New Orperu Resources Inc V.ORO

RE:From Barrick's Q1 Report

[Chreca1]

Lagunas Norte, Peru
At Lagunas Norte, a drill program was designed and
commenced to test multiple geological concepts for controls
to mineralization on the peripheries of the deposit including:
diatreme and hydrothermal breccias at the border of
intrusions, hydrothermal breccias and diatremes along faults,
and unexplained resistive anomalies.

At La Capilla, a program of 11 diamond drill holes for 2,300
meters was completed to delineate the extent of outcropping
oxide mineralization defined by channel sampling and
centered on a maar-diatreme complex over a 750 meter by 1
kilometer area. Mineralization to date is predominantly
localized on the southern margin of the complex, extending
over a 400-meter strike. Final drill hole results are pending,
at which time an economic assessment of the oxide
mineralization will commence. This project is less than 10
kilometers east of Lagunas Norte and could provide near-term
oxide material.

MRM continues to rebuild the 3D geological model from a first
principle reconstruction of the property databases and
datasets. The mineralization controls for the refractory sulfide
mineralization ("PMR") are being extensively reviewed and
remodeled, through a comprehensive update to the Lagunas
Norte litho-structural, alteration and mineralization models. A
significant data compilation program commenced during the
first quarter of 2020 to capture all historical drilling, production
sampling (blast holes) and pit mapping to ensure the
foundation for the new model is based on all available data.
The updated geological model will form the foundation of a
new resource and geo-metallurgical model for use in both an
updated project study, and an infill and expansion drill program
is planned for the second half of 2020.