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Summary Cruz de Mayo is a 3000 hectares property located in southern Cuzco, Peru. Amera is the first company to systematically use modern exploration techniques on this project. Preliminary rock chip and grab samples from the property has yielded grades ranging from below detection up to 14.4 g/t gold. Three high priority target zones have been identified on Cruz de Mayo: Fatima, a Porphyry copper-gold zone and skarn targets. Fatima Gold Target Multiple gold bearing shears and veins occur in a trend at least 1.2 kilometres in length and up to 600 metres wide. Within this target area, historical mining activity is evident in a series of trenches and dams that were used in a placer operation to wash gold from the bedrock. Amera's previous sampling reported July 15th, 2005, discovered gold values range up to a high of 14.4 g/t Au from a 1 metre chip sample across an oxidized structure, to gold values below detection. The structures are strongly oxidized at surface and all sulphide minerals have been leached. Porphyry Copper-Gold Target A porphyry Cu-Au target is located in the south-central part of the property. Malachite-stained copper-bearing sandstone has been mapped over an area of approximately 300 metres by 700 metres. Several gold-bearing shears which were mined historically in this area cut the copper-bearing sandstone; limited sampling of these has returned assay results up to 7.64 g/t Au over across a 0.60m vein. Assays of up to 2230 ppm Cu and 250 ppm Ag have also been attained from preliminary sampling of this zone. Skarn Targets Skarn targets have been identified immediately northwest of the porphyry Cu-Au target and 1km to the southwest where a prominent silica Aster satellite anomaly is located and garnet-diopside skarn is developed. No analytical results are available for this area yet. Exploration program A detailed surface exploration program comprising geological mapping, rock and soil sampling is underway on the project to fully evaluate the dimensions, grade and character of the mineralized zones identified to date and to explore the remainder of the property. The property is road accessible.
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