NI 43-101

Brooks County, Texas – In-Situ Uranium Solution Mining and Processing: I2M Associates, LLC was engaged in 2012 to conduct a comprehensive independent evaluation of the uranium production system in operation for the purpose of preparing a NI 43-101 report for the client and the Vancouver Stock Exchange and other exchanges.

This investigation included a review of the uranium resource drilling and logging data used by mining company to characterize the uranium roll-front orebodies in the primary and secondary zones, and of the processing plant chemical consumption rates, wastewater injection well condition and history, combined with a review of state and federal permits and associated fillings and reports. Conducted comprehensive economic modeling of ore grade, market price, and multi-case sensitivity to potential changes in project conditions.