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Chilean Metals (CMX) is a 100% owned subsidiary of International PBX Ventures. 100% owned large land holdings in the IOCG Belt of Chile prolific Iron Oxide - Copper - Gold (IOCG) Belt of Chile IOCG belt hosts numerous copper-gold deposits including Mantos Blancos, Manto Verde and Candelaria. The tremendous size, relatively simple metallurgy and relatively high grade of IOCG deposits can produce extremely profitable mines. CMX projects host drill ready large coppergold porphyries CMX plans to drill a large IOCG Porphyry target on Tierra de Oro in the 2012 season
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Huasoco Port
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Chanchero Target
Geophysics: Airborne Magnetics
Chanchero Target: Airborne Magnetics
Magnetite content (Iron) of IOCG systems generate a strong magnetic response. Airborne magnetics shows a strong magnetic response (IOCG) adjacent to the previously define porphyry system. IOCGs are clearly distinct in character and origin from magmatic hydrothermal systems (e.g., porphyries). Plan Map
Porphyry Cu System
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IOCG Model
Porphyry System
Plan Map
Porphyry Cu System
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Chanchero porphyry 1. Alteration 2. Cu, Mo, Au geochem anomalies 3. Magnetic low 4. Resistivity low 5. Chargeability high
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6. Em Anomaly 7. Adjacent IOCG system (Mag High) IOCG 1. Deep magnetic intrusive body 2. Iron Skarn zone at surface 3. Adjacent copper porphyry system may provide the sulfur necessary for copper sulfide mineralization.
Huasoco Port
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The property is readily accessible from the town of Vallenar 30 km to the east and is nearby to rail, roads, power, water and shipping port.
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ZTEM Airborne deep penetration survey identifies Atacama fault system on Sierra Pintada. Two primary copper and gold-bearing mineralised structures,Via and Gloria, each at least 15 kilometres in length and 50 to 200 metres in width. Wherever these structures emerge from beneath overburden they are the centers of numerous prospect pits, adits and shafts to depth of 50 metres on high grade Cu-Au (Ag,+/-Co) and Au-Cu (Ag) fissure veins from 1-5 metres in width.
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Huasoco Port
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Palo Negro
Hornitos
Tierra de Oro
Tabaco
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Freeport-McMorans Candelaria IOCG deposit (470 Mt at 0.95 % Cu, 0.22 g/t Au)
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10 kms
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Prime IOCG Signatures Workings in the Avispada mine area with magnetite+k-feldspar+Cuoxides in metasediments typical of IOCG alteration and mineralization.
IOCG magnetite+k-feldspar alteration in metasediments in the Avispada mine area. Also see Cu-oxide staining along edges of massive magnetite veins.
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July 2012