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Marmajito Mining Sector

This group of mines are located in the catchment area of work Marmajito underground mine. They are operating the mines Naranjos, La Picuda and Las Brisas. The first two exploit the seam. Marmajito in its lateral extension and the third operates the hearts of the Grain Córdoba. These mines are located in the hamlet Marmajito, south of town the municipality of Segovia.

MINE COORDINATES EAST AND COORDINATES NORTH

Los Naranjos 931,183.64 1'273,730.24 630 550
La Picuda 932,187.87 1'273,114.64 591 500
Las Brisas 930,845.26 1'273,260.24 690 570

The areas granted by the company Frontino Gold Mines in their respective operation contract are:

Los Naranjos: 9 Ha + 1281.83 m2
The Picuda: 4 HA + 7214.6 m2
Las Brisas: 4 Ha + 629.46 m2

These areas are bounded by the following coordinates.

1 931,173.71 1'273,700.46
2 931,411.94 1'273,827.48
3 931,422.51 1'274,039.10
4 931,092.60 1'274,126.60
COORDINATE E COORDINATE N
1 932,051.43 1'273,191.47
2 932,152.57 1'273,298.64
3 932,404.37 1'273,110.56
4 932,287.72 1'273,000.00
COORDINATE E COORDINATE N
1 930,607.24 1'273,363.31
2 930,814.27 1'273,375.04
3 930,869.35 1'273,219.11
4 930,670.89 1'273,143.91

Marmajito sector mines have operating agreement in effect with the Frontino Gold Mines Company, with a duration of three months, renewable. The areas are well located with respect to farm work today, the Naranjos except mine, which is advancing on a crusade to Córdoba intercepting the vein out of the area. The mine La Picuda has a fixed lower boundary which is already below the lowest level on the contract, are advances are also side that fall outside the allocated area.

Underground work in mines Marmajito sector, are aimed at exploration and exploitation of the grain Marmajito. Los Naranjos exploit their lateral extension westward and the mine's Beaked eastbound; two mines are connected to the main mine workings has 18 levels and the mining company currently operates "ASOMARMAJITO." The Las Brisas mine exploits the superficial vein of the mine Córdoba.