Risk and valuation analysis of the Pampa de Pongo Project |
Status Risk : Brown exploration |
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Title(s) of the Pampa de Pongo Project |
| Cardero Resources Corp. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Cardero has acquired a 100% interest in the Pampa de Pongo project from Rio Tinto Mining and Exploration Ltd. ("RT"). |
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Location of the Pampa de Pongo Project |
PAMPA DE PONGO project totaling 15,300 Ha in the Marcona District, in southern Peru.
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History of the Pampa de Pongo Project |
Pampa de Pongo was discovered by RT in 1994 while drill-testing a large magnetic anomaly located about 30 km southeast of the Marcona Mine site. Follow-up drilling by Rio Tinto in 1995 and 1996 identified widespread magnetite mineralization hosted in more...
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Geology of the Pampa de Pongo Project |
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Preliminary drilling by Rio Tinto on the Pampa de Pongo project in 1995 and 1996 identified widespread magnetite mineralization hosted in sediments and volcanics of Lower Paleozoic and Mesozoic age. Mineralization occurs in a northwest-trending structural corridor that is approximately one kilometre in width and in excess of six kilometres long.
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