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Generally, FLI could be identified by means of statements that include, but should not restricted to, phrases comparable to "seeks", "believes", "anticipates", "plans", "continues", "budget", "scheduled", "estimates", "expects", "forecasts", "intends", "projects", "predicts", "proposes", "potential", "targets" and variations of such words and phrases, or by statements that sure actions, occasions or outcomes "may", "will", "could", "would", "should" or "might", "be taken", "occur" or "be achieved."FLI in this document could embrace, but isn't restricted to: statements regarding the outcomes of the PEA; the potential future performance of the Common Shares; future drill outcomes; the Company’s capacity to transform inferred sources into measured and indicated sources; environmental issues; stakeholder engagement and relationships; parameters and strategies used to estimate the MRE’s at Fenelon and Martiniere (collectively the "Deposits"); the prospects, if any, of the Deposits; future drilling at the Deposits; and the significance of historic exploration activities and results.FLI is designed that can assist you perceive management’s current views of its near- and longer-time period prospects, and it will not be appropriate for different functions. Accordingly, you shouldn't place undue reliance on the FLI, or data contained herein.Furthermore, should a number of of the risks, uncertainties or other factors materialize, or ought to underlying assumptions prove incorrect, actual results could range materially from those described in FLI.Assumptions upon which FLI is based, without limitation, embody: the results of exploration activities, the Company’s financial position and basic economic conditions; the ability of exploration activities to accurately predict mineralization; the accuracy of geological modelling and metallurgical testing; the flexibility of the company to complete additional exploration activities; the legitimacy of title and property interests in the Deposits; the accuracy of key assumptions, parameters or strategies used to estimate the MREs and in the PEA; the flexibility of the company to acquire required approvals; geological, mining and exploration technical issues; failure of tools or processes to operate as anticipated; the evolution of the global economic climate; steel costs; international alternate rates; environmental expectations; group and non-governmental actions; and, the Company’s means to secure required funding.

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