Phase-I will consist of ridge-and spur soil sampling, stream sediment sampling and field mapping and will also provide valuable reconnaissance information for follow up exploration on the property.
The 3D resistivity inversion data has delineated a strong resistivity/conductive anomaly that will be the target to the Phase I exploration program in Valle del Tigre II.
The Valle del Tigre II project is a grassroots stage, exploration project in the highly prospective Cordillera del Condor mineral belt of southeast Ecuador.
Targets in the phase-I area also coincide with historic prospecting conducted by Condor Gold in 2008 where native gold was identified in pan concentrates.
Copper minerals were also identified in the same area.
Valle del Tigre II project
Valle del Tigre is around 2.5 kilometres northwest of Lundin Mining’s (TSX:LUN) Fruta del Norte, epithermal gold-silver deposit (7.35 million ounces of gold at 9.61 g/t indicated resource) and approximately 15 kilometres southwest of the Mirador copper-gold porphyry deposit (3.2million tonnes of copper, 3.4 million ounces of gold, and 27.1 million ounces of silver in proven and probable reserves) owned by CRCC-Tongguan Investment Co.
In 2019/20, Tempus Resources completed a 600 line-kilometres ZTEM airborne geophysics survey, conducted by Geotech Ltd. over the Rio Zarza and Valle del Tigre II Properties.