Highlights:

• At a 0.5 grams of gold per tonne ("g/t Au") cut-off, the Borden Gold Zone is estimated to contain a Pit Constrained Indicated Resource of 3,686,000 ounces of gold averaging 1.02 g/t Au and an additional Pit Constrained Inferred Resource of 625,000 ounces of gold averaging 1.08 g/t Au, representing an overall increase of approximately 26%, at a similar average grade, from the previous Resource Estimate.
  
  
• At a 1.0 g/t Au cut-off, the Borden Gold Zone estimated to contain a distinct, higher-grade zone with a Pit Constrained Indicated Resource of 1,982,000 ounces of gold averaging 1.64 g/t Au and an additional Pit Constrained Inferred Resource of 361,000 ounces of gold averaging 1.77 g/t Au, representing an overall increase in the Resource size of approximately 32%, and an increase in grade of approximately 12%.
  
  
• New Resource Estimate highlights the increasing grade of the Borden Gold Zone (up to 48%) observed at all cut-off levels and has the potential to enhance project`s economic viability.
  
  
• 85% of the total Pit Constrained resource is now in the Indicated category, representing an increase of 18% from the previous Resource Estimate, from 3,112,000 ounces to 3,686,000 ounces of gold, at a 0.5 g/t Au cut-off grade.
  
  
• Significant increase in Global Inventory Sensitivity to the Resource Estimate with an Indicated inventory of 5,190,000 ounces of gold and an additional Inferred Inventory of 1,179,000 ounces of gold at a 0.2 g/t cut-off grade.