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Astorius Resources Optioning 2 Mineral Concessions in Western Argentina's Salta Province 120 Kilometres from Escondida - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2017) - Astorius Resources (TSXV: ...
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[{"type":"text","content":"Astorius Resources Optioning 2 Mineral Concessions in Western Argentina's Salta Province 120 Kilometres from Escondida - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - November 17, 2017) - Astorius Resources (TSXV: ASQ) (FSE: 47A) has entered into an option agreement to acquire 100% of 2 mineral concessions in Argentina. The 2 concessions are located in the Taca Taca District, in the Puna region of north western Argentina in Salta province, approximately 230 kilometres west of the provincial capital of Salta and 120 kilometers east of the world's largest copper mine, Escondida.InvestmentPitch Media has produced a \"video news alert\" which provides a brief overview of the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Astorius\" in the search box. Cannot view this video? Visit:http://www.investmentpitch.com/video/0_fen089t2/Astorius-Resources-TSXVASQ-has-entered-into-an-option-agreement-to-acquire-100-of-2-mineral-concessions-in-ArgentinaThe area has excellent infrastructure, with a railway line and power nearby, and port facilities near Antofagasta, Chile, one of the largest copper concentrate exporting ports in the world. Taca Taca in the ancient language of the Incas refers to the manual processing of precious metals. Moreover, there are multiple spots in the immediate vicinity of the property with evidence of historic extraction workings by Jesuits. Two effusive monogenic centers are almost entirely situated within the confines of the mining concession.The Taca Taca District also hosts First Quantum's copper-moly-gold porphyry deposit, which has a NI 43-101 Technical Report with an indicated resource estimate of approximately 21.15 billion pounds of copper, contained in 2.17 billion tonnes grading 0.44% copper, 0.08 grams per tonne gold and 0.013% moly, for a 0.57% copper equivalent, as well as an inferred resource estimate of approximately 7.55 billion pounds of copper contained in 921 million tonnes grading 0.37% copper, 0.05 grams per tonne gold and 0.012% moly, for a 0.47% copper equivalent. First Quantum used 0.3% copper equivalent cut-off.Consistent with the abundant historical background information based on systemic sampling and alteration evidence, drillings and assays from the adjoining Taca Taca Alto area, management believes there are s...