Advancing exploration projects in Colombia

The San Luis gold project (2,623 hectares) is located in the department of Huila, a prolific mining area in central Colombia, approximately 80 kilometres northwest of the capital city, Neiva. The approximate driving time between Neiva and the project is 2.5 hours. The San Luis project has established infrastructure, including road access, power and water, and is located on the eastern flank of the Central Cordillera at a relatively low altitude ranging from 1,400 metres to 2,100 metres.

San Luis has a rich history of mining in the area dating back to the 19th century. There are over 31 historical mines at the project. The historical high-grade gold and silver mineralization in these mines is related to quartz veins within andesite dikes in volcanic clastics and granodiorite host rocks. Also, and importantly, the gold and silver vein structures occur over a vertical zonation greater than 500 metres project wide, indicating potential favourable vertical continuity of mineralization. Lastly, gold and silver mineralization has been traced on surface for over three kilometres along various vein structures at the project area.