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Spain
The Iberian Pyrite Belt of southern Spain is one of the most outstanding massive sulphide provinces in the world, with about 1700 Mt total reserves (massive sulphides + stockworks), that make it one the largest sulphide concentrations in the earth's crust. It includes eight giant (>100 Mt) massive sulphide deposits (Rio Tinto, Aznalcollar-Los Frailes, Sotiel-Migollas, Tharsis, La Zarza, Masa Valverde, Aljustrel and Neves Corvo) and about 44 orebodies (>1 Mt) as well hundreds of prospects.
Cadillac Ventures has the option to earn up to 90% interest in 14 properties totaling approximately 232 km2 well situated within the prolific Iberian Pyrite Belt of southern Spain. (see press release December 17, 2008). The joint venture agreement is with Minas de Aguas Tenidas, S.A., a wholly owned subsidiary of Iberian Minerals Corp.
Properties
- Risquino Group - located 20 km from the Aguas Tenidas Mine and hosting strong untested gravity anomalies (a priority drill target);
- Cueva de la Mora Group - an intermediate stage property located approximately 5km east of Aguas Tenidas and hosting the former Angelita mine and prospect (a priority drill target);
- Cibeles - an early stage exploration property;
- Foch - encompassing a gravity anomaly on strike with the former Santa Barbara Mine requiring follow-up geophysics;
- Cuchillarejos Group - located between the Aguas Tenidas Mine and the former Rio Tinto Mine and encompassing a former producing copper mine (Chaparita Mine) and its unexplored environs, with anomalies identified and targeted for drill testing;
- Valo Group - an early stage exploration property encompassing known anomalies both along strike or in a similar setting to the nearby known Infanta deposit;
- Grupo La Romanera - an advanced exploration/evaluation stage property hosting the Romanera deposit;
- Grupo Vuelta Falsa - an early to intermediate stage exploration property with Vuelta Falsa, a small former producer, within the property limits, and untested gravity anomalies on the property;
- Valdelamusa Fraccion 1a - an early stage exploration evaluation project approximately 3km to the north of the Aguas Tenidas Mine;
- Penas Prietas - an early stage exploration evaluation project approximately 2.5 km south of and contiguous to the Aguas Tenidas Mine hosting two untested gravity anomalies;
- Majada - an intermediate stage property 17 km southeast of the Aguas Tenidas Mine hosting a partially delineated massive sulphide deposit with two additional untested geophysical targets and surface gossan zones;
- Los Toscanos - an early stage exploration property hosting untested gravity anomalies;
- Mora Fraccion 1 - an early stage property abutting the SE corner of the Aguas Tenidas property, contiguous to the Cueva de la Mora, Valdelamusa and Penas Prietas properties; and
- Ciceron - an early stage exploration property located due east and contiguous to the Aguas Tenidas property, hosting a large untested gravity anomaly requiring geophysical follow up
View the Iberian Pyrite Belt Exploration Program photo gallery
View the November 2009 drilling in Spain photo gallery
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