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UNIFICO GMBH

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02<br />

Resources Overview<br />

Uni�co GmbH as a mining company starts its mine cycle with a JORC stated<br />

Inferred Mineral Resource of 148 million tons with copper grade of 1.1%<br />

and gold content of 0.75 g/t. The Company has a ready-to-mine Probable<br />

Mineral Reserve of 1.05 million tons grading 0.85% for copper and 0.34 g/to<br />

for gold. Ongoing exploration towards depth will quickly add further<br />

Resources and Reserves.<br />

Throughout Chile’s history, mining has consistently been a<br />

leading industry in the country. The 1990s marked the<br />

beginning of a boom in Chile’s mining industry, especially<br />

in copper mining, principally due to FDI in the sector. In this<br />

time period Chile had one of the fastest growing economies<br />

in the world and mining accounted for 8.5% of the<br />

GDP and 47% of exports. Moreover, the ongoing establishment<br />

of new technologies, including those aiming to take<br />

better care and advantage of Chile’s natural resources,<br />

promises the mining sector will continue to prosper in<br />

years to come.<br />

The RABIA mine property is located about 600 km north of<br />

Santiago and about 45 km southwest of Vallenar (Provincia<br />

de Huasco), in Northern Chile. The property is readily<br />

accessed from Vallenar or from La Serena by highway and<br />

dirt roads.<br />

According to JORC Code and Guidelines (2004), the<br />

Company starts its mine cycle with a �rst near-surface (30<br />

m) Inferred Mineral Resource of 148 million tons containing<br />

1.63 million tons of copper and 110 tons of gold. The grade<br />

values are 1.1% for copper and 0.75 g/t for gold. Continuing<br />

exploration will quickly add further Resources towards<br />

depth.<br />

The Company has a near-surface (10 m) Probable Mineral<br />

Reserve of 1.05 million tons containing about 9,000 tons of<br />

copper and 0.36 tons of gold. The grades are 0.85% and<br />

0.34 g/t, respectively. This Reserve can be mined immediately,<br />

generating thus quickly positive cash �ow. Ongoing<br />

exploration towards depth will rapidly add further<br />

Measured Resources.<br />

The Company believes its operating costs will be low given<br />

the resource grading, presence of a groundwater stream<br />

on the property, existing infrastructure, easy road and<br />

railway access and proximity to deep water port.<br />

The Company has full title and claims to the RABIA<br />

property.<br />

The property is located in the southern part of the Candelaria<br />

IOCG (Iron Oxide Copper-Gold) Belt of Atacama region<br />

in Northern Chile.<br />

The Company has the legal right to use water resources<br />

found within the limits of its premises.<br />

CORPORATE BROCHURE - 2011

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