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02<br />

Geology & Tectonics<br />

The RABIA property encompasses 13 licenses. Seven of them are mining<br />

licenses, two are exploration licenses, and four of them are mining licenses<br />

being in transition from the previous owner into RABIA ownership, on base<br />

of a legal option contract.<br />

The RABIA mine property covers a local belt or corridor of 5<br />

km from north to south and 1.7 km from west to east along<br />

the contact zone between the early Cretaceous Retamilla<br />

intrusion (ca. 126 Ma) with tonalite and granodiorite,<br />

emplaced as a tabular plutonic rock on the about 1,000 m<br />

deep �oor of the eastern hanging wall along the subregional<br />

master fault Las Lenas, and the Bandurrias formation<br />

composed predominantly of intermediate volcanics with<br />

intercalated clastics and calcareous marine sediments.<br />

Dominant rock types are continental andesitic lavas.<br />

Associated sediments include arenaceous rocks, calcareous<br />

arenites, breccia and conglomerates.<br />

The Atacama Fault (AF) passes less than 10 km east of the<br />

mine. Numerous NNW-NNE trending faults with reported<br />

high-angle dips (< 50°) along the AF axis; dilational stress<br />

vector to east. In addition, there are numerous local brittle<br />

faults and other secondary fracture systems. The width of<br />

the tectonically controlled corridor with clastic component<br />

and brecciation ranges from 200 to 1,200 m.<br />

The Geología del Área Freirina – El Morado (Sernageomin,<br />

2006) map assigns the mineral occurrences of the corridor<br />

to the IOCG type (depósitos de Fe-Cu-Au). The depth of<br />

this zone is indicated by 80 to 400 m. Disseminated veins<br />

thickness ranges between 1 and 9 m. There are probably<br />

two IOCG subtypes: A replacement type with skarni�ed<br />

clastic calcilutites and calcarenites intercalated by a<br />

volcanoclastic component, and a tectonic and/or hydrothermal<br />

breccia.<br />

A supergene oxidation zone of about 30 m is developed,<br />

containing malachite, azurite, chrysacolla and atacamite as<br />

mineable minerals. At deeper layers chalcocite and<br />

covellite are reported. Beneath, chalcopyrite and pyrite are<br />

supposed.<br />

Since the successful history of Candelaria, it is known that<br />

geologically young IOCG deposits too, such as the RABIA<br />

mine, can generate pro�table mining because of their<br />

generally attractive size, quite simple metallurgy, and<br />

relatively high grade of copper and gold.<br />

CORPORATE BROCHURE - 2011

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