Project Overview
Chañaral is an igneous phosphate located in proven mining region in Chile.
The project contains high grade ore suitable for phosphoric acide production and potential supply into the LFP battery market.
The project is strategically positioned near existing transportation infrastructure, operating mines and the “Lithium Triangle”, creating potential exposure to future battery supply chain demand.
| Location | Antofagasta Region, northern Chile |
| Deposit Type | Igneous Phosphate Deposit |
| Product Potential | Phosphoric Rock for LFP Supply Chain |
| Infrastructure | Near ports and transport infrastructure |
| Region | Proven mining and industrial region |
| Exploration | JORC inferred resource report and magnetometry survey complete |
KEY PROJECT METRICS
Igneous Deposit
High grade ore suitable for phosphoric acid productiion
LFP Exposure
Potential supply into the LFP battery market
strategic location
Near ports, infrastructure and operating mines
Exploration Upside
New magnetic anomalies identified in 2025 survey
Copper Region
Located in a proven copper production district
Operations & Geology
- Igneous phosphate deposit
- Potential suitability for phosphoric acid production
- Located near existing mining operation and infrastructure
- Industrialised mining region with precedent mine approvals
- Existing geological and magnetometry work completed
Exploration Upside
A 2025 magnetometry survey identified significant new magnetic anomalies adjacent to the existing inferred phosphate blocks.
Given the regional geology and proven deposits in the area, these anomalies may be associated with phosphate, copper and/or iron mineralisation.
The neighbouring property is commercial copper producing mine extracting approximately 6 million tonnes per annum of ore.
