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The DORATO Cordillera del Condor Project, known for its high-grade gold, involved various exploration projects that utilized airborne geophysics and geophysics drilling techniques. This initiative required helicopter transportation for drilling rigs and supplies, as well as the mobilization of exploration crews in the rainforest and effective core shack management. Additionally, securing the necessary mining licenses was essential for the project's advancement.

Trevali's exploration projects included support for Santander and Huampar Mines located in the Central Peru Highlands. Global has managed all the support for the geological work and mine development at Santander Mine, which involved extensive geophysics drilling, totaling 42,000 meters of drilling, geophysics, sampling, mapping, and core shack operations, all conducted under 43-101 standards and compliant with mining licenses.

These two exploration projects, located along the southern coastline of Peru, included geophysics drilling, the construction of a pilot magnetic separation plant, management of the core shack, and a drilling program that features both diamond-drill and reverse circulation drilling techniques, all while ensuring compliance with the necessary mining licenses.

Au Site submitted its file to qualify for mining licenses in Saudi Arabia under the current mining law through the online platform of Tadeen. The process includes multiple meetings with key officials to discuss exploration projects and ensure the timely completion of geophysics drilling requirements.

We successfully completed two phases of drilling for exploration projects, totaling 15,000 meters drilled. This included the management of the core shack and laboratory testing associated with the core samples. The project was conducted in collaboration with CABA Holding in Peru and Global Servicios Mineros SAC, utilizing geophysics drilling techniques and adhering to the necessary mining licenses.
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In association with our affiliated business, Au Site Partners, Global Servicios Mineros SAC has managed USD$ 27.5 million for the development of DORATO´s Cordillera del Condor Project, which encompasses various exploration projects. Additionally, we managed a total of USD $54.8 million for the Santander Project, contributing significantly to its success in securing mining licenses. We also oversaw a budget of USD 10 million for Cardero, allocated for exploration budget work in the PdP and PET projects, including crucial geophysics drilling. Our partners successfully negotiated the sale of Pampa de Pongo to Nanjinzhao for USD$ 100 million. Furthermore, Global managed the USD$18 million budget of Tingo, TREVALI´s power affiliate. In total, our partners managed over USD $300 million of the generated cash flow from Trevali’s mine and the Santander Mines in Peru.

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