SPAIN 2013 Mineral Exploracin Network Why Spain Prospective

SPAIN 2013 Mineral Exploración Network

Why Spain? • Prospective geological situation • Landscape conditions allow quick prospecting • Excellent infrastructure • Possibility to work during winter and use MEN Finland human and technical resources all year around

Project Extremadura regional thrust zone and corridor of faults of SW orientation.

Project Extremadura • Pro Mining Government • Quick and transparent licence application process • Easy available geological information

Project Extremadura Long mining history starting from prehistoric time till the middle of 20 th centaury Augustobriga - Talavera la Vieja

Project Extremadura Project licenses 1 – Trojillo – Logrosan, prospecting license, 945 sq. km. 1 2 – Maria – exploration license, 78 sq. km. 2 3 – Antonio – exploration license, 85 sq. km. 4 License Applications: 4 – Berzocana – exploration license, 84 sq. km. 5 3 5 – St. Cristobal – exploration license, 63, 7 sq. km. Total: 1. 255, 7 sq. km. Augustobriga - Talavera la Vieja

Project Extremadura Project area is located in inner zone of multistage volcanogenic ring complex active from pre Cambrian till Tertiary period Radiometric survey -Potassium Magnetic survey vertical component

Project Extremadura Exploration model

Project Extremadura Historical mines: • "El Aguijón. Operational 18501950. Zn, Pb, Ag, Au • "La Favorita": Cu, Py, P • "El Aguijoncillo": Mining stopped in 1904. Sb, Cu, Au. • "El Piojo": Mining stopped in 1876. Zn, Pb. • "El Serranillo": Mining stopped in 1970. As, Sn, Mo. • “La Costanaza”: Operational in 1907 -1946. Phosphorous. 6

Project Extremadura MEN Finland had started full scale prospecting in September 2013 By 30 th of November following work was done: • Stream sediments sampling - 3014 samples • Soil sampling - 17053 samples • Magnetic survey - 680 line km • Pan concentrates - 69 samples

Project Extremadura 1 mm 1 mm

D et ai le d ar ea Project Extremadura Results of soil sampling and ground magnetic survey, Logrosan area.

Project Extremadura A B

Project Extremadura Our plans Minimum By own financial resources • Finalize stream sediment sampling on existing licenses • Carry out magnetic survey and soil sampling on selected targets • Limited trenching Spring 2014 Maximum With JV partner investment Minimum + • • Expand ground holding Intensive trenching Verification drilling Resource drilling 2014 - 1 M Euro – 25% of the project 2015 - 2 M Euro – 25% of the project