Cross Lake Property Kidd Creek Comparison

Comparison

KIDD CREEK MINE

  • The mineral reserves and resources for the Kidd mine have typically been in the range of $40 – 60$ / tonne. Exception the 2003 proven (78$/t) and Inferred (101$/t)
  • The resource grade has been in decline and currently is about 38 gpt Ag, 1.44% Cu and 3.12% Zn
  • Widths of the deposit, variable often in the 60-100+m
  • Deepest base metal mine in Canada

CROSS LAKE DEPOSIT

  • We see comparable values at the cross-lake deposit in $/t for Base Metals + Precious Metals.
  • Cross Lake has similar Zinc values to the Kidd Mine and similar Silver values. The Copper values at Cross Lake are lower but this is offset by additional gold values not traditionally seen at Kidd.
  • Similar widths around 80m
  • Mineralization open at depth