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CORDILLERA

MARICUNGA BELT, CHILE

With a lack of modern systematic exploration, the Cordillera project represents a unique opportunity in an area of known mineralization less than 5km from existing operations. A total of 486 m of drilling in 1990 encountered up to 6.4 g/t.  13 chip samples in 1994 from outcrop yielded up to 10.32 g/t Au and 51 g/t Ag. Geophysics has identified multiple targets under cover for further exploration.

CORDILLERA HIGHLIGHTS

Property largely covered by talus,
undrilled IP anomaly

Gold up to 6.4 g/t in drilling

Located between two 10+M oz Au deposits¹

New opportunity with lack of modern exploration

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MARICUNGA BELT LARGE DEPOSITS

**

The Maricunga belt hosts large porphyry and epithermal gold deposits of over 10 million ounces.  The region has a history of gold production and currently has reserves and resources in excess of 100 million ounces*. It boasts excellent infrastructure, an experienced mining labour force in a favorable mining jurisdiction.

Maricunga Belt Large Deposits Regional Map

CORDILLERA PROPERTY

100km km east of mining
centre city of Copiapo

Location

1,680 Ha (5 x 4 km)

Size

Road access from Copiapo

Access

Exploration property
between two major deposits

Highlights

100%

Ownership

2% NSR with option
to buy-back 1% for $2M USD

NSR

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CORDILLERA EXPLORATION

Property is largely covered by talus

High sulfidation style vuggy silica breccia – 200 x 400m at surface – up to 2.2 g/t, sampling from outcrop up to 10.32 g/t Au and 51 g/t Ag

Preliminary drilling in 7 holes – 0.37 g/t Au over 10m, strong alteration

RC drilling in 1990 encountered up to 6.4 g/t Au and 76 g/t Ag (over 2 m)

Undrilled IP anomaly – only one line of IP completed

Image by Peter Olexa

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