Assessment Report. Diamond Drilling on the Bing Property (Formerly the Icy Lake Property) Atlin Mining Division 104K/08

Transcription

1 Assessment Report Diamond Drilling on the Bing Property (Formerly the Icy Lake Property) Atlin Mining Division 104K/08 UTM Zone 08 NAD E N North Latitude West Longitude For Paget Minerals Corp. By David Volkert October

2 Table of Contents Introduction... 3 Location and Access... 3 Physiography, Climate and Vegetation... 3 Claims and Ownership... 4 Exploration History... 7 Regional Geological Setting... 8 Property Geology Mineralization and Alteration Bing Work Completed Diamond Drilling PB Moly Creek PB Chalco Creek PB South Zone Conclusions and Recommendations Bing References Appendix A: Statement of Qualifications Appendix B: Statement of Costs Appendix C: Cross Sections Appendix D: Core Logs BC BC BC Appendix E: Analytical Certificates List of Figures Figure 1 Location Map Figure 2 Claim Map Figure 3 Regional Geology Figure 4 Drill Hole Locations (1:50,000) List of Tables Table 1 Table 2 Table 3 Table 4 Claim Status Historical exploration work in the Icy Lake Property area Diamond Drill Hole Locations Notable Diamond Drill Intercepts 2

3 Diamond Drilling on the Bing Property Introduction The Bing Property was examined by the author and geologists Jim Ashleman, Chris Weldon, Eric Alexander and Kayla Dell from June 1 st to August 1st, The area, previously known as the Icy Lake Property, has been renamed the Bing Property as most of the Icy Lake claims have been dropped and exploration is now focused on the Bing claims. The purpose of the visit was to evaluate the economic potential of the claims by a diamond drilling program on previously determined targets. A m drill program consisting of three diamond drill holes was completed on the eastern side of the Bing Porphyry during Summer All work including report writing was completed at a cost of $1,001, Location and Access The Bing Property is located in northwestern B.C. about 100 kilometers northwest of Telegraph Creek and 125 kilometers west of Dease Lake (Figure 1). The property is located in NTS 104K/08, latitude N, longitude 'W. Formerly road access to within about 11 kilometers of the southern property boundary was provided by the Golden Bear mine access road, which is presently not usable due to landslides and washouts. From the Golden Bear road access could be easily constructed to the southeastern part of the property along the Samatua River drainage. Work on the property during the 2011 program was helicopter-based from the Shelsay hunting camp operated by the Day Brothers of the Tahltan First Nation. Camp mobilization was facilitated by use of fixed wing access from Dease Lake to the Sheslay air strip, located at the junction of the Sheslay and Hackett Rivers, 22 kilometers southeast of the property. Physiography, Climate and Vegetation Elevations range from 800 meters in the western part of the property at Tatsamenie Lake, to 1900 meters in the central part of the property. The area is characterized by high relief and steep slopes, and topography is rugged, with prominent ridges rising above glaciated U-shaped valleys. Climate is typical of the interior parts of northern B.C. with moderate snowfalls, long, cold winters and short cool summers. The upper slopes and ridges of the property are typical alpine terrain, characterized by grassy meadows on flatter ridges, rock and talus-strewn slopes in steeper areas. The lower parts of the property (below meters) are characterized by moderate to dense vegetation including cedar, fir, spruce, and aspen. 3

4 Claims and Ownership The Bing Property, formerly known as the Icy Lake property consists of 6 contiguous claims which total hectares, as indicated on Figure 2. The name of the claim blocks was changed from Icy Lake to Bing in 2011 when the number of claim blocks was reduced from 17 to 6 and the Icy Lake claims were discarded. The current claim tenures focus on the Bing property. They are owned 100% by Paget Minerals Corp. (BCE ID number ) of W. Pender St., Vancouver, BC. The claims are currently valid until November 1, Table 1 Claim Status Tenure Claim Name Owner Good To Date Status Area Number BING TOP /Nov 01 GOOD (100%) TAT /Nov 01 GOOD (100%) BING CHERRY /Nov 01 GOOD (100%) MC HAMMER /Nov 01 GOOD (100%) ICY LAKE /Nov 01 GOOD (100%) WOLFMOTHER /Nov 01 GOOD (100%) Total

5 Figure 1: Location Map 5

6 Figure 2: Claim Map 6

7 Exploration History The Tatsamenie Lake area has been explored sporadically by numerous companies since early exploration of the Bing porphyry system by Newmont in Exploration in the area of the Icy Lake Property is documented in nine assessment reports available on the B.C. Ministry of Mines ARIS website ( In 1971, Souther published a 1:250,000 scale regional map of the Tulsequah map area which outlined a large alteration zone extending from the west side of Tatsamenie Lake to the Bing area, a distance of over 20 kilometers (Souther, 1971). The Icy Lake (MC or Ant) porphyry was identified initially by V. Cukor and P.H. Sevensma in 1970 for the Colorado Corporation; it was subsequently worked by Skyline Exploration and Brinex in 1971, and by Rio Tinto in Discovery of the Golden Bear gold deposit in the 1980 s spurred a renewed look at the area by Chevron and North American Metals as well as a number of junior exploration companies. Table 2 Historical exploration work in the Icy Lake Property area. Report # Year Work Done Company Work Done Newmont Geological mapping Newmont Ground and airborne magnetics, IP, soil sampling (789 samples), geological mapping Colorado Corp. Geological mapping, soil sampling (318 samples), rock sampling (18 samples) Brinex/Skyline Geological mapping, trenching, soil and silt sampling (227 samples), rock sampling (84 samples) Rio Tinto Geological mapping, trenching, soil sampling (298 samples), rock sampling (84 samples) Waterford Res. Geological mapping, rock sampling (315 samples), ground VLF/mag Allan Res. Trenching, rock sampling, ground EM/mag Tahltan Holdings Soil sampling (66 samples) 7

8 Premier Minerals/Inukshuk Capital Paget Resources Corporation Geological mapping, rock and soil sampling Geologic mapping, rock sampling (83 samples) Regional Geological Setting The Icy Lake Property is located within northern Stikine Terrane, which comprises a series of mid-paleozoic to Middle Jurassic volcano-plutonic arc sequences west of oceanic rocks of the Cache Creek Terrane. Paleozoic basement rocks are informally known as Stikine Assemblage. A prominent Permian limestone unit cores a series of structural culminations in the area and is structurally overlain by Carboniferous felsic to mafic volcanics (Figure 3). The Paleozoic supracrustal rocks are intruded by voluminous diorite to quartz diorite plutons of Middle to Late Triassic age. These plutons have a widely developed structural fabric not found in more felsic Jurassic to Eocene intrusive rocks. Except in the southeastern part of the Icy Lake property, Paleozoic volcanics occur only as widespread roof pendants within the larger masses of Triassic batholiths. The development of regional thrust faults placing Carboniferous volcanics on Permian limestone, widely developed tectonic foliations and a variety of mesoscopic fold orientations testifies to the complex structural history of the area. In the western part of the property near Tatsamenie Lake, earlier structures are truncated and offset by younger north-south trending faults, which comprise the Ophir Break. These faults may be traced south to the Golden Bear mine area, where they include the ore-hosting structures of the Golden Bear gold deposit. The Ophir Break is a deep crust-transecting structure, as suggested by the presence of several slices of mantle tectonite (serpentinite) along the main fault strands. 8

9 Figure 3: Regional Geology 9

10 Property Geology Bing Area The Bing area is a flat-topped plateau in the eastern part of the property east of a major north-flowing tributary of the Sheslay River. This part of the property was visited from August 9 through Aug 14, The principle lithologies include siliciclastic and calcareous sediments, chert, limestone, and andesitic to mafic volcanics (Figure 4). These are intruded by a diorite pluton and a number of intermediate to felsic dykes and stocks (monzonite-quartz monzonite, feldspar-hornblende porphyry, quartz-feldspar porphyry). The intermediate to felsic intrusive lithologies are younger than the weakly foliated diorite which they have intruded. The main body of quartz monzonite appears to be a north trending dyke which has been traced over a strike length of 2.5 kilometers along the upper eastern slope of the plateau. Limestone and calcareous and siliciclastic sedimentary rocks exposed on the north end of the pluton are variably silicified, hornfelsed and skarned. Intercalated volcanic rocks are skarned and strongly epidotized. Intercalated volcanic and sedimentary rocks exposed on the southeastern slope of the plateau have been metamorphosed to amphibolite and calcsilicate. Mineralization and Alteration Bing The Bing showing (MINFILE 104K 035) is a porphyry copper-molybdenum system with peripheral skarn-type copper mineralization. Alteration and mineralization in the Bing area are widespread and complex. Diorite, which underlies much of the property, has undergone polyphase alteration characterized by strong early stage actinolite-magnetite overprinted by K-feldspar-magnetite and quartz veining as well as retrograde chlorite and epidote. This alteration sequence is seen in the upper reaches of Chalco Creek, the southern of the two creeks with good rock exposures draining the eastern slope of the plateau. The zone is here exposed over a width of 75 meters. Similar alteration is exposed in the lower part of Moly Creek, the northern of the two creeks. More evolved felsic dykes (monzonite, quartz feldspar porphyry, quartz monzonite and granodiorite) crosscut the altered diorite and appear to postdate the main alteration system, as they typically contain unaltered feldspars and mafic minerals. Some remobilization of secondary copper minerals has taken place along dyke contacts. The felsic intrusions are strongly altered in the vicinity of quartz veins where thick (1 to 2 meter) envelopes of quartz-pyritesericite/clay are present. A second, weak K-feldspar alteration and veining event is widespread across the property and cross-cuts earlier alteration including the earlier potassic assemblages, and the felsic intrusive bodies. 10

11 Three main types of mineralization were identified on the Bing property: (1) Cu ± Mo associated with quartz veins and potassic alteration in diorite (porphyry style); (2) Mo ± Cu associated with quartz, carbonate, kaolinite veins (epithermal style); and (3) Cu in skarn altered volcanics and calcareous sediments intruded by diorite (skarn style). 1. The upper reaches of Chalco Creek and the lower portion of Moly Creek, where potassic alteration is most intense, have significant amounts of chalcopyrite. The chalcopyrite is mainly associated with K-feldspar-magnetite veins and with potassic selvages of quartz veins. Where the alteration is most intense, up to 30% of the rock is k-feldspar and large patches of exposed surfaces are stained with malachite and azurite. These rocks also contain trace disseminated and fracture controlled molybdenite, and up to 5% disseminated and stringer pyrite. This porphyry style mineralization is hosted within diorite, and appears to be truncated by more felsic dykes and/or stocks which intrude both Chalco and Moly creeks. While this system is hosted in diorite, it could be related to an underlying intrusive body; a possible candidate is a phyllic altered plagioclase phyric monzonite which is only exposed in a few outcrops along the lower reaches of Moly Creek. 2. A number of northeast striking and moderate to steeply dipping 5-40 cm wide quartz(-carbonate)-kaolinite-sulphide veins are exposed throughout the length of Moly Creek. These veins crosscut the diorite and quartz monzonite intrusive rocks that are exposed in the creek. These laminated veins are composed primarily of clear to white quartz with wispy layers of kaolinite. Pods of massive to semi-massive sulphide are common in these veins and in places can occupy the entire width. Sulfides are mainly pyrite with a trace copper minerals (Cu staining is common), and 1 mm thick bands of molybdenite; molybdenite is also disseminated throughout the veins and wall rock. In some locations these veins contain up to 3% molybdenite. Fine stockworks of a grey sulfosalt are associated with a few of the veins. In the upper reaches of Moly Creek, a banded quartz vein contains approximately 5% galena and 2% sphalerite; however this was the only occurrence of Pb and Zn sulfides. Alteration envelopes to the veins are up to 2 meters wide and consist mainly of sericite-clay-quartz-pyrite with local quartz flooding. These envelopes consist of highly weathered, fractured and broken rock. When silica flooding has stabilized the rock against weathering prominent outcrops of intense boxwork after pyrite are present. These veins represent a lowph meteoric water-dominated fluid developed in the waning stages of the porphyry system. Their superposition on typical porphyry style alteration and mineralization suggests that the hydrothermal center underwent rapid uplift and erosion as the magmatic-hydrothermal system evolved. 3. On both the northern and southeastern slopes of the Bing area volcanic and sedimentary country rock adjacent to the diorite are intensely hornfelsed and altered to calcsilicate phases. On the northern slope, calcareous sedimentary rocks have been intruded by a hornblende leucodiorite which has undergone variable actinolite-magnetite to epidote-chlorite-pyrite alteration. Pyrite is 11

12 widespread in the diorite and chalcopyrite is locally present in minor amounts. The sedimentary rocks have undergone strong metasomatic alteration with development of fine grained garnet, diopside and epidote over a strike length of over 400 meters and thicknesses in excess of 20 meters. Locally, coarse grained cm-scale euhedral brown garnet crystals are also present. Volcanic rocks adjacent to the skarn have undergone intense metasomatic epidote alteration. Copper mineralization in the skarn is strong and pervasive, with 1-3% chalcocite, chalcopyrite and bornite as disseminated blebs (up to 1 cm diameter), and rarely in veinlets. Copper staining is abundant on fracture surfaces. Adjacent to the skarn in the northeastern part of the zone, there are a number of outcrops of volcanic rocks which have undergone extensive metasomatic alteration and which are also copper bearing. These volcanic rocks are primarily red siliceous plagioclase phyric dacites which in places are brecciated (possibly due to metasomatism) with silica cement. Up to 20% pyrite in these rocks has been weathered out on exposed surfaces exposing an orange boxwork. In addition 2-3% of the rock volume consists of chalcopyrite veins that are responsible for heavy malachite staining. On the southeastern slope east of the prominent quartz monzonite dyke, white calcsilicate intercalated with amphibolite is pervasively fractured with malachite and azurite staining on fracture surfaces. This secondary copper mineralization is related to in situ blebs of chalcocite which are widespread within the calcsilicate. Work Completed 2011 The Bing Property was examined by Paget Minerals personnel from June 1 to August 1, The purpose of the visit was to evaluate the economic potential of the claims by a diamond drilling program on previously determined targets. A m drill program consisting of three diamond drill holes was completed on the eastern side of the Bing Porphyry. Diamond Drilling A three hole, meter diamond drilling program was conducted between June 1 and August 1, 2011 on the Bing Property. Tahltan Drilling Services, a partner of Blackhawk Drilling Ltd out of Smithers, BC, was the drill contractor. A JT-2000 heli-portable drill rig was used and transported onsite with a B2 Astar helicopter. The drill holes began in HQ core and then reduced to NQ when necessary. The purpose of the drill program was to attempt to intersect mineralized outcrops at depth that had been sampled during a 2007 rock sampling program. The drill holes were also selected to fill in gaps from the 1965 Newmont drill program. 12

13 Core logging of diamond drill core was performed by a geologist and recorded onto a logging form in Excel. Core logging is focused on the identification of major lithological units and alteration assemblages as well as mineralized intervals and faults. Core intervals for sampling were tagged, logged and split. One half of each interval is sampled for assay, while the other half is kept for reference in the core box on site, presently stored at the Sheslay Camp, UTM E, N, Zone 9. Assay samples were placed in plastic sample bags closed with zip ties. Several samples, depending on weight, were placed in rice bags and security sealed with security tags. Assay samples were flown to the Tsayta Airbase in Dease Lake where they were palletized and shipped with Bandstra Transportation Systems to ALS Minerals in Terrace. At the laboratory, the samples were dried crushed and pulverized using standard rock preparation procedures. The pulps were then analyzed for Au using a 30 gram fire assay with AA finish and for 30 elements by ICP. Quality control at the laboratory is maintained by submitting blanks and standards every 10 samples on average. Drill core logs and analytical results are in Appendix C. Drill collar locations are plotted on Figure 4. Drill collar locations and information are as follows: Table 3: Diamond Drill Hole Locations Drill Hole East- UTM83 North- UTM83 Elev (m) UTMzone Azm Incl TD (m) PB PB PB Table 4: Notable Diamond Drill Intercepts Drill Hole From (m) To (m) Interval (m) Cu (%) Mo (%) PB including PB including

14 PB including

15 Figure 4: Drill Hole Locations 15

16 PB Moly Creek Diamond drill hole PB is located to the south of Moly Creek and drilled due East, following the topography downslope. The purpose of this drill hole was to test for subsurface mineralization based on a rock sampling program in 2007 by Paget that returned values up to 0.2% Cu and 0.26% Mo. Previous drilling had been conducted in this area to the north of Moly Creek in 1965 with some favorable intercepts such as 109 meters at an average 0.24% Cu including 21 meters at 0.86% Cu. These previous drill holes were all drilled with a dip of -45 degrees, at to a maximum depth of 174m. PB was drilled with the intent of drilling deeper at a steeper dip to determine the extent at which mineralization occurs at depth. The hole was comprised almost exclusively of a fine to medium grained diorite except for a few later stage quartz monzonite dykes between 0.9m and 4m wide. The main alteration present throughout the hole was a quartz-chlorite (QC) that resulted in intense silica replacement throughout and 10-20% of the mafics being replaced to chlorite, more in some places. Down hole, epidote alteration began to show up and along with some carbonate veining. The strongest epidote was associated with quartz veins and was commonly associated with minor potassium feldspar alteration. Mineralization tended to decrease downhole. Pyrite is the most abundant sulphide in this hole, occurring as veinlets, fracture coatings, salvages on quartz veins and also finely disseminated throughout. Uphole the pyrite content ranged from 1-3% and decreased downhole to consistent trace amounts. Molybdenite and chalcopyrite typically occur as salvages along the edges of quartz veins, veinlets and fracture coating. PB Chalco Creek Diamond drill hole PB is located on the north edge of Chalco Creek and drilled due East, following the topography downslope. The purpose of this drill hole was to test subsurface mineralization that is visible in Chalco Creek at to attempt to intersect the main body of quartz monzonite that intrudes the diorite. There had also been no previous drilling in the immediate area of Chalco Creek by Newmont in 1965, so this hole attempted to fill this gap. As with PB-11-01, this hole was drilled at a steeper dip and deeper than the holes in the Newmont drilling program. The major lithology throughout the hole was an intensely silicified diorite that trended into a quartz diorite at 318 meters. A few monzonite dykes and sills were encountered, but none larger than 0.8m. The main quartz monzonite body was never intersected. Silica, Chlorite and epidote alteration was dominant for the first 180 meters of the hole, after which K-spar, silica and sericite alteration began to take over. Pyrite is the most abundant sulphide in the hole, occurring as veinlets, associated with quartz veins and finely disseminated throughout. Chalcopyrite is fairly consistent throughout the hole in trace amounts, usually associated with pyrite, but sometime in 1-3cm blebs by itself. Moly is found in trace amounts throughout the hole, typically associated with the chalcopyrite, and in some thin veinlets and coating fractures. 16

17 PB South Zone Diamond drill hole PB is located approximately 0.5 km south of Calcho Creek and about 100 meters lower in elevation then the first two drill holes. This location was selected based on previous drilling in the area that contained anomalous Cu values, rock samples in 2007 and mineralized outcrop in the area that was observed in the 2011 season. The previous holes in the area were drilled in 1965 by Newmont to a maximum depth of 174 meters at a dip of -45. This hole attempted to drill deeper at a steeper dip of -60 and reached a total depth of meters. As with the first two drill holes, the main lithology is an intensely silicified diorite. Quartz monzonite dykes and sills were encountered sporadically from 123 meters to the bottom of the hole. Alteration is fairly consistent throughout the hole with silica being the most intense. Chlorite and epidote alteration is fairly consistent, the mafics in the diorite were altered to chlorite about 20-30% of the time and epidote was commonly associated along the edges of quartz veins and zones in increased K-spar alteration. Mineralization is fairly consistent with pyrite being the dominant sulfide occurring along quartz veins, in thin veinlets and disseminated throughout. Chalcopyrite occurs with quartz veins and as thing stringers in the diorite. Molybdenum is typically found associated with the chalcopyrite and infilling thin fractures. One are of particular note is that the bottom of this hole ended in some of the stronger mineralization of any of the drill holes. Three of the last four samples were anomalous in Cu, Mo and Au and included the only anomalous Au in any of the three drill holes. Conclusions and Recommendations Bing The Bing porphyry may host a number of additional drill targets. However, further geologic mapping and rock sampling should occur prior to drilling, specifically in the heavily treed areas along the eastern and southern ends of the porphyry. Numerous unmapped outcrops likely exist in these areas and 4-6 days of mapping and sampling would help to better define alteration zones and mineralized outcrops. The main quartz monzonite body that intrudes the diorite was not intersected in the drilling, so further mapping of the monzonite would help to locate it in the subsurface. The high grade of the skarn mineralization in the northern part of the system suggests that this may be a significant target. Limited mapping in this area suggests a potential strike length of at least 500 meters; whether or not this is continuously mineralized is not known. Observed thicknesses of mineralized skarn in outcrop are up to 20 meters. In the southeastern part of the system similar mineralization hosted by fractured intercalated calcsilicate and amphibolite is dominated by secondary copper minerals and should be examined in detail for its leachable copper potential. During the 2011 season, these skarn targets were not located in the field and it is recommended to reassess the mineralization potential for future drilling. 17

18 A well-constructed grid exists on the property from historical exploration and could easily be reclaimed for the purpose of sampling and geophysics. The Bing area has well developed soils and a comprehensive soil sampling survey with modern analytical techniques has never been carried out. It may be possible to use ground magnetics to define early stage actinolite-magnetite alteration as well as magnetite-destructive alteration associated with late-stage polymetallic veins and their associated clay-pyritesilica overprint. The spatial relationship between the diorite hosted copper-molybdenum mineralization and potassic alteration in Chalco Creek and the quartz monzonite associated molybdenum vein mineralization in Moly Creek may be difficult to define without significant drilling. References Awram, David I. and Bridge, Dane A. (1997) Report of 1996 Geological, Geochemical, and Geophysical Exploration Work Done on Ant 1-6, Bing 1-5, and Samo 1-4 Mineral Bradford, J. (2007): Rock Geochemistry and Geological Mapping on the Icy Lake Property. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report Claims. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 25,150. Canon, D.M. and Gutrath, G. (1965): Report on Geological Survey Bing No. 15 Claim Group. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 653. Canon, D.M. and Gutrath, G (1965): Report of Geophysical Surveys, Geological Survey and Geochemical Survey, Bing #48 and Bing # 83 Claim Groups. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 668. Cukor, V. and Sevensma, P.H (1970): Geochemical Report. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 3,075. Cukor, V. and Sevensma, P.H (1971): Geological-Geochemical Report. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 3,475. Dynes, B. (1994): Geochemical Report on the Bind Mineral Claims. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 23,554. Holtby, M. (1976): Icy Lake Option 104 K/8 E Geological and Soil Geochemistry Report. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 6,

19 Olfert, E.G. (1993): Geological and Geochemical Report on the Chid Property. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 23,431. Oliver, J. (1991): Geological Evaluation of the Tab Project Tatsa, And Bing Mineral Claims. B.C. Ministry of Energy, Mines and Petroleum Resources Assessment Report 21,987. Souther J.G. (1971): Geology and Mineral Deposits of the Tulsequah Map-Area, British Columbia; Geological Survey of Canada Memoir 362 and Map1262A. 19

20 Appendix A: Statement of Qualifications 20

21

22 Appendix C: Cross Sections 22

23 E PB m 1520m 1520m 1520m 1520m PB m Meters PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m E Drill Collar Topography (DEM NTS 50k) Drill Trace End of Hole Downhole Depths Lithology Overburden Quartz Diorite Felsic Dyke Feldspar Porphyry Silicified Quartz Diorite Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Lithology Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone 08 Fault Zone Meters

24 PB E 1520m 1520m 1520m 1520m 1520m PB m Meters PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m Legend E Topography (NTS 50k DEM) Drill Collar Drill Trace Downhole Depth End of Hole Lithology Overburden Quartz Diorite Felsic Dyke Feldspar Porphyry Silicified Quartz Diorite Fault Zone Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Lithology Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone Meters

25 m m m 200m 1150 PB E m µ 1520m 1520m 1480m m 1520m Meters PB PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m E Topography (NTS 50k DEM) Drill Collar Drill Trace Downhole Depth End of Hole Lithology Overburden Quartz Diorite Felsic Dyke Feldspar Porphyry Fault Zone Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Lithology Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone Meters

26 E PB m 1520m 1520m 1520m 1520m PB m Meters PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m Drill E Topography (NTS 50k DEM) Collar Drill Trace Downhole Depth End of Hole Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- Downhole Gold Assays Au (ppm) Left Side Downhole Copper Assays Cu (ppm) Right Side BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Assays Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone Meters

27 PB E 1520m 1520m 1520m 1520m 1520m PB m Meters PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m E Topography (NTS 50k DEM) Drill Collar Drill Trace Downhole Depth End of Hole Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- Downhole Gold Assays Au (ppm) Left Side Downhole Copper Assays Cu (ppm) Right Side BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Assays Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone Meters

28 m m m 200m 1150 PB E µ 1520m 1520m 1520m 1480m m 1520m Meters PB PB m 1400m E E PB m E 1320m 1280m 1240m 1200m 1240m 1160m 1280m E Topography (NTS 50k DEM) Drill Collar Drill Trace Downhole Depth End of Hole Section Details: Orientation: East-West Viewing: North Thickness: 50m +/- Downhole Gold Assays Au (ppm) Left Side Downhole Copper Assays Cu (ppm) Right Side BING PROPERTY British Columbia, Canada Drill Cross Section N Downhole Assays Date: July 2012 Scale 1 : 500 Coordinates: NAD83 UTM Zone Meters

29 Appendix D: Core Logs BC PROJECT: BING Start Date: 29-Jun-11 Collar: UTM (NAD83) Paget Minerals Corp. ID Hole: PB End Date: 17-Jul-11 UTM_E: Geologist: Core Inclination: -60 Size: HQ 0- NQ UTM_N: Azimuth: 90 UTM_Zone: 8 Date Log completed: Pg of Length: m Drill Contractor: Black Hawk Elev: 1422 m Geology - Lithology Structure Veins/1m Alteration Mineralization Sample Number From To Length Lithology Type (F, f, B, v)-angle Breccia Graph Log Redox O/M/S Alter. Code Fault, fract, bed, vnlt Rock Rock composition type/texture (m) (m) (m) 1 < 2 < 3 < Rock Code Sulfide Qtz-Sulf/Ox Quartz Mnt±qtz Other biotite K-fspar Sericite Silica Clays Chlorite Epidote Calcite Other Oxide / Limonite Sulfides Description HGJ Ratio 0-5 J_H_G Magnetite % Other: Cu, Mn, etc. Pyrite Cpy Bornite Moly Ore py, cpy, bor, cv, sph, gal; Structure Bx, F, f, V, v, B; Other stk, dsm, prvs, mtx, slvg OB Overburden L M QC Di Silicified Diorite mafics v tr Silicified Diorite: medium grained to fine grained in highly altered sections, dark grey, Sulphides occur mianly as fracture coatings. Some mixed moly and qtz veins mainly oriented at 40 deg. Oxidation on fracture surfaces. Weak K- spar alt. associated with qtz veining. radial actinolite crystals. Very Silicified. Lithology continues. Increase in chlorite alt. Stronger magnetite, filling fractures. Sulphides mainly occur as Moly mixed with qtz veins dipping L S QC Di Silicified Diorite mafics v 50 v tr from deg and pyrite in fracture surfaces. L Blank CDN- BL-8 L S QC Di Silicified Diorite mafics v 75 v tr L S QC Di Silicified Diorite mafics v 80 v tr L S QC Di Silicified Diorite mafics v 85 v 35 f Lithology continues. Slight decreas in chlorite alt. Strong py and some moly associated with fractures along qtz veins with k-spar salvages. Some calcite alt. present in vein at 75 deg with some visble moly and py. Long vein alt. to chlorite, with visble py and disseminated moly at 20 de. Lithology continues. Magnetite filling fractures. Slight increase in calcite alt. several.5 mm py vnlts running through core. Decrease in py on fracture coatings. Sericite alt. on fracture surafces. Lithology continues. 4 cm thick magentite vein at 85 deg. Strong K-sapr alt along edges qtz vein at 35 deg. With strong chlorite, calite and epidote alt along center of vein (hematite also present). Moly coating on fracture at 40 deg. Some moly / qtz veins steeply dipping (~70 deg). 29

30 L S QC Di Silicified Diorite mafics f 20 v tr L S QC Di Silicified Diorite mafics f 75 v tr L S QC Di Silicified Diorite mafics v 45 v L S QC Di Silicified Diorite mafics v L S QC Di Silicified Diorite mafics v tr tr L S QC Di Silicified Diorite mafics v 85 v tr CDN- CM- L Standard 11A L S QC Di Silicfied Diorite qtz, mafics v 75 v 50 f L S QC Di Silicfied Diorite qtz, mafics v 55 f 15 f tr 0.25 L S QC Di Silicfied Diorite qtz, mafics v 60 f tr tr L S QC Di Silicfied Diorite qtz, mafics v 55 f 15 v L S QC Di Silicfied Diorite qtz, mafics v 85 v tr tr L S AR Di Silicfied Diorite mafics v 35 v tr tr L S AR Di Silicfied Diorite mafics v tr L S QC Di Silicfied Diorite qtz, mafics v 85 v tr L S QC Di Silicfied Diorite qtz, mafics v 40 v tr Lithology continues. Carbonate coatings along fractures. Hematite staining along fractures. Moly and qtz vein at 80 deg. At end of sample there is a 20 cm section of increased clay and sericite alt. Lithology continues. Increase in K-spar alt and slight increase in chlorite alt. Moly fracture coating at 75 deg. Qtz/carb veins present, epidote and pyrite associated. Lithology continues. Mixed moly and qtz veins range from deg. Py and moly fracture coatings. K-spar alt. associated with qtz veining. Thin oyrite vnlts. Lithology continues. Begin to pick up cpy on fractures and small blebs in veins. Decrease in K- spar alt. 2 cm thick qtz vein with py and moly salvages along edges. Lithology continues. Py occurs mainly as fracture coatings and some mixed py/ qtz veins. Still some cpy on fracture surfaces but to a lesser degree. Qtz vein with strong moly salvages at 75 deg. lithology continues. Decrease in chlortie alt, mainly confined to fractures. Decrease in magnetite. Qtz vein with moly salvages ranging from deg. Incease in qtz/ carb veins. Lithology continues. Small cpy blebs. Moly salvage son qtz veins. Py and moly as fracture coatings. K-spar alt. associated with qtz veining. Magnetite confined to fractures. Clay, sericite and carbonate on fracture surfaces. Trending towards qtz Di. Lithology continues. Mixed cpy and qtz vein at 55 deg with moly salvages along edges. Increase in K-spar alt. qtz vien offset 1 cm by later qtz/ calcite vein exploting fault. Hematite staining on fracture surfaces. Lithology continues. Descrese in sulphides. Moly salvages on qtz veins and some dissmeinated py. Lithology continues. Moly as fracture coatings an as qtz vein salvages. Cpy as fracture coatings and in thin vnlts. Qtz/calcite vein. Magnetitie fillling fractures. Lithology continues. Steeply dipping qtz viens with moly salvages along edeges, range from cm thick. Py, cpy and py as fracture coatings. K - spar alt. asociated with qtz veins Lithology continues. Finer grained, more altered Di, less visible plag phenocrysts. Two 1.5 cm cobalite veins. Increase in pyrite as dissmeinated blebs. K-spar alt. dispaears. Lithology continues. At 50.6 m there is afault associated with 20 cm of rubble/gouge and bounded by matrix supoorted breccia. Rock is fine grained and lighter grey in colour. AR alt increase. Magnetite drops out. Increase in qtz/carb veins. Lithology continues. Weak magnetite as fracture fillings. Stil lighter grey grey diorite, higher sericite and clay alt. Qtz veins with moly salvages. Py as disseminated blebs and vnlts. Incease in qtz veining. Lithology continues. Di is lighter grey/green colour due to increase clay and sericite alt. Softer rock. 2 cm thick cobalite vein at 60 deg. Moly as qtz vein salavges and py as fracture coatings. 30

31 L Blank CDN- BL-8 L S QC Di Silicified Diorite qtz, mafics v 60 v tr L S QC QD L S QC QD L S QC QD L S QC QD L S QC QD L S QC QD Silicified Qtz Diorite qtz, mafics f 10 v tr tr Silicified Qtz Diorite qtz, mafics v 50 f tr 0.3 Silicified Qtz Diorite Silicified Qtz Diorite Silicified Qtz Diorite Silicified Qtz Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite CDN- CGS- L Standard 23 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di QtzDiorite Pegmatite L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v tr 0.3 mafics v tr tr mafics v tr 0.25 mafics v 10 v tr mafics v tr mafics v tr mafics v tr 1.0 tr tr mafics v tr 1 tr 0.25 mafics v tr 1.0 tr 0.25 qtz, mafics v tr tr tr mafics c 30 v tr tr tr tr mafics v tr tr tr tr Lithology continues. Back into a more coarse grained Di. Still trending towards qtz Di. K-spar alt increasing. Moly salvages on qtz veins. Finely dissmeninated py. Qtz Diorite. Increased original qtz. Ihematite staining on fractures. Moly as fracture coatings and salvages on qtz veins. Pick of cpy again as small blebs. Magnetite filling fractures. Lithology continues. 2 cm qtz with with visible moly salvages along edges and running through center. Moly as fracture coatings. K-spar alt. associated with qtz veins. Switch Logging to Chris Weldon. Lithology continues. Grain size has increased to coarse grained. Most of the quartz veins are moly bearing. Tr potassic altn on fracture surfaces. Lithology continues. Little change from above. Quartz veining seems to have a prefered orientation of 50 degrees dip. Lithology continues. Quartz veins are heavy with moly. Small 1mm magnetite vein. One 2cm qtz vein has moderate amounts of cpy and moly with epidote on the edges. Litholgy continues. 2cm vein with abundent moly, cpy and mnt at 10degrees. Py and cpy along fracture surfaces with tr moly. Increase in chlorite altn. Grain size slightly decreasing. Diorite. Grain size decreasing. Appears to be more a a diorite with decreased quartz content. Strong moly on some fracture surfaces and in thin veinlits. Lithology continues. Sulfide veins are crosscutting all other vein types. Trace amounts of calcite within some fracture surfaces. Potassic altn in increasing slightly or a small area. Lithology continues. Actinolite vein at 40 degrees with associated disseminated moly. Weak potassic altn except on fracture surfaces and nonsulfide qtz vein. Lithology continues. Strong moly with qtz veins. Slight increase in chlorite altn. There is a 4cm quartz/carb vein that is bleaching the surrounding rock. Lithology continues. Increasing grain size to coarse grained. Slight increase in potassic altn on joint surfaces. Moderate chlorite altn. Moly is on fracture surfaces and on the edges of qtz veins. Increase in grain size to pegmatitic. Original quartz is appearing in the pegmatitic rock. Decrease in sulfides within rock. Qtz veins are hosting mainly moly. Decrease in grain size at sharp contact at 30degrees. Slight increase in potassic altn. Small 10 cm zone that has a pegmatitic appearance with strong moly in one of the quartz veins. Lithology continues. Increase in potassic altn along joint surfaces. Moly and cpy bearing qtz vein have prefered orientation of 40degrees. 31

32 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L Blank CDN- BL-8 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v tr tr tr tr mafics v tr tr tr tr mafics v tr tr tr tr mafics v tr tr tr tr mafics v 40 v tr mafics v tr tr mafics v tr 0.5 tr tr mafics v tr tr tr tr mafics v tr tr tr tr mafics v tr tr mafics v tr tr mafics v tr Lithology continues. Decrease in potassic altn. Quartz content might be increaseing to a quartz diorite. Lithology continues. Tr potassic altn on joint surfaces. Tr epidote along qtz veins. Lithology continues. Slight increase in chlorite alteration downhole. Potassic altn on fractures. Lithology continues. Increase in chlorite and potassic altn. Most of the feldspars are altering out. The only major vein has strong moly and cpy associated. Lithology continues. Potassic and chlorite altn decreasing downhole. Strong cpy and moly veins at 90.6m. Lithology continues. Slight increase in grain size. Potassic altn on joint surfaces. Moly on edges of qtz veins. Lithology continues. Trending to finer grain downhole. Potassic altn in stron along fractures and qtz veins. Lithology continues. Chlorite altn increases, rock becoming more mafic. Carbonate veins are appearin again, 1/m Lithology continues. Thin actinolite stringers are beginning to appear. Qtz veining appears to be following jointing angles. Original texture is being destroyed by chlorite altn. Lithology continues. Original texyture reappearing as chlorite altn decreases. Sulfides are along fracture surfaces and qtz veins. Lithology continues. Chlorite altn increasing. Actinolite veins contain cpidoted and tr sulfides. Lithology continues. Increase in qtz veining with cpy and moly. Chlorite altn comes in and out. Incr in epidote. Actinolite with carbonte salvages and cpy and epidote. L Standard CDN- CM-12 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v tr 0.5 tr 0.5 mafics v mafics v tr tr mafics v tr tr mafics v tr tr tr mafics v tr tr tr Lithology continues. Increase in actinolite, one setion is 10 cm thick with strong cpy and moly. Lithology continues. Increase in magnetite content, some grains up to 5mm. Chlorite alteration is dropping off. Most suflides are within fracture surfaces. Lithology continues. Potassic alteration dropping off. Bleaching of the rouck around joints. Actinolite blebs and veins increasing. Lithology continues. Veining increases slightly, but weak sulfides in most veins. Rock is becoming more bleached out, lighter in colour around joints. Lithology continues. Decrease in chlorite altn, original texture is becoming more visible. Actinolite veins are becoming more common are contain moly and cpy. Bleaching of the rock occurs 1-2cm around joint surfaces. Lithology continues. Chlorite altn coming in and out. Actinolite veins up to 3cm thick with cpy and moly. Potassic altn dropping off. 32

33 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L Blank CDN- BL-8 L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v tr tr tr mafics v tr tr tr mafics v mafics v 40 f tr 0.5 mafics f 50 f 0 v tr tr Lithology continues. Actinolite veins still present, but becoming less frequent downhole. Qtz veins with moly, py and cpy with tr epidote. Lithology continues. 1mm qtz vein with magnetite. Actinolite veins occuring with cpy. Qtz/carb infill in fractures. Lithology continues. 15cm thick qtz vein at 30degrees with very stron moly. Other qtz veins with strong moly. Potassic altn slightly increases. Litholgy continues. Moly content still strong along fractures and qtz eins. Chlorite altn slightly increases. Actinolite veins being cut by sulfide veins. Footage screw up. From 35.1 to 127.1m, all samples should have 9 feet subtracted from them. From here on, the footage is going to be taken as correct. Lithology continues. Decrease in mixed suphides/ qtz veins and sulphide vein. Carbonate veins abundant. Some chlor. actinolite veins. Strong magnetite in veins. L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v 45 f tr tr Lithology continues. Moly and qtz veins at 45 deg. litology continues. Slight increase in K-spar alt. at end of sample. 2 cm thick qtz vein with moly salvages at 25 deg, Py mainly dissmeninated and mafics v 25 v tr 0.5 tr 0.5 in rare vnlts. mafics f mafics v 30 v tr 0.5 mafics v tr tr mafics c 35 v tr mafics v 15 v tr 0.5 tr 0.25 Lithologt continues. At to ~ 30% py with blebs of cpy. Sulhpides have been leached, strong hematitie oxidation along fractures. Overall increase in K-spar alt. Lithology continues. Decrease in K-spar alt. Increase in epidote alt, minaly associated with qtz/ sulphide veins. 3 cm thick qtz/ moly vein at 25 deg. With some py salvages. Chlorite/actinolite veins crosscutting qtz veins. Moly as fracture coating. Lithology continues. Several repeated qtz veins at 40 deg. Dissmeinated py and some thin vnlts. Some moly salavages along qtz veins. Increase in chlrite alt. Lithology continues. At m there is a.28 m section of more highly altered Di which has possibly undergone shear defomration, also higher carbonate content. There is a possible conatcat at 35 deg between normal Di and more alt. section. Cpy in thin vnlts and as blebs. K-sar alt. increases. Lithology continues. Moly salages in qtz veins. Several thin chlorite/actinolite veins. Qtz veins offset by chlorite veins. One calcite vein. L Standard CDN- CM-12 L S QC Di Silicified Diorite L S QC Di Silicified Diorite mafics v 25 v tr 1 tr 0.5 mafics F 40 v tr 0.5 Lithology continues. Gradual coarsening of grain size. Leached qtz/moly veins at 25 deg with calcite crystals. Qtz veins wit py salvages. Lithology continues. Increase in chlorite alt. Increase in magnetite. Fault at m associated with 32 cm of M suported bx. displaying deformation. Clsts mainly qtz, rock flour matrix. Assocaited with hgiher carbonate conent and dissmeinated py compared to rest of sample. 33

34 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L Blank CDN- BL-8 L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S QC Di Silicified Diorite L S AR Di Silicified Diorite CDN- CM- L Standard 11A mafics v 30 v tr 0.5 tr 0.25 mafics v tr tr mafics v tr tr mafics f tr mafics v 35 v tr mafics v 45 v tr 0.5 tr tr mafics v 85 v tr tr mafics v 30 v tr tr mafics v 30 v mafics v 45 v tr tr mafics v mafics v mafics v 45 v mafics v 30 v tr tr mafics C 65 v tr tr mafics v tr tr Lithology continues. Increase in K-spar alt. Decrease in magentite and dissmeinated py. Lithology continues. Decrease in K-spar alt. and increase in chlorite alt. Qtz veins decrease. Still highly silicified. Decrease in grain size. Finely disseminate dpy and few small vnlts. Lithology continues. Several qtz/carb/ sulphide veins at steep anlges to core axis. Few magnetite veins. Lithology continues. Blebs of cpy. Moly as fracture coatins. Leached qtz/carb/sulphide vines associated with epidote. Magnetite content decreases. Lithology continues. Still leached carb/qtz/sulphide veins. Increase in chlortie alt. moly vnlts at 35 deg. Few magnetite veins. Lithology continues. 60 cm section of higher alt, higher K-spar, epidote and carbonate content. Chlrotie acitnolite veins. Dissmeinated py, moly vnlts. Lithology continues. Finer grained, darker Di. More chlorite alt, higher magnetite content. At m a 1 cm thick coarse grained qtz/calcite/ k- feld/actinolte vein at 85 deg. Some finely disseminated cpy. Lithology continues. Highly silicified and chloritized. Leached suplhide/qtz/carb evins. Finely dissmeinated py and py vnlts. Lithology continues. Mixed moly/cpy vein at 30 deg. K-spar and epidote alt. associated with qtz veins. Magnetite veins. Cpy on fracture surfaces. Lithologu continues. 2 cm thick magnetite vein at 85. epidote and k-spar alt along qtz veins. Moly and py salvages along qtz veins. <1mmSeveral thin chlorite/actinolite veins. Lithology continues. Moly salvages on qtz veins. Cpy slavages on qtz veins. Sericite alt. of acitnolite. Many chlorite veins. K-par alt associated wit qtz veins. Lithology continues. Finely dissminated py and cpy throughout. Moly vnlts. Increase in qtz/carb veins Lithology cotninues. Cpy associated with magentite veins. Lithology continues. Qtz veins with moly salvages. K-spar and epidote alt asssociated with qtz veins. Mixed xhlorite/cpy and py veins. Moly fracture coating Lithology continues. At section of more AR alteration, softer lighter rock, higher sericite content. Mafics almost entriely altered, plag phenocryst alt. to plag. Lithology continues. Entire sample highly alt. by clay, sericite and Si. Hemattie staining. Variation from AR alt. Di and mtx supp. Breccia. Sample apperas to have undergone deformation. 15 cm qtz vein at m (dark qtz, mixed with dissmeinated py and moly) at 55 deg. 34

35 L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S KF Di Silicified Di mafics. v 25 f 10 f tr 0.5 tr 0.25 mafics. v 50 v tr mafics. v 20 v tr 0.5 tr tr mafics. v 50 v mafics. v tr 0.5 Lithology continues. First 50 cm of sample has similar alt to above, dark qtz veins (dissmeniated py and moly). After 50 cm, chlorite alt and K-spar alt picks up. Some original qtz in Di. Core broken, hematite staining of fracture surfaces. Lithology continues. Leached sulphide/qtz /carb veins with epidote associated. Cpy blebs along chlorite veins. Lithology continues. Dissmeinated py. K-sap and chlorit alt. associated with qtz veins. Qtz veins offest by chlrotie veins Lithology continues. Magnetite content slighty increases. Moly in vnlts and as salvage son qtz veins. Lithology continues. Original fabric of Di has dissapeared due to intense K-spar alt. mafics have been nearly completely altered. L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di mafics. f 25 v tr 0.5 tr 0.5 Lithology continues. Back into QC alt. mafics. v 65 v tr 0.5 tr tr mafics. f 15 v 90 v tr 0.5 tr tr mafics. F 60 v tr 1 tr tr Lithology continues. 10 cm section of AR alt, fdsp pheno alt. to clay. Magnetite filling fracutres. Py on fractures. Moly vnlts. Lithology continues. Mixed qtz/carb/sulphides veins display sulphide leaching. Py along fractures. K-spar and epdidote associated with qtz veins. Hematite staining of fractures. Lithology continues. 5cm shear zone at 193.2m. Most of the feldspars are altering to chlorite, resulting in dark rock. Blebby and disseminated py throughout. Diorite texture comes through in small sections. Tr potassic altn on joint surfaces. L Blank CDN- BL-8 L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di mafics. v tr 1 tr mafics. v tr 1 tr mafics. v tr 1 tr tr mafics. v tr 1 tr tr mafics. v tr 1 tr tr mafics tr 0.5 tr mafics tr 0.5 tr tr mafics. v tr 0.5 tr 0.25 mafics tr tr tr tr Lithology continues. 80cm section on increased argillc altn with quartz/carb veins, tr kaolinite and weak mineraliztion. Either side of argillc zone is sharp contact with chlorite altn and increased py and cpy. Lithology continues. Slight decrease in altn, feldspars are coming back. Tr potassic altn on joint surfaces. Mod disseminated py throughout, try cpy. Thin actinolite striners at 50 degrees. Lithology continues. Increasing propylitic altn, epidote and carbonate content is increasing and becoming pervasive. Silicia altn still very strong. Moly content increases. Lithology continues. Similar altn to above. Tr potassic altn on joint faces with associated epidote. Lithology continues. Carbonate content drops slightly, trace clay altn. Incr sulfides. Potassic altn in picking up. Lithology continues. Epidote alteration becomes pervasive, altering all the mafics out. Rock is white and light green and heavily jointed. Potassic altn starts strong uphole but dies off within 50cm. Sulfides on joint surfaces. Lithology continues. Epidote altn decreasing, original texture with mafic returning. Potassic altn on joint surfaces. Moly content increasing Lithology continues. Altn decreasing, original diorite texture returning. Potassic and epidoted altn restricted to joints and thin veinlits. Lithology continues. Very little potassic altn, just on joint surfaces. Chlroite/epidote altn comes in and out, altering out the mafics. Tr sulfides. 35

36 L Standard CDN- CGS- 23 L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L Blank CDN- BL-8 L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S AR Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di mafics. v tr 0.5 tr 0.25 mafics. v tr 0.5 tr 0.25 mafics. v tr 1.0 tr tr mafics. v tr tr mafics. v tr mafics. v tr tr mafics. v tr tr tr mafics tr tr tr mafics. v tr tr mafics tr tr tr mafics tr tr tr mafics. v tr tr tr tr mafics. v tr tr mafics. v tr tr mafics. f tr 1.0 tr tr mafics. v tr 1.0 tr tr mafics. v tr 1.0 tr Lithology continues. Potassic altn increasing on joint surfaces and along qtz veins. Epidote and chlorite altn decreasing. Moly viens present. Lithology continues. Mafic content is increasing, mosly some biotite. Potassic salvages on qtz veins. Possible zenolits, up to 5cm of fine grained dark material (greenstone?) Lithology continues. Potassic altn increasing. 20 cm with strong qtz vein with moderate moly. Tr carbonate within fracture and as 1mm veinlits. Lithology continues. Potassic altn becoming pervasive in parts associted with increased jointing and veining. Where potassic altn drops, epidote and chlorite altn picks up. Most original texture has been destroyed. Lithology continues. Original texture returning, just zones of potassic and chlorite altn. Potassic altn appears to overprint chlorite altn. 2cm qtz carb vein at 40 degrees. Disseminated py increasing. Lithology continues. Similar altn to above. Actinolite veins appearing. Lithology continues. Chlorite and epidoted altn coming in and out. Potassic altn on joint surfaces. One 5cm vein of actinolite? Has strong massive magnetite within. Tr carbonate within fractures. Lithology continues. Similar altn to above. Patches where the original diorite texture is coming through. Lithology continues. Slight increase in potassic altn. 15cm zone that is carbonate and potassic rich, looks milled up. Propylitic altn increasing downhole with increasing sulfides. Lithology continues. Propylitic altn increasing slightly, most of the original texture destroyed. Sulfides on joint surfaces and weakly disseminated. Lithology continues. Propylitic altn increasing slightly, most of the original texture destroyed. Sulfides on joint surfaces and weakly disseminated. Lithology continues. Original texture more visible, moderate chlorite altn. Tr 1mm carbonate veins. Potassic altn on joint surfaces. Heavily clay altered section. Quartz/carb veins almost stockwork. Weak mineralization. Possible fault zone. Broken core, poor recovery. Lithology contines to altered diorite. Similar to abover the argillic section. Moderate chlorite/epidote altn. Py in fractures and as blebs. Lithology continues. Alteration remains the same, slight increase in potassic. Increase in pyrite with epidote. Lithology continues. Qtz/carb veins appearing with some clay altn. Zones of increased epidote altn with abundent py. Lithoogy continues. Propylitic altn decreasing. Potassic altn on joint surfaces. Qtz/carb vein with a bleached halo around it. 36

37 L S QC Di Silicified Di L Standard CDN- CM-12 L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S QC Di Silicified Di L S AR FD Felsic Dyke L S QC Di Silicified Di L S QC Di Silicified Di L Blank CDN- BL-8 L S QC Di Silicified Di/ FP L S QC Di Silicified Di/ FP mafics tr 1.0 tr tr mafics. v tr 1.0 tr tr mafics tr tr tr tr mafics tr tr tr tr mafics tr tr tr tr mafics. v tr tr mafics. v tr tr clay, chlorite, siderite? C 50 C tr tr mafics. v 50 f tr tr mafics. v 70 f tr tr tr tr mafics. v 60 f tr tr tr tr mafics. v 30 f tr tr tr tr Lithology continues. Similar altn to above. Rock appears to be becoming less altered downhole Lithology continues. At 247.8m, there is a quartz/carb bein with moderate moly with a bleached halo around it. Downhole, potassic altn on joint surfaces. Pyrie with epidote altn. Lithology continues. Potassic and chlorite/epidote altn dropping off, becoming more pure diorite. Some thin moly veinlits, py along fractures. Lithology continues. Similar to above, no visible qtz veining, weak altn. Silica altn still pervasive. Lithology continues. Simiar to above, slight increase in potassic and chlorite altn. Thin veinlits of actinolite? Lithology continues. Trending towards increased propylitic altn downhole. Weak mineralization, tr clay on fractures. Lithology continues. 30cm zone of intense propylitic altn with abundnt carbonate turning the rock very soft, dark green and reactive to hcl. Felsic dyke, possibly 2 or one with a xenolith in the middle. Sharp contacts on either side at 50degrees. Feldspars are heavily altered to clay, trace reddish mineral, siderite? Qtz/carb veins cutting through with some moly associated. Lithology continues. Trending towards EC alt. near the end of sample. Original texture of Di has been destoyed. Lithology continues. Variation from QC and EC alt. Incease in epidote and calcite alt, decrease in chlorite alt. Disseminatec py and moly. Lithology continues. Transition from EC alt. Di to FP texture at m., still highly silicified. Fdsp pheno have been alt. to clay. Epidote alt. decrease in FP. Incease in qtz veining and associated K-spar alt. Lithology continues. FP texture continues until m where highly alt. Di with destroyed texture picks up.. Trending towards EC alt. Dissmeinsated cpy along fracture. Moly salvages on qtz veins. L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics. f 15 v tr tr tr tr Lithology continues. EC alt. throughout sample. Lithology continues. Magnetite has disapeared. Abundant py along fracture surface. Finely mafics. v 30 f tr tr tr dissmeinated moly and cpy. mafics. v 60 v tr tr tr tr mafics. v 30 f tr tr tr tr mafics. v 25 v tr tr tr tr mafics. v 55 v tr tr tr tr Lithology continues. Thin py vnlts. 30 cm section displayong possible shear defomration (brecciated, hihgly alt, more AR alt., abundant carbonate ). Lithology continues. 3 cm thick qtz vein with cpy and py salvages at 30 deg. Blebs of moly asscoited with a magnetite fracture filling. Lithology continues. Slight increase in epidote alt. and slight decrease in chlorite alt. qtz veins with moly salvages. Lithology continues. Increase in chlorite alt. better preservation of original texture. K-sapr alt. along joint surfaces. 37

38 L S EC Di Silicified Di CDN- CM- L Standard 11A L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics. v 70 v tr tr tr tr mafics. C 45 v tr 0.25 mafics. v 20 v tr tr mafics. v 35 v tr tr Lithology continues. Decrease in epidote alt. 40 cm section of moe AR alt, defomartion, matrix supported breccia. Qtz veins with moly slavages. L:ithology contniues. Original Di texture preserved. Quartz vening associated with K-spar alt. Conatc at 45 deg with 120 cm monzonite dyke, mainly alkali fdsp. Strong moly salvages alone fracture surfaces in this dyke, no magnetite in dyke. Lithology continues. First 90 cm of sample is in monzonite dyke. Rest of sample is classic Di with preserved texture and thin qtz veins with k-spar salvages. Lithology continues. Several steeply dipping dark qtz veins with dissmeninated moly and py. 50 cm sectoin of softer lighter, Di, more AR alt. and carbonate content (felsic dyke). Hematite staining along fractures. L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics. f 15 v tr tr mafics. f 10 v tr tr tr mafics. f 10 v tr mafics. f 20 v tr tr mafics. v 70 f tr 0.5 tr 0.25 L S AR FD Felsic Dyke qtz, mafics v 65 v tr tr tr Lithology continues. Epidote alt. increasing. Tr sulphides. Moly as fracture coating. Lithology continues. Molycoating on fracture at 10 deg. Strong epidote alt. blebs of cpy. Moly salavges along veins. Incease in carbonate content. Lithology continues. Moly and py fracture coatings on fracture at 10 deg. Thin cpy stringers. Moly slaves on qtz veins. 70 cem section of less silicified, softer, lighter Di ( more epidote and carbonate alt.) included in this section is several steeply dipping dark qtz veins mixed with dissmeinated pyrite and tr moly. Lithology continues. Increase in epidote alt. Cpy along fracture surface. Moly slavages on qtz veins. Lithology continues. Moly as fracture coatings. Py in small vnlts and dissmeniated. Small section of original Di texture coming though the severaly altered Di. Qtz veins veins highly alt. to k-spar and epidote. Felsic dyke. Fdsp have been alt to clay. Red mineral in thin veins. Dark qtz veins.contact at 70 deg, sharp conacts both up and down hole.. Abundant qtz/carb veins. L Blank CDN- BL-8 L S AR/EC FD/Di Felsic Dyke/ Silicified Di qtz, mafics v 75 v tr 1 tr 0.25 First 75 cm is the continuation of the felsic dyke from above, but with thicker more abundant qtz veining, higher degree of mineralization, dark qtz veins with dissmeniated py, cpy and moly.. The rest of sample is the silicifed Di lithoology. L S EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di mafics. v 30 v tr 1 tr tr mafics. f 25 v tr tr mafics. v 15 v tr tr tr mafics. v tr tr tr Silicified Di lithology continues. K-spar alt. along joints. Py and moly salavges along qtz veins. Lithology continues. Decrease in K-spar alt. Increase in magnetite content. Lithology continues. Di texture is mostly preserved. Lithology continues. Hematitie staining of fracture surfaces. Slight decrease in epidote alt. 38

39 L EC Di Silicified Di mafics. v 20 v tr tr tr Lithology continues. Sections of destroyed Di texture Py in vnlts and finely disseminated thoughout. L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di CDN- CGS- L Standard 23 L EC Di Silicfiied Di L EC Di Silicfiied Di mafics. v 10 v tr tr tr tr Lithology continues. mafics. v 70 f tr tr tr mafics. v 70 v tr tr tr fdsp. mafics C 45 v tr tr tr tr fdsp. mafics v 30 v tr tr tr Lithology continues. Tr sulphides. Magnetite confined to fractures. Patches of original Di texture coming through alt. Lithology continues. Qtz veins highly alt to epiodite with k-spar salvages. Suplhides appears to be decreasing downhole. Lithology continues. Felsic dyke, 30 cm thick, at 45 deg, sharp contact, mainly fdsp & qtz. FD texture overprint. Slight overall decrease in k-spar alt. Lithology continues. Magnetite filling fractures. Calcite vein. Tr sulphides. Very little k-spar alt, some along some qtz veins. L EC Di Silicfiied Di fdsp. mafics v tr tr tr Lithology continues. Some hematite staining. Di/ Feldspar Sharp conatct betwwen alt Di to FP, at 25 deg. Feldspar Porphry has 1 mm to I cm plag porphoryblasts, vivisble hornblende. Increase in K-spar alt., py vnlts., dark qtz veins. Calcite veins have been leached. Increase in py content L EC FP Porphry mafics C 25 v tr 1 tr tr in FP. L EC Di Silicfiied Di L EC Di/FP Silicified Di/ Feldspar Porphry L EC Di Silicfiied Di L EC Di Silicfiied Di L EC Di Silicfiied Di L Blank CDN- BL-8 L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di fdsp. mafics v 60 v tr tr tr tr fdsp. mafics C 50 C tr tr tr tr fdsp. mafics C 30 v tr tr tr tr fdsp. mafics C 40 C 70 v tr tr tr 0.25 fdsp. mafics f 10 C tr tr tr tr fdsp. mafics C 70 v tr tr tr tr fdsp. mafics C 35 v tr tr tr tr fdsp. mafics v 65 v tr tr tr tr fdsp. mafics v 85 v tr tr tr tr Silicified Di lithology continues. Qtz carb veins. Small belbs of cpy. Lithology continues. 20 cm section of FP with contact at 50 deg. Veins exploting zones of weakness at each contact, up and down hole. 5 cm felsic dyke with contact at 30 deg. Appears to be a fingering of thin felsic dykes through the Di, some with FP overprint. qtz/carb veins with moly salvages. Lithology continues. Another felsic dyke,45 cm thick, 30 deg contact. Mainly K-spar. Mineralization stringer in dyke than country rock. Pyrite and cpy on fracture surfaces. Lithology continues. Di is host to 4 felsic dykes from 2cm -20 cm. contacts from form deg. Dissmeinated moly in felsic dykesa. Lithology continues. 2 flesic dykes intruded into country rock. One 10 cm thick, one 40 cm thick. Conatc 55 deg. Moly as fracture coatings. Ar alt. on fracture surface. Litology continues. 2 feslic dykes intruded into Di. Conatct both at 70 deg. Increase mineralization in dykes as moly and py vnlts. Magneitie veins in flesic dyke. lithology continues. One thin ( 2 cm) felsic dyke conact at 35 deg. Lithology contiunues. No felsic dykes. Some moly and py vnlts., some hematite staining. Original DI texture destroyed by EC alt. Lithology continues. One thin (3 cm) felsic dyke at 85 deg., qtz carb veins steeply dipping, blebs of pyrite 39

40 L EC Di Silicified Di L AR Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L Standard CDN- CM-12 L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L EC Di Silicified Di L Blank CDN- BL-8 L EC Di Silicified Di L EC Di Silicified Di fdsp. mafics v 35 v tr 1 tr tr fdsp. mafics v 75 v tr tr fdsp. mafics v 60 v tr 1 tr tr fdsp. mafics v 15 v tr tr tr tr fdsp. mafics f 15 v tr tr tr tr fdsp. mafics v 60 v tr 1 tr tr fdsp. mafics v tr tr tr tr fdsp. mafics v 0 C 65 C tr 1 tr tr fdsp. mafics v 0 v tr tr tr tr fdsp. mafics f 40 v tr tr tr tr fdsp. mafics F 45 v tr tr tr tr fdsp. mafics v tr tr tr tr fdsp. mafics f 44 v tr tr tr tr fdsp. mafics v 70 v tr 1 tr tr fdsp. mafics v tr 1 tr tr fdsp. mafics v tr tr tr tr Lithology continues. Py picks up in stingers. Di texture comletey detroyed by EC alt. K-spar alt. increases. Lithology continues. Shear zone: sections of matrix xuported bx, lots of qtz vening,, more AR alt, more serictie alt., possibly affected by faulting. Increase in carbonate content. Lithology continues. Dark, fine grained diorite. Leached calcite veins. Abundant py vnlts. Lithology continues. Decrease in py vnlts. Decrease k-spar alt. Lithology continues. Py and cpy as fracture coatings. Leached calcite vein. One moly vnlt. Lithology continues. Py salvages on qtz vein running parallel to core axis. Moly salavages on steeply dipping qtz vein. Lithology continues. Qtz vein running parallel with py salvages conitnues through this sample, and some cpy sakvages. Lithology continues. Py/cpy/qtz vein stil running at 0 deg. 26 cm felsic dyke. Dyke has sharp conatc in the middle where it changes from mainly K feldspar with porphorblstic texture to maina white qtz/plag dyke. Have seen this earlier in core. Possibly hole cutting through two dykes. contact between 2 lithologies in dyke is 50 deg. contact of dyke with Di is 65 deg. Lithology continues. Original Di texture coming though. Vein at 0 deg continues., moly vnlt at 40 deg. Lithology continues. Moly as fracture coating. Moly salvges on qtz/carb vein. Lithology continues. Fault at 45 deg. Associated with 14 cm of gouge, and 30 cm of AR alt, feldspars alt. to clay and sericite. Mafic dyke/ xenolith of country rock? (fine grained, mafic, dark black) 13 cm thick. Lithology continues. Another 20 cm mafic dyke/ country rock xenoltih, immediately followed by a pegmatite dyke with.5-2 cm feldpars grains, with 10 % py., high carbonate cont., leached, epiod. And chlorite alt. 36 cm wide with a contact with xenolith at 55 deg. Lithology continues. Original Di texrure mostly pressevd, some areas of very strong EC alt., moly and py on fracture surfaces. Lithology continues. Very strong cpy vnlt at 70 deg. Py and moly salvages on qtz vein at 0 deg. Lithology continues. Increase in qtz carb veins. 3 cm thich qtz vein at 30 deg with py salvages. Moly and py vnlts.some cpy blebs. Slight increase in epidote alt. Lithology conitnues. Di is darker and fine grained, original textrure destoyed. Increase in chlorite alt. Hematite staining. 3 cm thick qtz carb veins with dissmeinated moly and py. 40

41 L EC Di Silicified Di fdsp. mafics v 30 v tr tr tr tr L AR FD Felsic Dyke qtz, mafics v tr tr Lithology conitues, increase in carbonate content and qtz/carb veins all dipping 60 deg. Decrease in suplhides. Felsic dyke. Abundant qtz veining. Some matrix supported brecciation. soft. Light coloured. Fdsp pheno have alt to clay and sericite. Monzonite composition? Calcite leaching. L EC Di Silicified Di fdsp. mafics v tr tr tr tr Silicified Di lithology continues. Highly alt. Slight increase in K-spar alt. tr sulphides. EOH 41

42 BC PROJECT: BING Start Date: 29-Jun-11 Collar: UTM (NAD83) Paget Minerals Corp. ID Hole: PB End Date: 6-Jul-11 UTM_E: Geologist: Core Inclination: -60 Size: HQ 0- NQ UTM_N: Azimuth: 90 UTM_Zone: 8 Date Log completed: Pg of Length: 394.7m Drill Contractor: Black Hawk Elev: 1428 m Geology - Lithology Structure Veins/1m Alteration Mineralization Sample Number From To Length Lithology Type (F, f, B, v, C)-Angle Breccia Graph Log Redox O/M/S Fault, fract, bed, vnlt, contact Rock Rock composition type/texture (m) (m) (m) 1 < 2 < 3 < Alter. Code Rock Code Sulfide Qtz-Sulf/Ox Quartz Mnt±qtz Other biotite K-fspar Sericite Silica Clays Chlorite Epidote Calcite Other Oxide / Limonite Sulfides Description HGJ Ratio 0-5 J_H_G Magnetite % Other: Cu, Mn, etc. Pyrite Cpy Bornite Moly Ore py, cpy, bor, cv, sph, gal; Structure Bx, F, f, V, v, B; Other stk, dsm, prvs, mtx, slvg OB Overburden comprised of mainly diorite and rubble core. Dark grey, medium grained silicified diorite. moderate amounts of oxidation along fractures. Cross cutting quartz veins with moderate pyrite and tr chalco. Tr epidote along L M QS Di Silicified Diorite flds/mafics v 30 f tr veins. Tr magnitite. Lithology continues. Thick quartz vein running sub parallel to core axis with moderate py and tr chalco. Weak veins of L M QS Di Silicified Diorite flds/mafics v 0 f tr magnetite. Similar oxidation. Tr moly on edge of qtz vn. Lithology continues. Sulphide filled fractures continue to run parallel to core axis. Tr cpy and moly in fractures. Incease in L M QS Di Silicified Diorite flds/mafics v 0 f tr tr potassic alteration. Several repeated fractures at 60 deg L M QS Di Silicified Diorite flds/mafics f 0 v tr lithology continues. Radial actinolite in fracture. Py and cpy mainly vein contolled. Some oxidation in fractures. Ep. Assoiciated with veins. L M QS Di Silicified Diorite flds/mafics v Lithology continues. Potassic alteration descreases, associated mianly just along qtz veins. Increase in chlorite alteration and actinolite. Magnetite increases. L M QC Di Silicified Diorite flds/mafics v 0 f tr Lithology continues. Qtz sulphide vein runnung parallel to sub parallel to core axis. Fractures also running parallel to core. 3 cm thick qtz vein running parallel to core associated with K-spar alt. Some qtz/ carb veins L CDN-CM- 11A L S QC Di Silicified Diorite flds/mafics v tr tr L S QC Di Silicified Diorite flds/mafics f tr L S QC Di Silicified Diorite flds/mafics v 0 v Lithology continues. Qtz/carb veins. Strong actinolite and chlortie alteration. Epidote along veins. Some oxidation along fractures. 3 cm thick qtz vein parallel to core axis associated with py and ep. Lithology continues. Qtz/carb veins. Py occurs in fractures and qtz sulphide veins and as disseminated blebs. Lithology continues. Calcite vein at 10 deg. Strong cpy occurrence on one fracture. Actinolte and chlorite still strong. 42

43 L S QC Di Silicified Diorite flds/mafics v tr L S QC Di Silicified Diorite flds/mafics v 0 v tr L S QC Di Silicified Diorite flds/mafics v tr L S QC Di Silicified Diorite flds/mafics v tr Lithology continues. Calcite veins continue to run through core at 10 deg. Some oxidation in fractures. Stong actinolite and chlorite alt. Lithology continues. Tr moly and cpy in 1 cm thick qtz vein running sub parallel to core axis. Calcite vein at 20 deg with py along edges. Finely disseminated cpy. Some potassic alt. associated with qtz veins. Lithology continues. Potassic alt. picks up with qtz veins. Cpy along edges of 3 cm thick qtz vein at 30 deg. Lithology continues. Qtz veins with salvages of potassic alt. At 38.4m ther is a 5 cm long cpy bleb mixed with py. That is also associated with strong magnetite. L S QC Di Silicified Diorite flds/mafics v tr Lithology continues. Magnetite in veins. Very fine py. L S QC Di Silicified Diorite flds/mafics v tr Lithology continues. Cpy and py in 1mm vnlts. Ep along veins. At 42.0 m there is less silicic alt. and more sericite, actinolite and chlorite alt. The rock is finer grained and more mafic. Calcite veins with salvages of chlorite, actinolite and magnetite. L Blank L S QC Di Silicified Diorite flds/mafics f tr L S QC Di Silicified Diorite flds/mafics v 20 v tr tr L S QC Di Silicified Diorite flds/mafics v tr tr L S QC Di Silicified Diorite flds/mafics v tr L S QC Di Silicified Diorite flds/mafics v tr tr L S QC Di Silicified Diorite flds/mafics v tr L S QC Di Silicified Diorite flds/mafics v 40 v tr L S QC Di Silicified Diorite fdsp/mafics v tr Lithology continues. Cpy and py in 1mm vnlts. Ep along veins. Rock is still finer grained with less visible plag phenocrysts. Calcite veins. Lithology continues. Moly and chlortie in vein at 15 deg. Cpy vnlts. Most sulphide veins have shallow angle. Qtz/ carb veins. Lithology continues. Moly and cpy salvages in 3cm qtz vein at 25 deg. Plag phenocrysts reappear, coarser grains and silicification increases. Lithology continues. Two Qtz/ carb/ cpy vein at 25 deg. Magnetite filling fractures. Lithology continues. Py mainly associated with qtz/ carb veins. Potassic alt. salvages along qtz veins Lithology continues. Strong py for 6cm at 55.2 m. Magnetite in veins. Lithology continues. Chlorite and actinolite decreases as silicifaictoin increases. Increase is flds phenocrysts. Chlorite filling fractures. Lithology continues. Potassic alt along qtz veins. Finer grained with fewer fdsp phenos. Py occurs mainly as disseminated blebs and in small veinlets. L S QC Di Silicified Diorite fdsp/mafics v tr tr Lithology continues. Qtz/carb vein with moly and tr chalco. L Standard CDN- CM-12 L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr Lithology continues. Switched from HQ to NQ and lost recovery resulting in rounded gravel sized pieces. Abundant actinolite. Lithollogy continues. Qtz veins with pyrite disseminated throughout with k-spar selvages. Fdsp phenos increase. Mm magnetite veins. Chalco occurs as large blebs throughout. Lithology continues. Vein of chlorite/actinolite with small blocks of wall rock of diorite within being crosscut by small pyrite veinlet. Qtz veins with k-spar alt as selvages. Lithology continues. Moly disseminated throughout with small veinlets. Qtz veins with k-spar selvages. L S QC Di Silicified Diorite fdsp/mafics v 45 f tr tr Lithology continues. Slight increase in pyrite veins. 43

44 L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics tr tr L Blank CDN- BL-8 L S QC Di Silicified Diorite fdsp/mafics v 0 F tr tr L S QC Di Silicified Diorite fdsp/mafics F tr tr L S QC Di Silicified Diorite fdsp/mafics tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics f tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics f 80 v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr CDN- CGS- L Standard 23 L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics c tr tr L S QC Di Silicified Diorite fdsp/mafics v 40 f tr tr L S QC Di Silicified Diorite fdsp/mafics v 40 f tr tr Lithology continues. K-spar alt along qtz veins with minor replacement zones in host rock. Moly disseminated in qtz veins as small blebs and also as small veinlets. Lithology continues. 2mm vein of chalco. Moly disseminated throughout. Lithology continues. K-spar alt along qtz vein with minor replacement zones. Lithology continues. Small veinlets of chalco and moly. Late stage carb veins cross cutting other features and structures in core. Litholgy continues. Small veinlets of chalco. Fine grained with few fdsp phenos. End of sample is at contact with fault gouge at 60 degrees to core axis. Lithology continues. Fault gouge approx. 40cm. Chlorite/actinolite veins. 2mm chalco veinlets. Litholgy continues. Sericite along fractures. 1-2mm veinlets of chalco. Litholgoy continues. Qtz veins sub-parallel to core axis with disseminated moly and k-spar selvages with minor zones of replacement. 1mm carb veins cross cutting qtz veins. Lithology continues. Increase in size of qtz veins and k-spar alt. Decrease in magnetite and pyrite. Small veinlets of moly. Clay along fractures. Lithology continues. Continuation of larger qtz veins and k- spar alt with a decrease in magnetite and pyrite. Lithology continues. Gradual decrease in qtz veins and increase in magnetite and pyrite. Slight decrease in overall silicification with increase in sericite(?).. Late stage carb veins. Switch logging to Chris Weldon. Lithology continues. 10 qtz/carb veins per meter, typically less than 1mm wide. Qtz veins are kspar altered. Chalco associated with epidoted on qtz vein salgaves. Lithology continues. Brecciated quartz vein with strong chlorite alteration within matrix. Qtz/carb veins less abundent but still occuring. Lithology continues. Magnitie associated with chlorite alteration. Slight increase in potassic alteration resulting in lighter rock. Appears to be a 10cm thick silicified shear zone/breccia with increased py, cpy and epidote. Lithology contiues. Increase in potassic alteration. Blebs with tr moly and moly along qtz vein fractures. Mnt with chlorite altenation. Quartz carb brecciated vein for 1cm with abundent potassic alteration on outside. Lithology continues. One good vein with abundent cpy and py. Moderate moly with one qtz vn.some blebs of strong kspar altn. Lithology continues. Decrease in sulphides and magnetite with slight increase in kspar altn. Cross cutting qtz vn over kspar altd qtz/carb vein. Tr clay along fractures. Lithology continues. 2cm breccia with qtz/carb veins. Decrease in mnt. Tr clay along fracture surface. Lithology continues. 8cm felsic dyke at 109.7m with strong kspar altn and a moly bearing qtz vn cutting through it. Strong carbonate along fracture running parallel to core axis 44

45 L S QC Di Silicified Diorite fdsp/mafics v tr tr L S QC Di Silicified Diorite fdsp/mafics F tr tr L S QC Di Silicified Diorite fdsp/mafics v tr tr tr CDN- CM- L Standard 11A L QC Di Silicified Diorite fdsp/mafics v 70 v tr tr L QC Di Silicified Diorite fdsp/mafics v tr L KF FD Felsic Dyke fdsp/qtz C L QC Di Silicified Diorite fdsp/mafics C tr tr L QC Di Silicified Diorite fdsp/mafics v 50 v tr tr L QC Di Silicified Diorite fdsp/mafics v 50 v tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QC Di Silicified Diorite fdsp/mafics v 70 f tr tr L Standard CDN- CM-12 L QC Di Silicified Diorite fdsp/mafics f 15 v tr tr L QC Di Silicified Diorite fdsp/mafics f tr L QC Di Silicified Diorite fdsp/mafics v tr L AR Di Silicified Diorite fdsp/mafics v L AR DI Silicified Diorite fdsp/mafics v tr L QC DI Silicified Diorite fdsp/mafics v tr tr Lithology continues. 3cm felsic tyke with strong kspar altn. Increase in qtz/carb veins, some brecciated. Increase in argillic altn. Lithology continues. Shear zone and associated fault breccia with strong carbonate in matrix at 113.5m. Moderate cpy along fracture surface and within qtz veins. Decrease in potassic altn. Lithology continues. 1cm cpy blebs within qtz vein. Increase in magnetite. Weak argillic altn associated with fractures. Lithology continues. Incrase in kspar altn associated with small felsic dykes and qtz veins. Tr py on fracture surfaces. Lithology continues. Rock is becoming patchy with lighter coloured diorite as approching felsic dyke. Tr argillic altn on fractures. Tr magnetite in darker diorite. No visible cpy or moly felsic dyke with strong potassic alteraion. Fine disseminated pyrite throughout and 1mm qtz veins with fine py. Back to the Diorite. Cpy and tr py along fracture surfaces. Fracture network with increased chlorite alteration lithology continues. Qtz/carb dyke at 50 degrees with strong hematite staining on uphole side. Potassic altn increases around qtz veins lithology continues. One qtz vein at 50 degrees has very strong moly within it. Tr moly and cpy within kspar altd zone lithology continues. Increase in py at end of section, most of it is dissiminated and not on veins. lithology ocntinues. Slight increase in potassic alteration. Qyrite witin qtz eins cross cutting potassic altn. lithology continues. Increase in fracture/vein associated alteration. Most veins/fractures have stron potassic alteration. Switch logging to Kayla. Lithology continues. 1 mm thick qtz/moly vein at 10 deg. Clay, sericite and calcite in fracture on 15 deg. Potassic alt. associated with qtz veins. Actinolite present. Lithology continues. Repeated fracture set at 45 deg, clay and sericite alt. on fracture surfaces. Incease in chlorite alt., finer grained, darker rock. Decrease in potassic alt. Increase in magenetite with deacrease in potassic alt. Lithology continues. Alt. remains the same. Rock is still finer grained and darker than original diorite. Cpy mineralization decreasing. At m section of increased sericite and clay alt, lighter softer rock (no magnetite). Lithology continues. Softer, lighter coloured Di with increases clay and sericite alt. continues. Silicification decreases. Calcite alt stronger. At 138.7m 45 cm of broken core. Lithology continues. AR alt. continues until m. 11 cm of M bx at with qtz clts in clay matrix. After m silicification and chlortie alt. increases. Moly along edges of 85 deg qtz vein. Lithology continues. AR alt. decreases, only present on fractures. Increases in K-spar alt and qtz veining. 45

46 L QC DI Silicified Diorite fdsp/mafics v 10 v tr tr L QC DI Silicified Diorite fdsp/mafics v 75 v tr tr L QC DI Silicified Diorite fdsp/mafics v tr tr L Blank CDN- BL-8 L QC Di Silicified Diorite fdsp/mafics v 55 v 70 v tr tr L QC Di Silicified Diorite fdsp/mafics v 10 v tr tr L QC Di Silicified Diorite fdsp/mafics v 65 v tr tr L QC Di Silicified Diorite fdsp/mafics v 65 f tr L QC Di Silicified Diorite fdsp/mafics C 45 C tr L QC Di Silicified Diorite fdsp/mafics v tr L QC Di Silicified Diorite fdsp/mafics C 25 v tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QC Di Silicified Diorite fdsp/mafics vnlt 20 f >1 1 tr tr CDN- CGS- L Standard 23 L AR Di Silicified Diorite fdsp/mafics v 60 v tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp v 15 v tr tr L QS Di Silicified Diorite fdsp f tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr Lithology continues. Alt same as above. Moly/ qtz veins at 10 deg. Repeated 65 deg qtz/ sulhpide veins. Lithology contines. Cpy vnlts. Qtz/moly vein at 75 deg. Some magentite filling fractures. Lithology continues. 3 cm thick qtz vein with visible moly alond edges at 30 deg. Cpy vein controlled. Lithology continues. Potassic alt. decreases. Mixed cpy, moly and qtz veins ranging from 55 to 70 deg. Five 0.5 mm thick cpy vnlts crosscutting strong magnetite vein ( 85 deg). lithology continues. Coarser grains, increase in feldspar phenocrysts. Slight increase in cpy mineralization, and dissemintaed py. Moly vein at 10 deg. 2 cm thick magnetite vein at 75 deg. Lithology continues. Qtz sulphide veins mainly at 65 deg. Steeply dipping cpy vnlts. K-spar alt. decreases as magnetite increases. Lithology continues. Cpy vnlts at 65 deg. Fracture at 20 deg with calcite, sericite and clay along fracture surface. Lithology continues. One FP dike at m, 11 cm thick, contact at 45 deg. Second FP dyke at m, 15 cm thick, contact at 55 deg. (FP- 1 mm to 4 mm feld. Phenocrysts, stonger cpy in FP, Highly silicfied and potassic alt.) Lithology continues. Moly and cpy mixed with qtz veins. Some disseminated py. AR along fractures. Lithology continues. Shear zone at 163 m with M supported breccia (25 deg contact). silicified. Qtz veing with moly and K-spar salvages. Actinolite present. Disseminated cpy. AR along fractures. Lithology continues. Many thin fractures filled with carbonate and qtz forming network. Moly along qtz veins. Lithology continues. Increased potassic alt. Moly vnlt at 20 deg. Strong moly along f at 25 deg. Shear zone at m with strong AR alt. Lithology continues. AR becomes more prominent. Clay and sericite alt. increase. Di is softer and lighter in colour. Silicification decreases. Carbonate increases. Many qtz/veins steeply dipping (60-90 deg) Lithology continues. First 85 cm of sample is more silicified, less AR. Rest of sample Alt mainly same as above, Softer, lighter Di. 2.5 cm thick qtz veins with visible moly mainly on edges at 25 deg. Dissmeinated cpy and py. Magnetite in QC diorite section. Switch logging to Eric. Lithology continues. Diorite experinced greater alteration (sericitic), becoming lighter in color. 25cm section of clast supported breccia. Decrease in silicification and increase in sericite alt. Lithology continues. Diorite still leucocratic. Argillic alt increasing with decreasing sericitic alt. qtz veins with k-spar selvages at high angles to core axis. Fine grained sulphide/qtz veins. Lithology continues. Still light colored becoming more siliceous towards end of sample. Sub-parallel veins of fg sulphides. Calcite veins at high anle to core axis. Lithology continues. Still light colored. Increase in silicification. Increase in fdsp phenos. K-spar alt along veins and replacement of host rock. 46

47 L QS Di Silicified Diorite fdsp/mafics f 45 v tr tr L QS Di Silicified Diorite fdsp/mafics v 70 v tr L QS Di Silicified Diorite fdsp/mafics f 45 v tr tr Lithology continues. Becoming darker with light colored sections. Magnetite present in dark sections. Veinlets of moly at 180.2m. Fractures covered in clay. Fdsp phenos altered to clay/sericite. Lithology continues. Back into predominantly a dark fine grained diorite with veins of k-spar alt with zones of replacement. Clay along fractures. Fg sulphide veins at high angle to core axis. Lithology continues. Dark fine grained diorite. K-spar veins (up to 10cm) at high angles to core axis. Mm sized veinlets of calcite running parallel to core axis. L Blank CDN- BL-8 L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics f tr tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr Lithology continues. K-spar veins as well as k-spar selvages along qtz veins. Abundant sericitic alt throughout sample. Lithology continues. Veins of calcite up to 1cm. Qtz veins with disseminated pyrite and chalco. Veinlets of moly(?) or fg sulphides. Lithology continues. 65cm section of fault gouge with a contact of 35 degrees. Veins of k-spar with replacement zones. Lithology continues. Abundant calcite veining at high angle to core axis. Qtz veins with selvages of fg sulphides. Lithology continues. K-spar vein nearly parallel to core axis. Clay on fracture surfaces. Lithology continues. Abundant fractures 60 degrees to core axis. K-spar alt restricted to veins. Small veinlet of moly. L QS Di Silicified Diorite fdsp/mafics tr tr tr Lithology continues. K-spar alt restricted to veins. L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr CDN- CM- L Standard 11A L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QS Di Silicified Diorite fdsp/mafics F tr tr L QS Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr L QC Di Silicified Diorite fdsp/mafics tr tr Lithology continues. Pyrite and moly occur as small blebs disseminated throughout sample. Lithology continues. Increase in fdsp phenos. Qtz veins with selvages of k-spar. Lithology continues. Very slight increase in pyrite/chalco/moly. Chalco appears as small blebs and moly/pyrite as small veinlets. Lithology continues. Large section (1.3m) of k-spar alt with qtz veins cutting alt zone. fdsp phenos alt to sericite/clay. Lithology continues. Qtz/sulphide (pyrite/moly) veins. 40cm section of increased sericitic/argillic alteration. Switch logging to Chris Weldon. Lithology continues. Fault zone at for 30cm, most materila turned to rock flour. Edge of fault is quartz monzonite dyke. Mod potassic altn on joint sets. Litholoy continues. 2cm qtz/carb vein with lighter/bleached diorite rimming it. Tr epidote with associated moly. Lithology continues. Becoming coarser grained and an increase in feldspar content. 2-5cm qut monzonite dykes are common, 1-2/m Lithology continues. Trending to medium grained and increased chlorite alteration. Tr moly visible in qtz monz dyke.slight increase in sulfide content, esp moly, but still trace. 47

48 L QC Di Silicified Diorite fdsp/mafics v tr tr tr Lithology continues. Bleb of moly 1cm at 219.5m. Small dykes of qtz monz and potassic altn along joint surfaces. L QC Di Silicified Diorite fdsp/mafics tr tr tr Lithology continues. Decreased py, L Blank CDN- BL-8 L QC Di Silicified Diorite fdsp/mafics tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics C 60 C tr tr L QC Di Silicified Diorite fdsp/mafics F tr tr Lithology continues. Suflides confined to fracture surfaces. Potassic halos on joint surfaces. Lithology continues. Increase in qtz veins, some with associated py, cpy and moly. 5cm qtz monz dyke at Lithology continues. Becoming coarser grained and chlorite alteration is confined to fracture surfaces. Sulphide content increases with increased chlorite altn. Lithology contines. 40cm qtz monz dyke at m. Mineralization increases with increased chlorite altn. Lithology continues. Random 1-3cm qtz monz dykes with no specific orientation. Weak sulfides, most on fracture surfaces. L QC Di Silicified Diorite fdsp/mafics tr Lithology continues. Possible xenolith of greenstone. L QC Di Silicified Diorite fdsp/mafics tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics b tr tr tr L Standard CDN- CM-12 L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr L QC Di Silicified Diorite fdsp/mafics tr tr L QC Di Silicified Diorite fdsp/mafics f tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr L QC Di Silicified Diorite fdsp/mafics v tr L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QC Di Silicified Diorite fdsp/mafics v 50 F tr tr Lithology continues. Increase in chlorite altn where material has a sheared appearance. Calcite veins appearing again. Lithology continues. 1cm quartz vein with abundent magnetite within. Small zones where sericite altn increases. Lithology continues. Diorite appears to have a weak foliation at 40 degrees. Grain size increases to coarse grained for this run. Lithology continues. Some qtz monzonite dykes are becoming qtz/flds phyric. Only one visible qtz vein with moderate moly. Tr disseminated py and cpy. Lithology continues. Very weak sulfides, just trace disseminated py. One qtz vein has strong kspar salvages, other one is unaltered. Chlorite alteration coming in and out. Qtz/carb veins appearing again. Lithology continues. Increase in chlorite altn. Try py and moly with only qtz vein. Potassic altn along joint surfaces. Lithology continues. Tr clay and clacite altn along set of fractures. Strong chlorite altn persists. Lithology coninues. 5cm qtz vein at 248.2m with no apparent mineralization. Trace disseminated pyrite and along fracture surfaces. Lithology continues. Slight decrease in chlorite altn, increase in potassic altn. 2 qtz veins are displaying a 3cm offset Lithology continues. Increasing potassic altn. Fine disseminated py and tr moly blebs. Lithology continues. Blebby pyrite with tr epidote associated. Mod potassic altn throughout. Switch logging to Kayla. Lithology continues. 6.5 cm thick qtz vein at 50 deg with moly along edges and pyrite running through center. Fault at 50 deg at m. associated with 22 cm of soft, clay./carbonate rich sheared Di. 48

49 L Blank CDN- BL-8 L QC Di Silicified Diorite fdsp/mafics f 75 f tr tr L QC Di Silicified Diorite fdsp/mafics v 0 v tr tr tr L QC Di Silicified Diorite fdsp/mafics f tr L QC Di Silicified Diorite fdsp/mafics v 0 f 0 v tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v 55 f tr tr tr L QC Di Silicified Diorite fdsp/mafics v 30 v tr L QC Di Silicified Diorite fdsp/mafics v 55 v tr L QC Di Silicified Diorite fdsp/mafics f 10 v tr tr tr CDN- CGS- L Stand ard 23 L QC DI Silicified Diorite fdsp/mafics v tr tr L QC DI Silicified Diorite fdsp/mafics v 25 v tr tr L QC DI Silicified Diorite fdsp/mafics v tr tr tr L QC DI Silicified Diorite fdsp/mafics v tr tr tr L QC DI Silicified Diorite fdsp/mafics C 60 v tr tr tr L QC DI Silicified Diorite fdsp/mafics v 50 f tr tr tr L QC DI Silicified Diorite fdsp/mafics v 10 v tr tr tr L QC DI Silicified Diorite fdsp/mafics v 50 v tr tr tr L QC DI Silicified Diorite fdsp/mafics v tr tr tr Lithology continues. Hematite staining on fractures. Py and moly mixed with qtz veins. Sericite increases. Lithology continues. Py, cpy and moly mixed with qtz veins. Disseminated py. Potassic alt. salvages along veins. Lithology continues. fracture parallel to core axis for 87 cm. sericite along fracture surface. Less vein controlled mineralization. Blebby py. Lithology continues. Slight increazse in chlorite alt. Visible cpy in mixed qtz/sulphide vein. 20 cm section of strong pottasic alt. mixed vein running parallel to core axis displays visble moly as it runs through the 20 cm section of strong K- spar alt. Lithology continues. Cpy/ qtz veins at 45 deg. Hematite staining in qtz veins. Strong reaction to HCL. Blebby py assicated with epidote. Lithology continues. Cpy and qtz vein at 55 deg. Hematite staining on fracture surfaces. Lithology continues. Moly vnlt at 30 deg. Mix qtz and cpy veins. Sericite alt. in fracture surfaces. Incease in qtz veins. Slight Increase in sulphides. lithology continues. Mixed qtz and cpy veins. Moly and qtz vein at 10 deg. Lithology continues. Slight Increase in sericite alt. Feldspar pehnocryts alt. to sericite. Litholgy continues. Hematite staining along veins and fractures. Dissmeinated py associated with epidote. Increase in calcite. Moly and cpy associated with qtz veins. Lithology continues. At m rock changes to more AR alt. (increased clay and sericite, softer/ lighter coloured Di). For 47 cm. Qtz veins associated with visible moly. Moly/qtz veins offset by qtz/carb vein at 10 deg. Calcite/ gypsum vein at 25 deg, associated with cpy. Lithology continues. Decrease in K-spar alt and in crease in chlor. Alt. Decrease in qtz/ sulphide veins. Lithology continues. 13 cm of very strong K-spar alt., associated with epidote and py. Sulphides mainly occur as dissmeinated py. Lithology continues. Felsic intrusive (dike?) with conatct at 60 deg (22 cm thick). Moly in vnlt, blebby py. Lithology continues. Coarsening of grains, more visible plag phenos. Qtz veins set at 50 deg associated with visible moly and cpy. K spar alt assocaited with qtz veins. Lithology continues. Increase in K sapr alt and in sericite alt. Fdsp phenocrysts altering to sericite. Shallow dipping mixed moly and qtz veins. 36 cm section of AR alteration, M sup. Bx. Hematite staining. Lithology continues. Set of dark qtz veins at 50 deg. I cm thick qtz veins with moly along edges and cpy runnig through center at 25 deg. Lithology continues. Coarser grains. Py and ep. Vein controlled. Calcite vein at 30. L Blank CDN- BL-8 49

50 L QC Di Silicified Diorite fdsp/mafics v tr tr Lithology continues. Blebby py. K- sapr alt. associated with qtz veins. L QC Di Silicified Diorite fdsp/mafics v tr tr tr Lithology continues. Cpy and py along vein at 10 deg. L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v 50 v tr tr L QC Di Silicified Diorite fdsp/mafics f tr tr tr L QC Di Silicified Diorite fdsp/mafics f 10 v tr tr tr L QC Di Silicified Diorite fdsp/mafics C 30 v tr tr tr L QC Di Silicified Diorite fdsp/mafics v 45 v tr tr CDN- CM- L Standard 11A L QC Di Silicified Diorite fdsp/mafics v tr tr tr L QC Di Silicified Diorite fdsp/mafics v 50 f tr tr L QC Di Silicified Diorite fdsp/mafics v tr tr L QS QD Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr tr lithology continues. Cpy vein at 45 deg. 31 cm section of strong k-sapr alt. Followed by section of foliation in Di. Lithology continues. 8 cm felsic intrusive (mainly k spar) with qtz along edges. Associated with bio and py. Lithology continues. Magnetite veins associated with py and epidote. Foliation of Di at end of sample. Mineralization minaly on fractures and in veins. Cpy/qtz vein at 50 deg. Lithology continues. Weak foliation of entire smaple. Decrease in chlorite alt, mainly fracture controlled. Sericite and carbonate on fracture surfaces. Lithology continues. Decrease in k-spar alt. associated with few qtz veins. Weak foliation at beginning of sample. Sericite along fracture surfaces. Lithology continues. Chlorite alt. coninfed to fractures. Foliation. K-sapr alt. increases. 2 cm of Mz. Intrusive contact at 30 deg. Lithology continues. Magnetite vein at 70 deg. Qtz vein mixed with cpy and py at 45 deg with k-sap salvages along edges. Lithology continues. Chl. Alt. increases. Cpy in fractures. Py vein controlled and disseminated. Lithology continues. 33 cm of strong AR alt., plag phenocrysts altered to sericite (softer, lighter coloured Di). Gradiational contact with more silificed Di. Hematite staining on fracture surfaces. Lithology continues. Entire sample is coarse grained Di. Highly silicified. Long mixed vein at 10 deg ( chlorite, qtz, hem. Calcite and qtz), with strong k-spar alt along edges. Decrease is chlorite alt. sulphides mainly disseminated py. Transitioning from a diorite to a quartz diorite. Quartz and plag is phyric with a mixture of biotite and hornblende as the mafics. Chlorite altn has almost completely dropped off. Py and cpy and moly are trace and usually within fracture coatings. L AR QD L QC QD L QS QD L QS QD L QS QD L Blank CDN- BL-8 L QS QD Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr tr tr Zone of increased argillic and sericite altn. Rock has become bleached and is less silicified. Almost no sulfides. Becoming more silica altered again, possibly tounge of Diorite with some chlorite altn. Back to the Quartz diorite. Slight chlorite altn. Qtz/carb veins with some milled sulfides along edges. Py is fine and disseminated throughout. Quartz diorite. Moderate potasic altn. Quartz plag phyric. Unaltered biotite books up to 5mm. Tr fine disseminated py Lithology continues. 10 cm of chlorite altn with a 2cm qtz/carb vein in the middel. Tr disseminated py. Lithology continues. Potassic altn on join surfaces. Small qtz/carb vein with a phyllic halo around it. Rock is very silicified. Tr sericite altn. Fine disseminated py, cpy and moly throughout. 50

51 L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L Standard CDN- CM-12 L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr 0.25 tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl C 90 C tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl F tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl F tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl C 80 C tr Lithology continues. Slight incrase in mafics, moslty biotite. Potassic altn on joint surfaces. Transitioning to a zone of cnreased potassic and chlorte altn. Has the texture of a quartz diorite for tmost part, possibly some xenoths of greenstone. Tr mnt. Weak suflides increase in potassic altn. Increase in chlorite content, possibly some zenoliths of greenstone. Grain size is varying from fine to coarse many times. Incr in cpy. same as above. Chlorite and potassic altn coming in and out. Tr sulfides. Increase in qtz veins. same as above. Chlorite and potassic altn coming in and out. Tr sulfides. Increase in qtz veins. quartz diorite. Alteration is becming weaker at the end of the section. Quartz content increasing. 15cm of strong chlorite surrounding a 2cm qtz vein, almost has the appearance of a dyke. Rest of the run is weakly potassicly altd qtz diorite. possible xenolith of greenstone from 343 to 343.4m with chlorite altn and a potassicly altn vein with cpy cutting through it. 10cm section with numerous qtz/carb veins and strong altn to clay. Coarse grained quartz diorite trending towards increased potassic and chlorite altn downhole. Xenolith of country rock, probably greenstone sediments, are scattered within. Very weak mineralization Fault zone at 347.3m that has turned to clay and chlorite. Increase in qtz/carb vnlts. Alteration is becoming pervasive with potassic and chlorite destroying original texture. Fault zone at 351m for 40cm. Original diorite texture returns sporatically, but most is pervasibly potassic altered and mod chlorite altered. Tr disseminated py and little veining. Strong potassic altn, could be called a quartz monzonite also, but not sure if the kspar is primary or a secondary altn. Less than 1mm quartz/carb veins occur 2-3/m. tr quartz veining with no sulfides. Same as above with stron potassic altn. Very little mineralization. Some biotite books are visible and on their way to chlorite. Lithology continues. Strong potassic altn and most of the mafics have altered to chlorite. One qtz vein has tr cpy and moly on the edges. Lithology continues. Strong potassic altn and most of the mafics have altered to chlorite. Moderate actinolite associated with a 3cm qtz bleb. Weak mineralization. Lithology continues. Potassic chlorite altn dropping off. Original texture becoming more visible. Rock is becoming more felsic and the biotites and hornblendes are just starting to alter to chlorite. Lithology continues. There is a 60cm section that is heavily chlorite altered and not as silicified as the rest of the unit, almost appears as a dyke or a later stage intrusion that was not subjet to the silicification. L Blank CDN- BL-8 L QS QD Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Lithology continues. Decreased potassic and chlorite altn. Original texture very visible. V.weak minearlization 51

52 L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD CDN- CGS- L Standard 23 L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD L QS QD Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v 30 f tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl f tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl f tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v 60 v tr tr tr Silicified Qtz Diorite qtz/fdsp/bio/hnbl v tr tr tr Lithology continues. Weak potassic altn. One vein with stron potassic halo is filled with a translucent, soft mineral, possibly barite. Lithology contiues. There are intervals that are heavily chlorite altered, most of the phenocrysts are chlorite, then rapidly changes back into unaltered rock. One qtz vein has moderate amounts of pyrite and epidote. Lithology continues. Chlorite alteration is getting weaker down hole. Mafics are increasing in size and are less altered. Lithology continues. Potassic altn coming in and out. One qtz vein has modetate/strong py and cpy and has a strong potassic halo. Xenoliths of country rock visible. Lithology continues. Potassic alteration on fracture surfaces. Mafics are less altered to chlorite. Lithology continues. Decrease in potassic altn. Quartz phenos are slightly larger, up to 1cm. Tr disseminated py. Lithology continues. Clay altn is strong on a fracture set at 30 degrees, with mod calcite. One qtz vein has very strong py and cpy. Lithology continues. Potassic altn focused around fracture surfaces. Litholgoy continues. Potassic altn coming in and out. At end of run, there is an increase in chlorite altn and some clay in the fractures. Lithology continues. Weak alteration. Some 1mm thin quartz carb veins. Weak mineralization Lithology continues. No change in alteration/mineralization. Few quartz/carb veins. Lithology continues. There is a 10cm section that is heavily alterered to chlorite, then back unaltered rock abruptly. Lithology continues. Largely unaltered rock. Tr potassic altn on joint surfaces. Lithology continues. One vein has very strong moly associated with it. Chlorite altn comes in an out. Lithology continues. Potassic altn increases, chlorite altn goes in and out. Fine disseminated py throughout. EOH 52

53 BC PROJECT: BING Start Date: 18-Jul-11 Collar: UTM (NAD83) Paget Minerals Corp. ID Hole: PB End Date: UTM_E: Geologist: Core Inclination: -60 Size: HQ 0- NQ UTM_N: Azimuth: 90 UTM_Zone: 8 Date Log completed: Pg of Length: 300m Drill Contractor: Elev: 1333 Geology - Lithology Structure Veins/1m Alteration Mineralization Sample Number From To Length Lithology Type (F, f, B, v)-angle Breccia Graph Log Redox O/M/S Fault, fract, bed, vnlt Rock type/texture Rock composition (m) (m) (m) 1 < 2 < 3 < Alter. Code Rock Code Sulfide Qtz-Sulf/Ox Quartz Mnt±qtz Other biotite K-fspar Sericite Silica Clays Chlorite Epidote Calcite Other Oxide / Limonite Sulfides Description HGJ Ratio 0-5 J_H_G Magnetite % Other: Cu, Mn, etc. Pyrite Cpy Bornite Moly Ore py, cpy, bor, cv, sph, gal; Structure Bx, F, f, V, v, B; Other stk, dsm, prvs, mtx, slvg OB Overburden L S EC Di Silicified Diorite mafics f 20 v tr tr tr Silicidied Diroite: dark grey diorite, original texture destroyed, severely alt, fine grained. Tr sulhpides, py as salvages on qtz/carb veins Lithology continues. Oxide staining on fracture surfaces. Beginning to pick up small blebs of cpy. Moly salvages on qtz veins. Trace K-spar alt. increase in qtz L S EC Di Silicified Diorite mafics v 30 f tr tr tr tr carb veins. L S EC Di Silicified Diorite mafics v tr tr L S EC Di Silicified Diorite mafics v 25 v tr tr tr tr L Standard CDN- CGS-23 L S EC Di Silicified Diorite mafics v tr 1 tr tr L S EC Di Silicified Diorite mafics f tr tr tr tr L S EC Di Silicified Diorite mafics v 20 v tr 1 tr tr Lithology continues. Mostly broken core and rubble. Thin moly vnlts. Lithology continues. Small section of AR alt, softer Di. Cpy and moly salvages on qtz veins. Increase in suplhides in the Ar alt. sections. Lithology continues.slight incease in py. Increase in chlorite alt. magnetite confined to fraacture fillings. Thin moly vnlts. Cpy and py slavages on qtz veins. Lithology continues. Trace k-spar alt. assocaited with qtz veining. Hematite staining. 30 cm sectoin of brecciated qtz, cabinate clay matrix with qtz clasts. Lithology continues. Slight increase in epidote alt. cpy and py salavages on qtz veins. L S EC Di Silicified Diorite mafics v 40 v tr tr tr tr Lithology continues. Lithology continues. More silicified, darker rock, fine grained. Few qtz veins. Thin py vnlts. Increase in L S EC Di Silicified Diorite mafics v 40 f tr tr 0 magnetite. Lithology continues. Still dark, finer grained diorite. Some leached calcite and sulphide veins. Blebs of cpy, L S EC Di Silicified Diorite mafics v tr tr tr moly salavages on qtz veins. Increase is qtz veining. 53

54 L S EC Di Silicified Diorite mafics f tr tr tr Lithology continues. Sericite alt. on fracture surfaces. L S EC Di Silicified Diorite mafics v 40 v tr tr tr L S EC Di Silicified Diorite mafics f tr tr L Blank CDN-BL- 8 L S EC Di Silicified Diorite mafics v 55 v tr tr tr L S EC Di Silicified Diorite mafics v tr tr tr L S EC Di Silicified Diorite mafics v 10 v tr tr tr L S EC Di Silicified Diorite mafics v tr tr tr tr L S EC Di Silicified Diorite mafics v tr tr tr L S EC Di Silicified Diorite mafics f 75 v tr tr L S EC Di Silicified Diorite mafics f 30 f tr tr L S EC Di Silicified Diorite mafics v tr tr tr L S EC Di Silicified Diorite mafics v tr tr tr Lithology continues. Strong epidote and weak k-spar alt. along joint surfaces. Lithology continues. 60 cm setion of AR alt.and strong calcite alt. slight decrease in mineralization. Lithology continues. K-spar alt. along qtz veins. First 20 cm of sample AR alt, no obvious contact. Moly salvages along qtz vein. Lithology continues. Slight increase in K-spar alt. Qtz veins offset by chlorite veins. Lithology continues. 18 cm of shear deforation (shear deformation, quatrz vening, hight clay content, disseminatedd py). Two xenoltihs of country rock. Slight increase in carboante alt. thin moly vnlts. Lithology continues. From 38.8 m to 40.0 m large xenltih of country rock (dark, fine grained). Thin moly vnlts, py salaages oin qtz veins and finely dissmeinated. Lithology continues. Some sections of brecciation. Disseminated py in matrix of bx. Original dioritic texture cokming through. Increase in K-spar alt. Lithology continues. Small sections of mtrx sup. Bx. Diorite texture coming through in patches. Hemataite staining on fractures. Lithology continues. AR alt. along fracture surfaces. Mineralization dropping out. Lithology continues. Set of repeated fractures at 45 deg. Tr small blebs of cpy. Py salavages on qtz veins. Lithology continues. Section of preserved diorite texture. K-spar alt. increases. Hematite staining on fracture surfaces. L Standard CDN- CM-12 L KF EC DI Silicified Diorite mafics f 40 v tr tr tr Lithology continues. Becoming more KF alt. L S EC DI Silicified Diorite mafics v 5 f tr tr Lithology continues. K-spar alt. almost comletely drops out. Original texture comletely destyored, darker, fine rianed dirotie with increase in chlorite alt. some py as qtz vein salavages. 3 cm thich qtz vein running 5 deg to core axis. L S EC DI Silicified Diorite mafics f 20 v tr tr tr tr Lithology continues. Tr k-spar alt along joint surfaces. Moly pciks up again as salavegs alobe qtz vein, associated with k-spar. L S EC DI Silicified Diorite mafics f tr tr tr tr Lithology continues. Dissmeinated py associated with epidote alt. patches of Di texture coming through. Chlorite veins. Near end of sample K-spar alt. picks up. lithology continues. Highyl silicified. Chlotie and epidote veins running thourgh qtz veins. AR alt. along L S EC DI Silicified Diorite mafics f tr tr tr fracture surfaces. L S EC DI Silicified Diorite mafics v tr tr tr lithogoly continues. 70 cm country rock xenoltih. Py and cpy salavages on qtz vein. L S KF FD pegmatitic felsi dyke qtz, mafics C tr tr tr Felsic dyke: contact 85 deg, very coarse grained. KF alt. pink monzonite. Thin moly vnlts running through. 54

55 L S KF FD pegmatitic felsi dyke L S EC DI Silicified Diorite qtz, mafics C tr tr tr tr mafics v 30 f tr tr tr tr FD lithology continutes. End of sample is contact with Di at 70 dg. Hem staining on fractures. Chlorite veins. Silicified Di. Most presevred original di texture so far, some chlorite veins. Some k-spar alt, and strong epiodte alt along joint surafces. Py in thin vnlts. Smal cpy blebs. L Blank CDN-BL- 8 L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L S EC DI Silicified Diorite L Standard CDN- CM-11A L S EC Di Silicified Diorite L S AR/SQ Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S KF Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite mafics v 25 C tr tr tr mafics f tr tr tr mafics v 20 v tr tr tr Lithology continues. 30 cm felsic dyke, C at 30 deg, fdsps alt to sericite. Xenoliths of countery rock ( cm). Lithology continues. Moly as fracture coating. Sections of mtx supported breccia. Rock flour ltx, dark, clast rnage from.2 to 3 cm. felsic clasts. Lithology cotniues. Storng epidote and k-spar alt along joint surfaces. Small (5 cm) xenolith of country rock. mafics v tr tr tr Lithology continues. mafics v tr tr tr Lithology continues. Patches of Di texture. lithology continues. Py as fracture coating. Decrease k- mafics v tr tr tr spar alt. small xenoltih of country rock. lithology continues. Di texture preserved. AR alt on mafics v 65 f tr tr tr fracture surfaces. Py as savlage on qtz/carb. Veins. mafics v 20 f tr 1 tr mafics v tr tr tr mafics v 45 v tr tr tr tr mafics C 30 C 45 v tr tr mafics v 25 v tr mafics v 15 C sa tr tr tr mafics f 20 v tr tr tr mafics v 20 v tr tr tr mafics v 80 C sa tr tr tr Lithology continues. Slight increase inpy as disseminated, and qtz salavages. Magentite confined to thin veins. Cpy vnlt at 25 deg. Lithology continues. Increase in k spar alt along joint surafces. small Cpy blebs. Leached sulpdihe and carb veins. Lithology cotninues. Cotniued increase in k-spar alt. py slavges. Felsic dyle: AR alt. contact 30 deg uphole and 45 deg downhole. Fdsp alt. to clay and serciite, hornblende alt. to chlorite. 30 cm of fuscite, high Cr. 30 cm of bx, mtx sup. Clats 1-8mm. Si Di lithology continues. High carbonate conenet in thin veins. K-spar and epidote alt along joint surfaces. Tr py in vnlt and on qtz vein as salvage. mafics v 30 v tr tr tr Lithology continues. Pegmatitic/ brecciated zone. Pegmatitic/ brecciated zone. Some clasts appear to be country rock. Variation from matrix to clast supported but mainyl clst supported. Range from 1mm to 5 cm clasts. Felsic intrusive clsts. Cpy as slavages on qtz vein. Silicified Di with mainly EC alt and some K-spar alt. high carbonate content. Clast supprted bx in sections., xenolith of country rock. Tr py and cpy. Lithology continues. 2 cm thick qtz veins with cpy salvages on edges ( up to.5 cm blebs) Lithoogy continues. Clst suported bx. (clasts country rock and felsic intrusive). Hematitie staining. Increase in sulphides In brecciated section. 55

56 L S EC Di Silicified Diorite mafics v 30 v 80 f tr tr tr Lithology continues. K-spar alt slighty decreases. 30 cm section of C sup. Bx. Sericite alt. on fractures. L Blank CDN-BL- 8 L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S KF Di felsic pegmatite dyke L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Diorite L S EC Di Silicified Di/ Bx mafics C 75 v tr tr tr mafics v tr tr tr Lithology continues. 30 cm thihc section of pegmatiic dyke, felsic, mafics alt. to chlrotie. Contact at 75 downhole, gradational up hole with C sup bx. Magentitie drops out in dyke. Rest of smaple is classic di, texture preserved. Lithology continues. Increase in chlorite veins. Qtz veins with py salavegs. Disseinated cpy. Thin Stirngers of py mafics, qtz v tr tr tr Lithology continues. Some qtz grains in di. Calcite vein. lithology continues. Hem. Staining on fracture surfaces. 40 cm of brecciation, clast sup, been mashed up, lots of carbonate veining, not much sulphides mafics f 25 v 35 v tr tr tr associated. Pegmatitic dyke, felsic, comletely alt. mafics, mainly qtz, alkali fdsp.. Cpy slavegs on qtz vein. Contact mafics v tr tr gradational with breccia grading into dyke. mafics, qtz v 45 v tr tr tr mafics, qtz v 25 v tr tr tr mafics, qtz f 30 v tr tr tr mafics, qtz v 5 C sa tr tr tr mafics v 55 C sa tr tr tr L S AR FD felsic dyke mafics v 40 v tr tr tr L S EC Di Silicified Di mafics v tr tr tr L S EC Di Silicified Di mafics v 30 F a tr tr tr L S EC Di Silicified Di mafics v 35 v tr L S EC Di Silicified Di mafics v 35 v tr L S EC Di Silicified Di mafics v tr tr tr Si Diorite. A few original qtz grains. 1 cm thick pegmatitie dyke. Storng epidote alt. Si Diorotie with sections of bx with felsic and country rock clasts. Increase carbonate vening. Lithology continues. Decrease in K-spar alt. slight increase in grain size, still some qtz grains. Py salvages along edges of qtz/carb veins. Lithology continues. Forst 60 cm of sample is di. Then grades into C sup breccia with country rock clsts and felsic intrusive clastas. Clst size ranges fro.5 to 6 cm. evidence of deformation (undualting veins). Lithology continues. Clst sup. Bx, with some large(10-20 cm) contry rock clsts. Leavhed carbonate/qtz/ and sulphide veins. Di Lithology continues at begining of sample.. 80 cm felsic dyke at m. fushcite present, incerase in mineraliaziton (dissmeinated cpy and py ) lots of qtz and carb veing, mafics alt. to chlorite. Possible siderite occurrence. Fdsps alt to clay and sericite. Silicified Di. Some country rock xenoliths. Strong epidote alt. Silicified Di. Country rock xenolith is fracture BX with epidote chlrotie veins. Thin py vnlts, small cpy blebs. Silicified Di, large py blebs. Increase in mineralziation cpy blebs up to.8 cm, occuring with epidote and k- spar alt along thick qtz vein. Lithology cotniues. Few jasperoid veins. Large py blebs ( 2 cm). Lithology continnues. Two thin pegamtititc dykes. Country rock segemnts. Tr sulphides. L S KF Di L S KF Di felsic pegmatite dyke felsic pegmatite dyke qtz, mafics C tr tr tr qtz, mafics tr tr tr Lithology continues. Pegmtitic dyke, large grains, felsic, monozite compostion. Lithology continues. Pegmtitic dyke, large grains, felsic, monozite compostion. Very alt. and mashed up, mayne carb. Veins. 56

57 L S EC Di Silicified Di mafics v tr tr Lithology continues. Mainly fined grained diorite. Finely disseminated py. Some country rock xenoltihs. L Blank CDN-BL- 8 L S EC Di Silicified Di L S EC Di Bx/ Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics C sa tr tr mafics v 70 v 25 C sa tr 1 tr mafics v 40 f tr tr tr Lithology continues. Smaller sections of bx, C sup. Not much vening or sulphides. Magneitie veins. enitre smaple is clast sup. Bx. Sections of Mtx sup..3 to 6 cm clsts. Felsic intrusive clsts, qtz vein fragments. Sed. Clsts. Sulphides appear to increase with brecciation. Silicified Di. Original Di texture partially preserved, with sections of very EC alt. mafics v tr tr Lithology continues. Slight increase in K-spar alt. Lithology continues. Still increaseing in K-spar mafics v 15 v tr tr alt.original di texture destroyed by EC alt. mafics v tr tr mafics v 25 F tr tr tr L S AR FD felsic dyke mafics C 85 C tr tr L S EC Di Silicified Di mafics C 70 C 40 v tr tr tr Lithology continues. Pick up cpy in thin vnlts. Py also in vlnts and finely dissmeinated as well. Increase in magnetite. Lithology continues. Slight increase in K-spar alt. minor fault at 35 deg. Associated with 20 cm of shear rock with high clay content. Increased qtz veining with moly slaaves along adges and cubic pyrite. felsic dyke. Maintl AR alt with some sericitic alt. No magneitite. Increase in sulhpides. Dimmeniated py and moly in qtz veins. Fuchsite occurrence. Contatc 85 deg up hole and 50 deg downhole. Silicified Di lithology continues. Small scale dyke, (20 cm) porphry texture, monzonite compostion. fdsp Proporyblasts range from cm in size. Rest of smaple is EC alt. tr amounts of visible moly in dyke. L Standard CDN- CM-11A L S EC Di Silicified Di mafics v lithology continues. Multiple thin py vnlts and dissmeinated py. K-spar alt drmatically decreases. L S AR FZ Bx/fault zone mafics v 85 M sa tr entire sample is intensely affected by shear defomration (fault zone). Undualting veins, mtx supported brecciation. Hight clay content, high carbonate content. Very soft light rock. Dark qtz veins mixed with disseminated sulphides. Qtz vein frags. Have been roatated. mtrx of rock flour. broken core, unclear fault orientation. silicified Di. Hematite staining. Strong chlorite and L S EC Di Silicified Di mafics v 70 v tr tr tr epidote. Tr cpy and py. L S EC Di Silicified Di mafics v 30 v tr tr tr lithology continues. Cpy and py salvages on qtz veins. entire sample is intensely affected by shear defomration (fault zone). Undualting veins, mtx supported brecciation. Hight clay content, high carbonate content. Very soft light rock.. Qtz vein frags. Have been roatated. mtrx of rock flour. broken core, fauly orientation of 15 deg. increased py close to fault L S AR FZ Bx/fault zone mafics F 15 M sa tr tr surfaces. silicified di. Tr sulphides. Two country rock xenoliths. L S EC Di Silicified Di mafics v 20 v tr tr tr Py vnlts. 57

58 L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics v 40 v tr tr tr Lithology continues. mafics v tr tr lithology continues. More altered. Increaesed epidote and k-spar alt. mafics v tr tr lithology continues. Thin py vnlts. L CDN-BL-8 L S EC Di Silicified Di mafics v 60 C sa tr tr tr Lithology continues. Thin dissmeinated/qtz vnlts in small section of C sup. Bx. qtz, Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Conatct 75 deg up hole, downhole conatct altered by epidote. Carbonate veins running through are later L S KF FP Felsic dyke mafics (bio) C 75 v tr stage. Dissmeinated py throughout dyke. Lithology continues. 3 small dykess (FP) crosscutting L S EC Di Silicified Di mafics C tr tr di at steep angles. L S EC Di Silicified Di mafics v tr tr Lithology continues. L S KF FP Felsic dyke qtz, mafics (bio) C tr tr Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Contact unclear up hole. L S EC Di Silicified Di mafics C 65 v 50 M a tr tr Silicified Di. One 15 cm dyke (FP). Thin py vnlts, dissmeinated py in dyke. L S EC Di Silicified Di mafics V tr tr lithology continues. 2 thiner felsic dykes, same comp., steep orinetiation to core axis. Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Conatct alt. uphole.,. Carbonate veins running L S KF FP Felsic dyke mafics v tr through are later stage. Little py. L S KF FP Felsic dyke mafics C 70 v tr dyke continues. downhole conatct 70 deg downhole L Standard CDN- CGS-23 L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics f 25 v 20 C sa tr tr mafics f 40 v tr tr silicified di, some sections of C sup bx. Di, FP, and country rock clsts. Strong epidote alt. throughout. lithology continues. More altered. Original texture texture destoyed. mafics f tr tr lithology continues. Decrease in K-spar alt. lithology continues. High carbonate content. Sections of mtx sup. Bx. Counrety rock clsts, felsic intrusive mafics v 30 M sa tr tr cltst. mafics f 40 v 45 M sa tr tr mafics f 10 f tr tr L S KF FP Felsic dyke mafics C tr 0.5 Lithology continues. Sections of mtx sup. Bx. Py salvages on qtz/carb vein. Lithology continues. Py salvages on qtz/carb veins. K- spar alt. on joint surfaces. Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Contact at 65 deg., disseminated py thourghout. KF alt. 58

59 L S EC Di Silicified Di L S EC Di Silicified Di mafics f tr tr mafics C tr tr silicified diorite continues. Highly alt. texture, texture destoyed, py blebs, few thin py vnlts lithology continues. Increase in k-spar alt. py blebs. 3 cm thick pegmatitie dyke at 85 deg. L Blank CDN-BL- 8 L S KF FP Felsic dyke mafics v 40 C tr Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Range from.3 to.6 mm fdsp porphorblasts, Contact at 60 deg., disseminated py thourghout. KF alt. L S EC Di Silicified Di mafics v tr tr tr silicified diorite. Tr cpy. Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Range from.2 to.5 mm fdsp porphorblasts, Contact at 55 L S KF FP Felsic dyke mafics C tr tr deg., disseminated py thourghout. KF alt. L S EC Di Silicified Di mafics C 60 v tr tr sillicified di. 3 smaller dykes (FP same comp as above) L S EC Di Silicified Di mafics C 65 v tr tr sillicified di. 2 smaller dykes (FP same comp as above) thin py vnlts. Felsic dyke: felsic proporphry. Qtz monozonite compostion.relcit bio, hornblende alt. to chlorite. Range from.2 to.6 mm fdsp porphorblasts, Contact at85 deg., up hole, 40 downhole. disseminated py L S KF FP Felsic dyke mafics C tr thourghout and py blebs and slavages on qtz veins., silicified diorite. Tr py in stringers. Some k-spar alt L S EC Di Silicified Di mafics v tr tr along joint surfaces. Chlortie veins. L S EC Di Silicified Di mafics v 20 C tr tr tr lithology continues. One thin felsic dyke with moly stingers running through. ( 10 cm thick contact at 60 deg). Hem. Staining on fracture surfaces. End of sample is contact supported breccia with feslic dyke calsts broken off dyke of next sample. felsic dyke. Shallow contatc uphole, assoicated with brecciation uphole ( 4 cm felsic dyke clsts). Horn. alt. to chlorite. Visible bio, unaltered. FP. Still silicified. Mainly KF alt. stingers of moly, qtz veins with py L S KF FP Felsic dyke mafics C 10 v tr salvages. Fdsp porphoblasts. L Standard CDN- CM-11A L S KF FP Felsic dyke mafics F 20 v tr tr L S EC Di Silicified Di mafics v 20 C tr tr tr L S EC Di Silicified Di mafics C tr tr L S EC Di Silicified Di mafics v 60 f tr tr L S EC Di Silicified Di L S EC Di Silicified Di mafics v 45 v 60 F tr tr mafics v tr tr 0.25 continuation of above dyke. Same lithology. Fault running through dyke at 20 deg. Associated with 40 cm of differnet alt then rest of dyke. More seritic alt of FP texture not as strong, greyish colour. silicified diorite. 4 smaller scale dyke running through di at steep angles. Strong epidote alt. in the di. KF alt in the dykes. Tr cpy in di. lithology continues. 4 smaller scalle dykes. Steeply dipping ( ~60 deg) Lithology cotniunes. Qtz veins highyl alt to epidote and k-spar. Hem. Staining on fracture surfaces. Lithology continues. Minor fault at 50 deg. Associated with brecciation, high clay and carbonate content, increased sulphides and qtz veining. One 20 cm thick felsic dyke. lithology continues. Cpy picks up in thin stringers in country rock inclusions. Increase carbonate content. 59

60 L S EC Di Silicified Di L S EC Di Silicified Di L S EC Di Silicified Di mafics v tr tr 0.25 mafics v tr tr 0.25 Lithology continues. mafics C 70 C tr tr tr lithology continues. Cpy in country rock. K-spar alt. along joint surfaces, strong epidote alt. Lithology continues. 2 small scale felsic dykes. Contatcs at deg. FP, Mz comp. KF alt. margins of dyke associated with breciations and increased epiodte alt. L Blank CDN-BL- 8 L EOH 60

61 Appendix E: Analytical Certificates 61

62 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 7-AOUT-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 36 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 14-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 CRU-QC PUL-QC CRU-31 SPL-21 PUL-31 LOG-23 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Test concassage QC Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um Entrée pulpe - Reçu avec code barre PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

63 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 2 (A - C) Finalisée date: 7-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 50 < < <10 L <10 50 < < L <10 70 <0.5 < < <10 L <10 50 < < L <10 60 < < L <10 50 < < L <10 60 < < L <10 80 < < L <10 60 <0.5 < < <10 L <10 60 <0.5 < < <10 L <10 70 <0.5 < < <10 L <10 50 <0.5 < < <10 L < < < <10 L <10 60 <0.5 < < <10 L <10 50 < < <10 L <10 60 <0.5 < < <10 L <10 50 < < <10 L <10 60 < < L <10 50 < < <10 L < < <10 L < <0.5 < < <10 L <10 30 < < <10 L <10 80 <0.5 < < <10 L <10 70 <0.5 < < <10 L <10 60 <0.5 < < <10 L <10 50 < < <10 L <10 50 < < <10 L <10 40 <0.5 < < <10 L <10 30 < < <10 L <10 40 < < <10 L <10 50 <0.5 < < <10 L <10 60 <0.5 < < <10 L < < <10 L <10 40 <0.5 < < <10 L < <0.5 < < <10 L < <10 80 <0.5 < < <10

64 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 2 (A - C) Finalisée date: 7-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L <20 L < < < <20 L < < < <20 L < < < <20

65 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 2 (A - C) Finalisée date: 7-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 49 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 70 < L <0.01 <10 <10 49 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 56 < L <10 < L <10 < L <10 <

66 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 13-AOUT-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 172 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 21-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 CRU-QC PUL-QC CRU-31 SPL-21 PUL-31 LOG-23 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Test concassage QC Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um Entrée pulpe - Reçu avec code barre PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

67 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 50 <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 30 < < <10 L < <10 30 <0.5 < < <10 L < <10 20 < < L <10 40 <0.5 < < <10 L <10 80 <0.5 < < <10 L <10 40 < < <10 L <10 50 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 30 < < <10 L <10 50 <0.5 < < <10 L <10 60 < < <10 L <10 40 < < <10 L <10 40 <0.5 < < <10 L <10 40 < < <10 L < < L <10 50 < < <10 L <10 40 < < <10 L <10 30 < < <10 L <10 40 < < <10 L <10 30 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 50 < < <10 L <10 50 <0.5 < < <10 L <10 80 <0.5 < < <10 L <10 50 <0.5 < < <10 L < <10 50 < < L <10 50 <0.5 < < <10 L <10 40 < < <10 L <10 40 < < L <10 40 < < <10 L <10 30 <0.5 < < <10 L <10 30 < < <10 L <10 30 < < <10 L < < <10 L <10 30 < < <10 L < < < <10 L <2 <10 40 < < <10

68 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < < <20 L < < < <20 L < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < <20 L < < < <20 L < < <20 L < < < <20

69 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 70 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <

70 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - A Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 40 < < <10 L <10 60 < < <10 L <10 40 < < <10 L <10 50 < < <10 L <10 40 < < <10 L <10 50 < < <10 L < <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 40 < < <10 L <10 50 < < <10 L < <2 <10 40 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 < < <10 L < <10 L < <0.5 < < <10 L <10 90 < < <10 L <10 40 <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 50 < < <10 L <10 60 < < <10 L <10 80 < < <10 L <10 50 <0.5 < < <10 L <10 40 < < <10 L <10 50 < < <10 L <10 90 <0.5 < < <10 L < < <10 L < <10 50 <0.5 < < <10 L <10 50 < < <10 L <10 40 < < <10 L <10 70 < <10 L <10 60 <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 40 <0.5 < < <10 L < < <10 L <10 60 < < <10 L <10 80 < < <10 L <10 40 < < <10

71 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - B Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < <20 L < <20 L < <20 L < <20 L < < < <20 L < < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < <20 L < < < <20 L < <20 L < < < < <20 L < < <20 L < < < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L <20 L < < <20 L < < <20 L < <20

72 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - C Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <0.01 <10 <10 29 < L <10 <10 52 < L <10 <10 45 < L <10 < L <10 < L <10 <10 53 < L <10 <10 33 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 56 < L <10 <10 71 < L <10 < L <10 < L <10 < L <10 <10 36 < L <10 <10 46 < L <10 < L <10 < L <10 <10 57 < L <10 <10 49 < L <10 <10 81 < L <10 <

73 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - A Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 60 < < <10 L < < < <10 L <10 50 <0.5 < < <10 L <10 40 < < <10 L <10 50 < < <10 L <10 40 < < <10 L <10 70 <0.5 < < <10 L <10 70 < < <10 L <10 60 < < <10 L < <0.5 < < <10 L < < <10 L < < < <10 L <10 50 <0.5 < < <10 L <10 80 < < <10 L <10 40 < < <10 L <10 50 < < <10 L < <0.5 < L < < <10 L <10 30 < < <10 L <10 30 < < <10 L <10 30 < < <10 L <10 50 < < <10 L < < < <10 L < < <10 L < < < <10 L <10 30 < < <10 L <10 80 <0.5 < < <10 L < < < <10 L <10 80 < < <10 L <10 60 < < <10 L <10 50 < < <10 L <10 80 < < <10 L <10 40 < < <10 L <10 50 < < <10 L <10 50 < < <10 L < < < <10 L < <0.5 < < <10 L <10 60 <0.5 < < <10 L <10 40 < < <10 L < <0.5 < < <10

74 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - B Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < <20 L < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L <20 L <20 L < < < <20 L < < < <20 L < <20 L < < < <20 L < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < <20 L < < < <20 L < < < <20 L < < <20 L < <20 L < <20 L < < <20 L < < <20 L < <20

75 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - C Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 <10 45 < L <10 < L <10 < L <10 <10 80 < L <10 <10 57 < L <10 < <0.001 L <10 <10 76 < L <10 <10 65 < L <10 <10 74 < L <10 <10 59 < L <10 <10 95 < L <10 <10 57 < L <10 < L <10 < L <10 <10 56 < L <10 < L <10 < L <10 < L <10 <10 61 < L <10 < L <10 < L <10 <10 86 < L <10 <10 39 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 38 < L <10 <10 54 < L <10 <10 47 < L <10 < L <10 <

76 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - A Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 40 <0.5 < < <10 L <10 40 < < <10 L < < < <10 L <10 40 < < <10 L <2 <10 50 < < <10 L < < < <10 L <10 90 <0.5 < < <10 L <10 80 < <10 L <10 40 < < <10 L <10 60 <0.5 < < <10 L <10 60 < < <10 L < < < <10 L <10 50 < < <10 L <10 40 < < <10 L <10 50 < < <10 L < <10 L < <0.5 < <10 L <10 60 < < <10 L <10 50 <0.5 < < <10 L <2 <10 50 < < <10 L <10 70 < < <10 L < <10 50 < < <10 L <10 50 < < <10 L <10 60 < < <10 L <10 80 <0.5 < < <10 L <10 60 < < <10 L <10 90 <0.5 < < <10 L <10 70 < < <10 L <10 60 < < <10 L <10 50 < < <10 L <10 40 < < <10 L < <10 90 <0.5 < < <10 L <10 60 < <10 L <10 40 < < <10 L <10 50 < < <10 L <10 60 < < <10 L < <0.5 < L <10 70 < < <10 L <10 40 < < <10 L <10 60 < < <10

77 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - B Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < <20 L < <20 L < < < <20 L < < <20 L < <20 L < < < <20 L < < <20 L < < < <20 L < < <20 L < < < <20 L < < <20 L < < < <20 L < < < < <20 L < < <20 L < <20 L < <20 L < < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L <20 L < <20 L < < < <20 L < < <20

78 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - C Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 <10 27 < L <10 <10 37 < L <10 < L <10 < L <0.01 <10 <10 29 < L <10 < <0.001 L <10 <10 35 < L <10 < L <10 <10 52 < L <10 <10 47 < L <10 < L <10 < L <10 <10 46 < L <10 < L <10 <10 62 < L <10 <10 55 < L <10 < L <10 < L <10 <10 73 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 57 < L <0.01 <10 <10 11 < L <10 <10 64 < L <10 < L <10 <10 64 < L <10 < L <10 < L <10 < L <10 <

79 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 6 - A Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 60 < < <10 L < <10 50 <0.5 < < <10 L <10 70 < < <10 L <10 80 < < <10 L <10 30 < < <10 L <10 30 < < <10 L < <10 70 <0.5 < < <10 L <10 30 < < <10 L <10 50 <0.5 < < <10 L <10 80 <0.5 < < <10 L < <0.5 < < <10 L <10 80 <0.5 < < <10

80 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 6 - B Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < < < <20 L < < <20 L < < < <20 L < <20 L < <20 L < <20

81 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 6 - C Nombre total de pages: 6 (A - C) Finalisée date: 13-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <0.01 <10 <10 21 < L <10 <

82 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 25-JUIL-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 83 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 6-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 LOG-23 CRU-QC PUL-QC CRU-31 SPL-21 PUL-31 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Entrée pulpe - Reçu avec code barre Test concassage QC Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

83 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 40 < < <10 L <10 40 < < <10 L <10 40 < < <10 L <10 30 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 < < <10 L < <0.5 < < <10 L <10 50 <0.5 < < L <10 50 <0.5 < < <10 L <10 40 < < L <10 50 < < L <10 40 < < <10 L <10 40 <0.5 < < L <10 40 <0.5 < < <10 L <10 30 <0.5 < < <10 L <10 30 <0.5 < < L < <10 80 <0.5 < < <10 L <10 50 <0.5 < < L <10 30 < < <10 L <10 40 < < <10 L <10 40 <0.5 < < L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 30 <0.5 < < <10 L <10 40 <0.5 < < <10 L < < L <10 40 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 <0.5 < < <10 L <10 40 < < <10 L <10 40 <0.5 < < <10 L <10 40 < < <10 L <10 40 < < <10 L <10 40 < < <10 L <10 80 <0.5 < < <10 L <10 30 < < L <10 20 < < L <10 30 < < <10

84 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < <20 L < <20 L < < <20

85 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 50 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 <

86 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - A Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 30 < < <10 L <10 30 <0.5 < < <10 L <10 20 < < <10 L <10 30 < < <10 L <10 40 < < L <10 40 < < L < <10 L <10 50 < < L <10 40 < < <10 L <10 40 <0.5 < < <10 L < <10 40 <0.5 < < <10 L < <10 40 <0.5 < < <10 L <10 20 < < <10 L <10 20 <0.5 < < L <10 10 < < <10 L <10 30 <0.5 < < <10 L < <0.5 < < <10 L <10 20 < < <10 L <2 <10 <10 < < <10 L <10 <10 < < <10 L <10 <10 <0.5 < < <10 L <10 <10 <0.5 < < <10 L <10 10 < < <10 L <10 50 < < <10 L < <0.5 < < <10 L < <10 30 <0.5 < < <10 L < < <10 L <10 10 <0.5 < < <10 L <10 <10 <0.5 < < <10 L <10 30 < < <10 L < < < <10 L < < <10 L < < <10 L <10 20 < <10 L <10 <10 < < <10 L <10 <10 < < <10 L <10 50 <0.5 < < <10 L <10 <10 < < <10 L <10 20 < < <10 L <10 40 < < <10

87 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - B Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < L < < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < <20 L < < < <20 L < < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20

88 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - C Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 57 < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 < L <10 <10 54 < L <10 < L <10 < L < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <

89 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - A Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 20 <0.5 < < <10 L <10 30 <0.5 < < <10 L <10 50 < < <10

90 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - B Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < <20 L < < < <20

91 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - C Nombre total de pages: 4 (A - C) Finalisée date: 25-JUIL-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 <

92 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 9-AOUT-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 98 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 13-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 CRU-QC PUL-QC CRU-31 SPL-21 PUL-31 LOG-23 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Test concassage QC Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um Entrée pulpe - Reçu avec code barre PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

93 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 40 < < <10 L <10 60 < < <10 L < < < <10 L < < <10 L < <10 L < < <10 L < < < <10 L < <0.5 < <10 L < < < <10 L < < < <10 L < < < <10 L < < < <10 L <10 90 <0.5 < < <10 L <10 70 <0.5 < < <10 L < <0.5 < < <10 L < < < <10 L < < <10 L < < <10 L < < < <10 L <10 70 <0.5 < < <10 L <10 40 < < <10 L <10 30 < < <10 L <10 40 < < <10 L < < < <10 L <10 40 < < <10 L <2 < < < <10 L <10 60 < <10 L <10 90 < < <10 L < < < <10 L <10 40 < < <10 L <10 60 < <10 L <10 50 < <10 L <10 40 < < <10 L < <10 80 <0.5 < < <10 L <2 <10 40 < < <10 L <10 30 < < <10 L < <2 <10 30 < < <10 L <2 < < < <10 L <10 60 < < <10 L <10 40 < < <10

94 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < <20 L < < <20 L < <20 L < <20 L < < <20 L < <20 L < <20 L < <20 L < <20 L < <20 L < <20 L < < <20 L < < < < <20 L < < <20 L < <20 L < <20 L < < <20 L < <20 L < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < <20 L < <20 L < <20 L < < <20 L < < < <20 L < < <20 L < <20 L < < < < <20 L < < <20 L < < <20 L < < < <20 L < < <20 L < <20 L < < < <20

95 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 <10 56 < L <10 < L <10 < L <10 < L <0.01 <10 <10 16 < L <0.01 <10 <10 12 < L <0.01 <10 <10 21 < L <0.01 <10 <10 18 < L < L <10 < L <10 < L <10 <10 64 < L <10 <10 72 < L <10 <10 60 < L <10 < L <10 < L <10 <10 55 < L <10 < L <10 <10 62 < L <10 < L <10 <10 55 < L <10 < L <10 < L <10 < L <10 < L <10 <10 91 < L <10 <10 55 < L <10 < L <10 <10 46 < L <10 <10 49 < L <10 < L <10 < L <10 < L <10 <10 42 < L <10 < L <10 < L <10 <10 58 <

96 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - A Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L < <2 <10 50 < < <10 L < < <10 L <10 60 < < <10 L < < L < <10 40 < < <10 L < <2 <10 80 < < <10 L <2 <10 40 < < <10 L <2 <10 40 < < <10 L <10 40 < < <10 L <2 <10 50 < < <10 L <2 <10 60 < < <10 L <2 <10 30 < < <10 L < < < <10 L < <10 80 <0.5 < < <10 L <2 <10 60 < < <10 L <2 <10 50 < < <10 L <10 60 < < <10 L <2 < < < <10 L < < < <10 L <10 60 < < <10 L <2 <10 60 < < <10 L <10 80 < < <10 L <2 < < < <10 L < <10 L < < < <10 L < < < <10 L < <2 <10 80 < < <10 L <2 < <0.5 < < <10 L <2 <10 80 < < <10 L <2 < < < <10 L < < <10 L < < < <10 L < < < <10 L <10 80 <0.5 < < <10 L < < < <10 L < < < <10 L <10 80 < < <10 L < < < <10 L <2 < < < <10 L < < < <10

97 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - B Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < <20 L < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20

98 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - C Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 <10 49 < L <10 <10 55 < L <10 < L <10 < L <10 < L <10 < L <10 <10 55 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 58 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L < L <10 < L <10 < L <10 < L <10 < L <10 < L < L <10 < L <10 < L <10 <

99 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - A Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L < < < <10 L < < < <10 L < < < <10 L < < <10 L <10 80 < < <10 L <2 < < < <10 L < < < <10 L < < < <10 L < < < <10 L <2 < < <10 L < < <10 L <2 < < < <10 L < <0.5 < < <10 L <10 80 <0.5 < < <10 L <2 < < < <10 L <2 < <0.5 < < <10 L < <0.5 < < <10 L < < < <10

100 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - B Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < <20 L < <20 L < <20 L < < <20

101 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - C Nombre total de pages: 4 (A - C) Finalisée date: 9-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 <10 53 < L <10 < L <10 < L <10 < L <10 < L <0.01 <10 <10 29 < L <10 <10 39 < L <0.01 <10 <10 41 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <

102 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 6-AOUT-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 33 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 14-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 PUL-QC CRU-31 SPL-21 PUL-31 LOG-23 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um Entrée pulpe - Reçu avec code barre PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

103 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 2 (A - C) Finalisée date: 6-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L < < < <10 L < <0.5 < < <10 L < <0.5 < < <10 L < < < <10 L < < < <10 L < <0.5 < L < <0.5 < < <10 L < < < <10 L < < < <10 L < <0.5 < < <10 L < <0.5 < < <10 L < < < <10 L < < <0.5 < < <10 L < < < <10 L < < < <10 L <10 80 <0.5 < < <10 L < < < <10 L < <0.5 < < <10 L < < < <10 L < <0.5 < < <10 L < <0.5 < < <10 L < < < <10 L <2 < <0.5 < < <10 L < < < <10 L < < < <10 L < < <10 L < <0.5 < < <10 L < < < <10 L < <0.5 < < <10 L <2 < < < <10 L < <0.5 < < <10 L < <0.5 < < <10 L < < < <10

104 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 2 (A - C) Finalisée date: 6-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < L < < <20

105 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 2 (A - C) Finalisée date: 6-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 31 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 56 < L <10 <10 44 < L <10 < L <10 < L <10 <10 42 < L <10 <10 43 < L <10 < L <10 <

106 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Page: 1 Finalisée date: 25-AOUT-2011 Cette copie a fait un rapport sur 9-NOV-2011 Compte: PAGMIN CERTIFICAT TR Projet: Icy Lake Bon de commande #: Ce rapport s'applique aux 135 échantillons de carotte forage soumis à notre laboratoire de Terrace, BC, Canada le 28-JUIL Les résultats sont transmis à: SONIA JEYACHANDRAN ROD OGILVIE DAVID VOLKERT CODE ALS WEI-21 LOG-22 CRU-QC PUL-QC CRU-31 SPL-21 PUL-31 LOG-23 PRÉPARATION ÉCHANTILLONS DESCRIPTION Poids échantillon reçu Entrée échantillon - Reçu sans code barre Test concassage QC Test concassage QC Granulation - 70 % <2 mm Échant. fractionné - div. riffles Pulvérisé à 85 % <75 um Entrée pulpe - Reçu avec code barre PROCÉDURES ANALYTIQUES CODE ALS DESCRIPTION INSTRUMENT Au-ICP21 Au 30 g FA fini ICP-AES ICP-AES ME-ICP41 Aqua regia ICP-AES 35 éléments ICP-AES À: PAGET MINERALS CORPORATION ATTN: DAVID VOLKERT Ce rapport est final et remplace tout autre rapport préliminaire portant ce numéro de certificat. Les résultats s'appliquent aux échantillons soumis. Toutes les pages de ce rapport ont été vérifiées et approuvées avant publication. Signature: Colin Ramshaw, Vancouver Laboratory Manager

107 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - A Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 20 <0.5 < < <10 L <10 30 < <10 L < <0.5 < <10 L <10 60 <0.5 < <10 L < < <10 L <10 20 <0.5 < < <10 L < <0.5 < <10 L < <0.5 < <10 L <10 50 <0.5 < < <10 L < <0.5 < < L <10 80 <0.5 < <10 L <10 50 <0.5 < < L <10 70 <0.5 < < <10 L < <0.5 < < L < <10 70 <0.5 < < <10 L <10 70 <0.5 < < L <10 80 < < <10 L <10 60 < <10 L <10 40 <0.5 < < <10 L <10 50 <0.5 < < <10 L <10 40 < < <10 L < <10 40 <0.5 < < <10 L <10 40 < < <10 L < < < <10 L < L <10 90 < < <10 L <10 50 <0.5 < < L <10 40 < < <10 L <10 30 <0.5 < < <10 L <10 30 < < <10 L <10 50 < < <10 L <10 60 < < <10 L < <10 20 <0.5 < < <10 L <10 30 <0.5 < < <10 L <10 70 <0.5 < < <10 L <10 60 < < <10 L <10 40 < < <10 L <10 40 <0.5 < < <10 L <10 30 < < <10 L <10 30 <0.5 < < <10

108 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - B Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < <20 L < < <20 L < <20 L < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < < <20 L < < <20 L < < < < <20 L < < <20 L < < < <20 L < < <20 L < < < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L <20 L < < < <20 L < < < <20 L < < < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20

109 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 2 - C Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 <10 37 < L <10 <10 24 < L <10 <10 86 < L <10 <10 55 < L <10 <10 88 < L <10 <10 57 < L <10 < L <10 < L <10 < < L <10 < < L <10 < < L <10 < L <10 < < L <10 < L <10 < < L <10 < L <10 < L <10 < < L <10 <10 73 < L <10 <10 63 < L <10 <10 51 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 43 < L <10 < L <10 <10 49 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 < L <10 <10 37 < L <10 < L <10 <

110 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - A Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 20 <0.5 < < <10 L <10 30 <0.5 < < <10 L <10 40 < <10 L <10 30 < <10 L < <0.5 < < <10 L <10 40 < < <10 L < < <10 L <10 30 < < L <10 50 < < <10 L <10 30 < < <10 L <10 20 < < <10 L <10 30 < < <10 L <10 30 <0.5 < < <10 L <10 20 < < <10 L <10 70 <0.5 < < <10 L <10 70 < < <10 L <10 30 < < <10 L <10 40 < < <10 L <10 40 < <10 L <10 30 < < <10 L <2 <10 20 < < <10 L <10 30 < < <10 L <10 50 < < <10 L < <10 30 <0.5 < < <10 L <10 50 < L < < <10 L <10 40 < < <10 L <10 40 < < <10 L <10 40 < <10 L <10 60 < L <10 40 < < L <10 30 <0.5 < <10 L <10 30 < < <10 L <10 20 <0.5 < < L <10 70 < < <10 L <10 30 <0.5 < < <10 L <10 20 < < <10 L <10 20 < < <10 L <10 30 < < <10 L < <10 40 <0.5 < < <10

111 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - B Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < <20 L < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < <20 L < < < < <20 L < < < < <20 L < < < <20 L < < < <20 L < <20 L < < < <20 L < < < <20 L < < < <20 L < < <20 L < < < < <20 L < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < < < <20 L < < < < <20 L < < <20 L < < < <20 L < < < <20 L < < < <20

112 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 3 - C Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 < L <10 < L <10 <10 49 < L <10 < L <0.01 <10 <10 26 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 < L <10 <10 45 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 <10 72 < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 < L < L < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < L <10 < L <10 <10 45 < L <10 <10 60 <10 22 <0.001

113 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - A Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <10 30 <0.5 < < L < < < L < <0.5 < < <10 L < <2 < <0.5 < < <10 L < < < <10 L <10 80 < < L < <10 L < < < <10 L <10 50 < L < <10 L <10 20 < < L <10 30 < < L <10 30 < < <10 L <10 20 < < <10 L <10 70 <0.5 < < <10 L <10 30 < < <10 L <10 40 < < <10 L <10 70 < < L < <10 50 < < <10 L <2 <10 40 <0.5 < < <10 L <10 60 < < L <10 50 <0.5 < < <10 L <2 < < < <10 L <2 <10 80 <0.5 < < <10 L < <0.5 < <10 L <2 <10 70 <0.5 < < <10 L < <2 <10 70 <0.5 < < <10 L < <2 < <0.5 < < <10 L < <2 <10 80 < < <10 L <2 <10 90 < < <10 L < <2 < <0.5 < < L <10 50 <0.5 < < <10 L <10 50 < < <10 L <10 30 < < <10 L <2 <10 70 < < <10 L <2 < < < <10 L <10 40 < < <10 L < <2 <10 90 < < <10 L <2 < < < <10 L <2 < < < <10

114 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - B Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < < <20 L < < < <20 L < < <20 L < <20 L < < <20 L < < < <20 L < <20 L < < < <20 L < <20 L < < <20 L < < < <20 L < < < <20 L < < <20 L < < < <20 L < < < < <20 L < < < <20 L < < <20 L < < <20 L < < < < <20 L < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < <20 L < < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20

115 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 4 - C Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 < L <10 < L <10 <10 77 < L <10 <10 98 <10 38 <0.001 L <10 <10 50 < L <10 < < L <0.01 <10 <10 56 < L <10 < < L <10 < < L <10 < < L <10 < L <10 < L <10 < L <10 < L <10 < <0.001 L <10 < L <10 < <0.001 L <10 < < L < L <10 <10 22 <10 10 <0.001 L <10 < L <10 < < L <10 <10 54 < L <10 <10 48 < L <10 <10 54 < L <10 < < L <10 < L <10 < < L <10 < < L <10 < < L <10 < < L <10 <10 19 < L <10 < < L <10 < < L <10 < <0.001 L <10 <10 15 < L <10 < L <10 <10 40 < L <10 < < L <10 < <

116 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - A Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. WEI-21 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Poids reçu Ag Al As B Ba Be Bi Ca Cd Co Cr Cu Fe Ga kg ppm % ppm ppm ppm ppm ppm % ppm ppm ppm ppm % ppm L <2 < < < <10 L <10 20 < < <10 L <10 30 < < <10 L < < < <10 L < <0.5 < <10 L < < < <10 L < < < < <10 L <2 <10 60 < < <10 L < <10 60 < < <10 L < < <10 L <10 50 < <10 L <10 30 <0.5 < < <10 L <10 90 < < L <2 < <0.5 < < L <2 <10 70 <0.5 < < <10

117 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - B Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Hg K La Mg Mn Mo Na Ni P Pb S Sb Sc Sr Th ppm % ppm % ppm ppm % ppm ppm ppm % ppm ppm ppm ppm L < < <20 L < < < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < < <20 L < < <20 L < <20 L < < <20 L < <20 L < < < < <20 L < < < <20 L < < < <20

118 ALS Canada Ltd Dollarton Hwy North Vancouver BC V7H 0A7 Téléphone: Télécopieur: À: PAGET MINERALS CORPORATION Projet: Icy Lake Page: 5 - C Nombre total de pages: 5 (A - C) Finalisée date: 25-AOUT-2011 Compte: PAGMIN CERTIFICAT D'ANALYSE TR Description échantillon Méthode élément unités L.D. ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 ME-ICP41 Au-ICP21 Ti Tl U V W Zn Au % ppm ppm ppm ppm ppm ppm L <10 <10 58 < L <10 < L <10 < L <10 <10 52 < L <10 <10 51 < L <10 <10 34 < L <10 < < L <10 < L <10 < < L <10 < L <10 < < L <10 < < L <10 < < L <10 < < L <10 < <0.001