Fredito

Highlights

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• Located in southern Peru in Department of Puno
• Elevations from 4,300 to 4,600 m
• 5 claims covering 2,500 ha
• Road accessible from Puno
• Located in the same volcanic belt as:
  
  • La Rescatada mine
    1M oz @ 0.9 to 1.5gpt Au
  • Berenguela mine
    14MT @ 1.32% Cu, 130gpt Ag
• High sulphidation Ag-Au zone:
  • Extends over 1100m by 2000m
  • Silica-alunite alteration associated within domes, breccias
  • Coincident magnetic low and IP chargeability high geophysical anomaly in silica and silica-alunite alteration zone
  • Rock chip sampling:
    • 3.0 m @ 0.11 gpt Au & 373.24 gpt Ag (10.88 opt)
    • 2.0 m @ 284.91 gpt Ag (8.31 opt) & 1.21% Cu
    • 0.6 m @ 1.14 gpt Au & 99.84 gpt Ag
    • 1.0 m @ 0.57 gpt Au & 4.6 gpt Ag
• Low sulphidation Au-Ag-Pb - Fredito vein:
  • Traced for 1,740m
  • Historical underground workings
  • Fredito vein: 2.0m @ 0.2 gpt Au, 325.03 gpt Ag (9.48 opt Ag), 0.32% Cu & 0.13% Pb