ChileThe Llamara Project is the first Chilean multi-element deposit composed of magnesium and lithium clays, plus potassium salts, strontium and other minerals destined mainly for the electromobility market and the production of photocatalytic green hydrogen.
The Project is located in the westernmost part of the lithium triangle, between the regions of Antofagasta and Tarapacá, at an average height of 850 meters above sea level and in the area with the highest solar radiation on the planet.
With over 50,000 Hectares, legaly manifested, with a complete NI43-101 Geological Study and drillings executed.
The Llamara Salt Flat is located 25 km west of the highway and 30 km from the Loa River, in the city of Iquique.
The project consists of 10 properties registered in the Pozo Almonte mining conservatory.
The prospect is made up of five exploitation concessions, covering a total area of 1,056 hectares.
• Isabella Prospect, located in the Alto del Buitre sector, Hualañé and Licantén communes, Curicó Province, Maule Region, Chile.
• The work carried out by the undersigned on the prospectus includes the review of the
existing literature, chemical analysis certificates, mining property records, verification of
mineralized structures in the field and geochemical sampling of mineralized sectors to verify the existence of
reported grades.
• From a geological point of view, the prospect can be classified as a deposit composed of veined gold and silver structures,
associated with intrusive rocks of Upper Paleozoic age belonging to the Coastal Range, the prospect can be classified as a low-sulfidation Isabella epithermal deposit.
• The Coastal Range is composed of a mixture of intrusives, metasediments and volcanic rocks
from the Upper Paleozoic to the Mesozoic, forming a strip of at least 60 km wide and
which extends from north to south along the western margin of the Coastal Range. Central Chile.
The mine is located in Cajón del Maipo, in the commune of San José de Maipo, 76 km from Santiago and north of the town of San Gabriel. It is part of the old Merceditas mining district, which produced silver in colonial times and later copper. At its peak, Minera Merceditas produced more than 40% of the copper produced in Chile.
The objective of this visit was to recognize the geology of the area, the mineralization and its extension along with the mining development. To date there is no mining activity and most of the works have partial access.
The UTM coordinates of the center of the mineralized area are N 6.258.200 – E 389.900 near the Volcán River.
