The Company recently reported the results of a Mineral Resource Estimation recently completed on the Nixon Fork Gold Project, located in Alaska's Tintina gold belt. The resource estimate was completed by Giroux Consultants Ltd. of Vancouver, Canada. The total Indicated Resources are 3,995,000 grams (128,500 ounces) of contained gold plus an Inferred Resource of 2,321,000 grams (74,600 ounces) of contained gold.

Indicated Resources of:

• 121,690 tonnes grading 26.9 g/t (0.78 opt) in the mines plus
• 92,000 tonnes grading 7.9 g/t (0.23 opt) in the tailings for
• 3,995,000 grams (128,500 ounces) of contained gold

Inferred Resources of:

• 70,780 tonnes grading 27.8 g/t (0.81 opt) in the mines plus
• 48,000 tonnes grading 7.4 g/t (0.21 opt) in the tailings for
• 2,321,000 grams (74,600 ounces) of contained gold

• 94% of all resource ounces close to existing mine development
• On going 28,000 metre drill program to expand resources

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