Minerales Ferrosos de Mexico, S.A. de C.V. its a legallyincorporated and registered company before the Mexican Gobernmentauthorities in the 2010 year. It lies conformed by a group ofentrepreneurs with 24 years of experience in mining in BajaCalifornia and in Mexico. Among our partners we have miners who hadworked with mining gold, iron, sand and other minerals, also ageologist engineer and experienced business managers in the exportof other products to China, South Korea and other southeast Asiancountries. During the years 2010, 2011 and 2012 we focused the workof the company to locate, evaluate and negotiate contract rightsfor iron ore mining operation, and the preparation of theenvironmental impact studies to obtain the federal and statepermits required to export the iron. From January this year, westarted the work to make a joint venture to trade mineral copperore concentrate well as copper slag.