Sombrero Resources Options High-Grade Takana Copper-Nickel District (Mike Henrichsen & Ivan Bebek)

Sombrero Resources recently optioned the high-grade Takana copper-nickel district in southeastern Peru. The Takana district is comprised of claims encompassing 50,300 hectares and has numerous high-grade copper-nickel occurrences. The claims are located approximately 90km northwest of the city of Cusco and approximately 235km northeast of the Sombrero District, where the Company controls 130,000 hectares on the western extension of the Andahuaylas Yauri belt. Numerous high-grade copper-nickel occurrences have been identified in the Takana district, primarily through first pass reconnaissance channel and rock sampling by the previous operator. There are two multi-kilometre trends of mineralization in the central region of the property with channel sample highlights including: 10 metres (m) of 2.08% copper (Cu), 0.85% nickel (Ni), 0.61 g/t platinum (Pt), and 0.96 g/t palladium (Pd); 4m of 6.11% Cu, 0.08% Ni, 5.54 g/t Pt and 9.51 g/t Pd; 18m of 0.51% Cu, 0.43% Ni, 0.17 g/t Au, 0.16 g/t Pt, and 0.15 g/t Pd; and 20.1m of 0.21% Cu and 0.33% Ni. The southern region of the property is characterized by strong copper-nickel stream sediment anomalies that are coincident with numerous conductors identified in an airborne electro-magnetic geophysical survey. CEO Ivan Bebek stated: “In an effort to offer more to Sombrero shareholders we have acquired the Takana District in Peru. This gives the Company a second major opportunity to capitalize on the increasing demand for base metals and scarcity of world class copper and nickel exploration opportunities. The Takana district has been identified through previous high-quality exploration efforts and represents multiple scalable high-grade copper and predominantly nickel discovery opportunities." In this interview, CEO Ivan Bebek and Chief Geologist Michael Henrichsen explain the Takana district prospectivity and provide an overall update on the company. Sombrero Resources is currently unlisted after being spun-out from the Auryn Resources and Eastmain Resources in 2020. 0:00 Introduction 1:55 Sombrero Resources’ origins 3:42 Takana Copper-Nickel District 5:35 How soon can Takana be drilled? 6:12 Takana deal mindful of dilution 8:57 Sombrero Resources’ name will be changed 9:26 Sombrero relisting 14:19 How Sombrero Resources was able to acquire Takana 16:49 Advancing Takana 17:47 Funding Sombrero Resources https://sombreroresources.com/ Press Release discussed: https://sombreroresources.com/news-media/news-releases/sombrero-resources-options-the-high-grade-takana-copper-nickel-district-in-southeastern-peru/ Presentation: https://sombreroresources.com/investors/presentations/ Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sombrero Resources is a Mining Stock Education sponsor. The company’s forward-looking statement found at TierOneSilver.com applies to everything discussed in this interview. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our podcasts or videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest.