A second rutile (titanium) property in northern Chile has been acquired by Adonos Resources (VSE).
The company said surface investigations of the wholly owned La Rosada property indicate the potential of a major mineral inventory to a depth of 300 metres, which may allow for an open pit operation.
La Rosada, 1,200 hectares in size, is about four kilometres northwest of Adonos’ wholly owned Barranca Negra property, which at the moment is smaller in size and shallower.
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