On July 9 2013 Vale secured and mobilized a drill rig to the Santana Property to commence its initial exploration

program.

Initial Drill Program

The proposed 2013 drill program is a 4000m program consisting of roughly 7-9 holes, approx 550m avg. in depth

designed to test a copper-gold porphyry target that has been identified through previous drilling and geophysics.

The Santana Project is located in Sonora State, which is also home to the world-class Cananea Copper Mine

operated by Grupo Mexico SA de CV.

The purpose of this phase of diamond drilling (HQ) is to start building continuity between the previously identified

three main zones (Benjamin, Nicho, and Ubaldo) where a total of 23,000 m has been drilled to date. The linking of

these known zones and the unknown potential at depth could greatly increase the size and tonnage potential of the

project. It is important to note however that numerous targets outside of the main working area have been

identified and will also be drill tested in follow up phases of drilling.