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BARYS RESOURCES LIMITED Capital/Financing Update 2014

Aug 6, 2014

64567_rns_2014-08-06_ef9f2633-9c2a-4039-bc00-06629e4da444.pdf

Capital/Financing Update

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Metallum doubles mineralised footprint at El Roble Project in Chile - confirmed with widespread high-grade results

ASX ANNOUNCEMENT

7 August 2014

Exploration Highlights

  • 60km of Copper-bearing veins now mapped within a 8km x 2.8km corridor

  • 50% of the strike extent of the El Roble vein system remains unexplored due to shallow sand cover

  • New assay highlights include:

  • 2.70m @ 15.71% Cu and 1.04g/t Au

  • 1.60m @ 8.70% Cu and 5.58g/t Au; and

  • Individual samples up to 28.40% Cu and 8.03g/t Au

  • Geophysical techniques being assessed to identify mineralised structures beneath sand cover at El Roble

Perth-based copper developer Metallum Ltd (ASX: MNE) is pleased to announce recent surface mapping and sampling programs recently conducted have extended the high-grade copper and gold mineralisation strike extent at its El Roble project in Chile to 60km, demonstrating the large scale of the project.

Results demonstrate the widespread, high-grade and highly continuous nature of the El Roble vein system. To date, Metallum has mapped and sampled an 8km by 2.8km corridor, identifying numerous, strike continuous copper-bearing veins with grades of up to 28.40% copper. Metallum has mapped more than 60km of copperbearing veins within this corridor, representing approximately 50% of the potential strike of the mineralised vein system.

Metallum Managing Director, Zeff Reeves, said: “Recently our onsite exploration team has mapped and sampled the El Roble vein system over a large area, where the system is exposed above the surrounding sand dunes. The work the team has completed begins to really demonstrate the potential size and continuity of the mineralising system.

“We have combined this mapping and sampling data with the detailed ground magnetics we completed earlier in 2014 and have identified the major structures in this corridor which we believe have the highest potential of hosting copper mineralisation of the types of grades and widths we require for mining.

“The really exciting aspect of this work is that it covers only 50% of the strike extent we have access to, with the other 50% covered by shallow sand dunes. We see some small windows of outcropping mineralisation within the dune field showing that the vein system continues further to the south west, so we are

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investigating some geophysical techniques which may be able to assist in identifying well mineralised areas beneath the sand.”

This exploration adds further potential to the El Roble Project, where Metallum continues to truck copperbearing material from the Panga mine to a nearby toll treatment plant. The Company is awaiting a permit to commence similar mining operations at a second mine, Paraguay. Metallum is focused on achieving growth and shareholder value through the development of near-term, small-scale mining operations at El Roble to enable self-funded growth.

El Roble Mapping and Sampling

Metallum has conducted systematic geological mapping, channel and rock-chip sampling across the El Roble project area in order to assess and identify the numerous copper bearing veins within the project area.

This work was carried out as a follow-up to initial mapping and sampling, aerial photo interpretation and detailed ground magnetics surveying to quantify and qualitatively assess copper mineralisation within the mineralised veins. Exposures of the El Roble vein system occur within the north-east sector of the total project area, with approximately 50% of the entire 16km prospective strike length exposed with the remainder being covered by shallow sand dunes. The area mapped to date covers an exposed corridor of approximately 8km x 2.8km.

Mapping has identified more than 70 individual copper-bearing veins, giving a cumulative prospective strike length of over 60km. Metallum has identified and mapped six major structures continuously over 5km each, which are interpreted to be major controlling faults of the El Roble vein system (Figure 1). Veins are usually outcropping or have been exposed in old mine excavations or where artisanal miners have removed shallow sand cover to expose the mineralisation.

Sampling has highlighted some high grade zones with recent high grade results listed in Table 1.

This work remains ongoing to further delineate veins of sufficient grade and width to be amenable to small scale mining and a number of assays remain outstanding. The Company is committed to execution of its strategy of funding long term growth from small scale production and intends to allocate sufficient resources to further exploration including follow up geophysics and drilling over high priority targets concurrently with its mining activities.

Current Mining Activities

Metallum is currently mining from the Panga Mine and has submitted the required documentation to the Chilean authorities for an additional 5,000 tonne per month* mine licence at the Paraguay Mine. This recent exploration work has identified a number of prospective areas which the Company intends on carrying out further work in order to identify a third area to commence mining and a number of samples from follow up work remain outstanding.

  • It should be noted that the licence to extract up to 5,000 tonnes of copper-bearing rock per month is not a production target as no JORC compliant resources have been defined at the El Roble Project for which a production target can be forecast against.

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Hole ID Prospect **Depth from ** **Depth to ** **Intercept (m) ** **Cu % ** **Auppm ** Type
RCPCH00481 Bella Vista 0.00 1.10 1.10 5.76 0.49 CH
RCPCH00491 Bella Vista 0.00 3.70 3.70 2.20 0.25 CH
RCPCH00392 Descubridora 0.00 2.70 2.70 15.71 1.04 CH
RCPCH00393 Descubridora 0.00 1.60 1.60 8.70 5.58 CH
RCPCH00546 Manto Osso 0.00 2.20 2.20 4.43 0.24 CH
RCPCH00542 REGIONAL 0.00 1.10 1.10 4.31 0.88 CH
RCPCH00428 Bella Vista 7.07 2.94 RKCH
RCPCH00445 Descubridora 4.11 1.49 RKCH
RCPCH00466 REGIONAL 7.25 2.37 RKCH
RCPCH00494 REGIONAL 3.59 0.49 RKCH
RCPCH00495 REGIONAL 5.81 0.41 RKCH
RCPCH00496 REGIONAL 4.84 0.86 RKCH

Table 1 – Significant intercepts from assays reported in this announcement. CH denotes channel sample, RKCH denotes rockchip sample.

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Figure 1- El Roble Project north-east sector showing major copper-bearing veins and recent sample highlights. Grid is 1km x 1km, yellow grade highlights -new results in this announcement, green labels-mines and prospects

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For more information visit the Metallum website at www.metallum.com.au or contact:

Zeffron Reeves Robert Gundelach Managing Director Investor Relations Metallum Limited NWR Communications [email protected] [email protected] P: + 61 8 9322 4328 P: +614 51 896 420

About Metallum Limited

Metallum Limited (ASX: MNE) is an Australian-based company that acquires and develops copper and gold projects around the world with a focus on Chile. The Company has an interest in the highly prospective, high grade El Roble Copper Project in Region III of Chile, targeting IOCG-style copper and gold mineralisation. The Company is focused on achieving growth and shareholder value through the development of near-term, small-scale mining operations at El Roble which will enable self-funded growth into the future. El Roble is ideally located 25km from the port of Caldera and within 80km of two copper toll treatment plants within the world class Atacama IOCG region, which has a history of high-grade copper production.

Metallum Limited also has an interest in the Comval Copper Project in the Philippines, and its Australian-based projects, Boorara and Teutonic, are prospective for gold and base metals.

Metallum Limited has a strong Board and management team with considerable technical, commercial and corporate experience in the resources sector.

For more information visit the Metallum Limited website at www.metallum.com.au

Competent Person’s Statement

The information in this report that relates to Exploration Results is based on information compiled by Mr Zeffron Reeves (B App Sc (Hons) (Applied Geology) MBA, MAIG), a member of the Australian Institute of Geoscientists and is an employee of the Company. Mr Reeves has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Reeves consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

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Appendix 1 Sampling Data

i)Rock Chip Assay

Hole ID Prospect Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00427 Bella Vista MGC04067 1.665 0.079 880 10.65
RCPCH00428 Bella Vista MGC04068 7.07 2.94 550 12.3
RCPCH00429 Bella Vista MGC04069 1.34 0.378 890 44.3
RCPCH00410 Descubridora MGC04037 1.64 0.535 100 11.95
RCPCH00420 Descubridora MGC04051 1.94 0.62 180 14
RCPCH00421 Descubridora MGC04052 0.202 2.57 7380 3.42
RCPCH00444 Descubridora MGC04093 0.75 0.421 40 30.5
RCPCH00445 Descubridora MGC04094 4.11 1.485 280 31.8
RCPCH00446 Descubridora MGC04095 2.85 1.485 250 30.3
RCPCH00447 Descubridora MGC04096 1.7 0.466 60 37.8
RCPCH00448 Descubridora MGC04097 0.586 1.05 1720 6.42
RCPCH00449 Descubridora MGC04098 1.775 0.836 350 22.1
RCPCH00515 Emiliana MGC04272 0.501 0.022 110 5.8
RCPCH00424 Estaca MGC04058 2.2 3.57 380 33.4
RCPCH00425 Estaca MGC04059 2.06 0.853 870 14.35
RCPCH00425 Estaca MGC04060 1.435 0.779 940 25.9
RCPCH00433 Estaca MGC04074 0.419 0.022 130 13.35
RCPCH00453 Manto Osso MGC04111 1.04 1.325 230 8.62
RCPCH00404 Mina Camino MGC04017 0.421 0.379 130 16.4
RCPCH00412 Mina Camino MGC04039 1.045 2.64 260 45.5
RCPCH00412 Mina Camino MGC04040 0.583 0.324 940 19.45
RCPCH00416 Mina Camino MGC04045 1.925 2.97 50 19.7
RCPCH00402 Paraguaya MGC04013 1.02 0.708 210 9.42
RCPCH00403 Paraguaya MGC04014 1.14 0.365 120 13
RCPCH00401 REGIONAL MGC04012 2.55 1.045 110 13.4
RCPCH00438 REGIONAL MGC04084 1.31 0.577 40 12.75
RCPCH00440 REGIONAL MGC04088 1.765 0.508 120 10.9
RCPCH00441 REGIONAL MGC04089 1.16 1.265 130 35.9
RCPCH00442 REGIONAL MGC04090 1.895 0.746 210 22.4
RCPCH00443 REGIONAL MGC04092 2.78 0.383 160 11.15
RCPCH00463 REGIONAL MGC04128 0.479 0.408 320 16.05
RCPCH00464 REGIONAL MGC04129 0.508 0.74 420 20.1
RCPCH00466 REGIONAL MGC04135 7.25 2.37 400 20.9
RCPCH00467 REGIONAL MGC04136 0.459 1.93 370 30.3
RCPCH00468 REGIONAL MGC04137 1.215 0.494 460 34.3
RCPCH00493 REGIONAL MGC04238 1.09 0.285 170 11.85
RCPCH00494 REGIONAL MGC04239 3.59 0.494 370 12.7
RCPCH00495 REGIONAL MGC04240 5.81 0.412 160 11.95
RCPCH00496 REGIONAL MGC04241 4.84 0.855 180 10.65
RCPCH00509 REGIONAL MGC04264 1.83 1.025 430 16.75
RCPCH00512 REGIONAL MGC04267 1.35 0.503 880 12.55

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ii) Channel Assay

Hole ID Prospect **Depth from ** Depth to Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00426 Bella Vista 0 0.5 MGC04065 0.468 0.234 950 29.3
RCPCH00426 Bella Vista 0.5 0.9 MGC04066 0.931 0.346 280 25.1
RCPCH00457 Bella Vista 0 0.9 MGC04118 0.596 0.143 420 8.85
RCPCH00458 Bella Vista 0 0.9 MGC04119 1.205 0.196 290 9.46
RCPCH00459 Bella Vista 0 0.6 MGC04122 1.475 0.779 1010 27.8
RCPCH00459 Bella Vista 0 0.6 MGC04121 0.121 0.044 130 7.49
RCPCH00459 Bella Vista 0.6 1 MGC04123 0.277 0.032 140 23.8
RCPCH00460 Bella Vista 0 0.8 MGC04124 0.745 0.39 480 18.55
RCPCH00461 Bella Vista 0 0.9 MGC04126 0.73 0.323 720 27.4
RCPCH00481 Bella Vista 0 0.6 MGC04186 2.68 0.213 1670 13.9
RCPCH00481 Bella Vista 0.6 1.1 MGC04187 9.46 0.821 9800 17.1
RCPCH00491 Bella Vista 0 1 MGC04231 2.51 0.197 6160 9.6
RCPCH00491 Bella Vista 1 2 MGC04232 1.245 0.121 4850 8.44
RCPCH00491 Bella Vista 2 3 MGC04233 2.94 0.495 2680 9.87
RCPCH00491 Bella Vista 3 3.7 MGC04234 2.06 0.165 2590 10.5
RCPCH00492 Bella Vista 0 1 MGC04235 0.619 0.059 2140 10.8
RCPCH00492 Bella Vista 1 2 MGC04236 0.583 0.075 590 6.54
RCPCH00492 Bella Vista 2 3 MGC04237 0.513 0.132 960 7.27
RCPCH00394 Candelaria 0 1 MGC03975 1.54 0.159 200 29.6
RCPCH00382 Descubridora 0 1 MGC03923 0.06 0.025 130 4.83
RCPCH00382 Descubridora 1 2 MGC03924 0.269 0.966 400 16.5
RCPCH00382 Descubridora 2 3 MGC03925 0.39 0.012 290 6.87
RCPCH00392 Descubridora 0 1 MGC03970 22.1 1.07 400 14.85
RCPCH00392 Descubridora 1 1.9 MGC03971 0.432 0.34 1320 1.97
RCPCH00392 Descubridora 1.9 2.7 MGC03972 24.9 1.8 530 14.55
RCPCH00393 Descubridora 0 1 MGC03973 1.255 8.03 300 43
RCPCH00393 Descubridora 1 1.6 MGC03974 21.1 1.495 980 7.95
RCPCH00411 Descubridora 0 0.6 MGC04038 2.79 1.115 120 9.54
RCPCH00418 Descubridora 0 1 MGC04048 0.09 0.735 180 41.1
RCPCH00419 Descubridora 0 0.5 MGC04049 0.055 0.084 60 28.1
RCPCH00419 Descubridora 0.5 0.9 MGC04050 0.045 0.08 40 20.3
RCPCH00450 Descubridora 0 0.7 MGC04099 0.647 0.119 110 8.51
RCPCH00451 Descubridora 0 0.4 MGC04103 0.188 0.053 220 13
RCPCH00451 Descubridora 0.4 1.1 MGC04104 0.931 0.11 250 2.65
RCPCH00516 Emiliana 0 0.9 MGC04273 0.671 0.035 90 3.32
RCPCH00516 Emiliana 0.9 1.7 MGC04274 1.43 0.315 190 13.45
RCPCH00517 Emiliana 0 0.7 MGC04275 0.707 1.755 30 18.65
RCPCH00422 Estaca 0 0.6 MGC04056 3.55 1.905 170 20.8
RCPCH00423 Estaca 0 0.7 MGC04057 1.615 2.5 960 34.5
RCPCH00430 Estaca 0 0.7 MGC04070 1.15 0.115 110 12.8
RCPCH00430 Estaca 0.7 1.15 MGC04071 3.28 0.313 1150 14.2
RCPCH00431 Estaca 0 0.9 MGC04072 1.815 1.175 610 21.4
RCPCH00432 Estaca 0 1 MGC04073 0.967 0.04 60 2.55
RCPCH00434 Estaca 0 1 MGC04075 0.596 0.612 390 10.4
RCPCH00434 Estaca 1 1.8 MGC04076 0.938 1.47 410 9.73
RCPCH00435 Estaca 0 1.4 MGC04077 1.53 0.152 280 10.2
RCPCH00454 Manto Osso 0 1 MGC04112 1.265 0.195 10 9.71
RCPCH00455 Manto Osso 0 0.9 MGC04113 0.734 1.08 250 13.95
RCPCH00456 Manto Osso 0 1.1 MGC04114 0.946 0.127 20 11.35

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Hole ID Prospect **Depth from ** Depth to Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00524 Manto Osso 0 0.3 MGC04298 2.3 0.747 400 9.63
RCPCH00524 Manto Osso 0.3 0.6 MGC04299 0.405 0.027 110 10.5
RCPCH00546 Manto Osso 0 1 MGC04373 1.435 0.164 1020 8.08
RCPCH00546 Manto Osso 1 1.6 MGC04374 1.585 0.355 2200 4.26
RCPCH00546 Manto Osso 1.6 2.2 MGC04375 12.25 0.234 460 8.24
RCPCH00546 Manto Osso 2.2 3.2 MGC04376 0.897 0.111 150 7.63
RCPCH00548 Manto Osso 0 1 MGC04380 0.059 0.029 30 4.64
RCPCH00548 Manto Osso 1 1.5 MGC04381 1.515 0.582 140 13.35
RCPCH00548 Manto Osso 1.5 2.5 MGC04382 0.725 0.096 70 6.43
RCPCH00549 Manto Osso 0 0.5 MGC04383 0.391 0.062 50 4.38
RCPCH00549 Manto Osso 0.5 0.6 MGC04384 0.512 0.423 10 12.05
RCPCH00549 Manto Osso 0.6 1.6 MGC04385 0.058 0.077 30 5.98
RCPCH00383 Mina Camino 0 0.7 MGC03926 0.019 0.012 30 3.98
RCPCH00383 Mina Camino 0.7 1.2 MGC03927 0.322 0.318 250 8.55
RCPCH00383 Mina Camino 1.2 1.8 MGC03928 0.1 0.011 70 2.94
RCPCH00383 Mina Camino 1.8 2.3 MGC03929 0.232 0.132 230 4.09
RCPCH00383 Mina Camino 2.3 3 MGC03930 0.092 0.185 20 4.19
RCPCH00384 Mina Camino 0 0.8 MGC03931 1.24 0.074 470 2.65
RCPCH00384 Mina Camino 0.8 1.3 MGC03932 0.173 0.024 270 2.6
RCPCH00384 Mina Camino 1.3 2.3 MGC03933 0.625 0.971 400 36.2
Hole ID Prospect **Depth from ** Depth to Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00384 Mina Camino 1.3 2.3 MGC03934 0.001 0.0025 5 0.46
RCPCH00384 Mina Camino 2.3 3.1 MGC03935 0.349 1.055 430 29.4
RCPCH00384 Mina Camino 3.1 3.6 MGC03936 0.136 0.175 60 9.04
RCPCH00385 Mina Camino 0 0.6 MGC03937 0.516 0.097 70 6.59
RCPCH00385 Mina Camino 0.6 1.4 MGC03938 0.131 0.085 40 3.63
RCPCH00385 Mina Camino 1.4 2.2 MGC03939 0.165 0.256 20 7.87
RCPCH00385 Mina Camino 2.2 2.7 MGC03940 0.362 0.076 60 7.71
RCPCH00385 Mina Camino 2.7 3.5 MGC03941 0.099 0.076 20 4.45
RCPCH00385 Mina Camino 3.5 4.5 MGC03942 0.169 0.056 20 4.61
RCPCH00385 Mina Camino 4.5 5.5 MGC03943 1.395 0.198 100 8.52
RCPCH00385 Mina Camino 5.5 6.5 MGC03944 0.269 0.136 10 7.1
RCPCH00405 Mina Camino 0 0.6 MGC04021 1.66 0.011 20 5.2
RCPCH00405 Mina Camino 0 0.6 MGC04020 0.002 0.0025 5 0.43
RCPCH00405 Mina Camino 0.6 1.6 MGC04022 1.52 0.522 260 16.9
RCPCH00406 Mina Camino 0 0.7 MGC04023 0.829 0.11 350 3.57
RCPCH00406 Mina Camino 0.7 1.1 MGC04024 0.788 0.172 100 14.5
RCPCH00406 Mina Camino 1.1 1.7 MGC04025 0.093 0.791 20 5.72
RCPCH00407 Mina Camino 0 0.6 MGC04026 0.619 0.152 40 4.25
RCPCH00407 Mina Camino 0.6 1.3 MGC04027 0.272 0.364 120 12.35
RCPCH00407 Mina Camino 1.3 1.8 MGC04028 0.301 0.08 50 4.22
RCPCH00407 Mina Camino 1.8 2.1 MGC04029 1.27 0.192 280 18.95
RCPCH00407 Mina Camino 2.1 2.5 MGC04030 5.91 0.65 950 1.98
RCPCH00407 Mina Camino 2.5 3.5 MGC04031 0.123 0.018 40 2.51
RCPCH00408 Mina Camino 0 1 MGC04032 0.783 2.84 140 28.1
RCPCH00408 Mina Camino 1 1.7 MGC04033 2.42 1.36 1150 5.79
RCPCH00409 Mina Camino 0 0.2 MGC04034 1.4 0.597 120 6.87
RCPCH00409 Mina Camino 0.2 1 MGC04035 1.945 1.9 300 12.1
RCPCH00413 Mina Camino 0 1 MGC04041 2.07 1.615 170 15.55

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Hole ID Prospect **Depth from ** Depth to Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00524 Manto Osso 0 0.3 MGC04298 2.3 0.747 400 9.63
RCPCH00524 Manto Osso 0.3 0.6 MGC04299 0.405 0.027 110 10.5
RCPCH00546 Manto Osso 0 1 MGC04373 1.435 0.164 1020 8.08
RCPCH00546 Manto Osso 1 1.6 MGC04374 1.585 0.355 2200 4.26
RCPCH00546 Manto Osso 1.6 2.2 MGC04375 12.25 0.234 460 8.24
RCPCH00546 Manto Osso 2.2 3.2 MGC04376 0.897 0.111 150 7.63
RCPCH00548 Manto Osso 0 1 MGC04380 0.059 0.029 30 4.64
RCPCH00548 Manto Osso 1 1.5 MGC04381 1.515 0.582 140 13.35
RCPCH00548 Manto Osso 1.5 2.5 MGC04382 0.725 0.096 70 6.43
RCPCH00549 Manto Osso 0 0.5 MGC04383 0.391 0.062 50 4.38
RCPCH00549 Manto Osso 0.5 0.6 MGC04384 0.512 0.423 10 12.05
RCPCH00549 Manto Osso 0.6 1.6 MGC04385 0.058 0.077 30 5.98
RCPCH00383 Mina Camino 0 0.7 MGC03926 0.019 0.012 30 3.98
RCPCH00383 Mina Camino 0.7 1.2 MGC03927 0.322 0.318 250 8.55
RCPCH00383 Mina Camino 1.2 1.8 MGC03928 0.1 0.011 70 2.94
RCPCH00383 Mina Camino 1.8 2.3 MGC03929 0.232 0.132 230 4.09
RCPCH00383 Mina Camino 2.3 3 MGC03930 0.092 0.185 20 4.19
RCPCH00384 Mina Camino 0 0.8 MGC03931 1.24 0.074 470 2.65
RCPCH00384 Mina Camino 0.8 1.3 MGC03932 0.173 0.024 270 2.6
RCPCH00384 Mina Camino 1.3 2.3 MGC03933 0.625 0.971 400 36.2
RCPCH00384 Mina Camino 1.3 2.3 MGC03934 0.001 0.0025 5 0.46
RCPCH00384 Mina Camino 2.3 3.1 MGC03935 0.349 1.055 430 29.4
RCPCH00384 Mina Camino 3.1 3.6 MGC03936 0.136 0.175 60 9.04
RCPCH00385 Mina Camino 0 0.6 MGC03937 0.516 0.097 70 6.59
RCPCH00385 Mina Camino 0.6 1.4 MGC03938 0.131 0.085 40 3.63
RCPCH00385 Mina Camino 1.4 2.2 MGC03939 0.165 0.256 20 7.87
RCPCH00385 Mina Camino 2.2 2.7 MGC03940 0.362 0.076 60 7.71
RCPCH00385 Mina Camino 2.7 3.5 MGC03941 0.099 0.076 20 4.45
RCPCH00385 Mina Camino 3.5 4.5 MGC03942 0.169 0.056 20 4.61
RCPCH00385 Mina Camino 4.5 5.5 MGC03943 1.395 0.198 100 8.52
RCPCH00385 Mina Camino 5.5 6.5 MGC03944 0.269 0.136 10 7.1
RCPCH00405 Mina Camino 0 0.6 MGC04021 1.66 0.011 20 5.2
RCPCH00405 Mina Camino 0 0.6 MGC04020 0.002 0.0025 5 0.43
RCPCH00405 Mina Camino 0.6 1.6 MGC04022 1.52 0.522 260 16.9
RCPCH00406 Mina Camino 0 0.7 MGC04023 0.829 0.11 350 3.57
RCPCH00406 Mina Camino 0.7 1.1 MGC04024 0.788 0.172 100 14.5
RCPCH00406 Mina Camino 1.1 1.7 MGC04025 0.093 0.791 20 5.72
RCPCH00407 Mina Camino 0 0.6 MGC04026 0.619 0.152 40 4.25
RCPCH00407 Mina Camino 0.6 1.3 MGC04027 0.272 0.364 120 12.35
RCPCH00407 Mina Camino 1.3 1.8 MGC04028 0.301 0.08 50 4.22
RCPCH00407 Mina Camino 1.8 2.1 MGC04029 1.27 0.192 280 18.95
RCPCH00407 Mina Camino 2.1 2.5 MGC04030 5.91 0.65 950 1.98
RCPCH00407 Mina Camino 2.5 3.5 MGC04031 0.123 0.018 40 2.51
RCPCH00408 Mina Camino 0 1 MGC04032 0.783 2.84 140 28.1
RCPCH00408 Mina Camino 1 1.7 MGC04033 2.42 1.36 1150 5.79
RCPCH00409 Mina Camino 0 0.2 MGC04034 1.4 0.597 120 6.87
RCPCH00409 Mina Camino 0.2 1 MGC04035 1.945 1.9 300 12.1
RCPCH00413 Mina Camino 0 1 MGC04041 2.07 1.615 170 15.55
RCPCH00414 Mina Camino 0 0.8 MGC04042 2.69 1.065 180 4.24

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Hole ID Prospect **Depth from ** Depth to Sample ID Cu % **Auppm ** Coppm Fe %
RCPCH00524 Manto Osso 0 0.3 MGC04298 2.3 0.747 400 9.63
RCPCH00524 Manto Osso 0.3 0.6 MGC04299 0.405 0.027 110 10.5
RCPCH00546 Manto Osso 0 1 MGC04373 1.435 0.164 1020 8.08
RCPCH00546 Manto Osso 1 1.6 MGC04374 1.585 0.355 2200 4.26
RCPCH00546 Manto Osso 1.6 2.2 MGC04375 12.25 0.234 460 8.24
RCPCH00546 Manto Osso 2.2 3.2 MGC04376 0.897 0.111 150 7.63
RCPCH00548 Manto Osso 0 1 MGC04380 0.059 0.029 30 4.64
RCPCH00548 Manto Osso 1 1.5 MGC04381 1.515 0.582 140 13.35
RCPCH00548 Manto Osso 1.5 2.5 MGC04382 0.725 0.096 70 6.43
RCPCH00549 Manto Osso 0 0.5 MGC04383 0.391 0.062 50 4.38
RCPCH00549 Manto Osso 0.5 0.6 MGC04384 0.512 0.423 10 12.05
RCPCH00549 Manto Osso 0.6 1.6 MGC04385 0.058 0.077 30 5.98
RCPCH00383 Mina Camino 0 0.7 MGC03926 0.019 0.012 30 3.98
RCPCH00383 Mina Camino 0.7 1.2 MGC03927 0.322 0.318 250 8.55
RCPCH00383 Mina Camino 1.2 1.8 MGC03928 0.1 0.011 70 2.94
RCPCH00383 Mina Camino 1.8 2.3 MGC03929 0.232 0.132 230 4.09
RCPCH00383 Mina Camino 2.3 3 MGC03930 0.092 0.185 20 4.19
RCPCH00384 Mina Camino 0 0.8 MGC03931 1.24 0.074 470 2.65
RCPCH00384 Mina Camino 0.8 1.3 MGC03932 0.173 0.024 270 2.6
RCPCH00384 Mina Camino 1.3 2.3 MGC03933 0.625 0.971 400 36.2
RCPCH00384 Mina Camino 1.3 2.3 MGC03934 0.001 0.0025 5 0.46
RCPCH00384 Mina Camino 2.3 3.1 MGC03935 0.349 1.055 430 29.4
RCPCH00384 Mina Camino 3.1 3.6 MGC03936 0.136 0.175 60 9.04
RCPCH00385 Mina Camino 0 0.6 MGC03937 0.516 0.097 70 6.59
RCPCH00385 Mina Camino 0.6 1.4 MGC03938 0.131 0.085 40 3.63
RCPCH00385 Mina Camino 1.4 2.2 MGC03939 0.165 0.256 20 7.87
RCPCH00385 Mina Camino 2.2 2.7 MGC03940 0.362 0.076 60 7.71
RCPCH00385 Mina Camino 2.7 3.5 MGC03941 0.099 0.076 20 4.45
RCPCH00385 Mina Camino 3.5 4.5 MGC03942 0.169 0.056 20 4.61
RCPCH00385 Mina Camino 4.5 5.5 MGC03943 1.395 0.198 100 8.52
RCPCH00385 Mina Camino 5.5 6.5 MGC03944 0.269 0.136 10 7.1
RCPCH00405 Mina Camino 0 0.6 MGC04021 1.66 0.011 20 5.2
RCPCH00405 Mina Camino 0 0.6 MGC04020 0.002 0.0025 5 0.43
RCPCH00405 Mina Camino 0.6 1.6 MGC04022 1.52 0.522 260 16.9
RCPCH00406 Mina Camino 0 0.7 MGC04023 0.829 0.11 350 3.57
RCPCH00406 Mina Camino 0.7 1.1 MGC04024 0.788 0.172 100 14.5
RCPCH00406 Mina Camino 1.1 1.7 MGC04025 0.093 0.791 20 5.72
RCPCH00407 Mina Camino 0 0.6 MGC04026 0.619 0.152 40 4.25
RCPCH00407 Mina Camino 0.6 1.3 MGC04027 0.272 0.364 120 12.35
RCPCH00407 Mina Camino 1.3 1.8 MGC04028 0.301 0.08 50 4.22
RCPCH00407 Mina Camino 1.8 2.1 MGC04029 1.27 0.192 280 18.95
RCPCH00407 Mina Camino 2.1 2.5 MGC04030 5.91 0.65 950 1.98
RCPCH00407 Mina Camino 2.5 3.5 MGC04031 0.123 0.018 40 2.51
RCPCH00408 Mina Camino 0 1 MGC04032 0.783 2.84 140 28.1
RCPCH00408 Mina Camino 1 1.7 MGC04033 2.42 1.36 1150 5.79
RCPCH00409 Mina Camino 0 0.2 MGC04034 1.4 0.597 120 6.87
RCPCH00409 Mina Camino 0.2 1 MGC04035 1.945 1.9 300 12.1
RCPCH00413 Mina Camino 0 1 MGC04041 2.07 1.615 170 15.55
RCPCH00414 Mina Camino 0 0.8 MGC04042 2.69 1.065 180 4.24

10

Hole ID Prospect **Depth from ** Depth to Sample ID Cu % Auppm Coppm Fe %
RCPCH00524 Manto Osso 0.00 0.30 MGC04298 2.30 0.75 400.00 9.63
RCPCH00524 Manto Osso 0.30 0.60 MGC04299 0.41 0.03 110.00 10.50
RCPCH00546 Manto Osso 0.00 1.00 MGC04373 1.44 0.16 1020.00 8.08
RCPCH00546 Manto Osso 1.00 1.60 MGC04374 1.59 0.36 2200.00 4.26
RCPCH00546 Manto Osso 1.60 2.20 MGC04375 12.25 0.23 460.00 8.24
RCPCH00546 Manto Osso 2.20 3.20 MGC04376 0.90 0.11 150.00 7.63
RCPCH00548 Manto Osso 0.00 1.00 MGC04380 0.06 0.03 30.00 4.64
RCPCH00548 Manto Osso 1.00 1.50 MGC04381 1.52 0.58 140.00 13.35
RCPCH00548 Manto Osso 1.50 2.50 MGC04382 0.73 0.10 70.00 6.43
RCPCH00549 Manto Osso 0.00 0.50 MGC04383 0.39 0.06 50.00 4.38
RCPCH00549 Manto Osso 0.50 0.60 MGC04384 0.51 0.42 10.00 12.05
RCPCH00549 Manto Osso 0.60 1.60 MGC04385 0.06 0.08 30.00 5.98
RCPCH00383 Mina Camino 0.00 0.70 MGC03926 0.02 0.01 30.00 3.98
RCPCH00383 Mina Camino 0.70 1.20 MGC03927 0.32 0.32 250.00 8.55
RCPCH00383 Mina Camino 1.20 1.80 MGC03928 0.10 0.01 70.00 2.94
RCPCH00383 Mina Camino 1.80 2.30 MGC03929 0.23 0.13 230.00 4.09
RCPCH00383 Mina Camino 2.30 3.00 MGC03930 0.09 0.19 20.00 4.19
RCPCH00384 Mina Camino 0.00 0.80 MGC03931 1.24 0.07 470.00 2.65
RCPCH00384 Mina Camino 0.80 1.30 MGC03932 0.17 0.02 270.00 2.60
RCPCH00384 Mina Camino 1.30 2.30 MGC03933 0.63 0.97 400.00 36.20
RCPCH00384 Mina Camino 1.30 2.30 MGC03934 0.00 0.00 5.00 0.46
RCPCH00384 Mina Camino 2.30 3.10 MGC03935 0.35 1.06 430.00 29.40
RCPCH00384 Mina Camino 3.10 3.60 MGC03936 0.14 0.18 60.00 9.04
RCPCH00385 Mina Camino 0.00 0.60 MGC03937 0.52 0.10 70.00 6.59
RCPCH00385 Mina Camino 0.60 1.40 MGC03938 0.13 0.09 40.00 3.63
RCPCH00385 Mina Camino 1.40 2.20 MGC03939 0.17 0.26 20.00 7.87
RCPCH00385 Mina Camino 2.20 2.70 MGC03940 0.36 0.08 60.00 7.71
RCPCH00385 Mina Camino 2.70 3.50 MGC03941 0.10 0.08 20.00 4.45
RCPCH00385 Mina Camino 3.50 4.50 MGC03942 0.17 0.06 20.00 4.61
RCPCH00385 Mina Camino 4.50 5.50 MGC03943 1.40 0.20 100.00 8.52
RCPCH00385 Mina Camino 5.50 6.50 MGC03944 0.27 0.14 10.00 7.10
RCPCH00405 Mina Camino 0.00 0.60 MGC04021 1.66 0.01 20.00 5.20
RCPCH00405 Mina Camino 0.00 0.60 MGC04020 0.00 0.00 5.00 0.43
RCPCH00405 Mina Camino 0.60 1.60 MGC04022 1.52 0.52 260.00 16.90
RCPCH00406 Mina Camino 0.00 0.70 MGC04023 0.83 0.11 350.00 3.57
RCPCH00406 Mina Camino 0.70 1.10 MGC04024 0.79 0.17 100.00 14.50
RCPCH00406 Mina Camino 1.10 1.70 MGC04025 0.09 0.79 20.00 5.72
RCPCH00407 Mina Camino 0.00 0.60 MGC04026 0.62 0.15 40.00 4.25
RCPCH00407 Mina Camino 0.60 1.30 MGC04027 0.27 0.36 120.00 12.35
RCPCH00407 Mina Camino 1.30 1.80 MGC04028 0.30 0.08 50.00 4.22
RCPCH00407 Mina Camino 1.80 2.10 MGC04029 1.27 0.19 280.00 18.95
RCPCH00407 Mina Camino 2.10 2.50 MGC04030 5.91 0.65 950.00 1.98
RCPCH00407 Mina Camino 2.50 3.50 MGC04031 0.12 0.02 40.00 2.51
RCPCH00408 Mina Camino 0.00 1.00 MGC04032 0.78 2.84 140.00 28.10
RCPCH00408 Mina Camino 1.00 1.70 MGC04033 2.42 1.36 1150.00 5.79
RCPCH00409 Mina Camino 0.00 0.20 MGC04034 1.40 0.60 120.00 6.87
RCPCH00409 Mina Camino 0.20 1.00 MGC04035 1.95 1.90 300.00 12.10
RCPCH00413 Mina Camino 0.00 1.00 MGC04041 2.07 1.62 170.00 15.55
RCPCH00414 Mina Camino 0.00 0.80 MGC04042 2.69 1.07 180.00 4.24

11

Hole ID Prospect **Depth from ** Depth to Sample ID Cu % Auppm Coppm Fe %
RCPCH00415 Mina Camino 0.00 0.80 MGC04043 1.12 0.49 100.00 24.00
RCPCH00417 Mina Camino 0.00 0.60 MGC04047 1.05 2.04 20.00 12.85
RCPCH00526 Mina Camino 0.00 0.30 MGC04303 0.16 0.03 120.00 5.30
RCPCH00526 Mina Camino 0.30 0.90 MGC04304 0.23 0.16 140.00 23.50
RCPCH00526 Mina Camino 0.90 2.00 MGC04305 0.36 0.65 240.00 26.80
RCPCH00526 Mina Camino 2.00 2.20 MGC04306 0.20 0.11 60.00 6.09
RCPCH00400 Paraguaya 0.00 0.60 MGC04011 1.37 0.79 140.00 12.40
RCPCH00437 REGIONAL 0.00 0.50 MGC04081 1.14 0.40 10.00 7.47
RCPCH00437 REGIONAL 0.00 0.50 MGC04082 0.59 0.30 980.00 20.40
RCPCH00439 REGIONAL 0.00 0.80 MGC04085 1.20 0.18 120.00 10.30
RCPCH00439 REGIONAL 0.80 1.40 MGC04086 1.09 0.16 300.00 2.94
RCPCH00439 REGIONAL 1.40 2.30 MGC04087 0.98 0.10 310.00 1.92
RCPCH00469 REGIONAL 0.00 0.70 MGC04138 1.19 1.53 350.00 33.20
RCPCH00470 REGIONAL 0.00 0.80 MGC04139 1.65 0.63 240.00 33.60
RCPCH00507 REGIONAL 0.00 0.80 MGC04259 0.08 0.05 80.00 2.12
RCPCH00507 REGIONAL 0.80 1.20 MGC04260 2.48 0.12 930.00 4.02
RCPCH00507 REGIONAL 1.20 1.50 MGC04261 0.30 0.44 50.00 7.13
RCPCH00507 REGIONAL 1.50 1.90 MGC04262 0.86 2.53 140.00 15.25
RCPCH00508 REGIONAL 0.00 0.60 MGC04263 2.16 1.04 680.00 25.10
RCPCH00510 REGIONAL 0.00 1.10 MGC04265 0.55 0.08 70.00 15.45
RCPCH00511 REGIONAL 0.00 0.30 MGC04266 1.20 0.32 200.00 16.90
RCPCH00513 REGIONAL 0.00 1.10 MGC04268 0.17 0.04 300.00 10.70
RCPCH00514 REGIONAL 0.00 0.50 MGC04269 0.36 0.31 30.00 12.15
RCPCH00514 REGIONAL 0.50 1.50 MGC04270 1.02 0.18 580.00 29.30
RCPCH00525 REGIONAL 0.00 0.70 MGC04300 0.10 0.06 220.00 5.38
RCPCH00525 REGIONAL 0.70 1.50 MGC04301 0.14 0.87 1440.00 24.50
RCPCH00525 REGIONAL 1.50 2.20 MGC04302 0.08 0.02 380.00 4.32
RCPCH00532 REGIONAL 0.00 1.00 MGC04319 0.43 0.08 60.00 5.58
RCPCH00532 REGIONAL 1.00 1.50 MGC04320 2.01 0.28 450.00 8.79
RCPCH00532 REGIONAL 1.50 2.50 MGC04321 0.02 0.01 30.00 4.34
RCPCH00533 REGIONAL 0.00 1.00 MGC04322 0.02 0.01 20.00 4.96
RCPCH00533 REGIONAL 1.00 1.15 MGC04323 3.15 0.58 110.00 16.60
RCPCH00533 REGIONAL 1.15 2.15 MGC04324 0.28 0.02 20.00 4.57
RCPCH00534 REGIONAL 0.00 1.00 MGC04325 0.60 0.06 30.00 5.58
RCPCH00534 REGIONAL 1.00 1.80 MGC04326 0.08 0.04 50.00 6.45
RCPCH00534 REGIONAL 1.80 2.80 MGC04327 0.11 0.03 40.00 4.90
RCPCH00536 REGIONAL 0.00 1.00 MGC04332 0.10 0.04 70.00 5.91
RCPCH00536 REGIONAL 1.00 1.15 MGC04333 2.44 0.50 400.00 6.12
RCPCH00536 REGIONAL 1.15 2.15 MGC04334 0.02 0.01 30.00 4.49
RCPCH00537 REGIONAL 0.00 0.70 MGC04335 0.02 0.03 10.00 3.81
RCPCH00537 REGIONAL 0.70 1.20 MGC04336 0.69 0.26 40.00 28.80
RCPCH00537 REGIONAL 1.20 2.20 MGC04337 0.12 0.40 40.00 7.38
RCPCH00537 REGIONAL 2.20 3.00 MGC04338 0.98 0.24 70.00 18.85
RCPCH00537 REGIONAL 3.00 4.00 MGC04339 0.04 0.03 10.00 3.26
RCPCH00538 REGIONAL 0.00 0.20 MGC04340 0.45 0.12 10.00 3.99
RCPCH00538 REGIONAL 0.20 0.70 MGC04341 1.48 1.12 90.00 12.05
RCPCH00538 REGIONAL 0.70 1.40 MGC04342 1.95 0.34 120.00 3.55
RCPCH00539 REGIONAL 0.00 1.00 MGC04343 0.35 0.12 50.00 6.10
RCPCH00539 REGIONAL 1.00 1.20 MGC04344 19.30 2.16 270.00 13.10

12

Hole ID Prospect **Depth from ** Depth to Sample ID Cu % Auppm Coppm Fe %
RCPCH00539 REGIONAL 1.20 1.70 MGC04345 0.29 0.04 70.00 4.44
RCPCH00539 REGIONAL 1.70 1.80 MGC04346 7.22 2.63 320.00 20.70
RCPCH00539 REGIONAL 1.80 2.80 MGC04347 0.18 0.03 30.00 4.99
RCPCH00540 REGIONAL 0.00 1.00 MGC04348 0.02 0.05 20.00 4.55
RCPCH00540 REGIONAL 1.00 1.50 MGC04349 0.57 0.09 80.00 8.82
RCPCH00540 REGIONAL 1.50 2.50 MGC04350 0.02 0.01 20.00 4.23
RCPCH00541 REGIONAL 0.00 1.00 MGC04351 0.57 0.30 940.00 19.50
RCPCH00541 REGIONAL 0.00 1.00 MGC04352 0.02 0.04 20.00 7.00
RCPCH00541 REGIONAL 1.00 1.20 MGC04353 0.17 0.10 30.00 5.74
RCPCH00541 REGIONAL 1.20 2.20 MGC04354 0.01 0.01 20.00 4.37
RCPCH00542 REGIONAL 0.00 1.00 MGC04355 0.19 0.16 40.00 5.16
RCPCH00542 REGIONAL 1.00 1.15 MGC04356 28.40 5.10 400.00 12.05
RCPCH00542 REGIONAL 1.15 1.40 MGC04357 0.60 0.07 50.00 5.93
RCPCH00542 REGIONAL 1.40 2.00 MGC04358 0.08 0.13 20.00 4.32
RCPCH00542 REGIONAL 2.00 2.10 MGC04359 2.88 1.10 160.00 12.30
RCPCH00542 REGIONAL 2.10 3.10 MGC04360 0.06 0.03 20.00 4.74
RCPCH00543 REGIONAL 0.00 1.00 MGC04361 0.48 0.08 20.00 3.77
RCPCH00543 REGIONAL 1.00 1.50 MGC04362 0.13 0.09 5.00 5.93
RCPCH00543 REGIONAL 1.50 2.00 MGC04363 0.16 0.17 20.00 27.00
RCPCH00543 REGIONAL 2.00 2.60 MGC04364 0.61 0.23 20.00 4.43
RCPCH00544 REGIONAL 0.00 0.60 MGC04365 0.27 0.05 30.00 4.66
RCPCH00544 REGIONAL 0.60 1.30 MGC04366 0.81 0.25 40.00 7.75
RCPCH00544 REGIONAL 1.30 2.40 MGC04367 0.37 0.07 60.00 6.27
RCPCH00544 REGIONAL 2.40 3.60 MGC04368 0.85 0.40 70.00 5.98
RCPCH00544 REGIONAL 3.60 4.20 MGC04369 0.13 0.05 30.00 5.07
RCPCH00545 REGIONAL 0.00 0.50 MGC04370 1.68 0.73 200.00 5.91
RCPCH00545 REGIONAL 0.00 0.50 MGC04371 1.02 0.58 790.00 18.70
RCPCH00545 REGIONAL 0.50 1.50 MGC04372 0.02 0.01 20.00 3.79
RCPCH00518 Ruben 0.00 0.20 MGC04276 0.42 0.06 30.00 9.25
RCPCH00518 Ruben 0.20 0.90 MGC04277 0.88 0.62 110.00 34.40
RCPCH00519 Ruben 0.00 0.25 MGC04278 2.77 2.88 290.00 14.85
RCPCH00519 Ruben 0.25 1.05 MGC04279 0.13 0.02 30.00 7.42
RCPCH00519 Ruben 1.05 1.75 MGC04280 5.15 0.48 1130.00 12.45
RCPCH00520 Ruben 0.00 0.90 MGC04281 0.48 0.05 20.00 4.98
RCPCH00521 Ruben 0.00 0.45 MGC04282 0.14 0.11 240.00 32.60
RCPCH00521 Ruben 0.45 0.90 MGC04283 0.16 0.26 400.00 31.80
RCPCH00521 Ruben 0.90 1.30 MGC04284 0.38 0.12 580.00 11.50
RCPCH00529 Ruben 0.00 0.35 MGC04311 0.85 0.03 300.00 11.95
RCPCH00529 Ruben 0.35 0.80 MGC04312 1.64 0.39 1010.00 24.30
RCPCH00529 Ruben 0.80 1.40 MGC04313 0.28 0.01 130.00 4.47
RCPCH00530 Ruben 0.00 0.30 MGC04314 3.21 0.33 720.00 12.55
RCPCH00530 Ruben 0.30 0.90 MGC04315 0.80 0.30 120.00 22.40
RCPCH00530 Ruben 0.90 1.60 MGC04316 0.37 0.60 10.00 25.00
RCPCH00531 Ruben 0.00 0.60 MGC04317 0.35 0.16 380.00 6.28
RCPCH00531 Ruben 0.60 1.30 MGC04318 0.16 0.05 20.00 5.33
RCPCH00522 Viuda 0.00 0.60 MGC04285 2.19 0.92 670.00 27.50
RCPCH00523 Viuda 0.00 0.20 MGC04286 6.11 0.63 910.00 13.45
RCPCH00523 Viuda 0.20 0.50 MGC04287 0.41 0.07 430.00 8.61

iii)Sample Location Data

13

hole_id **psad56_northing ** **psad56_easting ** **psad56_rl ** max_depth
RCPCH00382 7008286.00 343879.00 885.00 3.00
RCPCH00383 7009416.00 345578.00 1105.00 3.00
RCPCH00384 7009414.00 345614.00 1112.00 3.60
RCPCH00385 7009416.00 345632.00 1122.00 6.50
RCPCH00386 7010698.00 346215.50 932.50 2.40
RCPCH00387 7010693.50 346209.50 931.25 2.30
RCPCH00388 7010688.50 346203.75 930.00 3.50
RCPCH00389 7010684.00 346198.00 929.00 2.20
RCPCH00390 7010679.00 346192.50 927.75 2.20
RCPCH00391 7011014.75 346535.17 938.78 2.40
RCPCH00392 7008292.60 343755.50 849.64 2.70
RCPCH00393 7008282.80 343750.00 852.04 1.60
RCPCH00394 7022317.00 356255.00 1062.00 1.00
RCPCH00395 7011021.44 346542.83 938.75 3.10
RCPCH00396 7011021.56 346546.26 938.87 2.40
RCPCH00397 7011023.00 346547.30 939.18 2.60
RCPCH00398 7011024.34 346548.84 938.76 2.40
RCPCH00399 7011025.55 346550.52 938.76 2.20
RCPCH00400 7010009.00 345439.00 1029.00 0.60
RCPCH00401 7010017.00 345470.00 1029.00 0.30
RCPCH00402 7010017.00 345470.00 1029.00 0.40
RCPCH00403 7009991.00 345360.00 1042.00 0.50
RCPCH00404 7009669.00 345836.00 1090.00 0.40
RCPCH00405 7009424.00 345717.00 1141.00 1.60
RCPCH00406 7009420.00 345683.00 1139.00 1.70
RCPCH00407 7009422.00 345660.00 1127.00 3.50
RCPCH00408 7009448.00 345924.00 1129.00 1.70
RCPCH00409 7009438.00 345865.00 1135.00 1.00
RCPCH00410 7009349.00 345873.00 1149.00 0.50
RCPCH00411 7009329.00 345889.00 1142.00 0.60
RCPCH00412 7009439.00 345968.00 1125.00 0.20
RCPCH00413 7009469.00 346178.00 1133.00 1.00
RCPCH00414 7009473.00 346207.00 1133.00 0.80
RCPCH00415 7009664.00 346339.00 1123.00 0.80
RCPCH00416 7009757.00 346472.00 1068.00 0.20
RCPCH00417 7009724.00 346332.00 1112.00 0.60
RCPCH00418 7009360.00 346397.00 1114.00 1.00
RCPCH00419 7009220.00 346256.00 1136.00 0.90
RCPCH00420 7008513.00 345199.00 1119.00 0.40
RCPCH00421 7008497.00 345169.00 1122.00 0.35
RCPCH00422 7008077.00 344900.00 1053.00 0.60
RCPCH00423 7008085.00 344919.00 1057.00 0.70
RCPCH00424 7008109.00 345006.00 1045.00 0.20
RCPCH00425 7008077.00 345047.00 1027.00 0.40
RCPCH00426 7006667.00 342174.00 774.00 0.90
RCPCH00427 7006659.00 342205.00 788.00 0.20
RCPCH00428 7006659.00 342257.00 785.00 0.30
RCPCH00429 7006658.00 342304.00 784.00 0.50
RCPCH00430 7008384.00 345442.00 1041.00 1.15
RCPCH00431 7008385.00 345457.00 1039.00 0.90
RCPCH00432 7008396.00 345514.00 1034.00 1.00
RCPCH00433 7008424.00 345643.00 1026.00 0.40
RCPCH00434 7008433.00 345683.00 1011.00 1.80
RCPCH00435 7008438.00 345698.00 1008.00 1.40

14

hole_id **psad56_northing ** **psad56_easting ** **psad56_rl ** max_depth
RCPCH00436 7010969.00 346480.00 930.30 2.10
RCPCH00437 7009195.00 345758.00 1072.00 0.50
RCPCH00438 7009208.00 345781.00 1094.00 0.30
RCPCH00439 7009167.00 345787.00 1087.00 2.30
RCPCH00440 7009172.00 345793.00 1094.00 0.40
RCPCH00441 7009165.00 345796.00 1094.00 0.20
RCPCH00442 7009166.00 345806.00 1101.00 0.50
RCPCH00443 7009215.00 345914.00 1130.00 0.30
RCPCH00444 7009091.00 345664.00 1063.00 0.30
RCPCH00445 7009090.00 345678.00 1069.00 0.20
RCPCH00446 7009088.00 345694.00 1079.00 0.30
RCPCH00447 7009093.00 345726.00 1082.00 0.30
RCPCH00448 7009096.00 345804.00 1091.00 0.50
RCPCH00449 7009026.00 345843.00 1088.00 0.40
RCPCH00450 7008967.00 345801.00 1091.00 0.70
RCPCH00451 7008923.00 345725.00 1090.00 1.10
RCPCH00452 7010966.62 346476.31 929.81 2.50
RCPCH00453 7008102.00 346141.00 1026.00 0.40
RCPCH00454 7008132.00 346255.00 1032.00 1.00
RCPCH00455 7008096.00 346065.00 985.00 0.90
RCPCH00456 7008092.00 345978.00 902.00 1.10
RCPCH00457 7006636.00 342704.00 804.00 0.90
RCPCH00458 7006626.00 342659.00 801.00 0.90
RCPCH00459 7006617.00 342460.00 779.00 1.00
RCPCH00460 7006661.00 342416.00 775.00 0.80
RCPCH00461 7006432.00 341810.00 726.00 0.90
RCPCH00462 7010964.40 346473.80 930.30 2.40
RCPCH00463 7008334.00 345159.00 1063.00 0.30
RCPCH00464 7008306.00 345111.00 1075.00 0.60
RCPCH00465 7010959.33 346469.07 930.24 4.30
RCPCH00466 7008211.00 345099.00 1049.00 0.30
RCPCH00467 7008451.00 345346.00 1092.00 0.30
RCPCH00468 7008450.00 345369.00 1094.00 0.40
RCPCH00469 7008487.00 345551.00 1083.00 0.70
RCPCH00470 7008457.00 345449.00 1097.00 0.80
RCPCH00471 7011029.97 346553.00 937.79 3.00
RCPCH00472 7010947.16 346456.26 930.67 2.40
RCPCH00473 7011033.37 346556.76 937.41 2.40
RCPCH00474 7010955.47 346465.10 930.14 2.20
RCPCH00475 7010951.54 346460.40 930.21 2.10
RCPCH00476 7010948.51 346457.78 930.77 1.30
RCPCH00477 7011036.83 346561.00 937.21 2.35
RCPCH00478 7010945.46 346455.19 929.81 1.60
RCPCH00479 7011045.85 346566.30 937.70 2.20
RCPCH00480 7010942.12 346452.04 930.85 1.30
RCPCH00481 7006822.00 341785.00 691.00 1.10
RCPCH00482 7011047.70 346568.10 937.50 2.70
RCPCH00483 7010940.62 346451.12 930.85 1.80
RCPCH00484 7011049.20 346570.50 937.40 2.80
RCPCH00485 7010938.11 346448.92 930.85 1.80
RCPCH00486 7011051.30 346571.50 937.40 3.00
RCPCH00487 7011052.80 346574.00 937.30 2.30
RCPCH00488 7011053.90 346575.80 937.20 2.00
RCPCH00489 7011055.20 346576.40 937.10 1.80

15

hole_id **psad56_northing ** **psad56_easting ** **psad56_rl ** max_depth
RCPCH00490 7010970.64 346480.00 928.55 35.00
RCPCH00491 7006786.00 341804.00 724.00 3.70
RCPCH00492 7006912.50 341631.50 681.40 3.00
RCPCH00493 7008414.00 345066.00 1127.00 0.30
RCPCH00494 7008414.00 345053.00 1124.00 0.20
RCPCH00495 7008405.00 345040.00 1115.00 0.20
RCPCH00496 7008415.00 345037.00 1114.00 0.20
RCPCH00507 7008294.00 345007.00 1110.00 1.90
RCPCH00508 7008237.00 344990.00 1113.00 0.60
RCPCH00509 7008215.00 344972.00 1117.00 0.30
RCPCH00510 7008208.00 344950.00 1110.00 1.10
RCPCH00511 7008396.00 344998.00 1095.00 0.30
RCPCH00512 7008393.00 344995.00 1095.00 0.30
RCPCH00513 7008307.00 344966.00 1089.00 1.10
RCPCH00514 7008245.00 344880.00 1089.00 1.50
RCPCH00515 7008871.50 345718.00 1095.00 0.45
RCPCH00516 7008879.00 345719.00 1095.00 1.70
RCPCH00517 7008875.00 345623.00 1088.00 0.70
RCPCH00518 7009913.00 345215.00 1052.00 0.90
RCPCH00519 7009930.00 345207.00 1051.00 1.75
RCPCH00520 7009939.00 345196.00 1050.00 0.90
RCPCH00521 7009899.00 345145.00 1036.00 1.30
RCPCH00522 7008322.50 344794.50 1018.00 0.60
RCPCH00523 7008325.00 344804.00 1018.00 0.50
RCPCH00524 7007851.00 345363.00 905.00 0.60
RCPCH00525 7009129.00 344744.00 1046.00 2.20
RCPCH00526 7009374.00 345636.00 1133.00 2.20
RCPCH00527 7010964.00 346479.00 936.50 1.40
RCPCH00528 7010956.70 346474.20 941.80 1.40
RCPCH00529 7009982.00 345268.00 1050.00 1.40
RCPCH00530 7009934.00 345181.00 1044.00 1.60
RCPCH00531 7009923.00 345188.00 1047.00 1.30
RCPCH00532 7008816.00 344920.00 1077.00 2.50
RCPCH00533 7008836.00 344928.00 1080.00 2.15
RCPCH00534 7008852.00 344924.00 1088.00 2.80
RCPCH00535 7010955.80 346474.00 942.58 1.70
RCPCH00536 7009806.00 344869.00 964.00 2.15
RCPCH00537 7009841.00 346121.00 1080.00 4.00
RCPCH00538 7009832.00 346123.00 1089.00 1.40
RCPCH00539 7008827.00 344938.00 1089.00 2.80
RCPCH00540 7009217.00 344728.00 1029.00 2.50
RCPCH00541 7008989.00 345355.00 1086.00 2.20
RCPCH00542 7008993.00 345368.00 1082.00 3.10
RCPCH00543 7009017.00 345429.00 1078.00 2.60
RCPCH00544 7009403.00 344503.00 991.00 4.20
RCPCH00545 7009015.00 344619.00 1026.00 1.50
RCPCH00546 7007811.00 345149.00 985.00 3.20
RCPCH00547 7010958.50 346473.30 934.05 1.90
RCPCH00548 7008096.00 346059.00 1005.00 2.50
RCPCH00552 7010951.80 346470.00 938.75 2.00
RCPCH00556 7010950.20 346469.50 940.07 2.20
RCPCH00558 7010948.90 346469.00 940.75 1.65
RCPCH00561 7010935.50 346445.00 931.50 1.90

16

APPENDIX 2: JORC Table 1, Section 1 Sampling Techniques and Data

Criteria Explanation
Sampling
techniques

Drill core samples are half core samples cut longitudinally down core axis

Minimum sample interval was 0.25m and maximum of 1.00m are collected from core,
sampled to geological boundaries.

Rock chip samples collected are of a minimum 2kg weight.

Minimum sample interval was 0.50m and maximum of 2.00m were collected along
installed channels.

Samples sent to ALS Laboratories, Copiapo, Chile

Samples were pulverised to obtain a 30g charge for fire assay for gold

A 0.5g charge was digested by four acid near total digest and analyses using ICP-OES for
multi-element analysis, including copper

Ore grade copper samples over 10,000ppm (10%) are re-assayed using AAS

High grade gold samples over 10 g/t are re-assayed using a fire assay fusion and gravimetric
finish.
.
Drilling techniques
NA - No drill results are presented in this announcement
Drill sample
recovery

NA - No drill results are presented in this announcement
Logging
All drill holes and rock samples are geologically logged by qualified geologists.

Geological data is recorded in the Company’s geological database.

Logging is qualitative in nature and describes lithology, alteration, structure and
mineralisation visually observed by the logging geologist.

Total length of each sample interval has been logged.
Sub-sampling
techniques and
sample preparation

The sample collection and preparation technique is deemed suitable and industry standard
for drill core and rock sampling.

Samples are coarse crushed to 70% passing 2mm and then split produce a 30g sample for
gold assay and 0.5g sample for multi-element assay. Sub samples are then pulverised to
85% passing 75 microns prior to assay.

No duplicate samples have been carried out.

Sample size is deemed appropriate.

Samples may be subject to nonuniform grade distribution and nugget effect in relation to
coppergrade due togeological and mineralogical characteristics.
Quality of assay
data and laboratory
tests

Assay techniques are deemed suitable and accurate for the elements being tested.

Standard reference materials have been submitted in each sample run every 20 samples.

Blank reference materials are submitted in each sample run every 50 samples.
Verification of
sampling and
assaying

All significant intersections have been calculated using weighted averaging to sample
length.

All significant intersections have been checked by alternative company geological
personnel.

No duplicate sampling or twinned holes have been completed

All data collected is done so in accordance with the Company’s written data collection
procedures and is kept within the Company’s electronic database. Original sample logs and
written data collection forms are also retained in the Company’s data library.

No adjustment to data has been done.
Locations of data
points

All drill holes and channels have been surveyed using a measurement from known survey
points in underground areas with appropriate control points used and referenced to
ensure accuracy of survey information.

Collar locations for channels RCPCH00375-RCPCH00381 have not been surveyed and have
been located using measurements from known survey points. No elevation data is available
until survey has been completed.

Co-ordinates have an error of +/-10cm..

Co-ordinates are recorded in WGS84 co-ordinate system
Data spacing and
distribution

The current drill and channel spacing is deemed appropriate for the current early stage of
exploration
Orientation of data
in relation to
geological structure

Wherever possible drill holes and channels have been planned to intersect mineralised
structures perpendicular to the structure.

Drill Hole intercepts are downhole widths and do not indicate true widths of any

17

mineralised structure.
Sample security
All sampling was conducted under the supervision of the companies project manager who
supervised sample collection and the chain of custody from the drill to the sample
preparation and logging facility is continually monitored by the project manager. Samples
are shipped to the lab by qualified couriers or Company personnel under locked bags.
Audits or reviews
No audit or review has been conducted due to the early stage exploration nature of the
work.

18

JORC Table 7: Section 2 Reporting of Exploration Results

Criteria Explanation
Mineral tenement
and land tenure
status

Mining Group does not own any of the properties sampled or mapped and sampling and
mapping completed was done so as part of a due diligence process in order to assess the
properties.

Mining Group has an exclusive option agreement to acquire the properties (refer ASX
Announcement 15 August 2013)

Mining Group has a production agreement over the Panga Mine, granting exclusive access
to carryout furthergeological and miningstudies and to extract copper andgold ore.
Exploration by
other parties

No information has been used in this report from exploration by other parties.
Drill hole
information

Details of channel, drill holes, depth and intercept depths are contained within this
announcement (Appendix 1).
Geology
The El Roble Project and Paraguay mine area consists of quartz and iron oxide veins,
containing copper and gold mineralisation. The veins are hosted within intrusive dioritic
and andesitic volcanic rocks of the Chilean Cretaceous Belt.
Data aggregation
methods

Intercept widths are along channel widths, intercept calculated by length weighted average
for all samples and no internal dilution was used, where length is the along channel length
for each sample interval

Intercepts comprise of aggregated length weighted average for all samples taken in each
channel. Length weighted averages have been calculated using the following formula
assuming 3 samples were taken from the channel, where: A=sample interval, B=sample
assay value
1)
A1xB1 = C1, A2xB2=C2, A3xb3=C3
2)
A1+A2+B2= total interval
3)
(C1+C2+C3)/total interval = length weighted grade average

No metal equivalent values have been used.
Relationship
between
mineralization
widths and
intercept lengths

Channels were designed to be installed perpendicular to the interpreted strike of the
mineralized structures unless stated.

Intercept widths are along downhole widths and are not true geological widths.
Diagrams
Pertinent maps, plans and sections are within this announcement
Balanced Reporting
Full results of all samples taken are presented in Appendix 1 of this announcement.
Other substantive
exploration data

No other data other than that presented has been used or relied upon.
Further work
Further exploration work including mapping, sampling and drilling is required, on areas
throughout the property.

These areas will be identified in the future through further analysis and interpretation of
results.

Diagrams cannot be provided until areas for future exploration have been identified, other
than what is presented within this notice.

19