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Cerro Caliche Project Development Report Images Supplement Cerro Caliche Project May 2020

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Page 1: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche Project Development Report

Images Supplement

Cerro Caliche

Project

May 2020

Page 2: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche ProjectForward Looking Statements

2

Statements contained in these following slides contain certain forward-looking statements within the meaning of the United States Private

Securities Litigation Reform Act of 1995 and forward looking information within the meaning of the Securities Act (Ontario) and similar legislation in

other jurisdictions. Forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”,

“budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variation of such words and

phrases or state that certain actions, events or results “may”, “could”, “should”, “would”, “might” or “will” be taken, occur or be achieved. Forward-

looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or

achievements of Sonoro Metals Corp. (“Sonoro”) to be materially different from any future results, performance or achievements expressed or

implied by the forward looking statements. These forward-looking statements include estimates, forecasts, and statements as to management’s

expectations with respect to, among other things, business and financial prospects, growth potential, the size, quality and timing of Sonoro’s

exploration and possible development projects, mineral reserves and mineral resources, future trends, plans, strategies, objectives and

expectations.

These forward-looking statements involve numerous assumptions, risks and uncertainties and actual results may vary materially. These

statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic

conditions, interest rates, the supply and demand for, inventories of, and the level and volatility of prices of gold, silver, zinc, lead, or copper, the

availability of financing for Sonoro’s programs on reasonable terms, the accuracy of Sonoro’s resource estimates (including, with respect to size,

grade and recoverability) and the geological, operational and price assumptions on which economic resource models are based, the resolution of

environmental permitting and other proceedings, the capacity to obtain qualified personnel, consultants, and contractors and the future operational

financial performance of the company generally. The foregoing list of assumptions is not exhaustive.

Events or circumstances could cause actual results to differ materially. Such events include, among others, unanticipated developments in

business and economic conditions in the principal markets for commodities and/or financial instruments, changes in the supply, demand, and

prices for metals and other commodities, the actual results of exploration activities, conclusions of economic evaluations, uncertainty in the

estimation of ore reserves and mineral resources, changes in project parameters as plans continue to be refined, changes in economic and

political stability in jurisdictions where Sonoro has business interests, environmental risks and hazards, legal disputes, increased infrastructure

and/or operating costs, labour and employment matters, and government regulation as well as those factors discussed in the section entitled “Risk

Factors” in Sonoro’s Annual and Quarterly Reports and associated financial statements, Management Information Circulars and other disclosure

documents filed with Canadian securities regulators. Although Sonoro has attempted to identify important factors that could cause actual results to

differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that

such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements.

Sonoro disclaims any intention or obligation to update or revise any forward-looking statements, whether as a results of new information, future

events or otherwise. Accordingly readers should not place undue reliance on forward-looking statements.

Page 3: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche ProjectQualified Person

2

All scientific or technical information contained in this presentation has beenreviewed and approved by Stephen Kenwood, P.Geo., a Director of SonoroMetals Corp., who is a “Qualified Person" as defined in National Instrument 43-101 of the Canadian Securities Administrators.

Page 4: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche Project

Conceptual Epithermal

Deposit Model

Projected

Favourable zone

Cerro Caliche

Elevations between

1,000 to 1,700 masl

Modificado de Buchanan (1981),

Corbett & Leach (1996) y otros.

Cerro Caliche Project

Low Sulphidation Epithermal Vein

System

2

Page 5: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

1.5 km

Higher Grade Samples

Samples collected in low and high elevation areas indicate a

vertical favorable zone from 1,100 to 1,670 masl

2.6 @ 1,100

3.8 @ 1,119

6.7@ 1,205

6.7@ 1,205

7.0@ 1,235

8.4@ 1,236

3.2@ 1,236

97.5@ 1,226

5.6@ 1,224

25.14@ 1,31713.25@ 1,357

3.4@ 1,230

2.5@ 1,176

3.84@ 1,134

1.0@ 1,131

2.0@ 1,156

8.0@ 1,381

2.24@ 1,659

1.04@ 1,672

4.44@ 1,368

6.468@ 1,444

Au g/t @ masl (rock sample)

Mineralized structure

Elevation zone above1,100 masl

Cerro Caliche Project

3

Page 6: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche Project

Abel

Cerro Caliche Project

4

Page 7: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche ProjectCerro Caliche Project

5

Page 8: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche Project

Abejas

Veta de Oro

Gloria

Chinos Altos

Guadalupe

Cabeza

Blanca

Buena

Suerte

El Colorado

Cuervos

Japoneses

Chinos NW

La Ventana

El Quínce

El desprecio

El Rincón

500 m

El Boludito

Rock sample

Au >= 1 ppm

Drilled zonesGrade x Thickness 3D

Isometric View of the Resulting 3D Au Solids & Mapped Veins

Looking NW

6

Page 9: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Isometric View of the Resulting 3D Au Solids in the Drilled Vein Structures

Looking N

Abejas

Veta de Oro

Drilled zonesGrade x Thickness 3D

Gloria

La Española

Chinos Altos

Guadalupe

Cabeza

Blanca

Buena

Suerte

El ColoradoCuervos

Japoneses

Chinos NW

La Ventana

El Quince

Abel

El Rincón

0.7 ppm x m

1.0 ppm x m

2.0 ppm x m

Minimum Au Content

Data from finished drillholes

1 km

El Boludito

Surface chip samples

7

Page 10: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Plan View of the Grade x Thickness Map of the Drilled Vein Structures

Looking N

8

El Colorado

Guadalupe

Cabeza

Blanca

Abejas

Chinos Altos

Buena

Suerte

Cuervos

Japoneses

Chinos NW

El Quince

Page 11: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Transversal Cross Section A-A’

Looking NW

Abeja

s

Chin

os N

W

Japon

eses

Buena S

uert

e

El Q

uin

ce

Cabeza B

lanca

Guadalu

pe

El C

olo

rad

o Z

one

Proposed new HolesMineralized structuresPilot mine Plant

Proposed Pit limit

1,400 masl

200 meters

1,100 maslFavorable zone

Cerro Caliche Project

A A’

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Page 12: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche ProjectTrace of Transversal Section A – A’ Looking NW

Transversal Section A-A’

A

A’

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Page 13: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche ProjectID & Location of Cerro Caliche Trends

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Page 14: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

Cerro Caliche Project

Sections Location

El

Colorado

Cabeza

Blanca

Buena

Suerte

Japoneses

Cuervos

Abejas

Veta de

Oro

Guadalupe

El Quince Chinos

Altos

Isometric and Plan View of Structures Being Currently Explored

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Page 15: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

200 meters

Grade x ThicknessLongitudinal Section

Data from finished drillholes

1,100 masl

Veta de OroAbejas

Section A-A’

Chinos Altos

NWSE

1,440 masl

Favorable zone

In-section transparency color may be slightly different

Cerro Caliche Project

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Page 16: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

200 meters

Japoneses Cuervos

NWSE

1,100 maslFavorable zone

1,400 masl

Grade x ThicknessLongitudinal Section

Section B-B’

Data from finished drillholes

In-section transparency color may be slightly different

Cerro Caliche Project

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Page 17: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

200 meters

Grade x ThicknessLongitudinal Section

NW SE

1,100 masl

Favorable zone

1,390 masl Buena Suerte

El Quince

Section C-C’

Data from finished drillholes

In-section transparency color may be slightly different

Cerro Caliche Project

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Page 18: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

200 meters

Grade x ThicknessLongitudinal Section

Guadalupe / Cabeza Blanca

NWSE

El Colorado zone

1,100 maslFavorable zone

1,420 masl

Section D-D’

Data from finished drillholes

In-section transparency color may be slightly different

Cerro Caliche Project

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Page 19: Cerro Caliche · 2020. 5. 26. · Cerro Caliche ProjectQualified Person 2 All scientific or technical information contained in this presentation has been reviewed and approved by

La Colorada

150 meters

NW SE

El Colorado zone

La Ventana

Grade x ThicknessLongitudinal Section

Section E-E’

1,100 maslFavorable zone

1,380 masl

Data from finished drillholes

In-section transparency color may be slightly different

Cerro Caliche Project

17