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1 We are committed to providing accessible customer service. If you need accessible formats or communications supports, please contact us. Nous tenons à améliorer l accessibilité des services à la clientèle. Si vous avez besoin de formats accessibles ou d aide à la communication, veuillez nous contacter. 1

2 2017 PROSPECTING REPORT: JONSON LAKE PROPERTY CHURCHILL TOWNSHIP LARDER LAKE MINING DIVISION, ONTARIO, CANADA TAMARACK GOLD RESOURCES, INC ST. CLAIR AVE WEST TORONTO, ON M4V 1N5 August 21st, 2017 Prepared By: JMK Exploration Consulting 147 LAKESIDE DR. NORTH BAY, ONTARIO P1A 3E1 JOERG KLEINBOECK, P.GEO.

3 TABLE OF CONTENTS EXECUTIVE SUMMARY INTRODUCTION PROPERTY DETAILS Location and Access Topography and Vegetation Claim PREVIOUS WORK GEOLOGY Property Geology PROSPECTING PROGRAM Methods Work Completed Assay Results Historical Data Sample Preparation, Analyses, and Security CONCLUSIONS RECOMMENDATIONS REFERENCES LIST OF FIGURES Figure 1: General Location of the Jonson Lake Property, Churchill Township Figure 2: Tenure of the Jonson Lake Property... 8 Figure 3: Property Geology (after OGS MRD 216) Figure 4: Sample Locations LIST OF TABLES Table 1: Claim Details of the Jonson Lake Property Table 2: Sample Details LIST OF APPENDICES Appendix I Statement of Qualifications Appendix II Assay Certificate Appendix III Photographs of Samples 1

4 EXECUTIVE SUMMARY JMK Exploration Consulting was requested by Tamarack Gold Resources, Inc. ( Tamarack ), to complete a technical report for assessment purposes on their recently completed reconnaissance prospecting program on their 100% owned Jonson Lake Property ( Property ). The Property is situated approximately 120 km north of Sudbury, Ontario and approximately 5 km north-west of the village of Shining Tree, Ontario (Figure 1). The Property is bounded by UTM coordinates 476,200 E to 477,400 E, and 527,0250 N to 527,1850 N (NAD83, Z17N), and is covered by National Topographic System (NTS) map sheet 41P/11. The Property consists of 1 unpatented mining claim totalling 12 units, and covering an area of 192 ha (Table 1, Figure 2). In the summer of 2017, Tamarack completed a total of 2.0 days of prospecting on the Property. This work was completed from July 5 th through to July 7 th, A prospecting program was completed that targeted the Pacesetter showing located along the south shoreline of Jonson Lake. Work completed included locating historical trenches, partially clearing and sampling them, as well as locating historical diamond drill holes. Prospecting identified altered and sheared mafic volcanics, quartz-feldspar porphyritic dykes, and quartz/carbonate veining. A total of 9 samples were taken from the Property and submitted for analysis. Highlights of the prospecting program include g/t Au, g/t Au, 3.37 g/t Au, 3.41 g/t Au, and 6.62 g/t Au. Additional work on the Property and should include brushing and clearing the historical trenches, as well as washing them for the purpose of channel sampling, as well as further prospecting along strike of the shear/alteration zone. Compilation of historical work should also be completed, specifically the detailed geological mapping and geophysics completed by T.G.R. Resources Ltd. and Onitap Resources Ltd. Upon favourable surface results, diamond drilling could be considered to test the historical Pacesetter shear and 2

5 alteration zone at greater depth then what was tested by Pacesetter, along with testing the shear zone and corresponding VLF anomaly along strike of the showing. Prospecting is also recommended on the west shore of a small pond located 200 m north of Jonson Lake where historical grabs returned values up to 0.29 oz/t Au and 19,200 ppm As have been reported. 3

6 1.0 INTRODUCTION In the spring of 2016, Tamarack staked one unpatented mining claim totaling 12 units (192 ha) in Churchill Township. In the summer of 2017, Tamarack completed a total of 2 days of prospecting on the Property. This work was completed from July 5 th through to July 6 th, The work program, targeting the Pacesetter showing located along the south shoreline of Jonson Lake, was reconnaissance in nature, and consisted of locating historical stripped areas, partially clearing, and sampling them, as well as locating historical diamond drill holes. 2.0 PROPERTY DETAILS 2.1 Location and Access The Property is situated approximately 120 km north of Sudbury, Ontario and approximately 5 km north-west of the village of Shining Tree, Ontario (Figure 1). Access to the Property is provided via Hwy 560 to the village of Shining Tree. A boat is required to cross Shining Tree Lake to portage, located at E, N, that connects to Jonson Lake. A full range of equipment, supplies, services, and skilled labour that would be required for any exploration and mining work are available in the nearby cities of Timmins, Sudbury, and Temiskaming Shores, Ontario. 2.2 Topography and Vegetation The topography of the Property is characterized by rolling hills and flat areas separated by broad swamp areas and lakes. Topographic relief is less than 30 metres in hilly areas where outcrop exposure is up to 5%. Forest cover is a combination of poplar, birch, jack 4

7 pine, and cedar. Overburden is sandy till with very small areas of boulder till and clay. Abundant water resources are present in the lakes, rivers, creeks, and beaver ponds on the Property. The mean elevation of the property is approximately 380 m above sea level. 2.3 Claim The Property is bounded by UTM coordinates 476,200 E to 477,400 E, and 527,0250 N to 527,1850 N (NAD83, Z17N), and is covered by National Topographic System (NTS) map sheet 41P/11. The Property consists of 1 unpatented mining claim totalling 12 units, and covering an area of 192 ha (Table 1, Figure 2). Figure 1: General Location of the Jonson Lake Property, Churchill Township. 5

8 Table 1: Claim Details of the Jonson Lake Property. Township Claim Number Recording Date Claim Due Date Work Required Total Applied Total Reserve Claim Bank Churchill May May-24 $4,800 $0 $0 $0 3.0 PREVIOUS WORK 1974: Pacesetter Mines Ltd. completed trenching and sampling on the south shore of Jonson Lake. The showing has been described as a quartz-carbonate-fuchsite, pyritiferous shear zone with a width of up to 30 feet (9.1 m) within a larger 100 ft (30.5 m) alteration zone. Chip sampling in the trenches returned up to oz/t over 4.6 m. In the same year, Pacesetter completed 8 diamond drill holes totalling m that targeted the gold mineralization encountered in the trenches. The drilling failed to trace out the shear zone, as only 4 holes intersected a weak shear zone with low values (0.045 oz/t Au over 9.1 m) (Born, 1984). 1975: Pacesetter Mines Ltd. completed 13 miles of line cutting, followed by 11.5 miles of VLF EM-16 electromagnetic surveying, and 7 miles of magnetometer surveying. Several strong conductors were noted to be of possible geological significance. No further known work had been completed by Pacesetter : T.G.R. Resources Ltd. completed 20 miles of line cutting and completed VLF EM-16 electromagnetic and magnetic surveying, along with minor prospecting. 1984: Onitap Resources Ltd. completed geological and geochemical soil surveys over the grid that was cut by T.G.R. Resources. Onitap described the alteration zone as being 30 (9.1 m) to 100 ft (30.5 m) wide, consisting of altered carbonate exhalites plus pyrite with strong pervasive sericitization, silicification, carbonatization, and epidotization being present. The alteration zone is cut by numerous quartz-carbonate veins. A quartzfeldspar porphyry bisects the alteration zone and is probably one of the main controls on the gold mineralization. The alteration zone continues to the east and was noted to 6

9 appear to widen and correspond to a deeply weathered and sheared carbonate exhalite. The soil geochemical survey generated numerous gold-in-soil anomalies south of the historical trenches. The VLF EM-16 survey completed by T.G.R. Resources Ltd. generated a strong conductor that corresponded to the alteration zone and/or contact with the overlying pillowed basalts to the east of the trenches (Born, 1984) : C. Suchanek completed line cutting, prospecting, geological mapping, and mechanical stripping on a gold-arsenic unit hosted within felsic volcanics near a pond located in the northern half of the current claim. Encouraging grab samples, up to 0.29 oz/t Au and 19,200 ppm As, were obtained from the work. 7

10 Figure 2: Tenure of the Jonson Lake Property. 8

11 4.0 GEOLOGY 4.1 Property Geology Due to the limited time that the author has spent on the Property, the below summarized description of the geology on the Property has been largely derived from Born s 1984 assessment report completed for Onitap Resources Ltd. on the Jonson Lake Property. The geology of the Property mainly consists of east-west trending basalt flows intercalated with felsic pyroclastic and carbonate exhalite (iron formation) rocks. The entire sequence is cut by various gabbro and diabase-dolerite dykes and by a quartzfeldspar porphyry (Figure 3). The mafic metavolcanic rocks are characterized by medium to light brown coloured weathered surfaces and medium to dark green fresh surfaces. The basalts consist of massive to schistose fine-grained flows and pillowed sequences. Most of the basalts consist of chloritized fine-grained flows which are observed with pillows (1-foot size) which can be used for tops determinations. The flows are generally strongly carbonatized (Born, 1984). The exhalite unit consists mainly of carbonate exhalites (iron formation-carbonate facies), some chlorite schists and an alteration zone. This alteration zone consists of Fecarbonate +/- sericite +/- silicified +/- epidote with pyrite-gossan present in many places. The rocks are generally a chocolate brown colour, gossanous, and strongly weathered. This alteration is associated with a shear zone 30 to 100-foot wide with numerous quartzcarbonate veins (+/- gold mineralization). It also appears that some strongly carbonatized basalt flows may be intercalated with carbonate exhalites +/- pyrite in the alteration zone - shear along the south shore of Jonson Lake. The carbonate exhalites which are along strike both to the west and east of the alteration zone are mainly made up of slightly laminated Fe carbonate exhalites with some fragmental material included or nearby. Typically they are fine-grained and exhibit a dark brown weathered surface with a light grey fresh surface. Minor traceable pyroclastic units are intercalated in the sequence as are chlorite schists (Born, 1984). 9

12 The quartz-feldspar porphyry (QFP) it typically is massive and coarse-grained with 1-3mm quartz and feldspar phenocrysts. The weathered surface is white with a pinkish fresh surface. In the vicinity of the alteration zone-shear zone the QFP is often carbonatized with some quartz veining. The spatial and textural features tend to suggest that the quartz-feldspar porphyry is intrusive in nature, and was altered by later shearing. The QFP is located near and interrelated with the main carbonate alteration zone and is somehow related to the gold mineralization (Born, 1984). Several northwest trending diabase dyke crosscut the metavolcanic rocks and range in approximate width from 6 to 30 metres. The diabase weathers a red-brown colour and tends to form ridges parallel to the strike of the dyke. Texturally, the diabase is fine to medium-grained and exhibits sub-ophitic textures. The rocks consist of 30-50% sericitized-epidotized plagioclase and 50-70% chloritized pyroxene (Born, 1984). 10

13 Figure 3: Property Geology (after OGS MRD 216). 11

14 PROSPECTING PROGRAM 5.1 Methods In the summer of 2017, Tamarack completed a surface prospecting program on the Caribou Lake Property. The above program was completed on the property from July 5 th through to July 6 th, A total of 2.0 days were spent prospecting on the Property. 5.2 Work Completed The prospecting program targeted the Pacesetter showing located along the south shoreline of Jonson Lake. Work completed included locating historical trenches, partially clearing and sampling them, as well as locating historical diamond drill holes. 5.3 Assay Results Prospecting along the south shoreline of Jonson Lake identified altered and sheared mafic volcanics, quartz-feldspar porphyritic dykes, and quartz/carbonate veining. A total of 9 samples were taken from the Property and submitted for analysis. Figure 4 provides the location of the samples. Highlights of the prospecting program include g/t Au, g/t Au, 3.37 g/t Au, 3.41 g/t Au, and 6.62 g/t Au. Sample descriptions are provided in Table 2, and assay certificates and photographs of the samples can be found in Appendix II & III respectively. Figure 4 provides the location of the samples. Sulphide content within the altered and sheared mafic volcanics ranged from trace to 1% pyrite, with possible arsenopyrite noted in one sample (Table 2). 12

15 5.4 Historical Data The author was able to locate several historical trenches that were completed by Pacesetter Mines. Their locations are provided in the sample descriptions (Table 2). Discarded drill core (IEX diameter) at the north end of a trench adjacent to shoreline was located at E, N. The author believes this discarded core to be proximal and belonging to historical drill hole PA-1. A discarded drill rod, sticking upright in overburden, was also located at E, N. The author believes this to be proximal to the location of historical drill holes PA-5, and PA-6. No casings were found in the field. Drill logs do not indicate if the casings were left in the hole or later removed. 5.5 Sample Preparation, Analyses, and Security Geochemical grab samples were prepared and assayed for gold by AGAT Laboratories of Mississauga, Ontario. AGAT is accredited to ISO/IEC by Standards Council of Canada. All analysis was completed using industry standard methods. Once received by AGAT, the entire sample is crushed and 250 grams is pulverized. Gold analysis is performed using a 30g fire assay fusion followed by an Inductively Coupled Plasma Optical Emission Spectrometry (ICP-OES) finish. The detection limit for gold using this method is ppm, and the upper limit is 10 ppm. 13

16 Table 2: Sample Details Sample Easting Northing Rock Type Texture Structure Alteration Mineralization Au (ppm) Comments Quartz Feldspar Porphyry Altered Mafic Volcanic Altered Mafic Volcanic Altered Mafic Volcanic Altered Mafic Volcanic Altered Mafic Volcanic Altered Mafic Volcanic Quartzcarbonate vein Quartz Feldspar Porphyry porphyritic, phenocrys up to 2mm in size fine to medium grained fine to medium grained fine to medium grained fine to medium grained fine to medium grained fine to medium grained porphyritic, phenocrys up to 2mm in size strong pervasive sericite, carbonate strong pervasive sericite, carbonate, irregular quartz veining mm's in thickness trace disseminated and euhedral pyrite 0.5 1% finely disseminated pyrite trace to 0.5% finely disseminated pyrite strong pervasive trace to 0.5% sericite and finely carbonate about disseminated 1 8mm and euhedral "laminar" quartz pyrite veins strong pervasive trace to 0.5% sericite and finely carbonate about disseminated 1 8mm and euhedral "laminar" quartz pyrite veins strong pervasive trace to 0.5% sericite and finely carbonate about disseminated 1 8mm and euhedral "laminar" quartz pyrite veins strong pervasive trace to 0.5% sericite and finely carbonate about disseminated 1 8mm and euhedral "laminar" quartz pyrite veins weak to moderate chlorite filled fractures 0.5 1% diss pyrite + arsenopyrite? no visible sulphides Quartz Vein 0.5% euhedral pyrite Sample taken in middle of 1m x 6m trench rusty orange weathered surface sample taken from the middle of a 1m by 8 m trench 3.37 samples through to taken from 2m x 2m trench/blasted face on edge of hill samples through to taken from 2m x 2m trench/blasted face on edge of hill 3.41 samples through to taken from 2m x 2m trench/blasted face on edge of hill samples through to taken from 2m x 2m trench/blasted face on edge of hill sample taken from 2m x 2m trench 3 m from lake. Mineralization found within vein and along chloritefilled fractures Not sampled 2m by 2m flat lying outcrop " quartz vein, broken up, blasted pit. Hosted within carbonatized intermediate to mafic volcanics 14

17 Figure 4: Sample Locations 15

18 6.0 CONCLUSIONS The principle conclusions of the 2017 prospecting program on the Jonson Lake Property are as follows: 1) Highly anomalous gold, up to g/t, was sampled from several overgrown trenches that were established by Pacesetter Mines Ltd. in Although not verified from the limited prospecting completed by Tamarack, historical reports mention that the trenches are located within a 30 ft (9.1 m) to 100 ft (30.5 m) wide shear zone. The shear zone trends east-southeast, and dips approximately 60 degrees to the north under Jonson Lake. 7.0 RECOMMENDATIONS The following recommendations can be made on the basis of the 2017 prospecting completed on the Jonson Lake Property: 1) Compilation of historical work should also be completed; specifically the detailed geological mapping and geophysics completed by T.G.R. Resources Ltd. and Onitap Resources Ltd should be compiled into a GIS database. 2) Additional work on the Property and should include brushing and clearing the historical trenches, as well as washing them for the purpose of channel sampling, as well as further prospecting along strike of the shear/alteration zone. 3) Upon favourable surface results, diamond drilling could be considered to test the historical Pacesetter shear and alteration zone at greater depth then what was tested by Pacesetter, along with testing the shear zone and corresponding VLF anomaly along strike of the showing. 16

19 4) Prospecting is also recommended on the west shore of a small pond located 200 m north of Jonson Lake where historical grabs returned values up to 0.29 oz/t Au and 19,200 ppm As have been reported. 17

20 8.0 REFERENCES Ayer, J.A. and Chartrand, J.E Geological compilation of the Abitibi greenstone belt; Ontario Geological Survey, Miscellaneous Release Data 282. Born, P Geological Survey prepared for Onitap Resources Ltd. Born, P Geophysical Surveys; prepared for T.G.R Resources Ltd. Dowhaluk, H Drill logs prepared or Pace Setter Mines Ltd. McConnell, J. D Internal Summary; prepared for Pace Setter Mines Ltd. Ministry of Northern Development and Mines; Geology of Ontario, Assessment File Research Information (AFRI) found at Ontario Geological Survey, :250,000 Scale Bedrock Geology of Ontario; Ontario Geological Survey, Miscellaneous Release Data 126 revised. Percival, J.A., Easton, R.M., 2007: Geology of the Canadian Shield in Ontario: An update; Geological Survey of Canada, Open File 5511, Ontario Geological Survey, Miscellaneous Release Data 216. Suchanek, C Report on the Churchill Property, Churchill Twp., Ontario. 18

21 Appendix I Statement of Qualifications

22 Statement of Qualifications I, Joerg Martin Kleinboeck of 147 Lakeside Drive, North Bay, Ontario, do hereby certify that: I am a graduate of Laurentian University, Sudbury, Ontario with a B.Sc. Geology, 2000, and have been practising my profession as a geologist since. I am a member with the Association of Professional Geoscientists of Ontario (#1411). I am a member of the Prospectors & Developers Association of Canada (PDAC). I hold no interests in the securities of Tamarack Gold Resources, Inc. Joerg Martin Kleinboeck JMK Exploration Consulting August 21 st, 2017 North Bay, Ontario

23 Appendix II Assay Certificate

24 5623 McADAM ROAD MISSISSAUGA, ONTARIO CANADA L4Z 1N9 TEL (905) FAX (905) CLIENT NAME: MISC AGAT CLIENT ON, ON ATTENTION TO: Joerg Kleinboeck PROJECT: AGAT WORK ORDER: 17T SOLID ANALYSIS REVIEWED BY: Sherin Moussa, Senior Technician DATE REPORTED: Aug 02, 2017 PAGES (INCLUDING COVER): 5 Should you require any information regarding this analysis please contact your client services representative at (905) *NOTES All samples are stored at no charge for 90 days. Please contact the lab if you require additional sample storage time. Laboratories (V1) Page 1 of 5 Results relate only to the items tested and to all the items tested

25 CLIENT NAME: MISC AGAT CLIENT ON DATE SAMPLED: Jul 20, 2017 DATE RECEIVED: Jul 12, 2017 DATE REPORTED: Aug 02, 2017 SAMPLE TYPE: Other Analyte: Unit: Au ppm Sample ID (AGAT ID) RDL: ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) ( ) Certificate of Analysis AGAT WORK ORDER: 17T PROJECT: ATTENTION TO: Joerg Kleinboeck ( ) Fire Assay - Trace Au, ICP-OES finish (ppm) 5623 McADAM ROAD MISSISSAUGA, ONTARIO CANADA L4Z 1N9 TEL (905) FAX (905) Comments: RDL - Reported Detection Limit CERTIFICATE OF ANALYSIS (V1) Certified By: Results relate only to the items tested and to all the items tested Page 2 of 5

26 CLIENT NAME: MISC AGAT CLIENT ON REPLICATE #1 Parameter Sample ID Original Replicate RPD Au % Quality Assurance - Replicate AGAT WORK ORDER: 17T PROJECT: ( ) Fire Assay - Trace Au, ICP-OES finish (ppm) ATTENTION TO: Joerg Kleinboeck 5623 McADAM ROAD MISSISSAUGA, ONTARIO CANADA L4Z 1N9 TEL (905) FAX (905) QUALITY ASSURANCE REPORT Page 3 of 5 Results relate only to the items tested and to all the items tested

27 CLIENT NAME: MISC AGAT CLIENT ON CRM #1 (ref.gs5q) Parameter Expect Actual Recovery Limits Au % 90% - 110% Quality Assurance - Certified Reference materials AGAT WORK ORDER: 17T PROJECT: ( ) Fire Assay - Trace Au, ICP-OES finish (ppm) ATTENTION TO: Joerg Kleinboeck 5623 McADAM ROAD MISSISSAUGA, ONTARIO CANADA L4Z 1N9 TEL (905) FAX (905) QUALITY ASSURANCE REPORT Page 4 of 5 Results relate only to the items tested and to all the items tested

28 CLIENT NAME: MISC AGAT CLIENT ON PROJECT: SAMPLING SITE: PARAMETER Solid Analysis Au MIN Method Summary AGAT S.O.P SAMPLED BY: BUGBEE, E: A Textbook of Fire Assaying AGAT WORK ORDER: 17T ATTENTION TO: Joerg Kleinboeck LITERATURE REFERENCE ANALYTICAL TECHNIQUE ICP-OES 5623 McADAM ROAD MISSISSAUGA, ONTARIO CANADA L4Z 1N9 TEL (905) FAX (905) METHOD SUMMARY (V1) Page 5 of 5 Results relate only to the items tested and to all the items tested

29 Appendix III Photographs of Samples

30 Sample Sample

31 Sample Sample

32 Sample Sample

33 Sample Sample

34 Sample