RE: Merger...PBX still has periferal properties Tabaco, Chile
The Company holds 100% interest in its remaining Tabaco claims (300 hectares) and maintains its
Tabaco mining properties in good standing. Further in fiscal 2008, the Company staked two
exploitation (400 hectares) concessions which are 100% owned by the Company.
During the period ended September 30, 2012, the Company incurred maintenance costs of $11,772
(2011 - $9,382) which have been expensed in these consolidated financial statements