HIT LIST Gold & Base Metals in Cuba. SUMMARY: 2,817,734 oz Au, 1.9 M oz Ag, 1.9 billion t Cu, 495 million t Zn identified for acquisition

Transcription

1 HIT LIST Gold & Base Metals in Cuba SUMMARY: 2,817,734 oz Au, 1.9 M oz Ag, 1.9 billion t Cu, 495 million t Zn identified for acquisition San Fernando-Antonio 285 million lb Cu, 495 million lb Zn, 1.9 million oz Ag Sancti Spiritus 54,656 oz Au down to 40m El Pilar (Gaspar) 105,679 oz Au, 32.2 million lb Cu Jacinto 256,000 oz Au Holguin Region Aguas Claras-Guajabales 128,611 oz Au Eleccion 473 million lb Cu Esperanza El Cobre 457 million lb Cu Golden Hill 537,355 oz Au, 62 million lb Cu San Miguel m of drifting at 9.03 g/t Au, 3.51% Cu Hierro Mantua 615 million lb Cu Reina Victoria up to 40 g/t Au, Potosi up to 1,246 g/t Au Delita 1,735,433 oz Au in proven, probable, and possible categories 1

2 1. Project Name: San Fernando - Antonio Company: Location: Status: Deposit Type: Source: Resource: Rank : GeoMinera SA Polygon 3: 238 square km available for option VMS Kuroko or Noranda Type Deposit. San Fernando mineralized zone measures 700m x 200m x 150m deep mineralized with Py, Cpy, Sph, Bor, Gal, Asp. The deposit can be traced for 2 km along strike and several hundreds of meters wide. 103 page powerpoint presentation Inferred Category: San Fernando Inferred: 3.6 MT of 2.3% Cu, 3.4% Zn (182 M lbs Cu, 269 M lb Zn) Antonio Inferred : 2.7 MT of 1.74% Cu, 3.8% Zn, 20 g/t Ag (103 M lbs copper, 226 M lbs Zn, 1.9 Moz Ag) Total : 285 M lbs Cu, 495 M lb Zn, 1.9 Moz Ag HIGH 2

3 3

4 Kuroko Type VMS Deposit 4

5 5

6 2. Project Name: Sancti Spiritus Norte (No.7) Company: GeoMinera SA Location: Polygon : square km Status: available for option Deposit Type: Orogenic Au-Ag quartz veins. Possible VMS (Cu-Pb-Zn) Source: 103 page powerpoint presentation Resource: Inferred Category: Lote Grande average grade of 8.8 g/t Au, values up to g/t Au 1.7t Au down to 40m depth (54,656 oz Au) Rank : Moderate 3. Project Name: El Pilar (GASPAR) Region: Ciego Cmaguey - Tunas Company: GeoMinera SA Location: Polygon 10: 178 square km Status: available for option Deposit Type: VMS Kuroko or Noranda Type Deposit. San Fernando mineralized zone measures 700m x 200m x 150m deep mineralized with Py, Cpy, Sph, Bor, Gal, Asp. The deposit can be traced for 2 km along strike and several hundreds of meters wide. Comments: up to 284 g/t Au, 16.8% Cu at El Pilar up to 8.94 g/t Au, 4.85% Cu at San Nicolas Source: 103 page powerpoint presentation Resource: Inferred Category: 1,701,174 t at 1.93 g/t Au (105,679 oz Au) 1,830,522t at 0.8% Cu (14.633t Cu) Rank : Total : VERY HIGH 105,679 oz Au, 32.2 million lb Cu 6

7 7

8 4. Project Name: Jacinto Region: Ciego Cmaguey - Tunas Company: GeoMinera SA Location: Polygon 13: square km Status: available for option Deposit Type: Low sulphidation epithermal, possible porphyry Cu-Mo +/- Au. Comments: five quart veins between 200m 1,500m long and 1-9m wide except in stockwork Zones up to 42m wide, down to m deep, 1-14 g/t Au (up to 200 g/t Au) Source: 103 page powerpoint presentation Resource: Inferred Category: Measure: 110,048t at 4.12 g/t Au (453 kg Au, 14,600 oz Au) Indicated: 439,442t at 4.72 g/t Au (2,074.1 kg Au, 66,900 oz Au) Inferred: 18,221t at 2.26 g/t Au (41.2 kg Au, 1,300 oz Au) Rank : Total : VERY HIGH with all other categories there is an updated resource of 8t of Au (256,000 oz Au) 8

9 5. Project Name: HOLGUIN: Aguas Claras-Guajabales Region: Ciego Camaguey - Tunas Company: GeoMinera SA Location: Polygon 18: 2,188 sq.km over the entire region Aguas Claras-Guajabales Polygon 18, 23.3 sq.km Status: available for option Deposit: "Reina Victoria": g / t Au (up to 40 g / t in richer areas). "Holguinera": g / t Au (up to 14.4 g / t). "Nuevo Potosí": 1-2 g / t Au (up to g / t in bonanzas). "Agrupada": g / t Au (up to 200 g / t in bonanzas). "Santiago": g / t Au. Mining activity: There are ancient mines since before the nineteenth century. "Reina Victoria": A long pit of about 300 m in length and two benchs. According to ancient documents there are 190 m of mine shafts and 1174 m of old galleries. Mining before 1942 was around 500 kg of free gold. "Nuevo Potosí": Discovered in 1888; between 1900 and 1940 were dug m of mine shaft and 1525 m of mine galleries. A processing plant with capacity to 50t / day was in operation there. Pit of about 200 m long and 50-70m wide is flooded. "Santiago": Mining workings reached 75 m depth, extracting approximately kg of Au between 1900 and It is known that between 1905 and 1920 bonanzas with gold content between 8.9 and g / t (861 oz/t Au) were extracted. Deposit Type: Orogenic Gold. Comments: NA Source: 103 page powerpoint presentation Resource: Reyna Victoria: 1.66 g/t = 3.657t ( oz) Agrupada: g/t = 0.18t (5 940 oz) Emilito: g/t = 0.03t (974 oz) Colas 1: g/t = 0.2t (6 542 oz). Colas 2: g/t = 0.23t (7 555 oz). TOTAL = t = 4.297t ( oz). Rank : VERY HIGH 9

10 10

11 11

12 6. Project Name: Sierra del Purial Ouest - Elleccion Region: Macizo Sagua - Baracoa Company: GeoMinera SA Location: Polygon 21: 121 sq.km Status: available for option Deposit: Elleccion (Cu-Ni-Au-Ag-Co), values as high as 15% Cu, 0.8% Ni, 0.1% Co, 8 g/t Au, and 85 g/t Ag. Mining activity: some mining between 1920 and Deposit Type: Orogenic Cu-Ni sulphides, possibly VMS (Cu-Zn-Au-Ag) Comments: NA Source: 103 page powerpoint presentation Resource: Eleccion Contoured: 4,428,168t at 2.02% Cu, 0.12% Ni (197 million lb Cu) Extrapolated (inferred?): 5,570,921t at 2.11% Cu (258 million lb Cu) Forecasted (inferred?): 419,040t at 1.97% Cu (18 million lb Cu) Rank : Total : 473 million lb Cu VERY HIGH 12

13 7. Project Name: Esperanza El Cobre Region: Company: Location: Status: Deposit: Mining activity: Deposit Type: Comments: Source: Resource: Sierra maestra GeoMinera SA Polygon 25: 403 sq.km available for option El Cobre : Gitanilla Cu (ave 2.02 %). Cuerpos estratiformes: Cu (up to 6.40 %); Zn (up to 4,87 %). Cobre Norte : Cu (up to 3,5 %) y Au (up to 6,4 g/t). Santa Rosa : Cu (up to 17,39 %); Zn (up to 39,48 %); Pb (up to 1,08 %; Cd (up to 1 %) y Ag (up to 100 g/t)14. El Desquite : Zn (up to 10 %); Cu (up to 1 %) y Cd (up to 1 %). La Esperanza : Zn (up to 10 %); Cu (up to 2 %); Ag (up to 300 g/t) y Cd (up to 1 %). Bueycabón : Cu (up to 5,34 %) y Mo (up to 0.05 %). La Cuaba : Au (up to 1,82 g/t). mesothermal-epithermal (Cu-Au-Ag), Felsic VMS (An-Pb-Au-Ag) and Porphyry (Cu-Mo +/- Au) NA 103 page powerpoint presentation El Cobre: 11 MT at 1.8% Cu (435 million lb Cu) An additional resource of approximately 2MT at 0.5% Cu (22 million lb Cu) Rank : Total : 457 million lb Cu VERY HIGH 13

14 14

15 15

16 8. Project Name: Golden Hill Region: Sierra maestra Company: GeoMinera SA Location: Polygon 14, 943 sq.km? Status: available for option Deposit: Mining activity: none Deposit Type: Epithermal, high sulphidation Au-Cu Comments: NA Source: 103 page powerpoint presentation Resource: Golden Hill 7.7t Au (248,000 oz Au) & 28,150t Cu (62 million lb Cu) Maclama 4t Au (128,602 oz Au) Florencia 5t Au at 8.9 g/t Au (160,753 oz Au) Jobabo - open pit developed? Total : 537,355 oz Au, 62 million lb Cu Rank : VERY HIGH 16

17 17

18 9. Project Name: San Miguel Region: Sierra maestra Company: GeoMinera SA Location: Polygon 25: sq.km Status: available for option Deposit: numerous occurrences over a 1 km radius Mining activity: m of drifting grading 9.03 g/t Au, g/t Ag, 3.51% Cu Deposit Type: mesothermal-epithermal (Cu-Au-Ag), Felsic VMS (An-Pb-Au-Ag) and Porphyry (Cu-Mo +/- Au) Comments: NA Source: 103 page powerpoint presentation Resource: Rank : Total : VERY HIGH 18

19 19

20 10. Project Name: Hierro Mantua Region: Sierra maestra Company: GeoMinera SA Location: Polygon 36: 6 sq.km Status: available for option Deposit: Deposit Type: VMS Style Comments: NA Source: 103 page powerpoint presentation Resource: 12.7 MT 2.2% Cu (615 million lb Cu) Rank : Total : 615 million lb Cu VERY HIGH 20

21 21

22 11. Project Name: Delita Region: Isla de la Juventud Company: GeoMinera SA Location: Polygon: 8 sq.km Status: available for option Deposit: Deposit Type: Lode Hydrothermal Comments: The mineralized zone runs for 2-5 km along strike and varies in thickness from 5m to 40m a and is hosted in extremely deformed rocks such as breccias and mylonites. Source: Resource: 1,735,433 oz Au in all categories as provided below: CATEGORY RESERVES (tons) Au (g/t) Ag (g/t) Au (oz) Proven 1,659, Probable 4,287, Possible 9,699, Total 15,645, ,735,433 Rank : VERY HIGH 22