Investor Presentaiton

Gold Production and Cost Profile Average annual gold production of 174,700 per year at an AISC of $681 per ounce O First five full years of production average 196,174 per year an AISC of $666 per ounce 10.5 year mine life producing a total of 1.8 million gold ounces 250 Annual Production (koz Au) 200 203 150 100 93 50 Note: Year 1 represents 6 monhts of production. 163 206 233 175 137 180 209 $1,000 $800 163 $600 $400 70 $200 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Gold Recovered Total Cash Cost AISC Operating Cost (USD/oz) TSXV:GMIN 27

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