Aquadas
Concordia-Betulia, Department of Antioquia (12,387 hectares):
Concordia-Betulia consists of three concessions, 40 kilometres from Medellin (mainly on paved roads). Antioquia geologists have visited the site and conducted surface mapping and sampling (rock and stream). Anomalous gold (Au), copper (Cu) and bismuth (Bi) soil samples have indicated gold values up to 7.5 g/t in grab (surface) samples and the Au/AG relationship is 1:3. Numerous attractive targets have been identified based on the geological field work done to date. Concordia-Betulia is in proximity to the Titiribi project of Sunward Resources Ltd., where Sunward has reported an inferred resource estimate of 3.7 million ounces of gold and 1 billion lbs of copper.
Caicedo, Department of Antioquia (3,156 hectares):
Caicedo comprises one concession, 50 kilometres from Medellin. Preliminary field visits by Antioquia geologists have identified attractive opportunities for future exploration targets based on the potential for discovering epithermal-sheeted vein deposits. (Epithermal deposits are characterized by having high potential for base metal sulphides that may contain significant amounts of ore.) Caicedo is located to the south, along trend and in the same geological and geotectonics environment as Continental Gold Limited's property, Buritica, where it is currently exploring its large land package.
Jerico, Department of Antioquia (3,105 hectares):
Jerico consists of two concessions, 40 kilometres from Medellin. The regional geology shows the presence of pyroclastic volcanic rocks, similar to the rocks found at Marmato. Jerico is located about 4 kilometres from the Quebradona Project being explored by the AngloGold/B2Gold Joint Venture. Other companies active around Jerico include Continental Gold Limited and Colombian Mines Corporation.
Gavia, Department of Antioquia (2,887 hectares):
Gavia comprises one concession, 90 kilometres from Medellin, and is approximately 6 kilometres southwest of Marmato. The Marmato gold district is located on the eastern side of the Western Cordillera of Colombia, 60 km southwest of Medellin. This district was well-known for its pre-colonial gold and silver mining camps, and small-scale mining is still active in the area. The largest player in the district is Medoro Resources Ltd., which has reported measured and indicated resources of 7.5 million ounces of gold and inferred resources of 2.2 million ounces of gold. Gavia shares the same mineralized events as that found at Marmato.
Manizales Norte, Department of Caldas (10,091 hectares):
Manizales Norte consists of three concessions, about 110 kilometres from Medellin. Studies by Soratama show anomalous values of Cu and molybdenum (Mo), as well as magnetic anomalies that may indicate the presence of a porphyry Cu deposit at depth. Manizales Norte is located just to the south of the mining district of Marmato and close to Seafield Resources Ltd.'s Quinchia Project.
Aquadas, Department of Caldas (371 hectares):
Aquadas consists of three concessions, 50 kilometres from Medellin. Studies by Soratama show anomalous values of Cu and Mo, as well as magnetic anomalies that may indicate the presence of a possible porphyry Cu deposit at depth. Aquadas is located 17 km to the northeast of Medoro's Marmato Project and, similar to Antioquia's Gavia Project, shares the same geological events as found at Marmato.