----

**PLATINUM      GROUP METALS LTD.**

| **ANNUAL****GENERAL****MEETING** | Notice                of Annual General Meeting of ShareholdersManagement                Information Circular |
|----------------------------------|---------------------------------------------------------------------------------------------------------------|
|                             |                                                                                                          |
| **Place:**                       | 328                – 550 Burrard StreetVancouver,                British ColumbiaV6C                2B5 |
|                             |                                                                                                          |
| **Time:**                        | 2:00                p.m. (Vancouver time)                                                                     |
|                             |                                                                                                          |
| **Date:**                        | Tuesday,                January 8, 2008                                                                       |
|                             |                                                                                                          |

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**PLATINUM      GROUP METALS LTD.**

| **CORPORATE                DATA** | **Head                Office**328                – 550 Burrard StreetVancouver,                British ColumbiaCanada  V6C                2B5 **Directors                and Officers**R.                Michael Jones – President, Chief Executive Officer &                DirectorFrank                R. Hallam – Chief Financial Officer, Corporate Secretary &                DirectorPeter                C. Busse – Chief Operating OfficerBarry                W. Smee – DirectorIain                D.C. McLean – DirectorEric                H. Carlson– Director **Registrar                and Transfer Agent**Computershare                Investor Services Inc.3rd                Floor – 510 Burrard StreetVancouver,                British ColumbiaCanada                V6C 3B9 **Legal                Counsel**Gowling                Lafleur Henderson LLP2300                – 1055 Dunsmuir StreetVancouver,                British ColumbiaCanada                V7X 1J1 |
|-----------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                              |  **Auditor**PricewaterhouseCoopers                LLP250                Howe Street, Suite 700Vancouver,                British ColumbiaCanada                V6C 3S7 **Stock                Exchange Listing**Toronto                Stock Exchange (“TSX”)Symbol  “PTM”American                Stock Exchange (“AMEX”)Symbol                “PLG”                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |

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**PLATINUM      GROUP METALS LTD.**

**NOTICE      OF ANNUAL GENERAL MEETING OF SHAREHOLDERS**

**328 – 550 Burrard Street, Vancouver**
**Tuesday, the 8**
**th**

**      day of January, 2008 at the hour of 2:00 p.m.**

| 1.   | To                receive the Annual Report; |
|----------------|----------------------------------------------|

| 2.   | To                receive the audited consolidated financial statements of the Company                for                the fiscal year ended August 31, 2007 (with comparative statements                relating to the preceding fiscal year) together with the report of                the                auditors thereon; |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.   | To                elect directors; |
|----------------|------------------------------------|

| 4.   | To                appoint the auditors; |
|----------------|-----------------------------------------|

| 5.   | To                consider and, if thought fit, to pass an ordinary resolution approving                amendments to the Articles of the Company;                and |
|----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 6.   | To                transact such further or other business as may properly come before                the                meeting or any adjournment or adjournments                thereof. |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*(signed)      “R. Michael Jones”*

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**PLATINUM      GROUP METALS LTD.**

**MANAGEMENT      INFORMATION CIRCULAR**

**SOLICITATION      OF PROXIES**

**APPOINTMENT      OF PROXYHOLDER**

**A SHAREHOLDER WISHING TO APPOINT SOME OTHER PERSON OR COMPANY (WHO      NEED      NOT BE A SHAREHOLDER) TO REPRESENT THE SHAREHOLDER AT THE MEETING HAS THE RIGHT      TO DO SO, EITHER BY STRIKING OUT THE NAMES OF THOSE PERSONS NAMED IN THE      ACCOMPANYING FORM OF PROXY AND INSERTING THE DESIRED PERSON’S OR COMPANY’S NAME      IN THE BLANK SPACE PROVIDED IN THE FORM OF PROXY. A proxy will not be valid      unless the completed form of proxy is received by Computershare Investor      Services Inc. of 3**
**rd**

** Floor,      550 Burrard Street, Vancouver, British Columbia, Canada, V6C 3B9 not less than      48 hours (excluding Saturdays, Sundays and holidays) before the time for      holding the Meeting or any adjournment thereof. **

**REVOCATION      OF PROXIES**

** **

**INFORMATION      FOR NON-REGISTERED SHAREHOLDERS**

**Only      registered shareholders or duly appointed proxyholders are permitted to vote      at      the Meeting. Most shareholders of the Company are “non-registered” shareholders      because the shares they own are not registered in their names but are instead      registered in the names of a brokerage firm, bank or other intermediary or      in      the name of a clearing agency. Shareholders who do not hold their shares in      their own name (referred to herein as “Beneficial Shareholders”) should note      that only registered shareholders may vote at the Meeting. **
**Therefore, each Beneficial Shareholder should ensure that voting      instructions are communicated to the appropriate person well in advance of      the      Meeting**

**A Beneficial      Shareholder who receives a Broadridge voting instruction form cannot use that      form to vote common shares directly at the Meeting. The voting instruction      form      must be returned to Broadridge (or instructions respecting the voting of common      shares must be communicated to Broadridge) well in advance of the Meeting in      order to have the common shares voted.**

**Broadridge**

**Beneficial      Shareholders who wish to attend the Meeting and indirectly vote their common      shares as proxyholder for the registered shareholder should enter their own      names in the blank space on the proxy provided to them and return the same      to      their broker (or the broker’s agent) in accordance with the instructions      provided by such broker.**

**VOTING      OF PROXIES**

| (a)   | be                voted or withheld from voting in accordance with the instructions                of the                shareholder appointing the proxyholder on any ballot that may be                called                for; and |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | where                a choice with respect to any matter to be acted upon has been specified                in                the form of proxy, be voted in accordance with the specification                made in                such proxy. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**IN FAVOUR**

**VOTING      SHARES AND PRINCIPAL HOLDERS THEREOF**

| Authorized                Capital:     | unlimited                common shares without par value                                                    |
|----------------------------------------|-------------------------------------------------------------------------------------------------------------|
| Issued                and Outstanding: | 61,474,247 common                shares without par value as at November 23,                2007. |

| ***Name***                                          | ***Number                of Shares*** | ***Percentage                of Outstanding Shares*** |
|-----------------------------------------------------|---------------------------------------|-------------------------------------------------------|
| Geologic                Resource Partners LLC(1)(2) | 6,262,800                             | 10.19%                                                |

|   | **NOTES:** |
|--------|------------|

| (1)   | An                institutional Money Manager of Boston,                MA. |
|-----------------|-----------------------------------------------------------------------------|

| **(2)  ** | Also                holds or controls 850,000 share purchase warrants exercisable at                $1.75 per                share until March 6, 2008. |
|---------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------|

**ELECTION      OF DIRECTORS**

*Business Corporations Act *

| Name,                  Position and Province or State, and Country of Residence(1)                                                                     | Principal                  Occupation and Occupation During the Past 5 Years(1)                                                                                                                                                                                                                                                                                                                                          | Previous                  Service as a Director | Number                  of Shares beneficially owned, directly or indirectly, or controlled                  or                  directed(2) |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------|----------------------------------------------------------------------------------------------------------------------------------------------|
| **R.                MICHAEL JONES**President,                Chief Executive Officer and Director**British                Columbia, Canada**           | Chairman,                President, and Chief Executive Officer of the Company and a predecessor                company from 2000 to present.                                                                                                                                                                                                                                                                            | Feb.                18, 2002(3)                 | 1,394,972(4)                                                                                                                                 |
| **FRANK                HALLAM**(10)Chief                Financial Officer, Director and Corporate Secretary**British                Columbia, Canada** | Chartered                Accountant since 1993; Chief Financial Officer of the Company and                the                founder of a predecessor company from 1983 to present.                                                                                                                                                                                                                                      | Feb.                18, 2002(5)                 | 520,014                                                                                                                                      |
| **BARRY                W. SMEE****(6)                (7)**(10)Director**British                Columbia, Canada**                                      | President                of Smee & Associates, a private consulting, geological and                geochemistry company, since 1990.                                                                                                                                                                                                                                                                                 | Feb.                18, 2002(3)                 | 33,100                                                                                                                                       |
| **IAIN                D.C. MCLEAN****(6)                (7)**(10)Director**British                Columbia, Canada**                                   | General                Management Consultant. Former CEO of Municipal Software Corporation                of                Canada, a software development company based in Victoria BC. Former                Vice                President and General Manager of Total Care Technologies, a division                of Ad                Opt Technologies Inc, a medical software development                company. | Feb.                18, 2002(8)                 | 141,839                                                                                                                                      |
| **ERIC                CARLSON(6)                (7)**Director**British                Columbia, Canada**                                               | Chartered                Accountant since 1985; President and Chief Executive Officer of Anthem                Properties Corp., an investment group specializing in the acquisition                and                management of residential and office properties in Canada and the                United                States, since July 1994.                                                                   | Feb.                22, 2005                    | 60,800(9)                                                                                                                                    |

|   | **NOTES:** |
|--------|------------|

| (1)   | The                information as to the municipality of residence and principal occupation,                not being within the knowledge of the Company, has been furnished                by the                respective directors individually. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | The                information as to shares beneficially owned or over which a director                exercises control or direction, not being within the knowledge of                the                Company, has been furnished by the respective directors                individually. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | Served                as a director of one of the Company’s predecessors from February 24, 2000                to February 18, 2002. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------|

| (4)   | Of                these shares 946,000 are held by 599143 B.C. Ltd. (a company 50%                owned by                Mr. Jones and 50% owned by Mr. Jones’                wife). |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (5)   | Served                as a director of one of the Company’s predecessors from March 11, 1983 to                February 18, 2002. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| (6)   | Denotes                member of the Audit Committee. |
|-----------------|-------------------------------------------------------|

| (7)   | Denotes                member of the Compensation                Committee. |
|-----------------|-----------------------------------------------------------------------------|

| (8)   | Served                as a director of one of the Company’s predecessors from October 9, 2000 to                February 18, 2002. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------|

| (9)   | Of                these shares, 33,800 are held by Carmax Enterprises Corporation,                a private                company owned by Mr. Carlson. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------|

| (10**)**   | Denotes                member of Governance and Nominating                Committee |
|----------------------|-------------------------------------------------------------------------------------|

**AUDIT      COMMITTEE**

**STATEMENT      OF EXECUTIVE COMPENSATION**

**Summary      Compensation Table**

|                                                               |                      | *Annual                Compensation* | *Long                Term Compensation* |                               |
|--------------------------------------------------------------------|---------------------------|--------------------------------------|-----------------------------------------|------------------------------------|
|                                                               |                      |                                 |                                    |                               | *Awards* | *Payouts* |   |
| *Name                and**Principal**Position*                     | *Year                (1)* | *Salary**($)*                        | *Bonus**($)*                            | *Other**Annual**Compensation**($)* | *Securities**Under**Options/**SARs**granted**(#)(2)* | *Shares                or**Units                Subject to Resale Restrictions**($)* | *LTIP**Payouts**($)* | *All                Other**Compensation**($)* |
| R.                Michael Jones,President                & CEO | 200720062005              | NilNilNil                            | $50,250$50,000Nil                       | $170,341(3)$145,980$137,794        | 230,000/NilNil/Nil250,000/Nil | NilNilNil | NilNilNil | NilNilNil |
| Frank                R. Hallam,CFO                                 | 200720062005              | $153,450$123,750$114,900             | $40,000$30,000$20,000                   | NilNilNil                          | 220,000/NilNil/Nil226,000/Nil | NilNilNil | NilNilNil | NilNilNil |

|   | **NOTES:** |
|--------|------------|

| (1)   | Fiscal                year ended August 31. |
|-----------------|---------------------------------------------|

| (2)   | Figures                represent options granted during a particular year; see “Aggregate Option”                table for the aggregate number of options outstanding at year                end. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (3)   | These                fees were paid to Mr. Jones from September 1, 2006 to August 31,                2007                pursuant to a consulting services agreement dated August 1, 2006                for                management and administrative services. Prior to such time, Mr. Jones                was                paid for such services pursuant to a management services agreement                dated                April 1, 2005 and February 27, 2001. For further information regarding                the                employment agreements of Messrs. Jones and Hallam, see “Termination of                Employment, Change in Responsibilities and Employment                Contracts”. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Long      Term Incentive Plan Awards**

**Stock      Appreciation Rights**

**Option      Grants During The Most Recently Completed Fiscal Year**

**Aggregated      Option Exercises During the Most Recently Completed Fiscal Year and Fiscal      Year-End Option/SAR Values**

| **Name**                        | **Securities****Acquired                on****Exercise****(#)** | **Aggregate****Value****Realized****($)** | **Unexercised                Options/SARs at****Fiscal                Year-End****(#)(1)****Exercisable/****Unexercisable** | **Value                of****Unexercised****In-the-Money****Options/SARs                at****Fiscal                Year-End****(#)(1)(2)****Exercisable/****Unexercisable** |
|---------------------------------|-----------------------------------------------------------------|-------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| R.                Michael Jones | 120,000                                                         | $276,000                                  | 480,000/0                                                                                                                   | $858,100                                                                                                                                                                     |
| Frank                Hallam     | 42,000                                                          | $87,780                                   | 503,000/0                                                                                                                   | $787,440                                                                                                                                                                     |

|   | **NOTES:** |
|--------|------------|

| (1)   | As                freestanding SARs have not been granted, the number of shares relate                solely to the Company’s options. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------|

| (2)   | Calculated                using the closing price of common shares of the Company on the Toronto                Stock Exchange on August 31, 2007 (being the last day of the Company’s                fiscal year end on which such shares traded) of $3.54 per share,                less the                exercise price of the stock options                granted. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Option      and SAR Repricings**

**Defined      Benefit or Actuarial Plan Disclosure**

**Termination      of Employment, Change in Responsibilities and Employment      Contracts**

**Composition      of the Compensation Committee**

**REPORT      ON EXECUTIVE COMPENSATION**

**Executive      Compensation**

**Base      Salary**

**Annual      Bonus**

**Stock      Options**

**Performance      Graph**

|                                 | **2002** | **2003** | **2004** | **2005** | **2006** | **2007** |
|--------------------------------------|----------|----------|----------|----------|----------|----------|
| PTM                                  | 100      | 65       | 116      | 120      | 187      | 369      |
| S&P/TSX                Composite | 100      | 114      | 127      | 161      | 183      | 207      |

**Compensation      of Directors**

| **Director**                | **No.                of Options Held** | **Directors’                Fees/Committee Participation** | **Consulting                Fees** |
|-----------------------------|----------------------------------------|------------------------------------------------------------------|------------------------------------|
| Barry                Smee   | 300,000                                | $25,000                                                          | $9,380                             |
| Iain                McLean  | 300,000                                | $25,000                                                          | $2,200                             |
| Eric                Carlson | 350,000                                | $25,000                                                          | Nil                                |

***Other      Director Compensation***

**DISCLOSURE      OF CORPORATE GOVERNANCE PRACTICES**

**INDEBTEDNESS      OF DIRECTORS AND EXECUTIVE OFFICERS**

**SECURITIES      AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATIONS PLANS**

**EQUITY      COMPENSATION PLAN INFORMATION**

| **Plan                Category**                                      | **Number                of Securities to be Issued Upon Exercise of Outstanding                Options****(a)** | **Weighted-Average                Exercise Price of Outstanding Options****(b)** | **Number                of Securities Remaining Available for Future Issuance Under Equity                Compensation Plans (Excluding Securities Reflected in Column                (a))****(c)** |
|-----------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------|----------------------------------------------------------------------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Equity                Compensation Plans Approved By Shareholders     | 3,545,375                (1)                                                                                    | $1.56                                                                            | 2,553,500(2)(3)                                                                                                                                                                                     |
| Equity                Compensation Plans Not Approved By Shareholders | N/A                                                                                                             | N/A                                                                              | N/A                                                                                                                                                                                                 |
| Total                                                                 | 3,545,37545                                                                                                     | $1.56                                                                            | 2,553,500(3)                                                                                                                                                                                        |

|   | **NOTES:** |
|--------|------------|

| (1)   | This                represents 5.81% of the Company’s issued and outstanding share                capital. |
|-----------------|------------------------------------------------------------------------------------------------------------------|

| (2)   | This                represents 4.19% of the Company’s issued and outstanding share                capital. |
|-----------------|------------------------------------------------------------------------------------------------------------------|

| (3)   | 1,060,125                as at September 1, 2006. |
|-----------------|---------------------------------------------------|

| (a)   | the                number of optioned common shares granted to insiders during any                12 month period may not exceed 10% of the issued shares of the                Company; |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | the                number of optioned common shares reserved for issuance under stock                options                granted to Insiders may not exceed 10% of the issued shares of the                Company: |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | the                number of optioned common shares granted to any one individual during                any                12 month period may not exceed 5% of the issued shares of the                Company; |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | the                number of optioned shares granted to any one consultant during any                12                month period may not exceed 2% of the issued shares of the                Company; |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (e)   | the                number of optioned common shares granted to all persons employed                to                provide investor relations activities (as a group) may not exceed                2% of                the issued shares of the Company during any 12 month                period; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (f)   |  the                exercise price for options granted under the Plan may not be less                than the                closing price of the Company’s common shares on the TSX on the trading day                immediately preceding the day on which the option is granted (provided                that if there are no trades on such day then the last closing price                within                the preceding ten trading days will be used, and it there are no                trades                within such ten-day period, then the simple average of the bid and                ask                prices on the trading day immediately preceding the day of grant                will be                used); |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (g)   | options                may be exercisable for a period of up to                10 years; |
|-----------------|-----------------------------------------------------------------------------------------------|

| (h)   | the                options are non-assignable and non-transferable.  The options                can only be exercised by the optionee as long as the optionee remains                an                eligible optionee pursuant to the Plan.  Options granted to any                optionee who is a Director, Employee, Consultant or Management Company                Employee must expire within ninety (90) days after the optionee ceases                to                be in at least one of these                categories; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | in                the event of death of the optionee, the outstanding options shall                remain                in full force and effect and exercisable by the heirs or administrators                of                the deceased optionee in accordance with the terms of the agreement                for                one (1) year from the date of death or the balance of the option                period,                which ever is earlier; and |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (j)   | options                granted to consultants engaged to perform investor relations activities                must be subject to a vesting requirement, whereby such options will                vest                over a period of not less than 12 months, with a maximum of 25% vesting                in                any three month period. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**CORPORATE      CEASE TRADE ORDERS OR BANKRUPTCIES**

| (a)   | was                the subject of a cease trade order or similar order or an order that                denied the relevant company access to any exemption under securities                legislation, for a period of more than 30 consecutive                days; |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | was                subject to an event that resulted, after the director or executive                officer                ceased to be a director or executive officer, in the company being                the                subject of a cease trade order or similar order or an order that                denied                the relevant company access to any exemption under securities legislation,                for a period of more than 30 consecutive days;                or |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | within                a year of that person ceasing to act in that capacity, became bankrupt,                made a proposal under any legislation relating to bankruptcy or insolvency                or was subject to or instituted any proceedings, arrangement or compromise                with creditors, or had a receiver, receiver manager or trustee appointed                to hold its assets. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**PERSONAL      BANKRUPTCIES**

**INTEREST      OF INFORMED PERSONS IN MATERIAL TRANSACTIONS**

**APPOINTMENT      OF AUDITORS**

**MANAGEMENT      AND CONSULTING CONTRACTS**

**INTEREST      OF CERTAIN PERSONS IN MATTERS TO BE ACTED UPON**

**PARTICULARS      OF MATTERS TO BE ACTED UPON**

**Amendment      to the Company’s Articles**

*Securities Transfer Act*

*Business Corporations Act*
*Business Corporations Act*

*Business Corporations      Act*

| 1. | Recognition                of a “protected purchaser” under the STA, meaning a purchaser of a                certificated or uncertificated security, or of an interest in the                security, who: (a) gives value; (b) does not have notice of any adverse                claim to the security, and (c) obtains control of the                security. |
|----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | If                the shares of which a shareholder is the registered owner are not                uncertificated shares, such shareholders will be entitled either                to (a)                one share certificate representing the shares of each class or series                of                shares registered in the shareholder’s name; or (b) a non-transferable                written acknowledgment of the shareholder’s right to obtain such a share                certificate. |
|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | Where                a share certificate of a shareholder is lost, destroyed or wrongfully                taken, such shareholder will be required to notify the Company of                such                circumstance within a reasonable period of time and request a replacement                before the Company receives notice that such share certificate has                been                acquired by a person who qualifies as a “protected purchaser” under the                STA. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | Where                a new share certificate is issued to replace a share certificate                which is                lost, destroyed or wrongfully taken, the Company may recover such                new                certificate if a “protected purchaser” presents the original share                certificate for the registration of                transfer |
|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1. | The                Company wishes to amend Section 12.6 to, among other things, clarify                that                the proxy provisions contained in the Articles are applicable only                insofar                as they are not inconsistent with, among other things, the rules                of any                exchange on which the securities of the Company are                listed. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2. | The                Company wishes to amend section 12.9 to clarify that that a proxy                holder                need not be a shareholder so long as the Company is a public                company. |
|----|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3. | The                Company wishes to amend and expand section 24.2 to establish the                circumstances under which a notice sent by fax or email (as opposed                to                ordinary mail) is deemed to be                received. |
|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 4. | The                Company wishes to add a new section 24.6 to provide that until such                time                as a shareholder informs the Company in writing of his or her new                address,                the Company shall not be required to send further notices, statements,                reports or other records to such shareholder, if on two consecutive                occasions a record sent to such shareholder is returned because the                shareholder cannot be located. |
|----|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**Amendment**

**The      Amendment is by way of an ordinary resolution which must be passed by at least      a      simple majority of the votes cast by shareholders entitled to vote who are      represented in person or by proxy at the Meeting who vote in respect of that      resolution.**

**ANY      OTHER MATTERS**

**ADDITIONAL      INFORMATION**

----

**SCHEDULE      “A”**

**CORPORATE      GOVERNANCE PRACTICES**

| ***Corporate                Governance Disclosure Requirement***                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | ***The                Company’s Approach***                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------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| **1.      Board                of Directors –**(a)Disclose                identity of directors who are independent.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |  (a)The                Company’s three independent directors are Messrs. Barry W. Smee, Eric H.                Carlson and Iain D. C. McLean.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (b)Disclose                identity of directors who are not independent and describe the basis                for                that determination.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | (b)The                Company’s two non-independent directors are Messrs. R. Michael Jones                and Frank R. Hallam. These two directors are non-independent insofar                as                they hold senior executive positions with the Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| (c)Disclose                whether or not a majority of directors are independent. If a majority                of                directors are not independent, describe what the board of directors                (the                board) does to facilitate its exercise of independent judgment in                carrying                out its responsibilities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | (c)The                board is composed of three independent and two non-independent                directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| (d)If                a director is presently a director of any other issuer that is a                reporting                issuer (or the equivalent) in a jurisdiction or a foreign jurisdiction,                identify both the director and the other issuer.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | (d)The                following directors are presently also directors of other issuers                as                listed:R.                Michael Jones is also a director of Jerico Explorations Inc. (TSXV),                West                Timmins Mining Inc. (TSX) and MAG Silver Corp. (TSX)Frank                R. Hallam is also a director of Jerico Explorations Inc. (TSXV) and                West                Timmins Mining Inc. (TSX) and a senior officer of MAG Silver Corp.                (TSX)Barry                Smee is also a director of Almaden Minerals Ltd. (TSX).Eric                Carlson is also a director of MAG Silver Corp. (TSX) and West Timmins                Mining Inc. (TSX)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| (e)Disclose                whether or not the independent directors hold regularly scheduled                meetings                at which non-independent directors and members of management are                not in                attendance. If the independent directors hold such meetings, disclose                the                number of meetings held since the beginning of the issuer’s most recently                completed financial year. If the independent directors do not hold                such                meetings, describe what the board does to facilitate open and candid                discussion among its independent directors.                                                                                                                                                                                | (e)The                independent directors of the board do not hold meetings at which                non-independent directors and members of management are not in attendance.                The Company holds regular quarterly meetings and other meetings as                required, at which the opinion of the independent directors is sought                and                duly acted upon for all material matters related to the                Company.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| (f)Disclose                whether or not the chair of the board is an independent director.                If the                board has a chair or lead director who is an independent director,                disclose the identity of the independent chair or lead director,                and                describe his or her role and responsibilities. If the board has neither                a                chair that is independent nor a lead director that is independent,                describe what the board does to provide leadership for its independent                directors.                                                                                                                                                                                                                                                          | (f)The                board does not presently have an independent director as the chair                of the                board, but plans to appoint a lead director. R. Michael Jones, the                Company’s President and CEO, chairs the meetings of the board and actively                seeks out the views of independent directors on all board                matters.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
| (g)Disclose                the attendance record of each director for all board meetings held                since                the beginning of the issuer’s most recently completed financial                year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |  (g)The                Company has held **7** board meetings since September 1,                2006, the beginning of its most recently completed financial year.                The                attendance record for its five directors is: R. Michael Jones                (**7/7**), Frank R. Hallam (**7/7**), Barry W.                Smee (**6/7**), Iain D. C. McLean (**7/7**) and                Eric H. Carlson (**5/7**).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **2.****Board                Mandate**–                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Disclose                the text of the board’s written mandate. If the board does not have a                written mandate, describe how the board delineates its role and                responsibilities.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | The                board assumes responsibility for stewardship of the Company, including                overseeing all of the operationof                the business, supervising management and setting milestones for the                Company. The board reviews the statements of responsibilities for                the                Company including, but not limited to, the code of ethics and expectations                for business conduct.The                board approves all significant decisions that affect the Company                and its                subsidiaries and sets specific milestones towards which management                directs                their efforts. The                strategic planning process is carried out at each board meeting where                there are regularly reviewed specific milestones for the Company.                The                corporate milestones are incorporated into senior management’s bonus                scheme where performance bonuses are matched to the corporate objectives                and milestones. The board reviews the strategic plan at each meeting,                usually at least once quarterly. The                strategic planning process incorporates identifying the main risks                to the                Company’s objectives and ensuring that mitigation plans are in place to                manage and                minimize these risks. In addition to the typical currency, commodity,                mining exploration and development risks, the board has identified                additional risk with respect to timely conversion of exploration                rights                and the granting of final mining authorizations on the Company’s                properties in South Africa. To mitigate these risks the Company is                working                closely with its BEE partner and Anglo Platinum in South Africa,                and is in                frequent dialogue with the representatives of the Department of Minerals                and Energy. This dialogue has been initiated long in advance of the                permissions and authorization expiration dates and in advance of                the dates                required for the Company’s strategic plan. The board is updated regularly                as to the status of these discussions. The                board appoints senior management. As the Company has grown it has                seen                that management has also grown, mitigating risk with respect to succession                planning. At this time two executives are in place with sufficient                experience to assume the CEO role in the case of the loss of the                CEO. The                board as a whole, given its small size, is involved in developing                the                Company’s approach to corporate governance; however, the board recently                established a Governance and Nomination Committee to review and make                recommendations on matters including, but not limited to: corporate                governance in general; size and composition of the board in the short                and                long-term; CEO succession planning; and policies and procedures for                directors to carry out their duties with due diligence and in compliance                with all legal and regulatory requirements. The                board approves all of the Company’s major communications, including annual                and quarterly reports and press releases with specific review of                financial                disclosure by the Audit Committee . The board also approved the hiring of                a communications manager to oversee all of the Company’s communication and                ensure a consistent and well-delivered message of the Company’s                objectives, achievements and results. In accordance with its recently                adopted Timely Disclosure, confidentiality and Insider trading Policy,                three (3) corporate spokespersons have been formally                designated.  The communication policy of the Company is to                circulate all press releases to technical staff and all responsible                people                involved in press release material. This policy ensures that shareholders                receive information not only from the senior management point of                view but                from the viewpoint of the project staff. Shareholder feedback, when                significant, is also communicated directly back to the board. The                board and the Audit Committee examine the effectiveness of the Company’s                internal control processes and information systems. The board, and                the                Audit Committee, consults with the auditor with respect to these                systems.                The Company also initiated a process in 2005 to work towards compliance                with the new Sarbanes-Oxley regulations in the United States well                in                advance of the deadline for corporations of the Company’s size. This                process involved the work of a full time senior accounting advisor                in                consultation with the Company’s auditors and was completed in November 16,                2007. In general, transactions over a CDN$50,000 limit or involving                mineral properties require the board’s approval. Project budgets are                brought before the board on a regular basis. The board’s direction with                respect to these budgets are communicated back to project                staff. The                number of scheduled board meetings varies with circumstances but                a minimum                of 3 meetings are held annually. In addition, special meetings are                called                as necessary. The Chairman establishes the agenda at each board meeting                and submits a draft to each director for their review and recommendation                for items for inclusion on the agenda and each director has the ability                to                raise subjects that are not on the agenda at any board meeting. Meeting                agendas and other materials to be reviewed and/or discussed for action                by                the board are distributed to directors in time for review prior to                each                meeting.Board                members have full and free access to senior management and employees                of                the Company.  |
| **3.Position                Description –**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| (a)Disclose                whether or not the board has developed written position descriptions                for                the chair and the chair of each board committee. If the board has                not                developed written position descriptions for the chair and/or the                chair of                each board committee, briefly describe how the board delineates the                role                and responsibilities of each such position.                                                                                                                                                                                                                                                                                                                                                                           | (a)The                board does not currently have a separate chair. The chair of each                of the                Audit Committee, Compensation Committee and Governance and Nomination                Committee has a clear written charter from the board to carry out                his                responsibilities. Please refer to the Company's Annual Information                Form                with respect to the fiscal year ended August 31, 2007, which is filed                on                SEDAR (www.sedar.com).                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| (b)Disclose                whether or not the board and CEO have developed a written position                description for the CEO. If the board and CEO have not developed                such a                position description, briefly describe how the board delineates the                role                and responsibilities of the CEO.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | (b)The                board has developed a written position description for the                CEO.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| **4.Orientation                and Continuing Education –**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|  (a)Briefly                describe what measures the board takes to orient new directors                regardingi.The                role of the board, its committees and its directors, andii.The                nature and operation of the issuer’s business.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | (a)The                Company does not have a formal orientation and education program                for new                directors. However, new directors are provided with relevant materials                with respect to the Company as well as being oriented on relevant                corporate issues by the CEO. The recently established Governance                and                Nomination Committee is expected to review, approve and report to                the                board on the orientation process for new directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (b)Briefly                describe what measures, if any, the board takes to provide continuing                education for its directors. If the board does not provide continuing                education, describe how the board ensures that its directors maintain                the                skill and knowledge necessary to meet their obligations as                directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                      | (b)The                board currently does not provide continuing education for its directors.                By using a board composed of experienced professionals with a wide                range                of financial, legal, exploration and mining expertise, the Company                ensures                that the board operates effectively and efficiently.  The                recently established Governance and Nomination Committee is expected                to                review, approve and report to the board on plans for the ongoing                development of existing board members including the provision of                continuing education opportunities for all directors, so that individuals                may maintain or enhance their skills and abilities as directors,                as well                as to ensure their knowledge and understanding of the Company’s business                remains current.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
| **5.Ethical                Business Conduct –**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| (a)Disclose                whether or not the board has adopted a written code for the directors,                officers and employees. If the board has adopted a written                code:i.Disclose                how a person or company may obtain a copy of the code;ii.Describe                how the board monitors compliance with its code, or if the board                does not                monitor compliance, explain whether and how the board satisfies itself                regarding compliance with its code; andiii.Provide                a cross-reference to any material change report filed since the beginning                of the issuer’s most recently completed financial year that pertains to                any conduct of a director or executive officer that constitutes a                departure from the code. | (a)The                board has adopted a written code of ethics and expectations for business                conduct for the directors, officers and employees of the Company.                The code                is stated in the responsibilities section of the Company’s annual report,                a copy of which is filed on SEDAR (www.sedar.com).The                Company’s Governance and                Nomination Committee monitors compliance with the code.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| (b)Describe                any steps the board takes to ensure directors exercise independent                judgment in considering transactions and agreements in respect of                which a                director or executive officer has a material interest.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | (b)Directors                with an interest in a material transaction are required to declare                their                interest and abstain from voting on such transactions.  In                addition, the Company’s Code of Business Conduct and Ethics requires all                directors to obtain the specific permission of the Governance and                Nomination Committee prior to becoming involved in certain activities                that                create or gives the appearance of a conflict of interest. A                thorough discussion of the                documentation related to material transaction is required for review                by                the board, particularly independent directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       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| (c)Describe                any other steps that board takes to encourage and promote a culture                of                ethical business conduct.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | (c)The                board seeks directors who have solid track records in spheres ranging                from                legal and financial to exploration and mining in order to ensure                a culture                of ethical business conduct.  The Board has also adopted a Code                of Business Conduct and Ethics which summarizes the legal, ethical                and                regulatory standards that the Company must follow to promote integrity                and                deter wrongdoing.  It is a reminder to all directors, officers                and employees of the seriousness of the Company’s commitment and                compliance with the Code of Business Conduct and Ethics is mandatory                for                every director, officer and employee of the Company or any of its                subsidiaries.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| **6.Nomination                of Directors -**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
|  (a)Describe                the process by which the board identifies new candidates for board                nomination                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (a)All                of the Company’s directors are involved in the search for new                directors.  A new director should have direct experience in the                mining business and significant public company experience. The nominee                must not have a significant conflicting public company association.                Experienced mining directors are currently difficult to source as                a result                of the high level of activity in the mining sector. The                board recently established a                Governance and Nomination Committee which is responsible for making                recommendations on: (i) the desired qualifications, demographics,                skills                and experience for potential directors; (iii) an interview process                for                potential candidates for board membership, and (iv) a list of future                candidates for board membership after taking into account the competencies                and skills that the board as a whole should possess, the competencies                and                skills that the existing directors possess, the competencies and                skills of                the proposed nominee and the amount of time and resources the proposed                nominee can devote as a member of the board.  In addition, the                Governance and Nomination Committee is also responsible for making                recommendations annually regarding potential nominees for election                as                members of the board.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| (b)Disclose                whether or not the board has a nominating committee composted entirely                of                independent directors. If the board does not have a nominating committee                composed entirely of independent directors, describe what steps the                board                takes to encourage an objective nomination process.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | (b)The                board has a nominating committee with two independent directors and                one                non-independent director                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| (c)If                the board has a nominating committee, describe the responsibilities,                powers and operation of the nominating committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | (c)In                addition to the responsibilities listed above, the Governance and                Nomination Committee is responsible for providing the board with                recommendations relating to corporate governance in general, including,                without limitation:  (a) all matters relating to the stewardship                role of the Board in respect of the management of the Corporation,                (b)                Board size and composition, including the candidate selection process                and                the orientation of new member, and (c) such procedures as may be                necessary                to allow the Board to function independently of management. The Committee                meets at least once per year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| **7.Compensation                --**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| (a)Describe                the process by which the board determines the compensation for the                issuer’s directors and officers.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | (a)The                board reviews the adequacy and form of compensation and compares                it to                other companies of similar size and stage of development. There is                no                minimum share ownership requirement of directors. Directors’ compensation                is in the form of stock options. The Company’s Compensation Committee                reviews and recommends to the Board for approval the general compensation                philosophy and guidelines for all directors and executive officers,                including the CEO.  This includes incentive plan design and                other remuneration.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| (b)Disclose                whether or not the board has a compensation committee composed entirely                of                independent directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | (b)The                board has a Compensation Committee composed entirely of independent                directors.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |
| (c)If                the board has a compensation committee, describe the responsibilities,                powers and operation of the compensation committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | (c)The                Compensation Committee’s primary responsibility is to approve or provide                the board with recommendations relating to compensation of executive                officers, succession plans for executive officers, human resources                policies for executive officers, and administration of the Corporation’s                compensation and benefits plans. The Compensation Committee meets                annually                to review and set the remuneration for the upcoming year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |
| (d)If                a compensation consultant or advisor has, at any time since the beginning                of the issuer’s most recently completed financial year, been retained to                assist in determining compensation for any of the issuer’s directors and                officers, disclose the identity of the consultant or advisor and                briefly                summarize the mandate for which they have been retained. If the consultant                or advisor has been retained to perform any other work for the issuer,                state that fact and briefly describe the nature of the                work.                                                                                                                                                                                               | (d)The                Company has felt no need to retain any compensation consultants or                advisors at any time since the beginning of the Company’s most recently                completed financial year.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| **8.Other                Board Committees –**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| If                the board has standing committees other than the audit and compensation                committees, identify the committees and describe their                function.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | The                Company does not presently have any standing committees other than                the                Audit Committee, the Compensation Committee and the Corporate Governance                and Nomination Committee.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
| **9.      Assessments                –**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |
| Disclose                whether or not the board, its committees and individual directors                are                regularly assessed with respect to their effectiveness and contribution.                If assessments are regularly conducted, describe the process used                for the                assessments. If assessments are not regularly conducted, describe                how the                board satisfies itself that the board, its committees and its individual                directors are performing effectively.                                                                                                                                                                                                                                                                                                          | The                recently established Governance and Nomination Committee, is responsible                for establishing appropriate processes for the regular evaluation                of the                effectiveness of the board and its members and its committees and                their                charters.  It is also responsible for reviewing: (i) the                performance of individual directors, the board as a whole, and committees                of the board; (ii) the performance evaluation of the chair of each                board                committee; (iii) regularly, the performance evaluation of the CEO,                including performance against corporate objectives. The                Governance and Nomination Committee is in the process of establishing                an                appropriate process for the regular evaluation of the board, its                committees and the directors and will conduct regular assessments                in                accordance with its mandate. Previously,                the Audit Committee, as part of their annual review, assessed the                effectiveness of the board and its independence. The Audit Committee                assessed the adequacy of the information provided, the regular nature                of                the communication between the board and management and reviewed whether                management was following the mandated strategic direction as set                out in                the board’s direction and management milestones. In                addition, the board assessed the CEO’s effectiveness in attaining the                Company’s corporate objectives, budgets and milestones. Management                and directors communicate with shareholders on an ongoing basis,                and                shareholders are regularly consulted on the effectiveness of board                members                and senior staff.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |

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**SCHEDULE      “B”**

**ORDINARY      RESOLUTION OF THE SHAREHOLDERS      OF**

**PLATINUM      GROUP METALS LTD.**

**(the      “Company”)**

**RE:AMENDMENTS      AND ADDITIONS TO THE COMPANY’S ARTICLES**

*Securities Transfer Act*

**NOW      THEREFORE BE IT RESOLVED**

**A.           *Securities      Transfer Act* (British Columbia)**

| 1.   | The                Company is hereby authorized to add the following definitions to                Section                1.1 of the Company’s Articles: |
|----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (a)   | “**appropriate                person**” has the meaning assigned in the *Securities Transfer                Act*; |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------|

| (b)   | “**protected                purchaser**”** **has the meaning assigned in the                *Securities Transfer Act*; |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | “**securities                legislation**”** **means statutes concerning the                regulation of securities markets and trading in securities and the                regulations, rules, forms and schedules under those statutes, all                as                amended from time to time, and the blanket rulings and orders, as                amended                from time to time, issued by the securities commissions or similar                regulatory authorities appointed under or pursuant to those statutes;                “**Canadian securities legislation**” means the securities                legislation in any province or territory of Canada and includes the                *Securities Act* (British Columbia); and “**U.S. securities                legislation**” means the securities legislation in the federal                jurisdiction of the United States and in any state of the United                States                and includes the Securities Act of 1933 and the Securities Exchange                Act of                1934; and |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | “**Securities                Transfer Act**” means the *Securities Transfer Act* (British                Columbia) from time to time in force and all amendments thereto and                includes all regulations and amendments thereto made pursuant to                that                Act. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.   | The                Company is hereby authorized to delete Section 2.3 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**“2.3           Shareholder      Entitled to Certificate or Acknowledgment**

| 3.   | The                Company is hereby authorized to delete Section 2.6 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**2.6**
**Replacement      of Lost, Destroyed or Wrongfully Taken Certificate**

| 4.   | The                Company is hereby authorized to add the following section as                Section 2.7 of the Company’s Articles and make appropriate amendments                to section numbers and cross references to section numbers required                as a                result of such addition: |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**“2.7           Recovery      of New Share Certificate**

| 5.   | The                Company is hereby authorized to delete Section 5.1 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**5.1**
**Registering      Transfers**

*Business Corporations Act*

| 6.   | The                Company is hereby authorized to delete Section 5.2 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**5.2**
**Form      of Instrument of Transfer**

| 7.   | The                Company is hereby authorized to delete Section 6.1 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**6.1**
**Legal      Personal Representative Recognized on Death**

| 8.   | The                Company is hereby authorized to delete Section 6.2 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**6.2**
**Rights      of Legal Personal Representative**

*Securities Transfer Act*

**B.           Proxy      Provisions**

| 9.   | The                Company is hereby authorized to delete Section 12.6 of the Company’s                Articles in its entirety and to replace it with the                following: |
|----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**12.6**
**Proxy      Provisions Do Not Apply to All Companies**

| 10.   | The                Company is hereby authorized to amend Section 12.9 by adding the                following                subsection: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------|

**C.           Grammatical      Errors**

| 11.   | The                Company is hereby authorized to amend Section 1.1 by replacing the                word                “the” in the definition of “legal personal representative” with the word                “a”. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 12.   | The                Company is hereby authorized to amend Section 1.1 by deleting the                word                “and” following the definition of “registered                address”. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 13.   | The                Company is hereby authorized to amend Section 2.7 by adding the words                “represented by” immediately following the words “representing the same                number of shares as”. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 14.   | The                Company is hereby authorized to amend the current Section 2.9 by:                (i)                adding the word “required” immediately following the words “(except as”;                (ii) deleting the word “provided”; and (iii) replacing the words                “registered holder of such share” with the word                “shareholder”. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 15.   | The                Company is hereby authorized to amend Section 20.4 by replacing the                word                “thinks” with “think”. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 16.   | The                Company is hereby authorized to amend Section 24.3 by replacing the                words                “acting in that behalf for the Company” with the words “acting in that                capacity on behalf of the Company”. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**D.           Notice      Provisions**

| 17.   | The                Company is hereby authorized to delete Section 24.2 of the Company’s                Articles in its entirety and to replace it with the                following: |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**24.2**
**Deemed      Receipt of Mailing**

| 18.   | The                Company is hereby authorized to add the following section as                Section 24.6 of the Company’s Articles and make appropriate                amendments to section numbers and cross references to section numbers                required as a result of such                addition: |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

**24.6**
**Undelivered      Notices**

**E.           General      Authority**

| 19.   | Any                director or officer of the Company is hereby authorized and directed                for                and in the name of and on behalf of the Company to execute or cause                to be                executed, whether under corporate seal of the Company or otherwise,                and to                deliver or cause to be delivered all such documents, and to do or                cause to                be done all such acts and things, as in the opinion of such director                or                officer may be necessary or desirable in connection with the                foregoing. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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**SCHEDULE      “C”**

**CHANGE      OF AUDITOR REPORTING PACKAGE**

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