Cretaceous meta-volcanic and sedimentary VMS rocks, including mafic pillow basalts, andesites, rhyolite tuffs/flows/domes, and extensive silica exhalites
Analogous to large VMS deposits in Latin America, including Tambo Grande, San Nicholas, and Campo Morado.
Three mineral leases totaling 12,041 hectares
Targets Drill Ready
Five high potential target areas have been identified on the basis of geology, geochemistry, and geophysics
High grade, open pit operation with 3-4 year timeline to production • Low first quartile costs, offering quick payback • 2016 drill program and scoping study improved understanding and augmented value
Mineral Resources at San Nicolás are 102.5Mt @ 1.24% Cu, 1.63% Zn, 25. 7g/tAg and 0.44g/t Au consisting of 91.7Mt @ 1.24% Cu, 1.70% Zn, 26.7 g/t Ag and 0.46g/t Au in the Indicated category and 10.8Mt @ 1.24% Cu, 1.00% Zn, 17.4g/t Ag and 0.26 g/t Au in the Inferred category
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