diamond drill report on the wolf mountain property...thunder bay, ontario. the claims are located in...

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I I I I I I I I I I I I I I I I I I I 2.47594 Diamond Drill Report on the Wolf Mountain Property Drill holes SGW09-01 , SGW1 0-02, 03, 04, and 05. .. Pamher "' ,y Mining CorP. Thunder Bay Mining Division, Ontario Leckie Lake Area Province of Ontario G. Gibson and R. S. Middleton February 2011 2489 Bellevue Avenue, West Vancouver, British Columbia Y7V IE I ! I GEOSCIENCE OFFI CE

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Page 1: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

I I I I I I I I I I I I I I I I I I I

2.47594

Diamond Drill Report

on the

Wolf Mountain Property

Drill holes SGW09-01 , SGW1 0-02, 03, 04, and 05.

.. ~Black Pamher "' ,y Mining CorP.

Thunder Bay Mining Division, Ontario Leckie Lake Area

Province of Ontario

G. Gibson and R. S. Middleton

February 2011

2489 Bellevue Avenue, West Vancouver, British Columbia Y7V IE I

~EB ! I ~Jq

GEOSCIENCE ASS~SSMEI~T OFFI CE

Page 2: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Table of Contents

Introduction Purpose Property Location Claim Status

Previous Work Regional & Property Geology Dates and Figures Results:

SGW09-01 SGW10-02 SGW10-03 SGWI0-04 SGW10-05

Conclusions and Recommendations

Analysis Methodology Summary of Costs References Statement of Qualifications

Tables and Figures

Table 1. Claim Status Table 2. Lithologies observed in the Seagull drill core Table 3. Summary of drill holes.

Figure 1. Location Map Figure 2. Claim Contiguity Map Figure 3. West Nipigon Embayment Geology Figure 4. Drill Hole Location Map with Total Field Magnetics

Appendix I - Drill logs

Appendix II - Certificates of Analysis.

. :~Black Panther , ,y Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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2

3 3 3 5

6 10 14 15 19 19 19 19 20 23

23 24 25 30

3 17 19

4 Following 5

11 Following 18

Page 3: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Introduction

This report is a summary of diamond drill work carried out on the Wolf Mountain Property which is owned by Rainy Mountain Royalty Corporation and Trillium North Minerals Limited. Operator on the property is Black Panther Mining Corporation (the Company) with offices at 2489 Bellevue Avenue, West Vancouver, B.C. V7V lEI. The report is submitted for the purpose of assessment. The winter 20 I 0 drill program was designed to test for possible undiscovered platinum and palladium (PGE) mineralization in an area approximately 400m west ofthe Seagull ultramafic intrusion.

Purpose

In September, 2009 the Company announced that a significant detailed magnetic survey had been flown over the west section of the Wolf Mountain Property (data acquired and processed by Terraquest Ltd.). The survey located features that are interpreted by the Company's geologists as being potential feeder dikes to the Seagull Intrusion (and possible northward extensions of dikes occurring on the Magma Metals property, located I 0 km south ofthe Seagull property). Subsequent mapping and prospecting located outcrops of ultramafic dike-like bodies, as well as boulder fields of ultramafic rocks typical of the host rocks that contain the PGE values in both the Seagull Intrusion and in the Magma Metals discovery.

Five angle drill holes were designed to test 5.25 km along a prominent north northwest trending linear magnetic anomaly within the Wolf Mountain Property - considered to be a possible expression offeeder dikes located immediately west of the Seagull intrusion.

Property location

The Wolf Mountain Property is located approximately 90 kilometres north-northeast of Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay) and 052A15 (Greenwich Lake) within llTM zone 16. Access to the property is gained by travelling 45 km north on highway 527 from highway 17, 22 km along the gravel Dorion Cut-off (Wolf Lake Road), and then north along the dirt/gravel Anders Lake Road which passes through the centre of the property. The majority of drilling is located approximately 14 km north of the junction of the Dorion Cut­off Road and Anders Lake Road.

. :~Black Panther ' v Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

Page 4: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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I I I I I · r~~ON ·

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I NIPIGON

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Figure 1. Location Map of the WolfMountain Property

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• -~Black Panther " ..:.; Mmmg Corp_ 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

I

Page 5: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Claim Status

The drilling was carried out on mining claims with claim status as follows:

THUNDER BAY Mining Division -128645- RAINY MOUNTAIN ROYALTY CORPORATION

• -~Black Panther ',y Mming CorP.

Table 1: Wolf Mountain Property

2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

Page 5

Page 6: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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BLACK PANTHER MINING CORPORATION

Wolf Mountain Property SEAGULL PROJECT

CLAIM CONTIGUITY

MAP

Fig. 2

kilometers

1 2 3

Scale 1:50,000

revised 14 Feb 2011

4

Page 7: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Previous Work

The Wolf Mountain Property originally consisted of 42 unpatented mmmg claims, comprising 22,080 acres covering the 9 by 8 km, mafic-ultramafic Seagull Intrusion. The property is located approximately 90 kilometres north-northeast of Thunder Bay on Lake Superior. Avalon Ventures Ltd. ("Avalon") acquired the original claims in the fall of 1997 under an option agreement with a local prospector to earn a 100% interest in the property. Additional claims were staked and the property was subsequently joint-ventured with Avalon (50%) by East West Resource Corporation (25%) ("East West") and Canadian Golden Dragon Ltd. (25%) ("Golden Dragon", later renamed "Trillium North Minerals Ltd") in the spring of 1999. In fall, 2000, East West and Golden Dragon vested their combined 50% interest and indicated their intention to increase their combined interest to 60% and assume operation of the project. This was realized in 200 I, and the Companies continued the exploration. On January 15, 2004, the Companies announced that the remaining interests of Avalon Ventures Ltd had been purchased. In September 2004, Platinum Group Metals Ltd was granted an option on the Seagu II property. The option was returned to East West Resource Corporation and Canadian Golden Dragon Resources Ltd in April, 2006.

1998: Avalon Ventures Ltd. carried out Phase I Exploration Program, consisting of line cutting (200m spacing for a total of 16.8km), ground magnetometer survey covering the complete cut grid. Trenching, soil and rock geochemistry (176 assay samples and 9 whole rock analysis), and thin section work were also carried out. The program confirmed the presence of an ultramafic body with an anomalous zone of PGE mineralization being identified from channel sampling in a number of the trenches (Osmani and Rees, 1998A).

1998: Avalon Ventures Ltd. Carried out Phase II Exploration Program, consisting of infill line cutting (1OOm spacing) and expansion of the existing grid (total of 61.5km) with ground magnetometer survey on the new lines. In addition diamond drilling (eight drill holes totalling 1272 metres) and auger drilling with sampling (700 samples, 652 core samples and 48 black sand samples) was carried out. Seven drill holes (Table I) were to test the Central zone mineralization, and one drill hole to test the south zone. All drill holes intersected ultramafic and mafic lithologies. All drill holes except WM98-02 were stopped in the Nipigon Sill. Anomalous PGE's were encountered in all the drill holes (Osmani and Rees, 19988).

February 2000: Airborne Megatem test EM Survey flown by Fugro Airborne Surveys, 4 north-south lines.

May 2000: Diamond Drill program consisting of 2 drill holes and two drill hole extensions totalling 1997 metres. Drilling commenced with drill hole WM00-01 which intersected basal PGE mineralization at 719m. This was followed by the deepening of drill hole WM98-05 which also intersected basal mineralization and a zone of anomalous mineralization further up in the drill hole. WM00-02 was then drilled east of WM00-0 1 and intersected Archean basement at 359m with anomalous PGE values observed at the basal contact. Drill hole WM98-02 was then deepened to Archean basement with anomalous PGE values occurring sporadically throughout the drill hole (Caven, 2000)

_.c-~ Black Panther ·--.y) Mimng Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

Page 8: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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July 2000: Geological Report by Pyke, D.R. and Cunnison, K.M.

August 2000: Down hole Mise a Ia Masse EM survey on drill hole WM00-03 and WM00-05.

September 2000: Grid mapping carried out by R. Tweedie and B. Durham.

October 2000: Diamond Drill program consisting of 8 drill holes totalling 5060 metres was carried out to test the magnetic inversion modeling which had been carried out on the property and indicated the potential for a deeper central section of the intrusion (Caven, 2001). Drilling identified a deep ultramafic section of the intrusion (~800m) with PGE mineralization occurring at the basal contact of the intrusion with the Archean basement lithologies. Sporadic anomalous PGE values were also noted throughout the rest of the intrusion.

October 2000: Line cutting totalling 40km at 200 and 400 metre spacing.

November 2000: Ground magnetometer survey (40km)

2000 to 2002: East West Resource Corp, Canadian Golden Dragon Resources Ltd and Avalon Ventures Ltd. carried out a diverse exploration program summarized by Pettigrew (2002,) consisting of the following:

March 2001: Surface induced polarization survey (19.4km)

June 200 I: Down hole magnetic and physical property logging carried out by Crone Geophysics and Exploration Ltd. (drill holesWM98-02, 05 WM00-01, 05 and 08).

August 2001: Airborne Megatem EM Survey flown by Fugro Airborne Surveys.

April 2002: Airborne Magnetic survey flown by Terraquest Ltd. at I OOm spaced lines totalling 905 kilometres.

2003: Lakehead University carried out a study looking at mineralogy and petrology of the Seagull Intrusion (Heggie and Hollings, 2003) and sulphur saturation in the intrusion (Kissin, 2003).

2003: Ontario Geological Survey carried out a province wide sampling and compilation of mafic to ultramafic bodies and associated mineralization with samples from Seagull Intrusion (Vaillancourt et al., 2003).

2004: East West Resource Corp. and Canadian Golden Dragon Resources Ltd. resampled existing core from drill holes WM00-05, 07, WMOI-08, 09 and 10 (Middleton, 2004) further defining stratabound mineralization hosted within the central ultramafic core ofthe intrusion.

-~Black Panther \ -.:/J Mininy Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

Page 9: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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2004: Platinum Group Metals Ltd. contracted a ground gravity survey to be conducted over the property by Abitibi Geophysics. The survey identified a large gravity anomaly to the north east ofthe mineralized area.

2004: Ontario Geological Survey, carried out a geological mapping program over the property in conjunction with the Lake Nipigon Regional Geoscience Initiative (Hart and Magjarosi, 2004, Hart and Whaley, 2004)

2004-2005: Platinum Group Metals Ltd. optioned the property from East West Resource Corp. and Canadian Golden Dragon Resources Ltd. and carried out a 12 drill hole, 4116.3 metre drilling program (drill holes WM04-11, 12, 13, 14, 15, 16, 17, WM05-18, 19, 20, 21, 22.):

Drill holes WM04-11, 12 and 13 tested the intrusion to the south of the mineralization and encountered relatively flat lying sequences of pyroxene gabbro and peridotite, underlain by Sibley Group Metasediments unconformabley lying on Archean basement. No significant PGE mineralization was observed in the drill holes.

Drill holes WM04- 15 and 16 tested the east side of the mineralization and encountered thicker sections of mafic intrusive litholiges and two intrusive gabbroic sills. Sibley Group Metasediments where again observed in both drill holes lying unconformabley on Archean basement. No significant PGE mineralization was observed in the two drill holes.

Drill hole WM04-14 and WM04-21 were drilled on the east side of the intrusion to test a gravity and coincident and magnetic anomaly. Both drill holes encountered a series of mafic to ultramafic phases with two later stage gabbroic sills crosscutting. This was followed by Sibley Group Metasediments, which exhibited localized skarn development (magnetite and epidote) with copper and gold mineralization. This sequence is laying unconformabley on Archean Basement. No significant PGE mineralization was observed in the two drill holes.

Drill holes WM04-17 through WM05-20 and WM05-22 were drilled to test PGE mineralization north east of the mineralized area previously identified. All five holes intersected ultramafic lithologies ranging in thickness up to 494m with narrow PGE mineralized zones being recognized in all of the drill holes.

2005: Lakehead University, completed research on the mineralization, mineral chemistry and whole rock geochemistry ofthe Seagull Intrusion (Heggie, 2005).

2006: Lake Nipigon Region Geoscience Initiative completed a miscellaneous releases covering U/Pb geochronology results, determining three ages for the Seagull Intrusion ranging from 1112.8 ± 1.4Ma to 1124.3 ±4.8Ma with the cross cutting diabase sill at 1113.7±9.0Ma (Heaman and Easton, 2006). An open file report was completed looking at the mineralized PGE horizons and their relationship to sulphur saturation in the intrusion (Kissin et a!., 2006).

. :~Black Panther ' .J · Mmmy Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

Page 10: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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2006: East West Resource Corporation and Canadian Golden Dragon Resources Ltd. carried out a 3 drill hole, 2073 metre drilling program (drill holes WM06-23, 24, 25.). The spring 2006 drill program was tested the platinum and palladium mineralization (both basal contact mineralization and stratabound mineralization) in the ultramafic core of the intrusion. The holes encountered both zones of PGE mineralization (stratabound and basal mineralization). All three drill holes exhibited stratabound PGE mineralization observed in previous drilling (1998, 2000-2001; Heggie, 2005 and 2004-2005; Wagner, 2005a,b) and shows the continuation of the mineralized PGE horizons outward from the initial drilling to the mineralization identified northward in the 2004-2005 drilling (Wagner, 2005a,b ):

Drill hole WM06-23 intersected several lithologies of which a unit from 129.5 to 150 m contained elevated PGE's (259 ppb Pt+Pd), and an interval of stratabound PGE mineralization from 465 m to approximately 513m within a dunitic unit. Below the dunitic unit the intrusion changes to a peridotite followed by a melanogabbro which hosts the basal PGE mineralization to 719.25 m, below which there is no significant mineralization.

Drill hole WM06-24 found a rock with dunitic composition at about 350m, and within which there is the stratabound PGE mineralization from 410 m to 417 m. Mineralization consisted of a weighted average of 0.23 ppm Pt+Pd over 2.28 m. This is followed by a peridotite unit (595 - 620 m) followed by a feldspatic peridotite to feldspatic pyroxenite hosting the basal mineralization zone with a weighted average of 0.63 ppm Pt+Pd over 12m.

Drill hole WM06-25 also intersected three PGE horizons, two of which were in the peridotite and the third near the basal contact. The first horizon occurs at 314 m with a narrow 1.4 m zone with a weighted average of 0.29 ppm Pt+Pd. The second horizon from 390 to 438 m contains an interval of 1.98 m with average of 1.06 ppm Pt+Pd, and another 5.42 m with 1.78 ppm Pt+Pd (including an one metre interval with 2.93 ppm Pt+Pd). In the basal zone was an interval of2.55 m with a weighted average of0.73 ppm Pt+Pd.

A summary of the drilling results is found in Appendix B, based on information from the website: www.eastwestres.com, and news releases.

• -~Black Panther ~· ..y Mining Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

Page 11: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Regional & Property Geology

The Mesoproterozoic Nipigon Embayment has been interpreted to be an aulacogen or failed rift of the Keweenawan Midcontinental Rift System since it contains similarities to global rift systems; contains the contemporaneous chalcophile-depleted Osler Volcanic Group flood basalts and St. Ignace rhyolites that are fed by fissure systems oriented parallel to the belt axis as evidenced by northnorthwest oriented feeder diabase dikes on St. Ignace Island; contains the presence of deep crust beneath the central part of the Embayment; shows large positive gravity anomalies indicative of plume activity in the rift and contains bounding normal block faults that control rift-filling Sibley sedimentation such as the Black Sturgeon Fault (Franklin eta!., 1980; Sutcliffe, 1987; Smyk, 2006).

The Seagull intrusion is an ultramafic-to-gabbroic layered intrusion that intruded along one of the north-south oriented faults that control the overall tectonism in the Nipigon Embayment as seen by emplacement of such units from oldest to youngest along and from, for example, the Black Sturgeon Fault: the Waweig Troctolite ca. 1599±1 Ma and Syenite ca. 1590.1±0.8 Ma, the English Bay Complex porphyries and rhyolites ca. 1537+ 10/-2.3 Ma, the Pillar Lake Lavas ca. 1514 to 1120 Ma, the Sibley sandstones and argillites ca. 1537 to 1350 Ma, the undated Osler Volcanic Group flood basalts, the St. Ignace Complex rhyolites ca. 1124 to 1107.2±2.4 Ma, the Hele intrusion ca. 1106.6±1.5 Ma; the Nipigon sills: specifically the Nipigon, Inspiration, Jackfish Island, Mcintyre and Shillabeer Suites ca. 1119 to 1106 Ma; and the Osler Volcanic Group basalts (Fig. 3; Borradaile and Middleton, 2006; Heaman and Easton, 2006; Middleton eta!., 2004; Hollings et al., 2004; Rogala et al., 2005; Smyk, 2006; Richardson et a!., 2005). The Seagull and Disraeli intrusions emplaced on the north-south oriented Clearwater Fault offshoot the main Black Sturgeon Fault (the Clearwater Fault starting right where the Black Sturgeon Fault begins to tum its orientation to the NW-SE to the SE of Lake Nipigon, see Fig. 3) in the time bracket just before emplacement of the Hele intrusion: ca. 1116.2± 1.2 Ma for the Seagull intrusion and 1111.6± 1.9 Ma for the Disraeli intrusion (Sutcliffe, 1987; Heaman and Easton, 2006). These intrusions were followed by emplacement of the Fox Mountain diabase dike (Nipigon Suite) and associated Nipigon and Shillabeer Suite diabase sills from the Clearwater Fault (Sutcliffe, 1987; Richardson et a!., 2005).

The Seagull intrusion is the earliest magmatic episode of the Mesoproterozoic Nipigon Embayment in the Black Sturgeon area ie. older than the other ultramafic-to­gabbroic intrusions such as the Disraeli and Hele intrusions and the Nipigon diabase dikes and sills. It intruded through basement Quetico metagreywackes and pegmatites which have an Archean history of southward erosion of the accreted Max Lake-Beardmore-Geraldton greenstone terranes situated to the north of the Quetico belt which are seen by prominent magnetic signatures of the oxide-facies iron formations deposited in the metasedimentary subbelts of those belts (Salib, 1989; Hart, 2005). This greenstone belt in the vicinity of Black Sturgeon is generally covered by the later Sibley sandstones and Nipigon diabase sills, but some of the metabasalts and associated Algoma-type magnetite-chert iron formations can be seen on the east shore of Black Sturgeon Lake (Coates, 1972; Hart and Magyarosi, 2004). Another basement unit to the Seagull Intrusion is the Sibley Group sandstone which is a red bed molasses sequence that

. :~Black Panther ' v Minnm Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

Page 12: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Wabigoon Subprovince

~ Greensto~:_

-- ----/ ........

Lake Nipigon

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Quetico Subprovince ',Hele

Intrusion

0 25 50 km

Figure 3: The West Nipigon Embayment contains north to northwest trending faults such as the Clearwater and Black Sturgeon Faults. The Seagull and Dismcli intrusions intruded along the Clearwater Fault, while the Hele intrusion intruded along the Black Sturgeon Fault. Modified from Hart (2005) and McNaughton (2002).

~Black Panther >;, -v) Mining cor11.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

Page 13: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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deposited with northward erosion of Penokean granitoids from the south of the Mid­Continent Rift in Wisconsin and also from local erosion of nearby Archean greenstone belts (Franklin, 1970). Generally the north-south to northwest-southwest oriented Black Sturgeon Fault developed into a half-graben that was infilled with sediments thus partially controlling Sibley sedimentation in the Nipigon Embayment (Sutcliffe, 1987; Rogala et al., 2005).

The Seagull intrusion is a heart shaped body delineated by positive magnetic anomalies around the perimeter of the intrusion in the Leckie Lake Area. On surface, the intrusion has been mapped as a complex that includes lithologies of peridotite, olivine melagabbro, olivine gabbro and monzogabbro. Drill core lithologies are explained in the Rock Types section below. The area of interest with Ni-Cu-PGE mineralization is in the very prominent positive magnetic together with gravity anomalous area at the centre of the northern rim of the intrusion just south of Leckie Lake. Two stocks can be delineated here: the larger and deeper Leckie Stock which is up to 781 m deep and contains PGE mineralization along the basal olivine amphibole pyroxenite, along the basal dunite or olivine websterite above the olivine amphibole pyroxenite, and within the named RGB (Red-Green­Blue) reef higher up in the dunite or olivine websterite. Projected extent of these mineralization zones was defined with the recent drilling of the WM-08-26, -27, -28 and -29 drill holes which are highlighted in this report. The other stock newly discovered in the intrusion is an unnamed plug to the west of the Leckie Stock that is represented in holes WM-08-31a, -31, -32 and -33. It is shallower than the Leckie Stock by as much as 400m, does not contain the RGB reef zone as defined in the Leckie Stock and yet still retains the basal olivine amphibole pyroxenite-hosting and basal dunite- or olivine websterite-hosting mineralized zones (the second of which represents a new pulse above the interpreted more differentiated olivine amphibole pyroxenites).

Evidence for this being a new stock is mainly the interpreted round and inward dipping plug shape of the stock. One evidence of it being an inward dipping stock is the deepening of the intrusion from 390.33m in hole WM-08-33 southeast to 465.40m in WM-08-32, both holes of which are located at the northwest rim of the stock. For other evidence of an inward dipping stock, strikes and dips of the basement Quetico metagreywacke and pegmatites are used as a control on measuring the actual dip of the layered olivine amphibole pyroxenite and other ultramafics in the intrusion. For instance, since the Quetico has been measured by Hart (2005) to have a strike of 50 to 60e and a dip of near vertical to the southeast at this same location, and the bedding of the intrusion measured by orientation of serpentine fractures in the overlying olivine amphibole pyroxenite is a dip of sse to the south and is not in opposition to the sse dipping foliation (plunging southeast) in the Quetico metagreywacke; the intrusion is interpreted as surfacing to the northwest ie. hole WM-08-33 is the boundary of the plug in contrast to the deepening of the intrusion to the southeast in WM-08-32. Another evidence for the deepening of the intrusion toward hole WM-08-32 are the more steeply dipping serpentine fractures in the olivine amphibole pyroxenite at 70e to the south (plunging southeast) in contrast to the unchanged foliation of sse southeast in the Quetico pegmatite within metagreywacke. The Quetico foliation is the same since it was metamorphosed in the Archean prior to the Mesoproterozoic emplacement of the Seagull Intrusion, specifically ca. 2689-2684 Ma as a 02 deformation event on the belt (Percival, 1988). At another location of the stock, in holes WM-08-31 and WM-08-31 a, the layers are oriented in opposition to the Quetico metagreywacke because here the intrusion dips inward to the northeast in contrast to the Quetico metagreywacke, which dips to the southeast. In

. :~Black Panther , v Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

Page 14: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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hole WM-08-31, layering (serpentine fractures) in the olivine amphibole pyroxenite cross­cuts the foliation in the basement Quetico metagreywacke. The dip of the layering in the hole is 65° to the northeast while the Quetico is 20° to the southeast. The intrusion in this area is also observed to shallow out inward since the layering (serpentine fractures) in the dunites shallows out towards the centre of the plug as it is away from the slope of the Quetico basement wall of the intrusion and the layers settle out more horizontally. Evidence for this is the shallowing of serpentine fractures/layers in the uppermost dunite from a dip of 75° north in WM-08-31 to as little as 15° north in the same unit in WM-08-31 a. In contrast, the characterization of steepening of layers in hole WM-08-31 proximal to the Quetico wall is shown by progressive steepening of dips of serpentine fractures higher up in the hole as opposed to shallowing up of dips higher up in the hole in WM-08-3la. This steepening of the fractures inward in this hole is probably due to rounding off of the top of this plug/pulse to a horizontal proximal to the wall of the magma chamber (Lesher, 2005).

Mineralization in the unnamed stock to the west is described as separate basal mineralizations in separate pulsating events in this area of the Seagull Intrusion, similar to the two basal, but deeper down, mineralizations in the Leckie Stock to the east. In order to describe these mineralizations as distinct from each other, distinctions must be seen between the two hosting units of these zones. The olivine amphibole pyroxenite vs. overlying ultramafics have been recognized as separate pulses to each other as evidenced by the trend of increasing forsterite % to a maximum in the olivines in the olivine amphibole pyroxenite (since the unit is more contaminated and has less primitive olivine towards the bottom) as opposed to the trend of an initial minimum followed by stationary variance in forsterite % in the above ultramafics; the difference in multi-element patterns between the Basal Unit-BM Units (contaminated plume olivine amphibole pyroxenites) and overlying Main Units (more primitive plume dunites or olivine websterites) of He~gie (2005); and also the trends of increasing £Nct from -4.0 to -0.2 and increasing 87Sr/8 Sr(tttSMal from 0.70340 to 0.72126 suggesting decrease in contamination of original plume picrites away from the basement continental Quetico wall as well as increased contamination by continental Sibley sandstone higher up in the intrusion (Heggie, 2005). The mineralized zones in the units show progressive fining up and decrease in sulphide from bottom upward within them; xenoliths of either Quetico metagreywacke or Quetico pegmatite; emplacement of new pulses as suggested by more prolific vein serpentinization in the lower olivine amphibole pyroxenite that doesn't occur in the overlying dunite or olivine websterite and so must have happened before emplacement of overlying dunite or olivine websterite. These; along with textures of spotted orthopyroxenes in the overlying ultramafic suggesting digestion of olivine amphibole pyroxenite with emplacement; show that the two distinct mineralized zones were deposited with two different pulses or cycles of magmas and settled associated sulphides with cumulates. These two different pulses are also evidenced by the two different lithologies and the decrease in MgO wt% in the olivine amphibole pyroxenite below the dunite or olivine websterite in contrast to the pattern, in the overlying ultramafic, of increase in MgO wt% due to cumulate olivine segregation followed by slight decrease in MgO wt%, due to contamination in the overlying dunite or olivine websterite.

Even though there appears to be little contamination in the overlying ultramafics Uust above the olivine amphibole pyroxenite), there have been zones detected here at the base of the unit, in eg. WM-00-0 I from 529 to 585m, and this pulse is rather large in all the Seagull holes to up to 200m in thickness, thereby allowing more sulphides to accumulate at the

. -~Black Panther ,·.J Mining Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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bottom. Therefore, since there's evidence of new basal mineralizations with new pulses of magma with new contamination signatures and xenoliths in each of the pulses (not to mention jagged/brecciated/spotty pyroxenitic textures in the dunite or olivine websterite at the bottom contact suggesting turbulence of a dynamic magma pulse churning up the olivine amphibole pyroxene below it), it can be said that these basal mineralizations are of the shallow lopolithlmagma contamination/early sulphide saturation Noril'sk-type rather than deep lopolith/magma mixing/late sulphide saturation Bushveld reef-type (Lesher, 2005).

In comparison, the RGB zone detected in holes WM-08-26, -27, -28 and -29 is a Bushveld reef-type mineralization ie. it formed by way of a classic magma mixing in a typical deeper lopolith of an intrusion, as in the Leckie Stock to the east (Lesher, 2005). Since the RGB zone is found within the dunite or olivine websterite and not at the bottom contact of the unit, the unit probably formed as a late culminating sulphide saturation event higher up in stratigraphy rather than an early sulphide saturation and setting of sulphides at the bottom of the unit. This mineralization is significant too in that it has high PGE values with intercepts of 4.75ppm Pt + Pd at 535m in WM-01-09 on the Green horizon of the RGB (Red-Green-Blue) zone at that depth.

Other mineralization in the Seagull intrusion has been seen as sulphides in contaminated serpentinized dunite above crustal Sibley sandstone-contaminated feldspathic olivine websterites as disseminated pyrrhotite sulpides detected at eg. 75.25 and 75.65m in WM-08-32 in the upper dunite in one of the many feldspathic olivine websterite to dunite pulses/cycles in the upper part of that hole. These pulses represent a constant pulsating magma that digests rafts of Sibley sandstone and segregates sulphides in a Noril'sk-style fashion. However, these pulses are very thin with on average 4m width and the mineralized pulse at 75m having a thickness of 31m. Since there's not much lithology hosting the mineralization, it can be envisaged that the mineralization is thin and little, not to mention only about two areas in the hole where the thickness of the pulse is 20 to 40m as opposed to the common I to I Om thick pulses. Ideally, the combination of mineralization in all the pulses in total up to the depth of I 08m in eg. WM-08-32 could prove worthwhile for mining if mineralization is found in all the pulses. However, assays from this most Sibley-digesting hole don't show economic PGE. There are other reasons the Sibley sandstone is not a strong contaminant for mineralization in the intrusion. For one thing, the sandstone is a thin lithology that only occurs at shallow depths (in contrast to the deep Quetico contaminant) that would not have a big effect on the magmatic history of the intrusion. Also, modelling of contamination of Sibley sandstone on the intrusion shows that as much as an unrealistic 90% amount of Sibley contaminant is needed to cause such crustal contamination in the intrusion to give ENct contents of up to -4.0 in the intrusion from a starting plume ENct value of 0 (Hollings et al., 2007).

Dates and Figures

Winter field work began on the Wolf Mountain property west ofthe Seagull Intrusion (Gurnett Lake and Inter Lake areas) with the spotting of 5 drill holes and site assessment on December I 0, 2009.

Initially, a Longyear 3 8 diamond drill of Custom Diamond Drilling Inc., PO Box I 0

. :~Black Panther ' .J Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

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Kakabeka Falls, ON (Wally Magnussen) was mobilized to site SGW09-01 and coring began on Dec 12. Unfortunately drilling difficulties resulted in this hole being abandoned at 29.10 metres, short of its intended target. The company decided to suspend drilling operations until January 07, 2010 whereupon an EF-50 diamond drill of Cobra Diamond Drilling Ltd., 615 Hwy 130, Thunder Bay, ON was moved to site SGW1 0-02 and drilling recommenced on January 08 and was completed with hole SGW1 0-05 on January 16, 2010. All equipment was demobilized from the property on January 17, 2010.

Drilling operations were conducted from Thunder Bay by two 2-man drill crews (10 hour shifts) supported by a geologist. Core was logged at the warehouse of East West Resource Corporation in Thunder Bay during the duration of drilling. Logging/sampling was completed by January 18.

A total of 562 metres ofNQ core drilling was undertaken in 5 holes and 40.00 metres of core was sawn for ICP analysis (46 samples). Core is permanently stored in Thunder Bay.

This report was completed in February 2011.

RobertS. Middleton visiting setup for SGW1 0-02 on Jan 10, 2010.

Results

Rock Types

Table 2a. Lithologies observed in drill core (Seagull Intrusion- historic drilling)

. :~Black Panther ' ,y Mming Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

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Peridotite- dunite, serpentinized dunite This is the dominant lithology in the drill core, is always found at the top of the holes and often to~ards the bottoms of the intrusion above the basal mineralized olivine amphibole pyroxenite if olivine websterites are not found there instead ie. there is either dunite or olivine websterite depending on the degree of differentiation/contamination at that specific part of the intrusion. In holes WM-08-32 and -33, there is only serpentinized dunite above the olivine amphibole pyroxenite probably since the intrusion is shallower at these locations with less deep contamination signatures that would be evident in an olivine websterite. In contrast, hole WM-08-29 contains olivine websterite since the hole was drilled in the deeper Leckie Stock of which magmas would carry more deep contaminating signatures. Serpentinized dunite is often found at the top of the pulses/cycles since the pulses are always altered at the top where in contact with probable oxidizing fluids/hydrothermal alteration on the intrusion after primary segregation of cumulate olivines. Serpentinized dunite has a texture of black aphanitic to fine round cumulate protolith olivine crystals pseudomorphed by black serpentine to give the unit a soft, greasy feel (making it soapstone). Unaltered dunite is found in the lower parts of the pulses since there's less alteration. It is olive-green in colour with dominant olivine composition and feels more grainy as it is not soapstonized. The serpentinized dunite/dunite contains/originally contains up to 80% olivine with often up to 40% large up to 2cm oikocrysts of orthopyroxene as the intercumulus that are more leucocratic grey than the serpentinized olivine or altered to red iddingsite. The percentage of orthopyroxene to olivine could technically make the unit a harzburgite, however, the degree of soapstonization and olive green olivine composition in less altered units makes it an overall dunite-type rock. The unit always contains accessory fine deuteric biotite minerals disseminated throughout. Fractures of green-turquoise serpentine and talc and sometimes iddingsite and magnetite often occur in altered/broken up areas of the unit. Serpentine, talc, iddingsite and magnetite fractures often give the orientation of the primary bedding of the unit whether it be the regular horizontal bedding or steeper bedding near basement walls as a result of cumulate layering with pulses of magma or the more rare undulose local bedding formed with plugging of the intrusion at the tops of pulses. The unit when found at the bottom of the pulses often contains xenoliths of basement Quetico pegmatite or metagreywacke as in WM-08-32. This unit hosts the RGB and basal dunite mineralization zones.

Pyroxenite- Olivine ~ebsterite This unit is less common in the intrusion and occurs mainly due to contamination. It is found at the middle to bottom of the pulses below the dunite since it is differentiated by means of contamination of basement country rock eg. Quetico metagreywacke. It is grainier than the dunite due to more pyroxene than olivine- 60% pyroxene and 40% olivine. However, since there's still a lot of olivine, the unit is not quite a true pyroxenite/websterite but an olivine websterite. Pyroxenes are mainly black augite clinopyroxene or more leucocratic pale grey rhombic generally up to 3mm orthopyroxene. Often there are more feldspathic phases of coarser feldspathic olivine websterite (described below) due to contamination of basement.

Pyroxenite- Feldspathic Olivine Websterite This unit is most common in holes WM-08-32 and -33 and forms from Sibley quartz sandstone contamination as it is often found at the lowest part of the pulses above and associated with digested Sibley xenoliths. The unit is an olivine websterite that was feldspathized to light grey colour due to Sibley contamination. Often it contains coarse pegmatitic textures of pyroxene and plagioclase, but retains much olivine (thus differentiated it from a Nipigon sill).

Pyroxenite- Olivine Amphibole Pyroxenite

. :~Black Panrher " v Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

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This is a basal contaminated and mineralized lithology always found at the base of the intrusion. Modal % is up to 10% olivine, up to 40% pyroxene, 50% amphibole and up to 15% biotite. Pyroxenes are often large oikocrysts of leucocratic orthopyroxene and finer up to 4mm spotted associations of black augite clinopyroxenes. Homblendes are deuteric up to 4mm long tabular bronzy coloured minerals. Fine to coarse biotite is found mainly as primary deuteric or later hydrothermal overprint. The unit is quite vein black serpentinized throughout to give the sense of layering in the unit that is exaggerated by probably the most intense hydrothermal vein serpentine alteration in the intrusion. The unit is contaminated due to its overall differentiated composition and the presence of basement Quetico metagreywacke xenoliths in eg. WM-08-33. The unit always contains basal po-pn-cpy mineralization.

Quetico - Metagreywacke This is the main basement lithology to the intrusion. The unit contains a metamorphic foliation fabric in pegmatite veins feldspathic veins and also in orientation of fine biotites. It is generally a grey non-textured aphanitic to fine felsic quartz and feldspar to dirty lithic groundmassed greywacke. The unit contains mm po-py veins running through it.

Quetico- Pegmatite This is part of the Quetico basement but is the less common sweat felsic pegmatitic intrusive phase of the Quetico. The pegmatites are often foliated under the same D2 deformation fabric as the metagreywacke (Percival, 1988). The unit is white to light grey with coarse up to 1 em feldspars and quartz. In hole WM-08-32, the unit is in contact with the intrusion and contains coarse po-cpy veins that run over lg/t Pt+Pd.

Sibley- Quartz Sandstone This unit is uncommon but is still basement to the intrusion. In hole WM-08-32, the unit occurs as calcareous up to 1 em wide bedded light blue-grey alternating with light pink in colour unit found in association with surrounding or overlying contaminated feldspathic olivine websterite.

Nipigon Sill This lithology is called a Nipigon diabase or ophitic gabbro sill. It intruded as a later Keweenawan magmatic event unrelated to and X-cutting the Seagull Intrusion and occurs as an 80m wide sill in all the drill holes. The unit is generally light grey coloured massively textured and contains groundmass of fine grained ophitic associations of plagioclase-pyroxene with elongate long tabular plagioclase interlocking with darker more equant cleaved smaller rounded and black spotted augite pyroxenes. It is always chilled at the upper and lower contacts with the Seagull Intrusion. Generally toward the centres of the sills, there is lots of light grey up to 1.3cm poikilitic more FeO-rich diopsidic augite pyroxene and also more coarser up to 4mm developments of dark augite pyroxene (Sutcliffe, 1987).

Table 2b. Lithologies observed in drill core (west of Seagull Intrusion -2009110 drilling)

Nipigon Sills Primitive mineralogy and texture, grading to gabbroic pyroxenite and pyroxenite.

Quetico- Metagreywacke/am phibolite/pegmatite Metagreywacke and amphibolite/throdhemite layered succession, with long-limbed isoclinal (likely polyphase) deformation fabric and anatexis.

Sibley- Evaporites, Mudstone, Sandstone, Conglomerate

English Bay Complex A-type granite or syenite with apophyses of quartz alkali-felspar porphyry (late volatile and fluid­rich phase) and associated hematitic/pyritic (Cu) microbreccia improving in quality northward.

• :~ Bl~ck Panther " v Mmmg Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V !El

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Drill logs and Certificates of Analysis from sampled intervals are provided in the Appendices. Drill hole locations and total field magnetics are shown in Figure 4.

, -~Black Panther ·, -v/ Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El .

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I

'I I I .I I I I I I I .I .I I I I I .I I I

Drill Hole SGW09-01 SGW10-02 SGW10-03 SGW10-04 SGW10-05

Eascing Northing 354524 54259!Q 35.3647 5427479 352910 5429088 352286 5430722 352112 5431338

Depth (m) Casing (m) Azimuth 29.18 3.00 250 182.00 3.00 250

··-· 101.00 18.00 250 101.00 27.00 250 149.00 30.00 250

Dip -45 -45 -45 -45 -45

1\

~ 7 AstroNorth

Declination 4'00' W Con\•ergenge 1<>30'

1

UTM Grid North Zone 16

NAD83

@ 49'00' N 89'00' W

,..._. SGW1 0-04 2009/10 Drill Hole

BLACK PANTHER MINING CORPORATION

Wolf Mountain Property SEAGULL PROJECT

DRILL HOLE LOCATION MAP

with TOTAL MAGNETIC FIELD

Fig. 4

kilometers

0 1 2

Scale 1:30,000

revised 14 Feb 2011

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T bl 3 S a e ummary o fd.llh I n o es Drill Hole Easting Northing Depth (m) Casing (m) Azimuth Dip SGW09-01 354524 5425982 29.18 3.00 250 -45 SGW10-02 353647 5427479 182.00 3.00 250 -45 SGW10-03 3529\0 5429088 101.00 18.00 250 -45 SGW10-04 352286 5430722 101.00 27.00 250 -45 SGW10-05 352112 5431338 149.00 30.00 250 -45

SGW09-01 (354524E, 5425982 NAD 83 Zone 16; Claim 4215367)

3.00 to 84.50 Nipigon Sill (olivine diabase)

This hole was aborted while still in diabase. Most Nipigon sill(s) cored immediately west ofthe Seagull intrusion are notably atypical and primitive, typically grading from olivine diabase to gabbroic pyroxenite and pyroxenite, accompanied by increase in primary grain size, reduction in plagioclase content, and increase in augite, olivine and magnetite.

SGW10-02 (353647E, 5427479N NAD 83 Zone 16; Claim 4244557)

3.55 to 53.22 53.22 to 67.43 67.43 to 182.00

Nipigon Sill (olivine diabase) Sibley Group (conglomerate, lacustrine+ evaporitic sediments) Quetico (meta greywacke, amphibolite)

The Sibley Group Sediments in this hole comprise a heterogenous fining-upward sequence indicative of shallow fluvial through lacustrine(?) to evaporitic tidal flat/sabkha conditions. A basal lag or clast-supported polymictic conglomerate is overlain by ferruginous sandstone, nodular ferruginous mudstone and thinly laminated dolomitic mudstone. Casts of, and plucked skeletal gypsum and/or halite crystals to 2 em were noted.

The Quetico Archean basement rocks give way from meta greywacke in the upper part of the interval to amphibolite with intercalated trondhemitic leucosome below 92 m. These strata are isoc1inally deformed with penetrative mineral foliations, and are disrupted by abundant anatectic pegmatite bodies.

SGW10-03 (352910E, 5429088N NAD 83 Zone 16; Claim 4244556)

14.00 to 24.98 24.98 to 100.82

100.82 to 101.00

English Bay Complex (granite) Nipigon Sill (olivine diabase) English Bay Complex (granite)

The northernmost holes SGW10-03, 04 and 05 each cut a distinctive coarse, pinkish­grey, A-type granite or syenite thought to represent (an as yet unmapped) outlier of the English Bay Complex (in the type area dated at 1.54 Ga). This lithology becomes progressively more ferruginous, pyritic and microbrecciated northward.

SGWI0-04 (352286E, 5430722N NAD 83 Zone 16; Claim 4244555)

. :~Black Panther 'J Minin!J Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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32.00 to 84.50 84.50 to 101.00

Nipigon Sill (olivine diabase) English Bay Complex (granite, microbreccia)

SGW10-05 C352112E, 5431338N NAD 83 Zone 16; Claim 4244553)

32.00 to 107.76 107.76 to 130.50 130.50 to 149.00

Nipigon Sill (olivine diabase) Quetico (meta greywacke, amphibolite) English Bay Complex (granite, microbreccia)

Page 20

In the lowermost 20m ofthis hole the granite is extensively disrupted by intersecting fractures which localize specular hematite, actinolite and chlorite in stockwork vein networks comprising up to 30% of the rock volume. Pyrite (2-3%) and chalcopyrite (tr-1 %) line fractures. The resulting hematized crackle breccia fabric, with little or no fragment realignment, is characteristic of microbreccias in certain IOCG (Iron Oxide Copper Gold) settings. Samples taken from the interval returned up to 500+ ppm Cu and <10 ppm Au.

A spatially related orange, buff and white mottled quartz-alkali-feldspar porphyry sharply cross-cuts other lithologies as recurring dykes and complex intruding masses. It is interpreted as a late volatile-rich phase, probably organized into apophyses of the granite, but also intrusive into it.

Transition from Quetico (Archean) basement to hematitic microbreccia and quartz alkali feldspar porphyry of English Bay Complex (Proterozoic) in DOH SGWl 0-05 (~120m)

• :~Black Panther " v Mmmg Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

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Late stage quartz alkali-feldspar porphyry from DDH SGWl 0-05 (- 112.70m)

. ,~Black Panther 'v MmmgCorp 2489 Bellevue Avenue, West Vancouver, British Columbia V7V IEJ

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Chalcopyrite on fracture from DDH SGWl0-05 (131.12m)

. -~Black Panrher ,-v Mining Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

Page 22

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Conclusions and Recommendations

• The linear NNW-SSE trending airborne total field magnetic anomaly that was the original target of our 2009/20 I 0 drill campaign remains unexplained. It is possible that the five 45 degree angle holes passed over the source of this anomaly while in Nipigon sills. That is, the anomaly source lies deeper in the basement.

• First recognition of probable English Bay Complex in the area has excellent potential for IOCG Cu-Au, with the quality and sulphide content increasing northward. This also provides a possible mechanism (sulphur source) for basal PGE mineralization (Norils'k model) in the northwest portion of the Seagull intrusion. Accordingly, the WolfLake property has already been extended northward.

• Future work should seek to identity where the northwest edge of the Seagull Intrusion is in contact with pyritic English Bay Complex (free ofQuetico) by prospecting & mapping, to be followed by drilling.

Analysis Methodology

Core intervals were laid out by G. Gibson. Core was then split in half by diamond core saw with split half packaged in sample bags and sent to ALS Chemex in Thunder Bay for primary crushing, then forwarded to Vancouver for complete analysis. Samples were analysed for platinum group elements (code ICP PGM-23) and copper, nickel, zinc, lead and other metals and elements were analysed by ME-ICP41 and whole rock analysis was carried out by ME­XRF06 and ME-ICP81 on select samples.

, ,~Black Panlher ', '.;_/ Mimng Corp, 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

Page 26: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

Summary of Costs

1. Diamond Drilling CUSTOM DIAMOND DRILLING INC. Wally Magnussen

29.18 m NQ- Dec., 2009 COBRA DIAMOND DRILLING L TO. Mike Pelchat (foreman)

533.00 m NQ- Jan. 07- 18,2010

2. Project Management, QP Robert. S. Middleton, P.Eng.

3. Geologists (drill site supervision/core logging/report prep., etc.) G. GIBSON & ASSOCIATES: Gordon Gibson

11 days @ 450/day (field) Jan. 09- 19, 2010 3 days @ 400/day (office)

Matt Husselage 9 days @ 300/day

4. Salaries (incl. geotech, labour, administration) Geotechnical:

Matthew King Paul E. Nielsen

Core cutting: Beverly King Logistics: Gordon Dunphy 7 days @ 200/day

S. Sam piing/ Assaying ALS CHEMEX LABS L TO.

ICAP + sample prep

6. Other Exploration Costs Equipment rentals Food & accommodation Office expense Travel

Page 24

21,752

60,935 82,687

22,900 22,900

4,950 1,200

2,700 8,850

4,670 3,100

350 1,400

9,520

3,353 3,353

6,362 898 449

3,563 11,270

======

Total: $138,582

~Black Panther v .,y Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

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References

Berube, P, 2004. Ground Gravity Survey, Seagull Property, Logistics and Interpretation Report 04800, for Platinum Group Metals Ltd, by Abitibi Geophysics Inc. December 2004.

Borradaile, G.J. and Middleton, R.S. 2006. Proterozoic paleomagnetism in the Nipigon Embayment of northern Ontario: Pillar Lake lava, Waweig Troctolite and Gunflint Formation tuffs. Precambrian Research, 144, p. 69-91.

Caven, R J, Cunnison, K M (2000). Report on the Nipigon Plate Platinum Group Element­Nickel - Copper Properties, Thunder Bay Mining Division, Ontario, for Canplats Resources Corporation. Company Document. May 23,2000.

Caven, R J, 2001. Update to Progress Report on the Wolf Mountain and Disraeli Properties for East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, August 23, 2001.

Caven, R J, 2002a. A Report on Airborne Geophysical Survey on the Nipigon Plate Property of East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, Disraeli-Seagull Claim Group. February 6th, 2002. Submitted for Assessment Work.

Caven, R J, 2002b. A Report on Detail Airborne Geophysical Survey on the Nipigon Plate Property of East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, Disraeli Claim Group. April3rd, 2002. Submitted for Assessment Work.

Caven, R J, 2002c. A Report on Airborne Geophysical Survey on the Nipigon Plate Property of East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, Seagull Claim Group. May 21st, 2002. Submitted for Assessment Work.

Caven, R J, 2002d. Update 2 to Progress Report on the Wolf Mountain and Disraeli Properties for East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, September 12, 2002.

Caven, R J, 2003a. UTEM Survey Report on the Seagull (Wolf Mountain) Property for East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd. May 21st, 2002. Submitted for Assessment Work March 5, 2003. Results of survey included in Update Report 2, September 12, 2002.

Caven, R J, 2003b. Update 3 to Progress Report on the Wolf Mountain and Disraeli Properties for East West Resource Corporation, Canadian Golden Dragon Resources Ltd, and Avalon Ventures Ltd, Sept 3, 2003.

; :~Black Panther " .j Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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I I I I I I I I I I I I I I I I I I I

Page 26

Caven, R J, 2004. Progress report, Update 4 on The Wolf Mountain Property for East West Resource Corporation, Canadian Golden Dragon Resources Ltd, August 30th, 2004.

Caven, R J, 2008. Report on Exploration History of the Seagull/Wolf Mountain Property, and Platinum Group Element Exploration Thunder Bay Mining Division, Ontario NTS 52H 14, 89° 1' W, 49° 58' N 1999 to 2007 Prepared for Black Panther.

Coates, M E ( 1972). Geology of the Black Sturgeon River Area, District of Thunder Bay; Ontario Department of Mines and Northern Affairs, Report 98, 41 p, incl maps 2233, 2234, 2235, and 2236, scale 1 '= y; mile. Davis, D W, and Sutcliffe, R H (1995). U­Pb Zircon ages from the Nipigon Plate and northern Lake Superior. Bull Geol Soc Am 96, p 1572- 1579.

Franklin, J .M. 1970. Metallogeny of the Proterozoic rocks of Thunder Bay District Ontario. Unpublished PhD. Thesis, The University of Western Ontario, London, Canada.

Franklin, J.M., Mcllwaine, W.H., Poulsen, K.H. and Wanless, R.K. 1980. Stratigraphy and depositional setting of the Sibley Group, Thunder Bay district, Ontario, Canada. Canadian Journal of Earth Science, 17, p. 633-651.

Hart, T.R. 2005. Precambrian geology of the southern Black Sturgeon River and Seagull Lake area, Nipigon Embayment, northwestern Ontario; Ontario Geological Survey, Open File Report 6165, 63 pages.

Hart, T.R. and Magyarosi, Z. 2004. Precambrian geology of the northern Black Sturgeon River and Disraeli Lake Area, Nipigon Embayment, Northwestern Ontario; Ontario Geological Survey, Open File Report 6138, 56p.

Hart, T.R. and Whaley, A.G. 2004. Lake Nipigon Regional Geoscience Initiative. Proterozoic and Archean geology of the southern area of western Nipigon Embayment; in Summary of field work and Other Activities 2003, Ontario Geological Survey, Open File Report 6145, p48-1 to 48-11.

Heaman L.M. and Easton R.M., 2006. Preliminary U/Pb Geochronology Results: Lake Nipigon Region Geoscience Initiative. Ontario Geological Survey, Miscellaneous Release-Data 191, 78p.

Heggie, G.J. and Hollings, P., 2003. Lake Nipigon Regional Geoscience Initiative. Petrology and mineral chemistry of the Seagull Intrusion: in Summary of field work and Other Activities 2003, Ontario Geological Survey, Open File Report 6120, p48-l to 48-5.

Heggie, G. J., 2005. Whole rock geochemistry, mineral chemistry, petrology and Pt, Pd mineralization of the Seagull Intrusion, northwestern Ontario. Unpublished MSc. Thesis. Lakehead University.

. ~Black Panther ,, v Mining Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

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Page 27

Heggie, G.J., 2006. Diamond Drill Report on the Seagull Intrusion Drill holes WM06-23, 24 and 25.Thunder Bay Mining Division, Province of Ontario

Hollings, P., Fralick, P., and Kissin, S. 2004. Geochemistry and geodynamic implications of the Mesoproterozoic English Bay granite-rhyolite complex, northwestern Ontario. Canadian Journal of Earth Sciences, 41, p. 1329-1338.

Hollings, P., Richardson, A., Creaser, R.A. and Franklin, J. 2007b. Radiogenic isotope characteristics of the Mesoproterozoic Intrusive Rocks of the Nipigon Embayment, Northwestern Ontario. Canadian Journal of Earth Sciences, in press.

Kissin, S.A., Heggie, G.J. and Somarin, A.K., 2006. Sulphide Saturation Mechanisms in Gabbroic Intrusions in the Nipigon Embayment: Lake Nipigon Regional Geoscience Initiative; Ontario Geological Survey, Open File Report 6176, 17p.

Kissin, S.A. 2003. Lake Nipigon Regional Geoscience Initiative Sulphide saturation mechanisms in diabasic and gabbroic intrusions in the Nipigon Embayment; in Summary of field work and Other Activities 2003, Ontario Geological Survey, Open File Report 6120, p45-l to 45-4.

Klatt, H (1991 ). An exploration proposal to evaluate the Nipigon Basin for N oril'sk type Cu -Ni- PGE Mineralization; unpublished report, Queens University, Kingston, Ontario.

Laarman, J. 2007. Geochemistry and PGE Mineralization ofthe Kitto Intrusion: A Product of Mesoproterozoic Plume Magmatism through Fault-bounded Archean Crust, East Nipigon Embayment, Northern Ontario. Unpublished M.Sc. thesis, Lakehead University, Thunder Bay, Ontario, 276p.

Lesher, C.M. 2005. February 10-11,2005 Mineral Deposit Short Courses: Magmatic Ni-Cu­PGE Sulfide Deposits, University ofOttawa Department of Earth Sciences.

Lightfoot, P C, and Lavigne, M J (1995). Nickel, Copper, and Platinum Group Element Mineralization in Keweenawan Intrusive Rocks: New Targets in the Keweenawan of the Thunder Bay Region, Northwestern Ontario. OGS Open File Report 5928, 32 p.

McNaughton, K.C. 2002. August 2002 Nickel sulphide exploration of the Nipigon Plate Thunder Bay, Ontario Summary of Activities, Canplats Resources Corporation, 71 pages.

Middleton, R.S., Borradaile, G.J., Baker, D. and Lucas, K. 2004. Proterozoic diabase sills of northern Ontario: magnetic properties and history. Journal of Geophysical Research, 109,p.l-t2.

Middleton, R.S. 2004. Assay Reports on PGE Horizons in Seagull Intrusion, Wolf Mountain Project Thunder Bay Mining Division, Ontario. October 6, 2004.

. -~Black Panther , .j Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

Page 30: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Page 28

Naldrett A J, Lightfoot PC, Fedorenko V, Doherty W, and Gorbachev N S (1992a). Geology and

Geochemistry of Intrusions and Flood Basalts of the Noril'sk Region, USSR, with Implications for the Origin of the Ni-Cu Ores. Economic Geology Vol 87, No 4, June-July 1992.

Naldrett, A J, (1992b ). A Model for the Ni-Cu-PGE Ores of the Noril'sk Region and Its Application to Other Areas of Flood Basalt. Economic Geology Vol 87, No 8, December 1992.

Naldrett, A J (1993). Ni- Cu- PGE Ores of the Noril'sk Region·, Siberia: A Model for Giant Magmatic Sulphide Deposits Associated with Flood Basalts, in Society of Economic Geologists, Special Publication No 2, Giant Ore Deposits. Ed: Whiting, B H, Hodgson, C J, and Mason, R.

Naldrett, A J (1999). World Class Ni- Cu- PGE deposits: Key Factors in their Genesis. Mineralium Deposita 34: pp 227- 240.

Osmani, I.A., and Rees, K., 1998A. Report on the Phase I Exploration Program, Wolf Mountain Property, District of Thunder Bay, Leckie Lake Area G-67, NTS 52 H/2 SW. January 31, 1998.

Osmani, I.A., and Rees, K., 1998B. Report on the Phase II Exploration Program, Wolf Mountain Property, District of Thunder Bay, Leckie Lake Area G-67, NTS 52 H/2 SW. March 31, 1998.

Percival, J. 1989. A regional perspective of the Quetico metasedimentary belt, Superior Province, Canada. Canadian Journal of Earth Science, 26, p. 677-693.

Pettigrew, N., 2002. Report on 2000-2002 Exploration on the Wolf Mountain Cu-Ni-PGE Property. East West Resource Corp., Canadian Golden Dragon Resource Ltd. and Avalon Ventures Ltd. Joint Venture. NTS 52 H/2. August 71

h 2002.

Pyke D.R. and Cunnison K.M. 2000. Preliminary Geological Report on the Seagull and Disraeli Properties (Avalon Ventures Option) Nipigon Plate Thunder Bay Mining Division, Ontario. Avalon Ventures Ltd. company report.

Richardson, A.J., Hollings, P. and Franklin, J.M. 2005. Geochemistry and radiogenic isotope characteristics of the sills of the Nipigon Embayment: Lake Nipigon Region Geoscience Initiative; Ontario Geological Survey, Open File Report 6175, 86 pages.

Rogala, B., Fralick, P.W. and Metsaranta, R. 2005. Stratigraphy and sedimentology of the Mesoproterozoic Sibley Group and related igneous intrusions, northwestern Ontario: Lake Nipigon Region Geoscience Initiative; Ontario Geological Survey, Open File Report 6174, 128 pages.

. :~Black Panther ' . .:/ Minmg Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

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Page 29

Salib, P. 1989. Interpretation Report Input Mark VI Electromagnetic/Magnetic Survey; Tarzan Gold Inc., Lake Nipigon, Ontario Project #88023. Questor Surveys Limited.

Schultz, K J, Cannon W F, Nicholson S W, and WoodruffL G (1998). Is there a "Voisey's Bay" - type Ni-Cu sulfide deposit in the Midcontinent rift system in the Lake Superior region? Mining Engineering, August 1998.

Smyk, M.C. 2006. Preliminary Investigations of the Petrology, Geochemistry and Geochronology of the St. Ignace Island Complex, Midcontinent Rift, Northern Lake Superior, Ontario. In: Wilson, A.C. Editor. Proceedings and Abstracts, Institute on Lake Superior Geology, 52"d Annual Meeting, Sault Ste Marie, Ontario, v. 52 pt 1, p.61.

Sutcliffe, R. H. 1987. PhD Thesis, University of Western Ontario, London, Ontario.

Tanton, T. L. 1931. Fort William, Port Arthur, and Thunder Cape map areas, Thunder Bay District, Geological Survey of Canada, Memoir 167, 222 p.

Vaillancourt, C., Sproule, R.A., MacDonald, C.A. and Lesher, C.M. 2003. Investigations of mafic-ultramafic intrusions in Ontario and implications for platinum group element mineralization: Operation Treasure Hunt; Ontario Geological Survey, Open File Report 6102, 335p.

Wagner D., 2005A. Platinum Group Metals Ltd. Assessment Report 2004 Diamond drilling Seagull Property, Thunder Bay Mining Division, Ontario. May 24, 2005.

Wagner D., 2005B. Platinum Group Metals Ltd. Assessment Report 2004-2005 Diamond Drilling Seagull Property, Thunder Bay Mining Division, Ontario. October 29, 2005.

. :~Black Panther ' 0 Mining Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V IE I

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Page 30

Statement of Qualifications- Gordon Gibson

l, Gordon Gibson ofthe City of Vancouver, Province ofBritish Columbia, do hereby certifY that:

• I am an independent consulting geologist with business office at Suite 201 - 2020 West 2nd Avenue, Vancouver, British Columbia, Canada, V6J 1J4.

• I am a graduate of the University of British Columbia with an Honours B.Sc. degree in Geological Sciences ( 1975).

• I have practiced my profession as a geologist since 1975.

• I am a member of the Association for Mineral Exploration (AME) and the Prospectors & Developers Association of Canada.

• l was employed as an independent consultant by Black Panther Mining Corporation (BPC.TSX-V), 2489 Bellevue Avenue, West Vancouver, B.C. to perform the exploration program outlined in the accompanying report. I do not own any securities ofBlack Panther Mining Corporation.

Dated at Vancouver this 15th day of February, 2011.

Gordon Gibson, B.Sc.

~:~Black Panther ' ,y Milling Corp. 2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

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Page 31

Statement of Qualifications- Robert S. Middleton P.Eng.

I, Robert S. Middleton, am a graduate of the Provincial Institute of Mining (Haileybury, Ontario) (1965) -Mining Diploma; Michigan Technological University 1968, B.S. Applied Geophysics, 1969 M.S. Applied Geophysics. Attended University of Toronto 1970 - Ph.D Geological program.

• I am a Professional Engineer of APEO (Association of Professional Engineers of Ontario) #315950 1 0 and have been a member since 1969.

• I am a fellow ofthe Geological Association of Canada.

• I am and have been a member of the Canadian Institute of Mining and Metallurgy since 1970.

• I am a member of the Prospectors and Developers Association of Canada.

• I am a member ofthe Ontario Prospectors Association.

• I am a member of the Society of Economic Geologists.

• I was employed as the first geophysicist for the Province of Ontario 1968-1971 at Queens Park and in that capacity reviewed all exploration work reports done m Ontario and amended and reviewed the Mining Act.

• I was Manager of ground and airborne geophysics for Barringer Research Ltd. 1971-1974.

• I was geophysicist, V.P. and Director of Rosario Resources Corp. 1974-1980.

• I was Exploration Manager for Newmont Exploration Canada (Eastern) 1981-1983.

• I was consulting for junior and major companies world wide 1983-2009.

• I have worked on the Wolf Mountain Property since 2000 on mapping and all the drilling completed to date (January 201 0).

Dated at Vancouver this 15th day of February, 2011.

RobertS. Middleton, P.Eng.

. -~Black Panther ,-,y Mining Corp.

2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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, ~Black Panther ,·.y Mining CorP.

Appendix I

Drill Logs

2489 Bellevue Avenue, West Vancouver, British Columbia V7V I El

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- - - -G G. Gibson & Associates

- - -• , J Black Panther ,' .y Mining Corp,

- - - - - - - -SEAGULL PROJECT- 2010

DIAMOND DRILL HOLE RECORD

HOLE NO. PROPERTY LOCATION. NTS. CLAIM

SGW09-01 SEAGULL THUNDER BAY 52A/15 4215367

BEARING. DIP NORTHING fASTING. ELEVATION.

250' (true) -45' 5425982 354524 1373m ASL

SUMMARY LOG

FROM{m) TO(m) DESCRIPTION

0.00 3.00 Casin

3.00 29.18 OLIVINE DIABASE (Nipigon Sills)

COMMENTS

CORE SIZE· NO CASING. 3.0m (left in) LENGTH 29.18m

REMARKS

This initial hole, drilled by Custom Diamond Drilling (Wally Magnussen) was abandoned before reaching

intended target a prominent linear NNW-SSE trending Mag anomaly. The hole remained entirely in

Nipigon sill-gg

Client: BLACK PANTHER MINING CORP.

STARTED: Dec 12/09 COMPLETED. Dec 15/09 DRILL CO . Custom DO Inc. FOREMAN: W. MAGNUSSEN

CORE BOXES

B. INTERVAL (m) B

1 3.00- 4.12

2 4.12- 8.33

3 8.33 - 12.45

4 12.45- 16.52

5 16.52- 20.58

6 20.58- 24.70

7 24.70- 29.18

DIP TESTS

LOG START Jan 17/10 LOG COMPLETED. Jan 17/10 LOGGED BY. G. GIBSON

INTERVAL {m) B. INTERVAL (m)

INSTRUMENT AWT ETCH TUBE, 4% HF DEPTH(m)

DEPTH(m) DIP: Uncorr. Correc/ed AZIMUTH

Collar (unsurveyed) -45' 250'

8

- - - -SGW09-01

INTERVAL (m) B INTERVAL (m)

DIP: Uncorr. Correcled AZIMUTH

Front Page

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," ,y Mining Corp.

DESCRIPTION

0.00 3.00 Casing

3.00 29.18 OLIVINE DIABASE (Nipigon Sills) Dark green, massive, homogenous, medium grained. Comprised of plagioclase (59%), clinopyroxene (29%), olivine (6%), magnetite (2,3%), ilmenite (1 %), pyrrhotite (<0.5%) and chalcopyrite (tr). Primary fabric is holocrystalline, ophitic, with pale grey plagioclase laths (<0.1 x 1mm) enclosed by interlocking green augite oikocrysts (to 0.4mm). Olivine is present as minute scattered to clustered equant bronze to yellowiJreen grains (<0.2mm). Accessory ilmenite and magnetite occur as minute intergranular segregations, pyrrhotite as fine disseminations and blebs.

This unit is characterized by gradation (on a scale of metres) into gabbroic pyroxenite as noted below, accompanied by increase in primary grain size, reduction in plagioclase content, and increase in augite, olivine and magnetite.

Unit is cut by discrete planar microveinlets lined by dark green chlorite, pale greenish white talc (soapy to the touch), and occasionally by bluish grey melanterite/epsomite? crusts & efflorescence (<2%) 2,5 mm thick @35° to ca, slightly calcareous

Moderately hard, blocky, tough, competent core Magnetic Recovery -95%.

8.5 10.5 Possible blocky xenoliths to 1m in size mimic composition of enclosing diabase, but are slightly coarser grained, with diffuse/irregular margins

20.00 29.18 Gabbroic pyroxenite. Gradational contact over several em. Subtle transition is marked by increase in grain size, with preservation of large ghost-like lavenderiJreen partially resorbed orthopyroxene oikocrysts 15-20mm (40-50%) enclosing plagioclase laths to 1 x 5mm. The surrounding groundmass is dark green medium grained diabase as above, imparting a weak globular mottling to the core. The oikocrysts occasionally reveal cores of cleaved hypersthene with distinctive schillerization to bronze pseudo-metallic sheen or lustre. Plagioclase (40-50%), orthopyroxene (10-20%), clinopyroxene (20-30%), olivine (8-15%), magnetite (5-7%). Strongly magnetic.

29.18 END OF HOLE

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW09-01

Mineralization Sample From (m) To (m) Width (m)

Page 1 of 1

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- - - -G G. Gibson & Associates

- - -. . ~Black Panther ..,, .,y Mining Corp.

- - - - - - - - - - -SEAGULL PROJECT- 2010 SGW10-02

DIAMOND DRILL HOLE RECORD

HOLE NO.. SGW10-02 BEARING zso· (true) CORE SIZE. NO STARTED. Jan 08/10 LOG START Jan 09/10 PROPERTY. SEAGULL DIP -45. CASING· 3.0m (left in) COMPLETED.· Jan 10/10 LOG COMPLETED. Jan 12/10 LOCATION. THUNDER BAY NORTHING· 5427479 LENGTH 182.00m DRILL CO. Cobra DD Ltd. LOGGED BY. G. GIBSON NTS· 52A/14 fASTING 353647 FOREMAN:: M.PELCHAT CLAIM 4244557 ELEVATION 1361m ASL

SUMMARY LOG CORE BOXES FROM(m) TO(m) DESCRIPTION REMARKS B. INTERVAL (m) B. INTERVAL (m) B. INTERVAL (m) 8 INTERVAL (m) B. INTERVAL (m)

0.00 3.00 Cas in~ 1 3.00- 7.06 17 69.18 - 73.39 33 135.94-140.00

3.00 3.55 Rubble 2 7.06- 11.22 18 73.39- 77.61 34 140.00-144.30

3.55 53.22 OLIVINE DIABASE (Nipigon Sills) 3 11.22- 15.66 19 77.61- 81.88 35 144.30- 148.35

53.22 67.43 Sibley Group 4 15.66- 20.00 20 81.88- 86.00 36 148.35-152.70

67.43 182.00 Quetico 5 20.00- 24.15 21 86.00- 90.25 37 152.70- 157.04

6 24.15- 28.40 22 90.25- 94.52 38 157.04-161.34

7 28.40- 32.45 23 94.52- 98.76 39 161.34-165.59

8 32.45- 37.00 24 98.76- 1 03.40 40 165.59- 170.00

9 37.00- 41.32 25 103.40-107.30 41 170.00-174.36

10 41 .32- 45.68 26 107.30-111.65 42 174.36-178.28

11 45.68- 50.00 27 111.65-115.90 43 178.28-182.00

12 50.00- 54.26 28 115.90-120.10

13 54.26- 57.62 29 120.10-124.37

14 57.62- 61.62 30 124.37- 128.25

15 61.62 - 65.19 31 128.25-132.00

16 65.19- 69.18 32 132.00-135.94

COMMENTS DIP TESTS

INSTRUMENT AWT ETCH TUBE, 4% HF DEPTH (m) DIP: Uncorr. Corrected AZIMUTH

DEPTH (m) DIP: Uncorr. Corrected AZIMUTH

Collar (unsurveyed) -45• 250•

Client: BLACK PANTHER MINING CORP. Front Page

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~-,y Mining Com.

DESCRIPTION

0.00 3.00 Casing.

3.00 3.55 Rubble Diabase cobbles -see general rock description below. Milled core fragments with rare graphitic gouge. Fines largely removed with drill fiuids. Recovery -40%.

3.55 53.22 OLIVINE DIABASE (Nipigon Sills) Dark green, massive, homogenous, medium grained. Comprised of plagioclase (59%), clinopyroxene (29%), olivine (6%), magnetite (2-3%), ilmenite (1%), pyrrhotite (<0.5%) and chalcopyrite (tr). Primary fabric is holocrystalline, ophitic, with pale grey plagioclase laths (<0.1 x 1 mm) enclosed by interlocking green augite oikocrysts (to 0.4mm). Olivine is present as minute scattered to clustered equant bronze to yellow-green grains (<0.2mm). AccessDry ilmenite and magnetite occur as minute intergranular segregations, pyrrhotite as fine disseminations and blebs.

This unit is characterized by continuous gradation (on a scale of metres) into gabbroic pyroxenite and pyroxenite as noted below, accompanied by increase in primary grain size, reduction in plagioclase content, and increase in augite, olivine and magnetite.

Unit is cut by discrete planar microveinlets lined by dark green chlorite, pale greenish white talc (soapy to the touch), and occasionally by bluish grey melanterite/epsomite? crusts & efflorescence (<2%) 2-5 mm thick @35° to ca, slightly calcareous

Moderately hard, blocky, tough, competent core Magnetic Lower contact with Sibley Gp sediments is in a short interval of broken, not observed Recovery -95%.

4.45 4.55 Sample removed for petrography -{Jg 4.55 .97 Gabbroic pyroxenite. Gradational contact over several em. Subtle transition is marked by increase in

grain size, with preservation of large ghost-like lavender -green partially resorbed orthopyroxene oikocrysts 15-20mm ( 40-50%) enclosing plagioclase laths to 1 x 5mm. The surrounding groundmass is dark green medium grained diabase as above, imparting a weak globular mottling to the core. The oikocrysts occasionally reveal cores of cleaved hypersthene with distinctive schillerization to bronze pseudo-metallic sheen or lustre. Plagioclase (40-50%), orthopyroxene (10-20%), clinopyroxene (20-30%), olivine (8-15%), magnetite (5-7%). Strongly magnetic. Lower contact difficult to place, gradational over-1m.

5.06 6.47 Chlorite-lined brittle fractures @2r & 48° to ca. 2-5 em spacing, broken core below 6.00 8.90 9.26 Broken core. Recovery 65% 16.31 16.42 Coarse quartz-hornblende knot (90% clear quartz, 10% black acicular hornblende) 16.51 16.61 Coarse quartz-hornblende knot (90% clear quartz, 10% black acicular hornblende) 22.27 22.36 Sheeted quartz-biotite-wollastonite(?) vein with actinolite selvage, 2.5cm @39° to ca 23.00 23.36 Broken core. Recovery 80% 28.18 28.42 Quartz-limonite veining @20° to ca, broken core 35.74 Quartz-biotite vein 3mm with actinolite selvage 9mm @40° to ca

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-02

Mineraliza lion Sample From (m) To (m) Widlh (m)

Page 1 of 5

Page 39: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -U G. Gibson & Associates

~Black Panther •,, J Mining Corp.

DESCRIPTION

36.05 Quartz-chlorite vein let 1 mm @42° to ca 36.23 Quartz-chlorite veinlet 2mm @40° to ca 38 .25 Sheeted quartz-chlorite veinlet 2mm @2JD to ca 40.23 41.46 Pyroxenite. Relatively sharp contact with overlying gabbroic pyroxenite. Lower contact relatively

sharp 1-2cm. Plagioclase (20-30%), orthopyroxene (30-40%), clinopyroxene (15-25%), olivine (12-15%), magnetite (8-12%). Medium to coarse grained. Poikilitic ortho and clino pyroxenes interlock on a scale of 5-12mm enclosing plagioclase. Dark green & lavender mottled. Magnetite occurs as disseminations and streams of rounded grains to (<0.5-2mm). Very strongly magnetic. Cut by web-like -orthogonal networks of black to dark green serpentine-lined fractures with magnesite typically @25° and 65° to ca representing 1-5% of the rock volume, slightly calcareous. The Pyroxenite unit in this hole is mainly differentiated by its high magnetite content (still with 40-50% coarse plagioclase laths and close to the same modal proportions as the Gabbroic Pyroxenite. Plag here is somewhat glomeroporphyritic. Should probably not call this one a pyroxenite. Also none of the schiller effect with hypersthene -gg)

40.71 Quartz-chlorite veinlet 1cm @52° to ca 41.76 42.12 Biotite-chlorite-lined fractures @50° to ca 43.70 44.50 Pyroxenite. (as 40.23-41.46). Contacts gradational over 5-10cm 44.85 44.94 Quartz-actinolite veinlets to 5mm @48° to ca 46.45 Quartz-actinolite veinlet. 3mm @15° to ca 49.02 49.13 Serpentine veins @28° to ca. Some core loss 50.43 50.95 Serpentine veins . Fractured, disarticulated core. Recovery 80% 49.29 53.22 Chilled margin. Fine grained 52.70 53.22 Broken core. Recovery 65%

53.22 67.43 (Sibley Group Sediments) Heterogenous fining-upward sedimentary sequence indicative of shallow fluvial through lacustrine(?) to evaporitic tidal flaUsabkha conditions. Pastel shades of reddish brown, tan, grey and cream Soft, friable, blocky, incompetent core Generally non-magnetic Lower contact with Quetico basement irregular, sharply unconformable @68° to ca Recovery -85%.

53.22 54.16 Dolomitic mudstone: very f. gr. pale yellow-green & tan, wavy (nodular), discontinuous banding with scattered angular quartz & lithic clasts <1 mm to rarely 8mm (10%) in discrete bedding units of 1-3cm, probably aeolian. Clasts often plucked, occasionally filled or lined with drusy quartz. Soft, friable, badly broken core. Weakly effervescent in 10% HCI. Recovery 70%

53.45 53.52 Sample removed for petrography -gg 53.83 Bedding @60° to ca

54.16 57.44 Ferruginous mudstone: very f. gr. reddish brown, pale yellow, and grey-green variegated, ragged undulose to nodular (flaser) banding. Same scattered angular polymictic clasts as above <1mm to 10mm, but with specular hematite grains <1mm (2-4%) which impart the distinctive reddish color to this subunit. Soft, broken core. Recovery 90%

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-02

Mineralization Sample From (m) To (m) Width (m)

Page 2 of 5

Page 40: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- -

57.44

61 80

67.43 67.43

-

61.80

67.43

182.00 92.54

- - - -~Black Panther

•,c ,y) Mining Corp.

-DESCRIPTION

54.78 54.90 Sample removed for petrography -gg 54.90 Bedding @70° to ca

- - - -

Ferruginous sandstone: m. gr. reddish brown, tan, maroon and grey-green banded. Gradational from above units as same suite of polymictic clasts reach 50-00% of rock volume. Matrix is f. gr. (clay & silt). Core is pitted, etched, blocky. Includes intervals of mudstone. Recovery 90%

61.25 61.35 Sample removed for petrography -gg 61.35 Bedding @62° to ca

Basal conglomerate: 61.83 61.92 Polymictic unsorted conglomerate. Foliated clasts of Quetico to 1.5cm, ferruginous sandy matrix. 62.65 62.80 Polymictic unsorted conglomerate. Clasts to 0.5cm, sandy matrix. Possibly weakly graded (upright). 62.85 63.01 Sandy & calcareous with plucked gypsum/anhydrite

63.57 63.69 Sample removed for petrography -gg 64.05 64.33 Polymictic conglomerate. Clasts to 0.5cm, sandy matrix. Possibly weakly graded (upright). 64.33 67.43 Packed, clast supported (<10% matrix), with cobbles/boulders up to 40cm of granite, basement gneiss,

and diabase. 64.40 64.82 Boulder of Quetico basement (see below) 64.82 66.16 Boulders & cobbles of granite (see SGW10-03, 04, 05) (70%) & Quetico basement (30%), ground,

pulverived, with chemically altered margins, in -15% dark red ferruginous matrix. Late, irregular tremolite and kaolin veinlets (2%).

65.02 65.18 Sample removed for petrography -gg 66.16 67.43 Lag deposit consisting of packed granite & Quetico boulders (95 : 5%), virtually no matrix.

(Quetico Basement) Meta greywacke. Protolith is feldspathic greywacke, impure clastics Grey-brown, fine to medium grained Swirled quartz (35%) feldspar (35%) biotite (10%) diopside (10%) hornblende (5%) gneiss containing 10-20% free quartz segregations as augen, lenses, rootless fold hinges & discontinuous layers to 5cm wide. Typically shows weak color banding by alternating brown (biotite-rich) and green-grey calc-silicate (diopside-rich) compositional bands 2-20mm wide. Recurring dark green weakly banded amphibolite sub-units made up of hornblende (40%), biotite (40%) and plagioclase (20%) aggregate several metres in thickness and locally comprise up to 40% of the rock volume. The unit is cut by semi­concordant sheets of anatectic pegmatite up to several metres thick comprising coarse grained simple quartz, K-spar, chloritized amphibole, biotite, muscovite, and very rarely black tourmaline. Pyrrhotite (<1%) is ubiquitous as fine disseminations Strongly developed penetrative mineral foliation. Minor folds are indicative of isoclinal deformation. Mineralogy, fabric and partial melting are indicative of upper amphibolite to granulite facies regional metamorphism. Unit is cut by a persistent narrow (<1 mm) chlorite-lined fractures (<2%) and partings, parallel to the dominant foliation Uppermost -40m is hematite stained (weathering of Quetico landmass below Sibley unconformity) Moderately hard, flaggy to blocky, competent core Generally non-magnetic

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-02

Mineralization Sample From (m) To (m) W1dth (m)

Page 3 of 5

Page 41: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -G G. Gibson & Associates .. ~Black Panther

' J Mmmg Com.

92.54 182.00

DESCRIPTION

Lower contact with amphibolite is transitional over -5m, somewhat arbitrary Recovery 100%.

67.55 Foliation @71° to ca 69.73 70.45 Pegmatite 71.85 71.95 Sample removed for petrography -iJg 75.86 77.70 Pegmatite 79.68 Foliation @54° to ca 82.60 83.00 Broken core, Recovery 70% 86.00 87.45 Amphiboli te 87.45 88.04 Pegmatite 88.04 90.10 Amphibolite 90.10 92.54 Orthogneiss (trondhemite), weakly foliated

Amphibolite. Protolith is basic volcanics? Grey-green, fine to medium (locally coarse) grained Describe it as more mafic, little or no free quartz, generally planar foliation and lack of minor folding. Describe coarser grained variety and subordinate intercalated trondhemite units = felsic sills? Unit comprises hornblende (40%), biotite (40%) and plagioclase (20%). The unit is cut by semi-concordant sheets of anatectic pegmatite up to several metres thick (as above). Pyrrhotite (<1%) is ubiquitous as fine disseminations Strongly developed penetrative mineral foliation. Unit is cut by a persistent narrow (<1mm) chlorite-lined fractures (<2%) and partings, parallel to the dominant foliation Moderately hard, flaggy to blocky, competent core Slightly to moderately magnetic Recovery 100%.

94.27 Foliation @72° to ca 97.67 98.04 Pegmatite 99.49 10003 Pegmatite 102.83 Foliation @69° to ca 105.66107.86 Orthogneiss (trondhemite), weakly foliated 105.66 105.78 Sample of amphibolite & trondhemite removed for petrography -iJg 108.17110.69 Pegmatite 111 .79112.80 Pegmatite 113.69 114.85 Pegmatite 114.85115.08 Orthogneiss (trondhemite) 116.98117.07 Pegmatite 118.07 125.10 Orthogneiss (trondhemite), massive long pieces, unfoliated, grational with underlying amphibolite over

2cm 128.80 131.10 Broken core caused by several small pegmatite injections in c. gr massive amphibolite. Recovery 75% 128.00 Foliation @40° to ca 132.30135.50 Pegmatite, composite

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-02

Mineralization Sample From (m) To (m) W1dth (m)

Page 4 of 5

Page 42: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - -U G. Gibson & Associates . ~Black Panther

,, .y Mmino Corp.

DESCRIPTION

137.20137.50 Pegmatite 137.67138.90 Orthogneiss (trondhemite), massive, m. to c. gr. 140.23140.52 Pegmatite 142.90 Foliation @60° to ca, good 146.59147.65 Pegmatite, some core loss 154.54 154.87 Pegmatite, coarse muscovite (20%) 155.00 Foliation @88° to ca, good 155.73156.02 Pegmatite, coarse muscovite (12%) 157.02158.00 Pegmatite, composite 164.15 165.25 Pegmatite 166.67 Foliation @8r to ca 170.96171.50 Pegmatite 172.55 178.26 Pegmatite, blocky, some core loss 180.34180.56 Pegmatite 181.92 Foliation @W to ca

182.00 END OF HOLE Casing left in

Client: BLACK PANTHER MINING CORP.

- - - - - - - - - - -SGW10-02

Mineralization Sample From (m) To (m) Width (m)

Page 5 of 5

Page 43: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - -G G. Gibson & Associates

- - -,. ~Black Panther , · .y Mining Corp.

- - - - - - - - - - -I I I I I SGW10-03

DIAMOND DRILL HOLE RECORD

HOLE NO PROPERTY: LOCATION NTS· CLAIM

SGW10-03 SEAGULL THUNDER BAY 52AI14 4244556

BEARING.· 250" (true) DIP: -45" NORTHING. 5429088 EASTING 352910 ELEVATION. 1350m ASL

SUMMARY LOG

FROM(m) TD(m) DESCRIPTION

0.00 18.00 Casin(j

0.00 14.00 Boulders & rubble

14.00 24.98 GRANITE to SYENITE (English Bay Complex?)

24.98 100.82 OLIVINE DIABASE (Nipigon Sill)

100.82 101.00 GRANITE to SYENITE (English Bay Complex?)

COMMENTS

Client: BLACK PANTHER MINING CORP.

CORE SIZE. NO CASING· 18.0m (left in) LENGTH 101.00m

REMARKS

STARTED.· Jan 11/10 COMPLETED.· Jan 12110 DRILL CO . Cobra DD ltd. FOREMAN· M. PELCHAT

CORE BOXES

B. INTERVAL (m) 8

1 12.00 - 15.82 17

2 15 .82 . 20.26 18

3 20.26 - 24.63 19

4 24.63 - 28.79 20

5 28.79- 33.07 21

6 33.07. 37.03 22

7 37.03- 41.00

8 41.00- 45.19

9 45.19- 49.56

10 49.56 - 53.86

11 53.86 - 58.15

12 58.15- 62.46

13 62.46. 66.87

14 66.87. 71.16

15 71.16- 75.32

16 75.32. 79.41

DIP TESTS

LOG START. Jan 13/10 LOG COMPLETED.· Jan 14110 LOGGED BY· G. GIBSON

INTERVAL (m) 8 INTERVAL (m)

79.41 . 83.31

83.31- 87.37

87.37- 91.81

91.81- 96.25

96.25. 100.46

100.46 -1 01.00

B. INTERVAL (m) 8 INTERVAL (m)

INSTRUMENT AWT ETCH TUBE, 4% HF DEPTH (m) DIP. Uncorr. Corrected AZIMUTH

DEPTH (m) DIP: Uncorr. Corrected AZIMUTH

Collar (unsuNeyed) -45 " 250"

Front Page

-

Page 44: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -G G. Gibson & Associates . ~Black Panther

~, ..y Mining Corp.

DESCRIPTION

0.00 18.00 Casing.

0.00 14.00 Boulders & rubble Clasts: up to 70 em. (80% diabase, 20% granite -see general rock descriptions below). Milled core fragments with rare graphitic gouge. Fines largely removed with drill fluids. Recovery -40%.

14.00 24.98 Granite to Syenite (probable English Bay Complex) Pinkish-grey, massive, homogenous, medium to coarse grained. Comprised of K-spar (22%), plagioclase (20%) and quartz (8%) phenocrysts in a medium grained ground mass of quartz (17%), plagioclase (7%), biotite (8%), clinopyroxene (6%), apatite? (<1%), ilmenite (<0.5%), pyrite (<0.5%) and opaques (1 %). K-spar is present as stout prismatic to eroded ragged phenocrysts, 1-4mm, weakly concentrically zoned & extensively clouded by ocherous orange-brown v. f. gr. Fe-oxide/sericite. Plagioclase occurs as pale grey idiomorphic laths to 3mm often with narrow peripheral growth zonation, partially sausseritized especially along margins and albite twin planes imparting a patchy buff to flesh-colored variegation. Quartz occurs as discrete clear vitreous isolated subhedral crystals to 5mm. The ground mass is made up of intergranular quartz, biotite, augite-diopside and accessory minerals, <1 mm grain size. Pale green equant augite-diopside grains are partially altered to epidote. Biotite books typically show incipient alteration to chlorite. Ratio of phenocrysts to matrix: 60:40 by volume, but unit can grade to crowded matrix-supported quartz-feldspar porphyry A weak but pervasive mineral foliation is accentuated by diffuse quartz-feldspar rich (leucosome), and biotite-augite­enriched (melanosome) compositional bands typically 2-20 em thick. Unit is cut by pale green quartz-chlorite/epidote microveinlets (<2%) 2-20mm thick @20° to ca, and by irregular, dark grey argillaceous/hematitic/chloritic bands and web-like masses (<0.5%) 1-3mm thick @80-90° to ca, parallel to foliation. Moderately hard, blocky, competent core Lower contact is sharp with underlying diabase @72° to ca Recovery -95%.

17.09 17.13 Diabase dyke, dark green, f. gr. chilled, @50° to ca 20.51 20.71 Sample removed for petrography --gg 21 .81 Narrow (2mm) orange K-spar granite micro-dyke @78° to ca and 30° to foliation 21.92 Narrow (5mm) orange K-spar granite micro-dyke @68° to ca, parallel to foliation, potassic alteration

envelope, 2mm 22.68 Narrow (2mm) orange K-spar granite micro-dyke @82° to ca. chloritic envelope 22.78 Foliation@ 68° to ca 23.30 24.35 Broken core, recovery -75% 24.46 24.61 Branching irregular chlorite/biotite veinlets (2-4mm) @70-80° to ca, associated with altered interval in

which biotitie rims (<1 mm) surround irregular residual patches of matrix quartz and skeletal quartz phenocrysts in the host rock.

24.65 24.98 Lowermost portion shows pronounced quartz rimming effect above in combination with overall grain size reduction, fabric homogenization & blurring, and biotite introduction in the host granite. Several included angular fragments of underlying diabase (to 6mm) were noted.

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-03

Mineralization Sample From (m) To (m) Width (m)

Page 1 of 3

Page 45: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -U G. Gibson & Associates . ~Black Panther

, , ,y Mmmo Corp.

24.98 100.82

130.50 107.76

DESCRIPTION

24.82 24.88 Dry planar fractures @2r to ca

Olivine Diabase (Nipigon Sills) Dark green, massive, homogenous, medium grained. Comprised of plagioclase (59%), clinopyroxene (29%), olivine (6%), magnetite (2-3%), ilmenite (1%), pyrrhotite (<0.5%) and chalcopyrite (tr). Primary fabric is holocrystalline, ophitic, with pale grey plagioclase laths (<0.1 x 1mm) enclosed by interlocking green augite oikocrysts (to 0.4mm). Olivine is present as minute scattered to clustered equant bronze to yellow-green grains (<0.2mm). Accessory ilmenite and magnetite occur as minute intergranular segregations, pyrrhotite as fine disseminations and blebs. This unit is characterized by continuous gradation (on a scale of metres) into gabbroic pyroxenite and pyroxenite as noted below, accompanied by increase in primary grain size, reduction in plagioclase content, and increase in augite, olivine and magnetite. Unit is cut by discrete planar microveinlets lined by dark green chlorite, pale greenish white talc (soapy to the touch), and occasionally by bluish grey melanterite/epsomite? crusts & efflorescence (<2%) 2-5 mm thick @35° to ca, slightly calcareous Moderately hard, blocky, tough, competent core Magnetic Lower contact is highly irregular and sh3rply discordant with foliation in underlying granite, -20° to ca Recovery -95%.

24.98 26.50 Chilled margin over upper -1 .50m. Fine grained 25.00 25.48 Rubbly, broken core. Recovery 60% 25.74 26.75 Broken core. Recovery 65% 37.25 37.57 Chlorite-lined brittle fractures, broken core 38.75 39.13 Chlorite-lined brittle fractures @18° to ca. broken core 46.72 89.97 Gabbroic pyroxenite. Gradational contact over several em. Subtle transition is marked by increase in

grain size, with preservation of large ghost-like lavender-green partially resorbed orthopyroxene oikocrysts 15-20mm (40-50%) enclosing plagioclase laths to 1 x 5mm. The surrounding groundmass is dark green medium grained diabase as above, imparting a weak globular mottling to the core. The oikocrysts occasionally reveal cores of cleaved hypersthene with distinctive schillerization to bronze pseudo-metallic sheen or lustre. Plagioclase (40-50%), orthopyroxene (1 0-20%), clinopyroxene (20-30%), olivine (8-15%), magnetite (5-7%). Strongly magnetic. Lower contact difficult to place, gradational over-1m.

47.26 47.34 Talc-actinolite vein @41° to ca. alteration envelope & bleaching in host over 1-2cm 47.60 47.72 Talc-actinolite vein @40° to ca. alteration envelope & bleaching in host over 2cm 52.55 52.72 Sample removed for petrography --gg 53.26 53.44 Talc-actinolite vein @42° to ca, alteration envelope & pale green bleaching in host over Scm 53.80 Talc-chlorite veinlet, 3mm @43° to ca 53.95 Talc-chlorite veinlet, 2mm @29° to ca 54.95 Talc-chlorite veinlet, 2mm @43° to ca 56.93 Braided talc-chlorite veinlet, 2.5cm, with comb-like talc-hornblende selvage @39° to ca. slightly

calcareous

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-03

Mineralization Sample From (m) To (m) W1dth (m)

Page 2 of 3

Page 46: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -U G. Gibson & Associates

~Black Panther •,, ..yJ Mmmg Corp.

100.82 101.00

DESCRIPTION

65.46 Talc-chlorite veinlet. 1mm @48° to ca 65.56 Talc-chlorite veinlet, 4mm @50° to ca 66.60 Biotite-chlorite veinlet, 6mm @45° to ca 67.10 75.10 Pyroxenite. Gradational with overlying gabbroic pyroxenite. Lower contact relatively sharp 1-2cm.

Plagioclase (20-30%), orthopyroxene (30-40%), clinopyroxene (15-25%), olivine (12-15%), magnetite (8-12%). Medium to coarse grained. Poikilitic ortho and clino pyroxenes interlock on a scale of 5-12mm enclosing plagioclase. Dark green & lavender mottled. Magnetite occurs as disseminations and streams of rounded grains to (<0.5-2mm). Very strongly magnetic. Cut by web-like -orthogonal networks of black to dark green serpentine-lined fractures with magnesite typically @25° and 65° to ca representing 1-5% of the rock volume, slightly calcareous.

74.00 74.58 Slickensided serpentine veins. Fractured, disarticulated core. Recovery 60% 77.62 78.08 Pyroxenite. (as 67.10-75.1 0). Relatively sharp upper & lower contacts @80° to ca 79.58 81.62 Pyroxenite. (as 67.10-75.10). Relatively sharp upper & lower contacts @80° to ca 88.26 89.00 Fractures @3r to ca, Broken core. Recovery 80% 89.14 Talc-chlorite veinlet. 12mm @32° to ca 89.44 Talc-chlorite veinlet. 1mm @55° to ca 89.63 Talc-chlorite veinlet, 2mm @28° to ca

98.00 Chlorite-lined brittle fractures @55° to ca 98.95 Chlorite-lined brittle fractures @61 o to ca 98.85 100.82 Chilled margin. Fine grained

Granite to Syenite (probable English Bay Complex) Pinkish-grey, massive, medium to coarse grained. Last core pieces in hole resemble the orange & white compositionally banded granite of 14.00-24.98, as 2 semi­conformable injections (of Scm and 2cm) into grey f. gr. gneiss of the Quetico basement?

100.98 Foliation @82° to ca

END OF HOLE@ 101.00 m Casing left in

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-03

Mineraliza lion Sample From (m) To (m) Width (m)

Page 3 of 3

Page 47: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - -G G. Gibson & Associates

HOLE NO : PROPERTY LOCATION· NTS. CLAIM.

SGW10-04 SEAGULL THUNDER BAY 52H/03 4244555

SUMMARY LOG

FROM(m) TO(m)

0.00 27.00 Cas in

27.00 32.00 Rubble

- -

BEARING. 250" (true) DIP: -45" NORTHING. 5430722 EAS TIN G.· 352286 EL EVA TION 1358m ASL

DESCRIPTION

32.00 84.50 OLIVINE DIABASE (Nipigon Sill)

- - -

CORE SIZE NO CASING: 27.0m (left in) LENGTH 101.00m

REMARKS

84.50 101 .00 GRANITE to SYENITE (English Bay Complex?)

COMMENTS

Client : BLACK PANTHER MINING CORP.

- - - - - -

STARTED. Jan 12/10 COMPLETED. Jan 14/10 DRILL CO . Cobra DD Ltd. FOREMAN. M. PELCHAT

CORE BOXES

B. INTERVAL (m) B

1 2700 - 30.00 17

2 30.00 - 34.55 18

3 34.55- 38.12 19

4 38.12 - 42.00

5 42.00- 46.40

6 46.40- 50.62

7 50.62 - 54.82

8 54.82- 58.57

9 58 .57 - 62.89

10 62.89 - 65.32

11 65.32 - 71 .24

12 71 .24- 75.45

13 75.45- 79.15

14 79.15- 8338

15 83.38- 87.40

16 87.40- 91.82

DIP TESTS

LOG START Jan 15110 LOG COMPLETED: Jan 15/10 LOGGED BY G. GIBSON

INTERVAL (m) B INTERVAL (m)

91.82 - 96.00

96.00- 100.28

100.28-101.00

INSTRUMENT AWT ETCH TUBE, 4% HF DEPTH{m)

DEPTH(m) DIP: Uncorr. Corrected AZIMUTH

Collar (unsurveyed) -45" 250"

B.

- - - -

INTERVAL (m) B INTERVAL (m)

DIP. Uncorr. Corrected AZIMUTH

Front Page

Page 48: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - -G G. Gibson & Associates

0.00 27.00 Casing.

27.00 32.00 Rubble

- - -. ~Black Panther ~, ,y Mining Corn.

-DESCRIPTION

-

Clasts: up to 70 em. (95% diabase, 5% granite- see general rock descriptions).

-

Milled core fragments with rare graphitic gouge. Fines largely removed with drill fluids. Recovery -40%.

32.00 84.50 OLIVINE DIABASE (Nipigon Sills)

- -

Mostly in the gabbroic pyroxenite. 2.5m of chilled margin, lower contact @42° to ca against underlying granite, sharp.

84.50 101.00 Granite to Syenite (probable English Bay Complex) Pinkish-grey, massive, homogenous, medium to coarse grained. Slightly foliated in sections. Incipient fracturing as per SGW10-05.

END OF HOLE@ 101.00 m Casing left in

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-04

Mlileralizatton Sample From (m) To (m) Width (m)

Page 1 of 1

Page 49: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - -G G. Gibson & Associates

- - -• ~Black Panther ,.,-v Mining Corp.

- - - -- - --SEAGULL PROJECT -2010

DIAMOND DRILL HOLE RECORD

HOLE NO.: SGW10-05 BEARING. 250" (true) CORE SIZE NQ PROPERTY. SEAGULL DIP -45' CASING 29.0m (left in) LOCATION THUNDER BAY NORTHING. 5431338 LENGTH 149.00m NTS: 52HI02 EAST!NG. 352112 CLAIM 4244553 ELEVATION· 1344m ASL

SUMMARY LOG FROM(m) TO(m) DESCRIPTION REMARKS

0.00 29.00 Casing

29.00 32.00 Rubble

32.00 107.76 OLIVINE DIABASE (Nipigon Sills)

107.76 130.50 Quetico Basement

130.50 149.00 GRANITE and MICROBRECCIA (English Bay Cmplx?)

108.88 141.47 Note: QUARTZ-ALKALI-FELDSPAR PORPHYRY Apophyses of EBC?

COMMENTS

Hole encountered -9 metres of well developed hematitic microbreccia containing disseminated CP

at top of assumed English Bay Complex (IOCG - Olympic Dam style mineralization). More drilling is

warranted to north to test continuity.

Client: BLACK PANTHER MINING CORP .

STARTED. Jan 14/10 LOG START Jan 15/10 COMPLETED. Jan 16/10 LOG COMPLETED. Jan 17/10 DRILL CO Cobra DO Ltd. LOGGED BY. G. GIBSON FOREMAN. M. PELCHAT

CORE BOXES

B. INTERVAL (m) 8 INTERVAL (m) 8 INTERVAL (m) 8

1 29.00 - 32.62 17 93.57 - 97.20

2 32.62 . 36.72 18 97.20-101.00

3 36.72- 40.84 19 101.00-105.17

4 40.84 - 45.12 20 105.17-109.73

5 45.12- 49.52 21 109.73 -1 13.17

6 49.52. 53.78 22 113.17-117.17

7 53.78- 58.14 23 117.17- 121.26

8 58.14- 62.31 24 121.26-125.39

9 62.31- 66.68 25 125.39-129.61

10 66.68- 70.25 26 129.61-133.87

11 70.25. 73.75 27 133.87-137.80

12 73.75- 77.78 28 137.80-141.90

13 77.78- 81 .86 29 141.90-146.04

14 81.86- 86.00 30 146.04-149.00

15 86.00 - 89.69

16 89.69 - 93.57

DIP TESTS

INSTRUMENT AWT ETCH TUBE, 4% HF DEPTH(m)

DEPTH(m) DIP: Uncorr Corrected AZIMUTH

Collar (unsurveyed) -45' 250'

- - - -SGW10-05

INTERVAL (m) 8 INTERVAL (m)

DIP: Uncorr. Corrected AZIMUTH

Front Page

Page 50: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -U G. Gibson & Associates ~ ~Black Panther

--< ..y Mining Corp.

DESCRIPTION

0.00 29.00 Casing (16m of casing was broken off & lost. hole moved 2' and re-drilled).

29.00 32.00 Rubble Clasts: up to 70 em. (98% diabase, 2% granite- see general rock descriptions below). Milled core fragments with rare graphitic gouge. Fines largely removed with drill fluids. Recovery -60%.

32.00 107.76 OLIVINE DIABASE (Nipigon Sills) Dark green, massive, homogenous, medium grained. Comprised of plagioclase (59%), clinopyroxene (29%), olivine (6%), magnetite (2-3%), ilmenite (1%), pyrrhotite

(<0.5%) and chalcopyrite (tr). Primary fabric is holocrystalline, ophitic, with pale grey plagioclase laths (<0.1 x enclosed by interlocking green augite oikocrysts (to 0.4mm). Olivine is present as minute scattered to clustered equant bronze to yellow-green grains (<0.2mm). Accessory ilmenite and magnetite occur as minute intergranular segregations, pyrrhotite as fine disseminations and blebs.

This unit is characterized by continuous gradation (on a scale of metres) into gabbroic pyroxenite and pyroxenite as noted below, accompanied by increase in primary grain size, reduction in plagioclase content, and increase in augite, olivine and magnetite.

Unit is cut by discrete planar microveinlets lined by dark green serpentine, pale greenish white talc (soapy to the touch), and occasionally by bluish grey melanterite/epsomite crusts & efflorescence (<2%) 2-5 mm thick @35° to CA, slightly calcareous.

Moderately hard, blocky, tough, competent core. Magnetic. Lower contact is sharp against Quetico basement. but very difficult to discern due to fine grain size and dark grey

colors, -32° to CA & about 25° of discordance with banding in the underlying gneiss. Recovery -95%.

33.59 = Subrounded inclusion of gabbroic pyroxenite, 2cm x 3cm. 35.24 = Serpentine-lined brittle fracture @34° to CA

- -Mineraliza lion

36.46 to 40.88 = Gabbroic pyroxenite. Gradational contact over several em. Subtle transition is marked by increase Pyrrhotite tr -1% in grain size, with preservation of large ghost-like lavender-green partially resorbed orthopyroxene oikocrysts 15-20mm (40-50%) enclosing plagioclase laths to 1 x 5mm. The surrounding groundmass is dark green medium grained diabase as above, imparting a weak globular mottling to the core. The oikocrysts occasionally reveal cores of cleaved hypersthene with distinctive schillerization to bronze pseudo-metallic sheen or lustre. Plagioclase (40-50%), orthopyroxene (10-20%), clinopyroxene (20-30%), olivine (8-15%), magnetite (5-7%). Strongly magnetic. Lower contact difficult to place, gradational over-1m.

41.40 to 44.22 = Gabbroic pyroxenite. Fairly sharp contacts. Distinctly separate phase from the olivine diabase. Pyrrhotite tr- 1% 45.78 =Chlorite-lined brittle fracture @47" to CA, some core loss over Scm

46.21 to 101.34 = Gabbroic pyroxenite. (as above) Pyrrhotite tr- 1% 49.62 = Serpentine-lined brittle fracture @40° to CA

- - - -SGW10-05

Sample From (m) To (m) Widlh (m)

Client: BLACK PANTHER MINING CORP. Page 1 of 4

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Page 51: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -G G. Gibson & Associates . ~Black Panther

~, ,y Mining Corp.

107.76 130.50

DESCRIPTION

56.15 to 56.45 = Partially resorbed block of much lighter coarse grained granophyre(?), gabbro(?). 56.B2 to 57.93 =Larger contained block as above, fairly sharp contacts over 5mm

57.66 to 57.74 =Acicular actinolite, with plagioclase in a pyroxenitic groundmass (diktytaxitic- possible void filling after vaporization of volatiles during cooling). Sample removed for petrography -9g

63.07 =Serpentine-lined brittle fracture @53° to CA 68.55 to 69.25 = Broken core, recovery 60% 73.14 =Serpentine-lined brittle fracture @44° to CA 76.36 =Serpentine-lined brittle fracture @47" to CA B1.32 =Sheeted quartz-chlorite-hornblende(?) vein, 12mm @29° to CA 85.45 to 87.19 = Broken core, recovery 75% 87.50 =Sheeted talc-magnesite(?) veinlet, 4mm @34° to CA 90.35 to 91.15 =Broken core, recovery 85% 91.65 to 92.00 = Broken core, recovery 90% 96.30 =Serpentine-lined brittle fractures @44° & 25° giving the orthogonal set noted in #3 and leading to the bad

ground in the subsequent box

96.68 to 101.00 = Badly broken core, recovery -60% in all of box #18

104.32 to 107.76 = Chilled margin

105.00 =Serpentine-lined brittle fracture @72° to CA

(Quetico Basement) Meta greywacke. Protolith is feldspathic greywacke, impure clastics Grey-brown, fine to medium grained Swirled quartz (35%) feldspar (35%) biotite (1 0%) diopside (1 0%) hornblende (5%) gneiss containing 10-20% free quartz

segregations as augen, lenses, rootless fold hinges & discontinuous layers to 5cm wide. Typically shows weak color banding by alternating brown (biotite-rich) and green-grey calc-silicate (diopside-rich) compositional bands 2-20mm wide. Recurring dark green weakly banded amphibolite sub-units made up of hornblende (40%), biotite (40%) and plagioclase (20%) aggregate several metres in thickness and locally comprise up to 30% of the rock volume.

Pyrrhotite (<1%) is ubiquitous as fine disseminations. Strongly developed penetrative mineral foliation. Minor folds are indicative of isoclinal deformation. Mineralogy, fabric and partial melting are indicative of upper amphibolite to granulite facies regional metamorphism. Unit is cut by a persistent narrow (<1mm) chlorite-lined fractures (<2%) and partings, parallel to the dominant foliation. Uppermost few metres is hematite stained (weathering of Quetico landmass below Sibley unconformity). Moderately hard, flaggy to blocky, competent core. Generally non-magnetic. Lower contact with granite is abrupt, placed at last recognized amphibolite band.

Client: BLACK PANTHER MINING CORP.

- - - - - - -SGW10-05

Mineralization Sample From (m) To (m) Width (m)

Page 2 of 4

Page 52: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - -U G. Gibson & Associates . ~Black Panther

' ,y Mming Corp.

From (m) To (m) DESCRIPTION

Recovery 100%

107.76 to 110.43 =Upper part is distinctly ferruginous, mainly amphibolitic

108.41 to 108.49 = Sample removed for petrography --{lg

- - -

108.88 to 108.92 =QUARTZ-ALKALI-FELDSPAR-PORPHYRY. Distinctive orange, buff and white mottled, massive,

-

coarse grained. Orange K-spar (30%) and buff-orange perthite (45%) occur as large interlocking irregular CP tr porphyrocrysts up to 2 x 3cm in size with interstitial white quartz (18%), and relict pockets of biotite (6%) now almost completely altered to chlorite. The unit displays a characteristic vermicular, worm-like texture locally trending to graphic granite. It is extensively hematized along a multi-stage network of quartz-filled microveinlets (partially healed) and is cut by discrete narrow chlorite-lined brittle fractures (1 %) with pyrite (1 %) and chalcopyrite (tr). The unit varys little in composition and sharply cross-cuts other lithologies as recurring dykes and complex intruding masses from a few centimetres up to several metres thick. It is interpreted as a late volitile-rich phase, probably organized into apophyses of the granite (English Bay Complex) noted at the base of the hole, but also intrusive into it. Moderately hard, blocky, hackly, moderately competent core. Non-magnetic. Contacts of this first 4 em dyke are@ 30° to CA, concordant with compositional banding and foliation in Quetico. Recovery -95%

109.25 = Compositional (color) banding @ 56° to CA 109.53 to 109.68 = Quartz-alkali-feldspar porphyry (as 108.88-1 08.92), contacts sharply discordant.

110.70 to 111.45 = Quartz-alkali-feldspar porphyry (as 108.88-1 08.92), contacts sharply discordant. 112.29 to 112.76 = Quartz-alkali-feldspar porphyry (as 108.88-1 08.92), contacts sharply discordant.

112.62 to 112.72 =Sample removed for petrography --{lg

112.92 to 113.00 =Quartz-alkali-feldspar porphyry (as 108.88-1 08.92). 114.66 to 114.90 =Quartz-alkali-feldspar porphyry (as 108.88-1 08.92). 117.04 to 117.64 =Diabase(!) -lower contact@ 56° to ca, conformable with foliation in Quetico. 120.13 to 120.32 = Quartz-alkali-feldspar porphyry (as 108.88-1 08.92). 120.41 to 120.69 =Quartz-alkali-feldspar porphyry (as 108.88-108.92). 120.75 to 121.10 =Quartz-alkali-feldspar porphyry (as 1 08.88-108.92). 121.89 to 124.20 =Quartz-alkali-feldspar porphyry (as 1 08.88-108.92).

124.20 to 130.50 = Lower interval of Quetico grades to very dark green banded, fine grained amphibolite, spotted with black hornblende crystals to 2mm.

124.29 to 124.39 = Quartz-alkali-feldspar porphyry (as 108.88-1 08.92). 124.85 to 125.20 = Pegmatite, semi-conformable

Client: BLACK PANTHER MINING CORP.

- - - - - -SGW10-05

Mineralization Sample From (m) To (m) W1dth (m)

H186209 109.00 109.53 0.53 H186210 109.53 109.68 0.15 H186211 109.68 110.00 0.32 H186212 110.00 110.70 0.70 H186213 110.70 111.45 0.75 H186214 111.45 112.29 0.84 H186215 112.29 112.76 0.47 H186216 112.76 113.76 1.00 H186217 113.76 114.66 0.90 H186218 114.66 114.90 0.24 H186219 114.90 116.00 1.10 H186220 116.00 117.00 1.00 H186221 117.00 118.00 1.00 H186222 118.00 119.00 1.00 H186223 119.00 120.13 1.13 H186224 120.13 121.00 0.87 H186225 121.00 121.89 0.89 H186226 121.89 123.00 1.11 H186227 123.00 124.20 1.20 H186228 124.20 125.00 0.80 H186229 125.00 126.00 1.00

Page 3 of 4

Page 53: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - - - - - - -G G. Gibson & Associates . ~Black Panther

,· ,y Mming Corp.

DESCRIPTION

125.30 to 125.36 =Quartz-alkali-feldspar porphyry (as 108.88-1 08.92). 129.20 = Compositional banding & foliation@ 70° to CA

130.50 149.00 GRANITE and MICROBRECCIA (English Bay Complex?) Pinkish-orange & white spotted (fresh) to deep brick red, veined with black (where hematite altered), massive,

homogenous, medium grained. Comprised of quartz (35%), K-spar (45%), plagioclase (10%), hornblende (7%), biotite (2%) and accessory magnetite

(1 %). Primary fabric is equigranular phaneritic with pinkish-orange euhedral K-spar (1-3mm), white polycrystalline quartz (1-2mm), plagioclase (1 mm) and intergranular chloritized hornblende (<0.5 x 2mm laths). Magnetite is present as rare subhedral grains (<0.1 mm).

The upper -9 metres is extensively disrupted by fractures at 20°, 55° and BOo to theCA localizing specular hematite (5-20%), actinolite and chlorite in stockwork vein networks (veins <1 to 3mm) locally comprising up to 30% of the rock volume. Chalcopyrite (tr-1 %) and pyrite (2-3%) line fractures. The resulting hematized crackle breccia (or autobreccia) fabric, with little or no fragment realignment, is characteristic of microbreccias in IOCG (Iron Oxide Copper Gold) settings.

Moderately hard, blocky, competent core. Slightly magnetic. Recovery -95%.

130.50 to 134.00 =Quartz-alkali-feldspar porphyry (as 108.88-1 08.92).

131.00 to 131.12 =Sample removed for petrography -gg 131.12 =Chalcopyrite noted on fractures (1%).

134.00 to 139.77 =Strongly developed crackle breccia across both granite and quartz-alkali-feldspar porphyry, imparts a black on brick-red coloration to the unit.

139.00 to 139.42 =Strong hematite stockwork (30%) (see photos) 139.30 to 139.36 =Sample removed for petrography -gg

139.79 to 140.40 = Quartz-alkali-feldspar porphyry (as 1 08.88-108.92). 141.18 to 141.47 =Quartz-alkali-feldspar porphyry (as 108.88-108.92). 141.47 to 149.00 = Fracturing persists to the end of the hole typically@ 55° to CA (but with visibly less strength than

134.00 to 139.77). 148.93 to 149.00 =Sample removed for petrography -gg

149.00 END OF HOLE

Client: BLACK PANTHER MINING CORP.

- -Mineraliza/ion

CPtr-1%

CP1%

- - - --SGW10-05

Sample From (m) To (m) Widlh (m)

H186230 126.00 127.00 1.00 H186231 127.00 128.00 1.00 H186232 128.00 129.00 1.00 H186233 129.00 130.50 1.50

H186234 130.50 131.00 0.50 H186235 131.00 132.00 1.00 H186236 132.00 133.00 1.00 H186237 133.00 134.00 1.00 H186238 134.00 135.00 1.00 H186239 135.00 136.00 1.00 H186240 136.00 137.00 1.00 H186241 137.00 138.00 1.00 H186242 138.00 139.00 1.00 H186243 139.00 139.42 0.42 H186244 139.42 140.00 0.58 H186245 140.00 141.00 1.00 H186246 141.00 142.00 1.00 H186247 142.00 143.00 1.00 H186248 143.00 144.00 1.00 H186249 144.00 145.00 1.00 H186250 145.00 146.00 1.00 H421187 146.00 147.00 1.00 H421188 147.00 148.00 1.00 H421189 148.00 149.00 1.00

Page 4 of 4

Page 54: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

I I I I I I I I I I I I I I I I I I I

. ~Black Panther ,-.y Mining Corp.

Appendix II

Certificates of Analysis

2489 Bellevue Avenue, West Vancouver, British Columbia V7V lEI

Page 55: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-------------------TB10009376- Finalized CLIENT : "BLAPAN - Black Panther Mining Corp" # of SAMPLES : 46 DATE RECEIVED: 2010-01-28 DATE FINALIZED: 2010-02-04 PROJECT : "Seagull" CERTIFICATE COMMENTS : "ME-MS41 :Gold determinations by this method are semi-quantitative due to the small sample weight used (0.5g). " PO NUMBER : " "

ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 SAMPLE Ag AI As Au B Ba Be Bi Ca Cd Ce Co DESCRIPl ppm % ppm ppm ppm ppm ppm ppm % ppm ppm ppm H186208 0.02 2.94 1.1 <0.2 <10 30 1.02 0.03 0.51 0.01 22.8 16 H186209 0.01 2.74 1 <0.2 <10 50 0.85 0.01 0.28 0.01 47.8 13.2 H186210 0.01 1.52 1 <0.2 <10 20 0.68 0.02 0.47 <0.01 42.1 5.3 H186211 0.01 2.69 1.2 <0.2 <10 40 0.97 0.02 0.34 <0.01 70.9 11.8 H186212 0.02 3.15 0.8 <0.2 <10 40 1.37 0.03 0.3 <0.01 79.3 12.8 H186213 0.01 0.77 0.5 <0.2 <10 20 0.37 0.13 0.09 0.01 22.9 2.7 H186214 0.01 2.75 0.9 <0.2 <10 30 0.98 0.04 0.25 <0.01 85.6 11.1 H186215 0.01 0.87 0.6 <0.2 <10 20 0.29 0.13 0.22 0.01 62.4 3.6 H186216 0.01 2.09 1 <0.2 <10 30 0.78 0.05 0.19 <0.01 72.9 8.8 H186217 0.01 2.77 1.2 <0.2 <10 30 0.92 0.08 0.26 <0.01 92.8 12.1 H186218 0.01 1.14 0.5 <0.2 <10 10 0.34 0.15 0.13 <0.01 46.5 5.3 . H186219 0.01 2.6 1 <0.2 <10 20 0.81 0.14 0.22 <0.01 77.6 12.3 H186220 0.01 2.8 1 <0.2 <10 20 0.84 0.09 0.24 <0.01 101 14.5 H186221 0.02 2.86 0.7 <0.2 <10 20 1.04 0.16 0.21 <0.01 84.7 15.4 H186222 0.01 2.85 0.8 <0.2 <10 40 1.03 0.07 0.21 0.01 40 15.4 H186223 0.01 3.38 0.8 <0.2 <10 80 0.96 0.09 0.21 0.01 25.7 18.8 H186224 0.02 1.33 0.5 <0.2 <10 30 0.5 0.23 0.16 <0.01 33.3 7.6 H186225 0.02 2.97 0.8 <0.2 <10 60 1.19 0.18 0.22 <0.01 30.6 17.7 H186226 0.01 1.63 0.5 <0.2 <10 50 0.94 0.06 0.07 <0.01 9.97 8.1 H186227 0.01 0.91 0.5 <0.2 <10 60 0.37 0.14 0.03 <0.01 12.9 4.3 H186228 0.02 3.12 0.4 <0.2 <10 50 1.37 0.27 0.18 <0.01 81.5 13.9 H186229 0.02 3.38 0.3 <0.2 <10 30 1.44 0.5 0.22 <0.01 150.5 16.3 H186230 0.01 3.26 0.3 <0.2 <10 30 1.27 0.27 0.21 <0.01 80.2 14.3 H186231 0.01 3.27 0.3 <0.2 <10 30 1.1 0.21 0.2 <0.01 78.7 13.4 H186232 0.01 3.44 0.3 <0.2 <10 20 1.02 0.26 0.21 <0.01 71.9 13.3 H186233 0.01 3.17 0.3 <0.2 <10 20 1.19 0.15 0.18 <0.01 87.9 12.8 H186234 0.01 0.65 0.7 <0.2 <10 20 0.33 0.17 0.05 <0.01 30.8 3

Page 56: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-------------------H186235 0.01 0.54 0.7 <0.2 <10 20 0.32 0.16 0.05 <0.01 22.5 2.3

H186236 0.01 0.37 0.4 <0.2 <10 10 0.24 0.05 0.03 <0.01 18.55 1.5

H186237 0.01 0.58 0.4 <0.2 <10 20 0.24 0.08 0.04 <0.01 14.9 2.5

H186238 0.04 0.88 4.1 <0.2 <10 10 0.33 0.19 0.04 0.1 37.2 3.7

H186239 0.01 0.74 0.6 <0.2 <10 10 0.36 0.06 0.04 <0.01 35.6 2.6

H186240 0.01 0.58 0.3 <0.2 <10 20 0.23 0.06 0.04 <0.01 12.9 1.8

H186241 0.01 0.59 0.4 <0.2 <10 20 0.27 0.16 0.04 <0.01 16.2 1.8

H186242 0.01 0.92 0.7 <0.2 <10 20 0.33 0.05 0.04 <0.01 37.4 3.1

H186243 0.02 1.65 1.1 <0.2 <10 40 0.56 0.22 0.05 <0.01 54.7 4.6

H186244 0.01 0.91 0.5 <0.2 <10 30 0.31 0.08 0.04 <0.01 33.7 3.2

H186245 <0.01 0.53 0.2 <0.2 <10 20 0.23 0.06 0.1 <0.01 23.4 2

H186246 0.01 0.46 0.3 <0.2 <10 20 0.22 0.05 0.03 <0.01 26.4 1.7

H186247 0.01 0.34 0.4 <0.2 <10 20 0.44 0.03 0.03 <0.01 35.7 1.2

H186248 0.01 0.35 0.4 <0.2 <10 20 0.72 0.05 0.03 <0.01 35.9 1.1

H186249 0.01 0.61 0.3 <0.2 . <10 30 0.42 0.05 0.05 <0.01 47.6 1.6

H186250 <0.01 0.5 0.5 <0.2 <10 10 0.28 0.04 0.04 <0.01 46.3 1.7

H421187 0.01 0.52 0.2 <0.2 <10 10 0.22 0.03 0.05 <0.01 32 1.7

H421188 0.01 0.37 0.2 <0.2 <10 10 0.19 0.07 0.03 <0.01 27 1.2

H421189 0.01 0.39 0.5 <0.2 <10 10 0.2 0.08 0.04 <0.01 51.1 1.3

Page 57: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41

Cr Cs Cu Fe Ga Ge Hf Hg In K La Li Mg

ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm % 176 1.15 305 5.02 15.6 0.13 0.45 0.01 0.016 0.21 11.2 103 3.57

256 1.46 2.5 4.69 15.7 0.11 0.31 0.01 0.005 0.39 21.3 75.9 3.14

64 1.02 2.2 2.43 8.64 0.09 0.17 0.01 0.006 0.16 16.9 61.7 1.72

177 1.17 4.1 4.47 14.6 0.14 0.21 0.01 0.01 0.26 30.1 88.6 3.19

193 1.35 1.1 4.37 15.9 0.13 0.21 0.01 0.008 0.3 29.2 118.5 3.69 27 0.3 2.4 1.44 4.76 <0.05 0.29 0.01 <0.005 0.13 10.3 28.4 0.81

200 0.66 1.1 4.07 14.5 0.13 0.23 <0.01 0.005 0.2 37.2 102.5 3.3

50 0.26 2.2 1.41 5.28 0.07 0.11 0.01 <0.005 0.14 29.4 28.7 0.85

157 0.61 1.1 3.28 11.35 0.11 0.27 0.01 <0.005 0.24 37 77.5 2.35 198 0.53 1.2 4.36 13.55 0.14 0.29 <0.01 0.005 0.22 46.5 110 3.2

52 0.26 1.7 1.86 5.65 0.06 0.11 0.01 0.005 0.12 24.1 44.4 1.13

200 0.52 1.7 4.08 12.95 0.13 0.24 <0.01 0.006 0.19 40.1 96.4 2.89

174 0.54 1.4 4.37 13.3 0.15 0.23 <0.01 0.006 0.2 55.3 101 3.08

190 1.54 3.4 4.93 14 0.14 0.29 0.01 0.007 0.33 43 96.3 2.76

195 1.98 2.2 4.83 13.45 0.1 0.25 0.01 0.006 0.54 18.8 89.1 2.69

229 2.99 5 6.89 18 0.12 0.24 0.01 0.009 0.68 12.2 109.5 3.27

64 0.93 37.1 2.32 7.52 0.07 0.27 0.01 <0.005 0.27 16.9 38.8 1.03

150 2.32 23 5.33 16.15 0.11 0.27 <0.01 0.007 0.59 15.1 98 2.42

59 1.91 8.1 2.74 8.73 0.05 0.58 0.01 0.008 0.6 4.3 40 1.07

5 0.43 8.6 1.52 4.51 <0.05 0.63 0.01 0.005 0.19 6.7 24.9 0.71

169 4.12 16.2 5.34 17.75 0.15 0.39 0.01 0.02 0.84 42 104 2.17

209 3.05 60.5 6.47 22.3 0.21 0.34 <0.01 0.026 0.54 79.2 102 2.69

200 3.36 22.9 5.81 18.25 0.16 0.27 <0.01 0.033 0.63 40.2 89.6 2.47

256 3.1 23.9 5.72 18.6 0.17 0.27 0.01 0.034 0.6 40.2 77.1 2.56

289 3.01 30.6 6.46 20.9 0.17 0.32 0.01 0.031 0.51 35.9 82.4 2.81

173 2.56 13.8 5.53 17.05 0.16 0.29 <0.01 0.029 0.51 42.8 77.6 2.47 17 0.47 29.4 1.54 3.46 0.06 0.4 0.01 0.006 0.16 16.4 17.6 0.45

Page 58: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-------------------7 0.49 41.9 1.56 2.79 <0.05 0.15 0.01 <0.005 0.14 11.2 16.7 0.38 5 0.43 6.7 1.12 2.01 <0.05 0.25 0.01 <0.005 0.12 9.6 9.7 0.22

10 0.38 13.7 1.4 2.92 <0.05 0.25 0.01 <0.005 0.12 7.7 16.6 0.41

6 0.54 23.1 1.96 4.32 <0.05 0.55 0.01 0.01 0.16 17.4 21.5 0.58 6 0.55 9.3 1.87 3.6 <0.05 0.69 <0.01 <0.005 0.14 16.6 18.7 0.51

5 0.42 9.1 1.37 2.98 <0.05 0.36 <0.01 <0.005 0.13 6.4 15.2 0.38 6 0.48 17.9 1.48 2.94 <0.05 0.3 <0.01 <0.005 0.14 8.2 15 0.36 7 0.47 18.2 2.48 4.28 <0.05 0.38 <0.01 <0.005 0.15 18.5 25.3 0.66

14 0.68 593 8.09 6.98 0.09 0.47 <0.01 0.019 0.25 30 49.3 1.26

6 0.39 169.5 2.44 4.19 <0.05 0.42 <0.01 0.005 0.15 17.3 30.1 0.69 8 0.44 88.8 1.32 2.89 <0.05 0.27 <0.01 <0.005 0.11 12.3 14 0.39 7 0.44 54.6 1.16 2.64 <0.05 0.32 <0.01 <0.005 0.11 14.1 11.6 0.3 6 0.39 45.2 0.97 2.06 <0.05 0.3 <0.01 <0.005 0.11 17.7 6.7 0.16

5 0.55 57.7 0.83 2.18 <0.05 0.44 <0.01 <0.005 0.11 16.4 7.1 0.17 11 0.46 114.5 1.32 4.15 <0.05 0.57 <0.01 <0.005 0.11 22.2 14.1 0.37

9 0.39 29 1.2 3.74 <0.05 0.46 <0.01 <0.005 0.11 21.3 9.9 0.27

9 0.3 9.9 1.08 4.04 <0.05 0.46 <0.01 <0.005 0.1 15.5 10.7 0.28 5 0.34 19.2 1 2.56 <0.05 0.44 <0.01 <0.005 0.1 13 7.1 0.17 7 0.33 22 0.94 2.7 <0.05 0.29 <0.01 <0.005 0.11 25.7 7.3 0.19

Page 59: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-------------------

ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 Mn Mo Na Nb Ni p Pb Rb Re s Sb Sc Se ppm ppm % ppm ppm ppm ppm ppm ppm % ppm ppm ppm

534 1.46 0.06 0.09 81.6 890 1 11.6 <0.001 0.04 <0.05 10.8 0.5 273 0.49 0.05 0.07 100.5 830 0.8 17.7 <0.001 <0.01 <0.05 10.9 0.2 195 0.14 0.06 0.07 41.6 1790 0.9 8.7 <0.001 0.01 <0.05 4.2 0.4 295 0.24 0.05 0.07 79.5 900 2.3 13.5 <0.001 0.03 <0.05 9.7 0.3 326 0.16 0.04 0.05 91.4 820 0.8 15.9 <0.001 0.01 <0.05 9.4 0.3 104 0.12 0.08 0.05 19.1 230 1 6.5 <0.001 0.02 <0.05 1.8 <0.2 275 0.19 0.04 0.05 86 820 0.6 10.4 <0.001 0.01 <0.05 7.6 0.2 114 0.12 0.08 <0.05 22.6 900 1.8 5.9 <0.001 0.01 <0.05 2 0.3 252 0.2 0.05 0.05 66.6 720 0.7 11.6 <0.001 0.01 <0.05 5.6 0.3 428 0.27 0.04 <0.05 87 900 0.9 10.6 <0.001 0.01 <0.05 6.8 0.3 197 0.19 0.06 <0.05 30.3 500 0.9 6.5 <0.001 0.01 <0.05 2.3 <0.2 450 0.26 0.05 <0.05 82.6 860 0.8 8.9 <0.001 0.01 <0.05 7.2 0.3 569 0.23 0.04 <0.05 89.4 860 1.5 10.7 <0.001 0.01 <0.05 6.5 0.3 462 0.61 0.05 <0.05 83.8 820 1 18 <0.001 0.01 <0.05 7.7 0.4 338 0.38 0.06 0.05 96.5 860 0.9 28.9 <0.001 0.01 <0.05 8.4 0.4 508 0.46 0.05 0.06 107.5 780 1.6 34.2 <0.001 0.01 <0.05 9.6 0.4 282 0.34 0.06 0.07 34.4 670 2.2 15 <0.001 0.01 <0.05 3.5 0.5 451 0.64 0.04 0.07 95.4 870 1 32.6 <0.001 0.02 <0.05 9.2 0.4 181 0.35 0.04 0.14 46.7 230 2.5 39 <0.001 0.01 <0.05 4.5 0.2 252 0.3 0.04 <0.05 9.8 50 1.4 9.7 <0.001 0.01 <0.05 0.5 0.2 244 0.86 0.06 0.06 70.6 680 0.9 40.7 <0.001 <0.01 <0.05 8.5 0.3 388 0.99 0.05 0.06 83.8 850 0.9 29.4 <0.001 0.02 <0.05 10.1 0.4 349 0.59 0.07 <0.05 86.8 870 1.2 38.1 <0.001 0.01 <0.05 12.4 0.4 356 0.59 0.07 0.07 93.4 830 1 38.2 <0.001 0.01 <0.05 13.3 0.4 345 0.82 0.06 0.08 97.3 930 1.8 30.4 <0.001 0.01 <0.05 13.4 0.3 316 0.48 0.06 0.06 79.2 770 7.5 32.9 <0.001 0.01 <0.05 9.4 0.3 121 0.28 0.04 0.07 12.4 150 1.6 8.7 <0.001 0.02 <0.05 1.3 0.2

Page 60: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-------------------102 0.37 0.03 0.1 6.7 100 1.1 8.1 <0.001 0.02 <0.05 1.3 0.2 73 0.23 0.03 0.1 3.4 50 1.1 7 <0.001 0.01 <0.05 0.7 0.2

135 0.18 0.03 0.06 7.7 90 0.9 6.8 <0.001 0.02 <0.05 1.1 0.2 227 0.19 0.04 0.13 18 100 7.7 10.2 <0.001 0.01 0.12 1.6 0.2

183 0.24 0.03 0.32 7.1 90 2.4 10.1 <0.001 0.02 <0.05 1.1 0.2 136 0.18 0.03 0.07 5.1 110 1.9 7.9 <0.001 0.02 <0.05 0.8 0.2 131 0.29 0.04 0.08 4.6 100 1.7 8.4 <0.001 0.02 0.05 0.8 0.2 212 0.54 0.02 0.1 6.5 100 1.7 9.5 <0.001 0.02 <0.05 0.9 0.2

244 4.68 0.02 0.19 12.5 110 1.6 17.7 <0.001 0.08 0.15 1.7 0.3 191 0.78 0.02 0.12 7.6 110 1.2 9.6 <0.001 0.03 <0.05 1.1 0.2 112 0.17 0.03 0.09 9 80 1.3 6.1 <0.001 0.03 <0.05 1 0.2 100 0.16 0.03 0.1 6.6 90 1.2 5.7 <0.001 0.02 <0.05 0.8 0.2 61 0.2 0.04 0.19 3.2 70 1.1 6 <0.001 0.01 <0.05 0.7 0.3

63 0.17 0.04 0.4 3.3 70 1.2 6.5 <0.001 0.02 <0.05 0.7 0.3 109 0.11 0.03 0.08 5.6 180 1.1 5.9 <0.001 0.02 <0.05 0.9 0.3 92 0.11 0.04 0.1 4.7 140 1 6.3 <0.001 0.01 <0.05 0.9 0.3

83 0.09 0.04 0.05 5 160 1.2 5.1 <0.001 0.01 <0.05 1 0.2 54 0.11 0.03 0.08 3.3 70 1.3 5.3 <0.001 0.01 <0.05 0.7 0.2 58 0.11 0.04 0.06 3.4 120 6.8 6.1 <0.001 0.01 <0.05 0.7 0.2

Page 61: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

----- ---------------------

ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 ME-MS41 Sn Sr Ta Te Th Ti Tl u v w y Zn Zr ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm ppm ppm

1.1 11.2 <0.01 0.03 8.4 0.13 0.04 2.19 98 0.53 10.5 65 16.6 0.8 12.3 <0.01 <0.01 9.5 0.104 0.07 2.43 112 0.13 8.44 36 10.7 0.5 13 0-.01 <0.01 3.8 0.041 0.03 0.89 42 0.12 20.4 32 4.9 1.8 14 <0.01 <0.01 7.9 0.101 0.06 1.73 96 0.63 11.15 49 7.7

1 13.7 <0.01 <0.01 9.7 0.087 0.05 2.19 99 0.12 9.61 54 8.3 0.9 7.4 <0.01 0.02 6.1 0.016 0.04 0.85 19 0.59 3.82 17 7.8 0.9 9 <0.01 <0.01 9.3 0.053 0.03 1.76 90 0.13 9.8 36 9 0.4 7.5 <0.01 0.04 4.5 0.011 0.03 1.06 21 0.14 11.35 12 3.3 1.1 7.6 <0.01 0.01 9 0.042 0.04 1.31 59 0.19 9.64 26 9 1.1 8.7 <0.01 0.02 10.1 0.047 0.03 1.69 79 0.27 11.25 40 10.4 0.4 5.4 <0.01 <0.01 3 0.016 0.02 0.84 26 0.2 6.56 15 3.5 0.5 7.6 <0.01 0.04 9.4 0.027 0.03 2.36 83 0.17 9.48 35 8.8 0.4 7.6 <0.01 0.01 8.7 0.023 0.03 2.19 80 0.2 11.2 40 8.8 0.5 8.6 <0.01 0.04 8.6 0.029 0.07 1.88 80 0.11 12.35 26 11.6 0.7 9.1 <0.01 0.05 9 0.051 0:12 1.92 87 0.1 13.45 20 9.9

10.3 <0.01 0.02 9.1 0.069 0.18 2.7 97 0.11 12.45 33 9.8 6.1 <0.01 0.02 17.3 0.031 0.07 6.92 35 0.14 14.2 13 8.9

1.7 8.3 <0.01 <0.01 9.7 0.088 0.14 2.69 88 0.09 13.05 21 11

1.3 5.8 <0.01 <0.01 11.3 0.092 0.2 3.06 42 0.17 7.23 9 16.2

0.3 4 <0.01 0.02 9.9 0.005 0.04 2.14 5 0.2 4.3 12 11.2

2.1 13 <0.01 0.02 9.7 0.038 0.2 2.16 71 0.09 11.45 12 14.2

2 10.3 <0.01 0.03 8.6 0.024 0.11 1.71 90 0.07 12.3 18 14

1.1 10.9 <0.01 <0.01 9.3 0.038 0.15 1.25 100 0.05 13.05 19 10.9

1.3 11.3 <0.01 0.03 10.5 0.058 0.16 1.19 103 0.07 11.7 23 0 9.3

1.6 9.1 <0.01 <0.01 9.9 0.054 0.12 1.55 108 0.07 11.3 25 10.9

1.2 8 <0.01 <0.01 10.6 . 0.047 0.13 1.36 83 0.06 13.15 24 12

0.4 3.7 <0.01 <0.01 10.1 0.008 0.04 1.63 11 0.28 6.03 6 9.1

Page 62: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - -- --- -- -- -- --- - - - - - - - -0.4 4.6 <0.01 <0.01 16.1 0.01 0.03 1.58 7 0.31' 4.52 5 3.5 0.3 3.9 <0.01 <0.01 10.2 0.009 0.03 1.19 3 0.18 3.15 3 5 0.4 4.2 <0.01 <0.01 12.4 0.007 0.02 1.12 6 0.16 3.39 6 5.5 0.3 4 <0.01 0.01 15.2 <0.005 0.04 1.33 5 0.14 5.74 11 10.7 0.4 3.7 <0.01 <0.01 23.1 0.007 0.03 2.02 4 0.19 6.56 8 14.1 0.3 4.3 <0.01 <0.01 21.8 0.005 0.02 1.37 4 0.16 4.84 6 9.7 0.3 4.5 <0.01 <0.01 18.5 0.007 0.02 1.37 4 0.14 4.62 5 8.8 0.4 4 <0.01 <0.01 27.4 0.01 0.03 1.54 5 0.26 7.12 10 10.8 1.2 6.1 <0.01 <0.01 18.5 0.028 0.04 2.53 13 2.39 6.86 15 14.4 0.4 4.7 <0.01 <0.01 18.3 0.012 0.03 1.28 6 0.4 5.47 9 12 0.4 5.2 <0.01 <0.01 15.7 0.007 0.02 1.16 6 0.27 4.13 5 8.1 0.3 4.2 <0.01 <0.01 19 0.007 0.02 1.09 5 0.24 4.68 4 8.7

0.4 4.2 <0.01 <0.01 18.9 0.009 0.02 1.56 5 0.23 7.58 2 7.7

0.3 4.1 <0:01 <0.01 17.9 . 0.005 0.03 1.54 5 0.16 10.3 3 9.2

0.4 4.2 <0.01 <0.01 27.3 <0.005 0.02 1.63 8 0.12 10.85 6 17

0.5 4.1 <0.01 <0.01 26.1 0.005 0.02 1.87 7 0.13 8.27 5 13.5 0.3 3.9 <0.01 <0.01 27 <0.005 0.02 2.17 7 0.08 7.83 4 13.5

0.2 3.9 <0.01 <0.01 29.5 <0.005 0.02 2.01 4 0.18 5.87 3 10.7

0.3 4.5 <0.01 <0.01 21.4 0.005 0.02 1.27 5 0.12 6.21 4 8.7

Page 63: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - -· -·· -·· -- -- -- - - - - - - -

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ag Ba Ce Co Cr Cs Cu Dy Er Eu Ga Gd Hf

ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm <1 588 22.1 14.7 160 1.62 274 2.01 1.15 0.76 19.9 2.54 3.8 <1 572 50 12.6 240 1.91 <5 1.89 1.08 0.91 22 3.23 4.5 <1 728 46.1 5 50 1.9 <5 3.49 2.01 0.81 16.3 3.75 1.6

<1 632 66.4 10.9 150 1.6 <5 1.93 1.09 1.01 18.3 3.45 3.4 <1 959 67.7 11.1 180 2.32 <5 1.69 0.98 0.89 19.9 3.33 3.8

<1 550 20.9 2.4 20 0.81 <5 0.76 0.41 0.4 12.7 1.22 1.8

<1 642 75.5 10.2 190 1.21 <5 1.87 1 0.99 19.8 3.72 3.7

<1 632 54.5 3.3 40 0.96 <5 1.96 1.06 0.84 12.6 3.16 1.2

<1 373 64.7 8.4 160 1.24 <5 2.03 1.05 0.99 18.2 3.74 3.5

<1 445 78.5 11.5 220 1.3 <5 2.33 1.13 1.22 21.4 4.53 4.1

<1 193 42.1 4.9 60 0.63 <5 1.31 0.65 0.7 15.2 2.36 1.3

<1 256 65.6 11.5 190 0.96 <5 1.93 0.95 0.98 19.1 3.78 4.1

<1 294 88 13.5 170 1.2 <5 2.19 1.12 1.32 19.5 4.93 3.4

<1 157.5 75.7 14.3 170 2.3 <5 2.41 1.29 1.17 19.7 4.64 3.5

<1 235 38.1 14.1 180 2.69 <5 2.45 1.48 0.74 20.4 3.19 3.5

<1 377 22.8 16.1 200 3.43 <5 2.09 1.23 0.62 22.8 2.38 3.6

<1 470 29.9 6.8 60 1.94 33 2.6 1.4 0.79 16.7 2.91 2.4

<1 371 30.6 16.4 150 3.59 19 2.7 1.5 0.85 26.4 3.23 3.5

<1 735 10 8.6 80 3.59 9 1.52 0.89 0.49 24.1 1.38 3.3

<1 1330 13.4 4.4 10 1.69 8 0.85 0.49 0.48 16.8 1.1 2.3

<1 265 90.6 13.7 170 5.1 14 2.19 1.24 0.95 26.6 4.36 3.2

<1 109 157.5 14.6 190 3.65 52 2.57 1.31 1.38 27.5 6.86 3.7

<1 95.6 81.6 12.7 170 3.65 22 2.64 1.44 1.06 22.4 5.05 3.6

<1 96.1 84.4 11.9 210 3.23 28 2.53 1.34 0.95 22.7 4.83 3.8

<1 87.4 75.1 11.5 240 3.1 28 2.73 1.5 0.88 25.2 4.73 3.8

<1 98.6 91.3 11.8 150 3.22 15 2.71 1.57 0.97 23.5 5.08 4.1

<1 533 33.7 2.9 30 1.81 30 1.33 0.7 0.64 15.3 2.19 1.8

Page 64: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

-- - - - - - -- - -- -- - -- - - - - - - -<1 789 27.7 2.1 10 2.77 40 1.02 0.54 0.55 14.3 1.74 0.9 <1 501 22 1.3 10 1.97 7 0.71 0.45 0.46 14.8 1.32 2 <1 545 19.2 2.3 10 2.21 14 0.74 0.41 0.39 15.4 1.23 1.8 <1 295 44 2.4 10 3.2 8 1.26 0.68 0.56 16.7 2.48 2.3 <1 370 39.4 2.3 10 4.58 9 1.48 0.81 0.6 18.1 2.49 2.9 <1 539 15.9 1.7 10 2.25 9 0.97 0.55 0.46 16.1 1.32 2.7 <1 440 18.3 1.5 10 1.94 16 0.96 0.57 0.42 15.6 1.4 2.6 <1 491 44.4 2.9 10 1.79 19 1.55 0.89 0.71 17.1 2.75 3 <1 1425 57.5 5.5 20 1.95 579 1.56 0.86 0.77 19.9 3.03 2.6 <1 941 36.8 3.1 10 2.7 176 1.22 0.67 0.64 16.7 2.12 2.3 <1 571 24.8 1.9 10 2.4 92 0 .. 94 0.51 0.51 15.3 1.55 2.2 <1 502 31.6 1.7 10 2.65 57 1.13 0.6 0.56 16.5 1.97 2.2 <1 406 42.1 1.1 10 3.16 44 2.02 1.03 0.87 17.2 3.27 2.7 <1 388 41.4 1 10 6.23 55 3.04 1.52 1.08 17.5 4.38 2.5 <1 497 53 1.4 10 3.62 112 2.66 1.46 0.91 18.9 4.09 4.1 <1 413 54.4 1.6 10 3.66 29 2.08 1.13 0.76 18.1 3.5 3.5 <1 445 33.9 1.5 10 1.11 10 1.87 0.99 0.63 18.5 2.71 3.9 <1 398 30.6 1.1 10 1.29 21 1.44 0.75 0.56 17.5 2.18 2.7 <1 453 58.6 1.4 10 1.47 23 1.68 0.86 0.75 17.3 3.2 2.8

Page 65: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - -- -- -- - - -- - - - - - - -

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ho La Lu Mo Nb Nd Ni Pb Pr Rb Sm Sn Sr

ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.44 10.9 0.21 2 7.4 12.6 78 <5 3.65 74.6 2.7 1 196.5

0.38 23.1 0.19 <2 6.5 21.7 98 <5 6.59 73.1 4.05 213

0.8 19.4 0.22 <2 5.1 18.4 38 5 5.41 109.5 3.6 218

0.41 29.4 0.17 <2 6.6 24.2 71 <5 7.33 74 4.22 3 203

0.38 25.2 0.16 <2 6.2 22.9 80 <5 6.83 121 3.91 2 204

0.16 9.4 0.08 <2 3.9 7.5 19 <5 2.25 79.5 1.37 1 138.5

0.38 33.7 0.15 <2 6.9 27.1 77 <5 8.46 84.8 4.47 2 182

0.44 25.7 0.12 <2 4.5 20.7 22 9 6.34 96.7 3.46 1 126

0.38 33.4 0.14 <2 6.1 25.7 62 <5 7.85 79.5 4.29 2 107.5

0.44 40.9 0.15 <2 6.7 32 85 <5 10.15 94.8 5.49 2 115

0.25 22.5 0.08 <2 4.4 17.1 28 <5 5.21 59.3 2.78 94.1

0.39 34 0.13 <2 6.3 27.7 74 <5 8.69 60.9 4.35 93.6

0.43 49 0.14 <2 6.1 38.6 82 <5 11.7 84.7 5.99 76.2

0.5 39.8 0.18 <2 7.5 32.5 76 <5 10.05 71.1 5.29 1 65.1

0.53 18.1 0.25 <2 6.6 17 87 <5 4.94 85.1 3.56 1 82.5

0.45 10.5 0.19 <2 5.7 11.8 90 <5 3.18 92.1 2.56 2 61

0.55 14.8 0.16 <2 7.1 13.7 31 11 3.89 96.8 2.97 2 84.9

0.58 15.1 0.23 <2 8 15.9 90 <5 4.3 114 3.51 3 59.6

0.33 4.6 0.14 <2 10.4 5.1 48 8 1.43 165.5 1.44 3 83.8

0.19 7.3 0.07 <2 1.5 6 11 12 1.74 130 1.36 1 101.5

0.45 49.2 0.17 <2 9.1 35.8 72 <5 11.5 115.5 5.59 4 54.4

0.5 84.4 0.18 <2 14.8 58.4 74 <5 19.15 78.7 8.12 4 37.9

0.58 43.3 0.2 <2 6.6 33.6 79 <5 10.5 73.8 5.28 2 86.3

0.5 44.5 0.17 <2 7.8 34.2 84 <5 10.75 70.3 5.68 2 132

0.55 39 0.22 <2 10.6 31.4 86 <5 9.78 63.3 5.22 3 77.2

0.57 47.2 0.23 <2 8.3 36.6 73 <5 11.8 93.6 5.73 3 70.7

0.26 18.1 0.09 <2 4.5 14.4 14 15 3.77 123 2.9 2 93

Page 66: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

- - - - - - -- -- -- -- -- ... - - - - - - -0.2 14.7 0.07 <2 5.8 11.3 9 18 2.99 148 2.29 2 111.5

0.14 11.6 0.05 <2 2.9 8.8 <5 17 2.36 128.5 1.65 105 0.15 10.3 0.06 <2 4.1 7.9 8 16 2.06 123.5 1.43 1 107.5 0.24 22.1 0.08 <2 8.8 17.6 8 11 4.71 116.5 3.24 2 68.5 0.28 19.7 0.1 <2 9.4 15.7 8 14 4.22 166.5 3.12 2 71 0.19 8.2 0.08 <2 4.3 6.3 8 18 1.68 131.5 1.47 2 107.5 0.19 9.6 0.07 <2 4.6 7.5 5 14 2 107.5 1.58 1 100

0.3 23.5 0.11 <2 6.3 17.4 7 17 4.67 119.5 3.42 2 73.6 0.29 32.6 0.12 5 4.2 22.3 17 6 6.03 175 3.94 2 84.2 0.23 20.4 0.1 <2 5.2 14.2 11 20 3.87 159.5 2.67 1 117.5 0.18 13.7 0.07 <2 5.5 9.3 10 18 2.58 125 1.81 2 116.5 0.21 17.3 0.08 <2 7.3 11.9 7 17 3.28 125.5 2.3 2 113 0.37 22 0.1 <2 6.8 18.4 6 16 4.66 126 3.94 2 97.5 0.56 20.2 0.15 <2 7.7 22 <5 17 4.99 160 5.29 1 76.4 0.51 25.7 0.17 <2 10.1 23.4 6 17 5.91 133.5 4.85 2 90.7 0.41 27.1 0.12 <2 7.7 21.8 5 17 5.83 141 4.3 2 90.9 0.35 17.4 0.11 <2 9.6 13.6 7 19 3.59 114.5 2.91 2 102.5 0.27 15.9 0.08 <2 4.6 12.7 5 21 3.31 116.5 2.68 1 106.5 0.31 30.2 0.08 <2 3.3 22.3 5 31 6.15 112 3.92 2 131.5

Page 67: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

Project: Seagull P.O. No.:

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

CERTIFICATE TBl 0009376

This report is for 46 Drill Core samples submitted to our lab in Thunder Bay, ON, Canada on 28-JAN- 2010.

The following have access to data associated with this certificate: AY£SHO.A8U· Bl>KO.RE CORDON GIBSON ROBERT lviiDDLETON

STEFO.N WOZNtO.K

To: BLACK PANTHER MINING CORP ATIN: AYESHA ABU- BAKARE 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE

Page: 1 Finalized Date: 4- FEB- 201 o

This copy reported on 2- MAY- 2011

Account: BLAPAN

WEST VANCOUVER BC V7V 1 E1

SAMPLE PREPARATION ALS CODE DESCRIPTION

WEI-21 Received Sample Weight

LOG-22 Sample login- Red wjo BarCode

CRU-QC Crushing QC Test

PUL- QC Pulverizing QC Test CRU- 31 Fine crushing - 70% <2mm

SPL· 21 Split sample - riffle splitter PUL- 31 Pulverizes plit to 85% < 75 urn

ANALYTICAL PROCEDURES ALS CODE DESCRIPTION INSTRUMENT

ME- MS81 38 element fusion ICP- MS ICP- MS Au-AA23 Au 30g FA- AA finish AAS ME- MS41 51 anal. aqua regia ICPMS

This is the Final Report and supersedes any preliminary report with this certificate number. Results apply to samples as submitted. All pages of this report have been checked and approved for release.

~----~--~~ Signature:

Colin Rams ha~ Vancouver Laboratory Manager

Page 68: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method WEI- 21 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Recvd Wt. Ag AI As Au B

Sample Description Units kg ppm % ppm ppm ppm

LOR 0.02 0.01 0.01 0.1 0.2 10

Hl86208 2.25 0.02 2.84 1.1 <02 <10 Hl86209 1.36 001 2.74 1.0 <02 <10 Hl86210 046 001 1.52 1.0 <0.2 <10 Hl86211 1.12 0.01 2.69 1 2 <0.2 <10 Hl86212 1.83 0.02 3.15 0.8 <0.2 <10

Hl86213 1.80 001 077 0.5 <0.2 <10 Hl86214 2.54 001 2.75 0 9 <0.2 <10 Hl8621S 0.70 0.01 0.87 0.8 <0.2 <10 Hl86216 2.19 001 2.09 1.0 <0.2 <10 Hl86217 2.39 0.01 2.77 1.2 <0.2 <10

Hl86218 0.87 001 1.14 0.5 <0.2 <10 Hl86219 2.82 0.01 :?80 1.0 <0.2 <10 Hl86220 2.04 001 2.80 1.0 <02 <:10 Hl86221 2.95 0.02 2.86 0.7 <0.2 <10 Hl86222 3.26 001 2.85 0.8 <0.2 <10

H1S6n~ H5 0.01 JJ9 0.9 "OJ <10 Hl86224 2.21 0.02 1.33 0.5 <0.2 <10 Hl8622S 240 0.02 2.97 0.8 <0.2 <10 Hl86226 2.85 0.01 163 0.5 <0.2 <10 Hl86227 3.15 0.01 0.91 0.5 .:02 .:c10

Hl86228 2.29 0.02 3.12 0.4 <0.2 <10 Hl86229 244 002 3.38 0.3 <0.2 <10 Hl86230 2.40 0.01 3.28 0.3 <0.2 .:c10 Hl86231 2.62 001 3.27 0.3 <0.2 <10 Hl86232 2.24 001 344 0.3 <0.2 <10

Hl86233 345 0 01 3.17 0 3 <02 <10 Hl86234 146 001 0.65 0.7 <02 <10 Hl8623S 247 001 0.54 0.7 <0.2 <10 Hl86236 2.24 001 0.37 0.4 <0.2 <10 Hl86237 2.71 001 0.58 0.4 <0.2 <10

Hl86238 2.58 0.04 0.88 4.1 <02 <10 Hl86239 2.37 001 0.74 0.6 <0.2 <10 Hl86240 2.55 0 01 0.58 0.3 <0.2 <10 Hl86241 2.68 0.01 0.58 0.4 <0.2 <10 Hl86242 2.62 0.01 0.82 0.7 <02 <10

Hl86243 0.61 0.02 1.65 11 <0.2 <10 Hl86244 1.52 0.01 0.91 0.5 <0.2 <10 HIB624S 2.49 <0.01 0.53 0.2 <0.2 <10 Hl86246 241 001 046 0.3 <02 <10 Hl86247 2.63 001 0.34 0.4 <0.2 <10

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2 - A Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME- MS4l ME· MS41 ME- MS41

Ba Be Bl Ci Cd Ce Co Cr Cs ppm ppm ppm % ppm ppm ppm ppm ppm

10 0.05 0.01 0.01 0.01 0.02 0.1 1 0.05

30 1.02 0.03 0.51 0.01 22.8 18.0 178 1.15 50 0.85 0.01 028 0.01 47.8 132 256 146 20 0.68 002 047 <0.01 42.1 5.3 64 1.02 40 0.97 002 0.34 <0.01 709 11.8 177 1.17 40 1.37 0.03 0.30 <0.01 78.3 12.8 193 1.35

20 0.37 0.13 0.09 0.01 229 2.7 27 0.30 30 0.98 0.04 0.25 <0.01 85.6 11.1 200 0.66 20 0.29 0.13 0.22 0.01 62.4 3.6 50 0.26 30 0.78 0.05 0.19 <0 01 72.9 8.8 157 0.61 30 0.92 0.08 0.26 <0.01 92.8 12.1 198 0.53

10 0.34 0.15 0.13 <0.01 46.5 5.3 52 0.26 20 0.81 0.14 0.22 <0.01 77.8 12.3 200 0.52 20 0.84 0.09 024 <:0 01 101.0 14.5 174 0.54 20 1.04 0.16 0.21 <0.01 84.7 154 190 1.54 40 1.03 007 0.21 0.01 40.0 154 195 1.88

90 O.M 0 0~ 011 0.01 '25.7 19.9 '2'29 H9 30 0.50 0 23 0.16 <0.01 33.3 7.6 64 0.93 60 1.19 0.18 022 <0.01 30.6 17.7 150 2.32 50 0.94 o.oe O.D7 <0 01 9 97 8.1 59 1.91 60 0.37 0.14 0.03 <0 01 12.90 4.3 5 0.43

50 1.37 0 27 0.18 <0.01 81.5 13 9 169 4.12 30 144 0.50 022 <0.01 150.5 16.3 209 3.05 30 1.27 0.27 0.21 <0.01 80.2 14.3 200 3.38 30 1.10 0.21 0.20 <0.01 78.7 134 256 3.10 20 1.02 0.26 0.21 <0.01 71.9 13.3 289 3.01

20 119 0 15 0 18 <0 01 87 8 12 8 173 2 58 20 0.33 017 0.05 <0.01 30.8 3.0 17 0.47 20 0.32 0.16 0.05 <0.01 22.5 2.3 7 049 10 0.24 0.05 0.03 <0.01 18.55 1.5 5 043 20 0.24 0.08 0.04 <0 01 14 80 2.5 10 0.38

10 0.33 0.19 0.04 0.10 37.2 3.7 6 0.54 10 0.36 0.06 0.04 <0.01 35.6 2.6 6 0.55 20 023 0 06 0 04 <0.01 12 80 1 8 5 042 20 0.27 0.18 0.04 <0.01 18.20 1.8 6 0.48 20 0.33 0.05 0.04 .:cO 01 37.4 3.1 7 047

40 0.56 0.22 0.05 <0.01 54.7 4 .6 14 0.68 30 0.31 0.08 0 04 <0 01 33.7 3.2 6 0.39 20 0.23 0.08 0.10 <0.01 23.4 2.0 8 0.44 20 022 0.05 0.03 <0.01 284 17 7 044 20 044 0.03 0.03 <0.01 35.7 1.2 6 0.39

Page 69: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Cu Fe Cs Ca HI Hg

Units ppm % ppm ppm ppm ppm Sample Description LOR 0.2 0.01 0.05 0.05 0.02 0.01

Hl86208 305 5.02 15.60 0.13 0.45 0.01 Hl86209 2.5 4.68 15.70 0.11 0.31 0.01 Hl86210 2.2 2.43 8.64 0.09 017 0.01 Hl86211 4.1 4.47 14.60 0.14 0.21 0.01 Hl86212 1.1 4.37 15.90 0.13 0.21 0.01

Hl86213 2.4 1.44 4.76 <0.05 0.29 0.01 Hl86214 1.1 4.07 14.50 0.13 023 <0.01 Hl8621S 2 2 1 .41 5.28 0.07 0.11 0.01 Hl86216 1.1 3.28 1135 0.11 0.27 0.01 Hl86217 12 4.36 13.55 0.14 0.29 <0.01

Hl86218 1.7 1.86 5.65 o.oe 0.11 0.01 Hl86219 1.7 4.08 12.85 0.13 0.24 <0.01 Hl86220 1.4 4.37 13.30 0.15 0.23 <0.01 Hl86221 3.4 4.93 14.00 0.14 0.29 0.01 Hl86222 2 2 4.83 13.45 0.10 0.25 0.01

H1S6n~ 5.0 8.99 1e.oa 0.11 OJ4 0.01 Hl86224 37.1 2.32 7.52 0.07 027 0.01 Hl8622S 230 5.33 16.15 0.11 027 <0.01 Hl86226 8.1 2.74 8.73 0 05 0 58 0 01 Hl86227 8.8 1.52 4.51 <0.05 0.63 0.01

Hl86228 16.2 5.34 17.75 0.15 0.39 0.01 Hl86229 60.5 6.47 22.3 0.21 0.34 <0.01 Hl86230 22.9 5.81 18.25 0.1 a 0.27 <0.01 Hl86231 23.9 5.72 18.60 0.17 027 0.01 Hl86232 30.6 6.46 20 9 0.17 0.32 0.01

Hl86233 13 8 5 53 17 05 0 18 0 29 <0.01 Hl86234 29.4 1.54 3.46 0.08 040 0.01 Hl8623S 41 9 1.56 2.79 <0.05 0.15 0.01 Hl86236 6.7 1 12 2.01 <0.05 0.25 0.01 Hl86237 137 1 .40 2.92 <0.05 0 25 0 01

Hl86238 23.1 1.96 4.32 <0.05 0.55 0.01 Hl86239 9 3 1.87 3.60 <0.05 0.69 <0.01 Hl86240 9 1 1 37 2 98 <0.05 0.36 <0 01 Hl86241 17.9 1 .48 2.94 <0 .05 0.30 <0.01 Hl86242 18.2 2.48 4.28 <0.05 0.38 <0 01

Hl86243 593 8.09 6.98 0.09 0.47 <0.01 Hl86244 169.5 2.44 4.19 <0.05 0.42 <0.01 HIB624S 88.8 1.32 2.89 <0.05 0.27 <0 01 Hl86246 54.6 1.16 2.64 <0.05 0.32 <0 01 Hl86247 45.2 0.97 2.06 <0.05 0.30 <0.01

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- B Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME· MS4l ME· MS41 ME· MS41

In K L~ u ~lg ~In ~lo Na Nb ppm % ppm ppm % ppm ppm % ppm

0.005 0. 01 0.2 0.1 0.01 5 0 .05 0.01 0.05

0.016 0.21 11.2 103.0 3.57 534 1 .48 0.06 0.09 0.005 0.38 213 75.8 3.14 273 0.49 0.05 007 0.006 0. 16 16 9 617 172 195 0.14 0.06 0.07 0.01 0 0.26 30.1 88.8 3.19 295 0.24 0.05 007 0.008 0.30 29.2 118.5 3.69 328 0.18 0.04 0.05

<0.005 0. 13 10.3 28.4 0.81 104 0.12 0.08 0.05 0.005 0.20 37.2 102.5 3.30 275 0.19 0.04 0.05 <0.005 0.14 29.4 28.7 0.85 114 0.12 0.08 <0.05 <0.005 0.24 37.0 77.5 2.35 252 0.20 0.05 0.05 0.005 0.22 46.5 110.0 3.20 428 0 27 0.04 <0.05

0.005 0. 12 24.1 44.4 1.13 187 0.1 9 0.06 <0.05 0.006 0. 19 40.1 984 2.89 450 0.26 0.05 <0 05 0.006 0.20 55.3 101.0 3 08 569 0 23 0.04 <0 05 0.007 0.33 43.0 96.3 2.76 462 0.61 0.05 <0.05 0.006 0.54 18.8 89.1 2.69 338 0.38 0.06 0.05

0 00~ o ae 121 1 0~.5 l27 509 0.46 0.05 0.06 <0.005 027 16 9 38.8 1.03 282 0.34 0.06 007 0.007 0.59 15.1 98.0 2.42 451 0.64 0.04 007 0.008 o.eo 4.3 40 0 1.07 181 0.35 0.04 0.14 0.005 0. 19 6.7 24.9 0.71 252 0.30 0.04 <0.05

0.020 0.84 42.0 104.0 2.17 244 0.86 0.06 0.06 0.026 0.54 78.2 102.0 2.68 388 0.99 0.05 0.06 0.033 0.83 40.2 89.8 2.47 348 0.58 0.07 <0.05 0.034 0.50 40.2 77.1 2.56 356 0.59 0.07 007 0.031 0.51 35 9 82.4 2.81 345 0.82 0.06 0.08

0 029 0 51 42.8 776 2.47 31 6 048 0 06 0.08 0.006 0.18 16.4 17.6 0.45 121 0.29 0.04 0.07 <0.005 0. 14 11.2 16.7 0.38 102 0.37 0.03 0.10 <0.005 0. 12 9 6 9 7 022 73 0 23 0.03 0.10 <0.005 0. 12 7.7 18.6 041 135 0 18 0.03 0.08

0 010 0. 16 17.4 21.5 0.58 227 0.19 0.04 0.13 <0.005 0. 14 16.6 18.7 0.51 183 0.24 003 0.32 <0005 0 13 6.4 15.2 038 136 0.18 0.03 007 <0.005 0. 14 8.2 15.0 0.38 131 0 28 0.04 0.08 <0005 0. 15 18.5 25.3 0.86 212 0.54 002 0.10

0019 0.25 30.0 493 126 244 4.68 0.02 0.19 0 005 0. 15 17.3 30.1 0 69 191 0.78 0 02 0.1 2 <0.005 0. 11 12.3 14.0 0.39 112 0.17 0.03 0.09 <0.005 0. 11 14.1 11.8 0.30 100 0.18 003 0.10 <0.005 0. 11 17.7 6.7 0.16 61 0.20 0.04 0.19

Page 70: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Nl p Pb Rb Re s

Sample Description Units ppm ppm ppm ppm ppm %

LOR 0.2 10 0.2 0.1 0.001 0.01

Hl86208 81.8 890 1.0 11.8 <0.001 0.04 Hl86209 100.5 830 0.8 17.7 <0.001 <0.01 Hl86210 41.6 1790 09 8.7 <0.001 0.01 Hl86211 79.5 900 2.3 13.5 «0.001 0.03 Hl86212 91.4 820 0.8 15 9 <0.001 0.01

Hl86213 19.1 230 1.0 6.5 <0.001 002 Hl86214 86.0 820 0.6 104 <0.001 0.01 Hl8621S 22.6 900 1.8 5 g <0.001 0.01 Hl86216 66.6 720 0.7 11.6 <0.001 0.01 Hl86217 87.0 900 09 10.6 <0.001 0.01

Hl86218 30.3 500 0.9 6.5 <0.001 0.01 Hl86219 82.8 880 0.8 8.9 <0.001 0.01 Hl86220 894 860 1.5 10.7 <0.001 001 Hl86221 83.8 820 1.0 18.0 <0.001 0.01 Hl86222 96.5 860 0.9 28.8 <0.001 0.01

H1S6n~ 107.5 790 1.6 :j4J <O.M1 0.01 Hl86224 344 670 2.2 15.0 <0.001 0.01 Hl8622S 954 870 1.0 32.6 <0.001 0.02 Hl86226 46.7 230 2.5 38.0 <0.001 0 01 Hl86227 9.8 50 14 9.7 <U 001 0.01

Hl86228 70.6 680 0 9 40.7 <0.001 <0.01 Hl86229 83.8 850 09 294 <0.001 002 Hl86230 88.8 870 1.2 38.1 <0.001 0.01 Hl86231 934 830 1.0 38.2 <0.001 0.01 Hl86232 97.3 930 1.8 304 <0.001 0.01

Hl86233 79 2 770 7.5 32 9 <0.001 0 01 Hl86234 124 150 1.6 8.7 <0 001 0.02 Hl8623S 8.7 100 1.1 8.1 <0.001 0.02 Hl86236 34 50 1.1 7.0 <0.001 0.01 Hl86237 7.7 90 0 8 6 8 <0.001 0 02

Hl86238 18.0 100 7.7 10.2 <0.001 0.01 Hl86239 7.1 90 24 10.1 <0.001 002 Hl86240 5.1 110 1.8 7 8 <0.001 0 02 Hl86241 4.8 100 1.7 84 <0.001 0.02 Hl86242 6.5 100 1.7 8.5 <0 001 0.02

Hl86243 12.5 110 1.6 17.7 <0.001 0.08 Hl86244 7.6 110 1 2 9 6 <0.001 0 03 Hl8624S 9.0 80 1.3 G.1 <0.001 0.03 Hl86246 8.8 90 u 5.7 <0.001 0.02 Hl86247 3.2 70 1.1 6.0 <0.001 0.01

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- c Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME· MS4l ME· MS41 ME· MS41

Sb Sc Sa Sn Sr h Te Th Tl

ppm ppm ppm ppm ppm ppm ppm ppm %

0.05 0.1 0.2 0.2 0.2 0.01 0.01 0.2 0.005

<0.05 10.8 0.5 1.1 11.2 <0.01 0.03 8.4 0.130 <005 10 9 0.2 0.8 12.3 <0.01 <0.01 9.5 0.104 <0.05 4.2 04 0.5 130 0.01 <0.01 3.8 0.041 «0.05 9 7 0.3 1.8 14.0 <0.01 <0.01 7 g 0.101 <0.05 9.4 0.3 1.0 13.7 <0.01 <0.01 9 7 0.087

<0.05 1.8 <0.2 0 9 7.4 <0.01 002 6.1 0.016 <0.05 7.6 0.2 0 9 90 <0.01 <0.01 9 3 0.053 «0.05 2.0 0.3 0.4 7.5 <0.01 0.04 4.5 0.011 <0.05 5.8 0.3 1.1 7.6 <0.01 0.01 g 0 0.042 <0.05 6.8 0.3 1.1 8.7 <0.01 002 10.1 0.047

<0.05 2.3 <0.2 04 5.4 <0.01 <0.01 3.0 0.018 <0.05 7.2 0.3 0.5 7.8 <0.01 0.04 9.4 0.027 <0.05 6.5 03 04 7.8 <0 01 0.01 8.7 0.023 <0.05 7.7 04 0.5 8.6 <0.01 0.04 8.6 0.029 <0.05 84 04 0.7 9.1 «0.01 0.05 9.0 0.051

<005 9.6 0.4 1.0 10.J <0 01 0.01 9.1 0.099 <0.05 3.5 0.5 1.0 6.1 <0.01 002 17.3 0.031 <0.05 9 2 04 u 8.3 <0.01 <0.01 9 7 0.088 «0.05 4 5 0 2 1 3 5.8 <001 <0 01 11.3 0.092 <0.05 0.5 0.2 03 4.0 <0.01 0.02 9 g 0.005

<0.05 8.5 0.3 2.1 130 <0.01 002 9 7 0.038 <0.05 10.1 04 2.0 10.3 <0.01 0.03 8.6 0.024 <0.05 12.4 0.4 1.1 10.9 <0.01 <0.01 9.3 0.038 <0.05 13.3 04 1.3 11.3 <0.01 003 10.5 0.058 <0.05 134 0.3 1.6 9 1 <0.01 <0.01 9 9 0.054

«005 8~ 03 u 80 <0.01 <0.01 10 8 0 047 <0.05 1.3 0.2 0.4 3.7 <0.01 <0.01 10.1 0.008 <0.05 1.3 0.2 04 4.6 <0.01 <0.01 16.1 0.010 <0.05 0.7 0.2 0.3 39 <0.01 <0.01 10.2 0.009 <0.05 11 0.2 04 4.2 <0.01 <0 01 12.4 0.007

0.12 1.6 02 03 4.0 <0.01 0.01 15.2 <0.005 <0.05 11 0.2 04 3.7 <0.01 <0.01 23.1 0.007 <005 0 8 0.2 03 4.3 <0.01 <0.01 21.8 0.005 0.05 0.8 0.2 0.3 4.5 <0.01 ~0 .01 18.5 0.007 <0.05 0 g 02 0.4 4.0 <0.01 <0.01 27.4 0.010

0.15 1.7 03 12 6.1 <0.01 <0.01 18.5 0028 <0.05 11 0.2 04 4.7 <0.01 <0.01 18.3 0.01 2 <0.05 1.0 0.2 0.4 5.2 <0.01 <0.01 15.7 0.007 <0.05 0.8 0.2 03 4.2 <001 <0.01 19.0 0.007 <0.05 0.7 03 04 4.2 <0.01 <0.01 18.8 0.009

Page 71: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Tl u v w y Zn

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.02 0.05 1 0.05 0.05 2

Hl86208 0.04 2.19 98 0.53 10.50 85 Hl86209 007 2.43 112 0.13 844 36 Hl86210 0.03 0.88 42 0.12 204 32 Hl86211 0.06 1.73 96 0.63 11.15 49 Hl86212 0.05 2.19 99 0.12 g 61 54

Hl86213 0.04 0.85 19 0.59 3.82 17 Hl86214 0.03 1.76 80 0.13 9 80 36 Hl8621S 0.03 1.06 21 0.14 11 .35 12 H186216 0.04 1.31 59 0.19 9 64 26 Hl86217 0.03 1.89 79 027 11.25 40

Hl86218 002 0.84 26 0.20 8.58 15 Hl86219 0.03 2.38 83 0.17 9.48 35 Hl86220 0.03 2.18 80 0.20 11.20 40 Hl86221 007 1.88 80 0.11 12.35 26 Hl86222 0.12 1.92 87 0.10 1345 20

H1S6n~ 0.19 2.70 97 0.11 11.45 3~ Hl86224 0.07 6.92 35 0.14 14.20 13 Hl8622S 0.14 2.68 88 0.08 13.05 21 Hl86226 0.20 3.06 42 0.17 7.23 9 Hl86227 0.04 2.14 5 0.20 4.30 12

Hl86228 0.20 2.16 71 0.09 1145 12 Hl86229 0.11 1.71 80 0.07 12.30 18 Hl86230 0.15 1.25 100 0.05 13.05 19 Hl86231 0.16 1.18 103 0.07 11.70 23 Hl86232 0.12 1.55 108 0.07 11.30 25

Hl86233 0 13 136 83 0 08 13 15 24 Hl86234 0.04 1.63 11 0.28 B 03 6 Hl8623S 0.03 1.58 7 0.31 4.52 5 Hl86236 0.03 1.19 3 0.18 3.15 3 Hl86237 002 1 12 6 0.16 3 39 e H186238 0.04 1.33 5 0.14 5.74 11 Hl86239 003 2.02 4 0.18 6.56 8 Hl86240 0 02 1 37 4 0 16 4.84 6 Hl86241 0.02 1.37 4 0.14 4.62 5 H186242 0.03 1.54 5 0.26 7.12 10

Hl86243 0.04 2.53 13 2.39 6.86 15 Hl86244 0 03 128 6 0.40 5.47 9 H18624S 0.02 1.18 B 0.27 4.13 5 Hl86246 002 1.08 5 0.24 4.68 4 Hl86247 0.02 1.56 5 0.23 7.58 2

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- D Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

Zr Ag e~ Ce Co Cr Cs Cu Dy ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 1 0.5 0.5 0.5 1 0 0 .01 5 0.05

16.8 <1 588 22.1 14.7 160 1.82 274 2.01 1 0.7 <1 572 50.0 12.8 240 1.91 <5 1.89 48 <1 728 46.1 5.0 50 1.80 <5 348 7.7 <1 832 66.4 10 g 150 1.80 <5 1.93 8.3 <1 859 67.7 11 .1 180 2.32 <5 1.89

7.8 <1 550 20 9 2.4 20 0 .81 <5 0.76 9.0 <1 642 75.5 10.2 180 1.21 <5 1.87 3.3 <1 632 54.5 3.3 40 0.96 <5 1.96 9.0 <1 373 84.7 84 160 1.24 <5 2.03

104 <1 445 78.5 11.5 220 1.30 <5 2.33

3.5 <1 183.0 42 1 4.8 80 0.63 <5 1.31 8.8 <1 256 85.8 11.5 190 0 .98 <5 1.93 8.8 <1 294 88.0 13.5 170 1.20 <5 2.19

11.6 <1 157.5 75.7 14.3 170 2.30 <5 2.41 8.8 <1 235 38.1 14.1 180 2.68 <5 2.45

1lB <1 m ns 16.1 200 :l4j <5 20il 8.9 <1 470 29.9 6.8 60 1.94 33 2.60

11.0 <1 371 30.6 16.4 150 3 .58 18 270 182 <1 735 10 0 8.6 80 3 .59 g 1.52 11.2 <1 1330 134 44 10 1.69 8 0.85

14.2 <1 265 90.6 13.7 170 5 .10 14 2.18 14.0 <1 108.0 157.5 14.6 180 3 .65 52 2.57 10.9 <1 95.8 81.8 12.7 170 3.65 22 2.84 8.3 <1 90.1 844 11.9 21 0 3.23 28 2.53 108 <1 874 75.1 11.5 240 3 .10 28 2.73

12 0 <1 98 6 91 3 11.8 150 3 .22 15 2.71 8.1 <1 533 33.7 2 g 30 1.81 30 1.33 3.5 <1 789 27.7 2.1 10 2.77 40 1.02 5.0 <1 501 220 1.3 10 1.87 7 0.71 5.5 <1 545 18 2 23 10 2.21 14 074

10.7 <1 295 44.0 2.4 10 3.20 8 1.26 14.1 <1 370 394 2.3 10 4 .58 8 148 87 <1 539 15 8 u 10 2.25 8 0 97 8.8 <1 440 18.3 1.5 10 1.94 18 0.88

10.8 <1 491 444 29 10 1.79 19 1.55

144 <1 1425 57.5 5.5 20 1.95 579 1.56 12.0 <1 941 36.8 3.1 10 2.70 176 1.22 8.1 <1 571 24.8 1.9 10 240 92 0.94 8.7 <1 502 31.6 u 10 2.65 57 1.13 7.7 <1 406 42.1 1.1 10 3 .16 44 2.02

Page 72: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Method ME· MS31 ME·MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS31

AAalyte Er Eu Cs Cd HI HO

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.03 0.03 0.1 0.05 0.2 0.01

Hl86208 115 0.76 19.9 2.54 3.8 044 Hl86209 1.08 0.91 220 3.23 4.5 0.38 Hl86210 2.01 081 16.3 3.75 1.6 0.80 Hl86211 1.09 1.01 18.3 3.45 3.4 041 Hl86212 0.98 0.89 19 9 3.33 3.8 0.38

Hl86213 041 OAO 12.7 1.22 1.8 0.16 Hl86214 1.00 0 99 19.8 3.72 3.7 0.38 Hl8621S 1.06 0.84 12.6 3.18 1 2 044 Hl86216 1.05 0.89 18.2 3.74 3.5 0.38 Hl86217 1.13 1.22 21 A 4.53 4.1 044

Hl86218 0.65 0.70 15.2 2.38 1.3 0.25 Hl86219 0.95 0.98 19.1 3.78 4.1 0.39 Hl86220 1.12 1.32 19.5 4.93 34 043 Hl86221 128 1.17 19.7 4.64 3.5 0.50 Hl86222 148 0.74 204 3.18 3.5 0.53

H1S6n~ u~ 0 .t\2 :22.9 2J9 :l8 0.45 Hl86224 140 0.79 16.7 2.91 24 0.55 Hl8622S 1.50 0.85 264 3.23 3.5 0.58 Hl86226 0 89 0.49 24.1 1.38 3.3 0 33 Hl86227 049 048 18.8 1 10 2.3 0.19

Hl86228 124 0.95 26.6 4.36 3.2 045 Hl86229 1.31 138 27.5 6.86 3.7 0.50 Hl86230 1.44 1.08 22.4 5.05 3.8 0.58 Hl86231 1.34 0.85 22.7 4.83 3.8 0.50 Hl86232 1.50 0.88 25.2 4.73 3.8 0.55

Hl86233 1 57 0 97 23 5 5 08 4.1 0 57 Hl86234 0.70 0.64 15.3 2.19 1.8 0.26 Hl8623S 0.54 0.55 14.3 174 0.9 0.20 Hl86236 045 0.46 14.8 1.32 2.0 0.14 Hl86237 041 0 39 154 1.23 1 .8 0 15

Hl86238 0.68 0.56 16.7 2.48 2.3 0.24 Hl86239 0.81 0.60 18.1 2.49 2 9 0.28 Hl86240 0.55 046 16.1 1 32 2.7 0.19 Hl86241 0.57 0.42 15.6 140 2.8 0.1 g Hl86242 0.89 0.71 17.1 2.75 3.0 0.30

Hl86243 0.86 0.77 19 9 3.03 2.6 0.29 Hl86244 0.67 0.64 16.7 2 12 2.3 0.23 Hl8624S 0.51 0.51 15.3 1.55 2.1 0.18 Hl86246 0.80 0.58 16.5 1.97 2.2 0.21 Hl86247 1.03 0.87 17.2 3.27 2.7 0.37

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- E Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

L.i Lu ~10 Nb Nd Nl Pb Pr Rb ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 0.01 2 0.2 0.1 5 5 0.03 0.2

10.9 0.21 2 74 12.8 78 <5 3.85 74.8 23.1 0. 19 <2 6.5 21.7 98 <5 6.59 73.1 194 0.22 <2 5.1 18.4 38 5 541 109.5 294 0. 17 <2 8.6 24.2 71 «5 7.33 74.0 25.2 0. 18 <2 8.2 22.9 80 <5 8.83 121.0

94 0.08 <2 3 9 7.5 19 <5 2.25 79.5 33.7 0. 15 <2 6 9 27.1 77 <5 84 6 84.8 25.7 0.12 <2 4 5 20.7 22 9 6.34 98.7 334 0.14 <2 6.1 25.7 62 <5 7.85 79.5 409 0.15 <2 6.7 32.0 85 <5 10.15 94.8

22.5 0.08 <2 44 17.1 28 <5 5.21 58.3 34.0 0. 13 <2 8.3 27.7 74 <5 8.69 80.8 49.0 0.14 <2 6.1 38.6 82 <5 11 .70 84.7 39.8 0.18 <2 7.5 32.5 76 <5 10.05 71.1 18.1 0.25 <2 6.6 170 87 <5 4.94 85.1

10.5 0. 1 ~ <2 5.7 11.9 ~0 <5 ~.18 ~2.1 14.8 0. 16 <2 7.1 13.7 31 11 3.89 96.8 15.1 0.23 <2 8.0 15 9 90 <5 4 .30 114.0 4.6 0. 14 <2 104 5.1 48 8 1 .43 165.5 7.3 0.07 <2 1.5 6.0 11 12 1.74 130.0

49.2 0.17 <2 9 1 35.8 72 <5 11.50 115.5 84.4 0.18 <2 14.8 58.4 74 <5 19.15 78.7 43.3 0.20 <2 8.8 33.8 78 <5 10.50 73.8 44.5 0.17 <2 7.8 34.2 84 <5 10.75 70.3 39.0 022 <2 10.6 31.4 86 <5 9 78 63.3

47.2 0 23 «2 83 36 6 73 <5 11 80 93 e 18.1 0.09 <2 4.5 14.4 14 15 3.77 123.0 14.7 0.07 <2 5.8 11.3 9 18 2.99 148.0 11.6 0.05 <2 2 9 8.8 <5 17 2.36 128.5 10.3 0.06 <2 4.1 7.9 8 16 2.08 123.5

22.1 0.08 <2 8.8 17.6 8 11 4.71 116.5 19.7 0. 10 <2 94 15.7 8 14 4 .22 166.5 82 0 08 <2 4.3 6.3 8 18 1 .68 131.5 96 0.07 <2 4.8 7.5 5 14 2.00 107.5

23.5 0. 11 <2 8.3 17.4 7 17 4.87 119.5

32.6 0. 12 5 4.2 22.3 17 6 6.03 175.0 20.4 0. 10 <2 5.2 14 2 11 20 3.87 159.5 13.7 0.07 <2 5.5 03 10 18 2.58 125.0 17.3 0.08 <2 7.3 11 9 7 17 3.28 125.5 no 0. 10 <2 6.8 18.4 6 16 4.66 126.0

Page 73: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Method ME· MS31 ME·MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS31

AAalyte Sm Sn Sr Ti Tb Th

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.03 1 0.1 0.1 0.01 0.05

Hl86208 2.70 1 188.5 0.6 0.42 8.00 Hl86209 4.05 1 213 0.6 0.45 9 81 Hl86210 3.60 1 218 0.6 0.66 3.94 Hl86211 4 22 3 203 0.5 0.48 7.69 Hl86212 3.91 2 204 0.5 0.43 8.84

Hl86213 1.37 1 138.5 0.8 0.16 6.21 Hl86214 447 2 182.0 0.8 0.48 8.94 Hl8621S 3.46 1 126.0 0.5 0.47 4.27 Hl86216 4.29 2 107.5 0.5 0.50 844 Hl86217 549 2 115.0 0.5 0.61 9 86

Hl86218 2.78 1 94 .1 0.4 0.33 3.11 Hl86219 4.35 1 83.8 0.5 0.47 8.93 Hl86220 5.99 1 76.2 0.5 0.60 8.39 Hl86221 5.29 1 65.1 0.8 0.61 8.16 Hl86222 3.56 1 82.5 0.6 0.51 7.89

H1S6n~ B6 2 810 0.5 0.41 H1 Hl86224 2.97 2 84.9 0.5 0.50 14.95 Hl8622S 3.51 3 59.6 0.7 0.54 9 29 Hl86226 144 3 83.8 o.e 0.28 11.45 Hl86227 1.36 1 1015 0.2 0.19 877

Hl86228 5.59 4 544 0.8 0.57 8.93 Hl86229 8.12 4 37 9 1.5 0.75 8.13 Hl86230 5.28 2 86.3 0.8 0.85 8.55 Hl86231 5.68 2 132.0 1.0 0.63 8.39 Hl86232 5.22 3 77.2 1.3 0.65 9 18

Hl86233 5.73 3 70.7 0 g 0 68 8 84 Hl86234 2.90 2 93.0 0.4 0.30 1040 Hl8623S 2.29 2 111.5 0.4 022 16 00 Hl86236 1.65 1 105.0 0.2 017 10.30 Hl86237 143 1 107 5 0.2 0 18 13.20

Hl86238 3.24 2 68.5 2.5 0.30 14.90 Hl86239 3.12 2 71.0 1.8 0.33 22.6 Hl86240 147 2 1075 0.3 0.20 20.5 Hl86241 1.58 1 100.0 0.3 0.20 18.00 Hl86242 3.42 2 73.6 0.3 0.35 270

Hl86243 3.94 2 84.2 0.2 0.35 19.50 Hl86244 2.67 1 117.5 04 0.27 17.80 HIB624S 1.81 2 118.5 0.3 0.19 15.25 Hl85246 2.30 2 113.0 0.4 0.25 20.00 Hl86247 3.94 2 97.5 0.4 0.44 20.3

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- F Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

Tl Tm u v w y Yb Zn Zr ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 0.01 0.05 5 1 0.5 0.03 5 2

<0.5 0. 18 2.84 I 01 I 10.7 1.15 58 139 <0.5 0. 18 346 118 1 8.8 1.12 37 158 <0.5 027 1.35 45 <1 19.5 1.50 32 47 <0.5 0. 16 247 99 3 10.7 1.04 48 123 <0.5 0.14 3.05 105 1 8.8 0.96 50 138

<0.5 0.06 1.22 23 2 4.3 046 17 46 <0.5 0. 14 2.72 103 1 94 0.90 37 141 <0.5 0.14 1.41 26 1 10.9 0 .81 13 38 <0.5 0. 13 1.96 77 1 8.5 0 .89 29 126 <0.5 0. 15 248 104 2 11.0 0 .97 42 151

<0.5 0.08 1.15 34 1 6.5 0.46 16 45 <0.5 0. 12 3.22 98 1 8.8 0 .82 38 150 <0.5 0. 13 3.10 95 2 106 0 .96 42 125 <0.5 0 17 2.83 90 1 12.1 1.10 30 126 <0.5 0.24 2.80 98 1 14.0 1 .41 24 126

<0.5 0. 19 3.43 97 1 11.'2 U1 31 131 <0.5 0. 19 6.97 40 1 13.8 1.08 15 72 <0.5 022 3.72 105 1 13.8 1.44 26 120 <:05 0.12 3.76 64 2 8.9 0.89 14 92 <0.5 0.08 2.47 8 1 5.1 045 15 40

<0.5 0. 16 2.94 83 2 12.6 1.11 22 118 <0.5 0. 16 2.58 84 3 12.6 1.05 25 129 <0.5 0.22 2.22 102 2 14.1 1.25 28 134 <0.5 0. 18 1.91 99 2 12.9 1.14 30 134 <0.5 0.21 2.38 102 2 13.8 1.29 31 132

<05 0 22 2.38 90 2 13.7 143 28 145 <:0.5 0.09 2.06 21 2 7.4 0 .58 8 42 <0.5 0.06 1.65 12 3 54 040 8 22 <0.5 0.05 129 6 2 4.1 0 .37 <5 50 <0.5 0.06 1.35 10 2 4.2 0 34 8 48

<0.5 0.08 1.46 9 2 8.7 0 .51 11 55 <0.5 0. 11 2.29 9 2 7.7 0 .64 9 67 <0.5 0 08 1.54 9 3 5 8 047 8 84 <:0 .5 0.05 1.48 8 2 5.4 0 .43 7 77 <0.5 0. 10 1.84 10 2 8.9 0 .67 12 86

<0.5 0.11 2.75 19 5 9 3 0.72 18 80 <0.5 0.08 1.49 9 2 7.0 0 .57 11 72 <0.5 0.08 1.33 10 2 5.3 0 .41 8 89 <0.5 0.07 1.34 9 2 6.3 04 5 7 65 <0.5 0. 13 1.81 11 2 10.0 0 .70 6 79

Page 74: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Method ,<\LJ. A'\23

AAalyte Au

Sample Description Units ppm

LOR 0.005

Hl86208 <0.005 Hl86209 <0.005 Hl86210 <0.005 Hl86211 <0.005 Hl86212 <0.005

Hl86213 <0.005 Hl86214 <0.005 Hl8621S <0.005 Hl86216 <0.005 Hl86217 <0.005

Hl86218 <0.005 Hl86219 <0.005 Hl86220 <0.005 Hl86221 <0.005 Hl86222 <0.005

H1S6n~ <0 005 Hl86224 <0.005 Hl8622S <0.005 Hl86226 <0.005 Hl86227 <0.005

Hl86228 <0.005 Hl86229 <0.005 Hl86230 <0.005 Hl86231 <0.005 Hl86232 <0.005

Hl86233 <0 005 Hl86234 <0.005 Hl8623S <0.005 Hl86236 <0.005 Hl86237 <0.005

Hl86238 <0.005 Hl86239 <0.005 Hl86240 <0.005 Hl86241 ·c:O 005 Hl86242 <0.005

Hl86243 <0.005 Hl86244 <0.005 HI8624S <0.005 Hl86246 <0.005 Hl86247 <0.005

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 2- G Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

Page 75: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

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Method WEI- 21 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Recvd Wt. Ag AI As Au B

Sample Description Units kg ppm % ppm ppm ppm

LOR 0.02 0.01 0.01 0.1 0.2 10

Hl86248 2.88 0.01 0.35 0.4 <02 <10 Hl86249 2.04 001 0.61 0.3 <02 <10 Hl862SO 2.19 <0.01 0.50 0.5 <0.2 <10 H421187 2.64 0.01 0.52 0.2 <0.2 <10 H421188 2.21 0.01 0.37 0.2 <01 <10

H421189 2.37 001 0.39 0.5 <0.2 <10

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3 - A Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME- MS4l ME· MS41 ME- MS41

Ba Be Bl Ci Cd Ce Co Cr Cs ppm ppm ppm % ppm ppm ppm ppm ppm

10 0.05 0.01 0.01 0.01 0.02 0.1 1 0.05

20 0.72 0.05 0.03 <0.01 35.9 1.1 5 0.55 30 042 0.05 0.05 <0 01 47.6 1.6 11 046 10 0.28 0.04 0.04 <0.01 46.3 1.7 9 0.39 10 022 003 0.05 <0.01 320 1.7 g 0.30 10 0.19 0.07 0.03 <0.01 270 1.2 5 0.34

10 0.20 0.08 0.04 <0.01 51.1 1.3 7 0.33

Page 76: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Cu Fe Cs Ca HI Hg

Units ppm % ppm ppm ppm ppm Sample Description LOR 0.2 0.01 0.05 0.05 0.02 0.01

Hl86248 57.7 0.83 2.18 <0.05 0.44 <0 01 Hl86249 114.5 1.32 4.15 <0.05 0.57 <0 01 Hl862SO 29.0 1.20 3.74 <0.05 0.46 <0.01 H421187 8.9 1.08 4.04 <0.05 0.46 <0.01 H421188 19.2 1.00 2.58 <0.05 0.44 <0.01

H421189 220 0.94 270 <0.05 0.29 <0.01

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- B Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME· MS4l ME· MS41 ME· MS41

In K L~ u ~lg ~In ~lo Na Nb ppm % ppm ppm % ppm ppm % ppm

0.005 0. 01 0.2 0.1 0.01 5 0 .05 0.01 0.05

<0.005 0. 11 18.4 7.1 0.17 83 0.17 0.04 0.40 <0.005 0. 11 22.2 14.1 0.37 109 0.11 0.03 0.08 <0.005 0. 11 21.3 9 9 027 92 0.11 0.04 0.10 <0.005 0. 10 15.5 1 0.7 0.28 83 0.09 0.04 0.05 <0.005 0. 10 13.0 7.1 0.17 54 0.11 0.03 0.08

<0.005 0. 11 25.7 7.3 0.19 58 0.11 0.04 0.06

Page 77: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Nl p Pb Rb Re s

Sample Description Units ppm ppm ppm ppm ppm %

LOR 0.2 10 0.2 0.1 0.001 0.01

Hl86248 3.3 70 u 8.5 <0.001 0.02 Hl86249 5.6 180 1.1 5.9 <0.001 0.02 Hl862SO 4.7 140 1.0 6.3 <0.001 0.01 H421187 5.0 160 1.2 5.1 <0.001 0.01 H421188 3.3 70 13 5.3 <0.001 0.01

H421189 34 120 6.8 6.1 <0 001 0.01

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- c Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS4l ME· MS4l ME· MS41 ME· MS41

Sb Sc Sa Sn Sr h Te Th Tl

ppm ppm ppm ppm ppm ppm ppm ppm %

0.05 0.1 0.2 0.2 0.2 0.01 0.01 0.2 0.005

<0.05 0.7 0.3 0.3 4.1 <0.01 <0.01 17.9 0.005 <005 0.9 0.3 04 4.2 <0.01 <0.01 27.3 <0.005 <0.05 0 g 0.3 0.5 4.1 <0.01 <0.01 26.1 0.005 «0.05 1.0 0.2 0.3 3.9 <0.01 <0.01 270 <0.005 <0.05 0.7 0.2 0.2 3 g <0.01 <0.01 28.5 <0.005

<0.05 0.7 0.2 0.3 4.5 <0.01 <0.01 214 0.005

Page 78: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

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Method ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41 ME· MS41

AAalyte Tl u v w y Zn

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.02 0.05 1 0.05 0.05 2

Hl86248 0.03 1.54 5 0.18 10.30 3 Hl86249 0.02 1.63 8 0.12 10.85 6 Hl862SO 0.02 1.87 7 0.13 8.27 5 H421187 002 2 17 7 0.08 7.83 4 H421188 002 2.01 4 0.18 5.87 3

H421189 0.02 1.27 5 0.12 6.21 4

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- D Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS41 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

Zr Ag e~ Ce Co Cr Cs Cu Dy ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 1 0.5 0.5 0.5 1 0 0 .01 5 0.05

9.2 <1 388 41.4 1.0 10 B .23 55 3.04 17.0 <1 497 53.0 14 10 3.62 112 2.66 13.5 <1 413 544 1.6 10 3.66 29 2.08 13.5 <1 445 33 g 1.5 10 1.11 10 1.87 1 0.7 <1 398 30.8 1.1 10 1.29 21 144

8.7 <1 453 58.6 14 10 147 23 1.68

Page 79: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS31 ME·MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS31

AAalyte Er Eu Cs Cd HI HO

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.03 0.03 0.1 0.05 0.2 0.01

Hl86248 1.52 1.08 17.5 4.38 2.5 0.58 Hl86249 146 0.91 18.9 4 08 4.1 0.51 Hl862SO 1.13 0.76 18.1 3.50 3.5 041 H421187 0 gg 0.63 18.5 2.71 3.8 0.35 H421188 0.75 0.56 17.5 2.18 2.7 0.27

H421189 0.86 0.75 17.3 3.20 2.8 0.31

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- E Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

L.i Lu ~10 Nb Nd Nl Pb Pr Rb ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 0.01 2 0.2 0.1 5 5 0.03 0.2

20.2 0. 15 <2 7.7 220 <5 17 4.99 160.0 25.7 017 <2 10.1 23.4 6 17 5.81 133.5 27.1 0. 12 <2 7.7 21.8 5 17 5.83 141 0 17.4 0. 11 <2 g 6 13.6 7 19 3.58 114.5 15.9 0.08 <2 4.6 12.7 5 21 3.31 11 6.5

30.2 0.08 <2 3.3 22.3 5 31 6.15 1120

Page 80: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ME· MS31 ME·MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS31

AAalyte Sm Sn Sr Ti Tb Th

Sample Description Units ppm ppm ppm ppm ppm ppm

LOR 0.03 1 0.1 0.1 0.01 0.05

Hl86248 5.29 1 76.4 1.3 0.81 17.85 Hl86249 4.85 2 90.7 0.8 0.55 27.2 Hl862SO 4.30 2 90 9 0.5 0.46 26.4 H421187 2.91 2 102.5 0.4 0.36 25.5 H421188 2.68 1 108.5 0.2 0.29 28.7

H421189 3.92 2 131.5 0.2 0.37 21.0

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- F Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· MS81 ME· M581 ME· MS81 ME· MS81 ME· MS81

Tl Tm u v w y Yb Zn Zr ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.5 0.01 0.05 5 1 0.5 0.03 5 2

<0.5 0. 18 170 9 2 14.8 1.02 5 84 <0.5 0. 18 2.04 11 2 13.5 1 11 8 128 <0.5 0. 16 2.23 11 2 109 0.84 8 112 <0.5 0. 13 2.48 11 2 9.9 0.72 7 122 <0.5 0.09 211 8 2 7.8 0.54 6 69

<0.5 0. 10 1.51 9 2 92 0.57 7 84

Page 81: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H Ol>,7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

Method ,<\LJ. A'\23

AAalyte Au

Sample Description Units ppm

LOR 0.005

Hl86248 <0.005 Hl86249 <0.005 Hl862SO <0.005 H421187 <0.005 H421188 <0.005

H421189 <0.005

••••• See Appendix Page for comments regarding this certificate •••••

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 E1

Project: Seagull

Page: 3- G Total# Pages: 3 (A- G)

Plus Appendix Pages Finalized Date: 4- FEB- 201 o

Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

Page 82: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

MEthod

ME- MS41

.'<LS Canada lld.

21 03 Dollarton Hwy North Vancouver oc V7H 0l'<7 Alone 604 984 0221 Fax: 604 984 0218 IMMIII.alsglobal.com

To: BLACK PANTHER MINING CORP 2489 BEllEVUE AVE WEST VANCOUVER BC V7V 1 El

Project: Seagull

Page: Appendix l Total# Appendix Pages: l

Finalized Date: 4- FEB- 20 l o Account: BLAPAN

I CERTIFICATE OF ANALYSIS TBl 0009376

CERTIFICATE COMMENTS

Gold determinations by this method are semi- quantitative due to the small sample weight used (O.Sg).

Page 83: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)

SGW10-05Easting: 352112

Northing: 5431338Depth: 149 m

Azimuth: 250 degDip: -45 deg

SGW10-04Easting: 352286

Northing: 5430722Depth: 101 m

Azimuth: 250 degDip: -45 deg

SGW10-03Easting: 352910

Northing: 5429088Depth: 101 m

Azimuth: 250 degDip: -45 deg

SGW10-02Easting: 353647

Northing: 5427479Depth: 182 m

Azimuth: 250 degDip: -45 deg

SGW09-01Easting: 354524

Northing: 5425982Depth: 29.18 m

Azimuth: 250 degDip: -45 deg

4244556

4244557

4244554

4244558

4247471

42445524244553

42445554247470

4244450 4215367

1231877

354000.000000

354000.000000

5426

110.00

0000

5426

110.00

0000

5431

110.00

0000

5431

110.00

0000

Black Panther Corp. Drill Plan Map

0 250 500 750 1,000125Meters

1:5,000

Drill HolesDrill Hole Traces

Seagull PropertiesRainy Mountain Royalty Corp. ( 100.00 %)Rainy Mountain Royalty Corp. ( 50.00 %)

SGW10-05 SGW10-04SGW10-03

SGW10-02SGW09-01

Mona LakeMona Lake

Tease Lake

Tease Lake

Arnott LakeWolf Mountain

Upper Clearwater Lake

Lower Clearwater Lake

-89.089932

-89.089932

-89.000000

-89.000000

-88.910068

-88.910068

49.00

0000

49.00

0000

49.08

9932

49.08

9932

1:100,000

Projection: UTM Zone 16N (NAD 83)

Page 84: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)
Page 85: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)
Page 86: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)
Page 87: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)
Page 88: Diamond Drill Report on the Wolf Mountain Property...Thunder Bay, Ontario. The claims are located in NTS mapsheets 052H02 (Shillabeer Lake), 052H03 (Eaglehead Lake), 052Al4 (East Bay)