SASKATCHEWAN MINING FORUM

April 30, 2013

8:00

Registration and Continental Breakfast

9:00

Welcoming Remarks from Insight Information

Dr. Victor Pogostin
Insight Information

9:05

Opening Remarks from the Co-chairs

Stephen P. Halabura
Chairman
HCF Mercantile Inc.

William Nickel
Partner
McDougall Gauley LLP

9:00

Welcome Address

His Worship, Donald J. Atchison
Mayor of Saskatoon

9:45

Saskatchewan's Mineral Sector Outlook: Present and Future Plays

Dr. Gary Delaney
Chief Geologist
Saskatchewan Geological Survey
Minerals, Lands and Policy, Ministry of the Economy

• The outlook for Saskatchewan's mineral sector is positive
• Saskatchewan is not only a global leader in potash and uranium production, but also has production or potential for a variety of other minerals including coal, gold, salt, sodium sulphate, silica sand, bentonite, kaolin, base metals and rare earth elements
• Improving global markets are kindling renewed interest in exploration for a variety of minerals. At the same time, as a result of more than 2 billion dollars that has been spent on mineral exploration since 2004, several of the recent discoveries made are advancing to the pre-feasibility/feasibility stages of evaluation. New potash, uranium and gold mines are currently in development

Pam Schwann
Executive Director
Saskatchewan Mining Association

The presentation will highlight the status of mining in Saskatchewan with the focus on the key opportunities and challenges in the next two decades.

10:45

Networking Coffee Break Sponsored by

11:00-12:30

Federal and Provincial Regulatory Oversight Changes- New Assessment Process

Liz Quarshie
Deputy Minister
Saskatchewan Ministry of Environment

• An overview of the provincial context and imperatives for changing how the Ministry manages the environment
• The modernization of Saskatchewan's environmental assessment process
• How the streamlined environmental assessment process has resulted in regulatory certainty and timeliness for proponents
• How the guidance documents assist proponents through the process

Kristina Farmer
Section Leader, Prairie Region
Canadian Environmental Assessment Agency

Overview of the Canadian Environmental Assessment Act 2012 (CEAA 2012):

• Determining when CEAA 2012 applies
• Federal environmental assessment process and timelines
• Federal-Provincial cooperation mechanisms
• Integration of Aboriginal consultation within the EA process
• Environmental assessment decisions and enforcement

Jeff Paterson
Manager, Code Development Section
RBR and Code Secretariat Branch, SK Ministry of Environment

• A healthy environment and a healthy economy are not mutually exclusive
• Rapidly advancing technology, the demand for more specialized expertise and the accelerated pace of development has challenged the Ministry's ability to be as effective
• What is the desired outcome the regulated proponent needs to achieve?
• Saskatchewan's new way of protecting the regulated environment is to define the desired outcome by law and empower the operator to determine how that standard will be achieved or surpassed
• The Saskatchewan Environmental Code is just one of the Ministry's new initiatives in changing the nature of how we do business
• Divisions of the code, which are of particular interest to the mining community include air management and protection, land management and protection and waste management

12:45

Networking Luncheon

1:30-2:00

Keynote Lunch Presentation

The Honourable Tim McMillan
Minister Responsible for Energy and Resources
Minister Responsible for Tourism
Minister Responsible for Trade
Minister Responsible for SaskEnergy Inc.
Government of Saskatchewan

2:10

Is Canada's Mineral Sector Open for Business?

Kent Smith-Windsor
Executive Director
Greater Saskatoon Chamber of Commerce

• Are we better than we know?
• Are we all we can be?
• What's next?

2:40

Key Business Risks for the Mining and Metals Sector 2013

Bruce F. Sprague
Canadian Mining & Metals Sector Leader
Partner, Tax Services, Ernst & Young LLP

3:15

Networking Coffee Break

3:30

Managing World-class Resources in a Responsible Manner

Dr. Matthew Wood
Project Manager, Kronau Project
Vale Potash Canada Limited

• About Vale's Kronau Project
• Key pillars of responsible development
• Saskatchewan experience

David Waugh 
Chief Executive Officer
North Atlantic Potash

The World Needs Food, the World Needs Potash. The Hunt Continues

Last year David Waugh led us on a potash hunt in Saskatchewan, commentating along the way about the activity that has been headline news in the province for a few months. This time the focus is on a long-term, global perspective:

• What are the pros and cons of potash jurisdictions around the world?
• How do the potash operations here compare worldwide?
• What does Saskatchewan need to do to maintain its position as a global leader?

4:45

Conference Adjourns for the Day

May 1, 2013

8:15

Continental Breakfast

9:05

Opening Remarks from the Co-chairs

9:25

Developing an Effective Economic Model

Amy Stephenson
Chief Financial Officer
Goldeye Explorations Ltd.

• Life cycle of a mine
• Cyclical or volatile
• To hedge or not to hedge – a balancing act
• The longs and shorts of an effective economic model

10:15

Networking Coffee Break

10:35

Financing Environment for Mining Projects

Rob Theoret
Principal, President and Chief Executive Officer
HCF Mercantile Inc.

The presentation will review the key drivers of the Saskatchewan economy within a global context and the opportunities that continue to unfold/develop for Saskatchewan business.

11:20

Networking Luncheon

12:30 – 1:00

Keynote Lunch Address

The Honourable Jim Reiter
Minister of Government Relations
Minister Responsible for First Nations, Métis and Northern Affairs
Government of Saskatchewan

1:10

Engaging Aboriginal Peoples

Chief Reginald Reg Bellerose
Chief Executive Officer
Muskowekwan Resources Limited

Sheldon Wuttunee
President and Chief Executive Officer
Saskatchewan First Nations Natural Resources Centre of Excellence

The presentation will focus on the regulatory issues when dealing with First Nations land in Saskatchewan and their impact on decision making when corporations are seeking land to purchase for exploration.

2:45

Networking Refreshment Break

3:00

Rare Metals and Diamonds Exploration in Saskatchewan: Experiences and Lessons Learned

Garrett Ainsworth
Vice President Exploration
Alpha Minerals Inc.

• Step 1 - Field experience and data mining in the Western Athabasca Basin
• Step 2 - Radon surveys and airborne gamma spectrometer surveys
• Step 3 - Boots on the ground find large high uranium boulder field
• Step 4 - Trenching and Quaternary geology show vector to bedrock source
• Step 5 - Drill testing of up-ice geophysical targets show alteration, geochemistry and then high grade uranium mineralization

Evert Botha
Chief Operating Officer
Embee Diamonds

From Prince Albert, Saskatchewan to the world…

• Public perception and PR - raising profiles, managing expectations
• Logistics - moving people and product

George H. Read
Senior Vice President, Exploration and Development
Shore Gold Inc.

The Star – Orion South Diamond Project

• Feasibility study completed August 2011: probable mineral reserves of 279 Mt at a weighted average grade of 12.3 cpht containing 34.4 Mct at a price of US$242 per carat over the 20 year LOM, with initial capital cost payback of 5.3 years
• Robust project economics combined with proximity to infrastructure (electric power, paved highways, railroads, water and labour) in Saskatchewan
• Conservative FS assumptions create significant opportunities for upside
• Presently focused on completion of the EIS and accessing development capital

4:45

TABLE SPONSORS

Dear Colleague,

For many years Saskatchewan has been sitting atop a wealth of resources. The historical lack of development can be attributed to many factors including capital availability and capital flow, technical challenges for resource recovery, and government policies. These broad structural elements created a unique Saskatchewan "Opportunity Gap", whereby resources remained in the ground for lack of proper technology, access to capital, favorable government and tax incentives, and an entrepreneurial culture.

More recently, Saskatchewan has seen the benefit of exponential growth in its resource sector as government, established industry participants and entrepreneurs work together to remove some of the impediments that created the Opportunity Gap.

For our 3rd SASKATCHEWAN MINING FORUM Insight Information has assembled a select group of government and industry leaders and experts to help conference participants understand the elements of the Opportunity Gap and provide information and guidance on how to successfully engage in Saskatchewan's resource industry.

All the presenters are well known in the Saskatchewan resource scene, and will be sharing their insights into what it is that defines the Saskatchewan resource sector and more importantly, how one can participate in developing the Province's latent resource endowment. Participants will hear from companies presently involved with the exploration and development of those resources and also the general economic, regulatory, and financing environment related to resource projects in Saskatchewan.

Conference attendees will be able to address their questions and comments to presenters during sessions and informally during breaks, lunches as well as "one-on-one". Attendees will also be provided with information binders to assist their assessment of opportunities and to build their network of Saskatchewan contacts.

We invite you to join us at this defining Saskatchewan resource event.

Co-Chairs of the program:

Stephen P. Halabura
Chairman
HCF Mercantile Inc.

William Nickel
Partner
McDougall Gauley LLP

BRONZE SPONSOR

COPPER SPONSORS

Please note: Full payment is required in advance of conference dates. Please make all cheques payable to Insight Information.