Picchu Rio Gold S.A

Picchu Rio Gold S.A [PRG] is a 99.0% owned subsidiary of Picchu Rio Gold Mining Company, S.A.C., (“PRGMC”) which is an American controlled Peruvian corporation incorporated in Lima, Perú in 2007. PRG was established in December 2011 to complete studies and initiate mining operations for PRG 2 Metallic Concession located in Perú, Department of Cuzco, 45 miles north and down the river of the sacred citadel city of Machu Picchu on the Eastern slope of the Andes mountain range. PRG was assigned Concession #2 from PRGMC in January 2012 in exchange for 99.0% of its common shares plus a 0.5% royalty on net profits. Concession #2 is an alluvial gold placer mine which encompasses almost 700 acres in area (280.26 hectares) of the Vilcanota / Urubamba River in the length of 65 kilometers with the ship ready available of two million tons of proven and probable gold and platinum reserved stockpiles.

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