FLAGSHIP ACQUISITION · GOLD · CHILE

CAUR Gold Project

A drill-tested gold exploration project in Chile’s Maricunga Gold Belt, with priority targets for follow-up exploration.

2,100 ha7 exploration concessions
5 RC drill holes1,594 metres drilled historically
~30 kmSoutheast of Salares Norte

PROJECT POSITION

Position in the Maricunga Gold Belt

MariGoldX has acquired CAUR as its flagship gold exploration project in Chile’s Atacama Region, approximately 30 km southeast of Salares Norte.

The Maricunga setting provides the regional context. CAUR’s historical drilling, surface geochemistry and alteration mapping form the project’s own exploration evidence.

Review the historical gold results ↗
CAUR concession perimeters, historical drill collars and nearby projects

HISTORICAL EXPLORATION EVIDENCE

Historical gold results and exploration potential

Historical gold intersections within an under-tested high-sulphidation system.

Direct evidence at CAUR

  • 5 RC drill holes / 1,594 m drilled
  • 44 m at 0.51 g/t Au
  • 84 m at 0.18 g/t Au
  • Rock chips up to 4.1 g/t Au

Geological opportunity

  • Extensive silica–alunite–kaolinite alteration
  • Native sulphur at surface
  • Structural and geochemical targets require further testing

Proven district scale

Multi-million-ounce regional gold systems:

  • Salares Norte / Gold Fields
  • Fenix Gold / Rio2
  • Lobo-Marte / Kinross
  • Norte Abierto / Barrick–Newmont

EXPLORATION THESIS

Test the scale and continuity of the gold-bearing system.

Review the historical exploration ↗

REGIONAL CONTEXT

District setting and neighbours

The Maricunga Gold Belt hosts epithermal gold–silver and porphyry copper–gold systems. These supporting maps show CAUR’s wider setting and surrounding mining interests.

Location in an established gold district

CAUR lies in the Atacama Region of northern Chile. The belt hosts epithermal gold–silver and porphyry copper–gold deposits.

Salares Norte, La Coipa, Fenix Gold, Lobo-Marte and Norte Abierto provide regional geological context for exploration.

Nearby deposits, their resources and their economics are not attributable to CAUR. Their presence does not establish a resource or endorse MariGoldX.

CAUR and the surrounding gold district AI-enhanced presentation illustration based on the supplied Google Earth regional image. Project and operator labels provide historical context and may not represent current ownership. Locations and terrain are illustrative. Nearby projects do not establish a CAUR resource.

Neighbouring concessions and mining groups

The supplied concession map places CAUR within a wider district of gold exploration and other mining interests.

Gold Fields, Kinross and Fenix Gold appear around CAUR in the original map. ENAMI, Codelco, ERAMET and SQM also appear; their commodity interests vary.

All holdings and boundaries are indicative and subject to current title verification. Company labels do not imply a partnership or endorsement.

Surrounding concessions and mining groups

HISTORICAL WORK

Historical exploration at CAUR

Drilling and surface sampling provide the starting evidence. Verifying those records and their relationship to the current CAUR concessions is part of the next phase.

2021 · RECONNAISSANCE DRILLING

5 RC drill holes / 1,594 m

The March–April 2021 programme tested four of 12 historical priority targets. The release described two hydrothermal alteration zones and untested targets across the wider historical study area.

HISTORICAL SURFACE EXPLORATION

1,187 soil samples

The reported historical programme included surface sampling and reconnaissance drilling that outlined extensive silica–alunite alteration. Historical anomalies extend up to 2.5 km, with several covering more than 1 km².

OCTOBER 2026 · TARGET REFINEMENT

New mineralogical context

Mapped acidic alteration and possible hotter centres reinforce the historical hydrothermal interpretation and help focus follow-up work.

HISTORICAL SURFACE EXPLORATION

Soil and colluvium geochemistry

The original panels place historical sampling alongside a gold-geochemistry surface. They help explain the basis for follow-up mapping and sampling across the wider historical study area.

Historical soil and colluvium geochemistry Gold is shown in parts per billion (Au ppb). Historical sample positions, assays and overlap with current CAUR titles require verification. Interpolated anomalies do not establish grade continuity or an economic deposit.

GEOLOGICAL INTERPRETATION

Geological model and structural controls

Advanced argillic alteration supports a high-sulphidation epithermal exploration model. Further work will test interpreted mineralised structures and the distribution of gold at depth.

HYDROTHERMAL FOOTPRINT

Surface clues to guide exploration

  • Opaline silica–alunite–kaolinite alteration
  • Native sulphur at surface
  • Possible shallow alteration beneath volcanic and colluvial cover

The assemblage supports continued testing for mineralised structures. Preservation and gold distribution at depth require drilling.

The model is conceptual and does not establish an economic deposit.

Conceptual CAUR geological model Conceptual cross-section. Geometry, depths and target assignments require field verification. An underlying porphyry remains a secondary, untested hypothesis.

Maricunga Belt: porphyry–epithermal model

Maricunga Belt · porphyry–epithermal model Regional conceptual framework. CAUR’s deeper porphyry hypothesis remains untested.

STRUCTURES & TARGETING

Structural intersections guide target selection

01

Regional framework

NW-trending faults and cross-cutting NE structures are interpreted in the project area.

02

Targeting approach

Test where structures coincide with mapped alteration and repeatable geochemical anomalies.

03

Field validation

Confirm fault geometry, outcrop relationships and practical drill access before final target selection.

GEOSTEIN · ALTERATION AND HSI

Alteration mapping and hyperspectral evidence

Regional alteration mapping sets the framework. The HSI layers then show acidic alteration, individual pyrophyllite responses and possible hotter centres for field follow-up.

HSI identifies surface minerals. Interpretations require field confirmation and do not establish gold grade, continuity or an economic deposit. Study windows and map outlines are not verified concession boundaries.

REGIONAL ALTERATION CONTEXT

Regional alteration framework

The original Geostein overview brings silica, advanced argillic, phyllic and other mapped alteration classes into one regional view.

Use it alongside the mineral-specific HSI maps to frame field mapping and sampling. The next step is to verify where interpreted alteration, structures and gold geochemistry coincide within confirmed CAUR boundaries.

Compare the mineral-specific maps ↗
Regional alteration overview Geostein alteration map. Colours represent mapped alteration classes, not gold grades. Outlines and concession overlap require verification.

Mineral evidence in sequence

Acidic alteration: alunite, kaolinite and dickite

HYPERSPECTRAL IMAGING · GEOSTEIN

Acidic alteration at surface

Alunite, kaolinite and dickite map the surface expression of acidic advanced argillic alteration.

Read the combined mineral map alongside the pyrophyllite layer, structural interpretation and historical geochemistry to guide field validation and drill targeting.

Inspect the pyrophyllite layer ↗
CAUR · acidic alteration map Geostein HSI report, p. 34 · PRISMA hyperspectral data. Alunite, kaolinite and dickite indicate surface alteration, not gold grade. The outlined study window is not a verified concession boundary.
Pyrophyllite distribution

Pyrophyllite as an exploration clue

Spectral responses consistent with pyrophyllite occur in localized east-central and western areas. This mineral supports interpretation of relatively hot, acidic alteration.

Use this layer alongside structures, gold geochemistry and field-confirmed mineralogy to define follow-up targets.

See the combined hot-zone interpretation ↗
CAUR · pyrophyllite distribution PRISMA hyperspectral data, prepared by Geostein. Spectral responses require mineralogical confirmation. The study window is not a verified concession boundary. HSI does not establish gold grade, continuity or an economic deposit.
Combined hot-zone alteration

HYPERSPECTRAL IMAGING · GEOSTEIN

Possible hotter alteration centres

Hot-zone mineral mapping helps prioritize field follow-up.

This map combines the spectral responses of pyrophyllite, muscovite and dickite. Where pyrophyllite and dickite coincide, the association may indicate relatively hotter acidic alteration centres.

The next step is to confirm these minerals in the field, then integrate alteration with structures, historical drilling and gold geochemistry to rank targets.

Inspect the pyrophyllite evidence ↗
CAUR · hot-zone alteration map PRISMA hyperspectral data prepared by Geostein. Pyrophyllite + muscovite + dickite. Enlarge to inspect the original map and legend.

CAUR · INTEGRATED TARGETING

HSI and drilling sharpen the search for gold

Bring the historical drilling, surface geochemistry and field-confirmed alteration together to rank the next drill targets.

HSI supports the alteration model

Mapped acidic alteration and possible hotter centres are consistent with the hydrothermal interpretation from historical exploration. Field validation remains essential.

A nearby hole can miss a stronger zone

Gold may concentrate in structures or breccia bodies within a broader alteration footprint. Hole position, direction and depth determine what each hole tests.

Historical gold intersections

Five RC drill holes tested only part of the historical target inventory. The reported gold intersections support follow-up, while grade continuity, geometry and scale remain to be established.

Salares Norte: a discovery example

Its initial four-hole RC programme included discovery hole SNRC002: 96 m at 1.54 g/t Au. Follow-up drilling defined the deposit. This analogy does not establish a deposit at CAUR.

Read the Salares Norte discovery record ↗
From exploration clues to discovery · original comparison

The role of targeted follow-up

Salares Norte is included as a historical exploration-process example. It illustrates the progression from early clues through drilling and delineation.

From exploration clues to discovery The 3.9 Moz Au and 43.7 Moz Ag snapshot is effective 31 December 2018, published by Gold Fields on 10 April 2019. The original graphic’s 2018 presentation citation is corrected here. They do not establish equivalent grades, resources or an orebody at CAUR. CAUR grades remain management-supplied and subject to verification. Reported intervals are drill lengths, not true widths.

The next objective is to test gold concentrations where field-confirmed HSI alteration coincides with structures and gold geochemistry within verified CAUR boundaries.

HSI does not establish gold grade or an economic orebody. Historical assays require verification. Reported drill lengths are not true widths. CAUR has no mineral resource or reserve.

NEXT PHASE

Proposed exploration work programme

Apply an integrated exploration sequence to validate the geological model and select the next drill targets.

  1. 01

    Understand the system

    Refine the Andean high-sulphidation Au–Ag model. Verify historical collars, logs, assays and the geological interpretation.

  2. 02

    Satellite imagery and targeting

    Process ASTER imagery and integrate hyperspectral mineral maps and terrain data for targeting.

  3. 03

    Map geology and alteration

    Map lithology, structures and concession boundaries. Confirm key alteration facies with field SWIR/XRD.

  4. 04

    Sample geochemistry

    Plan approximately 200 rock and trench samples with QA/QC. Test gold and pathfinder-element anomalies.

  5. 05

    Test with geophysics

    Select ground magnetics and CSAMT/IP surveys to test the geological model and target geometry.

  6. 06

    Validate and rank targets

    Integrate the results in a 3D geological model, test the interpretation early and cost the priority drill targets.

CAUR project · Next steps

Persistent, systematic exploration

Refine the interpretation as data accumulate, follow up results methodically and remain alert to unexpected discoveries.

Supportive management, budgets and local autonomy

Maintain consistent funding, technical continuity and clear decisions led by the field team.

FUNDING LINKED TO TECHNICAL MILESTONES

Each phase informs the next decision

PHASE 1

Validate and rank

Data compilation, field mapping, sampling and survey design.

Decision: select priority drill targets.
PHASE 2

Test the targets

A proposed 3,000–6,000 m programme, refined after Phase 1 and subject to funding and permits.

Decision: assess grade and continuity.
PHASE 3

Assess discovery potential

Follow-up drilling and resource assessment only if results support further investment.

Decision: advance, redesign or stop.

Scope and timing depend on funding, permits, access and results. Deeper feeder and porphyry concepts remain exploration hypotheses.

PARTNER WITH MARIGOLDX

Discuss the next phase of CAUR exploration

We welcome discussions with investors and mining partners on staged exploration funding or a project partnership.

Contact the team

Project image