Australian mining concern identifies oxide, porphyry targets in copper region Chile

Posted on April 2, 2012 • Filed under: Chile, Latin America Mining

Elementos (ASX: ELT) has defined oxide and porphyry copper targets at the company’s newly acquired Mercedes Project, with initial drilling planned for the June quarter. Mercedes is located within the Atacama region in northern Chile, the world’s foremost copper producing region which hosts a number of world class porphyry deposits. Players in the area include many global mining heavyweights such as BHP Billiton (ASX: BHP), Rio Tinto (ASX: RIO), Barrick (NYSE: ABX), Antofagasta (LON: ANTO) and Codelco.Read Article

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