Ollague Project

Salar de Ollagüe Project is a series of mining concessions centered at 21° 11’ S and 68° 15’ W, with an average altitude of 3,700 m a.s.l. The concessions are located approximately 156 km north east of Calama in the Ollagüe salt flat, Ollagüe Municipality, El Loa Province, Antofagasta Region, Chile.

Salar de Ollagüe Project is a series of mining concessions centered at 21° 11’ S and 68° 15’ W, with an average altitude of 3,700 m a.s.l. The concessions are located approximately 156 km north east of Calama in the Ollagüe salt flat, Ollagüe Municipality, El Loa Province, Antofagasta Region, Chile.

Don Roberto 1 Exploitation Concession 144 HA
Don Roberto 2 Exploitation Concession 205 HA
Don Roberto 4 Exploitation Concession 250 HA
Don Roberto 5 Exploitation Concession 153 HA
Don Roberto 7 Exploitation Concession 7 HA
TOTAL 752 HA
Don Roberto 3 Exploitation Concession 195 HA
Don Roberto 6 Exploitation Concession 301 HA
TOTAL 496 HA
TOTAL AREA 1´255 HA

The TEM geophysical survey shows a Highly Conductive Geoelectric Unit with resistivity values below 2 Ohm-m and average value around 1 Ohm-m. It is observed in both profiles as the bottom layer with its roof appearing between 150 m to 250 m and bottom depth unknown. This unit is interpreted as “Volcano – Sedimentary Fill Saturated with Salt Water and/or Brine” and constitute the unit of interest for exploration. On Don Roberto concessions, a 3D model was built for this unit to quantify the exploration potential. The built model has an exploration potential volume of 2.6 Billion m3.

(*) This value corresponds to an exploration potential and constitute part of the Exploration Results. It is inappropriate for any reader to use this information for deriving estimate of tonnage and grade or quality.

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