The Property is located within the Western Cordillera of the Andes Mountains and the regional geology is dominated by Cretaceous aged Machay Group limestones and Tertiary aged Pocobamba continental sedimentary rocks, which are referred to as the Casapalca Red Beds.
These groups have been deformed by the Huaron anticline, the dominant structural feature of the local area. The limestones and sedimentary rocks are strongly folded and intruded by quartz monzonite and quartz monzonite dikes with associated fracturing. Following the intrusion of the dikes, the sedimentary rocks were further compressed and fractured, and subsequently altered and mineralized by hydrothermal fluids forming the Huaron deposit on the Property.
The Huaron mine is a producer of silver, zinc, lead, and copper. Ore mineralogy is made up of tetrahedrite-tenantite (gray copper), sphalerite, galena, and chalcopyrite-enargite as the most abundant ore minerals; gangue minerals mainly represented include quartz, rhodochrosite, rhodonite, manganocalcite, and alabandite.
Research has shown the presence of three different stages of mineralization and related to high temperatures (milky quartz, pyrite, tetrahedrite), intermediate temperatures (milky quartz, pyrite, brown sphalerite, and galena) and low temperatures (barite, siderite, dolomite, blonde sphalerite, galena, argentiferous tetrahedrite, polybasite, chalcopyrite, rhodochrosite, quartz, and calcite). Huarón mineralization is ........
