C opyrig h t 20 12 by Rich mont Mi nes TS X N YS E MKT RIC 2 Sa fe har bo r statement caution ar y note to US inves tor s concer ning re sour ce estimates Thi s pres e n t a ti on c on tai ns f or w ar d lo ok ing s t a te m e nt s th a t inc lu d e ris ks and un cert a int i e s Th e f ac t or s th a t c ou ld c au se ac t ua l res ul ts to d iff e r mat e rially f r om t hos e ind ic ate d in suc h f or w ar d lo ok i ng s t a te m e nt s inc lu d e c hange s in t h e prev ai ling price of g ol d t h e C a na d ian U S e x c ha nge r ate g r a d e of or e mi ned and un f ore s e e n d iff icul ti e s in mi n ing op e r a ti on s t h at c ou ld af f e ct r e ven u e and pr od uc ti on c ost s Ot h e r f ac t ors suc h as u nc e r t ai nti e s r e g ar d ing g o vern m e n t r e g ul a ti o ns c ou ld al so af f e ct th e re s ul t s Ot h e r ris k s m ay be d e t ailed f r om time to time in R ic hm on t M ine s I nc s peri od ic r e po rts and annual no ti c e Th e re s ourc e e s t i m at e s in t h is pr e s e n t at ion wer e pr e par e d in acc ord anc e wit h Regu lat i on 43 101 ad opt e d by th e Ca na d ian S e cu rit i e s A d mi nis trator s Th e r e qu ire m e n ts of Reg ul a ti on 43 101 d iff e r si g nif ican tly f rom th e r e quir e m e nt s of th e Uni t e d Stat e s S e cu ri ti e s and E x chan g e Co mm i ss ion t h e SEC In this pre s e n ta ti on we u s e the t e rms M e asur e d I nd icate d and I n f e rred Res ou rc e s A lth ou g h t h e s e t e r ms ar e r e co g n iz e d and req uir e d in Cana d a the SE C d oe s not r e co g niz e th e m Th e S E C p e rmi ts U S mi nin g co mpa ni e s in th e i r f ili ngs w i th th e S E C to d is cl os e only th o s e mi n e ral d e p osi t s th a t co ns ti t ut e Re s e rv e s Und e r Uni t e d Stat e s s t a nd ard s m in e ral iza t ion m ay no t be cla s s i f ie d as a R e s e rv e unl e s s t h e de t e rm in ati o n h as b e e n m ad e t h a t th e mi n e ra liza t ion co ul d be e co no mi c al ly and leg al ly e x tract e d at th e ti m e th e d e t e rmi na t ion is made Uni t e d Sta t e s inv e s tors sh o ul d no t a s sum e t hat all or a ny p ortio n of a M e a sur e d or I nd icat e d Re sourc e w il l e v e r be co nv e rt e d i nt o Res e rv e s Fur th e r I nf e rred Res ou rc e s hav e a g r e a t a mou nt of un cer tai n ty as to th e ir e x i s t e nc e and w he th e r th e y can be mi ned e co no mi c al ly or leg al ly and Uni t e d State s inv e st ors s houl d not a s sum e th a t I nf e rred Res o urc e s e x is t or can be l e g al ly or e co no mi ca l ly mi n e d or th at th e y w ill e v e r be upgrad e d to a hi g he r ca te g ory U S I nv e s tors ar e urg e d to co n si d e r th e d is cl osur e in o ur an nu a l report on Fo rm 20 F Fil e No 001 145 98 w hi ch may be obtai ned f rom us or f rom the SEC s w e b site http se c g ov e d g ar s ht ml C opyrig h t 20 13 by Rich mont Mi nes