Assessment Report On the Lexington Property Diamond Drilling

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3 Assessment Report On the Lexington Property Diamond Drilling Greenwood Mining Division British Columbia, Canada For Hornby St. Vancouver B.C. V6C 3B6 Ph. (604) Paul Cowley, P.Geo. August 15, 2008

4 Table of Contents 1 Summary Property and Location Accessibility, Climate, Local Resources, Infrastructure and Physiography History Summary of 2007 Work Program Geological Setting Regional Geology Property Geology Mineralization Regional Property Richmond/Northwest Zone City of Paris and Lincoln Lexington-Grenoble Deposit Old Lexington TG-81 Area Golden Cache Vasher Zone No.7 Mine Mineral Resource Estimates Lexington-Grenoble Deposit Richmond Zone Drilling Program Conclusions Recommendations References...24 List of Figures Figure 1: Location Map...4 Figure 2: Claim Map...5 Figure 3: Regional Geology.. 11 Figure 4: Historical Golden Triangle...15 Figure 5: Lexington-Grenoble and TG-81 Deposit Surface Diamond Drilling List of Tables Table 1: Mineral Claims and Leases, Greenwood Mining Division.2 Table 2: Generalized Stratigraphic Column after Fyles (1990) 12 Table 3: Gold Production in BC in 2003 after Schroeter (2003)..13 Table 4: Historic Resource Estimates of the Lexington-Grenoble Deposit.. 20 Table 5: Current Resource 6.0 g/t Au Equivalent Cut-Off Grade. 20 Table 6: Drill Hole Information 21 Table 7: Lexington-Grenoble Deposit 2007 Drill Highlights Table 8: TG-81 Deposit 2007 Drill Highlights. 22 Appendix I: Drill Logs Appendix II: Geochem Results Appendix III: Cost Statement Appendix IV: Statement of Qualifications List of Appendices

5 Assessment Report Lexington Property Diamond Drilling 1 Summary The Lexington Property is composed of approximately 2,060 hectares of contiguous claims 10 kilometres southeast of Greenwood, B.C. and 9 kilometres west of Grand Forks, B.C. in the Greenwood gold camp. Merit Mining Corp. has a 100% interest in the claims. The claims are easily accessible by paved provincial highway to the Greenwood area (i.e. Crowsnest Highway No. 3), followed by a choice of four different gravel access roads. The Greenwood area is a strongly mineralized region, ranking sixth largest in gold production in British Columbia with 1.2 million ounces of gold. Much of the production was from the Phoenix copper-gold skarn, 9.5 kilometres north of the Lexington-Lexington-Grenoble deposit of the Lexington Property. The Republic Graben district of northern Washington, USA extending for the US border to Republic, some 45 kilometres long has produced 2.5 million ounces of gold from epithermal deposits with grades typically better than 0.5 oz/t Au. gether with recent exploration discoveries immediately south of the border, past production and reserves of the area between Greenwood and Republic exceed 7.4 million ounces of gold. The Emanuel Creek epithermal gold discovery by Echo Bay/Kinross Gold Corp. lies about 19 kilometres from the southern limits of the property. The geological setting of the Lexington Property is dominated by a major 600m wide tectonic shear zone, the No. 7 Fault. The structure is a north to northwest trending arcuate feature and moderately east to northeast dipping. The No. 7 Fault is one of a series of Jurassic aged thrust faults in the Greenwood area juxtaposing late Palaeozoic Knob Hill and Attwood Group, Triassic Brooklyn Formation and Eocene-aged stratigraphy. These thrusts are often marked by serpentinite bodies. Within the No. 7 Fault zone there are two sheets of serpentinite separated by a Dacite package. The Dacite package previously named the Lexington Porphyry is composed of altered porphyries, volcanics and volcaniclastics of intermediate composition. This serpentinite-dacite-serpentinite sequence is continuous from the Lone Star Pit in Washington State through the Lexington-Grenoble deposit to the No. 7 Mine in the northwest and forms the host of the numerous mineralized zones on the property. It is speculated that the western bounding Bacon Creek Fault of the Republic Graben active in Tertiary time joined with the No. 7 Fault just southwest of the Lone Star pit, reactivating the No. 7 Fault during the same Tertiary faulting event possibly representing a northern extension of the Graben into Canada. Old workings, a recent 900 metre long decline and 603 diamond and percussion drill holes has defined eleven mineralized zones along a 5 kilometre trend (4 kilometres on Lexington) all related to the No. 7 Fault and the stratigraphy described above. These include four past producing copper/gold mines (Lone Star, City of Paris, Lincoln and No. 7) and seven gold/copper exploration prospects. The principal mineralized zones in the trend are the Lexington-Grenoble deposit, the Lone Star Mine and the Richmond/Northwest Zone, although only the Lexington- Grenoble deposit and the Richmond Zone lie on the Lexington Property claims. There is good exploration and resource potential in all zones. The Lexington-Grenoble deposit and the Richmond Zone are focused at or near the Lower Serpentinite/ Dacite contact. The Lexington-Grenoble deposit is composed of massive pyrite-lesser chalcopyrite (and rarely magnetite) veins, veinlets and disseminations. Porphyry copper-molybdenum-gold style mineralization and massive quartz veins with copper and gold are also present in the trend. The Lexington-Grenoble deposit is interpreted to be a series of shallow to moderately dipping en echelon overlapping zones hosted within a basal dacitic pyroclastic unit to the Dacite unit. With present knowledge, the multiple zones are confined to an area 525 m along strike, m perpendicular to the strike and 25 m vertical thickness, although there is significant potential to extend the dimensions with further drilling of the deposit. The Lexington-Grenoble deposit, discovered in 1969, has received 84 percussion and 279 diamond drill holes between 1967 and 2007 by various companies and a 3m x 3.6m x 900m long decline with three cross-cuts. De-watering, rehabilitation, and development of the Lexington-Lexington-Grenoble mine commenced in July Construction of a 200 tonne per day gravity/flotation mill and tailings facility No. 1 commenced in late August On May 8, 2008 the Company received its operating permits for the Lexington-Grenoble gold/copper Mine and Greenwood Mill to operate at a production rate of 72,000 tonnes per annum (~ 200 tonnes per day). The company reached commercial production at its Greenwood Mill on June 1, The Lexington-Grenoble deposit has a compliant Measured and Indicated gold/copper resource of 297,000 tonnes grading grams Au per tonne and 1.35 percent copper and Inferred resource of 45,000 tonnes grading 1

6 Assessment Report Lexington Property Diamond Drilling 6.58 grams Au per tonne and 1.03 percent copper dated October 2006 (Cowley, etal.). There is significant potential to add resources down plunge and widen the Lexington-Grenoble deposit and other mineralized targets on the property. The 2007 drill program was carried out between September 24 th and November 16 th, The drilling was conducted in two areas: 10 holes on the edges of the Lexington-Grenoble deposit (holes DHL to 010), and 9 holes on the edges of the TG-81 area (holes DHL to 019), for a total of metres. Holes were placed to intercept 20 m outward from previous drilling defining the deposit. Ten holes were drilled to expand the up dip or downdip edges of the Lexington-Grenoble deposit. Each hole intersected weak to moderately developed disseminated, foliation parallel shallow dipping veinlet and vein pyrite and chalcopyrite mineralization with gold, typical of Lexington-Grenoble zones. Six of the ten holes extended the either up dip or downdip to known Lexington-Grenoble zones, thus marginally expanded the deposit resource. The majority of the deposit edges have still not been closed off by drilling. Nine holes were drilled to expand two pods of gold-copper mineralization known as the TG-81 area which are part of the resource and mine plan for Lexington. Five of the nine holes intersected disseminated, veinlet and vein pyrite and chalcopyrite mineralization with gold, up dip and lateral to one of the pods, thus expanding its dimensions. Exploration drilling should continue on the Lexington Property to find additional resources. Drilling for the up and down dip potential on the Lexington-Grenoble deposit is warranted as a substantial amount of the deposit remains open in those directions. The TG-81 Zone, which lies about 80m from surface and about 150m northwest from the 1996 underground decline on the Lexington-Grenoble deposit should receive further drilling to delineate its full extent. 2 Property and Location The 2,060 hectare Lexington gold-copper property is centered on an area south of Greenwood, B.C., nine kilometres west of Grand Forks, B.C. and 42 kilometres north-northwest of Republic, Washington (Figure 1). The claims are located within the western half of the Greenwood Mining Division in south central British Columbia, Canada. The claims, on NTS map sheet 82E/02E are centered on 49 o N and 118 o W. The Lexington Property is comprised of a series of contiguous patented crown granted, located and reverted Crown-granted mineral claims, and mining leases claims. A claim list follows in Table 1. The claims are shown on Figure 2. Figure 3 shows the location of known and interpreted mineralization along a trend on the property. Gold City Industries entered into an agreement dated August 26, 2002 to acquire 100% of the Lexington mineral Property from Nanotek Inc. Gold City Industries fulfilled its obligations under the agreement. Merit Mining Corp acquired Gold City Industries in late 2004, and thus now owns 100% of the property subject to underlying royalties. Table 1: Mineral Claims and Leases, Greenwood Mining Division. A. Crown-granted mineral claims Claim Name Lot Number Size New St. Maurice L ha Richmond L ha Golden Cache Fr. L ha City of Paris L ha Lincoln L ha No. 4 L ha City of Vancouver Fr. L ha Lexington L ha City of Denver L ha Notre Dame des Mines Fr. L ha Oro L ha Oro Fr. L ha Puyallup L ha 2

7 Assessment Report Lexington Property Diamond Drilling B: Mining Leases Lease Number Claim Names Size Tenure Number Expiry Date 104 Orphan ha Jun City of Montreal ha Jun-2008 St. Joseph/Oregon Fr. C: Located and Reverted Crown-granted mineral claims Claim Name No. Units Tenure Number Expiry Date New Jack of Spades Jan-2019 Cuba Jan-2019 St. Lawrence Jan-2019 LSE Jan-2019 LSE Jan-2019 LSE Jan-2019 LSE Jan-2019 Excelsior Jan-2019 St. Maurice Fraction Jan-2019 Bing Jan-2019 Bruce Jan-2019 Iron King Jan-2019 Dandy Jan-2019 Maria Stuart Jan-2019 Beau May-2009 Beau May-2009 No Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 OR Jan-2019 Jean Fraction Jan-2019 Jean # Jan-2019 No Jan-2019 No Jan-2019 No Jan-2019 No Jan-2019 No Jan-2019 No. 7-8 Fr Jan-2019 No Jan-2019 No. 7-6 Fr Jan-2019 Brit # Jan-2019 Brit # Jan-2019 Brit # Jan-2019 Britannia # Jan-2019 Britannia # Jan-2019 B.G.C Jan-2019 Lex Jan-2019 Lex Sep-2018 Lex Jan-2019 ML Jun-2009 ML Jun-2009 Expiry Date assumes report expenditures of $221, are accepted. Work was completed on the Marie Stuart, Lex 1, Lincoln and City of Paris claims, but only Assessment work on Marie Stuart and Lex 1 claims is being applied. 3

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10 Assessment Report Lexington Property Diamond Drilling 4 Accessibility, Climate, Local Resources, Infrastructure and Physiography The claims are easily accessible by paved provincial highway to the Greenwood area (i.e. Crowsnest Highway No. 3), followed by a choice of four different gravel access roads (McCarren Creek Road, Hartley-Phoenix Road, Phoenix Ski Hill Road and May-Gibbs Creek Road) that link to the Phoenix-Lone Star Haul road. At the 17 kilometre mark on the Haul Road, the City of Paris road runs west about 1.3 kilometres to the Lexington-Grenoble Portal. The nearest full-service airport on the B.C. side is at Kelowna. The regional terrain is rolling and has an elevation range of approximately 300 to 2,000 meters. The claims occur at elevations between 900 and 1,600 metres. Mt. Wright, Mt. McLaren and Rusty Mountain stand on the property. Goosmus, Stacey and Gibbs Creeks cut the area. In the area, generally the higher elevations are forest covered while the lower elevations are grass ranch land. The forest cover is second growth Ponderosa Pine, Douglas Fir and Larch with minimal underbrush. The area in encompassed in the Kettle Provincial Forest Department and lies between Boundary, Eholt and July Creeks. The largest drainage basin in the district is the Kettle River basin 8 kilometres west of the claims. The climate is quite dry, with hot summers accompanied by little rainfall. Snowfall is generally less than 1 metre. Work could be carried out year round but snow ploughing beyond Hartley Junction during winter months would be required. The area has exceptional infrastructure available in the immediate area to support mining. A natural gas pipeline and power line run close to the north limits of the property. There is a large, skilled workforce of trades and technical professionals as well as equipment suppliers available throughout the region. Most services can be obtained from Grand Forks, Osoyoos and Kelowna, B.C. 5 History The history of exploration and mining in the area of the Lexington Property is punctuated by bursts of intense activity. In the early days, the area had various names such as White s Camp, Attwood s Camp and Douglas Camp. The earliest developments in the area were underground exploration on the City of Paris, Lincoln, Mabel, and Oro claims. Chronologically the history is as follows: 1897 Lone Star produced 1,540 tonnes. Development and production from 1898 to 1901 saw ore shipped from the Lexington, City of Paris and other proximal claims to the Granby smelter underground work commenced on the No. 7 Mine culminating in about 900 tonnes shipped by B.C. Copper Co. acquired the Lone Star property and also built an aerial tramway to the Boundary Falls smelter the Lone Star property was acquired by Consolidated Mining and Smelting Co. where they continued underground development, installed an aerial tram to the Boundary Falls mill and shipped over 4,500 tonnes between 1910 and ,000 tonnes were shipped from Lone Star. Low copper prices forced the closure of all of the mines in the area by s interest in precious metals began in the area a few tonnes were shipped from the City of Paris Group to Trail. In addition, a new shaft was sunk on the Mabel claim where a few tonnes were produced. 6

11 Assessment Report Lexington Property Diamond Drilling 1951 Attwood Copper Mines Ltd. started assembling a large land package in the area. By 1953 they acquired the Lone Star property from Eugene Mining Co. Attwood, opened the old workings and conducted mapping, sampling and a diamond drilling program Granby Mining optioned the Richmond and Lone Star from Attwood and conducted a diamond drilling program at the old workings an airborne geophysical survey was flown over the Lexington property by Lundberg Exploration Richmond and Lone Star were optioned to Moneta Porcupine who conducted drilling and geophysical surveys King Midas Ltd. assembled many of the old Crown-granted claims, carrying out surface and underground exploration on Lincoln and Mabel Lexington Mines Ltd. acquired the Lexington property and expanded the land package to include all of the current Canadian claims. Lexington Mines Ltd. completed an extensive program of geological, geochemical and geophysical surveys, bulldozer trenching, diamond drilling and underground rehabilitation resulting in the discovery of the Grenoble deposit and others. During this period Silver Standard and Kenogamisis Gold Mines optioned the Richmond, exploring the ground between Richmond and Lone Star properties by drilling and geophysics Falconbridge surveyed the Lone Star and claims to the south Israel Continental conducted a drill program on Richmond and Lone Star properties Granby optioned the Lexington property forming a joint venture with Coastal Mining and optioned the Richmond and Lone Star properties. The Lexington received drilling in 1972, Lone Star in and Richmond in Aelenian Resources optioned the Lexington property and drilled in the Grenoble deposit area in Granby Mining Co. open pitted the Lone Star property, trucking about 400,000 tons to Phoenix Grenoble Energy acquired the key Lexington claims and drove a test adit into the Grenoble deposit in Twenty underground holes were drilled into the Grenoble deposit from the new workings. Early1980 s Azure Resources acquired the Lone Star and conducted surface exploration and drilling in Teck Corp. optioned Grenoble s holdings in addition to the Richmond area claim and completed 47 drillholes by Canadian Pawnee Oil Corp. acquired much of the Lexington property Surface geophysical and geochemical surveys and 33 diamond drillholes were completed on Lexington. 7

12 Assessment Report Lexington Property Diamond Drilling U.S. Borax and Kennecott Exploration carried out the last detailed geological mapping and drilling program on the Lone Star, bringing the total number of percussion and diamond drillholes in the Lone Star area to date to in excess of Britannia Gold Corp. assembled the various holdings into the current Lexington property Britannia Gold conducted a systematic exploration program on the Lexington property including data compilation, detailed mapping of the Goosmus Shear Zone, surface induced polarization and magnetometer surveys, underground rehabilitation and mapping, re-logging of previous drillholes, bulldozer trenching and diamond drilling Wortman conducted a study of proposed mining methods on the Grenoble deposit. A simple mechanized mining system of 27,000 tonnes/year for a mine life of 3-4 years was proposed. An operating cost of $72/tonne and a capital cost of $1.23 million were estimated Bren-Mar Resources Ltd. formed a joint venture with Britannia Gold Corp. and together completed a 900 metre long decline and 29 underground drillholes in to assess the Grenoble deposit mineralization. The decline, crosscuts and underground drilling were designed for detailed definition of the ore body geometry, evaluation of grade continuity and assessment of ground stability conditions. Water quality and ARD sampling data was also collected by Britannia. Apr 3, 1997 A permit was granted to conduct a 2,000 tonne bulk sample on the Grenoble deposit, however, Britannia Gold Corp./Bren-Mar Resources Ltd. did not initiate the bulk sample. Aug2002-Dec Gold City Industries Ltd. (GC) acquired the Lexington and Lone Star Properties, conducted metallurgical and ARD testwork, water quality sampling, submitted a dewatering application subsequently granted March 31, 2003, submitted a 10,000 tonne bulk sample application subsequently granted December 19, 2003, conducted a six hole surface diamond drill program in 2003 and a 40 hole surface diamond drill program in 2004, reinterpreted drill data, rehabilitated the portal and the initial 25 metres of timbering, identified a new site for a mill and tailings, contracted Klohn-Crippen Consultants Ltd. for a geotechnical report on the tailings site, had a mill layout and flowsheet prepared, submitted permit application for the mill and tailings facility and was subsequently granted subject to detailed engineering drawings and had two compliant resource calculations and a preliminary mine plan completed by Snowden Mining Consultants Merit acquired the Lexington and Lone Star properties from Gold City and conducted a 19 hole diamond drillhole program Merit commissioned the current Resource Estimate by P & E Merit de-watering, rehabilitation, and developed the Lexington-Lexington-Grenoble mine. Construction of a 200 tonne per day gravity/flotation mill and tailings facility No. 1 commenced in late August The Company was permitted to mine and process a 10,000 tonne bulk sample from underground at Lexington-Lexington-Grenoble On May 8, 2008, following the completion of the 10,000 tonne bulk sample, the Company received its operating permits for the Lexington-Lexington-Grenoble gold/copper Mine and Greenwood Mill to operate at a production rate of 72,000 tonnes per annum (~ 200 tonnes per day). The company reached commercial production at its Greenwood Mill on June 1,

13 Assessment Report Lexington Property Diamond Drilling 5.1 Summary of 2007 Work Program The work program described in this report was carried out between September 24 th and November 16 th, The drilling was conducted in two areas: 10 holes within the Lexington-Grenoble deposit (holes DHL to 010), and 9 holes in the TG-81 area (holes DHL to 019). A total of metres of drilling was completed in 19 HQ diamond drill holes using a track-mounted BBS-25A owned and operated by Foraco Drilling Ltd. of Kamloops, BC. The drilling was completed over 2-12 hour shifts per day. Down hole surveys were taken during, and at the end of hole. The drill hole collars were surveyed after the completion of the drilling program. Holes DHL07-01, 2, 9 and 10 were drilled on the Lincoln crown grant (see Figure 5). Holes DHL07-03 through 8 were drilled on the Lex 1 claim. Holes DHL , 18 and 19 were drilled on the Marie Stuart claim. Holes DHL07-14 through 17 were drilled on the City of Paris crown grant. The full drill program is contained in this report, however, the work completed on the Lincoln and City of Paris crown grants is not being applied for assessment credit. The work credit for holes DHL07-1, 2, 9, 10 and 14 through 17 are not being applied. The work statement in Appendix III reflects this. The 2007 drilling program was logged by P. Cowley, H. Castillo and J.Rus, under the supervision of P. Cowley, P.Geo. Drill core was logged on site, and mineralized zones of the drill core were cut in half for assaying. One half was sent to Eco-Tech Laboratory Ltd. of Kamloops, BC, where samples were run for 28-element ICP. Gold was run by 30 gram Fire Assay Atomic Absorption finish for geochem gold or assay gold. Although Eco-Tech Laboratory Ltd. inserted its own standards, Merit Mining Corp also inserted one of its own standards and blanks for every 20 samples. Core is currently stored in Grand Forks, BC. 6 Geological Setting 6.1 Regional Geology Fyles (1990) has performed the most recent mapping of the Greenwood district, previously mapped by Little (1983) and Church (1986). As the distribution of rocks in the area are controlled by a series of faults, both Jurassic-aged thrust faults and Tertiary-aged extensional and detachment faults, an understanding of the regional and local structure is essential in understanding the geology. Many of the important mineral deposits in the area are directly related to the major tectonic and structural features (see Figure 3). Fyles has Palaeozoic and Mesozoic rocks lying in a series of thrust slices above a high grade metamorphic basement developed from the Okanogan gneiss domes with a general northward dip of lithologies (See Table 2: General Stratigraphic Column). The two high grade metamorphic suites in the region are the Grand Folks Gneissic Complex and the Tenas Mary Creek Complex. The Grand Forks Complex is a fault-bounded, uplifted block of cratonic crust lying east of a north-trending normal fault two kilometres east of the property. The Tenas Mary Creek complex is an uplifted domal succession that lies 4 kilometres southwest of the property. Unconformably overlying Okanogan gneiss domes are firstly rocks of the late Palaeozoic-aged Knob Hill Group which has a volcanic affinity, composed principally of chert, greenstone and related intrusives and serpentinite. Serpentinite bodies often marking thrusts represent part of a disrupted ophiolite sequence from the late Palaeozoicaged Knob Hill Group. The serpentinite as lenticular bodies to continuous sheets often exhibit Fe-carbonate alteration likely associated with the thrusting episode. Clasts of serpentinite in Middle Triassic conglomerate indicates a probable Permian age for the serpentinite. Knob Hill rocks are intruded by the Old Diorite, a hornblende diorite of variable texture that is cut by many veins and dated as Late Permian or older. The late Palaeozoic Attwood Group unconformably overlies the Knob Hill Group. The Attwood Group is composed of sediments and volcanics, chiefly argillite, siltstone, limestone and andesite. Triassic-aged Brooklyn Formation unconformably overlies the older units and consists of limestone, clastic sediments and pyroclastics. The copper-gold skarns in the area such as Phoenix, Oro Denoro and Mother Lode-Greyhound are hosted in Brooklyn rocks. A major compressional tectonic event in the Mesozoic resulted in the development of the five thrust faults in the region generally trending west or west-northwest and dip low to moderately to the north and identified by Fyles 9

14 Assessment Report Lexington Property Diamond Drilling (1990) and reflecting the influence of the Tenas Mary Creek Core Complex, wrapping around the Complex. The lowest thrust sheet overlies the Tenas Mary Creek Core Complex along the White Mountain Fault 4 kilometres southwest of the property. The hangingwall of this thrust sheet is confined by the No. 7 Fault. The thrust sheet is composed of Attwood Group metasediments and Brooklyn greenstone. The No. 7 Fault also forms the footwall of the second thrust sheet with the Wright Mountain Fault forming the hangingwall. Lithological units in this second thrust sheet are Knob Hill and subordinate Brooklyn Formation. All of the significant mineralization and deposits on the Lexington property are spatially and genetically associated with the No. 7 Fault. The arcuate north to northwest trend of the No. 7 Fault is influenced by the shape and position of the Tenas Mary Creek Core Complex wrapping around the Complex. Two Mesozoic intrusive episodes are recognized in the area and cut the above units, the Jurassic-aged Lexington Porphyry and Cretaceous-aged Nelson intrusions that form satellites from major batholiths. Two Tertiary extensional events created two sets of important extensional faults. A series of steep northerly-trending normal faults offset all rock units and includes many major faults, forming graben and horst boundaries. The Republic Graben is bounded to the west by the Bacon Creek Fault. The Beacon Creek Fault seems to terminate just southeast of the Lone Star Mine, but it is speculated that its fault movement continues northward and is taken up and reactivates the No. 7 Fault during Tertiary times. This is a significant point as it demonstrates the northern but modified continuation of the Republic Graben into Canada through the Lexington Property. As the Republic Graben is highly productive in gold in a number of mineralizing styles, the northern continuation into Canada through the Lexington Property demonstrates the high prospectively in the area for similar style gold deposits. further support the northern extension of the Republic Graben onto the property, the City of Paris vein has been dated by Church at 50 million years, that of the epithermal veins in the Republic Graben. The second Tertiary event is shown in steeply dipping northeasterly trending faults with dextral and west side down movement. Commonly in the vicinity of principal Tertiary faults are accompanying lesser faults with smaller sympathetic offsetting. Tertiary-aged volcanics and sediments unconformably overly older rock units, essentially controlled by the Tertiaryaged faulting. Eocene-aged Scatter Creek diorite dykes and pulaskite Coryell stocks and dykes also intrude older rocks. The hot spring-type epithermal Emanuel Creek gold deposit lies near the paleosurface of the Sanpoil Volcanics subsequently covered by Eocene-aged Klondike Mountain Formation. These units are equivalent to the Marron Formation and overlying Kettle River Formation in Canada (see Table 2). 6.2 Property Geology The geology of the Lexington Property is strongly influenced by the No. 7 Fault. The fault has an arcuate northeasterly trace in the south becoming convex to the northeast with a moderate northeast dip reflecting the underlying influence and shape of the Tenas May Creek Core Complex. Within the 600 metre wide No. 7 Fault zone is a predictable sequence. The western limit of the fault zone is marked by a tabular serpentinite, locally called the Lower Serpentinite. A similar sheet, the Upper Serpentinite marks the hangingwall. These two serpentinite units are separated by a 300 metre thick package locally termed the Dacite unit. Church (1986) describes the dacite unit as the Lexington porphyry which he interprets as been injected between these two serpentinite units. The Dacite package is composed of a complex assemblage of quartz and quartz-feldspar porphyry, andesitic lapilli tuff and crystal and lithic tuffs. This package is locally intruded by Shasket Creek andesite dykes and sills, Eocene-aged Scatter Creek diorite dykes and Eocene-aged Coryell pulaskite dykes. The key stratigraphic package described above related to the No. 7 Fault Zone persists on both sides of the border although different names are used. The Lower and Upper Serpentinite units remain the same; however, the intervening unit termed Dacite on the Canadian side is termed the Upper IV unit (intermediate volcanics and volcaniclastics) on the US side. The Upper IV unit comprises massive intermediate volcanics (andesite-dacite) which are locally porphyritic, foliated, bleached, sheared, silicified, pyritized, and generally weakly to highly serpentinized. The Lower Serpentinite unit is underlain by the Lower IV unit. 10

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16 Assessment Report Lexington Property Diamond Drilling Table 2: GENERALIZED STRATIGRAPHIC COLUMN after Fyles (1990) AGE Eocene NAME Penticton MAP SYMBOL Epi Eps LITHOLOGY Dykes, sills and irregular plutons of pulaskite syenite, monzonite and diorite. (Coryell intrusions) Stratiform units, arkosic, volcaniclastic sediments(kettle River Formation), flows of andesite, trachyte and phonolite (Marron Formation) Unconformity Cretaceous Nelson Qd Mainly granodiorite and quartz diorite, minor diorite (d) and gabbro (g) Jurassic Lexington Qfp Quartz feldspar porphyry TRb Triassic Carboniferous or Permian Brooklyn TRBv TRbl TRbs TRba TRbbx Fragmental greenstone and related diorite Limestone, calcareous sandstone, siltstone and conglomerate and skarn Green and maroon tuffaceous sandstone, siltstone and hornfels Dark gray to black siltstone and argillite Chert breccia or sharpstone conglomerate and minor tuff, tuffaceous siltstone, sandstone & breccia & maroon & green limestone-cobble conglomerate Unconformity Attwood Group Pa Paa Black cherty siltstone and argillite Pal Grey to white limestone, cherty limestone and minor dolomite Pav Andesitic volcanics Fault contacts Knob Hill Pkc Chert, grey argillite, siliceous greenstone and minor limestone Pkv Greenstone, pillow lava and breccia, amphibolite and minor limestone Pkx Fine chert breccia and conglomerate Pkm Grey and green schist and phyllite, buff to white quartzite, minor crystalline limestone, white dolomite, fine grained calcsilicate gneiss, quartz biotite gneiss and amphibolite Serpentinite sp Serpentinite and listwanite Old diorite od Coarse and fine grained hornblende diorite The Lower Serpentinite is a dark green to black massive aphanitic unit commonly magnetite-rich. The Lower Serpentinite does not appear to be as texturally or compositionally as variable as the Upper Serpentinite. The Upper Serpentinite varies from serpentinized mafic to ultramafic rocks to laminated and massive talc schists with some interbeds of serpentinized intermediate volcanic. The Upper Serpentinite is locally altered to listwanite with minor white quartz veins. The Lower Serpentinite- Dacite contact is locally a strong zone of shearing and in the area of Lone Star is accompanied by silicification. A number of late northeast to north trending normal faults cut and offset the sequence as much as 250 metres. Dykes of Eocene Scatter Creek and Coryell dykes often intrude along these Tertiary faults. 12

17 Assessment Report Lexington Property Diamond Drilling 7 Mineralization 7.1 Regional The Greenwood area is a strongly mineralized region, ranking sixth largest in gold production in British Columbia with 1.2 million ounces of gold. Much of the production was from the Phoenix copper-gold skarn, 9.5 kilometres from the Lexington-Grenoble deposit of the Lexington Property. The Republic district of northern Washington, USA 45 kilometres south of the claims, has produced 2.5 million ounces of gold from epithermal deposits with grades typically better than 0.5 oz/t Au. gether with recent exploration discoveries immediately south of the border (approximately 10 new mines discovered in past 20 years including Lamefoot: 2 million 7 g/t Au (mined), Crown Jewel: 7.2 million 6 g/t Au (unmined), Golden Eagle: 10 million 3.4 g/t Au (unmined)), past production and resources of the area between Greenwood and Republic exceed 7.4 million ounces of gold. Figure 4 identifies past gold producers and resources in the region. The Republic District is geologically and structurally similar to the Greenwood District. Greenwood District has not received the same amount of exploration activity as the Republic District partly because of unconsolidated land packages in the Greenwood Camp. Table 3: Gold Production in BC in 2003 (Schroeter, 2003) Rank Camp Gold Production 1 Bralorne 4.2 million oz 2 Rossland 2.5 million oz Republic 2.5 million oz 3 Hedley 2.5 million oz 4 Eskay Creek 2.3 million oz 5 Premier 2.0 million oz 6 Greenwood 1.3 million oz There are a number of mineralizing styles and models in the Republic/Greenwood Districts. They are: 1. Gold and Copper-Gold Skarns: Fe-Cu massive sulphide/oxide horizon in Brooklyn Fm. Present in all major skarn deposits in the district. Examples are: a. Phoenix 27 million 0.9% Cu, 1.12 g/t Au b. Motherlode 4.2 million 0.8% Cu, 1.3 g/t Au c. Crown Jewel (Buckhorn Mtn.) - unmined 7.2 million 6 g/t Au 2. Mesothermal Quartz Veins with Gold (+/- Ag, Pb, Zn) Examples are: a. Providence Mine 10, g/t Au, 4060 g/t Ag b. Dentonia 124, g/t Au c. Camp McKinney 125, g/t Au 3. Epithermal Quartz Veins commonly in the Republic District and often marked by the paleosurface between the Eocene Marron and Kettle River Formations and the overlying Oligocene Klondike. Examples are: a. Mountain Formation Knob Hill Mine b. Emanuel Creek, c. Union Mine 122, g/t Au, 353 g/t Ag, d. Picture Rock Quarry 4. Cretaceous Jurassic Alkalic Intrusives with Cu-Au-Ag (+/- PGE s) with a strong spatial association between these intrusives and Jurassic thrust faults. Examples are: a. Lexington alkalic porphyry type mineralization b. Franklin Camp, Sappho cpy rich shears with PGE s and Au c. Golden Crown, Wildrose and Rossland type veins close spaced, parallel, en-echelon veins of gold in massive pyrrhotite-pyrite-chalcopyrite veins & quartz veins. Veins associated with Jurassic intrusives~ 2.5 million oz Au from these veins at Rossland 13

18 Assessment Report Lexington Property Diamond Drilling 5. Gold Mineralization Associated with Serpentinite related to #3, #4 because an association with structure = an association with serpentinite. Known bodies of mineralization have traditionally been small, but often high grade. Examples are: a. Athelstan Jackpot Property. Gold in massive arsenopyrite + pyrite in listwanite. Historical production 33, g/t Au b. Lexington-Grenoble Zone: Inferred Resource 94, oz/t Au, 1.49% Cu 6. Gold-bearing volcanogenic magnetite-sulphide mineralization. Syngenetic mineralization within the Triassic Brooklyn Formation. Gold bearing massive magnetite and sulphides along the same stratigraphic horizon. At least some of the gold is attributed to a late stage epigenetic (Jurassic or Tertiary) event. Examples are: a. Lamefoot: 2 million 7 g/t Au b. Sylvester K Up to 12 meters wide Grade ~ 10 g/t Au, Gold in massive sulphides & in sulphidic footwall 7.2 Property The property covers a series of former mines, advanced stage deposits with resources, mineral prospects and exploration targets all associated spatially and probably genetically to the No. 7 Fault Zone. Past workers have termed the portion of the No. 7 Fault Zone on the property, the Goosmus Shear Zone. The mineralized trend runs from the Lone Star Mine and the Northwest Zone in Washington State, the Richmond Zone, City of Paris Mine, Lexington-Grenoble deposit, Lexington Mine, TG-81 target, Golden Cache, Vasher and finally the No. 7 Mine in the northwest. The Mabel and Oro prospects occur between the No. 7 and Vasher but lie outside of the Property holdings. This report describes only the mineralization on the Canadian side. 351 diamond and percussion holes have been completed across the Lexington Property on its multiple targets, prospects and deposits. Underground development has been conducted on the City of Paris, Lexington-Grenoble deposit, Lexington and No. 7 Mine. The Lexington-Grenoble is currently in production by Merit Mining Corp. Gold and copper are the principal commodities of interest on the property, however, silver, lead, zinc and/or molybdenum elevations are present in some of the deposits. The gold and copper occurs in one of three styles of mineralization, all generally thought to be structurally controlled and related to faults and shear zones, stockwork fracture systems and favourable geological contacts. The primary style of mineralization occurs as somewhat tabular bodies within which are sheeted veins to stockworks of semi-massive to massive pyrite veins and veinlets with subordinate chalcopyrite and magnetite focused at the Lower Serpentinite-Dacite contact. Mineralization can occur in both units although the majority occurs in the Dacite unit. Occasionally, massive pyrite veins are devoid of gold grade. Gold values generally accompany elevated copper values, although petrographic work tells a different story. According to Church (1986), petrographic ore samples from the Lexington Property show that gold is associated with pyrite on fracture surfaces. Petrographic work by Gold City identified micron size gold within mm pyrite grains, as well as larger gold grains (30x100 micron) within interstitial carbonate to sulphides. Late andesite dykes sub parallel to the contact, as well as geometric irregularities in the surface of the contact appear to coincide where grade and thickness improve. The principal alteration is silicification and sericitization development in the Dacite unit and talc in the serpentinite unit. Deposits where this style of mineralization is present are Lexington-Grenoble deposit, TG-81 area, Golden Cache and Richmond Zone. 14

19 Assessment Report Lexington Property Diamond Drilling 15

20 Assessment Report Lexington Property Diamond Drilling A second style of mineralization is as disseminated and stockwork fracture-fillings of pyrite and lesser chalcopyrite in the sheared Dacite unit and serpentinite. This style is porphyry-like as dispersed low grade fracture-controlled copper-molybdenum-gold mineralization with accompanying sericite-silicification-pyrite-tourmaline alteration. Two vein populations are present; a quartz-pyrite+/- chalcopyrite-molybdenite veins and veinlets and pyrite-chalcopyrite veinlets. Disseminated pyrite +/- chalcopyrite also accompanies the veining. No potassic or propyllitic alteration zonation has been established. The porphyry copper-gold-molybdenum system appears to be an end member or weakened version of the primary massive vein style described above. The porphyry style mineralization is common at the Lexington-Grenoble deposit, City of Paris/Lincoln area and the No. 7 Mine. The third style of mineralization is quartz veins containing pyrite and base metal sulphides with gold and silver values. These deposit types attracted early exploration and production but remain as small targets. This style is present at City of Paris, Lincoln and No. 7 Mine. Each deposit and prospect is detailed below in geographic order from south to northwest and not in order of importance Richmond/Northwest Zone Mineralization of the Northwest Zone extends from the Washington State into British Columbia as the Richmond Area. The aerial extent of the Northwest/Richmond Zone is about 180 m long in the north-south direction and about 80 m wide in the east-west direction. The west side of this zone is also eroded away by the North Fork of Big Goosmus Creek. The mineralization at the Northwest/Richmond Zone is focused within the upper portion of the Lower Serpentinite which locally appears to be thrust related. Magnetite is common. Some of the best intercepts in the Northwest Zone appear to coincide with the north-trending antiformal axis marking the top of the Lower Serpentinite in the pit area. An example intercept from the Northwest Zone is % Cu and 0.2 oz/t Au from Azure Resources hole 85-1 at a depth of An example from the Richmond area on the New St. Maria/Orphan claims saw 9.1 m of 1.67% Cu and 0.15 oz/t Au from percussion hole R-18 at a depth of metres. A historic resource has been made on this zone (see Section 8: Mineral Resource Estimate) City of Paris and Lincoln Initially, interest in City of Paris was on a quartz vein in the Dacite near its upper contact with the Upper Serpentinite. At the turn of the century production of 2,124 tons graded 0.4 oz/t Au, 2.11 oz/t Ag and 3.1% Cu. The City of Paris vein is one of two sub parallel discontinuous quartz veins that extend about 450m in strike extent oriented north northwest. The City of Paris vein was dated at 50 million years by Church. This date corresponds to the age of the epithermal gold deposits in the Republic Graben such as K2 and Emmanuel Creek. It is possible that the City of Paris vein represents the northern extension of the Bacon Creek fault which is the western bounding fault of the Republic Graben. As the high gold and copper from the vein is somewhat reminiscent of the Lexington-Grenoble deposit grades it is possible that the two systems are genetically link. Furthermore, the steeply dipping City of Paris vein lines up with and overlies a portion of the shallow dipping Lexington-Grenoble deposit and may in fact be part of the copper-gold feeder to the Lexington-Grenoble deposit. At the Lincoln Mine, a tetrahedrite bearing quartz vein returned a few tons in 1960 averaging 0.5 oz/t Au and 83.8 oz/t Ag Lexington-Grenoble Deposit The Lexington-Grenoble deposit also known as the Main Zone was discovered in The zone subcrops on the steep slope above the Lexington-Grenoble adit. With surface drilling by various groups including Merit Mining Corp., the 115 metre long 1980 Lexington-Grenoble adit and its related underground drilling, and the 900 metre 16

21 Assessment Report Lexington Property Diamond Drilling long 1996 Britannia-Bren-Mar decline and its associated underground drilling, the Lexington-Grenoble deposit has been defined by 84 percussion and 267 diamond drill holes between 1967 and 2007 by various companies. The Britannia-Bren-Mar decline (3.0 metre by 3.6 metres) was installed in the massive Dacite, hangingwall to the Lexington-Grenoble deposit due to footwall serpentinite rock instability. The position of the decline, however, provided less than optimal drilling of the deposit. Previously, three cross-cut stubs were placed into or near high grade portions of the deposit. In October 2003, Gold City Industries completed a rehabilitation of the portal. Merit Mining Corp acquired Gold City Industries in late In 2006 Merit Mining Corp commissioned the current Resource Estimate by P & E. The deposit is currently in production by Merit Mining Corp. The Lexington-Grenoble deposit has elements of structural and stratigraphic control with an overprinting porphyry copper system. It has been interpreted that the Dacite unit at Lexington is within an upper thrust plate that slid over the lower serpentinite and that the Lexington-Grenoble zones are structural replacement mineralization within the basal part of this upper plate. This thrust would likely be a sub thrust of the No. 7 Fault. The basal part of the Dacite unit is a 25 metres thick dacitic pyroclastic unit that would tend to shear along bedding planes, thus having an element of favoured stratigraphic control. Furthermore, a low grade gold-copper-molybdenum porphyry system immediately overlies the pyroclastic host of the Lexington-Grenoble deposit. The similar metal association in the Lexington-Grenoble deposit may represent an end member or partial episode of the modified porphyry systems present here and elsewhere along the 3 kilometre trend of copper-gold mineralization associated with the No. 7 Fault. It is interpreted that subsequent to the thrusting event rising hydrothermal porphyry copper-gold-moly fluids invaded the structural setting, focusing the majority of its metal into concentrated Lexington-Grenoble zones at the base of the upper plate. Remaining hydrothermal fluids escaped above and resulted in the overlying low grade copper-gold-moly deposit in the dacite unit. The Lexington-Grenoble deposit is composed of multiple shallow to moderately dipping closely spaced overlapping en echelon zones appearing to be confined to a basal pyroclastic unit within the dacite unit. At least twelve individual zones have been interpreted by P. Cowley (2006); from bottom to top, Z3, Z2, Z1, A-, A, A, A+, B-, B, B+, C and TG-81. These zones range from 1-24 metres thick but commonly are 1-6 metres thick. The most robust zones are the A-, A, A+ and B zones. The series of zones collectively lie within a volume of rock resembling a flattened arcuate cigar. The long axis of the cigar trends 110 and has been traced by drilling for at least 525 metres long, metres wide normal to the long axis and 25 metres thick vertically. The edges of the zones are gradational. The deposit lies at the contact or just above the lower serpentinite unit reflecting its dip at about to the northeast. Over 90% of the mineralization is hosted in the dacite unit, with only minor mineralization in serpentinite. The footwall of the deposit has a sharp tectonic contact of broken and crushed serpentinite and subordinate gouge. It is interpreted that the dacite unit in the upper thrust plate slid over serpentinite. Later, rising hydrothermal porphyry copper-gold-moly fluids invaded the structural setting, focusing the majority of its metal into concentrated Lexington-Grenoble zones at the base of the upper plate. Remaining hydrothermal fluids escaped above and resulted in the overlying low grade copper-gold-moly deposit in the dacite unit. The individual zones comprise a congregation of massive sulfide veins, veinlets and disseminations. The massive sulfide veins tend to have a favored dip of between 20 and 35 towards the northeast, east and southeast. Some of the veins are foliation parallel. These orientations were established from the core orientation program implemented during the 2003, 2004 and 2005 HQ diamond drilling programs (EasyMark method). The veins are predominantly pyrite with subordinate later chalcopyrite. Magnetite is present in the veins hosted in serpentinite. There appears to be two pulses of gold, one associated with the chalcopyrite event and one associated with epithermal pathfinder elements. Individual veins range from 0.1 to 200 centimetres wide but are commonly 1-50 centimetres. The lateral extent of individual veins is not known but each zone is reasonably well defined by multiple overlapping veins. Above the B Zone the density and thickness of veins and disseminations gradually decrease upwards in the basal pyroclasitic unit. Sulfide content as disseminated and veinlet pyrite and lesser chalcopyrite decreases from 2-5% sulfide within 1-3 metres of a zone to 1-2% sulfide. Copper grades in the individual zones are commonly 1.5% but can reach 9.4%. A somewhat abrupt change occurs above the basal pyroclastic unit hosting the massive veining. Overlying the pyroclastic unit is a variety of massive porphyritic rocks, feldspar porphyry (FP), quartz-feldspar porphyry (QFP) and quartz porphyry (QP) as well as aphanitic rock of the same intermediate composition. These porphyries are quartz-sericite altered, partially to fully obliterating textures. In this series of rocks the mineralization resembles typical porphyry copper-molybdenum mineralization. At least two populations of veining occurs, quartz-pyrite- 17

22 Assessment Report Lexington Property Diamond Drilling chalcopyrite+/- molybdenite, tourmaline veins and later pyrite-chalcopyrite veinlets. Molybdenite occurs as painted surfaces on fracture faces. the fall 2003 drilling it appears that there are two vague horizontal zones of molybdenum veining each about 25 metres thick. The copper grades typically hover about 0.2% Cu from surface to about 125 metres in depth in the area of the fall 2003 drilling. Gold accompanies the copper mineralization with values hovering around 250 ppb Au and locally up to 1.5 g/t Au. The aerial extent of this mineralized system covers an area of 900 metres by 300 metres (B.C. Minfile). The copper zone occurs as a continuum from the City of Paris to the Old Lexington deposit between the Upper and Lower Serpentinites. Barren post mineral sill-like pulaskite andesitic and diorite dykes intrude and disrupt the continuity of the deposit. During 2007, a total of 10 HQ diamond drill holes (DHL07-01 to DHL07-10) were drilled in the up dip and down dip projection of the Lexington-Grenoble deposit (see Figure 5). Geological logs and assay data can be found in Appendix I and II. Figure 5: Lexington-Grenoble and TG-81 Deposit Surface Diamond Drilling Old Lexington The Old Lexington deposit is not the principal mineralized deposit despite the use of its name for the property. The deposit comprises large disseminated and fracture-controlled pyrite-chalcopyrite mineralization hosted in the Dacite unit. This is similar to mineralization at Lincoln, City of Paris and in the Lexington-Grenoble deposit immediately above the high grade replacement-style mineralization as an outwardly decreasing intensity of mineralization. According to the British Columbia Ministry of Energy, Mines and Resources Minfile database: 18

23 Assessment Report Lexington Property Diamond Drilling The principal mode of occurrence of the main minerals, pyrite and chalcopyrite, is in fractures and disseminations and to a less extent in quartz stockworks. The rock is commonly leached at surface, with fracture faces being coated with limonite and malachite or black manganese oxide. Fractures are strongly developed locally and the intensity of mineralization appears proportional to the relative development of fractures. A statistical study of fractures in the quartz porphyry shows two fracture directions, a dominant direction striking 125 degrees, dipping 55 degrees northeast, and a weaker system striking 160 degrees, dipping 50 degrees northwest, and 101 degrees and dip steeply, respectively. The broadest exposed area of fair to good mineralization is centered about 243 metres north of the City of Paris portal. Smaller areas are found 152 metres south of the Lincoln portal TG-81 Area The TG-81 zone was discovered by Teck Exploration Ltd. drill hole TG-81 in The blind deposit is located 150 meters north of the Lexington-Grenoble deposit adit and 100 metres southeast of the Old Lexington underground workings. The deposit is at a depth of between 75 m and 190 metres below surface. The TG-81 Zone is hosted in the Lower Serpentinite near its upper contact with the overlying Dacite. The thickest and highest grade portions form in rolls and structural depressions in the upper contact of the serpentinite. Further drilling is required to define its shape, orientation and extent. Mineralization is structurally controlled replacement magnetite-talc sulphide zones similar to the Lexington-Grenoble deposit. In 2007, 9 diamond drill holes DHL07-11 to DHL07-19 were drilled in the TG-81 area (see Figure 5). The geological logs and assay data are attached in Appendix I and II Golden Cache At the Golden Cache, gold and copper mineralization is focused along the sheared Lower Serpentinite-Dacite contact. Bands of massive magnetite and subordinate bands of massive pyrite or altered serpentinite with magnetite characterize the style of mineralization. In 1993 a trench exposed a 2.0 metres zone grading oz/t Au and 2.22% Cu (0.75metre true width). Follow-up drilling in the area of the trenching cut similar mineralization in several localities along the contact. The best intercept averaged oz/t Au and 0.768% Cu across 0.9 metres. Post mineral andesite dykes cut this mineralization in places Vasher Zone A further 250 metres north of the Golden Cache lies the Vasher Zone. Here, the gold mineralization is hosted in a foliated albite leucogranite dyke intruding altered serpentinite. The dyke trends 080 o and dips 45 o north. Gold values, albeit low, are linked to the most intense zones of silicification, sericite and pyrite. The silicification is in the form of quartz veinlets and silica flooding No.7 Mine The No. 7 Mine forms the last deposit in the string of deposits, mines and prospects on the property. Here, quartz veins are hosted in serpentinite near its contact with the overlying Knob Hill rocks. The veins are discontinuous, lenticular and sheared. The veins vary in thickness from a few centimetres to 1.5 metres, however, may reach 300 metres long. Within the veins are assemblages of pyrite-galena-sphalerite, pyrite-chalcopyrite or tetrahedrite. Recorded production of 15,152 tons yielded an average of 0.2 oz/t gold and 6.59 oz/t silver. Another style of mineralization also occurs at the No. 7 Mine. A pervasively altered and pyritized zone in sheared quartz porphyry and chlorite schist of the Dacite adjacent to serpentinite contains low gold values. Inadequate exploration has been committed to this style of mineralization to determine its significance. 19

24 Assessment Report Lexington Property Diamond Drilling 8 Mineral Resource Estimates 8.1 Lexington-Grenoble Deposit A number of resource estimates have been done by various workers. A list is provided below of the author and their calculations as a historical record only. These are not declared resources on the property, and should not be relied upon but remain historic figures. Table 4: Historic Resource Estimates of the Lexington-Grenoble Deposit Author Date ns Au Grade (oz/t) Cu Grade (%) Parameters Phendler , m polygon influence Page , m polygon influence Wortman , Butler Butler , Ball , In 2004, Snowden conducted a mineral resource estimation, where the Indicated Mineral Resource at Lexington was estimated at 152,600 tonnes at grades of 10.3 g/t gold and 1.6% copper or a gold equivalent of 13.8 g/t. Inferred Resources were estimated at 58,300 tonnes grading 10.2 g/t Au and 1.7% Cu or a gold equivalent of 13.8 g/t above the same gold equivalent cut-off grade. The most recent resource estimate (NI compliant) was undertaken by Eugene Puritch, P.Eng. of P&E Mining Consultants Inc., in October The estimation of Mineral Resources of the Lexington-Lexington-Grenoble deposit was conducted using the Canadian Institute of Mining, Metallurgy and Petroleum (CIMM) Standards on Mineral Resources and Reserves, Definitions and Guidelines prepared by the CIM Standing Committee on Reserve Definitions and adopted by CIM Council December 11, The estimates have been classified with respect to CIM Standards as Measured, Indicated and Inferred, according to the geological confidence and sample spacing s that currently define the deposit. At a cut-off grade of 6.0 g Au/t equivalent (AuEq), the currently defined Lexington-Lexington-Grenoble is: Table 5: Current Resource 6.0 g/t Au Equivalent Cut-Off Grade Classification nnes Au g/t Au Eq g/t Au oz Cu million lbs. Measured 6, , Indicated 291, , Meas & Ind. 297, , Inferred 45, , Richmond Zone Ebisch (1990) reports on resource numbers for the Northwest Zone and Richmond Zone. No background information is provided as to who did the resource or what parameters were used. The purpose of reporting these numbers here is as historic figures only. As they pre-date National Instrument , it does not comply with NI requirements for mineral resource estimation. The Northwest Zone is reported to have a geological resource of 950,000 tons averaging 1.04% Cu and 0.03 oz/t Au with a cut off of 0.3% Cu. The Richmond Zone is reported to have a geological resource of 1.5 million tons grading 0.95% Cu. 20

25 Assessment Report Lexington Property Diamond Drilling 9 Drilling Program A total of 19 HQ diamond drill holes (for a total of m) were drilled on the Lexington Property between September 24 th and November 16th, The holes were logged by Merit Mining Corp geologists on site. Foraco Drilling Ltd. of Kamloops, BC conducted the drilling on a 2-12 hour shift basis. Core was logged on site and later transported to the Company s Grand Fork office/facilities for cutting, sample dispatching and storing of the core. Mineralized zones of core were cut in half and dispatched to Eco Tech Laboratory Ltd. of Kamloops, BC. A total of 1118 core samples were analysed, along with 61 standards and 62 blanks. The diamond drilling was focused in two main zones: the TG-81 area and the Lexington-Grenoble area. The diamond drill hole collars were surveyed at the completion of the program. Table 6: Drill Hole Information Hole ID Area Easting Northing Elevation Depth Dip Azimuth (m) (m) (m) (m) DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL Lexington-Grenoble DHL TG DHL TG DHL TG DHL TG DHL TG DHL TG DHL TG DHL TG DHL TG All of the 2007 drill holes are reported in this report. However, there are certain drill holes which were drilled on Crown Grants overlapped by Mineral Title Claims not held by Merit, and as such, are not eligible to be included for assessment credit. The holes that are excluded from the cost statement are DHL07-01, 2, 9, 10 and 14 through

26 Assessment Report Lexington Property Diamond Drilling Table 7: Lexington-Grenoble Deposit 2007 Drill Highlights Drillhole ID (m) (m) Length (m) Gold (g/t) Copper % DHL DHL DHL DHL DHL DHL DHL DHL DHL DHL Holes DHL07-1 through 10 were drilled to expand the up dip or downdip edges of the Lexington-Grenoble deposit. Holes were placed to intercept 20 m outward from previous drilling defining the deposit. DHL07-1 through 10 intercepted light grey dacitic porphyry and dacitic pyroclastics before entering the basal dark green slightly talc altered serpentinite. The dacitic rocks were variably altered by quartz-sericite +/- chlorite with moderate intensity where disseminated, foliation parallel shallow dipping veinlet and vein pyrite and chalcopyrite gold mineralization was developed, typical of Lexington-Grenoble zones. The highlighted intercepts of elevated gold and copper coincide with either up dip or downdip extensions to known Lexington-Grenoble zones making up the deposit, thus marginally expanded the deposit resource. The majority of the deposit edges have still not been closed off by drilling. Table 8: TG-81 Target 2007 Drill Highlights Drillhole ID (m) (m) Length Gold (g/t) Copper (m) % DHL DHL DHL DHL DHL DHL DHL DHL

27 Assessment Report Lexington Property Diamond Drilling Holes DHL07-11 through 19 were drilled to expand two pods of gold-copper mineralization known as the TG-81 area. These pods are part of the resource and mine plan for Lexington. Holes were placed to intercept 20 m outward from previous drilling defining the pods. DHL07-11 through 19 intercepted light grey dacitic porphyry and dacitic pyroclastics before entering the basal serpentinite. The dacitic rocks were variably altered by quartz-sericite +/- chlorite with weak intensity where mild disseminated, veinlet and vein pyrite and chalcopyrite gold mineralization was developed. Approximately 15-25m within the dark green serpentinite unit, several zones of disseminated, foliation parallel shallow dipping veinlet and wispy chalcopyrite gold mineralization were intersected typical of TG- 81 area. These intercepts occur in generally more competent and massive serpentinite surrounded by slightly sheared and foliated serpentinite. The highlighted intercepts of elevated gold and copper show as up dip and lateral extensions to known TG-81 pod mineralization. The 2007 drilling in the TG-81 area expanded the TG-81 mineralization. The area between TG-81 and the Lexington-Grenoble should be explored by drilling. It is possible that the two may somehow physically connect even though they occur at slightly different stratigraphic levels. The Lexington-Grenoble deposit lies at and above the basal serpentinite, whereas the TG-81 mineralization occurs 15-25m within the basal serpentinite. 10 Conclusions The Greenwood area is a strongly mineralized region, ranking sixth largest in gold production in British Columbia with 1.2 million ounces of gold. Much of the production was from the Phoenix copper-gold skarn, 9.5 kilometres from the Lexington-Grenoble deposit on the Lexington Property. The Republic district of northern Washington, USA 45 kilometres south of the claims has produced 2.5 million ounces of gold from epithermal deposits with grades typically better than 0.5 oz/t Au. gether with recent exploration discoveries immediately south of the border, past production and resources of the area between Greenwood and Republic exceed 7.4 million ounces of gold. The geological setting of the Lexington Property is dominated by a major 600m wide tectonic shear zone, the No. 7 Fault. The property covers a series of former mines, advance stage deposits with resources, mineral prospects and exploration targets all associated spatially and probably genetically to the No. 7 Fault Zone. Gold and copper are the principal commodities of interest on the property in a variety of mineralizing styles. The primary style of mineralization occurs as relatively tabular bodies of semi-massive to massive magnetite-pyrite veins and veinlets with subordinate chalcopyrite carrying significant gold and lesser copper focused at the Lower Serpentinite-Dacite contact. The porphyry copper-molybdenum-gold mineralization in the trend could also be a substantial target. The Lexington-Grenoble deposit currently in production by Merit is composed of multiple overlapping zones each comprised of disseminated to massive sulphide vein complex. The genetic model for the deposit is as a structurally controlled replacement type deposited along structurally favourable foliations within the basal pyroclastic unit of the upper thrust plate overriding serpentinite. On a broad sense the deposit has been confined to a volume of rock modeled as an elongate, sinuous, flattened cigar-shaped zone about 525 m along strike, m perpendicular to the strike and 25 m vertical thickness, trending 110 o along the long axis. There is significant potential to add resources down plunge and widen the Lexington-Grenoble deposit and other mineralized targets on the property. The Lexington-Grenoble deposit is defined by 84 percussion and 265 diamond drill holes. A 900 metre long decline was installed in 1996 with two cross-cuts in ore grade material. In October 2006, P&E Mining Consultants prepared a NI compliant resource estimate for the Lexington-Grenoble deposit of combined Measured and Indicated resource of 297,000 tonnes grading 8.36 grams Au per tonne and 1.35 percent copper and an Inferred resource of 45,000 tonnes grading 6.58 grams Au per tonne and 1.03 percent copper. De-watering, rehabilitation, and development of the Lexington-Lexington-Grenoble mine commenced in July Construction of a 200 tonne per day gravity/flotation mill and tailings facility No. 1 commenced in late August On May 8, 2008 the Company received its operating permits for the Lexington-Grenoble gold/copper Mine and Greenwood Mill to operate at a production rate of 72,000 tonnes per annum (~ 200 tonnes per day). The company reached commercial production at its Greenwood Mill on June 1,

28 Assessment Report Lexington Property Diamond Drilling A total of 19 HQ diamond drill holes (for a total of m) were drilled on the Lexington Property between September 24 th and November 16th, The diamond drilling was focused on the edges of the Lexington- Grenoble deposit and the TG-81 area with the objectives to expand the mineralization. Holes were placed to intercept 20 m outward from previous drilling defining the deposit. Ten holes were drilled to expand the up dip or downdip edges of the Lexington-Grenoble deposit. Each hole intersected weak to moderately developed disseminated, foliation parallel shallow dipping veinlet and vein pyrite and chalcopyrite mineralization with gold typical of Lexington-Grenoble zones. Six of the ten holes extended the either up dip or downdip to known Lexington-Grenoble zones, thus marginally expanded the deposit resource. Nine holes were drilled to expand two pods of gold-copper mineralization known as the TG-81 area which are part of the resource and mine plan for Lexington. Five of the nine holes intersected disseminated, veinlet and vein pyrite and chalcopyrite mineralization with gold up dip and lateral to one of the pods, thus expanding its dimensions. 11 Recommendations Exploration drilling should continue on the Lexington Property to find additional resources. Drilling for the up and down dip potential on the Lexington-Grenoble deposit is warranted as the deposit remains open in those directions along much of the deposit. The TG-81 Zone, which lies about 80m from surface and about 150m northwest from the 1996 underground decline on the Lexington-Grenoble deposit should receive further drilling to delineate its full extent. It is possible that the two may somehow physically connect even though they occur at slightly different stratigraphic levels. The Lexington-Grenoble deposit lies at and above the basal serpentinite, whereas the TG-81 mineralization occurs 15-25m within the basal serpentinite. 12 References Ball, M., Notice of Work for Underground Development on the Lexington Property 1995 for Britannia Gold Corp., May 26. Ball, M., Results of Water Analyses on the Lexington Property 1995 for Britannia Gold Corp., May 26. Ball, M., Results of Acid-Base Accounting Analyses on the Lexington Property 1995 for Britannia Gold Corp., June 14. Betmanis, A.I., Assessment Report on Diamond Drilling on the Goosmus Group of Mineral Claims, Greenwood Mining Division, May 26. Burns, N., and Cowley, P Technical Report Lexington-Grenoble Deposit, Lexington Property, Greenwood, British Columbia, Canada, July 21. Butler, S.P., and Ronning P Report on the 1993 Lexington Project for Britannia Gold Corp., February 15. Butler, S.P., Notice of Work for Underground Development of up to 25,000 T.P.Y. of Ore on the Lexington Property and Metallurgical Processing at the Roberts Creek Mill Site for Britannia Gold Corp., March 25. Butler, S.P., Application for Tailings Impoundment Development and Mill Operation of 20,000 T.P.Y. of Ore at the Roberts Creek Mill for Britannia Gold Corp., April 9. Butler, S.P., Application for Underground Development of 20,000T.P.Y of Ore on the Lexington Property for Britannia Gold Corp., April 15. Butler, S.P., Application for Tailings Impoundment and Mill Operation of 20,000 T.P.Y of Ore at the Roberts Creek Mill for Britannia Gold Corp., May

29 Assessment Report Lexington Property Diamond Drilling Butler, S.P., Assessment Report on the Lexington Property for Britannia Gold Corp., February 25. Caron, L., Summary Technical Report and Recommended 1999 Work Program, Golden Crown Property, for Century Gold Corporation, March 22. Caron, L., June-July 1999 Trenching Program Summary, Golden Crown Property, for Century Gold Corporation. Church, B.N., Report on the Lexington Property: in Geology, Exploration and Mining in British Columbia, pp Church, B.N., Lexington: in Geology, Exploration and Mining in British Columbia, pp Church, B.N., Geological Setting and Mineralization in the Mount Attwood Phoenix Area of the Greenwood Mining Camp, BCDM Paper Church, B.N., Mineral Potential of the Okanagan Similkameen Boundary Area (82E, 82L/SE, SW, 92 H/SE, NE, In Geological Fieldwork 1994, British Columbia Geological Survey Branch, Paper Church, B.N., Metallogeny of the Greenwood Mining Camp, for CIM presentation, Vancouver, Spring Cowley, P.S., and Puritch, E., Technical Report Lexington-Grenoble Deposit, Lexington Property by P&E Mining Consultants Inc. for Merit Mining Corp., October 20. Daughtry, K.L., Report on the Lexington- Lone Star Project for Britannia Gold Corp., March 25. Daughtry, K.L., Revised Report on the Lexington- Lone Star Project for Britannia Gold Corp., July 6. Daughtry, K.L., Report on Work in Progress at the Lexington Project, for Britannia Gold Corp., April 16. Daughtry, K.L., Report on Work in Progress at the Lexington Project, for Britannia Gold Corp., May 26. Ebisch, J.F., Geology and Mineralization at the Lone Star Property, Ferry County, Washington and Greenwood Camp, B.C. for Kennecott Exploration Company, February. Ebisch, J.F., Lone Star Project Report, Ferry County, Washington, January. Ebisch, J.F., Geology of the Lone Star Property, Ferry County, Washington, for Northwest Washington Geological Society Meeting, July. Fyles, J.T., Geology of the Greenwood Grand Forks Area, British Columbia, NTS 82E/1,2, British Columbia Geological Survey Branch, Paper Kyba, B.W., Assessment Report on Geological, Geochemical and Geophysical Surveys and Trenching On the No. 7 Property, Greenwood Area, Greenwood Mining Division, B.C., December 17. Little, H.W., Geology of the Greenwood Map area, British Columbia, GSC Paper Liu, Q., Preliminary Metallurgical Testing of Samples from the Lexington Deposit for Britannia Gold Corp., Process Research Associates, February 9. McDougall, J.J., Report on Richmond - Lone Star, Greenwood Mining Division and Ferry County for Kassan Resources Inc., January

30 Assessment Report Lexington Property Diamond Drilling McDougall, J.J., Report on Lone Star Copper-Gold Property, Ferry County, Washington for Britannia Gold Corp., March 10. McElroy, R., Lexington Project Disposal of Tailing from Bulk /Processing Test, Fluor Daniel Wright Ltd. Letter to Britannia Gold Corp., July 21. Makepeace, D., Geological Report, Boundary Project, for Gold City Industries Ltd., April. Moss, R.D., Report on the 1988Diamond Drill Programme Lexington Copper-Gold Property, Greenwood Mining Division for Candol Developments Ltd., May 20. Miller, R.E., Phoenix Gold Resources Ltd. Summary Report on Phoenix Gold Claims, for Sookochoff Consultants Inc., August 31. MINFILE, B.C. Mineral Property Database, Geological Survey Branch Mineral Resources Division, Ministry of Energy, Mines and Petroleum Resources. Olsen, M.T., Report on Tailings Disposal, Boundary Falls Project, Greenwood, B.C. for Roberts Mines Ltd., May 1. Page, R.P., Interim Report on the Lexington-Grenoble/Lexington Properties, Greenwood Mining Division for Teck Exploration Limited, February 24. Peatfield, G.R., Geological History and Metallogeny of the Boundary District, Southern British Columbia and Northern Washington, PhD Thesis, Queen s University, June. Pitman T. and Chambers, R.W., Boundary Falls Tailings Facility Geotechnical Design for Britannia Gold Corp., May 14. Price, W.A. and Errington, J.C., ARD Guidelines for Mine Sites in British Columbia, Mine Review and Permitting Branch of Ministry of energy, Mines and Petroleum Resources, January. Price, W.A. and Koyanagi, V.M., ARD Review of the Lexington Main Zone Development Proposal, Draft Memorandum to Joe Seguin, Inspector of Mines, Ministry of Energy, Mines and Petroleum Resources, August 2. Puritch, E., and Roxburgh, J Technical Report and Preliminary Economic Assessment on the Greenwood Gold Project, November 30. Read, P.B., Structural Geology of Lone Star and Lexington Properties for Britannia Gold Corp., July 5. Rescan Engineering Ltd., Britannia Gold Corp. Lexington Project, Order of Magnitude Cost Estimate for Britannia Gold Corp., July. Shearer, J.T. and McClaren M., Summary Report on the Lexington (City of Paris, Lexington and Lincoln Claims) for Britannia Gold Corp., December 20. Shearer, J.T. and Butler S.P., Diamond Drilling and Trenching Report on the Lexington Project Vasher Zone, Lincoln/T-50 Area and Main Zone (City of Paris, Lexington and Lincoln Crown Grants), May 20. Shearer, J.T., Geological and Magnetometer Summary Report on the Lexington Project (City of Paris, Lexington and Lincoln Claims and Vasher Zone Lot 1095 Notre Dame des Mines), April 1. Wortman, D., Lexington-Grenoble Project Preliminary Mining Study for Britannia Gold Corp., April 3. 26

31 Assessment Report Lexington Property Diamond Drilling Wyslouzil, D.M. and Sarbutt, K.W., An Investigation of the Recovery of Copper and Gold from samples submitted by Teck Corporation by Lakefield Research of Canada Ltd., April

32 APPENDIX I DRILL LOGS

33 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 1 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% OVBR m Casing DAC m Light grey-greenish strongly weathered and broken dacite with multiple fractures filled with limonite veinlets of quartz, traces of malachite, especially along breaks and fractures Fault m Fault with extremely broken to less than cm in size clast, totally oxidized, rusty, water circulation altered the dacite giving it a brownish colour DAC m Same as the above section 4.50m-20.75m MDIO m Strongly weathered, dark grey brownish microdiorite, dyke with very fine phenocryst of plagioclase, horneblende and biotite in a dark mass, Uncertain entry contact, 50o to CA lower conatct

34 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 2 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% DAC m light green partially foliated with 35 to CA, dacite with very few mm veinlets of quartz sometimes associated with crystals of pyrite from m a shear zone with strong oxidized dacite and traces of oxidated sulphides which gives the DACP rock red-brownish color; to CA DACP m Ligth grey dacite porphyry with sericite and silica alteration overprinted. The rock is massive and still keeps the intial structures of an andesite? with porhyroblasts of white quartz and feldspar in a microcrystalline mass DIOR m Massive drk grey diorite (micro) with white phenocrysts of plagioclase and quartz, black biotite dark green to black hornblende 10 to CA

35 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 3 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% DACP m Ligth green dacite (dacite porphyry) with fine (up to 1 cm in size) quartz veinlets with traces of malachite, dissemination especially along fissures at 68m and from 73-75m DAC m Dacite with sporadic dissemination of py-cpy S Tr DAC m Rich dissemination and stringers of cpy in foliated (80 to CA) diorite, strongly silicified S DAC m Pervasive fine dissemination of cpy also filling cracks and as well as small stringers, brecciated M with quartz and chorite 1 to 3% cpy up to 1%, moly on fractures M CGS-10 M M M DAC 82-86m The same dacite with fine sporadic dissemination of cpy, mostly along fractures M from m along the core at 30 to CA, quartz 2 to 3 cm veinlet of cpy associated with quartz cuts the M core M DAC m Light green dacite with very sporadic dissemination of py+/-cpy, some moly along fissures, rare in quartz veinlets Tr BL Tr Tr

36 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 4 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% S 1 Tr S 1 Tr S 1 Tr S 1 Tr DAC m Strongly silicified dacite with pervasive porphyry style dissemination (sporadic) of py+cpy, light foliation S 1 Tr making to CA is overprinted S 1 Tr S Tr Tr S Tr Tr S Tr Tr DACP m Dacite Porphyry with some light grey color porphyrytic structures given by white feldspar and quartz, S Tr Tr porphyroblasts in a microcrystalline structure, rare Mt crystals in the whole mass S Tr Tr S Tr Tr DIOR m Massive grey diorite making 45 to the CA

37 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 5 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% bdl DAC m Ligth green dacite with sporadic dissemination of py, secondary cpy. Between and foliation M making 50 to CA, associated with strong silicification and stringers of mainly pyrite, secondary cpy overprinted M M CGS-10 M M M 1 Tr M 1 Tr M 1 Tr M 1 Tr M 1 Tr M M M BL S M S M DAC m Dacite with sporadic dissemination of py, traces of cpy M M M M M M 1 Tr S M S M

38 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 6 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% DAC m Same dacite with core stringers of py+cpy, generally with irregular but steep qtz veining S M DAC m Dacite with rich disseminatin of py, cm stringers of sulphide, 1-3cm S M 10 Tr S M S M S M S M S M S M S M S M CGS DAC m band of massive py-cpy followed down to by massive dacite with sporadic dissemination S M and rare stringers S M S M 20 3 Tr S M DAC m Dacite with sporadic dissemination of py+cpy S M S M S M S M S M 3 Tr S M 1 Tr S M 2 Tr S M 5 Tr S M Tr Tr S M 2 Tr DAC m Same dacite with sporadic dissemination with local enrichments, no wider than 20cm of rich S S dissemination combined with stringers of semi-massive ore (174.3, 176.3, and m) S S 5 Tr BL-2 bdl m Very strong chloritization S VS DAC m Massive dark grey strongly silicified dacite, aspect of black quartzite with very sporadic crystals VS Tr EOH of py and crosscutting veinlets of white quartz, from m Fault 10cm thick with kaolin

39 Hole No: DHL07-01 tal Depth: 179m Dip: o Azim: o Page: 7 of 7 Coords.: E N Z: m Start & Finish Date/Time: Sept 24, Sept 29, 2007 Geologist: John Rus Lithology Mag% Note: DOWN HOLE SURVEY AT 0.00M, AZ o, DIP-87.50o AT 85.00M, AZ o, DIP-86.90o AT M, AZ o, DIP-88.80o CGS

40 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 1 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology Mag% OVBR m Casing DAC m Strongly weathered fissured and broken dacite with fissure and breaks filled with limonites and traces of malachite, millimeter veins of silica crosscut the dacite at various angles M DAC m Same, light green dacite with multiple fractures and fissures filled with limonite. Between M 15m and 23m the dacite contains some sporadic dissemination of py and cpy along fissures M Tr Tr associated with quartz M Tr Tr M Tr Tr M Tr Tr M Tr Tr M Tr Tr W M Tr Tr W M Tr Tr DAC m Same dacite+traces of malachite W M Tr Tr W M Tr Tr W M Tr Tr DIOR m Grey diorite with phenocrysts of quartz, albite, hornblende and biotite in a mass, oxidation free W M Tr Tr plagioclase, unknown angle chlorite on fractures, med-dark greyish brown dyke lower contact 70 to CA, crowded plagioclase phenocrysts 1+/-2mm, CA

41 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 2 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology mag% DACP m Feldspar Porphyry massive 1-3 mm plagioclase pheno 20-30% in medium greenish grey very W W 3 Tr Tr 1 fine grained groundmass, unit appears heamatite and biotite altered with brown shade- influence of dyke, W W 3 Tr Tr oxidized, trace malachite W W 3 Tr Tr DACP m Feldspar Porphyry (Dacite) unit as above but brown shadow gone, 1-3mm plag pheno anhedral W W 5-8 Tr Tr as diss+ med grey+/-green, massive, slight oxidized fracture planes, weak-mod silicified+chl, qtz vein irregular W W 5-8 Tr Tr, pyrite is fracture planes but mostly oxidized, qtz veining 1-3mm m qtz veining generally W W 5-8 Tr Tr are 1/2-1cm wide with more sx gone to several 1 cm pyrite (ms) veins W W Tr partially gone to to CA, qtz veining generally 20-30o to CA, sharp lower contact in dyke 50o to CA W W 10 1 Tr W W 10 1 Tr W W 10 1 Tr W W Tr W W Tr W W 10 Tr Tr W W 5 Tr Tr W W 5 Tr Tr W W 1-3 Tr Tr W W 1-3 Tr Tr W W 1-3 Tr Tr W W 1-3 Tr Tr W W 1-3 Tr Tr W W 1-3 Tr Tr DYKE m Dyke massive, dark grey, magnetic, 50-60% 1mm euhedral plag phenos in dark grey very fine W 1 grained groundmass, minor calcite hairline veinlets, lower contact 40o to CA, sharp contact, unit is magnetic W Tr DACP m Dacite-FP as above 2mm anhedral plag phenos, med grey 1mm-3mm qtz vng in ox (Fe+Cu) W W 5 Tr associated fracture planes with FeOx+/-malachite, unit broken-blocky, lower contact in broken ground DYKE m Dyke as above, massive, magnetic, dark grey 70% pla phenos 1mm euhedral in dark grey very 1 fine grained groundmass, upper contact in broken rock, lower contact to CA 1

42 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 3 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology DACP m Dacite-QFP as above 2mm anhedral plag phenos 30-40%, 1-2% qtz ayes 1-2mm, locally milky W W M 3-5 Tr Tr foliated, medium green, contact area for 50 cm has brown tinge from influence of dyke, still planes, qtz units W W M % locally stockwork, diss+weak fracture/veinlet py+cpy+malachite, phenos some what align W W M 3-5 Tr 0.5 W W M 3-5 1/4 Tr W W M 3-5 1/4 1/ DACP m Dacite light grey green, more massive, QFP but phenos not aligned as above, fault M M W 10 1/2 1/ phenos of plag,qtz eyes present, more qtz vng, 1-2mm planar qrtz veins with minor diss py-cpy, M M W 10 1/2 1/ cpy as cluster diss M M W 10 1/2 1/ CGS DACP m Dacite med green, FP massive, 30% plag phenos euhedral, more chloritic than above M M W 10 1/2 1/ BL-2 bdl M M W 10 1/2 1/ DACP m Dacite-vague QFP massive more silicified light grey-green, more sx diss+ and 1-2mm py W W M 3 1/2 1/ vng as well as weak stwk of hairline sx veinlets, minor Mo on some slip panes, cpy appears to be associated W W M 3 1/2 1/ with the silicification+qrtz veining W W M 3 1/2 1/ DACP m Dacite-vague FP-QFP massive 1-3mm anhedral pheno of plag+qrtz, med grey-green, less silcified W W M 10 1/2 1/ and more chlorite, less sx, Moly on slip here+ther (every 1m) locally more silicified, 87-88m multiple Moly W W M 10 1/2 1/ slip surfacesat 20o to CA, diss cpy associated qtz veinlets+diss in rock in clusters+dissemination W W M 10 1/2 1/ hairline veinlets W W M 10 1/2 1/ W W M 10 1/2 1/2 W W M 10 1/2 1/2 W W M 10 1/2 1/2 W W M 10 1/2 1/2 W W M 10 1/2 1/2 W W M 10 1/2 1/2 W W M 10 1/2 1/2 Mag%

43 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 4 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology M M M 5 1/2 1/ M M M 5 1/2 1/ M M M 5 1/2 1/ M M M M M M M M M M M M M M M M M M Siltstone m Dark grey, upper lower 70o to CA, sharp contact, no sx M M M TUFF m TUFF moderately green+med dark grey, banded laminated, lower 85o to CA, tr diss W W M 1 Tr Tr py+cpy-rare band 2-3cm with 5% cpy local epidote alteration W W M 1 Tr Tr DAC m DACITE: light greenish grey, non descript- no apparent phenos, mod-str silicification diss py, M S W 10 Tr Tr trace Moly slip 10o to CA, cpy tr to locally 1/2%, 1cm py (40%) 45o to CA at m, mild foliated M S W 10 Tr Tr M S W 10 Tr Tr M S W /2 M S W Tr M S W Tr M S W Tr M S W Tr DYKE m DYKE massive, magnetite, 40% plag phenos 1mm in dark grey groundmass, upper contact W at 65o to CA, chlorite-calcite fracture planes W W W W W W W W W Pyrh%

44 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 5 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology Pyrh% W W W W W W W W W W W W W W W W W W W W W W W W W W W W W W 0 0 0

45 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 6 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology DYKE lower contact sharp at 60o to CA W DAC m DACITE fine QFP texture, qtz eyes 2-3mm but most is obliterated by pervasive sillicification, unit M S W Tr is light grey with <20% flakes of mafic phenos, massive to slightly foliated, py as diss+minor as hairline vnlts M S W / DACT (discontinuous), qtz veining irregular M S W Tr m Dacite Tuff med-light grey+green, feldspar+mafic f.g fragments+/-qtz eyes in v.f.g light W W M Tr grey green groundmass, frags are aligned with foliation locally, other places not very distinct and looks like non W W M Tr descript dacite, 2 banded of massive py 10+12cm wide at 60o to CA (minor qtz gouge), diss py thought, hairline W W M Tr DAC qtz-py veinlets disseminated, qtz veinlets and comformamble+stckwroks M M M / CGS m DACITE QFP 5-8% 2-3mm qtz eyes in med =/- dk grey dacite porphyry, all other phenos on M M M 10 2 Tr BL-2 bdl present are altered M M M 10 5 Tr DACT m Dacitic Tuff as above med grey, plg+mafic frags angular <1mm, occasional qtz eyes band of py M M M 10 1 Tr /2-2cm generally at 70-65o to CA, minor cpy, 10% qtz veinlets as stockworks M M M 10 5 Tr M M M Tr M M W 10 3 Tr M M W 10 3 Tr M M W Tr M M W 3 5 Tr At 168m Fault 10 cm clay-gouge, suggested angle 55o to CA M M W 3 5 Tr M M W 3 3 Tr DAC m Dacite qtz eye crystal tuff on QFP massive 1mm frag/phenos, light grey, diss py, qtz vng M M W Tr stwks, diss py+along hairline qtz vlts, upper contact vague, hairline vng approaches brecciation M M W Tr DACT m DACITIC TUFF a above med+/-light grey green 1mm fragments aligned at 55O to CA, M M W Tr vnlts increased hairline grey with sx cut by white hairline qtz vnlts, locally with qtz syes crystal, becomes more M M W Tr chloritic to the base M M W Tr M M W Tr M M W Tr cm white quartz at contact at 65o to CA M M W / MTUFF m MAFIC TUFF-v.f.g, local fragments, med-dark green, chloritic, stwk qtz-calcite vnlts M CGS foliation at 15o to CA M BL-2 bdl M Pyrh%

46 Hole No: DHL07-02 tal Depth: m Dip: -84 o Azim: o Page: 7 of 7 Coords.: E N Start & Finish Date/Time: Sept 29, Oct 3, 2007/6pm Geologist: John Rus Z: (coords are est. only) Lithology MTUFF m MAFIC DYKE-dark green, f.g magnetic, some qtz+/-calcite stwks, no sx, contact 85o to CA S M Mag% S M MTUFF m MAFIC TUFF- f.g tuff, dark green, some fragments<1mm, heavily invaded by white qtz vein witg cg S M with cg pyrite, qtz veins irregular to stwks 1/2-1+/- 10cm wide-top of unit with 30cm qtz vein, py with + without qtz vein, S M often in large clasts and vague bands, at m unit appears to have a bx or pebble dyke of same S M materials in chl-epi-qtz matrix, bottom 56cm is massive qtz vein S M SERP m SERPENTINITE dark green massive magnetic wth cpy wisps bdl EOH NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 31.50o, DIP-84o AT 95.00m, AZIMUTH o, DIP-84.80o AT m, AZIMUTH 40.70o, DIP-85.20o CGS-10 BL

47 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 1 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: P. Cowley Lithology Mag% OVBR m Casing DAC m DACITE-medium grey, oxidized, FeOx, malachite on fractures planes DYKE m DYKE- dark-medium grey, 50% plagioclase phenocryst, 1/2-2mm subhedral in very fine grained grey groundmass, magmatic DAC m DACITE- med grey oxidized stained, Fox, malachite, quartz veins 5% W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr W M W 5 Ox Tr DAC m DACITE- med dark green grey, stockworks of quartz veinlets, textures obliterated W M M 10 Tr-.5 Tr by alteration, quartz eyes 1-3% 1-2mm, py+cpy as disseminated within quartz veinlets, 2cm along gouge W M M 10 Tr-.5 Tr to CA at 17.30m W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr W M M 10 Tr-.5 Tr M M W 5 Tr-.5 Tr M M M 5 Tr-.5 Tr W M M Tr-.5 W M M Tr W M M Tr

48 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 2 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: P. Cowley Lithology Quartz veinlets and veining pyrite and cpy, disseminated cpy+py in rock too, most quartz veins are 1-2mm and W M M Tr occasionally to 10cm, generally foliated but crosscutting too M M M W W M W W M W W M M W M at 49.50m Quartz vein 1 cm cpy+mo M W M W M M W M M W M M W M M 10 Tr Tr M W M 10 Tr Tr M W M 10 Tr 1/4 Tr M W M S W /4 S W / / /4 Mag% W W M W W M W W M 5_ W W M 5_ W W M 5_ W W M 5_ W W M 5_ W W M W W M W W M W W M CGS-10 W W M BL

49 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 3 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: P. Cowley Lithology Qtz Vein % Magnetic% / / / / / DYKE m DYKE- upper contact 65o to CA, dark grey, magnetite, massive, plagioclase phenocrysts 1-2mm euhedral-subparallel 50-60%, minor mafic phenocrysts in dark grey groundmass, lower contact 65o to CA DACP m DACITE QFP quartz phenocrysts 2-3mm, medium dark grey W W W 8 1_2 1_2 1_2 1_ Mafic Dyke m MAFIC DYKE-dark grey to black, v.f.g, magnetic, foliated-almost look fragmental, sheared, aphanitic 1 1/4 1/4.5 1/4.5 1/4.5 1/4.5.5

50 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 4 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: P. Cowley/John Rus Lithology DYKE m DYKE medium grained plagioclase 50% 1-2mm in dark grey groundmass, magnetic, lower contact o to CA SED Mafic m SEDIMENTS- dark grey laminated contorted CGS Dyke DYKE-mafic vfg dark grey to black, possible plag phenos smeared, foliated W S W BAS m DACITE- med green+/-grey, foliated, qtz eyes preserved 5-8% 1-3mm, W S W Tr porphyritic, plag phenos obliterated W S W Tr DAC m DACITE-str foliated 55-60o to CA with traces of py+/-cpy W S W Tr BAS m Strong foliated dyke of Basalt dark grey, micro to crypto crystalline, elongated porphyroblast W S W Tr DAC of albite, very strong silicification with veinlets of quartz, very fine submillimeter dissemination of pyrite, W S W Tr rare stringers of py secondary cpy W S W Tr m Str foliated str sil dacite with subparallel vnlts of qtz, pervasive dissemination of sulphides W S W Tr pyrite and cpy fill the cracks and, rare stringers of cpy and massive py at m In places the dacite is W S W Tr BL darker grey-greenish probably due to the abundance of mafic feldspar associated with heamatite impregnation W S W Tr o to CA, Mo on fractures W S W DAC m Massive strongly mineralized (cpy) quartz vein with up to 25% cpy 85o to CA DAC m Light green strongly silicified, partially foliated dacite moderate chlorite and sericite alteration overprinted, pervasive very fine dissemination of primary cpy, secondary pyrite crushed o the foliation and fractures planes 15cm vein of quartz cpy cuts the crosscut the core approximately 65o to CA from m DAC m Light green seritized massive dacite with very sporadic dissemination of cpy and py CGS Pyrh%

51 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 5 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: P. Cowley Lithology Pyrh% DAC m Porphyry style dissemination of cpy and py in massive light green dacite very uniform distribution BL CGS BL m Dacite with very sporadic dissemination of py and cpy

52 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 6 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: John Rus Lithology Pyrh% DAC m Dacite with rich dissemination of cpy, stringers and bands of massive cpy+py ore DAC m DACITE with sporadic dissemination of sulphides (cpy+py) DAC m DACITE with rich dissemination, stringer and bands of massive cpy-py ore associated with strong silcification CGS DAC m Dacite with sporadic sulphides strong chlorite alteration All stringers and vnlts (bands) of mineralization are concordant with the light foliation overprinted and and more at 65-70o to Ca DACP m Green to dark green massive light foliated, dacite (dacite porphyry) with fewest millimeter to centimetric veinlets of quartz, which sometime are concordant, but most of the time are discordant on the center foliation and fill small fissures and cracks in the mother rock. Very closed placed, porhyroblasts of quartz gives the rock a porphyritic aspect. The whole package is disseminated with py=cpy and present BL-2 veinlets and centimetrics stringers of py+cpy or just cpy associated with silica alteration. The content of sulphide slightly differs from one interval to another and the variation is due to the thickness of the stringers, as well as the content in py and cpy CGS DACP m Brecciated dark green dacite porphyry with strong chlorite alteration and sporadic centimetric stringers of py-cpy and fine dissemination in contact with dark grey diorite 80o to CA Tr Tr

53 Hole No: DHL07-03 tal Depth: m Dip: -88 o Azim: o Page: 7 of 7 Coords.: E N Start & Finish Date/Time: October 4, October 7, 2007/6pm Geologist: John Rus Lithology Mag% DIOR m DIORITE dark grey massive with small grained equiolimorph structures Tr Tr BL SERP m SERPENTINITE- Dark green-black with rare bands of talc and chlorite alteration on fractures, calcite on fissures, fault, contact 80o to CA BL EOH NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH o, DIP-88o AT 94.00m, AZIMUTH o, DIP-87.00o AT m, AZIMUTH 252o, DIP-87.10o

54 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 1 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Mag% OVBR m Casing-Overburden DAC m tally weathered and broken, dacite with brown iron oxide alteration overprinted Li Li DAC m Light green, partially silicified dacite with diss and cm stringers of py-cpy W M SERP m Talc schist (serp very rich in talc=90%) with crystals and elongated bands-stringers of magnetite W M DAC m Dacite with 2cm thick band of massive py-cpy S M 1-2 Tr DAC m Brecciated dacite, fault breccia S M 2-3 Tr DAC m Massive light grey, strongly sericitized dacite with pervasive dissemination and millemetric S M 2-3 Tr CGS stringers of py+cpy S 3 Tr S 5 Tr S 5 Tr S 6 Tr S M 6 Tr S M W TSCH m Talc schist light green with dark grey bands of magnetite, schistosity making 60o to CA, moderate S W magnetic, Upper contact makes 45o to CA, lower contact the same angle SERP m Black massive serpentinite ending with half meter of fault gouge BL-2 bdl TSCH m Talc schist ligth green white alternating with darker green species, intense green-blues, very compact but soft can be easily scratch or peeled with a metallic blade (knife), contains, pervasive disseminated magnetite small crystal up to 1mm between m the schist is strongly silicified foliation at 85o to CA, crosscut by veinlets of qtz, traces of galena at 21.10m and intense green (malachite color) SERP m Very strong silicified, brecciated sheared serpentinite with crushed and elongated crystals, only S 3 %Mo sheared bumps of sercite fine crystallized, pyrite, subangular aspect given by alteration, quartz and Mt+py, both S contact makes a 60o to CA. Strong galena and sphalerite on the first meter. Foliation angle varies from 30 to 50o S to CA at the end of the run S S CGS S

55 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 2 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Mag% SERP m Very str orthoclase alteration and enrichment in black serpentinite SERP m Rubamated, folded serpentinite, black and white stripes alternating a millemetric intervals, foliation changes from 80-85o to CA at the beginning to 70o from m, 0o at 39.20m (apex of a fold) then 30-35o at 40, 40 to 50 at 42, 65 at 44-45, lower contact 70o to CA BL-2 bdl TSCH m Talc schist, massive 70o to CA foliation DAC m Strongly foliated 35o to CA dacite with epidote and silica alteration, frequent qtz vein, very sporadic dissemination of py+cpy 10 Tr Tr Tr 2 Tr 2 Tr DAC m Strongly foliated dacite, with epidote and sericite+qtz alteration for 40o to CA, sporadic dissemination M 5 Tr of py, traces cpy very strong mineralization from m S M 2

56 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 3 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Mag% S M Ep DAC m Compact light green dacite silicified partial sericitized, stringers and pervasive dissemination M of pyrite, secondary cpy CGS Tr Tr Tr DIOR m Massive grey small grained equigranular diorite. Both contacts 70o to CA BL-2 bdl DAC m Strongly silicified dacite

57 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 4 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Pyrh% DACT m Dark grey microcrystalline rhyolite with elongated crystals of hornblende, biotite and albite in a parallel lineation, 60o to CA same as the contacts angles. (volcanic tuff) DACP m Strongly silicified dacite porphyry disseminated cpy, stringers and veinlets, strongly associated W S with qtz serpentinite, weak foliation 65o to CA, porphyroblasts rounded up to 0.6cm in size W S W S W S M W S M W S M W S M CGS DIOR m Massive microcrystalline diorite 90o to CA both contacts S M M S DAC m Strongly silicified dacite with fine py-cpy+/-? Dissemination strongly associated with qrtz segregation W S W S W S DAC m Massive light green dacite with very fine pervasive dissemination of py+cpy W S BL M M W M W M W M W M W M W CGS

58 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 5 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Pyrh% DAC m Same dacite with weak pyrite dissemination and traces of cpy S S DACP m Dacite Porphyry, light green grey weak foliated 70o to CA, porphyroblasts of 0.5cm in size, strong S DACT chloritization overprinted, rare veinlets of qtz, contact with rhyolite & volcanic tuff 80o to CA S DACP m Black melanocratic feldspathic with white elongated crushed crystals of albite in mass of crypto- S DIOR crystalline bytownite. Rare elongated xenoliths occurrences, lower contact 70o to CA S m Dacite Porphyry with chlorite alteration overprinted, disseminated of py m Grey microcrystalline equigranular diorite both contacts 80o to CA BL DAC m Light green greyish massive dacite porphyry in contact with volcanic tuff 80o to CA DACT m Black volcanic tuff, xenoliths up to 2cm in size CGS DAC m Very strong silicified dacite (massive) sporadic disseminated py-cpy some very rich very fine S dissemination of cpy, especially along fissures and in strong correlation with quartz segregations S BL DACT m Massive rhyolite(tuff), black dark green, strongly chloritized, lineation 70o to CA gives by

59 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 6 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Pyrh% aligned crush albite, veinlets of quartz DAC m Compact, strongly chloritized and silcified dacite with very sporadic dissemination of pyrite S S S S CGS-10 S S S S DACT m Massive, strongly chloritized tuff with millimetric cracks and fissures filled with dacite both contact S S o to CA S S S S DAC m Massive, strongly silicified, chloritized down to the contact with the diorite, dacite with qtz S S veinlets and very sporadic dissemination of pyrite. At m a 2cm veinlet of qtz with massive cpy cuts the S S 1 Tr core at 45o to CA S S S S 2 Tr S S BL-2 bdl S S S S S S DIOR m Massive diorite 40o to CA entry (top) contact, 30o to the CA bottom contact CGS DAC m Massive, strongly silicified, weak chloritized dacite with 3% disseminated pyrite, at m 5-10cm W S W of the previous dyke like wedge W S W W S M W S M

60 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 7 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology DAC m Some massive silicified dacite with stringers and dissemination and millimetric stringers, 65-70o to CA W S M Tr DAC m Massive silicified dacite with up to 5% py dissemination and millimetric stringers, traces of cpy W M 3 5 Tr DAC m Some massive dacite silicified and choritized with pervasive dissemination and stringers of pyrite W M Mag% W M BL-2 bdl DACP m Massive silicified partially chloritized dacite porphyry with pervasive dissemination and millimetric W S Tr stringers of pyrite with traces of cpy. The whole package is W S Tr cross-cut by veinlets of qtz in association with aggregates and stringers of pyrite, In some, places with qtz appears W S 3 5 Tr cpy as strictly local enrichments associated with qtz separations on fissure and veinlets. Pyrite content between W S 2 4 Tr and more than 10%, cpy generally in traces up to 2%, exception between 195 and 196m where of veinlets of qtz W S contain up to 5-6% cpy, qtz veinlets generally make a o to CA W S W S W VS Tr Tr CGS Tr DAC m Massive dacite porp with vnlts of qtz and rich stringers of py in timely associated with cpy DAC m Some dacite porphyry weak disseminated with pyrite, lack of qtz veinlets DAC m Massive silicified dacite, medium chloritized with sporadic, dissemination of py secondary cpy stringers disposed at about 30cm, intervals 3per meter, It would be very tedious to log decimeter interval with stringers. Variation in sulphide contact varies from m to m and only the assay result could separate (delineate) DAC richer intervals. Microscopic this is most of the time very difficult and the appreciation of the sulphides content 2 6_ could be very erroneous BL-2 bdl DAC m Extremely silicified dacite porphyry. The silicification becomes the most significant alteration and is DAC strongly associated with stringers and dissemination of mainly py, secondary cpy 2 2 Tr DAC m Dacite porphyry extremely silcified with denser stringers( millimetric up to 15cm in size) of cpy which DAC becomes the main sulphides and py DAC m Dacite porphyry strongly chloritized with stringers and dissemination of mainly sulphide and pyrite m Intercalation of dark grey dacite with qtz veinlets, wedge type 70o to CA, contact 65o to CA

61 Hole No: DHL07-04 tal Depth: m Dip: -82 o Azim: o Page: 8 of 8 Coords.: E N Z: Start & Finish Date/Time: October 7, October 10, 2007 Geologist: John Rus Lithology Mag% MSPY m Strongly chloritized dacite porphyry with very rare crystals of py. Traces of cpy qrtz and epidote alteration with bottom contact with the dark grey brecciated dacite 70o to CA DAC m Dark grey, dark green strongly chloritized dacite, brecciated cut by a multiple of fractures which make various to the core direction, very fine disseminated pyrite, mostly 1mm in size, between m SERP the dacite contains qtz band of semi massive are (pyrite-cupriferous) strongly associated, interlayer with qtz 45o to the CA m Massive pyrite cupriferous are with fractures showing slickenside of 15 to CA -45o to CA upper contact m m fault with 10cm of fault gouge followed down to m by strongly chloritized and EOH epidote altered dacite with fractures filled with qtrz 85-90o to CA Fault at Fault contact 2cm of gouge with serpentinite which continuous to 230m 85-90o to CA m Serpentinite NOTE: Original paper copy log contains 9 pages. Digital log only required 8 pages to include all data NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH o, DIP-82o AT m, AZIMUTH o, DIP-82.50o AT m, AZIMUTH o, DIP-83.30o

62 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 1 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho OVBR m Casing - no recovery Mag% DAC m Strong silicified dacite, weathered oxidized with rich stringers and sporadic dissemination of py+cpy S S Li 1 Tr diss of py stringers make of 30o to CA S S Li 1 Tr m Intercalation of Talc schist strongly magnetic 40% of the rock content with rich stringers and S S Li TSCH secondary cpy 40o to CA both control and orientation of the foliation S S Li DAC m Some strongly silicified dacite with rich stringers up to 2cm thick of py+cpy 45-40o to CA Tr TSCH m Faulted, gouged, brittle, talc schist S M TSCH m Some talc schist white with parallel black stringers bands of the bottom 650 to CA, S M 3 Tr DAC Foliation 45o to CA S M 2 Tr CGS m Massive light green silicified dacite, partially chloritized with sporadic dissemination of pyrite, S M secondary cpy, rare millimetric up to 1.5cm stringers of massive py+cpy, S M 3 Tr AT 17.20m Two fractures (mineralized) cut the core S M at 45o followed by a 3-5cm thick qtz vein along the core to the contact with the talc. S M Tr It carries massive 2-3cm thick py+cpy ore S M bdl S M S M TSCH m Talc schist foliation 40o to the CA TSCH m Wedge of serpentinite and in suddenly with a faulty contact with 2cm of some 90o to CA TSCH m Talc schist SERP m Serpentnite, dark green black with foliation 0o to CA, In contact at 21 with massive talc 45o to CA TSCH m Massive Talc white light green intense green malachite color dark green with magnetite crystal, bottom contact at is 70o to CA SERP as m the drilling advance Massive strongly in different silicified blocks and of serpentinized, sheared serpentinite, all very brecciated,carbonated, silcified and brecciated foliation in 25m 40o, < varies 25.5m S 1-2 Tr DAC 70o at S 2-3 Tr m 30o at 27m 20o, Wedge of massive dacite from 27.4m -27.6m about 25o to CA at 28m reversing the foliation S 2-3 Tr BL-2 bdl with apex at 38.5, 15o at 29m S 2-3 Tr m Massive foliated 30o to CA dacite ending in fault breccia 30o to CA S Tr TSCH m Talc schist foliation 30o to CA immediately after the breccia ending, the dacite in talc schist a set S

63 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 2 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho parallel veinlets of qtz, making a 30o to CA carried small accumulations, (stringers) of of galena and possible SERP sphalerite (yellow) or some other unidentified min, non metallic minerals SERP m Strong K enrichment+llocalize in dark green serpentinite DAC m Dark green broken serpentnite S SERP m Intercalation of strongly enriched in orthoclase massive dacite, upper contact 65o to CA, lower S bdl SERP contact 45o to CA S m Massive dark green serpentinite S CGS between m 34 and Serpentinite, 37.30m. Then dark 37.3 grey-black 38m at green, fault with rubanated, gouge, both local contact qtz bands 55o and to CA, K enrichment, followed by very the same fine pyrite S banded S orthoclase enrichment, serpentinite with very fine crushed, sheared (submellimetric) to 40cm m S dark green massive serp with fissured filled with orthoclase and very fine diss of py and secondary cpy TSCH m Talc soft broken gouge TSCH m Talc with intercalating of serpentinite and veins and bands of white quartz, lower 1 contact 90o to Ca S S DAC m Strongly chloritized dacite massive S S Ep DAC m Strongly silicified and sheared brecciated, epidote altered dacite with 30% of qtz veinlets, S S Ep sporadic dissemination of py+cpy, foliation <40-45o, between 52 and 53.60m a strong chloritization S S Ep also overprinted S S Ep S S Ep S S Ep S S S Ep S S S Ep S S Ep S S Ep BL-2 bdl DAC m Massive strongly epidotized dacite with sporadic dissemination of py,, rare stringers M Ep 2 M Ep 1 M Ep 1-2 M Ep 1-2 Mag%

64 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 3 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Mag% DAC m Massive dacite with strong qtz alteration and veinlets associated with rich stringers of py+cpy S S DAC m Sporadic dissemination of py in silicified dacite S DAC m Rich dissemination and stringers of py-cpy in silcified, seritized dacite S DAC m barren, white mat qtz vein with cavities and empty cracks S S DAC m Silicified sericitized dacite with pervasive dissemination and very fine stringer of py-cpy, lower S S contact 70o to CA S S S S S S CGS-10 S S 2-3 Tr S S 2-3 Tr S S 2-3 Tr S S 2-3 Tr S S 2-3 Tr DAC m Massive dark grey silicified rhyolite alternating with decimeter bonds of dacite making 45o to CA S S 2-3 Tr contact S S TUFF m Massive black (dark grey), rhyolite 45O lineation, given by crushed elongated albite and black S hornblendite diorite S BL-2 bdl DIOR m Massive dark grey microcrystalline diorite lower contact 85-90o

65 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 4 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Pyrh% DAC m Massive strongly silicified broken and oxidated (water circulation of fractures) dacite, S slightly foliated 65o to CA, sporadic dissemination of py, traces of cpy especially along fractures S S DIOR m Massive diorite dyke with chlorite on fractures both contacts 85-90o to CA, lower contact S produced strong silicification in cracks S Li Tr S Li Tr S Li 1-2 S DACP m Very strong silcified and foliated dacite porphyry with qtz segregations and veinlets associated W with very sporadic dissemination of py-cpy. Foliation 60-65o to CA W W W Tr TUFF m Very strong seritized strongly chloritized rhyolite, lineation 70o to CA, lower VS Tr contact 80-85o to CA undulated (wavy) VS Tr VS Tr m Massive silicified, seritized weak chloritized dacite, crosscut by very few veinlets of qrtz, VS Tr DAC (115.50m S S m, 1118m, m), Intense foliation from o to CA very rare millemetric stringers of py, S S better occurrence on the last 2 meters before the contact with the diorite S S S S S S 1-2 Tr S S 1-2 Tr S S 1-2 Tr S S 1-2 Tr CGS S

66 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 5 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Pyrh% S S W S S W S S W S S W S S W S S W S S W S S W S S W S S W BL-2 bdl DIOR m Massive grey diorite 85o to CA S S W TUFF m Dark grey with white (albite) and black hornblendite biotite crushed elongated parallel oriented phenocryst plus xenoliths rhyolite, lineation 15-30o, very fine fissuration filled with calcite, both contact =90o DACP m tally silicified intense chloritized massive dacite porphyry, white qtz+/-fsp porphyroblast DIOR rounded up to 5mm in size m Dark grey equiangular diorite with chlorite on fractures planes

67 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 6 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Pyrh% DIOR m Massive dark grey diorite lower contact 40o to CA DAC m Massive ligth green dacite strongly seritized, weak chlorite, lower contact 45o to CA DIOR m Massive diorite 45-50o to CA lower contact DACP m Massive strongly silicified and seritized dacite porphyry with very sporadic diss of py S S S S DAC m Rich stringers of py+cpy associated with qtz 65-70o toca foliation in dacite DAC m Some compact dacite with sporadic diss py+cpy DAC m Strongly foliated silicified dacite with rich stringers of cpy 80-85o to CA DAC m Massive dacite with fractures and qtz segregations and veins associated filled with cpy S CGS DAC m Qtz vein with rich cpy stringers on the first 40cm, then barren, very strong chloritzation S DAC m 3-4% cpy in compact dacite, weak foliation 65o to CA VS VS DAC m Weakly foliated massive dacite with very sporadic diss of parallel foliation 75-80o to CA W W DAC m Massive light grey dacite with very sporadic crystals of py, and very rare (3 only), stringers of py W Contact 90o to CA with Diorite W W

68 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 7 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Mag% W W BL-2 bdl W W W W DIOR m Massive grey diorite DIOR m The same diorite in contact 450o to CA with massive silicified dacite with sporadic diss of py+cpy DAC m Dacite describe above contact 43o to CA DIOR m Massive diorite DAC m Massive silicified str seritized sporadic diss. and stringers of py+cpy, stringers very in thickness few mm to 10cm, and are mostly pyrite, from218 to the contact with serpentinite unit, they become rich in cpy, CGS which is the predominant sulphides, At 4cm bands of almost massive pyrite traces of cpy, crosscuts the core at 207.5m, between 208,10 and m the dacite is also chloritized and containing fine diss cpy m The dacite portion very fine submilletric diss of py, which also occurs as crushed faces on fractures and fissures

69 Hole No: DHL07-05 tal Depth: m Dip: -86 o Azim: 190 o Page: 8 of 8 Coords.: E NZ: Start & Finish Date/Time:October 10, October 12, 2007 Geologist: John Rus Litho Mag% m Strong chloritization in dacite associated with rich cpy dissemination m Massive strong silicified dacite with rich very fine submillemetric diss only of py, traces of cpy, followed by 20 cm of very rich 5cm to 10 cm in thickness of massive py+cpy in dacite to end 212m m Some massive silicified dacite with very fine submillemtric rich diss of py m Rich diss and stringers of fine py+cpy in massive, silicified, weakly chloritized dacite m Strong chloritization rich cpy BL-2 bdl m Strong diss of py (very fine), secondary cpy Very rich diss and stringers of massive cpy+py, bands of 1 to 15 cm of massive cpy, secondary py ore m Strong chlorite dacite with parallel veinlets SERP m is Serpentinite EOH CGS NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 190o, DIP-86o AT m, AZIMUTH o, DIP-83.90o AT m, AZIMUTH o, DIP-83.60o

70 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 1 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology Mag% OVBR Casing-overburden QV m Quartz Vein-milky white with septa of chlorite (5%), trace malachite specks, upper+lower contact in W 100 Tr DYKE broken ground m DYKE: magnetic, dark grey, crowded plagioclase phenocryst, broken due to surface affects, minor malachite staining on some fractures plane DACP m DACP: massive, med grey, faintly porphyritic = plagioclase (anhedral) 1-2mm textures observed W M W 5 3 Tr by alteration, minor disseminated pyrite + hairline m dacite has high angle pyrite veining-massive to 2-3cm wide, sx-ox, quartz eyes <1%, quartz veins + irregular generally BL-2 bdl pyrite+/-chalcopyrite associated + in core of vein M M W 3-4 Tr M M W M M W M M W M M W M M W M M W M M W M M W 1-3 Tr M M W 1-3 Tr M M W 1-3 Tr S M W 1-3 Tr M M W 1-3 Tr M M W 1-3.2_.5 M M W 1-3 Tr M M W Tr M M W Tr

71 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 2 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology DACP m DACP: quartz eye porphyry 5% quartz eye 2-3mm, same as above but slightly greener M M W Tr M M W Tr M S / ADAC m ANDESITE-DACITE: very fine grained but random quartz eyes, medium green, thinner irregular W S W /4 quartz veins W W M / DACP m DACITE: med green grey massive phantom plagioclase phenocryst >30%, quartz eyes 1-2% W W M /4 M M W /4 M M W /4 M M W ADAC m ANDESITE-DACITE- very fine grained but random to 1% quartz eye. Medium green M M W M M W W W M DACP m DACITE: FP medium grey green, massive, subhedral plagioclase phenocryst, from 52-63m W W M there is some hematite overprinting + magnetite hairline veinlets, at base of grades to andesite is quartz M S W eyes, very fine grained, medium green M S W M S W CGS M M W M M W M M W M M W M M W M M W M M W W M M /2 1 M S W /2 1 M S W /2 1 M S W /2 1 M S W /2 1 M S W /2 1 M S W /2 1 Mag%

72 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 3 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology Mag% W M M /2 1 M M M /2 1 W M M /4 M S W /4 M S W /4 W W M /4 M /4 M 2 1/2 1/ DYKE m DYKE: dark grey, magnetic fine grained, appears to be smeared <1mm plagioclase phenocrysts M M DACP m DACITE PORPHYRY: massive 2mm plagioclase phenocryst, medium grey-green, foliated, disseminated massive pyrite vein at 75m fault gouge 40o to CA <5cm wide M S M M S M Tr DACP m DACITE PORPHYRY: FP 2-3mm plagioclase phenocryst 40-60% in medium dark green siliceous W M W 10 1 Tr W M M 5 1 Tr W M M 5 1 Tr W M M 5 1 1/4 W M M 5 1/2-1 1/4 W M M 5 1/2-1 1/4 W M M 5 1/2-1 Tr W M M 5 1/2-1 Tr DACT m DACITE TUFF: medium green, foliated, fragments <1mm, lapilli polymictic, 1% quartz eyes and W M M 5 1/2-1 Tr preserved, chloritic, foliation 60o to CA W M M 5 1/2-1 Tr W M M 5 1/2-1 Tr W M M 5 1/2-1 Tr W M M 5 1/2-1 Tr at 88m quartz-pyrite-ma vein 4cm, 40o to CA W M M 5 1/2-1 Tr W M M 5 1/2-1 Tr

73 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 4 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology ANDT m ANDESITE TUFF: medium-dark green, fine medium grained fragmented, foliation 50o to CA, W M M 5 1/2-1 Tr generally <1mm fragments but occasional 1cm fragments flattened + aligned, lapilli tuff, 5cm quartz vein with W M M 5 TR pyrite 30o to W M M 10 TR DACT DACITE TUFF: crystal tuff fine grained with 2-3% quartz eyes 2-3mm in medium W M M 10 TR grey green rock, mildly foliated, fragmented < 1mm flattened, white quartz vuggy W M M 3 TR 10m wide 30o to CA, section of foliation parallel pyrite quartz veining W M M 3 TR W M M 3 TR W M M W M W 10 W M W ANDT m ANDESITE TUFF: medium dark green, fine grained hematite in fractures planes W M W 5 M M W DAC m DACITE: medium light green grey, Moon plane parallel to CA M M M 5 M M M ANDT m ANDESITE TUFF: medium dark green, fine grained occasional fragments 3cm M S W 5 Mo M S W 5 Mo DAC m DACITE: quartz eyes 2mm and 3-5%, rest of rock texture is obliterated. Following could be crystal M S W Mo tuff, medium light green grey, 33cm quartz vein with clots of pyrite to 20%, various section of varying color M S W Mo change+ intensity of alteration, from m multiple Mo slips of fracture planes to CA + 40o to CA, M S W Mo quartz veining foliation parallel + pervasive, quartz veins 1cm-10cm often in pyrite-cpy cores, hairline to 1cm M S W Mo pyrite, foliation parallel 114 becomes less altered on chloritic, less mineralized M S W Mo M S W Mo M S W Mo BL-2 bdl M S W Mo M S W Mo M M W 5 1 Mo DYKE m DYKE: medium grey, salt and pepper, crowded plagioclase porphyry 1mm plagioclase 50% in dark W grey matrix, massive magnetic, upper contact sharp at 30% to CA, local chlorite fractures surfaces, mediumcoarse grained, sharp lower contact at 50o to CA Pyrh%

74 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 5 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology Pyrh% DYKE m DYKE: medium grained, dark grey crowded porphyry of plagioclase phenocryst, sharp contactappears to be injected into other coarser dyke of similar composition, massive, magnetic, 10-15% mafic phenocryst DYKE m DYKE same as above at 134m 3 cm gouge 40o to CA DAC m DACITE: massive to milky foliated, medium light green, non descript occasional phantom 10% M S M 5 3 Tr plagioclase phenocryst + quartz eyes - could be crystal tuff or porphyry, hairline quartz veinlets + pyrite M S M veinlets generally foliation parallel, one 5cm massive pyrite vein 80o to CA with chalcopyrite 20% at 153m is a M S M cm wide massive pyrite vein with gouge quartz, traces chalcopyrite, below 162 have hairline to 1cm to 10cm M S M massive pyrite bands foliation parallel M S M M S M

75 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 6 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology Pyrh% M S W M S W M S W M S W CGS M S W M S W M S W M M M M M M W M M W M M W M M W M M W M M W M M BL W M M DACT m DACITE:appears now more like a a pyroclastic with <1mm fragmental, medium grey green quartz W M M veining stockwork, massive pyrite bands 1-5m wide foliation parallel W W M W W M W W M W W M W W M Tr W W M Tr W W M Tr CGS-10 W W M 15 Tr W W M 15 Tr W W M 15 Tr ANDT m ANDESITE TUFF: fine grained lapilli. Medium dark grey green, mafic fragments aligned <1mm W W M 5 Tr W W M 5 1/

76 Hole No: DHL07-06 tal Depth: m Dip: -89 o Azim: 88 o Page: 7 of 7 Coords.: E Z: Start & Finish Date/Time: October 12-07/7pm - October 12-07/10am Geologist: P. Cowley Lithology Mag% W W M 5 1/ W W M 10 1/ W W M 2 1/ DYKE m DYKE: dark grey magnetic fine grained mafic dyke M M BL M M M M M M EOH M CGS NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 080o, DIP-89o AT 60.00m, AZIMUTH o, DIP-89.60o AT m, AZIMUTH o, DIP-89.50o AT m, AZIMUTH o, DIP-89.60o

77 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 1 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology Mag% OVBR Casing-overburden DYKE m DYKE: medium-dark grey, magnetic crowded porphyry of plagioclase phenocryst 50% 1-2mm in dark grey matrix, oxidized fractures planes, bottom of unit is broken ground DAC m DACITE: light medium green grey, massive, phantom plagioclase phenocryst 2mm, 11-12m quartz W W W vein 30o to CA, 50% pyrite 50% quartz, between m are several steep W W W 5 2 Tr (20-30% to CA) pyrite veins 1-5 cm wide with quartz, pyrite dissemination + hairline wisps, W W W Tr disseminated chalcopyrite in clots and associated with quartz veining M M W Tr M M W Tr M M W /2 M M W /2 M M W /2 M M W /2 M M W /2 M M W /2 M M W /2 M M W /2 S M W Tr S M W 5 5 Tr S M W 5 5 Tr M M W 5 5 Tr M M W 5 5 Tr M M M 10 2 Tr M M M 10 2 Tr M M M 10 2 Tr

78 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 2 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology Mag% M M W 3 2 1/2 M M W 3 2 M M W 3 2 M M M 3 1 Tr W W M 3 1 Tr W W M 3 1/2-1 Tr W W M 3 1/2-1 Tr W W M 3 1/2-1 Tr W W M W W M M M M 5_ M M M 5_ M M M 5_ M M M 5_ M M M 5_ M M M 5_ M M M 5_ M M M 5_ /2-1 M M M 5_ /2-1 M M M 5_10 1/2 Tr M M M 5_10 1/2 1-2 M M M 5_10 2 Tr M M M 5_10 1/2 Tr M M M 5_10 1/2 Tr M M M 5_ M M M 5_ M M M /2 W W M / W W M /2

79 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 3 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology Mag% W W M W W M M M M M M M M M M M M M M M M ANDT m ANDESITIC LAPILLI TUFF: foliation 40o to CA aligned mafic fragments <1/2 mm <20% fine grained M 7_5 locally flattened mafics fragments 1cm to 5 cm all aligned in foliation, unit is medium dark green, 20-30% in term M 3 composition fragments flattened M 3 M 3 M 3 M 5 fault 3cm gouge 70o to CA at 75m M DACP m DACITE PORPHYRY: medium grey green massive 2-3mm plagioclase phenocryst 30-50%, M M M disseminated pyrite and chalcopyrite, M M W 3 Section from m highly foliated and alteration could be an intercalation of tuff within FP (contain 1-2% M M W 3 quartz eyes) still preserved-contains more pyrite along foliation including a 3 cm massive pyrite vein, M M W 3 Another foliated altered section m with 25cm quartz veining with footwall massive pyrite 2cm wide, M M M Tr hanging wall of zone fault with 1/2cm of gouge, 2cm massive pyrite vein with 10% quartz gouge at 45o to CA M M M 3_ /2-1 M M M 3_ /2-1 M M M 5_ /2-1 M M M 5_ /2-1 M M M 5_ /2-1 M M M 5 1/2 Tr M M M 5 1/2 Tr fault alteration top film of gouge S M W M M M 5 1/2 Tr M M 5 1/2 Tr

80 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 4 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology fault 1/2cm gouge 60o to CA and m other section strong foliation sericite, quartz veining S M M 30 1/2 Tr M M M 3 1/2 Tr M M M 3 1/2 Tr M M M 3 1/2 Tr tourmaline veinlets-black S M W 8 5 Tr BL-2 bdl M M W 8 5 Tr M S W 8 5 1/ M M W / M M W / M M W / M S W 8 1 1/2-1 M M W 10 1 Tr_.5 M S W 5 1 Tr_ m Mineralized to CA, multiple bands/quartz vein with pyrite-chalcopyrite M S W Tr_ massive quartz veins 5-10cm M S W Tr_ M S W _ M S W 15 1 Tr_.5 M S W 10 1 Tr_.5 M S W 10 5 Tr_ AND m ANDESITE: massive generally very fine grained, medium green, occasional 2mm plagioclase M S W 5 Tr_2 TR phenocryst, several vug quartz veins 0-10o to CA M S W 5 Tr_2 TR M S W 5 Tr_2 TR DAC m DACITE: medium green fine grained, rare plagioclase phenocryst 2mm, at m 5cm gouge M S W 5 Tr_2 TR fault, broken M M W M M W M M W 3 2 Tr_ m section more foliated 70o to CA more sericitic glossary blue mineral on 1mm fracture plane 70o to CA S M W 3 2 Tr_.5 M M W 10 Tr_.5 Tr_.5 Pyrh%

81 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 5 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology Pyrh% M M W 10 3 Tr_.5 Tr M S W M S W Tr M S W 15 2 Tr DYKE m DYKE: dark grey salt and pepper, crowded plagioclase porphyry 1-2mm phenocryst, chlorite 10 fractures plane, magnetic DAC m DACITE: silicified light green M S W DYKE m DYKE: finer grain veining of above-contact are broken DAC m DACITE: light grey green, generally very fine grained but 1-5% phantom phenocryst 1-2mm M M W Tr M M W Tr M M W Tr M M W Tr M S W Tr Intense silicificatiom from 140m M M W Tr M M W Tr DYKE m DYKE: upper contact 40o to CA, dark grey, salt and pepper, magnetic, medium-grain- W coarse grain crowded plagioclase phenocryst 60%, 20% mafic phenocryst 1-2mm W W W W W W W

82 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 6 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology W W W W W W W Down contact of dyke angular and irregular W DACT m DACITE PYROCLASTIC TUFF: fine grained, medium light grey green, angular to flattened aligned fragments, more foliated with sericite + concordant quartz veinlets +veins, massive pyrite bands CGS /2cm-3cm wide multiple ANDT m ANDESITIC TUFF? Medium grain green+/-grey, mafic fragmental generally <1mm, aligned M M W plagioclase phenocryst/crystal start to m 1-5% section m there are fragments M M W 8 2 Tr to 2-3cm felsic before summing to general amount M M W 8 15 Tr M M W Tr M M W Tr BL-2 bdl M M W 15 5 Tr M M W 5 30 Tr M M W 10 3_8 10 Tr M M W Tr M M M 10 5 Tr slip in film of gouge 10 5 Tr Tr SERP m SERPENTINITE: dark grey black with white carbonates coats, 2 bands of pyrite + chalcopyrite BAS 1/2 cm +1 1/2 cm, upper contact has film of gouge 80o to CA m BASALT: dark grey green, massive, quartz chlorite stockwork veinlets, magnetic, unaltered CGS-1A Pyrh%

83 Hole No: DHL07-07 tal Depth: m Dip: -85 o Azim: 290? o Page: 7 of 7 Coords.: E N Z: Start & Finish Date/Time: October 15-07/1pm - October 17-07/4pm Geologist: P. Cowley Lithology Mag% SERP m SERPENTINITE: dark green, foliated massive pyrite within 80% BAS m BASALT EOH NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 290?o, DIP-89o AT 65.00m, AZIMUTH o, DIP-85.80o AT m, AZIMUTH o, DIP-85.60o AT m, AZIMUTH o, DIP-85.60o

84 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 1 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct21-07/8am Geologist: P.Cowley Lithology Mag% DAC m DACITE: massive light grey, two sections highly oxidized crushed rock, massive pyrite 55o W W VW to CA 49cm long W W VW W W VW W W VW W W VW W W VW W W VW SERP m SERPENTINITE: angular contact reverse to CA, serpentinite light grey W W VW foliated talc rock slightly altered W W VW DAC m DACITE: massive light grey, disseminated+veinlet pyrite-small section m of serp vuggy creaming white qtz veins 1-2mm wide irregular-possible epithermal over printed SERP m SERPENTINITE: white foliated medium dark grey streaks highly altered, strongly foliated_faulted, various section of black less material but foliated serpentinite+massive BL-2 bdl FAULT m FAULT: green gouge QTZ m QUARTZ: black vuggy siliceous rock 15% vugs, drussy very fine qtz FAULT m FAULT: green gouge DAC m foliated DACITE: fol/banded sericite mustard yellow 30o to CA 1mm scale vs S VW banding at light dacitic rock, qtz irregular+foliation parallel with pyrite veining+veinlets+galena vs S VW % galena veinlets cross at foliation (shallow dipping) vs S VW vs S VW SERP m SERPENTINITE: strongly dark grey+white, strongly foliated+very talcy, foliation 45o to CA M

85 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 2 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Mag% invaded by quartz sweats, pods, veinlets, locally massive talc M FAULT-green gouge at 32m M M M M M M M M M FAULT- 10cm gouge S S S S W W W W W W W W DAC m DACITE: light grey green, massive, no texture, disseminated pyrite+/- chalcopyrite M M W 10 3 Tr FAULT-green gouge M M W 10 3 Tr SERP m SERPENTINITE DAC m DACITE: upper contact 40o to CA, massive light grey, locally sericite 1m/bond near base 70o to CA M M W 5-10 Tr_1 lower less may be a pyroclastic with mustard yellow sericite M M W 5-10 Tr_1 M M W 5-10 Tr_1 S M W 5-10 Tr_1

86 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 3 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Mag% SERP m SERPENTINITE: strongly foliated +talcy-white to some black streaks ANDT m ANDESITIC DACITIC TUFF: locally lapilli: medium grey green foliated, faint crystals+fregments MS M W aligned <1/2mm, fine grained tuff, very fine grained lapilli, at 64m healed fault juxtaposes 2 foliation MS M W directions, some wisps of foliation parallel pyrite and diss pyrite MS M W MS M W MS M W MS M W MS M W DAC m DACITE: light grey, siliceous, 1% quartz eyes, rest of rock texture less fine grained, massive M S VW /2-1 M S VW /2-1 M S VW /2-1 M S VW /2-1 M S VW /2-1 M S VW / massive pyrite+/-cpy vein 3cm at 40o to CA at 76.90m M S VW / DYKE m DYKE: dark grey salt pepper, medium grained plagioclase phenocryst crowded 1mm 60%, W mafic phenocryst 15%, magnetic upper contact irregular, chlorite on same fracture planes W W W W W W W W W W W W W

87 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 4 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Pyrh% AT 94.50m dyke become I fine medium grained dark grey, lower contact grades into dark grey serpentinite SERP m SERPENTNITE: locally talcy and streaky DAC m DACITE: medium greenish grey, foliated, 2-5% quartz eye preserved 2mm, unit has oxidized M M W Tr fractures planes M M W Tr M M W Tr M M W Tr ANDT m ANDESITIC TUFF+/- lapilli tuff: dark grey, foliation 50o to CA, felsic flattened aligned fragments M 3-5 Tr 1mm=/-2mm 1cm in very fine grained dark grey matrix, contact at 50o to CA sharp M 3-5 Tr DACT m DACITE; medium grayish green, mildly to moderately foliated, remnants quartz eyes 5% 2mm, M M M disseminated pyrite +/- wisps and 1mm bands of pyrite, bearing coarse grained medium+/-dark grey 1-2-3mm M M M fragments of feldspar crystals, chalcopyrite dissemination+local wisps M M M CGS-1A M S W M S W DYKE m DYKE: dark grey massive, 30% plagioclase, 40% mafic, plagioclase 1mm, mafic 1/2mm, magnetic, fine -medium grained DACT m DACITE TUFF: as above, moderately foliated 40o to CA, remnant 3-5% 2mm quartz eyes, medium M ms W grey-green, fine disseminated chalcopyrite thru-out+ quartz veins, pyrite, m veining quartz veins M ms W % with black pyrite in drussy area M ms W / M ms W M ms W M ms M M ms M M M M M M M

88 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 5 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Pyrh% ANDT m ANDESITIC TUFF: very fine grained dark grey to black, foliation at 65o to CA ms 3 Tr DACT m DACITIC TUFF: as above, medium light grey green, mild to moderately foliated, between m M M M / are steep quartz veining (0-10 to CA) 1-3m wide some with drussy quartz with sx (py-cpy) and black mineral like M M M / tourmaline M M M / M S M / M S M /2-1 M M M / ANDT m ANDESITE TUFF: very fine grained, dark grey to black, to CA DYKE m ANDESITIC TUFF: very fine grained dark grey, salt and pepper, magnetic, chlorite in some fractures surfaces, lower contact angular DAC m DACITE: massive, light medium grey green, local phantom plagioclase phenocryst 1-2mm, locally M ms vw /2 become blackened with very fine grained mineral M ms vw /2 M ms vw /2 Traces of Mo with cpy in qtz at 145m M ms vw /2 M ms vw /2 Fault 2cm of gouge +clay M ms vw / ANDT m ANDESITIC TUFF: dark grey to black, foliated at 70o to CA as with upper +lower contact 15-20% M ms vw light grey colored fragments <1/2mm aligned M ms vw DAC m DACITE: massive to mildly foliation, light grey green, vague porphyry texture with phantom M ms vw /2-1

89 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 6 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Pyrh% plagioclase phenocryst 1-2mm_quartz eyes 1-5%, massive pyrite vein 5cm at 40o to CA, also at start of unit 1 10mm M ms vw / band in 50% pyrite, quartz veining with chalcopyrite, diss py+cpy, subvertical 0-10o to CA quartz veining vuggy M ms vw stockwoks M ms vw M ms vw BL M ms vw ANDT m ANDESITIC TUFF: dark grey to black, foliated at 65o to CA, 25% fine grained fragments M M DYKE m DYKE: dark grey salt and pepper, crowded plagioclase porphyry, magnetic and massive

90 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 7 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Mag% DACT m DACITIC TUFF: fine grained, medium grey green, mild to medium foliated, sericite less locally, M wm M Tr_.5 quartz veining with minor tourmaline (black)+ pyrite+cpy dissemination M wm M Tr_.5 M wm M Tr_.5 M wm M Tr_ DACP m DACITE PORPHYRY: light grey +/-green, massive, phantom plagioclase phenocryst 1-3mm, M ms vw Tr quartz veining stockwork with minor black tourmaline M ms vw Tr M ms vw Tr Mo on fractures plane M ms vw Tr DAC m DACITE: medium light grey green strongly, mild foliation, cpy only locally found occasional M ms vw Tr wisps/quartz veinings or dissemination, disseminated pyrite, minor <1mm veinlets of pyrite M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr M ms vw Tr DACT M DACITIC TUFF: more sericitic, mild moderate foliated, faint <1mm fragments aligned, medium S M vw CGS-1A light grey brown, pyrite bands 1mm to 10cm wide M M vw

91 Hole No: DHL07-08 tal Depth: m Dip: o Azim: 112 o Page: 8 of 8 Coords.: E N Z: Start & Finish Date/Time: Oct 17-07/7pm - Oct 21-07/8am Geologist: P.Cowley Lithology Mag% M M M M M M W W M SERP m SERPENTINITE: white light green+black streaks, talc altered, contact 80o to CA W W M W W M DACT m DACITIC TUFF: as above, multiple 1mm-1cm massive pyrite bands+/- second 5cm wide, quartz M ms M veinlets stockwork, pyrite veining near base has cpy over printing between m M ms M M ms vw ANDT m ANDESITIC TUFF: fine grained, dark grey to black foliated at 70O to CA, quartz veinlets ms S vw BL stockwork ms S vw S SERP m SERPENTINITE: dark green to black, sections of massive black rock other veined vw S somewhat talcy, the massive section sericitic high magnetic, content with wisps of cpy M S M S M W AND m ANDESITE: medium dark green, slightly magnetic, broken, fine grained, massive M W M W M W M W M W CGS-1A EOH bdl NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 112o, DIP-85.50o AT 75.00m, AZIMUTH o, DIP-86.50o AT m, AZIMUTH o, DIP-86.00o AT m, AZIMUTH Oo, DIP o AT m, AZIMUTH o, DIP-86.60o

92 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 1 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology MaL/Cpl% Mag% OVBR m Casing-overburden ANDT m ANDESITIC TUFF: lapilli tuff, medium green, mildy to CA, fine grained tuff with local mafic M 1 Tr_.5 fragments to 10% subangular to 1cm, <1mm fragments of mafic+intermediate composition, oxide on fractures M 1 Tr_.5 plane M 1 Tr_.5 M 1 Tr_.5 M 1 Tr_ DAC m DACITE: light grey, siliceous, malachite staining on some surfaces, section of broken oxidized rock at M ms vw Tr_ m M ms vw Tr_ ADAC m ANDESITIC-DACITIC TUFF: medium light green fine grained-medium grained, in broken section, so wm M M /4-.5 identification uncertain, mildly foliated <1/2mm crystals/fragments wm M M /4-.5 wm M M /4-.5 wm M M /4-.5 Section of broken oxidized rock from 13-15m wm M M /4-.5 wm M M / DACT m DACITE TUFF: tuff medium light grey-green, quartz eyes, plagioclase+mafic fragments <1/2mm M ms W /4-.5 moderately foliated, pyrite dissemination+along wisps/hairline veinlets, cpy diss and associated with quartz M ms W /4-.5 veining, quartz veining subvertical at 70o to CA, creamy white grey 1cm scale with diss chalcopyrite+10cm M ms W /2-1 lower contact gradational M ms W /2-1 at 20 15cm section of high oxide broken-crushed rock at 21m M ms W /2-1 M ms W M ms W M ms W M ms W M ms W BL-3 bdl Section of broken oxidized rock from 27-28m and Mo on fracture planes at 29.40m M ms W M ms W M ms W M ms W

93 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 2 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology Mag% M ms W Cpy dependant on proximity +within quartz veining, so abundance of quartz veining important for cpy grade, + ms ms W foliation wisps, some focused cpy of foliation planes M ms W M ms W DACP m DACITE PORPHYRY: medium +/- light grey green, massive to mildy foliated to moderate ms S W / foliated with served wisps phantom 2mm plagioclase as 10-30%, quartz ayes rare-5%, hairline to 2cm pyrite ms S W / veinlets with quartz by 43m become more obvious porphyry texture and more chloritic but still mild-moderate ms S W / foliated, cpy not evenly distributed, dependent of quartz veining foliation lanes +wisps of foliation, some ms S W /2-1 focused cpy in some areas of quartz veining+foliation planes, pyrite focused on hairline veining to 2cm ms S W _2 generally with accompanying quartz belongs, at 45.40m is quartz veining white 4cm wide with septa of black ms ms W _2 tourmaline 35o to CA (diff veining-whiter then the cpy bearing white grey glossy veining), veining fracture ms ms W /2-2 controlled chalcopyrite wm ms ms 3 3 1/2-2 wm ms ms 3 3 1/2-2 wm ms ms /2-2 wm ms ms /2-2 wm ms ms /2-2 wm ms ms /2-2 wm ms ms /2-2 wm ms ms /2-2 wm ms ms /2-1 wm ms ms 10 5_8 1/2-1 wm ms ms 3 5_8 1/2-1 wm ms ms /4-.5 M ms ms /4-.5 Fault zoned: 10cm of crushed clayey rock at 55m wm ms ms /4-.5 wm ms ms /4-.5 wm ms ms /4-.5 wm ms ms /4-.5 wm ms ms / DYKE m DYKE: dark grey-black, crowded plagioclase porphyry medium coarse grained, magnetic, massive W

94 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 3 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology Mag% contact sharp at 60o to CA, at 83m is 5cm wide white quartz vein with black tourmaline septa at 30o to CA DACP m DACITE: medium green grey, massive to mildly foliated subhedral plagioclase phenoscryst ws M M mm 20%, quartz eyes 5% ws M M 3 1 Tr Fault at 77m ws M M 3 1 Tr ws M M 3 1 Tr ws M M 3 1 Tr_.2 ws M M 3 1 Tr_.2 ws M M 3 1 Tr_.2 ws M M Tr_1 ws M M 5 1 Tr_1 ws M M 5 1 Tr_ m stockworks of quartz tourmaline veining subvertical generally ws M M 5 1 Tr_ m slight hematite overprinting ws M M 5 1 Tr_1 ws M M Fault gouge at 88 ws M M At 88.15m is quartz (white) vein 10cm at 35o to CA with black tourmaline septa, at 86-90m several hairline to 3mm ws M M pyrite veinlet with associated quartz, subvertical quartz veining 0-20o to the CA with cpy+/-mo ws M M

95 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 4 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology ws M M ws M M ws M M ws M M ws M M / ws M M / at m white quartz veining with black tourmaline septa M S W Tr M S W CGS-1A M S W DAC m DACITE: medium light grey green, no phenocryst obvious locally to moderate foliated M ms W M ms W M ms W M ms W Tr_.5 M ms W Tr_.5 M ms W Tr_.5 Fault at 106m, 30o to the CA, 20-30cm of clay+ground quartz vein-white quartz vein with chlorite septa M M M /2-1 M M M /2-1 M M M M M M Section m strong local fractures control chalcopyrite M M M M M M Tr_.5 M M M Tr_.5 M M M Tr_.5 M M M Tr_ DACT m DACITE:as above but wit vague plagioclase quartz eye porphyritic textures, massive medium grey green Pyrh% DAC m DACITE:medium green grey, moderately foliated, no porphyry texture, fine grained, blebs of chalcopyrite in quartz veining+disseminated in unit+/- fractured control chalcopyrite

96 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 5 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology Pyrh% DACP m DACITE PORPHYRY: fined porphyry texture plagioclase phenocryst 2-3mm, disseminated cpy, light grey steep angles hairline veining with cpy 10o to CA ADAC m ANDESITIC DACITIC TUFF: medium green, fine grained, moderately foliated, faint angular locally to 3mm DACP m DACITE PORPHYRY: faint porphyritic texture, medium light grey green, plagioclase quartz eyes, disseminated pyrite, several py-cpy bonds with quartz veining, sx 1-3cm wide, hairline fractures with pyrite, traces diss cpy and on fringe of pyrite veinlets DACT m DACITE:medium-light green foliated (mild) faint fragments fine grained, hairline to 1/2cm wide fracturing of pyrite+/-cpy BL-3 M M M Tr M M M Tr M M M Tr M ms W Tr at 148m Centimeters scale pyrite+/-cpy band 1-2cm plus some hairline veinings, fracture+veinlets controlled M ms W Tr cpy M ms W Tr CGS-1A M M W Tr_

97 Hole No: DHL07-09 tal Depth: m Dip: --85 o Azim: 244 o Page: 6 of 6 Coords.: E N Start & Finish Date/Time: Oct 21-07/1Pm - Oct 23-07/10am Geologist: P.Cowley Z: Lithology Pyrh% M M W Tr_ ms M W Tr_ M wm W Tr_ unit becomes less foliated at m-only disseminated pyrite then rare potassic veinlets M wm M Tr M wm M Tr M wm M Tr M wm M Tr M wm M Tr M wm M Tr BL-3 M wm M Tr ANDT m ANDESITIC TUFF: fine medium grained mafic fragments <1mm, medium dark green, massive M M M at m 14cm interval with 25% diss pyrite+come talc streak - varying on serpentinite-foliated M DYKE m DYKE: dark grey crowded plagioclase phenocryst, magnetic, massive EOH NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 244o, DIP-85o; AT 30.00m, AZIMUTH o, DIP-83.70o AT 80.00m, AZIMUTH o, DIP-83.20o; AT m, AZIMUTH o, DIP-83.20o AT m, AZIMUTH o, DIP-83.40o

98 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 1 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: P.Cowley Lithology MaL/Cpl% Mag% OVBR m Casing-Overburden mal DAC m DACITE: medium light green siliceous, 1-2% quartz eyes, 1-2mm all other textures obliterated M ms VW Tr_.2 fine grained matrix, oxidized fractures FeOx, some with malachite staining, broken faulted ground to 16m, M ms VW Tr_.2 cpy disseminated fractured controlled, disseminated pyrite, some hairline pyrite wisps+occasional 1mm-1cm M ms VW Tr_.2 bonds of massive quartz+/-quartz, near base cpy is also quartz pyrite on controlled M ms W Tr_.2 M ms W Tr_.2 M ms W Tr_.2 M ms W Tr_.2 M ms VW Tr_.2 M ms VW Tr_.2 M ms VW Tr_.2 Fault at 15.50m, 2cm gouge at 55o to CA M S VW M S VW cpy M S VW Tr M M W Tr M M W Tr M M W Tr_.5 M M W Tr_.5 M M VW Tr_ DACP M M VW Tr_.5 M S VW Tr_.5 M S VW Tr_.5 M S VW M S VW M S VW M S VW CGS-1A ANDT m ANDESITIC TUFF: to lapilli Tuff, medium dark green, foliated 40o to CA, aligned mafic to M 2 Tr

99 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 2 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: P.Cowley Lithology intermediate fragments <1mm to flattened 1cmx3cm, lower contact gradational M 2 Tr DAC m DACITE: medium grey green, foliated, quartz+plagioclase or crystal-can't tell if it is a crystal M M W Tr_.2 Mag% tuff or porphyry, hairline stockwork veinlets/quartz. M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_.2 M M W Tr_ DYKE m DYKE dark grey salt and pepper, massive, magnetic, plagioclase phenocryst 50% 1mm-2mm in W dark grey matrix, crowded porphyry to isolated disseminated pyrite W W W W W W at m altered section of dykes with chlorite/silification-slight pink could be potassic alteration W chlorite veining brecciated section W W W DACP m DACITE PORPHYRY: medium grey green, weak moderately foliated, quartz +plagioclase wm MS W /2-1 phenocryst 2mm 30-40%, silification observes textures, cpy diss+in quartz veining wm MS W /2-1 wm MS W / DYKE m DYKE: upper 50o to the CA, dark grey salt and pepper, massive, plagioclase phenocryst 50% W 1mm-2mm in dark grey matrix, crowded porphyry W W W W

100 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 3 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: P.Cowley Lithology Mag% W W W W DACP m DACITE PORPHYRY:, light grey, 30-40% plagioclase phenocryst 2mm 1-3% quartz eyes 1-2mm M M VW massive to slightly foliated, m is moderately foliated to sheared with upper +lower portions M M VW broken+clay films/gouge=fault, at 67.50m is a pyrite massive 30o to CA, 1mm wide, disseminated M M VW fractures cpy throughout unit 70.36m M M VW Fault at 68m S M VW S M VW M M VW 3-5 Tr Tr DAC m DACITE: light+/- medium green, silicifed, mild-moderate foliated, locally vague porphyry textures M M VW but mostly obliterated textures from alteration M M VW BL M M VW M M VW Tr_ M M VW Tr_.5 M M VW Fault at 78m M M VW M M VW M M W Fault at 81m M M W /4 M M W /4 Fault at 83m S M VW S M W M M W /2-1 M M W /2-1 M M W /2-1 Disseminated at m, quartz vein 5cm wide at 30o to CA with black tourmaline septa M M W /2-1 M M W / M M W /2-1

101 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 4 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: P.Cowley Lithology Pyrh% M M W /2-1 M M W /2-1 M M W /2-1 S M W /2-1 M M W / Fault M M W / M M W / Fault M S VW / M S VW / Fault M S VW / M S VW M S VW / CGS-1A M S VW / ADACT m ANDESITIC DACITIC TUFF:medium green, moderately foliated, sx py+cpy veining foliation W M M Tr parallel <1mmscale, very fine grained unit about to start to intensify in alteration by 109m W M M Tr W M M Tr W M M Tr W M M Tr W M M Tr W M M Tr W M M Tr M M W Tr NOTE:Sample No did not use M M W Tr M M W M M W M M W ANDT m ANDESITIC-DACITIC TUFF:-medium grained moderately at m, then strong from M M W m, massive chalcopyrite+pyrite zoned from m 50o to CA and m 60o to CA M M W intense silicification at m with hairline ser+quartz+clay veining with some pyrite+chalcopyrite M M W Fault-broken rock with clay film at118.00m M M W

102 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 5 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: P.Cowley/H.Castillo Lithology Pyrh% M M W M M W BL M M W M M W M M W S S M W M M _ W M M _ W M M W M M _ W M M _ W M M _ CGS-1A W M M _ DACP m DACITE PORPHYRY:quartz eyes mm-cm in size, medium to dark grey green, weak to W M M moderate foliated, massive, at 135m fault with sericite-gouge, with massive sulphide at m cpy W M M in quartz vein, at m 50 to CA, at m 40oCA, m 90oCA, m- W M M o CA, at m 30-60o to CA, from m pyrite+cpy quartz vein with % pyrite, W M M from m massive pyrite+cpy 90o to CA, from m pyrite+cpy vein 80o to CA, W M M lower contact to DYKE 50o to CA W M M / W M M W M M W M M BL W M M S M M S M M S M M S M M S M M S M M S M M

103 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 6 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: H.Castillo Lithology Pyrh% DYKE m DYKE: dark grey, salt and pepper, massive, magnetic, 50% plagioclase phenocryst in dark W grey matrix, with traces of disseminated fine grained pyrite, weak chlorite-epidote in fractures W CGS W W W W W W DACP m DACITE PORPHYRY: light medium grey, massive moderately foliated, strong silification, and M M M 5 5 1/ m with disseminated pyrite, veins/veinlets of quartz+pyrite, at m porphyrytic with 50% M M M 5 5 1/ plagioclase phenocryst M M M 5 5 1/ M M M 5 5 1/ BL M M M 5 5 1/ W S S Tr W W W Tr W W W Tr W W W Tr W W W Tr W W W Tr SERP m SERPENTINITE: dark grey, strongly foliated with pyrite vein, disseminated and chlorite sericite M M S 1 5 <1 alteration M M S 1 5 < ADACT m ANDESITIC-DACITIC TUFF: medium green, moderately foliated poor sulphide content, with M W M Tr veinlets of quartz chlorite sericite=10-15% M W M Tr M W M Tr M W M Tr M W M Tr M W M Tr M W M Tr EOH M W M Tr

104 Hole No: DHL tal Depth: m Dip: --90 o Azim: 00 o Page: 7 of 7 Coords.: E N Z= m Start & Finish Date/Time: Oct 23-07/2Pm - Oct 27-07/11pm Geologist: H.Castillo Lithology Mag% NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 00o, DIP-90o AT 78.00m, AZIMUTH 292o, DIP-88.88o AT m, AZIMUTH o, DIP-89.00o AT m, AZIMUTH o, DIP-88.20o

105 Hole No: DHL tal Depth: m Dip: --68 o Azim: 309 o Page: 1 of 5 Coords.: E N Z= m Start & Finish Date/Time: Oct 28-07/4AM - Oct29-07/11:30AM Geologist: H.Castillo Lithology MaL/Cpl% Mag% OVBR m Casing - Overburden W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr ADACT m ANDESITIC-DACITIC TUFF: medium grey green to dark green to light green, weak to moderately W W M 2 Tr foliated (thin foliation), strongly broken core from m with limonite staining (oxidation) along joints W W M 2 Tr and fractures, at m fault zoned, with malachite staining along joints and fractures from m W W M 2 Tr W M W 2 Tr W M W 2 Tr W M W 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr Poor core recovery from m W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr W W M 2 Tr DACP m DACITE PORPHYRY: light to medium grey green, with <5% plagioclase phenocryst W M W 2 2 from m, broken core from , moderately foliated-thin foliation 40-50o to CA, W W M 2 with malachite+limonite along joints and fractures, from m with 3-5% quartz vein/veinlets, W W M 2

106 Hole No: DHL tal Depth: m Dip: --68 o Azim: 309 o Page: 2 of 5 Coords.: E N Z= m Start & Finish Date/Time: Oct 28-07/4AM - Oct29-07/11:30AM Geologist: H.Castillo Depth in meters Lithology Silicificatio'n Mag% strong silicification M M W 2 Tr Tr M M W 2 Tr Tr M M W 2 Tr Tr M M W 2 Tr Tr M M W 2 2 Tr M M W 2 2 Tr M M W 2 2 Tr At 38.00m BTOX-bottom of oxidation zoned and at 40.00m BPOX-bottom of partial Oxidation M M W Tr M M W Tr DACP FROM m massive Dacite Porpyhyry? Light grey green to medium green with 30-40% M M W Tr plagioclase phenocryst, with massive sulphide from m 5-7% pyrite with traces of cpy. M M W Tr 40-55m with quartz- chlorite hairline veinlets, with moderate to strong silification, weak to M M W Tr moderately foliated, m strong silicification, at m massive sulphide 90o to CA, M M W Tr very strong sil at m and 62-65m, from 47-49m with Mo in vein 90o to CA at also M M W Tr at 55.43,-65.55m with Mo along fractures planes +<1% cpy+3-5%pyrite diss and in veins M M W Tr S M W S M W Tr S M W Tr S M W Tr S M W Tr S M W Tr S M W Tr S M W Tr W M W 2 5 Tr S M W 2 5 Tr S M M S M S CGS S M M S M M S M M

107 Hole No: DHL tal Depth: m Dip: --68 o Azim: 309 o Page: 3 of 5 Coords.: E N Z= m Start & Finish Date/Time: Oct 28-07/4AM - Oct29-07/11:30AM Geologist: H.Castillo Lithology Silicification Mag% S M M S M M S M M S M M S M M <1 S M M <1 S M M <1 S M M <1 S M M < SERP FAULT CONTACT with SERPENTINITE 30o to CA with 3% pyrite+/-cpy DAC m DACITE: light to medium grey green, massive, weak foliation, strongly silicified M S M 3_5 Tr <1 from m, from m and m, with mg -carbonate vein (rhondoncrosite?) M S M 3_5 Tr <1 from mm to.5cm 88.74m massive with strong chlorite alteration M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 M S M 3_5 Tr <1 W S M 3_5 7 <1 W M S 3_5 7 <1 W M S 3_5 7 <1 W M S 3_5 7 <1 W M S 3_5 7 <1 W M S 3_5 7 <1 at m FAULT 30o to CA W M S 3_5 7 <1 M M M 3_5 7 <1 at m massive pyrite vein 45o to CA in contact with Serpentinite M M M 3_5 7 <

108 Hole No: DHL tal Depth: m Dip: --68 o Azim: 309 o Page: 4 of 5 Coords.: E N Z= m Start & Finish Date/Time: Oct 28-07/4AM - Oct29-07/11:30AM Geologist: H.Castillo Lithology Pyrh% SERP m SERPENTINITE M S M 3 3 Tr W W M 1 3 Tr BL ANDT m ANDEISTIC -DACITIC TUFF: dark green, fne grained weakly foliated, massive, with serpentinite W W M 1 3 Tr bonds at m W W M 1 3 Tr W W S 1 3 Tr SERP m SERPENTINITE: medium to dark green, strongly foliated, with 50-60% quartz-talc W W S < veins/veinlets along foliation, with strong chlorite+epidote alteration and strong sericite W W S Tr W W S Tr W W S Tr M S S M S S M S S CGS S S S S W S 5-6 Tr S W S 5-6 Tr S W S 5-6 Tr S W S 5-6 Tr S W S 5-6 Tr S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S 5-6 S W S S W S 5-6

109 Hole No: DHL tal Depth: m Dip: --68 o Azim: 309 o Page: 5 of 5 Coords.: E N Z= m Start & Finish Date/Time: Oct 28-07/4AM - Oct29-07/11:30AM Geologist: H.Castillo Lithology Pyrh% S W S S W S 5-6 EOH NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 309o, DIP-68o AT 62.00m, AZIMUTH o, DIP-69.20o AT m, AZIMUTH o, DIP-69.50o

110 Hole No: DHL tal Depth: m Dip: --68 o Azim: 242 o Page: 1 of 4 Coords.: E N Start & Finish Date/Time: October 30-07/5PM - October 31-07/2PM Geologist: H.Castillo Z: (Coords are est. only) Lithology MaL/Cpl% Mag% OVBR m Casing Overburden ADACT? m ANDESITIC_DACITIC TUFF?: medium light grey green, silicia, strongly broken, W W M <1 with malachite+/- limonite along joints and fractures, moderately foliated (thin foliation) W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M <1 W W M < DACP m DACITE PORPHYRY: light grey green, >2% plagioclase phenocryst, with 2% quartz eyes, W W M <1 texture is obliterated, weak to moderately foliated, strongly broken core, with limonite and malachite W W M <1 along joints and fractures plane, fault at m W W M <1 W W M <1 W W M <1 W W M < SERP m SERPENTINITE: dark grey, strongly foliated with pyrite vein 2cm 90o to CA at the bottom W W M 3 2 contact with dacite porphyry W W M DACP m DACITE PORPHYRY: same as above DACP W M M 3 2 W M M <1 Tr W M M <1 Tr W M M <1 Tr

111 Hole No: DHL tal Depth: m Dip: --68 o Azim: 242 o Page: 2 of 4 Coords.: E N Start & Finish Date/Time: October 30-07/5PM - October 31-07/2PM Geologist: H.Castillo Z: (Coords are est. only) Lithology Mag% W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr W M M <1 Tr DACP m DACITE PORPHYRY: with 50% plagioclase and quartz ayes phenocryst, light to medium grey M S M 3 Tr green, weak to moderately foliated, with strong silicification from m, with massive pyrite vein M S M 3 Tr at m 90o to CA, from m vertical, from m 50o to CA, DACP is broken, M S M 3 Tr weak to moderately broken M S M 3 Tr M S M 3 Tr M S M Tr M S M Tr M S M Tr M S M Tr M S M Tr M S M 3 Tr Tr M S M 3 Tr Tr M S M 3 Tr Tr M S M 3 Tr Tr M S M 3 Tr Tr M S M 3 Tr Tr M S M < M S M < M S M < BL M S M <1

112 Hole No: DHL tal Depth: m Dip: --68 o Azim: 242 o Page: 3 of 4 Coords.: E N Start & Finish Date/Time: October 30-07/5PM - October 31-07/2PM Geologist: H.Castillo Z: (Coords are est. only) Lithology Mag% from 61 to 65m with Mo on fracture planes M S M 3 2 Tr M S M 3 2 Tr M S M 3 2 Tr M S M 3 2 Tr ANDT 65-68m ANDESITE TUFF?: dark green, massive weak foliation fault contact with upper DACP M S M 2 2 Tr M M M 2 2 Tr M M M 2 2 Tr DAC m DACITE: light grey green, massive, weak to moderately foliated, strong silicification, fault contact M M M 2 2 Tr with ANDT in the upper contact M S M 2 2 Tr M S M 2 2 Tr M S M 2 2 Tr SERP m SERPENTINITE: dark grey, strongly foliated, with massive cpy vein 10-15% at m W S M DAC m DACITE: light grey green strong silicification, with massive pyrite+chalcopyrite vein at 76.00m W S W 1 2 Tr o to CA, fault contact with Andsitic Tuff W S W 1 2 Tr W S W 1 2 Tr ANDT m ANDESITIC TUFF?: dark grey, massive, weak to moderately foliated W S W 1 2 Tr W M M 1 2 Tr W M M 1 Tr Tr W M M 1 Tr Tr W M M 1 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr W M M 2 Tr Tr from m strongly silicified Andesitic Tuff with 5-7% chalcopyrite and >10% pyrite, veins and M M M 2 Tr Tr disseminated M M M M M M STD GS

113 Hole No: DHL tal Depth: m Dip: --68 o Azim: 242 o Page: 4 of 4 Coords.: E N Start & Finish Date/Time: October 30-07/5PM - October 31-07/2PM Geologist: H.Castillo Z: (Coords are est. only) Lithology Pyrh% SERP m SERPENTINITE: dark grey green, strongly foliated S S S 5 3 < and 3-5% pyrite S S S 5 3 < ANDT m ANDESITIC TUFF: dark grey green massive, moderately foliated with 3-5% chalcopyrite and S S S 5 3 < % pyrite S S S 5 3 < SERP m SERPENTINITE: dark grey green color massive, strongly foliated, strong chlorite+talc+epidote W S S 10 alteration, poor sulphide minerlization W S S 10 W S S 10 W S S 10 W S S 10 W S S 10 W S S 10 W S S 10 W S S EOH W S S 10 NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 242o, DIP-68o AT 54.00m, AZIMUTH o, DIP-69o AT m, AZIMUTH o, DIP-69.50o

114 Hole No: DHL tal Depth: m Dip: -78 o Azim: 205 o Page: 1 of 4 Coords.: E N Z= m Start & Finish Date/Time: Oct 31-07/5PM - Nov 1-07/4PM Geologist: H.Castillo Lithology MaL/Cpl% Mag% OVBR m Casing+overburden ADACT m ANDESITIC-DACITIC TUFF?: light to medium grey green, strongly broken core, weak to W W M moderately foliated, quartz vein+malachite at m, 11.80m, at o to the CA, bleaching W W M at m with.3% malachite in joints and fractures plane at m W W M W W M W W M W W M W W M W W M W W M W W M W W M W W M W W M SERP mSERPENTINITE; Dark green, strongly foliated 50o to CA, oxidized ADACT m ANDESITIC-DACITIC TUFF: medium grey green, strong chlorite alteration and foliated, with W W S 1 <1 Tr malachite =1% from m W W S 1 <1 Tr W W S 1 <1 Tr W W S 1 <1 Tr SERP SERPENTINITE: dark grey green, moderately foliated with chalcopyrite veinlets ADACT? m ANDESITIC-DACITIC TUFF: medium grey green,, strong chlorite alteration and foliated M M M DACP m DACITE PORPHYRY: light grey green color, strongly broken core, weak to moderately foliated M M M 1 1 >3% quartz phenocryst plagioclase but obliterated because of the alteration, fault zoned at m, M M M 1 1 with disseminated fine grained pyrite and pyrite veinlets, with malachite along joints and fractures plane, M M M 1 1

115 Hole No: DHL tal Depth: m Dip: -78 o Azim: 205 o Page: 2 of 4 Coords.: E N Z= m Start & Finish Date/Time: Oct 31-07/5PM - Nov 1-07/4PM Geologist: H.Castillo Lithology Mal/ Mag% from m massive core M M M M M M M M M M M M M M M M M M M M M Fault+oxide+clay at 38-39m M M M M S S Tr M S S Tr M S S Tr Pyrite vein at 42.10m 40o to CA M S S Tr M S S Tr Fault at 43.20m M S S Tr W S S 3 1 <1 W S S 3 1 <1 W S S 3 1 <1 W S S 3 20 <1 W S S 3 <1 < ANDT m ANDESITIC-DACITIC TUFF: dark green, thin foliated, massive, strong chlorite alteration with M S S 3 < minor hematite in fractures plane M S S 3 < DACP m DACITE PORPHYRY: light grey green, massive, strongly silicified, weak to moderately foliated M S S 3 <1 M S S 3 <1 M S S 3 <1 M S S 3 <1 M S S 3 <1 M S S 3 < DYKE m DYKE: dark grey, salt and pepper textured, 20% plagioclase phenocryst with diss fine grained pyrite DAC m DACITE: light grey green, weak to moderately foliated, strong silification with massive pyrite+/-cpy M S S 3_5 2 1

116 Hole No: DHL tal Depth: m Dip: -78 o Azim: 205 o Page: 3 of 4 Coords.: E N Z= m Start & Finish Date/Time: Oct 31-07/5PM - Nov 1-07/4PM Geologist: H.Castillo Lithology Mag% vein at m 70o to CA, Mo in joint plane at 62.00m, pyrite+/-chalcopyrite at 62.30m 50o to CA, M S S massive pyrite+/-chalcopyrite at m 40o to CA and 5cm py+/-cpy vein at 66.00m 40o to CA M S S M S S BL M S S M S S ANDT m ANDESITIC TUFF: dark green, foliated, massive, moderately silicified, strong chlorite with W M S disseminated py+/-cpy and veinlets, pyrite vein at 66.23m 50 to CA W M S W M S DAC m DACITE: light grey green, massive, with disseminated and pyrite veinings at 69.57m 50 to CA, M S M from m massive pyrite 10-15% and 2%cpy, at m massive cpy =10%, M S M at >7-10%pyrite+1%cpy vein 40o to CA, strong silification from m M S M from m >5% diss+veins of pyrite, pyrite veinat 78.10m 80o to CA, at 79.30m pyrite vein 70o to CA M S M M S M CGS M S M M S M M S M M M S M M S 2 5 Tr M M S 2 5 Tr M M S 2 5 Tr M M S 2 5 Tr SERP m SERPENTINITE: dark grey green and strongly foliated S W S 2 Tr Tr ADACT m ANDESITIC-DACITIC TUFF: dark grey green color, strongly broken core, weak to moderately S W S 3 2 Tr foliated, with pyrite vein at m 40o to CA, and m 90o to CA, S W S 3 2 Tr NOTE: poor core recovery from 83-90m FAULT ZONED? S W S 3 2 Tr S W S 3 2 Tr S W S 3 2 Tr S W S 3 2 Tr S W S 3 2 Tr S W S 3 2 Tr

117 Hole No: DHL tal Depth: m Dip: -78 o Azim: 205 o Page: 4 of 4 Coords.: E N Z= m Start & Finish Date/Time: Oct 31-07/5PM - Nov 1-07/4PM Geologist: H.Castillo Lithology Ep+Talc Pyrh% SERP m SERPENTINITE: green green, strongly broken core and foliated, strong chlorite+talc+epidote S W S 10 Tr alteration S W S 10 Tr ANDT m ANDESITIC TUFF: dark grey green, fine grained, thin foliation 40o to CA with massive S M S chalcopyrite vein at m, m and m 40o to CA, Fault Contact with Serpentinite S M S SERP m SERPENTINITE: dark grey green, strongly foliated, strong chlorite+epidote+talc alteration, S W S S 10 Tr BL traces of sulphides S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr S W S S 10 Tr EOH S W S S 10 Tr NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 205o, DIP-78o AT 50.00m, AZIMUTH o, DIP-77.60o AT m, AZIMUTH o, DIP-78.30o

118 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 1 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology MaL/Cpl% Mag% OVBR m Casing - No recovery ADACT m ANDESITIC DACITIC TUFF light grey green, strongly broken core, weak to moderately W W M <1% Tr Tr foliated, bleaching from m and from m, with malachite along joints and fractures W W M <1% Tr planes from m, also iron staining in joints and fractures planes W W M <1% Tr M M W <1% Tr <1 M M W <1% Tr <1 M M W <1% Tr <1 M M W <1% Tr <1 M M W <1% Tr < QTZVN m QUARTZ VEINS: brecciated vein with limonite veinlets S 100 Tr DACP m DACITE PORPHYRY: light grey green, broken core from m, massive W M M 1 Tr <1 from m >10-15% quartz phenocryst, malachite in joints and fractures planes from 18-24m, W M M 1 Tr <1 with quartz+chl stringers W M M 1 Tr <1 W M M 1 Tr <1 W M M 1 Tr <1 W M M 2 Tr <1 W M M 2 Tr W M M 2 Tr m DACITE porphyry -masive, light grey green, with 5-15% quartz eyes with intense chlorite+ W M M 2 Tr pyrite veins/veinlets/stockworks, chalcopyrite is wthin pyrite veinlets, cpy hairline and disseminated; W M M massive pyrite vein at 32.40m 30o to CA, W M M W M M W M M W M M 3-5 1

119 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 2 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Mag% W M M W M M m =10%, series of pyrite veins in strongly silicified dacite porphyry, at m massive W M M quartz vein 50o to CA, at 39.90m 2 cm masive pyrite vein 45o to CA, The dacite porphyry also have a pinkish W M M color =may be potassic alteration related to porhyry system? W M M W M M W M M W M M W M M W M M W M M m strngly silicified Dacite Porphyry with 20-30% pyrite dissemination and massive veins and W M M >2% cpy; from m >90%pyrite W S W W S W W S W m, m and m with pyrite veins 40o to CA W S W W M M CGS W M M W M M ANDT m ANDISITIC-DACITIC TUFF: medium grey green, massive, moderately foliated (thin foliation) W M M with pyrite vein at 53.62m W M M W M M W M M DACP m DACITE PORPHYRY: light grey green, massive, strongly silicified, moderately foliated, W S W with pyrite vein at m 7-10% py+/- <1% cpy 40o to CA, at 57.00m 80 to CA, quartz vein W S W at 8.15m 30o to CA, massive pyrite=80%py+2%cpy at m 60o to CA, at m W S W quart-pyrite vein 40o to CA, at m massive pyrite vein 70o to CA W S W W S W W S W W S W

120 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 3 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Mag% W S W 10 5 Tr W S W 10 5 Tr ADACT m ANDESITIC-DACITIC TUFF: medium grey green, massive, thin foliation with >20% disseminated W M M 2 2 Tr and veins/veinlets to pyrite+/-cpy W M M 2 2 Tr DACP m DACITE PORPHYRY: light grey green to medium grey green, massive, weak to moderatel W M M Tr BL foliated >20% quartz ayes phenocryst, strongly silicified from m with 5-7% disseminated and W M M Tr veinlets of pry+/-cpy from m with 10%pyrite and <1% cpy diss and veins, massive py veins from, W S S Tr m 45o to CA m 70o to CA, m 80o to CA, cm 90o to CA and W S S Tr from m a parallel veins+stockwork pyrite vein =15%, at a 3 cm pyrite vein 90o to CA, W S S at m quatz-pyrite vein 60o to CA and m 90o to CA, from m pinkisk W S S color may be related to potassic alteration of porphry system W S S W S S Tr W S S < W S W < W S W < CGS W S M < W S W < W S M Tr W W M Tr W S W Tr W S W Tr W S W Tr W S W Tr W W M Tr W W S Tr DYKE m DYKE SERP m SERPENTINITE: dark grey, with talc+chlorite+quartz vein=80%, weak silification, weak to S S S moderately foliated, at m 5-10% cpy+3% pyrite disseminted and veins/veinlets, S S S m unmineralized S S S S S S

121 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 4 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Pyrh% S S S S S S S S S S S S ADACT m ANDESITIC-DACITIC TUFF: medium grey green,moderately broken core from m, W M M 3 2 with Mo at m in joints and fratures planes, strong chlorite alteration from m W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M SERP m SERPENTINITE: dark grey green,foliated, talc+ser+chl+clay along foliation S M S ANDT m ANDESITIC-DACITIC TUFF: medium grey green,moderately broken core from m, W M S 3 2 with Mo at m in joints and fratures planes, strong chlorite alteration from m W M S 3 2 W M S 3 2 W M S 3 2 W M S 3 2 W M S 3 2 W M S SERP m SERPENTINITE: dark grey green,foliated, massive with pyrite veinings W M S ANDT m ANDESITIC-DACITIC TUFF: light grey green to medium green, massive, weak folaition, M S W 5 3 with strong silification from m, quartz-pyrite vein at m, M S W 5 3 pyrite vein at m 50o to CA M S W 5 3 M S W 5 3 M S W 5 3 M S W 5 3 M S W 5 3 M S W 5 3

122 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 5 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Pyrh% AT m Fault between ANDT and SERP M S W SERP m SERPENTINITE: dark grey green, foliated, silcified from m, pyrite vein M S W 30 2 at m 2cm 60o to CA M S W DACT m DACITIC TUFF to DACITE to DACITE PORPHYRY: light grey green, with quartz eyes W S M Tr phenocrystin strongly silcified groundmass or matrix? The rock is obliterated from 148m, the quartz W S M Tr eys =20%, at mfault zoned=strongy broken core, pyrite vein from mm to cm at m, W S M Tr m, m, m, m 50o to CA, at m 70o to CA, at m W S M Tr fault with pyrite 80o to CA, massive pyrite at m 30o to CA, m 40o to CA and m W S M Tr 40o to CA, at m 2cm pyrite vein 40o to CA,at m quartz-pyrite vein 50o to CA, W S M Tr at m seried of pyrite veinlets and disseminated =10%,at pyrite vein 40o to CA, W S M Tr at m veritcal pyrite vein W S M Tr m generally have disseminated and hairline, veins, venlets of pyrite W S M Tr W S M Tr BL W S M Tr M S M Tr M S M Tr M S M Tr M S M Tr M S M Tr M S M Tr W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr m pinkish color, may be potassic ateration related to porhyry system W S M Tr W S M Tr W S M Tr W S M Tr

123 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 6 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Pyrh% W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr m massive pyrite+/-cpy 85o to CA W S M Tr CGS W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr m pyrite vein 30o to CA, from increase in pyrite veinings and dissemination W S M Tr mnerization W S M Tr W S M Tr W S M Tr BL W S M Tr W S M Tr AND m ANDESITE: dark grey green, massive, moderatelt silicified and strongly chlorite alteration, W M S Tr fine grained and thin fliation, with hairline of quartz vein and pyrite and also disseminated pyrite and traces W M S Tr of cpy with massive pyrite 10-20% and >1% cpy at m W M S Tr W M S Tr SERP m SERPENTNITE: medium green to light green, strongly foliated, mderately silicified, strong M M S 10 2 chlorite+epidote+ser+talc alteration with disseminated and veins of pyrite and also pyrite along the foliation. M M S 10 2 M M S 10 2 M M S 10 2 M M S 10 2 M M S 10 2 M M S ANDT m ANDESITIC TUFF: grey green, strongly silicified with 20% pyrite+2%cpy at m S M M 20 3

124 Hole No: DHL tal Depth: m Dip: --83 o Azim: 340 o Page: 7 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 1-07/7pm - Nov 5-07/3pm Geologist: H.S. Castillo Lithology Mag% SERP m SERPENTINITE: foliated, moderately silicified with 3% pyrite S M M S M M ANDT m ANDESITIC-DACITIC TUFF: dark grey green, massive, moderately silicified and strong W M S chlorite alteration with >1% disseminated and veins of pyrite W M S W M S CGS W M S W M S W M S W M S W M S SERP m SERPENTINITE: dark grey, strongly foliated, with weak to moderate silification, S M S 10 1 strong chlorite+ epidote+talc+sericite alteration, with 7-10%pyrite+2-3%cpymineralization from S M S m, and m 5cm massive chalcopyrite vein, from m strongly chl+epi+talc S M S 10 1 altered serpentinite with no significant mineralization S M S 10 1 S M S S M S S M S S M S 10 S M S 10 S M S 10 S M S 10 S M S 10 S M S 10 NOTE: DOWN HOLE SURVEY S M S 10 AT 0.00m, AZIMUTH 340o, DIP-83o S M S 10 AT 58.00m, AZIMUTH o, DIP-83o S M S 10 AT m, AZIMUTH o, DIP-83o S M S 10 AT m, AZIMUTH o, DIP-83.20o S M S 10 AT m, AZIMUTH o, DIP-83o S M S EOH S M S 10

125 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 1 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology MaL/Cpl% Mag% OVBR Casing-Overburden ADACT m ADESITIC-DACITIC TUFF?: light grey green, strongly broken core, with malachite I joint and W M W 2 <1 fractures planes, also limonite no fresh sulphide W M W 2 <1 W M W 2 <1 W M W 2 <1 W M W 2 < DACP m DACITE PORPHYRY: light grey green to medium green, from m strongly broken core, M M M 2 Tr <1 >5-15% quartz eyes phenocryst in medium grained groundmass, from also with malachite and M M M 2 Tr <1 limonite along joints and fractures planes, from m is massive DACP, with chalcopyrite veins+pyrite M M M 2 Tr <1 from 28-34m, cpy+py vein at m 60o to CA, at m 90o to CA, Mo at 34.10m in joints planes, M M M 2 Tr <1 massive pyrite vein at m 60o to CA, DACP is weak to moderately foliated M M M 2 Tr <1 M M M 2 Tr <1 M M M 2 Tr <1 M M M 2 Tr <1 M M M 2 Tr <1 M M M 2 Tr <1 M M M 3-5 Tr M M M 3-5 Tr M M M M M M M M M 3-5 2

126 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 2 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Mag% M M M M M M M M M At 35.10m pyrite vein 35o to CA M M M M M M BL-3 bdl M M M m strongly silicified DACP >70% altered, with 10-20% pyrite in series of parallel veinlets and W S M Tr disseminated pyrite, also from m W S M Tr W S M Tr W S M Tr W S M Tr W S M Tr m, 43.73,m 44.00m and m with quartz+py+/-cpy veinings M M M Tr M M M Tr M M M Tr DAC m DACITE: medium grey green, massive, moderately foliated, strong chlorite alteration, moderately W M S Tr silicified, with massive pyrite at m 60o to CA W M S Tr W M S Tr W M S Tr W M M Tr W M M Tr W M M Tr DACP m DACITE PORPHYRY: light to medium grey green, strongly massive, weak to moderately foliated, W M M Tr moderately chloritic and strong silification from m and m, massive pyrite vein at W M M Tr 54.60m 50o to CA W M M Tr W M M Tr W M M Tr W M M Tr W M M Tr W M M Tr

127 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 3 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Mag% m massive pyrite vein 80o to CA, also from m W M M Tr W M M Tr W M M Tr m massive 70o to CA W M M Tr W M M Tr m massive pyrite W M M Tr W M M Tr CGS DAC m DACITE: light to medium green, massive moderately strong chlorite, weakly foliated, W M M Tr strong silicification from m and m, massive pyrite vein at m 30o to CA, W M M Tr m 40 to CA, m and m 50 o to CA W M M Tr W M M Tr W S W Tr W S W Tr W S W Tr W S W Tr W S W Tr W S W Tr W S W Tr W S W Tr W S W W S W Fault from m and DYKE with salt and pepper texture SERP m SERPENTINITE: dark grey, strongly foliated, strong talc+ser+epidote alteration S W S 5 <1 S W S 5 <1 S W S 5 <1 S W S 5 <1 S W S 5 <1 S W S 5 < AND m ANDESITE: dark grey green, fine grained, thin foliation, strong chlorite and moderately M M S 5 2 silicified, massive with 3% disseminated pyrite, veinlets and veins, with Mo at joints and fractures planes M M S 5 2

128 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 4 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Pyrh% M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 At m with pyrite vein 40o to CA M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S 5 3 M M S SERP m SERPENTINITE: dark grey, strongly foliated, epidote+chlo+ talc altered serpentinite M M S 5 3 M M S AND m ANDESITE: dark grey green, foliated with serpentinite band at m and M M S m, chalcopyrite vein at m 80o to CA M M S DACP m DACITE PORPHYRY: light to medium grey green, with >10-20% quartz eyes phenocryst, W M S 3 2 several location is obliterated because of alteration, moderately chlorite alteration from m W M S 3 2 and m, strong silicification with massive pyrite veining and disseminated pyrite from m, W M S 3 2 pinkish color from m may be potassic alteration related to Porphyry system, moderate W M S 3 2 sericite alteration, DACP is broken core to massive and weak foliation W M S 3 2 W M S 3 2 W M S 3 2

129 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 5 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Pyrh% W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W M M 3 2 W S M W S M W S M BL W S M W S M M M S M M S SERP m SERPENTINITE: dark grey green, foliated, chl+epi+talc altered serpentinite M M S DACP m DACITE PORPHYRY: light grey green and massive M M S 5 3 M M S SERP m SERPENTINITE: dark grey green, foliated, chl+epi+talc altered serpentinite M M S AND m ANDESITE: dark grey green, fine grained, strong chlorite alteration, massive, weak foliation, W M M 2 3 fault at m W M M DAC m DACITE: light grey green, massive, moderately foliated, broken core, strongly silicified M S M 3 5 and moderately chloritic alteration, with pyrite veins at m 40o to CA, m 70 to CA, M S M 3 5 at m and m 80o to CA with disseminated and pyrite veins M S M 3 5 M S M 3 5 M S M 3 5 M S M 3 5

130 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 6 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Pyrh% M S M 3 5 M S M AND m ANDESITE: medium grey green, fined grained to andesitic tuff?, massive and moderately W M S 2 2 foliated, with disseminated and veinings of pyrite+chl+quartz hairline veinlets, massive pyrite vein W M S 2 2 at m 40o to CA, m quartz-pyrite vein 40o to CA, at pyrite vein 50o to CA, W M S m pyrite vein 40o to CA and m 20o to CA W M S 2 2 W M S 2 2 W M S 2 2 W M S DAC m DACITE:light grey green, massive, strong silicification from mwith M M W 5 5 disseminated+veinings of pyrite, pyrite increase from m, with massive pyrite at m M M W M M W M M W W S W 5 10 Tr W S W 5 10 Tr W S W 5 10 Tr W S W 5 10 Tr CGS SERP M SERPENTINITE: dark grey green, strongly foliated, traces of pyrite from m, S W M at m with 3% pyrite in vein, disseminated along foliation S W M S W M S W M S W M MSPY m MASSIVE SULPHIDE 90%pyrite+3% chalcopyrite W S W W S W ANDT? m ANDSITIC-DACITIC TUFF: dark grey green, massive, weak foliation, moderately silicified W M S 5 1 W M S 5 1 W M S 5 1 W M S 5 1 W M S 5 1 W M S 5 1

131 Hole No: DHL tal Depth: m Dip: o Azim: 297 o Page: 7 of 7 Coords.: E N Z= m Start & Finish Date/Time: Nov 6-07/71am - Nov 8-07/4pm Geologist: H.S. Castillo Lithology Mag% W M S MSV m MASSIVE SULPHIDE 90%pyrite+3% chalcopyrite W S W W S W ANDT ANDESITIC-DACITIC TUFF: dark grey green, massive, strong chlorite, moderately W M S silicified, weak foliation, from m-mineralization, strongly silicified with disseminated and W M S BL veins of cpy >4-5%, pyrite=7-10% W M S W M S W M S W M S W M S Tr SERP m SERPENTINITE: dark grey green, strongly chlorite+epidote+talc alteration, strongly foliated, S W S 3 Tr Tr no sulphide mineralization, with several location with cpy along foliation <1% from m S W S 3 Tr Tr S W S 3 Tr Tr S W S 3 Tr Tr S W S 3 Tr Tr S W S 3 Tr Tr S W S 3 Tr Tr AND m ANDESITE: dark grey green, massive, strong chlorite and moderately silicified, S W S 3 Tr Tr EOH traces of sulphid NOTE: DOWN HOLE SURVEY AT 0.00m, AZIMUTH 297o, DIP-80.50o AT 50.00m, AZIMUTH o, DIP-79.80o AT m, AZIMUTH o, DIP-81.10o AT m, AZIMUTH o, DIP-79.60o AT m, AZIMUTH o, DIP-79.60o

132 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 1 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% OVBR m Overburden-Casing AND m ANDESITE - strong to mod weathered, broken core with limonite + malachite in joints W M W 1% 1% Tr and fractures moderately silicified and weak chlorite alteration, weak to moderately foliated W M W 1% 1% Tr W M W 1% 1% Tr W M W 1% 1% Tr W M W 1% 1% Tr W M W 1% 1% Tr DACP m DACITE PORPHYRY - medium grey green with 10-20% qtz eye phenocrysts, mod silicified W M W 1% 2% Tr groundmass; m strongly broken core and oxidized; with limonite and malachite in joints and W M M 1% 2% Tr fractures; mod chlorite and weak sericite alteration; m massive dacite porphyry; W M M 1% 2% Tr m strongly silicified with massive pyrite, m 80 c/a; m with W M M 1% 2% Tr 3 parallel pyrite vein in mod sil DACP W M M 1% 2% Tr W M M - - 3% Tr W M M 3% Tr W M M 3% Tr M M 3% Tr W M M 3% Tr

133 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 2 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% W M M 3% 1% - W M M 3% 1% W M M 3% Tr W M M 3% Tr W M M 3% Tr W M M 3% Tr W M M 3% 3% m strong silicification with disseminated pyrite, veins of pyrite, cpy veinlets and diss = 1% W M M 3% 3% 1% m-cm pyrite veins at m, 38.55m, 38.58m 60 c/a, At m 80 c/a. At m 80 c/a, W S M 3% 3% 1% At m 60 c/a W S M 3% 3% 1% W S M 3% 3% 1% W S M 3% 3% 1% W S M 3% 3% 1% W S M 3% 3% 1% W S M 3% 3% 1% W M M 3% 1% Tr W M M 3% 1% 1% DYKE m DYKE - dark grey medium grained (andesite?) with diss pyrite DACP m DACITE PORPHYRY - medium grey green, massive, mod broken core, moderate to W M M 5% 3% Tr strong silicificationmod to strong chlorite; weak sericite; pyrite occur as dissemination and veins and W S M 5% 3% Tr STD GS with qtz vein and chlorite vein cpy is noted as diss and veinlets; molly also noted from m; also W M M 5% 3% Tr at 60- mod to strong pyrite and qtz veining, m-cm-massive pyrite at , parallel m-cm pyrite vein W M M 5% 3% Tr c/a; At m 50 c/a; At m 60 c/a; At 56.00m 60 c/a; At m 40 c/a; W M M 5% 3% Tr m 40 c/a, At 59.80m cpy vein W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1%

134 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 3 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% At m 60 c/a W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% W M M 5% 5% 1% M S M 10% 1% 1% m strong sil + mod ser, weak chlorite zone with pyrite veins and stockwork + cpy=1% M S M 10% 1% 1% M S M 10% 1% 1% W M S 10% 1% 1% W M S 10% 1% 1% BL m strong sil + pyrite vein and stockworks +/- cpy=1%, At 71.53m pyrite vein; m M S M 10% 1% 1% strong chlorite, mod silicified DACP; with 1% diss + vein of cpy + moly, py + cpy vein at 73.85m 60 c/a; M S S 10% 1% 1% At 74.18m, At 74.60m M S S 10% 3-5% 1% M S S 10% 3-5% 1% M S S 10% 3-5% 1% M S S 10% 3-5% 1% M S S 10% 3-5% 1% M S S 10% 3-5% 1% ADACT m ANDESITE - DACITE TUFF? - medium grey green, massive, weak foliated; with pyrite + cpy + M M S 10% 3-5% 1% mo mineralizationcpy at 77.10m; pyrite vein at m 70 c/a; At 80.10m pyrite vein; cpy vein M M S 10% 3-5% 1% at m 70 c/a M M S 10% 3-5% 1% M M S 1% 3-5% 1% M M S 2% Tr SERP m SERPENTENITE - dark grey; massive; with chlorite + epidote + talc alteration; with 20% qtz vein; M M S 2% Tr - mod foliated with traces of pyrite M M S 2% Tr - M M S 2% - - M M S 2% - - M M S 2% - - M M S 2% - - M M S 2% - - M M S 2% - -

135 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 4 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% DAC m DACITE - strongly silicified, massive, strongly broken core, At m qtz vein of pyrite, W S S 2% 1% - massive pyrite at m 90 c/a W S S 2% 1% - W S W 2% 1% SERP m SERPENTINITE - dark green grey; massive; with 5% qtz + chlorite veins; mod silicified, strong W S W 2% 1% STD GS chlorite + epidote alteration; poor mineralization; At m silicified SERP? Or andesite of 1% cpy W S W 3% 2% and 3% pyrite disseminated and vein; fault at m M M S 5% 2% M M S 5% 2% - M M S 5% 2% - M M S 5% 2% - M M S 5% 2% - Fault zone - poor recovery M M S 5% 2% DAC m DACITE - medium grey green; massive, strong chlorite m, mod up to ; mod W M S 5% 2% - sil m and strong up to m; pyrite vein at the contact with serpentinite W M S 2% <1 - W M S 2% <1 - W M S 2% <1 - W M S 2% <1 - W M S 2% <1 - W M M 2% <1 - W S M 2% <1 - W S M 2% < SERP m SERPENTINITE - dark grey, strongly foliated M M S 5% 1% DACP m DACITE PORPHYRY - light grey green; massive with 10-20% qtz eyes phenocrysts in mod sil M M M 3% 2% - and mod chlorite groundmass; pyrite vein at c/a; At m massive cpy 70 c/a M M M 3% 2% - M M M 3% 2% - M M M 3% 2% - M M M 3% 2% DAC m DACITE - light grey green; massive; mod foliated; broken core from m; m; M M M 3% 2% m; mod silicified from m and strongly silicified from m; mod chlorite alteration M M M 3% 2% - M M M 3% 2% - M M M 3% 2% -

136 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 5 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology m, from with diss + veinlets + stringers of py = 2%; from m of moly in joints and M M M 3% 2% - fractures; at m qtz-pyrite vein 20 c/a M M M 3% 2% - M M M 3% 2% - M M M 3% 2% - M M M 3% 2% - Fault M M M 3% 2% - W M M 3% 2% - W M M 3% 2% - At 129m py + qtz vein; at m py+cpy vein 40 c/a; at m; W S M 5% 7% Tr at m py vein 40 c/a W S M 5% 7% Tr at m with diss py+cpy; veins of py+cpy; W S M 5% 7% 1-2% at m py+cpy vein 60 c/a; W S M 5% 7% 1-2% at 133 py+cpy vein 40 c/a W S M 5% 7% 1-2% W S M 5% 7% 1-2% At m 2m of massive qtz vein with massive pyrite W S M 5% 7% 10 Tr mineralization = 10-20% with 1% cpy and 1% moly W S M 5% 20% 10 1% BL W S M 5% 20% 1% W S M 5% 2% W S M 5% 2% - W S M 5% 2% - W S M 5% 2% - W S M 5% 2% - W S M 5% 2% FAULT m Fault contact with ADACT W M M 5% 2% ANDAT m ANDESITE - DACITE TUFF? - light grey green; massive from m; then W S M 3% 2% - broken core from m strong silicification from m; fault at m poor recovery; W S M 3% 2% - cpy vein at m 90 c/a W S M 3% 2% - W S M 3% 2% - W S M 3% 2% - W S M 3% 2% - Mag%

137 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 6 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% ANDAT W S M 3% 2% 2% W M S 3% 2% 2% W M S 3% 2% 2% W M S 3% 2% 2% W M S 3% 2% 2% At m strongly broken core M M S 3% 2% 2% M M S 3% 2% 2% M M S 3% 2% 2% M M S 3% 2% 2% M M S 3% 2% 2% M M M 3% 2% SERP m SERPENTINITE - dark grey, strongly foliated; massive py at contact and at m S W S 2% 5% 1% AND m ANDESITE - dark grey green, massive, strongly sil and chlorite alteration, with massive py vein W S S 2% 5% at m = 17cm 90 c/a; with 20% qtz veining W S S 2% 5% - W S S 2% 5% - W S S 2% 5% - W S S 2% 5% - W S S 2% 5% - W S S 2% 1% M. SULP m MASSIVE SULPHIDE - (90% PY + 2-3% CPY) W W - 1% 9% 2-3% AND m ANDESITE - dark grey green with diss + veinlets of cpy + py W W W 1% 9% 2-3% % 2-3% DAC m DACITE - light grey green, massive, strong chlorite, mod sil with diss py + vein at c/a M M S 3% 1% STD GS M M S 3% 1% M M S 3% 1% AND m ANDESITE - dark grey with 1% py + 2% cpy diss + vein + along foliation W S W 1% 2% 2% SERP m SERPENTINITE - dark grey green, strongly foliated, strong chl + epidote M W S 3% AND m ANDESITE - dark grey green, fine grained, weak foliation, with 2-3% diss cpy + 2% py W M M 1% 2% 2-3% SERP m SERPENTINITE - dark grey green, strongly foliated, moderatley silicified W M M 5% 1% 1% from m, weak silicification from m W M M 5% 1% 1%

138 Hole No: DHL07-16 tal Depth: 183m Dip:-83 o Azim:197 o Page: 7 of 7 Coords.: E N Start & Finish Date/Time: Nov 08, pm / Nov 11, am Geologist: H.S. Castillo Z= m Lithology Mag% strong chlorite + epidote + talc alteration with cpy veins at m, M M M 5% 1% 1% m, and m from m-cm in thickness M M M 5% 1% 1% M M S 5% 1% 1% W W S 5% 1% - W W S 5% - - W W S 5% - - W W S 5% - - W W M 5% AND m ANDESITE - massive, strong broken, fine grained, dark grey W M M 1% Tr - mod silicified and chlorite alteration W M M 1% Tr - W M M 1% Tr SERP m SERPENTINITE - dark grey, strongly foliated, strong chlorite + epidote + talc alteration, W W S 5% Tr - no mineralization W W S 5% Tr - W W S 5% Tr - W W S 5% Tr - W W S 5% Tr - W W S 5% Tr EOH W W S 5% Tr - Down Hole Survey Depth 0.00m; Azimuth 183o; Dip-83o Depth 50.00m; Azimuth o; Dip-82.30o Depth m; Azimuth o; Dip-81.80o Depth m; Azimuth o; Dip-81.80o Depth m; Azimuth o; Dip-81.40o

139 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 1 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= Lithology Mag% OVBR m Overburden -Casing DACP m DACITE PORPHYRY - light grey green from m, from m bleached color W M M 1% 2% Tr oxidation, m light grey colour, FAULT m with poor recovery, massive 26-29m light W M M 1% 2% Tr grey greeen, FAULT 29-31m from m light grey green, from oxidized zone with limonite + M S W 1% 2% Tr malachite in joints and fractures, with traces of sulphides (py), from with 10-20% qtz eyes phenocrysts M S W 1% 2% Tr M S W 1% 2% Tr M S W 1% 2% Tr M S W 1% 2% Tr M S W 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr M W W 1% 2% Tr M W W 1% 2% Tr M W W 1% 2% Tr M W W 1% 2% Tr M W W 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr W M M 1% 2% Tr

140 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 2 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% W M M 1% 2% W M M 1% 2% W M M 1% 2% W M M 1% 2% W M M 1% 2% BL m - DACITE PORPHYRY - with >20% qtz eye phenocrysts, weak to mod foliated, light W M M 1% 2% to medium grey green, strong sil and mod chl from m with diss + vein of pyrite; Intense veining M S M 3% 7% 1% from m; also with hairline of cpy; cm py vein at 36.50m 80 o to C/A, o to C/A; m M S M 3% 7% 1% strong chlorite and mod silicification with several pyrite veining, m strong silicification M S M 3% 7% 1% moderate chlorite alteration with diss pyrite and veining at m 50 C/A; m 60 C/A; M S M 3% 7% 1% C/A; m massive pyrite 12 cm thick 50 C/A; m strong chlorite, M M S 3% 3% Tr mod silicified DACP with diss pyrite and cpy+moly vein at 49m 20 C/A at 49.30m moly + cpy + M M S 3% 3% Tr qtz vein 30 C/A M M S 3% 3% Tr M M S 3% 3% Tr M S M 3% 5% 1% M S M 5% 5% 1% M S M 5% 5% 1% M M S 5% 2% 1% M M S 5% 2% Tr M M S 5% 2% Tr DYKE m DYKE - dark grey green, massive M M S 5% 2% Tr DACP massive DACP, medium grey green, strong chlorite and mod silicification, with qtz W M S 5% 2% Tr veining and pyrite vein at 51.47m, 52.70m, 52.90m, 53.58m, 56.77m, 56.98m, 57.09m W M S 5% 2% Tr W M S 5% 2% Tr W M S 5% 2% Tr W M S 5% 2% Tr m light grey green DACP, mod to strongly silicified, moderate chlorite with 30% W M S 5% 2% Tr hariline chl+qtz+ pyrite veining, disseminated+harilne cpy veins, with cm-5cm massvie pyrite veins at M S M 10% 5% < m 60 c/a; at m 6 cm pyrite vein 40 c/a; at m 40 c/a; at m 50 c/a; M S M 10% 5% < m 50 c/a; at m 40c/a; at m 50 c/a; at m 40 c/a; at m M S M 10% 5% <

141 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 3 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% 40 c/a; at 72.43m 40 c/a; at m 70 c/a; massive pyrite 10cm at m 90 c/a; pyrite vein M S M 10% 5% < STD GS at m 50 c/a M S M 10% 5% < M S M 10% 5% < M S M 10% 5% < M S M 10% 5% < M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% <1 M S M 10% 5% < DAC m DACITE - light green grey from m, then medium green from m; M S M 10% 5% < massive with 10% qtz veining strongly sil from m, mod chlorite, strong chlorite from m; M S M 10% 5% <1 with cpy at 74.30m, 75.15m, 75.85m, diss from m; pyrite zone from m, diss and M S M 10% 5% <1 massive pyrite, fault at m M S M 10% 5% <1 M S M 10% 5% < M S M 10% 5% < M M S 10% 5% < M M S 10% 5% Tr BL M M S 10% 5% Tr SERP m SERPENTINITE - dark grey; massive; strongly foliated with strong chlorite + epidote, M M S 4% - 1% mod silicified, >4% quartz veining, cpy vein at m 40 c/a M M S 4% - 1% M M S 4% - 1% M M S 4% - 1% M M S 4% - 1% M M S 4% - 1% M M S 4% - 1%

142 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 4 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% M M S 5% - - M M S 5% - - M M S 5% - - M M S 5% DACT m DACITE TUFF? - light grey green, massive, strong silicification and mod chlorite alteration, W S M 1% 2% <1 cpy in qtz vein at m weak foliation, with hairline pyrite, chl + qtz veins with diss py + cpy W S M 1% 2% <1 from m; W S M 1% 2% <1 W S M 1% 2% <1 W S M 1% 2% <1 W S M 1% 2% <1 W S M 1% 2% < SERP m SERPENTINITE - dark grey, massive, strong chl + ep alteration M M S 1% DACT m DACITE TUFF? - light grey green, massive, strong sil + mod chl alteration W S M 1% 2% SERP m SERPENTINITE - dark grey, massive, with strong chl + ep + talc alteration, >50% M M S 7% - - chlorite + epidote +talc, qtz veins / stwks; very poor mineralization, strong foliation; moderately broken core M M S 7% - - M M S 7% - - M M S 7% - - M M S 7% - - M M S 7% - - M M S 7% - - M M S 7% - - M M S 7% DAC m DACITE TO DACITE TUFF - light grey green, strongly sil, mod chl alteration; M S M 3% 1% - fault m; broken core from m with diss fine grained pyrite M S M 3% 1% - M S M 3% 1% - M S M 3% 1% AND m ANDESITE - medium grey green, massive, mod sil, strong chlorite alteration, weak foliated; M M S 2% < m <1% py from m >2% pyrite + traces of cpy; at m pyrite vein cm 40 c/a M M S 2% <1 M M S 2% <1 M M S 2% <1

143 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 5 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% M M S 2% < DACP m DACITE PORPHYRY - light green grey, >20-30% qtz eyes phenocrysts in silicified and M M S 3% 2-3% - chlorite groundmass massive, moderately broken, from m moderate to strong silicification M M S 3% 2-3% - and chlorite alteration m strong silicification and moderate chlorite alteration, weak M M S 3% 2-3% - to mod foliated DACP m with diss fine grained pyrite >2-3% + 3% in hairline and mm-cm M M S 3% 2-3% - pyrite vein at 126.1m 40 c/a at m qtz vein with pyrite 50 c/a; at c/a; at m; M M S 3% 2-3% - at parallel mm pyrite vein; at m >10% mm-cm pyrite veining; at m with M M S 3% 2-3% - cpy + pyrite vein M M S 3% 2-3% - M M S 3% 2-3% - M M S 3% 2-3% - M M S 4% 2-3% - M M S 4% 2-3% - M M S 4% 2-3% - M M S 4% 5% <1% M M S 4% 5% <1% M M S 4% 5% <1% at and m mm pyrite vein 40 c/a; at m 30 c/a; at m 30 c/a; at m 70 c/a; M S M 4% 5% <1% at m 50 c/a; at 144.0m 20 c/a; at m 20 c/a; at 146.0m vertical; at m vertical pyrite vein; M S M 4% 5% <1% at 148.0m 30 c/a; at 149.0m vertical pyrite vein M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <1% M S M 4% 5% <

144 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 6 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% m increase in silicification + qtz veining, moderate foliation, pyrite content also increases M S M 7% 7% - diss and hairline veining; at mwith vertical and 40 c/a pyrite vein; at m diss + vein of pyrite M S M 7% 7% with one massive 3cm; m 30 c/a; at m with 3-5mm pyrite vein, at m M S M 7% 7% vertical pyrite vein, at c/a M S M 7% 7% M S M 7% 7% M S M 7% 7% M S M 7% 7% m with diss pyrite and hairline pyrite mineralization; m increase M S M 7% 7% pyrite veining and diss pyrite M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% M S M 7% 4% STD GS M S M 7% 4% M S M 7% 4% with 10% qtz - chlorite veinlet, strong chlorite alteration M S M 7% 4% AND m ANDESITE - medium to dark grey green, fine grained W M S 7% 4% SERP m SERPENTINITE - dark grey, foliated with >10% pyrite M W M 5% 10% 1% MSPY m MASSIVE SULPHIDE - 90% pyrite 2% cpy % 90% 2% AND m ANDESITE - dark grey green, fine grained, massive but strongly broken core with >5% W S S 5% 3% qtz veining, strongchlorite alteration, moderately silicified W S S 5% 3% - W S S 5% 3% - W S S 5% 3% - W S S 5% 3% -

145 Hole No: DHL07-17 tal Depth: 205m Dip: o Azim:125 o Page: 7 of 7 Coords.: E N Start & Finish Date/Time: Nov 11, pm / Nov 13, am Geologist: H.S. Castillo Z= m Lithology Mag% M S M 4% 5% <4% SERP m SERPENTINITE - dark green grey, strongly foliated with 20-30% qtz veining and along foliation, M M S 20-30% Tr strong chlorite + epidote alteration; At m sil + cpy veining in 20 cm core M M S 20-30% Tr M M S 20-30% Tr 1% M M S 20-30% Tr M M S 20-30% Tr M M S 20-30% Tr M M S 20-30% Tr BL At m with cpy = 3% + 2% py zoned M S S 20-30% 2% 3% M M S 20-30% 2% 3% M M S 20-30% Tr 3% At m with cpy veining (hairline) + dissemination in strong silicified SERP, cpy along foliation M S S 20-30% Tr 3% M S S 20-30% 2% 3% M S S 20-30% 2% 3% M M S 20-30% Tr M M S 20-30% Tr At m with parallel cpy hairline - m cpy veining and along the foliation, strong silicified SERP M SM S 20-30% 2% 3% M S S 20-30% Tr 3% M SM S 20-30% Tr 3% M M S 20-30% Tr 3% M M S 20-30% Tr 3% AND ANDESITE - dark green grey, fine grained, mod silicified and strong chlorite alteration, broken core from W M S 1% Tr - EOH m and massive m W M S 1% Tr - Down Hole Survey W M S 1% Tr - Depth 0.00m; Azimuth 125o; Dip-85.50o W M S 1% Tr - Depth 55.00m; Azimuth o; Dip-85.50o Depth m; Azimuth o; Dip-86.60o Depth m; Azimuth 144.4o; Dip-86.50o Depth m; Azimuth o; Dip-86.60o

146 Hole No: DHL07-18 tal Depth: 71m Dip: -90 o Azim: 00 o Page: 1 of 3 Coords.: E N Start & Finish Date/Time: Nov 13, am / Nov 15, am Geologist: H.S. Castillo Z= m Lithology Mag% OVBR DACP m DACITE PORPHYRY - light grey green; oxidized from m; mod silicified, M M M Tr 2% Tr - mod chlorite alteration with limonite veinsand staining along joints and fractures, moderately foliated M M M Tr 2% Tr - very poor core recovery; with minor malachite in joints and fractures, from m, massive core, strongly M M M Tr 2% Tr - silicified, mod chlorite alteration weakly foliated with hairline qtz veining, hairline pyrite veins and disseminated M M M Tr 2% Tr - M M M Tr 2% Tr - M M M Tr 2% Tr - M M M Tr 2% Tr - M M M Tr 2% Tr - M M M Tr 2% Tr - M M M Tr 2% Tr - W S M Tr 5% 3% - W S M - 5% 3% - W S M Tr 5% 3% - W S M Tr 5% 3% - W S M Tr 5% 3% - W S M Tr 5% 3% W S M - 5% 3% STD GS ADACT m ANDESITE - DACITE TUFF?? - light to medium grey green, moderately thin foliation, with W S M 5% 10% 3-4% strong silicification mod chlorite alteration, with >10% qtz veins / stockwork of hairline qtz veins, with diss W S M 5% 10% 3-4% and veins of pyrite 3-5% + traces of cpy, moly W S M 5% 3% W S S 5% 3%

147 Hole No: DHL07-18 tal Depth: 71m Dip: -90 o Azim: 00 o Page: 2 of 3 Coords.: E N Start & Finish Date/Time: Nov 13, am / Nov 15, am Geologist: H.S. Castillo Z= m Lithology noted in fractures from 28-35m; massive sulphide from m >3-5% cpy + 70% pyrite; W S S 5% 3% pyrite + qtz vein of m, at m oxidized zone (fault), at 33m vertical qtz vein with pyrite W S S 5% 3% cpy vein at 34.90m, at m parallel pyrite veining from mm to cm 50 o C/A W S S 5% 3% W S S 5% 3% Tr W S S 5% 3% W S S 5% 3% BL W S S 5% 3% SERP m SERPENTINITE- medium to dark green and strongly foliated with diss sulphide W S S 5% 3% AND m ANDESITE - dark grey green, moderately-strong silicified, strong chlorite W S S 5% 1% - alteration + epidote, massive, mod broken core, with 5% qtz veins + stockworks; from m with W S S 5% 1% - hematite along fractures and joints W S S 5% 1% - W S S 5% 1% - W S S 5% 1% - W S S 5% 1% - W S S 5% 1% - W S S 5% 1% - W S S 5% 2% - S W S 1% 3% 1% FAULT m Fault Zone - mineralized zone - S W S 1% 3% 1% S W S 1% 3% 1% S W S 1% 3% 1% S W S 1% 3% 1% MSPY m MINERALIZED ZONE - in adesitic rock with 3-5% cpy + >20% py S M W 2% 10% 5% AND m ANDESITE - dark grey green, strong sil and chlorite alteration with >2% py W S S 3% 2% W S S 3% 2% MSPY m MINERALIZED ZONE - in andesitic rock with >5% cpy + >20% py in veins S M W 2% 5% 5% dissemination and along foliation with massive pyrite from m S M W 2% 2% 5% S M W 2% 2% 5% STD GS S M W 2% 2% 5% SERP m SERPENTINITE - medium to dark green, strongly foliated and M M S 10% - - Mag%

148 Hole No: DHL07-18 tal Depth: 71m Dip: -90 o Azim: 00 o Page: 3 of 3 Coords.: E N Start & Finish Date/Time: Nov 13, am / Nov 15, am Geologist: H.S. Castillo Z= m Lithology Mag% strong chlorite + epidote + talc alteration; with 10% qtz talc veins / stockworks M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% - - M M S 10% EOH Down Hole Survey Deoth 0.00m; Azimuth 00o; Dip-90 Deoth 35.00m; Azimuth o; Dip-89.70o Deoth 71.00m; Azimuth o; Dip-89.40o

149 Hole No: DHL tal Depth: 71.0m Dip: -80 o Azim: 185 o Page:1 of 3 Coords.: E N Start & Finish Date/Time: Nov 15, pm / Nov 16, am Geologist: H.S. Castillo Z= Lithology Mag% OVBR m Overburden- Casing DAC m DACITE - light grey green dacite with andesite band; moderately foliated, strongly broken core W M S 1% Tr - and poor recovery from m; with malachite from m; from m moderately W M S 1% Tr - silicified and chlorite alteration; with diss and veining of mar to an pyrite from m W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 1% Tr - W M S 2% Tr - W M S 1% Tr -

150 Hole No: DHL tal Depth: 71.0m Dip: -80 o Azim: 185 o Page: 2 of 3 Coords.: E N Start & Finish Date/Time: Nov 15, pm / Nov 16, am Geologist: H.S. Castillo Z= Lithology M M M 3% 2% - M M M 3% 2% SERP m SERPENTINITE - dark grey green, strongly foliated, >5% qtz and talc veining and + stwks, M M S 5% Tr strong chlorite + epidote alteration M M S 5% Tr W S S 2% Tr AND m ANDESITE - dark grey green, fine grained to medium grained, thin foliation, massive but strongly W S S 2% Tr - broken core with >2% qtz veining, poor mineralization W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr - W S S 2% Tr Tr SERP m SERPENTINITE - dark grey, strongly foliated fault and from m mineralized, S W S 5% >1% >3% from m with 10% PY and > 3% CPY S W S 5% >1% >3% S W S 5% >1% >3% AND m ANDESITE - dark grey green, fine grained, mod foliated with > 20% qtz vein stockwork, W S S 20% Tr massive, strong silification and chlorite alteration, traces of pyrite, at 52.64m qtz vein with CPY, 60 C/A W S S 20% Tr W S S 20% Tr BL W S S 20% Tr - W S S 20% Tr - W S S 20% Tr - W S S 20% Tr - from m sil andesite with > 5-7% cpy and > 5% py M S M 1% >5% 5-7% veins, diss + along foliation M S M 1% >5% 5-7% M S M 1% >5% 5-7% SERP m SERPENTINITE - dark grey, strongly foliated, strong silicification with CPY 2-3% + S S M 1% >5% 5-7% PY 5% on diss + vein+ along foliation - NOTE: mineralization m S M M 1% >5% 2-3% Mag%

151 Hole No: DHL tal Depth: 71.0m Dip: -80 o Azim: 185 o Page: 3 of 3 Coords.: E N Start & Finish Date/Time: Nov 15, pm / Nov 16, am Geologist: H.S. Castillo Z= Lithology AND m ANDESITE - dark grey green, fine-med grained, with strong hematite chl + epi alteration, M M S 1% Tr massive, traces of sulphides (py) M M S 1% Tr SERP m SERPENTINITE - dark grey green, mod silicified and strong chlorite + epidote + talc M M S 20% alteration, strongly foiated with >20% qtz + talc veining/stwks M M S 20% - - M M S 20% - - M M S 20% - - M M S 20% - - M M S 20% - - M M S 20% - - M M S 20% M M S 20% - - EOH M M S 20% - - Mag% Down Hole Survey DEPTH AZ DIP Depth 0.00m; Azimuth 185o; Dip-80o Depth 71.00m; Azimuth o; Dip-79.30o

152 Assessment Report Lexington Property Diamond Drilling APPENDIX II GEOCHEM RESULTS 2

153 Hole ID Length Sample # CU% AU ppb Ag Al % As Ba Bi Ca % Cd Co Cr Cu Fe % La Mg % Mn Mo Na % Ni P Pb Sb Sn Sr Ti % U V W Y Zn DHL < < < < < <5 <20 33 <0.01 <10 25 < DHL < < < < <5 <20 68 <0.01 <10 22 < DHL < < < <5 <20 69 <0.01 <10 20 < DHL < < < <5 <20 46 <0.01 <10 10 < DHL < < < <5 < <0.01 <10 11 < DHL CGS > < >10000 >10 < <20 63 <0.01 <10 41 < DHL < < < <5 <20 98 <0.01 <10 10 < DHL < < < <5 < <0.01 <10 12 < DHL < < < <5 < <0.01 <10 12 < DHL < < < < <5 <20 54 <0.01 <10 15 < DHL < < < <5 <20 51 <0.01 <10 15 < DHL < < < <5 <20 38 <0.01 <10 13 < DHL < < < < <2 <5 <20 73 <0.01 <10 14 < DHL < < < < <5 <20 53 <0.01 <10 11 < DHL < < < <5 <20 81 <0.01 <10 8 < DHL07-01 BL <5 < < < < <5 < <10 23 < DHL < < < < <2 <5 < <0.01 <10 9 < DHL < < < < <5 < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 7 < DHL < < < <5 <20 83 <0.01 <10 12 < DHL <5 < < < <5 < <10 79 < DHL < < < <5 < <10 24 < DHL < < < < <5 < <10 17 < DHL < < < <5 <20 98 <0.01 <10 13 < DHL < < < < <2 <5 < <0.01 <10 14 < DHL < < < < <5 < <0.01 <10 10 < DHL07-01 CGS > < >10000 >10 < <20 65 <0.01 <10 40 < DHL < < < < <2 <5 < <0.01 <10 10 < DHL < < < < <5 < <0.01 <10 7 < DHL < < < < <5 < <0.01 <10 10 < DHL < < < <5 <20 70 <0.01 <10 8 < DHL < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 25 < DHL < < <5 < <0.01 <10 17 < DHL < < < < <5 < <0.01 <10 21 < DHL < < < < <5 < <0.01 <10 15 < DHL07-01 BL < < < < <5 < <10 22 < DHL < < < < <5 < <0.01 <10 15 < DHL < < < < < <5 < <0.01 <10 15 < DHL <5 50 < < < <0.01 <10 20 < DHL < < < <5 < <0.01 <10 26 < DHL < < < < < <5 < <0.01 <10 13 < DHL < < < < <0.01 <10 21 < DHL < < < <5 < <0.01 <10 11 < DHL <5 45 < < < <5 < <0.01 <10 24 < DHL < < < <0.01 <10 14 < DHL >1000 > < > < < < <0.01 <10 11 <10 < DHL > < < < <0.01 <10 10 < DHL > <5 70 < > < < <0.01 <10 9 <10 <1 61 DHL < < < < <0.01 <10 5 < DHL > <5 45 < < < <10 16 < DHL < < < <5 < <0.01 <10 8 < DHL <5 55 < < < <5 < <10 7 < DHL07-01 CGS > < >10000 >10 < <20 70 <0.01 <10 40 < DHL < < <5 < <0.01 <10 3 < DHL <5 55 < < < <0.01 <10 10 <10 <1 16 DHL < < < < <5 < <0.01 <10 6 < DHL <5 60 < < < < <0.01 <10 13 < DHL < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 5 < DHL <5 45 < < < <0.01 <10 10 <10 <1 11 DHL < < < <5 < <0.01 <10 8 < DHL <5 50 < < < <0.01 <10 21 <10 <1 42 DHL < >10 < <5 < <0.01 <10 5 < DHL <5 65 < < < < <5 < <10 20 < DHL < < < < < <2 <5 < <0.01 <10 9 < DHL < < < < <5 < <0.01 <10 10 < DHL < >10 < <5 < <0.01 <10 4 < DHL <5 50 < < < <0.01 <10 10 < DHL07-01 BL bdl <5 < < < < <5 < <10 23 < DHL < < < < <5 < <0.01 <10 6 < DHL <5 70 < < < <0.01 <10 22 < DHL < < < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 12 < DHL < < < < <5 < <0.01 <10 10 < DHL < < < < <5 < <0.01 <10 6 < DHL < < < < <5 < <0.01 <10 5 < DHL < < < < <5 < <0.01 <10 5 < DHL < < < <5 < <0.01 <10 3 < DHL <5 60 < < < < <10 8 < DHL < < < <5 < <0.01 <10 4 < DHL07-01 CGS > < >10000 >10 < <20 70 <0.01 <10 41 < DHL < < < < < <2 <5 < <0.01 <10 14 < DHL < < < < <5 < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 4 < DHL < <5 75 < < < <0.01 <10 9 < DHL < < < <5 < <10 34 < DHL < <5 40 < < < <10 14 < DHL <5 65 < < < <10 21 <10 <1 24 DHL < <5 55 < < < <10 27 <10 <1 18 DHL <5 115 < < < <10 69 < DHL <5 45 < < < <0.01 <10 18 < DHL < < < <5 < <10 19 < DHL CGS > <5 70 < >10000 >10 < < <20 87 <0.01 <10 59 <10 <1 96 DHL07-02 BL bdl <5 < < < < <10 32 < DHL < < < < <0.01 <10 14 < DHL < < < <0.01 <10 14 < DHL < < < < <0.01 <10 15 < DHL < < < < <0.01 <10 15 < DHL < < <20 76 <0.01 <10 22 < DHL < < < < <0.01 <10 21 < DHL < < < <0.01 <10 21 < DHL < < < < <0.01 <10 22 <

154 DHL < < < <5 < <10 16 < DHL <5 45 < < < <0.01 <10 14 <10 <1 37 DHL <5 35 < < <20 73 <0.01 <10 29 <10 <1 21 DHL <5 55 < < < <0.01 <10 14 < DHL <5 55 < < < <10 22 < DHL > <5 105 < >10 < < <10 7 <10 <1 29 DHL <5 45 < < < <0.01 <10 22 < DHL <5 45 < < < <0.01 <10 24 < DHL <5 45 < < < <0.01 <10 21 < DHL <5 40 < < < <0.01 <10 24 <10 <1 28 DHL07-02 CGS > <5 85 < >10000 >10 < < <20 71 <0.01 <10 51 <10 <1 86 DHL07-02 BL bdl <5 < < < < <10 27 < DHL <5 35 < < < <0.01 <10 23 <10 <1 27 DHL <5 50 < < < <0.01 <10 16 <10 <1 31 DHL <5 65 < < < <0.01 <10 22 <10 <1 40 DHL > <5 55 < < < <0.01 <10 13 <10 <1 26 DHL <5 55 < < < < <0.01 <10 17 <10 <1 26 DHL <5 60 < < < <10 17 <10 <1 28 DHL <5 50 < < < <10 15 <10 <1 35 DHL <5 50 < < < <0.01 <10 14 <10 <1 30 DHL <5 45 < < < <0.01 <10 9 <10 <1 23 DHL <5 50 < < < <10 8 <10 <1 49 DHL <5 50 < < < <0.01 <10 12 <10 <1 30 DHL <5 60 < < < <10 12 <10 <1 19 DHL <5 60 < < < <10 13 <10 <1 29 DHL > <5 65 < < < <10 10 <10 <1 18 DHL <5 70 < < < <0.01 <10 11 <10 <1 24 DHL > <5 55 < < < <0.01 <10 9 <10 <1 21 DHL <5 40 < < < <5 < <0.01 <10 6 <10 <1 6 DHL < >10 <10 < <5 < <10 4 <10 <1 7 DHL07-02 CGS > <5 90 < >10000 >10 < < <20 80 <0.01 <10 51 <10 <1 87 DHL07-02 BL bdl <5 < < < < <10 27 < DHL <5 45 < < <5 < <10 7 <10 <1 7 DHL <5 115 < >10 < < <10 4 <10 <1 19 DHL <5 40 < < < <10 11 <10 <1 10 DHL <5 45 < < < <5 < <10 7 < DHL < < <5 < <10 5 <10 <1 10 DHL <5 70 < >10 < <5 < <10 6 <10 <1 14 DHL <5 50 < < < < <10 6 <10 <1 8 DHL bdl < <5 45 < < < <5 < <10 4 <10 <1 5 DHL <5 45 < < <5 < <10 4 <10 <1 7 DHL > <5 65 < < < <10 13 <10 <1 38 DHL <5 55 < < < <5 < <10 5 < DHL <5 55 < < < <0.01 <10 7 < DHL <5 65 < < < < <0.01 <10 10 <10 <1 21 DHL <5 60 < < < < <10 6 < DHL < <10 < <5 < <10 7 <10 <1 3 DHL <5 35 < < < < <10 12 < DHL <5 30 < < < < <5 < <10 8 < DHL < < < < <10 5 <10 <1 42 DHL07-02 BL < < < < <5 < <10 29 < DHL07-02 CGS > <5 50 < > < < < <10 55 <10 <1 95 DHL <5 25 < < < < <10 7 < DHL <5 25 < < <5 < <10 9 <10 <1 106 DHL < < >10 < < <10 30 <5 < <10 11 <10 <1 33 DHL < < >10 < < < < <10 34 <10 <1 71 DHL < < >10 < < <10 60 <5 < <10 34 <10 <1 105 DHL < < >10 < < < < <10 37 <10 <1 42 DHL < < >10 < < < < <10 37 <10 <1 194 DHL < < < < < < <10 36 <10 <1 57 DHL > < >10 < < <10 92 <5 < <10 27 <10 < DHL > <5 65 < >10000 >10 < < < < <10 24 <10 <1 29 DHL < < < < <0.01 <10 9 < DHL < < < <0.01 <10 12 < DHL <5 50 < < < <0.01 <10 15 < DHL < < < <0.01 <10 19 < DHL <5 65 < < < <5 < <10 20 < DHL <5 40 < < < <5 < <0.01 <10 14 < DHL <5 75 < < < <5 < <10 19 < DHL <5 35 < < < <5 < <0.01 <10 13 < DHL <5 70 < < < < <10 27 < DHL <5 70 < < < < <0.01 <10 15 < DHL <5 110 < < < < <0.01 <10 14 < DHL < < < <5 <20 90 <0.01 <10 7 < DHL < < < < <10 18 < DHL <5 30 < < < <5 < <10 15 < DHL07-03 CGS > < >10000 >10 < < < <10 51 < DHL07-03 BL bdl <5 < < < < <5 < <10 27 < DHL <5 30 < < < <5 < <10 22 < DHL < < < <0.01 <10 24 < DHL < < < <5 < <10 17 < DHL < < < < <10 12 < DHL < < < <10 74 < DHL <5 60 < < < <0.01 <10 6 <10 <1 17 DHL < < < < <0.01 <10 10 < DHL < < < < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 8 < DHL07-03 CGS > < >10000 > < < <10 53 < DHL < < < < <10 10 < DHL < < < <10 16 <10 <1 60 DHL < < < < <10 49 < DHL < < < < <10 21 < DHL < > < < < <10 24 < DHL < < < <10 69 < DHL < < < < <10 62 < DHL < < < < <10 15 <10 <1 25 DHL07-03 BL <5 < < < <10 34 < DHL < < < <20 72 <0.01 <10 20 < DHL < < < < < <10 26 < DHL < < < < <10 21 < DHL < < < <5 < <10 19 < DHL <5 < < < < <10 19 < DHL < < < <20 97 <0.01 <10 15 < DHL < < < < <10 26 <

155 DHL < < < < <0.01 <10 24 < DHL < < < < <0.01 <10 22 < DHL07-03 CGS > < >10000 > < < <10 59 <10 <1 89 DHL < < < < <10 25 < DHL <5 < < < < <10 22 < DHL < < < < <10 21 < DHL < < < <5 < <10 18 < DHL < < < < <10 15 < DHL < < < < < <0.01 <10 17 < DHL < < < < < <10 13 < DHL < < < <20 89 <0.01 <10 13 < DHL < < < <5 <20 66 <0.01 <10 20 < DHL07-03 BL <5 < < < < <5 < <10 25 < DHL < < < <5 < <10 21 < DHL < < < <5 < <10 21 < DHL < < < <5 < <10 21 < DHL < < < < <5 < <10 15 < DHL < < < <5 <20 84 <0.01 <10 14 < DHL < < < < <5 < <10 12 < DHL < < < <5 <20 93 <0.01 <10 19 < DHL < < < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 14 < DHL07-03 CGS > < >10000 >10 < <20 74 <0.01 <10 46 < DHL < < < <5 < <0.01 <10 17 < DHL > < < < <5 < <0.01 <10 13 < DHL < < < <5 < <0.01 <10 9 < DHL < < < < <5 < <0.01 <10 12 < DHL < < < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 13 < DHL <5 25 < < < < <10 14 <10 <1 18 DHL <5 25 < < < <10 7 <10 <1 34 DHL <5 10 < < < < <10 21 < DHL07-03 BL < < < < < < <5 < <10 29 < DHL < < < < <10 12 < DHL <5 30 < < < < <10 13 < DHL < < < < <10 17 < DHL <5 35 < < < <10 14 < DHL <5 25 < < < <10 10 <10 <1 26 DHL < < < < <10 17 <10 <1 34 DHL < < < < < <10 17 < DHL < < < < <5 < <10 16 <10 <1 25 DHL > <5 45 < >10 <10 < < < <10 3 <10 <1 11 DHL07-03 CGS > <5 50 < > < < < <10 53 <10 <1 95 DHL > <5 30 < > < < <0.01 <10 6 <10 <1 34 DHL <5 20 < < < <10 9 <10 <1 27 DHL < < < < <10 18 <10 <1 50 DHL < < < < <10 14 <10 <1 58 DHL > <5 30 < < < <0.01 <10 5 <10 <1 53 DHL > <5 35 < < < <10 10 <10 <1 30 DHL < < < <10 26 <10 <1 45 DHL <5 25 < < < < <10 23 <10 <1 35 DHL < < < < <10 11 < DHL07-03 BL < < < < <5 < <10 29 < DHL < < < <10 10 < DHL < < < < <10 12 < DHL <5 30 < < < < <10 15 < DHL <5 30 < < < <10 20 <10 <1 31 DHL <5 30 < < < <10 21 < DHL > < < < < <10 19 < DHL <5 30 < < < <10 14 <10 <1 25 DHL <5 30 < < < <10 19 <10 <1 30 DHL <5 35 < < < < <5 < <10 18 <10 <1 33 DHL07-03 CGS > <5 55 < > < < < <10 54 <10 <1 93 DHL <5 25 < < < <10 16 <10 <1 32 DHL < < < <10 12 <10 <1 35 DHL < < < <10 15 < DHL <5 35 < < < <10 13 <10 <1 19 DHL > <5 35 < > < < <0.01 <10 21 <10 <1 37 DHL <5 35 < < < < <10 15 <10 <1 24 DHL < < < < <10 13 < DHL <5 40 < < < < <0.01 <10 8 < DHL < < < < < <10 10 < DHL07-03 BL < < < < <5 < <10 30 < DHL > <5 25 < < < <10 9 <10 <1 23 DHL <5 30 < < < < <10 13 <10 <1 25 DHL <5 30 < < < < <5 < <10 14 <10 <1 31 DHL <5 55 < >10 < < <10 13 <10 <1 23 DHL <5 35 < < < < <10 11 <10 <1 16 DHL < <5 30 < < < <10 14 <10 <1 19 DHL <5 35 < < < < <10 16 < DHL < <5 40 < < < < <10 15 < DHL <5 55 < < < < <10 14 < DHL07-03 BL bdl <5 < < < < <5 < <10 29 < DHL < <5 35 < < < <10 11 <10 <1 18 DHL < < < < < <0.01 <10 7 < DHL < < <5 < <10 9 < DHL < < < < < <5 < <10 14 < DHL < < < < <5 < <10 25 < DHL < < < <0.01 <10 4 < DHL < < <20 46 <0.01 <10 6 < DHL < < < < <0.01 <10 6 <10 <1 13 DHL < >10 < <20 74 <0.01 <10 6 < DHL07-04 CGS > < >10000 >10 < <20 67 <0.01 <10 41 < DHL < < < < < <0.01 <10 14 < DHL < < <5 <20 23 <0.01 <10 7 < DHL < < < <5 <20 14 <0.01 <10 5 < DHL < < <5 <20 43 <0.01 <10 5 < DHL < < < <20 45 <0.01 <10 3 < DHL < <5 55 < < < <5 <20 46 <0.01 <10 4 < DHL < < < <5 <20 45 <0.01 <10 3 < DHL < < < <20 62 <0.01 <10 2 < DHL < < < <20 44 <0.01 <10 1 < DHL BL bdl <5 < < < < <5 < <10 22 < DHL < < < <20 59 <0.01 <10 2 <

156 DHL < < < < <5 <20 68 <0.01 <10 4 < DHL < < < < <5 <20 71 <0.01 <10 8 < DHL < < <20 57 <0.01 <10 7 < DHL < <5 175 < < < <1 < <5 <20 47 <0.01 <10 2 <10 <1 11 DHL < < < < <0.01 <10 26 <10 <1 42 DHL >1000 > < < > < <10 41 < DHL < < < < <10 46 < DHL > < < < < <0.01 <10 25 < DHL07-04 CGS > < >10000 >10 < <20 75 <0.01 <10 43 < DHL < < < <10 63 < DHL < < <5 < <0.01 <10 32 < DHL > < < < < <10 38 < DHL < < < < <10 51 < DHL > < < < < <10 43 < DHL < < < <20 49 <0.01 <10 19 < DHL < < <20 71 <0.01 <10 9 < DHL < < <20 78 <0.01 <10 9 < DHL < < <20 74 <0.01 <10 3 < DHL07-04 BL bdl <5 < < < < <5 < <10 23 < DHL < < < <0.01 <10 8 < DHL < < < <0.01 <10 12 < DHL < < <5 < <0.01 <10 4 < DHL < < < < <5 < <0.01 <10 6 < DHL < < < <0.01 <10 4 < DHL < < <5 < <0.01 <10 4 < DHL < < < <0.01 <10 4 < DHL < < < <0.01 <10 5 < DHL < < <5 < <0.01 <10 7 < DHL07-04 CGS > < > < <20 67 <0.01 <10 42 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 5 < DHL < < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 7 < DHL < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 8 < DHL07-04 BL bdl <5 < < < <5 < <10 25 < DHL < < <5 < <0.01 <10 12 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 <20 87 <0.01 <10 3 < DHL < < <2 <5 <20 82 <0.01 <10 13 < DHL < < < <5 <20 71 <0.01 <10 9 < DHL < < < <2 <5 <20 88 <0.01 <10 8 < DHL < < < <2 <5 <20 70 <0.01 <10 10 < DHL < < < <5 <20 74 <0.01 <10 10 < DHL < < < <2 <5 <20 76 <0.01 <10 9 < DHL07-04 CGS > < > < <20 65 <0.01 <10 40 < DHL < < < <5 <20 82 <0.01 <10 8 < DHL < < <2 <5 <20 71 <0.01 <10 13 < DHL < < <2 <5 < <0.01 <10 13 < DHL < < < <2 <5 <20 85 <0.01 <10 16 < DHL < < <1 750 <2 <5 <20 64 <0.01 <10 17 < DHL < < <1 770 <2 <5 < <10 15 < DHL < < < <5 <20 53 <0.01 <10 11 < DHL < < <2 <5 <20 54 <0.01 <10 12 < DHL < < <1 670 <2 <5 < <0.01 <10 13 < DHL07-04 BL < < < <5 < <10 24 < DHL < < <1 760 <2 <5 <20 84 <0.01 <10 11 < DHL < < < <1 670 <2 <5 < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 13 < DHL < < <2 <5 < <0.01 <10 9 < DHL < < <1 790 <2 <5 < <0.01 <10 10 < DHL < < < <1 820 <2 <5 < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 12 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 9 < DHL07-04 CGS > < > < <20 61 <0.01 <10 42 < DHL < < <5 < <0.01 <10 11 < DHL < < <5 < <0.01 <10 11 < DHL < < <5 < <0.01 <10 12 < DHL < < < <2 <5 <20 99 <0.01 <10 17 < DHL < < <5 < <0.01 <10 19 < DHL < < <2 <5 < <0.01 <10 21 < DHL < < <2 <5 < <0.01 <10 20 < DHL < < <2 <5 <20 85 <0.01 <10 21 < DHL < < < <5 < <0.01 <10 23 < DHL07-04 BL bdl <5 < < < <5 < <10 23 < DHL < < <5 < <0.01 <10 17 < DHL < < <5 < <10 17 < DHL < < <2 <5 < <10 12 < DHL < < < <2 <5 < <0.01 <10 8 < DHL < < < <2 <5 <20 91 <0.01 <10 8 < DHL < < < <5 <20 65 <0.01 <10 7 < DHL < < < <2 <5 < <0.01 <10 7 < DHL < < < <2 <5 < <0.01 <10 11 < DHL < < < <2 <5 < <0.01 <10 9 < DHL07-04 CGS > < > < <20 67 <0.01 <10 42 < DHL < < <5 < <0.01 <10 9 < DHL < < < <5 <20 92 <0.01 <10 8 < DHL < < < <5 < <0.01 <10 7 < DHL < < < <2 <5 <20 92 <0.01 <10 9 < DHL < < < <2 <5 < <0.01 <10 16 < DHL < < <2 <5 <20 98 <0.01 <10 18 < DHL < < <2 <5 < <0.01 <10 13 < DHL < < < <2 <5 <20 82 <0.01 <10 13 < DHL < < <2 <5 < <0.01 <10 11 < DHL07-04 BL bdl <5 < < < <5 < <10 23 < DHL < < <2 <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 10 < DHL < < <2 <5 <20 97 <0.01 <10 13 < DHL < < <2 <5 < <10 24 < DHL < < < <2 <5 < <10 32 < DHL07-04 CGS > < > < <20 69 <0.01 <10 42 <

157 DHL < < < < <5 < <10 32 < DHL < < < <5 < <10 25 < DHL < < <5 < <10 23 < DHL < < < < <2 <5 < <10 33 < DHL < < < < <5 < <10 35 < DHL < < < < <2 <5 < <10 29 < DHL < < < < <2 <5 < <10 26 < DHL < < < < <1 760 <2 <5 < <10 27 < DHL < < < <5 < <0.01 <10 17 < DHL07-04 BL bdl <5 < < < <5 < <10 24 < DHL < < < < <1 750 <2 <5 < <0.01 <10 22 < DHL < < < <2 <5 < <0.01 <10 15 < DHL < < <2 <5 < <0.01 <10 16 < DHL < < < <2 <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 18 < DHL < < <5 < <0.01 <10 17 < DHL < < < <2 <5 < <0.01 <10 16 < DHL < < < <5 < <0.01 <10 12 < DHL < < < <2 <5 < <0.01 <10 17 < DHL07-04 CGS > < > < <20 74 <0.01 <10 42 < DHL < < < <5 < <0.01 <10 26 < DHL < < < <2 <5 < <0.01 <10 21 < DHL < < < <5 < <0.01 <10 13 < DHL < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 10 < DHL < < < <2 <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 11 < DHL < < < <2 <5 < <0.01 <10 11 < DHL07-04 BL bdl <5 < < < <5 < <10 24 < DHL < < <5 < <0.01 <10 10 < DHL < < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 3 < DHL < <5 < <0.01 <10 4 < DHL < < <5 < <0.01 <10 2 < DHL < <5 < <0.01 <10 3 < DHL07-04 CGS > < > < <20 68 <0.01 <10 41 < DHL > < < <5 < <0.01 <10 4 < DHL > > < < <5 < <10 33 < DHL < < < < <5 < <10 72 < DHL < < < < <2 <5 < <10 84 < DHL < < < < <2 <5 < <10 71 < DHL > >10 < <5 < <0.01 <10 30 <10 <1 40 DHL > >10 < < <20 62 <0.01 <10 <1 <10 <1 16 DHL > >10 < < < <0.01 <10 <1 <10 <1 17 DHL > >10 < < <20 29 <0.01 <10 2 <10 <1 227 DHL07-04 BL bdl <5 < < < <2 <5 < <10 23 < DHL < < < < <5 < < < DHL < < < <5 < < < DHL < < < < <0.01 <10 7 < DHL < < < < <0.01 <10 3 < DHL < < < < <0.01 <10 18 <10 <1 22 DHL < < <20 37 <0.01 <10 3 <10 <1 20 DHL < < <20 18 <0.01 <10 6 <10 <1 46 DHL < < <20 32 <0.01 <10 3 <10 <1 23 DHL < < < < <20 60 <0.01 <10 2 < DHL07-05 CGS > < > < <20 75 <0.01 <10 43 <10 <1 94 DHL < < <20 41 <0.01 <10 1 < DHL < < < <20 71 <0.01 <10 10 < DHL < < <20 63 <0.01 <10 2 < DHL < < < < <1 790 <2 <5 < <0.01 <10 5 < DHL bdl <5 < < < <20 77 <0.01 <10 10 < DHL < < < < < <5 <20 91 <0.01 <10 11 < DHL < < <20 51 <0.01 <10 5 < DHL >1000 > < < < < <10 62 < DHL < < < <10 87 < DHL07-05 BL bdl < < < <5 < <10 23 < DHL > < < < < <0.01 <10 26 < DHL > < < < < <0.01 <10 60 < DHL < < < < <0.01 <10 53 < DHL < < < < <0.01 <10 27 <10 <1 77 DHL < < < < < < DHL < < < < <5 < < < DHL < < < < < < DHL bdl <5 < < < < <5 < <10 83 < DHL < < < < < < < DHL07-05 CGS > < > < <20 72 <0.01 <10 41 <10 <1 92 DHL < < < < < < < DHL < < < <0.01 <10 3 < DHL < < < <0.01 <10 9 < DHL < < < < <0.01 <10 15 < DHL < < < <10 24 < DHL < < <5 < <0.01 <10 5 < DHL < < <0.01 <10 3 < DHL < < < < <0.01 <10 14 < DHL <5 70 < < < <0.01 <10 5 < DHL07-05 BL bdl <5 < < < <5 < <10 22 < DHL <5 65 < < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 7 < DHL < < < <0.01 <10 6 < DHL <5 100 < < < <0.01 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 5 < DHL07-05 CGS > < >10000 >10 < <20 69 <0.01 <10 45 < DHL <5 65 < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 5 < DHL <5 60 < < <5 < <0.01 <10 5 < DHL < < < <5 < <0.01 <10 7 <

158 DHL < < < <5 < <0.01 <10 5 < DHL < < < <0.01 <10 5 < DHL < < < <0.01 <10 4 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 6 < DHL07-05 BL bdl <5 < < < <5 < <10 23 < DHL < < <5 < <0.01 <10 6 < DHL < < < < <5 < <10 75 < DHL < < < < <5 < <10 47 < DHL < < <5 < <0.01 <10 14 < DHL < < < < <5 < <10 68 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 20 < DHL < < <5 <20 99 <0.01 <10 16 < DHL < < <2 <5 <20 88 <0.01 <10 10 < DHL07-05 CGS > < > < <20 68 <0.01 <10 40 < DHL < < <5 < <0.01 <10 12 < DHL < < <2 <5 <20 99 <0.01 <10 16 < DHL < < <5 < <0.01 <10 11 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 10 < DHL < < < <5 < <0.01 <10 12 < DHL < < < <5 < <0.01 <10 14 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <5 < <10 26 < DHL07-05 BL bdl <5 < < < <5 < <10 22 < DHL < < <5 <20 76 <0.01 <10 5 < DHL < < <2 <5 <20 72 <0.01 <10 3 < DHL < < < <2 <5 <20 87 <0.01 <10 6 < DHL < > < <5 < <0.01 <10 38 < DHL < < <2 <5 < <0.01 <10 17 < DHL < < <5 < <0.01 <10 11 < DHL < < <5 < <0.01 <10 4 < DHL < < <5 < <0.01 <10 7 < DHL > < > < <5 < <0.01 <10 4 < DHL07-05 CGS > < > < <20 65 <0.01 <10 42 <10 <1 89 DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 14 < DHL < < < <0.01 <10 11 < DHL < < < < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 14 < DHL < < < <5 < <0.01 <10 17 < DHL < < < < <2 <5 < <10 23 < DHL < < < < <10 26 < DHL07-05 BL bdl <5 < < < <5 < <10 22 < DHL < < < < <5 < <10 25 < DHL < < < <5 < <10 31 < DHL < < < < <5 < <10 42 < DHL < < < <5 < <10 38 < DHL < < < <5 < <10 32 < DHL < < < < <5 < <10 34 < DHL < < <5 < <10 19 < DHL < >10 < < <0.01 <10 15 <10 <1 42 DHL < < <5 < <10 44 < DHL07-05 CGS > < > < <20 71 <0.01 <10 44 <10 <1 93 DHL < < <5 <20 94 <0.01 <10 19 < DHL < < <5 < <0.01 <10 17 < DHL < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 16 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <0.01 <10 11 < DHL < < <5 < <0.01 <10 10 < DHL < < <0.01 <10 7 <10 <1 16 DHL < < < <5 < <0.01 <10 8 < DHL07-05 BL bdl <5 < < < <2 <5 < <10 25 < DHL < < <5 < <0.01 <10 9 < DHL < < < < <5 < <10 10 < DHL < < < <0.01 <10 9 < DHL < < <0.01 <10 6 < DHL < < <5 < <0.01 <10 7 < DHL < < <0.01 <10 3 < DHL > < < <5 < <0.01 <10 16 < DHL < < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 3 < DHL07-05 CGS > < >10000 >10 < <20 74 <0.01 <10 46 < DHL < < < <0.01 <10 6 < DHL < < < <0.01 <10 7 < DHL < < < <0.01 <10 6 < DHL > >10000 >10 < < <0.01 < DHL < < < < <5 < <10 49 < DHL < < < < <10 60 < DHL <5 5 < < < <20 7 <0.01 <10 4 <10 <1 16 DHL >10 < < <0.01 <10 3 < DHL < < <20 77 <0.01 <10 9 < DHL07-06 BL bdl < < < <5 < <10 22 < DHL < < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 12 < DHL < < <5 <20 97 <0.01 <10 3 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 10 < DHL < < <5 < <0.01 <10 14 < DHL07-06 CGS > < > < <20 69 <0.01 <10 44 < DHL < < <5 < <0.01 <10 15 < DHL < < <5 < <0.01 <10 10 < DHL > >10 < < <20 97 <0.01 <10 8 < DHL < < <5 <20 89 <0.01 <10 6 < DHL < < < <0.01 <10 7 < DHL < < <5 <20 79 <0.01 <10 9 < DHL <5 25 < < <5 <20 70 <0.01 <10 5 < DHL < < <5 <20 52 <0.01 <10 8 <

159 DHL < < <5 <20 50 <0.01 <10 12 < DHL07-06 BL bdl <5 < < < <5 < <10 24 < DHL < < < <0.01 <10 9 < DHL < < <5 < <0.01 <10 18 < DHL < < <5 < <0.01 <10 19 < DHL > < < <5 < <0.01 <10 18 < DHL < < <5 < <0.01 <10 21 < DHL < < <2 <5 < <0.01 <10 24 < DHL < < < <0.01 <10 20 < DHL < < < <5 < <0.01 <10 21 < DHL < < <5 < <0.01 <10 17 < DHL07-06 CGS > < > < <20 69 <0.01 <10 40 < DHL < < < < <2 <5 < <0.01 <10 18 < DHL < < <5 < <0.01 <10 14 < DHL < < <5 < <0.01 <10 12 < DHL < < <2 <5 < <0.01 <10 19 < DHL < < <5 < <0.01 <10 17 < DHL < < < <5 < <0.01 <10 20 < DHL < < < <5 < <0.01 <10 17 < DHL < < < <5 < <0.01 <10 19 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 13 < DHL07-06 BL < < < <5 < <10 42 < DHL < < < < <0.01 <10 12 < DHL < < < <0.01 <10 6 < DHL < < < <5 < <0.01 <10 11 < DHL < < < <0.01 <10 5 < DHL < < < <0.01 <10 4 < DHL < < < <0.01 <10 3 < DHL < < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 6 < DHL07-06 CGS > < > < <20 69 <0.01 <10 41 < DHL < < < <0.01 <10 3 < DHL < < < <0.01 <10 5 < DHL < < < <0.01 <10 5 < DHL < < <5 < <0.01 <10 5 < DHL < < < <0.01 <10 6 < DHL < < < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 6 < DHL < < < <0.01 <10 7 < DHL07-06 BL < < < <5 < <10 24 < DHL < < < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 10 < DHL > < < < <5 < <0.01 <10 10 < DHL < < < <0.01 <10 10 < DHL < < < <5 < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 11 < DHL > < < <0.01 <10 18 <10 <1 89 DHL07-06 CGS > < > < <20 63 <0.01 <10 42 < DHL < < <5 < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 10 < DHL < < <1 < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 6 < DHL > >10 < <20 71 <0.01 <10 <1 <10 <1 15 DHL < < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 2 < DHL < < < <0.01 <10 < DHL < < <5 < <0.01 <10 6 < DHL07-07 BL bdl <5 < < < <5 < <10 22 < DHL < < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 7 < DHL < <5 <20 63 <0.01 <10 3 < DHL < < <5 <20 47 <0.01 <10 <1 < DHL < < <5 <20 76 <0.01 <10 4 < DHL < < < <5 < <0.01 <10 6 < DHL < < <5 <20 76 <0.01 <10 14 < DHL < < <5 < <10 24 < DHL07-07 CGS > < > < <20 72 <0.01 <10 41 < DHL < < < <5 < <0.01 <10 17 < DHL < < <5 < <0.01 <10 13 < DHL < < < <0.01 <10 3 < DHL < < < <0.01 <10 <1 < DHL < < < <0.01 <10 1 < DHL < < < <0.01 <10 4 < DHL < < < <0.01 <10 2 < DHL < < < <5 < <0.01 <10 6 < DHL07-07 BL bdl <5 < < < <5 < <10 21 < DHL < < <5 < <0.01 <10 4 < DHL < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 5 < DHL < < < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 3 < DHL07-07 CGS-1A < < < <5 < <10 47 < DHL < < < <0.01 <10 1 < DHL < < <5 < <0.01 <10 8 < DHL < < <5 < <0.01 <10 4 < DHL < < < <5 < <0.01 <10 4 < DHL < < < <5 < <0.01 <10 6 < DHL > < < < <0.01 <10 26 < DHL > < >10 < < <10 7 <10 <1 12 DHL < < >10 < < <20 25 <0.01 <10 <1 <10 <1 7 DHL < < < < <0.01 <10 <1 < DHL < < < <20 54 <0.01 <10 1 < DHL07-08 BL bdl <5 < < < <5 < <10 21 <

160 DHL < < <5 < < < DHL >1000 > < < > < <0.01 <10 23 < DHL >1000 > < < > < <0.01 <10 29 < DHL > < < < <0.01 <10 31 < DHL < < <5 < <0.01 <10 4 < DHL < > < <5 < <0.01 <10 <1 < DHL < < <5 < <0.01 <10 2 < DHL < < < < <0.01 <10 14 < DHL07-08 CGS-1A < < < <5 < <10 60 < DHL <5 50 < < < <5 < <10 21 < DHL <5 50 < < < <20 78 <0.01 <10 25 < DHL <5 60 < < < <5 < <10 24 < DHL < < < < <10 20 < DHL <5 70 < < < < <0.01 <10 18 < DHL < < < < <10 31 < DHL <5 50 < < < < <10 18 < DHL < < < < <10 18 < DHL < < < < <0.01 <10 13 < DHL > <5 45 < < < <5 < <10 9 <10 <1 14 DHL < < < < <10 12 < DHL07-08 BL < < < <5 < <10 30 < DHL < < < < <10 20 < DHL <5 60 < < < < <10 21 < DHL < <5 70 < < < < <10 21 < DHL <5 60 < < < < <10 20 <10 <1 18 DHL < <5 60 < < < < <10 22 <10 <1 16 DHL < <5 50 < < < < <10 23 <10 <1 25 DHL <5 50 < < < < <10 21 <10 <1 31 DHL07-08 CGS-1A < < < <5 < <10 45 < DHL < < <5 < <0.01 <10 2 < DHL < < <5 < <0.01 <10 3 < DHL < < < <0.01 <10 4 < DHL < < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 3 < DHL > <5 75 < < < < < <0.01 <10 5 < DHL < < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 5 < DHL07-08 BL < < < <5 < <10 33 < DHL < < < < <5 < <0.01 <10 15 <10 <1 30 DHL < < < <5 < <0.01 <10 6 < DHL < < < <5 < <0.01 <10 <1 < DHL < >10 < < <0.01 <10 <1 <10 <1 29 DHL < < < <5 < <0.01 <10 <1 < DHL < < < <0.01 <10 2 < DHL <5 55 < < <1 < <5 < <0.01 <10 2 < DHL < <5 < <0.01 <10 1 < DHL > >10 < < <0.01 <10 <1 < DHL07-08 CGS-1A < < < <5 < <10 45 < DHL > < < <0.01 <10 4 < DHL < < >10 < <20 48 <0.01 <10 9 <10 <1 4 DHL < < >10 < < <0.01 <10 8 <10 <1 2 DHL bdl <5 < < < <5 < <0.01 <10 6 <10 <1 3 DHL < < >10 < < <0.01 <10 8 <10 <1 4 DHL < < >10 < < <0.01 <10 6 <10 <1 3 DHL <5 80 < < < <0.01 <10 9 < DHL <5 85 < < < <5 < <0.01 <10 10 < DHL <5 95 < < < <5 < <0.01 <10 8 < DHL07-09 BL bdl <5 < < < <5 < <10 30 < DHL <5 100 < < <5 < <0.01 <10 10 < DHL <5 55 < < < < <0.01 <10 10 < DHL < < < < <0.01 <10 9 < DHL <5 50 < < < < <0.01 <10 13 < DHL <5 45 < < < <20 86 <0.01 <10 13 < DHL < < < < <0.01 <10 12 < DHL <5 40 < < < < <10 22 <10 <1 30 DHL < < < <20 87 <0.01 <10 14 < DHL < < < <20 79 <0.01 <10 11 < DHL <5 50 < < < <20 67 <0.01 <10 22 < DHL07-09 CGS-1A < < < <5 < <10 61 < DHL < < < <20 65 <0.01 <10 20 < DHL < < <5 < <0.01 <10 9 < DHL < < <5 < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 10 < DHL < < < <5 < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 10 < DHL < < < < <0.01 <10 12 < DHL < < < <0.01 <10 9 < DHL < < < <0.01 <10 12 < DHL07-09 BL bdl <5 < < < < <10 57 < DHL < < <5 < <0.01 <10 17 < DHL < < < <0.01 <10 14 < DHL < < < < <5 < <0.01 <10 19 < DHL < < < <2 <5 < <0.01 <10 16 < DHL < < < < <5 < <0.01 <10 15 < DHL07-09 CGS-1A < < < <5 < <10 57 < DHL < < <5 < <0.01 <10 12 < DHL < < < <0.01 <10 7 < DHL < < <5 < <0.01 <10 10 < DHL > < < < < <0.01 <10 15 < DHL > < < < <0.01 <10 15 < DHL > < < < <0.01 <10 13 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <0.01 <10 13 < DHL < < < <0.01 <10 12 < DHL07-09 BL < < < <5 < <10 58 < DHL < < < < <0.01 <10 10 < DHL < < < <0.01 <10 9 < DHL < < < <5 < <0.01 <10 10 < DHL < < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 16 < DHL > < < < <

161 DHL < < <5 < <0.01 <10 10 < DHL < < < <0.01 <10 7 < DHL07-10 CGS-1A < < < <5 < <10 55 < DHL < < <5 < <10 25 < DHL < < <5 <20 92 <0.01 <10 20 < DHL < < <5 <20 76 <0.01 <10 14 < DHL < < <5 < <0.01 <10 12 < DHL < < < <5 <20 71 <0.01 <10 16 < DHL < < <5 <20 88 <0.01 <10 14 < DHL < < <5 <20 91 <0.01 <10 11 < DHL < < <5 < <0.01 <10 11 < DHL07-10 BL < < < < <10 58 < DHL <5 20 < < <5 <20 94 <0.01 <10 5 < DHL < < <5 < <0.01 <10 15 < DHL < < <5 < <0.01 <10 12 < DHL <5 20 < < <5 < <10 10 < DHL <5 30 < < < <5 < <10 11 < DHL <5 30 < < <20 58 <0.01 <10 11 < DHL < <5 20 < < < <10 16 < DHL <5 40 < < < <10 14 < DHL <5 40 < < < <5 < <10 8 < DHL07-10 CGS-1A < < < <10 62 < DHL < < < <10 24 < DHL < <5 30 < < < <10 21 < DHL <5 45 < < < <10 10 < DHL <5 30 < < < <10 15 < DHL <5 35 < < < < <10 18 < DHL < <5 25 < < < <10 19 < DHL < <5 15 < < < < <10 11 < DHL <5 20 < < < <5 < <10 12 < DHL07-10 BL < < < <10 66 < DHL <5 25 < < < <10 13 < DHL <5 20 < < < < <10 13 < DHL <5 5 < < < <10 10 < DHL < <5 45 < < < <10 9 < DHL < <5 20 < < < <10 12 < DHL < <5 30 < < < <10 10 < DHL > < < <5 < <0.01 <10 20 < DHL < < < <5 < <0.01 <10 8 < DHL < < <5 <20 80 <0.01 <10 14 < DHL07-10 CGS-1A < < < <5 < <10 54 < DHL < < <5 < <10 14 < DHL < < < <0.01 <10 8 < DHL > < > < < <0.01 <10 8 < DHL < < < < <0.01 <10 11 < DHL > > < < <0.01 < DHL < < <5 < <0.01 <10 13 < DHL < < < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 19 < DHL < < < <5 < <0.01 <10 27 < DHL07-10 BL < < < <2 <5 < <10 57 < DHL < < < <5 < <0.01 <10 22 < DHL > < < < <10 24 < DHL < < < <10 21 < DHL < < < <10 12 < DHL <5 35 < < < <10 19 < DHL < < < < <10 22 < DHL < < < <10 24 < DHL < < < <10 17 < DHL < < < <10 11 < DHL07-10 CGS >1000 < < < < <10 <1 35 DHL < < < < < <10 26 < DHL <5 45 < < < <10 15 <10 <1 21 DHL < <5 35 < < < <10 17 < DHL < < < < <10 14 < DHL < < < < <10 15 < DHL < <5 40 < < < <10 16 < DHL < < < <10 16 < DHL < < < <10 12 < DHL < < < <10 23 < DHL07-10 BL <5 < < < <10 66 < DHL <5 35 < < < <10 20 < DHL < < < < <0.01 <10 15 < DHL < < < < <5 < <0.01 <10 36 < DHL < <20 50 <0.01 <10 9 < DHL < < < <20 80 <0.01 <10 24 < DHL < < < <5 < <0.01 <10 4 < DHL <5 35 < < < <5 <20 68 <0.01 <10 6 < DHL < < < <5 <20 37 <0.01 <10 5 < DHL <5 25 < < < <5 <20 41 <0.01 <10 4 < DHL07-11 CGS >1000 < < < < <5 < <10 87 < DHL < <20 70 <0.01 <10 3 < DHL < < < <20 40 <0.01 <10 3 < DHL < < < <5 <20 41 <0.01 <10 4 < DHL < < < <5 <20 52 <0.01 <10 5 < DHL < < < < <5 <20 68 <0.01 <10 3 < DHL < < < < <5 <20 56 <0.01 <10 18 < DHL < < < <5 <20 50 <0.01 <10 5 < DHL < < < < <5 <20 68 <0.01 <10 9 < DHL < < <5 < <0.01 <10 31 < DHL07-11 BL < < < < <5 < <10 55 < DHL < < < < < <5 < <0.01 < < DHL < < < < < <5 < < < DHL <5 < < < < < <5 < < < DHL < < < < <10 7 <10 <1 4 DHL < < <10 > < < <10 14 <10 <1 <1 DHL <5 60 < >10 < < < <10 20 <10 <1 <1 DHL <5 65 < >10 < < < <10 13 <10 <1 <1 DHL < <5 75 < >10 < < < <10 22 <10 <1 <1 DHL < < >10 < < < < <10 17 <10 <1 <1 DHL07-11 CGS >1000 < < < <5 < < <10 <1 33 DHL <5 95 < >10 < < < < <10 11 <10 <1 4 DHL < <5 80 < < < < <5 <20 35 <0.01 <10 7 <10 <1 4

162 DHL < < < < <5 <20 68 <0.01 <10 7 < DHL < < < < <20 76 <0.01 <10 8 < DHL < < < < <20 89 <0.01 <10 12 < DHL < < < < <20 85 <0.01 <10 13 < DHL < < < < <20 84 <0.01 <10 11 < DHL < < < < <10 7 < DHL < < < < < <10 11 < DHL07-12 BL < < < <10 67 < DHL < < < <5 < <10 15 < DHL < < < <5 <20 92 <0.01 <10 6 < DHL > < <5 < <0.01 <10 11 <10 <1 31 DHL < < <5 < <0.01 <10 24 < DHL < < <5 <20 89 <0.01 <10 13 < DHL < < <5 < <0.01 <10 17 < DHL < < < < <5 < < < DHL < < < <2 <5 < < < DHL > < >10000 >10 < < <20 18 <0.01 < <1 5 DHL07-12 CGS >1000 < < < <5 < <10 84 < DHL < >10 < < <20 87 <0.01 <10 19 <10 <1 4 DHL < < < <5 <20 83 <0.01 <10 10 <10 <1 1 DHL < >10 < < <5 <20 15 <0.01 <10 5 <10 <1 3 DHL < < < < <10 41 <10 <1 8 DHL < < < <20 79 <0.01 <10 10 < DHL < <5 65 < < < <10 10 < DHL < < < < < <10 20 < DHL < < < <5 <20 74 <0.01 <10 8 < DHL < < < <5 <20 52 <0.01 <10 6 < DHL07-13 BL < < < <5 < <10 53 < DHL < < < <5 <20 44 <0.01 <10 5 < DHL < < <5 <20 56 <0.01 <10 2 < DHL < < <5 <20 57 <0.01 <10 8 < DHL < < <5 <20 96 <0.01 <10 11 < DHL < < < <2 <5 < <10 67 < DHL >10 < <5 <20 37 <0.01 <10 14 < DHL < < <5 < <0.01 < < DHL < < < <5 <20 61 <0.01 <10 9 < DHL < < < <5 <20 73 <0.01 <10 6 < DHL07-13 CGS >1000 < < < <5 < <10 88 < DHL < < <5 <20 44 <0.01 <10 3 < DHL < < < < <5 <20 65 <0.01 <10 9 < DHL < < < < < <10 19 <10 1 <1 DHL <5 45 < < < <5 < <10 11 < DHL < < < <10 29 <10 <1 36 DHL < < < <1 < < <10 16 <10 <1 <1 DHL <5 50 < >10 < < <10 17 <10 <1 <1 DHL < <5 65 < >10 < < <5 < <10 19 <10 <1 <1 DHL > <5 85 < >10000 >10 < < < < <10 23 <10 <1 <1 DHL07-13 BL < < < < <10 65 < DHL > < < < < <10 16 <10 <1 <1 DHL < < < < <10 23 < DHL <5 50 < < < <10 7 < DHL < < < <0.01 <10 15 < DHL < < < <0.01 <10 8 < DHL <5 50 < < < < <10 4 < DHL < < < <10 4 <10 <1 11 DHL < < < <0.01 <10 13 < DHL < < < <10 15 < DHL07-14 CGS >1000 < < < <10 92 < DHL <5 40 < < < <0.01 <10 10 < DHL <5 25 < < < < <0.01 <10 11 < DHL < < < <5 < <0.01 <10 11 < DHL <5 65 < < < <10 4 <10 <1 11 DHL <5 40 < < < < <0.01 <10 4 < DHL < < < < <0.01 <10 7 < DHL < < <5 < <0.01 <10 6 < DHL <5 70 < < < <5 < <0.01 <10 4 < DHL <5 30 < < < <5 < <0.01 <10 4 < DHL07-14 BL < < < <5 < <10 33 < DHL < < < <5 < <0.01 <10 6 < DHL < < < <5 < <0.01 <10 8 < DHL <5 30 < < <5 <20 72 <0.01 <10 3 < DHL < < < <5 <20 94 <0.01 <10 9 < DHL < < <5 <20 42 <0.01 <10 2 < DHL > < <5 < <0.01 <10 3 < DHL < < <5 < <0.01 <10 11 < DHL <5 20 < < < <5 < <0.01 <10 3 < DHL < < <5 <20 95 <0.01 <10 3 < DHL07-14 CGS >1000 < < < <2 <5 < <10 87 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 <20 45 <0.01 <10 12 < DHL <5 40 < < <5 < <0.01 <10 22 <10 <1 5 DHL > < >10000 > > < <0.01 < < DHL < < < <20 74 <0.01 <10 31 <10 <1 12 DHL < < <5 < <0.01 <10 23 <10 <1 8 DHL < < < < <5 <20 84 <0.01 <10 44 <10 <1 11 DHL < < < < <5 <20 64 <0.01 <10 5 < DHL <5 <20 59 <0.01 <10 1 < DHL07-14 BL < < < < <5 < <10 56 < DHL < < < < <5 < <0.01 <10 5 < DHL < < < < <5 <20 73 <0.01 <10 6 < DHL < < <5 <20 82 <0.01 <10 2 < DHL < < < <5 <20 86 <0.01 <10 3 < DHL < < < < <5 <20 62 <0.01 <10 8 < DHL < < < < <2 <5 <20 64 <0.01 <10 9 < DHL < < < < <5 <20 69 <0.01 <10 8 < DHL < < < < <5 <20 75 <0.01 <10 8 < DHL < < < < <5 <20 71 <0.01 <10 6 < DHL07-14 CGS >1000 < < < < <5 < <10 90 < DHL < < < < <5 <20 80 <0.01 <10 6 < DHL < <5 50 < < < <5 < <0.01 <10 6 < DHL < < < < <5 <20 89 <0.01 <10 5 < DHL < < < < <5 <20 83 <0.01 <10 5 <

163 DHL < < < <5 < <0.01 <10 11 < DHL <5 40 < < < <10 84 <10 <1 26 DHL < <5 25 < < < < <10 <1 31 DHL < <5 35 < < < < < < DHL > <5 60 < >10 < < <10 14 <10 <1 243 DHL07-14 BL < < < < <5 < <10 64 < DHL < < < < <10 24 <10 <1 12 DHL <5 40 < < < <10 12 < DHL < <5 25 < < < <10 11 < DHL <5 40 < < < < <5 < <10 9 < DHL <5 35 < < < <5 < <10 7 < DHL <5 40 < < < <10 12 <10 < DHL < < < < <10 10 <10 <1 <1 DHL < < < < < <10 <1 75 DHL <5 60 < >10 < < <10 83 <10 <1 15 DHL07-14 CGS >1000 < < < <5 < <10 96 <10 <1 36 DHL < <5 60 < >10 < < <10 14 <5 < <10 11 <10 <1 <1 DHL <5 50 < >10 < < < < <10 15 <10 <1 <1 DHL < <10 > < < < <10 16 <10 <1 <1 DHL > < <10 > < < < <10 15 <10 <1 <1 DHL < <10 > < < < <10 17 <10 <1 <1 DHL < < < <10 13 < DHL <5 45 < < < <10 20 < DHL <5 30 < < < <10 15 < DHL < < < <10 17 < DHL07-15 BL bdl <5 < < < < <10 67 < DHL <5 35 < < < <10 4 <10 <1 63 DHL <5 35 < < < <10 4 <10 <1 9 DHL <5 40 < < < <10 10 < DHL <5 45 < < < < <5 < <10 9 < DHL <5 45 < >10 < < <10 3 <10 <1 46 DHL <5 35 < < < < <5 < <10 7 < DHL <5 40 < < < <10 7 < DHL < < < <10 19 < DHL < < < < <10 13 < DHL07-15 CGS >1000 < < < < <10 <1 27 DHL < < < < <10 12 < DHL <5 30 < < < <10 6 < DHL < < < <10 11 < DHL < < < <10 14 < DHL < < < <10 15 < DHL < < < <10 5 <10 <1 87 DHL < < < < <10 8 < DHL <5 40 < < < <10 7 < DHL < < < <10 10 < DHL07-15 BL < < < <10 65 < DHL < < < <10 6 < DHL <5 40 < < < < <10 6 < DHL <5 40 < < < <10 4 <10 <1 56 DHL < < < < <10 12 < DHL < < < < <10 8 < DHL <5 45 < < < <5 < <0.01 <10 3 < DHL < <5 40 < < < <5 < <0.01 <10 4 < DHL < < < < <5 < <0.01 <10 27 < DHL < < <5 <20 59 <0.01 <10 12 <10 <1 17 DHL07-15 CGS >1000 < < < < <5 < <10 87 < DHL < <5 100 < < < < <5 < <0.01 <10 7 <10 <1 7 DHL < < < < < <5 < <0.01 <10 11 <10 <1 4 DHL < < < < < <10 14 <10 <1 <1 DHL < < >10 < < < <10 2 <10 <1 2 DHL < < >10 < < < <10 5 <10 <1 <1 DHL < < < <10 76 <10 <1 55 DHL < < < < < <10 <1 68 DHL > <5 70 < >10 < < < <10 5 <10 <1 3 DHL < <5 75 < < < < <10 <1 32 DHL07-15 BL < < < <5 < <10 50 < DHL < < < < < < DHL > <5 70 < >10 < < < < <10 11 <10 <1 <1 DHL <5 75 < >10 < < < < <10 13 <10 <1 <1 DHL <5 75 < >10 < < < < <10 14 <10 <1 <1 DHL < < < < < < <10 12 <10 <1 <1 DHL < < < <5 < <0.01 <10 8 < DHL < < < <20 72 <0.01 <10 6 < DHL < < < <5 <20 83 <0.01 <10 10 < DHL < < < <5 < <0.01 <10 5 < DHL07-16 CGS >1000 < < < < <2 <5 < <10 89 < DHL < < < <5 < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 7 < DHL <5 35 < < < <5 < <0.01 <10 4 < DHL < < < <5 < <0.01 <10 4 < DHL < < < <2 <5 < <0.01 <10 6 < DHL <5 30 < < < <5 < <0.01 <10 4 < DHL < < < <5 < <0.01 <10 6 < DHL < < < <5 < <0.01 <10 6 < DHL < < < <0.01 <10 5 < DHL07-16 BL < < < <2 <5 < <10 54 < DHL <5 35 < < < <0.01 <10 3 < DHL < < < <0.01 <10 5 < DHL < < < <5 < <0.01 <10 7 < DHL < < < <5 < <0.01 <10 8 < DHL < < < <5 < <0.01 <10 14 < DHL < < < <5 < <0.01 <10 13 < DHL < < < <5 <20 75 <0.01 <10 13 < DHL < < < <2 <5 <20 21 <0.01 <10 31 < DHL < < < <2 <5 <20 13 <0.01 <10 18 < DHL07-16 CGS >1000 < < < < <2 <5 < <10 87 < DHL < > < <5 <20 93 <0.01 <10 38 <10 <1 46 DHL < < < <10 > < <0.01 <10 27 <10 <1 10 DHL < < < <5 <20 85 <0.01 <10 12 < DHL < < < <5 <20 95 <0.01 <10 11 < DHL < < < <5 <20 76 <0.01 <10 9 < DHL < < < <5 < <0.01 <10 2 < DHL < < <5 < <0.01 <10 3 <

164 DHL < < <0.01 <10 <1 < DHL < < < <0.01 <10 <1 < DHL07-16 BL < < < <2 <5 < <10 54 < DHL < < <5 <20 76 <0.01 <10 3 < DHL < < < <5 < <0.01 <10 3 < DHL < < < <0.01 <10 12 < DHL < < < < <5 < <10 53 < DHL < >10 < < <0.01 <10 48 <10 <1 6 DHL < < < <5 < <10 71 < DHL < < >10 < < <0.01 <10 <1 <10 <1 3 DHL > < >10 < <20 17 <0.01 <10 2 <10 <1 5 DHL > < >10 < < <20 21 <0.01 <10 11 <10 <1 3 DHL07-16 CGS >1000 < < < < <10 89 < DHL < < <5 < <0.01 <10 9 < DHL <5 40 < >10 < < <20 36 <0.01 <10 14 <10 <1 2 DHL < < < < < <0.01 <10 12 <10 <1 2 DHL < < >10 < < < <10 32 <10 <1 10 DHL < >10 < < <5 <20 22 <0.01 <10 8 <10 <1 3 DHL < >10 < < <5 <20 44 <0.01 <10 6 <10 <1 8 DHL <5 < <5 45 < < <10 > < <5 <20 21 <0.01 <10 8 <10 <1 6 DHL <5 55 < < < < <5 <20 14 <0.01 <10 10 <10 <1 3 DHL < <5 50 < < <10 > < <5 <20 20 <0.01 <10 5 <10 <1 12 DHL07-17 BL < < < < <2 <5 < <10 53 < DHL < < <5 < <0.01 <10 6 < DHL < < < <0.01 <10 4 < DHL < < <5 <20 99 <0.01 <10 4 < DHL < <20 62 <0.01 <10 2 < DHL < < <5 <20 84 <0.01 <10 6 < DHL < < <5 < <0.01 <10 5 < DHL < < <5 < <0.01 <10 6 < DHL <5 30 < < <5 < <0.01 <10 3 < DHL <5 20 < < <5 < <0.01 <10 3 < DHL07-17 CGS >1000 < < < <5 < <10 87 < DHL <5 25 < < <5 <20 95 <0.01 <10 3 < DHL <5 20 < < <5 < <0.01 <10 3 < DHL < < <0.01 <10 2 < DHL < < <5 < <0.01 <10 4 < DHL < < < <0.01 <10 7 < DHL < < <5 < <0.01 <10 6 < DHL < < <5 < <0.01 <10 8 < DHL >10 < < <0.01 <10 2 < DHL < < <5 < <0.01 <10 12 < DHL07-17 BL < < < <2 <5 < <10 52 < DHL < > < < <0.01 <10 23 < DHL > >10 < <20 67 <0.01 <10 1 < DHL < < <5 <20 86 <0.01 <10 3 < DHL < < <5 <20 71 <0.01 <10 4 < DHL < < <2 <5 <20 60 <0.01 <10 6 < DHL < < <2 <5 <20 65 <0.01 <10 5 < DHL > < <5 <20 98 <0.01 <10 3 < DHL < < <5 <20 79 <0.01 <10 5 < DHL < < < <5 <20 57 <0.01 <10 5 < DHL07-17 CGS >1000 < < < < <10 88 < DHL < < < <2 <5 <20 52 <0.01 <10 7 < DHL < < < <5 <20 57 <0.01 <10 6 < DHL < < < <2 <5 <20 83 <0.01 <10 78 < DHL < < <5 < <0.01 <10 15 < DHL < < < <5 < <0.01 <10 5 <10 <1 33 DHL < >10 < < < <10 9 <10 <1 24 DHL < <5 < < < < <5 < < <10 <1 75 DHL <5 30 < >10 < < < < <0.01 <10 19 <10 <1 3 DHL < < <10 > < < < <10 14 <10 <1 5 DHL07-17 BL < < < <5 < <10 52 < DHL < < >10 < < < <0.01 <10 20 <10 <1 3 DHL < <5 30 < < < <5 <20 17 <0.01 <10 5 <10 <1 6 DHL < <5 30 < < < <20 23 <0.01 <10 3 <10 <1 3 DHL < <5 30 < < < <20 45 <0.01 <10 7 <10 <1 2 DHL <5 35 < < < <20 21 <0.01 <10 8 <10 <1 5 DHL < < < < <5 < <0.01 <10 9 <10 <1 3 DHL < >10 < < <20 21 <0.01 <10 5 <10 <1 52 DHL < < < < <20 50 <0.01 <10 8 <10 <1 6 DHL < < < <5 <20 30 <0.01 <10 10 < DHL07-18 CGS >1000 < < < <2 <5 < <10 93 < DHL < < < <5 <20 15 <0.01 <10 11 < DHL < < <20 14 <0.01 <10 9 < DHL > < >10 < <20 98 <0.01 <10 9 <10 <1 29 DHL < < < <0.01 <10 15 < DHL < < <5 < <0.01 <10 7 < DHL < < <5 < <0.01 <10 12 < DHL < < < <5 < <0.01 < DHL < < < <5 < <0.01 <10 5 < DHL < < <5 <20 50 <0.01 <10 33 < DHL07-18 BL < < <5 < <10 59 < DHL >1000 < < < < < <10 61 < DHL > < >10 < < < <10 90 <10 <1 30 DHL < >10 < < < <10 74 <10 <1 34 DHL > < >10 < < <20 31 <0.01 <10 8 <10 <1 11 DHL < < < < < < < DHL < < < < <5 < <10 98 < DHL > < >10000 >10 < < <20 40 <0.01 <10 12 <10 <1 6 DHL > < >10000 >10 < <20 85 <0.01 <10 9 <10 <1 22 DHL < >10 < < <20 46 <0.01 <10 10 <10 <1 <1 DHL07-18 CGS > < < <5 < <10 89 < DHL < <10 > < < <0.01 <10 11 <10 <1 12 DHL < < <5 < <0.01 <10 5 < DHL < < <20 72 <0.01 <10 7 < DHL < < < < < <0.01 <10 10 <10 <1 3 DHL < < < <5 < < < DHL > < >10 < < <20 53 <0.01 <10 11 <10 <1 2 DHL > < >10000 >10 < < < <0.01 <10 8 <10 <1 <1 DHL > < >10000 >10 < < <20 45 <0.01 <10 11 <10 <1 17 DHL < < < < <5 < < <

165 DHL07-19 BL <5 < < < <5 < <10 37 < DHL < < < < <5 < < < DHL < >10 < <20 49 <0.01 <10 15 <10 <1 5 DHL > < >10000 >10 < < < <0.01 <10 4 <10 <1 1 DHL > < >10 < <20 49 <0.01 <10 29 <10 <1 5 DHL > < >10 < < < <10 48 <10 <1 20 DHL < >10 < < <0.01 <10 13 <10 <1 1 DHL < < < < < <10 71 <

166 Assessment Report Lexington Property Diamond Drilling APPENDIX III COST STATEMENT 3

167 Assessment Report Lexington Property Diamond Drilling STATEMENT OF COSTS LEXINGTON PROPERTY 2007 EXPLORATION PROGRAM FIELD PERSONNEL J.Rus Geologist 17 - Sep/07 $6, Oct/07 $6, $12, H. Castillo Geologist 5 days@$400/day - Oct/07 $2, days@$400/day - Nov/07 $3, $5, Merle Moorman Field Assistant 27 days@$250/day Sept/Oct 07 $6, days@$250/day Nov 07 $5, days@$250/day Dec 07 $2, $15, Mel Kerney Surveyor 2 days@$350/day Nov 07 $ $ CONSULTANTS - GEOLOGICAL Paul S. Cowley, P.Geo 22 days@$500/day Sep/07 $11, days@$500/day Oct/07 $13, $24, FOOD AND ACCOMMODATION $1, VEHICLE RENTAL $7, EQUIPMENT AND SUPPLIES Field Supplies $3, Fuel & Lubes $2, EQUIPMENT RENTAL $ DIAMOND DRILLING m $281, FREIGHT $ LABORATORY ANALYSIS $39, REPORT PREPARATION $7, TOTAL $403, Note: The $403, figure is the cost of the full 19 hole metres drill program. However, there are certain drill holes which were drilled on Crown Grants owned by Merit with overlapping Mineral Title Claims not held by Merit, and as such, are not eligible to be included for assessment credit. The holes that are excluded from the cost statement are DHL07-01, 2, 9, 10 and 14 through 17. The assessment credit being applied for here is $221,

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