The Company is not basing any decision to produce on a feasibility study of mineral reserves demonstrating economic and technical viability and also advises there is increased uncertainty and specific economic and technical risks of failure with any production decision.

Inferred mineral resources are not mineral reserves. Mineral resources, which are not mineral reserves, do not have demonstrated economic viability. There has been insufficient exploration to allow for the classification of the inferred resources tabulated as an indicated or measured mineral resource, however, it is expected that the majority of the inferred mineral resources could be upgraded to indicated mineral resources with continued exploration.

There is no guarantee that any part of these mineral resources will be converted into a mineral reserve in the future. Estimates of mineral resources may be affected by environmental, permitting, legal, marketing or other relevant issues.