Table of contents Table of Contents 1. Recent Performance 2. Why the BVL Venture Exchange? 3. BVL s Experience 4. MILA – Integrated Latin American Market 5. Final Remarks 1. Recent Performance BVL KPI 2010 Brockers 23 Issuers 248 Market Cap The most important Junior mining projects of listed companies Great Opportunity: More than 250 mining projects are being developed in Peru. 85 Mining Companies with projects in Perú are registered at TSX and TSXV TSX.V : 57 companies with 152 properties in Peru TSX : 28 companies with 112 properties in Peru AGUILA AMERICAN RESOURCES LTD. MACUSANI YELLOWCAKE INC. MAGELLAN MINERALS LTD. ALTURAS MINERALS CORP. BARRICK GOLD CORPORATION MPH VENTURES CORP. AM GOLD INC. CANDENTE COPPER CORP. NETWORK EXPLORATION LTD. AMERICAS PETROGAS INC. CARDERO RESOURCE CORP. NEW DIMENSION RESOURCES LTD. ANDEAN AMERICAN GOLD CORP. CHARIOT RESOURCES LIMITED NEW HIGH RIDGE RESOURCES INC. ANDEANGOLD LTD. CROCODILE GOLD CORP. NEW OROPERU RESOURCES INC. ANTARES MINERALS INC. DYNACOR GOLD MINES INC. PANORO MINERALS LTD. AQM COPPER INC. GEOLOGIX EXPLORATIONS INC. PANTHERA EXPLORATION INC. ARCTURUS VENTURES INC. GOLDEN MINERALS COMPANY PLEXMAR RESOURCES INC. BEAR CREEK MINING CORPORATION GRANDVIEW GOLD INC. RADIUS GOLD INC. CANADIAN SHIELD RESOURCES LTD. IAMGOLD CORPORATION RIO CRISTAL RESOURCES CORP. CENTURY MINING CORPORATION INMET MINING CORPORATION ROCMEC MINING INC. CONDOR RESOURCES INC. INTERNATIONAL MINERALS CORPORATION SALAZAR RESOURCES LIMITED DORATO RESOURCES INC. MALAGA INC. SHANE RESOURCES LTD. DURAN VENTURES INC. MAWSON RESOURCES LIMITED SIENNA GOLD INC. EL CONDOR MINERALS INC. MINERA IRL LIMITED SINCHAO METALS CORP. ESPERANZA SILVER CORPORATION NORSEMONT MINING INC. SOLITAIRE MINERALS CORP. FISSION ENERGY CORP. PAN AMERICAN SILVER CORP. SOUTHERN ANDES ENERGY INC. FOCUS VENTURES LTD. PARAMOUNT GOLD AND SILVER CORP. ST. ELIAS MINES LTD. FORTUNA SILVER MINES INC. SILVER STANDARD RESOURCES INC. STRAIT GOLD CORPORATION GALENA INTERNATIONAL RESOURCES LTD. SILVER WHEATON CORP. TAMERLANE VENTURES INC. GITENNES EXPLORATION INC. SOLITARIO EXPLORATION & ROYALTY CORP. TINKA RESOURCES LIMITED GOLD HAWK RESOURCES INC. SPROTT RESOURCE CORP. ULTRA LITHIUM INC. GOLDEN ARROW RESOURCES CORPORATION SULLIDEN GOLD CORPORATION LTD. UPPER CANYON MINERALS CORP. GRENVILLE GOLD CORPORATION TECK RESOURCES LIMITED WEALTH MINERALS LTD. IBERIAN MINERALS CORP. VAALDIAM MINING INC. INCA PACIFIC RESOURCES INC. VENA RESOURCES INC. JOURNEY RESOURCES CORP. YAMANA GOLD INC. LARA EXPLORATION LTD. ZINCORE METALS INC. LATEEGRA GOLD CORP. LUCKY MINERALS INC. Stock Market Capitalization by Industry Listed Companies by Industry Mining in % of equity operations in the BVL IGBVL vs Metals Prices BVL Mining Companies 4 Foreign 2 Graduated 23 Peruvian 12 Juniors 39 Mining Companies Listed 2. Why the BVL Venture Exchange? 1. The only one in Latin America 2. Short and simple 3. Infrastructure Facilities 4. Stable framework 5. A natural market 6. Emerging class of investors 7. Corporate Governance. 8. Exposure to MILA 3. BVL s Experience General Index Year Jr. Listed 2005 1 2006 1 2007 5 2008 5 2009 1 2010 4 Y 2010: Zincore Metals Inc, Crystal River Resources Corporation, Gold Corp. Candente and Bear Creek Mining Corporation, were listed as a juniors. Jr Companies currently listed Junios Participation in Trade Volume % Main Millones 100 200 300 400 500 600 700 0 0.15 0 0 0.60 0 0 1 1 1 1 1 . 00 30 45 75 90 05 20 35 50 65 , , , , , , , 000 000 000 000 000 000 000 Junior 0 28/10/2009 30/01/2009 28/11/2009 30/03/2009 28/12/2009 s Rio 28/01/2010 Trade 30/05/2009 (US$) Corp. Copper Candente 28/02/2010 Alto 30/07/2009 31/03/2010 Mining 30/09/2009 Volume 30/04/2010 Limited 30/11/2009 31/05/2010 31/01/2010 30/06/2010 (US$) US$ 31/07/2010 31/03/2010 31/08/2010 31/05/2010 30/09/2010 31/07/2010 31/10/2010 30/09/2010 30/11/2010 30/11/2010 31/12/2010 31/01/2011 31/01/2011 100 200 300 400 500,000 600 100 200 300,000 400 500 600,000 700 , , , , , 000 000 000 000 000 , , , , , 000 000 000 000 000 0 0 02/02/2009 Corporation Resources Cristal Rio de Negociado Monto 05/07/2010 02/04/2009 20/07/2010 02/06/2009 04/08/2010 Panoro Minerals Ltd. (US$) Ltd. Minerals Panoro 19/08/2010 02/08/2009 03/09/2010 02/10/2009 18/09/2010 (US$) 02/12/2009 03/10/2010 18/10/2010 02/02/2010 02/11/2010 02/04/2010 17/11/2010 02/06/2010 02/12/2010 02/08/2010 17/12/2010 01/01/2011 02/10/2010 16/01/2011 02/12/2010 31/01/2011 02/02/2011 Millones * Capitalización Bursátil del último día del mes. del día último del Bursátil Capitalización * Millones Market 100 120 140 100 150 200 250 300 350 400 450 20 40 60 80 50 0 0 Ene-09 Oct-09 Nov-… Mar-09 Capitalization Dic-09 May-09 Ene-10 Limited Mining Alto Rio Jul-09 Copper Corp. Candente Feb-10 Sep-09 Mar-… Abr-10 Nov-09 May-… Ene-10 Jun-10 Mar-10 Jul-10 May-10 Ago-10 Sep-10 Jul-10 Oct-10 Sep-10 Nov-… Nov-10 Dic-10 Millones Millones 10 15 20 25 30 35 40 10 15 20 25 0 5 0 5 Ene-09 Jul-10 Mar-09 Cristal Rio May-09 Jul-09 Panoro Minerals Ltd. Ago-10 Resources Sep-09 Nov-09 Sep-10 Corporation Ene-10 Mar-10 Oct-10 May-10 Jul-10 Nov-10 Sep-10 Nov-10 70.0% Freefloat Junior Majors Holders evolution 1600 60.0% RIO ALTO MINING 1400 LIMITED 50.0% 1200 40.0% RIO CRISTAL 1000 RESOURCES CORPORATION 30.0% 800 CANDENTE COPPER 20.0% 600 CORP 400 10.0% 200 PANORO MINERALS 0.0% LTD. 0 AQM ALT BCM DNT CDG IPR NOM PML RIO RCZ VEM ZNC 2008 2009 Nov-10 Evolution Number of shares evolution (CAVALI) 250,000,000 ZINCORE METALS INC. 200,000,000 VENA RESOURCES INC. RIO CRISTAL RESOURCES 150,000,000 CORPORATION RIO ALTO MINING LIMITED 100,000,000 PANORO MINERALS LTD. 50,000,000 NORSEMONT MINING INC. INCA PACIFIC RESOURCES INC. 0 CANDENTE GOLD CORP. 2008 2009 Nov-10 Juniors Mining (US$) 1.80 Minera IRL 1.8 1.60 1.6 1.40 1.4 During 2008 junior 1.20 1.2 Minera IRL was 1.00 1 incorporated at the 0.80 0.8 Main Market 0.60 0.6 0.40 0.4 0.20 0.2 Millones 0.00 0 Fortuna Silver Mines Inc. 300,000.00 6 TRADE VOLUMEN($) LAST PRICE ($) 250,000.00 5 200,000.00 4 On January 20th 2010 Fortuna 150,000.00 3 Silver Mines was incorporated at the Main Market 100,000.00 2 50,000.00 1 0.00 0 TRADE VOLUMEN($) LAST PRICE ($) During 2009 and 2010 20 placement were made 4. MILA : Integrated Latin American Markets Rates in Latin America 561 423 377 $1.467 $633 $614 $87 $388 $57 Billions $USD /Set 2010 Mexico data includes Global Market GDP (Billones USD) $283 $199 $153 Population (Millions) 45 17 30 Pension Funds Portfolio (USD Billions) $49 $149 $31 Market Cap (USD $208 $342 $161 Billions) VolumeVolume TradedTrades EquityEquity MarketMarket (USD(USD MBillions/illions – Dailydaily $112 $220 $24 Averageaverage) 08-10) Dec. 2010 5. Final Remarks • Regardless of the market s crisis and turmoil, Perú and the Lima Stock Exchange (BVL) have done well, with mining remaining the dominant sector. • The BVL has an increasing investor´s appetite for junior miners as these companies have the potential to emerge as great producers in the next years. • The Exchange and the Market have the capacity and infrastructure needed to further develop and support the growth of its junior segment. • With MILA in place, our challenge is to become the gateway to the Latin American Region. .