<SEC-DOCUMENT>0001157523-19-000783.txt : 20190409
<SEC-HEADER>0001157523-19-000783.hdr.sgml : 20190409
<ACCEPTANCE-DATETIME>20190409131401
ACCESSION NUMBER:		0001157523-19-000783
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20190408
FILED AS OF DATE:		20190409
DATE AS OF CHANGE:		20190409

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			New Gold Inc. /FI
		CENTRAL INDEX KEY:			0000800166
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31722
		FILM NUMBER:		19739077

	BUSINESS ADDRESS:	
		STREET 1:		181 BAY STREET, SUITE 3510
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T3
		BUSINESS PHONE:		(416) 324-6000

	MAIL ADDRESS:	
		STREET 1:		181 BAY STREET, SUITE 3510
		CITY:			TORONTO
		STATE:			A6
		ZIP:			M5J 2T3

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DRC RESOURCES CORP                                      /FI
		DATE OF NAME CHANGE:	19860904
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>a51966910.htm
<DESCRIPTION>NEW GOLD INC. 6-K
<TEXT>
<html>
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    <title></title>
<!--Copyright 2019 Business Wire, a Berkshire Hathaway company.-->
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  <body style="font-family: Times New Roman; font-size: 10pt">
    <p style="text-align: center">
      <font style="font-size: 16pt; font-family: Times New Roman"><b>UNITED
      STATES</b></font><b><font style="font-size: 16pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 16pt"></font><font style="font-size: 16pt; font-family: Times New Roman">SECURITIES
      AND EXCHANGE COMMISSION</font></b><br><font style="font-size: 12pt; font-family: Times New Roman"><b>Washington,
      D.C. 20549</b></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p style="text-align: center">
      <font style="font-size: 16pt; font-family: Times New Roman"><b>Form 6-K</b></font>
    </p>
    <p style="text-align: center">
      <br>

    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>REPORT OF
      FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16</b></font><br><font style="font-size: 10pt; font-family: Times New Roman"><b>UNDER
      THE SECURITIES EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">For the
      month of</font> <font style="font-size: 10pt; font-family: Times New Roman">April
      2019.</font><br>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Commission
      File Number</font> 001-31722<br>
    </p>
    <p style="text-align: center">
      <font style="font-size: 16pt"><b>New Gold Inc.</b></font>
    </p>
    <p style="text-align: center">
      Suite 3510 &#8211; 181 Bay Street<br>Toronto, Ontario M5J 2T3<br>Canada<br>(Address
      of principal executive office)
    </p>
    <p style="text-align: center">

    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark whether the registrant files or will file annual reports
      under cover of Form 20-F or Form 40-F: </font><br><font style="font-size: 10pt; font-family: Times New Roman">Form
      20-F </font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Form 40-F </font><font style="font-size: 12pt; font-family: Arial Unicode MS">&#8864;</font><font style="font-size: 10pt; font-family: Times New Roman">
      </font>
    </p>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman">Indicate by
      check mark if the registrant is submitting the Form 6-K in paper as
      permitted by Regulation S-T Rule 101(b)(1): &#9744;</font>
    </p>
    <p style="text-align: left">
      <b>Note:</b> Regulation S-T Rule 101(b)(1) only permits the submission
      in paper of a Form 6-K if submitted solely to provide an attached annual
      report to security holders.
    </p>
    <p style="text-align: left">
      Indicate by check mark if the registrant is submitting the Form 6-K in
      paper as permitted by Regulation S-T Rule 101(b)(7): &#9744;
    </p>
    <p style="text-align: left">
      <b>Note:</b> Regulation S-T Rule 101(b)(7) only permits the submission
      in paper of a Form 6-K if submitted to furnish a report or other
      document that the registrant foreign private issuer must furnish and
      make public under the laws of the jurisdiction in which the registrant
      is incorporated, domiciled or legally organized (the registrant&#8217;s &#8220;home
      country&#8221;), or under the rules of the home country exchange on which the
      registrant&#8217;s securities are traded, as long as the report or other
      document is not a press release, is not required to be and has not been
      distributed to the registrant&#8217;s security holders, and, if discussing a
      material event, has already been the subject of a Form 6-K submission or
      other Commission filing on EDGAR.
    </p>
    <p style="text-align: left">

    </p>
    <div style="margin-bottom: 10pt; margin-right: 0pt; margin-left: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      <b>DOCUMENTS FILED AS PART OF THIS FORM 6-K</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; width: 5%" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; width: 7%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Exhibit</b>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; width: 10%" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; width: 78%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Description</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 5%" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; padding-right: 0.0px; white-space: nowrap; width: 7%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51966910ex99_1.htm">99.1</a>
          </p>
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 10%" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 78%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <a href="a51966910ex99_1.htm">News Release dated April 8, 2019 -
            New Gold Reports First Quarter Production On Track to Meet Annual
            Guidance</a>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left; text-indent: 30.0px">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned, thereunto duly authorized.
    </p>
    <p style="text-align: left">

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 3%" valign="top">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 54%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>NEW GOLD INC.</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 54%" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td style="padding-bottom: 2.0px; padding-left: 0.0px; text-align: left; width: 3%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            By:
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black; width: 54%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <i>/s/ Lisa Damiani</i>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 40%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 54%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Lisa Damiani
          </p>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; width: 40%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date: April 9, 2019
          </p>
        </td>
        <td style="width: 3%">

        </td>
        <td style="width: 3%">

        </td>
        <td style="padding-left: 0.0px; text-align: left; width: 54%" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            General Counsel, Executive Vice President,<br>Government Relations
            and Corporate Secretary
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
    <p style="text-align: left">

    </p>
  </body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51966910ex99_1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2019 Business Wire, a Berkshire Hathaway company.-->
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  </head>
  <body style="font-family: Times New Roman; font-size: 8pt">
    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>New Gold
      Reports First Quarter Production On Track to Meet Annual Guidance</b></font>
    </p>
    <p>
      TORONTO--(BUSINESS WIRE)--April 7, 2019--<b>New Gold Inc. (&#8220;New Gold&#8221; or
      the &#8220;Company&#8221;) (TSX and NYSE American: NGD)</b> reports
      in-line first quarter operating results from the Rainy River and New
      Afton Mines. <i>(All amounts are in US dollars unless otherwise
      indicated.)</i>
    </p>
    <p>
      <b>First Quarter and Recent Operational Highlights</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Total production for the quarter was 123,263 gold equivalent ounces
        (79,398 ounces of gold, 136,513 ounces of silver and 19.5 million
        pounds of copper). Production is on track to meet annual guidance of
        465,000 to 520,000 gold equivalent ounces.
      </li>
      <li style="margin-bottom: 10.0px">
        The Rainy River Mine reported in-line gold equivalent production of
        62,278 ounces (61,557 ounces of gold and 60,383 ounces of silver) for
        the quarter.
      </li>
      <li style="margin-bottom: 10.0px">
        The New Afton Mine delivered another strong quarter with gold
        equivalent production of 60,986 ounces (17,841 ounces of gold and 19.5
        million pounds of copper).
      </li>
      <li style="margin-bottom: 10.0px">
        The Company ended the quarter with available liquidity of
        approximately $418 million, which includes $130 million in cash and
        cash equivalents and $288 million available under the credit facility,
        which secures the implementation of the short-term operational plan.
      </li>
    </ul>
    <p>
      &#8220;We are encouraged by the progress made at Rainy River during the first
      quarter as we re-position the operation for efficient and sustainable
      mining. Concurrently, we continue to prioritize the completion of the
      remaining construction and the optimization of the life of mine plan in
      order to position the operation to deliver free cash flow starting in
      late 2020,&#8221; stated Renaud Adams, CEO. &#8220;The New Afton Mine reported
      another strong quarter of operating results as the team further advanced
      the development of the C-zone. We are particularly encouraged with the
      organic growth potential of the D-zone with the first hole of the
      exploration drilling program intersecting 140 metres of mineralization
      located 360 metres below the C-zone.&#8221;
    </p>
    <p>
      <b>First Quarter Production Highlights</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Gold Eq. Produced<sup>1</sup> (oz)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 2019</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>2019 Guidance</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Rainy River<sup>2</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          62,278
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          250,000 &#8211; 275,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          New Afton<sup>3</sup>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          60,986
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          215,000 &#8211; 245,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Gold Produced (oz)</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 2019</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Rainy River
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          61,557
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          245,000 &#8211; 270,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          New Afton
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          17,841
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          55,000 - 65,000
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Copper Produced (Mlbs)<sup>3</sup></b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 2019</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Total Copper Produced (Mlbs)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          19.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          75 - 85
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <div style="margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Rainy River Mine Operational Highlights</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Rainy River Mine</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q2 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q3 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q4 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 2019</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Tonnes mined per day (ore and waste)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          112,432
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          107,416
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          102,290
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          111,507
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          111,679
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Ore tonnes mined per day
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          36,296
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          36,043
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          30,439
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          32,054
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          15,739
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Operating waste tonnes per day
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          54,321
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          43,570
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          23,333
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          67,406
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          62,955
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Capitalized waste tonnes per day
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          21,816
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          27,802
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          48,518
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          12,047
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          32,986
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Strip ratio (waste:ore)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          2.1
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.98
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          2.36
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          2.48
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          6.10
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Tonnes milled per calendar day
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          17,534
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          16,549
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          16,962
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          20,668
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          19,725
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold grade milled (g/t)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.08
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.24
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.21
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.42
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          1.19
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold recovery (%)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          81%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          87%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          87%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          89%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          90%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Mill availability (%)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          77%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          74%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          76%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          80%
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          89%
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold production (oz)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          39,325
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          55,219
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          55,538
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          77,202
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          61,557
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold eq. production<sup>1</sup> (oz)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          40,016
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          55,984
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          56,275
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          78,074
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          62,278
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td>

        </td>
      </tr>
    </table>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        The Rainy River Mine reported in-line gold equivalent production of
        62,278 ounces (61,557 ounces of gold and 60,383 ounces of silver) for
        the quarter. As previously disclosed, production during the quarter
        included planned lower grades as mining operations continued the
        transition to phase 2 of the mine plan.
      </li>
      <li style="margin-bottom: 10.0px">
        During the quarter, approximately 1.4 million ore tonnes and 8.6
        million waste tonnes (including 2.97 million capitalized waste tonnes)
        were mined at an operating strip ratio of 6.10:1. Mining operations in
        the quarter were primarily focused on waste stripping to expose ore
        for mining in future quarters. Additionally, 0.9 million tonnes of
        out-pit non-acid generating (NAG) material were mined in preparation
        for planned dam raises scheduled to begin during the second quarter.
      </li>
      <li style="margin-bottom: 10.0px">
        Mill throughput for the quarter averaged 19,725 tonnes per calendar
        day, below the annual target of 22,000-24,000 tonnes per day. The
        lower average mill throughput was negatively impacted by the
        significant buildup of ice in the crushed ore stockpile above the
        apron feeders. Average mill throughput returned to target levels at
        the end of the quarter.
      </li>
      <li style="margin-bottom: 10.0px">
        Mill availability for the quarter was a record 89% (95% in March),
        despite the planned downtime to replace the ball mill trunnion and
        complete repairs.
      </li>
      <li style="margin-bottom: 10.0px">
        Gold recovery improved to average 90% for the quarter, a significant
        improvement over the 89% reported in the fourth quarter when
        considering the 16% lower average grade milled. Recoveries are
        expected to continue to improve throughout the year to an average of
        90-92% for the year.
      </li>
      <li style="margin-bottom: 10.0px">
        Mr. Eric Vinet, Vice President of Technical Services will assume the
        position of General Manager of the Rainy River Mine on an interim
        basis, following the resignation of the former General Manager,
        effective April 10th. Mr. Vinet has extensive open pit experience,
        including over 10 years as General Manager and he will hold the
        position until such time as a permanent General Manager is appointed.
        A search is currently underway and the Company anticipates filling the
        position in the near future.
      </li>
      <li style="margin-bottom: 10.0px">
        A strategic exploration drilling program is expected to begin in the
        second quarter that will test near-mine targets in the Intrepid North
        area.
      </li>
    </ul>
    <div style="margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>New Afton Mine Operational Highlights</b>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>New Afton Mine</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q2 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q3 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q4 18</b>
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          <b>Q1 19</b>
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Underground mine tpd
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          16,751
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          13,654
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          17,105
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          17,099
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          15,824
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold grade milled (g/t)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.57
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.50
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.55
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.51
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.50
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold recovery (%)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          84.1
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          85.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          84.7
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.5
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.2
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold production (oz)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          19,998
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          18,637
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          19,916
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          18,778
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          17,841
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Copper grade milled (%)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.94
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.82
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.89
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.82
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          0.80
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Copper recovery (%)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.2
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.8
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.0
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.0
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          83.20
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Copper production (Mlbs)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          22.2
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          20.4
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          21.7
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          20.8
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          19.53
        </td>
      </tr>
      <tr>
        <td style="padding-left: 0.0px; text-align: left; border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" valign="middle">
          Gold equivalent production<sup>1</sup> (oz)
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          73,717
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          68,340
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          70,416
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          67,191
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td style="padding-left: 0.0px; text-align: center; border-bottom-width: 1.0pt; border-bottom-style: solid; padding-right: 0.0px; white-space: nowrap; border-bottom-color: black" valign="bottom">
          60,986
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; font-family: Times New Roman; margin-bottom: 10.0px; width: 100%">
      <tr>
        <td style="padding-left: 0.0px; text-align: left" valign="top">
          <sup>1. </sup>Gold equivalent ounces for New Afton includes silver
          ounces and copper pounds produced converted to a gold equivalent
          based on a ratio of the average spot market prices for the
          commodities for each period. The ratio for Q1 2019 was calculated
          based on average spot market prices of $1,304 per gold ounce, $15.57
          per silver ounce and $2.82 per copper pound, and includes 76,130
          ounces of silver. All copper is produced by the New Afton Mine.
        </td>
      </tr>
      <tr>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <ul>
      <li style="margin-bottom: 10.0px">
        The New Afton mine produced 60,986 gold equivalent ounces for the
        quarter, including 17,841 ounces of gold, and 19.5 million pounds of
        copper, in line with plan.
      </li>
      <li style="margin-bottom: 10.0px">
        The second phase of a planned mill upgrade to address supergene ore
        recovery advanced during the quarter with commissioning scheduled for
        the third quarter.
      </li>
      <li style="margin-bottom: 10.0px">
        Development of the B3 zone is currently underway, which will sustain
        ongoing production during the C-zone development period.
      </li>
      <li style="margin-bottom: 10.0px">
        Efforts during the quarter continued to focus on de-risking the
        execution of C-zone project, primarily focusing on the finalization of
        the tailings disposal plan and advancing permitting efforts with the
        objective of updating the life of mine plan in the latter part of the
        year. During the quarter, exploration-heading development towards the
        C-zone commenced and advanced by approximately 50 metres.
      </li>
      <li style="margin-bottom: 10.0px">
        An underground drilling program is currently underway at the New Afton
        Mine that will test the down plunge extension of the C-zone (the
        D-zone) that could increase the resource inventory and extend mine
        life beyond 2030. The first hole of the 10-hole program has been
        completed, which intersected C-zone style mineralization over an
        approximate 140 metre interval (from 662 metres to 802 metres depth)
        and ended at the planned target of 360 vertical metres below the
        C-zone (assays pending). A second drill hole is underway and the
        program is expected to be completed by the end of the third quarter.
      </li>
    </ul>
    <p>
      <b>Upcoming News and Events</b>
    </p>
    <ul>
      <li style="margin-bottom: 10.0px">
        Annual General Meeting of Shareholders (April 24)
      </li>
      <li style="margin-bottom: 10.0px">
        Q1 Financial Results (before-market April 25)
      </li>
    </ul>
    <p>
      <b>About New Gold Inc.</b>
    </p>
    <p>
      New Gold is a Canadian-focused intermediate gold mining company. The
      Company has a portfolio of two core producing assets in top-rated
      jurisdictions, the Rainy River and New Afton Mines in Canada. The
      Company also operates the Cerro San Pedro Mine in Mexico (which
      transitioned to residual leaching in 016). In addition, New Gold owns
      100% of the Blackwater project located in Canada. New Gold&#8217;s objective
      is to be a leading intermediate gold producer, focused on the
      environment and social responsibility. For further information on the
      Company, please visit <u>www.newgold.com</u>.
    </p>
    <div style="margin-bottom: 10pt; margin-left: 0pt; margin-right: 0pt; text-indent: 0pt; width: 100%">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Cautionary Note Regarding Forward-Looking Statements</b>
    </p>
    <p>
      Certain information contained in this news release, including any
      information relating to New Gold&#8217;s future financial or operating
      performance are &#8220;forward looking&#8221;. All statements in this news release,
      other than statements of historical fact, which address events, results,
      outcomes or developments that New Gold expects to occur are
      &#8220;forward-looking statements&#8221;. Forward-looking statements are statements
      that are not historical facts and are generally, but not always,
      identified by the use of forward-looking terminology such as &#8220;plans&#8221;,
      &#8220;expects&#8221;, &#8220;is expected&#8221;, &#8220;budget&#8221;, &#8220;scheduled&#8221;, &#8220;targeted&#8221;,
      &#8220;estimates&#8221;, &#8220;forecasts&#8221;, &#8220;intends&#8221;, &#8220;anticipates&#8221;, &#8220;projects&#8221;,
      &#8220;potential&#8221;, &#8220;believes&#8221; or variations of such words and phrases or
      statements that certain actions, events or results &#8220;may&#8221;, &#8220;could&#8221;,
      &#8220;would&#8221;, &#8220;should&#8221;, &#8220;might&#8221; or &#8220;will be taken&#8221;, &#8220;occur&#8221; or &#8220;be achieved&#8221;
      or the negative connotation of such terms. Forward-looking statements in
      this news release include, among others, statements with respect to:
      planned development and exploration activities and timing for 2019 and
      future years.
    </p>
    <p>
      All forward-looking statements in this news release are based on the
      opinions and estimates of management as of the date such statements are
      made and are subject to important risk factors and uncertainties, many
      of which are beyond New Gold&#8217;s ability to control or predict. Certain
      material assumptions regarding such forward-looking statements are
      discussed in this news release, New Gold&#8217;s latest annual management&#8217;s
      discussion and analysis (&#8220;MD&amp;A&#8221;), Annual Information Form and Technical
      Reports filed at <u>www.sedar.com</u> and on EDGAR at <u>www.sec.gov</u>.
      In addition to, and subject to, such assumptions discussed in more
      detail elsewhere, the forward-looking statements in this news release
      are also subject to the following assumptions: (1) there being no
      significant disruptions affecting New Gold&#8217;s operations; (2) political
      and legal developments in jurisdictions where New Gold operates, or may
      in the future operate, being consistent with New Gold&#8217;s current
      expectations; (3) the accuracy of New Gold&#8217;s current mineral reserve and
      mineral resource estimates; (4) the exchange rate between the Canadian
      dollar and U.S. dollar, and to a lesser extent, the Mexican Peso, being
      approximately consistent with current levels; (5) prices for diesel,
      natural gas, fuel oil, electricity and other key supplies being
      approximately consistent with current levels; (6) equipment, labour and
      materials costs increasing on a basis consistent with New Gold&#8217;s current
      expectations; (7) arrangements with First Nations and other Aboriginal
      groups in respect of the Rainy River mine and Blackwater project being
      consistent with New Gold&#8217;s current expectations; and (8) all required
      permits, licenses and authorizations being obtained from the relevant
      governments and other relevant stakeholders within the expected
      timelines and the absence of material negative comments during the
      applicable regulatory processes.
    </p>
    <p>
      Forward-looking statements are necessarily based on estimates and
      assumptions that are inherently subject to known and unknown risks,
      uncertainties and other factors that may cause actual results, level of
      activity, performance or achievements to be materially different from
      those expressed or implied by such forward-looking statements. Such
      factors include, without limitation: significant capital requirements
      and the availability and management of capital resources; additional
      funding requirements; price volatility in the spot and forward markets
      for metals and other commodities; fluctuations in the international
      currency markets and in the rates of exchange of the currencies of
      Canada, the United States and, to a lesser extent, Mexico; discrepancies
      between actual and estimated production, between actual and estimated
      mineral reserves and mineral resources and between actual and estimated
      metallurgical recoveries; risks related to early production at the Rainy
      River Mine, including failure of equipment, machinery, the process
      circuit or other processes to perform as designed or intended;
      fluctuation in treatment and refining charges; changes in national and
      local government legislation in Canada, the United States and, to a
      lesser extent, Mexico or any other country in which New Gold currently
      or may in the future carry on business; taxation; controls, regulations
      and political or economic developments in the countries in which New
      Gold does or may carry on business; the speculative nature of mineral
      exploration and development, including the risks of obtaining and
      maintaining the validity and enforceability of the necessary licenses
      and permits and complying with the permitting requirements of each
      jurisdiction in which New Gold operates, the lack of certainty with
      respect to foreign legal systems, which may not be immune from the
      influence of political pressure, corruption or other factors that are
      inconsistent with the rule of law; the uncertainties inherent to current
      and future legal challenges New Gold is or may become a party to;
      diminishing quantities or grades of mineral reserves and mineral
      resources; competition; loss of key employees; rising costs of labour,
      supplies, fuel and equipment; actual results of current exploration or
      reclamation activities; uncertainties inherent to mining economic
      studies; changes in project parameters as plans continue to be refined;
      accidents; labour disputes; defective title to mineral claims or
      property or contests over claims to mineral properties; unexpected
      delays and costs inherent to consulting and accommodating rights of
      Indigenous groups; risks, uncertainties and unanticipated delays
      associated with obtaining and maintaining necessary licenses, permits
      and authorizations and complying with permitting requirements. In
      addition, there are risks and hazards associated with the business of
      mineral exploration, development and mining, including environmental
      events and hazards, industrial accidents, unusual or unexpected
      formations, pressures, cave-ins, flooding and gold bullion losses and
      risks associated with the start of production of a mine, such as Rainy
      River, (and the risk of inadequate insurance or inability to obtain
      insurance to cover these risks) as well as &#8220;Risk Factors&#8221; included in
      New Gold&#8217;s Annual Information Form, MD&amp;A and other disclosure documents
      filed on and available at <u>www.sedar.com</u> and on EDGAR at <u>www.sec.gov</u>.
      Forward-looking statements are not guarantees of future performance, and
      actual results and future events could materially differ from those
      anticipated in such statements. All of the forward-looking statements
      contained in this news release are qualified by these cautionary
      statements. New Gold expressly disclaims any intention or obligation to
      update or revise any forward-looking statements whether as a result of
      new information, events or otherwise, except in accordance with
      applicable securities laws.
    </p>
    <p>
      <b>Technical Information</b>
    </p>
    <p>
      The scientific and technical information contained herein has been
      reviewed and approved by Eric Vinet, Vice President, Technical Services
      of New Gold. Mr. Vinet is a Professional Engineer and member of the
      Ordre des ing&#233;nieurs du Qu&#233;bec. He is a &quot;Qualified Person&quot; for the
      purposes of NI 43-101.
    </p>
    <p>
      CONTACT:<br><b>Anne Day</b><br>Vice President, Investor Relations<br>Direct:
      +1 (416) 324-6003<br>Email: <u>anne.day@newgold.com</u><br><br><b>Julie
      Taylor</b><br>Director, Corporate Communications and Investor Relations<br>Direct:
      +1 (416) 324-6015<br>Toll free: +1 (888) 315-9715<br>Email: <u>info@newgold.com</u>
    </p>
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