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
Tonnes
>Cutoff
Au
Grade
(g/t) 
>Cutoff
Ag
Grade
(g/t)
>Cutoff
Contained
Ounces
Gold
Contained
Ounces
Silver
Jolly Jane
Oxidized
Indicated
14,400,000
0.244
0.450
113,000
208,000
Mayflower
Oxidized
Indicated
12,650,000
0.330
0.310
113,810
126,100
 
Total Indicated
27,050,000
0.284
0.384
246,810
344,100

 

Prospect
Oxide
State
Class
Tonnes
>Cutoff
Au
Grade
(g/t) 
>Cutoff
Ag
Grade
(g/t)
>Cutoff
Contained
Ounces
Gold
Contained
Ounces
Silver
Connection
Oxidized
Inferred
1,080,000
0.32
 
11,000
 
Jolly Jane
Oxidized
Inferred
31,650,000
0.198
0.390
201,000
397,000
Mayflower
Oxidized
Inferred
3,280,000
0.14
0.250
14,870
26,360
Sierra Blanca
Oxidized
Inferred
198,460,000
0.182
0.860
1,161,000
5,487,000
 
Total oxidized Inferred
234,470,000
0.184
0.784
1,387,870
5,910,360
Sierra Blanca
Un-oxidized
Inferred
228,110,000
0.19
0.83
1,386,000
6,087,000

* 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 Dec 6, 2012 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 January 22, 2013.


Technical Reports
North Bullfrog Project December 2012
North Bullfrog Project May 2012

North Bullfrog Project November 2011
Chisna Project June 2010

Terra Project June 2010
LMS Project June 2010