The Company is alsopleased to provide an update on its proposed acquisition (the 'Transaction') of all of the issued andoutstanding shares of Aurea Mining Inc. ('AureaMining'), a wholly owned subsidiary of Argonaut Gold Inc. ('Argonaut'), which through AureaMining's wholly owned subsidiary Minera Aurea S.A. de C.V. ('Minera Aurea'),holds a 100% indirect interest in and to the Ana Paula Gold project (the 'Ana Paula Gold Project'), as well asits option agreement (the 'OptionAgreement') with Argonaut and its wholly owned subsidiary, Compania MineraPitalla S.A. de CV, pursuant to which the Company has been granted an option (the'Option') to acquire a 100% interestin the San Antonio Gold project (the 'San Antonio Gold Project').