Geothermal Energy in Argentina Investment Projects 2010

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1 Geothermal Energy in Argentina Investment Projects 2010

2 Valle del Cura (San Juan) Project Location The geothermal fields (29 35 'latitude south and 69 45' west longitude) are located in the Northwest high cordillera (aprox m.a.s.l.) Central Andes of San Juan province, Argentina, 10 to 20 km away from the Argentina-Chile border. The location is known locally as Valle del Cura. The landscape is dominated for an elevated flat area elongated N-S bordered to East and West by mountain chains. The red dot shows the area of mining rights of Geotermia Andina. The following page include a detailed graph of the region.

3 Valle del Cura (San Juan) Project Background In 1914, De Thierry briefly discovered the abundance of hot-springs spots in Valle del Cura area. From 1982 to 1985 many consulting firms performed grass-roots exploration in the area (Geomines SA, Hydroproyectos SA, etc) and describe the interesting geothermal features, suggesting continuing with the exploration to define the capability of electric power generation. Las Tortolas volcano and its related coladas and ignimbrites. From 1985 to date no serious researching has been done related to geothermic in the area, mainly because of the lack of market for a possible electrical generation capacity.

4 Valle del Cura (San Juan) Project Chile Mining Rights Area The properties consist on five mining concessions with a total amount of hectares covering 95% of the geothermal fields in the region. The figure shows the location of the mining rights. Argentina

5 Valle del Cura (San Juan) Project Details of hot-spring location, temperature and geo-thermometers (in Celsius). Na-K (ºC) Fournier Ca-Na (ºC) Tonani Ca-K Tonani (ºC) Sample# East North M M M M M M M M

6 Tuzgle Tocomar (Salta-Jujuy) Project Location The geothermal field Tuzgle-Tocomar (23 55 'latitude south and 66 05' west longitude), is located in the central plateau of La Puna, elevated over 4000 m.a.s.l. within the border of Salta-Jujuy provinces in Argentina. Research is currently going through the final stage of prefeasibility, which has been studied in detail an area of approximately 900 square kilometers. It is the most studied geothermal field in the Northwest of Argentina. Between 1978 and 1995 there was a sequence of studies that spanned from grass-roots until the delimitation of an area where deep exploratory wells should be executed. The red dot shows the area of mining rights of Geotermia Andina. The following page include a detailed graph of the region

7 Tuzgle Tocomar (Salta-Jujuy) Project Tuzgle Volcano.

8 Tuzgle Tocomar (Salta-Jujuy) Project Mining Rights The property consists of six mining concessions which include an aggregate total of 25,416 hectares covering almost 60% of the geothermal fields. The figure shows the location of the mining rights.

9 Easting Norting Altitude Tº_Reservoir GeoTº_CaNa GeoTº_NaKCa GeoTº_NaK GeoTº_SiO2_Qz Spring Water_Tº Tuzgle Tocomar (Salta-Jujuy) Project Details of hot-spring location, temperature and geo-thermometers (in Celsius). Name Aguas Calientes del Tuzgle Mina Betty Tocomar Antuco NA 239 NA NA 28 Pompeya NA

10 Anetta (Salta) Project Location The project is located close to Rosario de la Frontera City, 170 km south from Salta s capital province, Argentina. The landscape is dominated by flat areas and mountain ridges elongated North-South. Land is used for cattle, soy beamsunflower-tobacco and sugar cane crops. Together, there are many industries for processing those commodities.

11 Anetta (Salta) Project Local sign indicating hot spring (87º).

12 Anetta (Salta) Project PROPERTIES The property consists on one mining concession with a total amount of 6553 hectares, covering almost 100% of the geothermal field.

13 GeoTº_Na-K GeoTº_SiO2 _Qz Spring Water_Tº Anetta (Salta) Project Sample # M M M M M M M7 ND ND 68 M8 ND ND 72 M9 ND ND 76 M10 ND ND 63.2 M11 ND ND 79 M12 ND ND 84 M13 ND ND 99 M14 ND ND 87

14 Anetta (Salta) Project

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