INITIAL DRILL RESULTS AND EXPLORATION UPDATE AT MACHUCA PROJECT, ANTIOQUIA, COLOMBIA
Highlights:
CHU100189 1.0m@36.2 g/t Au, including 0.35m@103.4 g/t Au
CHU100191 1.35m@28.6 g/t Au, including 0.35m@104.1 g/t Au
CHU100192 1.0m@71.4 g/t Au, including 0.6m@118.7 g/t Au
Colossa Mine Channel Samples
CHU100100 2.0@61.4 g/t Au, including 0.9m@136.5 g/t Au
CHU100121 1.0m@16.9 g/t Au, including 0.2m@84.2 g/t Au
CHU201045 0.45m@66.3 g/t Au
Drill Core Highlights:
COLDDH-25-006 1.3m@8.0 g/t Au, including 0.6m@17.4 g/t Au
The Psyche 2 target area is a 2.4 km long, northeast-southwest striking trend of mineralized quartz veins, with a width of approximately 300-400 m. The target is located east of the Otú Fault, in a region predominantly underlain by undifferentiated upper-greenschist facies metasedimentary rocks (Figure 2). The rocks are strongly folded, exhibiting north-south-trending axial planes and moderately northeast-plunging fold axes. However, the fold system is only exposed in a few small creek outcrops and remains poorly constrained. The far eastern edge of the property is also poorly exposed but lies over a strong regional magnetic signature that is similar to the Segovia Batholith, which is interpreted as the western contact of the batholith in this area.
Unlike other quartz veins and informal mines along the Otú Fault, these veins have an average orientation of 240o/43o, forming a high angle relative to the northerly trending Otú Fault – similar to the orientation of Aris Mining's (TSX:ARIS)
The Otú fault system ("Otú Fault") extends for over 100 km, from Segovia-Remedios in the south to Nechi in the north, where it is buried beneath younger sedimentary overlap sequences. Soma's properties now cover over 56 km of this strike length. High-grade gold occurrences have been identified along the entire strike length of the Otú Fault, hosted in brittle-ductile to brittle quartz veins formed during later stages of deformation. Throughout the district, quartz veins display orientation patterns consistent with formation in conjugate faults associated with brittle faulting along the Otú Fault. Notable mines along this trend include Segovia-Remedios, La Aurora,
Table 1: 97.5th percentile values of Au in soil samples |
|||||
Sample |
Au |
Ag |
As |
Cu |
Zn |
SS12040 |
3700 |
450 |
8.7 |
38 |
19.7 |
SS13114 |
932 |
470 |
Pending |
Pending |
Pending |
SS11929 |
488 |
280 |
15.7 |
21.3 |
14.8 |
SS13097 |
465 |
330 |
Pending |
Pending |
Pending |
SS13087 |
389 |
450 |
71.7 |
109 |
60 |
SS11785 |
311 |
100 |
9.4 |
63.6 |
94.8 |
SS13075 |
263 |
1140 |
22.1 |
51.1 |
62.8 |
SS13088 |
257 |
290 |
21.1 |
70.3 |
55.2 |
SS11497 |
195 |
500 |
11.4 |
29.7 |
45.9 |
SS13092 |
186 |
2800 |
Pending |
Pending |
Pending |
SS13072 |
137 |
790 |
24.3 |
116 |
114 |
SS13110 |
129 |
630 |
Pending |
Pending |
Pending |
SS12035 |
121 |
390 |
4.3 |
56.7 |
75.1 |
SS13067 |
112 |
640 |
8.5 |
133 |
65.6 |
SS13089 |
101 |
240 |
20.2 |
59.8 |
75 |
SS11918 |
100 |
590 |
14.6 |
44.5 |
53.4 |
SS12253 |
96 |
220 |
3.8 |
45.5 |
31.4 |
SS13120 |
91 |
940 |
Pending |
Pending |
Pending |
SS12036 |
91 |
310 |
7.9 |
71 |
84.8 |
SS12026 |
87 |
450 |
7.3 |
42.2 |
28.2 |
Soil Sampling
An extensive soil grid covering the entire trend was completed in early 2025. A total of 884 samples were collected at 50m intervals along lines spaced 200 m apart. Assay results and multi-element geochemistry have been received for 772 samples, with results pending for the remaining 72. High gold-in-soil values define anomalous zones along the entire 1.8 km strike length of the northeast-trending structural zone.
Table 2: 95th percentile values of Cu in soil samples |
|||||
Sample |
Au (ppb) |
Ag (ppb) |
As (ppm) |
Cu (ppm) |
Zn (ppm) |
SS12220 |
7 |
100 |
0.9 |
578 |
142 |
SS10980 |
25 |
300 |
1.9 |
576 |
192 |
SS10959 |
42 |
380 |
0.3 |
506 |
79.4 |
SS13052 |
9 |
100 |
0.05 |
494 |
98.6 |
SS10954 |
58 |
100 |
0.2 |
455 |
123 |
SS10978 |
24 |
100 |
0.05 |
443 |
98.9 |
SS11465 |
20 |
100 |
4.2 |
410 |
105 |
SS12048 |
27 |
380 |
1.8 |
407 |
151 |
SS10979 |
21 |
290 |
0.05 |
405 |
126 |
SS12187 |
6 |
100 |
1.7 |
404 |
97.3 |
SS11997 |
9 |
250 |
11 |
400 |
38.5 |
SS10958 |
29 |
100 |
0.1 |
388 |
87.3 |
SS12054 |
30 |
100 |
0.05 |
379 |
161 |
SS12057 |
8 |
310 |
4.3 |
375 |
189 |
SS12186 |
9 |
100 |
1.8 |
372 |
83.4 |
SS12184 |
10 |
100 |
1.8 |
367 |
94.7 |
SS10951 |
43 |
590 |
0.9 |
362 |
84.2 |
SS11430 |
12 |
620 |
2.9 |
357 |
102 |
SS11856 |
10 |
100 |
0.4 |
356 |
108 |
SS12217 |
21 |
790 |
0.05 |
344 |
176 |
SS12189 |
12 |
210 |
1.3 |
339 |
83.7 |
SS12503 |
17 |
580 |
0.7 |
337 |
93.6 |
SS12183 |
15 |
100 |
2.4 |
336 |
49.5 |
SS11467 |
18 |
290 |
1.6 |
335 |
147 |
SS12038 |
30 |
330 |
2.7 |
333 |
189 |
SS12110 |
33 |
4700 |
0.4 |
329 |
109 |
SS12051 |
21 |
100 |
2.5 |
323 |
99.2 |
SS11429 |
9 |
520 |
15.6 |
322 |
120 |
SS12111 |
9 |
560 |
2.7 |
311 |
137 |
SS12532 |
14 |
380 |
0.05 |
310 |
99.3 |
SS12185 |
21 |
100 |
1.6 |
301 |
71.8 |
SS10953 |
20 |
100 |
0.05 |
299 |
103 |
SS11937 |
18 |
100 |
2.2 |
296 |
82.1 |
SS12216 |
7 |
760 |
0.05 |
295 |
275 |
Gold concentrations in the soil samples range from <5 ppb to 3,700 ppb. The 97.5th percentile values, ranging from 86 ppb to 3,700 ppb, are considered strongly anomalous. The 90th percentile gold value is 37 ppb. Lower, yet still elevated, gold-in-soil values along the strike of the known quartz veins are interpreted as evidence of continuity of the gold-bearing structures. Table 1 presents the 97.5th percentile soil sample results across the grid.
Figure 2 displays the gold-in-soil values superimposed on the mapped geology of Psyche 2. Solid and dashed red lines indicate mapped and interpreted vein traces in the area. All informal mines in the region are coincident with a gold-in-soil anomaly. The strike length of these Au anomalies and associated veins ranges from 300 m to 1,000 m. These are considered significant and warrant follow-up prospecting, infill soil sampling, and drilling near the informal mines.
An additional discovery from the soil grid is the distribution of anomalous copper-in-soil samples. Copper concentrations range from 5.7 ppm to 578 ppm. The 97.5th percentile values range from 360 ppm to 578 ppm, while the 95th and 90th percentile values are 295 ppm and 208 ppm, respectively. Table 2 presents the 95th percentile copper values and highlights a relationship between weakly anomalous gold and zinc values.
Figure 3 displays the copper-in-soil values superimposed on the government's regional airborne magnetic data. The 95th percentile samples are clustered along the western edge of the grid, forming a north-south trending anomaly with a strike length of approximately two kilometres. This anomaly is located near the Otú Fault and is interpreted to be controlled by associated higher-order structures. The anomalous copper samples also coincide with a prominent magnetic high in the government's airborne survey, which may correspond to a blind intrusive body. Further investigation is warranted.
Soil sampling has identified numerous gold anomalies that require follow-up prospecting and drilling. The copper anomaly is not yet well understood but presents an exciting new target for exploration to determine the geology and tenor of potential copper mineralization. Although it coincides with the magnetic anomaly, the copper remains open to the north and south. Soma recently acquired two additional mineral titles to the north, allowing for the extension of the soil grid to further determine the extent of the copper anomaly and potentially identify new gold anomalies (see news release dated
Drilling and Channel Sample Results
Soma's exploration team has been systematically channel sampling underground workings at informal mine sites. Results have been received from four of the mines in the area: Orion, Aurum, Colossa 2, and Colossa. In addition to infill sampling, Soma has initiated a drill program at the Colossa and Colossa 2 mines. Assay results from these programs are presented in the following sections:
Table 3 presents the composited assay results from the
Table 3: Composited assay results for |
||||||||||
Channel No. |
from |
to |
Length (m) |
Au (g/t) |
Ag (g/t) |
|||||
CHU100155 |
0 |
1.25 |
1.25 |
12.0 |
16.1 |
|||||
including |
0.4 |
0.85 |
0.45 |
33.3 |
41.1 |
|||||
CHU100170 |
0 |
1 |
1 |
0.7 |
1.5 |
|||||
CHU100171 |
0 |
1 |
1 |
3.6 |
6.4 |
|||||
including |
0 |
0.5 |
0.5 |
7.0 |
8.6 |
|||||
CHU100172 |
0 |
0.7 |
0.7 |
0.6 |
1.8 |
|||||
CHU100173 |
0 |
1 |
1 |
0.1 |
1.3 |
|||||
CHU100174 |
0 |
0.5 |
0.5 |
1.2 |
1.6 |
|||||
CHU100175 |
0 |
1 |
1 |
1.2 |
3.0 |
|||||
CHU100176 |
0 |
0.5 |
0.5 |
52.0 |
39.7 |
|||||
CHU100177 |
0 |
1 |
1 |
4.4 |
15.1 |
|||||
including |
0 |
0.2 |
0.2 |
17.2 |
35.7 |
|||||
CHU100178 |
0 |
0.8 |
0.8 |
0.0 |
1.0 |
|||||
CHU100179 |
0 |
1 |
1 |
3.2 |
6.3 |
|||||
including |
0 |
0.4 |
0.4 |
7.9 |
13.3 |
|||||
CHU100180 |
0 |
1 |
1 |
0.6 |
1.4 |
|||||
CHU100181 |
0 |
1.3 |
1.3 |
0.4 |
3.8 |
|||||
CHU100182 |
0 |
1.7 |
1.7 |
0.1 |
1.4 |
|||||
CHU100183 |
0 |
1 |
1 |
0.1 |
1.2 |
|||||
CHU100184 |
0 |
1 |
1 |
0.0 |
1.5 |
|||||
CHU100185 |
0 |
1 |
1 |
0.5 |
5.0 |
|||||
CHU100186 |
0 |
1 |
1 |
0.5 |
1.8 |
|||||
CHU100187 |
0 |
1 |
1 |
1.6 |
5.8 |
|||||
CHU100188 |
0 |
1 |
1 |
23.0 |
15.6 |
|||||
including |
0 |
0.4 |
0.4 |
57.5 |
36.4 |
|||||
CHU100189 |
0 |
1 |
1 |
36.2 |
44.4 |
|||||
including |
0 |
0.35 |
0.35 |
103.4 |
122.5 |
|||||
CHU100190 |
0 |
1 |
1 |
26.5 |
30.1 |
|||||
including |
0 |
0.5 |
0.5 |
52.6 |
58.8 |
|||||
CHU100191 |
0 |
1.35 |
1.35 |
28.6 |
45.1 |
|||||
including |
0.5 |
0.85 |
0.35 |
104.1 |
154.7 |
|||||
CHU100192 |
0 |
1 |
1 |
71.4 |
130.4 |
|||||
including |
0 |
0.6 |
0.6 |
118.7 |
214.5 |
|||||
CHU100193 |
0 |
0.9 |
0.9 |
28.4 |
41.8 |
|||||
including |
0 |
0.3 |
0.3 |
85.0 |
122.2 |
|||||
CHU100194 |
0 |
1 |
1 |
37.1 |
45.6 |
|||||
including |
0 |
0.5 |
0.5 |
74.1 |
86.2 |
|||||
CHU100195 |
0 |
1.3 |
1.3 |
3.2 |
8.3 |
|||||
including |
0.6 |
0.9 |
0.3 |
10.8 |
30.2 |
|||||
CHU100196 |
0 |
1.2 |
1.2 |
13.1 |
36.5 |
|||||
including |
0 |
0.8 |
0.8 |
18.9 |
49.2 |
|||||
CHU100197 |
0 |
1 |
1 |
26.1 |
58.2 |
|||||
including |
0 |
0.6 |
0.6 |
43.4 |
95.9 |
|||||
CHU100198 |
0 |
1.4 |
1.4 |
5.5 |
25.1 |
|||||
including |
0 |
0.4 |
0.4 |
8.6 |
25.9 |
|||||
and including |
0.4 |
0.9 |
0.5 |
8.2 |
48.3 |
|||||
CHU100199 |
0 |
1.5 |
1.5 |
2.0 |
1.6 |
The results from the initial channel sampling at the
Table 4 presents the composited gold grades from channel samples collected at two locations within the
Although the results are lower grade, the
Table 4: Composited assay results for the |
||||||||||
Channel |
From |
To |
length |
Au |
Ag |
|||||
CHU201046 |
0 |
1.05 |
1.05 |
1.2 |
11.7 |
|||||
including |
0 |
0.38 |
0.38 |
1.95 |
20.92 |
|||||
CHU201047 |
0 |
1.6 |
1.6 |
2 |
1.2 |
|||||
including |
0 |
0.8 |
0.8 |
2.93 |
12.57 |
Colossa 2
Colossa 2 is an abandoned informal mine located approximately 200 m north of the
A long section of the drill holes is shown in Figure 6, and assay results for COLDDH-25-006 are presented in Table 5. Drill hole COLDDH-25-007 also intersected a 2.0 m quartz vein (Figure 6), however, assay results for this hole are still pending.
The quartz vein intersected in COLDDH-25-006 returned an average grade of 8.04 g/t Au over 1.3 m, including a 0.6 m sub-interval with a gold grade of 17.39 g/t Au. Although the historical mine workings have not been mapped, this intersection is interpreted to lie approximately 25-50 m down-dip and along strike from the known workings.
Drilling at the Colossa 2 Mine marks the first step in confirming the presence of gold-bearing quartz veins along the 2.4 km structural trend between the Orion and Colossa mines. To date, only 1,772 m of diamond drilling has been completed at the Colossa and Colossa 2 mines. The recent intercept at the Colossa 2 Mine is encouraging, and additional drill holes are currently underway to evaluate the strike and dip extent of the quartz vein.
Table 5: Composited assay results for drill core at the Colossa 2 target |
|
|
|||||
Hole ID |
From |
To (m) |
Length |
|
|
|
|
COLDDH-25-006 |
119.10 |
120.40 |
1.30 |
8.0 |
4.3 |
|
|
including |
119.80 |
120.40 |
0.60 |
17.4 |
8.0 |
|
|
COLDDH-25-007 |
Results pending |
|
|
||||
Note:
B.D. idicates a low grade interval that is below detection (B.D.) limits. |
|
|
Soma's exploration team has been conducting systematic underground channel sampling and geological mapping at the
The results of the underground channel sampling program are presented in Table 6. A total of 82 channel samples, comprised of 193 individual samples, were collected from across the mine workings. The location of each sample is shown in the long section of the
The composited gold grades from the Colossa channel samples range from <0.005 g/t Au to 66.3 g/t. Twenty-nine composites returned grades greater than 2.0 g/t, including seven exceeding 10 g/t. Twenty-three of the channel samples contained subintervals of high-grade gold ranging from 6.2 g/t to 136.5 g/t – seven of which qualify as bonanza grade (>20 g/t). Fifty-three channel samples returned grades of <2.0 g/t. These lower-grade intervals are interpreted to reflect the nuggety nature of gold and sulphide distribution within the quartz veins.
A total of five diamond drill holes have been completed at the
Drill core assays from the
Soma's exploration team is currently extending the Psyche 2 soil grid to the northwest to cover the recently acquired mineral titles (see news release dated
Table 6: Composited assays for the |
||||||||||
Channel No. |
From |
To |
Length |
|
|
|||||
CHU100095 |
0.00 |
1.40 |
1.40 |
3.0 |
3.2 |
|||||
CHU100096 |
0.00 |
0.80 |
0.80 |
0.1 |
0.7 |
|||||
CHU100097 |
0.00 |
1.00 |
1.00 |
7.8 |
5.4 |
|||||
including |
0.00 |
0.40 |
0.40 |
14.8 |
7.1 |
|||||
CHU100098 |
0.00 |
1.05 |
1.05 |
7.1 |
6.0 |
|||||
including |
0.00 |
0.45 |
0.45 |
16.6 |
12.8 |
|||||
CHU100099 |
0.00 |
1.90 |
1.90 |
2.6 |
2.5 |
|||||
including |
0.00 |
0.50 |
0.50 |
9.8 |
6.7 |
|||||
CHU100100 |
0.00 |
2.00 |
2.00 |
61.4 |
36.7 |
|||||
including |
0.50 |
1.40 |
0.90 |
136.5 |
81.1 |
|||||
CHU100101 |
0.00 |
1.00 |
1.00 |
2.1 |
1.7 |
|||||
including |
0.00 |
0.40 |
0.40 |
5.3 |
2.6 |
|||||
CHU100102 |
0.00 |
1.00 |
1.00 |
1.0 |
0.9 |
|||||
CHU100103 |
0.00 |
1.00 |
1.00 |
0.8 |
1.2 |
|||||
CHU100104 |
0.00 |
1.00 |
1.00 |
0.1 |
0.4 |
|||||
CHU100105 |
0.00 |
1.30 |
1.30 |
0.9 |
0.5 |
|||||
CHU100106 |
0.00 |
0.80 |
0.80 |
0.1 |
1.1 |
|||||
CHU100107 |
0.00 |
0.70 |
0.70 |
4.4 |
1.4 |
|||||
including |
0.00 |
0.30 |
0.30 |
10.2 |
2.8 |
|||||
CHU100108 |
0.00 |
0.90 |
0.90 |
0.2 |
3.1 |
|||||
CHU100109 |
0.00 |
1.00 |
1.00 |
0.2 |
1.7 |
|||||
CHU100110 |
0.00 |
1.40 |
1.40 |
0.3 |
3.2 |
|||||
CHU100111 |
0.00 |
1.30 |
1.30 |
1.2 |
3.1 |
|||||
CHU100112 |
0.00 |
0.50 |
0.50 |
0.0 |
0.5 |
|||||
CHU100113 |
0.00 |
1.50 |
1.50 |
0.2 |
0.5 |
|||||
CHU100114 |
0.00 |
1.60 |
1.60 |
0.1 |
0.5 |
|||||
CHU100115 |
0.00 |
1.20 |
1.20 |
12.7 |
20.5 |
|||||
including |
0.40 |
1.20 |
0.80 |
19.0 |
30.6 |
|||||
CHU100116 |
0.00 |
1.35 |
1.35 |
0.3 |
1.7 |
|||||
CHU100117 |
0.00 |
0.70 |
0.70 |
1.5 |
0.6 |
|||||
CHU100118 |
0.00 |
0.50 |
0.50 |
7.2 |
8.4 |
|||||
CHU100119 |
0.00 |
0.55 |
0.55 |
9.1 |
9.4 |
|||||
including |
0.00 |
0.35 |
0.35 |
14.2 |
14.3 |
|||||
CHU100120 |
0.00 |
0.60 |
0.60 |
9.1 |
3.5 |
|||||
including |
0.00 |
0.40 |
0.40 |
13.7 |
4.8 |
|||||
CHU100121 |
0.00 |
1.00 |
1.00 |
16.9 |
6.6 |
|||||
including |
0.00 |
0.20 |
0.20 |
84.2 |
26.4 |
|||||
CHU100123 |
0.00 |
0.60 |
0.60 |
0.3 |
3.3 |
|||||
CHU100124 |
0.00 |
1.05 |
1.05 |
0.4 |
1.3 |
|||||
CHU100125 |
0.00 |
0.90 |
0.90 |
0.1 |
0.9 |
|||||
CHU100126 |
0.00 |
1.00 |
1.00 |
2.0 |
1.9 |
|||||
CHU100127 |
0.00 |
1.10 |
1.10 |
17.0 |
5.0 |
|||||
including |
0.00 |
0.40 |
0.40 |
34.8 |
10.2 |
|||||
and including |
0.40 |
0.70 |
0.30 |
16.0 |
4.0 |
|||||
CHU100128 |
0.00 |
1.40 |
1.40 |
8.5 |
22.2 |
|||||
including |
0.00 |
0.90 |
0.90 |
13.3 |
34.3 |
|||||
CHU100129 |
0.00 |
0.80 |
0.80 |
0.3 |
1.1 |
|||||
CHU100130 |
0.00 |
1.15 |
1.15 |
0.4 |
4.2 |
|||||
CHU100131 |
0.00 |
1.10 |
1.10 |
0.1 |
0.7 |
|||||
CHU100132 |
0.00 |
1.80 |
1.80 |
0.8 |
8.9 |
|||||
CHU100133 |
0.00 |
2.20 |
2.20 |
1.7 |
4.0 |
|||||
CHU100134 |
0.00 |
1.05 |
1.05 |
0.2 |
5.6 |
|||||
CHU100135 |
0.00 |
1.30 |
1.30 |
1.3 |
1.4 |
|||||
including |
0.25 |
0.50 |
0.25 |
6.2 |
3.7 |
|||||
CHU100136 |
0.00 |
1.30 |
1.30 |
8.6 |
11.5 |
|||||
including |
0.25 |
0.50 |
0.25 |
44.2 |
38.4 |
|||||
CHU100137 |
0.00 |
1.60 |
1.60 |
6.0 |
2.9 |
|||||
including |
0.40 |
0.80 |
0.40 |
22.8 |
|
|||||
CHU100138 |
0.00 |
1.60 |
1.60 |
3.1 |
3.0 |
|||||
including |
0.50 |
0.90 |
0.40 |
11.7 |
8.9 |
|||||
CHU100139 |
0.00 |
1.35 |
1.35 |
4.0 |
4.0 |
|||||
including |
0.00 |
0.40 |
0.40 |
12.2 |
9.4 |
|||||
CHU100140 |
0.00 |
1.20 |
1.20 |
0.9 |
1.2 |
|||||
CHU100141 |
0.00 |
1.00 |
1.00 |
0.7 |
1.4 |
|||||
CHU100142 |
0.00 |
1.10 |
1.10 |
1.2 |
2.1 |
|||||
CHU100143 |
0.00 |
1.00 |
1.00 |
1.2 |
7.5 |
|||||
CHU100144 |
0.00 |
1.00 |
1.00 |
0.8 |
1.0 |
|||||
CHU100145 |
0.00 |
1.50 |
1.50 |
0.1 |
1.2 |
|||||
CHU100146 |
0.00 |
1.00 |
1.00 |
0.4 |
1.2 |
|||||
CHU100147 |
0.00 |
1.00 |
1.00 |
0.0 |
1.4 |
|||||
CHU100148 |
0.00 |
1.00 |
1.00 |
0.0 |
0.4 |
|||||
CHU100149 |
0.00 |
1.50 |
1.50 |
0.0 |
0.7 |
|||||
CHU100150 |
0.00 |
1.00 |
1.00 |
6.0 |
5.2 |
|||||
including |
0.25 |
0.55 |
0.30 |
15.5 |
12.1 |
|||||
CHU100151 |
0.00 |
0.90 |
0.90 |
2.9 |
1.4 |
|||||
including |
0.70 |
0.90 |
0.20 |
10.5 |
1.6 |
|||||
CHU100152 |
0.00 |
0.70 |
0.70 |
5.8 |
4.6 |
|||||
including |
0.40 |
0.70 |
0.30 |
13.3 |
10.0 |
|||||
CHU100153 |
0.00 |
1.00 |
1.00 |
0.4 |
1.1 |
|||||
CHU100154 |
0.00 |
1.00 |
1.00 |
0.1 |
0.6 |
|||||
CHU100156 |
0.00 |
1.20 |
1.20 |
0.1 |
0.6 |
|||||
CHU100157 |
0.00 |
1.00 |
1.00 |
0.1 |
0.6 |
|||||
CHU100158 |
0.00 |
1.00 |
1.40 |
0.1 |
1.1 |
|||||
CHU100159 |
0.00 |
1.20 |
1.20 |
0.1 |
2.9 |
|||||
CHU100160 |
0.00 |
2.00 |
2.00 |
0.2 |
1.0 |
|||||
CHU100161 |
0.00 |
1.70 |
1.70 |
2.1 |
6.5 |
|||||
CHU100162 |
0.00 |
1.70 |
1.70 |
1.7 |
7.5 |
|||||
CHU100163 |
0.00 |
1.60 |
1.60 |
4.3 |
3.3 |
|||||
including |
0.00 |
0.50 |
0.50 |
9.3 |
1.2 |
|||||
CHU100164 |
0.00 |
1.60 |
1.60 |
0.6 |
3.2 |
|||||
CHU100165 |
0.00 |
2.10 |
2.10 |
5.8 |
11.9 |
|||||
including |
0.55 |
1.10 |
0.55 |
16.0 |
35.5 |
|||||
and including |
1.60 |
1.80 |
0.20 |
12.3 |
13.6 |
|||||
CHU100166 |
0.00 |
2.30 |
2.30 |
0.1 |
0.8 |
|||||
CHU100167 |
0.00 |
0.50 |
0.50 |
0.1 |
1.9 |
|||||
CHU201041 |
0.00 |
0.35 |
0.35 |
11.7 |
7.4 |
|||||
CHU201042 |
0.00 |
0.30 |
0.30 |
0.4 |
0.5 |
|||||
CHU201043 |
0.00 |
0.30 |
0.30 |
12.8 |
12.0 |
|||||
including |
0.10 |
0.30 |
0.20 |
18.4 |
17.2 |
|||||
CHU201044 |
0.00 |
0.75 |
0.75 |
1.7 |
4.7 |
|||||
CHU201045 |
0.00 |
0.45 |
0.45 |
66.3 |
40.5 |
Table 7: Composited assay results for drill core at the |
||||||||||||
Hole ID |
From |
To (m) |
Length |
|
|
|
||||||
COLDDH-24-001 |
99.65 |
101.15 |
1.50 |
B.D. |
0.4 |
|
||||||
COLDDH-25-002 |
107.30 |
108.30 |
1.00 |
0.2 |
0.7 |
|
||||||
COLDDH-25-003 |
96.25 |
97.80 |
1.55 |
0.4 |
2.1 |
|
||||||
COLDDH-25-004 |
96.00 |
97.45 |
1.45 |
B.D. |
0.7 |
|
||||||
COLDDH-25-005 |
94.35 |
96.05 |
1.70 |
1.8 |
3.3 |
|
||||||
Note:
B.D. idicates a low-grade interval that is below detection (B.D.) limits. |
|
QA/QC Protocols
Channel Samples
Channel samples in
Prior to
Since 2023, all exploration samples for
Qualified Person Statement
Mr.
ABOUT
With a solid commitment to sustainability and community engagement,
The Company also owns an exploration property near Tucuma, Para State,
On behalf of the Board of Directors
"Geoff Hampson"
Chief Executive Officer and Chairman
Neither the
All statements, analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management's estimates or opinions should change except as required by applicable laws. Investors should not place undue reliance on forward-looking statements.
SOURCE