Loro Gold-Silver

Loro is located in the heart of the highly productive Paleocene Mineral Belt in northern Chile that contains several important gold, silver and copper mines and projects. Indications of bonanza style, low-sulphidation, epithermal vein style gold and silver mineralisation occur on the property, which lies directly along geologic trend to the south of the prolific El Peñon gold-silver mining district, and east of Revelo’s Las Pampas project.

Location

Northern Chile, 140 km SE of Antofagasta
Centred 25 km S of El Peñon mine (Yamana Gold)

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

~ 4,800 Ha

Status

Subject to Option, Sale & Royalty Agreement with Chilean subsidiary of Hochschild PLC
Deposit Type
Low-Sulphidation, Epithermal Gold-Silver Veins

Exploration Stage

Early stage – geology, geochemistry & geophysics
Drilling planned
Infrastructure
Easy access – modest drive from Pan-American Highway
Modest altitude of approximately 1,900 m