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5 Cruces Project

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Cinco Cruces

prospect

Cinco Cruces prospect is located in Ica department, Chincha and Pisco provinces, at 233 Km from Lima (215 Km by paved road and 18 Km by gravel road). Elevations are below 1,000 metres

Panamericana Sur

Ducto Gas Camisea

A major power line and a gas pipeline pass within 2 Km of the property boundary.San Martin harbour is located 90 Km southwest while Pisco airport is located to 66 Km southwest

Línea de Alta Tension

SOUTH WAY

MINE

CAMISEA PIPE LINE

ELECTRICAL HIGH TENTION LINE

CHINCHA CITY

The prospect area is underlain by volcano-sedimentary sequences corresponding to the Quilmana Group of Early Cretaceous Age. These sequences are made up of shallow marine andesitic volcanic and calcareous sediments intruded by differentiated phases of the Cretaceous Linga Superunit. The volcanics have been affected by intense Na/Ca metasomatism and magnetite and specularite accompany the mineralization in the form of veins, veinlet stockworks and breccia matrix

We have correlated this prospect with Condestable –Raul and Mina Justa deposits because them show similar lithological features and they are in the coast belt copper. In addition, Cinco Cruces show similar evidence to the Candelaria – Chile deposit.

At this moment majorities of veins are in volcando sedimentary rocks of the Quilmana Group. We consider that deeper we can found andestic tuffs with disseminated mineralisation building ore bodies and mantles with bigger amounts of ore but lower copper grades.

Higuest grades include 5.76 %Cu and 9.04 Au ppm for channel samplings.