Emerging Gold Producer with Massive Exploration Upside
Calcatreu Project
•
41,800 ha property (100% interest) located ~80 km southwest
of the town of Jacobacci in south central Rio Negro Province
Easily accessible through highway with access to key regional
infrastructure (rail, power and skilled labour)
⚫ Lies on the Somuncura Massif along the Gastre Fault System,
a highly prospective NW-SE-oriented belt hosting many
precious metal deposits across Chubut and Rio Negro
Company has recently acquired over 100,000 ha along this belt
High-grade, low sulphidation, epithermal gold-silver system
Gold-silver mineralization outcrops from surface and is contained in
quartz and calcite veins and stockwork between 1 m to 5 m in width
At least 11 significant vein systems across the property
•
Vein 49, Nelson and Belen zones contained within a 2.5 km by 500
m area. Castro Sur contained within an area of 1.7 km by 100 m
Most advanced is the Vein 49/Nelson system, which has been
delineated over a 2.5 km strike with widths of up to 20 m
Mineralization extends to depth of at least 370 m
• Identified new epithermal veins less than 0.5 km from
Calcatreu's current mineral resources
•
Advancing towards feasibility study in 2021.
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TSXV:PGDC
NI 43-101 Resource Estimate (December 2018)
Category
Ing. Jacobacci
CANCE
VETA 49
Calcatreu Project
Zone
Grade
Indicated
Inferred
Vein 49
Nelson
Castro Sur
Total
Vein 49
1.58
2.36
Tonnes
000s g/t Au g/t Ag g/t AuEq 000 oz Au 000 oz Ag 000 oz AuEq
6,447 2.45 21.01 2.71
1,383 1.51 16.94 1.72
2,010 1.40 14.77
9,841 2.11 19.83
Contained Metals
512
4,568
568
67
753
76
90
954
102
669
6,275
746
2,863 1.48 13.38
1.64
136
1,231
151
Nelson
1,448 1.42 14.66
Belen 681 1.61 23.32
Castro Sur 3,086 1.12 9.81
1.60
66
682
74
1.90
35
511
42
1.24
111
974
123
Total
348
3,399
390
8,078 1.34 13.09 1.50
Resource estimate prepared by Cube Consulting Pty Ltd. in a technical
report with an effective date of December 31, 2018. Resource estimate
shown is based on a cut-off grade of 0.5 g/t AuEq (using a US$1,300/oz
gold price and US$16/oz silver price) AuEq values calculated using a
81.25 silver:gold ratio
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