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1 Ministry of Energy, Mines & Petroleum Resources Mining & Minerals Division BC Geological Survey Assessment Report Title Page and Summary TYPE OF REPORT [type of survey(s)]: Airborne Magnetic Survey TOTAL COST: 13,337. AUTHOR(S): Walcott, A., Walcott, P. SIGNATURE(S): digital NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): September th3rd YEAR OF WORK: 17 STATEMENT OF WORK CASH PAYMENTS EVENT NUMBER(S)/DATE(S): 6661 PROPERTY NAME: Buck CLAIM NAME(S) (on which the work was done): 171, , COMMODITIES SOUGHT: Gold, Copper MINERAL INVENTORY MINFILE NUMBER(S), IF KNOWN: 93L9 MINING DIVISION: Omineca NTS/BCGS: 93L/1,,7,8 LATITUDE: o ' " o 18 LONGITUDE: ' " (at centre of work) OWNER(S): 1) Richard Billingsley ) MAILING ADDRESS: A St Surrey, B.C. OPERATOR(S) [who paid for the work]: 1) ) MAILING ADDRESS: PROPERTY GEOLOGY KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude): Buck Creek Volcanic, Jurassic, Bulkley Plutonic, breccia,, gold, silver, copper,hazelton Group, Skeena Group REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS: 199,33176,36 Next Page

2 TYPE OF WORK IN THIS REPORT EXTENT OF WORK (IN METRIC UNITS) ON WHICH CLAIMS PROJECT COSTS APPORTIONED (incl. support) GEOLOGICAL (scale, area) Ground, mapping Photo interpretation GEOPHYSICAL (linekilometres) Ground Magnetic Electromagnetic Induced Polarization Radiometric Seismic Other Airborne Magnetic 1km 13,337. GEOCHEMICAL (number of samples analysed for...) Soil Silt Rock Other DRILLING (total metres; number of holes, size) Core Noncore RELATED TECHNICAL Sampling/assaying Petrographic Mineralographic Metallurgic PROSPECTING (scale, area) PREPARATORY / PHYSICAL Line/grid (kilometres) Topographic/Photogrammetric (scale, area) Legal surveys (scale, area) Road, local access (kilometres)/trail Trench (metres) Underground dev. (metres) Other TOTAL COST: 13,337.

3 EVENT #6661 AN ASSESSMENT REPORT ON AIRBORNE MAGNETIC SURVEYING BUCK PROPERTY HOUSTON AREA, BRITISH COLUMBIA OMINECA M.D. 18 N, W NTS 93L/1,,7,8 Claims: 171, , Work Dates: September th 3 rd, 17 FOR RICHARD BILLINGSLEY SURREY, BRITISH COLUMBIA BY PETER E. WALCOTT, P. Eng. ALEX WALCOTT, B. Sc. PETER E. WALCOTT & ASSOCIATES LIMITED Coquitlam, British Columbia March 18

4 TABLE OF CONTENTS Page INTRODUCTION.. 3 PROPERTY, LOCATION AND ACCESS... PREVIOUS WORK.. 7 REGIONAL & PROPERTY GEOLOGY PURPOSE.. 13 SURVEY SPECIFICATIONS... 1 DATA PROCESSING AND PRESENTATION DISCUSSION OF RESULTS 17 SUMMARY, CONCLUSIONS & RECOMMENDATIONS APPENDIX I Cost of Project Personnel Employed on Survey Certification References ACCOMPANYING MAPS Claim Location Map Scale 1:1, Contours of Total Field Intensity (nt) Scale 1: 1, Contours of Calculated Vertical Derivative Scale 1: 1, Contours of MVI Amplitude 1m, 8m, 6m, m, m Scale 1: 1, 17 Heliborne Magnetic Survey

5 3 INTRODUCTION. Between September th and 3 rd, 17, undertook a heliborne magnetic survey over portions of the Buck property for Richard Billingsley. The survey consisted of 1 line kilometers of airborne magnetics flown with a nominal line spacing of 1 meters on eastwest orientated lines, and with northsouth tie lines spaced with a nominal line spacing of 1 meters. 17 Heliborne Magnetic Survey

6 PROPERTY LOCATION AND ACCESS The Buck property is situated in the Omineca Mining Division in northeastern British Columbia. The property is some 1 kilometres south of the community of Houston, British Columbia. Access to the core of the property is obtained from Houston via the Buck Flats road and then by a network of resources roads within the property. Property Location Map 17 Heliborne Magnetic Survey

7 PROPERTY LOCATION AND ACCESS Property Location Map 17 Heliborne Magnetic Survey

8 6 PROPERTY LOCATION AND ACCESS cont d. Claim Location Map With Minfile Occurences 17 Heliborne Magnetic Survey

9 7 PREVIOUS WORK. The Buck Property and surrounding areas has been the subject of numerous hard rock and placer exploration campaigns over the past 1 years. Well documented exploration programs conducted over the property have consisted of prospecting, geological mapping, geochemical samples, geophysics, and diamond drilling. A summary table is provided below (After Andrezejewski et al., 1). The most recent program on the property was carried out by Quartz Mountain Resources Ltd., who conducted airborne magnetics, reconnaissance and grid scale IP, along with soil geochemistry on select targets. 17 Heliborne Magnetic Survey

10 8 PREVIOUS WORK cont d 17 Heliborne Magnetic Survey

11 9 PREVIOUS WORK cont d 17 Heliborne Magnetic Survey

12 1 PREVIOUS WORK cont d. The author would refer the reader to the BC Ministry of Energy and Mines Assessment Report Indexing System (ARIS) for the historic public reports. 17 Heliborne Magnetic Survey

13 11 REGIONAL & PROPERTY GEOLOGY The Buck property is located within the Stikine Terraine, and is situated on the Nechako Plateau in northeastern British Columbia. The property is underlain by Lower Jurassic volcanic arc assemblages overlain by Upper Cretaceous to Tertiary volcanism associated with a large resurgent collapsed caldera referred to as the Buck Creek Volcanic complex or basin. Intrusive rocks are primarily Late Cretaceous to Eocene in age. Mineralization at Bob Creek (93L 9) is associated with a quartzfeldspar porphyry dyke/breccia swarm belonging to the Late Cretaceous Bulkley Plutonic Suite. (After Andrezejewski et al., 1). The author would refer the reader to the BC Ministry of Energy and Mines Assessment Report Indexing System (ARIS) for the historic public reports. 17 Heliborne Magnetic Survey

14 1 REGIONAL & PROPERTY GEOLOGY cont d Regional Geology & Minfile Occurrences 17 Heliborne Magnetic Survey

15 13 PURPOSE. The purpose of the survey was to obtain high resolution airborne magnetic coverage over the core the Buck creek property and to expand the existing m line spaced coverage to the east in an effort to develop new exploration targets. 17 Heliborne Magnetic Survey

16 1 SURVEY SPECIFICATIONS. The Airborne Magnetic Survey. The airborne magnetic survey was conducted using a bird type system towed on a 6 line by a ASTAR BA (GSKJ) operated by Silver King Helicopters Ltd of Smithers, British Columbia. The bird unit consists of three main components C8 Cesium Magnetometer manufactured by Geometrics San Jose, California, AR3 Laser Range Finder manufactured by Acuity of Portland, Oregon and a 19x GPS manufactured by Garmin International Inc. of Kansas City, Kansas. The C8 Cesium Magnetometer is a highly sensitive magnetic sensor capable of providing sensitivity up to.1 nt and sampling rates up to 1 Hz. On this survey a sampling rate of 1 Hz was employed. The respective components were in turn connected to the helicopter via a shielded multiconductor cable within the tow line for power and data transmission to the logging units on the helicopter. Flight line navigation data was obtained using Hemisphere R33 GNSS receiver with a 1 Hz update rate. Data logging and navigation were carried out utilizing Geometrics MagLogPro software on a Panasonic CF19 Toughbook computer with a secondary 7 daylight viewable pilot navigation monitor. In addition to the airborne unit the survey also utilized two GSM 19 overhauser magnetometer manufactured by GEM Instruments of Richmond Hill, Ontario as base magnetometers. These instruments measure variations in the total intensity of the earth s magnetic field to an accuracy of plus or minus one nanotesla. 17 Heliborne Magnetic Survey

17 1 SURVEY SPECIFICATIONS cont d The survey coverage consisted of some 31 eastwest orientated flight lines and orthogonal tie lines. The survey was carried out with a mean bird height of some 8 meters. Survey Area # of Lines # of Tie Lines Total Distance Buck 31 1 km Flight Lines draped in Google Earth 17 Heliborne Magnetic Survey

18 16 DATA PROCESSING AND PRESENTATION. The data was first exported from MagLogPro, where the various sensor inputs were merged into Geosoft compatible ascii files. This merged dataset was then loaded into Geosoft Oasis Montaj for data reduction and processing. The data was first corrected for diurnal magnetic drift, utilizing the magnetic base stations. The data was then lag corrected to account for positioning errors due to instrument delay and other positional errors. Tie line levelling was then undertaken prior to gridding. Gridding was then undertaken on the levelled line data utilizing Geosoft s Rangrid algorithm using a 17. meter cell size. The reduced and leveled data set was then subject to several filtering techniques using the Geosoft MagMap module for evaluation and presentation. The magnetic data for each of the respective blocks presented in this report is Contours of Total Magnetic Intensity, and Contours Calculated First Vertical Derivative. 17 Heliborne Magnetic Survey

19 17 DISCUSSION OF RESULTS. The results of the detailed airborne magnetic survey carried out over the Buck property yielded several results of potential interest. The eastern portion of the survey block show an overall elevated magnetic response. This response is likely associated with the younger Buck Creek Formation volcanic cover. It was hoped during the planning of the survey that shallow discrete features would be discovered. While the majority of the anomalous featured within this area appear to be associated with topographic relief, one large magnetic low (mla) is apparent within the northeast region of the survey. This large semicircular feature which remains open to the north does not appear to be associated with any topographical relief, and maybe of interest. Total Field Intensity (nt) 17 Heliborne Magnetic Survey

20 18 DISCUSSION OF RESULTS cont d. To the west of the contact, a subtler magnetic fabric can be observed. Several features of interest can be observed within the modelled magnetic response. Some of which correspond with areas of significant mineralization. Anomaly mma is associated with eastern portion of the main Buck zone. A weak response can be observed within the modelling MVI Amplitude. This anomaly appears to extend to depth, suggesting a deep routed source. 3D View of MVI Model Amplitude 8 meter Elevation View looking NE Immediately to the west of anomaly mma is anomaly mmb. This weakly magnetic plug like anomaly appears to be coincident with the western zone of gold mineralization. 17 Heliborne Magnetic Survey

21 19 DISCUSSION OF RESULTS cont d. EW View of MVI Model Amplitude Cut through main zone As one progresses deeper in model space, both anomaly mma and mmb appear to coalesce, and at the meter level the model shows a distinct northeasterly orientation. This orientation is of interest as is also corresponds to a resistivity trend observed within a previously completed geophysical review. Several drill holes within this trend also intercepted highly anomalous gold mineralization outside of the main zone. Anomaly mmc is situated some 1.6 kilometers to the north of anomalies mma and mmb. This plug like features show a discrete near surface expression. This anomaly is also associated with a moderate chargeability and moderate resistivity high as observed within a 1 induced polarization survey Line 1N. This magnetic anomaly appears to migrate to the east and increase in size merging with a large magnetic feature at depth. A northeasterly trend can also be observed within this feature. 17 Heliborne Magnetic Survey

22 DISCUSSION OF RESULTS cont d. 3D View of MVI Model Amplitude mma meter Elevation View looking SW D Inverted Sections Line 1N Anomaly mmc 17 Heliborne Magnetic Survey

23 1 DISCUSSION OF RESULTS cont d. 3D View of MVI Model Amplitude mma & mmc meter Elevation View looking NE 3D View of MVI Model Amplitude mma & mmc meter Elevation View looking NE 17 Heliborne Magnetic Survey

24 SUMMARY, CONCLUSIONS & RECOMMENDATIONS. Between September th and 3 rd, 17, undertook a high resolution airborne magnetic survey over Richard Billingsley s. Buck property, located in the Houston area of British Columbia. The survey was conducted using eastwest flight lines with a nominal spacing of some 1 meters and northsouth orientated tie lines with a nominal spacing of some 1 meters. In total some 1 linekilometers of airborne magnetics was completed. The survey identified several targets of potential interest which should be followed up. Anomaly mma is a deep magnetic trend proximal to know mineralization. The zone extends beyond the current drilling extents and should be evaluated. A modern deep sensing induced polarization survey should be considered within this area. Anomaly mmc is a discrete plug like feature associated with a deeper historic chargeability anomaly. Additional lines of induced polarization should be undertaken with lines extending further to the east, to test above the large magnetic feature at depth. Modern geochemical techniques should also be considered over both target areas. Prior to commencement of a ground program, a detailed compilation should be undertaken with the results being reviewed by an experienced geologist. Respectfully submitted, PETER E. WALCOTT & ASSOCIATES LTD. Alexander Walcott Geophysicist Peter E. Walcott, P.Eng. Geophysicist Coquitlam, B.C. March Heliborne Magnetic Survey

25 3 APPENDIX I 17 Heliborne Magnetic Survey

26 COST OF PROJECT. undertook the survey on a per kilometers basis of $6. per line kilometers for a total of $1,7.. Mobilization which were split with another project of $1,11.. Reporting and 3D inversion of $1. was also incurred. Thus, the total cost of services provided was $13, Heliborne Magnetic Survey

27 PERSONNEL EMPLOYED. Name Occupation Address Dates Peter E. Walcott Geophysicist Unit Fawcett Rd. Coquitlam, B.C. V3K 6V Alexander Walcott Pierre Bernier " " Sept st 3 rd, 17 Pilot Silver King Helicopters. 17 Heliborne Magnetic Survey

28 6 CERTIFICATION. I, Peter E. Walcott, of 6 Rutland Court, Coquitlam, British Columbia, hereby certify that: 1. I am a graduate of the University of Toronto in 196 with a B.A.Sc. in Engineering Physics, Geophysics Option.. I have been practicing my profession for the last fifty two years. 3. I am a member of the Association of Professional Engineers of British Columbia and Ontario.. I hold no interest, direct or indirect, in the property, nor do I expect to receive any. Peter E.Walcott, P.Eng. Coquitlam, B.C. March Heliborne Magnetic Survey

29 7 CERTIFICATION. I, Alexander Walcott, of Ravine Dr., Port Moody, British Columbia, hereby certify that: 1. I am a graduate of the University of Alberta with a B.Sc. Earth Sciences Major, with a Physics Minor.. I have been active in mineral exploration for the past years. 3. I am currently employed by Peter E. Walcott & Associated Limited. Alexander Walcott, B.Sc. Coquitlam, B.C. March Heliborne Magnetic Survey

30 8 REFERENCES. Lebel, J.L.. Geophysical Assessment Report Induced Polarization Survey, Bob Creek Property, 1989, BC Assessment Report 199 Lloyd, J. A Geophysical Report on an Induced Polarization Survey On The Buck Property, Omineca Mining Division, Near Houston, British Columbia, Rebagliati, C. Mark., Assessment Report of Geochemical and Geophysical Work on the Buck Property, 1, BC Assessment Report Wright, J.. Bob Creek Property, Magnetometer and Induded Polarization Surveys, 198, BC Assessment Report 17 Heliborne Magnetic Survey

31 Scale 1: (meters) NAD83 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CLAIM AND LOCATION MAP BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED

32 nt Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF TOTAL FIELD INTENSITY (nt) BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED 6 T1 E T13 E T1 E L1 N L1 N L N 6 L3 N L N L N L N 6 L6 N L6 N 6 6 L7 N L7 N 6 L8 N L8 N 7 L9 N L9 N L1 N 7 7 L11 N 6 L1 N L1 N L13 N L13 N 6 L1 N L1 N L1 N 6 L13 N L13 N L1 N L1 N 7 6 L16 N L16 N L17 N 7 T11 E T L1 N L18 N L18 N 6 L17 N L19 N L19 N 6 L N L1 N L1 N L N L N L N L3 N L3 N L N L N 6 L N L N L6 N L6 N 6 6 L7 N L7 N T1 E T1 E L N 61 L3 N L N 61 L1 N L11 N BG1 BG BG D D D6 D1 D D L8 N L8 N L9 N L9 N L3 N L3 N 6 6 L31 N L31 N

33 nt/m Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF 1st VERTICAL DERIVATIVE OF TMI BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED 6 T1 E T13 E T1 E L1 N L1 N 8 L N L3 N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E L N 61 L3 N 6 L N L1 N L11 N BG1 BG BG D D D6 D1 8 8 D D L8 N L8 N L9 N L9 N L3 N L3 N L31 N L31 N

34 MVI Amplitude Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF MVI AMPLITUDE 1 m Elevation BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED T1 E T13 E T1 E L1 N L1 N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L1 N L11 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L1 N L1 N L1 N L13 N L13 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N BG1 BG BG3 88 L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E D D D1 D6 D 83 L8 N L8 N 891 D L9 N L9 N L3 N L3 N 838 L31 N L31 N

35 MVI Amplitude Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF MVI AMPLITUDE 8 m Elevation BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED T1 E T13 E T1 E L1 N L1 N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L1 N L11 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L1 N L1 N L1 N L13 N L13 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N BG1 BG BG3 88 L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E D D D1 D6 D 83 L8 N L8 N 891 D L9 N L9 N L3 N L3 N 838 L31 N L31 N

36 MVI Amplitude Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF MVI AMPLITUDE 6 m Elevation BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED T1 E T13 E T1 E L1 N L1 N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L1 N L11 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L1 N L1 N L1 N L13 N L13 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N BG1 BG BG3 88 L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E D D D1 D6 D 83 L8 N L8 N 891 D L9 N L9 N L3 N L3 N 838 L31 N L31 N

37 MVI Amplitude Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF MVI AMPLITUDE m Elevation BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED T1 E T13 E T1 E L1 N L1 N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L1 N L11 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L1 N L1 N L1 N L13 N L13 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N BG1 BG BG3 88 L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E D D D1 D6 D 83 L8 N L8 N 891 D L9 N L9 N L3 N L3 N 838 L31 N L31 N

38 MVI Amplitude Scale 1:1 6 (meters) WGS 8 / UTM zone 9N RICHARD BILLINGSLEY AIRBORNE MAGNETIC SURVEY CONTOURS OF MVI AMPLITUDE m Elevation BUCK PROJECT HOUSTON AREA, BRITISH COLUMBIA SEPTEMBER 17 PETER E. WALCOTT & ASSOCIATES LIMITED T1 E T13 E T1 E L1 N L1 N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N L8 N L8 N L9 N L9 N L1 N L1 N L11 N L11 N L1 N L1 N L13 N L13 N L1 N L1 N L1 N L1 N L1 N L1 N L13 N L13 N L16 N L16 N L17 N T11 E T L18 N L18 N L17 N L19 N L19 N L N L1 N L1 N BG1 BG BG3 88 L N L N L N L3 N L3 N L N L N L N L N L6 N L6 N L7 N L7 N T1 E T1 E D D D1 D6 D 83 L8 N L8 N 891 D L9 N L9 N L3 N L3 N 838 L31 N L31 N

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