Fuyani is a 1,000 ha, 100%-owned property, located in the Santo Tomas Porphyry Copper Belt, also home to Golden Alliance's Acero copper-gold project. Fuyani was originally aquired by staking and is 40km NW of the Constancia copper-molybdenum project currently being explored by Norsemont Mining Inc; 80km NE of Hochschild Mining's high-profile Liam epithermal gold project.; and, 100km NW of Xstrata's Tintaya copper-gold-silver porphyry-related skarn deposit.

Four rock samples have been collected from the property to date. Selective grab samples collected from the mineralized outcrop over a 40m area returned up to 0.77% copper and 3.6 ppm silver (see Table 1 below). Two anomalous silt samples collected from the same creek draining from the central part of the Fuyani concession returned 0.122 g/t Au and 0.229g/t Au; the source of gold anomaly is unknown.

The Fuyani property is underlain by Cretaceous volcaniclastics intruded by tertiary granodioritic intrusive. Tertiary sediments cover topographically low areas. Porphyry-style copper (malachite, chalcopyrite, and bornite) and silver mineralization, with elevated lead, zinc and molybdenum is hosted by epidote-altered granodiorite (see Table 1). Abundant massive magnetite and garnet float in several creeks draining the Fuyani property suggests also presence of skarn type mineralization.

Table 1: Fuyani Rock Sample Results



Location & Access

The Fuyani property is located 40km north of Santo Tomas. It is easily accessed year-round along the gravel road connecting Santo Tomas with Cusco, which is 70km north of the property.