portfolio of metalliferous, lithium and uranium mining ...cima.minem.gob.ar/assets/datasets/2019-11...

Portfolio of Metalliferous,

Lithium and Uranium Mining

Projects of the Republic of

Argentina

Dirección de Fomento y Desarrollo de Proyectos MinerosDirección Nacional de Promoción de la Minería

October, 2019

2

AUTHORITIES

MINISTRO DE PRODUCCIÓN Y TRABAJO

Lic. Dante Sica

SECRETARIA DE POLÍTICA MINERA

Ing. Carolina Sánchez

SUBSECRETARIO DE DESARROLLO MINERO

Lic. Mariano Lamothe

DIRECTOR NACIONAL DE PROMOCIÓN DE LA MINERÍA

Geól. Daniel Jerez

DIRECTORA DE FOMENTO Y DESARROLLO DE PROYECTOS MINEROS

Lic. Tay Ana Such

WORK TEAM Lic. Geol. Tay Ana Such, Geól. Cdor. Daniel Jerez, Geól. Emilio Toledo, Lic.

Geol. María Laura Delgado, Geól. Marina Notaris, Lic. Verónica Neves

01 -10- 2019

3

Disclaimer

01 -10- 2019

This publication of the National Government aims to display information from third

parties on the exploratory results of advanced projects and the mining geological

potential of the country. The information is obtained through diverse sources, mainly

from public access portals of the operating / controlling companies and from

technical reports published by them on various web pages under international

standards aimed at guaranteeing a greater degree of reliability.

In some cases the data is estimated. The accuracy or reliability of the same are not the

responsibility of the MINING POLICY SECRETARIAT.

For more information on the legal, social and / or environmental status of the

projects, interested parties should consult the corresponding provincial authorities

since the mines are private assets of the Nation or of the Provinces, depending on the

territory in which they are located (according to Articles 124 and 75 subsection 12 of

the NATIONAL CONSTITUTION, and Article 7 and concordant of the NATION

MINING CODE, approved by Law No. 1919).

The MINING POLICY SECRETARIAT is not responsible for the misuse of this

information.

• PROSPECTING

• INITIAL EXPLORATION

• ADVANCED EXPLORATION

• PEA (PRELIMINARY ECON. ASSESSM.)

• PREFEASIBILITY (PFS)

• FEASIBILITY (DFS)

• CONSTRUCTION

• OPERATION

• EXPANSION

• CARE AND MAINTENANCE

• CLOSED

Stages of a Project

Status classification criteria for mining projects

PROSPECTION: Also called regional exploration, it is the set of works carried out on large-scale surfaces (2,500 to 250,000 km2), which lead to the detection and location of anomalies and

favorable sites for mineralization and the location of possible deposits with potential for Next step, which is the study of these targets and is called exploration.

INITIAL EXPLORATION: Stage intended to capture and analyze information of the body (s) that eventually constitute a site. For the development of this phase, a set of works are executed

(direct and indirect methods), such as geophysics, geochemical sampling, laboratory analysis, geostatistical analysis, among others. At this stage the data or sampling density is not yet sufficient

for an estimate of resources.

ADVANCED EXPLORATION: Evaluation or delineation phase, the objective is to make a first estimate of the mineral resource (characterized by a tonnage and a law), existing in the mineralized

body. It is tried to size the possible deposit in technical form by means of direct and indirect methods (perforation, geophysics, geochemistry, calicatas, trenches, geological modeling,

geostatistical analysis). This stage is the basis for starting the previous economic evaluation (PEA) of the reservoir, based on the analysis of the geological information collected.

PRELIMINARY ECONOMIC ASSESSMENT (PEA): It is a preliminary study, which includes an economic analysis of the “potential” viability of mineral resources. It covers the study of the scope

of the project (scoping). The EAP may be based on measured, indicated or inferred mineral resources, or a combination of any of these.

PRE-FEASIBILITY (PFS = PREFEASIBILITY STUDY): Includes basic conceptual engineering; It includes a financial analysis based on reasonable assumptions about mining, processing,

metallurgical, economic, commercial, legal, environmental, social and governmental considerations and the evaluation of any other relevant factor that is sufficient for a Qualified Person, acting

reasonably, to determine if all or part of the Mineral Resource can be classified as a Mineral Reserve.

FEASIBILITY (DFS = DEFINITIVE FEASIBILITY STUDY): It must include Detail Engineering and consists of a detailed study of how the mine will be built, used as the basis for a production

decision. A feasibility study is a complete technical and economic study of the development option selected for a mineral project that includes appropriately detailed evaluations of the applicable

Modifying Factors along with other relevant operational factors and detailed financial analysis that are necessary to demonstrate that the extraction is reasonably justified (economically

exploitable). The results of the study can reasonably serve as the basis for a final decision by a proponent or financial institution to continue or finance the development of the project. (Bankable

Project).

CONSTRUCTION AND COMMISSIONING: Creation of infrastructure works, preparation of the deposit, construction of the necessary facilities for the exploitation of the deposit (extraction,

treatment and transport of minerals); installation and conditioning of equipment and purchase of supplies.

OPERATION / PRODUCTION: It is the operational state of an active Mine. The exploitation phases (open or underground mining or brine extraction) and benefit (separation of the mineral of

interest from others that have no economic value) are usually integrated in the same project.

REENGINEERING : (not always present) It is a redesign of the project or mine that is carried out based on changes in mining, technological, market, legal, social, environmental or any other

factor or condition that modifies the parameters that give viability to mining development.

EXTEPANSION: It is the stage of a mine in operation in which, depending on favorable factors (improvements in market or business conditions, availability of capital or by prior planning)

changes are made in the mining and profit processes with the in order to increase the installed capacity of the mine.

CARE & MAINTENANCE: These are operations that have paralyzed the activities and are reevaluating their continuity. CLOSURE: Stage marked by cessation in the production processes

caused by depletion of the mineral reserve, although it can also be generated by other factors that prevent the normal productive development of the mine (unfavorable market, social, legal, etc.).

Some tasks that are done at the closure of the mine begin when it is still in operation and continue until the restored areas can remain stable over time without the need for human action. The

post closure includes the effluent and emission treatment, social monitoring and maintenance activities that must be carried out after the completion of the rehabilitation actions. This activity is

extended until the physicochemical stability of the effects generated by mining is demonstrated and the social sustainability of the communities has been achieved.

Inactive Site: It has a history of past production and is currently without production.

Glossary prepared by the National Directorate of Mining Promotion based on International standards

01 -10- 2019

This publication of the National Government aims to display information from third parties on the exploratory results of advanced projects and the mining geological potential of the country. The information is obtained through diverse sources, mainly from public access portals of the operating / controlling companies and from technical reports published by them on variousweb pages under international standards aimed at guaranteeing a greater degree of reliability. In some cases the data is estimated. The accuracy or reliability of the same are not the responsibility of the MINING POLICY SECRETARIAT. For more information on the legal, social and / or environmental status of the projects, interested parties should consult the correspondingprovincial authorities since the mines are private assets of the Nation or of the Provinces, depending on the territory in which they are located (according to Articles 124 and 75 subsection 12 of the NATIONAL CONSTITUTION, and Article 7 and concordant of the NATION MINING CODE, approved by Law No. 1919).The MINING POLICY SECRETARIAT is not responsible for the misuse of this information.

4

Project StageIt is the stage of recognition of mineralization in the field. Common activities include:satellite and aerial imaging studies, aerial and field geological, geochemical andgeophysical prospecting, determination of target drilling areas. Early explorationprojects are the most risky projects in mining activity.

Advanced exploration projects have clearly defined mineral resources withreasonable prospects for developing mining operations (ranging from thedefinition of Inferred Resources to Proved Reserves).

It is that exploration that is carried out in deposits near or adjacent to amine that is already operating. The main objective is to expand theinventory of resources to achieve the optimization of mining operations byincreasing their useful life. The risk in this type of exploration is considerablylower than in the previous ones due to two main factors:1- It has basic geological information and is done in proven mineralizedareas2-The facilities to extract and process the ore have already been built andamortized, the additional cost of capital to process the new ore found isvery low.

•ADVANCED EXPLORATION

•PEA

•PREFEASIBILITY

•FEASIBILITY

•EXTENSION

•OPERATION

•PROSPECTING

•INITIAL EXPLORATION

Early Stages /

Grassroot /

Greenfield base

Advanced Stages /

Late Stage and

Feasibility

Advanced Greenfield

(Brownfield)

Mining Operations

Mine site

(Brownfield)

Exploration Type Definition

Reso

urc

es

Defi

nit

ion

Res

erv

es

Defi

nit

ion

Stages of a ProjectStatus classification criteria for mining projects

01 -10- 2019


5

Resources and Reserves - DefinitionsCRIRSCO

In order to talk about reservations we need to include modifying factors.

Environmental, social, governmental permits and tighter economic issues

are considered. Both indicated and measured resources can be used to be

evaluated.

PROBABLE RESERVATIONS: It is the economically exploitable part of an

Indicated Mineral Resource and in some circumstances Measured Mineral

Resource. Includes dilution materials and tolerances for losses that may

occur when the material is exploited. Appropriate assessments have been

carried out, which may include feasibility studies, and include the

consideration of reasonably assumed modifying factors in mining,

metallurgical, economic, marketing, legal, environmental, social and

governmental. These evaluations show as of the date the report is

submitted that the extraction could be reasonably justified.

PROVEN RESERVES: It is the economically exploitable part of a Measured

Mineral Resource. The rest is the same as in the previous case. FOR YOUR

CALCULATION ONLY THE MEASURED RESOURCES ARE USED. THE

PROVENED RESERVATIONS WILL BE THOSE THAT WERE QUANTIFIED

(MEASURED RESOURCES), AND THAT ARE IN CONDITIONS OF BEING

REMOVABLE WITHOUT SOCIAL, LEGAL, ENVIRONMENTAL,

GOVERNMENTAL, GOVERNMENTAL IMPEDIMENT.

INFERED RESOURCES: They are evaluated based on purely geological studies,

local mapping, analysis of perforation samples, hand samples, indirect studies

such as geophysics, magnetometry etc ... IT IS INFECTED ACCORDING TO

THESE RESULTS A MINERALIZED BODY, BUT DUE TO DENSITY OF

INFORMATION AND TYPE OF DEPOSIT, YOU CANNOT ASSURE THE SPACE

CONTINUITY OF MINERALIZATION OR THE DISTRIBUTION OF LAWS.

INDICATED RESOURCES: We go from inferred to indicated, increasing the

density of information (perforations closer to each other, spaces are covered

and ensuring the continuity of mineralized bodies). Here tonnage, density,

shape, physical characteristics, grade and mineral content can be estimated

with a reasonable level of confidence. The locations are too spaced or their

spacing is inappropriate to confirm geological and / or law continuity, but it is

spaced close enough so that continuity can be assumed

MEASURED RESOURCES: We go from Resources indicated to Measured with a

density of information that allows us to make a modeling of the reasonably

true mineralized bodies (the surveys are spaced with sufficient proximity to

confirm geological and / or law continuity).

CRIRSCO - 2011 Standard Definitions

IDENTIFIED RESOURCES: contemplates all the estimated resources for a

project. (Measured Resources + Indicated + Inferred)

01 -10- 2019


6

MINING OPERATIONS

Mining Operation Main Product Province Actual Status

Puna Operation Silver Jujuy Production

Aguilar Lead Jujuy Production

Tincalayu Boratos Salta Production

Farallón Negro Gold Catamarca Production

Veladero Gold San Juan Production

Gualcamayo Gold San Juan Production

San José Silver Santa Cruz Production

Cerro Negro Gold Santa Cruz Production

Don Nicolás Gold Santa Cruz Production

Cerro Moro Gold Santa Cruz Production

Cerro Vanguardia Gold Santa Cruz Production

Mina Martha Silver Santa Cruz Production

Río Turbio Coal Santa Cruz Production

Casposo Silver San Juan Care and Maintenance

Cap-Oeste Gold Santa Cruz Care and Maintenance

Fenix Lithium Catamarca Production + Expansion

Manantial Espejo Silver Santa Cruz Production + Expansion

Olaroz Lithium Jujuy Production + Expansion

Cauchari-Olaroz Lithium Jujuy Construction

Centenario-Ratones Lithium Salta Construction

Lindero Gold Salta Construction

Andacollo Gold Neuquén Construction

01 -10- 2019Lithium and metal mining operations and projects


7

PORTFOLIO OF ADVANCED PROJECTS

Project Main Product Province Actual StatusSalar del Rincón Lithium Salta Feasibility

Sal de Vida Lithium Catamarca Feasibility

Potasio Río Colorado Potassium Mendoza Feasibility (Inactive)

Suyai Gold Chubut Feasibility (Inactive)

Agua Rica Copper Catamarca Prefeasibility

Tres Quebradas Litihium Catamarca Prefeasibility

Josemaría Copper San Juan Prefeasibility

Filo del Sol Copper San Juan Prefeasibility

San Jorge Copper Mendoza Prefeasibility (Inactive)

El Pachón Copper San Juan Reengineering

Lama Gold San Juan Reengineering

Cauchari Lithium Jujuy Prefeasibility

Salar del Rincón - Argosy Lithium Salta Preliminary Economic Assessment

El Quevar Silver Salta Preliminary Economic Assessment

Pastos Grandes Litihium Salta Feasibility

PPG Litihium Salta Preliminary Economic Assessment

Taca Taca Copper Salta Preliminary Economic Assessment

Mariana Litihium Salta Preliminary Economic Assessment

Sal de Los Ángeles Lithium Salta Preliminary Economic Assessment

Diablillos Silver Salta Preliminary Economic Assessment

Los Azules Copper San Juan Preliminary Economic Assessment

Navidad Silver Chubut Preliminary Economic Assessment

Laguna Salada Uranium Chubut Preliminary Economic Assessment

Salar del Hombre Muerto Norte Lithium Catamarca Preliminary Economic Assessment

Taguas Gold San Juan Preliminary Economic Assessment

Amarillo Grande Uranium Río Negro Preliminary Economic Assessment

01 -10- 2019


8

Mining Operation Main Product Provincie Actual StatusRincón Lithium Salta Advanced Exploration

Calcatreu Gold Río Negro Advanced Exploration (PFSD in process)

Pular Lithium Salta Advanced Exploration

Gallego Lithium Salta Advanced Exploration

Río Grande (Li) Lithium Salta Advanced Exploration

Rio Grande (Cu) Cobre Salta Advanced Exploration

Sal de Oro Lithium Salta Advanced Exploration

Don Otto Uranio Salta Advanced Exploration

Kachi Lithium Catamarca Advanced Exploration

Jagüelito Gold San Juan Advanced Exploration

Del Carmen Gold San Juan Advanced Exploration

Valle de Chita Cobre San Juan Advanced Exploration

Altar Cobre San Juan Advanced Exploration

Cerro Blanco Cobre San Juan Advanced Exploration

Sierra Pintada Uranio Mendoza Advanced Exploration

Don Sixto Gold Mendoza Advanced Exploration

Potasio Potasio Neuquén Advanced Exploration

Cerro Solo Uranio Chubut Advanced Exploration

Meseta Central Uranio Chubut Advanced Exploration

Laguna Colorada Uranio Chubut Advanced Exploration

Lejano Plata Santa Cruz Advanced ExplorationVirginia Plata Santa Cruz Advanced Exploration

Las Calandrias Gold Santa Cruz Advanced Exploration

La Josefina Gold Santa Cruz Advanced Exploration

Pingüino Gold Santa Cruz Advanced Exploration

La Manchuria Gold Santa Cruz Advanced Exploration

San Roque Gold Río Negro Advanced Exploration

La Providencia Silver, Copper Jujuy Advanced Exploration

ADVANCED PROJECTS01 -10- 2019


9

ADVANCED EXPL.

PEA

PREFEASIBILITY

FEASIBILITY

REENGINEERING

CONSTRUCTION

SUMMARY OF PROJECT STATUS

16

7a

2

5b

6c

13

26

>250 a) 3 extensions

b) 2 inactives

c) 1 inactive

PRODUCTION

Prospection

&

Initial Exploration

01 -10- 2019


10

INITIAL EXPLORATION PROJECTS

Province Tipe of Prospects and Projects Main ElementsNumber of

Projects

CATAMARCAAssociated to Sediments / Epithermal and transition /

Type Porphyry / Metasomatic / PegmatiticLi, Cu, Au, Ag, Mo, Sn, K 17

CHUBUTEpithermal and transitional /

Associated with mafic and ultramafic rocks

Ag, Au, Pb, Zn, Cu, Mo,

EGP 8

JUJUYAssociated with subaerial volcanism / Epithermal and transitional /

Veins and gaps / Pleasure and sediment / Associated with sediments.

Li, Ag, Pb, Zn, Sn, B, Cu,

Au, K 21

LA RIOJAEpidermal and transition / SEDEX and VMS / Porphyry Type / Veins and

gaps / Metasomatic / Metamorphic / Associated with sediments

Au, Cu, Ag, Zn, Pb, Sn, Sb,

U, Co, Grafito 23

MENDOZAEpithermal and transition / Porphyry Type / Associated with sediments /

Metasomatic / SEDEX and VMS

Cu, Au, Ag, Mo, Fe, Ni, Co,

U, K 19

NEUQUENAssociated with sediments / Epithermal and transition / Porphyry Type /

MetasomaticAu, Ag, Cu, Pb, V, Mn, Fe 19

RÍ•O NEGROEpithermal and transition / Associated with granitoids / Associated with

sediments

Cu, Au, Mo, Ag, Pb, Zn, In,

W, U, Carbón 17

SALTAPorphyry Type / Associated with sediments / Epithermal and transition /

Pegmatitic Deposits

Li, Cu, Au, Ag, K, B, Fe,

Nb, Ta, Cs, Rb, Mn, Zn, Ba 34

SAN JUAN

Porphyry Type / Epithermal and transition / Veins and gaps / Associated

with sediments / Associated with granitoids / Metasomatic / SEDEX and

VMS

Cu, Au, Ag, As, Mo, Pb, Zn,

Co, Bi 85

SANTA CRUZ Epithermal and transition Au, Ag 26

Total 269

01 -10- 2019


11

Li AgCu Au

6 ADVANCED

PROJECTS

20 ADVANCED

PROJECTS

10 ADVANCED

PROJECTS

14 ADVANCED

PROJECTS

Ident. Res. 93 Mt LCE

CAPEX 4.300 M USD

Additional Potential Prod.

LCE 334 Kt/year

2 OPERATIONS (both in Enlargement)

2 CONSTRUCTION

10 PEA a DFS

6 ADV. EXPL

5 PFSB a DFS

2 PEA

3 ADV. EXPL

5* OPERATIONS

3 PEA

2 ADV. EXPL.

8* OPERATIONS

2 CONSTRUCTION

4 PEA a DFS

8 ADV. EXPL

Ident. Res. 66,5 Mt Cu

CAPEX 19.255 M USD

Additional Potential Prod. Cu

1.219 kt/year

Au 702 Koz/year

Ag 15 M oz/year

Mo 18 kt/year

Ident. Res. 14,3 Moz Au

CAPEX 2.696 MUSD

Additional Potential Prod. Au

481 koz/year

Ag 13,3 Moz/year

Ident. Res. 4.530 Moz Ag

CAPEX 1.390 M USD

Additional Potential Prod. Ag

28 Moz/year

Au 42 koz /year

Cauchari Olaroz, JujuyAgua Rica, Catamarca Lindero, Salta Manantial Espejo, Santa Cruz

*1 of them are maintenance *1 of them are

maintenance

MAIN COMMODITIES 01 -10- 2019

Mt: millions of tons - Moz: millions of ounces Kt: thousand of tons - kOz: thousand of ounces MUSD: Millions of USD

This publication of the National Government aims to display information from third parties on the exploratory results of advanced projects and the mining geological potential of the country. The information is obtained through diverse sources, mainly from public access portals of the operating / controlling companies and from technical reports

published by them on various web pages under international standards aimed at guaranteeing a greater degree of reliability. In some cases the data is estimated. The accuracy or reliability of the same are not the responsibility of the MINING POLICY SECRETARIAT. For more information on the legal, social and / or environmental status of the

projects, interested parties should consult the corresponding provincial authorities since the mines are private assets of the Nation or of the Provinces, depending on the territory in which they are located (according to Articles 124 and 75 subsection 12 of the NATIONAL CONSTITUTION, and Article 7 and concordant of the NATION MINING

CODE, approved by Law No. 1919).

The MINING POLICY SECRETARIAT is not responsible for the misuse of this information.

12

ADVANCED PROJECTS OF ARGENTINE COPPERTaca Taca

Pachón

Altar

Los Azules

Agua Rica

Josemaría

Filo del Sol

Valle de Chita

COPPER

GOLD

SILVER

MOLYBDENUM

• PACHÓN

• AGUA RICA

• JOSEMARÍA

• FILO DEL SOL

• SAN JORGE

• TACA TACA

• LOS AZULES

7

•ALTAR

•VALLE DE CHITA

•CERRO BLANCO310 ADVANCED PROJETS

Río Grande

San Jorge

PEA to FEASIBILITY

ADVANCED EXPLORATION

>30 INITIAL EXPLORATION PROJECTS

01 -10- 2019


13

14

COMPANY PROJECTIDENTIFIED RESOURCES

COPPER (kt) GOLD (koz) SILVER (koz) MOLI (kt) Province

San Juan

San Juan

Salta

San Juan

Catamarca

San Juan

San Juan

Mendoza

Salta

San Juan

San Juan

Reserves & Resources Meas+Indicated Inferred Resources

Mt: millions of tons - Moz: millions of ounces Kt: thousand of tons - kOz: thousand of ounces

01 -10- 2019






15

Project Company Province StatusTonnage

(Mt)

Metal Content

(Reserves & Resources (Meas + Ind))Tonnage

(Mt)

(Inf)

Metal Content (Inferred Resources)

Cu (Mt) Au (Moz) Ag (Moz) Mo (kt) Cu (Mt) Au (Moz) Ag (Moz) Mo (kt)

Taca Taca Salta PEA 2.165 9,6 5,6 -

279 921 3,4 1,57 - 107

Agua Rica Catamarca Prefeasibility 1.365 6,3 8,3 115,8 404 743 1,7 2,15 38,7 223

Josemaría San Juan Prefeasibility 1.166 3,3 7,99 35,88 - 404 0,97 1,99 10,5 -

Filo del Sol San Juan Prefeasibility 684 2,4 4,4 146,2 - 175 0,48 1,86 34,9 21

Valle de Chita San Juan Advanced

Exploration33 0,14 0,07 2,4 6 8,5 0,034 0,02 0,48 1,4

Los Azules San Juan PEA 962 4,6 1,7 55,7 26 2.666 8,75 3,8 135,4 88

Altar San Juan Advanced

Exploration2.044 6,58 5,23 62,79 - 556,5 1,55 1,09 15,70 -

Pachón San Juan Feasibility 1.590 8,8 - 109,1 186 1.528 6,4 - 88,4 138

Río Grande SaltaAdvanced

Exploration14,1 0,042 0,16 - 8,2 0,02 0,074 3,6

San Jorge Mendoza Prefeasibility 273 1,4 1,2 - - 111,2 0,043 0,06 - -

Total 10.296 43,16 34,65 527,87 901 7.121 23,35 12,6 327,68 578,4

Resources identified in more advanced copper projects in Argentina

Mt: millions of tons - Moz: millions of ounces

Kt: thousand of tons - koz: Thousand of ounces

01 -10- 2019






16

Taca Taca

Pachón

Altar

Los Azules

Agua Rica

Project Company Province StatusCAPEX

(M USD)

Projected Installed Capacity

Cu

kt /year

Au

koz/yearAg

koz/year

Mo

t/year

Taca Taca Salta PEA 3.005 244 110 - 4.100

Agua Rica Catamarca Prefeasibility 2.386 155 e 102,4 e 1.400 e 5.200 e

Josemaría San Juan Prefeasibility 2.761 123 232 791 -

Filo del Sol San Juan Prefeasibility 1.270 67 159 8.653 -

Los Azules San Juan PEA 2.363 153 35 1.200

Altar San JuanAdvanced

Exploration3.000 e 127 e 24 e - -

Pachón San Juan Reengineering 4.100 280 - 3.000 9.000

San Jorge MendozaPrefeasibility

370 40 40 - -

Total 19.255 1.189 702,4 15.044 18.300

Josemaría

Filo del Sol

Most advanced copper projects ArgentinaProjected Installed Capacity

Copper

Gold

Silver

Molybdenum

Kt: thousand of tons - koz: Thousand of ounces - MUSD: Millions of USD

San Jorge

01 -10- 2019






17

Metal

Metal Content

( Identified

Resources)

Producción Anual

Estimada

Copper 66,5 Mt 1,19 Mt/year

Gold 47,3 Moz 702 Koz/year

Silver 855,5 Moz 15 Moz/year

Molybdenum 1,48 Kt 18 Kt/year

Total CAPEX: 19.255 MUSD

Taca Taca

Pachón

Altar Los Azules

Agua Rica

Josemaría

Filo del Sol

Valle de Chita

Copper

Gold

Silver

Molybdenum

Río Grande

San Jorge

Most advanced copper projects Argentina

General Summary

01 -10- 2019

Mt: millions of tons - Moz: millions of ounces Kt: thousand of tons - kOz: Thousand of ouncesMUSD: Millions of USD






Gold in

Argentina

Lindero, Salta – Fortuna Silver

01 -10- 2019






18

This national government publication aims to show information about the exploratory results of the most advanced projects and the geological mining potential of the country. The information is obtained through various sources, mainly from the public access portals of the operating / controlling companies and from technical reports published by them on various pages that require international standards to guarantee a greater

degree of reliability. In some cases the data are marked as estimates (e) because an approximation of them has been made. The accuracy or reliability of the data is not the responsibility of the Ministry of Mining Policy. For more information on the legal, social and / or environmental status of the projects, interested parties should consult the corresponding provincial authorities. The bases for prospective, exploratory and

extractive mining activities are established in the National Mining Code (CNM), its law 1919- and its amendments law 24.224 / 1993, law 24498/1995, law 24585/1995 and law 27111/2015. According to the Mining Legislation and the Mining Code of Argentina, about the Domain of the mines (Article 7 to 12), these are private goods of the Nation or of the Provinces, according to the territory in which they are. There are provincial

procedures and laws that establish the terms and specifications required for each provincial state in regard to mining activity. In general terms, every application or permit has a legal basis, and a procedure established by the competent provincial authority. As a Federal country, each province has its legal framework to grant the permits required for the development of mining activity in all its stages. In Argentina, some provinces

have particular regulations and prohibitions regarding such activity whose knowledge is a civil responsibility. The Ministry of Mining Policy is not responsible for the use of this information for other purposes.

ADVANCED GOLD PROJECTS IN ARGENTINA•VELADERO

•CERRO VANGUARDIA

•CERRO NEGRO

•CERRO MORO

•DON NICOLÁS

•FARALLÓN NEGRO

•GUALCAMAYO

•CAP. OESTE* (Care & Maintenance)

8*

•LINDERO

•ANDACOLLO2•LAMA

•TAGUAS

•SUYAI

•CALCATREU4

•DEL CARMEN

•DON SIXTO

•JAGUELITO

•LA JOSEFINA

•LA MANCHURIA

•LAS CALANDRIAS

•PINGÜINO

•SAN ROQUE

8

14 ADVANCED PROJECTS

OPERATIONS

CONSTRUCTION

PEA A REENGINEERING

ADVANCEDEXPLORATION

>100 INITIAL EXPLORATION

Suyai

Lindero

Andacollo

Don Sixto

Taguas

Lama

Calcatreu

La Josefina

Del CarmenJagüelito

San Roque

La Manchuria

Pingüino

Las Calandrias

01 -10- 2019

COPPER

GOLD

SILVER

ZINC

LEAD


19


GOLD (koz) SILVER (Moz) Province

SAN JUAN

CHUBUT

SALTA

MENDOZA

RÍO NEGRO

SAN JUAN

SAN JUAN

RÍO NEGRO

SANTA CRUZ

SAN JUAN

SANTA CRUZ

SANTA CRUZ

SANTA CRUZ

NEUQUÉN

01 -10- 2019

Resources and Reserves Meas+Indic. Inferred Resources

Mt: millions of tons - Moz: millons of ounces Kt: thousand of tons - koz: thousand of ounces


20

Project Company Province StageCAPEX

(MUSD)Planned Installed Capacity

Au Oz/year Ag Oz/year

Andacollo Neuquén Construcción 42 30.000 -

Lindero Salta Construcción 295 96.000

Taguas San Juan PEA 92,8 41.000 902.300

Lama San Juan Reingeniería 1.200 140.000e12.600.000e

Calcatreu Río NegroExploraciónAvanzada -

Reingeniería66 72.000 675.000

Total 2.695,8 379.000 14.177.300

Lindero

Andacollo

Taguas

Lama

Calcatreu

01 -10- 2019

More advanced GOLD projects ArgentinaProjected Installed Capacity

GOLD

SILVER

Mt: millions of tons - Moz: millions of ounces

Kt: Thousand of tons - koz: thousand of ouncesMUSD: Millions of USDE: Estimated Values


21

Metal

Metal Content

(Identified Resources) Estimated Annual

Production

Gold 14,3 Moz 370 Koz/year

Silver 398 Moz 14,2 Moz/year

Total CAPEX: 2.695,8 MUSD Suyai

Lindero

Andacollo

Don Sixto

Taguas

Lama

Calcatreu

La Josefina

Del CarmenJagüelito

San Roque

La Manchuria

Pingüino

Las Calandrias

01 -10- 2019

Mt: millions of tons - Moz: millions of ounces Kt: thousand of tons - kOz: thousand of ounces MUSD: Millions of USD

More advanced GOLD projects Argentina

General Summary


22

Silver in

Argentina

01 -10- 2019






•CASPOSO (Cuidado & Mantenimiento)

•PUNA OPERATIONS• (CHINCHILLAS-PIRQUITAS)

•SAN JOSÉ

•MANANTIAL ESPEJO * (Ampliación de vida útil)

•MINA MARTHA (Reapertura)

•AGUILAR (Pb-Zn primary, Ag)

6*

• EL QUEVAR

• NAVIDAD

• DIABLILLOS3

• VIRGINIA

• LEJANO

• La Providencia3

El Quevar

Navidad

Lejano

Virginia

Diablillos

6* ADVANCED PROJECTS

OPERATIONS &

EXTENSIONS

PEA

ADVANCED

EXPLORATION

8 INITIAL EXPLORATION

* 1 Enlargement of LOM

ADVANCED SILVER PROJECTS IN ARGENTINA

01 -10- 2019


24


SILVER (Moz) GOLD (oz) LEAD (Kt) Province

CHUBUT

SALTA

SALTA

SANTA CRUZ

SANTA CRUZ

01 -10- 2019

Reserves & Resources (Meas.+Indic.) Inferred Resources

Mt: millions of tons - Moz: millons of ounces Kt: thousand of tons - koz: thousand of ounces


25

El Quevar

Navidad

Lejano

Virginia

PROJECT COMPANY Province StageCAPEX

(M USD)

Annual projected capacity

Cu

t /year

Au

Oz/year

Ag

Oz/year

Pb

t/year

NavidadChubut PEA 1.000 1.070 s/d 16.200.000 37.150

DiablillosSalta PEA 293 s/d 42.000 6.800.000 s/d

El QuévarSalta PEA 97 s/d s/d 4.837.000 s/d

Total 1.390 1.070 42.000 27.837.000 37.150

Diablillos

01 -10- 2019

More advanced SILVER projects Argentina

Projected Installed Capacity

Mt: millions of tons - Moz: millions of ounces Kt: Thousand of tons - koz: thousand of ounces MUSD: Millions of USD


26

Metal Content

Metal C

(Identified Resources) Estimated Annual

Production

Silver 4.530 Moz 27,8 Moz/year

Gold 49 Moz 42 koz/year

Copper 71,3 kt 1 kt/year

Lead 1,3 Mt 37.150 t/year

Total CAPEX: 1.390 MUSD

El Quevar

Navidad

Lejano

Virginia

Diablillos

More advanced SILVER projects Argentina

General Summary

01 -10- 2019

Mt: millions of tons - Moz: millions of ounces Kt: Thousand of tons - koz: thousand of ounces MUSD: Millions of USD


27

Lithium in

Argentina

Pastos Grandes, Salta – Millenial Lithium

01 -10- 2019






28

29

•OLAROZ

• FÉNIX2•OLAROZ EXPANSION

• FENIX EXPANSION

•CAUCHARI-OLAROZ

•CENTENARIO RATONES4• SAL DE VIDA

• SALAR DEL RINCÓN (STAND BY)

• TRES QUEBRADAS

•CAUCHARI

•MARIANA

•PASTOS GRANDES

•PPG

• SAL DE LOS ÁNGELES

• SALAR DEL RINCÓN (Argosy)

• SALAR DEL HOMBRE MUERTO NORTE

10

•SAL DE ORO

•RINCÓN (Pepinnini)

•PULAR

•Río Grande

•GALEGO PROJECT

•Kachi

6

Advanced Lithium Operations and Projects

20 ADVANCED PROJECTS

OPERATIONS

PEA a DFS

ADVANCED

EXPLORATION

> 40 Early projects

CONSTRUCTION

Esri, HERE, Garmin, (c) OpenStreetMap contributors, and the GIS user community; Sources: Esri, HERE,

Garmin, Intermap, increment P Corp., GEBCO, USGS, FAO, NPS, NRCAN, GeoBase, IGN, Kadaster NL,Ordnance Survey, Esri Japan, METI, Esri China (Hong Kong), (c) OpenStreetMap contributors, and the GISUser Community

SALTA

CATAMARCA

1

2

3

4

5

67

1- OLAROZ

2- CAUCHARI

3- CAUCHARI - OLAROZ

4- SALAR DEL RINCON- ARGOSY

5- SALAR DEL RINCON

6- PASTOS GRANDES

PROYECTOS

ESTADOS

Ciudades

Ruta Nacional

Ruta Provincial

Gasoductos

Evaluación EconómicaPrevia

Exploración Avanzada

Factibilidad

RE

PU

BL

ICA

DE

CH

ILE

JUJUY

OPERACIONES Y PROYECTOS AVANZADOS DE LITIO

8

9

7- PPG

8- PULAR

0 100 20050 km

3

10

11

1213

14 15

1617

18

199- CENTENARIO-RATONES

10- GALLEGO

11- MARIANA

12- RIO GRANDE

13- SAL DE ORO

14- SALAR DEL H MUERTO NORTE

15- SAL DE LOS ANGELES

16- SAL DE VIDA

17- FENIX

18- KACHI

19- TRES QUEBRADAS

Mina

SIMBOLOGIA

Construcción

REPUBLICA DE BOLIVIA

Prefactibilidad

Ferrocarril

ADVANCED LITHIUM OPERATIONS AND PROJECTS

1- OLAROZ

2- CAUCHARI


4- SALAR DEL RINCON-ARGOSY

5- SALAR DEL RINCON

6- PASTOS GRANDES

PROJECTS

STATUS

Cities

National road

Provincial road

Pipelines

PEA

Advanced Exploration

Feasibility

7- PPG

8- PULAR


10- GALLEGO

11- MARIANA

12- RIO GRANDE13- SAL DE ORO

14- SALAR DEL H MUERTONORTE


16- SAL DE VIDA17- FENIX18- KACHI

19- TRES QUEBRADAS

Operation

REFERENCES

Construction

Pre-feasibility

Railway

01 -10- 2019Thispublicationof

theNationalGovernmen

taimsto

displayinform

ationfrom

thirdparties

ontheexploratory

resultsof

advancedprojectsandthemininggeologicalpotentialofthecountry.Theinform

ationisobtained

through

diverse

sources,mainly

from

public

access

portalsoftheoperating/controllingcompaniesandfrom

technical

reportspublished

bythem

onvariousweb

pagesun

der

international

standardsaimed

atguaranteeingagreaterdegreeof

reliability.In

somecasesthedataisestimated

.Theaccuracy

orreliability

ofthesamearenottheresponsibility

oftheMININGPOLICYSECRETARIAT.Formore

inform

ationonthelegal,

socialand/oren

vironmen

talstatusoftheprojects,interested

parties

shou

ldconsultthecorrespondingprovincialauthorities

since

themines

areprivate

assetsof

theNationoroftheProvinces,dep

endingontheterritory

inwhichthey

arelocated(accordingto

Articles124and75

subsection12

oftheNATIONALCONSTITUTION,andArticle7andconcordantoftheNATIONMININGCODE,approvedbyLawNo.1919).

TheMININGPO

LICYSECRETARIATisnotresponsibleforthemisuse

ofthisinform

ation.

Advanced Lithium projects

Advanced Projects in 23 salars: 2 Mining Operations, both in Expansion 2 Construction Operations 16 projects from Feasibility to Advanced Exploration > 40 Early Exploration Projects

Reserves and Resources Lithium 2°Trim. 2019

Reserves Proven & Probable 9,5 Mt LCE

Resources Measured + Indicated 63,8 Mt LCE

Inferred Resources 29,1 Mt LCE

Total Identified Resources 92,9 Mt LCE

The Mineral Resource/Reserve estimates listed here were reported in accordance with accepted internationalreporting standards (NI-43-101, JORC)

01 -10- 2019



SALTA

CATAMARCA

1

2

3

4

5

67

1- OLAROZ

2- CAUCHARI



5- SALAR DEL RINCON

6- PASTOS GRANDES

PROYECTOS

ESTADOS

Ciudades

Ruta Nacional

Ruta Provincial

Gasoductos



Factibilidad

RE

PU

BL

ICA

DE

CH

ILE

JUJUY


8

9

7- PPG

8- PULAR

0 100 20050 km

3

10

11

1213

14 15

1617

18


10- GALLEGO

11- MARIANA

12- RIO GRANDE

13- SAL DE ORO



16- SAL DE VIDA

17- FENIX

18- KACHI

19- TRES QUEBRADAS

Mina

SIMBOLOGIA

Construcción


Prefactibilidad

Ferrocarril


1- OLAROZ

2- CAUCHARI



5- SALAR DEL RINCON

6- PASTOS GRANDES

PROJECTS

STATUS

Cities

National road

Provincial road

Pipelines

PEA


Feasibility

7- PPG

8- PULAR


10- GALLEGO

11- MARIANA





19- TRES QUEBRADAS

Operation

REFERENCES

Construction

Pre-feasibility

Railway

Thispublicationof

theNationalGovernmen

taimsto

displayinform

ationfrom

thirdparties

ontheexploratory

resultsof

advancedprojectsandthemininggeologicalpotentialofthecountry.Theinform

ationisobtained

through

diverse

sources,mainly

from

public

access

portalsoftheoperating/controllingcompaniesandfrom

technical

reportspublished

bythem

onvariousweb

pagesun

der

international

standardsaimed

atguaranteeingagreaterdegreeof

reliability.In

somecasesthedataisestimated

.Theaccuracy

orreliability

ofthesamearenottheresponsibility

oftheMININGPOLICYSECRETARIAT.Formore

inform

ationonthelegal,

socialand/oren

vironmen

talstatusoftheprojects,interested

parties

shou

ldconsultthecorrespondingprovincialauthorities

since

themines

areprivate

assetsof

theNationoroftheProvinces,dep

endingontheterritory

inwhichthey

arelocated(accordingto

Articles124and75

subsection12

oftheNATIONALCONSTITUTION,andArticle7andconcordantoftheNATIONMININGCODE,approvedbyLawNo.1919).

TheMININGPO

LICYSECRETARIATisnotresponsibleforthemisuse

ofthisinform

ation.

31

66

91

239

245

479

571

1866

2044

2075

2190

3555

4399

4446

4918

5157

6300

6437

6922

7948

9890

23073

Salar Del Rincón (Pepinnini Minerals Ltd)

Gallego

Salinas Grandes

Rincón Lithium (Argosy)

Proyecto Pular

Salar Del Hombre Muerto Norte II

Mariana

Sal de Los Angeles

Sal de Oro

Río Grande litio

PPG (Pozuelos Pastos Grandes)

Kachi

Fénix

Pastos Grandes

Sal de Vida

Caucharí

Salar de Olaróz

Tres Quebradas (3Q)

Salar del Rincón (Rincón Mining Ltd)

Salar de Centenario - Ratones

Caucharí - Olaroz

Reserves & Resources Meas. + Indic. Inferred Resources

Distribution of Identified Resources in Argentinaby Project (Kt LCE)

01 -10- 2019

Kt: thousand of tons



SALTA

CATAMARCA

1

2

3

4

5

67

1- OLAROZ

2- CAUCHARI



5- SALAR DEL RINCON

6- PASTOS GRANDES

PROYECTOS

ESTADOS

Ciudades

Ruta Nacional

Ruta Provincial

Gasoductos



Factibilidad

RE

PU

BL

ICA

DE

CH

ILE

JUJUY


8

9

7- PPG

8- PULAR

0 100 20050 km

3

10

11

1213

14 15

1617

18


10- GALLEGO

11- MARIANA

12- RIO GRANDE

13- SAL DE ORO



16- SAL DE VIDA

17- FENIX

18- KACHI

19- TRES QUEBRADAS

Mina

SIMBOLOGIA

Construcción


Prefactibilidad

Ferrocarril


1- OLAROZ

2- CAUCHARI



5- SALAR DEL RINCON

6- PASTOS GRANDES

PROJECTS

STATUS

Cities

National road

Provincial road

Pipelines

PEA


Feasibility

7- PPG

8- PULAR


10- GALLEGO

11- MARIANA





19- TRES QUEBRADAS

Operation

REFERENCES

Construction

Pre-feasibility

Railway

This

public

ation

ofth

eN

ationalG

overn

mentaim

sto

dis

pla

yin

form

ation

from

third

part

ies

on

the

explo

rato

ryre

sults

of

advanced

pro

jects

and

the

min

ing

geolo

gic

alpote

ntialofth

ecountr

y.T

he

info

rmation

isobta

ined

thro

ugh

div

ers

esourc

es,

main

lyfr

om

public

access

port

als

of

the

opera

ting

/contr

olli

ng

com

panie

sand

from

technic

al

report

spublished

by

them

on

vari

ous

web

pages

under

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rnational

sta

ndard

saim

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ga

gre

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ecases

the

data

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ate

d.

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cy

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tyof

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eare

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the

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onsib

ility

of

the

MIN

ING

PO

LIC

Y

SE

CR

ET

AR

IAT

.F

or

more

info

rmation

on

the

legal,

socia

land

/or

environm

enta

lsta

tus

of

the

pro

jects

,in

tere

ste

dpart

ies

should

consult

the

corr

espondin

gpro

vin

cia

lauth

orities

sin

ce

the

min

es

are

private

assets

of

the

Nation

or

of

the

Pro

vin

ces,

dependin

gon

the

terr

itory

inw

hic

hth

ey

are

locate

d(a

ccord

ing

toA

rtic

les

124

and

75

subsection

12

of

the

NA

TIO

NA

LC

ON

ST

ITU

TIO

N,

and

Art

icle

7and

concord

antofth

eN

AT

ION

MIN

ING

CO

DE

,appro

ved

by

Law

No.1919).

The

MIN

ING

PO

LIC

YS

EC

RE

TA

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Tis

notre

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rth

em

isuse

ofth

isin

form

ation.

Mining Operations, Expansions and

Current Construction in Argentina• OPERATIONS EN 3 SALARES:

MINING OPERATIONS

OPERATION Company Production (2017)

Fénix FMC Lithium Corp 18.500 t LCE

Olaroz Orocobre + JEMSE 12.000 t LCE

2 OPERATIONS UNDER CONSTRUCTION

Project Company Capacidad anual Start year

Cauchari-Olaroz Lithium Americas +

Ganfeng + JEMSE40.000 t LCE 2021

Centenario Ratones Eramet 24.000 t LCE 2021

ANNOUNCED EXTENSIONS

OPERATION Company Capacity after extension

Fénix Livent Corp 28.500 t LCE (2021)

Olaroz Orocobre +Toyota + JEMSE 42.500 t LCE (2022)

"

"

"

""

"

"

"

"

"

Olaroz

Cauchari - Olaroz

Fénix

Centenario Ratones

Operations

Constructions

Extensions

01 -10- 2019T

his

public

ation

ofth

eN

ationalG

overn

mentaim

sto

dis

pla

yin

form

ation

from

third

part

ies

on

the

explo

rato

ryre

sults

of

advanced

pro

jects

and

the

min

ing

geolo

gic

alpote

ntialofth

ecountr

y.T

he

info

rmation

isobta

ined

thro

ugh

div

ers

esourc

es,

main

lyfr

om

public

access

port

als

of

the

opera

ting

/contr

olli

ng

com

panie

sand

from

technic

al

report

spublished

by

them

on

vari

ous

web

pages

under

inte

rnational

sta

ndard

saim

ed

at

guara

nte

ein

ga

gre

ate

rdegre

eof

relia

bili

ty.

Insom

ecases

the

data

isestim

ate

d.

The

accura

cy

or

relia

bili

tyof

the

sam

eare

not

the

resp

onsib

ility

of

the

MIN

ING

PO

LIC

Y

SE

CR

ET

AR

IAT

.F

or

more

info

rmation

on

the

legal,

socia

land

/or

environm

enta

lsta

tus

of

the

pro

jects

,in

tere

ste

dpart

ies

should

consult

the

corr

espondin

gpro

vin

cia

lauth

orities

sin

ce

the

min

es

are

private

assets

of

the

Nation

or

of

the

Pro

vin

ces,

dependin

gon

the

terr

itory

inw

hic

hth

ey

are

locate

d(a

ccord

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toA

rtic

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124

and

75

subsection

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of

the

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TIO

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LC

ON

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TIO

N,

and

Art

icle

7and

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antofth

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CO

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Tis

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ation.

Project Company Dimension Stage

Sal de los ÁngelesNextView New Energy Lion HK Ltd (Tibet)

25.000 t LCE Feasibility under study.Pilot plant under construct.

Sal de Vida Galaxy Resources Ltd 25.000 t LCEFeasibilityPilot Plan

Salar del Rincón Rincon Ltd25.000 t LCE 50.000 t LCE

FeasibilityModular pilot plant

Pastos Grandes Millennial Lithium 25.000 t LCEFeasibility.Pilot plant.

Tres Quebradas Neo Lithium Ltd 20.000 t LCEFeasibility under study.Pilot Plant 99.1% LCE

Sal de Oro Posco25.000 t LCE Adv. Explor.

Pilot plant under construct

33

Project Company Dimension Stage

Pozuelos – Pastos Grandes (PPG)

Litica - Pluspetrol 25.000 t LCE PEA under development

CauchariAdvantage Lithium Corp. (75%)+ Orocobre Limited

20.000 t LCEPrefeasibility

Rincon Lithium Project Argosy Minerals Ltd. (77,5%) + Privado10.000 t LCE PEA

MarianaInternational Lithium JV con Jiangxi Ganfeng Lithium Co. Ltd

10.000 t LCE PEA

Salar del HombreMuerto Norte II

NRG Metals5.000 t LCE PEA

Salinas Grandes LSC Lithium Corp Advanced Exploration

Salar de Pular Pepinnini Lithium Limited Advanced Exploration

Rincón Project Pepinnini Lithium Limited Advanced Exploration

Kachi Morena del Valle S.A. Advanced Exploration

Río Grande LSC Lithium Corp. Advanced Exploration

"

"

"

""

"

""

"

"

"

"

"

"

Olaroz

Cauchari - Olaroz

Fénix

Centenario - Ratones

Operation

Construction

Adv.Expl. - Feasibility

Initial Exploration

ADVANCED PROJECTS 01 -10- 2019T

his

public

ation

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eN

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overn

mentaim

sto

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yin

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ation

from

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part

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jects

and

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ing

geolo

gic

alpote

ntialofth

ecountr

y.T

he

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rmation

isobta

ined

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ugh

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ers

esourc

es,

main

lyfr

om

public

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als

of

the

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ting

/contr

olli

ng

com

panie

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on

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ous

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inte

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ING

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of

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espondin

gpro

vin

cia

lauth

orities

sin

ce

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min

es

are

private

assets

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Projects in Initial Exploration in 23 Salars and 4 Pegmatitic Districts01 -10- 2019

PROJECT PROVINCIA NOMBRE SALAR/DISTRITO PEGMATITICOSalar de Diablillos Catamarca Salar de Diablillos

Antofalla Catamarca Salar de Antofalla

Kachi Catamarca Salar Carachi- Pampa

Salar Escondido Catamarca Salar Carachi- Pampa

Hombre Muerto North Catamarca Salar del Hombre Muerto

Guayatayoc Jujuy Laguna Guayatayoc

Mina Teresa Jujuy Salinas Grandes

San José Jujuy Salinas Grandes

Navidad Jujuy Salinas Grandes

Olaroz/Cauchari Jujuy Salar de Olaroz-Cauchari

Paso Jujuy Salar de Jama

Jama Jujuy Salar de Jama

Salinas Grandes AdY Jujuy Salinas Grandes

Guayatoyoc Jujuy Laguna Guayatayoc

Olaroz Minera Santa Rita Jujuy Salar de Olaroz

Cauchari de Pastos Grandes SA Jujuy Salar de Caucharí

Guadalquivir Salta Salar Rio Grande

Pocitos Salta Salar de Pocitos

Rio Grande Salta Salar Rio Grande

Centenario Salta Salar Centenario

Stella Maris Salta Salinas Grandes

Cauchari Sur Salta Salar de Cauchari

Cruz Salta Salar de Pocitos

Salar de Arizaro Brine Salta Salar de Arizaro

Arizaro Salta Salar de Arizaro

Salar de Arizaro Salta Salar de Arizaro

Salar de Arizaro 2 Salta Salar de Arizaro

Tolillar Salta Salar Tolillar

Salar de Incahuasi Salta Salar de Incahuasi

Arizaro Salta Salar de Arizaro

Terra Cotta/Salar de Pocitos Salta Salar de Pocitos

Pastos Grandes Salta Salar de Pastos Grandes

Salar de Pular Lithea Inc Salta Salar de Pular

Salar Tolillar ADY Salta Salar Rio Grande

El Quemado Salta Distrito Pegmatítico El Quemado

Catamarca Catamarca Distrito Pegmatítico Ancasti

Vilisman - Ancasti Catamarca Distrito Pegmatítico Ancasti

Mina Las Cuevas San Luis Distrito Pegmatítico Conlara

La Estanzuela - Conlara San Luis Distritos Pegmatíticos La Estanzuela y Conlara

Mina Las Tapias Córdoba Distrito Pegmatítico Altautina/ Las Tapias

"

"

"

""

"

""

"

"

"

"

"

"

Olaroz

Cauchari - Olaroz

Fénix

Centenario - Ratones

Operation

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Adv.Expl. - Feasibility

Initial Exploration

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ationalG

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> 40 TARGETS BETWEEN

INITIAL EXPLORATION AND

PROSPECTION

Uranium in

Argentina

Amarillo Grande, Río Negro – Blue Sky Uranium

01 -10- 2019






Uranium Projects in Argentina

Proyecto Province Deposit TypeRAR tU ≤ USD

130/kgU

IR tU ≤ USD

130/kgU

Sierra Pintada (CNEA) Mendoza Volcanic-related 3.900 6.110

Cerro Solo (CNEA) Chubut Sandstone hosted 4.420 4.810

Don Otto (CNEA) Salta Sandstone hosted 130 300

Laguna Colorada (CNEA) Chubut Volcanic-related 100 60

Laguna Salada (U3O8

Corporation)Chubut Surficial 2.420 1.460

Meseta Central (UrAmerica

Ltd.)Chubut Sandstone hosted - 7,350

Subtotal 10.970 tU 20.090 tU

Total 31.060 tU

Other Published Sources (2018)

Project Province Exploration Type

Inferred Resources

Tonnage U (ppm)U Content

(lb)

U Content

(t)

Amarillo Grande Rio Negro Surficial/Sandstone

hosted

23.900.000 308 16.200.000 7.350

Fuente CNEA, 2016

Don Otto

Sierra Pintada

Amarillo Grande

Laguna Colorada Cerro Solo

Meseta Central

Laguna Salada

01 -10- 2019






portfolio of metalliferous, lithium and uranium mining ...cima.minem.gob.ar/assets/datasets/2019-11...

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