Challacollo Project |
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Challacollo |
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Country |
Chile
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Close to |
Iquique |
Status |
ADVANCED DISCOVERY
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Surface |
40 km² / 9,884 acres |
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Latitude / Longitude |
21 S 8 / 69 W 11 |
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Legends
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Risk and valuation analysis of the Challacollo Project |
Status Risk : Advanced discovery |
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Title(s) of the Challacollo Project |
| VanEck Vectors Global Alternative Energy ETF Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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The Gildemeister family held the property since 1896 under the name Minera
Challacollo until 1998 when it was sold to Sociedad Contractual Minera
Septentrion (SCMS). Silver Standard Resources Inc. signed a lease option to
purchase agreement with Minera Septentrion in the fall of 2001. |
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Location of the Challacollo Project |
Challacollo is located 130 kilometers southeast of Iquique, a major port in northern Chile. Access is good, with the Pan American Highway passing 30 kilometers west of the property. A main power grid is located 15 kilometers north of the property.
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History of the Challacollo Project |
Silver Standard began exploration at Challacollo in 2001 and prepared a resource estimate in 2003. Based on the resource estimate, a scoping study was prepared by Kappes, Cassiday & Associates, which, though requiring updating, contemplates a mine plan producing
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Geology of the Challacollo Project |
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Geologically, Challacollo is located along a strong north-south lineament that includes a number of copper deposits to the north, with a possible east-west lineament postulated between major copper deposits to the east and Challacollo. As a result, Challacollo is considered highly prospective for the discovery of additional mineralization.
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Data last updated on : 3/31/2006
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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