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The Canadian (CAD) dollar is used in this report unless otherwise stated. Diamond valuations are quoted in United States dollars (US). The CAD dollar exchange rate to US dollar equivalent at the time of the diamond valuations (based on press release dates) are as follows:

  • diamond Valuation #1 February 23, 2005 US$1.00 = CAD$1.24;

  • diamond Valuation #2 March 20, 2006 US$1.00 = CAD$1.16;

  • diamond Valuation #3 November 05, 2007 US$1.00 = CAD$0.98; and

  • diamond Revaluation March 25, 2008 US$1.00 = CAD$1.02.

The exchange rate at the effective date of the report was:

  • US$1 = CAD$1.25.

    • 1.4

      GLOSSARY AND ABBREVIATION OF TERMS

“$” and “CAD$”

means the currency of Canada;

“AMEC” “ct” “ct/t” “cpht” “Company” “CIM” “CSA” “°C” “DMS” “E” “el” “FALC” “FALC-JV” “°F” “GSC” “ha” “Howe” “km“ “kV” “kVa” “LDD” “m” “mm” “M” “Ma” “masl” “Mt” “N” “NE” “NI”

NPI

means AMEC Americas Limited, an engineering consulting firm; means carat; means carats per tonne; means carats per hundred tonnes; means Shore Gold Inc.; means the Canadian Institute of Mining, Metallurgy and Petroleum; means the Canadian Securities Administrators; means degree Celsius; means dense media separation; means east; means elevation level; means Fort à la Corne; means Fort à la Corne Joint Venture; means degree Fahrenheit; means the Geological Survey of Canada means hectare; means A.C.A. Howe International Limited, a geological consulting firm; means kilometre; means kilovolts; means kilovolt ampere; means large diameter drilling means metre; means millimetre; means million; means millions of years; means metres above sea level; means millions of tonnes; means north; means northeast; means National Instrument;

means Net Profits Interest;

In this document, in addition to the definitions contained heretofore and hereinafter, unless the context otherwise requires, the following terms have the meanings set forth below.

P&E Mining Consultants Inc. NI 43-101 Technical Report No 159 Shore Gold Inc. - Star Diamond Project Resource Estimate Update

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