Argentina’s Porphyry Copper Potential

While the Andean belt of Chile contains porphyry copper deposits of considerable economic importance, only one major and several minor deposits of this type have been discovered in neighboring Argentina. There are no obvious geologic reasons for the country's apparent paucity of important porphyry copper deposits. Instead, a lack of exploration because of poor accessibility and past inadequate mining legislation may partly account for this situation. Western Argentina has porphyry copper prospects ranging in age from late Paleozoic to Pliocene. Many of these prospects have host rock and alteration characteristics that are very similar to those of large Chilean deposits. The economic potential of many of these prospects has not been tested adequately by geoehemical, geophysical, or chilling programs. A recently enacted mining promotion law and updated mining code removes some past exploration obstacles in Argentina, and makes in-depth exploration and evaluation of' the county's porphyry copper potential attractive.