Overview of Performance 
 
The Company raised $8,646,615 through the issue of common shares and exercise of warrants and spent 
$4,175,923 on mineral exploration properties during  the nine months ended November 30, 2012. At 
November 30, 2012, the Company had assets of $9,854,746 and a net equity position of $9,232,692. This 
compares with assets of $5,262,272 and a net equity position of $4,921,496 at February 29, 2012. 
As at November 30, 2012, the Company had working capital of $9,106,385 compared to $4,508,745 as at 
February 29, 2012. The Company had cash and cash equivalents of $9,590,789 as at November 30, 2012 
compared to $4,625,093 as at February 29, 2012.