This presentation includes certain statements that may be deemed “forward-looking statements.” All statements in this discussion, other than statements of historical facts, which address future production, reserve potential, exploration activities and events or developments that New Ruby Mining Corp. (“New Ruby” and the “Company”) expects, are forward-looking statements. Such forward-looking statements include, without limitation: (i) estimates of future gold and silver prices, supply, demand and/or production; (ii) estimates of future cash costs; (iii) estimates of future capital expenditures; (iv) estimates regarding timing of future development, construction, production or closure activities; (v) statements regarding future exploration results; (vi) statements regarding cost structure, project economics, or competitive portion, and; (vii) statements comparing the Houdon Mine, Ellison Mine, or Spring Creek Mine to other mines, projects or metals. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results to differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitations and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance, that the Company expressly disclaims any responsibility for revising or expanding the forward-looking statements to reflect actual results or developments, and that actual results or developments may differ materially from those projected, in the forward-looking statements.
All non-compliant historical resource estimates presented in this presentation are historical and were prepared before the introduction of National Instrument 43-101 – Standard of Disclosure for Minerals Projects (“NI 43-101”). These resource estimates may not be relied upon until they are confirmed using methods and standards that comply with those required by NI 43-101. The potential for the exploration target to replicate the historical resource, or to reach the indicated range of tonnages, is conceptual and is based on historical reports, which cite approximate lengths, widths, depths, grades, and projections of the historical resources. Readers are cautioned that a qualified person has not completed sufficient exploration, test work or examination of past work to define a resource that is currently compliant with NI 43-101. The Company further cautions that there is a risk that exploration and test work will not result in the delineation of such a currently compliant resource. Neither the Company nor its personnel treat the historical resource estimate or the historical data as defining a current mineral resource, as defined under NI 43-101, nor do they rely upon the estimate or the data for evaluation purposes; however, these data are considered relevant and will be used to guide exploration as the Company develops new data to support a current mineral resources estimate in accordance with the requirements of NI 43-101.