SOIL GEOCHEMISTRY TUFA MINERAL CLAIM SLOCAN MINING DIVISION ZINCTON, B.C. NTS 82K 3E LATITUDE 50"02'20"N, LONGITUDE 117'11'W

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1 SOIL GEOCHEMISTRY TUFA MINERAL CLAIM SLOCAN MINING DIVISION ZINCTON, B.C. NTS 82K 3E LATITUDE 50"02'20"N, LONGITUDE 117'11'W LOCKE B. GOLDSMITH, P.ENG., P.GE0. CONSlULTING GEOLOGIST OCTOBER 30,2001

2 TABLE OF CONTENTS w SUMMARY... PROPERTY. LOCATION. ACC13SS... 2 HISTORY... 2 LOCATION MAP, Figure CLAIM MAP, Figure GENERAL GEOLOGY AND MINERALIZATION... 5 SOIL GEOCHEMISTRY... 5 SOIL GEOCHEMISTRY MAP. Ag, Pb. Zn. Figure CONCLUSIONS... 7 RECOMMENDATIONS... 7 COST ESTIMATE... 7 ENGINEER S CERTIFICATE... 9 REFERENCES COST STATEMENT APPENDIX: Analytical Procedures Geochemical Analyses i

3 SOIL GEOCHEMISTRY TUFA MINERAL CLAIM SLOCAN MINING DIVISION ZINCTON, B.C. SUMMARY W Anomalous silver and lead is contained in a soil sample from the northwestem comer of the Tufa claim. Continued prospecting and soil sampling is recommended at a cost of $

4 w PROPERTY, LOCATION, ACCESS The claim is situated on the lower, steep northern-facing slopes on the height of land between Seton Creek and Ka.slo River watersheds. The LCP at the northwest comer is on the south edge of Highway 21A approximately IS0 metres east of Bear Lake. Fish Lake is approximately 100 metres north of the northeast comer of the claim. Access is via Highway 31A for 17 km easterly from New Denver. Elevations range from 1070 m (3500 ft) at the northwest comer to 1375 m (4400 ft) at the sontheast corner. The claim encloses the former Nil Desperandum Crown Grant which lapsed and was restaked as the Tufa claim. Net area claimed is approximately hectares (39 acres). Claim Name Size in Units Former Lot Tenure Record Date Number Number Tufa L2806 Feb. 14,2001 HISTORY There is no recorded exploration information concerning the former Crown Grant. The formerly productive Lucky Jim mine is located 1 km southwest of the Tufa claim. In the Lucky Jim replacement deposits of silver-lead-zinc were formed where northeasterly-trending fractures cross limestone beds. Production from the Lucky British Columbia as: Jim is listed in MINDEP files of the University of Short Tons Ag Pb zn of Ore odton % %

5 LOCATION MAP lo accompany report by Locke B. Goldsmith, P.Eng., P. Geo. Consulting Geologist OCTOBER 2001 TUFA CLAIM ZINCTON, B.C. SLOCAN MINING DIVISION FIGURE 1 3

6 u' Locke B. Goldsmith, P.Eng., P. Geo. Consulting Geologist SLOCAN IvllNlNG DIVISION NrS82K3E OCTOBER 2001 FIGURE '2 4

7 Y W GENERAL GEOLOGY AND MINERALIZATION The predominant rock units in the vicinity are dark, fine-grained clastic sediments with subordinate limestone beds of the Upper Triassic to Lower Jurassic Slocan Group. Granitic dykes and sills intrude the sedimentary package and may be related to the Late Jurassic Nelson Batholith. Bedding and foliation of the Slocan Group are peneconcordant. Axes of the major folds strike north-northwesterly with dips of bedding southwesterly. either moderately northeasterly or Productive fault and fissure-filled lode systems in the Sandon Mining Camp trend northeasterly and dip steeply to moderately southeasterly. Numerous sites along the faults contain silver-lead-zinc sulphide mineralization but deposits of economic proportions are localized in zones of dilation between competent wallrocks. Replacement deposits in limestone which formed adjacent to through-going northeasterly lode zones are a sub-type of the mineralizing system. No outcrop was observed while prospecting the northwestern comer of the Tufa claim. Argillite and quartzite were noted in float. SOIL GEOCHEMISTRY Ten samples were collected with a long narrow spade from depths of approximately 30 cm below surface, corresponding approximatelytothe "C" horizon. Samples were packaged in wet-strmgth manila envelopes. Analyses were completed by ALS Chemex Labs of North Vancouver, B.C. Procedures and results a.re included in the Appendix. The following table displays statistical data concerning metal abundance derived from lognormal probability plots. Years of soil sampling results over Slocan Group rocks have been compiled into this information. 5

8 Scale 1:5WO? SOIL GEOCHEMISTRY METRES To accompanyreportby d LOCKE B. GOLDSMITH, P.Eng., P.Geo. Geologist Consulting OCTOBER Ag - Pb - Zn TUFA CLAIM ZINCTON, B.C. SLOCAN MINING DIVISION NTS82 K3 E FIGURE 3

9 Background <2.3 <3 8 Possibly two Threshold to to 150 Anomalous >4.!> >980 >150 One sample at 0+00 N 0+50 E contains anomalous silver (11.7 ppm) and lead (1550 ppm) values. Adjacent samples contain threshold values of silver and lead. The anomalous ample is located in the transported sediments of a small intermittent drainage that descend:; steeply from the south. CONCLUSIONS to the south. A bedrock source for the anomalous silver and lead values may be present upslope RECOMMENDATIONS Soil geochemistry on gridlines and prospecting should be completed upslope to the south of the anomalous site. COST ESTIMATE geochemistry. A budget of $3000 should be available for continued prospecting and soil

10 w Results of this phase should be compiled into an engineering report; continuance to each subsequent phase should be contingent upon favourable conclusions and recommendations of an engineer. Vancouver, B.C. October 30,2001 Consulting Geologist 8

11 w ENGINEER S CERTIFICATE LOCKE B. GOLDSM[ITH u I, Locke B. Goldsmith, am a registered Professional Engineer in the Province of Ontario, and a Registered Professional Geologist in the Provinces of Ontario and British Columbia and the States of Oregon, Minnesota, and Wisconsin. My address is 301,1855 Balsam Street, Vancouver, B.C. I have a B.Sc. (Honours) degree in Geology from Michigan Technological University, a M.Sc. degree in Geology from the University of British Columbia, and have done postgraduate study in Geology at Michigan Tech and the University of Nevada. I am a graduate of the Haileybury School of Mines, and a Certified Mining Technician. I am a Member of the Society of Economic Geologists, the AIME, and a Fellow of the Geological Association of Canada. I have been engaged in mining exploration for the past 43 years. I have authored the report entitled, Soil Geochemistry, Tufa Mineral Claims, Slocan Mining Division, Zincton, B.C., dated October 30, The report is based upon fieldwork and research by the author. I own 100% of the mineral title to the claim. I consent to the use of this report in a prospectus, or in a statement of material facts related to the raising of funds. Respectfully submitted, Locke B. Goldsmith, P.Eng., P.Geo. Consulting Geologist Vancouver, B.C. October 30,2001 9

12 ..I REFERENCES Cairnes, C.E Description of properties, Slocan Mining Camp, B.C. GSC Memoir 184, pp , , MINDEP Computer Files, University of British Columbia.

13 COST STA,TEMENT, 2001 IPROGRAM Personnel L.B. Goldsmith, Sept. 21, Yi 22, total 1% $680/clay GST $ $ Transportation 4x4 vehicle, 1% $50/day 1456 $0.43ikm GST $$ I%days = $580.1 Uday m Accommodation, Meals $ % days = $58.61/.man/day Analyses 10 samples cost = $13.76/sample Report Drafting, word processing, materials TOTAL $

14 APPENDIX 12

15 ALS Chemex EXCELLENCE IN ANALYTICAL CHEMISTRY Aumra Lam savlcsl LM. 212 Brwksbank Avenue Nonh Vanwwer BC V7J 2Ci Canada Phone: 6M 984 Om Fax: To: GOLDSMITH, LOCKE s BALSAM ST. VANCOWER BCV6K 2M3 Pages: I Total # of pages : 2 (A) Date : 12-Oct-2001 Account: QKS CERTIFICATE VAOl Jl SAMPLE PREPARATION 1 Project : P.O. No: This report is for 10 SOIL samples submitted to our lab in North Vancouver, BC, Canada on 1-Oct This report will be distributed to the following people: LOCKE GOUlSMlTH ALS DESCRIPTION CODE WEI-21 SCR-41 Received Sample Weight Screen -180urn, to save both I ANALYTICAL PROCEDURES I DESCRIPTION ALS CODE INSTRUMENT I Ag-AA45 Trace Pb-AA45 Trace zn-aa45 GEO-ARO1 Aqua Ag regia1aas aqua Pb - aqua regialaas Trace Zn -aqua regidaas reqia diqestion PPS PPS PPS To: GOLDSMITH, LOCKE BALSAM sr. VANCOWER BC V6K 2M3 This is the Final Report and supersedes any preliminary report with this certificate number. Results apply to samples as submitted. All pages of this report have been checked and approved for release. Signature:

16 ALS Chemex (, EXCELLENCE IN ANALYTICAL CHEMISTRY Au~raLatumc.Y~Lld. 212 Brooksbank Avenue Nom Vancower BC V7J 2c1 Canada Phare: Fax: To: 301 GOLDSMITH, BALSAM LOCKE ST. VANCOWER BC V6K 2M3 CERTIFICATE OF ANALYSIS VA Date : 12-Oct-2001 Account: QKS r o m WXE r rm 4 m ~ o m r o+w 4tso~ WEl-21 Ag-bA45 P-45 2"s P-wd Wt. AS Pb 2" kg PP" PPln WJm , W %

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