Mexican Silver Belt Concessions — project

Portfolio of seven non-material exploration mining concessions totaling approximately 800 hectares within the high-grade Mexican Silver Belt of central Mexico. Comprises the Patito I and II concessions (~1.5-3.0 km from El Pinguico), the Analy I and II concessions (~100 km east of Guanajuato), the El Ruso and Ysabela concessions (~200 km east of Guanajuato), and the Camila concession (near the Guanajuato/Queretaro border). Patito I and II are held by OMPSA; remaining five concessions are held by Canmex (Canmex Silver). Subject to a 2.5% NSR, of which 1.25% may be repurchased by the Company for US$500,000. No current resources or reserves; not considered material by the Company.