Company Type: Junior/Exploration
Company HQ: Chile, Santiago
Mine Locations: Argentina
Total Funds Required: $0
Trident Group of companies multi-faceted expertise in the field of Exploration, Mining and Gold Bullion trading spans over four decades.
Trident Group expanded into Argentina after the Macri Govenrment instigated positive changes. In 2016 TSE Argentina was established, after winning the tender for the Andacollo gold mining operation. Trident’s Exploration program at Andacollo started in 2017.
Trident Group is spear headed by second generation CEO, Leon Aleksander, who is today leading the family business, which was founded in 1982.
Trident Southern Explorations de Argentina
Location of Mine: Argentina, Andacollo, Region of Neuquen
Commodity Mined: Gold,Silver
Project Stage: Advanced Exploration
Funds Required: $0
Funds to Be Used For: Development,Construction
Annual Revenue: $0
Expected Annual Output: 0 tons
The Andacollo Gold Project covers a historic gold district, second only to Cerro Vanguardia in size within Argentina, where multiple high-grade Au-Ag veins have been identified. Although more than 100 veins have been mapped within the project area, only 5 have been developed to date. TSE mining rights comprise 29,575 ha. of which only 5% have been mapped and sampled including the 571 ha. concession area containing the current resources.
As at 2016, estimated resources for the Andacollo project were:
Measured and Indicated Resource - 47,100 ozs of equivalent gold
Inferred Resource - 58,500 ozs of equivalent gold
From October 2017 through March 2018, Trident completed 16,448m drilling (83 core holes) at Andacollo to expand the resource base in addition to pre-feasibility studies required to develop one or more potentially economic resources. As of April 2018, independent consultants have drafted a preliminary mine plan for the existing resources and Trident has acquired initial capital equipment to restart mining.
CIM standards / JORC code
RPM Global has been contracted to update the mineral resources (CIM compliant) based on the 2017-2018 drilling and develop a new mine plan using AVOCA extraction that Trident deems more efficient and safer than the historic shrinkage stoping.
Average gold equivalent grades (Au:Ag = 1: 71) estimated for current resources are as follows:
Erika 6.2 g/t, Karina 7.5 g/t, San Pedro Sur 16.1 g/t, Sofia 7.0 g/t, Buena Vista 6.2 g/t, Azul 3.0 g/t