• VICUNAU METALS CORP
  • Largest Independent Land Owner | Emerging Copper-Gold Belt
  • info@vicunau.com

Assets

Vicunau Metals - Copper & Gold   →  Assets

Tolita – Copper | Gold | Silver Porphyry

Tolita - Trenching
Tolita - Super High Grade Trench 4% Copper 50gt Gold

TOLITA - COPPER | GOLD | SILVER PORPHYRY

Vicunau believes Tolita to be the only untested, fully preserved copper-gold or gold-copper porphyry system in the Maricunga / Vicuna Copper & Gold belts.

With decades of history, Tolita was recognized very early on (1993) as a high-potential asset by Enrique Viteri-Aldunate, one of the pioneers of the region.

Enrique spent a decade with Anglo American which conducted much of the early exploration in the region. He drilled the first holes at Caspiche (Barrick/Newmont Norte Abierto), worked on the famous Kinross Refugio/Maricunga Gold Mine, and was the Chief Geologist for Chile’s state owned El Teiente Mine, considered the oldest & largest underground copper mine in the world.

Tolita has had decades of exploration & development; all signs pointing to a large copper-gold porphyry:

Geochemical & Airborne Magnetic Surveys

  • Geochemical Samples: 3,827 geochemical samples tested including countless high grade at surface copper and gold anomalous values. Compared with other large deposits, the grades at surface are excellent.
  • Magnetic Surveys: Four helicopter magnetic surveys conducted with uniquely anomalous results characteristic of large systems

Super High Grade Trenches

  • High Grade Trenching: Tolita has had 5,600m+ (5.6km) of trenching, with exceptional grades for the region, including a “super high grade trench” at surface with 4% Copper & 50g/t Gold

Excellent Initial Drilling & Massive IP Anomaly

  • Excellent Initial Drilling: Tolita has had 3 holes drilled for 674m, drilled blindly (no IP), and still hit long porphyry-style intercepts including 2 of 3 holes which intersected 150m of 0.37g/t gold equivalent and 165m of 0.31g/t gold equivalent, having only tested for gold and copper. It was very rare in other large deposits to have such long intercepts in phase-1 drill campaigns so close to surface.
  • Massive IP Anomaly: Recent IP Survey confirmed “spectacular” anomaly consistent with large porphyry deposits, 2.5km square in size with high chargeability and close to surface

TOLITA - COPPER | GOLD | SILVER PORPHYRY SYSTEM

Massive in Size

Tolita soil surface anomaly sheer size, compares favourably against Caspiche (25-Million ozs gold & 6.4-Billion lbs copper) which is now controlled by Barrick & Newmont-GoldCorp Norte Abierto JV.

Drilled Asset

Excellent initial drilling with 3 holes drilled blind (no IP) yet intersecting long porphyry style mineralization, 4X higher on gram/meter basis than Caspiche’s maiden drill campaign.

Massive IP Anomaly

Vicunau was the first company to move ahead with IP on Tolita, and recently completed
a highly successuly IP Survey, Vicunau confirmed a super high chargeability anomaly (40mv/v) 2.5km+ in size. Importantly, this anomaly is close to surface, suggesting the potential for open pit.

Direct Path to Resource

With a plethora of history combined with modern science, Tolita is uniquely positioned to rapidly advance towards robust second and third phase drill campaigns, with a direct vision to publishing a maiden porphyry copper-gold resource if successful.

Tolita - Surrounded by Penoles / Fresnillo with Lundin's Caserones Immediately South

Tolita sits at the Northern edge of the emerging Vicuna Copper Belt. Recently, Penoles / Fresnillo ($15-Billion market cap), the Mexican state owned mining companies, have neen exploring adjacent at their Yastai/Nemesis project. They have bought up almost all the land surrounding Tolita and connecting directly into the Lundin Caserones Mine. Penoles has published that they have completed multiple drill campaigns and already have a maiden copper-gold porphyry resource.

Vicunau believes Tolita to have all the hallmarks of large porphyry systems, including massive soil surface signature, mag anomalies, high grade copper and gold on surface, and a significant IP anomaly sitting just beneath the existing drilling. Vicunau intends to rapidly advance Tolita with robust drill campaigns.

Toro – Gold | Silver | Copper High Sulfidation Epithermal

Toro oxidized mineralization
Toro trenching gold silver

TORO - HIGH GRADE GOLD-SILVER-COPPER HS EPITHERMAL

Toro is the sister deposit to Tolita, with even more existing drilling and even higher grade results. Much like Cerro Casale & Caspiche, the two mega deposits combined into the Barrick-Newmont Norte Abierto JV, Vicunau believes Toro and Tolita to be two large deposits stemming from one massive system.

Toro has had 6 shallow RC drill holes, drilled blind (no IP), yet 5/6 holes intercepted anomalous gold and silver values including 24m of 0.5g/t gold and 11g/t silver, 6m of 0.7g/t gold and 8g/t silver, 8m of 0.2g/t gold and 36g/t silver, etc.

Rare to Have Gold-Silver High Sulfidation Asset in Region:

Geochemical & Airborne Magnetic Surveys

Toro has had 452 geochemical samples, significantly less than the 3,827 samples analyzed at Tolita, and 3 helicopter magnetic surveys (compared with Tolita’s 4).

Uniquely High Grade Gold & Silver Trenching

Toro has had significant trenching, totalling 3,00m+ (3km), with some excellent grades.

It is rare in the ergion to have high grade gold above 1/gt and silver above 10g/t on surface, even in the largest deposits. Toro has trenching exceeding those grades in many places. For example, one trench (TT-2) displayed grades up to 1.55g/t gold and 72g/t silver, with another (TT-5) getting 66g/t silver, 74g/t silver, up to 88g/t silver.

Excellent Initial Gold-Silver Drilling & IP Anomaly

Toro was drilled blindly (no IP) in the late 1990s, yet 5/6 holes intercepted anomalous gold and silver grades. Copper wasn’t even tested for (given focus on gold-silver and low copper prices at the time), yet we believe copper will be proven to be present in future campaigns.

Toro-2 ended in highest grade mineralization of 0.7g/t gold and 8g/t silver, while Toro-3 displayed 84m of 7g/t silver, and Toro-5 hitting 30m of 17g/t silver with gold credits as well.

Vicunau was the first company to ever run IP Survey on Toro, and hit a very nice anomaly. The geophysics firm commented “Significant trenching has tested most of the outcropping silicified areas… results showed encouraging grades to 2g/t gold… chargeability amplitudes are not typical of Cu-Au porphyry systems like Tolita. However, amplitudes in this range can be associated with high sulfidation epithermal systems, especially in the Maricunga Belt… The main chargeability anomalies have not been drilled although several drill holes have come close.

TORO - GOLD | SILVER | COPPER - HIGH SULFIDATION EPITHERMAL SYSTEM

Historical Asset

Toro has displayed dozens of high grade gold and silver anomalies directly on surface, exceedingly rare even in the Maricunga Gold Mine.

Drilled Asset

Toro was drilled blindly (no IP) and shallowly in the late 1990s, yet still hit high grade gold and silver in 5/6 holes. Copper wasn’t even tested for.

HS Gold-Silver Epithermal IP Anomaly

IP Survey 2022 confirmed chargeability amplitudes “associated with high sulfidation epithermal systems, especially in the Maricunga Belt”.

Direct Path to Gold-Silver-Copper Resource

With decades of history, existing drilling, kilometers of trenching, and high grade gold and silver all over surface, combined with a recently completed successul IP survey, Toro is uniquely poised to develop into its own resource.

TORO - SHALLOW ANOMALY READY TO BE DRILLED INTO A GOLD-SILVER-COPPER RESOURCE

Vicunau was the first company to ever run IP Survey on Toro, and hit a very nice anomaly. The geophysics firm commented “Significant trenching has tested most of the outcropping silicified areas… results showed encouraging grades to 2g/t gold… chargeability amplitudes are not typical of Cu-Au porphyry systems like Tolita. However, amplitudes in this range can be associated with high sulfidation epithermal systems, especially in the Maricunga Belt… The main chargeability anomalies have not been drilled although several drill holes have come close.

Cachitos – Gold | Copper | Silver Porphyry Target

Cachitos oxidized
Cachitos

CACHITOS - COPPER-GOLD-SILVER PORPHYRY TARGET AT SW CORNER OF CERRO CASALE

Cachitos was originally personally staked by Dr. Professor Jose Frutos, shortly after he was involved in leading the discovery of Cerro Casale (now apart of the massive Norte Abierto JV controlled by Barrick & Newmont-GoldCorp). Dr. Frutos believes that Cachitos has potential to host some of the Casale porphyry, albeit under host-rock cover.

Although parts of Cachitos were optioned out to another company for ~$10-Million plus a 1.5% NSR in the past, Vicunau owns Cachitos outright, without any liabilities or royalties whatsoever.

Cachitos is an asset that can be advanced quite economically efficiently, requiring a complete grid geochemical survey and subsequently, IP Surveys, before considering drill campaign options.

Cachitos - Adjacent to Mega Cerro Casale (58-Million ozs) Gold-Copper Deposit

Strategic Location

Cachitos sits directly at the SW corner of Barrick and Newmont’s Cerro Casale.

Ready for Advacement

Cachitos can be advanced with straighforward geochemical surveys to better understand the property and its potential. While not the focus of Vicunau, a simple grid would take Cachitos to the next level.

Excellent Leverage to Norte Abierto and Gold & Copper

We believe an asset like Cachitos provides excellent optionality on both metal prices (copper and gold), and the development of Cerro Casale and Norte Abierto. As Norte Abierto is developed by Barrick and Newmont-GoldCorp, Cachitos’ value-proposition should increase proportionately.

CACHITOS - COPPER GOLD PROPERTY SW CORNER OF BARRICK'S CERRO CASALE

Historical Asset

Personally staked over 20 years ago by Professor Dr. Jose Frutos himself, for his own family.

Ready for Advancement

Cachitos can be advanced relatively simply without significant costs.

Owned Outright

Cachitos is owned outright by Vicunau, with no royalties, compared to large option deals in the past.

Upside Potential

Cachitos should provide excellent leverage to metal prices and nearby assets advancements.

CACHITOS - PRIOR OPTIONED FOR $10-MILLION + 1.5% ROYALTY

Cachitos (together with some adjacent claims) were once optioned for nearly $10-Million plus a 1.5% NSR and published publicly as potentially hosting 2,000,000-4,000,000 ounces of gold.

Vicunau acknowledges that Cachitos is not the Company’s flagship asset simply due to the stage, without existing drilling, but that Cachitos does offer unique leverage to the development of adjacent Cerro Casale owned by Barrick and Newmont-GoldCorp, the world’s 2 largest mining companies.

If Norte Abierto is advanced, as we believe it will be, then the thesis of Dr. Professor Jose Frutos, that Cachitos might host a part of Casale’s porphyry, should become a valuable target.

Zelma – Copper | Gold (Surrounded by Barrick / Norte Abierto)

Zelma Copper Gold
Zelma Exploration Copper

ZELMA - COPPER | GOLD TARGET (FULLY SURROUNDED BY BARRICK & NEWMONT-GOLDCORP NORTE ABIERTO MEGA JV)

The Zelma Property is another highly unique asset fully surrounded on all 4 sides by the largest gold-copper desposit on the continent owned by Barrick & Newmont-GoldCorp.

Zelma was acquired directly from the Chilean government via the auction which occurred for the first time in over a decade. Zelma was formerly known as the “Lobas Project”, once owned by Laguna Resources (acquired by Kingsgate).

Not only does Zelma host a very unique aster anomaly (shown below via satellite imagery), but recent geological exploration campaigns revealed anomalous values of copper, gold, and molybdenum. In fact, in this preliminary campaign, 23% of geochemical samples analyzed contained anomalous values of gold, with 38% of samples containing copper and 77% containing molybdenum.

Zelma: Highly Strategic Asset, Surrounded by Norte Abierto & Acquired Directly From Government of Chile

Acquired From Aution

Like all Vicunau assets, Zelma is owned without any royalties. The Zelma Property was acquired directly from the Chilean government in an auction that took place for the first time in over a decade. Vicunau was prepared and fortunate enough to acquire the land.

Extremely Unique Aster Alteration

Zelma clearly displays unique geomorphology, as interpreted via the satellite aster images for its highly unique anomaly. Refer below to see the exact graphic.

Copper Gold & Molybdenum Values On Surface

Zelma has only been explored once by the Vicunau team in a very preliminary manner, but the majority of geochemical samples analyzed contained gold, copper, or molybdenum. Highly encouraging early results for a truly strategic property owned outright by the company.

ZELMA - COPPER GOLD PROPERTY FULLY SURROUNDED BY BARRICK NEWMONT-GOLDCORP

Strategic Asset

Fully surrounded on all sides by the largest gold-copper deposit on the continent, Cerro Casale (Norte Abierto).

Ready for Advancement

Relatively simple surveys can easily advance this property.

Coppper | Gold | Moly at Surface

First geochemical survey returned extremely encouraging results of copper, gold and moly.

Owned Outright

Zelma Property is another example of Vicunau strategically rolling up assets without royalties or encumberances associated with the archaic option model.

COPPER | GOLD | MOLYBDENUM AT SURFACE

Zelma has only been explored once by the Vicunau team in a very preliminary manner, but the majority of geochemical samples analyzed contained gold, copper, or molybdenum. Highly encouraging early results for a truly strategic property owned outright by the company.

Casale Sur – Gold | Copper (Adjacent to Cerro Casale)

Cachitos Vicunau Copper Gold
Casale Sur Vicunau Copper Gold

Casale Sur - Copper | Gold Target South of Cerro Casale (6,000m Trenching)

Casale Sur is a block of property claims that Vicunau strategically acquired from the Chilean government auction when the land became available. Casale Sur has had 6,000m+ (6km) of trenching.

Casale Sur sits just East of Vicunau’s existing Cachitos property and immediately south of the mega Barrick Newmont-GoldCorp Cerro Casale (Norte Abierto JV), displaying a strong aster anomaly.

Casale Sur is a strategic asset, prior referred to as the “Caillal Claims” held by another company for years until the asset came available at the auction.

Casale Sur - Strategic Asset Between Existing Vicunau Cachitos and Barrick's Cerro Casale

ACQUIRED STRATEGICALLY AT AUCTION

Casale Sur is an excellent example of Vicunau opportunistically acquiring properties directly from the government of Chile via auction. The auction was held for Tierra Amarilla for the first time in 12 years, and Vicunau was able to prepare for certain assets of interest.

Unique Aster Signature & 6,000m Trenching

Vicunau believes the reason Casale Sur has been a property of interest for other companies, is due to a unique satellite aster anomaly consistent with other mineral deposits in Vicuna. Importantly, Casale Sur has had 6,000m+ of trenching; significant exploration campaigns. For a property to have received so much historic work (when gold and copper were trading at $350/oz and $1.00/lb, respectively); indicates that the property has demonstrated considerable potential.

Ready for Advancement With Cachitos

Given Casale Sur is immediately adjacent to Vicunau property Cachitos – and at similar stages of development – the two projects can be synergistically explored and developed together.

CASALE SUR - COPPER GOLD TARGET SOUTH OF BARRICK & NEWMONT'S CERRO CASALE

Strategically Acquired

Acquired at auction directly from Chilean government, meaning no option payments, liabilities, or royalties.

Easily Advanced With Cachitos

Adjacent to existing Vicunau asset Cachitos could mean synergistic development together.

Leverage to Gold & Copper Prices

As the Maricunga and Vicuna Copper-Gold Belts become more crowded, and metal prices rise, we believe properties like Casale Sur will offer unique leverage.

Highly Valuable Real Estate

Casale Sur is adjacent to the largest gold-copper deposit on the continent, Cerro Casale (Norte Abierto) controlled by the two largest gold companies globally.

CASALE SUR - ADJACENT TO CERRO CASALE & OWNED OUTRIGHT BY VICUNAU

Casale Sur is 100% owned by Vicunau. Like all Vicunau properties, there are no royalties associated with the asset. Casale Sur is adjacent to Barrick & Newmont-GoldCorp’s Cerro Casale (mult-billion dollar Norte Abierto joint venture).

Casale Sur has very strong argillic and locally silico-argillic alterations of N-S elongation. In the field, samples with frequent hematoids (hematoid quartz – quarz + iron – similar to jasper) and other oxides have been consistently recognized, with the presence of Fe varying between 5-10% and S up to 2%. These signals coincide regionally only with the Toro sector, a highly favourable attribute for Vicuna and Maricunga Copper-Gold Belt assets.

Miera – Gold | Silver

Miera Gold Silver Vicunau
miera gold silver

MIERA - GOLD | SILVER TARGET ADJACENT TO TORO AND SURROUNDED BY PENOLES/FRESNILLO

Miera Property is a strategic asset which effectively enlarged the initial Toro Property which is now surrouned by Penoles/Fresnillo linking Vicunau into the Lundin Caserones Copper-Molybdenum Mine.

Importantly, the Miera Property also completely covers a large portion of the regional geological strcuture known as “Fault Sangre de Toro” (because of its “bull-red blood” color). Zones of argillic alteration and presence of oxides – gossan have been detected along the fault in a multispectral aster analysis, that remain untested.

Miera Property Acquired From Chilean Government

Strategic Property

Miera is surrounded by major mining companies Penoles/Fresnillo ($15-Billion market cap) and Lundin’s Caserones to the South. Miera both enlarges Toro and holds its own potential for mineralization.

Property Covers Large Regional Structure

The Miera Property covers a highly prospective geological structure called “Sangre de Toro” with zones of argillic alternation and oxides.

Acquired From Chilean Government At Auction

Miera Property is owned outright, with no royalties (like all Vicunau properties), another example of Vicunau successfully acquiring land from the Chilean government at auction and avoiding the archaic option model, avoiding liabilities and royalties. Miera also offers a strategic buffer for Toro, as Penoles/Fresnillo quickly acquired much of the land surrounding Miera, which encircles Vicunau’s Toro Property.

MIERA - GOLD-SILVER TARGET BETWEEN BARRICK NEWMONT & PENOLES FRESNILLO

Acquired From Government Auction

Owned outright with no royalties or encumberances.

Strategic Property Value

Enlarges Toro Asset and surrounded by major mining companies Penoles/Fresnillo to the East and Lundin to the South.

Synergies With Toro Asset

Miera can be explored quite simply and effectively together with Toro.

Covers Large Regional Structure

Property not only provides additional strategic land around Toro, but covers large regional structure.

MIERA PROPERTY - GOLD-SILVER TARGET - STRATEGICALLY ACQUIRED FROM GOVERNMENT AT AUCTION - OWNED OUTRIGHT - COVERING LARGE REGIONAL STRUCTURE

The Miera Property covers a regional fault known as “Sangre de Toro” which is clearly visible on any satellite map known for its “bull-red blood” color with very strong argillic and locally silico-argillic alteration of N-S elongation.

Zones of argillic alteration and presence of oxides – gossan have been detected along the structure in a multispectral ASTER analysis, a prospective target that will be tested in the Miera Property’s next phase of exploration & development.