Carpathian Gold Inc.

Carpathian Gold Inc. is an exploration and development company whose primary business interest is developing near-term gold production on its 100% owned Riacho dos Machados Gold Project in Brazil, which is currently focusing on activities surrounding construction, along with progressing its exploration and development plans on its 100% owned Rovina Valley Au-Cu Project located in Romania. On a company wide basis, the Corporation currently hosts NI 43-101 resources of 8.1 million ounces of gold in the measured plus indicated categories and 0.9 million ounces of gold in the inferred category, as well as 1.4 billion pounds of copper in the measured plus indicated category and 97.0 million pounds of copper in the inferred category.