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Casino Snapshot

Based on Pre-feasibility Study - August 2008
OWNERSHIP 100%
DEPOSIT TYPE Porphyry
RESERVE 914M tonnes mill + 78 M tonnes heap (Proven + Probable)
PRIMARY METALS Gold, copper and molybdenum
PROCESS Conventional flotation mill & gold heap leach
END PRODUCTS Copper-gold and moly concentrates & gold-silver doré
MINE TYPE Open pit
MINE LIFE 30 years
EMPLOYEES 650 (peak production), 1,400 (peak construction)
LOCATION 380 km northwest of Whitehorse, Yukon - 560 km from year-round port at Skagway, AK
STATUS Pre-feasibility study completed / Permitting preparation / Exploration
SCHEDULE Permitting: 2011-2013
Production: Heap 2015 - Mill 2016

Notes:

Pre-feasibility Study: M3 Engineering & Technology Corporation, August 2008 - Qualified Person: Timothy S. Oliver, P.Eng. - Metal Prices: US$2.95/lb copper, US$647.4/oz gold and US$30.97/lb molybdenum (LME three-year historical rolling average metal prices as of the end of May 2008) - Foreign Exchange: C$ 1.00 = US$ 1.00

Updated: June 9, 2010