The El Arrayan mining property is located at the east border of the Cordillera de la Costa range of La Serena, IV Region of Chile, 30 km to the Southeast of La Serena (305,300E – 6,668,300N) and at an elevation of 700 m. It is situated approximately 350 kilometres north of Santiago, near the southern limit of the Atacama Desert. The property can be accessed from the city of La Serena, traveling approx. 50 km (some 40 minutes) through the Route 41 route passing the Elqui Valley and up to the neighbouring town of La Villa, from where the project area is easily accessed. Highlights Different intrusives (some of them porphyry copper type), intruding Quebrada Marquesa Formation (mainly volcanic rocks), causing strong hydrothermal alteration and mineralization (Cu, Au + Mo). After a new campaign of 16 drillings was estimates copper oxides resource of 5,000,000 ton @ 0.59%Cu (>90% Resources Measured plus Indicated). Immediate vicinity of disseminated mineralization, porphyry copper, including grades > 0.5% Cu, +Au, +Ag, +Mo, of Cretaceous age. Tenements 900 hectares, with high chances of finding new targets type disseminated Cu and porphyry copper. Mining project located 15 km from the large scale mining operations Carmen de Andacollo (Teck) and Dayton Mining Andacollo Gold (Lachlam Star). Port Machining Coquimbo, located approx. 60 km Price: 1,200,000 USD
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ID:147551