Antler Hill Mining Ltd. (TSXV:AHM.H) is a junior gold and copper exploration company that is in the process of acquiring two properties in San Juan Province, Argentina: Amiches and Cerro Blanco. Antler Hill is also contemplating the acquisition of additional properties throughout North and South America.
Antler Hill’s Amiches gold-silver project is located in the El Indio gold belt about 100 kilometers south of Barrick Gold’s (TSX:ABX) Veladero mine, 100 kilometers southwest of the Mineros S.A.’s Gualcamayo mine and 60 kilometers southeast of Barrick Gold’s El Indio and Tambo historic mines. Amiches remains mostly unexplored with only surface trenching and sampling historically performed. In 2018, the company collected grab samples that graded 15 g/t gold and 190 g/t silver as well as 3.3 g/t gold and 70 g/t silver.
The Cerro Blanco copper-gold-molybdenum project has been drilled previously and encountered copper porphyry mineralization. Historical drill results have returned 20 meters grading 0.47 percent copper, 0.21 g/t gold and 248 ppm molybdenum, as well as 10 meters grading 0.65 percent copper, 0.26 g/t gold and 246 ppm molybdenum.
Argentina is an attractive mining destination due to the government’s support of the mining industry and pro-mining tax incentives. San Juan Province has a robust mining culture with a knowledgeable and skilled workforce. The region accounts for 62 percent of Argentina’s mining production exports. The province is home to 71 percent of Argentina’s known copper reserves and contains more than 80 million ounces of gold.
Antler Hill’s Company Highlights
- Operating in mining-friendly San Juan Province in Argentina.
- In the process of acquiring two properties in San Juan Province.
- Amiches project is 95 kilometers south of Barrick Gold’s Veladero gold mine.
- Amiches is underexplored, offering discovery potential.
- Cerro Blanco is a copper-gold porphyry target with previous drilling success.
- Exploration programs for both properties are planned.