Page 47 Y OUR HARDR OCK MINING SER VICE SUPPOR T SOL UTIONS SSB Small Se c tion Bol ter Y our gr ound support soluton f or smaller mine openings the SSB Small Secton Bolt er is based upon the highly success ful Series 900 Bolt er The bene fts of sa f e ty pr oductvity v er sa tlity and quality of ins t alla ton c ombine t o pr o vide the ideal t ool f or the mine de v elopm en t cy cle and r ehabilit a ton oper a tons The SSB s oneman oper a ton allo w s f or sequen tal boltng ring se t up s fr om the scissor pla t orm all under support ed gr ound Visit us at Timmins Mining Expo May 29 30 2013 Booth 31 Timmins ON Canada salesmacleanengineeringcom wwwmacleanengineeringcom 1 7056708014 Mine Ma te Serie s A tt a chment s Con v enien t and v er sa tle the MacLean Engineering Mine Ma t e Series A t achmen ts ar e r eady when y ou ar e With its full 360 degr ee r ang e of c on tnuous moton the Mine Ma t e F an Handler is ideal f or f ant obulkhead ins t alla tons The MineMa t e Pipe Handler has the maneuv er ability of a r obotc arm with the c apacity t o lif pas t e flled pipes With the c on v enience of the ele v a t ed w ork pla t orm and f or w ar d and side shif op ton this elimi na t es the need f or multple v ehicles and allo w s f or further ins t alla ton c o v er ag e SS2 SS3 Sho t crete Spr a yer s The MacLean Engineering MineMa t e SS2 SS3 Shot cr e t e Spr a y er is a rug g ed mechaniz ed shot cr e t e spr a ying s y s t em de v eloped specifc ally f or under gr ound gr ound support applic a tons The unit is op tmiz ed t o mak e use of the la t es t de v elopmen ts in w e t shot cr e t e ma t erials additv es and spr a ying pr ocesses f or r educed airborne partcula t es while ensuring high quality and perf ormance Page 47 AuRicoYOUNGDA VIDSON MINE Page 46 Contd from pg 45 Davidson mine as under ground pro duction rampsup over the year and as improved productivity is achieved through the commissioning of the shaft infrastructure during the third quarter As a result production in the sec ond half of the year is expected to strengthen and will exceed production during the frst half of the year Cash costs are expected to be in the range of 540 to 620 per ounce and allin costs are expected be between 1100 and 1200 per ounce The company intends to provide allin cash costs as a reported measure in 2013 At Y oungDavidson gold production in 2013 is estimated in the 120000 140000 ounce range The mine is ex pected to hit 250000 ounces annually in 2016 Capital investm ent at Y oungDavid son is heading towards half a billion dollars including 135 to 150 mil lion planned for 2013 Our growing production profle is primarily driven by the Y oungDa vidson Mine where over the last four months of commercial production we have demonstrated the growing po tential of this asset stated Perry In 2013 we will be focused on completing our nonrecurring capi tal investment projects including the commissioning of the Northgate shaft during the third quarter which will enhance unit costs and improve under ground productivities at Y oung Davidson W e enter 2013 as a trans formed company with a management team committed to deliverin g share holder value Northgate paid Matachewan Con solidated cash of 216500 retention of the royalty of ore mined and pro cessed from the property and North gate assuming liability for a note pay able on the property of 383434 On Nov 26 2012 Matachew an Con solidated announced the commence ment of actual royalties earned from gold production at the Y oungDavid son Mine The company reports that approxi mately 47000 tonnes of ore was pro cessed from the Matachewan prop erty during October 2012 recovering 2300 ounces of gold and generating an estimated royalty of US215000 Under the terms of the agreement dated June 1 1979 as amend ed with AuRico Matachewan Consolidated earns a base royalty of US1105 per tonne of ore mined and processed from the former producing Matache wan Mine property an additional slid ing scale royalty is also earned if the price of gold exceeds 270 US per ounce This amounts to 5 of the in crease per ounce recovered above the base rate of 270 US per ounce the price is based on the average quarterly price of gold sold on the free market during the quarter that the ore is pro cessed The property is located in Powell and Cairo T ownships Larder Lake Min ing Division Ontario and forms a portion of the Y oungDavidson Mine operated by AuRico Capital Investment in Y oungDavidson Y OUR HARDR OCK MINING SER VICE SUPPOR T SOL UTIONS SSB Small Se c tion Bol ter Y our gr ound support soluton f or smaller mine openings the SSB Small Secton Bolt er is based upon the highly success ful Series 900 Bolt er The bene fts of sa f e ty pr oductvity v er sa tlity and quality of ins t alla ton c ombine t o pr o vide the ideal t ool f or the mine de v elopm en t cy cle and r ehabilit a ton oper a tons The SSB s oneman oper a ton allo w s f or sequen tal boltng ring se t up s fr om the scissor pla t orm all under support ed gr ound Visit us at Timmins Mining Expo May 29 30 2013 Booth 31 Timmins ON Canada salesmacleanengineeringcom wwwmacleanengineeringcom 1 7056708014 Mine Ma te Serie s A tt a chment s Con v enien t and v er sa tle the MacLean Engineering Mine Ma t e Series A t achmen ts ar e r eady when y ou ar e With its full 360 degr ee r ang e of c on tnuous moton the Mine Ma t e F an Handler is ideal f or f ant obulkhead ins t alla tons The MineMa t e Pipe Handler has the maneuv er ability of a r obotc arm with the c apacity t o lif pas t e flled pipes With the c on v enience of the ele v a t ed w ork pla t orm and f or w ar d and side shif op ton this elimi na t es the need f or multple v ehicles and allo w s f or further ins t alla ton c o v er ag e SS2 SS3 Sho t crete Spr a yer s The MacLean Engineering MineMa t e SS2 SS3 Shot cr e t e Spr a y er is a rug g ed mechaniz ed shot cr e t e spr a ying s y s t em de v eloped specifc ally f or under gr ound gr ound support applic a tons The unit is op tmiz ed t o mak e use of the la t es t de v elopmen ts in w e t shot cr e t e ma t erials additv es and spr a ying pr ocesses f or r educed airborne partcula t es while ensuring high quality and perf ormance AuRicoYOUNGDA VIDSON MINE