Prospecting Report on the Dynasty Jade Claims Claims 519762, 520237, 520336 Mining Division - Liard NTS or BCGS location 104J080 Latitude and longitude of geographic centre of work 58.78 N 130.08 W Owner of claims Dynasty Jade Ltd. Operator (Dynasty Jade Ltd) Author of report Gary Critchley Date the report submitted
TABLE OF CONTENTS General geographic and physiographic position of the claims...- 1 - Index Map...- 1 - Property definition...- 2 - History of Property...- 2 - Brief Economic Assessment...- 2 - Summary of Work Done...- 2-1. Prospecting...- 2-2. Technical data and interpretation...- 3-3. Author s and staff qualifications...- 3 - Maps...- 4-1. Map Provincial...- 4-2. Map Dease Lake...- 5-3. Map 1:50,000 Scale Claims...- 6-4. Map: Google Earth...- 7-5. Photos: Placer Boulders...- 8-6. Photos: Pit...- 10 - ITEMIZED COST STATEMENT...- 11 -
General geographic and physiographic position of the claims The claims are located on the north east side of Dease Lake. Access to the claims is via an old overgrown road starting at Highway 37 at the north end of Dease Lake, about 10 kilo-meters north of the town of Dease Lake. Index Map Exploration area Dease Lake - 1 -
Property definition Dynasty Jade Ltd. is the current owner of the tenures. It is a small development and mining company established for the purpose of mining jade. The major shareholder at this time is Gary Critchley. The Operator is Dynasty Jade Ltd. under the supervision of Steve Simonovic, with the help of Gary and Devon Critchley. Dynasty Jade Ltd. is the current owner of the tenures. It is a small development and mining company established for the purpose of mining jade. Empress Jade 1 519762 Empress Jade 2 520037 Empress Jade 3 520336 History of Property Over the last many years there have been small mining operations, and exploration groups have worked the area. No extensive development has occurred, although an extensive trail system and test pits had resulted. Discoveries in the past had been small findings of placer, and exposed low grade jade. Brief Economic Assessment Early Economic Assessment indicates that more physical exploration for the purpose of locating drill sites followed by a drill program is necessary. Sampling of exposed jade is also a must. Summary of Work Done 1. Prospecting During the period of exploration from June 24 to August 23, 2006, crews of one, two, three and four individuals explored most of the creeks on the claims, following up local stories of exposed jade boulders. The two major creeks explored were Saw Mill Creek and Dorthy Creek. The terrain was not easy. It was steep, slippery and filled with lush undergrowth. The path was often blocked by tree blow down. Alluvial boulders were found. The examination of land around old trails had rediscovered lens of in-situ nephrite that had been exposed but left un-mined - 2 -
2. Technical data and interpretation The objection of the exploration program was to determine the likely hood of establishing a placer or hard rock jade mining operation. Preliminary investigation, has discovered, that quantities of low grade, in-situ nephrite jade was evident. The up-trust of exposed jade is surrounded by serpentine and fractured with asbestos. The jade was badly splintered, and was bluish green in color. Cobbles of jade found were of low quality, fractured, and very difficult to mine. A drill program will be necessary to define the direction, quality and depth. No economic assessment can be made until further exploration is completed. 3. Author s and staff qualifications Gary Critchley 1997-2006 Senior Accountant - Thompson Creek Mining Exploration, Jade Cutting - Jade City / King Mountain / Princess Jade Mines 02-06 President (owner) of Dynasty Jade Steve Simonovic since 1974 Exploration and Jade Mining Devon Critchley 2002-2006 Exploration, Jade Cutting - Jade City / King Mountain Jade / Princess Jade Mines Core Splitting, Survey Work - Thompson Creek Mining Core Splitting, Sample Preparation Leward Capital Justin Bunns 1999-2006 Exploration, Jade Cutting - Jade City / King Mountain Jade / Princess Jade Mines - 3 -
Maps 1. Map Provincial Empress Jade 1,2,3 Map Center: 53.9634N 126.1595W - 4 -
2. Map Dease Lake 104J.098 104J.099 104J.100 104I.091 104I.092 104I.093 104I.094 04J.086 104J.087 104J.088 104J.089 104J.090 104I.081 104I.082 104I.083 104I.084 4J.076 104J.077 104J.078 104J.079 104J.080 104I.071 104I.072 104I.073 104I.074 4J.066 104J.067 104J.068 104J.069 104J.070 104I.061 104I.062 104I.063 104I.064 J.056 J.046 104J.057 104J.058 104J.059 104J.060 104I.051 104I.052 104I.053 104I.054 104J.047 104J.048 104J.049 104J.050 104I.041 Dease Lake 104I.042 104I.043 104I.044 104J.037 104J.038 104J.039 104J.040 Map Center: 58.6342N 130.0483W 104I.031 104I.032 104I.033 104I.034-5 -
3. Map 1:50,000 Scale Claims 104J.090 519762 104J.080 520336 520237 Map Center: 58.7828N 130.0798W - 6 -
4. Map: Google Earth - 7 -
5. Photos: Placer Boulders Picture 1 Picture 2-8 -
Picture 3 Picture 4-9 -
6. Photos: Pit - 10 -
ITEMIZED COST STATEMENT Jun 24 - July 2 Gary Critchley $2,160 Initial Field Work - Sampling and Claim study Jul 22 - Jul 23 Gary Critchley 330 Checking on findings of serpentine, asbestos Devon Critchley 220 Rita Hayes 60 Aug 4 Steve Simonovic 240 Site inspection - sampling Devon Critchley 160 Aug 5 - Aug 6 Gary Critchley 240 Follow leads on boulder findings and sample taking Rita Hayes 160 Aug 20 - Aug 23 Steve Simonovic 900 prospecting, opening road for saw access Devon Critchley 900 Justin Bunns 900 Robin Bunns 900 $7,170 Food Allowance 1,620 36 man days @ $45 per day Travel 1,758 20% of expenses $10,548-11 -