Nuevo Mundo

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MUNICIPIO VENEGAS, SAN LUIS POLOSI & MUNICIPIO CONCEPCION DEL ORO, ZACATECAS, MEXICO

Nuevo Mundo covers 110,811 hectares straddling the border of eastern Zacatecas State and western San Luis Polosi State, and is geologically located along the structural trend known to host Carbonate Replacement Deposits (CRDs) and all of our CRD projects (Sierra Ramirez, Guigui and Cinco de Mayo). It is also not far from Peñasquito and ties onto the eastern boundary of the Camino Rojo gold discovery of Canplats Resources. Reconnaissance work has been carried out and results are pending.

In June 2009 five short holes were drilled in isolated limestone exposures cut by strong gossan outcrops up to 8 metres wide and 200 metres long, reporting high mercury values. Three of the holes reported anomalous arsenic, mercury, antimony and zinc values. The majority of Nuevo Mundo is mantled by cover and work is on-going to develop targets in the more poorly exposed parts of this well located property.