oci -?. Submitted by: Eduard Ludwig 1340 Delnite Road Timmins, Ontario P4N - 7C2 PRELIMINARY MAPPING REPORT ON THE BOBS LAKE PROPERTY

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1 PRELIMINARY MAPPING REPORT ON THE BOBS LAKE PROPERTY LOCATED IN WHITNEY TOWNSHIP PORCUPINE MINING DIVISION FOR LD3ERTY MINERAL EXPLORATION oci -?. GtOSGIENCE ASSESSMENT Submitted by: Eduard Ludwig 1340 Delnite Road Timmins, Ontario P4N - 7C2 42A11SE WHITNEY 010

2 TABLE OF CONTENTS INTRODUCTION... l LOCATION AND ACCESS... 2 PERSONNEL... 2 CLAIMS...^ 3 GENERAL GEOLOGY... 3 PREVIOUS WORK... 4 RESULTS... 5 PROPOSED EXPLORATION... 5 CERTIFICATE... 6 LIST OF FIGURES LOCATION MAP FIG. l REGIONAL LOCATION MAP FIG. 2 CLAIM AND GRID SKETCH FIG. 3 GEOLOGICAL MAPPING FIG. 4

3 attempt to -fcf.tnr 'rv. ;h; to.uu prsrr-ty otm.hfe of:. ^^vu^'i^a.ir portiou 11 W'litnty To\^ ;ashi carried betw*^i; b^&mbw: 25 a This i^ograui ^ill u.pjj.t. anomaly. It \yill also 4etonaEt if a geofo favourable for gom deposition HistoricaKy, ihe Dcstor Porcuptne current and past producing gold mines, apping program conducted in an ed Polarization anomaly. The IS units) located in the central sstrict of Cochrane This work was opprng in the vicinity of the IP Kiderlies the area, which may be -ult systems have hosted numerous jf particular interest

4 GEOLOGY AND PRINCIPAL MINERALS OF ONTARIO MaKX Mineral Deposits Past and Ptesent T Copper Mckel Z** -Copper O Plabnum-Palladium fr Uranium it Industrial Mnerate PROPERTY LOCATION MESOZOIC CRETACEOUS Swftmentary rocks S0dimwilary rocks SILURIAN H SwJimaniary rocks SUPERIOR AND SOUTHERN PflOWWCES NCO-TO ORDOVICIAN l Sedimentary rocks PRECAMBRIAN UMtMk'ILLt WHUVflVCt PROTEROZOIC NEO- TO MESOPROTERO2OIC Mafic to ultramafic pmonic rock* F*Wc pmonc rock*, ontitm and imgm^mi meta**dinwntary rocks MBtasedHnentary and meiawokarac rocks COPepfCXV POOVIMCf ARCHEAN NEP- TO MESOARCHEAN l Massmioroiatedgrsnodtoritoto ^ ^sl granite FoSated to anemic tonafcte to Meta***n*nUry rocks and derrvwl MESOARCM ^M Uetav ^ 1 rocks LIBERTY MINERAL EXPLOARTION BOBS LAKE PROPERTY LOCATION MAP FIGURE #1

5 LOCATION AND ACCESS The Bobs Lake Property is located within the central portion of Whitney Township, Porcupine Mining Division, District of Cochrane, Ontario. It is made up of nine contiguous unpatented mining claims (14 units). The property is situated approximately 14km. east-northeast of the city of Timmins, Ontario. Access was gained via Hwy. 101 east from the city of Timmins to Bobs Lake, which is just east of Porcupine. This Hwy. runs east-west and is situated about 100m north of Bobs Lake, providing excellent access. PERSONNEL The following person was directly involved with this work program. Eduard Ludwig... Timmins, Ontario

6 "^-v J. O' i l ii-i-!^ : l'"- "X.i. 1 rwkwml 1 V^Js. r!lt1d J { ^' \'\ 1 " SOBSM/CE PROJECT COli TIMMINS f 'Ui i /'.-' l *^ t-'fj,.,,., i \ - OIIMKIW MA1ACHEWM (O LIBERTY MINERAL EXPLORATION BOBS LAKE PROJECT REGIONAL LOCATION MAP 1:600,000 FIGURE #2

7 CLAIMS The Bobs Lake property is made up of 11 contiguous unpatented mining claims (18 unit), located in the central section of Whitney Township, Porcupine Mining Division, District of Cochrane (Figure #3). The current work program was carried out on two (4 units) of the 11 claims that make up the property. Whitney Township is a subdivided Township and the following is a list of the claims covered or partially covered by this work program, as well as a Lot and Concession description of the same. Claim # # of Units Lot and Concession l NW Vi, S V*, Lot 6 Con IV SW Vi, N '/2, Lot 6 Con IV E V*, N Vz, Lot 7 Con IV GENERAL GEOLOGY The property is shown on the Timmins-Kirkland Lake Map No. 2205, to be situated within the Abitibi Greenstone Belt, which covers much of northeastern Ontario and Northwestern Quebec. Generally this belt is underlain by a variety of mafic to felsic volcanics and related sediments as well as felsic to ultramafic intrusive. Locally, the grid is shown to be underlain by Early Precambrian Metasediments and Metavolcaiiics. Map P.3172, Structural Geology of Whitney Township, shows the survey area to be situated over and immediately south of, the Destor Porcupine Fault. Exploration activity in the Nighthawk Lake area to the east has proven that structures related to the main Destor Porcupine Fault such as cross faults or splays can also host economic gold deposits. It is because of this recent activity as well as the history of the Destor Porcupine Fault that this property was acquired.

8 LIBERTY MINERAL EXPLORATION BOBS LAKE PROPERTY CLAIM AND GRID SKETCH 1:20,000 FIGURE #3

9 PREVIOUS WORK Although a considerable amount of work has been done in the immediate area, a search of the assessment files showed that only a limited amount of work has been filed covering the current project area. The following is a brief list of the work carried out on Bobs Lake NEW BOBS LAKE GOLD MINES LIMITED: -1 Diamond drill hole SHERADAN: - Reconnaissance magnetometer survey STEVE ANDERSON - Total field magnetometer survey STERLINGMARC MINING - HLEM survey STEVE ANDERSON -Induced Polarization survey LIBERTY MINERAL EXPLORATION -Induced Polarization

10 L- l'l E to* T, f- - 2D02

11 Results Line 14E was traversed mapping outcrop exposures along the line and to the west. An area of good exposure was prospected and investigated looking for indications which might explain the IP anomaly just south of post #1 of claim The area of outcrop (Map 1) was underlain by Archean greywackes and argillite striking N70E and dipping 80 degrees to the north. Three old overgrown trenches were located with sediments exposed. One trench 120 metres south of highway 101 displayed a 30 cm wide quartz which erratically cross cuts the stratigraphy at no preferred orientation. No visible sulfides were observed only weak carbonate alteration along the margins of the vein. Just south of post #1 (claim ) an earlier IP survey (June 2002) located a moderate anomaly at 2800s on line 14E. Ground investigation revealed no bedrock exposures in this area thus the anomaly still remains unexplained. A topographical low coincides with the region of the IP anomaly. Proposed Exploration An initial program of one 150m drill hole oriented due south, angled at 45 degrees to intersect and explain the IP anomaly. Proposed costs 150 metres BQ diamond S457metre... S6,750 Core logging, assays, geology... 53,000 Total: 59,750

12 Certificate I Edu ird Ludwig 1340 Delinite Road. Timmins, Ontario hereby C3itifii;s all information being tnie, by virtue of field examinations and reviewing all relevant private and government information. I have practised my profession as consulting geologist since 1984 Education includes a geological technician's diploma from Sir Sandford Fleming College in 1980 and an Honours Bachelor Degree in the Science of geology from Laurentian University in I am currently the President and Director of Liberty Mineral Exploration Ltd. including being a shareholder Signed:, Date: Eduard H. Ludwig Tech. HBSc.

13 -- ONTMUO MINISTRY Work Report Summary OF NORTHERN DEVELOPMENT AND MINES Transaction No: Recording Date: Approval Date: W OCT OCT-06 Status: APPROVED Work Done from: 2003-SEP-25 to: 2003-OCT-01 Client(s): ONTARIO INC. Survey Type(s): GEOL Work Report Details: Claim* Perform P SO P Perform Approve SO Applied SO Applied Approve so Assign so Assign Approve Reserve 0 SO 400 SO Reserve Approve Due Date SO 2005-OCT-01 SO 2004-SEP-13 P SO SO SO JUL-25 S800 S External Credits: SO Reserve: 3400 Reserve of Work Report*: W Total Remaining Status of claim is based on information currently on record. 42A11SE WHITNEY Oct-14 11:28 Armstror^d Page 1 of 1

14 Ministry of Northern Development and Mines Date: 2003-OCT-06 Ministers du Developpement du Nord et des Mines Ontario GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B ONTARIO INC. 12TH FLOOR-20 TORONTO ST TORONTO, ONTARIO M5C 2B8 CANADA Tel: (888) Fax:(877) Dear Sir or Madam Submission Number: Transaction Number(s): W Subject: Approval of Assessment Work We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval. At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. If you have any question regarding this correspondence, please contact or by phone at (705) BRUCE GATES by at Yours Sincerely, /f. Ron C. Gashinski Senior Manager, Mining Lands Section Cc: Resident Geologist Edward Henry Ludwig (Agent) Assessment File Library Ontario Inc. (Claim Holder) Ontario Inc. (Assessment Office) Visit our website at Page: 1 Correspondence 10:18741

15 IIWTftVOP NORTHIftN Mining Land Tenure Map Dit./Tlm.oflwuo: Mon Od 08 09,22:06 EOT 2003 TOWNSHIP l AREA PLAN WHITNEY TTOOON ADMINISTRATIVE DISTRICTS l DIVISIONS Mining Division Porcupine Land Titles/Registry Dlvlwon COCHRANE Ministry of Natural Resources District TIMMINS TOPOGRAPHIC D land Tenure S37MOON LAND TENURE WITHDRAWALS m\\ IMPORTANT NOTICES LAND TENURE WITHDRAWAL DESCRIPTIONS T-w* MM OtMWfen tw WM-. Aft 04MI MINI* UHmHVW*CI WWffl (JAM (MOW)* W Iff* Vft HMff HHt* UMtTtB *UIW*(* MlftMTn l**** MtUCtW,SSW DOltt WWt*U*ttI9HJBF*5t W9HT* LIAM tttxmkx, l W BOMB MtMt* UNKTEO *l*f*tt WSMT* klak *ton9t i it o w.*nrr 1*1917 I.KO. HW* t-" CO M (O GEOL 4MOWE 4BSOOOE E (O O O General Information and Limitation* fen tm wimwwmtftti *r-f 1 (Hl)4f MM* MI 4T4IHKtwrwi! (.tmvihcm*)

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