MINE SITE 1: GoodMark Capital Group, Inc. has 79 contiguous claims in our Oro Gold Mine in southern Arizona we hold the mineral rights to bringing our total contiguous claim block to 2.55 Square Miles ( 1,632.14 Acres ). GoodMark Capital Group, Inc.'s original 19 contiguous claims in the center of our mine ( 392.54 Acres ) were acquired from the original claim holders on 11-27-13 after Hellix Ventures, Inc. (HEL:TSX.V / HLLXF:OTC) that held the mineral rights to The Oro Gold Mine defaulted on their payment arrangement. ( “Hellix Drops Margarita Lease” – http://www.hellixventures.com/news/2013_sept_05.html ). We hold under a signed contract from the original claim holders the rights to 98% of the Net Smelter Revenue Earnings from all extraction of GOLD, SILVER and any other commercially producible precious metals from the center 392.54 acres of our mine. On September 1, 2014 GoodMark added 60 additional adjacent contiguous claims surrounding the original claim block of the Oro Gold Mine that was previously known as the Margarita Mine during the early 1900's after being claim recorded before that as the McDonald Prospect. ( Additional 1,239.60 Acres ) We hold 100 % of the mineral rights to this 1,239.60 Acres we added to the mine that brought our total contiguous claim block to 2.55 Square Miles ( 1,632.14 Acres ). CLICK ON LINK: ►( GoodMark BLM Current List of Arizona ORO Mining Claims 102814r ) NOTE: File has internal links that open individual claims on BLM.gov website. These mining claims are held on BLM land that has been Government Tested By The United States Bureau Of Mines (USBM BM 2010 Sample Sites) and drill core verified through many extensive core sampling programs totaling 16 in the last 40 Years. The last drill core program completed a total of twelve vertical HQ size diamond drill holes to a maximum depth of 100 feet to confirm the past historic testing programs that have been performed on the property. The samples were collected, selected, handled and delivered to Skyline Laboratories in Tucson, Arizona by an independent Registered Geologist in charge of the QA/QC program on this project. Sample procedures were followed that meet the requirements for NI 43-101 reporting. Standards and blanks were inserted at prescribed intervals in each hole as well as a second re-sample of one reject material interval from each hole. Standards were provided from a reputable independent geochemical contractor. We know we have gold in the ground from the audit assay drilling information we possess on this property in addition to the vast amount of additional information on the 350+ core samples that have been performed in total on the property (700+ pages total). This first mine is just the opener of GoodMark's multiple project equity portfolio. (12-15 +/ year extraction life is expected for total 1,632.14 acres at final stage of full production)
($100M +/- gold reserves rotary drill core sample verified; sample procedures were followed that meet the requirements for NI 43-101 reporting; audit assayed; volumetric calculation; 5-7 year extraction life-rectangular box indicating test area shown on map below only), ($135-$404M+/- mineral reserve; rotary drill and percussion core sampled; USBM tested; probable volumetric calculation – Per Dekalb Mining Inc.'s reserve calculation in 1982.) see footnote ¹
Projection shown below indicates the value of the mine that is expected from recalculation on the original claim area of only the partial section of our whole claim that has had up to 400 ft deep drill core verification performed on it (See yellow claim block area only indicated in the news and updates section of our website) per Dekalb Mining Inc.'s minable reserves calculation in 1982 when factoring the (0.37) Ounces Per ton of Gold / OPT AU shown in later drill core verification program's audit assay). see footnote ¹
OPT AU shown in later deep drill core verification programs: (0.37 OPT AU)
Reserve tons estimate Per Dekalb Mining Inc (1982): 2,500,000 to 7,500,000 raw ore material.
Corrected Reserves Ounces Estimate at (0.37 OPT AU) = 925,000 to 2,775,000 ounces of gold.
Net per oz after extraction costs estimate: $900.00
Low / High value per Dekalb’s mineable ore material reserves estimate = $832,500,000.00 / $2,497,500,000.00
(Gold only – not including our new 60 additional claim block)
footnote ¹: (See: Page 10 GoodMark Prospectus Brochure 9314r) “4. Dekalb Mining Inc. (1982): Surface sampling program and their study of the distribution of silicified zones showed their estimated possible and potential reserves tonnage to be 2.5 to 7.5 million tons equaling 150,000 to 450.000 oz. gold.” Referenced from Page 24 section 6.5 of 80 page total “Report On ORO GOLD PROJECT” dated November 15, 2004 by J.H. Montgomery Professional Qualified Person, PH.D, P.Eng.
ADDITIONAL DRILL PROGRAM CONTRACTING AND TESTING HISTORY
1. Pittsburg Glass Industries-PPG (1976): 29 air-track holes to ranging in depths of 75 to 100 feet showed values up to 0.24 oz./ton gold.
2. Apache International Mining G.S.A. Resources (1980-85): 32 hole air-track drilling program totaling 2360 feet reported a calculated reserve of 220,000 tons equaling 13,200 oz. gold.
3. Homestake Mining Company (1982): A total of 353 rock samples tested showed values up to 0.13 oz./ton gold.
4. Dekalb Mining Inc. (1982): Surface sampling program and their study of the distribution of silicified zones showed their estimated possible and potential reserves tonnage to be 2.5 to 7.5 million tons equaling 150,000 to 450.000 oz. gold.
5. Studsvik Analytics AB (1982): 17 air-track drill holes totaling 1510 feet and 16 rotary drill holes totaling 3500 feet calculated reserves at 214,000 tons equaling 13,696 oz. gold including encountering gold values at depths of 230 and 390 feet associated within strongly fractured zones. This figure could be termed a drill-indicated resource.
6. Airborne Minerals Consultants International Inc. (1981-1984): Mr. Fred Brost, P.E. performed metallurgical tests on material from the mine in 1981 and 1984. On mine run material, recoveries of 37.8% gold and 26.35% silver were attained in a 14 day period. When crushed to -0.5 inches and agglomerated, recoveries were 92.46% for gold in 14 days.
7. Golden Concord Mining Corporation (1983): 40 air track holes drilled and from the results (Drill hole data is available for most off the holes but final reports were unavailable) they recommended an additional 155 air-track holes, 2000 feet of diamond drilling and metallurgical testing.
8. Amax Mining (1984): Using all available drill hole data, Amax made a reserve calculation of 516,000 tons equaling 27,864 oz. gold.
9. Sonora Exploration and Mining Co. (1984): In 1984 M.H. Johnson also made reserve estimates. He calculated a mineable reserve of 328,600 tons equaling 20,045 oz. gold.
10. Pirates Gold Corporation (1985): During 1985, a program of exploration was conducted for Pirates Gold Corporation by J.H. Montgomery, PH.D., P. Eng. Montgomery Consultants Ltd. For the purpose of a geostatistical reserve estimation a total of 233 drill holes were selected by G.H. Giroux, Ma. Sc., P. Eng. of Montgomery Consultants Ltd. showing 482,000 tons equaling 22,700 oz. gold reserve estimate. It is likely that the estimates would fall in the category of indicated mineral resources as set out in NI 43-101.
11. Newfields Minerals Inc. (1987-91): D. McKee prepared a Preliminary Feasibility study for Newfields Minerals Inc. estimating the cost of mining and processing at $10.45 per ton (1987). Steven Van Nort (1986) made an independent evaluation using the data from the study calculating a resource reserve estimate of 440,000 tons equaling 31,680 oz. gold.
12. La Teko Mines Ltd. – Now owned by Kinross 1991-96): Jeff Rogers of La Teko completed a total of 14 holes totaling 4000 feet of reverse circulating drilling to a maximum depth of 400 feet with a recommendation of additional mapping, sampling and data compilation based on a estimated potential of 2.3 million tons.
13. Rock Resources (2001-2002): Rock Resources geological team completed a VLF EM (very low frequency electro magnetic) survey over the grid to a chargeability depth of 200 ft. The Company hired Peter E. Wolcott & Associates Limited to perform a 16 km (10 mile) Induced Polarization Survey (IP) over the surveyed area in August 2002 to test for steep dipping quartz filled structures hosting vein gold mineralization.