GEOCHEMICAL AND PROSPECTING REPORT. RC ly 2,3,4 CLAIMS

p- ON GEOLOGlCAL SURVEY BRANCH ASSESSMENT REPORTS - DATE RECFl'dFD AFR 0 1 19% GEOCHEMICAL AND PROSPECTING REPORT THE RC ly 2,3,4 CLAIMS IARD MINING DIVISION BRIT1 S H COLUMBIA 94E/EI W LATITUDE 57" 48' 43N LONGITUDE 7" 46' 04W FOR AGC AMERICAS GOLD CORP 7730-999 West Hustings Street Vancouver, BC V6C 2W2 By: Robert G. Krause, B.Sc. Geologist February 23, 1996

TABLE OF CONTENTS Introduction Location & Access Property Physiography History Regional Geology Property Geology Geochemistry Conclusion & Recommendations Statement of Costs Certificate: R.G. Krause, B.Sc. Geologist APPENDIX I: APPENDIX II: Geochemical Sheets: Eco Tech Laboratories Rock Description & Assay Sheets FIGURES Property Location Claim Map >Soil Geochem Au Soil Geochem Cu Soil Geochem Ag, Zn Rock Sample Location Figure I Figure II Figure 1 Figure IV Figure V Figure Ill, IV, V 2

INTRODUCTION AGC Americas Gold Corp acquired the Arc 1, 2, 3, 4 claims in April 1995 and a reconnaissance level exploration program consisting of a small soil geochemical grid 1 kilometer by 1 kilometer in size was placed over a gossan. At the same time a geologist prospected and sampled the gossan and surrounding rocks. The program commenced September 2, 1995 and was completed September 5, 1995. Two rock samples, taken from limestone units, returned greater than 2% copper. LOCATION AND ACCESS The Arc 1, 2, 3, 4 claims are located 0 kilometers southeast of Dease Lake, British Columbia, within the Liard Mining Division at 57" 49' N latitude and 7" 46' W longitude. Access to the claims is via helicopter from the AGC Americas Gold Corp base camp approximately 30 minutes south by helicopter, 6 kilometers north of the Toodoggone River. The major supply center for the area is Smithers which is approximately 300 kilometers south. All supplies, equipment and samples are flown via the Sturdee airstrip to Smithers. 3

U.S.A. KILOMETRES 0 0 200 300 400 500 600 AGC AMERICAS GOLD CORP. ARa-, CLAIM GROUP TOODOGGONE RIVER AREA - N. BRITISH COLUMBIA CANADA - PROPERTY LOCATION MAP DATE: FEBRUARY, 1996 DRAWN: K.K. DATk GEODRAFTING SCALE: AS shown N.T.S.: FIGURE NO.: 1

PROPERTY The property owned by AGC Americas Gold Corp consists of 4 claims totaling 60 units. The claims are located in the Liard Mining Division. PHYSIOGRAPHY The Arc claims are located within the Stikine Ranges of the Cassiar Mountains at an elevation of between 75 to 2000 meters above sea level. The area is characterized by broad grassy valleys with scattered stands of spruce trees and shrubs. Slopes above 00 meters are generally treeless with limited rock exposures. HISTORY The Arc claims were acquired based on previous, positive results by Duponts' work from 1980 to 1982 which included prospecting, geological mapping, trenching, soil and stream sediment surveys and rock chip sampling. The latest owner Comox Resources Ltd. had Skylark Resources Ltd. conduct an exploration program in 1988 which consisted of prospecting and rock sampling; a grid placed to collect soil samples and a VLF-EM survey conducted over a gossaneous zone. 4

REGIONAL GEOLOGY I The Arc claims lie near the eastern edge of the Intermontane belt. Here granitic rocks of Lower Jurassic age intrude upper Palcozoic to Lower Mesozoic volcanic rocks. Rocks of the Omineca Crystalline Belt lie 90 kilometers to the east. Lower Jurassic Toodoggone volcanics and Upper Cretaceous Sustut Group sedimentary rocks lie south of the Stikine River. Small zones of Upper Triassic Takla Group and Lower Jurassic Hazelton Group rocks out crop to the east of the Toodoggone volcanics. Also present near the claims to the north east of the Stikine River Valley are plutous of Jurassic quartz monzonite and diorite, which mark the boundary between the Intermontane and Omineca belts. PROPERTY GEOLOGY The eastern portions of the Arc 3 and 4 claims are underlain by quartz monzonitegranodiorite. The rocks are strongly clay quartz pyrite altered along contacts with the country rock producing spectacular gossans. Also present on the Arc 4 claim are Asitka Group metamorphosed rocks with small plutons or plugs of diorite composition. Cherts with some tuffaccous sediments and minor volcanic rocks are seen underlying the Arc 4 claim. The emplacement of intrusives to the North has apparently led to the development of intense pyrite alteration and bleaching of the chert which has created iron gossans. 5

-?---- -y-- Volcanics (Takla?) of andesitic to dacitic in composition occur in the northeastern corner of the Arc 2 claim. Here up to % disseminated pyrite has led to a significant gossan which is traceable for 500 to 700 meters in an east-northeast direction. GEOCHEMISTRY A compass and hip chain grid was placed over the most prominent gossan (see Figure 1) with a total of 380 soil samples collected and sent for geochemical analysis to Eco-Tech Laboratories in Kamloops. Each soil sample was analyzed for gold, silver, copper, lead and zinc (see Appendix I). The baseline was run in a north-sough direction for 1 kilometer with crosslines running east-west turned off the baseline at 0 meter intervals. The crosslines ran for 500 meters to the east and 500 meters to the west from the baseline. Sampling interval was 25 meters along the crosslines. Sample collection at each site consisted of collecting approximately 500 grams of soil from the B horizon. The samples which were placed in kraft paper envelopes marked with the location were taken at depths ranging from to 30 centimeters using a steel matik. The resulting soil values for gold, silver, copper and zinc can be found on figures 1, IV, and V. Overall the soil geochemical values are discouraging with regards to silver and zinc. Two spot highs of silver returned 2.7 and 2.6 ppm while one spot high of zinc returned 506 pprn with no correlation between these elements or gold and copper. 6

CONCLUSION & RECOMMENDATIONS The two rock samples that returned greater than 2% copper should be investigated further. The soil geochemistry returned over 85 anomalous gold solid values. The source of the gold is unknown, but values up to and exceeding 00 ppb were returned. The soil sampling grid should be expanded to a regional scale with the grid being expanded. Sampling density should be reduced to effectively cover a larger area. Line spacing at 0 meters with sampling every 50 meters will be effective in determining a geological trend. 7

STATEMENT OF COSTS Helicopter 4 days @ 1.9 hours/day = 7.6 @ 875 per hour 6,346.00 Wages 4 men @ 300/day x 4 days 4,800.00 Geochemical & Assaying SOILS 380 soil samples @.OO per sample 4,0.00 ROCK rock samples @.00 per sample 270.00 TOTAL $1 5,596.00 8

I CERTIFICATE I, Robert Krause, residing in Vancouver, British Columbia, do hereby declare that: (1) I am a graduate of the University of British Columbia, Vancouver, British Columbia with a Bachelor of Science in Geology; (2) I have been practicing my profession in Canada, United States, Central and South Americas for the past ten years; (3) I am an employee of AGC Americas Gold Corp; (4) I am the author of this report and worked on the compilation of all available previous data on the JD claim group and the data derived from the 1994 exploration program; (5) I personally supervised and managed the exploration program on site, during the period June, 1995 to September 30, 1995. January 1996 Vancouver, British Columbia 55

APPENDIX I

CERTIFICATE OF ASSAY AK 95-808 AGC-AMERICAS GOLD CORPORATION 1730-999 W.HASTlNGS ST. VANCOUVER, B.C. V6C 2W2 25-Sep-95 ATTENTION: BOB KRAUSE 75 Rock samples received September,1995 PROJECT #: None Given Samples submitted by: Dean Barron AU Au Ag Ag cu Ztl ET#. Tag#. (g/t) (otlt) (glt) (odt) (%) (%) 1 95-JP-1 e.03 e.001 2 95-JP-2 e.03 c.001 3 95-JP-3 <. 03 c.001 4 DB95-1 0.07 0.002 5 DB95-2 e.03 c.001 6 DB95-3 e.03 c.001 7 DB95-4 0.03 0.001 8 DB95-5 e.03 c.001 9 DB95-6 e.03 c.001 DB95-7 e.03 c.001 DB95-8 e.03 e.001 DB95-9 c.03 c.001 DB95- c.03 c.001 DB95-0.07 0.002 DB95- c.03 e.001 - DB95- e.03 c.001-17 0895-0 0.006 DB95-0.03 0.001-19 95-GB-1 e.03 c.001 20 95-GB-2 0.88 0.026 21 95-GB-3 0.06 0.002 22 95-GB-4 0.03 0.001 23 95-GB-5 c.03 c.001 24 95-GBS c.03 e.001 25 95-GB-7 c.03 e.001-26 95-GB-8.67 0.544 3.4 Page 1

CERTIFICATE OF ANALYSIS AK 95-8 AGC-AMERICAS GOLD CORPORATION 1730-999 WEST HASTINGS STREET VANCOUVER, B.C. V6C 2W2 27-Sep-95 ATTENTION: BOB KRAUSE 407 Soil samples received September, 1995 PROJECT #: None given SHIPMENT #: None given Samples submitted by: Dean Barron Au Ag cu Pb Zn ET #. Tag # (PPb) (PPm) (ppm) (ppm) (ppm) 1 BL 1+00N 1 99 2 L1+00N- 0+25 E 1 92 3 L1+00N- 0+50 E 42 4 L1+00N- 0+75 E 48 67 5 L1+00N- 1+00 E 57 77 6 L1+00N- 1+25 E 34 61 7 L1+00N- 1+50 E 28 6 58 8 L1+00N- 1+75 E 56 8 64 9 L1+00N- 2+00 E 0.9 33 9 56 L1+00N- 2+25 E 4 17 99 L1+00N- 2+50 E 48 88 L1+00N- 2+75 E 38 L1+00N- 3+00 E 26 35 L1+00N- 3+25 E 22 44 L1+00N- 3+50 E 49 73 L1+00N- 3+75 E 35 8 66 17 L1+00N- 4+00 E 28 62 L1+00N- 4+25 E 66 80 19 L1+00N- 4+50 E 63 80 20 L1+00N- 4+75 E 70 85 21 L1+00N- 5+00 E 92 88 22 L1+00N- 0+25 W 0.5 76 83 23 L1+00N- 0+50 W 42 80 24 L1+00N- 0+75 W 49 63 25 L1+00N- 1+00 W 69 71 26 L1+00N- 1+25 W 37 67 27 L1+00N- 1+50 W 1 9 72 Page 1

AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 AU A!J cu Pb Zn ET #. Tag # (PPb) (PP4 (PPm (PP@ (PPW 28 L1+00N- 1+75 W 31 56 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 69 70 71 72 73 74 75 L1+00N- 2+00 W L1+00N- 2+25 W L1+00N- 2+50 W L1+00N- 2+75 W L1+00N- 3+00 W L1+00N- 3+25 W L1+00N- 3+50 W L1+00N- 3+75 W L1+00N- 4+00 W L1+00N- 4+25 W L1+00N- 4+50 W Ll+OON- 4+75 W L1+00N- 5+00 W BL2+00N L2+00N- 0+25 E L2+00N- 0+50 E L2+00N- 0+75 E L2+00N- 1+00 E L2+00N- 1+25 E L2+00N- 1+50 E L2+00N- 1+75 E L2+00N- 2+00 E L2+00N- 2+25 E L2+00N- 2+50 E L2+00N- 2+75 E L2+00N- 3+00 E L2+00N- 3+25 E L2+00N- 3+50 E L2+00N- 3+75 E L2+00N- 4+00 E L2+00N- 4+25 E L2+00N- 4+50 E L2+00N- 4+75 E L2+00N- 5+00 E L2+00N- 0+25 W L2+00N- 0+50 W L2+00N- 0+75 W L2+00N- 1+00 W L2+00N- 1+25 W L2+00N- 1+50 W L2+00N- 1+75 W L2+00N- 2+00 W L2+00N- 2+25 W L2+00N- 2+50 W L2+00N- 2+75 W L2+00N- 3+00 W L2+00N- 3+25 W 0.4 0.4 Page 2 43 41 49 42 63 67 44 0 66 69 28 88 43 51 50 34 32 40 47 32 38 47 33 21 41 60 34 83 23 19 19 29 61 85 44 63 56 89 63 24 21 72 45 40 8 9 7 9 8 8 8 6 6 7 8 9 50 78 80 81 73 93 78 88 42 83 66 67 77 54 47 85 51 82 75 85 77 87 49 84 85 45 63 90 39 40 58 53 83 95 81 83 81 87 65 53 39 78 76 67 74

76 L2+00N- 3+50 W 29 58 AGC-AMERICAS GOLD CORPORATION AK 95-81 0 27-Sep-95 AU As - cu Pb Zn ET #. Tag # (PPW (PPm) (PPm) (ppm) (PPN 77 L2+00N- 3+75 W 19 8 54 L2+00N- 4+00 W 38 L2+00N- 4+25 W 29 53 L2+00N- 4+50 W 33 7 61 L2+00N- 4+75 W 80 L2+00N- 5+00 W 26 6 31 BL3+00N 78 73 L3+00N- 0+25 E 170 75 8 L3+00N- 0+50 E 195 90 48 L3+00N- 0+75 E 3 65 45 L3+00N- 1+00 E 33 17 49 L3+00N- 1+25 E 1.3 31 62 L3+00N- 1+50 E 60 54 49 L3+00N- 1+75 E 250 60 17 44 L3+00N- 2+00 E 32 43 L3+00N- 2+25 E 5 28 8 44 L3+00N- 2+50 E 60 41 57 L3+00N- 2+75 E 30 71 70 L3+00N- 3+00 E 45 7 9 76 L3+00N- 3+25 E 40 39 6 45 L3+00N- 3+50 E 5 38 7 55 L3+00N- 3+75 E 42 7 71 L3+00N- 4+00 E 35 67 74 L3+00N- 4+25 E 45 9 72 L3+00N- 4+50 E 5 80 9 62 L3+00N- 4+75 E 95 1 7 56 L3+00N- 5+00 E 20 3 8 72 L3+00N- 0+25 W 70 74 L3+00N- 0+50 W 50 198 96 L3+00N- 0+75 W 58 90 L3+00N- 1+00 W 63 85 L3+00N- 1+25 W 66 17 60 L3+00N- 1+50 W 31 62 L3+00N- 1+75 W 37 63 L3+00N- 2+00 W 34 66 L3+00N- 2+25 W 43 19 79 L3+00N- 2+50 W 9 57 L3+00N- 2+75 W 5 63 20 77 L3+00N- 3+00 W 32 57 L3+00N- 3+25 W 37 17 58 L3+00N- 3+50 W 54 61 L3+00N- 3+75 W 22 19 48 L3+00N- 4+00 W 44 92 L3+00N- 4+25 W 5 0.7 27 69 L3+00N- 4+50 W 35 67 L3+00N- 5+00 W 0.7 Page 3 34 17 65 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 0 1 2 3 4 5 6 7 8 9 0 1 1 3 1 1 1 7 8 9 0 1 2

3 BL4+00N 425 16 51 4 L4+00N- 0+25 E 450 191 55 5 L4+00N- 0+50 E 295 202 54 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 Au Ag cu Pb Zn ET #. lag # (ppb) (ppm) (PPm) (PPm) (ppm) 6 L4+00N- 0+75 E 90 3 52 7 8 9 0 1 1 32 3 4 5 6 7 8 9 0 1 2 3 1 44 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 L4+00N- 1+00 E L4+00N- 1+25 E L4+00N- 1+50 E L4+00N- 1+75 E L4+00N- 2+00 E L4+00N- 2+25 E L4+00N- 2+50 E L4+00N- 2+75 E L4+00N- 3+00 E L4+00N- 3+25 E L4+00N- 3+50 E L4+00N- 3+75 E L4+00N- 4+00 E L4+00N- 4+25 E L4+00N- 4+50 E L4+00N- 4+75 E L4+00N- 5+00 E L4+00N- 0+25 W L4+00N- 0+50 W L4+00N- 0+75 W L4+00N- 1+00 W L4+00N- 1+25 W L4+00N- 1+50 W L4+00N- 1+75 W L4+00N- 2+00 W L4+00N- 2+25 W L4+00N- 2+50 W L4+00N- 2+75 W L4+00N- 3+00 W L4+00N- 3+25 W L4+00N- 3+50 W L4+00N- 3+75 W L4+00N- 4+00 W L4+00N- 4+25 W L4+00N- 4+50 W L4+00N- 4+75 W L4+00N- 5+00 W BL5+00N L5+00N- 0+25 E L5+00N- 0+50 E L5+00N- 0+75 E L5+00N- 1+00 E L5+00N- 1+25 E 80 31 0 90 620 445 5 405 5 40 675 5 50 5 40 5 205 20 0 240 5 40 35 20 60 25 5 35 40 0 c5 40 30 70 5 1.4 3 174 84 278 439 382 827 3 209 929 21 2 0 298 43 56 46 33 224 492 43 9 8 7 79 83 41 33 2 44 17 19 62 8 35 30 28 1 34 8 443 30 6 Page 4 38 20 20 9 23 8 30 21 17 35 54 48 74 67 74 55 32 61 1 45 43 72 51 62 54 47 96 69 73 58 75 78 74 73 9 63 70 95 33 69 58 84 96 67 63 88 71 0 82 84 92

170 L5+00N- 1+50 E 25 0 19 88 171 L5+00N- 1+75 E 40 37 17 1 172 L5+00N- 2+00 E 5 59 82 173 L5+00N- 2+25 E 50 2 88 174 L5+00N- 2+50 E 90 266 61 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 Au Aa - cu Pb Zn ET #. Tag # (PPb) (ppm) (PPm) (PPm) (PPm) 175 L5+00N- 2+75 E 0 4 65 176 177 178 179 0 1 2 3 4 5 6 7 8 9 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 21 0 21 1 21 2 21 3 2 21 5 21 6 L5+00N- 3+00 E L5+00N- 3+25 E L5+00N- 3+50 E L5+00N- 3+75 E L5+00N- 4+00 E L5+00N- 4+25 E L5+00N- 4+50 E L5+00N- 4+75 E L5+00N- 5+00 E L5+00N- 0+25 W L5+00N- 0+50 W L5+00N- 0+75 W L5+00N- 1+00 W L5+00N- 1+25 W L5+00N- 1+50 W L5+00N- 1+75 W L5+00N- 2+00 W L5+00N- 2+25 W L5+00N- 2+50 W L5+00N- 2+75 W L5+00N- 3+00 W L5+00N- 3+50 W L5+00N- 3+75 W L5+00N- 4+00 W L5+00N- 4+25 W L5+00N- 4+50 W L5+00N- 4+75 W L5+00N- 5+00 W BL6+OON L6+00N- 0+75 E L6+00N- 1+00 E L6+00N- 1+25 E L6+00N- 1+50 E L6+00N- 1+75 E L6+00N- 2+00 E L6+00N- 2+25 E L6+00N- 2+50 E L6+00N- 2+75 E L6+00N- 3+00 E L6+00N- 3+25 E L6+00N- 3+50 E 40 50 5 21 5 50 5 60 50 45 25 0 55 200 0 325 25 4 40 200 200 5 80 305 21 5 70 0 0.4 1.4 2.7 0.7 0.8 0.6 0.4 Page 5 27 1 224 0 293 42 1 9 287 9 39 0 29 26 43 198 72 30 70 1 262 74 337 300 7 3 8 62 67 29 36 79 8 6 66 170 9 88 9 247 384 2 198 20 22 23 19 17 29 29 24 22 20 23 25 57 94 79 47 55 56 61 78 86 97 56 73 79 63 59 50 67 61 54 56 80 93 1 04 91 97 53 80 78 84 85 76 83 96 77 75 80 82 74

217 L6+00N- 3+75 E 69 20 79 2 L6+00N- 4+00 E 325 285 66 219 L6+00N- 4+25 E 340 7 26 88 220 L6+00N- 4+50 E 290 86 221 L6+00N- 5+00 E 5 17 9 222 L6+00N- 0+75 W 34 64 223 L6+00N- 1+00 W 24 62 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 cu Pb Zn (PPm) 88 71 84 89 4 76 72 49 47 506 70 66 55 81 0 59 81 82 1 6 74 83 75 64 76 77 82 77 95 69 63 67 78 77 99 0 56 58 0 ET #. Tag # (ppb) (ppm) 224 L6+00N- 1+25 W 5 2.6 49 21 225 L6+00N- 1+50 W 56 226 L6+00N- 1+75 W 1.4 8 23 227 L6+00N- 2+00 W 5 5 228 L6+00N- 2+25 W 980 287 52 229 L6+00N- 2+50 W 0 230 L6+00N- 2+75 W 480 0.4 4 7 231 L6+00N- 3+00 W 20 0.9 56 20 232 L6+00N- 3+25 W 30 233 L6+00N- 3+50 W 5 1 20 234 L6+00N- 3+75 W 95 4 20 235 L6+00N- 4+00 W 0 1.2 4 19 236 L6+00N- 4+25 W 2 237 L6+00N- 4+50 W 96 238 L6+00N- 4+75 W 1 239 L6+00N- 5+00 W 20 9 240 BL7+00N 5 96 241 L7+00N- 0+25 E 20 170 21 242 L7+00N- 0+50 E 60 238 20 243 L7+00N- 0+75 E 80 303 23 244 L7+00N- 1+00 E 565 301 54 245 L7+00N- 1+25 E 20 0 19 246 L7+00N- 1+50 E 5 90 20 247 L7+00N- 1+75 E 60 255 20 248 L7+00N- 2+00 E 80 5 249 L7+00N- 2+25 E 30 2 17 250 L7+00N- 2+50 E 60 242 60 251 L7+00N- 2+75 E 30 7 252 L7+00N- 3+00 E 50 4 20 253 L7+00N- 3+25 E 20 260 26 254 L7+00N- 3+50 E 1 0 255 L7+00N- 3+75 E 70 5 17 256 L7+00N- 4+00 E 5 8 257 L7+00N- 4+25 E 20 74 258 L7+00N- 4+50 E 63 259 L7+00N- 4+75 E 60 255 24 260 L7+00N- 5+00 E 40 349 261 L7+00N- 0+25 W 1 76 262 L7+00N- 0+50 W 38 263 L7+00N- 0+75 W 20 Page 6 6 85

264 265 266 267 2 269 270 27 1 272 L7+00N- 1+00 W L7+00N- 1+25 W L7+00N- 1+50 W L7+00N- 1+75 W L7+00N- 2+00 W L7+00N- 2+25 W L7+00N- 2+50 W L7+00N- 2+75 W L7+00N- 3+00 W 20 25 175 0 845 >loo0 300 200 0.4 1.2 0.7 82 53 67 94 8 3 269 174 263 23 75 21 69 32 81 24 57 22 62 24 26 36 42 20 39 50. 95 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 Au Ag - cu Pb Zn ET #. Tag # (PPb) (PPm) (ppm) (PPW (PPm) 273 L7+00N- 3+25 W 230 69 39 72 274 L7+00N- 3+50 W 56 34 83 275 L7+00N- 3+75 W 66 21 66 276 L7+00N- 4+00 W 40 2 29 97 277 L7+00N- 4+25 W 1 0.6 282 27 76 278 L7+00N- 4+50 W 49 24 83 279 L7+00N- 4+75 W 51 19 74 280 L7+00N- 5+00 W 53 23 281 BL8+00N 90 72 282 L8+00N- 0+25 E 20 98 53 283 L8+00N- 0+50 E 53 38 284 L8+00N- 0+75 E 30 9 17 74 285 L8+00N- 1+00 E 0 0 76 286 L8+00N- 1+25 E 50 191 72 287 L8+00N- 1+50 E 70 3 17 69 288 L8+00N- 1+75 E 40 9 61 289 L8+00N- 2+00 E 20 0 17 63 290 L8+00N- 2+25 E 0 2 65 291 L8+00N- 2+50 E 4 0 73 292 L8+00N- 2+75 E 30 5 17 69 293 L8+00N- 3+00 E 50 1 72 294 L8+00N- 3+50 E 40 8 99 295 L8+00N- 3+75 E 0 176 78 296 L8+00N- 4+00 E 65 56 297 L8+00N- 4+25 E 0 264 298 L8+00N- 4+50 E 0 1 69 299 L8+00N- 4+75 E 240 3 73 300 L8+00N- 5+00 E 0 88 76 301 L8+00N- 0+25 W 51 17 80 302 L8+00N- 0+50 W 46 303 L8+00N- 0+75 W 51 60 304 L8+00N- 1+00 W 2 23 71 305 L8+00N- 1+25 W 5 177 58 306 L8+00N- 1+50 W 20 3 55 307 L8+00N- 1+75 W 0 473 17 58 308 L8+00N- 2+00 W 4 58 309 L8+00N- 2+25 W 1 174 46 3 L8+00N- 2+50 W 5 Page 7 429 20 63

! 3 L8+00N- 2+75 W 3 L8+00N- 3+00 W 3 L8+00N- 3+25 W 3 L8+00N- 3+50 W 3 L8+00N- 3+75 W 3 L8+00N- 4+00 W 317 L8+00N- 4+25 W 3 L8+00N- 4+50 W 319 L8+00N- 4+75 W 320 L8+00N- 5+00 W 321 BL9+OON 31 0 170 55 220 225 175 80 7 0 356 442 4 286 6 2 4 30 17 17 20 32 27 20 49 44 48 63 77 65 48 75 69 62 AGC-AMERICAS GOLD CORPORATION AK 95-81 0 27-Sep-95 Au Ag cu Pb Zn ET #. Tag # (PPW (PPm) (ppm) (ppm) (ppm) 322 L9+00N- 0+25 E 32 64 323 324 325 326 327 328 329 330 33 1 332 333 334 335 336 337 338 339 340 34 1 342 343 344 345 346 347 348 349 350 351 352 353 354 355 356 357 L9+00N- 0+50 E L9+00N- 0+75 E L9+00N- 1+00 E L9+00N- 1+25 E L9+00N- 1+50 E L9+00N- 1+75 E L9+00N- 2+00 E L9+00N- 2+25 E L9+00N- 2+50 E L9+00N- 2+75 E L9+00N- 3+00 E L9+00N- 3+25 E L9+00N- 3+50 E L9+00N- 3+75 E L9+00N- 4+00 E L9+00N- 4+25 E L9+00N- 4+50 E L9+00N- 4+75 E L9+00N- 5+00 E L9+00N- 0+25 W L9+00N- 0+50 W L9+00N- 0+75 W L9+00N- 1+00 W L9+00N- 1+25 W L9+00N- 1+50 W L9+00N- 1+75 W L9+00N- 2+00 W L9+00N- 2+25 W L9+00N- 2+50 W L9+00N- 2+75 W L9+00N- 3+00 W L9+00N- 3+25 W L9+00N- 3+50 W L9+00N- 3+75 W L9+00N- 4+00 W 4 35 30 75 0 60 260 20 5 5 30 70 60 40 75 45 75 33 44 69 55 44 1 0 9 5 42 49 48 7 9 8 1 55 86 27 23 26 31 83 27 29 8 928 21 0 9 62 7 9 2 87 Page 8 19 20 17 20 17 19 20 23 19 26 8 3 82 87 92 57 93 77 72 66 74 72 75 81 83 70 73 79 77 75 62 81 72 58 66 64 98 65 60 46 55 78 76 82

358 359 360 36 1 362 363 364 365 366 367 3 369 370 L9+00N- 4+25 W L9+00N- 4+50 W L9+00N- 4+75 W L9+00N- 5+00 W BL+00N L+00N- 0+25 W L+00N- 0+50 W L+00N- 0+75 W L+00N- l+oo W L+00N- 1+25 W L+00N- 2+00 W L+00N- 2+25 W L+00N- 2+50 W 195 20 20 35 60 5 3 9 72 1 91 90 1 39 47 21 3 37 46 36 22 85 79 78 60 66 63 54 55 52 52 43 46 77 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 ET #. Tag # (ppb) (ppm) (ppm) (ppm) (ppm) 371 L+00N- 2+75 W 39 55 372 L+00N- 3+00 W 40 57 373 L+00N- 3+25 W 44 72 374 L+00N- 3+50 W 36 71 375 L+00N- 3+75 W 51 44 376 L+00N- 4+00 W 8 67 377 L+00N- 4+25 W 3 59 378 L+00N- 4+50 W 34 61 379 L+00N- 4+75 W 42 78 380 L+00N- 5+00 W 39 58 381 FlDDlCK LINE 1 O+OO N 78 29 6 382 FlDDlCK LINE 1 0+50 N 42 30 1 383 FlDDlCK LINE 1 1+00 N 3.6 3 30 0 384 FlDDlCK LINE 1 1+50 N 51 54 1 385 FlDDlCK LINE 1 2+00 N 38 25 94 386 FlDDlCK LINE 1 2+50 N 25 25 87 387 FlDDlCK LINE 1 3+00 N 27 39 56 388 FlDDlCK LINE 1 3+50 N 33 44 74 389 FlDDlCK LINE2 O+OO N 0.5 42 65 91 390 FlDDlCK LINE2 0+50 N 3 9 639 391 FlDDlCK LINE2 1+00 N 17 26 41 392 FlDDlCK LINE2 1+50 N 70 39 7 393 FlDDlCK LINE2 2+00 N 24 51 394 FlDDlCK LINE2 2+40 N 24 37 74 395 FlDDlCK LINE3 O+OO N 32 48 71 396 FlDDlCK LINE3 0+50 N 30 28 88 397 FlDDlCK LINE 3 1+00 N 27 44 94 398 FlDDlCK LINE 3 1+50 N 33 92 399 FlDDlCK LINE3 2+00 N 21 43 400 FlDDlCK LINE3 2+40 N 34 41 93 401 FlDDlCK LINE4 O+OO N 0.6 63 31 5 402 FlDDlCK LINE4 0+50 N 51 40 3 403 FlDDlCK LINE4 1+00 N 43 96 172 404 FlDDlCK LINE4 1+50 N Page 9 29 45 191

405 FlDDlCK LINE4 2+00 N 26 38 67 406 FlDDlCK LINE4 2+50 N c5 27 36 85 407 FlDDlCK LINE4 3+00 N 23 58 58 AGC-AMERICAS GOLD CORPORATION AK 95-8 27-Sep-95 Au Ag cu Pb Zn ET #. Tag # (ppb) (ppm) (PPm) (ppm) (ppm) LzaX!& Repeat: 1 19 28 36 45 54 63 71 80 89 98 6 1 4 3 1 0 9 8 176 5 194 203 21 1 220 229 238 246 BL 1+00N L1+00N- 2+25 E L1+00N- 4+50 E L1+00N- 1+75 W L1+00N- 3+75 W L2+00N- 0+75 E L2+00N- 3+00 E L2+00N- 0+25 W L2+00N- 2+25 W L2+00N- 4+50 W L3+00N- 1+50 E L3+00N- 3+75 E L3+00N- 0+75 W L3+00N- 3+00 W L4+00N- 0+25 E L4+00N- 2+50 E L4+00N- 4+50 E L4+00N- 1+75 W L4+00N- 4+00 W L5+00N- 1+00 E L5+00N- 3+00 E L5+00N- 0+25 W L5+00N- 2+50 W L5+00N- 5+00 W L6+00N- 2+25 E L6+00N- 4+50 E L6+00N- 2+50 W L6+00N- 4+75 W L7+00N- 1+50 E 0.4 0.9 1 6 65 29 1 34 39 59 22 33 54 40 58 34 195 81 7 54 77 62 32 28 1 1 253 28 0 288 2 0 86 Page 6 7 24 19 0 1 78 56 89 51 82 81 38 60 49 72 91 60 54 32 61 74 85 88 62 81 64 52 80 84 77 76 81

255 264 273 281 290 299 308 3 325 334 343 351 360 369 378 L7+00N- 3+75 E L7+00N- 1+00 W L7+00N- 3+25 W BL8+00N L8+00N- 2+25 E L8+00N- 4+75 E L8+00N- 2+00 W L8+00N- 4+00 W L9+00N- 1+00 E L9+00N- 3+25 E L9+00N- 0+50 W L9+00N- 2+50 W L9+00N- 4+75 W L+00N- 2+25 W L+00N- 4+50 W 386 FlDDlCK LINE 1 2+50 N 395 FlDDlCK LINE3 O+OO N 404 FlDDlCK LINE4 1+50 N 75 20 0 95 190 0 40 0 82 69 86 2 4 47 1 293 47 25 21 6 72 47 33 26 32 28 17 24 38 26 17 22 26 46 24 64 76 69 63 72 58 69 85 69 60 60 79 48 61 85 70 195 AGC-AMERICAS GOLD CORPORATION AK 95-81 0 27-Sep-95 Au Ag cu Pb Zn ET #. Tag # (PPb) (ppm) (ppm) (PPm) (ppm) Standard: GE095 5 1.4 88 24 84 GE0'95 0 1.4 88 23 85 GE0'95 0 1.4 88 23 84 GE0'95 0 1.4 88 23 84 GE0'95 0 1.4 86 24 84 GE0'95 0 1.4 87 24 83 GE0'95 0 1.4 88 24 83 GE095 0 1.4 88 24 83 GE0'95 0 1.4 88 24 83 GE0'95 0 1.4 88 24 84 GE0'95 0 1.5 88 24 84 GE0'95 5 1.4 88 24 84 GE0'95 0 - - - GE0'95 MO - - - - Page ECO-TECH LABORATORIES LTD. Frank J. Pezzotti, A.Sc.T. B.C. Certified Assayer

APPENDIX II

~ ROCK SAMPLE DESCRIPTION 1 SAMPLE NO. LO CAT I 0 N NIE DESCRIPTION I ANALYTICAL RE Cuppm Pbppm ULTS Zn ppm Width m DB-95-1 claims up to % chalcopyrite, % malachite in cm wide calcite vein in limestone >,000 2.64% 1 % disseminated pyrite in DB-95-2 claims limonitic volcanics <.03.I 75 7 57 Grab DB-95-3 claims 5% chalcopyrite, 2% malachite, in silicified and <.03 brecciated maroon colored volcanics.i 3025 4 56 1 meter DB-95-4 claims 2% chalcopyrite, minor malachite along fractures in volcanic rock.03.1 655 7 42 Grab DB-95-5 claims Extremely pyrite, limonite altered volcanic rock <.03.3 200 89 30 cm

ROCK SAMPLE DESCRIPTION SAMPLE NO. LOCATION NIE DESCRIPTION Au glton ANAL' rlcal RE' ULTS Pb ppm Zn ppm aidth (m) DB-95-6 claims 3% chalcopyrite, 2% malachite in calcite vein in limestone c.03 >I 0,000 2.02% 8 22 cm DB-95-7 DB-95-8 DB-95-9 claims claims claims 5% chalcopyrite, 5% malachite in silicified and brecciated, fine grained, maroon colored volcanics 5% chalcopyrite, 5% malachite in silicified and brecciated, fine grained, maroon colored volcanics I 1 % disseminated pyrite in volcanics c.03 c.03 c.03.8 8789 5 19 Grab I.7 6 Grab I 9644 I 64 4 20 cm 1.9 8 strongly pyritic and limonitic DB-95- claims talus <.03 2.0 326 9 58 Talus

ROCK SAMPLE DESCRIPTION SAMPLE NO. DB-95- LOCATION, NIE claims DESCRIPTION 1 % disseminated pyrite in silicified volcanics Au glton.07 Ag ppm 2.7 ---I-=- ANALYTICAL RE U LTS Zn ppm 59 Width (m) cm I 2-0 strongly magnetic very clean aafl DB-95- claims sand, -65% magnetite? (dark c.03.2 24 meters blue) and 35% green mica Magnetic nodules in sand of DB-95- claims same composition (-DB- 95-) Gabbroic appearance Dark blue-black magnetite? & light green mica c.03.1 22 Grab -2% pyrite in limonitic DB-95- claims volcanics near top of large.20 gossanous talus slope.2 32 1 meter DB-95- claims -% pyrite in volcq@ rock near old trench iq Jimonitic gossanous talus.03 88 1 meter