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Ann: Significant Copper & Silver sampling results in Peru, page-2

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    SIGNIFICANT Cu-Ag RESULTS OVER 2% COPPER AND UP TO
    929g/t SILVER
    HIGHLIGHTS
    Picha Project three new targets confirmed
    Ichucollo Target with channel samples (2m x 0.20m) up to 2.69% Cu and
    selective rock chips of 2.43% Cu, 1.34% Cu and 394ppm Mo.
    Occsani Target with channel samples (0.5m x 0.2m) up to 2.14% Cu and rock
    chip samples up to 2.48% Cu, 92g/t Ag and 200ppm Mo.
    Chullunquiani Target with channel samples (0.5m x 0.2m) up to 5.57% Pb and
    5.33% Zn.
    Picha Project Huancune target
    Further channel samples returned assays of 2.82%, 2.03% and 1.72% Cu
    Charaque Project
    Huallatani Target with a channel sample (0.3m x 0.2m) of 538g/t Ag and
    19.5% Pb and dump samples, from historical artisanal mining, up to 43.2g/t
    Ag and 7.74% Pb
    Arco Target with channel samples (2.0m x 0.2m) up to 929g/t Ag and another
    up to 0.98% Cu, with five channel samples returning assays greater than
    60g/t Ag.
    Phase one 5,000m maiden diamond drilling program planned to
    commence in the September quarter, permitting processing advancing
    subject to government approvals.
    Follow-up work at new targets to include further surface sampling,
    geological mapping and ground geophysics
 
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