Argentina is good for unexplored geology. South of the Rio Negro it is very unexplored. This is probably because Argentina's history is very citified, and the low habitation of this area in past times of the gold heydey led to very little classsical investigation. Barrick found big gold on the Argentina-Chile border, as did Argentina Gold. There is no doubt lots that they missed. Much of this area is without forest cover and can be explored in depth.
Troubles with Argentina are the very crooked system and courts. There are always ways to overcome this I guess, by wise counsel. Claim jumping is a high art in Argentina as it is here and land regulations are a maze of traps and confusing layers like most of South America. You need a Spanish land expert. Argentine partners with money would help. The people who ran Argentina Gold would be ideal if they did not get to your land first.
Argentina is 85% European. Spanish language, Italian and mixed European immigrants. Good lifestyle, but bad government and economy historically. Excessive interference in the economy and banks, (printing money) has led to a very bad currency. 30 banks are government owned. This is a recipe for disaster.
Good minerals to explore for are Silver, Copper and Gold.
Silver is very big in this country.
The weak peso looks good, but it is adoubt edged sword, because your equipment and repair services are world priced. and if they Argentines want to control inflation, then they will restrict imports and money repatriation, as Venezuela did. This makes development very difficult. Mining economics depends on exploration and maintenance efficiencees from G7 manufactured equipment and services. (alimaks, pumps, engineering optimization, etc (Syncrude saved big from Texan and Australian materials and abrasion engineering.)) These factors as simple as drilling methodologies and cyandation techniques can make projects go/no-go. Even labour is important. Mills and mines run profitably from the skills of their opertors as well as their admin. Start to get your services 3rd world and your economics may well be negatives. Gold mines are made not found. This fact escapes governments in 3rd worlds. It is a fact that 75% of ALL the narrow vein gold mining in the world is done by 60,000 Canadian miners. 75% of ALL the world's geophysical instrumentation and companies are Canadian. Most of the gold mines found in Arizona and Colorado were found by Canadian companies. If we don't use our stuff, its not the same.
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