ASHMONT RESOURCES CORP. TEL: +1 604 566 9556 1220 1111 MELVILLE - - PowerPoint PPT Presentation

TEL: +1 604 566 9556 FAX: +1 604 608 4936 EMAIL: info@ashmont.ca ASHMONT RESOURCES CORP. 1220 – 1111 MELVILLE STREET VANCOUVER, V6E 3V6

Some of the statements and financial projections contained in the following material are forward-looking statements and not statements of facts. Such statements are based on information currently available and have not yet been verified by an independent Qualified Person. The statements that are not historical facts are forward-looking statements involving known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described from time to time in the corporations latest annual and quarterly reports and management discussion and analysis. The corporation assumes no obligation to publicly update any forward-looking statement, whether as result of new information, future events or otherwise. Where there is a historical resource estimate provided readers are cautioned that the Company has not yet completed the work necessary to verify the classification of the resources and is not treating the resource figure as a NI 43-101 defined resource verified by a Qualified Person at this time and therefore the resource figures should not be relied upon by investors.

Disclaimer

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Why Colombia

• Pro-business Environment
• Currently Achieved Investment grade from Standard and

Poors, Fitch and Moodys

• 5th largest economy in Latin America (GDP US$242 Bn)
• Steadiest GDP growth in Latin America 1970−2007

(World Bank)

• Lowest average inflation in Latin America 1998−2008

(DANE)

• FDI increased 400% 2002−2008 (Colombia Central Bank)
• 2nd best business climate in Latin America (World Bank)
• 2nd best investor protection in Latin America (Forbes)
• 4th largest market capitalization total in Latin America
• US$8.8 billion infrastructure investment through 2012
• Mine royalties to government 3.2%
• Nominal corporate tax rate approximately 32%

Content acknowledgement - Continental Gold

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Property Locator

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El Alacran IOCG

• Exploration Started in mid 1980´s
• IOCG style ore body
• Drilling started in September/11
• Historical information has proven

accurate

• 12.000 meter program finished

March/12 Santa Cruz

• Historical mining district
• Significant presence of gold
• Historical exploration carried out by

Anglo found presence of mineralization

• f up to 20 meters and 1.8grs/tn Au
• Starting Drilling March/12
• Mapping and sampling campaign

finished

• Geophysics finished March/12

Choco

• Historical mining district of Platinum

and Gold

• Large tenement area 10.000+Hectares

Alacrán

Bulk Mineable Copper Gold Target Currently being Drilled

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Project Location

• 200 kms North of Medellin
• Road Access to mine
• Located in one of Colombia’s largest formal mining

Districts

• BHP Billiton's Cerromatoso Open-pit Nickel Mine
• Argos’ Carbones del Caribe Open Pit Coal Mine
• Close to port infrastructure
• Electrical power supply

Alacrán

CerroMatoso Carbones del Caribe Main Road to Port

Transit Distance to Sea Port 259kms Alacrán – Puerto Libertador 27kms Puerto Libertador – Highway 52kms Highway – Cartagena Port 180kms

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Project Highlights

• Large, under explored, IOCG Type Cu - Au

mineral system with artisanal production.

• Initially discovered in the mid 1980’s and

recently had the 30 year concession contract renewed – 2009 to 2039.

• Initial exploration of the mid 1980’s

includes:

• 15 Diamond Core Drill Holes totaling

2407 meters at average depth of 150 meters

• All 15 holes cut the ore body and all

structural and geochemical information is available.

• Extensive surface sampling including

trenching and adits

• Geological Mapping 1:5000 scale

3D Modeling of Historic Data

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Mineralization consists of a series of sub-parallel stratiform replacement-style bodies and wallrock disseminations. The ore body is composed of magnetite, specularite, ilmenite, (IOCG Style) pyrite, chalcopyrite and sphalerite. Mineralization occurs within all members of the sedimentary sequence, where it can be traced over a strike length of greater than 1,200 meters and local thickness of more than 30 meters. Oxide/sulphide mineralization locally forms massive admixtures, replacing 100% of the hosting sedimentary strata. The Volcaniclastic sequence is overlain by a pyroclastic unit, predominantly of lithic and crystal tuffs. Alteration, includes silicification , calcitic carbonitization, sericitisation, epidotisation and disseminated pyritization

• bserved within the sedimentary sequence.

In the vicinity of the quartz diorite stock to the north mineralization in contact with metamorphic hornfels an increase in silicification is clearly observed.

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Mineralogy and Alteration

2011 Mapping Campaign

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Underground Addit Sampling

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Sample ID Sample ID Meters Cu Grade Au Grade 101 105 5 1,99% 0,75 119 130 12 1,28% 1,00 137 153 17 1,91% 0,98 156 174 19 0,55% 0,71 180 190 11 0,27% 0,36 197 205 9 0,22% 1,23 216 223 8 0,55% 0,53 232 257 26 1,92% 0,93 263 307 45 0,47% 1,39 311 321 11 0,28% 0,80

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Magnetometry

2011 Geophysical Campaign

Mineralization is associated to magnetite and Mushequetovite, allowing magnetometry work to prove highly relevant in indicated continuations of the

• re body

The white outline consists of the area

• riginally drilling in

the 1980’s campaign. Target remains open

• n strike and at

depth. Additional targets will be tested in due time.

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Drill Plan Design

First phase of drilling already started 9th September 2011

• Meters involved: 11,230.55 meters
• Average depth: 261 meters
• Deepest hole: 367.30 meters
• Number of drill holes: 45
• Numbers of rig 2012: 2

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Phase 1 Drill Program

ASA-003 ASA-007

Southern Step-out

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5 Meter Composite AuEq

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North Sector Results

From (m) To (m) Width AuEq (ppm) Ag (ppm) Au (ppm) Cu (%) Mo (ppm) 200 200 1.59 3.44 0.24 0.67 7.1 10 35 25 2.41 2.68 0.14 1.17 21.4 125 139 14 2.25 3.89 0.71 0.77 15.5 142 147 5 2.25 4.74 0.38 0.93 0.0 156 185 29 3.92 9.43 0.61 1.65 0.5 213 240 27 0.96 3.30 0.16 0.39 13.7 Including 222 229 7 2.24 7.54 0.46 0.86 20.6 15 15 0.22 0.08 0.09 0.07 7.7 23 110 87 1.04 1.85 0.09 0.48 5.4 31 36 5 3.41 2.26 0.18 1.68 4.8 85 88 3 4.52 8.63 0.37 2.10 3.0 124 236 112 0.98 2.13 0.18 0.40 6.0 150 157 7 3.02 6.31 0.53 1.25 3.7 167 169 2 2.23 4.35 0.68 0.77 6.5 197 203 6 1.28 2.83 0.16 0.56 0.3 211 216 5 2.07 3.50 0.33 0.88 3.8 224 232 8 1.50 4.05 0.31 0.58 11.3 3 3 0.28 0.00 0.06 0.12 17.7 8 27 19 0.47 0.55 0.06 0.21 12.3 78 204 126 1.65 3.62 0.36 0.64 15.2 86 96 10 1.49 5.89 0.47 0.48 1.0 104 114 10 2.67 7.99 0.93 0.84 118.6 128 141 13 4.44 6.82 0.77 1.86 12.2 148 151 3 1.91 2.63 0.30 0.82 0.7 156 175 19 2.29 3.29 0.47 0.93 1.1 180 186 6 2.14 3.63 0.51 0.82 11.3 19 19 0.36 0.58 0.07 0.15 4.5 102 229 127 0.62 1.27 0.25 0.18 7.1 179 186 7 1.76 5.46 0.35 0.69 33.6 204 217 13 1.56 2.78 0.60 0.48 10.2 222 227 5 1.51 0.60 1.24 0.14 18.8 ASA - 012 Including North Sector Diamond Drill Intercepts (Cutoff 0.3ppm AuEq) Including ASA - 010 Including Including ASA - 008 ASA - 004 Including

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5 Meter Composite AuEq

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Central Sector Results

From (m) To (m) Width AuEq (ppm) Ag (ppm) Au (ppm) Cu (%) Mo (ppm) 127 142 15 2.75 9.37 0.34 1.17 39.5 Including 129 136 7 5.03 17.67 0.56 2.17 34.3 181 193 12 0.42 1.31 0.08 0.17 9.1 222 228 6 0.45 1.42 0.05 0.19 0.7 6 6 0.29 0.97 0.04 0.12 1.7 84 101 17 0.44 0.35 0.08 0.19 0.8 Including 99 101 2 3.02 2.25 0.59 1.26 0.5 118 192 74 1.80 4.57 0.29 0.75 19.2 122 129 7 5.76 13.94 1.37 2.17 32.9 134 143 9 6.73 17.28 0.62 3.04 43.0 152 154 2 2.56 9.30 0.39 1.05 51.0 184 187 3 1.16 3.67 0.10 0.52 45.7 18 18 0.26 0.33 0.04 0.11 5.9 80 135 55 2.26 5.60 0.69 0.77 39.2 Including 92 125 33 3.27 8.71 0.99 1.11 51.2 165 178 13 2.58 8.20 0.09 1.23 24.2 Including 171 177 6 4.84 15.98 0.05 2.36 22.3 183 207 24 0.87 3.05 0.10 0.37 3.0 169 178 9 0.72 0.89 0.34 0.19 2.1 197 216 19 1.00 1.86 0.44 0.27 2.8 205 208 3 1.76 4.60 0.43 0.65 5.7 213 216 3 2.86 5.10 2.01 0.39 3.3 222 227 5 1.51 0.60 1.24 0.14 18.8 13 13 0.73 1.79 0.48 0.12 5.2 Including 6 6 1.45 3.50 0.99 0.20 9.8 94 115 21 4.30 13.33 0.51 1.86 43.7 Including 97 115 18 4.96 15.56 0.59 2.14 50.1 120 129 9 1.04 1.96 0.06 0.49 34.8 ASA - 013 Central Sector Diamond Drill Intercepts (Cutoff 0.3ppm AuEq) ASA - 005 Including ASA - 001 ASA - 002 Including ASA - 003

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5 Meter Composite AuEq

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South Sector Results

From (m) To (m) Width AuEq (ppm) Ag (ppm) Au (ppm) Cu (%) Mo (ppm) 7 7 0.51 0.70 0.10 0.21 47.9 64 83 19 1.15 1.96 0.20 0.48 31.7 Including 78 83 5 2.60 5.16 0.56 1.02 66.2 95 129 34 2.01 1.77 0.93 0.55 33.6 98 99 1 14.98 7.80 11.10 1.97 0.0 107 119 12 3.05 3.18 1.27 0.91 87.0 134 170 36 0.60 0.88 0.16 0.22 13.3 Including 154 159 5 1.66 2.90 0.46 0.60 8.6 23 23 0.57 0.00 0.11 0.24 52.6 Including 2 9 7 1.20 0.00 0.29 0.48 112.6 37 76 39 0.99 1.08 0.41 0.29 25.8 Including 60 67 7 2.49 3.04 1.10 0.70 73.3 84 119 35 1.29 1.33 0.68 0.31 39.2 Including 97 115 18 2.10 2.18 1.23 0.44 72.2 162 177 15 0.67 1.40 0.12 0.28 18.1 15 15 0.46 0.03 0.10 0.19 66.7 59 79 20 2.47 1.57 1.91 0.28 11.5 60 64 4 6.74 4.25 5.69 0.51 5.8 73 78 5 3.69 2.44 2.60 0.55 28.6 103 135 32 2.32 2.73 1.13 0.60 89.3 Including 105 115 10 5.32 5.15 2.81 1.27 177.8 163 169 6 0.81 1.77 0.15 0.33 15.8 38 72 34 1.50 1.97 0.66 0.42 12.4 52 58 6 4.72 7.10 1.61 1.56 30.7 66 69 3 2.58 2.43 1.39 0.61 26.0 73 90 17 0.50 0.38 0.18 0.17 0.4 97 102 5 0.76 1.04 0.18 0.30 97.4 108 119 11 0.99 1.15 0.27 0.36 61.5 Including 110 113 3 2.16 2.63 0.53 0.83 85.7 162 169 7 0.99 1.97 0.22 0.39 13.7 216 224 8 0.57 1.34 0.11 0.23 2.4 228 236 8 0.59 2.03 0.02 0.28 3.0 ASA - 011 Including South Sector Diamond Drill Intercepts (Cutoff 0.3ppm AuEq) ASA - 009 Including ASA - 006 Including ASA - 007

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Current Workplan

January Febuary March April May June July August September October November December Item 11 12 13 14 15 16 17 18 19 20 21 22 Planning and Equipment Purchases Topography 1 1 1 1 1 1 1 1 1 Geophysics - Ground Magnetometry Quality assurance training and supervision 1 1 Infrastructue Work 1 1 1 1 1 Surface and Underground Assaying and Mapping Structural Geology Phase 1 Diamond Core Drilling 8.000m 1 1 1 Phase 2 Diamond Core Drilling 2.000m New Targets 1 Phase 3 Diamond Core Drilling 8.000m Infill 1 1 1 1 1 Phase 4 Diamond Core Drilling 2.000m Condemnation 1 Geotechnical Assaying of Cores 1 1 1 1 1 1 1 1 1 Geotechnical Modelling 1 Geotechnical Evaluation of Process locations QA/QC 1 1 1 1 1 Archeaological Evaluation 1 1 1 1 1 1 Hydrogeology and Acidwater evaluation 1 1 Enviromental Impact Model 1 1 1 1 Comunity Relocation Plan 1 1 1 1 1 1 1 1 1 1 1 1 Modelling and Resource Calculations 1 1 Final Report

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Massive Sulphide Calcite (Fossil) Replacement Disseminated Cpy - Py Banded Sulphides

Intersected Mineralization Styles

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Top left: core preparing area, photographs and casing Top right: photos of the core of the first drill hole Bottom left: Platform and rig under

• peration

Photos of the ongoing operation

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Route between Puerto Libertador and Alacrán mine

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Currently Starting Phase 1 Drilling Earn-in for 80%

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Santa Cruz

High Potential Polymetallic Target

SIGNING THE “Santa Cruz Gold Mine” ACQUISITION DOCUMENTS

January 7, 2011

Mario Escobar, President Ashmont Resources

• Corp. with the Mine
• wners and community

committee leaders.

A BIG DAY FOR ASHMONT!

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Geomorphology of the concession area Access to the property via the extensive waterway network.

Santa Cruz

Barranco de Loba Town Santa Cruz Village

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Area and Property Map

Ashmont Tenure Anglogold Ashanti holds the mining rights to all adjacent property

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3D Modeling of Historical Data

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Au Ag Cu Zn Pb ppm ppm % % % 374 Chip Underground 312.00 360.00 0.76 18.85 2.35 380 Chip Underground 160.50 193.00 0.22 1.08 0.41 345 Chip Underground 124.00 305.00 0.02 0.40 1.11 383 Chip Underground 115.00 237.00 1.42 8.22 0.71 355 Chip Underground 77.10 157.00 0.35 2.45 0.35 350 Chip Underground 73.10 62.00 0.03 0.59 0.37 348 Chip Underground 54.90 39.00 0.01 0.19 0.20 359 Chip Underground 54.20 319.00 1.21 1.94 0.48 373 Chip Underground 51.00 35.00 0.05 1.48 0.14 379 Chip Underground 49.40 70.00 0.24 3.10 0.31 361 Chip Underground 31.70 84.00 0.16 1.10 0.42 353 Chip Underground 20.50 116.00 0.44 4.86 0.41 349 Chip Underground 20.10 12.00 0.01 0.18 0.06 340 Chip Underground 16.15 43.00 0.03 0.44 0.46 337 Chip Underground 15.70 9.00 0.00 0.07 0.04 378 Chip Underground 13.30 135.00 0.33 13.70 2.39 352 Chip Underground 13.10 34.00 0.06 1.11 0.27 362 Chip Underground 11.35 40.00 0.10 3.22 0.26 356 Chip Underground 10.65 59.00 0.25 2.95 0.38 354 Chip Underground 10.05 61.00 0.49 7.01 0.31 Sample ID Sample Type

Selective Results from underground Sampling Program Cuttoff for table Au > 10ppm

High Grade Polymetallic Potential

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Future Exploration

March 2012 32

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Contact Between Sedimentary and Igneous Evidence of stockwork mineralization style Massive Sulphide Area inside existing shafts Existing tunneling exposes the geology

Santa Cruz

Board & Management

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SOCIAL AND COMMUNITY ADVISOR LEGAL ADVISOR SECURITY ADVISOR MANAGING DIRECTO - ASIA BUSINESS DEVELOPMENT INVESTMENT ADVISOR ANALYST QA/QC HEAD OF LOGISTICS TEAMWORK EL ALACRAN MINE SANTA CRUZ MINE EL ALACRAN MINE SANTA CRUZ MINE EL ALACRAN MINE TOPOGRAPHY HEAD OF SOCIAL AFFAIRS HEAD OF SOCIAL AFFAIRS MINES ASSISTANT MINES ASSISTANT SANTA CRUZ MINE EL ALACRAN MINE HEAD OF OPERATIONS HEAD OF OPERATIONS TOPOGRAPHY ASSISTANT TEAMWORK TEAMWORK ENVIRONMENTAL ASSISTANT ENVIRONMENTAL ASSISTANT HEAD OF SECURITY HEAD OF SECURITY OPERATIONS SUPERVISOR OPERATION SUPERVISOR GENERAL DRILLING SUPERVISORS JUNIOR GEOLOGIST GENERAL DRILLING SUPERVISORS JUNIOR GEOLOGIST SECURITY CREW SECURITY CREW TEAMWORK TEAMWORK SANTA CRUZ MINE EL ALACRAN MINE HEAD OF GEOLOGY HEAD OF GEOLOGY SENIOR GEOLOGIST SECURITY MINING DIRECTOR EXECUTIVE VICE PRESIDENT SANTA CRUZ MINE VICE PRESIDENT OF EXPLORATION ADMINISTRATIVE AND FINANCIAL DIRECTOR SOCIAL AFFAIRS DIRECTOR PRESIDENT OPERATIONS DIRECTOR DIRECTOR OF CORPORATE DEVELOPMENT

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VP Exploration

Luis Oviedo

• Mr. Oviedo has more than 30 years of experience in the exploration and

development of mineral properties across the Americas. Mr. Oviedo has served as Director of Exploration for South America of Apex Silver, Vice President of Zamora Gold in Peru, Argentina, Chile, and Ecuador, Vista Gold Exploration Manager for South America and is a geological consultant for different regional companies.

• Mr. Oviedo has also worked for companies such as Kinross (La Coipa),

Codelco (Filomena, San Antonio) and BHP Billinton (La Escondida) in Chile, IamGold (Quimsacocha) in Ecuador, Amarillo Gold (Mara Rosa) in Brazil, Mine Finders (Dolores) in Mexico and Tigers Realm Minerals (Santa Cruz and El Alacrán) in Colombia, currently Ashmont's key projects.

• Mr. Oviedo is an expert in 3D modeling and resource assessment, good

standing member of the Chilean Geological Society, Chilean Engineering Institute of Mines and the Society of Economic Geologists and is Qualified Person for Mineral Resource estimation (Reg. 013 Chilean Stock Exchange

Management

Chairman Craig Watson

• Mr. Watson is an emerging market investment specialist, particularly in Africa and

South America. He provides M&A and investment oversight services in the Oil & Gas sector, natural resources, technology and real estate sectors. President & Ceo Mario Escobar

• Mr. Escobar holds an economic degree with a major in Finance and Business

Administration from the Universidad de los Andes as well as a Masters degree in “Strategic Thinking and Perspective” from Universidad Externado de Colombia. He has ten years experience in investment banking and global business

• development. He has represented Colombia in the Harvard World Business Plan

Contest, is co-founder of Estrategia y Desarrollo and Eccos Contacto Colombia, a call center operated by handicapped victims of land mines in Colombia. Mr. Escobar is a member of the board of Mineras Four Points (an operating gold mine in Antioquia), Eccos Contacto Colombia, Delphica Group, Findeza Foundation (Education sector), Novopak Ltd. Director Kojo Annan After graduating (with commendation) in economics and politics from Keele University in the United Kingdom, Mr. Annan then proceeded to set up and develop private enterprises in the extractive sector such as PPI (Petroleum Projects International an indigenous Nigerian oil trading firm that traded primarily in gas oil, fuel oil, and gasoline. PPI clients included Totalfina Elf, Exxon Mobil, NNPC (Nigerian National Petroleum Corporation). He also partnered and founded Blackstar Group, an investment holding company with a range of business interests in Ghana and throughout West Africa. The primary sectors of interest include energy (oil & gas), mining and natural resource. Among other successful ventures.

Board & Management

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Director Stephen Burega

• Mr. Burega has been involved in corporate communications and government

relations internationally for 15 years. As CEO of SeedRock Social Enterprises, and Director for a number of private and public companies, Mr. Burega is actively involved in the advancement of social programming and the development of the natural resource exploration sector. Mr. Burega will lead the management of Ashmont Resources social betterment programming in Colombia. Mr. Burega graduated from the University of Western Ontario with a bachelor degree in Political Science. Technical Advisory Board Hector Vargas (El Alacrán) Mr Vargas has over 30 years of experience as a geologist in Colombia, has worked with top tier junior, mid and senior companies. For the past 8 years has lead the AngloGold Ashanti Colombia geologists to explore over 5 million hectares in territory. 37

Board & Management

Corporate Structure

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BRITISH COLUMBIA

COLOMBIA

ASHMONT RESOURCES CORP.

Ashmont Resources Corp Colombia SAS

El Alacrán Choco

100%

Santa Cruz

80% 90% 80%

Partners and Advisors

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Top swiss consultancy firm in social and community relations affairs Specialized in logistic and security and risk control Top canadian drilling service provider, now acquired by Major International Top Canadian firm in mining affairs and title opinion Top five auditing firms Highly recognized Colombian legal firm and Casselbrock partners in Colombia

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Corporate Directory

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Ashmont Resources Corp. Incorporation number: BC0891952 Canadian HQ Suite 1220 – 1111 Melville Street Phone Vancouver V6E 3V6 + 1 604 566 9556 British Columbia Fax Canada + 1 604 608 4936 Colombian HQ Carrera 7 99-53 Of 1601 Phone Bogotá +57 1 642 8411 Colombia Legal Council Jason (Jake) Bullen Cassels Brock & Blackwell LLP 2100 Scotia Plaza Toronto, Ontario