P3 is in the Ponce Enriquez area, one of the most productive mining districts in Ecuador. Small scale miners have been producing gold from the rich alluvial veins for the last 30 or more years.
 
A producing tunnel, in a neighboring concession, ends at the boundaries of P3. Initial ground surveys show the vein continues within P3 for approximately 1.6km. The north-east corner of the concession, the vein system continues to many other producing projects such as Guadalupe and Rio Negro. The vein shows promise immediate production.