Mining & Mineral Exploration Northwest Ontario - Fall 2014
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BLEED Ministry of Northern Development and Mines
Cover Photos
1 Diamond drilling at Premier Gold Mines Ltd.’s Hardrock Project.
2 Mineralized bedrock exposure on Tamaka Gold Corp.’s Goldlund Property.
3 Resident Geologist Program’s Red Lake District Geological Assistant, Syed Ali, examining a sulphide zone on Sabina Gold and Silver Corp.’s Property, Skinner Township.
4 Steven Flank, Project Geologist with Transition Metals Corp., at the Fe-Ti-V-Mineralized Zone on the Empire Lake Property, north of Upsala.
5 Blaine Webster, Goldeye Explorations Limited, examining channel sample, Weebigee Property, Sandy Lake.
Definitions
Current - within previous or current calendar year
Producing Mine - underground or open pit operations that are currently in production
Major Exploration Project - site of current mineral exploration and/or development
Industrial Mineral Producer - open pit operations that are currently extracting dimension stone or industrial minerals in excess of 10 tons per year
Amethyst Producer - seasonal (May to October) open pit operations currently extracting material in excess of 1 ton per year
Identified Mineral Resource - site with historical resource estimates, it is not known if these estimates are in compliance with the reporting standards required by National Instrument 43-101
Notes
∗ Discrepancies may occur in this booklet for which the Ontario Ministry of Northern Development and Mines does not assume liability. ∗ This booklet is revised and released on an annual basis during the month of November. ∗ Parts of this booklet may be quoted if credit is given: Unpublished booklet, Ministry of Northern Development and Mines, Mines and Minerals Division, Mining and Mineral Exploration - Northwest Ontario, 2014. ∗ Please direct enquiries with regard to this booklet to Gerry White at (807) 475-1334. ∗ Cette information est également disponible en français en communiquant avec Andreas Lichtblau au numéro (807) 727-3272.
Abbreviations
CAMH - Canadian-American Mines Handbook Twp. - township CJ - The Chronicle-Journal $ - Canadian dollars NM - The Northern Miner US$ - American dollars CS - Canada Stockwatch M - million ddh - diamond drill hole(s) u/g - underground T - imperial ton(s) t - metric tonne(s) g/t - grams per tonne oz - troy ounces opT - ounces per ton lbs - pounds
Ag – silver Li – lithium PGE – platinum group elements Au – gold Ni – nickel Pt – platinum Co –cobalt P – phosphorus Rb – rubidium Cu – copper Pb – lead REE – rare earth elements Cr – chromium Pd – palladium Zn – zinc
Staff of the Mines and Minerals Division - Northwest Ontario Resident Geologist Program – Ontario Geological Survey
Suite 104, 810 Robertson Street, Kenora, ON P9N 4J2 (807) 468-2813 Fax (807) 468-2930 Craig Ravnaas...... Kenora District Geologist Joanne Wetendorf ...... Kenora District Geological Assistant
Box 324, 227 Howey Street, Red Lake, ON P0V 2M0 (807) 727-3272 Fax (807) 727-3553 Andreas Lichtblau...... Red Lake & Kenora Regional Resident Geologist Carmen Storey ...... Red Lake District Geologist Vacant ...... Red Lake District Geological Assistant
Suite B002, 435 James Street South, Thunder Bay, ON P7E 6S7 (807) 475-1331 Fax (807) 475-1112 Mark Smyk ...... Manager, Resident Geologist Program Northwest Ontario Gerry White ...... Thunder Bay North Regional Resident Geologist Robert Cundari...... Thunder Bay North District Geologist Mark Puumala...... Thunder Bay South Regional Resident Geologist Dorothy Campbell ...... Thunder Bay South District Geologist Therese Pettigrew ...... Mineral Deposit Compilation Geoscientist, Northwest Ontario Stuart Dunlop...... A/GIS Data Specialist, Northwest Ontario vacant ...... Aboriginal Geoscience Liaison Marcia Brunelle ...... Thunder Bay District Geological Assistant Cheryl McDonald ...... Administrative Assistant, Northwest Ontario Rosey Pelaia...... Administrative Assistant, Northwest Ontario vacant ...... Regional Land Use Geologist, Northwest Ontario Mineral Development and Lands Branch
Suite B002, 435 James Street South, Thunder Bay, ON P7E 6S7 (807) 475-1123 Fax (807) 475-1112 Mike Grant ...... Regional Supervisor, Exploration and Development Mark O’Brien...... Exploration and Development Consultant Neal Bennett ...... Exploration and Development Consultant Bryce Barker ...... Exploration and Development Consultant Chris Bath ...... Exploration and Development Consultant Andrew Kane ...... Exploration and Development Consultant Patrick Barnes ...... Exploration and Development Consultant vacant ...... Mining Lands Consultant Rob Purdon ...... Mine Rehabilitation Specialist Nadine Dubois...... Compliance Officer Brad Dragan ...... Inspection Officer Cailey Anderson...... Exploration Inspector Karen Allam...... Administrative Assistant
Aboriginal Relations Branch
Suite 332, 435 James Street South, Thunder Bay, ON P7E 6S7 (807) 475-1100 Fax (807) 475-1112 Melanie Mathieson ...... Senior Aboriginal Liaison Officer Ring of Fire Secretariat
Suite 332, 435 James Street South, Thunder Bay, ON P7E 6S7 (807) 475-1778 Fax (807) 475-1120 Peter Hinz...... Senior Policy Advisor, Exploration and Mineral Development Cyndee Komar ...... Administrative Assistant Paul MacInnis ...... Aboriginal Liaison Officer Ryan Tuomi...... A/Aboriginal Liaison Officer
Gold Mines ...... 1 Hemlo Deposit ...... 1 Mussewhite Mine ...... 1 Red Lake Mines ...... 2 Platinum Group Metal Mine ...... 3 Lac des Iles Mine ...... 3 Industrial Mineral Producers ...... 4 Forgotten Lake and Second Mountain Quarry ...... 4 Red Deer Lake Quarry ...... 4 Redditt Quarry ...... 4 Vermilion Bay Quarry ...... 4 Major Exploration Projects ...... 5 Berens River Project ...... 5 Bermuda Project ...... 5 Blackbird Deposit ...... 5 Black Horse (Koper Lake) ...... 6 Black Thor Chromite Deposit ...... 6 Brookbank Project ...... 7 Bruce Channel Project – Red Lake Mines ...... 7 Burns Block Property ...... 8 Butler Property ...... 8 Cameron Lake Property ...... 8 Cat-Kay Property ...... 9 Coldstream Gold Project...... 9 Crystal Lake Project (formerly Great Lakes Nickel Property) ...... 9 Derlak Property...... 9 Eagle’s Nest Deposit ...... 10 East Cedartree Property ...... 10 Forester Lake ...... 10 Gaffney Patent Property ...... 11 Goldlund Property ...... 11 Goliath Project ...... 11 Griffith Iron Mine Project ...... 11 Hammond Reef Property ...... 12 Hardrock East Project ...... 12 Hardrock Project ...... 13 Hemlo East Property ...... 13 Ishkoday Property (formerly Sturgeon River Property) ...... 13 Junior Lake Property ...... 14 Lingman Lake Property ...... 14 Madsen Mine Property ...... 15 Marathon PGM-Copper Project ...... 15 Marshall Lake Property ...... 15 Moss Lake Project ...... 16 Newman-Todd Property ...... 16 North Madsen Property (Laverty Property) ...... 16 Northshore Project ...... 17 Other Properties – Red Lake Mines ...... 17 PAK Rare Metals Property ...... 17 Phoenix Gold Project ...... 17 Pickle Crow Mine Property ...... 18 Rahill-Bonanza Property ...... 18 Red Lake Extension (RLX) ...... 18 Richardson Lake Gold Project ...... 19 Richardson Township Project ...... 19
Ring of Fire Project ...... 20 Rowan Lake Joint Venture ...... 20 Separation Rapids Property ...... 20 Shebandowan Project...... 21 Springpole Lake Property ...... 21 Sunday Lake Project ...... 22 Thierry Mine Property ...... 22 Thunder Bay North Project ...... 23 Wabassi Property ...... 23 Weebigee (Sandy Lake) ...... 24 Western Lake St. Joseph Property ...... 24 Amethyst Producers ...... 25 Amethyst Mine Panorama ...... 25 Bills Old Amethyst Mine ...... 25 Blue Points Amethyst Mine ...... 25 Boulder Creek Amethyst Quarry ...... 25 Canadian Shield Amethyst Mine ...... 25 Purple Haze Mine ...... 25 Windy Ridge Amethyst Quarry ...... 25 Identified Mineral Resources ...... 26
Gold Mines
Mine Production Reserves Hemlo Deposit 2013 2013 Barrick Gold Corporation - 3 428 000 tons @ 0.06 oz/ton for a - Hemlo Deposit reserves and P.O. Bag 11 total of 204 000 oz Au resources for year ended December Marathon, ON P0T 2E0 - total production to end of 2013: 31, 2013: (807) 238-1041 80 243 631 t @ 5.51 g/t Au for a - Proven and Probable Reserves of total of 14 226 898 oz Au 14 112 000 tons @ 0.072 oz/ton for General Manager – Andrew Baumen (Barrick’s Fourth Quarter and Year a total of 1 019 000 oz Au Chief Geologist - R. Barber End Mine Statistics- 2013) - Measured and Indicated Resource of 58 253 000 tons @ 0.033 oz/ton www.barrick.com for a total of 1 903 000 oz Au (Barrick’s Fourth Quarter and Year-End Mine Statistics- 2013)
- total workforce, including contractors, is 700 (Thunder Bay Chronicle Journal, January 24,2014)
Mussel white Mine 2014 2013 Proven and Probable Reserves Goldcorp Inc. - gold production for the six month (as of December 31, 2013), were P.O. Box 7500 period ending June 30, 2014 totalled 8 985 900 t at a grade of 6.42 g/t Thunder Bay, ON P7B 6S8 142 700 oz Au (compared to 121 900 Au, representing 1.85 million (807) 928-2200 oz Au for the same period in 2013) ounces of contained gold. (807) 928-2067 FAX (Goldcorp Inc., Management’s Measured and Indicated Resources Discussion and Analysis, July 30, (as of December 31, 2013) stood at Mine General Manager – Bill Gascon 2014) 801 000 t at a grade of 5.59 g/t Au, Chief Geologist - Rohan Millar 2013 representing 143 800 ounces of - produced 256 300 oz of gold from contained gold. Inferred Resources www.goldcorp.com 1 391 800 t milled tonnes at a grade stood at 4 730 000 t at a grade of of 5.92 g/t Au 5.65 g/t Au, representing 859 400 www.musselwhitemine.ca (Goldcorp Inc., Management’s ounces of contained gold (R. Discussion and Analysis, February Millar, Goldcorp Inc., personal 12, 2014) communication, February 2014) - from 1997 to 2012, 20 541 294 t of ore with an average grade of 5.67 g/t - the mine has approximately 560 Au were mined and milled to employees (Goldcorp Inc., produce 3 583 831 ounces of gold unpublished presentation, 2014)
1 Mine Production Reserves Red Lake Mines 2014 2013 Goldcorp Inc. -construction of the haulage drift Proven and Probable Reserves (as Balmertown, ON P0V 1C0 from the Campbell Complex to the of December 31, 2013), were (807) 735-2077 Bruce Channel Deposit is 90% 7 990 000 t at a grade of 9.94 g/t complete: completion expected Q3 Au representing 2.55 million Mine Manager – Dan Gignac 2014; Cochenour shaft completed to ounces of contained gold. Measured Chief Mine Geologist - Chris Osiowy final depth of 1116m and Indicated Resources (as of 2013 December 31, 2013) stood at www.goldcorp.com - produced 493 000 ounces of gold 4 590 000 t at a grade of 16.31 g/t from both the Campbell and Red Au, representing 2 410 000 ounces Lake Complexes of contained gold, whereas inferred (Goldcorp Inc., Management’s resources stood at 3 060 000 t at a Discussion and Analysis, February grade of 17.64 g/t Au, representing 14, 2014) 1 730 000 ounces of contained gold -rehab work on Cochenour Willans (Goldcorp Inc., Management’s shaft for underground exploration of Discussion and Analysis, February Bruce Channel deposit 14, 2014)
- total workforce, including contractors, is 1250 (Goldcorp Inc. web site www.goldcorp.com)
2 Platinum Group Metal Mine
Mine Production Reserves Lac des Iles Mine 2013 2013 Lac des Iles Mines Ltd. / - 2 048 082 t @ 2.8 g/t Pd for a total - Proven and Probable Reserves as North American Palladium Ltd. of 135 158 oz Pd, plus 10 222 oz Pt, of December 31, 2013: 15 046 000 t P.O. Box 10547 10 423 oz Au, 2 828 271 lb Cu, grading 2.77 g/t Pd, 0.21 g/t Pt, 0.20 Thunder Bay, ON P7B 6T9 1 437 311 lb Ni g/t Au, 0.06% Cu, 0.08 % Ni (807) 448-2000 (mine site) - Total production to end of 2013: (includes 1 341 000 oz Pd) 48 216 772 t for a total of 2 882 819 - Measured and Indicated Resource Mine Manager – Brad Corrigan oz Pd, 228 446 oz Pt, 205 819 oz as of March 31, 2012: 57 732 000 t Exploration Manager – Cameron Au, 58 721 217 lb Cu, 33 358 149 grading 2.08 g/t Pd, 0.21 g/t Pt, McLean lb Ni 0.15 g/t Au, 0.06% Cu, 0.08 % Ni (North American Palladium Ltd., (includes 3 857 000 oz Pd). www.napalladium.com news release, March 21, 2014) (North American Palladium Ltd., news release, March 21, 2014)
- total workforce, including contractors, is 465 (Ontario Mining and Exploration Directory 2014, p.20)
3 Industrial Mineral Producers
Producer Commodities Production Forgotten Lake and Second Mountain - green and yellow porphyritic 2013 Quarry granite - 2054 m3 extracted Nelson Granite Ltd. 2012 P.O. Box 178 (Pine Green and Crystal Gold) - 3348 m3 extracted Vermilion Bay, ON P0V 2V0 (807) 227-2650
www.nelsongranite.com 10 employees Red Deer Lake Quarry - reddish brown porphyritic granite 2013 Nelson Granite Ltd. - 2012 m3 extracted P.O. Box 178 (Red Deer Brown or 2012 Vermilion Bay, ON P0V 2V0 Canadian Mahogany) - 2380 m3 extracted (807) 227-2650
www.nelsongranite.com 4 employees
Redditt Quarry - white-pink porphyritic granite 2013 Nelson Granite Ltd. - 770 m3 extracted P.O. Box 178 (Bimini) Vermilion Bay, ON P0V 2V0 (807) 227-2650
www.nelsongranite.com 6 employees Vermilion Bay Quarry - pink granite 2013 Nelson Granite Ltd. -6665 m3 extracted P.O. Box 178 2012 Vermilion Bay, ON P0V 2V0 -7171 m3 extracted (807) 227-2650
www.nelsongranite.com 22 employees
4 Major Exploration Projects
Project Development Mineral Resources Berens River Project 2014 - resource not delineated Golden Share Mining Corp. Lithogeochemical survey and geological 7-145 Riviera Drive mapping/prospecting (news release, Markham, ON L3R 5J6 Golden Share Mining Corp., August 20, (905) 968-1153 2014) 2013 www.goldenshare.ca -3 hole preliminary diamond drill program and surface sampling (news release, Golden Share Mining Corp., August 13, 2013) 2012 -NI 43-101 Technical Report on Berens River Property (news release, Golden Share Mining Corp., July 5, 2012) gold/base metals
Bermuda Project 2013 - resource not delineated Stillwater Canada Inc. - diamond drilling and trenching 90 Peninsula Road 2012 P.O. Box 1508 - geological mapping Marathon, ON P0T 2E0 www.stillwatermining.com copper, nickel, PGE
Blackbird Deposit 2013-2014 NI 43-101-compliant resource: (Ring of Fire) - continuing with infrastructure studies Noront Resources Ltd. and environmental assessment activities - Measured and Indicated: 20.5 Mt @ 105 Adelaide Street West 2012 35.76% Cr2O3 Suite 1100 - the company completed a second phase - Inferred: 23.5 Mt @ 33.1% Cr2O3 Toronto ON M5H 1P9 of diamond drilling which included 44 (cut-off grade of 30% Cr2O3) (416) 367-1444 holes totalling 22,243 m at the Blackbird (news release, Noront Resources Ltd., deposit (news release, Noront Resources March 20, 2012) www.norontresources.com Ltd., February 6, 2012) chromite Major Exploration Projects
Project Development Mineral Resources Black Horse (Koper Lake) 2014 NI 43-101-compliant resource: (Ring of Fire) - the companies completed a winter Bold Ventures Inc. drilling program consisting of 6 holes - Inferred: 77.2 Mt @ 35.1% Cr2O3 Suite 1000, 15 Toronto St. totalling 4645 m, hosting intervals up to (cut-off grade of 20% Cr2O3) Toronto, ON M5C 2E3 129 m @ 37.3% Cr2O3 (news release, KWG Resources Inc., (461) 864-1456 2013 June 3, 2014) - the companies carried out a drill www.boldventuresinc.com program which resulted in ten drill holes totalling 6040.8 m (news release, Bold Fancamp Exploration Ltd. Ventures Inc., July 23, 2013) 7290 Gray Ave. - a bulk sample totalling 1186 kg was Burnaby, BC V5J 3Z2 taken from two holes drilled by Fancamp (604) 434-8829 in 2010. The metallurgical testing proved that the Black Horse chromite ore smelts www.fancampexplorationltd.ca readily and produces a high grade alloy with low Cr values in the discarded slag KWG Resources Inc. material (news release, KWG Resources 1000-141 Adelaide St. W. Inc., August 14, 2013) Toronto, ON M5H 3L5 (416) 646-1374 www.kwgresources.com chromite
Black Thor Chromite Deposit 2014 - Measured and Indicated: 137.7 Mt @ (Ring of Fire) - Financial problems have forced the 31.5% Cr2O3 Cliffs Natural Resources Inc. company to focus on its core US iron and (cut-off grade of 20% Cr2O3) 200 Public Square, Suite 3300 coal assests and to consider the sale of its (Annual Report, Cliffs Natural Cleveland, OH Ring of Fire chromite properties Resources Inc., February 14, 2014) 44114-2544 USA - Both KWG Resources and Noront Resources have expressed an interest in www.cliffsnaturalresources.com purchasing the properties 2013 - Cliffs’ completed 2500 m of geotechnical drilling in early fall (Personal Communication, Cliffs Chromite Ontario Inc., July, 2013) -Cliffs suspends all environmental and technical operations by years end with no restart date (news release, Cliffs Natural Resources Inc., November 20, 2013) chromite
6 Major Exploration Projects
Project Development Mineral Resources Brookbank Project 2014 NI 43-101-compliant resource Premier Gold Mines Limited - Premier released a Preliminary estimate: 401-1113 Jade Court Economic Assessment (PEA), NI 43-101 Thunder Bay, ON P7B 6M7 Technical Report for the Hardrock and Open pit: (807) 346-1390 Brookbank deposits (news release, - Measured and Indicated: 2.64 Mt @ Premier Gold Mines Ltd., March 13 2.02 g/t Au (171 000 oz Au) www.premiergoldmines.com 2014) - Inferred: 0.717 Mt @ 2.38 g/t Au 2013 (13 000 oz Au) - Premier continued its Preliminary Economic Assessment at Brookbank Underground: (news release, Premier Gold Mines Ltd., - Measured and Indicated: 1.85 Mt @ July 30, 2013) 7.21 g/t Au (429 000 oz Au) - Inferred: 0.403 Mt @ 4.02 g/t Au (53 000 oz Au) (Premier Gold Mines Ltd., news release, December 19, 2012)
gold
Bruce Channel Project – Red 2014 - inferred resources 9.05 Mt at Lake Mines Haulage drift 90% complete; underground 11.18g/t Au (Goldcorp Inc. Goldcorp Inc. exploration of the Bruce Channel deposit Management’s Discussion and Balmertown, ON P0V 1C0 with up to 9 drills. First development ore Analysis for the Year ended December (807) 735-2077 is expected in the 4th quarter of 2014 31, 2013) (www.goldcorp.com) with full production Mine Manager – Dan Gignac in the 3rd quarter of 2015 (Goldcorp Inc. Anticipated yearly production 225 000 Chief Mine Geologist - Chris Second Quarter Report June 30, 2014) to 250 000 ounces Au Osiowy 2013 Project is continuing but some non www.goldcorp.com critical path capital expenditures for 2013 and 2014 have been deferred due to lower gold prices. This is not expected to delay production start-up (Goldcorp Inc. news
release, July 25, 2013) gold
7 Major Exploration Projects
Project Development Mineral Resources Burns Block Property 2014 - Western and East Burns – Intrepid Bayfield Ventures Corp. - majority of diamond drill program zones Resource Estimate (cut-off 2230 – 885 West Georgia conducted on Burns Block property grades: open-pit 0.35 g/t AuEq and Vancouver, BC V6C 3E8 targeted the East Burns-Intrepid underground 2.50 g/t AuEq) (604) 687-3376 mineralized gold-silver zone - released a technical report on property Open Pit Category above 500m: www.bayfieldventures.com presenting an initial mineral resource Indicated: 1,253,000 t @ 1.0 g/t Au, estimate 14.7 g/t Ag Inferred: 79,000 t @ 7.9 g/t Au, 37.0 g/t Ag
Underground Category: below 500m: Indicated: 2,788,000 t @ 1.2 g/t Au, 14.4 g/t Ag Inferred: 195,000 t @ 7.4 g/t Au, 43.0 g/t Ag (Bayfield Ventures Corp., press release, January 14, 2014)
gold
Butler Property 2014 - resource not delineated (Ring of Fire) - a diamond drilling program on the MacDonald Mines Exploration Ltd. Butler 3 property is pending 141 Adelaide Street West, Suite 520 2013 Toronto ON M5H 3L5 - completed a 4 hole drilling program in (416) 364-4986 Spring targeting the Butler 3 and Butler 4 prospects (news release, MacDonald www.macdonaldmines.com Mines Exploration Ltd., August 7, 2013) - completed a ground EM survey in the fall of 2013 copper-zinc-vanadium, nickel-PGE
Cameron Lake Property 2013-2014 Open Pit Category (cut-off 0.5 g/t Au) Chalice Gold Mines Ltd. - acquired the property, including the Measured: 2,872,000 t @ 2.30 g/t Au GPO Box 2890 Perth WA 6001 Cameron gold deposit, from Coventry Indicated: 5,417,000 t @ 1.76 g/t Au Level 2, 1292 Hay Street Resources Limited Inferred: 881,000 t @ 2.07 g/t Au West Perth, Western Australia - continue to evaluate the economic 6005 potential of Cameron Lake and other gold Underground Category (cut-off 1.75 (618) 9322-3960 deposits on their holdings g/t Au) Measured: 157,000 t @ 2.77 g/t Au www.chalicegold.com Indicated: 559,000 t @ 3.23 g/t Au Inferred: 5,709,000 t @ 2.78 g/t Au (Chalice Gold Mines Ltd., press release, July 28,2014)
gold
8 Major Exploration Projects
Project Development Mineral Resources Cat-Kay Property 2014 - resource not delineated NuVision Resources ULC - initiated exploration project, including 8838 Jamaca Ave North mapping, stripping SGH analysis and Stillwater, Minnesota USA diamond drilling test gold-VMS potential 55082 (651) 762-9033 gold
Coldstream Gold Project 2014 NI 43-101-compliant resource Canoe Mining Ventures Corp. - property acquired by Canoe Mining estimate: 277 Lakeshore Road East, Ventures Corp. (new release, Canoe Suite 403, Mining Ventures Corp., October 21, Osmani Deposit (formerly known as Oakville, ON L6J 6J3 2014) East Coldstream Deposit) 2013 (cut-off grade of 0.4 g/t Au) www.canoemining.com/ - geological compilation program - Indicated: 3.5 Mt @ 0.85g/t Au for a completed (news release, Foundation total of 96 400 oz Au Resources Inc., August 22, 2013) - Inferred: 30.5 Mt @ 0.78g/t Au for a total of 763 276 oz Au (Foundation Resources Inc., news release, September 20, 2011)
gold
Crystal Lake Project (formerly 2014 - resource not delineated Great Lakes Nickel Property) - diamond drilling program completed Rio Tinto Exploration Canada Ltd. Great Lakes Nickel Deposit Historical 354-200 Granville Street Indicated Resource: 45.6 Mt @ Vancouver, B.C. V6C 1S4 0.344% Cu, 0.183% Ni; Pt & Pd values (CMH, 2002-2003, p.197)
copper-nickel-PGE
Derlak Property 2014 - resource not delineated Orefinders Resources Inc. -surface prospecting 110 - 2300 Carrington Road 2013 West Kelowna, BC V4Y 2N6 -completed 3 hole diamond drilling (205) 707-0911 program 2012 www.orefinders.ca -released NI 43-101 technical report -Quantec Titan 24/DC/IP/MT survey gold
9 Major Exploration Projects
Project Development Mineral Resources Eagle’s Nest Deposit 2014 NI 43-101-compliant resource (Ring of Fire) - Noront has purchased Cliffs Natural estimate: Noront Resources Ltd. Resources McFaulds Lake exploration 105 Adelaide Street West camp adjacent to Noront’s existing Esker -R eserves (Proven & Probable): Suite 1100 camp which will be used as a construction 11.131 Mt @ 1.68% Ni, 0.87% Cu, Toronto, ON M5H 1P9 base for the development of its Eagle’s 0.89 g/t Pt, 3.09 g/t Pd and 0.18 g/t Au (416) 367-1444 Nest mine (news release, Noront - Inferred: 8.966 Mt @ 1.10% Ni, Resources Ltd., May 2014) 1.14% Cu, 1.16 g/t Pt, 3.49 g/t Pd and www.norontresources.com - the company continued with 0.30 g/t Au infrastructure studies related to mine (CAMH 2013–2014, p.325) development and environmental assessment activities on the property (news release, Noront Resources Ltd., September 26, 2014) - a diamond drilling program on Noront’s Ring of Fire properties is pending 2013 - the company released a coordinated Federal/Provincial EIS and EA report for the Eagle’s Nest Cu-Ni-PGE project and confirmed their commitment to an east- west transportation corridor nickel-copper-PGE East Cedartree Property 2014 East Cedartree gold deposit: Metalore Resources Ltd. - completed a diamond drilling program Resources Estimate (cut-off 1.0 g/t RR #1 to test gold-copper potential of the Au) Vittoria, ON N0E 1W0 Sunfish Grid and evaluate gold potential Indicated: 434 505 t @ 3.91 g/t Au (519) 428-2464 of East Cedartree gold deposit Inferred: 294 155 t @ 3.21 g/t Au (Metalore Resources Ltd., press www.metaloreresources.com release, March 14, 2012)
gold
Forester Lake 2014 - resources not delineated Parkside Resources Corp. - Parkside did not conduct any work on 141 Adelaide Street West the property during the year Suite 1220 2013 Toronto, ON M5H 3L5 - completed a diamond drill program (416) 862-1500 totalling 1200 m over nine holes - targets were identified from the www.parksideresources.com compilation of data from over 8200 m of core from 78 historical holes in addition to ground magnetic data and geological and structural knowledge from Musselwhite Mine (news release, Parkside Resources Inc., July 24, 2013) gold
10 Major Exploration Projects
Project Development Mineral Resources Gaffney Patent Property 2014 - resource not delineated Manitou Gold Inc. - acquired the property and initiated an 957 Cambrian Heights Drive, exploration program to evaluate the gold Suite 101 potential Sudbury, ON P3C 5S5 (705) 222-8800 www.manitougold.com gold
Goldlund Property 2014 Goldlund Deposit Reserve Estimate : Tamaka Gold Corporation - continued to examine gold potential of (cut-off 0.5 g/t Au) 401 Bay Street, Suite 2702 the Goldlund Deposit Measured and Indicated: 19.0 Mt @ The Simpson Tower - completed a 24-hole diamond drilling 1.30 g/t Au for 791,000 oz Au Toronto, ON M5H 2Y4 program Inferred: 42.5 Mt @ 0.78 g/t Au for (416) 477-1047 1,070,000 oz Au (Tamaka Gold Corp., technical report, www.tamakagold.com Dec. 5, 2013)
gold
Goliath Project 2014 Thunder Lake Deposit resource Treasury Metals Inc. - continued diamond drilling program estimate: The Exchange Tower targeting mainly the Main and C zones of Resources Estimates: (both surface 130 King Street West, Suite 3680 the Thunder Lake Deposit and underground): Toronto, ON M5X 1B1 - initiated Federal Environment Indicated: 9.14 Mt @ 2.6 g/t Au (416) 214-4654 Assessment permitting – drafting Inferred: 15.9 Mt @ 1.7 g/t Au Environmental Impact Statement (Treasury Metals Inc., press release, www.treasurymetals.com Nov. 9, 2011) -bulk sampling: 428 oz Au and 1161 oz Ag from 2365 t (Corona Gold, 1999 Annual Report)
gold
Griffith Iron Mine Project 2014 - resource not delineated Northern Iron Corp. -signed agreement with Danieli Centro Unit 1051 - 409 Granville Street Metallics to be technology partner and Historical resource: Vancouver, BC V6C 1T2 engineering supplier (news release, 120 Mt @ 29% Fe (Shklanka, R. 1970, (604) 566-8570 Northern Iron Corp., May 7, 2014) Geology of the Bruce Lake Area, 2013 ODM, Report 82) www.northernironcorp.com - work on project halted company looking for strategic partner (news release, Northern Iron Corp., May 30, 2013) iron
11 Major Exploration Projects
Project Development Mineral Resources Hammond Reef Property 2014 NI 43-101-compliant resource Yamana Gold Inc. -Yamana Gold Inc. & Agnico Eagle estimates: 200 Bay Street Mines Limited now each own 50% of Royal Bank Plaza, North Tower Osisko’s assets Global resource: Suite 2200 2013 - Measured and Indicated: 196.4 Mt Toronto, ON M5J 2J3 - working on environmental studies in grading 0.86 g/t Au, for a total of 5 support of the project Environmental 430 000 oz Au (0.50 g/t Au lower cut www.yamana.com Impact Statement (EIS) (Osisko off) Hammond Reef Gold community news - Inferred: 75.7 Mt grading 0.72 g/t Agnico Eagle Mines Limited brief, August 1, 2013) Au, for a total of 1 750 000 oz Au 145 King Street East, Suite 400 (0.50 g/t Au lower cut-off) Toronto, ON M5C 2Y7 416) 947-1212 In-pit resource: - Measured and Indicated: 229.5 Mt www.agnicoeagle.com grading 0.72 g/t Au, for a total of 5 310 000 oz Au (0.32 g/t Au lower cut off) - Inferred: 13.3 Mt grading 0.65 g/t Au, for a total of 280 000 oz Au (0.32 g/t Au lower cut-off) (news release, Osisko Mining Corporation, January 28, 2013)
gold
Hardrock East Project 2014 - resources not delineated Goldstream Minerals Ltd. - no work was conducted on property due 155 University, Suite 1920 to lack of funds Toronto, ON M5H 3B7 2013 (416) 309-4299 - completed a winter exploration program on the Milestone deposit, the Pagwachuan www.goldstreamminerals.com Lake property and the Klotz Lake property including IP on all three targets and diamond drilling at Milestone (four holes totalling 911 m) (news release, Goldstream Exploration Ltd., June 4, 2013) - Detailed geological mapping, prospecting, stripping and Soil Gas Hydrocarbon (SGH) surveys were conducted at Grid 2, the Lucky Grid, the KLMS grid and the Titan (news release, Goldstream Exploration Inc., September 9, 2013) gold
12 Major Exploration Projects
Project Development Mineral Resources Hardrock Project 2014 NI 43-101-compliant resource estimate Premier Gold Mines Limited - company has completed 30,250 m of (open pit + underground): 401-1113 Jade Court diamond drilling (Sept. 2014) as part of a Thunder Bay, ON P7B 6M7 60,000 m program designed to upgrade - Indicated: 89.04 Mt @ 1.70 g/t Au (807) 346-1390 Inferred portion of the Open Pit resources representing 4.87 M oz Au to Indicated and continue definition - Inferred: 23.15 Mt @ 3.69 g/t Au www.premiergoldmines.com drilling to upgrade overall resources representing 2.74 M oz Au (personal communication, Premier Gold (Premier Gold Mines Ltd., news Mines Ltd., September 30, 2014) release, July 8, 2014) 2013 - completed 136,600 m of diamond drilling in 296 holes using 8 drill rigs through most of the year - drilling within the open pit area was designed to upgrade current resources as well as test the extensions of several horizons, specifically the SP and F Zone lenses. -Discovery of North Wall Zone within 250 m of surface (Open Pit Resource area) with assay highlights of 29.2 g/t Au over 11.0 m and 80.57 g/t Au over 4.5 m - also identified the new Bankfield West Open Pit target 10 km west of Hardrock (news release, Premier Gold Mines Ltd., July 30, 2013) - work also continued on the Preliminary Economic Assessment gold Hemlo East Property 2013 - Upper Anomalous Zone (UAZ) - MetalCorp Ltd. - completed a 5 hole diamond drilling resource not delineated 659 Maureen Street program on the Gouda Lake Zone (GLZ) - GLZ - historical resource estimate is Thunder Bay, ON P7B 6T2 (news release, February 27, 2013) 253,000 t @ 4.1 g/t Au (NON- 43 101- compliant) www.metalcorp.ca UAZ – gold GLZ - gold, silver, lead , zinc
Ishkoday Property (formerly 2014 NI 43-101-compliant resource Sturgeon River Property) - completed a 1533 m diamond drilling estimate: Laurion Mineral Exploration Inc. program in 8 holes. Assay highlights Bay Adelaide Centre included: 27.8 g/t Au, 13.1 g/t Ag, 1.21% - Indicated (low-grade stockpile) 2900-333 Bay St., PO Box 2900 Zn and 0.16% Cu over 1.8 m 144,070 t @ 1.59 g/t Au (7,383 oz Au) Toronto, ON M5H 2T4 2013 - Indicated (tailings) 137,501 t @ 0.67 (705) 788-9186 - completed prospecting and sampling g/t Au (2,944 oz Au) along 3 km section of main northeast- (news release, Laurion Mineral www.laurion.ca trending structure hosting Gold and Base Exploration Inc., June 12, 2013) Metal min. - Tehya, Loki and River zones. gold, silver, zinc, copper
13 Major Exploration Projects
Project Development Mineral Resources Junior Lake Property 2014 NI 43-101-compliant resource Landore Resources Inc. - Landore completed a 3D IP and estimates: 55 Central Ave. Magnetotellurics geophysical survey over Thunder Bay ON P7B 5R5 the B4-7 and VW Nickel trends (news VW Deposit: (807) 623-3770 release, Landore Resources Inc., March - Indicated: 3.73 Mt @ 0.49% Ni (@ 24, 2014). Results identified nine 0.25% Ni cut-off) www.landore.com significant new zones of potential Ni-Cu - Inferred: 0.72 Mt @ 0.72% Ni (@ mineralization along a 10 km strike 0.25% Ni cut-off) ranging from 400 m to 1200 m in length. (Landore Resources Limited, Annual - a diamond drilling program consisting Report, 2011) of 4,201 m in 16 holes was completed from the B4-7 deposit eastward for 1500 B4-7 Deposit: m (news release, Landore Resources Inc., - Indicated: 2.695 Mt @ 0.70% Ni, August 19, 2014) 0.46% Cu, 0.07% Co, 0.14 g/t Pt, 0.55 2013 g/t Pd, 0.03 g/t Au (1.24% Ni Eq) - the company completed 12,916 m of (Landore Resources Inc., news diamond drilling in 28 holes between release, January 17, 2013) October 2012 and March 2013. The program was initiated to test mineralization within the Scorpion Zone immediately west of the B4-7 deposit - a formal evaluation of the B4-7 deposit indicates that the Alpha zone portion of the deposit is amenable to open-pit methods (Alpha zone consists of 49,000 t at 0.24% Ni, 0.08% Cu, 0.02% Co, 0.16 g/t Pt, 0.94 g/t Pd and 0.01 g/t Au) - a ground EM MaxMin, VLF and Magnetic geophysical survey was also completed in December (news release,
Landore Resources Inc., April 23, 2014) copper, nickel, PGE Lingman Lake Property 2014 - resource not delineated Signature Resources Ltd. NI 43-101-compliant technical report on - historical inferred resource estimate 25 Adelaide St East, Suite the Lingman Lake Property (news release is 1 172 753 t @ 0.20 opt Au in all 1103Toronto ON M5C 1T6 January 29, 2014) zones at 5.0 foot minimum width (cut (705) 445 0184 2013 off grade of 0.08 opt Au) Acquired the Lingman Lake Property and http://www.signatureresources.ca/ an option to acquire the 12 claim East Lingman Property (Management’s Discussion and Analysis for the period ending October 31, 2013. February 26, 2014). gold
14 Major Exploration Projects
Project Development Mineral Resources Madsen Mine Property 2014 NI 43-101-compliant resource Pure Gold Mining Inc. -property purchased by Pure Gold Mining estimate: 1900 – 1055 West Hastings Street Inc. (formerly Laurentian Goldfield Ltd.) Vancouver, BC V6E 2E9 from Claude Resources Inc. - Indicated: 3.236 Mt @ 8.93 g/t Au (604) 646-8000 -revised NI 43-101-compliant report (928 000 oz Au) -9000 m surface diamond drilling - Inferred: 788 000 t of 11.74 g/t Au www.puregoldmining.ca program (297 000 oz Au) 2013 (CAMH, 2012-2013, p. 168) -underground drilling continued -scoping study -temporary suspension of activities gold Marathon PGM-Copper Project 2014 NI 43-101-compliant resource Stillwater Canada Inc. / Mitsubishi - final feasibility study and updated estimate: Corporation economic assessment completed 90 Peninsula Road - Environmental Assessment Joint Panel Proven and probable reserves; 91.45 P.O. Box 1508 Review suspended due to the current Mt grading 0.832 g/t Pd, 0.237 g/t Pt, Marathon, ON P0T 2E0 unfavourable market conditions 0.085 g/t Au, 0.247% Cu and 1.44 g/t - total project expenditures of $4-6 Ag for a total of 3.4 Moz of PGM + www.stillwatermining.com million projected for 2014 (news release, Au, 4.23 M oz Ag and 496 M lbs Cu. Stillwater Mining Company, September 2, (CAMH 2012-2013 pg. 639) http://www.marathonpgmproject.co 2014) m/ palladium, platinum, copper, gold
Marshall Lake Property 2014 - historical resource (N.W.T. Copper Rainy Mountain Royalty Corp. / - updated 3D modelling for RM Zone has Mines Ltd.): 2.211 MT @ 1.22% Cu, Marshall Lake Mining PLC / White identified a new potential base metal 4.2% Zn, 2.45 opT Ag, 0.012 opT Au Tiger Mining Corporation target aprox. 120 m below surface (news (CAMH 2006-2007, p.305) 402-905 Pender St. W. release, White Tiger Mining Corp. , Vancouver, BC V6C 1L6 August 25, 2014) (604) 681-1909 2013 - work continued on the RM Zone www.rmroyalty.com focusing on developing a 3D model for the RM zone encompassing copper grade www.whitetigermining.com shells, metal ratios, alteration, IP chargeability isosurfaces and geology (news release, Rainy Mountain Royalty Corp., May 1, 2013) copper, zinc
15 Major Exploration Projects
Project Development Mineral Resources Moss Lake Project 2014 NI 43-101-compliant resource: Wesdome Gold Mines Ltd. -Moss Lake Gold Mines now a wholly- King Street East owned subsidiary of Wesdome Gold Indicated: 39 795 000 t grading 1.1 g/t Suite 1305, Toronto, ON. M5C 1B5 Mines Ltd. for a total of 1 377 300 oz. (416) 360-3743 2013 Inferred: 50 364 000 t grading 1.1 g/t - completed compilation of historic for a total of 1 751 600 oz. Moss Lake Gold Mines Ltd. geological information to develop new (news release, Feb. 20, 2013) 8 King Street East, Suite 1305 structure/alteration-based geological Toronto, ON M5C 1B5 model of Moss Lake Gold Deposit (416) 360-3743 - published revised NI 43-101 mineral resource estimate (news release, http://mosslakegold.com/ February 20, 2013) - filed preliminary economic assessment report (news release, September 9, 2013) gold Newman-Todd Property 2014 -total Indicated Resources 6.4Mt @ Redstar Gold Corp. / Confederation Preliminary Economic Assessment 1.35 g/t Au for 277 000 ounces Au Minerals Ltd. completed (Confederation Minerals Ltd., -total Inferred Resources 7.63Mt @ Redstar Gold Corp news release, October 23, 2014) 1.35 g/t Au for 332 000 ounces Au Suite 615 800 West Pender Street 2013 (Confederation Minerals Ltd., news Vancouver, BC V6C 2V6 -continued drilling to date; 7.05 g/t Au release, Sept. 20, 2013) (604) 488-0051 over 6.0 m in hole NT-155 (Confederation Minerals Ltd., news www.redstargold.com release, Sept. 20, 2013) -PEA initiated Confederation Minerals Ltd. Suite 1980, 1075 West Georgia St. Vancouver, BC (604) 652-3950 www.confederationmineralsltd.com gold
North Madsen Property (Laverty 2014 NI 43-10-compliant resource estimate: Property) -revised NI 43-101-compliant report, Mega Precious Metals Inc. limited surface exploration - Measured and Indicated: 401 - 1113 Jade Court 2012 22 958 910 t @ 1.20 g/t Au (888 752 Thunder Bay, ON P7B 6M7 - 5000 m diamond drilling program oz Au) (807) 766-3380 - preliminary metallurgical testing - Inferred: 10 138 000 t @1.18 g/t (383 936 oz Au) www.megapmi.com (Technical Report and Updated Resource Estimation North Madsen Property, Red Lake Ontario prepared for Mega Precious Metals Inc. January 2, 2014)
gold
16 Major Exploration Projects
Project Development Mineral Resources Northshore Project 2014 Afric Zone: GTA Resources and Mining Inc. / -released a NI 43-101-compliant mineral -Indicated: 12,360,000 t grading Balmoral Resources Inc. resource estimate for the Afric zone 0.99 g/t Au for 391,000 oz Au 855 Brant Street 2011-2013 -Inferred: 29,580,000 t grading Burlington, ON L7R 2J6 - GTA completed 47 drill holes for over 0.87 g/t Au for 824,000 oz Au 10 000 m (cutoff grade of 0.50 g/t Au) www.gtaresources.com (GTA Resources and Mining Inc., news release, June 10, 2014) www.balmoralresources.com gold
Other Properties – Red Lake 2014 - resource not delineated Mines Surface diamond drilling on the H. G. Goldcorp Inc. Young with high-grade intersections Balmertown, ON P0V 1C0 identified. (807) 735-2077 H.G. Young can be developed from the Campbell Complex infrastructure; Mine Manager – Dan Gignac rehabilitation of the Campbell Complex Chief Mine Geologist - Chris 14 Level and 21 Level will commence in Osiowy the third quarter of 2014 to enable underground drilling; www.goldcorp.com underground exploration from existing infrastructure continued to focus on the NXT zone, the R zone and FW zone, where numerous economic intersections have been encountered. gold
PAK Rare Metals Property 2014 -resources not delineated Houston Lake Mining Inc. -7 hole, 1500m diamond drilling program 2736 Belisle Drive -returned 1.16% Li2O over 202 m (news Val Caron, ON P3N 1B3 release, Houston Lake Mining Inc., (705) 897-7622 September 24, 2014) 2013 www.houstonlakemining.com -6-hole, 3000 m drill program -returned 1.22% Li2O, 111 ppm Ta2O5 and 64 ppm Nb2O5 (news release, Houston Lake Mining Inc., July 2, 2013) rare metals
Phoenix Gold Project 2014 Updated NI 43-101-compliant Rubicon Minerals Corporation - continued underground and surface resource estimate (news release, 1540 - 800 West Pender Street work Rubicon Minerals Corporation, Vancouver, BC V6C 2V6 - 38 000 m infill underground diamond August 9, 2013): (604) 623-3333 drill program - gold production projected by mid-2015 - Indicated: 4.12Mt @ 8.52 g/t Au www.rubiconminerals.com (news releases, Rubicon Minerals (1.1M ounces Au) Corporation, September 8 and 25, 2014) - Inferred: 7.45 Mt @ 9.26 g/t Au 2013 (2.2M ounces Au) -continued shaft deepening, u/g development and mill construction -PEA completed (news release, Rubicon Minerals Corporation, August 9, 2013) gold
17 Major Exploration Projects
Project Development Mineral Resources Pickle Crow Mine Property 2014 NI 43-101-compliant resource PC Gold Inc. - the company completed a 21-hole, 4026 estimate: 304-555 Legget Drive, Tower A m diamond drilling program targeting the Kanata, ON K2K 2X3 near-surface locations of the No. 22 and - Inferred: 10.15 Mt @ 3.9 g/t Au (1 (613) 271-2105 No. 23 veins (highlights included 10.60 262 000 oz Au) g/t Au over 5.55 m in hole PC-14-283). (CAMH, 2012–2013, p.517) www.pcgold.ca 62 holes, totaling 11,167 m, have now been drilled, targeting the No. 22 and No. 23 veins (news release, PC Gold Inc., July 22, 2014) 2013 - Key initiatives looking forward include dewatering the mine, rehabilitation of Shaft #1 and 50,000 m of drilling from underground in addition to surface exploration of the No. 22 and No. 23 veins. The estimated budget for the exploration program is $28 million (Management’s Discussion and Analysis, PC Gold Inc., September 16, 2013) gold Rahill-Bonanza Property 2014 NI 43-101-compliant resource Premier Gold Mines Ltd. & Property continues to be evaluated estimate: Goldcorp Inc. (Goldcorp is operator) 401-1113 Jade Court 2013 - Inferred: 1 589 287 t @ 7.6 g/t Au Thunder Bay, ON P7B 6M7 -high speed haulage drift being excavated (cut-of grade of 5.1 g/t Au) (807) 346-1390 by Goldcorp Inc. [see Bruce Channel (388 839 oz Au) Project-Red Lake Gold Mines, this report] (CAMH, 2012-2013, p. 535) www.premiergoldmines.com transected the property -continued underground drilling by Goldcorp Inc. reported 13.05 g/t Au over 0.6 m (Premier Gold Mines Ltd., news release, June 27, 2013) gold Red Lake Extension (RLX) 2014 - resource not delineated Tri Origin Exploration Ltd. -continued evaluation of data and 3 Centre Street, Suite 206 defining exploration targets Markham, ON L3P 3P9 (Management’s Discussion and Analysis (905) 294-9942 for the period ending June 30, 2014. (905) 727 1779 September 30, 2014). 2013 www.triorigin.com -winter 6-hole, 818 m, drilling program -Osisko option terminated (news release, Tri Origin Exploration Ltd., October 17, 2013) gold
18 Major Exploration Projects
Project Development Mineral Resources Richardson Lake Gold Project 2014 - resource not delineated Aurcrest Gold Inc. 1600m diamond drilling program (news 67 Yonge St, Suite 808 release, Aurcrest Gold Inc., August 18, Toronto ON M5E 1J8 2014); assays up to 15.48 g/t Au (news release, Aurcrest Gold Inc., September www.aurcrestgold.com 25, 2014) 2012 -winter 8-hole, 1613 m drilling program -discovery of new gold zone assaying 1.83 g/t Au over 15.0 m, including 7.4 g/t Au over 3.0 m, in hole RL-12-07 (news release, Aurcrest Gold Inc., April 30, 2012) gold
Richardson Township Project 2014 NI 43-101-compliant Resource New Gold Inc. - New Gold Inc. acquired the property Estimate all zones at Rainy River Suite 1800 – Two Bentall Centre from Rainy River Resources Ltd. Deposit including Intrepid zone: 555 Burrard Street, Box 212 - released a revised positive Feasibility Total Combined for Deposits Vancouver BC V7X 1M9 Study Open Pit: cut-off 3.0 g/t AuEq; (604) 696-4100 - continued Federal Environment Underground: cut-off 2.5 g/t AuEq Assessment and Provincial Individual Measured and Indicated: 177.361 Mt www.newgold.com Environmental Assessment process on @ 1.09 g/t Au, 2.57 g/t Ag Rainy River gold-silver deposits - continued diamond drilling program on Inferred: 20.655 Mt @ 1.16 g/t Au, property 2.58 g/t Ag (New Gold Inc., press release, January 16, 2014)
34 Zone: Indicated Resource *: (cut-off 0.35 g/t Au) 145 000 t @ 0.66 g/t Au, 0.26 g/t Pt, 0.67 g/t Pd, 3,477 ppm Ni, 2,414 ppm Cu (Hardie et al., Feasibility Study on Rainy River Deposit May, 2013)
Silver Zone: Indicated Resource *: (cut-off 0.35 AuEq) 1,535,000 t @ 0.41 g/t Au, 25.03 g/t Ag (Hardie et al., Feasibility Study on Rainy River Deposit May, 2013)
gold, silver, copper, nickel, PGE
19 Major Exploration Projects
Project Development Mineral Resources Ring of Fire Project 2014 - resources not delineated (Ring of Fire) - the company did not conduct any work Bold Ventures Inc. on their various claim groups as part of Suite 1000, 15 Toronto St. the Ring of Fire Project. All activity in Toronto, ON M5C 2E3 2014 was focused on the Koper Lake (416) 864-1456 Project and the Black Horse chromite deposit with partner KWG Resource Inc. www.boldventuresinc.com 2013 - VTEM survey was conducted in Rencore Resources Ltd. September and October of 2012 covering 896 line km over five discrete survey Dundee Resources Ltd. blocks generating 13 priority targets - staked 26 claims totalling 414 units north and west of the main Ring of Fire area to cover anomalous electromagnetic and magnetic survey results (Area 57 – Area 63) (news release, Bold Ventures Inc., January 10, 2013) - commenced a helicopter borne VTEM to provide more detail over previously surveyed claim blocks as well as to explore new areas that have not been surveyed (news release, Bold Ventures Inc., September 12, 2013) copper, nickel, PGE
Rowan Lake Joint Venture 2014 - historical resource: 10 900 t of 0.657 West Red Lake Gold Mines Inc. -data review and planning future drilling opt Au ($23.00 a ton at $35.00 per (formerly Hy-Lake Gold Inc.) program (West Red Lake Gold Mines Inc. ounce) 65 Queen Street West, Suite 520 Management’s Discussion and Analysis - joint venture with Goldcorp Red Toronto, ON M5H 2M5 for the period ending June 30, 2014) Lake Gold Mines (416) 203-9181 2012-2013 -winter 8-hole, 3283 m drilling program, www.westredlakegold.com 95.9 g/t Au over 2.0 m in hole RLG-13 02 (news release,West Red Lake Gold Mines Inc., April 12, 2013) gold
Separation Rapids Property 2014 Big Whopper Deposit resource Avalon Rare Metals Inc. - test work completed on a representative estimate: Suite 1901 – 130 Adelaide Street sample collected from Big Whopper Indicated 8.9 Mt and Inferred 2.7 Mt West deposit both 1.34% Li2O and 0.30 Rb2O Toronto, ON M5H 3P5 - evaluating possibility of establishing a (CAMH, 2000-2001) (416) 364-5162 production facility to conduct additional evaluation of larger samples from the www.avalonraremetals.com deposit rare metals; petalite
20 Major Exploration Projects
Project Development Mineral Resources Shebandowan Project 2014 NI 43-101-compliant resource Golden Share Mining Corporation - staked 8 additional claim units north of estimate: 145 Riviera Dr. Unit 7 the Band Ore Deposit over coincident Markham, ON L3R 5J6 VLF-EM and gold in humus (0.78 g/t) Pistol Lake JF West Zone: anomalies - Inferred: www.goldenshare.ca 2013 - at 1.00 g/t cut off: 2 857 200 t @ - geological sampling 1.64 g/t Au for a total of 150 699 ounces Au - at 2.00 g/t cut off: 851 000 t @ 2.62 g/t Au for a total of 71 700 ounces Au (news release, Golden Share Mining Corporation, October 4, 2011)
Band Ore Swamp River Deposit: - Historical resource estimate: - 251 271 oz Au within 2 principal zones - Main Zone: 706 000 t @ 6.86 g/t Au. - # 4 Zone: 616 000 t @ 4.83 g/t Au (news release, Golden Share Mining Corporation, October 4, 2011)
gold
Springpole Lake Property 2014 NI 43-101-compliant resource Gold Canyon Resources Inc. -completed environmental studies on estimate, open pit scenario: 810 - 609 Granville Street access corridor for trail to Springpole PO Box 10356 Pacific Centre Lake (news release, Gold Canyon - Indicated 128.2 Mt @ 1.07 g/t Au Vancouver, BC V7Y 1G5 Resources Inc., May 7, 2014). and 5.7 g/t Ag (4 410 000 oz Au, (604) 682-3234 2013 23 800 000 oz Ag) -PEA completed (news release, Gold - Inferred: 25.7 Mt @ 0.83 g/t Au and www.goldcanyon.ca Canyon Resources Inc., May 6, 2013) 3.2 g/t Ag (690 000 oz Au, -continued land & barge drilling 2 700 000 oz Ag) 2012 (cut-off grade of 0.4 g/t Au) - 50 000m diamond drilling planned for (CAMH, 2012-2013, p. 291) 2012 and an updated NI 43-101 compliant resource estimate (news releases, Gold Canyon Resources Inc., February 27,and April 10, 2012) gold
21 Major Exploration Projects
Project Development Mineral Resources Sunday Lake Project 2014 - Resource not delineated Transition Metals Corp. - completed a 5 hole 2550 m diamond 410 Falconbridge Road drilling program Sudbury, ON P3A 4S4 - 15 m intersection from ddh SL-14-003 Tel: 705-669-1777 assayed 1.80 g/t Pt, 0.92 g/t Pt, 0.22% Cu and 0.09% Ni (news release, Transition www.transitionmetalscorp.com Metals Corp., June 4, 2014) 2013 Impala Platinum Holdings Limited - geological mapping, ground gravity, 2 Fricker Road magnetic and electromagnetic surveys Illovo 2196, South Africa and a 6 hole 2546 m diamond drilling Tel: +27 11 731-9000 program - 20.2 m intersection from ddh SL-13-002 www.implats.co.za assayed 2.11 g/t Pt, 0.95 g/t Pd, 0.26% Cu and 0.11% Ni (news release, Transition Metals Corp., January 27, 2014) copper-nickel-PGE
Thierry Mine Property 2014 NI 43-101-compliant resource Cadillac Ventures Inc. - Activities were limited to ongoing estimates: 181 Bay Street, Suite 2840 environmental monitoring, care and Toronto, ON M5J 2J3 maintenance of the Thierry mine site. K1-1 satellite deposit (Open Pit): Tel: (416) 203-7722 2013 - Inferred: 51.044 Mt @ 0.31% Ni, - exploration activities were focused on 0.08% Cu, 1.5 g/t Ag www.cadillacventures.com the K1-1 deposit and included an 8-hole, (CAMH, 2012–2013, p.129) 2200 m diamond drilling program. A prospecting and mapping program was Main deposit (Underground): also completed (news release, Cadillac - Measured and Indicated: 8.131 Mt @ Ventures Inc., May 31, 2013) 1.46% Cu, 0.18% Ni, 3.7 g/t Ag - the company conducted Scoping Level - Inferred: 11.507 Mt @ 1.46% Cu, Flotation work on two 35 kg mini-bulk 0.18% Ni, 3.7 g/t Ag samples of Cu-Ni-PGE ore collected from (CAMH, 2012–2013, p.129) the K1-1 deposit. The in-pit sample returned 0.52% Cu, 0.11% Ni, 0.31 g/t Pt+Pd+Au and 2.6 g/t Ag, while the outside-pit sample returned 0.46% Cu, 0.092% Ni, 0.60 g/t Pt+Pd+Au and 2.0 g/t Ag (news release, Cadillac Ventures Inc., October 21, 2013) copper, nickel, PGE
22 Major Exploration Projects
Project Development Mineral Resources Thunder Bay North Project 2014 NI 43-101-compliant resource Panoramic PGMs (Canada) Limited -Earn-in/Joint Venture review with Rio estimate: 1004 Alloy Drive Tinto Exploration Canada Inc. Thunder Bay, ON P7B 6A5 2013 Open Pit -Continued review of Mineral Resource - Indicated: 8.64 Mt @ 1.04 g/t Pt, panoramicresources.com and Preliminary Economic Assessment 0.98 g/t Pd, 0.25% Cu, 0.18% Ni (news release, Magma Metals Limited, February 7, 2012)
Underground - Indicated: 1.369 Mt @ 1.65 g/t Pt, 1.54 g/t Pd, 0.43% Cu, 0.24% Ni (news release, Magma Metals Limited, February 23, 2012)
copper, nickel, PGE
Wabassi Property 2014 - resource not delineated Discovery Harbour Resources Corp. - the company announced that the most (51%) and Great Lakes Resources significant results from its 2013 fall LLC (49%) exploration program were obtained at Anomaly “E” which returned 14.22 m of Discovery Harbour Resources Corp. 4.88% Zn, 0.6% Cu, 18.9 g/t Ag and Suite 1400 – 1111 W. Georgia St. 0.183 g/t Au in hole 13WA-43. Down Vancouver, BC V6E 4M3 Hole EM surveys also identified a number (604) 689-1799 of off-hole anomalies which display sufficient size and intensity to warrant www.discoveryharbour.com follow-up drill testing (News Release, Discovery Harbour Resources Inc., Great Lakes Resources LLC January 15, 2014) 2013 - A two-phase drilling program commenced in March. Phase one was comprised of nine holes totalling 2,889 m (news release, Discovery Harbour Resources Corp., June 25, 2013). Phase two totalled six holes totalling 1,878 m in addition to down-hole electromagnetic and gravity surveys on nine holes (news release, Northern Shield Resources Inc., August 21, 2013) - the company completed a $1.5 million fall exploration program on the Wabassi project. Work included line-cutting, ground and bore-hole EM surveys and a 7-hole 2,881 m of drilling (News Release, Discovery Harbour Resources Inc., January 15, 2014) copper, zinc, silver
23 Major Exploration Projects
Project Development Mineral Resources Weebigee (Sandy Lake) 2014 - resource not delineated Goldeye Explorations Ltd. 2219 m, 23 hole diamond drilling 100 West Beaver Creek Road program (Goldeye Explorations Ltd., Unit 2 news release, April 9, 2014) Richmond Hill, ON L4B 1H4 2013 (905) 886-2538 Exploration agreement with Sandy Lake First Nation www.goldeye.ca Surface exploration work (mapping, line cutting, IP and magnetic surveys, channel sampling) (Goldeye Explorations Ltd., news releases, September 26 and November 18, 2013) gold
Western Lake St. Joseph 2014 NI 43-101-compliant resource Property - Rockex conducted studies related to the estimate: Rockex Mining Corporation processing of iron ore into a Hot 580 New Vickers St. Briquetted Iron (HBI) product using - Indicated: 1,287 Mt @ 28.39% Fe Thunder Bay, ON P7G 1J3 natural gas. This high grade (90 to 94% - Inferred: 108 Mt @ 31.03% Fe (807) 623-2626 Fe) product would command a premium (NI 43-101 Technical Report, Rockex price over the growing demand for scrap Mining Corp., October 11, 2013) www.rockexmining.com metal and give them a competitive advantage related to the future development of the Eagle Island deposit. 2013 - Rockex Mining Corp. released a positive Preliminary Economic Assessment (PEA) for the Eagle Island iron project. Highlights include the production of 6 Mt of iron concentrate per year at a grade of 66.3% Fe. The life of the mine is estimated at 30 years (news release, Rockex Ltd., June 10, 2013) iron
24 Amethyst Producers
Producer Products General Information Amethyst Mine Panorama - specimens McTavish Twp. Steve & Tim Lukinuk - decorative stone 400 Victoria Avenue East - landscaping stone Tourist Attraction Thunder Bay, ON P7C 1A5 - slabbing & tumbling stone - pick-your-own site (807) 622-6908 - jewellery, giftware, carvings - mine tours www.amethystmine.com - faceted gem stones Bills Old Amethyst Mine - specimens McTavish Twp. Zack Hasler - cluster specimens # 5 Road North - decorative stone Tourist Attraction Pearl, ON P0T 2M0 - landscaping stone - pick-your-own site www.facebook.com/billsoldamethys tmine Blue Points Amethyst Mine - specimens McTavish Twp. Lyndon Swanson - decorative stone # 5 Road North - aquarium stone Tourist Attraction Pearl, ON P0T 2M0 - pick-your-own site (218) 226-3147 (winter) [email protected] - email Boulder Creek Amethyst Quarry - specimens McTavish Twp. Chuck Anderson - giftware 27 Third Street Nipigon, ON P0T 2J0 (807) 887-2615 Canadian Shield Amethyst Mine - specimens McTavish Twp. Jerry Blakely - decorative stone PO Box 584 - landscaping stone Nipigon, ON P0T 2J0 (807) 887-3677 Purple Haze Mine - specimens North of MacGregor Twp. Michael & Sandra Grieve - giftware 22 Knight Street - jewellery Thunder Bay, ON P7A 5M2 - landscaping stone (807) 345-6444 - decorative stone www.purplehazeamethyst.com Windy Ridge Amethyst Quarry - specimens North of MacGregor Twp. Larry Kowtuski - giftware 71 Stover Street South - garden rock Norwich, ON McTavish Twp. (519) 588-3205 (519) 468-6802 – fax www.windyridgeamethyst.ca
Note: these producers are licensed or permitted under the Aggregate Resources Act Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Abino Au Total Granodiorite Zone: drill-indicated tonnage of Inactive (52N/04SW) 405 162 t @ 0.203 opt Au from three sub-zones (AF (McClean 1976)) Aiken-Russet Au 102 555 t @ 0.22 opt Au Inactive (52K/13NW) (AF (Kuryliw 1967)) Alcourt Au Reserves: 20 000 t @ 0.45 opt Au Inactive (52N/04SW) No. 1 vein: 17 000 t @ 0.2429 opt Au (AF (Tilsley 1981)) Anderson Lake Mo 1.346 Mt (grade not stated) Active (52A/10NE) (Lindsay Explorations Prospectus, June 19, 1959) Angel Hill Zone Au Inferred Resource: 106 400 t @ 2.97 g/t Au Active (52F/05SW) (Houston Lake Mining, press release, Oct. 20, 2005) Annco Mine Au 50 000 t "Excellent Grade" (0.35 opt Au?) Inactive (52N/04SW) (Energy Mines and Resources Canada (1989)) Ardeen Mine Au Inferred Resource: 1 082 939 t @ 14.4 g/t Au Active, (52B/10SW) (uncut) Rehab - partial (CAMH, 2002-2003, p. 335) Arseno Lake Zn, Pb, Cu, Ag 920 000 t @ 8.7% Zn+Pb, 1.5 opt Ag Inactive (53B/14NE) (CAMH, 2006–2007, p.157) Atikokan Iron Mine Fe, Cu 12 Mt @ 35% Fe, 0.040% Cu Inactive (52B/14SW) (The Northern Miner, October 26, 1972) Aumacho (Brink) Li 855 475 t @ 1.633% Li2O Active (42E/05SW) (GR 31, p.64 (1965)) Bad Vermilion Fe, Ti, V Reserves: 1.2 Mt at 15% Ti02 and 45% Fe. Active Lake Potential for 177 800 t of titanium sponge (52C/10NW) (The Northern Miner, August 15, 1985) Barton Bay Fe 500 Mt (grade ~ 25.2% Fe) Inactive (42E/10NW) (Resident Geologist’s files, Thunder Bay North District) Bathurst Mine Au 80 000 t @ 0.587 opt Au Inactive (52N/07SW) (Energy Mines and Resources Canada (1989)) Bear Head Uranium U 978 810 t @ 0.06% U3O8 to 500 feet Inactive Prospect (MDC 25 (Robertson and Gould 1983)) (52C/13SE) Bending Lake Fe 245.5 Mt @ 28.19 % Fe Inactive (52F/08SE) Mineral Resource (% Magnetite) Indicated: 185.2 Mt @ 29.59% Inferred: 151.4 Mt @ 30.38% (Bending Lake Ore Corporation, personal communication 2012) Berens River Mine Au, Ag, Pb, Zn No. 1 Zone: 75 000 t @ 0.1-0.2 opt Au, 4.0-5.0 opt Active, (Golsil, Zahavy) Ag; Rehab. - Partial (53C/13SE) No. 3 Zone: 713 249 t @ 0.249 opt Au, 4.83 t opt Ag, 0.67% Pb, 1.03% Zn 268 964 @ 0.287 opt Au, 4.73 opt Ag, 1.05% Pb, 1.37% Zn (inferred to 750 metre level ) (AF (Bevan 1983)) Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Big Daddy Cr NI 43-101-compliant resource estimate: Inactive (Ring of Fire) Measured and Indicated: 29.1 Mt @ 31.7% Cr2O3 (43D16/SE) Inferred: 3.4 Mt @ 28.1% Cr2O3 (cut-off grade of 20% Cr2O3) (NI 43-101 Technical Report, KWG Resources Inc., May 29, 2014) Big Master Au, Ag Reserves (proven and probable): Active (52F/07NE) 123,000 t @ 0.30 opt Au and Indicated: 600,000 t @ 0.22 opt Au (CMH, 1989-1998, p. 92) Big Trout Lake Pt, Pd, Cr Conceptual model of 140,000,000 t @ approx. 8.4% Inactive (53H12/SW) Cr2O3 (Platinex Inc., 2006 Qualifying Report, November 24, 2006) Big Whopper Petalite, Li, Rb, Indicated 8.9 Mt and Inferred 2.7 Mt both 1.34% Active (52L/07SE) Ta Li2O and 0.30 Rb2O (CAMH, 2000-2001) Blackbird Cr Measured and Indicated Resource: Inactive (Ring of Fire) 20.5 Mt @ 35.76% Cr2O3 (43D09/NW) Inferred Resource: 23.5 Mt @ 33.1% Cr2O3 (cut-off grade of 30% Cr2O3) (NI 43-101-compliant) (Noront Resources Ltd., news release, March 20, 2012) Black Creek Cr Measured and Indicated Resource: Inactive (Ring of Fire) 8.645 Mt @ 37.41% Cr2O3 (43D16/SE) Inferred Resource: 1.61 Mt @ 37.78% Cr2O3 (NI 43-101-compliant) (CAMH, 2013–2014, p.368) Black Horse Cr Inferred Resource: 77.2 Mt @ 25.1% Cr2O3 Active (Ring of Fire) (cut-off grade of 20% Cr2O3) (43D16/SW) (NI 43-101-compliant) (KWG Resources Inc., news release, June 3, 2014) Black Label Cr Measured and Indicated: 5.4 Mt @ 25.3% Cr2O3 Inactive (Ring of Fire) (cut-off grade of 20% Cr2O3) (43D16/SE) (Cliffs Natural Resources Inc., Annual Report, February 14, 2014) Black Thor Cr Measured and Indicated: 137.7 Mt @ 31.5% Cr2O3 Active (Ring of Fire) (cut-off grade of 20% Cr2O3) (43D16/SE) (Cliffs Natural Resources Inc., Annual Report, February 14, 2014) Bluffy Lake Fe 21 Mt at 22.86% Fe Inactive (52K/14SE) (Prelim. Map P.1199 (Breaks et al. 1976)) Bonanza Deposit Au Inferred Resource: 2 283 000 t of 6.98 g/t Au Active (52N/04SW) (NI 43-101-compliant) (Premier Gold Mines Ltd., news release, February 6, 2008) Borland Lake Ag, Au 502 412 t @ 8.09 opt Ag and 0.02 opt Au Inactive (53D/16NE) (Massive Resources Ltd., Preliminary Prospectus, August 6, 1987)
27 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Brookbank Au Open pit: Inactive (42E/12NW) Measured and Indicated Resource: 2.64 Mt @ 2.02 g/t Au (171 000 oz Au) Inferred: 0.717 Mt @ 2.38 g/t Au (13 000 oz Au) Underground: Measured and Indicated Resource: 1.85 Mt @ 7.21 g/t Au (429 000 oz Au) Inferred Resource: 0.403 Mt @ 4.02 g/t Au (53 000 oz Au) (NI 43-101-compliant) (Premier Gold Mines Ltd., news release, December 19, 2012) Buffalo Red Lake Au 421 728 t @ 0.139 opt Au drill-indicated in 1980 Inactive, (52N/04SW) (AF (Kita 1988)) Rehab. - Partial Burns Block Au, Ag Resource Estimate at Western and East Burns Active (52D16 SE) Intrepid zones * (cut-off grades: open-pit 0.35 g/t AuEq and underground 2.50 g/t AuEq) Open Pit Category above 500m: Indicated: 1,253,000 @ 1.0 g/t Au, 14.7 g/t Ag Inferred: 79,000 @ 7.9 g/t Au, 37.0 g/t Ag Underground Category: below 500m: Indicated: 2,788,000 @ 1.2 g/t Au, 14.4 g/t Ag Inferred: 195,000 @ 7.4 g/t Au, 43.0 g/t Ag (Bayfield Ventures Corp., press release, January 14, 2014) Cameron Lake Au Resource Estimate: Active (52F/05SE) Open Pit Category (cut-off 0.5 g/t Au) Measured: 2,872,000 t @ 2.30 g/t Au Indicated: 5,417,000 t @ 1.76 g/t Au Inferred: 881,000 t @ 2.07 g/t Au Underground Category (cut-off 1.75 g/t Au) Measured: 157,000 t @ 2.77 g/t Au Indicated: 559,000 t @ 3.23 g/t Au Inferred: 5,709,000 t @ 2.78 g/t Au (Chalice Gold Mines Ltd., press release, July 28,2014) Cates Prospect Zn, Ag Zone: 2700 m by 12m by 60 m Inactive (52F/13SE) Reserves: 5.83 Mt @ 0.5% Zn and 0.5 opt Ag (Kenora assessment file 52F/13SE B-1 to B-6 Rio Algom) Cedar Island and Au Indicated: 1 Mt @ 4.18 g/t Au Inactive Eastern Extension Inferred: 3.050 Mt @ 3.25 g/t Au (52E/10SW) (Everton Resources Inc., press release, Feb. 4, 2010) Central Onaman Fe 200 Mt @ ca. 30% Fe Inactive Range (MDC 11, p.407) (42L/03NW) Chrome Lake Mine Cr2O3 "E" Zone: 25 000 t @ 12% Cr2O Active (52H/14NW) "A" Zone: 1 Mt @ 7% Cr2O3 "G" Zone: 1.5 Mt @ 2.3% Cr2O3 (OFR 5889, 1994, p.41-42) Cochenour Willans Au Proven and Probable: 173 000 t @ 0.51 opt Au, Active, Mine Possible Reserves: 274 000 t @ 0.59 opt Au Rehab. - Partial (52N/04SW) (NM - Dec. 12, 1994, p.7)
28 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Coco-Estelle Au 53 700 t @ 10.7 g/t Active (42E/03SW) (OFR 5951 p.806) Cole Gold Mine Au 119 780 t @ 0.41 opt Au Probable and Indicated Inactive (52M/01SE) (AF (Wilton 1973)) Consolidated Au 60 000 t @ 0.18 opt Au Active Marcus (Energy Mines and Resources Canada (1989)) (52N/04SW) Copper Lode A – Cu, Ag 236 424 t @ 1.94% Cu, 1.22 opt Ag or 425 612 t @ Inactive Rexdale Group 1.56% Cu, 0.98 opt Ag or 854 007 t @ 1.01% Cu, (52K/15NW) 0.57 opt Ag (AF (Archibald 1970), MP 152 (Atkinson, Parker and Storey 1991)) Copper-Lode D Cu, Zn 36 000 t @ 0.26% Cu, 7.58% Zn Inactive (52K/15NW) (AF (MacDougall 1996)) Copper-Lode E Zn, Cu, Ag 160 000 t @ 8.28% Zn, 1.02% Cu, 0.39 opt Ag Inactive (52K/15NW) (AF (Archibald 1970)) Coubran Lake Cu, Fe, Ti, P 60 Mt @ 0.2% Cu, 27% Fe, 5% Ti, 5% P; Active (42D/16NW) plus 32 Mt @ 0.3% Cu, 23% Fe, 0.02% Ni, 2.48% Ti, 0.36% P (AF (Bell and Bell 1991; Newmont Mining Corporation of Canada Ltd. (CMH 2002-03)) Dead Horse Creek Pb, Zn, Ag, 14 000 t @ 1.45% Pb, 7.28% Zn, 8.27 opt Ag Inactive North REE (OFR 5951 p.586) (42D/15SE) Dead Horse Creek Pb, Zn, Ag, 35 000 tons @ 19.87% Pb, 9.08% Zn, 27.65 opt Ag Inactive South REE in Zone 1. 36,000 tons in Zone 2 (grade not (42D/15SE) reported). (MRC 12, p.304) Dixie 18 Prospect Zn 110 000 t @ 0.5% Cu, 12.5% Zn, 0.57 opt Ag Inactive (52K/14NW) (AF (King and Petrie 1998)) Dixie 3 Prospect Cu, Zn 91 000 t @ 10.0% Zn, 1.0% Cu Inactive (52K/14NW) (AF (MacDougall 1995)) Dixie Creek Au 417 000 t @ 0.12 opt Au Inactive (52K/13SE) (MDIR) Dobie Deposit Cu-Ni 5.0 Mt @ 0.28% Cu and 0.24 % Ni Inactive (52C/12NW) (Kenora assessment file 52C/12NW B-3) Dobie Zone Au 301 000 t @ 5.5 g/t Au Active (52O/06NE) (OFR 5869, p.161-162) Dogpaw Au Resource Estimate (cut-off 0.5 g/t Au): Active (52F/05SW) Indicated: 259 000 t @ 2.99 g/t Au Inferred: 158 000 t @ 2.71 g/t Au (Coventry Resources Inc., press release, May 14 2013) Doran Lake Fe 171 Mt @ 22.3% magnetic Fe; Inactive (52J/15NE) 205 Mt @ 16.7% magnetic Fe (MDC 11, p.450) Dorion Mine Pb, Zn Maximum of 35 000 t @ 10% Pb Inactive (52A/15SE) (Andowan Mines Ltd. prospectus, March 30, 1957)
29 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Dubenski Au Resource Estimate (cut-off 1.0 g/t Au) Active (52F/05SW) Indicated: 806 000 t @ 2.28 g/t Au Inferred: 392 000 t @ 1.44 g/t Au (Coventry Resources Inc., press release, December 9, 2013) Duport Mine Au Indicated Reserves: 424 000 tonnes at 13.4 g/t Au. Inactive (52E/11SE) Inferred Reserves: 387 000 tonnes at 10.7 g/t Au. (Halo Resources Ltd., press release, Aug. 19, 2005) Eagle Island Fe Indicated Resource: 1,287 Mt @ 28.39% Fe Active (52J/14NE) Inferred Resource: 108 Mt @ 31.03 % Fe (NI 43 101-compliant) (NI 43-101 Technical Report, Rockex Mining Corp., October 11, 2013) Eagle’s Nest Ni, Cu, PGE, Reserves (Proven and Probable: 11.13 Mt @ 1.68% Active (43D09/NW) Au Ni, 0.87% Cu, 0.89 g/t Pt, 3.09 g/t Pd and 0.18 g/t Au Inferred Resource: 8.966 Mt @ 1.10% Ni, 1.14% Cu, 1.16 g/t Pt, 3.49 g/t Pd and 0.30 g/t Au (NI 43-101-compliant) (CAMH, 2013–2014, p.325) East Cedartree Au Resources Estimate * (cut-off 1.0 g/t Au) Active (52F05SW) Indicated: 434 505 t @ 3.91 g/t Au Inferred: 294 155 t @ 3.21 g/t Au (Metalore Resources Ltd., press release, March 14, 2012) Eva Township Fe, P A.L. 414: 3.5 Mt @ 33.5% Fe, 0.118% P to 600 foot Inactive (52H/09NE) depth A.L. 416: 5 Mt @ 30% Fe (MDC 11, p.378) Fern Elizabeth Au 250 000 t @ 4.57 g/t Au Active Mine (CMH, 1998-1999, p.309) (52B/13SE) F-Group Cu, Zn, Pb, Ag Reserves (Dec/82): 0.20 Mt @ 8.20% Zn, 0.80% Inactive (52G/14SE) Cu, 0.60% Pb, 1.80 opt Ag (CMH 1982–1983, p.254 Noranda) Garnet Lake Zn, Cu, Ag, Au Indicated Resource: 2 071 000 t @ 5.92% Zn, 0.75% Inactive (52K/15NW) Cu, 0.58 g/t Au, 21.1 g/t Ag, average 34.6 g/t In (3% Zn equivalent cut-off) Inferred Resource: 120 552 t @ 2.60% Zn, 0.56% Cu, 0.40 g/t Au and 18.6 g/t Ag (3% Zn equivalent cut-off) (NI 43-101-compliant) (Carter (2007)) GAZ Au Inferred Resource: 1.4 Mt @ 8.0 g/t Au (NI 43-101 Inactive (52N/04NE) compliant) (Wolfden Resources Inc., news release, February 23, 2005) Geordie Lake Cu, Ag, Pd Measured and Indicated Mineral Resource 32.42 Mt Active (42D/16SW) @ 0.61 g/t Pd, 0.04 g/t Pt, 0.05 g/t Au, 2.93 g/t Ag, 0.37 % Cu for 641 000 oz Pd, 39 510 oz Pt, 49 700 oz Au, 3 057 800 Ag, 263 670 000 lbs Cu (Marathon PGM Corporation, news release, May 4, 2010)
30 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Georgia Lake Li Indicated Resource: Active (Nama Creek Main 3.19 Mt @1.10% Li2O Zone North, Inferred Resource: Conway, Line 60, 6.31 Mt @ 1.00% Li2O Nama Creek Main (NI 43-101-compliant) (Rock Tech Lithium Inc., Zone Southwest, news release, September 10, 2012) Harricana) (52H/8NE) Gold Eagle Mine Au 309 000 t @ 16.67 g/t Au (western Discovery Zone) Active (52N/04SW) (NI 43-101-compliant) (Pressacco (2004)) Goldlund Mine Au Reserve Estimate *: (cut-off 0.5 g/t Au) Active (52F/16NW) Measured and Indicated: 19.0 Mt @ 1.30 g/t Au for 791,000 oz Au Inferred: 42.5 Mt @ 0.78 g/t Au for 1,070,000 oz Au (Tamaka Gold Corp., technical report, Dec. 5, 2013) Gordon Lake Mine Cu, Ni, PGE Reserves: 170 420 t @ 0.85% Ni and 0.35% Cu Inactive (52L/07NW) (OFR 5975, Parker 1989, p.121) Goss Lake Au 271 000 t @ 5.10 g/t Au Active (Frond Lake) (Landore Resources Limited, Annual Report, 2011) (52P09/SW) Grassett Prospect Au 78 295 t @ 0.22 opt Au (Part of the Hill-Sloan-Tivy Inactive (52N/02SE) Vein) (Energy Mines and Resources Canada (1989)) Great Lakes Nickel Cu, Ni, PGE Historical Indicated Resource: 45.6 Mt @ 0.344% Active (52A/4SE) Cu, 0.183% Ni; Pt & Pd values (CMH, 2002-2003, p.197) Griffith Mine Fe 120 Mt @ 29% Fe Active (52K/14SW) (GR 82 (Shklanka 1970)) Hammond Reef Au NI 43-101-compliant Resource Estimate: Active (52B/14NW) In-Pit Resource (cut-off grade 0.32 g/t) Measured: 175.3 Mt @ 0.75 g/t Au for a total 4.25 M oz. Indicated: 54.1 M t @ 0.61 g/t Au for a total of 1.06 M oz. (Osisko Mining Corporation, news release, January 31, 2013) Hardrock Au NI 43-101-compliant resource estimate (open pit + Active (42E/10NW) underground): Indicated: 89.04 Mt @ 1.70 g/t Au representing 4.87 M oz Au Inferred: 23.15 Mt @ 3.69 G/t Au representing 2.74 M oz Au (Premier Gold Mines Ltd., news release, July 8, 2014) Hasaga Mine Au C Block (below 1800 feet): 200 203 t @ 0.192 opt Inactive (52N/04SW) Au, Stopes: 41 430 tons @ 0.104 opt Au, Pillars: 6 365 tons @ 0.134 opt Au (GR 56 (Ferguson 1968)) Headway Coulee Zn, Ag 250,000 t @ 4.44% Zn, 1.32 opt Ag Active (42L/04SE) (OFR 5630, p.41)
31 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Hercules Au Indicated Resource: Inactive (42E/13SE) 231 800 t @ 14.95 g/t Au (111 450 oz) Inferred Resource: 761 300 t @ 4.13 g/t Au (101 050 oz) (NI 43-101-compliant) (CAMH, 2012–2013, p.539) High Lake Prospect Mo, Au Resource: 200 000 t @ 0.63% MoS2 Inactive (Eco Occurrence) (Davies and Smith, 1988, p.114) (52E/11NE) Hill-Sloan-Tivy Au 296 000 t @ 0.219 opt Au Inactive (52N/02SE) (may include Grassett Prospect Reserves) (AF (Germundson 1995)) Horseshoe Island Au 893 508 t @ 0.14 opt Au Active (52N/08NW) (Northwest Prospector, March/April 1990, p.27) Howells Lake Au 83,000 t @ 0.07 opt Au (+1.37% Sb) and 660,000 t Inactive (52P/10SW) (+3.1% Sb) with erratic Au values (OFR 5926, p.68) Howey Mine Au 780 000 t @ 0.08 opt Au Inactive (52N/04SW) (Energy Mines and Resources Canada (1989)) Ishkoday Au Inferred Resource: Active (Sturgeon River) 281 571 t @ 1.14 g/t Au (10 327 oz in tailings area (42E13/SW) and low-grade stockpile) (NI 43-101-compliant resources) (CAMH, 2013- 2014, p.268) Jack Lake Au Possible: 75,000 t @ 0.35 opt Au and 3,000 t @ 0.30 Inactive (52B/14SW) opt Au; or 100,000 t @ 0.45 opt (OFR 5332, p.J-7; Asamera Inc. annual report, 1981) Jackson-Manion Au 40 000 t @ 0.5 opt Au Inactive Mine (The Northern Miner, March 14, 1985, p.21) (52N/02SE) Jacobus Cu, Ni 1 Mt @ 0.94% Cu+Ni Inactive (42E/13SE) (CAMH, 2006–2007, p.305) Jean Lake Li 1.689 Mt @ 1.30% Li2O Inactive (42E/05NW) (Jean Lake Lithium Mines Ltd., Annual Report (1957)) Joy – New Zone Cu, Zn 300 000 t @ 4% combined Cu+Zn Inactive (52K/14NW) (AF (Lewis 1994)) Junior Lake Ni, Cu, PGE VW Deposit: Active (42L/05SW) Indicated Resource: 3.73 Mt @ 0.49% Ni (@ 0.25% (Ni cut-off) Inferred Resource: 0.72 Mt @ 0.72% Ni (@ 0.25% (Ni cut-off) (NI 43-101-compliant) (Landore Resources Limited, Annual Report, 2011) B4-7 Deposit: Indicated Resource: 2.695 Mt @ 0.70% Ni, 0.46% Cu, 0.07% Co, 0.14 g/t Pt, 0.55 g/t Pd, 0.03 g/t Au (1.24% Ni Eq.) (NI 43-101-compliant) (Landore Resources Inc., news release, January 17, 2013)
32 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Kailey Zone Au Open pit: Active (42E10/NW) Measured and Indicated Resource: 8.630 Mt @ 0.95 g/t Au (265 000 oz Au) Inferred Resource: 3.688 Mt @ 0.97 g/t Au (115 000 oz Au) (NI 43-101-compliant) (Premier Gold Mines Ltd., news release, December 19, 2012) Kaministikwia Fe Historical resource: 190 Mt that could produce 47.5 Inactive Prospect Mt of concentrate 62.85% Fe (52A/12) (MDC 11, p.374) Karl–Zeemel Au Historical resource: 327 000 t @ 4.6 g/t Au Active (53B/09SW) (reference n/a) Kasagiminnis Lake Au 2.9 Mt @ 5.8 g/t Au Active (52O/08SW) (NM, April 18, 1988) Kenbridge Prospect Ni, Cu Indicated resources 4.46 Mt @ 0.42% Ni, 0.23% Cu Inactive (52F/05NE) above 150 m level Inferred resource 2.68 Mt @ 0.96% Ni, 0.50% Cu below 150 m level (Canadian Arrow Mines Ltd., press release, Aug. 19, 2008) Kesaka Lake Fe 312.5 Mt @ 31.1% Fe to a depth of 1000 feet Inactive (52K/16NW) (MRC 11 (Shklanka 1968)) Key Lake Au Open pit: Active (42E/11NE) Measured and Indicated Resource: 2.572 Mt @ 1.17 g/t Au (97 000 oz Au) Inferred Resource: 1.345 Mt @ 1.29 g/t Au (56 000 oz Au) Underground: Measured and Indicated Resource: 0.031 Mt @ 6.48 g/t Au (6 000 oz Au) Inferred Resource: 0.058 Mt @ 3.57 g/t Au (7 000 oz Au) (NI 43-101-compliant) (Premier Gold Mines Ltd., news release, December 19, 2012) Kilometre 61 Mo, Cu, Ag Indicated Resource: 66.6 Mt @ 0.063% Mo eq., Inactive (52I/08NW) (127.7 million lbs Cu, 78.2 million lbs Mo and 5.5 million oz Ag) Inferred Resource: 38.9 Mt @ 0.065% Mo eq. (78.0 million lbs Cu, 46.5 million lbs Mo and 3.4 million oz Ag) (NI 43-101-compliant) (CAMH, 2013–2014, p.434) Koval–Ohman Au 471 589 t @ 5.81 g/t Au Inactive (52O/07SE) (OFR 5869, p.317) Lac La Croix Li 1.525 Mt @ 1.27% Li2O Inactive (52B/05SW) (OFR 5388, p.62) Lake St. Joseph Fe 616 Mt @ 23.0% soluble Fe to 550 foot depth Inactive (52O01/SW) (MDC 11, p.455) Lamaune Fe 245 519 350 t grading 36.6% Fe @ cut-off of 30% Active (42L05/NW) (estimate, Non-NI 43-101-compliant) (Landore Resources Limited, news release, June 4, 2010)
33 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Lavoie Lake Cu, Ni 14.6 Mt @ 0.58% Cu, 0.37% Ni Inactive (43D/05NE) (OFR 5926, p.101) Lingman Lake Au 1 172 753 t @ 0.20 opt Au in all zones at 5.0 foot Active (53F/15SW) minimum width (cut-off grade of 0.08 opt Au) (AF (McPhee 1989)) Lockhart Lake Zn, Cu, Au, Ag Reserves: 6.1 Mt @ 1.06% Zn, 0.27% Cu, 3.2 g/t Ag Inactive (52C/10NW) and 0.006 g/t Au (Kenora assessment file Minnova 1989 - 52C/10NE Y-6) Lynx Cu, Ag, Au Inferred Resource: Inactive (42L/04SE) 1.936 Mt @ 1.44% Cu, 39.6 g/t Ag, 0.58 g/t Au (NI 43-101-compliant) (Sage Gold Inc., news release, March 31, 2009) Lyon Lake Mine Cu, Zn, Pb, Ag Reserves: 695 000 t @ 10.34% Zn, 0.75% Cu, Inactive, (52G/15NW) 1.62% Pb and 5.96 opt Ag in the Creek Zone Rehab – Complete (CMH 1990–1991, p.332 Noranda) M.N.W. Li 40 000 t “high-grade Li” Active (52H/04NE) (GSC Economic Geology Report 21, p. 61) MacKenzie-Gray Au Reserves: 98 702 t @ 10.29 g/t Au Inactive (52C/10NE) (Nipigon Gold Resources Inc, Technical Report,. Larouche, 1992) Madsen Mine Au Indicated Resource: 3.236 Mt @ 8.93 g/t Au, Active, (52K/13NW) Inferred Resource: 788 000 t @ 11.74 g/t Au Rehab. – Partial (NI 43-101-compliant) (CAMH, 2012-2013, p.168) Magnet Mine Au Measured and Indicated Resource: 69 200 t @ 0.34 Inactive (42E/11NE) opt Au (CAMH, 2006–2007, p.376) Marathon PGM-Cu Pd, Pt, Cu, Au, NI 43-101-compliant resource estimate: Active (42D16/SW) Ag Total proven and probable reserves: 91.45 Mt grading 0.832 g/t Pd, 0.237 g/t Pt, 0.085 g/t Au, 0.247% Cu and 1.44 g/t Ag for a total of 3.4 M oz of PGM + Au, 4.23 M oz Ag and 496 M lbs Cu. (Marathon PGM Corporation, news release, January 11, 2010) Marchington Road Cu, Zn, Pb, Ag Reserves: 150 000 t @ 0.98% Cu, 3.11% Zn, 1.16% Inactive (52J/07SE) Pb, 1.97% Ag (Kenora assessment file 52J/7SW 0024 Umex Inc.) Marshall Lake Cu, Zn, Ag, Au 2.211 Mt @ 1.22% Cu, 4.2% Zn, 2.45 opt Ag, 0.012 Active (42L05/NE) opt Au (CAMH 2005–2006, p.289) Matawin Iron Fe Historical resource:120 Mt @ 29.56% Fe Inactive Range (MDC 11, p. 374) (52B/09, 52A/12) Mattabi Mine Cu, Zn, Pb, Ag Reserves: 387 000 t @ 0.13% Cu, 9.28% Zn, 0.58% Inactive, (52G/15SW) Pb and 1.77 opt Ag Rehab – Complete (CMH 1988–1989, p.338 Noranda) Mavis Lake Li, Ta Reserves: 500 000 t @ 1% LiO2 Active (52F/15SE) (OFR 5718, Storey, 1990)
34 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Maybrun Mine Cu, Au Production: 125 000 t at unknown grades Active (52F/05NE) Resources for the Maybrun Zones: Main Indicated: 7 366 000 t @ 0.41% Cu, 0.64 g/t Au Main Inferred: 1 738 000 t @ 0.30% Cu, 0.115 g/t Au Footwall Inferred: 5 400 000 t @ 0.18% Cu, 0.94 g/t Au North Inferred: 3 454 000 t @ 0.25% Cu, 0.67 g/t Au (Opawica Exploration Inc., press release July 16, 2009) May-Spiers Au 30 000 t @ 0.09 opt Au Inactive (52M/01SE) (AF (Bayne 1981)) McCombe (Root Lithium 2.3 Mt of 1.3% Lithium to the 500’ level Inactive Lake) (MP 90 (Breaks 1979)) (52J/13NE) McFaulds 1 Cu, Zn Inferred Resource: 279 000 t @ 2.13% Cu and Inactive (43D16/SE) 0.58% Zn (NI 43-101-compliant) (CAMH, 2012–2013, p.171) McFaulds 3 Cu, Zn Indicated Resource: 802 000 t @ 3.75% Cu and Inactive (43D16/SE) 1.1% Zn (NI 43-10-compliant) (CAMH, 2012–2013, p.171) McVittie Li 261 000 t @ 1.03% Li2O Inactive (52H/08NE) (GR 31, p.89 (1965)) Mikado Mine Au Indicated: 968 300 t @ 4.18 g/t Au, Inferred: Inactive (52E/10SW) 3 014 000 t @ 3.25 g/t Au Cut-off 1 g/t Au (Everton Resources Inc., press release, March 1, 2010) Miminiska Lake Au 232 000 t @ 5.62 g/t Au Active (52P/09SW) (Landore Resources Limited, Annual Report, 2011) Moss Lake Property Au Indicated Resource: 39 795 000 t grading 1.1 g/t for Active (52B10/SE) a total of 1 377 300 oz Inferred Resource: 50 364 000 t grading 1.1 g/t for a total of 1 751 600 oz. (Moss Lake Gold Mines Ltd., news release, February 20, 2013) Mount Edna Fe Historical resource: 270 Mt @ 26.9% Fe Inactive (Gunflint Property) (MDC 11, p. 376) (52B/08, 52B/01) Mount Jamie Au Main Zone: 47 048 t @ 0.425 opt Au, Active (52M/01SE) No. 2 Shaft area: 25 360 t @ 0.37 opt Au (AF (Gordon 1988)) New Faulkenham Au 15 000 tons @ 0.428 opt Au Inactive Mines Ltd. (AF (Holbrooke 1958)) (52K/13NW) Nicopor Ni, Cu 185 000 t @ 0.48% Ni, 0.26% Cu (0-90 m); plus Inactive (42D/14NW) 190 000 t @ 0.40% Ni, 0.12% Cu (90-180 m) (Zenmac Metal Mines Ltd., annual report, 1970)
35 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Northern Empire Au Indicated Resource: 86 652 t @ 10.70 g/t Au Active Mine (29 807 oz Au) (42E/12SW) Inferred Resource: 64 748 t @ 9.95 g/t Au (20 719 oz Au) (NI 43-101-compliant) (CAMH, 2013–2014, p.365) Northgate Prospect Au 64 600 t @ 0.28 opt Au Inactive (52N/02SE) (AF (Zinn 1984)) North Fe Reserves: 405 000 t @ 28% Fe in 4 zones and a Inactive Kaskaweogama possible 50 Mt at an unknown grade (52J/07NW) (MRC 11 Shklanka, 1988 p.443) North Madsen Au Measured and Indicated Resources: Active (53K/13NW, 22 958 910 t @ 1.20 g/t Au (888 752 oz Au) 52N/04SW) Inferred Resources: 10.138 Mt @ 1.18 g/ t Au (383 936 oz Au) (Mega Precious Metals Technical Report January 2, 2014 (McCracken and Utiger, 2014)) North Pines Mine Pyrite Production: 500 000 t @ 28% Fe (1909-21) Inactive (52K/01SE) Reserves: open (GR 101, Johnston, 1972, p.36) North Rock Mine Cu Zone: 400m x 2-30m x 91m Inactive (52C/11NE) Reserves: 1.1 Mt @ 1.17 % Cu including 265,230 t @ 2.08% Cu (OFR5512, Poulson, 1984) North Shores Au Afric Zone: Indicated: 12,360,000 t grading 0.99 g/t Active (42D/14SW) Au for 391,000 oz Au plus Inferred: 29,580,000 t grading 0.87 g/t Au for 824,000 oz Au (cutoff grade of 0.50 g/t Au) (GTA Resources and Mining Inc., news release, June 10, 2014) North Spirit Lake Fe 1.3 Mt per vertical foot of 33.94% Fe (MRC 11 Inactive (53C/07NW) (Shklanka 1968), GR 150 (Wood 1977)) Nortoba–Tyson Mo 72 000 t @ 1.04% Mo Inactive (52H/09NE) (Roxmark Mines Limited Technical Report , P.A. Bevan, April 2006 (Resident Geologist Files, Thunder Bay)) Norton Lake Ni, Cu, Co, Pd Measured and Indicated Resource: 2 258 654 t @ Inactive (42M/14NW) 0.67% Ni, 0.61% Cu, 0.03% Co and 0.46 g/t Pd Inferred Resources: 198 571 t @ 0.66% Ni (cut off 0.3% Ni) (NI 43-101-compliant) (CAMH, 2013–2014, p.495, 374, 462) Ogani Lake Fe 100 Mt @ 21.6% Fe Inactive (52K/15NE) (MRC 11 (Shklanka 1968)) Ontario Lithium Li 1.18 Mt @1.084% Li2O Inactive (Jackpot) (CMH, 1997-98, p. 250) (42E/05SW)
36 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status OG Deposit Au NI 43-101-compliant Resource with cut-off grade of Active (formerly East 0.4 g/t Au. Coldstream) Indicated: 3.5 Mt @ 0.85g/t Au for a total of 96,400 (52B/10SE) oz Au. Inferred: 30.5 Mt @ 0.78g/t Au for a total of 763 276 oz Au. (Foundation Resources Inc., news release, September 20, 2011) Papaonga Lake Fe 13.5 Mt @ 31.06% Fe Inactive (52K/16NE) (MDIR) Paulpic Au 200 000 t @ 0.231 opt Au Inactive, (42L/04NE) (OFR 5630, p.465) Rehab. - Partial Phoenix Gold Au Updated NI 43-101-compliant resource estimate: Active Project Indicated: 4.12Mt @ 8.52 g/t Au (1.1M ounces Au) (52N/04SE) Inferred: 7.45 Mt @ 9.26 g/t Au (2.2M ounces Au) (Rubicon Minerals Corporation, news release, August 9, 2013) Pick Lake Cu, Zn Upper and Middle Zone: Active (42D/14NW) 0.26 Mt @ 11.21 % Zn and 0.77 % Cu Lower Zone: 1.2 Mt @ 15.9 % Zn and 0.86 % Cu (AFRO # 2.45096) Pickle Crow Mine Au Inferred Resource: 10.15 Mt @ 3.9 g/t Au Active (52O/09SE) (1 262 000 oz Au) (NI 43-101-compliant) (CAMH, 2013–2014, p.353) Pidgeon Mo Resource Estimate * (cut-off grade 0.04% Mo) Active (52F/16NW) Indicated: 2.66 Mt @ 0.117% Mo Inferred: 12.39 Mt @ 0.084% Mo (MPH Ventures Ltd., press release, September 13, 2012) Pistol Lake / JF Au Inferred Resource estimates. Active West Zone At 1.00 g/t cut-off: 2 857 200 t @ 1.64 g/t Au for a (52B/09NW) total of 150 699 ounces Au. At 2.00 g/t cut-off: 851 000 t @ 2.62 g/t Au for a total of 71 700 ounces Au. (Golden Share Mining Corporation, news release, October 4, 2011) Powell Au 250 000 t @ 0.25 opt Au Active (52B/07SW) (The Northern Miner, January 22, 1990) Prairie Lake U, Nb, REE, Non-NI 43-101-compliant; 515 to 630 Mt grading Active (42E/02SE) wollastonite 0.09-0.11% Nb (0.9-1.1 kg/t) and 3.0-4.0% P (1.2 1.4 kg P/t) (Nuinsco Resources Limited, news release, April 11, 2014) Purdex Prospect Au Resource: 226 800 t grading between 8.57 and 10.28 Active (A-D Zones) g/t Au (52E/11NE) (International Millennium, 2006 technical report)
37 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Rainy River Au-Ag Au, Ag, Resource Estimate all zone at Rainy River Deposit Active Zones including Intrepid zone * (52D/16SE) Total Combined for Deposit Open Pit: cut-off 3.0 g/t AuEq Underground: cut-off 2.5 g/t AuEq Measured and Indicated: 177.361 Mt @ 1.09 g/t Au, 2.57 g/t Ag Inferred: 20.655 Mt @ 1.16 g/t Au, 2.58 g/t Ag (New Gold Inc., press release, January 16, 2014)
34 Zone Au, Pt, Pd, Ni, Indicated Resource *: cut-off 0.35 g/t Au Cu 145 000 t @ 0.66 g/t Au, 0.26 g/t Pt, 0.67 g/t Pd, 3,477 ppm Ni, 2,414 ppm Cu (Hardie et al., Feasibility Study on Rainy River Deposit May, 2013)
Silver Zone Au Ag Indicated Resource *: cut-off 0.35 AuEq 1,535,000 t @ 0.41 g/t Au, 25.03 g/t Ag (Hardie et al., Feasibility Study on Rainy River Deposit May, 2013) Redaurum Au 14A Zone: 243 750 t @ 0.22 opt Au, 26 250 t @ Inactive, (52N/04SW) 0.20 opt Au Rehab. - Partial No. 2 Zone: 137 500 t @ 0.18 opt Au No. 3 Zone: 102 500 t @ 0.18 opt Au Camp Zone: 24 750 t @ 0.13 opt Au (AF (Barclay 1986)) Red Crest (Red Au 47 439 t @ 0.269 opt Au (uncut grade) Inactive, Summit) (ODM Annual Report, Horwood 1945) Rehab. - Partial (52M/01SE) Richardson Au 700 000 t @ 0.2 opt Au Active (52N/09SW) (OFR 5835 (Parker and Atkinson 1992)) Rowan Au 10 900 t @ 0.657 opt Au (AF (Bishop 1939)) Inactive (52M/01SE) 798 000 t @ 4.7 g/t Au (Hy Lake Gold Inc., news release, October 21, 2010) Sachigo River Mine Au 6000 t of 10 g/t Au for #1 Vein Inactive (53J/11SW) (Hawkins (2009)) Sanshaw Au 175 000 t @ 0.20 opt Au Active (52N/04SW) (NM - June 11, 1953) Sapawe Mine Au 528 614 t @ 0.31 opt Au Inactive (52B/14SW) (Sapawe Gold Mines Ltd., news release, March 10, 1995) Sawbill Lake Au 66 600 t @ 0.20 opt Au Active (52B/14NW) (OFR 5332, pJ-4) Schreiber-Pyramid Au 107 t @ 0.71 opt Au Active (42D/14SE) (Resident Geologist Files) Scramble Mine Au Zone: 366 m to 457 m by 3.7m wide zone @ 0.15 Inactive (Homestake) opt Au (52E/16SW) Reserves: 150 000 t @ 0.24 opt Drill estimated: 70 000 oz (0.05 opt cut-off) (Northern Miner July 25, 1988) Setting Net Lake MoS2 100 Mt @ 0.09% MoS2 Active (53C/13SE) (MDIR The Northern Miner, March 23, 1973)
38 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Shebandowan West Ni, Cu, PGE Measured & Indicated reserves in four zones: 2.58 Inactive Mt grading 0.91% Ni, 0.62% Cu, 1.09 g/t Pd, 0.34 g/t Pt and 0.23 g/t Au Inferred resources total an additional 340 000 t grading 1.11% Ni, 0.61% Cu, 0.97 g/t Pd, 0.27 g/t Pt and 0.18 g/t Au (North American Palladium, news release, October 25, 2007). Sidace Lake Au Indicated Resource: Inactive MDZ 1 119 500 t @ 3.0 g/t Au, UDZ 247 600 t @ 4.19 g/t Au Inferred Resource: MDZ 1 677 200 t @ 3.01 g/t Au, UDZ 425 800 t @ 4.11 g/t Au (MDZ = Main Discovery Zone, UDZ = Upper Duck Zone) (NI 43-101-compliant) (Power-Fardy and Breede (2009)) Silver Islet Ag 115 000 t @ 40 opt Ag (waste dump) Inactive, (52A/07SW) 300 000 oz Ag in roof pillar Rehab - Complete 1 050 000 oz Ag plus 750 000 oz Ag in pillars and stopes (MP 71, p.44) Silver Mountain Ag 60 000 t @ 5.0 opt Ag, 12% CaF2 Inactive (52A/04NW) (The Northern Miner, October 28, 1954) Skibi Lake Fe 335 Mt @ 26.2% acid-soluble Fe Inactive (MDC 11, p.445) Sol-D'Or Au 8565 t @ 0.57 opt Au Inactive (52N/07SE) (Energy Mines and Resources Canada (1989)) Springpole Lake Au Indicated Resource: 128.2 Mt @ 1.07 g/t Au and 5.7 Active Property g/t Ag (4 410 000 oz Au, 23 800 000 oz Ag) (52N/08NW) Inferred Resource: 25.7 Mt @ 0.83 g/t Au and 3.2 g/t Ag (690 000 oz Au, 2 700 000 oz Ag) (cut-off grade of 0.4 g/t Au) (NI 43-101-compliant) (CAMH 2012-2013, p. 291) St. Anthony Mine Au Reserves: 37 800 t @ 0.18 opt Au Active (52J/02SE) (Ferguson, Groen and Haynes, 1971 - p.295) Starratt-Olsen Mine Au 15 000 t @ 0.45 opt Au Inactive (52K/13NW) (The Northern Miner, July 26, 1973) Stewart/Fire Tower Au Inferred: 4 506 362 t @ 0.69 g/t Au for a calculated Active (52A/12SE) reserve of 3 130 820 g Au (100 658 oz) (ValGold Resources Ltd., news release, January 30, 2006) Stewart Lake Fe 49.5 Mt @ 30% Fe Inactive (42L11/NW, NE) (MDC 11, p.446) Sturgeon Lake Cu, Zn, Pb, Ag Reserves (Dec/78): 599 000 t @ 2.34% Cu, 8.98% Inactive, Mine Zn, 1.30% Pb, 5.17 opt Ag and 0.018 opt Au. Rehab - Complete (52G/15NW) (CMH, 1980-1981, p.102) Summit Lake Fe 40 Mt @ 30% Fe to 1000 foot depth Inactive (42L05/NE) (MDC 11, p.438) Sunbeam Au 4410 t @ 0.42 opt Au Inactive (52B/14SW) (OFR 5332, p.J-2)
39 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Swamp River (Band Au Historical resources of 251 271 ounces Au within 2 Active Ore) principal zones: (52B/09SE) Main Zone: 706 000 t @ 6.86 g/t Au; # 4 Zone: 616 000 t @ 4.83 g/t Au) (CMH 2002-2003 p. 52) Thierry Mine Cu, Ni Main deposit (Underground): Active (52O/08NW) Measured and Indicated Resource: 8.131 Mt @ 1.46% Cu, 0.18% Ni, 3.7 g/t Ag Inferred Resource: 11.507 Mt @ 1.46% Cu, 0.18% Ni, 3.7 g/t Ag (NI 43-101-compliant) K1-1 deposit (Open Pit): Inferred Resource: 51.044 Mt @ 0.31% Ni, 0.08% Cu, 1.5 g/t Ag (NI 43-101-compliant) (CAMH, 2013–2014, p.87) Thunder Bay North Pt, Pd, Cu, Ni Open pit: Active (52A/15SW) Indicated 8.64 Mt @ 1.04 g/t Pt, 0.98 g/t Pd, 0.25% Cu, 0.18% Ni Underground: Indicated 1.369 Mt @ 1.65 g/t Pt, 1.54 g/t Pd, 0.43% Cu, 0.24% Ni (Magma Metals Ltd., news release, February 23. 2012) Thunder Lake Au Resources Estimates for Au zones at deposit Active, (52 F/15SE) (both surface and underground): Rehab - Complete Indicated: 9.14 Mt @ 2.6 g/t Au Inferred: 15.9 Mt @ 1.7 g/t Au (Treasury Metals Inc., press release, November 9, 2011) Trout Bay Zinc Pit Zn, Cu, Pb, Ag, West Zone: 13 776 t @ 4.75% Zn, 0.68% Cu, 0.94 Inactive Zone Au opt Ag (52M/01SE) East Zone: 124 760 t @ 7.86% Zn, 1.5% Cu, 0.24% Pb, 1.7 opt Ag, 0.007 opt Au (MP 147 (Atkinson, Parker and Storey 1990), Preliminary Map P.567 (Riley 1969), MDIR) Uchi Mine Au 214 000 t of 0.147 opt Au Inactive (52N/02SE) (Energy Mines and Resources Canada (1989)) Umex–Dorothy Au 236 220 t @ 6.17 g/t Au Active Lake (OFR 5869, p.260; The Northern Miner, June 11, (52O/06NW) 1990, p.13) Vanguard Cu, Zn, Au, Ag East Vanguard: 100 000 t @ 1.8% Cu, 3.4% Zn, Inactive (52B/09NW) 0.22 opt Ag, 06 to 0.19 opt Au; West Vanguard: ~200,000 t @ 1.3% Cu, 1% to 2% Zn, 0.28 opt Ag (Allegheny Mines Corporation, news release, November 1997) Vanlas Prospect Au 100 000 t @ 0.20 opt Au Inactive (52F/10NW) (Kenora assessment file, Power Expl. Inc. AF 52F/10NW) Vegan – Newkirk Li 750 000 t @ 1.38% Li2O Inactive (42E/05SW) (The Northern Miner, March 22, 1956)
40 Identified Mineral Resources
Name/NTS Commodity Tonnage-Grade Status Werner Lake Cobalt Co, Cu Proven: 140 031 t @ 0.47% Co and 0.26% Cu Inactive (52L/07NW) Probable: 40 829 t @ 0.25% Co and 0.43% Cu Indicated: 51 456 t @ 0.13% Co and 0.20% Cu Inferred: 507 412 t @ 0.31% Co and 0.29% Cu (Puget Ventures Inc., press release, April 2, 2009) Willecho and Cu, Zn, Ag 759 448 t @ 4.42% Zn, 0.28% Cu, 1.47 opt Ag Inactive, Willroy (combined) Rehab - Complete (42F/04NW) (Wilroy Mines Ltd. Annual Report 1976) Wilmar Mine Au Diorite Dike zone: Active (52N/04SW) 140 000 t @ 0.21 opt Au East Breccia zone: 31 500 t @ 0.32 opt Au (Proven) 50 500 t @ 0.25 opt Au (Probable) 1 777 000 t @ 0.24 opt Au per (Possible) Carbonate zone: 25 000 t @0.17 opt Au (Probable) 7500 t @ 0.15 opt Au (Possible) Granodiorite zone: 5.7 Mt @ 0.10 to 0.15 opt Au (DDZ, EBZ, CZ and GZ; OFR 5558 (Durocher, Burchell and Andrews 1987)) West Granodiorite zone: 3.15 to 4.5 Mt @ 0.076 to 0.131 opt Au (Energy Mines and Resources Canada (1989)) Wisa Lake Li 330 000 t @ 1.15% Li2O (reference n/a) Inactive (52C/08NE) Woco Vein Au 21 263 t @ 0.80 opt Au Inactive (52N/02SE) (AF (Germundson 1995)) Young, H.G. Mines Au 270 000 t @ 0.31 opt Au Active Ltd. (OFR 5558 (Durocher, Burchell and Andrews (52N/04SW) 1987)) Zulapa Au 700 000 t @ 0.28 opt Au to 200 m Inactive (42M12/SW) (OFR 5926, p.208)
Disclaimer: It is not known if the tonnage-grade estimates noted above are in compliance with the reporting standards required by National Instrument 43-101 (unless otherwise stated).
41