CARRIZAL COBALT PROJECT
Chile’s Carrizal Alto’s historic cobalt region, located 100 kilometres north of the La Cobaltera district.
Cameo Cobalt’s flagship Chilean project is situated adjacent to Genlith Inc.’s subsidiary, Chilean Cobalt Corp., as per Genlith’s April 11 news release. Genlith Inc. is a Pennsylvania-based holding company focused on energy storage and critical battery materials and reports that cobalt production occurred on its Carrizal Alto and La Cobaltera projects from 1844 through 1944, mostly for military applications ceasing at the end of the Second World War.
About the Carrizal Alto cobalt project
The area acquired is in Carrizal Alto’s historic cobalt-producing region and is located 100 kilometres north of the La Cobaltera district.
- 456 hectares in Carrizal Alto district, Chile;
- Adjacent to historic operating site that has Chilean government production data with high-grade cobalt, as reported by Genlith Inc.
The Chilean National Service of Geology and Mining, Sernageomin, performed preliminary work on the La Cobaltera and Carrizal Alto areas in 2008. A November, 2017, report by Chile’s Corporation for the Promotion of Production (CORFO) states that the San Juan district has cobalt mineralization in veins and mantos (hydrothermal bedded deposits). The report identifies the land package Cameo Cobalt has secured as within one of the main areas of cobalt mineral potential in Chile.
In the San Juan-Carrizal district, primary cobalt mineralization occurs as cobaltite, a cobalt sulpho-arsenide. At surface, cobalt occurs as a secondary oxidized mineral, erythrite, a cobalt arsenate. Mineralization occurs mainly in veins and mantos with average cobalt concentrations of 1.6 per cent for primary ore, and up to 6.4 per cent for secondary oxidized ore.
Most recently the Geological and Mining Service of Chile carried out regional sampling of mineralization and hydrothermal alteration systems in the metallogenic province of the Coastal Cordillera of the Atacama and Coquimbo regions. Geochemical data were processed and analyzed by Artificial Neural Nets (ANN). No significant modern exploration or drilling has taken place in the region since then, which has historically been well-endowed with copper and cobalt.