Pulacayo Project Feasibility Study - Apogee Silver

Pulacayo 1 000 t/d Phase I Feasibility Study - NI 43-101 Technical Report
090644-3-0000-20-IFI-100
Figure 8.1: Genesis Of Epithermal Mineral Deposits (From White And Hedenquist, 1994
9 EXPLORATION
9.1 Introduction
The following sections provide summary descriptions of exploration programs carried out by
Apogee during the period 2006 through 2012. Program descriptions for the 2006 to 2009
period presented below were previously presented by Pressacco et al. (2010) and are based
on a detailed internal Apogee company document prepared in June 2009 in Spanish that is
referenced herein as Iriondo et al. (2009). These descriptions were presented in Cullen et al.
(2012) and are presented below without substantive change from that source. Descriptions
of Apogee programs carried out in 2010 through 2012 are based on subsequent review by
Mercator of internal and public company documents plus discussions with Apogee staff.
9.2 Work Programs During 2006 to 2012 Period
9.2.1 Introduction
In 2005, Apogee signed a joint venture agreement with ASC and subsequently commenced
exploration on the Pulacayo property. Since then, Apogee has completed detailed geological
mapping and sampling of surface exposures and underground workings, completed a
topographic survey of the area, completed an IP geophysical survey, completed 4 diamond
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