The Ord Mt Porphyry Gold-Copper Property in the Southern California, USA April Preliminary - for Discussion Purposes Only

Transcription

1 The Ord Mt Porphyry Gold-Copper Property in the Southern California, USA April 2017 Preliminary - for Discussion Purposes Only

2 1.0 Introduction Soledad Mt Gold Mine NewCastle Gold Mine SW Tech Corporation is a gold-copper resource exploration company registered in CA, USA; Owning the Ord Mt Property near the Barstow area, CA; Ord Mt Property is a Porphyry Gold-Copper Deposit, consisting of 284 mining claims and 8 mining patent lands covering around 20 Km 2 and 160 Acres respectively 2

3 1.1 More Than 4 km Long Main Mineralization Zone on the Surface Good infrastructure, surface mineralization, open pit mining potential.

4 1.2 Potassium Alkaline Gold Dominated Porphyry System Pyrite and magnetite in monzonite from DH03 Native gold in the quartz veins from surface rock sample Disseminated chalcopyrite in quartz monzonite from DH02 Disseminated, patchy sulfide mineralization in the fractured zone in andesite in DH24 4

5 2.0 Completed Exploration Works 2.1,Topo Survey - 1:2000 scale, for 40km 2 by Aero Tech Surveying in , Aero Magnetic Survey For the main mineralization zone by EDCON-PRJ, Inc In , Geological Mapping For 40km 2 by SRK in , More than 8000 Surface Channel and Chip Samples for the main mineralization zone by SW in

6 2.5 Adit Channel Sampling Program: Strong Gold-copper Mineralization in the Adit Chalcopyrite, pyrite and malachite in Adit 1 Malachite and azurite in Adit 5 Significant Mineralization Intercepts Highlights in the Adit Channel Samples 6

7 2.6 Shaft Channel Sampling Program: Strong Gold-copper Mineralization in the Shafts Goldcopper Mineralizat ion at 50m depth in the old Sunset Shaft (1920s) Adit Name Sample ID Interval Au (g/t) Ag )g/t) Cu (%) AuEQ (g/t) ADIT 6_6 SS ADIT 6_6 SS ADIT 6_6 SS ADIT 6_5 SS ADIT 6_5 SS ADIT 6_5 SS Sunset shaft and adits ADIT 6_7 SS

8 2.7 Drilling Program Total 6, m with 18 holes in the Ord MT Central Area All 18 holes hit the mineralization with intercept from 30 to 280 m, at gold equivalent 0.3 g/t cut off,average mineralization intercept is 73m with average AuEQ grade of 1.0 g/t Hole_ID From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (%) AuEQ (g/t) DH DH DH DH DH DH Significant Mineralization Intercepts Highlights in the Drill Holes 8

9 3.0 Resource Estimate for Ord Mt Property By Snowden Database: 18 drilling holes with total 6300 basic samples assay; 6 adits channel with total 823 basic samples assay; 31 surface chip sample lines with total 6637 chipping samples assay; 35 surface channel samples lines with total 264 channel samples assay. Resource Estimates for 3 Mineralization Zones Ord Mt Main Zone: Data space at m interval to define Inferred resource; Brilliant Zone:Data space at m interval, to define Inferred category resource; Sunset Zone: Data space at 100m interval to define Inferred category resource; Block Size:10x20x20m (Open Pit Considerations); Based on AuEQ grade cutoff 0.3 g/t to define the Ore Wireframe. AuEq value was calculated as follows: AuEQ = Au (g/t) + Cu%X10X2.205X3/(1200 Au/ozX oz/g)+ag g/tx17 Ag$/oz/1200 9

10 3.1 Resource Estimate Results for Ord Mt Property By Snowden Ord Mountain Mineral Resource Statement by Snowden as at 15 October 2014(1,2) Category Cutoff (AuEq) M Tons AuEQ (g/t) Au (g/t) Au (M oz) Ag (g/t) Ag (M oz) Cu (%) Cu (M lb) Inferred (1) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this news release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council. (2) The quantity and grade of reported Inferred resources in this estimation are uncertain in nature and there has been insufficient exploration to define these Inferred Resources as an Indicated or Measured Mineral Resource and it is uncertain if further exploration will result in upgrading them to an Indicated or Measured Mineral Resource category. 10

11 3.2 Potential Resource for Ord Mt Property in the Central Area Current Resource Estimate for only 3 of 8 defined mineralization zones. Only shallow part (most m) of the Ord MT mineralization have been defined. If drill to m deep, potential more resources should be defined. Potential Resources 11

12 3.3 Potential Resources for Ord Mt Property in the NNE Area Strong mineralization in the NNE area: Gold banner, White dollar, and Caldera Zones 12

13 3.4 Potential Resources for Ord Mt Property in the Copper Field Area Copper Field: strong mineralization on the surface and adit; and average grade from 32 surface sample assay results: g/t Au and 0.24%- 0.26% Cu. 13

14 4.0 Planned Works for Ord Mt Property Planned Exploration Works and Budgets for Ord Mt Property Government Approved Drilling Program for 7 years S/N Exploration Description Planned amount Required Budget (US$) 1 Surface Channel 50 m interval on the mineralized outcrop in SSZ and IMCZ 2000 m 200,000 2 Geophysical Orion 3D Survey Ord Mountain Central Area 24 m2 500,000 3 Drilling Drilling in SSZ, OMCE and BZ 20,000 m 6,000,000 4 Assay Au, Cu and Ag 15, ,000 5 Metallurgical Test Andesite, Monzonite and Latite Ore Each type of ore with 100 kg 500, report and resource estimate Institute certified report and resource estimate Ord Mountain Central Area 300,000 Total 8,000,000 14

15 5.0 Summary Current exploration work conducted by SW Tech has identified multiple gold-copper mineralization zones and defined Mt inferred mineral resources at gold equivalent grade (AuEQ) of 1.24 g/t containing around 2.5 Moz gold metals at gold grade of 0.61 g/t, 0.42 Mt copper metals at copper grade of 0.33% and Moz silver at silver grade of 4.78 g/t, which complies with the NI requirements in the Ord Mountain Area, California, United States of America. Further exploration works are planned and ready to be conducted. Current exploration work suggests that the Ord Mountain gold-copper project potentially is a buck tonnage, open pit minable, low cost, world-class gold-copper deposit, similar to 20 Moz Barrick s Cerro Casale Project in Chile Contact: Tony Guo, CEO, P.Geo tguo@swtechcorporation.com, Preliminary - for Discussion Purposes Only