ERX 0.00% 12.0¢ exore resources ltd

Exmo. Minister of Economy The company Lusorecursos ARG Lda.,...

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    Exmo. Minister of Economy
    The company Lusorecursos ARG Lda., Headquartered in Calameda de Real, nº 14, parish of Real, 4700-290, Braga, Taxpayer No. 510048757, registered at the Registry of Trade I of Braga, Telephone No. 253 320 000, Fax No. 253 320 050 comes, in accordance with paragraph 1 of Artiga SQ Decree-Law No 88/90 of 16 March, to request the attribution of rights of prospection and mineral deposits from lithium, Tungsten, Tin, Cure, Silver, Ni6b, Tantalo and
    It covers the area with 38.3 Km2, located in the communes of Ponte de Lima, Viana do Castelo and Caminha delimited by the polygonal whose vertices, in coordinates in the system PTTM06
    ETRS89 (European Terrestrial Reference System 1989) are:
    The coordinates are as listed in the document

    Areas within the traverse are excluded from this requirement.
    defined to be subject to rights over geological resources in the public domain, regulated by by Decree-Law No 90/90 of 16 March, in particular the rights arising from prospecting and research contracts, exploration contracts, permits and manifestos still in force as provided in ArtQ 4SQ of the aforementioned legal attached). However, with authorization from the DGEG, these areas may be included in the within the scope of this application, as and when they become available. The general framework of the work to be carried out, based on the knowledge of the in the area to prospect, and the following:


    1. Collection, analysis and reinterpretation of existing documentation and information activities carried out either by the former FMS and the former IGM or by the companies previously involved in prospecting work in the area. lntegration in GIS environment (ArcMap);
    2. Geological mapping of detail and sampling ("Rock chip sampling");
    3. Geochemical analyzes (Li, Sn, Ta, Au-Ag, W-Sn);
    4. Evaluation of sampling and geological mapping. Polling planning
    mechanics;

    s. Metallurgical tests;

    .
    7.
    Geophysical anafises of soundings;
    Conclusions.
    (I.e., ~~~~ - ~~ ------------------
    8. Execution of mechanical probes;
    9. Geochemical analyzes of sounding samples;
    10. Conclusions
    1-yl] -amide -------------------------------------------------- - (I.e.
    11. Execution of mechanical drilling;
    12. Geochemical analyzes of the borehole samples;

    13. Conclusions

    In the case of projects: the work to be carried out in the extensions is dependent on the results obtained in the initial period of the first 3 years. This work plan finds its basis in the existence of indications of ligniniferous, stano-volframytic, auro-argentinean, niobotomantal and
    cuprensas in the required area; The planned investment and € 167 000 (one hundred and sixty-seven thousand euros), as well as the distributed: € 36,000 (thirty-six thousand euros) for the first year, from SS SOO € (fifty-five thousand euros) for the second year and € 7,000 (fifty-five thousand euros) in the third year. Its financing will be made in its entirety by its own funds. For
    an investment of € 7,000 (seventy-five thousand euros) is foreseen for each extension.
 
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