Gold, Copper and Silver Production in Argentina.

CONTACT
305.777.0330

• HOME
• CORPORATE
• PROJECTS
  • DIENTE VERDE
  • NEUQUEN BASIN
  • NIOBIUM & TANTTALUM
• NEWS
• MINERAL OUTLOOK
  • COPPER
  • SILVER
  • GOLD
• MINING IN ARGENTINA
• PRODUCTS
  • COPPER

Neuquen Basin Project

The Neuquén Project includes twenty (20) properties situated approximately 1000 kilometers southwest of Buenos Aires, in eastern Neuquén Province covering a total area of 50,000 hectares. Three of the properties, located within a 50 kilometer radius, contain significant "red-bed style" copper oxide deposits.

The Neuquén Red Bed copper deposit contains a drill indicated reserve of 35.5 million tons of 0.37% copper (287 million pounds). Three claims contain 545,000 tons of copper between 2% and 18% cu., while other areas have over 200 million tons of inferred mineral. The deposit consists of near surface "oxide copper" minerals within a flat-bedded sandstone host. The three other identified deposits have not received as thorough an investigation, but preliminary estimates include the Quillen Diez B, Ernesto, and La Felicidad deposits have contents of copper.

In addition to the identified deposits, AMA owns several untested cateos in the Neuquén Project area that contain numerous copper surface showings. Several of the cateos have an excellent potential for discovery of very large deposits of oxide copper. These targets offer the possibility to more than triple the Project's copper resource base. A water well is on the property with sufficient water for a medium mining project. Electrical power is on the projects property and road access is available.

General

The "arenisca" or sandstone oxide copper project encompasses 50,000.00 hectares of a sedimentary basin deposit. There are numerous recorded occurrences of oxide copper impregnated sandstone, showing potential for a new copper mining district in the low mesa, desert terrain in the eastern rain shadow of the Andes. Elevations are everywhere less than 1500 meters above sea level.

The region is a major oil-producing center, with highly developed infrastructure, a skilled labor force, and LOW COST (1.5 cents/kilowatt hour) hydroelectric power. Most of the copper prospects lie within a radius of one hundred kilometers around the town of Cutral-Co (pop. 35,000), and between Neuquén (pop. 150,000) on the east and Zapala (pop. 30,000) on the west. Neuquén has a modern jet airport with service several times a day from Buenos Aires, and continuing flights to Mendoza and Santiago, Chile.

Some of the copper oxide deposits show potential to be very large, and are amenable to strip mining techniques similar to that used on coal seams. The ore beds are only weakly indurated, requiring little or no use of explosives in mining.