The Indio property is located in the Department of Tinogasta, Catamarca Province, Northwest Argentina, within the Maricunga Metallogenic Belt. The Property consists of two non-contiguous blocks totaling five mineral concessions, Indio II, Indio III, Indio IV and Indio V, for a total of 9,119.28 ha.
The Maricunga Metallogenic Belt straddles the Chile-Argentina border and consists of a series of coalescing composite, latest Oligocene to Miocene andesitic to rhyolitic volcanic complexes and co-magmatic subvolcanic stocks that extend for 200 km along the western crest of the Andes.
The volcanic rocks, which host multiple associated porphyry gold ± copper and high sulphidation epithermal gold ± silver deposits, as well as numerous other smaller mineral occurrences, overlie older sedimentary and volcanic rocks of Mesozoic and Palaeozoic age. The Lobo-Marte gold porphyry deposit, the Refugio gold mine, the La Coipa gold-silver mine, and the Cerro Casale porphyry copper-gold deposit are located in the Maricunga Belt.WORK PERFORMED
– Technical Report
– Collection of field samples
– Certification of field samples – by Alex Stewart – www.alexstewart.com.ar
– Property Valuation Report – by RPA Inc. – www.rpacan.com
Exploration activities including:
– Collection of additional field samples.
– Preparation of a Report NI 43-101
Reports on Indio project are available under a Confidentiality Agreement. Other information includes Maricunga Belt studies and NI 43-109 reports for other properties in the Area.
Salares del Norte is proceeding with the exploration work, and open as well to consider selling the asset or joint venture, earn-in agreement / other.