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
