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Sandspring Resources Ltd.

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Summary

Project:

Chicharron

Deposit:Chicharron
Location:Colombia
Commodities:Gold-Silver
Date:9/6/2018
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:6-9-2018: Sandspring Resources Ltd. announces a Supporting Acquisition report for its Chicharron deposit at the Chicharron project. Summary of property. Dr. Stewart D. Redwood, Consulting Geologist, prepared this independent Qualified Person’s NI 43-101
Resources:x
CP/QP:[Overall Report]: Stewart D. Redwood (Independent)
ABSTRACT:Dr. Stewart D. Redwood, Consulting Geologist, prepared this independent Qualified Person’s NI 43-101 Technical Report of the Chicharron Project in Segovia, Department of Antioquia, Colombia for Argentum LLC (Argentum), a private company registered in Delaware, USA. The Chicharron Project is located 130 km NE of Medellin (227 km by road) in the Municipalities of Segovia and Remedios, Department of Antioquia, north-western Colombia, at 7°04’45” N and 74°40’07” W. It is about 4.4 km east of the town of Segovia. The mining rights are owned by Zandor Capital S.A. Colombia (Zandor Colombia), a branch of Zandor Capital S.A., Panama which, in turn, is a subsidiary of Gran Colombia Gold Corp. of Toronto. The mining rights comprise part of Mining Title No. RPP-140 “Ñemeñeme” of 2871.4524 ha, granted in perpetuity. Zandor Colombia has made available an area of about 386 ha at the eastern end of RPP-140 to Argentum by way of a joint venture agreement between Argentum (70%) and Zandor Capital (30%) dated 31 August 2017 for a period of 25 years, which can be extended by 15 years.

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