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Raiya

Project

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Raiya Project

Rare Earth Elements (REE) on a Giant-Scale in Chile, an OECD-member Country

Raiya is located nearly 3 km north of La Poderosa and can be considered a "satellite deposit", which is part of the same geological system as La Poderosa. The surface copper grades at Raiya average 5.5% copper over an approximate area of 500 meters.

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The study of Green Rocks with samples obtained at Raiya confirmed that the mineralization at the surface comes from a Giant fertile porphyry source. Furthermore, the analysis of Rare Earth Elements at Raiya showed remarkably high levels of zinc and scandium, suggesting a potential sedimentary origin for the mineralization of the deposit.

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In May 2023, the Chilean Environmental Assessment Service (SEA) confirmed the pertinence permit that grants us the right to conduct exploration and carry out drilling in Raiya. The next step is to carry out geophysical studies, which will be scheduled prior to any drilling in order to identify the source of mineralization of the deposit.

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