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Anocarire Project

The Anocarire Project is located in the district of Putre, Province of Parinacota, Region I, Chile, approximately 120 km east of Arica and 60 km southeast of the town of Putre.

The exploration that has been conducted to date at Anocarire has generally defined a north-westerly trending structural zone which has defined the emplacement of the original partially eroded Tertiary stratovolcano and which has controlled the emplacement of the very high level, steam-heated (advanced argillic) alteration and coincident variously weakly anomalous mineralization. The steam heated zone is characterized by variably friable and porous to massive opaline silica, gypsum, jarosite, limonite, and weakly developed native sulfur, with flanking and/or below, zones of argillic and advanced argillic alteration including areas of quartz-(kaolinite) alunite. The north-westerly trending zone of the very high-level alteration is estimated to be approximately 900 m long by 600 m wide. The host rocks for the alteration/mineralization are considered to be andesitic volcanics.

Andina drilled two holes for the purpose of determining the nature of the geology underlying the widespread high sulphidation-type epithermal alteration system. Drill hole DAN-01, drilled to a depth of 286 metres, returned elevated gold values averaging 0.06 grams per tonne gold over the bottom 106 metres of the drill hole along with elevated barium and mercury values. Drill hole DAN-02, was lost at a depth of 117 metres as a result of poor ground conditions, however, anomalous gold values were obtained.

Previous to that, Homestake Mining collected a series of surface samples 1997 and Goldfields also did limited work (2004) taking 102 rock chip samples.

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