TS X W DO 29 Cautiona r y S tat ements E s tim ate s o f M i n e ral R e s ou rces T h is pr e s e n tat io n co n t ain s info rmat ion r e gar din g th e mi n e ra l r e s o u r ce e s timate at th e Co mp an y s Kie n a Min e C o mple x w h ic h h as bee n cl as s if ie d in acc o r dan ce w i th th e Can adia n I n s titu t e of Mi n ing Metall u r gy an d P e tr o le u m s C I M De fi n itio n S tan da r ds on Mi n e ra l R e s o u r ce s an d Min e ra l R e s e r v e s in cor p o ra t e d by r e fe r e n c e int o Na tio n al I n s tr u me n t 43 101 Stan da r ds of Dis c lo s ur e f o r Mine r al P r o je c ts NI 43 101 Min e ra l r e s o u r ce s ar e not e co n o mi c mi n e ra l r e s e r v e s an d th e e co n o mi c viabili ty of r e s o u r ce s th at ar e not mi n e ra l r e s e r v e s h as not bee n dem o n s tr at e d T h e e s ti mat e of mi n e ra l r e s o u r ce s may be ma t e rial ly af f e ct e d by ge olo gy e nvir o nme nt al pe r mi tting le gal titl e s ocio po l iti cal mark e ting or ot he r r e le v an t is s u e s It is u n ce r tain in all cas e s w h e th e r fu r th e r e xp l o ra tio n w il l r e s u lt in u pg ra din g th e i n fe r r e d mi n e ra l r e s o u r ce s to an ind ic at e d or me as u r e d mi n e ra l r e s o u r ce cat e go r y Qu ali fi ed P er son T h e s ci e n tif ic an d t e ch n ic al i n fo rmat io n in th i s pr e s e n tat io n h as bee n r e vie w e d a n d ap p r o v e d by Mic h ael Mic h a u d P G e o an d Vic e Pr e s ide n t E xp lor atio n of th e Co mp an y w h o is a q u alif ie d per s o n w ith in th e me an ing of NI 43 101