The Guayabales Property consists of 247.85 hectares in the Marmato Mining District of Caldas Department, Colombia. The property is located approximately 80 kilometres south of the city of Medellin, and is centered at approximately 1,162,000E, 1,099,000N, Colombian National Grid, Choco projection, or in geographic coordinates at latitude 5.48oN and longitude 75.61oW. Under Colombian law, the property boundaries are determined by coordinate descriptions defined on the original application, and as awarded to the applicant by the Colombian Ministry of Mines and Energy. The property boundaries were located by global positioning satellite survey. The main mineralized zone, known as the Encanto Zone, and sixteen known underground workings occur within the Guayabales Property boundaries.
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