Drilling

In total 2,818 m were drilled in 20 holes. Eight of these holes were successful in identifying a zone of gold-silver mineralization at the Silon zone, which is open for further expansion in three directions. This zone is delineated over a strike length of 200 m and a dip length of 70 m at present. The significant mineralized intervals previously reported from the Silon zone are as follows:

Drill HoleInterval (metres)Length (metres)Gold Grade (g/t)
DDH-AC-132.00 – 56.00
64.00 – 66.18
24.00
2.18
1.12
1.00
DDH-AC-23.60 – 20.0016.401.02
DDH-
AC – 3
2.60 – 18.0015.401.27
DDH-AC-63.00 – 13.00
40.00 – 63.00
10.00
23.00
1.50
0.65
DDH-
AC-12
0.00 – 27.00
95.00 – 105.00
27.00
10.00
0.80
0.70
AC-
DD-15
28.50 – 42.00
132.50 – 157.70
15.50
25.20
1.31
0.61
AC-
DD-17
53.23 – 57.504.270.62
AC-
DD-18
6.00 – 14.00
41.45 – 45.80
8.00
4.35
0.87
1.80

Table 10: Aguas Calientes significant drill hole results.