November 7 Revised Draft Rio Sucio

8/3/2019 November 7 Revised Draft Rio Sucio

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LATAM INVESTMENTS LTD.

COLOMBIAN PROSPECT GENERATOR

COLOMBIAN PROSPECT GENERATORCRA. 25 #36 D SUR 135

ENVIGADO, DPTO DE ANTIOQUIACOLOMBIA S. A.

TELEPHONE: (57) (4) 336 2257 / EMAIL: [email protected]



Copyright © 2011 LatAm Investments Ltd. All rights reserved.

The Rio Sucio prospect is made up of two mining concession applications

for the exploration and exploitation of gold, platinum, copper, zinc,

molybdenum and all other exploitable minerals. The concessions cover an

area of approximately 93 km2 completely within the jurisdiction of Rio

Sucio, Department of Choco, Colombia.

The concessions are located directly North of Sunward Resource Ltd.’s

Mande Norte project. Sunward’s project area is widely considered to be

one of the world’s best undrilled copper porphyry projects.

Although very little exploration has been done North of Sunward’s project,

this area is considered to be highly prospective. Continental Gold Ltd.,

AngloGold Ashanti Limited, Sunward Resources Ltd., and Cia. Minera El

Zancudo S. A. hold the majority of the mining titles and/or mining

applications in area.

The Rio Sucio property is a grassroots greenfield prospect madeup of two mining concession applications for the exploration andexploitation of gold, platinum, copper, zinc, molybdenum and allother exploitable minerals. The concessions cover an area of approximately 93 km2 completely within the jurisdiction of RioSucio, Department of Choco, Colombia.

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The project is located in the Departmentof Choco, not far from the Eastern

border with the Department of

Antioquia. The prospect area is

approximately 170 km to the Northwest

of the city of Medellin.The prospect area is accessible by helicopter from Mutata,

40 km to the Northeast.

The prospect area is accessible by

helicopter from Mutata, 40 km to theNortheast.

By land, the prospect area can bereached from the city of Medellin bytaking the road through Pavarando

towards Turbo on the sea to Mutata.From Mutata a seasonal road is nowopen to Puerto Lleras, located in theheart of the prospect area.

By land, the prospect area can bereached from the city of Medellin bytaking the road through Pavarando

towards Turbo on the sea to Mutata.From Mutata a seasonal road is nowopen to Puerto Lleras, located in theheart of the prospect area. (Localroad system detailed on page 6)

The project is located in the

Department of Choco, not far from theEastern border with the Department of Antioquia. The prospect area isapproximately 170 km to theNorthwest of the city of Medellin.

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RIO SUCIO

PROSPECT

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For Comparison, Murindo (Mande NorteProject), which is located directly to the Southof the Rio Sucio Prospect, is considered bymany to be the best undrilled Cu porphyry inSouth America.

For Comparison, Murindo (MandeNorte Project), which is locateddirectly to the South of the Rio SucioProspect, is considered by many to

be the best undrilled Cu porphyry inSouth America.



Copyright © 2011 LatAm Investments Ltd. All rights reserved. 4




Continental Gold Ltd, AngloGold

Ashanti Limited, Sunward

Resources Ltd and Cia Minera El

Zancudo SAS

• Continental Gold Ltd• AngloGold Ashanti Limited• Sunward Resources Ltd

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Copyright © 2011 LatAm Investments Ltd. All rights reserved. 6


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The Western Cordillera, which hosts the

Río Sucio prospect, is constructed of submarine volcanic rocks and related sillsof tholeiitic basaltic composition, probablyoverlain by deep-water pelagic andturbiditic sedimentary rocks, of Early toLate Cretaceous age (Nelson, 1957;Barrero, 1979).

Also prominent are tonalitic, dioritic,gabbroic, and Alaskan-type mafic ultramaficintrusives, broadly coeval with the volcanicsuccessions, and a later series of early tolate Tertiary batholiths and stocks of broadly tonalitic composition, associated

with calc-alkaline volcanic rocks.

The Western Cordillera, which hosts theRío Sucio prospect, is constructed of submarine volcanic rocks and relatedsills of tholeiitic basaltic composition,probably overlain by deep-water pelagicand turbiditic sedimentary rocks, of Early to Late Cretaceous age (Nelson,1957; Barrero, 1979).

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The area directly to the South of the Rio Sucio prospect (now Sunward's Mande Norte project) was mentioned in theOctober 2008 issue of International Mining, which reported the following:

For centuries, local residents have known of the presence of copper and gold in the low lying hills north of the MurindoRiver, located in the northeastern corner of the Department of Choco. However, it wasn't until 1975 that INGEOMINAS,under the sponsorship of the United Nations, undertook a formal investigation of the region. A comprehensive programof stream sediment sampling, followed by soil and rock sampling and preliminary mapping was able to delineateextensive areas north of the Murindo River which were high in copper, gold and molybdenum. The delineated areas of these anomalies range in size from one to five km2 in size.

The area is known for very little outcropping; however, in 1993, an earthquake exposed the mineralization in the area.

In the mid-1990's Cyprus AMAX initiated an exploration program of the area. A comprehensive program of geochemistry,geophysics and mapping further delineated, expanded and defined the known target areas and found anew zone south of the river, lengthening the string of mineralized zones to 15 km. Soil samples in the anomalies carriedfrom 300 to 4,200 ppm Cu and up to 700 ppm Mo. Surface rock samples in two areas exceeded 1% Cu, up to 700 ppmMo and 2.5 ppm Au, with 37 rock samples from one 800 by 1,400 m area averaging 0.94% Cu and 0.36 ppm Au. TheMurindo copper prospects lie at 100 to 400m on the eastern slopes of a small group of mountains in northeastern Chocoand northwestern Antioquia. They are mostly north of the town of Murindo, 165 km northwest of Medellin.

The copper deposits lie on the western margin of the Tertiary Age Mande Batholith and west of the Murindo fault. Most of

the mineralization seen to date occurs within quartz-diorites intruded into Cretaceous and Jurassic clastic and volcanicrocks, but hydrothermal alteration, intense weathering and heavy vegetation have prevented a complete unraveling of geologic relationships. The highest copper-molybdenum grades are found in zones of low-sulphide, potassic alterationwhere chalcopyrite and bornite predominate. High gold values are associated with quartz-magnetite veinlets, also in thepotassic zone. Broad areas of phyllic alteration have been mapped, containing pyrite, and chalcopyrite as the principalsulphide species, with an unknown potential for supergene enrichment.

* THE UNITED NATIONS SPONSORED REPORT REFERENCED ABOVE CAN BE FOUND IN THE INGEOMINAS LIBRARY(MEDELLIN REGIONAL OFFICE)

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Conclusions

Based upon the geology and publically available information, we believe that this prospect has great potential.

We invite serious and prospective purchasers or joint venture partners to contact us in order to receive more information. The terms to purchase or earn-inon this prospect are flexible and negotiable. We look forward to hearing from you.

Thank you.

LatAm Investments [email protected]

DISCLOUSRE STATEMENT

This presentation does not constitute a prospectus or other form of offering document relating to LatAm InvestmentsLtd. or any of its subsidiary or affiliated companies (the “Company”), and does not constitute an offer or invitation topurchase or subscribe for any securities of the Company or any other company and should not be relied on inconnection with a decision to purchase or subscribe for any such securities. This presentation does not constitute arecommendation regarding any decision to sell or purchase securities of the Company or any other company. Thispresentation is being supplied to you solely for your information and may not be reproduced or distributed to anyother person or published, in whole or in part, for any other purpose. No reliance should be placed for any purposewhatsoever on the information contained in this presentation or the completeness or accuracy of such information. No

representation or warranty, express or implied, is given by or on behalf of the Company or its shareholders, directors,officers, or employees or any other person as to the accuracy or completeness of the information or opinions containedin this presentation, and no liability is accepted for any such information or opinions (including in the case of negligence, but excluding any liability for fraud).

The technical information about the Company’s mineral properties and exploration activities contained in thispresentation have been prepared in-house and have not been prepared under the supervision of a “qualified person” within the meaning of National Instrument 43-101.

Conclusions

Based upon the geology and publically available information, we believe that this prospect has great potential. Weinvite serious and prospective purchasers or joint venture partners to contact us in order to receive more information.The terms to purchase or earn-in on this prospect are flexible and negotiable. We look forward to hearing from you.

Thank you.LatAm Investments [email protected]

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DISCLOSURE STATEMENT

Documents

November 7 Revised Draft Rio Sucio