At Invicta, the initial property acquisition entailed 5,800 hectares acquired by Andean American in early 2005. The Company then acquired an option to purchase 100% of an advanced exploration project of 3,700 hectares, from a Barrick wholly owned subsidiary, Minera ABX Exploraciones SA in 2005. Having exercised its option and acquired additional ground through staking, Andean now holds 25,100 hectares in the Invicta Project. A feasibility study was completed in June 2009. For detailed information, please see the Invicta Project page.
At the Sinchao Property, the mineralization encountered to date is a true polymetallic with copper, gold, silver, zinc and lead. Sinchao Metals Corp., of which Andean American owns 59%, was formed in April 2006 to allow shareholders to participate directly in the development of this distinctive property. For detailed information, please visit www.sinchaometals.com |
