| Company | Halcones Precious Metals |
| Date | 2022-03-17 |
| Region | Region III, Chile |
| Commodities | Gold, Silver |
| Mine Type | N/A |
| Status | Exploration |
Executive Summary
This NI 43-101 Technical Report covers the Carachapampa Project in Chile, owned by Halcones Precious Metals. The project is currently in the exploration stage, with no recovery methods, infrastructure, or economic analysis considered at this time. The geological setting is characterized by Miocene dacitic flow-dome complexes and a structural corridor extending into the neighboring Nueva Esperanza property.
The project exhibits characteristics of a hydrothermal high sulfidation deposit, featuring propylitic to advanced argillic alteration and silicification. Mineralized veins up to 5cm wide carrying gold and silver have been identified. The exploration model suggests manto-type targets with potential metal content in the order of 100 Moz Ag Eq.
The Qualified Person recommends a two-phase exploration program to characterize targets and identify new ones in covered areas. Phase 1 involves geophysical surveys, trenching, and mapping with a budget of US$198,000. Phase 2, contingent on Phase 1 results, proposes 3,000m of diamond drilling with a budget of US$968,000.
Website: https://halconespreciousmetals.com/news/halcones-withdraws-from-option-to-acquire-the-carachapampa-project-in-chile
Report Date: 2022-03-17
Region: Region III, Chile
Project Status: Exploration
Commodity: Gold, Silver
Throughput:
Mine Life:
Mine Type: N/A
Ore type:
