Well-Mineralized Low-Sulphidation Epithermal Vein System
Location | Loja province, Ecuador |
Ownership | 100% |
Stage | Exploration |
Location | Loja province, Ecuador |
Ownership | 100% |
Stage | Exploration |
The Tierras Coloradas concessions consist of four exploration licenses totalling 6,955 hectares (70km2), located in the province of Loja in southern Ecuador, near the border of Peru. The concessions host a low sulphidation epithermal vein system, discovered in 2009, which has been traced in at least five epithermal vein zones over an extent of an approximately 3 kilometre by 3.5 kilometre area.
For 2025, DPM has planned between $4 million and $5 million to progress regional targets. Planned activities include, continued progress on targeted delineation work at two newly identified porphyry-epithermal targets, and a soil and a rock sampling campaign which was completed in Q1. Additional ground magnetic and radiometric survey are planned this year, with the objective of upgrading targets to drilling ready status.