About The Company
FREDONIA MANAGEMENT Ltd. is endorsed by the experience of the management staff of GRUPO MINERO ACONCAGUA S.A., with over thirty years participating in the promotion, financing structuring and development of mining projects. The company has a portfolio of exploration licences, in Santa Cruz Province (Argentina), close to a number of known mines and prospects.
Our main Company Values are a great experience in exploration and a qualified teamwork, all of this, taking care of our natural environment.
Capital Structure
Percentages of Management and Board ownership
Deseado Massif Opportunity
The properties are located within the Deseado Massif, a world-class mining district, where important prospects of gold and silver are situated, being located most of the active mines of Patagonia. Between them: Cerro Vanguardia (AngloGold Ashanti) - 7.3 M oz Au + 104 M oz Ag -, Manantial Espejo (Pan American Silver) - 45.8 M oz Ag and 400,000 oz of Au -, Martha (Coeur Argentina) - 28 M oz Ag -, San Jose - Huevos Verdes (Hoschild – Minera Andes) -700,000 oz Au and 44.2 M oz Ag-, Cerro Negro (Gold Corp) – at least, 3.1 M oz Au and 25 M oz Ag - and Cerro Moro (Yamana Resources) - 612,000 oz Au equivalent.
With favourable geology the Deseado Massif precious metal province is still in the very early exploration stage and provides investors a good opportunity to understand the new precious metal district of the Deseado Massif, knowing more than 30 sets of precious metals that have been discovered over the past 20 years, representing epithermal systems of low to intermediate sulphidation (Au-Ag deposits). The main metallotect at Deseado Massif are the volcanic rocks from the Jurassic and Cretaceous periods, called Bahia Laura Volcanic Complex. This group comprises the Bajo Pobre Formation (basic to intermediate volcanism) and the more felsic Chon Aike and La Matilde Formations (rhyolitic ignimbrites, dikes, tuffs and epiclastic sediments). The quartz veins may be brecciated and contain adularia, barite and calcite with sulphides, haematite, limonite, among other. Several textures of quartz occur, as barite-calcite replacement or banded-colloform (multi-episodes infill veins).