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Candente Gold Corp. Candente Gold Corp. Peru Properties Peru Properties

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Page 1: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Candente Gold Corp.Candente Gold Corp.ppPeru PropertiesPeru Properties

Page 2: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Tres Marías - Peru• Hosted in the Puno gold-silver belt which includes:

• Aruntani Mine:3M A @ 1 5 t A- 3M oz Au @ 1.5 gpt Au

• Corani Deposit: - 327M oz of Ag, 3.97B lbs of Pb 2.46B lbs of Zn(Measured and Indicated) - 35M oz of Ag (inferred)

• Santa Ana Deposit:- 29.8M oz of Ag, 134.5M lbs Pb, 245.8M lbs Zn (Indicated)

- 61.0M oz of Ag, 241.7M lbs Pb, 455.6M lbs Pb61.0M oz of Ag, 241.7M lbs Pb, 455.6M lbs Pb (Inferred)

Tres Marias Gold and Silver ZonesTres Marias Gold and Silver Zones

• Gold-Silver Pataqueña low sulphidation vein system andalteration zone over 1.0 km by 2.5 km

• The Sorachata high sulphidation alteration zone –0.7 km by 1.2 km

• The San Francisco high sulphidation alteration zone –0.5 km by 2.0 km

Page 3: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Tres Marías

Gold-Silver Pataqueña low sulphidation vein system and alteration zone

- Rock chip sampling of Pataqueña vein: 1.0 m @ 378.0 gpt Ag (11.03 opt Ag)0.4 m @ 503.0 gpt Ag (14.67 opt Ag)0 1 m @ 476 0 gpt Ag (16 79 opt Ag)0.1 m @ 476.0 gpt Ag (16.79 opt Ag)0.5 m @ 283.0 gpt Ag ( 8.25 opt Ag)0.2 m @ 815.0 gpt Ag (23.80 opt Ag)

A l 1 0 k b 2 5 k- Anomalous area over 1.0 km by 2.5 km

- Gold anomaly in soils up to 1.1 gpt Au over area 500 m by 700 m

- Rock sample assays from mine dumps535.0 to 2334.17 gpt Ag(15.6 – 68.08 opt Ag)

Page 4: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Tres Marías• Located in the Puno District in Southern

PeruPeru

• 16 claims covering 9,400 ha

• Elevations from 4,300 to 4,450 m

• Road accessible, 35 km south of Punoand 75 km south-west of Juliaca airportand 75 km south-west of Juliaca airport

Recommended Work

• Drill targets identified along Pataqueña vein system

• Perform detailed mapping, rock and soil sampling on Sorachata and San Francisco zones and identify drill targetsidentify drill targets

Page 5: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Fredito

• Located in the same volcanic belt as:• Located in the same volcanic belt as:

– La Rescatada mine1M oz @ 0.9 to 1.5gpt Au

B l i– Berenguela mine14MT @ 1.32% Cu, 130gpt Ag

• High sulphidation Ag-Au zone:

– Extends over 1100m by 2000m– Silica-alunite alteration associated within domes, breccias– Coincident magnetic low and IP chargeability high geophysical anomaly in silica and silica-alunite

alteration zone– Rock chip sampling:

3.0 m @ 0.11 gpt Au & 373.24 gpt Ag (10.88 opt)2.0 m @ 284.91 gpt Ag (8.31 opt) & 1.21% Cu0.6 m @ 1.14 gpt Au & 99.84 gpt Ag1.0 m @ 0.57 gpt Au & 4.6 gpt Ag

• Low sulphidation Au-Ag-Pb - Fredito vein:

– Traced for 1 740mTraced for 1,740m

– Historical underground workings

– Fredito vein: 2.0m @ 0.2 gpt Au, 325.03 gpt Ag (9.48 opt Ag), 0.32% Cu & 0.13% Pb

Page 6: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Fredito

• Located in southern Peru in Department of Puno

• Elevations from 4,300 to 4,600 m

• 5 claims covering 2,500 ha

• Road accessible from Puno

• Recommended work:

– Fredito South: diamond drill test with 3 holes high sulphidation gold targetholes high sulphidation gold target, including silica-alunite alteration and ground magnetic low and IP high chargeability anomalies

– Fredito North: field evaluation of 1.1 km by 2 km gold anomaly in rocks

Page 7: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Oro Queropalca - Peru

• Located in the central mineral Belt of Peru

• Quartzite hosted vein and stockwork:– Potential for Bulk Tonnage gold

Two gold-silver mineralized zones

– Queropalca zone - vein mineralization over 1.5km by 4.0km1 0 m @ 10 00 gpt Au & 62 20 gpt Ag1.0 m @ 10.00 gpt Au & 62.20 gpt Ag1.8 m @ 8.30 gpt Au & >1500.0 gpt (>43.75 opt Ag)4.0 m @ 0.73 gpt Au, 256.89 gpt Ag (7.49 opt Ag) & 0.28% Pb5.0 m @ 0.43 gpt Au, 249.16 gpt Ag (7.29 opt Ag)4 0 m @ 1 10 gpt Au 286 12 gpt Ag (8 34 opt Ag) & 0 35% Pb4.0 m @ 1.10 gpt Au, 286.12 gpt Ag (8.34 opt Ag) & 0.35% Pb1.2 m @ 6.70 gpt Au, 519.40 gpt Ag (15.15 opt Ag)2.5 m @ 0.94 gpt Au, 551.80 gpt Ag (16.09 opt Ag)

– Congona zone - manto and minor quartz veins over 0.5km by 0.5km.Congona zone manto and minor quartz veins over 0.5km by 0.5km.1.2 m @ 0.90 gpt Au & 100.0 gpt Ag1.6 m @ 0.29 gpt Au & 61.6gpt Ag3.6 m @ 7.40 gpt Au & 392.4 gpt Ag (11.44 opt Ag)

Page 8: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Oro Queropalca

Page 9: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Oro Queropalca

• Located in central Peru in theDepartment of Huanuco

• Elevations from 3,850 to 4,650 mElevations from 3,850 to 4,650 m

• 2 claims covering 1,700 ha

• Road accessible from Huanuco

Recommended work:

• Road accessible from Huanuco

– Mapping, rock chip and soil sampling to identify geochemical anomaliesanomalies

– Ground magnetic and InducedPolarization (IP) surveys.

– Develop targets for drill testing

Page 10: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Las Brujas

• Located between:Located between:

– La Zanja high sulphidation gold deposit:500,000 ounces of Au @ 0.9gpt, 3.8M ounces of Ag3.8M ounces of Ag

– Tantahuatay porphyry deposit:24 MT @ 0.84gpt Au & 8.9gpt Ag (in oxide zone) 250MT @ 0.31gpt Au (in sulphide zone)

• Under explored

• Geochemical signature typical of the upper• Geochemical signature typical of the upper part of a bulk tonnage style high sulphidation epithermal precious metal system

• Gold mineralization in rocks and soils extends over 1.0 km by 1.2 km

• Rock chip samples up to 10.0 m @ 1.57 gpt Au, 9.8 gpt Ag

Page 11: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Picota - Las Brujas

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Page 12: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Las Brujas• Located in northern Peru in the Department

of Cajamarcaof Cajamarca

• Elevations from 2,600 to 3,000 m

• One claims covering 1 000 haOne claims covering 1,000 ha

• Road accessible from Cajamarca

• Recommended work:

– Detailed geological mapping, silt and rock geochemical samplinggeochemical sampling

– Ground magnetic and induced polarization (IP) geophysical surveys

– Drill test geochemical and geophysical targets of significance

Page 13: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Picota• Adjacent to the La Zanja high sulphidation gold deposit:

500,000 ounces of Au @ 0.9gpt, 3.8M ounces of Ag

• Located 12km from the Tantahuatay porphyry deposit:24MT @ 0.84 gpt Au & 8.9gpt Ag (in oxide zone) &

250MT @ 0.31 gpt Au (in sulphide zone)

• Extensive argillic, advanced argillic, and quartz-sericite alteration covering 3 x 6 km.

• Five Main Mineralized Zones:Five Main Mineralized Zones:– Madeleine zone (0.4km by 0.5km)

2.50 m @ 2.6 gpt Au1.80 m @ 2.5 gpt Au & 2.6 gpt Ag0.85 m @ 1.85 gpt Au & 56.0 gpt Ag0 85 @ 85 gpt u & 56 0 gpt g2.0x3.0m @ 0.81 gpt Au & 85.8 gpt Ag

– Consuelo zone (0.5km by 0.5 km)4.0m @ 0.6 gpt Au & 2.0 gpt Ag0.8x0.5m @ 0.3 gpt Au & 17.0 gpt Ag@ gp gp g

– Gloria zone (0.5km by 1.0km)1.5m @ 0.33 gpt Au & 80.9 gpt Ag1.5m @ 0.26 gpt Au & 130.6 g pt Ag & 0.23% Pb0.8m @ 1.10 gpt Au@ gp

– Brujitas and Cerro Las Cruces zones with strong geochemical signature indicative of the upper part of an epithermal system.

Page 14: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Picota

• Located in northern Peru in the Department of Cajamarca

• Elevations from 2,200 to 3,250 m

• 5 claims covering 3,782 ha

• Road accessible from Cajamarca town

• Property is under explored

Recommended work

– Soil and rock geochemical sampling and ground magnetic and induced polarization (IP) geophysical surveysgeophysical surveys

– Drill test geochemical and geophysical targets of significance

Page 15: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Lunahuana - Peru

• Lunahuana lies within the coastal intrusive belt which hosts IOCG and VMS deposits and mines

R l d C d t bl (28 k t)• Raul and Condestable (28 km west)20MT @ 0.5 gpt Au and 1.5% Cu

• Cerro Lindo (58 km southeast)50MT @ 4.5% Zn, 0.9% Cu, and 31.8 gpt AgM j t• Marcona project5.8 B lb Cu (2007 resource estimate)

• Examples of economically important IOCG deposits include:

• Olympic Dam and Ernest Henry in Australia• Salobo and Sossego in Brazil• Candelaria, Mantos Blancos, Manto Verde and El Soldado in Chile

Page 16: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Lunahuana

Five main gold and gold-copper mineralized zones:

• Blanquitos zone (0.1 km by 0.3 km)1.50 m @ 0.86 gpt Au & 4.37%5 00 m by 10 0m @ 6 0 gpt Au5.00 m by 10.0m @ 6.0 gpt Au

• Santa Rosa zone (0.3 km by 1.0 km)Trenches:-T0 99 m @ 0.37% Cu incl 17 m @ 1.37% CuT0 99 m @ 0.37% Cu incl 17 m @ 1.37% Cu-T1 223 m @ 0.35% Cu incl 60 m @ 0.72% Cu-T1.5 80 m @ 0.95% Cu incl 29 m @ 1.29% Cu

Historic sampling did not assay for gold but recent grab samples from trenches contain up to 3 gpt gold

• Los Negritos zone (over 1.5 km long) 2.0 m @ 1.6gpt Au & >1.0% Cu

• Vicky zone covering (over 800 m long)0.6 m @ 104.53 gpt Au & 0.92% Cu

• Cata zone (two zones over 500 m long)- 3.4 m @ 1.52gpt Au & 3.21% Cu

Page 17: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Lunahuana• Located in central Peru in the Department of Lima• Elevations from 500 to 2 700 mElevations from 500 to 2,700 m

• 12 claims covering 5,400 ha

• Road accessible, 160 km from Lima

• Numerous mineralized showings on surface

• Several mines within close proximity

• Local informal miners producing gold and copper from high grade narrow veins

• The Santa Rosa and Blanquitos zones ready to drill

• The Negritos, Vicky, and Cata zones need additional work prior to drilling

• Two IP chargeability anomalies indicate additional targets for buried mineralization

Recommended work• Drilling at Santa Rosa and Blanquitos• Additional mapping rock and soil geochemical sampling to define drill targets at• Additional mapping, rock and soil geochemical sampling to define drill targets at

Negritos, Vicky, and Cata zones• Drill IP anomalies

Page 18: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Alto Dorado•Located in Northern Peru in the Department of pLa Libertad

•21 claims covering 9,400ha

•Elevations from 4,050m and 4, 375m

•Road accessible, 40 km south of the town of Santiago de Chuco g

Located in the prolific Northern Peru gold-copper Tertiary-age volcanic belt which hosts some of the most high sulphidation and porphyry deposits and mines:

• Pierina• Alto Chicama• Yanacocha• Michiquillay• La Granja• Cañariaco

Page 19: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Alto DoradoAlto Dorado• Alteration Zone with anomalous levels of gold, silver, copper and molybdenum over 2.5 km by 9 km

• IP Chargeability and TDEM resistively anomalies have not been drill tested

• Two porphyry gold - copper zones and two high sulphidation gold zones

• Exploration to date includes geophysics and drilling - total of 15 diamond and 13 reverse circulation drill holes

• Chalcopyrite and chalcocite, lesser molybdenum as disseminations in quartzChalcopyrite and chalcocite, lesser molybdenum as disseminations in quartz stockwork over much of the drill holes

• Ana zone: Resistivity high anomaly open to the north and never drill tested, presence of native sulphur enargite massive to vuggy silica and alunitepresence of native sulphur, enargite, massive to vuggy silica and alunite

• Ana-Olla North zone: Rock sample geochemistry from 0.2 to 1.2gpt Au and 0.1 to 1.3% Cu

• Olla South zone: 300m by 500m stockwork zone with up to 15.25gpt Au and 117gpt Ag

• Drilling required to test several porphyry and high sulphidation gold and copper targets

Page 20: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Alto Dorado

Drill Hole From [m] To [m] Width (m) % Cu gpt AuH-98-01 13.5 99 85.5 0.19 0.31

H-98-08 0 175 175 0.08 0.13H-98-09 0 36 36 0.55

AD-04-008 29 189 160 0.17 0.22Includes 73 85 91 9 18 0 30 0 60Includes 73.85 91.9 18 0.30 0.60

AD-06-010 0 463 463 0.15 0.03Includes 306 342 36 0.33 0.02

AD-06-011 310 325 15 1.08 0.01AD-06-011 353 363.5 10.5 0.29 0.01AD-06-014 208 227 19 0.32 0.01

Page 21: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

El Tigre

D ill i di t d ld i li ti h t d i t• Drill indicated gold mineralization hosted in twobreccias each over 700 m in diameter

• Gold anomaly in soil and rock over 1.0 km by 2 0 km2.0 km

• Two gold target zones:

– Torre zone drill intersections:TT 7 51 00 m @ 0 58 gpt AuTT-7 51.00 m @ 0.58 gpt Au Including 39.00 m @ 0.73 gpt Au and

1.50 m @ 9.27 gpt AuTT-12 25.50 m @ 0.75 gpt Au

– Sorpresa zone drill intersections: TS-8 54.00 m @ 0.59 gpt AuTS-9 15.00 m @ 0.72 gpt AuTS 11 12 00 m @ 0 97 gpt Au & 18m @ 0 17 gpt AuTS-11 12.00 m @ 0.97 gpt Au & 18m @ 0.17 gpt AuTS-22-98 102.70 m @ 0.23 gpt AuTS-24-98 64.15 m @ 0.30 gpt Au

Page 22: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

El Tigre

• Located in northern Peru in the• Located in northern Peru in the Department of Lambayeque

• Elevations from 150 to 550 m

• 2 claims covering 900 ha

• Road accessible from Chiclayo

Recommended work

D ill t t t i f th i ifi t A

y

– Drill test extensions of the significant Au veins and breccias intersected in holes

TT-7 and TT-12 and the associated resistivity high and chargeability low IP

h i l l i th Tgeophysical anomaly in the Torre zone

Page 23: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Las Sorpresas

Adjacent to the southern border of the Yanacocha gold mines which haveproduced 25M oz Au to date and have reserves of 34M oz Au

• Under explored

• Silt samples from the central part of the property – up to 300 ppb Au

• Geochemical soil and rock sampling defined 1.5 x 3.2 km zone anomalous in mercury which is an indicator for gold at Yanacocha

• Similar structural and alteration pattern to the Yanacocha mine area

Page 24: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Las Sorpresas, Picota andL B jLas Brujas

Page 25: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

Exploration Programs Peru

Phase ITres Marias and Lunahuana and Las BrujasTres Marias and Lunahuana and Las Brujas

Ready to be drilled and more work expected to define more drill targets

Oro Queropalca, Picota, Las Sorpresas projectsMapping, geochemical sampling and geophysical surveys to delineate drill targets

Phase IIPhase IIDrilling of projects depending on funding and results from Phase I

Page 26: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

An extensive portfolio of properties in P d M iPeru and Mexico

Page 27: Candente Gold Corp. · PDF fileTres Marías - Peru • Hosted in the Puno gold-silver belt which includes: • Aruntani Mine: - 3M A @ 1 5 t A3M oz Au @ 1.5 gpt Au • Corani Deposit:

DisclaimerThese materials have been prepared by Candente Gold Corp. (“Company”). • These materials are for information purposes only and do not constitute a prospectus, offering memorandum or offering circular or an offer to sell any securities and are not intended to provide the basis for any credit or any third party evaluation of any securities or any offering of them and should not be considered as a recommendation that any investor should subscribe for or purchase any securities. • The information contained herein is preliminary as of the date hereof, supersedes any previous such information delivered to you and will be superseded by any such information subsequently delivered. Any investor who subsequently acquires any securities must rely solely on any final documentation published in connection with such securities, on the basis of which alone purchases of or subscription for any securities may be made. In addition, investors should pay particular attention to any sections of any such final documentation referring to or describing any risk factors. • The information contained herein is subject to change without notice and past performance is not indicative of future results. The Company is under no obligation to update or keep current the information contained herein.• No person shall have any right of action (except in case of fraud) against the Company or any other person in relation to the accuracy or

l t f th i f ti t i d h icompleteness of the information contained herein.• The merits or suitability of any securities to any investor's particular situation should be independently determined by such investor. Any such determination should involve inter alia, an assessment of the legal, tax, accounting, regulatory, financial, credit and other related aspects of any securities.• No person is authorized to give any information or to make any representation not contained in and not consistent with these materials and if given or made such information or representation must not be relied upon as having been authorized by or on behalf of the Companyand, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of the Company.• These materials are not intended for distribution to, or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. In particular, these materials are not intended for distribution, except (i) to accredited investors as defined under applicable Canadian securities laws, (ii) within the United States to persons that are qualified institutional buyers under Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act") and (iii) outside the United States to persons that are not U.S. persons (as defined in Regulation S under the Securities Act) in offshore transactions in compliance with Regulation S persons (as defined in Regulation S under the Securities Act) in offshore transactions in compliance with Regulation S. • These materials contain, or may be deemed to contain, "forward-looking statements" (as defined under applicable Canadian securities laws and in the U.S. Private Securities Litigation Reform Act of 1995). By their nature, forward- looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The future results of the Company may vary from the results expressed in, or implied by, the following forward looking statements, possibly to a material degree. Any investment in securities is subject to various risks such risks should be carefully considered by prospective investors before they make any investment in securities is subject to various risks, such risks should be carefully considered by prospective investors before they make any

investment decisions.