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12

Main Zone 1-4 m thick but

continuous along 700 m strike

length and to depth

Mineralization open to depth – ie:

7.0m @9.27% Cu – 1,200 m depth

Possible parallel zones (see

exploration)

*Roscoe Postle Associates Report for CBay, July 9,

2012

CBay Production Potential: Corner Bay

Resource calculation (2012 43-101 using 2%

Cu cutoff*)

Measured: 360,000 tonnes @3.44% Cu

Indicated: 465,000 tonnes @ 3.40% Cu

Inferred: 734,000 tonnes @3.33% Cu