San Jose de Gracia
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| • Historic production of over 1,000,000 oz Au with potential for further multi-million ounces of Au • Much of the historical production is from high-grade veins between 1-2 oz Au/t (30-60 g/t) • Significant potential for ~10g Au/t over 5-10m wide in quartz stockwork • Goldgroup to earn 50% by spending US$18 million on exploration and development over 4 years. • US$12 million spent to date • San Pablo Zone Drilling Map • San Pablo and La Union Complete Drilling Results Significant Drill Hole Intersections
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