Chorillos Project

    • Chorillos Silver Project consists of 2 separate properties located in southern Bolivia approximately 15 km and 20 km south of Eloro Resources Iska Iska silver-polymetallic discovery
    • Cartier Silver’s 98%-own Bolivian Subsidiary, Mineral Cartier Bolivia S.R.L. has the right to acquire a 100% interest in the Chorillos Silver Project by making staged payments totalling US$4.5 million to the vendors and title holders over 5 years
    • Properties have no royalties and no set exploration expenditures
    • Neither property has ever been drilled


    • Southern Bolivia
    • 20 km South of Iska Iska
    • Road accessible approx. 35 to 50 min drive north of Tupiza

    Property Geology

    • The Chorrillos Project area is predominantly underlain by Ordovician basement sediments that have been intruded by a Tertiary-age volcanic complex of dacites, rhyodacites, tuffs and epiclastic sediments
    • Alteration and mineralization are widespread at both properties characteristic of intermediate to high sulphidation epithermal systems
    • Mineralization occurs in veins, stockworks and as disseminations in all rock types with extensive argillic and silicic alteration
    • The epithermal systems are high-level reflected in the predominance of silver in galena veins
    • However, tin mineralization has been reported in the valley suggesting that the overall epithermal system may be zoned

    Gonalbert Mining Area

    • Consists of 10 grids covering 2.5 km2 located 20 km southeast of Iska Iska
    • Small artisanal mine recovering high grade silver from a galena vein. Production reported to be 20 tpd at ~200 g Ag/t
    • Property is underlain by Miocene-age dacitic domes and dikes which have intruded basement Ordovician sediments
    • Widespread alteration and sulphide mineralization
    • Mineralization likely part of an extensive intermediate to high-sulphidation epithermal system

    Felicidad Mining Area

    • Consists of 4 grids covering 1 km2 located 5 km northwest of the Gonalbert mining area
    • Main structural feature on property is a conical hill, highly leached and oxidized
    • The conical hill is known by the locals as as “Pequeño Cerro Rico” or Small Rich Hill
    • Past artisanal mining excavated silver-rich galena veins and vein breccias.  Reported grades ~230 g Ag/t
    • Geologically is similar to Gonalbert mining area with a prominent oxidized cap

    Our Plan In 2023

    $3.0M financing

    NI 43-101 Technical Report
    being prepared by Micon International

    Geological mapping, sampling and prospecting to define nature and extent of epithermal systems

    Geophysical surveys including magnetics and  induced polarization for enhanced targeting

    Diamond drilling to test major targets outlined to start in Q1 2023

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