Amarillo Gold Corporation is advancing two gold projects in Brazil, where they have a strong social licence to operate. Both are in mining-friendly states and close to excellent infrastructure.
Their flagship asset is a development stage Posse Gold Project on their Mara Rosa Property in the State of Goiás. A positive feasibility study shows that Posse has a 10-year mine life at an AISC to produce gold of US$706 per ounce. With mineralization eight kilometres northeast of the deposit, which is open at depth, there are many opportunities to expand the resources at Mara Rosa and add to Posse’s mine life. Visit Website