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  1. 219,000 measured ounces Au and 392,000 indicated ounces Au and 1,225,000 ounces Au inferred at 0.30g/t cut-off.
  2. A qualified person has not completed sufficient work in order to classify historical resource estimates on the Frasergold property as current mineral resources or reserves and the Company is not treating these historical estimates as current mineral resources or reserves but as historical estimates for information purposes only that should not be relied upon.

John R. Kerr P. Eng. is a Qualified Person pursuant to NI 43-101 and has reviewed and approved the technical contents above.