Los Amigos (Argentina) Project
Los Amigos (Argentina)
Country Argentina 
Surface 135 km² / 33,247 acres
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Explores for Gold - Silver -
Last updated on 12/9/2010 - Terms of Use
Risk and valuation analysis of the Los Amigos (Argentina) Project
Status Risk : Brown exploration
Country Risk : Moderate
Title(s) of the Los Amigos (Argentina) Project
Hochschild Mining
Joint venture: 51%
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Mariana Resources Ltd
Joint venture: 49%
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Under the terms of the agreement, Mariana and Hochschild will pool their respective properties into the JV. A US$2M exploration budget over a three year period will be 40% paid by Mariana and 60% by Hochschild, to confirm participating interests of 4 more...
Location of the Los Amigos (Argentina) Project
Los Amigos comprises three adjoining prospective gold-silver tenements totaling 13,455 hectares in the western sector of the Deseado Massif in Santa Cruz Province, southern Argentina. They consist of Mariana’s Amigos I and Amigos II and Hochschild’s San Augustin tenements, located 110km south of Hochschild’s producing gold-silver San Jose Mine.
Geology of the Los Amigos (Argentina) Project
The area contains well developed NW and NNW structures hosting vein breccias. Rock chip samples have returned anomalous precious metal values. Silicified lacustrine sediments indicate a palaeosurface and an intact epithermal system. Exploration potential therefore exists at depth for precious metal mineralization of low sulphidation epithermal type.
Data last updated on : 12/9/2009
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