METALLURGICAL LABORATORY

DATE: October 31, 2018

SAMPLE Muestras compósito Octubre
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.88 0.019 0.09 4 3.83 0.09
ROSCV TAIL 0.12 0.006 0.02 1 3.56 0.03
CLEANER SCAVENGER 0.33 0.011 0.08 2 3.61 0.03
CONCENTRATE 36.50 0.870 3.58 163 15.65 0.27 20.54

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 52.4 3.6 0.230 0.0070 0.030 1.0 1.68 0.05 0.12 0.00 0.00 0.00 0.88 0.03
-600
+425 m 40 425 92.1 6.4 0.230 0.0070 0.030 1.0 2.01 0.04 0.21 0.01 0.00 0.00 1.85 0.04
-425
+150 m 50 300 104.2 7.2 0.250 0.0070 0.040 1.0 2.86 0.04 0.26 0.01 0.00 0.00 2.98 0.04
-300
+212 m 70 212 126.4 8.8 0.330 0.0090 0.040 1.0 3.60 0.05 0.42 0.01 0.00 0.00 4.55 0.06
-212
+150 m 100 150 119.4 8.3 0.600 0.0130 0.050 2.0 4.26 0.07 0.72 0.02 0.00 0.00 5.09 0.08
-150
+106 m 140 106 104.9 7.3 0.990 0.0170 0.070 4.0 4.69 0.08 1.04 0.02 0.00 0.00 4.92 0.08
-106
+75 m 200 75 86.0 6.0 1.290 0.0220 0.090 5.0 4.96 0.09 1.11 0.02 0.00 0.00 4.26 0.08
-75
+53 m 270 53 81.9 5.7 1.390 0.0250 0.100 6.0 5.08 0.09 1.14 0.02 0.00 0.00 4.16 0.07
-53
+38 m 400 38 54.2 3.8 1.470 0.0270 0.100 7.0 5.26 0.10 0.80 0.01 0.00 0.00 2.85 0.05
-38 - m 400 617.0 42.9 1.060 0.0260 0.130 5.0 4.19 0.13 6.54 0.16 0.00 0.00 25.85 0.80
Calculated 1438.3 100.0 0.859 0.0192 0.089 3.8 3.99 0.09 12.35 0.28 0.00 0.01 57.39 1.34
Analyzed 0.880 0.0190 0.090 4.0 3.83 0.09
K80 271
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.0 1.3 1.2 1.0 1.5 2.0 96 99.0
1.7 2.3 2.2 1.7 3.2 2.7 90 97.3
2.1 2.6 3.2 1.9 5.2 3.1 83 95.2
3.4 4.1 3.9 2.3 7.9 4.7 74 91.8
5.8 5.6 4.6 4.4 8.9 6.2 66 86.0
8.4 6.4 5.7 7.7 8.6 6.2 58 77.6
9.0 6.8 6.0 7.9 7.4 5.8 52 68.6
9.2 7.4 6.4 9.1 7.2 5.5 47 59.4
6.5 5.3 4.2 7.0 5.0 4.0 43 53.0
53.0 58.0 62.5 56.9 45.0 59.7 0 0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: November 30, 2018

SAMPLE Muestras compósito Agosto
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 1.08 0.022 0.11 6 4.74 0.09
ROSCV TAIL 0.14 0.006 0.03 1 4.51 0.04
CLEANER SCAVENGER 0.53 0.013 0.12 5 4.40 0.11
CONCENTRATE 41.32 0.732 3.38 209 14.03 0.22 15.76

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 93.5 5.7 0.260 0.0070 0.01 1.0 2.89 0.05 0.24 0.01 0.00 0.00 2.70 0.05
-600
+425 m 40 425 106.6 6.5 0.280 0.0090 0.060 1.0 3.78 0.06 0.30 0.01 0.00 0.00 4.03 0.06
-425
+150 m 50 300 124.3 7.6 0.370 0.0080 0.040 2.0 5.15 0.07 0.46 0.01 0.00 0.00 6.40 0.09
-300
+212 m 70 212 141.3 8.7 0.570 0.0100 0.050 3.0 5.36 0.06 0.81 0.01 0.00 0.00 7.57 0.08
-212
+150 m 100 150 140.5 8.6 1.010 0.0140 0.080 5.0 5.70 0.07 1.42 0.02 0.00 0.00 8.01 0.10
-150
+106 m 140 106 126.3 7.8 1.400 0.0170 0.090 7.0 5.92 0.08 1.77 0.02 0.00 0.00 7.48 0.10
-106
+75 m 200 75 105.4 6.5 1.660 0.0210 0.150 8.0 5.93 0.09 1.75 0.02 0.00 0.00 6.25 0.09
-75
+53 m 270 53 127.4 7.8 1.740 0.0230 0.160 9.0 6.71 0.11 2.22 0.03 0.00 0.00 8.55 0.14
-53
+38 m 400 38 76.9 4.7 1.650 0.0220 0.150 8.0 6.78 0.10 1.27 0.02 0.00 0.00 5.21 0.08
-38 - m 400 586.5 36.0 1.230 0.0280 0.170 8.0 4.68 0.17 7.21 0.16 0.00 0.00 27.45 1.00
Calculated 1628.7 100.0 1.071 0.0193 0.116 6.0 5.14 0.11 17.44 0.31 0.00 0.01 83.65 1.79
Analyzed 1.080 0.0220 0.110 6.0 4.74 0.09
K80 299
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.4 2.1 0.5 1.0 3.2 2.6 94 98.6
1.7 3.1 3.4 1.1 4.8 3.6 88 96.9
2.6 3.2 2.6 2.5 7.7 4.9 80 94.3
4.6 4.5 3.7 4.3 9.1 4.7 71 89.6
8.1 6.3 5.9 7.2 9.6 5.5 63 81.5
10.1 6.8 6.0 9.1 8.9 5.6 55 71.4
10.0 7.0 8.3 8.6 7.5 5.3 49 61.3
12.7 9.3 10.8 11.7 10.2 7.8 41 48.6
7.3 5.4 6.1 6.3 6.2 4.3 36 41.4
41.4 52.3 52.6 48.1 32.8 55.7 0 0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: December 31, 2018

SAMPLE Muestras compósito Diciembre
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.97 0.022 0.14 5 4.73 0.13
ROSCV TAIL 0.14 0.006 0.03 1 4.20 0.05
CLEANER SCAVENGER 0.41 0.014 0.10 4 4.33 0.13
CONCENTRATE 39.02 0.915 3.94 200 14.30 0.31 16.17

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 123.1 6.5 0.240 0.0060 0.030 1.0 1.90 0.04 0.30 0.01 0.00 0.00 2.34 0.05
-600
+425 m 40 425 135.7 7.1 0.260 0.0070 0.030 1.0 2.73 0.05 0.35 0.01 0.00 0.00 3.71 0.07
-425
+150 m 50 300 145.6 7.6 0.310 0.0080 0.040 1.0 3.68 0.05 0.45 0.01 0.00 0.00 5.36 0.07
-300
+212 m 70 212 169.9 8.9 0.470 0.0110 0.060 2.0 4.50 0.06 0.80 0.02 0.00 0.00 7.64 0.10
-212
+150 m 100 150 165.6 8.7 0.820 0.0150 0.060 4.0 4.86 0.07 1.36 0.02 0.00 0.00 8.05 0.12
-150
+106 m 140 106 142.1 7.5 1.200 0.0200 0.090 6.0 5.17 0.08 1.70 0.03 0.00 0.00 7.34 0.11
-106
+75 m 200 75 119.2 6.3 1.440 0.0250 0.100 7.0 5.26 0.09 1.72 0.03 0.00 0.00 6.27 0.11
-75
+53 m 270 53 147.0 7.7 1.570 0.0280 0.120 8.0 5.41 0.09 2.31 0.04 0.00 0.00 7.95 0.13
-53
+38 m 400 38 108.0 5.7 1.690 0.0300 0.140 8.0 5.76 0.11 1.83 0.03 0.00 0.00 6.22 0.12
-38 - m 400 649.4 34.1 1.190 0.0300 0.160 8.0 4.94 0.17 7.73 0.19 0.00 0.01 32.08 1.10
Calculated 1905.5 100.0 0.973 0.0209 0.102 5.4 4.56 0.10 18.54 0.40 0.00 0.01 86.96 1.98
Analyzed 0.970 0.0220 0.140 5.0 4.73 0.13
K80 318
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.6 1.9 1.9 1.2 2.7 2.5 94 98.4
1.9 2.4 2.1 1.3 4.3 3.4 86 96.5
2.4 2.9 3.0 1.4 6.2 3.7 79 94.1
4.3 4.7 5.2 3.3 8.8 5.1 70 89.8
7.3 6.2 5.1 6.4 9.3 5.8 61 82.4
9.2 7.1 6.6 8.3 8.4 5.7 54 73.2
9.3 7.5 6.1 8.1 7.2 5.4 47 64.0
12.4 10.3 9.0 11.4 9.1 6.7 40 51.5
9.8 8.1 7.8 8.4 7.2 6.0 34 41.7
41.7 48.9 53.3 50.3 36.9 55.7 0 0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: January 30, 2019

SAMPLE Muestras compósito Enero
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.91 0.038 0.09 5 4.65 0.09 77.08
ROSCV TAIL 0.12 0.007 0.02 1 4.27 0.03 79.34
CLEANER SCAVENGER 0.30 0.015 0.09 3 4.49 0.08 73.91
CONCENTRATE 39.58 1.043 3.25 203 15.93 0.23 16.18

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 45.5 4.5 0.220 0.007 0.020 1.0 2.10 0.04 0.10 0.00 0.00 0.00 0.95 0.02
-600
+425 m 40 425 75.3 7.5 0.220 0.009 0.020 1.0 2.89 0.04 0.17 0.01 0.00 0.00 2.18 0.03
-425
+150 m 50 300 70.1 7.0 0.270 0.010 0.030 1.0 3.74 0.05 0.19 0.01 0.00 0.00 2.62 0.04
-300
+212 m 70 212 93.4 9.3 0.420 0.014 0.040 2.0 4.36 0.06 0.39 0.01 0.00 0.00 4.07 0.06
-212
+150 m 100 150 98.7 9.9 0.750 0.018 0.110 4.0 4.88 0.08 0.74 0.02 0.00 0.00 4.82 0.08
-150
+106 m 140 106 74.9 7.5 1.080 0.025 0.090 6.0 5.13 0.09 0.81 0.02 0.00 0.00 3.84 0.07
-106
+75 m 200 75 66.9 6.7 1.360 0.029 0.190 7.0 5.55 0.10 0.91 0.02 0.00 0.00 3.71 0.07
-75
+53 m 270 53 91.6 9.2 1.540 0.033 0.140 9.0 5.84 0.10 1.41 0.03 0.00 0.00 5.35 0.09
-53
+38 m 400 38 24.3 2.4 1.660 0.029 0.100 8.0 5.97 0.10 0.40 0.01 0.00 0.00 1.45 0.02
-38 - m 400 359.3 35.9 1.250 0.037 0.160 7.0 4.99 0.15 4.49 0.13 0.00 0.00 17.93 0.54
Calculated 1000.0 100.0 0.961 0.026 0.111 5.2 4.69 0.10 9.61 0.26 0.00 0.01 46.93 1.01
Analyzed 0.910 0.038 0.090 5.0 4.65 0.09
K80 290
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.0 1.2 0.8 0.9 2.0 1.8 95 99.0
1.7 2.6 1.4 1.4 4.6 3.0 88 97.2
2.0 2.7 1.9 1.3 5.6 3.5 81 95.3
4.1 5.1 3.4 3.6 8.7 5.6 72 91.2
7.7 6.9 9.8 7.6 10.3 7.8 62 83.5
8.4 7.3 6.1 8.6 8.2 6.7 54 75.1
9.5 7.6 11.4 9.0 7.9 6.6 48 65.6
14.7 11.8 11.5 15.8 11.4 9.1 38 50.9
4.2 2.8 2.2 3.7 3.1 2.4 36 46.7
46.7 51.9 51.6 48.1 38.2 53.5 0 0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: February 28, 2019

SAMPLE Muestras compósito Enero
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.73 0.020 0.07 3 3.92 0.07
ROSCV TAIL 0.08 0.005 0.02 1 3.64 0.03
CLEANER SCAVENGER 0.24 0.009 0.05 2 4.06 0.07
CONCENTRATE 34.84 0.990 3.00 162 17.26 0.22 16.71

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 97.8 4.8 0.180 0.006 0.010 1.0 1.95 0.04 0.18 0.01 0.00 0.00 1.91 0.04
-600
+425 m 40 425 156.5 7.7 0.190 0.006 0.020 1.0 2.42 0.03 0.30 0.01 0.00 0.00 3.79 0.05
-425
+150 m 50 300 146.4 7.2 0.210 0.007 0.020 1.0 2.98 0.03 0.31 0.01 0.00 0.00 4.36 0.04
-300
+212 m 70 212 191.2 9.4 0.290 0.007 0.020 1.0 3.40 0.04 0.55 0.01 0.00 0.00 6.50 0.08
-212
+150 m 100 150 176.7 8.7 0.490 0.010 0.030 2.0 3.89 0.05 0.87 0.02 0.00 0.00 6.87 0.09
-150
+106 m 140 106 152.5 7.5 0.740 0.014 0.050 3.0 4.13 0.07 1.13 0.02 0.00 0.00 6.30 0.11
-106
+75 m 200 75 134.9 6.6 0.990 0.018 0.070 4.0 4.53 0.08 1.34 0.02 0.00 0.00 6.11 0.11
-75
+53 m 270 53 148.7 7.3 1.150 0.021 0.070 4.0 4.80 0.09 1.71 0.03 0.00 0.00 7.14 0.13
-53
+38 m 400 38 95.8 4.7 1.360 0.029 0.090 6.0 5.50 0.10 1.30 0.03 0.00 0.00 5.27 0.10
-38 - m 400 -38 728.8 35.9 0.960 0.027 0.160 4.0 4.60 0.12 7.00 0.20 0.00 0.00 33.52 0.87
Calculated 2029.1 100.0 0.723 0.018 0.083 3.0 4.03 0.08 14.67 0.36 0.00 0.01 81.76 1.61
Analyzed 0.730 0.020 0.070 3.0 3.92 0.07
K80 297
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.2 1.6 0.6 1.6 2.3 2.4 95 98.8
2.0 2.6 1.9 2.6 4.6 2.9 87 96.8
2.1 2.9 1.7 2.4 5.3 2.7 80 94.7
3.8 3.7 2.3 3.2 7.9 4.7 71 90.9
5.9 4.9 3.1 5.9 8.4 5.5 62 85.0
7.7 6.0 4.5 7.6 7.7 6.6 55 77.3
9.1 6.8 5.6 9.0 7.5 6.7 48 68.2
11.7 8.7 6.2 9.9 8.7 8.3 41 56.6
8.9 7.8 5.1 9.5 6.4 5.9 36 47.7
47.7 55.0 69.1 48.4 41.0 54.2 0 0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: March 31, 2019

SAMPLE Muestras compósito Marzo
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.75 0.019 0.07 4 4.10 0.08
ROSCV TAIL 0.09 0.004 0.02 1 3.77 0.02
CLEANER SCAVENGER 0.30 0.010 0.07 2 4.14 0.06
CONCENTRATE 36.47 0.829 3.10 159 17.35 0.34 16.32

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 67.0 4.0 0.190 0.007 0.020 1.0 1.89 0.03 0.13 0.00 0.00 0.00 1.27 0.02
-600
+425 m 40 425 112.7 6.8 0.200 0.006 0.020 1.0 2.27 0.04 0.23 0.01 0.00 0.00 2.56 0.05
-425
+150 m 50 300 123.7 7.5 0.220 0.007 0.020 1.0 2.89 0.04 0.27 0.01 0.00 0.00 3.58 0.05
-300
+212 m 70 212 143.9 8.7 0.300 0.008 0.030 2.0 3.38 0.05 0.43 0.01 0.00 0.00 4.86 0.07
-212
+150 m 100 150 142.0 8.6 0.530 0.011 0.040 2.0 3.87 0.07 0.75 0.02 0.00 0.00 5.50 0.10
-150
+106 m 140 106 121.4 7.3 0.800 0.014 0.050 3.0 4.27 0.09 0.97 0.02 0.00 0.00 5.18 0.11
-106
+75 m 200 75 119.2 7.2 0.990 0.018 0.060 4.0 4.55 0.10 1.18 0.02 0.00 0.00 5.42 0.12
-75
+53 m 270 53 117.0 7.1 1.360 0.022 0.110 6.0 5.16 0.03 1.59 0.03 0.00 0.00 6.04 0.04
-53
+45 m 325 45 61.7 3.7 1.330 0.017 0.100 5.0 4.88 0.03 0.82 0.01 0.00 0.00 3.01 0.02
-45
+38 m 400 38 24.7 1.5 1.320 0.015 0.100 6.0 4.94 0.04 0.33 0.00 0.00 0.00 1.22 0.01
-38 - m 400 -38 626.0 37.7 1.000 0.028 0.060 5.0 4.76 0.14 6.26 0.18 0.00 0.00 29.80 0.88
Calculated 1659.3 100.0 0.781 0.018 0.053 3.6 4.12 0.09 12.96 0.30 0.00 0.01 68.43 1.45
Analyzed 0.750 0.019 0.070 4.0 4.10 0.08
K80 281
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.0 1.6 1.5 1.1 1.8 1.4 96 99.0
1.7 2.2 2.6 1.9 3.7 3.1 89 97.3
2.1 2.9 2.8 2.1 5.2 3.4 82 95.2
3.3 3.8 4.9 4.8 7.1 4.9 73 91.8
5.8 5.2 6.4 4.7 8.0 6.8 64 86.0
7.5 5.6 6.9 6.1 7.6 7.5 57 78.5
9.1 7.1 8.1 7.9 7.9 8.2 50 69.4
12.3 8.6 14.6 11.7 8.8 2.4 43 57.2
6.3 3.5 7.0 5.1 4.4 1.3 39 50.8
2.5 1.2 2.8 2.5 1.8 0.7 38 48.3
48.3 58.3 42.5 52.1 43.5 60.3 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: April 30, 2019

SAMPLE Muestras compósito Abril
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.78 0.017 0.10 3 4.40 0.11
ROSCV TAIL 0.10 0.004 0.02 <1 4.00 0.02
CLEANER SCAVENGER 0.30 0.008 0.10 2 4.24 0.07
CONCENTRATE 37.55 0.643 3.64 178 16.16 0.26 15.29

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 58.1 3.8 0.200 0.007 0.020 1.0 1.86 0.04 0.12 0.00 0.00 0.00 1.08 0.02
-600
+425 m 40 425 95.3 6.2 0.200 0.007 0.020 1.0 2.30 0.03 0.19 0.01 0.00 0.00 2.19 0.03
-425
+150 m 50 300 111.1 7.2 0.220 0.007 0.030 1.0 2.98 0.04 0.24 0.01 0.00 0.00 3.31 0.04
-300
+212 m 70 212 134.7 8.8 0.320 0.008 0.040 1.0 3.60 0.05 0.43 0.01 0.00 0.00 4.85 0.07
-212
+150 m 100 150 138.3 9.0 0.550 0.009 0.050 2.0 4.19 0.06 0.76 0.01 0.00 0.00 5.79 0.08
-150
+106 m 140 106 119.2 7.7 0.850 0.013 0.070 3.0 4.57 0.08 1.01 0.02 0.00 0.00 5.45 0.10
-106
+75 m 200 75 103.8 6.7 1.120 0.015 0.080 4.0 4.94 0.09 1.16 0.02 0.00 0.00 5.13 0.09
-75
+53 m 270 53 146.6 9.5 1.360 0.020 0.100 6.0 5.37 0.02 1.99 0.03 0.00 0.00 7.87 0.03
-53
+45 m 325 45 16.1 1.0 1.150 0.019 0.100 4.0 4.77 0.03 0.19 0.00 0.00 0.00 0.77 0.00
-45
+38 m 400 38 23.3 1.5 1.170 0.015 0.090 4.0 4.91 0.03 0.27 0.00 0.00 0.00 1.15 0.01
-38 - m 400 -38 592.2 38.5 0.990 0.022 0.140 4.0 4.72 0.15 5.86 0.13 0.00 0.00 27.95 0.89
Calculated 1538.6 100.0 0.795 0.016 0.089 3.2 4.26 0.09 12.23 0.24 0.00 0.00 65.54 1.36
Analyzed 0.780 0.017 0.100 3.0 4.40 0.11
K80 269 CABEZA
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
0.9 1.7 0.8 1.2 1.6 1.7 96 99.1
1.6 2.8 1.4 2.0 3.3 2.1 90 97.5
2.0 3.3 2.4 2.3 5.1 3.3 83 95.5
3.5 4.5 3.9 2.8 7.4 4.9 74 92.0
6.2 5.2 5.1 5.7 8.8 6.1 65 85.8
8.3 6.5 6.1 7.4 8.3 7.0 57 77.5
9.5 6.5 6.1 8.6 7.8 6.8 51 68.0
16.3 12.3 10.7 18.1 12.0 2.1 41 51.7
1.5 1.3 1.2 1.3 1.2 0.4 40 50.2
2.2 1.5 1.5 1.9 1.7 0.5 38 47.9
47.9 54.5 60.7 48.8 42.6 65.1 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: May 31, 2019

SAMPLE Muestras compósito Mayo
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.81 0.019 0.09 4 4.41 0.08
ROSCV TAIL 0.11 0.006 0.02 1 4.26 0.03
CLEANER SCAVENGER 0.30 0.011 0.07 3 4.27 0.07
CONCENTRATE 38.88 0.779 3.30 186 15.44 0.29 15.90

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 91.8 6.1 0.220 0.007 0.020 1.0 1.84 0.04 0.20 0.01 0.00 0.00 1.69 0.04
-600
+425 m 40 425 100.2 6.7 0.225 0.006 0.030 1.0 2.52 0.03 0.23 0.01 0.00 0.00 2.53 0.03
-425
+150 m 50 300 105.1 7.0 0.250 0.006 0.040 1.0 3.34 0.04 0.26 0.01 0.00 0.00 3.51 0.04
-300
+212 m 70 212 124.7 8.3 0.330 0.008 0.030 1.0 4.04 0.04 0.41 0.01 0.00 0.00 5.04 0.05
-212
+150 m 100 150 122.0 8.1 0.570 0.010 0.050 2.0 4.45 0.07 0.70 0.01 0.00 0.00 5.43 0.09
-150
+106 m 140 106 108.2 7.2 0.860 0.014 0.070 4.0 4.76 0.08 0.93 0.02 0.00 0.00 5.15 0.09
-106
+75 m 200 75 92.9 6.2 1.120 0.017 0.080 5.0 5.14 0.09 1.04 0.02 0.00 0.00 4.77 0.08
-75
+53 m 270 53 110.7 7.4 1.230 0.020 0.090 5.0 5.39 0.09 1.36 0.02 0.00 0.00 5.96 0.10
-53
+45 m 325 45 86.7 5.8 1.380 0.022 0.100 6.0 5.84 0.10 1.20 0.02 0.00 0.00 5.06 0.09
-45
+38 m 400 38 12.5 0.8 0.950 0.018 0.130 4.0 5.07 0.08 0.12 0.00 0.00 0.00 0.64 0.01
-38 - m 400 -38 545.2 36.3 0.990 0.022 0.140 5.0 4.87 0.16 5.40 0.12 0.00 0.00 26.55 0.87
Calculated 1500.0 100.0 0.789 0.016 0.087 3.6 4.42 0.10 11.84 0.24 0.00 0.01 66.33 1.48
Analyzed 0.810 0.019 0.090 4.0 4.41 0.08
K80 298
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.7 2.7 1.4 1.7 2.5 2.5 94 98.3
1.9 2.6 2.3 1.9 3.8 2.0 87 96.4
2.2 2.7 3.2 1.9 5.3 2.8 80 94.2
3.5 4.2 2.9 2.3 7.6 3.4 72 90.7
5.9 5.2 4.7 4.5 8.2 5.8 64 84.8
7.9 6.4 5.8 8.0 7.8 5.8 57 77.0
8.8 6.7 5.7 8.6 7.2 5.6 50 68.2
11.5 9.4 7.6 10.2 9.0 6.7 43 56.7
10.1 8.1 6.6 9.6 7.6 5.8 37 46.6
1.0 1.0 1.2 0.9 1.0 0.7 36 45.6
45.6 51.0 58.5 50.4 40.0 58.8 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: June 30, 2019

SAMPLE Muestras compósito Junio
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.72 0.015 0.07 3 4.01 0.08
ROSCV TAIL 0.09 0.004 0.02 1 3.65 0.03
CLEANER SCAVENGER 0.24 0.006 0.07 2 4.05 0.07
CONCENTRATE 39.44 0.729 3.76 174 16.77 0.29 15.10

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 173.8 5.6 0.180 0.005 0.030 1.0 1.81 0.04 0.31 0.01 0.00 0.00 3.15 0.07
-600
+425 m 40 425 221.0 7.1 0.190 0.005 0.020 1.0 2.29 0.03 0.42 0.01 0.00 0.00 5.06 0.07
-425
+150 m 50 300 265.1 8.6 0.220 0.005 0.020 1.0 3.02 0.03 0.58 0.01 0.00 0.00 8.00 0.08
-300
+212 m 70 212 268.8 8.7 0.300 0.006 0.030 2.0 3.49 0.04 0.81 0.02 0.00 0.00 9.38 0.11
-212
+150 m 100 150 267.9 8.6 0.490 0.009 0.040 2.0 3.82 0.05 1.31 0.02 0.00 0.00 10.23 0.13
-150
+106 m 140 106 249.5 8.1 0.800 0.012 0.050 4.0 4.22 0.07 2.00 0.03 0.00 0.00 10.53 0.17
-106
+75 m 200 75 202.2 6.5 1.020 0.015 0.080 4.0 4.61 0.08 2.06 0.03 0.00 0.00 9.32 0.16
-75
+53 m 270 53 338.5 10.9 1.050 0.018 0.100 5.0 4.67 0.03 3.55 0.06 0.00 0.00 15.81 0.10
-53
+45 m 325 45 95.6 3.1 1.050 0.024 0.090 5.0 4.70 0.04 1.00 0.02 0.00 0.00 4.49 0.04
-45
+38 m 400 38 35.9 1.2 0.830 0.031 0.070 3.0 4.36 0.03 0.30 0.01 0.00 0.00 1.57 0.01
-38 - m 400 -38 979.7 31.6 0.930 0.021 0.120 5.0 4.55 0.09 9.11 0.21 0.00 0.00 44.58 0.88
Calculated 3098.0 100.0 0.69 0.014 0.07 3.5 3.94 0.06 21.46 0.43 0.00 0.01 122.12 1.83
Analyzed 0.72 0.015 0.07 3.0 4.01 0.08
K80 317
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.5 2.0 2.3 1.6 2.6 3.8 94 98.5
2.0 2.5 2.0 2.1 4.1 3.6 87 96.6
2.7 3.1 2.4 2.5 6.6 4.4 79 93.9
3.8 3.7 3.6 5.0 7.7 5.9 70 90.1
6.1 5.6 4.8 5.0 8.4 7.3 61 84.0
9.3 6.9 5.5 9.3 8.6 9.6 53 74.7
9.6 7.0 7.2 7.5 7.6 8.9 47 65.1
16.6 14.0 15.1 15.8 12.9 5.6 36 48.5
4.7 5.3 3.8 4.5 3.7 2.1 33 43.8
1.4 2.6 1.1 1.0 1.3 0.6 32 42.5
42.5 47.4 52.3 45.7 36.5 48.3 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: July 31, 2019

SAMPLE Muestras compósito Julio
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.75 0.015 0.08 4 3.82 0.07
ROSCV TAIL 0.09 0.003 0.02 1 3.44 0.02
CLEANER SCAVENGER 0.23 0.008 0.07 2 3.85 0.05
CONCENTRATE 38.06 0.684 3.73 178 15.94 0.24 16.75

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 104.7 5.1 0.190 0.006 0.030 1.0 1.66 0.03 0.20 0.01 0.00 0.00 1.74 0.03
-600
+425 m 40 425 150.8 7.4 0.200 0.006 0.030 1.0 2.11 0.03 0.30 0.01 0.00 0.00 3.18 0.05
-425
+150 m 50 300 189.8 9.3 0.210 0.006 0.030 1.0 2.71 0.03 0.40 0.01 0.00 0.00 5.14 0.06
-300
+212 m 70 212 164.7 8.1 0.300 0.006 0.030 1.0 3.22 0.03 0.49 0.01 0.00 0.00 5.30 0.05
-212
+150 m 100 150 172.0 8.4 0.480 0.009 0.040 2.0 3.54 0.04 0.83 0.02 0.00 0.00 6.09 0.07
-150
+106 m 140 106 155.6 7.6 0.750 0.012 0.210 3.0 3.85 0.06 1.17 0.02 0.00 0.00 5.99 0.09
-106
+75 m 200 75 138.2 6.8 1.050 0.015 0.080 5.0 4.27 0.07 1.45 0.02 0.00 0.00 5.90 0.10
-75
+53 m 270 53 226.6 11.1 1.270 0.019 0.230 6.0 4.73 0.07 2.88 0.04 0.00 0.00 10.72 0.16
-53
+45 m 325 45 52.6 2.6 0.860 0.021 0.070 4.0 3.86 0.09 0.45 0.01 0.00 0.00 2.03 0.05
-45
+38 m 400 38 23.3 1.1 0.840 0.022 0.050 4.0 4.33 0.10 0.20 0.01 0.00 0.00 1.01 0.02
-38 - m 400 -38 659.3 32.4 0.990 0.022 0.130 6.0 4.49 0.12 6.53 0.15 0.00 0.00 29.60 0.79
Calculated 2037.5 100.0 0.73 0.015 0.10 3.8 3.76 0.07 14.89 0.30 0.00 0.01 76.70 1.46
Analyzed 0.75 0.015 0.08 4.0 3.82 0.07
K80 323
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.3 2.1 1.5 1.4 2.3 2.1 95 98.7
2.0 3.1 2.1 2.0 4.1 3.1 87 96.6
2.7 3.9 2.7 2.5 6.7 3.9 78 94.0
3.3 3.3 2.3 2.1 6.9 3.4 70 90.6
5.5 5.2 3.3 4.4 7.9 4.7 62 85.1
7.8 6.3 15.4 6.0 7.8 6.4 54 77.3
9.7 7.0 5.2 8.9 7.7 6.6 47 67.5
19.3 14.6 24.6 17.6 14.0 10.8 36 48.2
3.0 3.7 1.7 2.7 2.6 3.2 33 45.2
1.3 1.7 0.6 1.2 1.3 1.6 32 43.8
43.8 49.0 40.5 51.2 38.6 54.1 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0
 METALLURGICAL LABORATORY

DATE: October 30, 2019

SAMPLE Muestras compósito Octubre
PURPOSE: Evaluación Metalúgica

Overall Analysis

Assay
Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Ins, %
FEED 0.94 0.014 0.11 5 4.52 0.08
ROSCV TAIL 0.09 0.003 0.02 1 4.20 0.02
CLEANER SCAVENGER 0.28 0.007 0.09 3 4.36 0.07
CONCENTRATE 39.17 0.564 3.97 193 15.76 0.25 17.04

Specific analysis

Chemical Analysis and Metallic Distribution - FEED

N° MALLA Apertura Weight Assay Metal Content, g
ASTM um Retainet Percent Cu, % Mo, % Au, ppm Ag, ppm Fe, % CuSAc, % Cu Mo Au Ag Fe CuSAc
+600 m 30 600 73.8 3.8 0.23 0.01 0.03 1.00 1.80 0.04 0.17 0.00 0.00 0.00 1.33 0.03
-600 m 40 425 121.9 6.2 0.23 0.01 0.03 1.00 2.53 0.03 0.28 0.01 0.00 0.00 3.08 0.04
+425
-425 m 50 300 151.7 7.8 0.26 0.01 0.04 1.00 3.33 0.03 0.39 0.01 0.00 0.00 5.05 0.05
+150
-300 m 70 212 217.1 11.1 0.35 0.01 0.05 2.00 3.96 0.04 0.76 0.01 0.00 0.00 8.60 0.09
+212
-212 m 100 150 200.5 10.3 0.62 0.01 0.06 3.00 4.44 0.05 1.24 0.02 0.00 0.00 8.90 0.10
+150
-150 m 140 106 168.2 8.6 1.05 0.01 0.09 5.00 5.01 0.06 1.77 0.02 0.00 0.00 8.43 0.10
+106
-106 m 200 75 123.6 6.3 1.42 0.02 0.13 6.00 5.27 0.06 1.75 0.02 0.00 0.00 6.51 0.07
+75
-75 m 270 53 189.9 9.7 1.43 0.02 0.15 8.00 4.90 0.03 2.72 0.04 0.00 0.00 9.31 0.06
+53
-53 m 325 45 65.5 3.3 1.67 0.02 0.15 8.00 5.39 0.03 1.09 0.01 0.00 0.00 3.53 0.02
+45
-45 m 400 38 62.6 3.2 1.36 0.02 0.16 6.00 4.53 0.04 0.85 0.01 0.00 0.00 2.83 0.03
+38
-38 - m 400 -38 579.67 29.7 1.12 0.02 0.18 6.00 4.87 0.11 6.49 0.11 0.00 0.00 28.23 0.64
Calculated 1954.4 100.0 0.90 0.013 0.11 4.5 4.39 0.06 17.52 0.26 0.00 0.01 85.80 1.21
Analyzed 0.94 0.014 0.11 5.0 4.52 0.08
K80 281
 Metal Distribution, %
Cu Mo Au Ag Fe CuSAc W Cu
1.0 1.4 1.0 0.8 1.5 2.4 96 99.0
1.6 2.3 1.7 1.4 3.6 3.0 90 97.4
2.3 2.9 2.8 1.7 5.9 3.8 82 95.2
4.3 5.0 5.0 4.9 10.0 7.2 71 90.8
7.1 6.9 5.5 6.8 10.4 8.3 61 83.7
10.1 7.7 6.9 9.5 9.8 8.3 52 73.7
10.0 7.1 7.3 8.4 7.6 6.1 46 63.7
15.5 13.8 13.0 17.1 10.8 4.7 36 48.2
6.2 5.5 4.5 5.9 4.1 1.6 33 41.9
4.9 5.3 4.6 4.2 3.3 2.1 30 37.1
37.1 42.1 47.7 39.2 32.9 52.6 0 0.0
100.0 100.0 100.0 100.0 100.0 100.0