Disclosure, Cautionary Statements

Cautionary Statement Regarding Forward-Looking Statements

The information contained herein, while obtained from sources which we believe are reliable, is not guaranteed as to its accuracy or completeness. References are made herein to historical information containing geologic and technical information.  By its nature, this information cannot be verified. A Qualified Person has not verified the sampling, analytical, and test data underlying the historical information.  The Company has assumed that this historical information is accurate and complete in all material aspects and, while the Company has carefully reviewed all the available information, it cannot guarantee its accuracy and completeness.  The content of this presentation is for information purposes only and does not constitute an offer to sell or a solicitation to purchase any securities referred to herein.

Forward-looking statements: This presentation includes certain forward-looking statements about future events and/or financial results which are forward-looking in nature and subject to risks and uncertainties. Forward-looking statements include without limitation, statements regarding the company’s plan, goals or objectives and future mineral projects, potential mineralization, resources and reserves, exploration results and future plans and objectives of Golden Dawn Minerals. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, or “continue” or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and pre-development stage projects in particular. Potential investors should conduct their own investigations as to the suitability of investing in securities of Golden Dawn Minerals.

Cautionary Note to U.S. Investors Concerning Estimates of Measured, Indicated and Inferred Resources This presentation uses the term “Inferred” Mineral Resources. U.S. investors are advised that while such terms are recognized and required by Canadian regulations, the Securities and Exchange Commission does not recognize them. “Inferred Resources” have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. It cannot be assumed that all or any part of an inferred resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Resources may not form the basis of feasibility or other economic studies. U.S. investors are also cautioned not to assume that all or any part of an Inferred Mineral Resource exists, or is economically or legally mineable.

Forward-looking statements are subject to a variety of risks and uncertainties, which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation:

  • risks related to gold, silver, base metal and other commodity price fluctuations;
  • risks and uncertainties relating to the interpretation of drill results, and the geology, grade and continuity of mineral deposits;
  • risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses;
  • risks related to escalating project capital expense costs;
  • risks related to metallurgical characteristics of mineralization contained within the Company’s properties are yet to be fully determined, and could be a significant risk factor;
  • results of initial feasibility, prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations;
  • mining and development risks, including risks related to accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in production;
  • risks related to the ability to obtain financing needed to develop mining properties or to complete feasibility studies;
  • the potential for delays in exploration or development activities or the completion of feasibility studies;
  • the uncertainty of profitability based upon the Company’s history of losses;
  • risks related to foreign exchange fluctuations;
  • risks related to environmental regulation and liability;
  • risks associated with failure to maintain community acceptance, agreements, and permissions (generally referred to as “social licence”);
  • political and regulatory risks associated with mining and exploration; and
  • risks and uncertainties related to the Company’s prospects, properties and business strategy.

These forward-looking statements are based on certain assumptions which the Company believes are reasonable, including that:

  • current gold, silver, base metal and other commodity prices will be sustained, or will improve;
  • the proposed development of the Company’s mineral projects will be viable operationally and economically and proceed as expected;
  • all necessary government approvals for the planned exploration and development of the Company’s mineral projects will be obtained in a timely manner and on terms acceptable to the Company;
  • the Company will not experience any material accident, labour dispute or failure of plant or equipment; and
  • any additional financing needed by the Company will be available on reasonable terms.

Some of the important risks and uncertainties that could affect forward-looking statements are described in the Company’s most recently filed Annual Information Form under “Risk Factors”, which is available at the SEDAR website. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date the statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, other than as required by applicable laws. Investors are cautioned against attributing undue certainty to forward-looking statements

Mineral resources which are not mineral reserves do not have demonstrated economic viability. The estimate of mineral resources may be materially affected by environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues. It is noted that no specific issues have been identified as yet.