Peñas Negras

• Peñas Negras covers 120 km2 of claims in highly prospective areas • Surrounded by world-class super giant discoveries • Property exhibits close geological similarities to the neighboring deposits, particularly Filo Del Sol, Josemaria copper-gold porphyry systems and the gold-rich Maricunga porphyries • Cluster of porphyry, epithermal and telescoped porphyry targets identified. Priority targets include: La Pena, Cerro Verde South, Tamberias, La Ollita • Large-scale asset within the Vicuña district • Excellent access and logistics

Significant historic exploration • Anglo American, Vale, Golden Arrow, Eldorado, Solitario Resources, and others have spent years exploring the property during the 1990s and 2000s • Data from these previous explorers include: • Assay results from 9,430m of Reverse Circulation drilling La Ollita • 3,282m of Diamond Drilling (Cerro Verde areas) • Assay results for over 6,141 surface samples • 248 km of ground magnetic surveying • 236 km of IP geophysical surveying • Processed Satellite Alteration (spectral) Imagery

Last October Sendero Resources Corp. announced results of the last two diamond drillholes from its maiden drilling program at Peñas Negras. Highlights include: • PNDH007 (La Ollita) hole, which intersected porphyritic diorite with pervasive quartz-sericite-chlorite alteration. Hole abandoned at 95 m in-hole depth due to intense fracturing which precluded continuation of drilling. No significant assay results. • PNDH008 (La Ollita) intersected andesite and diorite porphyry with pervasive propylitic and phyllic alteration. Analytical results indicate geochemically anomalous Au and Ag from surface to approximately 20 m in-hole depth, corresponding with argillic alteration. Copper is geochemically anomalous below the contact between argillic alteration and underlying phyllic alteration.