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