A Major Copper Discovery In The Making

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Ptolemy Mining Is Uncovering A World Class IOCG Copper Deposit In Chile

Discovery Leverage Into A Copper Bull Market

World Class District
7 Major Deposits in Punta del Cobre
43 km to Candelaria, Lundin Mining
(1Bt asset producing ~165 kpta Cu)
Chile is THE copper-mining country
Low-Risk
Abundant Surface Oxides and spectacular Native Copper
Mineralisation open along ~4 km of identified strike
Heap Leach potential and Pregnant Leach Solution (PLS) trucking to Punta del Cobre
High-Reward
Major discovery opportunity - anomalies untested at depth
Fully consolidated land position (~13,000 Ha)
Large copper footprint - drilling over 3 km x 2 km has identified mineralisation
Candelaria look-alike - similar geological setting, scale, geophysical signature
Great Location
5 km from Pan-American Highway and transmission lines
60 km from Copiapo
35 km from coast, desert, 370 m altitude

“ The Buen Retiro project shows characteristics of IOCG and IOA mineralization, such as favorable hydrothermal alterationparagenesis together with favorable structures and host rocks. It is suggested to test in further depth hypogene mineralization inthe Manto Negro deposit and look for structure intersections for potentially larger ore bodies and test NNW to NS magneticanomalies towards the north and south of the structural corridor where the deposit is located ”

Irene del Real Contreras

Expert in the IOCGs of Punta del Cobre. Former consultant to Lundin Mining at Candelaria

Media Presentations

Matthew Gordon Interviews Gilberto Schubert on the Buen Retiro Project

Merlin Marr-Johnson runs though the company presentation

Buen Retiro Copper Project Consolidation in Chile

Old Manto Negro copper oxide mine Operated 2005-2009 by Pucobre Ltd ~1.3 Mt @ 1.2 % CuS (oxides) 28,000 m historic drill data (mostly in-pit)

Surrounding Buen Retiro Concessions Less historic work (drilling, geophysics) Merged with Manto Negro in 50:50 deal

Wider Sierra Fritis Concessions Very limited historic work (drilling, geophysics) Seperate option agreement (lighter touch)

First ever systematic exploration of Buen Retiro

View the presentation

2024 Catalysts

  • Pre-IPO Raise

    US$4M For Year 2 Work Program*

    • Year 2 work program, minimum US$2.5 M
    • Listing costs, US$ 0.5 M
    • Treasury buffer, US$ 1.0 M

  • TSXV IPO H2 2024

    US$10M To Cover

    • Remaining Year 3-4 work program, minimum US$ 4.4 M
    • Option exercise payments, US$ 4.1 M
    • G&A US$ 1.5 M

  • Exploration Program

    To Include:

    • DTH drilling to extend open mineralisation trends North & South
    • Infill and Step-Out drilling on oxide mineralisation
    • Petrography, mapping, and drilling for sulphide mineralisation

The Team

A little preamble about your combined skillsets and history

Matthew Gordon

Director, Chair

Global banking, marketing, and executive experience

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Merlin
Marr-Johnson

Executive Director

Global natural resources (corporate & technical), and banking experience

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Gilberto Schubert

Director, MD

Exploration, development, evaluation, production experience

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Irene del Real Contreras

Consultant

Ph.D from Cornell University; Assistant Professor at Austral University, Valdivia,Chile

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Get in touch

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