Silver Lime Project

THE SILVER LIME PROJECT

A mineralized footprint much larger than many of the world’s largest CRD deposits

The Silver Lime CRD-Porphyry Project is located at the centre of the Blue Property. The Project consists of 7 highly prospective targets.

Grizzly CRD Target: High-grade Ag-Zn-Pb-Cu-Au carbonate replacement manto, chimney, and dyke-contact skarn mineralization.

Sulphide City Target: Mo-Cu porphyry and associated high-grade Zn-rich skarn target.

Gally CRD Target: Two Ag-Zn-Pb-Cu-rich, massive-to-semi-massive carbonate replacement zones.

Jackie CRD Target: Multiple surface exposures of high-grade massive sulphide occurrences.

Pete’s CRD Target: High-grade carbonate replacement zone.

Amp Target: Numerous sulphide-bearing vein generations and stringers, semi-massive-to-massive sulphide Ag-Zn-Pb-Cu-Au carbonate replacement mineralization.

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Falcon Target: Two exposed, northwest trending gold and silver-bearing quartz veins

The Silver Lime CRD-Porphyry Project targets span the complete mineralization spectrum from Porphyry Mo-Cu to Fe-Zn-Cu-Ag massive sulphide skarn and Ag-Pb-Zn-Cu±Au carbonate replacement mineralization, to distal, sediment-hosted Ag-Au bearing quartz veining and Ag-Au-bearing base metal sulphide vein occurrences.

Carbonate units range up to 250 meters thick and are exposed at surface over a mapped strike length that currently measures over 8.5 kilometers. These host rocks are folded and intercalated with schist, quartzite, and amphibole-bearing gneiss.

  • The Silver Lime Project has an extremely large surficial expression of CRD mineralization, extending over an area of 10 km by 9.5 km.
  • The current mineralized footprint is much larger than many of the world’s largest CRD deposits.

Mineralization

PETE’S CRD TARGET 
SLM23-028 – 6.40m of 159g/t Ag, 16.4% Pb+Zn, and 0.23% Cu  from 27.43m depth, including 2.07m of 250g/t Ag, 23.2% Pb+Zn, and 0.31% Cu. 

AMP TARGET
Gold in quartz-carbonate veinlets with sulphides at the Amp Target grade up to 6.75g/t Au and 931g/t Ag

SULPHIDE CITY PPY – SKARN TARGET 
SLM22-006- 193m of O.012%  MO from 277m depth, including  10.82m of 0.043% MO, 3.5m of 0.10% MO, and 0.63m of 0.39%  MO.  SLM22-006- 3.3m of 47g/t Ag  and 0.25% Cu from 453m  depth, including 0.67m of 117g/t Ag and 0.37% cu. 

GRIZZLY CRD TARGET 
SLM22-011 intersected 5.64m of 254g/t Ag, 5.1% Pb, 4.8% Zn, 0.11% Cu and 0.12g/t Au from 57.36m core depth including 1.16m of 1,145g/t Ag, 23.2% Pb, 23.5% Zn, 0.52% Cu, and 0.37g/t Au.

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GALLY CRD  TARGET 
SLM23-048 – 8.00m of 139g/t  Ag, 3.5% Pb+Zn, and 0.18% cu  from surface, including 1.30m of  845g/t Ag, 31.3% Pb+Zn, and 1.10% Cu, including 0.50m of 1,030g/t Ag, 32.4% Pb+Zn, and 1.16% cu. 

FALCON AU-AG TARGET
Quartz veins sampled at the Falcon Extension in 2022 graded up to 19.5g/t Au, 33g/t Ag, 0.33% Pb, and 0.30% Sb.

JACKIE CRD TARGET 
SLM22-001- 21.65m of 23g/t  Ag, 1.0% Zn, 1.2% Pb, and 0.08% Cu, including 1.25m of 215g/t Ag, 9.9% Zn, 8.9% Pb, and 0.36% Cu.

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CRD-PORPHYRY-SKARN SCHEMATIC MODEL

DISTRICT-SCALE CRD CHECKLIST

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Why CRD’s are Significant

CRDs have the following characteristics that make these deposit types extremely attractive exploration targets:

Unlike vein-hosted deposits, CRDs typically manifest as continuous sulphide bodies over multi-kilometre-scales that broaden with depth and demonstrate continuity back to the source(s)

Source: After Megaw, VIA MAG Silver Deck

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ASSAY HIGHLIGHTS

2022 Assay Highlights from the Grizzly CRD Target

Hole From (m) To (m) Interval (m) Ag g/t Pb % Zn % Cu % Au g/t
SLM22-011 57.36 63 5.64 254 5.1 4.8 0.11 0.12
Including 57.36 60.51 3.15 424 9.1 8.3 0.2 0.14
and 58.54 59.7 1.16 1145 23.2 23.5 0.52 0.37
SLM22-010 134.04 135.22 1.18 50 0.7 0.9 0.05 -
SLM22-010 276 278 2 99 0.4 1.8 0.18 -
Including 277.1 278 0.9 141 0.5 2.5 0.14 -
SLM22-009 124.16 125.75 1.59 33 1.2 0.6 - -
Including 124.66 125.75 1.09 50 1.9 0.9 - -
SLM22-009 143 145.23 2.23 63 0.6 0.9 - -
Including 144.5 145.23 0.73 192 1.9 2.6 - -

2022 Assay Highlights from the Sulphide City Porphyry-Skarn Target

Hole SLM 22-005
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-005 32.7 37.21 4.51 50 - 0.3 2.5 0.002
Including 35.52 37.21 1.69 111 - 0.5 5 -
and 36.65 37.21 0.56 148 0.17 0.4 12.1 -
SLM22-005 59 62 3 4 - - 4 0.002
Including 60.04 60.6 0.56 7 - - 12.1 0.003
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-006 74.02 86.36 12.34 4 0.11 - 0.7 0.006
Including 74.02 76 1.98 11 0.33 - 3.7 0.004
and 75 76 1 19 0.57 - 5.9 0.003
SLM22-006 277 470 193 2 - - - 0.012
Including 322 421.82 99.82 0 - - - 0.016
411 421.82 10.82 2 - - 0.1 0.043
417 420.5 3.5 1 - - - 0.1
418.82 419.45 0.63 0 - - - 0.385
447.75 470 22.25 12 0.1 0.1 0.2 0.007
447.75 456.39 8.64 23 0.15 0.2 0.5 0.001
453.09 456.39 3.3 47 0.25 0.3 1 0.002
453.09 455 1.91 61 0.25 0.6 1.5 -
and 453.09 453.76 0.67 117 0.37 1.3 2.6 -
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-007 33.24 34.45 1.21 6 - - 6.8 -
SLM22-007 44.14 58.17 14.03 11 0.16 0.1 1.1 0.005
Including 50.89 58.17 7.28 16 0.23 0.2 1.5 0.007
50.89 55 4.11 6 - - 1.7 0.01
and 56.91 58.17 1.26 91 1.39 1.5 1.5 0.007
SLM22-007 96.12 110.63 14.51 3 - - 1.8 0.002
Including 96.12 97.29 1.17 9 0.13 - 11.3 -
and 96.12 98.25 2.13 6 0.1 - 6.5 -
SLM22-007 297 299.05 2.05 10 0.16 - 1.3 0.008
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-008 151.93 153 1.07 11 0.24 - 4.5 0.007
SLM22-008 219.6 220.6 1 7 0.18 - 4.2 0.001
SLM22-008 280.32 281.45 1.13 9 0.18 0.1 11.9 -
SLM22-008 306.67 309 2.33 3 - - 5.3 -
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-013 76.5 77.5 1 10 0.2 - - 0.014
SLM22-013 171.13 171.86 0.73 40 1.77 0.1 0.1 0.002
SLM22-013 234.62 235.8 1.18 12 0.16 0.1 1.1 0.002
SLM22-013 242.78 243.31 0.53 2 - - 9 -
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-014 188 289.38 101.38 0.3 - - - 0.013
Including 268 280.53 12.53 1 - - - 0.029
273.39 287 13.61 0.8 - - - 0.026
and 277 279 2 0.5 - - - 0.137
SLM22-014 401 406.05 5.05 0.3 - - - 0.031
Including 405 406.05 1.05 0.3 - - - 0.102
Hole From (m) To (m) Interval (m) Ag g/t Cu % Pb % Zn % Mo %
SLM22-015 51.5 57 5.5 5 0.09 0.1 0.2 -
Including 53 55 2 13 0.19 0.2 0.4 -
SLM22-015 121 471 350 0.2 - - - 0.008
Including 190.05 337.5 147.45 0.1 - - - 0.012
216 218 2 0.2 - - - 0.075
259.72 279 19.28 0.1 - - - 0.02
and 261 268 7 0.1 - - - 0.027

2022 Assay Highlights from the JAckie Target

Hole From (m) To (m) Interval (m) Ag g/t Pb % Zn % Cu % Au g/t
SLM22-001 0 21.65 21.65 23.3 1.2 1 0.08 -
including 15.71 16.96 1.25 215 8.9 9.9 0.36 -
SLM22-002 1.1 6.47 5.37 51.1 1.1 4 0.19 -
including 5 6.47 1.47 140 3.3 6.3 0.1 -
SLM22-003 154.78 155.71 0.93 62 1.9 1.6 0.06 -
SLM22-004 190.7 198.6 7.9 46.7 0.7 0.4 0.19 -
including 195 197 2 126 2 0.8 0.6 -
AND 196.38 197 0.62 338 5.8 2.1 1.55 -
SLM22-004 335 343 8 6.5 - - - 0.69
including 335 337 2 5.6 - - - 5.42