Projects
Cuajone NW
Antalla
Guacano
Astobamba
Pucacorral
PERU
Cuajone NW
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Paleocene Porphyry Cu-Mo.
Antalla
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Paleocene Porphyry Cu-Mo.
Guacano
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Paleocene Porphyry Cu-Mo.
Astobamba
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Miocene Porphyry/Skarn Cu-Mo.
Pucacorral
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Paleocene (probable) Porphyry Cu-Mo.
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23678 108 Loop

Maple Ridge, BC

Canada

604-466-0425

V2W 1B2

Cuajone NW

Cuajone NW is a Paleocene Porphyry Cu-Mo target within 5000 ha of mineral tenure. The project is located approximately 5 km northwest of the Cuajone porphyry Cu-Mo mine (2,251 Mt @ 0.47% Cu, 0.02% Mo grade) and aligned with the Quellaveco porphyry Cu project (2,904 Mt @ 0.46% Cu, 0.015% Mo), currently in development. These large deposits are hosted in the Southern Peru Copper Belt, which includes the Toquepala (2,749 Mt @ 0.49% Cu, 0.03% Mo) and Cerro Verde (4,408 Mt @ 0.37% Cu, 0.014% Mo) mines and numerous porphyry Cu prospects.


An exploration target under shallow cover measuring 3 x 2 km is indicated by a ZTEM anomaly and supported by exposed rock types, alteration patterns, and outcrop geochemistry. The target with both supergene enrichment and hypogene potential is under volcanic and colluvial cover estimated to be 50-100 m thick.


The project has not been drill tested.Power and transport infrastructure required for mine development and operation is close to the project and the city of Moquegua is already a service centre for 3 large mining operations.

Antalla

Antalla is Porphyry Cu-Mo target of inferred Paleocene-age within 1000 ha of mineral tenure. The project is located on the northwest continuation of the Paleocene magmatic arc segment between Arequipa and Moquegua where large porphyry Cu-Mo systems occur (Cerro Verde, Cuajone, Toquepala, Quellaveco).


A large, 2.5 x 1.0 km porphyry-related hydrothermal alteration zone appears to encompass two overlapping hydrothermal centres hosted in equigranular granodiorite that is part of the Coast Batholith of Peru. Alluvium covers the central part of the alteration zone. Outcrops distributed around the perimeter of cover contain sparse quartz veinlets overprinted by entre are distributed around a broad is contain cored by quartz-sericite-pyrite (phyllic) alterationis exposed on the margins of a broad, alluvial filled valley. Small-scale copper mining operations have exploited Cu-enriched zones localized along discrete phyllic-related pyrite veins extending outward from the porphyry centre. A quartz-feldspar porphyry stock crops out near the northern limit of hydrothermal alteration zone. The target has not been drill tested.

Guacano

Guacano is a Paleocene Porphyry Cu-Mo target within 700 ha of mineral tenure. The project is located near the southern end of Southern Peru Copper Belt. This belt is interpreted to continue south into Chile where Cerro Colorado and Spence are located.


Geologic mapping has outlined an exploration target approximately 3.2 x 1.8 km coinciding with a hydrothermal alteration zone centred on an outcropping, porphyry intrusion. Outcrop sampling demonstrates the hydrothermal system is copper bearing. Quartz veinlets developed in and around the porphyry intrusion are overprinted by quartz-sericite-pyrite (phyllic) alteration. Primary sulfides removed from surface exposures by weathering indicate potential for enrichment zones below. Alluvium covers most of the phyllic alteration zone to the east of the porphyry exposures. Hydrothermal breccia units cropping out on the hillside west of the exposed porphyry intrusion suggests a hypogene porphyry target extends into this area beneath propylitic alteration mapped at surface.

Astobamba

Astobamba is a Porphyry Cu-Mo and Skarn target within 1000 ha of mineral tenure located in the Miocene Mineral Belt. Elevation of the project reaches 3000 m. This early-stage project exhibits to geological similarities to Antamina (1,066 Mt @ 0.89% Cu, 0.02% Mo, 0.71% Zn, 10.25 g/t Ag) and Toromocho (2,151 Mt @ 0..45% Cu, 0.02% Mo, 7.09 g/t Ag), which are deposits prominent in the Miocene Mineral Belt further north.


A quartz monzonite porphyry stock is exposed on the property and contains a quartz vein stockwork mineralized with molybdenite and chalcopyrite. Potassic alteration and skarn mineralization is developed in the sedimentary host rocks adjacent to the porphyry. The alteration footprint surrounding the porphyry exposure is 2 x 1.5 km and encloses a second alteration centre that has only received preliminary reconnaissance. Anomalous copper geochemistry from outcrop sampling is associated with the large zone of hydrothermal alteration. The prospect has not been drill tested. The project is situated close to power and transport infrastructure. The local community has been supportive of exploration activities.

Pucacorral

Pucacorral is Porphyry Cu-Mo target interpreted to be Paleocene-age within 600 ha of mineral tenure. The project is located on the northwest continuation of the Paleocene magmatic arc segment between Arequipa and Moquegua where large porphyry Cu-Mo systems occur (Cerro Verde, Cuajone, Toquepala, Quellaveco).


A large, 1.9 x 1.0 km porphyry-related hydrothermal alteration zone is exposed on the margins of a broad, alluvial filled valley. Small-scale copper mining operations have exploited Cu-enriched zones localized along discrete phyllic-related pyrite veins extending outward from the porphyry centre. A quartz-feldspar porphyry stock crops out near the northern limit of hydrothermal alteration zone. The target has not been drill tested.