CHS Mine - Copper

CHS Mine contains at least 3 epithermal veins of which the main one has an outcrop of 144 meters long by 57 meters wide and 15 meters high open at depth and length, with copper oxide and gold at high grades, 3-9% for copper and above 1.5ppm of gold. Based on mineralization signs and other shafts, our geologists believe the bodies can have much larger extension (> 1000 meters) and depth (similar bodies in the region have over 300 meters of depth), requiring more studies. This deposit was explored by gold diggers in the period of 1920-1930, who made several shafts of several meters deep to extract the gold and left the copper aside. Our geologists visited the tunnels and confirmed the existence of copper and gold at depth, which is also confirmed by the tailings extracted from such wells at entrance of them. We believe this could be a high grade mid sized deposit. Early stage project but with low environmental risk.