Las Tinajas Gold Project - Chile

Contact Information

Sergio Alvarado
P.Geo-QP
salvarado@geoinvestment.cl
+56 9 7750 9419

Igor Collado
P.Geo-MScBA-QP
igor.collado@gmail.com
+56 9 9979 1340

Generalities

 Location: The prospect is in Chile, 135 km northeast of the city of Copiapó, and 40 km southeast of El Salvador
city. Access is by route C-177, accessible in good conditions.
 Mining Property: Operating property (measure) since 1982. LAS TINAJAS 1/520 (2600 ha).
 Owner: The Project is 100% controlled by Chilean private individuals. Alvarado with support from Collado is
represented.
 Previous Works: Since1983 there have been different exploration campaigns in the area, mainly by Sierra
Morena Company and Minera El Bronce Company, along with several technical visits from different mining
exploration companies.

Geology and Mineralization

 According to the already obtained geological information regarding mineralization, alteration, structure and
lithology, this deposit presents typical geological characteristics of a DRILLHOLES RESULTS - LAS TINAJAS PROJECT

Porphyry-type hydrothermal system, mainly gold type, as well as some ID Hole Min. Zone
From
To (m)
Interval Au (g/t) Ag (g/t)
(m) (m) average average
features of high-sulphuration epithermal type (Au-Ag). The system is Oxidized 0 24 24 0,54 1,57

associated to a group of hypabyssal dacitic and aplitic intrusive, located DT-1 Primary 24 100 76 0,64 1,56
Best Au g/t 39 60 21 1,03 2,04
in the central part of a hydrothermal breccia body of regional Oxidized 0 23 23 0,43 1,61
Primary 23 177 154 0,49 1,91
dimensions.Hydrothermal system with disseminated mineralization and DT-2
Best Au g/t 96 149 53 0,76 2,39
in pyrite-sphalerite veins controlled by dacite and aplitic dikes, Best Au g/t 119 127 8 1,43 3,76
Oxidized 0 54 54 0,29 1,58
including some alteration mainly of quartz-syrite. DT-3 Primary 54 130 76 0,33 2,38
Best Au g/t 89 91 2 1,5 2,6

 The project was discovered through geochemistry, by some results of DT-4

Oxidized
Primary
0
50
50
200
50
150
0,18
0,57
1,48
1,68
trenches with intersections of more than 75 m in length with 2.05 Best Au g/t 117 200 83 0,9 1,9
Oxidized 0 48 48 0,18 0,97
g/t Au, others of 30m with 3.35 g/t Au and 18m with 5.74 g/t Au. DT-5 Primary 48 120 72 0,28 0,95
Best Au g/t 89 93 4 0,95 1,13

 Seven short RC bore holes were carried out, with a total of 1027m. The Oxidized
Primary
0
40
40
200
40
160
0,34
0,73
1,06
1,51
results show average low gold grade intersections, where gold grades DT-6
Best Au g/t 91 92 1 18,4 9,3
Best Au g/t 88 94 6 3,68 3,27
in general are higher in the primary sulphide zone, with low gold Best Au g/t 109 116 7 1,48 1,8
enrichment in the oxidised zone. A total of 722m metres were Best Au g/t 157 192 35 1,31 2,51
Oxidized 0 21 21 0,44 1,13
drilled, averaging 0.61 g/t Au and 1.83 g/t Ag.  DT-7 Primary 21 100 79 0,89 2,06
Best Au g/t 28 62 34 1,27 3,46

 The result of the drillings shows the possibility of a large TOTAL DRILLHOLES (Weighted) 1027 0,51 1,62

disseminated gold body.

 The Project is located in Maricunga’s NS Belt. And also located in the centre of the NW Structural Belt, connecting
to the west with El Hueso, Agua de la Falda, Potrerillos, and to the east with Chimberos and other projects .

Some Aspects of the District-Regional Geology

Examples of Nearby Deposits

 San Antonio: PCu-Mo. Óxidos Cu. Codelco.

 Quispe: PCu-Au. Altura Minerals
 Nazú: Pcu-Mo. Nittetsu Mining Co. Ltd.
 Esperanza (Nueva Esperanza): High-S. Au-Ag.
Kingsgate Consolidated Ltd. (0,25 gtAu y 78 gtAg)
 Chimberos: High-S. Au-Ag. Minera Samex. 4,8 Moz (305 gt Ag).
 Caracha Pampa: High-S. Au-Ag. Condor Blanco Mine
 La Isla: High-S. Au-Ag. Condor Blanco Mine
 La Falda: PCu-Au. Catalina Resources
 Fresa: PCu-Mo. Pan Pacific Copper Co Ltd.
 Volcán, 6.6 Moz Au
 Lobo - Marte (12 Ma), 6.02 Moz Au
 Mina Maricunga (22.2-‐22.38 Ma), 6 Moz Au
 Caspiche (24 Ma), 19.3 Moz Au & 4.6 Blbs Cu
 Cerro Casale (13.9 Ma), 23 Moz Au and 3.78 Blbs Cu
 El Morro 6.1 Moz Au and 8.4 Blbs Cu
Las Tinajas Geology

CAPTIONS
 LAS TINAJAS PROJECT - CLAY
471500 472000 472500 473000

7063500
7063000
7062500
7062000
7061500
Source: Esri, DigitalGlobe, GeoEye, Earthstar Geographics, CNES/Airbus DS, USDA, USGS,
AeroGRID, IGN, and the GIS User Community

471500 472000 472500 473000

g/t Au