Investor Presentaiton
The Mogollon Project Highlights
Under explored opportunity with
potential to be one of the last great vein
fields in the US
Unfinished business with extensive
drilling required to test extensions of a
prematurely shuttered mine
Multiple Targets emerging from
detailed ground work and historic data
compilation with extensive undrilled
high-grade mineralization at surface
Project is progressing under a minimal
impact exploration permit
Largest historic silver producer in New
Mexico with at least 16.4 Moz Ag and 339
koz Au of production at grades of 298 g/t
Ag and 6.16 g/t Au or 795 g/t AgEq
between the 1880's
and 1942
*
Located in an area rich in natural
resource development, with ongoing
community engagement with stakeholders
in the region
First program will only test 1%
of the prospective strike length of veins
on the project
*AgEq is calculated using US$20/oz Ag, US$1,800/oz Au, with metallurgical recoveries of Ag - 90% and Au- 95%. AgEq = (Ag
grade x Ag recovery)+((Au grade x Au recovery) x (Au price / Ag price))
Sources: USGS 1927, Blackhawk Mines corporate production records 1942
A
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