We perform most of the exploration work with its own equipment and staff
With that in mind, Fomicruz works to:
● Identify prospective areas, whether they are unknown or already known by other companies, and to secure them with mineral permits for their exploration and eventually, their development.
● Determine the mineral potentiality of those areas by exploring them at the ground surface with geological and geophysical methods.
● Develop its most prospective properties by drilling previously generated targets, for better interpreting the geological characteristics and configuration of the mineralized systems.
● Join with private companies for the advanced stages of exploration of the projects and eventually, for their development into mines.
Fomicruz perform most of the exploration work with its own [FP1] equipment and staff. It owns a fleet of several pickups and trucks, a backhoe, a diamond drill rig, and trailers for installing camps. In addition, the Company owns equipment for specific geological and geophysical investigations, including a Terraspec reflectance spectrometer, two magnetometers and in the near future, a portable XRF analyzer.