Buritica North & West Gold Projects

Buritica North & West Gold Projects

The Buritica West and Buritica North Projects are three  claim blocks located immediately to the west and north/northeast of the major discovery by Continental Gold at Buritica/Yaragua. This area is located within the Middle Cauca Belt, which is host to several large gold deposits. Two hours by highway from Medellin, the project area has excellent access with water and power nearby.  The area has seen significant exploration by Continental Gold (CNL), which has completed 45,000 meters of drilling to date at their Buritica Project.  Recent news from Continental indicated the known veins are trending west, towards the Buritica West Project.  Caerus is the only other company to hold exploration ground in and around the Continental discovery area.

Buritica West Project

This claim block is located immediately to the west of the Continental discovery. Recent Mobile Metallic Ion and soil geochemical sampling indicate a gold anomalous zone beginning at the east end of the border trending west onto the claim area. Caerus’ management consider the results an indication of the potential continuation of veins or higher grade mineralization from the Veta Sur and Yaragua Systems of the adjacent CNL concessions. The next phase of exploration will include further MMI sampling, soil sampling and  a ground Induced Polarity evaluation to better define potential vein structures and to identify  drill targets.

LOCATION: Immediately west of Continental gold discovery at Buritica, Antioquia Department

GEOLOGY: High grade vein stuctures, potential continuation of discovery at Buritica

EXPLORATION: Ongoing soil MMI program and planned IP to identify drill targets

OWNERSHIP: 100% Purchase Option

Buricia Noth Project

Located immediately north of the Buritica West and Continental ground, the Buritica North Project covers an area of historical gold mineralization. The Pajarito area  is of particular interest, as it has a history of mining activity. The Company is completing a 60 day due diligence program to better assess the gold potential of the area. Due diligence will include basic geological reconnaissance, mapping and sampling.

LOCATION: Immediately north of Buritica West and bordering Continental Gold at Buritica

GEOLOGY: high grade veins with historic mining in the area

EXPLORATION: ongoing soil geochemistry, geological reconnaissance to identify gold zones

OWNERSHIP: 60 day due diligence period / Purchase Option for up to 80%