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TSX.V: RYO www.riosilverinc.com
Gold and Silver Exporation in Peru, September 2019
Forward Looking Statements
Certain information presented, including discussions of future plans and operations, contains
forward-looking statements involving substantial known and unknown risks and uncertainties.
These forward-looking statements are subject to risk and uncertainty, many of which are
beyond control of company management. These may include, but are not limited to the
influence of general economic conditions, industry conditions, fluctuations of commodity
prices and foreign exchange rate conditions, prices, rates, environmental risk, industry
competition, availability of qualified staff and management, stock market volatility, timely and
cost effective access to sufficient working capital or financing from internal and external
sources. Actual results, performance, or achievement may differ materially from thosesources. Actual results, performance, or achievement may differ materially from those
expressed or implied by these forward looking statements. We do not assume any obligation
to update any forward-looking statements.
The Company has not completed work supervised by a qualified person and may not
complete the work to verify the results of historic exploration nor has a qualified person
verified information for adjacent properties and that information is not necessarily indicative of
the mineralization on the property that is the subject of this presentation.
Technical information in this presentation has been prepared by Rio Silver Inc. and has been
reviewed by Jeff Reeder, P.Geo., President and CEO, and non-Independent Qualified Person
for the Company.
2
Directors and Management
Edward J Badida, C.A. Director
• Professional accountant with over 40 years of financial management and corporate governance experience
• Currently a Director of Patagonia Gold Plc
Steve Brunelle, B.Sc. Chairman
• 35 years of experience in mineral exploration throughout the Americas
• Former Officer and Director of Corner Bay Silver Inc. which was acquired by Pan American Silver Inc.
• Currently a Director/Officer of several TSX.V companies
Chris Verrico, Director
3
• extensive northern rural-remote infrastructure construction and contract mining experience throughout BC
and Yukon including Alaska and Nunavut
• Ex-Director of a dozen Jr. start-up companies, most becoming public, managing exploration projects in N.
America, Mexico and throughout western South America and currently director of Four Nines Gold Inc.
Richard Mazur, MBA and ICD.D, Director
• Chairman, Co-Founder and past Managing Director of RLG International Inc.
Jeffrey J Reeder, P. Geo., President and CEO, Director
• Professional geologist with over 20 years of experience in Peru
Christopher Hopton, CGA, CFO
• Over 25 years experience in senior accounting and financial roles, currently the CFO of Sirona Biochem
Capital Structure
Rio Silver Inc. Officers
Capital Structure
Ticker TSX-V: RYO
Share Price (Sep 4, 2019) C$0.04
4
Rio Silver Inc. Officers
and Directors control
30% of Rio Silver
outstanding common
shares
52-Week Share Price Range C$0.03 - C$0.05
Issued and Outstanding 42,859,944
Options 560,000
Warrants 1,050,000
Market Cap at Sep 4, 2019 $1,714,397
Niñobamba Gold - Silver Project, Peru
• High Sulphidation epithermal Au – Ag targets: Drill Ready
• 6 mineral concessions covering 4,480 ha
• 9,743m of historical drilling and extensive geological database across property
• Exploration expenditures of over $US8.5M by Rio Silver and historical operators
5
• Exploration expenditures of over $US8.5M by Rio Silver and historical operators
• Property acquired through staking 3 concessions and purchase of 3
concessions from Newmont.
• Historic drilling intersected significant lengths of silver mineralization including
130m of 2.55oz/t Ag in Niñobamba Main and 72.3m of 1.19g/t Au in Jorimina
• Rio Silver recent work identified new gold zone unrecognized by previous
operators including Trench 1 - 56m @ 1.03 g/t Au, 98.9 g/t Ag and Trench 4 –
ends in 21.77m @ 1.32 g/t Au, 102.46 g/t Ag and still open
Epithermal Prospective
Area + Micoene Volcanic
Arcs
Select High
Sulphidation
Mine or Deposit
Select Peruvian Au-Ag
High Sulphidation Deposits,
their Production Figures, and
Niñobamba Project Location
6
Mine or Deposit
Sources: Various Company
websites, annual reports, and
publications.
Modified from: Cardozo, 2006;
Hedenquist, 2012; Acosta et al.,
2013.
*indicates Ag production sold
to Silver Wheaton
Niñobamba Au-Ag Project –
Over US$ 8.5M in Exploration
• 4,480 hectares
100% held by Rio
Silver
• Original Dorita
Primera concession
and Plata 600 and
900 acquired by
staking
7
• Located on margins of Nevado Portugesa volcanic dome
• Explored and drilled with 44 holes by Anglo Gold, Bear Creek, and Newmont
• Rio Silver discovered vuggy silica outcrop in the Niñobamba Main Zone that was
not recognized by previous operators
• Excellent infrastructure and located 7km off of asphalted national highway and
74km from Ayacucho with daily flights to Lima
staking
• Chanca 908 to 910
Acquired from
Newmont for a
small payment + 2%
NSR
Niñobamba Main Zone -
Aerial View Looking Southeast
8
Potential accumulation
of Au rich colluvium
Niñobamba Main Zone – Rio Silver
Trenches and Historic Drill Locations
North Zone: Two distinct
mineralized zones exposed over
a 400 m strike length open in
both directions.
9
both directions.
South Zone: potential strike
length exceeds 1000 metres.
Niñobamba Main Zone -
Vuggy Silica Discovery, Not Yet Drill Tested
10
Niñobamba Au-Ag Project –
Conceptual Model
AN-01
11
JR-03 Vuggy Silica (1.24 g/t Au + 35.2 g/t Ag)
JR-04 Vuggy Silica (1.56 g/t Au + 56.2 g/t Ag)
Niñobamba Au-Ag Project – Jormina Zone
Historic Work and Au-Ag Anomalies in Rock
Jorimina NE
High Grade Au-Ag in
Surface Rock Samples
Red Cliff
Red Zone
• 4,377m of diamond drilling in Jorimina Zone
• Au-Ag-Zn-Pb mineralization
• Strong IP chargeability anomalies
Jorimina Central
Drill hole JM1 Highlights
72.3m of 1.19 g/t Au from 53.1m
24.6m of 1.07 g/t Au from 184.75m
Example High Sulphidation
Au - Ag Projects in Peru
High Sulphidation Epithermal Au – Ag Deposits Target
Low Cost, High Tonnage Operations with Long Mine Life
Corihuarmi, 5000m above sea level (Minera IRL):
• built for $20 million and capital investment recovered during first year of
production
• started production March 2008 and up to March 2017 has produced
280,184.46 ounces of gold
13
280,184.46 ounces of gold
• gold production projected over 24,000 ounces for 2017, an average of
21,000 ounces per annum for the 3 year period through 2020
Anabi, 4600m asl (Aruntani SAC):
• five year mining plan (2009) totalling 13,424,062 tonnes averaging 0.52g/t
Au for 242,982oz
• 2012 production was 4,958,471 tonnes for 56,303 oz Au and 15,297 oz Ag
Quicay, 4400m asl (Minera Centauro):
• ore production during Quicay operational mine life (2002-2011) reached
600,000 ounces of gold
Sources: Company websites and various publications.
40 University Ave. Suite 603
Toronto, ON, M5J 1T1
Tel: 416-479-9546
14
Tel: 416-479-9546
www.riosilverinc.com
Chris Verrico
Email: info@riosilverinc.com
Appendix: Historic rock sample locations used for Au-Ag rock
anomaly contours (generally >0.1 g/t Au and >2.5 ppm Ag). Note
Ninobamba Main zone contours are adjusted to trench samples.
Google Earth Images are Copyrighted.
15
Appendix: Niñobamba North Zone, Trench 1 –
Rock Saw Channel Sampling
16
North Zone: Trench 1
56m @ 1.03 g/t Au, 98.9 g/t Ag
Appendix: Niñobamba North Zone, Trench 1 – Continuous
Ag/Au Mineralization in Tertiary Volcaniclastics
Gold-Silver From To Interval Au Ag
Zone m m m g/t g/t
TR-01 52 54 2 0.285 38.2
TR-01 54 56 2 1.625 204
TR-01 56 58 2 1.002 169.5
TR-01 58 60 2 0.479 11.7
TR-01 60 62 2 0.132 7.9
TR-01 62 64 2 3.3 153
TR-01 64 66 2 3.739 334
TR-01 66 68 2 2.301 249.4
TR-01 68 70 2 1.024 102.9
TR-01 70 72 2 0.669 88.4
Sample 31:
2 metres
1.002 g/t Au,
169.5 g/t Ag
17
TR-01 70 72 2 0.669 88.4
TR-01 72 74 2 0.019 8.6
TR-01 74 76 2 0.009 5.8
TR-01 76 78 2 0.016 7.1
TR-01 78 80 2 0.019 11.3
TR-01 80 82 2 1.141 136.1
TR-01 82 84 2 1.06 149.8
TR-01 84 86 2 3.806 326
TR-01 86 88 2 1.032 88.7
TR-01 88 90 2 0.978 77.6
TR-01 90 92 2 0.64 57.8
TR-01 92 94 2 0.833 79.3
TR-01 94 96 2 0.431 72.5
TR-01 96 98 2 0.821 93.6
TR-01 98 100 2 1.09 94.4
TR-01 100 102 2 0.3 32.6
TR-01 102 104 2 0.34 54.7
TR-01 104 106 2 1.36 71.4
TR-01 106 108 2 0.48 43.7
Totals: 56 metres 1.03 g/t Au 98.9 g/t Ag
*Sample intervals as
displayed
are not surveyed.
Sample 45:
2 metres
3.806 g/t Au,
326 g/t Ag
Appendix: Niñobamba North Zone, Trench 4 –
Ends in gold and silver mineralization
Gold-Silver From To Interval Au Ag
Zone m m m g/t g/t
TR-04 26.48 29.73 3.25 0.03 54.6
TR-04 29.73 31.84 2.11 0.25 192.4
TR-04 31.84 34.9 3.06 0.32 108.4
TR-04 34.9 36.84 1.96 0.16 51.5
TR-04 36.84 39.43 2.59 0.12 84.4
TR-04 39.43 41.35 1.92 0.08 23.1
Totals: 14.89 metres 0.16 g/t Au 85.9 g/t Ag
18
Totals: 14.89 metres 0.16 g/t Au 85.9 g/t Ag
TR-04 131.55 134.37 2.82 0.43 24.2
TR-04 134.37 136.46 2.09 1.06 74.5
TR-04 136.46 140.64 4.18 0.58 30.1
TR-04 140.64 142.99 2.35 0.4 61.3
TR-04 142.99 145.17 2.18 2.49 233.8
TR-04 145.17 147.43 2.26 2.6 239.9
TR-04 147.43 149.49 2.06 2.49 77.2
TR-04 149.49 151.38 1.89 2.42 194.4
TR-04 151.38 153.32 1.94 0.53 81.9
Totals: 21.77 metres 1.32 g/t Au 102.46 g/t Ag
-and-
Sample JR- 4: 1.561 g/t Au, 56.2 g/t Ag
Ends in Mineralization
Appendix: Niñobamba North Zone, Trench 5
19
North Zone: Trench 5
108m @ 62.4 g/t Ag
Appendix: Niñobamba North Zone, Trench 5 –
Continuous Disseminated Ag Mineralization
Trench From To Interval Ag Trench From To Interval Ag
Name m m m g/t Name m m m g/t
TR-05 0 1.6 1.6 56.2 TR-05 52.72 54.73 2.01 34.9
TR-05 1.6 3.52 1.92 58.1 TR-05 54.73 56.96 2.24 34.4
TR-05 3.52 5.45 1.92 63.3 TR-05 56.96 58.96 2 28.4
TR-05 5.45 7.22 1.77 58.4 TR-05 58.96 60.93 1.96 34.3
TR-05 7.22 9.11 1.89 49.5 TR-05 60.93 63.16 2.23 40.3
TR-05 9.11 13.2 4.09 93.1 TR-05 63.16 65.37 2.21 49.5
TR-05 13.2 15.22 2.03 61.1 TR-05 65.37 67.28 1.91 54
TR-05 15.22 17.3 2.08 97.7 TR-05 67.28 69.39 2.1 65.7
TR-05 17.3 19.22 1.93 39.7 TR-05 69.39 71.45 2.07 96.3
TR-05 19.22 21.02 1.8 1 TR-05 71.45 73.44 1.99 98
TR-05 21.02 22.9 1.88 1.6 TR-05 73.44 75.65 2.21 66.2
20
TR-05 21.02 22.9 1.88 1.6 TR-05 73.44 75.65 2.21 66.2
TR-05 22.9 25.08 2.17 22.1 TR-05 75.65 77.91 2.26 69.1
TR-05 25.08 26.88 1.8 20.3 TR-05 77.91 80.38 2.47 59.8
TR-05 26.88 28.76 1.88 36.6 TR-05 80.38 82.76 2.37 52.8
TR-05 28.76 30.83 2.07 11.4 TR-05 82.76 85.02 2.26 34.3
TR-05 30.83 32.76 1.93 7.8 TR-05 85.02 87.32 2.31 136.9
TR-05 32.76 34.76 1.99 14.3 TR-05 87.32 89.21 1.89 98.8
TR-05 34.76 36.74 1.98 32.9 TR-05 89.21 91.23 2.02 65.6
TR-05 36.74 38.74 2.01 21.4 TR-05 91.23 93.27 2.04 46.8
TR-05 38.74 40.65 1.91 12.7 TR-05 93.27 95.27 1.97 104.1
TR-05 40.65 42.78 2.12 34.4 TR-05 95.23 97.16 1.92 91.4
TR-05 42.78 44.83 2.06 38.8 TR-05 97.16 99.24 2.09 187.5
TR-05 44.83 46.59 1.75 38.9 TR-05 99.24 101.1 1.85 205.5
TR-05 46.59 48.7 2.11 36.3 TR-05 101.1 102.67 1.57 165.5
TR-05 48.7 50.72 2.02 33.7 TR-05 102.67 104.63 1.96 199.2
TR-05 50.72 52.72 2 43.5 TR-05 104.63 106.63 2 92.8
………continued TR-05 106.63 108.49 1.86 95.6
Totals: 108.49 metres 62.4 g/t Ag
Appendix: Niñobamba South Zone, Trench 3
21
South Zone: Trench 3
29.6 m @ 119.3 g/t Ag
Appendix: Niñobamba South Zone, Trench 3 –
Continuous Disseminated Ag Mineralization
Sample 169:
1.96 metres
283 g/t Ag
Trench From To Interval Ag
Name m m m g/t
TR-03 84.39 86.33 1.94 14
TR-03 86.33 88.33 2 44.7
TR-03 88.33 90.29 1.97 64.4
TR-03 90.29 92.3 2.01 56.3
TR-03 92.3 94.3 1.99 247
TR-03 94.3 96.26 1.96 283
22
Sample 170:
1.93 metres
140.9 g/t Ag
TR-03 94.3 96.26 1.96 283
TR-03 96.26 98.18 1.93 140.9
TR-03 98.18 100.17 1.99 228
TR-03 100.17 102.12 1.95 207
TR-03 102.12 104.08 1.96 357
TR-03 104.08 106.06 1.98 51.6
TR-03 106.06 108.02 1.96 69.4
TR-03 108.02 110.01 1.99 5.8
TR-03 110.01 112.01 2 19.6
TR-03 112.01 114 1.99 7.4
Totals: 29.62 metres 119.33 g/t Ag
Appendix: Niñobamba –
Project Location, Peru
23
 484 kilometres asphalted road from Lima followed by 7 km gravel and dirt road to
project. Excellent Access. Daily flights to Lima from Ayacucho.
 67 km asphalt and 7 km gravel and dirt road from Ayacucho.

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Rio Silver Presentation - RYO.V - September 2019

  • 1. TSX.V: RYO www.riosilverinc.com Gold and Silver Exporation in Peru, September 2019
  • 2. Forward Looking Statements Certain information presented, including discussions of future plans and operations, contains forward-looking statements involving substantial known and unknown risks and uncertainties. These forward-looking statements are subject to risk and uncertainty, many of which are beyond control of company management. These may include, but are not limited to the influence of general economic conditions, industry conditions, fluctuations of commodity prices and foreign exchange rate conditions, prices, rates, environmental risk, industry competition, availability of qualified staff and management, stock market volatility, timely and cost effective access to sufficient working capital or financing from internal and external sources. Actual results, performance, or achievement may differ materially from thosesources. Actual results, performance, or achievement may differ materially from those expressed or implied by these forward looking statements. We do not assume any obligation to update any forward-looking statements. The Company has not completed work supervised by a qualified person and may not complete the work to verify the results of historic exploration nor has a qualified person verified information for adjacent properties and that information is not necessarily indicative of the mineralization on the property that is the subject of this presentation. Technical information in this presentation has been prepared by Rio Silver Inc. and has been reviewed by Jeff Reeder, P.Geo., President and CEO, and non-Independent Qualified Person for the Company. 2
  • 3. Directors and Management Edward J Badida, C.A. Director • Professional accountant with over 40 years of financial management and corporate governance experience • Currently a Director of Patagonia Gold Plc Steve Brunelle, B.Sc. Chairman • 35 years of experience in mineral exploration throughout the Americas • Former Officer and Director of Corner Bay Silver Inc. which was acquired by Pan American Silver Inc. • Currently a Director/Officer of several TSX.V companies Chris Verrico, Director 3 • extensive northern rural-remote infrastructure construction and contract mining experience throughout BC and Yukon including Alaska and Nunavut • Ex-Director of a dozen Jr. start-up companies, most becoming public, managing exploration projects in N. America, Mexico and throughout western South America and currently director of Four Nines Gold Inc. Richard Mazur, MBA and ICD.D, Director • Chairman, Co-Founder and past Managing Director of RLG International Inc. Jeffrey J Reeder, P. Geo., President and CEO, Director • Professional geologist with over 20 years of experience in Peru Christopher Hopton, CGA, CFO • Over 25 years experience in senior accounting and financial roles, currently the CFO of Sirona Biochem
  • 4. Capital Structure Rio Silver Inc. Officers Capital Structure Ticker TSX-V: RYO Share Price (Sep 4, 2019) C$0.04 4 Rio Silver Inc. Officers and Directors control 30% of Rio Silver outstanding common shares 52-Week Share Price Range C$0.03 - C$0.05 Issued and Outstanding 42,859,944 Options 560,000 Warrants 1,050,000 Market Cap at Sep 4, 2019 $1,714,397
  • 5. Niñobamba Gold - Silver Project, Peru • High Sulphidation epithermal Au – Ag targets: Drill Ready • 6 mineral concessions covering 4,480 ha • 9,743m of historical drilling and extensive geological database across property • Exploration expenditures of over $US8.5M by Rio Silver and historical operators 5 • Exploration expenditures of over $US8.5M by Rio Silver and historical operators • Property acquired through staking 3 concessions and purchase of 3 concessions from Newmont. • Historic drilling intersected significant lengths of silver mineralization including 130m of 2.55oz/t Ag in Niñobamba Main and 72.3m of 1.19g/t Au in Jorimina • Rio Silver recent work identified new gold zone unrecognized by previous operators including Trench 1 - 56m @ 1.03 g/t Au, 98.9 g/t Ag and Trench 4 – ends in 21.77m @ 1.32 g/t Au, 102.46 g/t Ag and still open
  • 6. Epithermal Prospective Area + Micoene Volcanic Arcs Select High Sulphidation Mine or Deposit Select Peruvian Au-Ag High Sulphidation Deposits, their Production Figures, and Niñobamba Project Location 6 Mine or Deposit Sources: Various Company websites, annual reports, and publications. Modified from: Cardozo, 2006; Hedenquist, 2012; Acosta et al., 2013. *indicates Ag production sold to Silver Wheaton
  • 7. Niñobamba Au-Ag Project – Over US$ 8.5M in Exploration • 4,480 hectares 100% held by Rio Silver • Original Dorita Primera concession and Plata 600 and 900 acquired by staking 7 • Located on margins of Nevado Portugesa volcanic dome • Explored and drilled with 44 holes by Anglo Gold, Bear Creek, and Newmont • Rio Silver discovered vuggy silica outcrop in the Niñobamba Main Zone that was not recognized by previous operators • Excellent infrastructure and located 7km off of asphalted national highway and 74km from Ayacucho with daily flights to Lima staking • Chanca 908 to 910 Acquired from Newmont for a small payment + 2% NSR
  • 8. Niñobamba Main Zone - Aerial View Looking Southeast 8 Potential accumulation of Au rich colluvium
  • 9. Niñobamba Main Zone – Rio Silver Trenches and Historic Drill Locations North Zone: Two distinct mineralized zones exposed over a 400 m strike length open in both directions. 9 both directions. South Zone: potential strike length exceeds 1000 metres.
  • 10. Niñobamba Main Zone - Vuggy Silica Discovery, Not Yet Drill Tested 10
  • 11. Niñobamba Au-Ag Project – Conceptual Model AN-01 11 JR-03 Vuggy Silica (1.24 g/t Au + 35.2 g/t Ag) JR-04 Vuggy Silica (1.56 g/t Au + 56.2 g/t Ag)
  • 12. Niñobamba Au-Ag Project – Jormina Zone Historic Work and Au-Ag Anomalies in Rock Jorimina NE High Grade Au-Ag in Surface Rock Samples Red Cliff Red Zone • 4,377m of diamond drilling in Jorimina Zone • Au-Ag-Zn-Pb mineralization • Strong IP chargeability anomalies Jorimina Central Drill hole JM1 Highlights 72.3m of 1.19 g/t Au from 53.1m 24.6m of 1.07 g/t Au from 184.75m
  • 13. Example High Sulphidation Au - Ag Projects in Peru High Sulphidation Epithermal Au – Ag Deposits Target Low Cost, High Tonnage Operations with Long Mine Life Corihuarmi, 5000m above sea level (Minera IRL): • built for $20 million and capital investment recovered during first year of production • started production March 2008 and up to March 2017 has produced 280,184.46 ounces of gold 13 280,184.46 ounces of gold • gold production projected over 24,000 ounces for 2017, an average of 21,000 ounces per annum for the 3 year period through 2020 Anabi, 4600m asl (Aruntani SAC): • five year mining plan (2009) totalling 13,424,062 tonnes averaging 0.52g/t Au for 242,982oz • 2012 production was 4,958,471 tonnes for 56,303 oz Au and 15,297 oz Ag Quicay, 4400m asl (Minera Centauro): • ore production during Quicay operational mine life (2002-2011) reached 600,000 ounces of gold Sources: Company websites and various publications.
  • 14. 40 University Ave. Suite 603 Toronto, ON, M5J 1T1 Tel: 416-479-9546 14 Tel: 416-479-9546 www.riosilverinc.com Chris Verrico Email: info@riosilverinc.com
  • 15. Appendix: Historic rock sample locations used for Au-Ag rock anomaly contours (generally >0.1 g/t Au and >2.5 ppm Ag). Note Ninobamba Main zone contours are adjusted to trench samples. Google Earth Images are Copyrighted. 15
  • 16. Appendix: Niñobamba North Zone, Trench 1 – Rock Saw Channel Sampling 16 North Zone: Trench 1 56m @ 1.03 g/t Au, 98.9 g/t Ag
  • 17. Appendix: Niñobamba North Zone, Trench 1 – Continuous Ag/Au Mineralization in Tertiary Volcaniclastics Gold-Silver From To Interval Au Ag Zone m m m g/t g/t TR-01 52 54 2 0.285 38.2 TR-01 54 56 2 1.625 204 TR-01 56 58 2 1.002 169.5 TR-01 58 60 2 0.479 11.7 TR-01 60 62 2 0.132 7.9 TR-01 62 64 2 3.3 153 TR-01 64 66 2 3.739 334 TR-01 66 68 2 2.301 249.4 TR-01 68 70 2 1.024 102.9 TR-01 70 72 2 0.669 88.4 Sample 31: 2 metres 1.002 g/t Au, 169.5 g/t Ag 17 TR-01 70 72 2 0.669 88.4 TR-01 72 74 2 0.019 8.6 TR-01 74 76 2 0.009 5.8 TR-01 76 78 2 0.016 7.1 TR-01 78 80 2 0.019 11.3 TR-01 80 82 2 1.141 136.1 TR-01 82 84 2 1.06 149.8 TR-01 84 86 2 3.806 326 TR-01 86 88 2 1.032 88.7 TR-01 88 90 2 0.978 77.6 TR-01 90 92 2 0.64 57.8 TR-01 92 94 2 0.833 79.3 TR-01 94 96 2 0.431 72.5 TR-01 96 98 2 0.821 93.6 TR-01 98 100 2 1.09 94.4 TR-01 100 102 2 0.3 32.6 TR-01 102 104 2 0.34 54.7 TR-01 104 106 2 1.36 71.4 TR-01 106 108 2 0.48 43.7 Totals: 56 metres 1.03 g/t Au 98.9 g/t Ag *Sample intervals as displayed are not surveyed. Sample 45: 2 metres 3.806 g/t Au, 326 g/t Ag
  • 18. Appendix: Niñobamba North Zone, Trench 4 – Ends in gold and silver mineralization Gold-Silver From To Interval Au Ag Zone m m m g/t g/t TR-04 26.48 29.73 3.25 0.03 54.6 TR-04 29.73 31.84 2.11 0.25 192.4 TR-04 31.84 34.9 3.06 0.32 108.4 TR-04 34.9 36.84 1.96 0.16 51.5 TR-04 36.84 39.43 2.59 0.12 84.4 TR-04 39.43 41.35 1.92 0.08 23.1 Totals: 14.89 metres 0.16 g/t Au 85.9 g/t Ag 18 Totals: 14.89 metres 0.16 g/t Au 85.9 g/t Ag TR-04 131.55 134.37 2.82 0.43 24.2 TR-04 134.37 136.46 2.09 1.06 74.5 TR-04 136.46 140.64 4.18 0.58 30.1 TR-04 140.64 142.99 2.35 0.4 61.3 TR-04 142.99 145.17 2.18 2.49 233.8 TR-04 145.17 147.43 2.26 2.6 239.9 TR-04 147.43 149.49 2.06 2.49 77.2 TR-04 149.49 151.38 1.89 2.42 194.4 TR-04 151.38 153.32 1.94 0.53 81.9 Totals: 21.77 metres 1.32 g/t Au 102.46 g/t Ag -and- Sample JR- 4: 1.561 g/t Au, 56.2 g/t Ag Ends in Mineralization
  • 19. Appendix: Niñobamba North Zone, Trench 5 19 North Zone: Trench 5 108m @ 62.4 g/t Ag
  • 20. Appendix: Niñobamba North Zone, Trench 5 – Continuous Disseminated Ag Mineralization Trench From To Interval Ag Trench From To Interval Ag Name m m m g/t Name m m m g/t TR-05 0 1.6 1.6 56.2 TR-05 52.72 54.73 2.01 34.9 TR-05 1.6 3.52 1.92 58.1 TR-05 54.73 56.96 2.24 34.4 TR-05 3.52 5.45 1.92 63.3 TR-05 56.96 58.96 2 28.4 TR-05 5.45 7.22 1.77 58.4 TR-05 58.96 60.93 1.96 34.3 TR-05 7.22 9.11 1.89 49.5 TR-05 60.93 63.16 2.23 40.3 TR-05 9.11 13.2 4.09 93.1 TR-05 63.16 65.37 2.21 49.5 TR-05 13.2 15.22 2.03 61.1 TR-05 65.37 67.28 1.91 54 TR-05 15.22 17.3 2.08 97.7 TR-05 67.28 69.39 2.1 65.7 TR-05 17.3 19.22 1.93 39.7 TR-05 69.39 71.45 2.07 96.3 TR-05 19.22 21.02 1.8 1 TR-05 71.45 73.44 1.99 98 TR-05 21.02 22.9 1.88 1.6 TR-05 73.44 75.65 2.21 66.2 20 TR-05 21.02 22.9 1.88 1.6 TR-05 73.44 75.65 2.21 66.2 TR-05 22.9 25.08 2.17 22.1 TR-05 75.65 77.91 2.26 69.1 TR-05 25.08 26.88 1.8 20.3 TR-05 77.91 80.38 2.47 59.8 TR-05 26.88 28.76 1.88 36.6 TR-05 80.38 82.76 2.37 52.8 TR-05 28.76 30.83 2.07 11.4 TR-05 82.76 85.02 2.26 34.3 TR-05 30.83 32.76 1.93 7.8 TR-05 85.02 87.32 2.31 136.9 TR-05 32.76 34.76 1.99 14.3 TR-05 87.32 89.21 1.89 98.8 TR-05 34.76 36.74 1.98 32.9 TR-05 89.21 91.23 2.02 65.6 TR-05 36.74 38.74 2.01 21.4 TR-05 91.23 93.27 2.04 46.8 TR-05 38.74 40.65 1.91 12.7 TR-05 93.27 95.27 1.97 104.1 TR-05 40.65 42.78 2.12 34.4 TR-05 95.23 97.16 1.92 91.4 TR-05 42.78 44.83 2.06 38.8 TR-05 97.16 99.24 2.09 187.5 TR-05 44.83 46.59 1.75 38.9 TR-05 99.24 101.1 1.85 205.5 TR-05 46.59 48.7 2.11 36.3 TR-05 101.1 102.67 1.57 165.5 TR-05 48.7 50.72 2.02 33.7 TR-05 102.67 104.63 1.96 199.2 TR-05 50.72 52.72 2 43.5 TR-05 104.63 106.63 2 92.8 ………continued TR-05 106.63 108.49 1.86 95.6 Totals: 108.49 metres 62.4 g/t Ag
  • 21. Appendix: Niñobamba South Zone, Trench 3 21 South Zone: Trench 3 29.6 m @ 119.3 g/t Ag
  • 22. Appendix: Niñobamba South Zone, Trench 3 – Continuous Disseminated Ag Mineralization Sample 169: 1.96 metres 283 g/t Ag Trench From To Interval Ag Name m m m g/t TR-03 84.39 86.33 1.94 14 TR-03 86.33 88.33 2 44.7 TR-03 88.33 90.29 1.97 64.4 TR-03 90.29 92.3 2.01 56.3 TR-03 92.3 94.3 1.99 247 TR-03 94.3 96.26 1.96 283 22 Sample 170: 1.93 metres 140.9 g/t Ag TR-03 94.3 96.26 1.96 283 TR-03 96.26 98.18 1.93 140.9 TR-03 98.18 100.17 1.99 228 TR-03 100.17 102.12 1.95 207 TR-03 102.12 104.08 1.96 357 TR-03 104.08 106.06 1.98 51.6 TR-03 106.06 108.02 1.96 69.4 TR-03 108.02 110.01 1.99 5.8 TR-03 110.01 112.01 2 19.6 TR-03 112.01 114 1.99 7.4 Totals: 29.62 metres 119.33 g/t Ag
  • 23. Appendix: Niñobamba – Project Location, Peru 23  484 kilometres asphalted road from Lima followed by 7 km gravel and dirt road to project. Excellent Access. Daily flights to Lima from Ayacucho.  67 km asphalt and 7 km gravel and dirt road from Ayacucho.