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Golden Star entered into an agreement with Cambior Inc. (Cambior) on June 7, 1994, granting Cambior the option to earn an undivided 50% of Golden Star’s interest in the 1994 Mineral Agreement and the Rosebel property. This agreement provided that Cambior shall exercise its option by funding approximately $6.1 million in exploration and development expenditures on the Rosebel property by June 30, 1996.

De Jong Brothers owned the Royal Hill area, which was mined manually by adits, shafts, and open cuts during the 1920s and early 1930s. Records indicate that from 1924 to 1933 the average output was 1,600 ounces of gold a year.

TEST RESULTS: Funnily enough, this is the one that really impresses my children. ‘Wow,’ gasps my 12-year-old. ‘It’s inflatable.’ Shades of bouncy castles. Not only does it self-inflate, but a valve at the top unscrews to allow air out. A good score and fresh-looking food after four hours.

A secondary aspect of the sensitivity analysis focussed on the variogram model fitted for the pillow basalt zones. An alternative shorter-range variogram model was considered, which consisted of fitting very short scale structures with a range of no more than 45 m by 45 m by 16 m for the pillow basalt zone, up to 70 m by 70 m by 9 m for the pillow basalt LG zone, and 65 m by 65 m by 10 m for the pillow basalt HG zone. The overall impact of these alternate variogram models resulted in 2% less tonnage, at 1% higher grade, for a combined impact of less than 1% reduction in overall contained metal.

Presently, the balance of the generated energy is delivered to Energy Bedrijen Suriname N.V. (EBS), the local utility company. Delivery to EBS is carried out at Paranam through a 161/33 kilovolts (kV) step down substation. Power is delivered to Paramaribo with two double-circuit transmission lines. Power demand for RGM, at the initial production was 12 – 15 MW. Afterwards, the demand was increased with the addition of generating equipment during the second year of operation. The power demand for a mining operation is relatively constant on a 24 hours per day basis.

Inventor(s): Neil Keon (Dallas, TX) Assignee(s): Airity, Inc. (Dallas, TX) Law Firm: IP Legal Services, LLC (7 non-local offices) Application No., Date, Speed: 15414594 on 01/24/2017 (567 days app to issue)

The processing rate of the Rosebel processing plant has a limit of 12.77 million tonnes per annum (Mtpa) for all rock types combined. The feed is also limited by rock hardness; which is taken into account as “Factored Tonnes”; where fresh rock has a higher factor than soft or transition. The total factored tonne limit at the mill is 8.827 Mtpa. Diluted ore tonnages were accounted for in determining the processing rate limits at plant.

Inventor(s): Chandrima Sarkar (Minneapolis, MN), Juan Li (Webster, NY), Sumit Bhatia (San Jose, CA) Assignee(s): CONDUENT BUSINESS SERVICES, LLC (Dallas, TX) Law Firm: Jones Robb, PLLC (1 non-local offices) Application No., Date, Speed: 14731445 on 06/05/2015 (1124 days app to issue)

Future dumping in the Pay Caro pits will be on the Pay Caro north and south dump. To minimize truck haul distances and reduce the environmental footprint, in-pit waste dumping may be considered in the future. Ex-pit waste dumps are illustrated in Figure 15-2.

I am a Senior Consultant (Resource Geology) with the firm of SRK Consulting (Canada) Inc. (SRK) with an office at Suite 1500, 155 University Avenue, Toronto, Ontario, Canada.

Mamakreek is on the same trend as the Koolhoven and J-Zone deposits and straddles RGM concession and Thunder Mountain concession. In 2009, 35 DD holes totalling 4,850 m and 25 RC drill holes totalling 1,675 m were completed between March and November. The majority of drilling performed was within the Thunder Mountain concession and tested known near-surface mineralization, structural targets, geochemical anomalies, and anomalous geophysical responses (magnetic and IP). Drilling identified an envelope with poorly confined, scattered quartz veins. Quartz veining generally returned low levels of gold, reducing the likelihood of resource development but mineralization remains open along strike and at depth. In 2013 and 2014, the Mine Exploration department carried out brief drilling programs in the southern part of the area where previous diamond holes were drilled (see Section 10).

That, as of the date of this certificate, to the best of my knowledge, information, and belief, Sections 6 to 12 and 14 of the Technical Report pertaining to the Saramacca Concession for which I am responsible contain all scientific and technical information that is required to be disclosed to make the technical report not misleading.