TSX-V: CNL $2.55

Overview

Guayables Project Map

The Company currently holds an option to earn up to a 100% interest in two projects located in Colombia. As a result of an aggressive exploration program at both the Guayabales and San Antonio projects, a total of eleven major targets have been defined.

Both projects are located within the Marmato district of the prolific Middle Cauca belt in west-central Colombia. The Middle Cauca belt is one of the most underexplored mineral belts globally, with a rich history of gold mining dating back to pre-Colombian and Colonial periods.

The Company has made five significant grassroot discoveries across both projects, with discovery holes at the Guayabales project yielding:

207.15 metres @ 2.68 g/t AuEq (Apollo target)

301.9 metres @ 1.11 g/t AuEq from near surface (Olympus target)

163 metres @ 1.33 g/t AuEq from surface (Donut target) 

162.2 metres @ 1.53 g/t AuEq from 100 metres vertical (Trap target)

At the San Antonio project, the Company intersected:

710 metres @ 0.53 AuEq from surface (Pound target)

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