Peru Mines

1.- OBJECTIVE.

Develop mining projects and exploit mines, minimizing risks, based on a portfolio of initially selected projects and incorporate others through a preliminary geological evaluation

2.- GOLD MARKET AND BASIC METALS IN THE WORLD.

The outlook for gold prices, according to experts, is for growth, due to the high demand that it has been experiencing as a consequence of the weakening of the currencies of the most important economies and the slow or almost zero growth of the world economy, which makes to the production of gold in one of the most profitable businesses in the medium term. Gold prices in the international market have an upward trend.

Likewise, the prospect of the prices of silver, copper, lead and zinc, metals contained in the mining projects of this proposal, have a promising future due to the greater demand that It will be produced by the necessary revival of the world economy in the coming years.

3.- FAVORABLE ENVIRONMENT FOR INVESTMENTS IN PERU.

Peru has a constantly growing economy above the Latin American average of the last 20 years, with a democratic political environment of stability in its rules of the game and respect for investment, with a free market economy, which includes freedom for currency management and a single 30% income tax rate for all activities.

4.- WHO IS THE PROMOTING ENTREPRENEUR

Who is in charge of the projects and offers the business is Róger Arévalo Ramírez, Peruvian, 75 years old, by profession an Economist, with a master’s degree in finance and doctoral studies in economics at the Universidad Mayor de San Marcos de Lima. His experience in the mining sector begins at age 16 working for the National Society of Mining, Oil and Energy. In the last 15 years, of the 23 that worked for this organization until 1984, he served as head of economic studies. Due to his technical knowledge, he was appointed, in 1985, as Vice-Minister of Mines, then he was Advisor to the Minister of Energy and Mines, President of the Banco Minero del Perú, promoter of Peruvian mining, and principal advisor to Centromin Perú, the largest state mining company before privatization. Later, he was hired by the American company Morrison Knudsen Corp., an engineering, construction and mining company, (now URS Corp.) to direct its subsidiary in Peru, with which it administered the EPCM (Engineering, Supply, Construction and Management) contract. for the Sipán gold project. In the years 2001-2006 he served, first, as Advisor to the Congress of the Republic of Peru and, later, as President of Petroperú SA, the Peruvian state oil company, period in which he was elected President of ARPEL, Association of Oil and Gas Producers of Latin America and the Caribbean. He has also served as a consultant and professor of investment projects, strategic direction, planning and financial management and other disciplines at the master’s level at various universities in the country and has several books on mining and economics.

5.- PROPERTY OF THE MINES

The mining concessions that contain the deposits with which the fund begins and on which each project is based are owned by the companies in which the promoter Róger Arévalo is the majority owner or has the powers to decide exclusively for its assignment or transfer.

6.- MINIMIZED RISKS

The projects presented are in order according to their level of risk, at the discretion of the promoter. The first is in operation with an investment already made of US $ .10.0 million, with all the permits in force and is in conditions for immediate expansion. Two projects only require the social license and the preparation of the mines to enter production. The production of the first would cover the risks of the social licenses of the following two and these would cover the risks of the exploration of the others that are incorporated.

7.- PROPOSED BUSINESS.

Mining projects offer three areas of benefit for investors or financiers, who would be owners of the deposits:

a) .- Value of the deposit: The reserves of the deposits have value once verified with the technical methods accepted and confirmed by the experts. The business would start with the Danzig gold mine’s proven reserves of just 500,000 ounces instead of the proven and probable 3.5 million ounces determined by geologists. At the price of gold at US $ 1,700 an ounce and a total cost of extraction, treatment and marketing at a conservative level of US $ .700 each ounce, the value has been determined with a profit of US $ 1,000 per ounce, which gives a value net of said reserves of US $ 500 million. A plant is added that would allow buying gold ore from third parties for 150 MT / day. The objective would be to check in Danzig the 3.5 million ounces in this deposit. The other projects would generate their own flow of funds to allow reinvestments in the verification of their largest reserves.

b). Capital recovery flow: Only in the case of Danzig, a daily capacity of 200 MT per day of mineral treatment, will allow obtaining a minimum of 100 ounces per day, which, brought to profit of only US $ 1,000 per ounce, yields an amount of US $ 49 million the first year that would cover the investment in this mine and would finance the investment in the exploration of the others. However, once the risk of the social license, which is minimal, has been overcome, the other projects will allow the recovery of their investments in less than a year

c). Expansion of activities and businesses: The concessions area would be expanded, as is the case of Danzig, and new areas may be acquired to expand the investment portfolio and further minimize risk.

INVESTMENT FUND OF US $ 100 MILLION

MINE AND MINING PLANT MARAYCASA (GOLD) US $. 40.0

CHALCU MINE (GOLD) 30.0

TORURO MINE (SILVER AND LEAD) 10.0

OTHER MINING PROSPECTS 20.0

TOTAL 100.0

We attach as reference the summary of the Danzig and Chalcu gold and Toruro polymetallic projects.

Lima, May 2020

Roger Arévalo

Phone (511) 999 041 435

E-Mail: roger.arevalo@perumines.com

Skype: roger.arevalo.ramirez

www.perumines.com