COPPER-GOLD EXPLORATIONS & DEVELOPMENT IN SOUTH AMERICA

Argentina

Coro has its primary development project situated in Mendoza Argentina. The Company received its approval of its Environmental Impact Study in February 2011, and is currently awaiting ratification of this permit.

Chile

The Company has an established exploration pipeline in Chile including:

Its 100% owned Chacay project, which is located 12km south-east of Teck Resources Limited's Relincho Property, and 50km east of the city of Vallenar in the III Region of Chile.

Its Berta project (option to purchase 100%) is located 20k west of PanAust and Codelco's Inca de Ore project, located in III Region of Chile.

The Company also have its Celeste, Talca, Llancahue and El Tapao properties also situated in Chile.