GEOPHYSICAL SURVEY REPORT

ON

(50-GHOST DETAIL EAST/dEST GRID)

MAGNETOMETER AND ELECTROMAGNETIC

SURVEYS

ELLIOTT TOWNSHIP

LARDER LAKE MI fi IMG DIVISION

DISTRICT OF TIMISKAMING, ONTARIO

fITS 32D/5

FOR

PROVINCIAL RECORDING OFFICE - SUDBURY

RECEIVED

JUL 062004A.M. ?: y o -fr P.**.

TIGER GOLD EXPLORATION CORP,

JULY 5, 2004MISS W&'IDY K, WELLER GEOTECH

RECEIVEDJUL u 6

GEOSCIENCE ASSESSMENT OFFICE

32D05NW2167 2.28009 ELLIOTT 010

TABLE OF CONTENTS

SUMMARY. . . . . . . . . . . . . . . . . . . . . . . . . i)

INTRODUCTION . . . . . . . . . . . . . . . . . . . , . . l

LOCATION AND ACCESS. . . . . . . . . . . . . . . . . . . l

P.P.EVIOUS HISTORY . . . . . . . . . . . . . . . . . . . . 2

TOPOGRAPHY . . . . , . . . . . . , . . . . . . . . . , , 2

GENERAL GEOLOGY. . , , , , , , , , , , , , , , , , . , , 2

INSTRUMENTATION. ,'. . . . . . . . . . . . . . . . . . . . 2, 3

PRESENTATION A,NO DISCUSSION Or RESULTS .........3,4

OBSERVATIONS AND CONCLUSIONS . . . . . . . . . . . . . , ~

LIST OF CLAIMS . . . . . . . . . . . . . . . . . . . . . 5

TECHNICAL DATA . . . . . . . . . . . . . . . . . . . . . 6

ASSESSMENT DATA FORM . . . . . . . . . . . . . . . . . . 8

GIGLIOGRAPHY . . , . . . . . . . . . . . . . . . . . . . 9

CERTIFICATE. . . . . . . . . . . . . . . . . . . . . . . 10

MAPS, FIGURES AND TAELES

CLAIM LOCATION MA? - FIGURE la). . . . . . . . . . . . . l a)

LOCATION MAP - FIGURE Id). . . . . . . . . . . . . . . . i b)

TABLE l - TABLE OF LITHOLOGIC UNITS - FIGURE le) . . . . 2 a)

AEROMAGNETIC* (ONT. GEOL.SURVEY 1933} - FIGURE Ib) . . . 7

GROUND VLF-EM SURVEY NTS-320/5 - MAP NO, SO-G/2004/vlf (i;i BACK(

GROUND MAGNETOMETER SURVEY NTS-320/5 - MAP NO.SO-G/2004/mag (POCKET

SUMMARY ' i)

This report Is a geophysical survey as required by The Ministry of Northern Development and Mines for assessment; work purposes, following the recommendation set forth in The Mining Act Regulations 1991.

The report includes an Introduction to the property, general geology, field results and conclusions based on the field survey.

Technical data is provided on The Assessment Data form found at the back oft the report. Field Data is compiled on the accompanying plan rraos found at the back of this report, Map flo. 50-GX20047rnag and Map No. {JO-G/2004/vlf.

GEOPHYSICAL SURVEY REPORT ON

(50-GHOST DETAIL EAST/WEST GRID)

MAGNETOMETER AND ELECTROMAGNETIC

SURVEYS

ELLIOTT TOWNSHIP

LARDER LAKE MINING DIVISION

DISTRICT OF TIMISKAMING, ONTARIO

NTS 32D/5

INTRODUCTION

The claim group consists of 73 unpatented mining claims, (3) three Dlocks of which are included in this report.

Decemoer 6, 2003, PL400E was cut wider plus re-picketed to oe used as a North/South baseline. Due tp freeze up, the grid was started in the south end of the property. Picket lines were turned off the oaseline every 50 meters and stations established every 25 meters.

The linecutting and chaining was performed by Alain Pariscoat and crew.

The magnetometer survey was performed by Miss Wendy K. Weller, the electromagnetic survey was performed by Wendy K. Weller. All drafting, contouring and report writing was done by Miss Wendy K. Weller.

Ownership of the aforemdntioned unpatented mining claims has been attested to by The Perron Gold Corporation and Perrex Resourves Inc. and was not independently ascertained by the writer.

LOCATION AND ACCESS

Highway 672, better known as the Harker-Holloway Road, extends north-south across the eastern boundary of the mapped area. The property is therefore reached from Kirkland Lake by travelling 13 km east on Highway 66, then 36 km north on 672 to the claims. Conversely, the claims may be reached by travelling 45 km east from Matheson on Highway 101 and then 14 km south on 672. (See Figure la) and Figurr Id).

HARKER TOWNSHIP

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Location MapFIGURE Id)

Perrons Inc. 1936, Air Electromagnetics and Air Magneto meter report can be seen at the Regional Office.

Ken Germundson, March 1994, Geological Report GKOST-50 Group of mineral claims, Elliott Township 32D/5.

Wendy K. Weller, March, 1994, Ground Magnetometer over Ghost Lake Grid-94, Elliott Township, NTS 320D/5.

Wendy K. Weller, October 21, 1997, Geophysical Survey Report on 50-Ghost East/West Grid, as well as Geophysical Survey Report November 16, 1993, on 50-Ghost North/West Grid. ,

ys.Wendy K. Weller, November 27, 1998, Geophysical Survey

Report (50-Ghost East Grid), Magnetometer S Electromagnetic SurveWendy K. Weller, December 24, 1993, Geophysical Survey

Report (50-Ghost East Grid), Magnetometer S Electromagnetic Surveys,as well as Geophysical Survey on January 5, 1999.

TOPOGRAPHY ;- and August 30, 1999. Feb. l, 2000

The majority of the property has been logged, and second growth consisting of tag alder and/or willow is present. Some of the logged area has been sprayed in order to stop the growth of deciduous trees and shrubs. Considerable areas have been replanted with pine. A few stands of spruce have been spared; generally cedar swamp have been left uncut.

Relief over the claims does not exceed 20 or 25 ceters. The terrain is flat to gently rolling to rugged with the development of cliffs.

GEOLOGY

(QGS-Geology) of Tnackeray, Elliott, Tannahill i.r,-'. Dckis Townships)by L. S. Jensen states nThe area is underlain by Early Pre cambrian (Archean) volcanic rocks. Northeast trending diabase dikes of Middle to Late Precambrian age intrude the volcanic rocks. n

The tholeiitic volcanic rocks occur in. Elliott Township. The theoleiitic sequence is composed of three rock types, low-iron, magnesium rich Choleikic basalt, iron-rich tholeiitic basalt and thole i i tic rhyol ite.

Table of Lithologic Units for Elliott Township. (See Figure le)

INSTRUMENTATION

Magnetometer Survey:

This system uses a backward motion of spinning protons of a hydrogen atom within fluid of hydrogen and carbon. These spinning magnetic protons are caused to have two opposite poles by applying a magnetic fluid using a current within a coil of wire. This frequency of precision is proportional to the earth's total magnetic field.

FIGURE 1C

TACLE 1 TABLE OF UTIIOLOGIC UNITS FOR THG THACKERAY, ELLIOTT, TANNAHILL, AMD DOKIS TOWNSHIPS,

PHANEROZOIC ' - CENOZOIC

QUATERNARYPLEISTOCENE AND RECENT

Till, reworked till, sillar land and gravel, Virvcd clay, du.ia i:r.d, jft jird pc.il

PflSCA.MOniANMIDDLE TO LATEPflSCAMCniAN (PROTEROZOIC!

MAFIC INTRUSIVE P.OCKS•' Clibii* und quartj dU

i fi rn (j: i v s CQHTA c r

EAnLYPRECA.ManiA.'l lAHCHSAN] f ELSIC INTRUSIVE ROCKS

SYENITIC iNTnujive nocxsEjy'jfjnul'" trd pe'phylllc r/enodlo'ln. rr.en;3n!:a. r/irln. f;!ii;:r

ftftrpliy/, p*jnj:lu (nd liKT.p

.'ITRUStve CQNTACt

GRANITIC INTRU5IV6 RCCK3Cuiru dlarln. erinod^rll*, lrflndh|4(Tlltl. ft'dipar pcr;Nyrv. ar.d

rock i '

t.'lTR'JSIVS CONTACT

MAFIC i:iTflu:iv;

i.'irr.\::ivs co f ir ACT\

VOLCA.'llCflQCKSRHYOLITIC ANO OACITIC VOLCANIC nQCK3

-AiiitCnt ;u ti4^l^lllv* b'eeel*. Ile" bfieet*. pywltttle bfeesla. (ufl. er/'.nl tw'f.

lolii.il. fhyolltl* md dxlttc roclii fildipjc, md quan: 6C';*y"/. md dnelilc rock i

Spherulitic luff aid tuff-braeelj. and chtny luff, rhyslltlc :'i ii-.l: : r-'.'-:

OAJAI.TIC AflO ANOCSITIC VOLCANIC flGCKS

. 'fx'ii. pyroel*nla hrieel*. luff *nil hjr ;;l lull, *— y; - 'i Iol4.il, poTJhyrllla fit^iptr btiallla md mdolllc racVi irnj ;r:;nie:"'.:

gmnhlbollit (iclti, miii-bitiltla md nita-i.^d '

Tholtllile JuliaCluck If) il/irk jrwn, high-Iron, mnttlvi, plllowjd flcw-iep .

briCRU. hy/ilaelaitla, vnrlolhU am! (imyjd.ilolfl.il Imt/ililr; ariJ nrdniliir roc)ii nod Interflow Mdlmonll

Grey lo (jraan, h^hvnngnailum m/inlvs. pillowed, flaw. lop br;e:ii, pi'llC"- li'rrrl.i. hyoloe/aillc, porphylile (sldipnf. variolitic mrl /invr-'a'o^'-.i liriiAiili; rochi and Iniarftaw iciiinanti

-3-

Th1s Instrument Is read directly In gammas which 1s the absolute value of the earth's total field for that station,

The diurnal variation was monitored by closing each loop at any secondary check station, at a grid line, baseline Intersection. Diurnal corrections were applied by linear distribution of any cbser- ved variation over the time between base stations.

Electromagnetic Survey,:

The VLF-EM method uses as a source, several of the 17.2 in submarine comnlnucations transmitters 1n the 15 to 25 k H z band four, ri throughout the world.

The submarine communication radio waves travel in a single mode parallel to the surfaces of the earth slong the earth-air Interace. ;

VLF instruments are capable of picking up any structures that change the direction of the waves by measuring the tilt angle being zero on flat ground, but when a conductor 1s present, the tilt angle will acquire a finite value. The direction of tilt indicates tha diractlon of .the conductor.

Calculations of .such parameters as depth, depth extent, dip and width of the conductors 1s very minimal.

The VLF easily illustrates the location of the upper limitof dipping structures which can be seen or plotted as VLF profiles as areas of greatest change in tilt angle per unit of distance.

The instrument used for this survey was a. Geonlcs -M-lo Unit. The sensitivity cf this unit is IS for the inphase and l'', for the quadrature. The operating frequency for the EM-16 free. 15-Z: kHz and the station Is made by plug-In units.

Further Information on the VLF and the magnetometer can be found 1n the back of this report on the Technical Data and Asssss-.ent forms.

PRESENTATION AMD DISCUSSION Or RESULTS

i) Magnetometer Survey 2004: .

The field data is presented on Hap No. SO-G/2000/Nmg at a scale of 1:50,000 found in the back pocket of this reporc.

The magnetic data is illustrated as isomagneticcontours, contour intervals 100 gammas, on a map of correctmagnetic values recorded at each station.

-4-

The magnetic relief ranges from 57,383 gammas to 59,808 gammas (difference of 2,425 gammas).

The magnetic trend is in an east to northeast direction. On the west side of the Highway 672 there is a large magnetic high system running northeast through the grid. The bottom southwest corner of the grid a circular high anomalie is noted, this high anomalie may well be the outline for a kimberlite, occurrence. East of Highway 672 across the grid is a .series of low magnetic band system which is probably associated with the contact between the Kinojevis and Blake River Contact.

i i) Electromagnetic Survey:

The field data is presented on a Map No. SOG/2004/vlf at a scale of one inch to four hundred feet, found at the back of this report.

In this survey two distinctive anomalies were noted.

CI - Crosses PL1500S 1365 1365W to PL1900S 1400W.The area is covered in a very thick alder and balsam growth with second growth of poplar. This contact may be the contact between kimberlite pipe and the host rock. There is no outcrop showing in this area.

C2 - Crosses PL1500S 460W to PL1900S 1590W.This contact is found in a thick spruce and alder bogg. The contact runs along the north edge of a large high magnetic anomalie. The quadrature is positive.

OBSERVATIONS AND CONCLUSIONS

This part of the survey is to help identify the origins of kimberlite occurrences. There are three magnetic high occurrences noted in this part of the survey. The electromagnetic survey is presently being put through a Fraser Filter program to help identify true contacts from the water contacts.

Respectfully submitted,

July 5, 2004 Miss Wendy K. WellerGeotech

•~ O"*

LIST OF CLAIMS UORK PERFORMED ON ELLIOTT TOWNSHIP

L-1160769 4 UNITS

L-1242835 7 UNITS

L-1248882 8 UNITS

Technical Data: - fi -Line (mi/km):..1.!'.1.?..!?................. Line traversed-..

No. of samples/stations:...^!-........ Line/picketELECTROMAGNETIC SURVEY: Operator:: .Mjss.wENpY..^w.aLE:R™

GEONICS EM ' 15VERICAL AND ' . .. ..

Coil configuration:.. ..^..H.o.RjZQiNTAL.. Coil separation:

Method :..flx|P.JMSMlIJ.E.R............ Parameters:..J.N.Pyis.E.i..Qy.AORAjyRE.

Vertical scale:...1..1.^!:..:...4.0:!......... Horizontal scale: J.L59???..........

Frequency:....?!'.8..^?................... Stalion.;.c.uIL.l?i.^LN.L............

Operational

MAGNETIC SURVEY: ...

Instrumenlt....!^^?;.3..f.R.?L0:N....... Accuracy:....-..i..GA^.

Base stationLjy.??.0!.................. Diurnal method:f.L.?.i

Base station Mme:...Lv.l?!..l0..M.^lu.T.El. Localion/value:..8.1.^.0.0.5..... ......

Contour interval:..}.0?..?.^.5.......... Datumn subtracted-.57,pooj.^iHAS

Contoured by:.HJJ.S..w,E.Np.Y.^...w^ER:... Horizontal sca!e-...L:.5.9SP.9..............

Operational

INDUCED POLARIZATION SURVEY'

Transmitter used:....................... Receiver used:..........................

Me l hod;........................................ Frequency:......................./..!..-*.

On time;..................................... Range:..........................................

Off time;._.................................. Delay time:..................................

Power sou ree:............................. Output:.....................................

Electrode array.'........................ Electrode spacing:.................—-

Readings faken:.......................... Other data:.........................—..

Operational technique 1-.... ...,., , ---- ................—

559505 Ont./Pcrrcx Res Ghost 50 Claims Elliott TV/p.,. On far/o AcromagncticG (Ont.

Gcol. Surv., 1983)

-8-

Assessment Data FormType of Work:Prospecting:............................... Geolpglcah..................

Physicah LINE CUTTING AND CHAjj-iING

Geophysical- ELECTROMAGNETIC (l STATION) AND^MAGNEJOMETERJURVEYS

Geochemical:..............-....--..-. Drilling;...............';...

Assays/Analyses:..............,..... Other work:...,..........

Cost of Work:..s8^2 ..QQ......... Dollars Applied'...s8.292..po

Recorded Holder: P ERRON GOLDS urvev Company:

^.o^^EAST^^^^ Address :..10.3 ^0.V.E^NM.EN.T .ROA?. EAST,

.. a^g PZ.N 1^9........^ .A^kAji?.k^-.:..QNTA8jp................

S u r'vey'/' Report" 'informal i b n -.Star! of work:. jJUNE 6, 2004^^^^ End of work:.^u.NE. .30.'.. 200.4.........

Draughting time-..Ju.NE 3.?'.^LY.'.^?.0.0.4 Rcporl' l imc:.. JULY. u.2,.. 2.004 ......

Completion of reporl-.JJJLY 2,.2pp.4.... Au

Work performed on clcim(s)............ ......L-1160769, L-1242835, L-1248882.

Work applied to claim(s)......................................................................

L-980304, L-980305, L-980306, L-980307, .L:9803p8,..L-980309,..L.-98.Q3Jfl f L-980466,

.L.:.9.^91(?.7.v..L."??.1.!9.9.' .L"??^19.i..L:?P.?8.8.4.!..L-9.82.9.7.5,..l. 7.122.59^ .L.-.I22.5.9.82,.....

L-1225984. . . .. ........................-

Persons v/ho performed work (supervisor first):.TIGER GOLD EXPLORATION CORPORATION

WENDY K. WELLER AMD CREW

ALAIN PARISCOAT AND CREW

OIOLIOGRAPHY

R. Ken Gcrmundson - Geological Report,Ghost-50 Group of Mineral Claims Elliott Township, Ontario (320/6) March 7, 1994

- Geology of Thackeray, -Elliott, r-Tannahill and DoMs Townships, District of Cochrane, Ontario.Ontario Division of Mines, Geological Report 165, 71pp. Accompanied fay maps 2367 and 2360, Scale l" - 1/2 rifle. 1978.

Wendy K. Weller - March 1994,:- Ground Magnetometer over Ghost Lake Grid-94, Elliott township,

NTS 320/5.

Wendy K. Weller - Geophysical Survey Report or,50-Ghcst East/West Grid Magnetometer and Electromagnetic Surveys El l io t c .Township lardc-r Lake Mining Division District of Timiskaming, Ontario October 21, 1997

Wendy K. Weller - Geophysical Survey Report50-Ghost forth/West Grid' Mg.T e t crater and Electromagnetic S-rvey: El liott TownshipOistricC of Timiskaming, Ontario November 16, 1998

Wendy K. Weller - Geophysical Survey Report(50-Ghost East Grid)Magnetometer and Electromagnetic Surveys El liott TownshipDistrict of Tiun'skamin^. Ont. fi T S 3.0/5

r 27, 1993

Wendy K. Weller - Geophysical Survey Report(50-Ghost East Grid)Magnetometer and Electromagnetic Surveys Elliott TownshipDistrict of Timiskaming, Ontario NTS 320/5 December 24, 1993

Wendy K. Weller - Geophysical Survey Report (as above)January 5, 1999, and August 30, 1999.Wendy K. Weller - Geophysical Survey Report Elliott Township

50-Ghost New North Grid February l, 2000

-10-

CERTIFICATE

I, Wendy K. Weller, of Virginiatown, Ontario, do hereby

certify:

1) That I am a Geotech and reside at:204 Connell Avenue, Box 252, Virginiatown, Ontario POK IXO

2) That I graduated from the Haileybury School of Mines as a certified Diamond Driller in 1982. I have had a staking licence for the past 16 years.

3) That I was employed as a Diamond Driller for Heath S Sherwood for l year.

4) That I have been practising as a Geotech for a period of sixteen (16) years and I am qualified to write this report.

5) That I supervised and par;icipated in this survey.

If/} (*fLS"

'./fcn'd'y/fc. '.-leHerGeotech

ONTMIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Work Report Summarv

Transaction No: W0480.01047 Status: APPROVED Recording Date: 2004-JUL-05 Work Done from: 2004-JUN-06 Approval Date: 2004-JUL-06 to: 2004-JUN-30

Client(s): 181187 PERREX RESOURCES INC. 200912 THE PERRON GOLD CORPORATION 400683 TIGER GOLD EXPLORATION CORPORATION

Survey Type(s): LC MAG VLF

Work Report Details:

Claim*L 980304L 980305L 980306L 980307L 980308L 980309L 980310L 980466L 980467L 981409L 981410L 982884L 982975L 1167069L 1225977L 1225982L 1225984L 1242835L 1248882

External Credits:

Reserve:

Perform

sososoSO

SO

SO

sososoSO

sososo

52,855

SOSO

so51,22554,212

S8.292

Perform Approve

SOSO

sosososososososoSO

soSO

52,85550

SOSO

S1.225S4.212

58,292

SO

Applied5240S400S400S40054005400S400S400S4005400S400S400S400

SOS153

51,27551,824

SO

SO

58,292

SO Reserve of Work

Applied Approve

S2405400S400S400S400S400S40054005400S400S400S4005400

SOS153

S1.27551,824

SOSO

S8.292

Assign

SO

sosososo50sosososo50soso

52,855

50SO50

S1.225S4.212

S8.292

Assign Reserve Approve Reserve Approve Due Date

00

00000

0000

00

2,855

000

1,2254,212

58,292

5050

SOSOSO50SOSO50

SOSO50

SO

so50sososoSO

so

SO 2005-APR-13

SO 2005-APR-13

SO 2005-APR-13

50 2005-APR-13

SO 2005-APR-13

SO 2005-APR-13

50 2005-APR-13

SO 2005-JUL-27

SO 2005-AUG-04

SO 2005-AUG-04

SO 2005-AUG-04

50 2005-AUG-04

SO 2005-AUG-04

SO 2004-AUG-22

SO 2005-JUL-15

50 2004-AUG-13

SO 2005-JUL-08

SO 2004-MAY-28

SO 2005-JUN-08

50

Report*: W0480.01047

SO Total Remaining

Status of claim is based on information currently on record.

32D05NW2167 2.28009 ELLIOTT 900

2004-Aug-09 14:45 Giroux-k Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date:2004-JUL-06

Ministers du Developpement du Nord etdes Mines Ontario

GEOSCIENCE ASSESSMENT OFFICE 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5

TIGER GOLD EXPLORATION CORPORATION 1595 GRIFFITHS PLACE KELOWNA, BRITISH COLUMBIA V1Z2T7 CANADA

Tel: (888) 415-9845 Fax:(877)670-1555

Dear Sir or Madam

Submission Number: 2.28009 Transaction Number(s): W0480.01047

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time.

If you have any question regarding this correspondence, please contact STEVEN BENETEAU by email at steve.beneteau@ndm.gov.on.ea or by phone at (705) 670-5855.

Yours Sincerely,

/P.Ron.C. GashinskiSenior Manager, Mining Lands Section

Cc: Resident Geologist

Perrex Resources Inc. (Claim Holder)

'/Assessment File Library

The Perron Gold Corporation (Claim Holder)

Wendy Kathleen Weller (Agent)

Tiger Gold Exploration Corporation (Claim Holder)

Tiger Gold Exploration Corporation (Assessment Office)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:19607

ONTARIO D" CANADA ~

Mining Land Tenure Map

o oO)

OH

O Q P)

391000E 592000E M3000E 594000E

5369000N

536SOOON

5M7000N

5366000N

5365000N

6363000N

5358000N

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93S6QOON

S94QOOE

General Information and Limitationsfntrt* *(*NnaioMpto mini*] cuilirainnulfl uyiwuK Wlh tlnp PmwcMi Miilnti WKIISWI*' Offlco ol ihp Mntttiy w uiFKNfn DawlupilMfTI im MMin InrM^Nk'nal kitcnnwiKtHDnltwKUIuinf trm Dm* tt

**9THu*an nuy JftB bt Dblatwd tuo^h lin bcnl UDd TKfei ol RvqMfv CWM.el th* MitMf} al Malunl nat9UK4t.VI444 Tnni

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Dale ; Time of Issue: Fr! Aug 13 15:33:09 EOT 2004

TOWNSHIP / AREA PLAN ELLIOTT G-3633

ADMINISTRATIVE DISTRICTS l DIVISIONS

Mining Division Larder LakeLand Titles/Registry Division COCHRANEMinistry of Natural Resources District KIRKLAND LAKE

TOPOGRAPHIC Land Tenuref r**twta PnMfH

j" J| SiirlMCe tot Mlfrfny Ni

Surma) AIM Wf ir*j m

Bwfat* HrjhU Oftiy

B

LAND TENURE WITHDRAWALS

OrJtr In tejfidl VWBi*jnntl fipns

"

h, l IMPORTANT NOTICES

LAND TENURE WITHDRAWAL DESCRIPTIONS

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