Category Tonnes Grade (g/t Au) Contained ounces

Measured 481,000 3.40 52,600

Indicated 2,624,000 2.17 183,400

Measured+Indicated 3,105,000 2.36 235,800

Inferred (2,624,000)* 1.23 103,500**

* The inferred tonnes are not additional tonnes to the Measured & Indicated tonnes

**Only the contained ounces of gold are additionally inferred.

The geological continuity and the grades are well defined by the 182 drill holes including

112 underground holes in closely spaced section ring drilled patterns, 175 metres of

underground drifting along strike (70 metres below surface), and 17 bulk composite

metallurgical test samples within the mineralized zone.

The definition of Measured and Indicated Resources is in compliance with the CIM

Definitions and Standards on Mineral Resources and Mineral Reserves, December 11,

2005.

Based on the geological continuity and grade of the gold mineralization in the ramp area,

the authors believe an excellent potential exists to convert a significant portion of the

indicated resource within the ramp model area to a measured resource by completing

additional drilling to acquire samples from the zones for metallurgical grade

determinations of composite samples within the respective mineralized zones.

Significant indicated resource tonnage could be added by in-fill drilling from 100-200

metres below surface as well as along strike in both directions from the ramp model area.

The additional in-fill drilling along strike is required to better correlate existing widely

spaced intersections along strike for each of the mineralized zones. Down-dip resources are

currently limited by the lack of drilling at depth to extend these zones.

A two phase diamond drill program is recommended to:

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