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doc4261

12/07/10 5:50 PM

#18621 RE: doc4261 #18620

The results of the GEMCOM work yielded a combined volume of Proven and Probable gold and gold-equivalent silver ranging from 2,803,970 ounces Au with an average grade of 0.026 opt to 7,600,000 ounces Au with an average grade of 0.012 opt Au. Cutoff grade in all cases was 0.005 opt Au. Because these numbers were not reported formally and are adapted from preliminary raw data sheets only, they should be recognized as such. In addition, these volumes are for a portion of the entire project only, including the results from less than one third of the drill holes on the project site, and the gold mineralized area has not been defined either in all four horizontal directions, or in depth.