Forward-Looking Statements This presentation includes certain - - PowerPoint PPT Presentation

Forward-Looking Statements

This presentation includes certain statements that express management’s expectation

• r estimates of future performance and may be deemed “forward-looking

statements”. These forward-looking statements include plans, estimates, forecasts and statements as to management’s expectations regarding the Company mining

• projects. These forward-looking statements involve assumptions, risks and

uncertainties and actual results may vary materially. For these reasons shareholders should not place undue reliance on such forward-looking information. United States residents are cautioned that some of the information that may be published by Mosquito may not be consistent with United States Securities and Exchange Commission disclosure rules and may be materially different from what the Company is permitted to disclose in the United States and therefore United States residents should not rely on such information.

• Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director
• f Mosquito is the designated qualified person for the CUMO Project, and

prepared the technical information contained in this disclosure.

• Headquartered in Vancouver, Canada
• A Mining Exploration and Development company listed
• n TSX Venture Exchange – MSQ
• Diverse Portfolio of high-return Precious and Base Metals

projects, significant exposure to gold

• Projects located in North America and Australia,

both low political risk environments

• Commitment to maintaining high percentage of

multi-element properties

• Strong, proven management team and Board of Directors

with decades of mining industry experience

Company Profile

Mosquito Gold Mine

• Mosquito Consolidated founded in 1971

as Mosquito Creek Gold Mines Ltd.

• Company put Mosquito Creek gold mine

into production in 1980

• Mosquito Creek one of the top five historic

gold producing mines in British Columbia

• Current management has been in place

since 1991

• Company actively exploring globally for over 15 years
• Company has strategically built an impressive portfolio of

projects having long-life mines, multi-elements, and multi-billion dollar resources

History of Mosquito

Mosquito’s projects are concentrated in areas of low political risk and mining-friendly environments, resulting in a portfolio of properties second to none.

Diverse Portfolio of Projects

MOLYBDENUM is known for its use in production

• f steel alloys due to its:

Strength Weld ability Corrosion resistance The uses for Molybdenum, especially in the area of environmental pollution control, are expanding on a yearly basis at a rapid rate: Major demand from huge oil pipeline infrastructure Nuclear reactor construction Ideal for severe abrasive conditions Used in sulfur scrubber towers Brewery and Piping systems Pollution control equipment

Molybdenum - The 21st Century Metal

Metal Analysts are predicting an increase in demand of 5 to 7% annually during the next decade for molybdenum with only a moderate increase in production. Demand for molybdenum is being driven by: Oil pipelines, both new and old being replaced, with an estimated demand of 500 to 600 million lbs of molybdenum Nuclear reactors and waste storage facilities that will require at least 400 to 500 million lbs of molybdenum Coal liquefaction and tar sands oil expansion requiring large amounts of molybdenum as a catalyst Increased activity in off-shore drilling for oil and gas, expected to rise 30% over 10 years Continuing high rates of industrialization in China, India, Russia and Brazil NEW USE: Agriculture shows applying 0.5 to 1lb Mo per acre improves crop yields by 30% Molybdenum is benign to environment. The entire worlds yearly production of Molybdenum would be required to cover just the USA agricultural land. Increased interest from Asia – Japan and Korea building ‘strategic’ moly inventories

Molybdenum - Supply vs. Demand

100,000 200,000 300,000 400,000 500,000 600,000 700,000

1 9 9 6 1 9 9 7 1 9 9 8 1 9 9 9 2 2 1 2 2 2 3 2 4 2 5 2 6 2 7 2 8 2 9 2 1 2 1 1 2 1 2 2 1 3 2 1 4 2 1 5 2 1 6 2 1 7 2 1 8 2 1 9 2 2 2 2 1

supply(millions lbs) Demand(millions lbs)

Low Cost producer CUMO would fill demand as by -prouct Molybdenum drops

Molybdenum - Supply vs. Demand Cont’d

Sources : Existing producers, CRU, IMOA 2006-20020, USGS

Roasting Capacity Forecasted

• Largest un-mined open pit molybdenum deposit

in the world

• Only 23% of deposit drilled to date
• Potentially the world’s lowest-cost producer and

single largest producer (80 million lbs per yr)

• CUMO deposit currently contains:

NI 43-101 confirmed

• By-products Cu, Ag ,W, Re and sulphuric

acid cover most of the production cost

• $70 billion dollars of recoverable metal
• Low strip ratio and 100% owned interest

CUMO Deposit Key Facts

billion tons 2.52 1.44 million lbs of Tungsten (W) 175.5 127.3 million ounces of silver (Ag) and 158.5 95.0 billion lbs of Copper (Cu), 3.66 2.21 billion pounds of molybdenum oxide(MoO3) 2.29 1.84 Metal Inferred Indicated

Hwy 21 Grimes Ck Placer Tailings 3 Million ozs Au Idaho City CUMO Mineralized Zone 2008 Resource

CUMO Infrastructure

5 Miles N

• 60 miles from Thompson Creek – a mine

which supports the richest county in Idaho and has won several environmental awards.

• CUMO located in one of the poorest

counties in Idaho – mine would greatly benefit county

• Extensive logging and mining throughout

the area

• Easy access using state highways and

forestry service roads

• Extensive downstream (40 km) of gold

placer tailings below project.

• Power and water accessible near site
• Boise, Idaho 35 miles away, a major

economic centre and industrial centre

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

2010 proposed Site

CUMO Project View looking South East

1500 FEET South North

Inferred > $22.50 per ton Inferred $7.50 to $22.50/ton (stockpile) Indicated >$22.50 per ton

Drill Hole Cu-Ag Cu-MoS2 MoS2 Possible final Pit Boundary

CUMO high-grade near surface - Low Strip Ratio Open Pit

CUMO Long Section

Stage 1 Pit Boundary

Undrilled Mo Zone Undrilled Cu-Mo Zone Undrilled Cu-Ag Zone

Completed Proposed Stage 3 Pit Boundary Stage 2 Pit Boundary

Indicated $7.50 to $22.50/ton (stockpile) Note: GRV Values are US$, after recoveries are included as per Giroux 2009

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

CUMO Conceptual Pit – Stage 1 – mine year: pre-strip to 1

2010 proposed Site Main Zone

Based on 150,000 tons per day case.

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

CUMO Conceptual Pit – Stage 2 – mine year: 1 to 7

2010 proposed Site Main Zone

Based on 150,000 tons per day case.

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

CUMO Conceptual Pit – Stage 3 – mine year: 7 to 16

2010 proposed Site Main Zone

Based on 150,000 tons per day case.

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

CUMO Conceptual Pit – Stage 4 – mine year: 16 to 40

2010 proposed Site Main Zone

Based on 150,000 tons per day case.

250 meters

Completed Site

2009 Indicated Resource Mineralized Zone

CUMO Conceptual Pit – Stage 5 – mine year: 40 to 50+

2010 proposed Site Main Zone

Based on 150,000 tons per day case.

• Excellent recoveries of Mo, Cu, Ag, even from low grade material
• Cleaner Concentrate Recoveries (3 cleaning stages):

Cu-Ag zone: 82.2% Mo, 63.3% Cu,71.6% Ag Cu-Mo zone: 93.7% Mo, 88.6% Cu and 80.0% Ag Mo zone : 96.2% Mo, 81.8% Cu and 58.3% Ag

• No problematic minerals such as pyrite, clay or talc.
• Straight forward flotation mill flow sheet, low reagent consumption and thus low
• perating cost.
• Preliminary tests indicate tailings are acid neutralizing (non-acid generating), which will

result in substantial cost savings and faster permitting.

• Able to produce two concentrates : Cu with Ag (>20% Cu) and Mo (>50%)
• Cu concentrate sold to smelter, Mo concentrate roasted at CUMO controlled facility.
• Preliminary Tungsten recoveries indicate 40% from concentrator and 26% from tables.

Chemical recovery techniques are being examined to replace the tables.

• By-product rhenium and sulphuric acid quantities are recoverable. 1 ton of MoS2

concentrate will produce 31 to 35 gms Rhenium and 2 tons of Sulphuric acid

Metallurgy Summary

Comparison of CUMO

Cumo and Pine Tree vs Molybdenum Deposits (based on lbs of Contained Molybdenum Oxide)

0.0 1,000.0 2,000.0 3,000.0 4,000.0 5,000.0 6,000.0 7,000.0 8,000.0 C U M O T a r g e t ( 1 5 k t p d ) E l T e n i e n t e P e b b l e t

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• v

e r a l l C u m

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$ 1 . M t H

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• n

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u p a l a S p i n i f e x r i d g e S h a f t C r e e k C h u C a j

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e P i n e T r e e ( 5 m i l l i

• n

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• n

c r e e k M i n e r a l P a r k E n d a k

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R u b y C r e e k Q u e l l a v e c

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a g i s t r a l M a x L u c k y S h i p P

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l a r Note: Cumo is a 43-101 Resource estimate Cumo Target based on 150k TPD rate and Ultimate pit design includes uncalculated blocks Pine Tree is only a conceptual target Molybdenum oxide is final product sold by operations of CUMO szie

Cumo Target and Pine Tree Target are conceptual targets based on the geology, alteration,drill holes and blocks not currently included in a 43-101 resource estimate and under section 2,3(a) of Ni instrument 43-101 are considered conceptual and there has been insufficient exploration at this time to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource

Un_mined Open Pit Other Moly Mines Cumo Target

0.05 0.1 0.15 0.2 0.25 5 10 15 20 25 30 35 40 45 50 55 60 65 70 75 80 85 90 95 100

5-Yr Average production (M lbs Mo) 5-Yr Average Grade (%Mo)

CUMO Dwarfs All Others

Climax (FCX) (on Hold)

Henderson (FCX) (Underground)

Spinifex Ridge (MOL) Endako (TC) Ruby Creek (AUA) Creston (CMS) Thompson Creek (TMO)) Mt Hope (GMO) CUMO (MSQ) 150,000 tpd Bubble Size denotes size of the current reserves/resources Green is producing mine Indicated Inferred

Notice:

As per 43-101 section 2.3(3b), the next series of slides contain the results of an independent Preliminary Economic Assessment managed by Ausenco Minerals Inc. and the following statement is required:

The preliminary assessment is preliminary in nature, and includes inferred resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the preliminary assessment will be realized.

Assumptions and qualification made in the assessment are listed. It should also be noted that the terms Ore and Stockpile are used, as defined in the Preliminary Economic assessment for the purposes of producing an economic analysis.

• Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the designated

qualified person for the CUMO Project, and prepared the technical information contained in this disclosure.

CUMO Preliminary Economics

Results from independent Ni 43-101 Preliminary Economic Assessment managed by Ausenco Minerals Inc., a world leading engineering firm.

Assumptions:

Pre-tax financial model (earnings before interest, tax, depreciation and amortization) Mine Life minimum 40 years with tonnage rates of 50,000, 100,000,150,000 and 200,000 tons per day Metal Recovery : varied according to metal zone Grade cutoffs : $0 to $7.50 waste; $7.50 to $20.00 stockpile; >$20 mill feed (ore) Strip ratio determined by pit design: four conceptual pits designed progressively getting larger Metal prices per lb MoO3 $7.5 ,$16 and $28/lb and a varied price base on a 10 year metal price cycle with a low of $7.5 and a high of $28/lb MoO3. 5% discount cash flow rate Ore is crushed near the open pit and sent by conveyor to the mill site Stockpile material is stored in close proximity to the open pit

CUMO Preliminary Economics

CUMO Preliminary Economics - Highlights

Examination of the results of the assessment, indicates that an initial production rate of 100,000 to 150,000 tons per day is best. In the future Mosquito will focus on an initial production rate of 125,000 tons per day for the first 7 years and then add an additional 50,000 tons per day of capacity. A second addition is also possible. * PIT LIFE is total tons of stockpile and ore inside the pit design divided by production rate. The current mineral resource only defines a portion of the total ore and

stockpile material within the pit designs and additional drilling is required to confirm that it is actually there.

** TMO is Technical Grade Molybdenum oxide and contains >60% Mo, which is better than by-product grade Molybdenum oxide which is below 60% Mo. 46,500 tons 69,000 tons Sulphuric Acid 1,300 kilograms 1,860 kilograms Rhenium 1.5 million 2.1 million Silver 37.5 million 53.9 million Pounds copper 43.2 million 64.1 million Pounds Molybdenum Oxide (TMO)** Metal Production/Year 169 years 113 years Total Pit Life * $2,200 million $2,800 million Startup Capital Cost $4.30/$0.58 $3.90/$0.50 Cost/lb: Molybdenum oxide/ Copper 3.0 years 2.3 years Payback Period 29% 36% Internal Rate of Return US$10 billion US$16 billion Net Present Value ((NPV 5%) 100,000 tons/day 150,000 tons/day

Net Present Value (Millions US$) versus Price per Lb MoO3 for 4 stage pit production

$12,000 $16,000 $10,000 $5,500 $4,000 $22,000 $10,000 $1,100 $27,000 $20,000 $3,000 $45,000 $27,000 $21,000 $4,500 5,000 10,000 15,000 20,000 25,000 30,000 35,000 40,000 45,000 50,000 0.00 5.00 10.00 15.00 20.00 25.00 30.00 $ per Lb $Npv(000's) 50000tpd 100000tpd 150000tpd 200000tpd 10 year Metal Cycle low $7.5/lb high $28/lb MoO3

Net Present Value: based on prices per pound Molybdenum Oxide at various production rates using a recoverable grades in Open pit designs All by-product metals included in estimates

CUMO Preliminary Economics

Internal Rate of Return versus Price per Lb MoO3 for 4 stage pit production - all elements

51.00% 36.00% 61.00% 36.00% 26.00% 19.00% 3.00% 39.00% 29.00% 9.00% 12.00% 49.00% 66.00% 55.00% 40.00% 15.00% 0.00% 10.00% 20.00% 30.00% 40.00% 50.00% 60.00% 70.00% 80.00% 0.00 5.00 10.00 15.00 20.00 25.00 30.00 $ per Lb IRR % 50000tpd 100000tpd 150000tpd 200000tpd 10 year Metal Cycle pricing low $7.5/lb high $28/lb MoO3 Internal Rate of Return: based on prices per pound Molybdenum Oxide at various production rates using a recoverable grades in Open pit designs All by-product metals included in estimates In North America anything over 12% IRR is considered for production.

CUMO Preliminary Economics

CUMO Preliminary Economics Grade Example

150,000 tpd - grades

0.040 0.050 0.060 0.070 0.080 0.090 0.100 0.110 0.120 0.130 10 20 30 40 50 60 year Recovered M

• S2 %
• ptimized_mos2

non-optimized_Mos2

pushback #1 pushback #2 Note: MoS2% has recoveries taken into account and therefore is lower than intersection grades by 6 to 10% pushback #3

Graph shows the effects on grade of mining a series of push backs versus mining a single pit. The use of push backs increases the grade at the beginning, thus giving a faster payback period and better overall economics.

CUMO Preliminary Economics Potential Improvements

• Pre-strip costs can be removed, if waste material is used to construct low impact Hydroelectric facilities.

Costs would be paid for by the Hydro project in return for guaranteed take or pay power contract.

• Mine equipment costs currently used are full price with no discount for volume. Existing examples indicate

a cost saving of 20-25% is possible by combining purchase and long term maintenance contracts.

• Tailings dam costs, a major capital cost item is currently higher than other existing and proposed tailings

facilities and needs to be studied in detail to determine actual costs.

• Mining Costs: haulage routes and truck speeds need to be optimized as the cost to mine and move waste

is two to three times more than the cost of ore. Detailed analysis needs to be done to improve these numbers and reduce costs.

• Crushing and haulage costs can be reduced by determining the best time to use in-pit crushing,

instead of near pit crushing. Highland Valley Mine uses semi-mobile in-pit crushers to reduce costs.

• Milling costs: Increasing grinding size, from the current fine grind, would substantially reduce power costs

and also the wear and tear of the mill liners and balls. This can save between $1 and $1.50 per ton.

• Ausenco recommends a detailed examination of the reagents used in the mill process. The current design

includes an expensive molybdenum collector, which may not be required and the lack of a pyrite suppressor which would improve concentrate grades, thus reducing costs.

• Detailed studies of the operating cost for the combined roaster and acid plant is required as the current

numbers are only rough estimates. Detailed examination of the assessment indicates areas to be studied that could reduce capital (25%) and mining costs ($1 to $1.50/ton) and substantially improve the economics.

• Filing of Environmental Assessment (EA) for public review and granting of permit for additional access.
• Initiate engineering studies to finalize locations for mill, tailing and waste dump sites. Contract various

engineering specialists for the tasks.

• Initiate bankable feasibility metallurgy study with 3.5 tonne bulk sample and 100 – 20 Kg variability study
• Continue water baseline studies and initiate environmental studies required for permitting production.
• Start Dialogue with local power company in regards to Hydro electric power potential.
• Start dialogue with local fertilizer companies to examine potential usages of Molybdenum in tailings for

fertilizer production.

• Start 2010 drilling program with holes designed to produce final outline of deposit for reserve

calculation/final pit designs, geotechnical drilling to determine pit wall stabilities and metallurgical holes for bulk sample.

CUMO 2010 Work and Events

Large Copper-Molybdenum porphyry deposit located between Reno and Las Vegas in Mina, Nevada Target is potential +1 billion ton Open Pit Molybdenum, Copper, Silver, Rhenium & Gallium deposit Recent Discovery in Major Nevada Mineral belt Over 20 holes to be drilled in 2008 2007 Drill intersections: Hole # 11: 1259.5 feet of 0.090% Molybdenite

• Equiv. (1.02% Copper Equiv.)

Hole #12: 1102 feet of 0.101% Molybdenite

• Equiv. ( 1.14% Copper Equiv.)

43-101 Resource Calculation scheduled for late 2009

Pine Tree Deposit Key Facts

Pine Tree Drill Plan

Target is +1 billion tons of Molybdenum, Copper, Silver, Rhenium & Gallium grade +0.6% Cu Equiv.

Pine Tree Project

Metals prices used for Copper (Cu) Equiv. : $15/lb MoO3,$1.25/lb copper , $10/oz Ag, $5/gram Re

Pine Tree Long Sections

Pine Tree Cross Section

Metals prices used for Copper (Cu) Equiv. : $15/lb MoO3,$1.25/lb copper , $10/oz Ag, $5/gram Re

Spruce Mountain Porphyry Molybdenum-Silver-Gold

• A well-known copper-molybdenum porphyry deposit with gold,

silver and rhenium by-products, located in Eastern Nevada

• Drill intersections include 170.7 meters grading 0.170% MoS2 and

105.2 meters grading 0.l35% MoS2

Spring Creek Molybdenum-Silver-Copper

• 6 unpatented claims purchased in 2007 in Spring Creek, Idaho give

Mosquito 100% undivided interest in the property

• 299 additional claims staked, covering the numerous Moly-Silver-

Copper bearing quartz veins discovered in the property area

• Mosquito will pursue the property as a high-grade underground mining
• pportunity

Additional Molybdenum Projects

Spruce Mountain Porphyry Molybdenum-Silver-Gold

• A well-known copper-molybdenum porphyry deposit with gold,

silver and rhenium by-products, located in Eastern Nevada

• Previously drilled by Amax, Freeport Minerals and Newmont,

with 26,083 feet over 29 holes

• Drill intersections include 170.7 meters grading 0.170% MoS2 and

105.2 meters grading 0.l35% MoS2

Additional Molybdenum Projects

Spring Creek Molybdenum-Silver-Copper

6 unpatented claims purchased in 2007 in Spring Creek, Idaho give Mosquito 100%

undivided interest in the property

• 299 additional claims staked, covering the numerous Moly-Silver-Copper bearing

quartz veins discovered in the property area

• Property examination by Mosquito personnel in the 2006 outlined at least

25 different quartz veins

• Some of the veins have been traced on surface for distances up to 10,000 feet and

have vertical distance in excess of 2,000 feet

• Indication of a convergence of veins to a common focal point producing a potential

large pipe-like target

• Mosquito will pursue the property as a high-grade underground mining opportunity

Additional Molybdenum Projects

Black Point Project:

• In Eureka County, Nevada, the largest gold-producing county in the U.S.
• Typical Nevada style epithermal system in the famous Battle Mountain-

Eureka Gold Belt

• Mosquito’s new interpretation of the geological setting and fluid studies point

to a typical Nevada style bonanza gold deposit

Gold Projects

Gold Projects cont’d

Brett Project:

• A Mosquito operated joint-venture gold

deposit in south-central B.C.

• Epithermal style gold mineralization with

excellent potential for low-cost production

• recent assays as high as 34 feet

grading 0.30 ounces gold/ton and 4.5 feet grading 5.14 Ounces gold/Ton

• Over $5 million spent on property

development to date

Cariboo Project:

• In the Wells-Barkerville area, epicenter of the famous Cariboo Gold Rush
• Over $25 million spent on mine development
• Currently under option to International Wayside Gold Mines Ltd.
• $3.5 million payment received 2007, Mosquito still retains 50% interest; 3.5% NSR

Red Lake Project: (optioned to Skybridge Developments Jan 2009)

• A group of patented mineral claims in Eastern Ontario located near the Goldcorp

and Campbell Red Lake mines

• The Goldcorp Mine is considered to be the richest gold mine in the world
• Previous work on the property consists of 25,994 feet of diamond drilling in 55 holes
• Proposed drilling will target the intersection of two major structural trends

Gold Projects cont’d

• Located in the Mt. Isa-Cloncurry

Area of NE Queensland, Australia’s pre-Cambrian Mineral Belt

• A prolific mineral producing area, one of

Australia’s most targeted mining regions

• Property has been the subject of

extensive geological mapping, geochemical and geophysical surveying

• 67 samples, concentrated in an area 49

hectares, showed values greater than 1.0% copper, averaging 5.91% copper and 1.85 grams of gold per ton

• Two major discoveries in the immediate

area of project announced July, 2006 Major Deposits Near Trikay

Trikay Copper-Gold Project :

Property sold to Salmon River Dec 2008

• In 2007 Mosquito acquired 100% interest in

Kirkness Diamond Drilling of Carson City, Nevada

• Kirkness was purchased for $3 million USD
• Together with its own equipment, Mosquito now has

11 drills, including underground and surface drills

• Capability of supplying a wide range of drilling services
• Mosquito now has the capacity to meet all of its own

drilling requirements

Kirkness Drilling

• Extensive further development of the CUMO project with five to six drills on site

commencing in June with on going engineering, environmental and metallurgical work that can be used in a bankable feasibility study.

• Continue discussions with potential partners for CUMO, including large mining

companies and overseas smelting companies

• Obtaining analyst coverage for the Company with a focus on the CUMO project
• Increasing awareness of the Company within the North American investment

community with an aggressive investor and public relations program

• Obtain Toronto Stock Exchange listing

Corporate Objectives for 2010

Mosquito has compiled a strong, proven management team and Board of Directors with decades of mining industry experience

William F. Jefferies, Director and Corporate Secretary Brian A. McClay, President and Chief Executive Wayne Ash, P.Eng, Director and Mining Engineer

• Dr. Matt Ball, Ph.D., P.Geo.,

Director and Sr. Geologist Shaun M. Dykes, M.Sc (Eng)., P.Geo, Director and Exploration Manager

Management

Patrick Bronson Director

• Mr. Hongxue Fu (Hong Kong)

Chairman of the Board

• Listed on Toronto Venture Exchange, trading symbol MSQ
• 61.8 million shares outstanding (as of Jan 2010)
• 79.2 million fully diluted
• Warrants: 1.54 million at $0.45 and 9.86 million at 0.30
• Market Capitalization only $90 million, with multi-billion dollar resource assets
• Excellent long-term shareholder base
• Majority of shares held by management and knowledgeable investors
• Significant institutional investor participation in last financing

Capital Structure

• Experienced Management team with a proven track record
• Diverse Portfolio of high-return Precious and Base Metals projects,

with significant exposure to gold

• Debt-free with only 60 million shares outstanding
• Company owned drilling operation ensuring all projects’ drilling needs are met
• Poised to take advantage of current metal demands
• Rapidly developing its Pine Tree project.
• Focused on CUMO, currently the world’s largest un-mined open pit

molybdenum deposit and still growing; NI 43-101 completed

• Commencing an extensive drilling program for CUMO, Summer 2010

Corporate Summary

A Diversified Mining Exploration and Development Company Developing CUMO - The World’s Largest Un-mined Open Pit Molybdenum Deposit

1616 West 3rd Ave., Suite 100 Vancouver, British Columbia Canada V6J 1K2 Telephone: 604.689.7902 Fax: 604.689.7816 Toll-Free: 1.800.667.0873 www.mosquitogold.com info@mosquitogold.com