Becker

Prospective for: 'Bonanza-style' Gold & Silver Veins

Location:

The 20 sq km Becker property is located 250 km south of Santiago and 40 km west of the city of Talca.

Ownership:

100% owned.

Previous work:

A 1,683 metre, 18 hole, drill program was completed on the northern part of the Becker concessions, known as the Guindos area, between February and June 2011. Drill results included 3.1 m of 3.9 g/t Au near surface (BK11-13), and 4.6m of 3.3g/t Au plus 9.9 g/t Ag (BK11-03) at 16m depth. Channel sampling at Guindos returned peak values of 8.3 g/t Au and 9.1 g/t Au over 2.5 and 6.0m respectively. The main target on the Becker claims is the Las Lajuelas area in the southern part of the concessions, which remains to be drill tested.

The Las Lajuelas area was subject to regional exploration by a Canadian junior resource company in 1995 which led to the discovery of a 1500 by 1200 m zone within which were found a significant number of quartz vein fragments and boulders up to 4 m in diameter. Follow-up work at the time included backhoe trenching and encountered six quartz veins with strike lengths of up to 350 m and widths varying from 0.5 to 7 m. Sampling at that time returned highly anomalous gold values along the entire vein lengths, with peak values of 23.5, 37.2, 40.7, 63.5, 70.0 and 79.0 g/t Au. There are currently 11 known veins recorded, all of which are open for extension along strike and at depth at the Las Lajuelas area. The Las Lajuelas target has never been drill tested.