"Developing Paraguay's mining future"
Paraguay, a country of unexplored resources
Since 2019, Minerva Exploration has been operating in Paraguay, developing sustainable mining projects. We focus on innovation, efficiency and environmental respect, collaborating with local communities for economic and social development. We lead the mining industry with high standards of safety and ethics.
BADO
PROJECT
The Bado Project, located in a strategic area of northeastern Paraguay, on the border with Brazil, is a promising mining and industrial initiative currently in the prospecting stage, led by Minerva Exploración S.A. This project covers an extensive area of 29,900 hectares, where large deposits of magnetite rich in titanium and vanadium have been identified. It is estimated that this region could contain more than 500 million tons of mineral material, which represents enormous economic potential.
One of the most attractive aspects of the project is the ease of exploitation, since these resources are located close to the surface, which significantly reduces extraction costs.
Furthermore, the project is located close to a key market of over 220 million people, facilitating access to and commercialisation of these valuable resources. The area is also home to unique geological formations containing rare earth elements, including neodymium and praseodymium, essential elements in the technology industry.
With its mining and industrial focus, strategic location, ease of exploitation, and identified resources, the Bado Project offers a significant investment opportunity with high return potential.
KATUETE
PROJECT
The Katueté Project, located in the Eastern Region of Paraguay, has been thoroughly explored for its great potential for gold and native copper. This project covers an extensive anomalous area of more than 50 square kilometers in the laterites, also highlighting its potential for an open pit operation in the Itabo fault basalt.
In addition to gold and copper, other valuable resources have been identified on the concession, such as titanium-vanadium-rich magnetite (Ti-V), and bauxitic clays distributed throughout the area. These additional resources significantly increase the value of the project and present multiple exploitation opportunities.
With its diverse resources and potential for open-pit operations, the Katueté Project represents an attractive investment opportunity in Paraguay's mining sector.
ST. MICHAEL
PROJECT
Access and Topography
The project area is accessible via a paved road and dirt trails that are locally all-weather. The region is composed of rolling hills covered primarily by grassland, with some areas of forest. The average elevation in the project area is approximately 100 meters above sea level.
Geology
The geology of the area is characterized by a Precambrian metamorphic sequence dominated by folded and cataclastic fuchsite, quartzite, banded iron formations, and schists. The region shows evidence of strong northwest- and north-south-oriented shearing and fracturing.
Mineralization
Mineralization in the area includes banded and schistose iron formations, with gold present in stockworks and veins within quartzites and granitic laterites.
Geological model
The project follows a similar model to the Boddington lateritic gold deposits, with gold deposits hosted in Precambrian formations, interbedded with BIF (banded iron formations).
CHIRIGELO
PROJECT
The Chiriguelo alkaline complex is located approximately 350 km northeast of Asuncion, close to the Brazilian border. It is related to early to middle Cretaceous anorogenic magmatism, similar to mineral-rich complexes in Brazil. With a diameter of 7.5 km, the central core is carbonatite, surrounded by alkaline intrusives. Minerva Exploration SA has applied for areas around the complex in 2022. Economic potential includes rare earths, uranium, phosphates, base metals and gold in the peripheral structures.