Plate shifts provide valuable raw materials
There is gold, silver and copper in Chile and Argentina.
If mining companies are looking for valuable raw materials, the geology of an area is an important area. One point is the plate shifts that have shaped and continue to shape our physical world – and which also lead to the discovery of raw materials. The Pacific Plate is the largest plate and it is still moving.
On the border between Chile and Argentina, Mogotes Metals is currently investigating deposits of gold, silver and copper. The geology that prevails there today was created by the subduction of the Pacific Plate. Volcanism and deformation occurred on the western edge of the South American continent. Compression episodes have uplifted the Andes. Mogotes Metals‘ Filo Sur project is located on the northern edge of the Chilean flat plate subduction zone and is part of the Vicuna copper district. This is a productive district with previous exploration success. Further results from the Mogotes Metals exploration program promise to be exciting.
But even if you are not so familiar with the geological background of deposits, the commodities gold, silver and copper are among those for which commodity experts predict a promising future. Gold has been convincing for many years, even centuries, with its value-preserving and hedging function. Silver and copper are metals that are needed in ever greater quantities for modern technologies and climate change and should therefore be anything but out of fashion. Investors can participate in the future trend of these commodities with Mogotes Metals.
Current company information and press releases from Mogotes Metals (- https://www.resource-capital.ch/en/companies/mogotes-metals-inc/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
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