Teaser Proyecto Hermotita Rev01

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Hermotita Project

December 2020

Investment Highlights Summary of the Opportunity

 Processing 26 million Hermotita is an iron concentrate project that is located on a 200 ha


annual tons of iron ore in land, the mineral will be transported to the Port of Caldera for export.
order to produce in full The project considers open-pit exploitation for 50 years and the
operation 12 million annual minority exploitation of 600,000 tons of high-grade wastewater from
tons of iron concentrate. old works. The exploitation strategy considers 45,000 tons of 62% Fe
mineral for the first 2 years of exploitation, after that is considering a
 Location, Diego de Almagro production of 100,000 tonnes per month.
commune, Chañaral
province in the Atacama Investment v/s Production
Region, 807 km north of The investment begins at first month and the Project considerer 3
Santiago. month of Ramp Up and the month number four the production will be
increase to 45,000 tonnes per month for 2 years.
 Estimated Investment
US$45 million. Location Details

 Employment generation
capacity, between 70 and
80 workers will be required
for the construction stage,
while between150 and 160
people will be needed for
the operation stage.

 Estimates reserves of 500


million tonnes

Hermotita is located in the III Region of Atacama, Province of


Chañaral, district of Diego de Almagro, 50 km from Chañaral and 807
km north of Santiago.
The Copiapó airport is located 156 kilometers from the project and
has regular flights to and from Santiago.
To access the project facilities, you must access Route-5 and in the
port area barquito connect with a paved road (Route C-13) that meets
the standards for the passage of vehicles and travel about 45
kilometers until get to the project.
Hermotita Project
December 2020

Physical works
The project includes the following physical works:
•Roads
• Sotk Pile
• Offices, dining rooms
• Sewage plant
• Sampling room and laboratory
• Workshops
• Maintenance warehouses, welding warehouses, warehouse warehouses, washing warehouses,
greasing warehouse, tire change warehouse
• Fat and oil plants
• Water and fuel tanks
• Explosives warehouse
Ore Body Characteristics
Hermotite is an IOCG deposit, which has been studied through magnetometry presenting two units of
high magnetic susceptibility to the SE and NW of the property and they have been interpreted as
related to andesite lavas.

Drillholes

A total of 15 drill holes have been developed on


the property, which corroborate the resource
potential and confirm the low concentration of
phosphorus and sulfure.

For additional information


https://www.guiaminera.cl/minera-monte-grande-sea/

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