Tierra de Oro Target Zones

The "Tierra de Oro" property, comprised of a large group of 20 exploitation concessions totalling 49.34 sq. km, is located 730 km north of Santiago on the western edge of the Pre-Cordillera. Since August 1996, exploration of the property by International PBX Ventures Limited through its wholly owned subsidiary, Minera IPBX Ltda, has resulted in the discovery of multiple large zones of gold-silver and copper-gold deposits.

 

 

The property overlies the north-easterly trending contact between the Sierra Chanchero granitic to dioritic intrusive complex and variable skarned, Chanarcillo and Hornitos andesitic volcanics and limy sediments. This contact is a major strikeslip fault that splays off the Atacama Fault zone. This latter fault is a regional structure hundreds of kilometres long, within and adjacent to which are a number of major gold, gold-silver and gold-copper deposits.