Cascada Silver Corp. is focused on the discovery of economically viable silver deposits in South America, and, in particular, Chile. Cascada currently has four prospective exploration properties in Chile’s Atacama Region, including the historical Agua Amarga Silver Property which was the focus of high grade silver mining during the 1800’s. Chile is best known for copper production, being the No. 1 copper producer in the world, however, silver mining was very important for the economic development of Chile and there are still major discoveries being made in Chile such as Gold Fields’ Salares Norte silver gold deposit.
Silver was discovered on the Agua Amarga Silver Property in 1811 and high-grade silver veins were mined until 1881. The Property has seen only minor exploration since the cessation of mining activities. Drill targets have been identified.
The GEMA property comprises three separate groups of exploration concessions located in Chile’s Maricunga Mineral Belt. There is evidence of artisanal mining activities on all three properties, however, there are no reports or evidence of drilling.