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012H/10/2270

1st Year Assessment Report

(Research and Prospecting)

On the

Giles Pond Property

White Bay, Sops Arm Area of Newfoundland

Licence #021778M, NTS 12H/10

Zone 21 Newfoundland and Labrador

Submitted by:

Darrin Hicks

January, 2015

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Table of Contents

Page Introduction 3 Location and Access 3 Regional and Local Geology 7 Historic Exploration 8 Present Exploration 9 Conclusion and Recommendations 11 References 14

List of Figures

Figure 1.Geological Map Index – Newfoundland 4 Figure 2.Claims Map 5

Figure 3.Simplified Geology of Newfoundland 6 Figure 4. Local Geology Map 7 Figure 5. Sample Location Map 10

List of Appendices

Appendix 1.Personnel and man days Appendix 2.Statement of Expenditures

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Introduction The Giles Pond property consists of 4 claims in one licence #021778M on NTS 12H/10.(See figure 1 and 2) The property was staked to evaluate the gold and base metal potential of the Giles Pond property, White Bay, Sops Arm area of Newfoundland. Two historical gold occurrences known as “Road Showing” and “Cliff Zone” are within license #021778M. (See figure 2.) Location and Access The property is located on the west side of White Bay which occupies the south-eastern part of the Great Northern Peninsula. The property is in the Sops Arm area of Newfoundland approximately 3 kilometres west of Pollard’s Point. The license begins at the Northeast corner of the herein described parcel of land, and said corner having UTM coordinates of 5 510 000 N, 505 000 E; of Zone 21; thence South 1,000 metres, thence West 1,000 metres, thence North 1,000 metres, thence East 1,000 metres to the point of beginning. All bearings are referred to the UTM grid, Zone 21. NAD27. The property is accessible from Route 420 via TCH. Route 420 transects the property therefore providing easy access but the area in general is rugged with steep relief in areas.

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FIGURE 1.GEOLOGICAL MAP INDEX

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FIGURE 2.CLAIMS MAP

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FIGURE 3.SIMPLIFIED GEOLOGY OF NEWFOUNDLAND

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Regional and Local Geology The property is located on the eastern side of the Humber Zone of the Newfoundland Appalachians (See figure 3).The principal rocks are Silurian bimodal volcanics, marine siliciclastics and calarenites of the Sops Arm Group. Green schist-grade metamorphism and a penetrative cleavage were developed during the Acadian Orogeny. Major faults in the area, including the Doucers Valley and Birchy Ridge Faults were active during the Acadian Orogeny and are believed to be linked to mineralization in the area. The property is underlain by siliciclastics non-marine volcanic mafics, volcanic felsic, and conglomerates.(See Figure 4)

FIGURE 4. LOCAL GEOLOGY MAP

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Exploration History Exploration began in 1898 with prospecting and driving of several adits on the Browning property resulting in 149 ounces of gold yielded from 1000 tons of quartz vein ore making it the first gold producer in Newfoundland. (The Browning property is located just east of the Giles Pond property.) By 1904, legal disputes closed the Browning property. During the 1930’s other gold prospects were discovered within a 5klm of the Browning mine. The most notable being Simms Ridge where a bulk sampling showed limited tonnage grading 0.04 oz/ton Au . All showings were associated with quartz veining and felsite dyke intrusion in Silurian volcanic sand sediments. The prospects were examined several times during 1930’s to 1940’s but with no detailed geological exploration undertaken during that time. The During 1950 to 1984, Brinex held a large land possession over the Jackson’s Arm/Sops Arm area but it had never been systematically explored. Brinex dropped the concessions and Esso Minerals Canada staked a large land position in the area consisting of 281 claims. Reconnaissance sampling produced a number of anomalous areas and showings. The Cliff Zone was one of the anomalous areas. A more thorough field program was carried out during 1986 which consisted of geological mapping, soil and till sampling and trenching. In 1986, rock sampling from the Cliff Zone returned values of up to 3.05 g/t Au over 1 klm section. Till sample from 4 test pits returned over 3.6g/t Au and sampling of heavy mineral concentrates from the Cliff Zone returned values ranging from 2765ppb Au to 7590ppb Au.

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Another area, Road Showing, returned anomalous values of Au (up to 340ppb), Pb (up to 1250ppm), Cu (up to 19ppm), Zn (up to 573ppm), and Ag (up to 3.1ppm). Present Exploration Another prospector and I spent several days examining a cliff near the Road Showing Zone. The main focus was to search for quartz veins carrying sulphides. Only narrow quartz veins were found in the cliff. Eleven rock samples were taken from the narrow quartz veins. Samples were sent to Eastern Analytical in Springdale for ICP-34+Au analyses. Analyses returned anomalous gold up to 1.2g/t Au. One sample required ore grade analysis for lead and silver. Ore grade results returned 0.55%Pb and 12g/t Ag.

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FIGURE 5: SAMPLE LOCATION MAP

SAMPLE ID NORTHERN EASTERN RESULTS

SOP-379-14 5509549 0504385 5ppb Au

SOP-379A-14 5509549 0504385 16ppb Au

SOP-379B-14 5509549 0504385 813ppb Au

SOP-379C-14 5509549 0504385 29ppb Au

SOP-379D-14 5509549 0504385 .55%Pb,12g/t Ag

SOP-380-14 5509553 0504401 47ppb Au

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SOP-381-14 5509544 0504386 1201 ppb Au

CA-12-212 5509555 0504388 283ppb Au

CA-12-219 5509557 0504390 362ppb Au

CA-12-220 5509560 0504392 174ppb Au

CA-12-220A 5509560 0504392 182ppb Au

Conclusion and Recommendations The historical exploration results certainly show the property requires more exploration and hold potential. Future prospecting should include more traditional prospecting, soil sampling and possibly some trenching.

1 of 1 Au Fire Assay / ICP Geochemistry Certificate

Client: Darrin HicksGeologist:Project: SOPSample: Rock Signed by:______________________

DskFile: 192-1407286 Results apply to samples as submitted.Email: info@easternanalytical.ca

DateIn: June 23, 2014 P.O. Box 187 Concentrations in assay range may cause DateOut: July 02, 2014 403 Little Bay Road Springdale, NL A0J 1H0 interferences in associated elements.

Phone: 709-673-3909 / Fax: 709-673-3408 ISO 17025------------------------------- --------------------- --------- --------- ---------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- ---------Sample Au Ag Al As Ba Be Bi Ca Cd Ce Co Cr Cu Fe Hg In K La Mg Mn Mo Na Ni P Pb S Sb Se Sn Sr Ti U V W Zn Number ppb ppm % ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm % ppm % ppm ppm % ppm % ppm % ppm ppm ppm ppm % ppm ppm ppm ppm------------------------------- --------------------- --------- --------- ---------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- --------- ---------Blank 5 --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---Std GS - 2M 2029 --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- --- ---Blank --- <0.2 0.01 <5 <10 <0.5 <2 0.01 <0.5 <10 <1 1 <1 <0.01 1 <1 0.07 <10 0.01 <5 <1 0.01 <1 <0.01 <5 <0.01 <5 <1 <20 1 <0.01 <1 <1 <10 <2STD LKSD-2 --- 0.6 >5.50 <5 188 0.9 <2 0.55 0.7 96 14 25 39 2.75 <1 <1 0.27 43 0.97 2115 <1 0.15 19 0.12 29 0.16 15 12 <20 29 0.50 7 68 <10 192SOP-379-14 5 0.3 3.00 49 54 0.5 <2 0.04 <0.5 15 1 144 50 1.05 <1 <1 0.25 <10 0.08 289 <1 0.34 5 0.01 113 0.35 8 13 <20 6 0.04 1 3 <10 68SOP-379A-14 16 <0.2 3.18 92 59 0.5 <2 0.03 0.6 13 2 134 9 1.69 <1 <1 0.28 <10 0.06 207 1 0.34 6 0.01 12 1.20 <5 10 <20 5 0.03 2 3 <10 23SOP-379B-14 813 0.6 3.14 117 53 <0.5 <2 0.36 1.0 15 10 125 12 3.23 <1 <1 0.27 <10 0.12 439 1 0.30 9 0.07 166 3.84 8 4 29 28 0.03 5 3 <10 146SOP-379C-14 29 2.8 3.56 <5 85 0.5 <2 0.21 <0.5 21 2 96 8 1.21 <1 <1 0.39 <10 0.16 248 3 0.38 4 0.02 951 0.77 10 29 <20 17 0.05 3 3 <10 30SOP-379C-14 DUP-P 30 2.8 3.78 35 88 0.6 <2 0.21 <0.5 21 1 98 9 1.26 <1 <1 0.39 <10 0.16 254 3 0.39 6 0.02 953 0.81 <5 <1 <20 18 0.05 2 4 <10 32SOP-379D-14 74 >6.0 2.30 <5 48 <0.5 <2 0.14 0.5 17 1 197 10 0.89 <1 <1 0.23 <10 0.10 173 <1 0.40 5 0.01 >2200 0.59 15 7 <20 12 0.03 2 2 <10 84SOP-380-14 47 0.2 4.62 163 63 0.5 <2 0.06 1.0 <10 2 259 12 2.79 <1 <1 0.34 <10 0.08 167 7 >0.50 9 0.02 56 3.28 7 15 <20 8 0.04 3 4 <10 81SOP-381-14 1201 0.2 4.98 50 58 0.5 <2 0.30 <0.5 12 3 199 6 1.45 <1 <1 0.42 <10 0.12 231 6 >0.50 6 0.03 33 1.10 15 6 23 27 0.05 2 2 <10 6

1 of 1 Assay Certificate

Client: Darrin HicksGeologist:Project: SOPSample: Rock Signed by:_____________________

DskFile: 192-1407330 Results apply to samples as submitted.Email: info@easternanalytical.ca

DateIn: June 23, 2014 P.O. Box 187DateOut: June 30, 2014 403 Little Bay Road Springdale, NL A0J 1H0

Phone: 709-673-3909 / Fax: 709-673-3408 ISO 170------------------------ ------------------- -------------- -------------- -------------- -------------- -------------- --------------------------------------------------------------------------------------------------------------------------------

SAMPLE Pb AgNUMBER % g/t

------------------------ ------------------- -------------- -------------- -------------- -------------- -------------- --------------------------------------------------------------------------------------------------------------------------------BLANK 0.01 0.1STD FCM-6 1.56 162.8STD FCM-7 0.63 64.5STD MP-1b 2.18 49.3STD CCU-1d 0.26 ---SOP-379D-14 0.55 12.0

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APPENDIX 2

Personnel and man days NAME RESIDENCE DAILY RATE WORK DAYS Darrin Hicks Milltown, NL $100.00 3 Tom Mclennon Grand Falls $200.00 3

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APPENDIX 3

Statement of Expenditures Research/Compilation 4 days@ $100.00/day $400.00 Report Preparation 3 days@ $100.00/day $300.00 Prospecting (Darrin) 3 days@ $100.00/day $300.00 Prospecting (Tom) 3 days@ $200.00/day $600.00 Accommodations $291.54 Vehicle Expense 3 days@ $60.00/day $180.00 Fuel expense $150.00 Assay Expense $476.20 Meals $120.00 Subtotal $2817.74 Overhead 15% $422.66 TOTAL $3240.40

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REFERENCES McKenzie, C B 1985: First year assessment report on geological, geochemical and diamond drilling exploration for licence 2522 on claim blocks 3304-3309 in the Sops Arm area, Newfoundland. Selco Division-BP Resources Canada Limited Unpublished report, 138 pages. [GSB# 012H/10/0931] Smyth, W R and Schillereff, S 1981: Geology and mineralization of SW White Bay, western Newfoundland. In Preliminary project reports for 1981. Mineral Development Division, Department of Mines and Energy, Government of Newfoundland and Labrador Preliminary Progress Reports, pages 34-36. [GSB# NFLD/1254] Tuach, J 1987: Mineralized environments, metallogenesis, and the Doucers Valley Fault Complex, western White Bay: a philosophy for gold exploration in Newfoundland. In Current Research. Mineral Development Division, Department of Mines and Energy, Government of Newfoundland and Labrador Report 87-01, pages 129-144. [GSB# NFLD/1667] O'Sullivan, J R 1986: First year assessment report on prospecting, geological, geochemical, geophysical, trenching and diamond drilling exploration for licence 2675 on claim block 13971-13972, licence 2691 on claim block 13982, 15508-15512, licence 2695 on claim block 15295, 15297-15299, 15501-15505, licence 2696 on claim block 15506-15507, licence 2700 on claim block 4087-4090, licence 2763 on claim block 4633, licence 2674 on claim block 2754, licence 2690 on claim block 13980-13981, 15278-15284, 15524, licence 2708 on claim blocks 2755-2757, licence 2692 on claim 15294, licence 2693 on claim 15285, licence 2694 on claims 15513-15523, licence 2714 on claim 15533 and licence 2822 on claim 15376 in the Pollards Point area, Newfoundland. Morgain Minerals Incorporated, Orcana Resources Incorporated, and Redaurum Red Lake Mines Limited Unpublished report, 186 pages. [GSB# 012H/0940]