Gold occurrences at the West Pequop Project, Elko County, Nevada

TheWest Pequop property is the site of the original discovery of sediment-hosted
gold deposit in the Pequop Mining District in northeasternNevada. The property consists
of 1,361 unpatented lode claims and 1,280 acres of mineral rights in the northern
Pequop Range of eastern ElkoCounty. Agnico-Eagle (USA) Limited is the operator of
a joint venture with AuEx Ventures, Inc.