Área Minera
DEL CARMEN
MINERA DEL CARMEN S.A.
MINERA DEL CARMEN S.A.
English Version
The Del Carmen exploration project is located in the geological province of the Front Range of theAndes Mountains, Department of Iglesia, at the southern part of the Valle del Cura mining district. This project is close to Jagüelito, La Ortiga, Tagua, and the Veladero mine. The distance from the city of San Juan is approximately 300 km.
This area has been explored by Barrick Exploraciones Argentina S.A. (1994-1998), Argentina Gold Corporation (1998-2000), Malbex Resources Inc. (2008-2014), and Minera Del Carmen S.A. (2014-present).
To date, detailed geological surveys, surface geochemical sampling, geophysical studies, and geochronological studies, among others, have been conducted. Over 222 boreholes were drilled totaling 57,100 meters. Based on this drilling, a resources estimation has been completed amounting to 860,276 oz with a grade of 0.90 g/t Au and 2,579,813 oz with a grade of 6.65 g/t Ag.
Del Carmen is defined as an oxidized high-sulfidation epithermal system, hosted in volcanic and pyroclastic sequences assigned to the Upper Miocene, intruded by domes and phreatomagmatic breccias. Mineralization is found in breccias, dome margins, and northeast, northwest, and north-south structures. The area exhibits multiple zones with prospective potential: Rojo Grande and Chibolita, Cerro Amarillo, and satellite bodies such as Cárcavas, Brecha Oportuna, Brecha Límite, Brecha Sur, and Cresta de Gallo.