Kio Buggy comprises 100% owned exploration licenses covering 5,325 hectares with no attached royalty or underlying owners. The project is located within the Paleocene metallogenic belt between BHP’s Spence and Cerro Colorado Mines, and it has an annual combined copper production exceeding 300,000 tons.
The project is situated at an average elevation of 1,800 meters and approximately 40 kilometres southeast of Quillagua. One of five prior drill holes, MB RC-05, averaged 644 ppm Cu, 115 ppm Mo, and 0.044 ppm Au over its entire 300-meter length.