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The Sayani property is located approximately 25 kilometres southeast of Minascassa and 380 kilometres northwest of Arequipa. Access to the property is by gravel road and horseback. Sayani is comprised of two exploration concessions totalling 2,000 hectares and is 100% owned by Collasuyo.
The property is underlain by rocks of the Pucara Group of Triassic-Jurassic age which is a significant host to lead-zinc deposits in southern Peru. Several areas containing oxide lead-zinc mineralization have been identified on the property and limited sampling has shown that these areas contain high values of zinc, lead and silver over widths of two metres to three metres. Two channel samples collected at right angles to the strike of the areas assayed 13.7% zinc, 2.37% lead and 15.5 grams per tonne silver over 3.6 metres and 12.0% zinc, 7.4% lead and 42.3 grams per tonne silver over two metres. A program of detailed geological mapping and sampling is recommended to evaluate the potential of this area.
Vern Arseneau is the Qualified Person, in accordance with the requirements of
National Instrument 43-101, who has prepared, or supervised the
preparation of, the above scientific and technical information regarding
the Sayani property.