Evelyn Gold Project

Summary

Location: In the Caborca Orogenic Gold Belt
- A regionally significant & active gold mining district
- Numerous historic adits on property
- Historical & current artisanal placer mining activity on property
Size: 506 Hectares (5.06 Km²)
Stage: Drill Exploration
Targeting: >1 million ounce of gold – open pit resource
Ownership: 100% owned (No NSRs)
Work Completed:
- 2 Phase Drill Program Recently Completed (approx: 10,000m RC Drilling)
  - 3,122m reported to date - Highlights include intersections of 3m at 12.19 g/t Au + 1m at 33.7 g/t Au
  - 5 hole diamond drill program
  - 3D Induced Polarization Study covering >90% of project
  - Property wide magnetic survey
  - Property wide soil survey
  - Two phases of trench programs
Significant trench results - including 41.0 g/t Au
> 400 surface chip samples - including 43.9g/t Au

Location & Infrastructure

Near a major highway (HWY #2)
Infrastructure and support services are available in city of Caborca (pop. 60,000) – 60km SE of Evelyn
Accommodation, electricity, internet/phone services available in Caborca
Qualified & experienced local workforce
Water is available nearby
Accessible year round by maintained ranch roads

Regional Claims Map

Fresnillo owns in excess of 120k hectares in immediate area as part of a “district consolidation strategy” and is one of Mexico’s largest gold producers and the world’s largest silver producer.

Evelyn includes 4 operating and historic gold mines with 35km, and displays similarities to the structure, mineralization characteristics and also shows the presence of certain indicator minerals found at the La Herradura mine and Noche Buena Mine.

La Herradura Mine