The La Pepa project lies within the prolific Maricunga Belt - a region in the Andean Cordillera of northern Chile containing abundant gold and silver prospects.
Project Status
Exploration
Highlights
- The La Pepa project is within the vicinity of other comparable deposits that are more advanced and larger in size and scale.
- Metallurgical work completed in 2008 included bottle roll tests for oxidized and unoxidized ore. Additional metallurgical testwork includes column leach tests for crushed and run-of-mine ore.
- Metallurgical recoveries are estimated at an average of 70 percent based on work completed to date.
- Exploration efforts continue in order to increase contained ounces and further evaluate the feasibility of the project.
Resources
(at December 31, 2008)
Measured and Indicated Resources
(exclusive of reserves)
149M tonnes at 0.57 grams/tonne gold = 2.8M ounces gold
Inferred Resources
(exclusive of reserves)
38M tonnes at 0.5 grams/tonne gold = 620,000 ounces gold