Ann: Multiple High Grade Intercepts at Hualilan, page-62

Anybody here NOT thinking we'll get resources >10moz within two years?

The original premise for Hualilan was that the +600koz in the previous resource would firm up to >2moz with drilling. Now the high grade gold is supplemented or superseded by the skarn/IRGS and then there is the deeper porphyry system/s.Even 5moz might be too conservative a guess because Hualilan is open everywhere.

The El Guayabo/Colorado V narrative was originally all about Cu/Au porphyries but in the second half of 2020 this changed to include an IRGS play that stretches for 4km from ZK0-2 in the northwest for 2km to the tenement boundary in the southeast and for another 2km to a drill hole at El Guayabo with the same rocks.


Late in 2020 two new porphyry targets were identified at Colorado V. These are in addition to at least three similar targets at El Guayabo. There'll very likely be more than 5moz AuEq here.

It's going to be a fantastic time in 2021!

Hualilan - an updated MRE this qtr, ongoing drilling into 3 separate gold systems with at least 5 rigs ;
Colorado V/El Guyabo - more assays from historic drilling that was aimed at high grade gold veins, not bulk tonnage and more surface work prior to first drilling by Challenger.