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Pulacayo Project Feasibility Study - Apogee Silver

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<strong>Pulacayo</strong> 1 000 t/d Phase I <strong>Feasibility</strong> <strong>Study</strong> - NI 43-101 Technical Report<br />

090644-3-0000-20-IFI-100<br />

2.1 Terms of Reference<br />

This report is to comply with disclosure and reporting requirements set forth in the National<br />

Instrument 43-101 Standards of Disclosure for Mineral <strong>Project</strong>s (NI 23-101). This<br />

independent technical report provides information in support of the Company's press release<br />

dated 17 January 2013 (press released by <strong>Apogee</strong> titled “<strong>Apogee</strong> <strong>Silver</strong>´s <strong>Pulacayo</strong> <strong>Project</strong><br />

Demonstrates Positive <strong>Feasibility</strong> <strong>Study</strong> Results”.<br />

No author of this report has any material interest in <strong>Apogee</strong> or related entities. This report is<br />

prepared in return for fees based upon agreed commercial rates and the payment of these<br />

fees is in no way contingent on the results of this report.<br />

2.2 Qualified Persons<br />

Qualified Persons (QPs) responsible for the content of this technical report are:<br />

<br />

<br />

<br />

<br />

<br />

<br />

Ryan Illingworth, Pr. Eng, TWP Sudamerica, Technical Director<br />

Michael Cullen, P.Geo; M.Sc., Mercator Geological Services Limited, Chief<br />

Geologist<br />

Jim Porter, FSAIMM, JPMC, Owner and Principal Mining Consultant<br />

Graeme Farr, FSAIMM, TWP RSA, Senior Process Consultant<br />

Mark Smith, P.E., G.E., S.E., RRD International Corp, President<br />

Peter Webster, P Geo, Mercator Geological Services Limited<br />

<br />

Eugene Puritch, P. Eng., P & E Mining Consulting INC.<br />

Specific sections of the report that the QPs are responsible for are provided in Table 2.1.<br />

Table 2.1: Responsibility Matrix<br />

Name Responsibility Remarks<br />

Ryan Illingworth Chapter 1 Summary<br />

Chapter 2<br />

Chapter 3<br />

Chapter 4<br />

Chapter 5<br />

Chapter 6<br />

Chapter 19<br />

Chapter 20<br />

Chapter 21<br />

Chapter 23<br />

Chapter 24<br />

Introduction<br />

Reliance on Other Experts<br />

Property Description and Location<br />

Accessibility, Climate, Local Resources, Infrastructure and<br />

Physiography<br />

History<br />

Market Studies and Contracts<br />

Environmental, Permitting and Social or Community Impact –<br />

Arvind Dalpatram will sign off on the water study section<br />

Capital and Operating Costs<br />

Adjacent Properties<br />

Other Relevant Data and Information<br />

TWP Sudamérica S.A. Av. Encalada 1257 Of. 801, Santiago de Surco Lima 33, Perú (51-1) 4377473<br />

Page 14

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