A highly conductive material, copper is primarily used for electrical wiring. Due to today’s increased use of electrical machinery and technology demand for copper has significantly grown. It is a key factor in the green revolution of energy that we are going through as it is enables the energy generated from the other power metals to flow through our devices. Currently copper is not being mined fast enough to meet the upcoming demand.

Wood Mackenzie predicts a 10 million tonne deficit by 2028.

Geology

The project area is located on the Archibarca lineament, a deep-seated, long-lived basement structure or anisotropy, which controls the localization of magmatism and, in some cases, magmatic hydrothermal ore deposits (e.g., the giant Escondida porphyry Cu deposit, Chile and multiple other in Argentina like Samenta, El Camino, Rio Grande, and Lindero).

To the south, another excellent example of subvolcanic intrusion related ore deposit controlled by such a lineament – the Culampajá lineament – hosts the accumulation of Porphyry copper deposits around Alumbrera, Agua Rica, Durazno, Agua Tapado, San Lucas, and Fino Colorado.

The area identified lies within a collapse caldera not recognisable from satellite imagery. The field relationships, the anomalies in Cu, Mo, Pb, Ag, Zn and As and the chemical associations suggest a copper Porphyry deposit with silicification and sericitization. Multiple prospectivity options exist: Two alteration centres prospective for large porphyry or High Sulfidation Epithermal deposits. Cu-Au and Cu-Ag veins are also expected in the area.