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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 />

Seven geophysical survey lines oriented north-south were completed in the <strong>Pulacayo</strong> area<br />

and these were oriented approximately perpendicular to the east-west strike of the TVS<br />

(Figure 9.2). At Paca a total of 5 similarly oriented survey lines were completed.<br />

The IP survey was successful in outlining several areas of anomalously low apparent<br />

resistivity that, based on correlation in an area of known bedrock geology, were interpreted<br />

to represent weakly altered rocks. On the same basis, high apparent resistivity zones were<br />

interpreted to represent zones of siliceous alteration.<br />

Chargeability results were seen to vary between 2 and 20 mV/m. Chargeability values below<br />

7 mV/m were interpreted to represent the background values. Highest chargeability values<br />

are seen along lines LPY4, LPY5 and LPY6 at <strong>Pulacayo</strong> between stations 0 and -900, and<br />

these are coincident with high apparent resistivity values. The TVS zone occurs within this<br />

anomaly between -750 m and -900 m. Fractal interpreted these responses as representing<br />

an area of silicification containing disseminated sulphide mineralization. Combined results of<br />

the survey show that an east-west oriented zone of anomalous apparent resistivity and<br />

chargeability responses measuring some 450 m in width and extending over the length of<br />

the survey grid that contains the TVS (Figure 9.3). Moderately anomalous values in<br />

chargeability located at the edges of the main anomalous zone were interpreted as altered<br />

rocks that could be related to a mineralized vein system at depth.<br />

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

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