Chile (gold, copper, cobalt) - Giralia 100%

Giralia continues to hold three mineralised properties in the coastal ranges north of Santiago in Chile, South America through the Company’s subsidiary, Minera Atacamena Ltda. Two projects (Buitre and Boldo) cover areas of historical high grade cobalt mineralisation in skarn/replacement style deposits and one (La Chica) covers an area highly prospective for Candelaria style iron-oxide copper-gold, and porphyry copper mineralisation. There was no work on these properties during the year.