Here's the full disclosure - FYI - nobody cares - it will take assays from the first drill hole to move this stock:
17.0 OTHER RELEVANT DATA AND INFORMATION
As per NI-43-101, part 2.3 (2a and 2b) the author will comment on the potential of the mineralized structure at Angostura that is the target of further exploration. It must be noted that this potential quantity and grade is conceptual in nature, as such, there has been insufficient exploration to define a mineral resource. It is uncertain if further exploration will result in the targets being delineated as a mineral resource.
Surface geological mapping and trenching show the oxide mineralized structure extends at least 2 kilometers WNW of the Angostura Creek and 2 kilometers ENE of it. We can then consider a strike length of approximately 4 kilometers in terms of lateral continuity. Trenching and outcrop mapping show that widths vary from a few meters to at least 80 meters. An average width of 30 meters will be assumed. To estimate depth of mineralization the following can be considered: Mineralization has been exposed by trenching at approximately 3,925 meters above sea level, and at the base of the Angostura Creek, at approximately 3,380 meters above sea level. This will give a vertical elevation difference of 545 meters. For vertical continuity (not differentiating between oxide and primary mineralization), 300 meters will be considered depth of mineralization from surface. A specific gravity of 2.5 will be used to calculate tonnage potential based on similar mineralization as that found at the Santa Rosa Mine.
Using the above parameters the potential tonnage can be estimated as follows:
Strike Continuity = 4,000 meters
Average width = 30 meters
Depth = 300 meters
S.G. = 2.5
It could then be stated that a potential tonnage for the mineralized gold bearing structure may be in the range of 45 to 90 million tonnes. The low end tonnage considers that only 50% of the calculated tonnes may contain potentially economic mineralization. Grades could range from 1.0 to 3.0 g/t gold and based on surface trench and underground sample analytical results.