The Copper Giant Project is located in the Little Ajo Mountains, Pima County, Arizona, approximately 1.5 miles (2 kilometers) due south of the Freeport McMoRan Copper & Gold Inc. owned New Cornelia Copper Mine and approximately 3 miles (4.5 kilometers) due south of the Town of Ajo, Arizona.

The site consists of 61 unpatented claims that total approximately 1237.568 acres in the Ajo Mining District.

Historically Phelps Dodge Mining Company (currently Freeport McMoRan) and many other companies commenced surface exploration from the 1930 to 1985.

The site consists of three historic claim groups. The individual groups are listed below.

Copper Giant Group Mineralization is bedded tabular ore bodies of secondary copper eroded from oxidized copper deposits to form clastic deposits within fanglomerate, or ground-water percolation dissolved clastic copper and later precipitated chrysocolla along favorable horizons. Slica also precipitated with copper. Local rocks are the Locomotive Fanglomerate and the Ajo volcanics. Throughout this area small, scattered outcrops of copper mineralization, primarily chrysocolla, occur. In the Copper Giant area, the Locomotive fanglomerate consists of many types of rock fragments in a red arkosic siltstone or sandstone matrix. The fragments are composed of monzonite, quartz monzonite, trachyte, pegmatite granite, diorite, schist and gneiss, andesite, limestone and dolomite, quartzite, and conglomerate. The Ajo volcanics interfinger with the fanglomerate, and some beds consist of a mixture of volcanic and non-volcanic fragments. The volcanics in the area consist of andesitic breccias and tuffs, with little or no lava. The breccias consist of angular to subrounded fragments of gray to red andesite, vesicular andesite containing some amygdules filled with calcite, andesite containing phenocrysts of plagioclase 1 to 3 mm wide, and a small amount of diorite. The mineralization at the surface is found along definite beds, mainly in the fanglomerate, and in irregular mineralized masses in the volcanics. There are 4 main zones in the fanglomerate. The largest of these can be followed for over 500 feet and varies in width from ½ to 7 feet. Another such zone, a few feet NE of the largest, can be followed for 400 feet and varies in width from ½ foot to 5 feet. The surface showing may grade with depth to chalcocite. The ore is 152.4 meters long and 2.13 meters wide. PD had rights to the Copper Giant up until the mid-80’s when they closed their mining facility in Ajo, Arizona known as the New Cornelia Mine due to low copper prices. The New Cornelia is a porphyry copper deposit that is associated with large mines but relatively low grades of copper. The Copper Giant property is associated with the New Cornelia porphyry deposit as it is an exotic copper deposit. An exotic copper deposit consisting of high grade copper oxides filling fractures and pore spaces within rocks and in this case the alluvium at the Ajo Mining District. They form when rain water comes in contact with sulfide ores in the porphyry; acid is generated that leaches the oxide ore putting it into solution. While in the solution the copper is cared with the water. At some point the water will encounter a basic substance like limestone. At this point the copper then comes out of solution and generally forms a high grade, acid soluble copper ore deposit typically forming chrysocolla, chalcocite, malachite, and azurite. The Copper Giant has grades that are extremely high because of the nature of the deposit. Assays from PD showed grades from 0.60% to 3.50+% AsCu. The deposit is also near surface so stripping cost will be low. PD trench assays Highlights:

• West trench: 47' @ 0.6% Cu, 10' @ 1.33% Cu
• East trench: 75' @ 0.51% Cu, 5' @ 2.05% Cu

PD Drilling Highlights:

• Drill Hole #2 - 416 ft. (2.4' @ 3.76% Cu)

All core still exists and is located at the AZGS Core Repository in Tucson, AZ Cornelia Group Mineralization includes secondary copper minerals.

• Geophysics and Mag surveys indicate the presence of a large subsurface sulfide deposit in this area.
• Little Ajo Mtn Fault dipping <45 degrees, attitude of fanglomerate N. of the fault is not (as reported by Gilluly) similar to that S. of the Ajo Mine
• Water well in sec.2; bedrock at 1100 ft.

The oldest rocks in the district are ancient volcanics consisting of rhyolites, breccias and tuffs, the lavas having been intruded as a locolith of monzonite porphyry, which cuts through and uplifts the lavas.

This locolith is exposed along its longer axis in a N. 20 W. direction for 8 or 10 miles, and has a width of from 1 to 4 miles. The porphyry shows considerable variations. In the are zone it is a quartz monzonite, while to the north it grades into a granitic type and at many places the porphyry is more basic, approaching a diorite.

A few basic dykes cut both the monzonite and lavas, but seem to have no influence on the mineralization. The youngest rock in the immediate vicinity of the ore zone is a conglomerate made up of fragments of both rhyolite and monzonite, occasional boulders being rich ore.

Later volcanics covered the country for considerable depths, but these lavas are practically absent in the Ajo, though they probably at one time covered the entire district.

The Copper Giant is a previously owned Freeport McMoRan (formerly Phelps Dodge) property. FMI had rights to the copper giant up until the mid-80’s when they closed their mining facility in Ajo, Arizona known as the New Cornelia Mine due to low copper prices.

Freeport McMoRan is currently reopening the New Cornelia mine due to the high copper prices. The old mine consisted only of a concentrator as SX/EW technology was just starting to be developed. This means that a property that is adjacent to Freeport will be of high value when it is announced that the mine is reopening. You will have many companies from Canada looking at it as a land play deal, but more important is the fact that Freeport could be interested in it to add resources for their SX/EW operations.