Bendi Gold Project
100% interest
5,925 hectares TITLED & UNDER APPLICATION
Department of Puno, south-eastern Peru
Overview
The Bendi Gold Project is located in the Benditani Mine district in Carabaya Province in the Puno Orogenic Gold Belt (‘POGB’). Initial staking by Palamina was carried out at the bottom of market in 2017 to cover 2 district scale structures similar to that hosting the Capac Orcco gold deposit held by Penoles to the east. In 2018 Fresnillo staked most of the open ground in the area. Palamina has been advancing its understanding of the geological structures in the Benditani Mine district and their relationship to historical and current operating small-scale gold mines in the area.
Palamina has participation in 8 projects in the Puno Orogenic Gold Belt
Infrastruture
The Benditani gold-mining district, dating back to pre-Inca-Colonial times, currently has some 10 mines in active operation with up to 15 occurrences of gold mineralization. Some of the better known mines include Benditani, Quoquellusta, Monteflor, Cuchilla, Caymen de Oro, Santo Domingo mines.
Access to the Benditani properties is a 7-hour drive from the domestic airport at Juliaca via the towns of Crucero, Coasa and Esquena. Elevations at Bendi fluctuate between 2,500 to 4,300 metres and due to the altitude rock exposure is generally excellent over the majority of the properties.
Geology
Staking focused on covering 2 district-scale structures identified by Palamina’s field work. The first a >7 km long thrust-related shear-zone occurring sub-parallel to the Benditani mine structure along which Palamina reports chip samples returning 25.4 and 9.9 g/t gold at the Mantos Gold Anomaly. The second a >15 km long, sub-parallel NW striking structural corridor developed in the core of an anticline. Palamina has discovered an area of anomalous gold along this feature – the Carol Anomaly which returned 4 metres grading 0.25 g/t gold in chip samples collected south-west of the third party Huacolcota producing mine.
