Stratoni is an underground, silver-lead-zinc mine located in the Halkidiki Peninsula in northern Greece.
It uses a multi-stage flotation process to extract a lead-silver concentrate and a zinc concentrate.
Key Facts
* Based on current proven and probable reserves.
2018 Outlook
Stratoni is expected to process 160,000 tonnes of ore at grades 7.2% lead, 8.7 % zinc and 175 grams per tonne silver. Sustaining capital expenditure at Stratoni is expected to be $8 million and development capital expenditure is expected to be $8 million for the year.
Geology and Mineralization
The deposit is a silver-lead-zinc carbonate replacement deposit that is hosted within marble of the Kerdilya Formation. The deposit is localized along the south dipping Stratoni Fault, a major structural feature and important mineralizing corridor in the centre of the Stratoni region. The fault separates the Kerdylia Formation to the north, host to the carbonate replacement deposits, from the Vertiskos Formation to the south, host to the Skouries porphyry gold-copper deposit. Mineralization extends for at least 8km along the fault with the historically mined Madem Lakkos deposit to the east of Mavres Petres, and Piavitsa, the focus of Eldorado Gold’s current exploration activity, to the west.
Exploration
Exploration at Stratoni is focused on testing the open western and downdip extensions to the deposit.
History