Re ce nt Pro ject D ev elop men t Dr i l l i ng progr am of 30 000 m i n 201 011 demons tr ated the siz e potenti al of the Frankfiel d Eas t dep osit Extens i ons along stri ke 800 m and at de pth 900 m Updated NI 43 101 c ompli ant resou rc e e stimate i n Jun e 2011 whi c h outl i ne d 12 mil l i on ounces of indic ated i nf erred gold resou rc es approx 6 mi l l i on to nne s 6 7 gt Au at a 3 gt c ut off grade Detai l ed mineral ogic al stud y on the F rankfiel d East de pos i t de termi ne d the pres en c e of a rsen opyri te an d pyri te as the maj or sulphide mineral s wi th gold as soci ated almost excl us i ve l y wi th arse nopy ri te The g oal of detail ed metal l urgi c al testw or k and en gineeri ng studies co mplet ed to date was to ens ure viable project de ve l opme nt alt ernatives would be ava i l able Rec en t preli minary economic as se ss men t P EA for the c urr en t resou rc e at Frankfiel d East de pos i t qu antifi es the metall urgic al wor k done to date 4