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

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  • Tartisan will acquire all of the issued and outstanding common shares of Canadian Arrow Mines Limited by way of a court-approved plan of arrangement
  • Tartisan would issue to Canadian Arrow Mines Limited shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow, resulting in the issuance of approximately 8,000,000 common shares of Tartisan

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 06-Nov-2017 10:36AM by AGORACOM