Certificate of Completion

Thunder Bay District

85 km northwest of the City of Thunder Bay. Access travel north Ont. Prov. Hwy 527 115 km, followed by 15 km gravel road off Hwy 527

85 km northwest of the City of Thunder Bay. Access travel north Ont. Prov. Hwy 527 115 km, followed by 15 km gravel road off Hwy 527

Loading, Hauling, Placement and Shaping of 885,000 cubic meters of rock at the new South Tailings Management Facility

Date substantially performed:

2008-08-22

Date certificate signed:

2008-10-20

Name of Owner

Lac des Iles Mines Ltd.

Address of Owner

Suite 2116, 130 Adelaide St. W., Toronto, ON M5H 2P5

Name of Contractor

MLA Northern Contracting Ltd.

Address of Contractor

1230 Carrick Street, Thunder Bay, ON P7B 5P9

Parcels 2982, 2983, 2984 and 2985 Thunder Bay Leasehold, Lac des Iles Area, District of Thunder Bay