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By J. S. Fox

"Pyroclastic rocks are useful guides to volcanic centers due to the tendency of their fragments to increase in size and volume toward the source vent. The felsic rocks of these centers can be the prime hosts of base metal deposits in the Precambrian Shield; their sub-volcanic equivalents are often the focus of porphyry copper mineralization in the Cordillera. Quantitative mapping of pyroclastic rocks has not yet developed into a routine prospecting tool in Canada, however, possibly due to the cumbersome nature of existing manual techniques and their limitation to structurally simple terrains.A rapid pyroclastic mapping method has been developed whereby the field geologist acquires only a down-plunge outcrop photograph, a record of the fragmental deformation ellipsoid and a record of some descriptive features from each station. Mean fragment size and volume percent are obtained later in the laboratory from a photo-enlargement: by means of a digital analyzer. A computer program uses the strain parameters to 'undeform' the field measurements and obtains genetic information from the descriptive data. Results can be superimposed on a geologic map, with values for each station being represented by a dot of a specified diameter corresponding to the size or volume percentile range to which the value belongs.Control traverses were run over the pyroclastic rocks surrounding the Anderson Lake mine and the Flin Flon South main shaft in northern Manitoba. In both locations, the mapping has delineated regular increasing trends in mean size and volume per cent toward the head frame."

Jan 1, 1977

By K. Maruyama, T. Nagasaka, R. d. Chairaksa-Fujimoto, T. Miki

Electric arc furnace dust or EAF dust is considered as a hazardous waste but contains a significant amount of economically attractive non-ferrous metals especially zinc as zinc ferrite (ZnFe2O4) and zincite (ZnO). The hydrometallurgical process is one alternative choice because it has the advantage of low energy consumption. The leaching of ZnO from the dust is very easy. However, the complex major zinc compound in EAF dust is ZnFe2O4, which is very stable and insoluble in alkaline or acidic media under delicate conditions, and causes the low zinc recovery yield by hydrometallurgical process. Moreover, halogens and heavy metals in the dust are also problematic. In order to develop a new effective EAF dust treatment process, the authors have proposed "CaO addition process" as pre-dust treatment to transform all of ZnFe2O4 in the EAF dust to ZnO and Ca2Fe2O5. In this study, the selective zinc leaching from the CaO treated EAF dust with NaOH and NH4Cl solutions was carried out. The effect of temperature, reaction time and solute concentration were systematically investigated. All of zinc in CaO treated EAF dust was successfully leached into both solutions.

Jan 1, 2014

By Tony B. Szwilski

"The efficiency of operation and life of an advancing longwall coalface depends, to a great extent. on the face-end roof strata conditions and the stability of the gateroads. The factors that influence the rate of closure of gateroads are examined, in particular the gateside pack and the coal rib (crush) pillars. The performance of mechanized packing systems is briefly discussed. Gateroad deformation surveys were carried out at two coal mines to determine the influence of the rib pillar width on gateroad stability; also, the influence of the gateside pack on the immediate roof and floor strata is analyzed based on strata bed displacement measurements from instruments installed in the gateroad and pack-hole of a longwall advancing face operating in a thick seam (7.55 m). Concluding, an evaluation of the fac e-end systems examined is given and recommendations made f or the most suitable rib pillar width. face-end geometry and roof strata reinforcement.IntroductionKevword s: Coal mining, Pillars, Rib pillars, Ground control, Longwall mining, Gateroads , Packing systems, Roof control. The face-end region of a longwall advancing face is the center of mining activity, being the turn-around point for the coal cutting machine. and the place of gateroad formation and movement of special face-end supports. The design of face-end layouts can be aided by knowledge of strata control parameters, such as the effective loading of the immediate roof strata , convergence of the roof and floor, magnitude and distribution of fractures in the roof strata around the face-end , optimum placement of supports, coal seam thickness and strength characteristics, geometry of layout and interaction from neighbouring workings. Generally, the gateroad is formed by one of three face-end methods: (a) advanced headings, (b) in-line system (gateroad formed at the face) or (c) conventional ripping with or without stable elimination (also halfheading). The quality of gateroad is influenced principally by the face-end system employed, standard of gateside pack and width of pillar. A good standard of gateroad is generally achieved by employing the half-heading face-end system, the gateside pack and coal rib pillar having comparative support/ yield (stiffness factor) characteristics. However, the halfheading is often not favoured due to face operation restrictions."

Jan 1, 1981

By Paul Hammond

Abstract The Allard Lake ilmenite deposits, which are currently being developed on a large scale, occur as a series of dykes or lenticular, flat-lying bodies within the northeastern part of a large, oval shaped anorthosire mass of Precarnbrian age which lies with its long axis paralleling the gulf of St. Lawrence. The Lac Tio deposit, discovered by Kennco Explorations, Limited, in 1946, is the largest body of titanium ore of its type now known in the world. It contains upwards of 112,000,000 short tons of ilmenite ore averaging 32 per cent TiO2 and 36 per cent Fe. The ore is an aggregate of ilmenite with oriented microscopic blades of hematite. The deposits appear to be high temperature, late magmatic injections containing only a small amount of volatiles, and bear a genetic relationship to the anorthosite rocks in which they occur. * * * Introduction Recent developments on the ilmenite deposits in the Allard Lake district of Quebec indicate the probability of a major industry, and one which may make Canada the world's greatest producer of titanium pigments and, ultimately, of titanium metal. The presence of ilmenite in this district was first reported by the Quebec Department of Mines following a reconnaissance shore-line geological survey in the year 1941. The ensuing report by Retty describes the occurrence of a number of small ilmenite lenses about the shore of Allard lake and' along two smaller lakes in the vicinity. These showings were later staked by Toronto and Montreal interests who carried out a certain amount of development work, and were described in more detail by Longley for the Quebec Department of Mines. The claim groups were later optioned by Kennco Explorations, Limited, Canadian subsidiary of Kennecott Copper. None of the deposits in themselves constituted a sufficiently large body of ore to warrant the major construction expenditures necessary for their exploitation on a profitable basis. The surrounding anorthosite areas, however, were considered favourable for the possible occurrence of other ilmenite deposits

Jan 1, 1949

By J. Gillies

"Those of you who were at last years C.M.P. meeting are aware there was discussion at that meeting concerning the best method of assisting the assayers of metal mines to exchange new ideas and methods of assaying. The opportunity to advise you of what came of that discussion is very much appreciated.There are several societies, including the Chemical Institute of Canada, the Spectroscopy Society and others that could be of some assistance to assayers. However, since these societies cover a rather broad field and not many mine assayers have the opportunity to attend their meetings, it was felt that an organization oriented to the specific needs of the mine assayers would be of more value to them.Several years ago an attempt was made to hold meetings for the benefit of assayers in conjunction with the Conference of Metallurgists held each year by the Metallurgical Society of the C .I.M.M. This did not work because very few of the mine assayers attended the meetings.With the very evident success of the type of meetings the C.M.P. have and the excellent groundwork done by your secretary, Mr. Stevens, in talking about this to mine management and assayers at many mines across the country, it was decided to hold a meeting at Noranda on October 8 to discuss how best we could help ourselves solve our problems.For the initial meeting it was felt that perhaps it would be better to start with a smaller group, so invitations were sent to mines in Ontario and Quebec that were geographically fairly close to Noranda."

Jan 1, 1970

By G. M. Proudfoot

IN June, 1940, a .Longyear 3420 blast-hole drill rig was purchased by the Hudson Bay Mining and Smelting Company for the purpose of experimental blast-hole drilling. The early work showed that the diamond drill could compete successfully with the Leyners then in use and by January 1st, 1941, the diamond drills were placed on contract. They may be considered to have gone into production at that date. Prior to the introduction of the diamond drill, our bench drilling was clone with Ingersoll-Rand S-70 and S-83 Leyner drills. Holes up to 40 feet were drilled, using coupled 1 1/4-inch round steel. Bits with a gauge of 3 inches were used in starting these holes, with a drop of 1/8-inch gauge for each 2-foot run. The holes normally ended with 1 1/2 or 1 5/8-inch gauge, though bits down to 1 1/8 inches were available for holes longer than normal or for holes drilled in abnormally abrasive ground. This method of drilling was very satisfactory and was a distinct improvement on the three-bench method of drilling used previously (1). During 1937 and 1938, when experienced miners were available, Leyner long-hole drilling was carried on with great efficiency. However, in 1939 and 1940, labour turnover in-creased and experienced long-hole drillers became scarcer. This resulted in a marked decline in the efficiency of the drilling operations, with increased costs and less tonnage drilled per shift. EXPERIMENTAL WORK The initial diamond drilling test work was carried on with a Longyear 3420 air-driven blast-hole drill rig, drilling a 1 3/16-inch hole. Tests indicated that diamond drilling could be successfully adapted to local conditions and that overall costs compared favourably with costs obtained with the Leyner long-hole method. Leyner long holes on stope benches usually bottomed at a larger diameter than the 1 3/16 -inch diamond-drill holes. More powder could therefore be introduced into the Leyner holes than could be placed in the diamond-drill holes. To achieve the same fragmentation, additional footage was required when diamond drilling. Diamond-drill holes of larger diameter were indicated.

Jan 1, 1943

By W. A. Jones

"The Hollinger gold mine is in the Porcupine area, Cochrane district, in northern Ontario. The adjacent town of Timmins, which has a population of 25,856, lies 490 miles by railway north of the city of Toronto.The property was staked in the late summer of 1909. The original four claims were staked by Benjamin Hollinger, after whom the mine was named. Development commenced in the autumn of 1909 and mill construction in the winter of 1910. A catastrophic forest fire swept the district in 19ll, destroying the surface plant, so that the original 300-ton mill was not completed until June 1912. From that date up to December 31, 1945, 44,280,750 tons of ore have yielded 13,636,796 oz. gold and 2,613,354 oz. silver. The total value of the production has been $363,638,315.0REBODIES AND MINERALIZATIONThe orebodies consist of quartz veins, stringer lodes, and scockworks, with associated pyritized wall-rocks. The width of individual orebodies, as exposed by mining operations, ranges from 1 to 70 feet and averaged approximately 10 feet in 1942. The vein system forms a complex pattern in a favourable zone, which in places is 6,000 feet long and 4,000 feet wide. The deepest level being developed is 5,150 feet below the surface. Few veins are persistent for long distances, although some are continuous for more than 1,000 feet longitudinally and vertically.The host rocks consist of a closely folded series of Precambrian lava flows of Keewatin age. These are schistose and hydrothermally altered, but are believed to have originally been of intermediate to basic composition. The schistosity strikes N.70°E. and dips to the south at 75° to 80°. The structure of the formations is complex, but in the principal ore-bearing zone the general dip of the flows is to the south at a slightly flatter attitude than the schistosity."

Jan 1, 1954

By C S. Beals

The Dominion Observatory was founded in 1905 and, from the beginning, it work included research in both astronomical and geophysical science. During its first years, up to 1916, the Observatory also included geodetic surveying as part of it scientific program. Although, at the beginning of the century, geophysics did not have the close connection with mineral exploration that it now holds , the founders of the Observatory were men of vision, and they laid a solid foundation for the application of the techniques of geomagnetism, gravity and seismology to an understanding of the Canadian terrain of plain , mountains, seacoasts and shield area . The particular sphere which the Observatory occupies in the field of geophysics has been evolving over a period of many years and it has now a rather definite relation to the work of other government bodies, university science departments and industrial organizations. We have, for example, an over-all responsibility for the regional magnetic mapping of Canada and, as the magnetic field is subject to slow but steady changes, we produce new magnetic maps of the country every five years. These maps indicate the strength and direction of the magnetic field, the variation of the compass and the rate of change of the magnetic elements.

Jan 1, 1963

By Gordon L. Kidd

The object of this paper is to show the relations of the East Coulee coal area to the near-by Willow Creek, Wayne, Rosedale, and Drumheller areas, all being parts of the Drumheller field. The word ?area? is here used in a more local sense than that employed by Dr. J. A. Allan, whose. 'area' is rather comparable with the 'mining division' in British Columbia. I have drawn freely from the published information, particularly from Dr. Allan's report on the "Geology of Drumheller Coat Field, Alberta", and from Dr. E. Stansfield's paper on " A Chemical Survey of Alberta Coals", to whom thanks are due. The Drumheller field is served by branch lines of the two principal Canadian railways. The C.N.R. traverses the district by its Goose Lake line from Calgary to Saskatoon; and the C.P.R. by a line from Calgary to Acme and then southeasterly to Drumheller, where it effects a junction with the C.N.R., over which the C.P.R. has running rights as far as Rosedale. From Rosedale, a joint line built during the summer of 1928 extends about forty miles down the Red Deer river to the mouth of Bull Pond creek. From that point the C.P .R. turns more southerly to connect with the Bassano-Empress line. The C.N.R., it is expected, will eventually proceed eastward to connect with a transcontinental line. The joint line from Rosedale down the Red Deer river opened up the Willow Creek and East Coulee areas.

Jan 1, 1929

By S. Vézina

"Environmental issues have evolved considerably over the last two decades. The main contributing factors, to name a few, have been the changing values of modern societies, the globalization of trade and its linkage to environment, evolution and accessibility of information/ communication technologies, better educated populations, climate change, longrange transport of toxics, and the increasing influence of non-governmental organizations (NGOs) and multistakeholders.As well, environmental management of mining operations had to be realigned in order to meet these new realities and to respond to more elaborated regulations oriented towards sustainability. Environmental management systems (EMS) have been introduced not only to meet the assurance of conformance to regulations but also to prevent pollution and to apply the continuous improvement of mining processes. EMS models have been developed and certification to international standards (e.g. ISO 14 001) is a common practice.Globalization has imposed challenges and additional requirements to environmental management. Developing a mine in emerging countries implies dealing with international agencies, local communities, and a variety of government infrastructures to obtain a “license to operate.” This paper presents the structure of Cambior’s EMS and how it was adapted and implemented in the company’s operations in South America."

Jan 1, 2006

By O. Worku, J. H. Masliyah, Z. A. Zhou

ABSTRACT The viscosity of concentrated kaolinite or illite clay in aqueous suspensions was measured in the presence and absence of a small amount of montmorillonite (<1 wt%). To avoid solids settling and to increase the sensitivity of the suspension viscosity measurements, solids concentrations higher than 38 wt% were used. The pH of the suspensions and the concentration of calcium and bicarbonate ions were found to significantly impact the viscosity of the clay suspensions. The results showed a significant increase in the viscosity of kaolinite suspensions with the addition of as low as 0.25 wt% of montmorillonite on a solids weight basis. In addition to illustrating the role of water chemistry in modifying slurry rheological properties, our study demonstrated that viscosity measurement could be a simple, yet sensitive technique for determining the content of smectite clays, such as montmorillonite, in a complex mix of various types of clay.

Jan 1, 2012

By Alex MacEachern

Air is the gaseous substance that envelopes the earth and forms its atmosphere. It is remarkable in the constancy of its composition; for while this is being continually changed as the result of the respiration of men and animals, and by addition of gases arising from organic changes and the products of combustion, it is ever being brought back to normal and the proper balance restored by the processes of plant and vegetable life. Nature sees to it that the air in which we live and breathe is kept purified. This does not apply to the air in a coal mine, where there are no natural forces to change and make use of the different gases formed or evolved, and where mechanical ventilation is the only effective means of keeping the air pure. The atmosphere consists of oxygen and nitrogen, not in the combined state but merely mixed. By volume, the composition is: oxygen, 21 percent, nitrogen, 79 percent, there being included with the latter small quantities of such substances as water vapour, carbon dioxide, nitric acid, ammonia, ozone, argon, neon, and organic gases. Of the two principal gases which form air, oxygen alone supports life. When air is inhaled into the lungs the oxygen is absorbed by the blood, which carries it through the body to nourish and energize it. Exhaled air consists of water vapour and about 4 per cent carbon dioxide, with from 16 1/2 to 17 per cent oxygen and 79 per cent nitrogen; the oxygen alone having been drawn on to any considerable extent.

Jan 1, 1930

By Bryon Cerklefskie, Michael Schulte

"This case study explores the usage of polymer ducting as a replacement to curtains and FRP for face ventilation in two coal mines. There are two mines looked at, one is the highest elevation underground coal mine in North America, the other is the gassiest mine in North America. The paper details the trials of both mines switching from FRP and curtain respectively to polymer ducting. The results discuss the ability for the mines to not only achieve consistent airflows and keep them in compliance but the unexpected positives. Mine A was allowed to do longer cross cuts due to increased air volume at the face. This drastically cut their costs of mining down due solely to modification of the ventilation cycle. Mine B saw economic benefits due to longer cuts between place changes. Both mines have documented lower dust, methane, noise, and improved wear and tear on their equipment as a result.INTRODUCTIONThe emergence of longwall mining in underground coal operations has resulted in new ventilation challenges. Numerous production crews strive to complete their development sections with enough time to adequately prepare for the upcoming longwall panel. Continuous miners will cut out two or three entry development sections per their ventilation plan, that is approved and controlled by MSHA (Mine Safety and Health Administration), which will drive amount of footage that can be mined at a time prior to installing roof support. At this moment the continuous miner, hereafter referred to as the CM, will back out of the entry and moves to the second entry to complete a similar cut. Typically, a roof bolter crew will pull in to the finished cut section and install ground support. This is called a place change style of production coal mining. There is an alternate method that includes a miner/bolter combination as well but that was not featured at either test site in this case study. Ventilation has to be provided to sweep the working face of each entry to control dust and gasses. Each task will have an MSHA prescribed ventilation requirement dependent on the dust levels and methane emissions of the rock for that particular mine. The CM, roof bolting and unused headings will each require constant ventilation but at different volumes. Since each working face is changing throughout the mining cycle the ventilation requirement in a working heading is never static and is changing with the working task.Traditional Ventilation ControlsTraditionally face ventilation for coal mining operations has been completed thru the usage of a curtain system and\or using auxiliary fans and ventilation tubing. Room and pillar mining systems typically utilize curtain systems, which use curtain walls that are installed by the miners by erecting wood framing and covering it with brattice curtain. This splits the drift width to allow fresh air to sweep the face and take the contaminated air and dust behind the curtain to the ventilation exhaust\return area of the mine. This method is difficult to adjust the airflow from entry to entry during changing cycles and requires that a wider drift is mined out in order to have enough room for the brattice wall. In operations that require roof bolting, this method limits the length of the cuts from the CM prior to advancing and can lead to not providing enough ventilation to keep dust and methane levels below compliance requirements."

Jan 1, 2019

By W. J. Wright

Summary Statement The following notes on the geology of the Grand Lake coalfield are intended to be introductory to a second paper being read at this meeting, which paper will describe the earlier and the more modern mining methods. The coal industry of the Grand Lake coalfield is centred chiefly within a three-mile radius of Minto, but minor operations are dotted over an area of approximately 50 square miles extending easterly to the vicinity of Chipman and Coal Creek (see Figure 1). The coal comes from one seam of Pennsylvanian age. The seam varies in thickness from 16 to 30 inches and lies almost horizontal at depths of 0 to 125 feet. It has been mined and prospected over an area of approximately 150 square miles, but in a portion of this area the commercial possibilities have been destroyed by erosion. The industry is the oldest of its kind in North America, but it did not at tract particular publicity until about 1914. Since that date, mining methods have improved and the output has rapidly increased until, in 1934, it amounted to 271,335 long tons, and furnished employment for about 1,000 men (1). Approximately 73 percent of this amount was produced by the Minto Coal Company, the Miramichi Lumber Company, the Avon Coal Company, and Welton and Henderson, and 25 per cent by the Rothwell Coal Company, Harvey Welton Limited, G. H. King, the Reade Construction Company, and the Newcastle Coal Company. The remainder was produced by J. W. Carter, G. D. Crossman, T. H. Swift, C. S. Yeamans, and several other small operators. The coal is won by underground mining, except in the case of the Reade Construction Company, and a minor operation by Ashfield and Pieton, who have employed open stripping. It is mined only as required to fill definite orders, and is loaded directly into cars for shipment. In 1934, the larger mines did not operate full time, and the production could easily have been increased if markets had been available. The coal is sold in four grades: screened or lump, run of mine, slack, and stripping. The chief market is with the railways and commercial plants, with a fair amount for domestic purposes.

Jan 1, 1935

By Zhang Junzhi

This paper relates cross-border mergers and acquisitions (M&A) risk management theory to actual coal enterprises in China. The 3 phases of M&A are preparation, implementation and integration. By using the Analytic Hierarchy Process and fuzzy evaluation methods, we will try to establish a model to assess risks of the cross-border M&A of China?s coal enterprises. We then apply this model to the case of Yankuang Group acquisition of the Felix Company and receive the assessment results. There are significant reasons for quantitative research on risks of cross-border M&A of China?s coal enterprises, such as effective prevention and risk-aversion, and facilitation of cross-border M&As.

Aug 1, 2013

Iron control and iron residue management and disposal are significant issues in all zinc production processes. This paper briefly reviews the most important primary zinc production routes and discusses the challenges posed by iron control in each of them. The technologies and strategies that have proven successful in controlling and managing iron are discussed. SNC-Lavalin&apos;s experience in designing and commissioning zinc plants provides a unique perspective from which to review this aspect of zinc production.

Jan 1, 2006

By J. Pontt

Gearless mill drives (GMD) offer high performance for torque and speed control for grinding mills and have been applied successfully in modern concentrators for wet grinding with mill diameters from 34 to 40-feet. It is considered a mature technology. However, recently, some large GMD?s have presented unexpected failures in stator and rotor subsystems. The phenomena involved in such failures has shown a complex nature and surprised users and manufacturers. The manifestation of such failures has been observed as mechanical damages to certain components of ring motors. This paper presents a discussion on the electromagnetic forces that can generate stresses in the electrical ring motor that can produce failures and outages. Guidelines for further research and contributions to improved reliability of GMD?s are proposed.

Jan 1, 2012

By Denis Yaychuk, Gary Billingsley

The economic eva luation of a mineral property or mining venture should include the quantification of ri k as part of the analy is. The re ults of such an analysis provide the decision-makers not only with the most likely financial outcome and the probability of achieving that or any other outcome. but al o with a ranki ng of the relative impact of all the ri sk factors. These type of resu lts offer more complete information for investment and technical deci ions than the traditional cash flow/ ensitivity analysis. In addi tion. by attempting to quantify ri sk. the personnel providing the va ri able input are forced to take a much clo e r look at the data involved, and are fo rced to work together. the reby increa ing substantially the awa reness of the impact their work and others· work has on th e outcome of the analysis.

Jan 1, 1986

By W. Gordon Muir

This paper deals with the exploration, development and current operations of the salt mine at Goderich, Ontario operated by the Sifto Salt Division of Domtar Chemical Limited. The rock salt is obtained from a bed 1,760 feet below the surface, 75 feet thick, extending under Lake Huron. Annual production is in excess of one million tons. Large mobile equipment is used. Details of this equipment, as well as the shaft layout, which permits the equipment to be lowered underground with a minimum of trouble are outlined. Mining, crushing and screening procedures' are rev1ewed. Reference is also made to productivity salt distribution and uses.

Jan 1, 1967

By Robin Phinney

Certain statements in this presentation may constitute "forward-looking" statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, pe1formance or achievements of the Corporation, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. When used in this presentation, such statements use such words as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate" and other similar terminology. These statements reflect the Corporation&apos;s current expectations regarding future events and operating performance and speak only as of the date of this presentation. Forward-looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessa1ily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward looking statements including, but not limited to, the factors discussed in the Corporation&apos;s annual information form filed on March 9, 2011. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, including environmental approval, the failure to secure full project financing, the failure to implement the recommendations set out in the Technical Report, the failure to raise financing to implement the recommendations in the Technical Report, risks associated with the mining industry in general (e.g., operational risks in development, exploration and production; delays or changes in plans with respect to exploration or development projects or capital expenditures; the uncertainty of estimates and projections relating to production, reserves and resources, costs and expenses; and health, safety and environmental risks), decrease in potash prices and exchange rate fluctuations. Although the forward-looking statements contained in this presentation are based upon what management of the Corporation believes are reasonable assumptions, the Corporation cannot assure shareholders that actual results will be consistent with these fonvard-looking statements. These fon\?ard-looking statements are made as of the date of this presentation and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Corporation assumes no obligation to update or revise them to reflect new events or circumstances. This presentation is a market update based on the Corporation&apos;s public disclosure and does not form a part of any offer of securities, or constitute a solicitation of any offer to purchase or subscribe for securities. Any purchase of securities in the company should be made solely on the basis of information contained in the Corporation&apos;s public record which is available on www.sedar.com .

May 1, 2013