POLANCO PROJECT
(Tarapacá, Chile – 100% Torino)
Polanco - a Large Undrilled Porphyry Copper-Gold Target
STRATEGICALLY LOCATED
Located in the premier porphyry copper belt of Northern Chile, 22km NE of BHP’s Cerro Colorado copper mine in a brownfields mining district
Torino holds 100% of approximately 2,900 hectares of mineral rights (without royalty) in an area surrounded by majors
Potential to host mineralization in the multi-hundred-million-tonne range
NEAR TERM DRILLING PLANNED
Since acquiring Polanco in June 2022, Torino has secured access to drill with the surface owner and is conducting a geophysical program prior to drilling currently scheduled for Q4 2022
FAVOURABLE GEOLOGY
Subcropping porphyry copper occurrences characterized by typical hydrothermal alteration and quartz stockworking over a 2x2 km areal extent
Rock sampling has identified highly anomalous copper and gold values at surface
Age dating confirms the outcropping porphyry is of a similar age to the neighbouring Cerro Colorado mine, and a zircon study suggests the presence of a fertile magma for productive porphyry development