Exploration for iron ore is to be carried out at Capilagaichem Guedd Iron Ore Mine located at village Arvalem in Bicholim taluk in North Goa district of Goa. The proposed rated capacity of the mine is at 0.402 mtpa with a mineable reserves of 3.153 mt. The project cost is estimated at Rs. 61.6 million. The actual mining area of iron ore will be 15.20 ha.