Exploration and
Mining in Central
America and the
Caribbean
by Brian O'Hara
30 www.resourceworld.com
H
aiti, Dominican Republic and countries in Central
America are fairly small but they are home to some
of the biggest mining projects in the world. Junior
exploration companies can potentially have entire districts to
themselves in many of these underexplored countries.
The view from the highest point of Everton Resources'
APV Project illustrates the mineral potential of Dominican
Republic. Visible from that vantage is the gigantic 25 + million ounce, US $3.8 billion Pueblo Veijo gold mine. Across
the valley is the high-grade, copper-gold Cerro de Maimon
Mine and on the next ridge is the 40+ year old Falcondo
nickel mine and smelter. Three operating mines, all with different minerals, all in the Tireo Formation, Cretaceous-age
volcanic belt and all lined up over a distance of about 40 km.
This favourable geologic structure runs across Dominican
Republic and across the northern part of Haiti; over 400 km.
Several companies have successfully unlocked the mineral
potential of the area's geology.
Working in Central America, Haiti and Dominican
Republic presents some unique challenges. Companies
with local knowledge have better odds of choosing the
NOVEMBER 2012