NI 43-101 Disclosure

National Instrument 43-101 ("NI 43-101") provides the rules and guidelines for the Standards of Disclosure for Mineral Projects for companies which trade on stock exchanges overseen by the Canadian Securities Administrators or issue other instrumented securities within Canada. Atacama Pacific provides appropriate NI 43-101 disclosure where and as required as set forth in the guidelines.

With respect to the current Prefeasibility Study ("PFS") disclosure presented within this website, Maria Leticia Conca Benito, Mining Engineer, Universidad de Chile, Registered Member of Chilean Mining Commission, CEO and Project Director, Alquimia, is an independent qualified person as defined by NI 43-101, is responsible for the compilation of the information and preparation of the overall PFS and is responsible for the information provided for the metallurgy and process plant design. Ms. Conca reviewed and approved the information provided within the PFS press release from which the current website disclosure was derived.

Carlos Guzmán, a mining engineer, Fellow of the Australasian Institute of Mining and Metallurgy and a registered member of the Chilean Mining Commission, is an independent qualified person as defined NI 43-101. Mr. Guzmán is a Principal and Project Director with NCL, Santiago, Chile and is responsible for the mining related sections of the PFS including the generation of the pit shell for constrained resources and the mineral reserve estimate.

Dr. Eduardo Magri, a mining engineer (University of Witwatersrand) and a Fellow of the Southern African Institute of Mining and Metallurgy, is an independent qualified person as defined NI 43-101 and is responsible for the current mineral resource estimate.