Project Portfolio
Rio Negro, Argentina
The goal of VALCHETA EXPLORACIONES, VE" is the acquisition, exploration and development of highly prospective properties at different exploration stages.
VE holds 18 mineral concessions totaling a 115.000 has distributed into 7 Exploration Projects strategically located at the unexplored gold and silver rich Geological Province of the Somuncura Massif, Rio Negro Province, Patagonia, Argentina.
VE properties were identified and generated through an experienced team of Argentinean Senior Geologists, involved on the discovery and development of some of the most significant discoveries in the Deseado Massif, including Cerro Moro Mine, Joaquin Mine, Virginia Project and others.
The Offered Portfolio includes the following projects: Cuya (37.000has), Lucho (12.700has), Picaso (3.000has), El Mago (9.000has), and Adamo (4.000has). In addition, we now offer the La Esperanza (35.000has) and Puzzle (14.500has) projects, which were under agreement with Golden Arrow (Grosso Group) until march 2022.
Within the portfolio, CUYA project is one the most important. It has almost 4,000 m of drilling, trenches, Geophysics (Airmag, Groundmag, IP & Resisitivity). It has the potential to host more than 500,000 Oz Au.
Available Projects for JV (yellow) in the Somuncura Massif. Neighbouring projects are marked by a white star and advance projects highlighted by a green star.
Projects for Joint Venture
37,000 has
The Project is located 55 km SW of Los Menucos town, Rio Negro Province, Argentina; and near of important gold projects such as “Cerro Abanico” and “Cerro La Mina” (Southern Cooper).
10,000 has
The La Esperanza Project, with an area of 10,000 hectares, is located in the “Los Menucos” District; 70 km north of the homonymous town. The project was explored by Minera Mincorp, in the 90's; then by Deprominsa, around 2002; and since 2017 it is 100% owned by Valcheta Exploraciones.
2,000 has
The PUZZLE Project is located on the Prov. 6 route, just 20km northwest of the town of Los Menucos, in the Province of Rio Negro.The Project consists of a survey of 2,000 hectares, and with only 2 days of prospecting, 3 exploration targets have been recognized, those with vein structures and anomalous Au values.
19,000 has
The Project is located by Valcheta town, Rio Negro Province, Patagonia, Argentina, just 120 km west from the ocean. Includes 3 mining leases totaling 23.000 has. The Project is located in the Somuncura Massif. There are two vein systems, one is hosted in the acid volcanic rocks of Complejo Volcánico Marifil (Jurassic); and another within Proterozoic metamorphic rocks.
9,000 has
The Project is located 25 km N of Sierra Colorada town, Rio Negro Province, Patagonia, Argentina. The Project has two prospects up to date, Oeste and Este.
3,000 has
The Project is located 70km North of Ing. Jacobacci town, Rio Negro Province, Patagonia, Argentina. Mining leases covers 3.200 has. Previously, it was known as Cabestro Quemado (IAM Gold) and is located 18 km NNE from Cañadón del Moro Project (ex IAM Gold) in the Somuncura Massif.
4,000 has
The Project covers 4,200 has and is located 20 km northeast of Manquinchao town, Rio Negro Province, Argentina, dentro del conocido Distrito Minero “Los Menucos”.In this area, only a quick field survey was made, where the main target called VETAS CENTRALES was identified.