Lone Pine Molybdenum Project

1. Lone Pine Molybdenum Project

2. Property Location Map Lone Pine Property

6. Quartz Breccia and Alaskite Zones Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown) Quartz Breccia Zone Alaskite Zone

8. Granby Zone Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown) Quartz Breccia Zone Alaskite Zone Granby Zone Percussion hole M3 0.13% MoS 2 / 51.9m

10. Mineral Hill Zone Quartz Breccia Zone Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown) Alaskite Zone Granby Zone Mineral Hill Zone Percussion hole M14 0.03% MoS 2 / 85.4m

11. Granby Drill Holes Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown) Diamond hole G78-3 0.04% MoS 2 / 40.0m Diamond hole G78-1 0.067% MoS 2 / 356.6m Diamond hole G78-2 0.057% MoS 2 / 348.7m 1.2 km

16. Bard Drilling Quartz Breccia Zone Alaskite Zone Granby Zone BD-07-01 Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown)

17. Alaskite Zone Drill Section

18. Mineral Resource Summary 0.02% Mo Cutoff = 179 Million Tonnes @ 0.07% Mo (GeoSim Services Inc.) MEASURED + INDICATED Cut-off % Mo Tonnes ≥ Cutoff (000's) Mo% In-situ lbs Mo (000's) 0.02 151,536 0.069 232,071 0.03 140,417 0.073 225,193 0.04 110,340 0.083 201,733 0.05 84,869 0.094 176,628 0.06 66,454 0.106 154,890 0.07 54,702 0.114 137,758 0.08 47,583 0.120 125,858 0.09 41,556 0.126 115,132 0.10 34,975 0.131 101,310 INFERRED Cutoff % Mo Tonnes ≥ Cutoff (000's) Mo% In-situ lbs Mo (000's) 0.02 27,827 0.084 51,532 0.03 27,555 0.085 51,636 0.04 25,840 0.088 50,131 0.05 22,839 0.094 47,331 0.06 18,295 0.104 41,947 0.07 15,238 0.111 37,290 0.08 13,092 0.117 33,769 0.09 11,800 0.121 31,477 0.10 10,186 0.125 28,070

19. 0.02% Mo Gradeshell Domain View Looking NE

20. Solid Model of QFP, ALAS and ALAS/AND

21. Alaskite / Mo Grade Shell Looking NW

22. Block Model Grade Distribution

23. Block Model Classification

24. Optimized Pit Shell Extents

26. Bard 2009-10 Exploration Program BD-07-01 BD-07-03 Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics Massive fine grained volcanics Massive grey diorite Tuffs (grey) Pinkish magnetic monzonitic dyke Tuffs (brown) open open NEW AREA OF MOLYBDENUM MINERALIZATION

27. Bard 2009 – Mo in Soils BD-07-01 BD-07-03

28. Bard 2009 – Cu in Soils BD-07-01 BD-07-03

29. Bard 2009 – Ag in Soils BD-07-01 BD-07-03

30. IP Chargeabilty – 50m Depth BD-07-01 BD-07-03

31. IP Resistivity – 50m Depth BD-07-01 BD-07-03

32. Magnetics BD-07-01 BD-07-03

33. BD-09-51, 56, 57 DDH From(m) To (m) Width (m) Mo(%) BD-09-51 15.6 19.6 4.0 0.01 incl. 2.0m 1.3% Zn, 396gmt Ag 55.7 58.0 2.3 0.08 70.3 71.1 0.8 0.12 BD-09-56 20.0 29.3 9.3 0.05 78.4 80.4 2.0 0.10 159.4 170.8 11.4 0.03 BD-09-57 17.3 29.3 12.0 0.03 55.3 59.6 4.3 0.04 67.6 71.6 4.0 0.04 114.5 116.6 2.1 0.16 175.1 179.4 4.3 0.06 225.3 231.5 6.2 0.02 441.0 445.2 4.2 0.04

34. BD-09-52 to 55 DDH From(m) To (m) Width (m) Mo(%) BD-09-52 5.0 9.0 4.0 0.03 45.0 47.0 2.0 0.06 82.8 83.5 0.7 0.13 BD-09-53 3.0 12.6 9.6 0.02 37.6 39.6 2.0 529gmt Ag 71.0 73.4 2.4 0.02 incl. 2.1% Cu, 9.0% Zn, 303gmt Ag BD-09-54 4.7 10.7 6.0 0.02 32.4 40.6 8.2 0.03 70.6 79.6 9.0 0.03 193.4 193.8 0.4 1.6% Cu, 4.0% Pb, 5.0% Zn, 2400gmt Ag BD-09-55 9.0 13.4 4.4 0.06 45.4 46.3 0.9 0.26 64.8 66.2 1.4 0.04 71.7 72.0 0.3 0.15 104.0 105.0 1.0 0.36 121.1 124.9 3.8 0.36 incl. 1.1 1.18 173.8 178.0 4.2 0.06

35. Bard 2010 Drilling Coarse grained Quartz Feldspar Porphyry Fine to medium grained alaskite intrusive or leucogranite Hornfels and altered volcanics open open NEW AREA OF MOLYBDENUM MINERALIZATION

36. BD-10-61,62 DDH From (m) To (m) Width (m) Mo(%) BD-10-61 81.1 83.3 2.2 0.05 and 123.0 130.1 7.1 0.03 and 133.6 178.4 44.8 0.04 incl. 137.0 140.0 3.0 0.05 incl. 147.8 148.7 0.9 0.10 incl. 153.9 172.0 18.1 0.06 incl. 153.9 157.1 3.2 0.10 incl. 165.2 170.0 4.8 0.10 and 232.5 243.8 11.3 0.03 incl. 234.1 238.6 4.5 0.05 and 255.4 313.5 58.1 0.04 incl. 255.4 268.0 12.6 0.07 incl. 265.6 268.0 2.4 0.22 incl. 265.6 266.3 0.7 0.23 incl. 0.7m - 0.7% Cu, 1.0% Pb, 3.4% Zn, 451 gmt Ag incl. 274.5 286.4 11.9 0.06 and 329.4 335.1 5.7 0.03 and 377.8 383.2 5.4 0.05 incl. 379.8 380.2 0.4 0.36