ZEOTECH LIMITED — Capital/Financing Update 2012

Nov 12, 2012

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13 November 2012

Additional Gold-Silver Targets at Rasuhuilca Project, Peru

Flagship Project grows as re-interpretation of data adds new high-grade targets

Perth-based exploration company Laconia Resources Limited (ASX: LCR) (" Laconia " or “ the Company ”) is pleased to provide the following update on activities at its 100% owned Rasuhuilca Gold-Silver Project in Peru.

Highlights

• 1

• Review of surface and underground sampling 520m West of Rasuhuilca Resource identifies further high-grade targets and exploration potential at the Hyallatas Prospect. Best results include:

• 6m @ 3.59 g/t Gold and 225.43 g/t Silver (composite)

o 4m @ 2.06 g/t Gold and 301.63 g/t Silver (composite)

• 1m @ 1.12 g/t Gold and 1041.70 g/t Silver

• 1.5m @ 2.31 g/t Gold and 604.90 g/t Silver

• Review of surface and underground channel sampling data at the Olga Vein reveals extension of high-grade silver zone, including:

• 1.1 m @ 6.29 g/t Gold and 89.87 g/t Silver

• 0.7 m @ 10.10 g/t Gold and 101.3 g/t Silver

• 2.5 m @ 5.08 g/t Gold and 65.78 g/t Silver

• 0.7 m @ 5.70 g/t Gold and 441.0 g/t Silver

• Surface diamond drilling program scheduled to commence on receipt of permitting

• 2

• Rasuhuilca Project has an existing Inferred Resource estimate of 360,000t @ 1.97g/t Au and

179g/t Ag

• 2008 Mining Study to be updated - Study Review Manager appointed

• Laconia to acquire seven year option over additional 5,622 Hectares immediately adjacent to Rasuhuilca Project

• Well-funded to validate historical scoping study and execute exploration programs

1 Refer to ASX announcement 25 January 2012.

2 Refer to ASX announcement 25 January 2012.

Laconia completed the acquisition of the Rasuhuilca Project3 in June 2012. Rasuhuilca is an advanced, high grade gold and silver project which contains existing development levels and cross-cuts (Figure 4), and has outstanding near-term development potential in the current high gold and silver price environment. It is the Company’s intention to rapidly bring the underground mine into production.

Since finalising the acquisition, the Company has been undertaking a detailed compilation and review of the extensive historical data sets at the Project. The review of high quality exploration by Cominco and Buenaventura has identified a range of additional target areas to the Rasuhuilca Vein Resource, which warrant follow up exploration. A comprehensive review is ongoing of all existing and available data including prospect-scale mapping, rock chip samples, channel sampling at surface and in underground adits.

The Company is placing specific emphasis on its exploration activities to expand the existing gold and silver resources at the Rasuhuilca vein and across the entire project area.

Laconia's Managing Director, Ian Stuart commented: “We are very pleased with the progress of the ongoing review at our Flagship Rasuhuilca Project in Peru, and the fact that a number of high-grade targets have been generated. This work further increases the Project's exploration upside and near-term development potential. We anticipate following up these high-grade targets with a drilling program in the near future.”

Rasuhuilca Project Target Generation

Laconia is continuing to review previous exploration work undertaken at Rasuhuilca, with a number of new high quality exploration targets being successfully generated. These targets are based on surface and/or underground adit sampling, or are conceptual targets based on the literature research phase for High Sulphidation Epithermal deposits and Andean Porphyry Copper/Gold deposits. Figure 1 shows the current target areas, with labels describing each one. Rock chip surface sampling discussed in this release was conducted by Buenaventura between 1997 and 2004.

• Target Area 1, the Olga Prospect, has surface sampling and underground development and is discussed in detail in this release.

• Areas 2 and 3 are targets with very little surface sampling or data but are conceptual targets for high tonnage resources based on the literature for High Sulphidation Epithermal deposits. Further information on these targets' potential is being compiled.

• Target 4, the Hyallatas Prospect, is based on the extension of the vein system at the Rasuhuilca

3 Refer to ASX announcement 1 June 2012.

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2

Vein itself, which hosts the Projects' current JORC resource and is discussed in this release.

• Targets 5 and 6 are based on encouraging surface sampling results, which are in the process of being verified by field inspection.

• Target 7, the Marcelita Prospect, is located 4.5 km to the South East of the Rasuhuilca vein system,

and was previously discussed in the announcement dated 16th August 2012.

The most significant outcome from the data review and target generation phase has been recognition that

there is gold enrichment, in a very high proportion of all surface samples collected by Cominco, Buenaventura and Cambridge Mineral Resources over the Rasuhuilca Project area, highlighting the outstanding development potential of the asset.

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Figure 1: Prospects and Targets Rasuhuilca Project.

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3

Target 1 - Olga Prospect

Olga Prospect is a vein system that lies 1.5 km to the north west of the Rasuhuilca resource. The system is similar to the Rasuhuilca vein, and is comprised of a zone of silicification, with internal fracturing, and fine barite throughout. The sulphides are weathered to goethite and jarosite at surface, and zones of hydrothermal breccia occur sporadically throughout the vein. There are at least two phases of silicification with an earlier episode of silicification that now occurs as clasts within the breccias, plus a phase of silica formed as chalcedony with close-association to the fine barite mineralisation.

The veining at Olga is linear, striking east – west, and dipping steeply to the north. The vein has an average thickness of 2.5 metres, as shown by mapping in the underground development adit, the 4795 level. The current measured strike length of the vein in the underground development adit at Olga Vein is 82 metres, and contains gold and silver mineralisation extending along the drive which lies on average 25 metres below the surface expression of the vein. Surface sampling and mapping of the vein on the outcropping hill-side above the drive, suggests a potential strike length of 240 metres.

Composite surface sampling undertaken across 22 metres of channel samples returned a weighted average grade of 2.9 g/t gold, and 116 g/t silver. Composite underground sampling over 50 metres of channel samples, returned a weighted average grade of 2.22 g/t gold and 65 g/t silver. Figure 2 shows the surface expression of the Olga vein, with higher-grade samples annotated. There is also an Inset in Figure 2 that shows the underground adit development, and channel sample locations. All significant samples from the Olga Prospect are included in Table1 (gold >1g/t and/or silver>60 g/t).

Typically, there are modest grades throughout the vein and silicification system, with some samples returning higher grades (greater than 5 g/t gold, plus greater than 60 g/t silver). Previous sampling specifically targeted veins and structures, but future sampling will include altered wall rocks which carry elevated gold and silver grades. The mineralisation at the Olga Prospect is currently being evaluated for potential to provide additional tonnages of ore-grade material that may supplement the mill-feed produced from the Rasuhuilca Mine, once operational.

Future exploration at the Olga prospect will focus on extension of the known mineralisation dimensions, using drilling or exploration development driving. There is scope for extending the zone to the west, as there are good results returned from historic surface rock chip samples 115 metres to the west of the current adit. Sampling in the underground adit indicates the drive was stopped in mineralisation.

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4

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Figure 2: The Olga Prospect, with surface sampling and underground adit sampling shown.

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5

Target 4 - Rasuhuilca Strike Extension - Hyallatas Prospect

Previous workers at the Rasuhuilca Project undertook sampling of the western extension of the Rasuhuilca vein. The historical data contains mapping and sporadic rock chip sampling of the Rasuhuilca vein structure for a further 520 metres to the west of the current resource.

Buenaventura collected 134 rock chip samples from the continuation of the vein, and other structures leading off the main vein. Of these samples, 69 returned values greater than 1 g/t of gold, and/or greater than 60 g/t of silver. These samples were collected over about 100 metres of the vein extension, with many other samples being collected on breccia systems, or cross-cutting faults, leaving at least 420 metres of the main vein yet to be sampled.

The sampling at the Hyallatas prospect has returned many significant results for silver, with a peak sample of 1,041 g/t of silver in sample 23844 (See Figure 3). Gold values are generally all elevated (greater than 0.1 g/t), and the weighted average of all the gold grades from the surface sampling is 1.17 g/t Au. Silver grades compiled as weighted averages over the total sample length average at 78.18 g/t. The historic sampling has been restricted to areas of brecciation, silicification, silica-alunite alteration, veining and fault zones. Between each of the sampled zones, there are large areas of scree, Andesite and Intermediate Tuff. Some highergrade samples and composite values from the Hyallatas Prospect illustrate the further potential of the vein system;

o 6m @ 3.59 g/t Gold and 225.43 g/t Silver (composite)

o 4m @ 2.06 g/t Gold and 301.63 g/t Silver (composite)

o 1m @ 1.12 g/t Gold and 1041.70 g/t Silver

• 1.5m @ 2.31 g/t Gold and 604.90 g/t Silver

Table 2 below shows the significant (gold >1g/t and/or silver>60 g/t) results returned from sampling along the western extension of the Rasuhuilca vein.

Future exploration will consist of rock chip sampling the remaining strike. Some re-sampling of historic rock chips will also be undertaken to confirm the tenor of the assaying by Buenaventura. Future sampling programs will include all rock types to determine the back ground values for gold and silver. Detailed mapping of the structures in the area will also be completed, to identify cross-cutting structures that could be mineralised, and dilational zones where the vein thickness may be increased.

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6

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Figure 3: High-grade surface sampling results at the Hyallatas Prospect.

Phase 1 Diamond Drilling Program to Commence on permit approval

Laconia plans to commence its first phase of drilling at the Rasuhuilca Project as soon as permitting approval is given. The process of seeking formal approval to drill is well underway. The initial phase of drilling will be a 850 metre diamond drilling program, designed to test mineralisation between the existing mine levels, thus validating the existing resource model and upgrading it to a JORC-compliant Indicated category. The Company believes potential exists to grow the resource base outside of its current boundaries and has therefore planned extensional exploration drilling on the Rasuhuilca vein, namely the Condor zone that is the high grade silver zone at the western end of the main Rasuhuilca zone, and the Hyallatas Prospect that is about 320 metres west.

Feasibility Study to be reviewed

A Feasibility Study was completed at the Rasuhuilca Project in June 2008. Laconia is planning to update and re-affirm the Feasibility Study results with a view to bringing the Project into production as a high grade, small tonnage mining operation. The Company’s strategy is to utilise the potential revenues from the Project to unlock the major exploration upside, and thereby increase the current resource base. The study review manager has been appointed and the review is currently underway using a combination of Peruvian and

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7

Perth based (with extensive Peruvian) experienced Mining Consultants.

Relatively small scale, low tonnage, high grade underground gold and silver mining operations are common in the Peruvian mining industry and are a core business for a number of successful Peruvian based international companies. The Rasuhuilca Project is located in a region where major mining companies such as Xstrata and BHP Billiton are operating, with Xstrata planning to start production at the nearby Las Bambas project in 2013. In addition, Hochschild Mining Plc’s (LON: HOC) major silver and gold operations are also based in the same region as the flagship Rasuhuilca Project. Hochschild has Reserves and Resources 4 exceeding 186 million silver ounces and 1.1 million gold ounces .

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Figure 4: Long Section of Rasuhuilca Resource model with current and planned development.

The Rasuhuilca Project

The Rasuhuilca Project is located in the Andean volcanic arc of southern Peru (see Figure 5, Project location plan) and comprises four concessions over a total area of 2,765 hectares. These concessions cover a large part of an extensive high-sulphidation alteration system. The most well understood mineralised body in the Project is the Rasuhuilca zone, which has been explored by underground development. Average grades from underground channel sampling are approximately 2 g/t Au and 185 g/t Ag.

4 Refer Hochschild Mining PLC Annual Report 2011.

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8

The Project has an Inferred Resource estimate5 of; 360,000t @ 1.97g/t Au and 179g/t Ag (at a 2.5 g/t AuEq cut-off6). The Resource statement is based on historical data. Independent sampling has been completed7 and future drilling will be completed to confirm the tenor of the historic data and it is envisaged the resource category and size will be upgraded, so that it can be used as the basis for mine planning activities.

Rasuhuilca Project Exploration Potential

The Rasuhuilca Project is situated on the collapsed rim of the Jarhuarazo strato-volcano within a highly visible zone of secondary potassic alteration. Laconia aims to target the following mineralisation styles:

• The network of outcropping gold-silver veins in lower temperature acidic outflow zones (silica-alunitesulphide alteration);

• Large-scale, sub-horizontal disseminated gold-silver mineralisation within outflow zones;

• High-grade bonanza gold veins beneath the acidic outflow zones;

• Copper-gold mineralisation within buried intrusive stocks, or gold-silver-zinc mineralisation in skarns surrounding buried intrusive stocks.

Corporate Update

On 7 November 2012, Laconia announced that it had signed a Binding Term Sheet to enter into an option agreement ("the Option Agreement") to acquire an 80% interest 5,622 hectares across 11 exploration licences adjacent to its Rasuhuilca Project located in the Andean volcanic arc of southern Peru. Similar to the Company's 100%-controlled Rasuhuilca Project, the new licences are considered highly prospective for epithermal and porphyry style Au-Ag-Cu. The option period is for seven years and involves minimal initial outlay.8

*ENDS***

For further information please contact:

Ian Stuart Sam Burns Managing Director Media and Investor Relations Laconia Resources Six Degrees Investor Relations P: +61 8 9486 1599 M: 0400 164 067

E: istuart@laconia.com.au E: sam.burns@sdir.com.au

5 Refer to ASX announcement 25 January 2012.

6 All cut offs based on an Xg/t Au Eq are conceptual in nature only. There has been insufficient metallurgical test work to date to determine eventual metallurgical recoveries and it is uncertain that the conceptual cut offs used below will be appropriate following further metallurgical test work.

7 Refer to ASX announcement 4 July 2012

8 Refer to ASX announcement 7 November 2012

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9

Competent Persons Statement

A review of available data was conducted by Mr Vincent Algar. Mr Vincent Algar who is a member of the Australasian Institute of Mining and Metallurgy has compiled the information within this presentation that relates to mineralisation and exploration. Mr Algar is a Non-Executive Director and consultant of Laconia Resources Limited and has sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity currently being undertaken to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion of this information in the form and context in which it appears in this report.

A review of available data was conducted by Mr Michael Andrew, a Principal of Optiro Pty Ltd. Mr Michael Andrew who is a member of the Australasian Institute of Mining and Metallurgy has compiled the information within this presentation that relates to Mineral Resources or Ore Reserves. Mr Andrew is a full time employee of Optiro Pty Ltd and has sufficient experience relevant to the style of mineralisation and type of deposits under consideration and to the activity currently being undertaken to qualify as a Competent Person as defined in the 2004 edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves and consents to the inclusion of this information in the form and context in which it appears in this report.

About Laconia Resources Limited

Laconia Resources Limited is a Perth-based emerging precious and base metals exploration and development Company with a South American focus. The recently acquired Rasuhuilca gold-silver development project in Peru complements the Company’s existing portfolio of precious and base metal projects in Western Australia. A Feasibility Study was completed at Rasuhuilca 2008 and is currently under review, with Laconia aiming to bring the Project into production as a high-grade, small-tonnage operation, and utilise the project’s revenues to unlock its exploration upside.

In Western Australia, the Company has a portfolio of advanced mineral projects in the Murchison and Pilbara regions, across 35 granted tenements covering an approximate 955km2. Laconia has reported resources in accordance with the JORC code at its projects at Lennons Find, (Cu-Ag-Pb-Zn-Au), and most recently at Rasuhuilca in Peru (Au-Ag). The Company is focused on the systematic exploration of its project areas, and further definition and expansion of its resource base at its advanced projects.

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10

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Figure 5: Location plan, Rasuhuilca Project, Peru.

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11

Table 1: Significant surface and channel sampling intersections at the Olga Prospect.

Sampled	East	North	RL	Sample Length	Sample Type	Au_ppm	Ag_ppm
23102	630685	8417863	4818	0.60	SCN	2.0	233.7
23103	630647	8417867	4825	0.80	SCN	1.9	121.3
23104	630626	8417871	4821	1.25	SCN	1.3	37.2
23105	630621	8417873	4819	0.70	SCN	10.1	101.3
23106	630609	8417874	4810	0.60	SCN	2.5	34.0
23642	630700	8417867	4810	0.20	SCN	8.5	247.0
23690	630715	8417874	4801	1.00	SCN	1.8	56.8
23691	630716	8417873	4801	1.00	SCN	2.4	70.6
23692	630711	8417873	4803	1.20	SCN	1.8	283.6
23693	630711	8417872	4803	0.75	SCN	2.6	76.6
23694	630700	8417868	4810	0.50	SCN	1.3	8.3
23695	630685	8417861	4819	0.40	SCN	1.6	21.1
23696	630685	8417862	4819	0.60	SCN	3.6	495.1
23698	630652	8417868	4824	0.60	SCN	0.8	60.3
23700	630653	8417867	4825	0.70	SCN	5.7	441.0
23702	630647	8417866	4825	0.40	SCN	4.0	80.3
23704	630626	8417871	4822	0.60	SCN	4.1	11.8
23705	630630	8417869	4823	0.80	SCN	6.9	58.4
23706	630629	8417868	4824	0.90	SCN	2.5	54.7
23708	630618	8417873	4817	1.40	SCN	3.8	68.8
23709	630618	8417873	4817	0.80	SCN	1.1	19.3
23710	630611	8417874	4812	0.60	SCN	11.8	101.4
23713	630605	8417875	4807	0.70	SCN	1.0	20.6
23851	630597	8417872	4803	0.50	SCN	2.1	7.2
23852	630523	8417866	4761	0.60	SCN	3.0	383.8
23853	630517	8417866	4759	0.70	SCN	3.6	156.6
23854	630504	8417864	4753	0.90	SCN	1.4	282.7
42025	630714	8417875	4795	1.00	CN	0.57	78.53
42026	630712	8417874	4795	1.10	CN	6.29	89.87
42027	630710	8417873	4795	0.75	CN	1.04	50.75
42028	630709	8417872	4795	1.10	CN	1.34	28.92
42029	630706	8417872	4795	1.10	CN	1.40	43.38
42030	630705	8417871	4795	1.40	CN	1.04	43.38
42073	630703	8417869	4795	1.50	CN	2.30	86.01
42075	630701	8417868	4795	1.36	CN	5.02	93.21
42077	630700	8417867	4795	1.40	CN	2.73	94.53
42079	630698	8417866	4795	1.00	CN	3.75	41.39
42130	630695	8417866	4795	0.60	CN	2.69	161.03

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42131	630694	8417864	4795	1.20	CN	1.73	70.59
42133	630691	8417864	4795	3.20	CN	0.26	69.54
42137	630688	8417865	4795	0.70	CN	2.00	41.68
42139	630684	8417863	4795	0.50	CN	1.22	26.37
42141	630680	8417862	4795	1.00	CN	4.04	324.32
42142	630679	8417862	4795	0.90	CN	2.93	91.00
42144	630677	8417863	4795	0.70	CN	5.00	72.17
42146	630675	8417864	4795	1.10	CN	1.86	52.52
42150	630672	8417865	4795	1.30	CN	3.58	74.34
42152	630670	8417866	4795	0.90	CN	1.87	60.73
42154	630668	8417866	4795	0.90	CN	1.92	75.03
42156	630666	8417867	4795	1.00	CN	1.73	42.75
42160	630662	8417868	4795	1.55	CN	1.50	40.08
42163	630660	8417869	4795	1.30	CN	1.41	22.79
42165	630658	8417870	4795	1.87	CN	1.37	15.91
42198	630656	8417870	4795	1.40	CN	1.79	27.01
42202	630651	8417868	4795	1.10	CN	2.12	15.05
42204	630649	8417868	4795	1.20	CN	5.96	68.96
42206	630648	8417866	4795	1.70	CN	2.83	26.33
42208	630646	8417865	4795	2.50	CN	5.08	65.78
42251	630711	8417873	4795	0.75	CN	1.04	27.78
42252	630710	8417873	4795	0.70	CN	3.46	77.11
42253	630701	8417867	4795	0.60	CN	4.19	66.62
42255	630692	8417864	4795	1.20	CN	3.15	91.85
42256	630690	8417866	4795	1.05	CN	2.50	306.46
42257	630678	8417864	4795	0.60	CN	0.06	102.34

Note 1: Sample results are compiled as weighted averages. Sample ID shown is for the first sample in the sequence. Samples were collected by Buenaventura between 1997 and 1999, and assayed at Intertek Bondar Clegg Bolivia. Gold (Au) was analysed by AAS with Fire Assay checks on 50 g aliquots to 2 ppb detection limits and AAS was used for Silver (Ag). All assays are available with original lab certificates from Intertek Bondar Clegg in Bolivia. Normal lab QAQC was done, and show no issues in quality. Note 2: Coordinate system used is PSAD56/UTM zone 18S EPSG 24878

Note 3: SCN = Surface Channel Sample; CN = Channel Sample in Underground Adit.

Note 4: Results greater than 1 g/t gold and/or 60 g/t silver are listed in this table. An additional 12 samples returned results below these levels.

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13

Table 2: Significant surface sampling intersections along the Extension of the Rasuhuilca Vein

Rockchip ID	Easting	Northing	Elevation	Length	Au g/t	Ag g/t
23714	631115	8416736	4967	1.2	1.18	26.60
23725	631153	8416759	4989	1	1.03	13.10
23731	631152	8416751	4989	1	1.06	9.10
23739	631151	8416741	4988	1	0.75	71.60
23740	631151	8416738	4987	1.2	0.51	69.80
23742	631184	8416757	5004	1.2	1.10	4.30
23748	631184	8416749	5004	1.5	2.14	14.40
23750	631184	8416746	5005	1.5	1.31	8.30
23751	631184	8416745	5005	1.5	1.70	17.70
23752	631184	8416744	5005	1.5	1.11	8.90
23754	631184	8416741	5005	1.5	1.59	8.00
23755	631184	8416740	5005	1.3	1.06	9.90
23757	631183	8416737	5005	1.2	1.01	5.40
23763	631197	8416754	5009	1	1.24	7.70
23769	631197	8416747	5009	1	1.60	15.90
23770	631197	8416745	5009	1	1.96	15.30
23771	631197	8416743	5009	1	6.72	42.10
23775	631288	8416761	4974	1.3	0.77	181.20
23777	631283	8416764	4973	1.5	0.86	65.00
23778	631279	8416766	4974	1.5	0.79	72.90
23779	631275	8416768	4975	1	1.49	172.60
23781	631273	8416768	4976	1	1.90	135.20
23783	631223	8416814	4991	1	1.46	12.00
23785	631221	8416820	4991	1	1.39	15.10
23786	631220	8416822	4990	1	1.99	38.80
23787	631219	8416825	4990	1	2.88	74.20
23788	631218	8416827	4991	1	1.53	25.10
23789	631217	8416829	4991	1	2.42	9.20
23790	631212	8416829	4993	1	3.45	178.00
23791	631211	8416831	4993	1	1.38	27.30
23792	631210	8416833	4993	1.5	2.10	13.70
23793	631205	8416813	5000	1	1.01	8.20
23794	631204	8416815	5000	0.9	1.65	27.90
23797	631154	8416810	4995	0.9	2.33	46.00
23798	630943	8416856	4932	1	2.46	122.10
23800	630943	8416855	4932	1	2.39	106.70
23801	630944	8416854	4932	1	2.15	94.10
23802	630945	8416853	4932	1	1.60	74.60

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14

23804	630946	8416851	4934	1	1.21	38.90
23806	630948	8416848	4934	1	1.46	99.80
23807	630949	8416847	4935	1	1.31	145.90
23809	631000	8416839	4966	0.35	1.94	109.60
23810	631008	8416838	4972	1.5	0.89	106.40
23811	631008	8416835	4971	1.5	0.69	75.50
23812	631008	8416833	4970	1.5	1.23	124.00
23813	631008	8416831	4970	1.5	0.97	127.90
23815	631014	8416834	4976	1.3	2.41	384.00
23816	631013	8416832	4974	1.5	0.56	100.70
23817	631013	8416829	4973	1.5	1.41	379.00
23818	631046	8416829	4998	1.5	1.10	30.20
23820	631047	8416824	4997	1	1.61	22.80
23821	631047	8416823	4996	1	1.23	21.20
23822	631047	8416822	4995	1.5	0.87	121.00
23823	631048	8416820	4994	1.5	0.99	207.00
23824	631048	8416818	4994	1.5	1.01	142.10
23825	631053	8416829	5003	1.5	2.07	121.80
23830	631055	8416824	5001	1.5	1.02	18.60
23832	631056	8416821	4999	1.3	1.14	73.30
23835	631057	8416835	5009	1.2	1.58	194.90
23836	631071	8416828	5009	1.5	1.33	86.00
23840	631071	8416824	5007	1.5	2.31	604.90
23841	631075	8416823	5007	1	2.09	33.90
23844	631022	8416867	4998	1	1.12	1041.70
23846	631040	8416880	5014	1	1.15	143.80
23847	631045	8416880	5017	1	0.50	186.40
com1	631036	8416873	5009	4	2.06	301.63
com2	631064	8416893	5031	3	0.86	136.84
com3	631272	8416778	4971	6	3.59	225.43
com4	631284	8416764	4971	6	2.29	180.98
com5	631293	8416755	4974	6	0.76	107.95

Note 1: Sample results are compiled as weighted averages. Sample ID shown is for the first sample in the sequence. Samples were collected by Buenaventura between 1997 and 1999, and assayed at Intertek Bondar Clegg Bolivia. Gold (Au) was analysed by AAS with Fire Assay checks on 50 g aliquots to 2 ppb detection limits and AAS was used for Silver (Ag). All assays are available with original lab certificates from Intertek Bondar Clegg in Bolivia. Normal lab QAQC was done, and show no issues in quality. Note 2: Coordinate system used is PSAD56/UTM zone 18S EPSG 24878 Note 3: Results greater than 1 g/t of gold and/or 60 g/t silver are listed in this table. An additional 64 samples returned results below these levels.

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