Slide 1: Pulacayo Project IP Program
TSX: PCY PULACAYO PROJECT IP PROGRAM September 29, 2016 1
Slide 2: Summary
Summary TSX: PCY • Many areas of the Pulacayo project are now found to contain important concentrations of silver, zinc, lead, gold, copper, antimony and indium at surface outcrops. • Sampling programs carried out in 2015 and 2016 in Paca, Pero and Pacamayo found significant anomalies of silver, zin
Slide 3: Paca North
Paca North TSX: PCY • Located approximately 7km north of the Tajo vein system. • The target consists of a sequence of conglomerates with a siliceous matrix with a length of 200m, width of 18m, and variable height from 3 to 45m. • The conglomerate consists of clasts of quartzites up to 30 cm diameter
Slide 4: Paca North
Paca North TSX: PCY • 21 rock samples were collected in the tuff-conglomerate. • The total target area has an estimated dimension of 400m long, 100m wide and 100 m deep. • The first group of chip channel samples taken at 2m interval from the cobbles of the conglomerate at the surface yielded silver
Slide 5: Paca North sampling map
Paca North sampling map TSX: PCY Prices used for calculating Ag Eq and Sb Eq (antimony) are as of August 21, 2015 and are: USD $15.35/oz for Ag, USD $2.29/lb for Cu, USD $0.77/lb for Pb, USD $3.10/lb for Sb, and USD $0.80/lb for Zn according to the London Metals Exchange spot prices for Ag, Cu, Pb,
Slide 6: Paca North
Paca North TSX: PCY • The mapping and sampling of Paca North, Esmeralda adit identified a potential mineralized zone hosted in conglomerate and disseminated in a volcaniclastic sequence. • Previous IP program carried out in 2008 (400m spacing between the IP lines) on Paca indicates high resistivity
Slide 7: Paca North planned IP lines
Paca North planned IP lines TSX: PCY PACA NORTH Planned IP Lines 7 lines (7 km), spacing 100 meters. 7
Slide 8: Paca North IP survey
Paca North IP survey TSX: PCY • Paca - the proposed survey grid consists of 7 lines (7 km) 100 meters spacing between the lines. • The 3D IP survey with a pole – dipole configuration array will Paca be carried out in the area where the mapping and sampling identified anomalies. • 100 meter spacing f
Slide 9: Pero
Pero TSX: PCY Samples collected by Apogee team - • The area of the target is 400 metres length x 300 blue metres width and estimated 100 meters depth (IP survey and a drilling program will define the extension to depth ) • 165 chip samples were collected every 1 meter interval using the Channel Samp
Slide 10: Pero sampling map
Pero sampling map TSX: PCY Samples with no lab assay yet Prices used for calculating Ag Eq and Sb Eq (antimony) are as of September 4, 2015 and are: USD $14.58/oz for Ag, USD $0.80/lb for Zn , USD $0.76/lb for Pb, USD $2.99/lb for Sb, and according to the closing spot price as reported by KITCO Meta
Slide 11: Pero
Pero TSX: PCY • The mineralization is hosted in fractures and is disseminated. • Silver – Lead – Antimony mineralization can be observed in the fractures • Lead – Antimony mineralization is disseminated in the pores of the sedimentary rocks. 11
Slide 12: Pero
Pero TSX: PCY • The mapping and sampling of Pero, identified mineral zone in veinlets and disseminated in sandstones • No hydrothermal alteration affected to host rock. • Previous IP program carried out in 2008 (400m spacing between the IP lines) on Pero indicates high chargeability anomaly near min
Slide 13: Pero planned IP lines
Pero planned IP lines TSX: PCY PERO AREA IP Lines 7 lines (7 km), spacing 100 meters. 13
Slide 14: Pero IP survey
Pero IP survey TSX: PCY • Pero- proposed survey IP grid consists of 7 lines (7 km) with 100 meters spacing between the lines. Paca • The 3D IP survey with a pole – dipole configuration array will be carried out in selected areas where the mapping and sampling identified anomalies. • 100 meter spacin
Slide 15: Pacamayo
Pacamayo TSX: PCY South El Abra Tunnel North • This target is located about 5 km north of Pulacayo. The access to the site is in good condition. Pulacayo Pacamayo • 76 chip samples were collected from underground at a 1 meters interval using the Channel Sampling method. • 49 chip samples were collec
Slide 16: Pacamayo
Pacamayo TSX: PCY • Located north east of the Tajo vein system where four veins were identified on the surface with estimated thickness of 2m. • Strong Manganese mineralization is observed in the sector. • Manganese is associated to Epithermal deposits and especially epithermal precious metals depos
Slide 17: Pacamayo sampling map
Pacamayo sampling map TSX: PCY Epithermal Manganese Deposits Prices used for calculating Ag Eq and Sb Eq (antimony) are as of August 21, 2015 and are: USD $15.35/oz for Ag, USD $2.29/lb for Cu, USD $0.77/lb for Pb, USD $3.10/lb for Sb, Malacate sector and USD $0.80/lb for Zn according to the London
Slide 18: Pacamayo
Pacamayo TSX: PCY • The main mineralized zone seems to be correlated to high chargeability zone. • The mapping and sampling of Pacamayo, identified a mineralized zone containing veins with a rim of Sericitic – Quartz Alteration. • The lithocap typically changes downwards from advanced argillic to se
Slide 19: Pacamayo planned IP lines
Pacamayo planned IP lines TSX: PCY PACAMAYO AREA IP Lines 6 lines (6 km), spacing 100 meters. 19
Slide 20: Pacamayo proposed IP survey
Pacamayo proposed IP survey TSX: PCY • Pacamayo - the proposed survey grid consists of 6 lines (6 km) with 100 meters spacing between the lines. Paca • The 3D IP survey with a pole – dipole configuration array will be carried out in selected areas where the mapping and sampling identified anomalies.