Crazy Horse Resources Inc. (CZH:CA)

THE TAYSAN COPPER-GOLD PROJECT PROJECT

The Taysan Project is located on the south western segment of the island of Luzon in the well developed
industrial province of Batangas, 100km south of Manila. The Project comprises of 11,254 hectares with
two known deposits: a large copper-gold porphyry deposit (the "Taysan Deposit") similar to other
copper-gold porphyry deposits previously mined in the Philippines, and the Antipolo Epithermal Gold
Mine.
The Taysan Project has had a lengthy history under various joint ventures and option agreements since
modern exploration commenced in 1968. The majority of work has focused on resource de!nition
drilling and assessment of the Taysan Deposit.
Snowden (1995) reported a resource of 391Mt @ 0.30% Cu and 0.21gpt Au (0.2%Cu
cut o"). Recent Whittle modelling at $2.50/lb copper and $1000/oz gold shows
an economic deposit containing 734 Mt at 0.24% Cu and 0.11 g/t Au. A total
of 195 drillholes are recorded for about 44,531m, of which 144 holes
totalling 36,562m were drilled at or nearby the Taysan Deposit. Feasibility
studies have been carried out by BHP Engineering and Pincock Allen & Holt.
The project has a 25-year mine life with excellent exploration potential and
a 3-year payback. Years 1-7 have very low production costs and a very low
strip ratio, 0.56/1, versus an industry average of 2.5/1. The Project includes
high grade copper concentrate with gold, silver, magnetite and other
by-products.

Project Timeline

The First 24 months of the Project will be focused on scoping and
feasibility studies. The technical background work and a
detailed engineering design will be complete by the end of Year 2. Year 3 will support the final
design for construction, permitting and sourcing of materials, as well as recruiting appropriate
mine and support staff. Full production is expected to begin halfway through Year 5.