On August of 2009 the first drilling campaign of the Sperling prospect, located to the north of El Salado in Chile, was concluded with promising results for the discovery of a large IOCG deposit, with drillings with large intersections of high grade iron and some intersections with chalcopyrite which indicates promising vectors to find mineralization of economical interest, both for copper and iron. Location of the targets selected for exploration within the Sperling tenements. The Sperling prospect is located 17…

At request of Mr. Stephen Prior, Managing Director of Admiralty Resources (ADY:ASX), a review of the geological information of the approximately 2,500 hectares mining tenements owned by ADY. The mining tenements are located directly to the west of the Panamericana Route 5, just a few km south of the city of Vallenar, so its access is extremely easy and expeditious. The property extends for about 7 km to the south. For this purpose, Goldberg Resources received a variety of scattered…

In September 2006, and at the recommendation of Goldberg, the company Maping Ltda. carried out a low-resolution geophysics at the Lar group tenements, in order to determine the magnetic field response of possible magnetite and specularite bodies that could be associated with copper and gold mineralization. The above is not possible to determine on the surface due to the cover of sediments and colluvium. In addition, detect other geological features through magnetic anomalies, and thus be able to associate them…