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Project pipeline

We believe that significant long-term value can be created for our company by discovering economic mineral resources. We have an experienced geological team and have developed processes utilising computerdesigned models to generate geological theories, which together with extensive on-site prospecting, have allowed us to build a land package of promising sites across the Americas. Furthermore, we have developed disciplined and stringent internal processes to evaluate and prioritise our pipeline of projects in order to adequately allocate financial resources, subject to market conditions and to drill and develop our exploration projects. We believe that this disciplined but flexible strategy will allow us to access attractive mineral resources for the long-term sustainability of our mining business.