Last independant report summary... The unaudited condensed interim consolidated financial statements have been prepared on a going concern basis,
which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of
business for the foreseeable future. During the nine months ended September 30, 2016, the Company had a loss and
comprehensive loss of $1,516,848. As at September 30, 2016, the Company had working capital of $2,550,828 and an
accumulated deficit in the amount of $14,663,404. The Company is in the exploration stage and is subject to the risks
and challenges similar to other companies in a comparable stage of exploration.
The Company's ability to continue operations, as intended, is dependent on its ability to continue to raise adequate
financing in order to sustain ongoing expenditures and to explore and evaluate resource properties. The Company has
taken additional steps to preserve cash including deferrals to management compensation. However, there can be no
assurance that the Company will be able to obtain sufficient financing to continue its operations or to recover its
exploration and evaluation assets. Accordingly, there exists a material uncertainty that casts significant doubt about the
Company's ability to continue as a going concern.
These unaudited condensed interim consolidated financial statements do not reflect any adjustments or other changes
that may be required should the Company be unable to continue as a going concern. Such adjustments and changes
could be materia