ALGARROBO PROPERTY

Nobel29 Resources has the right to acquire 100% interest in the Algarrobo Iron Oxide Copper Gold Ore (IOCG), a potential IOCG style high grade copper property in Chile. The country is a top mining jurisdiction as it is strategically located within 25 km from port and has world-class IOCG deposits within the Major Candelaria belt. Chile’s mining capabilities benefit from close to surface, high grade mineralization within the mining face and has the necessary permitting in place.

With past production in Chile reaching more than 800,000 tonnes at +12% copper and 3-4% copper in the stockpile, it is easy to understand how lucrative this industry is in the country. It’s even more appealing considering how historically underexplored and undercapitalized Chile is and it has the proven leadership to develop future projects.

Strategically Located

Part of coastal IOCG belt in northern Chile, 25 km from the port of Caldera on the Pacific Ocean with access to excellent infrastructure

Proven Model

World-class IOCG deposits nearby include Lundin’s large Candelaria Cu-Au-Ag mine with a potential estimated to be ~30-40 Mt Cu on Algarrobo Project by previous QP

Unexplored

No systematic evaluation of 6,161 ha land package, but ample evidence of mineralization is extensive and near surface. Mining only to shallow depth of deposits (adjacent properties mine >500m depth)

Undercapitalized

Private owner undercapitalize; vendor seeking qualified team to systematically evaluate and put together modern development plan

Ideal Mining Environment

Low altitude (<1,000m above sea level), covered and surrounded by sand

Past-Production

Extensive small-scale mining with more than 800,000 tonnes of +12% copper shipped with a similar amount stockpiled grading 3-4% copper

About the Algarrobo Project The Algarrobo project (the “Project”) is located approximately 850 km north of Santiago, in Region III, Province of Chanaral, Chile. The Algarrobo Project is located in the southern Atacama Desert, with the city of Copiapo located approximately 43 km to the southeast and the port at Caldera 25 km to the east. The Property comprises a total of 6,710 ha (16,581 acres). The Algarrobo Project hosts high grade copper mineralization with exploration and development potential for significant expansion that is consistent with an Iron oxide-copper-gold deposit (IOCG) along the western margin of both the Chilean Iron Belt and the Atacama Fault Zone. The Cerro Negro Norte iron deposit, having and similar structural setting and possible associated IOCG-style mineralization, is located approximately 15 km east of the Algarrobo Project. Manto Verde (120 million tonnes grading 0.73% Cu (Marschik et al 2011), approximately 30 km north) and the Punta del Cobre (>120 Mt grading 1.5% Cu, 0.2 to 0.6 g/t Au, and 2 to 8 g/t Ag (van Angeren 2005)) – Candelaria (Lundin) (366 Mt grading 1.08 % Cu, 0.26 g/T Au, and 5g/T Ag (Raab 2010)) belt (approximately 60 km south) are examples of IOCG deposits similarly located in the belt and are considered to be possible analogues for mineralization and economic potential for the Algarrobo Project. From the 1920’s until 1997, sporadic manual production on a limited basis was undertaken by local miners on extensions of the veins previously mined at the Algarrobo Project. Mining operations to date on the Algarrobo Project, and immediately area, resulted in approximately 35 mines, ranging from near surface workings to more extensive operations extending several hundred metres below surface. The Algarrobo Project has only been exploited to very shallow depths. Within the old mines on adjacent properties to the Algarrobo Project, copper, as copper oxides, were mined to an approximate depth of 120 meters, with copper sulfide ores mined below to greater depth (i.e. 450 meters in the Viuda Mine). The mineralized trends are very well defined by abundant workings, both historical and those arising from more recent work, ranging from shallow pits and workings to mine development extending to depths up to 450 m below surface. Taken together, these workings delineate three major structures and a vast number of minor veins, having clearly evident surface extent of at least 1.3 km, with an interpreted potential surface extent of at least 4 km. In addition to the Major Veins, a number of subordinate, subsidiary and/or undeveloped veins are present between the Major Veins, defining the “Main Mineralized Trend”. Veins on which the more significant workings have been developed are described as ranging between 1.2 and 3.5 metres at, or near, surface, and thickening with increasing depth up to 5 metres. Analyses of select grab samples from the recently developed drifts, False Estaca and Descubridora, document “Direct Smelting Ore” grades of representative grab samples of Brochantite-bearing, high grade “Direct Smelting Ore” from Acme Analytical Laboratories S.A. in Copiapo confirm grades in excess of 30% copper. Independent analysis of a representative grab sample of Brochantite (Cu4SO4(OH)6), submitted to Acme lab in Santiago, returned an analysis of 34.27% Cu and 36 g/t Ag.