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Sangihe Project

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NI 43-101 Resource � Sangihe

NI 43-101 Compliant Mineral Resource Estimate for Binebase and Bawone Projects,Sangihe Island Caracle Creek International Consulting Inc. (Toronto) 2010

Cut-off
(Au g/t)

Ore
(�000t)

Gold
(g/t)

Silver
(g/t)

Gold
(�000 oz)

Silver
(�000 oz)

Gold Eq.
(�000oz)

Binebase Inferred Resource Estimate

Oxide

0.25

7,851

1.10

25.13

277.7

6,343

404.5

Sulphide

0.25

10,002

0.49

13.60

157.6

4,373

245.0

Total

0.25

17,853

0.76

18.67

435.2

10,717

649.6

Bawone Inferred Resource Estimate

Oxide

0.25

3,475

1.66

9.16

185.5

1,023

205.9

Sulphide

0.25

5,999

1.12

0.97

216.0

187

219.8

Total

0.25

9,474

1.32

3.97

401.5

1,210

425.6

Project Total

836.7

11,927

1,075.2