OREANDA-NEWS. GOLDCORP INC. (TSX: G, NYSE: GG) ("Goldcorp") today announced that it has closed the previously announced transactions that resulted in the formation of a 50/50 joint venture with Barrick Gold Corporation ("Barrick") in the Maricunga District in Chile.

Under the terms of the transactions and the previously announced offer to acquire Exeter Resource Corporation ("Exeter"), Goldcorp and Barrick will jointly control more than 20,000 hectares of mineral properties in the Maricunga District with the Cerro Casale and Caspiche deposits.

Cerro Casale and Caspiche currently report the following mineral reserves and resources:

Cerro Casale1 (100% basis)

 

Tonnes

(Mt)

Au

(g/t)

Contained Au

(Moz)

Cu

(%)

Contained Cu

(Blbs)

Ag

(g/t)

Contained Ag

 (Moz)

Proven & Probable

1,197.6

0.60

23.2

0.22

5.8

1.52

58.7

Measured & Indicated

296.6

0.35

3.4

0.16

1.1

1.07

10.2

Inferred

495.4

0.38

6.0

0.19

2.1

1.04

16.5

Caspiche2 (100% basis)

 

Tonnes

(Mt)

Au

(g/t)

Contained Au

(Moz)

Cu

(%)

Contained Cu

(Blbs)

Ag

(g/t)

Contained Ag

(Moz)

Measured & Indicated

1,403.6

0.51

23.0

0.19

5.9

1.20

54.2

Inferred

198.1

0.29

1.8

0.12

0.5

0.91

5.8