Location
3,300 hectares situated along the Eastern Andes of San Juan Province, in Argentina, South America, just 50 km from TNR's El Tapau
property. El Salto is accessible year-round by paved and dirt roads.
Technical Details
The El Salto property, which is comprised of 3300 hectares in the San Juan Province, is located at an altitude of
1600m in the Precordillera of the eastern Andes. The property lies within the area what is known as the "Yellow
Belt" district of San Juan with the signature of Copper-Gold-Molybdenum porphyry systems. The yellow belt district
hosting the two well-known copper deposits, the El Pachon Deposit (724 MT @0.65% Cu) in Argentina and, the Los
Pelambres Mine (1487 MT @0.66% Cu) near the Chile-Argentine border (Falconbridge/Xstrata and Antofagasta web sites).
TNR completed a reconnaissance mapping/prospecting and sampling program in the 2007 field season. The results of this and
historical data suggesting the property is predominantly underlain by sedimentary (quartzite, arenite) and mafic volcanic
(basalt) sequences, which have been intruded by intrusions of gabbro and granite to granodiorite. The two economically
significant feldspar-phyric granitic bodies, exposed in the northern and southern parts of the property, intruding the
northwest-trending sedimentary sequences, underlie the central part of the property. The chargeability anomaly resulting from
recently completed IP survey on the property, suggests the two intrusions may be interconnected under the sedimentary cover
hence possibly representing a single intrusion.
A total of 216 rock chip/grab and 20 stream-sediment samples were collected in 2007 field season and sent to Alex Stewart
Assayers (ISO9002) in Argentina for multi-element analyses. The rock chip/grab samples yielded anomalous to highly anomalous
copper values ranging from 500ppm to 4000 ppm (72 samples) and one sample assayed >10,000 ppm. A vuggy silica float sample
assayed 4.23 g/t gold and 11.7 g/t silver and is strongly anomalous both in arsenic (4096 ppm) and antimony (445 ppm). A
recently completed 3D IP survey (approximately 40 line-km) on the property has delineated a large chargeability anomaly. This
anomaly is coincident with the known copper and molybdenum geochemical anomalies on the surface.