Risk and valuation analysis of the Sinchao Project |
Status Risk : Advanced discovery |
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Title(s) of the Sinchao Project |
| Sinchao Metals Corp Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Sinchao Metals now owns 100% of the Sinchao Property. Four mineralized systems have been identified on the Sinchao Property: the Skarn Zone, the Breccia Zone, the High Sulphidation Epithermal Zone and the Massive Sulphide Lenses. |
| VanEck Vectors Global Alternative Energy ETF Owner: 58% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Sinchao Metals Corp., of which Andean American Mining Corp. owns 58%, was formed by Andean American in April 2006. Sinchao Metals now owns 100% of the Sinchao Property. |
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Location of the Sinchao Project |
The Sinchao property lies within the Yanacocha-Hualgayoc mining district in northern Peru and consists of four exploration rights (Valle de Sinchao 1 to 4) covering 1,300 hectares that overlie 19 mining concessions.
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History of the Sinchao Project |
The 1997 drill campaign consisted of 15 reverse circulation drill holes totaling 2,098 meters. The 1998 program was a reverse circulation 7 hole program totaling 1,174.5 meters and the second 1998 program was 10 diamond drill program totaling 5,176.5 meters.
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Geology of the Sinchao Project |
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Four mineralized systems have been identified on the Sinchao Property: the Skarn Zone, the Breccia Zone, the High Sulphidation Epithermal Zone and the Massive Sulphide Lenses. The Skarn Zone and the Breccia Zone each have the potential to host more than 500 million tonnes of mineralization, and have the possibility to host much more.
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