Osisko Gold Group Inc 6-K, filed Jul 26, 2022

Osisko Gold Group Inc. (OGG)

6-K 2022-07-26 For: 2022-06-24

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Added on April 05, 2026

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Osisko Gold Group Inc filed this 6-K on July 26, 2022.

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Exhibit

99.1		NI 43-101 Technical Report for the 2022 Mineral Resource Estimate on the San Antonio Project, Sonora, Mexico

99.2		Press Release dated July 22, 2022

		Osisko Development Corp.
		(Registrant)


Date: July 26, 2022		/s/ Alexander Dann
		Alexander Dann
		Chief Financial Officer and VP Finance

1.0 SUMMARY	1
1.1 GENERAL	1
1.2 PROPERTY LOCATION, DESCRIPTION AND OWNERSHIP	2
1.3 ACCESSIBILITY, CLIMATE, PHYSIOGRAPHY, LOCAL RESOURCES AND INFRASTRUCTURE	2
1.3.1 Accessibility	2
1.3.2 Physiography	2
1.3.3 Climate	3
1.3.4 Local Resources and Infrastructure	3
1.4 HISTORY	3
1.4.1 Historical Exploration and Mining Development	3
1.5 GEOLOGICAL SETTING AND MINERALIZATION	6
1.5.1 Regional Geology	6
1.5.2 Property Geology	7
1.5.3 Mineralization	7
1.6 EXPLORATION AND DRILLING PROGRAMS	8
1.6.1 Exploration Programs	8
1.6.2 Exploration Drilling	9
1.7 METALLURGICAL TESTWORK	9
1.7.1 Forte Analytical 2001 to 2022 Testwork	9
1.8 SAN ANTONIO PROJECT, MINERAL RESOURCE ESTIMATE	10
1.8.1 General Notes	10
1.8.2 Supporting Data for the Resource Estimate	11
1.8.3 Economic Parameters and Classification	13
1.8.4 Mineral Resource Estimate	14
1.9 CONCLUSIONS AND RECOMMENDATIONS	19
1.9.1 Further Recommendations, Exploration Budget and Other Expenditures	19
1.9.2 Metallurgy	21

2.0 INTRODUCTION	22
2.1 TERMS OF REFERENCE	22
2.2 DISCUSSIONS, MEETINGS, SITE VISITS AND QUALIFIED PERSONS	23
2.3 SOURCES OF INFORMATION	24
2.4 UNITS OF MEASUREMENT AND ABBREVIATIONS	24
2.5 PREVIOUS TECHNICAL REPORTS	27

3.0 RELIANCE ON OTHER EXPERTS	28

4.0 PROPERTY DESCRIPTION AND LOCATION	29
4.1 GENERAL	29
4.2 OWNERSHIP	29
4.3 MEXICAN MINING LAW	33
4.4 PERMITTING AND ENVIRONMENTAL	33
4.4.1 Environmental Considerations	33
4.4.2 Permitting	34

4.4.3 Community/Social Considerations	34
4.5 MICON QP COMMENTS	35

5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCE, INFRASTRUCTURE AND PHYSIOGRAPHY	36
5.1 ACCESSIBILITY	36
5.2 CLIMATE	36
5.3 PHYSIOGRAPHY	36
5.4 LOCAL RESOURCES	36
5.5 INFRASTRUCTURE	38

6.0 HISTORY	40
6.1 GENERAL MINING HISTORY OF THE MEXICAN STATE OF SONORA	40
6.2 SAN JAVIER MINING DISTRICT	40
6.3 SAN ANTONIO PROPERTY, HISTORICAL EXPLORATION AND MINING DEVELOPMENT	41
6.4 HISTORICAL MINERAL RESOURCES	44
6.5 MINING OPERATIONS	45

7.0 GEOLOGICAL SETTING AND MINERALIZATION	47
7.1 GEOLOGICAL SETTING	47
7.2 REGIONAL GEOLOGY	47
7.3 PROPERTY GEOLOGY	50
7.4 MINERALIZATION	53
7.4.1 Sapuchi Deposit Mineralization	55
7.4.2 Golfo de Oro Deposit Mineralization	55
7.4.3 California Deposit Mineralization	57

8.0 DEPOSIT TYPES	58

9.0 EXPLORATION	60
9.1 OSISKO DEVELOPMENT EXPLORATION WORK ON THE SAN ANTONIO PROJECT	60
9.1.1 2021 Mapping Program	60
9.2 MICON QP COMMENTS	62

10.0 DRILLING	63
10.1 OSISKO DEVELOPMENT DRILLING PROGRAM ON THE SAN ANTONIO PROJECT	63
10.1.1 Summary	63
10.1.2 Methodology	63
10.1.3 Drill Program Details	65
10.2 MICON QP COMMENTS	73

11.0 SAMPLE PREPARATION, ANALYSIS AND SECURITY	74
11.1 HISTORICAL SAMPLING PROCEDURES BY ZARUMA/RED TIGER	74
11.1.1 Luz del Cobre Deposit	74
11.1.2 Sapuchi Deposit	75
11.1.3 Realito Trend Deposits	77
11.2 OSISKO DEVELOPMENT SAMPLE PREPARATION, ANALYSIS AND SECURITY	77
11.2.1 Sampling Procedures Osisko Development - Sapuchi (2021)	77

11.2.2 Sample Security	78
11.2.3 Quality Assurance and Quality Control	80
11.3 MICON QP COMMENTS	91

12.0 DATA VERIFICATION	93
12.1 GENERAL	93
12.2 SITE VISIT	93
12.3 MICON QP COMMENTS	98

13.0 MINERAL PROCESSING AND METALLURGICAL TESTING	100
13.1 HISTORICAL CYANIDE TESTWORK	100
13.2 HISTORICAL COPPER TESTWORK	103
13.3 CURRENT METALLURGICAL TESTWORK (2021-2022)	104
13.3.1 Drill Hole Interval Head Assays and Testing	105
13.3.2 Composite Bottle Roll Testing - Forte Analytical	107
13.3.3 Bottle Roll Testing on Head Rejects - SGS	112
13.4 METALLURGICAL ASSUMPTIONS	113
13.5 NOTES REGARDING METALLURGICAL LABORATORY CERTIFICATIONS	114

14.0 MINERAL RESOURCE ESTIMATES	115
14.1 INTRODUCTION	115
14.2 CIM MINERAL RESOURCE DEFINITIONS AND CLASSIFICATIONS	115
14.3 CIM ESTIMATION OF MINERAL RESOURCES BEST PRACTICES AND GUIDELINES	117
14.4 MINERAL RESOURCE METHODOLOGY AND DATABASE	117
14.4.1 Methodology	117
14.4.2 Drill Hole Database	118
14.4.3 Topography	120
14.4.4 Geological Model	120
14.4.5 Model of Voids	126
14.5 MINERAL RESOURCE ESTIMATION COMPOSITES	127
14.6 HIGH GRADE CAPPING FOR THE SAN ANTONIO PROJECT DEPOSITS	127
14.7 DENSITY	129
14.8 BLOCK MODEL	130
14.9 VARIOGRAPHY AND SEARCH ELLIPSOIDS	131
14.10 GRADE INTERPOLATION	138
14.11 BLOCK MODEL VALIDATION	138
14.12 MINERAL RESOURCE CLASSIFICATION	144
14.13 MINERAL RESOURCE ESTIMATE	145
14.13.1 Reasonable Prospects for Economic Extraction	145
14.13.2 Mineral Resource Estimate	146
14.13.3 Mineral Resource Sensitivity	148
14.14 RESPONSIBILITY FOR THE ESTIMATION	150

15.0 MINERAL RESERVE ESTIMATES	151

16.0 MINING METHODS	151

17.0 RECOVERY METHODS	151

18.0 PROJECT INFRASTRUCTURE	151

19.0 MARKET STUDIES AND CONTRACTS	151

20.0 ENVIRONMENTAL STUDIES, PERMITTING AND SOCIAL OR COMMUNITY IMPACT	151

21.0 CAPITAL AND OPERATING COSTS	151

22.0 ECONOMIC ANALYSIS	151

23.0 ADJACENT PROPERTIES	152

24.0 OTHER RELEVANT DATA AND INFORMATION	153

25.0 INTERPRETATION AND CONCLUSIONS	154
25.1 GENERAL	154
25.2 SAN ANTONIO PROJECT MINERAL RESOURCE ESTIMATE	154
25.2.1 General Notes	154
25.2.2 Supporting Data for the Resource Estimate	154
25.2.3 Economic Parameters and Classification	157
25.2.4 Mineral Resource Estimate	158
25.3 CONCLUSIONS	163

26.0 RECOMMENDATIONS	164
26.1 FURTHER EXPLORATION	164
26.2 METALLURGY	165

27.0 DATE AND SIGNATURE PAGE	166

28.0 REFERENCES	167
28.1 TECHNICAL REPORTS, PAPERS AND OTHER SOURCES	167
28.2 INTERNET SOURCES (AS OF FEBRUARY, 2022)	169

29.0 CERTIFICATES OF AUTHORS	170

Table 1.1 Metallurgical Assumptions	10
Table 1.2 Summary of the Parameters used for Pit Optimization at the San Antonio Project	13
Table 1.3 Summary of In-Pit Mineral Resource Estimate by Deposit for the San Antonio Project	15
Table 1.4 Summary of the In-Pit Constrained Mineral Resource Estimate by Weathering Zone	16
Table 1.5 Gold Price Sensitivity Analysis for the San Antonio Project In-Pit Constrained Resources	17
Table 1.6 San Antonio Project, Recommended Budget for Further Work (USD)	20
Table 2.1 Qualified Persons, Areas of Responsibility and Site Visits	23
Table 2.2 List of Abbreviations	25
Table 4.1 Geographical Coordinates for the San Antonio Property Mineral Concessions	29
Table 4.2 San Antonio Project Mining Concessions	32
Table 6.1 San Antonio Project Summary of the 1994 to 1996 Drill Holes by Year and Deposit	42
Table 6.2 Drilling Summary for the San Antonio Project between 2003 and 2008	44
Table 6.3 Mining Production at the Luz del Cobre Deposit from 2011 to 2018	45
Table 10.1 Summary of the Holes in the 2021 Drilling Program by Deposit	65
Table 10.2 2021 Significant Drilling Assays	71
Table 11.1 Sample Assay Methodologies	79
Table 11.2 Summary of the Distribution of Control Samples Inserted by Sapuchi	80
Table 11.3 Summary of SRMs used During the 2021 Drill Campaign	83
Table 11.4 Basic Statistics of the Seven SRM Samples	83
Table 12.1 Surface Samples Collected During the Site visit, 2021	95
Table 12.2 Duplicate Core Samples from RC-Drilling Collected During the 2021 Site Visit	96
Table 12.3 Reject Samples from Drilling Collected During the 2021 Site Visit	97
Table 12.4 Pulp Samples from Drilling Collected During the 2021 Site Visit	97
Table 12.5 Assays Method used for the Analysis of Samples Collected During the 2021 Site Visit	98
Table 13.1 1995 Column Leach Extractions	101
Table 13.2 1996 Bottle Roll Leach Extractions	101
Table 13.3 2003 Bottle Roll Leach Extractions	102
Table 13.4 2017/2019 Bottle Roll Extractions	102
Table 13.5 Summary of 2021 Head Assays of the California and Golfo de Oro Samples	105

Table 13.6 Head Assays by Drill Hole for Sapuchi - Oxide Intervals	106
Table 13.7 Head Assays by Drill Hole for Sapuchi - Transition Intervals	106
Table 13.8 Head Assays by Drill Hole for Sapuchi - Sulphide Intervals	106
Table 13.9 Carbon and Sulphur Speciation for Sapuchi by Mineralization Type	107
Table 13.10 Available Intervals and Number of Composites for Bottle Roll Testing	108
Table 13.11 Extraction Summary of Sapuchi Composites (P₈₀ - 75 µm)	108
Table 13.12 Extraction Summary of Sapuchi Composites (P₈₀ - 2 mm)	109
Table 13.13 Extraction Summary of Sapuchi Composites (P₈₀ - 9.5 mm)	109
Table 13.14 Composites for Bottle Roll Testing on Head Rejects	112
Table 13.15 Gold Extraction Summary for Bottle Rolls	113
Table 13.16 Metallurgical Assumptions	114
Table 14.1 Number and Type of Drill Holes for Each Deposit	118
Table 14.2 Summary of the Statistics for the Gold Composites by Deposit	127
Table 14.3 Summary of the Statistics for the Silver Composites by Deposit	127
Table 14.4 Summary Statistics for Density Data by Weathering Zone	129
Table 14.5 Gold and Silver Grades Estimation Parameters for All Deposits	138
Table 14.6 Summary of the Parameters used for Pit Optimization at the San Antonio Project	145
Table 14.7 Summary of In-Pit Mineral Resource Estimate by Deposit for the San Antonio Project	146
Table 14.8 Summary of the In-Pit Constrained Mineral Resource Estimate by Weathering Zone	148
Table 14.9 Gold Price Sensitivity Analysis for the San Antonio Project In-Pit Constrained Resources	148
Table 25.1 Summary of the Parameters used for Pit Optimization at the San Antonio Project	157
Table 25.2 Summary of In-Pit Mineral Resource Estimate by Deposit for the San Antonio Project	158
Table 25.3 Summary of the In-Pit Constrained Mineral Resource Estimate by Weathering Zone	160
Table 25.4 Gold Price Sensitivity Analysis for the San Antonio Project In-Pit Constrained Resources	160
Table 25.5 Risks and Opportunities at the San Antonio Project	163
Table 26.1 San Antonio Project, Recommended Budget for Further Work (USD)	165

Figure 4.1 San Antonio Project Location Map	30
Figure 4.2 San Antonio Mining Concessions	31
Figure 5.1 Town of San Antonio de la Huerta	37
Figure 5.2 Overview of the Terrain around the California and Golfo de Oro Deposits	37
Figure 5.3 The Historical Camp Facilities	38
Figure 7.1 Geological Terrane Map of Mexico	48
Figure 7.2 Simplified Stratigraphic Column for the Cortés Terrane of Central and Eastern Sonora	49
Figure 7.3 Regional Geological Map for the San Antonio Project	50
Figure 7.4 Select Lithologies Observed in Outcrop and Drill Core at the San Antonio Project	52
Figure 7.5 Exploration Targets (prospects) and Identified Mineral Trends at the San Antonio Project	53
Figure 7.6 Varying Styles of Mineralization Observed at the San Antonio Project	54
Figure 7.7 Schematic West-Facing Section Illustrating Mineralization and Structure in the Sapuchi Deposit	55
Figure 7.8 Schematic West-Facing Section Illustrating Mineralization and Structure in the Golfo de Oro Deposit	56
Figure 7.9 Schematic West-Facing Section Illustrating Mineralization and Structure in the California Deposit	57
Figure 8.1 Schematic Illustration showing Distinctions between IOCG and Porphyry Deposits	59
Figure 9.1 2021 Season, 1:1000 Mapping Grid and Coverage	61
Figure 9.2 Geological Map of the Sapuchi Deposit Area	62
Figure 10.1 2021 Diamond Drill Hole Collar Locations	64
Figure 10.2 Sapuchi Deposit, 2021 Diamond Drill Hole Collar Locations	66
Figure 10.3 Sapuchi Deposit, 2021 Diamond Drill Hole Cross-Section	67
Figure 10.4 Golfo de Oro and California Deposits, 2021 Diamond Drill Hole Collar Locations	68
Figure 10.5 Golfo de Oro Deposit, 2021 Diamond Drill Hole Cross-Section	69
Figure 10.6 California Deposit, 2021 Diamond Drill Hole Cross-Section	70
Figure 11.1 Coarse Blank Assays at ALS and Bureau Veritas	81
Figure 11.2 Non-Certified Fine Blanks Assays at ALS and Bureau Veritas	82
Figure 11.3 Certified Blanks CDN-BL-10 Assays at ALS	82
Figure 11.4 QC Graphs for the Different SRMs used in the 2021 Drill Campaign	85

Figure 11.5 Scatter Plot Showing Core Duplicates ALS and Bureau Veritas	86
Figure 11.6 Scatter Plot Showing the Reject Duplicates Assayed by ALS	87
Figure 11.7 Scatter Plot showing the Reject Duplicates Assayed by ALS, Bureau Veritas	88
Figure 11.8 Scatter Plot Showing Pulp Duplicates Assayed by ALS	89
Figure 11.9 Scatter Plot showing Pulp Duplicates Assayed by ALS	90
Figure 11.10 Scatter Plot showing Reject Duplicates Assayed at Different Laboratories	90
Figure 11.11 Scatter Plot Showing Pulp Duplicates Assayed at Different Laboratories	91
Figure 12.1 Location of Holes SP-DD-21-066 (Left) & CA-DD-21-062 (Right)	94
Figure 12.2 Left: Sample 493801 (2021). Right Sample 493802. Aluminum Tags from Previous Surface Sampling	94
Figure 12.3 Sapuchi Core Logging and Storage Facilities	95
Figure 12.4 Reject and Pulp Sample Storage Facilities (Mine Magazines)	96
Figure 13.1 CESUS Leach Test on Oxide Mineralization	104
Figure 13.2 CESUS Leach Test on Mixed Mineralization	104
Figure 13.3 Average Sodium Cyanide Consumptions by Mineralization Type and Test Sample Size	111
Figure 13.4 Average Lime Addition by Mineralization Type	111
Figure 14.1 Surface Plan View of the Drill Holes used for the 2022 Mineral Resource Estimate for the Five Deposits	119
Figure 14.2 Probability Plot Defining the 3 m Length used to Estimate the Gold Indicator Composites	121
Figure 14.3 Cross-Section of the Golfo de Oro Deposit	122
Figure 14.4 Cross-Section of the California Deposit	123
Figure 14.5 Cross-Section of the Sapuchi Deposit (looking ENE)	124
Figure 14.6 Cross-Section Showing the Weathering Zones of Golfo de Oro, California and Sapuchi Deposits	125
Figure 14.7 The Mineralized Zones within the Five Deposits with a ≥40% Probability of being Above 0.2 g/t	125
Figure 14.8 Historical Voids Used to Deplete the Current Resource Estimate in the Sapuchi Deposit	126
Figure 14.9 Probability Plots for Gold in the Various Deposits	128
Figure 14.10 Probability Plots for Silver in the Various Deposits	129
Figure 14.11 Typical Vertical Section of the Weathering Zones	130
Figure 14.12 Layout for Each Deposit and the Properties of the Block Model	131

Figure 14.13 Variogram Models of the Gold Grade for the California Deposit	132
Figure 14.14 Variogram Models of the Gold Grade for Golfo de Oro Deposit	133
Figure 14.15 Variogram Models of the Gold Grade for the Sapuchi Deposit	134
Figure 14.16 Variogram Models of the Silver Grade for the California Deposit	135
Figure 14.17 Variogram Models of the Silver Grade for the Golfo de Oro Deposit	136
Figure 14.18 Variogram Models of the Silver Grade for the Sapuchi Deposit	137
Figure 14.19 Visual Validation of the Gold Estimate via OK at the Golfo de Oro Deposit*	139
Figure 14.20 Visual Validation of the Gold Estimate via OK at the California Deposit*	140
Figure 14.21 Visual Validation of the Gold Estimate via OK at the Sapuchi Deposit	141
Figure 14.22 Golfo de Oro Deposit - Gold Model Validation Using Three-Direction Swath Plots Comparing the Different Interpolation Methods to the DDH Composites	142
Figure 14.23 California Deposit - Gold Model Validation Using Three-Direction Swath Plots Comparing the Different Interpolation Methods to the DDH Composites	143
Figure 14.24 Sapuchi Deposit - Gold Model Validation Using Three-Direction Swath Plots Comparing the Different Interpolation Methods to the DDH Composites	144
Figure 14.25 Typical Sections of the Resource Category for Golfo de Oro, California and Sapuchi Deposits	145

Parameter	Heap Leach	Mill
Parameter	Oxide	Transition and Sulphide
Operating Conditions
Particle Size (P 80)	1 inch (25 mm)	75 µm
Residence Time	100 days	36 hours
Recovery
Au	70%	90%
Ag	60%	30%
Reagent Consumption
NaCN (kg/t)	0.5	1.0
Lime (kg/t)	5.0	2.0

Parameters	Units	Oxide	Transition	Fresh Rock
Gold price	USD/oz	1,750	1,750	1,750
Silver price	USD/oz	21	21	21
Refining Charge	USD/oz	4	4	4
Processing cost	USD/t treated	4.0	13.0	13.0
Met. Recovery Au	%	70%	90%	90%
Met. Recovery Ag	%	60%	30%	30%

Category	Deposit	Weathering Zone	Tonnes (Mt)	Gold (g/t)	Silver (g/t)	Gold Ounces (*1,000)	Silver Ounces (*1,000,000)
Indicated	California	Oxide	0.6	0.93	2.8	17	0.05
		Transition	0.2	0.79	3.3	6	0.02
		Sulphide	3.1	1.31	2.4	130	0.23
		Total	3.9	1.22	2.5	153	0.31
	Golfo de Oro	Oxide	0.2	1.07	2.8	7	0.02
		Transition	0.1	1.19	2.8	6	0.01
		Sulphide	5.3	1.46	2.5	249	0.42
		Total	5.7	1.44	2.5	262	0.46
	Sapuchi	Oxide	1.9	0.85	3.6	53	0.22
		Transition	1.4	1.04	3.6	47	0.16
		Sulphide	2.1	0.94	3.4	62	0.22
		Total:	5.4	0.93	3.5	162	0.61
	Total	Oxide	2.7	0.89	3.4	77	0.30
		Transition	1.8	1.02	3.5	59	0.20
		Sulphide	10.4	1.31	2.6	441	0.88
		Total	14.9	1.20	2.9	576	1.37
Inferred	California	Oxide	0.4	0.68	2.1	8	0.02
		Transition	0.1	0.85	2.6	4	0.01
		Sulphide	1.1	1.27	3.8	46	0.14
		Total	1.6	1.10	3.3	58	0.17
	Golfo de Oro	Oxide	0.5	0.80	3.0	12	0.04
		Transition	0.2	0.93	3.4	5	0.02
		Sulphide	5.7	1.29	2.5	237	0.46
		Total	6.4	1.24	2.5	254	0.52
	High Life	Oxide	0.5	0.84	4.2	14	0.07
		Transition	0.2	0.73	4.5	4	0.02
		Sulphide	0.1	0.90	8.3	4	0.04
		Total	0.8	0.83	4.9	22	0.13
	Sapuchi	Oxide	3.2	0.74	3.7	75	0.37
		Transition	1.6	0.92	3.6	48	0.19
		Sulphide	2.8	0.92	4.1	84	0.37
		Total	7.6	0.85	3.8	208	0.94
	Calvario	Oxide	0.1	0.53	0.0	2	0.00
		Transition	0.0	0.55	0.0	0	0.00
		Sulphide
		Total	0.1	0.53	0.0	2	0.00
	Total	Oxide	4.6	0.74	3.5	111	0.51
		Transition	2.1	0.90	3.6	61	0.24
		Sulphide	9.8	1.18	3.2	371	1.00
		Total	16.6	1.02	3.3	544	1.76

Category	Weathering Zone	Tonnes (Mt)	Gold (g/t)	Silver (g/t)	*Gold Ounces (1,000)**	*Silver Ounces (1,000,000)**
Category	Weathering Zone	Tonnes (Mt)	Gold (g/t)	Silver (g/t)	*Gold Ounces (1,000)**	*Silver Ounces (1,000,000)**
Indicated	Oxide	2.7	0.89	3.4	77	0.30
	Transition	1.8	1.02	3.5	59	0.20
	Sulphide	10.4	1.31	2.6	441	0.88
	Total	14.9	1.20	2.9	576	1.37
Inferred	Oxide	4.6	0.74	3.5	111	0.51
	Transition	2.1	0.90	3.6	61	0.24
	Sulphide	9.8	1.18	3.2	371	1.00
	Total	16.6	1.02	3.3	544	1.76

Category	Gold Price US$/oz	Gold Cut- off Grade (g/t)	Weathering Zone	Tonnes (Mt)	Gold (g/t)	Silver (g/t)	Gold Ounces (*1,000)	Silver Ounces (*1,000,000)
Indicated	1,400	0.34	Oxide	2.6	0.90	3.4	76	0.29
		0.55	Transition	1.6	1.07	3.6	55	0.18
		0.55	Sulphide	8.0	1.44	2.8	372	0.72
			Total	12.3	1.28	3.0	504	1.19
	1,450	0.33	Oxide	2.6	0.90	3.4	76	0.29
		0.54	Transition	1.6	1.06	3.5	56	0.19
		0.54	Sulphide	8.2	1.43	2.8	377	0.73
			Total	12.5	1.27	3.0	510	1.21
	1,500	0.32	Oxide	2.7	0.90	3.4	77	0.29
		0.52	Transition	1.7	1.05	3.5	57	0.19
		0.52	Sulphide	9.0	1.40	2.7	404	0.78
			Total	13.3	1.25	3.0	537	1.27
	1,550	0.31	Oxide	2.7	0.89	3.4	77	0.29
		0.50	Transition	1.7	1.05	3.5	57	0.19
		0.50	Sulphide	9.3	1.38	2.7	411	0.80
			Total	13.6	1.24	2.9	545	1.29
	1,600	0.30	Oxide	2.7	0.89	3.4	77	0.29
		0.48	Transition	1.7	1.04	3.5	58	0.20
		0.48	Sulphide	9.6	1.37	2.7	420	0.83
			Total	14.0	1.23	2.9	554	1.31
	1,650	0.29	Oxide	2.7	0.89	3.4	77	0.29
		0.47	Transition	1.8	1.03	3.5	58	0.20
		0.47	Sulphide	9.8	1.35	2.7	426	0.84
			Total:	14.3	1.22	2.9	561	1.33
	1,700	0.28	Oxide	2.7	0.89	3.4	77	0.29
		0.46	Transition	1.8	1.02	3.5	58	0.20
		0.46	Sulphide	10.1	1.33	2.6	432	0.86
			Total	14.5	1.21	2.9	567	1.35
	1,750	0.27	Oxide	2.7	0.89	3.4	77	0.30
		0.44	Transition	1.8	1.02	3.5	59	0.20
		0.44	Sulphide	10.4	1.31	2.6	441	0.88
			Total	14.9	1.20	2.9	576	1.37
	1,800	0.27	Oxide	2.7	0.89	3.4	77	0.30
		0.43	Transition	1.8	1.02	3.5	59	0.20
		0.43	Sulphide	10.6	1.30	2.6	446	0.89
			Total	15.1	1.20	2.9	582	1.39
	1,850	0.26	Oxide	2.7	0.89	3.4	77	0.30
		0.42	Transition	1.8	1.01	3.5	59	0.20
		0.42	Sulphide	10.9	1.30	2.6	455	0.91
			Total	15.4	1.19	2.8	591	1.41
	1,900	0.25	Oxide	2.7	0.89	3.4	77	0.30
		0.41	Transition	1.8	1.01	3.5	59	0.20
		0.41	Sulphide	11.0	1.29	2.6	457	0.92
			Total	15.6	1.18	2.8	593	1.42

San Antonio Project, Drilling Program
Target Area / Type of Activity	Cost/m (approx.) All included	Quantity (m)	Cost USD
Infill Drilling on Existing Resource (HQ)	270/m	12,000	3,240,000
Exploration Drilling (NQ or RC)	250/m	30,000	7,500,000
Metallurgical Drilling - Core	320/m	1,200	384,000
Geotechnical Drilling	300/m	1,000	300,000
Drilling Subtotal		17,050	11,424,000
San Antonio Project, Property Wide Activities
Activity Type			Cost USD
Geological Modeling, Mapping & Consulting			70,000
LiDAR Surveys			30,000
Geochemical Sampling & Special Studies (PEA)			150,000
Metallurgical Test Work			150,000
PEA reporting and miscellaneous.			100,000
Property Wide Activities Subtotal			500,000
Contingency (~5%)			596,200
Grand Total			12,520,200

Qualified Person	Title and Company	Area of Responsibility	Site Visit
William J. Lewis, P.Geo.	Senior Geologist, Micon	Sections 1, 2 to 9, 10, 14.1 to14.3, 14.12 to 14.14 except 14.13.1 and 23 to 28	None
Ing. Alan San Martin, MAusIMM(CP)	Mineral Resource Specialist, Micon	Sections 14.4 to 14.11 and 14.13.1	None
Dr. R. Nick Gow, MMSA(QP).	Laboratory Manager, Forte Analytical	Section 13	None
Rodrigo Calles-Montijo, CPG	General Administrator and Principal Consultant, Servicios Geológicos IMEx, S.C.	Sections 11, 12	November 11 to November 13, 2021
NI 43-101 Sections not applicable to this report		15,16,17,18,19,20,21 and 22

Name	Abbreviation
Adsorption/desorption/reactivation	ADR
Alamos Minerals Ltd.	Alamos
Alcoa Corporation	Alcoa
ALS Minerals	ALS
American Association of Laboratory Accreditation	AALA
Australian Geostats Pty Ltd	Australian Geostats
Australian Ore Research & Exploration P/L	OREAS
Bateman Engineering Inc.	Bateman
Barringer Laboratories Inc.	Barringer
Boytec Sondajes de Mexico SA de CV	Boytec
Canadian Centre for Mineral and Energy Technology	CANMET
Canadian Institute of Mining, Metallurgy and Petroleum	CIM
Canadian National Instrument 43-101	NI 43-101
Canadian Securities Administrators	CSA
Canuc Resources Corporation	Canuc
CDN Resource Laboratories Ltd.	CDN Resource
Centimetre(s)	cm
CESUS University	CESUS
Chutine Resources Ltd.	Chutine
Comisión de Ecologia y Desarrollo Sustentable del Estado de Sonora	CEDES
Comisión de Fomento Minero	CFM
Comisión Nacional del Agua	CONAGUA
Constellation Copper Corporation	Constellation
Degree(s), Degrees Celsius	^o,^oC
Diario Oficial de la Federación	DOF
Digital elevation model	DEM
Dirección General de Minas	DGM
Discounted cash flow	DCF
Diversified Drilling, S.A. de C.V.	Diversified
Electronic Data Gathering, Analysis and Retrieval	EDGAR
Environmental Impact Assessment	MIA
Florin Analytical Services LLC	Florin
Globexplore Drilling S.A. de C.V.	Globexplore
Golder Associates Ltd.	Golder Associates
Grams per metric tonne	g/t
Hectare(s)	ha
Hour	h
Inverse Distance Squared	ID²
Inch(es)	in
Inductively Coupled Plasma - Emission Spectrometry	ICP-ES
Internal diameter	ID
Internal rate of return	IRR
Impuesto al Valor Agregado (or VAT)	IVA
Iron Oxide-Copper-Gold deposit-type	IOCG

Name	Abbreviation
Jacobs Assay Laboratory	Jacobs
JDS Energy & Mining Inc.	JDS
Justified Technical Study	ETJ
Kappes, Cassiday & Associates	KCA
KD Engineering Co., Inc.	KD
Kilogram(s)	kg
Kilometre(s)	km
Laminco Resources Inc.	Laminco
Life of mine	LOM
Litre(s)	L
London Metal Exchange)	LME
Minerales Libertad S.A. de C.V.	Minerales Libertad
Minera Sanex S.A. de C.V.	Minera Sanex
Metre(s)	m
Mexican peso	MXN
Micon International Limited	Micon
Million (eg million tonnes, million ounces, million years)	M (Mt, Moz, Ma)
Milligram(s)	mg
Millimetre(s)	mm
Mountain States R & D International	Mountain States
National Institute of Standards and Technology	NIST
North American Datum	NAD
Net present value, at discount rate of 8%/y	NPV, NPV8
Net smelter return	NSR
Not available/applicable	n.a.
Osisko Development Corp.	Osisko Development
Osisko Gold Royalties Ltd.	Osisko Gold
Ounces (troy)/ounces per year	oz, oz/y
Parts per billion, part per million	ppb, ppm
Percent(age)	%
Preventive Report	Informe Preventivo or IP
Princeton Mining Corporation	Princeton
Quality Assurance/Quality Control	QA/QC
Red Tiger Mining Inc.	Red Tiger
Resource Development Inc.	RDI
Run of mine	ROM
Sapuchi Minera S. de R.L. de C.V.	Sapuchi
Secretaria de la Defensa Nacional	SEDENA
Servicios Geológicos IMEx, S.C.	IMEx
SGS Mineral Services Canada	SGS
Specific gravity	SG
Square kilometre(s)	km²
Standard Reference Material(s)	SRM(s)
System for Electronic Document Analysis and Retrieval	SEDAR
Talisker Exploration Services Inc.	Talisker
Three-dimensional	3-D
Tonne (metric)/tonnes per day, tonnes per hour	t, t/d, t/h

Name	Abbreviation
Tonne-kilometre	t-km
United States Dollar(s)	USD
US Environmental Protection Agency	EPA
US Securities and Exchange Commission	SEC
Universal Transverse Mercator	UTM
Value Added Tax (or IVA)	VAT or IVA
Year	y
Zaruma Resources Inc.	Zaruma

Geographical Coordinates		Universal Transverse Mercator (UTM)
North Latitude	West Longitude	Easting	Nothing
28°38'02	109° 40' 20"	629,800	3,168,000
28° 37'10"	109° 36' 32"	636,000	3,166,400

No.	Name	Number	Area (Hectares)	Location Date	Expiry Date	Bi-Annual Fee (USD)	Geographical Location	Owner
1	San Antonio 11	229400	1,587.3513	April 17, 2007	April 16, 2057	14,811.61	San Javier, Sonora	Sapuchi
2	Huerta 3 Bis	228576	21.0000	December 8, 2006	July 22, 2054	195.94	San Javier y Soyopa, Sonora	Sapuchi
3	La Nahuila Fracc. V	230165	4.1167	July 24, 2007	July 23, 2057	38.38	San Javier, Sonora	Sapuchi
4	La Nahuila Fracc. IV	230164	4.5051	July 24, 2007	July 23, 2057	40.04	San Javier, Sonora	Sapuchi
5	La Nahuila Fracc. ill	230163	0.6919	July 24, 2007	July 23, 2057	6.47	San Javier, Sonora	Sapuchi
6	La Nahuila Fracc. II	230162	14.7374	July 24, 2007	July 23, 2057	137.50	San Javier, Sonora	Sapuchi
7	La Nahuila Fracc. I	230161	37.6422	July 24, 2007	July 23, 2057	351.23	San Javier, Sonora	Sapuchi
8	Napa	229399	10.1828	April 17, 2007	July 23, 2057	95.00	San Javier, Sonora	Sapuchi
9	San Antonio Anexo No. 13 Fracc. II	221368	123.0548	October 11, 1995	February 2, 2054	1,148.22	Soyopa, Sonora	Sapuchi
10	Las Arenillas	221458	20.0000	June 17, 1997	February 12, 2054	186.61	Hermosillo, Sonora	Sapuchi
11	San Antonio No. 22	221217	1.0336	June 17, 1997	December 15, 2053	9.63	Hermosillo, Sonora	Sapuchi
12	San Antonio No. 17	218685	19.4460	August 22, 1996	December 2, 2052	181.47	Hermosillo, Sonora	Sapuchi
13	San Antonio No. 15	218794	160.7307	August 22, 1996	January 16, 2053	1,499.80	Hermosillo, Sonora	Sapuchi
14	San Antonio Anexo No. 13 Fracc. I	218466	398.5431	October 11, 1995	November 4, 2052	3,718.82	Soyopa y San Javier, Sonora	Sapuchi
15	Sanex 12 Fracc. II	216353	0.3997	October 11, 1995	May 6, 2052	3.70	Hermosillo, Sonora	Sapuchi
16	Sanex 12 Fracc. I	215748	524.3179	October 11, 1995	March 18, 2052	4,892.44	San Javier, Sonora	Sapuchi
17	Anexo 10	218084	83.5841	September 15, 1994	October 2, 2052	779.94	Soyopa, Sonora	Sapuchi
18	Pavel	201908	404.6809	October 11, 1995	October I0, 2045	3,776.08	San Javier, Sonora	Sapuchi
19	Santa Rosa	181000	15.0000	August 14, 1987	August 13, 2037	139.97	Soyopa, Sonora	Sapuchi
20	San Antonio 14 Fracc. I	228136	312.9938	August 22, 1996	February 2, 2054	2,920.55	San Javier y Soyopa,	Sapuchi
21	Sanex 12 Fracc. III	201567	240.8699	October 11, 1995	October 10, 2045	2,247.57	San Javier, Sonora	Sapuchi
22	La Libertad	178321	21.0000	August 7, 1986	August 6, 2036	195.94	San Javier, Sonora	Sapuchi
23	San Antonio Anexo No.9	191227	500.0000	December 19, 1991	December 19, 2041	4,665.51	San Javier, Sonora	Sapuchi
24	San Antonio Anexo No. 8	191485	120.4672	December 19, 1991	December 19, 2041	1,124.06	San Javier, Sonora	Sapuchi
25	San Antonio Anexo No. 7	191232	326.7949	December 19, 1991	December 19, 2041	3,049.30	San Javier, Sonora	Sapuchi
26	San Antonio Anexo No. 6	192382	300.0000	December 19, 1991	December 18, 2041	2,799.30	San Javier, Sonora	Sapuchi
27	San Antonio Anexo No. 5	176653	500.0000	December 16, 1985	December 15, 2035	4,665.51	San Javier, Sonora	Sapuchi
28	San Antonio Anexo No.4	198548	500.0000	November 30, 1993	December 29, 2043	4,665.51	San Javier, Sonora	Sapuchi
29	San Antonio Anexo No. 2	172436	419.0000	December 15, 1983	December 14, 2033	3,909.68	San Javier, Sonora	Sapuchi
30	San Antonio Anexo	163597	111.0000	October 30, 1978	October 29, 2028	1,035.72	Soyopa, Sonora	Sapuchi
31	San Antonio del Cobre	229102	9.0000	November 3, 1955	March 8, 2057	83.99	Soyopa, Sonora	Sapuchi
32	San Antonio No. 23	211586	24.0000	June 23, 2000	June 15, 2050	223.96	San Javier, Sonora	Sapuchi
33	San Antonio No 20 Fracc. VI	224779	24.8901	January 29, 1999	June 6, 2055	232.26	San Javier, Sonora	Sapuchi
34	San Antonio No. 20 Fracc. v	224778	0.8654	January 29, 1999	June 6, 2055	8.05	San Javier, Sonora	Sapuchi
35	San Antonio No. 20 Fracc. IV	224777	281.9012	January 29, 1999	June 6, 2055	2,630.43	San Javier, Sonora	Sapuchi
36	San Antonio No. 20 Fracc. III	224776	64.6012	January 29, 1999	June 6, 2055	59.33	San Javier, Sonora	Sapuchi
37	San Antonio No. 20 Fracc.	224775	1,276.9418	January 29, 1999	June 6, 2055	11,915.17	San Javier, Sonora	Sapuchi
38	San Antonio 20 Fracc. I A	228 135	2,726.8548	October 4, 2006	April 19, 2055	25,444.36	San Javier, Sonora	Sapuchi
39	Ampl. Las Goteras	223949	1.4996	June 5, 1998	March 14, 2055	13.98	San Javier, Sonora	Sapuchi
40	La Candelaria	223947	2.4881	June 5, 1998	March 14, 2055	23.22	San Javier, Sonora	Sapuchi
41	Sanex 12 Fracc. IV	201568	1.2955	October 11, 1995	October 10, 2045	20.99	San Javier, Sonora	Sapuchi
42	San Antonio 14 Fracc. 2	228137	60.0000	March 16, 2001	February 2, 2054	559.88	San Javier y Soyopa, Sonora	Sapuchi
43	San Antonio 211	204878	80.5424	May 27, 1997	May 36, 2047	751.53	San Javier, Sonora	Transfer in Progress*
	Total:					105,258.65

Year	Location/Deposit	Number of Drill Holes	Total Length (m)	Type of Drilling
1994	California	16	1,411.22	RC
1994	Golfo de Oro	18	1,626.71	RC
1994	Miguelillas	5	283.46	RC
1994	Sapuchi	17	1,347.23	RC
1995	California	5	1,098.3	DD
1995	California	26	4,714.44	RC
1995	Calvario	2	182.88	RC
1995	Golfo de Oro	30	4,887.1	RC
1995	Golfo de Oro	8	2,319.82	DD

Year	Location	Target	Hole ID	Number of Drill Holes	Total Length (m)
2003	Realito	Gold	C58-C68	11	1,499
2004	Realito	Gold	C69-C104	36	4,871
2005	Realito	Gold	C105-C116	12	1,898
2006	Luz del Cobre	Copper	LUZ01-LUZ13	13	977
2007	Trion-Luz del Cobre	Copper	(LUZ) OR (TR)14-(LUZ) OR (TR)54	41	3,957
2008	Trion-Luz del Cobre	Copper	LUZ/TR55-LUZ/TR83	29	3,396
2008	Sapo-Carrizo	Copper	CAR01-CAR02 & SAP03-SAP09	9	1,993
2003 to 2008	Total			151	18,591

Year	Cu Cathode (t)	Run-of- Mine Ore (t)	Waste (t)	Total (t)
2011	-	21,821	100,355	122,176
2012	2,284	807,475	4,558,952	5,366,427
2013	5,377	955,927	4,212,287	5,168,214
2014	5,733	1,015,634	4,650,206	5,665,840
2015	1,390	-	-	-
2016	1,617	-	-	-
2017-2018	1,806	-	-	-
Total	18,207	2,800,857	13,521,800	16,322,657

Deposit	Number of Drill Holes			Number of Metres
Deposit	Phase 1	Phase 2	Total	Phase 1	Phase 2	Total
Sapuchi	41	76	117	7,759.90	7,993.33	15,753.23
Golfo de Oro	22	11	33	4,552.35	1,994.75	6,547.10
California	22	5	27	4,680.30	889.10	5,569.40
Totals	85	92	177	16,992.55	1,0877.18	27,869.73

Deposit	Drill Hole ID		From (m)	To (m)	Length (m)	Au (ppm)	Ag (ppm)
Sapuchi	SP-DD-21-001		6.35	17.25	10.90	1.42	8.05
	SP-DD-21-001		42.50	55.00	12.50	2.16	2.90
	SP-DD-21-001	including	49.40	50.50	1.10	11.45	13.80
	SP-DD-21-001		83.85	98.65	14.80	1.04	2.00
	SP-DD-21-003		39.50	54.50	15.00	1.22	2.44
	SP-DD-21-005		89.80	94.85	5.05	2.66	4.27
	SP-DD-21-006		119.15	129.40	10.25	2.37	2.02
	SP-DD-21-006		418.05	435.75	17.70	1.01	11.75
	SP-DD-21-007		30.10	43.95	13.85	1.50	3.06
	SP-DD-21-007		54.05	63.50	9.45	1.58	32.51
	SP-DD-21-008		11.20	31.65	20.45	1.08	2.69
	SP-DD-21-008		62.55	84.70	22.15	1.59	3.68
	SP-DD-21-008		165.00	177.65	12.65	2.94	3.98
	SP-DD-21-008	including	173.25	173.95	0.70	44.40	54.40
	SP-DD-21-010		27.50	36.50	9.00	2.24	14.32
	SP-DD-21-010	including	32.00	33.50	1.50	10.90	63.20
	SP-DD-21-011		8.10	28.95	20.85	0.72	4.13
	SP-DD-21-012		11.10	26.00	14.90	1.22	1.20
	SP-DD-21-013		77.60	87.80	10.20	1.06	3.75
	SP-DD-21-019		167.40	207.30	39.90	1.02	3.90
	SP-DD-21-023		21.90	38.75	16.85	0.94	2.36
	SP-DD-21-028		192.05	196.30	4.25	3.39	13.46
	SP-DD-21-029		85.75	105.05	19.30	1.60	3.09
	SP-DD-21-031		163.50	168.20	4.70	3.34	7.13
	SP-DD-21-034		2.30	24.30	22.00	1.30	3.06
	SP-DD-21-038		5.85	27.50	21.65	2.14	3.05
	SP-DD-21-038	including	21.50	23.00	1.50	9.99	2.63
	SP-DD-21-039		23.80	37.25	13.45	1.33	3.75
	SP-DD-21-040		70.35	99.55	29.20	1.52	13.77
	SP-DD-21-046		55.00	72.00	17.00	1.02	3.34
	SP-DD-21-047		18.50	30.35	11.85	1.80	1.19
	SP-DD-21-060		2.70	11.80	9.10	2.19	5.35
	SP-DD-21-060A		3.70	25.75	22.05	0.62	5.00
	SP-DD-21-060A		177.70	183.00	5.30	3.58	2.71
	SP-DD-21-065		55.55	70.35	14.80	1.37	1.84
	SP-DD-21-067		170.25	180.80	10.55	1.26	0.73
	SP-DD-21-071		2.80	35.00	32.20	0.81	1.77
	SP-DD-21-073		0.00	27.25	27.25	0.82	3.11
	SP-DD-21-075		144.50	153.00	8.50	1.32	9.32
	SP-DD-21-081		1.30	27.95	26.65	0.93	6.76
	SP-DD-21-081		35.60	44.10	8.50	2.35	3.99
	SP-DD-21-082		22.15	30.95	8.80	2.49	8.32
	SP-DD-21-082	including	23.60	25.10	1.50	7.78	5.30
	SP-DD-21-083		12.60	19.35	6.75	2.01	1.66

Laboratory	Stage	Method Code	Description
ALS¹	Sample Preparation	PREP-31	Crush to 70% less than 2 mm, riffle split off 250 g, pulverize split to better than 85% passing 75 microns.
	Gold Determination	AU-AA24	Au 50 g Fire Assay AA finish
	Multi-Element	ME-MS61	ICP-MS 48 Elements, Four acid digestion
	Gold (>10 ppm)	Au-GRA22	Au by fire assay and gravimetric finish
	Silver (>100 ppm)	AG-OG62	Ag by HF-HNO₃-HClO₄ digestion with HCl leach, ICP-AES or AAS finish. 0.4 g sample
	Copper (>10,000 ppm)	Cu-OG62	Four acid digestion and ICP finish. 0.4 g sample
Bureau Veritas²	Sample Preparation	PRP70-250	Crush, split and pulverize 250 g rock to 200 mesh
	Gold Determination	FA450	50 g Lead Collection Fire Assay Fusion - AAS Finish
	Multi-Element	MA200	45 element - ICP-ES/MS
	Gold (>10 ppm)	FA550	Lead collection fire assay 50G fusion - Grav finish
	Copper (>10,000 ppm)	MA370	4-Acid Digestion ICP-ES Finish

Control Sample Type	Number	% Of Assayed Samples	% By Category
Blanks
Coarse Blanks	692	3.3%	3.8%
Fine Blanks (Not Certified)	79	0.4%
Fine Blanks (Certified)	100	0.5%
Standard Reference Material
OREAS 61f	86	0.4%	3.8%
OREAS 152B	68	0.3%
OREAS 502C	196	1.0%
OREAS 504C	200	1.0%
OREAS 507	125	0.6%
OREAS 609	108	0.5%
CDN-CM-43	97	0.5%
Duplicates
Core	957	4.5%	4.5%
Rejects	20	0.1%
Pulps	36	0.2%
Referee Lab	29	0.1%
TOTAL	2,793		12.0%

SRM	Number of Samples	Historical Mean	Certificate Mean	Relative Difference %	SRM Matrix
OREAS 61f	86	4.665	4.600	0.014	Coarse reject splits of gold-silver ore samples blended with barren andesite
OREAS 152B	68	0.135	0.134	0.004	Porphyry cooper SRM from copper ore drilling reject material.
OREAS 502C	196	0.484	0.488	0.009	Blend of porphyry copper-gold ore, barren granodiorite and a minor quantity of Cu-Mo concentrate
OREAS 504C	200	1.466	1.480	0.010	Blend of porphyry copper-gold ore, barren granodiorite and a minor quantity of Cu-Mo concentrate
OREAS 507	125	0.177	0.176	0.005	Blend of porphyry copper-gold ore, barren granodiorite and Cu-Mo concentrate
OREAS 609	108	5.133	5.160	0.005	Blend of silver-copper-gold bearing ores
CDN-CM-43	97	0.306	0.309	0.009	Imperial Metal's Mount Polley mine low grade ore
TOTAL	880

	OREAS 61f	OREAS 152B	OREAS 502C	OREAS 504C	OREAS 507	OREAS 609	CDN-CM-43
Statistics	Au	Au	Au	Au	Au	Au	Au
Count	86	68	196	200	125	108	97
Min	4.390	0.123	0.445	1.360	0.159	4.689	0.275
Max	4.990	0.144	0.530	1.600	0.191	5.520	0.358
Mean	4.665	0.135	0.484	1.466	0.177	5.133	0.306
Std Dev	0.094	0.004	0.014	0.042	0.006	0.194	0.017
Certificate
Cert Mean	4.600	0.134	0.488	1.480	0.176	5.160	0.309
Cert Std Dev	0.134	0.005	0.015	0.045	0.006	0.139	0.040
% Bias	1.4	0.4	-0.9	-1.0	0.5	-0.5	-0.9
Certificate ± %
Mean + %	5.06	0.15	0.54	1.63	0.19	5.68	0.34
Mean - %	4.20	0.12	0.44	1.32	0.16	4.62	0.28
Ok @ %	86	68	196	200	124	108	92
Failures > %	0	0	0	0	1	0	5
% Failures > %	0	0	0	0	1	0	5
Mean ± %	4.6 ± 0.46	0.13 ± 0.01	0.49 ± 0.05	1.48 ± 0.15	0.18 ± 0.02	5.16 ± 0.52	0.31 ± 0.03
Certificate ±2SD

Field ID (2021)	Historical Sample ID	WGS 84		Assay	Description
Field ID (2021)	Historical Sample ID	X	Y	Gold (ppm)	Description
493801	NI	631,854	3,167,943	0.261	Red-oche breccia with abundant FeOx, and white-argillized zones
493802	78610 and2053	631,818	3,167,958	0.534	Breccia with abundant silica veinlets and well crystallized-quartz veins.
493803	NI	631,856	3,167,909	1.89	Breccia with semi-horizontal quartz veins and thins veinlets. Abundant FeOx.
493804	NI	631,745	3,168,017	0.153	Antique mine workings. Breccia with abundant silica veins. Abundant FeOx.
493805	NI	631,759	3,168,899	2.47	Antique mine workings. Breccia with semi-horizontal quartz veins & silica veinlets
493806	NI	630,560	3,166,853	2.91	Grab sample on mineral stockpile. Recent low scale-artisanal mining work.
493807	NI	630,736,	3,166,868	2.34	Shear zone along the contact between intrusive and sediments. Strongly fractured. Abundant FeOx.
493808	NI	631,209	3,166,598	2.05	Contact zone between argillized intrusive and brecciated sediments. Abundant FeOx.
493809	NI	630,948	3,166,928	3.66	Zone with abundant FeOx at the footwall of faulted structure.

Sample ID (2021)	Original Sample ID	Hole ID	From (m)	To (m)	Au (ppm)			Ag (ppm)
Sample ID (2021)	Original Sample ID	Hole ID	From (m)	To (m)	Original	Duplicate	RD	Original	Duplicate	RD
493842	44303	SP-DD-21-102	7.1	9	1.425	0.859	49.6	3.55	3	16.8
493843	44323	SP-DD-21-102	35	36.5	2.86	1.200	81.8	37.9	29	26.6
493844	44334	SP-DD-21-102	48.5	50	2.97	9.580	105.3	2.45	<2
493845	54183	GO-DD-21-042	1.1	3	0.082	0.100	19.8	0.51	<2
493846	7836	CA-DD-21-091	47.2	48.7	0.652	0.702	7.4	1.6	<2
493847	7850	CA-DD-21-091	65.2	66.7	2.165	1.810	17.9	7.2	3	82.4
493848	7854	CA-DD-21-091	71.2	72.7	0.269	0.294	8.9	0.7	<2
Mean					1.49	2.08	33.0

Sample ID (2021)	Original Sample ID	Hole ID	From (m)	To (m)	Au (ppm)			Ag (ppm)
Sample ID (2021)	Original Sample ID	Hole ID	From (m)	To (m)	Original	Duplicate	RD	Original	Duplicate	RD
493810	846013	SP-DD-21-003	17	17.95	0.647	0.997	42.6	4.06	2	68.0
493811	846042	SP-DD-21-003	49.85	51.25	1.99	0.602	107.1	0.75	<2
493812	846035	SP-DD-21-003	42	43.35	2.71	0.815	107.5	1.74	<2
493813	846038	SP-DD-21-003	46.35	47.85	1.73	2.1	19.3	1.22	<2
493814	846061	SP-DD-21-003	70.4	71.9	0.82	0.316	88.7	2.36	2	16.5
493815	846074	SP-DD-21-003	83	84.5	1.585	1.43	10.3	1.19	<2
493816	846103	SP-DD-21-003	115.15	116.7	1.235	1.16	6.3	1.34	<2
493817	7269	GO-DD-21-086	115.5	117	1.36	0.732	60.0	0.2	<2
493818*	7454					0.761			<2
493819	7376	GO-DD-21-086	243	244.5	0.505	0.542	7.1	0.4	<2
493820	8766	GO-DD-21-090	109.8	112.4	0.683	0.688	0.7	1.6	<2
Mean Values**					1.33	0.92	36.0