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Re: *Hutch* post# 12355

Sunday, 12/09/2012 1:49:28 PM

Sunday, December 09, 2012 1:49:28 PM

Post# of 30011
This is from cnsx monthly progress report published by MSX on December 6,2012.

I would consider this most current:

On November 19, 2012, the Company announced legal disclosures on proceedings at the 23d Civil Court in Santiago: case C- 17.273-2012, Jorge Lopehandia v. Fisco de Chile (Chilean Government).
The action's objective is to nullify the Pascua Lama Protocol, legally called: Protocolo Adicional Específico de Integración y Complementación Minera, “Pascua Lama,” as published at Diario Oficial de Chile, December 11, 2004.
A writ for dilatory extensions was presented on behalf of FISCO DE CHILE, Defendant, v. Jorge Lopehandia, Plaintiff, by CDE (Consel for the Defense of the State). Clients, users and beneficiaries of CDE are: President of the Republic of Chile, Ministries, Institutions, dependent services agents of the State and Regional Governments at all levels.
Mr. Lopehandia had submitted evidence of improper inclusion of the TESOROS concessions by Barrick Gold Corporation's Chilean subsidiaries, in the Protocol.
Specifically that, MINERA NEVADA LIMITADA had no title to the TESOROS concessions which remain under injunction on title, C-1912-2001 valid to date, in Mr. Jorge Lopehandia's name.
The impeached TESOROS concessions are included as an asset in the Protocol (or as an asset of BARRICK GOLD CORPORATION, to date); hence the action to nullify the TESOROS concessions as being subject to the Protocol.
The investigation by the Chilean authorities as to the Pascua Lama Protocol is now continuing.
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