Metminco holds an interest in a portfolio of gold, copper and other base metal projects that are located within well-constrained metallogenic belts associated with the Andean Cordillera in Colombia and Chile. Metminco’s primary focus is the Quinchia and Andes Portfolios in Colombia, which are ~70km apart and located in Colombia’s Mid- Cauca copper/gold porphyry belt. The Quinchia Gold Portfolio, which is located in the Department of Risaralda, has JORC Mineral Resource (Measured, Indicated) of 0.84 million ounces of gold and Reserve of 0.547 million ounces of gold at Miraflores. The 10,500ha Quinchia Portfolio contains a number of gold deposits and significant exploration and development targets including Miraflores, Tesorito, Chuscal and Dosquebradas.
Metminco’s Andes Gold Portfolio consists of a 90% interest in ~85,000ha of tenements also within the Mid-Cauca belt, includes 3 granted titles. Only ~10% of the expansive portfolio has been systemically explored but has already delivered 12 vein type gold/silver targets and multiple gold/copper porphyry targets.
Mollacas, Loica and Vallecillo are Chilean projects on care and maintenance.