(Global Geoscience 100%)
Global is targeting porphyry copper-molybdenum and related skarn mineralisation at the Lavanderos project in Northern Peru. The project is located 400 km north of Lima and 60 km northeast of the coastal city of Chimbote in a well established mineral district. The district hosts high-sulphidation gold deposits (Alto Chicama, Pierina) copper/molybdenum skarn deposits (Antamina) and copper/molybdenum porphyry deposits (Pashpap).
Global holds granted tenements over an area of 13 sq km at Lavanderos West and 14 sq km at Lavanderos East. Both areas are subject to a 2.5% net smelter return royalty.
Recent work by Global has confirmed the presence of strongly anomalous molybdenum (Mo), copper (Cu) and zinc (Zn) values in surface geochemical samples (stream sediment and rock chip) being shed from a two square kilometre area of intensely altered rocks and skarn. The stream geochemical anomaly comprises an inner zone of greater than 40pppm Mo and greater than 100ppm Cu within a broader halo of greater than 100ppm Zn.
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