The Author has no reason to believe that there are any deficiencies in information that has been received from other experts that would have a material impact on the opinions, conclusions and recommendations expressed by the Author in this Report

During 2009 a ramp was completed to access the Hinge zone to allow an initial bulk sample test and to determine continuity of the vein structure. As noted above, the bulk sample was batched through the RLM mill during the second half of 2009 and reconciles well with the current Geoex resource estimates. The Hinge zone has since been developed over approximately 50 vertical feet from the 9850 level down to the 9320 level with planned production of 109,895 tons of resources grading 0.35 ounces per ton for 2010.

The 007 Zone was discovered in the fall of 2009. The 007 Zone is located approximately 2000 feet southeast of the Hinge zone. The Company has extended a decline from the Hinge mine workings to the 007 Zone. The ramp has provide access to 007 Zone for bulk sampling and confirmation of the continuity of the vein structure on the 9220 Level. Planned bulk sampling from 007 Zone in 2010 will be 31,850 tons of resource at a grade of 0.45 ounces per ton.

In addition the decline will provide access to cut drill stations to test the Hinge and L10 at depth, to test other zones that have been indicated by drilling between Hinge and 007 Zone, and to test 007 Zone down dip and along strike at depth. Historic exploration in the Bissett area focused on vein structures within the SAM unit and gold mineralization discovered along the Normandy Shear Zone to the east of the Rice Lake Mine. There were a few gold showings discovered in the Bidou Lake Assemblage north of the SAM unit, however, exploration shafts were unsuccessful in establishing significant resources and it was concluded that the Bidou Lake sequence was not structurally conducive to the development of large, gold-bearing zones.

In 2008, Bill Ferreira, an exploration consulting geologist to the Company, recognized that the historic exploration

shafts to the east of the Rice Lake mine formed a pattern suggestive of north-northeast trending cross structures spaced approximately 1500 feet apart and further, that a similar pattern was apparent in the upper and lower parts of the Rice Lake Mine in terms of the location of the vein structures in the upper levels compared to those below the 26 Level. Mr. Ferreira termed these cross structures “hinges” and recommended a program of surface drilling in the vicinity of the exploration shafts on the Wingold and Gold Standard showings which were located on the first “hinge” immediately to the east of the Rice Lake Mine. Early in the drill program, what is now known as the Hinge Mine, was intersected and successful follow-up drilling resulted in development starting in early 2009.

Vein structures and mineralogy in the Hinge Mine are very similar to the 16-type and 38-type veins in the Rice Lake Mine. In the Author’s opinion the strike length and depth continuity potential of the vein structures at the Hinge should be similar to those at the Rice Lake Mine.

Following discovery of the Hinge Mine, the company continued surface exploration drilling which resulted in the discovery of four additional zones (Cohiba, L13, 007 and Emperor, See Figure 2) in a similar geological setting within the Bidou Lake Assemblage.

An airborne LIDAR Survey is the only exploration done by the Company other than surface and underground drilling, the results of which are discussed in Sections 10 and 16, There is a wide-range of structural information (bedding planes, shearing, lineations, joints, geological contacts, etc) that can be extracted from the LIDAR bare earth digital terrain model. Note that when viewed in Adobe Acrobat PDF format the quality of the data is apparent even though the graphics are significantly degraded from the original product in order to keep the size of the drawing files reasonable.

The Author’s preliminary evaluation focused on the major faults and related shears that are apparent in the LIDAR data. The Wanipigow Fault marks the boundary between the Uchi volcanic-plutonic terrain and the Wanipigow (Manitoba)- Berens River (Ontario) metamorphic plutonic terrain. The Wanipigow Fault extends to the east through the Red Lake Area of Ontario. The Normandy fault and the other shear zones all appear to be splays off of the Wanipigow, which, from east to west, splay off from the south side of the Wanipigow Fault, initially trending to the southwest and then gradually swinging to a west to west northwest strike direction. Beyond the west boundary of the map area some of the shears veer back up and rejoin the south side of the Wanipigow Fault.

From the Author’s experience in the area it was also apparent that these LIDAR shears have the same orientations as shears that cross the SAM unit and are structurally related to the shear-type and tensional-type gold bearing quartz veins in the RLM. The Author, based on maps contained in a report by Rhys (2001), constructed 3-dimensional models of the major shear-type vein systems in the RLM and projected them up plunge to surface and found that their surface locations plotted very close to where the LIDAR conjugate shears cross the surface trace of the SAM unit which hosts

the RLM gold mineralization. Further, there is a close spatial association of the new discoveries in the volcanic rocks that overlie the SAM Unit (Hinge, 007, L13, Cohiba and Emperor) and the Lidar shear systems.

Based upon this 3-dimensional correlation the Author concludes that the LIDAR shears correlate with the RLM shears and hence the Hinge type mineralization in the volcanic rocks in the hanging wall of the SAM unit are hosted in the same structures and thus are part of the same mineralizing event as the RLM gold mineralization. This interpretation has significant implications regarding the depth potential of the newly discovered mineralization at the Hinge and 007 as these structures within the RLM contain gold mineralization from surface to over 5000 feet below surface (7000 feet down the dip of the veins). The RLM mineralization is open at depth below 5000 feet.

Anderson (2008) provides the regional trends of lineations that occur within the shears. Based upon the LIDAR interpretation there is a reasonably accurate indication of the variations in the strike of the shears. As the lineations lie in the plane of the shear, if an estimate of the direction and angle of plunge of the lineation can be made then variations in the dip of individual shears can be determined. This can then be applied in 3D Autocad and a reasonably accurate 3D model of the shear systems and the known gold resources can be created. It is beyond the scope of this Report to complete such a study, however, the Author is of the opinion that such a study is warranted. It will provide new insights for the geological staff who are dealing with the structural complexities of the Rice Lake Project on a daily basis and further it will be a valuable tool in illustrating the nature of the structures to third parties who have an interest in the Property.