Hole MD-053This hole was strategically designed to extend the geological model of the Mocoa porphyry system southward toward the La Estrella target. While grades are lower than those typically reported within the current Mocoa resource area, the significance of MD-053 is geological rather than economic, as it confirms system continuity beyond the established deposit footprint toward the La Estrella target. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could potentially be upgraded to an Indicated Mineral Resource with continued exploration. About the Mocoa Porphyry SystemThe Mocoa Project is located in Colombia's Department of Putumayo, approximately 10 kilometres from the town of Mocoa in the country's south.