MACHACALA

Hardrock Data

The Machacala Project corresponds to a low sulphidation epithermal Au-Ag vein deposit. It is emplaced in a NW shear-zone. The Machacala System constitutes over 10km of mineralized veins which has been categorized by Meridian Gold into three sub-systems.  In 2004, Gold Hawk estimated a total inferred resource of over 1,560,000 tons with a gold equivalent of 420,000 ounces for the overall project.

 

CARIDADA VEIN SYSTEM
Caridad I
Caridad II
Caridad III

 

VELARDE VEIN SYSTEM
San Viviano
Honestidad
San Juan de Velarde
Fragua
El Chorro
San Felipe

PLANTA – CASA FUERZA VEIN SYSTEM
Uno
Planta
Casa Fuerza
Tres

Estimated Grades:
     Gold (Au):     5 g/t Au
     Silver (Ag):   155 g/t Ag  

 

Estimated Vein Dimension Averages:
     Strike Length:           1km  (range 0.5km – 2.5km)
     Depth:                       500m  (Au, Ag)
     Width:                       1.5m  (range 1.0m  – 10.0m)

 

Estimated Volume Potential:
     Volume (m3):            750,000  (1000m in length x 500m in height x 1.5m)
     Volume (TM/Vein):   1,875,000  (750,000 m3 x 2.5 specific gravity)

 

Potential Per Vein: 301,000 oz. Au  9,338,849 oz. Ag