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Mansfield is a mining exploration company led by a team of experienced prospect generators and deal-makers. The Company has focused its activities in the Puna of northwestern Argentina since August 1994 where management first conducted preliminary reconnaissance during January 1994. Impetus for exploration here was the structural and tectonic similarities of the Puna to the Great Basin of the western United States. Timing of this initial foray into northwestern Argentina coincided with the Argentine government being in the process of overhauling a previously unworkable Mining Law.
Although several companies recognized the potential of the area and opened offices in Salta during this period, Mansfield was the only company to maintain a permanent presence through the most recent protracted industry downturn. We believe this will serve the Company in the future as Mansfield is viewed by the locals as a fixture in their community.
Mansfield's exploration team believes economic discoveries most often result from hard won geological insights and continuity in a company's exploration effort. A support staff which is totally familiar with the legal and land tenure system is essential. Mansfield has both elements within its team.
Should Mansfield and its partners make an economic discovery, they will benefit from the drastically improved infrastructure (roads, gas pipelines, power-lines) that is being continually upgraded. A recently signed agreement between Chile and Argentina allows the free movement of supplies and final product within 150 kilometres of the border for the purposes of mining development.
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