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1 History. The Company completed the purchase of Minera Seafiled SAS from RMB Australia Holdings Limited (RMB) on 20 June 2016. Minera Seafield, now Miraflores Compania Minera SAS (MCM) owns 100% of the Quinchia Gold Project ("Quinchia Portfolio") in Colombia where a NI 43-101 mineral resource of 2.8 million ounces of gold had been estimated.

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Notes* The mineral resource estimate is based on a Cut-Off Grade of 1.5 g/t Au derived from a Au price: US$1,275 /oz, costs of US$29/t for mining, US$11/t for processing, US$10/t for G&A and US$7/t for mill feed surface transportation, at a 93% process recovery.

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Mineral processing - Wikipedia

In the field of extractive metallurgy, mineral processing, also known as ore dressing, is the process of separating commercially valuable minerals from their ores

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