Resource Summary and Technical Reports

Summary of Inferred Resources at Terra Project (Ben Vein)
 

Prospect
Class
Au Cutoff (g/t)
Tonnes >Cutoff
Au Grade (g/t)  >Cutoff
Ag Grade (g/t) >Cutoff
Contained Ounces Gold
Contained Ounces Silver
Ben Vein
Inferred
5.00
428,000
12.20
23.11
168,000
318,000
 

Summary of Indicated and Inferred Resources at North Bullfrog by Deposit


Prospect
Oxide State
Class
Au Cutoff (g/t)
Tonnes >Cutoff
Au Grade (g/t)  >Cutoff
Ag Grade (g/t) >Cutoff
Contained Ounces Gold
Contained Ounces Silver
Jolly Jane
Oxidized
Indicated
0.2
10,090,000
0.29
0.49
94,000
159,000
Mayflower
Oxidized
Indicated
0.2
5,140,000
0.54
0.34
88,577
56,187
Total Indicated
0.2
15,230,000
0.37
0.44
182,577
215,187


Prospect
Oxide State
Class
Au Cutoff (g/t)
Tonnes >Cutoff
Au Grade (g/t)  >Cutoff
Ag Grade (g/t) >Cutoff
Contained Ounces Gold
Contained Ounces Silver
Connection
Oxidized
Inferred
0.2
550,000
0.49
 
9,000
 
Jolly Jane
Oxidized
Inferred
0.2
15,900,000
0.25
0.38
129,000
194,000
Mayflower
Oxidized
Inferred
0.2
3,090,000
0.46
0.26
46,096
25,532
Sierra Blanca
Oxidized
Inferred
0.2
61,790,000
0.27
0.94
540,000
1,867,000
Sierra Blanca
Un-oxidized
Inferred
0.2
74,300,000
0.29
0.89
686,000
2,126,000
Total Inferred
0.2
155,630,000
0.28
0.84
1,410,096
4,212,532

* Resource Estimate for the Terra Project was calculated as at June 15, 2010 by Mr. G. Giroux of Giroux Consultants Ltd in the Report titled "Summary Report On The Terra Gold Project, McGrath District , Alaska ".  The resource table tabulates the resources to the limits of the 1.0 g/t Au shell or envelope around Ben's Vein.
  
The Resource Estimate for the North Bullfrog Project was calculated as of October 3, 2011 by Mr. G. Giroux of Giroux Consultants Ltd as well as by Mr. Roger C. Steininger of Steininger Consulting in the Report titled "Summary Report On The North Bullfrog Project and Resource at Mayflower, Bullfrog Mining District, Nye County , Nevada ".  The full technical report with the latest updated resource numbers will be available on SEDAR by November 11th, 2011.

Technical Reports
Chisna Project June 2010
Terra Project June 2010
LMS Project June 2010
North Bullfrog Project November 2011