Properties
Chorrillos Project
- Chorrillos Silver Project consists of 2 separate optioned properties (Gonalbert and Felicidad) and three large staked properties (CSB-1, CSB-2, CSB-13) 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 two optioned properties in the Chorrillos Silver Project by making staged payments totalling US$4.5 million to the vendors and title holders over 5 years
- Neither of the optioned properties have ever been drilled
CARTIER SILVER LAND PACKAGE
- 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