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Resource World - June-July 2018 - Vol 16 Issue 4

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8 www.resourceworld.com J U N E / J U L Y 2 0 1 8 35 cents per unit. Chakana Copper Corp. [PERU-TSXV] is advancing a high- grade, copper-gold-silver exploration project in the Peruvian Andes. The Soledad Project is located near Aija in the Ancash region of the prolific Cordillera Negra mountain range. The proj - ect has been optioned from Condor Resources Inc. [CN-TSXV]. It is located 35 km south of Barrick's Pierina Mine in the rich Miocene metallogenic belt. So far, nine mineralized breccia pipes have been identified by mapping on the project. The pipes form a cluster within an area of 4 km 2 and are spaced between 175 metres and 625 metres apart with vertical relief between the pipes of over 500 metres. The focus of the current drilling program is to determine the economic potential of several of the quartz-tourmaline-sulfide breccia pipes that crop out at surface. Phase 1 is directed towards pipes 1 and 5. Phase 2 will allow for additional drill platform locations and more drill holes to test several other pipes and targets identified on the project. In addition to the Soledad Project noted above, Condor Resources Inc. has nine other projects in various Peruvian prov - inces; namely, the Chavin, Quriurqu, Ocros, Humaya, Andrea), San Martin, Lucero and Quilisane. Exploration programs are underway at several projects that are being conducted by Condor or its JV partners. Great Panther Silver Ltd. [GPR-TSX; GPL-NYSE American] has two wholly-owned mines in Mexico. It is also evaluating the restart of the Coricancha Mine in Peru, which was acquired in June 2017 from Nyrstar NV. The mine is located in the Province of Huarochiri, approximately 90 km east of Lima and can be accessed by the Central National Highway. The Coricancha Mine has been on care and maintenance since August 2013, when it was closed due to falling commodity prices. The property covers more than 3,700 hectares in the prolific Central Polymetallic Belt and production dates back to 1906. Gold-silver- lead-zinc-copper mineralization occurs as massive sulphide veins that have been mined underground by cut and fill methods. In a December 2017 news release, Great Panther said total mea - sured and indicated resources stand at 752,759 tonnes grading 5.8 g/t gold, 200 g/t silver, 2.06% lead, 3.26% zinc, 0.53% copper, or 999 g/t silver equivalent, and 24.2 million silver equivalent ounces. Inferred resources are 943,160 tonnes of 934 g/t silver equivalent or 28.36 million silver equivalent ounces. Great Panther is currently conducting engineering and environmental studies in order to determine the viability of restarting the operation. HudBay Minerals Inc. [HBM-TSX, NYSE] recently filed an updated NI 43-101 technical report for its 100%-owned Constancia porphyry copper mine. The report includes updates to the mineral reserves and resources and mine plan, including anticipated throughput recoveries and capital and operating costs for the remaining life of mine at Constancia. Constancia is pri - marily a copper mine in the province of Chumbivilcas, southern Peru, and comprises the Constancia and Pampacancha deposits. PERU info@mcewenmining.com | 647.258.0395 | mcewenmining.com Black Fox Timmins, Canada 48koz Gold 2018 Strategic Land Position Gold Bar, Nevada Under Construction +60koz Gold 2019 El Gallo, Mexico Silver Project Gold - Sulfide Project Los Azules, Argentina Huge Copper Asset 2017 PEA - 36 Year Mine Life San José, Argentina +90koz Gold Eq. / Year High Grade Silver-Gold Mine Rob McEwen Ownership 24% MCEWEN MINING ASSET RICH LEVERAGE TO GOLD, SILVER & COPPER HIGH BETA TO GOLD

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