Nov 17 06 11:49a Mabel Gionet 1-807-826-1110 11'.2

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Fairies Lake Property Wark Assessment Report

RECEIVED NOV 1 7 Z006

GEOSCIENCE ASSESSMENT OFFICE

Gilles Gionet Claim#1214873, G-2857

Thunder Bay Division November 10, 2006

Report prepared by Michael Gionet

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Nov 17 06 11:50a Mabel Gionet 1-807-826-1110

Summary

The Fairies Lake property is located approximately 24 kilometres east of the town

of Manitouwadge. It is accessible by industrial road Camp 70, then Twist road and

finally by access road built by Michael and Gilles Gionet.

We felt that the area warranted further exploration because of the visible copper

seen in previous pits dug. Because ofthe large amount of overburden in this wooded and

semi-swampy area,. extensive beep-matting was done (30hrs) by Mr. Gilles Gionet in

order to detennine possible pit locations. Road construction was also done in order to

access the property with the skidder and backhoe used for trenching.

Six new pits were developed and ready to be shown to potential investors. These

pits uncovered more copper. Samples were taken to the Ministry of North em

Development and Mines office in Thunder Bay but no assay results have been received as

of yet. The site was also visited by head geologist of Freewest Minerals. Samples were

also taken during his visit. We have not seen the results of these assays.

We have conducted this further development in order to ascertain whether zinc or

PGA group metals were located on this site. Also, we wish to attract potential

exploration companies to further develop and explore the area as we feel it is rich in base

minerals with a possible PGA occurrence.

All work on this site was done by recorded holder Gilles Gionet and his son

Michael Gionet this past fall from September 20th to October 20th, 2006.

Please refer to the pit maps attached to the pit cost summaries in order to see in

more detail what mineral formation were discerned in each of the pits. Also included are

maps of the area.

NOV 17 2006 11:44

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RECEIVED NOV 1 7 Z006

GEOSCIENCE ASSESSMENT OFfICE

Nov 17 06 11:50a Mabel Gionet

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PAGE. 06

Nov 17 OS 11:51a Mabel Gionet 1-807-82S-1110 p.7

Fairies Lake Property, claim# 1214873

Thunder Bay Division Cecil Twp, G-2857

Gilles Gionet Cost of Beep;matting Area

Dates worked: Sept 20-24,2006

Km travelled: 3 days (l44km)

Work done: 1 man @$18.00lhr x 30 hours= $540.00

Cost of gas: 60 litres x $1.25/litre=$ 75.00

Total cost of Beep-matting: $615.00

Please refer to Beepmatting map included for details of area done.

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1 807 826 1110 PAGE. 07

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RECE~VED-NUV i 7 "lU06

Nov 17 06 11:52a Mabel Gionet 1-807-826-1110 p.S

Fairies Lake Property, c1aim# 1214873 Thunder Bay Division

Cecil Twp, G-2857

Gilles Gionet

Road Cutting Costs

Dates worked: Sept 25-28th, 2006'

Km travelled: 3 days (144km) Work done: 2 men x $lS.00lhr x30 hours=$lOS0.00 Cost ofSkidder: $65.00/hr x 30 hours=$1950.00 Cost of diesel fuel for skidder120 hues x $0.95/Jitre=$114.00 Cost of gas for truck: 60 litres xSl.25/litre=$75.00 Total Road building costs: $3219.00 Please refer to road building map for further details.

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Nov 17 06 11:52a Mabel Gionet 1-807-826-1110

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NOV 17 2006 11:47 1 807 826 1110 PAGE, 10 -

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GEOSCIENce I\SSESSME.NT OfFice -

Nov 17 06 11:53a Mabel Gionet 1-807-826-1110 f'. 1 1

Fairies Lake Property, claim# 1214873 Thunder Bay Division

Cecil T\vp, G-2857

Gilles Gionet

Claim#1214873-Pit 1 Costs

Dates worked: Sept 29-0ctl, 2006 Km travelled: 2 days (96km) Dig pit wlbackhoe: 8 hours x$65.001hr=520.00 Drilling: 5 holes x 4'deep (20'), 2 men x $ 18.001hr x5hours=$ I 80.00 Blasting time: 2 men x $18.00t1u x 1 hour=$36.00 Dynamite: 20 sticks x $4.00/stick=$80.00 Caps: 5 caps x $5.50/cap=$27.50 Drill bits: 2 bits x $60.00Ibit=$120.00 Air compressor rental: $200.00/day x 2 days=$400.00 Drill rental: $lOO.OO/day x 2 days=$200.00 Diesel fuel for skidder: 80 litres x $0.95/litre=76.00 Gas for air compressor: 40 litres x $1.25/litre=$50.00 Gas for truck: 40 litres x $ 1. 25/litre=$50.00 Total cost for pit 1: $1739.50 Please refer to attached pit map for details

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Nov 17 06 11:53a Mabel Gionet 1-807-826-1110 p. 12

Fairies Lake Property, claim# 1214873 Thunder Bay Division

Cecil Twp, G-2857

Gilles Gionet Claim#1214873-Pit 2

Dates worked: Oct 2-4 th, 2006 km travelled: 2 days (96lcm) Dig pjt wlbackhoe: 7 hours x $65. OOIhr=$4S5. 00 Drilling: 4 holes x 4'deep (16'),2 men x$lS.DOIhr x 4hours=$144.00 Blasting time: 2 men x $18.00/hr xl hr=$36.00 Dynamite: 16 sticks x$4.00/stick =$64.00 Caps: 4 caps x $5.50/cap=$22.00 Drill bits: 2 bits x $60.00lbit=$120.00 Air compressor rental: S200.00/day x 2 days=S400.00 Drill rental: $lOO/day x 2 days=$200.00 Diesel for skidder: ,80 litres x O.95/litre=$76.00 Gas for compressor: 40 Jitres x $1.25I1itre=$50.00 Gas for truck: 40 litres x $1.25/litre=$50.00 Total cost of pit 2: $1617.00 refer to attached pit map #2 for further details.

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Nov 17 06 11:54a Mabel Gionet 1-807-826-1110 p. 13

Fairies Lake Property, claim# 1214873 Thunder Bay Division

Cecil Twp, G~2857

Gilles Gionet Claim #1214873-Pit 3

Dates worked: OctS-7,2006 Ian travelled: 2 days (96km) Drill pit wlbackhoe: 9 hours x $65.00Ihour=$585.00 Drilling: 6 holes x 4'deep (24'), 2 men x $18.00Ihrx6hrs=$216.00 Blasting time: 2 men x S18. OOIhr x 1 hour=S36.00 Dynamite: 24 sticks x $4.00/stick=$96.00 Caps: 6 caps x $S.50/cap=S33.00 Drill bits: 3 bits x $60.00Ibit=$180.00 Air compressor rental: $200.00/day x 2 days=$400.00 Drill rental: $lOO.OO/day x 2 days=$200.00 Diesel for skidder: 100 litres x $0.95/litre=$9S.00 Gas for compressor: 60 litres x $1.25Ilitre=$75.00 Gas for truck: 40 litres x $1.25/ litre=$50.00 Total cost of developing pit 3: $1966.00 please refer to attached pit #3 map for further details .

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Nov 17 06 11:54a Mabel Gionet 1-807-826-1110 p.14

Fairies Lake Property, c1aim# 1214873 Thunder Bay Division

Cecil Twp, G-2857

Gilles' Gionet

Claim#1214873-Pit 4

Dates worked: Oct 8-11, 2006 Km travelled: 3 days (l44km) Dig pit wlbackhoe: 12 hours x $65.001hr=$780.00 Drilling: 8 holes x 6'deep (48'), 2men x $18.001hr x 10 hrs=$360.00 Blasting time: 2 men x $18.00 hour x 2 hours=$72.00 Dynamite: 48 sticks x $4.00/stick=$192.00 Caps: 8 caps x $5.50/cap=$44.00 Drill bits: 4 bits x S65.00Ibit=$240.00 Air compressor rental: $200.00/day x 3 days=$600.00 Drill rental: $IOO.OO/day x 3 days=$300.00 Diesel for skidder: 150 titres x 0.95/litre=$142.50 Gas for compressor 95litres x $1.25/litre=$118. 75 Gas for truck: 60 litres x $1.25Ilitre=$75.00 Total cost of developing pit 4: S2924.25 For further details please refer to pit map 4 attached.

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Nov 17 06 11:55a Mabel Gionet 1-807-826-1110 f'. 15

Fairies Lake Property, claim# 1214873 Thunder Bay Division

Cecil Twp, G-2857

Gilles Gionet Claim#1214873-Pit 5

Dates worked: Oct 12-16, 2006 Km travelled: 4 days (192km) Dig pit wlbackhoe: 22 hours x S65.00/hr=$1430.00 Drilling: 12 holes x 8' (96'),2 men x $18.00Ihr x 14 hrs=$504.00 Blasting time: 2 men x S18.00/hr x 3 hours=$108.00 Dynamite: 96 sticks x $4.00/stick=$384.00 Caps: 12 caps x $5.50/cap=$66.00 Drill bits: 6 bits x $60.00Ibit=S360.00 Air compressor rental: $200.001 day x 4 days=$800.00 Drill rental $lOO.OO/day x 4 days=$400.00 Diesel for skidder: 200 litres x $0.95/litre=$190.00 Gas for compressor: 130 litres x $ 1. 25Ilitre=$ 162.50 Gas for truck: 80 litres x $ 1. 25I1itre=$ 100.00 Total cost of developing pit 5: $4504.50 Please refer to attached pit 5 map for further details.

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Nov 17 06 11:55a Mabel Gionet 1-807-826-1110

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Fairies Lake Property, c1aim# 1214873 Thunder Bay Division Gilles Gionet

Claim #1214873-Pit 6

Dates worked: Oct 17-20, 2006 Km travelled: 3 days (144km) Dig pit wlbackhoe: 19 hours x $65.00/hr-$1235.00

CecH Twp, G-2857

Drilling: ]0 holes x 6'deep (60'), 2 men x$18.00Ihr x lOhrs=$360.00 Blasting time: 2 men x $18.00lhr x 3 hrs=$108.00 Dynamite: 60 sticks x $4.00/stick=$240.00 Caps: 10 caps x S5.50/cap=$55.00 Drill bits: 3 bits x $60.00Ibit=$180.00 Air compressor rental: $200.00/day x 3 days=$600.00 Drill rental: $lOO.OO/day x 3 days=S300.00 Diesel for skidder: 120 litres x O.95ilitre=$114.00 Gas for compressor: 110litres x $ 1. 25Ilitre=$ 137.50 Gas for truck: 60 htres x $1.25/]itre=$75.00 Total cost of developing Pit 6: $3404.50 Please refer to attached pit map 6 for further details.

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