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    Geological Minin

    Potential of Ecuado

    By:

    By:

    John E. Bolaos

    (P.Engineer, M.Sc., M.C.S.M.., QP Geo.)

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    Ecuador: 620 Km of the Andes

    Surface 283,600 Km2

    It is parte of theCircum-Pacific belt.

    The Huancabamba

    deflection marks a

    geological and

    structural boundary. Complex subduction

    zone creating several

    tectonic frames.

    Surface of the Andes +

    Cordillera Condor 8 M

    Ha

    Location of tRepublic of Ecu

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    The geological literature of Ecuador starts in 1892 when TeWolf published the study Geography and Geology of Ecua

    After Wolf, several authors published various geological padescribing geological and mineralogical targets in EcuadorHolloway, 1932 among others).

    Later, during the 60s to the 90s, Ecuador signed internatiagreements for technical cooperation with several countri

    U.K., Japan, Belgium, Germany, etc. One of the most productive programs carried out in Ecuad

    Environmental Control and Mining Development Project

    (PRODEMINCA) carried out during 1997 and 1999 with theparticipation and financing of the World Bank and the Govof U.K., Sweden and Ecuador.

    BRIEF HISTORY OF THE GEOLOGY

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    INIGEMM

    VISOR GEOGRFICO y GEOLGICO

    Informacin disponible:

    Infraestructura

    :

    Puertos

    Martimos,

    Aeropuertos,

    VCentrales

    Elctricas

    Patrimonio

    de

    reas

    Naturales

    del

    Estado

    (MAE) Catastro

    Minero

    (ARCOM) Geologa

    Simplificada Base

    de

    Datos

    de

    Sedimentos

    Fluviales

    (Au

    y

    Cu) Geofsica

    Recopilada

    Informacin

    de

    Proyectos

    Pblicos

    y

    Privadoswww

    .

    geoinvestigacion

    .

    gob

    .

    ec

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    Roads Net & Portsin Ecuador

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    Geological Map of theRepublic of Ecuador,

    Scale: 1:1.000.000British Geological

    Survey and CODIGEM ,1993

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    Mapa de las divisioneslitotectnicas

    (terrenos)

    del Ecuador.

    (Litherland y Zamora, 1991)

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    Tectono -MetallogenicMap of the Republic of

    Ecuador,Scale: 1:1.000.000

    British Geological Surveyand CODIGEM , 1993

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    AuriferousPotentialMap ofEcuador

    (Fungeomine

    Capemine2008

    GEOLOGICAL INVESTIGATION

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    GEOLOGICAL INVESTIGATION

    2016

    REAL CORDILLERA & EASTERN

    SUBANDEAN ZONE

    SCALE 1:100,000

    GEOLOGICAL MAPPING:

    30 geological maps scale 1:100,000 covering

    an efective area of about 60,000 Km2

    STREAM SEDIMENTS GECHEMISTRYApproximate surface coverage 48.000 Km2

    (Source: INIGEMM, 2015)

    GEOLOGICAL INVESTIGATION

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    GEOLOGICAL UPDATE OF THE

    COAST, WESTERN CORDILLERA & AMAZON

    103 geological maps scale 1:100,000

    Coverage of about 160,000 Km2

    GEOPHYSICS

    Airborne magnetometry and gravimetry

    GEOLOGICAL INVESTIGATION

    2016

    MINERAL OCCURRENCES SURVEY

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    DETAILED RESEARCH OF ZONES OF MINING POTENTIAL.

    Additional diamond drilling programs if deserved.

    GEOLOGICAL DATABASE OF ECUADOR

    Databse and implementation of the national geological roc

    repository.

    QA&QC (AUDITING):

    Through a qualified-profesional consulting firm with the

    corresponding geological background to audit processes a

    MINERAL OCCURRENCES SURVEY

    2016

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    MINING BLOCKS TO BE OFFERED INIGEMM

    S

    GEOLOGICAL AND MINING POTENTIAL

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    GEOLOGICAL AND MINING POTENTIAL

    OF THE ANDES, ECUADOR

    The spatial-time distribution of the Cu

    porphyries and related epithermal

    mineralizations of the Peru

    metallogenic belts are very similar to

    those ones in Ecuador.

    Source: (Ph.D. Thesis Philip Shtte, 2010, University of

    Geneve)

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    GEO-STRUCTURAL DOMAINS

    (TERRANES)

    From West to East Ecuador countswith 6 geo-structural domains:

    1. The Fore Arc Basin of theCoast

    2. Western Cordillera

    3. Interandean Graven

    4. Real or Central Cordillera

    5. Eastern SubAndean Zone

    6. Back Arc Basin of Iquitos

    (Figure after Litherland and Zamora 1991)

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    (Figure aftZamora 19

    1. The ForCoast

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    1. THE FORE ARC BASIN OF THE COAST

    Is the lower and flat zone to the W.

    Cretaceous to Cenozoic basin underlainby aloctonous basaltic ocean crust(Ocean Pion Terrane).

    Geo-mining potential:

    Fe+Ti+PGMs sedimentary (Esmeraldasand Manabi)

    Au+Fe+Cu placer deposits related torivers to the W of the WesternCordillera.

    Au+Sb+Hg+Ba Epi-Mesothermaldeposits to the S of the Coast (El Oro).

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    2. Western

    (Figure after Litherla

    2

    WESTERN CORDILLERA

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    2. WESTERN CORDILLERA

    Located between the fore-arc of the Coast and the graven or

    InterAndean Central Valley.

    Formed by an accretionary prism mainly of ocean crustcomposition, continental crust and accreted Late Mesozoic to

    Cenozoic ocean terrains (Pion, Pallatanga, Macuchi). It is overlain by calc-alkaline Post-Eocene continental margin

    volcanic sequences.

    Geo-Mining Potential:

    Au+Pt placer deposits (i.e. rivers in Toisan Cordiller

    Au+Ag+Cu+Fe VMS in Macuchi Unit.

    Cu+/-Au+/-Mo porphyry deposits (Imbabura, Boliva

    Azuay).

    Au+Cu High Sulphidation Epithermal deposits (Ma

    Unit).

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    (Figure af

    Zamora 1

    3. Inte

    3

    INTER

    ANDEAN GRAVEN

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    3. INTER-ANDEAN GRAVEN

    Bounded by regional faults with Andean bearing.

    Oligocene to Miocene volcano-sedimentary sequences that cover the

    Amotape and Guamote terrains. Geo-mining potential:

    Au+Ag+/-Cu+As+Sb+Hg Epithermal deposits (Azuay and Loja).

    Cu+Mo+/-Au+/-Zn+/-Bi Porphyry deposits to the S of Ecuador

    Au+Ag+Cu+Zn+Pb Epi-Mesothermal deposits to the S of Ecuad

    Sn+W / U associated to S type Granitoids in the Amotape terra Cu+Ni+Co+/-Cr+PGMs deposits associated to ultramafic rock

    complexes mainly in the Amotape terrain.

    Fe+Cu+Zn+/-Pb+Au VMS related to the Amotape terrain.

    Cu+-Zn+Pb+Ba deposits related to granitoids on the Guamote

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    4. REAL CO

    (Figure

    4 REAL CORDILLERA

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    4. REAL CORDILLERA

    Assosiated to the Alao Division (Jurassic Island Arc) are:

    Ag+Au+Sb+Pb+Zn Epithermal deposits.

    Fe+Cu+Pb+Zn+Ag+Au VMS

    Cu+Au+/-Mo Porphyry depositsPGMs+Au deposits associated to mafic and ultramaficintrusions.

    Associated to the Loja Division (a Triassic S type intrusive) are:

    Sn+W in S type granitoids.

    Cu+Ag+Pb+Zn+Sn+/-W breccias bodies.

    Au+Ag+Cu+As+Zn+Pb+Sb epithermal deposits.

    Associated to the Salado Division (Jurassic-Lower Cretaceousplutonic and island arc lithologies) are:

    Au+Cu+Mo+Pb+Zn skarn klippes.

    Cu+Au epi-mesothermal deposits related to porphyries.(Figure Litherland et. al. 1994)

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    5. Easte

    Zone

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    5. EASTERN SUBANDEAN ZONE

    It comprises the Eastern slopes of the AndesCordillera.

    It is formed by the forearc belt of the basementcovered by volcano-sedimentary sequences.

    It is intruded by large I type batholiths.

    To the N of this zone there is the Cordillera del

    Cutucu, an uplifted zone that host importantprospects of Au+Cu+other.

    To the S there is the El Condor Cordillera whichcounts with tremendous mineral discoveries ofAu+Cu+U+others.

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    GEOLOGICAL AND MINING

    POTENTIAL

    OF ECUADOR

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    GEOLOGICAL AND MINING POTENTIAL OF ECUADOR

    6. BACK ARC BASIN OF IQUITOS

    It comprises the Oriente orAmazonian basin mainly form

    by sedimentary and volcano-sedimentary sequences.

    It hosts the most important oilfield of Ecuador.

    Associated to it there areimportant Au+Fe placerdeposits.

    Si deposits are associated to

    some sedimentary formations MINING

    DISTRICTS

    IN ECUADOR

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    MINING DISTRICTSIN ECUADOR

    1. Imbaoeste (Cordillera Occidental).

    2. La Plata district (Cordillera

    Occidental).3. Azuay district (Cordillera Occidental

    and Cordillera Real).

    4. La Bonita district.

    5. Cayambe district.

    6. Alao Paute District (Cordillera Real).

    7. Zamora District (Cordillera delCondor).

    (Figure Fungeomine, 2008)

    PORPHYRY COPPER

    BELTS

    OF

    THE NORTHERN ANDES

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    OF THE NORTHERN ANDES

    Imbaoeste District: Chical, Llurimagua,Cascabel

    Azuay District: Cu+Mo+/-Au porphyrydeposits: Chaucha, Gaby&PapaGrande, Fierro Urcu, etc.

    Zamora Districts: FDN, San Carlos,Mirador, Warintza, Cumay, Tumi, ElHito&Santa Barbara, etc.

    (Modified from Sillitoe, Prodeminca, 2000)

    EPITHERMAL MINERALIZATION

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    Porphyry related epithermalmineralization are known to occurwithin the litotectonic terranes of theAndean Cordillera of Ecuador.

    i.e. Gima, Mozo, Encrucijada,

    Beroen,etc.

    (Modified from Sillitoe, Prodeminca, 2000)

    PORPHYRY COPPER

    BELTS

    OF

    THE NORTHERN ANDES

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    OF THE NORTHERN ANDES

    Each district has been subdivided into

    mineralized belts and orefields. For example:The Azuay District (Collay Shincata Belt,Molleturo ore field and Ponce EnriquezOrefield), the Zamora District (Nambija Belt,San Juan Bosco orefield and Pachicutzaorefield).

    (Modified from Sillitoe, Prodeminca, 2000)

    EPITHERMAL DEPOSITS

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    High sulphidation epithermal deposits(alunite-Kaolinite) have been encountered inthe Azuay District (Gaarin Belt, i.e.

    Quimsacocha; and Collay-Shincata Belt, i.e. ElMozo , Asaray, Cerro Colorado and LomaQuipal projects).

    Some other occurrences of this type ofmineralization have been described to the

    south in the Loja Province (i.e. La Encrucijadaand Quinapalma projects) suggesting theextension of the Collay-Shingata belt to thesouth.

    (Figure Prodeminca 2000).

    EPITHERMAL DEPOSITS

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    Low sulphidation epithermal

    deposits/systems (adularia-sericite) havebeen described also in the Azuay District(Molleturo orefield i.e. Beroen project;Gaarin Belt i.e. Gaarin project; andCollay-Shicata Belt i.e. La Encrucijada

    project).

    (Figure Prodeminca 2000).

    VMS

    DEPOSITS

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    Volcanic hosted massive sulphides have

    been related to the La Plata District (i.e La

    Plata and Macuchi projects) located on the

    western slopes of the Cordillera Occidental.

    Another important district for VHMS

    deposits is the Alao-Paute District located

    In the Cordillera Real (i.e. Pilas, Cruzactaand Guarumales projects).

    (Figure Prodeminca 2000).

    MAIN MINING PROJECTS ECUADOR

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    Simbologa:

    Proyectos Privados

    Proyectos Enami-Ep

    9

    11

    14

    15

    11

    12

    13

    16

    12

    34

    5

    6

    7

    9

    17

    1314

    12

    15

    1

    2

    3

    4

    5

    6

    7

    8

    Fuente: MRNNR, Wood Mackenzie

    10

    10

    Proyecto Co

    Mirador E

    Fruta del Norte L

    Rio Blanco Ju

    Loma Larga INV

    Panantza E

    Cascabel S

    Curipamba Cu

    Warintza L

    Ruta de Cobre South

    Condor Gold Cond

    Llurimagua ENAM

    Tola Norte E

    Telimbela EEl Torneado E

    Pacto E

    La Bonita E

    Sangola E

    Nanguipa E

    17

    18

    16

    18

    8

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    MAIN MINERAL

    DEPOSITS IN

    ECUADOR

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    GENERAL

    RECORDED

    MINERAL

    OCCURRENCES

    IN ECUADOR

    (Source: Prodeminca, 2000)

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