toro

Above: Toro high grade gold-silver-zinc target is interpreted as an epithermal target with high grades close to surface, a uniquely rare asset in the Vicuna region

Below: Toro trenching (Toro has had over 3,000m of trenching displaying uniquely high grades of gold & silver on surface) including 20m of 0.9g/t gold eq with up to 1.6g/t gold, 88g/t silver, and 5,000ppm zinc

Toro trenching gold silver

TORO - HIGH GRADE GOLD-SILVER-ZINC SHALLOW EPITHERMAL SYSTEM

Toro is the sister deposit to Tolita, with even more existing drilling and even higher grade results. Much like Cerro Casale & Caspiche, the two mega deposits combined into the Barrick-Newmont Norte Abierto JV, Gold Hart believes Toro and Tolita to be two large deposits stemming from one potentially massive system.

Toro has had 6 shallow RC drill holes, drilled blind (no IP), yet 5/6 holes intercepted anomalous gold and silver values including 24m of 0.5g/t gold and 11g/t silver, 6m of 0.7g/t gold and 8g/t silver, 8m of 0.2g/t gold and 36g/t silver, etc.

Rare to Have High Grade Gold-Silver-Zinc Epithermal Asset in Region:

Toro has had 452 geochemical samples, significantly less than the 3,827 samples analyzed at Tolita, and 3 helicopter magnetic surveys (compared with Tolita’s 4).

Toro has had significant trenching, totalling 3,00m+ (3km), with some excellent grades.

It is rare in the ergion to have high grade gold above 1/gt and silver above 10g/t on surface, even in the largest deposits. Toro has trenching exceeding those grades in many places. For example, one trench (TT-2) displayed grades up to 1.55g/t gold and 72g/t silver, with another (TT-5) getting 66g/t silver, 74g/t silver, up to 88g/t silver.

Toro was drilled blindly (no IP) in the late 1990s, yet 5/6 holes intercepted anomalous gold and silver grades. Copper wasn’t even tested for (given focus on gold-silver and low copper prices at the time), yet we believe copper will be proven to be present in future campaigns.

Toro-2 ended in highest grade mineralization of 0.7g/t gold and 8g/t silver, while Toro-3 displayed 84m of 7g/t silver, and Toro-5 hitting 30m of 17g/t silver with gold credits as well.

Vicunau was the first company to ever run IP Survey on Toro, and hit a very nice anomaly. The geophysics firm commented “Significant trenching has tested most of the outcropping silicified areas… results showed encouraging grades to 2g/t gold… chargeability amplitudes are not typical of Cu-Au porphyry systems like Tolita. However, amplitudes in this range can be associated with high sulfidation epithermal systems, especially in the Maricunga Belt… The main chargeability anomalies have not been drilled although several drill holes have come close.

TORO - GOLD | SILVER | ZINC HIGH GRADE EPITHERMAL SYSTEM

Historical Asset

Toro has displayed dozens of high grade gold and silver anomalies directly on surface, exceedingly rare even in the Maricunga Gold Mine. Toro was recognized as a high-potential asset in the early 1990s by one of the pioneering geologists in the region, who also discovered mega deposits Capiche and Refugio-Maricunga, which was at one point the largest gold mine in Chile.

Drilled Asset

Toro was drilled blindly (no IP) and shallowly in the late 1990s, yet still hit high grade gold and silver in 5/6 holes. Copper wasn’t even tested for. Kilometers of trenching found high grade intercepts of gold and silver, with recent surveys finding zinc as well.

Gold-Silver-Zinc Epithermal IP Anomaly

IP Survey 2022 confirmed chargeability amplitudes “associated with high sulfidation epithermal systems, especially in the Maricunga Belt”. Gold Hart believes Toro to be a low to moderate epithermal with recent surveys finding high grades of zinc as well.

Direct Path to Gold-Silver-Zinc Resource

With decades of history, existing drilling, kilometers of trenching, and high grade gold and silver all over surface, combined with a recently completed successul IP survey, Toro is uniquely poised to develop into its own resource. Gold Hart believes a relatively short drill campaign could lead to a path towards a resource.

TORO - SHALLOW ANOMALY READY TO BE DRILLED INTO A GOLD-SILVER-COPPER RESOURCE

Gold Hart was the first company to ever run IP Survey on Toro, and hit a very nice anomaly. The geophysics firm commented “Significant trenching has tested most of the outcropping silicified areas… results showed encouraging grades to 2g/t gold… chargeability amplitudes are not typical of Cu-Au porphyry systems like Tolita. However, amplitudes in this range can be associated with high sulfidation epithermal systems, especially in the Maricunga Belt… The main chargeability anomalies have not been drilled although several drill holes have come close.