Drilling Highlights
PHASE I-III EL RUBI SELECTED MINERALIZED INTERVALS
| HOLE | From (m) | To (m) | Interval (m) | Estimated True Width (m) | Ag (g/t) | Au (g/t) | Ag Equiv (g/t) | Au Equiv (g/t) |
|---|---|---|---|---|---|---|---|---|
| EL RUBI | ||||||||
| LV18-201 | 27 | 40.3 | 13.3 | 6 | 228 | 3.16 | 449 | 6.42 |
| and | 32 | 33 | 1 | 0.45 | 782 | 8.3 | 1363 | 19.47 |
| LV18-204 | 92 | 95 | 3 | 2.1 | 235 | 4.38 | 541.6 | 7.74 |
| incl | 94 | 95 | 1 | 0.7 | 434 | 8.19 | 1007 | 14.39 |
| LV19-209 | 213 | 214.8 | 1.8 | 1 | 1054 | 3.22 | 1280 | 18.28 |
| LV19-210 | 73 | 79 | 6 | 4.8 | 216 | 1.47 | 319 | 4.55 |
| incl | 76 | 77 | 1 | 0.8 | 1071 | 6.32 | 1513 | 21.62 |
| LV19-211 | 188 | 192.5 | 4.5 | 3 | 446 | 13.39 | 1384 | 19.77 |
| incl | 189 | 190 | 1 | 0.67 | 1923 | 58.3 | 6004 | 85.77 |
| LV20-215 | 188 | 195 | 7 | 6.3 | 86 | 14.4 | 1094 | 15.63 |
| Incl | 193.9 | 194.4 | 0.5 | 0.45 | 984 | 196.3 | 14725 | 210.36 |
| LV20-217 | 265.5 | 273.5 | 8 | 4.56 | 401 | 4.45 | 713 | 10.18 |
| incl | 270.5 | 272.5 | 2 | 1.14 | 1436 | 15.55 | 2524 | 36.06 |
| AND | 277.5 | 278.5 | 1 | 0.57 | 586 | 7.49 | 1110 | 15.86 |
| AND | 279.5 | 280.5 | 1 | 0.57 | 91 | 7.36 | 606 | 8.66 |
| AND | 301.5 | 303.5 | 2 | 1.14 | 201 | 8.44 | 791 | 11.3 |
| LV20-218 | 184 | 187 | 3 | 1.89 | 530 | 5.82 | 937 | 13.39 |
| incl | 185 | 186 | 1 | 0.63 | 1253 | 14.4 | 2261 | 32.3 |
| AND | 192 | 200 | 8 | 5.04 | 569 | 9.15 | 1210 | 17.28 |
| incl | 194 | 197 | 3 | 1.89 | 1431 | 22.63 | 3015 | 43.08 |
| LV20-219 | 182 | 186 | 4 | 2.84 | 249 | 1.55 | 357 | 5.1 |
| incl | 185 | 185.5 | 0.5 | 0.36 | 1584 | 5.56 | 1973 | 28.2 |
| LV20-224 | 104 | 111 | 7 | 5.2 | 80 | 3.55 | 328 | 4.69 |
| incl | 108 | 109 | 1 | 0.74 | 453 | 8.31 | 1035 | 14.8 |
| LV20-227 | 173.4 | 176.9 | 2.5 | 2.13 | 135 | 2.36 | 300 | 4.29 |
| incl | 175.4 | 175.9 | 0.5 | 0.43 | 575 | 8.8 | 1191 | 17 |
| LV20-229 | 293 | 294.5 | 1.5 | 0.98 | 31 | 16.8 | 1209 | 17.3 |
| incl | 293 | 293.5 | 0.5 | 0.33 | 40 | 43.7 | 3099 | 44.3 |
| LV20-245 | 174 | 176 | 2 | 1 | 658 | 16.3 | 1797 | 25.67 |
| LV20-277 | 131.5 | 133 | 1.5 | 0.96 | 493 | 9.46 | 1155 | 16.50 |
| LV20-283 | 233.5 | 236 | 2.5 | 1.6 | 67 | 33.8 | 2433 | 34.76 |
| LV20-284 | 79 | 126 | 47 | 28.95 | 44 | 0.77 | 98 | 1.40 |
| incl | 81 | 82.35 | 1.35 | 0.83 | 329 | 5.39 | 706 | 10.1 |
| AND | 103 | 106 | 3 | 1.85 | 170 | 2.95 | 377 | 5.38 |
| AND | 138 | 139 | 1 | 0.62 | 324 | 8.54 | 922 | 13.2 |
| AND | 317.5 | 319 | 1.5 | 0.92 | 231 | 11.8 | 1057 | 15.1 |
| LV21-289 | 280.5 | 410.5 | 130 | 80.08 | 18 | 0.69 | 67 | 0.95 |
| incl | 292.38 | 293.5 | 1.12 | 0.69 | 172 | 9.9 | 865 | 12.4 |
| incl | 321.4 | 323.5 | 2.1 | 1.29 | 123 | 6.55 | 582 | 8.32 |
| AND | 418.2 | 437.5 | 19.3 | 11.89 | 363 | 21.2 | 1849 | 26.4 |
| incl | 428.7 | 430.2 | 1.5 | 0.92 | 3917 | 252 | 21541 | 308 |
| (incl) | 429.2 | 429.7 | 0.5 | 0.31 | 10681 | 738 | 62369 | 891 |
Results in the first table below represent selected intervals from Phase I and II drilling at El Rubi. Following the El Rubi results, a series of intervals from across the property are presented, arranged by prospect. The tables present assay results for Au g/t, Ag g/t and also as calculated values for Au equivalent g/t and Ag equivalent g/t. The calculated gold and silver equivalent values were determined using a ratio of silver to gold 70:1. The calculations are presented solely as assay results from an early stage exploration property and do not assume metallurgical recoveries or other economic considerations. The calculated equivalent results presented are intended to provide the reader with a way to compare and contrast the relative concentrations of both gold and silver across the intervals from different holes.
2018 DRILLING PROGRAM AND HISTORICAL DATABASE SIGNIFICANT INTERVALS
| Hole | From | To | Interval (m) | True width | Au (g/t) | Ag (g/t) | Au Eq (g/t) |
|---|---|---|---|---|---|---|---|
| La Huatas | |||||||
| LV18-191 | 137.5 | 150 | 12.5 | 9.7 | 1.2 | 58 | 2.03 |
| including | 144.5 | 148 | 3.5 | 2.72 | 3.34 | 133 | 5.24 |
| LV18-192 | 178 | 196 | 18 | 12.6 | 1.04 | 79 | 2.17 |
| including | 184.5 | 190 | 5.5 | 3.85 | 1.88 | 152 | 4.05 |
| LV18-193 | 176 | 189.5 | 13.5 | 8.5 | 1.26 | 55 | 2.05 |
| including | 176 | 179 | 3 | 1.89 | 2.43 | 81 | 3.58 |
| LV18-194 | 250 | 251 | 1 | 0.7 | 1.08 | 23.2 | 1.41 |
| LV18-194 | 296 | 299 | 3 | 2.1 | 1.09 | 124 | 2.86 |
| Las Huatas North | |||||||
| LV18-195 | 107 | 109.1 | 2.1 | 1.47 | 1.00 | 27 | 1.39 |
| LV18-196 | 230 | 231.5 | 1.5 | 1.05 | 0.53 | 24 | 0.88 |
| El Huarache | |||||||
| LV18-197 | 404 | 405 | 1 | 0.6 | 2.05 | 41 | 2.64 |
| El Rubi | |||||||
| LV18-200 | 6 | 18 | 12 | 9 | 1.52 | 133 | 3.42 |
| including | 9 | 11 | 2 | 1.5 | 5.51 | 537 | 13.18 |
| LV18-200 | 219.5 | 221 | 1.5 | 1.125 | 0.73 | 81 | 1.88 |
| LV18-200 | 251 | 253.5 | 2.5 | 1.875 | 2.27 | 134 | 4.18 |
| LV18-201 | 27 | 40.3 | 13.3 | 6 | 3.16 | 228 | 6.42 |
| including | 27 | 31 | 4 | 1.8 | 3.75 | 258 | 7.43 |
| and | 32 | 33 | 1 | 0.45 | 8.3 | 782 | 19.47 |
| LV18-201 | 85 | 86 | 1 | 0.45 | 1.92 | 4 | 1.97 |
| LV18-202 | 80 | 81 | 1 | 0.64 | 0.68 | 79 | 1.8 |
| LV18-202 | 151 | 152.5 | 1.5 | 0.96 | 3.55 | 200 | 6.41 |
| LV18-203 | 123 | 133 | 10 | 5 | 1.1 | 97 | 2.48 |
| LV18-203 | 141 | 142 | 1 | 0.5 | 0.92 | 72 | 1.95 |
| LV18-203 | 145 | 147 | 2 | 1 | 0.67 | 33 | 1.14 |
| LV18-203 | 176 | 177 | 1 | 0.5 | 1.3 | 85 | 2.51 |
| LV18-203 | 193 | 205 | 12 | 6 | 1.37 | 81 | 2.53 |
| including | 200 | 201 | 1 | 0.5 | 13.2 | 780 | 24.34 |
| LV18-204 | 92 | 95 | 3 | 2.1 | 4.38 | 235 | 7.74 |
| incl | 94 | 95 | 1 | 0.7 | 8.19 | 434 | 14.39 |
In the case of the historical drilling tables, compiled from data generated by Minefinders Corp and Pan American Silver Corp, downhole core lengths are listed here, true widths were not estimated.
| LAS HUATAS | ||||||
|---|---|---|---|---|---|---|
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV11-040C | 78 | 93.5 | 15.5 | 1.28 | 69.2 | 2.27 |
| INCL | 84 | 87 | 3 | 3.84 | 202.2 | 6.73 |
| LV11-047C | 115 | 138.5 | 23.5 | 7.63 | 363 | 12.82 |
| INCL | 118 | 127 | 9 | 19.43 | 904 | 32.34 |
| LV11-049C | 191.5 | 315 | 123.5 | 0.67 | 44 | 1.30 |
| INCL | 226.5 | 233.2 | 6.7 | 2.74 | 157.6 | 4.99 |
| LV11-050C | 243.3 | 261.3 | 18 | 2.81 | 187 | 5.49 |
| INCL | 243.3 | 244.8 | 1.5 | 3.50 | 399 | 9.20 |
| INCL | 252.3 | 253.8 | 1.5 | 21.58 | 1173 | 38.33 |
| LV11-053C | 255 | 255.6 | 0.6 | 11.54 | 1156 | 28.05 |
| LV11-053C | 262 | 274 | 12 | 1.26 | 109 | 2.82 |
| INCL | 272.5 | 274 | 1.5 | 6.52 | 625 | 15.45 |
| AND | 318 | 321 | 3 | 0.12 | 134 | 2.03 |
| LV11-057C | 241.7 | 242.85 | 1.15 | 9.67 | 658 | 19.08 |
| AND | 335.85 | 336.85 | 1 | 5.05 | 282 | 9.08 |
| LV11-058C | 319 | 336.5 | 17.5 | 0.72 | 35 | 1.22 |
| AND | 324.5 | 325.5 | 1 | 2.51 | 136 | 4.45 |
| LV11-059C | 315.3 | 318 | 2.7 | 3.93 | 259 | 7.63 |
| INCL | 315.3 | 315.8 | 0.5 | 9.34 | 612 | 18.08 |
| INCL | 317 | 318 | 1 | 5.73 | 380 | 11.16 |
| LV11-063C | 155.2 | 157 | 1.8 | 0.05 | 768 | 11.03 |
| LV12-082C | 131.6 | 132.5 | 0.9 | 54.79 | 43 | 55.41 |
| LV12-090C | 266.45 | 274 | 7.55 | 1.56 | 88 | 2.82 |
| INCL | 272 | 273 | 1 | 3.85 | 265 | 7.64 |
| LV12-103C | 181 | 182.5 | 1.5 | 4.92 | 421 | 10.94 |
| LV12-136C | 268.2 | 270 | 1.8 | 11.67 | 34 | 12.16 |
| AND | 286.2 | 287.15 | 0.95 | 8.28 | 198 | 11.11 |
| LV12-160C | 330.7 | 331.9 | 1.2 | 3.42 | 12 | 3.59 |
| LV12-163C | 336 | 348.9 | 12.9 | 2.44 | 122 | 4.19 |
| INCL | 347.1 | 348.1 | 1 | 21.58 | 938 | 34.98 |
| LA VIRGINIA | ||||||
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV12-078C | 245 | 246 | 1 | 3.27 | 196 | 6.07 |
| LV12-078C | 256.5 | 257.5 | 1 | 1.62 | 28 | 2.01 |
| LV12-086C | 217.5 | 235.5 | 18 | 2.59 | 119 | 4.29 |
| INCL | 228.9 | 230.6 | 1.7 | 18.27 | 794 | 29.61 |
| LV12-091C | 59.8 | 60.8 | 1 | 1.39 | 1 | 1.40 |
| LV12-097C | 195 | 203.5 | 8.5 | 0.87 | 36 | 1.39 |
| INCL | 197 | 198 | 1 | 1.50 | 80 | 2.64 |
| LV12-099C | 192.5 | 194 | 1.5 | 1.74 | 90 | 3.02 |
| LV12-102C | 200.6 | 202.6 | 2 | 2.70 | 5 | 2.77 |
| LV12-111C | 203.5 | 206 | 2.5 | 1.19 | 37 | 1.72 |
| LV12-114C | 191.2 | 192 | 0.8 | 0.01 | 300 | 4.30 |
| LV12-120C | 203 | 222 | 19 | 0.65 | 29 | 1.06 |
| INCL | 217 | 217.9 | 0.9 | 1.92 | 146 | 4.01 |
| CONVIRGINIA | ||||||
|---|---|---|---|---|---|---|
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV10-7C | 120.5 | 147.5 | 27 | 1.01 | 89.9 | 2.29 |
| INCL | 131.5 | 147.5 | 16 | 1.45 | 125 | 3.23 |
| LV10-25C | 150 | 151.5 | 1.5 | 0.66 | 75.5 | 1.74 |
| AND | 175.1 | 184.7 | 9.6 | 3.16 | 195 | 5.95 |
| LV12-155C | 182.35 | 188.1 | 5.75 | 2.35 | 153 | 4.54 |
| LV12-162C | 153.2 | 161.35 | 8.15 | 0.41 | 26 | 0.78 |
| LV12-166C | 201.3 | 202.65 | 1.35 | 0.75 | 57 | 1.56 |
| AND | 91 | 91.45 | 0.45 | 4.09 | 533 | 11.71 |
| LV12-168C | 135.65 | 147.35 | 11.7 | 0.62 | 77 | 1.72 |
| AND | 150.8 | 168.2 | 17.4 | 0.87 | 81 | 2.03 |
| LV12-170C | 209.35 | 212.55 | 3.2 | 1.21 | 133 | 3.11 |
| AND | 215 | 216.1 | 1.1 | 0.70 | 104 | 2.19 |
| LV12-171C | 153.6 | 155 | 1.4 | 0.54 | 83 | 1.72 |
| LV12-171C | 223.5 | 237.6 | 14.1 | 0.35 | 47 | 1.03 |
| INCL | 234.85 | 235.85 | 1 | 2.26 | 237 | 5.64 |
| LV12-173C | 11.9 | 13.95 | 2.05 | 6.73 | 976 | 20.67 |
| LV12-173C | 151.95 | 152.95 | 1 | 0.52 | 67 | 1.47 |
| LV12-174C | 14.55 | 15.75 | 1.2 | 7.78 | 1055 | 22.86 |
| EL ORIENTAL | ||||||
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV12-092C | 195 | 197 | 2 | 2.47 | 19 | 2.73 |
| LV12-094C | 268 | 273 | 5 | 2.40 | 60 | 3.25 |
| LV12-105C | 137.5 | 141.3 | 3.8 | 11.99 | 77 | 13.09 |
| INCL | 138.5 | 139.8 | 1.3 | 34.15 | 199 | 36.98 |
| LV12-107C | 185 | 186 | 1 | 0.97 | 27 | 1.36 |
| LV12-109C | 240 | 243 | 3 | 1.18 | 29 | 1.60 |
| LV12-153C | 468.9 | 471 | 2.1 | 1.19 | 89 | 2.45 |
| AND | 458.55 | 459.65 | 1.1 | 1.98 | 21 | 2.28 |
| LV12-156C | 36.6 | 37.7 | 1.1 | 1.97 | 37 | 2.50 |
| LA CASCADA | ||||||
|---|---|---|---|---|---|---|
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV12-150C | 82.15 | 83.45 | 1.3 | 20.92 | 37 | 21.46 |
| HUATAS SUR | ||||||
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV12-110C | 76.6 | 79.4 | 2.8 | 1.05 | 81 | 2.21 |
| LV12-118C | 97 | 98.95 | 1.95 | 1.31 | 29 | 1.72 |
| INCL | 98 | 98.95 | 0.95 | 2.25 | 44 | 2.88 |
| LV12-119C | 150 | 166.7 | 16.7 | 0.36 | 29 | 0.78 |
| INCL | 153.4 | 154.4 | 1 | 1.55 | 157 | 3.80 |
| LV12-124C | 137.75 | 141.5 | 3.75 | 9.32 | 144 | 11.38 |
| INCL | 137.75 | 139.3 | 1.55 | 19.97 | 254 | 23.59 |
| LA COLONIA | ||||||
|---|---|---|---|---|---|---|
| Hole | From (m) | To (m) | Interval (m) | Au_ppm | Ag_ppm | AuEquiv 70 to1 |
| LV12-137C | 105.25 | 106.1 | 0.85 | 3.04 | 23 | 3.37 |