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Capricornio is located approximately 50 km from Antofagasta, Chile. The project is located in close proximity to world class operating mines:
- El Peñon (Yamana Gold)
- Lomas Bayas (Xstrata Copper)
- Mantos Blancos (Anglo American)
- Chuquicamata (Codelco)
- Spence (BHP)
As a result of the extensive mining activity in the region, the project is in an infrastructure rich region. The property is traversed by hydro lines, railway tracks and a network of well maintained roads that branch off the main highway running from Antofagasta to Calama. The area boasts numerous operating mines and processing facilities, while the city of Antofagasta is flush with mining services, catering to both exploration and mining companies.
Capricornio can be accessed from Antofagasta is along the Panamerican highway for approximately 50 km, where a lateral gravel road in good conditions branches off to the south with direct access to the Project. Antofagasta is Chile’s most important mining center and is linked to Santiago by road and multiple daily flights. The city has excellent infrastructure, including power supply, port and airport facilities, health and banking services, modern communication facilities, hotel accommodation, and general facilities required for start-ups as well as operating mines. Experienced personnel, including skilled workers and qualified professionals, are available in the Antofagasta and other cities in the region.
Readers are cautioned that the Company is not using adjacent properties to support the exploration and mining potential of Arena's projects. Information on other known deposits is based on public information that has not been verified by the Company's Qualified Person and such information is not necessarily indicative of mineralization on Arena's properties.