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Cabo Cobalt

The Cabo Property is an early-stage exploration asset located in Lorrain Township within Ontario’s historic Cobalt Camp, a region known for high-grade silver and cobalt mineralization. The property consists of eight claim units and hosts multiple historical showings, a shaft, and several documented drill holes.

PROJECT OVERVIEW

The Cabo Cobalt / Diamond Property is an early-stage exploration asset located in Lorrain Township within Ontario’s historic Cobalt Camp. The property hosts multiple historical showings, a shaft, and documented drilling, indicating the presence of cobalt and polymetallic mineralization, along with reported diamond occurrences.

Located Within a Historic Cobalt Mining District

The property is situated in Ontario’s Cobalt Camp, a historically significant district known for high-grade silver and cobalt production, with established infrastructure and geological understanding.

The property hosts three documented showings, a shaft, and historical drilling, providing multiple points of interest for follow-up exploration.

Historical reports and recent sampling indicate the presence of cobalt mineralization, including a sample returning 1.22% cobalt from the Giroux Shaft.

In addition to cobalt, historical reports indicate the presence of nickel, silver, and reported diamond occurrences associated with breccia and lamprophyre zones.

ting showings and historical work provide a foundation for systematic exploration, including mapping, sampling, and potential geophysical surveys to refine targets.

PROJECT SNAPSHOT

LOCATION

Lorrain Township,
Ontario

LAND POSITION

8 claim units

PROXIMITY

Located within historic Cobalt mining district

REGIONAL SETTING

Abitibi / Superior Province (Cobalt Camp)

COMMODITY

Cobalt + Silver + Nickel
w/ reported diamonds

GEOLOGICAL FEATURE

Breccia zones + lamprophyre intrusions

ACCESS

Regional roads & existing infrastructure

EXPLORATION STAGE

Early-stage / historical work completed

PROJECT SUMMARY

A. Location & Jurisdiction

The property consists of eight claim units located in Lorrain Township within the Cobalt Camp in Ontario, one of Canada’s most historically significant districts for silver and cobalt production, with established infrastructure and a long history of mining activity.

B. Geological Context

The Cabo Property is underlain by mafic to intermediate metavolcanic rocks and granitoid intrusions. Historical reports indicate the presence of lamprophyre and breccia zones, which are locally associated with cobalt mineralization and reported diamond occurrences.

C. Structural Setting / Controls

Mineralization in the Cobalt Camp is typically associated with structurally controlled vein systems and breccia zones. At Cabo, historical showings are interpreted to be linked to these structural environments, which may serve as pathways for mineralizing fluids and localized concentration of cobalt and associated metals.

Ministry of Mines MLAS mining property map showing claims sectioned in grid pattern

HISTORIC DRILLING & MINERALIZATION

Drill Highlights

    • Historical drilling completed at Showing #1
    • Several drill holes and surface workings identified across the property

Report Results (Historical)

    • Showing #1
      • Reportedly returned 95 diamonds
      • Largest diamond recorded at 2.64 mg
      • Associated with lamprophyre and mafic breccia
    • Showing #2
      • Includes a shaft approximately 50 feet in depth
      • Reportedly returned nickel, silver, and cobalt mineralization
    • Giroux Shaft (Atacama Sampling)
      • Sample collected by Atacama reportedly returned 1.22% cobalt
    • Showing #3
      • Historically reported cobalt mineralization
      • Presence of micro-diamonds noted

Historical results do not constitute current mineral resources or reserves.

Rugged terrain in Canadian Shield, featuring jagged ridges of dark, weathered Nipissing diabase rock and grey granite outcrops with small clearing

EXPLORATION PROGRAM

Geophysical Surveys

Evaluation of potential geophysical methods to identify structural features and conductive zones associated with cobalt mineralization.

Structural Targeting

Assessment of breccia zones, lamprophyre occurrences, and structural controls to refine exploration targets.

Drilling Program

Future drilling may be considered following verification of historical results and identification of priority targets through surface work.

STRATEGIC POSITIONING

The Cabo Property provides exposure to cobalt and associated metals within a historically productive mining district, with additional upside potential from reported diamond occurrences. The project represents an early-stage opportunity for systematic evaluation within an established geological setting.

PROJECT STATUS

The Cabo Property is at an early stage of exploration. Historical data indicates the presence of cobalt and polymetallic mineralization; however, additional work is required to verify historical results and evaluate the extent and continuity of mineralization across the property.

Small clearing among a dense forest of pine and birch with large piles of waste rock, where patches of peach-pink rock are visible

ADDITIONAL EXPLORATION ASSETS

Geological map of Tannahill Gold Property, owned by Atacama Resources International, detailing fault-lines and drill-locations.

Tannahill Gold

Flagship Ontario gold asset with historical high-grade zones.

Geographical map showing mining claims within Atacama Resources' Golden Eagle property near Macassa Mine

Golden Eagle

Early-stage exploration asset within the Abitibi region.

Property map showing mining claims, outlined in red, of Atacama 3 property as owned by Atacama Resources International

Atacama 3

A portfolio of prospective claims providing exploration upside.

Broader Portfolio

Supporting assets contributing to long-term discovery potential.

RESOURCES

Investor Presentation

Access the company’s investor presentation

Investor Presentation
Corporate Updates
Contact Information
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David Jackson

Research Geologist

David Jackson has extensive international experience in geological consulting and project evaluation. His work spans multiple jurisdictions and includes both field-based exploration and analytical interpretation.

At Atacama, he contributes to geological analysis and project evaluation across the company’s exploration portfolio.

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William MacRae, P.Geo.

Geologist and Qualified Person

William MacRae has more than 40 years of experience in mineral exploration, with a focus on gold systems. He has been involved in exploration programs ranging from grassroots work through advanced stages.

At Atacama Resources, Mr. MacRae oversees aspects of exploration and drilling activities and serves as the company’s Qualified Person, supporting technical disclosure and regulatory reporting.

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John Grant

Director and Exploration Consultant

John Grant brings over 40 years of experience in mineral exploration, including work with both major and junior mining companies. His experience includes gold exploration programs in Ontario and the interpretation of geophysical survey data.

At Atacama Resources, he contributes to exploration planning and interpretation, including work related to the company’s properties in the Kirkland Lake District.

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Don Swartz

Director

Don Swartz has experience in organizational consulting and corporate governance. He has worked with large institutions including Boeing, Microsoft, Intel, and U.S. government entities.

At Atacama, he contributes to board-level oversight and governance structure, including the establishment of corporate committees aligned with public company requirements.

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Greg Praver

Chief Operating Officer, Director, and Corporate Secretary

Greg Praver oversees the operational functions of Atacama Resources, coordinating across internal teams and external stakeholders including legal, accounting, and regulatory partners.

As a director and corporate officer, he plays a key role in corporate administration, compliance, and execution of company initiatives.

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Brian Praver

President, Business Development

Brian Praver has experience in organizational leadership, team development, and business strategy. His role at Atacama Resources focuses on business development, strategic partnerships, and identifying opportunities aligned with the company’s exploration objectives.

He holds a background in economics and international business and contributes to the company’s positioning within the broader resource sector.

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Thomas Moynihan

Chief Executive Officer, Chairman, and Chief Financial Officer

Thomas Moynihan brings over 40 years of experience in accounting, auditing, fundraising, and financial consulting. He has worked with both major U.S. companies and private enterprises, providing financial oversight and strategic guidance.

At Atacama Resources, Mr. Moynihan is responsible for corporate leadership, financial management, and overall strategic direction. His background includes extensive experience in capital formation and corporate structuring, supporting the company’s development as a publicly traded exploration issuer.