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The information in this document has been prepared as at February 16, 2011. Certain statements contained in this document constitute ?forward-looking statements? within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward looking information under the provisions of Canadian provincial securities laws. When used in this document, the words ?anticipate?, ?expect?, ?estimate?, ?forecast?, ?will?, ?planned?, and similar expressions are intended to identify forward-looking statements or information. Such statements include without limitation: statements regarding timing and amounts of capital expenditures and other assumptions; estimates of future reserves, resources, mineral production, optimization efforts and sales; estimates of mine life; estimates of future internal rates of return, mining costs, cash costs, minesite costs and other expenses; estimates of future capital expenditures and other cash needs, and expectations as to the funding thereof; statements and information as to the projected development of certain ore deposits, including estimates of exploration, development and production and other capital costs, and estimates of the timing of such exploration, development and production or decisions with respect to such exploration, development and production; estimates of reserves and resources, and statements and information regarding anticipated future exploration; the anticipated timing of events with respect to the Company's minesites and statements and information regarding the sufficiency of the Company's cash resources. Such statements and information reflect the Company's views as at the date of this document and are subject to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such statements and information. Many factors, known and unknown could cause the actual results to be materially different from those expressed or implied by such forward looking statements and information. Such risks include, but are not limited to: the volatility of prices of gold and other metals; uncertainty of mineral reserves, mineral resources, mineral grades and mineral recovery estimates; uncertainty of future production, capital expenditures, and other costs; currency fluctuations; financing of additional capital requirements; cost of exploration and development programs; mining risks; community protests; risks associated with foreign operations; governmental and environmental regulation; the volatility of the Company's stock price; and risks associated with the Company's byproduct metal derivative strategies. For a more detailed discussion of such risks and other factors that may affect the Company?s ability to achieve the expectations set forth in the forwardlooking statements contained in this document, see the Company's Annual Report on Form 20-F for the year ended December 31, 2009, as well as the Company's other filings with the Canadian Securities Administrators and the U.S. Securities and Exchange Commission. The Company does not intend, and does not assume any obligation, to update these forward-looking statements and information. Marc Legault, a Qualified Person and the Company?s Vice-President, Project Development, reviewed the technical information disclosed herein. For a detailed breakdown of the Company?s reserve and resource position see the February 16, 2011 press release on the Company?s website. That press release also lists the Qualified Persons for each project.

May 1, 2011

Underground coal mining continues to evolve in the U.S., and more reserves are being mined under deeper cover, with worse roof, or with interactions from previous workings. At the same time, the mining community is responding to higher safety standards and intense competitive pressures. The need for effective ground control design has never been greater. Ground control safety issues that have been addressed by recent the National Institute for Occupational Safety and Health (NIOSH) research include: Improving roof support performance; Maintaining safe tailgate escapeways from longwalls; Optimizing pillar design for retreat mining; Controlling multiple seam interactions; Predicting roof conditions during extended cuts, and; Preventing massive pillar collapses. As funding from both government and the private sector has diminished, the emphasis in research has focused on providing the mining community with practical techniques for improved ground control design. Many projects have successfully employed empirical methods that emphasize the statistical analysis of case histories from underground mines. Other projects have employed numerical models and large-scale laboratory testing of roof support elements. Using these data, NIOSH has developed an entire toolbox of computer programs that have been effectively transferred to the mining community.

By Robert B. Johnson

The refraction seismic method has been used as an indirect means of exploring for fluorspar in southern Illinois by the Illinois State Geological Survey. Use of the method has been restricted to those areas where mineralization is associated with faults, a restriction necessitated by the operating principles of the refraction method. The seismic data enable the interpreter to locate fault zones in the subsurface and, under ideal circumstances, to make estimates of dip direction and magnitude and vertical displacement provided the local stratigraphic units are known and are geophysically recognizable. In this instance, refraction seismic exploration has been successful in the surface mapping of well-developed faults, both simple and complex with which fluorspar may or may not be associated. However, less clear results have been obtained where faulting has been less severe and where there are numerous accompanying mineralized joints.

Jan 1, 1964

During a programme to determine the suitability of the UK site for deep disposal of radioactive wastes, geostatistical methods were used to characterise rock heterogeneity on the basis of seismic and wireline acoustic-impedance data. The data were analysed to yield semi-variogram models that quantified the three-dimensional spatial heterogeneity of acoustic impedance. These models were reconciled with geological interpretations of the area and used to generate simulations of acoustic impedance, with wireline acoustic impedance as conditioning data. The three-dimensional simulated images were compared with actual seismic acoustic impedance. The variography confirmed a vertical zoning effect in the Borrowdale Volcanics, showing that it is caused by preferential clusters of high acoustic impedance values corresponding to regions of relatively low porosity. The method provided realistic three-dimensional models from sparse, one-dimensional wireline data

Jun 19, 1905

By Eun-young Kim

Electrogenerated chlorine leaching of waste printed circuit boards was investigated in hydrochloric acid solutions. The pulverized printed circuit board contained about 37.6% of metal component, in which copper was about 83.6%. The leaching rate of copper was greatly affected by current density and agitation speed. The leaching of copper up to 98% was achieved at 20 mA/cm2, 50?, 180 minutes, and 600 rpm in 1M HCl solution. Increasing agitation and lowering current density enhanced utilization efficiency of electrogenerated chlorine. Leaching of copper was suppressed at initial stage, while the minor metal elements, such as aluminum, lead, and tin, were dominantly leached out.

Jan 1, 2006

By I M. Platten, C J. S Sangster, Y Xie

The Cononish gold-silver deposit is a steep, relatively narrow quartz-vein system, with a current total mineral resource of 154 000 oz Au and 589 000 oz Ag. The northeast-southwest trending system was emplaced into late Proterozoic metasediments, and postdates metamorphism and associated Caledonian Orogenic foliations. Assay and mineralogical data show that gold and silver is spatially associated with sulfides in quartz. The main sulfide is pyrite, but galena, chalcopyrite and sphalerite occur in small amounts. Gold occurs as electrum, with minor native gold, and silver occurs additionally as tellurides and native metal. The gold/electrum is fine-grained, generally less than 100 microns in size. The main ore shoots plunge 45¦ south-west, have a 40 m to 80 m intersection with the existing underground development and extend between 40 m and 260 m down plunge. Small-scale sulfide-bearing domains within the vein carry the highest gold grades. They collectively define the ore shoots, where one or two, and rarely three, of the domains are present at an individual site in the vein. Discontinuity of individual domains, variation in domain thickness and internal heterogeneity results in short scale variation in grade across the structure. Geological mapping along a 1.2 km exploration adit has provided critical æconditioningÆ data to support resource evaluation based on development and relatively wide spaced drilling. In addition, it has provided an indication of potential challenges that could be encountered during production.

Jan 1, 2009

By Samuel Frimpong

The interaction of oil sands with a ground articulating pipeline (GAP) system has been simulated with the dynamic model established in this work by combining the multi-body and soil dynamics with the Automatic Dynamic Analysis Mechanical Systems (ADAMS) software. Mathematical models governing the interaction of the GAP system with the oil sand terrain have been modeled based on the theory of multi-body and soil dynamics. These models consist of GAP track-oil sand contact model for generating the contact force between oil sands and track and load-deformation oil sand model for capturing the dynamic behavior of oil sands. A virtual prototype has been created and simulated in the ADAMS environment. The simulation result of the effect of load on oil sand deformation indicates that maximum deformation value increases non-linearly with load varying from 0 to 60t. This study provides a solid foundation for further research and the GAP technology development.

May 1, 2004

By Christopher Mark

A coal burst is defined as the sudden, violent ejection of coal or rock into a mine opening. Coal mines in the North Fork Valley (NFV) of Colorado?s Gunnison River have a long history of coal bursts in a wide variety of settings. These have included longwall and room-and-pillar, development and retreat, and single- and multiple-seam mining. In contrast to other coalfields, where bursts are typically associated with strong, massive sandstone and extremely high stress, many bursts in the NFV have occurred beneath shale roof and some distance from the most highly stressed locations. The goal of this paper is to attempt a systematic study of the entire burst history in the NFV, in order to gain insight into their characteristics and causes. The primary sources of information are the reports of investigations conducted by the Mine Safety and Health Administration (MSHA) Roof Control Division over the past 15 years. This paper provides details on the geologic mapping conducted as part of these investigations, as well as a regional plot of burst locations using a Geographic Information System. The mapping indicates that many of the NFV bursts have been associated with structural features, including low-angled faults and well-defined zones of high-density jointing that exhibit little or no displacement. Some of these features appear to extend for several miles, impacting more than one mine.

Jan 1, 2012

The Bureau of Mines is active in programs pertaining to solid waste disposal and land reclamation. Nine reclamation projects of mining companies and six projects of the Commonwealth of Pennsylvania were investigated to provide information on the procedures, costs, and results obtained from reclamation projects of bituminous coal-waste disposal areas. Refuse disposal costs of mining companies ranged from 9 to 28 cents per ton-mile, and quantities disposed of ranged from 600 to 4,500 tons per day. Spreading and compacting the refuse at the dump site ranged from 3 to 20 cents per ton. Cost of covering with soil and planting ranged from $750 to $1,646 per acre. Total costs of reclamation for the Pennsylvania projects ranged from about $1,800 to more than $15,000 per acre. Refuse preparation costs ranged from $772 to $5,550 per acre. Soil covering and planting costs ranged from $1,083 to $5,086 per acre. The best results were obtained by soil preparation and conditioning prior to planting. The type and depth of soil and effect of climate were also factors.

Jan 1, 1973

By Foster Fraas

One of the lithium minerals most widespread in the earth's surface is spodumene (Li20-A1203-4Si02), a lithium aluminium silicate. For some time, deposits of this mineral were known to exist in the Black Hills of South Dakota, but it was only quite recently that Hess4/ pointed out the great magnitude of the low-grade deposits in forth Carolina. The theoretical lithia (Li20) content of spodumene is 9.04 percent. The only other minerals with such high lithia content are the phosphates, but these occur only in pockets and are not in extensive deposits5/. Actually, however, the lithia content in spodumene is never found to be this high, being nearly always below 7 percent for the pure mineral, and part of the lithia is apparently replaced by other alkalies.

Jan 1, 1937

By R. W. Barnes

This circular presents results of a survey conducted by the Bureau of Mines to ascertain the extent to which dust-control practices are employed in the coal-mining industry. This survey was initiated because of increasing realization of the possible harmful effects of the inhalation of dust upon the health of coal-mine workers and the advent, during recent years, of new types of mining machinery and new mining methods that may have a direct effect upon the extent of exposure to airborne dust experienced by persons mining coal. Anthracite Mines The survey covered 169 anthracite mines that were operating from November 1, 1953, to July 1, 1954. It showed that large mines employing more than 100 men were doing most to control dust produced during mining.

Jan 1, 1956

By Y. Jin

Magnesia ramming materials have been widely used in China instead of magnesia bricks as furnace lining materials of ferroalloy refining furnace. The paper introduces the development of the ramming material, recounts its chemical composition, physical property and application characteristics. Because of its high MgO contents and fine sintering property, the ramming furnace bottom has the properties of good refractory, monolithic construction and thermal shock resistance. The changes in mineral composition and furnace tearout characterization show the reasons for the bottom?s long service life. The obvious benefits are widely achieved, the annual saving cost in refractory is about 2 millions US dollars.

Jan 1, 2004

By Russell J. Foster

In this Bureau of Mines report a selection process has identified 14 nonstockpiled materials (cesium, gallium, hafnium, indium, osmium, rhenium, rhodium, rubidium, ruthenium, scandium, selenium, tellurium, thallium, and zirconium) that are linked to the continuing evolution of high-technology fields such as electronics, catalysis, and energy, and that have limiting factors associated with domestic availability. A qualitative assessment of the "potential criticality" of these materials was made through a consideration of end uses, demand trends and forecasts, production, mineral reserves, byproduct status, alternative supply sources, substitution and conservation options, and recyclability.

Jan 1, 1988

By Guoqi He

Common offset seismic data collected over two active longwall panels at different stages of mining reveal that significant arrival time delays are produced in reflections from different levels within the mine cover. Mining-induced arrival time delays are also observed beyond the edges of the mine over unmined areas. Reflection arrival time delays increase with reflector depth and are laterally variable. The arrival time delays are produced by reductions of seismic velocity within the overburden. Reflection arrival time delays from a major strong unit located neutrally within the cover are proportional to subsidence, however, delays in other events are not.

Jan 1, 1989

This is the sixth in a series of reports on properties of commercial motor fuels, made in accordance with a cooperative agreement between the Cooperative Fuel Research (C.F.R.) Committee and the Bureau of Mines of the Department of the Interior. The first report gave data on motor gasolines sold during the winter of 1935-36.3/ The present report covers 54 brands of gasoline represented by 1,480 samples plus those from the Pacific Coast, which were averaged by the Pacific Coast Technical Group before being submitted and are published exactly as they were submitted. In some areas reports were received from 8 to 10 companies on the same brands of gasoline, whereas in other areas only one company reported on a brand. Thus, it can be seen that some of the data are more representative than others. The inclusion of data from several cities within some of the districts has improved the report by reducing the number of brands reported by only one company. Several changes have been made in the districts. A new district, Memphis, Tenn., has been formed to include Arkansas and western Tennessee. The Rocky Mountain areas have been divided into three sections. Salt Lake City and Denver form the Middle Rocky Mountain district; Laramie, Wyo., Idaho, Montana, and Spokane, Wash., are included in the North Rocky Mountain district, and Arizona, New Mexico, and El Paso, Tex., have been combined to represent the South Rocky Mountain district. The Cleveland district has been expanded to include Ohio an,"- Indiana. Eastern Pennsylvania, Maryland, and northern Virginia are included in the Washington (D. C.) district. The Atlanta district includes Georgia, South Carolina; Mississippi, and northern Florida.

Jan 1, 1938

By William Wilkinson, Vladisla Kecojevic

Current three-dimensional (3D) computer design technology leveraged into drill and blast planning and operations is changing the way engineers and operations approach drill and blast design. Additionally, Global Positioning Systems (GPS) technology that is now readily available to the civilian population is being implemented into the mining sector with a variety of new products specifically designed for drill and blast operations. The objective of this article is to discuss the steps involved with 3D Computer-Aided Design (CAD) of drilling and blasting, and the benefits such a design can provide in conjunction with GPS and drill monitoring systems.

Jan 1, 2004

In this study, the method of chemical co-precipitation?reduction?diffusion was developed for the preparation of magnetic SmCo5 alloy. In the chemical co-precipitation process, the effects of solution pH, the reactant concentration, the dispersant on the process were investigated. The optimum conditions of the process were determined, and the SmCo5 alloy oxide precursor particles with fine crystalline structure, narrow size distribution was obtained. Then, by reduction-diffusion treatment of the precursor particles, the SmCo5 alloy with high quality was produced. It is anticipated that the co-precipitation-reduction-diffusion is a novel method available for SmCo5 alloy production.

Jan 1, 2006

By Kenneth Gavin

The accurate prediction of the shaft capacity of drives piles in sand continues to present problems for foundation designers. Research in this field has been carried out for many years and has yielded a wide range of design approaches -some of which have been shown by recent experimental work to be based on questionable assumptions. This Paper reviews some of the current popular design methods for piles in sand in the context of recent information obtained from high quality field tests conducted by institutions such as Imperial College London. A database of driven piles in cohesionless soils has been compiled from well documented (and reliable) case histories that have been reported in the literature. The measured shaft capacities of the piles in this database are compared with predictions made by the various methods and an assessment is made of the predictive performance and reliability of each method

Jan 1, 1996

By Pat McLaughlin

Blast design in the construction industry has often been based on past practice or powder factors. This is to some extent understandable, since construction projects do not have the longevity of mining or quarrying operations and therefore have less opportunity to pursue potential improvements. The main concern of the operator is whether or not the technique will work, and at what cost to the downstream processes. Time, not long term savings, is of the essence.

Jan 1, 1994

SEVERAL serious accidents, which had occurred owing to the platman leaving the plat without first withdrawing the "chairs" from the shaft, set the writer scheming to devise a mechanically operated system which would obviate such accidents and be "fool-proof". It was obvious at the outset that some means of indicating to the engine-driver by the movement of the "chairs" themselves, whether they were "in" or "out" of the shaft, was necessary.An arrangement of signalling similar to railway semaphores was considered, but was rejected owing to the difficulties accruing from the large number of communicating wires which would be required down the shaft-viz., 2 for each level. After several experiments, a comparatively simple and efficient electrical system was devised, and which is covered by Commonwealth Patent TO. 10,402.One of the chief features of the apparatus is its simplicity, and its strongest point is the fact that both the engine-driver and platman receive visual indication of the position of the "chairs." The arrangement consists of a miniature coloured glow lamp, one for each level of each shaft compartment, arranged and placed beside the numbers and arrows corresponding to the various levels, on the winding engine indicators. Also a large indicating glow lamp is installed at each compartment in the various levels, in proximity to the levers for operating the "chairs." Upon operating the various levers for the "chairs," an electrical current...

Jan 1, 1909