The salar or salt flat known as Piedra Parada covers an area of about 35 square kilometres with an extensive thickness of gold-bearing sedimentary rocks.
The project lies 310 kilometres to the northeast of Copiapó via paved highway and improved roads, and is at an elevation of over 4,000 metres. Zoro owns 100% of the project, subject to an agreement with a third party for the lithium rights.
The Piedra Parada exploration concessions cover a total of 3,600 hectares in a prototypical salar – a dry lake bed.
Sampling and auger drilling of the surface sedimentary rocks confirmed previous reports of precious metal mineralization. The east side of the salar’s sedimentary rocks have been uplifted by subsequent faulting, providing easy access to examine the sedimentary section.
If the exploration program planned by Zoro delineates a sufficient volume of potentially economic gold-bearing sedimentary rock, there may be continued work to determine the potential for a large open-pit mining operation.