Exploration on property-wide targets has been ongoing at Cordero since March 2021. Work completed to date includes geological mapping, surface rock and soil sampling, geophysics and diamond drilling. The five main target areas identified to-date are La Perla (10 km south of Cordero), Dos Mil Diez (immediately southwest of Cordero), Porfido Norte (10 km north of Cordero), Molino de Viento (8 km southwest of Cordero) and Sanson (immediately northeast of Cordero). In 2024, we plan to complete mapping, sampling as well as 2,500 m of drilling with a focus on three of the target areas: La Perla, Dos Mil Diez and Porfido Norte.
La Perla – planned work in 2024 is focused on a zone of anomalous silver from rock sampling within a very large alteration footprint and high chargeability / low resistivity anomalies defined by the geophysics program completed in 2022. Historical mine workings are also present within a northeast trending structural corridor (parallel to the orientation of the main mineralized trends at Cordero).
Dos Mil Diez – further mapping and sampling is planned in 2024 to support the evaluation of chargeability anomalies identified during an IP survey completed in 2022. Dos Mill Diez is located in an area of mapped intrusives, veining and alteration, directly to the southwest of Cordero.
Porfido Norte – additional mapping and sampling is planned in 2024 to define targets within a northeast trending structural corridor in this area. Porfido Norte includes prominent silver-in-soil anomaly and surface alteration coincident with a possible intrusion based on high chargeability from the IP survey and surface morphology interpreted from satellite imagery consisting of annular features.
Molina de Viento – high-grade silver from rock sampling within a very large alteration footprint and a high chargeability / low resistivity anomaly.
Sanson – large, strong magnetic high located on the Cordero belt directly northeast of the Cordero resource area. Breccias and igneous rocks mapped at surface are coincident with intense silica alteration, quartz-molybdenite and jasperoid veining and anomalous silver from rock sampling.