Projects Overview - Antofagasta & Maricunga Regions

Highly Prospective Portfolio

Over 100,000 Hectares of Prospective Land
ProjectHectaresRegion
Arcas53,100Antofagasta
Quiltro5,700Antofagasta
Lia3,600Antofagasta
Timon4,400Antofagasta
Peineta7,500Antofagasta
Pescado12,300Antofagasta
Plato de Sopa
6,000Antofagasta
Freddie
5,200
Maricunga
Chavo-Florinda4,800Maricunga
Aladeen1,200Maricunga
Pepe2,900Maricunga

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.