Amarillo Grande

• Amarillo Grande covers 145 km long trend of uranium mineralization (near-surface) Amarillo Grande has three high-priority properties: Ivana, Anit and Santa Barbara. • Ivana funded: Abatare Spain S.L.U (COAM) to earn up to 49.9% by spending US$35M, advancing Ivana through Feasibility & testing exploration targets. • COAM can further earn up to 80% by funding up to US$160M in capital costs to achieve production. • Recent Infill Program included 328 holes totaling 4,959 metres of reverse circulation drilling, with holes averaging 15 metres in depth. The objectives of the program were: To confirm the continuity of the mineralization within the deposit; to refine mineralization/deposit limits; and to support upgrading the classification of some of the current inferred resources in a future mineral resource estimate update. To date, a total of 1,166 drill holes comprising 15,828 metres of RC drilling have been completed at the Ivana Deposit.

• Mined mill feed may be delivered directly to the processing plant or stockpiled.
• Mill feed will then be processed in two stages.
• The net process recovery is 85% for uranium and 53% net for vanadium.

1,5 millones de libras de U3O8 (PEA)

• 17 million pounds of uranium and 8.1 pounds of vanadium as Measured resource
• 3.8 million pounds of uranium and 2.4 million pounds of vanadium as Inferred resource