Ann: 320m @ 1.5g/t gold drilled from surface at Tesorito, page-33

Says it all really for those that want to read it.

"1. The result suggests that the higher-grade zone has expanded vertically, extending to within 2m of the surface and at depth. This bodes well for driving strong mining economics in the early years of a potential development of Tesorito South given higher grades at surface.

2. The grade of +2.0 g/t Au over an interval of more than 100m is a significant uplift in grade compared to previous results, which significantly raises the potential grade of the higher grade zone itself.
The intersections of 102m @ 2.11g/t Au and 30m @ 2.47g/t Au are the highest porphyry style grades recorded at Tesorito to date.

3. The intercepted zone of elevated copper 60m @ 1.75g/t Au and 0.12% Cu from 250m is interpreted to be related to the deeper elevated copper zone encountered in TS-DH02 (35m @ 0.19% Cu from 365.5m3 ) raising the possibility of further copper mineralisation at depth.

4. The wide higher grade gold intercepts are comparable to some of the best gold porphyry style intercepts of the entire prolific Mid Cauca Porphyry belt.


Happy to sit on this all year now with money in the bank, 3 rigs currently drilling with 2 at Tesorito south and the other at Chuscal.

Results from hole 9 at Chuscal still to come.