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PG:TSXwww.premiergoldmines.com
Corporate Presentation
March 2020
Disclaimer
This Presentation contains certain information that may constitute "forward-looking information" under applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding theCompany’s achievement of the full-year projections for ounce production, production costs, AISC costs per ounce, cash cost per ounce and realized gold/silver price per ounce, the Company’s ability to meet annual operations estimates, andstatements about strategic plans, including future operations, future work programs, capital expenditures, discovery and production of minerals, price of gold and currency exchange rates, timing of geological reports and corporate andtechnical objectives. Forward-looking information is necessarily based upon a number of assumptions that, while considered reasonable, are subject to estimation of mineral resources and mineral reserves, realization of mineral resources,known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information, including the risks inherent to themining industry, adverse economic and market developments and the risks identified in Premier's annual information form under the heading "Risk Factors". There can be no assurance that such information will prove to be accurate, asactual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information contained in thisPresentation is given as of the date hereof and is based upon the opinions and estimates of management and information available to management as at the date hereof. Premier disclaims any intention or obligation to update or revise anyforward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
This Presentation has been completed by Premier. Certain corporate projects referred to herein are subject to agreements with third parties who have not prepared, reviewed or approved this Presentation. The Presentation is not intendedto reflect the actual plans or exploration and development programs contemplated for such projects.
Investors are reminded that this Presentation should be read in conjunction with Premier’s most recent Financial Statements and Management’s Discussion and Analysis, available on www.sedar.com and www.premiergoldmines.com.
Foreign Exchange Assumptions
All amounts discussed herein are denominated in U.S. dollars unless otherwise specified.
Non-IFRS Measures
The Company has included certain terms or performance measures commonly used in the mining industry that are not defined under International Financial Reporting Standards (“IFRS”) in this document. These include: earnings beforeinterest, tax, depreciation and amortization (EBITDA), free cash flow, cash cost per ounce sold, all in sustaining cost (“AISC”) per ounce sold and average realized price per ounce. Non-IFRS measures do not have any standardized meaningprescribed under IFRS, and therefore, they may not be comparable to similar measures employed by other companies. The data presented is intended to provide additional information and should not be considered in isolation or as asubstitute for measures prepared in accordance with IFRS and should be read in conjunction with the Company's consolidated financial statements. Readers should refer to the Company’s Management’s Discussion and Analysis under theheading “Non-IFRS Measures” for a more detailed discussion of how such measures are calculated.
Cautionary Notes to Investors - Reserve and Resource Estimates
In accordance with applicable Canadian securities regulatory requirements, all mineral reserve and mineral resource estimates of the Company disclosed in this Presentation have been prepared in accordance with Canadian NationalInstrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"), classified in accordance with Canadian Institute of Mining Metallurgy and Petroleum's "CIM Standards on Mineral Resources and Reserves Definitions andGuidelines" (the "CIM Guidelines").
Pursuant to the CIM Guidelines, mineral resources have a higher degree of uncertainty than mineral reserves as to their existence as well as their economic and legal feasibility. Inferred mineral resources, when compared with measured orindicated mineral resources, have the least certainty as to their existence, and it is reasonably expected the majority of inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. Pursuant to NI43-101, inferred mineral resources may not form the basis of any economic analysis, including any feasibility study. Accordingly, readers are cautioned not to assume that all or any part of a mineral resource exists, will ever be converted intoa mineral reserve, or is or will ever be economically or legally mineable or recovered. Premier is not aware of any environmental, permitting, legal, title-related, taxation, socio-political, marketing or other relevant issue that could materiallyaffect the mineral resource estimate. The definitions under NI 43-101 and the CIM guidelines differ from the definitions in Guide 7 of the U.S. Securities and Exchange Commission. Accordingly, information regarding mineral deposits maynot be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States Securities laws and the policies and regulations thereunder.
The scientific and technical information contained in this Presentation has been reviewed by Stephen McGibbon, P. Geo., (Executive VP Corporate and Project Development) and a Qualified Person within the meaning of National Instrument43-101.
For further information on the technical data provided in this Presentation, including the key assumptions underlying the mineral resource herein, refer to the Sedar filings as listed below:
Note Project/Property Company Date
(1) Hasaga Premier Gold Mines Limited February 24, 2017(2) Hardrock Feasibility Premier Gold Mines Limited December 21, 2016(3) Cove Premier Gold Mines Limited March 31, 2018(4) Mercedes Premier Gold Mines Limited April 18, 2018(5) South Arturo Premier Gold Mines Limited March 26, 2018(6) Hardrock Press Release Premier Gold Mines Limited October 3, 2019
P R E MIE R G O L D M I NE S | 2
See Disclaimer page for notes and forward-looking statements.See the Company’s September 30, 2019 condensed consolidated financial statements and MD&A.
Premier Locations
• 100% North American focus
• Safe & world-class jurisdictions
• 4 core advanced-stage projects
Business Model
• Growing production through new minedevelopments in Nevada
• Two projects being permitted for futuredevelopment decisions
• Greenstone Gold project is a large-scale,de-risked project located on the Trans-Canada highway
• Commitment to exploration for reserveand resource growth
• Ended Q3 2019 with $33.1M cash & cashequivalents
Mining Operation
Advanced Exploration
Early Exploration
U n i t e d S t a t e s
M e x i c o
P R E MIE R G O L D M I NE S | 3
Nevada
Sonora, Mx
Ontario
Mining – Development – Exploration
C a n a d a
Extensive Growth Pipeline
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 4
ExplorationConceptual/
ScopingFeasibility Execution
Current Production
Rye
100% PG
Hasaga
100% PG
Rahill-Bonanza
McCoy-Cove
100% PG
Greenstone
South Arturo - El Nino
South Arturo -Phase 1 Mercedes
100% PG
EXPLORATION ADVANCED EXPLORATION MINING OPERATIONS
South Arturo - Leach
South Arturo -Phase 3
Rodeo Creek
100% PG
See Disclaimer page for notes and forward-looking statements.
C a n a d a
U n i t e d S t a t e s
M e x i c o
P R E MIE R G O L D M I NE S | 5
South Arturo
Mercedes
Mining Operations
• Strategic project in the heart of the prolific CarlinTrend – the only project not held entirely by NGMin the North Carlin
• Commercial production was achieved at El Nino inH2-2019, optimizing development plan for thePhase 1 & Phase 3 pits and heap leach option
South Arturo, Nevada
Key Metrics
Mine OwnershipPremier Gold 40%
Nevada Gold Mines 60%
Mine Type Open Pit & Underground
Processing Roaster (Goldstrike)
Key Metrics
Mine Ownership Premier Gold 100%
Mine Type Underground
Plant Throughput Capacity 2,000 tpd
Mercedes, Mexico• Discovered two new mineralized zones – Lupita
Extension & San Martin displaying higher thancurrent reserve grades
• Implementing multiple optimization initiatives
Mining Operation
Advanced Exploration
Early Exploration
See Disclaimer page for notes and forward-looking statements
Mercedes Mine, Mexico
P R E MIE R G O L D M I NE S | 6
Key Metrics
Mine Ownership Premier Gold 100%
Mine Type Underground
Plant Throughput Capacity 2,000 tpd
• 2020 – focused on operational improvements:
• Advance Lupita Extension into mine plan
• Delineate San Martin discovery for year-end reserves
• Implement smaller mining equipment to allow reducedmining widths and headings sizes where appropriate
• Production guidance of 65,000-75,000 ounces of gold
Diluvio
Lupita
Rey de Oro
Klondike
Marianas
LagunasGap
Barrancas
Aida
Mercedes
Lupita ExtensionSan Martin
• Major developments in 2019:
• Discovered two new mineralized zones – LupitaExtension and San Martin that display potentialfor higher than current reserve grades
Overview & Highlights
See Disclaimer page for notes and forward-looking statements
Lupita – Diluvio Development Program
Exploration Potential
• Results continue to suggest the potential for a substantial resource at the Lipita/San Martin discoveries
• Focused on the development of Lupita Extension in 2020 as well as infill and step-out drilling at the newSan Martin discovery where recent infill drilling intersected up to 4.6 m @ 10.03 g/t Au
• 93 metres of the development drift at Lupita Extension averages 4.90 g/t Au across 3.9 m (true width)
ZoneAvg. true thickness
m
Au gradeg/t Au
Number of intercepts
San Martin 3.2 6.95 10
Lupita Ext 2.9 5.56 70
P R E MIE R G O L D M I NE S | 7
2019 Drill Program Results
• Strategic projects in the heart of the prolific Carlin Trend –South Arturo is the only project not held entirely by NGM in theNorth Carlin
• Commercial production was achieved at El Nino in H2-2019
• Optimizing development plan for the Phase 1 & Phase 3 openpits and heap leach option
• Significant exploration upside to achieve long-term production– underground expansion drilling at El Nino, expansion drillingat Phase 3 and at the East Dee target are planned in 2020
• Rodeo Creek (100% PG) has excellent potential to host thenorthern extension of the Dee-Arturo fault structure
Overview & Highlights
Key Metrics
Mine OwnershipPremier Gold 40%
Nevada Gold Mines 60%
Mine Type Open Pit & Underground
Processing Roaster (Goldstrike)
South Arturo Mine, Nevada
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 8
Multiple Development Opportunities
Phase 1 Phase 3 Phase 2
El Niño Underground
Isometric view looking North
El Nino Underground Mine
• Mining of the Phase 2 pit completed in 2017, El Nino ramp to access high-gradeextension below the pit – Commercial Production achieved in 2019
• Drill program in 2020 focused on expanding reserves and resources
Phase 1 Open Pit Project
• Pre-stripping commenced, including the stockpiling of potential heap leach material
• ROM heap leach opportunity is being advanced with potential future construction ofon-site facility
• East Dee and South Hinge targets could contribute significant upside
Phase 3 Open Pit Project
• Targeted as the next phase of mining at South Arturo
East Dee
BD18-08C
21.3 m of 6.52 g/t Au
BD18-05C
25.9 m of 5.84 g/t Au
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 9
El Nino Mine
Phase 3 Project
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 10
• Geotechnical drilling completed Q2 & Q3 2019 (Hydrology, slope stability and geologic model of the Carlin formation)
• In Q2-Q3 2019, geo-metallurgy drilling was completed - samples collected from breccia and leach zones withmineralized grade intercepts extending below the bottom of current pit design
• Highlight results from 2019: 112.8 m of 7.29 g/t Au (MAD19004) & 62.5 m of 7.93 g/t Au (MAD19002)
Phase 3 Open Pit
Outside of current pit shell design
See Disclaimer page for notes and forward-looking statements.
C a n a d a
U n i t e d S t a t e s
M e x i c o
P R E MIE R G O L D M I NE S | 11
McCoy-Cove
Development Projects
Greenstone Gold, Ontario
McCoy-Cove, Nevada• Located in the Battle Mountain Trend, Nevada
• Cove is one of the highest-grade undeveloped+1Moz gold deposits in the United States
Greenstone
• Premier’s flagship asset is host to a 7.1M oz goldmeasured and indicated and 3.0M oz inferredmineral resource on a 100% basis
• Federal and Provincial EA/EIS approvals, Impactand Benefit Agreements signed with all requiredFirst Nation Communities
• Located on the Trans-Canada highway
Key Metrics
Ownership Premier 50% - Centerra 50%
Stage Feasibility – Permitting
Mine Type (planned) Open Pit (~27,000 tpd)
Key Metrics
Ownership Premier Gold 100%
Mine Type (potential) Underground
Processing Plan Third Party Roaster/Autoclave
Mining Operation
Advanced Exploration
Early Exploration
• Multi-million ounce gold deposit with excellentinfrastructure (on Trans-Canada Highway)
• Centerra is sole-funding ongoing CA$185M spend with$45M (CA$60M) remaining (Sept. 30, 2019)
• Full permitting underway with EA approvals fromFederal and Provincial Governments, full First Nationsupport
• 2016 feasibility study (gold price $1,250/oz) withNPV5% to Premier of $318M and 17.5% IRR, 14.5 yearmine-life – open pit only
Key Metrics
Ownership Premier 50% - Centerra 50%
Stage Feasibility - Permitting
Mine Type (planned) Open Pit
Plant Throughput Capacity (planned)
~27,000 tpd
Greenstone Property, Ontario
Project Overview
Mineral Resources (100% Basis and inclusive of mineral reserves)
Category TypeTonnes
Mt
Grade
g/t Au
Au Ounces
000’s
MeasuredResources
Open Pit Restricted 5.7 1.30 237
Underground Restricted - - -
Sub-Total 5.7 1.30 237
IndicatedResources
Open Pit Restricted 132.0 1.33 5,631
Underground Restricted 9.8 3.93 1,237
Sub-Total 141.8 1.51 6,868
Measured + IndicatedResources
Open Pit Restricted 137.7 1.33 5,868
Underground Restricted 9.8 3.93 1,237
Sub-Total 147.5 1.50 7,105
InferredResources
Open Pit Restricted 0.9 1.19 36
Underground Restricted 24.6 3.87 3,059
Sub-Total 25.5 3.77 3,095US$ commodity prices for mineral resource estimate: $1,250 for Gold
P R E MIE R G O L D M I NE S | 12See Disclaimer page for notes and forward-looking statements
• Large land package with 4 deposits identified and multiple exploration targets
• Only the Hardrock open pit considered in the economic study – underground deposit remains open down-plunge
• The nearby, Brookbank and Key Lake deposits offer further upside
• Updated mineral resource estimate represents a 21% increase in grade, 26% increase in ounces and 4% increase intonnes versus measured and indicated O/P mineral resources reported in the 2016 Feasibility Study
• Updated Economic Study delivered in December 2019
P R E MIE R G O L D M I NE S | 13
Greenstone Property, Ontario
See Disclaimer page for notes and forward-looking statements
Upside Opportunities
Western-most hole
MM170
18.49g/t – 20.5m
McCoy-Cove, Nevada
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 14
• Located in the Battle Mountain Trend, Nevada
• Past production: 3.3 M oz Au and 110.0 M oz Ag
• Large underexplored land package of ~31,000 acres
Key Metrics
Ownership Premier Gold 100%
Stage Exploration – Resource Definition
Mine Type (potential) Underground
Processing Plan Third Party Roaster/Autoclave
Mineral Resources
CategoryTonnes
MtAu g/t
Ag g/t
Contained Ounces
Gold koz Silver koz
Indicated 0.948 11.21 29.53 342 900
Inferred 3.658 11.24 20.90 1,322 2,457
• Cove is one of the highest-grade undeveloped +1Moz golddeposits in the United States
• PEA concludes robust economics for the high-grade Covedeposit with low up-front capital
• Substantial upside exists with deposits remaining open forexpansion multiple untested regional targets
• Hydro line constructed to portal site in 2019
• Hydrology study and additional metallurgy being completedin advance of underground plan followed by FeasibilityStudy and deposit development decision
Overview & Highlights
Underground Development Program (Permitted)
Cove Carve-Out
See Disclaimer page for notes and forward-looking statements
150 m
OPENExpansion potential
PG-01
3m @ 40.0 g/t Au and 19 g/t Ag
PG16-02
50.9m @ 7.1 g/t Au
Incl. 13.1m @ 16.0 g/t Au
Mineral Resources
CategoryTonnes
MtAu g/t
Ag g/t
Contained Ounces
Gold koz Silver koz
Indicated 0.948 11.21 29.53 342 900
Inferred 3.658 11.24 20.90 1,322 2,457
PEA Production Assumptions (US $1,250/oz Au)
Tons Mined - Avg. Gold Grade 2,932,000 Tons @ 0.305 oz/t (10.46 g/t)
After-tax NPV 5%: $143.0 M - After-tax IRR: 48%
P R E MIE R G O L D M I NE S | 15
C a n a d a
U n i t e d S t a t e s
M e x i c o
P R E MIE R G O L D M I NE S | 16
Exploration
Hasaga Red Lake, Ontario
Hasaga
• 100%-owned project in the heart of one of theworld’s premier high-grade gold camps - Red Lakeproduction since the mid-1920’s of nearly 30Mozs of gold at an average grade of +15 g/t Au
• The Hasaga/Howey mines produced ~640,000ounces of gold (1930-1952)
• Final step-out hole - 23.4 m of 5.69 g/t Au within67.0 m of 4.02 g/t Au (HMP176W3)
Key Metrics
Ownership Premier Gold 100%
Mine Type (potential) Open Pit & Underground
Deposit CategoryTonnes ('000t)
Gold Grade (g/t)
Contained Au ('000 oz)
Central Indicated 31,613 0.79 804
Inferred 23,733 0.76 583
Hasaga Indicated 9,050 0.89 258
Inferred 806 1.00 26
Buffalo Indicated 1,632 1.18 62
Inferred 604 1.12 22
Hasaga (Open Pit) Mineral Resources by Target Area (@ 0.50 g/t Au)
See Disclaimer page for notes and forward-looking statements
Hasaga Deposit
Hasaga Deposit
• Strategically located in the heart of the prolific Red Lake goldcamp with multiple mills located within a 20 km radius
• Plan is to complete a resource estimate for the C & D Zonedeposits following the 2020 drill program that are located down-plunge of the historic Howey-Hasaga gold mine (~640k oz produced)
• Previously completed metallurgy indicates favourable metallurgywith recoveries in the range of 94-97%
• Potential for immediate expansion including:
• C-Zone proximal to HMP176W3 that returned 4.02 g/t Auacross 67.0 m including 5.69 g/t Au across 39.0 m
• D-Zone (down-plunge of C-Zone) where a single holeintersected 1.21 g/t Au across 181.0 m (HMP161)
• Upper D-Zone discovery with intercepts 8.54 g/t Au across8.0 m (HMP162) & 13.67 g/t Au across 6.0 m (HMP172)
• B-Zone expansion where drilling intersected 6.68 g/t Auacross 3.0 m below the historic mine workings
• Expansion potential as mineralization remains open in multipledirections
• Current drill program expected to comprise of more than 20,000metres testing multiple prospective targets
NS cross section ± 20 m
C Zone
C2 Zone
>0.35
0.35 – 1.00
1.00 – 3.00
3.00 – 5.00
5.00 – 10.00
>10.00
Au g/t
See Disclaimer page for notes and forward-looking statements
- 1000m
- 800m
- 600m
- 1200m
- 400m
- 200m
- 1400m
HMP1677.21 g/t Au over 5.5m
& 8.54 g/t Au over 10.0m
HMP16914.36 g/t Au over 3.0m
& 20.00 g/t Au over 1.0m& 58.76 g/t Au over 2.0m
HMP169W126.45 g/t Au over
4.0m
> 10.0 g/t Au
> 5.0 g/t Au
> 3.0 g/t Au
> 1.0 g/t Au
Historic Workings
HMP17-88-03-W23.36 g/t Au over 5.0m
& 22.56 g/t Au over 7.0mIncl 125.0 g/t Au over 1.0m
HMP169W33.57 g/t Au over 23.0m
Incl 15.88 g/t Au over 3.0m
HMP164W34.37 g/t Au over 5.0m
& 6.00 g/t Au over 6.0m& 12.03 g/t Au over 21.0m
100 m
ISOMETRIC VIEW – LOOKING E
P R E MIE R G O L D M I NE S | 17
Summary
See Disclaimer page for notes and forward-looking statements P R E MIE R G O L D M I NE S | 18
Growing Production
Commercial production achieved at El Nino underground mine
Advancing development plan for the Phase 1, Phase 3 open pits and heap leach opportunity at South Arturo
Two projects currently being permitted for future development (Hardrock & McCoy-Cove)
Growing Reserves and Resources
Hardrock mineral resource announced in Q4-2019 and updates planned for South Arturo and Mercedes
Resource update planned at Hasaga following the 2020 exploration program
Growing Cash Flow
Focused on delivering long-term cash flow through development of project pipeline
Company Snapshot
(1) As at September 30, 2019(2) Source: TSX infosuite and Sedi as at sept 30, 2019(3) Includes Ewan Downie and Orion Mine FinanceSee Disclaimer page for notes and forward looking statements A-1
Share Structure
Shares i/o 210,460,482 (1)
Options 11,939,000 (1)
RSUs/DSUs 1,065,334 (1)
Warrants 3,500,000 (1)
Analyst Coverage
RBC Capital Markets Mark Mihaljevic
CanaccordGenuity Tom Gallo
Scotia Capital Ovais Habib
CIBC World Markets Bryce Adams
Cormark Securities Tyron Breytenbach
BMO Capital Markets Andrew Mikitchook
Exploration Insights Brent Cook – Joe Mazumdar
Top 5 Shareholders (2) (~33%)
Orion Mine Finance
Tocqueville
Van Eck Associates
Fidelity
Oppenheimer
Insiders (2) (~15%)
Total Insiders (3) 30,876,945
Ewan Downie (7th largest shareholder) 4,200,278
Global Mineral Reserves & Resources
*GREENSTONE GOLD: Mineral reserves and resources were calculated at a gold price of US$1250 and US$1320 respectively. The current independent technical report on the property, dated December 21, 2016, is entitled “Hardrock Project, Ontario, Canada” was completed by G Mining Services Inc. an updated mineral resource was released on October 3, 2019 using the same gold price assumptions. Mineral resources are inclusive of mineral reserves.**MERCEDES: For 2018, mineral reserves and mineral resources were calculated under the supervision of Stephen McGibbon, Executive Vice-President of Project & Corporate Development at Premier Gold Mines Ltd at gold prices of US$1200 and US$1400 and silver prices of US$16.50 and US$19.25 respectively. The independent technical report on the property dated April 18, 2018, entitled “TECHNICAL REPORT ON THE MERCEDES GOLD-SILVER MINE, SONORA STATE, MEXICO” provides detail on resource estimate methodologies and assumptions.***SOUTH ARTURO: Calculations have been prepared by employees of Barrick under the supervision of Rick Sims, Vice President, Resources and Reserves, of Barrick, Geoffrey Locke, Manager, Metallurgy, of Barrick and Mike Tsafaras, P. Eng., Manager, Value Realization of Barrick. Except as noted below, reserves have been estimated based on an assumed gold price of US$1,200 per ounce, an assumed silver price of US$16.50 per ounce****McCOY-COVE: Mineral resources at Cove were estimated using a gold price of US$1400 per ounce. One ounce of gold is equivalent to 140 ounces of silver. The current independent technical report on the property, dated June 29, 2018, is entitled “PRELIMINARY ECONOMICASSESSMENT FOR THE COVE PROJECT, LANDER COUNTY, NEVADA” and was completed by Practical Mining LLC*****HASAGA: Mineral resources at Hasaga were estimated using a gold price of US$1400 per ounce. The current independent technical report on the property, dated February 24, 2017, is entitled “NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT: HASAGA PROJECT, RED LAKE MINING DISTRICT, ONTARIO, CANADA, NTS MAP SHEETS 52K/13 AND 52 N/04” and was completed by MRB and Associates.See Disclaimer page for forward-looking statements and cautionary notes on mineral reserve and mineral resource estimates A-2
Global Reserves (attributable to Premier)
Global Resources (attributable to Premier)GOLD (Au) MEASURED RESOURCES INDICATED RESOURCES MEASURED+INDICATED RESOURCES INFERRED RESOURCES
PROPERTYTonnes
Mt
Grade
g/t Au
Au Ounces
000's
Tonnes
Mt
Grade
g/t Au
Au Ounces
000's
Tonnes
Mt
Grade
g/t Au
Au Ounces
000's
Tonnes
Mt
Grade
g/t Au
Au Ounces
000's
Greenstone* 2.85 1.30 118.5 70.90 1.51 3,434 73.75 1.50 3,553 12.75 3.77 1,548Mercedes** 0.25 3.32 27 3.00 3.41 329 3.25 3.40 356 1.72 4.18 231South Arturo*** 2.40 1.06 81 6.82 1.03 228 9.22 1.03 309 0.76 1.03 32McCoy-Cove**** - - - 0.95 11.22 342 0.95 11.22 342 3.66 11.24 1,322Hasaga***** - - - 42.29 0.83 1,124 42.29 0.83 1,124 25.14 0.78 631TOTAL 5.50 1.29 226.5 123.96 1.54 5,457 129.46 1.54 5,684 44.03 3.35 3,764
SILVER (Ag) MEASURED RESOURCES INDICATED RESOURCES MEASURED+INDICATED RESOURCES INFERRED RESOURCES
PROPERTYTonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Tonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Tonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Tonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Greenstone* - - - - - - - - - - - -Mercedes** 0.25 51.23 417 3.00 36.94 3,564 3.25 38.05 3,981 1.72 36.11 1,997South Arturo*** - - - - - - - - - - - -McCoy-Cove**** - - - 0.95 29.53 900 0.95 29.53 900 3.66 20.89 2,457Hasaga***** - - - - - - - - - - - -TOTAL 0.25 51.23 417 3.95 35.16 4,464 4.2 36.13 4,881 5.38 25.76 4,454
GOLD (Au) PROVEN RESERVES PROBABLE RESERVES PROVEN+PROBABLE RESERVES
PROPERTYTonnes
Mt
Grade
g/t Au
Au Ounces
000's
Tonnes
Mt
Grade
g/t Au
Au Ounces
000's
Tonnes
Mt
Grade
g/t Au
Au Ounces
000's
Greenstone (Hardrock)* - - - 70.85 1.02 2,342 70.85 1.02 2,342
Mercedes** 0.19 9.01 56 3.19 3.31 339 3.38 3.63 395
South Arturo*** 1.51 3.20 155 1.34 2.79 120 2.84 3.01 275
TOTAL 1.70 3.87 211 75.38 1.15 2,783 77.08 1.21 2,994
SILVER (Ag) PROVEN RESERVES PROBABLE RESERVES PROVEN+PROBABLE RESERVES
PROPERTYTonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Tonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Tonnes
Mt
Grade
g/t Ag
Ag Ounces
000's
Greenstone (Hardrock)* - - - - - - - - -
Mercedes** 0.19 80.97 503 3.19 21.67 2,222 3.38 25.05 2,725
South Arturo*** - - - - - - - - -
TOTAL 0.19 80.97 503 3.19 21.67 2,222 3.38 25.05 2,725