::REUNION ::GOLD ::CORPORATION........

REUNION GOLD CORPORATION Aktie ISIN: CA76131P1062Symbol: RGDFF buran  

Datum Erster Hoch Tief Schluss     Stücke Volumen
06.05.13 0,187 0,187 0,187  0,187 $ 100 19
GrB  

Zeit  Kurs  Stück  
19:47:03 0,182 $  800  
19:45:21 0,171 $  1.000
___________________

...verstehste ..buran  

Datum Erster Hoch Tief Schluss     Stücke Volumen
14.05.13 0,181 0,181 0,181  0,181 $ 15.000 2.715
GrB  

Zeit  Kurs  Stück  
15:30:01 0,182 $  5.000

..gekauft und gebongt  

0,182 $ +0,55% +0,001 $ , 15.05.13 , GrB  

Datum Erster Hoch Tief Schluss     Stücke Volumen
29.05.13 0,148 0,148 0,148  0,148 $ 58.000 8.584
GrB  

7.911 DAX JOLLYPUNKTE / GrB  

Du liebst den Lichterglaqnz der grossen Stadt ..hast das Bauernleben satt ..drum bleibe hier bei mir meine Gloria ..ich das buran zeige Dir mein glitzernd Reich ..gib mir einfach Deine Hand und folge mir

die aktuelle Breife::  ..Tradegate 0,103 €..Frankfurt 0,104 €

GLORIA & buran
 

hamse bei uns inne Sozialstation ne 76 jährige zusammengeledert ..schon harte Burschen da die Pflegers

hier mal die BLAULICHTfahrt in grün::: 0,085 € +10,39% +0,008 € Frankfurt / RT

buran,Der Börsen Pfleger vonne Sozialstation  

::::www.reuniongold.com

....und den RTK::: 0,074 €,GrB  

August 21, 2013  Reunion Gold files Technical Report

July 12, 2013  Reunion Gold announces mineral reserves and positive pre-feasibility study for its Matthews Ridge Manganese Project

June 21, 2013  Reunion Gold files its annual financial statements and provides an update on its activities

April 08, 2013  Reunion Gold files Technical Report

February 27, 2013  Reunion Gold retains investor relations firm

February 21, 2013  Reunion Gold announces a significant resource estimate for its Matthews Ridge Manganese Project

February 13, 2013  Reunion Gold provides an update on its Matthews Ridge Project including results at Pipiani and Arakaka


http://www.reuniongold.com/s/...asp?DateRange=2013/01/01...2013/12/31 GrB  

CorporateCorporate Information
Directors & Officers
Corporate GovernanceCorporate InformationReunion Gold Corporation:
Website: http://www.reuniongold.com
Email: info@reuniongold.com
Administrative Office: 1111 St-Charles West
West Tower, Suite 101
Longueuil, Quebec, J4K 5G4
Phone: 450.677.2585
Toll Free 1-855-677-4826
Fax: 450.677.2601

Registered Office: Reunion Gold Corporation
181 Bay Street,
Suite 4400
Toronto, Ontario, M5J 2T3

Exploration Office: Reunion Manganese Inc.
Roraima Tower
Ogle International Airport
Ogle, East Coast Demerara
Guyana

Stock Info:
TSX Venture: RGD
CUSIP: 76131P

Transfer Agent and Registrar:
Computershare Investor Services Inc.
100 University Avenue - 9th Floor
Toronto, Ontario, M5J 2Y1
Toll-Free: 1.800.564.6253
T: 416.263.9200

Auditor:
Raymond Chabot Grant Thornton
Suite 1900, National Bank Tower
600 De La Gauchetiere Street West
Montreal, Québec H3B 4L8

Year-end: March 31

Investor Relations: James Crombie
Email: info@reuniongold.com
http://www.reuniongold.com/s/...8895&_Title=Corporate-Information  

Corporation

This Charter shall govern the activities of the audit committee (the "Audit Committee") of the board of directors (the "Board of Directors") of Reunion Gold Corporation (the "Corporation").

Mandate

The purpose of the Audit Committee is to provide assistance to the Board of Directors of the Corporation in fulfilling its responsibility to the shareholders, potential shareholders and the investment community with respect to corporate accounting, the quality and the integrity of the Corporation's financial reporting practices, the external auditor's qualifications and independence and the audit process. In so doing, it is the responsibility of the Audit Committee to ensure free and open communication between the directors of the Corporation, the external auditors and the financial management of the Corporation.

The function of the Committee is oversight. Management is responsible for the preparation, presentation and integrity of the Corporation's financial statements and for the appropriateness of the accounting principles and reporting policies that are used by the Corporation. The external auditors are responsible for auditing the Corporation's annual financial statements and for reviewing the Corporation's interim financial statements.

Composition

The Audit Committee is to be composed of a minimum of three directors of the Corporation, the majority of whom are not employees, control persons or employees of the Corporation or any of its associates or affiliates (as defined by applicable laws, regulations, rules and policies). Each member of the Audit Committee shall be financially literate and at least one member shall have expertise in financial reporting. The Audit Committee will meet at least four times a year, with the authority to convene additional meetings as circumstances require. The members of the Audit Committee shall be appointed by the Board of Directors annually at the first meeting of the Board of Directors following the annual meeting of the shareholders or until their successors are duly appointed. The Board of Directors shall designate one member to act as chair of the Audit Committee (the "Chair") or, if it fails to do so, the members of the Audit Committee shall appoint the Chair among its members.

Responsibilities

In carrying out its responsibilities, the Audit Committee believes its policies and procedures should remain flexible, in order to best react to changing conditions and to ensure that the accounting and reporting practices of the Corporation are in accordance with all requirements and are of the highest quality.

In carrying out these responsibilities, the Audit Committee will:


•Be responsible for reviewing and recommending for approval to the Board of Directors the Corporation's annual and quarterly financial statements and related management's discussion and analysis. Included in this review is assessing the use of management estimates in the preparation of the financial statements. The Audit Committee is responsible for ensuring that systems are in place to limit the potential for material misstatement in the financial statements and that the financial statements are complete and consistent with information known to the Audit Committee;

•Recommend to the Board of Directors the external auditors to be put before the shareholders for appointment and approve the fees and other compensation to be paid to the external auditors;

•Meet with the external auditors and financial management of the Corporation to review the scope of the proposed audit for the current year and the audit procedures to be utilized, and at the conclusion thereof review such audit, including any comments or recommendations of the external auditors;

•Oversee the work of the external auditor including the resolution of disagreements between management and the external auditor regarding financial reporting;

•Review with the external auditors, the Corporation's financial and accounting personnel, the adequacy and effectiveness of the accounting and financial controls and systems of the Corporation, and elicit any recommendations for the improvement of such internal controls procedures and systems or particular areas where new or more detailed controls or procedures are desirable. Particular emphasis should be given to the adequacy of such internal controls to expose any payments, transactions or procedures that might be deemed illegal or otherwise improper. Further, the Audit Committee periodically should review the Corporation's policy statements to determine their appropriateness. Any changes in accounting policy should be reviewed by the Audit Committee.

•Review the annual financial statements, the management's discussion and analysis of financial condition and results of operations and related documents with both management and external auditors prior to the filing and distribution of all such information.

•Review with management the interim financial statements and related documents prior to filing or distribution of such information.

•Review, prior to their distribution, the Corporation's press releases regarding interim and annual financial statements and management's discussion and analysis as well as news releases that contain significant financial information that has not previously been released to the public.

•Provide sufficient opportunity for the external auditors to meet with the members of the Audit Committee without members of management present. Among the items to be discussed in these meetings are the external auditors' evaluation of the Corporations financial, accounting personnel, and the cooperation that the external auditors received during the course of the audit.

•Pre-approve all non-audit services to be provided to the Corporation or its subsidiaries by the external auditors.

•Review and provide recommendation to the Board of Directors in the area of management systems and policies.

•Review accounting and financial human resources succession planning within the Corporation.

•Establish and review the Corporation's procedure for the: - receipt, retention and treatment of complaints regarding accounting, financial disclosure, internal controls or auditing matters; and - confidential, anonymous submission by employees regarding questionable accounting, auditing and financial reporting and disclosure matters. ?? Submit the minutes of all meetings of the Audit Committee to, or discuss the matters discussed at each Audit Committee meeting with, the Board of Directors.

•Conduct and authorize investigate into any matters that the Committee believes within the scope of its duties. The Committee has the authority to retain outside advisors, including legal counsel, to assist it, as it considers necessary, to carry out its duties, and to set and pay the compensation of such advisors at the expense of the Corporation;

•The Audit Committee members will review their own performance on a continual basis and make recommendations to the Board of Directors for changes to this Audit Committee Charter and the composition of the Audit Committee.

•Have the right for the purpose of performing its duties to inspect all the books and records and any matters relating to the financial position of the Corporation with the officers, employers or external parties, including the external auditor, all of whom are expected to cooperate.
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=115768  

OF BUSINESS CONDUCT AND ETHICS


INTRODUCTION

This Code of Business Conduct and Ethics (the "Code") has been adopted by the Board of Directors of Reunion Gold Corporation (the "Company"). This Code covers a wide range of business practices and procedures. It does not cover every issue that may arise, but it sets out basic principles to guide all employees and directors of the Company. In this document, the term "Company" refers to Reunion Gold Corporation and its subsidiaries.

Obeying the law, both in letter and in spirit, is the foundation on which this Company's ethical standards are built. All of the Company's employees and directors must conduct themselves accordingly and seek to avoid even the appearance of improper behavior. All employees, officers and directors are expected to adhere to the principles contained in this Code. Consultants and contractors retained by the Company are also expected to conduct themselves in accordance with the principles of this Code in their activities relating to the Company. The employee or director retaining the services of a consultant or contractor should take all responsible steps to prevent the violation of this Code by such consultant or contractor.
Employees and directors will be held accountable for their adherence to this Code. Failure to observe the terms of this Code may result in disciplinary action, including suspension, termination of employment or removal from the Board of Directors. Furthermore, violations of this Code may be violations of the law and may result in civil and criminal liabilities.

COMPLIANCE WITH LAWS

Compliance with all applicable laws and regulations is essential to the conduct of the Company's business.

CONFLICT OF INTEREST

In discharging their duties, employees and directors must act honestly and in good faith having in view the best interest of the Company. A "conflict of interest" exists when a person's private interests interfere with the interests of the Company. All employees and directors must avoid situations involving a conflict of interest unless it has been approved by the Board of Directors of the Company. In particular, any activity which would allow an employee, a director, or a member of their immediate family, to enjoy personal gain or benefit as a result of their relationship with the Company would be considered a conflict of interest.

CORPORATE OPPORTUNITIES

Employees and directors have a duty to advance the Company's legitimate interests when the opportunity to do so arises. Employees and directors are prohibited from taking for themselves personally opportunities that are discovered through the use of corporate property, information or position without the consent of the Board of Directors. No employee or director may use corporate property, information, or position for improper personal gain, and no employee may compete with the Company directly or indirectly.

PROPER ACCOUNTING

Employees and directors must comply with prescribed accounting, internal accounting, and auditing procedures and controls at all times. All records must accurately reflect and properly describe the transactions they record. All assets, liabilities, revenues and expenses shall be properly recorded on a timely basis in the books of the Company. Each employee must be vigilant in preventing fraud and dishonesty, and report immediately any evidence of wrongdoing.

INSIDER TRADING

Generally, Canadian securities laws prohibit trading in the securities of a company while in possession of material, non-public information regarding such company. The Company and its employees and directors are subject to such laws and regulations. As a result, employees and directors shall not buy or sell Company's stock or make recommendations regarding it based upon insider information. Insider information is material information that is not generally known by those outside the Company that could affect the value of the Company's stock.

CONFIDENTIAL INFORMATION

Employees and directors may not directly or indirectly use or disclose any secret or confidential knowledge or data of the Company, except as authorized in their ordinary course of employment or as required by law. Any notes, memoranda, notebooks, drawings or other documents made, compiled or delivered to employees during the period of their employment are the exclusive property of the Company and must be turned over to it at the time of termination of their employment or at any other time upon the Company's request. Additionally, while it is appropriate to gather information about the Company's markets, including publicly available information regarding competitors, employees and officers should not seek to acquire proprietary and confidential information of competitors by unlawful or unethical means, including information resulting in the breach of nondisclosure obligations by competitors' employees or other third parties.

PROTECTION AND PROPER USE OF COMPANY ASSETS

All employees, officers and directors should endeavor to protect the Company's assets and ensure their efficient use. The use of any funds or other assets of, or the providing of any services by, the Company for any purpose which is unlawful under applicable laws of the United States, any state thereof, or any foreign jurisdiction, is prohibited. Employees, officers and directors may not use employees, materials, equipment or other assets of the Company for any unauthorized purpose.

Employees ceasing employment with the Company shall return all documents, or data belonging to the Company such as computer hardware and software, database, cellular phones, credit card, books, etc.

INVENTIONS, DEVELOPMENTS, IMPROVEMENTS

Any inventions, developments or improvements which are conceived by employees during their period of employment by the Company must be promptly disclosed to the Company in writing, and will in most cases be the Company's exclusive property. Inventions which were developed on an employee's own time and are not related to the Company's business or research would not be the Company's property.

HARASSMENT OR DISCRIMINATION

The Company is committed to encouraging the respect of individuals, their integrity and their dignity by ensuring that the working environment and relations between employees shall be free of discrimination and harassment.

ENVIRONMENTAL RESPONSIBILITY

All employees and directors are required to comply with all applicable federal, state and local laws and regulations relating to the protection of the environment. Additionally, employees, officers and directors must comply with all environmental policies adopted by the Company.

COMPLIANCE AND REPORTING

The Company expects employees and directors to take all responsible steps to prevent a violation of this Code. Any employee or director who observes or otherwise becomes aware of any illegal, unethical behavior or any violation of the Code shall report the violation as soon as reasonably possible.

Employees are encouraged to talk to supervisors, managers or other appropriate personnel when in doubt about the best course of action to take in a particular situation. Employees may also contact the Company's in-house legal counsel. It is the policy of the Company not to allow retaliation for reports of misconduct by others made in good faith by employees. Employees and directors are expected to cooperate in internal investigations of misconduct. These matters will be treated with discretion and diligence.

Employees who experience or observe any breach to this Code including work related discrimination, harassment or similar problems are urged to report them to Chairman of the Board.

If your concerns relate to the conduct of the Chief Executive Officer or any other senior executive or financial officer, you may also report your concerns to the Chairman of the Board.

In the case of accounting, internal accounting controls or auditing matters, you should promptly contact the Chair of the Audit Committee or the Chairman of the Board. If you prefer to report anonymously any concerns regarding accounting, internal accounting controls, and other auditing matters, the Company has established an internal Whistleblower Policy, a copy of which is attached to this Code as Exhibit A. If you wish to report an allegation anonymously, you must provide enough information about the incident or situation to allow the Company to investigate properly.

CONTRACT WORKERS

The Company considers that the compliance obligations arising out of this Policy apply not only to employees of the Company, but also to independent contract workers to the extent that they conduct activities on the Company's behalf. The Company therefore expects all such contractor personnel to familiarize themselves with this Policy, and to comply with it, in the same manner as is expected of Company employees

WAIVERS OF THE CODE

Every effort will be made to resolve potential conflicts of interest or other ethics code situations when these are disclosed promptly to management, and the parties involved have acted in good faith. In the unlikely event potential conflicts cannot be resolved, waivers will only be given for matters where appropriate. Any waivers for executive officers and directors must be approved, in advance, by the Board of Directors, and will be promptly disclosed if required by law or stock exchange regulation.

ANNUAL CERTIFICATION

Each employee and director will be required to certify on an annual basis that he or she has read this Code and is in compliance.

EXHIBIT A

WHISTLEBLOWER POLICY

I   Purpose
The purpose of this policy is to establish procedures for the receipt, retention and treatment of complaints received by Reunion Gold Corporation (the "Company") regarding accounting, internal accounting controls, auditing matters and (b) the submission by employees of the Company, on a confidential and anonymous basis, of concerns regarding questionable accounting and auditing matters. This Policy was approved by the Audit Committee of the Company.

This policy protects any employee who in good faith submits any complaint to the Chair of the Audit Committee or the Chairman of the Board, regarding financial statement disclosures, accounting, internal accounting controls or auditing matters in accordance with the procedures set out below or in the Code of Business Conduct and Ethics.

II   Complaint Procedure
The Company's Code of Business Conduct and Ethics provides that employees may report any concerns or complaints regarding accounting, internal accounting controls or audit related matters to the Chair of the Audit Committee or the Chairman of the Board of Directors (the Chair of the Audit Committee and the Chairman of the Board are hereinafter referred to as the "Chair").

Such concerns and/or complaints may be communicated anonymously if desired. If you prefer to report an allegation anonymously, you must provide enough information about the incident or situation to allow the Chair to investigate properly. All such concerns shall be set forth in writing and forwarded in a sealed envelope to the Chair of the Audit Committee or the Chairman of the Company in an envelope labeled with a legend such as "To be opened by the Chair of the Audit Committee (or the Chairman of the Company) only, being submitted pursuant to the "Whistleblower Policy" adopted by the Board of Directors". If any such envelope is received by the management, it shall be forwarded promptly and unopened to the Chair.

If to: Chair of Audit Committee of Reunion Gold Corporation:
1111 St-Charles Street West, West Tower Suite 101
Longueuil, QC J4K 5G4
If to: Chairman of the Board of Reunion Gold Corporation
1111 St-Charles Street West, West Tower Suite 101
Longueuil, QC J4K 5G4

Following the receipt of any complaints submitted hereunder, the Chair shall promptly investigate each matter so reported. The Chair may enlist employees of the Company and/or outside legal, accounting or other advisors, as appropriate, to conduct any investigation of complaints regarding financial statement disclosures, accounting, internal accounting controls, auditing matters or violations of the Company's Code of Business Conduct and Ethics. In conduction any investigation, the Chair shall use reasonable efforts to protect the confidentiality and anonymity of the complainant. If appropriate, the Chair may take corrective and disciplinary actions, which may include, alone or in combination, a warning or letter of reprimand, demotion, loss of merit increase, bonus or stock options, suspension without pay or termination of employment. It is the obligation of all employees or directors to cooperate in such investigations.

In the event that the investigation reveals that the complaint was frivolously made or undertaken for improper motives or made in bad faith or without a reasonable and probable basis, that complainant's supervisor may take whatever disciplinary action may be appropriate in the circumstances.

The Chairman shall retain as a part of the records of the Audit Committee any such complaints or concerns for a period of no less than seven (7) years.
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=146694  

SAFETY, ENVIRONMENT AND SUSTAINABILITY POLICY


Reunion Gold Corporation ("RGD") affirms its conviction that sustainable development can only be achieved through the respectful use of natural resources. It is committed to helping its employees and contractors continuously improve the integration of environmental protection and safe work practices issues into all their activities.

As part of its commitment, RGD will ensure that all of its activities are in compliance with applicable environmental and safety laws and regulations.

RGD's employee handbook focuses on the implementation by all workers, contractors and providers of this policy.

RGD applies best management practices to prevent, minimize and mitigate any environmental impact resulting from its activities.

RGD implements key safety programs and training on health and safety for all employees, including special training for emergency response. Its goal is to achieve a ZERO incident work environment by promoting and implementing a safety culture.

Health and Safety

• RGD believes that the health and safety of its workers is fundamental to its business operations and requires all persons to whom this policy applies to adhere to health and safety procedures, and to strive to achieve an incident and accident-free work environment, on site and off.

• Safe work procedures must be observed by all RGD contractors, and it is the duty of supervising personnel to ensure this takes place. Safe work procedures include compliance with all aspects of RGD's health, safety, and environmental standards.

• All staff are expected to extend a duty of care to their colleagues, and should notify those involved if they observe any failure or risk of failure to observe RGD's safe work procedures.

• RGD will adopt an Employee Handbook for each area in which it operates that will contain details of safety procedures for the Company's operations. All personnel will be expected to have familiarized themselves with these procedures before carrying out any Company work.

Environment

• RGD is committed to compliance with all applicable environmental and safety laws and regulations.

• RGD understands that local laws where it operates may be less stringent than in other jurisdictions such as Canada, and RGD will take a leadership and stewardship role in respect of environmental protection and sustainability through the use of modern exploration technologies and management practices.

• RGD will observe reasonable best practices and adopt technologies that minimize impacts on the environment and enhance environmental quality.

• RGD recognizes leading-edge environmental management is a core business activity, alongside outstanding mineral development and production operations.

• RGD will provide resources, personnel, and training to support its environmental policy, and will educate all employees and contractors to be aware of this environmental policy and their involvement in its implementation.

Sustainability

• RGD is committed to sustainability, as expressed in the following core values and principles:


   - Using energy and other resources efficiently in operations

   - Ensuring that resources are re-used and recycled and waste is minimized

   - Ensuring that operations do not introduce additional or unwarranted risk into communities or the environment

   - Ensuring that the environment in the areas of its operations is remediated and restored as necessary to return RGD       lands to productive land uses

   - Maintaining open communications and cooperative working relationships with government, local communities and       other stakeholders in the area of RGD's operations, so as to understand local concerns and be able to address these       appropriately

   - Ensuring that social benefits to communities in which RGD operates, such as improvements to infrastructure, public       health and education, are identified early and are tailored to be of lasting use to the entire community

   - Conducting its business and operations in accordance with high ethical standards and with transparency
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=537676  

GOLD CORPORATION

Mandate of the Environmental, Health, and Safety Committee

Purpose

1.  The environmental, health, and safety committee (the "Committee") is appointed by the board of directors (the "Board")      of Reunion Gold Corporation (the "Company") to assist the Board in fulfilling its responsibilities related to      environmental, health and safety matters concerning the Company.

Composition

2.  The Committee will be composed of three or more directors as designated by the Board.

3.  The chair of the Committee will be designated by the Board from among the Committee members.

4.  At least one member of the Committee will be a non-executive director.

Meetings

5.  The Committee will meet at least annually and otherwise at the discretion of the chair or a majority of its members.

6.  A majority of the members of the Committee constitutes a quorum.

7.  The time and place at which meetings of the Committee are to be held, and the procedures at those meetings, will be  determined by the Committee. A meeting of the Committee may be called by notice given at least 48 hours in advance by means of telephone, facsimile, email, or other communication equipment, provided that no notice of a meeting will be necessary if all of the members are present either in person or by means of conference telephone, or if those absent have waived notice or otherwise indicated their consent to the holding of the meeting.

8.  Committee members may participate in a meeting of the Committee by conference telephone or other communication equipment by means of which all persons participating in the meeting can hear each other, and participation in a meeting pursuant to this section will constitute presence in person at the meeting.

9.  The Committee will keep minutes of its meetings which will be available for review by the Board.

10.  The Committee may appoint any person, who need not be a member, to act as the secretary at any meeting.

11.  The Committee may invite those officers, directors and employees of the Company and any other advisors and persons as it may see fit, from time to time, to attend at meetings of the Committee.

12.  Any matters to be determined by the Committee will be decided by a majority of votes cast at a meeting of the      Committee called for that purpose. Actions of the Committee may be taken by unanimous written consent of the members of the Committee and actions so taken will be effective as though they had been decided by a majority of votes.

13.  The Committee will report its decisions to the Board at the next scheduled meeting of the Board, or earlier if the      Committee deems necessary.

Resources and Authority

14. The Committee has the authority to:

(a) engage, at the expense of the Company, independent counsel and other experts or advisors as it determines necessary to carry out its duties;

(b) set and pay the compensation for any independent counsel and other experts and advisors retained by the Committee; and

(c) conduct any investigation appropriate to its responsibilities, and request any officer of the Company, or outside counsel for the Company, to attend a meeting of the Committee or to meet with any members of, or advisors to, the Committee.

Responsibilities

15. The responsibilities of the Committee are to:

(a) review and recommend to the Board, for approval, changes in or additions to environmental, health and safety policies and programs to reflect the Company's commitment to environmental stewardship, social responsibility, and the health and safety of the Company's workers and the general public,

(b) review and recommend to the Board, for approval, changes in or additions to environmental, health, and safety policies and programs in the context of legal and operational risks and considerations;

(c) review management reports on the nature and extent of compliance or any non-compliance with environmental, health and safety policies and programs, applicable legislation, and industry standards, and plans to correct deficiencies, if any, and to report to the Board on a quarterly basis on the status of such matters;

(d) review with management whether environmental, health and safety policies are being effectively implemented; and

(e)  review any other environmental, health and safety matters that the Committee may consider appropriate or the Board may specifically direct.

Chair

16. The role of the chair of the Committee is to:

(a)  provide leadership to the Committee with respect to its functions as described in this mandate and as otherwise may       be appropriate, including overseeing the operation of the Committee;

(b)  chair meetings of the Committee, unless not present, including in camera sessions, and report to the Board following       each meeting of the Committee on the activities and any recommendations of the Committee;

(c)  ensure that the Committee meets at least once per year and otherwise as considered appropriate;

(d)  set the agenda for each meeting of the Committee, with input from other Committee members, the Chairman of the       Board, the Lead Director, if there is one, and any other appropriate persons and provide to the Committee appropriate       information from management to enable the Committee to function effectively and fulfil its mandate;

(e)  act as liaison and maintain communication with the chairman of the Board and the Board to co-ordinate input from       directors and to optimize the effectiveness of the Committee; and

(f)  perform such other duties as may be delegated to the chair by the Board from time to time.

Other Responsibilities

17.  The Committee will review and assess the adequacy of this mandate from time to time and at least annually and        submit any proposed revisions to the Board for approval.

18.  The Committee will annually review its performance relative to this mandate.

19.  The Committee will perform any other activities consistent with this mandate and applicable law, as the Committee or        the Board deems necessary or appropriate.


Approved on February 23, 2012
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=538165  

GOLD CORPORATION

CORPORATE DISCLOSURE POLICY


1.   PURPOSE OF THIS POLICY

The purpose of this corporate disclosure policy (the "Policy") is to summarize Reunion Gold Corporation ("Reunion") corporate disclosure and communication practices and to provide guidance to the directors and officers and certain employees and consultants of Reunion and its subsidiaries (together with Reunion, the "Company") who may, from time to time, possess confidential information.

The objectives are (i) for the Company to make timely, informative and accurate disclosure of material information, (ii) prevent disclosure of such material information being made on a selective basis and (iii) provide guidance to the Company's directors, officers and employees to preserve the confidentiality of undisclosed material information.

Any questions regarding this Policy should be addressed to a member of the Disclosure Committee.

2.   APPLICATION OF THIS POLICY

This Policy applies to all directors, officers, employees and certain consultants of the Company, as well as those persons authorized to speak on behalf of Reunion.

This Policy covers disclosure in documents filed with the securities regulators and written letters to shareholders, presentations by senior management, information contained on the Company's website and other electronic communications. It also covers any oral communication with the public in general, including investors, brokers, analysts, interviews with the media as well as speeches, press conferences, conference calls and webcasts.

A copy of this Policy will be distributed from time to time to all directors, officers, employees and certain consultants of the Company, as well as any other person authorized to speak on behalf of the Company to ensure they are all aware of this Policy. As well, this Policy will be made available on the Company's website. All directors, officers, employees and certain consultants will be informed whenever significant changes are made to this Policy. New directors, officers, employees and certain consultants will be provided with a copy of this Policy and educated about its importance.

3.   DISCLOSURE COMMITTEE

A disclosure committee (the "Disclosure Committee") oversees the Company's disclosure practices, including monitoring the effectiveness of and compliance with this Policy. The Disclosure Committee consists of the Chief Executive Officer ("CEO"), the Chief Financial Officer ("CFO"), the Chief Operating Officer ("COO") and the Corporate Secretary. The Chair of the Disclosure Committee is the CEO. In carrying out its functions, the Disclosure Committee may meet by telephone, and it may act by majority decision.

The Disclosure Committee is responsible for reviewing and authorizing all disclosure (including electronic, written and prepared oral disclosure) in advance of its public release, as well as for monitoring the Company's website.

The Disclosure Committee will review this Policy annually to determine that it continues to meet the Company's needs and to ensure its compliance with changing regulatory requirements, and will request approval for any updates or amendments to the Policy from the Board.

4.   DESIGNATED SPOKESPERSONS

The primary spokespersons for the Company are the Executive Chairman, President and CEO, CFO, COO and Corporate Secretary ("Designated Spokespersons"). Spokespersons may, from time to time, designate others to speak on behalf of the Company or to respond to specific inquiries.

Employees who are not authorized spokespersons must not respond under any circumstances to inquiries from the public, shareholders, the investment community, the media or others if the inquiries pertain to a development or event that may be Material Information. All such inquiries should be referred to the Executive Chairman or CEO.

5.   OBLIGATIONS TO DISCLOSE MATERIAL INFORMATION

The Company is subject to continuous disclosure and reporting obligations under Canadian securities laws and the TSX Venture Exchange ("TSXV") policies. These obligations require the Company to provide appropriate disclosure of material information, and to ensure that employees and others do not benefit from having and using undisclosed material information. "Material Information" is any fact, event, circumstances or change in the activities, business or assets of the Company that is not known to the public and that results in, or would reasonably be expected to result in, a significant change in the market price or value of the securities of Reunion; it also means any information that would reasonably be expected to have a significant influence on any reasonable investor's decision to buy, sell or hold securities of Reunion.

All employees have the responsibility to inform senior management on a timely basis of events or developments that might constitute Material Information. As soon as senior management of the Company becomes aware of a potential development that may require the Company to disclose Material Information, they must inform a member of the Disclosure Committee. The Disclosure Committee (or a majority of its members) will then meet as promptly as practicable and determine if the development constitutes Material Information that must be disclosed.

At all times, the Company shall act to disclose Material Information in accordance with all applicable securities laws, rules and regulations, and in accordance with this Policy. Unfavourable material information must be disclosed as promptly and completely as favourable information.

6.    TIMELY DISCLOSURE OF MATERIAL INFORMATION

The Company must disclose Material Information concerning its business and affairs forthwith upon the information becoming known to management, or upon it becoming apparent that the information is material. The Company shall immediately issue and file a news release disclosing the nature and substance of the

Material Information. If Material Information constitutes a material change, a material change report must be filed within the prescribed time period.

Where the nature of the Material Information to be disclosed in a news release requires pre-filing under the policies of the TSXV, prior notice of the news release must be provided to Market Surveillance of Investment Industry Regulatory Organization of Canada ("IIROC") to seek approval of the news release, to watch for unusual trading and to determine if a halt in trading is required.

All news releases announcing Material Information must be approved by the Disclosure Committee.

News releases announcing Material Information must be disseminated through a news wire service approved by the TSXV that provides simultaneous national distribution to stock exchange members, relevant regulatory bodies and appropriate financial media.

7.    EXCEPTION TO TIMELY DISCLOSURE REQUIREMENT

In restricted circumstances, securities legislation and TSXV policies allows Material Information to be kept confidential for a limited period of time if early disclosure would be unduly detrimental to the Company's interests (for example, if release of the information would prejudice negotiations in a corporate transaction). In such a case, the Company shall immediately file a confidential material change report, and may otherwise keep news of the material change confidential until the Disclosure Committee determines that it is appropriate to disclose it publicly, or the Company is compelled to disclose it under applicable continuous disclosure obligations.

If disclosure of Material Information is delayed, complete confidentiality must be maintained. That is, the Material Information should not be disclosed to anybody, inside the Company or outside, except those who have need to know in the necessary course of the Company's business.

8.    SELECTIVE DISCLOSURE

This Policy strictly prohibits selective disclosure of Material Information. It is the responsibility of the Company to ensure that undisclosed Material Information is disseminated in such a way that all members of the public have equal access to the information. Substantial security holders and analysts in particular must not receive preferential treatment in the matter of information disclosure.

Unless otherwise directed by the Disclosure Committee, the Company will publicly disclose Material Information first before selectively disclosing it to any person, unless disclosing such information to the person prior to public dissemination is "in the necessary course of business." Consultation with the Company's legal counsel is recommended before making selective disclosure considered to be "in the necessary course of business."

If previously undisclosed Material Information has been inadvertently disclosed to an analyst or investor, or any other person not bound by an express confidentiality obligation, the person responsible for the disclosure, and any other employee, officer or director learning of it, must contact a member of the Disclosure Committee which will ensure that the information is broadly disclosed immediately via news release.

9.    RESTRICTIONS ON TRADING

Securities laws prohibit any insider or anyone having a close or special relationship with the Company from purchasing or selling securities of the Company when any such person has knowledge of material non-public information about the Company's activities, business, operations and assets. Securities laws also prohibit the communication of material non-public information to any person except on a need-to-know basis in the necessary course of business.

For more detailed information, definitions, and procedures regarding insider trading, refer to the Company's Insider Trading Policy.

10.    TECHNICAL INFORMATION

The Company shall disclose to the public the results of all exploration and development activity on the Company's projects in accordance with applicable securities laws, TSXV requirements (including Policy 3.3--- Timely Disclosure and Appendix F-Mining Standards Guidelines) and the applicable requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects, the Canadian Institute of Mining, Metallurgy and Petroleum ("CIM") Exploration Best Practices Guidelines and Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines.

11.    PROVISION OF FORWARD-LOOKING INFORMATION

To help the investor community, the Company sometimes discloses forward-looking information. Where it does so, the Company shall ensure that prospective statements are clearly identified as forward looking and are accompanied by meaningful cautionary language identifying important factors that could cause actual results to differ materially from those projected in the statements.

12.    CORRECTIONS

The Company shall immediately correct disclosure where it subsequently learns that the earlier disclosure contained a material error at the time it was given and the correction would constitute Material Information. The Disclosure Committee shall ensure that a news release is issued immediately to correct the error and that appropriate notifications are made to the TSXV so that a halt to trading may be instituted if necessary.

13.    WEBSITE AND PRESENTATIONS

The Company shall post on its website all supplemental information provided by the Company to analysts, institutional investors and other market professionals, including fact sheets, slides of investor presentations and other materials distributed at analyst or industry presentations.

Any new documents or information items to be added to the Company's website will be referred to the Disclosure Committee for review before being posted or made public. The Company shall ensure that the website is up-to-date and accurate.

14.    CHAT ROOMS, BULLETIN BOARDS AND EMAILS

Company directors, officers and employees are prohibited from discussing corporate matters in Internet chat rooms or bulletin boards. Any director, officer or employee discovering discussion about the Company on the Internet shall report that fact to a member of the Disclosure Committee.

When responding to emails received through the Company website, the person responding should be mindful of the risk of selective disclosure of material Information, and if in doubt, refer the email correspondence to a member of the Disclosure Committee for appropriate response.

15.    RUMOURS

The Company will not comment, affirmatively or negatively, on rumours, including those rumours disseminated on the Internet. The Company's spokespersons will respond consistently to those rumours, saying "It is our policy not to comment on market rumours or speculation." If a stock exchange or securities regulatory authority requests the Company to make a statement in response to a market rumour, the Disclosure Committee will consider the matter and decide whether to issue a press release. If the rumour is true in whole or in part, this may be evidence of a leak, and the Company will immediately issue a news release disclosing the relevant material information.

16.    DEALING WITH REGULATORS

The CEO, CFO and Corporate Secretary will be responsible for receiving inquiries from the IIROC with respect to unusual trading activity or market rumours.

17.    DEALING WITH THE INVESTMENT COMMUNITY

General

In communicating with investment analysts, security holders, potential investors and the media, the following practices must be avoided:

   • Announcing material information that has not been previously announced in a news release;

   • Selective disclosure;

   • Distribution of investment analyst reports; and

   • Commenting on unreleased technical information or current period earnings estimates and financial assumptions other        than those already publicly disclosed.

Conference Calls and Webcasts

The Company may hold investor conference calls with investment analysts and other interested parties as soon as practicable (usually within one business day) after the release of quarterly financial results or significant technical or other material news. Media are invited to listen to investor conference calls and investors are able to listen to media conference calls. Conference calls may also be held following announcements of material information and events. The Company will issue a news release containing all relevant material information prior to all conference calls.

Analyst Meetings

The Company's executives may meet with analysts and portfolio managers on an individual or small group basis, as required, and initiate or respond to analyst and investor calls in a timely manner. The executive attending such meetings shall keep detailed records and/or transcripts of all meetings, and ensure that selective disclosure material information does not occur and to allow follow-up cross-briefing with other Spokespersons to ensure that communication is consistent amongst all Spokespersons.

All analysts that cover the Company shall receive fair and equitable treatment regardless of whether they are recommending buying or selling the Company's securities. In general, conversations with analysts should be limited to explanations or clarifications of publicly disclosed material information or other non-material information or non-confidential information. The Company will keep a written log of these meetings, which will be maintained for at least five years and be included in the Company's formal disclosure record. It is not required to capture the various non-material discussions held formally.

If for any reason material information is selectively disclosed to analysts, investors or media in any forum, the Disclosure Committee should be notified immediately, and the Company will immediately disclose such information in a news release, and take any other steps the Disclosure Representatives deem appropriate.

Analyst Reports and Models

When reviewing analysts' reports, comments of directors, officers, employees and consultants must be limited to identifying factual information that has been generally disclosed that may affect an analyst's model and pointing out inaccuracies or omissions with respect to factual information that has been generally disclosed.

Any comments must contain a disclaimer that the report was reviewed for factual accuracy only. No comfort or guidance shall be expressed on the analysts' earnings models or earnings estimates and no attempt shall be made to influence an analyst's opinion or conclusion.

Analysts' reports shall not be posted on or linked from the Company's website. The Company shall not distribute analysts' reports to any third parties. However, the Company will post, on its website, a complete listing of the analysts who have reports available for their retail clients (regardless of their recommendation) and their firm. The Company will not provide a link to their website or publications and will not post copies of analyst reports on its corporate website.

The Company Spokespersons responding to inquiries by analysts regarding the Company's rate of expenditures, cash forecasts, revenues and earnings, and other estimates will be limited to: company forecasts and guidance already publicly disclosed and the range and average of estimates made by other analysts. The Company must not guide analysts with respect to financial estimates.

Should management determine that future results likely will be materially out of range of any previously issued guidance by the Company, the Company will disclose such information in a news release, and take any other steps the Disclosure Committee deems appropriate, including a conference call to explain the change.

Industry Conferences

The Company may participate in various industry conferences in Canada and elsewhere. In general, conversations with interested parties should be limited to discussions on or clarifications of publicly disclosed material information or other non-material information or non-confidential information. The Disclosure Committee should approve brochures or other material prior to dissemination to the public. If unintentional selective disclosure of non-public material occurs, the Disclosure Committee should be notified immediately, and the Company will immediately disclose such information in a news release, and take any other steps the Disclosure Committee deems appropriate.

18.     POLICY REVIEW

The Company's Board of Directors will review and evaluate this policy annually to determine if the Policy effectively ensures accurate and timely disclosure in accordance with its disclosure obligations.

19.    ADOPTION

This Policy was adopted by the Board on June 23, 2011.
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=538166  

GOLD CORPORATION

INSIDER TRADING POLICY



1. PURPOSE OF THIS POLICY

The purpose of this insider trading policy (the "Policy") is to summarize the insider trading restrictions to which directors, officers, employees, and others having access to material non public information (collectively referred to as "Insiders") about Reunion Gold Corporation ("Reunion") and its subsidiaries (together with Reunion, the "Company") are subject under securities laws and to provide guidelines for trading in Reunion's shares or other securities.

This Policy should be read in conjunction with the Corporate Disclosure Policy adopted by Reunion.


2. PROHIBITED TRADING

Securities laws prohibit anyone having a close or special relationship with the Company from purchasing or selling securities of Reunion when any such person has knowledge of material non public information about the Company. At the appropriate time, the Company discloses material information publicly via news release or otherwise. However, prior to such public disclosure, Insiders may have knowledge of material non public information and, under any such circumstances, they must exercise the utmost care in handling such material non public information to avoid legal and ethical violations.

A material non public information about the Company means any fact, event, circumstances or change in the activities, business or assets of the Company that is not known to the public and that results in, or would reasonably be expected to result in, a significant change in the market price or value of the securities of Reunion; it also means any information that would reasonably be expected to have a significant influence on any reasonable investor's decision to buy, sell or hold securities of Reunion.

This would include, but is not limited to, non public information regarding:

1. acquisition or disposition of material assets;

2. mineral discoveries or material developments affecting the Company's resources or exploration
results;

3. take-overs, mergers, consolidations, amalgamations or reorganizations;

4. changes in the capital structure and changes in share ownership that may affect control of Reunion;

5. public or private sale of securities of Reunion;

6. changes in capital expenditure plans or corporate objectives;

7. significant changes in the Company's management or board of directors;

8. significant litigation;

9. major labour disputes or disputes with major contractors, suppliers, or customers;

10. events of default under financing or other material agreements; and

11. any other change in the business, affairs or property of the Company that could reasonably be expected to materially affect the price or value of the securities of Reunion or have an influence on a reasonable investor's investment decision.

Securities laws also prohibit "tipping", defined as communicating material non-public information to another person (including family and friends), except on a need-to-know basis in the necessary course of business. All Insiders must ensure that they do not divulge such material non-public information to any unauthorized person, whether or not such person may trade on the information. They are also responsible for ensuring compliance by their families and other members of their households and entities over which they exercise voting or investment control.


3. TRADING GUIDELINES

All those with access to material undisclosed information are prohibited from using such information in trading in the Company's securities until the information has been fully disclosed and a reasonable period of time has passed for the information to be disseminated. This prohibition applies not only to trading in the Company's securities, but also to trading in other securities whose value may be affected by such material undisclosed information.

In order to ensure that perceptions of improper insider trading do not arise, Insiders should not "speculate" in securities of the Company. For the purpose of this Policy, the word "speculate" means the purchase or sale of securities with the intention of reselling or buying back in a relatively short period of time in the expectation of a rise or fall in the market price of such securities. Speculating in such securities for a short-term profit is distinguished from purchasing and selling securities as part of a long-term investment program. Insiders shall not at any time sell securities of the Company short or buy or sell a call or put option in respect of securities of the Company or any of its affiliates.

Insiders should also avoid putting open order to purchase or sell securities of Reunion but in the event they need to do so, the open order shall expire no later than the close of trading on the last trading day of the week the open order was entered into.

In addition, officers, directors and certain employees having access to material non public information (as determined from time to time by the Chief Executive Officer, Chief Operating Officer, Chief Financial Officer and General Counsel) of the Company may not trade at any time without prior clearance. Clearance must be
obtained in writing from the General Counsel or the Chief Financial Officer before buying or selling securities of the Reunion or exercising any of Reunion's stock options. Unless it is clear that there is no undisclosed material information concerning the Company, clearance to complete a proposed trade will be denied. The Company's policy is to be cautious and conservative when granting or denying trading clearance to avoid embarrassment and tarnish the Company's reputation, especially among its shareholders and analysts. Clearance, if granted, will be effective for five business days provided such director, officer or employee is not otherwise in possession of material, non-public information. If for any reason the trade is not completed within five (5) business days, clearance must be obtained again before stock may be traded. The Company reserves the right to revoke the clearance, if necessary.

4. BLACKOUT PERIODS

The Company may from time to time impose a trading blackout if there is a pending material development. All persons receiving notice of a trading blackout or having knowledge of a trading blackout are prohibited from trading in securities of Reunion. The blackout period will commence at the time that the Company's General Counsel, or another individual designated by the CEO, disseminates an email to confirming same. The Company must allow the market time to absorb the information before Insiders can resume trading after the release of material information. In general, the Company has stipulated that a minimum of one clear trading day be allowed after the earlier of (i) the announcement of the material information and (ii) the dissemination of an email from the General Counsel or designated individual confirming that the trading blackout is lifted.

The existence of a blackout is in itself an item of confidential information that is not to be disclosed to persons outside of the Company.

During blackout periods, Insiders must also avoid discussions with analysts, private briefings and interviews to the maximum extent reasonable.

During a blackout period, the Company, through its Disclosure Committee (formed under the Company's Corporate Disclosure Policy), may, under certain circumstances, permit the exercise of options or warrants provided that the common shares acquired upon exercise of such options or warrants are not traded until the blackout period expires.


5. LIABILITY FOR INSIDER TRADING

Under Canadian securities laws, persons who violate "insider trading" and/or "tipping" prohibitions may be subject to a number of criminal sanctions and civil liabilities including being liable: (i) to compensate the seller or purchaser of the securities for damages resulting from the trade; (2) to account to the relevant entity for any benefit or advantage received or receivable by the insider resulting from the trade on the basis of undisclosed material information and (3) for substantial fines (for example, under the Ontario Securities Act, up to the greater of $5 million and triple the amount of the profit made or the loss avoided by the person by reason of the violation) and imprisonment (for example, under the Ontario Securities Act, to a maximum term of not more than five years less a day).


6. INSIDER REPORTING

Reporting insiders are required to electronically file insider reports through the System for Electronic Disclosure by Insiders ("SEDI"). An initial report must be filed within 10 days of becoming a reporting insider and report on all trades made in the securities of Reunion must be filed within 5 days of the day any trade is made. Trades include the grant of options or exercise thereof as well as a change in nature of the ownership of the securities (e.g. a disposition to a company controlled by the insider or a determination that the securities are to be held in trust for another person). Failure to file a report on time will result in late fees being levied
on the reporting insider.

It is each reporting insider's personal responsibility to ensure that all requisite insider trading reports are filed on SEDI within the statutory time limits.

7. POLICY REVIEW AND DISTRIBUTION

The Company's Board of Directors will review and evaluate this policy annually to determine if the Policy effectively ensures accurate and timely disclosure in accordance with its disclosure obligations.

A copy of this Policy will be distributed from time to time to all directors, officers, employees, and others who may have to material non public information of the Company to ensure they are all aware of this Policy. As well, this Policy will be made available on the Company's website. New directors, officers, employees will be provided with a copy of this Policy and educated about its importance.

Any questions regarding this Policy should be addressed to the Company's General Counsel or Chief Financial
Officer.


8. ADOPTION

This Policy was adopted by the Board on June 23, 2011.
http://www.reuniongold.com/s/CorporateGovernance.asp?ReportID=545410  

The Lely Project is an early stage exploration project with limited previous exploration activity having been carried out to evaluate the gold and base metal potential of the area. The project encompasses a greenstone belt with similar geology to that hosting the Gross Rosebel gold deposit and other substantial gold deposits in Venezuela, Guyana and French Guiana. Lely hosts several large areas of artisanal workings that appear to be surface expressions of more deep rooted gold bearing structures.

Exploration
In 2008, the Company carried out an airborne magnetic and radiometric survey on a 250-meter line spacing and conducted a bulk leach extractable gold (BLEG) sampling program over a 230 km2 area to the east of Lely Plateau, and in the south east corner of the Lely east concession, following up on earlier anomalous results. Following completion of this work, there was a hiatus until the second half of 2011 when work resumed. A comprehensive stream sediment sampling program was conducted, with approximately 120 samples being collected from all major streams over a roughly 30 km by 30 km area. A follow-up program began in mid-February 2012, consisting of prospecting, geochemical sampling, and geological mapping of areas that returned anomalous gold values in 2008, and investigation of anomalous drainages identified by the 2011 stream sediment sampling program, and of artisanal mining pits located on the project. More than 1,200 rock, auger and soil samples were collected by the end of this program at the end of May 2012, from which three new prospects were identified where sampling returned anomalous gold values. A follow-up phase 2 field work program began in mid-September 2012, involving geological sampling over various areas of the project, as well as further investigation of anomalous drainages and artisanal activities. Data organization and compilation is underway.
http://www.reuniongold.com/s/LelyGold.asp

 

Overview

The Matthews Ridge Manganese Project is located in the North West District of Guyana in and around the site of the abandoned Matthews Ridge Manganese Mine which was operated by a subsidiary of Union Carbide Corporation from 1962 to 1968. In excess of 1.66 million tonnes of manganese concentrate were shipped from the mine site during that period.

The main project footprint consists of a 15 km-long series of nine hills contained within the Matthews Ridge Formation, which hosts the manganese mineralization and is known to extend for more than 40 kilometers of strike. Prior to Reunion acquiring the project, previous mining operations were confined to hills 5 to 9, with little or no work done on the other hills.

Reunion commenced exploration in October 2010 with the objective of delineating substantial manganese resources in and around the Matthews Ridge deposits, and establishing the economic potential of the project with the help of modern exploration, processing and mining technology.

Work is ongoing to define the resource, optimize the process design, and conduct a pre-feasibility study during 2013.

Exploration and engineering programs

The Company began work at Matthews Ridge in October 2010 with the clearing of old mine roads and access to old mine pits, doing topographical surveys and the layout of a line grid for trenching and mapping. Subsequent exploration work has included systematic trenching, pitting, diamond drilling and reverse circulation drilling. The trenching and drilling programs were designed both to evaluate the previously mined areas and to define the extent and characteristics of known but unexplored mineralized zones. Metallurgical testing has been conducted on the different types of ores encountered, and studies have been undertaken on geotechnical parameters required for the project infrastructure.

Trenching program

Trenches were dig across the strike of the geological units at 100 m intervals to expose the saprolitic mineralization in three dimensions and allow channel sampling of the mineralized beds and their detailed mapping. By the end of 2012, Reunion had excavated over 17 linear kilometers in 202 trenches.

Drilling program

By the end of 2012, Reunion had completed a total of 47,570 meters of diamond drilling in 735 holes, 17,361 meters of reverse circulation drilling in 283 holes, and 217 meters of Banka drilling in 119 holes. Drilling has been done to the saprolite-fresh rock interface. The Banka drilling was used specifically to define the volume of mineralized tailings. The mineralized detritalmaterial was sampled in 365 pits spaced at approximately 100 m intervals.

Laboratories

Drill core sample preparation was done by Activation Laboratories Ltd. and ACME Laboratories at their facilities in Georgetown followed by XRF assays for manganese and other relevant oxides at their laboratories in Canada. Sample preparation and XRF assay of reverse circulation drill samples were done by FILAB Guyana Laboratories on a modern laboratory installed at the Project site. Samples of saprolitic, detrital and tailings material are also being processed by a scrubbing / jigging pilot plant operated by FILAB under the supervision of GMining Services, as part of the metallurgical testing of mineralized materials.

Engeneering Programs

Engineering and infrastructure studies began in October 2011 with a study of transportation and materials handling engineering by Worley Parsons under the supervision of GMining Services. Studies are being conducted on the old rail corridor (for conversion into a high capacity haul road), Port Kaituma and water transport options required to deliver manganese concentrates to ocean going vessels. These studies have involved waterway bathymetry, wave action studies and sediment studies for potential dredging and other geotechnical and geochemical assessments. The availability of a transhipment facility within Guyana waters (operated by Oldendorf for bauxite shipping with excess capacity) lends itself to serious consideration as an option for concentrate transport and is also being studied as are options to follow the original Guyana to Trinidad route previously used by Union Carbide. A decision on which is the most practical, cost effective and environmentally acceptable option will come from trade off studies during prefeasibility studies.

Metallurgical studies have been completed on the different ore types identified at Matthews Ridge and work is ongoing to define the resource, optimize the process design, and conduct a feasibility study during 2013. The saprolitic, detrital and tailings materials, which are amenable to simple earth-moving extraction, will be used in the definition of resources.

http://www.reuniongold.com/s/MatthewsRidge.asp  

Paradigm Capital- Research Team

Santo Ranieri, Analyst

David Davidson, Sr. Analyst

Jeff Woolley, CFA, Analyst

Grant Moenting, Associate


Initiated Coverage - July 6, 2012

http://www.reuniongold.com/s/AnalystCoverage.asp  

http://sedar.com/...CompanyDocuments.do?lang=EN&issuerNo=00020510 GrB  

Quarterly Reports
http://www.reuniongold.com/s/Quarterlies.asp GrB  

Annual Reports
http://www.reuniongold.com/s/Annuals.asp GrB