PHOENIX MINERALS S.A.

The objective of the Phoenix Mining Division is to produce gold bullion, precious metals and rare earths in an ecologically sound manner using high volume suction excavation techniques. The majority of “free” gold is 94% in its raw state. The embedded and micron gold requires only simple refining before shipment and delivery, which leads to dividend disbursement via the “Phoenix Group” of companies.

Group of Companies

PICCHU RIO GOLD S.A. / Picchu Rio Gold mining company

Picchu Rio Gold” or the “Company” is a 99.0% owned subsidiary of Picchu Rio Gold Mining Company, S.A.C., (“PRGMC”) which is an American controlled Peruvian corporation incorporated in Lima,Perú in 2007. P i c c h u Rio Gold
was established in December, 2011 to initiate mining operations for Picchu Rio Gold 2 Metallic Concession [“Concession #2”] located in Perú, Department of Cuzco, 45 miles north and down river of the sacred citadel city of Machu Picchu on the Eastern slope of the Andes mountain range. Picchu Rio Gold was as- signed Concession #2 from PRGMC in January, 2012 in exchange for 99.0% of its common shares plus a
0.5% royalty on net profits. Concession #2 is an alluvial gold placer mine which encompasses almost
700 acres in area (280.26 hectares) of the
V i l c a n o t a / Urubamba River, with proven and probable gold reserves in excess of USD $800 million and precious metals and rare earths of $500 million based on .5gr/cm3.