Gold Exploration - Red Lake, Ontario, Canada

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Red Lake Gold Mining District, Ontario

Report of Activities, 2015

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The Red Lake gold camp is situated in the Red Lake greenstone belt of Ontario, an accumulation of Archean-age metavolcanic, metasedimentary and intrusive rocks comprising a portion of the Uchi Sub-province of the Superior Province of the Canadian Shield. Gold was first discovered in the Red Lake area in the mid 1920s and by the mid 1930s several producing gold mines were in operation. The belt is recognized for its high-grade, highly profitable gold mines, which include the world class Campbell mine of Placer Dome and Red Lake mine of Goldcorp.

The Red Lake District is made up of six communities: Red Lake, Balmertown, Cochenour, McKenzie Island, Madsen and Starratt Olsen. Past production and current reserves in the Red Lake district total approximately 23 million ounces of gold and continues to rise.

The Red Lake greenstone belt is one of the most prolific gold camps in Canada, with gold production from three principle deposits: Campbell-Red Lake (>13 million oz.), Cochenor-Willans (1.2 million oz.) and the Madsen (2.4 million oz.)mines.

The two major producers, Campbell and Dickenson (Red Lake) mines have produced a total or 14 million troy ounces of gold since going into production in 1948.

A total of over 19 million ounces of gold have been produced from 13 mines. Gold production has been continuous since 1930 when the Howey Gold Mine entered production. Current gold production is around 700,000 ounces per year from the Campbell mine of Placer Dome and the Dickenson (Red Lake) mine of Goldcorp.

The Red Lake Mine has a reserve of 4.3 million ounces of gold with an average grade of 1.34 ounces of gold per ton (45.94 g/t), including the recently discovered High-Grade Zone of 3.8 million ounces of gold with an average grade of 2.05 ounces of gold per ton (70.27 g/t). Combined, the Campbell-Red Lake ore bodies contain 22 million ounces at an average grade of 0.66 oz/ton (22.62 g/t) Au (past production and reserves). Accordingly, there is demonstrable economic rationale for exploring within the Red Lake camp for similar deposits.

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Disclaimer:
The information herein may contains forward looking statements based on assumptions and judgments of the management of the above the mentioned companies regarding events or results that may prove to be inaccurate as a result of exploration or other risk factors beyond its control. Actual results may differ materially from the expected results. All statements herein, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the above mentioned companies expects are forward-looking statements. Such forward-looking statements are not guarantees of future performance, and are based on numerous assumptions about future conditions that could change. The material contained herein is for information purposes only and is not and is under no circumstances intended to constitute an offer to sell or a solicitation to buy any securities or a recommendation as to the purchase of any securities. The information contained herein has been obtained from the above featured company as well as the other publicly available sources and is believed to be accurate. Although reasonable efforts have been made to compile this data with care, neither Investcom, its employees, officers or directors guarantees the accuracy or completeness thereof, nor shall any of them be liable to the user or to any other person, firm or corporation whatsoever for any inaccuracies, errors or omissions contained herein nor for any damages arising therefrom or occasioned thereby. Investcom is not an investment advisor, readers are highly recommended to consult his Financial Advisors before making any investments related to any specific companies mentioned in Investcom's web site. The use of this presentation is limited to the recipient. Review of this profile by any other party is expressly not authorized. The user is expressly not authorized to duplicate this report or make all or a portion of this report available to third parties in any manner or form without the prior written consent of Investcom. Investcom may have been paid a fee by the above mentioned companies and the above mentioned companies may have contributed to printing and other related expenses. In addition, Investcom, its directors, officers or employees may have a long or short position in the securities of the above mentioned companies.