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Project Highlights

Compañía Minera Coronado S. A. de C. V., wholly-owned subsidiary of Santa Fe Metals, has an option to acquire 100% of the Lobos property subject to a 2% NS. Lobos has an excellent infrastructure being located in central Mexico very close to a town with a population of about 20,000. It has paved road access within less than one hour from the project and a first class dirt, all weather road leading through the project.

The geological setting and mineralization is very similar to the world class Peñasquito deposit, acquired by Goldcorp in 2006, approx. The size of the Peñasquito deposit has only become known publicly during the past year. This size of deposit makes exploration for similar types of ore systems advantageous.

There are no records of drilling, nor exploration using modern exploration techniques, methods or technology, having ever been carried out on the Lobos property.