Currently, the available exploration portfolio consolidated by Codelco contains 34 assets, which meets internal and legal requirements to be available for associations with third parties, especially the requirements of Law 19,137, which establishes the regulations on the mining properties of the National Copper Corporation-Codelco that are not part of deposits in actual exploitation.
Different mining companies will have the opportunity to partner with Codelco, aa world leading mining company, in a consolidated mining jurisdiction.
Available projects are located in well known mining districts and metallogenic belts, prospective specially for porphyry copper and epithermal gold.
The available portfolio encompasses significant exploration potential with available data, including:
8 assets with Drillholes Information
22 assets with Geophysics Information
33 assets with Geochemistry Information
Codelco is actively seeking to unlock value and boost discoveries through exploration partners.
Codelco must comply with 19,137 Law, which establishes:
Conditions to be met by Codelco to transfer its mining property into partnerships with third parties, and Restrictions regarding Codelco´s shares in such partnerships.
These conditions defines Codelco´s business model in terms of its share in the JV´s, timing for the JV formation and technical standards for project development.
Codelco is excited to invite potential exploration partners to move forward this portfolio.
For further information please contact:
Angelo Aguilar – [email protected]
Tomas Esguep – [email protected]