Gold Fields’ Salares Norte deposit generates market buzz

The downturn in the mining industry isn’t generating very many good news stories these days, but the promise of untold riches from an undeveloped high grade deposit in Chile still elicits excitement in even the gloomiest of markets.

Talk on the street is that Gold Fields' (NYSE: GFI) Salares Norte high grade deposit in the Andes is probably one of the best undeveloped deposits – if not the best undeveloped deposit – in the world today.

Some even venture to say that it has the potential to rival Chile’s legendary El Indio mine, which between 1981 and 2002 produced 4.5 million oz of gold at about 8.33 g/t Au, along with 25 million oz of silver and 472,000 tonnes of copper.

Read the complete article at NorthernMiner.com/news/salares-norte