Advanced Exploration Projects in Colombia with Social & Environmental Commitments

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The Gavia project totals 2,887 hectares in four concessions, all of which are license applications with defined technical studies. Registration in the Colombian National Registry is pending. The project is located 90 kilometers south of Medellin and 43 kilometers northwest of Manizales in the Department of Caldas. The property is located along the Middle Cauca Porphyry Belt adjacent to a number of well defined porphyry deposits.

As of December 2011, the Company has compiled a report of the findings, confirming there are number of artisanal mines located on the project area and reports of ten vein mines, six disseminated mines and one alluvial mine.

The Company is currently in negotiations with local communities and land owners for access to the license area.