DIOS EXPLORATION GEOLOGICAL REPORT ON THE K2 GOLD PROJECT LAC ELMER AREA, JAMES BAY QUEBEC (33C05)

Transcription

1 Dcuments cmplémentaires / Additinal files Licence / License DIOS I EXPLORATION ' ' GEOLOGICAL REPORT ON THE K2 GOLD PROJECT LAC ELMER AREA, JAMES BAY QUEBEC (33C05) 1 1 GM 6 9?7 5 By Harld Desbiens, M.Sc. Ge And Carl! Desrmeaux, P.Ge, Jr. Eng. ' I Presented t Marie-Jsé Girard, M.Sc. Ge President Dis Explratin Inc. ' June 10`h i ~~1 ~ ~ ~ ~i' JAN R eçu 0 4 NOV GESTION DU M UÉ MD ~ÉR

2 MOSEXPLOWION- 2016X2 GEOLOGICAL REPORT Table f Cntents 1. INTRODUCTION 1 2. PROPERTY OVERLOOK 2 3. LOCATION, ACCESS, CLIMATE, PHYSIOGRAPHY & INFRASTRUCTURE 3 4. GEOLOGICAL SETTING Reginal Gelgy Lac Elmer Area Gelgy K2 Prperty Gelgy HISTORY EXPLORATION WORK K2 HISTORICAL SHOWING COMPILATION ( ) MINERALIZATION & ALTERATION STRUCTURAL GEOLOGY EXPLORATION MODEL PROPERTY HIGHLIGHTS CONCLUSION AND RECOMMENDATIONS REFERENCES Wrk Depsited t the MRNQ & Dis Internal Dcuments Articles, Presentatins, Publicatins & Websites 62 List f Tables Table 1: Dis K2 Prject Mining Titles ( ) 3 Table 2: Lac Elmer Gld and Base Metal Shwings (excluding Dis K2 prperty) 16 Table 3 : K Anmalus Assay Results 31 Table 4: K2 Gld-Cpper-Silver Histrical Occurrences Table 5: K2 Histrical Gld Shwings 38

3 DIOSF.XPLOR,4TION- 2016K2 GEOLOGICAL REPORT List f Figures Figure 1 : Claim Dispsitin Map 2 Figure 2 : Dis Gld Prjects in James Bay 4 Figure 3 : K2 Prperty Lcatin 5 Figure 4: Hydrelectric Facilities 5 Figure 5 : Reginal Gelgy and Sub-prvinces (mdified frm Hcq, 1985) 6 Figure 6 : Lwer Eastmain Greenstne Belt Reginal Gelgy & DIOS Gld Prperties 9 Figure 7 : Lwer Eastmain Gld Occurrence Cmpilatin 10 Figure 8 : Lac Elmer Gelgy 14 Figure 9 : Lac Elmer Gld Occurrences 15 Figure 10: K2 Prperty Gelgy 22 Figure 11: K2 Prperty Gelgy & Magnetic 1st Vertical Derivative Map 23 Figure 12: Westmin Grids n the K2 prperty 29 Figure 13: DDH Cmpilatin in the Lac Elmer area 30 Figure 14: Quartz-chalcpyrite-pyrite vein (Sample ) 33 Figure 15: K Anmalus Assay Results & New Shwings 34 Figure 16: K2 Gld Outcrp Sample Cmpilatin 40 Figure 17: K2 Gld Outcrp Sample Cmpilatin & Magnetic 1st Vertical Derivative Map 41 Figure 18: K2 Cpper Outcrp Sample Cmpilatin 42 Figure 19: K2 Silver Outcrp Sample Cmpilatin 43 Figure 20: Westmin B Hrizn Sil Sampling Cmpilatin 44 Figure 21: Pyrite Occurrences 46 Figure 22: Chalcpyrite Occurrences 47 Figure 23: Pyrite-Chalcpyrite Occurrences & Magnetic 1st Vertical Derivative Map 48 Figure 24: Quebec gvernment ptential map fr James Bay Cu-Au-M prphyry 53 Figure 25: Kali Lake Fault Gld Target 54 ii

4 DIOSFYPLOR,QTION (2 GL'OLOGICfIL PORT List f Annexes Annex 1: DIOS K2 Claim List (01/05/2016) 72 Annex 2: Dis K2 Gelgical Cdes 74 Annex 3: K Wrk & Claims 75 Annex 4: K Outcrp Lcatin 76 Annex 5: K Outcrp Descriptins 77 Annex 6: K Sample Lcatin 79 Annex 7: K Sample Descriptins 80 Annex 8: K Certificates f Analysis 82 Annex 9: K2 Samples Cmpilatin iii

5 DIOSFYPLOR 1TION 2016K2 GL'OLOGICIL REPORT 1. INTRODUCTION The K2 gld prject was initiated in 2012 by Dis Explratin frm an exhaustive gelgical cmpilatin f the Lwer Eastmain River Greenstne Belt. The prperty is lcated in the Lac Elmer area in the 33C05 NTS sheet, apprximately 270 km nrth f Matagami and 180 km suth f Radissn, in James Bay territry, Quebec. It is als situated abut 125 km suthwest f Gldcrp's Elenre gld mine, cntaining prven and prbable mineral reserves f millin tns grading 6.30 g/t Au, fr a ttal f 4.97 Mz (Gldcrp website, 2015). The Eastmain Resurces Lac Elmer A21 Zne (up t 0.5 g/t Au and 45 g/t Ag ver 30m) is lcated abut 10km nrtheast f the K2 prperty. Previus explratin wrk in the 1980's by Westmin and the SDBJ identified several gldcpper-silver ccurrences (up t 2.6 g/t Au, 8.28% Cu & 34 g/t Ag) in the vicinities f Kali Lake, at r near the cntact between the synvlcanic Kali Quartz Prphyry and calc-alkaline felsic vlcanic-tuff sequences. The K2 prperty straddles this highly prspective cntact cincident with a distinct magnetic high anmaly cut by WNW and ENE riented structures. Typical mineralizatin cnsists f disseminated pyrite-chalcpyrite assciated with quartz +/- carbnates-ankerite veins, silicified +/- bititized-sericitized fractures and shear znes. The mre recent discvery f significant gld mineralizatin within felsic and diritic intrusins n Dis AU33 prperty (Hebert Zne up t 2.13 g/t Au ver 22.90m and 1.15 g/t Au ver 64.00m) enhanced the gld ptential assciated with the Kali Quartz Prphyry. In 2014, a neday field recnnaissance was carried ut n the nrthern part f the prperty and cnfirmed the presence f gld-cpper-silver mineralizatin, bth in intrusive and vlcanic rcks. New shwings returned up t 3.39 g/t Au, 5.39 g/t Au, 5.05% Cu & 111 g/t Ag and 0.11 g/t Au, 0.85% Cu&41g/tAg. This reprt aims t describe the results f the 2014 ne-day recnnaissance cnducted by Dis Explratin n the K2 gld prject and t present a cmpilatin f the previus explratin wrk cmpleted n the prperty. 1

6 20y6A-2 CEOLOGICILREPORT 2. PROPERTY OVERLOOK The K2 prperty is cmpsed f 31 cntiguus map-staked claims, whlly-wned by Dis Explratin, cvering a ttal surface area f km 2 (Table 1 and Annex 1). All claims are lcated within the 33C05 NTS sheet (Figure 1). Map-designated claims were gradually acquired between 2012 and The claims are valid fr a perid f tw years and renewable. The claims are nt subjected t restrictins n explratin activities and are lcated in lands f categry I! (i.e. exclusive fishing & hunting rights) under Quebec James Bay cnventin. They are within the V[33 trap line and its tallyman is Peter Weapenicapp frm Eastmain village ( The prperty is lcated 7.5km nrtheast f the Cree Eastmain reserve (lands f categry I). Figure 1 : Claim Dispsitin Map P ~~NN~~ ~~w~~=~ EXPLORATION ` p ~ K2 Prperty Ei Claim CDC = ~ ~ ~ vb., 4. ' NAD wævne1x i Km 33C04-05 = 3k 304) b00 308b00 309b b00 ~ 2

7 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Table 1: Dis K2 Prject Mining Titles ( ) 1 Cells NTS Area Prperty (CDC) Sheet Sq. Km K C Fasting UTM Nad Nrthing UTM Nad t 3. LOCATION, ACCESS, CLIMATE, PHYSIOGRAPHY & INFRASTRUCTURE The K2 prperty is lcated apprximately 270 Km nrth f Matagami and 180 Km suth f Radissn, in Nrthern Quebec, James Bay territry (Figure 2). It is als situated 125 km SW f Gldcrp's Elenre gld mine. The prject is near all-seasn rads, abut 45km west f the Matagami-Radissn rad and 20km nrth f the rad linking the Cree Eastmain Village (Figure 3). It can be wrked all-year rund by helicpter frm Km 381 Relay camp and its heli-base, lcated abut 45km t the east. Previus drilling in the Elmer Lake area by ther cmpanies was dne with a 30km lng winter rad frm the Km 425 f Radissn-Matagami paved rad. The prject is near hydrelectric facilities, abut 70 km west f a 315-kV high vltage pwer line s (Figure 4). The K2 prperty is lcated in the vicinities f Kali Lake, abut 10km SW f Elmer Lake. It is lcated suth and adjacent t Dis Sl gld prject. The Opinaca River marks the bundary between the prperties. The physigraphy is rather flat, lightly undulating with hills and lakes. Bedrck expsure is generally gd n the prperty. Vegetatin is sparse t mderate, t 1 f cnsisting f typical nrth Canadian Shield black spruces, jack pines, mss, Kalmia and Labradr tea. The climate is typical f the James Bay with temperate t sub-arctic cnditins. Average summer temperatures vary frm 5 t 25*C while winter is fairly cld with temperatures between -20 t -40`C. Precipitatins average 2 m annually. Explratin activities can be carried ut all year rund but field seasn is typically between the beginning f June and mid-octber. 3

8 DIOSL'XPLOR/4TION 2016 GL'OLO0ICf1L REPORT Figure 2 : Dis Gld Prjects in James Bay Dis K2 Gld Prject Elenre Gld Mine Gldcrp Dis 33 Carats Gld Prject * *A Clearwater Gld Depsit Dis Au33 Eastmain Resurces Gld Prject r Chibugamau 4

9 DIOS EXPLORATION K2 GEOLOGICAL REPORT Figure 3 : K2 Prperty Lcatin 8 - an ô a an 310p00 W DIOS EXPLORATION K2 Gld Prject , ,000 Elmer Lake Opinaca River Radissn 3sp Sarcelle Eastmain River Sl Gld Prject Relais Km 381 Eastmain Village - h Q 10 UTIA NAD 83 Zne 18 + Km 33CO3-C04-C Matagami t n w Figure 4: Hydrelectric Facilities Wemindji T Lac Sakami Lac Byd Bale James Eastmain Dis K2 0 Réservir!1' Opinaca Elenre Mine Gldcrp Centrale de l'eastrnain-1 Réservir de ['Eastmain I 5

10 DIOS EXPLORATION K2 GEOLOGICAL REPORT 4. GEOLOGICAL SETTING 4.1 Reginal Gelgy The K2 prperty is lcated in the western part f the Archean Lwer Eastmain Greenstne Belt (LEGB). The LEGB lies within the suthern part f the La Grande vlcan-plutnic sub-prvince, which is surrunded by the yunger Opinaca metasedimentary sub-prvince (Figure 5). The La Grande sub-prvince (2752 t 2696 Ma) is mainly cmpsed f syn- t late-tectnic plutnic rcks and tw majr greenstne belts: the La Grande (LGGB) and the Lwer Eastmain (LEGB). Figure 5 : Reginal Gelgy and Sub-prvinces (mdified frm Hcq, 1985) i" Zne 32 Gld Depsit Virginia Mines L, ~~`~ La Grande Greenstne Belt ~ ~~:,~-~.~ _, ~~~d i La Grande f OPINACA ws ~ r 1Elenre Gld Mine Gldcrp Dis K2 Gld Prject Clearwater Gld Depsit { Eastmain Resurces OPINACA ~ _ Dis Au33WEST Gld Prject.. La Grande ; The Opinaca sub-prvince (2700 t 2648 Ma) cmprises paragneisses, migmatites and granitic rcks, representing exhumed metasedimentary basins and metamrphic dmes. The K2 prperty is lcated 3 km nrth f the cntact between these gelgical sub-prvinces, mstly 6

11 IIOSL'XPLORf1TION 20161r2 GEOLOGICIL REPORT marked by the transitin frm vlcan-sedimentary rcks t granitic and metamrphic dmains. Metamrphic grade ranges frm greenschist t amphiblite facies fr the La Grande and frm amphiblite t granulite facies fr the Opinaca. The Lwer Eastmain greenstne belt is abut 250km lng, 10 t 70 kilmetres wide, and extends east-west frm James Bay shres t central Quebec alng the Eastmain River (Figure 6). The LEGB cmprises fur main vlcanic cycles: Kauputauch ( My), Natel ( My), Anatacau-Pivert ( My) and Km-Kasak (<2705 My) frmatins (Mukhsil & al., 2002). Tw perids f sedimentatin verlie the vlcanic cycles: the Wabamisk, Anacnda and Clarkie frmatins ( My) and the Auclair frmatin (<2697 My). The tp f the Wabamisk Fm is defined by the presence f plygenic and mngenic cnglmerates primarily cmpsed f tnalitic-diritic pebbles. The LEGB has undergne several episdes f magmatic activity. Intrusins are subdivided in three categries: synvlcanic (2747 t 2710 Ma), syntectnic ( My) and late t pst-tectnic (<2697 My). Finally, Prterzic diabase dykes crsscut the intrusive and supracrustal rcks f the LEGB. Three main phases f reginal defrmatin are recgnized within the Middle-Lwer Eastmain regin (Bily & Mukhsil, 2002). The first (D1) is characterized by an E-W trending schistsity ( My); the secnd (D2) is assciated with a NE-SW, lcally N-S schistsity ( My); the third (D3) is a WNW-ESE t NW-SE schistsity and affects syn- t pst-tectnic intrusins (<2688 My). The Lwer Eastmain district hsts numerus gld ccurrences, as shwn n DIOS cmpilatin map (Figure 7). Gldcrp's Elenre gld mine (8.83 Mz unces in all categries) is lcated apprximately 125 km NE f K2 prperty. In 2014, prven and prbable mineral reserves f millin tns grading 6.30 g/t Au were measured, fr a ttal f 4.97 Mz, (Gldcrp website, 2015). The Elenre depsit is lcated a few kilmeters suth f the cntact between the Opinaca and La Grande sub-prvince, representing a reginal metamrphic gradient. The depsit is hsted within metasedimentary sequences f the Lw Frmatin, part f the La Grande sub-prvince, alng the nrthern edge f the Ell Lake diritic-tnalitic intrusin. Ore znes cnsist f a series f sub-parallel decameter-size gld-bearing lenses, characterized by stckwrks and replacement-style mineralizatin hsted by ply-defrmed sedimentary rcks, 7

12 DIOSFYPLOR4TIOIV (2 GL'OLOGIC,4L REPORT usually cmpsed f thinly bedded greywackes. Higher grade gld mineralizatin is assciated with the presence f large amunts f fine-grained micrcline (ptassic alteratin), disseminated brwn turmaline (dravite) and arsenpyrite. The Elenre depsit is hsted within a subvertically plunging kilmeter-scale F2 synfrmal anticline. The vertical extent f the mineralized system has been traced t 1500m belw surface. Recnnaissance wrk n the ElI Lake prphyry-style gld-cpper-silver ccurrences, fund by Nranda in 1964, led Virginia Mines t the discvery f Elenre. Mineralizatin was cmpsed f quartz-pyrite-chalcpyrite veinlets and stckwrks hsted within the ElI Lake diritic-tnalitic intrusin, clse t the cntact with the metasediments. The Eastmain Resurces Clearwater gld depsit is reprted t cntain a cmbined measured & indicated NI resurce f 4.87 Mt grading 4.60 g/t (721,000 unces f gld), and inferred resurces f 6.5 Mt grading 5.45 g/t (1,122,000 unces f gld). The Clearwater depsit is lcated at the intersectin f three majr structures, n the suthern limb f a F2 anticlinal fld clsure plunging t the west. The depsit has been traced fr tw kilmetres in length and t a vertical depth f 900 metres. The 450 West Zne ccurs within a 200m wide defrmatin crridr bunded t the nrth (ftwall) by felsic vlcanic rcks and t the suth (hanging wall) by a felsic prphyry dyke swarm. Gld mineralizatin cnsists f Au-(Te-Bi-M-Ag) bearing quartz-carbnate-turmaline veins mainly hsted by high irn-thleiitic mafic vlcanics f the Eau Claire frmatin, with less than 3% sulphides cnsisting f pyrite, pyrrhtite, chalcpyrite and rare mlybdenite. Tellurides are als cmmnly bserved in assciatin with gld. The Eastmain Resurces Reservir Gld-Cpper C-52 Zne is lcated 45 km west f Clearwater and 60 km suthwest f Elenre gld depsits. The C52 Zne cnsists f tw r mre gldbearing hrizns extending ver an area f 2100m lng by 150m wide. Mineralizatin cmprises disseminated pyrrhtite-pyrite-chalcpyrite assciated with bitite-actinlite and lcal carbnate alteratin, mainly hsted at r near the cntact between a feldspar prphyry and mafic vlcanic rcks (GM 63558). Mineralizatin is cncentrated in thin bands and within a dense micr-fracture system filled with sulphides, magnetite and chlrite. Wide znes f ptassic (bitite) alteratin and sdium (albite) enrichment, crss-cut by late quartz-calcite veinlets, are bserved in bth prphyry and adjacent mafic vlcanic rcks. A cpper-gld prphyry-related mdel was initially prpsed fr the C-52 Zne (Gauthier & Larcque, 1998). 8

13 DIOS EXPLOKITIO1V- 20!6K.2 GEOLOGICAL REPORT Figure 6: Lwer Eastmain Greenstne Belt Reginal Gelgy & DIOS Gld Prperties p asp sp N, -0 8 wp DIOS Ne. EXPLORATION Elenre Gldcrp Opinaca Dis K2 Gld Prject 0-0 c Dis Gld Prperty LEGB Gelgy Felsic Vlcanics (NI 1 03 Intermediate Vlcanics Mafic Vlcanics I= Gabbr Shadw 8 MI Irn Frmatin -0 Cnglmerate Metawacke 0- CO Opinaca Dis AU33 Hebert Eastmain Clearwater 0 c r- in Metawacke Quartz/Feldspar Prphyry Dirite Quartz Dirite 0 Tnalite r- Grandirite Granite 0 - "It in La Grande MI ET Pegmatite Opinaca Prvince UTM NAD 83 Zne 18 Cs' 33C Km d000 42d d sb Authr: Carl! Desrmeaux P.Ge, Jr. Eng. Date:

14 DIOS EXPLORATION K2 GEOLOGICAL REPORT Figure 7: Lwer Eastmain Gld Occurrence Cmpilatin 300p00 320,000 s rs D Lac Elmer K2 3g- "-J.- 0* , ,000 Osisk Anatac u-wabamisk Reservir - Elenre Gldcrp Shadw.4eis LI) - iir4 ris r AU33 Underdg Hebert asp sp lam Hecla Mining-1 Opinaca Prject iw Cheech LeCarn N Gldcrp Wabami k 40 W DIOS Nr EXPLORATION Lwer Eastmain Cmpilatin -- Gld Occurence C r - f*. Au g/t > Dis Gld Prperty it ssb 3$ asb 480b00 sb 0 40 Km UTM NAD 83 Zne 18 33C Authr: Carl! Desrmeaux P.Ge, Jr. Eng. Date:

15 DIOS EXPLORATION K2 GEOLOGICAL REPORT 4.2 Lac Elmer Area Gelgy The K2 prperty is lcated in the Lac Elmer area, nrth f the Opinaca Fault (Figure 8). The Lac Elmer area is underlain by a km thick vlcanic assemblage part f the Lwer Eastmain Greenstne Belt, bunded by the Pawachis and Duxbury bathliths t the nrth and Opinaca- Nemiscau metasedimentary rcks t the suth. The Opinaca fault is a NE-SW trending nrthdipping shear zne fllwed ver 9km alng the Opinaca River that divides the gelgy f the Lac Elmer area in tw distinct lithlgical dmains (Bernier & Cnstantin, 1997). Metamrphic grade ranges frm upper greenschist in the nrthern dmain, t lwer amphiblite facies suth f the Opinaca fault. The K2 prperty is lcated 3 km nrth f the cntact between the Opinaca (Nemiscau) and La Grande gelgical sub-prvinces. The nrthern dmain is primarily cmpsed f calc-alkaline felsic t intermediate vlcanic-tuff sequences f the Kauputauch Fm (2752 My), intruded by synvlcanic felsic prphyries (Kali QP, Elmer QFP), and gabbric-diritic intrusins, dykes and sills. The Kali and Lac Elmer gld ccurrences are spatially assciated with the Kali Quartz Prphyry (2744 ± 5My) and Elmer Quartz-Feldspath Prphyry ( ± 1.5 My) respectively. The suthern dmain cmprises thleitic basalts f the Km Fm (2705 ± 3My), verlain by the Wabamisk Fm cnsisting f yunger calc-alkaline felsic t intermediate vlcanic-tuff sequences, intercalated irn frmatins, and minr layers f greywacke and cnglmerates. The supracrustal sequences suth f the Opinaca fault are flded by a reginal ENE-WSW riented antifrmal syncline tilted t the suth and plunging t the west. The Km and Wabamisk Frmatins are wrapped arund the Kasapawatish felsic plutn (2728 ± 3 My), interpreted as a synvlcanic intrusin (Mukhsil & al., 2001). Dis SOLO prperty is centered n the fld clsure f the antifrmal syncline. Extensive frmatinal E.M inputs and I.P. anmalies cincident with gld-in-sil anmalies are subparallels t the stratigraphy f the SOLO prperty and might represent irn frmatins r sulphidized lithlgical cntacts (GM 68166). Since the early 1980's, several Au +/- Ag-Cu-Zn shwings have been discvered in the Lac Elmer area, mstly lcated nrth f the Opinaca fault within the Kauputauch Fm (Table 2 & Figure 9). 11

16 DIOSL'XPLORITION GL'OLOGICflL REPORT Five types f gld mineralizatin are bserved: 1- Vlcangenic disseminated, semi-massive t massive and/r stringer sulphides cnsisting f PY-CPY-SP-(rare GL), lcally assciated with quartz veins. Mineralizatin is hsted within sheared and sericitized felsic vlcanic-tuff sequences (Lac Elmer A21, Cpper, Silver, Zinc, Lac Mitaine and West Znes). 2- Stratabund disseminated sulphides PY-PO±ASPY, lcally assciated with quartz-turmaline veins and/r fuchsite alteratin, hsted in cherty tuff hrizns (Lidge, Lucille and Grid A-16). 3- Quartz ± ankerite-turmaline veins r stckwrk with 1-5% PY± CPY-SP hsted in gabbr intrusins r in felsic vlcanics (Gld, Gabbr, Patwn, Barrick and East Znes). 4- Prphyry-type Au-Ag-Cu mineralizatin cnsisting f disseminated sulphides up t 15-30% PY- CPY assciated with quartz ±carbnate veins, stckwrks, fracture-filling and/r shear znes. Mineralizatin is hsted within the Kali Quartz Prphyry and felsic vlcanics, at r near the cntact between the tw units (Kali shwings). 5- Shear znes related t the Opinaca fault. Mineralizatin is cmpsed f disseminated and stringer sulphides up t 15% PY ± traces CPY hsted within strngly sheared and sericitized felsic vlcanic-tuff sequences (Opinaca shwing). The Lac Elmer Prperty (Eastmain Resurces-Barrick JV) is lcated adjacent t the nrtheast f the K2 prperty. The gld and plymetallic Ag-Cu-Zn ccurrences are mainly hsted within a 12km lng ENE-WSW trending rhylitic-dacitic vlcanic-tuff sequence, intruded by the Elmer synvlcanic quartz-feldspar prphyry (Figure 9). The A21 Zne is hsted within the Lac Elmer Hrizn cnsisting f a sheared and sericitized rhylite sequence with garnet-bitite-chlriteandalusite alteratin, abut 1.8km lng and up t 600m wide (GM 68280). Extensive drilling f the A21 Zne returned up t 0.5 g/t Au and 45.0 g/t Ag ver 30m in DDH Lithgechemistry indicates that the intense sericitic alteratin is assciated with a sdium depletin (-1%) and a ptassium enrichment (+3%). Mineralizatin is cmpsed f 1-10% disseminated and stringer/veinlet sulphides cnsisting f pyrite +/- chalcpyrite-sphalerite. The 12

17 DIOSEXPI-OR1TIOV 2016X1 GEOLOGIC/IL REPORT sulphide veinlets are flded and discrdant t the stratigraphy, suggesting a pre-defrmatin mineralizing event and prbably synvlcanic (Bernier & Cnstantin, 1997). The A21 Zne is utlined by mderate t strng I.P chargeability anmalies assciated with a magnetic lw. Ging suthward, the Lac Elmer Hrizn is verlain by sericite-bitite altered intermediate vlcanic rcks cntaining disseminatins and veinlets f sphalerite. Next in the stratigraphic pile, felsic vlcanics are ften intruded by what appear t be carbnate-altered gabbric sills cntaining quartz-ankerite veins lcally enriched in gld. The gelgical envirnment f the Lac Elmer area is similar t the multi-millin unce Busquet gld mining camp, with the dminance f calc-alkaline felsic vlcanics intruded by felsic synvlcanic intrusins, the presence f several mineralized znes cmpsed f vlcangenic sulphides (PY-PO±CPY-SP-GL) with Au/Ag rati <1, extensive sericitic alteratin znes and lcal aluminsilicates-bearing felsic vlcanic rcks (Bernier & Cnstantin, 1997). Gauthier & Larcque (1998) interpreted the Lac Elmer Zne as a neutral epithermal system assciated with a prphyry intrusin (MB 98-10). The underlying Elmer quartz-feldspar prphyry is prbably the surce f the hydrthermal fluids fr the plymetallic Au-Ag-Cu-Zn-Pb mineralizatin (ET ). A metal (Cu/Zn) znatin is strngly evident, with the predminance f cpper mineralizatin (Cpper Zne) clse t the synvlcanic intrusin and mre distal Ag-Zn-Pb mineralizatin in the verlying rhylitic vlcanic-tuff sequences. Mineralizatin is assciated with alteratin znes typical f prphyric systems: ptassic, phyllic, prpylitic and aluminus. The aluminus garnet-staurtide-andalusite assemblage and extensive sericite-bitite-pyrite alteratin znes are cmmnly bserved. Finally, the Lac Elmer mineralizatin was apparently rembilized in ENE-WSW defrmatin crridrs during the reginal metamrphism. 13

18 1D1OSEXPLORfITION 20161(2 GEOLOGIC/IL REPORT Figure 8 : Lac Elmer Gelgy 300, , , , , , ,000 c- c g ô a u, '000 Dacite Felsic Vlcanics/Tuff Rhylite. ô Intermediate Tuff c Andesite imww, Mafic Vlcanics.\ Kali Plutn _ Gabbr, ~ `~~\ Y~ Kasapawatish Plutn 0 / ~~! K2 ' ~ / ~r~ Irn - Frmatins/Tuff ~... ~yf..._.._.. /..~ \ ~ ' ~,/,t ~ n /. \. ~ _ ~ Lac Elmer Hrizn / ~/~. i i - ~~~~ ~~ ~~ :.-T ~' ~ _ -~= "' Tnalite / /% / Quartz Prphyry N. ~ / ~ Quartz-Feldspar Prphyry \\` \~ N. \~\ - ~ Wabamisk F~ Grandirite ~-- Km Fm\ /// â rn ~ -- n ---~, / n Diabase.n in ---- Structures Lidge K2 MAG High Anmaly LOp ti ~ ' Elmer Plutn / // / _ Opinaca-Nemiscau Subprvince Kauputauch Fm ' '000 f-~ 5 Km 8 h re ris v EXPLORATION Gld Occurence (Au gît) > ô Gelgy -u, c Felsic Tuff Sl Barrick IP Anmalies +n UTM NAD 83 Zne 18 c 33CO ' Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date:

19 DIOS EXPLORATION K2 GEOLOGICAL REPORT Figure 9 : Lac Elmer Gld Occurrences el - c ,000./^"...,... :~ / -~ (Elmer Plutn ~ _ // Lac Elmer Cmpilatin ` Cpper, ~~ ~~ ~ w ô Gld Occurence (Au glt) //..0 // ~ /~ n ~ >1.000 / i ~ r ~ O :1:1:::: i /i ~ ~~ Gelgy Pe DIOS v EXPLORATION Felsic Tuff ~ // ~~~~~~ ~ ~f' ~ ~~~~ East N ~ a~ A21 Zne ~. r : ~ Dacite.r i ~,~~ ~~' ~ Felsic Vlcanics/Tuff i ~ ~~ / ` i ~ -"- ~ Rhylite ~... _,~ Intermediate Tuff % ~~ Silver ~ 0 Veine ~~~ : :..:~ : ~ Andesite ~ ô >y ~~ c - Mafic Vlcanics e ~ ~ ~ ~ ~ - Gabbr i~ ~ ~ ~ ~ ~ i - Irn Frmatins/Tuff ~ Patwn ~, ~ Lac Elmer Hrizn ratwn east ô c Tnalite ~ g y i $ Quartz Prphyry in Quartz-Feldspar Prphyry Grandirite Diabase ~ ~ Structures 0 a) N N UTM NAD 83 Zne 18 33CO Authr: Km Carl) Desrmeaux P.Ge, Jr. Eng. Date:

20 MN IMO 1 -- N M 1-- M r M MN MN DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Table 2: Lac Elmer Gld and Base Metal Shwings (excluding Dis K2 prperty) Shwing Discvery Year Fasting UTM Nad 83 Nrthing UTM Nad 83 Mineralizatin Samples Cmments A-21 Zne Au,Ag,Cu,Zn DDH W85-21: 0.5 g/t Au & 45 g/t Ag /30m DDH LE98-14: 0.36 g/t Au /31.Om DDH W86-23: 2.7 g/t Au & 5% Zn /1m DDH W86-25: 0.8 g /t Au /11 m Mineralizatin cnsists f disseminated t semi-massive vlcangenic sulphides and/r stringers hsted by a sheared and sericitized rhylite (Lac Elmer Hrizn). Sulphides cmprise 1-20%SP, 1-10%PY, 1-3% CPY and traces f PO and GL. Zne Cpper pp A Cu,Zn,Pb g' Zne Gld Au,Ag Grab: 1.62% Cu, 0.43% Zn & 45 g/t Ag 2.13% Cu, 0,1% Zn & 42.5 g/t Ag DDH W85-14: 3.31 % Zn & 28 g/t Ag /1 m at 71,2m; 4.78% Zn & 50.5 g/t Ag /1m at 83,3m; 1.79% Zn & 15 g/t Ag 11m at 95,1m Grab: g/t Au & 19.9 g/t Ag 2,61 g/t Au 20m wide semi-massive t massive sulphides hrizn cmprising PY-PO and 1-5 / SP-CPY (up t 20% SP). Mineralizatin is assciated with a stckwrk and sub-parallel narrw quartz-ankerite veins cntaining tr- 15%PY (±CPY) injected within a gabbr. A 5-15cm wide and 5m lng quartz-ankerite vein sub-parallel t the schistsity S1 with 2-5% PY+/-(CPY- SP) returned g/t Au. Zne Silver Au,Ag,Zn Grab: 3.1 g/t Au Channel Sample: 2.34 gt Au,18.2 g/t Ag & 0.1% Zn / 0.5m Disseminated 1-7%PY hsted by a sheared and sericitized rhylite. The nly significant gld assay is frm a 30cm wide QZ vein cntaining 1 %PY. Zne Silver NW Au,Ag,Cu,Zn DDH LE98-01: 0.45 g/t Au, 10.2 g/t Ag & 0.43% Cu /1m at 314.8m CPY stringers/veinlets (up t 10cm) and PY clusters, hsted in sheared and bititized andesite at the cntact f a Feldspath Prphyric dyke 16

21 MN i MIN NIB E Ell r MN MIN NS DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Shwing Discvery Year Easting UTMNat, 83 Nrthing UTMNa'83 Mineralizatin Samples Cmments Zne Zinc Au,Ag,Zn Grab: 9 g/t Au, 11.3 g/t Ag & 2.88% Zn 1.23 g/t Au & 1.54% Zn DDH W85-16: 1 g/t Au / 1m PY-SP stringers hsted in sheared felsic vlcanics. A tabular pluri-metric disseminated t semi-massive pyritic lens returned 1,23 g/t Au Zne West Au,Ag,Cu,Zn Zne East Au,Ag Grab: 6.3 g/t Au Grab: 4.65 g/t Au, 7% Cu & 160 g/t Ag 4.7% Zn, 1.44% Cu & 60 g/t Ag DDH W88-69: 0.13% Cu /7m & 0.23% Zn /8m Zne Veine Au,Ag Grab: 2.3 g/t Au & 4.2 g/t Ag Barrick Au Grab: 1.2 g/t Au Decametric t metric lenses f disseminated sulphides and stringers, hsted by a sheared and sericitized rhylite. Sulphides cmprise 5-20% PY, 3-10% CP-SP and traces f GL Disseminated PY and stringers assciated with dismembered laminated QZ-PY-Ankerite veins crsscut by yunger QZ-PY veins, hsted by felsic vlcanics. Rusty quartz-vein with traces PY, crss-cutting a rhylite. Disseminated 2%PY-PO assciated with budinaged QZ veins within a sheared gabbr Zne Gabbr Au,Ag Grab: g/t Au & g/t Ag g/t Au & g/t Ag g/t Au 7.2 g/t Au High grade gld values were returned frm a 5-30cm wide and 30m lng QZ vein cntaining tr-1 %PY hsted by a 1m wide shear zne within a gabbr. The QZ vein strikes N90 with a subvertical dip. The shear zne hsting the auriferus vein is weakly ankeritized and cntains anmalus gld values up t 2,13g/t Au. In the vicinities f the principal vein, narrw mineralized quart-veins returned up t g/t Au. 200m nrth, anther auriferus quartz-vein injected within a sheared dacite yielded up t g/t Au. 17

22 NM NM WS NM 1111 an NEI Sal NMI INN ~ DIOS EXPLORATION K2 GEOLOGICAL REPORT Shwing Discvery Year Eastinq UT/LlNed 83 Nrthing UT/19 Nad 83 hlineraiizat/n Samples Cmments Lac Bulder Au,Ag Grab: 3.57 g/t Au & 6.9 g/t Ag Disseminated 2-5%13Y within a dacite lcally cntaining cm QZ veins Zne Andesite Au,Ag,Cu,Zn DDH LE98-03: 0.76% Zn & 0.24% Cu /9.7m at 247m DDH LE99-17: 0.14 g/t Au, 12 g/t Ag, 0.24%Zn & 0.58% Cu /1.5m at 217m Disseminated/stringers sulphide znes with 1-5% CPY-PY, tr-3% SP and tr PO hsted in a sheared and sericitized felsic t intermediate vlcanic/tuff sequence. Patwn Au,Ag Grab: 10.1 g/t Au & 4 g/t Ag 3.83 g/t Au & 11 g/t Ag Patwn East Au Grab : 2.2 g/t Au Mineralizatin (up t 10%PY and trcpy) is mainly assciated with a netwrk f sub-parallel QZ veins (5-50 cm wide) and veinlets striking NW-SE injected within a gabbr intrusin. Shear znes als returned gld values up t 10.1 g/t Au. 0.5m wide zne with 1% disseminated pyrite assciated with quartz-ankerite alteratin in gabbr Grid A Au AJ Au,Ag,Cu,Zn,Pb Channel Sample: 5 g/t Au / 0,3m Grab: 2.8 g/t Au Grab: 1.16 g/t Au, 13.5 g/t Ag & >1% Zn 0.45 g/t Au, 8.5 g/t Ag, >1% Cu & 0.59% Zn 5%PY disseminated in a cherty tuff 1-10% PY-CPY-SP assciated with quartz-veins hsted by a sheared and sericitized felsic tuff ETMN-87-01A Au Grab: g/t Au. Mineralizatin cnsists f a single 6" wide quartz-vein cntaining disseminated PY hsted by a felsic tuff Clustn Ag,Cu,M Grab: 1.44% M 0.17% Cu & 2.4 g/t Ag Mineralizatin cnsists f multiple 10-30cm wide N riented quartzturmaline veins with PY-PO-CPY- Mlybdenite, injected in feldspar prphyry and gabbric dykes. The shwing is lcated clse t the cntact with a tnalitic plutn. 18

23 Mill MIN NIB r OM MIN r MIN NMI MIN ION Mill ION MN Mill NMI DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Shwing Discvery Year Easifng UTMNad 83 Nrthing UTMNad 83 Mineralizatin Samples Cmments Lidge Au,Ag,Cu Lucille Au,As DDH L93-8 : g/t Au /1,3m DDH L94-13 : 4.32 g/t Au /1 m DDH L97-05 : 653 g/t Ag /1m Grab: 2.28 g/t Au & >10000 ppm As DDH L97-08 : 1.24 g/t Au / 4m DDH L97-09 : 1.73 g/t Au / 6m Stratabund mineralizatin cnsisting f a PY-PO-Fuchsite bearing cherty tuff. L97-08) Mineralizatin hsted by a sericitic fine intermediate quartz crystal tuff immediately nrth f a breccia zne (L97-09) Stratabund mineralizatin cnsisting f disseminated PY-AsPY hsted by a cherty tuff 19

24 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 4.3 K2 Prperty Gelgy The K2 prperty straddles the sutheastern cntact f the synvlcanic Kali Quartz Prphyry with felsic vlcanics and vlcaniclastics. Several gld-cpper-silver ccurrences (up t 2.6 g/t Au, 8.28% Cu & 34 g/t Ag) are lcated at r near this highly prspective cntact, cincident with a distinct magnetic high anmaly cut by WSW and ENE riented structures (Figure 10). Frm nrth t suth, the prperty cvers the Kali Quartz Prphyry verlain by a km thick calc-alkaline felsic sequence cmpsed f dacitic t rhylitic flws and tuffs. The felsic vlcanics alng the margin f the Kali intrusin are mainly cmpsed f dacitic flws with mm quartz phencrysts. They are cmmnly injected by fine-medium grained subvlcanic felsic QP/QFP dykes. Ging suthward, the felsic pile predminantly cnsists f yunger lapillis and blcks tuffs, crystal tuffs and grey ash tuffs, cntaining felsic and lesser mafic clasts within a felsicintermediate matrix (GM 37994, GM 45720, RG ). The suthern limit f the K2 prperty is marked by the NE-SW trending Opinaca fault. The vlcanic sequences are generally riented ENE-WSW, steeply dipping t the nrth and are stacked twards suth (GM 55790). The underlying Quartz Prphyry is part f the Kali tnaliticgrandiritic plutn. The Kali plutn is lcated within a mderate t lw magnetic dmain n the aermagnetic maps, flanked by a well-defined (3.0x 1.0km) crescent-shaped magnetic high t the suth (GM 45720, GM 63258). This distinct magnetic anmaly might be interpreted as a magnetite-altered zne (cntact aurele), cincident with the mre prus vlcaniclastic sequence directly in cntact with the Quartz Prphyry (Figure 11). It is cut by the WSW riented Kali Lake fault, that is spatially assciated with several Au-Cu-Ag ccurrences. The presence f magnetite and/r hematite (expressed by magnetic susceptibility) culd indicate favrable xygen fugacity assciated with the felsic magma (Beakhuse, 2007). In that case, the Kali Plutn culd have prvided the xidized magmatic-hydrthermal fluids. The K2 prperty was subjected t an intense magmatic activity. The Kali plutn can be divided in tw main intrusive phases. The synvlcanic Kali Quartz Prphyry cnsists f a prphyritic tnalite-quartz dirite extending ver 3.0x 1.0km alng the cntact with the felsic vlcanics. It is cmpsed f 15-25% grey-bluish (0.5-2cm) quartz phencrysts in a medium-grained white-grey 20

25 .0IOSFYPLORf1TION 2016Ir2 GL'OLOGICf1L RLPORT matrix f plagiclase (65-75%) and bitite (5-10%). Several felsic QP sills, dykes and apphysis are interdigitated with rhylitic flws and tuffs at the vlcanic/intrusive cntact. The remaining f the Kali plutn (8 x 2-4km) cnsists f a massive equigranular tnalitegrandirite cntaining several small quartz prphyry units. The texture f the Kali intrusin is gradually varying frm prphyritic t mre equigranular, as we mve further away frm the Quartz Prphyry. Istpic dating n a single sample frm the Kali plutn has given varius ages between 2701 ±10 My and 2744 ±5 My. The gechemistry f the Kali and Elmer plutns indicates a calc-alkaline vlcanic-arc envirnment and lightly peraluminus type-i intrusins (RG ). Finally, late syn-t tardi-tectnic mafic intrusins crss-cut bth the Kali plutn and felsic vlcanics. A dyke swarm, cnsisting f ENE and WSW riented metric (few cm up t 15m wide) mafic-gabbric dykes, is injected within a cnjugate fracture system particularly well-develped within the Kali Quartz Prphyry. The dykes are sub-parallel t the structures and shear znes bserved acrss the prperty, and are lcally sheared and chlritized. They are generally finet medium-grained and cmpsed f variable amunts f grey plagiclase (smetimes prphyritic), hrnblende, pyrxene, bitite, and traces-1% pyrite and magnetite. A gabbr intrusin (4.0 x 0.5 km) is als present at the nrtheastern limit f the prperty. 21

26 ~ 13IOSEXPLOR,ITION 20161(2 GEOLOGICIL REPORT Figure 10: K2 Prperty Gelgy , )00 311)00 N,iq/p DIOS Nr EXPI x Kali Plutn K2 Gld Prject Outcrp Sample Cmpilatin 0 rn i h ~ 0 u~ m h a ~~ ~ Quartz Prphyry ^ >~;,--,~ ~ -- y.,s e,,r*= w Jt.~ x -:<;k - ~ \ \,~ k ~ ~ >...4:11r \x.1.4. \ ' 'x ti x X,\~-- x\ - ~ \....XR5(x x ' X' \ /- x ~r'\\ \ -- /. ~, \~ /~ // ~ rig X ô ~ w Li) Au (g/t) h x Gelgy Felsic Vlcanics/Tuff Andesite Mafic Vlcanics IIIII Gabbr IIIIII Irn Frmatins Tnalite Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke --- Structure, Fault, Shear Zne MAG High Anmaly VLF Anmaly Prperty x x 307' Opinaca Fault \~ b00 rn ti N 0 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

27 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 11: K2 Prperty Gelgy & Magnetic 1st Vertical Derivative Map 0 h- > ti N ~~~ ris v EXPLORATION Outcrp Sample Cmpilatin Au (glt) K2 Gld Prject m n ~ 0 a) r` u~ ary ) n ~ X Prperty Structure, Fault, Shear Zne MAG High Anmaly Gelgy Mafic-Gabbr Dyke a r` ~ u~ 4 r` u~ 8 f in 30$ b cr) N 1 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

28 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 5. HISTORY Gelgical recnnaissance wrk was initially carried ut in the Lwer Eastmain area by the Gelgical Survey f Canada: Lw A.P (1895), Shaw G. (1941) and Heywd W.W. (1958). In 1965, Eade cnducted reginal mapping at a 1: scale ver the James Bay territry. The prperty was cvered by a tw-mile spaced reginal lake bttm sediment gechemical survey perfrmed by the SDBJ in 1974 (GM 34044, GM & GM 34047). Gelgical mapping was cmpleted in the Lac Elmer area in by the MRNQ at a 1: scale (Francni A., 1978, DPV 574) and later at a 1: scale (Mukhsil A. et al., 2001 & 2003, RG & ET ). A study n the gelgical setting, style and distributin f the metallic mineralizatin f the Lwer Eastmain vlcan-sedimentary belt (Gauthier M. & Larcque M., 1998, MB 98-10) interpreted the Kali shwings as a prphyry-related Au-Cu mineralizatin. In 2009, an assessment f the mineral ptential fr prphyry Cu-Au ±M depsits in the James Bay regin (Lamthe D., 2009, EP ) utlined the Lac Elmer and Kali areas (Figure x). In , a reginal airbrne magnetic survey flwn at a line spacing f 250m was cmpleted by the MRNQ (DP ). Since the early 1970s, spradic gld and base metal explratin prgrams, including prspecting and gelgical mapping, drilling, sil gechemistry, airbrne (MAG-EM) and grund gephysics (MAG, VLF-EM, I.P, MaxMin II, Dighem Ill) surveys were cnducted in the Lac Elmer regin by different cmpanies. Canic-SDBJ (James Bay Develpment Sciety) : (GM 34027, 34028, 57885) -120 km-lng airbrne MAG-EM-Spectrmeter survey ver the Lwer Eastmain Greenstne Belt frm Lac Elmer t Lac Pivert area, fllwed by grund verificatin f EM cnductrs. 24

29 _DIO..SY EXPLOR477ON (2 GEOLOGICfIl REPORT SDBJ : (GM 37994, 38169, 38445) - Discvery f the Lac Kali Au-Ag-Cu shwings - Grund Gephysical (MAG, VLF-EM) surveys and gelgical mapping alng N-S riented 125mspaced lines attached t a 5km base line t cver the cntact between the Kali Quartz Prphyry and the felsic vlcanics-vlcaniclastics. - Airbrne MAG-Input survey - Stream sediment gechemical survey (60 samples) in the vicinities f Kali Lake. Westmin : (GM 42403, 42424, 43102, 43421, 45406, 45720, 45721, 46423, 46436, 46437, 46924, 48311, 48589, 49335, 49496, 50430) - Discvery f numerus Au-Ag-Cu-Zn shwings: including Lac Elmer A21 (up t 0.5 g/t Au & 45 g/t Ag ver 30m), Gld, Cpper, Zinc, Silver, East & West Znes, Lidge and Opinaca. -Line cutting f grids n the Westmain and Lidge prjects. Grids A-45A and A-45B cvered the felsic vlcanics-tuffs in cntact with the Kali Quartz Prphyry (Figure 12). Grids A-48 and A-34 cvered the Opinaca shwing vicinities alng the suthern shres f the Opinaca River. - Grund gephysical (MAG, VLF-EM, I.P) and gechemical sil (B-Hrizn) surveys ddh fr apprximately 11000m n Lac Elmer (10800m) and Lidge (298m). - Creatin f the Opinaca JV in 1984 between Westmin and Eastmain Resurces. Eastmain Resurces (GM 68280, 68281, 68282, 68283, 63479, 63478, 55695, 54668, 54667, 48733, 47603, 46709, 45087) - Line cutting, diamnd drilling (9 ddh fr a ttal f 1546m), grund gephysical (MAG, IP) and sil gechemistry surveys n the Lidge prperty in Discvery f the Lucille shwing in 1996 (extensin f Lidge) - Helicpter-Brne MAG and VTEM surveys n the Lac Elmer and Lidge prperties. - LiDAR survey n the Lac Elmer prject. 25

30 DIOSEXPLORf177ON 2016K2 GEOLOGICf1L REPORT Lucer Resurces Crp : (GM 52428, 52587) - Explratin prgram n the Lidge prperty (ptined frm Eastmain Resurces) cnsisting f diamnd drilling, verburden stripping and sil gechemistry ddh fr a ttal f 1620m (L93-8 returned 11.43g/t Au ver 1.3m frm a mineralized cherty tuff). Phelps Ddge : (GM 52433) - Diamnd drilling (6 ddh fr a ttal f 1004m) and MaxMin II surveys were cmpleted n the permit 925 (ptined frm Eastmain Resurces), t test the Cpper Zne and ther EM anmalies. Barrick Gld : (GM 55976, 55908, 55866, 55854, 55790, , 54391) -15 ddh fr a ttal f 3608m. - Explratin prgrams n permits 925, 1121, 1142 and 1167 (ptined frm Eastmain Resurces JV). - Detailed gelgical mapping n the Lac Elmer shwings. - Reginal gechemical sil (B-Hrizn/Humus) survey in 1996 fllwed by detailed surveys in 1997 n the best reginal anmalies, including the grid #1 cvered by Dis Sl prperty. - Line cutting and grund gephysical (MAG, I.P, EM-TBF) surveys (including LP n the grid #1). - Discvery f multiple gld ccurrences in quartz veins injected within a gabbr intrusin: Barrick and Gabbr Zne (up t g/t Au & g/t Ag). 26

31 IJIOSL'XPLORfITION-10161(1 GEOLOGICfIL REPORT Cambir 1999: (GM 57310, 57311, 57506) - 5 ddh fr a ttal f 1780m - Cambir ptined the 50% interest f Barrick. - Beep-Mat prspecting and gelgical mapping n nine areas f interest. - Discvery f the Patwn shwing. Augyva (GM 67833, 63528, 63536, 54932) - Grund MAG-VLF and grund EMH surveys ver a 20km-lines (100m-spaced) grid just suth f Kali Lake. - Helicpter-brne VTEM ttaling 87.8 sq. km ver the. Kali prperty. - IOS Services Gescientifiques cmpleted a gelgical cmpilatin f the Kali prject fr Augyva. Elr Resurces 2007 (GM 63355) - Gelgical cmpilatin f the Eastmain 2 prperty, lcated just east f Dis K2 prject. Explratins Carats 2014 (GM 68162) - Gelgical Cmpilatin f the 33C05 prperty by Expllab (ETMN-87-01A shwing). Mst effrts targeted the Lac Elmer area. Drilling prgrams cnducted by Westmin (78 ddh 11100m), Phelps Ddge (6 ddh m), Barrick (15 ddh 3608m) and Cambir (5 ddh m) tested the extensins f the main Lac Elmer A21 Zne and ther significant gld/plymetallic ccurrences: Cpper, Zinc, Silver, Gld, East and West Znes. It is imprtant t nte that n ddh were dne n Dis K2 and Sl prperties (Figure 13). 27

32 1)IO.SL'XPLOR,4TION GEOLOGY-CIL REPORT DIOS EXPLORATION : - Cmpilatin f the gelgical and gephysical data fr the 33C04-05 NTS sheets. - Map-staking f 14 claims - A ne-day recnnaissance mapping and prspecting prgram was carried ut n the nrthern part f the prperty and cnfirmed the presence f gld-cpper-silver mineralizatin, bth in intrusive and felsic vlcanic rcks. New shwings returned up t 3.39 g/t Au, 5.39 g/t Au, 5.05% Cu & 111 g/t Ag and 0.11 g/t Au, 0.85% Cu & 41 g/t Ag. 2015: Additinal map-staking f 16 claims t cmpletely cver the Kali Quartz Prphyry/felsic vlcanics cntact. The actual limits f the prperty include several frmer SDBJ & Westmin Au- Ag-Cu shwings. 28

33 DIOSEXPLOR 1.7.7O/V 2016K2 GEOLOGIC/IL REPORT Figure 12: Westmin Grids n the K2 prperty ~., j,`.. ' ` ~ `.w. 1h9 ~ x. 1 ~ ~ 4 ~*ry ris FXPI.ORATIOP' K2 Gld Prject Prperty Outcrp Sample Cmpilatin ~, ~~ ~-- ~ ~ x x ~ ô! ~ ----~--- x `~ ~ ci)- -. C tr.! ~! x x x ~ h _ x Au (g/t) ô Lrl ~ ~~ - 3 ~ ~ " ~_ ô an _ / x- x.... in ~, ~ e x ~-` x '... ~ ~ ~ N. x / h _\ k ~ ~, ` ~1 ~ ' `` ; ', yu Grid A t 2 g ~ 0 r. w 1 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carl! Desrmeaux P.Ge, Jr. Eng. Date:

34 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 13: DDH Cmpilatin in the Lac Elmer area 0 ~ 0 ~ 0 CO IC) 304, , , , , , ,000 ~ ô ô CO w ô,,r " : ~ -r ur ---, y~ ~- ~.. - CO ~~~ ~~ ~ '` s""- K2 ~ ~ ~ ' /...'- ~\ ~x` ~ ~ i ~ w N. -// -:-. /4 4.- / /% 1 ~~' i ~ -s,~ / ~ ~ ~,~Lac Elmer l y. - --r- :. - ~ j / DDH Cmpilatin c Gelgy 0 Felsic Tuff u~ Dacite Felsic Vlcanics/Tuff Rhylite Intermediate Tuff Andesite - Mafic Vlcanics Gabbr - Irn Frmatins/Tuff Lac Elmer Hrizn 0 0 Tnalite -~n Quartz Prphyry Ln Quartz-Feldspar Prphyry Grandirite 0 0 Diabase rn ~+ '! Structures 0 r- N K2 MAG High Anmaly Sl Barrick IP Anmalies 0 2 Km 0 UTM NAD 83 Zne 18-0 i 33CO â Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

35 DIOS EXPLORATION K2 GEOLOGICAL REPORT EXPLORATION WORK 1 A ne-day recnnaissance mapping and prspecting prgram was carried ut in the nrthern part f the prperty n August 11`h (Annex 3). The field team was cmpsed f gelgists Harld Desbiens, Emmanuelle Giguere, Frederic Fleury, as well as junir gelgical engineer Carl! Desrmeaux. Base camp was lcated at KM 381 relay camp alng the rad linking Radissn and Matagami. An Astar-B2 helicpter frm Whapchiwem-Canadian Cmpany was used t access 1 the prperty. The main bjective was t investigate the cntact between the Kali Quartz Prphyry and the felsic vlcanics. Histrical SDBJ shwings and were als revisited. A ttal f 28 utcrps were mapped and 31 samples were cllected, including ne sample (856751) frm a bulder sub-in-place (Annex 4-7). The samples were sent t ALS Glbal labratry in Val d'or fr gld (Au-AA23) and multi-element (ME-1CP35) assays (Annex 8). Tw blank samples were inserted fr quality cntrl. Anmalus assay results are given in table 3. Table 3 : K Anmalus Assay Results 1 1 t Sample Easting UTM Nad 83 Nrthing UTM Nad 83 Lithlgy Mineralizatin Au (g/t) Ag (g/t) Cu (%) Bi ppm V1D 5-10%PY, tr-1 %CPY 5, ,0 5, D 3%PY 3,390 0,4 0, %PY, 1%CPY-trMC 0,085 19,1 1, QZVN/T1 PY, 1-5%CPY, trmc 0,106 41,0 0, D 1-4%PY 0,285 3,0 0, I1 D 1-2%CPY, trmc 0,040 7,6 0, T1 tr-1%py, tr-2%cpy 0,018 51,6 0, D trpy-po, tr-1 %CPY 0,070 5,0 0, V1D trpy-po, tr-1%cpy 0,057 4,9 0, %PY, 2%CPY 0,092 1,6 0, D 1-2%PY, trcpy 0,028 2,3 0, D 1%PY 0,045 1,1 0,06 2 The 2014 results cnfirmed the presence f highly anmalus Au-Ag-Cu mineralizatin clse the cntact between the Kali Quartz Prphyry and the felsic vlcanics (Figure 15). New shwings (Badji & Samsa) were discvered bth in the intrusive and vlcanic rcks. 31

36 DIOS EXPLORfITION la GEOLOGY-CM REPORT Badji: 5.39 g/t Au, 111 g/t Ag, 5.05 % Cu & 93 ppm Bi (Sample ) The shwing is lcated n the suthern flank f an east-west utcrpping ridge. It cnsists f a N290 trending fliated-silicified zne ( m wide) with 5-10% pyrite and tr-2% chalcpyrite, hsted in dacitic flws. Samsa: 3.39 g/t Au & 0.4 g/t Ag (Sample ) The shwing cnsists f a N300 riented silicified shear (10-15cm wide) with 3% pyrite hsted in tnalite, clse the cntact with the felsic vlcanics. Abut 250m WNW, anther sample (856710) assayed g/t Au & 3 g/t Ag. A nrth-suth (N000/85) riented quartz-chalcpyrite-pyrite vein (5-10cm wide) crss-cutting a felsic lapilli tuff yielded 0.106g/t Au, 41 g/t Ag & 0.854% Cu (Sample ). The quartzsulphide vein (1-5% PY-CPY-MC) is cut and strngly defrmed by the reginal schistsity, suggesting that the mineralizatin is pre-defrmatin (Figure 14). It is hsted within a rusty hrizn (3.0 x0.3m) cntaining traces-2% PY-CPY that als returned g/t Au, 51.6 g/t Ag & 0.337% Cu (Sample ). The shwing is lcated at the nrtheastern limit f the magnetic high anmaly. The vicinity f the SDBJ shwing (8.6 g/t Ag & 0.5% Cu; GM 37994) was revisited. A metric (1-5m wide) sulphidized (1-7%PY, TR-1% CPY-MC) and fliated (N125/70) zne, extending ver a minimum 30 meters strike length, was bserved in a weakly silicified and bititized tnalite. Samples and returned 19.1 g/t Ag & 1.76% Cu and 2.3 g/t Ag & 0.13% Cu. The SDBJ shwing (13.8 g/t Ag & 1.08% Cu; GM 37994) was als checked. Mineralizatin is cmpsed f a m wide sulphidized (PY-PO-CPY) zne lcally sericitized and silicified, shifting frm the fliated margins f mafic dykes t fault-shear znes near the limit f the tnalite/dacite cntact. It is assciated with an E-W trending VLF cnductr. Samples and yielded 0.07 g/t Au, 5.0 g/t Ag & 0.39% Cu and g/t Au, 1.6 g/t Ag & 0.20% Cu. Apprximately 100m t the east f SDBJ shwing, a silicified and fliated (N260/70) dacite with traces-1% PY-PO-CPY ( m wide) assayed g/t Au, 4.9 g/t Ag & 0.20% Cu. A silicified and bititized fliated (N232/68) zne ( x 5.0m) with 1-2% CPY-MC hsted in tnalite, lcated abut 200m suth, returned 40 ppb Au, 7.6 g/t Ag & 0.62% Cu (Sample ). 32

37 .DIOSEXPLORI4TION GEOLOGIC.4L REPORT Figure 14: Quartz-chalcpyrite-pyrite vein (Sample ) 33

38 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 15: K Anmalus Assay Results & New Shwings , $ r- ~1~ ris EXPLORATION 1 K2 Gld Prject ~~~ g1 teig & 0.20%,Cû : - g/t g& 0.39% Cu "' -4.9 glt Ag & 0.20% Cu f gltag&1.$6%cu,, \ 2014 Outcrp Sample Au (g/t) 1,000-5,390 0,500-0,999 0,100-0,499 0,025-0,099 Cu (%) 0,000-0,024 1,0000-5,0500 0,5000-0,9999 0,1000-0,4999 0,0100-0,0999 0,0000-0,0099 Ag (g/t) 0 10, , ,000-9,999 rn 1,000-4,999 0,100-0,999 0,000-0, Structure, Fault, Shear Zne MAG High Anmaly Mafic-Gabbr Dyke 0:106 g/t Au, 41,g/t Ag & 0 85% ' Cu 0 an m n h ,5 Km UTM NAD 83 Zne C04-05 an Authr: n Carl! Desrmeaux P.Ge, Jr. Eng. Date:

39 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 7. K2 HISTORICAL SHOWING COMPILATION ( ) The K2 prperty hsts several significant gld-cpper-silver ccurrences (Table 5). A ttal f 320 rck samples previusly cllected n the K2 prperty by SDBJ, Westmin and Barrick were cmpiled by Dis (Annex 9). Histrical sampling yielded numerus gld values between 0.1 and 3.17 g/t Au (74 samples r 23% > 0.1 g/t Au; including 19 > 0.5 g/t Au), silver values (110 samples ut f 205 r 54% > 1.0 g/t Ag, including 47 > 5.0 g/t Ag), and cpper values (66 samples ut f 205 r 32% > 0.1% Cu, including 25 > 1.0% Cu). Cmpilatin maps f the gld, cpper and silver ccurrences are presented in Figures 16 t 19, and anmalus values are given in table 4. The Lac Kali gld shwing (SDBJ ) cnsists f multiple NW-SE trending (N ) plurimetric quartz-ankerite-chlrite veins, silicified fractures and shear znes cntaining up t 15% pyrite-chalcpyrite-malachite (GM 37994). Mineralizatin ccurs ver a 350x200m area lcated directly at the cntact between the Kali Quartz Prphyry and felsic vlcanics, cincident with the nrthern margin f the magnetic anmaly. The mineralized structures are spatially assciated with the NW trending Kali Lake fault. The best assay result was btained frm a rusty quartzcarbnates-sulphides vein that returned up t 2.6 g/t Au, 40 g/t Ag & 8.28% Cu. Abut 1.0 km t the sutheast, anther mineralized area (300x300m2) als ccurs at the intersectin f the same Kali Lake fault with the suthern margin f the magnetic high. Mineralizatin cnsists f disseminated pyrite and chalcpyrite lcally assciated with quartz veins and fractures hsted in felsic tuffs. A narrw quartz-sulphides vein yielded up t 2.24 g/t Au. The Opinaca shwing ccurs within a shear zne assciated with the Opinaca Fault, extending ver apprximately 600m alng the suthern shres f the Opinaca River. Mineralizatin cnsists f disseminated and stringer sulphides (up t 50%) pyrite ± traces chalcpyritepyrrhtite-arsenpyrite lcally assciated with quartz veinlets hsted in strngly sheared (N282/82) and sericitized felsic vlcanics-tuffs. The sericite cntent f the felsic vlcanics varies frm 5-10% t 30-40%. A blue-quartz-eye phyric felsic tuff cntaining 10-15% pyrite ± traces chalcpyrite and a dacite cntaining 2% disseminated/stringer sulphides returned 1.72 & 3.17 g/t Au respectively. Hwever, extensive sampling f the altered shear zne mainly returned weak anmalus gld values. 35

40 17IOSL'XPLORf1TION K2 GL'OLOGIC4L REPORT 1 Limited sil sampling cnducted by Westmin utlined very few gld-in-sil ± cppermlybdenum-silver anmalies n the K2 prperty (Figure 20). Anmalus mlybdenum values in sils are assciated with VLF cnductrs in the nrthern part f the prperty. Hwever, it is imprtant t nte that the sil sampling grids did nt fully cver the magnetic high anmaly assciated with the Kali QP/felsic vlcanics cntact, and the NW riented Kali Lake structure r 1 Sample system. Table 4: K2 Gld-Cpper-Silver Histrical Occurrences Easting Nad 83 Nrthing Nad 83 Lithlgy Mineralizatin Barrick V1 D PY 3,17 23,9 0, SDBJ 1980 I1QP/V1 PY, CPY-MC 2, , Westmin QZVN CPY 2, ,45 AO Westmin T1 PY 1,72 0, SDBJ 1980 V1 2%PY 1,69 2 0, SDBJ 1980 T1 PY, CPY 1,60 16,6 0, SDBJ 1980 I1 QP/V1 PY, CPY-MC 1, , SDBJ 1980 T1 7%PY, CPY-MC 1,49 2,9 0, Westmin T1 trpy-cpy 1,23 5 0, Westmin T1 PY, CPY 1,03 15,6 0, Westmin T1 0,82 0,6 0, SDBJ 1980 I1 QP/V1 PY, CPY-MC 0, ,78 89-AO Westmin QZVN 0,64 0, Westmin Schist 0,62 6 0, Westmin T1 CPY 0,62 21,6 0, SDBJ QP CPY 0,59 1,1 0,10 KK Westmin I1QP CPY 0,57 2,3 0, Westmin T1 PY, CPY 0, >1,00% Westmin T1 CPY 0, , SDBJ 1980 I1QP 1-2%PY, trcpy-mc 0,43 4,5 0,24 KK Westmin QZVN 0,41 0 0,01 DR Westmin T1 CPY 0,40 28 >1,00% SDBJ %PY 0,33 4 0, SDBJ 1980 T1 5%PY, 2%CPY 0,33 4,4 0, SDBJ 1980 T1 CPY 0, , Westmin Ti 0,33 0,00 KK Westmin T1 CPY 0,32 13 >1,00% EM SDBJ 1979 I1 QP PY, 5%CPY 0, ,49 EL NQ Explratin 0,31 0, SDBJ 1980 I1 QP 1 %PY, CPY-MC 0,31 19,8 1,32 KK Westmin V1 CPY 0,30 28 >1,00% SDBJ 1980 T1 PY, CPY 0, ,40 KK Westmin CPY 0,25 6,2 0,23 Au (g/t) Ag (g/t) Cu (%) 36

41 DIOS EXPLORATION K2 GEOLOGICAL REPORT f r Sample Easting Nad 83 Nrthing Nad 83 Lithlgy Mineralizatin Au Ag Cu (g/t) (g/t) (%) SDBJ 1980 I1QP PY, CPY 0,23 3,3 0,44 KK Westmin QZVN CPY 0, , SDBJ 1980 I1QP PY, trcpy-mc 0,17 2,3 0, SDBJ 1980 V1 2% PY,1 %CPY-MC 0,17 14,2 0,64 KK Westmin QZVN CPY 0,17 19,7 0,87 AO Westmin I1QP CPY 0, ,89 DR Westmin T1 PY, CPY 0,15 0,6 0,12 EM SDBJ QP PY, 5%CPY 0, ,47 DR Westmin 11 QP CPY 0,13 19,2 >1,00% SDBJ 1980 I1QP PY,CPY-MC 0,12 3,7 1, SDBJ 1980 I1QP PY,CPY-MC 0,12 2,8 0, SDBJ 1980 V1 CPY 0,11 15,9 2, SDBJ 1980 V1 3%CPY 0,11 9,6 1, SDBJ 1980 T1 PY, CPY 0,11 5,1 0,32 EM SDBJ 1979 V1 TR-I %CPY 0,10 1,8 0,14 DR Westmin QZVN CPY 0,10 4,3 0, SDBJ QP PY, CPY 0,09 0,8 0, SDBJ 1980 PY, CPY 0,08 1,8 0, SDBJ 1980 I1QP PY, trcpy-mc 0,08 1,7 0, SDBJ 1980 T1 CPY 0,08 16,6 2, SDBJ 1980 I1QP PY, CPY 0,07 0,9 0, SDBJ 1980 I1 QP/V1 20%PY, 5%CPY 0,07 7,2 0, SDBJ 1980 V1 5%PY, CPY 0,07 12,6 0,20 DR Westmin T1 CPY 0,07 8,5 >1,00% DR Westmin T1 CPY 0,07 2,7 0, SDBJ 1980 I1QP PY, CPY-MC 0, , SDBJ QP/V1 20%PY, 5%CPY 0,06 13,8 1, SDBJ 1980 I1QP PY,CPY-MC 0,05 10,2 1, SDBJ 1980 I1QP PY, CPY 0,05 2,9 0, SDBJ 1980 T1 PY, CPY-MC 0,05 9,2 >1,00% SDBJ 1980 V1 5%CPY-MC 0,05 11 >1,00% DR Westmin V1 CPY 0,05 14 >1,00% SDBJ 1980 I1QP PY,CPY-MC 0,05 4,8 0, SDBJ 1980 I1QP PY, CPY 0,04 15,3 1, SDBJ 1980 I1QP PY, CPY-MC 0,04 8,6 0,50 DR Westmin I1QP CPY 0,04 3,2 0,11 EM SDBJ QP 1-5%PY, CPY 0,03 3,6 0, SDBJ 1980 PY, trcpy-mc 0,03 2,8 0, SDBJ 1980 T1 CPY 0,03 0,3 0,27 AO Westmin I1QP CPY 0,03 0,8 0,19 EM SDBJ 1979 I1QP 1-5%PY, CPY 0,02 3,7 0, SDBJ 1980 T1 PY, trcpy 0,02 4,5 0, SDBJ 1980 PY, CPY 0,02 3,6 0, SDBJ 1980 V1 5%CPY 0,02 8,4 0, SDBJ 1980 I3A PY, CPY 0,02 1,5 0,

42 WM NW MN ' NW NMI IIIIII 111* UN NW ' DIOS EXPLORATION K2 GEOLOGICAL REPORT Table 5: K2 Histrical Gld Shwings Shwing Discvery Easting UTM Nad 83 Nrthing UTM Nad 83 Lithlgy Mineralizatin Sample Cmments Kali Lake ( ) QP / V1 Cntact Au,Cu,Ag Grab: 2.6 g/t Au, 34 g/t Ag & 8.28% Cu 1.5 g/t Au, 40 g/t Ag & 7.56% Cu 0.43 g/t Au, 4.5 g/t Ag & 0.24% Cu 0.31 g/t Au, 19.8 g/t Ag & 1.32% Cu Up t 15% PY-CPY-MC assciated with NW-SE trending (N ) QZ±CB-CL veins, silicified fractures and shear znes. The best assay result was btained frm a rusty QZ-PY-CPY vein. Mineralizatin ccurs at r near the cntact between the Kali Quartz Prphyry and felsic vlcanics, within a 350x200m area. Kali Lake SE Permit 709 (A-45A) T1 Au,Cu,Ag Grab: 2.24 g/t Au, 20 g/t Ag & 0.45% Cu 1.23 g/t Au, 5 g/t Ag & 0.19% Cu 1.03 g/t Au, 15.6 g/t Ag & 0.31 %Cu 0.52 g/t Au, 136 g/t Ag & >1% Cu Mineralizatin cnsists f disseminated CPY-PY lcally assciated with quartz veins and fractures. A narrw CPY-PY quartz vein crss-cutting a felsic tuff returned 2.24 g/t Au. Mineralizatin is bserved within a 300x300m area hsted in felsic tuffs li QP / V1 Cntact Au,Cu,Ag Grab: 1.69 g/t Au & 2.0 g/t Ag 0.12 g/t Au, 3.7 g/t Ag & 1.04% Cu 0.16 g/t Au, 44 g/t Ag & 0.89% Cu 0.17 g/t Au, 2.3 g/t Ag & 0.28% Cu Disseminated traces-5% PY-CPY-MC assciated with silicified fractures and shear znes. Mineralizatin is bserved ver a strike length f 100m alng the cntact between the Quartz Prphyry and the felsic vlcanics T1 Au,Cu,Ag V1/T1 Au,Ag,Cu Grab: 1.49 g/t Au, 2.9 g/t Ag & 0.38% Cu 0.4 g/t Au, 28 g/t Ag & >1.0% Cu 0.29 g/t Au, 26 g/t Ag & 2.4% Cu 0.33 g/t Au, 18 g/t Ag & 3.08% Cu Grab: 300 ppb Au, 28 g/t Ag & > 1.0% Cu 50 ppb Au, 14 g/t Ag & > 1.0% Cu 50 ppb Au, 11 g/t Ag & > 1.0% Cu 20 ppb Au, 14 g/t Ag & > 0.8% Cu Mineralizatin cnsists f disseminated t semimassive PY-CPY decimetric-wide lenses parallel t the schistsity (N072/90), extending up t 10m. Sulphides are assciated with fractures and QZ-CB veins, and bitite-sericite alteratin. Mineralizatin is bserved within a 1600m2 area hsted in felsic tuffs. Semi-massive PY-CPY decimetric-wide tense extending ver 5m (N072), hsted in a prphyric felsic-intermediate lava. Sulphides are assciated with fractures and QZ-CB veins, and actinlitecarbnate alteratin. 38

43 MIN NW XIII- Mil III VIM MO 1101 Mil NM MIMI MIS Mil DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Shwing Discvery Easting UTM Nad 83 Nrthing UTM Nad 83 Lithlgy Mineralizatin Sample Cmments V1/T1 Au,A Cu g' I1QP Ag,Cu Grab: 315 ppb Au, 13 g/t Ag & > 1.0% Cu 180 ppb Au, 13 g/t Ag & 0.69% Cu Grab : 40 ppb Au, 8.6 g/t Ag & 0.5%Cu Mineralizatin cnsists f disseminated t semimassive PY-CPY decimetric-wide lenses extending up t 10m, hsted in rhylitic lavas and tuffs. 1m wide x 10m lng mineralized zne riented N225, cntaining quartz veinlets with 20% PY and 1% CPY-MC. The mineralizatin ccurs in a quartz-feldspar prphyry lightly altered by bitite QP / V1 Cntact Ag,Cu Grab: 60 ppb Au, 13.8 g/t Ag & 1.08% Cu 70 ppb Au, 7.2 g/t Ag & 0.49% Cu Quartz vein cntaining 20%PY and 5%CPY within a strngly sericitized shear zne, lcated at the cntact between the Kali Quartz Prphyry and felsic vlcanics T1 Au,Ag,Cu Opinaca V1/T1 Au,Ag Grab: 1.6 g/t Au & 16.6 g/t Ag & 0.12%Cu Grab: 1.72 g/t Au & 8.6 g/t Ag 3.17 g/t Au & 23.9 g/t Ag 0.62 g/t Au & 6 g/t Ag Quartz vein with disseminated PY-CPY hsted in a felsic tuff Disseminated and stringer sulphides cmpsed f 1-20% (up t 50%) PY ±traces CPY-PO-ASPY hsted in strngly sheared (N282/82) and sericitized felsic vlcanics/tuffs (Altered Zne) assciated with the Opinaca fault. Mineralizatin is bserved ver a strike length f 600m alng the suthern shres f the Opinaca River. 39

44 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 16: K2 Gld Outcrp Sample Cmpilatin CD I ~ , , ' N _îï.~ \` ~.\ ~-' ~~\ X~\ r ~~~~~ '+, ~ ~ F ~` $S,)<~ ~ `~~ ~,~. >-~~ ~I ~~ X \ x \~ ~ \...% ~~ a ~II ~. ` \~ ~-I;. ~~\~p Kali Lake ~. h ~~~0 57~ _2:60` ~~I ~~.0:/ x li 1.49 X ~ " ~ 3:39."%~ -^~ ~ ~~ x x ex i ' x ~` ; II~, '\. I~ ~ x ~rr 1.60 \~s~.x ~ I~ i I~ Ir ~\ x NN 311,000 N 0 ~ q11i ris v FXPI.ORATIOI K2 Gld Prject Outcrp Sample Cmpilatin Au (91t) ,099 M x G Gelgy Prperty Structure, Fault, Shear Zne MAG High Anmaly c Felsic Vlcanics/Tuff -4r) ti Andesite a ~ w i~i I Mafic Vlcanics Gabbr Irn Frmatins Tnalite Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke r^ 305' '000 \\ '000 0?62 ~\ \\ b m 0 w Km UTM NAD 83 Zne 18 33C04-05 Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date:

45 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 17: K2 Gld Outcrp Sample Cmpilatin & Magnetic 1st Vertical Derivative Map m ~ v1ry DIOS FXPI.,ORATIOf 4:1) K2 Gld Prject ~ in Outcrp Sample Cmpilatin Au (glt) IN m 0 ~ u7 IN X Prperty ur N O~ n ~ N Of Structure, Fault, Shear Zne MAG High Anmaly Gelgy Mafic-Gabbr Dyke 0 d W ~ h ~ 0 1 r-. ti u~ Km UTM NAD 83 Zne 18 33C04-05 Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date: b

46 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 18: K2 Cpper Outcrp Sample Cmpilatin ô CD ) n u~ ô O~+ ~ , ' \Ç~~ ~~' ~ lc ~`- \\~ D e " ~ ~ 1.84 `1.04 ;478 $, x : x +silt 1.00, ~ ts h uni ris v EXPLORATION K2 Gld Prject Outcrp Sample Cmpilatin Cu (%) III t c âi r x Prperty --- Structure, Fault, Shear Zne - MAG High Anmaly Gelgy Felsic Vlcanics/Tuff 4n Andesite N 1.11 Mafic Vlcanics En Gabbr Irn Frmatins Tnalite.'T Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke ' b 0 rn 0 n' UTM NAD 83 Zne 18 33C04-05 Authr: 1 Km Carll Desrmeaux P.Ge, Jr. Eng. Date:

47 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 19: K2 Silver Outcrp Sample Cmpilatin / , /- /- ~.- ~-,,/ I. ~~ - -/- ~. /~ % ,000.0" ~ O 0 ris N/ EXPLORATION K2 Gld Prject Outcrp Sample Cmpilatin ô, n gr)..,..<... ~ ~~~~... 8 ~ ~ - /-~~~ ~' ~ `~ ; 1u9 1 \ ~~ N.... : i%x./ ~~ ;~~ ~ ><- 0 - *..., X 400Il 016;6.'-'v%,.., h ~ x~` \ c ~ \ '~' ~~~ i ~~C N. ~ O ~~\ x \ ` 41 51,6 Kali Lake 72 15, ,6. ~ ' I/ \ ~.. ~cx \\ i- Ag (git) 10, ,000 le 5,000-9,999 O c 1,000-4,999 0,100-0,999 'n x 0,000-0,099 \ Gelgy c U) i ~ ô ~.--~! -~~ a) n - Prperty --- Structure, Fault, Shear Zne MAG High Anmaly Felsic Vlcanics/Tuff Andesite Mafic Vlcanics Gabbr MI Irn Frmatins Tnalite Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke 305'000 \` \ \ Opinaca s m~ 0 N Km UTM NAD 83 Zne 18 33C04-05 Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

48 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 20: Westmin B Hrizn Sil Sampling Cmpilatin ~ `~ m `'y ~. CD- n ~ 44.~ p00 ~ C ~1 ~^-hj : f : i ~ ~~. 12, 1, N 1 1 t.-.~ ~~ ` ~ r 00.. ~ ~ O. ~. O\ I' 0. ~.~,~ \ i ~ 4 N. i>< ~ ; N. ~ ~ \`- '' i~~ ` \\ ~ N. -.N. N. 308, Ne 12.` t ari. /~i~ N\ N i ~. ~ ~ ~ii 3_0 f ri~ i~ 311A ~ -""~.~ ~~ ~ ' ` ~ ~ DIOS v EXPLORATION 12 ~ ' ô O) Prperty ~ --- Structure, Fault, Shear Zne ~) Sil (B-Hrizn) Anmalies Au (ppb) 97.3th A c Cu (ppm) 98.0th A K2 Gld Prject M (ppm) 98.4th Ag (ppm) 98.6 th c 0,3-0,8 0,0-0,2 ) Outcrp Sample Cmpilatin Au (gft) VLF Anmaly MAG High Anmaly 0 1 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

49 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 8. MINERALIZATION & ALTERATION In 2014, Dis gelgists cmpiled and reprcessed the gelgical data f the K2 prject t utline pririty target areas. Several types f mineralizatin are bserved, bth in the intrusive and felsic vlcanic rcks: - Fracture-filling - Shear znes (dm-wide) injected by quartz stringers/veins - Narrw (cm-dm) quartz-carbnate-sulphides veins - Disseminated t semi-massive sulphides lenses (dm-wide x 10m) hsted in felsic tuffs, subparallel t the stratigraphy (N070). Gld is usually assciated with silver ( g/t Ag), cpper ( % Cu) and slightly anmalus values f bismuth (2-93 ppm). Mineralizatin cnsists f traces-5% pyritechalcpyrite assciated with weak t mderate silica ± sericite-bitite-chlrite-carbnate alteratin (Figures 21-23). Lcal zinc anmalies ( % Zn) assciated with silver are als present in felsic vlcanics. Gld-cpper-silver ccurrences are cncentrated at r near the cntact between the Kali Quartz Prphyry and the felsic vlcanic-tuff sequence. They are spatially assciated with WNW and ENE riented structures, and ccur mre particularly at their intersectin. The magnetic high anmaly and the evidences f hydrthermal activity suggest that the structurally cntrlled gld mineralizatin culd be related t a magmatic-hydrthermal system characterized by xidized fluids. This distinct magnetic anmaly might be interpreted as a magnetite-altered zne (cntact aurele), cincident with the mre prus vlcaniclastic sequence directly in cntact with the Quartz Prphyry. 45

50 DIOSEXPLORATIOIV-1016X1 GEOLOGICAL REPORT Figure 21: Pyrite Occurrences ~ 0) ~ m ï r- ~ ~n *arn r- err ~ Bp ,000 -~ :-----Ç --- / ~- ~...AI"' - ~ ( O-- ~ - \-..., O ~ ~ ~ l~c, ~~,`r r \./ - ~C` _~% \ ~ Jp ix rrr' - \\ ~'~ ~ ~/ "N ~ x O / ~ ~. '.`. N. /'~ /-/ ~/ ~ /~~ ~ - ~,,O b ~/ ~ ~ro `~ ~ ~ ~ ` 0 i ~i<~ \ O ~ ~ ~ /~ ~~ N. \\- O O' `~ rr ~~~ `~~ / O \~ ~- ~ ^ `..:0,..._-- (~ ->~ \~\. `~ ~,,`8. A... O ti\ ` 311,000 0 a) r Dry ris EXPLORATION K2 Gld Prject O Mineralizatin Pyrite - Prperty --- Structure, Fault, Shear Zne - MAG High Anmaly c Gelgy Felsic Vlcanics/Tuff 0 -v a~ n _ Andesite 1111 Mafic Vlcanics 11.1 Gabbr w Irn Frmatins Tnalite Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke 00 ~ O 0 0 car),., ~ `\\ ,\ c"' kl \\ ~ w Km UTM NAD 83 Zne 18 33C04-05 Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date:

51 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 22: Chalcpyrite Occurrences ,000 30i \.. \.~- --- ~. -- N..4. 0,.-0''''.>Cc Ai i ' / \\. \ N. i-. i' i~ \.' 0 ~ W r- ~ ~~ry DIOS EXPLORATION K2 Gld Prject Mineralizatin_CPY Prperty --- Structure, Fault, Shear Zne MAG High Anmaly 0 Gelgy -+a ) Felsic Vlcanics/Tuff upi Andesite c G Mafic Vlcanics IN Gabbr 1.11 Irn Frmatins Tnalite Quartz Prphyry Tnalite-Grandirite Mafic-Gabbr Dyke n a e+r rn H ' b00 0 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date:

52 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 23: Pyrite-Chalcpyrite Occurrences & Magnetic 1st Vertical Derivative Map i-l 1 ~~ ~. ~ -.. I ~ é v ~~r.~~~ '' `_ rr ~ 0c O I~ 0...? ~A ~ ti I I.'. :,r y - rs ` ll " t I-- ~,_ KaliPlutn r. ~ ~_ in J~,ti ~.~.~ IA ~ ~... ~ I.. / -li -._. J i ~~~ DIOS EXPLORAI K2 Gld Prject Mineralizatin Chalcpyrite Mineralizatin Pyrite ~a ~ / ~~ y ~,~ ~ ' ~~ }i ~ f,-, r'" U ~~; t c ' ~ _, ~ ~., ~r : O~ _ d,i~,,yy--~~ p,d... -._._._. _... r i. : ~. U/... '... ~..~..._..a~ ~a~ ~,. ~ rn _~.~ ~ i,~ ia, O ~~.. ~ ~ I-- rn ~~.~ f : -'' f= i i'"~~~. Kali Lake Fault %~ ~ r ~.~ ~ ~~- ~' ;~,~. - ~~ `... ~I ~ J,1 s.. >, rsi~i' rl I -- _ ~ ~ 0 O p ina F5 ~A, ~ ~'' ' ca Fault cl) --~ ~~ ;~~r= ~, ~ ~. ~~-- ~~ ~~ UTM NAD 83 Zne 18 33C Km ' Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date: ~ ~ ~ /~~~~ J~ ~._ -f O = i~,.~r c ~ O to i R._,'f, r -_r^' ~ ~ -~,/~~~ ` ~.ry+' ~ ~ ~ ~ ` ~~ ` ~~~.,f ^ MAG High Anmaly ~... rt~ ~ ~ ~ :: ~ '~ ~%..., ô ~ 's.e s~ `'~. i ~ Mafic-Gabbr Dyke 44 ~i~ ~s ~ ~ k ~ ~~~.0" ~ e ` ~ i Quartz Prphyry ~ ~s~~; ~ ~ Gelgy i ~ ~ ~.~ is.~.a _ i ~. ~ ` ~ _ i.-')e,1' ô ` ' ,. "'~., ~ '~,_ ~. - p ~,'., -~ I.r~j 3 ~ C ~ '. ~ J--- r. ~~~ I~ ~~ MAG High -,._'~~~i ~ IL 48 Prperty + / ~~i~~~,.~i ~-~ ~~ ~ ---. Structure, Fault, Shear Zne 44:

53 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 9. STRUCTURAL GEOLOGY Gld mineralizatin is mainly hsted within silicified fractures, narrw quartz-carbnates veins and shear znes assciated with a well-develped WNW-NW (N125-N160) and ENE (N070) structure system, interpreted by Dis gelgists as ptential pathways fr hydrthermal fluids and magma ascent. The WNW riented Kali Lake fault represents a ptential gld-bearing structural crridr extending ver 4km. The (N ) mineralized fractures and quartzcarbnates veins bserved in the Kali Lake shwing area crss-cut the lithlgies, suggesting that mineralizatin culd be late-vlcanic t syntectnic. The Kali Lake fault als crss-cuts the magnetic high anmaly as well as the Quartz Prphyry/felsic vlcanics cntact, thus cnfirming the nature and relative age f the structurally-cntrlled gld mineralizatin. At the prperty scale, mineralizatin is apparently cncentrated at the intersectin between the WNW and ENE structures. The main schistsity assciated with the reginal defrmatin is riented N060 t N110, steeply dipping (75-90 ) t the nrth and is sub-parallel t the vlcanic sequences layering. Three fracture systems (N ), (N350-N010) & (N75-110) are lcally silicified and mineralized. Finally, the Opinaca fault is a reginal ENE-NE trending nrth-dipping shear zne fllwed ver 9km alng the Opinaca River. It marks the faulted cntact between felsic vlcanics-tuffs t the nrth and mafic vlcanics f the Km-Kasak Fm t the suth. Gld mineralizatin assciated with quartz veins ccurs within sheared and strngly sericitized felsic vlcanics. Tensin veins and C/S fabrics bserved in the shear zne suggest a dextral mvement. 49

54 DIOSFNPLOXATION 2016 K2 GEOLOGIC/IL POIT 10. EXPLORATION MODEL The gelgical envirnment f the K2 prperty suggests a structurally-cntrlled xidized (IRG) intrusin-related gld system. In Archean gelgical cntext, such gld systems are generally assciated with small high-level stck with calc-alkaline (t alkaline) vlcanism and breccia frmatin. They are typically in island arc envirnment assciated with relatively xidized but S- pr calc-alkaline (t middling alkaline) magmatism. Archean Au (-Cu) "prphyry" and related magmatic hydrthermal (MH) depsits are relatively prly defined in the literature. Archean magmatic hydrthermal-type (MH) depsits are assciated with large gechemical enrichments in Fe, but mainly as Fe xides (+/- Fe silicates, Fe carbnates) with relatively minr Fe sulfides; they cntain ecnmically imprtant enrichments in Au and/r Cu (Richards and Mumin 2013). Magmatic-hydrthermal envirnment includes structures in the brittle rcks verlying bathlitic system that fcus magma ascent and fluid flw int narrw apex regins r cuplas (Tsdal and Richards 2001, Richards 2011). Shallw crustal magma emplacement may cause dming in the cver rcks, with dilatatinal fault znes prviding high-permeability pathways fr fluids and magma ascent. Cylindrical shapes f many prphyry stcks may have arisen first as breccia pipes r diatremes bred ut by rapidly escaping vlatiles, nly later t be back-filled with prphyritic magma (stcks and dykes). Such high-permeability pathways are likely t have thermally weakened the wall-rcks and prmte further fracturing and channeling fr metals. If the metalbearing fluids were derived frm deep-seated rcks in the crust r mantle, the prphyries and the structural pathways thrugh their magmatic precursrs migrated t the near surface may have served simply t fcus fluid flw t the mineralizatin site. 50

55 IDIOSEXPLOR,QTIOV 201 1(.2 GEOLOGICf1L REPORT 11. PROPERTY HIGHLIGHTS The prperty entirely cvers the highly prspective cntact between the synvlcanic Kali Quartz Prphyry and a km thick calc-alkaline felsic vlcanic-tuff sequence. Dis cmpilatin and 2014 explratin wrk highlighted several gelgical features favurable fr structurallycntrlled xidized Intrusin Related Gld (IRG) depsits, including the presence f a heat zne, magmatic-hydrthermal activity, prus lithlgies and mineralized structures. - Histrical and Dis 2014 utcrp sampling yielded numerus gld values between 0.1 and 5.39 g/t Au (78 samples ut f 351 r 22% > 0.1 g/t Au; including 21 > 0.5 g/t Au), silver values up t g/t Ag (121 samples ut f 205 r 59% > 1.0 g/t Ag, including 53 > 5.0 g/t Ag), and cpper values up t 8.28% Cu (75 samples ut f 205 r 37% > 0.1% Cu, including 27 > 1.0% Cu). Gldcpper-silver ccurrences (up t 2.6 g/t Au, 40 g/t Ag & 8.28% Cu) are hsted bth in the Quartz Prphyry and felsic vlcanic sequence, at r near the cntact between the tw units. - Higher Au-Ag-Cu ± Bi-Zn cncentratins mainly ccur within silicified fractures, narrw quartzcarbnates veins and shear znes assciated with WNW (N ) and ENE (N070) riented km-scale structures, and mre particularly at their intersectin. Mineralizatin is cmpsed f traces-5% pyrite-chalcpyrite assciated with weak t mderate silica ± sericite-bitite-chlritecarbnate alteratin. - Late WNW and ENE structures culd have prvided pathways fr the migratin f magmatichydrthermal fluids and cncentrated gld mineralizatin. The WNW trending Kali Lake fault represents a ptential gld-bearing structural crridr extending ver 4km (Figure 25). Mineralized fractures and quartz-carbnates veins bserved in the Kali Lake shwing area are mainly riented N and crss-cut all the lithlgies, suggesting that mineralizatin culd be late-vlcanic t syntectnic. The late Kali Lake fault may have simply rembilized deepseated mineralizatin assciated with the magnetic anmaly. - The Kali Quartz Prphyry cnsists f a prphyritic tnalite-quartz dirite intrusin, lcally mineralized and magnetic (xidized). It is similar in size and cmpsitin t ther knwn intrusins assciated with Archean IRG «prphyry» gld systems. 51

56 I~IO.~SEXPLOR/4TION 2016 A2 GEOLOGICIL REPORT - Several disseminated pyrite ±chalcpyrite znes ccur alng WNW and ENE structures. They are assciated with a distinct (3.0x 1.0km) magnetic high anmaly lcated in the mre prus vlcaniclastic sequence that might be interpreted as a large magnetite-sulphides envelpe centered n the Kali Quartz Prphyry. The presence f magnetite culd indicate a change in the xygen fugacity and/r ph f the fluid that may have triggered metal precipitatin. - The K2 prperty is lcated 3 km nrth f the cntact between the Opinaca (Nemiscau) and La Grande gelgical sub-prvinces, within a greenschist metamrphic dmain. The steep metamrphic frnt at the cntact between these sub-prvinces and the distributin f gld ccurrences in James Bay shw a gd spatial crrelatin (Lapinte 2008 & Gauthier 2007). - In the Lwer Eastmain Greenstne Belt, Michel Gauthier (MB 98-10) and Mukhsil & al. (ET ) bserved that a grup f prphyry r magmatic-related Au-Ag-Cu ±M mineralizatin, including Lac Elmer, Kali (K2 prperty), Reservir and Clearwater, shares the fllwing characteristics: spatial assciatin with prphyritic stcks r dykes, particular alteratin with bitite and actinlite, and gld-cpper crrelatin. - The Quebec gvernment ptential map fr James Bay Cu-Au ±M prphyry utlined the Lac Elmer and Kali (K2 prperty) area as ne f the five (with Trilus, Lac Yasinski, LG3 & Lac Guyer) mst prspective areas fr new discveries (Figure 24; Lamthe D & 2009). It als utlined the Lac Elmer and Kali regin as ne f the tw (alng with Ile Bhier/Dis 33Carats prject) mst favurable areas assciated with NORMAT sericite-chlrite alteratin indices (cmbinatin f ISER and ICHLO). 52

57 DIOSEXPLORfITIOV?016I? CEOLOGICIL REPORT Figure 24: Quebec gvernment ptential map fr James Bay Cu-Au-M prphyry (mdified frm Lamthe D. 2009) J. ~ 1 t C05-51 ~,, C05-7 r~ I CD6-5,_ C05-3 Lac Kali (SDB - ~, (SDBJ)1' 2308=18 (gdb1)41 lndice, ,, SDBJ) ' --_~_ -re ~ ~ (SDBJ 1 ~e _ 53

58 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT Figure 25: Kali Lake Fault Gld Target Oÿ000 M ~ ~ '.00 `\ \~x, ~ \ / ~.0 \~'~ ~~ \ \ \ ~y~\... ~y \\ ''`~..."'"N ~} ("~ ~. i\ ~ ~ ~. \ ~~ic\ \ Ÿ a. \ - \, ,O x\\ 8.~~~i~~...-r ~ -~ / - ~\ i~~x \ \x xr ~ X-\\ ~i~ i~. \ Kali Lake Gld-Bearing WNW-NW Structural Crridr? ~\ \\ \\ \` \`?C ~~ i O ~~ry Dis EXPLORATION K2 Gld Prject Outcrp Sample Cmpilatin Au (g!t) D m r N Cu (%) ô u) ~ l ti Ag (gn) NO 10, ,000 5,000-9,999 1,000-4,999 0,100-0,999 X 0,000-0,099 / ô Prperty --- Structure, Fault, Shear Zne VLF Anmaly MAG High Anmaly ô rrrn ~. \ N N 305' rn n u~ 0 1 Km UTM NAD 83 Zne 18 33C04-05 Authr: Carll Desrmeaux P.Ge, Jr. Eng. Date:

59 DIOS EXPLORATION 2016 K2 GEOLOGICAL REPORT 12. CONCLUSION AND RECOMMENDATIONS Histrical explratin wrk in the Kali Lake area uncvered several gld-cpper-silver ccurrences assciated with an Archean magmatic-hydrthermal system related t the Kali Quartz Prphyry. In 2014, a ne-day recnnaissance mapping and prspecting prgram carried ut by Dis Explratin quickly cnfirmed the gld ptential f the K2 prperty with the discvery f tw new gld shwings (5.39 g/t Au, 111 g/t Ag, 5.05 % Cu, 93 ppm Bi & 3.39 g/t Au). Gld-bearing quartz-carbnates veins, shear znes and fracture systems are assciated with extensive WNW-NW and ENE riented structures, interpreted as favrable pathways fr magmatic-hydrthermal fluids. Therefre, an explratin mdel fr structurally-cntrlled xidized intrusin-related gld (IRG) depsits is prpsed fr the K2 prject. Previus explratin prgrams by SDBJ, Westmin and Barrick mstly targeted typical rgenic gld and vlcangenic massive sulphides depsits. Mre discrete disseminated mineralizatin was apparently neglected. The Kali Lake shwings still remain untested by channel sampling and drilling. Future explratin wrk shuld fcus n the WNW trending Kali Lake fault and the magnetic high anmaly assciated with the cntact between the synvlcanic Kali Quartz Prphyry and felsic vlcanic-tuff sequence. Systematic utcrp mapping and sampling f the felsic intrusive and vlcaniclastic rcks is recmmended. Effrts shuld be cncentrated n areas with a high density f WNW-NW mineralized fractures. The intersectin between WNW and ENE structures represent prime structural targets. Detailed gelgical and structural mapping shuld als be dne n the main Kali Lake shwings. Finally, a ne-day gelgical mapping and prspecting prgram is recmmended n the felsic intrusin intersected by the Opinaca fault, lcated in the nrtheastern part f Dis adjacent Sl prperty. Depending n the results, manual stripping and channel sampling culd be cnducted n the mre prmising mineralized znes. Grund gephysical (Magnetic, Induced Plarizatin) surveys s shuld als be cnsidered

60 DIOSEXPLOR,ITION- 2016K2 GEOLOGICIL REPORT Prpsed Budget: - Mb-Demb = $ Gelgical mapping and prspecting: 7-10 days x $12 000/day*(helicpter-supprted, allincluded + analysis) = $ Reprt, planning & administratin = $ Cntingencies = $5000 Ttal = $ $ Harld De M.Sc. Ge 0GQ #550 % - Carl! Desrmeaux, P.Ge, Jr. Eng. OGQ#1939 OIQ#

61 DIOSEXPLOIUTION 2016X2 GEOLOGICIL REPORT 13. REFERENCES 13.1 Wrk Depsited t the MRNQ & Dis Internal Dcuments Augyva Resurces (1997) "Levés géphysiques, prpriété Lac Kali", GM 54932, 9p. + 5 maps. Augyva Resurces (2006) " Levé électrmagnétique EMH, prpriété Kali", GM 63536, 9p. + 4 maps. Augyva Resurces (2007) "Reprt n a helicpter-brne time dmain electrmagnetic gephysical survey, prject 696, Kali prperty", GM 63528, 28p. + 2 maps. Augyva Resurces (2013) "Gelgical cmpilatin f the Kali prperty", GM 67833, 250p maps. Azimut Explratin (2007) "Sil gechemistry, Eastmain River Area, Wabamisk prject", GM 63329, 572p. + 5 maps. Barrick Gld (1996). "Levé géchimique des sls (hrizn A et B), prjet Lac Elmer", GM 54391, 276p. + 6 maps. Barrick Gld (1997)"Levé gélgique 1996, prjet Lac Elmer.1V", GM 54392, 310p. + 2 maps. Barrick Gld (1997) "Levé de plarisatin prvquée, prpriété de Barrick Gld Crpratin et Eastmain Resurces, prjet Lac Elmer JV, grille A21 Nrth, régin de la rivière Eastmain", GM 54820, 16p maps Barrick Gld (1997)"Levé gélgique 1997, prjet Lac Elmer JV", GM 55790, 307p. + 5 maps. Barrick Gld (1997) "Levé de plarisatin prvquée, prjet Sil Gld Grid", GM 55854, 15p maps. Barrick Gld (1997)"Levé géchimique des sls, prjet Lac Elmer", GM 55866, 201p. + 1 map Barrick Gld (1998) "Campagne de frages hiver 2008, prjet Lac Elmer 1V ( ), regin de la riviere Eastmain", GM 55908, 300p maps Barrick Gld (1998) "Rapprt sur des levés géphysiques au sl effectués dans le cadre du prjet Lac Elmer JV (#611) ", GM 55976, 19p maps Cambir (1999) "Rapprt-campagne de frage 1999, prjet Lac Elmer JV, Vlume 1 de 2", GM 57310, 44p. + 7 maps. Cambir (1999) "Rapprt-campagne de frage 1999, prjet Lac Elmer JV, Vlume 2 de 2", GM 57311, 162p. 57

62 DIOSEXPLORITION 2016K2 GEOLOGICsIL REPORT Cambir (1999) "Levé gélgique, prjet Lac Elmer", GM 57506, 51p. + 2 maps Canic (1975) "Eastmain River 75 Area, A.E.M., Magnetmeter & Spectrmeter survey, final reprt", GM 34027, 2p maps Canic (1976) "Canic-James Bay JV, Eastmain River Prject, Reprt frm July 1 t September 30, 1976", GM 34028, 10p maps D'Amurs, I. (2011) " Levé magnétique aérprté dans le secteur de Némiscau, Baie James", DP , 8p maps. Desbiens, H. (2011) "Reprt f the gelgical prgram n the AU33 diamnd-gld prject (768), Eastmain-1 area, James Bay, Nrthern Quebec (33c/01, 33c/08, 33b/04 & 33b/05 NTS sheet) "; fr Dis Explratin, GM 65809, 135p. + 1 map. Desbiens, H., Desrmeaux, C. (2012) "Preliminary reprt f the 2011 gelgical wrk n the Shadw and LeCarn prject", GM 66570, 136p. Desbiens, H., Desrmeaux, C. (2013a) "Reprt f the 2012 gelgical prgram n the 33carats suth prject, Eastmain River area, Quebec (33A08)"; fr Dis Explratin, GM 67423, 123p. Desbiens, H., Desrmeaux, C. (2014a) "Reprt f the 2013 drilling prgram n the 33carats suth prject, Eastmain River area, Quebec (33A08)"; fr Dis Explratin, GM 68269, 213p. Desbiens, H., Desrmeaux, C. (2014b) "Summary Gelgical Reprt f the Sl Prject, Opinaca West Area, James Bay "; fr Dis Explratin, GM 68166, 83p. Desbiens H. & Desrmeaux C. (2015) "Reprt n the 2014 Explratin Prgram & Gelgical Cmpilatin f the Au33W & Shadw Gld Prject "; fr Dis Explratin, 174p. Desbiens, H. & Desrmeaux, C. (2016a) "Reprt n the 2015 drilling prgram, AU33W gld prject, Eastmain River area, Quebec (33c01)", fr Dis Explratin, internal reprt, 264p. Desbiens, H. & Desrmeaux, C. (2016b) "Reprt n the 2016 drilling prgram, AU33W gld prject, Eastmain River area, Quebec (33c01)", fr Dis Explratin, internal reprt. Dme Mines Limited (1936) "Reprt n Eastmain River Explratin & Recnnaissance Wrk", GM 09863, 16p. Eastmain Resurces (1987) "Dighem Ill, Eastmain River area", GM 45087, 82p maps. Eastmain Resurces (1988) "Assessment reprt 2, Opinaca prject", GM 47603, 198p maps. Eastmain Resurces (1989) "Assessment reprt 3, Opinaca prject", GM 48733, 145p maps. Eastmain Resurces (2007a) "Interpretatin reprt n airbrne gephysical investigatins, helicpter-brne magnetmeter and VTEM electrmagnetic surveys, Lac Opinaca area, James Bay prperties", GM 63478, 11p. 58

63 13IOSEXPLORATIOiV 2016K2 GEOLOGICAL REPORT Eastmain Resurces (2007b) "Reprt n a helicpter-brne, time-dmain electr-magnetic, Gephysical survey, Lac Elmer blck"; GM 63479, 30p. +5 maps. Eastmain Resurces (2013) "Helibrne high-reslutin aermagnetic survey, Lac Elmer prperty", GM 68281, 24p. + 6maps. Eastmain Resurces (2014b) "Lac Elmer prject, James Bay area, Quebec, Canada-Reprt n the 2013 gephysical survey", GM 68280, 41p. Elr Resurces (2006) " Rapprt des travaux été 2006, prpriété Taiga Ouest", GM 62941, 89p maps. Francni, A. (1978) "Rapprt Final, La Bande Vlcansédimentaire de la Rivière Eastmain Inférieure", MRNFQ, DPV 574, 186p. + 2 maps Gauthier, M. & Larcque, M. (1998) "Cadre gélgique, style et répartitin des minéralisatins métalliques de la Basse et de la Myenne Eastmain, Territire de la Baie James", MB 98-10, 86p. Gleesn, C.F. (1975) "Gechemical reprt n a lake sediment survey, Bereziuk Lake, Eastmain River areas", GM 34046, 93p. Gleesn, C.F. (1976) "126 plans d'un levé géchimique (sédiments de lac), régin du lac Bereziuk, rivière Eastmain et Rupert", GM 34047, 133maps Lamthe, D. (2008) "Explratin targets fr prphyry Cu-Au+I--M depsits, James Bay regin", PRO , 8p. Lamthe, D. (2009) "Assessment fr mineral ptential fr prphyry Cu-Au+/-M depsits in the Baie James regin", EP , 54p. Lanthier, G. (2000) "Minéralisatins prphyriques de cuivre-r et skarns cuprifères de la prpriété Eider, SRNC 32K12", fr Bradback Resurces, GM 58160, 177p. Lucer Resurces (1993) "Reprt n diamnd drilling, verburden stripping and sil gechemistry cmpleted during 1993, Lidge claim grup", GM 52428, 74p maps. Lucer Resurces (1994) "Reprt n diamnd drilling, Lidge claim grup", GM 52587, 66p. + 2 maps. Mukhsil, A. (2000) "Gélgie de la régin des lacs Pivert (33C01), Anatacau (33C07) et Wapamisk (33C08)"; MRNFQ, RG , 48p. + 4 maps. Mukhsil, A., Vicu, G., Din, C., David, J., Davis, D.W., Parent, M. (2001) "Gélgie de la régin de la Basse-Eastmain centrale (33CO3, 33C04, 33C05, 33C06)", MRNFQ, RG , 54p + 4 maps. Mukhsil, A., Bily, M. (2003) "Géchimie des assemblages vlcaniques de la ceinture de rches vertes de la Myenne et de la Basse-Eastmain, prvince du Supérieur, Québec", MRNFQ, ET , 57p. 59

64 DIO.S EXPLORA' 7701V 2016K2 GL'OLOGICfIL REPORT Mukhsil, A., Legault, M., Bily, M., Dyn, M., Sawyer, E., Parent, M., Davis, D.W., (2002) "Synthèse gélgique et métallgénique de la ceinture de rches vertes de la Myenne et de la Basse-Eastmain centrale (33CO3, 33C04, 33C05, 33C06)", MRNFQ, ET , 57p + 1 map Phelps Ddge (1994) "Diamnd drill lg, Eastmain-Elmer, prjet 215", GM 52433, 27p. + 4 maps. Phelps Ddge (1997) "Levé de plarisatin prvquée, prjet Lac Elmer JV', GM 54820, 16p maps. Phelps Ddge & Eastmain Resurces (1998) "Rapprt sur les levés géphysiques, prjet Lac Elmer JV", GM 55976, 19p maps. Phelps Ddge & Eastmain Resurces (1998) "Campagne de frages hiver 1998, prjet Lac Elmer JV", GM 55908, 301p maps. Pilte, P. (1998) "Métallgénie du district minier de Chapais-Chibugamau, nuvelle visin du ptentiel de décuverte", DV98-03, 180p. SDBJ (1974) "Lake sediment gechemistry", GM 34044, 20p. SDBJ (1977) "Géchimie des minéraux lurds des tills glaciaires, partie uest et sud-uest du territire", GM 34167, 195p maps. SDBJ (1980a) "Campagne d'été 1980, prjet Elmer-Eastmain", GM 37994, 76p. + 5 maps. SDBJ (1980b) "Rapprt préliminaire, prjet Eastmain", GM 38169, 29p. + 6 maps. SDBJ (1981) "Rapprt final, Levé géphysique aérprté, Régins de Elmer Eastmain, Lac des Mntagnes, Lac du Glas, prjet S ', GM 38445, 423p maps. St-Hilaire, C. (2014) "Interpretatin reprt f high-reslutin aermagnetic data, Lac Elmer prperty"; fr Eastmain Resurces, GM68282, 57p. + 8maps. St-Hilaire, C. (2013) "Cmpilatin géphysique, prjet K2", Dis Explratin internal dcument. St-Hilaire, C. (2012) "Cmpilatin géphysique, prjet SOLO", Dis Explratin internal dcument. Virginia Gld Mines (2006) "Recnnaissance gélgique 2006, prjet Assini", GM 62652, 25 p. + 1map. Virginia Gld Mines (2008) "Recnnaissance gélgique 2007 et 2008, prjet Assini", GM 63970, 59 p. + 1 map. Westmin Resurces (1985a) "Assessment reprt n 1984 wrk, Lidge Lake claim blck", GM 42403, 20p. + 4 maps. 60

65 DIOSL'XPLORITION 2016 A2 GEOLOGY-CIL REPORT Westmin Resurces (1985b) "Assessment reprt n the Eastmain claims", GM 42424, 13p. + 3 maps. Westmin Resurces (1986) "1985 Reprt n gelgical, gechemical, gephysical surveys and diamnd drilling, Westmain prject, Lidge claim grup", GM 43421, 38p. + 6 maps. Westmin Resurces (1987a) "Assessment reprt, Westmain prject", GM 45406, 23p. +5 maps. Westmin Resurces (1987b) "Reprt n line-cutting, gelgical mapping, VLF-EM and sil gechemistry cmpleted during 1987, Opinaca I B-Suth prject", GM 46423, 22p. +12 maps. Westmin Resurces (1987c) "Assessment reprt, Westmain prject, permit n 679", GM 46436, 48p. +14 maps. Westmin Resurces (1987d) "Reprt n prspecting prgram, Westmain prject, permit 709", GM 46437, 59p. +29 maps. Westmin Resurces (1988a) "Preliminary assessment reprt n line-cutting, gelgical mapping, grund gephysics and diamnd drilling, Westmain prject", GM 46924, 330p maps. Westmin Resurces (1988b) "Induced plarizatin survey, Westmain prject", GM 46925, 8p maps. Westmin Resurces (1988c) "Reprt n 1988 prspecting prgram, Westmain", GM 48311, 58 p maps. Westmin Resurces (1988c) "Reprt n line-cutting, gelgical mapping, magnetmeter, vlf-em and sil gechemistry cmpleted during 1988, Opinaca 1, 8-Suth prject, Lidge claims, grid 8-74", GM 48589, 32p. +17 maps. Westmin Resurces (1989) "Reprt n gelgical mapping, verburden stripping, vlf-em and sil gechemistry, Opinaca I, B-Suth prject, Lidge claims", GM 49335, 41p. +12 maps. Westmin Resurces (1990a) "Assessment reprt n 1989 prspecting prgram, Westmain prject", GM 49496, 38p maps. Westmin Resurces (1990b) "Reprt n gelgical mapping, prspecting and sil gechemical sampling, B-Suth (Lidge) claims, grid B-74", GM 50430, 25p. + 7 maps. Westmin Resurces (1993) "Reprt n diamnd drilling, verburden stripping and sil gechemistry cmpleted during 1993, Lidge claim grup", GM52428, 74p maps. Westmin Resurces (1994) "Reprt n diamnd drilling, Lidge claim grup", GM 52587, 66p. + 2 maps. Westmin Resurces (1996) "Gephysical survey, summer 1996, Lidge prject", GM 54668, 15p maps. 61

66 DIOSLXPLOR/4TION (2 GEOLOGIC-MI REPORT 13.2 Articles, Presentatins, Publicatins & Websites Alt Ventures Ltd, "Miner Lake prject, Ontari", Archer, P. (2005) "Histrique de décuverte et gélgie du système aurifère Rbert, prjet Élénre, Québec", 2005 Québec-Explratin presentatin, 31 slides. Ayers, J., Dube, B., Guthier, J., Kntak, D. & Thurstn, P. (2014) "Suthward yunging Abitibi reginal faults, supracrustal assemblages & cntrls n gld mineralizatin", Timmins wrkshp 2014, 27-slides presentatin. Baker, T. (2005) "New cnstraints n the chemistry f magmas and fluids assciated with intrusin-related gld depsits", 33-slides presentatin. Baker, T. (2007) "Prphyry gld depsits", SE Eurpe Gescience Fundatin Cnference ", 43- slides presentatin. Beakhuse, G.P. (2001) "Nature, timing and significance f intermediate t felsic rcks assciated with the Heml Greenstne Belt and implicatins fr the reginal setting f the Hernia gld depsit", OGS, Open File Reprt 6020, 248p Beakhuse, G.P. (2007) "Structurally cntrlled, magmatic hydrthermal mdel fr Archean lde gld depsits: a wrking hypthesis", OGS, Open File Reprt 6193, 133p. Beakhuse, G.P. (2011) "The Abitibi Subprvince plutnic recrd: tectnic and metalgenic implicatins", OGS, Open File Reprt 6268, 161p. Beaulieu, C. (2010) "Le gisement péri-granitique de Canadian Malartic (Québec): Apprt de la mdélisatin 3D a l'interprétatin métallgénique", M.Sc. thesis, UQAM, 102p. Blevin, P., Jnes, M., Chappell, B., Editrs (2003) "Magmas t mineralizatin: The Ishihara Sympsium", GEMOC MacQuarie University, July 22-24, 2003, Gescience Australia, 162p. Blevin, P. (2010) "Eastern Australian granites: rigin and metallgenesis", 2010 Industry and investment NSW cnference, 40-slides presentatin. Blewett, R. (2010) "Archean gld mineral systems in the eastern Yilgarn cratn-new knwledge t assist area selectin and targeting", Gescience Australia, 8p. Brisbin, D. (1998) "Defrmed intrusin-related wrd-class Archean vein gld mine-ralizatin at Timmins, Ontari: Applicatin f the mdel t Precambrian greenstne belt explratin", Sudbury 1998 GAC, 4p. Burham, C.W. (1985) "Energy release in subvlcanic envirnments: implicatins fr breccia frmatin", Ecn. Gel., v.80, pp

67 DIOSFYPLORfITION 2016K2 GL'OLOGIC& REPORT Camern, E.M. & Hattri, K. (1987) "Archean gld mineralizatin and xidized hydrthermal fluids", Ecn. Gel., v82, pp Caries, P. (2000) "Cntraints n the genesis f the Archean Trilus gld-cpper depsit, Quebec", M.SC. thesis, McGill University, 134p. Champin, D. (2007) "New insights int intrusin-related mineralisatin in the Tasmanides", 50- slides presentatin, Digging Deep Cnference, Brisbane Clark Explratin Cnsulting (2006) "Technical reprt n the Hammnd Reef prperty, Thunder Bay mining divisin, Nrthwestern Ontari", fr Brett Resurces, 56p. Cls, M. (2001) "Bubbling magma chambers, cuplas and prphyry cpper depsits", Internatinal Gel. Reviews, v.43, n4, pp Clumbia Crest Gld Crp: Cke, D.R., Heithersay, P.S., Wlfe, R., Caldern, A.L. (1998) "Australian and western Pacific Cu- Au depsits", AGSO Jurnal f Australian Gelgy & Gephysics, 17 (4), pp Crbett, G. (2009) "Anatmy f prphyry related Au-Cu-Ag-M mineralized systems: Sme r 1 t explratin implicatins", Australian institute f gescientifists Nrth Queensland explratin cnference June 2009, 13p. Crbett, G. & Leach, T.M. (1997) "Suthwest Pacific Rim gld-cpper systems: Structure, alteratin, and mineralizatin", shrt curse manual, 318p. Crnerstne Resurses : Crpratin Minière Osisk : Crest Minerals web-site : Dubé, B. & Gsselin, P. (2007) "Greenstne-hsted quartz-carbnate vein depsits"; in Gdfellw, W.D., ED., Mineral depsits f Canada: a synthesis f majr depsits, GAC, Special Publicatin 5, pp Dubé, B., Gsselin, P., Hanningtn, M. & Galley, A. (2004) "Gld-rich vlcangenic massive sulphide depsits"; 14p. Dubé, B., Mercier-Langevin, P. Editrs (2015) "Targeted Gescience Initiative 4: Cntributins t understanding f Precambrian lde gld depsits and implicatins fr explratin"; GSC pen file 7852, 297p. Dubé, B., Mercier-Langevin, P., Hanningtn, M., LaFrance, B., Gsselin, C. & Gsselin, P. (2007) "The LaRnde Penna wrld-class Au-rich vlcangenic massive sulphide depsit, Abitibi, Quebec: 63

68 DIO,SFYPLOI~ITION 20161r2 GEOLOGICIL RPPORT mineralgy and gechemistry f alteratin and implicatins fr genesis and explratin"; Ecn.Ge., v.102, pp Duuring, P., Cassidy, K.F., Hageman, S.G. (2007) "Granitid-assciated rgenic, intrusinrelated, and prphyry style metal depsits in the Archean Yilgarn Cratn, Western Australia"; Ore Gelgy Reviews, v.32, pp Eade, K.E. (1966) "Frt Gerge River and Kaniapiscau River (West Half) Map-Areas, New Quebec", GSC, Memir 339, 120p. Eastmain Resurces web-site, 2015 : Eastmain Resurces (2014e) "2014 precius metals summit Clrad presentatin", 34 slides. Evans, L. (2006) "Technical reprt n the Trilus mine zne 87 undergrund minera! resurces estimate, Quebec fr Inmet Mining", NI technical reprt, 126p. Faure, S. (2012) "Prphyres Cu-Au subalcalins: caractéristiques géchimiques et cibles d'explratin dans les terrains de haut grade métamrphique archéens et paléprtérziques (prjet )", CONSOREM, 31p. Faure, S. (2010) "Perméabilité crustale dans le Myen-Nrd: guide d'explratin géphysique pur l'r, l'uranium et le diamant (prjet )", CONSOREM, 49p. Fraser, R.J. (1993) "The Lac Trilus gld-cpper depsit, nrthwestern Quebec, a pssible Archean prphyry system", Ecn. Gel., v88, n6, pp Fraser, T.M., Gdwin, C.I., Thmpsn, J.F.H., Stanley, C.R. (1993) "Gelgy and alteratin f the Munt Plley alkalic prphyry cpper-gld depsit, British Clumbia", BCGSB, Gelgical fieldwrk 1992, paper , pp Galley, A.G., Lafrance, B. (2014) "Setting and evlutin f the Archean synvlcanic Mshla intrusive cmplex, Dyn-Busquet-Larnde mining camp, Abitibi greenstne belt: emplacement histry, petrgenesis and implicatin fr Au metallgenesis", Ecn. Gel., vl. 109, pp Gauthier, M. (2000) "Style et répartitin des gîtes métallifères du territire de la Baie James (Québec)", Chrnique de la Recherche Minière, n 539, pp Gauthier, M. (2007) "Histrique de l'explratin et perspectives métallgéniques à la Baie James", 2007 Québec-Explratin presentatin, 41 slides. Gauthier, M., Trépanier, S., Gardll, S. (2007) "Metamrphic gradient: A reginal-scale area selectin criteria fr gld in the Nrtheastern Superir Prvince, Eastern Canadian Shield", SEG Newsletter, April 2007, number 69. Gergees, C. (2007) "The Mungana prphyry-related plymetallic depsit, Nrth Queensland", fr Kagara Zinc, 42 slides-presentatin. 64

69 DIOSFYPLOR4TION 20161f2 GL'OLOGIC4L REPORT Gilmur, P. (1977) "Mineralized intrusive breccias as guide t cncealed prphyry cpper systems", Ecn.Gel., v.72, pp Glaguen, E., Branquet, Y., Chauvet, A., Bucht, V., Barbansn, L., Vigneresse, J.L. (2014) "Tracing the magmatic/hydrthermal transitin in reginal lw-strain znes: The rle f magma dynamics in strain lcalizatin at plutn rf, implicatins fr intrusin-related gld depsits", J.Struct.Gel., v58, pp Gldcrp website, 2015 : Gldfarb, R.J., Baker, T., Dubé, B., Grves, D.I., Hart, C.J.R., and Gsselin, P. (2005) "Distributin, character and genesis f gld depsits in metamrphic terranes", In Ecnmic Gelgy 100th Anniversary Vlume, pp Gldie, R. (1979) "The Dn Ruyn mine: An Archean prphyry cpper depsit near Nranda, Quebec", Ecn. Gel., v.74, n7, pp Gdman, S., Williams-Jnes, A.E., Caries, P. (2005) "Structural cntrls n the Archean Trilus gld-cpper depsit, Quebec, Canada", Ecn.Gel., v.100, n3, pp Hart, C.J.R. (2005) "Classifying, distinguish and explring fr intrusin-related gld systems", The Gangue, issue 87, pp1-9. Hart, C.J.R. (2007) "Reduced intrusin-related gld systems" in Gdfellw, W.D. ed. Mineral depsits f Canada: a synthesis f majr depsit types, District Metallgeny, the evlutin f gelgical prvinces, and explratin methds, GAC, Mineral Depsits Divisin, Special Vlume 5, pp Hart, C.J.R. (2013) "Redx cntrls n intrusin-related gld systems", slides presentatin, 2013 AEMQ-Quebec cnventin. Hattri, K. (1987) "Magnetic felsic intrusins assciated with Canadian Archean gld depsits", Gelgy, v.15, pp Helt, K.M. (2012) "The Canadian Malartic depsit: an example f xidized intrusin-related gld mineralizatin in the Abitibi Greenstne-belt, Quebec, Canada", Mc Gill University, M.Sc. thesis, 184p. Hliday, J.R., Cke, D.R. (2007) "Advances in gelgical mdels and explratin methds fr cpper +/- gld prphyry depsits", in Prceeding f explratin 07, fifth int.cnf. n mineral explratin, ed. B. Milkereit, paper 53, pp Hliday, J., McMillan, C., Tedder, I. (1998) "Discvery f the Cadia Ridgeway gld-cpper prphyry depsit", fr Newcrest Mining, SMEDG, abstract 4p. Hward, N. (2007) "Genetic classificatin f breccias", Vancuver 07, BC Gesciences, pster. 65

70 DIO.SL'XPLOR4TION 2016 AZ GEOLOGICAL REPORT Hrnsky, J.M.A. & Grves, D. (2009) "Tward an unified mdel fr magmatic-hydrthermal gld metallgeny with implicatins fr rgenic gld", in Smart sciences fr explratin and mining, P.J.Williams ed., pp InnvExpl (2013) "Technical reprt and mineral resurce estimate fr the Mss Lake prject", NI technical reprt fr Mss Lake Gld, 112p. Issignis, M.J. (1980) "Occurences f dissemined gld depsits in prphyries in Archean Abitibi belt, nrthwest Quebec, Canada", Trans. Inst. Min. Metall., v.89, pp B Jacksn, L.M. (2008) "Evlutin f the Nrtheast zne breccia bdy, Munt Plley mine, British Clumbia", M.Sc. thesis, University f British Clumbia, 244p. Jébrak, M. (1992) "Les gisements d'r des tnalites archéennes (Abitibi, Québec)", Mineral. Depsita, v27, pp1-9. Jébrak, M. (1997) "Hydrthermal breccia in vein-type re depsits: a review f mechanism, mrphlgy and size distributin", Ore Gelgy Reviews v12, pp Jébrak, M. (2002) "Gelgy and gld-mlybdenum prphyry mineralisatin f the Archean Taschereau-Launay plutns, Abitibi, Quebec", Prec.Research, v.15, nt, pp Jébrak, M. (2011) "Archean gld prphyry depsits f the Abitibi greenstne belt, Quebec, Canada-pssible rle f late rgenic sedimentary rcks", SGA-Antfagsta, Chili, 3p. Jébrak, M. (2013) "Le plutnisme Fini-Archéen en Abitibi: à la surce des gisements", Frum Cnsrem-Divex, 33-slides presentatin. Jnes, B.K. (1992) "Applicatin f metal zning t gld explratin in prphyry cpper systems", Jurn. Gechem. Explratin, v.43, pp Katz, L. (2013) "The Cté gld depsit in Ontari: a new explratin target fr large tnnage, lw-grade gld depsits in the Archean", slides presentatin, 2013 AEMQ-Quebec cnventin. Kirwin, D. (2006a) "Hydrthermal breccias- Textures, prcesses and mineralizatin", SEEGF cnference, ct.2006, 97-slides presentatin. Kirwin, D. (2006b) "Unidirectinal slidificatin textures, marilitic cavities and rbicles: field evidence fr the magmatic t hydrthermal transitin in intrusin-related mineral depsits", SEEGF cnference, ct.2006, 93-slides presentatin. Kntak, D. (2012) "Magmatic-hydrthermal gld systems in the Archean f Nrthern Ontari, Canada: Examples f syenite-assciated and prphyry-type Au-(Cu) depsits", 47-slides presentatin. Kntak, D. (2013) "The Upper Beaver Au-Cu depsit: insight int syenite-assciated Au mineralizatin with reginal implicatins", slides presentatin, 2013 AEMQ-Quebec cnventin. 66

71 MOS EXPLOR,4TIOX la GL'OLOGICflL REPORT Lapinte, I. (2008) "Envirnnements sédimentaires aurifères en terrain de haut grade métamrphique: le cas des bassins sédimentaires d'opinaca-némiscau, Baie James", CONSOREM, Prjet , 41p. Lang, J.R. & Baker, T. (2001) "Intrusin-related gld systems: the present level f understanding", Mineralium Depsita, v.36, pp Langshur, A. (1991) "The gelgy, gechemistry and structure f the Mshla intrusin, Busquet mining centre, Quebec", M.Sc. thesis, Ottawa University, 226p. Liswiec, N. & Mrrisn, G. (2013) "Explratin fr breccia hsted gld depsits in nrtheast Queensland", Mines & Wines 2013, 25-slides presentatin. MacDnald, P.J. (2010) "The gelgy, lith gechemistry and petrgenesis f intrusins assciated with gld mineralizatin in the Prcupine gld camp, Timmins, Canada", M.Sc.thesis, Laurentian University, 200p. MacDnald, P.J. & Piercey, S.J. (2003) "Discver Abitibi Gld subprject 3. Preliminary reginal gelgical assessment f prphyry intrusins spatially assciated with gld depsits in the Western Abitibi Subprvince, Timmins, Ontari", OGS, Open file reprt 6120, Summary f fieldwrk and ther activities 2003, pp36-1 t 7. MacDnald, P.J., Piercey, S.J. & Hamiltn, M.A. (2004) "Discver Abitibi. Gld subprject 3. Preliminary reginal gelgical assessment f prphyry intrusins spatially assciated with gld depsits alng the Prcupine-Destr defrmatin zne, Western Abitibi, Timmins, Ontari", OGS, Openfile reprt 6145, Summary f fieldwrk and ther activities 2004, pp43-1 t 7. Madn, Z. (2012) "Le gisement aurifère de Hammnd Reef', 30-slides presentatin at 2012 Cnsrem Abitibi Frum. McCuaig, T.C., Millen, J.M., Beresfrd, S. (2010) "Cntrls n giant mineral systems in the Yilgarn cratn-a field guide", Gescience Australia, 167p. McEvilly, R. (2015) "Vectrs t prphyry cpper-gld systems"; Link In, 2p. MDN inc ( ) "Mc Gld-Mpll gld prject, McKenzie Twp, Chibugamau". Mercier-Langevin, P. (2000) "Les minéralisatins aurifères au sein de la tnalite de La Grande- Sud, Baie James, Québec", M.Sc.thesis, UQAC, 274p. Mercier-Langevin, P. (2013) "Minéralisatins aurifères archéennes assciées aux intrusins, exemples clés et implicatin pur l'explratin", Slides-presentatin, 2013 AEMQ-Quebec cnventin. Micn Ltd (2012) "Technical reprt n the updated mineral resurce estimate fr the Brden Lake gld depsit, Brden Lake prperty, Nrthern Ontari, Canada"; reprt, 188p. 67

72 DIO.S' EARL OR,4TION la GL OLOGICfIL REPORT Mrasse, S., Wasteneys, H.A., Crmier, M., Helmstaedt, H. & Masn, R. (1995) "A pre-2886 Ma intrusin-related gld depsit at the Kiena mine, Val d'or, Quebec, Suthern Abitibi Subprvince"; Ecn. Gel., v.90, pp Mrasse, S. (1998) "Gelgy, structure and timing f gld mineralizatin at the Kiena depsit, Val d'or, Quebec", Ph.D. thesis, Queens University, 628p. Mrasse, S., Wasteneys, H.A., Crmier, M., Helmstaedt, H. Masn, R. (1995) "A pre-2886 Ma intrusin-related gld depsit at the Kiena mine, Val d'or, Quebec, Suthern Abitibi Subprvince", Ecn. Gel., v.90, pp Murakami, H., Se, J.H., Heinrich, C.A. (2009) "The relatin between Cu/Au rati and frmatin depth f prphyry-style Cu-Au+/-M depsits", Min.Depsita, 11p. Parent, P., Paradis, S.J., Bisvert, E. (1995)"Ice flw patterns and glacial transprt in the eastern Hudsn Bay regin: implicatins fr the late Quaternary dynamics f the Laurentide Ice Sheer', Can.J.Earth Sci., v.32, pp Parent, S.J., Bisvert, E. (1995) "Séquence des éculements glaciaires dans le secteur de Chibugamau-Némiscau, Québec", in Current Research 1995-C, GSC, pp Parent, M., Paradis, S., Dirn, A. (1996) "Palimpset glacial dispersal trains and their significance fr drift prspecting", Jurnal f Gechemical Explratin, v.56, pp pmd*crc (2008a) "Cncepts t targets: a scale-integrated mineral systems study f the Eastern Yilgarn Cratn", Prject Y4 final reprt-part I & II, January 2005-July 2008, Gescience Australia, 164p. pmd*crc (2008b) "Cncepts t targets: a scale-integrated mineral systems study f the Eastern Yilgarn Cratn", Prject Y4 final reprt-part Ill & IV, January 2005-July 2008, Gescience Australia, 392p. Ravenelle, J.F., Dube, B., Mal, M., McNichll, V., Nadeau, L., Simneau, J. (2010) "Insights n the gelgy f the wrld-class Rbert gld depsit, Elenre prperty, James Bay area, Quebec", GSC Current Research , 26p. Ravenelle, J.F. (2013) "Amphiblite facies gld mineralizatin: An example frm the Rbert depsit, Elenre prperty, James Bay area, Quebec", UQAM-IRNS, Ph.D. thesis, 325p. Richards, J.P. (2003)"Tectn-magmatic precursrs fr prphyry Cu-(M-Au) depsit frmatin", Ecn. Gel., v.98, pp Richards, J.P. (2005) "Cumulative factrs in the generatin f giant calc-alkaline prphyry Cu prphyry" in Prter, T.M. (ed) Super prphyry cpper and gld depsits: a glbal perspective, PGC Publishing, Adelaide, v.1, pp

73 DIOSFYPLORf1T1ON 2016K2 GR'OLOGICf1L _REPORT Richards, J.P. (2009) "Pstsubductin prphyry Cu-Au and epithermal Au depsits: Prducts f remelting f subductin-mdified lithsphere", Gelgy, v.37, n3, pp Richards, J.P. (2011) "Magmatic t hydrthermal metal fluxes in cnvergent and cllided margins", Ore Gelgy Reviews, v.40, pp1-26. Richards, J.P. & Mumin, A.H. (2013) "Magmatic-hydrthermal prcesses within an evlving Earth: Irn xide-cpper-gld and prphyry Cu-M-Au depsits", Gelgy, v41, n7, pp Rist, R.W. & Breede, K. (2010) "An update t a technical review f the Mss Lake gld prperty including an updated mineral resurce estimate, Mss Twnship, Nrthwest Ontari fr Mss Lake Gld Mines", NI technical reprt, 106p Rbb, L. (2005) "Chap.2 Magmatic-hydrthermal re frming prcesses" in Intrductin t refrming prcesses, Blackwell Publishing, 386p. Rbert, F. (1997) "A preliminary gelgical mdel fr syenite-assciated disseminated gld depsits in the Abitibi belt, Ontari and Quebec", Gelgical Survey f Canada, Current Research 1997-c, pp Rbert, F. (2001) "Syenite-assciated disseminated gld depsits in the Abitibi greenstne belt, Canada", Min. Depsita, v.36, pp Rbert, F., Brmmecker, R., Burne, B.T., Dbak, P.J., McEwan, C.J., Rwe, R.R., Zhu, X. (2007) "Mdels and explratin methds fr majr gld depsits types", Ore depsits and explratin technlgy, Prceedings f explratin 07, paper 48, pp Rdgers, N., Editr (2015) "TGI 4-Intrusin Related Mineralizatin Prject: New vectrs t buried prphyry-style mineralizatin"; GSC pen file 7843, 578p. Rwins, S. (2000) "A mdel fr genesis f reduced prphyry cpper-gld depsits", The Gangue, issue 67, pp1-7. Rwins, S. (2011) "The Trilus Au-Cu depsit: A defrmed Archean prphyry f the reduced variety", Abstract f presentatin, Ottawa GAC-MAC Sansfacn,R. & Hubert,C. (1990) "The Malartic gld district, Abitibi greenstne belt, Quebec: Gelgical setting, structure and timing f gld emplacement at Malartic Gldfields, Barnat, East-Malartic, Canadian-Malartic and Sladen mines", in CIM Special Vl.43, The Nrthwestern Quebec plymetallic belt, pp Sauve, P. & Makila, A. (1990) "Gelgy f the Camfl mine, Malartic, Quebec", in CIM Special Vl.43, The Nrthwestern Quebec plymetallic belt, pp Seedrf, E., Dillies, J.H., Prffett, J.M., Einaudi, M.T., and ai. (2005) "Prphyry depsits: Characteristics and rigin f hypgene features", in Ecn.Gel. 100th Ann.vl., pp

74 DIOSFYPLOR4TIO1V 2016K2 GEOLOGICfIL REPORT Sillite, R.H. (1973) "The tps and bttms f prphyry cpper depsits", Ecnmic Gelgy, v.68, pp Sillite, R.H. (1985) "Ore-related breccias in vlcan-plutnic arcs", Ecnmic Gelgy, v80, pp Sillite, R.H. (1994) "Ersin and cllapse f vlcanes: Causes f telescping in intrusincentered re depsits", Gelgy, v.22, n 10, pp Sillite, R.H. (1995) "Explratin and discvery f base and precius metal depsits in the circumpacific regin during the last 25 years", Metal mining agency f Japan, 127p. Sillite, R.H. (2000) "Gld-rich prphyry depsits: descriptive and genetic mdels and their rle in explratin and discvery", Review in ecnmic gelgy, v.13, pp Sillite, R.H. (2010) "Prphyry cpper systems", Ecn.Gel., v.105, pp Sim, R. & Kappes, D. (2014) "Mineral resurce evaluatin, Cffee Gld prject, Yukn, Canada", fr Kaminak Gld, 136p. Sinclair, W.D. (2010)"Prphyry depsits", GSC synthesis, 21p. Siris Resurces (2013) "Prjet Cheech: nuvelle décuverte d'r a la Baie James?", 31-slides presentatin, Snwden (2011) "Prdigy Gld inc: Mineral resurces estimate update, Magin gld prject, Sault Ste-Marie mining district, Ontari", NI technical reprt, 118p. Sutherland Brwn, A. ed. (1976) "Prphyry depsits f the Canadian Crdillera", CIM special vl.15, 510p. Tamas, C.G., Milesi, J.P. (2002) "Hydrvlcanic breccia pipes- General features and genetic criteria- I. Phreatmagmatic breccias", Studia Univ. Babes-Balyai, Gel. XLVII, 1, pp Tamas, C.G., Milesi, J.P. (2003) "Hydrvlcanic breccia pipes- General features and genetic criteria- Il. Phreatic breccias", Studia Univ. Babes-Balyai, Gel. XLVII, 1, pp Tmkins, A.G., Pattissn, D.R., Zaleski, E. (2004) "The Heml gld depsit, Ontari: an example f melting and mbilizatin f a precius metal-sulfsalt assemblage during Amphiblite fades metamrphism and defrmatin", Ecn. Gel., v.99, pp Tmkins, A.G., Weinberg, R.F., McFarlane, C.R.M. (2008) "Preferential magma extractin frm K and metal-enriched surce regins in the crust", Min.Depsita, v.44, pp Tmkins, A.G. (2010) "Windws f metamrphic sulphur liberatin in the crust: implicatins fr gld genesis", Gechimica et Csmchimica Acta., v.74, pp

75 1JIOSEXPLOR,4TION 2016A2 GEOLOGICIL REPORT Tsdal, R.M. (2011) "Thught n the prphyry ptential beneath lithcap at Kuruga", Fr Avala Resurces, 17-slides presentatin. Tsdal, R.M., Dilles, J.H., Cke, D.R. (2009) "Frm surce t sinks in auriferus magmatichydrthermal prphyry and epithermal depsits", Elements, vl.5, pp Trelawney Mining (2012) "Technical reprt n the Cté Lake resurce update, Chester prperty, Ontari, Canada", NI technical reprt, 144p. Veillette, J.J. (1995) "New evidence fr nrthwestward glacial ice flw, James Bay regin, Quebec", in GSC, Current Research, 1995-C, pp Verduz, B., Fairhead, J.D. & Green, C.M. (2004) "New insights int magnetic derivatives fr structural mapping"; The Leading Edge, v.23, pp Vincent, J.S. (1989) "Le Quaternaire du sud-est du Buclier Canadien", in Le Quaternaire du Canada et du Grenland, Chap.3, R.J.Fultn (ed), GSC, V.1, pp Virginia Mines (2012)"Wabamisk prject-fall 2012", 66-slides presentatin. Wilkinsn, J.J. (2013)"Triggers fr the frmatin f prphyry re depsits in magmatic arcs", Nature Gescience, v.6; pp Witt, W.K. & Hammnd, D.P. (2008)"Archean gld mineralizatin in an intrusin-related gechemically zned district-scale alteratin system in the Carsue Basin, Western Australia"; Ecn. Gel., v.103, pp Witt, W.K., Masn, D.R. & Hammnd, D.P. (2009)"Archean Krari gld depsit, Eastern Gldfields Prvince, Western Australia: a mnznite-assciated disseminated gld depsit"; Austr. Jurnal f Earth Sci., v.56, pp Wd, D. (2010)"Discvery challenges with deeper re bdies", SEG, 74-slides presentatin. 71

76 OM i i MI SIMI IIIIII t MIN MIN MIN IIIII OMB NM I ~ Annex 1: DIOS K2 Claim List (01/05/2016) NTS Sheet Title N. Rw Clumn Surface (Ha) Type Status Registratin Date Expiratin Date Excess ($) Required Wrking Capital ($) Rights ($) SNRC 33C ,77 CDC Active : : ,75 138,24 SNRC 33C ,77 CDC Active : : ,75 138,24 SNRC 33C ,77 CDC Active : : ,75 138,24 SNRC 33C ,77 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : :59 467,29 292,5 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,76 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,75 138,24 SNRC 33C ,75 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,5 138,24 SNRC 33C ,74 CDC Active : : ,75 138,24 SNRC 33C ,74 CDC Active : : ,75 138,24 72

77 NIB r NM all INIS NM MI MN r MN NM MO SE MI MI IN Surface NTS Sheet Title N. Rw Clumn (Ha) Excess Type Status Registratin Date Expiratin Date ($) Required Wrking Capital ($) SNRC 33C ,73 CDC Active : : ,5 138,24 SNRC 33C ,73 CDC Active : : ,5 138,24 SNRC 33C ,73 CDC Active : : ,75 138,24 SNRC 33C ,73 CDC Active : : ,75 138,24 Rights ($) 73

78 ! i> i> i!! UN NB MM i MI NB NO fi Annex 2: Dis K2 Gelgical Cdes Rck Types Minerals Structures AM Amphible DC Diaclase Intrusive ANK Ankerite DY Dyke I1B Granite BO Bitite FA Fault I1C Grandirite QZ Quartz FO Fliatin 11D Tnalite PG Plagiclase FR Fracture 11 QP Felsic Quartz Prphyry FK Ptassic Feldspar SC Schistsity 11F Aplite TL Turmaline SH Shear 121 Quartz Dirite VN Vein I2J Dirite Alteratin QZVN Quartz Vein 13 Mafic AB Albite I3A Gabbr BO Bitite Texture 13B Diabase CB Carbnate FG Fine Grained QP Quartz Prphyry Fe-CB Irn Carbnate MG Medium Grained QFP Quartz-Feldspar Prphyry CL Chlrite CG Carse Grained EP Epidte HJ Hmgeneus Vlcanic HM Hematizatin HK Hetergeneus V1 Felsic FK Ptassic Feldspar PO Prphyritic V1 B Rhylite SI Silica MA Massive V1C Rhydacite SR Sericite BR Breccia V1 D Dacite V2 Intermediate Mineralizatin mm millimetric V2J Andesite PY Pyrite cm centimetric V3 Mafic PO Pyrrhtite dm decimetric V3B Basalt CPY Chalcpyrite m metric T1 Felsic Tuff MC Malachite T2 Intermediate Tuff MG Magnetite MAG Magnetic T(*)L Lapilli Tuff HM Hematite weak T(*)C Crystal Tuff HS Specularite + mderate MO Mlybdenite ++ strng S8 Schist SP Sphalerite S9 Irn Frmatin GL Galena S9D Silicate Irn Frmatin ASPY Arsenpyrite S10 Chert 74

79 Annex 3: K Wrk & Claims 305, , , , , ,000 N -~- 0 ~ ~1~ DIOS v EXPLORATION K2 Gld Prject 2014 Sample X 2014 Outcrp - Gelgical Traverse - K2 Prperty c ET Claims Dis Explratin rn 0-4n m n u, 0 1 Km b UTM NAD 83 Zne 18 33C04-05 Authr: Carl) Desrmeaux P.Ge, Jr. Eng. Date:

80 Annex 4: K Outcrp Lcatin , g K2 Gld Prject ô n N r(1 HD-K D-K HD-K HD-K CD-K EG-K CD-K D-K ` ~ CD-K `r CD-K CD-K Ib N _..... N N CD-K ' D-K n CD-K CD-K CD-K ô X 2 Outcrp a) Gelgical Traverse K2 Prperty HD X L..~ Andesite.111 Mafic Vlcanics O EG-K2-1 tri HD-K FA ~ Gabbr ~vrn I)-K ~ Irn Frmatins n H D-K r~ ") HD-K T ~ Tnalite c t n HD-K x HD-K EG-K X fr` ô rn n Gelgy Felsic VlcanicslTuff INN Quartz Prphyry Tnalite-Grandirite 0 0,5 Km a UTM NAD 83 Zne 18 O 0 - g 33C04-05 m m Authr: n r- Carll Desrmeaux P.Ge, Jr. Eng. ~ `n Date: ' b00 76

81 1111 NIB INV MI OM ND NIB MIN OM NM Annex 5: K Outcrp Descriptins Easting Nrthing Outcrp Sample N. Lithlgy Minerals Mineralizatin Alteratin Magnetism UTM Nad 83 UTM Nad 83 CD-K T1 tr-1%py,cpy SI Weak CD-K V1B trpy BO, CL N CD-K I1D 70%PG,20%QZ,B010% N CD-K I1D 70%PG,20%QZ,B010% N CD-K I1D 70%PG,20%QZ,B010% MAG CD-K I1D 70%PG,20%QZ,B010% CL N CD-K V1B N CD-K D 70%PG,20%QZ,B010% N CD-K I1D 70%PG,20%QZ,B010% N CD-K I1D/13A 70%PG,20%QZ,B010% SI,CL N CD-K D 70%PG,20%QZ, B010% N HD-K V1D 1-2%PY SI+, ANK+ MAG- HD-K V1D 1-2% PY SI+, ANK+ MAG- HD-K I1D 1-2%PY SI+ MAG- HD-K I1D 2-5%PY, Tr CPY SI+, SR+ MAG- HD-K I1D 1-4%PY SI+ MAG- HD-K D TR-2%PY SI+, SR+ MAG- HD-K I1D 1-2%CPY BO-,SI+ MAG- HD-K D MAG- HD-K I1D 1`)/0 PY S I+ MAG- HD-K I1D TR-4%PY SI+ MAG- HD-K I1D TRPY-PO SI+ MAG- HD-K V1D TRPY-PO, TR-1 %CPY SI+ MAG- HD-K V1D 5-10% PY SI+ MAG- HD-K V1D EG-K D 67%PG, 25%QZ, 5%B0 3%PY BO- EG-K D 70%PG, 25%0Z, 5%130 3%PY S1+ EG-K %PG, 20%QZ, 3%BO 1%PY, 2%CPY SI+, SR- MAG 77

82 UM NMI en en '! Outcrp Structure_1 Structure _2 Cmments CD-K SC QZVN 0 86 Hrizn 30cm x 3.0m rusty injecté d'une wine de QZ-CPY-PY (5-10cm largeur) frtement défrmée discrdante à la stratigraphie et recupée par la schistsité principale CD-K % veinules BO-CL CD-K FO FR I1D/121? Avec grains de QZPO 1-2mm CD-K FR QZVN CD-K DC DC Fractures magnétiques CD-K FO FR CD-K Cntact I1 D CD-K DC DC CD-K FR CD-K FA 146 QZVN Faille 10-20m injectée d'un dyke de gabbr CL, brdure schisteuse 2-3m injectée de QZVN ruillée défrmée, Brèche hydrthermale de 10x15m sur le flanc Est CD-K QZVN HD-K FR 245 V1D, FRACTURES N245 SI+ AK+, 1-2% PY SAMPLE HD-K FR V1D, FRACTURES N24868 SI+ AK+, 1-2% PY SAMPLE HD-K FO D, 3-5% BO, F=23075, ZONE 1-5M X30M, SAMPLE HD-K FO D, 3-5% BO, F=23075, ZONE 1-5M X 30M, SAMPLE , VIEUX FLAG HD-K D, ZONE SI CM LARGE A N28570, 1-4% PY, SAMPLE HD-K Shear I1D FRACTURES, SHEAR 1M LARGE SR+ Sl+ A N31070 TR-2%PY, 5% VQZ SAMPLE HD-K D, ZONE X5M A 23268; 1-2% CPY-MAL DISS; SAMPLE HD-K HD-K I3ADY D FRACTURES, EPONTE 1M LARGE Sl+ DYKE MAFIC A N %PY, 5% VQZ SAMPLE HD-K FR D FRACTURES N24060 S1+, SR+,15-50CM LARGE TR-4%PY, SAMPLE HD-K FO D FOLIE A N24472 SUR 0.3-1M EPAIS TR-1%CPY, TR-PO-PY, SAMPLE HD-K FO V1D FOLIE A N M EPAIS; TR-1%CPY, TR-PO-PY; SAMPLE HD-K FO V1D FOLIE A N M EPAIS; 5-10%PY; SAMPLE HD-K FR DC EG-K FO FR Mince niveau ruillé dans une tnalite. Minéralisatin avec 3% de pyrite cubique sur une épaisseur de 5 cm. Faible bititisatin. EG-K Shear FR Zne silicifiée mdérément défrmée de 10 cm d'épaisseur, lessivé et injectée de veinules de quartz rientée à 300/87. Réseau de fractures hématisé injecté de quartz. L'affleurement cntient 5% de fractures. EG-K I3ADY Tnalite altérée, faiblement séricitisée u chlritisée et silicifiée par endrit, en brdure d'un dyke/filn de gabbr. Zne d'altératin sur 10 à 40cm d'épaisseur rientée à 310/90. 2 à 7% sulfures (20%cpy-80%p). La pyrrhtite et la chalcpyrite se retruvent en amas u disséminés, alrs que la pyrite est disséminée. Les sulfures snt assciés à la silicificatin. 78

83 Annex 6: K Sample Lcatin In t~a 307, , , , ,000 h 0) ~ X r g6g~p a1~ ~ , ~ 0 a> ~~ry Dis v EXPLORATION 2014 Sample X 2014 Outcrp Gelgy K2 Gld Prject Gelgical Traverse K2 Prperty Felsic Vlcanics/Tuff Andesite cmei Mafic Vlcanics -rs I= Gabbr gm Irn Frmatins Tnalite ô -In h rn r- In Quartz Prphyry Tnalite-Grandirite 0 0,5 Km UTM NAD 83 Zne 18 g 33C04-05 Authr: 6- Carll Desrmeaux P.Ge, Jr. Eng. Date:

84 Er NM NM NM an rr! IS UM NS NM Annex 7: K Sample Descriptins Sample Outcrp Easting Nrthing UTM Nad 83 UTM Nad 83 Lithlgy Minerals Alteratin Mineralizatin Magnetism CD-K QZVN PY,1-5%CPY,trMC CD-K T1 SI tr-1%py,tr-2%cpy CD-K V1B BO, CL CD-K I1D FK+,EP+,ÇL CD-K I1D CD-K D FK,EP+ trmg MAG CD-K I1D BO, CL 1-2%PY N CD-K I1D 2-3%PY N CD-K QZVN CD-K V1B trpy CD-K I1D CD-K I1 D SI CD-K QZVN ANK trcpy CD-K QZVN SI trpy CD-K QZVN SI+,CL trcpy BLANK HD-K V1D SI+,ANK+ 1-2%PY MAG HD-K V1D SI+,ANK+ 1-2% PY MAG HD-K I1D SI+ 1-2%PY,trCPY MAG HD-K I1D SI+,SR+ 2-5%PY MAG HD-K D S I+ 1-4% PY MAG HD-K I1D SI+,SR+ TR-2%PY MAG HD-K I1D B0-,S1+ 1-2%CPY, trmc MAG HD-K I1D SI+ 1% PY MAG HD-K I1D S I+ TR-4%PY MAG HD-K I1D SI+ TRPY-PO,TR-1 %CPY MAG HD-K V1D SI+ TRPY-PO, TR-1%CPY MAG HD-K V1D SI+ 5-10% PY, TR-1 %CPY MAG BLANK Blc %PG, 20%QZ, 10%BO BO 4%PY,1 %CPY-trMC EG-K D 70%PG, 25%QZ, 5%BO BO- 3%PY MAG EG-K D 57%PG, 40%QZ S1+ 3%PY EG-K SI+ 50%PG, 40%QZ, 3%BO SI+,SR- 1%PY,2%CPY MAG- 80

85 IMO MINI NM OM MIN in all 1Ni IAN MINI NIB MI NM MI Sample Structure_1 Structure _2 Cmments QZVN 0 86 QZVN rusty (5-10cm) frtement défrmée N000/ T1 tr-1%py avec QZVN rusty (1-2cm) cntenant tr-2%cpy FR FR % veinules BO-CL Shear Brdure d'un shear 10cm EP+, FK FR Fracture N175/75 ruillée FR FR Zne fracturée 0,3x1,0m magnétique FR Zne fracturée 0,4x1,5m, Fractures PY-BO-CL 220/ FO Zne rusty 1x2m, fliatin plus intense QZVN 0 88 QZVN rusty N000/88 (10cm largeur) recupe fliatin I1D Hrizn ruillé 10cm épaisseur près du cntact I1D FR FR FR Zne fracturée 2-3m épaisseur injectée de QZVN 1-3cm N074/ QZVN QZVN 330/85 en brdure de faille QZVN rusty 20cm dans une brèche hydrthermale de 10x15m QZVN QZVN (5cm largeur) 260/70, I1D épnte trcpy, CL+, SI BLANK FR 245 V1D, FRACTURES N245 Sl+ AK+, 1-2% PY SAMPLE FR V1D, FRACTURES N24868 SI+ AK+, 1-2% PY SAMPLE FO I1D, 3-5% BO, F=23075, ZONE 1-5M X30M, SAMPLE FO I1D, 3-5% BO, F=23075, ZONE 1-5M X30M, SAMPLE , VIEUX FLAG FO I1D, ZONE SI CM LARGE A N28570, 1-4% PY, SAMPLE Shear I1D FRACTURES, SHEAR 1M LARGE SR+ Sl+ A N31070 TR-2%PY, 5% VQZ SAMPLE FO I1D, ZONE X5M A 23268; 1-2% CPY-MAL DISS; SAMPLE FR I1D FRACTURES, EPONTE 1M LARGE SI+ DYKE MAFIC A N %PY, 5% VQZ SAMPLE FR I1D FRACTURES N24060 SI+, SR+,15-50CM LARGE TR-4%PY, SAMPLE FO I1D FOLIE A N24472 SUR 0.3-1M EPAIS TR-1%CPY, TR-PO-PY, SAMPLE FO V1D FOLIE A N M EPAIS; TR-1%CPY, TR-PO-PY; SAMPLE FO V1D FOLIE A N M EPAIS; 5-10%PY; TR-1%CPY; SAMPLE BLANK Blcs sub-en-place envirn 60cm x 40cm, bititisatin faible à mdérée, sulfures assciés aux niveaux riche en bitite, placage de malachite Mince niveau ruillé dans une tnalite. Minéralisatin avec 3% de pyrite cubique sur une épaisseur de 5 cm QZVN Zne silicifiée de 10 cm d'épaisseur, lessivé et injectée de veinules de quartz rientée à 300/ FR Dirite quartzifère altérée, faiblement séricitisée u chlritisée et silicifiée par endrit, en brdure d'un dyke/filn de gabbr. Zne d'altératin sur 10 à 40cm d'épaisseur rientée à 310/90. 2 à 7% sulfures (20%cpy-80%p). La pyrrhtite et la chalcpyrite se retruvent en amas u disséminés, alrs que la pyrite est disséminée. Les sulfures snt assciés à la silicificatin. 81