Copper Mining Farm Project in the Coquimbo Region

  • USD 1,200,000
Chile, Coquimbo
Mining
Copper Mining Farm Project in the Coquimbo Region
Chile, Coquimbo
  • USD 1,200,000

Overview

  • Farm
  • Property Type
  • 900 ha
  • Lot Size
  • 2036
  • Property Code:

Description

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 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 La Serena, travelling at approximately 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, it was estimated copper oxides resource of 5,000,000 tons @ 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 target type disseminated Cu and
porphyry copper.

The mining project is located 15 km from the large-scale mining operations of Carmen de Andacollo
(Teck) and Dayton Mining Andacollo Gold (Lachlan Star).

Port Machining Coquimbo, located approx. 60 km

Address

  • Department/Province: Coquimbo
  • Country Chile

Details

Updated on June 17, 2024 at 3:05 pm
  • Property Code:: 2036
  • Asking Price: USD 1,200,000
  • Land Area: 900 ha Size
  • Property Type: Farm

Contact Information

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Pablo Engel
  • Pablo Engel

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Pablo Engel
  • Pablo Engel