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COBA SW/Teresa - This project consists of 18 Claims (5 Exploitation and 13 Exploration) totalling 1,262 Ha.
INCA - This project consists of 17 Exploitation Claims totalling 2,941 Ha.
ROMA - This project consists of 12 Exploration Claims totalling 3,500 Ha.
Santa Gracia - This project consists of 41 Exploration Claims totalling 11,500 Ha.
El Bosque - This project consists of 90 Exploration Claims totalling 25,800 Ha.
(see property profiles below)
The Coba SW Property is located approimately 250 km north-northwest of La Serena in the Atacama Retion (Region lll), Chile.
The Property consists of 5 exploration claims 13 exploitation claims totalling 1262 hectares.
The Coba SW Property is located within the Coastal IOCG (Iron Oxide Copper Gold) Belt that parallels the Chilean coastline. This IOCG Belt is frther subdivided and the project area is located within the Coastal Metamorphic Terrane of Devonian-Jurassic age. Directly to the south-southwest is the Freirina Fault Zone.
The Coba SW Property hosts polymetallic veins with copper, gold and cobalt mineralization. Significant historic production has been undertaken in the district althought the project lacks a modern, systematic exploration program.
The Inca Property is home to current artisanal high-grade gold-silver mining. It encompasses 2,941 hectares located in the southern sector of Maricunga Gold - Silver Belt, noted for its multi-million-ounce deposits. Surface exploration programs conducted by the property owners in 2012 to 2014 identified five Au - Ag - Cu bearing alteration zones.
Surface rock chip sampling from the western "Ojos de Agua" alteration zone returned high grade assays of up to 47.6 g/t Au and 765 g/t Ag from 1 - 2 metre wide high sulfidation veins and up to 2.2 g/t Au and 20.6 g/t Ag from the surrounding altered host rock. Artisanal mining on the Ojos de Agua veins is currently ongoing from which high grades of 72 - 290 g/t Au and 381 - 787 g/t Ag are reportedly being recovered.
ROMA is an early staged exploration property located 20 km northeast of Ovalle, Region IV, Chile, within the Coastal Cretaceous Porphyry Copper-Gold belt. The Roma proerty consists of 12 exploration concessions totaling 3,500 ha.
Prior work on the claims including 2 drill holes was conducted by parties from 2013 thru 2016 and several claims have been mined sporadically on a small scale for more than a century.Samples taken from rock chip samples returned .35 to 4.16% CU, 0.25 - 12.59 g/t Au.
Nearby properties showing a simiar hydrothermal alteration zone have shown to be mineral rich.
El Bosque is an early staged exploration property located within the historic Rio Hurtado copper-gold-silver mining district in the Andean Cordillera of Region IV, Chile.
The El Bosque property consists of 90 exploration concessions totaling 25,800 hectares, owned 100% by Minera Recursos Andina Limitada, the whole owned Chilean subsidiary of Stuve Gold Corp.
The El Bosque Property area has to date seen only modest past Cu-Au production and exploration however, the peak rock sample high ( Assays from rock samples collected from the zone returned values up to 0.603% Cu and 0.11 g/t Au, 38.9 g/t Ag and 0.0416% Co.) would currently be considered ¨ore¨ grade in Chile´s open pit copper mines.
The Santa Gracia property lises south of the Coba SW property in the same Chilean Coastal Lower Cretaceous IOCG and Copper - Gold Porphyry Belt that is also home to the Candelaria mine complex to the north.
The property encompasses 11,500 hectares located in the Santa Gracia district of Northern Chile.
COBA SW Technical Report
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