Code of Ethics

As a company we have many responsibilities to consider and honour while pursuing our goal to increase shareholder value. We are responsible to our shareholders, our partners, the societies and communities in which we work, and to the environment in which we all live.

Corporate Responsibility

As a company we have many responsibilities to consider and honour while pursuing our goal to increase shareholder value. We are responsible to our shareholders, our partners, the societies and communities in which we work, and to the environment in which we all live.

Ethical

We meet the regulatory requirements of Ethics and Certification for compliance and have a privacy policy not to share or redistribute the private information of our shareholders. We encourage a corporate culture of mutual respect amongst all of our employees, with contractors, suppliers, land owners, and in the communities that we operate in for open, honest dialogue, transparent and fair dealing in all of our business.

Safety

In our instructions and directions to our employees and contractors we ensure that safety is paramount. We ensure that our employees are experienced in the environment where they perform their duties. We ensure that they have the tools to do their work in a safe and miner-like manner. We ensure that drilling and other contractors are professionally staffed and take responsibility for the safety of their crews and the environment of the properties we operate on. As an exploration and development operator we believe that we have an obligation to exceed the standards and guidelines set out for the protection of the environment and the reclamation of our workings.

Corporate

We endeavor to exceed the letter, spirit and intent of the standards set out for corporate governance of the company, independence of the Board of Directors, and the mandated audit and compensation committees of the Board. Our professional standards for quality control of assay data exceed those required by Canadian National Instrument 43-101 and are amongst the best in the industry. We also work towards exceeding the minimum disclosure of information by the qualified person in a fair and balanced way on exploration projects and in terms of property agreement details and the exploration results.

Code of Ethics for Chief Executive Officer and Chief Financial Officer

The Chief Executive Officer and Chief Financial Officer are responsible for full, fair, accurate, timely and understandable disclosure in the periodic reports required to be filed by the Company with the U.S Securities and Exchange Commission, British Columbia Securities Commission, and the Toronto Stock Exchange. Accordingly, it is the responsibility of the CEO and the CFO to promptly bring to the attention of the Disclosure Committee (or in the event that the Company has not established a Disclosure Committee, to the Board of Directors) any material information of which he or she may become aware that affects the disclosures made by the Company in its public filings or otherwise assist the Disclosure Committee in fulfilling its responsibilities.

The CEO and CFO shall promptly bring to the attention of the Disclosure Committee and the Audit Committee any information he or she may have concerning (a) significant deficiencies in the design or operation of internal controls which could adversely affect the Company’s ability to record, process, summarize and report financial data or (b) any fraud, whether or not material, that involves management or other employees who have a significant role in the Company’s financial reporting, disclosures or internal controls.

The CEO and CFO shall promptly bring to the attention of the General Counsel or the CEO and to the Audit Committee any information he or she may have concerning any actual or apparent conflicts of interest between personal and professional relationships, involving any management or other employees who have a significant role in the Company’s financial reporting, disclosures or internal controls.

The Board of Directors shall determine, or designate appropriate persons to determine, appropriate actions to be taken in the event of violations of these procedures by the CEO and the CFO. Such actions shall be reasonably designed to deter wrongdoing and to promote accountability for adherence to these procedures, and shall include written notices to the individual involved that the Board has determined that there has been a violation, censure by the Board, demotion or re-assignment of the individual involved, suspension with or without pay or benefits (as determined by the Board) and termination of the individual’s employment. In determining what action is appropriate in a particular case, the Board of Directors or such designee shall take into account all relevant information, including the nature and severity of the violation, whether the violation appears to have been intentional or inadvertent, whether the individual in question had been advised prior to the violation as to the proper course of action and whether or not the individual in questions had committed other violations in the past.