JIREH MINING PROJECT

The project is located in the gold-bearing belt of the Pataz batholith and explorations have shown the existence of a stockwork type gold deposit.

OVERVIEW

The Jireh Mining Project is an IRGS type deposit (structural control of mineralization, hosted in stockwork) and gold philonean located in the district of Buldibuyo, province of Pataz and La Libertad Region, 815 km north of Lima.

More than five million dollars have been invested in the exploration works, carrying out access works with a total of 3877 linear meters, topography, surface mapping, channel sampling and geochemical analysis, geophysical prospecting and a diamond drilling campaign.

Five main structures were also identified: the Patricia vein, San Juan vein, Patricia Two vein, San Juan Two vein and Los Hornos with an estimated cubage of 90,648 ounces of Au.

The site also has a Concentrator Plant (crushing, grinding, agitation and recovery) with a capacity of 30 tons per day of ore treatment with a 90% gold recovery by the CIP method.

LOCATION AND ACCESS

The Jireh Mining Project is located in the district of Buldibuyo, province of Pataz, La Libertad Region.
It is located on sheet IGN Tayabamba (17-i).
The area can be accessed by land from the city of Lima:

Stockwork

Studies and research

Veins

Cubing summary

Plant

Gold Treatment

Presentations

Vetas and Stockwork

RUTA TERRESTRE

KM

TIEMPO

ESTADO

Lima – Chimbote

428

6 hrs 32 min

Carretera Asfaltada

Chimbote – Sihuas

228

5 hrs 16 min

Carretera Asfaltada y Afirmada

Sihuas – Tayabamba

134

6 hrs 20 min

Carretera Afirmada

Tayabamba – Buldibuyo

25

1 hrs 30 min

Carretera Afirmada

RUTA TERRESTE

TIEMPO

ESTADO

Lima - Aeropuerto Pias

1 hrs

Avioneta

Aeropuerto Pias - Buldibuyo

3 hrs 30 min

Carretera Afirmada

LOCATED IN A WORLD-CLASS ZONE

The Jireh Mining Project is located within one of the main gold deposits and belts of the North and South American Cordillera (Sillitoe, 2008), such as the Pataz-Parcoy Belt, where the most important mining companies in the country are located, such as CIA Minera Poderosa (800 Kg Au/month), CM Horizonte (300 kg Au/month), MARSA (500 Kg Au/month) and the Estrella de Pataz project, which is a SKARN with a potential of more than 2 million tons with an average grade of 3 g Au/t (183,000 ounces of gold).

Major Gold Deposits and Belts of the North and South American Cordillera: Distribution, Tectonomagmatic Settings, and Metallogenic Considerations (Sillitoe, 2008)

GCI Mining Group SAC

MINERAL RESERVES

The Buldibuyo gold mine is a type of IRGS (intrusion-related gold system, hosted in stockwork) deposit and gold veins.

Key Information

Current reserves of about 90,000 ounces of gold in veins. Potentially, 500,000 ounces of gold are expected to be determined.

The same expectation for the material in Stockwork: 40 million tons of ore with 1.5 g Au / t, which would yield approximately 2 million ounces of gold.

In addition, there are small miners in the area who could supply the ore they extract and process it at the 200 tpd beneficiation plant.

MINING PROPERTY

The project consists of 2 contiguous mining concessions: Patricia and Maria Angola 2, in the Buldibuyo district.

CODIGO

CONCESION

TITULAR

HAS

DISTRITO

PROVINCIA

DEPARTAMENTO

15008764X01

PATRICIA

GCI MINIG GROUP S.A.C

510

BULDIBUYO

PATAZ

LA LIBERTAD

10080194

MARIA ANGOLA 2

GCI MINIG GROUP S.A.C

50

BULDIBUYO

PATAZ

LA LIBERTAD

TOTAL

1240

PROJECT AREAS