El Grande

• Expansive property; 11 individual claim blocks covering 550 km2
• Located in Nayarit state of Mexico, approx. 250km north of Guadalajara
• Situated on the prolific Sierra Madre Occidental (“SMO”) gold-silver belt
• Project is under-explored and undrilled
• On trend with major precious metal mines and deposits 
• Excellent infrastructure: near major highway, road access, power, rail service, labour, and a nearby port
• Widespread evidence of gold mineralization
• Lack of modern exploration provides a unique opportunity to be the first mover in a potential district-scale gold-silver system

Mexico:

• Mexico has a rich mining history
• Consistently ranks in the world’s top 10 producing countries for gold, silver, and copper. Other important mineral products include lead, zinc, coal, iron, and graphite
• Total value of minerals produced in Mexico in 2018 was $US13.5B⁽¹⁾ including precious, non-precious, and industrial minerals
• Ranked 4th in world for foreign direct investment in mining in 2019 at $US5.47B⁽²⁾

Sierra Madre Occidental (SMO) Gold-Silver Belt:

• 700-1000km long belt from Sonora to Nayarit
• Geology includes a Lower Volcanic Sequence with a very rich endowment of mineral resources
• Hosts numerous large scale precious metals mines and deposits

General Geology & Mineralization:

• Upper Volcanic Sequence has a minor potential presence on the property
• Lower Volcanic Sequence has a major presence on the property
• Sierra Madre geology is covered by recent Pleistocene cover of the coastal plain to the west

Mineral Occurrences:

The El Grande property hosts a collection of under explored mineral occurrences representing a wide range of potential deposit types including:

• Bulk-tonnage - epithermal-style oxide gold occurances (disseminated and veinlet mineralization):
  •  Aztlan B, Dolorosa, Los Gallos, San Ramon and San Martin
• High-grade, epithermal gold plus silver and silver plus gold vein systems (distint mineable vein systems) 
  • Los Torres
• Iron-oxide, copper-gold (IOCG) targets
  • Angel Wing

El Tule Basin:

• Basin rimmed on three sides by prominent topographic volcanic ridges of Lower Volcanic Sequence rocks
• Hosts numerous target areas that largely share a similar set of characteristics
• Gold and silver mineralization hosted in strongly clay and iron oxide altered sheared and brecciated felsic volcanic rocks with zones of quartz veins and veinlets

Aztlan B and Los Gallos:

• 1500 m x 300 m soil anomaly was defined on the east side of El Tule Basin, remains under explored and drilled

Dolorosa:

• Gold mineralization on Dolorosa and contiguous San Martin, and San Ramon claims shares similar geological characteristics to that seen at the historical nearby El Polo mine
• Hosts a 10m X 30m pit with numerous satellite prospects, and hosts strongly altered and sheared volcanic rock with quartz veinlets

Angel Wing:

• Hosts a shallow shaft, with Au-Cu-Ag mineralization present in a zone of brecciation, including bladed “wing” shaped amethystine crystal clusters
• 30 to 40 m-wide trench exposes a 10-m-thick quartz vein breccia containing large gossanous clots of massive chalcopyrite and bornite, as well as copper sulphates and specular hematite

Los Torres Epithermal Vein:

• Undrilled, 4-6km long, 10 to 40 m wide epithermal quartz vein trend
• Quartz displays barnacle-like textures (“Rollados”) suggestive of formation in a near-surface hot spring environment
• Quartz textures suggest bonanza gold grades may lie at depth