Altococha

The Altococha mining concessions are located about 80km northeast of Lima in central Peru. The concessions are accessible by paved and then gravel road which branches off from the Pan American Highway.

The area east of Lima is well known for its numerous gold and base metal deposits and mining in the area dates back to the early colonial days, when the Spaniards mined the small polymetallic veins in the area. Commercial production from the Neuva Condor mine, which the Altochocha properties surround, did not commence until 1956. Based on published information, it is reported that from 1956 to 1991, Compania Minera Huampar S.A., produced about 25,000 ounces of gold and about 15 million ounces of silver. 2.5 million tonnes averaging 1.6 g/t Au, 5.4 oz/ton Ag, 3.8% Pb and 5.0% Zn was reported to have been milled. The mine, however, was shut down in the late 1990's due to a low metals market.

The company is currently in the exploration phase of operations at Altococha, determing which part of the known vein sytems in the area extend on to the concessions.