PROJECTS

SML develops all of its projects at the highest levels of professionalism and quality, working towards a NI 43-101 standard.

All projects are owned by SML or are under purchase option agreements to acquire 100% of the properties.


DELIRIO

The project is located 8km northeast of the town of Inca de Oro, at an altitude of 2,100 m.a.s.l. and approximately 100km north of the city of Copiapó (Region III).

The project area is located in a mining district with historical artisanal production of copper and gold.

The project is in construction phase and will consist of several open pit mines, leaching of copper oxides, solvent extraction and an electro-winning plant for an initial production of 5,400 tons of fine copper per year. Production is expected to commence in 2Q 2019.

Aerial photograph of the plant under construction.

Pre-stripping process in Delirio.


PUQUIOS

The project is located 130km northeast of the city of La Serena at an altitude between 1,400 and 1,600 m above sea level.

The project is in a feasibility stage of a single open pit mine, copper oxides leaching, solvent extraction and an electro-winning plant for the production of 10,000 tons of fine copper per year. SML is updating the feasibility study and expects to reach a construction decision by the end of 2019.

Satellite image of the project area.

Part of the project’s operational team in the camp area.

Part of the geology team of the project.


TUINA

The project is located 55km east of the city of Calama and at an average height of 3,200 m above sea level. The project area exhibits historic mining activity consisting of artisanal work and small pits.

The project is in an exploration phase with undergoing drilling for the development of a preliminary resource estimation.

Drilling in new prospective areas.

Drilling in one of the existing pits in the area.

Project operations team in the SML office in Calama.