The purpose and use of the standards is to put out the necessities of the Canadian Stock Exchange when any company gives any information to shareholders and investors, regulators and/or the media concerning its properties, whether these information is limited and contained in a news release, a nonstop or the constant document of disclosure such as an annual details and record, or other type of communication, as well as, but not limited to, printed shareholder or investor relations material and Electronic publications like Internet based Web sites. These values do not concern to prospectuses or listing application, the values for which are limited and contained in the policies and set of laws of the commissions of securities and the stock Exchange. These standards are too not planned or anticipated to set up requirements for the satisfied and comfortable of practical reports.

Any related information published by or on the behalf of a company must obey or fulfill with these values and principles. If a company becomes conscious or alert of details information published by others concerning its sandstone properties which is significantly or considerably misleading to shareholders or investors, it should take the appropriate action to approved or correct such related information or if not make it identified that it is not dependable for publishing these details information and does not essentially or automatically agree with these statements.

For example, when a company primary announces investigation study results from material goods, it must explain or illustrate the biological environment of the material goods; on the other hand, it may not be required to repeat that related information in each and every news release consequently issued concerning the identical property. The following or consequent news releases may as a substitute refer to preceding or prior releases or other papers or documents and specify or show how they may be obtained.

Periodic information or news must be available summary of related information on such activities on all material goods. Where effort has been terminated on properties regarding which the company has finished previous disclosure, there must be additional or the extra information provided as to any unidentified results and basis for the termination of work. Such disclosure should be offered even on material goods.

General requirements:

When revealing the results of study or investigation activity on its properties, a company shall condition the basis of the details information when it was not achieve by the company itself. The company shall too present the name(s) of the qualified or the capable person(s) who is responsible for the conduct and design of the investigation or study program. The association and bond of such person(s) to the company shall moreover be disclosed.

Apart from the disclosure of results of searching or study activities as explained in more detail and fact below, a common account or explanation of the environmental environment must be revealed, including any well-known prospective for problems, such as enormously unpredictable or irregular results or difficulties of significant metallurgical. If the company discharges partial results, for example, the initial two holes of a six gap of program, it must make certain that the stability of the results are revealed in a appropriate manner whether the results are affirmative or downbeat.

Where possible, the company should offer the related information in table form for effortlessness of publish and understanding maps, plans or segments as suitable or right to the related information and the period of development of the material goods.

Early searching or investigating activity designed to give up details information as to the achievable location and existence of minerals of cost, for example, geophysical inspections or sampling of soil, when revealed, must be obviously described as beginning in environment and not definite evidence of the possibility of the occurrence of a sandstone deposit. An account of the kind of survey or the methods of sampling, for example, chip or samples of channel, grabs, and spacing gaps must be integrated. The company must also be disclosing who start on the program, and their association or connection to the company. Investigative results should be informations in a responsible and timely manner.

In such situation where really high grades are stumbled upon, it is very important that the capable or qualified person offer disclosure as to the comparability of the consequences or outcome with previous results or, if there are no previous results, with probable or estimated results based on geology. The model and the sample grades information should conform to top practices of industry, such as grams per tone or ounces per ton for precious metals, so as not to baffle the reader. Visual estimates and approximation of grade or the quantity of mineralization should not be reported. Explanation and clarification of mineralization from projection, ditch or drill models should be reported simply when logical results will not be gladly accessible and the existence of the mineralization is believed to be material by the skilled person in charge for the project.