Curraghinalt Mineral Resources (as at January 20, 2014)

Resource Category (Cut-off Grade of 5.0 g/t)

Million Tonnes

Grade (g/t Au)

Contained Gold (ounces)

Measured 0.02 20.15 15,100

Indicated 2.98 10.34 989,000

Measured + Indicated 3.00 10.41 1,004,100

Inferred 8.01 9.67 2,487,700

1) Resource Estimate prepared by T. Maunula & Associates Consulting Inc. with an effective date of January 20th, 2014.

2) Mineral Resources which are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, marketing, or other relevant issues. The Mineral Resources in this news release were estimated using the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council.

3) Contained metal figures and totals may differ due to rounding of figures.

4) The resource is reported at a cut-off grade of 5.00 g/t gold, consistent with the 2012 PEA and the 2011 resource.

5) Block grades were interpolated using Inverse Distance Weighting with a Power of 3 (IDW3) in Minesight software.