| · | Record Attributable Gold Equivalent ounces sold (as defined hereinafter), for the three months and year ended December 31, 2016 were 13,245 ounces and 49,731 ounces, respectively, compared with 8,951 ounces and 45,146 ounces for the comparable periods in 2015. |
| · | Revenue for the three months and year ended December 31, 2016 was $16.5 million and $62.4 million, respectively, compared with $9.9 million and $52.7 million for the comparable periods in 2015. |
| · | Cash flows from operating activities for the three months and year ended December 31, 2016 were $10.1 million and $39.0 million, respectively, compared with $5.0 million and $30.8 million for the comparable periods in 2015. |
| · | Cost of sales, excluding depletion for the three months and year ended December 31, 2016 were $3.3 million and $12.8 million, respectively, compared with $2.3 million and $13.6 million for the comparable periods in 2015. |
| · | Average cash costs for the three months and year ended December 31, 2016 of $2501 and $2581 per Attributable Gold Equivalent ounce, respectively, compared with $2581 and $3001 per Attributable Gold Equivalent ounce for the comparable periods in 2015. |