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also reported positive public comment on its draft Environmental Impact Statement. In addition, permitting is on track for an autumn 2013 Record of Decision by the US Bureau of Land Management. Midway holds several other properties in Nevada, including the Spring Valley gold project, into which Barrick is likely to earn 70%. Miranda Gold Corp. [MAD-TSXV] has a raft of properties in Nevada; it performs grass roots exploration and then undertakes further project development using a joint venture business model. On January 15, the company announced results for a sixhole drill campaign completed in December by Montezuma Mines Inc., a subsidiary of CMQ Resources Inc. [NV-TSXV]. All holes intersected anomalous gold associated with altered rock. On January 28, the company announced that NuLegacy Gold Corp. had terminated their earn-in agreement for Miranda's Red Hill and Coal Canyon projects. Nevada Copper Corp. [NCU-TSX] wholly-owns the Pumpkin Hollow copper project located near Yerington. On May 28, the company announced that permitting of Pumpkin Hollow's Stage 1, underground project was advancing on schedule. Stage 1 will entail an output of 6,500 tons per day run-of-mine ore. On March 28, Nevada Copper closed a $200 million loan facility and copper concentrate off-take agreement with RK Mine Finance. Exploration at the project also continues; on May 17, the company announced drill-hole results that included hole NC13-05 on the western boundary of the North deposit. The hole intersected multiple zones of mineralization totaling 368.0 feet averaging 0.92% copper, including 125 feet of 1.45% copper. Nevada Exploration Inc. [NGE-TSXV] has nine interests in Nevada and uses covered deposit exploration technology as a key platform for project advancement. On April 11, the company announced that a second drill hole had been started by exploration partner Spruce Ridge Resources Ltd. [SHL-TSXV] at its Fletcher Junction Project located in the Walker Lane mineral belt, southwest Nevada. An earlier hole, FJ14, indicated anomalous to 18 www.resourceworld.com highly-anomalous values in silver, arsenic, antimony, mercury, and molybdenum. These are considered pathfinder elements that point to gold-bearing, hydrothermal systems, the company reported. Nevada Sunrise Gold Corp. [NEVTSXV] has three Nevada properties: Kinsley Mountain, Golden Arrow, and Pinnacle. On April 10, the company announced that Pilot Gold Inc. [PLG-TSX], its joint-venture partner at the Kinsley Mountain Project, had completed $3 million in eligible expenditures to increase its participating interest to 65%. Pilot Gold's exploration program for 2013 will encompass 22,000 metres of drilling, with a resource estimation to be initiated as work progresses. Newmont Mining Corp. [NMC-TSX; NEM-NYSE] has a broad portfolio of Nevada interests and operations, including Emigrant, Midas, Phoenix, Twin Creeks and the Carlin open-pit and underground mines. For Q1 2013, the company reported attributable gold production from Nevada operations at 381,000 ounces gold, a 12% decline from last year. The fall was due to lower grade and recovery, although partially offset by new production at Emigrant and higher throughput at Phoenix. Costs applicable to sales stood at US $774/oz during the quarter, up 25% from Q1 2012. The increase was due to lower ounces sold and lower capitalized mine development activities in 2013 compared with 2012. Newmont continues to expect total attributable gold production in 2013 to reach between 1.7 million and 1.8 million ounces gold. The company is also lowering its capital expenditure outlook by $50 million to between $550 million and $600 million, consolidated and attributable. NuLegacy Gold Corp. [NUG-TSXV] is focused on expanding its Iceberg deposit within its Red Hill Project located in the southeast of the Cortez segment in the Battle Mountain-Eureka gold trend. The company is earning joint venture status with Barrick. On May 14, NuLegacy announced the start of a two-phase drill campaign at Iceberg with each phase comprising five or six holes. The goal is to assess how far Iceberg extends to the north and south, and to test whether there is a possible parallel system to the east. Paramount Gold and Silver Corp. [PZG-TSX, NYSE; PG6 -FSE] is advancing the Sleeper gold project, a past-producing open-pit mine operated by Amax Gold from 1986-1996. Sleeper is 25 miles from Winnemucca. The company's PEA stated that Sleeper is expected to have a 17-year mine life producing 172,000 oz gold and 263,000 oz silver per year. (Ed: An incorrect number was in the May issue) On May 9, the company unveiled drill results from a three-hole campaign; highlights included hole PGC-13-030, drilled at the West Wood Zone, that intersected 0.94 g/t gold and 3.1 g/t silver from 57.9-257.6 metres. Premier Gold Mines Ltd. [PG-TSX] and partner Newmont Mining Corp. are exploring the Cove gold project located within the Eureka-Battle Mountain Trend that is host to a number of multi-million ounce producing and past-producing mines and represents one of the most under-explored gold projects in Nevada. The project is host to the Helen Zone deposit which the company is expanding and expects to release a initial compliant resource estimate later in 2013. The Cove Project is a lease from Newmont and includes a provision for Newmont to back into 51% of the project by funding 250% of all Premier's exploration expenditures since March 2006. Newmont retains this right any time up to and including 90 days after the completion of a positive feasibility study on a resource of 500,000 ounces of gold or greater. Quaterra Resources Inc. [QTA-TSXV] is developing the MacArthur copper project in the Yerington copper district, 50 miles southeast of Reno. A favourable PEA was released in May 2012, outlining an openpit operation based on an acid-soluble measured and indicated copper resource model of 159 million tons at 0.212% copper, and an inferred resource of 243 million tons at 0.201% copper. Mine life is estimated at 18 years, with an initial capex of $232.7 million. Renaissance Gold Inc. [REN-TSX] see page 25. Rye Patch Gold Corp. [RPM-TSXV] has several Nevada projects. On May 8, it released an update on recent exploraJULY 2013

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