Projects Overview - Antofagasta & Maricunga Regions

Highly Prospective Portfolio

Portfolio Consists of 12  Properties & Over 130,000 Hectares of Prospective Land
ProjectHectaresRegion
Llanos - Gomila Prospect400Coquimbo
Arcas53,100Antofagasta
Quiltro5,700Antofagasta
Lia3,600Antofagasta
Timon4,400Antofagasta
Peineta7,500Antofagasta
Pescado12,300Antofagasta
Carreta24,300Antofagasta
Plato de Sopa6,000Antofagasta
Chavo-Florinda4,800Maricunga
Aladeen1,200Maricunga
Freddie5,200Maricunga
Other3,900Maricunga

Notes:
- The Arcas, Quiltro, Lia and Timon concessions all comprise the Arcas Project, for which a NI 43-101 Technical Report has been completed.
- Aethon has the option to acquire a 100% interest in the properties above, subject to a 2% GSR, by incurring a minimum of $750k of exploration expenditures within 18 months of closing, of which $500k must be incurred within 12 months.