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Quartz Mountain Project: technical Presentation
Quartz Mountain ni-43-101 report 2012 2
• TheQuartzMountainPropertyislocatedintheFremont-WinemaNationalForest,BlyRangerDistrictinLakeCountyinsouth-centralOregon,approximately50kmwest-northwestofLakeview,Oregon.
• TheQuartzMountainPropertyis100%ownedbySeabridgeGoldInc.(“Seabridge”),throughitswhollyownedAmericansubsidiarySeabridgeGoldCorporation
• Volcanic-hosted,hot-springgolddepositsonnorthernextensionofprolificBasinandRangeGeologicProvinceofNevada
• Disseminatedfinegoldmineralizationaccompaniespervasivesilicaflooding
• Multiple,moderate-to-highgradegoldzonesupto10ouncespertonover5feetarefoundwithinbroadinterceptsoflowergraderocks
UndilUted inferred Mineral resoUrce
crone Hill & QUartz BUtte tons (000) au (opt) au oz (000)1
total oxide 70,710 0.018 1297
total sulfide 51,036 0.03 1551
total Project 221,746 0.023 4848
• Todate,mineralizationhasbeenidentifiedintwoofseveralrhyolitedomesontheproperty,theCroneHillandQuartzButtedomes
• March21,2012NationalInstrument43-101compliantreportonQuartzMountain(the43-101Report)preparedbyResourceModelingInc.andDiscoveryConsultantsresultedinaninferredresourcebasedon80,000mofdrillingusingUS$1500perounceconceptualpit
QUARTzMOUNTAINPROjeCT:OVeRVIeW
Quartz Mountain ni-43-101 report 2012 3
• LindaThorstad,MSc,PGeo,FeC,President,ChiefexecutiveOfficerandDirector,hasover30yearsofexperienceintheminingsectorrangingfromresourceevaluationthroughminedevelopmentaswellasextensiveexperiencerelatedtosustainabledevelopmentandcommunityengagement.
• BrunoBarde,MSc,PGeo,ChiefOperatingOfficer,has30yearsofinternationalminingexperiencewithafocusondevelopmentofadvancedstageprojects.HehasparticipatedintheacquisitionofandcompletionoffeasibilitystudiesoftheMulatosandMusselwhiteprojectsthatbecamemines.
• MichaelAttaway,Pe,Director,has30yearsofminedevelopment,constructionandoperationsexperienceandhasoverseentheconstructionofsixmajorminesinthewesternUSincludingtheMcLaughlinMineforHomestakeandtheCastleMountainandBreweryCreekMinesforViceroy.
• BrianFlower,BSc,Directorhas35yearsofexperienceinminingandfinanceindustry.FormerVPCorporatedevelopmentofViceroy,hisexperienceincludesexploration,projectevaluation,minedevelopmentandminefinance,andminerals/metalsmarketing.
• WilliamRohtert,Consultant,hasover30yearsofexperienceintheminingsectorpredominantlyfocusedonepithermalgoldsystems.Hewasco-discovereroftheQuartzMountainmineralizationandworkedonthepropertyforseveralyearsinthe1980s.
• jDSMiningandenergy,areafullserviceengineeringfirmretainedtosupportallaspectsofQuartzMountainprojectdevelopment.
• TereseGieselman,CFOandCorporateSecretary,has25yearsexperiencewithpublicly-listedminingcompanies.
ORSATeAM:MINeDeVeLOPeRS
Quartz Mountain ni-43-101 report 2012 4
• TheQuartzMountainPropertyis100%owned,subjecttounderlyingroyalties,bySeabridgeGoldInc.(“Seabridge”).TheAngel’sCampPropertyisa50-50jointventurebetweenSeabridgeandGoldenPredatorCorp(“Predator”).
• OnOctober24,2011,SeabridgeandOrsasignedanoptionagreementinwhichOrsacanearna100%interestinthe244claims(4,823acres)attheQuartzMountainProperty.
• TheBLMhasjurisdictionoverallmineralresourcesonfederallandandtheUnitedStatesForestService(“USFS”)hasmanagementofthesurfaceresourcesonnationalforestlands.
• TocarryouttherecommendedexplorationprogramintheReport(Section26),apermitwillberequiredfromtheUSNF.Abondwillneedtobepostedtocoverthecostofreclamation.TherearenoexistingpermitsontheQuartzMountainPropertyortheAngel’sCampProperty.
Quartz Mountain ProPerty orthoPhoto + ClaiMs MaP
PROPeRTyLOCATIONANDDeSCRIPTION
Quartz Mountain ni-43-101 report 2012 5
• Access:Lakeview-KlamathFallsHighway(USHighway140)
• AccesstotheCroneButtezoneisslightlyfurthernortheastonanundevelopedforestroad.
• TheareaaroundthePropertiescontainsamplewatersourcesandadequateroomforallsitefacilities.
• LocallabourisavailableinLakeview,Oregon(50km)andKlamathFalls,Oregon(100km).
• Thepropertyischaracterizedbyseveraldistinctivehillsabout3kmindiameterwithanaverageelevationofabout1830mabovesealevelandreliefintherangeof60to300m.
INFRASTRUCTUReANDLOCALReSOURCeS
Quartz Mountain ni-43-101 report 2012 6
GeOLOGICALSeTTING:OReGON
Quartz Mountain ni-43-101 report 2012 7
• TheQuartzMountaingoldandmercurydistrictislocatedinaMid-Tertiaryvolcanichighland• Intrudedintothenorthwesttrendingstructuralzoneareanumberofrhyolitedomesandrelatedflows,breccias,andtephradeposits.
ReGIONALGeOLOGy
Quartz Mountain ni-43-101 report 2012 8
PROPeRTyGeOLOGy
Quartz Mountain ni-43-101 report 2012 9
TrpTrp
TriTri
Tht
Tht
Tbp Tbp
Tra
Vitrophyric Rhyolite
Porphyritic Rhyolite
Heteralithic Tu�/Tu� Breccia
Aphanitic Rhyolite
Oxide Resource
High-grade Veins and Fractures
Basaltic Andesite
TrpTrp
TriTri
Tht
Tbp
Tra
QUARTZ MOUNTAIN PROJECT SCHEMATIC CROSS-SECTION QUARTZ BUTTE
EW
Mineralization
• Therhyolitedomecomplexestypicallyhavecontactsthattaperdownwardintocircularintrusivevents.
• Thegenerallywell-orderedvolcanicstratigraphycontainsprimarilyheterolithictuffandvariousbrecciaunits.
• Thebasaltunitsarefinetomedium-grained,high-aluminabasalts–generallyolderthanthedomecomplexes
Quartz Mountain ni-43-101 report 2012 10
Mineralization
• Hydrothermalalterationcharacterizedbyacidleachingandquartzprecipitationingoldzones.
• Goldmineralizationoccurswithsilicificationandquartzveiningin:
▪ Hotspringssintersandventbreccias; ▪ Stockworksandhydrothermalbrecciaswithinvolcanicventsandalongintrusiveandstratigraphiccontactsand;
▪ Strataboundzonesofreplacementmineralizationoccupyingselectlapillituffsandbasalticagglomeratehorizons.
• Thegoldmineralizationisgenerallyconcealedbyoverburdenorbarrenrock
• Displayconspicuoussurfacegeochemicalanomaliesthatarecharacteristicofavolcanic-hostedgoldsystem:arsenic,antimony,mercury,gold,andsilver.
FAULT
LOW-SULPHIDE AU VEIN(MARCASITE, COVELLITE)
INTERMEDIATE-SULPHIDE AU VEIN (ANATASE)
HOT SPRINGS SINTERS
RHYOLITE DOME COMPLEX
TERTIARY ANDESITES & RHYOLITES
CHALCOPYRITE ARGILLIC ALTERATION
EOCENE AGGLOMERATES
MESOZOIC/PALEOZOIC BASEMENT
CHALCOPYRITE K-SILICATE ALTERATION
QUARTZ-KAOLINITE
QUARTZ-BRAVOITE
ACID-LEACHED ZONE
DISSEMINATED AU-AG MINERALIZATION
AU-HEMATITE IN VUGGY QUARTZ
AU-GOETHITE IN VUGGY QUARTZ
PALEOSURFACE
RHYOLITE DOME COMPLEX
L-S AU VEINS
I-S AU VEINS
500m
PALEOSURFACE
SINTER TERRACE
• GoldatQuartzMountainisgenerallyveryfinegrained(<20microns)
• Un-oxidizedasmarcasite,covellite,chalcopyrite,anatase,andbravoite
• Oxidizedparts:goldisretainedwithinquartzveinsasgoethite(FeOOH)andhematite(Fe2O3).
Quartz Mountain ni-43-101 report 2012 11
• Thelow-sulphidationepithermalmodelseemstobestexplainthedistributionofgold,characteristicboilingtexturesintheveinsandmineralogyatQuartzMountain.
• TheexplorationtargetswithintheQuartzMountainDistrictshareanumberofcharacteristicswithbonanzagolddistricts:
▪ Bandedcrustiform-colloformveinswithcalcite,adularia,quartzandnativegold
▪ Structuralcontrolofhigh-gradegoldbearingveins
▪ Favourablemid-MioceneAgeandbimodalvolcanicsetting:rhyolitedomesandco-magmatictuffbreccias
• SleeperDeposit,HogRanch,Goldfields,variousminesinesmeraldaCounty(allinNevada)andtheOatmanDistrictinArizona;IvanhoeDepositintheCarlintrendofnorthernNevada.
• Suggestslargetonnage,low-gradegolddepositsremainthemostviabletargetsontheProperties.
Mineralization
GREENSTONE TURBIDITE
& BIF
INTRUSION-HOSTED
SEDIMENT-HOSTED
PROPHYRY SKARN
HS-IS EPITHERMAL
LS ALKALIC
LS-EPITHERMAL CARLIN
LS-EPITHERMAL CARLIN
AU-VMS
WITWATERSRAND
GREENSTONE ATYPICAL
0
200
400
600
800
1000
1200
1400
0 5 15 20 25 30
DEPOSIT TYPES (USA)
CO
NT
AIN
ED
AU
(M
OZ
)
NUMBER OF DEPOSITS (USA)
Quartz Mountain ni-43-101 report 2012 12
exPLORATIONANDDRILLING:HISTORy
1980 1985 1990 1995 2000 2005 2010
1980-1985 DON TRACY Staked claims in recognition of Hg-Au relationship at the McLaughlin Mine in Napa County California
1985 EXVENCO Acquired option from Tracy and staked 35 claims
1982-1985 ANACONDA Systematic exploration
1985-1987 WAVECREST RESOURCES Consolidated property and aggressive exploration program
1987-1989 WAVECREST RESOURCES/GALACTIC RESOURCES Form Quartz Mountain Gold CorpExtensive drilling and full feasibility study of Crone Butte and Quartz Mountain:100 drill holes (1988) 10,600 m460 drill holes (1987) 52,284 m
1992-1994
PEGASUS Completion of an internal resource evaluation and preliminary feasibility study
1995-1996 NEWMONT 12 RC holes, 2097 m, soil geochemistry and trenching
2004 QUINCY GOLD CORP 18 core holes, 4288 m
2009-2010 GOLDEN PREDATOR 9 core holes (2010), 1800 m9 RC holes (2009), 1279 m
2011-2012ORSA VENTURESRelogging and re-testing historical data from 60,00m of core
Quartz Mountain ni-43-101 report 2012 13
exPLORATIONANDDRILLING:HIGHLIGHTS
HigHligHts
AreA Drill Hole From (Feet)
to (Feet)intervAl
(Feet)Au GrADe
(o.p.t)
Ch QM-440 500 505 5.0 2.77
Ch QM-441 515 520 5.0 1.54
Ch QM-487 208 217 9.0 1.00
cH QM-518 310 315 5.0 9.98
Ch QM-072 147.5 152 4.5 1.83
Ch QM-079 200 205 5.0 1.88
Ch QM-411 230 235 5.0 2.16
Ch QM-448 255 260 5.0 2.25
Ch QM-477 285 290 5.0 1.50
QB QM-388 350 355 5.0 1.04
QB QM-432 275 280 5.0 1.32
QB QM-669 185 190 5.0 1.21
QB QM-700 660 670 10 3.54
QB QM-701 485 490 5.0 3.37
QB QM-705 685 690 5.0 1.49
QB QM-709 350 355 5.0 1.48
QB QM-710 405 410 5.0 1.14
QB QM-451 515 520 5.0 1.10
QB QM-700 590 595 5.0 1.29
QB QM-455 215 220 5.0 1.20
• Approximately80,000mhavebeendrilledtodateontheQuartzMountainProperty,primarilyontheCroneHillandQuartzButtedeposits.
• Todateapproximately10,000mhavebeendrilledontheAngel’sCampProperty,themajorityontheAngel’sCamparea.
• In2004,Quincydrilled18HQcoreholesforatotalof4,288m.• Drillingin2009and2010ontheAngel’sCampPropertywasconductedbyPredator;comprisingin2009,9RCholesfor1,279mandin2010,9diamondholesfor1800m.
Quartz Mountain ni-43-101 report 2012 14
New Assay Results from 2004 DrillingHighlightsInclude:• HoleQM-725:29mat0.92g/tAu(w.avg.)• HoleQM-728:15.2mat0.74g/tAuAND44.2mat1.0g/tAu(w.avg.)
• HoleQM-729:51.8mat1.13g/tAu(w.avg.)• HoleQM-730:45.7mat0.88g/tAu(w.avg.)
Reported intervals must be at least 1.5 meters wide; drill hole intercepts are reported at a 0.2 g/t Au cutoff or a 0.4 g/t Au cutoff. Intervals contain no more than four low-grade to barren samples between mineralized samples containing over 0.2 g/t Au or intervals contain no more than two low-grade to barren samples between mineralized samples containing over 0.4g/t Au
exPLORATIONANDDRILLING:DRILLHOLeMAP
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!!
!!
!!
!!
!!
!!
QB-03
QB-05
QB-06QB-06
QM-726
QM-725QM-728
QM-730QM-732
QB-04
QM-729QB-02
QB-07
V-SECT QM 730V-SECT QM 730
V-SECT QM 729
V-SECT QM 732
PROPOSED DRILL COLLAR
2004 (QUINCY)
1980'S
ROAD (NEW)
ROAD (EXISTING)
OXIDE PIT OUTLINE
SULPHIDE PIT OUTLINE
V-SECTION
N
!!
!(
!(
Quartz Mountain ni-43-101 report 2012 15
exPLORATIONANDDRILLING:ILLUSTRATeDDRILLReSULTS
Quartz Mountain ni-43-101 report 2012 16
Bo
un
dary
Bo
un
dary
Eu
reka
>0.2 g/t Au envelope
>1.0 g/t Au vein envelope
>3.0 g/t Au vein envelope
Porphyritic Rhyolite
Heteralithic Tu�/Tu� BrecciaTht
Basaltic AndesiteTbp
Faults
Sulphide/Oxide Divide
Lechner Pit
Drillholes
Proposed Drillholes
ROCK TYPES
VEINS AND GRADE ENVELOPES
QUARTZ MOUNTAIN PROJECT Sect QM-725
Tht
TriTri
QM
-726
QM
-701
QM
-728
QM
-730
QM
-725Q
M-70
6
QM
-43
3
QM
-28
6 QM
-29
0
QM
-192
QM
-15
1
QM
-34
8
QM
-032
QM
-39
1
QM
-04
9
QM
-707
QM
-700
UPPER B VEIN
UPPER B VEIN
LOWER B VEIN
LOWER B VEIN
QUARTZ BUTTE VEIN
CROSSSeCTIONILLUSTRATION:21,000e
Quartz Mountain ni-43-101 report 2012 17
B Vein
NE
Ele
ph
ant
FLT
NW
10
9 F
LT
NE
34
2 F
LT
NE
Eu
reka
FLT
QM
-032
QM
-33
7
QM
-317
QM
-43
4
QM
-192
QM
-33
8
QM
-109
QM
-707
QM
-53
4
QM
-73
0
QM
-158
QM
-732
QM
-72
8
QM
-712
QB-07
QB
-05
>0.2 g/t Au envelope
>1.0 g/t Au vein envelope
>3.0 g/t Au vein envelope
Basaltic AndesiteTbp
Faults
Sulphide/Oxide Divide
Drillholes
Proposed Drillholes
ROCK TYPES
VEINS AND GRADE ENVELOPES
Heteralithic Tu�/Tu� BrecciaTht
Porphyritic RhyoliteTriTri
QUARTZ MOUNTAIN PROJECT V_sec Litho 20800E
CROSSSeCTIONILLUSTRATION:20,800e
Quartz Mountain ni-43-101 report 2012 18
QM
-124
QM
-584 QM
-227
QM
-597
QM
-233
QM
-094
QM
-561
QM
-617
QM
-005
CH-05
5000 W
5500 W
Wolf Vein
Alice & Wolf Vein
Dave 1 Vein
2500
E
2000
E
QUARTZ MOUNTAIN PROJECT CRONE HILL Section 16,800
Porphyritic RhyoliteTriTri
Heteralithic Tu�/Tu� BrecciaTht
Basaltic AndesiteTbp
ROCK TYPES
TrpTrp Vitrophyric Rhyolite >0.2 g/t Au envelope
>1.0 g/t Au vein envelope
>3.0 g/t Au vein envelope
VEINS AND GRADE ENVELOPES
Faults
Extrapolated zone
Drillholes
Proposed Drillholes
CROSSSeCTIONILLUSTRATION:16,800eCRONeHILL
Quartz Mountain ni-43-101 report 2012 19
MeTALLURGy
• Significantmettestworkcompleted1985to1991insupportof3feasibilitystudies
• Oxidemineralizationrespondswelltocyanidationwith½”to¾”crushsize
• Recoveriesrangefrom74-88%forrhyolite&tuff,mostoftheoxiderocktypes
• Sulphidemineralizationtestsincludedflotation,bacterialheapleaching&agitatedcyanideleach
• Pegasus(1991)projectedarecoveryof70%forbacteriallyoxidized,heapleachedsulphides
• Oxidefollowuptestworkapriorityinthenearterm
Quartz Mountain ni-43-101 report 2012 20
Bottle roll and colUMn recovery
SAmple NAme lithology Au gRADe (opt) mAteRiAl type locAtioN
golD RecoveRy % ReAgeNt coNSumptioN
-10 meSh bottle Roll
¾” cRuSh columN 1½” cRuSh NacN
(lb/toN)cao
(lb/toN)
182785 Rhyolitetuff 0.043 Oxide CroneHillTrench 81.0 82.1 75.7 1.1 6.5
182783 Quartzvein 0.060 Mixed CroneHillTrench 79.3 76.4 74.5 1.1 6.5
QM-197(18’-36’) Basalt 0.068 Oxide CroneHill6”corehole 48.3 39.6 32.7 1.7 14.0
QM-197(18’-36’) Rhyolite 0.034 Oxide CroneHill6”corehole 89.4 91.4 97.0 0.9 6.0
QM-201(50’-70’) Rhyolite 0.035 Mixed50%Ox CroneHill6”corehole 54.2 54.6 56.3 0.7 4.5
QM-201(75’-95’) Rhyolite 0.027 Sulfide CroneHill6”corehole 21.2 13.6 NoData 1.1 4.5
MeTALLURGy
Several lots of metallurgical samples that were collected from the Quartz Mountain deposit were processed by commercial testing labs. These samples were analyzed using both bottle roll and test columns to determine gold recovery using cyanidation techniques. Given the deposit type (bulk tonnage – low grade), particular emphasis was placed on heap leach methods. The bulk of the metallurgical test work employed cyanide extraction bottle roll tests. Ten larger samples were processed as column leach tests utilizing ¾ inch (19 mm) and 1½ inch (38 mm) crushed material. Analyzed by Davy McKee Corporation in 1988-1989 for QMGC.
Quartz Mountain ni-43-101 report 2012 21
Mineral resource estiMates
UndilUted inferred Mineral resoUrce
area/ Material iMPerial Units Metric Units
au cutoff (opt)
tons (000) au (opt) au oz (000)1
au cutoff (g/t)
tonnes (000)
au g/t au oz (000)1
Crone hill oxide 0.006 46,345 0.018 864 0.21 42,044 0.62 834
Crone hill sulfide 0.017 41,336 0.03 1240 0.58 37,300 1.03 1240
total Project n/a 87,655 0.023 2074 n/a 79,530 0.81 2074
area/ Material iMPerial Units Metric Units
au cutoff (opt)
tons (000) au (opt) au oz (000)1
au cutoff (g/t)
tonnes (000)
au g/t au oz (000)1
Quartz Butte oxide 0.006 24,710 0.019 455 0.21 22,104 0.653 463
Quartz Butte sulfide 0.017 9744 0.032 311 0.58 8850 1.10 311
total Project n/a 121,746 0.023 2848 n/a 110,448 0.8 2848
area/ Material iMPerial Units Metric Units
au cutoff (opt)
tons (000) au (opt) au oz (000)1
au cutoff (g/t)
tonnes (000)
au g/t au oz (000)1
total oxide 0.006 70,710 0.018 1297 0.21 64,148 0.63 1297
total sulfide 0.017 51,036 0.03 1551 0.58 46,300 1.04 1551
total Project n/a 221,746 0.023 4848 n/a 190,546 0.8 4848
Quartz Mountain ni-43-101 report 2012 22
QMPBLOCkMODeL
6000 ft
5000 ft
4000 ft
5000 ft
LADNER BLOCK MODEL GOLD RESOURCE2004 NI43-101 Report
CRONE HILLRhyolite Dome Complex
QUARTZ BUTTERhyolite Dome Complex
Central Crone HillHigh-grade Gold Zone
SE Crone Hill Vein
Quartz Butte Vein East Vein
Alice Low-Angle Vein
120
0 ft
Quartz Mountain ni-43-101 report 2012 23
0
700
1400
2100
2800
3500
0.000
0.006
0.012
0.018
0.024
0.030
NU
MB
ER
OF
BLO
CK
S
ME
AN
AU
(O
PT
)
ELEVATION
AUNN AUIDW # BLOCKS
Quartz Butte Gold swath Plot – elevation
crone Hill and QUartz BUtte gloBal Bias cHeck
zone gold grade (oPt) difference silver grade (oPt) difference
idW nn idW nn
Crone hill 0.0156 0.0152 3% 0.0151 0.0152 -1%
Quartz Butte 0.0154 0.0156 -1% 0.0160 0.0156 3%
Nearest-neighbour models were constructed for gold and silver values. To check for possible global biases in the block model, the inverse distance and nearest-neighbour grades were compared for all estimated Inferred blocks at a zero cutoff grade.
Quartz Butte gold grades increase from the surface down to about the 5570 elevation and then gently decline. There is a significant difference between the nearest-neighbour grade shown by the blue line and the inverse distance grade in red at the 5110 elevation. This is due to a relatively high-grade sample that influenced the nearest-neighbour model while the inverse distance model was smoothed by having more available samples.
GLOBALBIASCHeCk
Quartz Mountain ni-43-101 report 2012 24
ReCOMMeNDATIONS
Amulti-phaseconfirmationdrillingprogramisrecommendedtoaddresstheapparentbiasesintheolderRCdrillingdata.Metallurgyandgeotechnicalstudiescouldplayasignificantroleindeterminingtheextentandsizeoftheresource.
• AnewdetailedtopographicmapfromaerialLIDARandaerialphotographyshouldbegenerated.• Availabledrillcorefromrecentdrillprogramsshouldbere-loggedandre-assayed.• Amulti-phaseinfillandconfirmationdrillingprogramisrecommendedtoaddresstheapparentbiasesintheRCdrillingdata.
• MostofthisdrillingshouldbeangledHQcoreholes.• AnextensiveQC/QAprogramshouldanintegralpartofthedrillprogramandshouldinclude:
▪ Theinsertionintothesamplestreamofblanksamplestomonitorpossiblecontaminationduringthesampleprocessingprocedures.
▪ Theinsertionintothesamplestreamofduplicatecoresamples(theotherhalfofthecore)andduplicatepreparationsamples(anothersplitofthecrushedcore)tomeasuretheprecisionofthesamplingandpreparationprocesses.
▪ Thecore,prepandpulpduplicateswillbeusedtoquantifytoprecisionofthesampling,preparationandanalyticalprocedures.
▪ Theinsertionintothesamplestreamofoxideandsulphidestandardreferencematerialstomonitortheaccuracyoftheanalyticalresults.
▪ Monitoringofthelaboratory’sQC/QAblank,duplicateandstandardresultstoaugmenttheresultsoftheinsertedsamples.
• Thedrillprogramshouldalsoincludetheloggingofgeotechnicalinformation,andthecollectionofsamplesforspecificgravitymeasurementsandmetallurgicalstudies.
• Metallicgoldanalysisisrecommendedwhereappropriate.
• APortableInfraredMineralAnalyzer(PIMA)shouldberoutinelyusedduringcoreloggingasanaidtomappingalterationassemblages.
• Baselineenvironmentalstudiesshouldbeinitiated.
Quartz Mountain ni-43-101 report 2012 25
oreGon CheMiCal ProCess Mine – Consolidated aPPliCation and PerMittinG ProCess
See OAR 632-037-005 to -0155 for specifics
Notice of Intent to Submit a Consolidated
Application
Cost Recovery Agreement with
Company/DOGAMI
Notice of Readiness to Collect Baseline Data
Consolidated Application Filed
Notice to Proceed if Application Complete
Public Input Final PermitsConsolidated contested
case (if requested)
Preparation of Draft Permits
OReGONPeRMITTINGLANDSCAPe
Quartz Mountain ni-43-101 report 2012 26
This presentation contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, statements regarding the Company’s plans. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Linda Thorstad, P. Geo., a Qualified Person as defined by National Instrument 43-101 and President and Chief Executive Officer of the Company, has read and approved the technical information in this presentation.
FORWARDLOOkINGSTATeMeNT
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