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Description:
Entropy Resources Pty Ltd is a fledgling joint Australian and Argentinean company whose strategy is to find, acquire, develop and operate gold-copper and base metals mines in Argentina. The Company is focussed on obtaining funds to explore the Amiches, San Francisco , Cerro Blanco and Manantiales epithermal Au-Ag and porphyry Cu-Au-Mo systems in the San Juan region of Argentina.
Entropy is not a junior company with rapidly compiled assets to exploit the present commodity boom.
Entropy is searching for world class Epithermal Gold and Porphyry Style Copper-Gold deposits in Argentina. It already has Lead, Zinc and base metals deposits in its flagship project Amiches.
Entropy is the product of two years of strategic planning and exploration targeting, followed by acquisition of the more sought after large extension / highest potential areas for the discovery of significant mineral deposits in a hot-spot of the mining landscape of Argentina.
Entropy is a private company that has self-funded all the necessary expenses to build and maintain the existing portfolio. The company has up to date invested > US$ 450,000 in acquisitions, contracts with underlying owners, legal advice, leases maintenance fees and exploration expenses.
Entropy’s edge and key to success is its Management team, which has a wide exposure to the global and local mining and exploration industry. The company has a worldwide reach for finance and human resources with locations in Australasia, Argentina and North America.
The company has a large strategic ground position in a world-class mineral province, acquired over several years, over 60,000 has (600 km2) of highly prospective ground turned over.
Our Exploration Strategy: Apply state-of-the art targeting techniques specific for the geological environment under study.
We chose the Pre-cordillera of San Juan because it has a rich > 150 years mining history, a richly endowed terrain, with a gold endowment > 30 Moz, largest deposits discovered recently Veladero & Pascua-Lama. It presents good ground availability with low title, political and environment risk and has a supportive government, San Juan is considered the most “pro-mining province in Argentina” these days.
Entropy Resources has completed a Budget to fulfill the 2008/2009/2010 working plans for all projects: Geology, Geophysics, Infrastructure and 17,500 m RC / Diamond drilling.
Entropy Resources is seeking to rise $ 6 mill to execute the Phase I exploration program for all four properties. This capital will be invested throughout to bring the projects to the advanced exploration stage and define potential resources. We are confident that our company will obtain a solid return on investment within 18-24 months and that investors will break even within one to two years, once the company is prepared for a solid public listing or Joint Venture with first-tier global mining companies. Thank you for considering our funding request.