C-405

Agrandada Project is located in Region III of Chile. It is located, in a straight line 30 km SE of Copiap City, and 20 km SE of Candelaria Mine (Lundin Mining). And 75 km NE of Desierto de Atacama Airport. The area contains strong evidences on mineralization, lithology and alteration can classified this ore deposits as Porphyry Copper Cu Mo Au style. Metallogenetically the project is located in the Paleocene Porphyry Cu belt, and near 20 km to the west with IOCG belt (Candelaria Mine and Punta el Cobre Belt). So far the exploitation of oxidized copper ores has been carried out in several small mining works and tunnels with grades that fluctuate around 1.5 to 2.5 percent copper. Molybdenum anomalies higher than 70 ppm were found on average.