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The Flint Project is a high-sulphidation epithermal gold silver project with an area of 2,200 Ha in La Libertad Province in northern Peru at elevations between 3000m in the south and 3800m in the north.  It is located in a globally significant metallogenic belt which has produced over 50Moz of Gold. 

Flint carries highly anomalous levels of trace elements from surface rock channel samples indicative of the upper levels of a high-sulphidation system. Local surface silica-alunite alteration, IP and NSAMT geophysics have provided a model that suggests that two epithermal systems exist separated by a central region with porphyry copper potential over a strike length of 4km.

It is 50km SW of the La Arena epithermal and porphyry mine where Zijin Mining Group plan to invest $1.5 billion to extend production for a further 20 years. The regional Capital, Trujillo, 70 km east in a direct line with a population of 1.1M provides a substantial workforce and industrial capacity. 

The project features a high-sulphidation epithermal Au and potentially Cu-Mo-Au exploration target covering a 4.7 km by 1.7 km zone of intensely acid sulphate-altered andesitic volcanics. It is adjacent to the San Pedro Cu-Mo porphyry prospect previously drilled by Penoles. Strong silicification and acid leaching suggest deep hydrothermal fluid activity and hydrothermal fluid dispersion patterns identified by epithermal and porphyry specialists suggest two principal fluid sources were feeding the system. Trace element geochemistry results are indicative of a preserved high sulphidation system at depth or the surface alteration from a deeper porphyry system. The strongest alteration and inferred mineralisation zone is towards the southern part of the project area, where quartz diorite porphyry samples have been identified in outcrop.

The +10km² scale of the Flint alteration system provides insight into the potential extents of buried mineralisation. Drill targets have been tested on the northern half of the licence area but less concentrated historic work has occurred on the southern half of the project. Geophysics modelling indicates the epithermal - porphyry system extends south of the area tested to date. Rock sampling and geophysics on the southern concessions of the project are warranted to produce an inclusive geological model and further refine future drill targets.