TRENTO PROJECT

Introduction

The Trento Project was born in 2010 with the constitution of mining concessions. Along with this, exploration works aimed at identifying geological resources in iron and in copper contents are started, given the terrain evidence for both cases. Subsequently, an exploration phase begins to identify the content of rare earth type chemical elements.

Iron and Copper Exploration Phase: 2010-2015. During this period, a geological cape will be sought, taking surface samples to evaluate the potential content of Iron and Copper. Trento is a Skarn deposit of iron, garnet, epidote and copper.

Rare Earth Exploration Phase: Period 2015-2019. Starting in 2015, a sequence of works aimed at identifying surface geochemical anomalies and then the geological potential in mineral resources with rare earth content and other elements began. Trento has a high potential to be a rare earth deposit with significant concentrations of uranium, nickel and cobalt.

History

Between the years 2010-2013, the process of reviewing the concessions began by means of indicative samples for iron content.

In 2014, the company “Exploraciones de Guanaco” carried out a geological and modified sampling of the geological resources of the Fe deposit. 17 surface samples were analyzed.

The results of this work allowed the recognition of an approximately annular strip of iron, forming a skarn of Iron Garnet, Epidote affecting a calcareous sequence, which towards the west of the mining concessions is instructed by microdiorite to diorite rocks with abundant iron.

In 2015 an indicative sampling work was carried out to identify the concentration of iron in the southern sector of the project. A multi-element analysis was performed and a rare earth geochemical anomaly, specifically Lanthanum, with a concentration of 576 ppm was detected. Along with Uranium and Cobalt.

In 2016, the investment was made to carry out a rare earth study. This basic geology study consists of taking 400 surface samples specifically located in areas with high iron content and phosphate levels. Microscopic and electron scanning studies were also studied.

The results identified the existence of two targets or targets with a high exploration potential in rare earths, uranium, nickel and cobalt. The rare earth geochemical anomalies show very high protein values ​​of some of the rare earth chemical elements as presented below.

  • 2015: A selective study was carried out with the XRD method in the laboratories of Universidad de Chile.
  • 2016: First campaign: a preliminary survey was carried out to collect the first 22 samples and identify the type of mineralization or alteration.
  • 2016 Second campaign: the project area was configured. New mineralized sectors were identified. The lithological units, the mineralization units and the alteration units were mapped at a 1: 1000 scale. A total of 38 samples were collected.
  • 2016: Third campaign: 165 samples were taken from a systematic mesh (purple points on the map).
  • 2016: Geolancel carried out a petrographic petrographic study of 3 samples.
  • 2016: Using a scanning electron microscope (SEM) and X-ray diffraction analysis (XRD), they detected a line of 1020 samples in Sernageomin laboratories (National Service of Geology and Mining, Chile).

 

 

REE World Reserves

According to estimations, the World Reserves of REE is around 520 million tons, distributed as follows: China (268 Mt), Australia (64 Mt), Rusia (62 Mt), Canadá (48 Mt) and Brasil (47Mt), ROW (31Mt)

In this scenario, Trento has 7.30% of the World Reserves, including Trento, with 41Mt.