Technical Information

Resource Estimates

The mineral resources statement as of March 29, 2013 for the Chinapintza Gold Project are:

chart-tech1*Note: These resource estimates allow for an estimated 15% of mineral product mined by past miners. The actual quantity and grade of such mined mineral product is unrecorded.

These resources do not consider minimum cut-off grades nor minimum vein thickness since selective mining of these veins is not likely to be feasible using underground mining methods.

Technical Reports

National Instrument 43-101 (the “NI 43-101″ or the “43-101″) is a mineral resource classification schema used for the public disclosure of information in Canada relating to mineral properties. The 43-101 is a strict guideline for how public companies can disclose scientific and technical information about mineral projects on bourses supervised by the Canadian Securities Administrators.

Date: May 9, 2013

Report: NI 43-101 Technical Report for the Chinapintza Gold Project in Zamora, Ecuador

Qualified Persons: Allen J. Maynard – BAppSc(Geol), MAIG, MAusIMM, Phillip A. Jones – BAppSc(App, Geol), MAIG, MAusIMM

Company: Al Maynard and Associates Pty Ltd