Blanca Gold-Silver Project

The Blanca Project is a partially drilled low sulphidation epithermal quartz vein system known as the Cruz Vein in the Department of Lambayeque, Ferrenafe Province, approximately 80 km NNE of Chiclayo in northern Peru at an altitude of 3400 m asl. It is located in a Cu-Au-Ag porphyry-epithermal metallogenic belt, which hosts the nearby (14 km away) Canariaco porphyry copper deposit held by Alta Copper and Rio Tinto’s La Granja porphyry copper deposit (36 km away).   

The Cruz Vein has been partially explored by Inca Pacific Resources Inc. with surface sampling in 1996 and 1997 and diamond drilling in 1997. Further trenching and rock sampling of the Cruz Vein occurred in 2010 and 2018.  The gold geochemistry of the outcropping vein is extended to a 3 km strike length from the combined sampling programs.  (Figure 1, Figure 2).

In the drilled area, trenching exposed the vein at surface, confirming vein continuity with surface widths of 2m to 11m and grades of between 2 g/t Au and 4.6 g/t Au (Figure 3).   Diamond drilling in 1997 comprised 18 diamond drill holes for 1,860 metres of drilling and focused on a limited section of 500m of the vein.