Pacifico
Why Pacifico Project
- Consolidated geological view: Lodestar has a full view of the porphyry corridor through the three main target areas (North, Central and South) within one project-scale interpretation rather than as historically separate exploration areas.
- Established exploration dataset: 16 historical diamond holes (~8,000m), surface geochemistry, geophysical surveys including IP/DCIP and magnetics providing a substantial dataset to refine targeting.
- New Central target opportunity: Recent Lodestar reconnaissance has identified outcropping porphyritic dykes in an underexplored and undrilled part of the prospective corridor.
- Portfolio fit: Pacifico adds a potential large-scale Cu-Mo-Au porphyry opportunity to Lodestar’s Chilean portfolio alongside the Los Loros Cu-Mo Porphyry and the Three Saints IOCG projects.
Pacifico Project regional location and access
Project Overview
Pacífico is a porphyry Cu-Mo-Au exploration project located approximately 100 km north-east of the town of Vallenar in the pre-Cordillera of Chile’s Atacama Region. The project lies within the broader highly prospective Paleocene metallogenic belt, which hosts a number of world-class copper operations and advanced development projects in central and northern Chile, including:
- Sierra Gorda (KGHM/South32 JV; Total Mineral Resources of 1.82 Bt @ 0.36% Cu, 0.016% Mo, 0.06 g/t Au);
- Cerro Colorado (BHP; Measured and Indicated Mineral Resources of 502 Mt @ 0.54% Cu);
- Spence (BHP; Measured and Indicated Mineral Resources of 1.5 Bt @ 0.45% Cu);
- Lomas Bayas (Glencore; Total Mineral Resources of 2.8 Bt @ 0.28% Cu)4, and;
- Relincho (Teck/Newmont JV; Proven and Probable Ore Reserves of 1.1 Bt @ 0.41% Cu and 0.021% Mo, + Measured and Indicated Mineral Resources of 646.1 Mt @ 0.32% Cu and 0.013% Mo).
The regional comparison is provided for geological context only and does not imply that Pacífico has comparable mineralisation, scale, grade, resources or economic potential.
Lodestar geological team on the ground and reviewing historical drill core at the Pacifico Project
