A

A

A’

A’

B

B’

B

B’

C’ & D’

C & D

C’ & D’

C & D

Area 118

LCU HOLES

112109

113

84

93

104

101

98

106

94

Long Section (Inclined) of Las Chispas Vein Looking Northeast (Historic Workings in Pink)

100m0m 200m

OPEN

OPENOPEN

AA’

Las ChispasVein

La BlanquitaVein

La BlanquitaHW Vein

GiovanniVein

0m 200m

Las Chispas Area 3DLooking NW

OPEN

D’ D

LC19-118: 8.6m @ 7,873 gpt AgEq*

89

Legend (Nov. 2019)Current NR Reported DHCurrently DrillingProposed DHAssays PendingCompleted DH Pierce pt.High-grade Footprint

Feb. 8, 2019 AgEq Computer Gen. Block Model

AgEq (gpt) Blocks< 150150 - 300300 - 500500 - 10001000 - 20002000 – 5000> 5000

*AgEq based on 75 (Ag):1 (Au) calculated using long-termsilver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical

recoveries of 86.6% silver and 98.9% gold.

Drill hole #True Width, gpt AgEq*

LCU HOLES

116

118

110900masl

108105

91A

111

123

58125

128 119

127132

120121

122

130

126

124129

131

117

Insert – Area 118

107

77

76

52

100

102

Long Section (Inclined) of Giovanni Vein Looking Northeast

107

104

105

106

113109112

93

98

100m0m 200m

BB’

Las ChispasVein

La BlanquitaVein

La BlanquitaHW Vein

GiovanniVein

0m 200m

Las Chispas Area 3DLooking NW

D’ D Legend (Nov. 2019)Current NR Reported DHCurrently DrillingProposed DHAssays PendingCompleted DH Pierce pt.High-grade Footprint

Feb. 8, 2019 AgEq Computer Gen. Block Model

AgEq (gpt) Blocks< 150150 - 300300 - 500500 - 10001000 - 20002000 – 5000> 5000

*AgEq based on 75 (Ag):1 (Au) calculated using long-termsilver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical

recoveries of 86.6% silver and 98.9% gold.

Drill hole #True Width, gpt AgEq*

89

LCU HOLES

LCU HOLES

OPEN

OPEN

OPEN

OPEN

116117

118

91A84

100111

110101

850masl

108

127132123

119

129

124126

130

131

Insert – Area 118

LC19-111: 1.6m @ 2,098 gpt AgEq*

52

77

76

128125

120121

122

LC19-1170.4m, 4903

LC19-116

LC19-110

LC19-127

LC19-132

LC19-1080.9m, 5390.5m, 223

LC19-1111.6m, 2098

900masl

LC19-1188.6m, 7873

LC19-1230.5m, 6495.5m, 881

LC19-1012.5m, 955

LC19-104

LC19-89

LC19-91A

LC19-119

LC17-581.8, 246

LC19-128

LC19-125 LC19-1060.5m, 578

LC19-113

Long Section (Inclined) of Area 118 Looking Northeast (Insert)

AA’

Legend (Nov. 2019)Current NR Reported DHCurrently DrillingProposed DHAssays PendingCompleted DH Pierce pt.

.

High-grade Footprint

Feb. 8, 2019 AgEq Computer Gen. Block Model

Drill hole # (Giovanni)Drill hole # (Las Chispas)True Width, gpt AgEq*

94

All information is approximate.

0m 50m 100m

OPEN

OPEN

0.5m, 4510.4m, 196

LC19-1001.4m, 12530.4m, 443

LC19-98

LC19-1051.3m, 642

LC17-52

LC18-770.4m, 1680

LC19-1070.4m, 281

1.2m, 1584

LC18-76

GiovanniVein

Las ChispasVein

Las Chispas Area 3DLooking NW

0m 25m

LC-19-118

*AgEq based on 75 (Ag):1 (Au) calculated using long-termsilver and gold prices of US$18.50 per ounce silver and US$1,225 per ounce gold, with average metallurgical

recoveries of 86.6% silver and 98.9% gold.

LC19-93

Dilating high-grade

shoot

C’

C

LC19-84

C C’

AgEq (gpt) Blocks< 150150 - 300300 - 500500 - 10001000 - 20002000 – 5000> 5000

High-grade Footprints,>1000 gpt AgEq*

LC19-118: 8.6m @ 44.3 gpt Au and 4,551.3 gpt Ag, or 7,873 gpt AgEq*

Resource Block Model