Operations

Reserves and Resources

2009 YEAR END MINERAL RESERVES AND RESOURCE ESTIMATES
Resource Classification Tonnes Grade Contained Gold
(g/t) (oz)
Kiena
Proven 188,000 3.5 21,000
Probable 412,000 4.3 57,000
Total 2P Reserves 600,000 4.1 78,000
Measured 409,000 3.6 47,000
Indicated 802,000 3.4 88,000
Total M+I Resources 1,211,000 3.5 135,000
Eagle River
Proven 87,000 11.0 31,000
Probable 313,000 7.9 79,000
Total 2P Reserves 400,000 8.6 110,000
Measured - - -
Indicated - - -
Total M+I Resources - - -
Wesdome Project
  Indicated 276,000 7.7 68,000
Mishi (July 2010)
  Measured 280,900 2.5 22,000
  Indicated 5,455,300 2.4 416,000
Total M+I Resources 5,736,200 2.4 438,000
Total 2P, M&I Ounces     829,000
Eagle River
  Inferred 236,000 7.2 55,000
Wesdome Project
  Inferred 1,563,000 7.9 400,000
Mishi (July 2010)
  Inferred 1,201,700 3.6 140,000
Total Inferred Ounces     595,000