Highlights:

Trenching program to investigate the copper- and gold-in-soils anomalies at the Big Ranch Target underway – to date 11 trenches open and 645 channel samples collected
Recent rock results include 1.33 gpt gold along the IP chargeability trend and 1.22% copper
TR-01 results include 2 metres with an average grade of 0.32% copper and 16 metres with an average grade of 0.20% copper
91.8 line-km of 96 line-km of Induced Polarization (IP) geophysics using gradient array has been completed so far – survey mapped a very prominent chargeability anomaly
17.6 line-km of IP using the Dipole-Dipole array planned to follow-up on the chargeability and geochemical anomalies
The ground geophysical programs also include 96 line-km of radiometric and magnetic surveys to cover the entire Big Ranch Target
Big Ranch drilling commences next month
Preparations for the upcoming public hearings as part of the permitting process of its flagship Três Estradas phosphate project