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FOREWORD ‘Success in developing a profitable mine depends on many components, some of which can be ‘accurately measured and controlled while others require assessment and judgement in the form of, Qualitative and quantitative analysis. A Mineral Resource or Mineral Reserve ts in the latter category, despite the fact that tis the only real asset a mining or exploration company has, Itis the ‘most dificult component of project to estimate and its true quantum is never fly known unt tis gone. There are numerous examples of mine project investment decisions, made on sound fengineering and financial information that have turned out to be wrong because the head grade or reserve tonnage had been incorrectly estimated. This course provides our overview of current Best Practices and is intended to make better estimates and, hopefuly, contribute to more reliable decision making ‘The term Best Practices’ implies that @ particular process will deliver an outcome superior to the results from other methods. Some organizations use ‘Leading’ or ‘Good! instead, but the more familiar ‘Best'is used o promote a clear understanding of the course objective ‘There are five components to the definition of Best Practices as it relates to resource estimation work: 1. Superior Results: The use of methods and techniques that have consistently shown results superior to those achieved by other means. These methods and techniques should be used {3s benchmarks for which to strive. 2. Checks and Balances: The adoption of proper processes, checks, and testing will deliver ‘outcomes that will identify unforeseen problems and can be executed with a minimum of complications. 3. Industry confidence: Best Practice guidelines ensure a consistently high quality of work and tenhance the industry overall by providing investors with a reasonable level of confidence, 4. Be ready to change: There is no practice that is best for everyone ar in every situation, and no Best Practice will remain Best for very long as people find superior ways of doing things. 5, Enhance not inhibit. Best Practice guidelines should not inhibit orginal thinking or application ‘of new approaches, {At its most basic, a Mineral Resource comprises estimates of volume, grade, and density. The process involves ‘data collection, verification, interpretation, validation, and so on. The course Consists of 12 talks and provides an overview of Best Practices for most stages of an exploration ‘program, from seting up 2 drill program through to discosing resuits in a press release, Relevant topics include: managing a dil program; optimizing dill hole spacing; sampling and preparation issues; qualty control and quality assurance; establishing cut-off grades and metal equivalents, {geological interpretation and modeling; resource estimetion methods and Issues, plus regulatory issues such as the significance ofthe Qualified Person and general disclosure concerns RPA Ine March 2013 RPA AGENDA - Saturday March 2, 2013 START: 9:00am - ROOM: 7188 10:20am-10:40am 12:00pm-1:00pm 2:20pm-2:40pm END: 4:00pm Diting an Biol, RPA Logging, Sampling, Security: A Quality Perspective ‘Ghats Beauty, Xmen COFFEE BREAK ‘The Laboratory - Sample Preparation and Analysis ‘renda Caughin, ALS Geochemety ‘Quality Assurance and Quality Contr! {ynae loom, Anaicl Slitore Li LUNCH in Room 718A, ‘The Resource Database David Ross, RPA Cut-Off Grade Determination Jason Con RPA COFFEE BREAK Basic Guidelines and Principles Underiyng Geologi Mineral Resource and Mineral Reserve Estimation Mare tava, Amos Gls ne | Modeling to Support Resource Estimation en Serato, FSS Canada AGENDA - Sunday March 3, 2013 ‘START: 9:00am - ROOM: 7188 10:20am to 10:40am END: 12:00pm Geometatiurgy Karn Olson Hoa JKTech Pty Li and Colorado Schoo of ines Classification ofa Mineral Resource and Dril Hole Spacing Bi Rocce, RPA COFFEE BREAK Validating and Auciting Mineral Resource Estimates Uke Evan, RPA Disclosure Requirements and the QP (rag Wilde, Ontane Seis Commision, Biographies ‘Charles Beaudry, M-Sc., P.Geo,, gé0. President and COO met Ine. ‘Charles Beauaty is @ graduate of Ottawa U (B.Sc) in 1979 and McGill (M.Sc) 1984 in Geology. His M.Sc, thess focused on geochemisty of Archean volcanic recks near Matagami, Quebec and highlighted the importance of the Daniel fault in the geology o' the South Flank in the Matagami ‘Camp, Charles stated his professional career in uranium oxploation and want en to epend 12 years in the [Abit in exploration for gold and VMS environments fllowed by 5 years in Brazil focused on Sedex ‘and IOCG environments and returning to Canada in 2001 and moving to Toronto to become the ‘Manager of Geochemistry of Noranda. Charles spent 17 years with Noranda/Faleonbridge/Xstrata and was involved in discoveries in Matagami Bel Allard deposi), Chibougamau (Tortgny), and several promising discoveries inthe Carajas, Brazil. After leaving Xstrata in 2008, he worked in consulting fr 8 while and from early 2008 tothe end of 2009 joined lamgold as General Manager New Opportunities. Since the start of 2010 Chars is President and CEO of a junior exploration company called Xmet inc. focused on {old exploration in areas of wellendowed mining infrastructure. beaudychag@hotmal.com {an Blakley, P.Geo. Vice President & General Manager RPA UK Principal Geologist lan Blakley is Vice President and General Manager, RPA UK Lid, and is based in London, UK. He is @ Princoal Geologist with 30 years’ experience in exploration and mining geology.” lan has ‘experiance from grassroots trough to mines exploration, production operations, mineral resources land reserve estimates as well as strategic senior management backgrounds in various worldwide ‘geological vironments and regions. Following graduation from the University of Waterloo lan hed a successful two decade career with Ineo Ltd, progressing from Beat Geologist to Chief Geologist in the Manitoba Operations. As Chief Geologist, he was responsible for geological activites at three operating mines, long-term mineral resource and mineral reserve planning, management of diling programs as well 3s staff hiring, training, ard supervision. Prior to joining RPA, lan held the positon of Vice President ~ Exploration for Atynalmas Gold Ltd, 2 private company (50% owned by Ivanhoe Mines) exploring and developing world-class gold assets ‘nnorth-eastern Kazakhstan. ian blakley@rpacan.com Lynda Bloom, M.Sc. President Analytical Solutions Ltd. After earning a M.Sc. at Queen's University in 1981, Lynda Bloom gained experience as an ‘exploration geochemist planning and interpreting geochemical surveys across Canada, She hes ‘been president of the consulting company Analytical Solutions Lid. since 1985 and has worked internationally on projects ranging from stream sediment surveys to mine laboratory audits. She is ‘recognized as a world-expert on sampling, assaying and quality control. She has held management and director postions at several public companies and has a pragmatic perspective of risk and implementation, She has served as a director of the Prospectore and Developers Association of Canada since 2005 and has held numerous other volunteer board positions. nda@explorationgeachem com Brenda Caughlin, Ph.D. Vice President, Technical Services ALS Goochomistry Brenda Caughlin is responsible for technical oversight of ALS Geochemistry, This includes methods, instrumentation, quality systems, laboratory information management system and key client services. She has & degree in Engincering Chemistry from Queen's and a Ph.D. in analytical spectroscopy from University of British Columbia. Dr. Caughin was insttumental In developing the integrated laboratory management system (GEMS) and clent interface, Webtrieve, for the ALS Minerals group. Brenda has an international reputation as a geochemical expert, with over twenty {ive years of experience in the industry. Brenda Cauahlin@ALSGlobal.com Graham G. Clow, P. Eng., FCIM Chairman and Principal Mining Engineer RPA Ine. Graham Clow is President and CEO and a Principal Mining Engineer with RPA Ine. Mr. Clow led recent management buyout of RPA from URS\Scott Wilson and is responsible forall aspects of the company’s work. For clients, he specializes in due dgence work for mergers, acquisitions, and financings. He is @ senior mining executive with mare than 38 years’ experience in all aspects of mine exploration, feesibilly, finance, development, construction, operations, and closure. His lexperience ranges from the high arctic to the tropics, in base and precious metals end industrial minerals. Mr. Clow has degrees in Geology and Mining Engineering from Queen's Universit. ‘ataham clowgrpacan com ‘Jason J. Cox, P. Eng Director - Mine Engineering RPA Inc. ‘Jason Coxis Director — Mining Engineering with RPA. He has more than fifteen years of experience Inthe mining industry, both in consulting and in operations, Mt. Cox has operating experience in base metal mining in diverse environments at mines in various stages of development, from construction and star-up to closure and reclamation. His specialty is arctic mining within permafrost. Consulting experience includes work on valuations, engneering studies from scoping to feasibilty, and reporting for securities regulators, with emphasis on project ‘management, mine design, cost estimation, and financial analysis. Mr. Cox has a B.Sc. Degree in Mining Engineering from Queen's University at Kingston. He is a registered Professional Engineer in the Provinces of Ontario and Newfoundland & Labrader, and a ‘Member ofthe Canadian institute of Mining, Metallurgy and Petroleum. jason.cox@rpacan.com Luke Evans, M.Sc., P.Eng. Principal Geologist and Director, Resource Estimation RPA Ine, Luke Evans is Principal Geologist and Director, Resource Estimation with over 30 years of ‘experience including the past 18 years with RPA, Mr. Evans graduated in 198 with a BA.Sc. in mineral exploration from the University of Toronto and obtained a M.Sc. (Min. Ex) from Queen's University in 1886. He is registered as a Professional Engineer and Consulting Engineer in Ontario. He has consulted on a wide range of commodities worldwide. His experience includes. resource and reserve estimates, reviews, audits, training, geostatistical stusies, valuations. of mineral properties, due dligence, and other work. He currently supervises the resource estimation ‘and aueit team at RPA. luke evans@rpacan.com Mare Jutras, M.Sc.A., P-Eng. Director of tineral Resources Almos Gold inc. Mr, Jutras has over 28 years of experience in the field of mineral resource estimation. Prior to joining ‘Alamos Gold ine. in April 2008, Mr. Jutras has spent two years at BCGoH! Corp. as Vice-President Evaluation and worked at Barrick Gold for a year and at Placer Dome for 18 years as @ senior {geostatstician. In tis role, he has been involved in developing mineral resource estimates for pre~ feasibilty and feasibilty studies of inlemational projects. He was also involved in the auditing of mineral resources at various mine operations as well as in the reviewing process of other mineral properties. At Placer Dome he gained experience in the mineral resource estimation of precious ‘metals such as gold, siver, and the platinum group elements, 26 well a5 of base metals such as ‘copper. In the mig-1990s, Mr. Jutras was successfully involved in the development of the ‘Musselwhite property from an exploration project to a producing mine. From 1985 to 1890, he Worked for Lae Minerals atthe Doyon gold mine in northern Québee as a geologist, where he gained ‘experience in open pit and underground mining, Mr, Jutras holds @ Master's degree in geostatistics from the Ecole Polytechnique of Montréal and a Bachelors degree in geological engineering from the University of Quétee In Chicoutimi. He is a member in good standings ofthe Association of Professional Engineers and Geoscientste of British ‘Columbia and of the Order of Engineers of Québec. MJutras@alamosgold com Karin Olson Hoal, Ph.D, P.Geo “IkTech Pty Ltd and Goiorado Schoo! of Mines. iKarin Olson Hoal is a Research Professor at Colorado School of Mines, Senior Consultant for ‘IkTech Pty, and the North American consultant to AMIRA International for the Geometallurgy Roadmap. Karin is a geologist with a background in diamonds and quanttatve mineralogy and for ‘the past eight years has been engaged in developing new geomet applications through project- supported R&D. Her work is focused on integrating mineral characterisation and knowledge of forebody variabilty with process responses for reducing uncertainty and creating value. Karin Geveloped and was Director of the Advanced Mineralogy Research Center at Colorado Schoo! of Mines and she has worked for JKTech, Hazen Research, Rio Tinto Namibia, the University of Cape ‘Town, Asarco and the NY State Geological Survey. She has degrees from St Lawrence University, ‘McGil University, and the University of Massachusetts. k olsonhoal@iktech com.au William E, Roscoe, Ph.D.,P.Eng. Chairman and Principal Geologist RPAInc. Bil Roscoe is @ Principal Geologist and Chairman Emeritus of RPA Inc., which he co-founded in 4985. Among the services he provides are mineral resource and mineral reserve work and valuation of mineral properties. He has over 40 years of experience in exploration, mine geology, ‘and consulting Dr. Rosooe has a B Se. Eng.) from Queen's University and M.Sc. and Ph.D. degrees in Geological Sciences ffom McGill University. He is registered as a Professional Engineer in Ontario and British Columbia and has published extensively on valuation of mineral properties, mineral resources and reserves, and economic geology. wiliam.roscoe@rpacan.com David Ross, M.Sc., P.Geo. Principal Geologist RPA Inc, David Ross is @ Principal Geologist with more than fitesn years mineral exploration experience in a variety of commodities and deposit types. His field experience includes grassroots through to dril- lage in Canada, Indonesia, Mongolia, Chile, and Mexico, Prior to joining RPA in 2008, he worked for several large-cap and junior mining companies at various stages of the exploration and development. At RPA, David is focused on mineral resource estimation and modeling, due diigence reviews and independent NI 43-101 reports, David has a B.Sc. degree in Geology from Carleton University, Ottawe, and M.Se. degree in Mineral Exploration from Queen's University, Kingston, Canada. He is registered as a Professional geologist inthe province of Ontario, david ross@rpacan.com SSSCCSCCCT SSE SS SHCSCHCHSFSTHSESFHSFSGSHGSEGCSCOCOECSTUCSTGCS Mohan Srivastava, M.Sc.,P.Geo. Goostatitical Consultant FSS Canada Mo Srivastava is a geostatistical consultant with more than 30 years of experience in resource evaluation. He has a Bachelor's degree in Earth Sciences from MIT, and a Master's degree in Geostatstics from Stanford University. Mr. Srivastava is one of the feunding partners of the FSS International group of companies, and manages the FSS Canada office in Toronto, where his work includes: resourcelreserve estimation for mineral projects, NI 43-101 technical reports, expert witness advice and testimony, short courses and development of specalized software for resource ‘evaluation and risk assessment. He has authored more than 50 technical articles on geostatistics, ‘and is a co-author of the most widely used introductory textbook on applied geostatistics. iv fesconsultan Craig Waldie, M.Sc., P.Geo. Senior Geologist Ontario Securities Commission Craig Wald isa senior geologist with the Ontario Securities Commission and specializes in NI 43- 101 compliance reviews of prospectuses, technical reports and other regulatory flings of mining companies. Craig worked on the recent revision of NI 43-101 Standards of Disclosure for Mineral Projects and on CSA Staff Notice 43-307 Mining Technical Reports - Preliminary Economic ‘Assessments. Prior to joining the Commission in 2006, Craig spent over 20 years inthe mineral exploration and ‘mining industry working domestically and internationally for multinational resource companies and _38 VP Exploration for several junior mining companies. Craig obtained his B.Sc. in Earth Science {rom the University of Waterloo and his M.Sc. in Mineral Exploration from Queen's University and is ‘a registered Professional Geoscienlst in Ontario, cwaldie@ose.gov.on.ca RPA Best Practices — Drilling From the Core Barrel to @ Mineral Resource Esti Best Practices with Special Emphasis AGENDA RPA + Context or Best Practices in Dang Types of ring and Aplications. + Program Definition & Hole Layout + Diamond Oni Contracts ‘Sofety' Environmental Social Impact. + Ste Selection and Set-Up. + Directional Dring + Suneying + Other Considerations —Low Grade / Geotechnical lees | Uranium Explortior + End of Hole Best Practices Context for Dri atime coreuring Best Practices Context for Driling > J . > > » » » Drill Set-Up RPA ‘rus be eriifed and ol used he program Directional Drilling <_RPA Drctional iag as any hole that is ila fit a spec bse Wes ot euvoy sth +The lop he hole fe te most po 1° Directional Drilling - Hole Design

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