GEOPHYSICAL SURVEY REPORT ON THE

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1 GEOPHYSICAL SURVEY REPORT ON THE HOLLOWAY--37 HOLLOWAY TOWNSHIP LARDER LAKE MINING DIVISION DISTRICT OF COCHRANE, ONTARIO FOR TIGER GOLD EXPLORATION CORPORATION NOVEMBER 5, 2004 MI'SS V/ENDY K. WELLER GEOTECH 32D05NE HOLLOWAY 010

2 TABLE OF CONTENTS SUMMARY i) INTRODUCTION '... l GENERAL GEOLOGY....1,2 INSTRUMENTATION , 3 PRESENTATION AND DISCUSSION OF RESULTS , 4 OBSERVATIONS AND CONCLUSIONS LIST OF CLAIMS ASSESSMENT DATA FORM TECHNICAL DATA BIBLIOGRAPHY CERTIFICATE MAPS, FIGURES AND TABLES CLAIM LOCATION MAP - FIGURE la) l a) LOCATION MAP - FIGURE Ib) l b) GROUND VLF-EM SURVEY - MAP NO. H vlf IN BACK POCKET GROUND MAGNETOMETER SURVEY - MAP NO. 837/2004/^ IN BACK POCKET

3 SUMMARY i) This report is a Geophysical Survey, as required by the Ministry of Northern Development and Mines for assessment work purposes. The report includes an introduction to the property, general geology, field results and conclusions and recommenda tions based on the field survey. Technical data is provided on the Assessment Data Form found at the back of this report. Field data is compiled on the accompanying plan maps in the back of this report.

4 GEOPHYSICAL SURVEY REPORT ON THE HOLLOWAY 37 HOLLOWAY TOWNSHIP LARDER LAKE MINING DIVISION DISTRICT OF COCHRANE, ONTARIO INTRODUCTION The claim group consists of six (6) blocks contiguous unpatented mining claims located in the uth central part of Holloway Township. Access to the property is via the Harker-Holloway access road and a secondary mining road which goes parallel to the Harker-Elliott boundary, 1,300 feet north in Harker Township, to the Harker-Holloway Township line.(see Figure la) and Ib). Ownership of the claims has been attested to by Tiger Gold Explora tion Corporation, 103 Government Road East, Kirkland Lake, Ontario, and was not independently ascertained by the writer. Picket line 000 from the new north/uth grid in the autumn of 2003 was used for the baseline in this small 50 meter detail grid. The remaining section of this grid will be completed after freeze-up. Picket lines were cut at 50 meters intervals perpendicular to me baseline, stations were established at 25 meters along the lines. The line cutting was performed by Mr. Alain Pariscoat and crew. The surveys were performed by Hiss Wendy K. Weller. GENERAL GEOLOGY : The O.D.M. Annual Report, being VOL. LXII, Part 7, 1953; titled Geology of the North Half of Holloway Township by J. Satterly only covers the north part of the township and does not describe at all any part pf the uth half in which the property occurs. From the report, only a general description can be made of the geology and related topographical features. The underlying bedrock is Precambrian, and is composed of magnesium rich and iron rich tholeiitic basalts and tholeiitic andesite. These rocks are dark green black to grey green flows. The trend of these flows appear to be northeast-uthwest. These lava flows are part of a large area of volcanism known as

5 l W i N Cu

6 -l b M^WiO ^ * f.-. - *. \\ ^ i- j*.. J^^-r-.^-^^ ^-ccrrr n^ 'u:: - : ir l ^ - -l T-^~-.'^lL^. i i i i i \ i i _ Miles 10 Location Map O Figure Ib

7 -2- the Abitibi Greenstone Belt. This belt is part of a large east trending synclinorium. This synclinorium occurs between two major fault structures, the Destor-Porcupine Fault occurring on the northern edge and the Larder Lake Fault on the Southern Boundary. The area of the claim group occurs on the north side of the con tact between the Kinojevis Group and the Blake River Group. These rock types are volcanic cycles of komatiitic lavas, tholeiitic super groups of the synclinorium. INSTRUMENTATION Magnetometer Survey: This system uses a backward motion of spinning protons of a hydrogen atom within fluid of hydrogen and carbon. These spinning magnetic protons are caused to have two opposite poles by applying a magnetic fluid using a current within a coil of wire. This frequency of precision is proportional to the earth's total magnetic field. This instrument is read directly in gammas which is the ablute value of the earth's total field for that station. The diurnal variation was monitored by closing each loop at any se condary check station, at a grid line, baseline intersection. Diurnal cor rections were applied by linear distribution of any observed variation over the time between base station. Electromagnetic Survey: The VLF-EM method uses as a urce, several of the main submarine communications transmitters in the 15 to 25 khz band found throughout the world. The submarine comminication radio waves travel in a single mode parallel to the surfaces of the earth along the earth-air interace. VLF instruments are capable of picking up any structures that change the direction of the waves by measuring the tilt angle being zero on flat ground, but when a conductor is present, the tilt angle will acquire a finite value. The direction of tilt indicates the direction of the conductor. Calculations of such parameters as depth, depth extent, dip and width of the conductors is very minimal. The VLF easily illustrates the location of the upper limit of dipping structures which can be seen or plotted as VLF profiles as areas of greatest change in tilt angle per unit of distance.

8 -3- The instrument used for this survey was a Geonics EM-16 Unit. The sensitivity of this unit is 15S for the inphase and ^ for the qua drature. The operating frequency for the EM-16 from khz and the station is made by plug-in units. Further information on the VLF and the magnetometer can be found in the back of this report on the Technical Data and Assessment forms. PRESENTATION AND DISCUSSION OF RESULTS i) Magnetometer Survey The field data is presented on Map No. HSLX20027mag at a scale of.1:50,000 found in the back pocket of this report. The magnetic data is illustrated as imagnetic con tours, contour intervals 100 gammas, on a map of corrected magne tic values recorded at each station. The Magnetic relief ranges from 57,863 gammas to 60,496 gammas (difference of 2,633 gammas). The magnetic trend is in a north to northeast direction. Over three quarters of the new detail grid a large high magnetic oand crosses the property. In the north/east section of the new grid a large overburdened outcrop is covered. The magne tic relief is at it's highest over this outcrop, which indicates it is iron-rich tholeiitic lava. The H&L Groups are located in the Kenojevis Group. The high magnetic bands are wide bands of iron-rich tholeiitic lava. i i) Electromagnetic Survey: The field data is presented on Map No. 37/2004/vlf at a scale of 1:50000 meters, found at the back of this report. survey. There are two distinctive contacts found in this CI - Crosses PL200E 125S to PL650E 075S. The area is a slope of glacial back wash to the uth edge of the large overburdened outcrop. The quadrature is positive.

9 -4- C2 - Crosses PL300E 985S to PLOOO 940N. The topography of the area ranges from wet thick spruce bogg to open timbered bogg. This contact may be water related. The quadrature is positive. OBSERVATIONS AND CONCLUSIONS Due to the depth of overburden in the area of the new grid, the EM response is poor to weak. At the present time the grid is being extended over the new claims, Respectfully submitted, November 5, 2004 Miss Wendy K. Weller Geotech

10 -5- WORK PERFORMED ON THE FOLLOWING CLAIMS HOLLOWAY TOWNSHIP L Units

11 -6- Assessment Data Form Type of Work: Prospecting:... PhyslCQh LINE CUTTING AND Ch'AINING Geolpglcal'... Geophysical. ELECTROMAGNETIC (l STATION^AND^MAGNETOMETERjyRVEYS Geochemical: Drilling:..., Assays/Analyses;.,..., Other Cost of Worki.sio? 235.op... Dollars Applied: sio.235.oo Recorded Holder: PJ?.R.oj^gL.^^? Survey Company: Survey/Re p or t 'inormaion;. Start of work:. OCJOBER.L 2.0.0^... End of wo r k :. OCTOBER Draughting time-..gctobe.r.i5,;^2na4. Report' lime:.. OCT NOV.. 5, Completion of report -.NOVEMBER^,, 2004 Au t hor :...?ij.sj J./ Work performed on claim(s)...,..... L Work applied to L , L , L , L , L , L , L Perns who performed work (supervir first):... TIGER GOLD EXPLORATION CORPORATION WENOY K. WELLER ALAIN PARISCOAT AND CR5W JOHN E. PERRON

12 Technical Data-. Line (mi/km):...1/;.?.4...!?!... Line traversed No. of samples/stations...!7.?... Line/picket spacing... ELECTROMAGNETIC SURVEY: Instrument: GEONICS EM Accuracy.. "". r...^.,. S HORIZONTAL..,.. INFINITY Coil configuration:...,... Coil separation: :. 1 Vertical scale:.. 1..]??..!.;...??.!... Horizontal scale-...u 5.99?9. Frequency; 24 - G KK ' Station-.. CUTLER,.MAINE..^ '' MAGNETIC SURVEY: Base station:.!1.? Diurnal mcihod:3. 0.sJ.0..LC:0.?. TL.J 0 TL Base station h'me:.eye5.y.60..^wijti5... Location /value:..5.l.???... Contour intervah.jpo.ga.mmas... Dafumn sub!ractcd:...l^0.?.0.. G.A'TAS Contoured b:..?!^.^0.!.*:.^.^?... Horizontal scale:..j.;? Opera l ion a l.technique :...S.?.^.CE?..POLE.HpUNJ. INDUCED POLARIZATION SURVEY' Transmitter used;... Receiver used:... Me l hod:... Frequency:... On l i m c; R c. n i] o :... Off timg.1... Delay lime:... Power urce:... Output 1... Electrode array:...i Electrode spacing^. Readings taken:... Other data:... Operational technique

13 -b- BIBLIOGRAPHY Ontario Geological Survey Miscellaneous Paper 123 Geology and Petrogenesis of the Archean Abitibi Belt in the Kirkland Lake Area, Ontario J. S. Jensen and F.F. Langford 1985 Sixty Second Annual Report of the Ontario Department of Mines ; Vol. LX11, Part VII, 1953 Geology of the North Half of Holloway Township J. Satterly Geophysical Survey Report on the H&L Group - Holloway Township Larder Lake Mining Division District of Cochrane, Ontario November 19, Miss Wendy K. WEller, Geotech Geophysical Survey Report on the H&L GROUP - HOLLOWAY TOWNSHIP Larder Lake Mining Division District of Cochrane, Ontario November 17, 2000, By Miss Wendy K. Weller Geophysical Survey Report on the H&L Group - Holloway Township Larder Lake Mining Division District of Cochrane, Ontario October 21, 2002, by Miss Wendy K. Weller, Geotech Geophysical Survey Report on the H&L Group - Holloway Township Larder Lake Mining Division District of Cochrane, Ontario November 14, by Miss Wendy K. Weller Geophysical Survey Report on the H&L Group - Holloway Township Larder Lake Mining Division District of Cochrane, Ontario November 21, 2002 by Miss Wendy K. Weller, Geotech Geophysical Survey Rpeort on the H&L Group HOLLOWAY TOWHSNIP Larder Lake Mining Division District of Cochrane, Ontario November 25, 2002, by Miss Wendy K. Weller, Geotech

14 -9- CERTIFICATE I, Wendy K. Weller, of Virginiatown, Ontario, do hereby certify: 1) That I am a Geotech and reside at: 17 Hilltop Crescent, Box 252, Virginiatown, Ontario POK IXO : 2) That I graduated from the Haileybury School of Mines as a certified Diamond Driller in I have had a staking license for the past 17 years. 3) That I was employed as a Diamond Driller for Heath and Sherwood for l year. 4) That I have been practising as a Geotech for a period of seventeen (17) years and I am qualified to write this report. 5) That I supervised and participated in this survey. Date ' Wej^y Geotech

15 ONTARIO Work Report Summary MINISTRY OF NORTHERN DEVELOPMENT AND MINES Transaction No: W Status: APPROVED Recording Date: 2004-NOV-15 Work Done from: 2004-OCT-01 Approval Date: 2004-NOV-26 to: 2004-OCT-19 Client(s): GWEN RESOURCES LTD THE PERRON GOLD CORPORATION TIGER GOLD EXPLORATION CORPORATION Survey Type(s): LC MAG VLF Work Report Details: Claim* L L L L L L L L Perform SO S10,235 Perform Approve S1 0,235 Applied S400 S400 S45 S ,000 S990 S3.200 SO Applied Approve S400 S400 S45 S3.200 S2.000 S990 S3.200 SO Assign 50 SO S Assign Approve ,235 Reserve SO Reserve Approve Due Date 2005-NOV NOV NOV NOV NOV NOV NOV JUL ,235 S1 0,235 S , , ,235 External Credits: SO Reserve: SO Reserve of Work Report*: W SO Total Remaining Status of claim is based on information currently on record. 32D05NE HOLLOWAY Dec-09 10:56 ARMSTRONG! Page 1 of 1

16 Ministry of Northern Development and Mines Date: 2004-DEC-03 Ministere du Developpement du Nord etdes Mines Ontario GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5 TIGER GOLD EXPLORATION CORPORATION 1595 GRIFFITHS PLACE KELOWNA, BRITISH COLUMBIA V1Z2T7 CANADA Tel: (888) Fax:(877) Dear Sir or Madam Submission Number: Transaction Number(s): W Subject: Approval of Assessment Work We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval. At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. If you have any question regarding this correspondence, please contact STEVEN BENETEAU by at or by phone at (705) Yours Sincerely, /P, Ron C. Gashinski Senior Manager, Mining Lands Section Cc: Resident Geologist Gwen Reurces Ltd. (Claim Holder) Wendy Kathleen Weller (Agent) Assessment File Library The Perron Gold Corporation (Claim Holder) Tiger Gold Exploration Corporation (Claim Holder) Tiger Gold Exploration Corporation (Assessment Office) Visit our website at Page: 1 Correspondence ID:20098

17 ONT/IRIO CANADA MINISTRY OF NORTHERN DtVELQPMENT AND MINES PROVINCIAL MINING RECORDER'S OFFICE Mining Land Tenure Map Date l Time of Issue: Thu Dec 23 09:23:25 EST 2004 TOWNSHIP 7 AREA PLAN HOLLOWAY ADMINISTRATIVE DISTRICTS 7 DIVISIONS Mining Division Land Titles/Registry Division Ministry of Natural Reurces District Larder Lake COCHRANE KIRKLAND LAKE TOPOGRAPHIC r i Administrative Boundaries! l Township Concession, Lot land Tenure Freehold Patent r^l [^"1 Surface Ami Mining Rights Surface Rights Onty HI Provincial Park nn Mining Rights Only Kl Indian Reserve Leasehold Patent i" ": aift, Pit S Pila ;' B l Surface And Mining Rights Contour nn Surface Rights Oily "?^4^-~(-xVI 4^- r A Mine Shafts Mine HeadframQ Railway Road Trail Natural Gas Pipeline nn Mining Rights Only Licence of Occupation nn Uses Not Specified j' t Surface And Mining Rights f*" j Surface Rights Only rn Mining Rights Only Utilities Tower [7i7 r^jh r^tj l-and Uw Permit Order In Council (Not open for staking) Water Power tease Agreement Mining Claim Filed Only Mining Claims i LAND TENURE WITHDRAWALS 1234 Areas Withdrawn from Disposition Mining Acts Withdrawal Types Wsm Surface And Mining Rtghti Withdrawn Ws Surface Rights Only Withdrawn Wm Mining Rights Only Withdrawn Order In Council Withdrawal Typos WD8m Suffec* Ana Mining Rights Wlfrtfrawn W08 SurfflM Rights Only Withdrawn Wnm Miring Rights Only Withdrawn j NB l IMPORTANT NOTICES l...] Scat* 1:58219 UTM Zone m grid Those wishing to stake mining daims should consult with the Provincial Mining Recorders' Office of the Ministry of Northern Development and Mines for additional General Information and Limitations This map may not chow unregistered land tenure and interests in inf ^i.definition pu^oae, a9 ^information contact Information: Toll Free Map Datum: NAD 83 land including certain patents, leases, easements, rtoht of ways, ah l Information may al be obtained through the Provincial Mining Recorders' Office Tel: 1 (888) ext 67Ms ectlon: UTM (6 degree) flooding rights, licences, or other forms of disposition of rights and loi mil li IIHI in HI mi mil in mi mi tin mil HUE tt mn ml Willet Green Miller Centre 933 Ramsay Lake Road Fax: 1 (877) Topographic Data Source: Land Information Ontario Interest from the Crown. Al certain land tenure and land uses Sudbury ON P3E 6B6 Mining Land Tenure Source: Provincial Mining Recorders' Office f"8' ""Wet or prohibit tree entry to stake mining claims may not be Illustrated. J l Illl II III li III III IIIIII! l: III IN lil IIII Illlt III II III': III II III II III II III II Hill Mill III l Illl rt dt""ml0adln9 *""*.MInl*y 8f "o*-*, Home Page: " ' ' ' 32D05NE HOLLOWAY 200

18 SYMBOLS Cloim post* Base station Claim line Creek O Imagnetic contours VLF Contours INSTRUMENTATIONS Instrument used McPhor GP8 Datumn subtracted 57000B GROUND MAGNETOMETER j-f DL.L-0 TOWNSHIP SCALE l'50000 Soo s f o l Report by WKW-eller to M O

19 SYMBOLS Claim post* Claimline-- Creek In phase --s- ^ ~7^- Quadrature y. ~ ^ '' VLF Contact INSTRUMENTATION Instrument used GEONICS EM 16 o Ul z. ts to O 3ROUND VLF-EM SURVEY SCALE ea -j /Op t p e Report by WK Weller (O to o

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