RE:WDO.T + MOK.V = FinalizedThis was a good deal for both companies. Gold is already over $1400 dollars an ounce Canadian right now! Moss Lake 43-101 Ten-year minelife averaging 244,000 ounces per year ◦ Years 1 - 5 average 296,000 ounces per year ◦ Years 6 - 10 average 192,000 ounces per year • Pre-Production Capital Costs of $543 million • Operating Costs of $17.56 Cdn per tonne or $922 Cdn per ounce • Payback period - 2 years Key Assumptions • Average gold price of US$ 1,546/oz and exchange rate of 1.0033 $Cdn/1.0 $US (3-year trailing average as at May 31, 2013) • Royalty of 8.75% of Net Profit paid • Ontario Mining Tax rate 10% • Income Tax rate 26.5% (15% federal and 11.5% provincial