<SEC-DOCUMENT>0001193125-13-276594.txt : 20131122
<SEC-HEADER>0001193125-13-276594.hdr.sgml : 20131122
<ACCEPTANCE-DATETIME>20130628123600
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001193125-13-276594
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		4
FILED AS OF DATE:		20130628

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BARRICK GOLD CORP
		CENTRAL INDEX KEY:			0000756894
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		BCE PLACE, CANADA TRUST TOWER
		STREET 2:		161 BAY STREET SUITE 3700
		CITY:			TORONTO ONTARIO CANA
		STATE:			A6
		ZIP:			M5J2S1
		BUSINESS PHONE:		4163077470

	MAIL ADDRESS:	
		STREET 1:		BCE PLACE, CANADA TRUST TOWER
		STREET 2:		P O BOX 212 TORONTO
		CITY:			ONTARIO M5J2S1
		STATE:			A6
		ZIP:			M5J2S1

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BARRICK RESOURCES CORP
		DATE OF NAME CHANGE:	19860109
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML><HEAD>
<TITLE>CORRESP</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD></TR>


<TR>
<TD VALIGN="top">


<IMG SRC="g560814g75n06.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">B<SMALL>ARRICK</SMALL> G<SMALL>OLD</SMALL> C<SMALL>ORPORATION</SMALL></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="1">BCE Place, Canada Trust Tower</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Suite 3700, 161 Bay Street</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">P.O. Box 212</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Toronto, Ontario M5J 2S1</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Canada</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Tel:&nbsp;416.861.9911</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Fax&nbsp;:&nbsp;416.861.8243</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;28, 2013 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>BY EDGAR </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities and Exchange Commission </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Division of Corporation Finance </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">100 F Street,
N.E. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Washington, D.C. 20549-4628 </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="90%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Attention:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Tia L. Jenkins</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Assistant Chief Accountant,</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Office of Beverages, Apparel, and Mining</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities and Exchange Commission</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Barrick Gold Corporation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 40-F for Year Ended December&nbsp;31, 2012 </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Filed March&nbsp;28, 2013 </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">File No.&nbsp;001-09059 </FONT></TD></TR></TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Dear Ms.&nbsp;Jenkins:
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">We hereby acknowledge receipt of the comment letter dated June&nbsp;6, 2013 (the &#147;Comment Letter&#148;) from the Staff of the Securities
and Exchange Commission (the &#147;Commission&#148;) concerning the above captioned Annual Report on Form 40-F for the fiscal year ended December&nbsp;31, 2012 (the &#147;40-F&#148;). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">We submit this letter in response to the Comment Letter. For ease of reference, we have reproduced the text of the comments in bold-face type below, followed by our responses. Terms used but not defined
herein have the meanings set forth in the 40-F. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>RESPONSES TO STAFF COMMENTS </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>Form 40-F for the Fiscal Year Ended December&nbsp;31, 2012 </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Exhibit 99.3
&#150; Financial Statements </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Notes to Financial Statements </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>2. Significant Accounting Policies </U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>L) Production Stage, page 84
</U></B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Your accounting policy indicates that exploration and evaluation expenditures are capitalized if they meet the criteria for capitalization after a mine construction
project is moved into the production stage. Please provide us with a detailed discussion of the types of exploration and evaluation expenditures that met the capitalization criteria during the production stage and provide the amounts that were
capitalized in 2012 and 2011. Please tell us how your accounting treatment is consistent with paragraph 5(b) of IFRS 6. </B></FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Response: It is common in the mining industry that additional resource development costs will be incurred to convert existing mineral resources to
mineral reserves and further delineate the entire ore body for commercial exploitation even after a mine construction project has moved into the production stage. These costs generally consist of drilling at closer spacing within the existing proven
and probable reserves and/or within the known resources that are in close proximity to the reserves and are probable of being converted to proven and probable reserves based on our existing understanding of the ore body. The exploitation of this
additional mineralization was not required in order to demonstrate the commercial feasibility of the project and make a construction decision, but is undertaken either to convert existing resources to proven and probable reserves or to enhance our
understanding of the proven and probable reserves and our confidence in the projection of estimated future cash flows that are expected to be generated from the entire ore body as reflected in our life of mine plans. </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We acknowledge that IFRS 6 does not apply to exploration and evaluation expenditures incurred at a mine in the production stage as noted in paragraph
5(b) of the same. However, it is important to note that these expenditures that are eligible for capitalization under our accounting policy are described as exploration and evaluation expenditures are akin to mine development expenditures.
Consequently, this type of expenditure meets the definition of an asset as defined by the IFRS Conceptual Framework (paragraph 4.4): </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>An asset is a resource controlled by the entity as a result of past events and from which future economic benefits are expected to flow to the entity. </I></FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is also consistent with the recognition requirements of PP&amp;E as defined in IAS 16 (paragraph 7): </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The cost of an item of property, plant and equipment shall be recognized as an asset if, and only if: </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>(a) it is probable that the future economic benefits associated with the item will flow to the entity; and </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>(b) the cost of the item can be measured reliably. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 2
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The exploration and evaluation expenditures outlined above allow us to increase the value of a mine by
increasing proven and probable reserves and enhancing our understanding of the ore body, which is critical to developing an accurate life of mine plan. Therefore, we believe these expenditures provide future economic benefits that will flow to
Barrick, and consequently meet the definition of an asset under IFRS. </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We undertake this type of additional resource development
activity at all of our operating mines. In 2012, $226 million (2011: $133 million) of such mine development costs met the definition of an asset under IFRS and were capitalized as mine development expenditures for the reasons set forth above. These
costs were primarily related to in-fill drilling (closer spacing) and the related assay work that is necessary to convert resources into proven and probable reserves or to further delineate proven and probable reserves for mine planning purposes.
</I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We are also aware that the Mining Industry Working Group prepared a white paper on accounting for resource development, which was
shared with the Commission in 2007. This white paper concluded that it was appropriate to capitalize resource development costs as an asset under both US&nbsp;GAAP and IFRS, which supports our technical position noted above. We are not aware of any
amendments to the relevant standards that would cause us to reconsider this conclusion. The Mining Industry Working Group white paper is attached as Appendix A for your reference. </I></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>Exhibit 99.4 &#150; Management&#146;s Discussion and Analysis </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Non-GAAP
Financial Performance Measures </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Total Cash Costs per ounce, C1 Cash Costs per pound, C3 Fully Allocated Costs per pound and
All-in Sustaining Cash Costs per ounce, page 62 </U></B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>2.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>We note that you include &#147;non-recurring tax payments&#148; as a reconciling item in calculating each of the adjusted operating cash flow, adjusted operating
cash flow before working capital changes, and free cash flow non-IFRS measures. Please explain the nature of these non-recurring tax payments, whether they are reasonably likely to recur within two years and whether there was a similar charge or
gain within the prior two years. Please refer to Item&nbsp;10(e)(1)(ii)(B) of Regulation S-K. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Response: The adjusting
item in question relates to a provisional tax payment of $52 million relating to a disagreement on the tax depreciation calculation methodology for one of our Peruvian subsidiaries for the years 2001-2003. There were no similar charges or gains
within the preceding two years. We do not expect that a similar payment is reasonably likely to recur in the coming two years because the provisional tax payment in Peru was related to an unusual, specific tax case, and we have no other such
situations under contest at the current time that we deem similar. Because the provisional tax payment in Peru was recorded as an operating cash outflow in 2012, but was not related to current operations, we believe it was appropriate to remove this
amount for purposes of calculating adjusted operating cash flow, adjusted operating cash flow before working capital changes, and free cash flow in order to provide more meaningful cash flow measures for investors and analysts to evaluate our
performance in the period and assess our future cash flow generating capability. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 3
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>As you are aware, Barrick files its Form 40-F under the U.S./Canada Multijurisdictional Disclosure System
(&#147;MJDS&#148;) and we apply the guidance of CSA 52-306 &#147;Non-GAAP Financial Measures and Additional GAAP Measures&#148; (&#147;the CSA Guidance&#148;) to our disclosure. We believe Barrick&#146;s Annual Information Form (&#147;AIF&#148;) is
in compliance with the CSA Guidance which includes provisions similar to the requirements under Regulation S-K. </I></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>3.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>In future filings, please expand your disclosure on page 62 to include a brief description of the World Gold Council (&#147;WGC&#148;) to enhance an investor&#146;s
understanding of this organization, its operations, and its role in defining the all-in sustaining cash costs non-IFRS measure. In your revised disclosure, please explicitly state that WGC is not a regulatory industry organization, and clarify your
relationship with WGC, if any. Please provide us with draft disclosure of your planned revisions. </B></FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>4.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>We note your inclusion of the non-IFRS measure All-In Sustaining Cash Costs per ounce. In future filings, please: </B></FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>Clarify why this measure is meant to provide more or better information about the costs of producing gold than an IFRS-derived measure (e.g.,
cost of revenue) </B></FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>Clarify the nature and method of calculating each of the adjustments made to total cash costs to arrive at this measure (i.e. sustaining
capital expenditures, corporate general and administrative costs, mine site exploration and evaluation costs and environmental rehabilitation costs). Explain also whether each adjustment can be determined from one or more income statement line
items. </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Please provide us with draft disclosure of your planned changes. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Response: We believe that questions 3 and 4 are similar in nature as they both relate to Barrick&#146;s adoption of the new non-GAAP measure of all-in
sustaining costs. Accordingly, we have combined our responses to these questions in a single response below. </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>On June&nbsp;27, 2013,
the World Gold Council (&#147;WGC&#148;) published its approved definition of all-in sustaining costs. The WGC definition creates a standard for the gold industry and should standardize the calculation being used by gold producing companies and
industry analysts. As disclosed in our Management&#146;s Discussion&nbsp;&amp; Analysis (&#147;MD&amp;A&#148;) for the year ended December&nbsp;31, 2012, we have always expected to conform our calculation and disclosure to the definition ultimately
approved by the WGC. What follows is a draft of the relevant disclosure that we expect to include in our MD&amp;A for the period ended June&nbsp;30, 2013. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 4
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>&#147;Beginning with our 2012 Annual Report, we adopted a non-GAAP &#147;all-in sustaining cash cost per
ounce&#148; measure. This was based on the expectation that the World Gold Council (&#147;WGC&#148;) (a market development organization for the gold industry made up of and funded by 18 gold mining companies from around the world, including Barrick)
was developing a similar metric and that investors and industry analysts were interested in a measure that better represented the total recurring costs associated with producing gold. In June 2013, the WGC published its approved definition of
&#147;all-in sustaining costs&#148; and also a definition of &#147;all-in costs.&#148; The WGC is not a regulatory organization and Barrick is voluntarily adopting the definition of these two metrics starting with this MD&amp;A. </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The &#147;all-in sustaining costs&#148; measure is consistent with our presentation in previous MD&amp;As and there are no material changes to the
calculation. The new &#147;all-in costs&#148; measure starts with &#147;all-in sustaining costs&#148; and adds non-sustaining capital expenditures, which are substantially all capital expenditures that do not form part of &#147;all-in sustaining
costs.&#148; Non-sustaining costs are those costs incurred at new operations and costs related to &#145;major projects&#146; at existing operations where these projects will materially increase production. This definition recognizes that there are
different costs associated with the life-cycle of a mine and that it is therefore appropriate to distinguish between sustaining and non-sustaining costs. &#147;All-in costs&#148; also includes other costs not related to current operations.
</I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We believe that both of these new measures will better meet the needs of analysts, investors and other stakeholders of Barrick in
assessing our operating performance, our ability to generate free cash flow from current operations and to generate free cash flow on an overall company basis. This is due to the fact that cost of sales includes depreciation of all historical
capital expenditures related to a mine, but does not include the ongoing cash outlays on items which meet the criteria for capitalization and that are necessary either to sustain current production levels or add growth to our current production
levels. Due to the capital intensive nature of the industry and the long useful lives over which these items are depreciated, there can be a disconnect between net earnings calculated in accordance with IFRS and the amount of free cash flow that is
being generated by a mine. In the current market environment for gold mining equities, many investors and analysts are more focused on the ability of gold mining companies to generate free cash flow from current operations, and consequently we
believe these measures are useful non-GAAP operating metrics and supplement our IFRS disclosures. These measures are not representative of all of our cash expenditures as they do not include income tax payments, interest costs or dividend payments.
&#147;All-in sustaining costs&#148; and &#147;all-in costs&#148; are intended to provide additional information only and do not have standardized definitions under IFRS and should not be considered in isolation or as a substitute for measures of
performance prepared in accordance with IFRS. These measures are not necessarily indicative of operating profit or cash flow from operations as determined under IFRS. Although the WGC has published a standardized definition, other companies may
calculate these measures differently. The following table reconciles these non-GAAP measures to the most directly comparable IFRS measures.&#148; </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 5
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="72%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="88%"></TD>
<TD VALIGN="bottom" WIDTH="8%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>($ millions, except per ounce information in dollars)</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD COLSPAN="2" VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000">&nbsp;<FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>For the period ended June&nbsp;30</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>2013</B></FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Cost of sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Cost of sales applicable to non-controlling interests</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Cost of sales applicable to ore purchase arrangement</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Other metal sales</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Realized non-hedge gains/losses on fuel hedges</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Treatment and refinement charges</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Depreciation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Impact of Barrick Energy</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Total cash cost of sales</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">General&nbsp;&amp; administrative costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Corporate social responsibility costs related to current operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rehabilitation &#150; accretion and amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mine on-site exploration and evaluation costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mine development expenditures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sustaining capital expenditures</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">All-in sustaining costs</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rehabilitation &#150; accretion and amortization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Corporate social responsibility costs not related to current operations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Non-sustaining capital expenditures</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Project A</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Project B</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:5.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Project C</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">All-in costs</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ounces sold &#150; consolidated basis (000s ounces)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ounces sold &#150; non-controlling interest (000s ounces)</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">(XX</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">)&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ounces sold &#150; equity basis (000s ounces)</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">X,XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Total cash costs per ounce</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">All-in sustaining costs per ounce</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="5"></TD>
<TD HEIGHT="5" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">All-in costs per ounce</FONT></P></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">$</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">XXX</FONT></TD>
<TD NOWRAP VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Please note that we will provide sufficient detail in our interim consolidated financial statements for the period
ended June&nbsp;30, 2013 and the above MD&amp;A reconciliation to allow readers to understand where the material amounts are derived from either our Statement of Income or our Statement of Cash Flows. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 6
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>We note in your calculation of the non-IFRS measures C1 cash cost of sales and C3 fully allocated cost of sales on page 65, you adjust for &#147;non-routine
charges&#148; to arrive at such measures. Please explain the nature of these non-routine charges, whether they are reasonably likely to recur within two years, and whether there was a similar charge within the prior two years. Please refer to
Item&nbsp;10(e)(1)(ii)(B) of Regulation S-K. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Response: In 2012, we began using C1 cash cost per pound and C3 fully
allocated cost per pound to enable investors to better understand the performance of our global copper segment in comparison to other copper producers who present results on a similar basis. Our calculation was based on a methodology which we
believe to be a common standard for base metal producers. This methodology indicates that extraordinary charges should be included in C3 fully allocated cost per pound and was the basis for making the two adjustments noted in your question. While we
note there is no formal definition of &#147;non-routine charges&#148; or what is considered &#147;similar&#148; in the methodology, we do consider the requirements of the CSA Guidance when applying the methodology. </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In 2011, the amount of $34 million relates to the fair value increments recorded on copper inventory purchased as part of the Equinox Minerals Limited
acquisition completed in June 2011. As required by IFRS 3R, we remeasured our work-in-progress inventory to net realizable value less the costs to complete and a reasonable profit allowance. As this inventory was completed and sold, we recognized
this remeasured value in cost of sales, but do not believe it was indicative of the usual costs of producing copper. As such, we adjusted for this amount in our calculation of C1 cash cost of sales to provide a more predictive indication of the cost
of producing copper. It was then added back in to calculation of C3 fully allocated cost of sales as that measure is intended to reflect all costs associated with operating our global copper segment. </I></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In 2012, the amount of $62 million relates to net realizable value write-downs recorded on copper inventory as we experienced a period of high costs
at our Lumwana mine while we were in the process of transitioning from the original Malundwe deposit to a new open pit (the Chimiwungo deposit). As required by IAS 2, we remeasure our inventory to the lower of cost and net realizable value,
recognizing any write-down in cost of sales immediately. As these charges do not relate to copper that was sold during the period, we do not believe it was indicative of the usual costs of producing copper. As such, we adjusted for this amount in
our calculation of C1 cash cost of sales to provide a more predictive indication of the cost of producing copper. It was then added back in to calculation of C3 fully allocated cost of sales as that measure is intended to reflect all costs
associated with operating our global copper segment. </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>We have not had any similar items in the preceding two years, nor do we expect
that similar items are reasonably likely to recur in the coming two years based on the information we have at this time. We believe it was appropriate to adjust these amounts for the purposes of calculating C1 cash cost of sales and C3 fully
allocated cost of sales to provide more meaningful measures for investors and analysts to evaluate the performance of our global copper segment on an ongoing basis. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 7
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Also, as noted in our response to question 2 above, Barrick files its Form 40-F under the MJDS and we
believe that our AIF is in compliance with the CSA Guidance, which includes provisions similar to the requirements under Regulation S-K. </I></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>6.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>We note the reconciliation of costs of sales to cash costs per ounce for gold and for copper include the deduction of &#147;other metal sales.&#148; In calculating
these non-GAAP measures, we believe the reduction for by-product revenues is not appropriate because it distorts your actual production costs. In this regard, your presentation suggests you incurred lower mining costs for gold and copper than you
actually did. We can appreciate your desire to convey the notion that by-product revenues were sufficient to offset your costs to a degree; however, you should consider describing that in a manner so as to avoid adjusting for these items in the
calculation of the non-GAAP measures. We believe the significance of by-product revenues can be described textually in a manner that investors can understand without adjusting for them in the non-GAAP measures. Please confirm you will make this
adjustment in any amended or future filings, as appropriate, on Form 40-F, and provide us with draft disclosure of your planned changes. </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Response: By-products, by their definition, are incidental to the production of a primary metal. At Barrick, most of our mines produce very small amounts of silver and copper along with the gold. These
by-products total 1.1% of total revenue and 2.2% of cost of sales at our gold mines. As gold is our primary product, we present a total cash cost per ounce calculation to allow investors to understand our cash operating cost on a per-ounce basis and
allow them to compare our performance with other gold mining companies. We believe that it is standard industry practice, starting with the Gold Institute&#146;s cash cost standard in the 1990&#146;s and confirmed once again with the just-released
WGC definitions of all-in sustaining costs and all-in costs, that by-product revenues should be deducted from cost of sales when calculating a cash operating cost per gold ounce metric. This is consistent with the presentation of other US-listed
gold mining companies including Newmont Mining Corporation, Goldcorp Inc., Anglogold Ashanti Limited and Agnico Eagle Mines Limited. We would note that we present by-product revenue as revenue on the Statement of Income and that our cash cost per
ounce reconciliation begins with cost of sales, which do not reflect any reduction for by-product revenues. As cost of sales is presented, we believe we are not distorting our actual production costs and if we were to exclude by-product revenues
from our calculation and describe the impact textually, we believe it would lead to a lack of comparability with our industry peers. We also believe that a tabular presentation is more effective than a narrative one. As by-product revenue is one of
the specifically identified items in the reconciliation, we believe that if investors wanted to exclude them from the cash cost per ounce calculation, the information is presented in a manner to allow them to do so. As such, we do not believe that
it is necessary to adjust either our calculation or our disclosures surrounding this non-GAAP measure. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 8
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>C<SMALL>LOSING</SMALL> C<SMALL>OMMENTS</SMALL></U><SMALL></SMALL> </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>In responding to our comments, please provide, in writing, a statement from the company acknowledging that: </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>the company is responsible for the adequacy and accuracy of the disclosure in the filing; </B></FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>staff comments or changes to disclosure in response to staff comments do not foreclose the Commission from taking any action with respect to
the filing; and </B></FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#149;</B></FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>the company may not assert staff comments as a defense in any proceeding initiated by the Commission or any person under the federal
securities laws of the United States. </B></FONT></P></TD></TR></TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Response: </I>Attached as Appendix B to this letter is the requested
statement. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">***** </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">We appreciate your assistance in reviewing this response letter. Please direct all questions or comments regarding this filing to the undersigned at
(416)&nbsp;307-7224. </FONT></P> <P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="42%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="98%"></TD></TR>


<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sincerely,</FONT></TD></TR>
<TR>
<TD HEIGHT="24"></TD></TR>
<TR>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Ammar Al-Joundi</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ammar Al-Joundi</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice-President and Chief Financial Officer</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Barrick Gold Corporation</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:24px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">c.c.:</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Jamie C. Sokalsky, Chief Executive Officer, Barrick Gold Corporation </FONT></TD></TR></TABLE> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Sybil E. Veenman, Senior Vice President and General Counsel, Barrick Gold Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Audit Committee, Barrick Gold Corporation </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Serge Gattesco, PricewaterhouseCoopers
LLP </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 9
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px">


<IMG SRC="g560814g11w29.jpg" ALT="LOGO">
 </P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>APPENDIX A </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mining Industry Working Group White Paper </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>ACCOUNTING FOR RESOURCE DEVELOPMENT COSTS AT A PRODUCING </U></B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>MINE OR A DEVELOPMENT STAGE PROJECT WITH PROVEN AND </U></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B><U>PROBABLE RESERVES </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>INTRODUCTION TO THE MINING INDUSTRY
POSITION PAPER </U></B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The mining industry incurs significant expenditures in exploring for and developing Mineral Reserves. Exploration
efforts often result in the identification of mineral deposits and, after further expenditures, may result in the conversion of such deposits to Mineral Resources and/or Mineral Reserves. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Guidelines for the public reporting of Proven and Probable Reserves are provided by the Securities and Exchange Commission (the SEC) in SEC Industry Guide 7, Description of Property by Issuers Engaged or
to be Engaged in Significant Mining Operations. Clarifying guidance is provided by SEC comment letters and other authoritative forums. The Society for Mining, Metallurgy, and Exploration, Inc. (the SME) provides additional guidelines for the
reporting of Mineral Resources and Mineral Reserves that are not addressed by SEC in Industry Guide 7. For public reporting purposes in the United States, the initial conversion of a Mineral Resource to a Mineral Reserve requires the completion of a
final feasibility study wherein modifying factors such as mining methods, metallurgical, economic, legal, environmental, social and governmental factors are considered. Subsequent conversion at operating mines or projects with existing Mineral
Reserves requires at least a detailed mine plan, as well as the modifying factors. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mineral Resources and Mineral Reserves are defined by the
SME as follows: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">An &#145;<U>Inferred Mineral Resource</U>&#146; is that part of a Mineral Resource for which the overall tonnages, grades and mineral contents can be
estimated with a reasonable level of confidence. It is based on geological evidence and apparent geological and grade continuity after applying economic parameters. It is derived from information gathered through appropriate techniques from
locations such as outcrops, trenches, pits, workings and drill holes, and which in some way is limited or of uncertain quality and reliability. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral
Resource. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">An &#145;<U>Indicated Mineral Resource</U>&#146; is that part of a Mineral Resource for which overall tonnages, densities, shapes, physical
characteristics, grades and mineral contents can be estimated with high levels of confidence, and local tonnages, densities, shapes, physical characteristics, grades and mineral contents can be estimated with reasonable levels of confidence. An
Indicated Mineral Resource is based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings, and drill holes. The
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 2 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="8%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top"> <P><FONT STYLE="font-family:Times New Roman" SIZE="2">
locations are too widely or inappropriately spaced to confirm geological continuity and grade continuity but are spaced closely enough for continuity to be assumed. An Indicated Mineral Resource
has a lower level of confidence than that applying to a Measured Mineral Resource, but has a higher level of confidence than that applying to an Inferred Mineral Resource. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Measured Mineral Resource</U>&#146; is that part of a Mineral Resource for which both overall and local tonnages, densities, shapes,
physical characteristics, grades and mineral contents can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings, and drill holes. The locations are spaced closely enough to confirm geological and grade continuity. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Probable Mineral Reserve</U>&#146; is the economically mineable part of an Indicated and, in some circumstances, Measured Mineral Resource.
It includes diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments and studies have been carried out, and include consideration of and modification by realistically assumed mining,
metallurgical, economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Proven Mineral Reserve</U>&#146; is the economically mineable part of a Measured Mineral Resource. It includes diluting materials and
allowances for losses which may occur when the material is mined. Appropriately detailed assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing,
legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction is reasonably justified. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">See APPENDIX 1 for a complete version of the SME guidelines for Mineral Resources and Reserves. These definitions and the relationship between Mineral Resources and Mineral Reserves as illustrated in the
following chart are generally consistent with other international guidelines. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 3 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Figure 1 &#150; General Relationship between Exploration Results, Mineral Resources and Mineral Reserves
</B></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">


<IMG SRC="g560814image-001.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Under United States Generally Accepted Accounting Principles (US GAAP), all costs incurred prior to the initial
establishment of Proven and Probable Reserves are expensed as exploration expenditures. Upon the determination of initial Proven and Probable Reserves, costs incurred in developing the mining complex, including but not limited to the construction of
infrastructure, development of open pit or underground mine access, installation of shafts and ventilation, removal of overburden, etc., are capitalized as property, plant and mine development costs. Additional Mineral Resources (any combination of
Measured, Indicated and Inferred) may exist at a mine and at a development </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 4 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
stage property after initial Proven and Probable Reserves have been determined. Further drilling and related costs will be incurred to increase or replace the initial Proven and Probable Reserves
over the life of the mine/property. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Due to the possibility of diversity in practice as to the accounting principles adopted for drilling and
other related costs required to convert Mineral Resources to Mineral Reserves at the mine/property, the mining companies which comprise the Mining Industry Working Group (Working Group) are submitting this issue to the Securities and Exchange
Commission for its consideration. See APPENDIX II for members of the Mining Industry Working Group. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">References: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">FASB Statement of Financial Accounting Concepts No.&nbsp;6, Elements of Financial Statements (CON 6) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">International Financial Reporting Standards (IFRS) 6, Exploration for and Evaluation of Mineral Resources (IFRS 6) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">FASB News Releases Regarding a Roadmap for Convergence between IFRSs and US&nbsp;GAAP, February&nbsp;27, 2006 </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">EITF 04-3: Mining Assets: Impairment and Business Combinations (EITF 04-3) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">EITF Issue No.&nbsp;04-3: Mining Assets: Impairment and Business Combinations, Working Group Report No.&nbsp;1 (Working Group Report No.&nbsp;1)
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">International Accounting Standards Board Framework (IASB Framework) </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">7.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Energy, Utilities&nbsp;&amp; Mining, Financial reporting in the mining industry, International Financial Reporting Standards, June 2007, published by
PricewaterhouseCoopers (Financial Reporting in the Mining Industry) </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">SEC Industry Guide 7, Description of Property by Issuers Engaged or to be Engaged in Significant Mining Operations (Industry Guide 7) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">9.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The 2007 SME Guide for Reporting Exploration Results, Mineral Resources, and Mineral Reserves (The 2007 SME Guide) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">IASB Research Project Re: Financial Reporting Issues Associated With Reserves and Resources </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">11.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Information for Observers from the IASB meeting on the Extractive Activities Research project, 14&nbsp;March 2008 (March 2008 IASB Meeting) </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">12.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Information for Observers from the IASB meeting on the Extractive Activities Research project, 20&nbsp;June 2008 (June 2008 IASB Meeting) </FONT></TD></TR></TABLE>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ISSUE</B> </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Should drilling and related
costs to upgrade Measured, Indicated, and Inferred Mineral Resources to Proven and Probable Ore Reserves (&#147;Conversion Costs&#148;) at production and development stage properties with Proven and Probable Reserves (i.e. properties for which final
feasibility studies have been completed) be expensed or capitalized? </B></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 5 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>DISCUSSION </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>VIEW A: Conversion Costs incurred at production and development stage properties to upgrade Mineral Resources to Proven and Probable Ore Reserves should be capitalized as development costs. Conversion
Costs that are capitalized should be limited to those expenditures related to Mineral Resources that will be expected to be processed using the same infrastructure supporting the existing Proven and Probable Reserves. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Con 6 discusses the definitions of the elements of financial statements and the Working Group believes that the three criteria for the definition of an
asset under CON 6 are satisfied by Conversion Costs. They point to paragraph 26 of CON 6, which defines the essential characteristics of assets as follows: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">it embodies a probable future benefit that involves a capacity, singly or in combination with other assets, to contribute directly or indirectly to future net cash
inflows, </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">a particular entity can obtain the benefit and control others&#146; access to it, and </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">the transaction or event giving rise to the entity&#146;s right to or control of the benefit has already occurred. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Proponents of View A believe that criteria (b)&nbsp;and (c)&nbsp;are clearly met at production and development stage properties since ownership of
mineral rights exists. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">With regard to criteria (a), they believe that the decision to capitalize Conversion Costs should be based upon
supportable evidence of probable</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> future benefit. Examples
of supportable evidence include one or more of the following, but are not limited to: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Geology</I>: Geological confidence exists to support the current Mineral Resource category; </FONT></TD></TR></TABLE>
<P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Footnote 18 in CON 6 states: <I>&#147;Probable is used with its usual general meaning, rather than in a specific accounting or technical sense (such as that in FASB
Statement No.&nbsp;5, Accounting for Contingencies, par 3.), and refers to that which can reasonably be expected or believed on the basis of available evidence or logic but is neither certain nor proved. Its inclusion in the definition is intended
to acknowledge that business and other economic activities occur in an environment characterized by uncertainty in which few outcomes are certain</I>.<I>&#148;</I> </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 6 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>(b)</I></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I></I><I>Mine Plan:</I> A mine plan has been developed that demonstrates that the Mineral Resources can be mined and management has made the decision to convert the
resource to a reserve; </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Technical and economic studies</I>: The studies demonstrate a positive commercial outcome after incorporation of all capital, operating and other required
assumptions into the business planning processes that have identifiable production profiles and cash flows. </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The fact that the
Modifying Factors identified in Figure 1 on page 3 have been considered (based upon completion of the final feasibility study for the initial conversion of Mineral Resources to Mineral Reserves) further supports the capitalization of Conversion
Costs. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Additionally, on Page 12 of Financial Reporting in the Mining Industry, there is guidance within the IASB framework for when it may be
appropriate to capitalize exploration costs and recognize an asset at a mining property as follows: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">around an existing mine or ore body, where the entity has substantial knowledge about the mineral deposit and has constructed the infrastructure and/or processing
facilities needed to exploit the additional reserves the entity expects to find; or </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">in an area with a proven history of converting resources to reserves </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">View A proponents maintain that capitalizing Conversion Costs after considering the supportable evidence of probable future benefit in (a)&nbsp;through (c)&nbsp;above is consistent with the definition of
an asset in CON 6. A positive assessment of the probable future benefit and the identification and determination of future cash flows can be made notwithstanding that additional information and activities may be required to convert the Mineral
Resources to Mineral Reserves. Further, the assertion that Conversion Costs meet the probable future benefit test is consistent with the recommendations in The Working Group Report No.1 with respect to the recognition of tangible value attributable
to Mineral Resources, defined as value beyond Proven and Probable Reserves, or VBPP, in a purchase price allocation. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">View A proponents note
that the capitalization of expenditures for Conversion Costs is consistent with the principles contained in International Accounting Standards. Paragraph 49 of The IASB Framework defines an asset as &#147;a resource controlled by the entity as a
result of past events and from which economic benefits are expected to flow to the entity&#148;. This is consistent with CON 6, which states in paragraph 89 that, &#147;an asset is recognized in the balance sheet when it is probable that the future
economic benefits will flow to the entity and the asset has a cost or value that can be measured reliably.&#148; Proponents of View A believe that the FASB&#146;s support of US&nbsp;GAAP convergence with International Financial Reporting Standards
provides further rationale for asset recognition related to Conversion Costs. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 7 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Further, View A proponents note that the discussions by the IASB at its Extractive Activities research
project meetings regarding the characteristics of the unit of account are supported by the discussions in (a)&nbsp;&#147;Geology&#148; and (b)&nbsp;&#147;Mine Plan&#148; and page 12 of Financial Reporting in the Mining Industry, all referenced
above. Specifically, paragraph 102 of the June 2008 IASB Meeting states: &#147;In practice, the project team considers that he geographic dimension of a unit of account for reserves asset would usually be expected to be a single mine or field&#148;.
As clarification of the meaning of reserves asset, paragraph 96 of the June 2008 IASB meeting states: &#147;The classifications of reserves and resources (e.g. proved reserves, probably reserves) to be accounted for is not considered to be a unit of
account issue. This is because the reserve and resource classifications do not represent different &#147;items&#148; &#150; they are different estimates of the same item, being the in-place minerals or oil&nbsp;&amp; gas, which are referred to in
this paper as the reserves asset.&#148; Proponents of View A understand that the discussions from the June 2008 IASB Meeting do not represent the official position of the IASB. However, View A proponents believe that such discussions are consistent
with and support the capitalization of Conversion Costs as discussed herein. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In summary, the conceptual frameworks under the FASB and IASB
support the recognition of Conversion Costs as an asset when certain technical and economic criteria are met. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>VIEW B: Conversion Costs
incurred at production and development stage properties to upgrade mineral resources to Proven and Probable Ore Reserves should be expensed as incurred. </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Proponents of View B believe that to capitalize Conversion Costs is inconsistent with FASB Concepts Statement No.&nbsp;6 regarding the definition of an asset in paragraph 26 of CON 6. Specifically,
Conversion Costs do not embody a probably future benefit, as discussed on page 5 of this Issues Summary. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Proponents of View B believe that
the ultimate economic benefits identified in the technical and economic studies of the mine planning process are subjective, high risk and uncertain. The technical and economic studies, therefore, would not provide supportable evidence at the time
of the expenditure. They believe it is not possible to identify cash flows that will arise from the Conversion costs activities due to the uncertainty of the geology of the ore body for purposes of estimating the recoverability of the Mineral
Resources. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Proponents of View B also believe that the expenditures incurred to convert resources to reserves are not capital expenditures or
items of property, plant, or equipment. Instead they are costs to obtain data or information or to have studies performed, which are not a cost of a mineral property. As a result, proponents of View B believe that such costs to acquire
data/information do not embody a future benefit. Obtaining additional information or conducting additional drilling to convert resources to reserves does not increase the cash flows of the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 8 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
mining asset. Rather, it provides information to the miner as to the economic feasibility of conducting mining beyond the area where existing proven and probably reserves exists. The nature of
the (exploration) costs incurred to determine the existence of proven and probable reserves before and after the production phase are not different and, therefore, should be accounted for in the same manner (i.e. expensed as incurred). </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>WORKING GROUP RECOMMENDATION </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
Working Group believes that Conversion Costs should be capitalized as development costs and included in the carrying value of Mineral Resources based on the criteria outlined in View A and the application of professional judgment. In Summary, the
Working Group believes the capitalization of these costs is consistent with the definition of an asset in the conceptual frameworks of the FASB and IASB and the convergence of US&nbsp;GAAP with IFRS. Such costs should be tested for impairment in
accordance with the provisions of EITF 04-3 and FAS 144. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 9 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3">APPENDIX I </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3">THE SME GUIDE FOR REPORTING </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3">EXPLORATION RESULTS, MINERAL RESOURCES, </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3">AND MINERAL RESERVES </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="3">(The 2007 SME Guide) </FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">SUBMITTED BY: </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">THE RESOURCES AND RESERVES COMMITTEE </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">OF </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">THE SOCIETY FOR MINING, METALLURGY, AND EXPLORATION </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">TO: </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">THE BOARD
OF DIRECTORS </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">OF </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">THE SOCIETY FOR MINING, METALLURGY AND EXPLORATION, INC. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8307 SHAFFER PARKWAY
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">LITTLETON, COLORADO 80127 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">PHONE: (303)&nbsp;973-9550 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">FAX: (303)&nbsp;973-3845 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">E-MAIL: sme@smenet.org </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">September 2007 </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 10 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_1"></A>Foreword </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">i.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The 2007 SME Guide for Reporting Exploration Results, Mineral Resources, and Mineral Reserves (the 2007 SME Guide) has been adopted by the Society for Mining,
Metallurgy, and Exploration, Inc. (SME) and is therefore strongly recommended to be used by members of this organization. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">ii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Guide is recommended as a minimum standard for reporting Exploration Results, Mineral Resources and Mineral Reserves for public and private purposes. In terms of
the Guide, a Public Report is a report on Exploration Results, Mineral Resources or Mineral Reserves prepared for the purpose of informing the general public. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">iii.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">In this Guide, important terms and their definitions are highlighted in bold text. The guidelines are written using regular font. Paragraphs with border on the left
side and written in <I>italics</I> give directions on how to interpret definitions and guidelines. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">iv.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (U.S. SEC) REGULATES THE REPORTING OF EXPLORATION RESULTS, RESOURCES AND RESERVES BY ORGANIZATIONS, INDIVIDUALS OR
COMPANIES (&#147;ENTITIES&#148;) SUBJECT TO THE FILING AND REPORTING REQUIREMENTS OF THE U.S. SEC. DECISIONS AS TO WHEN AND WHAT INFORMATION SHOULD BE PUBLICLY REPORTED ARE THE SOLE RESPONSIBILITY OF THE ENTITY OWNING THE INFORMATION, AND ARE
SUBJECT TO U.S. SEC RULES AND REGULATIONS. THE REPORTING OF EXPLORATION RESULTS, RESOURCES AND RESERVES MAY ALSO BE SUBJECT TO OTHER NATIONAL AND INTERNATIONAL RULES AND REGULATIONS. THESE RULES AND REGULATIONS VARY FROM TIME TO TIME, AND AT ANY
GIVEN TIME MAY NOT BE CONSISTENT WITH THE CONTENT OF THIS GUIDE. THE ADVICE OF SECURITIES COUNSEL SHOULD BE SOUGHT IN PREPARING FILINGS FOR THE U.S. SEC OR OTHER SECURITIES REGULATORY AUTHORITIES, AND IN PREPARING OTHER PUBLIC DISCLOSURES.
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">v.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">It is recognized that further review of the Guide will be required from time to time. Constructive suggestions are solicited from all users of this Guide. Comments
should be sent to: </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chairman, Resources and Reserves Committee </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Society for Mining, Metallurgy and Exploration, Inc. </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">8307 Shaffer Parkway </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">P.O. Box 277002 </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Littleton, CO 80127-7002 </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">U.S.A. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 11 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_2"></A><A NAME="toc"></A>Table of Contents </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="92%"></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1">Clause&nbsp;Number</FONT></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1">from</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center" STYLE="border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="1">to</FONT></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_1">Foreword</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">i</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">v</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_2">Table of Contents</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_3">History</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_4">Governing Principles</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_5">Scope</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_6">Competence and Responsibility</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_7">Reporting Terminology</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_8">Public Reporting &#150; General</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">19</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_9">Reporting of Exploration Results</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">20</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">22</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_10">Reporting of Mineral Resources</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">23</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">32</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_11">Reporting of Mineral Reserves</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">33</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">41</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_12">Mineral Reserves Declaration Report</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">42</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">48</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_13">Mineral Reserves and Commodity Pricing</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">49</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">54</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_14">Reserves Sensitivity Test</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">55</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">55</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_15">Permitting and Legal Requirements</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">56</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">57</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_16">Reporting of Mineralized Fill, Pillars, Low-Grade Mineralization, Stockpiles, Dumps and
Tailings</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">58</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">58</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_17">Reporting of Exploration Results for Coal, Coal Resources and Coal Reserves</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">59</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">64</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_18">Reporting of Exploration Results, Mineral Resources and Mineral Reserves for Industrial
Minerals</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">65</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">68</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_19">Reporting of Exploration Results, Mineral Resources and Mineral Reserves for Diamonds and Other Gemstones
</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">69</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">72</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_20">TABLE 1. Checklist of Assessment Criteria</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A HREF="#appa560814_21">APPENDIX A. List of Recognized Professional Organizations (RPOs)</A></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">-</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 12 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_3"></A>History </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">In 1988, at the request of members of the Society for Mining, Metallurgy, and Exploration (SME), Inc., the President of SME formed Working Party #79, Ore Reserve
Definition, with the mission to develop guidelines for the public reporting of exploration results, resources, and reserves. A Subcommittee was appointed by the Working Party to draft these guidelines and submit recommendations to SME. The
Subcommittee&#146;s recommendations were published by SME in the April 1991 issue of &#147;Mining Engineering&#148;, and as a document entitled &#147;A Guide for Reporting Exploration Information, Resources, and Reserves&#148; (the SME Guide) in
January 1992. Work continued on an ad-hoc basis until 1996, when Working Party #79 was renamed the SME Resources and Reserves Committee and became a standing committee. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In 1994, the Council of Mining and Metallurgical Institutions (CMMI) started a concerted international effort to create a set of
international definitions for reporting mineral resources and mineral reserves. An ad-hoc International Definitions Group was formed, with representatives from mining and metallurgical institutions from the United States (SME), Australia (AusIMM),
Canada (CIM), the United Kingdom (IMM) and South Africa (SAIMM). A major breakthrough came on October&nbsp;18, 1997 when the CMMI International Definitions Group met in Denver, Colorado and reached a provisional agreement (the Denver Accord) on
definitions of mineral resources and mineral reserves. Concurrently, and since 1992, the United Nations Economic Commission for Europe (UN-ECE) was developing an international framework classification for mineral resources and mineral reserves.
Starting in October 1998, joint meetings were held in Geneva between the CMMI International Definitions Group and the UN-ECE Task Force, resulting in agreement to incorporate the CMMI definitions into the UN framework classification. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">In 2002, the Combined Reserves International Reporting Standards Committee (CRIRSCO, now known as the Committee for Mineral Reserves
International Reporting Standards) was formed, replacing the CMMI International Definitions Group with the mission to continue coordination between member countries, of the development of international standards for the definition and reporting of
exploration results, mineral resources and mineral reserves. Chile joined CRIRSCO in 2002 and developed the first non-English reporting code which follows the international definitions. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The international resources and reserves definitions or their precursors were accepted as part of national reporting codes and guidelines
by the regulatory agencies of Australia (1989), South Africa (2000), Canada (2001), and the United Kingdom (2001). The United Nations formally adopted these definitions in 1999. In 2007 the Government of Chile approved a reporting code which
includes these definitions. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 13 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">2.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The SME Guide, first published in 1992, was updated in 1999 when the requirement was introduced that the reporting of mineral resources and reserves be made by a
Competent Person. The SME Guide was recommended to be used by members of SME. However, some key aspects of the SME Guide were not consistent with requirements of the U.S. Securities and Exchange Commissions (U.S. SEC) which are based on the U.S. SEC
Industry Guide 7. While the SME Guide was accepted by a number of U.S. and international mining and consulting companies, its usefulness remained limited. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">To resolve the differences between the SME Guide and the U.S. SEC rules and regulations, SME opened a dialogue with the U.S. SEC in 2003, and started a renewed effort to better define the industry
position with respect to a number of critical issues. In February 2004, SME formed a consortium of mining, consulting and financial auditing organizations known as the SEC Reserves Working Group (the Working Group), whose members formed the SME
Resources and Reserves Committee. The Working Group recommendations were included in this Guide and submitted to the U.S. SEC for their consideration in April 2005. The most significant changes included improved definition of the terms Mineral
Resources and its subdivisions (Measured, Indicated and Inferred Mineral Resources), and clarification of the technical, economic, legal and permitting requirements which must be satisfied before a reserve can be declared. A section was added
defining the commodity prices which can be used for reserve estimation and reporting, and how price sensitivity should be measured during periods of low prices. Documentation requirements were clarified, including the requirement for a Mineral
Reserves Declaration Report. The role of the Competent Person was reemphasized. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The 2007 SME Guide reflects the
recommendations made to the U.S. SEC in 2005. However, the position of the U.S. SEC with respect to public reporting remains that stated in Industry Guide 7 as interpreted by U.S. SEC Staff. Consequently at any given time some key aspects of the
2007 SME Guide may not be consistent with requirements of the U.S. Securities and Exchange Commission. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_4"></A>Governing Principles </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">This Guide was written taking into account industry good practices and the mission of the U.S. Securities and Exchange Commission (U.S. SEC) which is
to protect investors and maintain the integrity of the securities markets. All investors, whether large institutions or private individuals, should have access to certain basic facts about an investment prior to purchasing or selling it. The U.S.
SEC requires public companies to disclose meaningful financial and other information to the public, which provides a common pool of knowledge for all investors to use to judge for themselves if a company&#146;s securities are a
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 14 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
good investment. Only through the steady flow of timely, comprehensive and accurate information can the public make sound investment decisions. To meet the SEC&#146;s requirements for disclosure,
a company must make available all information, whether it is positive or negative, that might be relevant to an investor&#146;s decision to buy, sell, or hold the security. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The main principles governing the development and application of this Guide are transparency, materiality and competence. </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Transparency</I> requires that the reader of a public report is provided with sufficient information, the presentation of which is clear and
unambiguous, so as to understand the report and not to be misled. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Materiality</I> requires that a public report contains all the relevant information which investors and their professional advisers would reasonably
require, and reasonably expect to find in a public report, for the purpose of making a reasoned and balanced judgment regarding the exploration results, mineral resources or mineral reserves being reported. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Competence</I> requires that the public report be based on work that is the responsibility of suitably qualified and experienced persons who are
subject to an enforceable professional code of ethics and rules of conduct. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following additional
principles were also taken into account: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Consistency between Financial and Technical Reports</I>: Financial reports take into account mineral resources and mineral reserves and are based on
assumptions concerning commodity prices, exchange rates, and other parameters of significance. To be clear and unambiguous technical and financial information should be published on a comparable basis. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="9%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="3%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Consistency between Financial Markets</I>: For global companies, transparency can only be achieved if information is reported on a consistent basis
in all financial markets. Only then can the information supplied to all investors be identical, clear and unambiguous. </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_5"></A>Scope </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Public reporting:</U> The Guide is recommended as a minimum standard for reporting Exploration Results, Mineral Resources and Mineral Reserves for public and private
purposes. In terms of the Guide, a Public Report is a report on Exploration Results, Mineral Resources and Mineral Reserves, prepared for the purpose of informing the general public. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Public reports include, but are not limited to: company Annual Reports, quarterly reports, press releases, reports which the U.S. SEC
requests companies to publish on a yearly, quarterly or other</I> </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 15 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
<I>basis, and other reports. It is recommended that the Guide apply to the following reports if they have been prepared or are likely to be used for informing the general public: information
memoranda, expert reports and technical papers reporting on Exploration Results, Mineral Resources or Mineral Reserves.</I> </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">5.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Use of the Guide:</U> Public companies should provide all relevant and material information, necessary for an intelligent layman to make a reasonable and balanced
assessment of the Exploration Results, Mineral Resources and Mineral Reserves being reported. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>While every
effort has been made within the Guide to cover most situations likely to be encountered in the reporting of Exploration Results, Mineral Resources and Mineral Reserves, there will inevitably be occasions when doubt exists as to the appropriate
procedure to follow. In such cases, users of the Guide and those compiling reports under the Guide should be guided by its intent, which is to provide a minimum standard for reporting and to ensure that such reporting contains all information which
investors and their professional advisers would reasonably require, and reasonably expect to find in the report, for the purpose of making a reasoned and balanced judgment regarding the Exploration Results, Mineral Resources and Mineral Reserves
reported. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Table 1, included at the end of the Guide, supplies an outline of items that should be considered when
evaluating a project. The importance of each item will vary with the project, and it is recognized that, for some projects, other items may be relevant which are not on the list. The Table should be considered a guide to facilitate a rational and
orderly approach to evaluation. However, the need remains for exploration and mining professionals to make difficult decisions, such as the classification of material as a Mineral Resource or a Mineral Reserve. Decisions remain a matter of
professional judgment based on knowledge, experience, and industry practices. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The relative importance of the items in
Table 1 will vary with each project depending on the geological environment and technical constraints, as well as economic and legal conditions pertaining at the time of evaluation. When evaluating a project, the relative importance of each item
should be weighed. All relevant information must be given careful consideration before deciding which information should be reported to the public. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Where a particular report addresses only some of the items in Table 1, the report should disclose its limited scope and should refer to other information required for a complete evaluation of the
Exploration Results, Mineral Resources and Mineral Reserves being reported. While such limited scope reports are commonly prepared as part of the overall preparation of an evaluation, such reports may contain information warranting public disclosure
independent of the results of other studies, and the authors of such reports should be aware of their responsibilities with respect to public disclosure. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Public disclosure may be required of factors most likely to affect the accuracy of estimates made in the report. The authors of reports should both identify and evaluate these important factors within
their reports. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>For a variety of reasons, including the need for confidentiality, some data used to evaluate a project
need not be made public. However, the public can reasonably assume that all necessary information is available to support public statements at the time they are made. Regulators including the U.S. SEC may require copies of all supporting documents
on a confidential basis even if such documents are not made public. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 16 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Demonstrating feasibility of economic extraction is not required before reporting
Exploration Results or Mineral Resources. However, particular attention should be given to all relevant information that increases or decreases the chances that the project will result in economic extraction. Demonstrating feasibility of economic
extraction is required before reporting Mineral Reserves. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is recognized that estimates of Exploration Results,
Mineral Resources and Mineral Reserves, being predictions of what will occur in the future based on imperfect knowledge of the present, are inherently forward-looking statements, and will be imprecise to some degree. It is also recognized that
different individuals analyzing the same data may arrive at somewhat differing interpretations and conclusions. The fact that a Mineral Reserve estimate is misclassified or proven inaccurate at a later date, when additional information becomes
available or economic conditions have changed, does not necessarily mean that the estimate was not made in good faith by a Competent Person taking into account the information available at the time. Statements concerning Exploration Results, Mineral
Resources and Mineral Reserves must have a reasonable basis and be made in good faith. </I></FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_6"></A>Competence and Responsibility </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any Public Report concerning an entity&#146;s Exploration Results, Mineral Resources and Mineral Reserves is the responsibility of the entity&#146;s management. Any
such report must be based on, and fairly reflect the information and supporting documentation prepared by a Competent Person or Persons, as defined below. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">An entity issuing a Public Report shall make publicly available on request the name(s) of the Competent Person or Persons, state whether the Competent Person is a full-time employee of the entity, and, if
not, name the Competent Person&#146;s employer, its relationship with the entity, and whether the Competent Person and his/her employer are independent with respect to the entity or project that is the subject of the Public Report. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Issuance of the Public Report requires the written consent of the Competent Person or Persons as to the form and context in which it
appears. The entity must provide to the Competent Person the entity&#146;s public disclosure of information prepared by the Competent Person, and seek approval for its context and the use of the Competent Person&#146;s name in connection with that
disclosure. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The requirement for, and the naming of, a Competent Person is aimed at increasing the quality of the
information being released, and at increasing investor confidence. These guidelines only require that the name of the Competent Person be made available on request. However, whenever Exploration Results, Mineral Resources and Mineral Reserves are
publicly reported, it is recommended that the name of the Competent Person be disclosed. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The Competent Person should be
independent of the entity issuing the Public Report or, if he/she is not independent, clear disclosure of the relevant relationships and interests should be made both in the Competent Person&#146;s report and in the relevant Public Reports.
</I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">7.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Documentation detailing Exploration Results, Mineral Resources and Mineral Reserves estimates, on which a Public Report on Exploration Results,
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 17 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Mineral Resources and Mineral Reserves is based, must be prepared by, or under the direction of, and signed by, a Competent Person or Persons. If the Competent Person is an employee, officer,
director or associate of a company whose principal business is the provision of engineering or geoscientific services, the documentation must also be signed by that company. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">8.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Competent Person</U>&#146; is a Registered Member of the SME or a Member or Fellow of an approved &#145;Recognized Professional Organization&#146;
(&#145;RPO&#146;) included in a list promulgated by the SME from time to time (Appendix A). A RPO is a U.S. or foreign self-regulatory organization of engineers, geologists or geoscientists that admits individuals on the basis of their academic
qualifications and experience, requires compliance with the professional standards of competence and ethics established by the organization, and has disciplinary powers, including the power to suspend or expel a member. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">A Competent Person is an engineer, geoscientist or other mining professional who must have a minimum of five years experience which is
relevant to the style of mineralization and type of deposit under consideration and to the activity which that person is undertaking. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">If the Competent Person is preparing a report on Exploration Results, the relevant experience must be in exploration. If the Competent Person is estimating, or supervising the estimation of Mineral
Resources, the relevant experience must be in the estimation, assessment and evaluation of Mineral Resources. If the Competent Person is estimating, or supervising the estimation of Mineral Reserves, the relevant experience must be in the
estimation, assessment, and economic evaluation of Mineral Reserves. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The key qualifier in the definition of a Competent
Person is the word &#145;relevant&#146;. Determination of what constitutes relevant experience can be a difficult area, and common sense has to be exercised. Different experience is required to evaluate coal, base metal, industrial mineral, iron
ore, sand and gravel, or gold deposits. Other differences are less obvious. In estimating Mineral Resources for vein-gold mineralization, experience in a high-nugget, vein-type mineralization such as tin, uranium, etc. will probably be relevant
whereas experience in (say) a low grade disseminated gold deposit may not be. To qualify as a Competent Person in the estimation of Mineral Reserves for alluvial gold deposits, considerable (probably at least five years) experience in the evaluation
and economic extraction of this type of mineralization would be needed. This is due to the characteristics of gold in alluvial systems, the particle sizing of the host sediment, and the low grades involved. Experience with placer deposits containing
minerals other than gold may not necessarily provide appropriate relevant experience. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The key word &#145;relevant&#146;
also means that it is not always necessary for a person to have five years experience in each and every type of deposit in order to act as a Competent Person if that person has relevant experience in other deposit types. For example, a person with
(say) 20 years experience in estimating Mineral Resources for a variety of metalliferous hard-rock deposit types may not require as much as five years specific experience in (say) porphyry-copper deposits in order to act as a Competent Person.
Relevant experience in the other deposit types could count towards the experience in relation to porphyry-copper deposits. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 18 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In addition to experience in the style of mineralization, a Competent Person taking
responsibility for the compilation of Exploration Results or Mineral Resource estimates should have sufficient experience in the sampling and analytical techniques relevant to the deposit under consideration to be aware of problems which could
affect the reliability of data. Some appreciation of extraction and processing techniques applicable to that deposit type may also be important. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">9.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Persons being called upon to act as Competent Persons should be clearly satisfied in their own minds that they could face their peers and demonstrate competence in the
commodity, type of deposit and situation under consideration. If doubt exists, the person should either seek opinions from appropriately experienced colleagues or should decline to act as a Competent Person. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Estimation of Mineral Resources may be a team effort (for example, involving one person or team collecting the data and another person
or team preparing the estimate). Estimation of Mineral Reserves is very commonly a team effort involving several disciplines. It is recommended that where there is a clear division of responsibility within a team, each Competent Person and his or
her contribution should be identified, and responsibility accepted for that particular contribution. However, the definitions have been specifically written to allow an appropriate degree of latitude for companies to define the organizational
structure within which they apply the role of the Competent Person. If only one Competent Person signs the Mineral Resource or Mineral Reserve documentation, that person is responsible and accountable for the whole of the documentation under the
Guide. It is important in this situation that the Competent Person accepting overall responsibility for a Mineral Resource or Mineral Reserve estimate and supporting documentation prepared in whole or in part by others, is satisfied, in his/her
professional opinion, that the work of the other contributors is reliable. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A Competent Person may be an employee of the
entity reporting Exploration Results, Mineral Resources and Mineral Reserves, or an independent consultant. When the Competent Person&#146;s recommendations are likely to have material consequences (such as development of a new mining or processing
facility, or significant decreases or increases in reserves), it is recommended that these recommendations be independently reviewed before the recommendations are finalized. The independent reviewer should qualify as a Competent Person in the
context of the project being reviewed. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">10.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Complaints made in respect of the professional work of a Competent Person will be dealt with under the disciplinary procedures of the professional organization to which
the Competent Person belongs. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">11.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">When a U.S.-listed company with foreign interests wishes to report foreign Exploration Results, Mineral Resources and Mineral Reserves, estimates prepared by a person
who is not a Registered Member of the SME or a member or fellow of a Recognized Professional Organization (RPO), it is necessary for the company to nominate a Competent Person or Persons to take responsibility for the Exploration Results, Mineral
Resources or Mineral Reserves estimate. The Competent Person or Persons undertaking this activity should appreciate that they are accepting full responsibility for the estimate and supporting documentation and should not treat the procedure merely
as a &#145;rubber-stamping&#146; exercise. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 19 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Rules, regulations or guidelines concerning the Competent Person differ from country to
country. When Exploration Results, Mineral Resources and Mineral Reserves are reported in the United States or in countries other than the United States, it is the responsibility of the Competent Person and the entity making a public report to
ensure that the applicable rules, regulations and guidelines are followed. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">12.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">If documentation detailing Exploration Results, Mineral Resources or Mineral Reserves is signed by a firm or a company, a partner or director of the firm or company
must also sign this documentation. This partner or director must have produced or directly supervised the production of the report on behalf of the company, and must satisfy the Competent Person criteria set out in the preceding paragraphs.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A partner or director of a company who signs a document accepts overall responsibility for this document and
must be satisfied, in his/her professional opinion, that the work of the other contributors is reliable. It is recommended that when a document is signed by a firm or company a list is included of all contributors who acted as Competent Persons in
the preparation of parts of the document. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>As stated in Clause 6 above, issuance of a Public Report must be based on
documentation prepared by a Competent Person, and requires the written consent of the Competent Person. If the documentation used to prepare the Public Report was signed by a firm or company, the partner or director who signed the document assumes
the responsibilities of the Competent Person. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">13.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">If documentation was signed by a partner or director of a firm or company, who is no longer a member of the firm or company, another partner or director can take
responsibility for the documentation. This partner or director must satisfy the Competent Person criteria set out in the preceding paragraphs. Before signing this documentation the partner or director must complete sufficient work to be satisfied,
in his/her professional opinion, that the content of the documentation remains reliable. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_7"></A>Reporting Terminology </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">14.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public reports dealing with Exploration Results, Mineral Resources and/or Mineral Reserves must only use the terms set out in Figure 1. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The term &#145;<U>Modifying Factors</U>&#146; is defined to include mining, metallurgical, economic, marketing, legal, environmental,
social and governmental factors </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Figure 1 sets out the framework for classifying exploration results, tonnage and grade
estimates, and contained or recoverable minerals as applicable. This classification reflects different levels of geoscientific knowledge and different degrees of technical and economic evaluation. Mineral Resources can be estimated mainly on the
basis of geoscientific information with some input from other disciplines. Mineral Reserves, which are a modified sub-set of the Indicated and Measured Mineral Resources, require consideration of those factors affecting extraction, including mining,
metallurgical, economic, marketing, legal, environmental, social and governmental factors, and should in most instances be estimated with input from a range of disciplines. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>In certain situations, Measured Mineral Resources could convert to Probable Mineral Reserves rather than to Proven Mineral Reserves because of uncertainties associated with modifying factors which are
</I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 20 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>
taken into account in the conversion from Mineral Resources to Mineral Reserves. This relationship is shown by the broken arrow in Figure 1. In such situations, these modifying factors should be
fully explained. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In certain situations, previously reported Mineral Reserves could convert back to Mineral Resources
because of new information according to which a Mineral Reserve can no longer be reported. The resulting two-way relationship is shown by the two-headed arrows in Figure 1. The modifying factors which resulted in reclassification of a Mineral
Reserve should be fully explained. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Figure 1 &#150; General Relationship between Exploration Results, Mineral Resources and
Mineral Reserves </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center">


<IMG SRC="g560814image-001.jpg" ALT="LOGO">
 </P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 21 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_8"></A>Public Reporting &#150; General </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">15.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public Reports concerning an entity&#146;s Exploration Results, Mineral Resources or Mineral Reserves should include a description of the style and nature of
mineralization. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">16.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">An entity must disclose relevant information concerning the status and characteristics of a mineral deposit which could materially influence the economic value of that
deposit. To meet disclosure obligations, an entity may be required to promptly report any material changes in its Mineral Resources or Mineral Reserves. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">17.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">An entity must review and publicly report on its Mineral Resources and Mineral Reserves at least annually. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">18.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Throughout the Guide, where appropriate, &#147;quality&#148; may be substituted for &#147;grade&#148; and &#147;volume&#148; may be substituted for &#147;tonnage&#148;.
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">19.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Units used for reporting Mineral Resources or Mineral Reserves should be those generally applicable within the industry and within the jurisdiction where reporting
takes place, for the mineral being reported. </FONT></TD></TR></TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_9"></A>Reporting of Exploration Results
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">20.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#145;<U>Exploration Results</U>&#146; include data and information generated by exploration programs that may be of use to investors. The Exploration Results may or
may not be part of a formal declaration of Mineral Resources and Mineral Reserves. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The reporting of such
information is common in the early stages of exploration when the quantity of data available is generally not sufficient to allow any reasonable estimates of Mineral Resources. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">If an entity reports Exploration Results in relation to mineralization not classified as a Mineral Resource or a Mineral Reserve, then estimates of tonnages and average grade must not be assigned to the
mineralization unless the situation is covered in Clause 22 below, and then only in strict accordance with the requirements of that clause. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Examples of Exploration Results include results of outcrop sampling, assays of drill hole intercepts, geochemical results and geophysical survey results. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">21.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public reports of Exploration Results must contain sufficient information to allow a considered and balanced judgment of their significance. Reports
must include relevant information such as exploration context, type and method of sampling, sampling intervals and methods, relevant sample </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 22 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
locations, distribution, dimensions and relative location of all relevant assay data, data aggregation methods, land tenure status plus information on any of the other criteria listed in Table 1
that are material to an assessment. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public reports of Exploration Results must not be presented so as to unreasonably imply
that potentially economic mineralization has been discovered. If true widths of mineralization are not reported, an appropriate qualification must be included in the public report. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Where assay and analytical results are reported, they must be reported using one of the following methods, selected as the most
appropriate by the Competent Person: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Either by listing all results, along with sample intervals (or size, in the case of bulk samples), or </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">By reporting weighted average grades of mineralized zones, indicating clearly how the grades were calculated. </FONT></P></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reporting of selected information such as isolated assays, isolated drill holes, assays of panned concentrates or supergene enriched soils
or surface samples, without placing them in perspective is unacceptable. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Table 1 is a checklist and guideline to which
those preparing reports on Exploration Results, Mineral Resources and Mineral Reserves should refer. The checklist is not prescriptive and, as always, relevance and materiality are overriding principles which determine what information should be
publicly reported. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">22.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">It is recognized that it is common practice for a company to comment on and discuss its exploration in terms of target size and type. Any such information relating to
exploration targets must be expressed so that it cannot be misrepresented or misconstrued as an estimate of Mineral Resources or Mineral Reserves. The terms Resource or Reserve must not be used in this context. Any statement referring to potential
quantity and grade of the target must be expressed as ranges and must include (1)&nbsp;a detailed explanation of the basis of the statement, and (2)&nbsp;a proximate statement that the potential quantity and grade are conceptual in nature, that
there has been insufficient information to define a Mineral Resource and that it is uncertain if further exploration will result in the determination of a Mineral Resource. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_10"></A>Reporting of Mineral Resources </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">23.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Mineral Resource</U>&#146; is a concentration or occurrence of material of economic interest in or on the Earth&#146;s crust in such form,
quantity, and quality that there are reasonable prospects for eventual economic extraction. The location, quantity, grade, geological characteristics and continuity of a Mineral
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 23 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Resource are known, estimated or interpreted from specific geological evidence and knowledge. Mineral Resources are sub-divided, in order of increasing geological confidence, into Inferred,
Indicated and Measured categories. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Portions of a deposit that do not have reasonable prospects for eventual economic
extraction must not be included in a Mineral Resource. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The term &#147;Mineral Resource&#148; covers mineralization
(including, in certain instances, dumps and tailings) which has been identified within reasonable limits and estimated through exploration and sampling and within which Mineral Reserves may be defined by the consideration and application of
Modifying Factors. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The term &#147;reasonable prospects for eventual economic extraction&#148; implies a judgment
(albeit preliminary) by the Competent Person with respect to the technical and economic factors likely to influence the prospect of economic extraction, including the approximate mining parameters. In other words, a Mineral Resource is not an
inventory of all mineralization drilled or sampled, regardless of cutoff grade, likely mining dimensions, location, or continuity. It is a realistic inventory of mineralization which, under assumed and justifiable technical and economic conditions,
might become economically extractable. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The term &#147;reasonable prospect&#148; implies that Measured, Indicated, and
Inferred Mineral Resources are constrained within pit shells or cones for open pit mines, or constrained to coherent zones which support mining, processing and development cost estimates for underground extraction. A deposit model is required, which
may be a computer-generated block model or a model based on cross- or long-sections. Economic tests should be documented in technical studies, but the disclosure of Mineral Resources should not require formal detailed technical and economic studies
such as those required for reserve disclosure. Economic criteria should be applied equally to all categories of Mineral Resources (Measured, Indicated and Inferred). </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>When publishing Mineral Resources, a statement should be made that, while the estimate of Mineral Resources is based on the Competent Person&#146;s judgment that there are reasonable prospects for
eventual economic extraction, no assurance can be given that Mineral Resources will eventually convert to Mineral Reserves. Consideration should also be given to publication of the reasons why a reported Mineral Resource was not reported as a
Mineral Reserve. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Commodity prices used in Mineral Resource reporting should be based on the company&#146;s long-term
view of the likely range of commodity prices. If prices used for Mineral Resource estimation differ from the company&#146;s long-term view as used for reserve reporting, these differences should be documented and justified. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Publication of Mineral Resources is recommended but not required unless it represents material information which should be publicly
disclosed. It is also recommended that, when publicly disclosing Mineral Resources, material assumptions made to estimate these Mineral Resources are also disclosed. This may include disclosure of commodity price assumptions to the extent that this
is customary and does not place the company at a competitive disadvantage. It is recognized that in some cases, such as when a product is sold under long term contract whose terms must be kept confidential, there might be valid commercial reasons
for non-disclosure. There are also circumstances where disclosure of long-term price assumptions used for business planning and reserve reporting can be detrimental to the company, such as when bidding for sales contracts or property acquisition. If
prices are not published, the reasons for doing so must be documented. This documentation may be treated as confidential but should be available for review by auditors or regulators when required. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 24 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Cutoff grades, minimum thicknesses, or other quality parameters determined by the
Competent Person should be used to exclude material for which there is no reasonable prospect for eventual economic extraction. Mineral Resource estimates may include material below the selected cutoff grade to ensure that the Mineral Resources
comprise bodies of mineralization of adequate size and continuity to show reasonable prospects for eventual application of a feasible mining method. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Where considered appropriate by the Competent Person, the confidence in estimates of tonnage, grade, quality, physical characteristics and deleterious elements that may affect the ability to recover,
beneficiate or produce a saleable product must be considered in determining whether a Mineral Resource can be reported and in classifying the Mineral Resource as Inferred, Indicated or Measured </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>All material assumptions made in determining the reasonable prospects for eventual economic extraction must be documented and
justified. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Interpretation of the word &#147;eventual&#148; in this context may vary depending on the commodity or
mineral involved. For example, for some coal, iron ore, bauxite and other bulk minerals or commodities, it may be reasonable to envisage eventual economic extraction as covering time periods in excess of 50 years. For many gold deposits, application
of the concept would normally be restricted to much shorter periods of time, but for Witwatersrand-type gold deposits long periods do apply. Interpretation is the responsibility of the Competent Person. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Any adjustment made to the data for the purpose of making the Mineral Resource estimate, for example by cutting or factoring grades,
should be clearly documented and justified. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Certain reports (e.g., inventory reports, exploration reports to a
government and other similar reports not intended primarily for providing information for investment purposes) may require full disclosure of all mineralization, including some material that does not have reasonable prospects for eventual economic
extraction. Such estimates of mineralization would not qualify as Mineral Resources by this definition. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineralized
stope fill, mineralized in situ remnants, shaft and stope pillars left for ground support purposes, and stockpiles of mineralized material, old dumps and tailings can be considered when reporting Mineral Resources if they present reasonable
prospects for eventual economic extraction. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">24.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">An &#145;<U>Inferred Mineral Resource</U>&#146; is that part of a Mineral Resource for which the overall tonnages, grades and mineral contents can be estimated with a
reasonable level of confidence. It is based on geological evidence and apparent geological and grade continuity after applying economic parameters. It is derived from information gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings and drill holes, and which in some way is limited or of uncertain quality and reliability. An Inferred Mineral Resource has a lower level of confidence than that applying to an Indicated Mineral Resource.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The term &#145;overall&#146; means within that part of the deposit for which Measured, Indicated and Inferred
Mineral Resources are reported. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 25 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The category is intended to cover situations where a mineral concentration or occurrence
has been identified and limited measurements and sampling completed, but the data are sufficient to allow the inference of geological and grade continuity. Commonly, it would be reasonable to expect that the majority of Inferred Mineral Resources
would upgrade to Indicated or Measured Mineral Resource with continued exploration/delineation drilling or other sampling. However, due to the uncertainty of Inferred Mineral Resources it should not be assumed that such upgrading will always occur.
</I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Confidence in the estimate is sufficient to allow the application of assumed but not verified technical and economic
parameters for conceptual planning. However, confidence is usually not sufficient to allow the results of the application of these technical and economic parameters to be used for incremental planning and production scheduling. For this reason,
there is no direct link from an Inferred Mineral Resource to any category of Mineral Reserves (see Figure 1). Caution should be exercised if this category is considered in technical or economic studies. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Inferred Mineral Resources should exclude material for which there are insufficient data to allow the inference of geological or grade
continuity. Inferred Mineral Resources are intended to be sufficiently defined that overall tonnages, grades and mineral contents can be estimated with a reasonable level of confidence. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">25.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">An &#145;<U>Indicated Mineral Resource</U>&#146; is that part of a Mineral Resource for which overall tonnages, densities, shapes, physical characteristics, grades and
mineral contents can be estimated with high levels of confidence, and local tonnages, densities, shapes, physical characteristics, grades and mineral contents can be estimated with reasonable levels of confidence. An Indicated Mineral Resource is
based on exploration, sampling and testing information gathered through appropriate techniques from locations such as outcrops, trenches, pits, workings, and drill holes. The locations are too widely or inappropriately spaced to confirm geological
continuity and grade continuity but are spaced closely enough for continuity to be assumed. An Indicated Mineral Resource has a lower level of confidence than that applying to a Measured Mineral Resource, but has a higher level of confidence than
that applying to an Inferred Mineral Resource. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">The term &#145;overall&#146; means within that part of the
deposit for which Measured, Indicated and Inferred Mineral Resources are reported. The term &#145;local&#146; means within selected parts of the deposit related to mining increments which are suitable for development of mine plans and financial
analyses. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A deposit or part of a deposit may be classified as an Indicated Mineral Resource when the nature, quality,
amount and distribution of data are such as to allow the Competent Person determining the Mineral Resource to confidently interpret the geological framework and to assume continuity of mineralization. Confidence in the estimate is sufficient to
allow the appropriate application of technical and economic parameters to prepare incremental plans and production schedules and to enable an evaluation of economic viability. Overall confidence in the estimates is high while local confidence is
reasonable. The Competent Person must recognize the importance of the Indicated Mineral Resource category to the advancement of the feasibility of the project. An Indicated Mineral Resource estimate is of sufficient quality to support detailed
technical and economic studies leading to a Mineral Reserves Declaration Report which can serve as the basis for major development decisions. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 26 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">26.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Measured Mineral Resource</U>&#146; is that part of a Mineral Resource for which both overall and local tonnages, densities, shapes, physical
characteristics, grades and mineral contents can be estimated with a high level of confidence. It is based on detailed and reliable exploration, sampling and testing information gathered through appropriate techniques from locations such as
outcrops, trenches, pits, workings, and drill holes. The locations are spaced closely enough to confirm geological and grade continuity. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The term &#145;overall&#146; means within that part of the deposit for which Measured, Indicated and Inferred Mineral Resources are reported. The term &#145;local&#146; means within selected parts of the
deposit related to mining increments which are suitable for development of detailed mine plans and financial analyses. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A
deposit or part of a deposit may be classified as a Measured Mineral Resource when the nature, quality, amount and distribution of data are such as to leave no reasonable doubt, in the opinion of the Competent Person determining the Mineral
Resource, that the tonnage and grade of production planning and scheduling increments can be estimated within close limits and that any variation from the estimate would not significantly affect potential economic viability of individual increments.
This category requires a high level of confidence in, and understanding of, the geology and controls of the mineral deposit. A Measured Mineral Resource estimate is of sufficient quality to support detailed technical and economic studies leading to
a Mineral Reserves Declaration Report which can serve as the basis for major development decisions with no additional sampling or other geologic definition required. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">27.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The choice of the appropriate category of Mineral Resource depends upon the quantity, distribution and quality of data available, the level of confidence that attaches
to those data, and the appropriateness of the estimation methodology applied. The appropriate Mineral Resource category must be determined by the Competent Person. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Resource classification is a matter for skilled judgment, and the Competent Person should take into account those items in
Table 1 which relate to confidence in Mineral Resource estimation. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In deciding between Measured Mineral Resource and
Indicated Mineral Resource, the Competent Person may find it useful to consider, in addition to the phrases relating to geological and grade continuity in Clauses 25 and 26, the phrase in the guideline to the definition for Measured Mineral
Resource: &#147;.... any variation from the estimate would not significantly affect potential economic viability of individual increments&#148;. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>In deciding between Indicated Mineral Resource and Inferred Mineral Resource, the Competent Person may wish to take into account, in addition to the phrases relating to geological and grade continuity
in Clauses 25 and 26, the guideline to the definition for Indicated Mineral Resource: &#147;Confidence in the estimate is sufficient to allow the appropriate application of technical and economic parameters to prepare incremental plans and
production schedules and to enable an evaluation of economic viability&#148;, which contrasts with the guideline to the definition for Inferred Mineral Resource in Clause 24: &#147;Confidence in the estimate is sufficient to allow the application of
assumed but not verified technical and economic parameters for conceptual planning. However, confidence is usually not sufficient to allow the results of the application of these parameters to be used for incremental planning and production
scheduling&#133; Caution should be exercised if this category is considered in technical or economic studies&#148;. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 27 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">28.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mineral Resource estimates are not precise calculations, being dependent on the interpretation of limited information on the location, shape and continuity of the
occurrence and on the available sampling results. Reporting of tonnage and grade figures should reflect the order of accuracy of the estimate by rounding off to appropriately significant figures and by qualification with terms such as
&#145;approximately&#146;. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Depending on the accuracy of the estimate, rounding to the second or third
significant figure should be sufficient. For example, 10,863,425 tons at 8.23&nbsp;per cent could be stated as 11&nbsp;million tons at 8.2 percent or 10.9&nbsp;million tons at 8.23 percent. In order to emphasize the imprecise nature of a Mineral
Resource or Mineral Reserve estimate, it is recommended that the final result always be referred to as an estimate not a calculation. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Competent Persons are encouraged, where appropriate, to discuss the relative accuracy and/or confidence of the Mineral Resource estimates. The statement should specify whether it relates to over-all or
local estimates, and, if local, state the relevant tonnage or volume. Where a statement of the relative accuracy and/or confidence is not possible, a qualitative discussion of the uncertainties should be provided. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">29.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mineral Resource reports must specify one or more of the categories of &#147;Inferred&#148;, &#147;Indicated&#148; and &#147;Measured&#148;. Reports must not contain
Inferred Mineral Resource figures combined with either of the other two categories. The Measured and Indicated categories can be combined only if also reported separately. A Mineral Resource must not be reported in terms of contained metal or
product unless corresponding tonnage and grade figures are also presented. Mineral Resource figures must not be aggregated with Mineral Reserve figures. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>In situations where both Mineral Resource and Mineral Reserve figures are reported (such as tonnage, grade, mineral content), the Mineral Resource figures must not include any material reported as a
Mineral Reserve. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">30.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Table 1 provides, in a summary form, a list of the main criteria which should be considered when preparing reports on Exploration Results, Mineral Resources and Mineral
Reserves. These criteria need not be discussed in a public report unless they materially affect estimation or classification of the Mineral Resources. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>It is not necessary, when publicly reporting, to comment on each item in Table 1, but it is essential to discuss any matters which might materially affect the reader&#146;s understanding or
interpretation of the results or estimates being reported. This is particularly important where inadequate or uncertain data affect the reliability of, or confidence in, a statement of Exploration Results or an estimate of Mineral Resources and/or
Mineral Reserves; for example, poor sample recovery, poor repeatability of assay or laboratory results, limited information on tonnage factors, etc. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 28 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Resource estimates are sometimes reported after adjustment by cutting of high
grades, the application of factors such as dilution, mine or mill &#147;call factors&#148;, and similar modifying factors. If any of the data are materially adjusted or modified for the purpose of making the estimate, this should be clearly stated
in a public Mineral Resource report and the nature of the adjustment or modification described. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If there is doubt about
what should be reported in order to ensure full disclosure, it is better to err on the side of providing too much information rather than too little. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">31.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The words &#145;ore&#146; and &#145;reserves&#146; must not be used in stating Mineral Resource estimates as the terms imply technical feasibility and economic
viability and are only appropriate when all relevant mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors have been considered. Reports and statements should continue to refer to the appropriate category
or categories of Mineral Resources until technical feasibility and economic viability have been established. If re-evaluation indicates that the Mineral Reserves are no longer viable, the Mineral Reserves must be reclassified as Mineral Resources or
removed from Mineral Resource/Mineral Reserve statements altogether. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is not intended that reclassification
from Mineral Reserves to Mineral Resources should be applied as a result of changes expected to be of a short-term or temporary nature, or where management has made a deliberate decision to operate on a non-economic basis. Examples of such
situations might be a commodity price drop expected to be of short duration, mine emergency of a non-permanent nature, transport strike, etc. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">32.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">As a minimum, the Competent Person should review Mineral Resource supporting documents on an annual basis. Reports must be updated if there are significant changes in
technical and economic parameters. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If such review results in material changes in, or reclassification of
Mineral Resources, timely disclosure may be required. </I></FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_11"></A>Reporting of Mineral Reserves
</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">33.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Mineral Reserve</U>&#146; is the economically mineable part of a Measured and/or Indicated Mineral Resource. It includes diluting materials and allowances
for losses which may occur when the material is mined. Appropriately detailed assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal,
environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified. Mineral Reserves are sub-divided in order of increasing confidence into Probable Mineral Reserves
and Proven Mineral Reserves. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 29 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Before a Mineral Reserve is publicly reported, a Mineral Reserves Declaration Report must be
prepared as defined later in this Guide. This report must contain a description of the appropriately detailed assessments and studies that have been carried out to demonstrate that extraction could reasonably be justified. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Reserves are those portions of Mineral Resources which, after the application of all mining factors, result in an estimated
tonnage and grade which, in the opinion of the Competent Person making the estimates, can be the basis of a viable project after taking account of all relevant mining, metallurgical, economic, marketing, legal, environmental, social and governmental
factors. Mineral Reserves are inclusive of diluting material which will be mined and delivered to the treatment plant or equivalent. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>The term &#147;economic&#148; implies that extraction of the Mineral Reserve has been established or analytically demonstrated to be viable and justifiable under reasonable investment and market
assumptions. The term &#147;Mineral Reserve&#148; need not necessarily signify that extraction facilities are in place or operative or that all governmental approvals have been received. It does signify that there are reasonable expectations of
timely approvals. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It should be noted that the Guide does not imply that an economic operation must have Proven Mineral
Reserves. Situations arise where Probable Mineral Reserves alone may be sufficient to justify extraction, as for example with some alluvial tin or gold deposits. This is a matter for judgment by the Competent Person and the management of the entity
owning the information. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The terms &#147;Ore Reserves&#148; and &#147;Mineral Reserves&#148; can be used interchangeably
where it is customary to do so, usually for metallic deposits and some industrial minerals. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Public disclosure of
Mineral Reserves is allowed only after completion of a Mineral Reserves Declaration Report as defined later in this Guide. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">34.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Probable Mineral Reserve</U>&#146; is the economically mineable part of an Indicated and, in some circumstances, Measured Mineral Resource. It includes
diluting materials and allowances for losses which may occur when the material is mined. Appropriate assessments and studies have been carried out, and include consideration of and modification by realistically assumed mining, metallurgical,
economic, marketing, legal, environmental, social and governmental factors. These assessments demonstrate at the time of reporting that extraction could reasonably be justified. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A Probable Mineral Reserve has a lower level of confidence than a Proven Mineral Reserve but is of sufficient quality to serve as the
basis for a decision on the development of the deposit. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">35.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Proven Mineral Reserve</U>&#146; is the economically mineable part of a Measured Mineral Resource. It includes diluting materials and allowances for losses
which may occur when the material is mined. Appropriately detailed assessments and studies have been carried out and include consideration of and modification by realistically assumed mining, metallurgical, economic, marketing, legal, environmental,
social and governmental factors. These assessments demonstrate at the time of reporting that extraction is reasonably justified. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 30 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A Proven Mineral Reserve represents the highest confidence category. The style of
mineralization or other factors could mean that a Proven Mineral Reserve cannot be demonstrated in some deposits. Competent Persons should be aware of the consequences of declaring a Proven Mineral Reserve before satisfying themselves that all of
the relevant Mineral Resource parameters and modifying factors have been established at a similarly high level of confidence. Subsequent retraction of a publicly reported Proven Mineral Reserve can lead to investor uncertainty and lack of corporate
confidence. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">36.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The choice of the appropriate category of Mineral Reserve is determined primarily by the classification of the corresponding Mineral Resource and after considering any
uncertainties in the modifying factors. Allocation to the appropriate category must be made by the Competent Person. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>The Guide provides for a direct relationship between Indicated Mineral Resources and Probable Mineral Reserves and between Measured Mineral Resources and Proven Mineral Reserves. In other words, the
level of geoscientific confidence for Probable Mineral Reserves is at least as high as that required for the determination of Indicated Mineral Resources, and the level of geoscientific confidence for Proven Reserves is the same as that required for
the determination of Measured Mineral Resources. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The Guide provides for a two-way relationship between Measured Mineral
Resources and Probable Mineral Reserves. This is to cover the situation where uncertainties associated with any of the modifying factors considered when converting Mineral Resources to Mineral Reserves may result in there being a lower degree of
confidence in the Mineral Reserves than in the corresponding Mineral Resources. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If the uncertainties in the modifying
factors that prevented the Measured Mineral Resource being converted to a Proven Mineral Reserve are removed, then the Measured Mineral Resource may be converted to a Proven Mineral Reserve. No amount of confidence in the modifying factors for
conversion of a Mineral Resource into a Mineral Reserve can override the upper level of confidence which exists in the Mineral Resource. Under no circumstances can an Indicated Mineral Resource be converted to a Proven Mineral Reserve, unless new
information first justifies conversion to a Measured Mineral Resource. Under no circumstances can an Inferred Mineral Resource be converted to a Mineral Reserve unless first converted to an Indicated or Measured Mineral Resource. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Application of the category of a Proven Mineral Reserve implies the highest degree of confidence in the estimate. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Refer also to corresponding Clause 25 to 27 in this Guide regarding classification of Mineral Resources. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">37.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mineral Reserve estimates are not precise calculations. Tonnage and grade figures in reports should be expressed so as to convey the order of accuracy of the estimates
by rounding off to appropriately significant figures. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>To emphasize the imprecise nature of a Mineral Reserve
the final result should always be referred to as an estimate, not a calculation. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 31 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Competent Persons are encouraged, where appropriate, to discuss the relative accuracy
and/or confidence of the Mineral Reserve estimates. The statement should specify whether it relates to over-all or local estimates, and, if local, state the relevant tonnage or volume. Where a statement of the relative accuracy and/or confidence is
not possible, a qualitative discussion of the uncertainties should be provided. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Depending on the accuracy of the
estimate, rounding to the second or third significant figure should be sufficient. For example, 10,863,425 tons at 8.23&nbsp;per cent could be stated as 11&nbsp;million tons at 8.2 percent or 10.9&nbsp;million tons at 8.23 percent. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">38.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mineral Reserve reports must specify one or both of the categories of &#145;Proven&#146; and &#145;Probable&#146;. Reports that combine Proven and Probable Mineral
Reserve figures must provide estimates for each category if this information is material. Reports must not present contained metal figures unless corresponding tonnage and grade figures are also presented. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">39.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">When reporting a Mineral Reserve, tonnages, grades and mineral or metal contents must be reported after taking into account mining loss and mining dilution. Metal
contents can be reported after also taking into account processing recoveries. If processing recoveries are not taken into account, the percentage expected to be recovered or lost during processing must be reported. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">40.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">In situations where figures for both Mineral Resources and Mineral Reserves are reported, a clarifying statement must be included in the report which clearly indicates
that the Mineral Resources do not include any material reported as Mineral Reserves. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>An appropriate form of
clarifying statement may be: </I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>&#147;The Mineral Resources do not include material reported as Mineral Reserves.&#148;
</I></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is strongly recommended that, if there is a significant difference between a Mineral Reserve and the Mineral
Resource from which this Mineral Reserve was estimated, an explanation of the reasons for the difference should be included in the report. This will assist the reader of the report in making a judgment of the likelihood of the remaining Mineral
Resources eventually being converted to Mineral Reserves. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When converting Mineral Resources to Mineral Reserves,
Mineral Reserves may incorporate material (dilution) which may not have been included in the original Mineral Resource. This fundamental difference between Mineral Resources and Mineral Reserves should be explained if of material significance.
</I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Remaining Mineral Resources must be reported separately from Mineral Reserves because the resulting total may be very
misleading in economic terms and may be misunderstood or, more seriously, misused to give a false impression of the prospectivity of a project. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Public reporting of tonnage and grade estimates other than Mineral Resources and Mineral Reserves is not permitted under the Guide. Other estimates may be useful for an entity in its internal
calculations and evaluation processes, but their inclusion in public reports could cause confusion. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 32 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In preparing the Mineral Reserve statement, the relevant Mineral Resource statement on
which it is based should first be developed. This should be reconciled with the Mineral Resource statement estimated for the previous comparable period and differences (due, for example, to mine production, exploration, etc.) should be identified.
The application of appropriate factors to the Mineral Resource can then be made to develop the Mineral Reserve statement which can also be reconciled with the previous comparable Mineral Reserve statement. Mining companies are encouraged to
reconcile estimates whenever possible in their reports. A detailed account of differences between Mineral Reserves and corresponding Mineral Resource figures is not essential, but sufficient comment should be made to enable significant variances to
be understood by the reader. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Reserve estimates are sometimes reported after adjustment by cutting of high
grades, the application of factors such as dilution, mine or mill &#147;call factors&#148;, and similar modifying factors. If any of the data are materially adjusted or modified for the purpose of making the estimate, this should be clearly stated
in a public Mineral Reserve report and the nature of the adjustment or modification described. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">41.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">As a minimum, the entity should enable the Competent Person to review Mineral Resource and Mineral Reserve supporting documents on an annual basis. Reports must be
updated if there are significant changes in technical and economic parameters. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If such review results in
material changes in, or reclassification of Mineral Resources and Mineral Reserves, timely disclosure may be required. In operating mines, reconciliation reports which compare mined resources and reserves with actual production, should be reviewed
annually. </I></FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_12"></A>Mineral Reserves Declaration Report </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">42.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public disclosure of Mineral Reserves is allowed only after completion of a technical and economic study whose results and supporting documentation form a &#145;Mineral
Reserves Declaration Report&#146;. The Competent Person is responsible for the content of the Mineral Reserves Declaration Report and supporting documentation. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>The content of a Mineral Reserves Declaration Report will vary depending on the project being studied. It is the responsibility of the Competent Person to determine that all applicable subjects are
taken into account when preparing the report. A checklist of assessment criteria is given in Table 1. It is the responsibility of the Competent Person to determine which ones of these criteria and which additional criteria should apply to a
particular project. The relative importance of these criteria will vary with the particular project and the legal and economic conditions pertaining at the time of determination. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The Mineral Reserves Declaration Report can be a single document in which all assessment criteria deemed applicable by the Competent
Person are analyzed, or a summary document which contains supporting documentation by reference only. The Competent Person takes responsibility for the content of the Mineral Reserves Declaration Report and all supporting documentation included by
reference. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">43.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">A &#145;<U>Mineral Reserves Declaration Report</U>&#146; is the result of a properly defined, adequately scoped, and professionally executed study of
the viability of a </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 33 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
mineral project. The study must have advanced to the stage where mining and mineral processing methods are defined and permitting is determined to be feasible. Realistic production and/or sales
schedules must have been developed for the life of the project, including estimates of capital and operating costs. For projects with very long life the study must be sufficient to justify investments needed for current and planned production, as
well as ongoing investments which will be needed to maintain long-term operations. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">For new projects, the study must include a
financial analysis, based on realistically assumed mining, metallurgical, economic, marketing, legal, environmental, social and governmental factors, that is sufficient for a Competent Person, acting reasonably, to determine if all or part of the
Measured and Indicated Mineral Resource may be converted to a Mineral Reserve. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">For addition of Mineral Reserves to an existing
operation or project, the study must be thorough enough to ensure that, in the opinion of the Competent Person, the previously declared Mineral Reserve combined with the new addition can be reported as a Mineral Reserve. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In making a Mineral Reserves declaration, it is implicit that the Mineral Reserves Declaration Report and associated studies conclude
that, in the opinion of the Competent Person, the material disclosed meets the requirements of technical and economic viability and that, in the opinion of the entity reporting the Mineral Reserves, development of the Mineral Reserves would meet
reasonable investment criteria when compared to alternative investments with similar risk. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In the case of a new mine,
the Mineral Reserves Declaration Report will comprise, either in its entirety or by reference, a comprehensive suite of documents, produced under the supervision of a Competent Person, which support the reserve estimates being published. It is the
Competent Person&#146;s responsibility to ensure that the documentation is sufficiently complete, accurate and cohesive as a whole to demonstrate the required confidence to enable public disclosure of the Mineral Reserves. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In the case of an operating mine, where existing reserves and mining experience lend greater confidence to the estimation of contiguous
or nearby reserves, ensuring that the work done addresses all the issues required to establish a Mineral Reserve remains the responsibility of a Competent Person. The work must be supported by a Mineral Reserves Declaration Report covering, either
directly or by reference, all of the relevant factors but with selective modification and allowances based on operating data and the inclusion of the new reserves in an overall project mining plan. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In the case of an operating mine or a mine with historical operation, if sufficient data are available, a reconciliation report should
be included in the Minerals Reserves Declaration Report. A reconciliation report is a report which, for a defined time period or volume mined, compares actual production (as estimated from ore control, mine production reports, and/or mill production
reports) with expected production as determined from the deposit model used for reserve estimation. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">44.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public Reporting of a Mineral Reserve will normally indicate the intent to mine, or that a tangible asset has been defined for potential sale. Sufficient work should
have been done during the study to confirm with reasonable certainty that there are no likely impediments, whether technical, economic or legal, to a mining operation being established. </FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 34 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A Mineral Reserve Declaration Report must discuss and explain risk </I>(defined as the
possibility of loss or failure)<I>, and where possible provide further explanation of how uncertainty </I>(defined as incomplete knowledge which can result in either risk or opportunities) <I>will be handled. If representing material information,
project risk must also be disclosed in terms that the lay investor can understand. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Where Mineral Reserves have been
defined but are scheduled to be mined at a date some distance in the future (as is commonly the case in the coal industry), sufficient assurance should be available on annual basis that, in the judgment of the Competent Person, endorsed by the
reporting entity, economic viability can be demonstrated and the reserves retained in inventory. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Once Mineral Reserves
have been defined and disclosed, further optimization may take place together with other refinements designed to provide sufficiently detailed engineering to establish cost estimates, define and mitigate risks and determine an implementation plan.
However, it is implicit in a reserves declaration that this phase of optimization will not materially negatively affect the quantity, quality or economic viability of the Mineral Reserves. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When a Mineral Reserve is published, an assurance statement must be made that the Mineral Reserve Declaration Report standard was
followed. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">45.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The contents of a Mineral Reserves Declaration Report may include sensitive information on product pricing strategies, marketing and sales forecasts and as such may
remain confidential to the reporting entity. Where required or requested for the purposes of review or audit, the reporting entity will release this information to appropriate bodies such as the regulators or auditors on a confidential basis as
supplemental information. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">46.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Table 1 provides, in a summary form, a list of the main criteria which should be considered when preparing reports on Exploration Results, Mineral Resources and Mineral
Reserves. These criteria must be taken into account when preparing a Mineral Reserves Declaration Report, but need not be discussed in a public report unless they materially affect estimation or classification of the Mineral Reserves.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is not necessary, when publicly reporting Mineral Reserves, to comment on each item in Table 1, but it is
essential to discuss any matters which might materially affect the reader&#146;s understanding or interpretation of the results or estimates being reported. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">47.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">In estimating Mineral Reserves, information on assumed metallurgical recovery factors and processing losses play a critical role. Similarly, information relating to
deleterious elements and physical characteristics that affect the ability to beneficiate or sell the product is also critical. This information must be discussed in the Mineral Reserves Declaration Report and, depending on its materiality, may have
to be publicly disclosed. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">48.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Only that part of a Mineral Resource that has been classified as a Measured or Indicated Mineral Resource can be considered for conversion to a Mineral
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 35 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">
Reserve. Under no circumstance can an Inferred Mineral Resources be converted to a Mineral Reserve unless it is first converted to an Indicated or Measured Mineral Resource. When completing
production schedules and economic studies for the purpose of determining whether a Mineral Reserve can be publicly reported, no material other than Measured and Indicated Mineral Resources should be considered. </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_13"></A>Mineral Reserves and Commodity Pricing </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">49.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Commodity prices used for the determination of Mineral Reserves should be based on forward-looking estimates reflecting management&#146;s reasonable and supportable
short- and long-term expectations as supported by all available evidence. The basis for the selected prices must be justified and supported by appropriate documentation. The Competent Person must ascertain that these prices are consistent with
historical prices or with sales agreements and marketing determinations. </FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">50.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">For current mining operations, the price profile used for Mineral Reserve estimation can reflect current market conditions for short-term forecasts, while trending with
time upward or downward toward the long-term price estimates based on management&#146;s expectations. For undeveloped Mineral Reserves, management should use their long-term price expectations. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">51.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">For commodities sold under existing contracts, Mineral Reserves should be determined based on contract terms. For Mineral Reserves whose production would extend beyond
the quantities specified in existing contracts, reasonable and supportable assumptions should be made to determine the prices applicable for the estimation and reporting of these Mineral Reserves. </FONT></TD></TR></TABLE>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">52.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">To demonstrate the economic feasibility of a Mineral Reserve, the estimated prices, combined with other engineering parameters and modifying factors, must be applied to
only Measured and Indicated Mineral Resources. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Reserves being the economically mineable part of a
Measured or Indicated Mineral Resource, appropriate assessments must demonstrate at the time of reporting that extraction is reasonably justified. This requires that assumptions are made concerning the price of the commodity or product that will be
sold when the mine is in production. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineral Reserves are estimated and published to supply information to investors
concerning the value of the deposit and the risk which may be associated with its development. Mineral Reserves are used by management, in conjunction with Mineral Resources, for short-term, long-term and strategic planning. They play a critical
role in accounting, including impairment testing, fair value accounting, calculation of depreciation, depletion and accumulated retirement obligation provision rates. To supply investors with information which is consistent with management&#146;s
plans and financial reporting, commodity prices used for the determination of Mineral Reserves should be based on forward-looking estimates reflecting management&#146;s reasonable expectations as supported by all available evidence. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 36 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Management&#146;s price expectations must be reasonable and supportable. Most
commodities, whether sold using publicly quoted prices (e.g., base metals and precious metals) or under long term contract (e.g., coal and iron ore), experience long term price cycles. Price expectations should reflect current prices as well as
long-term trends. Overly optimistic or pessimistic price expectations could result in significant over or underestimation of reserves. It is the responsibility of management and the Competent Person to determine whether the prices used for reserve
estimation are reasonable and supportable, given all available information. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>During periods of low prices, a mining
company may choose to temporarily curtail operations and save the asset until prices recover. When such actions are taken, this information must be publicly disclosed. In such circumstances, previously published Mineral Reserves may not have to be
written off, provided, in the opinion of management and the Competent Person higher future prices can be reasonably and supportably assumed. As discussed below, whenever applicable a Reserve Sensitivity Test must be performed as part of the Mineral
Reserves estimation process, the results of which will assist investors in determining the risk associated with a project in periods of low commodity prices. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">53.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The forward price profile used to estimate Mineral Reserves, including expected short-term and long-term prices, and justification of these prices, must be documented.
This documentation must be included in the Mineral Reserves Declaration Report. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is likely that part or all
of the price profile documentation will contain sensitive information which should be treated as confidential. Where required or requested for the purposes of review or audit, this information may be released to appropriate bodies such as the U.S.
SEC or auditors on a confidential basis as supplemental information. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The documentation supporting management&#146;s
expectations may include: comparison of prices with historical and current prices and forward curves, contracts and market considerations, currency exchange rates where applicable, third party sources, and supplemental information. </I></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">54.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Public disclosure of prices used for Mineral Reserve estimation is recommended but not required. When commodity prices are disclosed, disclosure can be as a single
price estimate equal to that used for reserve determination, or as a range of prices within which no material change in reserves would occur. Whether or not commodity prices used to estimate reserves are published, the overall methodology used to
determine those prices should be disclosed. Such disclosure should be in a form which helps investors determine whether, in their own opinion, prices used represent reasonable views of future prices. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is recognized that in some cases, such as when a product is sold under long term contract the terms of which must be kept
confidential, there can be valid commercial reasons for non-disclosure. There are circumstances where disclosure of long term price assumptions used for business planning and reserve reporting can be detrimental to the company and the investors,
such as when bidding for sales contracts or property acquisitions. If prices are not published, the reasons for doing so must be documented. This documentation may be treated as confidential but should be available for review by auditors or
regulators when required. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 37 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_14"></A>Reserves Sensitivity Test </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">55.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">When estimating Mineral Reserves, and if historical commodity prices are available, a &#145;<U>Reserves Sensitivity Test</U>&#146; should be conducted. The objective is
to assess and report the sensitivity of the Mineral Reserves to recent fluctuations in commodity prices. This test is conducted based upon the realization of a positive non-discounted cumulative forward-looking cash flow at a &#145;<U>Test
Price</U>&#146; equal to the average commodity price which prevailed during the most recent last three-years. The Test Price should be calculated as of the end of the financial year of the reporting entity, or within six months prior to the end of
the financial year. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the commodity price(s) used to develop the reserves is higher than the most recent
three-year average price(s), the reporting entity should determine if mining the reserves at the most recent three-year average commodity price(s) generates non-discounted, forward-looking positive cumulative cash flow for each operating unit. If
not, the reporting entity should disclose for those operating units (whether in production, proposed or curtailed) the commodity price(s) that is required to achieve positive cumulative cash flow. </FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">It is recognized that there are commodities for which historical prices which reflect the value of the product sold (or to be sold) are
not publicly available. In such circumstances, a Test Price cannot be calculated, and a Reserves Sensitivity Test is not required. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>A Test Price can usually be calculated for base metals and precious metals as such prices are quoted on international exchanges. There are other commodities for which publicly quoted prices may not be
available or may not represent the value of the product sold or to be sold. In such cases, a Reserves Sensitivity Test cannot be meaningfully completed. The lack of necessary price information must be documented in the Mineral Reserves Declaration
Report. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If a Mineral reserve is reported using a price lower than the test price, the forward-looking discounted cash
flow must be positive, and the Reserve Sensitivity Test (based on an undiscounted cash flow) need not be performed. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When applicable, a statement should be made that a Reserves Sensitivity Test was completed, or that such a test was not applicable. The
test results must be included in the Mineral Reserves Declaration Report. The Reserves Sensitivity Test should be applied to each mine or each reporting unit, in accordance with the format used in publicly reporting the Mineral Reserves. The test
results should be listed separately for each mine or reporting unit which failed to pass the test. Mines or reporting units which successfully passed the test can be reported as a group. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>If the Reserve Sensitivity Test was applied and failed during the current and previous reporting years, this should be taken into
account to determine whether continued declaration of reserves is justified. Even if reserves can still be declared, the Competent Person may recommend additional disclosure explaining why reserves continue to be declared in spite of failing the
test two years in a row. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 38 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When exchange rates must be taken into account to complete the Reserves Sensitivity Test,
the average exchange rate which prevailed during the last three years should be used. When conducting the Reserves Sensitivity Test, all prices and costs must be on a constant price (un-escalated) basis. </I></FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_15"></A>Permitting and Legal Requirements </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">56.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">For a mineral deposit to be considered a Mineral Reserve, it is required that legally enforceable mineral title sufficient to allow exploration, development and
extraction is controlled by the reporting entity at the time of determination. If the reporting entity is leasing or sub-leasing the mineral, the lease or sub-lease should be from an entity which has control of the necessary mineral titles. There
must be no known material obstacles to mining, such as those which have caused shut down of mines or processing plants, or failure to get permits to operate. There must be a reasonable expectation that all permits, ancillary rights and
authorizations required for mining, and to the extent applicable processing, can be obtained in a timely fashion, and maintained for ongoing operations. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>The reporting entity must complete a review of all legal and permitting requirements and document the results of this review. Local environmental laws and processes must be taken into account. To
demonstrate reasonable expectation that all permits, ancillary rights and authorizations can be obtained, the reporting entity must show understanding of the procedures to be followed to obtain such permits, ancillary rights and authorizations.
Demonstrating earlier success in getting the necessary permits can be used to document the likelihood of success. If permits are required, but there is no defined procedure to obtain such permits, reasonable expectation of success may be questioned.
</I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Information which materially increases or decreases the risk that the necessary legal rights or permits will be
obtained must be publicly disclosed. It is recognized that the legal and permitting environment may change over time and that such changes could have an impact on reserve determination. If it is determined that obstacles arise or are eliminated, the
reserve estimates must be adjusted accordingly. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>It is recognized that some permits cannot be obtained until after a
reserve has been declared. There might be sound business reasons why obtaining some permits should be postponed. It is also recognized that waiting for all permits to be on hand could result in critical information not being released to the
investors in a timely fashion. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Documentation should include a brief description of the title, claim, lease or option
under which the reporting entity has or will have the right to hold or operate the property, indicating any conditions which the registrant must meet in order to obtain or retain the property. If held by leases or options, the expiration dates of
such leases or options should be stated. If extension of leases or options will be needed to mine the reserves, there should be reasonable expectation that such extension will be granted. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Information relating to this review of legal and permitting issues must be documented in the Mineral Reserves Declaration Report either
in full or by reference. The information may remain confidential to the reporting entity. However, when required, it may be released to regulators or auditors on a confidential basis. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 39 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">57.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the reporting entity has title in a mineral deposit which meets all the reserve criteria, and licenses, leases, or subleases the reserves to another entity for
economic consideration, the Mineral Reserves that have been licensed, leased, or subleased, must be reported by the reporting entity (the lessor) as a subset of the entity&#146;s total Mineral Reserves. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">If the reporting entity has licensed, leased, or subleased Mineral Reserves from another entity, the Mineral Reserves that have been
licensed, leased, or subleased, must be reported by the reporting entity (the lessee) as a subset of the entity&#146;s total Mineral Reserves. </FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>This requirement for additional disclosure is particularly relevant to mineral holding companies whose business is leasing mineral properties. </I></FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_16"></A>Reporting of Mineralized Fill, Pillars, Low-Grade Mineralization, Stockpiles, Dumps and Tailings </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">58.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Guide applies to the reporting of all potentially economic mineralized material including mineralized fill, pillars, low-grade mineralization, stockpiles, dumps,
and tailings. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>For the purposes of the Guide, mineralized stope fill and stockpiles of mineralized material
can be considered to be similar to in situ mineralization when reporting Mineral Resources and Mineral Reserves. Consequently the Competent Person carrying out the assessment of the fill or stockpiles must use the bases of classification outlined in
the Guide. In most cases, the opinion of a mining engineer should be sought when making judgments about the mineability of fill, remnants and pillars. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>If there are not reasonable prospects for the economic extraction of a particular portion of the fill or stockpile, then this material cannot be classified as either Mineral Resources or Mineral
Reserves. If some portion is currently sub-economic but there is a reasonable expectation that it will become economic, then this material may be classified as a Mineral Resource. Such stockpile material may include old dumps and tailings dam
material. If technical and economic studies have demonstrated that economic extraction could reasonably be justified under realistically assumed conditions, then the material may be classified as a Mineral Reserve. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Because processing recoveries for previously mined material (mineralized fill, stockpiles, dumps, and tailings) are usually different
from those expected from un-mined in situ material, the Competent Person should obtain the professional opinion of a metallurgical engineer regarding the processing recoveries that can be expected from these types of materials. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The above guidelines apply equally to low-grade in situ mineralization, sometimes referred to colloquially as &#147;mineralized
waste&#148; or &#147;marginal-grade material&#148;, and often intended for stockpiling and treatment towards the end of mine life. For clarity of understanding, it is recommended that tonnage and grade estimates of such material be itemized
separately in public reports, although they may be aggregated with total Mineral Resource and Mineral Reserve figures. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Stockpiles are defined to include both surface and underground stockpiles, including broken ore in stopes, and can include ore
currently in the ore storage system. Mineralized material in the course of being processed (including leaching), if reported and of material importance, should be reported separately together with the basis for estimation. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 40 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineralized remnants, shaft pillars and mining pillars which are potentially mineable are
in situ mineralization and consequently are included in the Guide definitions of Mineral Resources and Mineral Reserves. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Mineralized remnants, shaft pillars and mining pillars which are not potentially mineable must not be included in Mineral Resource and
Mineral Reserve statements. </I></FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_17"></A>Reporting of Exploration Results for Coal, Coal Resources and Coal
Reserves </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">59.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The clauses in this section of the Guide address matters that relate specifically to the Public Reporting of Mineral Resources and Mineral Reserves for coal. Coal is
generally sold on the basis of product specifications and market acceptance. Such factors as quality and marketability are therefore important and should be carefully considered before declaring coal resources or coal reserves. Unless otherwise
stated, all other clauses in this Guide, including Figure 1 and Table 1, apply to Exploration Results, Mineral Resources and Mineral Reserves for coal. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>When reporting information and estimates for coal deposits, the key principles and purpose of the Guide apply and should be borne in mind. Because of coal specific characteristics &#150; including
geological continuity over large areas, the strategic value of controlling very long term reserves, and product pricing highly dependent on deposit location and coal quality &#150; the most significant requirements which must be satisfied before a
resource or a reserve is declared are not necessarily the same for coal as they are for other minerals. </I></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">60.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The terms &#145;Mineral Resource&#146; and &#145;Mineral Reserve&#146;, and the subdivisions of these terms as illustrated on Figure 1, apply also to coal reporting,
but if preferred by the reporting entity, the terms &#145;Coal Resource&#146; and &#145;Coal Reserve&#146; and the appropriate subdivisions may be substituted. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>When assessing criteria listed in this Guide which may be applicable to coal, the term &#145;grade&#146; should generally be considered equivalent to &#145;coal quality&#146;. </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">61.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">As for all minerals, it is the responsibility of the Competent Person to determine in each particular situation which specific requirement must be satisfied before a
Coal Resource or a Coal Reserve can be declared. The Competent Person should determine which evaluation criteria in Table 1 are applicable, which additional evaluation criteria should be taken into account if any, and the materiality of such
criteria. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Many criteria listed in Table 1 which may be critical to the evaluation of other mineral deposits,
such as base metals or precious metals, will not apply to the evaluation of coal deposits. Such criteria as coal quality, cost to markets including transportation cost, location and quality of competing coal reserves, and ability to compete with
such reserves to access the market, are important and should be carefully considered before declaring a Coal Reserve. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 41 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Geological similarity between neighboring coal deposits can greatly simplify
demonstration of a new Coal Resource, as well as reduce the technical and economic study requirements needed to demonstrate a Coal Reserve next to an operating mine. Geological similarity must be demonstrated by means of drill holes, mapping or
other deposit-specific geoscientific evidence to a suitable level of confidence required to declare Measured and/or Indicated Resources. Mere inference of the continuity of coal thickness and quality from an operating mine onto a neighboring block
or property is not sufficient to declare Measured and Indicated Resources and subsequently a Reserve. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Demonstration of
geological similarity or analogy with an operating mine is usually not sufficient to demonstrate technical and economic feasibility. Factors such as access to the deposit and permitting constraints are likely to be project specific. It is the
responsibility of the Competent Person to ascertain that there is sufficient information to demonstrate geological similarity and to determine which additional factors must be taken into account to demonstrate technical and economic feasibility with
a reasonable level of confidence. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When a coal deposit is scheduled to be mined at a date some distance in the future,
declaration of a Coal Reserve implies reasonable expectation at the time of reporting that the necessary permits could be obtained as needed. </I></FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">62.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Coal Resources and Coal Reserves should be reported as saleable product, either as run-of-mine coal or washed coal. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>For coal deposits, it is common practice to report a saleable product rather than the &#147;as mined&#148; product which is
traditionally regarded as the Mineral Reserve for most other minerals. It is important that a clarifying statement is included to ensure that the reader is fully informed as to what is being reported. Some coal deposits may be capable of yielding
products suitable for more than one application and/or specification. If considered material by the reporting entity, such multiple products should be quantified and reported. </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">63.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Coal Resources and Coal Reserves should be reported as Assigned or Unassigned. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>Assigned coal is coal that has been committed by the coal company to operating mine shafts, mining equipment, and plant facilities, and all coal which has been leased by the company to others.
Unassigned coal represents coal that has not been committed, and which would require new mine shafts, mining equipment, or plant facilities before operations could begin on the property. The primary reason for this distinction is to inform investors
which coal will require substantial capital investments before production can begin. Coal which has been leased to another company or is leased from another company must be disclosed separately. </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">64.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Recommendations made in this Guide, that price assumptions and sensitivity to price changes be disclosed, do not apply to coal. </FONT></TD></TR></TABLE>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Coal is being sold in a highly competitive national and international market. Price disclosure can be viewed as price signaling and
interpreted as anticompetitive. For business and legal reasons, disclosure of price assumptions made when estimating Coal Resources and Coal Reserves may be detrimental to the interest of shareholders and is usually not advisable. Other requirements
concerning </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 42 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>
pricing which are included in the Guide are applicable to coal. This includes the requirement that prices be based on forward-looking estimates reflecting management&#146;s reasonable and
supportable short- and long-term expectations, and that justification for such prices be documented. </I></FONT></P> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_18">
</A>Reporting of Exploration Results, Mineral Resources and Mineral Reserves for Industrial Minerals </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">65.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The clauses in this section of the Guide address matters that relate specifically to the Public Reporting of industrial minerals, stone and aggregates of all forms and
other bulk commodities such as borates, talc, kaolin, etc. that are generally sold on the basis of their product specifications and market acceptance. Such factors as quality and marketability are therefore important and should be carefully
considered before declaring Mineral Reserves. Unless otherwise stated, all other clauses in this Guide, including Figure 1 and Table 1, apply to Exploration Results, Mineral Resources and Mineral Reserves for industrial minerals.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>When reporting information and estimates for industrial minerals, the key principles and purpose of the Guide
apply and should be borne in mind. Assays may not always be relevant, and other quality criteria may be more applicable. If criteria such as deleterious minerals or physical properties are of more relevance than the composition of the bulk mineral
itself, then they should be reported accordingly. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The factors underpinning the estimation of Mineral Resources and
Mineral Reserves for industrial minerals are the same as those for other deposit types covered by the Guide. It may be necessary, prior to the reporting of a Mineral Resource or Mineral Reserve, to take particular account of certain key
characteristics or qualities such as likely product specifications, proximity to markets, and present access to market or ability to obtain access to market. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>For some industrial minerals, it is common practice to report the saleable product rather than the &#147;as-mined&#148; product, which is traditionally regarded as the Mineral Reserve for base and
precious metals and other minerals. It is important that, in all situations where the saleable product is reported, a clarifying statement is included to ensure that the reader is fully informed as to what is being reported. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Some industrial mineral deposits may be capable of yielding products suitable for more than one application and/or specification. If
considered material by the reporting entity, such multiple products should be quantified either separately or as a percentage of the bulk deposit. </I></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">66.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">With respect to modifying factors, the normal geological parameters may be less important in the case of industrial minerals, stone and aggregate. Such factors as
quality, transportation, cost to markets, location and quality of competing reserves, and ability to compete with such reserves to access the market, are important and should be carefully considered before declaring Mineral Reserves.
</FONT></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">67.</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">As a general rule, a Mineral Reserve cannot be declared unless there are reasonable expectations that all permits, ancillary rights and authorizations
required for mining can be obtained. For some minerals such as sand, gravel and aggregates, permitting requirements may be such that reasonable expectations can only be defined by
</FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 43 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">
comparison with competing reserves. When a deposit is scheduled to be mined at a date some distance in the future, declaration of a Mineral Reserve implies reasonable expectation at the time of
reporting that the necessary permits could be obtained when needed. </FONT></TD></TR></TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">68.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Recommendations made in this Guide, that price assumptions and sensitivity to price changes be disclosed, may not apply to all industrial minerals.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Some industrial minerals are sold in a highly competitive local, national and/or international market. For
business and legal reasons, disclosure of price assumptions may be detrimental to the interest of shareholders and may not be advisable. Other requirements concerning pricing which are included in the Guide are applicable to industrial minerals.
This includes the requirement that prices be based on forward-looking estimates reflecting management&#146;s reasonable and supportable short- and long-term expectations, and that justification for such prices be documented.</I> </FONT></P>
<P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_19"></A>Reporting Exploration Results, Mineral Resources and Mineral Reserves for Diamonds and Other Gemstones
</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">69.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The clauses in this section of the Guide address matters that relate specifically to the Public Reporting of Exploration Results, Mineral Resources and Mineral Reserves
for diamonds and other gemstones. Unless otherwise stated, all other clauses in this Guide, including Figure 1 and Table 1, apply to Exploration Results, Mineral Resources and Mineral Reserves for diamonds and other gemstones.
</FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>For the purposes of Public Reporting, the requirements for diamonds and other gemstones are generally similar
to those for other commodities with the replacement of terms such as &#145;mineral&#146; by &#145;diamond&#146; and &#145;grade&#146; by &#145;grade and average diamond value&#146;. The term &#145;quality&#146; should not be substituted for
&#145;grade,&#146; since in diamond deposits these have distinctly separate meanings. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>A number of characteristics of
diamond deposits are different from those of, for example, typical metalliferous and coal deposits and require special consideration. These include the generally low mineral content and variability of primary and placer deposits, the particulate
nature of diamonds, the specialized requirement for diamond valuation and the inherent difficulties and uncertainties in the estimation of diamond resources and reserves. </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">70.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reports of diamonds recovered from sampling programs must provide material information relating to the basis on which the sample is taken, the method of recovery and
the recovery of the diamonds. The weight of diamonds recovered may only be omitted from the report when the diamonds are considered to be too small to be of commercial significance. The lower cutoff size should be stated along with the type of
bottom sieve used. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>The stone size distribution and price of diamonds and other gemstones are critical
components of the resource and reserve estimates. At an early exploration stage, sampling and delineation drilling will not usually provide this information, which relies on large diameter drilling and, in particular, bulk sampling. </I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 44 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In order to demonstrate that a resource has reasonable prospects for economic extraction,
some appreciation of the likely stone size distribution and price is necessary, however preliminary. To determine an Inferred Mineral Resource in simple, single-facies or single-phase deposits, such information may be obtainable by representative
large diameter drilling. More often, some form of bulk sampling, such as pitting and trenching, would be employed to provide larger sample parcels. </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>In order to progress to an Indicated Mineral Resource, and from there to a Probable Mineral Reserve, it is likely that much more extensive bulk sampling would be needed to fully determine the stone
size distribution and value. Commonly such bulk samples would be obtained by underground development designed to obtain sufficient diamonds to enable a confident estimate of price. </I></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>In complex deposits, it may be very difficult to ensure that the bulk samples taken are truly representative of the whole deposit. The
lack of direct bulk sampling, and the uncertainty in demonstrating spatial continuity of size and price relationships should be persuasive in determining the appropriate resource category. </I></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">71.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Where diamond Mineral Resource or Mineral Reserve grades (carats per ton) are based on correlations between the frequency of occurrence of micro-diamonds and of
commercial size stones, this must be stated, the reliability of the procedure must be explained and the number of stones and their weight reported by sieve size. </FONT></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">72.</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">For Public Reports dealing with diamond or other gemstone mineralization, it is a requirement that a statement verifying the independence of the valuation accompany any
reported valuation of a parcel of diamonds or gemstones. The valuation must be based on a report from a demonstrably reputable and qualified expert. </FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><I>If a valuation of a parcel of diamonds is reported, the weight in carats and the lower cutoff size of the contained diamonds must be stated and the value of the diamonds must be given in U.S. dollars
per carat. Where the valuation is used in the estimation of diamond Mineral Resources or Mineral Reserves, the valuation must be based on a parcel representative of the size, shape and color distributions of the diamond population in the deposit.
</I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px; margin-left:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I>Diamond valuations should not be reported for samples of diamonds processed using total liberation methods.
</I></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 45 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_20"></A>TABLE 1. Checklist of Assessment Criteria </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Estimates of the value of mineral projects are expressions of judgment predicated on knowledge and experience. Such estimates are more than arbitrary
determinations; they seek to attach value as a consequence of method. The methods employed must be scientifically valid, tested, using accepted scientific definitions of terms and accepted procedures, and best suited to the making of reliable
estimates for the project in question. Evaluation of mineral projects requires periodic examination and evaluation of all new and existing data. The dynamic nature of the evaluation of mineral projects implies that a valid estimate made at a given
time may be significantly changed when new information becomes available. Evaluation of a mineral project should consider all the criteria listed below and such additional criteria that may be viewed as significant. It is the responsibility of the
Competent Person to determine which criteria listed below and which additional criteria should apply to the study of a particular project. The relative importance of the criteria will vary with the particular project and the legal and economic
conditions pertaining at the time of determination. When information is publicly reported, it must be sufficient to enable an intelligent layman to make a reasonable and balanced assessment of the significance of this information. When and whether
information should be publicly released is subject to current laws and regulations in the relevant jurisdictions. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">A. General</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Purpose of report</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Statement of entity for whom the report was prepared, whether it was intended as a full or partial evaluation, what work was conducted, what work remains to be done.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Project Description</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of commodity, magnitude of project, background, and business arrangement.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. Project Location</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of location (country, state or province, county, township and range, easting and northing, etc.); a map showing location and access should exist.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. Property Ownership</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of ownership of surface rights, mineral rights, access rights, leases, concessions, royalties, and other encumbrances and liabilities.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 46 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">B. Project Data</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Location of Project Data</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Maps and cross sections or other two- or three-dimensional representation of results should exist, showing location of samples, drill holes, exploration pits, underground workings,
geological data, etc. When evaluating drill hole results, consideration should be given to depth to top and bottom of mineralization, to total length and average grade of intercepts, and to the accuracy of survey information including down-hole
surveys.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Particular attention should be given to drill hole and other sample survey information including down-hole surveys. If the sample locations are not well
known, the effect on the resource estimates should be considered.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource. The location of samples and other relevant features (property lines, mine workings, etc.) should be well-known. The location of drill hole collars should be
accurate and the adequacy of the down-hole surveying technique should be reviewed and commented on.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Geological Data</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of the nature, detail, and reliability of geological information (rock types, structure, alterations, mineralizations, and relation to known mineralized zones, etc.).
Description of geophysical and geochemical data. Reliable geological maps and cross sections should exist to support interpretations.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Particular attention should be given to drill hole logging and other sample information used in resource evaluation. Description of the thoroughness with
which all significant lithologic, structural, mineralogical, alteration, or other geological or geotechnical characteristics were recorded. Significant data, or data that could materially influence the estimated quantity and quality of the resource,
should be discussed.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 47 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. Topography</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">General topographic map is sufficient</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Topographic map in sufficient detail to assess likelihood of eventual economic feasibility.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed topographic map. Aerial surveys must be checked with ground controls and surveys, particularly in areas of rugged terrain, dense vegetation or high
altitude.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. Sampling</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">a. Method</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of sample type and sample collection method (hand, grab, trench, channel, or chip sample; core hole, rotary hole, or reverse
circulation; bulk sample, etc.). Discussion of sample quality and representativeness (sample recovery, high grading, selective losses or contamination, and any other factors that may have resulted in sample biases, etc.).</FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Discussion of whether duplicate samples or alternative methods of sampling were used
to verify sample quality. If indirect methods of measurement were used (geophysical methods), these should be described, with attention given to errors in interpretation.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. The quantity and quality of sample information is critical to the reliability of resource estimates. Particular attention should be given to this
information.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource. Adequate sampling verification techniques, including appropriate numbers of duplicates and appropriate statistical analyses of duplicates are
required.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">b. Preparation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of laboratory and method used for sample preparation, sub-sampling and size reduction, and likelihood of inadequate or
non-representative samples (improper size reduction, contamination, etc.).</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Discussion of whether tests were performed to verify the suitability of sample preparation.</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Verification of the suitability of sample preparation is required.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 48 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">c. Analysis&nbsp;&nbsp;&nbsp;&nbsp;</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Identification of laboratory and analytical method (fire assay, AA assay, emission spectroscopy, etc.). Discussion of precision and accuracy, including the use of check assays,
quality control programs, and submission of samples to other laboratories for verification.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Verification of analytical techniques and quality control programs are required. Check sampling and assaying must have been performed by independent
parties.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">d. Specific Gravity and Bulk Tonnage</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Discussion of how the tonnage factor was determined (assumed or measured). If assumed, which assumptions were made and on which basis. If measured, by what method and how
frequently. Discussion of whether different tonnage factors were used in different parts of the deposit and why.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource. The specific gravity and bulk tonnage must have been measured by methods that adequately account for void spaces (vugs, porosity, etc.) and for differences
between rock and alteration zones within the deposit.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">C. Interpretation</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Geological Interpretation and Model</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of geological model and inferences made from this model. Discussion of adequacy of data density and reliability, and whether the quality and quantity of information are
sufficient to support statements made or inferred concerning potential for significant economic discovery.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Discussion of sufficiency of data density to assure continuity of mineralization and provide an adequate data base for the estimation procedure used.
Discussion of the extent to which the interpretation is based on data or on assumptions and whether consideration was given to alternative interpretations or models.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Numerical Model</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed description of the method used and the assumptions made to</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Mineral Resource.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 49 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">estimate tonnages and grades (section, polygon, inverse distance, geostatistical, or other method). Description of how the geological interpretation was used to control the
resource estimates. Discussion of basis for using or not using grade cutting or capping. If a computer method was chosen, description of programs and parameters used. Geostatistical methods are extremely varied and should be described in detail. The
method chosen should be justified. The geostatistical parameters, including the variogram, and their compatibility with the geological interpretation should be discussed. Experience gained in applying geostatistics to similar deposits should be
taken into account.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">D. Extraction</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Mining</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">a. Method</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any obvious mining factors that could have a significant impact on the project feasibility.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any mining factors that could have a significant impact on the project feasibility. Discussion of possible mining methods.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mining method(s), mine plans and production schedules defined for the life of the project. Description and justification of mining method(s) to be used. Discussion of mining rate,
equipment selected, ore control methods, geotechnical and hydrological considerations, personnel requirements, dilution, and mine recovery. For open pit mines, discussion of pit slopes, slope stability, and strip ratio.
For</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 50 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">underground mines, discussion of mining method, rock mechanics considerations, mine design characteristics, and ventilation.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">b. Costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of capital and operating costs. All capital items identified. Detailed equipment list. Price quotes for all major equipment items. Major components of
operating costs itemized and justified. Capital and operating budgets defined by year.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Processing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">a. Method</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any obvious processing factors that could have a significant impact on the project feasibility.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any processing factors that could have a significant impact on the project feasibility. Discussion of possible processing methods.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of processing method(s) to be used, equipment, plant capacity and personnel requirements. Detailed flow sheet based on comprehensive metallurgical
program. Justification of estimated recovery (proportion of material sent to the processing plant that will be recovered) by geologic zone, whether based on historical information, laboratory test, or pilot plant results.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">b. Costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of capital and operating costs. All capital items identified. Detailed equipment list. Price quotes for all major equipment items. Major components of
operating costs itemized and justified. Capital and operating budgets defined by year.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 51 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. Recovery</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">a. Mining</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reported tonnages, grades and mineral contents must take into account mining dilution and losses. Description and justification of mining dilution and losses is
required.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:3.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">b. Processing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Discussion of whether the reported tonnages and grades consist of material in place or whether processing recoveries are included. If in-place values are reported, information must
be supplied concerning expected processing losses or recoveries. Justification of processing recoveries is required.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. Cutoff Grade</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Justification of the cutoff grade used to report resources.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of methods used to calculate cutoff grades.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">E. Infrastructure</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.&nbsp;Facilities</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions. It is reasonable to assume that necessary facilities could be built</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Necessary facilities have been designed (which may include processing plant, tails dam, leaching facilities, waste dumps, road and/or rail accesses, power supply, offices, housing,
security, etc.). Detailed map showing location of facilities. Construction schedule developed.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Staffing</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed staffing plan. Training. Salary scale.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 52 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. Supplies</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reasonable assumption that necessary supplies can be obtained.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">All necessary supplies have been identified (electricity, reagents, fuels, etc.). Demonstration that supplies are available as needed. Requirements specified on a yearly
basis.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. Hydrology</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">All water requirements specified and sources of water identified. Dewatering requirements estimated on the basis of data. Water disposal and quality control.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">5. Costs</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not determined</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of capital and operating costs. All capital items identified with sufficient detail for costing. Construction schedule and capital and operating
budgets defined by year.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">F. Environmental Compliance and Reclamation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of obvious environmental factors likely to stop the project.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any environmental factors that could have a significant impact on the project feasibility. Discussion of possible means of mitigation.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">The necessary permits have been obtained, or there is reasonable basis to believe that all permits required for the project can be obtained in a timely manner. Description of yearly
environmental compliance methods and costs, including reclamation..</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">G. Feasibility</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">1. Product Valuation</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of valuable and potentially valuable product(s) including suitability of products to market.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results. Stated reasonable assumptions concerning likely product value.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of product to be sold. Discussion of whether there exists a ready market for the product, whether contracts for the sale of the product are in place or expected to be
readily obtained. Detailed description of method used to estimate the</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 53 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">commodity price profiles used for cutoff grade calculation, economic analysis and project valuation. Demonstration that the price assumptions are reasonable and supportable.
Justification of assumptions made concerning production cost and value of product. Transportation, marketing, and other costs should be considered.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">2. Cash Flow Analysis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not applied.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not applied. Consideration of order of magnitude capital cost, operating costs and revenue indicate reasonable prospect of eventual economic extraction.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed cash flow analysis for the life of the project.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">3. Valuation Method</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not applied.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Stated reasonable assumptions.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed description of the method used to determine the economic feasibility of the project.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:2.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">4. Reserve Sensitivity Test</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Not applicable.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Not applicable.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Detailed description of method used and results obtained.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">H. Risk Analysis</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Generally not applied.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Sufficient risk assessment completed to justify reasonable prospect of eventual economic extraction.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fatal flaw analysis. Detailed assessment of project technical and economic risk. Description of actions which will be taken to mitigate risk. No significant risk of project
failure.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">I. Resource and Reserve Assurance Classification</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Data to support estimates with a sufficient degree of assurance is lacking. Specific quantities and grades/qualities cannot be reported.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of criteria used to classify the resource. When reported, a resource should be classified as Measured, Indicated, or Inferred. Depending on
materiality</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description and justification of criteria used to classify the reserves. Reserves are classified as Proven or Probable to reflect relative degrees of geological assurance. Depending
on</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 54 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Measured and Indicated resources may be combined if also reported separately. Inferred resources must be reported separately from Measured and Indicated Resources. To classify a
resource as Measured or Indicated, there must be a reasonably high level of confidence with respect to the quality of the information used to calculate this resource, as well as the interpretation of this information.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">materiality, Proven and Probable reserves may be combined if also reported separately. There should not be significant uncertainty concerning the economic viability of the project.
Only Measured and Indicated resources can be considered for inclusion in the reserve. Resources classified as Inferred lack the requisite degree of assurance to be included in the reserve.</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">J. Other Considerations</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any other significant information that is likely to prevent or facilitate the economic viability of the project. Identification of work or conditions required to
demonstrate the presence of a resource or to evaluate this resource.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Description of any other material information that could prevent or facilitate the economic viability of the resource. Identification of work or conditions required to convert the
resource to a reserve. A resource represents material that has the potential of being of economic value. It is recommended that, when publicly disclosing mineral resources, material assumptions made to estimate these resources are also disclosed.
Known information that significantly reduces or increases the probability of economic feasibility should be reported.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">While any other material information affecting the project should be discussed, no material impediments to the profitable exploitation of the property should remain. Material
uncertainties about the geology, extraction, processing, marketing, and legal requirements have been eliminated. It is not required that all permits be issued or that mining and processing facilities have been constructed. However, there should be a
reasonable basis to believe that permitting and construction of the necessary facilities can be accomplished in a timely manner.</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 55 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="26%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="24%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="23%"></TD></TR>

<TR>
<TD VALIGN="bottom" NOWRAP> <P STYLE="border-bottom:1px solid #000000;width:60pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Evaluation Criteria</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:63pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Exploration Results</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:57pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Resource</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="border-bottom:1px solid #000000;width:53pt"><FONT STYLE="font-family:Times New Roman" SIZE="1">Mineral Reserve</FONT></P></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">K. Qualification of Estimator(s)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Name and qualification of the Competent Person(s) preparing and reviewing the foregoing, and whether the Competent Person in independent with respect to the entity or project that
is the subject of the report.</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">See Exploration Results</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 56 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><A NAME="appa560814_21"></A>APPENDIX A </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">List of Recognized Professional Organizations (RPOs) </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="100%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">This list is updated from time to time by the Society for Mining, Metallurgy, and Exploration, Inc. Organizations which wish to be added
to the list should contact the SME at the following address:</FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Chairman, Resources and Reserves Committee</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Society for Mining, Metallurgy and
Exploration, Inc.</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">8307 Shaffer Parkway</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">P.O. Box 277002</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Littleton, CO 80127-7002</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px; text-indent:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">U.S.A.</FONT></P></TD></TR>
</TABLE> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:83pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Professional Organization</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:67pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Member Designation</FONT></P></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Society for Mining, Metallurgy, and Exploration, Inc. (SME)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Registered Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">American Institute of Professional Geologists (AIPG)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Certified Professional Geologist</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any state in the United States of America</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Licensed or Registered as a Professional</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Engineer</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">National Association of State Boards of Geology (ASBOG)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Licensed, Certified or Registered in:</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Alabama, Arizona, Arkansas, California, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Maine, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, North Carolina, Oregon,
Pennsylvania, Puerto Rico, South Carolina, Texas, Utah, Virginia, Washington, Wisconsin or Wyoming</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mining and Metallurgical Society of America (MMSA)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Qualified Professional</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Australasian Institute of Mining and Metallurgy (AusIMM)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fellow or Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Australian Institute of Geoscientists (AIG)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fellow or Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Engineering Council of South Africa (ECSA)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Professional Engineer</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">South African Council for Professional and Technical Surveyors (PLATO)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Professional Surveyor</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">South African Institute of Mining and Metallurgy (SAIMM)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fellow or Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">South African Council for Natural Scientific Professions (SACNASP)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Professional Natural Scientist</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Geological Society of South Africa (GSSA)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">European Federation of Geologists (EFG)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">European Geologist (EurGeol)</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Institute of Materials, Minerals and Mining (IMMM)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Fellow or Professional Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Institute of Geologists of Ireland (IGI)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Professional Member</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Geological Society of London (GSL)</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chartered Geologist</FONT></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Appendix A - Page 1 of 2</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 57 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="51%"></TD>
<TD VALIGN="bottom" WIDTH="2%"></TD>
<TD WIDTH="47%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:79pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Professional Association</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:67pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Member Designation</FONT></P></TD></TR>


<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Any organization or association of engineers and/or geoscientists given authority or recognition by statute in a jurisdiction of
Canada</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Licensed, certified, registered or accepted by:</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Professional Engineers Ontario,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers and
Geoscientists of British Columbia,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers and Geoscientists of Manitoba,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Geoscientists of Ontario,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers and Geoscientists of Newfoundland,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers, Geologists and Geophysicists of the Northwest Territories,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Geoscientists of Nova Scotia,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers and Geoscientists of New Brunswick,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers and Geoscientists of Saskatchewan,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Association of Professional Engineers, Geologists and Geophysicists of Alberta,</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px; margin-left:2.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ordre des G&eacute;ologues du Qu&eacute;bec,</FONT></P> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:2.00em"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Ordre des Ing&eacute;nieurs du Qu&eacute;bec</FONT></P></TD></TR>
<TR>
<TD HEIGHT="8" COLSPAN="3"></TD></TR>
<TR>
<TD VALIGN="top" COLSPAN="3" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">Appendix A - Page 2 of 2</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 58 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">APPENDIX II </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Members of the Mining Industry Working Group </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mining Companies: </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Anglo American plc </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">AngloGold Ashanti Limited </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Arch Coal, Inc. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Barrick Gold Corporation </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Cameco Corporation </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Coeur d&#146;Alene Mines Corporation </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">CONSOL Energy, Inc. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Freeport- McMoRan Copper&nbsp;&amp; Gold Inc. (a) </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Goldcorp Inc. </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Lehigh Hanson,HEIDELBERGCEMENT GROUP </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Impala Platinum Limited </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Newmont Mining Corporation (a) </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Peabody Energy Corporation (a) </FONT></P></TD></TR></TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Rio Tinto plc </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Consulting Company: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Duff and Phelps LLC represented by Edward Lee </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Working Group Leader: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Richard P. Graff (a), PricewaterhouseCoopers, LLP, retired </FONT></P></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">(a) members of the Mining Industry Working Group that was assembled by the FASB to assist the EITF in addressing the mining industry issues that resulted in the issuance of&nbsp;EITF 04-2, EITF 04-3, EITF
04-4 and EITF 04-6 in 2004 and 2005. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Working Group Sponsor: </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD WIDTH="2%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#149;</FONT></TD>
<TD WIDTH="1%" VALIGN="top"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">PricewaterhouseCoopers LLP </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">Page 59 of 59
</FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
<h5 align="left"><a href="#toc">Table of Contents</a></h5>


<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="55%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="11%"></TD></TR>


<TR>
<TD VALIGN="top">


<IMG SRC="g560814g75n06.jpg" ALT="LOGO">
</TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">B<SMALL>ARRICK</SMALL> G<SMALL>OLD</SMALL> C<SMALL>ORPORATION</SMALL></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="1">BCE Place, Canada Trust Tower</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Suite 3700, 161 Bay Street</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">P.O. Box 212</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Toronto, Ontario M5J 2S1</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Canada</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Tel:&nbsp;416.861.9911</FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="1">Fax&nbsp;:&nbsp;416.861.8243</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:24px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>APPENDIX B </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">June&nbsp;28, 2013 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>BY EDGAR </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="9%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="90%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Attention:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Tia L. Jenkins</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Senior Assistant Chief Accountant,</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Office of Beverages, Apparel, and Mining</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Securities and Exchange Commission</FONT></TD></TR>
</TABLE> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">Re:</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Barrick Gold Corporation </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Form 40-F for Fiscal Year Ended December&nbsp;31, 2012 </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Filed March&nbsp;28, 2013 </FONT></TD></TR></TABLE>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">File No.&nbsp;001-09059 </FONT></TD></TR></TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Reference is made to
the Annual Report on Form 40-F for the fiscal year ended December&nbsp;31, 2012 (File No.&nbsp;001-09059) (the &#147;Annual Report&#148;) filed by Barrick Gold Corporation (the &#147;Company&#148;) on March&nbsp;28, 2013 with the Securities and
Exchange Commission (the &#147;Commission&#148;). The Company acknowledges that the Company is responsible for the adequacy and accuracy of the disclosure in the Annual Report. The Company further acknowledges that comments of the staff of the
Commission or changes to disclosure in response to such comments do not foreclose the Commission from taking any action with respect to the Annual Report. In addition, the Company further acknowledges that it may not assert the comments of the staff
of the Commission as a defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Very truly yours, </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Barrick Gold Corporation </B></FONT></P>
<P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="40%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="13%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="86%"></TD></TR>


<TR>
<TD COLSPAN="3" VALIGN="top"></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" STYLE="BORDER-BOTTOM:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Ammar Al-Joundi</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Name:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ammar Al-Joundi</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Title:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President &amp; Chief Financial Officer</FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>g560814g11w29.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g560814g11w29.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1
M````5@````$#!0`!````:`````,#`0`!`````("`@!!1`0`!`````8"`@!%1
M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E`("@
MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H<
M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_``!$(`"T`5P,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0``
M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%
M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U
M-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*
MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:
MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#
M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q
M$R(R@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8
MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?H
MZ>KR\_3U]O?X^?K_V@`,`P$``A$#$0`_`/?Z***`"BF2N8H7D",Y520JCD^P
MKSR#Q?J5M+-%>Q^=&Y;=&V4=,]@>U8U:\:32EU+C!RV.QL_$6F7MQ);QW"K*
MCE0K\;L=QZTS5/$NFZ7E9)?-F'_+*+D_CV%><VU@VIW<D=F(X_XDCEE&3[`G
MJ:W]/\%2;/M&K3K;0KR45AG\6Z"N.&)KS5HQ^?0U=.$7JR.3Q;J^HZA$MG"5
M57#""(;F<>A->@HQ9%8J5)&2IZBN,F\2Z3HL1MM$M4D?H9.B_B>K5GZ1J.NZ
MGKD-VGF3JC8<#Y8U4]1Z?UXITZ_)*SES-]N@2AS*Z5D>BT445Z)SA1110`45
MB/XOT%+B:W;44$T.?-38V4QUR,<"M2TO+:_M4N;2>.>"0962-@RG\13<6MT2
MIQ>B9/5'4-'L-43%W;J[=G'##\:=:ZK87M[=6=M=1RW%J0)XU.3&3TS^50ZA
MX@TO2KF*VOKM89IO]6C*Q+_3`YI.'-[K5Q\Z2YKG+:WX,N$E,VF*CQ`#$.<,
M,>YZUB)::YJDBV12[D\KC9*2%3ZYKTG3]7T_55D-C=Q3^4=LBJ?F0^A'4?C5
M%_%V@QS3POJ*+)`<3*4;]W_O<<?C7)++U*7NW7=&BQ*2U:,W2O`]O!MEU&3S
MWZ^6O"#Z]S75111P1K'$BHB\!5&`*K2ZK8PZ9_:3W49LMN_ST.Y=OKD=J6RU
M.RU&Q%]:7"R6I!(EY"D#J<GM[UT4Z$::]U$RJ<SU9;HK$'B_06V$:@GEN_EK
M-L;RV;.,!\;3^=6YM<TVWU6+2Y;I5OI1F.$J=S#U''2M>278SYXOJ:%%5+?4
MK2ZO+BTAEWSVY`F3:?D)Y`)QCH<T5+5BDT]C@+,7K?$_Q(NG^1]J-B`GVC.S
M.X=<5:\!ZE8Z5X"O3&DRR:;)*+E)"#F4<D*1V)P!6XG@VTBU>ZU2+4-2CO+I
M=LLBRKRN<X'R\4]?!NEQ:3'IELUS;VZSBX?RY/FF<$'+D@D\@?E73*I!JWI^
M!R1I5(RYEY_B<5I/G>&_'^ES7%M<VZ:Q;F&Z:<`![G.XD8)[D#\:V_'#.OB_
MP>T:AW%S*54G&3M7C/:NAU_PS9>(UM1>2W"&UD\V)H'"D-V.<&DU'PQ:ZIJ.
MG7US=7?GZ>=T!5U`W<9)&WDG%+VL7)2?9C]C)1<%M=-?A<P/`K1ZOK.M>()3
MY&H32"VGL0/^/?9P,G^(G'7CO6!<:M<Z-K_CJ[M[,7*AH$ER?]6A4@OC^(#/
M2O08_#5C!XCEURW>>"ZF4+.L;XCEQT++CK[U'9>%;"RU+4;X2W$TFHC;<I,P
M9''3ICC@D4U4C=OT_03HS<4NJ;U^_7\3'ATVUTGX37-K971NK?\`L^5UGQC?
MN4MD#L.>E<UJT\\'P'L/(9E61(XY2O\`<+'/]!^-=S:>$+&QT&YT6"YO5L9P
MP\LR@F-3U521D`YJU9^'-/M/#PT)E>YL`ACV3D,=I[9`'^-)58IWWUN-T9-6
MV]VPY-,L[WPU#IVT"T>W15"8X``((_(&N0\5R7</Q*T>2PB2:[33K@PQN<!F
MVM@5TMCX6CT^!+:#5M4^QQ\);F<84?W0VW=CVW5-<^'+2[\1VNN23W(N[5"D
M2JX"!3G(QCG.34QDHR>M]RYPE**5K/3\"EX$U"UU/PS'=P;_`+0\C?;/,^_Y
M_&_/Z8]!@45H6/A^STS5KO4+-IHC=G=-`K_NF?\`O;<<'Z45$VG*Z-:::BE+
#<__9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>g560814g75n06.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g560814g75n06.jpg
M_]C_X``02D9)1@`!`0$`8`!@``#_X0!X17AI9@``24DJ``@````&`#$!`@`1
M````5@````$#!0`!````:`````,#`0`!`````("`@!!1`0`!`````8"`@!%1
M!``!````Q`X``!)1!``!````Q`X```````!-:6-R;W-O9G0@3V9F:6-E`("@
MA@$`C[$``/_;`$,`"`8&!P8%"`<'!PD)"`H,%`T,"PL,&1(3#Q0=&A\>'1H<
M'"`D+B<@(BPC'!PH-RDL,#$T-#0?)SD].#(\+C,T,O_;`$,!"0D)#`L,&`T-
M&#(A'"$R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,O_``!$(`%T`I@,!(@`"$0$#$0'_Q``?```!!0$!`0$!`0``
M`````````0(#!`4&!P@)"@O_Q`"U$``"`0,#`@0#!04$!````7T!`@,`!!$%
M$B$Q008346$'(G$4,H&1H0@C0K'!%5+1\"0S8G*""0H6%Q@9&B4F)R@I*C0U
M-C<X.3I#1$5&1TA)2E-455976%E:8V1E9F=H:6IS='5V=WAY>H.$A8:'B(F*
MDI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:
MX>+CY.7FY^CIZO'R\_3U]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#
M!`4&!P@)"@O_Q`"U$0`"`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q
M$R(R@0@40I&AL<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%
M1D=(24I35%565UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8
MF9JBHZ2EIJ>HJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?H
MZ>KR\_3U]O?X^?K_V@`,`P$``A$#$0`_`/?Z***`"BBB@`HHHH`**16#*&4@
M@]"#7/\`C'5/[/T9H8VQ-<_NUQU"_P`1_+C\:BI45.#F^@XKF=CH%974,I#*
M1D$'(-+7E.E>*-2TH+&D@F@7@12\@#V/45U4?C[3C;;Y()UF`_U8`()^M<U+
M'4IK5V9I*C);'65EZGXAT[201<3AI>T4?S-^7;\:X75/&.I:AN2%OLL)_AC/
MS$>[?X5SQ.223DGDDUSULQ2TIKYEQH?S'2ZOXSO=11X+=%MK=A@XY=A]>WX5
MU_A;5O[5TA#(V;B']W)ZGT/XC^M<%I?AO4M6(:*'RX3_`,M9>!^'<UWV@^'(
M-#5V25Y9I``['@?@*,(Z\ZG/+9_UH.KR*-EN;5%5&U.T744L#,OVEU+!,^G;
MZU;KTTT]CFL%%%%,`HHHH`****`"BBB@`HHHH`*PO%FJ?V;HL@1L33_NTQU&
M>I_*MVL?7?#UOKJ(9)9(I8P0C*<@9]165=3=-J&Y4+<RN<'I/BG4M*58E<3V
MZ\"*3L/8]16IJVOZ#K=FKW5M=)=H"$$>,C\>A'X5E:IX6U/2]SM%Y\(_Y:1<
MX^HZBL7->(ZM:FO9SV[,[.6,GS(,9.`"<G@4$;201@CJ#VJW8WL^EWR7,2+Y
MJ=!(F1S786/B30M2N$?4[&&"Z'25T#*3]?\`&HI4H3T<K/S'*372YS>E>&]2
MU8AHH?+A/_+67@?AW-=OI7@_3M.VR2K]JG'\4@^4'V6K.H>)M*TZ(%KE)6(^
M6.$AB?RX%<7JOC+4+_=';G[)`>R'YS]6_P`*[N7#8;?WI&-ZE3;1';ZIXATW
M2%VSS!I0.(8^6_+M^-<3JOC/4+_=';?Z)"?[ARY^I[?A7-DDDDDDGDD]ZOZ;
MHU_JK[;2!F7/,AX4?C7/4Q=:L^6.GH7&E&&K*L%Q+;W27,;D2HP<-GG->O:7
M?QZIIL%Y'P)%R1Z'H1^=8&E>![.UVR7[?:I1_!T0?AW_`!KJ4C2)`D:*B*,!
M5&`*[L%0J4KN>SZ&-:<9;#J***[S$****`"BBB@`HHHH`****`"BBB@`JBVB
MZ8]V+IK&`S#G?L'6KU%)Q4MT--K8\VUWPMJL-S/=J/MB.Q<M&/F&?5?\*YD@
M@D$$$=0>U>WUEZGX?T[5@3<0`2]I4^5OS[_C7FULO3]ZF_O-X5[:2/).E7]-
MT:_U5]MI;LR]Y#PH_&NYL/`^FVLOF3O)=8/RJ_"CZ@=:Z5(TB0)&BHB\!5&`
M*SHY=)ZU'8J5=?9.6TKP/9VNV2_?[5*/X.B#\._XUU*1I$@2-%1%X"J,`4ZB
MO3ITH4U:"L<\I.6X4445H2%%%%`!1110`4444`%%>`?%O2[;0O$%F-,$EM'<
M6Y=XTD;;N#$9`SQ76>*O!.F:=X(EU?2Y;RQO;>!9@Z7<A#'C((+=\]JW]DK)
MWW.;V\KR7+\/G_P#U.BO/OA'X@U+7?#MRNI2O.UK,(XYWY9E(S@GN1Z^]=OJ
M-]#IFFW-].<16\32N?8#-9R@XRY3:%13@I]"SD9`R,GM2U\XZ5K>J:)\1-/U
M?5Y)!]L*S.'<D"&;Z]`,YQ[5]'556DZ=B*-95;Z6L%%>:?&33K9?#2ZJB%+Y
M9XX_.1B"5.>#@\BJ?@+P3HVO^"+6^O1=_;)3(&GCNI%(PY`P,XZ#TH5-<G.V
M)U9>T]FEY[_\`]7HKQGX>:[K&G_$"Z\+7-_-?6:/-&IF8L4,><,">1G'3IS7
MJ/B/2[/5=#N8;R$2*D;.G)!5@IP01WI3I\DK,=.K[2#DD:M%>`_"G1++Q-J&
MHQ:L)YUAB1H\7#K@DG/0BK7BR6_^&WC&S_L34KMK*>-93:SS&1?O$%>>QQP>
MM:.A[W(GJ9+%/D51K0]THJ&6&*\M&AGC#Q2IAT;N#V-?/MKIMN_QA.C-YIT\
M7[IY!E;&T`D+UZ<5%.GSWUV-:M5T[:7N?1%(2`,DX'J:HZE?6GA_0Y[V4;+6
MSAW;5]`.%'Z"O)?"T6H?%/7+R^UVZG72+4@+90R%$+'HO'7`')ZGBE"GS)R>
MR'.KRM12NV>RI/#*2(Y4<CLK`U)7`Z_\+M"GTB8Z-:'3]1B0M!+!(PRPZ`\\
M@]*U/!8&M?#O34U+=<^;`4F\UB2V&(Y/7M0XQMS)@IRYN62.JHKY^\%Z=;W'
MQ7FTV?S);2WEN-D3R,1\A.W//.*[[X@QKXFO[/POIJ!]4W"::Y!(%G#W)([M
MQ@?_`%JN5&TE&YG#$.4'*WD>AT5E>'_#UCX;TU;.R5SP/,ED8L\C>I)HK%VO
MH="O;4\B^.7_`",&E_\`7JW_`*&:ZCQOX9U_6/#(EM-8,EG%"LK::8@@<*H.
M-XY/3.#7'?%B\'B'7[1M+M[JXBM[<H\BV[A2Q8G`R.:[R^^(%E'X>-MIUEJ5
MY?M;^5'$ME(!NVXY)'05V>\HPLCSUR2G4YGHR#X4>*[#5M,DTB#3H;">T4/Y
M<.=DBDX+<\YSUSGJ*L?%/4&&E6.AQ)-+)J=P%DCMTWR&%"&?`[GI^M8OPM\)
MWOA>._U_7(S:!H-B1.,L$SN9F`Z=!@=:LZ#K,/B3XLS:A+'<16]O:&#3Q+"R
MAS_$W(X)&>O:HE%*HY1V1I&4G24):-Z?(Y/XISP:K%IU]:Z/JMD+9/L[M=VA
MB3;U0`YZCG\Z]6\`ZU_;W@S3[MFW3(GDS?[Z<'\^#^--^(5O;77@;5(;HD`Q
M9CVJ6/F`Y0`#U(`_&O./A'KSZ'<7>E:G#<06]TRO#(\+;5DZ$'CC(QS[4?Q*
M.G02_=8C5Z21UOQE_P"1#/\`U]Q?UKCK7Q'XA\-?"G2;K24M_LLKRQRS,A9X
MG,C8(YQ@_3K73_&*_BE\.II$*RS7KSI+Y<<;-M09Y)`Q3_AS#9:S\.6\/7T4
M@=1(D\,B%2`S$JPR/R]Q3B^6DFUU%-.5=J+L[$WPNT70AI(U^QDFNM0N@5N9
MK@@O&^<LN!TYYSW&*[C4O^07=_\`7%__`$$UXEX;FUCX9>,+BPOK2YFTN=ML
MCQ1%E9?X95QW]1]?2O7-;UVPMO#,M^TK/#/"PAV1L6D)4X`&,_G6=6+Y[K5,
MUH3C[.ST:W/%_A?<ZI96OB*ZT:&&>]AMHW6*4$AP&.0,$<XZ5M>`OL'CWQ-/
MJGB.X>XU>VVO!:D!81&.A`ZG!['U!YJM\&IO[+UZ]@O8IX&NXE2$O$P#,#TS
MCCK3O&OAO4_!OC*'Q+X?MY&MI)/-VQ*6$;G[R$#^%N?S([5T3LYRCLWLSDII
MJG&>Z6Z_4]PKP.S_`.2^O_V$9/\`T$U[!HGBFPUG16U)?-MQ$F;B.:-E:(XR
M0>.?J*\6M;U4^+QUQH+D:<;]Y/.,#XV$$!L8SCFLJ$6N9/L=&)DGR-/J>G?%
MHR#X>7WEYQOBWX]-X_\`K5B_`XK_`,(UJ(&-_P!LY^FQ<?UKT#5=.M?$6@7%
MC*V;>\AP''8$9##Z<&O'O#<NL_"K7;JWU?3KB?2KG`:XMTW+D=''X$Y!P?RI
M4_>I."W'5]RO&H]K6/<JBM[:"T@6"VA2*)<X1%P!DY/'U-<FGQ-\.7"`6+WE
M[<-]VWM[21G)].F/UKH;?4V&BC4=3MFT\A2\D3L',8SQG;WQC@5@X26Z.E5(
M2V9XAX66[;XLZNM@\:7A-YY#2#*A^<9'IFM?X5^)I+'Q+J.B:TNV_O)RQGD'
MSM,."C'^7X^M9/@R[6U^*DNJ7,-Q#9W$L^R5X6`&\G;GCC/%=#\5?!-W)>Q^
M)M$AD:=2/M*0CYP1]V0`=^Q^@/K7;.SER2ZH\ZFI*/M(]&]/(]=HKE/`WBS_
M`(2/28H[R.2'58D_TB)XF4-@XW@D8P<CZ$T5PRBXNS/2A)27,CJZ***10444
M4`%%%%`!1110`4444`%%%%`!1110`4444`(%`Z`#Z4M%%`!1110`4444`?_9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>g560814image-001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g560814image-001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@!JP&G`P$1``(1`0,1`?_$`)```0`!!0$!`0$`````
M```````)!`4&!P@*`P(!`0$`````````````````````$```!@,```,"!@\&
M!`4"!@,"`P0%!@<``0@1$@D3%"$5F!DY>3$B%M87E[<H6'BX66D:JD'3M3?7
M&#(CU0I182255D(T@:&QT3,F)2>'$0$`````````````````````_]H`#`,!
M``(1`Q$`/P"<F-<ZV'W'ZC7JI,$Q[N]0:E(7SE;7,D(JRO.9^F72I8$R,DWY
M'JFP9((<;!'7U.->XRQV5*AFEB*T(9X][#L6]BV'3WS.:?\`>B^LC\NMT^\#
M`?,YI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI
M_P!Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?]Z+
MZR/RZW3[P,!\SFG_`'HOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_>B^LC\
MNMT^\#`?,YI_WHOK(_+K=/O`P'S.:?\`>B^LC\NMT^\#`?,YI_WHOK(_+K=/
MO`P'S.:?]Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI_P!Z+ZR/RZW3[P,!
M\SFG_>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_
M`'HOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI_WHOK
M(_+K=/O`P'S.:?\`>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZ
MW3[P,!\SFG_>B^LC\NMT^\#`?,YI_P!Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\
M#`?,YI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_`'HOK(_+K=/O`P'S
M.:?]Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?\`
M>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_>B^LC
M\NMT^\#`?,YI_P!Z+ZR/RZW3[P,!\SFG_>B^LC\NMT^\#`?,YI_WHOK(_+K=
M/O`P'S.:?]Z+ZR/RZW3[P,!\SFG_`'HOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,
M!\SFG_>B^LC\NMT^\#`?,YI_WHOK(_+K=/O`P'S.:?\`>B^LC\NMT^\#`?,Y
MI_WHOK(_+K=/O`P'S.:?]Z+ZR/RZW3[P,#EV.\T6!0?J;0#D=M[T]1&RZJZ7
M].GL9[E!MR=0NTZE$#F3%8%!P.,6'4CN..MJ>$SZ*-5@.)[:Y[3JC4JS99H-
M:\H@C#J;@/Z2GUQ_UB>-_P!A*F<"8W`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`AZM;Z=;C/ZM[M?
M\NW)N!3\!_24^N/^L3QO^PE3.!,;@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@0]6M].MQG]6]VO\`
MEVY-P*?@/Z2GUQ_UB>-_V$J9P)C<!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_R[
M<FX%/P'])3ZX_P"L3QO^PE3.!,;@,!@,!@,!@,!@>67TE:)02EMHNZI5S5R<
M_N"BW[L?!]%OO8%IK^EE;BV7=:J!C>U%'K:F/B1TA)5(DZ`MN%*1$`1`",(_
M$.D^!E/+$K85O<D%IEVLNRW'TVXY?%[.OIKR!X.._![;_5D,+`MM"DEMF[D2
MMYL"J^=G51,E--(G%,4VOAC>[A3*'`N'L9A@:>]+CE&Z+#J_T_+]K_G]@H51
M')"R6U<'8^^J9?+Y]TA6"5)-D<LKUUH]O:C6QSW<*AQ3%K"I"X^[,116UB?1
MJY.F#H.MZQO2PHO_`-O!!)I3EAKU=YL'!L2>A2&/O)<OL^*-P6-J(L.Q6I$,
M]V>G*7U_"5+D\I?:%'F^_(2]"`,7VFPR&;5ER]S/;_I\O?!TJ3$S+H&SGR,6
M(BA5QR2R".B^5%//UL2^Q+@M,;E+9-J?&P*1-$>>T,[6B,<"7A20A"N$!X&F
M4!&7P?!91%$?HL25^H^!<B!N9JJ.9D=RQ3I"TK.?.H7I#2ZV3.W,UJP8^%PZ
M,1&>]11\U6Z!#(G5\:/.V+26XXY[*;@C#IRB^I9PZ]PL'9TQAE]I^5^^+FL+
MD`J8RLE*1S:71II;+"_3_GL&T3.UKFA=K6L>%2#VBP;*@"O'<!)8SMA0I-F!
MN&E.,>8:W[)]4U;"*M01]7SC6E`O-)"3269J2ZR<YWS98RZ6KXRC7R56C0*'
M]7_S3Q;+WYS-:'_Q:UO08!Q'#JIZI<^=ZN[><M3*'P/TD/3AL;F:K+"GKXVP
MJ;CG582H'1M[A9MOS<EL6QX_(F6/M"QS5B6JXNC$F-*]U$\C.4AH>.*>F;'L
MOD%9S!<$RF+AS;/O6#D?$ZR66&[/D3ZQH:B;<Y:AT.IRT9D\N2\5AUU*(K)Y
M/"(Y,EQR]4CVB:)`!2J&2(U2$O'I&WNQ=*QKN2YHJME9D7E_?$\.9F.;IG-L
ME,%-0\]<SH))73_'74TT^*R""3-,Y-CFV@\"DSHG4^3S:%[082X8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8$/5K?3K<9_5O=K_`)=N3<"G
MX#^DI]<?]8GC?]A*F<"8W`8#`8#`8#`8#`Y2;^$.'VB7$V`T\;\K-4]3O1DD
M3S=LY[J5!+T\C-4C6FR`B2I(B2\DO9BPT1PE83M*-FBV/S^;>]X&=SV+<^5C
M3.EDV@-<,5(\Z,2>S6EFW`653$:J:Z9;3I,T26&Q-N95*:/K*_0,XE#6)J2@
M4HA$A]UT$>@ZP.9J([SXID`ZUJ*L"9E4K9,(H\N])Q:9\M7ISM!IO&8W%U4[
M>4E2J;"J>"0F1G-T-(/>/BQJ.,5C;2CE19`R2CA@#2'(=M>EA)9S$)YR9RLD
MK9[L.).;Y%[XC_INVU0,.=H(Z1XV7K'@R_WGGN"PQ%$Y(QH0J"SU+T4D<M[)
M"#9IAA01!=>:^CO2K;9K(U?/%=P"G))9M?S2R$,X1<D2V@VSHZL82D3R><2B
MJK`>ZFA3/?\`&&A"J*=3PL2UUT>E."X%EFIS/>!!TXKG?%S]27*34X1^MG2A
M^BW:I6/EB'KJK`I@KNZ.%?.UST^GCL(4183=!1-,(@RAT;!JD;<%J,0E@"(A
M1HH&P_15L\G2OCB#7%'X459/)RV(5A*JXB<"Y]F-CIS(H@>HX?5JF'T+$X"^
M2\HJ(NR-M6("$C"$QCTA+5:`G"E]H6&CZ^]1+@">1.Z+R8"9>P0TE&0V6[:,
MTY%OZN6Z?.$9F6Z/;Z\W()G3;"?<%@-<Z<1Q5%%6\3N^?&`S$!"/8_.7@9C7
MJ_T_^[HL;5(Z0KV;HN;PQ-L,H'H/E];`I/1S:^,HR8$8WTO>-<QM[AD4D<;C
MPR&A8A;BVM:E0&IB#1^ZGDE!VNBKV`MJN(KVZ#Q!O75_'W")0):BC3*E5PB*
MNQ3(2Z1F(J"$19T;C[D3&FX"A$BV2F."WIM#!O1!7E#[QB$0N%;D0H;$(O$A
M3"4.DWENXPP-+#N431\`E+>I?(MM21)M[E#P6A)"J<%/M5:C1(-&&"T`/@&4
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8$/5K?3K<9_5O=K
M_EVY-P*?@/Z2GUQ_UB>-_P!A*F<"8W`8#`8#`8#`8#`8'-G9D4DD\X_ZM@\-
M8U4FF$RYLO.*12-H=%B6R"22*L)0T,3&C"<<G)$J=G18407H1@`[&9KQ$'7P
MZ"'J!<3]'4O/>#9A.)3TEUS6J"C76!F5_:4IB)B[AOI9[Y\>HDRW&U,%>1BO
MVB=0%ZB;S(*^<=O13RY1-0[)EB)0).L<1DA@OIK12X*NIWG2H)9`/57<+,CO
M+#-5+S5?4;3`DO#31/V*C@L:J)OKY&V-SDC76"20M>VMH5%B<#"TPR/,6?O>
M];"IYTIR_ELPJNFZEJ/N&AJD+K.U8'T!2G8ZVO[9YMYK:W*@IG!H2R<;7B^.
MLKN5Y4L-G.#2TM1#"]N4:40+:W2M,WFEHR-!L*BV#H.S(MZ2_+\@Y0OFH)#P
M#*ZNE72-E64U1!!3I&J&Y(MGG\+;4LW:9>[!N`^R9]-T"AG,:4PBT[)HY2X;
M1'%Z2B#H/TD;'G\*Y>Y:Y$L_E?JFHI_4%"QR)S&8V36#6R52"0PUK2(7)N:Y
MJ@E[P%R&O4"W[B(*8(5(`;%]I]C`U]&*#M)G],&7U9/.7I;<+Z+KCH>QI#2C
M186ZLN$=;N_J'VC<L>M&CYHV2%B"VW+$(<N;9O"R_CME,6.21*1I:D/-#O0;
M7].9#T`5:%WK)$3U:X<S[@M5M55R3O6,5^R=2:L9N?+(5S^)-CU%D#=/9=1\
M>8W9G.;E<T+-<POBUQTB4JDHC#-!+=@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@0]6M].MQG]6]VO^7;DW`I^`_I*?7'_6)XW_82IG`F
M-P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&
M`P&`P&`P&`P&`P&`P(>K6^G6XS^K>[7_`"[<FX%/P'])3ZX_ZQ/&_P"PE3.!
M,;@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@0]6M].MQG]6]VO^7;DW`I^`_I*?7'_`%B>-_V$J9P)
MC<!@,#@WB7NM@[3DW9L:8Z[>X$;QQUY9?)+VJ>'QO>03AYK9,T*5,T:2T"1*
M)H:G8#N'V20[9IQ>@_;#WO?AH.\L!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_R[<FX%/P
M'])3ZX_ZQ/&_["5,X$QN`P&!Y[?0C_S5]<+ZYSJ+_!X/@>A+`8#`8#`8#`T.
MV]1\W/%)OG235>U3N//\83RE7(KG13N.**T8T\(=U[!,#'68E.`F-!J-/C6H
M2+=&'!VG4DB+'K0M>&!]''I[G-G4FHW:\:K;%)$RK.O#B7"<QY&,F=W0V('F
MHX>;I0O+]G([+:G5,H8T>_`]S*4%B("/0P^(?6S^EN?*4235=;MT5I6R2N(]
M"I9/3YG,&6/@A\9LF4N<'K]]D/QBK(VUM<UF3*K:VLXW00+5Z8P@K8C`;#H-
M.LOJ-<&R*%SNQV/KOG]T@58G1%/84O1V9&38_#5$^>3(["$\@<]+O=FY1+'X
MH2-O+,%H:M3KV9>A#^#`VO1_4O-W2Y,A.Y^O2J[D^Y(U`3*D]=S9@E"Z-#=0
M*#&H3^W-:U0O:"74",[:4Q0666I]@9[/8O9C\H5[=TCS\\5JJN5HNJKW2I4,
MJ409;9+=-H\MA*69)9X"KE$7425,O-:2GTFQC`L@DHC=':<QA3^7V@M!V&Z\
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@:[M>W*MHF`OMJ7184.JJM8O\6?=)/)_
M(6R*Q)A^.GAOC[3MV?GE2D;6\+B^.J9(3LTP.AJ#P`U]L+6L#]R>V:PA4IK>
M$2^P8?&9C<+J\L54Q9[D+6VO]C/$=CZN5OS;"VI4I+6R-8S1E`<O5`2@-V0D
M+$8/P#\.!C<(Z)H:RWR,QFOKCK6:2.:5@DNR(,,9F3"\/$GI]<\ACR2SF%N0
MKCE;K!3WXP*/3H0`:/WD82]F><0=;#5MB][\4U&CB[A9W5%$P5%-ED^;X@ID
MMDQAL+DJZJY8;!+*2LNU#@';@=`YJ2)J=M%^;W%P#L@[RF?:X%HD'J*\(Q2-
M5],))UO0;+&+7:I"^UH]N%D1Q.AG3+$G[<6D[M&#1K?%W;6"2!]Q5G$Z$60J
M\"A;T/>M8&W5'37.J6CS.F%%Z5,7SN4T@?3;PW/XP*JBF@QU`PZ<#)V%S%&P
M)M/IFD0M[4:\JS_D"\#=;#@;#5S^#H)?&(`MEL=2SB:L,EE,0B9SLB+D$FC<
M-/CJ:5OK&UB.TK<VF.J)<U@6'DA&6G$X)]#WKVH/$,NP&`P&`P&`P(>K6^G6
MXS^K>[7_`"[<FX%/P'])3ZX_ZQ/&_P"PE3.!,;@,!@>>WT(_\U?7"^N<ZB_P
M>#X'H2P&`P&`P&`P/$K#*`O9M]/J5\1)Z6MC\$?0W*$S[WFB45>R1.D:9K4U
M1V4P6'0RY.>VA6DS2SNE(34\G2,7LM+79*]OHRRA^S,\0Z8L?E]UO&36#5=G
MU!83]6MI=K^D*US`C<5F3:%5"VOAF/QV:21"_($*94U!@4@!H)[NG.+^(W=.
M7L9I*@K6M!A]^L?7J0SMB+WTRV>787.\<]&.L6_K!DJ)[LUKO>$5'ZD\_M-K
MZEC4'86=Z*F$MC%421"X6!&TR<XM#)6MS"$OXN.3"$'5]QSRP>C^9UT)KCKJ
MR.E;,:>TO3?D;%+';@:6TS^!=`C['K`];-!0Q[A$(:K39F7W';HY%&J?8H$;
M<,2DPA.8,W`HK$([&Y[NSM5?8CE,[Z[FMGFFK>>^!+[KJFC*\HEV@%KVP&$D
M$3%AA;7+01"UN<[JL(,IEZI\?EZ8Z#E)7!I)1EZ=TX`YPMBD;_XHHSIOD^4T
MR@34M94<X<Z2IT/.A5KWC%(W)^7NA>3JEZ:;W]Q,J:*2,$XFM>QJ+3G:`EM/
M-<U">0KRA*#M*O('IRH3IRF^F6N0O%./DH>V^+."-L>C9/5UJ5@<0L7IS%28
M"1':<*A:UV*&04+8C4A9Y1>_M1B"+>M;#?N`P&`P&`P&`P&`P&`P&`P&`P&`
MP&!&UZM%8I[GXGD=5.,0=)Y'YY?'&4;F,4:&=:^JG6!./95"%3[1S<WIE2C;
M8CANURA8=L'LDJ0HP\P0"RQ"T$3560"_[&Z9]/F77%`K+/<^`NHCN"6>4/\`
M$9$4EF`8AS#UZIM[J-O4J6_R[@-RL+54R1._"%I$>[E+$8#=F"]GL-/\L<E7
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MYGS?<'I_H>U66RV20\8TYZA/$5DV1'*?O*THM+5\=DW$KCS_`#MF?X=6SP\R
M%FM^C6Q$Y%NZA$F`J=D+H0;HM4F.)`'I9K^>1BT(5&;"A:M>NBDO:4SXPK'1
M@D,5<5#:L#L2<U9'98U,DD9CQ!U]L0M2)U`/_J!K`S#`8#`8#`8$/5K?3K<9
M_5O=K_EVY-P*?@/Z2GUQ_P!8GC?]A*F<"8W`8#`\]OH1_P":OKA?7.=1?X/!
M\#T)8#`8#`8'(78'4#_S(S4D"&5`NNZ>WY?+#04%A:6<,%=I`R%ZK^RK&$\/
M,JD:1>@0-:)EK%8#80DF&F'G%!#KX=X''<H]5&4P=!:$*EW(\J:NFJQN/DJH
M3Z037-6+O&Y"?VE*'*)4O)6VXVX9K&V(!.L?<M.R-S;D+DWEI0&^P-3JTIYH
M;-G_`'G;M%4I)+7Z.Y(/JYW/LFH:BJ6&M/0M635%8D[N25`AC$5);!$1&8;4
M<8:'Q8D]^='@X16B#]^P`<HT4F/"I5^H-*(+6S^[7=R9;]>W4"V*WI&K*;CK
MW$I^R]%V%<3;IVKLNBKHTIB]?22,Z0$+SY&X.8F?<53,S@>O)"240-2&$6%Z
MG;W0$4O#73G+4RJ6V:CH=WZ4C,`8[&A]D1.Z*HC<KC,(F"NO;0:TC,B32FOY
M/,FA._-+LV-YZ0#NA/3"6)C]G%AOSKSN2+\B.R1JD,!D<R$JY>[(Z@]NQ.;4
M@`6Q\<Q.NY7(HIL#CO0Q/,V3V&42@.U_R$XTP]G?`(.!I^'>HM,&>?TE$>I>
M8UW-L;Z*B%B2NK+&)O"MK9CN_P`%U5N5VRY'.6V/EL4EB"-+63&O7`<BT;@V
MA4)=)3SB#E"31X9%3'=MKVRXTK,%?$=U13FOHY6WE5'=9<@B<PDS<SR:/+95
M7\XN^EHSM5*::KZ?LB((DSB<L<S&E0M1D/2=K,/%HH+#R/W;T3UFS519S/Q"
MHA//UL$G/#;:+QTK63N_M,4"-R)2O:ZL&AD$_'+%)Z`(1("U.SBO:>(M_:[U
M@??EGU$I7U$[UG)V'E&P6WFZ\5TE;ZLOM@L"OK*,9CV%H?7YM%T-6D*6+)!S
MZ5*FZ.*2$OORER&WO)B9J=@MK@I+(P).\!@,!@,!@,!@,!@,!@,!@,!@,!@0
MY5)ZJLYFT+Y?NNP^-Y/6/.?6UBU=5]8VBDO*KIS(D$EN]_U%:J,E57(P,4B3
MM;Y(STZ=<)M.<U304=M2>1[J0I.)#9_.W=/1?2K@S22$\0GH*'=K>L:LQ6V]
M]*UD0\)&>J[?EU/2V:CJ\EE.D!Q)3Q"5JI.W!4^\GI]`UY@B'X:#XT5ZC<JO
MV;,BV&\FV.Y\VRFY9S131?$9G$(FLCBLP@C]+XJL?[IHJ.FJ)Q3M>.DFA"M&
M4XKU!ZY`)0C&Z(&XM0(1(?WEON_HCJDJ#SJ)\0J(_04WF,I8$]K/?2M8FO;=
M'XA-Y%!764J:P1LHWXT7QC&CS2T`5/O`BMA\1:WXZP-8UIZK$YEL$HJ^)QQO
M)J^YDZ#M^`TQ"[83WG5TMDK?([7M0-,5NY2"IR"V61_$[S/E24E:%L4.:]L1
MGB5C3#(3J!%!T"W^H7%G#E^(7Y^#*3I9]+NA6[DTGGM2^L(9RV]%BZ`4\\R6
MO5SR`8V4)4.D#4XO2U?K7LON:;C7`(=E^76PQ2B.YNB^AWXIW@'$AGX"AWE:
M-0#M]XZ7K%"ZEM-/W5,*4F4\_!<!E/D>TP'>#KEJ5MVH"K4)=%Z\0B'KP"GI
MCU&95>4]1&PGDZQWOG%UO6<<\$7K%YS!YC*8G-X'*I9!'.26]0;`:HG=4UBL
MF,,5I`.B]0:O1%'I%3DW($QPS20E#P&`P&`P&!#U:WTZW&?U;W:_Y=N3<"GX
M#^DI]<?]8GC?]A*F<"8W`8#`\]OH1_YJ^N%]<YU%_@\'P/0E@,!@,!@<'=W\
M<(.T47+<1E#-`Y36E3]6Q:[;8AE@DKE35,H(P5'=,)$Q-J%(@6D+WL,IL!K6
M%%*A)TWLDAHMFZ&$`!A&S9GH_P`TBU975SGSO#>9)1RU)NL.8>OZQI>X%#_&
M@A<H)8C7)N@^>;-E+)6]@KI54LH2QE*KB"]>2\+V8+FK9#"/BE"V:`&^HWQS
MT+':&LBMZJY*]-CF(3W.J^E3S3L15NMO4-U+#D`'ALL:J[V3OG,-=+(`0Z,A
MR,;2_M;5(U:9<G+]LE&E"<G4AJ>O_2]O:.,DJG$#0<]<IR^)=$4/TIS!RO64
MPLRT.5JZGE1Q6T8+9ATC<'B(5TKCO^YJ!6\X,;R5$(NV(8^%K:W,A,XKP*PJ
M`VI>7"'37=1-TR+IIXINB7EWX_N3E?G^#5!)9;=;5"WJ[Y%7<PG-PV5-Y5!*
M;4R4U0^TS%TB"/M[0F*2-9*X1B\Y0M+TC"WW3QWW!V1JPY!T$CYAJ"2,7!W9
MW*5.,=1V19]EL\MM/KR)P2.O5H3R02NIJ[6P>OHT"M40$#*B0/KEO3BI./5B
MVG)*.#Y,7H]UI4%E5W+^>X)3\!B%F<YS+DSN*!I$"EM#,*\EL!4($%HT:_\`
MQ$\KX7:4>F(1)'%,'XN;95'W,8G'>UK2UB"&ZZ$J?U)8,R\T4'+9CS;%J>YX
MW#X_.[S@3G*Y5:W2U95I&3HW%(?NFIG62*(T8\SG2)N4RMT2RJ1&)MDJ"6@!
M/O):A('(?`GIL7!R1NDVI\XM].<J;5T4\LK_`-E0.RI@?T0I+?02!"Z6"UQM
M]Y,1HULO7M;X(H]$KD^DYP1F%C4B+WX;#,ZE]/CIA%TO0MS3R"<;5+/ZFFJ^
M27MV!R\X36"V]W"PCATJC9L8MJ@FFL(57#"&Q'QY1/LC$Z2.7E-KB@UIF`6(
M1*E*$ZF`P&`P&`P&`P&`P&`P&`P&`P&`P//WS]Z,"/E^%\&6O3\8H)C[2YC<
M8^U7O)AMSJKKGH*O):,UCNU*-P<(TM>F"SD3.NV]Q"5$-B9R3.Z';:H,"TNC
MB#85/)?IO6KS98K`]/7$/IRSZ0M715OV4?UH*SYLW=&"B]J7Q/[%22,A@4<H
M+R=SZ(0:;%MI*/<K"F/-0A+TM))'H0`R!H]/3IYWZ,J*T)K#N.8K8M8WHSV%
M-_4$I%7,:PZ=Z*J>.R-8Y&U;:%&PJL8E7RQVM2*Z(CLK/=9?(&0M&:H6MR`M
M5[F6D#&N'/3<MGE24UD?).(_3DD\HAUG3U_>.N6:SYPGZ(4L4\L.9/ZF5H6%
M=R@$!TU;XC+=H-)#)660?['9?OA90O$(45+^BX1SM7W'5LU-&>?VKNOFRQCI
M%9,R6-[LKK:_8%.)F]@M6,2%Q71AP>&6<%P5_P!.$6E29H"ZL\D;22/:?%2U
MQ*/#LADX,F37Z@+I?ADKB(^6"Y*\=/1BI"27(N7-O<4RJ=LYOEL]4D[;Q1PR
M!!I5I4+4H0J??MRR0N*L10?M#1AR3S!Z<-K\]6@FDSOPYZ<-B2(CI^Z;>UU:
MKM&<MO1)<9MGH2?VBV/Q;(?R>[$?=_!H3-2FU.EU*0)3S6\`-+"2A^<`7\GT
M].GY#T/6%D3&'\<QRQ*YOUBL>2>H=3:R85;U3=E01F:C?AU-9%(P>KXM7[P]
M63!R2HC)E#M,'U@VW'J5Z-M`K]U(3!.Y@,!@,!@,"'JUOIUN,_JWNU_R[<FX
M%/P'])3ZX_ZQ/&_["5,X$QN`P&!Y[?0C_P`U?7"^N<ZB_P`'@^!Z$L!@,!@,
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,
M!@,"'JUOIUN,_JWNU_R[<FX%/P'])3ZX_P"L3QO^PE3.!,;@,!@>>WT(_P#-
M7UPOKG.HO\'@^!Z$L!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_P`NW)N!3\!_24^N/^L3
MQO\`L)4S@3&X#`8'GM]"/_-7UPOKG.HO\'@^!Z$L!@,!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOIUN,_J
MWNU_R[<FX%/P'])3ZX_ZQ/&_["5,X$QN`P&!Y[?0C_S5]<+ZYSJ+_!X/@>A+
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`AZM;Z=;C/ZM[M?\NW)N!3\!_24^N/^L3QO^PE3.!,;@,!@>>WT
M(_\`-7UPOKG.HO\`!X/@>A+`8#`8#`8#`@YOBA%UL]-]GLSDW7%!D$U>O3:#
M6MS5S'YBTR"'S*&RZS'"1SRKYDC85S.!T@!IS2H?1Z]NV&(M@2.X#$9QA(@P
M9ZK?IZP)E1"6ZZ?96.Y6;U`5#+9$^25<\6/15F0Z,^GO9T-9N@]1]B=6XQLI
MVQ9Z\L6OB=Z=$XF"6C$WFFJ34)2HX-C5]58H!W#>X76`$(Z_;UW#[-!M!YNL
MV6-CRIAM>/#._;IRP&Q07&:_;8Q*C&HUY4&!6)B$289:PP(/$0`CZJNE+VB/
M-75::7UC=[4X6IZ<_85<T7&8-6UEEHYC9.K1NV0(V^ZHZ8D7R!OZ-:=NT=W6
MCGM*WD.<9=5A*(9BA*(LH-Z/=56HSUO-8?)H#/RI>Z>HQP[<B2.1>GK/E/-K
M50"!ZIIG632K(>D`H=D;.L@,0<5EKL"MP2K$\J&[#.(`W+$*A:&_G2%0$_HJ
ML'2Q:6F,XJ!OXQZTB+W^#[F>YHW''6R7_HRG'YC1P>%IVYVD$+E,@;$DC''C
M??4ZK0`*U*)2!,<`\P)&^%(]?$3X\YSC?3CBY.M\,U5QE#8ZI]=R)#)`/!27
M?NJ"6R-*<I2R29M3/M,E>7$LTXMP="3U`3#-&:&(.L<!@,!@,!@,!@,!@,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_R[<FX%/P'])3ZX
M_P"L3QO^PE3.!,;@,!@>>WT(_P#-7UPOKG.HO\'@^!Z$L!@,!@,!@,!@,!@,
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"'JUOI
MUN,_JWNU_P`NW)N!3\!_24^N/^L3QO\`L)4S@3&X#`8'GM]"/_-7UPOKG.HO
M\'@^!Z$L!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!
M@,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_R[<FX%/P'])3ZX_ZQ/&_["5,X$QN
M`P&!Y[?0C_S5]<+ZYSJ+_!X/@>A+`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`AZM;Z=;C/ZM[M?\NW)N!3\
M!_24^N/^L3QO^PE3.!,;@,!@>>WT(_\`-7UPOKG.HO\`!X/@>A+`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`AZM;Z=;C/ZM[M?\NW)N!3\!_24^N/\`K$\;_L)4S@3&X#`L\A;5CTP/C.WO
M;C&E[LSN;:AD;0!":[,"Q<B/2IGMK+=$C@V&.+4<:$\@*@@\C9A8=&%C!XAV
M'EE_[<_E'U%*'OGU2I+V;:$@<XLZ=;SUM)9%,-BD<9[XO1U&Q/M@]2H3D4:;
M79-'9%#01\EF3MYY3,(3@O`).%0D^U#U98#`8#`8#`8#`8#`8#`8#`8#`8#`
M8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8$/5K?3K<9_5O=K_EV
MY-P*?@/Z2GUQ_P!8GC?]A*F<"8W`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#
M`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`AZM;Z=;C/ZM[M?\NW
M)N!3\!_24^N/^L3QO^PE3.!V'-^W*BJJ]K>J*W'-FJR)4W1-"WA)KHG$I9V&
M!EIN@+>M*F(I%U1KAM/\5+RI76Q9>E!YVB5!CN04#6A!%O85@.^^-#:J!=9/
M15;'5J;.E57%/I#L:<L-LM"A$[+:]*C!24<L-FR1C!MR,:@H=K@->O?=E:2?
M\[`_(?4"XC&_-T:*ZGI`]W=:Q,NI(6GG[$H0ZJ$N*JIO^$U8\$*C&=L@IT30
M*%Q3HI4%(SB$YNRS!;*,T$/L1WMQPIK%;<170]<?@^;YD@KE6[&.QI#D"PG9
MO+>&>"`BAZ4N7J)D],1H7%$UEH!K5C:+2PDH:;_FX%(\>H/Q+'XO7<U>.G:A
M01*U4+JZP>0FRI()J<F=@D`8C(WQQ5E:,+C##&9:+XI=%SKM$D;730DBHPI0
M$1>@LCWZ@?-%<CFQ=XVU5%3FQVV+'J^-HE%D-$J>9D;5[1!GB5J$[`PI!O+=
M)&))/41SFQ:)4KFM&86J/WH@SS`#(I_W_P`458GA:VP.H*9C+=84$9[0A[NM
MFS2:R/%;R3>RXK/-/:,Y2TH8C,%(1)V9P4G$I7A4$1"(9YP1%Z#H>S(7JR*W
ML"NQ/*R.!GL(E<+%(6]O8W9>Q:E#$O8]O*)JDS8]1MS5MFEWMRT[@C5H3A@T
M`\DTK8@"#4`.4:BD=9U+7MUQF/=`K*CA;/$6J9V=#H8<]N9R!F:6ASD!S5'V
M%DBK(X2+;,2>J(:T")"`>M!))++"``0W7%(+#8+$VZ!PV,,D8AC2C4-[9%V5
MO3M[(@0JCCU"E(E;TX`)R2#SE1@Q!T'6MB&+>_LX&KZ]Y:YQJ:2%S"LZ1K2"
M2DE(K0%2"+Q)I9W8M$O"$"U*!:C3%'!(5!!K0PZWX"UKX<"\6?SU1EU+&IQM
MNIX%8RYB3*$3,KF$;;7Q0V)%9I9ZI,B-7$&B3DJ#B@B&$/AH0@ZW@9PTP6&L
M,-35VRQEE:X*C8QQE)$D+>G3L">/F)1HALQ+:6`*8#<-(8(O96@^78-[UX>&
M!KBMN9>>Z=?3Y155,US7TB5-I[,H>HE%6IE<CFI2>F5*&XQ6B3E&B2'*$10Q
M`WOR[$6'?]FL#[V;S=0=SNZ!_MFGZ]L1[:VW3.W.LOC#6^+D34%4H6Z;TRE<
M0:84DTK5FF>36_+YQBW]G>!L$4&APX5NN!QEE%`MQO[CMQ#:!/N/[BOQ=\3_
M`'/;;-@]UVT_%?\`Z?V'E\GLOM?#PP,`K+G*AJ7='%[J:H:_KIW=T`6IS<HA
M&6QC6+VT*@M6%"J/0D%&')0JB0&:!O>P^<.M_9U@4=C\P\[W!(`2NTJ6K>P)
M*6W)F@M\E<4:GIS`UI#5)Z5O"K6IS3M)$YRPT0`>/E#LP6_[=X&RGJ"PV1PY
M77K]&65W@RYF!'5D3<$"=2PJF(H@M,6T'MIH!)C&\"<H(-%;#Y=!#K7A@836
M'/E'TJJ=UM251!*X6/Z=*E>E,/CC<Q'.B9"8<<C(7&(2"A*"DQJ@8@:%XZ#L
M>_#[.!9+!Y8YPM>2FS&RZ1K.=2H]*D1'2&41)I>'8U&@!LM$F&M6)S#Q$I0;
MWHL.]^`=?8P-HRR"PV=Q-Q@DSC++*(8[I$Z!TC#VWIW!D7HDAR=0F2JV]0`:
M<X@@]*6,(1!WK0@!W_9@8C5]$4S2>GD-15A":XU(MH1/NH='V]BT[;;-*M-^
MU^D))7O.T>EIWL_-X^7V@O#[.\#&9ERIS98<O4S^=4;6,LFRPUO.5RI^B+0Y
M/B@YJ3ITK:8<XJ4PU!@T*9(4`K>Q?:!+#K7V-8&SYY7T'M&,+X78T489M$G0
M:0UQCDE;4SLSK3$"LE>B&I0JP&$&B2K$X#0;WK[48-;U\.L#'ZPI.HZ51.K=
M4E<0ZN4#XJ(7/"2'L2!C3N:Q*2).F4K2T))05!Q!`]@"(7CO0=^&L##GSE+F
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MO;:0ZIB%*5.X%)5I1I0%9*=::`(]:\V@F"U_;O`^E<597%01\<3JV$1F`1DQ
MQ4NYC%%&E(RM8W186G)5KQ(T191.U2@I(4$8_#S"T6'6_L8&OF_E3FQIG@;1
M;*-K%#8H'Y5*0S5+$6@F2AD:T\Y2L>].P$VE>G-2H4F#&=YO.(0][WOX<#-+
M-IJJ+H;&YFMFO(C8K2T+Q.C6W2]D0OB1`XC3F)!+4A"XHT!*D28X1>QAUK?E
M%O6!=:_K>`U1&D\-K6'QZ"Q1(I5K$L>C#8E:&DA4O.$I6J"D2,LL@!JH\6QF
M"UKQ$+?CO`U>P\E\R1:9);#CE#U:R3I"ZJ'U'+6R',Z1^3/*L1XU+F2Y$I@J
M2UIXU)FQF:%YA;'OQW\.!EUH433-V!9@6[6$)L<,=$N$Q!F,?;WW30)STETX
M"0:7$F^[;6:1$^T\OAY_9A\?L:P,C@]<0*M(FE@E?Q"/PV&(O?\`:2,1UL2M
M;(F^-%!ZMQ]BWI2RTX/?52DPPSPU]N,>][^'>!JZ#\E\R5I*&Z;5_1%6PV7M
M&U>VN21V'L[6\H-KTBA`MVE7I4Q9Y.U2)484/R[UY@#%K?P;P,DL_GRCKJ5-
M"ZVZH@=CK&%.J2,JF81QM?3VM,N,).6$(3%Q!HDY2DU.`0PA\-"V#6]_8P,O
MCE=P2(0I-6\6B3!'X"C;ES0EA[2VID4>3M;F-48X-Y380`"4"1:8M.V8#0?*
M/9@O'[.\#6E?<K<W51)$\QK2CZR@LJ2)5:)-((O$FAG=B$B\KV"U,4M1IBSP
M$JB?M1AUOP$'X-X%TLWG&A;G=6]]MFH:^L1Y:6_;2V.<OC+8^+4+9M2<LV@2
MJ%Q!IA*7:I0,SR:WH/G%O?V=X&;HJZ@C;`PU>WQ%@1UT"/GQ0,*3MB8J-AC2
MI*:A4,6FD!>DFFL]&<,H1/E\FP"WKP\-X&O:XYAYWI^0&2NK:6KB`24UN4M!
MCY%(JU,KF-K6&ICU3>)6B3E';2*#D90A@\?*(18=[^QK`P;ICCNG^FXW*")(
MP1]ALIXB)\2C5TDP:!R^>0`&QJ3T#E'2+"C<JC"H]J5+#322%Z%6DV,P7F*%
MXX'1L18/N4BD8BWQ@H=ON:CS*P?&JM,W(E3G\3MJ9N^,%*-H2-[2D4+/=O:#
M*2IR$Y8A;"66`&@AT&0X#`8#`AZM;Z=;C/ZM[M?\NW)N!3\!_24^N/\`K$\;
M_L)4S@9;U=P+9%_7=<-DL4HKQ%';'K_TWXBWM$F^/35I"OC;O*4=4V(:ZITC
M&O0#0RB#OA3>S:`,P0W4`M*0D)_`[88Y+.&.@XUUG+>Q:J74U,I07U#*+=B-
M6V!)9A#&!YKZQ>(J%Y:E1;O-&2`SA3#K/CTJI?3@VJTS.\)%3"M4H31)S%6S
M$X:SD?I;779=0=PQ"PK$I)@GG654<B-+4YU)%)7"8''K!YJ>)+.EL?41QM4-
M[^S50\2UT(;2C&YSV[FMARU;O29:?[+`L`O3NZ]3F/5B1IW@\)FLPNRL)#8T
M*;.R.KI=8%@5#6E,6O`6QD%W'9<+F-JUS)4T^M(;D0&)0YC&9&$IK(I<#@+3
MC0!J0/I,]?QFJ&./0J7TXT7,4+K\IMO6(=`]00&=UNJZ.Z4FM]Q<R1NCFRV0
MW=?U$PES(.GV`V0UG:=GM`)9IZUIR5Z*#M2DO3WM6N.P&7HR4S2NI$Q-5Q=O
MV4<0A3O1$F4$]/P7E"*1@Y*B.90-#8[(%=$/)CJ44J]@2G<4Y:8P_6SM`"'*
MZ>;.A.2N?+:XFA3%'+<L[I+B+E/GYU2'5+?\B:'6:5B":UNG_P!O<RC=9/5=
MRAFTR/7O;FBEKK"]0!;XOQXUJ%=LHL/3'VZ=8J?B_KI14`I8"V2.8;\.J\<"
M"X#G(+$*JJ5CA0H8!H")U%*PR4*;;=I+K:C:SV?L]>?PP,0].51;*O@'BI5?
M(YR9=JCEFB3[<'9H74%C#L<VM(V.9BG0'T('H,NW(-J/C#2O6E.E7G]I]OXX
M'9V!_-[T'6Q"WK6M:WO>][\-:UKX=[WO?P:UK6!^=&%[T/>A@WHO>PCWH0=Z
M`(.M;$$>_'[78=;^'6_L8`)I8MZT$P`MBT(6M!&'>]A`+01"UK6_'>@BWK6]
M_P!F]X'\$<4``S!FE@++!L9A@AA"`L`?-YAC%O>@A`'R[\=[^#7AO`^FM^/P
MZ^'6_AUO7]N!\]FE:%Y-F%Z%XAUY=C#H7B+0A!UX;WX^(@@WO7_CK6\!HXD0
MA!":6(0/)YPZ&'8@^TUY@>;6M^(?.'7CKQ^SK`_81!&$(@BT((M:$$0=ZV$0
M=Z\="#O7CK>MZW\&\#^X#`^)JA.0-.`\\DD:L[W=*`TT!8U*C1)RC9"<(Q:V
M<=I.G,,\H?$7D`(7AX!WO0?;`8#`8#`8#`8#`8#`8#`^)ZE.E`$U4>2F+&<G
M3A,/-`2`2A6>6E2$!&8((=G*E1P"RPZ^V&8/0=:WO>M8'VP&`P&`P&`P&`P&
M!'OZKZN[D/IO=FK.;3+(*O=/1$R-JLRH`OX[.!+PIB_BT4(#%@CD8I!H7C['
MW+6U'C_P?#@=3\\&2HV@*,-G0GL4W,IVLC)B*2Z5!D8I4.%,@I")_"NT%;I[
MV[[.][T=K1OM_-Y_MO'`W#@,!@,"'JUOIUN,_JWNU_R[<FX%/P'])3ZX_P"L
M3QO^PE3.!,;@0\=@^H0[\;]3V"1,E6Y!4+/R=S\\1"M]GQN,)G6_;RZRE-&1
MYS=[`<VT]7&(S[EI&)V5GC4(VQK0J%9:0]1K11P7.JO5MKJ8GQ\V>P-/!HB.
M?W=5DWMV.3\J?4NPS6IZ';>FX\;$IT?$88JGD/L6F4DE/*<?BYL4-3[$U[2J
M1^WV48(-,+?7%A;2_LK,_44LCJQGAW-TKN6&/5GI2;GARCI:.QR>,<8K2J$,
M%<%=QR"M:WFC.\RLGXP8?=?>S$;;\:*TQI6!TQ4W:+K7W$72G5'0+@[SXJC>
M@^YXT6CBS0PI7Y]BU.=:6_5%40./(TP6)E4/"EEC[0RI%*LPGVYP@GK%'B(T
M[`Y4['[Q[$1,2/G:,4^FYPZ=?+KX7:G=QC-X0:<HP\_=7W:^5:9(*XG\HHZ2
M1]!8Y,L@#K%W0AVAZHABTM)=D0G0OV8<">1`G,2(4:4Y4I7')DJ=.:M6;($L
M6&$D@+&J5B2ITB42E0(.QF;+**+V+>_*`.O#6@UO>5LQ^@Z4N"]98B=G**TM
M5U@6S)6YA)3*'U?'ZZB;M,'E$RIUJM`C/=E3<SF`3`./)*$<(.A#`'>Q:"S\
MW7I%NGN?*1Z/@S<^-$,OBJ8%;L4:I.G1I)&W1ZPXPVRIG0OJ5N7.2!.[I4#H
M6!0`E0>4$W0M!,'KP%L-U8%M>=)A,[J%:1I4CVVKM*TVTACAI0FVE-T>1M`2
M2H-6Z-*\0^Q"68(SQ\N@BWOPV'G2ISGGH6$<^<^VU3]<V$BZ!ISTZ:&KZW><
MYJR2*$1?I^,B2V2EMZC94;*FQ+'6OHF(+=(W.(O:D6U2%T,V@<!?$STL,`%+
M.*(L-;'>](]!*'MQNZ"F];\<-/&TW8J^E,,/A-W1;GF-,+;.6JW=-R"+P6.5
M-9Q1*F5C&Z`3&ID:I&:2M$=[H>&P(E65JQ_IIWE5BU38[ORX/OCJZ56HP)JT
ME;HV2-[E'/E!L//=QN%?IV9<\6!2S1+&*;I`G(TKF@;7]Q0N)P`A2[6I@Z!Z
MVA%K+Z_:DG'=?S&+%<MJ57947B2@%E08FT+-26$^RA!34=9DD4=RY<TV'%4L
MN;U\5-/0%MALN9#MDIAIRBB0S9^IR!6+W7S1;&J"<PP>8<L=&S6=/<KJ1Y;S
MFJU7^Q.0I+6)%C+'-E]K';4;F6$O86U*M-+<&\#>K((T6$6P&!&P@I2Q`>F]
M:\!4TO-U]NO4/M).UPQJY0LV/V8A1JNS/NN3I)!/U*=3J=F2.&#:%32W)4A1
MY*!"8>$.B"S?9A+-S-!Y,T]>=1S>`0Z55GRC**WH=ICL3D;&[PEDEG1C"YVJ
M?;%F5Q6SZ6WN,.CBRNW>&L[BMTW-J:0.K6(XHL[:4Q6H"1/`;^'6]>.]?^>O
M#QU_YZ\=;UXZP/)[T=Z&/J8VCZEE8=9QCU=+D%5[6JLK3:].C1'D-I<RI91`
MY<T(VFIZX;FQ%14G8I`8Y%LKDL*;F!T`@6"-,+6FEB-V'8/S2'J+_O\`;M'\
M3-'_`-S@/FD/47_?[=H_B9H_^YP'S2'J+_O]NT?Q,T?_`'.`^:0]1?\`?[=H
M_B9H_P#N<!\TAZB_[_;M'\3-'_W.`^:0]1?]_MVC^)FC_P"YP'S2'J+_`+_;
MM'\3-'_W.`^:0]1?]_MVC^)FC_[G`?-(>HO^_P!NT?Q,T?\`W.`^:0]1?]_M
MVC^)FC_[G`?-(>HO^_V[1_$S1_\`<X#YI#U%_P!_MVC^)FC_`.YP'S2'J+_O
M]NT?Q,T?_<X')_<7H<^IE>/+EH55'/67Z!OEZE^H8E0U9=$*K:OZQD(F^P8F
M\FK97+X4U.DM9DT53MHW@@3>F.5&K$!10`[\^!,=Z7W''2/$O.;54G3';5E=
MK3),!N$DD4^:6M,@@2-*CV0.*Q%^6@<[+E#,7O80Z52-X7&^4D'NY"(O8B=A
M)'@:7Z%O.)\U4Y-KOG39)7>(P%$A<'Q%$$+<Y2$Q*O=F]F*&WH'1V9$:H1:M
MR+V,.U(-^S\V]>.]>&PY`DOJE\]19/,SW&*7&<*KF;J-]MU*ABL9/5U8AXW/
MK4=][DY0IL5IV-C;#;K`[H],(GG3NW+?%%LX\LP@(;CEO<%,14FVW@E/-)3"
MN?8W%9=?D_B\?*5QFHV"6Q%%8R13)"7!Q;)*Z*V:L71))G9(SM[FK:F)80H4
M%@V<46,+:W=X4^ML<VO%+!8K47_N/*Y10SI6SQQ=!G>Z'"HV6[V!D;E4>EKW
M)!,LFKY_3J$3L<V$MOM][)..),\-;#.E'7%.A=^HXZWKGQZDG(,;:97<#"VM
M&RUH69\A;M.&M3$U+HI;6F3@4(&!Q1",)4A))=F]4B-&`\@T(0TL#U(J4^YD
M^0JX7<#<L+CO)TT(BBN.Q(4A7P7M2Q"JIHF8HSD4Z61?;6ZSW9J%R3&.1;HU
M>[&''I`D;+-,#?%I=*1ZK;0@U0*(+8,OF=A5O:=IQ\B)@@I3;J,TXXU\US8M
MP=)C.X@E1NI"JSV?W8GQ$%2$XS81^!)GE#H-"J]^0HUONRI'[XE3JO=%Q/NZ
MY+[P2`[W98G\P_8*B//Y3`>._*/6]>/P8&@>M>DX9QWS5=745B-$D?X11L!>
MK"D[+$$[<KD[DTL9035*1C3N[DSMAS@;H6M`T>J(+_\`$>L#:U<S=KLROH)8
M[(G6I&6P(;&)NT)7,LDIQ3-<K9$+\@3N!2<Y2G+6DI%X`FA`88#1FMZ"(6O#
M>PS+`8#`8$/5K?3K<9_5O=K_`)=N3<"GX#^DI]<?]8GC?]A*F<"8W`Y#O#B"
MA^@YA)9_82&8!F,BKBNZX3R*+35^B3O$B:DMH^\ZPF<'<&-2D61BPX/:)@'1
M"[$#T;H1`"3`F$><H88#+_3>YULZAY9S]<BVV;KC<]M2,W+-9=:-I2216)()
MS$EL:$TG%R,DUO2Q>.[CT53,1S*QI&MH-8S527:;_P!8J&<%UM+B&AIK;RJT
MW6;6O6[K:+M7*>QX+7EQOM;P/H!\J4CXPKY/.8VTJ4JUY=F5A8`I5.F=4W'O
M3`W`0.GOK:F`G`&RD_(-$:HBU^;'6*J9)3]V2.\I/8L9?GIS4FO#ET18$NLV
MR?=7=(H1.K,4?+9LN/;A(SB#FO7L?=C"Q$EBT&GF/TYJ%;5>I!,93=5LS\VQ
M>>;`,M"W+6>);/E!O+,Q<)_1D*"Z;);V\B"1&7/3DO,;R$A0W98YJU"\U4H.
M$;@=>J;7JU$JC"%994`2+9LE]^AB-3,8Z0JER+:A(ETKC"<UQ`:_I=JEY!?M
M$FC0>T.+#X^(PZV%#==41J^::MJCIFH=DD/N:LIY5,K5,*HA"^)HW8D6=8B^
M'LJU4E7)D;L2V/!HDYIA!P"SM!$(`]:V'86CG>CXAS+0E,<Z5\J?%L%HNKX-
M4L.6298F<9&JC-?QMNBS(H?5Z)"V)%KN<W-A8E!I2<@L9NQ;"6#6]!T&Y,!@
M,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@?(\\A*0<J5'%)DR8HP]0H/,`400
M02#9AIQQIFP@***+#L0A"WK0=:\=X$%/:G75[M,GC]M\B=GU2CH]YHJR[-;T
MLIY[_"3S\X[HYS7(9L>Z]/1E\`7')#)W=2G:6QM-\`'+2=%D[&::$(PZW]+W
MH'KSJ/G5OO'JROZXK@N<#1KZG:86U2EF?GZ%^[CV*:2IKD4@?BVI-(U`PC:B
M"1`$8B+TI%KR*"=:"23`YLZ^H!1U+SA:-`)Y2DA7X3&="R'R9;'S)00V)4[X
MUNZD6V$IZCPG#:DIMV3H.UA.@^T\V_-X>78<R='>FI6M_OM<&HE47JJ*5O6]
MY,;$R0:`-Z9Q:;=M^=TM:+7>+*LVZ$,(I)"[!I%$X'HG1J=$LETX*R7/9I)A
M@#0JWWA.8R&*]2P]5<[.W-O<T;:4'4*AEK@Y*H,EAM-QWG^Q)G3)2Z:N8(*=
M8U41!L1Z1.HY`4RN"7WXD:C8S"!A@2?TQDZ&V_PEL]A1"+B:>M(IU+#G:,5:
MH;[5C:"$TC7]%-E$$V<?/%9YM6RJ)5X2FDP-H/:N[6X+4``I_:`5%AE+KZ>S
MR)Y03",W)MEF\KYPOGG_`*!=G5AE\J:K=-NU>"8D35I8'>SMHJY40*U%SR^-
MZ!'M01LB1."'0R@FA/`&G6KTGG%AC2QNC=QPR'.JF"\00=2@AM,J(]7DH6<2
MW+&;B8+,L&');*VLE5IS?[E$\=,<RW%#IK81C)"!4,)8@!TC:?'MBW):E:VW
M8LUHF9N=<UW?]<)(5*J">'R`*&N\7"E5I2T#>KMP3L4XQ3\#(?,;M4,Q=MZ4
MA`)&`DD.!WLS)G)$SM2-Y<P/;NE;4*9U>2T!366[.1"8HI<Y`;"33R6X"Y2$
M1NB`F#"3H7DT(6M>.PTCU5SA!.ON<[CYBLY=)&RO[O@KQ7\M<(>N0MDG1LKV
M6$I4>QKW)L>6]*X%Z#K8!G)5!>M_9`+7P8&T:]A336L!@]<L!JTYB@$0C4*9
M3G,XM0XFM,5943$VFN"@DE,4>M,1H`;-&$LL(C-[WH(=;\-!E^`P&`P(>K6^
MG6XS^K>[7_+MR;@1[/%LSBI>W/5D/C=D+J.@L_\`4>].FL[[Z!;FR/K5=&4O
M)>`X(I=)H4YS%GD$+AOW1S9J8HF*0/"%2@8@R3:T>@#)+-+#`S^_>EW-5'H6
MT]B%/M#G=$]^11MZT>K$YLYQ/F*#GUTH-#2-<:N";4#8-**#B8O-Y.^&B3Q]
M&JG!;")8D4:;R%B8\,WD??/5!E86%8-B=3M=2]$57RSR)9O+?/L&AD6(A/=]
MB6Q!]O<B<VV(6E6J&YK+9;CLW_\`I*5HC6H^MA@B_>C"RSU!)V!<IEW_`-75
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MV--%--15^>HY>'IBV%;""$64]L]7QJ(2(LZUWU3'F,9:!`K.1R7;?H1R\+<I
M3AQC4!TF=%]0]-/K^B73==Q%Z"C<5&W*H:$,K6(HKP]22<5]8"6"0X=0A#7A
M9+2TGK46F<]")O<W$U5K>]IFP+>';*7H:[+NHKH1O0=@V(^=G6K0/J5Q=;P)
M`X'%%[S3<[K--8<6J!NBCE`XVR6O0<FKY0E9D*%ZE#PM*GKD\D'HO`P]`,D)
M@_3F:+6C_`/%3%>Q$S2W4S\LT2V6RFL90XJY^GL5%6L;3S$F:JG@]2[*)26_
MEGZ7C4F#/$IT/8Q;%X[P.SL!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@:'M[I
MNBJ)87"26;8C,R-K1+H-!7H*`M=)7)CE-DN9+1"&Q^9XPD>'5BU(%IX=$G+"
M2$_D\1B'H&O'`U>*VNGY_(5C76-&(:[:J^Z;15Y/G;H!4L;R+)H!O:`.$BM>
MBCH6K=-J'%P<C0HVLEV)"29Y1C-T#X=`#Y1+D'9KY6TVO2YK&O:Q*9MFV[)J
MV6+%/X.$[$SV@0>TIX$_Q:!*VZ.S9BB$:/VA2"<23/::V(>RP^;8,#(K?XJY
MNNRI(G0LNKEM:Z9A\]C%A(:R@HMP*&.;K%7-4\HVF0,,5"V-[S%G%S6#/7MY
MH-D+#O`P?B8'0]!U(F3)T2=.C1IR$B1(04F2I4Q19"=,G(+"40G3D%!"4202
M4'00`#K00AUK6M>&!]\!@,!@,!@,!@,"/?U7V*ZY/Z;W9L?YQ26"NO5WHB9(
M:M1U0H>4MCJ)<<F+TVE0U1'CTSX4^B%X^QVE&$_Q_P"'?C@=3<\))2@Y_HQ#
M.2W@J;(J=K)),"I$8H.D!4I30ID)D!;Z:K&:J->`.P#M*A&B$8(_0MBWO?CO
M`W%@,!@,"'JUOIUN,_JWNU_R[<FX&EN<J68;V[U]<&'/DHL6$F-_5/#TJ8I=
M5DU=8+,&%_8N&*=&C5)7%O$:WN[<H3J#DRUK=4CBSN*4\PE4D.!OPT'>G*NN
M5H?$KDI>%G.II%7]23:`6B_WR[-[Q)+5Z/?8A$>@)A,/CZ0KU'W8.CFR3U.K
M+&22D`C+0&D)$B9$A*"$.JFNPZ7FJEY=F6<U?+5=7!-4R%S:Y-%'Y3787)K&
MM./>5J1:K-B(5[*2(T0SQ)_:I0[%O>R];W@?J*SJF97M'-H3,:QDNY<V.9B"
M6Q60Q5YW)V:(GD)WDQ&_-"Q3\=-D84K"@*M@--*1#-#H?DV+6MAK.P^A*)I8
M^DVQ2-M7#O\`MN&P.O2("DC[L6HDMI-LI=6&<N`$2]+HB).Y$;6!,>B='Z--
M&$(?:>?>]!LR/3&F79982&*2FL7-PB+N,^UD<>>XJM61A^)`8>8=82=M5&'L
MKN46VC&(3EHHX(4^][^`&_`-(1'K_EJSWZ^&=!-H0IC7/QM4NEA6<]N\+U4*
MDVQF7<CA+HQV`)[5,+H)MTA`0:>:,C:1<$!0-B%X;T&YG.U*-86)ED;S8]4,
MT9D+LBB\=?G.81!N8GQ\3JCAMT=9714XDM[F[$+2S-DI"#!G!-"+80:%K>!;
M+WLB+<ZTO?/1SK&!.R:IZBGELRQ(P)FU+)94SU3"WN6C9R7!3[N6H7FM[2:G
M1[5&Z**&9KQV$/C@4?+U\,?4G-U"]*1EC=HS';\J"N[A8HX_F(S7QB:;%BC7
M+&]H=S6XY0@,<F]*ZA*.$2,96S`[\HMA\-X&]L!@,!@,!@,!@,!@,!@,!@,!
M@,!@,"UO+VSQUK<'M^<T+.T-+>O=7-Q<5)21&A;6M&<X.2Y2><(("DJ%"G,.
M-'O?@`L&Q;\-:W@<?+.S6&;@2M/,T*DE_/<WYWE=]TS-F5.:V\\V`-D<3&-D
M@2Z[@D.+-%I7)7HO82252;00$`&8,0?#6MA:7RE.D>@V>:LUS6XYTS5]KT76
M;0965'+`1ZX*:N5.O)>[,<H_T`UGJ/CQD6^R"UD@TAV4:F]H+P#H0M&!T?"J
M(J:OY9.[`C,)9$=@6F*&'V?.!HR3)+8+A7S*1'XD[2E;Y`EKG-G;2-:+-"67
MX&"$9X><0M[#;F`P&`P&`P&`P&`P&`P&!S3V/TQ'>-.6[UZGET;>Y?&J)KM\
ML1ZC$<.0)GU\0,9033F]K/<S2&\E6?Y_`(C1Z!K^W`V]64Y16?6U>V4VHE;8
MW6'!XG.6]N7B)&N;T4M84#^E1+1)QF)Q*TI#@$LS8!"!L8=^7>]>&!G&`P&`
MP(>K6^G6XS^K>[7_`"[<FX%/P'])3ZX_ZQ/&_P"PE3.!STJ]/3IZ-]E]+=2M
MK$U67';RMWH6#L%82V61,ULJ"M+;Y3I*'Q[J:E`+`I`1.U'"T*P512:HU1YC
MF[P]:2-)LD"'W5Q#5[[Z4MRLU9<[1RMJ+IYM#`_3GY6J:]J\2OL3B4<O:U.?
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M?%5Z4JM<Y/(VY<\<Y02TH9,GU+(X\E?WQ&S.XV).`IR*?5"(H(:(I?C*Y;PK
M"!W]6-'*G>E).1ZG]>1?GNE);R6&,0TN\>Y;`G\2D\3>.HZDFE6/]'VC!DA#
M8LD430I'8#<A0*&I,Y-:O118>EF*\V-;OQ+'^0;94O;JRNW+C;SE92DB:KI)
M(ES4XU256LP&FL58PQUS?G<Y&>H]F]'-B)0J-WI2-,4,6R@AM"A:6A/.%(U'
MS]6I;H37E)UO#*K@Y3VXB=W@J*0./H(RP%NCH,LD;BX`;&TK1Q^P!V:9XB\-
M>/A@;9P&`P&`P&`P&`P&`P&`P&`P&`P.>;-ZIHFI@M.Y3.D:PYUN&%4,:CAZ
M5;.5\>L^?BUN.1Z9(HDG>%,,V<DW[R<<Z!2E$)O`8A:T('F#73/8?7%F/D84
MQRGXO2$1BG0L]@]M-]RNQKY+)_24:;E*..6;2BR"*5;2W*I;(!@-3)GHK_[0
MK8MB#H6A"#^UQQK'65=4$UNJP9MT=<U*%W$@A]M3Q4%B<C&"YW`XQ_8'V*Q(
MYLB$A0-;"8%J1:7)%/L$@=^301;UL(=8QZ.1^(LC;&HHQ,T8CC,E`B9V"/-:
M)E9&I$7O>RTC:U-I"9"A2E[%OP+*+`#7C\&L"\X#`8#`8#`8#`8#`8#`8#`8
M&C>F.>:[ZRH*V>;;:+>C:UNB%NT#FA<<=-LCZ)B>2PEK--3KHA5[@LUH.O(9
MLL>M;^R'>O@P-D02&LM=0>&U]&PJ@1V"16/0UA`N4"6+0LL8:$;(UA5JQ!")
M4J"A0EZ,,WK6QC\1>'PX&58#`8#`AZM;Z=;C/ZM[M?\`+MR;@4_`?TE/KC_K
M$\;_`+"5,X$QN`P.9.D>FD'.*.+GJ*HM6T5,IU(U``P$JOF..QMMBJ)$N='&
M;V5<-@575<0VKTX%$-B-:^%N3PI$,*),>%.J,(#C%;ZQW./W+D6%&:NZ0G=7
MM]`T!U!8EEQ6`1446J6D>CSY0D@TLFY;[8+'(E2UI/AKF)Y:F-`\NB)*B.4%
MD'D@\^P^]E^I"X'WCS]6%+55/U\"FW=KGR'/K[E<29_P1/+K`Z]N)UM6*5ZX
M(YZGG*:412P*^+:`.[C'P,"Q8VNB1*>H-*`+82JN+:W.Z)0VNR!$Z-RL'LU:
M!Q2D+42DO0@CT6H2J2S2#@:&'6_`0=Z\=:W@51111!19))99)))8"BBB@!+*
M**+#H!9998-:"`L`=:UK6M:UK6L#F+MZ,SV:\7=>0VJT3TY6?+>8+]C-<-T<
M6[;9"OGC]5,L:X@B87'2I#M`\JI`J3@2G:/)]D>((O.#P\V@Q#TY8=9U><`\
M4P*ZV^0--PPSEFB8O:+7+'#;M)VZ?L=:QQMEJ*0NFUKCMP>DSXG/`I.]X.]J
M=H0O.+Q\=AV?@,!@,!@,!@,!@,!@,!@,#%)E.8A7L=?Y9-I$UQJ/1>./DN?W
M-S4A));(S&D8G!_?%!>O.?MN:$0?:*#`@%HL/AX_9UXAR/(^M93/&N3M7)%2
M/MQREQYSCU_TE9,F+/BG,=HES!T"AC<.)MHG:PUNE1Z`)JXU"H1IC0)P:\P@
M:WL00^LKYOMR^4]G,MZWA*(_5]BL](.43K.EE`Z\F5,S&"#1R"P2&^[&$Y,]
MS:/SB3$^[G$K4(0_%H/9@V#S[\`Z8A=0UA73]/I5!X)&(O)K4D2:763(&9H1
MH7><RA&UDLJ9^DJX@H!SHYDM:<)(3#-[WH.Q>'PB%O8;&P&`P&`P&`P&`P&`
MP&`P&`P&`P&!'OZK\`N&T_3>[-KKGYIE#[=4PHB9,=:L\*<!-,K<94K3%A;D
MK"X@7-HTCB:+6]`%H\K?]GC\.!U-SNT26/\`/]&,$S3N"28,=.UDT2Q*[*-J
MW5-)6V%,B)]3N:K9RG:EP)="30G&>T,\YFM[\PO'QV&XL!@,!@0]6M].MQG]
M6]VO^7;DW`I^`_I*?7'_`%B>-_V$J9P)C<!@<(=;\+1_JNQ*2L]98*N(2*E$
M%@L34VNU<5;<<*7M%EJ(4J?'M-!+@BTMBS#:3"=`T@6&4$)A*VQ,J7IAE*4R
MTXG8:)AWI'U-#.=+?YN1VS:"Z-6]R30?'[C(UY41%)&:#\];MHN)RA").PD-
MJF7NZ6VE`'$9Q`DA@T10RB2MB,T(,X*].%$CMV'3!KZ'M-MIV`]82OM&+<\$
ML=>FQ5%==@H+%U/2U$T.C(YZJK][D]IO<@3,WO@-(7E<8,)PTQ:5*F"2W`8&
MG.B;?2<]\_7I?C@Q*I0@H^G;-M];&D*PAN6R))6L*>YFH8T;@I*/3(%3L2R[
M3EG&`&`H9FA"#O6MZV%BY1OM!U1S%SWTNUQM9#FV_P"F*VN-!$W%P(=E\:1V
M-$6F6)F):Z)4Z1,XJFLIUT28<646`T0-BT$.M^&!T!@,!@,!@,!@,!@,!@<L
M7MU]55!670=-2!/*9;:O1DW)B,!@4`:")%(TK43K8Y%8\F0C7H=LE<P\CP,<
M7$6QB`#S;*+-]D=[,+E+>MZ-BCQ"V,B4G3==-+T3\X`%6+8LL5'$;;.:3GM1
M&K$71,#FE@0FMM)]HL&YC3Z2Z%KVF@_#X!@$5D_8EO*ZU?5E?17FN$)IG=49
MNV`S9[+FUHOT.0$+H_44WJ280PX<98CWE?Y7=0G=$OMBB`@*^'X=C"Z5;QA7
M$,-JJ6V4]RSH:[JKK&8U&EO:W'0QSF\GA,^>CGN4LTJ;FP3?$WM(N-,`G!I4
MA/,*2E!!H>][&(8=:-[>@:4*1L:D*-L;4"<I(@;V],2C0HDA`-%D)4B1,`LA
M,G)+#H(``"$(0Z\-:\,"LP&`P&`P&`P&`P&`P&`P&`P&`P&`P&!R[VQTXV\8
M<FW]U6\1%?/6NAJW?K%70UL=4[&X2-.Q%`,&UI7=6D7IF\U1Y_@-&0;H/A_P
M[^Q@;EJN=$6C6%<68F;3F=-8L"A\Z3M"E06K4-1$NCS=("FT]44`HI2<A+<-
M%","$(1B#O>M:UOPP,]P&`P&!#U:WTZW&?U;W:_Y=N3<"GX#^DI]<?\`6)XW
M_82IG`UU/>_NAH5'^H.G3Y]SRBJV@;TZVH".<CR*-OZ&VK/<N:ZOL:41[4:L
M]%*5BP=R6@^0,$A2,GW-B:P5^L]OH6U!>EI@:_LOO#M*F%T=K#5K\Q79/+DK
MCBNVX/9\=JJ1M,!J\GI/LZF>8Y,P/\5:+:>%LU@#['K5/>((YZ=VYR6F,+@6
MI$I`$)I0:9O28=%7Q>W/]#7A:=>3%IYO]1/H6N9B4TU4_1:*WZW5UZ;*7L&M
M'N9Q!MMK7Q&^0TZ>*VHLDA8J0;<DR)[`26>E"F&&I9SU9T1>_`3KMALBI>?Z
MZI"GO2*1NU<(&>7BFUD.'23+S%:SS((K9+K:&I+"8J49,]Q>)$#*?3W=<QNA
M#BJ5"._]('6K%ZE?8KU8DNF`8&R-],']`=I<\,T;D4:JJ.H(N7S`T=`DQZ6M
M$[5=-G6O8]J+GVCR7*01'5?(@%1]V4&I1@*:]+W$,>3>H]VO7T.KA58LNYUE
M<AZ;XZXYZ'@TB(JZ3P6#<Z2[I;I6B>=)2*7D&VH]K['JV`HKV3OX3SEC(M./
M:#23CB$ZP`D0;'M[M/LZOKJAG'$-L>L;OLXU9?LEEUQ4C34,?I8P,%21?G-^
M8:LF]-V=TY4,!8;/%N^]NS\8WRA68&(I$*@AM2&KU"EO"2^FW0/<G"41/OR(
M,30FZBYT-8[?A\#G#=(XP)NL^%JX[-DD*G\,D#ZA6Q]W0.B@QM7H'16(M,>6
M(*DPP/M-AOBDJ?@?/E.U91-6MJEGK6FZ_B-90%I6.:YZ5ML/A#$ACD<0J7=S
M/4N+F>E:6XH`U!Y@SC1:V(8MBWO>!M#`8#`8#`8#`8#`8#`\V%Y>EAZ@\MZ+
ML;IMONCFNWIC+Y5"'M@)ENKOIZ15]$JUDPI+$JLKN30!_>CH["E1I9)3V0(T
M6WOV>S%`M&&&"$$ZG.4"<X;729XFE7U)5ER6,L/G]ZME,E#.B;S:CWY=R!]^
M/EC6TO4G6*PDEZ&L7%B4;\OD\X@A"+8;[P&`P&`P&`P&`P&`P&`P&`P&`P&`
MP&`P&`P-,=$4+6?45'6ASS<K6L>JLMZ(ND(G32WO#A'UJ^.NY82UR=*]-1Z5
MQ;3AA#KP-),`,/\`9O`V#"XDQP"'1."1A.8CC4*C+#$H\D.4GK#DK'&VM*S-
M*<U8I&8I5&$($181&&"$,>]>86][WO>!DV`P&`P(>K6^G6XS^K>[7_+MR;@4
M_`?TE/KC_K$\;_L)4S@25ZYXH35L*KXU2U5ZNQ:VC:%EM?<#%_PC*FTQK"Q&
MI%$Q^*_C\XLUB#I`+8C]B$A#I/O>R=:!H+!"N3N7:W:WACK[G2CX2RR&41:;
M/C3%:MA+"VNLN@SV1)(/(UR)M94R90[PJ0IBUS.<(.QM:L`34VRAZT+`SLRG
MJF.?#I.;6-?FR11)W2;'OYD/CXWDZ9/<%(J]YE9KF)OVM,D;M6J4J/J5NQ[4
MGLI840Q[3!T7H-=O_(7*,J70ASD_-%"2%PK.+LD)KM6]U'`W0^#PZ,&%G1B+
M10:UA.VPQ^,'%:&VI$WLR&\?B).$O>][V%V_VO\`-OX29#<?X`::_"S+6MR9
M9197X-(=]W,B:GIL`QO*%ZE'Q/\`'+F2\LA0$2OVQP]JD98"#=C*`$&@OJVA
MZ0<VT+*Y4[5SBS@K05,!:5\!BJULU3X]HQ#JOW!2U&I-UT,3<GWME\GQ;O9!
M?B3]H'P#7J[B[D)TK9FIQRY>H!PJF.OBN3L-=K:C@BJ',\E<0'E.<B;6`]C&
MW(WUU)5&EJUA985"HHXP!HQ@,&'86GL>KY#,N&^J*7IB.$!E<JY2N^L*HB,=
M,;HPF#(7RHI/%8-'&(W9S4T1XC3DJ2IDPO:)DR0/EWYBP`\=!8?3FK2QJ9X"
MXKJ.WVE6PVM67+-$P.R&1>Z(WQ<T3B*5K'&24-JMY;UKD@=5*)Y1'%C4$J#R
MCA!V((Q!WH6P[-P*!T=6QC;'!Z>G%"T,[2B5.3JZN:LA`VMK<B)&I6+W!<J,
M*3(T21.6(PTTP00%@#L0MZUK>\#%5-G5LB8H?*%E@PA+&K#4LB.`2`^5L13)
M.EDE;#WJ.)(<ZC7A0R=5(&9,8K0EH1GC5IBQ&E:&`.Q:"AA5Q5'9*D2.N[1K
MN>J@H3G/:>&32-R@[XM3+"V]2X!+9')<(2%,X&@(,.UXEEGBT6+>A[UK`N[C
M84":(V7,G2;1)OB)QP$Y$H62)H3Q\]0:I&B*3D/!JL+>>H-6%B)"`!FQB-#L
M&M;%KPP+,W7+4+QIRVT6I7+IIFB#?8+N)MFT:7!:H"[EJS6F;N(DKD;I%$'0
MM`H$G<S/*B/TG-V`P7LQ^4/@SW=3$@DP84PVW6;U,A^RT")-4[B[A)Q;4,9<
MG3Z"P)'0UUWL^-&@<0:]E]N@&%1KQ)WH>!:"NC^>CV]Z=B;VITUJCB!X=I"Z
M%V9#!-S&UQYT)9)"Y.Z[3UM*W-[`]*"T:XXX8"T:H82CM@,WH.!G41GT%GZ5
M<M@DSBDT1MBS3<YJHI(6F0D-K@),0M"@<#6E6K`B6[1JBC?9&["9[(P(O#RB
MUO89;@,#!'VT*VC$TA-;R.?0YCL*RC'DNO8*ZR-I0S";[CC.OD,@'%8VH5EO
M#Z2Q,;6H5K#$Q)A:8@H0S-AUKQP,[P&`P&`P&`P&`P&`P&`P,*L2R:]J.(N=
M@6I-XI7$$93VA.]3.;O[9%XLS&O[TW1QF^-G]Y4HVMM+<7UW2I"AGFE@$>>`
M/CXBU@9:D5I'!(E7H%2=:A6IR5:-8D.+4I%:126$Y.J2J"1#)4)U!(]#`,&]
MA&'>MZWO6\"HP&`P&`P&`P&`P(^/5=J"U[^]-_LRF*,85TIM^R:(F45KR.MC
MNW,+@\R9Q3%@0($CP[N+0V-YQX@[UHP]205K_P"H>M8'4W/$;D,.H"C8C+DI
MJ&5Q6GJSC<G1'JB5QZ.0L<*9&QZ2G+4YRDA6:G<DIH!&@,,`9O7FT(6MZWL-
MPX#`8#`AZM;Z=;C/ZM[M?\NW)N!3\!_24^N/^L3QO^PE3.!,;@,!@1?^ECV[
M97=%?=72VSHQ"(LOH?O3I;E:+)X*G?4R1U@U+N$91QU^?@OST^'&2IR"]&[6
MC3C(2#V`.RR"OAUL)0,!@,#2G2MP?[>N<[^OWX@W*_P'TK:=O_<OIQTT;DGX
M-8,^S/XAT[;2.&FO;Q\2^[^\;(/]C[3S^S'Y?+L,?Y"OS_=5RIS?TS]R^X3_
M`+@*/J^Y/N.$[:?MQ;\(\-9Y;]S^WO2!KT[;:/C7V'O.DR?VWD\_LP>/ET'1
M>!@]G(G-RK>P&UD;S79Y<83*D#2UD"1`.<7)8QKDR%"4-S4HVX`U2HT(-;/.
M*)UYO$8@A\=Z"#^*<,]%P-5R!"R("C>Z.Y`['A5B\],J&4QO4GK&A)E45@+K
M#:Y8W.;RD:QK*4FT^W`HJF:E;@=N(IMB`'R&"P-Q\BU'U517+K-5QT"M5LL\
MJ!3*&MACR]<]N,!IYUF]TO*TF4PL47DJ&5R4:"+S`#^X)E:\T)Q4;*2ECTL-
M++,#%V+C6VH%6<[Y?*BUK-5;5-TZBO'C6_.<Y57$.F---TZ@TJE,D!%H#94X
MEI$D;ZZMZ1R!B5L,F`N;WR*2_191)P49@0!E=5TMUE!'.7R>SZBCDJFEW\&4
MSSZ_&TP?`8?#(G;U63CI]:L-?XJZRQ*FB<7E$?O1L<3-L1SZB;EZ9T3$>U+"
M@VL#`5W&]^I>QW2[G*O%L]IV'=6<^V>U5\ED-?Q]9+#X?QI$^=D?0L1>MOJ*
M1!>:3EQ#N!3$GI6WHI"PN!JH@I0N2(DRL,94\L]/G\(=0\]!JVTG*?VA%/4#
M00^'O4GYT35BVJ+]Z,M.R:U$PO;<_%2P+[,8[-6_:X+FN&A;R_>PJ#"C222C
MP[]JBGK&<.YK=ZK=(@HJ2`27G"K:*31!S<XVJEUK3"'3J<S4ZT)HW0YXD#"U
MI86RRH#"PB/7*'506J</;EITQ:/1H=\X#>O'6]?#\/P?!O>M_P#X;UX;UO`\
MN%Z_]K_35O=]1_L]%V+U\SM+RKF1]KQ);<LN<[3+^/HM(T#&"G.@U3@JG4)8
M&I^<T^CV5P`[$&M6STQ"A,7L!6@Z._ET.4_TN_5%^778G_3<!_+H<I_I=^J+
M\NNQ/^FX#^70Y3_2[]47Y==B?]-P'\NARG^EWZHORZ[$_P"FX#^70Y3_`$N_
M5%^778G_`$W`?RZ'*?Z7?JB_+KL3_IN`_ET.4_TN_5%^778G_3<!_+H<I_I=
M^J+\NNQ/^FX#^70Y3_2[]47Y==B?]-P'\NARG^EWZHORZ[$_Z;@/Y=#E/]+O
MU1?EUV)_TW`?RZ'*?Z7?JB_+KL3_`*;@/Y=#E/\`2[]47Y==B?\`3<#G[J;_
M`+8.CKDH>>5I6G9G=C1,I6&-I&QSO'IJ?735R)*DE[`YOBB35:I&Q)ID,#`A
M5>X)C%B8L#E[N:(P.B][P)9O3(]-BM_2_P"?DM!UK;=[6XV[.2KW!VN6PG62
M-J!P)(&6>GKN!@-*AM71P\PT0MH6I,$9V]`$J/4F`T9@2.8#`C']0"U>CH38
MG+==\X2.0MTHN?\`W,,@(]'6RJ%BF1RJ$<\RZ?5E[RNME"8RM;2VSUF1C<!`
M5)MG(!'%B\WCK80Y8@?5W8J/LUAHZR)LTIC4G0D%KNPTQD>A1'/RM+OTZ:LO
M>QZ7JR4@:T=K&7D_7K/3WR$EO"H"-;#FQT+.-/-1`(P,TK'JGH69U#Z=-NJY
MTM62WO.PG:OK0J5DCD0+#1J62T_=%@KW"OB5C`I?V^0\L2:O$C.^BD!CJE7B
M`L"N(+5&)0$AASKUSTNJX>Z8G(K(<(ST9P/SAT9#NAG-'&(&8S27K>M&U4?#
M97\1O<(.:DD<D$.BY$]1MR/29"-AG32`X(PA\`!T3;EA]APIL@C]3RF42N>L
MEP+7"1<ZVVJHM>[7=3S;2,GE;U"8K+JS;T2:`3.4N<<4*X8YKU0"-/C:8C<P
M[:U0A(@ZFXTNYLZ,I@VXH_+7F81:6V1:I<462!C)C+VQL4>GK[%R(4]1[XCC
M[DQOT&5LIS2Y(W%/MR2N2-04I&,T`MX'5N!R=W9TZ+B[CSHKJP,-U80J%J^1
M6,&$[?/N:#)A,1(#=-(G[36][:0J=C\-G>Z*-@UK_@%@;OJ2=_A2JFLK-^+-
MLOX1:]A<[^)MJM+MM/W71MMD'Q9M=HA+I9M!\8>R]K[(OVGD\WE#X^&@V%@,
M!@,"'JUOIUN,_JWNU_R[<FX%/P'])3ZX_P"L3QO^PE3.!,;@,!@>?/\`[=O_
M`"4]1WZY#OC_`!V!X'H,P&`P,'LZ#0BSZUL*M;,;4KS6]AP>60:P&=<M5-J)
MUA$L85[#*VU8XHE2%8@2KF)>>48>2>2:4`6Q!&`6M"T%NIRMJXINI:TJ6GFA
M%'ZHK."16"5LQMKBM>&]G@T594;+%FQ$[.*UR<')*B9D1)99YZ@\TT(="$8,
M6]BV&R<!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,#%W>$0R0/T9
ME3]$HR]2>%'N"F&R-V8FMQ?8DH=T>V]V41EW5I3G!A/=&\6TZD:4PH1Y&]EC
MV(&_#`QY9350N)[^J<*LKI<IE<G8)M)U*R%1M2HD4SB?NFHK+WP\YM&:ZRB,
M:;T^FYP/V8K0Z3E:),!HL'E"XM-95PPR=QFK'`8:SS!WVOVZ2ELC+,@D+AMV
M4DK'82QX2HRG!0)U6)BS56Q&;VH-+`,SS""'>@JGV`024,LJC<EA42D,=G0A
M#F["]QQG=669"&W-[.8*5-:Y&>AD.S&AI2I!>^`.\R9,45OQ++`'06-BIFH8
MNK1KXU5M>1]>W.ICZ@7,L,CK8L1O9K/N/&O"54C;B3R'0<?WM!M0$6C=HM[(
M\WLM^3`SIN:6MG*4$-+:WM9"MP<7942W(TZ(I2Z.ZPYQ=G)06F+*`<X.;@I,
M/4'"ULPXXP0Q[$(6]["X8&H[ZI^I[_IJR*6O5B12>G[)BKG%;%8'%W<F%"ZQ
M=Q+T%Q2*GIH<6AS;"1EAUO9Q"D@P'AXZ'K`SJ(1R/0Z)1>(Q%&2WQ2*QUDCD
M80)U!RM.ACS&VIFQE1D*E!RA0I)3-J4H`3###!C"'6Q"%O>][#(L!@,!@0]6
MM].MQG]6]VO^7;DW`I^`_I*?7'_6)XW_`&$J9P)C<!@,#SY_]NW_`)*>H[]<
MAWQ_CL#P/09@,!@6E^86.5,;U&).S-4CC4C:7%AD,>?6]([,CZQNZ,YO=F9X
M:EY2A"YM3F@4&$*$YQ8RCB1B`,.P[WK`PS=/UB&.16'HH4QLT2@S0EC\-B\;
M3"C$>C#$A2)4"!E8V6/#;&YM:4")$22G3E%A)(*+"`L(0Z\,#-&ID:V1I3L;
M6ETE:TI)A"=+HX\[191HS##`>V4&FJ!>89HM^.Q[WKQP,7CU8P:*N07=@8@M
M[B$DT@*C3@[*=Z*/UK1H/9+%Z@G?GUK[/E\=?V8%9)X!$9D<D425H"YG(2C"
M4H]K7%+[(LT81F!\J%8F"/S"#K?B+6]ZP+XD9&M"S%1]*ET4T$H=MI:/VR@>
M@HA%")V1[<PT:G?B6+>O-L>Q?^?C@8W&ZVA417F.<=9`MRXU,-&,_2]T5;$G
M,,*-&7[-:M4E:\PR0[\=!\WP?9^S@?235W#9BK(7R1F"Y*TR;20@W:YS2^1/
MHTP[1?D1+4Q8O^8:+?CO6Q?#]GPP,@VR-FV7<=VEU\3[;?BCW/VQ_A\7>[>Z
M>[>W]K[SX>[_`&OF\_G_`+?'Q^'`L$9KR'0Y4H6QMF"VJ5:?250;I<Y*O:$:
M,";HOR+5BD`?^8#6_'6M;^#[.!\9'6D(EK@%UD+&%Q7A3%I`J-KW1-O2<D9@
MRR_9HUR<G?E$<+?CY?-OQ^'?V,#)5K(UN#.:P+$NCF@]&%O-2>V4`T-&$`2P
MD^W+-`IUX`#K7FT/0O\`SP+)&(#$H8:K.C30%L,7EE%*Q:6N*KVH"!#&4'P7
M*U(0>41F_P#AUK>_'X<"BD%80:5.0G=^8@KW$911(E.W!V3[V40'RE!]DD7I
MR=>36_L^7QW_`&X&4.S(UOC2H8W1+I4UJRBR%"79QY.C"BAEF%@]LG-*4!\H
MR@[\=#UO?A@6B+P>+0S2S4::M-FG#9&UG@L<%?MMIO:^Q_\`OE2GR>3VXO\`
MA\/'Q^'Q^#`MCQ5T$?W<U^=V$*QV.&G&8KVXNQ.Q"2EEE$;]BF7DI]>S+)#K
MX`:\?#X?'X<#)WY@:9,V'LSXDTN;5(B1'IMG*4^C-D&@/*W[5(<0>'R&EZW\
M`M>/A\/P8%OC$,C4-)5)XTV:;"5II9RH&E2Y5[4TH&P%B\RY2I$#RA%O7@'>
MM8%G75;`W)\')%K"$YZ,5D+AK?C%W+WM6GV7LDWV!2\"76P;)#\&@>7?A\.O
MLX&22&-LLK;A-+^BTX-XCBE`D^SU2;6SB=[V4/VJ,].=KR[%OX/-X;_MP*>,
MQ&/0Y(>@CC=IM2*5.U9Y6E*U5YU&RBR=F>=:H4F!_P"64'7AK>@_!]CQ\<"R
M#JZ"&/\`]TXV$(GWXQ"[>_\`QB[:W\8`-T>%1[OI?I)\!H=;\OL_)_9X>&!?
MI)%6"7H2VV1(-.*(I2!861M2L2Z"H++-*`9[1$H3&[\I9PM>&Q;#\/V/L8'[
MCD88HDW[:H\ATW(!*#%>T^E"M3K:@X)8##/:+#U!WVP2@Z\/-X:\/@U@8\GJ
MZ")'[4F3L(2WS2\USTN^,786]+CS!FFG^[C7B2_;&&;WY?9^37C\&L"]2:'Q
MR8IDZ.2-NG),D/VI3E[5+4OLS]EB*V/S(E*88O\`ECWKPWO>O_+`JX_'6:+-
MI;.PHM(&XDPXTM-H]2HT$P\>S#1>U5G*#M^<>_'PV+>M?V8&+H*J@+8\E2!"
MP!(=R59BXI9\9.YFPJC=CV8;[$UP,3;\VS-_!L&P_#]C`NTH@\6F>D>I*U:<
M]-^S]H_%8X)/8[4^R]M_]BJ3>?S^P#_Q>/AX?!X?#@7)CCK-'&DIC94>D363
M[?V:71ZE1H/O)@SC_P#G*CCU&_.88+?PCWX>/P>&L#%V.JH#&W1.],K`%$YI
M/:^[JM.3N?LOVY)A!O\`RE3@>0+SE&BU]L'?AX^.OAP+E)X#$ID:D/DK0%S-
M0EFE)1;6N*7V19P@#-#X(5:8(_,(&OA%K>]>'P8%W;H^T-+*7'6]'I.S%)CT
MA:/1ZDW04ZD1HCR_;G'&*=^<1POAV/S:\?@WKX,#&H_5\%BSD6[L+"%`XE%&
MD@4Z<'93L)9X?(:'V2M>H)WYP_!X[#XZ_LP*J35Y#IBJ3K9(S!<E25/[J0;M
M<Y)?9D>T&=[/R(EB8L7_`##-[\=ZWOX?L^&!>R(^SIV+49)1Z`QZ;S&K2'VZ
MD6O<#2A$#3^\".VJ^V*'O7F]IY]>/V?'`QZ.5I"8DX"=(\QA;EXTQB02C2]U
M4^*<X99AA?LUBY03]L,D._'R^.O#X-X&.VI0M.7@S/,;M^O(W8\:D;*..R*,
MR]()ZC3^PFC&8<T/<>5FC9G5O.$9OSE*"#`#^P+6]:U@;)9&5HC;,TQU@;43
M,PL+8@961H;4Y21N:FAK2E(6UM0)"0@)2HD*,@!118-:"``=:UK6M8%SP&`P
M&!#U:WTZW&?U;W:_Y=N3<"GX#^DI]<?]8GC?]A*F<"8W`8#`\^?_`&[?^2GJ
M._7(=\?X[`\#T&8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8$/5K?3K<9_5O=K_EVY-P*?@/Z2GUQ_UB>-_V
M$J9P)C<!@,#SY_\`;M_Y*>H[]<AWQ_CL#P/09@,!@,!@,!@,!@,!@,!@,!@,
M!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@0]6M].MQG]6]V
MO^7;DW`I^`_I*?7'_6)XW_82IG`F-P&`P//G_P!NW_DIZCOUR'?'^.P/`]!F
M`P&`P&`P+6^/;1&F5XD<@<4;.PQ]K<'M[=W`X"9`UM#4D.7N3BN4&;T6G1H4
M9`S31BWK0`!WO?P:P(\Z?]0&2VPZ4U)A<<]&13G+HUP;6^D^@EI,(D*=R321
MA<)-!9=9U41*3/-GTU7EB,S;LQJ>'E!HM*8K1%/!;4:J`'0='LW8W)DB.LDA
MBZ8HAV'3B-8Y6MM#:T(4%5VV-SB8SN3K,#P/6R6%I;'DD:)4J4"`G3+"QD&#
M":`0-!;TW;G':V`R2TT/45"+ZXA\K(@LGFJ"U86NCC'-%A0%""*+W-(\')R9
M$YI#0GI$?CL]6G&$TD(R]Z%L/D+L.B"5KV\*[-JI+3K-24*O7\.0KBJXZ"JX
MC.)A*X:TJRR2)48^$,2EPC&@I'LU.%F<U*GW-&I.6$*"2PUA7/J3<E3N%6U:
M#G;U>0"JJOZ!=.=T%FS&PX0BA-DRMLK^#6&)?`7TE\.2/"0QLFVRMI]"TM),
M:UHC2@%D"%H-XO?6O+4:D,2B4@Z.HUED\]B1=@0EA<[5A"-UED!-89!*"IU'
MT1[V`]VA9L<BCFN"ZDZ&@$E0'F:-\I8MZ#14V]3KAZ&PV(SY)T+6D\BTPORK
M>;TSK7LWA\F3,MD6XOTGC!4F-+?TY3*T%-(3G8\\P6Q;:DYB@@!P=:\0V"7V
M[SC'XA$Y3<5O4_2!LYF%E0^*-,YNBJS=ORFLK'?JX>5C6\LDK<&):04XLY0E
MP"U&S&12L+0.6DR\!B<(9RZ=7<PL=JME%O'0M+-ET/#RGCC;5*ZRX>FL%7(5
MK.@D+>Q`B1KN%\"\NC$Z)UB-*(D)ZM.<$PD(P[\<"^7%T10O/+>R.U[W+6-.
MMDD7GMD?765-H[#$SRM1D!5+R6TU_<$(5FFQ&+1ZL8/$"4C_`)AVP`^VP-"0
M7N:N+0[5LGC"O$;?*'RFZ?@]K67.4D^@WN;0.R3U9L/C3'"RG=1-I-LQC3D+
MW%T)2@;&XMT;@#-&8M+UH,LD'>?$D5?Y3%))UOSBR2>$$/9\OCSC<D`3/4;W
M&G[<7D*5X;#'[2Q"Y,<C\$*M(,&E1"D8"QEZ$,&MA4&]E4`W.$A<)':U11FJ
MVN!4W/F&YG>ZJH*A$N;;M.L74/"V:!+1.J%$ZI*[//:W%622WR`)A@&PY4-&
ML"0'S+[.Y^<-0*2QZU:ED-.3:!6[8!MW(;DJTB"L+33;W!8_*-J=+92G=G1(
MWNLVTG<UJ(@]%'E*;1#H8D.5)`'!=4':/(;I7DOMILZ<H=RK&`2)/$9M/4%J
M0M9%8O*EIB,IMC;T])GDQ"A?7@;BF]Q2#'H]=I23M.$S1I>Q!MNM;5K&Y8L1
M.*BL.$VA#%*Q<W)Y97TI9)A&SW!K/VE<T!3W'UK@VF+6U4'92@K1FQDFZV`>
MM"UO6!K2>==\J5;."JRLOI*BZ^L,XQ*5J$32U81&)04)>V;>6[:ID>7M&X(B
MW)L#LY,,X``J0_\`\6Q;^#`M)O;''Y%5M]X'=/4074#O)5<,:K(':,.U$'*8
M-XE6G&*(7KXW]T5R5N`A/,4(0"$J(((,-,`$LL8]!B7S@')A=U3RCEESP-M?
MJWYX@?44IE;G,H>AKQ-3]B/+^T,,C(EIT@TE.3$$LA"]6>(`$1+>\M9P3QZ6
MEZT&O+5]3+FZ"Q"#3VOY"W=`Q&;K[_9P/U-RJ(R1NCS]SQS;9O3,LCTA4?')
M06U]<(E69B1.D,\IY:EQ2&G``F'LW0=*P/I2G9Q7K'86YU$HVD<2ZB1/C0_2
MN.IG2$S*\6&"2"M:[E@0.0R&J;RM-9;$!N0#%H]P&ZI/=@F:4D[&&%J^[>*D
M+=+G=5UCSN6V0&4,T'FB_5OP0Q+%YI(0/)K+$7HTI\&%#)G`B..)@$`_!5HI
MO5#V#0$YVP!]4W9%!GK).\[M.I0T[&*AB=PJ+T*N>JUD!/8)3/9[7A8O!'*S
MW=$T)I!`S4Y+R>06S.*TT2)&I.6)51)(?Q][HXPC$(AUE2+JOGUE@%@F/14)
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MIVA'4BH2_>+24HK9@QZ2OD>G83`)PERL#WM,Q-A;^6-`-4H$!.!<6-.(>C@"
M!H/RB[0Y%<JVDEQ-W3=$KZKA\E+ADHL%%:<,51-AF"C:32.*.CT0\#1))(Y:
M<$PDB$0M*E@%)(B`&!-+V(*>2=M\<P^.0R7ROJCGN.Q:Q6GX_@,A>;@@3<SS
M-A"Z%,I[Y&5ZI^+3/3,A=C@IU2I.(PA(;XA.&#>M^`6[_>C0$ATA#4EHU/<Q
MY5V0"CY>GA-RU9HR#R6P%BE*V?&WQI*D07!R&%&:-(T(MJ'=WV48!`G4#+,"
M$-C5UTESY;TOF-?U7=U56/.:],.*G$1A,]C,FD46$F<3F97MZ:6=R5K4):)Z
M3FH3QC!H!"XH:<>PG`$#0;KP&`P&`P&`P&!#U:WTZW&?U;W:_P"7;DW`I^`_
MI*?7'_6)XW_82IG`F-P&!9)+)8[#(Z^RZ7/K/%XI%VAQD$EDLA<D;,PQ]A9T
MAS@[/3T[N!R=`UM+6@3F'J%!Y@"220"&,6@ZWO0><;_MMKCJ.95OZBD/A]HU
MY*Y8L]5+MFU4D9CDSCSV_J:PE<D@Z:+6*0T-KBI<#8-)5!(P-[J$O:%8(`M%
M&CWK?@'I4P&`P&`P&!@UGU^R6Q6MAU9)A*@QNRX-+:_D`D)NB5H629,#A'78
M2,X01A*5:0.1GLQ;UO01^&_#>!&?3-7>I2R0/G[EJ6&\^5W5U*LD<@5G=-P*
M;R*83^^JM@<*61"/M$'I205BQH:5F\\VG;%3\XGR9X*8A$JBVKWS9Q!Z<.&Y
MIZ777-I\T5WSB_1CFV`@Y@X#N[BVOY;%IS(W-'T>ZVFR5!#T$FEK"96+6=5=
M?B9ZK$_/+2<?(U2F4+B=%B&2BVL5ATKU)Z?-O3Z\+UN&`12$/+9*Y!QO):X2
MQB\+!YPN2&/-`UMTW7<FF-96?!(L\-<(GZ!!<S:B1%NR)[8WV-;=&I82ET8F
M.+#2S=Z:'9>MUS8TQD=)SVS*IA?)[\AC"IT(BT?L:7\X=K](=$EUK.7>$T]&
M8T%7^"^W6<@$T21A.!RL!I^.3V8@H0M;"T.WIM]@N=A_[FQL4#BE@;ZRZLNH
M5'47TQ-J@4$PWINFN:8&D?4=[H*D4!%:\;?Z)5?'Q`V$#<\(Y"XF$JPF>S*4
M!LB#^F'?E959>K'7X.<V6Q9GZ;U,\L5B?*@2&Y(3%K0BUL]8V?/V!QW;\2EC
MJ^5.=^'=M2-RET2.19YJ<9JAC"E3$-XPURU^G3VP"9V7=;JFC,DE3Y;GIEVQ
M%H?:?3\GM*<O17&5R7-+;-C\NM(=*Q>*Q=4_1^RR3X^F8V+;,4,D9)@"##3#
ML#)XIZ=W7%,-EI"AT,YLN9QZ%H/I/FV3M5CSN21UEJANM#L3K2_X9,DQY58R
MHV>0640_I5.5-HX40VK#'*.I`)E"LH7MDX;$C?IA6I#:MM*OT+_`94^OG8OI
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M\6WW0#U0"HXB=']\3I0E]HO/&3G7Q;\F(AJHD@`]T-(AR#1>C_9&JDP@>];/
M.V4&:=IT+):)Z:<^YC1U8F@K3>?%4F@L4E2:>)8*\O%44;V%2<H!<4F@M9SQ
M/2;:S-M\-JR*R]:WN34C?6I"D6^Y%G$*"PV_Z6\BNIJKYK$X42TM,%Z2ZD]0
MJ]'N71E7*&&*P.-O%Z+'ZI7:+L4M@$6>I3%KE3OBI6@<5Z>/K5R<`',IO&G5
MF:2A].B/3RL>X)KW/(DB.J%Z+IFV/3*E<4#)3E)R@R(<=6O7TZLIIF!8XLX%
MDB/;X^Y;8TQ8E9"A2I\#1)M&F#T&DKA]-+H]1T3*NEZ_<D3FH+ZKZ(M*/5W`
M[]EG.\H<H'?O-W(M5@E2:SV2O)82PV!&ICSJXDK6PU"H2.4>?#S`K@*M>['!
MCVO38Z]K"%BB%+M]$)M._%_*U0.!RJP'V1$PZ><^=AVCT1.X;`%=V53;8CPS
M*$7(N;X5-G9"J-B,B:$B_;*`L*8"0,4+]*_KV1'VR_R-WA1+G9MN719J,J<7
MW.KEF2)MLGTH)UPTPMTSL-WK&.">Y,BM%T;U:S2)"2U(6`>RD.C/<RBCPVK_
M`+".S&,;S5K`Q4&ZUG9/07IB=&3&RW2T)>W26([XKC_'$3M"N66OD]8+D\F=
MI'KEH:]B=S'="D$0Z;)4D$FD@V:&&O\`3;]Z><.X%L68FT\.84Q;O>Y;VTR@
MZQX[2;V7UC-)Y8R*5N-WQ&G;%+K:U61@$F3(3'QA"F?2G)[:$RO2M0E]Y#2?
M)_IX=-2NA>?+N21"M(J^1JNN1K'C%'2\<MK=FDLFH;N[KWIY77+ZRKX0Y/%;
M0][KF^F93%5"UO4KF=^1)-KVPG20>L#I._.*O4`NUV>WM'%>;*H9[<K?H2*2
M*`4/9"VE'B)2RUW]O4,<BO:\F2BY)9O1+`\L;80JE;8P&PU.M>R@A&6X%@(7
MD!OOC#G;I/B46D3S!8A9FKLE7$=:R<Z&S!X+!6D0I7@VO*6LNQEPEL)`F<4K
M=9U0B)0)##$05S:XDG>W*5^1`:%B]0#@V]KPZ*.O6HQ)YBU37DIWY0D]>K.B
MI[SDA9=+)Q(Y@1))"Z0F"3XVPZPF!$K,0RIB`!N<1%M#>-(8?O8PD!;XAPGT
M;5:FSJ3B$/YQF50WA8G/EB.%]6&^RV06-2J6H.?:/HMV98E7K]'GMWF$[B@:
M2+<JWDBJ7DFL"UW]Z7:./;]Z=`YJG'I?=<6]SW65#2:'\TU\7S'PS+.,86]1
M>=R-[:^B3I=*.;O>)1*&4ZK6<RLZY(C-"&NAK$H'(%1\C=P@]I[%%M6M#JBW
MN%[_`"^R)5V!5[%3TU3QR^.=KEA%/RV4N<02SY-7W)E[\Q30MU?$T(D;=#)[
M%M6XC=HJX#3.1!NFO:4[:/1A:A.&GH]Z7=]FG7U+)052B*27UR=ZG,$)B+2^
M/+K&:IM3N^ZXG9,9@T<=EL';CW&",K&P#U)7LM$A,<7Q2J4%-OL3]!"&<O\`
MZ:]SJ[.IB3,*FKV2,U]#?2=C#JF;79R:UJ87#\ZZ9?;3&PI$D3VC\@&2X&H$
M9V(1?MS23P&A2`+!LP,MY\JCLKD*F:OBP^9^8)_OD#G)OY[KZ0062OZJY>B%
M"N:U<SER!D>3JR3BH>*/$4BZB1RUG4BD6GB5B3;&K3)&X3DI"9W`8#`8#`8#
M`8$/5K?3K<9_5O=K_EVY-P*?@/Z2GUQ_UB>-_P!A*F<"8W`8%N>&=JD+0ZL#
M\VH7EC?&U<SO+0YI25K:ZM3FF-1.+:X(E`#$ZM"N1GC*-*,"(!A8MA%K>M[U
M@0_^D%Z/%0>DNQ=.H(`N1R9ZO^^I/-&Z0B2G`=8S1S4O7ETE4*I<K\RAP-@;
M0ZK3%BK6]!6."\XS6O($O00F1P&`P&!%MUEZFA/+5B7#$0<SVO;47YVJVC+G
MO">0J25NUIXU!+YGEB5Y&4\5CLLDK,\3F;(WBN%B@UL*]U)$AWY]*PG>R(."
MTOGJ>+HI&[.3S;G-97=J5#>L>I&P(M9/0%%02K8@*9TVQWK"IS)+[D,G1P]-
M'Y)#9$E0%(T25P>/NB$)(%(-*`3AH.<9SZR#U9]!2V1<L4%.U<N4\(WWU@IL
M=[DU4GP>B2ZP>KTJ0*UY(-D3B3:QS?<5/&B0)F4M6D?&<7O>C"R]>S&&PF3U
MF:C,YLKV^T[$3*8G:5HQKG:DK(?K%K2IJZO>VVJ%2:0W+*BI)-GEL;ZKJ&MW
M&`/R0QX?"R%+JK;A@:V]64H;C%P:BGGJ]S&8)U$MJ6"J66DFW@_U$;LLV<QR
M2U//)[7ER\<3.N84J%7.SWMWK&V(NUJ)*$]I5DG'L\H(D;<L]L00A7I]AUDF
M]3M(EM,V'NW/EE)ZB8NK6?BF3]#*I16Y30ENV10:-S*-+D]?)WW<O60)PW*4
M2!>Z!)*VW."C6@ISTY:@\@,LYW]1!;?-F43$5O,]G5I`NJ*>L>_N<[6DLIKU
MU;)O54!,K0U(OE$5CSZNDU?2F8,5K-+N@:U19_E;3M^V/+5EJ$A`;)[;O>;4
M0/DI9$GMM8FBR^QJSJRSE3FUHW,HZK7F#6E))4G(&K+,$U*`CB28[2LGP/*`
M4+0=^`]X'#5?>NUSI.8^\2@$&>#6]ZJ7\,=(,4'M"E[1L"S6=?/*[K:)P.9P
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M%D!,HARLZ,F,JA0T2=OV6J+7)B#`F8&^T7J6UI(CQ1N.P><JIN]WS3E+P>-%
M[8RW63Q>\:&0=+QB]D05JL*=)7C+2R>0NC@%3K2HE;$G)![,1P`><.9:[]7H
MDJLXV_K:)O"UHU$.5N/[HLZX]J:;C+V]S'LN))@<_5VT5LUR-N3.EG6A8YA+
M*M*;M)8XPJ'`E0:L+1;\P`W(_P#J<R&)2E#2DEY'LI-U.Y7'6M1(*0;+$K)R
M:%R>Y*@O"WZYLY':QKLWQHVN%"#GR3MCN:-.6ZM;DV'!`A5%[2F*@PA\]7K:
M6+HW*-<BVW*I<Q4]UC<UQPLN>5,S[J9CXBN_=#=",YTD<)-\335\33`DT<9"
MU;-)?TV@&#,0@V8(H/Y(?62@4!CD@<+7HN95-)7%'R_(*5C4\LJH&9OLV'=?
M++425'(I7.S99]Q5,C92*5DBV6IGI6/XC0(0C3F.)QY1`@N$3]6]%;`:[C%!
M\V2N[+9FQ_2[:Z1*(V_3>H%%W/ED^EC)NI*NH<D.A$QBDN9KU8U4;=&?WL*T
M:C2=82WG%JPI`QJN_53FD]EEZV(ST4N>.98YQEPMTU4"Q3-ZR@DV4KNLW&Q"
MEA-IN$XF31#H''6$AD__`,HO5.`$C"DB[@J\R_W]"5L/K3OJ<._35_\`+,.K
M9*P16,NG173W/_0#.QR^OKIB<E>:NY.C_04*=*QN&$*EC.]QDPB=-)QBI,%&
MHTK`J0J"`[)WL82`]D]3Q_CBCG*[9-&'.4-2*50>'B+(<VZ-1MA53R4-L512
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M%1PDY0=U\J]$6#.X;VC+;%`KF6Z'ZXZ>K>&L408FA(_JZ[J<38IB\5;4NU34
MA>I,<G-,(*/5J"=J3S`:--!K[;0<AQ_UIH,ZI[(;!T8Y2.PH,;RR)L@5,WS0
M%X?=`#K*_"><H5'7&;0J;;@D.L:(6"I*W(6=<X>[I4)Q:A,N5E[$((;<8?4Q
MD$GD".F6+D^PEW5Y%O6S5DJH;\(]9DL\80TM7E26K,[%%;QKH&*.</50^^X:
M2UA"06O5/3Z!&<G2EIE:H@/USGW5)DGI=5%VET$RR*86)*8^P)%\)BC#'F&7
M2RS["N#515O6S8RB<6Z*,TC>YH_M+*88:L*;DIY@SSCPD@&9@4R?U,Y9]V\@
MH5QY"L5NZI0VY$J=C%-BLNL5,:F+G(J+?>C'6=(K:+<@L396,1K./*-K%RA$
M%S,>-EMY#<8>8'`_!7JV50@B]C/LTJ>SH.[UI2=YV*ZQ%U.B;B\N]J<SW090
M-V<Z1M0Q/CDTO=B,=D/<4*:%)"@;:_(9FUJ4YNM"/`4%E8O6&I5WZ-(H%1%D
MK?L-\#Y6=7D-OU,XS=IZ!1H]IWEK-HY%(AVJ?4[/.BC8J;,0H=(]O96S=)OB
MGP<\#'*_]66QK6C-%O,!X%N5>]=,TM8_1M*QIZMRC&`YXI&L$-+J'B8S!S.E
M:I%"5S\MN9*D9VLS2I8I.("-1I(2:,U.%.]>LU&=L9M@U_RI>-D5(R5YQ/9D
MQF;8_P!5,#TS,O?"=G(HMC987(YD@6R>8)I!($:1_2@4IDC80;[P%6?K6BQ!
M5R_UC897WL(%85.%UMT6"Z[/I=XJRS;]I2OZ_9%%35G5%P2*8JK_`),_H8*H
MCKC";SB93<G*)$ZJGIVVCVD+*2*U9(?!X]9F'JH6YVC5_,]P6?5L%Y5K[LBY
M9<EDU71DVM:?EDUNN"R9M3LSS+-GSNR(,ZT*_G#;6DTUM=$B;VB-R,]HETJ"
MI;/4LMJ)J.PE]GTE$P1JHNY''F:I92Y7?4M15R1"T='P2S$\DMVQ[(DJ)OBY
MZXQYT:GTG3+EZU5($3>4@U[FM5%AEW&WJ".O9?1T7,AA)L?HJ8\3BMU+"W4F
M+NSVT6[%^K;7H"<'E3>,K75OD<<"=71I+>>C4F-Z]*$M:5K7M_#02V8#`8#`
M8$/5K?3K<9_5O=K_`)=N3<"GX#^DI]<?]8GC?]A*F<"8W`8#`8#`8#`8'&=T
M<*TI>Z[HEPFRN=$J.G:OI.I+(TQ2%(W%D16@YI/YY!S(P$YG6[:7<Y[LAPTO
M.,VH"I("2`("]@V(88%:/IN4Q95RK^A$DYMZN[E56VAN-#-H4\01<./R,B@8
M_P`U.2!EC=B5Y/8<!J?*QC*4)ABEN4N2-Q")4A5I!#&$08_`?2KYHKJ`V'73
M,]7$Y,EG<T6ORE)U\EGY;_(SJRN6U+BN&8+RWY<QC7*)ON7WB]^[NBO:D>DV
MDX3@'&%C--"XO'IC4&>Y.S]#Y7<%72-3/ZKN.-/<`E4?2;KZ[ZNJ]TI`VX8<
MQO\`$)#%2I=:=.N6HW-DS@@<&.2H$Q)BAOTLT8J,"VS7TO*:L&-M,>E5N])N
MZC\#75U#3Z4N=CL+Q*K>KOLI4S.]O-L\7OD'<T3<)%*(TUN<=+C2:/HX^8W$
M(TA`&S0D`@V@;P-1IJ1S1B53H1+MV#$^W503)`B,`.Y(:V1!I:4.P;9M!%`C
MDD)1Z4MN_$T[8C?_`%`?/K00CAY^]-[JJ+V$UN[Y.#:5CU)<C]*<S<^)8QT+
M(KOCU?O=XJJT+B,@H^-2BG8.]5?7E3M];EC;DTH=IK(]!&A;-+=H&H)BL)<K
M-YNAUTL%',]INL@DBJC+'A5M-3FF.0MFI7.(;%9'$]'RU`-$O2KF%]12M<-:
MA+]EH8S`ZT9H(=Z$'#4P]+J-,'/\\JJN)]:UKM[=2_X'N?J8OFYGI@IVHXNV
M2V'3*,M$6D54PYIL%ODT070%G)C$S?C)?)8J%L2^Z&#)TK3K`TY2'I93Z82J
MR+NZCM*SHW<3U?%4W-4+ZPVG`KGL2NEU4T),*$]\E,AEG/L=I-]-ED>LE_+`
MT(H(%O9TXTRM.?\`&XE"O0=+L_IF0NKHI(1T+<UV0FX5%<])P.(V_)I@AF$C
MC:_JB]X]T;9DV6&+(X69()(79[`%4B$H%L(4IYR47B`8#"@ZHZ(YDA_195:N
M+K*9W7%@TS-3[!J:UZP<&!NG$%D;A%WZ$/\`I&5+8W,H<^L,IATG7MKFV.[2
MXMZH@_0]E!4$ISB@TVR^G?2[8FDGQG,KLFCU,^8[(Y5ETMG5B;D\JD<$MB=R
M6QYM(USJM9O`B:K93+5@D@TQ:=H:T?LD:)O3I""2"PNK#Z?7.\=NNJ;^1H)6
M?8=.<QD<I1!0MD.C68<`0DA0-,G>68M`2D<K.9&)4YMB-Z^T,(;'UQ3Z+]FI
M\`!@T9]+OF",5%/Z4(_"4X0ZQ*0Y@HER4+IN8GDC(P\?,9K11,PB<@8VUG7,
M-CQ9P]W=]NA>Q:&[HDYX20!!LL07Z)>GA4K%8<=N26V%=%MW2PW+$+K4VO8\
MFBADFD+O7M,VO1<"AKHUPR#PV$MM=1&&W7(U"9L:&ELV:\N)J]2:>>8:(P*9
M-Z;?.[>.QU`'"QP_A-JWL:I9,(V5H/(3$^X+I4WU=)S;O;"'2)U1S92,+(>/
M9@&]!X$F`4"U[3`M\G].?G&R_B>6M\JLAND3+7?+T)K:R(3-&/;U`A\B/EHO
M-03R%+5$<>6%1+=_A@?T#UM>E<F=[:U@T:E"(@1H#`V-6_$-<U[-X!9RZP+H
MLNRH$S="M&IK9LW1O[E)?]S#Y5CY82EX;F^/LL<9D[8*G61*PMC`B96-F1EF
MED(O$T0\#G!9Z/W-AD6CL-:IY>S`P1:F.3J>9T**405S3Z4\0V&MLKFRTG%+
M)ZW?T+S8D'>GAP3J"E91T9>4*XPMP:%(RTYI(9W%O32JZ"REPM%BM*])!<AE
MBVM<Z*P)O-6!<M_"Q:_-L:Y?=W\U(R0AG:6QH;:_AK6-M:VY(E;6M8ET)*G`
M1X)M!T3(N>WB>T#750S2[[>0SN#M58J5=\5M(TT)L1]GM>HVL*Z8.28QM>X<
M^-\V<$:@;PPO#6Z,+BF6FIU*,TO8?*'*S)Z4=(PMN;S:NMKHBH)^:ENMMG=M
MUE+8!')S:C/T'/`V79K3,&\58K:Z:$ZF:ZVO9SHTPQ]7&CAF_%)R/2A3HX,O
M9/3-H6%/K(.KY==E25DBU09LFH:NK#`S518CCS*PQ6*T\ZS+:QC<[%"I:(M`
MV%M=BFF0M:64(&1(0]%+R@F@.#2COZ+/,2^#/]9M%E='0^"3CG:N^8K-9(K.
MH4C6V16U3@E94""_2QPK5TF;"XM94R6@5E1YQ9&MZ+V$#DC5@]H$P.RT_&-,
M`I_J"C5P)8[P#KV2W?*+C2K9&8F=%*SH)E$PV&DC3NSI6M9'4!K>,6D6BMB.
M2#%YM&"WK7@'.T?]*FD&Y\12:46KT#8\A;6CFN.-R^62:NVM$VQKDV^FCHNF
MF!IB]>5=!H<R(&Z?M6PN0D3<F/=T:L\*HP9^RCR@V)*_3RJ5\L&16_%;`NBJ
M+BD-T2V[`VA7$HC":3LSG8--U51E@P=K1RN$RV*J:XF,,I:.*%+<X-JXXAZ;
M27!(H3J2B1%A9YOPS'8OZ>RCB6E6T4T:XA%6)NK@NX;+ES$]J7N+3]ML9DD#
MC<$*:%4NC<^9Y(WA<6>1D-ZTUN>TZ58>E6`*-(.#ESGKTS+#<W2V[EZ-M2TX
M5?,RO^"W94<\A=P1JR[?J)1`^?R^?50GB=N=(PVI)(78,8=WM,X1LF#;C*=J
M5)M:+.<2A+0AU$?Z87+J^-\ZL#TEGT@6\W]#/G4;),'J8#5S*RKBE\F>)[.G
MFXW8#>21-6:<V0YIY$XM0"$;=MT9VSW<DA,@(3!#*6G@>M8];SK9L:LZ^(S%
M7VYGKHA[H./SQM:J6=[KDC4H02*;."-+&`6*J0/[JJ,>UT;%)-Q%8_BVO.:A
MGB%L07NKN%J4J(KG`F*JYT:#EOF69<G5I\;R%(MVHJZ="J4;THE.RV=+\;RP
M&Z89_8+2_=BR_.I\21>U#[,-6QCTN.:8G5[]4;6OM$45D</XFA#@8KES><[Z
M9N!UL97T:-.M#'"BRERP^)I?C\S90M.0=F:+"F\VMZ"_S'TZ:AD-B2*Y8K/[
MEJ>Z7ZXIA<Q%JUY(8?N1L+G8=.5+1\^A;:T3B!S:#N-=2R(T?&E2AM=FER&0
M]-I2],<0>`O8`_JKTWZ#7P.XZ^<G^XGAMO;DJ'<:6&^R&QUDGF3I6$-5W(XI
M9%N621`[/*BRGARO5^4+W568J+-'M.$M.461H&PP^7>EW3DDMAWNEHMB^8).
MU5XG]#QI5&7FKW-JK^S'ZDFKGVPW*(,<_J>;-0DUE5S'FT"\#H4YF-S@A`J9
MC&PPQ3H\-E\P^G[1_)DC:Y56KQ9[R\M5:S"JREEA334O4K(Y.+_L3I-]6NR]
M2U)G1VD1MCV>Y^"Y0>8:)#LHHSVA@!'##N+`8#`8#`AZM;Z=;C/ZM[M?\NW)
MN!3\!_24^N/^L3QO^PE3.!,;@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,!@,"
M-_U@B7@[TN.]]L<M>(2N3\M7`L&_,1;28O\`B]%$')4[L^Q/*!Q2D(9(U%'-
MZHXL`%1*948-.:2>$LT`162[LBQ>9KQKZA:5N(9-84KV9Q/Q$^5PK@/&5)5>
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M("Y.)$RB#/(BEZ^"N#D\KH8L6`<=&&M1RQ6:WC%L@1YNR]F"#;>`P&`P&`P&
M`P&`P&`P&`P&`P&`P&`P&!#U:WTZW&?U;W:_Y=N3<"GX#^DI]<?]8GC?]A*F
M<"8W`8#`8#`8#`8#`8#`8#`8#`8#`8#`X0?_`%(^38U#I'-G6=K@-C%5'2%Z
M-Z)*PKEKQ-:?Y4E*"&VS84&0I=&ZD$?"_N9(&86AEG/R;8E2$LY*`9P0[*;)
MC%7AE5R)ND3(I9&T*K;JYE.J`:)G&@("I<2'=4!0).V*&PD7F4@.$`1&O^/6
ML#$[2N*"U#2]C7]*7$];6M7UG+[;DCK%THY*I40J$QAPE[TN8436(X;ZH$R-
MAHTQ2?8MJ!>4(/'8M8'(T`]3[E"Q[EIZAV-]FJ&P[U?^B(O7**10-]8FYT?^
M7W`#=:;:K<UI84[:>49[4;9[7RA<RTYOL=[$'0=ANJL>PZ(MVXNI*/ADG5'S
M'CESK]GO1:YMBAHB3`XV/$UTS9D[9*EVRFE[^*VEM/`Z")'L#<K*&0=O1@1:
MT&[)+(H%]R0W*3ND760Q_1@3`,=5;2L89*E=4PQIF]+I8:-N>]/*?QT20'VG
MO.M^`="UO`CNE/<O%J.OX/U&NJ.4205U,?,R&HGPBC6LZQKG'T.DW,JE@D+7
M/FVX]S=8T0TZ7NZ18N2I8Z,@!AQ@!Z!O`[)G)=-0",S>RE%5LTC46$W-:::H
MX/7\?D\VM)K<#D3$!*[(6Y/M7/6]O0O'F4!/-4DDM^C1_"7K?B&6M<1I=+,F
M=6RQBL$]@Q2(A8&!2ULL4*F4:@:%0-F`RLYR1,%[9HBC5EB2:3$[+1EF!V5Y
M=;UL.!\UD/I*PV4B%KXM5DYCT5>##$L36,D2DS+'']B.]F:,AB.2K4+.\,RA
M;Y1;"46<G&=X;\NQ_"')QWJ)UVHN*Q*7A="=<6>XU-:*&FK`G-:4*[R2K8U/
M%,<ATL5-BN9Z=$:42=DCD\;%:TXLH1:<H_?P[V$6M!W6GD<>5O2^-I'YF52)
MJ3D*W1@3NB$YZ;4JK0!)5*]K+/$N1IU(3`[+&86$(]"UX;WXX&K)_P!&TC6!
M4(/F=CQQM*L:W&.B8>8G6?&Q;I;$BTM&W0P9C2%:6VN>B6T\9^U6R2TP2]^U
M$#>PZ$&TRI''CUKPVDOS,<XQTM.=($!3HA,6L12L@2I*:\)0'[/;"U*8&S"Q
M'A!H9>MBUXZUXX%("91`U2UHRY5&S%;VK=$#*E`^-@U+NN9!B+>D360%5LUP
M5M!@-A5%E:&-.+6]&:#O`X;K#U..6[:DVHQ&5]@HS03J$5PM>)+7SY'H\URN
MRK!OVIX`B<71P"`"<B769SB_L2,[01%B<U+82+81.*?Q"0C`8#`8#`8#`8#`
M8#`8#`8#`8$/5K?3K<9_5O=K_EVY-P*?@/Z2GUQ_UB>-_P!A*F<"8W`8#`8#
M`8#`8#`8#`8#`Y^Z0ZLYOY!K\^T>F[IK^E(,4=[JG>IV_I6HQX7^)>M-,9:-
M;-?)6]C]L'84+8F5JQ!WXZ+WK6]X&XRY3&C2P&@D+)L!@`F`W\:H=>(!AT(.
M_#9_CKQUO`_?W2QS_P"0,G_NJ#^_P'W2QS_Y`R?^ZH/[_`?=+'/_`)`R?^ZH
M/[_`QF:N*-\ALM9(_,F5F?WB,/S6R.^G9'K;4[N#4K2-KEK8#_/K:%:<`WX/
MA^U^#`\O4DYBE=_<C\L*JLH1AGDO0^BAV'Z=\@=`NE0,4JICJ3[CJ?@J"-2Q
MTG4IC,E9FXV9U?.XT%S:1+1H7!V,T>$A(XJ%.PW)T[Z=4S32FSD'+];0N`\_
MN9?IH2V5U54AG/Z(B[5?/LPZI)O!C15K9*T%3RV=,#3,H`]&%S(@EIEP(^F0
MG+##"0;*"2WTWJ?-I3GRPH19#6ZQ9KG]UVG-F2LK0?*%4JF&#3(IG1B:QU]0
MC.V4M5[++W%"O>CHFT&NJ5"H>%`CE0CU!R<@.;N^>7[/L7HF&WWSU#X0]/7/
MW-DTG]/EAF<)B".1=3PWJ/G6[HM6!XE+PW*&G5[06"RB-N+T<6%O(2/"C:L\
M&QA\P<AE<&WS')$]3685?'KIC<BL+@>_>D*I26/6!@^G9?'#^S)MU'$D+5(Y
M4T1&2CK&[[_CDD:VN2*6YG?TL:2I"3QB`#6@N##QW.F.<F6/8'%C+<?-<GD7
M;X:GX.U..>5:KET^^S^>-UW.%+!*[$;Z;C.YDIK29J'4$:=W%1`_NW$!`$\L
M]T]D&"51Z;UT:1\I-MM4K7#TW5>5Z+Z>6-DHF=13=%'4G*U!W%!.DDB?XR?G
M'XT*AK])&I$8,@`AO@!A-2Z4@+&(`61MY@L"[8GVQ455.T&LRM.-)*/E_A<4
M=L2**61[CMU]%TSV3=:+3\\/29F;G+G^N"XM6J;05/\`RD\:7)="T<<:1@;\
MEG!TLC3,1:\+8*YI6]U'=OJJVY/^ET,@A`9Y#^>^AJ[[R:Z:G3[*6AX42U]A
MZ9UG]?.08VD&I4MYJ9,=M`4H1#$4%N],)=3X.XJ\/K&AZNH=MBOI05_')V_U
MS9U(3Z.63(W:X(F9&Y8)[I>82M`[MD@219V5LC])1-\JD:01YJM"1I-KQ#N#
MF[C1.Q]+=B7_`&?8-RP=;-NW5-O5+&(/U?/8S4,ZKE!1G/<;:9#,*:@5BIJ]
M?#'67P]X0N"=^;!+%J9"6!26--[#Q")\WAWM2:VLCE+#6$:YTL1Q+]22/RZS
MH4OYMAM=1EPZ*I.]X]2<VCML1F>3CL&^$T@L61QQY=E\H4H?B-ST2-,R$#2$
MA;0W](.3R)$CYZD$"]+R$TBV49>O"TLL&'_=KS4Y3FS"*B+N&/6,XQB&,UAN
M%6/+'5J2=H%">5N#NWRR7IC#RQI=E-J$)P:@<^$>@W*AFRJ8KSJT0+H:!\Q>
MHC7G0G4(+0IU*#N697]1UHP:OFIHE;7.S[%G0KAN.4L<\6J9XB8BH8J90)@F
M>UV#>!M#H+@=_@]IU,Y\D<MP0@V+5MS`R-3>J3\KROEH^2UO:,DF\S4V"AD[
MO7_1?,T\B;B]&OHIK6+R\J)LL/*VXH5:UO)+5!)9ZE[9#G+E)WKFN10YIM&Y
M[IYD@=:[8MLS>YGSPGI*%6&VO_MD&BS1$UT4WO<P5&CWY4J=`N5;WH6S-B"2
M?[I8Y_\`(&3_`-U0?W^`^Z6.?_(&3_W5!_?X#[I8Y_\`(&3_`-U0?W^`^Z6.
M?_(&3_W5!_?X&CZ.ZYYEZ5>K*C%$W?7=F2NFYK**[M6(1N0)3I?`)?#GU7&9
M`URB**=II`U$)WM":00L,3:0K?)YTQQQ>]#V'1>`P&`P&`P&`P&`P&!#U:WT
MZW&?U;W:_P"7;DW`I^`_I*?7'_6)XW_82IG`F-P&`P&`P&`P&`P&`P&`P(/O
M53]`SBSU6EQ-A6>=/JPZ#:6=&QQZZ8%(G!:(#2WC+$C8Y+7<@6JX4^,8-!%Y
M_="6MS%YO@7!UKPP,<*_[9?T1P%%@,XE;S#`E@"89^'/I@'M!A#K0A^35S>`
M?.+7CX:^#6!]/Y9GT1/T(F_\>O3/^LV`_EF?1$_0B;_QZ],_ZS8#^69]$3]"
M)O\`QZ],_P"LV`_EF?1$_0B;_P`>O3/^LV`_EF/1#UO>]<0MNMB%L0MZO/IC
M7F%O_B$+PN;7F&+?V=[^'>`_EF?1$_0B;_QZ],_ZS8#^69]$3]")O_'KTS_K
M-@/Y9GT1/T(F_P#'KTS_`*S8#^69]$3]")O_`!Z],_ZS8#^69]$3]")O_'KT
MS_K-@/Y9GT1/T(F_\>O3/^LV!_-?]LOZ(0=:"'B!L`'7V`@O+I<`=?\`CX!!
M<H0^._[?_'`_6O\`MF?1$UO6]<1-^MZWXZW^'7IG[.O_`/LV!^0_]LOZ((-;
MT#AYJ+UO>MBT5>'2I6A;#X^78M%W('S;#YM^'C]CQW_XX']_EF?1$_0B;_QZ
M],_ZS8#^69]$3]")O_'KTS_K-@/Y9GT1/T(F_P#'KTS_`*S8#^69]$3]")O_
M`!Z],_ZS8#^69]$3]")O_'KTS_K-@/Y9CT0_'6_]D+=XZ\?#?X=.F-[#XZV'
M?EW^&;Q#O8=[UOP_LWO7V-X#^69]$3]")O\`QZ],_P"LV`_EF?1$_0B;_P`>
MO3/^LV`_EF?1$_0B;_QZ],_ZS8#^69]$3]")O_'KTS_K-@8WP#_VWGI^<!]!
MR3J&'HIY/;:W8,RE-2BD,LD#7#*+BC^]+E<?@T-C38]#5RG[F6!26VF.<H7/
MBE=HGV_D(,&+6!Z!,!@,!@,!@,!@,!@,"'JUOIUN,_JWNU_R[<FX%/P'])3Z
MX_ZQ/&_["5,X$QN`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&
M`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&!#U:WTZW&?U;W:_P"7;DW`I^`_I*?7
M'_6)XW_82IG`F-P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P
M&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P(>K6^G6XS^K>[7_+MR;@4_`?TE/KC_
M`*Q/&_["5,X$QN`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`P&`
MP&`P&`P&`P&`P&`P&`P&`P&`P&`P&!#U:WTZW&?U;W:_Y=N3<"GX#^DI]<;?
M]G^XGCC_`/+A*F/_`-\"8W`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8
M#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`8#`A[M?6_GU>,]_V;]-[M?7C_
M`.>KVY,\?_UP/.1ZM/\`MA^<MZM_"-\T;]UWOM._&?X:/G?O]P?A^`VO?<_P
MS_[5_P#_`$A\9>X^R^)/BC[;X@]U]Z_]7[Q@1[?F4_P4_P"H%P'YE/\`!3_J
M!<!^93_!3_J!<!^93_!3_J!<!^93_!3_`*@7`?F4_P`%/^H%P'YE/\%/^H%P
M'YE/\%/^H%P'YE/\%/\`J!<!^93_``4_Z@7`?F4_P4_Z@7`?F4_P4_Z@7`?F
M4_P4_P"H%P'YE/\`!3_J!<!^93_!3_J!<!^93_!3_J!<!^93_!3_`*@7`?F4
M_P`%/^H%P'YE/\%/^H%P'YE/\%/^H%P'YE/\%/\`J!<!^93_``4_Z@7`?F4_
MP4_Z@7`?F4_P4_Z@7`?F4_P4_P"H%P'YE/\`!3_J!<!^93_!3_J!<!^93_!3
M_J!<!^93_!3_`*@7`?F4_P`%/^H%P'YE/\%/^H%P'YE/\%/^H%P'YE/\%/\`
MJ!<!^93_``4_Z@7`?F4_P4_Z@7`?F4_P4_Z@7`?F4_P4_P"H%P'YE/\`!3_J
M!<!^93_!3_J!<!^93_!3_J!<!^93_!3_`*@7`?F4_P`%/^H%P'YE/\%/^H%P
M'YE/\%/^H%P'YE/\%/\`J!<!^93_``4_Z@7`?F4_P4_Z@7`?F4_P4_Z@7`?F
M4_P4_P"H%P'YE/\`!3_J!<!^93_!3_J!<#O#T\_]K?W=]B?<=\T1]&CV%]T_
KX*/GC/NZ^Y#XCC?Q]]VGX=_@_P!OWN_E^ZK[D/\`^\?_`&_Q/_SO/@?_V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
