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  • voodoo.three voodoo.three Jul 6, 2011 3:34 AM Flag

    Who owns Mina Pascua - Report by Expert

    3. Titles and certificates for TESOROS ONE 1-30 to TESOROS TWELVE 1-5, as shown on the attached copy, are registered in the name of Jorge Rodrigo Lopehandia Cortes as valid legal titleholder of same, as shown on the registration of mandato [order, commission] of legal rights, on the margin of the deeds, as at January, 2011.

    Conclusion regarding legal authority to title deed, as at January, 2011.

    To this date. there are no annotations of any kind on the margin which affect them in 2011, in favour of Barrick Gold Corporation - ABX de Canada. Barrick Chile or Minera Nevada Limitada. according to original copies of same, which are before me. The original 2011 copy does certify by means of a marginal annotation the litigious rights of Mr. Jorge Rodrigo Lopehandia Cortes. as of today, as first legal title under law.

    It should be mentioned that the expert surveyor who surveyed the properties left a note on the deed [of] the TESOROS concessions, on page two, recording that:

    "the concessions are delimited by the perimeter comprised by CAMPAMENTO MINA PASCUA where there are visible exposures of minerals and exploration works". (MINA PASCUA PROJECT), "of MINERA NEVADA. S.A:•

    My opinion is backed up by the TESOROS ONE 1-30 Deed and the Ownership Certificates granted on January 14, 2011 by the Registrar of Mines at Vallenar, in respect of the TESOROS ONE 1-30 to TESOROS TWELVE 1-5 properties, which show the name Mr. Jorge Rodrigo Lopehandia Cortes as the last valid annotation of lawful and current legal rights to date. as shown on the margins of the title deeds, copies of which I am attaching to this, my TECHNICAL REPORT.

    PASCUA LAMA PROTOCOL

    1.-Consider the attached {copy] of CHILES OFFICIAL GAZETTE. page 8. December 11.2004, in which the PASCUA LAMA PROTOCOL was published, and on its page 8, under concessions, with number 1 is the AMARILLOS 1-3000 property.

    2.-Consider the same PASCUA LAMA PROTOCOL on its page 8, under concessions, that MINERA NEVADA Limitada includes the surveyed concessions TESOROS ONE 1-30 to TESOROS TWELVE 1-5 and given that these were. since June 06, 2001. under PRECAUTIONARY PREJUDICIAL MEASURE C-1912-2001. Thus registered and certified by the Registrar of Mines at Vallenar, as at 2011. in the title deeds I have before me and attached to this report.

    In accordance with the Title Deeds and the Ownership Certificates current as at 20 II, the deeds do not register any dominion valid in Chile as at January. 20 II. which hands over dominion or property to BARRICK GOLD CORPORATION. BARRICK CHILE or MINERA NEVADA L1MITADA. This legal privilege corresponds. To today's date. to Mr. Jorge R. Lopehandia. according to current Title Deeds and Ownership Certificates. which are before me and which am attaching to this Report having been granted by the Registrar of Mines with jurisdiction over the areas of the Mina Pascua project in Chile.

 
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