Los Pumas

Property Geology

Los Pumas consists of a 4 by 6 km alteration zone associated to the contact between Permian granites and Carboniferous metasediments. Abundant felsic and mafic dykes of unknown age crosscut the two mentioned lithologies.

At least five clusters of mineralization have been found showing different styles such as quartz-tourmaline veins/breccias, sheeted quartz veinlets hosted by granite, and discrete high-grade structures in metasediments. The alteration observed includes sericite, K-Feldspar, tourmaline, magnetite and carbonate, associated with sulfides such as pyrite, chalcopyrite, arsenopyrite, and tetrahedrite.

Current surface sampling shows values of up to 103 g/t Au, 2,650 g/t Ag, and 2.9% Cu. In Q4 2021 the company performed trenching in different zones of the project and collected continuous channel samples that returned encouraging values such as 35.2 m @ 0.71 g/t AuEq (19.93 g/t Ag, 0.067 g/t Au, 0.29% Cu) in trench 9; 31.4 m @ 0.3 g/t AuEq (5.7 g/t Ag, 0.015 g/t Au, 0.16% Cu) in trench 8; and 33.4 m @ 0.35 g/t AuEq (15.45 g/t Ag, 0.032 g/t Au, 0.072%Cu, 86 ppm Mo) in trench 12; all of them from the Pumas main zone.