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Eurotin Inc.

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Summary

Project:

Oropesa

Deposit:Oropesa
Location:Spain
Commodities:Tin
Date:9/20/2018
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:20-9-2018: Eurotin Inc. announces a Resource Estimation report for its Oropesa deposit at the Oropesa project. Upgraded mineral resource estimate at the project. SRK Consulting (UK) Limited (“SRK”) has been requested by Minas De Estaño De España, SLU (“ME
Resources:(Resource, M+I): 9340Kt @ 0.55% Sn for 50910t Sn contained at Oropesa
CP/QP:[Resources]: Robert Goddard (SRK Consulting (UK) Ltd.)
ABSTRACT:SRK Consulting (UK) Limited (“SRK”) has been requested by Minas De Estaño De España, SLU (“MESPA” or “the Company”) to prepare an update of the Mineral Resource Estimate (MRE) on the Oropesa Tin Project (“Oropesa” or “the Project”). The Oropesa property represents a 14.51 km2 concession package located approximately 75 km northwest of Cordoba and 180 km northeast of Seville, Region of Andalucía, in southern Spain. The Company has earned a 96% interest in the Oropesa property with registered title to the property with the Andalucia mining authorities under the Spanish Mining Act SRK first produced a Mineral Resource Estimate (“MRE”) for the Project in October 2012, then updated this in June 2014 and October 2015 and now provides this update based on targeted infill drilling. The MRE given in this technical report (the Technical Report) has been prepared using the guidelines and terminology given in the CIM Code and presents the most up to date MRE, which is based on some 54,026 m of drilling for a total of 261 drillholes. The latest phase of exploration work completed by the Company focused on improving the geological confidence in the model within a small zone of relatively high grade, near-surface mineralisation (targeted for open pit extraction) in the west of the Oropesa deposit. The 14.51 km2 Oropesa property is located approximately 75 km northwest of Cordoba and 180 km northeast of Seville in the Cordoba Province, Region of Andalucía, in southern Spain (Figure 4-1). The licence is host to the Oropesa Tin Project, as well as the La Grana West and La Grana East tin occurrences which were discovered in the 1980s by the Spanish government agency “Instituto Geologico y Minero de Espana” (“IGME”). The La Grana West and East tin occurrences are excluded from this Mineral Resource estimate, which reflects the Company’s current focus on the Oropesa deposit.

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