from 10q

Effective February 20, 2012 the Board of Directors approved the purchase of half of the minority interest in the Chloride Copper Mine from the Medina Property Group, LLC under the terms of a letter of intent. The execution of this transaction would increase the Company’s interests in the Chloride Copper Mine to 90%. On April 12, 2013, the Company acquired the entire minority interest in the Chloride Copper Mine, thus increasing the Company’s interests in the Chloride Copper Mine to 100% (See Note 5).