Banderas Project

Summary

  • Large caldera and rhyolite dome complex with gold-silver rich epithermal veins and breccias extending over 9km2
  • Escobal style targets where Banderas veins are predicted to merge
  • Brecciated dome margin targets at Zapote
  • High-grade mineralization in multiple drill intercepts
  • Including 1.5 m @ 70 g/t gold and 516 g/t silver, and 6.7 m @ 4 g/t gold and 70 g/t silver
  • Historic drilling is limited shallow holes
  • 49 holes , <7500 meters, tested less than 200 vertical meters

Vein zone-predicted to converge at depth

Vein zone-Alteration and geological studies indicate deep source

Escobal comparison

Zapote target

brecciated margin of the large Banderas Rhyolite dome, mostly covered by rubble and slope deposits

Zapote

3.5km strike length gold silver geochemical target - undrilled