Summary

PROJECTS SUMMARY

ATACAMITA

Atacamita is a mining exploration project located in Precordillera of the commune of Monte Patria, 120 km SE Ovalle, Coquimbo Region in Chile and 45km East of the town of Tulahuen.
It was discovered by our Geology Team through a regional generative program.
It is located in the metallogenic belt of giant copper porphyry of Miocene age (Los Pelambres of 10-14 Ma, 6Bt@0.52%Cu), and Eocene age (El Morro of 33Ma, 522Mt @ 0.62% Cu).
Type of Deposit: Cu-Mo-Au porphyry potential, Eocene age-Oligocene.
Early exploration stage: geology, geochemistry and IP geophysics, DDH drilling 4,903m.
The project consolidates 9,900 Ha. of mining property in four zones with high potential.
Expedited access from the city of Ovalle and good relations with the Community.

Molibdenita was discovered south of Bornita project, 48 km east from Tulahuén.
Presents radiometric ages for various precursors intrusive events that vary from 13.9 – 13.2 Ma. These characteristics place the project in Miocene porphyry belt of Cu – Mo /Au, where some of the largest deposits in the world are located, including cluster Los Pelambres (10-14 Ma > 6 Bt @0.52% Cu, 0.011% Mo)
Other features of the target:

a) Road and access available.

b) 1,238 m drilled.

America was discovered doing a regional target generation program.
The project is located 85 km SSE from Copiapó.
Comprises 8.200 hectares of exploration claims.
Locally composed of volcanic andesite , dacite , tuff ), intruded by multiple intrusives (68 to 62 ma. U/Pb), porphyries (61,7 61,9 ma. U/Pb) and hydrothermal igneous breccias.
Overprinted by chlorite epidote halo, silica quartz clay sericite , tourmaline alteration.
Mineralization composed of jarosite goethite hematite , Ox. Cu traces. Distributed in stockwork veinlets and disseminate.
Hydrothermal system controlled by NW and NE fault breccias veins system.
A pyritic propylitic halo drilled.