Compelling investment opportunity with high leverage to exploration success;
Attractive capital structure with only 40M shares o/s;
Large property position in the prolific Sierra Madre Precious Metal Belt (25M oz of gold plus 1.0B oz silver discovered in the 20 year period to 2015);
Gold-silver footprint over large 15 sq km (5 km x 3 km) area with sporadic drilling intersecting potentially economical grades of gold-silver mineralization over tens of metres over 4 km of mineralized trend, remains open along strike;
Highly experienced technical and business management team with proven value added, mine finding and development experience;
Technical team is in the field advancing exploration activities and continues to review new project option-acquisition opportunities.