Location
- Chile: 500 km north of Santiago
- Coquimbo: 40 km from La Serena
- Low altitude: 500-1,000 m.a.s.l.
Ownership & Royalties
- 99.7% with option to go to 100%
- 1% NSR Royalties over parts of project area
Results (selected)
285 metres at Gaby with:
- 0.40% copper
- 23.5% iron
- 0.08 g/t gold
(from 100 metre depth)
82 metres at Chirsposo with:
- 0.38% copper
- 540ppm cobalt
(from 64m to end of hole)
Stage
Post discovery / "Pre resource"
Size
4,074 hectares of concessions
Past Work
- 6,800m of historical drilling,
- Magnetic and IP surveying
- Metallurgical test work (G&T/M3)
- Estimated value of US$ 3 million
Infrastructure
- 10 km from the coast
- 70 km by road to Coquimbo port
- Transmission line & roads nearby
Potential
- Exploration upside under gravels
- Consolisation potential