The Llahuin Copper Gold Moly Project is an advanced Copper-Gold-Moly deposit of currently 680,000t CuEq in the expansion phase.

⚒️ Latest ASX Release from Llahuin

The program aims to add to the endowment of Llahuin from the current 680kt CuEq resource ahead of a JORC resource update in H2 2025.

The drilling program is designed to delineate the deeper core of the large Cerro-Ferro porphyry deposits (+2km strike) to increase tonnes at higher grades to add to the copper endowment towards establishing economic parameters for mining studies.

One key target hole is an extension of DDLLA004 which was drilled in 2013 to 644m, and lines up to the target zone north of Cerro for a lower cost extension to ~1,200m depth.

3D view looking northeast from Southern Porphyry (SP) to Central Porphyry, showing the scale of the Llahuin mineralising system.

⚒️ Llahuin’s deposits are located close to the city of Illapel, in the Coquimbo Region, 250 kms north of Santiago in Chile, at an elevation of 1,300m, and 8km East of the large El Espino Copper-Gold mine development operated by Santiago listed copper producer Pucobre.

For the latest breakdown of the Llahuin Project – download the Company Presentation released in July 2024

⚒️ In April 2024, the Company released encouraging results of recent 3D Geochemical Footprint Modelling and 3D Drone Magnetic inversion modelling at Llahuin. With an update in July 2024, of resource upgrade work having commenced at Llahuin with a progress report on the large Copper targets.

Figure 1. 3D view showing geochemical footprint models thematically colour scaled from blue (moderate probability) through to reds and magentas (high probability). Drone magnetic inversion models are in silvery grey. Full details here.

⚒️ The drilling program carried out in late 2023 saw first round results (incl. 156m at 0.51% CuEq) in January 2024 and all remaining results (incl. 76m at 0.44% CuEq) from February 2024.

Drone View of the Llahuin Copper-Gold-Moly Project in Chile.

Table 1: Llahuin Total Measured and Indicated Resource JORC – 2013

Figure. Plan view, showing collar locations, surface geochemical anomalies, and target models (ASX Release 19 February 2024). Significant intercepts are shown in the Cerro-Ferro Link to demonstrate the exploration potential there.

Figure: Map of the Southern Porphyry greater target area (ASX Release 19 February 2024), showing the transition from copper dominated soil anomalies at Southern Porphyry, to gold dominated to the South.

Table 1: Llahuin Total Measured and Indicated Resource JORC – 2013

➕ Cerro-Ferro copper deposits link up (1.9km strike) = major growth zone. ➕ Scale comparison to the Kalgoorlie Super Pit.

The Company owns 100% of concessions covering approximately 14km².

For the latest on the Llahuin Project please see the news feed on this page.

The Llahuin Project, and surrounding prospects within the company’s tenure, have numerous targets to substantially grow the resources.

Initially concentrating at shallow levels, and then expand to economic depths.

Figure 3: Photo standing on Cerro looking South to Ferro of the advanced argillic alteration zone (approximately 300m wide)