LEGAL DISCLAIMER

We are in the mineral exploration and development business. It is inherently risky, and all potential investors should be keenly aware of this.

This presentation contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that PowerOre Inc. believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding the estimation of mineral resources, exploration results, potential mineralization, potential mineral resources and mineral reserves) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or “project” or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond PowerOre Inc.’s ability to control or predict, that may cause the actual results of the project to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, failure to establish estimated mineral resources, the possibility that future exploration results will not be consistent with PowerOre Inc.’s expectations, changes in world gold markets and other risks disclosed to the Canadian provincial securities regulatory authorities. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, PowerOre Inc. disclaims any intent or obligation to update any forward-looking statement.

Cautionary Statement Regarding Historical Resources

The reader is cautioned that neither PowerOre Inc. has undertaken any independent investigation of the dimensions, quantity or grade of the gold mineralization referred to above, therefore this historical data should not be relied upon. PowerOre Inc. views this historical data as a conceptual indication of the potential size and grade of the gold deposits in the area, and this data is relevant to ongoing exploration efforts. In view of when the resources were estimated and the differences in metal price and operating costs prevailing at the time compared to today.

PowerOre Inc. does not consider the resource to be compliant with respect to requirements of NI43-101. PowerOre Inc. does not treat any of the historical resources as Current mineral resources or mineral reserves

The technical information contained in this PowerOre Presentation has been reviewed and approved by Charles Beaudry, P.Geo, Director and Vice President Exploration for PowerOre, who is a Qualified Person as defined in “National Instrument 43-101, Standards of Disclosure for Mineral Projects.” All currency numbers are in $CAD unless otherwise stated.