Cerro Blanco Copper

LOCATION:
Cerro Blanco is located in northern Chile approximately 130 km southeast of the coastal port city of Antofagasta, and in a similar geological setting to, and approximately 200 km south-southwest of, the Spence (Hypogene Sulphide Measured + Indicated Resources of 1.32Bt @ 0.46%Cu + 0.015% Mo –2016 BHP Billiton) and Sierra Gorda (KGHM & Sumitomo) copper mines. The reader is cautioned that there is no evidence to date that a comparable mineral resource could be found at Cerro Blanco. The property is flanked to the southwest by Revelo’s low-sulphidation, epithermal gold-silver project at Las Pampas, and lies some 23 km southwest of Yamana Gold’s El Peñon gold-silver mine.

OWNERSHIP:
Cerro Blanco consists of about 8,100Ha of 100% owned tenement comprising both exploration and mining concessions. The property is subject to an underlying 1% NSR Royalty on production of all metals.

STATUS:
Revelo is actively looking for a partner to finance exploration of the Cerro Blanco property.

GEOLOGY AND DEPOSIT TYPE:
Cerro Blanco lies within the Paleocene volcanic belt of northern Chile that hosts some of the most important copper deposits in the country, such as Cerro Colorado (BHP Billiton), Spence (BHP Billiton), Sierra Gorda (KGHM&Sumitomo)andRelincho(Teck-Goldcorp). The property is also situated along trend and approximately23kmtothesouthwestoftheimportant El Peñon and Fortuna mines (Yamana Gold), which exploit a series of high-grade, low-sulphidation, epithermal gold and silver veins associated with the Dominador Fault Zone. Cerro Blanco (previously part of a consolidated property including Cerro Buenos Aires and Las Pampas, now carved out into separate projects) consists of a small hill displaying characteristics of the upper parts of a porphyry copper system, surrounded by extensive pampas filled with post-mineral gravels and mudflows.

HISTORICAL EXPLORATION:
Significant portions of the property are characterized by large, post-mineral, gravel-filled pampas, with the main outcrops located on the approximately 1 km diameter Cerro Blanco hill. Previous exploration activities to date have included geological mapping of outcropping areas; wide-spaced surface geochemical sampling surveys of colluvial deposits and soils (talus fines) across large parts of the property; minor rock chip sampling; Heli-borne magnetics survey and Heli-borne TEM survey; one short IP line; detailed spectral analysis of talus fines samples and drill chip samples for clay mineral mapping; and preliminary reconnaissance drill testing in two holes (632 m of reconnaissance RC drilling was completed in 2008 in the out cropping area). A NI 43-101 compliant Technical Report for the neighbouring Las Pampas project was completed in October 2014, and included information for the Cerro Blanco and Cerro Buenos Aires project areas (all originally part of the consolidated Las Pampas project). The report is filed on SEDAR and is posted on the Las Pampas project page of the Revelo website.