Resource World Magazine

April 2013 Volume 11, Issue 4 Co-Publisher Editor-in-Chief Ellsworth Dickson What makes a deposit economic? 48 by Vanessa MacLean Co-Publisher Paul Dickson OIL & GAS Editor Kathrine Moore British Columbia liquid natural gas 52 Assistant Editor Vanessa MacLean by Bruce Lantz Contributing Editors Dr. Edward Schiller David Duval Robert Simpson Aroway Energy drills exploration 56 well at Little Bow 42 Eagle Mountain Gold acquires all of 44 advanced-stage Guyana gold property Emerald Bay starts Taylor-INA drilling 56 OIL PATCH REPORT 57 Bankers Petroleum plans $2 billion Albanian investment by Joel Chury by Peter Caulfield ALTERNATIVE ENERGY An interview with Miranda Gold's 46 President, Kenneth Cunnigham ALTERNATIVE ENERGY REVIEW 58 by Kathrine Moore by Jane Bratun Contributing Writers Rodney Blake • Jane Bratun Peter Caulfield • Joel Chury AJ Deus • David Duval Jennifer Getsinger • Dennis Hoesgen Eric Hoesgen • Mike Kachanovsky Bruce Lantz • Daina Lawrence Leonard Melman • Simon Rees Alf Stewart Australian Correspondent Greg Barns Art Director, Design & Production Jocelyne Laflamme Accounting & Administration Laura Beaudry Circulation 1-877-484-3800 Advertising Irene Fournier, Advertising Manager Rebecca Badowich, Advertising Executive 1-877-484-3800 Arctic Star crews transporting supplies from the frozen "lake top runway" to camp by helicopter. Photo courtesy Arctic Star. Resource World Magazine is published 11 times a year by Resource World Magazine Inc. #709–700 West Pender St., Vancouver, BC V6C 1G8. ©2002-2013 Resource World Magazine Inc., all rights reserved. No part of this magazine may be reproduced, in whole or in part, without the expressed permission of the publisher. Reprints available by request at the above address or by emailing: info@resourceworld.com. DISCLAIMER: While every effort has been made to ensure the accuracy of information contained in Resource World Magazine, and the reliability of sources, the publisher in no way guarantees nor warrants the information and is not responsible for errors, omissions or forward looking statements made by advertisers. Articles and advertisements in Resource World Magazine, are not solicitations to buy, hold or sell specific securities; they are for information purposes only. Opinions and recommendations made by contributors or advertisers are not necessarily those of the publisher, its directors, officers or employees. Investors should be aware that risk is associated with any security, strategy or investment and are advised to seek the counsel of a competent investment advisor before making any investment, or utilizing any information contained in this publication. Subscription, advertising and circulation information can be obtained by visiting our website: www. resourceworld.com or contacting our offices by phone: 1-877-484-3800 or by writing to the address below. Publication Mail Agreement No. 40845066 Return undeliverable Canadian addresses to: Circulation Department 709-700 West Pender Street Vancouver, BC Canada V6C 1G8 Email: info@resourceworld.com 6 www.resourceworld.com Issn 1712-253 APRI 20 Printed in Canada by MitchellLPress 1 3

• Cover