Mine

In the year 2008, the company acquired -from Blue Ice S.A. who purchased the claims in 2005, from Disputada Ltda.(a former Exxon Coal & Minerals Subsidiary)- the copper and silver minerals exploration claims named "Rafaela Uno a Rafaela Cinco", comprising a total area of 25 hectares situated in the hill that form the east slope of El Cobre Ravine in the Peña Blanca ranch, at Cabildo commune in the Petorca province in the Chilean Region of Valparaíso.

Location

The city of Cabildo is located (coordinates: 32°25′39″S 71°03′59″W) approximately 170 kilometers north-northeast of Santiago City and 130 kilometers north-northeast of the City Port of Valparaiso situated in the Chilean Pacific Coast. The Rafaela Underground Copper Mine is located on the east slope of El Cobre Ravine in the Peña Blanca ranch, 10 kilometers south of Cabildo city, through the gravel road that runs northsouth in the Peña Blanca Valley.

In general, the climate of the area has been classified as warm temperate. Rainfall is seasonal with averages do not exceed 400 milimeters per year and annual average temperatures ranging around 14 º C.

The rainiest period is between the months of May and August, with little variation and no major influence on mineral production from the area. The vegetation is scrub tree-preferably of the type characteristic of the area.