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Pedernales

  • 100% owned – includes Alto Colorado Au-Ag epithermal target with strong affinities to nearby Salares Norte gold-silver deposit (25.6 Mt at 4.76 g/t Au and 53.14 g/t Ag)
  • Large areas of alteration and anomalous pathfinder geochemistry; Ag-As-Pb-Sb-Hg
  • Systematic coverage completed – rock and soil geochemistry, mapping and geophysical surveys
  • Well defined targets ready for drilling

Regional View

  • The alteration centres are in the regional scale NW trending Culampaja structural lineament
  • This lineament is inferred to control the emplacement of porphyry Au-Cu deposits in the Pampean Ranges (including Alumbrera) and epithermal high sulfidation deposits in the Pedernales district
  • Salares Norte (Gold Fields Limited) was discovered as a concealed ore-body 100-150m below surface with negligible gold values at surface

Surface Geochemistry

  • The tops of epithermal systems can be barren in Au, but at Pedernales there is distinctive strong pathfinder anomalism (Ag-As-Pb-Sb-Bi-Te-Hg)
  • Zoned alteration pattern present on the top of the systems
  • Nearby lava domes are a key ingredient of the productive systems
  • Drill targets are between 100 and 200 m below surface
Alto Colorado – Doña Ines / Hormigas Concept

Pedernales Project Highlights

Location Puna District, Catamarca Province
Geology High Sulfidation Epithermal (Au, Ag) style in Miocene Volcanics within Culampaja Lineament
Project Area 32,800 ha (328km²)
Ownership 100%
Elevation 4,600 – 5,200m ASL
Access Seasonal (Oct-May) – unsealed road from nearest town of Antofagasta de La Sierra (160km)
Primary Target Alto Colorado
Nearology Salares Norte (25.6 Mt at 4.76 g/t Au and 53.14 g/t Ag, Goldfields)

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