Rio Verde Minerals Development Corp T.RVD

RE: Carnallitite assays

[EIXLBERGER]

I expecttheresultsnextweek!

61m(46,57m) carnalite zone 10-12% KCl

https://media3.marketwire.com/docs/SED-001-11_Core_Log_Sylvinite_Assay.pdf

The first wellhasa depthof 1350meters andcovers an area ??5625m2

5625m2 x 16,7 m sylvinite x 1,95 (denisty sylvinite) = 183178t x 25% KCl = 45794,5t x 500$/t=22,89Mil$

5625m2 x 46,57m carnallite x 1,75 (denisty ) = 458423t x 10% KCl = 45842,3t x 500$/t =22,92Mil.$

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45,8 Mil$

Price 0.465

Market Cap (Mil)