SPAIN 2013 Mineral Exploracin Network

Why Spain?Prospective geological situationLandscape conditions allow quick prospectingExcellent infrastructurePossibility to work during winter and use MEN Finland human and technical resources all year around

Project Extremadura Area of interest is located on the intersection of NW striking regional thrust zone and corridor of faults of SW orientation.

Pro Mining GovernmentQuick and transparent licence application processEasy available geological informationProject Extremadura

Long mining history starting from prehistoric time till the middle of 20th centauryAugustobriga - Talavera la ViejaProject Extremadura

Augustobriga - Talavera la ViejaProject ExtremaduraProject licenses123451 Trojillo Logrosan, prospecting license, 945 sq. km.2 Maria exploration license, 78 sq. km.3 Antonio exploration license, 85 sq. km.License Applications:4 Berzocana exploration license, 84 sq. km.5 St. Cristobal exploration license, 63,7 sq. km.Total: 1.255,7 sq.km.

Project area is located in inner zone of multistage volcanogenic ring complex active from pre Cambrian till Tertiary period

Radiometric survey -PotassiumMagnetic survey vertical componentProject Extremadura

Project ExtremaduraExploration model

Historical mines:

"El Aguijn. Operational 1850-1950. Zn, Pb, Ag, Au"La Favorita": Cu, Py, P "El Aguijoncillo": Mining stopped in 1904. Sb, Cu, Au."El Piojo": Mining stopped in 1876. Zn, Pb."El Serranillo": Mining stopped in 1970. As, Sn, Mo. La Costanaza: Operational in 1907-1946. Phosphorous.

6Project Extremadura

By 30th of November following work was done:

Stream sediments sampling- 3014 samples Soil sampling - 17053 samples Magnetic survey - 680 line km Pan concentrates - 69 samples

MEN Finland had started full scale prospecting in September 2013Project Extremadura

Project Extremadura1 mm1 mm1 mm1 mm1 mm1 mm1 mm1 mm

Results of soil sampling and ground magnetic survey,Logrosan area.Detailed areaProject Extremadura

ABABProject Extremadura

Project ExtremaduraOur plansMinimumMaximumFinalize stream sediment sampling on existing licensesCarry out magnetic survey and soil sampling on selected targetsLimited trenching

Minimum +

Expand ground holdingIntensive trenchingVerification drillingResource drilling Spring 20142014 - 1 M Euro 25% of the project

2015 - 2 M Euro 25% of the projectBy own financial resourcesWith JV partner investment

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