• Overview

    Venâncio is a gold mining and exploration company focused on the evaluation and development of gold projects in Brazil. The Company commenced development of the Amazon orebody late in 2015 and the gold process plant was started up at the end of 2016. The Company declared commercial production of the Amazon orebody effective from 1 July 2017.   The Company has also declared commercial gold production at its satellite Madeira River orebody effective as of 1 January 2017.  Combined gold production from the Amazon Mining Complex is approximately 40 000 ounces per annum.

  • Madeira River Project

    The Madeira River is the main river of cargo and fuel transportation between the states of Rondônia and Amazonas. In 2015 the DNIT (National Department of Transportation) began the process of contracting dredging of the Madeira River in order to guarantee a navigation between the two states (Rondônia and Amazonas) and associated with the dredging service began the service of decontamination pain Madeira River (removal of mercury). Analysis of the knowledge and dissemination of information on the analysis of 70 by the quality products and through studies conducted by some research institutes identified that aquatic fauna, Indians and some communities are contaminated with mercury.

    The dredging of the river wood has already begun. In a first step, the river bed will be deepened in seven critical points. The operation began on August 17, 2017 by the locality known as Curicaca, where it is expected to remove more than 100 thousand m³ of sediment.

    In the next five years, R $ 68.7 million will be invested to guarantee the minimum draft of 3.5 meters required for the navigation of the barges that flow corn and soybean from the west of Mato Grosso to the ports of Arco Norte and also to the movement of fuel and general cargo between Porto Velho and Manaus.

    The gold estimate is 4.5 g / ton of processed material and can reach up to 40 000 ounces of gold in a year (estimated).

    The project is currently stopped because we are looking for financing / investor, therefore, there is a need to manufacture special equipment (to dredging) and hiring (special) labor so that it is possible to return with the operation.

  • Pará Mining Project

    The Tapajós Gold Province is located in the western portion of Pará State, central northern Brazil and covers a total of some 100,000 km2. The Tapajós is in the southern-central portion of the Amazon Craton, generally termed the Brazilian Shield, as opposed to the northern portion of the Craton referred to as the Guyanian Shield and extends into the littoral countries of the northern South American continent.

    The Brazilian Shield is nucleated on the Archaean granite-greenstone terrain of the Carajás-Imataca Province in eastern Pará State, and progressively becomes younger and shallower towards the west, grading into granite dominated then into granite-volcaniclastic terrain of Paleoproterozoic age rocks of the eastern Amazonas State. In the Jardim do Ouro region lithologies are dominated by granitoids of Paleoproterozoic age.

    The Tapajós Province represents a tectonically controlled geological evolution attributed to the Orosirian Proterozoic period, comprising four plutonic events, over a 140 Ma period.

    In the Tapajós Province two main units form the basement, the Paleoproterozoic Cuiú-Cuiú metamorphic suite (2.0 -2.4 Ga) and the Jacareacanga metamorphic suite (>2.1 Ga). The Jacareacanga is considered to be the older suite; however the relationship is not yet well defined.

    The Jacareacanga suite is comprised of a sedimentary-volcanic sequence, deformed and metamorphosed to a regional greenschist facies, with units of sericitic and chloritic schists and rare banded iron formations.

    The Cuiú-Cuiú suite, which is the basement for the Palito area, is comprised of orthogneisses of dioritic to grandioritic composition, locally mylonitized, deformed tonalitic granitoids and enclaves or rafts of amphibolites.

    Both the Cuiú-Cuiú and Jacareacanga suites are intruded by monzogranites of the Paráuari suite (2000 -1900 Ma), tonalites, diorites and granodiorites of the Tropas suite (1907 Ma -1898 Ma) and granites and granodiorites of the Creporizão suite (1893 -1853 Ma).

    These three intrusive suites are considered to have calc-alkaline affiliations and may be considered remnants of a magmatic back arc system interpreted for the region.

    The Tapajós Province represents a tectonically controlled geological evolution attributed to the Orosirian Proterozoic period, comprising four plutonic events, over a 140 Ma period.

    In the Tapajós Province two main units form the basement, the Paleoproterozoic Cuiú-Cuiú metamorphic suite (2.0 -2.4 Ga) and the Jacareacanga metamorphic suite (>2.1 Ga). The Jacareacanga is considered to be the older suite; however the relationship is not yet well defined.

    The Jacareacanga suite is comprised of a sedimentary-volcanic sequence, deformed and metamorphosed to a regional greenschist facies, with units of sericitic and chloritic schists and rare banded iron formations.

    Regional structural analysis of the Tapajós Province has identified various compressive deformation regimes including ductile, brittle-ductile and brittle. The deformation is interpreted to have occurred as two separate events, the first compressive event, with peak deformation around 1.96 Ma, resulting in the development of ductile and brittle-ductile deformation regimes. The second event occurring at 1.88 Ma resulted in brittle deformation. These events resulted in major north-south, north west-south east and east-west lineament sets.

    The geometry of the lineament and structures are compatible with a combination of Riedel fracturing and strike slip fault systems, where the principle vector of compression is oriented in an east-west and ENE-WSW direction.

    Gold mineralization is not restricted to a particular suite, with deposits located in all suites including; Cuiú-Cuiú Suite (Cuiú-Cuiú), Paráuari Suite (Tocantinzinho, São Jorge and Palito), Tropas Suite (Ouro Roxo), Salustiano and Bom Jardim Formation (V-series deposits, Bom Jardim), Maloquinha Suite (Mamoal). Gold mineralization associated with quartz and hydrothermal alteration assemblages is reported in all the fracture orientations of the Reidel system, and are dominated by fractures oblique to the principle strike-slip shear orientation.

  • Our Area

    Local: Itaituba – PA
    Area: 250 hectar

    The region has the potential for granite hosted and epithermal style gold mineralisation with significant anomalous areas corresponding to both NW trending structural lineaments and volcanic units.

    The area is isolated and as a result is garimpeiro free. The results have been highly encouraging with the best catchment anomaly of 15km X 5km containing a 4.02g/t Au, from -80# fraction and multiple >0.5g/t results.

    Estimated 23 800 ounces year.