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NI 43-101 Technical Report for the Condoroma Property, Espinar Province, Cusco Region, Peru

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NI 43-101 Technical Report for the Condoroma Property, Espinar Province, Cusco Region, Peru Val-d’Or Head Office 560, 3e Avenue Val-d’Or (Québec) J9P 1S4 Québec Office Montréal Office Telephone: 819-874-0447 725, boulevard Lebourgneuf 859, boulevard Jean-Paul-Vincent Toll-free: 866-749-8140 Suite 310-17 Suite 201 Email: [email protected] Québec (Québec) G2J 0C4 Longueuil (Québec) J4G 1R3 Website: www.innovexplo.com NI 43-101 Technical Report for the Condoroma Property, Espinar Province, Cusco Region, Peru Prepared for Brexia GoldPlata Peru S.A.C. Avenida Benavides 1551-1555 Oficina 404 Distrito de Miraflores 15048 Lima, Peru Project Location Latitude: 15° 14' 33” South; Longitude: 71º 05' 03” West Espinar Province, Cusco Region, Southern Peru Prepared by: Gustavo Durieux, P. Geo. Alain Carrier, P. Geo. InnovExplo Inc. Val-d’Or (Québec) Effective Date: March 1, 2019 Signature Date: March 1, 2019 SIGNATURE PAGE – INNOVEXPLO NI 43-101 TECHNICAL REPORT FOR THE CONDOROMA PROPERTY, EXPINAR PROVINCE, CUSCO REGION, PERU Prepared for Brexia GoldPlata Peru S.A.C. Avenida Benavides 1551-1555 Oficina 404 Distrito de Miraflores 15048 Lima, Peru Project Location Latitude: 15° 14' 33” South; Longitude: 71º 05' 03” West Espinar Province, Cusco Region, Southern Peru (Original signed and sealed) Signed at Longueuil on March 1st, 2019 Gustavo Durieux, P. Geo. (OGQ No. 1148) InnovExplo Inc. Longueuil (Québec) (Original signed and sealed) Signed at Val-d’Or on March 1st, 2019 Alain Carrier, P. Geo. (OGQ No. 281) InnovExplo Inc. Val-d’Or (Québec) NI 43-101 Technical Report for the Condoroma Property – March 2019 ii CERTIFICATE OF AUTHOR – GUSTAVO DURIEUX I, Gustavo Durieux, P.Geo., do hereby certify that: 1. I am employed by InnovExplo Inc. at 859, Boulevard Jean-Paul Vincent, Suite 201, Longueuil, Québec, Canada, J4G 1R3. 2. This certificate applies to the report entitled “NI 43-101 Technical Report for The Condoroma Property, Espinar Province, Cusco Region, Peru” (the “Technical Report”) with an effective date of March 1, 2019 and a signature date of March 1, 2019. The Technical Report was prepared for Brexia GoldPlata Peru S.A.C. (the “issuer”). 3. I graduated with a Bachelor’s degree (B.Sc.) in Geology from Université de Montréal (Montréal, Québec) in 1996 and a Master’s degree (M.A.Sc.) in Economic Geology from École Polytechnique (Montréal, Québec) in 2000. 4. I am a member of the Ordre des Géologues du Québec (OGQ No. 1148). 5. I have worked as geologist for a total of twenty-two (22) years since graduating from university. My expertise was acquired while working as a geologist with exploration and mining projects for Paramount Ventures and Finances Inc. (Salta, Argentina), Hecla Mining Company (La Libertad, Peru; Maricunga, Chile), Falconbridge Ltd (Raglan mine), Hecla Mining Company (El Callao, Venezuela), Aur Resources Inc. (Michoacan, Mexico; Macuchi, Ecuador), Anglo American plc (Utah; Alaska; Québec), Osisko Mining Corp. (across North America), Mine Canadian Malartic (Malartic, Québec), Yamana Gold Inc. (Québec), Niobay Metals Inc. (Ontario) and Eastmain Resources Inc. (Québec). 6. I have read the definition of a qualified person (“QP”) set out in Regulation 43-101/National Instrument 43-101 (“NI 43-101”) and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfil the requirements to be a QP for the purposes of NI 43-101. 7. I visited the property on December 2, 2018 for the purpose of the Technical Report. 8. I am the author of and responsible for all items in this report. 9. I am independent of the issuer applying all the tests in section 1.5 of NI 43-101. 10. I have not had prior involvement with the property that is the subject of the Technical Report. 11. I have read NI 43-101 and the items of the Technical Report for which I am responsible have been prepared in compliance with that instrument. 12. As of the effective date of the Technical Report, to the best of my knowledge, information and belief, the sections of the Technical Report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the Technical Report not misleading. Signed this 1st day of March 2019 Longueuil, Québec, Canada. (Original signed and sealed) Gustavo Durieux, P. Geo. (OGQ No. 1148) InnovExplo Inc. [email protected] NI 43-101 Technical Report for the Condoroma Property – March 2019 iii CERTIFICATE OF AUTHOR – ALAIN CARRIER I, Alain Carrier, M.Sc., P.Geo., do hereby certify that: 1. I am employed by InnovExplo Inc. at 560 3e Avenue, Val-d’Or, Québec, Canada, J9P 1S4. 2. This certificate applies to the report entitled “NI 43-101 Technical Report for The Condoroma Property, Espinar Province, Cusco Region, Peru” (the “Technical Report”) with an effective date of March 1, 2019 and a signature date of March 1, 2019. The Technical Report was prepared for Brexia GoldPlata Peru S.A.C. (the “issuer”). 3. I graduated with a mining technician degree in geology (1989) from Cégep de l’Abitibi- Témiscamingue, and a Bachelor’s degree in Geology (1992; B.Sc.) and a Master’s degree in Earth Sciences (1994; M.Sc.) from Université du Québec à Montréal (Montréal, Québec). I initiated a PhD in geology at INRS-Géoressources (Sainte-Foy, Québec) for which I completed the course program but not the thesis. 4. I am a member of the Ordre des Géologues du Québec (OGQ No. 281), the Association of Professional Geoscientists of Ontario (APGO No. 1719), the Northwest Territories and Nunavut Association of Professional Engineers and Geoscientists (NAPEG No. L2701), the Canadian Institute of Mines, Metallurgy and Petroleum (CIM No. 91323), and the Society of Economic Geologists (SEG No. 132243). 5. I am co-president, founder and consulting geologist for InnovExplo since October 2003 (15 yr). Since graduating from university, I have accumulated over 26 yr of experience as a geologist, with InnovExplo in the supervision and execution of multiple mandates (exploration programs, mineral resource estimates, 43-101 technical reports, audits, etc.), and before founding InnovExplo in mining and exploration (Cambior Exploration, Silidor mine, Bouchard-Hébert mine, Sigma-Lamaque mine, South-Malartic Exploration, McWatters Exploration). Before that period, I was also involved in the mining industry as a geological technician (Francoeur Mine, Ministère des Ressources Naturelles du Québec, Cambior Exploration). 6. I have read the definition of a qualified person (“QP”) set out in Regulation 43-101/National Instrument 43-101 (“NI 43-101”) and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfil the requirements to be a QP for the purposes of NI 43-101. 7. I have not visited the property for the purpose of the Technical Report. 8. I am responsible for the overall supervision of the Technical Report. 9. I am independent of the issuer applying all the tests in section 1.5 of NI 43-101. 10. I have not had prior involvement with the property that is the subject of the Technical Report. 11. I have read NI 43-101 and the items of the Technical Report for which I am responsible have been prepared in compliance with that instrument. 12. As of the effective date of the Technical Report, to the best of my knowledge, information and belief, the sections of the Technical Report for which I am responsible contain all scientific and technical information that is required to be disclosed to make the Technical Report not misleading. Signed this 1st day of March 2019 in Val-d’Or, Québec, Canada. (Original signed and sealed) Alain Carrier, P. Geo. (OGQ No. 281) InnovExplo Inc. [email protected] NI 43-101 Technical Report for the Condoroma Property – March 2019 iv TABLE OF CONTENTS SIGNATURE PAGE – INNOVEXPLO .......................................................................................................... ii CERTIFICATE OF AUTHOR – GUSTAVO DURIEUX ................................................................................ iii CERTIFICATE OF AUTHOR – ALAIN CARRIER ...................................................................................... iv TABLE OF CONTENTS ............................................................................................................................... v LIST OF FIGURES .................................................................................................................................... viii LIST OF TABLES ........................................................................................................................................ ix 1. SUMMARY .......................................................................................................................................... 10 1.1 Introduction .................................................................................................................................. 10 1.2 Contributors ................................................................................................................................. 10 1.3 Property Description and Location .............................................................................................. 10 1.4 Accessibility, Climate, Local Resources, Infrastructure and Physiography ................................ 11 1.5 Geology ....................................................................................................................................... 11 1.6 Mineralization .............................................................................................................................
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