The 16/5/23 slides suggest San Juan and Chita Valley are more significant to S32's thinking than we realise.
https://hotcopper.com.au/posts/67804225/single
Slide 9 advances Chita Valley in prominence ahead of the other 25+ greenfields projects S32 is involved in.
Then Slide 27 says:
We have invested in greenfield exploration partnerships in the San Juan province since November 2019, targeting copper porphyry style opportunities
Chita Valley (50.1%)We recently exercised our earn-in right with Minsud Resources for 50.1% of the Chita Valley copper porphyry exploration prospect. We expect to complete the transaction and assume operatorship in the March 2024 quarter. 21,700m drill program underway as part of the year 4 partnership with Minsud Resources.
Sable Resources Ltd (option to acquire up to a 65% interest in the project). The Don Julio copper project comprises a 69,350 hectare land package prospective for copper, silver and gold. A 5,900m scout drilling program is currently underway
Aldebaran Resources Inc. (9.3% equity interest) which holds an option to acquire a controlling interest in the Altar porphyry copper development project. 15,000m drill program expected to be completed in H1 FY24
____________________
42,600m of drilling across the three San Juan projects this year is a substantial commitment. GK & team are convinced there is Copper down there.
Ash
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