Tier One Identifies Drill Targets at Curibaya - Seite 2

Targeting Overview:

The second phase of drilling at Curibaya is expected to consist of 10 drill holes distributed over five platforms (Figure 1). The proposed locations of the drill holes take into consideration the interpretation of all the geological, geochemical and geophysical results and data obtained from the project. Once drilling begins, the drill plan may evolve to adjust the angle, location and depth of the holes, according to observed results.

Platform 1:

This platform is located in the Cambaya I corridor, central zone, at an elevation of 2,250 m and has two proposed locations for diamond drill holes (23CUR-001 and 23CUR-002), which would drill vertically at 50 m and 100 m, respectively, below channel sample 80, which reported values ​​of up to 4.5 m of 408 g/t Ag and 1.48 g/t Au, including 1 m of 1,768 g/t Ag and 6.33 g/t Au. There is also a vertical resistivity anomaly that is greater than 600 ohm-m within this corridor that coincides with the structures in the area (Figure 2).

Platform 2:

This platform is located in the Cambaya II corridor, southern zone, at an elevation of 2,300 m. This target has two proposed diamond drill holes (23CUR-003 and 23CUR-004), which would drill vertically at 50 m and 120 m, respectively, below channel sample 101, which reported values ​​of up to 2.5 m of 136 g/t Ag and 0.82 g/t Au, including 0.5 m of 568 g/t Ag and 3.37 g/t Au. There is also a geophysical anomaly showing a conductive gradient that correlates with the structures within the corridor (Figure 3).

Platform 3:

This platform is located 150 m north of platform 2 in the Cambaya II Corridor at an elevation of 2,300 m. This target has two proposed diamond drill holes (23CUR-005 and 23CUR-006), which would drill vertically at 65 m and 135 m, respectively, below channel sample 97, which reported values ​​of up to 1 m of 137 g/t Ag and 0.11 g/t Au as well as rock chip sample values of up to 337 g/t Ag and 263 g/t Ag. The proposed drill holes at this target would also test a contact of a geophysical conductive gradient that correlates with structures within the corridor (Figure 4).

Platform 4:

This platform is located in the Cambaya I Corridor, southern zone, at an elevation of 2,150 m. This target has two proposed diamond drill holes (23CUR-007 and 23CUR-008), which would drill vertically at 50 m and 100 m, respectively, below channel sample 34, which reported values ​​of up to 11 m of 232 g/t Ag and 1.61 g/t Au, including 6 m of 387 g/t Ag and 2.74 g/t Au as well as rock chip samples with values ​​of up to 3,510 g/t Ag and 751 g/t Ag. The proposed drill holes would also test the contact of a geophysical conductive - resistive gradient that correlates with the main structure in this corridor (Figure 5).