Feasibility Study: Although significant work has been completed on most of the important segments of the Feasibility Study of the Schaft Creek Mineral Deposit there remain some key elements yet to be finalized by the engineers. This will result in a delay of its completion until the 1(st) quarter of 2012. Additionally the Company has commissioned Tetra Tech to prepare an update to the July 26, 2011 Resource Estimate prepared by AMEC which will include all of the drilling results reported in the Paramount Zone as a result of the Schaft Creek 2011 drilling campaign