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Summary of PZG's Estimated NI 43-101 Compliant Resources

MEASURED RESOURCES
AREA Tonnes Au g/T Au Ounces Ag g/T Ag Ounces
San Miguel 6,254,000 1.25 251,000 74.0 14,841,000
Sleeper 217,483,000 0.36 2,493,000 4.09 25,583,000
Total 2,744,000 43,424,000
INDICATED RESOURCES
AREA Tonnes Au g/T Au Ounces Ag g/T Ag Ounces
San Miguel 36,860,000 0.74 872,000 53.0 62,286,000
Sleeper 109,480,000 0.28 985,000 3.42 12,024,000
Total 1,857,000 74,310,000
     
INFERRED RESOURCES
AREA Tonnes Au g/T Au Ounces Ag g/T Ag Ounces
San Miguel 58,808,000 0.38 704,000 20.0 37,988,000
Sleeper 223,924,000 0.27 1,972,000 2.84 20,459,000
Total 2,676,000 58,447,000

"Mineral resources that are not mineral reserves do not have demonstrated economic viability."

*References:
July 8, 2014, Mine Development Associates, Press Release, Updated NI 43-101 Technical Report on the San Miguel Project
July 30, 2012, Scott E Wilson Consulting Inc., SRK Consulting (Chile) S.A., Technical Report and Preliminary Economic Assessment
April 12, 2013, Metal Mining Consultants Inc., Technical Report and Preliminary Economic Assessment for the San Miguel Project
October 1, 2012, Mine Development Associates, Updated Technical Report on the San Miguel Project