The information in this report that relates to exploration results, mineral resources or ore reserves is based on information compiled  by Mr Mark Calderwood, who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Calderwood is a director and  full-time employee of the Company. Mr Calderwood has sufficient experience, which is relevant to the style of mineralisation and  type of deposit under consideration and to the activity which he is undertaking, to qualify as a Competent Person as defined in the  2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’”) and to qualify as  a “Qualified Person” under National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr Calderwood  consents to the inclusion in this report of the matters based on his information in the form and context in which it appears. For a  description of Perseus’s data verification process, quality assurance and quality control measures, the effective date of the mineral  resource and mineral reserve estimates contained herein, details of the key assumptions, parameters and methods used to estimate  the mineral resources and reserves set out in this report and the extent to which the estimate of mineral resources or mineral reserves  set out herein may be materially affected by any known environmental, permitting, legal, title, taxation, socio-political, marketing or  other relevant issues, readers are directed to the technical report entitled “Technical Report – Central Ashanti Gold Project, Ghana”  dated May 30, 2011 and the technical report entitled “Technical Report – Tengrela Gold Project, Ivory Coast” dated December 22,  2010 in respect of the Central Ashanti Gold Project and the Tengrela Gold Project, respectively. 1) Person Statement 2) Competent Person Statement 14 WEST AFRICA’S NEWEST LARGE GOLD PRODUCER