| Laboratory (Sample Prepartion): |
ACME Laboratories Ltd., Quito, Ecuador |
| Laboratory (Analyses): |
ACME Laboratories Ltd., Vancouver, BC, Canada |
| Analytical Method: |
Gold by fire assay with atomic absorption finish using 30g sample.
Copper, molybdenum, silver and zinc by four-acid digestion with ICP (inductively coupled plasma) mass and emission spectrometry using a 0.5 gram sample diluted to 100ml. |
| Supervision: |
Qualified Person – John Drobe (P. Geo, License #20290) |
| Quality Control: |
One in 20 samples submitted to the lab is a Copper Standard sample. An additional one in 10 samples is a duplicate to determine precision. |
| Cautionary Statement |
The Company has completed a number of preliminary assessments of projects in Ecuador that use geological resources in the economic evaluation. It should be noted that these assessments are preliminary in nature and can include inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty the preliminary assessments will be realized. |
