ALMENDRO

The Almendro claims are located nearby to the city of Angol and slightly south of the MittiMitti concessions. Almendro comprises of four exploration concessions, totalling 1,800 hectares. The claims cover an area which returned extremely strong responses for phyllic alteration and hematite mineralization, whilst on the margins of this geologic system, in particular to the northwest, is a strong carbonate and weak silica response, which could possibly indicate a propyllitic halo.

Location and Accessibility

The Almendro concessions are located 15 kilometres north of the city of Angol and 20 kilometres south of the town of Nacimiento. A good system of primary roads, connecting Concepcion and Angol, passes to the east of the property, which is skirted by secondary roads.

Topography, Vegetation and Climate

The exploration concessions overlie rolling hills that range in elevation from 100 to 500 metres. The hills are drained by local streams that ultimately reach the River Vergara, a tributary of the River Bio Bio. The district is dominated by a logging industry, which results in a patchwork of clear-cut and reforested areas, as seen in the photograph below. The climate is moderate due to the effect of the ocean, whilst rain is a common occurrence, particularly in winter.

District Geology

The area is mapped as being underlain by undifferentiated granitoids of the Coastal Batholith. Within this unit there are favourable peraluminous granites. The SERNAGEOMIN mapping shows areas of Devonian to Carboniferous meta-sediments within the batholith. These are possibly roof pendants, which might indicate that the intrusives in this area formed at a high level in the batholith and could therefore be good potential hosts for hydrothermal systems.