El Roble Mine

NI 43-101 Mineral Resource

Contained Metal

Cu Eq Cutoff (%) Tonnes  (000) CuEq (%) Cu (%) Au (g/t) Ag (g/t) Cu Lbs (000) Au oz   (000) Ag oz   (000)
Measured Resources
0.93% 791 4.94 3.68 2.61 10.06 64,189 66 256
Indicated Resources
0.93% 1,074 4.27 3.29 2.02 8.00 78,023 70 276
Total Measured + Indicated @ 0.93% Cu Eq.
0.93% 1,865 4.55 3.46 2.27 8.87 142,212 136 532
Inferred Resources
0.93% 255 4.75 4.10 1.34 5.21 23,042 11 43
Click table to enlarge

Note: Copper equivalency estimates were derived using metal prices of US$ 2.80/lb for Copper and US$ 1200/oz for Gold
 

The mineral resource estimate update was prepared in accordance with the definitions in the Canadian National Instrument 43-101 and based on data from 230 drill holes totaling 27,945 meters completed by Atico, during 2010 and up to June 2015. Data from 463 channel samples over a total length of 1,838m in the various deposits were also used. Mr. Michael Lechner and Mr. Donald Earnest have acted as independent Qualified Persons, as defined by the Canadian National Instrument 43 -- 101 and have reviewed and approved the mineral resource estimate update.

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