Browns polymetallic ore deposit "sulfide" resources. The oxide resources consist of supergene or weathered sulfide ore where the ore mineralogy is dominated by metal oxides, hydroxides, clays and carbonates after the original sulfide mineralogy. The Browns deposit is currently being developed as a major base metals mine by Compass Resources NL, an Australian public company, in joint venture with Hunan Nonferrous Metals Corporation, a Chinese government company. The mine is due to be complete in August 2008, after suffering cost escalation and construction delays, and will produce 15,000 tonnes of copper, 4,000 tonnes of cobalt and 4,000 tonnes of nickel per annum, with a
Argentine Pass iron pyrite, cupriferous pyrite (chalcopyrite), and some tetrahedrite. This was the first major discovery of silver ore in Colorado. They named the deposit the Belmont Lode (from the French for "beautiful mountain"), and the surrounding area came to be known as the Argentine mining district (from "argentum", Latin for silver). The discovery led to the growth of Georgetown as an early center of the silver mining industry in Colorado, although development was slowed by a general ignorance of how to properly treat the ore, by the high cost of transportation from the mines, and by the climate at that altitude.