serengeti resources inc. 2005 line cutting, geophysical

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Serengeti Resources Inc. 2005 LINE CUTTING, GEOPHYSICAL AND GEOCHEMICAL REPORT ON THE TCHENTLO PROPERTY Located in the Chuchi Lake Area Omenica Mining Division NTS 93N/02 55 degrees and 10 minutes North Latitude 124 degrees and 40 minutes West Longitude - prepared for- SERENGETI RESOURCES INC. Suite 450, 800 West Pender Street Vancouver, B.C., Canada V6C 2V6

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Serengeti Resources Inc.

2005 LINE CUTTING, GEOPHYSICAL AND GEOCHEMICAL REPORT ON THE TCHENTLO PROPERTY

Located in the Chuchi Lake Area Omenica Mining Division NTS 93N/02 55 degrees and 10 minutes North Latitude 124 degrees and 40 minutes West Longitude

- prepared for- SERENGETI RESOURCES INC. Suite 450, 800 West Pender Street Vancouver, B.C., Canada V6C 2V6

TABLE OF CONTENTS Page (1) Summary-------------------------------------------------------------------------2 (2) Introduction----------------------------------------------------------------------2 (3) Location and Access------------------------------------------------------------2 (4) Property Title--------------------------------------------------------------------3 (5) Property Exploration History--------------------------------------------------3 (6) Regional Geology---------------------------------------------------------------4 (7) Property Geology--------------------------------------------------------------- 4 (8) Geochemistry--------------------------------------------------------------------4 (9) Conclusions----------------------------------------------------------------------4 LIST OF PLATES Plate 1- Location map Plate 2- Claims map Plate 3- Compilation map of geology, geophysics and geochemistry Induced polarization pseudo sections for lines 600S, 1000S, 1800S, 2050W, 8800E, 9200E and 9900E LIST OF APPENDICES Appendix 1- Rock geochemical results for the Tchentlo property Appendix 2- Geologist’s certificate Appendix 3- Statement of expenditures for the Tchentlo property Appendix 4. Geophysical report

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2005 Geophysical and Geochemical Report on the Tchentlo Property (1) SUMMARY The Tchentlo property covers 6,446 hectares in generally flat terrain in north-central British Columbia, approximately 80km northwest of Fort St. James. Assess to the property is by helicopter, float plane or boat with the closest active logging road 3km to the southeast of the eastern end of the property. The property is located in the Quesnel Trough which hosts numerous alkalic porphyry copper-gold mines and deposits from southern to northern B.C., in dioritic and monzonitic plugs and stocks. The main one in the area of the property is the Mt. Milliagan deposit with the Lorraine deposit and Kemess mine further to the north. In 2005, Serengeti Resources carried out a program of line cutting, IP/magnetic surveys and limited geological mapping and rock sampling with a porphyry gold-copper deposit the target. This work outlined three chargeabilty anomalies, the largest one of which occurs in the western end of an area 3.5km by 2.5km of gold and copper soil anomalies. The ice flow direction is easterly suggesting that the area of this chargeability anomaly is the source of many of the soil anomalies. The other two chargeability anomalies are associated with similar anomalous soil copper-gold dispersion trains in soil and rocks. (2) INTRODUCTION The Tchentlo property was acquired in 2004 year to cover a large, poorly exposed porphyry copper-gold prospect in the Chuchi Lake area, previously worked on by Westmin Resources from 1989 to 1992. (3) LOCATION AND ACCESS The Tchentlo property is situated in the Omenica Mining Division just south of Chuchi Lake, approximately 80km northwest of Fort St. James(Plates 1 and 2). It is located on NTS map sheet 93N/02 at latitude 55 degrees 10 minutes North and longitude 124 degrees and 40 minutes West. Access to the property is by helicopter, by float plane or by boat. An active logging road exists 3km southeast of the eastern end of property. In the 1960’s a system of jeep roads was established to access the property from a camp on Tchentlo lake. The property is at an elevation of 900m to 1,500m and is covered by a blanket of glacial till over most of the property with only minor outcrop. Low swampy areas are common. The property is tree covered with fir, balsam, spruce and pine with the vegetation density varying from open pine flats to densely wooded patches with alder undergrowth.

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(4) PROPERTY TITLE The Tchentlo property consists of 15 contiguous mineral claims(6,446 hectares, Plate 2)which are owned by Serengeti Resources Inc.: Claim name Record Number Hectares Record Date Tchentlo 1 514435 646 Nov.13, 2004 Tchentlo 2 514436 554 Nov.15, 2004 Tchentlo 3 514438 221 Nov.14, 2004 Tchentlo 4 514439 332 Nov.16, 2004 Tchentlo 5 514440 443 Nov.16, 2004 Tchentlo 6 501689 462 Jan. 12, 2005 Tchentlo 7 501840 462 Jan. 12, 2005 Tchentlo 8 501778 462 Jan. 12, 2005 501871 462 Jan. 12, 2005 Tchentlo 10 501950 462 Jan. 12, 2005 Tchentlo 11 506250 462 Jan. 12, 2005 Tchentlo 12 506251 443 Feb. 7, 2005 Tchentlo 13 506252 443 Feb. 7, 2005 Tchentlo 15 508093 222 Feb. 7, 2005 Tchentlo 16 522170 370 Nov.10, 2005 (5) PROPERTY EXPLORATION HISTORY 5.1 Previous Work In 1966 to 1972 West Coast Mining and Exploration did soil geochemical and geophysical surveys and outlined a number of soil anomalies of greater than 100ppm copper. The property lay dominant until 1989 when Westmin Resources picked up the property and from then to 1992 did geological mapping, soil and rock sampling and geophysics(airborne and ground magnetic surveys and two stages of IP surveys). This work is reported in assessment reports 19810, 21124, 22308 and 22674. Westmin’s work outlined an area 3.5km by 2.5km of anomalous copper and gold values in the soils and a number of chargeability anomalies associated with small outcrops of propylitized and K-feldspathized monzodiorite and monzonite with minor pyrite, chalcopyrite and malachite mineralization. 5.2 2005 Exploration Program The work consisted of 13.2km of line cutting and a 12.4km IP/magnetic survey. In addition, limited geological mapping was done and two rock samples were collected.

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(6) REGIONAL GEOLOGY The Tchentlo property lies in the 1,300km long by 35km wide Quesnel Trough which hosts numerous alkalic porphyry copper-gold deposits from southern to northern B.C. In the area of the property the Mt. Milligan and Lorraine deposits are found 45km to the east and 110km to the northwest respectively. To the west, deformed and uplifted Permian Cache Creek Group rocks are separated from Quesnel Trough by the Pinchi fault. To the east, the Manson fault zone separates this belt from the uplifted Proterozoic/early Paleozoic Wolverine metamorphic complex and the Mississippian–Permian Slide Mountain and Cache Creek Groups. In the Chuchi Lake area the Talka Group sequence(Quesnel Trough)is dominated by alkalic to subalkalic dark green tuffs, andesitic to basaltic volcanic breccias and flows of similar composition. These volcanic rocks are intruded by syenite, monzonite, monzodiorite and diorite plug and stocks, which are associated with the porphyry copper-gold mineralization, and are coeval with the volcanic rocks. (7) PROPERTY GEOLOGY The Tchentlo property is mostly covered by glacial till(3m to greater than 30m)with Westmin reporting only 3% to 5% outcrop, mainly in the eastern and western parts of the property. This estimate is probably too high as the outcrops mapped in the vicinity of B/L 600S to 1000S are not outcrops but float boulders. Outcrops in the eastern part of the property consist of monzodiorite, porphyritic monzonite and andesite that are variously propylitized and K-feldspathized(Plate 3). Minor amounts of pyrite, chalcopyrite and malachite are present, mainly in the altered intrusive rocks. (8) GEOCHEMISTRY The analytical results for copper and gold in two rock samples taken are shown in Plate 3 with the full results in Appendix 1. Rock samples collected are grab samples. Of the two samples collected only sample OR-33 shows weakly anomalous copper and gold values(208ppm and 20ppb respectively). (9) CONCLUSIONS The Tchentlo property lies in part of the Quesnel Trough that hosts two significant porphyry copper-gold deposits at Lorraine and Mt. Milligan. Three chargeability anomalies were identified, most with a magnetic association, on the property.

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Respectfully submitted, Myron Osatenko Myron Osatenko, P.Geo. Serengeti Resources Inc. Vancouver, British Columbia January, 2006

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U. S. A.

Vancouver

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SERENGETI RESOURCES INC.

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TCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARY

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SERENGETI RESOURCES INC.

APPENDIX 1 ROCK GEOCHEMICAL RESULTS FOR THE TCHENTLO PROPERTY

Rock Geochemistry

LAB NO Field ID

Au Wt

Au Cu Pb Zn Ag As Ba Cd Co Ni Fe Mo Cr Bi ppb gram ppm ppm ppm ppm ppm ppm ppm ppm ppm % ppm ppm ppm

R0524454 OR-33 20 5 208 8 32

<.4 10 101

<1 14 20 4.26

<2 100

<5

R0524456 OR-36

<10 5 124 10 47

<.4 17 57

<1 15 33 2.76

<2 86

<5 LAB NO Field ID Sb V Sn W Sr Y La Mn Mg Ti Al Ca Na K P ppm ppm ppm ppm ppm ppm ppm ppm % % % % % % ppm

R0524454 OR-33

<5 172 <2 31 63 9 26 427 1.01 0.16 1.39 1.64 0.11 0.12 3069

R0524456 OR-36

<5 47 <2 4 80 11 21 267 0.45 0.17 2.42 2.25 0.16 0.14 852

ANALYTICAL METHODS: Au Aqua regia decomposition / solvent extraction / AAS Wt Au The weight of sample taken to analyse for gold (geochem) ICP PACKAGE : 0.5 gram sample digested in hot reverse aqua regia (soil,silt) or hot Aqua Regia(rocks). SAMPLE DESCRIPTIONS

Tchentlo Type Description OR-33 grab monzonite, weakly propylitized , minor pyrite and chalcopyrite OR-36 grab andesite, silicified, 2-3% disseminated pyrite and pyrrhotite

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APPENDIX 2 GEOLOGIST’S CERTIFICATE I, Myron Osatenko, of 5458 Wildwood Crescent, Delta, B.C., in the Province of British Columbia, DO HEREBY CERTIFY:

1. THAT I am Chief Geologist with Serengeti Resources Inc., a junior mining company.

2. THAT I am a graduate of the University of British Columbia with Bachelor and

Master of Science degrees in Honours Geology.

3. THAT I am a Professional Geoscientist registered and good standing with the Association of Professional Engineers and Geoscientists of the Province of British Columbia(#22,125).

4. THAT this report is based on fieldwork carried out by me on August 8, 2005 and

on publically available reports on the Tchentlo property. DATED at Delta, British Columbia, this 30th day of January, 2006. Myron Osatenko Myron Osatenko, P.Geo.

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APPENDIX 3 STATEMENT OF EXPENDITURES FOR THE TCHENTLO PROPERTY (August 8, 2005 and September to October 2005) PROFESSIONAL FEES AND WAGES Myron Osatenko 2.0 days @ $500/day------------------------- $1000.00 David Moore 1.0 days @ $500/day----------------------------- $500.00 EQUIPMENT RENTALS Helicopter @ $825/hr + fuel------------------------------------$22,868.92

EXPENSES Chemical Analyses----------------------------------------------------$18.00 Map production(Graphical Information Solutions)------------- $400.00 Miscellaneous Expenses(Osatenko)------------------------------- $288.63

Miscellaneous Expenses(Moore)-----------------------------------$467.11 Room and Board @ $85/man day -------------------------------$3,995.00 Report(estimated)---------------------------------------------------$1,000.00 Line cutting-------------------------------------------------------- $14,967.30 Induced Polarization /Ground Magnetic Survey--------------$23,101.80 Subtotal-------------------------------------------------------------$68,606.76 Administration 10%------------------------------------------------$6,860.67 Total $75,467.43

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APPENDIX 4 Geophysical report: Magnetic & Induced Polarization Surveying, Tchentlo Propert by Peter E.Walcott attached.

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A GEOPHYSICAL REPORT

ON

MAGNETIC & INDUCED POLARIZATION SURVEYING

Tchentlo Property Chuchi Lake Area,

Omineca M.D. , B.C. 55° 10’N, 124° 42’W

For

SERENGETI RESOURCES INC.

Vancouver, B.C.

BY

PETER E. WALCOTT & ASSOCIATES LIMITED

Vancouver, B.C.

JANUARY 2006

2

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

TABLE OF CONTENTS Page Introduction 3 Purpose 4 Survey Specifications 5 Discussion of Results 7 Summary, Conclusions & Recommendations 8 APPENDIX Cost of Survey Personnel Employed on Survey Certification I.P. Pseudo sections 1:10,000 ACCOMPANYING MAP – Scale 1:10,000 MAP POCKET Profiles of Total Field Intensity Map WTCH 1

Geophysical Services Tchentlo Property

3

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

INTRODUCTION. In the fall of 2005, Peter E. Walcott & Associates Limited undertook a magnetic and induced polarization (I.P.) survey over parts of the Tchentlo property, located some 80 kilometres north northwest of the settlement of Fort St. James, British Columbia, for Serengeti Resources Inc. The survey was carried out over seven randomly oriented lines established by linecutters contracted by Serengeti. Readings of the earth’s total magnetic field were recorded using a GSM 19 proton magnetometer on the magnetic survey, while measurements – first to fifth separation – of apparent chargeability – the I.P. response parameter – and resistivity were made on each of the line traverses using the pole – dipole technique with a 100 metre dipole. In addition the elevations and horizontal locations of the line stations were measured using a Brunton altimeter and an L1 survey grade GPS unit respectively. The I.P. data are presented as individual pseudo sections at a scale of 1:10,000 while the magnetic data is shown as profiles on these pseudo sections as well as on a plan map of the line locations at the same scale.

Geophysical Services Tchentlo Property

4

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

PURPOSE. The purpose of the survey was to see if any I.P. response that could be indicative of sulphide mineralization was associated with the airborne magnetic highs and copper-gold soil anomalies obtained on previous surveys.

Geophysical Services Tchentlo Property

5

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

SURVEY SPECIFICATIONS. Magnetic Survey. The magnetic survey was carried out using a GSM 19 proton precession magnetometer manufactured by GEM Instruments of Richmond Hill, Ontario. This instrument measures variations in the total intensity of the earth’s magnetic field to an accuracy of plus or minus one nanotesla. Corrections for daily variations in the earth’s field – the diurnal – were made by comparison with a similar instrument set up at a fixed location – the base – where recordings were made at 10 second intervals. The Induced Polarization Survey. The induced polarization (I.P.) survey was conducted using a pulse type system, the principal components of which were manufactured by Huntec Limited of Metropolitan Toronto, Canada and Iris Instruments of Orleans, France. The system consists basically of three units, a receiver (Iris), transmitter (Huntec) and a motor generator (Huntec). The transmitter, which provides a maximum of 7.5 kw d.c. to the ground, obtains its power from a 7.5 kw 400 c.p.s. three phase alternator driven by a Honda 20 h.p. gasoline engine. The cycling rate of the transmitter is 2 seconds “current-on” and 2 seconds “current-off” with the pulses reversing continuously in polarity. The data recorded in the field consists of careful measurements of the current (I) in amperes flowing through the current electrodes C1 and C2, the primary voltages (V) appearing between any two potential electrodes, P1 through P6, during the “current-on” part of the cycle, and the apparent chargeability, (Ma) presented as a direct readout in millivolts per volt using a 200 millisecond delay and a 1000 millisecond sample window by the receiver, a digital receiver controlled by a micro-processor – the sample window is actually the total of ten individual windows of 100 millisecond widths. The apparent resistivity (⌠a) in ohm metres is proportional to the ratio of the primary voltage and the measured current, the proportionality factor depending on the geometry

Geophysical Services Tchentlo Property

6

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

SURVEY SPECIFICATIONS cont’d of the array used. The chargeability and resistivity are called apparent as they are values which that portion of the earth sampled would have if it were homogeneous. As the earth sampled is usually inhomogenenous the calculated apparent chargeability and resistivity are functions of the actual chargeability and resistivity of the rocks. The survey was carried out using the “pole-dipole” method of surveying. In this method the current electrode, C1, and the potential electrodes, P1 through P6, are moved in unison along the survey lines at a spacing of “a” (the dipole) apart, while the second current electrode, C2, is kept constant at “infinity”. The distance, “na” between C1 and the nearest potential electrode generally controls the depth to be explored by the particular separation, “n”, traverse. On this survey a 100 metre dipole was employed and first to fifth separation readings were obtained. In all some 13.7 kilometres of I.P. and magnetic traversing were completed. Horizontal control. The horizontal position of the stations were recorded using an Allstar L-1 phase GPS receiver. These were post processed against base station data obtained from a private base station in Houston, B.C., operated by Terra Surveys, using Waypoint software. Orthometric heights were calculated using the HT97W geoid model of Natural Resources Canada and used for comparison with the elevation data but the occupation time was generally too short for proper elevation control. Data Presentation. The I.P. data are presented as individual pseudo section plots of apparent chargeability and resistivity at a scale of 1:10,000. Plots of the 15 point moving filter – illustrated on

Geophysical Services Tchentlo Property

7

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

SURVEY SPECIFICATIONS cont’d the pseudo section – for the above are also displayed in the top window to better show the location of the anomalous zones. The magnetic data are shown as profile plots on the above mentioned pseudo sections, and as profiles on a plot of the line locations overlain of the heliborne airborne magnetics at a scale of 1:10,000. The anomalous chargeability zones are also outlined on this map.

Geophysical Services Tchentlo Property

8

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

DISCUSSION OF RESULTS. The magnetic survey, after filtering to remove the high frequency noise, showed good correlation with the heliborne magnetic survey – 1991 multi sensor geophysical survey Mt. Milligan – as can be seen on the plan maps of the grid. Although the area surveyed is mostly overburden covered, this cover would appear to be relatively thin based on the high frequency ripple on the magnetic profiles. A strong chargeability zone is noted on Lines 1800S and 2050W coincident with the strong magnetic response. It should be noted here that the “D” showing as noted in the Minfiles is located just east of Line 2050W and between Lines 1800S and 1000S – a showing of copper – gold in the Hogem intrusive. A second well defined chargeability anomaly was observed on Line 600S partially coincident with lower magnetic response. Both of these anomalous zones are contained within a large Cu – Au soil and rock geochemistry anomaly. A third chargeability zone is discernible on the three northeasterly trending lines, most prominent on Line 9600E. On this latter line it is also coincident with a strong magnetic response, but is generally contained within the northwesterly trending magnetic feature.

Geophysical Services Tchentlo Property

9

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

SUMMARY, CONCLUSIONS & RECOMMENDATIONS. Between October 5th and 13th, 2005, Peter E. Walcott & Associates Limited undertook a limited magnetic and induced polarization survey for Serengeti Resources Inc. The survey was carried out over seven randomly oriented lines on Serengeti’s Tchentlo property, located on the southern shores of Chuchi Lake, some 80 kilometres north northwest of the settlement of Fort St. James, British Columbia. The I.P. survey located the presence of three anomalous chargeability areas contained within a northwesterly trending area of higher magnetic intensity, and coincident for the most part with the strongest magnetic responses. Two of these chargeability zones are also located within a broader area of elevated copper-gold geochemical values. As a result the writer suggests that additional geochemistry and magnetic and I.P. surveys be undertaken to further delineate the zones prior to investigation of their causative sources by drilling. Respectfully submitted, PETER E. WALCOTT & ASSOCIATES LIMITED Peter E. Walcott, P.Eng. Geophysicist Vancouver, B.C. January 2006

Geophysical Services Tchentlo Property

10

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

APPENDIX

Geophysical Services Tchentlo Property

11

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

COST OF SURVEY. Peter E. Walcott & Associates Limited undertook the survey on a daily basis. Mobilization and reporting were extra so that the total cost of services provided was $25,351.80.

Geophysical Services Tchentlo Property

12

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

PERSONNEL EMPLOYED ON SURVEY. Name Occupation Address Dates Peter E. Walcott Geophysicist Peter E. Walcott & . Oct 20thth, Associates Limited Dec. 3rd -5th 506-1529 W, 6th Ave. Jan. 16th ,2006 Vancouver, B.C. Alexander Walcott Geophysicist “ Dec. 4th - 8th, 2005 Andrea Cochrane “ “ Oct. 5th – 13th,

2005 Matt Chomin “ “ “ P. Charlie Geophysical “ “ Operator S. Cruikshank Geophysical “ “ Assistant B. Lajeunesse “ “ “ R. Prince “ “ Oct. 7th – 12th, 2005 J. Walcott Report Prep. “ Jan. 17th, 2006

Geophysical Services Tchentlo Property

13

Peter E. Walcott & Associates Limited Magnetic & Induced Polarization Surveying

CERTIFICATION.

1. I am graduate of the University of Toronto in 1962 with a B.A.Sc. in Engineering Physics, Geophysics Option.

2. I have been practicing my profession for the last forty three years. 3. I am a member of the Association of Professional Engineers of British

Columbia and Ontario.

4. I hold no interest, direct or indirect, in Serengeti Resources Inc., nor do I expect to receive any.

Peter E. Walcott, P.Eng. Vancouver, B.C. January 2006

Geophysical Services Tchentlo Property

9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au9730ppm Cu, 980ppb Au

2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au2550ppm Cu, 175ppb Au

2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu2170ppm Cu

530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu

2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au2540ppm Cu, 894ppb Au

755ppm Cu755ppm Cu755ppm Cu755ppm Cu755ppm Cu755ppm Cu755ppm Cu755ppm Cu755ppm Cu

432ppm Cu432ppm Cu432ppm Cu432ppm Cu432ppm Cu432ppm Cu432ppm Cu432ppm Cu432ppm Cu

530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu530ppm Cu

322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au322ppm Cu, 325ppb Au

1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au1950ppm Cu, 455ppb Au

2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au2100ppm Cu, 310ppb Au

2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.44% Cu, 685ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au2.80% Cu, 445ppb Au

0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au0.30% Cu, <50ppb Au

0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au0.36% Cu, 137ppb Au

NIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,AuNIGHTHAWK Cu,Au

sPrsPrsPrsPrsPrsPrsPrsPrsPr

py,mapy,mapy,mapy,mapy,mapy,mapy,mapy,mapy,ma

sKspsKspsKspsKspsKspsKspsKspsKspsKsppopopopopopopopopo

py, wKsppy, wKsppy, wKsppy, wKsppy, wKsppy, wKsppy, wKsppy, wKsppy, wKsp

wKspwKspwKspwKspwKspwKspwKspwKspwKsppypypypypypypypypy

wP,wKspwP,wKspwP,wKspwP,wKspwP,wKspwP,wKspwP,wKspwP,wKspwP,wKsp

KspKspKspKspKspKspKspKspKsp

pypypypypypypypypy

wPrwPrwPrwPrwPrwPrwPrwPrwPr

wPrwPrwPrwPrwPrwPrwPrwPrwPr

py,mapy,mapy,mapy,mapy,mapy,mapy,mapy,mapy,ma

KspKspKspKspKspKspKspKspKspPr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,Ksp

Pr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,KspPr,Ksp

py,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsp

Pr,pyPr,pyPr,pyPr,pyPr,pyPr,pyPr,pyPr,pyPr,py

py,py,py,py,py,py,py,py,py,KspKspKspKspKspKspKspKspKsp

wPrwPrwPrwPrwPrwPrwPrwPrwPrPrPrPrPrPrPrPrPrPr

py,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsppy,wKsp

Pr, pyPr, pyPr, pyPr, pyPr, pyPr, pyPr, pyPr, pyPr, pypy,cpypy,cpypy,cpypy,cpypy,cpypy,cpypy,cpypy,cpypy,cpy

KspKspKspKspKspKspKspKspKsp

sPrsPrsPrsPrsPrsPrsPrsPrsPr

KspKspKspKspKspKspKspKspKsp

wPrwPrwPrwPrwPrwPrwPrwPrwPr

PrPrPrPrPrPrPrPrPr

KspKspKspKspKspKspKspKspKsp

Pr,wKspPr,wKspPr,wKspPr,wKspPr,wKspPr,wKspPr,wKspPr,wKspPr,wKsp

PrPrPrPrPrPrPrPrPr

pypypypypypypypypymal,Kspmal,Kspmal,Kspmal,Kspmal,Kspmal,Kspmal,Kspmal,Kspmal,Ksp

cpycpycpycpycpycpycpycpycpy

wKspwKspwKspwKspwKspwKspwKspwKspwKsp

sKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,pysKsp,cpy,py wKspwKspwKspwKspwKspwKspwKspwKspwKsp

wPrwPrwPrwPrwPrwPrwPrwPrwPr

cpycpycpycpycpycpycpycpycpy

3930

00m

E

3940

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3950

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3900

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3890

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3910

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3920

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6116000m N

6115000m N

6114000m N

6113000m N

6112000m N

6111000m N

6110000m N

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3920

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3910

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3890

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3860

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3870

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3880

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3870

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6117000m N

3830

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3800

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3810

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6116000m N

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3850

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3860

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3820

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3800

00m

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3810

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6117000m N

6115000m N

6114000m N

6113000m N

6112000m N

6111000m N

6110000m N

00S00S00S00S00S00S00S00S00S

200S200S200S200S200S200S200S200S200S

400S400S400S400S400S400S400S400S400S

600S600S600S600S600S600S600S600S600S

1400S1400S1400S1400S1400S1400S1400S1400S1400S

800S800S800S800S800S800S800S800S800S

1000S1000S1000S1000S1000S1000S1000S1000S1000S

1200S1200S1200S1200S1200S1200S1200S1200S1200S

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line

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3000S3000S3000S3000S3000S3000S3000S3000S3000S

2200S2200S2200S2200S2200S2200S2200S2200S2200S

2600S2600S2600S2600S2600S2600S2600S2600S2600S

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W OR-33: 208ppm Cu, 20ppb Au

OR-36: 124ppm Cu, <10ppb Au

6d

6d

6a 6c 6d6c

6c

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6a 6a

6a

6a 6a

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6a4d

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16a 6a 1

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14d4d74d

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10a

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6a

74d

4d

4d4d6a

7

6a6a 6a6a

4d

Projection

Author File

State/Province

Geology, IP Geophysics andCopper Soil Geochemistry

Compilation Map

TCHENTLO PROPERTY

Jan 31, 2006 1:20,000

BCUTM Zone 10 - NAD83

TchentloBaseMO

3Date Scale Plate

SERENGETI RESOURCES INC.

N

TCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARYTCHENTLO PROPERTY BOUNDARY

SymbolsGeology

6

5c

4d

6a. monzodiorite, 6c. monzogabbro, 6d. diorite

pyroxenite

L E G E N D

andesite

llllllllllllllllllllllllllllllllllllllllllllllllll Cu, Au showing

Pr- propylitic alteration, Ksp- K-feldspathic alteration

7

8a

10a

volcaniclastic siltstone

porphyritic monzonite

diorite porphyry

granodiorite

1

high-grade boulder

600400 1000

metres

0 200

boulder

IP anomaly

2005 IP geophysics survey lines

2005 rock sample

copper soil anomaly 80-300 ppm

80ppm Cu

80ppm Cu

80ppm Cu80ppm Cu

80ppm Cu80ppm Cu

80ppm Cu

80ppm Cu80ppm Cu

80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80pp

m C

u

80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu

80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu80ppm Cu

L-600

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

8.97 8.79 7.78 7.9 8.21 8.58 9.12 9.34 10.3 12.4 13.6 15.9 16.2 18.1 17.6 19.2 17.9 16.7 16.3 15.4 14.4 11.5Filter Filter

-1000 -500 0 500

8.6 8 4.9 5.1 6.2 6.8 8.7 7 6.3 8.7 7.2 15 15 20 15 18 14 11 11 12 16 12

11 8.6 7.6 8.1 7.7 9.2 7.5 7.9 8 11 15 14 17 16 19 18 15 15 16 14 10

8.3 9.3 9.3 8.6 9 8.2 8.9 9.5 12 17 14 17 14 21 19 18 20 20 17 11

8.6 9.2 9.2 8.5 8.8 9.4 7.3 14 17 16 17 14 19 20 19 20 21 19 13

7.6 8.7 9.4 9.1 10 13 15 19 17 19 15 20 19 20 19 23 19 14

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

583 568 631 690 647 506 478 501 521 395 494 560 542 564 535 570 435 443 483 513 790 565Filter Filter

-1000 -500 0 500

566.82 448.9 485.9 569.75 683.49 559.41 422.57 393.16 589.48 319.42 388.81 541.3 581.95 589.77 486.62 721.5 349.89 489.99 433.52 318.52 1137.2 532.87

525.97 389.64 788.62 881.63 478.86 418.82 491.62 709.12 218.46 334.56 677.65 462.83 538.13 586.1 584.96 709.25 248.77 457.41 380.91 647.59 566.12

441.26 632.81 898.23 550.64 369.54 451.63 779.27 266.23 346.7 576 550.87 506.89 548.13 646.07 594.41 443.4 241.87 425.23 734.78 515.81

760.22 1092.2 632.49 451.59 434.25 706.39 458.65 410.14 648.95 431.48 600.64 542.04 562.28 619.93 368.41 363.72 422.52 815.28 644.54

824.79 659.28 460.96 455.47 671.27 284.21 453.37 680.81 562.23 507.56 607.67 575.9 527.11 380.87 333.26 389.11 749.05 703.1

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L-1000

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

5.74 6.61 6.62 6.73 6.81 6.19 5.92 5.83 5.47 5.47 5.81 6.12 6.63 6.86 7.32 6.96 6.97 5.83 6Filter Filter

-2600 -2400 -2200 -2000 -1800 -1600 -1400 -1200 -1000

3.6 4.6 4.4 4.7 5.1 3.9 3.7 4.3 4.2 4.4 4.6 4.9 4.9 3.8 5 4.6 6.1 4 5.7

5.8 6.1 5 5.8 5.3 4.6 5 4.6 5.1 4.9 5.6 4.7 6 6.2 6.9 7.6 6.6 5.5

7.1 6.9 6.8 6.1 6.4 6.4 5.4 5.1 5.5 5.7 5.6 5.8 9.1 7.8 8.2 7.1 7

8.2 8.7 7.4 7.2 7.6 6.6 5.9 6.1 4.5 5.7 7.5 9.2 8.9 7.8 7.3 6.4

11 9.7 8.7 9 8 7.3 7.5 7.6 5.5 7.2 10 9.7 8.7 6.3 6.7

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

517 563 604 622 622 694 712 736 732 791 684 695 546 591 602 569 642 688 698Filter Filter

-2600 -2400 -2200 -2000 -1800 -1600 -1400 -1200 -1000

489.42 567.55 664.93 748.22 718.12 859.3 775.19 696.53 571.89 780.88 499.62 747.49 326.92 450.11 544.3 492.66 596.84 637.8 718.76

538.81 599 720.84 592.59 773.82 741.85 818.31 676.33 814.9 722.51 677.77 523.97 467.12 614.53 473.4 502.17 786.54 658.04

566.26 679.69 579.16 650.99 646.92 778.41 698.88 888.09 779.2 847.99 459.72 676.31 606.67 544 524.16 644.26 747.73

565.41 464.94 568.43 538.98 667.66 566.58 882.03 846.08 936.31 540.65 659.2 757.98 579 628.6 697.4 653.14

463.22 526.52 489.49 579.26 551.96 717.64 816.55 864.06 769.02 669.3 778.31 621.51 629.06 790.16 664.5

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L-1800

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

7.8 8.24 9.76 11.6 14.9 13.5 14.1 14.8 15.2 15.7 15.5 14.5 13.5 10.4 9.25 8.83 7.89 7.12 6 5.9 5.45 5.11 5.91 6.03 6.56 7.53 7.71 8.12 7.68 6.62 6.27 5.83 4.94Filter Filter

-2500 -2000 -1500 -1000 -500 0 500

6.5 4.6 5.1 5 15 13 10 10 11 11 12 14 14 6.5 5.2 5.9 5.7 5.4 2.4 4 3.7 2.8 4.7 4.9 6.2 6.9 5.6 6.7 6.4 4.7 5.1 4.6 3.6

6.8 6.8 6.8 17 12 12 15 11 13 17 14 15 12 7 8.3 7.1 6.2 5.9 5.6 5 3.1 5.1 6 4 6.1 6.9 7.6 8 6.8 5.3 6 5.2

6 7.1 19 13 12 15 16 14 19 16 15 13 11 10 8.8 7.6 6.8 5.6 5.7 4.4 5.6 6.1 5 6.7 7 8.9 8.8 7.4 6.8 5.9 6.2

7.4 19 15 12 15 16 19 21 17 16 13 12 14 11 9.3 8.3 8 8.4 5.4 6.2 6.8 5.4 6.7 7.2 9 8.9 8.7 8 7.5 6.6

20 15 13 15 15 20 24 18 17 13 12 13 14 11 9.8 8.1 8.6 7.4 7.7 8.3 6.2 7.2 7.9 9.5 10 9.3 8.7 8.1 7.1

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

944 825 704 744 707 757 735 835 846 814 786 792 738 557 621 749 875 879 1020 1040 600 651 833 848 890 964 974 910 848 864 745 644 583Filter Filter

-2500 -2000 -1500 -1000 -500 0 500

1020.7 872.27 839.53 1023.3 725.44 863.26 862.11 1366.4 1247.9 874.41 768.82 990.73 1039.1 451.12 412.67 395.55 632.11 841.89 1282.3 1594 410.85 544.85 765.04 563.02 507.99 600.51 841.56 1032.1 813.01 797 600.78 518.89 424.29

1384.9 763.56 785.84 683.07 857.34 868.7 818.48 865.6 981.08 922.18 862.68 1011.5 551.56 449.08 455.68 877.05 714.74 929.25 1710.9 753.65 486.09 615.82 896.03 574.66 838.43 1047.4 883.19 728.7 931.16 918.03 486.59 714.42

642.2 598.61 553.36 741.25 783.99 777.75 616.16 681.24 921.24 919.36 868.69 529.2 463.69 485.99 1031.1 891.79 833.76 1197 699.12 732.23 560.59 661.71 930.2 879.02 1237 972.79 699.93 870.65 978.77 731.94 594.45

470.95 793.92 597.84 786.21 706.89 594.43 568.61 778.92 828.47 922.51 502.34 442.1 517.28 1084.5 1007.4 982.99 1117.5 504.44 652.41 775.29 787.76 779.32 1240.4 1230.9 1106.4 785.04 856.37 1060.4 823.38 717.83

552.32 770.08 593.39 689.77 521.9 520.86 579.1 749.32 760.78 529.33 411.09 466.98 1105.7 1016.3 1073.3 1236.9 461.48 470.24 700.48 720.88 772.35 1125.2 1831.5 1086.7 836.67 890.62 850.27 895.43 856.51

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L-2050

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

9.96 12.5 13.6 15.6 15.3 12.8 9.9 7.82 5.78 4.79 4.6 4.08 3.81 4.05 3.92Filter Filter

-2000 -1800 -1600 -1400 -1200 -1000 -800

6.9 9 9.3 12 9.1 6.7 5.3 5.8 3.3 2.6 3.5 3.5 3.1 3 3.2

9.4 12 12 16 13 8.2 6 4.4 3.7 4.2 3.9 2.5 4.4 4.7

13 15 16 19 15 8.2 5.4 4.7 5.3 4.3 3.2 4.3 3.9

14 18 17 20 16 10 7.3 6.2 5.2 3.9 4.6 4.2

17 19 17 20 16 9 8.8 7 5.5 4.7 5.3

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

574 865 648 866 955 829 886 779 661 676 751 619 719 664 788Filter Filter

-2000 -1800 -1600 -1400 -1200 -1000 -800

462.08 1233.4 510.26 982.89 1021.1 570.51 788.62 717.72 617.14 708.04 817.48 334 660.73 550.71 933.28

821.76 746.54 648.3 1131.5 911.56 742.53 996.05 564.03 580.88 805.34 627.51 595.69 705.07 594.17

529.23 814.04 714.47 1001.1 1078.4 799.54 868.42 505.46 648.42 582.86 951.45 587.87 746.9

584.82 825.47 638.84 1123.9 1164.8 732.09 804.57 573.8 651.22 793.44 980.03 574.45

579.07 756.4 722.58 1190.2 1072 633.94 883.6 502.41 655.33 798.94 878.64

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L8800

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

6.21 6.39 6.25 6.11 5.89 6.16 6.69 6.93 7.33 7.48 7.18 7.06 6.51 6.04Filter Filter

4400 4600 4800 5000 5200 5400 5600

5.7 6.1 5.5 5.9 5 4.5 4.3 3.6 4.5 6 5.9 6.3 5.4 5

6.3 6.5 6.6 5 5 5.8 6.1 6.3 7.1 6.7 7.1 6.6 5.9

6.6 7.1 5.8 5.3 6.2 6.2 7.7 8.4 7.5 6.8 7.2 7.1

7.3 5.8 6.1 6 8.2 8.3 9.1 8.5 8 7 7.5

6.6 5.6 7.2 6.9 9.6 10 9 8.6 8.1 8

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

219 264 259 247 269 294 341 387 386 398 402 409 482 562Filter Filter

4400 4600 4800 5000 5200 5400 5600

182.08 254.24 221.02 160.08 168.57 199.23 217.42 220.52 250.27 258.53 253.64 381.27 545.63 617.98

238.04 282.89 210.35 231.24 240.08 266.53 505.22 343.5 353.74 540.95 384.78 448.37 647.74

259.61 250.23 271.86 283.01 270.22 363.76 391.74 407.65 394.37 426.82 404.18 513.38

223.06 309.07 313.31 294.16 464.62 389.3 422.4 731.03 476.79 228.16 475.53

280.14 337.16 317.64 317.65 345.73 422.61 435.9 485.33 454.79 255.38

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L9200

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

5.67 6.21 6.35 6.35 6.49 6.93 7.34 7.88 8.37 9.2 9.22 9.51 7.74 9.5Filter Filter

4400 4600 4800 5000 5200 5400 5600

5.4 6.7 6.1 5.8 5.2 5.5 5.8 5.7 4.6 6.5 6.9 10 6.6 9.6

5.8 6.4 6.3 5.9 6.8 6.6 6.6 7.1 8.8 8.4 11 5.9 9.1

6.1 6.1 6.3 6 7.1 7 7.6 9.9 10 11 6.9 9.1

5.9 5.8 8 7.4 7.3 7.9 10 11 12 7.6 9.8

5.5 6.5 8.2 7.8 8.3 10 10 12 8.5 10

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

218 229 233 232 244 266 278 294 319 401 439 558 555 864Filter Filter

4400 4600 4800 5000 5200 5400 5600

207.98 219.61 207.09 177.77 169.02 185.8 203.14 198.1 218.42 345.66 274.27 593.39 487.88 1080

232.06 223.52 216.89 187.8 235.91 249.84 267.97 250.87 263.74 360.61 499.12 475.36 723.42

224.69 223.06 227.07 257.02 278.42 300.7 292.5 297.24 350.31 590.71 428.18 694.09

209.17 241.42 304.66 292.32 309.7 304.79 318.26 371.29 577.87 494.54 649.88

227.22 318.74 308.68 336.3 299.02 329.62 392.15 580.24 470.49 685.04

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

L9600

Pole-Dipole Array

VI

a na a

plot pointa = 100 m

Filter*

* ** * *

* * * ** * * * *

Logarithmic1, 1.5, 2, 3, 5, 7.5, 10,...Contours

100 0 100 200 300 400 500 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.INDUCED POLARIZATION SURVEY

TCHENTLO PROPERTY, CHUCHI LAKE AREAOMENICA M.D., B.C.

Date: OCTOBER 2005 N.T.S.: 093N/02Interpretation: Peter E. Walcott

PETER E. WALCOTT & ASSOCIATES LIMITED

Average IPmV/V

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Average IPmV/V

5.79 5.75 6.55 7.24 8.22 11.5 13.5 13.8 15.3 10.4 10.6 9.17 8.04 7.45Filter Filter

4400 4600 4800 5000 5200 5400 5600

5.5 4.5 5.1 5.4 3 8.4 15 16 24 13 12 5.8 4.9 5.3

6.4 6.3 6.3 3.7 9 14 12 23 12 9.8 12 7.2 6.5

6.2 6.4 4.2 9.4 13 11 20 11 9.6 9.8 12 9

6.5 3.9 11 15 11 17 7.6 9.3 9.6 10 13

4.1 10 16 13 20 5.2 6.8 9.1 9.5 11

5

10

15

20

25

0

30

AveIPmV/V

5

10

15

20

25

0

30

AveIPmV/V

Calculated ResistivityOhm*m

n=1

n=2

n=3

n=4

n=5

n=1

n=2

n=3

n=4

n=5

Calculated ResistivityOhm*m

248 269 270 233 289 338 394 427 458 426 438 561 547 822Filter Filter

4400 4600 4800 5000 5200 5400 5600

216.11 256.41 236.35 103.34 247.73 301.22 373.09 357.07 464.26 389.77 343.99 617.86 453.85 1001.4

270.71 247.21 240.86 135.86 335.21 369.38 407.34 541.49 402.5 328.69 497 553.97 662.62

247.46 238.25 319.26 162.3 345.4 380.22 533.18 438.91 351.94 491.93 443.9 754.71

261.4 318.95 322.25 360.5 331.44 480.3 465.79 403.08 502.9 432.22 664.08

334.69 356.87 307.37 355.26 414.81 392.76 419.05 588.8 438.63 635.99

10

100

1000

10000

Calc ResOhm*m

10

100

1000

10000

Calc ResOhm*m

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

54000

56000

58000

60000

62000

64000

52000

66000

TFMnT

200 0 200 400 600

metres

Scale 1:10000

SERENGETI RESOURCES INC.MAGNETIC SURVEY

PROFILES OF TFI (nT) WITH IP INTERPRETATIONON REGIONAL GSC AIRBORNE MAGNETICSTCHENTLO PROPERTY, CHUCHI LAKE AREA

OMENICA M.D., B.C.January 2006 MAP: WTCH1

PETER E. WALCOTT & ASSOCIATES LIMITED

Profile Base 57000 nT, 1000 nt/cm

58042.758099.458154.658205.058238.258262.358280.358292.858307.958324.258352.358377.458401.258437.458469.658504.658539.858569.658602.958641.158671.958722.058783.858835.858866.758915.358949.558973.658997.259034.859078.059118.659177.459271.759401.159603.659816.160112.7

nTL1000S L1000S

L960

0E

L960

0E

L880

0E

L880

0E

L920

0E

L920

0E

L600S

L600S

L1800S

L1800S

L2050W

L2050W

-2600

-2400

-2000

-1800

-1600

-1400

-1200

-1000

-800

4400

4600

4800

5000

5200

5400

5600

4400

4600

4800

5000

5200

5400

5600

4400

4600

4800

5000

5200

5400

5600

-1400

-1200

-1000

-800

-600

-400

-200

0

200

600

800

-2600

-2400

-2200

-2000

-1800

-1600

-1400

-1200

-1000

-800

-600

-400

-200

0 200

400

-800

-1000

-1200

-1400

-1600

-1800

-2000

-2200

6113

000N

6114

000N

6115

000N

6116

000N

6113000N6114000N

6115000N6116000N

389000E 390000E 391000E 392000E 393000E 394000E

389000E 390000E 391000E 392000E 393000E 394000E