EL INCA AURIFEROUS Mining PROJECT in the Atacama Region

  • USD 6,500,000
Chile, Copiapó
Mining
EL INCA AURIFEROUS Mining PROJECT in the Atacama Region
Chile, Copiapó
  • USD 6,500,000

Overview

  • Farm
  • Property Type
  • 2045
  • Property Code:

Description


The Inca Auriferous Project is located in Region III of Chile, 105 km north of Copia|pó city, 104 km SW of Chañaral port, and 850 km north of Santiago. Closer is Inca de Oro, a small mining town (4 km to NE). A paved road and railroad are 1 km away. There is easy access to water and energy through a nearby high-voltage line and proximity to water wells. It is a mining-friendly district without relevant environmental and community problems.
History
The historical data highlight a series of small pits and underground mines that produced gold during the Incas. The project includes surface mapping, drilling, and surface and underground samples from different companies (drilled by owners, Meridian Gold, and even resources), with economic gold mineralization
intersected. Easy access to underground mineral resources in Diamante and Bienvenida claims, through mining ramp up to 80 m depth, with tunnel section of 4 x 4 m. Other zones to the SE have axes that communicate different levels, one of them being 200 meters in depth.
Geology
The area contains epithermal-style alteration (low-intermedial sulphidation), with mineralization of gold, minor silver, and copper. Metallogenetically, the project is located in the coastal belt, very near new discoveries at Inca de Oro and Carmen Porphyry Copper (PANAUST-CODELCO, 345Mt@0.47% Cu) located 2km NE.
In the El Inca area, it is possible to observe volcanic and clastic rocks (middle to upper Jurassic); dioritic and granodioritic porphyries of tertiary age (palaeocene) are also present. Intersecting the volcanic host rocks, a dilatational structural jog system generates a mineralized zone or block, constituted internally by vein system and inter-vein dissemination and stockwork, with gold grade variable between 0.5 and 2 g/t Au. Many veinlets type cruciform are observed. Its mineralization corresponds mainly to gold, less silver, and a lesser amount of copper. The copper increases towards NE, and gold and silver increase to SW. The veins are structures of width between 0.5m and >5 m. The central veins from south to north are Veta Cuatro Amigos, Veta Unión, Veta Inca and Veta Porteña. The veins’ gold grades vary from 1 to >10 g/t Au.

Address

  • Department/Province: Copiapó
  • Country Chile

Details

Updated on June 17, 2024 at 3:12 pm
  • Property Code:: 2045
  • Asking Price: USD 6,500,000
  • Property Type: Farm

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Pablo Engel
  • Pablo Engel

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Pablo Engel
  • Pablo Engel