File No. MA 038-00

Tuesday the 17th, day of December, 2002.

L. Kamerman
Mining and Lands Commissioner

The Mining Act

In the matter of

The required Closure Plan regarding mining operations of Vedron Gold Inc. ("Vedron") involving the Buffalo Ankerite Mine, in the Townships of Tisdale and Deloro, (hereinafter referred to as the "Closure Plan")

And in the matter of

The Requirement of the Director of Mine Rehabilitation (the "Director") pursuant to subsection 147(1) of the Mining Act, dated September 6, 2000, that Vedron shall give a notice in writing to the Director that contains the prescribed information relating to the Buffalo Ankerite Mine in connection with the Closure Plan;

And in the matter of

A Notice to Require a Hearing before the tribunal under Part VII of the Mining Act, pursuant to subsection 152(1) of the Mining Act, concerning the Requirement of the Director, dated September 6, 2000 (the "Director's Requirement of September 6, 2000").

Between:

Vedron Gold Inc.
Appellant

and

The Director of Mine Rehabilitation
Respondent

Conditional dismissal

Whereas this appeal was received by this tribunal on the 31st day of October, 2000;

And whereas a consent to dismiss this appeal without costs, with conditions and without prejudice to either party to bring the appeal on for hearing in the event that any of the conditions are not fulfilled, dated the 16th day of December, 2002, was filed by Mr. Nadim Wakeam, counsel for the appellant;

And whereas a consent to dismiss this appeal without costs, with conditions and without prejudice to either party to bring the appeal on for hearing in the event that any of the conditions are not fulfilled, dated the 17th day of December, 2002, was filed by Mr. John Norwood, counsel for the respondent;

  1. This Tribunal orders that this appeal be and is hereby dismissed, upon the following conditions:
    1. That Vedron Gold Inc. ("Vedron") provide a written undertaking to the Director of Mine Rehabilitation and copy the Mining and Lands Commissioner to ensure security, monitoring and fence maintenance on the Buffalo Ankerite Mine in the Townships of Tisdale and Deloro, up to and including March 31, 2004.

    This Tribunal notes that the undertaking in Condition #1 above, was provided by Vedron with the filing of its aforementioned consent on the 16th day of December, 2002.

    1. That Vedron provide an additional $6,810.92 to the Office of the Mining and Lands Commissioner (MLC), to be held in the "MLC Trust Account" and added to the remaining #3,189.08 (for a total of $10,000) to ensure adequate funds for fence maintenance, monitoring and site security on the Buffalo Ankerite Mines site up to and including March 31, 2004. The additional funds are to be deposited by no later than April 30, 2003.

    2. That Vedron provide the Director of Mine Rehabilitation and the Mining and Lands Commissioner with two written updates by no later than July 1, 2003 and March 31, 2004 (or earlier), respectively, outlining the results of its best efforts to find a solution to the open pit on the Buffalo Ankerite Mine Site.

  2. This Tribunal further orders that no costs shall be payable by either party to this appeal.
  3. This Tribunal further orders that this appeal can be revived, notwithstanding this Conditional Dismissal and scheduled for hearing, nunc pro tunc, as may become necessary, upon the request of either party.

Dated this 17th day of December, 2002.

Original signed by

L. Kamerman
Mining and Lands Commissioner