Document:

Exhibit 10.49

 

	
 
    	
 
    	
(BLAKE DAWSON WALDRON)
    
	
 
    	
 
    	
LAWYERS
    

 

Agreement for Transfer 
 of Belahouro Project

 

BHP Minerals International Exploration Inc., BHP Minerals Ghana Inc.,
 BHP Billiton World Exploration Inc., and BHP Holdings (International)
 Inc.

 

Resolute Limited

 

Resolute (West Africa) Limited

 

 

	
Forrest Centre 
   221 St George’s Terrace 
   Perth WA 6000 
   Telephone: (08) 9366 8000 
 Fax: (08) 9366 8111
    	
 
    	
Ref: PGE:SSP:12741942
    

 

 

CONTENTS

 

	
1.
    	
INTERPRETATION
    	
1
    
	
 
    	
 
    	
 
    
	
2.
    	
TRANSFER OF BELAHOURO INTEREST
    	
2
    
	
 
    	
 
    	
 
    
	
3.
    	
ROYALTY
    	
2
    
	
 
    	
 
    	
 
    
	
4.
    	
BHP’S REPRESENTATIONS AND WARRANTIES
    	
3
    
	
 
    	
 
    	
 
    
	
5.
    	
BHP’S CONTRACTS AND INFORMATION AND VEHICLES
    	
4
    
	
 
    	
 
    	
 
    
	
6.
    	
CONSENTS AND COMPLETION
    	
4
    
	
 
    	
 
    	
 
    
	
7.
    	
REDUCTION IN BELAHOURO PROJECT AREA
    	
5
    
	
 
    	
 
    	
 
    
	
8.
    	
CONFIDENTIALITY
    	
5
    
	
 
    	
 
    	
 
    
	
9.
    	
GOVERNING LAW
    	
5
    
	
 
    	
 
    	
 
    
	
10.
    	
ASSIGNMENT
    	
5
    
	
 
    	
 
    	
 
    
	
11.
    	
STAMP DUTY AND PARTY COSTS
    	
5
    
	
 
    	
 
    	
 
    
	
12.
    	
FURTHER ASSURANCES
    	
6
    
	
 
    	
 
    	
 
    
	
13.
    	
GUARANTEE
    	
6
    
	
 
    	
 
    	
 
    
	
14.
    	
NOTICES
    	
6
    
	
 
    	
 
    	
 
    
	
15.
    	
ENTIRE AGREEMENT
    	
7
    
	
 
    	
 
    	
 
    
	
16.
    	
COUNTERPARTS
    	
7
    
	
 
    	
 
    	
 
    
	
17.
    	
ATTORNEYS
    	
7
    
	
 
    	
 
    	
 
    
	
ANNEXURE 1 BELAHOURO PROJECT
    	
10
    
	
 
    	
 
    	
 
    
	
ANNEXURE 2 SCHEDULE OF VEHICLES
    	
11
    

 

 

AGREEMENT FOR TRANSFER OF BELAHOURO INTEREST

 

DATE 8 February 2002

 

PARTIES

 

BHP Minerals International Exploration Inc., BHP Minerals Ghana Inc.,  BHP Holdings (International) Inc., all having an office at Houston, United States of America, and BHP Billiton World Exploration Inc.  (formerly called BHP World Exploration Inc.), having an office at Vancouver, Canada (collectively referred to as “BHP”)

 

Resolute Limited (ABN 27 009 069 014) (“Resolute”)

 

Resolute (West Africa) Limited (“RWAL”)

 

RECITAL

 

A.            This Agreement documents the terms upon which BHP agrees to transfer the Belahouro Interest to RWAL and RWAL agrees to accept the Belahouro Interest.

 

B.            Resolute guarantees RWAL’s obligations under this Agreement 

 

OPERATIVE PROVISIONS

 

1.             INTERPRETATION

 

1.1           Definitions

 

In this Agreement, including the Recitals, unless the context otherwise requires:

 

“Business Day” means a day that is not a Saturday, Sunday or a public holiday.

 

“Belahouro Interest” means all right, title and interest of BHP in and to the Belahouro Project, including all information relating to that project and the benefit of all contracts and agreements relating to that project.

 

“Belahouro Project” means, subject to clause 7, the project described in Annexure 1.

 

“Completion” means completion in relation to the transfer of the Belahouro Interest as set out in clause 6.2.

 

“Effective Date” means, subject to satisfaction of the condition in clause 6.1, the date of this Agreement.

 

“Parties” means BHP, RWAL and Resolute and “Party” means one of the Parties.

 

“Resolute Companies” means Resolute and RWAL, collectively.

 

“Royalty” means the royalty described in clause 3 of this Agreement.

 

“Salmon Project” means the Salmon gold project in Ghana.

 

 

1.2           General

 

In this Agreement, including the Recitals, unless the context otherwise requires:

 

(a)           references to any legislation or any section or provision thereof shall include any modification or re-enactment thereof or any legislative provision substituted therefor and all subordinate legislation and statutory instruments issued thereunder;

 

(b)           words denoting the singular number shall include the plural number and vice versa;

 

(c)           words denoting individuals shall include corporations and vice versa;

 

(d)           words denoting any gender shall include all genders;

 

(e)           headings are for convenience only and shall not affect interpretation;

 

(f)            references to Recitals, Clauses, Schedules and Annexures are references to recitals, clauses, schedules and annexures of or to this Agreement or to the denominated sub-clause, paragraph or sub-paragraph thereof; and

 

(g)           references to any Party to this Agreement, or any other document or arrangement, shall include its successors or permitted assigns.

 

2.             TRANSFER OF BELAHOURO INTEREST

 

2.1           Upon and subject to the terms of this Agreement, and in consideration of the Royalty, BHP agrees to transfer to RWAL the Belahouro Interest with effect from the Effective Date.

 

2.2           The Belahouro Interest is transferred free and clear of interests of third parties, royalties, liens, or other encumbrances arising by, through or under BHP, except those to which the Parties have given their written consent.

 

3.             ROYALTY

 

3.1           RWAL agrees to pay to BHP a royalty calculated by reference to Gross Sales received from the Belahouro Project after the Effective Date.

 

3.2           The royalty to which BHP is  entitled under clause 3.1 is 2.5% of Gross Sales (as defined below).

 

3.3           “Gross Sales” means the total revenues, calculated in respect of Sale Agreements by multiplying the Metal Content by the Reference Price, from the sale of ore, minerals or other products extracted from the area covered by the Belahouro Project.

 

“Metal Content” means the contained metal or other product for each payable metal or other product as determined in accordance with the Sale Agreements and such determination shall be by a method of metal/product content determination generally used by the industry. No discounts, deductions or adjustments to the final determination shall be made.

 

 

“Reference Prices” means market metal index prices averaged over the quotational period as defined in each Sale Agreement for each payable metal contained. In the event a Sale Agreement utilizes a quotational period of less than five Business Days the Reference Price shall be determined over five Business Days beginning on the same day as the Sale Agreement quotational period.

 

“Sale Agreements” means all sales agreements entered into by RWAL or its affiliates and if any sales agreement is not a bona fide arm’s length transaction such sales agreement will for royalty calculation purposes, be deemed adjusted to reasonable arm’s length terms.

 

3.4           All royalty payments to BHP will be paid in cash. Royalties will be paid within 10 Business Days of the end of each calendar quarter in which revenues are received by Resolute.

 

All royalty payments shall be accompanied by a statement giving sufficient details of calculations to enable BHP to verify the correctness of the payments.

 

3.5           Within 90 days after the end of RWAL’s fiscal year, RWAL will deliver to BHP an unaudited statement of royalties paid to BHP during the year and the calculation thereof. All year end statements will be deemed true and correct 3 months after presentation, unless within that period BHP delivers notice to RWAL specifying with particularity the grounds for each exception. BHP will be entitled at its expense to an annual independent audit of the statement by a certified public accountant of recognised standing reasonably acceptable to RWAL within 3 months after presentation of the related year-end statement.

 

4.             BHP’S REPRESENTATIONS AND WARRANTIES

 

BHP hereby represents and warrants to Resolute Companies that (subject to the interests, rights and obligations of Resolute Companies):

 

(a)           BHP is the sole beneficial owner of the Belahouro Interest;

 

(b)           to the best of BHP’s knowledge, information and belief, BHP’s title to the Belahouro Project is in good standing;

 

(c)           to the best of BHP’s knowledge, information and belief, there are no mortgages, pledges, liens, charges or encumbrances against or relating to the Belahouro Interest;

 

(d)           to the best of BHP’s knowledge, information and belief, no person, firm or corporation other than BHP now owns or possesses any rights to explore or prospect for minerals (including gold, silver and precious metals) on or to mine the Belahouro Project; and

 

(e)           BHP has no further interest in the Salmon Project.

 

Resolute Companies agree not to make any claim or demand in respect of an alleged breach by BHP of one or more of the above representations or warranties unless written notice of such claim or demand is given to BHP within 6 months of the Effective Date.

 

 

5.             BHP’S CONTRACTS AND INFORMATION AND VEHICLES

 

5.1           At or prior to Completion, BHP must deliver to RWAL all agreements, contracts, plans, maps, records and documents (if any) and all prospecting, geological, geophysical and technical information which may be in or which may hereafter (but prior to Completion) come into BHP’s possession and relate in any way to the Belahouro Interest.

 

5.2           At or prior to Completion:

 

(a)           BHP shall deliver the vehicles described in Annexure 2 (“Vehicles”) and all documents relating to their ownership and service histories to RWAL for the purpose of their sale or disposal; and

 

(b)           BHP shall deliver to RWAL effective written authority to sell or dispose of the Vehicles in such manner as RWAL sees fit.

 

BHP shall be under no obligation to maintain the Vehicles in good condition or the condition in which they are at the date of this Agreement.

 

5.3           BHP agrees that RWAL shall be entitled to the proceeds of the sale or disposal of the Vehicles.

 

5.4           RWAL agrees that, on and from the time of delivery of the Vehicles, it shall be responsible for all costs and expenses of operating, maintaining and disposing of the Vehicles and further agrees to indemnify BHP from all liabilities, obligations, claims and demands that may arise after delivery of the Vehicles in accordance with clause 5.2(a).

 

6.             CONSENTS AND COMPLETION

 

6.1           This Agreement is conditional on receipt of all necessary governmental approvals and consents. The Parties must use their best continuing endeavours to secure those consents and approvals as soon as possible. To this end, RWAL shall prepare all necessary applications and pay all applicable fees.

 

6.2           Subject to clause 6.3, Completion shall occur as soon as possible after the condition in clause 6.1 is satisfied and the Parties must then do all things and sign all documents necessary to perfect that transfer.

 

6.3           If the condition in clause 6.1 is not satisfied within 6 months from the date of this Agreement, the Agreement will terminate immediately unless the Parties otherwise agree.

 

6.4           If the Agreement terminates in accordance with clause 6.3:

 

(a)           the Parties acknowledge that such termination will not affect their continuing obligations under clause 8; and

 

(b)           that termination will not give rise to any liability on the part of a Party but each Party will remain liable for any antecedent breach.

 

 

7.             REDUCTION IN BELAHOURO PROJECT AREA

 

7.1           To the extent that, prior to transfer of the Belahouro Interest, the area of the Belahouro Project is subject to mandatory reduction, BHP shall comply with all reasonable requests of RWAL (at RWAL’s cost) to facilitate such reduction.

 

7.2           References in this Agreement to the area of the Belahouro Project shall be deemed to be references to the Belahouro Project as reduced in accordance with clause 7.1.

 

8.             CONFIDENTIALITY

 

8.1           No announcement or communication relating to the negotiations of the Parties or the subject matter or terms of this Agreement (other than those required to be made by law or under relevant stock exchange listing requirements, or as are made to professional advisers on a confidential basis) shall be made or authorised by any Party without the prior written consent of the other Party, such consent not to be unreasonably withheld.

 

8.2           In relation to permitted announcements or communications required to be made by law, the announcing or communicating Party must give reasonable prior notice to the other Parties of the contents of the announcement or communication and must in good faith consider the views of the other Parties.

 

9.             GOVERNING LAW

 

This Agreement shall, to the extent necessarily governed by the laws of the jurisdiction in which the Belahouro Project is situated in accordance with applicable principles governing conflict of laws, be governed by the laws of that jurisdiction, but shall otherwise be governed by, construed and take effect in accordance with the laws in force in the State of Western Australia from time to time. The Parties irrevocably submit to the non-exclusive jurisdiction of the courts of the State of Western Australia and courts entitled to hear appeals therefrom.

 

10.           ASSIGNMENT

 

10.1         RWAL may not assign or otherwise dispose of all or any part of its interest in the Belahouro Project unless it has first procured that the assignee or disposee has agreed in an enforceable manner reasonably acceptable to BHP to comply with and be bound by RWAL’s obligations under this Agreement to the extent of the assignment or disposition.

 

10.2         If RWAL assigns or disposes of its interest in the Belahouro Project in accordance with clause 10.1:

 

(a)           RWAL will not be released from its obligations under this Agreement unless BHP agrees to such release, which agreement will not be unreasonably withheld; and

 

(b)           Resolute will not be released from its obligations under this Agreement unless BHP agrees to such release, which agreement will not be unreasonably withheld.

 

11.           STAMP DUTY AND PARTY COSTS

 

11.1         RWAL shall pay and will indemnify BHP in respect of any stamp duty (including fines and penalties) payable on this Agreement and in respect of all statutory costs relating to

 

 

the transfer of the Belahouro Interests to RWAL (other than taxation costs incurred by BHP).

 

11.2         Each Party will pay its own costs (including legal costs) of and incidental to the preparation and execution of this Agreement, and all documents it contemplates.

 

12.           FURTHER ASSURANCES

 

12.1         Each Party shall, as a continuing obligation, expeditiously sign all such documents and do all such things as shall be necessary to give full effect to this Agreement and the transfers and transactions contemplated by it.

 

12.2         BHP must do all things necessary to secure the assignment or novation of contracts and agreements relating to the Belahouro Project to RWAL. To the extent that a particular contract has not been assigned or novated by the Effective Date, BHP will thereafter hold the benefit of that contract or agreement for and on behalf of RWAL until assignment or novation is possible.

 

13.           GUARANTEE

 

13.1         Resolute guarantees to BHP the due and punctual performance, compliance and discharge by RWAL of each of RWAL’s obligations under this Agreement including without limitation the obligation to pay the Royalty.

 

13.2         The guarantee is absolute and unconditional and the obligations of Resolute under clause 13.1 are not to be released, discharged, modified, impaired or affected in any manner whatsoever including without limitation the liquidation of RWAL or any arrangement or composition with its creditors or the appointment of a receiver or receiver and manager or any administrator or trustee. BHP may enforce this guarantee without the need to give notice to RWAL or to make any claim or institute any proceedings against RWAL or to join RWAL in any enforcement action.

 

14.           NOTICES

 

14.1         A notice, consent, approval or other communication (each a “Notice”) shall be signed by or on behalf of the Party giving it, addressed to whom it is to be given and:

 

(a)           delivered to that Party’s address; or

 

(b)           transmitted by facsimile to that Party’s address.

 

14.2         A Notice given to a Party in accordance with this clause shall be treated as having been duly given and received:

 

(a)           if delivered to a Party’s address, on the day of delivery if a Business Day, otherwise, on the next Business Day; or

 

(b)           if transmitted by facsimile to a Party’s address and a correct and complete transmission report is received, on the day of transmission, if a Business Day, otherwise on the next Business Day.

 

 

14.3         For the purpose of this clause, the address set out below or another address of which that Party may from time to time give notice to the other Party:

 

BHP:

 

	
Attention:
    	
 
    	
The Secretary, BHP   Minerals International Exploration Inc.
    
	
 
    	
 
    	
 
    
	
Address:
    	
 
    	
1360 Post Oak Blvd., Suite   150, Houston, TX 77056-3020, USA.
    
	
 
    	
 
    	
 
    
	
Facsimile:
    	
 
    	
1 713 961 8507
    

 

Copy to:

 

	
 
    	
 
    	
Vice President   Exploration, BHP Minerals
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Level 34, 600 Bourke   Street, Melbourne, VIC. 3000
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
Facsimile:
    	
61 3 9609 3074
    

 

Resolute Companies: 

 

	
Attention:
    	
 
    	
The Company Secretary
    
	
 
    	
 
    	
 
    
	
Address:
    	
 
    	
4th Floor, The BGC Centre, 28 The Esplanade,   Perth, WA 6000
    
	
 
    	
 
    	
 
    
	
Facsimile:
    	
 
    	
61 8 9322 7541
    

 

15.           ENTIRE AGREEMENT

 

This Agreement constitutes the entire agreement between the Parties relating to the subject matter of this Agreement. There are not and shall not be any oral statements, representations, warranties, undertakings, indemnities or agreements among the Parties except as may be contained in this Agreement, and this Agreement may not be amended in any respect except by written instrument signed by each Party.

 

16.           COUNTERPARTS

 

This Agreement may be executed by counterparts.

 

17.           ATTORNEYS

 

Each person who executes this Agreement on behalf of a Party under a power of attorney declares that he or she is not aware of any fact or circumstance that might affect his or her authority to do so under that power of attorney.

 

 

	
EXECUTED as an agreement.
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
EXECUTED by BHP Minerals   International Exploration Inc:
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
By
    	

    
	

    	
 
    	

    
	
Name   of witness
    	
 
    	
Name and Title
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
EXECUTED by BHP Minerals Ghana Inc:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
By
    	

    
	

    	
 
    	

    
	
Name   of witness
    	
 
    	
Name   and Title
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
EXECUTED by BHP Billiton World Exploration Inc:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
By
    	

    
	

    	
 
    	

    
	
Name   of witness
    	
 
    	
Name and Title
    
						

 

 

	
EXECUTED by BHP Holdings (International) Inc:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
By
    	

    
	

    	
 
    	

    
	
Name   of witness
    	
 
    	
Name and Title
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
EXECUTED by Resolute Limited:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
Signature   of director/secretary
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
GREG FITZGERALD
    	
 
    	
PETER SULLIVAN
    
	
Name   of witness
    	
 
    	
Name   of director/secretary
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
EXECUTED by Resolute (West Africa) Limited:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	

    	
 
    	

    
	
Signature   of witness
    	
 
    	
Signature   of director/secretary
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
GREG FITZGERALD
    	
 
    	
PETER SULLIVAN
    
	
Name   of witness
    	
 
    	
Name of director/secretary
    

 

 

ANNEXURE 1

 

BELAHOURO PROJECT

 

	
Country:
    	
Burkina /Faso
    
	
 
    	
 
    
	
Project:
    	
Belahouro Project
    
	
 
    	
 
    
	
License:
    	
No. 98-127 /MEM/SG/DGMG/DG of 13th October 1998
    
	
 
    	
 
    
	
Licensee:
    	
BHP Minerals International   Exploration Inc.
    
	
 
    	
 
    
	
Project Area:
    	
1600 sq. km
    
			

 

The Project Area is particularly described by coordinates set forth below.

 

	
POINTS
    	
 
    	
LONGITUDE
    	
 
    	
LATITUDE
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
A
    	
 
    	
1° 29’00” W
    	
 
    	
14° 31’ 45” N
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
B
    	
 
    	
0° 55’ 00” W
    	
 
    	
14° 31’ 45” N
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
C
    	
 
    	
0° 55’ 00” W
    	
 
    	
14° 17’ 20” N
    
	
 
    	
 
    	
 
    	
 
    	
 
    
	
D
    	
 
    	
1° 29’ 00” W
    	
 
    	
14° 17’ 20” N
    

 

 

ANNEXURE 2

 

SCHEDULE OF VEHICLES

 

	
VEHICLE   REGISTRATION:
    	
 
    	
11H2291   AT
    
	
 
    	
 
    	
11G5031   AT
    
	
 
    	
 
    	
11K3180   AT
    
	
 
    	
 
    	
11K3458   AT
    
	
 
    	
 
    	
11L3348   AT
    
	
 
    	
 
    	
11G5033   AT
    
	
 
    	
 
    	
11G5032AT
    
	
 
    	
 
    	
11K8556   AT
    
	
 
    	
 
    	
11K5576   ATExhibit 10.50

 

NET SMELTER ROYALTY AGREEMENT

 

THIS AGREEMENT made the 3rd day of April, 2003,

 

BETWEEN:

 

BARRICK GOLD CORPORATION, a corporation existing under the laws of the Province of Ontario,

 

(hereinafter referred to as the “Holder”),

 

— and —

 

MCWATTERS MINING INC., a corporation existing under the laws of Quebec,

 

(hereinafter referred to as the “Owner”).

 

WHEREAS the Owner has entered into a purchase and sale agreement (the “Purchase Agreement”) dated February 21, 2003 with the Holder providing for the purchase by the Owner of the East Malartic Properties (as hereinafter defined) from the Holder on the terms set out in the Purchase Agreement;

 

AND WHEREAS, as part of the consideration for the purchase of the East Malartic Properties, the Owner has agreed to grant to the Holder a Royalty (as hereinafter defined) on all Products (as hereinafter defined) mined or otherwise recovered on or after the date hereof from the East Malartic Properties;

 

NOW THEREFORE THIS AGREEMENT WITNESSES THAT in consideration of the respective covenants and agreements herein contained and for other good and valuable consideration (the receipt and sufficiency of which are hereby acknowledged by each party), the parties agree as follows:

 

ARTICLE 1

INTERPRETATION

 

1.1                           Defined Terms. For purposes of this Agreement (including the recitals and Schedules hereto), the following terms shall have the respective meanings set out below and grammatical variations of such terms shall have corresponding meanings:

 

“affiliate” has the meaning given to such term in the Business Corporations Act (Ontario), as in effect on the date hereof;

 

“Average Gold Price” during any period means the result obtained by dividing the sum of the Spot Price of Gold on each day during that period by the number of days that prices were posted during that period;

 

 

“Bullion Value” in any quarter means the product of (i) the number of troy ounces of Gold Bullion refined from Product and returned or credited to the Owner or its affiliates by the applicable refinery or refineries during that quarter, multiplied by (ii) the Average Gold Price during that quarter;

 

“Business Day” means a day, other than a Saturday or a Sunday, on which banks are open for ordinary banking business in each of Toronto, Ontario; Montreal, Quebec; and London, England;

 

“Commercial Production” means the date upon which Product from any portion of the East Malartic Properties is first delivered to a purchaser on a commercial basis, it being agreed that deliveries of such Products resulting from pilot or test operations shall not be considered as deliveries on a commercial basis. The Owner shall deliver to the Holder notice indicating said date as soon as practicable after the occurrence thereof;

 

“Dispute” has the meaning set out in Section 3.1;

 

“East Malartic Properties” means the interests of the Holder in the mining claims described in Schedule “A” hereto and acquired by the Owner pursuant to the Purchase Agreement or any replacements, substitutions or modifications of any of said claims held by the Owner or any of its affiliates which may arise in the future covering the same area, together with all applications, surveys, easements, rights of way, rights, titles or interests of every kind and description which the Owner or its affiliates has rights with respect to, or otherwise owns or controls, relating to or acquired in connection with one or more of said claims;

 

“Gold Bullion” means gold refined from Products to a form that meets good delivery standards in the London Bullion Market, or a comparable terminal market;

 

“Holder” has the meaning set out in the first recital hereto;

 

“Net Smelter Return” in any quarter means the amount, if any, by which the Bullion Value in such quarter exceeds the sum of the Refining Costs and Taxes in such quarter (it being agreed that the foregoing shall control, notwithstanding any intervening transfer of any intermediate Product from the Owner to any affiliate. The Owner and the Holder acknowledge that the purpose of this clause is to ensure that the Net Smelter Return is determined in a timely manner for Gold Bullion mined and removed from the East Malartic Properties, regardless of whether an actual sale of such Gold Bullion is made by the Owner).

 

The Owner acknowledges and agrees that it shall not deduct the costs of mining, milling, leaching or any other on-site processing costs (other than Refining Costs) incurred by the Owner or its affiliates in the determination of the Net Smelter Return. If smelting or refining is carried out in facilities owned or controlled, in whole or in part, by the Owner or its affiliates, then the Refining Costs shall be the amount that the Owner would have incurred if such smelting or refining were carried out at facilities not owned or controlled by the Owner then offering comparable services for comparable products on prevailing terms;

 

“Processor” means, collectively, any Third Party smelter, refiner, processor, purchaser or other user of Products other than the Owner or its affiliates;

 

2

 

“Product” means ores mined from the East Malartic Properties and any concentrates or other materials or products derived therefrom as part of the operations relating to the East Malartic Properties and carried out hereunder, provided, however, that if any such ores, concentrates or other materials or products are subjected to further treatment as part of such operations, such ores, concentrates or other materials or products shall not be considered to be “Product” until after they have been so treated;

 

“Purchase Agreement” has the meaning set out in the first recital hereto;

 

“quarter” means a calendar quarter;

 

“Refining Costs” in any quarter means all costs and expenses of smelting and refining, including all costs of assaying, sampling, custom-smelting and refining, all independent representative and umpire charges, and the costs of transporting, handling and insuring the material from the East Malartic Properties to the refinery or smelter, as the case may be;

 

“Royalty” means the net smelter royalty granted by the Owner to the Holder, pursuant to Section 2.1;

 

“Spot Price of Gold” at any date means the price for refined gold in U.S. dollars as established pursuant to the London Bullion Brokers Association P.M. Gold Fix on that date, as quoted in the Wall Street Journal, Reuters or another reliable source selected by the Owner. If the London Bullion Brokers Association P.M. Gold Fix ceases to be published, the Spot Price of Gold as at any date shall be determined on such basis as may be agreed to in writing at that time by the Holder and the Owner or, failing such agreement, shall be the price of gold in U.S. dollars as quoted by and at the closing of the New York Commodity Exchange (COMEX) (or any successor thereto) on that date, as determined by the Owner;

 

“Taxes” shall mean all imposts, royalties, duties, assessments, ad valorem and other taxes (other than income and capital taxes) imposed upon or in connection with producing, transporting and selling Products, by any federal, state or local governmental entity or subdivision thereof;

 

“Third Party”, in relation to any party, means a person with whom such party deals at arm’s length (within the meaning of the Income Tax Act (Canada), as in effect on the date hereof); and

 

“Trading Activities” means any and all price hedging and price protection activities undertaken by the Owner or its affiliates with respect to any Products or currency exchanges, including any forward sale and/or purchase contracts, spot-deferred contracts, option contracts, speculative purchases and sales of forward, futures and option contracts, both on and off commodity exchanges.

 

1.2                           Currency. Unless otherwise indicated, all dollar amounts referred to in this Agreement are expressed in United States dollars.

 

1.3                           Sections and Headings. The division of this Agreement into Sections and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation of this Agreement. The terms “this Agreement”, “hereof”, “hereunder” and similar expressions refer to this Agreement and not to any particular Section or other portion

 

3

 

hereof and include any agreement or instrument supplemental or ancillary hereto. Unless otherwise specified, any reference herein to a Section or Schedule refer to the specified Section of or Schedule to this Agreement.

 

1.4                          Rules of Construction. Unless the context otherwise requires, in this Agreement:

 

(a)           words importing the singular number only shall include the plural and vice versa and words importing the masculine gender shall include the feminine and neutral genders and vice versa;

 

(b)           the words “include”, “includes” and “including” mean “include”, “includes” or “including”, in each case, “without limitation”;

 

(c)           reference to any agreement, indenture or other instrument in writing means such agreement, indenture or other instrument in writing as amended, modified, replaced or supplemented from time to time;

 

(d)           if there is any conflict or inconsistency between the provisions contained in the body of this Agreement and those of any Schedule hereto, the provisions contained in the body of this Agreement shall prevail;

 

(e)           time periods within which a payment is to be made or any other action is to be taken hereunder shall be calculated excluding the day on which the period commences and including the day on which the period ends; and

 

(f)            whenever any payment to be made or action to be taken hereunder is required to be made or taken on a day other than a Business Day, such payment shall be made or action taken on the next following Business Day.

 

1.5                           Accounting Principles. Any reference in this Agreement to generally accepted accounting principles refers to generally accepted accounting principles that have been established in Canada, including those approved from time to time by the Canadian Institute of Chartered Accountants or any successor body thereto.

 

1.6                           Entire Agreement. This Agreement, together with the other documents executed and delivered in connection herewith, constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, negotiations and discussions, whether written or oral, including the letter of intent dated January 31, 2003 between the Holder and the Owner. There are no conditions, covenants, agreements, representations, warranties or other provisions, express or implied, collateral, statutory or otherwise, relating to the subject matter hereof except as herein provided or as provided in other documents executed and delivered by the parties in connection herewith.

 

1.7                           Time of  Essence. Time shall be of the essence of this Agreement.

 

1.8                           Applicable Law. This Agreement shall be construed, interpreted and enforced in accordance with, and the respective rights and obligations of the parties shall be governed by, the laws of the Province of Ontario and the federal laws of Canada applicable therein.

 

4

 

1.9                           Amendments and Waivers. No amendment or waiver of any provision of this Agreement shall be binding on any party unless consented to in writing by that party. No waiver of any provision of this Agreement shall constitute a waiver of any other provision, nor shall any waiver constitute a continuing waiver unless otherwise provided.

 

1.10                         Severability. If any provision of this Agreement is determined by a court of competent jurisdiction to be invalid, illegal or unenforceable in any respect, such determination shall not impair or affect the validity, legality or enforceability of the remaining provisions hereof, and each provision is hereby declared to be separate, severable and distinct. To the extent that any such provision is found to be invalid, illegal or unenforceable, the parties hereto shall act in good faith to substitute for such provision, to the extent possible, a new provision with content and purpose as close as possible to the provision so determined to be invalid, illegal or unenforceable.

 

1.11                         Schedules. The following Schedules are attached to and form part of this Agreement:

 

Schedule “A” — Description of East Malartic Properties

 

ARTICLE 2

NET SMELTER ROYALTY

 

2.1                           Grant of Royalty. On the terms and subject to the conditions of this Agreement, the Owner hereby grants, transfers, conveys and agrees to pay to the Holder a net smelter royalty (the “Royalty”) at a variable rate (the “Royalty Rate”) such that for Gold Bullion refined from Product where the Average Gold Price during any applicable quarter is:

 

(a)           $350 or more, the Royalty Rate shall be 3% of the Net Smelter Return; or

 

(b)           less than $350, the Royalty Rate shall be 2% of the Net Smelter Return.

 

2.2                           Calculation and Payment.

 

(a)           Beginning on the date on which any portion of the East Malartic Properties comes into Commercial Production, the Royalty shall be calculated on a quarterly basis and the amount of the Royalty payable to the Holder in respect of any applicable quarter shall be equal to the product of the Net Smelter Return multiplied by the applicable Royalty Rate during such quarter.

 

(b)           The Royalty payment due to the Holder in respect of any quarter shall be paid to the Holder within 30 days after the end of such quarter by the delivery to the Holder of a certified cheque or bank draft in the appropriate amount made payable to or to the order of the Holder. All Royalty payments, including interest, if any, shall be made in United States dollars and will be made subject to withholding or deduction in respect of the Royalty for, or on account of, any present or future taxes, duties, assessments or governmental charges of whatever nature imposed or levied by or on behalf of any government having power and jurisdiction to tax and 

 

5

 

for which a Processor or the Owner is obligated by law to withhold or deduct and remit to such taxing authority having such power and jurisdiction.

 

(c)           In the event that any Royalty payment required to be made to the Holder hereunder is not made when due, that payment shall bear interest at a rate equal to the Prime Rate plus 4.0%, compounded monthly on the last day of each month, until paid. For the purposes hereof, the term “Prime Rate” means the per annum rate quoted or announced from time to time by the principal office of the Royal Bank of Canada in Toronto as its reference rate of interest for United States dollar loans made in Canada. The rate of interest payable on such late payments will change simultaneously with charges in the Prime Rate from time to time.

 

2.3                           Buy Out Option. The Holder hereby grants to the Owner the exclusive option (the “Buy Out Option”) to purchase one-half of the Holder’s right to be paid the Royalty, for an aggregate consideration of (i) $1.5 Million at any time when the Royalty Rate for the preceding quarter was 3%, or (ii) $1 Million at any time when the Royalty Rate for the preceding quarter was 2%, such that after the exercise of the Buy Out Option by the Owner, the Royalty Rate will be reduced by one-half, to (i) 1.5% where the Average Gold Price is $350 or more, or (ii) 1% where the Average Gold Price is less than $350, respectively. The Buy Out Option may be exercised by the Owner delivering a notice to the Holder at any time with the aforesaid payment as determined in this Section 2.3. Payment of the Buy Out Option shall only be made by certified cheque, bank draft or wire transfer payable to the Holder, or as the Holder may direct in writing. Upon the receipt of said payment by the Holder, one-half of the Royalty shall automatically and without action on the part of the Holder (except to acknowledge said exercise of the Buy Out Option if requested by the Owner) and the Owner immediately vest in the Owner and the quantum of the Royalty be reduced accordingly. The parties agree that notwithstanding the immediate and automatic reduction of the Royalty as provided in this Section 2.3, any Royalties accrued but not yet paid to the Holder prior to the exercise of the Buy Out Option shall be paid, as provided in this Agreement, at the Royalty Rate prevailing prior to the exercise.

 

2.4                           Request for Data. If requested by the Holder at the time each Royalty payment is made, the Owner shall provide copies of all relevant data relating to the Royalty calculation (including all settlement sheets used in calculating the Net Smelter Return) to the Holder.

 

2.5                           Accounting Matters.

 

(a)           All calculations and computations relating to the Royalty payments to be made to the Holder hereunder shall be made on the accrual method and shall be carried out on a consistent basis in accordance with generally accepted accounting principles to the extent that such principles are not inconsistent with the provisions of this Agreement. In the event of any inconsistency between such accounting principles and the provisions of this Agreement, this Agreement shall prevail.

 

(b)           Any Royalty payment made hereunder shall be considered final and in full satisfaction of all obligations of the Owner hereunder in respect of the Royalty payable for the quarter to which such payment relates unless within 24 months (the “Review Period”) after the receipt by the Holder of a quarterly payment, the 

 

6

 

Holder provides a written notice of its objection (describing in detail the specific objection and its basis therefor) to the Owner. In the event that a Dispute (as herein defined) arises that cannot be resolved by the mutual agreement of the parties within 60 days after receipt of such notice of objection by the Owner, any party may elect to have the Dispute arbitrated in accordance with Section 3.1.

 

(c)           Upon not less than 30 Business Days’ prior written request from the Holder, duly authorized representatives of the Holder’s chartered accountants shall be entitled, at the Holder’s cost and expense to inspect and audit, within the Review Period, such books of account, records and supporting materials related to the determination of the Royalty or otherwise confirming the rights and obligations of the Holder and the Owner hereunder. The Holder and the Owner agree to make such adjustments, if any, to Royalty payments previously made as may be required as a result of such audit. In the event that a Dispute arises regarding any adjustment to Royalty payments as provided in this Section 2.5(c) herein which cannot be resolved by the mutual agreement of the parties within 60 days, any party may elect to have the Dispute arbitrated in accordance with Section 3.1. The accounting firm selected by the Holder shall execute and deliver in favour of the Owner a confidentiality agreement that includes the confidentiality provisions of Section 3.3(a).

 

(d)           The Owner shall have the right to commingle any Products with ore, concentrates, minerals and other material mined and removed from other properties, provided, however, that the Owner shall calculate from representative samples the average grade thereof and other measures as are appropriate, and shall weigh (or calculate by volume) the material before commingling. In obtaining representative samples, calculating the average grade of the ore and average recovery percentages, the Owner may use any procedures accepted within the mining and metallurgical industry which it believes are suitable for the type of mining and processing activity being conducted and, in the absence of fraud, its choice of such procedure shall be final and binding on the Holder. In addition, comparable procedures may be used by the Owner to apportion among the commingled materials all penalty and other charges and deductions, if any, imposed by the smelter, refiner or purchaser of such material.

 

(e)           Any Trading Activities engaged in by the Owner or its affiliates in respect of Products, and the profits and losses generated thereby, shall not, in any manner, be taken into account in the calculation of Royalty payments due to the Holder, whether in connection with the determination of price, the date of sale or the date any Royalty payment is due. The Holder acknowledges that the Owner engaging in Trading Activities may result in the Owner realizing from time to time fewer or more dollars for Gold Bullion than does the Holder, as the Holder’s Royalty payment is established by published prices. Similarly, the Holder shall not be obligated to share in any losses generated by any such Trading Activities with respect to Gold Bullion.

 

7

 

(f)            For the purpose of determining the amount of the Royalty payments required to be made to the Holder pursuant to Section 2.2, all receipts and disbursements in a non-United States currency will be converted into United States currency on the basis of the noon rate of exchange quoted by the United States Federal Reserve Bank on the last Business Day prior to the date of receipt or disbursement, as the case may be, or, failing such quotation, on the basis of the noon rate of exchange quoted by Bank of America or its successors on that Business Day.

 

(g)           The Owner shall have the right to mine, remove and sell small amounts of Product as is reasonably necessary for sampling, assaying, metallurgical testing and evaluation of the minerals potential of the East Malartic Properties. The Holder shall not be entitled to a Royalty in respect of such sales.

 

ARTICLE 3

GENERAL MATTERS

 

3.1                           Cooperation and Dispute Resolution. In the event of any dispute, claim, question or disagreement (each a “Dispute”) arising out of or relating to this Agreement, the parties shall use all reasonable endeavours to settle such Dispute. To this effect, they shall consult and negotiate with each other in good faith and attempt to reach a just and equitable solution to the Dispute within a period of 60 days from the matter in dispute being raised by a party. If the parties cannot resolve the Dispute within the 60 day period, a party may refer the Dispute to arbitration pursuant to the commercial arbitration rules of the American Arbitration Association. The arbitration shall be held in the City of Montreal and determined by a single arbitrator and, unless the parties agree to share the costs of the arbitration, the arbitrator shall determine what portion of the costs and expenses incurred in such proceeding shall be borne by each party participating in the arbitration. The award of the arbitrator shall be final and binding on each of the parties and shall not be subject to any appeal on any ground, including an error of law. The parties covenant that they shall conduct all aspects of such arbitration having regard at all times to expediting the final resolution of such arbitration.

 

3.2                           Records. The Owner shall, from and after the date hereof, keep accurate records of the tonnage, volume of Products, analysis of Products, weight, moisture, assays of pay metal content and other records, as appropriate, related to the determination of the Net Smelter Return.

 

3.3                           Confidentiality.

 

(a)           The Holder shall not, without the express written consent of the Owner, which consent may not be unreasonably withheld, disclose the contents of this Agreement or any non-public information received under this Agreement relating to the Owner or the East Malartic Properties (the “Confidential Information”), other than to employees, agents or consultants of the Holder in respect of the administration or enforcement of its rights hereunder and who agree to be bound by the confidentiality provisions of this Agreement (the breach of which shall be deemed to be a breach by the Holder). In addition, the Holder shall not use any Confidential Information for its own use or benefit except for the purpose of administering or enforcing its rights under this Agreement.

 

8

 

(b)           The Holder may disclose Confidential Information to a prospective lender to whom the Holder may, in good faith, grant an interest in the Royalty payments as security for the Holder’s bona fide obligations to such lender, but only if the Owner has been provided with a confidentiality agreement that includes the confidentiality provisions of Section 3.3(a), and that has been executed by such lender.

 

(c)           The Holder may disclose Confidential Information if such disclosure is required for compliance with applicable laws, rules, regulations or orders of any governmental agency or stock exchange having jurisdiction over the Holder or its affiliates; provided however, that the Holder shall give notice to Owner of such disclosure as far in advance of such disclosure as is reasonably practicable and ensure that only such information as is necessary to comply with the Holder’s obligations is disclosed.

 

3.4                           Right to Inspect. Upon not less than 30 days’ notice to the Owner, the Holder or its authorized representatives may enter upon all surface and subsurface portions of the East Malartic Properties for the purpose of inspecting the East Malartic Properties, all improvements thereto and operations thereon, and may, subject to the obligations of confidentiality described in Section 3.3, inspect and copy all records and data pertaining to the determination of the Royalty, including such records and data which are maintained electronically. The Holder or its authorized representatives shall enter the East Malartic Properties at its own risk and may not unreasonably hinder operations on or pertaining to the East Malartic Properties. The Holder shall indemnify and save harmless the Owner and its affiliates (including direct and indirect parent companies) and their respective directors, officers, shareholders, employees, agents and attorneys, from and against any expenses, costs, penalties, fines, losses, liabilities (including, all amounts paid in settlement, all interest and penalties and all legal and other professional fees and disbursements) which may be suffered or incurred by any of them by reason of damage to property or injury to the Holder or any of its agents or representatives caused by the Holder’s exercise of its rights herein.

 

3.5                           No Implied Covenants. The parties agree that no implied covenants or duties relating to exploration, development, mining or the payment of production royalties or any other matters provided for herein shall affect any of their respective rights or obligations hereunder, and that the only covenants or duties which affect such rights and obligations shall be those expressly set forth and provided for in this Agreement.

 

3.6                           Change in Ownership of Right to Royalty. No change or division in the ownership of the Royalty, however accomplished, shall enlarge the obligations or diminish the rights of the Owner or its affiliates. The Holder covenants and agrees that any change in ownership of the Royalty shall be accomplished in such a manner that the Owner and its affiliates shall be required to make payments and give notice to no more than one person, firm, corporation, or entity, and upon breach of this covenant, the Owner and its affiliates may retain all Royalty payments otherwise due until such breach has been cured. No change or division in the ownership of the Royalty or right to Royalty payments shall be binding on the Owner or its affiliates until the Holder shall have delivered to the Owner a certified copy of the instrument evidencing the change or division of such ownership.

 

9

 

3.7                           Lapse of Mining Claims. If the Owner decides at any time after the date hereof to allow any mining claims comprising the East Malartic Properties to lapse or otherwise expire (the “Expiration Date”) for any reason, (i) it shall give notice of its intention to the Holder at least 90 days prior to the Expiration Date, and (ii) if the Holder requests the Owner to do so within 30 days before the Expiration Date, the Owner shall transfer such mining claims to the Holder for $10.

 

3.8                           Property Right; Further Assurances; Registration of Interest.

 

(a)           The Owner acknowledges and agrees that (i) the Royalty is a property right and creates an interest in each of the East Malartic Properties that runs with each of the East Malartic Properties and such interest shall be applicable to the Owner and its successors and any permitted assigns of any or all of the East Malartic Properties, and (ii) the Royalty shall attach to any amendments, relocations or conversions of any mining claims comprising any or all of the East Malartic Properties.

 

(b)           Each party shall execute all such further instruments and documents and do all such further actions as may be necessary to effectuate the documents and transactions contemplated in this Agreement, in each case at the cost and expense of the party requesting such further document or action, unless expressly indicated otherwise. The Holder may register or record against the title to any or all of the East Malartic Properties such form of notice, caution or other document (including, without limitation, a copy of this Agreement) as it considers appropriate to protect its right to receive the Royalty hereunder. Each of the parties hereto hereby consents to such registering or recording and agrees to co-operate with such party to accomplish the same.

 

3.9                           Successors and Assigns.

 

(a)           This Agreement shall enure to the benefit of and shall be binding on and enforceable by the parties hereto and, where the context so permits, their respective successors and permitted assigns.

 

(b)           The Holder may assign, transfer or otherwise convey this Agreement or all or any of its rights in the Royalty to any of its respective affiliates without the prior written consent of the Owner.

 

(c)           In the event that the Holder desires to sell, transfer or assign all or any of its rights to the Royalty to a Third Party, the Holder shall notify the Owner of its desire to do so (a “Notice of Intent to Sell”) setting forth the terms and conditions upon which they are prepared to sell such interest. The Owner shall have a period of 45 days after receipt of a Notice of Intent to Sell in which to purchase the interest being offered on the terms and conditions specified in the Notice of Intent to Sell (“Right of First Refusal”) by delivering a notice of acceptance (a “Notice of Acceptance”) to the Holder, failing which the Holder shall have 180 days in which to sell the interest to a Third Party on terms and conditions no less

 

10

 

favourable to the Owner and no more favourable to the Third Party than the terms and conditions described in the Notice of Intent to Sell. Delivery of a Notice of Intent to Sell by the Holder and the delivery of a Notice of Acceptance by the Owner shall, in each instance, be irrevocable and shall be binding on the party delivering such notice. If no such sale to the Third Party occurs within such 180 day period, the foregoing provisions of this Section 3.9(c) shall again apply to any proposed sale of any interest by the Holder.

 

The parties hereto agree that the Right of First Refusal provided in this Section 3.9(c) if exercised by the Owner, is in addition to the Buy Out Option provided in Section 2.3 herein and does not have to be exercised in substitution of such option. 

 

(d)           The Owner may assign, transfer or otherwise convey this Agreement or all or any of its rights or obligations hereunder in connection with any assignment or conveyance of the East Malartic Properties or any interest in it in any manner whatsoever without the prior written consent of the Holder; provided, however, that it shall be a condition of such assignment, transfer or conveyance that the transferee first execute and deliver to the other parties an instrument pursuant to which the transferee agrees to be bound by the terms hereof and by all of the liabilities and obligations of the transferor hereunder in the same manner and to the same extent as though the transferee was an original party hereto in the first instance. 

 

3.10                         Notices.

 

(a)           Any notice or other communication required or permitted to be given hereunder shall be in writing and shall be delivered in person, transmitted by telecopy or similar means of recorded electronic communication or sent by registered mail, charges prepaid, addressed as follows:

 

if to the Holder:

Barrick Gold Corporation

BCE Place, TD Canada Trust Tower

161 Bay Street, Suite 3700, P.O. Box 212

Toronto, Ontario

M5J 2S1

 

	
Attention:
    	
Brad   Doores
    
	
Telecopier   No.:
    	
(416)   861-9717
    

 

 

11

 

if to the Owner: 

McWatters Mining Inc. 

McWatters Mining Inc. 

1800, av. McGill College 

Bureau 2400 

Montreal, Quebec 

H3A 3J6

 

Attention: President 

Telecopier: 514-879-1787

 

(b)           Any such notice or other communication shall be deemed to have been given and received on the day on which it was personally delivered or transmitted by telecopier, receipt confirmed (or, if such day is not a Business Day, on the next following Business Day) or, if mailed, on the fifth Business Day following the date of mailing; provided, however, that if at the time of mailing or within five Business Days thereafter there is or occurs a labour dispute or other event which might reasonably be expected to disrupt the delivery of documents by mail, any notice or other communication hereunder shall be delivered or transmitted by telecopier.

 

(c)           Any party may change its address for service at any time by giving notice to each of the other parties in accordance with this Section 3.10.

 

3.11                         English Language. The parties hereby have expressly required that this Agreement and all deeds, documents and notices relating hereto be drafted in the English language. Les parties aux présentes ont expressément exigé que la présente convention et tous les autres contrats documents ou avis qui y sont afférents soient rédigés en langue anglaise.

 

3.12                         Counterparts. This Agreement may be executed in counterparts, each of which shall constitute an original and all of which taken together shall constitute one and the same instrument.

 

IN WITNESS WHEREOF this Agreement has been executed by the parties.

 

	
 
    	
BARRICK GOLD CORPORATION
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Per:
    	

    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Per:
    	

    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    
	
 
    	
We   have authority to bind the Corporation
    

 

12

 

	
 
    	
MCWATTERS   MINING INC.
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Per:
    	

    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    
	
 
    	
 
    
	
 
    	
 
    
	
 
    	
Per:
    	
 
    
	
 
    	
Name:
    	
 
    
	
 
    	
Title:
    	
 
    
	
 
    	
We   have authority to bind the Corporation
    

 

13

 

SCHEDULE “A”

DESCRIPTION OF EAST MALARTIC MILL, MINING PROPERTIES AND

EXPLORATION PROPERTIES

 

(a)  East Malartic Mill

 

The East Malartic Mill as identified on the attached map consist of the following mining concessions and claims:

 

	
Project #
    	
 
    	
Claim #
    	
 
    	
Surveying
   date
    	
 
    	
Expiration
   date
    	
 
    	
Area
    (hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
619
    	
 
    	
CM291
    	
 
    	
1937-10-07
    	
 
    	
12/31/2003
    	
 
    	
394.00
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
CM299
    	
 
    	
1938-05-11
    	
 
    	
12/31/2003
    	
 
    	
391.78
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3893751
    	
 
    	
6/17/1980
    	
 
    	
6/16/2003
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
41
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3893752
    	
 
    	
6/17/1980
    	
 
    	
6/16/2003
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
40
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3907411
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
38
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907412
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
39
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907413
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
40
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907414
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
41
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907421
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
42
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907422
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
43
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907423
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
44
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907424
    	
 
    	
1/29/1981
    	
 
    	
1/8/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
45
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907431
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
46
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907432
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
46
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907433
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
45
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907434
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
44
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI.
    
	
619
    	
 
    	
3907441
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
18.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
39
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3907442
    	
 
    	
1/29/1981
    	
 
    	
1/7/2005
    	
 
    	
18.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
38
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
3922781
    	
 
    	
6/17/1980
    	
 
    	
6/16/2003
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
43
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3922782
    	
 
    	
6/17/1980
    	
 
    	
6/16/2003
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
42
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950781
    	
 
    	
10/25/1980
    	
 
    	
3/15/2005
    	
 
    	
15.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950782
    	
 
    	
10/25/1980
    	
 
    	
3/15/2005
    	
 
    	
12.60
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950783
    	
 
    	
10/25/1980
    	
 
    	
3/15/2005
    	
 
    	
10.10
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950784
    	
 
    	
10/25/1980
    	
 
    	
3/15/2005
    	
 
    	
13.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950785
    	
 
    	
10/25/1980
    	
 
    	
3/15/2005
    	
 
    	
8.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950791
    	
 
    	
10/26/1980
    	
 
    	
3/15/2005
    	
 
    	
15.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
4087941
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
30
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
    

 

A-1

 

	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
GOLD; 15% NPI
    
	
619
    	
 
    	
4087942
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
31
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087943
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
32
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087944
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
33
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087951
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
34
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087952
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
35
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087953
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
36
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4087954
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-S
    	
 
    	
37
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088151
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
26
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088152
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
27
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088153
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
28
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088154
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
29
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088161
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
30
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088162
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
31
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088163
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
32
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088164
    	
 
    	
5/10/1982
    	
 
    	
4/20/2005
    	
 
    	
22.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
33
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088171
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
24.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
34
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088172
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
22.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
35
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088173
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
36
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4088174
    	
 
    	
5/10/1982
    	
 
    	
4/21/2005
    	
 
    	
17.00
    	
 
    	
FOURNIERE
    	
 
    	
8-N
    	
 
    	
37
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD; 15% NPI
    
	
619
    	
 
    	
4137521
    	
 
    	
11/26/1982
    	
 
    	
11/25/2004
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
08S
    	
 
    	
26
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
4137522
    	
 
    	
11/26/1982
    	
 
    	
11/25/2004
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
08S
    	
 
    	
27
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
4137523
    	
 
    	
11/26/1982
    	
 
    	
11/25/2004
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
08S
    	
 
    	
28
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
4137524
    	
 
    	
11/26/1982
    	
 
    	
11/25/2004
    	
 
    	
20.00
    	
 
    	
FOURNIERE
    	
 
    	
08S
    	
 
    	
29
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005621
    	
 
    	
7/12/1934
    	
 
    	
7/11/2003
    	
 
    	
53.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
48
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005622
    	
 
    	
7/12/1934
    	
 
    	
7/11/2003
    	
 
    	
38.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
44
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005631
    	
 
    	
7/12/1934
    	
 
    	
7/11/2003
    	
 
    	
40.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
42
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005632
    	
 
    	
7/12/1934
    	
 
    	
7/11/2003
    	
 
    	
30.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
40
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005641
    	
 
    	
10/7/1935
    	
 
    	
7/6/2003
    	
 
    	
30.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
39
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C005642
    	
 
    	
10/7/1935
    	
 
    	
7/6/2003
    	
 
    	
19.00
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
35
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C007971
    	
 
    	
10/7/1935
    	
 
    	
10/6/2003
    	
 
    	
28.10
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
NONE
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
C007972
    	
 
    	
10/7/1935
    	
 
    	
10/6/2003
    	
 
    	
27.10
    	
 
    	
FOURNIERE
    	
 
    	
8
    	
 
    	
NONE
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1943.68
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

A-2

 

(b)   Mining Properties

 

The Mining Properties as identified on the attached map consist of the following mining concessions and claims:

 

“Canadian Malartic” 

 

	
 
    	
 
    	
 
    	
 
    	
Surveying
    	
 
    	
Expiration
    	
 
    	
Area
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
Project #
    	
 
    	
Claim #
    	
 
    	
date
    	
 
    	
date
    	
 
    	
(hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
619
    	
 
    	
CM226
    	
 
    	
1928-03-14
    	
 
    	
12/31/2003
    	
 
    	
62.53
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
1/2 EST
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
CM267
    	
 
    	
1934-05-09
    	
 
    	
12/31/2003
    	
 
    	
78.10
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941621
    	
 
    	
10/23/1980
    	
 
    	
3/15/2005
    	
 
    	
14.10
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941622
    	
 
    	
10/23/1980
    	
 
    	
3/15/2005
    	
 
    	
13.70
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941623
    	
 
    	
10/23/1980
    	
 
    	
3/15/2005
    	
 
    	
13.00
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941624
    	
 
    	
10/23/1980
    	
 
    	
3/15/2005
    	
 
    	
15.40
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941625
    	
 
    	
10/23/1980
    	
 
    	
3/15/2005
    	
 
    	
15.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941631
    	
 
    	
10/22/1980
    	
 
    	
3/15/2005
    	
 
    	
12.40
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941632
    	
 
    	
10/22/1980
    	
 
    	
3/15/2005
    	
 
    	
10.30
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941633
    	
 
    	
10/22/1980
    	
 
    	
3/15/2005
    	
 
    	
10.90
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941634
    	
 
    	
10/22/1980
    	
 
    	
3/15/2005
    	
 
    	
17.60
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3941635
    	
 
    	
10/22/1980
    	
 
    	
3/15/2005
    	
 
    	
9.80
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950771
    	
 
    	
10/24/1980
    	
 
    	
3/15/2005
    	
 
    	
15.10
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950772
    	
 
    	
10/24/1980
    	
 
    	
3/15/2005
    	
 
    	
17.20
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950773
    	
 
    	
10/24/1980
    	
 
    	
3/15/2005
    	
 
    	
17.50
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950774
    	
 
    	
10/24/1980
    	
 
    	
3/15/2005
    	
 
    	
12.20
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
3950775
    	
 
    	
10/24/1980
    	
 
    	
3/15/2005
    	
 
    	
3.70
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
NENO
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
339.03
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

“Barnat” and “Sladen”

 

	
Project   #
    	
 
    	
Claim   #
    	
 
    	
Registry
   date
    	
 
    	
Expiration
   date
    	
 
    	
Area (hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
619
    	
 
    	
CM281
    	
 
    	
1936-06-01
    	
 
    	
12/31/2003
    	
 
    	
71.22
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
619
    	
 
    	
CM324
    	
 
    	
1942-02-20
    	
 
    	
12/31/2003
    	
 
    	
144.47
    	
 
    	
FOURNIERE
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100% BARRICK
   GOLD
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
215.69
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

A-3

 

(c)   Exploration Properties

 

The Exploration Properties as identified on the attached map consist of the following mining claims:

 

“Amphi North” 

 

	
Project #
    	
 
    	
Claim #
    	
 
    	
Surveying
   date
    	
 
    	
Expiration
   date
    	
 
    	
Area
   (hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
818
    	
 
    	
3681592
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
3-S
    	
 
    	
4 1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3681593
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
3-S
    	
 
    	
5 1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3692211
    	
 
    	
3/15/1978
    	
 
    	
2/27/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
6
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698201
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
4
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698202
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
5
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698211
    	
 
    	
3/15/1978
    	
 
    	
2/21/2005
    	
 
    	
16.00
    	
 
    	
CADILLAC
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698212
    	
 
    	
3/15/1978
    	
 
    	
2/21/2005
    	
 
    	
16.00
    	
 
    	
CADILLAC
    	
 
    	
 
    	
 
    	
 
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698213
    	
 
    	
3/13/1978
    	
 
    	
2/21/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
3-S
    	
 
    	
2 1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698214
    	
 
    	
3/13/1978
    	
 
    	
2/21/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
3
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698231
    	
 
    	
3/13/1978
    	
 
    	
2/27/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
2-N
    	
 
    	
11 1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698271
    	
 
    	
3/15/1978
    	
 
    	
2/27/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
8
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698291
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
3-S
    	
 
    	
3 1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3698292
    	
 
    	
3/13/1978
    	
 
    	
2/22/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
3-S
    	
 
    	
6 1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3705491
    	
 
    	
3/15/1978
    	
 
    	
2/27/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
2-N
    	
 
    	
10 1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3705511
    	
 
    	
3/15/1978
    	
 
    	
2/27/2005
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
2-N
    	
 
    	
9 1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3705831
    	
 
    	
3/13/1978
    	
 
    	
2/21/2005
    	
 
    	
56.80
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
1
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
818
    	
 
    	
3705861
    	
 
    	
3/15/1978
    	
 
    	
2/27/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2-N
    	
 
    	
7 1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC; 1%NSR
   BRW
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
488.80
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

“Malartic 2M-5M”

 

	
Project
    	
 
    	
 
    	
 
    	
Surveying
    	
 
    	
Expiration
    	
 
    	
Area
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
#
    	
 
    	
Claim #
    	
 
    	
date
    	
 
    	
date
    	
 
    	
(hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
713
    	
 
    	
3639602
    	
 
    	
1/13/1977
    	
 
    	
12/24/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
40
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639611
    	
 
    	
1/13/1977
    	
 
    	
12/24/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
41
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639612
    	
 
    	
1/13/1977
    	
 
    	
12/24/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
42
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW.
    
	
713
    	
 
    	
3639621
    	
 
    	
1/13/1977
    	
 
    	
12/24/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
43
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639622
    	
 
    	
1/13/1977
    	
 
    	
12/24/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
44
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    

 

A-4

 

	
713
    	
 
    	
3639631
    	
 
    	
1/13/1977
    	
 
    	
12/26/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
45
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639632
    	
 
    	
1/13/1977
    	
 
    	
12/26/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
46
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639641
    	
 
    	
1/13/1977
    	
 
    	
12/26/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
47
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3639642
    	
 
    	
1/13/1977
    	
 
    	
12/26/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
48
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3655591
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
43
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3655592
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
50
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3655601
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
51
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3655631
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
46
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3655632
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
49
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665032
    	
 
    	
1/13/1977
    	
 
    	
12/20/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
37
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665371
    	
 
    	
1/13/1977
    	
 
    	
12/27/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
51
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665372
    	
 
    	
1/13/1977
    	
 
    	
12/27/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
52
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665381
    	
 
    	
1/13/1977
    	
 
    	
12/25/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
38
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665382
    	
 
    	
1/13/1977
    	
 
    	
12/25/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
39
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665391
    	
 
    	
1/13/1977
    	
 
    	
12/25/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
40
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665392
    	
 
    	
1/13/1977
    	
 
    	
12/25/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
41
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3665401
    	
 
    	
1/13/1977
    	
 
    	
12/25/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
42
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3679881
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
45
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3679882
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
47
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3679891
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
44
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3679892
    	
 
    	
7/15/1977
    	
 
    	
6/29/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
48
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3680991
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
33
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3680992
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
4-N
    	
 
    	
34
   1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3680993
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
4-N
    	
 
    	
35
   1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681011
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
36
   1/2N+
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681012
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
20.00
    	
 
    	
MALARTIC
    	
 
    	
4-N
    	
 
    	
37
   1/2N
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681052
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
30
    	
 
    	
32D/01
    	
 
    	
100% LAC; 1% NSR
   BRW
    
	
713
    	
 
    	
3681061
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
31
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681062
    	
 
    	
8/9/1977
    	
 
    	
7/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
32
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681561
    	
 
    	
9/9/1977
    	
 
    	
8/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
40 +
   LAC
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681562
    	
 
    	
9/9/1977
    	
 
    	
8/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2-S
    	
 
    	
41
   1/2S
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681641
    	
 
    	
9/9/1977
    	
 
    	
8/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
38 +
   LIT
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3681642
    	
 
    	
9/9/1977
    	
 
    	
8/23/2003
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
2
    	
 
    	
39 +
   LIT
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3698232
    	
 
    	
4/26/1978
    	
 
    	
4/8/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
34 +
   LAC
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3698272
    	
 
    	
4/26/1978
    	
 
    	
4/8/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
32
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    

 

A-5

 

	
713
    	
 
    	
3698702
    	
 
    	
4/26/1978
    	
 
    	
4/8/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
35 CL
   +
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3705461
    	
 
    	
11/15/1977
    	
 
    	
10/27/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
38
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3705462
    	
 
    	
11/15/1977
    	
 
    	
10/27/2004
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
39
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
3705862
    	
 
    	
4/26/1978
    	
 
    	
4/8/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
3
    	
 
    	
33
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
4554231
    	
 
    	
3/2/1987
    	
 
    	
1/29/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
50
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
4554232
    	
 
    	
3/2/1987
    	
 
    	
1/29/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
4
    	
 
    	
49
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   BRW
    
	
713
    	
 
    	
5121648
    	
 
    	
12/10/1994
    	
 
    	
3/2/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
02
    	
 
    	
34
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   LAVOIE
    
	
713
    	
 
    	
5121649
    	
 
    	
12/10/1994
    	
 
    	
3/2/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
02
    	
 
    	
35
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   LAVOIE
    
	
713
    	
 
    	
5121650
    	
 
    	
12/10/1994
    	
 
    	
3/2/2005
    	
 
    	
40.00
    	
 
    	
MALARTIC
    	
 
    	
02
    	
 
    	
36
    	
 
    	
32D/01
    	
 
    	
100%LAC;1%NSR
   LAVOIE
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
1880.00
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

“Marban”

 

	
Project
    	
 
    	
 
    	
 
    	
Surveying
    	
 
    	
Expiration
    	
 
    	
Area
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
#
    	
 
    	
Claim #
    	
 
    	
date
    	
 
    	
date
    	
 
    	
(hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
821
    	
 
    	
0022313
    	
 
    	
4/24/1941
    	
 
    	
4/23/2005
    	
 
    	
25.20
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
4 A 8
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
0022314
    	
 
    	
4/24/1941
    	
 
    	
4/23/2005
    	
 
    	
50.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
4 A
   13
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
0022334
    	
 
    	
4/24/1941
    	
 
    	
4/23/2005
    	
 
    	
50.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
4 A
   13
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
0022335
    	
 
    	
4/24/1941
    	
 
    	
4/23/2005
    	
 
    	
25.20
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
9 A
   13
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
0022351
    	
 
    	
4/24/1941
    	
 
    	
4/23/2005
    	
 
    	
50.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
4 A
   13
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
0063091
    	
 
    	
8/18/1943
    	
 
    	
8/17/2003
    	
 
    	
19.50
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
20 A
   23
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
1767661
    	
 
    	
10/4/1960
    	
 
    	
10/3/2003
    	
 
    	
3.80
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
59
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C001791
    	
 
    	
3/18/1936
    	
 
    	
3/17/2005
    	
 
    	
28.00
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
1
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C001792
    	
 
    	
3/18/1936
    	
 
    	
3/17/2005
    	
 
    	
50.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
2
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002801
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
11.20
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
60
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002802
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
17.20
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
62
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002803
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
19.60
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
62
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002804
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
12.40
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
60
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002805
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
12.80
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
60
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002811
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
21.20
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
62
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002812
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
23.30
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
62
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002813
    	
 
    	
4/23/1936
    	
 
    	
4/22/2005
    	
 
    	
14.80
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
60
    	
 
    	
32D/01
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002821
    	
 
    	
3/18/1936
    	
 
    	
3/17/2005
    	
 
    	
25.20
    	
 
    	
DUBUISSON
    	
 
    	
10-S
    	
 
    	
3,1/2
   S
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C002822
    	
 
    	
3/18/1936
    	
 
    	
3/17/2005
    	
 
    	
25.20
    	
 
    	
DUBUISSON
    	
 
    	
10-N
    	
 
    	
3,1/2
   N
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006401
    	
 
    	
7/16/1937
    	
 
    	
7/15/2003
    	
 
    	
17.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
4
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    

 

A-6

 

	
821
    	
 
    	
C006402
    	
 
    	
7/16/1937
    	
 
    	
7/15/2003
    	
 
    	
16.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
20
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006403
    	
 
    	
7/16/1937
    	
 
    	
7/15/2003
    	
 
    	
21.60
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
11
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006411
    	
 
    	
8/29/1937
    	
 
    	
8/28/2003
    	
 
    	
15.40
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
11
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006412
    	
 
    	
8/29/1937
    	
 
    	
8/28/2003
    	
 
    	
15.20
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
14
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006421
    	
 
    	
8/20/1938
    	
 
    	
8/19/2003
    	
 
    	
35.60
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
16
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
C006422
    	
 
    	
8/20/1938
    	
 
    	
8/19/2003
    	
 
    	
35.20
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
17
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
CM474
    	
 
    	
1961/04/21
    	
 
    	
12/31/2003
    	
 
    	
31.55
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
8 A
   10
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
CM512
    	
 
    	
1964/09/01
    	
 
    	
12/31/2003
    	
 
    	
24.52
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
13,14
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
821
    	
 
    	
CM513
    	
 
    	
1964/10/01
    	
 
    	
12/31/2003
    	
 
    	
14.77
    	
 
    	
DUBUISSON
    	
 
    	
10
    	
 
    	
8 A
   10
    	
 
    	
32C/04
    	
 
    	
100% LAC PROP;
   OPTION AUR RESS.
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
713.8
   4
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

“Radium”

 

	
Project
    	
 
    	
 
    	
 
    	
Surveying
    	
 
    	
Expiration
    	
 
    	
Area
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
#
    	
 
    	
Claim #
    	
 
    	
date
    	
 
    	
date
    	
 
    	
(hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
830
    	
 
    	
3263002
    	
 
    	
8/2/1972
    	
 
    	
8/1/2003
    	
 
    	
33.20
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
24
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3263011
    	
 
    	
8/2/1972
    	
 
    	
8/1/2003
    	
 
    	
38.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
22
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3263012
    	
 
    	
8/2/1972
    	
 
    	
8/1/2003
    	
 
    	
46.80
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
21
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%.
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3263051
    	
 
    	
8/3/1972
    	
 
    	
8/2/2003
    	
 
    	
48.40
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
20
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3263351
    	
 
    	
8/10/1972
    	
 
    	
8/9/2003
    	
 
    	
34.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
23
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3490151
    	
 
    	
9/9/1974
    	
 
    	
9/8/2003
    	
 
    	
48.40
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
19
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE - MILLS, 90JAB
    
	
830
    	
 
    	
3490181
    	
 
    	
9/2/1974
    	
 
    	
9/1/2003
    	
 
    	
48.40
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
18
    	
 
    	
32D/01
    	
 
    	
85% LAC PROP; 15%
   CURRIE-MILLS, 90JAB
    
	
830
    	
 
    	
5137128
    	
 
    	
9/17/1995
    	
 
    	
2/4/2004
    	
 
    	
23.97
    	
 
    	
FOURNIERE
    	
 
    	
09
    	
 
    	
30
    	
 
    	
32D/01
    	
 
    	
100% BARRICK GOLD
    
	
830
    	
 
    	
5137129
    	
 
    	
9/17/1995
    	
 
    	
2/4/2004
    	
 
    	
18.40
    	
 
    	
FOURNIERE
    	
 
    	
09
    	
 
    	
29
    	
 
    	
32D/01
    	
 
    	
100% BARRICK GOLD
    
	
830
    	
 
    	
5137130
    	
 
    	
9/17/1995
    	
 
    	
2/4/2004
    	
 
    	
19.20
    	
 
    	
FOURNIERE
    	
 
    	
09
    	
 
    	
28
    	
 
    	
32D/01
    	
 
    	
100% BARRICK GOLD
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
358.7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
.7
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

A-7

 

“Reservoir”

 

	
Project
    	
 
    	
 
    	
 
    	
Surveying
    	
 
    	
Expiration
    	
 
    	
Area
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
#
    	
 
    	
Claim #
    	
 
    	
date
    	
 
    	
date
    	
 
    	
(hec)
    	
 
    	
Township
    	
 
    	
Range
    	
 
    	
Lot
    	
 
    	
NTS
    	
 
    	
Ownership
    
	
829
    	
 
    	
3887321
    	
 
    	
6/20/1980
    	
 
    	
6/19/2003
    	
 
    	
48.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
17
    	
 
    	
32D/01
    	
 
    	
100% LAC   PROPERTIES
    
	
829
    	
 
    	
3887331
    	
 
    	
6/20/1980
    	
 
    	
6/19/2003
    	
 
    	
48.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
15
    	
 
    	
32D/01
    	
 
    	
100% LAC   PROPERTIES
    
	
829
    	
 
    	
3924261
    	
 
    	
7/5/1980
    	
 
    	
7/4/2003
    	
 
    	
48.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
13
    	
 
    	
32D/01
    	
 
    	
100% LAC   PROPERTIES
    
	
829
    	
 
    	
3924271
    	
 
    	
7/5/1980
    	
 
    	
7/4/2003
    	
 
    	
48.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
14
    	
 
    	
32D/01
    	
 
    	
100% LAC   PROPERTIES
    
	
829
    	
 
    	
3924281
    	
 
    	
7/5/1980
    	
 
    	
7/4/2003
    	
 
    	
48.00
    	
 
    	
FOURNIERE
    	
 
    	
10
    	
 
    	
16
    	
 
    	
32D/01
    	
 
    	
100% LAC   PROPERTIES
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
240.0
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
0
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

A-8

 

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Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00193-of-00352.parquet"}]]