One of Fomicruz main goals is the enhancement of its own projects, generating and adding technical information to each of them, in order to later associate with private capital and thus advance in the development and exploitation of the properties into production mines.

With that in mind, Fomicruz works to:

● Identify prospective areas, whether they are unknown or already known by other companies, and to secure them with mineral permits for their exploration and eventually, their development.

● Determine the mineral potentiality of those areas by exploring them at the ground surface with geological and geophysical methods.

● Develop its most prospective properties by drilling previously generated targets, for better interpreting the geological characteristics and configuration of the mineralized systems.

 ● Join with private companies for the advanced stages of exploration of the projects and eventually, for their development into mines.

Fomicruz  perform most of the exploration work with its own [FP1] equipment and staff. It owns a fleet of several pickups and trucks, a backhoe, a diamond drill rig, and trailers for installing camps. In addition, the Company owns equipment for specific geological and geophysical investigations, including a Terraspec reflectance spectrometer, two magnetometers and in the near future, a portable XRF analyzer.