Ann: Peru's New Exploration Regulations Now in Force, page-11

Hi all,

I am getting a bit confused why we are not getting the application into MEM now to drill something at Cerro Rayas? We have not drilled for over 6 months now, so surely now that the new regulations are in place, we would have been 1st in line to apply?

Per the latest release, they are continuing mapping and sampling in the area. Why couldn't this have been completed in the last 6 months?

I know everyone says this is a long game, but patient shareholders have waited long enough. Get the application going for the most promising target now and get on with drilling!!