Breakthrough SubSea Mining For Profitable Offshore Gold Recovery  Massive gold accumulation over thousands of years offshore Nome, Alaska; the result of glacial activity  Millions of dollars invested and numerous studies over decades prove gold resource  Problem: current recovery methods limited by process, separation technology and weather  Solution: our innovative technology provides exponential breakthrough in gold recovery  ROI: 3X return on principal to investors Market Opportunity Rising gold prices since 2000 have driven mining of the known gold resource off Nome. Operations using suction dredges and industrial scale backhoes are already recovering gold:  Past investments in drilling programs by multiple companies prove gold reserves  Geologists can extrapolate drill results to estimate available gold resources  2011: Alaska auctions almost 24,000 acres via 84 lease tracts  Resource across the total lease area estimated to be 1-4 million troy ounces The Problem: conventional dredging technology has significant limitations.  Subject to “under-mining” and “over-mining;”  Limited to surface-based equipment with processing constraints;  Backhoe excavators on barges or surf crawling: limited by cycle/recovery time, inefficient separation capacity and adverse weather constraints  Expensive core sampling process prohibits investment - results in “Hunt and Peck” methodology. Our Solution: a better design/economic model: Remote Operated Subsea Mining Vehicles (ROSMV) – using off-the-shelf technology – for near shore mining: - Beach-launched, ROSMV combines mechanical cutting with suction dredging. - A second remote-operated core sampling vehicle operated from the beach to facilitate acquisition of multiple core samples – data used to direct mining plan; This is the only technology that can literally be programmed to mine the seabed with "lawn mower effectiveness." Our ROSMV technology re-invents offshore gold mining