7/31/2019 Nota de Prensa: Proyecto AntaKori de Southern Legacy
Minerals - Cajamarca
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For Immediate Release
Southern Legacy Files NI 43-101 Technical Report for the
AntaKori Project in Cajamarca,
Northern Peru
Toronto, Ontario August 20, 2012 - Southern Legacy Minerals
Inc.(Southern Legacyor the
Company) (LCY.V) is pleased to announce that it has filed a
National Instrument 43-101 (NI 43-
101) compliant technical report related to its press release on
July 3, 2012 announcing the
inferred resource estimate for the Companys AntaKori
Project.
The independent technical report, entitled Technical Report,
Southern Legacy Mienrals Inc.,
AntaKori Property, Yanacocha-Hualgayoc Mining District,
Department of Cajamarca, Peru (theTechnical Report), dated July 2,
2012, was prepared for Southern Legacy by Scott E. Wilson
Consulting, Inc. of Englewood, Colorado. The Technical Report is
available under the Companys
profile on SEDAR atwww.sedar.comand on the Companys website
atwww.slminerals.com.
The AntaKori Project, containing copper (Cu), gold (Au), silver
(Ag), molybdenum (Mo), lead
(Pb) and zinc (Zn), is located between Gold Fields Limiteds
Cerro Corona mine and
Buenaventuras Tantahuatay mine in Cajamarca, Peru. As at July 2,
2012, the project hosts 5.9
billion pounds of inferred copper equivalent resource at an
average copper equivalent grade of
0.92%. Applying a cut-off grade of 0.20% Cu in-pit and 0.50% Cu
underground, the resource is
summarized in the table below:
Resource TypeInferred Category
Tonnes
(x1,000)
Grade
Au g/t
KOz
Au
Grade
Ag
g/t
KOz
Ag
Grade
Cu
%
Cu Lbs
(x1,000)
Grade
Mo
ppm
Mo Lbs
(x1000)
Grade
Pb
%
Pb Lbs
(x1,000)
Grade
Zn
%
Zn Lbs
(x1,000)
In-Pit 125,388 0.25 1,008 6.60 26,606 0.28 774,012 6.93 1,916
0.05 138,216 0.22 608,152
Underground 169,376 0.44 2,396 12.79 69,647 0.63 2,352,481 13.48
5,034 0.08 298,728 0.26 970,865
Total 294,764 0.36 3,404 10.16 96,253 0.48 3,126,493 10.69 6,950
0.07 436,944 0.24 1,579,018
Notes: i) Estimates were calculated using Inverse Distance
Squared method
ii) Estimates were calculated within a Whittle Pit and limited
to Southern Legacys property mineral tenureiii) Underground
resources assume Block Caving at 0.50% Cu cutoff grade
iv) Copper equivalent formula uses $1,500 per ounce gold, $30
per ounce silver, $3.50 per pound copper,
$0.85 per pound for lead and zinc and $16 per pound
molybdenum
v) The resource model was based on 17,952 m of diamond core
drilling in 70 drill holes
Qualified Person
Scott E. Wilson, C.P.G., of Scott E. Wilson Consulting, Inc. in
Englewood, Colorado prepared the
AntaKori resource estimate.
Mr. Wilson is an independent qualified person as defined by
National Instrument 43-101 and
has prepared or reviewed the preparation of the information
which forms the basis of this press
release. He is a Certified Professional Geologist, a member of
the American Institute of
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Professional Geologists (CPG #10965) and a Registered Member
(#4025107) of the Society of
Mining and Metallurgy and Exploration, Inc., a professional
association and designation
recognized by the Canadian regulatory authorities. Mr. Wilson
verified the data, including the
sampling, analytical and test data underlying the information,
disclosed in this release.
Verification included a review and validation of the applicable
assay databases and reviews of
assay certificates.
On behalf of Southern Legacy Minerals Inc.,
Cesar Lopez
Cesar Lopez, Interim CEO
T: 786-427-3547
E: [email protected]
For Further Information, Contact:
Elina Chow
VP, Corporate DevelopmentT: +1.416.845.8495
E: [email protected]
www.slminerals.com
About Southern Legacy Minerals Inc.
Southern Legacy Minerals Inc.(Southern Legacy) (TSX-V: LCY) is
an exploration company with
a diversified portfolio of gold and copper projects in South
America. Southern Legacys current
projects span along the Andes in Colombia, Peru and Chile. Led
by a management team with
over 20 years of mineral exploration and development experience
in South America, the team
boasts strong relationships with local government officials and
stakeholders in the jurisdictions
where their projects are situated. Southern Legacy is currently
focused on expanding theresource at its flagship copper and gold
project AntaKori (formerly known as Sinchao), located in
northern Peru between Gold Fields Cerro Corona and Buenaventuras
Tantahuatay mines.
Forward Looking Statement:
Certain of the information contained in this news release
constitutes forward-looking
statements within the meaning of securities laws. Such
forward-looking statements, including
but not limited to those with respect to the prices of metals
and minerals, purchase payments,
estimated future production and estimated costs of future
production involve known and
unknown risks, uncertainties and other factors which may cause
the actual results, performance
or achievements to be materially different from any forecast
results, performance or
achievements expressed or implied by such forward-looking
statements. Such factors include,among others, the actual prices of
metals and minerals, the actual results of current exploration,
development and mining activities, changes in project parameters
as plans continue to be
evaluated, as well as those factors disclosed in the documents
of the Company filed from time
to time with the British Columbia Securities Commission.
