Brochure English.pdf

8/12/2019 Brochure English.pdf

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UPKAR MINING SACPERU


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MINING PROJECT CHUCO II

2013


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BACKGROUND

Upkar Mining SAC - Peru, is a subsidiary of Upkar Group ofcompanies.

Upkar Group of companies was established in the year 1972.With Its headquarters in Bangalore, India, dedicated in realestate development and mineral trading.

Upkar Mining SAC was established in Peru in the year 2011.The organization is involved in prospecting, exploration andexploitation of potential mineral deposits and trading.

The organization is operating on an iron ore project, Chuco IIcovering a licensed area of 1200 ha in Junn area.

Upkar has all permits and approvals required to operate theproject Chuco II.


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LOCATIONPolitically it is located in the annex of San Jos of Apata, district ofApata, county of Jauja, department of Junn, to 4260 m.s.n.m.

Geographically it is located in the flank west of the central mountainrange of the Andes, in the center of the Peru


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The concession area is accessible from Lima by a national

highway till Apata in Jauja province and then by a miningroad to San Jose village.

ACCESSIBILITY

By Rail (cargo)

Mine Site - Railway loading point 22 0.75 Part dirt road and part asphalted in good conditionRailway loading point - Callao Port Storage 301 10:00 Railway track in operation.

Total 323 10.75

By Road (cargo)

Mine Site - Apata 20 01:00 Part dirt road and part asphalted in good condition.Apata - Lima ( Callao Port ) 250 08:00 Asphalted road in good condition.

Total 270 09:00

RouteDistance

(Km)

Time

(Hours)Observations

RouteDistance

(Km)

Time

(Hours)Observations


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ROADS ALTERNATIVES


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8/38rea Total: 1200 Ha

Mining Concessin Chuco II


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REGIONAL GEOLOGYThe region is geologically covered by carbonate rocks,structurally deformed and subsequently meta morphosed to

quartzites, phylitic schists belonging to Excelsior group of rocksbelonging to lower paleozoic age.


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LOCAL GEOLOGY

The geological formation of the concession are principallyconsists of carbonates, schists, phylites and quartzites intruded

by andesite.The rock formation trend between 330 degrees to 360 degreesand dips sub vertical east.


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MINERALIZATIONThe mineralization appears to have 2 phases:

1) SYNGENTIC: Characterized by veinlets, dissemination and stratifiedstructures with low concentration of iron. This phase could be

associated with sedimentation mainly in shales and sandstones,regional metamorphism resulted in reconcentration of iron ore deposits.

2) HYDROTHERMAL: The second phase may be hydrothermal mainly veins,

stratiform structures which could have enriched by hydrothermal fluids.

The presence in the central sector of Chuco, of reefs with massive ironmineralization could be due to a re-concentration of sedimentary ironthrough zones of structural weakness and / or a simultaneous orsubsequent hydrothermal activity that helped the recovery and re-concentration of the mineral mass iron. It is very important to definesome laboratory studies, the potential contribution to the origin ofepigenetic mineralization of this deposit. since there intrusive feeders in

depth not outcrop in present, the potential for veins of iron highestconcentration, could increase substantially.


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Impressions of bivalves in claystones

showing sedimentary basinsenvironment

Hematite with pyrite, limonite andsecondary fractures

Hematite banded with white quartzHematite porous, demonstrating the

formation gaseous environment

Hematite veinlets in sandstones way stockWorks

Hematite with banded white quartz and

porous


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ORE BODIES MAP

Janet 1

Janet 2

Janet 3

Pilar

Magaly

Cuerpo 9


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DIAMOND DRILLING PRE PROJECT


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DIAMOND DRILLING PRE PROJECT


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OUTCROPS

ORE IN BENCHS


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ORE IN BENCHS


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MINERALIZATIONThe iron mineralization Chuco, would haveoriginated during the sedimentation in marine

and lake basin where Fe ions were part of

sedimentation and then during the

transformation of sediments and sedimentaryrocks then metamorphic rocks were

reconcentrated following the direction of

stratification in disseminated form, parallel or

divergent veinlets and patches, syngenetic type.

This process for the case of Chuco, seems to havebeen controlled by a thin sequence of sandstones

and conglomerates sometimes likely remnants

possibly contemporaneous igneous, where we

observed this mineralization with N320 direction

in a width of about 200 m in average length and2,000 m between the sector and the

southeastern boundary Pillar award Chuco II.

However this without iron deposition is much

more extensive as seen in different sectors of the

Jauja sheet within the Excelsior group.


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Photo 1.- View NW: The strip highlights the syngenetic mineralization , explored bytrenches (red lines delimit that strip). At the top are the pits of Pilar and Janet 1,2 and 3.


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All Syngenetic Mineralization


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GEOPHYSICS

Salva Resources: The Australian company estimated through a rigorous explorationstudy of 21 magnetic anomalies (area of 174240 m2) a potential of 375 Million Tons

according to the following sizing.

Source : Upkar Mining Scoping Report, Nov. 2012

Ground magnetic survey, which showed a strongly anomalous zone presumably

underlain by iron ore concentration/mineralization.

The geophysical survey indicates that potentially iron concentration or mineralization

may increase towards the southern part of the concession area. However the

magnetic data may have to be precisely modeled during detailed exploration

The iron ore deposits of Chuco II is ofhydrothermal origin, potentially skarnstyle of deposit with significant tonnagepotential


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GEOPHYSIC ANOMALIES WITH TOTAL MAGNETIC FIELD


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GEOPHYSICAL MAP - ANALYTICAL SIGNAL


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The projection of the anomalies are

oriented to the South East Chuco II, in this

sense it has now acquired the property of

300 hectares Juanita XVI.

GEOPHYSICALMAP VERSUSMININGPROPERTIES

AdrianaPierina100 Ha

KarajalMining100 Ha

Chuco II400 Ha

Ajedrez deFierro 200 Ha

Juanita XVI

300 Ha

Nuevaortaleza100 Ha


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Mine Operation

General Arrangement (Existing)


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General Arrangement (Existing)


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UNIT OPERATIONSALL PHOTOGRAPHS ARE ACTUAL AND TAKEN AT MINE SITE

Evacuation organic material Drilling Loading of holes

Blasting Loading Transport and accumulation

CRUSHING AND STOCKPILE TO DATE


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CRUSHING AND STOCKPILE TO DATE

INFRASTRUCTURE


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INFRASTRUCTURECargo train entersdirectly into the callaoport storage area.

Upkar has a 1.8 hectare storagearea along with a new 60 tonweighbridge instaled at Jauja,opposite the jauja airport and 300meters from the railway track

INFRASTRUCTURE


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INFRASTRUCTURE

Camp site Camps

Explosives storage Security Posts

I AS UC U


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INFRASTRUCTURE


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COMMUNITY RELATIONS


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1250ha

2550ha

740ha

2620ha

4000ha

2000ha

COMMUNITIES

COMMUNITY RELATIONS


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COMMUNITY RELATIONS

BADEN AND BRIDGE CONSTRUCTION

IN SAN JOSE APATA COMMUNITY

SUPPORT TO COMMUNITYCHILDREN

SEED DELIVERY (FORAGE GRASS)SAN JOSE


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VETERINARY DOCTOR AND MEDICINE PROVIDEDFOR THE FARM OF THE COMMUNITY

PROFESSIONAL ANDTECHNICAL ADVICE TOTHE COMMUNITY

TOPOGRAPHIC SUPPORT TO THECOMMUNITY SCHOOL


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TRAINING IN HEAVY MACHINERY TO THE YOUTH OFTHE COMMUNITY SAN JOS

MAINTENANCE OF

ROADS SAN JOS-APATA

VISITS OF THE COMMUNITY TO THE MINING PROJECT

MAIN AUTHORIZATIONS AND PERMITS


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MAIN AUTHORIZATIONS AND PERMITS

Environmental impact statement approved.

2013 Mining Operation Certificate approved.

Certificate Continuing operations approved.

Tinderbox Operating License.

Global authorization for use of explosives.

Convention Exploration and Mining: Community San Jos de

Apata.

Easement agreement and use of land surface: Community San

Jos de Apata.

Convention community water use San Jose Apata.

Easement agreement: Nueva Esperanza Community.


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Thank you

Av. 28 de Julio 574 Of. 501MirafloresLimaPerTelef. : +511-4458807Movistar/RPM:+51 990997799

RPC: +51 987748577Email:[email protected]

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