• Qualifying NI 43-101 Report - Dec 23 - 2011
• 90 km from Escondida mine (world's largest copper mine)
• Excellent regional infrastructure
• Indicated Resource (0.4% Cut-off)
  - 6.59 billion lbs Copper
  - 2.06 million ozs Gold
  - 204.6 million lbs Molybdenum
  
• Inferred Resource (0.4% Cut off)
  - 8.3 billion lbs copper
  - 2.3 million ozs gold
  - 292.9 million lbs Molybdenum
• Inferred Oxide Gold Resource (0.2% Cut-off)
  - 1.5 million ozs
• Comprehensive exploration program began May 2010
• 2011 Expanded drill program to 99,500 meters
• Drilling & Engineering programs target completion - Apr 2012

[updated: Jan 2012]