2012, page-52

On another note Codelco has completed their initial drilling campaign at the Curionopolis copper/gold project which has licenses adjacent to our serra verde and rio verde licenses. They have opted to retain the three licenses to the north which are the licenses adjacent to Serra Verde. Results from their drill campaign are still pending and I watch the Lara exploration website from time to time waiting for the results to be released.

Link below to the announcement.

http://www.laraexploration.com/AnnouncementRetrieve.aspx?ID=78422

The following link will take you to the Curionopilis project overview which has a map of the licenses.

http://www.laraexploration.com/curionopolis-copper-gold

It's also possible that the licenses adjacent to Rio Verde will be snapped up by Avanco and we might get them quite cheap considering Codelco has passed them on. I also am 100% certain that Codelco will be watching the development of our project closely at Rio Verde. The HGZ development would push up their interest and the recent high grade results from Antas North would also make them envious considering they like to specialise in high grade copper deposits.