BORBA 2 GOLD COPPER APPLICATION

Goldplay acquired from European Electric Metals Inc. (“EVX”) an initial 70% equity interest in EVX Portugal (an EVX subsidiary), a private Portugal based company, that has the legal rights to an exploration licence application with the Portugal Government to the Borba 2 exploration property (the “Exploration Application” or “Borba 2”), covering approximately 230 square kilometres in the Alentejo region in Southern Portugal. The Exploration Application is in the final stages of being finalized with the Portugal government. The Exploration Application is not granted yet and there are no guarantees that it will be granted as expected.

The Exploration Application has a well-documented potential to host precious and base metals mineralization often enhanced by the presence of abundant Au and /or Cu mineral occurrences in shear zones and in epithermal systems associated with intra-Ordovician volcanics.

The Exploration Application includes a total of four separate projects including three past producing mines that covers an area of 230 square kilometers as follows.