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Fredonia Mining Inc is engaged in the exploration of precious metals in Argentina. Its Deseado Massif project is a tectonic block that comprises Jurassic and Cretaceous volcanic outpouring, containing two important geological groups: the Bajo Pobre and Chon Aike both of which are prospective for low sulphidation epithermal style gold-silver mineralization, such as being exploited at the Cerro Vanguardia gold-silver mine.