Ag & Au Open Pit Mining Project don balo

DON BALO is a mining PROJECT on an EARLY EXPLORATION STAGE where SILVER and GOLD (among other minerals) have been hosted inside a LIMESTONE ore deposit which has been dated back to the CRETACEOUS period. The PROJECT is looking to achieve it’s PRODUCTION STAGE and SUSTAINED DEVELOPMENT through a JOINT VENTURE (between OWNER – INVESTOR/FINANCIAL INSTITUTION – CONTRACTOR), reaching an agreement for a SUCCESSFUL BUSINESS RELATIONSHIP.

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DON BALO PROJECT GOALS

ESTIMATED Au AVERAGE GRADE

2 gr/TON

RECOVERY > 65%

5,000 TPD CRUSHING &

GRINDING PLANT

PRODUCTION COSTS

< $800 USD/Oz Au

BIO-LEACHING LEACHING FLOTATION

COMMODITY PRICE

$ 1,450 USD/Oz Au

200 Oz/day Au

$135K USD/day ($40M USD/YEAR)

-TAXES - INVESTMENT

+ SUB PRODUCTS

Don Balo Mining Concession AREA: 4766.4053 Ha

Issued from November 19, 2010 and valid through

November 18, 2060

100 % owned by Armando González Rovira

A Local Community Agreement has been settled to

perform all necessary exploration works including

drilling and rock extraction from the zone for further

analysis.

Environmental Impact Manifest (MIA) for this specific

activities has also been achieved at the corresponding

Natural Resources Preservation Entity (SEMARNAT)

The Mexican Geological Service (SGM), Mining

Development Trust (FIFOMI), and the General Mining

Coordination have granted a 100K USD credit for 1st

stage drilling program inside DON BALO Mining

Concession Project. Drilling program will begin shortly.

Some of these magmatic flows can be found through the area of interest, where clearly we can observe how the limestone has been broken and a different material is in between the limestone layers.

Geomorphology

Stratigraphy

Regional Geology

Soils

This Project has found it’s feasibility according to the existing

infrastructure, location, environmental regulations, labor force

availability, commodities price, sub-products potential.

PROBABLE and ESTIMATED reserves:

GOLD: 12 M oz.

SILVER: 340 M oz.

Over an area of 550 hectare out of the 4776.4053 hectare of Don

Balo and estimation is made up to a depth of 9.80 meters.

Assays and tests have showned that gold can be found in:

A very fine free form

Sulfides

Oxides

Processing the refractory gold will require a combination of heap-

leaching, bio-leaching and flotation to achieve recoveries around

65%

PHASE I 6 MONTHS INVESTMENT/FUNDING COMPLETE REMAINING EXPLORATION WORKS PHASE II 8-10 MONTHS PERMITTING AND DEALS PILOT PLANT DESIGN & OPERATION PHASE III 10-12 MONTHS WORKING CAPITAL, ENGINEERING, CONCRETE/STEEL STRUCTURES MINING PLANT: CRUSHING, GRINDING, CONCENTRATE, BENEFICIATION MINING CAMP FACILITIES, LABORATORY EQUIPMENT/VEHICLES PHASE IV INITIAL BLAST PRODUCTION

DON BALO PROJECT PHASES

SOCIAL BENEFITS

GREEN TECHNOLOGY

ENVIRONMENTAL REMEDIATION REGIONAL/STATE ECONOMY

DON BALO

Negotiate LONG TERM ACCESS and DEALS with

Local Community and 2 particulars

Explosives Permit

Environmental Impact Manifest

ETJ permit regarding minining operation in the area,

which is directly linked to Environmental Impact

Manifest

Don Balo Project is a great business opportunity within

the mining sector.

It is a chance to develop a greener, cleaner and

modern option in mining applying the most advanced

techniques and technology available as well as for the

energy consumption requirements. WE CAN make it

environmentally friendly and a true ROLE MODEL for the

XXIst Century Mining Industry.

Ag & Au Open Pit Mining Project

Grupo Minero ARGORO S.A. de C.V.

Moliere 340-B / 101

Polanco, Miguel Hidalgo

C.P. 11550

México, D.F.

Phone/Fax: +52 (55) 52818756

contact@argoro.com

www.argoro.com

Don balo