Mineral Resource
Mr. Baldwin, P.Eng prepared an updated current Mineral Resource estimate for four mineral zones at Yellow Giant incorporating diamond drilling completed in 2011 and 2012. Mr. Baldwin modeled the significant mineralized zones at Yellow Giant and calculated the Mineral Resource for gold and silver using Minesight(r) 3D software for geological modeling and interpretation. Minesight(r) 3D is commercial and industry accepted geology software. A total of 375 holes containing 8740 gold assays, as well as silver and base metal assays, are included in the Yellow Giant drillhole database. The mineral resource is stated at a 6gpt Au cut-off grade. The current Mineral Resource is displayed in Table 1 and is effective as of February 1st 2013.
| Zone |
Measured |
Indicated |
Inferred |
| Tonnes |
Au Grade
(gpt) |
Ag Grade
(gpt) |
Tonnes |
Au Grade
(gpt) |
Ag Grade
(gpt) |
Tonnes |
Au Grade
(gpt) |
Ag Grade
(gpt) |
| Tel |
15,000 |
21.1 |
43 |
21,000 |
18.5 |
41 |
8,000 |
20.6 |
40 |
| Bob |
6,000 |
32.0 |
63 |
11,000 |
30.9 |
58 |
8,000 |
29.3 |
50 |
| Discovery |
10,000 |
22.1 |
36 |
15,000 |
22.8 |
36 |
6,000 |
30.8 |
36 |
| Kim |
|
|
|
|
|
|
59,000 |
8.7 |
22 |
| Total |
31,000 |
23.4 |
44 |
47,000 |
22.7 |
43 |
81,000 |
13.7 |
28 |
