An updated resource model for the Guadalupe De Los Reyes project was prepared by Tetra Tech, Inc. of Golden, Colorado. The mineral resource estimate has an effective date of February 8, 2013 and is presented in a NI 43-101 technical report amended and restated April 16, 2018.
Indicated & Inferred Resources at a Cut-off Grade of 0.50 g/t Au
Deposit | Indicated | ||||
---|---|---|---|---|---|
Tonnes kt |
Au oz |
Au g/t |
Ag oz |
Ag g/t |
|
El Zapote | 3,980 | 206,000 | 1.61 | 34,600 | 16.52 |
Noche Buena | 937 | 39,700 | 1.32 | 497,400 | 16.52 |
San Miguel - Chiripa | 459 | 47,100 | 3.19 | 1,141,800 | 77.37 |
Guadalupe | 1,520 | 86,300 | 1.76 | 2,601,800 | 52.51 |
Total Indicated | 6,843 | 380,100 | 1.73 | 6,315,300 | 28.71 |
Deposit | Inferred | ||||
Tonnes kt |
Au oz |
Au g/t |
Ag oz |
Ag g/t |
|
El Zapote | 1,127 | 44,800 | 1.25 | 428,600 | 11.82 |
Noche Buena | 480 | 17,400 | 1.13 | 275,000 | 17.80 |
San Miguel - Chiripa | 583 | 41,500 | 2.21 | 1,215,000 | 64.75 |
Guadalupe | 1,054 | 51,600 | 1.52 | 1,720,500 | 50.75 |
Total Inferred | 3,200 | 155,200 | 1.49 | 3,639,000 | 34.87 |
Notes:
1. The effective date of the mineral resource estimate is February 8, 2013.
2. Details of the mineral resource estimate are provided in the Company’s press release dated June 18, 2018.
3. Mineral resources that are not mineral reserves do not have demonstrated economic viability.