In the Esperanza target during 2013 and 2014 there was intense production of mine through open pit, and processing plant, which consisted of storage, crushing, classification and magnetic concentration stages, with a nominal capacity of 2000 tph.
The project has IP, Magnetometry, and gravimetry, geological detail mapping, drilling, trenches, etc., and environmental, community and government permits ready to reactivate them. This information is duly reviewed in a Technical Report under JORC-Code standard.
The San Gabriel Project is located in the Atacama Desert, approximately 50 km northeast of Diego de Almagro town, and approximately 70 kms northeast of the port town of Chañaral. in the Atacama Region, Chile, South America. The center of the San Gabriel property is approximately 389,000E and 7,132,500N (datum: PSAD 56, Zone 19S). There are mining concessions, which covers a total of 1,100 hectares. There are several towns near the Project. Taltal and Diego de Almagro are close to the mine. Chañaral is a deep sea harbor less than one and a half hour driving to the southwest of the property. Chañaral has a population of about 12,500 people, hotel accommodation, food, fuel and minor services.