ALICIA

Overview

Large concession block covering extensive zone of hydrothermal alteration in an underexplored belt 30 km SE of Goldfield’s Salares Norte deposit. No evidence of prior exploration and drill ready.

Details:

Location/ Access –Region III, north – central Chile, 90 km E of El Salvador (pop 7,000) at 4,300-5,000 m elevation. 30 Km SE of Salares Norte (GoldFields). Driving time from El Salvador 4 hrs via Salar de Pedernales.

PropertyStatus –Exploitation (2,700 Ha) and exploration (3,500 ha) concessions, 100% Apolo Exploraciones SpA

Property Size –6,200 Ha

GeologicalModel –High Sulfidation Epithermal

Work to Date –Geologic mapping at 1:10.000 scale. Geochem sampling,1,128 soil and rock samples. TerraSpec (PIMA) analysis of 522 samples on geochem grid for alteration mapping.

Technical Comments–Extensive area of argillic – adv argillic (alunite-kaolinite-opal-native S) alteration largely concealed by fresh to weakly altered dacite flows and domes. Stronger alteration in permeable tuffaceous rocks accompanied by hematite-goethite, jarosite with alunite, gypsum veinlets and sulphate crust.