Apparently there has been a few samples taken from the new property, it shows up in the financials on the chart below. Also, keep in mind that the Quantec overrun the original boundary to the west on the newly aquired claims. West of the Zona Sur is a promising looking spot by looking at the Quantec, its possible this area could have been looked at further while the trenching equipment was there. The chart below didn,t come out right, but look at the $363 on the ASSAY line, this came from other in peru, not any of the other older properties.

Canadian Cueva Blanca Tesoro Vilcoro Other
Total Properties PERU PERU PERU PERU Total
$ $ $ $ $ $ $
Annual property and 84,051 1,432 35,176 24,340 9,637 13,466 31,194
maintenance payments
Assays 6,611 - 6 ,248 - - 363 -
General (other) 227,135 10,178 38,811 170,935 6,293 918 (119,741)
Legal - - - - - - 5,100
Mapping, compilation and sundry 5,436 1,486 350 3,600 - - -
Mobilization and camp costs 190,113 1,576 995 187,186 - 356 319,723
Professional fees and wages 282,001 69,893 39,391 150,826 1 9,058 2,833 417,684
Telecommunications and shipping 122,002 4,759 12,689 98,756 3,715 2,083 110,631
Travel 8 04 804 - - - - -
918,153 90,128 133,660 635,643 38,703 20,019 764,591
Exploration and development
expenditures, beginning of year 9,470,514 578,014 3,282,768 2,470,408 10,615 3,128,709 8,705,923
Exploration and development
expenditures, cumulative to date 10,388,667 668,142 3,416,428 3,106,051 49,318 3,148,728 9,470,514