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Regulus Reports 504.15 m of 0.36% Cu, 0.19 g/t Au, 2.91 g/t Ag (0.53% CuEq) in Clean, Low-Arsenic Mineralization at the AntaKori Copper-Gold Project

Drill Results

NEWS RELEASE

Regulus Reports 504.15 m of 0.36% Cu, 0.19 g/t Au, 2.91 g/t Ag (0.53% CuEq)

in Clean, Low-Arsenic Mineralization at the AntaKori Copper-Gold Project

November 19, 2019, (Vancouver, BC) - Regulus Resources Inc. ("Regulus" or the "Company", REG TSX.V) is

pleased to announce the results from four additional drill holes from its ~25,000 m Phase II drill program, the aim of

which is to expand and infill resources at the Company’s AntaKori copper-gold project in northern Peru. Holes AK-

19-035 and AK-19-037 were successful in expanding the footprint of mineralization at AntaKori and provide further

evidence to the Company’s theory that moving to the north of the property (Anta Norte), the bulk of mineralized

material contains low-arsenic skarn and porphyry hosted mineralization. Hole AK-19-035 confirms the continuity of

low-arsenic, moderate-grade mineralization between the previously released AK-19-030 and AK-19-034, while AK-

19-037 demonstrates the upward continuity of the mineralization observed in Hole AK-19-034. Hole AK-19-033A

was designed as a replacement to the lost AK-19-033, and successfully upgraded the confidence level of existing

resources. Hole AK-19-036, apart from infilling a gap in the resource model, has started to outline the eastern margin

of the skarn-style mineralization which was expected and helps with our goal of defining the extent of mineralization,

and ultimately the overall footprint of the orebody. Results for drill holes AK-19-033A, AK-19-035, AK-19-036 and

AK-19-037 are reported in Table 1.

Highlights from drill holes AK-19-033A, AK-19-035, AK-19-036 and AK-19-037 - AntaKori Project:

● AK-19-035:

o 110.37 m of 0.27% Cu, 0.17 g/t Au and 4.92 g/t Ag (0.43% CuEq) from 238.15 m

o 151.05 m of 0.28% Cu, 0.19 g/t Au and 4.15 g/t Ag (0.45% CuEq) from 371.80 m

▪ Including 38.00 m 0.43% Cu, 0.33 g/t Au and 10.08 g/t Ag (0.75% CuEq) from 394.10 m

o 625.30 m of 0.33% Cu, 0.17 g/t Au and 2.67 g/t Ag (0.48% CuEq) from 570.70 m

▪ Including 504.15 m of 0.36% Cu, 0.19 g/t Au, 2.91 g/t Ag (0.53% CuEq)

• Including 28.58 m of 0.33% Cu, 0.51 g/t Au and 3.90 g/t Ag (0.73% CuEq) from 734.92

• And 54.15 m of 0.71% Cu, 0.15 g/t Au and 1.81 g/t Ag (0.83% CuEq) from 1046.05 m

o Mineralization hosted primarily in low-As skarn and porphyry material throughout entire hole

o From 1,200.78 m to a total depth of 1,321.98 m the hole was drilled on claims belonging to the

Colquirrumi earn in agreement (see news release of April 3, 2017)

● AK-19-033A:

o 253.90 m of 0.36% Cu, 0.32 g/t Au and 10.15 g/t Ag (0.68% CuEq) from 235.40 m

▪ Including 46.00 m of 0.52% Cu, 0.43 g/t Au and 9.75 g/t Ag (0.91% CuEq) from 235.90 m

▪ And 28.25 m of 0.40% Cu, 0.35 g/t Au and 19.54 g/t Ag (0.83% CuEq) from 305.55 m

▪ And 48.90 m of 0.48% Cu, 0.26 g/t Au and 15.84 g/t Ag (0.81% CuEq) from 342.90 m

o 113.82 m of 0.27 Cu, 0.17g/t Au and 3.35 g/t Ag (0.42% CuEq) from 502.08 m

● AK-19-036:

o 18.30 m of 0.40% Cu, 0.19 g/t Au and 8.92 g/t Ag (0.62% CuEq) from 312.40 m

o 10.80 m of 0.50% Cu, 0.57 g/t Au and 10.31 g/t Ag (1.00% CuEq) from 390.80 m

o Defined the eastern most limits of the deposit

● AK-19-037:

o 69.60 m of 0.31% Cu, 0.15 g/t Au and 15.6 g/t Ag (0.56% CuEq) from 234.80 m

o 179.90 m of 0.22% Cu, 0.22 g/t Au and 6.95 g/t Ag (0.44% CuEq) from 360.00 m

▪ Including 38.20 m of 0.35% Cu, 0.50 g/t Au and 18.14 g/t Ag (0.87% CuEq) from 413.10 m

o 178.70 m of 0.21% Cu, 0.29 g/t Au and 2.74 g/t Ag (0.45% CuEq) from 570.35 m

o 63.35 m of 0.36% Cu, 0.07 g/t Au and 2.43 g/t Ag (0.43% CuEq) from 1229.75 m

o Mineralization hosted primarily in low-As skarn and porphyry material throughout entire hole

o From 600.13 m to a total depth of 1,489.30 m, the hole was drilled on claims belonging to the

Colquirrumi earn in agreement (see news release of April 3, 2017)

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John Black, Chief Executive Officer of Regulus, commented as follows: “Drilling along the edges of the prominent

magnetic high geophysical target to the north of our project continues to provide evidence that our geological theory

at AntaKori is correct, that as we move to the north (Anta Norte), we’re moving toward cleaner mineralization. The

grades in holes AK-19-035 and AK-19-037 are very similar to what we saw in the previously released hole AK-19-

034. The only difference was Hole AK-19-034 also intersected a high sulphidation structure that carried higher-grade

mineralization, but with higher arsenic values. The very long runs of clean, moderate-grade mineralization that both

AK-19-035 and AK-19-037 intersected will not only expand the size of our current resource, but they also have us

very excited about testing the geophysical targets to the north and northeast from more advantageous setups, once we

receive drilling permits.”

Discussion of Results

Table 1 below provides more details regarding the mineralized intercepts encountered in drill holes AK-19-033A,

AK-19-035, AK-19-036 and AK-19-037. The locations of the reported drill holes are indicated on Figure 1. These

holes are part of the Phase II drilling program projected to consist of approximately 25,000 m of drilling to be

completed by H1 2020.

Table 1. AntaKori Holes AK-019-033A, AK-19-035, AK-19-036, AK-19-037

Drill Hole Cutoff

(CuEq%)

From

(m)

To

(m)

Interval

(m)

Cu

(%)

Au

(ppm)

Ag

(ppm)

As

(ppm)

CuEq

(%)

AK-19-033A

Interval 0.2 0.00 39.25 39.25 0.06 0.34 5.96 124 0.36

Interval 0.2 235.40 489.30 253.90 0.36 0.32 10.15 369 0.68

including 0.5 235.90 281.90 46.00 0.52 0.42 9.75 1,536 0.91

and 0.5 305.55 333.80 28.25 0.40 0.35 19.54 96 0.83

and 0.5 342.90 391.80 48.90 0.48 0.26 15.84 169 0.81

Interval 0.2 502.08 615.90 113.82 0.27 0.17 3.35 262 0.42

Total depth 675.40

AK-19-035

Interval 0.2 187.10 219.41 32.31 0.15 0.08 12.70 752 0.33

Interval 0.2 238.15 348.52 110.37 0.27 0.17 4.92 117 0.43

including 0.5 307.30 336.35 29.05 0.40 0.29 8.96 153 0.69

Interval 0.2 371.80 522.85 151.05 0.28 0.19 4.15 183 0.45

including 0.5 394.10 432.10 38.00 0.43 0.33 10.08 464 0.75

Interval 0.2 576.70 1,202.00 625.30 0.33 0.17 2.67 59 0.48

including 0.2 640.15 1,144.30 504.15 0.36 0.19 2.91 62 0.53

including 0.5 734.92 763.50 28.58 0.33 0.51 3.89 36 0.73

and 0.5 811.50 852.52 41.02 0.36 0.20 6.46 69 0.56

and 0.5 877.15 915.70 38.55 0.34 0.31 4.69 18 0.60

and 0.5 1,046.05 1,100.20 54.15 0.71 0.15 1.81 29 0.83

Interval 0.2 1,231.00 1,252.15 21.15 0.35 0.05 1.25 300 0.39

Total depth 1,321.98

AK-19-036

Interval 0.2 312.40 330.70 18.30 0.40 0.19 8.92 238 0.62

Interval 0.2 390.80 401.60 10.80 0.50 0.57 10.31 206 1.00

Interval 0.2 415.75 426.90 11.15 0.17 0.31 3.66 401 0.43

Total depth 882.00

AK-19-037

Interval 0.2 234.80 304.40 69.60 0.31 0.15 15.60 160 0.56

Interval 0.2 360.00 539.90 179.90 0.22 0.22 6.95 251 0.44

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including 0.5 413.10 451.30 38.20 0.35 0.50 18.14 656 0.87

Interval 0.2 570.35 749.05 178.70 0.21 0.29 2.74 128 0.44

Interval 0.2 813.10 931.00 117.90 0.20 0.13 4.56 89 0.34

Interval 0.2 1,229.75 1,293.10 63.35 0.36 0.06 2.43 288 0.43

Interval 0.2 1,490.60 1,509.50 18.90 0.30 0.03 4.83 372 0.36

Interval 0.2 1,542.10 1,558.90 16.80 0.24 0.04 2.32 417 0.29

Total depth 1,565.63

The grades are uncut. Cu Eq and Au Eq values were calculated using copper, gold and silver. Metal prices utilized for the cal culations are Cu –

US$2.25/lb, Au – US$1,100/oz, and Ag – US$14/oz. All intervals presented above consist of sulphide mineralization. No adjustments were made for

recovery as the project is an early stage exploration project and metallurgical data to allow for estimation of recoveries is not yet available. The

formulas utilized to calculate equivalent values are Cu Eq (%) = Cu% + (Au g/t * 0.7130) + (Ag g/t * 0.0091) and Au Eq (g/t) = Au g/t + (Cu% *

1.4026) + (Ag g/t * 0.0127).

Drill Hole AK-19-033A was drilled with an azimuth of 211 degrees and an inclination of -80 degrees (Figure 2). The

purpose of this hole was to convert inferred resources to indicated resources in the current block model. As well, this

hole replaced Hole AK-19-033 which had to be abandoned before it’s intended depth due to poor ground conditions.

The top 270 m of the hole is dominated by Miocene tuffs of the Calipuy Formation exhibiting strong advanced argillic

alteration dominated by quartz-illite-pyrite (QIP) to 107 m and thereafter alternating patches of quartz-pyrophyllite-

(kaolinite)-pyrite with QIP. Mineralization in the interval is patchy and generally weak, consisting of disseminated

enargite and pyrite.

From 270.5 m to 516.6 m, the hole encountered Chulec Formation skarn exhibiting retrograde alteration with chlorite-

epidote, minor magnetite and between one and two percent fine-grained chalcopyrite. The skarn is oxidized below the

volcanic rocks (paleoregolith) to approximately 300 m depth although the oxidation is weak compared to other areas

of the project. A major interval of cross-cutting breccias occurs from 310 m to 345 m, with clasts of skarn in an argillic

milled-matrix. The breccias have a pervasive silica-clay alteration, however they are moderately- to well-mineralized

with fine grained chalcopyrite (to 2%) and traces of molybdenite.

From 516.6 m to 617.9 m, the hole encountered Inca Formation skarn and hornfels, with the upper part of the interval,

to approximately 566 m, consisting of retrograde skarn dominated by chlorite and magnetite, with 0.5% to 1.0% fine-

grained chalcopyrite. Chalcopyrite occurs mostly in veins with anhydrite and pyrite, with a lesser number of quartz-

pyrite-chalcopyrite veins. The deeper part of the Inca Formation, from 566 m to 617.9 m, is mostly hornfels and

quartzite with persistent veining.

From 617.9 m to 621.1 m, a narrow porphyry dyke intrudes along the contact between the Inca Formation and the

underlying Farrat Formation, which consists of massive quartzite with intervals of arkose until the end of the hole at

675.4 m. There is abundant gypsum/anhydrite and pyrite veining, with trace amounts of molybdenite but no significant

copper mineralization.

Drill Hole AK-19-035 was drilled with an azimuth of 053 degrees and an inclination of -71 degrees (Figure 3). The

purpose of this hole was to test the prominent magnetic-high geophysical target to the north.

From 1 m to 290.7 m, the hole cuts volcanic tuffs of the Calipuy Formation exhibiting strong advanced argillic (AA)

alteration characterized by quartz-pyrophyllite-pyrite to quartz-illite-pyrite ±dickite. The volcanic rocks are weakly

mineralized with enargite, tetrahedrite and chalcocite. About six percent of the interval consists of several narrow

polymictic, milled-matrix breccias which cut the volcanic rocks and are also altered to AA but are slightly better

mineralized with about one percent very fine chalcopyrite present as relicts in clasts.

At 270.7 m the hole encountered skarn of the Chulec Formation which is oxidized (paleoregolith) from the

unconformity at 290.7 m down to approximately 337 m depth. From 305 m to 332 m, the skarn is brecciated with

angular clasts of skarn and quartzite in a chlorite-rich matrix, and from 332 m to 346 m the skarn is massive retrograde

skarn with traces of endoskarn. Mineralization in the skarn interval averages around 2% chalcopyrite, with stronger

mineralization in the brecciated part.

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From 346 m onwards there is a long interval of strongly altered intrusive rock exhibiting a strong texture destructive

silica-clay-pyrite alteration overprinting an earlier, probable sericite-chlorite alteration. Below 400 m there is

increased presence of gypsum, suggesting that the earlier assemblage was chlorite-sericite with anhydrite veining.

From 394 m to 404 m and subsequently from 438 m to 481 m, there are intervals of endoskarn in intrusive and/or

exoskarn. They show a similar level of mineralization to other skarn intervals, with 1.5% to 2% chalcopyrite.

A zone of numerous faults from 575 m to 585 m has localized a late rhyolite intrusive from 584 m to 586 m; below is

an interval consisting largely of endoskarn which continues to 771.5 m. The retrograde endoskarn alteration is

characterized by chlorite, magnetite and epidote. The interval is moderately well mineralized with up to 2%

chalcopyrite which occurs in veins with quartz, pyrite and magnetite. An interval of flow-banded, late-stage rhyolite

occurs from 771.5 m to 785 m; this interval contains minor sphalerite, but no significant copper mineralization.

From 785 m to 1,192 m there is a long interval of porphyritic intrusive rock exhibiting quartz-sericite-pyrite

overprinting a strong chloritic alteration. The interval is moderately mineralized with quartz-pyrite-chalcopyrite-

(calcite, chlorite) veining. Mineralization is more intense from around 1,050 m to 1,100 m. This corresponds to the

gypsum front and the preservation below this level of anhydrite -chalcopyrite-pyrite veining. Below 1,100 m,

mineralized veins are more sporadic down to the contact with the Farrat Formation at 1,175 m.

From 1,175 m there is a 10 m interval of arkose sediments and then a further 8 m of porphyry until, at 1,191.7 m, the

hole passes into Farrat Formation quartzites. Apart from two thin fingers of porphyry (~2 m or less), the hole remains

in Farrat Formation quartzites with thin arkose horizons, to the end of the hole at 1,321.98m.

Drill Hole AK-19-036 was drilled from an azimuth of 080 degrees and an inclination of -69 degrees (Figure 4). The

purpose of this hole was to infill a gap in the existing resource model and test the extents of the system to the east.

The hole begins in volcanic rocks of the Calipuy Formation and continues until 66 m, with strong advanced argillic

alteration, however there is no associated mineralization.

From 66 m to 100.6 m, the hole cuts massive marble of the Chulec Formation; after a series of faults between 92 m

and 100 m there occurs a 9 m zone of barren endoskarn with strong retrograde ch-ep-py alteration. At 109.7 m, this is

cut by a fine-grained intrusive with advanced argillic alteration. From 122.6 m, the hole reverts to a fine-grained,

plagioclase- and biotite-phyric intrusive. This unit is moderately oxidized with an underlying silica-chlorite-pyrite

alteration. From 160 m to 186 m is a zone of massive skarn intercalated with hornfels; it is largely unmineralized but

with occasional clots of Cu-Pb-Zn sulphides.

The intrusive continues until 223 m, unmineralized and altered with qz-sericite-chlorite. From 223 m to 413 m is a

thick interval of massive skarn with marble bands of the Chulec Formation cut by small intrusive dykes. There is weak

chalcopyrite in the skarn sections, with occasional 1 m or 2 m zones of massive magnetite-sulphide which contain up

to 5% chalcopyrite. From 413 m to 526 m is the Inca Formation, consisting of massive skarn (45%), hornfels (45%)

and arkose sediments (10%). At 526 m the hole passes into Farrat Formation quartzites and remains in that unit until

end of the hole at 882 m.

Drill Hole AK-19-037 was drilled with an azimuth of 049 degrees and an inclination of -55 degrees (Figure 5). The

purpose of this hole was to follow up on the previously released hole AK-19-034, drilling from the same drill pad but

at a shallower angle to test the vertical extent of mineralization above AK-19-034.

From surface to 253 m, the hole intercepted Miocene volcanic rocks of the Calipuy Formation exhibiting pervasive

silica-clay-pyrite alteration with weak mineralization characterized by occasional pyrite-enargite veins. From

approximately 235 m depth, there is a more intense clay-rich alteration and brecciated texture, which is accompanied

by increased number of pyrite-chalcopyrite veins. There is a faulted contact at 253.3 m between the Calipuy Formation

volcanic rocks and underlying skarns.

From 235 m to 688.5 m, the hole encountered a mixed sequence of Chulec Formation skarn and intrusive rocks. The

skarns consist of brecciated skarn (intervals 258 m to 288 m and from 414 m to 453 m), prograde skarn with red garnet

and pyroxene and intervals of pervasive retrograde skarn of variable intensity characterized by chlorite, epidote and

lesser magnetite. The breccia intervals have more intense magnetite and also chalcopyrite. Intrusive rocks with

porphyry texture hosting endoskarn occur from 307 m to 320 m, from 382 m to 386 m, 543 m to 570 m and from 615

5

m to 636 m. These intervals exhibit largely quartz-sericite-pyrite alteration, with weak chalcopyrite mineralization

hosted in veins along with quartz, calcite, chlorite and pyrite. Mineralization in the skarn consists of vein-hosted and

disseminated chalcopyrite and sphalerite. Sphalerite is abundant in the upper part of the interval, diminishing after

around 530 m.

From 688. 5m to 973 m, the hole cuts intrusive rocks with approximately 40% altered to endoskarn. The parts with

preserved texture show a quartz-sericite-chlorite alteration with veins of quartz-pyrite-chalcopyrite-magnetite.

Mineralization in this interval is moderate, with chalcopyrite being the abundant mineral. In a narrow interval from

973 m to 985 m, Inca Formation skarn, quartzite and hornfels are observed, passing downwards into the Farrat

Formation. From 984.6 m to the end of the hole at 1,567.18 m, Farrat Formation quartzites are intersected, cut by a

series of intrusive and breccia units. Mineralization occurs as chalcopyrite veins and disseminated chalcopyrite.

True Widths

The true widths of the mineralized intervals reported in Table 1 are difficult to ascertain and additional drilling and

geologic modelling will be required to better constrain the geometry of the mineralized zones. High-sulphidation

epithermal mineralization within the Miocene volcanic sequence is characterized by extensive zones of low to

moderate-grade disseminated and fracture -controlled mineralization that enclose zones of higher-grade

mineralization. These higher-grade zones consist of irregular pyrite-enargite veins, veinlets, and open space infilling

that exhibit both a subvertical structural control and a subhorizontal permeability or manto control within the volcanic

sequence. The margins of the higher-grade, high-sulphidation epithermal zones are generally not sharp or planar in

nature. Skarn-style mineralization in the Cretaceous sedimentary sequence is mainly controlled by the subhorizontal

stratigraphy and reported mineralized intercepts are probably close to true thicknesses, as the drill holes are steeply

inclined at minus 55-80 degrees.

Further Work

Approximately 12,600 m have been completed of the Phase II drilling program to date. There are currently four drills

on site completing holes AK-19-039, AK-19-040, AK-19-041 and AK-19-042. Hole AK-19-038 was recently

completed, however complete assays have yet to be received.

Qualified Person

The scientific and technical data contained in this news release pertaining to the AntaKori project has been reviewed

and approved by Dr. Kevin B. Heather, Chief Geological Officer, FAusIMM, who serves as the qualified person (QP)

under the definition of National Instrument 43-101.

For Further Information, please contact:

Regulus Resources Inc.

John E. Black

CEO / Director

Phone: +1 303 618-7797 mobile

+1 720 514-9036 office

Email: [email protected]

Adam Greening

Vice President, Corporate Development

Phone:+1 647 923 7799

Email: [email protected]

Laura Brangwin

Manager, Investor Relations

Phone: +447517313833

Email: [email protected]

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About Regulus Resources Inc. and the AntaKori Project

Regulus Resources Inc. is an international mineral exploration company run by an experienced technical and

management team, with a portfolio of precious and base metal exploration properties located in North and South

America. The principal project held by Regulus is the AntaKori copper-gold-silver project in northern Peru. The

AntaKori project currently hosts a resource with indicated mineral resources of 250 million tonnes with a grade of

0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 %

Cu, 0.26 g/t Au, and 7.8 g/t Ag (see press release dated March 1, 2019). Mineralization remains open in most directions

and drilling is currently underway to confirm and increase the size of the resource.

For further information on Regulus Resources Inc., please consult our website at www.regulusresources.com.

Sampling and Analytical Procedures

Regulus follows systematic and rigorous sampling and analytical protocols which meet and exceed industry standards.

These protocols are summarized below and are available on the Regulus website at www.regulusresources.com.

All drill holes are diamond core holes with PQ, HQ or NQ core diameters. Drill core is collected at the drill site where

recovery and RQD (Rock Quality Designation) measurements are taken before the core is transported by truck to the

Regulus core logging facility in Cajamarca, where it is photographed and geologically logged. The core is then cut in

half with a diamond saw blade with half the sample retained in the core box for future reference and the other half

placed into a pre-labelled plastic bag, sealed with a plastic zip tie, and identified with a unique sample number. The

core is typically sampled over a 1 to 2 metre sample interval unless the geologist determines the presence of an

important geological contact. The bagged samples are then stored in a secure area pending shipment to a certified

laboratory sample preparation facility. Samples are sent by batch to the ALS laboratory in Lima for assay. Regulus

independently inserts certified control standards, coarse field blanks, and duplicates into the sample stream to monitor

data quality. These standards are inserted “blindly” to the laboratory in the sample sequence prior to departure from

the Regulus core storage facilities. At the laboratory samples are dried, crushed, and pulverized and then analyzed

using a fire assay-AA finish analysis for gold and a full multi-acid digestion with ICP-AES analysis for other elements.

Samples with results that exceed maximum detection values for gold are re-analyzed by fire assay with a gravimetric

finish and other elements of interest are re-analyzed using precise ore-grade ICP analytical techniques.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX

Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

Certain statements regarding Regulus, including management's assessment of future plans and operations, may constitute forward-

looking statements under applicable securities laws and necessarily involve known and unknown risks and uncertainties, most of

which are beyond Regulus' control. Often, but not always, forward-looking statements or information can be identified by the use

of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends",

"anticipates" or "does not anticipate" or "believes" or variations of such words and phrases or statements that certain actions,

events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Specifically, and without limitation, all statements included in this press release that address activities, events or developments

that Regulus expects or anticipates will or may occur in the future, including the proposed exploration and development of the

AntaKori project described herein, the completion of the anticipated drilling program, the completion of an updated NI 43-101

resource estimate and management's assessment of future plans and operations and statements with respect to the completion of

the anticipated exploration and development programs, may constitute forward-looking statements under applicable securities

laws and necessarily involve known and unknown risks and uncertainties, most of which are beyond Regulus' control. These risks

may cause actual financial and operating results, performance, levels of activity and achievements to differ materially from those

expressed in, or implied by, such forward-looking statements. Although Regulus believes that the expectations represented in such

forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. The forward

looking statements contained in this press release are made as of the date hereof and Regulus does not undertake any obligation

to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events

or otherwise, unless so required by applicable securities law.

7

Figure 1: Drill hole location map-AntaKori Project. Sections L1500NW, L1400NW, L900NW and L1250WE are

shown in Figures 2, 3, 4 and 5

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Figure 2-Section L900NW-Hole AK-19-033A

Figure 3-Section L1500NW-Hole AK-19-035