

Cuervo Resources Inc is dedicated to the exploration for iron ore in Perú, holding 100% interest in over 25,000 ha of prospective mineral-exploration lands. The focus of exploration work has been on the Cerro Ccopane property, located 65 km south of Cuzco or 600 km southeast of Lima. A total of over 25,000 meters of diamond drilling has been completed to date on the 14,000 ha property in four distinct zones. Four NI 43-101 compliant Mineral Resource Estimate reports have outlined an inferred resource of 576.40 million tonnes grading 43.44% Fe and a measured and indicated resource of 55.55 million tonnes grading 46.75% Fe. Property assessment has also included geological and geophysical mapping, two comprehensive transportation studies, and metallurgical test work.