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
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Adjacent to the La Zanja high sulphidation gold deposit
- 500,000 ounces of Au @ 0.9gpt, 3.8M ounces of Ag
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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.
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Five Main Mineralized Zones:
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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
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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
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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.
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Madeleine zone (0.4km by 0.5km)
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

