Ayawilca Polymetallic Project Department of Pasco, Central Peru NI 43-101 Technical Report
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Ayawilca Polymetallic Project Department of Pasco, Central Peru NI 43-101 Technical Report Prepared for: Tinka Resources Limited Effective Date: 2 July, 2019 Prepared by: Project Number: Mr. Edwin Peralta, P.E., Wood P00165 Mr. William Colquhoun, FSAIMM, Wood Ms. Dorata El Rassi, P.Eng., RPA Mr. Adam Johnston, FAusIMM (CP Met), Transmin Ms. Stella Searston, RM SME, Wood CERTIFICATE OF QUALIFIED PERSON I, Edwin Peralta, P.E., am employed as a Senior Mining Engineer with Amec Foster Wheeler E&C Services Inc, part of the Wood Group (Wood), at the company office at 9460 Double R Blvd, Suite 201, Reno, NV 89521. This certificate applies to the technical report entitled “Ayawilca Polymetallic Project, Department of Pasco, Central Peru, NI 43-101 Technical Report”, that has an effective date of 2 July 2019 (the “technical report”). I am registered as a Professional Engineer in the State of Nevada (# 023216) and am a Registered Member of the Society for Mining, Metallurgy and Exploration (RM SME, #04033387). I graduated with a B.S. degree from the Colorado School of Mines in 1995, and with an M.S. degree from the same university in 2000. I have practiced my profession for 23 years. I have experience in Mineral Reserve estimation, mine planning and design for open pit and underground mining operations, and scoping, prefeasibility and feasibility studies. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (“NI 43–101”). I visited the Ayawilca Project site from December 4–5, 2018 I am responsible for Sections 1.1, 1.2, 1.13, 1.15, 1.16, 1.18 to 1.24; Sections 2.1 to 2.6; Section 3; Section 15; Section 16; Section 18; Section 20; Sections 21.1, 21.2.1 to 21.2.5, 21.2.7 to 21.2.11, 21.3.1 to 21.3.2, 21.3.4, 21.3.6 to 21.3.12, 21.4; Section 22; Section 24; Sections 25.1, 25.7, 25.9, 25.10, 25.12 to 25.16; Sections 26.1, 26.2.3, 26.2.6 to 26.2.9, 26.3; and Section 27 of the technical report. I am independent of Tinka Resources Limited. as independence is described by Section 1.5 of NI 43– 101. I have no previous involvement with the Ayawilca Project. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 15 August, 2019 “Signed” Edwin Peralta, P.E. Amec Foster Wheeler E&C Services, Inc., a Wood company 9460 Double R Blvd, Suite 201, Reno, NV 89521 www.woodplc.com Tel: 775 331 2375 Fax: 775-331-4153 CERTIFICATE OF QUALIFIED PERSON I, William Colquhoun, FSAIMM, am employed as a Principal Metallurgical Consultant with Amec Foster Wheeler (Perú) S.A., a Wood company (Wood), with an address at Calle Las Begonias 441, Piso 8 San Isidro, Lima 27, Perú. This certificate applies to the technical report entitled “Ayawilca Polymetallic Project, Department of Pasco, Central Peru, NI 43-101 Technical Report”, that has an effective date of 2 July 2019 (the “technical report”). I am a Fellow of the South African Institute of Metallurgy and a registered Professional Engineer of the Engineering Council of South Africa. I graduated from Strathclyde University with a Bachelor of Science Degree in Chemical and Process Engineering in 1982. I have practiced my profession for 32 years. I have been directly involved in mining and polymetallic, (including zinc) processing operations, metallurgical consulting and engineering studies in Africa, Europe, Australia, Far East and North and South America including Peru. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (“NI 43–101”). I have not visited the Ayawilca Project site. I am responsible for Sections 1.1, 1.2, 1.14, 1.17, 1.18, 1.19., 1.22, 1.24; Sections 2.1 to 2.3, 2.5 to 2.6; Sections 3.1, 3.2, 3.5; Section 17; Section 18.9.2; Section 19; Sections 21.1, 21.2.1 to 21.2.4, 21.2.6, 21.2.11, 21.3.1, 21.3.3 to 21.3.5, 21.3.12, 21.4; Section 24; Sections 25.1, 25.8, 25.11 to 25.13, 25.15; Sections 26.1, 26.2.5, 26.2.8, 26.2.9, 26.3.2, 26.3.3; and Section 27 of the technical report. I am independent of Tinka Resources Limited. as independence is described by Section 1.5 of NI 43– 101. I have no previous involvement with the Ayawilca Project. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 15 August, 2019 “Signed” William Colquhoun, FSAIMM. Amec Foster Wheeler (Perú) S.A. (a Wood company) Calle Las Begonias 441, Piso 8 San Isidro, Lima 27, Perú www.woodplc.com Tel (511) 221-3130 Fax (511) 221-3143 CERTIFICATE OF QUALIFIED PERSON I, Dorota El Rassi, P.Eng., am employed as Senior Geological Engineer with Roscoe Postle Associates Inc. of Suite 501, 55 University Ave Toronto, ON M5J 2H7. This certificate applies to the technical report entitled “Ayawilca Polymetallic Project, Department of Pasco, Central Peru, NI 43-101 Technical Report”, that has an effective date of 2 July 2019 (the “technical report”). I graduated from the University of Toronto in 1997 with a B.A.Sc. (Hons.) degree in Geological and Mining Engineering and in 2000 with a M.Sc. degree in Geology. I am registered as a Professional Geological Engineer in the Province of Ontario (Reg.# 100012348). I have worked as a geologist for a total of 20 years since my graduation. My relevant experience for the purpose of the Technical Report is: • Review and report on exploration and mining projects for due diligence and regulatory requirements • Mineral Resource estimates on a variety of commodities including gold, silver, copper, nickel, zinc, PGE, and industrial mineral deposits • Experienced user of Gemcom, Leapfrog, Phinar’s x10-Geo, and Gslib software. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (“NI 43–101”). I visited the Ayawilca Project site on September 19, 2018 I am responsible for Sections 1.1, 1.2, 1.5 to 1.9, 1.11, 1.12, 1.24; Section 2; Sections 3.1 and 3.2; Section 6; Section 7; Section 8; Section 9; Section 10; Section 11; Section 12; Section 14; Sections 25.1, 25.3, 25.4, 25.6; Sections 26.1, 26.2.1, 26.2.2, 26.2.9, 26.3.1, 26.3.3; and Section 27 of the technical report. I am independent of Tinka Resources Limited as independence is described by Section 1.5 of NI 43–101. I have previously co-authored the following technical report on the Ayawilca Project: • El-Rossi, D., and Ross, D., 2019: Technical Report on the Mineral Resource Estimate for the Ayawilca Property, Department of Pasco, Peru: technical report prepared by Roscoe Postle Associates Inc for Tinka Resources Limited, effective date 9 January, 2019. I have read NI 43–101 and the sections of the technical report for which I am responsible have been prepared in compliance with that Instrument. As of the effective date of the technical report, to the best of my knowledge, information and belief, the sections of the technical report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated: 15 August, 2019 “Signed” Dorota El Rassi, P.Eng. CERTIFICATE OF QUALIFIED PERSON I, Adam Johnston, FAusIMM (CP) am employed as Chief Metallurgist with Transmin Metallurgical Consultants of La Perricholi 110, San Isidro, Lima, Peru. This certificate applies to the technical report entitled “Ayawilca Polymetallic Project, Department of Pasco, Central Peru, NI 43-101 Technical Report”, that has an effective date of 2 July 2019 (the “technical report”). I graduated from Western Australian School of Mines (BEng Minerals) in 1995. I am a Chartered Professional (CP) in Metallurgy and a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM). I have worked as a precious and base metal metallurgist since my graduation. My relevant experience for the purpose of the Technical Report is: • As a metallurgical consultant on numerous base metal mining and exploration projects around the world • 25 years experience in metallurgical flowsheet development, testwork and engineering, principally in Australia, Canada, and Peru. As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43–101 Standards of Disclosure for Mineral Projects (“NI 43–101”). I have not visited the Ayawilca Project.