Tororume

Copper

Ownership:100%
Location:Southern Peru
Deposit type:Cu-Mo Porphyry

The Tororume project is located in southern Peru, 175 kilometres northwest of Arequipa, 80 kilometres east of the Pacific coast and lies within the Southern Peru Porphyry Copper Belt.

Tororume consists of 10,497 hectares for which Pembrook has title in a large area of copper porphyry occurrences and was identified by the Company during reconnaissance work within the Pecoy copper district along the Southern Peru Copper Porphyry Belt. This belt hosts major deposits such as the Cuajone Cu porphyry (Southern Peru Copper Corp.), the Toquepala Cu porphyry (Southern Peru Copper Corp.), Cerro Verde Cu porphyry (Freeport-McMoRan Copper & Gold Inc.) and the Zafranal Cu porphyry (Teck Resources Limited and Mitsubishi Materials Corporation).

Tororume has never been drill tested. Mapping, geochemical sampling and geophysics (airborne magnetics, ground IP/resistivity) have been completed.

Mapping and sampling have resulted in the identification of a large copper system with +0.1% copper values found over an area of three kilometres by six kilometres, which also includes elevated gold and molybdenum values.

Copper, molybdenum and gold mineralization are present within granodiorite, basement gneiss and several porphyry mineralized zones that exhibit strong porphyry-style alteration. Multiple "centres" are present on the property with the best target to date a 250 metre by 400 metre potassic-altered zone in which 47 of 49 samples collected from this area returned >0.1% copper with the majority containing from 0.15% to 0.60% copper. This zone is covered by a thin, post-mineral, volcanic cap to the east and by debris to the south, and remains open in those directions and at depth.

A second copper zone is located 500 metres north of the copper-bearing potassic zone and is characterized by quartz-sericite alteration (phyllic) and contains multiple +0.1% copper to a high value of 15.6% copper in an area measuring 800 metres by 1,000 metres.

A third centre measuring 700 metres by 1,000 metres and with strong phyllic (quartz-sericite-pyrite) and potassic (magnetite-biotite) alteration has recently been recognized in the east central part of the system.

The Company submitted the drill permit application to the government and expects to receive activation approvals in the second quarter of 2016.

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Torurume property

Torurume property

Torurume property

Torurume property

Torurume property

Torurume property