The underground diamond drilling program, commenced in March 2012, was reviewed in the 4th quarter of 2012 and will
be extended into 2013. To date, the drilling has been only selectively sampled and these results were used to provide an
updated NI 43-101 Technical Report, effective October 1, 2012. However, the Company plans to more extensively sample
the existing drill core to ensure that lower-grade mineralization envelopes will also be defined and subsequently an updated
NI 43-101 Technical Report is anticipated to be prepared in 2013. Initially, the Company considered that all available and
necessary information would be available to prepare an updated Technical Report in the first half of 2013, however,
uncertainties regarding the time it will take to undertake the more extensive drill core sampling and finalization of the
drilling program may delay this report until later in 2013.