Deseado Massif Santa Cruz Gold-Silver Province

Santiago

Lima

LAS CALANDRIAS

SIERRA BLANCALOS CISNES

PERU

CONDOR DE ORO

SOLEDAD

Lima

CHILE

PERU

BOLIVIA

ECUADORCOLOMBIA

BRAZIL

PACIFICOCEAN

ProjectGold DepositsCopper Deposits 300 km

PERU Gold & Copper Deposits

SoledadProject

San Luis

Pierina

Huaraz

Adriana

ANDEAN PRECIOUS

METALS BELT

Other DepositsTown

10 km

Aruntani

Arasi

Las Chancas Las Bambas

CerroVerde

Antamina

Toromocho

Pashpa

YanacochaMinas CongaGalenoMichiquillayShahuindoLa ArenaAlto Chicama

La Granja Cerro CoronaCaariaco

MiradorFruta del Norte

Pierina

CuajoneToquepala

RioBlanco

CONDOR DE ORO

SOLEDAD

Mariana Project Locations in Peru and Argentina

Figure 1: Peru Mariana Project Locations

NBrx 9Brx 1

Brx 8

Brx 3

Brx 5

Brx 6

Brx 2

Pr

Pr

Seqtz

FARO

Brx 7

CIMA BLANCA

Brx 4

500m

Sandstones

Dacitic Welded Ignimbrites

Andesite Lava dome

Porphyritic Dacite

Breccias Qtz +Turm

Breccia Pipes

Soledad Property

Regional Faults

1km2 Mineralisation Extent

Rhyolitic Dike

Holes drilledSDH-03

SDH-02

SDH-05

SDH-07

SDH-04

SDH-06 SDH-09SDH-01

SDH-08SDH-10

Aborted Hole

*SDH-11Results Pending

*SDH-12Results Pending

5m @ 3.9 g/t Au & 13 g/t Ag

96m @ 0.2% Cu, 0.9 g/t Au & 15 g/t Ag

33m @ 1.0% Cu, 3.4 g/t Au & 23 g/t Ag

174m @ 1.2% Cu, 0.7 g/t Au, 114 g/t Ag

5m @ 19 g/t Ag

Breccia 1

DDH-002

SDH-001SDH-009

DDH-005 DDH-010

DDH-011

DDH-003

A

B

DDH-010: 48m @ 2.57% Cu, 0.8 g/t Au, 60 g/t Ag

DDH-003: 61.5m @ 1.82% Cu, 1.9 g/t Au, 146 g/t Ag

DDH-010: 46.5m @ 2.0% Cu, 0.6 g/t Au, 71 g/t Ag

Mariana Resources Hole SDH-00133m @ 1.0% Cu, 3.2 g/t Au, 23 g/t Ag

DDH-011: 15m @ 1.3% Cu, 0.1 g/t Au, 69 g/t Ag

DDH-005: 28.5m @ 1.1% Cu, 5.0 g/t Au, 28 g/t Ag

DDH-002: 33m @ 0.2% Cu, 2.5 g/t Au, 4 g/t Ag

Porphyritic Andesite

Granodiorite

Tourmaline Breccia Pipe

Border of the Breccia Pipe

Principal Structural Control

Drill Hole 2014

Rio Amarillo 1996

10 Metres

Figure 2a: Soledad Drill Plan & Mineralisation Extent

Figure 2b: Soledad Breccia 1 Drill Plan

SDH-01SDH-09

PorphyriticAndesite

South

A BNorth

PorphyriticAndesite

Breccia 1

50m

96m

4350m

4300m

4250m

4150m

100

265

321m

100m 150m 200m

4100m

4050m

200

50m

MineralisedPorphyry ?

?

SDH-09: 66m @ 1.4% Cu, 0.7 g/t Au & 108 g/t Ag

SDH-001: 33m @ 1.0% Cu,3.4 g/t Au & 23 g/t Ag

SDH-09: 29m @ 2.1% Cu,1.8 g/t Au & 301 g/t Ag

SDH-09: 26m @ 2.1% Cu, 0.8 g/t Au & 134 g/t Ag

SDH-09: 174m @ 1.2% Cu, 0.7 g/t Au & 108 g/t Ag

Quartz-tourmaline-sulphide breccia

Massive Chalcopyrite

PorphyriticAndesiteMineralisedPorphyryTourmaline-SulphideBreccia Pipe

25m

SDH-09 Assay Histograms

92m 266mINCREASING DEPTH

Figure 3: Soledad Breccia 1 Section

Breccia 5

4150m

4100m

142.5m

4050m

4000m

AphaniticAndesite

N S

50m 100m 150m

??

?

?

?

MineralizedPorphyry

SDH-07SDH-12

437.35m

3950m

3900m

3850m

3800m

4200m

4250m

Qtz-Sericite-Pyrite Alteration

PotassicAlteration

Qtz-Tourmaline-Sulphide Breccia

Chalcopyrite-rich breccia

Qtz-Tourmaline-Sulphide Breccia

Chalcopyrite veinlets

AphaniticAndesiteGranodioritePorphyryTourmaline-SulphideBreccia Pipe

25m

96m @ 0.2% Cu, 0.9 g/t Au & 15 g/t Ag

Hole SDH-012Results Pending

Rock channel10m @ 1.3 g/t Au & 142 g/t Ag

Figure 4: Soledad Breccia 5 Section