Illapel Copper Project
Manto type Stratabound deposit
Three mineral leases totalling
6,000 hectares
Drill Ready: Eight high potential target areas have been identified on the basis of geology, geochemistry, and geophysics
In close proximity to the El Espino mine, valued at US$380m, with annual production projected to be 26,000 mt/Cu and 13,000 oz/Au.
Illapel Highlights
Proximity to El Espino: Receiving an estimated value of US $380 million with annual expected production of 26,000 mt of fine copper and
13,000 oz of gold.1
Advanced brownfield Copper project in Choapa Province of Chile
- Proximity to major infrastructure, exploration sites are easily accessed by
- Road 223 km North of the capital city of Santiago de Chile
- Access to paved roads, a power grid, and a water supply
Permitted for exploration, rock sample grades show 1.39% Cu
- Regulatory Approvals in place for immediate project advancement
- Attractive copper, silver and gold grades enhancing economic viability
Vortex Metals will have a working interest on the remainder of the project with potential to expand the resource significantly
- Focus on exploration and discovery of a sizable and economical deposit
ROFR on Rio 27 Mine, with a current probable, indicated, and inferred resource of 6.2M tons source internal estimate (non 43-101 compliant)
Promising outlook for increased reserves and production capacity
Illapel Targets
Phase-1 drill targets identified
- Free of environmental issues
- 5 km from Central Transmission Line SIC
- Infrastructure, water access (30 minutes from Pan-American highway)
- Easy access to Water
- Low elevation: 1,500 m above sea level “Working condition, all year round”
