CUERVO RESOURCES INC.

Summary Diamond Drill Log - Bob1 Zone

Hole# BDH-12-01 Azimuth 0 Started 05-Jun-20

Northing 8,447,200 Dip -90

Easting 191,596 Depth 219.2 m
Elevation 3,923 m
From To Interval Zone Sampled Length (m)
Fe Sio2 (%)
(m) (m) (m) (%)

- 86.2 86.20 Intrusive 2.00 4.6% 51.8%

86.20 86.95 0.75 Magnetite 0.75 66.6% 1.0%

86.95 88.3 1.35 Intrusive 1.35 34.9% 29.1%

88.3 101.4 13.1 Magnetite 13.1 58.6% 6.7%
101.4 103.05 1.65 Intrusive 1.65 24.8% 26.6%
103.05 109.4 6.35 Magnetite 6.35 62.6% 4.5%
109.4 113.05 3.65 Mixed Zone 3.65 32.5% 23.9%
113.05 142.9 29.85 Magnetite 29.85 53.4% 11.2%
142.9 149.25 6.35 Mixed Zone 6.35 28.2% 33.3%
149.25 149.95 0.7 Magnetite 0.7 61.4% 5.4%
149.95 154.1 4.15 Mixed Zone 4.15 43.3% 19.0%
154.1 156.4 2.3 Magnetite 2.3 62.7% 4.0%
156.4 160.15 3.75 Intrusive 3.75 22.4% 36.6%
160.15 209.4 49.25 Magnetite 49.25 52.6% 12.6%
209.4 219.2 9.8 Mixed Zone 9.8 37.3% 23.8%
Total 135 49.0% 14.9%

Overall
Intrusive
8.75 20.7% 37.0%
Mixed Zone 23.95 35.2% 25.5%

Magnetite 102.3 54.6% 10.6%

Total 135 49.0% 14.9%

Magnetite+MZ 126.25 50.9% 13.4%

Started 05-Jun-2012

Completed 20-Jul-2012

S (%) P (%) Mn Cu Zone Fe

(%) (%) (%)

0.05% 0.060% 0.145% 0.053% Intrusive 4.60%

0.23% 0.020% 0.126% 0.026% Magnetite 66.60%
0.78% 0.030% 0.146% 0.057% Intrusive 34.9%
3.36% 0.017% 0.104% 0.151% Magnetite 58.6%
0.65% 0.020% 0.281% 0.007% Intrusive 24.8%
0.60% 0.010% 0.090% 0.051% Magnetite 62.6%
1.88% 0.025% 0.226% 0.095% Mixed Zone 32.5%
3.47% 0.016% 0.122% 0.133% Magnetite 53.4%
3.84% 0.061% 0.189% 0.168% Mixed Zone 28.2%
4.23% 0.020% 0.080% 0.204% Magnetite 61.4%
2.83% 0.028% 0.218% 0.159% Mixed Zone 43.3%
3.11% 0.020% 0.078% 0.164% Magnetite 62.7%
3.18% 0.025% 0.210% 0.138% Intrusive 22.4%
1.90% 0.124% 0.144% 0.100% Magnetite 52.6%
0.12% 0.419% 0.162% 0.018% Mixed Zone 37.3%
2.32% 0.088% 0.142% 0.109% Total 49.0%

35.60%

1.62% 0.033% 0.199% 0.081%

1.85% 0.196% 0.189% 0.094%

2.50% 0.068% 0.127% 0.115%

2.32% 0.088% 0.142% 0.109%

2.37% 0.092% 0.139% 0.111%

BDH-12-01
N° 16
media 35.60%
mediana 8
max 66.60%
min 4.60%
rango 62.00%
amplitud 5.0097195 5
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROPE

Dip tests: Depth (m) Dip Azi Depth (m) Dip Azi Depth (m)

Hole #: BDH12-01 Core Size HQ & NQ Spotted by:

Collar Line: Collar Dip: -90 Drilled by:
Collar Station: Collar Azi: Logged by:
Collar Elev: 3,923 Final Depth: 219.2 Cut by:
UTM Zone: Easting: 191,596 Northing: 8,447,200
NTS: Casing (m) Casing left in hole: Yes
Purpose/Comments:

From To
(m) (m) Description

0 86.2 Intrusivo Intermedio

0.00 - 86.20 Tramo Fracturado (reperforado)

0-26.90 Intrusivo intermedio con cristales (plag, hb, epid) con parches
de gt rosado y diss esf ? con venillas de 2-3 mm de trm. .Tramo
fuertemente fracturado con trazas de OxCu y arcillas en fracturas .
16.10 Venilla de trm de 2mm @35°
27.30 Final HQ - inicio NQ
37.40 Final NQ - inicio HQ
57.00 Final HQ - inicio NQ
26.90 - 71.20 Similar al tramo anterior localmente presenta FlK con
hem, trazas de malq y pirolusita en fracturas, con venillas de trm de 1-
5mm, localmente venillas finas de py y po.
71.20 - 86.20 Intrusivo intermedio con alteración filica moderada, plg-
sericita y py diss con venillas finas de mag 0.5%
78.40 -84.3 Xenolitos de FlK sub redondeados, intrusivo con venillas de
mag diss, py diss.
84.90 - 86.20 Venillas finas de mag tipo StockWork .Tramo
intensamente fracturado.

86.20 86.95 Magnetita

86.20 - 86.95 Mag masiva 60% con parches de trm y OxFe en fracturas.

86.95 88.30 Intrusivo Intermedio con minerales clacosilicatados

86.95 - 88.30 Intrusivo con mnls calcosilicatados y venillas de mag de 1-
3 mm,parches de py 1% y chl.Debilmente magnético.
87.70 - 88.30 Tramo fracturado con OxFe (hem) en fracturas.
Page 1 of 5
ESOURCES INC. Drill Hole: BDH12-01
ORD – BOB 1 PROPERTY

Depth (m) Dip Azi Depth (m) Dip Azi Instrument:

ed by: Page 1 of 5
d by: Started: 05-Jun Finished: 26-Jun
ed by: AV,JT,CP,WD Started: 26-Jun Finished: 20-Jul
y: AV,JT,NB Started: Finished:
7,200 Core Stored: Core Labeled:
Hole making water: Casing Labeled:

Fe SiO2 S_Total
Sample From To Len (%) (%) (%)
# (m) (m) (m) Comments CON08V ICP95A CSA24V

11471 84.2 86.2 2 4.61% 51.82% 0.05%

11472 86.2 86.95 0.75 66.64% 0.96% 0.23%

11473 86.95 88.3 1.35 34.87% 29.05% 0.78%

BDH 12-01
Hole: BDH12-01
 P Mn Cu
% ppm PPM
ICP40B ICP40B ICP40B

0.06% 1450 534

0.02% 1259 261

0.03% 1463 572

 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROP

From To Description
(m) (m)

88.3 101.4 Magnetita

88.30 - 101.40 Mag 50% con parches de py, chl, trm, localmente bandeada @
25° con venillas de calc de 1-2mm con halos de lim.Fuertemente magnético.

99.70 - 101.40 Tramo fracturado con OxFe y chl .Fuertemente magnético

101.4 103.05 Intrusivo Intermedio con minerales clacosilicatados

101.40 - 103.03 Intrusivo con minerales calcosilicatados (trm), parches de px, chl, py 0.5%, con

103.05 109.4 Magnetita

103.05 - 109.40 Mag masiva 55% de grano medio-fino con parches de trm y
actl, Py diss 2%, OxFe en fracturas .Fuertemente magnético.

104.50 - 104.70 Tramo fuertemente fracturado.

109.4 113.05 Magnetita (Zona mixta)

109.40 - 113.05 Zona mixta, con ligeros bandeamientos de Mag 30% de grano medio-grueso c

113.05 142.9 Magnetita

113.05 - 142.90 Mag 55% de grano fino-medio con parches de py 2%, chl, trm, px y venilla fina

117.85 - 119.90 Brecha con clastos de mag sub redondeados- redondeados y py 1 %en parche

116.60 - 117.40 Tramo fuertemente fracturado.

130.60 - 131.20 Zona mixta, con predominancia de mnls
calcosilicatados, parches y venillas de trm de 1-2 cm, venillas finas de 1-
3 mm de mag 7% y parches con halos de py.Se observa venillas finas de calc
1 -3 mm.Debilmente magnético.
 130.60 - 131.20 Zona mixta, con predominancia de mnls
calcosilicatados, parches y venillas de trm de 1-2 cm, venillas finas de 1-
3 mm de mag 7% y parches con halos de py.Se observa venillas finas de calc
1 -3 mm.Debilmente magnético.

131.20 - 132.5 Bandeamiento de mag 55% y chl5% con un @ 50°, parches y incrustaciones de

131.20 Venilla de carbonato 1% de 1-5mm con @27 °.

132.50 Falla @50°, pitch 30°
132.5 - 134.65 Mag masiva 60% de grano medio-grueso en bandas @
45° con py 5%, trm 0.1% localmente, chl 3% y carb.

Page 2 of 5
ESOURCES INC. Drill Hole: BDH12-01
CORD – BOB 1 PROPERTY

Sample From To Len Comments Fe SiO2

# (m) (m) (m) (%) CON08V (%)
ICP95A

11474 88.3 90.3 2 54.76% 10.18%

11475 90.3 92.3 2 59.35% 5.51%
11476 92.3 94.3 2 62.01% 4.36%
11477 94.3 96.3 2 60.86% 5.98%
11478 96.3 98.3 2 59.88% 5.46%
11479 98.3 100.3 2 54.69% 8.91%
11480 100.3 101.4 1.1 59.17% 5.94%

11481 101.4 103.05 1.65 24.82% 26.55%

11482 103.05 105.05 2 62.69% 3.23%

11483 105.05 107.05 2 64.71% 3.21%
11484 107.05 108.05 1 67.16% 1.32%
11485 108.05 109.4 1.35 56.16% 10.87%
11486 Standard 47.15% 16.12%

11487 109.4 111.4 2 39.31% 19.31%

11488 111.4 113.05 1.65 24.25% 29.39%

11489 113.05 115.05 2 Duplicate 60.78% 5.45%

11490 113.05 115.05 Duplicate 61.32% 7.53%
11491 115.05 117.05 2 59.54% 4.42%
11492 117.05 119.05 2 58.68% 5.33%
11493 119.05 121.05 2 59.50% 7.00%
11494 121.05 123.05 2 57.14% 9.73%
11495 123.05 125.05 2 57.77% 8.71%
11496 125.05 127.05 2 49.81% 14.02%
11497 127.05 129.05 2 52.31% 11.26%

11498 129.05 131.05 2 29.64% 31.93%

11499 131.05 133.05 2 53.74% 10.67%

11500 133.05 135.05 2 59.27% 7.02%
BDH 12-01
Drill Hole: BDH12-01

S_Total P Mn ppm ICP40B

Cu PPM ICP40B
(%) % ICP40B
CSA24V

2.85% 0.02% 1066 1288

4.40% 0.02% 870 2362
3.32% 0.01% 798 1855
3.59% 0.03% 980 1493
3.87% 0.02% 1088 1554
3.49% <0.01 1363 1224
0.84% 0.02% 1173 219

0.65% 0.02% 2807 69

0.37% <0.01 893 173

0.47% 0.02% 872 393
0.28% 0.01% 640 543
1.38% 0.01% 1145 1175
4.14% 0.06% 1121 1583

1.62% 0.02% 1773 756

2.20% 0.03% 2856 1183

3.22% <0.01 915 1169

3.27% 0.02% 872 1397
3.83% 0.01% 859 1369
2.39% 0.02% 1303 862
3.61% 0.02% 830 1252
2.77% 0.02% 811 1140
3.68% 0.01% 954 1281
2.29% 0.02% 1466 682
2.15% 0.03% 1275 785

2.79% 0.02% 2460 978

3.57% 0.02% 1109 1494

3.30% 0.01% 775 1345
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROP

From To Description Sample

(m) (m) #
132.90 Falla @35°,pitch 55°.

134.65 - 136.10 Mag masiva % 55 de grano medio a grueso con py 5% 11501

11502
en parches .
134.65 Venillas de sulfuros de 3mm, @ 55 °
11503
136.10 Venilla de clc con halos de hem y py de 5 mm @43 °
136.1 - 139.9 Mag masiva 60% de grano grueso con py 4% y cpy 2%
137.10 Venilla de carbonato de 2mm @ 33 ° 11504
137.25 Venillas de sulfuros de 2mm @ 40 °
139.9 - 142.9 Mag masiva 45% de grano fino con trm 15% y py en 11505
11506
parches y bandas,carb 3%.
140 Venilla de sulfuros de 50 cm con un @ 50°; venilla de carbonato @

80°.
Zona Mixta
142.9 149.25

144.70 Venilla de carbonato de 2-5 mm @ 40°

145.50 Venillas de mag de grano fino-medio de 2-5mm, @ 25°.
146.40 Venillas de sulfuros y micas ( bio) de 2-5mm @ 60°
146.40 - 149.25 Intrusivo con minerales calcosilicatados y venillas de 11508
sulfuros(py) y mag 3%, carbonato 2%; py cristalizada en fracturas.Localmente
traza de carbonatos de Cobre.

148.25 - 148.45 HYBX Monomixtico con clastos subangulosos de 11509

11510
intrusivos cloritizados en una matriz de mag.
148.60 Venilla de mag de grano grueso 2 cm @ 60°.

149.25 149.95 Magnetita

11511
parches y cristalizada con trazas de po, bn, y micas (bio²?), carbonatos

149.95 154.1 Magnetita (Zona mixta)

149.95 - 154.1 HYBX Monomixtico con clastos subangulosos de
11512
11513
 11512
11513
grueso con parches de py 2%, localmente trazas de cpy,venilleos de
carbonatos.
11514

154.1 156.4 Magnetita

154.10 - 156.4 Mag masivo 65% de grano medio con parches de py 2%
11515
11516
cristalizada de grano medio , chl, cpy, trazas de bio ² y carbonatos 2%
156.25. venilla de carbonatos de 1-10 mm @ 30°

156.4 160.15 Intrusivo Intermedio con minerales clacosilicatados

142.9 -146.40 Intrusivo con parches y venillas de mag 10%, venillas finas

149.25 - 149.95 Mag mass 65% de grano medio grueso con py 5% en

intrusivos cloritizados en una matriz de mag 15% de grano medio a

Page 3 of 5
OURCES INC. Drill Hole: BDH12-01
RD – BOB 1 PROPERTY

Sample From To Len Comments Fe (%) CON08V

SiO2 (%)S_Total
ICP95A(%) CSA24V
# (m) (m) (m)

11501 135.05 137.05 2 Duplicate 62.01% 3.26% 3.97%

11502 135.05 137.05 Duplicate 63.22% 2.83% 4.40%

11503 Standard 47.62% 15.86% 4.13%

11504 137.05 139.05 2 60.92% 6.52% 3.92%

11505 139.05 141.05 2 46.35% 15.43% 5.81%

11506 141.05 142.90 1.85 31.61% 28.22% 4.86%

142.9 144.9 2 27.70% 31.90% 3.80%

11508 144.9 146.9 2 30.66% 30.64% 3.61%

11509 146.90 148.25 1.35 26.99% 34.54% 5.19%

11510 148.25 149.25 1 25.60% 39.44% 2.58%

11511 149.25 149.95 0.7 61.41% 5.35% 4.23%

11512 149.95 151.95 2 40.80% 21.28% 2.54%

11513 151.95 153.10 1.15 50.55% 13.20% 3.69%
11512 149.95 151.95 2 40.80% 21.28% 2.54%
11513 151.95 153.10 1.15 50.55% 13.20% 3.69%

11514 153.1 154.1 1 39.94% 21.29% 2.43%

11515 154.10 155.40 1.3 62.44% 5.01% 3.72%

11516 155.40 156.40 1 63.14% 2.64% 2.32%

11507

BDH 12-01
Hole: BDH12-01

P Mn ppm ICP40B
Cu PPM ICP40B
% ICP40B

0.02% 607 1871

0.02% 551 1410

0.05% 1148 1443

<0.01 765 1484

0.01% 1886 1998

0.03% 2322 2331

0.08% 1786 1857

0.08% 1806 1349

0.03% 2334 2359

0.03% 1645 1088

0.02% 796 2039

0.03% 1995 1383

0.03% 1990 2559
0.03% 1995 1383
0.03% 1990 2559

0.02% 2754 873

0.02% 744 2032

0.02% 833 1121
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROP

From To
(m) (m) Description

156.40 - 157.70 Intrusivo con venillas de mag y py en parches y

cristalizada en fracturas,venillas de carbonatos, epid, chl.

157.10 HYBX polimixtica con clastos de sub-angulosos de epid y px en
una matrisz de mag de grano medio-fino con parches de py y venillas
finas de calc de 10cm.

160.15 209.40

(tipo vuggy) espesor de 8mm-20mm con OxFe y py cristalizada en

cpy.
 cpy.

Page 4 of 5
157.40 Venilla de carbonato con py de 3mm,@ 60°
157.70 Contacto con @50°.
157.70 - 159.2 Intrusivo fracturado con patinas de OxFe y parches
locales de mag 5% de grano medio, epid 1% en fracturas.
157.70 Falla @50°, pitch 10°
159.2 - 160.15 Intrusivo fracturado con incrustaciones de mag fina 8% 11518 158.4 160.15
con py 1% en parches, epid en zonas locales.
159.40 Falla. @30°, pitch 40°

Magnetita
160.15 - 163.7 Mag masiva 65 % de grano grueso- medio con py 1%, 11519 160.15 162
venillas de carbonatos, OxFe en fracturas y micas en trazas. 11520 162 164
161.15 Venilla de carbonato con textura vuggy de 5-10mm @ 50° 11521
161.15 Falla @60° pitch 35° 11522 164 166
163.70-165.30 Bandeamiento de mag 40% con py 2%. y chl similar al 11523 166 168
tramo 131.2-132.50. 11524 168 170
165.30 Contacto @45° 11525 170 172
165.3 - 166.1 Similar al tramo 163.70-165.30 con venillas de carbonato 11526 172 174
fracturas 11527 174 176
166.1 - 184.7 Mag masiva 65% de grano medio-grueso con py 5% en 11528 174 176
parches y en venillas, parches locales de trm y OxFe en fracturas. 11529 176 178
166.45 Falla @ 40°, pitch 30°. 11530 178 180
167.60 Venilla de carbonato con OxFe de 3mm, @ 35° 11531 180 182
168.70 Venillas de sulfuros con OxFe de 5-20mm, @ 60° , con trazas de 11532 182 184
168.80 Micas (bio) cristalizada en fracturas. 11533 184.00 186.00
169.70 Venilla de carbonato // al eje de perforación con un espesor 11534 186.00 188.00

2mm.
176.05 Falla @40° pitch 45°. 11535 188 190
184.70-199.20 Mag masiva @ 65% de grano fino-medio fracturado con 11536 190 192
OxFe 15%, py 3% , con venillas de carbonato 2%. 11537 192 194
186.60 Venilla de carbonato con OxFe de 1-2mm un @ 30º 11538 194 196
186.6-187.9 Mag de grano fino en bandas con chl y OxFe. 11539 194 196
188.80-189.30 Zona fuertemente fracturada con OxFe y mag RQD=0 11540 196 198
192.10 Venilla de carbonato de 3mm @ 45°. 11541 198 200
197.80-198.10 Zona fuertemente fracturada RQD=0. 11542 200 201.4
199.2 - 201.40 Mag masiva 45% de grano fino con ligero bandeamiento 11543 201.4 203.4
@45° de py, trazas de micas (bio²?), OxFe 5%. 11544 203.4 205.4
ESOURCES INC. Drill Hole: BDH12-01
CORD – BOB 1 PROPERTY

Fe SiO2 S_Total
Sample From To Len (%) (%) (%)
# (m) (m) (m) Comments CON08V ICP95A CSA24V

11517 156.4 158.4 2 25.71% 34.85% 4.51%

n
160.15 1.75 18.68% 38.63% 1.65% 0.02% 1720 863

162 1.85 46.37% 18.49% 2.78% 0.02% 1057 1068

164 2 51.38% 16.13% 1.93% 0.04% 817 787
Standard 47.40% 14.75% 4.18% 0.06% 1181 1456
166 2 40.18% 18.33% 2.25% 0.07% 4318 896
168 2 60.28% 8.33% 3.13% 0.03% 631 1274
170 2 61.29% 8.15% 4.38% 0.03% 541 1783
172 2 57.02% 9.04% 3.08% 0.02% 544 1320
174 2 56.47% 8.96% 2.80% 0.02% 741 1023
176 2 Duplicate 57.61% 8.10% 3.87% 0.02% 956 1414
176 Duplicate 56.50% 11.25% 3.67% 0.02% 829 1357
178 2 54.23% 14.21% 2.33% 0.06% 1192 927
180 2 55.87% 12.02% 2.84% 0.10% 944 1193
182 2 58.85% 6.16% 3.60% 0.07% 771 1592
184 2 52.67% 13.53% 3.31% 0.10% 1032 1476
186.00 2 54.82% 9.58% 2.90% 0.11% 1160 1129
188.00 2 52.89% 12.31% 1.41% 0.12% 1450 1121
190 2 45.61% 16.26% 1.08% 0.11% 3357 1087
192 2 39.20% 25.60% 0.13% 0.08% 2020 947
194 2 50.75% 15.58% 0.09% 0.10% 1019 560
196 2 Duplicate 50.11% 12.24% 1.25% 0.15% 4693 1495
196 Duplicate 49.00% 14.88% 0.80% 0.13% 5268 1112
198 2 56.99% 8.33% 0.62% 0.16% 830 1493
200 2 50.47% 11.49% 0.26% 0.50% 1858 864
201.4 1.4 55.08% 9.48% 0.05% 0.25% 995 93
203.4 2 54.95% 10.64% 0.38% 0.22% 841 189
205.4 2 54.41% 11.39% 0.18% 0.32% 1721 70

BDH 12-01
Hole: BDH12-01

P Mn Cu
% ppm PPM
ICP40B ICP40B ICP40B

0.03% 2440 1827

863

1068
787
1456
896
1274
1783
1320
1023
1414
1357
927
1193
1592
1476
1129
1121
1087
947
560
1495
1112
1493
864
93
189
70

BDH 12-01
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROP

From To Description
(m) (m)

201.4 - 208.6 Mag 45% de grano medio con bandas de trm,localmente

bandas onduladas de py 2%; mag cristalizada en fracturas y micas (bio²

205.40-205.60 Intrusivo con venillas de carbonatos y OxFe.

206.80 falla, @45° pich 10°
208.6 Contacto definido @45°
208.6 - 209.40 Bandas de trm 45° y parches, mag 25% en bandas y masiva, bio y epid en fract

209.4 219.2 Magnetita (Zona mixta)

209.40 - 218.2 Zona mixta de mag 40 % y minerales calcosilicatados, trm y py, trazas de hem,

209.90-210.10 Intrusivo
211.90-214.60 Tramo Fracturada con presencia de OxFe.
214.60-215.70- RQD=0
218.2 - 219.2 Bandeamiento de mag 20% y trm con @40°;OxFe 3% en fracturas, carbonato 1%

218.30- venilla de carbonato de 2mm @ 55°

EOH
?).
Page 5 of 5
ESOURCES INC. Drill Hole: BDH12-01
CORD – BOB 1 PROPERTY

Sample From To Len Comments Fe SiO2

# (m) (m) (m) (%) CON08V (%)
ICP95A

11545 205.4 207.4 2 51.23% 12.14%

11546 207.4 209.4 2 46.96% 17.84%

11547 209.4 211.4 2 37.96% 23.67%

11548 Standard 48.20% 14.89%
11549 211.4 213.4 2 31.52% 27.88%
11550 213.4 214.6 1.2 40.07% 21.27%
11551 214.6 216.6 2 43.17% 19.48%

11552 216.6 218.6 2 35.77% 25.27%

11553 218.6 219.2 0.6 35.12% 25.16%

BDH 12-01
Drill Hole: BDH12-01

S_Total P Mn ppm ICP40B

Cu PPM ICP40B
(%) % ICP40B
CSA24V

1.09% 0.24% 1367 465

1.29% 0.18% 894 471

0.50% 0.28% 1561 305

4.21% 0.06% 1154 1425
0.03% 0.40% 1610 159
0.01% 0.48% 1879 147
0.02% 0.45% 1443 83

0.04% 0.49% 1671 195

0.05% 0.48% 1778 126