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Peru

Picota

Highlights

  • Located in northern Peru in the Department of Cajamarca
  • Elevations from 2,200 to 3,250 m
  • 5 claims covering 3,782 ha
  • Road accessible from Cajamarca
  • Property is under explored
  • Adjacent to the La Zanja high sulphidation gold deposit
    • 500,000 ounces of Au @ 0.9gpt, 3.8M ounces of Ag
  • Located 12km from the Tantahuatay porphyry deposit:
    • 24MT @ 0.84 gpt Au & 8.9gpt Ag (in oxide zone)
    • 250MT @ 0.31 gpt Au (in sulphide zone)
  • Extensive argillic, advanced argillic, and quartz-sericite alteration covering 3 x 6 km.
  • Five Main Mineralized Zones:
    • Madeleine zone (0.4km by 0.5km)
      2.50 m @ 2.6 gpt Au
      1.80 m @ 2.5 gpt Au & 2.6 gpt Ag
      0.85 m @ 1.85 gpt Au & 56.0 gpt Ag
      2.0x3.0m @ 0.81 gpt Au & 85.8 gpt Ag
    • Consuelo zone (0.5km by 0.5 km)
      4.0m @ 0.6 gpt Au & 2.0 gpt Ag
      0.8x0.5m @ 0.3 gpt Au & 17.0 gpt Ag
    • Gloria zone (0.5km by 1.0km)
      1.5m @ 0.33 gpt Au & 80.9 gpt Ag
      1.5m @ 0.26 gpt Au & 130.6 g pt Ag & 0.23% Pb
      0.8m @ 1.10 gpt Au
    • Brujitas and Cerro Las Cruces zones with strong geochemical signature indicative of the upper part of an epithermal system.

Upcoming Work Program

  • Mapping, geochemical sampling and geophysical surveys to delineate drill targets
  • Soil and rock geochemical sampling and ground magnetic and induced polarization (IP) geophysical surveys
  • Drill test geochemical and geophysical targets of significance