Mirador Norte is the most recently discovered copper deposit, located approximately 3 km north of the Mirador copper-gold project. Copper and gold mineral resources have been identified, which include Indicated resources of 171 million tonnes of 0.51% copper and 0.09 g/t gold and Inferred resources of 46 million tonnes at a grade of 0.51% copper and 0.07 g/t gold. This deposit is exposed at surface, but open at depth and to the south. Mirador Norte increases the estimated resources available for processing at the planned Mirador concentrator by 28% to 11 billion pounds of copper.

The Qualified Person for the resource estimate(s) quoted above is John Drobe, P.Geo, Chief Geologist.