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AMERA
RESOURCES
CORPORATION
TITULAR DE LAS
CONCESIONES MINERAS MITU
1, MITU 2, MITU 3, MITU 4, MITU
5, MITU 6, COLINDANTES CON
LA CONCESION MINERA
GOYLLAR 2008 (ex NEGRA
HUANUSHA)
Amera Resources Corporation is a leading gold-copper exploration company
focused on the Americas. Its strength lies in the discovery and advancement of
prospective properties throughout North and South America. Amera is currently
active in the exploration of emerging and prolific mining districts of central and
southern Peru.
Amera's 100% owned Mitu property is a copper silver target. Exploration results from this
property include chip samples that have assayed 4.5% copper and 128 grams per tonne (g/t)
silver over 1.2m and 6.2% copper and 324 g/t silver over 0.4m.
The Mitu property occurs in the same geological setting as Amera's Cocha copper project
where sampling returned assays averaging 0.8% copper and 10 g/t silver over 80 metres
from a series of contiguous composite chip samples. Examples of this style of sediment-
hosted copper-silver deposits include the giant Lubin Deposit (52 Mt Cu, 2,275 M oz Ag1)
in the Kupferschiefer district of Poland and the White Pine Deposit (8.3Mt Cu, 800 M oz
Ag1) in the Upper Peninsula of Michigan.
A total of 10 stream sediment samples were collected in the Mitu Project area. Results
ranged from 8 to 246 ppm copper and 0.1 to 0.4 ppm silver. The highest copper value came
from one sample collected in the central part of the concession reflecting mineralization
associated with the contact between the Mitu and Pucara formations.
The Permian Mitu Formation forms a north-northwest trending belt parallel to the main
geological fabric of Peru and comprises a suite of andesite and rhyolite flows intercalated
with volcanic agglomerate and overlain by fine-grained sandstone with intercalated
mudstone. The Mitu Formation is discordantly underlain by the Permian-Pennsylvanian
aged Copacabana Formation and is covered by the Lower Mesozoic Pucara Formation. The
Mitu property is underlain by clastic sediments of the Mitu Formation and Triassic Pucara
limestone.
From a paved road there are several 4x4 roads leading to different areas of the 5,800
hectare Mitu property. Mitu is located in the Department of Junin, Peru and is
approximately 155km northeast of Lima and 80km southeast of the historic mining camp of
Cerro de Pasco and 110km northwest of the Company's Cocha copper-silver project.
Elevations on the property range from 3700m to 4400m above sea level.
Goyllar 2008
Se aprecia el derecho minero GOYLLAR 2008 (ex NEGRA HUANUSHA), de 300 has.
GOYLLAR 2008
Se aprecia el derecho minero GOYLLAR 2008 (ex NEGRA HUANUSHA), de 300 has.
Mitu May 3 b
GOYLLAR 2008
Se aprecia el derecho minero GOYLLAR 2008 (ex NEGRA HUANUSHA), de 300 has.
CERTIFICADO DE VIABILIDAD AMBIENTAL N° 087-2008-MWM-AAM (PARA
EJECUCION DE 10 SONDAJES DIAMANTINOS)
MITU - KUPFERSCHIEFER FORMATIONS: SIMILARITIES AND DIFFERENCES,
PERÚ – POLAND
CONTRATO DE OPCION DE TRANSFERENCIA DE LAS CONCESIONES MINERAS
MITU 2, MITU 3, MITU 4, COLINDANTES CON LA CONCESION MINERA GOYLLAR
2008 (EX NEGRA HUANUSHA), POR UN VALOR DE US$ 2 000 000 CADA UNA