The AntaKori Cu-Au-Ag Skarn Project, Cajamarca, Northern Peru

The AntaKori Project, located in the Hualgayoc mining district, has a NI 43-101 compliant inferred sulphide mineral resource of 295 Mt @ 0.36 g/t Au, 0.48 % Cu and 10 g/t Ag (Wilson, 2012) which is still open in all directions. It is a calcic copper-gold-silver skarn. Mineralization is principally hosted in prograde and retrograde exoskarn in the Cretaceous Chulec and Inca Formations, as well as in quartzites and arkosic sandstones/siltstones of the underlying Farrat Formation. Additional mineralization is hosted by early porphyry intrusions, which are weakly mineralized, as well as locally well-mineralized phases of breccia. The porphyry system responsible for skarn-style mineralization has not been discovered yet.