TSX.V: MSR

CORPORATE

ABOUT

MINSUD RESOURCES CORP (TSX.V: MSR) is a mining exploration company established in 2003, listed on the Toronto Stock Exchange Venture since 2011 and it is mostly controlled by its Argentine directors and shareholders. The Company is run by its experienced Management team and overseen by a Board of Directors with solid technical and business background.

MINSUD is focused on exploring its flagship Chita Valley Project, in the Province of San Juan, Argentina. The Project has a resource estimation of 386 million pounds of copper, of which 310.8 million pounds are indicated resources (33.1 million tonnes @ 0.43%, plus Au+Ag+Mo) and 75.4 million pounds are inferred resources (8.6 million tonnes @ 0.40%, plus Au+Ag+Mo).

On November 1, 2019, MINSUD signed an earn-in agreement with South32 to explore the Chita Valley Project. Under the agreement, South32 has the option to earn a 70% interest in the Chita Valley Project upon contribution of exploration funds and a prefeasibility study. To maintain the option in good standing South32 must contribute minimum exploration funding of CAD$14 million over a 4-year option period.

MINSUD also owns La Rosita Project, a gold and silver early stage prospect located in Santa Cruz Province, Argentina, and is currently seeking for a JV partner to commence drilling exploration.

MINSUD’s management and employees maintain a strong awareness of responsibilities towards the local communities and the environment. Proper attention is given to ensure that all the exploration tasks are carried out strictly within the industry standards and the guidelines of the mining and environmental laws. The company prioritizes the use of local suppliers and contractors as well as the hiring of local employees to keep a close relationship with the community.

The board of directors and management believe in the importance of, and are committed to, corporate governance practices for the effective management of the Company, and for the protection of its stakeholders. Corporate governance is the set of processes, policies, laws and institutions affecting the way a corporation is directed, administrated or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the Company is governed.

Mr. Massa began his professional career at PricewaterhouseCoopers, after graduating as an accountant from the Universidad Catolica Argentina (UCA). Mr. Massa has worked as Controller at Minera Sud Argentina S.A., the Company’s operating subsidiary, and Minsud Resources Corp. for more than 10 years. Mr. Massa has been an instrumental part of each stage of Minsud’s development, including the going public transaction in 2011 and the subsequent development of the Company’s Chita Valley project. Mr. Massa also holds a degree in Business Administration from the UCA and a diploma in International Financial Reporting (IFRS) from the Association of Chartered Certified Accountants of England (ACCA). Mr. Massa is also director of Minera Sud Argentina S.A.

Ramiro Massa

President & CEO

Mr. Diego Gordillo is a geologist with more than twenty-five years of experience in exploration companies, with solid experience in project management and new business development, specializing in copper-gold porphyry deposits and epithermal systems. Mr. Gordillo has been involved in the evaluation of several projects and the acquisition of mineral properties. He has evaluated and executed exploration programs from initial stages to pre-feasibility phases for different companies. Between 2004 and 2011 he served as exploration manager for Minera Andes (Mc Ewen Mining) and actively participated in the development of the Los Azules project, a world-class copper porphyry. Mr. Gordillo has a degree in Geological Sciences from the National University of Córdoba, Argentina.

Diego Gordillo

Exploration Manager

Mr. Alfaro is a Professional Consultant Geologist with over fifty five years of experience in the mineral industry. Mr. Alfaro specializes in porphyry copper-gold and epithermal ore deposits, resources and ore reserves estimates, due diligence, project generation, property acquisition and joint ventures, evaluations, and qualifying technical reports. Mr. Alfaro has been involved in development and implementation of exploration strategies and programs for projects situated in South and Central America, Europe and Asia. Mr. Alfaro also has experience working for major international mining companies as a consultant and as a Chief Geologist in South and Central America. Mr. Alfaro is a Qualified Person in Resources and in Ore Reserves, Geology (Chile 0262). Mr. Alfaro is a lecturer and professor of metallogeny and explorations at the Universidad del Desarrollo (UDD) in Chile, and has provided workshops about porphyry and epithermal ore deposits in South and Central America, Mexico and South Africa. Mr. Alfaro holds a degree in economic geology from the Universidad de Chile.

Mario Alfaro Cortes

Exploration Vice President

Mr. Johnston is a graduate of Western University, and joined Forbes Andersen LLP, Chartered Professional Accountants in 2004 and became a partner in 2012. Mr. Johnston has over 12 years of experience with both private and public companies in various capacities, including that of Chief Financial Officer.

Michael Johnston