GEOLOGICAL BRANCH ASSESSMENT REPORT

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2 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 1 of 13 HOLE NO.FG-1 TWP Range Lot Claim No. FORGOLD-1 Coordinates Elevation 120 Core Size BQ Northing 27+. N Easting aa7.2 E Length (M) Bearing 090 Surface Dip -4 Depth Dip Azimuth Test Depth Dip Azimuth Test Started Finished Drilled by FALCON DRILLING Logged by I. C-DUNLOP Comments : ozt PPb PPm ppm CASING Trondhjerni te Medium to dark gr -'; fine-g Heterogeneous; fine-grained (< 1 mm) quartz crystals and u most likely biotite; uniform t Massive; several sections o infilling of pyroclastic mater fractures within the massive s i 1 d; nonmagnetic rusive with abundant very fine to -% fine mafic crystals - ture throughout strong brecciation with I ; occasional fine hairline tions Fractures: 4.7 m 60 degrees to core axis Alteration consists of weak to moderate silicification and weak bleaching; small zone of iron-stained fractures at start of hole Rare quartz and quartz-carbonate veinin Overall sulphide mineralization is (1% Yine-grained GEOLOGICAL BRANCH ASSESSMENT REPORT

3 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 2 of 13 HOLE No. FG-1 ozt PPb ppm PPm disseminated pyrite m: breccia zone with subangular fragments of host up to 2.0 to 3.0 cm in size; strong iron staining on fractures from 3.0 to 3.20 m m: breccia zone as above; weak to moderate chloritization of matrix.18 m: lower contact obscured by broken core but appears sharp.18 9 Intermediate lapilli tuff/slump breccia Black to light green to red; medium to coarse-grained; nonmagnetic Heterogeneous; abundant subrounded to subangul ar clasts and fragments up to 2.0 cm in size consisting primarily of quartz, feldspar and chert; scattered fine quartz and feldspar crystals, 1-2 mm in size, within a fine-grained matrix; no discernable bedding though cl asts often appear in patchy concentrations Moderate foliation; numerous sections brecciation with associated hematite and sericite alteration Foliation: 8.08 m 6 degrees to core axis Alteration consists of localized zones of hematite and alternatively sericite alteration; weak to moderate si 1 ici fication throughout; moderate to strong chl ori te/graphi te associated with fractures and narrow sheared sections Occasional quartz-carbonate veins and vein fragments up to 2.0 cm in width at 40 to 60 degrees to core axis Overall sulphide mineralization is I-2% very fine-grained disseminated pyrite FG-1

4 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 3 of 13 HOLE NO. FG-1 ozt PPb PPm PPm m: ALTERATION: moderate to strong sericitization and silicification; 2-3% very fine-grained disseminated and fracture controlled pyrite m: ALTERATION: strong brecciation of host with accompanying hematite alteration; section is highly chaotic with scattered irregular quartz-carbonate veins and vein fragments; 1-2% fine-grained disseminated and fracture controlled pyrite m: quartz-carbonate vein,.0 cm in width, at 60 degrees to core axis; white; weakly fractured; barren m: ALTERATION: weak to moderate sericitization and silicification; well foliated at 60 to 70 degrees to core axis; 2-3% fine-grained disseminated and fracture controlled pyrite; lower contact sharp at 6 degrees to core axis m: fine-grained trondhjemite as intersected between 3.0 and.18 m; lower contact sharp but obscured by broken core m: ALTERATION: moderate to strong pervasive serici tization and si 1 i ci f ication; abundant fine serici te-f i 11 ed fractures at all angles to the core axis; occasional narrow chlorite/graphite breccia zones, approximately 2-3 per meter, ranging in width from 2.0 to 4.0 cm; slight pinkish hue to clasts-and crystals 9 m: lower contact sharp at 70 degrees to core axis Intermediate lapilli tuff Black to dark grey; medium to coarse-grained; nonmagnetic Heterogeneous; abundant subrounded clasts up to 3.0 to 4.0 cm in diameter consisting primarily of quartz and grey chert; scattered fine quartz and feldspar grains in a fine-grained strongly chloritic matrix; no discernable bedding FG- 1

5 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLO SHEET 4 of 13 HOLE NO. FG-1 ozt PPb PPm ppm Moderate foliation; occasional sections of broken core and rare muddy fault gouge Foliation: 11.8 m 60 degrees to core axis Alteration consists of moderate to strong chlorite/graphite and local patchy sericite; minor iron staining present in areas of broken core Rare quartz and quartz-carbonate veining Overall sulphide mineralization is I-2% fine-grained disseminated pyrite - locally 2-3% within sericitic areas m: section of muddy fault gouge; extremely soft; contacts at approximately 60 degrees to core axis; no visible sulphides m: lower contact vague at 70 degrees to core axis Feldspar porphyry Light to medium lime green; fine to medium-grained porphyritic; nonmagnetic Homogeneous; abundant fine subhedral feldspar grains, 1- mm in size, occuring uniformly throughout a fine-grained sericitic groundmass; crystals show an alignment with the foliation and a slight decrease in percentage towards the downhole contact; euhedral crystals are rare Weak to moderate foliation as defined by the feldspar; numerous sections of fine hairline fracturing at all angles to the core axis Fol i ation: 1 m 0 degrees to core axis 8 degrees to core axis 2.91 m o FG-1

6 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET of 13 HOLE NO. FG-1 ozt PPb PPm PPm Alteration consists of strong sericitization and weak to moderate silicification (locally strong); occasional fine chlorite-filled fractures are present in the upper portion of the unit Abundant fine quartz-carbonate veinlets, fine fracture fillings and irregular masses at all angles to the core axis (majority at 30 to 60 degrees to core axis) Overall sulphide mineralization is highly variable but appears to average 3-% extremely fine-grained disseminated and fracture controlled pyrite - locally up to %; trace chalcopyrite may be present along the margins of some of the larger quartz veins m: ALTERATION: strona to intense sericitization and weak silicification m: MINERALIZATION: -7% very fine-grained disseminated and fracture controlled pyrite typically associated with veining and fine chloritic fractures m: irregular quartz-carbonate mass; white; weakly to moderately fractured; barren; abundant fine pyrite along margins m: irregular 4.0 cm quartz-carbonate vein at roughly 30 to 40 degrees to core axis; white; weakly fractured; barren m: ALTERATION: moderate to strong silicification; weak sericitization; crystal outlines slightly diffuse m: brecciated and sheared section; strong foliation and sharp contacts at 40 degrees to core axis; abundant fine graphitic (?) stringers and quartz-carbonate veinlets parallel to the foliation m: large irregular quartz-carbonate mass; white; FG-1

7 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 6 of 13 HOLE NO. FG-1 ozt PPb PPm ppm weakly to moderately fractured; numerous small angular inclusions of the host; barren m: ALTERATION: moderate si 1 ici fication; weak sericitization; slight pinkish hue to feldspar grains m:.0 cm quartz-carbonate vein at 60 degrees to core axis; white; abundant fine chorite/sericite f i 1 led fractures; barren m: 1.0 cm quartz-carbonate vein at degrees to core axis; white; moderately fractured; barren m: lower contact sharp at degrees to core axis Intermediate volcanic breccia/slump breccia Medium grey to red; fine to coarse-grained; nonmagnetic Heterogeneous; numerous angular to subrounded cl asts and fragments up to.0 cm in size consisting predominantly of quartz, feldspar, chert, volcanic and feldspar porphyry; finegrained weakly chloritic matrix with scattered fine quartz and feldspar crystals and crystal fragments, 1-3 mm in size; overall texture is highly chaotic with the size, percentage and type of fragments ranging considerably throughout the unit Weakly to moderately foliated with abundant fine hair1 ine fractures at all angles to the core axis a o Fol i at ion: 392 m 60 degrees to core axis Alteration consists of weak to strong hematization and weak pervasive silicification; occasional fine sericitic shears are present in the lower portion of the unit at 60 to 70 degrees to core axis Abundant fine quartz-carbonate veinlets and fine fracturefillings at all angles to the core axis; rare quartz veins up to FG- 1

8 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 7 F 13 HOLE NO. FG-1 ozt PPb PPm PPm 1.0 cm in width at 30 to 0 degrees to core axis Overall sulphide mineralization is 2-3% very fine-grained disseminated and fracture controlled pyrite - locally 3-% within the strongly hemati tic sections m: ALTERATION: weak to moderate hematization and weak silicification m: little or no alteration m: ALTERATION: weak to moderate hematization and weak silicification; minor sericitization of clasts also present m: weak pervasive hematization of clasts and fraqments; numerous irreqular quartz veins, up to 1.0 cm in width, at all angles to the core axis m: MINERALIZATION: strong to intense hematization of matrix with weak silicification; 3-% finegrained disseminated and fracture controlled pyrite; unit has distinct jasper-1 i ke appearance 432 feet: lower contact sharp at degrees to core axis Intermediate crystal/lapilli tuff Medium grey with slight red hue; fine to medium-grained; nonmagnetic Heterogeneous; abundant subhedral feldspar grains, 1- mm in size, occuring in patchy diffuse concentrations; occasional larger clasts up to.0 cm in size of similar composition; may be pyroclastic phase of feldspar porphyry unit intersected uphol e Massive to weakly foliated; scattered fine hairline fractures at all angles to the core axis Foliation: 3.34 m 60 degrees to core axis FG-1

9 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 8 of 13 HOLE NO. FG-I ozt PPb PPm ppm Alteration consists of moderate silicification and weak ervasive hematization, particularly of matrix and crystal g oundaries; moderate to strong silicification and sericitization present immediately above downhole contact Abundant fine quartz-carbonate veinlets and fine fracture-fillings at all angles to the core axis (majority 30 to 60 degrees) Overall sulphide mineralization is 2-3% very fine-grained disseminated and fracture controlled p) trite - locally 3-% m: ALTERATION: strong silicification; moderate patchy and fracture controlled sericitization; weak to nil hematization m: ALTERATION: strong silicification and bleaching; few textures visible; locally up to 3-% very fine-grained disseminated and fracture controlled pyrite m: fault gouge; dark grey; grit/mud composition; approximate contacts at 40 to 0 degrees to the core axis m: ALTERATION: zone of strong silicification and bleaching; 2.0 cm white/grey quartz vein at 40 degrees to core axis at downhole margin; 3-% fracture controlled pyrite m: large grey quartz vein at 0 to 60 degrees to core axis; strongly fractured with sericite and hematite infilling; 3-% fracture controlled pyrite m: lower contact sharp at degrees to core axis Intermediate crystal tuff Medium grey to green; fine to medium-grained; nonmagnetic Heterogeneous; scattered fine subhedral feldspar cyrstals, 1-3 mm in size, within a fine-grained weakly chloritic matrix; t FG-1

10 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLO SHEET 9 of 13 HOLE NO. FG-1 FROM TO DESCRIPTION SAMPLE FROM TO WIDTH Au Au A9 cu ozt PPb PPm ppm occasional sections of abundant fine mafic phenocrysts and a corresponding lack of feldspar; rare lithic fragments Massive to weakly foliated; local intervals of brecciation with quartz-carbonate infilling; minor sections of broken core; abundant fine hairline fractures at all angles to the core axis Foliation: 68.8 m 0 degrees to core axis m 0 degrees to core axis m 60 degrees to core axis 8.20 m 6 degrees to core axis m 6 degrees to core axis m degrees to core axis 134 m degrees to core axis m 60 degrees to core axis Alteration consists of weak pervasive silicification and local zones of weak to moderate hematization; several narrow zones of sericitization are present near the uphole contact Numerous fine quartz-carbonate veinlets and fracture-fillings at 30 to 60 degrees to core axis; strong quartz veining present within brecciated zones Overall sulphide mineralization is 2-3% very fine-grained disseminated and fracture controlled pyrite; occasionally appears as narrow bands, 1- mm in width, at 40 to 0 degrees to core axis; overall percentage increases to 3-% below 68 meters with scattered zones of chalcopyrite in: patchy sericitization and silicification - largely fracture controlled; abundant fine mafic phenocrysts and rare feldspar m: ALTERATION: moderate to strong sericitization; moderate hematization as fine fracture-fill ings; weak silicification ! t FG-1

11 GOLD FIELDS CANAD RN MINING, 1 d. PROPERTY ORGOLD SHEET of HOLE NO. FG-1 ozt PPb PPm PPm m: weak to moderate pervasive silicification and weak hematization along fractures and around grain boundary m: weakly broken core - >9% recovery m: weak to moderate pervasive silicification and weak hematization along fractures and vein margins m: scattered fine pyritic shears (2-3 per meter) at 40 to 60 degrees to core axis m: abundant fine mafic crystals up to mm in size scattered uniformly throughout the section; weak hematite appearing along fractures and around crystal margins; minor quartz-carbonate veining m: MINERALIZATION: moderate pervasive silicification; weak fracture controlled hematite; 3-% pyrite as fine stringers and disseminated grains m: zone of strong brecciation with quartzcarbonate infilling; no aprreciable increase in sulphide content m: ALTERATION: moderate hematization of matrix within weakly brecciated portion m: ALTERATION: weak to moderate hematization, pervasive and fracture controlled m: MINERALIZATION: weak seri ci t i zati on ; weak to nil silicification and hematite; -7% fine-grained disseminated and stringer pyrite; upper contact at 1 degrees to core axis, lower contact at 2 degrees to core axis m: scattered fine mafic crystals; rare feldspar; contacts vague m: MINERALIZATION: weak to moderate seri ci t i zati on ; numerous irregular quartz-carbonate-fel dspar veins at all angles to the core axis; abundant biotite/chlorite along vein margins; 7-% disseminated pyrite; 1-2% chalcopyrite; contacts of zone at 0 degrees to core axis m: MINERALIZATION: little or no alteration; occasional irregular quartz-carbonate veinlets at all angles oo FG- 1

12 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 11 of 13 HOLE NO. FG-1 ozt PPb PPm ppm to the core axis; -7% fine-grained disseminated pyrite m: ALTERATION: zone of patchy sericitization and bleachin at 30 to 40 degrees to core axis; abundant subhedral ma 9 ic crystals up to mm in size; rare quartzcarbonate veining m: ALTERATION: as above m: ALTERATION: zone of strong hematization, weak sericitization and abundant irregular quartz-carbonate veining at approximately 20 to 30 degrees to core axis; 3-% chalcopyrite and pyrite, disseminated and fracture controlled m: MINERALIZATION: little to no alteration; -1% pyrite as scattered grains and anhedral masses trending at approximately 20 to 30 degrees to core axis m 1.0 cm auartz-carbonate vein at dearees to core axis; whitelgrey; barren; minor grey fault gouge along downhole contact m: ALTERATION: weak fracture controlled and pervasive hematization; particularly strong - between 1422 and meters m: MINERALIZATION: -% disseminated and stringer pyrite; 1-2% chalcopyrite also present 14.9 m: lower contact sharp at 40 degrees to core axis Intermediate crystal/lapilli tuff Medium to dark grey; fine to coarse-grained; nonmagnetic Heterogeneous; abundant fine subhedral feldspar grains, 1- mm in size, within a fine-grained weakly chloritic matrix (rare euhedral crystals up to 1 cm); numerous subangular lithic fragments, up to 4.0 cm in size, consisting dominantly of mafic volcanic, feldspar porphyry, quartz and chert; overall texture is largely chaotic with both crystals and fragments occuring in c F6-1

13 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 12 of 13 HOLE NO. FG-1 FROM TO DESCRIPTION SAMPLE FROM TO WIDTH Au Au A9 cu ozt PPb PPm ppm patchy diffuse concentrations - no visible bedding; possible slump breccia Massive to weakly foliated; local zones of brecciation near whole contact: abundant fine hairline fractures at all anales - to the core axis Fol i ation: m 4 degrees to core axis Alteration consists of weak pervasive silicification and fracture control 1 ed serici tization Abundant fine quartz-carbonate veinlets and fine fracturefillings at 30 to 60 degrees to core axis Overall sulphide mineralization is 3-% fine-grained disseminated pyrite and minor chalcopyrite - locally up to 7- near the uphole contact m: MINERALIZATION: strongly brecciated zone with abundant lithic fragments up to 2.0 cm in size; weak sericitization; minor quartz veining; 7-% finely disseminated write; umer contact at 20 deqrees - to core axis, lower contact at 40 degrees to core axis m: MINERALIZATION: abundant angular mafic fragments up to 4.0 cm in size; rare feldspar; possible breccia; very weak sericitization and bleaching; -7% disseminated pyrite m: dominantly subrounded feldspar grains up to 4 mm in size; uniform distribution; weak hematization of grains; contacts sharp at degrees to core axis; possible intrusive in: 3.0 cm quartz-carbonate-sericite shear at 40 degrees to core axis; -7% fine-grained disseminated pyrite m:.0 cm quartz-carbonate-sericite-feldspar shear at 40 degrees to core axis; -7% disseminated and fracture controlled pyrite 0% FG-1

14 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLO SHEET 13 of 13 HOLE NO. FG-1 ozt PPb PPm PPm END OF HOLE in: 1.0 cm quartz-feldspar shear/vein at 20 degrees to core axis; 3- % disseminated and fracture controlled pyrite ihe hole was drilled to test the southern strike extent of a narrow chalcopyrite-rich zone intersected in drill core on the GOZ-RON property immediately to the north. Total number of core boxes is 29. Estimated overall core recovery is >99%. The entire hole was split with half the core being sent for analysis. The remainder is currently being stored on site on the Forgold preperty. The casing was left in the hole but not capped.

15 ~ ASSAY.-... IOG -. PROPERTY: FORGOLD HOLE NO.: FG-1 ** BORSURV ** Page 1 of 3 FROM , fl TO WIDTH Au-ozt Au-ppb Ag-ppm Cu-ppm Zn-ppm Pb-rp OOO 1.ooo ooo OOO OOO 91.ooo OOO _.._._

16 ** 8ORSURV ** ASSAY LOG PROPERTY: FORGOLD HOLE NO.: FG-1 Page 2 of 3 FROM c n7.02 TO WIDTH Au-ozt Au-ppb Ag-ppm Cu-ppm Zn-ppm OOO ooo f'b - /p

17 FROM A lc? TO WIDTH Au-ozt Au-ppb Ag-ppm Cu-ppm Zn-ppm ooo ooo 1.ooo 1.ooo I:h - P F,~

18 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 1 of 7 HOLE No.FG-2 TWP Northing 27. N Depth Dip Azimuth Test Depth Dip Azimuth Test Started Range Lot East i ng 3t88.9 E Finished Claim No. FORGOLD-1 Length (M) Drilled by FALCON DRILLING Coordinates Bearing 270 Logged by I. C-DUNLOP Elevation 1308 Surface DiD -60 Comments : - - Core Size BQ ozt PPb PPm PPm CASING Intermediate crystal/lap lli tuff Orange-brown to grey; fine to coarse-grained; nonmagnetic 018 Heterogeneous; abundant subhedral to euhedral feldspar 019 grains, 2- mm in size, within a fine-grained weakly 020 chloritic matrix; numerous very fine quartz and feldspar grains 021 and crystal fragments, 1-2 mm in size; scattered fine mafic 022 crystals; occasional subrounded lithic clasts up to cm in 023 size composed primarily of volcanic, feldspar porphyry and 024 chert; overall texture is highly chaotic but crystals and clasts do appear to occur in vague bedding concentrations; unit may in part be a slump breccia Massive to weakly foliated; weakly to moderately broken core due to angle of the hole relative to the bedrock surface; minor zones of brecciation with quartz-carbonate infill ing >lo >000 > Foliation: 72 m 0 degrees to core axis

19 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 2 of 7 HOLE NO. FG-2 FROM TO DESCRIPTION SAMPLE FROM TO WIDTH Au Au A9 cu ozt PPb PPm PPm Alteration consists of strong iron staining on fracture surfaces due to surface leaching, weak pervasive silicification and local patchy hematization; minor zones of sericitization are also present near the top of the hole Minor quartz and quartz-carbonate veining Overall sulphide mineralization is 1-2% fine-grained disseminated and stringer pyrite - locally up to 3-% pyrite and minor chalcopyrite within the sericitized sections m: moderately broken core with very minor qouqe >9% recovery overall m: MINERALIZATION: 6.0 cm sericite shear at 2 degrees to core axis; very friable and highly altered; strong vuggy quartz-carbonate veining; possible malachite; 3-% disseminated and stringer pyrite m: moderately broken core - >9% recovery 143 m: lower contact is gradational Intermediate crystal tuff Dark to medium grey (locally red); fine to medium-grained; nonmagnetic Heterogeneous; abundant subhedral feldspar grains, 1-8 mm in size, within a fine-grained chloritic matrix; scattered fine mafic crystals, 1-4 mm in size; rare lithic fragments and clasts; percentage of crystals varies throughout the unit and may represent vague bedding (?) Massive to weakly foliated; abundant fine hair1 ine fractures at 40 to 60 degrees to core axis; occasional narrow intervals of fracturing and brecciation with quartz-carbonate infill ing FG-2

20 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 3 of 7 HOLE NO. FG-2 ozt PPb ppm ppm Foliation: m degrees to core axis m 60 degrees to core axis Alteration consists of weak to moderate pervasive silicification and weak fracture controlled and patchy hematization; rare zones of sericitization Abundant fine quartz-carbonate veinlets and fine fracturefillings at all angles to the core axis (majority at 40 to 60 degrees to core axis) Overall sulphide mineralization is 1-2% very fine-grained disseminated and fracture controlled - locally 3-%; occasional bands of semi-massive chalcopyrite up to 1 cm in width at 30 degrees to core axis m: ALTERATION: moderate iron staining on fractures m: ALTERATION: moderate silicification and patchy and fracture controlled hematization; occasional highly silicified bands up to cm in width (appearance of grey chert) m: weak to moderate iron staining; weak sericitization; numerous irregular quartz-carbonate veinlets at 40 to 60 degrees to core axis; contacts gradational over 2.0 to 4.0 cm m: abundant subhedral to euhedral feldspar grains up to mm in size; uniform distribution; possible feldspar porphyry; contacts obscured by alteration m: irregular quartz-carbonate vein at 20 degrees to core axis; white/grey; moderate chlorite/biotite along margins accompanied by fracture controlled iron staining; 1-2% fine-grained disseminated pyrite m: ALTERATION: abundant subrounded feldspar grains; moderate to strong silicification; weak sericitization m: weak patchy and fracture controlled >lo > o o 1.o 1.o >000 >000 > < FG-2

21 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 4 of 7 HOLE NO. FG-2 ozt PPb PPm ppm hematization; weak to moderate silicification; abundant fine irregular quartz-carbonate veinlets at all angles to the core axis; 2-3% fine-qrained - disseminated and strinqer - pyrite.- (trace chalcopyrite) m: weak to moderate iron staining - of fractures and grain boundaries m: MINERALIZATION: zone of fracturing and brecciation with fine quartz-carbonate infill ing; moderate silicification; weak sericitization; strong iron staining on fractures; 3-% chalcopyrite and lesser pyrite as scattered grains and fracture controlled stringers; two wider zones of semi-massive chalcopyrite from 3-30 (0 degrees to core axis) and (30 degrees to core axis) - highly graphitic along margins of zones m: weak patchy iron staining m: ALTERATION: weak to moderate hematization as patches and fracture controlled stringers; weak silicification; minor iron staining on fractures; occasional zones or irregular quartz veining up to.0 to.0 cm in width with 1-2% finegrained disseminated pyrite m: weak to moderate pervasive iron staining; contacts of zone irregular m: ALTERATION: numerous zones of fracture control 1 ed hematization accompanied by moderate si 1 ici fication, bleaching and numerous fine irregular carbonate veinlets; 2-3% chalcopyrite and pyrite within altered sections m: ALTERATION: hematite zone as described above m: ALTERATION: moderate silicification; weak hematite/potassic a1 teration of crystal feet: lower contact is gradational FG-2

22 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET of 7 HOLE NO. FG-2 ozt PPb PPm ppm Intermediate crystal tuff (fine-grained) Dark to medium-grained grey; fine-grained; nonmagnetic Homogeneous; scattered fine white feldspar grains and crystal fragments, 1-3 mm in size, occuring within a weakly chloritic matrix; rare lithic fragments; no discernable bedding though percentage of crystals varies slightly throughout the unit; occasional sections of fine to medium-grained feldspar grains in the lower portion of the unit Massive; local zones of weak fracturing and brecciation with quartz-carbonate infilling Alteration consists of weak silicification and sericitization and numerous narrow zones of fracture controlled hematite - intensity of alteration, particularly the hematite, appears to increase towards the downhol e contact Abundant fine quartz-carbonate veinlets and fine fracturefillings at all angles to the core axis Overall sulphide mineralization is 2-3% disseminated and fracture controlled pyrite - locally 3-%; narrow zone of -20% chalcopyrite and minor pyrite between meters - visible gold observed in one small 4 mm quartz grain m: zone of strong irregular quartz-carbonate veining; white; minor dolomite; minor sericite along margins m: ALTERATION: strong pervasive hematization and and weak carbonatization; 1-2% fine-grained disseminated pyrite m: ALTERATION: as above; 2-3% fine-grained disseminated pyrite m: MINERALIZATION: 3-% disseminated and fracture controlled pyrite; locally -7% m: zone of strong irregular quartz-carbonate veining at 0 degrees to core axis; minor feldspar; highly contorted with sericite and chlorite along margins; 2-3% fine <l <l <l <l 3 < <l 3 1 FG-2

23 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 6 of 7 HOLE NO. FG-2 FROM TO DESCRIPTION SAMPLE FROM TO WIDTH Au Au Ail cu ozt PPb PPm ppm grained disseminated pyrite m: MINERALIZATION: strong fracturing and brecciation; abundant irre ular pink quartz-feldspar veins up to 2.0 cm in width at all ang 9 es to the core axis; weak silicification of host; 3-% fine-grained disseminated and fracture controlled pyrite - locally -7% m: strong feldspar veining m: ALTERATION: moderate to strong silicification; weak hematization of grain boundaries m: abundant subhedral feldspar grains with slight pink hue up to mm in size; contacts are gradational m: as above; local fracture controlled hematite m: as above m: ALTERATION: moderate to strong pervasive hematite; contacts at 70 degrees to core axis m: weaklv to moderatelv broken core with locii-sections of fault goige - >9% recivery overall m: weak sericitization and bleaching with scattered mafic crystals up to 2-3 mm in size; contacts sharp at 6 degrees to core axis m: abundant subhedral felds ar grains with slight pinkish hue up to mm in size - rare! y euhedral; 2-3% fine-grained fracture controlled pyrite m: MINERALIZATION: moderate to strong sericitization, silicification and hematitic/potassic alteration giving section distinct mottled appearance; moderate fracturing and brecciation of host; abundant irregular quartz-feldspar veins up to 4.0 cm in width, at all angles to the core axis; 3-% fracture controlled and disseminated pyrite and lesser chalcopyrite m: MINERALIZATION: strong brecciation of host with -20% chalcopyrite and % pyrite as scattered blebs, fine grains and fracture controlled stringers; abundant hematite >I >loo n tl <l > FG-2

24 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 7 of 7 HOLE NO. FG-2 ozt PPb PPm PPm along upper and lower contacts; fine visible gold present in one small 4 mm quartz grain; contacts of zone at 60 degrees to the core axis m: ALTERATION: strong silicification and bleaching; minor veining; interval has strong buff colour m: ALTERATION: strong hematization and si 1 ici fication; minor fine quartz-carbonate fi 11 ed fractures m: ALTERATION: as between meters m: as between meters with lesser veining and 2-3% pyrite END OF HOLE The hole was drilled to test for the southern strike extent of a chalcopyrite-rich zone intersected in drill core on the GOZ-RDN property located immediately to the north. The hole had to be stopped at meters when the rods became jammed. Total number of core boxes is 24. Estimated overall core recovery is 98%. The entire hole was split with half the core being sent for analysis. The remainder is currently being stored on site at the Forgold property. The casing was left in the hole but was not capped.

25 ASSAY LOG PROPERTY: FORGOLD HOLE NO.: FG-2 ** BORSURV ** Page 1 of 3 FROM TO WIDTH Au-ozt Fb- ppm OOO NIL NIL ooo ooo ooo OOO ooo ooo 61.OOO

26 ** BORSURV ** ASSAY LOG PROPERTY: FORGOLD HOLE NO.: FG-2 Page 2 of 3 FROM TO WIDTH Au-ozt OOO OOO ooo , ,

27 ASSAY LOG PROPERTY: FORGOLD HOLE NO.: FG-2 ** BORSURV ** Page 3 of 3 FROM TO WIDTH Au- _ozt Au-.PPb OOO Ag_.PW Cu-ppm Znmm Ph - ppta

28 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 1 of 18 HOLE No.FG-3 TWP Northing 27t23 N Depth Dip Azimuth Test Depth Dip Azimuth Test Started Range Lot East i ng 4t21.3 E Finished Claim No. FORGOLD-] Length (M) Drilled by FALCON DRILLING Coordinates Bearing 270 Logged by 1.C-DUNLOP Elevation 1320 Surface Dip - Comments : Core Size BQ ozt PPb PPm ppm CASING Intermediate crystal tuff Orange-brown to medium grey;.... e to medium-grained; 126.~ nonmagnetic Heterogeneous; abundant subhedral feldspar grains, 1-8 mm in size, within a weakly chloritic matrix; rare angular lithic fragments up to 2.0 cm consisting primarily of volcanic, chert/jasper and quartz; no discernable bedding; overall texture is slightly chaotic but for the most part the primary features are obscured by strong iron staining and broken core Massive to very weakly foliated; occasional zones of fracturing and brecciation with quartz-carbonate infilling; weakly to moderately broken core due to angle of hole relative to bedrock surface Foliation: 1 m 6 degrees to core axis

29 GOLD FIELDS CANADIAN MINING, 1 d. PROPERTY FORGOLD SHEET 2 f 8 HOLE NO. FG-3 ozt PPb PPm PPm Alteration consists of moderate to strong pervasive and fracture controlled iron staining, weak silicification and local weak hematization of fractures and grain boundaries Minor quartz and quartz-carbonate veining; percentage increases towards the downhole contact Overall sulphide mineralization is 1-2% pyrite and chalcopyrite as scattered grains and fracture controlled stringers within the brecciated intervals - locally 2-3% m: ALTERATION: strong pervasive iron staining; moderately broken core - >9% recovery; few textures visible m: scattered iron stained fractures; minor quartz and quartz-carbonate veining; - 2-3% fine-grained - pyrite.. and chalcopyrite m: ALTERATION: strong pervasive iron staining; abundant irregular quartz-carbonate veinlets at all angles to the core axis; numerous fine sericite-filled fractures where not obscured by iron staining; weak patchy hematization; several minor zones of fine mafic crystals (altered magnetite?); 1-2% fine-grained chalco yrite and pyrite m:? arge grey quartz vein at 40 degrees to core axis; local carbonate; weakly fractured with fine hematite infilling; 1-2% fracture controlled pyrite m: ALTERATION: moderately silicified; local section with weak sericite and slight pinkish hue in: lower contact is gradational over 2.0 to 4.0 cm Intermediate tuff/tuff breccia Light to medium grey; fine to coarse-grained; nonmagnetic Heterogeneous; scattered fine white feldspar grains, 1-4 mm >lo FG-3

30 GOLD FIELDS CANADIAN MINING, Ltd. PROPERTY FORGOLD SHEET 3 of 18 HOLE NO. FG-3 ozt PPb PPm PPm in size, in patchy diffuse concentrations; fine-grained chlorite/sericite matrix; rare lithic clasts and fragments; overall texture is highly chaotic Massive; strongly brecciated throughout with infilling of quartz-carbonate veining and locally fine-grained hematite (black) Alteration consists of weak to moderate patchy sericitizati and silicification and local fracture controlled hematite Abundant quartz and quartz-carbonate veins up to 4.0 cm in width at all angles to the core axis - often appear highly contorted and folded Overall sulphide mineralization is 2-3% fine-grained disseminated and fracture controlled pyrite and lesser chalcopyrite - locally up to % within fragments in strongly brecci ated section m: MINERALIZATION: intensely brecciated with angular fragments of host up to 3.0 cm in size; strong silicification; moderate fracture controlled hematite; strong irregular quartz-carbonate veining; 3-% pyrite and minor chalcopyrite as fine grains and fracture controlled stringers; section from 169 to 167 m, bounded by quartz veins at 40 degrees to core axis, displays a dominant fine-grained hematite matrix and sericite/sulphide fragments (-% py) m: ALTERATION: zone of strong silicification and moderate sericitization; scattered angular jasper fragments up to mm in size; contacts at 4 degrees to core axis m: ALTERATION: moderate to strong sericitization; moderate silicification; numerous irregular carbonate and quartz-carbonate veins at 40 to 60 degrees to core axis m: ALTERATION: moderate sericitization and silicification; strong irregular quartz-carbonate veining with _ <; FG-3