CUERVO RESOURCES INC.

Summary Diamond Drill Log - Bob1 Zone

Hole# BDH-12-18 Azimuth 0 Started 11-Nov-2

Northing 8,448,016 Dip -90

Easting 191,686 Depth 86.8 m
Elevation 3,690 m
From To Interval Zone Sampled Length (m)
Fe Sio2 (%)
(m) (m) (m) Intrusive (%)

- 5.3 5.30 2.00 8.3% 38.6%

5.30 24.9 19.60 Magnetite 19.60 59.6% 7.0%

24.9 35.2 10.3 Mixed Zone 10.3 49.0% 13.6%

35.2 36.5 1.3 Dyke 1.3 10.3% 41.8%
36.5 38.7 2.2 Mixed Zone 2.2 41.8% 14.7%
38.7 39.4 0.7 Magnetite 0.7 52.4% 8.8%
39.4 40.7 1.3 Mixed Zone 1.3 32.1% 20.4%
40.7 86.8 46.1 Intrusive 2 3.2% 51.3%

Overall
Dyke 1.30 10.3% 41.8%
Intrusive 4.00 5.8% 44.9%

Mixed Zone 13.8 46.2% 14.4%

Magnetite 20.3 59.3% 7.1%
Total 39.4 47.7% 14.6%

Magnetite+MZ 34.1 54.0% 10.1%

Started 11-Nov-2012

Completed 14-Nov-2012

S (%) P (%) Mn Cu
(%) (%)

0.04% 0.120% 0.210% 0.052%

1.07% 0.092% 0.107% 0.093%

2.68% 0.071% 0.118% 0.109%

1.41% 0.110% 0.263% 0.057%
0.47% 0.560% 0.161% 0.024%
0.05% 0.080% 0.146% 0.005%
0.22% 0.240% 0.523% 0.154%
0.12% 0.200% 0.098% 0.037%

1.41% 0.110% 0.263% 0.057%

0.08% 0.160% 0.154% 0.044%

2.09% 0.165% 0.163% 0.100%

1.03% 0.092% 0.108% 0.090%
1.32% 0.125% 0.137% 0.088%

1.46% 0.121% 0.130% 0.094%

BDH-12-18
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROPERTY

Hole #: BDH-12-18 Core Size HQ & NQ Spotted by:

-90
Collar Line: Collar Dip: Drilled by:
Collar Station: Collar Azi: 0 Logged by: CT;DC CT;DC
3,690
Collar Elev: UTM Zone: Final Depth: 86.8 Cut by:
Easting: 191, 686 Northing: 8,448, 016 Core Stored:
NTS: Casing (m) Casing left in hole: Yes
Purpose/Comments:
Dip tests: Depth (m)
Dip Azi Depth (m) Dip Azi Depth (m) Dip
From
(m)

To Description Sample From

(m) INTRUSIVO # (m)

0 5.3
0.00 - 1.30 Intrusivo fuertemente fracturado con trazas de mag <5% y
hem.
1.30 - 2.50 Intrusivo fuertemente fracturado con presencia de arcillas ,

epid , mag < 5% y trazas de hem.

2.50 - 5.30 Intrusisvo moderado - fuertemente fracturado con presencia
12481 3.3
de epid, oxidos de Fe y trazas de mag 5%.
5.3 24.90 MAGNETITA
12482 5.3
12483 7.3
5.30 - 19.65 Magnetita granular porosa fuertemente oxidada con
(hematita, gohetita y limonita), py granular y trazas de carbonato de Cu. Mag 57% ,OxFe 20%
y py2%. 12484 9.3

6.10 - 6.80 Tramo muy fuertemente fracturado. 12485 11.3

12486 13.3

15.90 - 17.90 Tramo muy fuertemente fracturado. 12487 15.3

17.95 Trazas de carbonato de Cu. 12488 17.3
18.60 - 19.65 Mag con bandas sinuosas de py, de 1mm-7mm. 12489 19.3
19.65 - 24.90 Mag granular moderadamente oxidada con bandas 12490
sinuosas de py granular y bandas de trm localmente. Mag 53%, py7%, OxFe 5% y trm15%. 12491 21.3
35.2 ZONA MIXTA 23.3
12492
24.9
24.90 - 35.20 Mag de grano medio - grueso con bandas sinuosas de 12493 24.9
12494 26.9
trm con halos de chl , carbonato de calcio y parches de py. Mag 45% y py 4%.
27.90 Dique (intrusivo con textura afanitico) con venillas sinuosas de
12495 28.9
12496 30.9
mag granular , py granular y con presencia se epid, De 20cm. 12497 32.9
28.75 Dique similar al 27.90, de 20cm.
12498 34
29.40 - 31.10 Mag con bandas de trm con halos chl. @60° , de 1mm-
7mm
31.70 Venilla de carbonato cristalizado (tipo vuggy). @50°,5mm.
 7mm
31.70 Venilla de carbonato cristalizado (tipo vuggy). @50°,5mm.

Hole making water:

Page 1 of 2 BDH-12-18
 Drill Hole: BDH-12-18
PERTY

Page 1 of 2
11-Nov-2012 14-Nov-20
Started:
Started:
Started: Finished:
Core Labeled:
Casing Labeled:

Azi Depth (m) Dip Azi Instrument:

To Len Comments Fe (%) CON08V

SiO2 (%) ICP95A
S_Total (%) CSA24V P Mn ppm ICP40B
Cu PPM ICP40B
(m) (m) % ICP40B

5.3 2 HQ 8.29% 38.55% 0.04% 0.12% 2102 523

7.3 2 61.54% 6.53% 0.08% 0.01% 1147 1070

9.3 2 65.19% 3.45% 0.16% 0.08% 848 423

11.3 2 63.94% 4.42% 0.14% 0.12% 1023 366

13.3 2 59.50% 8.29% 0.09% 0.12% 1088 830

15.3 2 62.58% 5.08% 0.17% 0.16% 969 546

17.3 2 58.46% 9.02% 1.07% 0.16% 1130 933

19.3 2 54.66% 11.22% 1.15% 0.10% 1042 1375
21.3 2 52.83% 10.57% 1.19% 0.07% 1265 764
Standard 47.70% 14.89% 4.05% 0.05% 1182 1437
23.3 2 58.35% 5.23% 2.27% 0.06% 1114 1091
24.9
1.6 58.55% 6.06% 5.17% 0.03% 1066 2148

26.9 2 52.06% 12.82% 3.54% 0.01% 999 1561

28.9 2 45.47% 15.65% 3.98% 0.14% 1180 1714

30.9 2 50.07% 12.46% 1.72% 0.09% 1198 756

32.9 2 49.11% 12.43% 1.54% 0.05% 1284 619
34 1.1 51.31% 11.92% 2.20% 0.09% 1146 701
35.2 1.2 45.50% 17.15% 2.98% 0.04% 1312 995
Hole making water:

BDH-12-18
 CUERVO RESOURCES INC.
DIAMOND DRILL RECORD – BOB 1 PROPERTY

From To Description Sample From

(m) (m) # (m)

35.2 36.5 DIQUE

35.20 - 36.50 Intrusivo con textura afanitica con microvenillas de py localmente y12499
venilla de mag localmente,
35.2 similar a 27.90.

35.35 Venilla de mag perpendicular al eje de perforacion, de 1cm- 2cm.

36.5 38.7 ZONA MIXTA

36.50 - 38.60 Mag de grano medio con bandas de trm con halos de chl, presencia
12500 36.5 de 1mm-20mm.
de carbonatos, @70°,
12501 37.6
38.60 38.70 Dique(intrusivo con textura afanitica de color verde ) con microvenillas sinuosas de carbonatos.

38.7 39.4 MAGNETITA

38.70 - 39.40 Mag granular con ligero bandeamiento de carbonatos y chl. Mag 50%.
12502 38.7

39.4 40.7 ZONA MIXTA

39.40 - 40.70 Intrusivo afanitico moderaradamente oxidada con magnetita granular
12503 cristalizada.
en parches y bio²39.4

39.85 Plano de estrias @60°,pitch 20°.

40.70 Contacto@ 65°
40.7 86.8 INTRUSIVO
40.70 - 86.80 Intrusivo debil - moderadamente silisificado con parches locales de12504
mag 3%, presencia40.7
de Cu(cpy, brocantita) y
12505 40.7

43.40 Cpy cristalizada con malaquita y OxFe.

51.20 Intrusivo con parches de mag granular.Mag 4%, de 60cm.
58.10 Venilla de Cu secundario (malaquita). @85°-90°, de 10cm.

Page 2 of 2 BDH-12-18
 Drill Hole: BDH-12-18
PERTY

To Len Comments Fe SiO2 S_Total P Mn ppm ICP40B

Cu PPM ICP40B
(m) (m) (%) CON08V (%) (%) % ICP40B
ICP95A CSA24V

36.5 1.3 10.33% 41.83% 1.41% 0.11% 2632 572

37.6 1.1 43.34% 12.87% 0.34% 0.65% 1535 212

38.7 1.1 40.31% 16.54% 0.60% 0.47% 1694 260

39.4 0.7 52.38% 8.80% 0.05% 0.08% 1459 53

40.7 1.3 HQ 32.12% 20.42% 0.22% 0.24% 5227 1539

42.7 2 Duplicate 3.22% 51.33% 0.12% 0.20% 979 366

42.7 Duplicate 3.41% 48.83% 0.11% 0.22% 982 290

BDH-12-18