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Esperanza

2018 Drill Intersections

Drillhole

Azimuth

Dip

From
(m)

To
(m)

Interval
(m)
1

Copper
(%)

Gold
(g/t)

Copper
Equivalent (%)2

18-ESP-025 280 -67 0 387 387 0.57 0.27 0.78
including 0 368 368 0.59 0.28 0.81
including 0 232 232 0.74 0.33 1.00

18-ESP-027

285

-65

0

451

451

0.21

0.12

0.30

including

10

110

100

0.29

0.16

0.42

including

86

110

24

0.43

0.12

0.52

Notes 1 True width is not known.  2 Copper equivalent = Copper grade % + (0.795 x gold grade g/t), where the conversion factor of 0.795 is calculated by comparing the value of copper $2.20/lb to the value of gold at $1,200/oz and assuming 100% recovery.