+18,000 hectare land package in coastal belt of Andean Cordillera of Chile on the Atacama Fault Zone.("Chilean Iron-Copper Belt")

• Copper oxide deposit, leachable
• Existing NI 43-101 Resource Estimate (225 million pounds of copper)
• Management with proven track record
• Highly qualified technical team
• Low operating costs of appr. $ 1.00/lb (preliminary calculation)
• Substantial upside potential (resource covers less than 0.1% of total area)

1,900 hectare land package between two of British Columbia's most successful copper mines (Afton and Highland Valley)

• 1,900 hectares 26km from Kamloops, British Columbia, between the Afton and Highland Valley copper mines
• 86 holes drilled on property from 1979 to 2005
• Two large target areas identified
• Recent drilling confirms presence of wide-spread near-surface molybdenum mineralization