Portage Resources, Inc.

The Wukakuy property borders the past producing Cecilia mine which produced silver, lead and zinc. Regional comprehensive geological and structural studies were carried out by the Geological Survey Mission – BGS (1993) and by the Insituto Geologico – Minero – Metallurgico (INGEMMET) through 1972 to 1996.

The mineralization found on the Project is stratabound, AG-Zn-Pb. The primary exploration target on the Project is the Bonanza Cuerpo, a zone measuring 100 x 250 meters defined by abundant gossan outcrop. A sandstone breccia outcrop further east along strike with anomalous Ag-Pb-Zn rock chip values suggests that this zone may extend more than 400m in strike length and is open on either end. Thickness of the Bonanza Cuerpo is estimated at 75 meters.

Twelve rock chip samples were taken from outcrop on the Wukakuy concession. Five samples were taken from gossan outcrop in the Bonanza Cuerpo to test surface values in this zone at spacing varying from 50 – 100 meters. The samples were taken across a square panel of outcrop measuring 3 x 3 meters, perpendicular to apparent bedding, ie., on near-vertical faces of outcrop. Sample WK-06 was from a selection of the most intense gossan-barite-Mn oxide alteration found in a 10 meter area of ourcrop. Sample WK-09 was from a sandstone breccia outcrop with abundant limonite (goethite) and little gossan that may mark the eastward extension of the Bonanza Cuerpo.

Samples were also collected from gossan structure outcrops in the NE Manto zone and from the mineralized fault breccia to the east of the access road across the creek from the NE Manto. These samples were also taken as panel samples, usually 3 x 3 meters, in a plane perpendicular to bedding or fault structure.

MINE: WUKAKUY
• COORS: 410000, 8398000N
PARAMETERS:
• UTM ZONE: 19
• ELIPSOID: PSAD-56
• LOCATION: SOUTH PERU
CLOSE TO THE BORDER WITH THE COUNTRY BOLIVIA