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BARYS RESOURCES LIMITED Capital/Financing Update 2013

Oct 3, 2013

64567_rns_2013-10-03_f3bcedb1-2d15-445d-85a7-2a7b04c8923c.pdf

Capital/Financing Update

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ASX ANNOUNCEMENT

EL ROBLE UNDERGROUND SAMPLING CONFIRMS HIGH GRADE COPPER MINERALISATION

4 OCTOBER 2013

Highlights

  • Further underground and stockpile sampling at El Roble, Chile, confirms ultra-high grade copper mineralisation along strike and down dip, including:

  • Stockpile sampling from ore mined from ore drive floor grading up to 29.02% Cu and 2.78g/t Au and 14.62% Cu and 2.00g/t

  • 0.7m @ 11.19% Cu and 0.13g/t Au (channel APCH00057)

  • 1.60m @ 5.76% Cu and 0.77g/t Au (channel APCH00020)

  • 3.20m @ 4.61% Cu and 0.22g/t Au including 1.00m @ 11.09% Cu and 0.58g/t Au (channel APCH00048)

  • 1.10m @ 4.37% Cu and 0.70 g/t Au

  • Vein continuity and grade below surface confirmed

  • Surface mapping confirms vein widths up to 12m

  • Mineralised veins also contain significant amounts of iron, cobalt and molybdenum

  • Ruben Godoy, former team leader of IOCG and porphyry exploration team for BHP in Chile and Columbia, appointed as Mining Group’s Chilean in country exploration manager and now on site leading exploration programme

Mining Group Limited (ASX: MNE) is pleased to announce that further mapping and sampling results have confirmed the presence of high grade copper mineralisation within IOCG style veins at the El Roble project in Chile, over which Mining Group has entered into an option to acquire.

Commenting on the new results, Mining Group Managing Director Zeffron Reeves said: “Given how long we have been on the ground at El Roble and the very small area we have looked at, these results are exceptional. They provide us with further evidence that the mapped vein system at El Roble is well mineralised below surface and highly continuous along strike.

“Importantly, and what really excites us about the substantial potential of this project, is that the adits (tunnels) we have accessed so far only cover a very small strike length on three separate veins which are all well mineralised. These adits have been developed by attempting to follow the vein sets, without the benefit of any sampling, drilling or systematic exploration.

Mineralisation, although continuous, occurs as lenses in pinch and swell style, strike extensive vein systems, with mapped widths varying from 10cm to over 12m. Having been developed from surface the bulk of the mapped adits have been installed in visibly leached rock (depleted in copper by weathering) with only the main operating faces at Descubridora and Veta Gruesa, and the thin lens at False Estaca having reached high grade unleached material. Current workings at Descubridora and Veta Gruesa have only just encountered the main high grade ore shoots which are now exposed in the floor (stockpile sampling).

==> picture [595 x 16] intentionally omitted <==

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Results indicate that along strike and down dip of the currently operating areas, potential sources of high grade ore exist that may support a small scale mining operation, however further work is required.

The Descubridora vein ore is currently being extracted from the south western end of the adit and being shipped as direct smelter ore (grading >9% Cu). The current workings have only recently encountered the main oreshoot in the southwest of the mine and the high grade zone is well exposed in the floor and has narrowed in the backs. High grade ore sampled from the stockpiles has been sourced from the floor. So the potential from this vein is very promising. The vein has been mapped continuously along strike for over 3.5km.

The False Estaca vein varies in width from less than 10cm to just over 1m, but is well mineralised along the entire strike length of 80m. Overall sampling indicates the high grade lens within the False Estaca Vein has an average grade of 6.13% Cu and 0.44g/t Au with an average thickness of 0.50m (using a 1% copper cut-off) and is open to the east and down dip.

The Veta Guesa vein has been mapped and sampled within numerous adits, indicating mineralisation occurs over at least a 400 metres strike length (see Figure 6). The entire structure has been mapped on surface over 3km along strike. Best results from Veta Gruesa include 1.60m @ 5.76% Cu and 0.77g/t Au and 1.50m @ 3.64% Cu and 0.27g/t Au.

Mr Reeves commented: “There are more than five mine areas we still need to assess which are easily accessible at El Roble. This affords us low cost and timely exploration data whilst preparing for the drilling of further prospective targets along strike and down dip.

“We are now getting a better picture of the substantial potential at El Roble and these results indicate that the underground areas may have the potential for us to generate small scale production in the near to medium term. At Descubridora and Veta Gruesa, the tops of the main ore bodies have only just been encountered with the adits so they are looking really interesting and the outstanding grade of the ore stockpiles demonstrates the potential.

“We are also delighted with the appointment of Ruben Godoy as Mining Group’s Chilean in-country exploration manager. As the former team leader of IOCG and porphyry project generation for BHP in Chile and Columbia, he has extensive experience working in the region on similar style deposits including having been Chief Geologist at the Candelaria Project, one of the world’s premier IOCG deposits approximately 100 kilometres south of El Roble.

“We still have a lot of work to do before we make the decision to enter into production. However, given the project’s proximity to two toll treatment plants, the exceptionally high grades, and the already opened underground areas providing almost immediate sources of ore, things are looking positive. We know that the mineralisation extends well below the surface and our goal now is to find the wider zones by using mapping, geophysics and drilling” added Mr Reeves.

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==> picture [473 x 357] intentionally omitted <==

Figure 1- El Roble Project area and regional geology. Yellow box delineates approximate position of map in Figure 3. Dotted red trend line depicts interpreted mineralising trend continuing under sand cover.

Stockpile Sampling

Mining Group has undertaken grade control sampling at the Descubridora and Veta Gruesa small scale mining operations in order to ascertain the grade and volumes of material being shipped to the nearby toll treatment plants and also to assist in the assessment of these areas for future mining by the Company.

At total of 5 samples were taken from various stockpiles, 4 from Descuburidora and 1 from Veta Gruesa. The stockpiles sampled at Descubridora were from ore mined directly from the ore drive floor as the drive intersects the top of a high grade oreshoot. Table 1 presents results from this sampling and estimated tonnage of each stockpile.

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SampleID Sample
Weight
(kg)
**Type ** Mine Cu % Au
**ppm **
Co
**ppm **
Fe % Mo
**ppm **
description
1009818 6.81 Stockpile Descubridora 9.58 1.97 950 18.90 190 quartz,chalcocite and limonite
1009819 6.19 Stockpile Descubridora 29.02 2.78 180 20.60 200 chalcocite/hematite
1009820 6.56 Stockpile Descubridora 14.62 2.00 890 20.90 210 chalcocite
1009821 6.68 Stockpile Descubridora 6.20 1.50 1070 20.30 170 leach ore stockpile
1009825 6.03 Stockpile Veta Gruesa 3.18 0.59 1170 29.00 1200 limonite,chalcocite and Cu oxides

Table 1 – Grab sampling results from ore mined from the floor of the Descubridora mine (samples 10098181009821) and Veta Gruesa mine (Sample 1009825) at the El Roble Project. Details on assay and sampling methodology presented in Appendix 2.

==> picture [401 x 301] intentionally omitted <==

Figure 2 – Descubridora Mine high grade stockpile sourced from mining of ore drive floor– Sample 100819 - 29.02% Cu and 2.78g/t Au

Underground mapping and sampling

Mining Group has begun to undertake systematic assessment of all accessible underground adits and workings across the El Roble project area. There is somewhere between 15 and 30 accessible underground adits across the property occurring over a 5km strike length, as well as 5 significant historic underground mines. These adits and mines have exploited copper bearing IOCG style veins with 9 strike extensive structures having been identified and numerous secondary structures having also been exploited on a small scale.

A majority of historic exploitation has occurred from surface to no more than 50m depth, and no commercial mining activity has taken place since the early 1900s. In the coming weeks Mining Group will continue to locate, survey, map and sample as many underground areas as possible to determine the best possible area to commence a small scale mining operation, utilising the local toll treatment plants for ore processing.

The first three areas the company has assessed are the currently active mines on the Descobridora and Veta Gruesa veins, and an abandoned adit on the False Estaca vein. The False Estaca vein is a secondary vein that

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branches off a major vein that has historically been exploited to over 300m depth demonstrating down dip continuity (see Figure 3).

Work carried out by Mining Group included detailed lithological, alteration and structural mapping of each adit. Detailed three dimensional surveying of the adits, overlying topography and sample locations, and across strike systematic channel sampling across the backs (roof) of the adits. Channels were located at approximately 10m spacing along strike with samples taken continuously within geological units and a total of 183 samples were taken.

==> picture [407 x 312] intentionally omitted <==

Figure 3 – Surface geology and location of the three underground adit systems mapped and sampled – Descubridora, Dalse Estaca and Veta Gruesa. Yellow circles delineate approximate position of underground areas that have been mapped, sampled and surveyed to date.

The average grade for all samples was 0.85% Cu, 0.17g/t Au, 807 ppm Co, 10.32% Fe and 212 ppm Mo from a total of 183 samples taken, with wallrock commonly mineralised between 0.50% and 1.00% Cu. A table of significant intercepts is presented in Table 1 below, and all assay results are presented in Appendix 2, with information on sampling and assaying methodology outlined in Appendix 2. Importantly channel sampling was taken across the backs of the drives and in all likelihood, given the dip of the orebody, did not represent the best sections of the ore that has been mined.

Descubridora

The Descubridora vein is currently being worked on a small scale by the current owner of the project. Underground workings consist of airleg drives approximately 3m wide and 3m high, installed along the strike of the mineralised vein and cover approximately 80m of strike length. In the north eastern end of the adit the vein pinches to approximately 10cm in width and at the south western end of the workings the vein has widened to over 3m of width exposed in the floor of the adit (see Figure 4). A diorite dyke crosscuts the vein within the mine workings.

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The vein is striking NE-SW and dips steeply (>80°) to the NW and has now been mapped on surface by Mining Group geologists over a strike length of 3.5km.

Sampling from ore mined from the floor of this adit has retuned high grade results of 29.02% Cu and 2.78g/t Au and 14.62% Cu at 2.00g/t. Best results returned from channel sampling in the southwest part of the adit include: 3.20m @ 4.61% Cu/ 0.22g/t Au, including 1.00m @11.09% Cu and 0.58g/t Au and 2.40m @ 3.86% Cu and 2.37g/t Au. It should be noted that these samples were taken from the backs (roof) where the high grade ore shoot is narrowed.

Geological mapping indicates that the vein is continuing to widen to the southwest and down dip with high grade ore exposed in the floor of the adit across the entire width of 3m. Wall rock alteration adjacent to the high grade vein is also well mineralised with all samples from the Descubridora mine averaging 1.44% Cu and 0.24g/t Au from 37 samples.

==> picture [429 x 355] intentionally omitted <==

Figure 4 – Left, Plan view of surveyed underground adits at the Descubridora vein showing mapped geology and channel sample locations and grades for copper and gold. Red circle indicates location of main high grade ore shoot being mined from the ore drive floor

False Estaca

The False Estaca vein is interpreted to be a secondary E-W trending splay structure propagating off the main Estaca vein. The installed (now abandoned) along strike adit is approximately 330 metres south of the Descubridora workings and follows the False Estaca vein over 80 metres along strike. The vein strikes E-W and dips moderately (approximately 65°) to the north.

Best results of 0.70m @ 11.19% Cu and 1.41g/t Au and 1.30m @ 6.01% Cu and 0.15g/t Au.

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A strongly mineralised alteration halo also exists around the high grade mineralisation and the average grade of all samples taken from the False Estaca Vein being 2.03% Cu and 0.33g/t Au from 21 samples.

==> picture [400 x 259] intentionally omitted <==

Figure 5 – Left- Plan view of surveyed underground adits at the False Estaca vein showing mapped geology and channel sample locations and grades for copper and gold.

Veta Gruesa

Within Adit 4, a high grade lens has been intercepted by the current underground workings and direct smelter ore (>9% grading) is being extracted. The Veta Gruesa vein dips approximately 70° towards the north and ranges in thickness from 0.50 metres to over 4 metres.

The wall rock alteration was also well mineralised with the average grade being 0.57% Cu and 0.13g/t Au from a total of 139 samples collected.

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==> picture [429 x 269] intentionally omitted <==

Figure 6– Location map of Veta Gruesa underground adits occurring over 400m strike length. VG Adit 4 is shown in Figure 6.

==> picture [379 x 291] intentionally omitted <==

Figure 7– Left, Plan view of surveyed underground adit 4 at the Veta Gruesa vein showing mapped backs (roof) geology and channel sample locations and grades for copper and gold. Red circle indicates location of main high grade ore shoot with arrow indicating direction of mining , main ore shoot is exposed in the floor the full width of the drive. Sample 1009825 – 3.18% Cu, 0.59g/t Au was taken from blasted rock from the floor in this area.

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High grade copper mineralisation confirmed with the potential for small scale mining

Underground sampling has been carried out in 3 of more than 7 small scale underground adit systems identified on the project area have confirmed the presence of high grade copper mineralisation with the potential for small scale mining.

Results indicate that along strike and down dip of the currently operating areas, potential sources of high grade ore exist that may support a small scale mining operation, however further work is required.

For further information please contact: Zeffron Reeves Managing Director [email protected] P: + 61 8 9322 6424

Investors

Ronn Bechler Market Eye [email protected] P: +61-400 009 774

About Mining Group Limited

Mining Group Limited (ASX: MNE) is an ASX listed, Australian based exploration company established to explore, evaluate and acquire commercially significant resource projects in Australia and overseas.

Mining Group seeks to develop the Comval Copper Gold Project in the Philippines and near term production at the Chilean copper project El Roble. Further, it continues to evaluate the prospective Western Australian based Boorara, Teutonic and Lake Christopher Projects.

Mining Group has a strong Board and management team with considerable technical, commercial and corporate experience in the resources sector.

For more information visit the Mining Group website at www.mininggroup.net.au

The information in this report that relates to Exploration Results is based on information compiled by Mr Zeffron Reeves (B App Sc (Hons) (Applied Geology) MBA, MAIG), a member of the Australian Institute of Geoscientists and is an employee of the Company. Mr Reeves has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Reeves consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

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Channel_ID ADIT Vein EAST NORTH RL From
(m)
To
(m)
Interval Cu% Au
**ppm **
Co
**ppm **
Fe
%
Mo
**ppm **
APCH00009 ADIT-1 Veta Gruesa 344417.80 7007070.04 931.61 1.10 2.10 1.00 1.97 0.22 240 32.50 790
APCH00014 ADIT-1 Veta Gruesa 344410.96 7007065.23 930.48 1.20 2.80 1.60 1.83 0.25 1140 32.30 350
APCH00013 ADIT-1 Veta Gruesa 344390.36 7007083.75 925.17 0.60 1.00 0.40 1.73 0.54 490 32.70 890
APCH00012 ADIT-1 Veta Gruesa 344393.55 7007083.15 929.41 0.80 1.20 0.40 1.63 0.44 320 41.90 420
APCH00007 ADIT-1 Veta Gruesa 344429.28 7007072.61 935.12 0.00 3.30 3.30 1.58 0.07 286 20.10 151
APCH00008 ADIT-1 Veta Gruesa 344418.68 7007076.89 935.29 1.20 1.60 0.40 1.17 0.21 190 23.50 320
APCH00006 ADIT-1 Veta Gruesa 344433.45 7007076.20 935.60 NSI
APCH00010 ADIT-1 Veta Gruesa 344408.64 7007082.62 931.01 NSI
APCH00011 ADIT-1 Veta Gruesa 344402.67 7007086.11 929.52 NSI
APCH00015 ADIT-1 Veta Gruesa 344403.75 7007063.14 928.38 NSI
APCH00020 ADIT-2 Veta Gruesa 343872.73 7006965.70 939.38 1.40 3.00 1.60 5.76 0.77 17900 8.15 160
APCH00018 ADIT-2 Veta Gruesa 343895.43 7006967.21 944.15 1.20 3.20 2.00 1.83 0.25 1310 12.85 120
APCH00017 ADIT-2 Veta Gruesa 343901.15 7006966.01 944.05 1.90 3.70 1.80 1.20 0.18 3470 18.10 380
APCH00025 ADIT-2 Veta Gruesa 343823.23 7006968.03 929.63 1.20 2.40 1.20 1.10 0.08 2170 6.88 90
APCH00016 ADIT-2 Veta Gruesa 343911.73 7006968.32 943.81 NSI
APCH00019 ADIT-2 Veta Gruesa 343879.13 7006968.25 941.19 NSI
APCH00021 ADIT-2 Veta Gruesa 343860.20 7006969.66 937.59 NSI
APCH00022 ADIT-2 Veta Gruesa 343851.56 7006970.21 935.29 NSI
APCH00023 ADIT-2 Veta Gruesa 343842.65 7006970.20 933.31 NSI
APCH00024 ADIT-2 Veta Gruesa 343833.32 7006971.18 931.28 NSI
APCH00026 ADIT-2 Veta Gruesa 343813.71 7006967.27 926.97 NSI
APCH00027 ADIT-2 Veta Gruesa 343804.37 7006971.14 924.68 NSI
APCH00028 ADIT-2 Veta Gruesa 343913.65 7006971.67 937.33 NSI
APCH00029 ADIT-2 Veta Gruesa 343899.04 7006973.97 933.91 NSI
APCH00032 ADIT-3 Veta Gruesa 344485.67 7007108.05 904.76 0.80 2.30 1.50 3.64 0.27 1950 13.30 400
APCH00031 ADIT-3 Veta Gruesa 344495.58 7007107.19 905.99 1.00 3.20 2.20 1.59 0.43 860 10.65 800
APCH00030 ADIT-3 Veta Gruesa 344505.86 7007108.07 907.42 NSI
APCH00033 ADIT-3 Veta Gruesa 344477.91 7007110.51 904.14 NSI
APCH00034 ADIT-3 Veta Gruesa 344468.16 7007112.27 902.60 NSI
APCH00035 ADIT-3 Veta Gruesa 344458.31 7007111.56 902.03 NSI
APCH00036 ADIT-3 Veta Gruesa 344452.08 7007113.05 898.74 NSI
APCH00037 ADIT-3 Veta Gruesa 344442.33 7007112.20 898.90 NSI
APCH00043 ADIT-4 Veta Gruesa 344227.47 7007027.98 910.84 1.00 2.40 1.40 3.37 0.20 1030 42.80 480
APCH00044 ADIT-4 Veta Gruesa 344242.51 7007033.74 909.65 1.80 3.30 1.50 2.04 0.20 720 30.70 920
APCH00038 ADIT-4 Veta Gruesa 344242.35 7007021.42 924.83 1.10 2.10 1.00 1.75 0.20 360 10.60 730
APCH00042 ADIT-4 Veta Gruesa 344218.02 7007024.99 910.36 1.50 3.90 2.40 1.50 0.25 310 14.35 520
APCH00039 ADIT-4 Veta Gruesa 344232.76 7007023.76 922.65 NSI
APCH00040 ADIT-4 Veta Gruesa 344225.66 7007023.31 920.35 NSI
APCH00041 ADIT-4 Veta Gruesa 344211.06 7007023.20 917.31 NSI
APCH00046 ADIT-5 Veta Gruesa 344289.23 7007028.00 940.01 0.00 4.60 4.60 0.99 0.22 285 15.80 321
APCH00045 ADIT-5 Veta Gruesa 344322.20 7007028.81 938.33 NSI
APCH00048 ADIT-6 Descubridora 343581.04 7007909.90 889.09 0.00 3.20 3.20 4.61 0.22 266 7.02 20
APCH00047 ADIT-6 Descubridora 343568.16 7007903.52 891.25 0.00 2.00 2.00 2.50 1.29 495 18.43 102
APCH00051 ADIT-6 Descubridora 343597.96 7007927.39 895.80 0.60 2.90 2.30 2.06 0.49 285 6.78 18
APCH00050 ADIT-6 Descubridora 343592.81 7007921.64 894.26 0.80 2.90 2.10 1.21 0.27 160 9.00 44
APCH00049 ADIT-6 Descubridora 343595.23 7007912.28 892.37 0.00 1.70 1.70 1.08 0.02 130 3.41 5
APCH00059 ADIT-6 Descubridora 343610.42 7007936.52 894.40 NSI
APCH00060 ADIT-6 Descubridora 343616.05 7007941.12 892.57 NSI
APCH00061 ADIT-6 Descubridora 343623.30 7007945.45 890.99 NSI
APCH00057 ADIT-7 FalseEstaca 343703.80 7007609.76 965.39 0.80 1.50 0.70 11.19 0.13 1330 0.01 5
APCH00052 ADIT-7 FalseEstaca 343747.29 7007618.58 957.97 1.00 1.40 0.40 7.44 0.99 1410 8.16 10
APCH00056 ADIT-7 FalseEstaca 343710.93 7007611.04 964.36 1.00 1.30 0.30 6.01 0.15 600 0.02 4
APCH00054 ADIT-7 FalseEstaca 343731.59 7007613.92 961.03 0.90 1.30 0.40 2.97 0.69 3280 11.55 90
APCH00053 ADIT-7 FalseEstaca 343740.40 7007616.03 959.07 0.90 1.30 0.40 2.74 0.31 920 10.30 70
APCH00055 ADIT-7 FalseEstaca 343720.99 7007612.50 963.43 0.90 1.30 0.40 2.58 0.57 2102 9.42 45
APCH00058 ADIT-7 FalseEstaca 343693.34 7007606.80 967.21 NSI
APCH00062 ADIT-8 Veta Gruesa 344318.87 7007024.43 947.20 NSI
APCH00063 ADIT-8 Veta Gruesa 344328.68 7007027.85 947.10 NSI
APCH00064 ADIT-8 Veta Gruesa 344344.98 7007036.55 947.00 NSI
APCH00065 ADIT-3 Veta Gruesa NSI
APCH00066 ADIT-7 Descubridora 1.50 3.20 1.70 1.41 0.88 3269 12.64 151
APCH00067 ADIT-7 Descubridora 1.10 3.50 2.40 3.86 2.37 763 18.77 120
APCH00068 ADIT-7 Descubridora 0.00 3.00 3.00 0.98 2.40 1893 12.64 158
APCH00069 ADIT-4 Veta Gruesa NSI

Table 2 – Significant intercept table for all underground channel samples. Significant intervals calculated using weighted average, 1% Cu cut off and 0.25m internal dilution. Widths reported are channel widths and NOT vein thickness.

Appendix 1

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Sample table for all samples taken from underground adits.

VEIN ADIT Channel_ID SAMPLE_ID EAST NORTH LEVEL From To Cu% Au
**ppm **
Co
**ppm **
Fe % Mo
**ppm **
Veta Gruesa ADIT-1 APCH00006 ACPCH000070 344433.45 7007076.20 935.60 0.0 2.6 0.27 0.02 110 12.65 50
Veta Gruesa ADIT-1 APCH00006 ACPCH000071 344433.85 7007074.69 936.61 2.6 3.0 0.25 0.05 100 9.67 70
Veta Gruesa ADIT-1 APCH00006 ACPCH000072 344434.16 7007073.61 935.58 3.0 4.8 0.31 0.01 110 3.99 5
Veta Gruesa ADIT-1 APCH00007 ACPCH000073 344428.38 7007075.82 935.03 0.0 1.5 1.46 0.04 150 9.07 20
Veta Gruesa ADIT-1 APCH00007 ACPCH000074 344428.66 7007074.27 936.01 1.5 3.3 1.68 0.10 400 29.30 260
Veta Gruesa ADIT-1 APCH00007 ACPCH000075 344429.28 7007072.61 935.12 3.3 5.1 0.61 0.10 110 4.44 5
Veta Gruesa ADIT-1 APCH00008 ACPCH000076 344419.05 7007077.69 933.55 0.0 1.2 0.16 0.01 40 4.85 5
Veta Gruesa ADIT-1 APCH00008 ACPCH000077 344418.88 7007077.83 934.69 1.2 1.6 1.17 0.21 190 23.50 320
Veta Gruesa ADIT-1 APCH00008 ACPCH000078 344418.68 7007076.89 935.29 1.6 2.4 0.18 0.01 30 5.65 30
Veta Gruesa ADIT-1 APCH00008 ACPCH000079 344418.16 7007074.86 935.31 2.4 5.3 0.89 0.04 430 18.45 320
Veta Gruesa ADIT-1 APCH00009 ACPCH000080 344417.87 7007071.40 933.49 0.0 1.1 0.58 0.06 80 6.61 5
Veta Gruesa ADIT-1 APCH00009 ACPCH000081 344417.75 7007070.30 932.67 1.1 2.1 1.97 0.22 240 32.50 790
Veta Gruesa ADIT-1 APCH00009 ACPCH000082 344417.80 7007070.04 931.61 2.1 2.6 0.20 0.03 60 5.48 5
Veta Gruesa ADIT-1 APCH00010 ACPCH000083 344408.64 7007082.62 931.01 0.0 0.6 0.22 0.06 <10 11.75 1120
Veta Gruesa ADIT-1 APCH00010 ACPCH000084 344408.52 7007082.71 931.50 0.6 1.2 0.82 0.29 50 39.60 790
Veta Gruesa ADIT-1 APCH00010 ACPCH000085 344408.42 7007082.76 932.30 1.2 2.1 0.11 0.10 10 3.55 50
Veta Gruesa ADIT-1 APCH00010 ACPCH000086 344408.46 7007082.84 933.29 2.1 3.0 0.81 1.39 10 32.00 1140
Veta Gruesa ADIT-1 APCH00010 ACPCH000087 344408.16 7007082.63 934.02 3.0 3.7 0.12 0.01 10 3.50 10
Veta Gruesa ADIT-1 APCH00011 ACPCH000088 344402.67 7007086.11 929.52 0.0 0.5 0.27 0.06 20 3.26 50
Veta Gruesa ADIT-1 APCH00011 ACPCH000089 344402.65 7007086.32 929.82 0.5 0.7 0.96 0.55 70 34.20 960
Veta Gruesa ADIT-1 APCH00011 ACPCH000090 344402.51 7007086.46 930.40 0.7 1.6 0.13 0.01 10 2.99 5
Veta Gruesa ADIT-1 APCH00012 ACPCH000091 344393.71 7007083.38 928.26 0.0 0.8 0.32 0.02 50 4.99 10
Veta Gruesa ADIT-1 APCH00012 ACPCH000092 344393.64 7007083.34 928.83 0.8 1.2 1.63 0.44 320 41.90 420
Veta Gruesa ADIT-1 APCH00012 ACPCH000093 344393.55 7007083.15 929.41 1.2 1.9 0.35 0.02 80 4.35 5
Veta Gruesa ADIT-1 APCH00013 ACPCH000094 344389.32 7007082.23 926.25 0.0 0.6 0.15 0.03 90 5.50 20
Veta Gruesa ADIT-1 APCH00013 ACPCH000095 344390.36 7007083.75 925.17 0.6 1.0 1.73 0.54 490 32.70 890
Veta Gruesa ADIT-1 APCH00014 ACPCH000096 344408.98 7007066.40 930.43 0.0 1.2 0.08 0.02 160 7.93 30
Veta Gruesa ADIT-1 APCH00014 ACPCH000097 344409.92 7007065.57 930.82 1.2 2.8 1.83 0.25 1140 32.30 350
Veta Gruesa ADIT-1 APCH00014 ACPCH000098 344410.96 7007065.23 930.48 2.8 3.5 0.91 0.19 2080 19.10 110
Veta Gruesa ADIT-1 APCH00015 ACPCH000099 344403.75 7007063.14 928.38 0.0 0.6 0.84 0.09 220 18.25 400
Veta Gruesa ADIT-1 APCH00015 ACPCH000100 344403.43 7007062.15 928.12 0.6 1.4 0.33 0.04 170 23.00 170
Veta Gruesa ADIT-1 APCH00015 ACPCH000101 344403.79 7007061.48 927.90 1.4 2.1 0.07 0.03 180 5.19 10
Veta Gruesa ADIT-2 APCH00016 ACPCH000102 343911.73 7006968.32 943.81 0.0 0.7 0.11 0.02 430 4.04 20
Veta Gruesa ADIT-2 APCH00016 ACPCH000103 343911.65 7006967.29 944.73 0.7 1.7 0.15 0.05 630 2.66 100
Veta Gruesa ADIT-2 APCH00016 ACPCH000104 343911.51 7006966.39 944.00 1.7 2.9 0.09 0.02 2530 2.82 60
Veta Gruesa ADIT-2 APCH00017 ACPCH000105 343902.67 7006969.62 945.15 0.0 1.0 0.11 0.01 950 4.63 5
Veta Gruesa ADIT-2 APCH00017 ACPCH000106 343901.02 7006969.00 945.66 1.0 1.9 0.27 0.03 830 10.20 20
Veta Gruesa ADIT-2 APCH00017 ACPCH000107 343900.51 7006967.52 945.04 1.9 3.7 1.20 0.18 3470 18.10 380
Veta Gruesa ADIT-2 APCH00017 ACPCH000108 343901.15 7006966.01 944.05 3.7 4.0 0.08 0.01 1760 1.49 20
Veta Gruesa ADIT-2 APCH00018 ACPCH000109 343892.04 7006971.10 943.03 0.0 1.2 0.02 <0.005 110 3.58 5
Veta Gruesa ADIT-2 APCH00018 ACPCH000110 343893.98 7006969.36 944.08 1.2 3.2 1.83 0.25 1310 12.85 120
Veta Gruesa ADIT-2 APCH00018 ACPCH000111 343895.43 7006967.21 944.15 3.2 4.4 0.20 0.05 900 4.36 120
Veta Gruesa ADIT-2 APCH00019 ACPCH000112 343879.13 7006968.25 941.19 0.0 1.3 0.02 <0.005 360 4.56 5
Veta Gruesa ADIT-2 APCH00019 ACPCH000113 343879.63 7006967.07 941.43 1.3 2.8 0.75 0.03 3090 8.16 40
Veta Gruesa ADIT-2 APCH00019 ACPCH000114 343880.10 7006966.31 940.75 2.8 3.7 0.37 0.13 6370 11.50 1120
Veta Gruesa ADIT-2 APCH00020 ACPCH000115 343871.52 7006967.47 940.01 0.0 1.4 0.75 0.28 1060 15.25 210
Veta Gruesa ADIT-2 APCH00020 ACPCH000116 343872.22 7006966.21 940.13 1.4 3.0 5.76 0.77 17900 8.15 160
Veta Gruesa ADIT-2 APCH00020 ACPCH000117 343872.73 7006965.70 939.38 3.0 3.5 0.22 0.06 11600 7.66 160
Veta Gruesa ADIT-2 APCH00021 ACPCH000118 343860.20 7006969.66 937.59 0.0 1.0 0.17 0.01 140 4.53 10
Veta Gruesa ADIT-2 APCH00021 ACPCH000119 343859.69 7006968.50 937.45 1.0 3.2 0.10 0.05 190 5.67 60
Veta Gruesa ADIT-2 APCH00021 ACPCH000120 343859.87 7006967.54 936.83 3.2 4.2 0.12 0.05 980 4.29 140
Veta Gruesa ADIT-2 APCH00022 ACPCH000121 343851.56 7006970.21 935.29 0.0 1.2 0.01 <0.005 130 3.06 5
Veta Gruesa ADIT-2 APCH00022 ACPCH000122 343851.28 7006969.24 936.15 1.2 1.7 0.58 0.98 2410 22.10 230
Veta Gruesa ADIT-2 APCH00022 ACPCH000123 343851.46 7006968.39 935.84 1.7 2.9 0.38 0.03 1780 4.99 40
Veta Gruesa ADIT-2 APCH00022 ACPCH000124 343851.76 7006967.59 935.51 2.9 3.9 0.52 0.07 920 5.64 280
Veta Gruesa ADIT-2 APCH00022 ACPCH000125 343851.94 7006967.41 935.07 3.9 4.7 0.17 0.03 720 2.91 150
Veta Gruesa ADIT-2 APCH00023 ACPCH000126 343842.65 7006970.20 933.31 0.0 1.0 0.01 0.01 90 4.14 5
Veta Gruesa ADIT-2 APCH00023 ACPCH000127 343842.31 7006968.89 933.88 1.0 2.4 0.01 <0.005 30 2.20 5
Veta Gruesa ADIT-2 APCH00023 ACPCH000128 343842.53 7006967.69 933.49 2.4 3.3 0.24 0.02 160 4.03 80
Veta Gruesa ADIT-2 APCH00023 ACPCH000129 343842.72 7006967.33 932.84 3.3 3.9 0.37 0.17 350 6.81 90
Veta Gruesa ADIT-2 APCH00024 ACPCH000130 343833.32 7006971.18 931.28 0.0 2.4 0.02 0.01 20 4.71 5
Veta Gruesa ADIT-2 APCH00024 ACPCH000131 343833.58 7006969.43 931.67 2.4 3.8 0.07 0.10 480 7.07 180
Veta Gruesa ADIT-2 APCH00024 ACPCH000132 343834.01 7006968.31 931.09 3.8 4.9 0.02 <0.005 20 5.58 5
Veta Gruesa ADIT-2 APCH00025 ACPCH000133 343823.41 7006969.99 929.80 0.0 1.2 0.07 0.01 280 4.37 5
Veta Gruesa ADIT-2 APCH00025 ACPCH000134 343823.29 7006968.76 930.32 1.2 2.4 1.10 0.08 2170 6.88 90
Veta Gruesa ADIT-2 APCH00025 ACPCH000135 343823.23 7006968.03 929.63 2.4 2.8 0.06 0.01 640 4.28 5
Veta Gruesa ADIT-2 APCH00026 ACPCH000136 343813.23 7006970.39 927.76 0.0 2.3 0.05 0.01 1260 6.38 5
VEIN ADIT Channel_ID SAMPLE_ID EAST NORTH LEVEL From To Cu% Au
**ppm **
Co
**ppm **
Fe % Mo
**ppm **

11

Veta Gruesa ADIT-2 APCH00026 ACPCH000137 343813.40 7006968.58 927.91 2.3 3.7 0.40 0.03 960 6.99 180
Veta Gruesa ADIT-2 APCH00026 ACPCH000138 343813.71 7006967.27 926.97 3.7 4.5 0.17 0.03 140 5.06 40
Veta Gruesa ADIT-2 APCH00027 ACPCH000139 343804.37 7006971.14 924.68 0.0 0.4 0.53 <0.005 1410 3.01 30
Veta Gruesa ADIT-2 APCH00027 ACPCH000140 343803.99 7006969.54 925.16 0.4 2.6 0.89 0.13 1260 9.62 400
Veta Gruesa ADIT-2 APCH00027 ACPCH000141 343804.49 7006967.98 925.31 2.6 4.0 0.06 0.01 20 4.30 5
Veta Gruesa ADIT-2 APCH00028 ACPCH000142 343913.65 7006971.67 937.33 0.0 0.5 0.01 <0.005 90 3.07 40
Veta Gruesa ADIT-2 APCH00028 ACPCH000143 343913.65 7006971.38 936.99 0.5 0.8 0.07 0.02 220 3.95 160
Veta Gruesa ADIT-2 APCH00028 ACPCH000144 343913.63 7006971.38 936.32 0.8 1.8 0.01 0.01 130 4.36 140
Veta Gruesa ADIT-2 APCH00029 ACPCH000145 343899.04 7006973.97 933.91 0.0 0.7 0.44 0.18 280 8.20 2240
Veta Gruesa ADIT-2 APCH00029 ACPCH000146 343898.80 7006973.07 933.68 0.7 1.6 0.01 <0.005 20 4.84 5
Veta Gruesa ADIT-2 APCH00029 ACPCH000147 343899.37 7006972.24 933.75 1.6 2.5 0.58 0.04 280 11.30 710
Veta Gruesa ADIT-3 APCH00030 ACPCH000148 344505.86 7007108.07 907.42 0.0 1.0 0.39 0.14 330 7.41 50
Veta Gruesa ADIT-3 APCH00030 ACPCH000149 344504.57 7007106.59 907.97 1.0 4.3 1.42 0.15 700 14.00 520
Veta Gruesa ADIT-3 APCH00030 ACPCH000150 344504.07 7007104.85 907.44 4.3 5.8 0.62 0.04 100 6.44 80
Veta Gruesa ADIT-3 APCH00031 ACPCH000151 344495.49 7007109.84 906.61 0.0 1.0 0.04 0.01 30 4.78 5
Veta Gruesa ADIT-3 APCH00031 ACPCH000152 344495.51 7007108.35 906.84 1.0 3.2 1.59 0.43 860 10.65 800
Veta Gruesa ADIT-3 APCH00031 ACPCH000153 344495.58 7007107.19 905.99 3.2 4.1 0.31 0.03 270 3.60 20
Veta Gruesa ADIT-3 APCH00032 ACPCH000154 344485.68 7007110.28 904.81 0.0 0.8 0.48 0.05 140 5.10 5
Veta Gruesa ADIT-3 APCH00032 ACPCH000155 344485.63 7007109.07 905.25 0.8 2.3 3.64 0.27 1950 13.30 400
Veta Gruesa ADIT-3 APCH00032 ACPCH000156 344485.67 7007108.05 904.76 2.3 2.7 0.54 0.03 410 3.21 50
Veta Gruesa ADIT-3 APCH00033 ACPCH000157 344477.91 7007110.51 904.14 0.0 0.7 0.59 0.02 650 10.30 90
Veta Gruesa ADIT-3 APCH00033 ACPCH000158 344477.72 7007109.42 904.46 0.7 2.5 0.98 0.14 1230 15.25 590
Veta Gruesa ADIT-3 APCH00033 ACPCH000159 344477.74 7007108.65 903.85 2.5 3.6 0.47 0.03 370 5.35 20
Veta Gruesa ADIT-3 APCH00034 ACPCH000160 344468.16 7007112.27 902.60 0.0 0.7 0.24 0.01 90 6.94 60
Veta Gruesa ADIT-3 APCH00034 ACPCH000161 344467.69 7007111.15 902.84 0.7 2.4 0.49 0.05 250 33.50 1440
Veta Gruesa ADIT-3 APCH00034 ACPCH000162 344467.36 7007110.16 902.29 2.4 3.4 0.05 0.01 30 4.49 5
Veta Gruesa ADIT-3 APCH00035 ACPCH000163 344458.31 7007111.56 902.03 0.0 1.0 0.22 0.01 40 7.52 160
Veta Gruesa ADIT-3 APCH00035 ACPCH000164 344457.94 7007110.75 902.08 1.0 1.9 0.81 0.35 40 45.10 1450
Veta Gruesa ADIT-3 APCH00035 ACPCH000165 344457.88 7007109.97 901.82 1.9 2.4 0.36 0.04 50 7.47 90
Veta Gruesa ADIT-3 APCH00036 ACPCH000166 344452.08 7007113.05 898.74 0.0 0.4 0.62 0.02 20 5.41 180
Veta Gruesa ADIT-3 APCH00036 ACPCH000167 344451.86 7007113.13 899.48 0.4 1.5 0.89 0.48 90 34.00 1390
Veta Gruesa ADIT-3 APCH00036 ACPCH000168 344451.67 7007112.98 900.25 1.5 2.1 0.17 0.02 30 5.38 20
Veta Gruesa ADIT-3 APCH00037 ACPCH000169 344442.33 7007112.20 898.90 0.0 0.9 0.37 0.06 70 7.51 100
Veta Gruesa ADIT-3 APCH00037 ACPCH000170 344442.27 7007113.55 898.82 0.9 1.6 0.35 0.24 220 13.75 660
Veta Gruesa ADIT-3 APCH00037 ACPCH000171 344442.31 7007114.71 898.11 1.6 3.0 0.17 0.02 40 7.24 20
Veta Gruesa ADIT-4 APCH00038 ACPCH000172 344243.66 7007023.42 924.69 0.0 1.1 0.81 <0.005 480 7.48 40
Veta Gruesa ADIT-4 APCH00038 ACPCH000173 344242.73 7007022.69 924.90 1.1 2.1 1.75 0.20 360 10.60 730
Veta Gruesa ADIT-4 APCH00038 ACPCH000174 344242.35 7007021.42 924.83 2.1 3.6 0.43 0.02 570 4.42 50
Veta Gruesa ADIT-4 APCH00038 ACPCH000175 344242.59 7007020.24 924.00 3.6 4.4 0.17 0.01 80 5.28 5
Veta Gruesa ADIT-4 APCH00039 ACPCH000176 344232.76 7007023.76 922.65 0.0 1.3 0.14 0.03 360 6.01 30
Veta Gruesa ADIT-4 APCH00039 ACPCH000177 344232.57 7007022.63 923.16 1.3 2.5 0.87 0.62 7240 27.40 1400
Veta Gruesa ADIT-4 APCH00039 ACPCH000178 344232.64 7007021.34 922.57 2.5 4.0 0.23 0.01 510 5.63 10
Veta Gruesa ADIT-4 APCH00040 ACPCH000179 344225.66 7007023.31 920.35 0.0 1.2 0.25 0.01 570 6.48 20
Veta Gruesa ADIT-4 APCH00040 ACPCH000180 344225.59 7007022.23 920.53 1.2 2.6 0.71 0.12 1800 30.20 430
Veta Gruesa ADIT-4 APCH00040 ACPCH000181 344225.79 7007020.94 920.00 2.6 4.2 0.10 0.01 810 5.60 20
Veta Gruesa ADIT-4 APCH00041 ACPCH000182 344211.06 7007023.20 917.31 0.0 1.5 0.29 0.05 930 13.50 340
Veta Gruesa ADIT-4 APCH00041 ACPCH000183 344211.12 7007021.59 917.06 1.5 2.7 0.40 0.03 1960 5.66 10
Veta Gruesa ADIT-4 APCH00041 ACPCH000184 344211.19 7007020.99 916.28 2.7 3.1 0.12 <0.005 150 4.39 5
Veta Gruesa ADIT-4 APCH00042 ACPCH000185 344216.74 7007028.30 911.57 0.0 1.5 0.01 0.01 40 5.60 5
Veta Gruesa ADIT-4 APCH00042 ACPCH000186 344217.63 7007026.51 910.78 1.5 3.9 1.50 0.25 310 14.35 520
Veta Gruesa ADIT-4 APCH00042 ACPCH000187 344218.02 7007024.99 910.36 3.9 4.6 0.31 0.03 120 23.00 4020
Veta Gruesa ADIT-4 APCH00042 ACPCH000188 344218.27 7007023.79 910.43 4.6 6.4 0.05 <0.005 50 4.45 10
Veta Gruesa ADIT-4 APCH00043 ACPCH000189 344228.04 7007027.00 910.50 0.0 1.0 0.48 0.04 1600 7.53 30
Veta Gruesa ADIT-4 APCH00043 ACPCH000190 344226.90 7007028.84 910.32 1.0 2.4 3.37 0.20 1030 42.80 480
Veta Gruesa ADIT-4 APCH00043 ACPCH000191 344227.47 7007027.98 910.84 2.4 4.0 0.70 0.03 2930 12.05 200
Veta Gruesa ADIT-4 APCH00044 ACPCH000192 344240.51 7007035.59 909.75 0.0 1.8 0.35 0.03 340 5.92 5
Veta Gruesa ADIT-4 APCH00044 ACPCH000193 344241.49 7007034.56 910.23 1.8 3.3 2.04 0.20 720 30.70 920
Veta Gruesa ADIT-4 APCH00044 ACPCH000194 344242.51 7007033.74 909.65 3.3 4.7 0.80 0.08 220 13.45 160
Veta Gruesa ADIT-5 APCH00045 ACPCH000195 344322.20 7007028.81 938.33 0.0 0.8 0.38 0.03 280 4.07 20
Veta Gruesa ADIT-5 APCH00045 ACPCH000196 344323.09 7007029.80 939.14 0.8 2.7 0.58 0.52 950 28.60 360
Veta Gruesa ADIT-5 APCH00045 ACPCH000197 344323.56 7007031.46 939.50 2.7 4.4 0.14 0.08 100 7.60 40
Veta Gruesa ADIT-5 APCH00046 ACPCH000198 344286.75 7007023.84 939.84 0.0 1.4 1.15 0.07 250 27.60 740
Veta Gruesa ADIT-5 APCH00046 ACPCH000199 344288.88 7007026.62 939.23 1.4 3.3 0.30 0.03 390 10.70 130
Veta Gruesa ADIT-5 APCH00046 ACPCH000200 344289.23 7007028.00 940.01 3.3 4.6 1.81 0.66 170 10.55 150
Veta Gruesa ADIT-8 APCH00062 ACPCH000245 344318.87 7007024.43 947.20 0.0 0.4 0.07 0.01 70 4.47 5
Veta Gruesa ADIT-8 APCH00062 ACPCH000246 344318.67 7007025.42 947.90 0.4 2.7 0.56 0.28 1890 34.00 1100
Veta Gruesa ADIT-8 APCH00062 ACPCH000247 344318.45 7007026.39 948.20 2.7 3.9 0.84 0.15 870 10.20 100
Veta Gruesa ADIT-8 APCH00063 ACPCH000248 344328.68 7007027.85 947.10 0.0 0.9 0.11 0.12 300 5.45 60
Veta Gruesa ADIT-8 APCH00063 ACPCH000249 344328.30 7007028.81 947.80 0.9 2.8 0.18 0.42 680 27.10 560
Veta Gruesa ADIT-8 APCH00063 ACPCH000250 344327.68 7007030.27 948.10 2.8 3.4 0.17 0.03 390 12.10 340
Veta Gruesa ADIT-8 APCH00064 ACPCH000251 344344.98 7007036.55 947.00 0.0 1.0 0.03 <0.005 120 4.74 5
Veta Gruesa ADIT-8 APCH00064 ACPCH000252 344344.38 7007037.55 947.50 1.0 2.5 0.95 0.17 2720 12.80 180
Descubridora Adit-6 APCH00047 ACPCH000201 343569.65 7007901.85 890.15 0.0 0.6 1.24 0.13 460 15.00 60
VEIN ADIT Channel_ID SAMPLE_ID EAST NORTH LEVEL From To Cu% Au
**ppm **
Co
**ppm **
Fe % Mo
**ppm **
Descubridora Adit-6 APCH00047 ACPCH000202 343568.73 7007902.68 890.67 0.6 2.0 3.04 1.79 510 19.90 120

12

Descubridora Adit-6 APCH00047 ACPCH000203 343568.16 7007903.52 891.25 2.0 3.8 0.88 0.03 860 5.26 5
Descubridora Adit-6 APCH00048 ACPCH000204 343579.41 7007911.23 890.09 0.0 0.6 1.82 0.10 140 5.39 10
Descubridora Adit-6 APCH00048 ACPCH000205 343580.32 7007911.17 889.70 0.6 1.6 11.09 0.58 430 8.88 50
Descubridora Adit-6 APCH00048 ACPCH000206 343581.04 7007909.90 889.09 1.6 3.2 1.61 0.04 210 6.47 5
Descubridora Adit-6 APCH00049 ACPCH000207 343593.78 7007911.13 893.04 0.0 1.7 1.08 0.02 130 3.41 5
Descubridora Adit-6 APCH00049 ACPCH000208 343595.23 7007912.28 892.37 1.7 2.5 0.07 0.01 60 2.12 5
Descubridora Adit-6 APCH00050 ACPCH000209 343590.62 7007922.24 894.26 0.0 0.8 0.86 0.01 130 7.13 5
Descubridora Adit-6 APCH00050 ACPCH000210 343591.78 7007921.92 894.86 0.8 2.3 1.01 0.37 160 10.00 60
Descubridora Adit-6 APCH00050 ACPCH000211 343592.81 7007921.64 894.26 2.3 2.9 1.72 0.02 160 6.49 5
Descubridora Adit-6 APCH00051 ACPCH000212 343597.69 7007929.84 895.73 0.0 0.6 0.69 0.01 430 4.86 5
Descubridora Adit-6 APCH00051 ACPCH000213 343597.97 7007928.95 896.26 0.6 2.3 1.77 0.16 170 5.69 10
Descubridora Adit-6 APCH00051 ACPCH000214 343597.96 7007927.39 895.80 2.3 2.9 2.89 1.42 610 9.88 40
Descubridora Adit-6 APCH00059 ACPCH000236 343610.42 7007936.52 894.40 0.0 0.7 0.04 0.01 70 4.48 5
Descubridora Adit-6 APCH00059 ACPCH000237 343610.02 7007936.91 894.41 0.7 1.1 0.33 0.14 300 6.33 30
Descubridora Adit-6 APCH00059 ACPCH000238 343609.60 7007937.28 893.97 1.1 1.9 0.20 0.02 200 4.58 5
Descubridora Adit-6 APCH00060 ACPCH000239 343616.05 7007941.12 892.57 0.0 0.7 0.34 <0.005 180 4.74 5
Descubridora Adit-6 APCH00060 ACPCH000240 343615.65 7007941.54 892.56 0.7 1.1 1.12 0.35 580 13.65 80
Descubridora Adit-6 APCH00060 ACPCH000241 343615.34 7007941.83 892.19 1.1 1.8 0.80 0.10 60 4.30 10
Descubridora Adit-6 APCH00061 ACPCH000242 343623.30 7007945.45 890.99 0.0 0.9 0.08 0.01 80 4.97 5
Descubridora Adit-6 APCH00061 ACPCH000243 343623.05 7007945.91 890.92 0.9 1.1 0.37 0.03 2770 15.95 70
Descubridora Adit-6 APCH00061 ACPCH000244 343622.88 7007946.20 890.45 1.1 1.8 0.01 0.01 210 8.61 5
False Estaca Adit -7 APCH00052 ACPCH000215 343747.53 7007617.64 957.92 0.0 1.0 0.04 0.01 170 4.90 5
False Estaca Adit -7 APCH00052 ACPCH000216 343747.39 7007618.22 958.21 1.0 1.4 7.44 0.99 1410 8.16 10
False Estaca Adit -7 APCH00052 ACPCH000217 343747.29 7007618.58 957.97 1.4 1.9 1.00 0.07 3440 9.26 10
False Estaca Adit -7 APCH00053 ACPCH000218 343740.74 7007614.53 959.68 0.0 0.9 0.81 0.21 420 7.08 10
False Estaca Adit -7 APCH00053 ACPCH000219 343740.48 7007615.25 959.65 0.9 1.3 2.74 0.31 920 10.30 70
False Estaca Adit -7 APCH00053 ACPCH000220 343740.40 7007616.03 959.07 1.3 2.4 0.03 <0.005 40 4.75 5
False Estaca Adit -7 APCH00054 ACPCH000221 343731.82 7007612.88 961.27 0.0 0.9 0.10 0.02 110 4.91 5
False Estaca Adit -7 APCH00054 ACPCH000222 343731.72 7007613.52 961.33 0.9 1.3 2.97 0.69 3280 11.55 90
False Estaca Adit -7 APCH00054 ACPCH000223 343731.59 7007613.92 961.03 1.3 2.1 0.66 0.96 220 4.69 5
False Estaca Adit -7 APCH00055 ACPCH000224 343721.40 7007611.43 963.24 0.0 0.9 0.78 0.07 560 4.78 5
False Estaca Adit -7 APCH00055 ACPCH000225 343721.19 7007612.02 963.39 0.9 1.3 4.50 1.45 2700 12.35 70
False Estaca Adit -7 APCH00055 ACPCH000226 343720.99 7007612.50 963.43 1.3 2.0 1.48 0.07 1760 7.74 30
False Estaca Adit -7 APCH00056 ACPCH000227 343711.12 7007610.01 964.85 0.0 1.0 0.85 0.01 1030 4.67 20
False Estaca Adit -7 APCH00056 ACPCH000228 343711.03 7007610.65 964.82 1.0 1.3 6.01 0.90 600 13.65 60
False Estaca Adit -7 APCH00056 ACPCH000229 343710.93 7007611.04 964.36 1.3 1.8 0.88 0.04 960 4.88 5
False Estaca Adit -7 APCH00057 ACPCH000230 343703.91 7007608.20 965.92 0.0 0.8 0.07 0.01 50 4.65 5
False Estaca Adit -7 APCH00057 ACPCH000231 343703.93 7007608.99 965.86 0.8 1.5 11.19 1.41 1330 16.20 80
False Estaca Adit -7 APCH00057 ACPCH000232 343703.80 7007609.76 965.39 1.5 2.1 0.06 <0.005 20 5.02 5
False Estaca Adit -7 APCH00058 ACPCH000233 343693.34 7007606.80 967.21 0.0 1.0 0.10 0.01 20 5.92 5
False Estaca Adit -7 APCH00058 ACPCH000234 343693.44 7007607.69 967.19 1.0 1.7 0.71 0.02 40 4.14 20
False Estaca Adit -7 APCH00058 ACPCH000235 343693.33 7007608.42 966.72 1.7 2.4 0.30 0.03 420 4.44 10

APPENDIX 2: JORC Table 1, Section 1 Sampling Techniques and Data

13

Criteria Explanation
Sampling
techniques

Rock chip samples collected are of a minimum 2kg weight.

Minimum sample interval was 0.50m and maximum of 2.00m were collected along adit
roof and adit walls.

Stockpile samples were randomly collected grab samples from across each stockpile.

Samples were sent to ALS Laboratories, Copiapo, Chile

Samples were pulverised to obtain a 30g charge for fire assay for gold

A 0.5g charge was digested by four acid near total digest and analyses using ICP-OES for
multi-element analysis, including copper

Oregrade copper samples over 10,000ppm(10%)were re-assayed usingAAS
Drilling techniques
No drilling has been conducted on the El Roble Project.
Drill sample
recovery

No drilling has been conducted on the El Roble Project.
Logging
All rock chip samples and stockpile grab samples are geologically logged by qualified
geologists.

Geological data is recorded in the Company’s geological database.

Logging is qualitative in nature and describes lithology, alteration, structure and
mineralisation visually observed by the logging geologist.

Total length of each sample interval has been logged.
Sub-sampling
techniques and
sample preparation

The sample collection and preparation technique is deemed suitable and industry standard
for surface sampling.

Samples are coarse crushed to 70% passing 2mm and then split produce a 30g sample for
gold assay and 0.5g sample for multi-element assay. Sub samples are then pulverised to
85% passing 75 microns prior to assay.

No duplicate samples have been carried out.

Sample size is deemed appropriate.
Quality of assay
data and laboratory
tests

Assay techniques are deemed suitable and accurate for the elements being tested.

Standard reference materials have been submitted in each sample run every 20 samples.

Blank reference materials are submitted in each sample run every 50 samples.
Verification of
sampling and
assaying

All significant intersections have been calculated using weighted averaging to sample
length.

All significant intersections have been checked by alternative company geological
personnel.

No duplicate sampling or twinned holes have been completed

All data collected is done so in accordance with the Company’s written data collection
procedures and is kept within the Company’s electronic database. Original sample logs and
written data collection forms are also retained in the Company’s data library.

No adjustment to data has been done.
Locations of data
points

All adits have been surveyed using a total station survey instrument with appropriate
control points used and referenced to ensure accuracy of survey information.

Rock chip and channel samples are located using a total station survey instrument.

Co-ordinates have an error of +/-10cm.

Co-ordinates are recorded in WGS84 co-ordinate system
Data spacing and
distribution

NA at this early exploration stage.
Orientation of data
in relation to
geological structure

Wherever possible channels have been planned to intersect mineralised structures
perpendicular to the structure.

Channel intercepts are along channel widths and do not indicate true widths of any
mineralised structure.
Sample security
All sampling was conducted under the supervision of an independent geology consultant
who conducted sample collection and the chain of custody from the drill to the sample
preparation and logging facility is continually monitored by the consultant. Samples are
shipped to the lab by qualified couriers or Company personnel under locked bags.
Audits or reviews
No audit or review has been conducted due to the early stage exploration nature of the
work.

14

JORC Table 7: Section 2 Reporting of Exploration Results

Criteria Explanation
Mineral tenement
and land tenure
status

Mining Group does not own any of the properties sampled or mapped and sampling and
mapping completed was done so as part of a due diligence process in order to assess the
properties.

Mining Group has an exclusive option to acquire the properties under the contemplated
transaction described in ASX Announcement dated 15thAugust 2013.
Exploration by
other parties

No information has been used in this report from exploration by other parties.
Drill hole
information

No drilling has been conducted on the property to date.
Geology
The El Roble Project consists of quartz and iron oxide veins, containing copper and gold
mineralisation. The veins are hosted within intrusive dioritic and andesitic volcanic rocks of
the Chilean Cretaceous Belt.
Channel
information

Table of all channel locations and results is presented in Schedule 1 of this Notice
Data aggregation
methods

Intercept widths are along channel widths, intercept calculated by length weighted average
for all samples and no internal dilution was used, where length is the along channel length
for each sample interval

Intercepts comprise of aggregated length weighted average for all samples taken in each
channel. Length weighted averages have been calculated using the following formula
assuming 3 samples were taken from the channel, where: A=sample interval, B=sample
assay value
1)
A1xB1 = C1, A2xB2=C2, A3xb3=C3
2)
A1+A2+B2= total interval
3)
(C1+C2+C3)/total interval = length weighted grade average

No metal equivalent values have been used.
Relationship
between
mineralization
widths and
intercept lengths

Channels were designed to be installed perpendicular to the interpreted strike of the
mineralized structures unless stated.

Intercept widths are along channel widths and are not true geological widths.
Diagrams
Pertinent maps are within this announcement

No drillinghas been conducted on theproject.
Balanced Reporting
All results have been presented in Appendix 1 of this announcement for balanced
reporting.
Other substantive
exploration data

No other data other than that presented has been used or relied upon.
Further work
Further exploration work including mapping, sampling and drilling is required, on areas
throughout the property.

These areas will be identified in the future through further analysis and interpretation of
results.

Diagrams cannot be provided until areas for future exploration have been identified.

15