Multinational Andean Project. Report #5: 1997/98 Second Quarter Activity Report Second Quarter Financial Report 1997/98 Revised Third and Fourth Quarter Forecast 1997/98

Abstract

This document reports on the activities that took place during the second quarter of the 1997/98 fiscal year (July 1-September 30) and gives a summary of the work plans for 1997/98 fiscal year for the Multinational Andean Project (MAP). No field visits of technical staff took place to Peru, Chile and Bolivia but Dr. D. Teskey visited Argentina to work with SEGEMAR staff to help finalize plans for the Puna Austral airbome geophysical survey (radiometric and aeromagnetic data to be collected) which will be flown during the third quarter. The contract for this $800,000.00 geophysical survey was awarded in late September to SIAL Geophysics. Nine prívate sector mining companies are participating at a mínimum cost of $50,000.00 each. All equipment purchased in the last fiscal year was finally shipped from Canada early in the quarter. However, despite contracting a professional shipping company to prepare documents, secure appropriate permits and work with the Canadian Embassy in the respective countries, each country had difficulty extracting the equipment from customs. At the end of this quarter the Executive Council met in Arequipa, Peru (September 20-21) in conjunction with the Mines Ministries of the Americas' Meeting and the XXTI Bi-annual meeting of INTEMIN. Three accords were signed between MAP members as part of this meeting to deliver joint geoscience products. It was agreed that a Geological/Metallogenic map of the border regions of Chile, Bolivia and Argentina north of 34° (1: 1,000,000) would be prepared for presentation at the International Geological Congress in Rio de Janeiro, Brazil in the year 2000.