Pucarana Project, Peru

The Pucarana property contains 1,889 hectares of land located in the Orcopampa Silver-Gold District of Peru, between Buenaventura Minesโ€™ Poracota Mine and Chipmo Mine. The Pucarana property contains gold and silver mineralization hosted in quartz vein zones, and associated with favourable epithermal alteration zones.

Alianza owns 36% interest in the Pucarana property. On May 22, 2015, Alianza assigned its rights to the Pucarana property to Compania de Minas Buenaventura S.A.A. for a 1.08% NSR interest.