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Toachi Mining

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In our opinion, Toachi represents one of the best high grade gold-copper-zinc opportunities we have ever seen in our careers. And the Toachi board and team have seen a lot!

Aktuell läuft ein 4000 meter drilling was im Q1/ 2017 zu Ende gestellt wird.

Etwa 100-120Mio an Ressourcen Wert hat man schon , nun erhofft man sich durch das aktuelle Drilling eine Verdoppelung der Ressourcen



Current Status
• Five targets have been generated by reprocessing gravity geophysics, including a 200m x
250m anomaly 200m east of the La Mina open pit.
• Drilling a 4,000m phase 1 program to confirm historic results and test new, priority

La Plata
The La Plata project is located about 100km west southwest of the capital city, Quito within
the western Occidental of central Ecuador. The terrain is rugged, elevations range from
1,100m to 1,700m. The project covers 2,300 Ha in two concessions that lie immediately
north of the Illiniza Ecological Reserve.

TIM has an option to earn a 60% interest in the project over a four year period by making
cash payments totaling US$2.0MM and spending $4.0MM on the property. The company
can earn an additional 5% by completing a feasibility study and if the company arranges
financing of up to US$60MM will earn an additional 5% or 10% if the financing exceeds
$60MM. Production will be subject to government royalties only.

La Plata is a gold-rich volcanogenic massive sulphide (VMS) deposit located in the hinge of
an anticlinal structure with a core of dacitic rocks and overlain by intermediate to mafic
volcanics. The lens has been defined by drilling along a 600m strike length, extends around
200m down dip. It is widest near the hinge of the fold structure averaging 5 to 6m in true
width and tapers to depth down the limb of the structure

Toachi generated a series of new, high-priority drill targets by reprocessing gravity
geophysical data. Of significance is a 200m x 250m untested target 200m east of the La Mina
open pit. In addition gravity highs extend to the north along strike of the drilling past the
Guatuza zone (Figure 15). Gravity is an effective tool for exploration of massive sulphides
due to the high density of the mineralized zones. Based on our review of the geology and
limited work completed to this point, we believe the potential to establish a high-grade
polymetallic resource and to make additional discoveries in this terrain to be excellent.


Shares issued and outstanding: 50,974,935

Kurs: 0,35 $

Kürzel: V.TIM



Jonathan Goodman und Peter Nixon, parallel auch Direktoren bzw sogar CEO bei Dundee


N43-101 Report


Aktuelle Webcast`s:


Toachi Mining finds new targets at La Plata

Mr. Nick Tintor reports


A program to reprocess historical gravity data has generated several new, untested exploration targets at Toachi Mining Inc.'s La Plata high-grade volcanogenic massive sulphide (VMS) gold-copper-silver-zinc project in Ecuador.

Historical gravity data

Toachi's staff, working with David McInnes, an Australian geophysicist and an authority on reprocessing and interpretation of gravity data, analyzed a gravity survey completed in 2002. The purpose of the survey, according to a report completed at that time, was to determine if mineralization, which outcrops in the area around the former La Mina open-pit mine, would generate a gravity anomaly.

The survey included eight 200-metre-spaced east-west lines totalling 10.6 kilometres, which covered only a small portion of the entire La Plata concession, which strikes north for more than five kilometres.

This program was successful in demonstrating that VMS mineralization, which has very high densities relative to surrounding barren volcanic andesite and dacitic rocks, generates a distinct gravity anomaly in the area of the La Mina VMS deposit and former mine.

Reprocessed gravity data -- new, untested targets

The historical gravity data were reprocessed using the 3DMGInv gravity inversion routine, a sophisticated, leading-edge software program developed in Australia. This routine enables the geometry and the physical properties, such as the density of the anomaly sources, to be more accurately characterized.

The highest-priority target is the large gravity high immediately 200 metres east of the La Mina open pit, which has never been drilled.

"We can see that gravity correlates extremely well along the main La Mina VMS mineralized zone and is a valuable exploration tool," explained Nick Tintor, president and chief executive officer. "However, the new reprocessed data [have] identified several exciting new targets which have never been drill tested and represent well-defined, discrete and high-priority targets which we plan to test in our current program," he added.

Exploration potential

The gravity reprocessing study has been successful in generating new, untested exploration targets at the La Plata project.

Priority untested targets include:

A large 200-metre-by-250-metre target area immediately east of the La Mina open pit;
Potential for deeper, offset mineralization striking for 200 metres south of the last drill holes in the La Mina South VMS lens;
Four discrete gravity highs north of the mineralized Gautuza target area.
Toachi's first-phase 4,000-metre drill program started earlier this month and is focused on verifying, infilling and expanding mineralization in main La Mina deposit, leading to a National Instrument 43-101 resource estimate early next year. For a detailed description of the phase-one program, please see the company's press release dated Aug. 15, 2016, and available on its website or on SEDAR.

The company also plans on testing several of these new targets in the current drill program.

The La Plata project

Toachi entered into an option agreement with a private Ecuadorean company to earn a 60-per-cent-to-75-per-cent interest in the La Plata gold-copper-silver-zinc VMS project, located 85 kilometres south of Quito, Ecuador. For complete terms of the transaction, please see the company's press release dated Feb. 11, 2016.

La Plata is a gold-rich volcanogenic massive sulphide deposit which was the subject of small-scale mining from both open-pit and underground workings from 1975 to 1981.

From 1996 to 2000, Cambior Inc., a Canadian mining company, completed 8,628 metres of drilling and a preliminary resource estimate totalling 840,000 tonnes grading 4.8 grams per tonne gold, 54.4 grams per tonne silver, and 4.1 per cent copper, 0.7 per cent lead and 4.2 per cent zinc per tonne in 1999, according to a report completed by Amec Foster Wheeler, a mining consulting firm, in March, 2015.

Following a drill program by Cornerstone Capital Resources Inc., which included 5,933 metres of drilling from 2006 to 2007, a revised mineral resource estimate totalling 913,977 tonnes grading 8.01 grams per tonne gold, 88.3 grams per tonne silver, and 5.01 per cent copper, 6.71 per cent zinc and 0.78 per cent lead per tonne in the inferred category was completed.

The resource estimates described above are historical estimates as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, Section.2.4. Toachi has not completed the work required to independently analyze and verify the results of the previous operators, nor has a qualified person completed sufficient work to classify the estimates as current mineral resources or mineral reserves. With respect to the Cambior estimate, the company is also not aware of what categories were used in the estimate. As a result, Toachi is not treating these estimates as current mineral resources or mineral reserves.

The company believes these historical results provide an indication of the potential of the property and are relevant from a continuing exploration perspective.

Phil Fox, MAIG, a qualified person as defined by NI 43-101, has reviewed and approved the contents of this press release.

We seek Safe Harbor.

© 2017 Canjex Publishing Ltd. All rights reserved.

Kwantes refreshes Toachi Mining buy

2016-12-01 21:49 ET - In the News

James Kwantes, in the Nov. 2, 2016, edition of Resource Opportunities, refreshes his buy of Toachi Mining Inc., recently 45 cents. Mr. Kwantes previously said buy on June 21, 2016, at 35 cents. A $1,000 investment then is now worth $1,285. Toachi is earning a 60- to 75-per-cent interest in the La Plata project in Ecuador, one of the highest-grade VMS (volcanogenic massive sulphide) deposits in the world. Recent drilling highlights include 10 grams per tonne gold and 29.43 per cent zinc over 3.7 metres, forming part of a wider interval grading 4.04 g/t gold and 9.18 per cent zinc over 12.7 metres. That result came from the southern part of the main VMS deposit. In another area, the northern part of a former open pit, a different hole returned 4.16 g/t gold and 5.81 per cent zinc over 8.4 metres, indicating a new zone of mineralization that is distinct from the existing VMS lenses. Toachi is so encouraged by its drill results that it has added a second rig to its program. It plans to complete a resource estimate in the first half of 2017 and a preliminary economic assessment shortly thereafter. Mr. Kwantes recommends buying the stock for exploration upside and the prospect of a rapid advancement to production.
Antwort auf Beitrag Nr.: 53.990.354 von donnerpower am 02.01.17 11:47:16Sehr schöne Zusammenfassung, hoffen wir das mal mehr Umsatz in die Aktie kommt.
Antwort auf Beitrag Nr.: 53.991.221 von Rokky100 am 02.01.17 13:58:37richtig bemerkt, Umsatz fehlt hier noch.

Antwort auf Beitrag Nr.: 53.991.416 von i2fan am 02.01.17 14:31:32

Der wird schon kommen ;)

kleine Beachtung noch....Toachi Mining ist mit neuem Kürzel erst seit mitte März 2016 in Toronto gelistet , in Frankfurt seit September 2016

Es wurden drei Finanzierungen durchgeführt die , letzten durch Beacon Securities Limited (“Beacon”)

Letzte Finanzierung wurde sogar Stunden nach Bekanntgabe nochmal wegen hoher nachfrage erhöht


aus der einen Finanzierung wo Beacon nicht beteiligt war , wurde nachträglich ein Großteil der Shares mit Termin Geschäft über den Markt übergeben bzw abgekauft

Käufer war immer 086 Beacon...wäre schon sehr interessant wo bzw an wem Beacon die Shares vermittelt hat
Antwort auf Beitrag Nr.: 53.991.770 von donnerpower am 02.01.17 15:17:05Alle großen Balken wie gesagt wurden über den Markt abgegeben, aber ohne das der Kurs beeinträchtigt wurde....der größte Teil auch hier zu Kursen um 0,4-0,5

Für mich steht hier in den nächsten 3 Monaten eine klare Neubewertung an.

Mal schaun nächste Drilling Ergebnisse sollten die Tage wieder folgen...auserkorenes Ziel des Management ist der Gang in die Produktion

Erfolgreiches 2017 :cool:
Danke sehr für den Thread . Bin leider nicht dazu gekommen die Aktie vorzustellen.

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