The exploration programs to date at Cerro Moly outline a mineralized area of approximately 900,000 m² and a vertical range of about 600m. At the average specific gravity of 2.6 measured by Placer this translates into a possible target of 1.4 billion tonnes. Considerable drilling will have to be done to establish the grade of this potential target block.
A 15,000 metre drill program is currently underway on the Cerro-Moly Molybdenum zone.