Geological Mining and Metallurgical Institute

Eng. Susana Vilca

Relevance of the Peruvian Geological Survey to

promote the mining sector

PERU IS RICH IN NATURAL RESOURCES BECAUSE OF ITS COMPLEX GEOLOGY AND RELIEF

PERUVIAN MINING POLICY

The primary objective of the Peruvian mining policy is rationally exploit the mineral resources, respecting the environment and creating conditions for the progress of Peru in a stable and harmonious environment for business and society Thereby, the State promotes the growth of mining and energy activities, promoting prevention and mitigation of environmental and social impacts to achieve sustainable development.

METAL MINING PRODUCTION

GEOLOGICAL SURVEY CONCESSIONS PROMOTER

Geological maps Geochemistry

Geophysics

Laboratory

ANAPs

GEOCATMIN Hydrogeology

Geoenvironmental baseline of river basin

Mining concessions

Mining cadastre

Validity right and penalty

Hazard assessment and vulcanology

Local communities

GEOLOGICAL SURVEY

CONCESSIONS

MINING CONCESSIONS AND CADASTRE, VALIDITY RIGHT AND PENALTY

INFORME TÉCNICO

INFORME TÉCNICO

INSCRIPCIÓN (OPCIONAL/TITULAR)

6 INFORME LEGAL

1

PETITORIO

PUBLICACIÓN (RELACIÓN DE TÍTULOS)

TÍTULO CONCESIÓN 3

PUBLICACIONES

DE CARTELES EN EL PERUANO Y EN UN DIARIO LOCAL

INFORME LEGAL

4 5 2

PROCEDURE FOR GRANTING MINING CONCESSIONS

1. 7 days to review the request and notify. 2. 30 business days to publish and 60 calendar days to applied. 3. 30 days to these reports. 4. Not less than 30 calendar days from the last publication. 5. First 15 days of the following month. 6. Consented the title (15 days of publication).

MINING RIGHTS

The time to obtained the mining rights is between 3 and 6 months

Source: 2013-2014, INGEMMET

Fuente: INGEMMET

DISTRIBUTION TO THE REGIONS FROM THE MAINTENANCE FEE PAYMENT

The headline should contribute to local sustainable development; promote environmental and social excellence; assumed compliance agreements; responsible relationship; contribute to employment and local economic development and or regional seeking diversification of economic activities within a framework of continuous and timely dialogue in accordance with the applicable rules of citizen participation .

Art. 1° del D. S. N° 042-2003-EM Modificado por D. S. N° 052-2010-EM

APPLICATION FOR MINING CONCESSION

Article 71 Regarding to property, aliens, whether they be natural or juridical persons, are in the same conditions as Peruvians. Therefore, in any case, they may in no instance invoke exception or diplomatic protection. However, within a distance of fifty kilometers from the borders, aliens may not acquire or possess under any title, directly or indirectly, mines, lands, woods, water, fuel or energy sources, whether it be individually or in partnership, under penalty of losing that so acquired right to the State. Sole exceptions are cases of public need expressly determined by executive decree approved by the Cabinet in accordance to the law.

MINING CONCESSIONS ALONG THE BORDERS

MINING ACTIVITY

No land concessions, land or any name that refers to those goods; no concessions other than the reservoir Natural Resources.

GENERAL MINING LAW Mining Concession: Content, Scope and Effects

Ley de Recursos Hídricos LEY Nº 29338

Article 9 .-Mining concession is a property distinct and separate from the property where it is located, corresponds to The State guarantee the right to own land, as established in the 70th and 88th articles of the Constitution of Peru.

Ley de Tierras LEY Nº 26505

GENERAL MINING LAW Mining Concession: Content, Scope and Effects

STATE CONTROL OF MINING ACTIVITIES

The mining concession area is distinct to the area where the exploration or exploitation are

Environmental Certification, permits, authorizations, licenses, etc. granted by competent authorities allow mining Exploration or Exploitation in the area where you will develop the "Mining Project".

CONCESION MINERA

MINING CONCESSIONS MINING ACTIVITY

Nº TIPO CANTIDAD DE DM DERECHOS MINEROS SUMA(Has.)

AREA DEL TERRITORIO NACIONAL(Has.)

% AREA SOLICITADA

1 EXPLORACION 835 403,459.0054 128,709,132.46 0.31

2 EXPLOTACION 4224 1,171,768.6031 128,709,132.46 0.91

2013: DERECHOS MINEROS CON ACTIVIDAD MINERA A NIVEL NACIONAL

MINING ACTIVITY IN PERU

ANAPS Prospect studies

On evaluation (2013-2014) 23,500 has

Next evaluation (2015-2016) 191,500 has

Final report (2014) 20,500 has

1

2

3

11

4

5

6

7

8

7

9

12

10

Total area: 235,500 has 11

9

1

2

3 4

5 6

7 12 8

10

PROMOTER ROLE

GEOENVIRONMENTAL BASELINE OF RIVER BASIN

INGEMMET AND LOCAL COMMUNITIES

http://geocatmin.ingemmet.gob.pe

1. Viewed in 100 countries on 5 continents. 2. More than 800,000 daily interactions. 3. Award for best practices in public management 2012. 4. 2013 ESRI Latin American Award.

PROMOTER ROLE

23 metallogenic belts

Complex Geology

Geological Potential and Metallogenic belts

The Carboniferous hydrothermal system: Au-Zn-Pb veins, phreatomagmatic breccia dykes with Au, As, Sb, Tl and Hg

9% of national Au production

Orogenic Au Vein Deposits

Tambogrande (Cu-Zn-Au-Ag)

Marcona (Fe-Cu-Au)

Winter (2008)

Perubar (Cu-Fe-Au)

VMS and IOCG Belts

7 km

IRON OXIDE Copper-Gold (IOCG) mineralization

Pampa del Pongo Project (2006) The Minera Cardero's reported 953 Mt @ 44.7% Fe and 0.12% Cu. The deposit is located at a depth of 400 m.

IRON OXIDE Copper-Gold (IOCG) mineralization

Veinlets

Disseminated

Gaps

Chalcopyrite skarn

Giant Porphyry Copper Deposits

Antamina mine (Cu-Zn-Ag): 12-9 Ma

Cerro Verde (Cu-Mo): 60-52 Ma

2 km 2 km

2 km 2 km

Toquepala (Cu-Mo-Au): 65-56 Ma

Antapaccay(Cu-Au-Ag): 32-29 Ma

Expansion Programs

Epithermal Deposits

Tantahuatay La Zanja Yanacocha

Lagunas Norte

Pierina

Antapite

Quicay

Orcopampa

Santa Rosa

Veinlets and breccias

Veinlets in andesites

vuggy silica

Epithermal Deposits

2 km

Cajamarca city

2 km

Epithermal: Sediment hosted distal

Cerro de Pasco Colquijirca

Milpo

Bongará

San Vicente

BASE METALS MOUNTAIN RANGE

MISSISSIPPI VALLEY (MVT)

San Vicente : Accumulated production and reserves are: >19 Mt @ 11% Zn and 0.8% Pb. Spangenberg et al. (1996)

OTHER ORE DEPOSITS

URANIUM

URANIO

Uranium Study Area

REE

Uranium – REE

stream sediment samples

AREAS FOR EXPLORATION

501 Quadrangles Scaled at 1/100,000

136 Geological Bulletins

National Geological Maps

Scale 1:50 000 Geological maps of Peru

Regional Geology

Total samples 2000-2010: 18,725 2010-2012: 22,252

Peruvian Andes Geochemistry (2014-2015)

Geochemistry

Geological mapping plan

Stream sediments geochemistry

to 2021

Published

2014

2015

2016-2021

1. INVENTORY OF SOURCES WATER

3. ZONING OF RESERVOIR ROCKS

2. EVALUATION OF QUALITY AND QUANTITY WATER

PRINCIPAL ACTIVITIES

Hydrogeology

Nonmetallic materials are investigated, reservoirs, distribution, properties, uses and marketing

Nonmetallic Potential

At present, there are 31 concession agreements on geothermal exploration addressed to 7 private partnerships.

2014: INGEMMET has started the geophysical and structural geology studies of the geothermal sources

Geothermal sources

Geological park baseline and Geotourism

We are contributing to the “Sustainable development” of all the regions in Perú