About Crew Gold Corporation

The business of the Corporation currently consists of the following ventures, each of which is described in more detail below:

(a) Lefa Corridor Gold Project in Guinea;

(b) Nalunaq Gold Mine in Greenland;

(c) Maco Gold Mine in the Philippines,

Nalunaq, Lefa and Maco are material to the Corporation as defined by Canadian National Instrument 43-101. Annualized production rates expected to be achieved for the three mining projects:

Lefa: 360,000 – 420,000 oz
Nalunaq: + - 80,000 – 90, 000 oz
Maco: 50,000 oz

(d) Exploration projects located in Greenland, Ghana, Norway and the Philippines.

Crew has 23 employees in Weybridge, United Kingdom who provide technical, financial, and administrative and management expertise to the global group. In addition, Crew employs 50 people in Greenland of whom 25 are directly employed by service contractors, 824 people in Guinea of whom 535 are directly employed by service contractors, and 1,955 people in the Philippines of whom 838 are employed by service contractors.