Resources and Reserves

Resources and Reserves

Tick Hill Ore Reserve Statement 1,3

Tick Hill Reserve Proven Probable Diluted and Recovered Total
tonnes g/t ounces tonnes g/t ounces tonnes g/t ounces
Open Pit 0 0 0 48,600 6.53 10,200 48,600 6.53 10,200
Ore Reserves 0 0 0 48,600 6.53 10,200 48,600 6.53 10,200

Tick Hill Mineral Resources Statement 2,3

Tick Hill Mineral

Resources
Indicated Inferred Total
tonnes g/t ounces tonnes g/t ounces tonnes g/t ounces
Main Lode 61,000 6.9 13,400 92,000 7.31 21,700 153,000 7.15 35,100
Hangingwall Lode 32,000 4.4 4,500 21,000 7.07 4,900 53,000 5.46 9,400
Tick Hill Total 93,000 6.04 18,000 114,000 7.27 26,600 207,000 6.71 44,600

Notes:

  1. The Tick Hill Open Pit Reserve has been calculated at a cut-off of 1.0g/t Au
  2. Tick Hill Mineral Resource has been calculated at a cut-off of 0.5g/t Au
  3. Prepared in accordance with the December 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves” (JORC Code)