Introduction
The 2700-hectare Jama epithermal Au-Ag project is situated in the mining-friendly province of Jujuy in northern Argentina, beside the paved international highway #52 connecting Argentina and Chile some 400 km northwest of the city of Salta and approximately 55km from the Chilean border at Paso de Jama.
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At elevations ranging from 3900 to 4200m above sea level, the Jama project covers a large 4 sq km bulk tonnage gold-silver target underlain by Tertiary dacite intrusive and andesites within Ordovician sediments.
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To date, several breccias, possibly structurally controlled, have been identified on the property. These include intense argillic and advanced argillic (quartz-kaolinite and quartz-alunite) alteration zones with abundant vuggy and granular silica.
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The argillic and advanced argillic alteration at Jama trends NNE-SSW and may be structurally controlled, with jarosite-goethite limonites and jasper-chalcedony.
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Previous sampling by Fabricaciones Militares (the government armed forces) and the local Jujuy provincial geological survey in the 1980s and 1990s returned anomalous gold values of 1.0, 2.0, and 3.2 g/t Au and 8 to 110 g/t Ag.
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The Jama high sulphidation epithermal Au-Ag target has never undergone modern-day exploration nor been drill-tested. Based on the location, geology, and previously limited sampling, it is considered to be an attractive bulk tonnage precious metals target.



