The Casaden property
Casaden is located in the district of Magdalena, 890 Km northeast of Lima, within the Chicama–Yanacocha corridor. This area is synonymous with largely successful mining operations led by high profile companies such as Barrick, Gold Fields, Cambior, Buenavantura, etc. Casaden consists of 3 mining concessions, covering an area of 1,600 ha. at an altitude which varies between 1600 and 3740 m above at sea level.

History
Outcrops sampled in Casaden show gold anomalies of up to 1.5 g/t (sample 801: 1426 ppb Au). Outcrops of the Retamas river show gold anomalies of up to 0.5 g/t (sample 839: 526 ppb. Au). The confluence area of faults in the Las Minas stream shows gold anomalies of up to 0.7 g/t Au (sample 826: 698 ppb Au).

Outlook
The Company is planning surface exploration work in 2008 and thereafter, in 2009, a first drilling campaign on the Casaden property.