Geothermal Energy in Argentina Investment Projects 2010

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Geothermal Energy in Argentina Investment Projects 2010

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. 3.800 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.

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.

Valle del Cura (San Juan) Project Chile Mining Rights Area The properties consist on five mining concessions with a total amount of 21.000 hectares covering 95% of the geothermal fields in the region. The figure shows the location of the mining rights. Argentina

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 M1207-1 2431501 6772909 M1207-2 2431491 6772870 M1207-3 2435717 6768006 M1207-4 2427793 6725753 M1207-5 2427799 6725749 M1207-6 2427796 6725745 M1207-7 2423990 6717061 M1207-8 2424000 6717062 184 156 254 185 154 158 219 340 267 210 220 205 208 400 210 199 390 205 230 253 157 235 310 165

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

Tuzgle Tocomar (Salta-Jujuy) Project Tuzgle Volcano.

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.

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 3446468 7342591 4200 142 223 217 229 156 56 Mina Betty 3455940 7335820 4300 58 67 186 215 156 21 Tocomar 3443452 7326139 4300 160 338 227 194 151 80 Antuco 3434085 7324003 4210 235 NA 239 NA NA 28 Pompeya 3462762 7319225 3900 213 NA 224.5 212.5 133.8 56

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.

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

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.

GeoTº_Na-K GeoTº_SiO2 _Qz Spring Water_Tº Anetta (Salta) Project Sample # M1 203 130.0 89.2 M2 270 130.0 75.6 M3 220 129.0 84.3 M4 175 124.0 52.8 M5 263 127.0 76.2 M6 261 96.0 25 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

Anetta (Salta) Project

Investment Projects Argentina - 2010