PROJECTIONS=SALAZAR RESOURCES VALUATION
THE EXISTING NI 43-101 IS BASED ON THE FIRST 18 HOLES DRILLED AND THE NEXT NI 43-101 WILL BE BASED ON 61 OF THE ADDITIONAL 139 HOLES DRILLED.
THE DRILL RESULTS SO FAR ARE SIMILAR TO OR SLIGHTLY HIGHER THAN THOSE OF THE FIRST 18 HOLES . BASED ON THE NI 43-101 FOR THOSE 18 HOLES WE CAN EXTRAPOLATE FOR THE 157 HOLES DRILLED SO FAR AS FOLLOWS:
NI 43-101 BASED ON RESULTS OF 18 HOLES RELEASED ON 28TH SEPTEMBER 2010:
GOLD SILVER COPPER LEAD ZINC
(OZS) (OZS) (M LBS ) (M LBS) (M OZS)
INDICATED 60,000 1963,000 50.8 5.6 57.1
INFERRED 346,000 6338,000 178.5 20.4 235.7
PROJECTIONS 79 HOLES
INDICATED + INFERRED 1,782,000 36,432,000 1,005 114 1,286
PROJECTIONS 157 HOLES
INDICATED + INFERRED 3,541,000 72,403,000 1,997 226 2,555
VALUATION BASED ON
CURRENT MARKET PRICE
$MILLION $ 6,140 $2,389 $6,989 $215 $2,325
TOTAL MARKET VALUE=$18 BILLION 10% OF $18B = $1.8 BILLION
TODAY,S GOLD PRICE IS $1734/OZ. GOLD IN THE GROUND IS VALUED AT $200/0Z . TODAY SRL CAN CONCEIVABLY BE VALUED AT US$1.8 BILLION = 10% OF CURRENT MARKET PRICE