Casino Resource & Reserve

NI 43-101 Compliant Resource Estimate*

LEACHED CAP / OXIDE GOLD ZONE AT 0.40 g/t Au Cut-off
Class	Cut-off Category	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %
INFERRED	> 0.40 g/t Au	1	0.10	0.45	0.01	0.44
INDICATED	> 0.40 g/t Au	10	0.06	0.48	0.01	0.44
MEASURED	> 0.40 g/t Au	28	0.08	0.60	0.03	0.60
MEASURED + INDICATED		38	0.07	0.57	0.02	0.56
SUPERGENE OXIDE ZONE AT 0.25% Cu EQ Cut-off
Class	Cut-off Category	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %
INFERRED	> 0.25% Cu EQ	9	0.26	0.18	0.01	0.45
INDICATED	> 0.25% Cu EQ	25	0.27	0.19	0.01	0.46
MEASURED	> 0.25% Cu EQ	21	0.36	0.49	0.02	0.82
MEASURED + INDICATED		46	0.31	0.33	0.02	0.63
SUPERGENE SULPHIDE ZONE AT 0.25% Cu EQ Cut-off
Class	Cut-off Category	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %
INFERRED	> 0.25% Cu EQ	23	0.21	0.14	0.01	0.38
INDICATED	> 0.25% Cu EQ	100	0.29	0.25	0.02	0.56
MEASURED	> 0.25% Cu EQ	33	0.39	0.47	0.03	0.87
MEASURED + INDICATED		133	0.31	0.31	0.02	0.63
HYPOGENE ZONE AT 0.25% Cu EQ Cut-off
Class	Cut-off Category	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %
INFERRED	> 0.25% Cu EQ	200	0.15	0.18	0.02	0.38
INDICATED	> 0.25% Cu EQ	795	0.18	0.20	0.02	0.44
MEASURED	> 0.25% Cu EQ	111	0.22	0.27	0.03	0.55
MEASURED + INDICATED		906	0.19	0.21	0.02	0.45

 

NI 43-101 Compliant Reserve Estimate**

		Reserve Grade			Contained Metal
MILL ORE	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %	Copper M lb	Gold k oz	Moly M lb
PROVEN	144	0.284	0.354	0.0311	0.68
PROBABLE	770	0.199	0.215	0.0223	0.46
TOTAL PROVEN + PROBABLE	914	0.212	0.237	0.0236	0.50	4,270	6,960	475
		Reserve Grade			Contained Metal
HEAP LEACH ORE	Tonnes M	Copper %	Gold g/t	Moly %	Cu EQ %	Copper M lb	Gold k oz	Moly M lb
PROVEN	34	0.074	0.545	n/a
PROBABLE	43	0.053	0.333	n/a
TOTAL PROVEN + PROBABLE	78	0.062	0.427	n/a		106.50	1,069.67	n/a

Notes:

(*) Technical Report: August 2008 - Qualified Person: Gary H. Giroux, P.Eng - Resources reported at Cu Eq cut-off grades as indicated - Cu Eq Metal Prices: US$0.80/lb copper, US$350/oz gold, US$4.50/lb molybdenum (US$2.00/lb copper, US$875.00/oz gold, US$11.25/lb molybdenum will result in the same Cu Eq calculation)- No discount for metallurgical recovery in contained metal figures
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(**) Technical Report: August 2008 - Qualified Person: M. Hester FAusIMM - Cu Eq Metal prices: US$2.00/lb copper, US$875.00/oz gold and US$11.25/lb molybdenum