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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