Samco Gold’s principal business is the acquisition, exploration and development of precious metals resource properties in Argentina.
The Company’s principal mineral property is the 8,000 hectare El Dorado-Monserrat epithermal gold project, located in the Deseado Massif region of Santa Cruz Province, Argentina, approximately 10 kilometres due west of the Cerro Vanguardia Mine operated by AngloGold Ashanti Limited. The Company’s goal is to become a producer of gold, initially through the exploration and development of El Dorado-Monserrat.
Samco Gold also owns a portfolio of other mineral exploration properties in the Deseado Massif including the 5,000 hectare Corina project which sits on the northern boundary of Yamana Gold’s Cerro Moro property and the 11,000 hectare 2G’s project, comprising two proximal concessions situated in the belt of mineralization in the western region of the Deseado Massif proximal to Mirasol Resources’ Joaquin and Virginia/Santa Rita projects.
Samco Gold combines an experienced Argentinean geological team, responsible for the development of some of the most significant discoveries in the country, with a seasoned international management team and board.