Salave Project
One of Europe’s largest undeveloped gold deposits
The Project
In 2017, EMC Gold Corporation implemented strategic structural changes including a new Board of Directors and management team to aid in the development of its 100% owned Salave Gold Project in Asturias (northern Spain).
The project is comprised of five mining concessions and associated extensions covering 662 hectares and a contiguous investigative permit covering another 2665 hectares. Drilling to date totals 67,142m in 378 holes (334 diamond drill holes) and metallurgical tests indicate gold recoveries over 90% are possible from a marketable, gold/sulphide concentrate.
Technical Report, Scoping Study
February 2025
In March 2025 EMC Gold released details of an updated Scoping Study prepared by Bara Consulting (UK) Ltd. in relation to the Salave Gold Project in Asturias, northern Spain.
Updated Mineral Resource
Statement
The Salave project has a compliant independent JORC total resource of 17.1Mt (M+I+I) at a grade of 2.85 g/t Au for a total of 1.56 Moz contained Au (as at 1 February 2025).
Preliminary Economic
Assessment
EMC Gold's Preliminary Economic Assessment of the Salave Gold Project. Completed in Q1 2019. The PEA was subsequently updated in 2024 to acknowledge the increase in gold prices and operational costs following the pandemic.
Location & Infrastructure
The Salave Gold Project, in the famous mining region of NW Spain, is surrounded by well-established infrastructure and transport links to ensure a smooth route to mine construction.
Mineral Resource Statement
EMC Gold completed an MRE in Q4 2018 for its Salave Gold Project. Resources (M, I & I) now totals 1.6 Moz Au with average grades of 4.27 g/t Au.
Geology and
Resources
Technical
Maps
Technical
Reports
