Key Projects







Los Tambos “Option”
(Santo Tomas)


Base Metals


Capricho “Option”

Paco Orco “Option”


6 Early Stage Projects, including





HS = High Sulfidation Epithermal

VMS = Volcanogenic Massive Sulfide

CRD = Carbonate Replacement Deposit




Drill permits submitted,

approval pending

Drill targets identified, permits and applications being prepared

IAMGOLD earn-in agreement – mapping, geophysics and drill targets being prepared



Drill ready project available for option/joint venture

Earn-in agreement with Solaris Copper

Earn-in agreement with Solaris Copper



Generative Program and
Acquisition Opportunities

Target Type



HS (Au)


HS (Au)


HS (Au)



VMS (Cu-Zn)

Porphyry (Cu-Mo-Au)

CRD (Pb-Zn-Ag)



Porphyry (Cu)

HS (Au-Ag)

HS (Au-Ag)



  • 2,535 hectare under-explored property – analog of Mulatos and Yanacocha Gold mines
    • At intersection of regional mine trends
  • Extensive high sulfidation gold system
    • Rock sampling: up to 0.34 g/t gold + pathfinders
    • Well defined geologic & geophysical drill targets
    • Vertical feeder zone with multiple horizons of silicification
  • Good community relations and drill permitting underway

Lourdes Project: Drill ready vertical feeder zone with multiple silicified horizons

  • High sulfidation gold system on large property (7,600 hectares)
  • Enormous alteration footprint coincident with up to 2 g/t gold at surface
  • Extensive resistivity (IP) target supported by rock geochemistry
  • Good community relations
  • IAMGOLD has recently expanded the property and conducted geophysical surveys in preparation for drilling
  • IAMGOLD can earn 60% interest within 4 years by spending US$4M (including minimum 2,000m of drilling) and paying Pucara US$0.5M

Los Tambos Outcrop


(formerly Santo Tomas property – Optioned to IAMGOLD)


  • High sulfidation Au targets on 5600 hectare property
  • Large (4 x 20 km) lithocap with multi-stage hydrothermal breccias
  • 2016 sampling returned up to 5 g/t gold & 15% copper
  • Extensive shallow surface cover, 40 line-km IP/Mag geophysical program planned
  • Advancing rapidly to drill ready targets
  • Vuggy silica and breccia outcrops analogous to the Pierina Gold Mine
  • Multi-million ounce targets

Picture foreground: 5 g/t gold in multi-stage vuggy silica breccias


  • 4,600 hectare property with Copper porphyry target with Cu-Mo-Au at surface
  • Mineralization in stockworks and altered intrusives
  • Rock chip channel samples up to 3% copper
  • Sampling, mapping and geophysics planned to define drill ready targets

Newly eroded 45 m exposure at Capricho: Porphyry mineralization in stockwork and altered intrusive rocks


  • Carbonate Replacement Deposit-distal CRD mineralization
  • Property expanded to 4,400 hectares
  • Under-explored, needs more boot leather, geochem and geophysics
  • Gossan & jasperoid silica outcrop extends at least 2 km
  • Stratiform body hosted in Jurassic-age limestone
  • Surface samples up to 0.58 % Pb, and 0.26 % Zn and 58 g/t silver

Photo of fine cellular boxwork resulting from intense leaching of primary sulfide (chalcopyrite-galena-sphalerite?), western exposure of Paco Orco stratiform limonite



  • Copper-Zinc Volcanogenic Massive Sulfide (VMS) target in central Peru on 5,900 hectare property
  • Work completed at Guadalupe includes: geologic and alteration mapping, rock and stream sediment geochemistry, induced-polarization (IP), ground magnetometry (119 line-km) and ground time-domain electromagnetic (TEM)  (18 line-km) surveys, and 3,776 m of drilling in seven holes.

View of altered andesite containing barite at Guadalupe project

  • The drilling tested only one of eight targets identified
  • This initial drilling identified Zinc to 1.94%, Copper to 0.87%, Silver to 41.8 g/t and Gold to 0.67 g/t

Guadalupe Factsheet View & Download

  • The geologic setting is similar to neighboring major VMS deposits Cerro Lindo Mine with reserves of52 Mt of 1.9% Zn, 0.7% Cu, 20 g/t Ag; and the Tambo Grande deposits with measured resources of:
    • TG1: 109 Mt of 1.0% Zn, 1.6% Cu, 22 g/t Ag, 0.5 g/t Au, and
    • TG3: 82 Mt of 1.4% Zn, 1.0% Cu, 25 g/t Ag, 0.8 g/t Au.


  • Located in Huancasancos-Ayacucho region and includes 1,600 hectare concessions
  • It is a high sulfidation system, located in Miocene volcanic rocks
  • Alteration identified over 2.8 x 3.2 km, characterized by irregular bodies of granular and vuggy silica and cut by channels of hydrothermal breccia, quartz-alunite and alunite –kaolinite alteration assemblages
  • Hand samples grade up to 33 ppb gold, 2 ppm mercury and 1,415 ppm arsenic


  • Located in Cora Cora – Ayacucho region, north of the Breapampa gold mine and consists of a 1,000 hectare concession
  • High sulfidation target in Miocene volcanics
  • Alteration is manifested in a 3 km x 4 km area with chalcedonic and massive silica bodies, quartz-alunite and alunite-kaolinite alteration assemblages
  • Hand samples grade up to 12 ppb gold, 3 ppm mercury and 889 ppm arsenic


  • Porphyry-skarn copper target
  • No additional information at this time

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