F o r w a r d L o o k i n g S t a t e m e n t s 2 This p rese n tat io n co n tain s fo rward lo o k in g in fo rm ati o n an d fo rward lo o kin g stat em e n ts co ll ect ive ly fo rward lo o kin g stat em e n ts Al l stat em ent s o ther than stat em ent s o f h isto ric al fact that ad d ress activ iti es ev ents o r d ev elo p m ent s that the Co m p an y b eliev es ex p ect s o r an ticip ate s will o r m ay o ccur in t h e fu ture in clu d in g witho u t li m itat io n stat em ent s rega rd in g ex p lo ratio n p ro g r am s p o te n tial m in erali z atio n fu ture p lan s an d o b jec tiv es o f the Co m p an y u p d ate d to the m in eral reso u rces an d t h e tim in g an d re sul ts thereo f are fo rward lo o kin g stat em ent s These fo rward lo o kin g stat em e n ts reflect the cur rent ex p ect atio n s o r b eliefs o f the Co m p an y b ased o n in fo rm atio n cur rently av ail ab le to the Co m p an y Fo rward lo o kin g stat em e n t s are sub jec t to a nu m b er o f risks an d u n cert ain ties that m ay cau se the actual resul ts o f the Co m p an y t o d iff er m ate ria ll y fro m tho se d iscu ssed in t h e fo rward lo o kin g stat em ent s an d e v en if su ch actual resul ts are re ali z ed o r sub sta n tial ly reali z ed there can b e n o assu ran ce that they will h av e the ex p ect ed co n sequ ences to o r effec ts o n the Co m p an y Fa cto rs that co u ld cau se actual resul ts o r ev ents to d iff er m ate ria ll y fro m cur rent ex p ect atio n s in clu d e am o n g o ther thi n g s u n cert ain ties rela tin g to the av ail ab il ity an d co sts o f fin an cin g n ee d ed in the fu ture cha n g es in c o m m o d it y p rices cha n g es in equ ity m arket s cha n g es to reg u latio n s affecting the Co m p an y s activ itie s the u n cert ain ties in v o lve d in interp reting ex p lo ratio n resul ts an d o ther g eo lo g ica l d ata an d the o ther risks in v o lve d in the m in eral ex p lo ratio n in d u stry An y fo rward lo o kin g stat em e n t speaks o n ly as o f the d ate o n which it is m ad e an d ex cept as m ay b e requ ired by ap p li cab le sec u ri ties laws the Co m p an y d iscla im s an y intent o r o b li g atio n to u p d ate an y fo rward lo o kin g stat em ent whet h er as a resul t o f n ew inf o rm a ti o n fu ture ev ents o r resul ts o r o therwise Al tho u g h the Co m p an y b eliev es that the assu m p ti o n s in h erent in t h e fo rward lo o kin g stat em ent s are re aso n ab le fo rward lo o k in g stat em ent s are no t g u aran te es o f fu ture p erfo rm an ce an d acc o rd in g ly u n d u e relia n ce should n o t b e p u t o n such stat em ent s d u e to the in h erent u n cert ain ty therein T S X ME