RDM

Producing gold in Brazil

The RDM Mine commenced production in early 2014. RDM is a conventional open-pit mine with a 7,000 tonnes per day CIL plant.

Status in production

Location Minas Gerais State, Brazil

Production 50,000-55,000 oz in 2020

Reserves 0.8 Moz @ 0.99 g/t gold

M&I Resources 1.3 Moz @ 1.00 g/t gold 1

Inferred Resources 0.4 Moz @ 1.50 g/t gold

Mining Style open pit with cil plant

DownloadRDM technical report

  1. M&I Resources are inclusive of reserves
  2. See Operations / Reserves & Resources and Cautionary Notes

The RDM mine is located in Minas Gerais State, Brazil, about 560 kilometres north of the state capital city of Belo Horizonte. The mine area covers approximately 22,600 ha and is accessible by air and road. It was acquired by Brio Gold in April 2016 and subsequently acquired by Leagold in May 2018. The operation is a conventional open pit mine with a 7,000 t/d carbon-in-leach (CIL) plant.

The RDM mine commenced production in early 2014. Average life of mine production at RDM is estimated to be approximately 98,000 ounces of gold per year over a nine-year mine life. For 2020, Equinox Gold expects RDM to produce between 50,000-55,000 oz of gold at AISC of $1,000-$1,050 per ounce of gold sold.

Geology and Mineralization

The RDM gold deposit occurs in the north-south trending Araçuaí Fold- Thrust Belt along the eastern margin of the São Francisco Craton, a major Archean-age basement block which underlies more than one million square kilometres in eastern Brazil. The Araçuaí Fold Belt is 15 km to 45 km wide and consists of a series of meta-volcanic/meta-sedimentary rocks of late Archean to late Proterozoic age.

The principal host for the gold mineralization is the quartz-muscovite schist of the Riacho dos Machados Group. The mineralization occurs in a belt of hydrothermally-altered rock developed along a district-scale shear zone. Mineralization occurs in the hydrothermal/shear zone and gold grades are closely related to the sulphide content, especially arsenopyrite.

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