Sierra de Pichiñan

• It is located just 60 km from the Cerro Solo Mining Project, owned by the Argentine government. It has an area of more than 46,000 hectares, located between 600 and 700 meters above sea level. • The project is in the initial exploration stage. The geological studies carried out during it yielded promising results that allow us to infer similarities with the Cerro Solo Deposit. • It is expected that the next stages of exploration will allow corroboration of these results and verify similar characteristics, patterns and reserves. If so, recoverable uranium resources could reach 4,600 tons of ore, considering the indicated and inferred categories. • The average grade of uranium would be between 0.3% and 0.5% (3-5 kg of U/ton); molybdenum would average 0.2%.

Calcrete-type Uranium-Vanadium Deposit.