Otu
Location:
Colombia
Type of company:
Exploration
Contract:
Royalty
Terms:
3% NSR (LOM)
•40k hectares land package in one of the most attractive gold producing districts in Colombia.
•Regional exploration using geochemistry of stream sediments has identified three large anomalous areas for gold and gold pathfinders:
Highlights
– West Frontino Area: Large areas within less than 1km of GCM, Colombia’s largest gold producer, contains numerous veins with abandoned workings and artisanal miners. GCM titles have historically produced over 5 MM Oz Au.
– Santa Isabel Stock: Project B is related to the Santa Isabel granodiorite intrusive and the area has been an historic mining centre. The ground held covers most of the prospective area.
– El Tigre Area: Distal target to Santa Isabel Intrusive pluton. No past mining activity in the area. Geochemical results make the area a high priority exploration target.