BLOCK 3 – CULEBRA

Block 3-Culebra is a large property block situated along the Domeyko Cordillera porphyry copper belt in northern Chile, which is host to some of the world’s largest copper deposits and mines. The property is located along a highly prolific segment of the Andean Cordillera, and is centred some 50 km to 60 km south-southwest of the giant La Escondida (BHP Billiton & Rio Tinto) copper mining district.

Location

Northern Chile, 170 Km SE of Antofagasta
Centred 50-60 km S-SW of the giant La Escondida Mining District (BHP Billiton & Rio Tinto)

Ownership

100% Revelo
On the Culebra portion only: 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

~ 29,400 Ha

Status

Available for Option & JV

Deposit Type

Porphyry Copper (+/- Mo)

Exploration Stage

Reconnaissance geological mapping and sampling, and wide-spaced shallow RC drilling in covered portions

Infrastructure

Dirt roads from Pan-American Highway 70 km to the west
Altitudes ranging from approximately 2,700 m to 3,800 m