Valle Hermoso

San Juan Province, Argentina

Location

The “Valle Hermoso” Project is located in the “Cordillera Frontal”, about 35km north of the “Los Azules” Project and 20km to south of “La Coipita” project. It is an area of 3,600 hectares of grassroot type, with potential for the discovery of “Porphyry Cu” deposit.

Valle Hermoso is located within the Central Chile segment (400 km-long) of the Mioceneearly Pliocene porphyry copper belt (6,000 km-long) of the north and Central Andes.

The figure shows Valle Hermoso in relation of the location of the major porphyry copper and related epithermal deposits, limits of the porphyry copper belt and permissive northwest-trending structural corridors that influence the location of mineralization along the porphyry belt. Porphyry copper deposits in this sub-belt are 12 to 4 Mya in age and include the world-class Los Pelambres (Cu-Mo), Rio Blanco-Los Bronces (Cu-Mo) and El Teniente (Cu-Mo) porphyry deposits, the Maricunga belt porphyries (Cu-Au) in Chile and El Pachón (Cu) and Bajo de la Alumbrera (Cu-Au) in Argentina, as well as numerous other porphyry and related deposits (Sillitoe and Perello, 2005).

Regional aereal magnetometry (RTP), showing a magnetic high in the southern part of “Valle Hermoso” claims, coincident with surface alteration

Hydrothermal alteration map (ASTER) in the main Valle Hermoso prospects

LA COIPITA Project (Abra Silver-Altius Resources)

The exploration history of La Coipita Project started with: Viceroy Resources (1995-1997), Vale S.A. (2007-2009), Teck Resources Ltd (2009-2016), Abra Silver (2020) and Teck Resources Ltd (2023-2024).

LA COIPITA Project

During the exploration works were identified different target areas, one of them is ADAN, shared with “Valle Hermoso” project.