Mining Stock Education

Sombrero Resources recently optioned the high-grade Takana copper-nickel district in southeastern Peru. The Takana district is comprised of claims encompassing 50,300 hectares and has numerous high-grade copper-nickel occurrences. The claims are located approximately 90km northwest of the city of Cusco and approximately 235km northeast of the Sombrero District, where the Company controls 130,000 hectares on the western extension of the Andahuaylas Yauri belt. Numerous high-grade copper-nickel occurrences have been identified in the Takana district, primarily through first pass reconnaissance channel and rock sampling by the previous operator. There are two multi-kilometre trends of mineralization in the central region of the property with channel sample highlights including: 10 metres (m) of 2.08% copper (Cu), 0.85% nickel (Ni), 0.61 g/t platinum (Pt), and 0.96 g/t palladium (Pd); 4m of 6.11% Cu, 0.08% Ni, 5.54 g/t Pt and 9.51 g/t Pd; 18m of 0.51% Cu, 0.43% Ni, 0.17 g/t Au, 0.16 g/t Pt, and 0.15 g/t Pd; and