Company Goals

The ultimate goal of Fomicruz is to improve the socioeconomic level of the inhabitants in the Santa Cruz Province, by promoting the mineral exploration and development of new mines in the Province.

With that goal in mind, Fomicruz tries to achieve the following objectives:

► To identify prospective areas, whether they are unknown or already known by other companies, and to secure them with mineral permits for their exploration and eventually, their exploitation.

► To determine the mineral potentiality of those areas by exploring them at the ground surface with geological and geophysical methods.

► To develop its most prospective properties by drilling previously generated targets, for better interpreting the geological characteristics and configuration of the mineralized systems.

► To join with private companies for the advanced stages of exploration of projects and eventually, for their development into mines.