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

    Infographic: Chorrillos 2023 Plan for Mineral Exploration, with 3 boxes with text including descriptions of surveys, diamond drill program, and chargeability anomaly. To the right of the infographic a Drill Rig photo is featured.




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