The Samiya property (earlier the name was Samy) is located about 25 km Ruta 5 Highway (Panamerican highway) and 75 km southwest of the city of Copiapó in Chile’s III Region of Atacama. The port city of Caldera lies approximately 115 km to the northwest along Chile’s main highway and upcoming future port is just 30 km only. The mining property covers 1,500 hectares near to an old mining Au-Cu district. Property elevations range from 900 to 1000m a.s.l. in a gently to moderate terrain. The project has an excellent mining infrastructure. A major power line passes within 5 km of the property and the area is easily reached from Copiapó city in less than one hour, which has long been a mining centre and offers excellent sources of the services and supplies needed to carry out advanced exploration and development projects.
Samiya Project (NSA) to develop an iso-grade model and mineral resources estimation of the Samiya iron deposit and to prepare a technical report. Since that time, additional drilling has been completed and the present report reflects the updated estimated resources.
