BVL TIMELINE 2021 NI 43-101 compliant Preliminary Economic Assessment (“PEA”) completed for the flagship Ollachea Gold Project. NI 43-101 compliant Mineral Resource Estimate completed for the Corihuarmi Gold Mine. Formal agreements and trusts signed with COFIDE and La Fiduciaria as Trustee. Haywood Securities Inc. engaged to act as financial advisor to support the Company’s plans to finance the development of the Ollachea Gold Project. 2020 Annual sales of gold at Coruhuarmi for 2020 total US$39 million, the highest since 2012. Memorandum of Understanding (“MOU”) amendments signed with COFIDE through 2020. COVID-19 global pandemic declared - Minera strengthened safety protocols, supported employees and the community and continued operating at Corihuarmi. Cost Reduction and Optimization Plan implemented at Corihuarmi aiming to maximize production results. 2019 MOU signed with COFIDE on December 31, 2019 in settlement of the arbitration award announced in September 2019. MIRL settles its dispute with COFIDE and signs a settlement agreement. 2018 NI 43-101 Mineral Resource Estimate filed for the Corihuarmi Mine COFIDE arbitration is pending before the Chamber of Commerce of Lima. 2017 COFIDE revoked the mandate with the Company to exclusively structure the senior debt for up to US$240 million for the development of the Minera’s Ollachea gold project. Minera began trading on the CSE (CSE:MIRL). NI 43-101 compliant Technical Report completed for the Corihuarmi mine. 2016 Successful completion of the Minapampa Far East drilling program confirming gold mineralization at Ollachea extends to the east and at depth. Approval of an optimization and exploration/drilling program at Corihuarmi. 2015 US$70 million Bridge Loan and Mandate Letter for up to US$240 million is arranged with COFIDE for Ollachea Project Financing. 2014 New gold mineralization zones identified at Corihuarmi in the Cayhua and Laura zones. Corihuarmi mine life extended to the first half of 2017. Construction permit to build the Ollachea Gold Mine granted by the Ministry of Energy and Mines. 2013 Successful construction of the 1.2 km Ollachea exploration tunnel. Environmental and Social Impact Assessment for Ollachea Project fully endorsed by the community. 2012 Commenced construction of the Ollachea exploration tunnel. 30-year Surface Rights Agreement that grants a 5% interest to the community of Ollachea once commercial production begins. NI 43-101 compliant Feasibility Study completed for the Ollachea Project 2010 Drill program completed on the Concurayoc zone, highlighting a great potential to increase the Ollachea resource base. 2009 Drilling program confirming a substantial new gold discovery at Ollachea. NI 43-101 compliant Scoping Study completed for the Ollachea. Ore reserves increased and Mine Life extended at Corihuarmi. 2008 Corihuarmi capital and development costs recovered by October as a result of strong production results. Commercial production declared at Corihuarmi and first gold pour achieved in March. Exploration and drilling program started on the Ollachea Project. 2007 Commencement of the Corihuarmi Gold Mine construction. Five-year Surface Rights Agreement signed with the Ollachea Community. Minera began trading on the Lima Stock Exchange (BVL:MIRL). 2006 NI 43-101 compliant Feasibility Study completed for Corihuarmi Acquisition of the Ollachea Project. 2003 Private equity funding secured for exploration and development of Corihuarmi. Exploration program focused primarily on the Susan and Diana zones. 2002 Courtney Chamberlain, Barrie Sullivan and Diego Benavides founded Minera IRL. Acquisition of the Corihuarmi project. Corporate Overview Directors and Management Profiles Advisors Timeline Governance Av. Santa Cruz 830, Of. 401 Miraflores Lima 18 – Peru (+511) 418-1230 © 2021 Minera IRL | Disclaimer | Privacy Policy | Website by Adnet Home Corporate Operations CSR Investors News Contact Us Privacy Policy Cookies are used to make this website work and to enhance your experience. To learn more about the types of cookies this website uses, see our Cookie Policy. You can provide consent by clicking the "I Consent" button or by canceling this cookie notice. I Consent Manage Cookies Cookies are used to make this website work and to enhance your experience. To learn more about the types of cookies this website uses, see our Cookie Policy. We need your consent to use marketing cookies. Marketing cookies are used to track visitors across websites. The intention is to display ads (via third party services) that are relevant and engaging for individual users. Please select the checkbox below to indicate your consent. I consent I do not consent Save Preferences Your cookie preferences have been saved