- Located in the Navidad-Calcatreau Mining District, Argentina
- An under explored district hosting one of the largest silver deposits in the world
- In the SW of Rio Negro Province ~30 km N of the border with Chubut Province
- Comprised by 3 cateos (Prospecting Licences) selected to cover key stratigraphic and structural elements associated with the newly-discovered Navidad-Calcatreau mining district.
- Argentinian team includes first-hand participation in the discovery of the Navidad Silver Deposit (M&I: 632M Oz Ag contained in 155.2 Mt @ 127 g/t Ag, 0.85% Pb, 0.05% Cu, 150 g/t AgEq)
- Permits have been obtained to conduct initial geological, prospecting and geochemical sampling with work is commencing May 2021
- Accessed by high quality and well maintained paved and gravel roads
Geology
- Located on the southwest edge of the Somuncura (Nordpatagonico) Massif in the Patagonia area of southern Argentina.
- This boundary of the massif is coincident with the “Gastre Fault System”, a long-lived mega-structural feature.
- Target stratigraphy is at the contact area between the Jurassic Taquetren Formation and the overlying sediments
- Observed elevated pathfinders of Barium and Silver in soil geochemistry with similar signature to Navidad discovery.