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 September 30, 2011
Share Structure

 
159,785,471 Shares Outstanding
7,365,000 Options ( at 0.15 cents )
10,665,127 Warrants ( at 0.10 to 0.20 )
177,815,598 Shares Fully Diluted


Major shareholders:
Qwest Investment - 9%
Pinetree Capital - 8%
Other Institutional - 8%
Agnico-Eagle Mines - 7%
Management and Directors - 6%