|Resource Classification||Tonnes (Mt)||Grade||Contained Metal|
|Silver (g/t)||Gold (g/t)||Silver (Moz)||Gold (Koz)|
For full details please see the April 2018 43-101 Technical Report “Independent Technical Report for the Cachinal Silver-Gold Project, Region II, Chile.” QPs Cole, G and Couture, J. of SRK Consulting (Canada) Inc. prepared for Aftermath Silver.
CACHINAL Acquisition Terms
By agreement dated as of June 22, 2018, as amended by agreements dated June 24, 2019 and July 24, 2019, Aftermath agreed to purchase from Apogee 80% of the issued shares of Cachinal, which owns a 100% interest in the Cachinal Property, for $1,575,000. The vendor has the right to receive all or part of the purchase price in the form of common shares of Aftermath at a deemed price of $0.20 per common share.
The purchase is to be closed 5 business days following the acceptance of the Purchase Agreement by the TSX Venture Exchange, and the initial payment of $250,000 is to be paid on closing. Additional payments of $250,000, $525,000 and $550,000 are due 6, 12 and 18 months following the closing, respectively.
Immediate Work Program
Long Section – Pit Optimization & High Grade Shoot Projection to Depth
Cachinal Infrastructure Advantages
Guanaco Plant Site – from Austral Gold web site
Epithermal Vein Deposit Model – Schematic Relative Position of Cachinal and Challacollo Ag-Au Deposits (modified after Magaw 2010, )