Additional Targets
Good Lucky Target
Exploration History
The Mollecruz concessions are approximately 1,000 hectares and represent another cluster of mineralizing intrusive bodies in the Sombrero district that are characterized by copper-gold skarn mineralization. The Mollecruz concessions were acquired in June 2018 and include the Good Lucky target.
The principal skarn body at the Good Lucky target demonstrates high-grade copper-gold mineralization sampled over a 600-metre length and over 250 vertical metres. Rock samples graded up to 5.12 g/t gold and 4.29% copper in sulphide mineralization.
Totora, Uchuy
In addition, the Totora and Uchuy targets have also been discovered through sampling. At Totora, the Company’s geologists have sampled gold values up to 5.07 g/t and copper values up to 3.14%. At Uchuy, strong arsenic and antimony values have been sampled which indicate the potential for proximal base and precious metal mineralization.
Historical surface samples from Sombrero indicate significant copper and gold values. Geological mapping and geochemical sampling were completed over the project in 2007, and high-resolution ground magnetic and induced polarization surveys were completed during 2008. Importantly there has been no drilling that has occurred on the project to date.
Macha Machay, Milpoc
Regional Stream Sediment Survey
Since 2017, the Company has conducted geochemical surveys over 7,000 square kilometres of land by collecting stream sediment samples from drainage basins to target potential mineralization. The results of these surveys can be seen in the maps below, which display copper, gold and silver values over the Sombrero project area.
The highest copper values in stream sediments observed were at the Macha Machay target, which the Company staked in 2019, and were found in consecutive drainage basins over an area of approximately 12 kilometres by 6 kilometres. Both leachable (CN44) and ICP results demonstrate copper levels 1.5-3.5 times greater than those observed at the Ccascabamba, Nioc and Good Lucky targets, which are all characterized by high-grade copper-gold surface mineralization.
