MORSAS-ORCA

Morsas & Orca comprise an extensive group of properties situated along the highly productive Coastal Mineral Belt in northern Chile which hosts numerous important iron, copper and gold mines and projects, including numerous “IOCG” (Iron-Oxide-Copper-Gold) type deposits and shear-zone hosted gold deposits. The properties are located along geologic trend and to the southwest of Lundin Mining’s Candelaria copper-gold mine.

Location

Northern Chile, 1 hours’ drive S of Copiapo or 1.5 hours’ drive N of Vallenar
Approximately 45 km SW of Candelaria Mine (Lundin)

Ownership

100% Revelo
Subject to 2% NSR Royalty on precious metals + 1% on base metals (50% buy-back option – to 1% precious metals + 0.5% base metals)

Property Size

~ 15,000 Ha
Status

Available for Option & JV

Deposit Type

IOCG Copper-Gold-Iron / Shear-Zone Gold

Exploration Stage

Early stage – reconnaissance

Infrastructure

Easy access – alongside Pan-American Highway
Low altitudes of approximately 250 m to 750 m