

PROPERTY & LOCATION
The Fenix Gold Project (16,050 Ha) is located in Atacama Region, in the Copiapo Province - Chile, specifically in the Maricunga Mineral Belt, approximately 160 kilometers northeast of Copiapo by International Road CH-31. It is the largest undeveloped gold heap leach project in the Americas.
This is a well-known mining district that contains over 70 million ounces of gold and hosts the La Coipa and Refugio mines, as well as the Volcan, Caspiche, Lobo Marte and Cerro Casale deposits.
The Fenix Gold Project is located approximately 20 km south of Kinross Gold’s La Coipa Au-Ag mine, 60 km north of Kinross’sMaricunga Gold Mine and 40 km north of Hochschild’s Volcan Gold Project.
There are no significant population centers in the immediate vicinity of the Fenix Gold Project. There are a small number of indigenous families within communities who raise crops and livestock in areas of the valleys that drain the region, but none in the immediate vicinity of the Project.

PROJECT HIGHLIGHTS
RESERVES & MINERALES RESOURCES
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Measured + Indicated >> 5 MOZ
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Inferred >> 1,4 MOZ
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Proven + Probable >> 1,8 MOZ
INVERSIÓN
$ 206 MM approx.
EMPLOYMENT GENERATION
DIRECT AND INDIRECT
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Periodo de Construcción > 1.200 aprox.
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Periodo de Operación > 550 aprox.
TOTAL PRODUCTION
1.37 million ounces of gold
PROJECT LIFE
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Construction: 1 year
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Operation: 17 years
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Closing: 1 year