Zonda — Torino Metals

SIGNIFICANT SHALLOW DRILLING

Zonda has >5,000m of shallow historical drilling - 73% of holes ended in mineralisation
Torino’s planned drill program will test the deeper copper gold potential of the Zonda porphyry for higher primary grade at depth (as encountered at similar deposits in the region)
Located in mining-friendly San Juan Province, Argentina at moderate elevation
Torino has an option over 100% of the project subject to a 2% royalty which can be purchased for an agreed amount

OUTCROPPING MINERALISATION

Mineralisation at Zonda is outcropping with significant copper and gold grades from surface (e.g. 0m to 50.3m @ 0.54% copper, 0.26 g/t gold)
Broad spaced drilling has defined near surface copper mineralization, but large areas remain untested

POTENTIAL FOR LOW-COST MINING OPERATION

Because the mineralisation at Zonda occurs from surface, the supergene target could provide a low stripping ratio for rapid project cost recovery
Future work will be aimed at (a) defining a copper resource suitable for an open-pittable low-cost solvent leach starter operation and (b) drilling beneath the shallow holes to test the full depth potential of the mineralised porphyry system.

CURRENT PROJECT STATUS

The environmental report for Zonda (Informe de Impacto Ambiental - IIA) has been lodged with San Juan authorities and Torino is now awaiting environmental approval (Declaración de Impacto Ambiental - DIA).
Torino is undertaking the reprocessing of existing geophysics, is conducting new surface mapping and sampling activities and is preparing to conduct additional geophysics on the project.

PREVIOUS EXPLORATION WORK

16,000 line-km district wide airborne magnetic survey.
Mapping of lithologies and alteration.
Ground magnetics, IP chargeability and resistivity geophysics.
Drilling 18 RC holes for 2610.5m and 12 diamond holes for 2571.8m. Total of 30 holes for 5182.3m (Average depth 172.7m).
Chip channel sampling over outcrops. 295 samples.
Petrology on RC and core samples.

ZONDA PROJECT