Chile Metals and Highlande Resources Corp. announced the completion of Minotaur Exploration Ltd.'s analysis of the ground Pulse Electro-Magnetic (PEM) data collected by Clearview Geophysics Ltd. in December. The results were very positive, Maxwell plate modeling delineating a target of considerable strike length and depth. Minootaur Exploraation Ltd. has confirmed the VTEM and PEM target on BRN _VT01 Grid at Bass River North. The body is interpreted to have a strike length of 540 meters a depth extension of 467 meters. The target dips 50 degrees to the southeast. Both ground work and modeling suggest the target extends to the north off of the survey grid. As suggested by both the airborne and ground geophysics and subsequent plate modeling, Target BRN_VT01 is of substantial size and accordingly, should be tested by several drill holes along strike. To the southwest, drilling of the Gamble Lake target encountered Pb, Zn, Ag mineralization within and proximal to pyrrhotite and pyrite veining hosted by a silicified tuff. Mineralization consisted of sphalerite and galena and lesser chalcopyrite and bornite. BRN_VT01 is the projected extension of this mineralization; the geophysical target substantially larger than that drilled in 2014. Geologically, BRN_VT01 is interpreted to be in proximity to the contact of the granitic Pleasant Hills Pluton. Ideally, this would provide a structural host for mineralization as found elsewhere in the Cobequids, specifically the Bass River Magnetite /Cobalt occurrences. Access to the area is very good via the Old Castlereagh Road. By utilizing a skid mounted drill and secondary roads and trails, the environmental impact will be kept to a minimum while also facilitating an expanded program if results dictate.