"Origen y Controles de la

Mineralización Económica de
Oro Contenida en Sulfuros en
La Mina Lagunas Norte
Distrito Minero Alto Chicama
La Libertad - Perú"

“Origins and Controls of Economic

Gold Mineralization Contained in
Sulphides in the Lagunas Norte
Mine
Alto Chicama La Libertad Mining
District - Peru"

N. Mendoza, C. Ticona
S. Paredes, A. Mamani
Summary

 High Sulphidation mineralization system.

 Mineralization related to Diatreme complex and Domes.
 Predominantly showing Silica Alteration and Advanced Argillic.
 Mineralization Mainly.
 In sandstone
 Sulphide mineralization related to breccias/fractures (sandstone
/Volcanics), Siltstone replacement, carbonaceous siltstone.
 Associated to Enargite>Pyrite, Pyrite>Enargite, Pyrite.
 At least three mineralization centers:
 Diatreme border / Sub-volcanic–Sediment basement
 Central Fault
 Southern area
 Approx. 3.5M Oz Au resource in sulphide type and carbonaceous ore.
 Process: flotation-Autoclave+CIL (carbon in leach), recov 87%-96%.
Content

 Location & Endowment

 Historical Geology
 Structural Setting of Lagunas Norte District
 Local Geology (original surface)
 Current Geology
 Grade x Thickness
 Gold Distribution relative to lithology
 Copper Distribution relative to lithology
 Gold Distribution relative to mineral zones
 Conclusions
Location & Endowment

Yanacocha (>50 M Oz)

K Shahuindo
1.9Moz

El Toro
Lagunas
Norte (>14M Oz)
La Arena
2 Moz
Lagunas Norte
>14 Moz
Trujillo
La Virgen
0.7 Moz

Quiruvilca

Santa Rosa
0.8 Moz

10 km
Pierina (>8.7 m Oz)
Huaraz Geology
And. Dac. Flow In Operation
Quaternary
Hydrotermal Bx Fm. Chimu Base Metal
Deposits Intrusive & Dome Cretaceous Sed. Mine
Miocene Volcanic Ts. Clastic Sed. Jurassic Sed.
50 km
And. Dac. Tuff
History of Development

 1998: Barrick first interested in area

 2000 Sep: Coal concession opened for tender
15 companies reviewed, only Barrick bid
 2001 Feb: Drill program begins
 2002 Apr: Initial resource @ 3.5 Moz
 2002 Dec: Reserve @ 6.5 Moz
 2004 July: Start construction
 2005 Q2: End of construction
Cost of construction: US$340 M
 2005 June: First gold bar
 2016 ~ : Exploration for Refractory Material Project
 2018 Dec: ~10 Moz produced
Geology | Historical Geology

 Explanations:
– A. Upper Jurassic and Lower Cretaceous
fine to silicoclastic deposition.
– B and C. Shortening process Peruvian &
Inca & Quechua phase,
compressional/extensional events.
– D. Affected by polygenetic Tertiary pre-
syn mineral magmatism, followed up by
hydrothermalism and mineralization.

D.

(from Lewis, P, 2002)

Geology | Schematic Structural District
Setting

Porphyry?
(modified from Lewis, P. 2002)
 Local Geology

Andesitic tuffs,
Miocene

flows, domes

Dacitic - andesitic
tuffs, domes,
diatreme

Unconformity
Cretaceous
Lower

Chimu sandstone +
mudstone, coal
Jurasic
Upper

Chicama siltstone,
(mudstone, sands)
Local Geology

Andesitic Tuff Alunite age

16.2 Ma Steam Heated
Vuggy
Alu
Alu - Dick
Alu - Pyp
Pyp
Chl-Epi-Ca
Diatreme Ill - Smc
Ill - Kao
17.11 Ma Fresh Rock

Lithology Alteration
Current Geology & Current Pit
N SW NE
Section 4200
Current Pit

4100
>0.2 g/t Au

4000 Pit LOM

>200 ppm Cu

Santa/Carhuaz Fm
Chicama Fm

500 m
Grade x Thickness, Plan View

Au Cu As S2
Grade x Thickness, Section N-S
N S

Au

Cu

As

S2
 Oxide / Sulphide Mineralization

N S

Oxides

Sulphides

Longitudinal section through the middle of the deposit (looking east) showing a view of
Lagunas Norte total mineralization.
• Green shape is a gold >1 g/t shell, the orange shape is a gold >3g/t shell and the red
shape is a gold >5g/t grade shell.
• Current topography shown in yellow.
Grade x Thicknes, Section W-E
W E

Au

Cu

As

S2
Mineral Distribution
SW Section 4050 NE

Current PIT

LOM PIT

4000 -

3900 -

Santa/Carhuaz Fm

Chicama
Fm

0.2 g/t Au 100 ppm As Enargita > 0.5%

200 ppm Cu 0.25% S2 Pirita > 0.5 %

Alex
a

Sección 4050
Josef
a

Dafne
SW Section 4050 NE

Current PIT

LOM PIT

4000 -
Alex
a
3900 -
Josef
a

Dafne
Mineral Distribution

Section 3500

SW NE
Current PIT

LOM PIT
4000 -

3900 -

Santa/Carhuaz Fm
Chicama Fm

0.2 g/t Au 100 ppm As Enargita > 0.5%

200 ppm Cu 0.25% S2 Pirita > 0.5 % Alexa

Josefa
Dafne
 Section 3500
SW NE
Current PIT

LOM PIT
4000 Alex
- a

3900
Josef
- Dafne a

Subvolcanic
Sandstone
Conclusions

 Real potential for sulphide mineralization in progress

 Still opened areas with sulphide mineralization.
 The main mineralization controls are:
 Lithological (Sandstone, breccias, siltstone and carbonaceous
siltstone)
 Structural: Fault and fractures
 Sulphides associated to Pyrite, Enargite.
 Chemistry association Au, Cu, As, S2, match with Pyrite and
Enargite distribution.
 At least three mineralization centers:
 Diatreme border / Sub-volcanic – Sediment basement
 Central Fault
 Southern area
 Nuestro agradecimiento a la
Gerencia de Operaciones y
Gerencia General de Cía. Minera
Barrick Misquichilca, por autorizar
y permitir esta publicación

Contacto: Nirio Mendoza

nmendoza@barrick.com