Heliconia Project

OWNERSHIP
A VALID APPLICATION FOR CONCESSION CONTRACT LIL-11291, BY WRIT #U20150001857 FROM JUNE 5, 2015, THE MINING AUTHORITY GRANTED THE CONTRACT.
LOCATION
MUNICIPALITIES OF ARMENIA, HELICONIA Y EBEJICO, ANTIOQUIA, COLOMBIA.
INFRASTRUCTURE
ROAD ACCESSIBLE – POWER GRID.
STATUS
EXPLORATION

Concession Contract application comprises 3,927.4468 hectares (9,794.92 acres) and will consist of two parcels.

The area is approximately 25 kilometers west of the department capital, Medellin. The area was solicited on the basis of stream-sediment geochemical information released by the Colombian geological survey Ingeominas showing an area north of the mining district of Titiribi with anomalous gold and silver in streams sediments.  The anomalous area is located along strike of the faults believed to have controlled mineralization in the Titiribi district. Initial field investigation by Angel Gold S.A.S. of the solicited area in 2011 showed gold and silver in the sediments of several streams draining the area. Further field work is in the planning stage.