Agoracom

totalling 12,114 metres in length and on 15 diamond core holes for the McFaulds 1 deposit

totalling 4,715 metres in length.

At a cut-off grade of 1.5% Cu, Indicated resources at the McFaulds 3 deposit are estimated to

total 802,000 tonnes grading 3.75% Cu and 1.1% Zn. At the McFaulds 1 deposit, Inferred

resources are estimated at 279,000 tonnes grading 2.13% Cu and 0.58% Zn.

A set of cross sections and plan views were interpreted for both deposits to construct threedimensional

wireframe models at a cut-off grade of 1.5% Cu and a minimum true thickness of

two metres. These criteria reflect a potential underground mining scenario. High copper and zinc

grades were capped at 12.0% Cu and 8% Zn at McFaulds 3 and at 5% Cu and 7% Zn at

McFaulds 1 prior to compositing to 1.5 metres. Variogram parameters were interpreted from the

composited assay values. Block model copper and zinc grades within the wireframe models were

estimated by ordinary Kriging for the McFaulds 3 deposit and by inverse distance squared for

the McFaulds 1 deposit. Classification into the Indicated and Inferred categories was guided by

the drill hole density, interpreted variogram ranges, the apparent continuity of the mineralized

zones, and by available density determinations.