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SPAIN 2013 Mineral Exploración Network. Why Spain ? Prospective geological situationProspective geological situation Landscape conditions allow quick.

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Presentation on theme: "SPAIN 2013 Mineral Exploración Network. Why Spain ? Prospective geological situationProspective geological situation Landscape conditions allow quick."— Presentation transcript:

1 SPAIN 2013 Mineral Exploración Network

2 Why Spain ? Prospective geological situationProspective geological situation Landscape conditions allow quick prospectingLandscape conditions allow quick prospecting Excellent infrastructureExcellent infrastructure Possibility to work during winter and use MEN Finland human and technical resources all year aroundPossibility to work during winter and use MEN Finland human and technical resources all year around

3 Project Extremadura Area of interest is located on the intersection of NW striking regional thrust zone and corridor of faults of SW orientation.

4 Pro Mining Government Quick and transparent licence application process Easy available geological information Project Extremadura

5 Long mining history starting from prehistoric time till the middle of 20 th centaury Augustobriga - Talavera la Vieja Project Extremadura

6 Augustobriga - Talavera la Vieja Project Extremadura Project licenses 1 2 3 4 5 1 – Trojillo – Logrosan, prospecting license, 945 sq. km. 2 – Maria – exploration license, 78 sq. km. 3 – Antonio – exploration license, 85 sq. km. License Applications: 4 – Berzocana – exploration license, 84 sq. km. 5 – St. Cristobal – exploration license, 63,7 sq. km. Total: 1.255,7 sq.km.

7 Project area is located in inner zone of multistage volcanogenic ring complex active from pre Cambrian till Tertiary period Radiometric survey -PotassiumMagnetic survey vertical component Project Extremadura

8 Exploration model

9 Historical mines: "El Aguijón. Operational 1850- 1950. Zn, Pb, Ag, Au "La Favorita": Cu, Py, P "El Aguijoncillo": Mining stopped in 1904. Sb, Cu, Au. "El Piojo": Mining stopped in 1876. Zn, Pb. "El Serranillo": Mining stopped in 1970. As, Sn, Mo. “La Costanaza”: Operational in 1907-1946. Phosphorous. 6 Project Extremadura

10 By 30 th of November following work was done: Stream sediments sampling- 3014 samples Soil sampling - 17053 samples Magnetic survey - 680 line km Pan concentrates - 69 samples MEN Finland had started full scale prospecting in September 2013 Project Extremadura

11 1 mm

12 Results of soil sampling and ground magnetic survey, Logrosan area. Detailed area Project Extremadura

13 A B A B

14 Our plans MinimumMaximum Finalize stream sediment sampling on existing licenses Carry out magnetic survey and soil sampling on selected targets Limited trenching Minimum + Expand ground holding Intensive trenching Verification drilling Resource drilling Spring 20142014 - 1 M Euro – 25% of the project 2015 - 2 M Euro – 25% of the project By own financial resourcesWith JV partner investment


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