Los Cerros Limited reported the first drill results from Ceibal, the Company's new porphyry target, located less than 1km from the Tesorito South porphyry discovery, both of which are part of the Company's 100% owned Quinchia Project in Risaralda - Colombia. The assays from both holes have validated Ceibal as a promising porphyry target with elevated gold and porphyry signature pathfinders over the entire core lengths of CEDDH01 and CEDDH02 and provides further evidence of the Marmato Fault Corridor being a highly prospective region for the emplacement of significant gold porphyry systems. The first drill hole at Ceibal (CEDDH01) is interpreted to have remained in an intrusive porphyry suite for its entire 500m length entering andesites at surface and recording occasional narrow shear zones, intrusive breccias and diorite dykes, up to ~20m wide in some areas. Porphyry style veining and alteration is visible across all units for the length of the drill core. Gold assays reported 500m @ 0.52g/t Au from surface, with higher gold grade intercepts tending to be associated with shear/breccia zone contacts and include: 72m @ 0.78g/t Au from surface including 24m @ 0.95g/t Au from 42m, 26m @ 0.72g/t Au from 114m, 8.45m @ 0.91 g/t Au from 170m, 21.75m @ 0.72 g/t Au from 302m, and 4m @ 1.5g/t Au from 368m. CEDDH02 drill pad was placed 100+m northeast of CEDDH01, further from the centre of soil geochemistry gold - copper anomalism. The first 400m of core consists of porphyry suite andesites, similar to the unit logged in CEDDH01. The remainder of the hole consists largely of country rock basalt, cut by occasional dykes of diorite to EOH at 586.6m. Porphyry style veining and alteration is visible across all units, including the country rock basalts, for the entire length of the drill core which delivered 586m @ 0.51g/t Au from surface including: 150m @ 0.63g/t Au from 114m including 52m @ 0.81g/t Au from 176m, interpreted to be the depth extension of the 72m surface intercept recorded in CEDDH01, 28m @ 0.73g/t Au form 380m including 6.10m @ 0.96g/t Au from 398m at the andesite/basalt contact, 4.40m @ 1.07g/t Au from 442m in basalts above a narrow diorite dyke contact, 4.0m @ 1.04g/t Au from 500m in basalts, and 14.1m @ 1.02g/t Au from 572.5m to end of hole in basalts.