Location
Our projects are located deep within the heart of the 5th largest gold producing area in the world and the largest producer within its´ Region. Perú has developed the recognition as the most viable and stable economy in South America. Having recently accumulated financial reserves of over 30 billion dollars and over the last six consecutive years has maintained the highest average annual growth rate. This year the rate is down only 0.5% from the last two years average annual 8%. The Peruvian export economy is diversified between mining, agriculture, textiles, medicine, software and tourism. Perú is enjoying a stable political atmosphere in which the official political policy is to increase mining activities, expand existing port facilities and establish two new ports to accommodate increased regional economic growth; a major supplier of raw and value added materials to the Asian, Pacific Rim, European and United States markets.
Once again the U.S. Geological Survey (2007) has cited Perú as the primary world producer of silver, second in tellurium, third in copper, zinc, tin and bismuth, forth in lead and molybdenum and fifth in gold. Also it has further shown other products of major economic importance and a high production position en the last few years has been rhenium, cadmium, iodine, selenium, diatomaceous, bentonite and borate.
Our projects are currently mainly concentrated within HUÁNUCO, a political subdivision or region situated in the heart of Perú and the Andes Mountains.
 |
MAP of PERÚ and the DEPARTAMENT of HUÁNUCO
Located on the Pacific Coast of South America, Perú is a
World leading producer of metals and minerals:
Production Ranking 2006
| |
Latin America |
World Ranking |
| Copper |
2 |
3 |
| Gold |
1 |
5 |
| Zinc |
1 |
3 |
| Silver |
1 |
1 |
| Lead |
1 |
4 |
| Tin |
1 |
3 |
| Molybdenum |
2 |
4 |
| Bismuth |
2 |
3 |
| Tellurium |
1 |
2 |
|
 |
MAP of the DEPARTMENT
of HUÁNUCO
Situated in the central region of Perú, the heart
of the Andes Mountain Range and bordering the
most active mining region in South America, we
have over three thousand hectares (7,400 acres)
of proven mining concessions available for
immediate financing. The red colored area is the
Providence of Huamalies in which the majority of
our mining concessions are located. |
 |
MAP of the PROVIDENCE of HUAMALIES
Divided into ten political Districts (red lines),
this providence is historically known for its
gold production as well as for its silver,
copper, molybdenum, lead and other
poly-metallic’s.
The Spanish Conquistadors (1532) found the Incas
working the rivers and streams (blue lines)
recovering placer gold specifically where we have
mining concessions (see black arrow). The dark
blue line represents the Marañón River. Map is
provided by the National Institute of Statistics
and Information – Perú.
|
This satellite photo was taken in
2006 at an altitude of 7 miles and shows the area of six
of our mining concessions with a total of over 1,000
hectares (2,470 acres). The white line represents the
length of the concessions, six kilometers or nearly four
miles long, on the
Marañon
River. The location is
historically known for its gold production. The riverbed
has never been exploited until recently, starting in
2001 with a few small dredges. Currently over fifty
small dredges are working within areas of our
concessions; their total annual yield is over $3,000,000
at 2008 values (3,000 ounces – 94 kilos).
|
