Measured

Average Au &
Symbol Name MktCap/Oz Grade In Situ Au Ore Value per Ton Proved Indicated Inferred
LODE Comstock Mining $176.40 0.977 g/t 1.5 M oz $162.00 0% 70% 30%

AMG AM Gold Inc. $18.78 0.587 g/t 930.00 K oz $51.86 0% 52% 48%
Chesapeake Gold
CKG Corp. $13.14 0.575 g/t 19.80 M oz $40.4 0% 88% 12%
Detour Gold
DGC Corporation $91.01 0.766 g/t 27.49 M oz $32.99 0% 79% 21%
Esperanza Silver
EPZ Corporation $93.21 0.86 g/t 1.08 M oz $42.1 0% 61% 39%
Golden Queen
GQM Mining Co. Ltd. $67.18 0.682 g/t 2.70 M oz $38.74 0% 80% 20%
International
Tower Hill Mines
ITH Ltd. $31.33 0.604 g/t 19.78 M oz $26.02 0% 80% 20%
Kiska Metals
KSK Corporation $15.17 0.662 g/t 3.61 M oz $49.34 0% 21% 79%
Northern Dynasty
NDM Minerals Ltd. $5.09 0.324 g/t 47.17 M oz $52.23 0% 64% 36%
NGEx Resources
NGQ Inc. $12.17 0.241 g/t 3.14 M oz $35.04 0% 65% 35%
Paramount Gold
PZG and Silver Corp. $34.72 0.45 g/t 4.25 M oz $31.85 0% 22% 78%
Rio Alto Mining
RIO Limited $15.04 0.293 g/t 4.63 M oz $36.05 0% 61% 39%
Rye Patch Gold
RPM Corp. $9.03 0.466 g/t 3.03 M oz $24.77 0% 30% 70%
Seabridge Gold
SEA Inc. $11.6 0.664 g/t 63.35 M oz $43.95 0% 72% 28%
Spanish Mountain
SPA Gold Ltd. $36.78 0.785 g/t 2.87 M oz $33.8 0% 90% 10%
Trade Winds
TWD Ventures Inc. $13.75 0.988 g/t 2.13 M oz $42.55 0% 49% 51%
Typhoon
TYP Exploration Inc. $295.95 0.704 g/t 150.00 K oz $30.33 0% 1% 99%
Exeter Resource
XRC Corp. $10.82 0.514 g/t 24.33 M oz $41.22 0% 51% 49%

Average $45.57 $38.43

NovaGold
NG Resources Inc. $46.98 0.779 g/t 29.51 M oz $70.5 24% 49% 27%
 Measured
Average Au &
Symbol Name MktCap/Oz Grade In Situ Au Ore Value per Ton Proved Indicated Inferred
ORA Aura Minerals Inc. $154.17 0.414 g/t 7.58 M oz $38.37 10% 75% 15%
Osisko Mining
OSK Corporation $289.43 0.973 g/t 18.26 M oz $41.91 35% 20% 45%
SilverCrest Mines
SVL Inc. $48.24 0.964 g/t 690.00 K oz $113.06 29% 38% 33%

Average $134.71 65.96

YRI* Yamana Gold Inc. $69.29 0.429 g/t 40.91 M oz $53.15 50% 22% 28%
Coeur d'Alene
CDM* Mines Corporation $114.33 0.894 g/t 5.25 M oz $70.69 53% 31% 16%
Capital Gold
CGC* Corporation $138.06 0.705 g/t 1.87 M oz $33.68 72% 19% 9%
G* Goldcorp Inc. $167.99 0.822 g/t 98.35 M oz $62.19 50% 37% 13%
Kinross Gold
K* Corporation $211.8 0.751 g/t 89.94 M oz $35.35 52% 29% 20%
NGD* New Gold Inc. $97.32 0.505 g/t 17.84 M oz $40.56 0% 73% 27%
Silver Standard
SSO* Resources Inc. $20.19 0.547 g/t 42.85 M oz $44.08 8% 57% 35%

Average $117.00 $48.53