Freehill Mining Limited is an Australia-based mineral exploration company. The Company is focused on iron ore (magnetite), gold, and copper exploration and development. The Company through its 100% owned Chilean companies Yerbas Buenas SpA and San Patricio Mineria SpA, holds a number of concessions in an area just north of the city of Coquimbo-La Serena, Chile. These concessions, totaling about 1250 hectares, are all located in one area in Region IV of Chile, on the coast about 500 kilometres north of the capital Santiago. The concessions comprise a large JORC magnetite resource within the Yerbas Buenas and Arenas concession blocks and a magnetite-copper-gold exploration area on the northern boundary of Yerbas Buenas, with eight blocks collectively known as the El Dorado project. The El Dorado Project is located in the El Tofo fault and within the Atacama IOCG belt (Iron Oxide Copper Gold) and consists of approximately 750 hectares focused on magnetite, copper, and gold mineralization.
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