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El Arrayan Copper Project - Chile

Disseminated Oxidized Copper,

La Serena, Northern of Chile

EL ARRAYAN PROJECT 1
El Arrayan Property - Chile
Dissemination of oxidized copper
Dioritc Porphyry Cu-Au (Mo)

Location
The El Arrayan mining property
is located at the east border of
the Cordillera de la Costa range
of La Serena, IV Region of
Chile, 30 km to the Southeast of
La Serena (305,300E –
6,668,300N) and at an elevation
of 700 m. It is situated
approximately 350 kilometres
north of Santiago, near the
southern limit of the Atacama
Desert.
El Arrayan Project
The property can be accessed
from the city of La Serena,
traveling approx. 50 km (some
40 minutes) through the Route
41 route passing the Elqui Valley Andacollo Porphyry Cu,
and up to the neighbouring town Mine of - Teck
of La Villa, from where the
project area is easily accessed.

EL ARRAYAN PROJECT 2
El Arrayan Project - Chile Dissemination of oxidized copper

Resource estimate June, 2019 - El Arrayán Project


Prepared by: Marco Carrasco - Geologist-Geostatistics

Recursos Medidos Recursos Indicados Recursos Inferidos Recursos Totales


Cutoff Ton %Acum %CuT Var Ton %Acum %CuT Var Ton %Acum %CuT Var Ton %CuT
0.00 12,536,430 100 0.1559 0.2554 27,144,269 100 0.0793 0.1478 92,819,306 100 0.0391 0.0507 132,500,005 0.0584
0.10 2,831,875 22.5892 0.5506 0.2927 2,265,644 8.3467 0.5079 0.2355 2,751,591 2.9645 0.2043 0.2056 7,849,110 0.4169
0.20 2,491,615 19.875 0.6108 0.2592 1,969,735 7.2565 0.5683 0.1895 555,037 0.598 0.5597 0.2259 5,016,387 0.5885
0.30 2,468,104 19.6875 0.6139 0.2585 1,931,553 7.1159 0.5737 0.1873 542,656 0.5846 0.5657 0.2248 4,942,314 0.5929
0.40 2,078,088 16.5764 0.6625 0.2535 1,592,989 5.8686 0.6206 0.1729 403,436 0.4346 0.637 0.2192 4,074,513 0.6436
0.50 1,508,147 12.0301 0.7424 0.2548 1,099,538 4.0507 0.6945 0.1591 302,333 0.3257 0.694 0.226 2,910,018 0.7193
0.60 981,157 7.8264 0.8465 0.2614 734,580 2.7062 0.7682 0.1451 174,752 0.1883 0.8103 0.2358 1,890,489 0.8127
0.70 643,526 5.1332 0.9532 0.2659 453,298 1.67 0.8445 0.1356 97,562 0.1051 0.9448 0.2411 1,194,387 0.9113
0.80 419,442 3.3458 1.0634 0.2705 235,638 0.8681 0.9351 0.1324 58,915 0.0635 1.0732 0.2323 713,995 1.0219
0.90 278,907 2.2248 1.1722 0.2726 111,109 0.4093 1.0393 0.1259 41,510 0.0447 1.1682 0.2139 431,526 1.1376
1.00 182,002 1.4518 1.2924 0.268 55,883 0.2059 1.1322 0.116 27,030 0.0291 1.2887 0.168 264,915 1.2582
1.10 128,281 1.0233 1.3969 0.254 27,602 0.1017 1.2214 0.1036 22,938 0.0247 1.3339 0.14 178,822 1.3617
1.20 98,707 0.7874 1.4718 0.2435 13,292 0.049 1.3033 0.0923 19,165 0.0206 1.3731 0.1186 131,164 1.4403
1.30 73,585 0.587 1.5481 0.2374 5,830 0.0215 1.3868 0.0767 12,296 0.0132 1.4382 0.0988 91,711 1.5231
1.40 50,074 0.3994 1.6414 0.2349 1,993 0.0073 1.4699 0.0723 7,568 0.0082 1.4951 0.083 59,636 1.6171
1.50 32,669 0.2606 1.7472 0.228 403 0.0015 1.5936 0.0546 2,947 0.0032 1.5856 0.0484 36,019 1.7323
1.60 22,408 0.1787 1.84 0.2191 148 0.0005 1.6516 0.0264 594 0.0006 1.6675 0.0349 23,150 1.8344
1.70 15,073 0.1202 1.9333 0.2106 106 0.0001 1.737 0 15,179 1.9319
1.80 10,324 0.0824 2.0196 0.2018 10,324 2.0196
1.90 6,954 0.0555 2.1028 0.1971 6,954 2.1028

EL ARRAYAN PROJECT 3
El Arrayan Property - Chile
HIGHLIGHTS
 Different intrusives (some of them porphyry
copper type), intruding Quebrada Marquesa
Formation (mainly volcanic rocks), causing
strong hydrothermal alteration and
mineralization (Cu, Au + Mo).

 After a new campaign of 16 drillings was


estimates copper oxides resource of
5,000,000 ton @ 0.59%Cu (>90% Resources
Measured plus Indicated).

 Immediate vicinity of disseminated


mineralization, porphyry copper, including
grades > 0.5% Cu, +Au, +Ag, +Mo, of
Cretaceous age. El Arrayan Alteration Area

 Tenements 900 hectares, with high chances of


finding new targets type disseminated Cu and
porphyry copper.

 Mining project located 15 km from the large


scale mining operations Carmen de Andacollo
(Teck) and Dayton Mining Andacollo Gold
(Lachlam Star).
Andacollo Alteration Area
 Port Machining Coquimbo, located approx. 60 km Carmen de Andacollo Mine - Teck

4
El Arrayán Project - Chile
Dissemination of oxidized copper

Underground works sampling


at the La Laucha Mine, with
diseeminated CuOx.

This was worked by artisanal


mining (pirquineros), during the
90s.

EL ARRAYAN PROJECT 5
El Arrayán Project
Chile

Dissemination of
oxidized copper

Underground
works sampling
and drill hole
location.

La Laucha Mine

EL ARRAYAN PROJECT 6
El Arrayan Project - Chile
Dissemination of oxidized copper

Underground working labor sampling. La Laucha Mine

EL ARRAYAN PROJECT 7
El Arrayán Project - Chile
Dissemination of oxidized copper

El Arrayán Gallery

EL ARRAYAN PROJECT 8
El Arrayan Project - Chile Dissemination of oxidized copper

Drillholes and Geological Secctions - El Arrayan Project

EL ARRAYAN PROJECT 9
El Arrayan Project - Chile Dissemination of oxidized copper

Drillholes distribution
El Arrayan Project

EL ARRAYAN PROJECT 10
El Arrayan Project - Chile Dissemination of oxidized copper

Conceptualized Geological Model for Isoley


Generation 0.2% Cu, corresponds to central
feeder (vein) of NE orientation and
subvertical inclination to the NW and
“pseudo mantles” in general tendency NS
andesitic rocks and mantels of approx. 45 °
W. A type section (NE04) is shown in the
following figure:

EL ARRAYAN PROJECT 11
El Arrayan Project - Chile Dissemination of oxidized copper

Conceptualized Geological Model for Isoley


Generation 0.2% Cu, corresponds to central
feeder (vein) of NE orientation and subvertical
inclination to the NW and “pseudo mantles” in
general tendency NS andesitic rocks and mantels
of approx. 45 ° W. A type section (NE04) is shown
in the following figure:

EL ARRAYAN PROJECT 12
El Arrayan Project - Chile Dissemination of oxidized copper

Cu Grade Model, in the ore body - El Arrayán Project


Prepared by Marco Carrasco, Geologist-Geostatistics

EL ARRAYAN PROJECT 13
El Arrayán Project - Chile Dissemination of oxidized copper

Resource Categorization - Mineral Body

Resource Categorization
The categorization of resources is established with the distance of the variogram
scope of ore_type_mineral, 100 m, for this the DCER variable is used.
 Measured Resources - code 1 = 50% of the scope of the variogram, 25 m
 Indicated Resources - code 2 = 100% of the scope of the variogram, 50 m
 Inferred Resources - code 3 => 50 m

EL ARRAYAN PROJECT 14
El Arrayan Project - Chile Dissemination of oxidized copper

Resource estimate June, 2019 - El Arrayán Project


Prepared by Marco Carrasco, Geologist-Geostatistics

Recursos Medidos Recursos Indicados Recursos Inferidos Recursos Totales


Cutoff Ton %Acum %CuT Var Ton %Acum %CuT Var Ton %Acum %CuT Var Ton %CuT
0.00 12,536,430 100 0.1559 0.2554 27,144,269 100 0.0793 0.1478 92,819,306 100 0.0391 0.0507 132,500,005 0.0584
0.10 2,831,875 22.5892 0.5506 0.2927 2,265,644 8.3467 0.5079 0.2355 2,751,591 2.9645 0.2043 0.2056 7,849,110 0.4169
0.20 2,491,615 19.875 0.6108 0.2592 1,969,735 7.2565 0.5683 0.1895 555,037 0.598 0.5597 0.2259 5,016,387 0.5885
0.30 2,468,104 19.6875 0.6139 0.2585 1,931,553 7.1159 0.5737 0.1873 542,656 0.5846 0.5657 0.2248 4,942,314 0.5929
0.40 2,078,088 16.5764 0.6625 0.2535 1,592,989 5.8686 0.6206 0.1729 403,436 0.4346 0.637 0.2192 4,074,513 0.6436
0.50 1,508,147 12.0301 0.7424 0.2548 1,099,538 4.0507 0.6945 0.1591 302,333 0.3257 0.694 0.226 2,910,018 0.7193
0.60 981,157 7.8264 0.8465 0.2614 734,580 2.7062 0.7682 0.1451 174,752 0.1883 0.8103 0.2358 1,890,489 0.8127
0.70 643,526 5.1332 0.9532 0.2659 453,298 1.67 0.8445 0.1356 97,562 0.1051 0.9448 0.2411 1,194,387 0.9113
0.80 419,442 3.3458 1.0634 0.2705 235,638 0.8681 0.9351 0.1324 58,915 0.0635 1.0732 0.2323 713,995 1.0219
0.90 278,907 2.2248 1.1722 0.2726 111,109 0.4093 1.0393 0.1259 41,510 0.0447 1.1682 0.2139 431,526 1.1376
1.00 182,002 1.4518 1.2924 0.268 55,883 0.2059 1.1322 0.116 27,030 0.0291 1.2887 0.168 264,915 1.2582
1.10 128,281 1.0233 1.3969 0.254 27,602 0.1017 1.2214 0.1036 22,938 0.0247 1.3339 0.14 178,822 1.3617
1.20 98,707 0.7874 1.4718 0.2435 13,292 0.049 1.3033 0.0923 19,165 0.0206 1.3731 0.1186 131,164 1.4403
1.30 73,585 0.587 1.5481 0.2374 5,830 0.0215 1.3868 0.0767 12,296 0.0132 1.4382 0.0988 91,711 1.5231
1.40 50,074 0.3994 1.6414 0.2349 1,993 0.0073 1.4699 0.0723 7,568 0.0082 1.4951 0.083 59,636 1.6171
1.50 32,669 0.2606 1.7472 0.228 403 0.0015 1.5936 0.0546 2,947 0.0032 1.5856 0.0484 36,019 1.7323
1.60 22,408 0.1787 1.84 0.2191 148 0.0005 1.6516 0.0264 594 0.0006 1.6675 0.0349 23,150 1.8344
1.70 15,073 0.1202 1.9333 0.2106 106 0.0001 1.737 0 15,179 1.9319
1.80 10,324 0.0824 2.0196 0.2018 10,324 2.0196
1.90 6,954 0.0555 2.1028 0.1971 6,954 2.1028

EL ARRAYAN PROJECT 15
El Arrayan Property - Chile
Dissemination of oxidized copper
Dioritc Porphyry Cu-Au (Mo)

Mining Property
Extensive tenements > 20,000 hc San Jorge 4

Tenement Name Rol Hectare


San Jorge 4, 1 al 60 04105 - 1735-3 300 Susan 2
Susan 2, 1 al 49 04105 - 2033-8 180
San Alfonso 4, 1 al 50 04105 - 1741-8 242
Susan 4, 1 al 12 04105 - 2035-4 36
San José 3, 1 al 54 04105 - 1739-6 241
Total hectares 999

The El Arrayan tenements is protected by the constituted 5 Reserva 1/14


mining exploitation concessions (mensuras), totalling 900
hectares (9 km2). The owner is the Sociedad Contractual
Minera El Arrayán. The tenements can be checked at the
website http://catastro.sernageomin.cl/. San José 3

Significant evidence exists of copper oxide-gold-silver in San Alfonso 4


disseminated OxCu, Pcu-Au-Mo vein systems. The area
has a history of artisanal mining extracting shallow high Susan 4
grade mineralisation, and a number of old workings can be
observed, some of which remain abandoned and without
the benefit of systematic exploration works.

EL ARRAYAN PROJECT 16
El Arrayan Project - Chile
Metallogeny
The geology of the El Arrayan tenement is dominated by
Cretaceous volcanic centres, composed of mafic-intermediate
volcanic flows, intruded by an intrusive complex of kilometric
dimensions which allows defining it as a batholith, monzodiorite
composition, and equigranular texture. This intrusive complex
seems to grade to edges of porphyrytic textures and to emplace in
andesitic composition volcanic country rocks with fine porphyries
textures.

The area has been the subject of very little exploration to date.
However, it presents varied mineral systems such as mesothermal
and epithermal veins systems of Au, Cu; Disseminated
El Arrayan Project
mineralization, copper oxides (stratabound?), Mineralized
hydrothermal breccias; And porphyry copper with high content of
gold and molybdenum, much of this PCu deposit is on third party
land.

Copper disseminated style mineralisation at El Arrayan is probably


related to the Cretaceous belt, also including porphyry Cu-Au-Mo,
stratabound Cu-Ag mineralisation, and many vein systems with Cu-
Au-Ag. (See left figure).

EL ARRAYAN PROJECT 17
El Arrayan Property - Chile

E306,000

E308,000
E304,000

E310,000
The following main alteration-mineralization
events in El Arrayán District are recognized:

Albite-chlorite association: It is
characterized by the pale-hard rocks with
pink tones and the development of intense
chloritization in form of brecciation where
N6,668,000 fragments are bleached probably due to
some albitization process. These zones are
developing through

Chlorite-sericite-pyrite association: It is
the more extended event in the district and to
which the main molybdenum anomalies are
N6,666,000 associated. Supergene effects have over
imposed clay-jarosite-goethita zone
formations.

Specularite-sericite-pyrite association:
Concurs like parallel vein systems mainly in
the margins of the batholith. The greater
values of gold are associated to this type of
N6,664,000 associations. Main examples of this
development are Ines Vein and Farellón Vein
that grading in to calcite veins toward its
terminal end (Figure 4).

Quartz veinlet and veins: Displaying central


suture they are located restricted and much
subordinated in the northwest side of the
N6,662,000 batholith. Their have NNE strike directions
Aster Satellite Photography and seem to canalize the latest specularite
events.

EL ARRAYAN PROJECT 18
El Arrayan Project - Chile

E310,000
E300,000
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)
DISTRICT GEOLOGY
LEGEND

Old alluvial deposits (Miocenoe-Pleistocene)

Quebrada Marquesa Formation (Early Hautian-Albian)


1 Superior Member: Continental Volcanic Sequence.
(a) Ferruginous pyroxene-amphibole andesites, intercalations of tufts.
N6,670,000 (b) Cineritic welded tufts, and andestic lithics.
(c) Tobas, fine conglomerates, and autoclastic andesites.
(d) Evaporate levels with gypsum.
1 Lower Member: Continental Sequence with Marine Interleaves:
(a) Breccia of thick tufts
(b) Tuffs, andesites, and lapilli tufts.
(c) Calcareous sandstone, marine, alternation of bioclastic limestones.
(d) Fine limestones (mudstones), and lacustrine sandstones.
(e) Andesitic volcanic breccias, lytic tuffs, lapilli tufts, and olivine basalts.

Hypabisals intrusives, andesitics to dacitics (83-76 Ma)


(a) Pyroxene andesitic porphyry, amphibole andesites, and pyroxene
and olivine dioritic porphyry.

Intrusive monzonitic and dioritic (97-93 Ma)


(c) Amphibole, biotite and pyroxene quartziferous monzodiorites
(d) Amphibole-pyroxene diorites

N6,660,000 Cerro El Chivato Intrusive Complex. (103 ma). Granodiorite,


hypabisal andesitic porphyries, diorites, and microdiorites.

Dioritic Porphyry and Hydrothermal Breccia. With intense


stockwork of quartz-Cpy-Py-Bn (vein type B), and Calcite-Cpy-Py.
Also fine dissemination of Cpy-Py and Magnetite

Copper oxides disseminated in Andesitic Porphyry.

EL ARRAYAN PROJECT 19
El Arrayan Project - Chile
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)
Reserve Mining Area.

Dioritic Porphyry and Hydrothermal Breccia. With intense stockwork of


quartz-Cpy-Py-Bn (vein type B), and Calcite-Cpy-Py. Also fine dissemination of
Cpy-Py and Magnetite

Surface samples results


Id. Au Cu As Ca Co Cu Fe K Mg Mn Mo Na P Pb S Sb Te Zn
Muestra (g/T) (%) ppm % ppm ppm % % % ppm ppm % ppm ppm % ppm ppm ppm
La Brecha 0,06 0,409 8 0,99 27 4147 5,56 1,46 0,91 510 3 >5.00 879 26 0,08 7 <10 51

MUESTREO INTERIOR MINA


LAR-001 0,02 0,097 8 0,52 30 1050 5,30 0,55 0,96 518 3 >5.00 793 19 0,08 7 11 23
9 0,63 49 1069 5,25 0,51 0,75 408 5 >5.00 696 15 0,06 6 <10 24
Area Mina subterránea (sulfuros)
LAR-002 0,14 0,100
LAR-003 0,05 0,044 6 1,03 44 457 5,04 0,72 1,05 437 4 >5.00 723 25 0,07 <5 11 29 0.55%Cu (DRX-G) + Au
LAR-004 0,02 0,033 7 1,71 25 377 4,74 0,91 1,00 556 4 >5.00 762 21 0,08 6 12 45
LAR-005 0,02 0,102 6 1,46 22 1040 6,17 1,46 1,34 506 4 >5.00 843 29 0,09 <5 11 56
LAR-006 0,49 0,446 20 1,23 31 4460 4,75 0,95 0,29 2169 13 0,89 426 34 0,18 10 <10 60
LAR-007 0,07 0,295 <5 0,30 26 2931 7,07 0,35 0,85 472 7 4,92 810 28 0,07 <5 12 40
LAR-008 0,02 0,140 <5 2,07 27 1392 8,73 0,89 1,69 522 <2 >5.00 804 27 0,08 7 15 35
LR-001 0,38 0,967 10 11,41 12 9215 3,26 0,33 0,43 556 3 3,37 438 38 0,13 6 <10 20

MUESTREO SUPERFICIE
LR-002 0,39 0,678 11 2,76 26 6389 3,20 0,42 0,33 401 7 4,05 717 33 0,10 5 <10 12
LR-003 0,86 0,028 6 8,26 36 261 6,59 2,27 2,79 2169 2 3,48 847 31 0,31 6 15 76
LR-004 0,48 0,691 10 8,82 24 6151 8,34 0,46 0,91 681 11 2,53 531 25 0,87 8 15 28
LR-005 0,03 0,352 8 0,82 24 3073 5,43 1,12 0,93 455 7 >5.00 810 38 0,07 7 13 49
LR-006 0,16 1,073 6 0,81 46>10000 11,62 0,27 2,18 1059 2 >5.00 898 67 0,10 9 18 41
LR-007 0,91 0,605 9 4,58 26 5752 3,10 0,93 0,52 999 8 2,03 499 57 0,08 6 <10 21
LR-008 0,05 0,017 7 1,19 14 182 3,51 4,13 0,78 612 3 2,43 1001 23 0,09 8 13 24

0 250 500 750 1000 m

EL ARRAYAN PROJECT 20
El Arrayan Project - Chile
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)

Photograph showing
subterranean work of local
pirquineros. The rock is
fertile Diorite Porphyry
(possibly gabbro?). With
potassium alteration, with
anhedral secondary biotite,
with fine disseminated
magnetite and magnetite
veins and secondary biotite,
with sulphides (Cpy, Py). The
rock presents strong veinlets
system of Qz with sulphides
(Cpy, Py, Bn, traces Mo). Late
calcite stalks with Cpy-Py,
which cut the streaks of Qz
and sulfide dissemination.

EL ARRAYAN PROJECT 21
El Arrayan Project - Chile
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)

Qz veins with sulfur (B-


type), with Py-Cpy and
traces of Bn and Mo.

K feldspar vein

Quartz and calcite veins with sulfides (B-type), with Py-Cpy


and traces of Bn and Mo. Strong disseminated Py-Cpy

EL ARRAYAN PROJECT 22
El Arrayan Project - Chile
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)

Strong disseminated (fine and coarse) Py-Cpy, in dioritic porphyry

EL ARRAYAN PROJECT 23
MAJOR STRENGTHS: El Arrayan Project - Chile
 Lithology: Andesitic Porphyry (Hypabisal). (Right)
 Size of alteration: > 10 km long (>35 km2) (Right)
 Alteration Age: Upper Cretaceous (Right)
 Structural control: Strong structural control NS and NW (Rigth)
 Alteration: Potásica - Clorita - Sericita, + Epidota (Right).
 Geochemistry: High and economic Cu grades. (Right).
 Type ore body: Dissemination of oxidized copper and Dioritic Porphyry Cu-Au (Mo). (Right).
 Exploration: High possibility of new mineral discoveries. (Right).
 Ton and Cu Grade: In diss CuOx. 5,500,000 @ 0,59%Cu, Cutoff 0.2 (Right).
 Ton and Cu Grade: In Dioritic P. >>150,000,000 @ 0,5%Cu, 0.25 g/t Au (Right).
 Overburden: Shallow deposit, mostly outcropping (Right).
 Ore body: Fully open to the northeast and northwest (Right).
 Weather: Semiarid area, with low rainfall, average height 650 m.osl. (Right).
 Water: Area with ground water less than 20m. (Right).
 Metallurgy: Low in Contaminants, low content of clay minerals.
 Carbonates, few or nonexistent. (Right).
 Only oxidized copper minerals and scarce calcosine, without sulphides. (Right).
 Location 1: The El Arrayan Project is 15 km to NNE from Andacollo Mine Porphyry Cu-Au-Mo of Teck
 Near Teck and Rendic metallurgical plant (Right).
 Near to La Serena and Coquimbo cities, 400,000 population, good logistics. (Km) (Right).
 Close to mechanized port of Coquimbo (Km) (Right).
MAJOR WEAKNESSES:
 Few drill holes at present
 Limited use of modern exploration technology in the area

EL ARRAYAN PROJECT 24
El Arrayan Project - Chile
Dissemination of oxidized copper - Porphyry Cu-Au-Mo

Conclusion

 After a new campaign of 16 drillings was estimates copper oxides resource of


5,000,000 ton @ 0.59%Cu (>90% Resources Measured plus Indicated). The
widely disseminated economic mineralization of copper oxides can be observed
in underground work. This mineral body is open to the SE and NW

 There is sufficient evidence on surface and underground mining work that the
Cu-Au (Mo) mineralization on the South side of the El Arrayán Project area,
known as Target Reserve, is arranged in a disseminated manner and in a
veinlet system, in a diorite porphyry, And / or hydrothermal breccia, with high
magnetite content. According to the upwelling, it is possible to estimate a
potential higher than 150 million tons with an average grade of 0.5% Cu + 0.25
g / t Au.

EL ARRAYAN PROJECT 25
ANNEXES

EL ARRAYAN PROJECT 26
El Arrayan Property - Chile
Dioritic Porphyry and Hydrothermal Breccia Cu-Au (Mo)

Mining District

El Arrayan Area. Sector


muy poco explorado y
con varios trabajos de
pirquineros que no se
reflejan en estudios de
Sernageomin.

EL ARRAYAN PROJECT 27
El Arrayan Property - Chile
Andacollo Porphyry Cu-Au-Mo, Teck

Carmen de Andacollo Mine


Porphyry Cu-Au-Mo - Teck
This Porphyry Cu-Au-Mo, has more than
30 years of production on an industrial
scale, where all the oxides and secondary
enrichment zone have already been
extracted. Mining of the deep hypogene
mineralization has now commenced.
Carmen de Andacollo - It is a large scale
open pit mining operation producing copper
in concentrates from the hypogene portion
of the orebody. Copper cathode production
from the supergene portion of the orebody
is currently approaching completion.

EL ARRAYAN PROJECT 28
El Arrayan Project - Chile

Geological Section showing lithology in final Carmen de Andacollo open pit.

EL ARRAYAN PROJECT 29
El Arrayan Project - Chile

Minera Carmen de
Andacollo, of Teck reported in
2010 more than 600 million
tons of ore mainly hypogeno:

Considering the historical mineral already treated or benefited, with the oxides and zone of enrichment, the
resources should tend to approximately 1 billon of tons, and with greater Cu grade, because that mineral
was of the zone of enrichment of oxides, mixed, and secondary enrichment.

EL ARRAYAN PROJECT 30
El Arrayan Project - Chile

Current mining operations in Carmen de Andacollo

EL ARRAYAN PROJECT 31
El Arrayan Project - Chile
Dissemination of oxidized copper

Puerto de Coquimbo La Serena City

Heap Leaching in
El Arrayan Project

Heap Leaching in
Carmen de Andacollo, Teck

Strategic location of El Arrayan in relation to mining operations at Teck’s Carmen de Andacollo

EL ARRAYAN PROJECT 32

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