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  3. Mineral Resource Data System (MRDS)

El Poposa

Prospect in San Juan, Argentina with commodities Copper, Gold, Silver
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Sections on this page
  1. Identification information
  2. Geographic coordinates
  3. Site location context
  4. Geographic areas
  5. Commodities
  6. Nearby scientific data
  7. Economic information about the deposit and operations
  8. Mining district
  9. Mineral rights holdings
  10. Ownership information
  11. Links to other databases
  12. Bibliographic references
  13. General comments
  14. Reporter information

Geologic information

Identification information

Deposit ID 10182411
MAS/MILS ID 3570330005
Record type Site
Current site name El Poposa

Geographic coordinates

Geographic coordinates: -69.6995, -30.49776 (WGS84)
Elevation 4500
Location accuracy 10000(meters)

Site location context

Political divisions (FIPS codes)

San Juan(province)

Argentina(country)

South America(continent)

Land(continent)

Geographic areas

Country State
Argentina San Juan

Commodities

Commodity Importance
Copper Tertiary
Gold Primary
Silver Tertiary

Nearby scientific data

(1) -69.6995, -30.49776
ListMap

Economic information

Economic information about the deposit and operations

Development status Prospect
Commodity type Metallic
Significant No
Discovery year 1993

Comments on exploration

  • ARGENTINA GOLD IDENTIFIED SEVERAL ALTERATION ALONES ALONG A NW TRENDING FAULT ZONE IN 1993. POPOSA IS A LARGE CALDERA STRUCTURE. BY EARLY 1995, 27 KM OF TRENCHES HAVE BEEN EXCAVATED AND 6,200 SAMPLES COLLECTED AT 2, 3, OR 5 M. FIVE TARGETS THEREFROM CONTAIN GRADES OF 0.5 TO 150 G/MT GOLD, PLUS SOME HIGH SILVER AND SOME ANOMALOUS COPPER ASSAYS. IN THE 1994-95 EXPLORATION SEASON, 11 DRILL HOLES TESTED FOUR COPPER-GOLD TARGETS. ONE HOLE SHOWED 10.38 G/MT GOLD AND 0.39% CU OVER 6.2 M. THE SAME HOLE, OVER 1 M, SHOWED 50 G/MT AND 0.3% CU. OTHER HOLES WERE CONSIDERABLY WEAKER. MORE INFO ON TRENCHING RESULTS IN NORTHERN MINER, 6/26/95, P B15.

Mining district

District name El Indio Tertia

Mineral rights holdings

Type of mineral rights Other

Ownership information

  • Type Owner-Operator
    Owner Argentina Gold
    Interest 100
    Home office Canada
    Year 1995
    First year 1993

Comments on the ownership information

  • THE PROPERTY WAS OPTIONED FORM LOCAL ARGENTINE ENTREPRENEURS FOR SMALL MONTHLY CASH PAYMENTS PLUS A 2% NET SMELTER RETURN ROYALTY, WHICH CAN BE REDUCED TO 1% THROUGH A US$1 MILLION CASH PAYMENT. TOO, A PRPERTY PAYMENT OF US$1 MILLION IS DUE AFTER 4 YEARS (1997?). ABOUT US$2 MILLION HAS BEEN SPENT TO DATE (2/95).

Reference information

Bibliographic references

  • Deposit

    NORTHERN MINER, JUN 26, 2995, P B15

  • Deposit

    NORTHERN MINER, FEB 20, 1995, P 1-2

General comments

Subject category Comment text
Deposit 15 KM FROM CHILE

Reporter information

Type Date Name Affiliation Comment
Reporter 13-MAY-1997 Clarke, Donald U.S. Bureau of Mines

Beyond USGS

Supplemental information added by qvyshift.com. Not part of the original USGS MRDS record.

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