19 www gbr eports c om Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE 220 zinc r ela t ed opportunities glob ally which w as whit tled down t o a shortlis t of six opportunities Of these six pr ojec t s A Z C ex ecut ed on it s E cuadorian t ar g e t the highgr ade c opper g old zinc C urip amb a pr ojec t in p artnership with Salaz ar R esour c es pr oviding A Z C with firs t mover adv ant ag e in E cuador f or making ne w disc overies We s tr ongly belie ve tha t the bes t b angf or your buck in explor a tion right now is in E cuador declar ed Chris tian bef or e exp anding on the r e asoning behind inves ting in the C urip amb a pr ojec t The C urip amb a pr ojec t fit s all of our MA objec tives We wer e looking f or an exis ting 10 million t onne r esour c e tha t w as alr e ady ec onomic and with the po t ential t o a t le as t double in siz e In addition the tr ansac tion s truc tur e support s a r a t e of r e turn ROR much gr e a t er than 15 with long t erm pric es including the c os t t o ac quir e the asse t he said F urther north Colombia is also a t tr ac ting signific ant a t t ention Ne wmont Mining the world s sec ond lar g es t g old pr oduc er ac quir ed 199 of V anc ouver b ased g old junior Or osur Mining in Sep t ember 2018 with the vie w t o incr e ase it s shar eholding t o 75 in Or osur s Anz a pr ojec t Howe ver the mining indus tr y in Colombia has no t r ec eived widespr e ad g overnment al support with the b an of mining ac tivities in the so c alled p ar amos ec osys t ems being a p articular blow On t op of this some r e gions have suf er ed fr om artisanal mining and violenc e and the mining c ommunity w as r ock ed on A ugus t 26th 2018 when polic e c onfirmed tha t five work ers wer e mur der ed in a g old mine in the t own of T umer emo in the southern s t a t e of Boliv ar Antioquia Gold a T or ont o b ased junior whose Guaic o mine sit s 55km northe as t of Medellin has no t experienc ed any saf e ty issues a t their oper a tions citing the f avor able loc a tion of it s flagship Cisner os pr ojec t Infr as truc tur e ac c ess and saf e ty ar e superb especially bec ause we have se ver al players in the ar e a such as Anglo Gold A shanti B2Gold R ed Eagle Colombian Mines Arturus V entur es and C uOr o said Gonz alo de L osada pr esident and CEO of Antioquia Gold In the same vein as T or ex Gold Antioquia Gold is intr oducing innov a tive t echnolog y t o impr ove pr oduc tivity Gonz alo elabor a t ed on the or e sorting pr oc ess which works with a sensor b ased machine tha t identifies which r ocks have miner aliz ed ma t erial Highspeed air machines selec tively blow on the piec es with a higher g old c ont ent sep ar a ting them fr om the r es t This pr oc ess is c omple t ed thr ough c olor and density sensors tha t c an de t ec t sulfit es which ar e associa t ed with g old and ar e denser than the r es t of the ma t erial Gonz alo expec t s the or e sorting t echnolog y t o be fully implement ed in Q1 2019 The aim of Muckahi te chnology is to r e duce the time ne cessar y for the mining and tr anspor tation of the or e body to one thir d of the curr ent time Fre d Stanford president and CEO Tore x Gold Resources