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Growing pipeline of exploration opportunities in Andalucia, Spain’s most prolific mining province:


  • Several new mineral rights granted at Aguilas and advancing targets to drill ready status

  • First drill holes at Escacena reported in October 2019 include significant copper near to surface

  • Closed CAD 1.7 million financing in November 2019 oversubscribed

  • Drilling recommenced and in-progress at La Romana




  •  Located in the Iberian Pyrite Belt, the world’s premier volcanic-hosted massive sulphide district

  • First Drill Holes Confirm Shallow High Grade Copper and Tin at La Romana 

  • Massive sulphide and stockwork mineralization

Drill hole LRD-01:

10.1m at 0.72% Cu eq1 (0.64% Cu, 2.2 g/t Ag) from 73.9m, including

  • 1.6m at 1.38% Cu eq (1.26% Cu, 4.6 g/t Ag, 0.012 g/t Au) and

  • 3m at 1.53% Cu eq (1.38% Cu, 4.5 g/t Ag, 0.05 g/t Au, 114 ppm Co);

48.35m at 0.21% Cu eq (0.14% Cu, 2.2 g/t Ag) from 140m to end of hole, including

  • 7.8m at 0.60% Cu eq (0.5% Cu, 2.7 g/t Ag)

  • hole ends in 0.24% Cu, 0.10% Sn, 1.4 g/t Ag

Drill hole LRD-02: 

20.55m at 1.5% Cu eq* from 37m (1.02% Cu, 0.11% Sn, 4.7 g/t Ag), including

  • 7m at 3.43% Cu eq (2.50% Cu, 0.23% Sn, 10.1 g/t Ag, 0.014 g/t Au, 0.11% Zn, 133ppm Co)

* Equivalent calculation uses Cu US$ 5700/t, Pb US$ 2100/t, Zn US$ 2320/t, Ag USD 17/oz, Au US$1480/oz, Co US$ 36000/t and Sn US$ 17000/t. No recoveries applied.

  • Strong geophysics size and continuity

    • Large gravity anomaly (1.5 km x 0.5 km)

    • Coincident  gravity, IP and DHEM

    • Hole LRD-02 pierced the upper edge of 300 x 180m conductor

    • Untested off-hole DHEM conductor below hole LRD-01​

  • Follow-up drilling in progress

    • 3 New drill holes Completed (LRD03, LRD04, LRD05) – awaiting assay results

    • Semi-massive to massive and stringer style copper sulphides

    • Copper sulphide mineralization to within 12.5m from surface in LRD05

    • Deep sulphide zone also has copper

    • DHEM shows potential massive sulphide and conductor increasing intensity to the West

  • Drill Holes and Geophysics

    • Geophysics indicates large size potential

    • Near surface, high grade copper mineralization

    • Potential for multiple ore horizons


  • Approximately 16,300 hectares

  • Polymetallic Pb Zn Ag veins/ breccia on the Zumajo Trend

  • IOCG style Cu breccia on the Torrubia Trend

  • Drill holes with potential ore grade x width Pb-Ag-Zn at San Rafael

  • Multiple targets, multi metal, mostly untested

  • High grade copper 

    • Olympic Dam style (“IOCG”) copper

    • 3km long untested high priority target

    • 16 km long copper trend

  • Lead, Zinc Silver

    • >20 km historical mine trend

    • San Rafael polymetallic breccia (Pb Zn Ag)

    • Simple mineralogy, coarse grain size

    • Potential ore grades and width in shallow wide-spaced  holes 400-690m apart

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