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Auxico Resources Canada Inc.
Summary
| Project: | Zamora | |
|---|---|---|
| Deposit: | Zamora | |
| Location: | Mexico | |
| Commodities: | Gold-Silver | |
| Date: | 8/28/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-8-2017: Auxico Resources Canada Inc. announces a Supporting Acquisition report for its Zamora deposit at the Zamora project. Summary of property in support of Acquisition. The Zamora Silver-Gold Property (“Zamora”), according to historical records is c | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Joel Scodnick (Sierra Geological Consultants Inc.) | |
| ABSTRACT: | The Zamora Silver-Gold Property (“Zamora”), according to historical records is characterized by fifteen mines/prospects, fourteen of which were visited by the author of this report, and one, the Aguamas Mine which has not yet been located. All of the mines and/or prospects which will be described in this report have varying degrees of exploration, development and production. One of the properties which is mentioned in different parts of the report is referred to as La Franca which Auxico Resources Canada Inc. (“Auxico”) does not have title to`. La Franca was visited and sampled by the author even though it does not belong to Auxico Resources Canada Inc. and the reason being is that it lies within the Campanillas Claim and contains a high-grade sample of silver and gold (Sample no. B00127720, 1.72 kg/t Ag, 12.96 g/t Au). Table 1 below shows the various mines and/or prospects described in this report and are listed from north to south. Another historical mine called Don Ignacio was also located and is located just 100m north of the northeast boundary line, and just north of Chico Pico and La Tahuanita. According to all available data, there has never been a milling operation or concentrating plant on this property; the ore was so rich that it was direct shipping ore to the La Minita plant located approximately 25 km from Zamora . During the 2014 exploration campaign the author of this technical report, along with Antonio B. Flores Martinez, Eng., had the opportunity to sample eight out of the fifteen historical mines/prospects. This exploration program confirmed the high-grade nature of certain areas of the Property where silver samples as high as 14.4 kg/t (see DST Report dated June 19th, 2014) were returned. This particular sample of 14.4 kg/t Silver was randomly selected from a stockpile just outside the portal at the Campanillas Mine (Campanillas) when the exploration activities actually commenced. | |
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