Putu Project
Extends 38 km along the coastline between the Maule and Mataquito Rivers, comprising 3 iron sand deposits:
- Modern dune sands up to forty metres thick
- Older paleodune sands with thicknesses up to several hundred metres
- Sands below the level of low tide, extending out onto the continental shelf.
Geological mapping and drilling indicates substantial volumes of iron sand in the modern dunes, and even larger potential in the paleodunes.
The sub-sea iron sands represent a target for future investigation.
This is the highest ranked project in Chile, and has been highlighted for accelerated appraisal and development.
Activities to Date
Resource Evaluation:
- Geological mapping and prospective auger sampling
- Systematic drilling of modern and paleodunes
- Metallurgical analysis of representative samples.
Planned activities
- Environmental permitting
- Drilling design and implementation to achieve JORC-compliant resources
- Bulk sample testing
- Infrastructure analysis
- Full feasibility study.
