Mining & Metals - Denver, Colorado, United States
Steve Johnson of Milena Resources LLC offers an new advanced exploration Porphyry Copper Exploration and Development target between two epithermal gold systems. Located on the flanks of a breached magmatic dome in a new district north of Coipa and south of El Indio, Region IV, Chile, Milena Mining property rates at top 1% of drillable properties according to core review by Quantum Pacific Exploration. Targeted tectonically, the system shows outcropping bornite/anhydrite of the Potassic Zone. Drilling intersected 300,000,000 lbs contained in copper at 0.24% open on all sides and at depth within 1500 hectares of exploitation concessions. Structural assessment indicates the Farallon Negro/Maricunga Infiernillo metallotectonic system is within a conjugate basin showing differentiated magmatic zonation and multi-phase structural re-activation at a bend/intersection of major faults. The property is favorably located in the Rio Turbio drainage basin hosting the El-Indio gold mine and Barrick's new Alturas gold system.
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