Issue link: http://resourceworld.uberflip.com/i/759903
30 www.resourceworld.com D E C E M B E R / J A N U A R Y 2 0 1 7 Ecuador and specifically the El Domo deposit which hosts the fol- lowing resources: INDICATED – 6.08 million tonnes at 2.33% copper, 3.06% zinc, 0.28% lead, 2.99 g/t gold and 55.81 g/t silver, for 312.95 million lbs copper, 409.56 million lbs zinc, 37.76 million lbs lead, 584,457 oz gold and 10,911,281 oz silver. INFERRED – 3.88 million tonnes at 1.56% copper, 2.19% zinc, 0.16% lead, 2.03 g/t gold and 42.92 g/t silver, for 133,46 million lbs copper, 187.39 million lbs zinc, 13.96 million lbs lead, 253,607 oz gold and 5,357,690 oz silver. The El Domo massive sulphide deposit has a north-south strike length of 850 metres and an east-west width of between 300 and 500 metres with an average thickness of 10 metres. dYnasTY MeTals and MininG inC. Dynasty Metals and Mining Inc. [DMM-TSX; DMMIF-OTCQX] has a 100% interest in the Zaruma gold mine, its flagship proj- ect, located in the Zaruma-Portovelo Mining District, southern Ecuador, 3 km north of the town of Zaruma. Since 2003, Dynasty has established underground mining and processing facilities. The underground mine portal is roughly 7.5 km from the 1,100 tonne-per-day processing facility. Measured and indicated resources are 1,094,000 oz gold aver- aging 13.01 g/t. Inferred resources are 1,448,000 oz averaging 12.16 g/t. Commercial production began October 1, 2013. In 2014, Dynasty sold 28,350 oz gold and 60,272 oz silver for gross pro- ceeds of US $37 million. There is a royalty of 3% of total gold revenue to government and a 1.5% royalty of net value to the previous concession owner. The company also has the Dynasty Goldfield gold-silver proj- ect and the Jerusalem gold project, both in Ecuador. COrnersTOne CapiTal resOUrCes inC. Cornerstone Capital Resources Inc. [CGP-TSXV; CTNXF-OTC; GWN-XETRA] has resumed drilling at the Cascabel copper-gold porphyry, joint venture, exploration project in northwestern Ecuador. Cornerstone has a 15% interest financed through to completion of a feasibility study. SolGold PLC is financing 100% of the exploration at Cascabel and is the operator of the project. Drilling began with three rigs on site and a fourth to start by end of February 2017. Initial holes CSD-16-018, CSD-16-019 and CSD-16-020 will test the deep portions of the Alpala Central deposit. Track-mounted drilling rigs will focus on the extension of the Alpala deposit and are expected to bear the brunt of deep drilling with higher penetration rates, faster access and rig moves between holes. Drilling is expected to reach 2,800 metres deep to test the Alpala deposit a further kilometre below the deepest known mineralization in the deposit. TOaChi MininG inC. Toachi Mining Inc. [TIM-TSXV] has an option to earn between a 60% and 75% interest in the La Plata gold-copper-zinc vol- canogenic massive sulphide deposit 85 km southwest of Quito, Ecuador. The high-grade, gold-rich VMS deposit supported a small scale mine between 1975 and 1981. Historic resources based on drilling by Cambior and Cornerstone were estimated at 913,977 tonnes grading 8.01 g/t gold, 88.3 g/t silver, 5.01% copper, 6.71% zinc and 0.78% lead in the inferred category. Recent drilling in Hole CMLP-16-01 intersected 6.7 metres of massive sulphides grading 6.42 g/t gold, 40.1 g/t silver, 2.08% cop- per, 1.54% lead and 8.96% zinc from 453.4 metres. The intersection confirms the gold-rich nature of the La Plata VMS polymetallic deposit. Hole CMLP-16-01 was drilled 15 metres below an historic drill hole which intersected 8.9 metres grading 31.7 g/t gold, 280 g/t silver, 5.86% copper and 18.1% zinc in 2006. inV MeTals inC. INV Metals Inc. [INV-TSX] completed a positive Preliminary Feasibility Study (PFS) on the 100%-owned Loma Larga gold project in southern Ecuador in 2016. The PFS contemplates an underground mine with a daily production rate of approximately 3,000 tonnes per day and average annual gold production of 150,000 ounces, with an initial life-of-mine of about 12 years. Combined high-grade and low-grade indicated resources are 17.9 million tonnes grading 4.42 g/t gold (2.55 million oz); 28.3 g/t silver (16.3 million oz); and 0.26% copper (104.0 million lbs). Combined high-grade and low-grade inferred resources are 7.3 mil-