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SANTIAGO-FULE

Phe/ps Dodge Mining Company


Number
Exploration and Development Group
Santiago Office Subject

GcoíOgtst

Vísit To
i
Empresa Minera Especial Tintaya S. A.

Dr. P. J. Ryan and Mr. J. L. Madson

April 11-12, 1994

This booklet contains maps, figures, and report excerpts


froiti documents prepared by Phelps Dodge in September 1993 and
March 1994 and by Pincock, Alien, and Holt in January 1994 and
released in March 1994. The only purpose of the booklet is to
serve as a general reference during the minesite visit of Dr.
Ryan and Mr. Madson.

FJM
EMPRESA MINERA ESPECIAL TINTAYA S. A.

KEY PERSONNEL

Lima Office;

Francisco Fernández C. * President - Privatization Committee


Luis F. Moran * Privatization Committee
Oscar Calero * Privatization Committee

Mine Site;

Pelayo Miranda C. Manager - Operations


Mario Alvarado Manager - Exploration and Projects
Antonio Helfer Mine Superintendent
Hugo Famalloa Concentrator Superintendent
Domingo Rodriguez Maintenance Superintendent
Jorge Saavedra * Exploration Superintendent

L.UCUO (hoi.

* Speaks english
I—

/á,OJ"

1 <>€>!■ I pvwrei OMMicM é Muv^irt I^síSsrnI


QtíifiUK I
• CiM4 errcf I
m
jiMe^in WM
-{ CSOBMIV WC

h:
nCURE 2.6.1-1

TINTAYA MINE
0RGANI2ATI0N CHART
PERU PROUECT LOCATIONS
o"

COLOMBIA

300 Kn

I quitos
O
EXPLORACIONES
NORTE
n Talora
TAMBO K
BRANDE
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CM BUENAVENTURA^ V
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\
BRASIL

A

í
iy,ANTAÑHNA'
OCROS f \
EXPLORACIONES I \C® de Poseo \ A
CENTRO /''^y^^'^^-OOLOUiJfRlSA /
NORTE
CAVJUI^ V'' c—
HUAMRM ■
\ V MOROCOCHA - TOROMOCHOV
CRISTOBAL J ^

Colloo V /
^JPi *•.* ' '
qMana ( V
\ Ay^ucho "l
/ , Ql ^RtcVANA
'Cuzco !
UNtib
NES
EXPLORACION \
\ g ^5 BáMBAS
bAhbas
N^RROB^MBA^n ^^(fíicocHA
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V
PROYECTO Arequipo ^
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bCUAJor^
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PROYECTO CHAPI Tacno
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jk i
^CHUPiCCHU KD'

MINES SGNIF'CANT RESOURCES

- *1 n. 2i) ««nt

ABANCA'í a Mi (Cb)
I SIMW SCMWD
£
6 a (Mi) irAt ft mana
ñCMimUf
DCOMAYO
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nMBD
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OWPUilÁwU £L WOSBEtt
nnMr
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COTWftJAO
p^iiMir\ I
LAMPA

Au
30 m.a

Vf PUNO
SW JUW Of OKWlWft»

^oizss

HAtMAM

mollEnd

COUEGü

TACN/, \ /
í M. i/
'■s.
V \ PORPHYfrt Cü (Wo-
52-^9 m!c.

FIGURE 2.1.1-1
METALLOGENIC MAP, SOUTHERN PERU
cusco
n

I 259 Km
'COM-F
195 Km
COM-P

TINTAYA

ABANCAY

190 Km
COM-F

504 Km
COM-F
CANAHUAS

70 Km

] 564 Km
LIMA NASCA AREQUIPA
ASr-F ASF-F

110 Km 240 Km
ASF-G
ASF-G

MATARAN! ILO

ASF ASPHALT

COM COWPACTED
í G GOOD

F FAIR

P POOR

FIGURE 2.4.2-1
TiNTAYA MINE
SCHEMATIC DRAWING OF ROAD ACCESS ROUTES TO TINTAYA
CAMPAMENTOS

PRESADA DE
RELAVES

PLATA
CHABUCA- CONCENTRADORA
NORTE
BOTADERO
ESTE
BOTADERO
OESTE. ZONA coYME nro
NUEVA
CHABUCA^
HABUCA
ESTE
CHABUCA
SUR

ATALAYA
0
COROCCOHUAYCO

QUECHUA

FIGURE 2.2.1-1
LOCATION MAP, TINTAYA AREA FACILITIES & DEPOSITS
PRtUARY
TAIUN<rS

TAUNCS
MPOUNOUENT

untaya hospital
□ TAIUNCS THCKNCRS

no OIERGENCY TAWíCS OAM


««°»«>^UcONCaTRAT^
(□nrc ORE STOfUGE

GENERAL CmCES OcOAftSE ORE STORAGE


•pRláARY CRU9«R
_ WAREHOÜSC

TAHKS

AUXnjARY
n*NWOMA SHOP
^TORACE

OUHP

TvrrATA
OKM 1*1
(EX1STV4G)

CMABUCA
etTC
OKM MT
\ (PROPOSED)

TINTAYA PROJECT
1 I 30,000 QENERAL LAYOUT
^ABUÓA mctor-TeJodat

NTAYA

CHABUC

NCAR

CHAE UCA—
SL

QUECHUAS
CORDCCpHUAYCp
I \
f' J

''--j "■
'a mine
X PROJECT WTUME OF MMNO PROPOnY IZD
QUATERNART OSTERBUROEN t 1
PROSPECT TCRTWRY SEOWENTS * Va.CAWCS 'ES3
CALCSH.ICATE SKMN
MONZONHE PORPKYRY
TONAUTE - OIORrTE
FERR0BAM8A LME5T0NE
PRC-FERROBAMBA UNOS

Main fouíla
AnlhiKn*

SynoHiM

CVw
»v»~tiov 93

FIGURE 2.1.2-1
GEOLOGIC MAP OF THE TINTAYA AREA
KEY

COVER ROCK A SEDIWENIS

ABANCAY BAIHOLIIH

FERROBAWBA IIMESIONE

PRE-FF_RRO0AW0A UNIIS
//y///y///.'///. FAULT

ÍV////y///y/y/ MINES A PROSPECTS


COPPER
(RON
ymZy:' GOLD

cíumwiCÉ*

FIGURE 2.1.1-3
REGIONAL GEOLOGIC MAP,
FERROBAMBO-TINTAYA DISTRICT
Tintaya Mine - Cuzco, Perú
Back of ihe Envelope Economic Evaluaiion
Page 9
PDMC Exploralion - Santiago Office

HEAD GRADE TAILING GRADE


1985 - 1992 1985 - 1992

2.4 0.6

\
■I

E''
S 2

lR%E O(C pokA)>


o.
O
Ü 1.8

U
1.6
1985 1986 1987 1988 1989 1990 1991 1992 1985 1986 1987 19881989 19901991 1992
YEAR YEAR

CON GRADE RECOVERY


1985- 1992 1985 - 1992
92
90 -
-88
ése

S- 82
o 80
"78
76
74
1985 1986 1987 1988 1989 1990 1991 1992 1985 1986 1987 1988 1989 1990 1991 1992
YEAR YEAR

TABLE 3 : TINTAYA MINE - HISTORICAL PRODUCTION STATISTICS

mpb/
TinUy«/B<ckcnv
Tintaya Mine - Cuzco, Perú
Back of the Envelope Economíc Evalualton Page 10
PDMC Exploration - Santiago Office

ORE TREATED
1985-1992
3000000

2.50Q000
2000000

1500000

1000000

500000 •

1985 1987 1989 1991


YEAR

TABLE 4: TINTAYA MINE - HISTORICAL PROD STATISTICS

mpb/
Tinuva/Backcnv
Tintaya Mine - Cuzco, Perú
Back of the Envelope Economic Evalualion Page 11
PDMC Exploration - Santiago Office

CON PRODUCTION
1985-1992
200000

150000

100000

50000

1985 1987 1989 1991


YEAR

FINE Cu PRODUCTION
1985-1992
60000

50000

40000

5 30000
O
20000

10000

1985 1987 1989 1991


YEAR

TABLE 6: TINTAYA MINE-HISTORICAL PROD STATISTICS

fnpb/
Tinlava/nackcnv
442200 H

«42000 N

441000 N

441600 H

441200

V, FIGURE 2.2.2-2
TINTAYA PROJECT, TAJO TINTAYA
J

SlIRrACEJLÍlflfiS

,0HLoro«0M.oH TINUYA OPCN PIT

EXISTIMO DRirr e23 4005 LCVCL

ACCESS LEVEL 3925 LEVEL


(PREPOSEO)

HAUUGE LEVEL 3845 ICVEL


(PREPOSEO)
ORE BELOW
FINAL PIT
BOTTOU

3765 LEVEL

3685 LEVEL

NOT TO SCAL£

FIGURE 2.2,4-1 DCC/93


1181.0
CHABUCA ESTE MINE
SCHEMATIC LONGITUDINAL SECTION, (LOOKING NORTH)
I. '

<41400 K

44t?00 H

441000 M

«40B0O

440600 N

FIGURE 2.2.5-1
TINTAYA PROJECT, CHABUCA SUR
ULTIMATE PIT - MID-BENCH CONTOURS
Sil

HYDRAULIC FILL

HYDRAULIC FILL HYDRAULIC FILL

PILLAR
PILLAR

ORE IN PLACE ORE IN PLACE


\\ \ \ \ \ \\\ \\
DRILL HOLES ORE PASS \ t 1 I t t 1 1 \ i

ORE PASS

ORE PASS
mmmmmt
FILL •• A

TAILINGS BACKFILL

LCVEL

MANWAY

NOT TO sa

DEC/!
FIGURE 2.2.3-1
1161.
COROCCOHUAYCO MINE
CROSS SECTION OF CUT AND FILL LAYOUT
1^^^

sobt^SL
FILL
RAI5E

4045 LEVEL
oo
RECLAIM
TUNNELS

ORE PASS

CRUSHER

NOT TO SCA

FIGURE 2.2.3-2 DEC

COROCCOHUAYCO MINE f: 16

SCHEMATIC 5ECTI0N. MINE LAYOUT


SECTION 3

GEOLOGY

A. REGIONAL GEOLOGY AND CONCESSIONS

The Tintaya Mining District is located in the southeastem limit of the Ferrobamba
Copper Skam Bell of southcentral Peni as shown in Figure 1 on pages 3-13 and 3-14. This belt
extends 250 kms lo the northwest of Tintaya with an average width of 60 kms. It is conformed
by a mesozoic sedimentary sequence strongly folded, thrusted, uplifted and intruded during the
Andean Orogénesis (Incaic Phase). The main structural feature on the belt is the Abancay
Deflection which is a regional warping of the sequence in such a way that the northem part runs
east-west, gradually tuming and running southeast in the southem part. All the major structures
within the belt parallel this regional trend.

This sedimentary sequence is of late Jurassic to early Cretaceous age and is conformed
by the Yura quartzites at the base, overlain by the Mara redbeds and topped by the Ferrobamba
limestones. The sequence has been repeatedly intruded during late Cretaceous to mid-Tertiary
by diorites and granodiorites of the Abancay Batholith, followed by stocks and dikes of
monzonite porphyry and late andesite dikes.

The gray nodular limestones of the Ferrobamba formation and the monzonite porphyry
intrusions host the relevant ore deposits in this mineral province. These are of the Cu (Au-Mo)
skam, Fe-Au skam and disseminated Au in monzonite porphyry type (Figure 1 on pages 3-13
and 3-14). The skam copper deposits of the Tintaya and Ferrobamba belts are formed as the
result of intrusive rock being emplaced into a sedimentary rock such as shale or limestone. The
thickness of the skam zone is variable and depends on the quality of the fluids in and the
temperature of the intrusive rock and the permeability of the sedimentary host rock. Examples
of a skam deposit include portions of the Shannon Mountain deposit at Morenci and the high
density copper-magnetite-chalcopritye-pyrite ore at Chino. Tintaya skam differ from these two
deposits in that the intrusive rock at Tintaya is generally poorly mineralized. Potential also
exists in the Ferrobamba Copper Skam Belt to lócate intrusive units that have disseminated or
"porphyry" style mineralization similar to that at Morenci and Chino.
The mining claims that will be in the Tintaya mine privatization package include those
within the Tintaya mine operation area, called the Tintaya Mining District and the claims in two
other districts, the Livitaca District and the Northwestern Mining District. The Las Bambas
District also discussed in this section, will be part of a sepárate privatization package. All of
these claims are presently all under the ownership of Minero Perú but will be transferred to
Tintaya and other entities as part of the privatization process. The individual claims of each
district are shown in the tables in Section 5:

3-1
B. THE TINTA YA MINING DISTRICT

i. Local Geolopv

The Tintaya Mining District is the southeastemmost outcropping of the Ferrobamba


Copper Skam Belt, a window of Mesozoic sedimentary rocks surrounded by diverse volcanic
units of upper Teitiary and Quatemary age as well as recent sediments. It is located south of
the town of Yauri and west of Rector Tejada.

The Mesozoic sedimentary units outcrop forming a broad northwest-southeast striking


anticline in which the late Jurassic Yura quartzites occupy the core and are flanked by the early
Cretaceous Ferrobamba limestones. Very complex parallel folding affects this broad structure
forming tight syncline-anticline pairs locally. Associated with the folding are parallel axial
faults, as well as dip slip faults on the flanks. A major northeast-southwest shear with apparent
left lateral displacemenl cuts through the center of the district, apparently displacing the broad
anticline core outcropping in the southeastem part of the district (between east of Quechua and
south of Tintaya) two kms to the southwest (outcropping in the northwestem part between
Atalaya and Ccayo-Huinicunca).

The magmatic intrusions occurred in late Cretaceous to mid-Tertiary times. The oldest
and largest intrusión occurs around and northwest of Tintaya, it is a granodiorite pluton limited
to the south by the Tintaya shear fault and to the north by the late Tertiary volcanics. This was
followed by diorite intrusions outcropping throughout the area in dikes stocks and sills of various
dimensions, cutting all older units. The largest of these crops out extensively just south of the
Coroccohuayco deposit. A later phase of magmatic activity was responsible for the emplacement
of monzonite porphyry dikes and stocks as well as minor granite porphyry apophyses which are
responsible for the copper skam mineralization in the district and in general throughout the
Ferrobamba Copper Skam Belt. The final intrusive phase is related to dacitic and andesitic
dikes and pipes related to the late tertiary volcanic activity.

The Tintaya Mining District hosts several copper skam deposits and prospects, Tintaya
being the most important but it also includes the Chabuca, Chabuca Este, Chabuca Sur, Chabuca
Norte, Inflexión and Zona Nueva ore bodies. Other deposits of copper skam type are
Coroccohuayco and Atalaya as well as the Huacollo, Atuncancha, Condor Sayana and
Huinicunca prospects. Examples of these are copper disseminations in brecciated quartzites of
the Quechua and Ccayo-Huinicunca properties. Of these, the Atalaya and Quechua properties
have other owners and will not be discussed in this report. The Ccayo-Huinicunca property is
located at a significant distance from the Tintaya operations and is discussed separately with
"Other Prospects".

The Tintaya copper skam deposit surrounds the Tintaya quartz monzonite stock (Figures
2 and 3 on pages 3-15, 3-16 and 3-17) on its southeastem, southem, and southwestem contact
with a wedge of Ferrobamba limestones caught between the stock and the granodiorite pluton

3-2
(lopolith) to the south. The deposit has been subdivided into different ore bodies which from
southeast to southwest are called Zona Nueva, Inflexión (actual pit mine), Chabuca Este,
Chabuca and Chabuca Norte. The Chabuca Sur ore body occurs south of Chabuca and Chabuca
Este, below a superficial outcrop of the granodiorite lopolith which probably acted as a cap rock.
The geometry of the first deposits follows "grosso modo" the contact of the monzonite stock
which in general dips towards the center of the intrusive (Figures 4, 5 and 6 on pages 3-18, 3-19
and 3-20). These are disrupted by numerous monzonite porphyry dikes projecting outwards
from the stock with southwesterly strike. It is precisely these dikes that intrude the Ferrobamba
limestones below the granodiorite lopolith and have mineralized the contact between these two
units forming the Chabuca Sur ore body with an upward concave lens shape (Figure 7 on pages
3-21, 3-22 and 3-23). The mineralization is hosted in gamet and diopside skam forming
irregular high grade bodies of chalcopyrite, bomite, pyrite, magnetite and calcite. Normally
there is low pyrite content and some are magnetite dominant. An average ore grade of 2% Cu
is a common factor, although it can range up to 8% or more locally.

The Coroccohuayco deposit shown in Figures 8 and 9 is hosted in a one-km long block
of metasomatized Ferrobamba limestones of irregular thickness that occurs floating in the
Coroccohuayco diorite intrusive. The discontinuous small outcrops of magnetite and gamet
skam on the westem margin of the Coroccohuayco valley are cut by a swarm of monzonite
porphyry dikes striking to the northwest and are too small to show in Figure 2(on pages 3-15
and 3-16). Previous exploration at Coroccohuayco has concentrated in the central 400 meters
of the skam block (Figure 8 on page 3-22), just west of the small magnetite and gamet skam
outcroppings. The skam body was intersected by all drill holes at depths between 100 and 400
meters below the surface, forming a westeríy dipping slab hosting the irregular ore bodies of
chalcopyrite, bomite, magnetite, calcite and minor pyrite. The ore body remains open in all
directions (Figure 9 on page 3-23). The average grade of this deposit is 2.5% Cu, with some
very high grade pods.

Exploration in the Tintaya Mining District has been limited to the Tintaya and
Coroccohuayco outcrops. Surface mapping of the whole district by Minero Peni is based
primarily on aero-photography with very limited field reconnaissance. Indirect methods such
as geophysics were only used at the Tintaya deposit and limited to the outcrop area and
surroundings. Despite this, a cióse study of oíd Minero Perú maps has shown the existence of
several outcrops of "mineralized" and "un-mineralized" skam that have never been appropriately
explored. These are the Huinicunca, Huacollo, Condor Sayana and Altucancha deposits and
some of these appear to be iarger than the Tintaya or Coroccohuayco systems. Large extensions
of terrain with Ferrobamba limestone outcroppings, intruded by monzonite porphyry remain still
unexplored to the west of Tintaya and to the east of Huacollo and Altucancha and some of it
isn't even claimed. Finally, as discovered at Tintaya and Coroccohuayco, the diorite intrusions
often have lopolithic shape, with sub-horizontal base capping potentially mineralized terrain.

A detailed field study of geological relationships along with geochemical sampling, and
with magnetic and electric geophysical surveying will more than likely demónstrate the existence

3-3
of many more oulcropping and blind deposits, possible within or adjacent to the Tintaya and
Coroccohuayco deposits.

ii. Geolopical Ore Reserves

The geológica! reserves presented in the "Report On The Resource And Back-Of-The-
Envelope Economic Evaluation" prepared by the PDMC Exploration and Development Group,
Santiago office, dated September 1993, was based on the Tintaya reserve estímate dated June
1993. Since this date, severa! reserve updates have been issued by Tintaya, modifying the cut-
off grade and diverse other parameters in some cases, and as a result of additional exploration
drilling in others. These updates were done in an effort to increase their sulfide ore reserves.

A study of the reserve statements of Tintaya showed that for some ore bodies only
minable reserves were included as seen in the Inflexión and Zona Nueva actual open pit area,
while others included all geológica! reserves. In view of this, the services of Lynx Geosystems
who had completed modeling work for Tintaya, were contracted to verify the geological and/or
minable reserves of the principie ore bodies of the Tintaya Deposit, including the Inflexión and
Zona Nueva ore body, the Chabuca Este ore body, and the Chabuca Sur ore body.

The geological reserves of the Tintaya Deposit are listed in the following table with
identified sources of Lynx(L) and Tintaya(T) and they amount to 111 million tonnes with a
1.98% copper grade:

GEOLOGICAL RESERVES TINTAYA MINING DISTRICT

Sulfide Ore

Million Au Ag MoS2 %
Ore body S Tonnes Cu % oz/tonne oz/tonne

Inflexion/Zona Nueva L 23.588 1.59 0.018 0.464 0.02


Open-Pit

Chabuca T 2.836 2.08 n/a n/a n/a

Chabuca Este L 23.816 2.11 0.011 0.447 0.01

Chabuca Sur T 9.053 1.92 0.009 0.320 0.09

Chabuca Norte T 0.593 2.63 n/a n/a n/a

Coroccohuayco T 25.924 2.10 0.016 0.386 n/a

Subtotal 85.810 1.94 — —


3-4
Oxide Ore

Ore body S Million Tonnes Cu % Cu Sol %

Inflexion/Zona Nueva T 0.196 1.65 1.50


Open-Pit
Chabuca T 7.199 2.25 1.90

Chabuca Este T 4.755 2.03 1.85

Chabuca Sur T 2.162 1.96 1.54

Chabuca Norte T 1.285 3.05 2.00

Ex-Mine Pile T 9.682 2.00 1.62

Subtotal 25.279 2.12 1.75

Total Ore Reserves 111.089 Million Tonnes 1.98 % Cu

iii. Potential Reserves

The total geological reserves of the Tintaya Deposit, including the 22.5 million tonnes
minad to date in nine years of operations, presently amount to 100 million tonnes with additional
ongoing expiorations to the south and west continuing to increase these reserves. The potential
of this deposit may be at least 150 million tonnes with an average grade of about 2% Cu. The
nearby Coroccohuayco deposit with 25 million tonnes of geological reserves estimated on the
basis of 33 diamond drills, of which all but one intersected the mineralized horizons, remains
open in all directions. Based on the geological relationships of this ore body, as well as on the
surface outcrops, a fHDtential of at least 50 million tonnes with average an grade above 2% Cu
can be assumed to exist within the one-km long outcrop trend of skam lenses and their
projection at depth. If the other prospective deposits (as well as several additional blind or still
un-discovered ones) are considered, an additional potential of 100 million tonnes with similar
copper grades could be discovered with an appropriate exploration program.

Based on the above, the total potential reserves of the Tintaya Mining Districl could be
on the order of 3(X) million tonnes with an average grade of 2% Cu. These reserves would most
likely be distributed in several ore bodies of 25 plus million tonnes which could be mined by
open pit or underground methods.

3-5
SECTION 4

PROJECT PLAN

A. OVERVIEW

The plans for the future operation of the Tintaya project are based on what is presently
known about the mineral reserves and what the exisüng facility has produced and could produce
with different mineral resources. As discussed in Section 3, the potóntial geological reserves
of the Tintaya district are considerable but the minable reserves in cióse proximity to the
facilities are much less. A review of the Tintaya mineral resources indícate that proven o^n-pit
minable reserves amount to about 27 million tonnes of open-pit ore and discounted geologic^
ore from underground sources amount to 27 million tonnes, for a total of 54 million tonnes. As
this total is sufficient for about 21 years at the present producüon of approximately 2.7 million
mtpv some debottlenecking potential with relatively small capital investment could bejustitied,
but a major expansión in capacity of 50% or more would have to be based on aggressive
assumptions of additional ore reserves coming from a successful futore exploration program.
Although, with the geological information discussed in Section 3 this possibility is clearly ^
upside potential, it is not included in the plan. Based on this approach and a review of the
potential for debottlenecking the mine and concentrators, a throughput of 3.2 million mtpy could
be achieved by 1996 with only modest capital additions.
The plan contemplates mining exclusively open-pit ore for seven years, then a mix^ fe^
of open-pit and underground ore for another four years, and exclusively underground ore for the
final five years (or a total mine life of 16 years at full capacity). Mining then continúes at only
one of the underground mines for another six years at 1.5 million mtpy until the reserves are
exhausted bringing the total mine life to 22 years. The capital and operaüng costs of the project
plan are based on this approach.

B. MINE PLAN AND MINABLE RESERVES

i. Minable Reserves

The project plan is based on Tintaya's own estímate of the minable reserves for the
Tintaya existing open-pit. For the Chabuca Sur and Chabuca Este open-pits, the calcu ation o
minable reserves was performed by Lynx Geosystems of Vancouver, Ganada. Tintaya engineers
provided the raw data, including drill hole information and geologic interpretations, in Lynx
Geosystems format, and Lynx created models by using this data and applying geostatistical
analysis methods. After this step, Lynx applied the Lerchs-Grossman method of an^ysis to
determine which blocks within the model could be mined for a profit. The economic basis tor
the open-pit was provided by year to date Tintaya costs (adjusted when appropriate as on
PDMC experience at its operations) and consisted of the following information;
4-1
Mining Cost $0.878 per tonne of material
Concentrating Cost $5.545 per tonne of ore
Concentrator Recovery 90% for Copper
Concéntrate Grade 31.5%

Smelting Charge $100 per tonne concéntrate


Reñning Charge $0.10 per Ib. Cu
Inland Freight on Concéntrate $40.73/tonne concéntrate

Ocean Freight on Concéntrate $40.00/tonne concéntrate

Adminislrative costs $0.037 per pound Cu


Depreciation $0.10 per pound Cu
Precious metal credit $0.088 per pound Cu
Copper price $0.85 per pound

The results of Lynx's analysis for Chabuca Este and Chabuca Sur using a 0.65% Cu
cutoff and the Tintaya estímate of the exisiing open pit are presented in the tabla below;

Ore Grade Ktonne Total Stripping


(000 tonnes) %Cu non-ore Material Ratio

Tintaya Open Pit 8,898 2.01 13,561 22,451 1.52

Chabuca Este 11,032 2.07 94,960 105,992 8.61

Chabuca Sur 6,617 1.91 37,785 44,402 5.71

TOTAL 26,547 2.01 146,306 172,845 5.51

Underground reserves were derived from the geological reserves for Chabuca Este and
Coroccohuayco. In Chabuca Este, Lynx Geosystems calculated the entire geologic reserve, and
after subtracting out the material which is planned to be mined by open-pit methods, 85% of the
remaining material was estimated to be recoverable by underground methods. In
Coroccohuayco, 80% of the geological reserve reported by Tintaya was estimated to be
recoverable. The following tabla lists the recoverable reserves for the two underground
deposits:

Ore Grade
(CKX) tonnes) %Cu

Chabuca Este 11,090 2.13

Coroccohuayco 15,540 2.56

Total 26,630 2.38

4-2
Dilution of these reserves is estimated at 10% for Chabuca Este and ^r
Coroccohuayco. To account for the dilution, the planned tonnage at Chabuca Este will be
increased by 10% and the grade reduced by 10% (yielding a total of 12.2 million tonnes at
1.92% Cu) and at Coroccohuayco, the planned tonnage will be increased by 12% and the grade
cut by 12% (yielding a total of 17.4 million tonnes at 2.25% Cu). The adjustment for the
dilution of grade will be blended in with the mine-mili discrepancy in the mine plan section.

ii. Mine Plan

Mine plans for 1994 followed those designed by Tintaya since an acquisUion by Phelps
Dodge could not result in operating control until sometime later in 1994. The fór 1995
are designed to meet concentrator requirements of 8,500 tonnes of ore per day for 350 days,^
from then onward, the mine plans are designed to meet concentrator requirements of 9,000
tonnes of ore per day for 360 days per year. This increase in ore delivery is due to anücipated
debottlenecking of the concentrator capacity. An increase in total tonnes mined per day (ore
plus waste) is required by the stripping ratio dictated by the reserves.
The mining sequencing of the various deposits was designed to mine the most economic^
pit first and the least economical pit last, followed by mining of the underground deíwsits The
table on the following page presents the designed mine plan for the y^s 1994 to 20 .
Chabuca Este was split into two pits: Expansión tí 1, which is adjacent to the Tintaya oj^n pi ,
and Expansión ü 2, which is an enlargement of Expansión tt 1. Expansión #1 had been
identified by Tintaya engineers.

A mine to mili discrepancy factor of 10% was applied to all deposits (other than the
Tintaya open pit) when calculating the concentrator head grades for Cu, Au, and Ag. It was not
applied to the Tintaya open pit because the operation does not currently expenen^ a
discrepancy. Lack of operating experience in the other deposits prompted its application there,
and the factor is similar to that used at Morenci.

Production from underground sources is scheduled to begin in 2001, at which time it will
produce 12.5% of the total ore requirements, and by 2005, underground sources are scheduled
to be the solé source of ore. Delaying the underground production unül 2001 allows necessary
drlUing to enhance the reserve definition.

4-3
Tintaya Project
Preliminary Mine Plan Summary
Base Case 1994 - 2015

2010-

2006 2007 20« 2009 2015 TOTAL


29M 2Mt 2002 3003 2004 2005
1994 1995 1996 1997 1998 1999
360 360 360 360 2,000 7,7»
360 360 360 360 360 360
340 350 360 360 360 360
Onnlinc D>y« per Yeer
tjm
Sulfide Ote Tontea (DOO) Í7TO 1,983 2,160 2.055 2.009
Tinuyi Open Ph
Sulfide Ore STCu 1.924 2.046 2.048 2.046
U561
Weote Tornea (000) 8,400 1,65! 1.799 1,71! 22,459
Total Tontea (OTO) 11,100 3,634 3,959 3.766 1.S2
WuM Retío 3.1) 0.83 0.83 0.83

32.6 10.4 11.0 10.5


4.9R2
Sulñde Ore Tontee (DOO) 992 1,080 7» 1,620 510
iins
Cfaabuca E(te Eipn #I*
2.103 XI03 2.103 2.103 2.103
Suirtdo Ore «TCu 3IJS8
3.900 10.449 5,761 4,800 4,892 1.556
Wisle Tontea (000) 36.340
3.900 11.441 6,841 5,580 6.512 2,066
Tcul Tfln«e (000) 6.29
10.53 5.33 6.15 3.02 3.05
Waele Relio
11.5 32.7 19.0 15.5 18.1 5.7
6.617
405 1,620 2,160 1.620 812
Cbibuca Sur Stiirtde Ore Toitnea (OTO) 1.890
1.890 1.890 1.890 1.890 1.890
Sulfefe Ore «TCu 37.7RS
9,000 7.945 4.860 6,480 4,860 Í370
Weele Tttaw (DOO) 2,230 44.402
2,230 9.000 8,370 6,480 8,640 6.4» 3,182
Toíal Tonree (OTO) S.Tl
19.67 3.00 3.00 3.00 2.92
Weele Relio
6.4 25.0 23.3 18.0 24.0 18.0 8.8
6,049
570 1,620 2,023 1.836
Chabuca Eale Expn f2' Suiftde Ore Tontea (000) 2.620
2.020 2.020 2.020 2.020
Sulfide Ore «TCu 0.602
2.084 8.788 10.504 13,6» 14.971 13.575
Weele Tontea (000) 69.651
2.084 8,788 11.074 15.300 16.994 15.411
Tote! Tonca (000) iOJl
18.43 8.44 7.40 7.39
Waiite Retío
5.8 24.4 ».8 42.5 47.2 42.8

1,620 1,620 1,620 1.2&5 12.200


405 810 1,620 1.620 1,630
Cbabuca Ea<e Ual. Ond. Sulfeto Ore Tontea (DOO) 2,1» 2.1» 2.1» 2.130
2.130 2.130 2.1» 2.1» 2.1» 2.1»
Sulfide Ore «TCu 4.5 4.5 4.5 4.5 3.5
1.1 2.3 4J

2JR7
594 1,300 493
Cfaabuea Chabuea N. Suinde Ore Tontea (OTO) 2.17S
2.175 2.175 2.175
Cieoto^eal probabte*) Suifefe Ore «TCu 20.587
1.604 S.T75 10,1» 3,078
Wtelo Tonca (DOO) 22jr74
1.604 6.369 11.3» 3.571
Total Tontee (DOO) 6.24
9.00
9.72 8.44
Weale Relio
4.5 17.7 31.5 9.9
Toncs/Dey lOTO)
1,512 1,512 1.512 1,512 8,401 17.400
4» I.0I9 1,512
Cerooaahuayeo Und, Ond. Sulfde Ore Tontee (DOO) 2.560 2.560 2.560 2.560 2.560 2.560
2.560 2.560 2.560
Sulfi^ Ore «TCu 4,2 4.2 4.2 4,2 4.2 4.2
1.2 2.8
Tonca/Dcy (DDO)
3,132 3.132 3,132 xm 8,401 58.433
3,240 3.240 3.240 3.240 3,240 3,132 3,132
2,700 2,975 3.240 3,240 3,240 2.201
Teul tXatriei PieductioD Sulfide Ore Tontea (DDO) 2.338 2J38 2.338 2J38 2.364 2.560
1.955 2.001 2.076 2.202 2.277
1.924 2.065 2.065 2.040 1.997 1.946
Sulfik Ore «TCu 0.41 0.41 0.42 O.SO 0.41
0.32 0.33 0.38 0.41 0.41
0.48 0.46 OJl 0.30 0.31 0.32
Sulfide Ore i.fTM Au 0.55 0.48 12.87 12.0! 12.49
11.39 12.32 12.99 12.99 12.99 12.99
13.47 10.85 9.83 10.85 12.37 12.78
Sulfile Ore f.fTM Aj 14.43 14,25 14.25 O.Oi 0.02
0.01 0.01 0.01 0.01 0.01 0.01
0.04 0.05 0.04 0.03 0.01 0.01
0.02 0.02 0.02 0.02
Sulfide Ore «MoS2 8.7 8.7 8.7 8.7 8.7 7.7 4.2
9.0 9.0 9.0 9.0 9.0 9.0
7.9 BJ 9.0 9.0 166,893
Sulfide Ore T/Dey (DDO) 3.078
16,560 18.540 18,540 18,540 18.945 19.350 10,1»
Weele Tontea (000) 12.300 14,350 16.560 8.401 225J26
22,590 13,370 6.210 3.132 3.132 3.132 3,132 XTn
17,325 19.800 19,800 21,780 21.7» 21.7» 22,185
Total Tonca (DOO) 15,000 5.79
5.72 5.72 6.68 7.96 8.44 6.24
4.56 4.82 5.11 5.11 5.72
Weele Relio (Opcn Pila)**
Tonca/Day (DOO) 44.1 49.5 55.0 55.0 60.5 60.5 60.5 61.6 1 62.8 37.1 17.3 8.7 8.7 8.7 8.7 7.7 4.2
2010-

im 1995 1999 1997 1990 1999 2000 2001 2002 2«D 2004 2065 2006 2907 20« 26» 20IS TOTAL

300 360 360 360 360 360 360 360 360 2.0CO 7,730
Openlint Diy* per Yew 340 350 3«0 3«0 300 300 360

3,240 3.240 3,240 3,240 3,240 3.240 3.240 3,240 3,132 3.132 3,132 3,132 3,132 2,777 8.401 58.433
Mid Food— SulMe Ote Tome (DDO) 2.TOO 2.975
1.924 1.995 1.995 I.9M (.797 1.752 1.7Í0 1.801 1.976 2.033 2.079 2.079 2.079 2.079 2.100 2.253 I.9M
SulMe Ore *TCu
0.27 0.27 0.27 0.29 0.29 0.30 0.34 0.37 0.37 0.37 0.37 0.37 0.44 6.37
Sulfide Ore f./TM Au 0.55 0.47 0.47 0.45
13.79 13.04 9.76 8.S4 9.76 11.13 11.50 10.22 11.01 11.57 11.57 I1J7 11.57 11.45 10.57 11.39
SuIMe Ore (./TM At 14.43 13.79
0.02 0.02 0.02 0.02 0.04 0.05 0.04 0.02 0.01 0.01 0.01 D.OI O.Oi 0.01 0.01 O.OI 0.01 0.62
Suirrie Ore KMoSI
9.0 9.0 9.0 9.0 9.0 9.0 8.7 8.7 8.7 8.7 8.7 7.7 4.2
Sulñde Ore T/Dty (DDO) 7.9 9.0 9.0

Average Grades of By-Products****


Au Ag MoS2
(g/t) (g/t) (%)

Tintaya 0.55 14.43 0.02

Chabuca Este 0.33 13.90 0.01

Chabuca Sur 0.28 7.79 0.07

f' Chabuca Sur + 0.28 7.79 0.01


1/1
Chabuca Norte

Coroccohuayco 0.50 12.01 0.01

Notes to the tables:

Chabuca Este Expansión #1 and #2 are adjacent to Tintaya open pit


Total waste ratio calculation exeludes production from underground sources
Mine to mili discrepancy equals 10% for all metáis in all deposits other than Tintaya open pit and Coroccohuayco.
In Tintaya open pit, 0% discrepancy was estimated. In Coroccohuayco, 12% discrepancy was estimated.
By-product grades for Chabuca Norte were assumed to match Chabuca Sur except for MoS2. MoS2 for those deposits
and for Coroccohuayco are unknown and assumed to be 0.01.
Tahle C—4 Flowsheetsof chemical analysis
(Cu, Pb, Zn, Ni)

Sample (1 g) (in 100 - 300 mi conical beaker).


' HCl + HNO3 + H2O ( 3:1:1, 20 mi ).
: HCIO4 (5 mi ).
Evaporation for consolidation.

( 1 + 1)HC1 (8 mi).
Heating for solution.

Natural cooling.

Transfering in 100 mi measuring flask.

Shaking.

Piltration (No. 6, 9 cm)

Atomic absorptiou.

A - 2
(As)

Sample (1 g).
-s HNO3 + H2SO4 (2:1, 20 mi).
Heating for disintegration (until vhite smoke of sulphuric acid appears)

Cooling.
-(1 + 1)H2S04 (10 mi).
Heating for solution.

Cooling.

Transfering to frask.
KI (15 io, 5 mi).
SllCl2*2H20 (40 3 mi)
Constructing the apparatus.
—s Zinc grain (about 5 g).
Appearance of AsH^.

Coiorimeter.

A - 3
(Mo)

Sample (l g),
HCl + HNO3 + H2O (3:1:1, 20 mi).
HCIO4 (5 mi).
Bvaporation for consolidation.
^ (1 + 1)HC1 (5 mi).
Heating for solution.

Transfering te 50 mi measuring test tube.

Neutralizing by NH^OHd + 1) (about 6 mi).


-5 Na2C03 (10 1 mi).
Correcting liquid measure of 40 mi.

Shaking and filtration (No. 2, 9 cm).

Dividing 20 mi inte the measuring test bube.


NH2OH.HCI (25 mi).
^—Zinc dithiol (5 mi).
Strongly shaking more than tvo minutes.
(showing green in colour)
Colorimeter,

A - 4
(Hg)

Sample (2 g).
—HNO3 + H2SO4 (2;1, 15 mi).
^—KMn04 (5 1°, 5 mi).
Heating for solution by water bath for two times and at 50 - 60® C.
If the color of KMn04 vanishes by the way, add it up to coloring.
Natural cooling.
NH20H'HC1 (50 a fev drops up to vanishing the color).
Transfering to 100 mi measuring flask.

Shaking.

Pil'trati on (No. 2, 11 cm).

Dividing into flask (10 - 50 mi)

Correcting up to total 105 mi.


^ Reduction liquid (lO mi) (adding together 50 g of S]^2.^^2*2H20
and 130 mi of (1 + 1)H2S04 and adding H2O up to total 500 mi),
Measurment.

A - 5
(Mq)

Sample (l g).
^HCl, HWO3, H2O (3 : 2 : 1, 20 mi)
s HCIO4 (5 mi).
Evaporation for consolidation.
{1 + 1) HCl (8 mi).
Heating for solution.

Natural cooling.

Trausfering in 100 mi measuring flask.

Shaking.

Filtration (NO. 6, 9 cm),

Aiomic absorption.

A - 6
Table C-5 Geochemical Data of Selected Samples on 8 Elements

Geological Index

Quaternary (grave! & sand) CQU]


Rucara Group [PU]
Milu Group (M I)
Diorite complex [MD]
Granite & Granodiorite [PG]

A - 7
Stream
Geological Content
Sample No. Sediment(R)
Index
or Soil (T) Cu Pb Zn Ni As Mo Mn
ppm ppm ppm ppm ppm ppm DPb ppm
C-21 R PU ■ 5.2 19 102.7 23.2 0.0 0 <30 457.9

C-26 R FU ■ 4.7 9 48.1 22.3 0,0 0 <30 236.8

C-30 R QU 11.0 354 850.6 26.0 0.0 0 <30 442.1

C-31 R QU 6.9 0 34.3 16.7 0.0 0 <30 326.3

C-42 T PU 9.3 19 64.4 31.5 "0.8 0 <30 105.3

C-53 R MI 8.7 6 48.2 14.8 0.0 0 <30 368.4

C-54 R MI 18.0 6 36.4 28.8 2.9 0 <30 268.4

C-57 R MI 5.2 16 63.8 24.1 0.0 0 <30 652.6

C-58 T MI 6.9 1188 432.9 36.2 2.9 0 <30 57.9


/•

C-60 R Yuy 5.2 0 32.7 y 17.6 0.0 0 <30 78.9

C-61 R QU 9.9 0 60.1 26.0 0.0 0 <30 384.2

C-64 R MI 7.6 0 53.0 25.1 0.0 0 <30 342.1

C-70 T MI 2.9 0 40.1 14.9 0.0 0 <30 294.7

C-77 T MI 9.9 0 47.4 23.2 1.9 0 <30 300.0

C-82 T QU 76.2 62 487.8 36.2 6.3 0 335 957.9

C-132 T MD 31.4 19 87.2 28.8 14.4 0 140 626.3

C-141 R QU 19.7 0 53.0 28.8 0.0 0 <30 415.8

C-162 T MI 18.6 36 87.8 39.0 1.5 0 55 447.4

C-168 T PU' 5.8 26 41.0 - 23.2 0.0 0 <30 121.1

C-169 T PU / 9.3 89 65.5 / 26.0 0.4 0 45 594.7

C-170 T MI 12.2 33 121.8 27.8 1.2 0 145 542.0

C-177 R MI 53.5 69 142.8 30.7 0.7 0 <30 1084,2


C-203 R MI 13.9 33 51.4 18.6 3.8 0 <30 300.0

C-207 R MI 10.5 9 53.4 27.8 0.0 0 <30 373.7

C-223 T PU 3.5 ■43 29.8 44.6 1.9 0 100 2184.2


C-228 R MD 161.0 23 99.8 27.8 2.6 0 <30 589.5

C-237 R PU 4.7 49 62.8 20.4 0.0 0 97 415.8

C-242 R PU 13.9 9 85.3 42.7 1.0 0 <30 378.9

C-245 R PU 15.1 6 70.8 26.0 0.0 0 <30 373.7

C-265 T PU 18.6 72 496.9 62.3 11.2 0 <30 1305.2

C-274 R PU 4.1 46 49.9 "29.7 0.0 0 <30 810.5

C-280 R QU 12.2 6 49.8 26.0 2.6 0 <30 301.5


C-286 T PU 9.9 19 341.5 32.5 7.5 0 <30 157.9

C-301 R MD 3.5 0 22.7 20.4 0.0 0 <30 510.5

C-347 R MD 83.1 125 707.3 21.3 0.5 0 <30 300.0

A - 8
Stream
Geological Contení
Sample No. Sediment(R)
Index Cu
or Soil (T) Pb Zn Ni As Mo Mn
ppm ppm ppm ppm ppm ppm DOb Dom

C-359 R PU 22.7 33 141.8 69.7 3.6 0 < 30 878.9

C-361 R FU 40.7 3 47.9 29.7 5.8 0 < 30 373.7

C-388 T MD 9.3 ■13 17.8 16.7 0.0 0 365 194.7


C-398 R MD 18.0 16 75.8 19.5 6.1 0 < 30 536.8
C-412 R ■MI ■ 8.7 9 45.4 20.4 3.2 0 < 30 552.6

A - 9
Table C-7 Geochemical Data of the Precisely

Surveyed Area on 3 Elements

Geological Index

Quacernary (grave! & sand) CQU]


Rucara Group [PU]

Mitu Group [Mi]


Dior i te complex [MD]
Granite & Granodiorite [PG]

A - 10
Stream Sediment (R) Ceological Cu Zn Pb
S ampie No.
or SoU (T) Index contenc (ppm) Content (ppm) content (ppm)

1 R QU 10.6 54.0 13

2 R QU 14.2 67.6 23

3 R QU 45.5 84.9 33

4 R QU 13.0 49.7 36

5 T QU 14.2 69.9 43

6 T QU 27.8 69.4 26

7 T QU 35.4 97.3 62

8 T QU 13.6 67.1 39

9 T QU 17.1 80.1 46

10 R QU 6.5 53.2 26

11 R - QU 38.4 74.8 16

12 R QU 8.3 50.3 26

13 R QU 132.9 59.3 26

14 T QU 8.9 115.4 39

15 R QU 2.4 33.4 19

16 R QU 23.0 74.9 39

17 T QU 4.1 67.4 46

18 R PG 9.4 62.3 33

19 T FU 9.4 1,322.4 222

20 T PG 19.5 15.1 ó

21 R PU 5.2 102.7 19

22 R PG 11.2 50.7 23

23 T QU 0.6 13.4 26

24 T QU 17.7 -79.7 33

25 T QU 14.2 24.1 39

26 T QU 4.7 48.1 9

27 T MI 41.9 48.7 39

28 T QU 13.0 355.2 89

29 T QU 49.6 51.0 36

30 R QU 11.0 850.6 354

A - 11
Stream Sedlment (R) Geological Cu Zn Pb
Sampie No.
or Soll (T) Index contenc (ppm) Content (ppm) content (ppm)

31 R QU 6.9 34.3 0

32 R QU 5.3 30.6 23

33 R QU 4.7 51.7 69

34 R QU 10.6 34.7 23

35 R QU 8.3 39.9 19

36 R MI .8.3 57.3 23

37 R MI 4.7 34.1 29

38 R MI 6.5 92.9 56

39 R QU 44.9 96.7 29

40 R QU 4.7 2,453.7 1,959


41 T PU 14.8 97.3 56

42 T PU 9.3 64.4 19

43 T QU 10.0 127.6 46

44 T QU 15.9 91.4 36

45 T QU 9.4 2,026.8 172

46 T QU 6.5 761.2 99

47 T MI 226.2 24.6 59

48 R MI 79.7 79.4 36

49 T MI 5.9 27.2 10

50 R MI 27.8 36.2 26

51 R MI 13.0 46.5 19 .

52 R PU • 10.0 27.7 12

53 R MI 8.7 48.2 6

54 R MI 18.0 36.4 6

55 R MI 4.7 71.1 39

56 R MI 5.3 95.8 79

57 R MI 5.2 63.8 16

58 T MI 6.9 432.9 1,188


59 R PU 8.9 50.7 16

60 R MI 5.2 32.7 0

A - 12
Stream Sediment(R) Geological Cu Zn Pb
S ampie No.
or Soil (T) Index contení (ppm) Contení (ppm) contení (ppm)

61 R QU 9.9 60.1 0

62 T QU 18.3 340.3 79

63 T MI 6.5 57.6 43

64 R MI 7.6 53.0 0

65 T MI 17.7 120.1 39

66 T MI 16.5 105.6 33

67 T MI 22.4 142.4 49

68 T MI 46.1 435.8 49

69 T MI 24.2 180.0 26

70 T MI 2.9 40.1 0

71 T MI 26.6 141.5 33

72 R MI 3.5 77.4 46

73 R MI 7.7 56.6 26

74 R MI 6.5 43.5 23

75 T PG . 20.1 68.9 46

76 T MI 20.1 88.2 43

77 T MI 9.9 47.4 0

78 T PG 6 82.4 39

79 T PG 12.4 96.3 36

80 T QU 20.7 96.5 179

81 T QU 39.0 143.9 39

82 T QU 76.2 487.8 62

83 T MD 34.3 135.4 39

84 T QU 38.9 .88.2 43

85 T QU 11.8 331.3 26

86 T QU 27.2 112.9 46

87 T QU 37.2 120.3 36

88 T QU 31.9 104.8 36

89 T QU 22.4 ' 142.0 29

90 R PG 12.4 119.3 16

A - 13
Stream Sediment(R) Geological Cu Zn Pb
S ampie No.
or SoU (T) Index content (ppm) Content (ppm) content (ppm)

91 R MI 15.4 54.5 19

92 R MI 14.2 59.5 19

93 R MI 12.4 51.2 23

94 R MI 3.5 32.1 19

95 R QU 16.5 71.1 23 ,
96 R QU 18.3 69.8 16

97 R QU 14.8 63.5 16

98 R QU 16.5 57.1 29

99 T PU 8.9 122.1 39

100 T FU 153.0 1,477.6 1,083


101 T PU 26.0 310.4 235

102 T PU 4.1 70.9 46

103 T PU 26.0 683.6 66

104 T PU 23.6 411.9 218

105 T PU 49.6 458.2 185

106 T MD 33.7 129.1 39

107 T MD 67.3 83.9 23

108 T MD 33.1 72.1 33

109 T MD 44.3 . 138.5 76

110 R PU 8.3 92.2 39


111 R MD 28.9 94.2 139

112 R MD ■ 66.1 81.7 3

113 R MD 63.8 90.7 13

114 R MD 28.9 81.4 13

115 R MD 22.4 68.8 9

116 T QU 122.2 307.5 152

117 T QU 41.3 111.0 23

118 T MD 142.3 376.1 125

119 T MD 68.5 163.3 112

120 T QU 78.5 141.2 59

A - 14
Stream Sediment (R) Geological Cu Zn Pb
S ampie No.
or Soll (T) Index contení (ppm) Contení (ppm) contení (ppm)

121 T MD 46,7 126.6 46

122 T MI 25.4 136.0 36

123 R MI 115.2 307.5 162

124 T MD 75.0 164.0 66

125 T MD 93.3 79.7 79

126 T MD 88.6 147.0 59


127 T MI 35.4 63.9 36

128 " T MD 13.6 72.1 26

129 T PU. 1.2 72.4 26

130 T FU 5.9 53.3 23

131 T MI 12.9 43.6 8

132 T MD 31.4 87.2 19

133 T PU 2.3 23.6 0

134 T MI 50.3 88.5 58

135 T QU 57.5 80.6 54

136 T MD 18.2 26.8 8

137 T QU 26.3 65.1 50

138 R MD 42.1 101.8 40

139 R QU 10.5 49.3 8

140 R QU 18.2 44.9 4

141 R MI 19.7 53.0 0

142 R QU 13.8 45.6 16

143 R MI 24.9 39.2 0

144 R MI 12.4 ■ 33.3 0

145 R MI 9.1 48.3 8

146 R MI 1.4 19.1 0

147 R MI 1.9 19.4 0

148 R MI 4.3 37.1 0

149 R MI 6.2 22.4 0

150 R MI 2.8 27.2 0

A - 15
Stream Sediment (R) Geologlcal Cu Zn Pb
S ampie No.
or SoU (T) Index contení (ppm) Content (ppm) contení (ppm)

151 R MD 9.1 45.7 16

152 T QU 6.1 46.4 0

153 T QU 20.0 85.0 16

154 T QU 31.2 94.8 10

155 T QU 22.1 77.4 6

156 T QU 10.7 76.7 16

157 T QU 14.8 77.4 6

158 T QU 23.0 67.2 4

159 T QU 32.5 83.8 20

160 T QU 22.0 65.2 0

161 T QU 23.0 59.8 20

162 T MI 18.6 87.8 36

163 R MI 100.6 303.4 ■ 172

164 T MI 65.0 112.7 67

165 T MI 14.8 38.5 0

166 T MI 6.2 34.2 0

167 T PU 11.0 120.7 33

168 T FU 5.8 41.0 26

169 T PU 9.3 65.5 89

170 R QU 12.2 121.8 33

171 R - QU 8.6 38.6 4

172 R QU 8.6 39.7 0

173 R QU 11.9 41.7 12

174 R QU 12.9 45.0 4

175 T MI 10.5 43.2 0

176 R MI 11.0 60.4 0

177 R MI 53.5 142.8 69

178 R MI 14.3 85.4 8

179 R MI 11.0 39.0 4

180 T MI 10.5 41.2 0

A - 16
Stream Sedlment (R) Geologlcal Cu Zn Pb
Sample No.
or Soll (T) Index contení (ppm) Contení (ppm) contení (ppm)

181 R MI 10.0 42.3 8

182 R QU 4.7 40.8 33

183 R QU 4.7 112.7 33

184 T PU 5.2 28.7 125

185 R MI 4.7 42.8 20

186 R MI 8.1 28.9 20

187 T QU 80.0 98.4 50

188 T QU 38.8 78.6 46

189 T QU 13.9 48.9 33

190 T QU 3.3 32.8 16

191 T MI 23.9 71.0 29

192 T MI 3.83 48.8 29

193 T MI 19.6 52.2 21

194 T QU 49.3 114.3 43

195 T MI 14.3 50.4 18

196 R MI 12.9 69.6 36

197 T MI 129.9 7.2 14

198 T MI 12.4 75.1 36

199 T MI 19.7 52.6 36

200 T QU 35.4 82.8 50

201 R MI 28.2 69.0 32

202 R MI 36.9 77.8 50

203 R MI 13.9 51.4 33

204 R QU 18.2 " 46.0 25

205 R MI 9.5 46.3 29

206 R MI 13.4 38.4 25

207 R MI 10.5 53.4 9

208 R MI 11.9 41.7 36

209 R MI 11.9 31.7 29

210 R MI 9.1 69.1 50

A - 17
Stream Sedlment(R) Geological Cu Zn Pb
Sampie No.
or SoU (T) Index content (ppm) Contenc (ppm) content (ppm)

211 R MI 11.5 38.2 18

212 T MI 55.1 34.7 21

213 T MI 31.6 59.4 36

214 R MI 20.1 66.0 29

215 R MI 44.5 117.5 61

216 R MI 12.9 40.3 65

217 R MI 8.1 41.0 29

218 R MI 12.9 38.0 32

219 R MI 21.0 50.5 101

220 R MI 32.1 54.1 32

221 R MI 14.3 53.6 156

222 T PU 10.5 123.8 29 ,


223 T ■ PU 3.5 29.8 43

224 T MD 23.0 305.8 21

225 R QU 57.0 78.7 58

226 R QU 60.8 74.4 43

227 R MD 237.2 123.6 145

228 R MD 161.0 99.8 23

229 R MD 48.2 77.3 43

230 R MD 93.9 77.9 54

231 R MD 111.1 61.0 32

232 R MD • 109.2 99.7 47

233 R MD 150,4 45.7 10

234 T PU 15.8 74.7 47

235 - R PU 5.7 53.3 80

236 R PU 3,8 29.5 72

237 R PU 4.7 62.8 49

238 R PU 31.1 108.2 54

239 R PU 27.3 73.4 43

240 R PG 29.2 42.2 29

A - 18
Stream Sedlment (R) Geological Cu Zn Pb
S ampie No.
or SoU (T> Index contení (ppm) Contení (ppm) contení (ppm)

241 R PU 22.0 54.1 29

242 R FU 13.9 85.3 9

243 R PU 27.3 54.4 32

244 R PU 13.8 42.7 43

245 R PU 15.1 70.8 6

246 T PU 11.5 18.8 43

247 T PU 17.2 20.3 47

248 T PU • 13.4 60.0 65

249 T PU 12.4 62.8 69

250 T PU 17.7 73.3 65

251 T PU 43.1 110.1 61

252 T PU 86.7 100.9 72

253 . R PU 24.4 107.6 32

254 R PU 14.3 56.6 40

255 T PU 29.2 706.3 592

256 T PU 29.7 111.5 80

257 T PU 21.0 56.1 43

258 T PG 55.1 269.4 116

259 T MD 237.6 62.6 29

260 T PU 18.2 74.2 65

261 R PU 17.2 218.4 65

262 T PU 15.3 62.4 14

263 T PU 18.2 52.2 18

264 T PU 18.2 - 79.8 36

265 T PU 18.6 496.9 72

266 T PU 14,8 31.2 25

267 T PU 19.6 44.5 62

268 R PU 60.3 92.9 54

269 T PU 9.1 63.0 83

270 T P.U 20.1 61.3 25

A - 19
Stream Sedlment (R) Geologlcal Cu Zn Pb
S ampie No.
or Solí (T) Index content (ppm) Content (ppm) content (ppm)

271 T PU 17.7 57.5 83

272 R PU 28.2 194.1 94


273 R PU 5.2 32.9 61
274 R PU 4.1 49.9 46
275 R PU 27,7 98.8 58
276 R PU 31.1 102.0 83

277 R QU 11.9 67.7 21

278 R QU 13.8 35.9 21

279 R QU 24.9 ' ■57.0 29


280 R QU 12.2 49.8 6
281 R MI 8.9 46.4 10

282 R MI 7.6 46.0 10

283 R MI 6.3 42.2 3

284 R MI 0.0 82.5 12

285 R MI 1.9 100.9 6


286 T PU 9.9 341.5 19
287 T PU 20.4 1,802,9 559
288 T PU 0.0 26.3 0
289 T PU 7.6 131.9 0
290 T PU 8.2 87.4 0
291 T MD 0.6 15.0 0

292 T PU • 9.5 324.4 36


293 T MI 23.6 88.0 18

294 R MI 3.8 23.4 0

295 R MI 3.8 17.6 0

296 R MI 3.1 18.7 0


297 R MI 5.1 35.3 29

298 T MD 14.6 39.5 6


299 T MD 11.4 125.8 10
300 R MD 0.0 17.4 0

A - 20
Stream Sedlment (R) Geological Cu Zn Pb
S ampie No.
co or Solí (T) Index concent (ppm) Content (ppm) content (ppm)
co
O
301 R MD 3.5 22.7 0

302 T PU 43.4 335.2 120

303 T PU 7.0 197.0 51

304 T PU 3.1 64.4 36

305 T PU 2.5 28.8 47

306 T PU 4.4 90.0 7

307 T PU 7.6 72.7 10

308 T PU 4.4 61.7 87

309 T PU 7.6 33.0 3

310 T PU 2.5 21.5 7

311 T PU 15.9 94.7 21

312 T PU 9.5 42.5 32

313 T PU 10.2 99.2 ■18

314 R PU 5.1 110.1 54

315 T QU 3.8 35.2 0

316 T QU 22.3 79.0 7

317 R QU 24.8 81.7 14

318 T QU 22.9 87.6 14

319 T QU 34.4 238.2 40

320 T QU 14.0 99.6 36


321 T QU 21.0 76.0 32

322 T QU 19.0 79.2 3

323 T QU 17.8 62.3 29


324 R QU 10.8 " 45.0 7

325 R QU 7.0 40.6 0


326 R QU 15.9 61.5 0
327 R QU 16.5 57.1 10
328 R QU 13.4 59.0 10

329 R QU 12.7 46.8 7

T MD 261.0 80.6 62

A - 21
Stream Sedlment (R) Geologlcal Cu 2n Pb
S ampie No.
or SoU (T) Index contení (ppm) Contenc (ppm) contení (ppm)

331 T MD 24.4 49.5 14

332 T MD 146.0 89.5 47

333 R MD 22.7 132.2 40


334 T MD 22.1 54.2 14

335 T MD 46.0 54.6 14

336 T MD 78-.4 77.3 40


337 T MD 47.1 38.8 10

338 T MD 67.6 79.8 32


339 T MD 70.4 86.8 69
340 T MD 184.6 488.2 830
341 T MD 36.3 61.7 36
342 T MD 190.3 135.7 179

343 T MD 126.7 50.1 43

344 T MD 46.5 47.1 47

345 T MI 39.2 91.5 62


346 T MD 3.9 10.1 36
347 R MD 83.1 707.3 125
348 R MI 15.9 147.7 673
349 T pu 16.4 38.7 80
350 T MI 32.9 55.8 69
351 T PU 109.0 1,764.7 1,020
352 T PU ^ ' 25.0 113.1 21

353 T PU ■' 167.6 131.9 29


354 T PU 140.9 485.2 201

355 T MI 222.7 55.7 14


356 T PU 50.0 57.6 0

357 T PU . 55.7 98.4 43

358 T PU 23.3 54.2 14


359 R PU 22.7 141.8 33
360 R PU 56.8 40.4 25

A - 22
Stream Sedlment (R) Geological Cu Zn Pb
S ampie No.
or Solí (T) Index content (ppm) Contenc (ppm) content (ppm)

361 R PU 40.7 47.9 3

362 R PU 176.7 69.6 43

363 T PU • 28.9 93.9 47

364 T PU ■ 178.9 52.2 21

365 T MD 320.4 69.8 21

366 T MD 26.1 66.0 58

367 R PU 251.7 76.1 43

368 T MI 1.7 46.8 36


369 T MD 30.6 95.0 69
370 T MD 59.6 103.4 84

371 T MI 14.7 117.6 40

372 T MI 19.3 91.2 29

373 T PG 6.2 34.9 10


374 T PG 34.6 125.8 51

375 T PG 23.8 87.6 29

376 T QU 14.7 64.2 32

377 T PG 27.2 91.2 32

378 T QU 8.5 51.4 29

379 T PG 36.3 98.7 58

380 R QU 10.2 61.1 32


381 R QU 8,7 59.1 21

382 R QU 9.8 60.1 21

383 T MD 10.3 58,2 18

384 T MD 5.4 - 21.9 14

385 T MD 12.0 29.8 18

386 T PU ■ 5.4 104.9 36


387 T MD 23.4 26.0 36

388 T MD 9.3 17.8 13

389 T MD 17.4 48.8 43

390 T MD 16.9 79.3 47

A - 23
Stream Sediment (R) Geological Cu Zn Pb
S ampie No.
or Solí (T) Index contení (ppm) Contení (ppm) contení (ppm)

391 T MD 19.6 28.8 7

392 T MD 10.3 50.7 14

393 T MD 2.7 50.1 18

394 T MD 24.0 97.7 36

395 T MD 27.8 60.9 10

396 T MD ■20.7 145.5 62

397 T MD 49.7 92.5 157

398 R MD 18.0 75.8 16

399 R MD 15.3 42.5 25

400 R QU 14.2 63,4 .43

401 R MD 13.4 63.6 18

402 T PG 32.7 86.5 43

403 T PG ■ 20.7 76.1 32

404 T PG 13.6 65.5 43

405 T PG 18.5 71.1 43


) 406 T PG 13.6 89.6 36

407 T MI 28.4 93.4 39

408 T QU 19.6 89.0 51

409 T QU 57.3 100.6 51

410 T QU 19.7 83.9 51

411 R PG 15.3 67.9 40

412 R MI 8.7 45.4 9

A - 24
D
CUADRO COMPARATIVO DE PRODUCCION

AL 30 DE SETIEMBRE DE 1993

PROYECTADO(MINERO PERU)- EXPLOTADO

BANCO DESCRIPCION UNIDAD PROYECTADO EJECUTADO DIFERENCIA % , ■'

+0.65 %CuT TM 1,349,830 1,537,346 187,516 113.9%


3995 %CuT 2.177 2.201 0.024 101.1%
SBL TM 193:9T1 191,606- (2,305) 98.8%
%CuT 0.491 0.503 0.012 102.4%
a

+0.65 % CuT TM 1,244.418 1,476,584 232,166 118.7%


3985 %CuT 2.395 2.149 (0.246) 89.7% 1 ,N •

SBL TM 381,096 159,616 (221,480) 41.9%


%CuT 0.505 0.508 0.003 100.6%
+0.65 % CuT TM 1,315,385 1,329,077 13,692 101.0%
3975 %CuT 2.969 1.991 (0.978) 67.1% .I"'"'
SBL TM 192,607 331,645 139,038 172.2%
%CuT 0.505 0.553 0.048 109.5%
+0.65 % CuT TM 1,217,825 1,185,422- (32,403) 97.3%
3965 %CuT 2.596 2.041 (0.555) 78.6%
SBL TM 176,280 145,434 (30,846) 82.5%
%CuT 0.414 0.562 0.148 135.7%
+0.65% CuT TM 1,014,578 1,115,222 100,644 109.9%
3955 %CuT 2.070 2.068 (0.002) 99.9%
SBL TM 175,135 88,234 (86,901) 50.4%
%CuT- 0.392 0.604 0.212 154.1%
+0.65% CuT TM • 914,495 1,045,389 130,894 , 114.3%
3945 %CuT 1.793 1.925 0.132 107;4%

SBL ■ TM 164,752 74,328 (90,424) 45.1%


__%CuT 0.432 n Fi.'í4 0,102. 123,6%.


+0.65% CuT TM 765,581 826,140 60,559 107.9%
3935 %CuT 1.994 1.945 (0.049) 97.5%
.

SBL TM 83,249 135,062 51,813 162.2% •

%CuT 0.510 0.581 0.071 113.9%


+0.65 % CuT TM 624,317 - 671,567 47,250 107.6%
3925 %CuT 1.930 2.079 0.149 107.7%
SBL TM 9,771 102,501 92,730 1049.0%
%CuT 0.438 0.587 0.149 134.0%
+0.65% CuT TM . 43,139 157,404 114,265 364.9% ■

3915 %CuT 1.228 1.589 0.361 129.4%


SBL TM 25,427 4,933 (20,494) 19.4%
%CuT 0.557 0.552 (0.005) 99.1%
+0.65 % CuT TM 8,489,568 9,344,151 3,277,553 110.1%
SUB-TOTAL %CuT 2.298 2.054 (0.024) 89.4%
i

SBL TM 1,402.228 1,233,359 (1,467,495) 88.0%


%CuT 0.470 0.549 0.034 116.9%

A?^tt
+0.65% CuT TM 17,423,329 20,700,882 (4,194,622) 118.8%
TOTAL %CuT 2.255 2.088 0.048 92.6%
SBL TM 3,280,100 1,812,605 8,618,724 55.3%
%CuT 0.486 0.553 (0.032) 113.7%

GRAN TOTAL TM 20,703,429 22,513,487 1,810,058 108.7%


%CuT , 1.975 1.964 (0.072) 99.5%

A - ~ c*-»-
— ■«_ o ^ —P /^íUñó. ■A\/isL^ o
<p' 1

CUADRO COMPARAUVO dePRODUCCION

AL 30 DE SETIEMBRE DE 1993

BANCO DESCRIPCIO^ UNIDAC PROYEGTADC3 EJECUTADO


DIFERENCIA %

+0.65 % CuT TM
0 0.0%
4105 %CuT
0 00%
SBL TM 36,689 (36,689 0.0%
%CuT 0.594 (0.594
+0.65 % CuT TM 71,284 10,954 (60,330 15.4%
4095 %CuT 1.485 2.599 1.114 175.0%
SEL. TM 12,400 (12,400) 0.0%
%CuT 0 (0.376) 0 0%
+0.65 % CuT TM 296.567 145,683 . (150,884) 49.1%
4085 %CuT 1.191 2.055 0.864 172 5%
SBL TM 190,338 3,608 (186,730) 1.9%
%CuT 0.393 0.452 0.059
+0.65 % CuT TM 458,693 544,845 86,152 118.8%
4075' %CuT 1.568 1.873 0.305- 1-19.5%
SBL TM 58,491 25,339 ■ (33,152) .43.3%
%CuT 0.452 0.437 (0.015) 96 7%
+0.65% CuT TM 822,962 ■ 1.394,123 571,161 169.4%
4065 %CuT 1.721 2.042 0.321 118.7%
SBL TM 193,640 69,042 ■ (124,598) 35;7%
-

%CuT 0.464 0.617 • 0.153


+0.65 % CuT TM 1.009,603 • 1,561,494 • .551".891 - 154,7%
4055 %CuT 2.118 2.051 ■■ (0.067) 96.8%
SBL— - TM 258,627 :_66,418- (192:209) 25.7%
%CuT 0.518 0.593 0.075 114 5%
+0.65 % CuT TM 1,060,618 1,568,427 507,809 147.9%
4045 %CuT ; 2.302 2.185 " (0.117) ■ 94 9%
SBL TM 301,367 601254 (241,113) 20.0%
%CuT 0.538 0.565 0.027 105 0%
+0.65% CuT TM 993,745 1,544,690 550,945 155.4%
4035 %CuT 1.992 2.185 0.193 109 7%
SBL TM 181,885 59,260 (122.625) 32.6%
%CuT 0.566 0.550 (0.016)
f0.65 % CuT TM 1.313.777 1.488,328 174,551' 113.3%
4025 ' %CuT 2.308 2.126 (0.182) 92.1%
SBL TM 182,943 90,613 (92,330) 49.5%
%CuT 0.463 0.552 0.089 119 2%
hO.65 % CuT TM 1,344,776 1.542,779 198,003 114.7%
4015 %CuT 2.565 2.123 (0.442) 82.8%
;bl TM 269,699 97,948 (171,751) 36.3%
%CüT 0.526 0.560 0.034 106 5%
H-0.65% CuT TM 1,561,736 1,555.408 (6,328) 99.6%
4005 %CuT 2.655 2.178 (0.477) , 82.0%
S BL TM 191,793 106,764 (85,029) 55.7%
%CuT 0.484 0.549 0.065 113.4%
0.65 % CuT TM 8,933,761 11,356.731 2,422.970 127.1%
SUB-TOTAL %CuT 2.214 2.116 (0.099) 95.5%
SBL TM 1,877,872 579.246 (1,298.626) 30.8%
%CuT 0.498 0.561 0.062 112.5%

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