Creating Value Through Delineation of Base and Precious Metal Resources in Peru

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Tartisan Resources Corp. Profile

Recently completed the acquisition of the Ichuña Copper-Silver property located in the Department of Moquegua in Southern Peru as well as Don Pancho Polymetallic Property in Huaral, Peru

Investment Highlights

  • 100% stake in the Don Pancho Zn-Pb-Ag project located in the Central Peru Polymetallic Belt with US$1.5M spent including 2,020m of diamond drilling and untested targets
  • 20% equity interest in Eloro Resources Ltd. which owns a 100% stake in the drill ready La Victoria Au-Ag project located in a gold belt that includes Pierina and Lagunas Norte
  • 100% stake in the Ichuña Cu-Ag Project located in a reemerging mining camp with exploration upside on an untested geophysical anomaly
  • Properties well located in an established mining country with high geological potential (only 1.34% of the country registers mining activity)

Don Pancho Zn-Pb-Ag Project

  • Excellent infrastructure: access via Lima by mostly asphalted roads, located 6 km east of the 15MW Tingo Hydroelectric Plant, and 9km west of Trevali Mining Corp.’s Santander Zn-Pb-Ag Mine
  • Exploration Targets Remain Open: 6 drillholes, interescted polymetallic mineralization (best intercept 4.4% Zn, 3.3% Pb, 61 g/t Ag over 1.15m) •
  • Carbonate Replacement Deposit model, drill program in design to test structural controls of mineralization at angles to previous drilling
  • Contracted GEADES Consulting SAC “GEADES”, a company specializing in Social and Environmental Studies to prepare all documents necessary to complete an environmental impact assessment (DIA) report
  • Company will submit the DIA Report to the Ministry of Energy and Mines in Peru in order to obtain a drill permit. The Company will initially apply for a permit allowing for the construction of up to 20 drill pads and an exploration adit of up to 50 metres.

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La Victoria Au-Ag Project

  • Tartisan 20% equity interest through owning 6M shares, 3M warrants @ C$0.40, and 2% net smelter royalty with a 1% buyback for US$3M of Eloro Resources Ltd. (TSX.V: ELO)
  • Cott Oil can earn 25% of La Victoria from Eloro by spending C$5m before taxes
  • 8,000ha property package located in a gold belt that includes Pierina, Lagunas Norte/Alto Chicama, La Arena, and Sta. Rosa that are large, low cost gold producers
  • Excellent infrastructure: with easy road access, abundant water, and an industrial power corridor 4.3km from the site
  • Recently completed ground work including deposit scale mapping, infill geophysics, and regional sampling to qualify previously reported exploration results as relevant to bulk tonnage, heap leachable deposit exploration model
  • La Victoria is Exploration Drill Ready and has never been drilled

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Ichuña Cu-Ag Project

  • 100% stake subject to a 2% NSR with a 1% buyback for US$0.5M
  • 1,000ha concession located in the Southern Peru Au-Ag Epithermal Belt •
  • Contiguous with Buenaventura’s San Gabriel Project and less than 3km north of the recently discovered San Gabriel Au deposit
  • Easy acces via road bisecting the property
  • Buenaventura’s San Gabriel Deposit discovery hole drilled a blind induced polarization geophysical target
  • Ichuña Project geophysical target represented by coincident chargeabilty, resistivity, and magnetic susceptibility anomaly
  • Exploration Targets Remain Open: 7 previous drillholes did not investigate the Ichuña geophysical anomaly
  • Surface exploration program in design to enhance the surface expression of the geophysical anomaly and delineate drill targets

Last changed at 27-Jul-2017 03:24PM by AGORACOM