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Figure 1

Figure 1

Plan view of the Chelopech area showing deep drill intercepts below -200 mRL, including newly reported holes in bold, and the interpreted footprint of the mineralization. The silica envelope of high-sulphidation (HS) type mineralization domains is projected from mine levels. The projected extent of porphyry related phyllic and potassic alteration zones is estimated from drill core logging and geochemical indicators, including elevated Mo, paragonitic muscovite and high Zr/Ti rations in the phyllic zone, and elevated K/Al and/or magnetite in the potassic zone.