SILVER CLIFF

The Silver Cliff property lies within the historic Hardscrabble Silver District, and consists of 96 lode claims where high grade silver, gold and base metal production came from numerous mines during the period 1878 to 1894. It is located 44 miles WSW of Pueblo Colorado and has year-around access by paved road. The property underwent substantial exploration between 1967 and 1984 for the purpose of defining mineral inventories. The major explorers were Freeport, Hecla, Homestake, Moly Corp, Coca Mines and Tenneco Minerals.

Silver Cliff is thought to overlie a large caldera and porphyry system which increases the prospect’s potential to host a number of deposits from both precious metals to base metals. This has been demonstrated in the mineralogy and grade historically extracted from numerous underground mining operations dating back to the late 1800s and early 1900s.

The Company has an exploration target of 40 to 50 million ounces of silver.

NI 43 101 Current resources, effective April 15, 2018 are:

• Indicated Resources of 2.1Mt grading 84 g/t Ag for 5.6M oz Ag
• Inferred Resources of 3.2Mt grading 70 g/t Ag for 7.1M oz Ag

Multiple exploration targets have been delineated for drilling.