The Rio Colorado project is located in the Tinogasta region of the Catamarca and La Rioja provinces in Argentina.  It covers an area of 762 km² and contains outcropping mineralised (uranium, copper and silver) Red-Bed sediments identified and explored by the National Commission of Atomic Energy (CNEA-Argentina) in the 1950’s and 1960’s.

Jackson Minerals has signed an exclusive option agreement through its wholly owned subsidiary Jackson Global Limited with a private party (Dr Horacio Solis), to earn 92.5 percent in 230 km² of the Rio Colorado uranium project in Argentina.  The remainder of the project (532 km²) is held by Jackson Global Limited in the name of a related entity.  Together, both areas will form the Rio Colorado Joint Venture.

Jackson will earn its Initial Interest (51%) in the project by completing a minimum work programme, including 3,000 metres of drilling.

The Company can earn 92.5 percent of the project by completing exploration expenditure of $500,000 within three years following earning the Initial Interest.

Highlights of the project include:-

• A 16 km zone of intermittently outcropping mineralised sediments with surface sampling and mapping indicating widths of between 10 to 20 metres in one zone. 
  
• Where sampled, these sediments include better zones of between 300 and 3,000 ppm U3O8 over widths of up to 10.7 metres.  Adjacent to these high-grade areas the background anomalism averages 90 ppm U3O8.
  
• Recent due diligence sampling by Jackson has produced results up to 2,451 ppm U3O8 (5.4 lbs/t U3O8) which support historical selective bulk sampling (2,900 ppm U3O8) documented by the CNEA.
  
• The copper and silver mineralisation has a similar spatial distribution to the uranium, but is focussed into narrower bed parallel zones.  Recent sampling has identified copper mineralisation up to widths of approximately three metres; however for the most part the copper mineralisation noted is within horizons of less than one metre in thickness.  Assays of up to 3.73% copper and 17 ounces silver for these zones, are indicative of the better mineralisation sampled to date.
  
• Untested radiometric anomalies in recent un-consolidated fluvial sediments, derived in part from the mineralised hard-rock environment described above, provide scope for the exploration of Unconformity or Roll-front uranium deposits.  This style of uranium mineralisation has not previously been explored for in the region.
  
• Untested radiometric anomalies in meta-sedimentary and granitic basement, have a similar geological setting to CNEA’s Las Termas uranium deposit (reportedly 0.1-9.2 % U3O8), located 50 kilometres along geological trends to the north.

Rio Colorado - Project Location Map and Figures