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Transaction Announcement Reports
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Project: | Cachinal | |
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Deposit: | Cachinal | |
Location: | Chile | |
Commodities: | Silver-Gold-Zinc | |
Date: | 10/30/2019 | |
Report Code: | NI43-101 | |
Report Type: | Supporting Acquisition | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 30-10-2019: Aftermath Silver Ltd. announces a Supporting Acquisition report for its Cachinal deposit at the Cachinal project. Summary of property. On June 25, 2018, Aftermath Silver Ltd. (Aftermath) announced that it entered into a definitive agre | |
Resources: | ||
CP/QP: | [Overall Report]: Glen Cole, Jean-Francois Couture (SRK Consulting (Canada) Inc.) | |
ABSTRACT: | On June 25, 2018, Aftermath Silver Ltd. (Aftermath) announced that it entered into a definitive agreement with Apogee Opportunities Inc. (Apogee Opportunities) to purchase their holding in the Cachinal De La Sierra Silver-Gold Project (Cachinal Project) through the of purchase of Apogee Opportunities’ shares in the Chilean holding company Minera Cachinal S.A., representing 80 percent ownership. This technical report originally prepared for Valencia Ventures Inc. (Valencia) and subsequently re-addressed for Apogee is now being readdressed to Aftermath on August 7, 2018 to support the original disclosure of a Mineral Resources Statement prepared by SRK Consulting (Canada) Inc. (SRK) on April 30, 2008. The Cachinal project is a resource delineation stage silver-zinc-gold exploration project located in the Cachinal de la Sierra area in the Region II of Chile. It is located approximately 175 kilometres southeast of Antofagasta, Chile. The project encloses several silver occurrences including the Cachinal silver-gold deposit that is an exploration focus of Aftermath. During the third quarter of 2007, Valencia commissioned SRK to review and audit the exploration work undertaken by Valencia, and to prepare a revised mineral resource estimate for the Cachinal silver-gold deposit. This technical report documents the resource model constructed by SRK. It was prepared following the guidelines of the Canadian Securities Administrators National Instrument 43-101 and Form 43-101F1, and in conformity with generally accepted CIM “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines.” SRK visited the Cachinal project on October 10, 2007. | |
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