Chile offers an attractive and robust mining legislative environment. Some of the key benefits include:

• • Mining legislative is clear and mature. Recent favourable changes in tenement holding legislation now in place (since Feb 2024) has similar approach as Australia, requiring for tenement holders to explore or relinquish, unlocking plentiful of new ground to assess and test.
  • Abundant mining resources; With Chile exporting nearly a third of world copper production, its favourable geologic environment enables plentiful of gold, silver, lithium, iron ore, and other commodities to be extracted.
  • Geological favourable district due to the subduction of the Nazca Plate under the South American Plate has created vast volcanic arcs and mineral-rich zones, leading to the accumulation of gold and copper deposits in various regions of Chile.
  • Strategic Location: With distant less than 250km to nearest coastline provides significant export advantage.
  • Political and economic stability, validated by excellent country risk rating such as BB1 (by Allianz economic research, 2025), A3 (by Global EDGE, 2024), A (by S&P, 2024) and A2 (by Moodys’, 2022) , overall rating attractive place for business, including exploration and mining.
  • With ENAMI processing plants, nearby in almost every state, it provides optionality for small miners to extract ore with the requirement for mayor fixed plant infrastructure.
  • Stable government and legislation, the latest mineral law changes*, forces tenement holders to spend in exploration or loose it approach, similar to Australia.