QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill...

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Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 1 QUEENSTON MINING INC. LEBEL GOLD PROJECT Diamond Drill Report- BG11-128, BG11-139 March 2012 Submitted to: Queenston Mining Inc. Suite 201 – 133 Richmond St. W. Toronto, ON M5H 2L3 Submitted by: Michael W. Sutton, P.Geo 0594 Box 534 Kirkland Lake, ON P2N 3J5

Transcript of QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill...

Page 1: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 1

QUEENSTON MINING INC.

LEBEL GOLD PROJECT

Diamond Drill Report- BG11-128, BG11-139

March 2012

Submitted to: Queenston Mining Inc. Suite 201 – 133 Richmond St. W. Toronto, ON M5H 2L3 Submitted by: Michael W. Sutton, P.Geo 0594

Box 534 Kirkland Lake, ON P2N 3J5

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TABLE OF CONTENTS

1.0 EXECUTIVE SUMMARY ...................................................................................................... 4

2.0 INTRODUCTION.................................................................................................................. 5

2.1 GLOSSARY AND ABBREVIATIONS ................................................................................ 5

3.0 PROPERTY LOCATION, DESCRIPTION AND LAND TENURE .......................................... 7

3.1 LEBEL PROPERTY LOCATION ....................................................................................... 7

3.2 LEBEL PROPERTY DESCRIPTION ................................................................................. 7

3.2 LAND TENURE ...............................................................................................................10

4.0 ACCESSIBILITY, CLIMATE, INFRASTRUCTURE AND TERRAIN .....................................14

4.1 ACCESS..........................................................................................................................14

4.2 CLIMATE .........................................................................................................................14

4.4 TERRAIN .........................................................................................................................15

5.0 HISTORY AND PREVIOUS EXPLORATION ......................................................................15

5.1 EARLY REGIONAL HISTORY .........................................................................................15

5.2 PROPERTY HISTORY ....................................................................................................15

6.0 REGIONAL AND PROPERTY GEOLOGY ..........................................................................25

6.1 REGIONAL GEOLOGY ...................................................................................................25

6.2 PROPERTY GEOLOGY ..................................................................................................27

7.0 DIAMOND DRILL PROGRAM-HOLES BG11-128, BG11-139 ............................................32

8.0 SAMPLING METHOD AND APPROACH ............................................................................34

8.1 GENERAL PROTOCOL ..................................................................................................34

8.2 SAMPLE HANDLING, PREPARATION, ANALYSIS AND SECURITY .............................34

9.0 OBSERVATIONS AND HIGHLIGHTS ................................................................................43

9.1 BIDGOOD SOUTH ZONE BG11-128 + BG11-139 HIGHLIGHT ASSAY INTERVALS ....44

10.0 CONCLUSIONS AND RECOMMENDATIONS .................................................................47

REFERENCES .........................................................................................................................48

STATEMENT OF QUALIFICATIONS - SUTTON ......................................................................50

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Appendix I Drill Logs (+QA/QC), Log Abbreviations.

Appendix II Cross section, Plan, Longitudinal Section

Appendix III Assay Certificates,

LIST OF MAPS/TABLES PLAN GENERAL ONTARIO LOCATION/RELIEF FIGURE #1 PLAN PROPERTIES KIRKLAND LAKE AREA –LEBEL LOCATION FIGURE #2 PLAN LEBEL CLAIMS FIGURE #3 CLIMATE TREND DATA FIGURE #4 PLAN LEBEL PROPERTY OVER AERIAL PHOTO FIGURE #5 PLAN QUEENSTON PROPERTIES-REGIONAL GEOLOGY FIGURE #6 PLAN LEBEL PROPERTY- LOCAL GEOLOGY FIGURE #7 QA/QC- BLANKS FIGURE #8 QA/QC-FIELD STANDARDS SI54 FIGURE #9 QA/QC-FIELD STANDARDS OXL93 FIGURE #10 QA/QC-1/2 CORE VS ¼ CORE FIGURE #11 QA/QC-SWASTIKA REFEREE ON POLYMET PULPS FIGURE #12 QA/QC- SWASTIKA REFEREE ON POLYMET REJECTS FIGURE #13 PLAN LEBEL PROPERTY-GENERAL LOCATIONS MINERALIZED ZONES FIGURE #14 PLAN BIDGOOD SOUTH ZONE- RESOURCE VS BG11-128,139 FIGURE #15 LEBEL PATENTED CLAIM DETAILS TABLE #1 LEBEL UNPATENTED CLAIM DETAILS TABLE #2 LEBEL LEASED CLAIM DETAILS TABLE #3 BG11-128 + BG11-139 HIGHLIGHT ASSAY INTERVALS TABLE #4

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1.0 EXECUTIVE SUMMARY

This report considers two drill holes undertaken by Queenston Mining Inc., from May 24, 2011 to June 24, 2011 on the Lebel Bidgood property. The property is comprised of 25 patented claims for both mining and surface rights, 6 patented claims with mining rights, 3 licences of occupation with mining rights only, 3 leases with mining and surface rights (with 1 lease unit having mining rights only) and 20 unpatented claims (24 units) that together cover an area of approximately 1,182 ha. Queenston owns 100% interest in the Bidgood Property and all claims are in good standing. The Bidgood Property was acquired in April, 2010 when Queenston merged with Vault Minerals Inc.

Between 1910 and 2003, in excess of 40 million ounces of gold have been produced from 30 mines in the Kirkland Lake Mining District. The Bidgood Mine historically produced 165,000 oz. of gold from 1934-51 at a recovered grade of 9.2 g/t Au.

The dominant geological feature of the Lebel Property is the Bidgood break which occurs as a 100 m to 300 m wide package of highly sheared and deformed rocks, dipping from between 50ºNW to vertical. The Bidgood gold zones are located in quartz-carbonate veins and pyritic altered diorite, quartz-feldspar porphyry and syenite. The North Zone, near the Bidgood mine area, features narrow, high-grade gold mineralization within multiple structures. The South Zone, near the Moffat Hall shaft area features near surface, wide, low grade mineralization.

The 2010-11 Queenston drill program comprised a total of 114 holes over 14,402 m. The main objective of the program was to test the narrow, high-grade gold mineralization within multiple structures at the North Zone near the Bidgood mine area and near surface, wide, low grade mineralization at both the South Zone near the Moffat Hall shaft area and the Boundary Zone located in the eastern portion of the property.

Based on the results of the drill program and 23 historic holes (3,632 m) drilled by previous operators, P&E Mining Consultants Inc. prepared an initial Mineral Resources Estimate to NI 43-101 standards of low grade open pittable mineralization contained in the Boundary and South Zones.

Two holes, BG11-128, and BG11-139, are covered by this report (see Queenston press release Oct.17, 2011). They are located below the resource for the South Zone. Hole BG11-139 intersected 5.22 g/t Au over 11.75 m (including 34.97 g/t Au over 0.90 m) on what appears to be the down plunge of the resource, at 175 m below previous hole BG10-08 that assayed 1.0 g/t Au over 20.2m and 9.7 g/t Au over 0.8 m.

A new zone, some 95 metres south of the South Zone, was intersected by every hole drilled from the hole BG11-139 drill set-up, with intersections returned that includes 1.59 g/t Au over 22.0 m (including 10.20 g/t Au over 1.0 m, 6.93 g/t Au over 1.0 m, and 5.14 g/t Au over 0.6 m) in hole BG11-127, 2.63 g/t Au over 7.75 m and 2.4 g/t Au over 8.3 m (including 10.30 g/t Au over 1.1 m) in hole BG11‐128, and 7.71 g/t Au over 1.0 m in hole BG11‐126. This new zone remains

open along strike and to depth.

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2.0 INTRODUCTION

2.1 GLOSSARY AND ABBREVIATIONS “>”, “<” greater than, less than “AAS” Atomic Absorption Spectroscopy “AA” is an acronym for Atomic Absorption, a technique used to measure metal

content subsequent to fire assay “asl” above sea level “ASD” Analytical Spectral Devices Inc. Fieldspec Pro “Au” gold “C” degrees Celsius “cm” centimetres “E” east “el” elevation level “ft.” foot or feet “g/t Au” grams per tonne gold “Goldaur” Goldaur Resources Inc. “Goldcorp” Goldcorp Canada Ltd. “ha” Hectare “KLEGP” the Kirkland Lake East Gold Project “KLGC” the Kirkland Lake Gold Camp “KLMB” the Kirkland Lake Main Break “km” kilometre “LLB” Larder Lake Break “LLDZ” Larder Lake Deformation Zone “m” metre(s) “M” million(s) “Ma” millions of years “mm” millimetre(s) “MNDM” Ontario Ministry of North Development and Mines “M&SR” mineral and surface rights “MR” mineral rights only “N” north “NE” northeast “NI” National Instrument “NTS” National Topographic System “NW” northwest “NSR” an acronym for net smelter return, which means the amount actually paid to

the mine or mill owner from the sale of ore, minerals and other materials or concentrates mined and removed from mineral properties, after deducting certain expenditures as defined in the underlying smelting agreements

“OGS” Ontario Geological Survey “oz/T” troy ounces per short ton “Placer” Placer Dome (CLA) Ltd. “Polymet” Polymet Resources Inc., in Cobalt Ontario “Property” the Lebel Property “ppb” parts per billion “ppm” parts per million “Queenston” Queenston Mining Inc. “S” south “SE” southeast

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“SW” southwest “Swastika Lab” Swastika Laboratories Ltd., in Swastika, Ontario “t” tonnes (metric measurement) “TN” True North “tpd” tonnes per day “UTM” Universal Transverse Mercator “Vault” Vault Minerals Inc. “W” west

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3.0 PROPERTY LOCATION, DESCRIPTION AND LAND TENURE

3.1 LEBEL PROPERTY LOCATION The Property is located in the south central region of Lebel Township, District of Timiskaming, in the eastern part of Northern Ontario, Canada. The geographic centre of the Lebel Property is approximately 48º 09’ 47” North Latitude and 79º 54’ 49” West Longitude. King Kirkland is located at the western property limit and Kirkland Lake, a historical gold mining town with an approximate population of 10,000, is located approximately 6 km to the west. The Property is approximately 500 km north of Toronto, 200 km north-northeast of Sudbury and 120 km southeast of Timmins.

3.2 LEBEL PROPERTY DESCRIPTION The Lebel Property comprises of 31 patented claims with mining and/or surface rights, 3 licences of occupation mining rights only, 3 leases with mining and/or surface rights and 21 unpatented claims that together cover an area of approximately 1,198 ha. Queenston owns 100% interest in the Lebel Property and all the patented claims are in good standing in perpetuity subject to annual Ontario Provincial mining taxes and surface municipal property taxes. Most of the unpatented claims are in good standing until 2015. Queenston has sufficient banked assessment credits to maintain its unpatented mining claims in good standing for many years. The Ontario crown and private interests own the unpatented claims’ surface rights. The boundaries of individual claims can be identified in the field by locating claim posts. The claim boundaries have not been surveyed. There are no current title defects affecting any of the Lebel Property mineral claims. Some of the Lebel claims are subject to Net Smelter Return royalties ranging up to 2%. The Lebel Property forms part of Queenston’s Kirkland Lake East Gold Project or KLEGP and is contiguous with two other Queenston properties; the Pawnee property to the south-west and the Commodore/Morris Kirkland Newstrike Resources Ltd – Queenston joint venture property to the south east. In March of 2010, Queenston announced an amalgamation of 2236019 Ontario Inc., a wholly owned subsidiary of Queenston, with Vault. The newly amalgamated company continued operating under the name Vault Minerals Inc. as a wholly-owned subsidiary of Queenston.

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FIGURE #1

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FIGURE #2

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3.2 LAND TENURE

LEBEL PATENTED CLAIM DETAILS

Claim Block No.#

No. Of Units

Area (ha) Claim Type

Tenure Rights Royalty Due Date

LS6 1 11.89 Patented M&SR 1.2% NSR Annual tax

LS221 1 11.29 Patented M&SR 1.2% NSR Annual tax

LS272 1 17.11 Patented MR None Annual tax

L2327 1 22.86 Patented MR None Annual tax

L3094 1 13.55 Patented M&SR 1.2% NSR Annual tax

L3095 1 12.34 Patented M&SR 1.2% NSR Annual tax

L3250 1 15.78 Patented M&SR 2% NSR Annual tax

L6781 1 12.14 Patented M&SR 1.2% NSR Annual tax

L6796 1 11.41 Patented M&SR 1.2% NSR Annual tax

L6872 1 16.59 Patented MR 2% NSR Annual tax

L6872/PT6872 1 9.31 License of occupation

MR 2% NSR Annual tax

L6873 1 24.96 Patented MR 2% NSR Annual tax

L6874 1 14.44 Patented MR 2% NSR Annual tax

L6874/L14678 1 5.05 License of occupation

MR 2% NSR Annual tax

L7407 1 14.89 Patented M&SR 1.2% NSR Annual tax

L7592 1 10.06 Patented M&SR 1.2% NSR Annual tax

L7593 1 12.90 Patented M&SR 1.2% NSR Annual tax

L7760 1 12.06 Patented M&SR 1.2% NSR Annual tax

L7761 1 16.59 Patented M&SR 1.2% NSR Annual tax

L7762 1 8.417 Patented M&SR 1.2% NSR Annual tax

L7763 1 16.43 Patented M&SR 1.2% NSR Annual tax

L7764 1 15.09 Patented M&SR 1.2% NSR Annual tax

L7845/L7848 1 10.31 License of occupation

MR 2% NSR Annual tax

L7847/L7846 1 19.78 Patented MR 2% NSR Annual tax

L7848 1 7.72 Patented MR 2% NSR Annual tax

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L8005 1 12.58 Patented M&SR 1.2% NSR Annual tax

L8006 1 3.39 Patented M&SR 1.2% NSR Annual tax

L8027 1 26.50 Patented M&SR 1.2% NSR Annual tax

L8086 1 14.32 Patented M&SR 1.2% NSR Annual tax

L8935 1 14.44 Patented M&SR 1.2% NSR Annual tax

L9031 1 6.23 Patented M&SR 1.2% NSR Annual tax

L9882 1 11.21 Patented M&SR 1.2% NSR Annual tax

L9886 1 13.43 Patented M&SR 1.2% NSR Annual tax

L9891 1 17.68 Patented M&SR 1.2% NSR Annual tax

Total 34 462.9

TABLE#1

Lebel Unpatented Claim Details

Claim Block No.#

No. Of Units

Area (ha)

Assessment Due Before Royalty Registered Claim Owner

1211849 1 16 04/06/2015 1.5% NSR Queenston

1219943 1 16 29/6/2015 1.5% NSR Queenston

1220018 1 16 29/10/2015 1.5% NSR Queenston

1220019 2 32 17/10/2015 1.5% NSR Queenston

1220179 1 16 27/1/2015 1.5% NSR Queenston

1220180 2 32 27/1/2015 1.5% NSR Queenston

1221653 1 16 12/02/2015 1.5% NSR Queenston

1221662 1 16 05/01/2015 Queenston

1222232 1 16 21/7/2015 1.5% NSR Queenston

1222233 1 16 21/7/2015 1.5% NSR Queenston

1225271 1 16 25/10/2015 1.5% NSR Queenston

1225284 1 16 23/6/2015 1.5% NSR Queenston

1225285 1 16 23/6/2015 1.5% NSR Queenston

1226845 1 16 14/5/2015 1.5% NSR Queenston

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1226949 2 32 23/6/2015 1.5% NSR Queenston

1227041 1 16 13/7/2015 1.5% NSR Queenston

1239090 1 16 12/10/2015 1.5% NSR Queenston

4202031 1 16 17/3/2015 None Queenston

4225629 2 32 02/06/2015 None Queenston

4246816 1 16 06/03/2016 None Queenston

4263097 1 16 03/06/2013 None Queenston

Total 25 400

TABLE#2

LEBEL LEASED CLAIM DETAILS

Claim Block No.# No. Of Units

Area (ha) Tenure Rights Royalty Due Date

108424/CLM327 10 177.56 M&SR 2% NSR Annual tax

108389/L72404 1 18.25 M&SR 2% NSR Annual tax

107430/242832etal 8 139.43 M&SR 2% NSR Annual tax

107430/242759 0 0 M&SR 2% NSR Annual tax

107430/242779 0 0 M&SR 2% NSR Annual tax

107430/242780 0 0 M&SR 2% NSR Annual tax

107430/242833 0 0 M&SR 2% NSR Annual tax

107430/242844 0 0 M&SR 2% NSR Annual tax

107430/401569 0 0 MR 2% NSR Annual tax

107430/401570 0 0 M&SR 2% NSR Annual tax

Total 19 335.24

TABLE#3

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FIGURE #3

LEBEL GAUTHIER TWP

4202031

L8935

L6872

225271 L7764 L3094 L9SR 4247792

4246816 122165 1220019

a CLM327 1220018

L401570 L401569

1km

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4.0 ACCESSIBILITY, CLIMATE, INFRASTRUCTURE AND TERRAIN

4.1 ACCESS The property can be accessed travelling east from Kirkland Lake on paved Highway 66, which transects the property for approximately 2 km. Secondary and tertiary gravel roads, such as Bidgood, McTavish and Crystal Lake roads accessed from Highway 66 and historic trails, allow access to most locations on the property (see Figure 4.3). The historical road connecting Larder Lake to Kirkland Lake, known as the Larder Lake Road or Government Road, is now a mine-run trail crossing the property from the intersection point of the other roads due east. The property can be operated on a year-round basis.

4.2 CLIMATE The climate in the region of the properties is that of a moderate northern temperate zone. Temperatures range from +30oC during the summer season and -40oC during the winter. Yearly precipitation averages are in the vicinity of 60 cm of rain and 250 cm of snow. The ground is generally snow covered from mid-November to mid-April.

The climate information presented in Figure 5.2 was taken from the weather station in Earlton, Ontario, located approximately 35 km south of the Lebel Property.

Climate trend data - Earlton, Ontario

(Source: www.climate-charts.com)

FIGURE #4

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4.3 INFRASTRUCTURE

The Property is transected by Bidgood, McTavish and Crystal Lake roads which are, for the most part, maintained year-round and support vehicular travel. Other small trails can be traveled by ATV, snowmobiles or by foot. Telephone and high voltage power lines also transect the Property and nearby, the town of Kirkland Lake is also linked to the Ontario Power grid. An Ontario Northland Railway line also transects the south-western part of the Property and shipping facilities by rail are available at Kirkland Lake.

4.4 TERRAIN Property elevation is generally 315m (McTavish Lake, south shoreline) to higher plateaus of 348m asl. Overburden cover is predominantly a veneer of glacial till typically ranging from 2 to 10 m thick with some areas of coarse grained, poorly sorted glaciolacustrine, organic swamp and the Bidgood mine tailings. The mine tailings range from 2 to 5m in depth. There is approximately 5 to 20% outcrop exposure on the Property.

5.0 HISTORY AND PREVIOUS EXPLORATION

5.1 EARLY REGIONAL HISTORY The Kirkland Lake area has a long history of exploration and gold mining dating back to the turn of the 20th Century. Gold was first discovered in the region in 1906, specifically in the Swastika and Larder Lake areas. Production from the Gateford Mine and Swastika Mine began in 1910. Between 1910 and 2003, in excess of 40 million ounces of gold have been produced from 30 mines in the Kirkland Lake Mining District.

In 1911, W.H. Wright discovered gold near the northern end of Kirkland Lake. This led to other discoveries and culminated in the development of seven mines along the Kirkland Lake Main Break between 1912 and 1933; namely the Macassa, Kirkland Minerals, Teck-Hughes, Lakeshore, Wright-Hargreaves, Sylvanite and Toburn Mines.

5.2 PROPERTY HISTORY The Lebel Gold Project represents of consolidation of eight mineral exploration properties that, until the late 1990’s, were developed and explored by various companies and individuals. These properties include the Bidgood (including Bidgood #1 and #2 Mines), Moffat-Hall, Cambro (The Bouzan), Lebel Oro, King Kirkland, Kirkroyale (Kirk Conroyal), Lakeside Kirkland (Queen Lebel) and Gordon Lebel. In the late 1990’s Goldaur Resources Inc. and later, Vault Minerals Inc. consolidated these individual properties into what is now known as the Lebel Gold Property. The Property consists of nine shafts, one past-producing mine (Bidgood #2), numerous surface showings and more importantly, a greater than 4 kilometer, linear, major structural system(s) that may be related to the Kirkland Lake Main Break.

A brief historical summary of these major sub-properties are provided.

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FIGURE #5

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Bidgood #2 Mine

Development of the Bidgood #2 shaft commenced in 1928 following the discovery of free gold and telluride mineralization approximately 61 m west of the shaft. The shaft was developed to 150 m prior to suspending operations in 1931. Development and production operations resumed in 1933 with production coming from fourteen levels between 1934-49, and 1951 (Savage, 1964). A total of 16 levels were developed on 9 main vein sets to a depth of approximately 617 m, from the #2 shaft and from two winzes. A total of approximately 160,000 oz Au and 72,468 oz Ag were produced from 586,367 tons of ore at a recovered grade of 0.26 oz/t or 8.9 g/t Au (Parsons, 1980). Lytton Minerals optioned the property in 1987 and completed tailings sampling and 13 drill holes north and west of the shaft (Lytton Minerals, 1987). A letter recommending additional trenching in 1988 may have been part of this activity (Parsons, 1988). Vault completed an Induced Polarization survey over the property in 2004 that extended south over Moffat-Hall and southwest over Bidgood #1 mine (Walker, 2004).

Moffat-Hall Mine

The Moffat Hall property, current lease CLM327, was originally staked in 1917 and 1918. A 2-compartment shaft was developed to 167 m (550 ft.) in 1931-32. Approximately 853 m (2,800 ft.) of lateral workings were put in at the 150, 300, 425 and 550 foot levels. The mine closed in 1932. Between 1934 and -35, Bidgood Kirkland Gold Mines leased the Moffat-Hall and mined ore via a raise from Bidgood’s 500 foot (152 m) level to Moffat Hall's 425 foot (129 m) level. Records show that 16,388 tons at a recovered grade of 0.29 oz/ton Au were extracted. Garfield “Red” Parsons, a key geologist who worked at the Bidgood mine, wrote a report on vein-ore control interpretation as well as mine lithologies and fault structures for both Bidgood and Moffat-Hall. This information is all that remains on record for the underground work. No underground drillhole information is available other than drill strings, underground level plan development and some colour geology available. The drill logs were apparently destroyed.

In 1954 Upper Canada Mines Limited completed trenching and drilled 12 holes on the Lebel Property. In 1967, Consolidated Virginia Mining Corporation carried out line cutting and re-sampled old trenches, followed by a 6 diamond drill hole program. The Moffat Hall property was staked by Mr. O'Connor in 1979 and optioned by the ENR Partnership which was absorbed by Silver Lake Resources Inc. Work done by Silver Lake included line cutting, magnetic, VLF-EM, IP surveys and diamond drilling of 43 holes near the Moffat Hall Mine, Blue Vein and Bidgood Break in 1981. In the late 1980’s the property was explored by International Platinum. Later, Goldaur completed a trenching program and 9 diamond drill holes on a variety of targets.

Historical (non 43-101 compliant) high-grade drill intersections and surface channel samples (by Red Parsons) had returned: 124.8 g/t Au over 0.2 m, and 14.1 g/t Au over 1.0 m, while those representing open-pit potential include: 1.0 g/t Au over 36.5 m, 3.3 g/t Au over 10.2 m, and 1.4 g/t Au over 21.3 m.

Earlier drilling by Vault Minerals in 2003 returned 18.8 g/t Au over 0.93 m, 8.8 g/t Au over 1.15 m, and 30.6 g/t Au over 1.3 m, following up on a surface channel sample of 95.1 g/t Au over 2.7 m from the 85-1 (Blue Vein) Zone.

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Bidgood #1 Mine

The Bidgood #1 mine was developed on the No. 9 vein, a quartz vein with variable disseminated pyrite, chalcopyrite, malachite, and telluride content. Several associated zones were delineated along a major feldspar porphyry and trachyte contact and grade was reported to be sporadic.

Bidgood Kirkland Gold Mines was incorporated in 1919 to develop the Bidgood #1 mine near Mud Lake and restructuring in 1923 resulted in property expansion and the development of the Bidgood #2 mine in 1928. Between 1919 and 1923, the Bidgood #1 shaft had been sunk to 180 m and 3 levels were opened up to test the No. 9 vein and the “blue vein” (Todd, 1928). The mine was dewatered in 1927 and exploration was carried out for 2 years. Operations were suspended in 1931 as resources apparently were transferred to the Bidgood #2 shaft.

King Kirkland Mine

King Kirkland Gold Mines was incorporated in 1920 following the discovery of a gold bearing vein by R. Montgomery in 1918 (Lovell, 1976). An inclined shaft was sunk on the No. 5 vein and a series of new veins were exposed on two levels from 1919 to 1921, primarily beneath King Lake. Tonopah Mining Company Limited completed additional drifting on the lower level in 1923. King Kirkland Gold Mines was reorganized into KirkKing Gold Mines Limited and the mine was dewatered, sampled and drilled in 1936.

Underground sampling of the 400 ft (122 m) level beneath King Lake delineated 1.0 g/t Au over 36.6 m and high grade zones were also delineated by drilling, including DD#5 from the 400 ft. level reported 10 g/t Au over 2.4 m (0.292 oz/ton Au over 8 feet, 4 feet true width) and DD #11, collared from the same location but with a 100 steeper dip intersected 10.3 g/t Au over 0.6 m (0.30 oz/ton over a core length of 2.0 ft), (Savage, 1964, ref. Craig, 1921 and Gillanders, 1937). Minor trenching and a single drill hole were completed in the 1970’s with no reported results. In 1980 the Canadian Nickel Company Ltd. completed ground geophysics and two diamond drill holes near the King Kirkland prospect (Bennet, 1979).

A series of small programs were completed between 1982-94 by several junior companies and private entities. Surface geophysics, stripping, and two diamond drill holes extended the wide, low grade zone northeast of King Lake (K82-2 -1.2 g/t Au over 15.0 m) and higher grade mineralization defined in trenches at surface indicates the higher grade vein arrays may also extend along strike. A new showing, the Cliff Showing, was delineated to the east near the highway and several high grade values ranging up to 13.7 g/t Au over 0.91 m, (0.40 oz/t Au over 3.0 ft) were reported from surface sampling but two diamond drill holes failed to intersect mineralization at depth (Leahy, 1998).

Lebel-Oro Mine

The Lebel-Oro Mine consists of an inclined shaft sunk to 18 m in 1920 then deepened in 1923 to 61 m and opened up on two levels. The mine was dewatered in 1927 followed by 274 m of drifting and 137 m of crosscutting. Nipissing Mining Company optioned the property and completed 3 underground and 3 surface drill holes in 1928. Underground sampling obtained values ranging up to 50.7 g/t Au (1.48 oz/t Au) over 0.23 m (Lovell, 1976, ref. Todd, 1928). The shaft was dewatered a second time in 1936 and several underground and surface diamond drill holes were completed.

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Geo-Technical Development completed surface mapping, geophysical surveys, and 8 diamond drill holes in 1948 (Leahy, 1998). New mineralization was intersected in the #3 hole 20.5 g/t Au over 0.43 m (0.60 oz/ton Au over 1.4 feet) and in the #4 hole 6 g/t Au over 0.39 m (0.18 oz/ton Au over 1.3 feet). Two additional sub-parallel zones were delineated immediately north of Lebel-Oro in 1984. A new vein located approximately 91 m (300 ft.) southwest of the Road Cut showing was trenched and sampled and values up to 30.6 g/t Au (0.90 oz/t Au) were reported from grab samples, (Parsons, 1984).

The Road Cut showing, a 20 m wide strongly altered, 050 azimuth trending deformation zone exposed on both sides of Highway 66, was sampled and drill tested. Outcrop and drill sampling failed to obtain high grade values of the road exposures. Sampling of highway fill float reported values ranging up to 10.3 g/t Au (0.30 oz/t Au) but was not sourced.

Kirk Royale Mine

The Kirk Royale shaft was sunk in 1924 and deepened the shaft to 140 m by a reorganized company in 1926. Additional work in 1928 included further deepening the workings via a winze to 340 m and development on two levels. Kirk Royale dewatered the mine in 1937 and completed additional sampling and diamond drilling. Additional drilling was completed in 1950 (1 ddh), and from 1959-63 by G. E. Harrison (10 ddh). T. Martin completed an additional 3 holes from 1971-72 (Lovell, 1976). No economic grades were reported from this activity.

The mine was dewatered, mapped and sampled by A.C.A. Howe International Limited in 1987 on behalf of Canadian Gold and Colray (Reukl, 1987). The work identified significant deformation and alteration along a major intrusive-volcanic contact with a minimum strike length of 76 m. Sampling obtained values ranging up to 5.47 g/t over 0.91m and larger lower grade zones ranging up to 1.83 g/t Au over 7.9 m.

Lakeside-Kirkland Mine

The Lakeside-Kirkland mine was originally developed by Queen Lebel Gold Mines Limited in 1921 who developed a 60 m shaft (No. 1 Shaft) on a quartz carbonate vein in claim L 2924. The Property was optioned to Anglo-Canadian Syndicate in 1923 and the shaft was deepened to 98 m, 180 m of development, and underground drilling.

In 1936 a second shaft was sunk west of the first and in 1938 it was deepened to 175 m and over 70 m of development was completed on two levels. Summary reports do not report grade data, but indicate development of quartz-carbonate veins with disseminated molybdenite, pyrite, galena, sphalerite, and galena, which is typically associated with alkalic-type gold mineralization.

In 1941, the No. 1 shaft was dewatered, sampled, and drilled by Mining Research Corporation. At least 4 vein bearing zones were defined and underground drill values ranging up to 154.26 g/t Au (4.5 oz/t Au) over 1.5 m were reported (Mineral Research Corporation Limited, 1941). Single drill holes were completed in 1955 and 1962 by C. L. Bolland.

Cambro Shaft

Ontario Geological Survey map 53a (MacLean’s) indicates the location of a shaft and a single drill hole extending south to the north shore of Mud Lake. This indicates that the development work was completed prior to his fieldwork in 1936. The shaft is located in a group of claims referred to by Lovell (1976) that originally were owned by Cambro Kirkland Mines Limited and that were sold to Bidgood Kirkland Mines Limited in 1929. Presumably the shaft work was

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completed prior to that date as there is no record in the Bidgood Mines data of any work on it. Goldaur completed surface sampling of the waste rock pile in 2000 but did not obtain any significant results (Leahy, 2000).

Gordon Lebel

Only two previous exploration programs were located in government assessment files. Gordon-Lebel Mines Ltd. completed 23 drill holes on the property from 1936-37. The results from the surface drilling that included holes ranging in depth from 201 to 1462 ft were not encouraging. The conclusions suggest there is potential at depth and that mineralization within the Bidgood #2 Mine may extend into the Gordon-Lebel property. An undated report by Savage indicates two drifts on the 2025 ft level (617 m) of the Bidgood #2 mine were extended into the property and “…a small stope was mined out on the Gordon-Lebel property before Bidgood Kirkland Gold Mines closed down in 1949.” A second Ontario Department of Mines report by Savage (Savage, 1964i) indicated “The stope was abandoned when the grade became too low.” Pamorex Minerals Inc. performed surface magnetometer and HLEM surveys followed by limited trenching and one diamond drill hole in 1990-91. The work was completed on CTL West target within in a large land package that extended north and east of the Bidgood #2 Mine property across McTavish Lake. A single trench and drill hole were completed on claim # L-6874. No significant values were obtained and no additional work was completed.

Lebel Gold Property – Consolidated Land Package 1997 to 2009

1997-2000: Goldaur Resources Inc., a private company incorporated in 1997 began to acquire and consolidate property between 1998 to 2000 that would eventually become the Lebel Gold Property. In 2000, five surface trenches were excavated on the 85-1 and Blue Vein Zones on the Moffat-Hall claim and returned gold values up to 95 g/t Au over 2.7m. 2003-2004: In 2003, Goldaur merges with Vault Minerals Inc., a publicly listed company. From November 2003 to January 2004, Vault completes nine NQ drillholes totaling 640 m designed to test the Moffat-Hall 85-1 Zone where 95 g/t Au over 2.7m was returned from surface sampling. All nine drill holes returned anomalous gold mineralization, >1g/t Au. 2005: On May 11, 2005 Vault Minerals Inc. enters into an Option Agreement with Placer Dome (CLA) Ltd. and later Goldcorp Canada Ltd. to explore certain claims on the Lebel Gold Property to earn an interest. In 2005, Placer initiated the first surface exploration program on the consolidated Lebel Gold Property, without the Gordon Lebel, Simpson and some peripheral staked claims. Property scale surface mapping (including detailed structural interpretation), combined whole rock, petrography, ASD analysis, MMI soil and lake sediment sampling programs, as well as preliminary Bidgood Mine zone modeling was undertaken and recommendations for further work provided.

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2006: In the fall of 2006, a property scale drilling program was designed for the Lebel Gold Property consisting of 18 NQ size diamond drill holes (06-LB-001 to -018) totaling 2,786 metres with 1,631 drill core samples taken for Au and multi element ICP analysis. Drilling was completed in the following target areas:

Bidgood #2 Mine, Pipeline North, 85-1 Zone, Porphyry North, Bidgood #1 Mine, King Kirkland Mine

Highlights included 6.9 g/t Au over 1.0 m, 4.4 g/t Au over 2.8 m, 5.2 g/t Au over 1.0 m, and 16.3 g/t Au over 0.5 m. The program was financed by Goldcorp as part of their earn-in considerations in regards to the Vault – Goldcorp Option Agreement. Analytical, descriptive, and modeling results were reviewed, plotted in a variety of formats, and interpreted with conclusions and recommendations offered. Outside of the Goldcorp-Vault Option Agreement, in the summer of 2006 Vault completed a surface mapping, surface line cutting, MMI soil sampling and two trenches on the Gordon Lebel Property. Observations, conclusions and recommendations were provided. 2007: From May 30 to July 11, 2007 a 2,086 metre diamond drill program was completed from four drill holes LB07-19 to -22. The program was financed by Goldcorp and administered by Vault.

The drill program was designed to test for gold mineralization in epithermal splay & step-over veins spatially related to known shear-fault structures, namely the 85-1, Moffat-Hall, Main Bidgood and North Bidgood. Highlights included intersections of 14.1 g/t Au over 1.0 m, 8.3 g/t Au over 2.6 m, and 11.2 g/t Au over 1.0 m from the immediate mine area.

Recommendations for future exploratory work was provided. 2008:

Between January 19 to May 7, a twenty-drill hole program was completed with 5,236 m cored. Drilling was designed to test he Boundary, Discovery, Bidgood West Fault Array, Mud Lake and King Kirkland Zones. Goldcorp financed 3,859 metres of coring and Vault drilled the remainder on its 100% owned Gordon Lebel property situated along the north-eastern strike extent of several gold-bearing structures, including projected structures from the former producing Bidgood #2 gold mine. Vault’s program tested the Boundary Zone, where prospecting identified several strongly-altered, mineralized shear zones, with grades up to 27.9 g/t Au over 0.3 m.

In 2008, drill hole LB08-35 intercepted two broad zones of up to 80% quartz flooding in a porphyry host and that returned 0.52 g/t Au over 17.8 m (456.2 to 474 m) and 0.83 g/t Au over 11.5 m (530 to 541.5 m). Drill hole LB08-36, located 100 m to the northeast of LB08-35, intercepted a shear zone returning 1.47 g/t Au over 3.0 m and may represent a related structural horizon. This shear zone, located under Mud Lake, was targeted due to anomalies delineated by 2005 lake bottom sediment sampling (Placer Dome). It became known as the KQS (Kirkland Quartz Stockwork) Zone. Drill hole LB08-40, located 700 m to the southwest of LB08-35, intersected an 8.7 m breccia zone from 154.5 to 163.2 m having up to 25% pyrite mineralization and returning 0.48 g/t Au over 4.5 m. 2008 drilling also intersected 10.2 grams of gold per tonne

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(g/t Au) over 1.1 m, 6.7 g/t Au over 1.4 m (within a zone grading 2.0 g/t Au over 13.7 m), and 7.3 g/t Au over 2.1 m (including 18.5 g/t Au over 0.6 m) at the Boundary Zone.

From September 8 to December 31, a diamond drill program was completed consisting of eight diamond drill holes (LB08-43 to -48 and extensions of 06-LB-016 and LB08-36) totaling 2,424 metres. The program was designed to test the KQS Zone at Mud Lake as intersected by drill hole LB08-35. -36 during the previous 2008 spring-summer drill campaign. Drill hole LB08-35 intercepted two broad zones with greater than 80% quartz flooding in a porphyry intrusive that returned 0.52 gAu/t over 17.8 m core length (456.2 to 474 m) and 0.83 gAu/t over 11.5 m core length (530 to 541.5 m) with sections of fracture controlled pyrite, malachite and chalcopyrite. The hydrothermal system is analogous to quartz veining as intercepted in drill hole LB07-22 from 358.1 to 397.2m located immediately east of the past-producing Bidgood #2 Mine.

An overburden stripping program consisted of three trenches located west of the Bidgood #2 Mine having an aggregate surface cover removal of approximately 2,000 m3. The program was designed to expose the up-dip extension the quartz stockwork section as intersected in LB07-22.

Significant results of the trenching & drill programs are as follows;

• At Mud Lake, drill holes LB08-35, 36 and 43 have identified a strong silica core (>80% quartz) within the larger QSZ with the following dimensions & grade:

� strike: 510 m � depth: 350 m � width: 17 m (true widths not determined) � gAu/t: 0.46 � gAg/t: 2.2 � %Cu: 0.10

• Surface trench TR08-11 uncovered a narrow fault trending 045 to 052 azimuth with eight grab samples returning an average of 37.9 gAu/t.

July to September 2009: Between July and September, a four-hole drill program was completed through LB09-49 to -52 totaling 1,767 metres. The drill holes were designed to test the area betweeb the King Kirkland Mine and KQS Zone. Highlights from the program include drill hole LB09-49 returning up to 2.19 g/t Au over 5.15 m within a wider interval of 9.4 m grading 1.40 g/t Au, drill hole LB09-50 returning 1.12 g/t Au over 5.1 m and 1.91g/t Au over 2.05 m. Drill hole LB09-51 returned 0.92 g/t Au over 8.6 m on a porphyry-basic syenite contact, 300 m from the nearest drill hole, that intersected 11.2 g/t Au over 0.5 m and 5.3 g/t Au over 0.65 m in the previous drill program. Drill hole LB09-52 returned multiple gold anomalous zones, including 0.29 g/t Au over 49.05 m. On November 17, 2009 Goldcorp allowed to lapse it’s option agreement to acquire an interest in Vault’s Lebel Gold Property with Vault retaining 100% title, right and interest to the Property. In November, Vault conducted surface stripping, mapping and sampling at 85-1, Blue Vein and Boundary Zones.

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December 2009 to April 2010: A diamond drill program, undertaken and financed by Vault, was designed to test the Boundary, Contact, Blue Vein and Bidgood Zones. A total of 67 drill holes were completed for a total of 5,584 m. The Blue Vein and Boundary Vein were tested by drilling programs, with most drill holes designed for approximately 8 to 15 m centres, to assist in defining resources. Earlier trench channel samples returned up to 95.1 g/t Au over 2.7 m from the Blue Vein. The Blue Vein zone located 700 m south of the Bidgood Mine consists of at least 3 sub‐parallel vein systems that

are fault‐controlled. The BV1 occurs along a syenite‐porphyry‐wacke contact, while BV2 is

completely contained within a porphyry body, at 420 metres west of BV1. Historic drilling (2003) includes intersections of 11.8 g/t Au over 2.8 m, 30.6 g/t Au over 1.3 m, 12.3 g/t Au over 1.1 m, and 18.8 g/t Au over 0.9 m to a depth of 100 m. The November 2009 Blue Vein trench channel samples returned 15.6 g/t Au over 1.8 m along 31 m from BV1 and 6.5 g/t Au over 3.1 m along 58 m on BV2, with sampling returned up to 73.0 g/t Au over 1.0 m. In early 2010, 23 shallow holes were drilled, totaling 1767 m, on BV1 and BV2. Hole BV10‐23 on BV1 returned 7.7 g/t Au

over 2.8 m (including 31.6 g/t Au over 0.6m), located 10 m west of previously reported hole BV09‐04 that intersected 27.8 g/t Au over 1.4 m. On the BV2 area, hole BV10‐18 returned 1.0

g/t Au over 32.8 m (including 9.6 g/t Au over 0.95 m) approximately 21 m to 45 m below surface. This intersection is located 90 m from historic (1989) intersection of 12.3 g/t Au over 1.1 m that formed part of a wide anomalous zone where sampling was incomplete. Other Blue vein drilling

results include 14.3 g/t Au over 0.5 m (hole BV10‐13) and 8.4 g/t Au over 0.85 m (hole BV10‐8).

In 2009, surface trenching and chip sampling was undertaken on the Boundary Zone. It returned an average of 5.1 gAu/t across 3.0 m along an 18 m strike length with individual higher grade assays including 42.5 gAu/t over 0.4 m, 41.2 gAu/t over 0.5 m and 16.9 gAu/t over 0.6 m. A total of 32 shallow diamond drill holes (2979 m) targeted the Boundary Zone in late 2009, and into early 2010. The drill program reported 5.3 g/t Au over 5.75 m (within 3.4 g/t Au over 11.35m-hole B09-04) and 15.9 g/t Au over 1.0 m (within 5.5 g/t Au over 3.5m and within 1.7 g/t Au over 14.5 m-hole B09-13B).

At the same time as the Blue vein and Boundary vein were drilled by Vault Minerals, 9 holes totalling 837 metres were also drilled on two other targets, the Contact Zone, located 100 metres south of the Bidgood Mine and the Bidgood West , located 400 metres west of the Bidgood Mine. Results include 13.5 g/t Au over 0.8 m in the West Zone (hole BW10-01), and 2.9 g/t Au over 3.55 m in the Contact Zone (hole BC10-3). In the winter of 2010, Vault performed a deep IP program over Mud Lake to assist in identifying possible mineralized targets at depth on the KQS Zone. In April 2010, Vault amalgamated with Queenston and a diamond drill program started shortly thereafter in May 2010.

Starting in May 2010, a drilling program focused on the Bidgood-Moffat Hall mine complex confirmed and expanded the potential for both high grade and low grade (open pit) mineralization at the Bidgood mine. Historically the mine produced gold from a series of narrow, 0.5 – 2.0 m wide quartz vein zones and the new results beyond the mined areas indicate that the material between the veins is gold bearing and forms a mineralized corridor that measures up to 28 m thick. Drilling intersected both narrow high-grade and wide, low-grade mineralization along two of the 23 known veins.

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130 holes (24,051 m) were completed in the Bidgood mine area (153 holes of 29,758 m from the total Lebel Property) in the period from mid-2010, to October, 2011.

The current mineral resource estimate was prepared by P&E Mining Consultants Inc. (Boundary+Bidgood South Zones) and incorporates 114 surface diamond drill holes (14,402 m) completed during 2010-11 and 23 holes (3,632 m) completed by previous operators prior to the 2010-2011 current and ongoing drill program. The Bidgood South Zones and Boundary Zone that make up the resource were generally drilled at 10-20 m centres. Parts of veins #1, and #2 at Moffat-Hall, the #20 vein and the Main Break at Bidgood were incorporated in the Bidgood South Zone resource.

The initial resource estimate was compiled on 3 of the 23 sub-vertically dipping gold zones that occur at Bidgood. The South Zone resource has been delineated over length of 230 m, to a depth of 100 m and over a width of 30 -40 m. The zones remain open horizontally along strike and vertically to depth, with a plunge to the east. Intersections included 1.9 g/t Au over 59.5 m in hole BG10‐58, 12.15 g/t Au over 11.5 m in hole BG10‐22, 5.0 g/t Au over 21.3 m (including 11.7

g/t Au over 7.2 m) in hole BG10‐10, 4.4 g/t Au over 18.7 m (including 74.6 g/t Au over 0.6 m) in

hole BG10‐15, 1.6 g/t Au over 64.3 m (including 63.5 g/t Au over 0.6 m) in hole BG10‐14, and

7.2 g/t Au over 24.1 m (including 12.8 g/t Au over 12.9 m) in hole BG10‐33.

Other drilling by Queenston in 2011 occurred at the Boundary and at the KQS Zones. 13 holes were drilled at KQS, consisting of 5,125 metres as follow up to previous drilling, and targeting the Bidgood #1 shaft zone. At Boundary, 10 holes were drilled for a total of 1589 metres to expand the resource in all directions and targeting the intersection of the two main structures. Results include 1.0 g/t Au over 14.35m (BZ11-39), 1.4 g/t Au over 20.0 m (BZ11-41), and 4.3 g/t Au over 7.5 m (including 18.6 g/t Au over 1.5 m- hole BZ11-46 at the Boundary, and 0.9 g/t Au over 8.1 m (ML11-08), 5.3 g/t Au over 0.6 m (ML11-09), and 1.1 g/t Au over 28.0 m (ML11-13).

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6.0 REGIONAL AND PROPERTY GEOLOGY

6.1 REGIONAL GEOLOGY The KLGC occurs in the south-western portion of the Abitibi greenstone belt of the Archean Superior Province of the Canadian Shield and the regional geological setting of the Kirkland Lake area is typical of many gold camps located within the Superior Province. The KLGC occurs on the southern limb of the regional Blake River synclinorium, the northern and southern limbs of which are truncated respectively by the Destor-Porcupine Fault (“DPF”) and the Cadillac-Larder Lake Break (“LLB”) with its associated deformation corridor (the LLDZ). The majority of the historical gold production in the Abitibi Greenstone Belt is spatially associated with these two major regional structures (Queenston, 2001 Annual Report). In the Kirkland Lake area, the LLB is considered to be a major east-west trending thrust fault that developed along the contact zone between mafic and ultramafic rocks of the Larder Lake Group to the south and mafic volcanic rocks of the Kinojevis Group to the north. Through recent age dating and review by the Ontario Geological Survey, these rocks have recently reclassified as parts of Tisdale Group and the Blake River Group respectively. Expansion along the LLB created a graben-like basin which was filled with calc-alkaline volcanic and clastic sedimentary rocks of the Timiskaming Group. Later compression of this region created parallel and splay faults in both the Timiskaming and Lower Tisdale Group (Larder Lake Group) rocks along which many of the gold deposits of the KLGC were formed. Today the LLB represents an unconformity between the Lower Tisdale Group rocks to the south and a 0.6 km to 5 km thick section of Timiskaming Group sedimentary and volcanic rocks to the north. Both the major rock groups in the area have been intruded by gabbroic and mafic-felsic intrusions, the most prominent are the Lebel Stock, Otto Stock, Murdoch Creek Stock and the Round Lake Batholith (Queenston, 2008 Annual Information Report). The Timmins-Kirkland Lake segment of the Abitibi Greenstone Belt has been divided into nine supracrustal assemblages, as described in the Table below. Assemblages are described in order of increasing age.

SUPRACRUSTAL ASSEMBLAGES OF THE TIMMINS-KIRKLAND LAKE SEGMENT OF THE ABITIBI GREENSTONE BELT

(SOURCE: RPA, 2004)

Assemblage Description

Timiskaming Contains sedimentary and alkali volcanic rocks including iron formation, such as Upper Canada and Macassa Mines.

Porcupine Comprises sedimentary and calc-alkalic volcanic rocks including iron formation.

Upper Blake River Comprised of mostly calc-alkalic volcanic rocks, such as at the Noranda Camp.

Lower Blake River (Kinojevis)

Comprised of mostly tholeiitic basalts, such as at the Holt McDermott Mine.

Upper Tisdale (Gauthier)

Comprised of calc-alkaline felsic to intermediate volcanics exhibiting flow and debris flow characteristics and associated volcaniclastics sediments.

Lower Tisdale (Larder Lake)

Comprised of mostly komatiitic, tholeiitic and calc-alkalic volcanic rocks and iron formation, such as at the Kerr Addison Mine, McBean Mine and Anoki deposits.

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Kidd-Munro Comprised of komatiitic, tholeiitic and calc-alkalic volcanic rocks.

Stoughton-Roquemaure

Comprised of komatiitic, tholeiitic and calc-alkalic volcanic rocks.

Deloro Comprised of tholeiitic and calc-alkalic volcanic rocks and iron formation

Pacaud Comprised of komatiitic, tholeiitic and calc-alkalic volcanic rocks.

Precious metal production in the Kirkland Lake Gold Camp has exceeded 40 million ounces (Risto et al, 2008) from 30 mines. Most of the gold production in the area has come from quartz veins associated with the Kirkland Lake Main Break (“KLMB”), which is interpreted to be a splay structure related to the LLB. (Sourced from Agnerian, 2004)

FIGURE #6

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6.2 PROPERTY GEOLOGY The Lebel property covers 7.7 km of the favourable Timiskaming Group of flows, tuffs and sediments with syntectonic dykes, sills and plugs of diorite, syenite and feldspar porphyry along strong structures that are splays off of the Larder Lake Break. The Main Break, the structure that hosts the seven big mines of Kirkland Lake, extends west of Teck township, where it is offset by the Murdock Creek fault. The offset portion is thought by Queenston geologists to extend through the Lebel property where it becomes the host structure for Bidgood ore. The Bidgood mine area hosts gold in dark grey quartz veins with associated molybdenum, massive pyrite veins (replacing magnetite), and locally chalcopyrite. There are at least 24 separate veins, all structurally controlled and all with haloes of further pyrite (+/- sericite, epidote, and leucoxene) that are also gold-bearing. These veins are splays off of two north-eastern trending structures known as the North Break, and the Main Break. The primary host rock is a diorite, and locally diorite breccias, with quartz-feldspar porphyry surrounding it and locally cutting through it as dykes. Basic syenite, and argillite are important hosts elsewhere on the property. The Cadillac-Larder Lake Break, which separates the Timiskaming and Tisdale assemblages in this area is located further south on the Pawnee and Commodore claims.

Lower Blake River (Kinojevis) Assemblage

Mafic Volcanic Flow Mafic volcanic flows observed in the north end of the property are coarse grained and amphibolitic and may be coarse flows, mafic ash tuff, or amphibolitized flows. The rocks weather a medium grey-green and are medium to dark green on fresh surface. Timiskaming Assemblage

Polymictic Conglomerate The basal conglomerate is a polymictic conglomerate that according to MacLean (1956) contains jasper clasts and represents weathering of exposed basement at the onset of deposition of the Timiskaming assemblage. Jasper clasts were found in most of the conglomerate units during the 2005 mapping program. Polymictic conglomerate varies from clast to matrix supported, and contains up to 50% subangular to subrounded clasts that range in diameter up to 15cm but typically average about 4 cm. Clast composition is extremely variable but typically includes syenitic intrusion variants, basement lithologies such as mafic volcanic flows, magnetite iron formation, jasper, with reworked tuffaceous material typically as matrix. The rocks typically weather light to medium grey-green but can vary to dark brown due to carbonate alteration and are typically medium grey-green on fresh surfaces, varying with clast content. Primary bedding is readily observable throughout the property and includes graded bedding, coarse to fine conglomerate bedding and conglomerate-wacke bedding. Many conglomerates have a weakly magnetic matrix.

Wacke

Wackes are typically fine grained versions of the polymictic conglomerate and range from coarse, pebbly wacke to fine grained silty wacke. The units weather medium grey-green to grey and are medium grey to grey-green on fresh surfaces. Thin (2-10 mm) laminae are common and graded bedding was observed locally. Most of the wacke units mapped are located along

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the southwest corner of the property within the LLDZ deformation zone and are typically well altered.

Argillite

One argillite unit is found in the immediate vicinity of the Boundary Zone. It is an aphanitic olive green mudstone with bedding, and commonly with rip-up angular clasts.

Trachyte - massive, porphyritic, amygdaloidal

Trachyte flows are extremely variable due to primary composition that varies from mafic to felsic, and due to superimposed alteration. Trachyte flows weather medium grey and are dark to light grey, green, pink, dark purple and brown on fresh surfaces. Massive flows occasionally contain 2-10 mm bands assumed to be flow banding or flow related textures.

Porphyritic flows can contain up to 60% phenocrysts. Mafic porphyritic flows typically contain up to 25%, 2-5 mm augite, but can also contain up to 15% aegerine or pigeonite that weather recessively. Intermediate to felsic porphyritic flows are mineralogically diverse and contain variable amounts of pseudoleucite (up to 60%), plagioclase (up to 30%), K-feldspar (up to 30%), leucite (up to 7%), and nepheline (up to 7%). Amygaloidal varieties occur locally and contain up to 10%, <10 mm carbonate amygdules. Epidotization, hematization, carbonatization and chloritization of trachyte flows is common. Magnetic varieties are common, but magnetism does not appear to be related to hydrothermal alteration as relatively pristine units as well as altered units are magnetic.

Tuff – ash, crystal

Lapilli to ash tuff units are extremely variable in appearance ranging from grey to buff to purple-grey on weathered surfaces and medium green to grey to dark purple on fresh surfaces. Recessive weathering of the intragranular spaces is not uncommon. Individual beds can contain up to 20% crystals, which can include K-feldspar, plagioclase, and nepheline.

Tuff units typically have a granular texture but lack the micaceous and lithic content of wackes. Massive and bedded tuff varieties were observed with bedding typically ranging from 10-30 cm. Graded bedding was observed locally. Tuff units are variably magnetic. Mafic Syenite (also basic syenite, lamprophyre)

Several mafic syenite units are indicated on Map 53a (MacLean) within the property. Several were sampled during the 2005 mapping program but only a few approach true mafic syenite by mineralogy or composition. The more mafic syenites typically contain up to 65% K-feldspar and up to 20% augite, weather medium to light grey, and are medium grey on fresh surfaces.

Variations include pink and green tinged varieties due to hematite and chlorite/epidote alteration, respectively. Several units of wide basic syenite have been discovered from drilling in the period 2008-2010; the 1944 government map does not show these units.

Syenite

Several intrusive rocks were mapped in the field as syenite. All weathered medium to light grey and were medium grey with <20% mafic minerals. Subsequent petrographic analysis indicates all are monzonite, comparable to the larger feldspar porphyry (Porphyrite) unit that extends through the south half of the property. Syenite units generally have a red brown to purple-red

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colour in core, are homogeneous, weakly to moderately magnetic locally, non carbonated and contain up to 5% black xenoliths.

Quartz Porphyry

There are several quartz porphyry intrusions adjacent to the gabbro intrusion at Bidgood #2

Mine, in the Boundary Zone area as well as a few immediately west of the property flanking mafic syenite intrusions that extend into the property. The quartz porphyry intrusions are similar to the feldspar porphyry intrusions elsewhere on the property, they weather light grey and are medium grey on fresh surface with colour variation due to alteration. Plagioclase is the dominant phenocryst, followed by amphibole and potassic feldspar. In core, they are always non magnetic, pale grey to white to light lime green in colour, competent, homogeneous, with 1-3% ubiquitous coarse disseminated pyrite, 1-5% chlorite fractures and consist of 30% anhedral 1/8" glassy-greenish quartz phenocrysts.

Bimodal Porphyries

The bimodal porphyries are relatively narrow, dyke-like units that are usually gold-barren, fresh, competent, homogeneous, brown-red to purple in colour, non magnetic, non carbonated, with 10% 1/4" euhedral feldspar phenocrsts and 30% feldspar 1/8" phenocrysts. Underground, lamprophye dykes are similar to the bimodal porphyries in that they are apparently late, having no gold content and having a “damming effect” on the gold-bearing fluids such that gold grades decrease away from them and the contacts are often mineralized.

Diorite

Several types of diorite are historically described on the property. The central stock is far more extensive than the 1944 government map indicates; recent drilling has uncovered its eastern extent at the Boundary Zone. It is the primary host of the Bidgood #2 and Moffat-Hall mines. The four sub-units described are diorite, ilmenitic diorite, epidote diorite, and diorite breccia. The diorite is a fine to medium grained unit that can occasionally grade into gabbroic textures. Feldspar groundmass holds 50% black mafics (chlorite after hornblende), often with alteration products of iron such as epidote, leucoxene, specularite, and on its southern contact, magnetite. It is usually highly magnetic. The ilmenitic and epidote diorites are also historical classifications, but they are intermixed with the other two units. There are variations in epidote content from rare to 3-5%, usually as clots and fracture-filling veins. The diorite breccia is found on the north half of the stock (and locally on the west side) and consists of 10% -20% rounded breccia fragments up to 0.1 m with resorbed, rounded contacts. It is usually non-magnetic.

Feldspar Porphyry (Porphyrite)

The largest geological unit on the property is the feldspar porphyry, or Porphyrite of MacLean (1944). The rock weathers light grey and is typically medium to light grey on fresh surfaces and the weathering rinds often have an orange tinge due to weathered pyrite and/or ankerite.

The main intrusive body extends from the west end of the property where it is approximately 150 m wide, thickens east of King Kirkland in the Mud Lake area to approximately 1500 m and narrows further east to just under 1000 m at the eastern contact. The width of the main body narrows significantly where it intersects the Long Lake fault and it also has an apophysis that extends northwest along S2 folded stratigraphy. The unit has been grouped into a single, homogenous unit due to the mapping scale but detailed mapping around trenches by previous workers has shown the unit consists of multiple phases. Two separate varieties occur in the

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Bidgood #1 mine area, including a bimodal porphyry. More massive varieties, although still porphyritic, occur south in the King Kirkland and southwest of Moffat-Hall mine. Previous workers describe relict textures of conglomerate, trachyte, and sediments locally within the large unit, and conglomerate-like textures are present in 2005 Trench 4. However, these are considered roof-pendant type remnant features. Therefore, all occurrences were initially termed feldspar porphyry and subsequently modified by petrographic analysis.

QFP Feldspar Porphyry

The Quartz-Feldspar porphyry is a non-magnetic unit, often occurring as dykes, with 10%-30% anhedral 1/8"glassy-greenish quartz phenocrysts plus 10%-30% subhedral pinkish-white feldspar phenocrysts. Plagioclase is the dominant phenocryst. It sometimes contains rare dark grey xenoliths up to 1/4". When altered, they are frequently sericitized.

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FIGURE #7

LEBEL P

~CAMBeO ."

\ 20VE1N

UNOARY

WEST KIN G KI~IU.AN_O

.~"" -",,,,-.... --. ..... , ............. '-. ..................... ,,_."" ... ,_ .... .... "_ .. ,,.-.-

. >0 , - .

LD~ ----,- ",---.~~-

, r_

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7.0 DIAMOND DRILL PROGRAM-HOLES BG11-128, BG11-139 Two holes, BG11-128, and BG11-139, are covered by this report. They targeted the area below the resource for the South Zone. Hole BG11-139 intersected 5.22 g/t Au over 11.75 m (including 34.97 g/t Au over 0.90 m) on what appears to be the down plunge of the resource, at 175 m below previous hole BG10-08 that assayed 1.0 g/t Au over 20.2m and 9.7 g/t Au over 0.8 m. It appears that BG11-128 was out of this steep plunge to the east, with the assay of 3.91 g/t Au over 1.2m at downhole depths of 403.5-404.7m likely representing the South Zone.

A new zone, some 95 metres south of the South Zone, was intersected by every hole drilled from the hole BG11-139 drill set-up, with intersections returned that includes 1.59 g/t Au over 22.0 m (including 10.20 g/t Au over 1.0 m, 6.93 g/t Au over 1.0 m, and 5.14 g/t Au over 0.6 m) in hole BG11-127, 2.63 g/t Au over 7.75 m and 2.4 g/t Au over 8.3 m (including 10.30 g/t Au over 1.1 m) in hole BG11‐128, and 7.71 g/t Au over 1.0 m in hole BG11‐126. These may line up at a subvertical dip with earlier holes above that

returned 2.5 g/t Au over 8.54 m (including 6.38 g/t Au over 2.13 m) in hole 83-10 (1983 historical hole), and 2.9 g/t Au over 3.55 m (including 7.3 g/t Au over 0.80 m) in hole BC10-3. The latter hole was targeting what was called the Contact Zone at the time (2010). This new zone remains open along strike and to depth.

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Hole_ID Project East_UTM North_UTM Elevation Azimuth Dip Length Casing (m) Cap Logged_By

BG11-128 Bidgood 581039.8 5335255.0 335.6 337.5 -53.0 702.0 6 Y O.Greaves

BG11-139 Bidgood 581039.6 5335257.4 335.7 348.5 -50.0 576.0 6 Y O.Greaves

Notes: units in metres; NQ size core

Hole_ID Start_Date Finish_Date Claim # Country Province Twp NTS Comments

BG11-128 24-May-2011 8-Jun-2011 CLM327 Canada ON Lebel 32D4 DDH Collar Land Survey- Northland Technical

BG11-139 15-Jun-2011 24-Jun-2011 CLM327 Canada ON Lebel 32D4 DDH Collar Land Survey- Northland Technical

Notes: units in metres; NQ size core; DH Gyro survey Halliburton means - downhole gyroscope survey by Halliburton, Sperry Drilling Services, 1725 Seymour St, Unit C, North Bay, ON P1B 8G4; DDH Collar Survey means - diamond drill hole collars land surveyed by Northland Technical Surveys, 4 AlWende Avenue, Box 65, Kirkland Lake, ON P2N 2G9.

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8.0 SAMPLING METHOD AND APPROACH

8.1 GENERAL PROTOCOL

• During 2011, all diamond drill core sampling activities were supervised by Project Geologists (McCormack1, Sutton2, Zalnieriunas3, Greaves4, and Wade5).

• Drill core sample intervals are selected on a geological basis and most typically varied between 0.5 and 1.5 m (1.6 to 4.9 ft.) in length and very rarely are less than or greater than these values.

• Drill core sample demarcation is conducted by the Geologist while core logging. Core samples are entered into a digital database, (Excel file) whereby the spreadsheet format includes the drillhole number, “from”–“to” in metre interval, sample width in metres, sample ticket number, and sample description. Assay results received from assay labs are inserted into the database according to the corresponding sample number.

• Electronic certificate files received from assay laboratories are compared to hard copy, signed certificates for possible discrepancies.

• In regards to sampling Quality Assurance/Quality Control, field gold standards and field blanks are entered into the core sample flow, at approximately every 25 metres and monitored for any abnormal gold concentrations or trends. Selected pulp and rejects returned from Polymet are submitted to Swastika Laboratories6 (“Swastika”) and AGAT Laboratories7 (“AGAT”) which are independent of Polymet, as a check on Polymet ½ core assays. Selected ½ core samples are also ¼ sawn and submitted to Polymet as a comparison to the original ½ core assay.

Marking Core Samples

• Geologists identify the beginning and end of samples directly on the core with a line perpendicular to the core and an arrow identifying direction of the sample. Samples are demarcated using a china marker or a grease pencil. A line is also traced along the long axis of the core defining the cutting line, which the core cutter will follow, to obtain a representative sample.

• A sample tag is placed at the beginning of the sample and is stapled on the core box at this location as record and for verification purposes.

• Each core tray is labeled according to sequential core tray number, drillhole number and representative depth interval.

8.2 SAMPLE HANDLING, PREPARATION, ANALYSIS AND SECURITY Drill core, secured in enclosed core trays, is collected at the drill site by Queenston personnel and transported directly to the core logging facility at the Toburn Mine Site8. Logging facilities are secured by lock with only Queenston personnel and the building owner possessing keys. Only authorized personnel are allowed in the logging and core cutting facilities. Once inside the

1 Dan McCormack. P.Geo. P.O. Box N2. King Kirkland, ON P0K 1K0.

2 Michael Sutton. P.Geo. Crystal Lake Road, Lebel Township. 3 R.V. Zalnieriunas. P.Geo. Box 214, Larder Lake, ON P0K 1L0. 4 Olivia Greaves, BSc, 14 George St, Box 130, Hillsburgh, ON N0B 1Z0.

5 Warren Wade, BSc., 5705 34 B Avenue, Delta B.C. V4L 2P1.

6 Swastika Laboratories. P.O. Box 10, Swastika, ON P0K 1T0. Tel: 705-642-3244. 7 AGAT Laboratories. 5623 McAdam Road, Mississauga, ON L4Z 1N9. Tel: 905-501-9998. 8 Toburn Mine Site. Managed by the Toburn Operating Authority and owned by The Corporation of the Town of Kirkland Lake.

Government Road East, Kirkland Lake, ON.

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core logging facilities tray lids are removed, core is measured, tray tags are applied and trays are racked in preparation for logging. Core remains inside the facility for the entire sample processing flow from logging to core cutting to sample bagging, in preparation for shipment. Geologists log the core and demarcate samples as previously provided. Sample tickets, obtained from Polymet are utilized at all times for identifying samples. Each sample ticket has a unique series and numerical identity to mark individual core samples as identified by the geologist. Core cutting technicians place ½ core samples with the corresponding sample ticket into 10”x15”x.006 mil clear plastic bags and secure each bag with a cable tie. The other half of the sample ticket is stapled to the core tray at the beginning of the sample. Eight to twelve individual sample bags are placed into rice bags and secured with a security tag having its own identifying number. For shipment, the rice bag is marked with the Receiving Lab address and sequential rice bag number of the total number of rice bags to be shipped. A Chain of Custody form is provided in the first rice bag of the shipment outlining the number of rice bags in the shipment, sample number series in each rice bag and total number of samples. The security tag column on the form is intentionally left blank and is ‘filled-in’ by the receiving Lab to return by fax to Queenston with the correct security tag number. This ensures that the security tag is not breached during shipment and that the samples are secure. Assay Methodology Polymet Individual core samples normally weigh 0.5 to 2.5 kg in weight and are dried before crushing. The entire sample is crushed in a steel jaw crusher with 90% to -8 mesh, then split into 200 to 450 g samples using a Riffle Splitter. This portion is pulverized to 90% -150 mesh using a ring pulverizer. Brushing and compressed air cleaning is performed between each sample to prevent cross-contamination. A silica wash is used only after processing samples that are noted or marked containing visible gold or if an inspection proves any build-up on the rings or bowl. At every 15th sample, the ground wash material from the pulverizer is forwarded in sequence for analysis by fire assay. The data from the washes must be consistently <0.03 gAu/t to support the effectiveness of the cleaning protocol. All samples are submitted for fire assay with pulps and rejects returning to Queenston. Gold is determined by fire assay of a 14.58 g fire assay charge. The analysis begins with a fusion of flux mixture and sample added to a crucible placed in an assay furnace leading to a resultant lead button. The lead button is melted into a cupel with the remaining gold bead ready for weighing. For core samples with gold assays exceeding 1 gAu/t, a check assay is performed whereby a second cut off of the reject is taken, pulverized for a second pulp for an additional, separate fire assay. Polymet performs its own quality assurance and control whereby internal blanks and standards are inserted every 48 samples. Polymet is ISO9001:2000 registered. Swastika and AGAT have similar assay methodologies with fire assay and AAS9 or ICP-OES10 finish. Data Entry Assays are reported by Polymet, Swastika and AGAT, by both electronic certificate and original, signed hard copy certificate. Queenston personnel compare and verify electronic data to hard

9 AAS. Atomic Absorption Spectroscopy.

10 ICP-OES. Inductively Coupled Plasma-Optical Emission Spectroscopy.

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copy data. Assay database input is performed and/or reviewed by Sutton, McCormack and Patti Rozich11 (“Rozich”) to avoid the possibility of data input error. Data Verification Field Blank Crushed cement blocks, placed in sample bags with sample tickets, are inserted into the sample core flow usually following a sample having suspected gold mineralization in order to detect possible contamination to surrounding samples. Geologists inserted 18 blanks of 535 total samples (3.4%). With respect to field blank assays, any assay over 0.03 gAu/t are reviewed. If it were determined that possible contamination occurred, sample rejects surrounding the abnormal blank assay were either re-assayed or core samples were ¼ sawn and re-submitted for assay. Nothing was returned that was abnormal. Field Standard Two certified field standards were inserted at approximately every 25 metre intervals using RockLabs12 Si5413 and OxL9314. Surrounding core assays of field standards were reviewed if standard assays fell 3 standard deviations from the sample mean; for Si54 standard 2.3 µg/g to 1.1 µg/g and for OxL93 standard 6.1 µg/g to 5.1 µg/g. If it were determined that standard assays were indicative of abnormal assay concentrations, re-assaying of surrounding core samples or review of referee analysis of pulp and rejects would be performed. 18 standards of 535 total samples (3.4%) were inserted. Nothing was returned that was abnormal. ¼ Sawn Core Selected ½ core samples were identified with an additional sample ticket for sawing ¼ of the ½ core as a check for gold variability and check on the ½ core assay. In regards to holes BG11-128 and BG11-139, 2 core samples were ¼ sawn. Even though variance occurs between ½ and ¼ core assays, ¼ core assisted in evaluating core where contamination was suspected, when visible gold was observed while logging or where an anomalously high grade or low grade assay was returned relative to visual expectations. Quarter core results for sample C2949 (BG11-128) that had returned 6.93 g/t (1/2 core), came back as 25.03 g/t. Due to the significant difference, the average of the two values was used.

Referee Samples (Pulps and Rejects) Bidgood Project: pulps and rejects were submitted to Swastika for comparative assay analysis. 29 pulps and 28 rejects were tested at the referee lab (5.4% of total pulp samples and 5.2% of total reject samples). Referee assay had anticipated variance when compared to Polymet assays in both pulp and reject samples but were comparable overall. Referee assays were also used as a check on core assays surrounding abnormal field blank or standard assays, high grade assays and for ¼ core assay review.

11

Patti Rozich. Land and Project Administrator, Queenston Mining Inc. 36 Prospect Avenue. Kirkland Lake, ON P2N 2V4. 12 Rocklabs Limited. P.O. Box 18-142, Auckland, New Zealand. Tel: +64 9 634 7696. Website: www.rocklabs.com. 13 Rocklab Si54. Recommended gold concentration 1.780 µg/g, 95% confidence level +/- 0.011 µg/g. 14 Rocklab OxL93. Recommended gold concentration 5.865 µg/g, 95% confidence level +/- 0.055 µg/g.

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FIGURE #8

0

0.05

0.1

0.15

C2

90

1

C2

92

3

C2

95

0

C2

97

5

C3

02

4

C3

04

6

C3

17

8

C3

09

5

C3

21

2

C3

22

7

C4

73

5

C4

75

5

C4

78

5

C4

82

2

C4

84

9

C4

87

6

C4

91

3

C4

94

5

AU PPM

SAMPLE #

BIDGOOD BG11-128+ BG11-139 DRILL PROGRAM - FIELD BLANKS

Au ppm

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FIGURE #9

0.00

0.50

1.00

1.50

2.00

2.50

C2

87

7

C2

94

1

C3

00

8

C3

07

0

C3

19

5

C4

74

8

C4

83

3

C4

85

5

C4

91

5

G

R

A

D

E

G

/

T

SAMPLE #

QA‐QC: 2011 BIDGOOD DRILL PROGRAM ‐ FIELD STANDARD Si54

Au ppm

+3STD

‐3STD

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FIGURE #10

3.00

4.00

5.00

6.00

7.00

8.00

C2

90

8

C2

96

8

C3

04

0

C3

15

8

C3

21

6

C4

80

2

C4

77

4

C4

88

5

C4

94

8

G

R

A

D

E

G

/

T

SAMPLE #

QA‐QC: 2011 BIDGOOD DRILL PROGRAM ‐ FIELD STANDARD OxL93

Au ppm

+3STD

‐3STD

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FIGURE #11

0.00

5.00

10.00

15.00

20.00

25.00

30.00

0.00 5.00 10.00 15.00 20.00 25.00 30.00 35.00 40.00

1

/

4

C

O

R

E

1/2 CORE

1/2 CORE VS 1/4 CORE ‐ ASSAY ANALYSIS

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FIGURE #12

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 45.0

P

O

L

Y

M

E

T

G

/

T

SWASTIKA G/T

SWATIKA REFEREE ON POLYMET PULPS

BIDGOOD BG11-128 + BG11-139

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FIGURE #13

0.0

5.0

10.0

15.0

20.0

25.0

30.0

35.0

40.0

0.0 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0

P

O

L

Y

M

E

T

G

/

T

SWASTIKA G/T

SWASTIKA REFEREE ON POLYMET REJECTS-

BIDGOOD BG11-128 + BG11-139

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9.0 OBSERVATIONS AND HIGHLIGHTS

General Locations of Mineralized Zones

FIGURE #14

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9.1 BIDGOOD SOUTH ZONE BG11-128 + BG11-139 HIGHLIGHT ASSAY INTERVALS

TABLE HIGHLIGHTS OF DRILL INTERCEPTS FROM THE LEBEL – BG11-128, BG11-139 DRILL PROGRAM – SOUTH ZONE

Hole No. Azimuth Dip(º) From (m) To (m) Length (m) Au (g/t) Zone

BG11‐128 343 ‐53 50.35 51.20 0.85 1.68 South

70.40 71.70 1.30 0.96 South

82.00 85.00 3.00 1.37 South

104.00 105.00 1.00 3.26 South

194.75 202.50 7.75 2.63 South

INCLUDING 197.35 198.20 0.85 15.98 South

220.70 229.00 8.30 2.43 South

INCLUDING 220.70 221.80 1.10 10.30 South

403.50 404.70 1.20 3.91 South

509.20 510.00 0.80 1.51 South

519.60 526.60 7.00 1.06

South (Main

Break)

543.60 544.60 1.00 2.78 South

BG11‐139 351 ‐50 47.80 48.95 1.15 0.96 South

230.40 231.30 0.90 3.98 South

318.40 320.55 2.15 1.64 South

360.90 362.05 1.15 1.20 South

370.60 371.50 0.90 1.47 South

378.45 381.25 2.80 1.13 South

409.00 420.75 11.75 5.22 South

INCLUDING 409.00 410.50 1.50 5.56 South

INCLUDING 415.20 416.30 1.10 5.76 South

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INCLUDING 417.25 418.15 0.90 34.97 South

448.95 451.20 2.25 0.63 South

471.40 474.00 2.60 0.55 South

487.10 493.60 6.50 0.67 South

506.30 514.50 8.20 1.54 South

517.65 519.00 1.35 2.33 South

528.45 529.85 1.40 1.06 South

538.25 554.50 16.25 0.92

South (Main

Break)

Notes: The mineralized intervals in the above table represents core lengths. True widths were determined to be 56.9% and 57.3% of core lengths respectively for holes BG11-128 and BG11-139.

TABLE #4

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FIGURE #15

o

-~ 1.9/ S1.Sm

0.42 g/t Au

Grade Shell

Drill hole

Gold interval

Vein

Drill hole #

, ,~

open (, /

, , /

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c=J Mineral Resource

c=J Area of Exploration Focus

grams per tonne gold/thickness in metres

Mine workings

Pit Shell

Surface Plan of South Zone Bidgood Property

Kirkland East Project, Ontario Figure 1 October 2011

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Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 47

10.0 CONCLUSIONS AND RECOMMENDATIONS

The two holes covered by this report are important for various reasons. Hole BG11-139 was successful in intersecting what appears to be the down-plunge of the current South Zone resource at approximately 175 metres below. The grade and thickness intersected are of sufficient strength to be considered underground mineable. Hole BG11-128 intersected a new zone that returned 2.63 g/t Au over 7.75 m and 2.4 g/t Au over 8.3 m at relatively shallow depths of 150 and 175m vertical respectively. These may line up at a subvertical dip with earlier holes above that returned 2.5 g/t Au over 8.54 m (including 6.38 g/t Au over 2.13 m) in hole 83-10 (1983 historical hole), and 2.9 g/t Au over 3.55 m (including 7.3 g/t Au over 0.80 m) in hole BC10-3. The latter hole was targeting what was called the Contact Zone at the time (2010). A significant gap exists between the South Zone and the New Zone where no information is available.

More exploratory work is recommended on the Lebel Bidgood property:

#1 Infill drilling between the intersection of the 5.22 g/t Au over 11.75 m (including 34.97 g/t Au over 0.90 m) in hole BG11-139, and the South Zone resource

#2 Drill down-plunge from the intersection of the 5.22 g/t Au over 11.75 m (including 34.97 g/t Au over 0.90 m) in hole BG11-139 to depth

#3 Drill the New Zone- as indicated by the intersections of 1.59 g/t Au over 22.0 m (in hole BG11-127), 2.63 g/t Au over 7.75 m and 2.4 g/t Au over 8.3 m (in hole BG11‐128), and 7.71 g/t

Au over 1.0 m in hole BG11‐126- at 25m centres in all directions, concentrating first on

delineating any existing plunge (likely similar to South Zone+20 Vein) and bringing the zone up to surface. Prior to undertaking this drilling, a longitudinal section of the zone should be developed using the most recent interpretations.

#4 Drill the gap between the South Zone and the New Zone to see if any potential pit might be extended in this direction.

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Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 48

REFERENCES Ontario Department of Mines. Vol. XXXII, Part IV. P. Hopkins, A.G. Burrows. “Kirkland Lake Gold Area.” 1923. Ontario Department of Mines. Vol. XXXVII, Part II. E.W. Todd. “Kirkland Lake Gold Area.” 1928. Ontario Department of Mines., Annual Report Vol. 53, Part II and Map 53a. A. MacLean. “Map of Lebel Township,”.1944. Ontario Department of Mines. Vol. LVII, Part V, Jas.E. Thompson. “Geology of Teck Township and the Kenogami Lake Area, Kirkland Lake Gold Belt.” 1948. Ontario Department of Mines. Annual Report for 1948. Volume 57, Part 5. Jas. E. Thomson. “Geology of the Main Ore Zone at Kirkland Lake.” 1950. The Geological Society of America. Field Trip No. 8. “Geology and Mineral Deposits of the Kirkland-Larder.” 1953. Ontario Department of Mines. Geological Circular No. 11. G.H. Charlewood. “Geology of Deep Developments on the Main Ore Zone at Kirkland Lake.”1964. Ontario Department of Mines. Mineral Resources Circular No. 3. W.S. Savage. “Mineral Resources and Mining Properties in the Kirkland Lake-Larder Lake Area.” 1964. Lovell, H. Ontario Department of Mines, Open File Report 5211. “Geology of Lebel Township, District of Timiskaming.” 1976. Parsons, G.E. “Geology of Former Bidgood Kirkland Gold Mines, Lebel Township, Kirkland Lake Area, Ontario”. October 1980. Ontario Geological Survey. Miscellaneous Paper 123. L.S. Jensen & F.F. Langford. “Geology and Petrogenesis of the Archean Abitibi Belt in the Kirkland Lake Area, Ontario.” 1985. Rudderham, D.C. for Silver Lake Resources Inc. “Drilling Program, Moffat-Hall Property, Lebel Township” May 30, 1985. Leonard, B.C. for International Platinum Corporation. “Report of the 1988, 1989 Field Work on the Moffat-Hall Project, Lebel Township”. June 1989. Leahy, M. “Report on Diamond Drilling and Sampling, King Kirkland Property, Lebel Township.” December 1998. Carmichael, S. “Report on Trenching on the Moffat-Hall property, Lebel Township”. September 2000, three reports. Ontario Geological Survey. “Kirkland Lake-Larder Lake Aeromagnetic Survey, Discover Abitibi Initiative”. 2004. Rhys, David. Panterra Geoservices Inc. “Structural Study of the Kirkland Lake Gold System, Ontario with Exploration Implications.” October 31, 2005.

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Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 49

Ontario Geological Survey. Open File Report 6159. “Geology, Structure and Gold Mineralization, Kirkland Lake and Larder Lake Areas (Gauthier and Teck Townships): Discover Abitibi Initiative.” 2005. Ontario Geological Survey. Open File Report 6154. “Overview of Results from the Greenstone Architecture Project: Discover Abitibi Initiative.” 2005. Walker, P. “Interpretation Report, Bidgood Grid IP-Resistivity Survey, Lebel Township”. March 26, 2004. Lengyel, P.E. “2005 Summer Program Report, July-September, 2005, Lebel Property” May 11, 2006. Lengyel, P.E. “2006 Drilling Program Report, August-October, 2006, Lebel Property” November 17, 2006. McCormack, Daniel J. “2007 Diamond Drill Program Report, Lebel Gold Property” May 30 to July 11, 2007. McCormack, Daniel J. “2008 Diamond Drill Program Report, Lebel Gold Property” Jan. 19 to May 7, 2008. D.J. Kontak, B. Dubé and W.R. Benham. Summary of Field Work and Other Activities 2008, Ontario Geological Survey. Open File Report 6226. p.12-1 to 12-12. “The Upper Beaver Project, Kirkland Lake Area: Investigation of a Syenite-Associated Copper-Gold Deposit with Magnetite-Epidote-Feldspar Alteration”. 2008. V. Ispolatov, B. Lafrance, B. Dube, R. Creaser, M. Hamilton. 2008 Society of Economic Geologists, Inc. Economic Geology, v. 103, pp. 1309–1340. “Geologic and Structural Setting of Gold Mineralization in the Kirkland Lake-Larder Lake Gold Belt, Ontario”. 2008.

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STATEMENT OF OUALIFICATIONS . SUTTON

l, Michael W. Sutton, of the TOWN of KIRKLAND LAKE, in the PROVINCE of ONTARIO,hereby certify:

I am a geologist and currently a consultant to Queenston Mining Inc. and during aportion of the 2010-11 Lebel drill program (January to May 2010) held the position ofVice President Exploration for Vault Minerals Inc., operating out of Vault's Kirkland LakeOffice.

I graduated from the University of Toronto, H.BSC in 1986.

I have practiced as an exploration or mine geologist from 1984 to present withexperience that has included surface and underground grass-roots to advancedexploration programs and as part of mine production operations in Canada. I haveextensive experience at Macassa mine, having been the Chief Geologist.

I am currently registered as a professional geoscientist (membership number 0594) withthe Association of Professional Geoscientists of Ontario (APGO).

This report is based on a study of all information made available to me, both publishedand unpublished, and on information collected in the field by myself and DanMcCormack.

Dated in Kirkland Lake this Y7v day ot MA)2yJ ,2012.

MichaelW. Sutton, P.Geo. 0594

H-!narcnaer.*.rt*ol'r i; Pmcnsmo,*e$d'j

. 0qg4 .Qu*rV

Queenston Mining Inc., Lebel Gold Properry,2OLO-71Diamond Drill Report Page 54

STATEMENT OF QUALIFICATIONS - SUTTON

I, Michael W. Sutton, of the TOWN of KIRKLAND LAKE, in the PROVINCE of ONTARIO, hereby certify:

I am a geologist and currently a consultant to Queenston Mining Inc. and during a portion of the 2010-11 Lebel drill program (January to May 2010) held the position of Vice President Exploration for Vault Minerals Inc., operating out of Vault's Kirkland Lake Office.

I graduated from the University of Toronto, H.BSC in 1986.

I have practiced as an exploration or mine geologist from 1984 to present with experience that has included surface and underground grass-roots to advanced exploration programs and as part of mine production operations in Canada. I have extensive experience at Macassa mine, having been the Chief Geologist.

I am currently registered as a professional geoscientist (membership number 0594) with the Association of Professional Geoscientists of Ontario (APGO).

This report is based on a study of all information made available to me, both published and unpublished, and on information collected in the field by myself and Dan McCormack.

Dated in Kirkland Lake this "'lJ-rll day of ~ , 2012.

Michael W. Sutton, P.Geo. 0594

Queenston Mining Inc., Lebel Gold Property, 2010-11 Diamond Drill Report Page 54

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Drill Log Abbreviations

Grain Size & Type

mg, med medium grain, medium

cs, cse, cg coarse, coarse grained

fg fine grain

aph aphanitic

diss, d, dissem disseminated

fd finely disseminated

frag’s fragments

homo homogenous

Colour

dk grn, lt grn dark green, light green

brn brown

gy, gyish grey, grayish

wy white

pk pink

Intensity

wk, wy weak, weakly

mod moderate

strng strong

v very

conc concentrated

inc increase

min minimal

locy locally

Alteration

altn alteration

alt’d altered

per pervasive

carb’d, cbd carbonitized

hem’d hematized

chl’d, chl’c chloritized, chloritic

ser’d sericitized

bl’d bleached

sil’d, sil’n, sil silicified, silification, silica

Minerals

chl chlorite

ser sericite

ank ankerite

epi epidote

carb carbonate

hem hematite

spec hem specular hematite

qtz, q quartz

cpy chalcopyrite

py pyrite

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mo molybdenum

mag magnetite

gf graphite

Kspar potassium feldspar

plagio plagioclase feldspar

tour tourmaline

Mineral Description

pheno, pheno’s phenocryst

eu euhedral

Veining, Fractures Structure

stry stringers

frac’s, fract fractures

bx breccia

b.c broken core

myl mylonite

vn, v vein

RQD rock quality designation

flt fault

shr shear

fol’d, fol’n foliated, foliation

slicks slickenside

Misc

ovb overburden

cas casing

ct contact

prec preceeding

imm immediate

shrp sharp

TCA, CA to core axis

cm centimeter

m metre

xeno’s xenoliths

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Hole_ID Project East_UTM North_UTM Elevation Azimuth Dip Length Units Core_Size Casing (m) Cap Cement Survey Target_1 Target_2 Logged_By Start_Date Finish_Date Country Province Twp NTS Claim Comments

BG11-128 Lebel 581039.784 5335254.978 335.591 337.48 -53 702 m 6 24-May-2011 8-Jun-2011 Canada ON Lebel Used B. Larose Survey

BG11-139 Lebel 581039.634 5335257.412 335.674 348.546 -50 576 m 6 15-Jun-2011 24-Jun-2011 Canada ON Lebel Used B. Larose Survey

Total 1278I I I I I I I I I I I I I I I I I I I

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Hole_ID Depth Raw_Azimuth True_Azimuth NAD83_N Dip Magnetic_Field Type Larose Survey Proposed Survey Easting (m) Northing (m) Elevation (m) UpDown (m) LeftRight (m) Shortfall (m) Temperature (C)

BG11-128 18 353.7 342.2 341.27 -52.3 57730 Flex 337.48 343 23

BG11-128 51 352.4 340.9 339.97 -52.3 55950 Flex 17.5

BG11-128 102 354 342.5 341.57 -51.9 56110 Flex 21

BG11-128 150 355.9 344.4 343.47 -51.3 56220 Flex 23

BG11-128 201 257.2 245.7 244.77 -50.6 56330 Flex 23

BG11-128 252 352.2 340.7 339.77 -50.6 55950 Flex 23.5

BG11-128 300 352.4 340.9 339.97 -50.4 54270 Flex 12.5

BG11-128 354 359 347.5 346.57 -50.3 54850 Flex 12.5

BG11-128 402 359.9 348.4 347.47 -50 57440 Flex 13

BG11-128 450 0.3 348.8 347.87 -49.8 56340 Flex 13

BG11-128 501 1.1 349.6 348.67 -49.8 56720 Flex 18

BG11-128 552 1.9 350.4 349.47 -49.7 56620 Flex 17.5

BG11-128 600 2.6 351.1 350.17 -49.4 56710 Flex 19

BG11-128 651 1.1 349.6 348.67 -48.7 56630 Flex 17.5

BG11-128 702 1.7 350.2 349.27 -48.4 56620 Flex 17.5

BG11-139 18 0.6 349.1 348.17 -50.1 57290 Flex 348.546 351 19

BG11-139 61 3.5 352 351.07 -49.9 56200 Flex 22.5

BG11-139 102 5.6 354.8 353.87 -49.7 56320 Flex 20

BG11-139 150 7.7 356.2 355.27 -49.5 56340 Flex 21

BG11-139 200 4.9 353.4 352.47 -49.3 55670 Flex 21.5

BG11-139 252 5 353.5 352.57 -49.2

BG11-139 300 6.7 355.2 354.2 -48.7 55830 Flex 13.5

BG11-139 350 7 355.5 354.5 -48.5 55430 Flex 14

BG11-139 402 17.3 342.7 343.7 -48.2 50010 Flex 11

BG11-139 450 7.5 352.5 351.5 -47.9 55630 Flex 13.5

BG11-139 501 14.2 345.8 344.8 -47.7 59310 Flex 15

BG11-139 552 10.2 349.8 348.8 -47.3 55580 Flex 14.5

BG11-139 576 9.7 350.3 349.3 -47 56550 Flex 15

disregard AZM reading - magnetic influence

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Hole_ID From To Width Fault_Type Fault_Modifier Fault_Intensity Core Angle Comments

BG11-128 10.80 10.82 0.02 Slip dol-chl moderate 25

BG11-128 24.30 24.33 0.03 Flt dol-chl-ser moderate 35 flt-shear w 40% py

BG11-128 52.43 52.46 0.03 Flt qtz-dol strong 30

BG11-128 64.10 64.15 0.05 Shear qtz-ank-chl w py strong 30

BG11-128 82.20 82.40 0.20 Fault chl-ank strong 30

3 cm 95% cse py zone ass w brecciated chl-

ank flt

BG11-128 83.14 83.20 0.06 Slip chl w py strong 15

BG11-128 111.55 111.60 0.05 Slip chl-ser-ank moderate 15

BG11-128 117.20 117.40 0.20 Fault chl-carb strong 10

BG11-128 119.50 119.54 0.04 Shear chl-dol-ank weak 45

BG11-128 124.26 124.30 0.04 Slip qtz-carb-chl-ser w py moderate 35

BG11-128 141.35 141.37 0.02 Slip chl-dol weak 70

BG11-128 143.58 143.60 0.02 Shear chl-carb moderate 80

BG11-128 146.90 146.91 0.01 Shear chl-carb moderate 85

BG11-128 152.50 152.90 0.40 Fault

black qtz matrix + BFP

Breccia strong 15

BG11-128 158.31 158.33 0.02 Shear qtz-dol-chl weak 60

BG11-128 177.08 177.10 0.02 Slip hem-chl-carb-qtz moderate 35

BG11-128 182.42 182.44 0.02 Slip chl-qtz-dol moderate 55

BG11-128 226.00 226.20 0.20 Shear sil-chl-py strong 20

Start of a highly sil'd New Zone w 10-15%

sulphide

BG11-128 230.20 230.35 0.15 Shear ser-ank-chl strong 60

Localized shear marks major start of change

in lithology

BG11-128 231.20 231.35 0.15 Slip chl strong 15 slip flt w ass ank-qtz-chl py min'd vn

BG11-128 237.65 237.75 0.10 Slip ank-chl moderate 15

BG11-128 244.13 244.16 0.03 Slip qtz-chl moderate 65

BG11-128 248.60 252.00 3.40 Broken Ground

BG11-128 282.50 283.10 0.60 Shear chl-carb-ser-qtz strong 65

Large shear zone is gradational contact

between FP and diorite

BG11-128 303.60 303.66 0.06 Shear qtz-carb-chl-moly w py moderate 50

BG11-128 308.47 308.52 0.05 Slip qtz-carb-chl-moly moderate 50

BG11-128 313.46 313.50 0.04 Slip qtz-moly vn w py moderate 35

BG11-128 326.10 330.20 4.10 Shear

sheared carb vns -chl-

ser moderate 55

BG11-128 333.70 333.85 0.15 Shear qtz-carb-chl w py strong 75

BG11-128 336.00 336.70 0.70 Shear carb-chl-epd moderate 70

BG11-128 356.25 356.30 0.05 Shear chl-carb weak 70

BG11-128 362.51 362.53 0.02 Slip moly moderate 65

BG11-128 382.00 387.60 5.60 Broken Ground

BG11-128 462.50 462.60 0.10 Slip chl-carb strong 15 flt slip

BG11-128 522.60 527.50 4.90 flt

Main Bidgood Break

with Flt gouge from

525.9 to 526 m strong 25

heavily sheared and chl alt'd w carb

veining and py mineralization

BG11-128 535.20 544.60 9.40 Shear

Shear zone related to

Bidgood Main Break w

qtz-dol-chl alt + py strong 30

BG11-128 600.45 600.50 0.05 Slip chl-carb weak 55

BG11-128 601.15 601.25 0.10 Slip qtz-carb-chl w py moderate 15

BG11-128 609.13 609.18 0.05 Shear

chl-ser-carb shear

followed by a 20 cm

sil'd zone strong 45

BG11-128 621.25 621.45 0.20 Shear carb-chl moderate 35

BG11-128 647.15 647.30 0.15 Shear

carb+chl+brittle

frac'ing weak 40 30 to 45 deg TCA

BG11-128 648.30 648.32 0.02 Slip chl - slip-flt weak 25

BG11-128 653.20 653.50 0.30 Shear chl+carb weak 45

BG11-128 654.30 654.34 0.04 slip chl+ser weak 60

BG11-128 654.60 655.30 0.70 Shear chl+ser+leuc flecs weak 70

BG11-128 660.40 660.44 0.04 Flt carb+chl+vn bx strong 50

BG11-128 665.20 665.60 0.40 Shear chl+ser+qtz-dol weak 65

BG11-128 678.70 679.00 0.30 Shear chl+15% carb vn'ing weak 35

BG11-128 689.90 689.92 0.02 Shear

local shear with carb

vn'ing weak 55

BG11-128 698.60 698.74 0.14 Shear

ser+chl at Diorite-FP

contact moderate 80

BG11-139 24.86 24.89 0.03 Slip chl-ser-qtz-carb moderate 45

BG11-139 27.44 27.48 0.04 Shear qtz-chl-epd strong 50

BG11-139 64.51 64.54 0.03 Slip chl weak 50

BG11-139 136.40 136.90 0.50 Slip qtz-carb-chl strong 0

BG11-139 142.30 142.70 0.40 Slip carb-chl-ser moderate 0

BG11-139 178.87 178.91 0.04 Slip

qtz-carb-chl vn adj to

slip strong 45

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BG11-139 198.01 198.02 0.01 Shear ser-chl moderate 40

BG11-139 199.91 199.94 0.03 Slip chl-ser-qtz weak 55

BG11-139 232.53 232.55 0.02 Shear qtz-dol-ank-ser moderate 75

BG11-139 240.50 245.30 4.80 Broken Ground RQD=30-40

BG11-139 244.56 244.58 0.02 Slip ank-dol-chl-ser moderate 80

BG11-139 268.00 276.00 8.00 Broken Ground RQD=40-60

BG11-139 284.70 288.00 3.30 Broken Ground RQD=40-50

BG11-139 291.30 293.00 1.70 Broken Ground RQD=20-30

BG11-139 294.65 294.67 0.02 Shear qtz-chl w py moderate 60

BG11-139 301.60 317.50 15.90 Broken Ground RQD=10-60

BG11-139 318.70 319.90 1.20 Fracture

Brittle fracturing

with chl-qtz-dol-carb moderate 25-35 TCA; Possible New Zone?

BG11-139 338.16 338.19 0.03 Shear qtz-carb weak 65

BG11-139 342.00 350.00 8.00 Broken Ground RQD=20-40

BG11-139 372.80 372.86 0.06 Shear hem-chl-carb-qtz moderate 45

BG11-139 405.45 406.25 0.80 Shear

Zone w both carb/sil

alt + qtz-carb-chl-hem-

ser veining w py min'd strong 45

lavender alteration w qtz-dol vns, flt slips, ser

alt + tr sulphide

BG11-139 410.00 411.00 1.00 Ground Core

BG11-139 413.00 419.60 6.60 Fracture

brittle fracturing w

qtz+carb+chl w 2-

15% py overall strong

25-35 TCA; South Zone Structure #1 or #2

V

BG11-139 429.10 429.15 0.05 Shear qtz-carb-chl moderate 50

BG11-139 449.28 449.30 0.02 Fault

flt w adj min'd carb-chl

vn moderate 45

BG11-139 450.20 450.30 0.10 Fault flt slips w carb-qtz-chl moderate 25

BG11-139 471.80 471.83 0.03 Slip chl-carb weak 80

BG11-139 485.26 485.28 0.02 Slip hem-chl weak 55

BG11-139 511.70 513.80 2.10 Fracture

Brittle fracturing w

qtz-carb vning + 25-

30% py strong

10-20 TCA; possible 20 VN part of a larger

min'd zone btw 506.9-514.1m w 2-20%

sulphide min'd in py vns @5-25TCA

BG11-139 534.65 534.75 0.10 Shear qtz-carb-hem-chl strong 80

BG11-139 545.58 545.60 0.02 Fault

qtz-carb vn adj to chl'd

flt weak 20

BG11-139 548.70 554.00 5.30 Fault

Main Bidgood Break

with flt gouge btw

549.95-550.1m strong 20

heavily sheared and chl alt'd w carb

veining and wk py mineralization; within

Main Break apart from main flt gouge

other small flt at 551.45m @30 TCA

BG11-139 556.74 556.76 0.02 Fault

min'd chl-carb vn adj

to flt moderate 30

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Hole_ID From To Lith 1 Lith 2 Lithology Name Colour1 Colour2

Grain

Size 1

Grain

Size 2 Text Text Description

BG11-128 0.00 5.20 Casing

BG11-128 5.20 11.35 13e Syenite dk red gy blue aph fine

non to weakly magnetic; mafic syenite to more basic syenite downhole; 1-2% late wt to pk 0.1 -0.5

cm dol-ank vns some w vuggy texture; 0.1 cm chl'd fracs + chl'd clots throughout + 1-2% diss py in

zones; from 9.7-9.9 m dk red w large >2 cm chl clots w ass 5% cse diss py; lower contact sharp

@35 TCA

BG11-128 11.35 26.80 FP Feldspar Porphyry pk red gn tan fine

non magnetic; 0.1-0.3 cm wt felds phenos often chl'd; 1-2% 0.1-0.3 cm late pk to wt dol-ank vns;

perv red oxy'd hem in zones + green chl'd in fracs and zones; btw 19.6-19.8 m lg gn intrusive

porphyry w coarser glassy 0.5 cm qtz phenos + 2% mg diss py along fracs; lower sharp contact

@30 TCA

BG11-128 26.80 34.10 2f Tuff red gny blk fine

non-magnetic; gritty fine matrix with rare round to sub round chl'd clasts; perv red oxy'd hem + ser in

<0.1 cm fracs; 1% 0.1-0.2 cm carb vns + blk qtz-dol vns; lower sharp contact @40 TCA

BG11-128 34.10 74.50 13e Syenite dk red tan pk aph fine

non magnetic; chl'd fracs + rare subrounded chl'd clasts; qtz-dol vns @20-65; py ass w >0.1 cm chl'd

fracs + qtz-carb vns + tr fg diss; Min'd zones: 50.4-51, 52.35-52.34-52.38; Gradual lower contact

@20 TCA

BG11-128 74.50 83.45 FP Feldspar Porphyry lg gn pk red fine

non magnetic w 0.1-0.2 cm wt felds phenos often chl'd + chl clasts; Sharp lower contact min'd chl slip

@15 TCA

BG11-128 83.45 85.75 2f Tuff red gn fine

non magnetic; gritty fine matrix w sil'd areas/clasts + 1% qtz-dol vns @35-45; py ass w 0.1 cm chl'd

fracs + rare subrounded chl clasts; gradual lower contact @55 TCA

BG11-128 85.75 106.40 FP Feldspar Porphyry gny gy gy pink fine

non-magnetic w 0.1-0.2 cm wt felds phenos often chl'd; subrounded chl clasts also present some

ranging up to 5 cm at 115.8 m; btw 95.1-95.35 larger <0.5 cm clasts and almost bimodal texture w

glassy qtz phenos; Sharp lower contact @50 TCA

BG11-128 106.40 107.20 2f Tuff gy gn fine

non magnetic and gritty fine grained matrix; cse diss py conc in chl'd zones; <1% 0.1 cm carb vns;

sharp lower contact @35 TCA

BG11-128 107.20 130.00 FP Feldspar Porphyry gy pink dk gn fine

non-magnetic w 0.1-0.2 cm wt felds phenos often chl'd; 1% late wt 0.1-0.2 cm dol vns; sharp lower

contact @35 TCA

BG11-128 130.00 135.40 13e Syenite dk red aph fine non magnetic; chl'd fracs + 2-3% subrounded chl'd clasts; sharp lower qtz-ank vn contact @45 TCA

BG11-128 135.40 189.00 BP Bimodal Porphyry dk red fine med

non magnetic; phenocrysts range from 0.1-1 cm w bth wt to pk felds phenos + glassy qtz phenos; lg

phenos are euh cubes whereas smaller phenos are anh + subrounded; 2% spec hem in qtz-carb

vns + diss; gradational trailing contact @50 TCA

BG11-128 189.00 198.40 13e Syenite dk red lg pk fine

non magnetic; chl'd fracs + rare subrounded chl'd clasts; 1-2% qtz-ank vns @10-60; mod red oxy'd

hem sections w 1-10% py in fracs representing wk new zone; btw 194.5-198.4 zone stronger

representing New Zone? w grey-blue qtz vns w >50% cse py; Min'd zones: 194-194.3, 195.15-

195.17, 197.35-198.3; gradational trailing contact @15 TCA

BG11-128 198.40 207.45 FP Feldspar Porphyry lg gn tan pk fine

non magnetic w 0.1-0.2 cm wt felds phenos often chl'd gn + ; minimal veining w 1% qtz-carb vns @15-

90; sharp lower contact @40 TCA

BG11-128 207.45 226.00 13c Diorite dk gn lg gn fine

non magnetic; 5% late white carb vn'ing + 1-3% diss py in matrix, occasionally in carb vn'ing; 2-20%

leux esp in min'd zones; Min'd zones: 220.7-221.6; sharp lower contact at hly sil'd mineralized slip

and subsequent shear zone @20 representing start of a new New Zone

BG11-128 226.00 283.00 FP Feldspar Porphyry mar red lg pk fine

non magnetic; 0.1-0.2 cm wt felds phenos + subrounded chl clasts; 1-3% 0.1-3 cm late carb veining

@15-65 incl a brecciated qtz-carb vn at 251m @45; begining of lithology is hly sil'd new New Zone

btw 226 to 228.2 w 10-30% sulphide btw 227.6-228.2 hosted in chl'd slips/fracs + ass w late ank vns

+ groundmass replacement; the new New Zone is followed by a ser-ank shear zone btw 228.8-230.3

m @60 which marks begining of change in lithology from diorite to FP at 230.35; spec hem

increases w depth to 2-3% near contact; Min'd zones: 226-226.3, 227.6-228.2, 231.3-231.35; lower

contact extremely gradational chl-carb shear zone btw 282.5-283.1 @65

BG11-128 283.00 540.40 13c Diorite dk gn fine

non magnetic in min'd or alt'd zones to magnetic in fresh zones; 2-5% late wht to pk carb vning gen

@25-85 and occasionally min'd; 1-3% diss py in matrix often ass w areas of leux, up to 20%; <1-3%

diss spec hem in groundmass; 1-4% epd vns + alt as spots common; magn rare but can be found in

the groundmass as replacement; alt commonly chl + silicified zones; RQD= 80-90 w zones of BG;

btw 326.1-330.2 shear zone w sheared carb vns + sil'd zones + perv chl + ser alt; zones such as

from 342 to 348m and 480 to 505m show heavy epd alt w 10% epd veining and spotting and less

late carb veining; btw 382-387.6 m hly broken ground followed thereafter by an alteration zone btw

391.7- 405 m which is characterized by lg gn to gt pk colouration due to perv chl + carb alt, shearing,

pk carb veining + zones of sil alt; in this alt zone min is found in a carb alt'd weak zone w 3-5% py in

fracs btw 398.2-398.6m, 50% leux and 5% mg diss py btw 399.2-399.6m and 20% leux and 25% mg

diss py btw 403.7-404.4m; btw 415-415.1 small porphyry intrusive in diorite w 0.2 cm felds phenos;

Main Break btw 522.6-527.5m w main flt gouge at 525.9-526m; Main Break characterized by heavy

shearing @25, chl alt + carb veining; Main Break min'd btw 522.8-523m w>80% cse py hosted in a

BG11-128 540.40 541.70 150 Stope

BG11-128 541.70 646.00 13c Diorite dk gn fine

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BG11-128 646.00 665.50 13cbx Diorite Breccia med green pale green fine med

non-magnetic; similar to previous unit with perv weak to mod chl alt'n with sections of leuc flecs but

rounded to sub angular clasts up to 6cm in diameter some looking 'absorbed'; occasional localized

shear sections <20 cm wide with brittle frac'ing + up to 20 % carb-qtz+qtz-ank vn'ing

BG11-128 665.50 698.74 Diorite med green dk green fine med

magnetic with non-magnetic sections with clots filled with magnetite and 690.65 to 690.75m 7cm

wide magnetic band at 45 deg TCA ; blotchy appearance with chl'd amygdules or phenocrysts mod

to strong chl alt'n; mod pale white late carb vn'ing; 681.6 to 682.65m possible feldspar porphyry

intrusive; 683.6- 684.2m fg diorite dyke with 3-5% fg py diss in matrix, low angle TCA irregular

contact at 683.6m; 698 to FP contact mod frac'ing with ser+chl+ one to two 0.5cm purple -white carb

vn'lets; lower contact definitive at 70 deg TCA

BG11-128 698.74 702.00 Feldspar Porphyry dk mauve aph med non-magnetic; mauve coloured, bimodal sized feld pheno's; weak frac'ing with carb+ chl; 702m EOH

BG11-139 0.00 6.00 Casing

BG11-139 6.00 13.85 13e Syenite dk red grey fine

non magnetic; chl'd fracs + rare subrounded chl'd clasts; 1% wt to pk dol vns gen @40-50; >2% py

ass w chl vns + chl'd fracs w 2-7% py in fracs btw 12.3-14.2m; Min'd @13.4-14.3; gradational lower

contact @30 TCA

BG11-139 13.85 24.75 FP Feldspar Porphyry lg gn fine

non magnetic; 0.1-0.3 cm wt to gn felds phenos + glassy qtz phenos + larger subrounded chl'd

clasts; late pk to wt dol-ank vns @10-60; 1-3% fn to mg py ass w chl fracs + diss in the groundmass;

gradational min'd lower contact @35 TCA w 3-7% py in fracs

BG11-139 24.75 27.45 2f Tuff red dk grey fine aph

non magnetic; grainy texture; ser + chl alt in fracs w tr fg py; lime green tuff intrusive btw 28.6-29.2m

w ser + chl alt + 1*15 cm qtz-chl vn @35; sharp lower qtz-chl-epd shear zone contact @50 TCA;

BG11-139 27.45 82.65 13e Syenite dk red lg pk fine

non magnetic to wkly magnetic usually in dk red fresh zones; chl'd/ser'd fracs + rare subrounded

chl'd clasts; 1-3% py ass along fracs + within chl'd clasts; color change from dk to red more lg pk and

slighty bleached at 45.3m and min'd increases w 2-7% py hosted along vns + in chl'd zones + in

fracs; sharp lower contact @45 TCA;

BG11-139 82.65 132.07 13c Tuff dk gn to red lime green fine aph

non magnetic w small patchy sections where weakly magnetic; bedding gen @30-45 TCA; sections

of fg argillite-wacke light lime green coloured such as btw 117.6-118.5m; 1-3% late wt to pink dol

vning @10-85; chl, hem, sil, ser + carb alt in zones; 2-15% leux in min'd zones; 1-5% fn to cse py

diss + ass w chl'd zones and fracs + along qtz-carb vns; btw 100-102.6 coarse grained section

poorly sorted - fled x-stals possibly x-stal tuff section; btw 116.3-116.5m 0.1-1 cm subrounded qtz +

feldspar clasts present indicating poss porphyry dyke; very sharp lower contact min'd contact at a

qtz-carb-chl vn w 3% cse py @35;

BG11-139 132.07 152.70 FP Feldspar Porphyry tan pk lg gn fine

non magnetic; 0.1-0.3 cm wt felds phenos + glassy to wt qtz phenos + larger 0.2-1 cm subrounded

chl'd clasts; porphyry changes throughout from light gn w minimal veining and subdued glassy

phenos to dk red w 1-2% carb veining + strong wt phenos; Sharp lower contact @50

BG11-139 152.70 213.20 BP Bimodal Feldspar Porphyry dk red fine med

non magnetic; porphyry changes from feldspar porphyry to bimodal feldspar porphyry w larger wt to

pk euhedral cube phenocrysts ranging up to 1.5 cm along w the smaller 0.1-0.4 cm phenos within a

dk red groundmass; bimodal porphyry is fresh w ser alt btw phenos + hem vns + large qtz-carb vns +

mn sulphide, usually tr and diss; porphyry changes from bimodal to feldspar porphyry at a sharp

min'd contact @30 w ass 5% cse py in vns;

BG11-139 213.20 267.50 FP Feldspar Porphyry red to pk lg gn fine

non magnetic; 0.1-0.3 cm wt to lg gn felds phenos + glassy to wt qtz phenos + minor larger 0.2-1 cm

subrounded chl'd clasts; 1-3% diss spec hem as subrounded 0.1-0.8 cm clasts; porphyry changes

throughout from light gn w minimal veining and subdued glassy phenos to lg to dk red w 1-2% carb

veining + strong wt phenos; 1% qtz-dol-ank vns @15-45 w tr fg py + spec hem; <2% py also ass w

chl'd fracs + diss; both wt dol + pk ank present in vns; sharp lower min'd contact @30

BG11-139 267.50 576.00 13c Diorite dk gn fine aph

magnetic to non magnetic in zones, usually min'd or highly alt'd/sil'd; very wkly or non magn until

287m then magnetic from 287-293m, non mag btw 293-302m, magnetic btw 302-545.5m except in

min'd + heavily alt'd zones, in zones where magn <0.5 cm magnetite vns common; non magnetic

545.5-576m EOH; 2-4% late wt dol vns @35-75 + less common pk ank vns; large areas of broken

ground throughout diorite; 1-5% epd alt as vuggy vns + epd blobs, such as btw 454-469.5m w 5-7%

epd vns, blobs and areas w >50% epd ; btw 318.7-319.9m New Zone? sil'd w 15% mauve leux +

10-15% py along vns + diss + along fracs; at 342m in ass w dol vns @60 2-3% chalco (some

showing brown ox to cuprite?) + irredescent bornite + spec hem is diss within the vns and adj in the

groundmass; btw 348.6-349.3m 0.1-0.4 cm wt to clear qtz + pk carb phenocrysts within groundmass

containing epd + magn; this "spotted" texture is also seen in other areas of the diorite such as btw

391.3-391.9m where there is >25% leux + red felds phenos; btw 413-419.6m South Zone VN #1

or #2 Structure characterized by grey sil + carb alt, 10-15% leux, 2-15% py @35 TCA in py vns +

fracs + in ass w carb/qtz vns; best min'd zone in South Zone Vn Structure btw 417.6-417.9m where

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 8.40 9.40 C2875 1.00 <.03 chl'd fracs w tr fg diss py

BG11-128 9.40 10.50 C2876 1.10 <.03 chl'd fracs w 2% fg diss py; 5*1 cm chl vns @30-45 w 10% md to cse py

BG11-128 10.50 11.90 C2878 1.40 <.03 1% fg diss py + py filled fracs; 1*3 cm ser-chl shear zone w 2% mg diss py

BG11-128 11.90 13.20 C2879 1.30 0.206 2% fn to mg diss py + py filled fracs @25 w 5% ass diss py; 1*1 cm chl-ser vn @ 30 w 50% v cse diss py

BG11-128 13.20 14.50 C2880 1.30 <.03 hem to chl alt w 2% mg diss py ass w chl vns + fracs

BG11-128 16.40 17.80 C2881 1.40 0.069 2% fg diss py; 2*<0.5 cm chl vns w >40% cse py

BG11-128 17.80 19.10 C2882 1.30 <.03 2% fg diss py + 0.1 cm chl'd py filled fracs

BG11-128 19.10 20.40 C2883 1.30 <.03 1% fg diss py; lg gn intr w cse glassy 0.5 cm qtz phenos +1* 0.1 cm frac w 90% cse py

BG11-128 21.85 22.85 C2884 1.00 <.03 1*0.5 cm dol-chl vn @25 w 50% cse py

BG11-128 22.85 24.00 C2885 1.15 <.03 2% mg diss py + 0.1 cm py filled fracs; 1*0.3 cm chl'd frac w 80% cse py

BG11-128 24.00 25.10 C2886 1.10 0.480 2 cm dol-chl-ser flt shear @35 w 60% mg py; 2-3% py filled fracs throughout

BG11-128 25.10 26.10 C2887 1.00 <.03 1% 0.1-0.2 cm carb vns + 2*0.5-2 cm blk qtz-dol vns@25-30 w <1% ass cse diss py

BG11-128 27.20 28.60 C2888 1.40 <.03 <1% fg diss py; 2*0.5 cm bull qtz-ank vns @ 30 w spec hem

BG11-128 30.90 32.20 C2889 1.30 <.03 hly chl'd w 3-5% late dol vns + ser'd fracs; tr py ass w fracs

BG11-128 33.00 34.00 C2890 1.00 <.03 hly chl'd w 3-5% late dol vns + ser'd fracs; 2% md to cse diss py + py filled fracs

BG11-128 34.00 35.10 C2891 1.10 0.137

1*20 cm chl'd + ser'd qtz-ank vn @40 w 3-5% cse py ass w chl'd zones; 1*5 cm ser'd + chl'd qtz-ank vn@40 w

spec hem

BG11-128 36.55 38.00 C2892 1.45 <.03 red syn w 2-3% py filled fracs

BG11-128 38.00 39.40 C2893 1.40 <.03 red syn w 2-3% py filled fracs; 3*1 cm ser'd + chl'd qtz-dol vns @40-70

BG11-128 42.30 43.75 C2894 1.45 <.03 1% fg diss py + py in 0.1 cm fracs @30

BG11-128 43.75 45.20 C2895 1.45 <.03 <1% fg diss py + 2*2 cm chl-ank vns @25 w 4% cse py

BG11-128 45.20 46.65 C2896 1.45 <.03 1*1 cm peach bull dol vn @60 w spec hem; 2% py ass w whispy ser'd fracs + chl'd vns

BG11-128 46.65 48.20 C2897 1.55 <.03 1*0.5 cm peach bull dol vn @30 w spec hem; <1% py ass w chl'd vns/zones

BG11-128 48.20 49.60 C2898 1.40 <.03 1% fg diss py; py ass w <0.1 cm ser'd + chl'd fracs

BG11-128 49.60 50.35 C2899 0.75 0.343 1*3 cm ser-chl-qtz-dol vn@60 w 4% mg py; 4*<0.8 cm chl-ser vns @25-35 w 10% v cse py

BG11-128 50.35 51.20 C2900 0.85 1.680 1*30 cm zone w >80% cse diss py + chl-qtz-dol; 3*1-5 cm chl-ank vns @40 w >70% cse euh py 1.646 1.714

BG11-128 51.20 52.30 C2902 1.10 0.137 2% fn diss py + py filled fracs + py ass w chl'd zones

BG11-128 52.30 53.70 C2903 1.40 0.206

2-3% fn diss py + py filled fracs + py ass w chl'd vns/zones; 1*1 cm chl vn @20 w 30% cse py; 1*2.5 cm bull

qtz-ank vn @35

BG11-128 53.70 55.00 C2904 1.30 <.03 1% fn to cse py along <0.1 cm chl'd/ser'd fracs + in chl'd zones

BG11-128 59.60 60.70 C2905 1.10 <.03 1% fn to cse py along whispy <0.1 cm chl'd/ser'd fracs; 2*1 cm chl'd vns @45 w 30% cse py

BG11-128 63.00 63.90 C2906 0.90 <.03 <1% fn to cse py along <0.1 cm chl'd/ser'd fracs + in chl'd zones/clasts

BG11-128 63.90 64.75 C2907 0.85 0.274 5% py ass w a 5 cm qtz-ank-chl vn @30; 2-3% cse diss py ass w chl'd zones/clasts

BG11-128 64.75 66.00 C2909 1.25 <.03 1% fn to cse py along <0.1 cm chl'd/ser'd fracs + in subrounded chl clasts

BG11-128 66.50 67.50 C2910 1.00 <.03 1*2 cm chl-ank-dol-qtz vn @50 w 60% mg py; 1% fg diss py

BG11-128 70.40 71.70 C2911 1.30 0.960

hly sil'd + bleached zone w a 25 cm zone w 20% py diss + in chl-ank vns @30; 1*3 cm dol-ank-qtz-chl

vn @30 w 20% cse py; 1*20 cm bull pk qtz-dol vn @40 w adj 3% fg diss py

BG11-128 71.70 73.00 C2912 1.30 <.03 perv hem'd w 2% mg diss py ass w chl vns + fracs

BG11-128 77.40 78.40 C2913 1.00 <.03 chl'd w mg py ass w chl along 3 cm ank-qtz vn @30

BG11-128 81.00 82.00 C2914 1.00 <.03 1% py ass w chl'd fracs + zones

BG11-128 82.00 83.00 C2915 1.00 1.543

1*15 cm flt + ass brecciated qtz-ank vn @30 with a 5 cm zone of 95% cse py; adj <0.1 cm ser'd fracs w

2% fg py 1.509 1.577

BG11-128 83.00 84.00 C2916 1.00 2.023 1*8 cm chl slip contact @15 w 25-35% cse py; 3% fg diss py + <0.1 cm ser'd fracs 2.400 1.646

BG11-128 84.00 85.00 C2917 1.00 0.549 1-2% fg diss py + py ass w chl'd zones; 2*1 cm bull qtz-ank-dol vns @35

BG11-128 85.00 86.00 C2918 1.00 <.03 1% fg diss py + py filled fracs

BG11-128 89.30 90.15 C2919 0.85 0.137 chl'd zones w mg diss py; 1*10 cm dol-sil alt'd zone w 3% fg diss py + py filled fracs

BG11-128 94.90 96.00 C2920 1.10 0.274 2*1-3 cm chl-ank vns @25-30 w 10% cse py

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 102.60 104.00 C2921 1.40 <.03 hly chl'd w 2% mg diss py

BG11-128 104.00 105.00 C2922 1.00 3.258 2*1-2 cm chl-ank vns @5-25 w 85% cse py 3.909 2.606

BG11-128 105.00 106.40 C2924 1.40 <.03 chl'd w tr py along fracs

BG11-128 106.40 107.20 C2925 0.80 0.069 2*1-3 cm chl'd zones in small tuff zone @20-25 w 25% cse diss py

BG11-128 107.20 108.45 C2926 1.25 <.03 1% py along 0.1 cm chl'd fracs

BG11-128 109.80 111.00 C2927 1.20 <.03 4*0.1-0.2 cm ser'd + chl'd fracs @15 w 2% mg py

BG11-128 117.00 118.20 C2928 1.20 <.03 ser'd chl-carb flt @10 w tr fg diss py

BG11-128 118.20 119.70 C2929 1.50 0.069 chl-dol-ank shear @45 w tr fg diss py

BG11-128 123.40 124.50 C2930 1.10 <.03 1*3 cm ser-chl-carb-qtz slip @35 w <1% v cse py blobs + 0.1 cm py filled fracs

BG11-128 128.30 129.95 C2931 1.65 <.03 hly chl'd w 1% fg diss py + py ass w chl'd clasts

BG11-128 129.95 131.20 C2932 1.25 0.274 2-3% diss fg py + cse diss py ass w hly chl'd zones/clasts

BG11-128 135.00 136.10 C2933 1.10 <.03 1*1 cm bull qtz-ank-ser-chl contact vn @45

BG11-128 139.00 140.20 C2934 1.20 <.03 hly ser'd w a 1*8 cm bull qtz-ank-dol-chl vn @65

BG11-128 150.50 152.00 C2935 1.50 <.03 hly ser'd w 6*0.5-3 cm qtz-ank-dol vns @25-35 w >20% spec hem

BG11-128 152.00 153.30 C2936 1.30 <.03 1*40 cm flt w blk qtz + BFP breccia @15; 1*3 cm qtz-carb vn @10 w 1% spec hem

BG11-128 167.60 168.70 C2937 1.10 <.03 3*0.5-1 cm bull qtz-dol vns @30-40; 1*2 cm wt/gy qtz vn@25 w tr diss py

BG11-128 174.45 175.65 C2938 1.20 <.03 hly hem'd w ser'd fracs; 1*0.8 cm dol-ank-qtz vn @10 w 2% spec hem

BG11-128 187.60 188.70 C2939 1.10 <.03 fresh BFP sample

BG11-128 188.70 190.10 C2940 1.40 0.069 contact btw BFP/syenite @50; FP sil'd w 1*1 cm chl-ank vn @30 w 80% cse py; 2% mg py along fracs

BG11-128 190.10 191.40 C2942 1.30 0.343 Weak New Zone: 2% cse diss py + py ass w fracs; 1*0.2 cm ank-chl vn @10 w 3% mg py

BG11-128 191.40 192.50 C2943 1.10 0.206 Weak New Zone: 3% cse diss py + py ass w fracs

BG11-128 192.50 193.90 C2944 1.40 <.03 tr fg diss py

BG11-128 193.90 194.75 C2945 0.85 0.343 2-3% cse diss py + py ass w fracs; 1*1 cm qtz-carb vn @35 w 10% cse py

BG11-128 194.75 195.50 C2946 0.75 1.098

New Zone?: 1-90% diss py + py ass w fracs + replacement py in groundmass + py ass w blue grey qtz vns +

py ass w qtz-carb-chl vns; 3% md to cse diss py + 2*0.4-1 cm qtz-carb-chl vn @25 w 70% cse py 1.166 1.029

BG11-128 195.50 196.30 C2947 0.80 0.480

As described in 194.75-195.50; 3-5% cse diss py + py filled fracs incl 1*0.3 cm frac w 90% cse diss py +

poss vg?

BG11-128 196.30 197.35 C2948 1.05 0.754

As described in 194.75-195.50; 3-5% cse diss py + py filled fracs; 1 cm replacement py blobs in

groundmass

BG11-128 197.35 198.20 C2949 0.85 6.926

As described in 194.75-195.50; 3-5% cse diss py + py filled fracs; 1*30 cm zone w 40% cse py ass w

fracs, vns and as replacement in groundmass; 1*40 cm sil'd zone w 30% blue qtz vning @25 w 10-50%

md to cse py 7.406 6.446

BG11-128 198.20 199.60 C2951 1.40 2.332 1% fg diss py; 1*2 cm blue qtz vn'd zone w 40% cse diss py 2.674 1.989

BG11-128 199.60 201.00 C2952 1.40 0.343 tr fg diss py; 1*0.2 cm qtz-ank vn @10 w 40% cse py; 1*0.5 cm qtz-ank-chl vn @55 w 90% blocky cse euh py

BG11-128 201.00 202.50 C2953 1.50 0.686 1*1.5 cm qtz-ank-chl vn @60 w 90% blocky cse euh py

BG11-128 202.50 204.00 C2954 1.50 0.137 tr fg diss py; 2*2 cm bull qtz-carb vns @50

BG11-128 204.00 205.45 C2955 1.45 0.206 1% fg diss py + py ass w chl'd zones; 1*1 cm bull qtz-carb-chl vn @25

BG11-128 205.45 206.90 C2956 1.45 0.206 1-2% fg diss py + py ass w fracs; 1*25 cm forest gn QFP intr w larger glassy qtz phenos

BG11-128 206.90 208.30 C2957 1.40 0.343 FP/diorite contact @40 w 1% fg diss py + 3*0.3-0.5 cm qtz-carb vns @35-40 w 20% mg py

BG11-128 208.30 209.80 C2958 1.50 0.274 1*20 cm sil'd zone w 15% md to cse diss py + py filled fracs; 2% leux

BG11-128 209.80 211.10 C2959 1.30 0.343 10% leux w 1-2% diss mg py + py filled fracs; 3% late dol vns @15-80 w occasional py

BG11-128 211.10 212.50 C2960 1.40 0.274 1*1.5 cm qtz-carb-chl vn @15 w 70% cse py; 2*0.1-0.5 cm py filled fracs @45 w 50% cse py

BG11-128 212.50 213.90 C2961 1.40 0.274 fresh w 3% late dol vns @15-80 w occasional py incl 2*0.1-0.2 @15 w 15% cse py

BG11-128 213.90 215.40 C2962 1.50 0.206 1*0.5 cm dol vn @60 w 15% cse py + py filled fracs

BG11-128 215.40 216.85 C2963 1.45 0.069 1-2% fg diss py + mg py filled fracs + py ass w late dol vns @20-80

BG11-128 216.85 218.30 C2964 1.45 0.069 fresh diorite 2% late dol vns

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 218.30 219.60 C2965 1.30 0.069 2% leux w 1% fg diss py

BG11-128 219.60 220.70 C2966 1.10 0.069 3% late dol vns @15-80 w occasional py incl 1*1.5 cm dol vn @70 w 6% cse py

BG11-128 220.70 221.80 C2967 1.10 10.286 hly sil'd 80 cm zone w 5-12% fn to mg py incl w a 2 cm qtz-carb vn @0 w >90% fn to mg py 9.874 10.697

BG11-128 221.80 223.00 C2969 1.20 0.274 20% leux w 1% fn to mg diss py

BG11-128 223.00 223.70 C2970 0.70 0.274 20% leux w <1% fn to mg diss py

BG11-128 223.70 224.70 C2971 1.00 0.549 10% leux + 1-2% md to cse diss py + 1*0.5 cm vn @0 w 50% cse py

BG11-128 224.70 225.95 C2972 1.25 0.137 10% leux + 1% late dol vns @20-60 w occassional fg py

BG11-128 225.95 226.80 C2973 0.85 2.469

1*20 cm sil-chl-py shear zone @20 w 40% md to cse py; 1*30 cm hly sil'd zone w 3-5% cse diss py + py

filled fracs 2.469 2.469

BG11-128 226.80 228.00 C2974 1.20 2.915

hly sil'd w 5% mg to cse diss py + py filled fracs + py ass w zones of grey qtz; 1*30 cm zone w 1*1 cm

ank vn @35 adjacent to 70% cse euh blocky diss py 2.949 2.880

BG11-128 228.00 229.00 C2976 1.00 2.023

1*30 cm sil'd zone w 60% cse euh blocky py + 4*0.5-2 cm dol vns @35-55; moving into sheared chl-ser-carb

zone 2.057 1.989

BG11-128 229.00 230.10 C2977 1.10 <.03 lg gn w carb-ser-chl alt zone; 1*1 cm ank-chl vn @10 w 2% fg py + arseno?

BG11-128 230.10 231.00 C2978 0.90 0.069 1*5 cm ser-ank-chl shear @60 w 5% fg diss py which marks the change in lith to FP w 2% mg diss py

BG11-128 231.00 231.90 C2979 0.90 0.069 strong chl slip flt @15 w ass dol-qtz-chl vns w a 1 cm py vn @40 w 90% cse euh blocky py

BG11-128 231.90 233.00 C2980 1.10 <.03 1% fg diss py + spec hem in late dol vns @15

BG11-128 233.00 234.00 C2981 1.00 <.03 tr diss py + spec hem; 1% bull qtz-dol vns @15

BG11-128 234.00 235.20 C2982 1.20 0.206 ser'd + hem'd <0.1 cm fracs + late carb vns; 1*0.2 cm frac w a 1 cm blob of cse blocky py

BG11-128 235.20 236.60 C2983 1.40 0.137 ser'd + hem'd <0.1 cm fracs + late dol/ank vns occasionally w 1% py

BG11-128 236.60 238.10 C2984 1.50 <.03 1*1.5 cm bull ank-chl slip @15; tr py filled fracs incl 1*0.1 cm frac w a 1 cm blob of cse py

BG11-128 238.10 239.60 C2985 1.50 0.343 2-3% late carb veining

BG11-128 239.60 240.90 C2986 1.30 <.03 1% late carb veining

BG11-128 244.00 245.05 C2987 1.05 <.03 qtz-chl slip @65 w blk qtz; 2% late carb vns

BG11-128 245.05 246.30 C2988 1.25 <.03 <1% diss fg py + py filled fracs

BG11-128 246.30 247.20 C2989 0.90 0.069 1% fg diss py + 1*0.6 cm qtz-carb-hem vn @ 25 w 10% mg py

BG11-128 251.00 252.00 C2990 1.00 0.137 3% diss spec hem; 1*4 cm brecciated qtz-carb vn @40 w tr ass py

BG11-128 254.65 255.95 C2991 1.30 0.206 3% diss spec hem; 2*0.4 cm grey qtz vns @75 w 2-3% fg py + spec hem

BG11-128 258.00 259.25 C2992 1.25 <.03 <1% fg diss py + py ass w ser'd fracs; 1*1 cm vuggy qtz-ank-dol vn @25 w 1% diss spec hem

BG11-128 267.70 268.90 C2993 1.20 0.343 tr diss py + spec hem

BG11-128 268.90 270.00 C2994 1.10 0.206 1*0.5 cm qtz-carb-ser-hem vn @0 for 80 cm w 3-5% cse py

BG11-128 271.00 272.05 C2995 1.05 0.137 1% spec hem + fg diss py; 2*0.2 cm hem'd + chl'd fracs @15 w 15% cse diss py + chalco;

BG11-128 273.85 275.30 C2996 1.45 0.411 2% spec hem + fg diss py; 1*0.4 cm qtz-chl-carb vn @0 w 10% cse diss py

BG11-128 280.50 281.30 C2997 0.80 0.206 1-2% cse diss py + py ass w chl'd zones + py filled fracs

BG11-128 281.30 282.35 C2998 1.05 <.03 1*10 cm qtz-dol-ank vn @70 w 3% cse py in blobs + mn ass fg diss py; entering hly ser'd + chl'd shear zone

BG11-128 282.35 283.30 C2999 0.95 0.069 1*60 cm carb-qtz-ser-chl shear zone @65 which is the gradational contact between FP/diorite

BG11-128 283.30 284.40 C3000 1.10 <.03 diorite w 1-2% late pk to wt carb vns @~65

BG11-128 286.80 287.80 C3001 1.00 0.206 diorite alt'd red due to diss spec hem + carb; 1*0.5 cm chl vn @20 w 70% cse py; mn epd spots

BG11-128 299.80 300.85 C3002 1.05 <.03 1-2% late wht carb vning @40-80; 1% epd alt

BG11-128 300.85 302.10 C3003 1.25 0.206 3% leux w 4% fn to cse diss py; 1*0.5 cm bull carb-chl-moly vn @20 w adj 6% cse diss py

BG11-128 302.10 303.40 C3004 1.30 0.206 4% leux w 2% md to cse diss py

BG11-128 303.40 304.60 C3005 1.20 0.137

1*5 cm qtz-chl-carb-moly localized shear zone @50 w 3% fn to mg diss py + py ass w chl'd fracs; hly chl'd +

2% leux around shear zone w increasing epd distally

BG11-128 308.20 309.60 C3006 1.40 0.411 1*5 cm bull qtz-chl-carb-moly slip @35; tr py along fracs; epd alt as blobs

BG11-128 311.05 312.30 C3007 1.25 0.480 chl'd and sil'd wk zone w 5% leux + py incl 2*0.3 cm chl-ser vn @25 w 5% cse py;

BG11-128 312.30 313.70 C3009 1.40 0.549 1*5 cm qtz-moly vn @35 w 1% cse py

BG11-128 313.70 315.00 C3010 1.30 <.03 1*1 cm carb-chl vn @65 w 2% cse py

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 319.30 320.35 C3011 1.05 <.03 2% leux w 1% fg diss py; 1*0.4 cm chl-carb vn @0 w 5% cse diss py

BG11-128 323.25 324.60 C3012 1.35 <.03 2*4-10 cm sheared zones of bull carb-qtz vns w chl + ser alt @65-75

BG11-128 324.60 326.10 C3013 1.50 <.03 2% leux; weakly sheared + chl'd w 1*1 cm qtz-carb vn @80 w tr fg py + spec hem

BG11-128 326.10 327.50 C3014 1.40 <.03 Sheared carb vns w chl + ser alt to groundmass; tr py ass w qtz-carb vns

BG11-128 327.50 329.00 C3015 1.50 <.03 Sheared carb vns w chl + ser alt to groundmass; 1% py ass w <0.1 cm chl'd fracs + qtz vns

BG11-128 329.00 330.40 C3016 1.40 <.03 End of sheared zone w 0.2-3 cm hem clasts + 1*1 cm hem'd chl'd and ser'd carb vn @30

BG11-128 330.40 331.80 C3017 1.40 0.137

1-2% py and spec hem ass w chl'd zones + 3*1-3 cm qtz-carb vns @30; tr brassy chalco + purple blue born?

also present in carb vns

BG11-128 331.80 333.00 C3018 1.20 <.03 1% fg diss py and spec hem + 1*0.5 cm carb-hem-chl vn @0 w 0% cse py

BG11-128 333.00 334.00 C3019 1.00 0.069 1*20 cm chl-carb-qtz-moly shear zone @75 w 2% cse diss py + spec hem

BG11-128 335.65 337.10 C3020 1.45 <.03 1*70 cm bull carb-epd-chl shear @70; hem'd + chl'd clasts

BG11-128 337.10 338.50 C3021 1.40 <.03

1% cse py diss + along <0.1 cm fracs; 2% late carb vns @15-80 occassionally w mn diss py + chalco + moly +

irredescent purple/blue bornite?

BG11-128 355.95 357.30 C3022 1.35 <.03 1*5 cm chl-carb shear @70 w tr fg diss py

BG11-128 357.30 358.60 C3023 1.30 <.03 1*0.5 cm carb vn @15 w >80% cse py; 3% cse diss py + ass w fracs + along late carb vns

BG11-128 358.50 359.90 C3025 1.40 <.03 1-2% fg diss py; 1*15 cm chl'd zone w 1 cm bull qtz-carb vns @65-75

BG11-128 366.00 367.00 C3026 1.00 <.03 1*20 cm bull qtz-carb-chl vn @10; mn epd alt

BG11-128 369.60 371.00 C3027 1.40 <.03 2% leux ass w a 30 cm of 2% fg diss py + mg py along <0.1 cm chl'd fracs

BG11-128 371.00 372.40 C3028 1.40 <.03 4% leux w 1% md to cse diss py; 1*5 cm qtz-carb-chl vn @30 w 1% fg diss py

BG11-128 372.40 373.90 C3029 1.50 <.03 4% leux w 2% md to cse diss py + py along fracs; 1*15 cm chl'd + carb alt zone w >50% cse diss py

BG11-128 375.10 376.50 C3030 1.40 <.03 1-2% leux; 1-2% py ass w carb vns + chl'd fracs @15-25

BG11-128 376.50 378.00 C3031 1.50 0.686 fresh, 2% late carb vns incl 1*5 cm vuggy carb-qtz-chl vn @60 w 1% cse py

BG11-128 379.45 380.60 C3032 1.15 0.069 1-2% fg diss py + md to cse py along chl'd fracs

BG11-128 391.00 392.40 C3033 1.40 <.03 beginning of alt zone, hly chl'd w 1*2 cm ser'd + sheared carb vn @80

BG11-128 392.40 393.80 C3034 1.40 <.03 chl'd w 2% pk late carb vns; 1*5 cm sil'd zone w 0.1-1 cm sheared carb + qtz vns @60-70 w tr fn to mg py

BG11-128 393.80 395.20 C3035 1.40 <.03 chl'd and sheared w 2-3% late pk carb vns; 1% fg py along fracs + 1*0.4 cm chl'd gy qtz vn @50 w 1% fg py

BG11-128 395.20 396.65 C3036 1.45 <.03

chl'd and sheared w 1-2% fg diss py + py conc along fracs; 1*2 cm qtz-carb vn @80 w 15% cse py + 4*1 cm

qtz-carb vns @15-60 w 15% mg to blocky cse py

BG11-128 396.65 398.10 C3037 1.45 <.03

chl'd and sheared at begining w <1% fg diss py followed by perv carb alt w 3-4% cse diss py + 10-20% cse py

ass w <0.1 cm fracs @<15

BG11-128 398.10 399.00 C3038 0.90 0.137 perv carb alt w 3-4% cse mg to cse diss py + py ass w fracs

BG11-128 399.00 399.65 C3039 0.65 <.03

carb alt w mauve appearance w 30% leux? + 2% md to cse py along fracs; 1*1 cm mag vn @25 ass w late pk

carb vns + crosscuting py filled fracs

BG11-128 399.65 400.80 C3041 1.15 <.03

carb alt w >30% mauve <0.1 cm leux; 1-2% md to cse diss py + py filled fracs; 1% late carb vns @25-65 some

w tr fg py

BG11-128 400.80 401.60 C3042 0.80 0.069 carb alt w >30% mauve <0.1 cm leux; 1*30 cm sil'd zone w 10% cse py ass w gy qtz vns @45

BG11-128 401.60 402.45 C3043 0.85 <.03 sil'd + chl'd w 1% md to cse py along fracs

BG11-128 402.45 403.50 C3044 1.05 <.03 >20% mauve leux w 1% mg py along fracs

BG11-128 403.50 404.70 C3045 1.20 3.909

>20% mauve leux w 1*30 cm zone w 25% mg diss py; 1*10 cm zone w gy qtz vns @30 w 3% cse diss py

+ zones of >20% cse py 3.703 4.114

BG11-128 404.70 405.90 C3047 1.20 0.069 end of alt zone w chl alt + >20% leux w 1-2% cse diss py + py filled fracs;

BG11-128 405.90 407.30 C3048 1.40 <.03 10% leux w 1-2% diss mg py + chl'd py filled fracs @40

BG11-128 407.30 408.70 C3049 1.40 <.03 1-2% late wht carb vning @40-70; 1*0.4 cm chl vn @35 w 10% cse py

BG11-128 408.70 410.00 C3050 1.30 <.03 hly chl'd w chl clasts

BG11-128 410.00 411.00 C3051 1.00 <.03 1*3 cm qtz-carb-chl vn @35 w 40% cse py; 1*4 cm qtz-carb vn @0 w 10% cse blocky py

BG11-128 411.00 412.00 C3052 1.00 <.03 hly chl'd w tr diss py + py ass w fracs

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 412.00 413.40 C3053 1.40 0.137 sil'd + chl'd w 1% md to cse py along fracs + along gy qtz vns @30

BG11-128 413.40 414.80 C3054 1.40 0.343

sil'd + chl'd w 2% cse diss py + py along fracs; 1*20 cm slighly chl-carb sheared zone @55 w 5-10% diss py +

py along fracs

BG11-128 429.20 430.60 C3055 1.40 <.03 1-2% py conc along 0.1-0.3 cm epd vns @0-60; 1*1.5 cm qtz-carb vn @45 w tr cse py

BG11-128 430.60 432.00 C3056 1.40 <.03 1-2% epd vns + alt; tr py along <0.3 cm qtz-carb vns @35

BG11-128 432.00 433.45 C3057 1.45 <.03 1*50 cm zone of qtz-carb veining @0 w tr cse blocky py

BG11-128 433.45 434.95 C3058 1.50 <.03 1*10 cm bull qtz-carb vn @25; 1*3 cm carb vn @70 w 60% cse py

BG11-128 434.95 436.55 C3059 1.60 <.03 1% fn to cse diss py + py ass w fracs

BG11-128 436.55 437.80 C3060 1.25 <.03 1*15 cm sil'd zone @40 w 40% cse diss py ; 0.1-0.2 cm fracs w cse py @30-50

BG11-128 437.80 438.80 C3061 1.00 <.03 4% epd alt as vns and blobs w 1-2% ass md to cse diss py

BG11-128 438.80 440.40 C3090 1.60 <.03

BG11-128 440.40 441.75 C3062 1.35 <.03 4% epd alt as vns and along fracs + late carb veining bth ass w 1-2% md to cse diss py

BG11-128 441.75 443.20 C3063 1.45 0.069 epd + chl alt'd groundmass w late pk to wt carb vns w 1% md to cse diss py

BG11-128 443.20 444.60 C3064 1.40 <.03 epd + chl alt'd groundmass w late pk to wt carb vnsw 1% md to cse diss py

BG11-128 444.60 446.10 C3065 1.50 <.03 20% brassy py in mm wide epy vn along CA

BG11-128 446.10 447.45 C3076 1.35 0.069 epd veining + tr fg diss py; 1*3 cm bull qtz-ank-chl vn @35

BG11-128 447.45 448.90 C3077 1.45 <.03

BG11-128 448.90 450.55 C3078 1.65 0.069 tr py in 0.1-1 cm qtz-carb vns

BG11-128 450.55 451.65 C3066 1.10 0.137 hly chl'd w 4% epd vns + alt spots; 1*1 cm epd-carb vn @15 w 15% mg brassy py

BG11-128 451.65 453.00 C3079 1.35 0.069 1% fg diss py

BG11-128 453.00 454.50 C3080 1.50 <.03 tr fg diss py + epd vns @0

BG11-128 454.50 455.95 C3081 1.45 <.03 2*1 cm carb vns @35 w tr py

BG11-128 455.95 457.30 C3082 1.35 <.03

BG11-128 457.30 458.70 C3083 1.40 <.03 1*1.5 cm bull carb-chl vn @40; tr py

BG11-128 458.70 460.20 C3084 1.50 <.03

BG11-128 460.20 461.60 C3085 1.40 <.03 1*0.5 cm chl-carb vn @45 w 60% cse py

BG11-128 461.60 463.00 C3067 1.40 <.03

BG11-128 463.00 463.85 C3086 0.85 <.03 tr fg diss py

BG11-128 463.85 465.00 C3068 1.15 <.03 hly alt'd and chl'd w tr py along 0.1 cm qtz vns

BG11-128 465.00 465.90 C3069 0.90 <.03 Poss South Zone? 1*1 cm py vn @15 w >90% cse blocky py; 0.1-0.3 cm fracs chl'd w 20% cse py

BG11-128 465.90 467.30 C3071 1.40 0.069 <1% py conc along fracs

BG11-128 467.30 468.40 C3087 1.10 0.343 <1% cse diss py ass w chl'd zones

BG11-128 468.40 469.30 C3072 0.90 <.03 py in groundmass adj to late carb vns incl 1*1 cm carb vn @40 w 5% adj cse brassy py;

BG11-128 469.30 470.50 C3088 1.20 0.137 2% leux

BG11-128 470.50 471.65 C3089 1.15 0.069 2% leux

BG11-128 471.65 472.90 C3073 1.25 <.03 tr fg diss py

BG11-128 484.70 485.65 C3074 0.95 <.03 hly alt'd by epd; 1*1 cm qtz-chl vn @65 w 60% cse blocky py

BG11-128 496.20 497.50 C3075 1.30 <.03

chl'd at beginning w 3% fn to cse diss py + py along fracs; hly alt'd w epd towards the end; 0.2-0.5 cm mag vns

@45

BG11-128 500.00 501.00 C3091 1.00 <.03 1*45 cm zone of >90% epd alt w 0.5 cm bull wt qtz vns @25 + 1*3 cm qtz-carb-chl vn @30 w tr cse diss py

BG11-128 506.35 507.75 C3092 1.40 <.03

chl'd w <1% mg to cse py diss + in carb vns; py euh blocky + 2 distinct colours (brassy brown, lighter yellow)

poss chalco

BG11-128 507.75 509.20 C3093 1.45 0.069 1-2% md to cse py along fracs + carb vns; 1*30 cm chl'd zone w 5% mg py along fracs

BG11-128 509.20 510.00 C3094 0.80 1.509 5% leux; 1*30 cm chl alt zone w 10% cse py + carb vns @90 w chl clast incls 1.851 1.166

BG11-128 510.00 511.05 C3096 1.05 <.03 tr py ass w chl'd zones; 1*0.4 cm mag vn @40

BG11-128 511.05 513.00 C3097 1.95 <.03

BG11-128 513.00 514.40 C3098 1.40 <.03 2% md to cse py along fracs incl 1*0.2 cm @0 w 80% cse py; 1*1.5 cm qtz-carb-chl vn @60 w tr py

Page 64: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 514.40 515.40 C3099 1.00 <.03

2% md to cse py along fracs; 1*3 cm brecciated qtz-carb vn @25 w an adj 10 cm zone of >80% cse diss

py

BG11-128 515.40 516.30 C3100 0.90 <.03 chl'd w 2% cse diss py + late bull dol vns @55-80

BG11-128 516.30 517.20 C3151 0.90 0.411 hly BG w 1-2% md to cse py along chl'd fracs + diss

BG11-128 517.20 518.60 C3152 1.40 0.823 2-3% md to cse blocky py diss + along fracs + in dol vns

BG11-128 518.60 519.60 C3153 1.00 <.03 2% md to cse blocky py diss + along chl'd fracs

BG11-128 519.60 521.00 C3154 1.40 2.057

2% mg py along chl'd fracs; 1*25 cm porphyry intrusive w <0.5 cm wt felds and <0.3 cm gn chl phenos + 2% fg

diss py 2.057 2.057

BG11-128 521.00 522.00 C3155 1.00 <.03 1% fn to mg py diss + along chl'd fracs; 1*2 cm qtz-dol vn @0 w 5% fn to mg py

BG11-128 522.00 522.70 C3156 0.70 0.617

5% fg diss py + 2*0.3-0.5 cm qtz-dol vns @30 w >80% cse py; start of Main Break w a sheared and min'd

sharp contact @20 w 2% cse py

BG11-128 522.70 523.50 C3157 0.80 1.337

Main Break w a 1*20 cm chl-carb shear zone @25 w a 4-5 cm zone of >80% cse py; 5% leux + 5% md to

cse diss py 1.440 1.234

BG11-128 523.50 524.40 C3159 0.90 0.549 5% leux and hly chl'd w 2% cse diss py + along 1*0.3 cm qtz-dol vn @0

BG11-128 524.40 525.40 C3160 1.00 1.269 5% leux at beginning w 1*5 cm zone of >60% cse diss py then hly sheared w 1% fg diss py 1.234 1.303

BG11-128 525.40 526.60 C3161 1.20 1.063 hly sheared w 4 cm of flt gouge + 30 cm zone of flt breccia; 1*1.5 cm vn @20 w >95% cse py 1.097 1.029

BG11-128 526.60 527.70 C3162 1.10 0.274 end of the Main Break; sheared groundmass and qtz-carb vns

BG11-128 527.70 528.50 C3163 0.80 0.069 5% leux w 5-10% fn to mg diss py

BG11-128 528.50 529.50 C3164 1.00 <.03 5% leux + 1-2% pk carb vns @25-55 w spec hem

BG11-128 529.50 530.70 C3165 1.20 <.03 5% leux + 1-2% pk carb vns @25-55 w spec hem

BG11-128 530.70 532.00 C3166 1.30 <.03 3% leux + brassy py loc conc in blobs of >80% cse py + along fracs + within dol vns @35

BG11-128 532.00 533.10 C3167 1.10 <.03 3% leux + brassy py loc conc along chl'd fracs + within dol vns @40

BG11-128 533.10 534.20 C3168 1.10 0.069 4% leux + 2% fg diss py ass w chl'd zones

BG11-128 534.20 535.30 C3169 1.10 <.03 4% leux + 2% fg diss py ass w chl'd zones + along fracs + within dol vns @50

BG11-128 535.30 536.50 C3170 1.20 <.03

start of Main Break ass shear zone w 1*3 cm chl-carb vn @65 w >90% blocky py; 2% diss py + py filled fracs;

1*2 cm carb-chl vn @30 w 40% mg py

BG11-128 536.50 537.70 C3171 1.20 0.069 1% mg py along <0.2 cm fracs

BG11-128 537.70 538.80 C3172 1.10 <.03 tr fg diss py

BG11-128 538.80 539.75 C3173 0.95 <.03 1*0.5 cm bull dol vn @25 w 1% fg diss py in the adj groundmass

BG11-128 539.75 540.40 C3174 0.65 <.03 1*4 cm brecciated qtz-carb-chl vn @15 w tr py; sample adj to a 4ft opening

BG11-128 541.70 542.60 C3175 0.90 0.206 0.5 cm chl-dol vns @0 w 50% mg py; 2% fg diss py; sample adj to a 4ft opening

BG11-128 542.60 543.60 C3176 1.00 0.137 ser'd groundmass w 3*1-3 cm wt to gr qtz-carb vns @35-55 w 2-3% mg py

BG11-128 543.60 544.60 C3177 1.00 2.777 1*20 cm chl'd and ser'd zone w wt to gy qtz vns @25 w >85% cse py 3.771 1.783

BG11-128 544.60 546.00 C3179 1.40 <.03 chl'd w 2-3% pk to wt late dol vns @25-75 + tr py

BG11-128 546.00 547.20 C3180 1.20 0.206 chl'd w 2-3% pk to wt late dol vns @25-75 + tr py; 1*0.3 cm py filled vn @25

BG11-128 547.20 547.80 C3181 0.60 <.03 1% mg diss py

BG11-128 549.10 550.60 C3182 1.50 0.274

diorite has red 0.7-4 cm angular inclusion clasts; 3% leux w 2% mg diss py; 1*1 cm carb-chl v @55 w 15% cse

py

BG11-128 555.00 556.30 C3183 1.30 0.069 1*9 cm bull qtz-carb vn @50; 2% mg diss py

BG11-128 557.00 558.00 C3184 1.00 0.206 2% py along fracs + within certain dol vns @70; 1*1 cm bull qtz-carb vn @25

BG11-128 561.00 562.30 C3185 1.30 0.137 1*2 cm pk carb vn @25 w 30% mg py

BG11-128 566.50 567.60 C3186 1.10 <.03 tr py diss in epd blobs; late dol vns @0 TCA

BG11-128 588.80 589.90 C3187 1.10 <.03 1*1 cm bull carb vn @10; 1% cse diss py adj to vn

BG11-128 589.90 591.30 C3188 1.40 <.03 hly cbl'd zone and slightly sheared w v cse py ass w chl'd zones as blobs of >90% py

BG11-128 595.25 596.65 C3189 1.35 <.03 1% late carb vns @25-75; 1*20 cm zone w qtz-carb vns @0 + 3-4% cse diss py

BG11-128 596.65 598.00 C3190 1.35 <.03 1% late carb vns @25-75; <1% fn to mg diss py

BG11-128 598.00 599.20 C3191 1.20 <.03 3*1 cm carb vns @0 + 1*0.4 cm qtz vn w ser/chl alt; tr py diss + ass w vns

BG11-128 600.85 601.50 C3192 0.65 <.03 1*2 cm qtz-carb vn @0 w 3% cse py;

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-128 603.10 604.60 C3193 1.50 <.03 1% fg py diss + conc along <0.1 cm fracs; 2% late carb vns @>40 some w ass diss py

BG11-128 609.00 610.30 C3194 1.30 <.03 1*4 cm qtz-carb-ser-chl shear zone @50 w tr mg diss py; shear followed by 1*20 cm sil'd zone

BG11-128 610.30 611.70 C3196 1.40 <.03 3% late carb vns; 2% v cse diss py + py in blobs of >70% py + py conc along fracs

BG11-128 611.70 612.95 C3197 1.25 <.03 3% late carb vns; 2% v cse diss py + py in blobs of >70% py + py conc along fracs

BG11-128 621.00 621.85 C3198 0.85 <.03 1*20 cm chl-carb shear @35 w tr diss py

BG11-128 626.65 627.60 C3199 0.95 <.03 hly chl'd + epd alt w 1% mg diss py; 1*0.5 cm carb vn @25 w 3% cse py

BG11-128 627.60 629.10 C3200 1.50 <.03 sil'd in zones w inclusions of FP; 3% cse diss py esp ass w sil'd zones

BG11-128 629.10 630.50 C3201 1.40 <.03 epd alt + inclusion clasts of FP; 2% v cse diss py + 3*1-6 cm qtz vns @55 w tr py

BG11-128 630.50 632.00 C3202 1.50 <.03 sil'd in zones w porphyritic texture in distinct zones of FP; epd alt + 3% fn to mg diss py

BG11-128 639.40 640.10 C3203 0.70 <.03 639.7m 3cm wide qtz vn at 35 deg TCA

BG11-128 646.40 647.40 C3204 1.00 <.03 1% py in frac's; 647.15 to 647.3m weak shear with carb vn's <1cm wide at 30 and 45 deg TCA

BG11-128 647.40 648.40 C3205 1.00 <.03 <1% diss py in frac's

BG11-128 651.10 651.70 C3206 0.60 <.03 651.35 to 651.6m 1.5cm wide carb+chl vn at 0-5 deg TCA

BG11-128 653.10 654.20 C3207 1.10 <.03 weak brittle frac'ing two o.5 and 2 cm wide grey carb vn's at 45 deg TCA; negl py

BG11-128 654.20 655.40 C3208 1.20 <.03 5% leuc flecs' tr py; weak frac'ing

BG11-128 660.20 660.90 C3209 0.70 <.03 strong flt at 660.4 4cm wide with vn bx at 50 deg TCA+ chl; 1% py

BG11-128 664.60 665.60 C3210 1.00 <.03

664.7 to 665.6m weak carb vn'ing with local brittle shear from 665.2 to 665.6m with 25-30% carb vn'ing + qtz-

dol vn'ing generally at 65 to 70 deg TCA

BG11-128 667.00 668.10 C3211 1.10 0.274 667.6m 85 deg TCA 2 cm carb vn with chl slips localized shear; overall <1% py

BG11-128 675.00 675.90 C3213 0.90 <.03 weak fabric at 20 deg TCA in a 10 cm wide section; negl py

BG11-128 675.90 676.80 C3214 0.90 <.03 weak 1mm frac's at 5 to 30 deg TCA with spec hem+cpy+py

BG11-128 676.80 678.00 C3215 1.20 <.03 weak frac'ing at 10 to 25 deg TCA with carb+spec hem

BG11-128 678.00 679.10 C3217 1.10 <.03 678.7 to 679 weak local shear at 35 deg TCA with 15-20% carb vn'ing

BG11-128 680.30 681.80 C3218 1.50 <.03 negl py; weak frac'ing

BG11-128 683.40 684.30 C3219 0.90 <.03 diorite dyke? With 3-5% fg diss py in matrix

BG11-128 689.70 690.30 C3220 0.60 <.03 689.8m shear at 55 deg TCA 2cm wide purple carb vn; tr py

BG11-128 698.00 698.80 C3221 0.80 <.03

BG11-139 11.00 12.25 C4724 1.25 0.069 1% fg diss py + py along 1*1 cm chl vns @70

BG11-139 12.25 13.40 C4725 1.15 <.03 1*1.5 cm chl vn @20 w >80% mg py; 1-2% mg diss py + py along fracs

BG11-139 13.40 14.30 C4726 0.90 0.480 5-7% py along fracs + along carb-chl vns @65-75 + diss in sil'd zones

BG11-139 14.30 15.30 C4727 1.00 <.03 FP w chl'd fracs; 1-2% mg py conc in chl'd blobs + along fracs + diss in groundmass

BG11-139 15.30 16.40 C4728 1.10 <.03 1*0.3 cm py vn @15 w >80% mg py; 2% fg py diss in groundmass; 1*0.5 cm qtz-carb vn @0

BG11-139 16.40 17.55 C4729 1.15 <.03 1% fg diss py

BG11-139 17.55 18.70 C4730 1.15 <.03 1-2% fg diss py + py along fracs; 0.3 cm pk carb vns @0

BG11-139 18.70 20.10 C4731 1.40 <.03 1-2% fg diss py + py along chl'd fracs

BG11-139 20.10 21.00 C4732 0.90 <.03 1*2 cm qtz-carb vn @55 w >85% cse py + 1% adj fg diss py

BG11-139 21.00 22.10 C4733 1.10 <.03 1*0.3 cm qtz-carb vn @40 w 80% cse py + 1% adj fg diss py

BG11-139 22.10 23.20 C4734 1.10 <.03

5-7% cse py along fracs + diss in groundmass + along 1*1 cm qtz-carb @35; 1*10 cm blk qtz vn @45 w 1% fg

diss py; 1*5 cm qtz-carb vn @35 w 3% fg py

BG11-139 23.20 24.20 C4736 1.00 <.03 1% fg diss py

BG11-139 24.20 25.30 C4737 1.10 <.03

1*5 cm zone w >80% py filled skeletal fracs; 1*3 cm qtz-carb-chl-ser shear @45 representing area of contact

between FP/Tuff; hly BC near end w 1*3 cm gy qtz vn @20 w tr fg py

BG11-139 25.30 26.70 C4738 1.40 <.03 Tuff w ser'd + chl'd stringers/fractures; <0.2 cm carb- chl vns + 1% fg diss py

BG11-139 26.70 28.00 C4739 1.30 <.03

Tuff w ser'd + chl'd stringers/fractures; <0.2 cm carb- chl vns + 1% fg diss py; 1*4 cm qtz-chl-epd shear @50

representing lower contact w syenite

BG11-139 28.00 29.50 C4740 1.50 <.03

ser'd + chl'd fracs; 1*50 cm lime green tuff intrusive within syenite w 1*15 cm ser'd + chl'd qtz-carb vn @40 w tr

fg py

BG11-139 29.50 30.90 C4741 1.40 <.03 1% fg diss py + py along chl'd fracs

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 30.90 32.40 C4742 1.50 <.03 1-3% py in wk fracs + in 2*0.2-0.5 cm qtz vns @45-55

BG11-139 32.40 33.75 C4743 1.35 <.03 chl'd + ser'd whispy fracs; 1-2% fg diss py + py filled fracs

BG11-139 33.75 35.20 C4744 1.45 <.03 1-2% fn to mg py along chl'd fracs + in subrounded chl clasts

BG11-139 39.25 40.70 C4745 1.45 <.03 1-2% fn to mg py diss in the groundmass + in subrounded chl clasts; 1*1.5 cm chl vn @40 w 5% cse py

BG11-139 43.50 44.90 C4746 1.40 <.03 1*2 cm carb-chl vn @30 w 5% cse py

BG11-139 46.30 47.80 C4747 1.50 0.274 1*2 cm qtz-carb-chl vn @15 w tr mg py; 2*1-1.5 cm carb vns @10 w 5-7% cse py

BG11-139 47.80 48.95 C4749 1.15 0.960

1*15 cm zone w qtz-carb vns + chl vns + >50% cse py in vns + along fracs; 1*0.2 cm carb-chl vn @10 w

15% mg py; 5% py diss in chl clasts

BG11-139 48.95 50.15 C4750 1.20 0.206 1*0.8 cm carb vn @30 w 15% mg py

BG11-139 50.15 51.55 C4751 1.40 <.03 1-2% mg diss py + py hosted along fracs

BG11-139 51.55 52.80 C4752 1.25 <.03 1*2 cm qtz-carb vn @45; ser + chl alt

BG11-139 59.00 60.00 C4753 1.00 <.03 1*9 cm chl surrounded zone w ser flecs + 1% mg diss py; py also diss + hosted along fracs

BG11-139 66.30 67.40 C4754 1.10 0.754 1-2% fg diss py; 1*2 cm carb-chl vn @35 w 30% mg py

BG11-139 67.40 69.00 C4756 1.60 <.03 1-2% mg diss py + py hosted along fracs + py hosted in chl clasts

BG11-139 77.70 78.60 C4757 0.90 0.137 buff brown orage sil alt w py filled fracs @20-35 w 3% mg adj diss py

BG11-139 81.00 82.30 C4758 1.30 0.069 1-2% mg diss py + py along fracs; 1*1.5 cm carb vn @25 w adj 2% mg diss py in chl

BG11-139 82.30 83.30 C4759 1.00 0.480 syenite/tuff sharp contact @45; 2-3% fg diss py; chl'd in tuff

BG11-139 83.30 84.50 C4760 1.20 0.137 chl'd w 2-3% mg diss py; 1*0.5 cm carb-chl vn @30

BG11-139 84.50 85.90 C4761 1.40 <.03 chl'd w 2-3% mg diss py; dk red spots in groundmass?

BG11-139 85.90 87.20 C4762 1.50 <.03 chl'd w 1% fg diss py

BG11-139 87.20 88.60 C4763 1.50 <.03 chl spots within lime green argillite-wacke w pk carb vns @0 TCA; 1-2% leux + mg diss py

BG11-139 88.60 90.10 C4764 0.95 <.03 lime green argillite-wacke + chl alt w 2-3% fn to mg diss py

BG11-139 90.10 91.60 C4765 1.35 <.03 1*30 cm zone of fg argillite-wacke light lime green coloured @30; bedding @50 w 1% mg diss py

BG11-139 91.60 92.55 C4766 1.30 <.03 2*0.5-2 cm pk qtz-carb vns @20-45; 1-2% fn to mg py diss adj to vns

BG11-139 92.55 93.90 C4767 1.15 <.03 5-7% mg diss py + py along wt carb vns @40; slightly sil'd + chl'd in zones

BG11-139 93.90 95.20 C4768 1.35 <.03 sil'd w 3-5% md to cse diss py esp in BC; 2*1.5-3 cm qtz-carb-chl vns @25-45 w 20% md to cse py

BG11-139 95.20 96.35 C4769 1.15 <.03 2% mg diss py

BG11-139 96.35 97.70 C4770 1.35 <.03 2% mg diss py

BG11-139 97.70 99.00 C4771 1.30 <.03

BG11-139 99.00 100.00 C4772 1.00 <.03 1*0.3 cm py vn @25

BG11-139 100.00 101.00 C4773 1.00 <.03

hly alt'd dk brown to red and sil'd w <0.1 cm fled x-stals possibly x-stal tuff section; 1*30 cm zone w 15% cse

py

BG11-139 101.00 102.00 C4775 1.00 <.03 1-2% spec hem; red and grainy w chl zones w 2-3% mg py

BG11-139 102.00 103.50 C4776 1.50 <.03

2*2-5 cm chl vn @25,65 w 5% cse py; lime green argillite-wacke w carb/qtz vning, chl alt in blobs + 5% mg

diss py

BG11-139 104.50 105.20 C4777 0.70 <.03 2-3% fg diss py; 1*30 cm zone w dk gn to blk chl alt, qtz-carb vning + 5% cse diss py

BG11-139 107.30 108.10 C4778 0.80 <.03 5% cse diss py ass w large dk gn to blk zones of chl + adj in the groundmass

BG11-139 109.20 110.30 C4779 1.10 <.03 3% brassy md to cse diss py

BG11-139 110.90 112.05 C4780 1.15 <.03 3% md to cse diss py; increasingly sil'd + cse grained to a beige colour

BG11-139 112.05 113.45 C4781 1.40 <.03 sil'd w 2% <0.2 dol vns offset by ser'd microfractures; 2-3% fn to mg diss py

BG11-139 114.50 116.00 C4782 1.50 <.03

hly fractured w ser'd fracs crosscuting <0.5 cm dol vns surrounded by lime gn wacke; 2-3% fn to mg py diss in

groundmass and occasionally along fracs

BG11-139 116.00 117.10 C4783 1.10 <.03 1*20 cm porphyritic dyke intrusion @30 w 2-3% fg diss py w adj lime gn wacke; 2-3% diss py also in tuff

BG11-139 117.10 118.30 C4784 1.20 <.03 1*70 cm lime green argillite-wacke interval w an adj 1 cm py vn @25 w 60% fn to mg py

BG11-139 118.30 119.40 C4786 1.10 <.03

40 cm of porphyritic brecciated texture representing poss dyke w chl-qtz-carb phenocrysts and clasts of lime

green wacke-argillite; dyke and surrounding tuff has 2-3% mg diss py

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 127.80 129.00 C4787 1.20 <.03 1*0.7 cm carb-chl vn @55 w 20% cse py; 2-3% cse diss py + py along fracs

BG11-139 129.00 130.25 C4788 1.25 <.03 1-2% fg diss py; increasingly sil'd to tan colour w py filled fracs + increased diss py

BG11-139 130.25 131.60 C4789 1.35 <.03 1-2% fn to mg diss py + py along fracs; 1*1 cm py vn @80 w >90% cse py

BG11-139 131.60 132.85 C4790 1.25 <.03

Tuff/FP contact @35 at a qtz-carb-chl vn w 2-3% fn to mg diss py + py adj to contact; 2*0.3-0.5 cm qtz-carb

vns @10-20 w ser/chl alt on edges

BG11-139 132.85 134.35 C4791 1.50 <.03 1*0.3 cm ser'd pk qtz-carb vn @15 w 1% cse py; <0.2 cm ser'd carb vns @10 w 2% mg py

BG11-139 135.70 137.25 C4792 1.55 <.03 1*50 cm qtz-carb-chl slip @0 TCA w 1% cse py + tr chalco

BG11-139 141.55 142.90 C4793 1.35 <.03 1*40 cm carb-chl-ser slip @0 w 1% cse py; 2*0.5-1 cm qtz-carb vns @0, 30 w 1% mg py

BG11-139 144.35 145.85 C4794 1.50 <.03 3% carb vning + mod py in fracs @10-25 TCA

BG11-139 151.55 153.00 C4795 1.45 <.03 1-2% fg diss py + py in <0.2 cm fracs; transition to bimodal porphyry @50

BG11-139 161.30 162.70 C4796 1.40 <.03 1*1 cm qtz-carb-chl vn @55; hly ser'd + chl'd in fracs w tr cse py; 1*1 cm qtz-carb vn @0 w mn spec hem

BG11-139 173.50 174.60 C4797 1.10 <.03 2*0.3-1.5 cm qtz-carb vns @35,60; hly ser'd btw phenos w hem vns; tr cse diss py

BG11-139 178.60 179.70 C4798 1.10 <.03 1*4 cm qtz-carb-chl vn @45 w adj chl slip; tr mg diss py

BG11-139 187.00 188.50 C4799 1.10 <.03 1*3 cm dol vn @30 w chl alt around edges of vn

BG11-139 197.00 198.10 C4800 1.10 <.03

1*35 cm zone w 80% qtz-dol-ank vning w vns @30, chl'd + ser'd; vuggy pk ank vns w tr mg py; 1*30 cm zone

hly ser'd and slightly sheared w qtz-carb + chl vns

BG11-139 212.70 213.70 C4801 1.00 0.069 contact between BP/FP w py filled fracs @10 w 10-15% cse py

BG11-139 213.70 214.70 C4803 1.00 <.03 2% diss spec hem; 1% mg diss py + py filled fracs w 2-3% cse py

BG11-139 214.70 216.00 C4804 1.30 0.069 tr fg diss py + 1-2% diss spec hem

BG11-139 217.10 218.10 C4805 1.00 <.03 1*35 cm zone of brecciated + skeletal textured blk-grey-wt qtz-carb vns @20-35 w tr mg py

BG11-139 219.50 221.00 C4806 1.50 0.069 1*0.3 cm chl'd + hem'd carb vn @15 w 2% fg py

BG11-139 222.30 223.80 C4807 1.50 0.069 5*0.2-1 cm dol-ank vns @30-80 w tr to 4% mg py + adj diss py; 1-2% diss hem

BG11-139 223.80 225.20 C4808 1.40 <.03 4*0.2-1.5 cm chl vns @15-30 w 1% mg py; 1-2% diss hem

BG11-139 225.20 226.40 C4809 1.20 0.274 1*1.5 cm qtz-dol-ank vn @40 w 2% adj mg diss py; 1-2% diss hem

BG11-139 229.10 230.40 C4810 1.30 <.03 10% qtz-dol-ank vning @15-45 w tr fg diss py + spec hem

BG11-139 230.40 231.30 C4811 0.90 3.977 5% qtz-dol-ank vning @20-40 w tr fg diss py + spec hem; ser + chl alt in groundmass w tr py 3.771 4.183

BG11-139 243.90 244.70 C4812 0.80 <.03 BC w 2% cse diss py; 1*1 cm dol-ank-ser-chl shear @80

BG11-139 250.40 251.70 C4813 1.30 <.03 <1% mg py along fracs; 1% diss hem

BG11-139 251.70 253.00 C4814 1.30 0.069 1% cse py along fracs; 1% diss hem

BG11-139 257.45 259.10 C4815 1.65 <.03 1-2% cse py diss + along fracs; 1*1.5 cm qtz-dol-ank vn @35 w ser alt + 3% hem

BG11-139 262.75 264.00 C4816 1.25 <.03 hly ser'd along fracs + within groundmass w 1-2% mg py diss + along fracs + in dol-ank vns

BG11-139 265.40 266.80 C4817 1.40 0.069 1-2% fn to mg diss py; <0.2 cm mag vns @50

BG11-139 266.80 268.10 C4818 1.30 <.03 FP/diorite contact @30 w 3% fg diss py; diorite w 1% dol vns @35-60 + mn epd alt

BG11-139 271.70 273.00 C4819 1.30 <.03 1% epd alt + 2% cse diss py

BG11-139 274.60 275.90 C4820 1.30 0.754 2% brassy mg diss py + py along chl'd fracs

BG11-139 275.90 277.00 C4821 1.10 <.03 1*25 cm sil'd zone w sil-chl-carb vns @40 w 3% mg py

BG11-139 277.00 278.00 C4823 1.00 <.03 1*2 cm carb vn @40 w adj sheared chl + 1-2% mg diss py

BG11-139 278.00 279.40 C4824 1.40 <.03 2% late dol vns @20-80; 1-2% py in chl'd fracs; 1*30 cm sil'd zone w 2-3% mg diss py

BG11-139 279.40 280.60 C4825 1.20 <.03 2% late dol vns + epd alt; tr diss py

BG11-139 283.40 284.70 C4826 1.30 <.03 2% late dol vns + epd alt; 1% fg diss py

BG11-139 288.00 289.50 C4827 1.50 <.03

BG11-139 294.00 295.10 C4828 1.10 0.549 1*2 cm red/wt qtz-chl shear @60 w 20% fn to mg py; tr py along fracs

BG11-139 298.70 300.00 C4829 1.30 <.03 1*3 cm zone of qtz-carb vning @75 w tr mg diss py + chalco

BG11-139 314.70 315.80 C4830 1.10 <.03 BC w 4% epd alt; 1-2% cse diss py + brassy brown chalco + tr blue/purple bornite?

BG11-139 317.00 318.40 C4831 1.40 <.03

BG11-139 318.40 319.50 C4832 1.10 2.297 New Zone?: sil'd w 15% <0.3 cm mauve leux + 10-15% py diss + along fracs + within chl'd py vns @30 2.331 2.263

Page 68: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 319.50 320.55 C4834 1.05 0.960 End of New Zone w a 30 cm sil'd zone w 10% mauve leux + 10% py diss + along chl'd fracs

BG11-139 320.55 322.00 C4835 1.45 0.069 1-2% cse diss py + 3% mg py along a 0.5 cm chl-carb vn @15

BG11-139 322.00 323.00 C4836 1.00 <.03 1% mg py along fracs

BG11-139 323.00 324.20 C4837 1.20 <.03 1% mg py along chl'd fracs; 1*3 cm qtz-carb vn @50 w tr mg py

BG11-139 324.20 325.30 C4838 1.10 <.03 1*0.2 cm min'd chl slip @25 w ass 2% leux + 3% mg py

BG11-139 325.30 326.60 C4839 1.30 0.480 1*35 cm zone w 10% mauve leux w 5% py diss + along vns

BG11-139 326.60 327.85 C4840 1.25 <.03 hly alt'd w >10% leux, qtz-carb vning + 2-3% diss + frac hosted py

BG11-139 327.85 329.20 C4841 1.35 0.069

hly alt'd w >10% leux, qtz-carb vning + 2-3% diss + frac hosted py; 1*7 cm qtz-carb vn @40 w 1% diss spec

hem

BG11-139 329.20 330.60 C4842 1.40 0.549 hly alt'd w >10% leux + qtz-carb vning w tr diss py + spec hem; 1-2% frac hosted py

BG11-139 330.60 332.00 C4843 1.40 <.03 3% leux adj to a 0.4 cm carb vn @45 w 2-3% mg py; 0.1-0.3 cm magnetite vns @75

BG11-139 333.40 334.80 C4844 1.40 <.03 10% leux + 2% qtz-carb vning; 1*7 cm qtz-carb vn @60 w chl alt, 2-3% fg diss py + spec hem

BG11-139 336.20 337.65 C4845 1.45 <.03 1-2% carb vns incl 0.2 cm carb-chl vns @0 TCA

BG11-139 337.65 338.90 C4846 1.25 <.03 3% dol-ank vns @55-75; 1*30 cm slightly sheared zone w qtz-carb shear @65 w 1% mg diss py + 3% leux

BG11-139 341.30 342.50 C4847 1.20 <.03

BC w 2% dol vns @60 w 2-3% chalco + irredescent bornite + spec hem diss within the vns and adj in the

groundmass

BG11-139 351.40 352.60 C4848 1.20 <.03

2% leux w 1-2% mg py in fracs; 1*4 cm grey-wt qtz vn @20 w 1-2% diss fg py + spec hem; 4*<1 cm red-blk

hem vns @40 w adj 2% cse py in chl'd zones

BG11-139 352.60 354.35 C4850 1.75 <.03 <0.2 cm magnetite vns @40; 1*0.5 cm carb vn @45 w 1-2% diss py + chalco + bornite

BG11-139 359.75 360.90 C4851 1.15 <.03 1*30 cm zone of qtz-carb vning @20-30 w 5% spec hem + adj 3% cse diss py in chl'd zones + 2% leux

BG11-139 360.90 362.05 C4852 1.15 1.200

4% epd alt as vns @20 + epd spots; 2% leux + <0.5 cm magn + qtz + carb vns; 2% cse py ass w epd alt, adj

to vns 1.166 1.234

BG11-139 362.05 363.00 C06989 0.95 0.274 INFILL

BG11-139 363.00 364.00 C06990 1.00 <.03 INFILL

BG11-139 364.00 365.00 C06991 1.00 0.343 INFILL

BG11-139 365.00 366.00 C06992 1.00 <.03 INFILL

BG11-139 366.00 367.00 C06993 1.00 0.206 INFILL

BG11-139 367.00 368.00 C06994 1.00 0.206 INFILL

BG11-139 368.00 369.00 C06995 1.00 <.03 INFILL

BG11-139 369.00 370.60 C4853 1.60 <.03 hly mag w magnetite vns; qtz-carb vns @30-50; 1% mg diss py

BG11-139 370.60 371.50 C4854 0.90 1.474 1*50 cm sil'd zone w 10% mauve leux + 4-5% fg diss py; 1*0.3 cm chl'd qtz vn @10 w 5% fn to mg py 1.371 1.577

BG11-139 371.50 372.60 C4856 1.10 <.03

BG11-139 372.60 373.90 C4857 1.30 <.03 1*8 cm hem-chl-carb-qtz sheared zone @45 w 1% fg py; carb-chl vns @25

BG11-139 373.90 375.00 C4858 1.10 <.03 1*3.5 cm carb-chl vn @40 w 1% fg py; 1*2 cm mag-carb vn @30 w 1% fg py

BG11-139 378.45 379.85 C4859 1.40 0.549 10% leux + <0.4 cm magn vns @50-60 some w 1-2% mg to cse py

BG11-139 379.85 381.25 C4860 1.40 1.714

1*40 cm zone w 10% leux flecs + wkly min'd w 5-7% in py or qtz-carb vns @40-60 + fracs + diss; also some

carb vns + blk grey qtz vns w tr py 1.577 1.851

BG11-139 381.25 382.10 C06996 0.85 <.03 INFILL

BG11-139 382.10 383.00 C06997 0.90 0.069 INFILL

BG11-139 383.00 384.00 C06998 1.00 0.206 INFILL

BG11-139 384.00 385.00 C06999 1.00 <.03 INFILL

BG11-139 385.00 386.00 C7000 1.00 <.03 INFILL

BG11-139 386.00 387.00 12451 1.00 <.03 INFILL

BG11-139 387.00 388.45 C4861 1.45 <.03 4*<2 cm carb vns @40-70 w 2% adj leux + 1-3% mg py

BG11-139 391.00 392.10 C4862 1.10 0.274 1*70 cm zone of >25% leux w 1*4 cm chl alt qtz-carb vn @20 w 3% mg py adj to vn

BG11-139 396.00 397.50 C4863 1.50 <.03 hly magn due to magnetite vns; both wt carb + grey qtz vns @25-65; tr diss py ass w vns + 2% leux some red

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 403.60 405.30 C4864 1.70 <.03

BG11-139 405.30 406.40 C4865 1.10 <.03 1*80 cm pink to green shear zone w qtz-carb vning, ser-hem-chl alt + 1-2% fg py

BG11-139 406.40 407.60 C4866 1.20 <.03 <1 cm pk carb vns + gr qtz vns @30-50 TCA w tr fg py

BG11-139 407.60 409.00 C4867 1.40 <.03

BG11-139 409.00 410.50 C4868 1.50 5.555

1*70 cm zone sil'd pink w 3-5% cse py diss + conc along chl'd fracs and qtz-carb vns; 6% leux + chl'd in

non sil'd zone 5.486 5.623

BG11-139 410.50 411.65 C4869 1.15 0.891 Ground core w 5% leux + carb vns @20-30 TCA; 2-3% cse diss py + py along fracs

BG11-139 411.65 412.85 C4870 1.20 0.549

BG11-139 412.85 414.00 C4871 1.15 0.960

Start of #1 or #2 Vn Structure of the South Zone: characterized by both grey to pk sil alt and wt carb alt

throughout, 10-15% leux flecs, 2-15% sulphide content either diss, in fracs, qtz-carb vn hosted/ass and

some within py vns w >80% py most @35 TCA; 10% leux + 3% cse diss py; 1*1.5 cm py vn @30 w >80%

cse py

BG11-139 414.00 415.20 C4872 1.20 3.909

As described in 412.85 to 414.00m; 3% cse diss py ass w zones w 10% leux; 1*30 cm grey sil'd zone w

grey qtz vns @40 w 3% cse py 3.977 3.84

BG11-139 415.20 416.30 C4873 1.10 5.760

As described in 412.85 to 414.00m; sil'd and carb'd w 0.5-3 cm wt carb vns + pk qtz vns @30 w 5-7% adj

py; 10% leux + chl'd fracs 5.829 5.691

BG11-139 416.30 417.25 C4874 0.95 3.634

As described in 412.85 to 414.00m; hly sil'd w 15% leux + 2-3% fn to mg diss py + py ass w wt to pk qtz

vns @25-35 3.634 3.634

BG11-139 417.25 418.15 C4875 0.90 34.972

As described in 412.85 to 414.00m; hly sil'd w grey to wt qtz vns @30 + 15% fn to mg diss py/vn hosted

py 32.915 37.029

BG11-139 418.15 419.45 C4877 1.30 2.571

As described in 412.85 to 414.00m; 15% leux w 2-3% mg py hosted along fracs + diss; 3*1-3 cm qtz-carb vns

@30-50 2.331 2.811

BG11-139 419.45 420.75 C4878 1.30 0.686

End of #1 or #2 Vn Structure of the South Zone: 1*4 cm grey/wt qtz-carb vn @30 w 10% ass leux + 3%

ass mg py; diorite becomes more fresh w no sil or carb alt, 2-3% wt dol vns, 2-3% py hosted along

fracs, min leux

BG11-139 420.75 421.90 C4879 1.15 0.480 2-3% wt dol vns w 4*0.5 cm dol vns @15-25 w 5% cse py

BG11-139 421.90 423.30 C4880 1.40 0.343 1-2% wt dol vns; 1% fg py along fracs + 1*0.2 cm grey qtz vn @25

BG11-139 423.30 424.80 C4881 1.50 0.206 1*10 cm zone w 5% leux + 2-3% diss py

BG11-139 428.00 429.30 C4882 1.30 0.343 1*1 cm qtz-carb vn @20 w 3% mg py + 3% leux; 1*5 cm qtz-carb-chl shear @50 w tr fg py

BG11-139 431.25 432.35 C4883 1.10 0.206 epd alt as blobs around vns; 1*2 cm qtz-carb vn @70 w 2% cse py + chl blobs

BG11-139 436.35 437.85 C4884 1.50 <.03 1-2% carb vns @25-35 w tr fg py + surrounded by 3% tan to mauve leux

BG11-139 437.85 438.80 C4886 0.95 <.03 1*10 cm pk to wt qtz-dol vn @25 w chl + mag alt, 5% ass leux, 2% v cse py

BG11-139 447.75 448.95 C4887 1.20 0.274 1*12 cm zone w 5% leux, epd alt + 1*1 cm carb-chl vn @30 w 30% cse py; 1-2% cse py conc along fracs

BG11-139 448.95 450.00 C4888 1.05 0.480

1*4 cm dol vn @35 w 3% v cse chalco + euh light py + blk prismatic rutile?; 1*3 cm qtz-dol vn @30 w an adj flt

+ chl alt w 2% fg py

BG11-139 450.00 451.20 C4889 1.20 0.754

10% leux in a 45 cm zone w chl'd fracs w 1-2% py; followed by fsh diorite w 2% mg py in fracs + 1*1 cm

py vn @40 w >70% mg py

BG11-139 451.20 452.60 C4890 1.40 0.411 2% epd alt + 2-3% mg py along fracs

BG11-139 465.00 466.50 C4891 1.50 0.069 5% epd alt + 1*25 cm zone w >50% epd alt w tr diss py + 1*0.3 cm carb-chl vn @50 tr py

BG11-139 466.50 467.70 C4892 1.20 0.137 3% epd alt + 1*1.5 cm dol vn @30 w tr chalco + py

BG11-139 471.40 472.70 C4893 1.30 0.549

lavender alt in groundmass between vns; 1*3 cm chl-carb slip @80 w 1-2% cse py within + adj in

groundmass between dol vns

BG11-139 472.70 474.00 C4894 1.30 0.549 1*25 cm zone w lavender alt + 5% mauve leux + 2-3% mg diss py

BG11-139 474.00 475.15 C07382 1.15 0.617 infill

BG11-139 475.15 476.30 C07383 1.15 0.343 infill

BG11-139 476.30 477.90 C4895 1.60 0.480

1*2.5 cm carb vn @25 w 3-4% mg py + hem surrounded by 7% leux; 2*<2 cm carb vns @50 w 2% py + hem;

mn lavender alt around vns

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 477.90 478.95 C07384 1.05 <.03 infill

BG11-139 478.95 480.00 C07385 1.05 <.03 infill

BG11-139 480.00 481.15 C07386 1.15 <.03 infill

BG11-139 481.15 482.05 C07387 0.90 <.03 infill

BG11-139 482.05 483.00 C07388 0.95 <.03 infill

BG11-139 483.00 483.70 C07389 0.70 0.617 infill

BG11-139 483.70 484.70 C07390 1.00 0.549 infill

BG11-139 484.70 486.00 C4896 1.30 0.343 wk lavender alt'd zone begins w 3*1 cm chl-carb vns @25 w ass alt + 2% fg diss py

BG11-139 486.00 487.10 C07391 1.10 0.617 infill

BG11-139 487.10 488.55 C4897 1.45 0.754

wk lavender alt'd zone w leux flecs and min sulphide; 2-3% fn to mg py ass w fracs + along qtz-carb

vns + diss

BG11-139 488.55 490.00 C4898 1.45 0.274 wk lavender alt'd zone w 1*1.5 cm qtz-carb vn @25 w 3% mg py

BG11-139 490.00 491.30 C4899 1.30 0.480 wk lavender alt'd zone w 1-2% diss py

BG11-139 491.30 492.40 C4900 1.10 0.960 wk lavender alt'd zone is sil'd w leux flecs + qtz-carb vns + min 1-2% diss py

BG11-139 492.40 493.60 C4901 1.20 0.960 wk lavender alt'd zone is sil'd w leux flecs + 2-3% fg diss py

BG11-139 493.60 494.55 C07392 0.95 <.03 infill

BG11-139 494.55 495.40 C07393 0.85 0.411 infill

BG11-139 495.40 496.90 C4902 1.50 <.03 wk lavender alt'd zone w carb alt + carb vning w tr py/hem incl 1*2 cm carb-chl-hem vn @0 w tr py

BG11-139 496.90 498.00 C07394 1.10 0.480 infill

BG11-139 498.00 499.05 C07395 1.05 0.617 infill

BG11-139 499.05 499.90 C07396 0.85 0.960 infill

BG11-139 499.90 500.80 C07397 0.90 0.891 infill

BG11-139 500.80 502.25 C4903 1.45 0.343

wk lavender alt'd zone w 2% cse py along fracs + in carb vns w spec hem; 1*2.5 cm qtz-carb vn @90 w spec

hem

BG11-139 502.25 503.75 C4904 1.50 0.411 wk lavender alt'd zone w 1% fn to mg py along fracs

BG11-139 503.75 505.20 C4905 1.45 0.274 wk lavender alt'd zone w zones of pk qtz vning + 1% fg py along fracs

BG11-139 505.20 506.30 C4906 1.10 0.137 end of lavender alt'd zone; 1*1.5 cm pk qtz-carb vn @25 w 1% fg py

BG11-139 506.30 507.60 C4907 1.30 0.686

Start of Min'd Zone Containing 20V?: min'd zone containing 5-15% leux, 2-20% sulphide mineralization

in py vns @5-25 TCA, diss + along vns/fracs; 5% leux w 1*0.5 cm qtz-carb vn @0 w 1-2% fg py + adj 2-

4% mg diss py

BG11-139 507.60 509.00 C4908 1.40 2.291 As described in 506.30 to 507.60; 5% leux w 1-2% mg py along fracs + carb vns @25-65 2.730 1.851

BG11-139 509.00 510.00 C4909 1.00 2.915

As described in 506.30 to 507.60; 5-7% mg py diss + along qtz-carb vns from 1-3 cm @10-30 TCA +

along chl'd fracs; 10% leux 3.223 2.606

BG11-139 510.00 510.70 C4910 0.70 2.057 As described in 506.30 to 507.60; 10% leux w 3-4% mg py diss + along fracs + along qtz-carb vns @30-35 2.057 2.057

BG11-139 510.70 511.60 C4911 0.90 1.509 As described in 506.30 to 507.60; 15% leux w 8-12% md to cse py in vns @20 + qtz-carb vns @ 25-35 1.509 1.509

BG11-139 511.60 512.50 C4912 0.90 1.063

As described in 506.30 to 507.60; 20V Structure? w 15% leux, 15-20% md to cse py in vns @15-20 w

interbedded qtz-carb vns 1.234 0.891

BG11-139 512.50 513.50 C4914 1.00 0.960

As described in 506.30 to 507.60; 20V Structure? W 15% leux, 10-20% md to cse py in vns @5-15 w

interbedded qtz+carb+chl vns; tr moly

BG11-139 513.50 514.50 C4916 1.00 0.891

As described in 506.30 to 507.60; end of min'd zone w poss 20V structure; 10% leux, 2-5% mg diss py +

py in vns @20

BG11-139 514.50 515.45 C4917 0.95 <.03 1-2% mg diss py + py along carb vns

BG11-139 515.45 516.70 C4918 1.25 <.03 1*0.5 carb-chl vn @10

BG11-139 516.70 517.65 C4919 0.95 0.411

BG11-139 517.65 519.00 C4920 1.35 2.332 5% leux w 1*0.5 cm lavender alt'd carb vn @0 running along length of core, poss slip? 1.920 2.743

BG11-139 519.00 520.40 C4921 1.40 <.03 sil'd in zones w 5% leux, dol vns @20-75, <0.3 cm magn vns

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 520.40 521.40 C07398 1.00 <.03 infill

BG11-139 521.40 522.40 C07399 1.00 <.03 infill

BG11-139 522.40 523.15 C07400 0.75 0.480 infill

BG11-139 523.15 524.10 C07401 0.95 <.03 infill

BG11-139 524.10 525.45 C4922 1.35 0.137 2*0.2-1 cm carb-chl vns @0 w tr fg py; 2% late dol vns

BG11-139 525.45 526.45 C07402 1.00 <.03 infill

BG11-139 526.45 527.45 C07403 1.00 0.069 infill

BG11-139 527.45 528.45 C07404 1.00 0.617 infill

BG11-139 528.45 529.85 C4923 1.40 1.063 1*25 cm zone w 5% leux + <0.5 cm qtz-carb vns @35-40 w spec hem + 1-2% adj md to cse diss py 1.234 0.891

BG11-139 529.85 531.00 C07405 1.15 0.686 infill

BG11-139 531.00 532.25 C07406 1.25 0.617 infill

BG11-139 532.25 533.50 C07407 1.25 <.03 infill

BG11-139 533.50 535.05 C4924 1.55 0.343

1*1 cm carb-qtz-mag vn @20 w tr fg diss py + crosscutting late dol vns @60-85 which offset the vn as it runs

near parallel to core; 5% leux in zones + 1*12 cm qtz-carb-hem-chl shear @80 w >5% spec hem + 1% fg diss

py

BG11-139 535.05 535.85 C07408 0.80 0.686

BG11-139 535.85 536.85 C07409 1.00 0.960

BG11-139 536.85 538.25 C4925 1.40 0.206 tr py along fracs + 2% late dol vning

BG11-139 538.25 539.45 C4926 1.20 2.023

1-2% fn to mg py along chl'd fracs; 2-3% leux + pk qtz/wt carb vns @25-35 w the carb vns crosscutting the qtz

vns (late) 1.851 2.194

BG11-139 539.45 540.10 C07410 0.65 0.617 infill

BG11-139 540.10 540.85 C07411 0.75 0.274 infill

BG11-139 540.85 542.35 C4927 1.50 0.686 1-2% fn to mg py along chl'd fracs; 2-3% leux in zones + 3-4% spec hem

BG11-139 542.35 543.60 C4928 1.25 0.754 1-2% fn to mg py along chl'd fracs + 3-4% spec hem + 2% late dol vning

BG11-139 543.60 544.90 C4929 1.30 0.549 0.2-1 cm pk qtz vns @0 + wt vuggy carb vns @0-40 w 1% diss hem + tr fg py

BG11-139 544.90 546.00 C4930 1.10 1.338 1*1 cm qtz-carb vn @20 adj to a flt w gouge + 2-3% fn to mg py diss + in py vns + fracs 1.166 1.509

BG11-139 546.00 547.40 C4931 1.40 1.132 <0.5 cm qtz-carb vns @15-25 w 1% mg py; 3*1-1.5 cm py vns @20 w >70% cse py 1.234 1.029

BG11-139 547.40 548.85 C4932 1.45 0.754 2-3% carb vning + 1*4 cm carb-chl vn @50 w 20% fg py

BG11-139 548.85 549.80 C4933 0.95 1.234

Start of Bidgood Main Break: the Bidgood Main Break is highly sheared @15-25 w chl+ carb alt throughout,

qtz-carb vning, and wk py min w 1-3% py sheared in fracs + diss; hly chl'd w sheared 2% leux flecs, <1.5 cm

qtz-carb vns @25, 1% fg diss py; 1*25 cm zone is bleached w pk qtz, perv carb/ser alt + chl'd fracs w tr py 1.234 1.234

BG11-139 549.80 550.80 C4934 1.00 0.411

As described in 548.85 to 549.80; bleached and perv alt'd by carb; 1*12 cm zone of flt gouge; hly sheared after

main flt w perv chl+ser+carb alt, <1% fg diss py + 1*4 cm carb vn @55

BG11-139 550.80 552.00 C4935 1.20 <.03

As described in 548.85 to 549.80; hly chl'd and carb alt'd w <1% fg diss py + small flts @30 w gouge adj 2-3%

mg diss py

BG11-139 552.00 553.30 C4936 1.30 <.03

As described in 548.85 to 549.80; 3*1-1.5 cm wt to pk qtz vns @25-70 w adj 1-2% mg diss py + py hosted

along fracs

BG11-139 553.30 554.50 C4937 1.20 3.429

As described in 548.85 to 549.80; 3% leux flecs + 1*30 cm zone of wt/pk qtz vning @20-30 w ser/chl alt + tr fg

diss py 2.469 4.389

BG11-139 554.50 555.90 C4938 1.40 <.03

As described in 548.85 to 549.80; End of Bidgood Main Break w 3% leux, 3% cse py diss + along fracs; 0.2-2

cm wt to pk qtz-carb vns

BG11-139 555.90 557.30 C4939 1.40 <.03

4*<1.5 cm qtz-carb vns @15-40 w 1-3% diss hem + mg py; 3% leux + 1*2 cm flt w an adj qtz-carb vn @30 w

3% mg py

BG11-139 557.30 558.60 C4940 1.30 <.03 3% leux, 1-2% qtz-carb vns @20-75 w 2% ass py/hem

BG11-139 558.60 560.00 C4941 1.40 0.549 3% leux, 1-2% qtz-carb vns @20-75 w 2% ass py/hem; 1*3 cm wt qtz vn @40 w ser/chl alt

BG11-139 560.00 561.45 C4942 1.45 0.206 2-3% md to cse diss py + py along fracs; 3% leux flecs

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Hole_ID From To Sample_# Length Au ppm Description Au ppm_ck Au ppm-ck2

BG11-139 561.45 562.85 C4943 1.40 <.03 2-3% md to cse diss py + py along fracs; 3% leux flecs; 1*6 cm wt to pk qtz-carb vn @55 w adj chl + ser alt

BG11-139 562.85 564.00 C4944 1.15 0.686 hly chl'd and sheared @30 w 5% leux + 5-10% cse py in 1-3 cm qtz-carb vns @0-20 + diss in chl'd zones

BG11-139 564.00 565.50 C4946 1.50 <.03 3% leux + 2-3% md to cse diss py + py filled fracs

BG11-139 565.50 566.65 C4947 1.15 0.069

1*1 cm wt qtz vn @15 w adj 3-5% md to cse diss py; 3-5% py also diss in slightly sheared groundmass + conc

along fracs

BG11-139 566.65 567.90 C4949 1.25 0.274 2% leux + >5% epd alt

BG11-139 567.90 569.40 C4950 1.50 <.03 >5% epd alt in groundmass and along vns; 1*5 cm epd alt'd zone w <0.4 cm qtz-carb vns + tr fg diss py

BG11-139 572.15 573.80 C4951 1.65 0.069 >5% epd alt in groundmass and along vns; 1*5 cm qtz-carb-chl vn @35 w 2% ass leux + py

BG11-139 573.80 575.15 C4952 1.35 <.03 >5% epd alt in groundmass and around <0.4 cm py vns @ 10 w 5% md to cse py

BG11-139 575.15 576.00 C4953 0.85 <.03

>5% epd alt in groundmass and around <0.3 cm py vns w 2-3% md to cse py; tr py also ass w <0.3 cm qtz-

carb vns + chl'd zones

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Field Blanks

Hole_ID Sample # Au ppm Cert #

BG11-128 C2901 0.03 10502

BG11-128 C2923 0.03 10541

BG11-128 C2950 0.03 10543

BG11-128 C2975 0.03 10544

BG11-128 C3024 0.03 10546

BG11-128 C3046 0.03 10547

BG11-128 C3178 0.03 10608

BG11-128 C3095 0.03 10610

BG11-128 C3212 0.03 10680

BG11-138 C3227 0.03 10680

BG11-139 C4735 0.03 10785

BG11-139 C4755 0.03 10785

BG11-139 C4785 0.03 10787

BG11-139 C4822 0.03 10823

BG11-139 C4849 0.03 10825

BG11-139 C4876 0.03 10826

BG11-139 C4913 0.03 10868

BG11-139 C4945 0.03 10869

Field Standards

Hole_ID Sample # Au ppm +3STD -3STD Cert #

BG11-128 C2877 1.78 1.96 1.42 10499

BG11-128 C2941 1.51 1.96 1.42 10542

BG11-128 C3008 1.71 1.96 1.42 10545

BG11-128 C3070 1.65 1.96 1.42 10590

BG11-128 C3195 1.65 1.96 1.42 10609

BG11-139 C4748 1.71 1.96 1.42 10785

BG11-139 C4833 1.78 1.96 1.42 10824

BG11-139 C4855 1.65 1.96 1.42 10825

BG11-139 C4915 1.78 1.96 1.42 10868

AVG 1.69

STD 0.09

3 STD 0.27

MAX 1.78

MIN 1.51

MAX 1.78

MIN 1.51

+3STD 1.96

^-3STD 1.42

Field Standards

Hole_ID Sample # Au ppm +3STD -3STD Cert #

BG11-128 C2908 5.18 6.24 4.82 104502

BG11-128 C2968 5.52 6.24 4.82 10544

BG11-128 C3040 5.66 6.24 4.82 10547

BG11-128 C3158 5.31 6.24 4.82 10608

BG11-128 C3216 5.62 6.24 4.82 10680

BG11-139 C4802 5.21 6.24 4.82 10783

BG11-139 C4774 5.73 6.24 4.82 10786

BG11-139 C4885 5.83 6.24 4.82 10827

BG11-139 C4948 5.69 6.24 4.82 10869

AVG 5.528

STD 0.237

3 STD 0.712

MAX 5.829

MIN 5.177

+3STD 6.240

^-3STD 4.815

QTR CORE vs 1/2 CORE Data for graph

1/2CORE QTR CORE 1/2CORE QTR CORE

Sample #

Au ppm

(Avg) Au ppm Au ppm Sample #

Au ppm

(Avg) Au ppm Au ppm

C04875 34.972 32.92 37.029 C3306 19.269 34.97 19.27

C2949 6.926 7.406 6.446 C2521 25.029 6.93 25.03

STD Y-X #DIV/0!

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SWASTIKA ANALYSIS OF PULPS POLYMET ANALYSIS OF 1/2 CORE

Au Au Chk Au Au Chk Au (avg) Cu Cu Au

Sample g/Mt g/Mt g/Mt g/Mt g/Mt ppm % Sample ppm for graph purposes

# FA-AAS FA-AAS FA-GRAV FA-GRAV AR-AAS AR-AAS # Sample # Swas Poly

C2946 1.09 1.03 1.03 C2946 1.098 C2946 1.03 1.098

C2827 0.12 - - - 0.12 C2827 <.03 C2827 0.1 0.0

C2833 0.3 - - - 0.300 C2833 0.069 C2833 0.3 0.1

C2834 0.59 - - 0.59 C2834 1.338 C2834 0.6 1.3

C2900 - - 1.54 1.58 1.560 C2900 1.680 C2900 1.6 1.7

C2947 0.44 - - - 0.44 C2947 <.03 C2947 0.4 0.5

C2948 0.54 - - - 0.54 C2948 <.03 C2948 0.5 0.8

C2967 - - 10.49 10.36 10.425 C2967 0.137 C2967 10.4 10.3

C2974 2.87 - - 2.78 2.78 C2974 <.03 C2974 2.8 2.9

C3045 - - 3.84 4.18 4.010 C3045 <.03 C3045 4.0 3.9

C3047 0.21 - - - 0.21 C3047 <.03 C3047 0.2 0.1

C3147 0.74 - - - 0.74 C3147 0.617 C3147 0.7 0.6

C3148 <0.01 - - - <0.01 C3148 0.137 C3148 0.0 0.1

C3157 - - 1.37 1.23 1.300 C3157 1.098 C3157 1.3 1.3

C3177 - - 2.64 2.54 2.590 C3177 0.137 C3177 2.6 2.8

C3250 1.09 - - 1.03 1.03 C3250 0.823 C3250 1.0 0.9

C3265 0.68 - - - 0.68 C3265 <.03 C3265 0.7 0.6

C4749 - - 1.06 0.99 1.025 C4749 1.150 C4749 1.0 1.2

C4811 - - 5.25 5.28 5.265 C4811 3.977 C4811 5.3 4.0

C4832 1.93 - - 2.16 2.16 C4832 2.297 C4832 2.2 2.3

C4834 0.95 - - 0.93 0.93 C4834 0.960 C4834 0.9 1.0

C4871 0.92 - - 0.96 0.96 C4871 0.960 C4871 1.0 1.0

C4873 5.19 - - 5.1 5.1 C4873 5.760 C4873 5.1 5.8

C4875 - - 40.17 40.87 40.52 C4875 34.972 C4875 40.5 35.0

C4907 0.71 - - 0.71 C4907 0.686 C4907 0.7 0.7

C4908 1.81 - - 1.92 1.92 C4908 2.291 C4908 1.9 2.3

C4912 0.57 0.41 - - 0.490 C4912 1.063 C4912 0.5 1.1

C4933 1.14 - - 1.23 1.23 C4933 1.234 C4933 1.2 1.2

C4944 0.53 0.6 - - 0.565 C4944 0.686 C4944 0.6 0.7

SWASTIKA ANALYSIS OF REJECTS POLYMET ANALYSIS OF 1/2 CORE

Au Au Chk Au Au Chk Au (avg) Cu Cu Au for graph purposes

Sample g/Mt g/Mt g/Mt g/Mt g/Mt ppm % Sample ppm Sample # Swas Poly

C2827 0.16 - - - 0.16 C2827 <.03 C2827 0.2 0.0

Sample g/Mt g/Mt g/Mt g/Mt g/Mt ppm % Sample ppm Sample # Swas Poly

C2827 0.16 - - - 0.16 C2827 <.03 C2827 0.2 0.0

C2833 0.32 - - - 0.32 C2833 0.069 C2833 0.3 0.1

C2834 1.07 - - 1.03 1.03 C2834 1.338 C2834 1.0 1.3

C2900 - - 1.65 1.65 1.65 C2900 1.680 C2900 1.7 1.7

C2946 1.01 - - 0.99 0.99 C2946 1.098 C2946 1.0 1.1

C2947 0.48 - - - 0.48 C2947 0.480 C2947 0.5 0.5

C2967 - - 9.85 9.95 9.9 C2967 10.286 C2967 9.9 10.3

C2974 0.77 - - - 0.77 C2974 2.915 C2974 0.8 2.9

C3045 - - 4.25 4.29 4.27 C3045 3.909 C3045 4.3 3.9

C3047 0.14 - - - 0.14 C3047 0.069 C3047 0.1 0.1

C3147 0.48 - - - 0.48 C3147 0.617 C3147 0.5 0.6

C3148 0.01 - - - 0.01 C3148 0.137 C3148 0.0 0.1

C3157 - - 1.27 1.37 1.32 C3157 1.337 C3157 1.3 1.3

C3177 - - 4.29 4.32 4.305 C3177 2.777 C3177 4.3 2.8

C3250 0.86 - - - 0.86 C3250 0.891 C3250 0.9 0.9

C3286 0.26 - - - 0.26 C3286 <.03 C3286 0.3 0.0

C3287 - - 3.26 3.29 3.275 C3287 2.880 C3287 3.3 2.9

C4749 1.06 - - 1.04 1.04 C4749 0.960 C4749 1.0 1.0

C4811 2.76 - - 2.71 2.71 C4811 3.977 C4811 2.7 4.0

C4832 - - 2.3 2.29 2.295 C4832 2.297 C4832 2.3 2.3

C4834 - - 1.2 1.23 1.215 C4834 0.960 C4834 1.2 1.0

C4871 - - 1.17 1.17 1.17 C4871 0.960 C4871 1.2 1.0

C4873 - - 6.48 6.34 6.41 C4873 5.760 C4873 6.4 5.8

C4875 - - 35.19 34.9 35.045 C4875 34.972 C4875 35.0 35.0

C4907 0.67 - - - 0.67 C4907 0.686 C4907 0.7 0.7

C4908 - - 2.78 2.91 2.845 C4908 2.291 C4908 2.8 2.3

C4912 0.99 - - 1.17 1.17 C4912 1.063 C4912 1.2 1.1

C4933 - - 1.06 1.11 1.085 C4933 1.234 C4933 1.1 1.2

Page 75: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

PULP AND REJECT LIST FOR RE-ASSAY AT SWASTIKA LABS

Hole ID Sample # From To

Submitted to

Shane

Polymet

AssayBG11-128 C2946 194.75 195.5 29-Jul-11 1.098

BG11-128 C2947 195.5 196.3 29-Jul-11 0.48

BG11-128 C3045 403.5 404.7 29-Jul-11 3.91

BG11-128 C3047 404.7 405.9 29-Jul-11 0.069

BG11-139 C4871 412.85 414.00 18-Aug-11 0.96

BG11-139 C4872 414.00 415.20 18-Aug-11 3.91

BG11-139 C4875 417.25 418.15 18-Aug-11 34.97

BG11-139 C4912 511.60 512.50 18-Aug-11 1.06

Page 76: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

QTR CORE LIST

POLYMET Polymet 1/2 core value

1/2CORE FOR QTR CORE

Hole ID Sample # From To NEW SAMPLE # g/t

BG11-128 C2949 197.35 198.20 C2521 25.029

BG11-139 C4875 417.25 418.15 C3306 19.269I

Page 77: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

't , Bidgood 1275

Bidgood 11 50

Bidgood 1025

1

L--'" L '..-.::- '- ­....... --

~--

;".4 -­h~~= __ .......... ~=

\

QUEENSTON MINING INC. l ,ebel Go!!} Project

DOH Plan Map BGf 1·128 and BG I I · 139

Page 78: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

3.91

2.06

2.78

2.02

3.26

6.93 2.33

10.29

2.47 2.91 2.02

2.29 2.91 2.06

2.33

2.02

3.43

3.98

2.30

5.55 3.91 5.76 3.63 34.972.57

0.55

0.69

1.51

1.68

0.82 0.62 1.34 0.55 1.27 1.06

0.96

1.54 0.55

1.10 0.75

0.69

0.55

0.75

0.55 0.62

0.75

0.62 0.55 0.62

0.75 0.96

0.62 0.96 0.89

0.69 1.51 1.06 0.96 0.89

0.62 1.06 0.69 0.62 0.69

0.96 0.62 0.69

0.75 0.55 1.34 1.13

0.75 1.23

0.55 0.69

0.75

0.55

0.96

0.55

0.96

1.20

1.47

0.55 1.71

0.89 0.55 0.96

0.69

0.41 0.48

0.41

0.48

0.48

0.41

0.48 0.41

0.48

0.48 0.41 0.48

0.41

0.41

0.48

0.48

0.41

0.48

0.48

0.48

BG11

-128

BG11

-128

702.

00

BG11

-139

BG11

-139

576.

00

Gemcom Software

Scale: 1: Plan No. Date:

QUEENSTON MINING INC.Lebel Gold Project

BG11-128 and BG11-139

1000 02-Mar-12

SURPAC - Gemcom Software

BG11-128 and BG11-139

Openings

Tuff

Bimodal Porphyry

Feldspar Porphyry

Legend

OverburdenOverburden

DioriteDiorite

Diorite BrecciaDiorite Breccia

SyeniteSyenite

400m

300m

200m

100m

0m

-100m

-200m

-300m

50

05

30

0 N

58

11

00

E

58

10

00

E

53

35

40

0 N

53

35

50

0 N

53

35

60

0 N

58

09

00

E

53

35

70

0 N

Mining Claim L9891 Mining Claim CLM327Mining Claim L9882

58 AZM

(-50)

(-53)

1400 L

1275 L

1150 L

1025 L

900 L

775 L

650 L

500 L

300 L

200 L

100 L

1525 L

1775 L

Page 79: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

3.91

2.06

2.78

2.02

3.26

6.93 2.33

10.29

2.47 2.91 2.02

2.29

2.91

2.06

2.33

2.02

3.43

3.98

2.30

5.55

3.91

5.76

3.63

34.97

2.57

0.55

0.69

1.51

1.68

0.82

0.62 1.34 0.55 1.27 1.06

0.96

1.54

0.55

1.10

0.75

0.69

0.55

0.75

0.55

0.62

0.75

0.62

0.55

0.62

0.75

0.96

0.62

0.96

0.89

0.69

1.51

1.06

0.96

0.89

0.62

1.06

0.69

0.62

0.69

0.96

0.62

0.69

0.75

0.55

1.34

1.13

0.75

1.23

0.55

0.69

0.75

0.55

0.96

0.55

0.96

1.20

1.47

0.55

1.71

0.89

0.55

0.96

0.69

0.41

0.48

0.41

0.48

0.48

0.41

0.48

0.41

0.48

0.48

0.41

0.48

0.41

0.41

0.48

0.48

0.41

0.48

0.48

0.48

BG11-128

702.00

BG11-139

576.00

Gemcom Software

Scale: 1: Plan No. Date:

QUEENSTON MINING INC.Lebel Gold Project

Drill Holes BG11-128 and BG11-139 - Longsection

1000 09-Mar-12

SURPAC - Gemcom Software

BG11-128 and BG11-139 - Longsection

400m

300m

200m

100m

0m

-100m

-200m

-300m

58

11

00

E

58

10

00

E

53

35

50

0 N

53

35

40

0 N

58

09

00

E

58

08

00

E

58

07

00

E

53

35

30

0 N

328 AZM

Mining Claim CLM327 Mining Claim L9891 Mining Claim L9882

100L

200L

300L

500L

650L

775L

900L

1025L

1150L

1275L

1400L

1525L

1775L

1900L

2025L

(-50)

(-53)

Overburden

Diorite

Diorite Breccia

Syenite

Openings

Tuff

Bimodal Porphyry

Feldspar Porphyry

Legend For Lithology

Stopes

Resource

Drifts

Legend

Page 80: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

o[vMet Lahq 1 pres'evij; ??,ffi::,:Ti::i;il;;H;

p'J 1cA Division of Polymet Resources Inc'

@ Email: [email protected] website: www.polymetinc.con

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certi$r that the assay results in the followingCertificates are factual and true.

Certificate #'s 10484, 10485, 10486, T0498, 10499,&,10500

Certified by:

Certified by:

Date: June 28,2011

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief As,sa

President/Manager

""'~' "' . . D @Dw~(i}{t Il&l~~ A Division of Polymet Resources Inc. ,

~

1 Presley 8t. P.O. Box 699, Cobalt. Ontario, Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10484, 10485, 10486, 10498, 10499, &10500

Certified by: ~L~/7 , ChIef As~ayer

Certified by: /~ President/Manager

Date: June 28, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 81: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date.June 28,2011

Sample #

131113121 3 1 313141 3 1 51 3 1 613171 3 1 81 3 1 913201321132213231324132513261327132813291 3301 3312841

Std OxL78Blank

PolyMet Laboratories

10484

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

22 Splits

<.0010.0040.0020.008< .001<.0010 .157<.001< .001<.0010.028<.001<.00 1<.001<.00 10.020<.00 10.0040.002<.00 1<.001<.001

<.030.1370.0690.274<.03<.035.383<.03<.03<.030 960<.03<.03< .03<.030.686<.030 . 1 3 70.069<.03<.03<.03

0 .178<.001

6.1 03<.03

Certified Assayer. 414

CERTIFICATE

Date: June 28, 2011

Sanlple #

1311 1312 1313 1314 1315 1316 1317 1318 1319 1320 1321 1322 1323 1324 1325 1326 1327 1328 1329 1330 1331 2841

Std OxL78 Blank

PolyMet Laboratories

10484

Splits

Au g/tonne Oz/ton

<.001 <.03 0.004 0.137 0.002 0.069 0.008 0.274 <.001 <.03 <.001 <.03 0.157 5.383 <.001 <.03 <.001 <.03 <.001 <.03 0.028 0.960 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.020 0.686 <.001 <.03 0.004 0.137 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03

0.178 6.103 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

22 Splits

Page 82: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:June 28,2011

Sample #

2842284328442845284613321 33313341 3351 33613371 3381 339134413411342134313441345134613471348

PolyMet Laboratories

1 0485

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.00 1<.001<.001<.001< .001<.0010.020Pend0.0260.008PendPend0 . 0 1 6Pend<.0010 . 0 1 80 . 0 1 0<.0010.020<.0010.0240.048

<.03<.03<.03<.03<.03<.030.686

0.8910.274

0.549

< .030.6170.343<.030.686<.030.8231 .646

18 Spl i ts4 PendStd OxL78

Blank0 .178<.001

6.1 03<.03

certiried Assayer tr r{ ̂ Jrf*""t(

PolyMet Laboratories

CERTIFICATE 10485

Date: Splits June 28, 2011

Au g/tonne Sample # Oz/ton

2842 <.001 <.03 2843 <.001 <.03 2844 <.001 <.03

2845 <.001 <.03

2846 <.001 <.03

1332 <.001 <.03 1333 0.020 0.686 1334 Pend 1335 0.026 0.891 1336 0.008 0.274 1337 Pend 1338 Pend 1339 0.016 0.549 1340 Pend 1341 <.001 <.03 1342 0.018 0.617

1343 0.010 0.343

1344 <.001 <.03

1345 0.020 0.686 1346 <.001 <.03 1347 0.024 0.823 1348 0.048 1.646

Std OxL78 0.178 6.103

Blank <.001 <.03

Client: Job No.

18 Splits 4 Pend

Certified Assayer: -/wi f~

Queenston (Lebel Project) 0-155

Page 83: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

Date:June 28,2011

Sample #

133413371 3381 340

Original

Au g/tonneOzlton

0.032 1.0970.062 2.1260.040 1 .37 10.058 1.989

PolyMet Laboratories

CERTIFICATE 10486Client: Queenston (Lebel Project)Job No. 0-155

Check

Au g/tonneOzlton

0.032 1.0970.052 1.7830.038 1 .3030.052 1.783

4 + 8

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10486 Job No. 0-155

Date: Original Check June 28, 2011

Au g/tonne Au g/tonne Sample # Oz/ton Oz/ton

1334 0.032 1.097 0.032 1.097 1337 0.062 2.126 0.052 1.783 1338 0.040 1.371 0.038 1.303 1340 0.058 1.989 0.052 1.783

4+8

Certified Assayer:;I~ d (

---------

Page 84: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:June 29,2011

Sample #

134928472848284928502851285228532854285528562857285828262827282828292830283128322833

PolyMet Laboratories

1 0498

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

21 Splits

<.001<.001< .001<.001< .001<.001<.001< .001<.001<.001<.001<.001<.001<.001<.001<.001<.001<.001<.001<.0010.002

<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03< .03<.03< .03<.03<.03<.03<.03<.03<.030.069

Std OxL78 0.174 5.966Blank <.001 <.03

,4 , /-/j .fCertified AssaYer.

4/t-x'^: 1_

CERTIFICATE

Date: June 29, 2011

Sample #

1349 2847 2848 2849 2850 2851 2852 2853 2854 2855 2856 2857 2858 2826 2827 2828 2829 2830 2831 2832 2833

Std OxL78 Blank

0.174 <.001

PolyMet Laboratories

10498

Au Oz/ton

<.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 0.002

5.966 <.03

Splits

g/tonne

<.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03

0.069

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 85: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:June 29,2011

Sample #

28342835283628372B3B283928402864286528662867286828692870287 12872287328742875287628772878

Std OxL78Blank

PolyMet Laboratories

1 0499

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0 . 1 7 4<.001

Pend0 .1 56<.001< .001<.001< .001<.001<.001<.001< .001< .001<.001<.001<.001<.001<.001<.001<.001<.001<.0010.052<.001

5.966<.03

5.349<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.031 .783<.03

21 Spli ts1 Pend

Certified Assayer:

CERTIFICATE

Date: June 29, 2011

Sample #

2834 2835 2836 2837 2838 2839 2840 2864 2865 2866 2867 2868 2869 2870 2871 2872 2873 2874 2875 2876 2877 2878

Std OxL78 Blank

PolyMet Laboratories

10499

Splits

Au g/tonne Oz/ton

Pend 0.156 5.349 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.052 1.783 <.001 <.03

0.174 5.966 <.001 <.03

Certified Assayer:

Client: Job No.

21 Splits 1 Pend

Queenston (Lebel Project) 0-155

Page 86: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

PolyMet LaboratoriesClient: Queenston (Lebel Project)

CERTIFICATE 10500 Job No. 0-155

Date: Original CheckJune 29,2011

Au g/tonne Au g/tonneSample # Ozlton Ozlton

2834 0.034 1 .166 0 .044 1 .509

1 + 2

certiriedAssayer,fuAg

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10500 Job No. 0-155

Date: Original Check June 29, 2011

Au g/tonne Au g/tonne Sample # Oz/ton Oz/ton

2834 0.034 1.166 0.044 1.509

1 + 2

/ //Q Certified Assayer: ~~T~ d;

, .~

Page 87: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@[VSfletA Divrsion of Polymet Resources Inc.

1 Presley St, P,0. Box 699, Cobalt, Ontario, Canada POJ 1C0

Tel: (705) 679-5500 . Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc com

Certificate of ApalvsisQueenston Mining Inc.

(Lebel Project)

We certit/ that the assay results in the followingCertificates are factual and true.

Certif icate #'s 10501, 10502, 10503, &

Certified by:

Certified by:PresidentAvlanager

Date: June 29,2011

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief

@DW~~~ 1:Uil~~ A Division of POlymet Resources Inc. ,

1 Presley St P.O. Box 699. Cobalt. Ontario. Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay reslLlts in the following Certificates are factual and true.

Certificate #'s 10501, 10502, 10503, & 105 4

Certifi ed by: ---'='-"r-----'---"---------T

Certified by:

gayer ~ President/Manager

Date: Jllne 29, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 88: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:June 29,2011

Sample #

2879288028812882288328842885288628872BB828892890289128922893289428952896289728982899

Std OxL78Blank

0.006< .0010.002<.001<.00 1< .001<.0010 .014<.001< .001< .001<.0010.004<.001<.001<.001<.001<.001< .001< .0010 . 0 1 0

0.172 5 .897<.001 <.03

Certified Assayer:

0.206<.030.069<.03<.03<.03<.030.480<.03<.03<.03< .030.137<.03<.03<.03<.03<.03<.03<.03

0.343

PolyMet Laboratories

1 0501

Splits

Au g/tonneOzlton

Client. Queenston (Lebel Project)Job No. 0-155

21 Spl i ts

. / /rt*;(

CERTIFICATE

Date: June 29, 2011

Sample #

2879 2880 2881 2882 2883 2884 2885 2886 2887 2888 2889 2890 2891 2892 2893 2894 2895 2896 2897 2898 2899

Std OxL78 Blank

PolyMet Laboratories

10501

Splits

Au g/tonne Ozlton

0.006 0.206 <.001 <.03 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.014 0.480 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.004 0.137 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.010 0.343

0.172 5.897 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 89: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:June 29,2011

Sample #

29002901290229032904290529062907290829092910291 129122913291429152859286028611 35028012802

Std OxL78Blank

PolyMet Laboratories

10502

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

Pend< .0010.0040 006< .001< .001<.0010.0080 . 1 5 1< .001< .0010.028<.001<.001< .001Pend<.001<.001< .001<.001<.001<.001

<.030.1370.206<.03<.03<.03

0.2745 . 1 7 7<.03<.030.960<.03<.03<.03

< .03<.03<.03<.03<.03<.03

20 Splits2 Pend0 .172

<.0015.897<.03

Certified Assayer: ..

CERTIFICATE

Date: June 29, 2011

Sample #

2900 2901 2902 2903 2904 2905 2906 2907 2908 2909 2910 2911 2912 2913 2914 2915 2859 2860 2861 1350 2801 2802

Std OxL78 Blank

0.172 <.001

PolyMet Laboratories

10502

Au Oz/ton

Pend <.001 0.004 0.006 <.001 <.001 <.001 0.008 0.151 <.001 <.001 0.028 <.001 <.001 <.001 Pend <.001 <.001 <.001 <.001 <.001 <.001

5.897 <.03

Splits

g/tonne

<.03 0.137 0.206 <.03 <.03 <.03

0.274 5.177 <.03 <.03

0.960 <.03 <.03 <.03

<.03 <.03 <.03 <.03 <.03 <.03

Certified Assayer:

Client: Job No.

20 Splits 2 Pend

Queenston (Lebel Project) 0-155

Page 90: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

PolyMet LaboratoriesClient. Queenston (Lebel Project)

CERTIFICATE 10504 Job No. 0-155

Date: Original CheckJune 29,2011

Au g/tonne Au g/tonneSample # Ozlton Ozlton

2900 0.048 1 .646 0.050 1 .7142915 0.044 1 .509 0.046 1 .5772809 0.032 1.097 0.026 0.891

3 + 6

certifiedAssayer fu4L /

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10504 Job No. 0-155

Date: Original Check June 29, 2011

Au g/tonne Au g/tonne Sample # Oz/ton Ozlton

2900 0.048 1.646 0.050 1.714 2915 0.044 1.509 0.046 1.577 2809 0.032 1.097 0.026 0.891

3+6

Certified Assayer:

Page 91: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@[VSfletA Divis ion of Polvmet Resources Inc.

1 Presley St, P,0 Box 699, Cobalt, Ontario Canada POJ 1C0

Tel: (705) 679-5500 ' Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certit/ that the assay results in the followingCertificates are factual and true.

10539,10540, 10541, 10542, 1A543,Certificate #'s 10538,ras44,10545 , rA546, 10547 , &, 10548

Certified by:,

Certified by:

Chief Assayer

President/Manager

Date: July 7 ,20TI

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

'7~1P"" ' \ .. "." D @DW~~Q [la;)~~ A Division of Polymet Resources Inc. ,

1 Presley St. P.O. Box 699, Cobalt. Ontario. Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10538, 10539, 10540, 10541, 10542, 10543, 10544, 10545,.10546, 1~547' & 1054~

CertIfied bY:~~ L Chief Assayer

Certified by: __ 7_~_,_g_;-'?~_ ---..;;;,_==-==--

President/Manager

Date: July 7, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 92: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date.July 7,2011

Sample #

1 0951 09610971 0981 0991 100110111021 1031 1041 1051 10611071 10829162917291829192920292129222923

PolyMet Laboratories

10541

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.001<.001<.001<.00 1<.001<.001< .0010.008< .001< .001<.0010 . 0 1 40 . 0 1 80 . 0 1 0Pend0 . 0 1 6<.0010.0040.008< .001Pend<.001

<.03< .03<.03<.03<.03<.03<.030.274<.03<.03<.03

0.4800.6170.343

0.549<.030.1370.274<.03

<.03

20 Splits2 PendStd OxL78

Blank0 .172<.001

5.897<.03

Certified Assayer: tu4J

CERTIFICATE

Date: July 7,2011

Sample #

1095 1096 1097 1098 1099 1100 1101 1102 1103 1104 1105 1106 1107 1108 2916 2917 2918 2919 2920 2921 2922 2923

Std OxL78 Blank

0.172 <.001

PolyMet Laboratories

10541

Au Oz/ton

<.001 <.001 <.001 <.001 <.001 <.001 <.001 0.008 <.001 <.001 <.001 0.014 0.018 0.010 Pend 0.016 <.001 0.004 0.008 <.001 Pend <.001

5.897 <.03

Splits

g/tonne

<.03 <.03 <.03 <.03 <.03 <.03 <.03

0.274 <.03 <.03 <.03

0.480 0.617 0.343

0.549 <.03

0.137 0.274 <.03

<.03

Certified Assayer:

Client: Job No.

20 Splits 2 Pend

Queenston (Lebel Project)

0-155

Page 93: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date.July 7, 2011

Sample #

292429252926292729282929293029312932293329342935293629372938293929402941294229432944

<.00 10.002< .001<.00 1<.0010.002<.00 1< .0010.008< .001<.001<.001<.001< .001<.001< .0010.0020.0440 . 0 1 00.006<.001

< .030.069<.03<.03<.030 069<.03<.03

0.274<.03<.03<.03<.03<.03<.03<.03

0.0691 .5090.3430.206<.03

PolyMet Laboratories

10542

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

21 Spli tsStd OxL78Blank

0 . 1 7 2<.001

5.897<.03

Certified Assayer: fu4&-

CERTIFICATE

Date: July 7,2011

Sample #

2924 2925 2926 2927 2928 2929 2930 2931 2932 2933 2934 2935 2936 2937 2938 2939 2940 2941 2942 2943 2944

Std OxL78 Blank

0.172 <.001

PolyMet Laboratories

10542

Au Oz/ton

<.001 0.002 <.001 <.001 <.001 0.002 <.001 <.001 0.008 <.001 <.001 <.001 <.001 <.001 <.001 <.001 0.002 0.044 0.010 0.006 <.001

5.897 <.03

Splits

g/tonne

<.03 0.069 <.03 <.03 <.03

0.069 <.03 <.03

0.274 <.03 <.03 <.03 <.03 <.03 <.03 <.03

0.069 1.509 0.343 0.206 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 94: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7, 2011

Sample #

2945294629472948294929502951295229532954295529562957295829592960296129622963296429652966

0.010 0 .343Pend0.014 0.4800.022 0.7 54Pend<.001 <.03Pend0.010 0 .3430.020 0.6860.004 0.1370 006 0 2060.006 0 2060.010 0.3430.008 0.27 40.010 0.3430.008 0.27 40.008 0 2740.006 0.2060.002 0.0690.002 0.0690.002 0.0690.002 0.069

PolyMet Laboratories

1 0543

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

Std OxL78 0.176 6.034Blank <.001 <.03

Certified Assayer:

PolyMet Laboratories Client:

CERTIFICATE 10543 Job No.

Date: Splits July 7,2011

Au g/tonne Sample # Oz/ton

2945 0.010 0.343 2946 Pend 2947 0.014 0.480 2948 0.022 0.754 2949 Pend 2950 <.001 <.03 2951 Pend 2952 0.010 0.343 2953 0.020 0.686 2954 0.004 0.137 2955 0.006 0.206 2956 0.006 0.206 2957 0.010 0.343 2958 0.008 0.274 2959 0.010 0.343 2960 0.008 0.274 2961 0.008 0.274 2962 0.006 0.206 2963 0.002 0.069 2964 0.002 0.069 2965 0.002 0.069 2966 0.002 0.069

19 Splits 0.176 6.034 3 Pend Std OxL78

Blank <.001 <.03 / (--

Certified Assayer: r/1~ ~ :f

Queenston (Lebel Project) 0-155

Page 95: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7, 2011

Sample #

2967296829692970297 129722973297429752976297729782979298029812982298329842985298629872988

PolyMet Laboratories

10544

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

Pend0 . 1 6 10.0080.0080 . 0 1 60.004PendPend<.001Pend<.0010.0020.002<.001<.0010.0060.004<.00 10 . 0 1 0<.001<.001<.00 1

5.5200.2740.2740.5490.137

<.03

<.030.0690.069<.03<.030.2060 . 1 3 7<.030.343<.03<.03<.03

1B4

SplitsPendStd OxLTB

Blank0 .176<.001

6.034<.03

Certified Assayer: tu4Y

CERTIFICATE

Date: July 7, 2011

Sample #

2967 2968 2969 2970 2971 2972 2973 2974 2975 2976 2977 2978 2979 2980 2981 2982 2983 2984 2985 2986 2987 2988

Std OxL78 Blank

PolyMet Laboratories

10544

Splits

Au g/tonne Ozlton

Pend 0.161 5.520 0.008 0.274 0.008 0.274 0.016 0.549 0.004 0.137 Pend Pend <.001 <.03 Pend <.001 <.03 0.002 0.069 0.002 0.069 <.001 <.03 <.001 <.03 0.006 0.206 0.004 0.137 <.001 <.03 0.010 0.343 <.001 <.03 <.001 <.03 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Job No.

18 Splits 4 Pend

Queenston (Lebel Project) 0-155

Page 96: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7, 2011

Sample #

298929902991299229932994299529962997299829993000300130023003300430053006300730083009

PolyMet Laboratories

1 0545

Splits

Au g/tonneOzlton

0.002 0.0690.004 0.1370.006 0.206<.001 <.030.010 0 3430.006 0.2060.004 0.1370.012 0 .4110.006 0.206<.001 <.030.002 0.069<.001 <.030.006 0.206<.001 <.030.006 0.2060.006 0.2060.004 0.1370.012 0.411o.aM 0.4800.050 1 .7140.016 0.549

Client: Queenston (Lebel Project)Job No. 0-155

21 Spli tsStd OxL78Blank

0 . 1 7 4<.001

5.966<.03

Certified Assayer: 4

CERTIFICATE

Date: July 7,2011

Sample #

2989 2990 2991 2992 2993 2994 2995 2996 2997 2998 2999 3000 3001 3002 3003 3004 3005 3006 3007 3008 3009

Std OxL78 Blank

0.174 <.001

PolyMet Laboratories

10545

Au Ozlton

0.002 0.004 0.006 <.001 0.010 0.006 0.004 0.012 0.006 <.001 0.002 <.001 0.006 <.001 0.006 0.006 0.004 0.012 0.014 0.050 0.016

5.966 <.03

Splits

g/tonne

0.069 0.137 0.206 <.03

0.343 0.206 0.137 0.411 0.206 <.03

0.069 <.03 0.206 <.03 0.206 0.206 0.137 0.411 0.480 1.714 0.549

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 97: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7, 2011

Sample #

301 0301 13012301 33014301 5301 63017301 8301 I30203021302230233024302530263027302830293030303 1

PolyMet Laboratories

1 0546

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

22 Splits

<.001<.001<.001<.001<.001< .001<.0010.004<.0010.002<.001< .001<.00 1<.001<.001<.00 1<.001< .001< .001<.001< .0010.020

<.03<.03<.03< .03<.03<.03<.030.137<.03

0.069< .03<.03<.03<.03<.03<.03<.03<.03<.03< .03<.03

0.686

Std OxL78Blank

0 . 1 7 4<.001

5.966< .03

Certified Assayer: #-1 4V,/

CERTIFICATE

Date: July 7,2011

Sample #

3010 3011 3012 3013 3014 3015 3016 3017 3018 3019 3020 3021 3022 3023 3024 3025 3026 3027 3028 3029 3030 3031

Std OxL78 Blank

PolyMet Laboratories

10546

Splits

Au g/tonne Oz/ton

<.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.004 0.137 <.001 <.03 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.020 0.686

0.174 5.966 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

22 Splits

Page 98: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7, 2011

Sample #

3032303330343035303630373038303930403041304230433044304530463047304830493050305 1

0.002 0.069<.001 <.03<.001 <.03<.001 <.03<.001 <.03< .001 < .030.004 0.137<.001 <.030 .165 5 .657<.001 <.030.002 0.069<.001 <.03<.001 <.03Pend<.001 <.030.002 0.069<.001 <.03<.001 <.03<.001 <.03<.001 <.03

PolyMet Laboratories

10547

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

19 Spli ts1 PendStd OxL78

Blank0 .172 5 .897<.001 <.03 / '^

certifiedAssal / / -/'va,er.4fo.^/ f* ,/

PolyMet Laboratories

CERTIFICATE 10547

Date: Splits July 7,2011

Au g/tonne Sample # Oz/ton

3032 0.002 0.069 3033 <.001 <.03 3034 <.001 <.03 3035 <.001 <.03 3036 <.001 <.03 3037 <.001 <.03 3038 0.004 0.137 3039 <.001 <.03 3040 0.165 5.657 3041 <.001 <.03 3042 0.002 0.069 3043 <.001 <.03 3044 <.001 <.03 3045 Pend 3046 <.001 <.03 3047 0.002 0.069 3048 <.001 <.03 3049 <.001 <.03 3050 <.001 <.03 3051 <.001 <.03

Std OxL78 0.172 5.897 Blank <.001 <.03

Certified Assayer: ~~

Client: Job No.

19 Splits 1 Pend

Queenston (Lebel Project) 0-155

Page 99: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 7,2011

Sample #

1 0912916292229462949295129672973297429763045

PolyMet Laboratories

1 0548

Original

Au g/tonneOzlton

Client.Job No

AuOzlton

Queenston (Lebel Project)0-155

Check

g/tonne

0.0380.0700 . 1 1 40.0340.2160.0780.2880.0720.0860.0600 10B

1.3032.4003.9091 . 1 6 67.4062.6749.8742.4692.9492.0573.703

0.024 0.8230.048 1.6460.076 2.6060.030 1.0290.188 6.4460.058 1.9890.312 10.6970.072 2.4690.084 2.8800.058 1 .9890 j20 4 .114

1 1 + 2 2

Certified Assaver:

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10548 Job No. 0-155

Date: Original Check July 7,2011

Au g/tonne Au g/tonne Sample # Ozlton Oz/ton

1091 0.038 1.303 0.024 0.823 2916 0.070 2.400 0.048 1.646 2922 0.114 3.909 0.076 2.606 2946 0.034 1.166 0.030 1.029 2949 0.216 7.406 0.188 6.446 2951 0.078 2.674 0.058 1.989 2967 0.288 9.874 0.312 10.697 2973 0.072 2.469 0.072 2.469 2974 0.086 2.949 0.084 2.880 2976 0.060 2.057 0.058 1.989 3045 0.108 3.703 0.120 4.114

11 + 22

Certified Assayer:

Page 100: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@[VSfietA Divis ion of Polvmet Resources Inc,

1 Presley St, P.0. Box 699. Cobalt Ontario. Canada POJ 1C0Tel: (705) 679-5500 . Fax: (705) 679-5519

Email: info@polymetinc,com Websrte: www,polymetinc com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certi$/ that the assay results in the followingCertificates are factual and true.

Certif icate #'s 10588, 10589, 10590, 1059

Certified byChief Assayer

Certified by:President/Manager

Date: July 13,}An

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

@DW~~Q 1ltil[ID~ A Division of Polymet Resources Inc. ,

1 Presley St, P.O. Box 699, Cobalt. Ontario. Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10588, 10589, 10590,Z & 1.059_2

. - ;: CertIfied by,· ___ .-+-----.....:;..

Chief Assayer

Certified bY:/&~======~ PresidentlManager

Date: July 13, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 101: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 13,2011

Sample #

1 13011311 1321 1331 1341 1 3 51 136305230533054305530563057305830593060306 130623063306430653090

Std OxL78Blank

PolyMet Laboratories

1 0589

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

22 Splits

0 . 0 1 00.0080.0080 . 0 1 00.0020.0040.008< .0010.0040 . 0 1 0<.001< .001< .001< .001<.001< .001<.001<.0010.002<.001<.001< .001

5.966<.03

0.3430.2740.2740.3430.0690.1370.274<.030.1370.343<.03<.03<.03<.03<.03<.03<.03<.030.069<.03<.03<.03

0 . 1 7 4<.001

Certified Assayer:

PolyMet Laboratories Client:

CERTIFICATE 10589 Job No.

Date: Splits July 13, 2011

Au g/tonne Sample # Oz/ton

1130 0.010 0.343 1131 0.008 0.274 1132 0.008 0.274 1133 0.010 0.343 1134 0.002 0.069 1135 0.004 0.137 1136 0.008 0.274 3052 <.001 <.03 3053 0.004 0.137 3054 0.010 0.343 3055 <.001 <.03 3056 <.001 <.03 3057 <.001 <.03 3058 <.001 <.03 3059 <.001 <.03 3060 <.001 <.03

3061 <.001 <.03

3062 <.001 <.03

3063 0.002 0.069 3064 <.001 <.03 3065 <.001 <.03

3090 <.001 <.03

22 Splits

0.174 5.966 Std OxL78 Blank <.001 <.03 d '-4

Certified Assayer: ,~~

Queenston (Lebel Project)

0-155

Page 102: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Ju ly 13 ,2011

Sample #

307630663077307830793080308 1308230833067306830693070307 134723073307 43075308430853086

PolyMet Laboratories

1 0590

Splits

Au g/tonne

Ozlton

0.002 0.0690.004 0.137< .001 < .03

0.002 0.0690.002 0.069< .001 < .03< .001 < .03<.001 < 03<.001 <.03< .001 < .03<.001 <.03< .001 < .03

0.048 1 .6460.002 0.069< .001 < .03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03

Client. Queenston (Lebel Project)

Job No. 0-155

21 Spl i ts

Std OxL78 0.176Blank <.001

6.034<.03

Certified AssaYer:

CERTIFICATE

Date: July 13, 2011

Sample #

3076 3066 3077 3078 3079 3080 3081 3082 3083 3067 3068 3069 3070 3071 3072 3073 3074 3075 3084 3085 3086

Std OxL78 Blank

PolyMet Laboratories

10590

Splits

Au g/tonne Oz/ton

0.002 0.069 0.004 0.137 <.001 <.03 0.002 0.069 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.048 1.646 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 103: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 13,2011

Sample #

30873088308930913092330 13302330333043305

PolyMet Laboratories

1 0591

Splits

Au g/tonneOzlton

0.010 0 .3430.004 01370.002 0.069<.001 < .03<.001 <.03<.001 < .03PendPendPendPend

6.034<.03

Client: Queenston (Lebel Project)Job No. 0-155

6 Splits4 PendStd OxL78

Blank0 .176<.001

Certified Assayer:

CERTIFICATE

Date: July 13, 2011

Sample #

3087 3088 3089 3091 3092 3301 3302 3303 3304 3305

Std OxL78 Blank

PolyMet Laboratories

10591

Splits

Au g/tonne Oz/ton

0.010 0.343 0.004 0.137 0.002 0.069 <.001 <.03 <.001 <.03 <.001 <.03 Pend Pend Pend Pend

0.176 6.034

<.001 <.03 /

Certified Assayer: .~~ ,./

Client: Job No.

6 Splits 4 Pend

Queenston (Lebel Project) 0-155

Page 104: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@[V$flet eahq 1 pres'ev,T; ??,ffi::,;':i::i;il;;H,i

p'J 1A Division of Polymet Resources lnc'

@ Email: info@polymetinc com website www.polymetinc,co

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certiff thatthe assay results in the followingCertificates are factual and true.

Certificate #'s 10605, 10606, 10607,1061 1, 106 12, 10613,

Certified by:

Certified by:

10608, 10609, 10610,106 14,& 10615

President/Manager

Date: July 18, 20Tl

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief

A Division of Polymet Resources Inc.

1 Presley St. P.O. Box 699. Cobalt. Ontario. Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10605, 10606, 10607, 10608, 10609, 10610, 10611, 10612, 10613, 10614, & 10615

Certified bY:f;ci jv-1~ , Ch:r __

Certifiedby: __ ~~~~~~=== President/Manager

Date: July 18, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 105: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

GERTIFICATE

Date:Ju ly 1 5 ,2011

Sample #

11811 1821 1 8 31 1841 1 8 51 1 8 611871 1 8 81 1891 1 9 0119111921 1 9 31 1941 1 9 51 1961 1971 1 9 81 199120031 56

Std OxL78Blank

0.0280.0040.0020.002<.001<.001<.001<.001<.001<.001<.001< .001<.001< .001<.001<.00 10.0020.0280.0080 . 0 1 60 . 0 1 8

0.9600 . 1 3 70.0690.069<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.030 0690 9600.2740.5490.617

PolyMet Laboratories

1 0607

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

21 Splits0 .176<.001

6.034<.03

certified Assayer, 6.JLW

(

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10607 Job No. 0-155

Date: Splits July 15, 2011

Au g/tonne Sample # Qzlton

1181 0.028 0.960 1182 0.004 0.137 1183 0.002 0.069 1184 0.002 0.069 1185 <.001 <.03 1186 <.001 <.03 1187 <.001 <.03 1188 <.001 <.03 1189 <.001 <.03 1190 <.001 <.03 1191 <.001 <.03 1192 <.001 <.03 1193 <.001 <.03 1194 <.001 <.03 1195 <.001 <.03 1196 <.001 <.03 1197 0.002 0.069 1198 0.028 '0.960 1199 0.008 0.274 1200 0.016 0.549 3156 0.018 0.617

21 Splits

Std OxL78 0.176 6.034 Blank <.001 <.03

Certified Assayer: 6J tv ~

Page 106: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 1 5,2011

Sample #

315731 5831 5931 6031 61316231 63316431 6531 66316731 6831 693170317131723173317 4317531-7631773178

Std OxL78Blank

PolyMet Laboratories

1 0608

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

Pend0 .1 550 . 0 1 6PendPend0 0080.002<.00 1< .001<.001<.00 10.002<.001<.0010.002<.001< .001<.0010.0060.004Pend<.00 1

6.034<.03

5.3140.549

0.2740.069<.03<.03<.03<.030.069<.03<.030.069<.03<.03<.030.2060 . 1 3 7

<.03

18 Spl i ts4 Pend0 .176

<.001

certifiedAssayer / I 11116*-U6t.L I

U

PolyMet Laboratories Client:

CERTIFICATE 10608 Job No.

Date: July 15, 2011

Sample #

3157 3158 3159 3160 3161 3162 3163 3164 3165 3166 3167 3168 3169 3170 3171 3172 3173 3174 3175 3176 3177 3178

Std OxL78 Blank

0.176 <.001

Au Ozlton

Pend 0.155 0.016 Pend Pend 0.008 0.002 <.001 <.001 <.001 <.001 0.002 <.001 <.001 0.002 <.001 <.001 <.001 0.006 0.004 Pend <.001

6.034 <.03

Splits

g/tonne

5.314 0.549

0.274 0.069 <.03 <.03 <.03 <.03

0.069 <.03 <.03 0.069 <.03 <.03 <.03

0.206 0.137

<.03

18 Splits 4 Pend

Certified Assayer: /. J } I ._ (tJfAtJ &L ,~v~ (tv

Queenston (Lebel Project) 0-155

Page 107: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 15,2011

Sample #

317931 8031 81318231 83318431 8531 86318731 8831 8931 9031 91319231 93319431 9531 96319731 9830933094

Std OxL78Blank

PolyMet Laboratories

1 0609

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.0010.006<.0010.0080 0020.0060.004< .001<.001<.001<.001<.001<.001<.001<.001<.0010.048<.001<.001<.0010.002Pend

5.966<.03

<.030.206<.030.2740.0690.2060.137<.03<.03<.03<.03<.03<.03<.03<.03<.031.646<.03<.03<.030.069

21 Spli ts1 Pend0 . 1 7 4

<.001

certiried Assaver' 66Juh[n-

(

CERTIFICATE

Date: July 15, 2011

Sample #

3179 3180 3181 3182 3183 3184 3185 3186 3187 3188 3189 3190 3191 3192 3193 3194 3195 3196 3197 3198 3093 3094

Std OxL78 Blank

0.174 <.001

PolyMet Laboratories

10609

Au Oz/ton

<.001 0.006 <.001 0.008 0.002 0.006 0.004 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 0.048 <.001 <.001 <.001 0.002 Pend

5.966 <.03

Splits

g/tonne

<.03 0.206 <.03

0.274 0.069 0.206 0.137 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 1.646 <.03 <.03 <.03

0.069

Certified Assayer: -6(~

Client: Job No.

21 Splits 1 Pend

·v

Queenston (Lebel Project) 0-155

Page 108: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 1 5,2011

Sample #

3095309630973098309931 0031 51315231 53315431 5531 01310231 03310431 0531 06310731 0831 093 1 1 0

PolyMet Laboratories

10610

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.001<.001<.001<.001<.001<.0010.0120.024< .001Pend<.0010.0060.004<.0010 .1 500.012<.00 10.006<.001<.00 10.002

<.03<.03<.03<.03<.03<.030 . 4 1 10.823<.03

<.030.2060.137<.035.1430 .411<.030.206< .03<.030.069

20 Splits1 PendStd OxL78

Blank5.966<.03

0 . 1 7 4<.001

certiried Assayer, /OJr_p*U*

(

CERTIFICATE

Date: July 15, 2011

Sanlple #

3095 3096 3097 3098 3099 3100 3151 3152 3153 3154 3155 3101 3102 3103 3104 3105 3106 3107 3108 3109 3110

Std OxL78 Blank

0.174 <.001

PolyMet Laboratories

10610

Au Oz/ton

<.001 <.001 <.001 <.001 <.001 <.001 0.012 0.024 <.001 Pend <.001 0.006 0.004 <.001 0.150 0.012 <.001 0.006 <.001 <.001 0.002

5.966 <.03

Splits

g/tonne

<.03 <.03 <.03 <.03 <.03 <.03

0.411 0.823 <.03

<.03 0.206 0.137 <.03 5.143 0.411 <.03 0.206 <.03 <.03

0.069

Certified Assayer:

Client: Job No.

20 Splits 1 Pend

Queenston (Lebel Project) 0-155

Page 109: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

PolyMet Laboratories

10614Queenston (Lebel Project)0 -155

Gheck

g/tonne

CERTIFICATE

Date:Ju ly 15 ,2011

Sample #

1176315731 6031 61

AuOzlton

Original

g/tonne

3.7711.4401.2341.097

Client.Job No.

AuOzlton

0 . 1 1 00.0420.0360.032

0.100 3.4290.036 1.2340.038 1.3030.030 1 029

4 + 8

Certified Assayer:

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10614 Job No. 0-155

Date: Original Check July 15, 2011

Au g/tonne Au g/tonne Sample # Ozlton Oz/ton

1176 0.110 3.771 0.100 3.429 3157 0.042 1.440 0.036 1.234 3160 0.036 1.234 0.038 1.303 3161 0.032 1.097 0.030 1.029

4+8

Certified Assayer:

Page 110: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

GERTIFICATE

Date.July 18,2011

Sample #

3177309431543117312931 312506250725082509251025122513

Check

Au g/tonneOzlton

0.052 1.7830.034 1 .1660.060 2.0570.084 2.8800.038 1.3030.032 1.0970.420 14.4000.056 1.9200.026 0.8910.062 2.1260 084 2 BB00.062 2.1260.048 1.646

PolyMet Laboratories

1 0 6 1 5

Original

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0 . 1 1 00.0540.0600 0960.0440.0320.3880.0640.0300.0680.0880.0620.058

3.77 11 . 8 5 12.0573.2911 .5091.0971 3.3032.1941.0292.3313.0172.1261.989

1 3 + 2 6

turyCertified Assayer:

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10615 Job No. 0-155

Date: Original Check July 18, 2011

Au g/tonne Au g/tonne Sample # Ozlton Ozlton

3177 0.110 3.771 0.052 1.783 3094 0.054 1.851 0.034 1.166 3154 0.060 2.057 0.060 2.057 3117 0.096 3.291 0.084 2.880 3129 0.044 1.509 0.038 1.303 3131 0.032 1.097 0.032 1.097 2506 0.388 13.303 0.420 14.400 2507 0.064 2.194 0.056 1.920 2508 0.030 1.029 0.026 0.891 2509 0.068 2.331 0.062 2.126 2510 0.088 3.017 0.084 2.880 2512 0.062 2.126 0.062 2.126 2513 0.058 1.989 0.048 1.646

13 + 26

Certified Assayer: --c

/

Page 111: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@q@@ffi M@" 1 Pres'eviJ; ?,?,ffi:?-;Ti::ffifr ;;Hl

p'J 1A Division of Polyrnet Resources Ltd'

@ Ernail: info@polymetinc"com website: www.polymetinc.cc

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certi$r that the assay results in the followingCertificates are factual and true.

Certificate #'s 10679, 10680, 10681, 1,0682, 10683, 10684,10685, 10686, & 10687

Certified by:

Certified by:PresidentAvlanager

Date: July 25,2011

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief

A Division of Polymet Resources Ltd.

1 Presley 81, P.O. Box 699, Cobalt, Ontario, Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10679, 10680, 10681, 10682, 10683, 10684, 10685, 10686, & 10687

Certified by: --tj~ .. '~--r--'--='---ssayer

F""") ,,7 ".' '--:J' C "

Certifiedby: ___ ,_'/ __ ~'_/ ______ __ President/Manager

Date: July 25, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 112: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 25, 2011

Sample #

31 993200320132023203320432053206320732083209

PolyMet Laboratories

1 0679

Splits

Au g/tonneOzlton

Client. Queenston (Lebel Project)Job No. 0-155

11 Spl i ts

<.001< .001<.001<.001<.001<.001< .001<.001<.00 1<.001<.001

6.034<.03

<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03

Std OxL78Blank

0 .176<.001

Certified Assayer: tu4

CERTIFICATE

Date: July 25, 2011

Sample #

3199 3200 3201 3202 3203 3204 3205 3206 3207 3208 3209

Std OxL78 Blank

PolyMet Laboratories

10679

Splits

Au g/tonne Oz/ton

<.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

11 Splits

Page 113: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:July 25, 2011

Sample #

321032113212321332143215321632173218321932203221322232233224322532263227322832293230

PolyMet Laboratories

1 0680

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

< .0010.008<.001<.001<.001<.00 10 .1 64<.001<.001<.00 1<.001<.001< .001< .001<.0010.0490.004<.0010 . 0 1 0<.001<.001

<.030.274<.03<.03<.03<.035.623<.03<.03<.03<.03<.03<.03<.03<.031 .6800.137<.030.343< .03<.03

std oxl78 o.1TB 6.103 21 sPl i ts

B rank <001 <03 / / &CertifiedAssayer, h.*-/ .-?

7

CERTIFICATE

Date: July 25, 2011

Sample #

3210 3211 3212 3213 3214 3215 3216 3217 3218 3219 3220 3221 3222 3223 3224 3225 3226 3227 3228 3229 3230

Std OxL78 Blank

0.178

PolyMet Laboratories

10680

Splits

Au g/tonne Oz/ton

<.001 <.03 0.008 0.274 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.164 5.623 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.049 1.680 0.004 0.137 <.001 <.03 0.010 0.343 <.001 <.03 <.001 <.03

6.103

<.001 <.03 /

Certified Assayer: ,~J

Client: Queenston (Lebel Project)

Job No. 0-155

21 Splits

Page 114: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

A Division of Polymet Resources Ltd.

1 Presley St, P.0. Box 699, Cobalt, Ontario, Canada POJ 1C0Tel: (705) 679-5500 " Fax {i05) 679-5519

Email. info@polymetinc"com Website: www.polymetinc.com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certi$/ that the assay results in the followingCertificates are factual and true.

Certificate #'s 10777, 10778,10783 , t0784,& 10788

10779, 10780, 10781, 10782,10785 , 10786, 10787,

Certified by:

Certified by:President/Manager

Date: August 9,201I

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

1 Presley St, P.O. Box 699, Cobalt. Ontario, Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 10777, 10778, 10779, 10780, 10781, 10782, 10783, 10784, 10785, 10786, 10787, & 10788

Certified by: ~~--""""~-""'--__

Ch~ef1~er __

Certified by: __ ' _I_E ___ ---=:::::::=_-_~-=-== President/Manager

Date: August 9, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 115: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 8 ,2011

Sample #

4082408325786257872578825789257902579125792257932579425795

, 25796257972579825799258004795479647974798

PolyMet Laboratories

10782

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.001<.001<.001<.00 1< .001<.001<.001<.001<.001<.001< .001<.00 1< .001<.001<.001<.001<.00 1<.001<.00 1<.001<.001

<.03<.03<.03<.03< .03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03< .03< .03<.03<.03<.03

std ox l78 0 .176 6 .034 21 sPl i ts

B lank <.001 <.03

/ 4 ' / DC e r t i f i e d A s s a y e r L

/ 4 , ) ( - "

,4 ,r-4 1-/-n, -t,/

PolyMet Laboratories Client:

CERTIFICATE 10782 Job No.

Date: Splits Aug. 8,2011

Au g/tonne Sample # Oz/ton

4082 <.001 <.03 4083 <.001 <.03 25786 <.001 <.03 25787 <.001 <.03

25788 <.001 <.03 25789 <.001 <.03 25790 <.001 <.03 25791 <.001 <.03 25792 <.001 <.03

25793 <.001 <.03 25794 <.001 <.03 25795 <.001 <.03

25796 <.001 <.03 25797 <.001 <.03 25798 <.001 <.03

25799 <.001 <.03

25800 <.001 <.03

4795 <.001 <.03

4796 <.001 <.03 4797 <.001 <.03 4798 <.001 <.03

21 Splits

0.176 6.034 Std OxL78 Blank <.001 <.03

Certified Assayer: ,~~,~

Queenston (Lebel Project) 0-155

Page 116: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:A u g . 8 , 2 0 1 1

Sample #

479948004801480248034804480548064807480848094810

, 48114704470547064707470847094 7 1 04 7 1 14 7 1 2

PolyMet Laboratories

10783

Splits

Au g/tonneOzlton

Client. Queenston (Lebel Project)Job No. 0-155

<.00 1< .0010.0020 .152<.0010.002<.0010.0020.002<.0010.008<.001Pend<.001<.00 10.012<.001<.001<.0010.002<.001<.00 1

<.03<.030.0695 . 2 1 1<.03

0.069<.030.0690.069<.03

0.274<.03

<.03<.030 . 4 1 1<.03<.03<.030.069<.03<.03

21 Spli ts1 PendStd OxL78

Blank0.176 6 .034

PolyMet Laboratories Client:

CERTIFICATE 10783 Job No.

Date: Splits Aug. 8,2011

Au g/tonne Sample # Oz/ton

4799 <.001 <.03 4800 <.001 <.03 4801 0.002 0.069 4802 0.152 5.211 4803 <.001 <.03 4804 0.002 0.069 4805 <.001 <.03 4806 0.002 0.069 4807 0.002 0.069 4808 <.001 <.03 4809 0.008 0.274 4810 <.001 <.03 4811 Pend 4704 <.001 <.03 4705 <.001 <.03 4706 0.012 0.411 4707 <.001 <.03 4708 <.001 <.03 4709 <.001 <.03 4710 0.002 0.069 4711 <.001 <.03 4712 <.001 <.03

21 Splits

0.176 6.034 1 Pend Std OxL78 Blank <.001 <.03

Certified Assayer: ~~¥ J

Queenston (Lebel Project) 0-155

Page 117: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 8 ,2011

Sample #

47 1347 144 7 1 547 164 7 1 74 7 1 84 7 1 947204721472247234724

. 472547264727472847294730473147324733

Std OxL78Blank

PolyMet Laboratories

10784

Splits

Au g/tonneOzlton

Client. Queenston (Lebel Project)Job No. 0-155

21 Spl i ts

<.001<.001< .001<.001<.001<.001<.001<.0010 .157<.00 1<.0010.002<.0010 . 0 1 4<.001<.001<.001<.001< .001<.001<.001

6.034<.03

<.03<.03<.03<.03< .03<.03<.03<.035.383<.03<.030.069<.03

0.480<.03<.03<.03<.03<.03<.03< .03

0 .176<.001

Certified Assayer:

CERTIFICATE

Date: Aug. 8,2011

Sample #

4713 4714 4715 4716 4717 4718 4719 4720 4721 4722 4723 4724 4725 4726 4727 4728 4729 4730 4731 4732 4733

Std OxL78 Blank

PolyMet Laboratories

10784

Splits

Au g/tonne Oz/ton

<.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.157 5.383 <.001 <.03 <.001 <.03 0.002 0.069 <.001 <.03 0.014 0.480 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 118: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:A u g . 8 , 2 0 1 1

Sample #

473447354736473747384739474047 414742474347444745

, 474647474748474947 5047 5147 52475347 544755

PolyMet Laboratories

1 0785

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

22 Splits

<.00 1<.001<.001<.001< 001< .001<.001<.001<.001<.001< .001<.001< .0010.0080.0500.0280.006< .001<.001<.0010.022<.001

< .03<.03<.03<.03< .03<.03<.03<.03<.03<.03<.03< 0 3<.030.2741 . 7 1 40.9600 206<.03<.03<.030.7 54<.03

Std OxL78Blank

0 .176<.001

6.034<.03

Certified Assayer:

CERTIFICATE

Date: Aug. 8, 2011

Sample #

4734 4735 4736 4737 4738 4739 4740 4741 4742 4743 4744 4745 4746 4747 4748 4749 4750 4751 4752 4753 4754 4755

Std OxL78 Blank

PolyMet Laboratories

10785

Splits

Au g/tonne Oz/ton

<.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.008 0.274 0.050 1.714 0.028 0.960 0.006 0.206 <.001 <.03 <.001 <.03 <.001 <.03 0.022 0.754 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

22 Splits

Page 119: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:A u g . 8 , 2 0 1 1

Sample #

47 5647 5747 58475947604761476247634764476547664767

' 476847694770477 1477247734774477 547764777

Std OxLTBBlank

PolyMet Laboratories

1 0786

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

22 Splits

<.0010.0040.0020 . 0 1 40.004<.001<.001< .001< .001<.001<.001<.001< .001< .001<.001<.001<.001<.0010.167< .001<.001<.001

6.1 03<.03

< .030.1370.0690.4800.137<.03< .03<.03<.03<.03<.03<.03<.03< .03< .03<.03<.03<.035.726<.03<.03< .03

0 . 1 7 8<.001

Certified Assayer.

/ / ' , ,

H4-// c "

' : . /

. _

CERTIFICATE

Date: Aug. 8,2011

Sample #

4756 4757 4758 4759 4760 4761 4762 4763 4764 4765 4766 4767 4768 4769 4770 4771 4772 4773 4774 4775 4776 4777

Std OxL78 Blank

PolyMet Laboratories

10786

Splits

Au g/tonne Oz/ton

<.001 <.03 0.004 0.137 0.002 0.069 0.014 0.480 0.004 0.137 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.167 5.726 <.001 <.03 <.001 <.03 <.001 <.03

0.178 6.103 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

22 Splits

Page 120: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:A u g . 9 , 2 0 1 1

Sample #

477847794780478147824783478447854786478747884789

. 47904791479247934794

PolyMet Laboratories

10787

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No 0-155

Std OxL78Blank

0 .178<.001

<.00 1< .001<.001<.001<.001< .001< .001<.001< .001<.001<.001< .001< .001<.001< .001<.001<.001

6 .1 03<.03

< .03<.03< .03<.03<.03<.03<.03< .03<.03< .03<.03<.03<.03< .03<.03< .03<.03

7,4v'4Certified Assayer:

CERTIFICATE

Date: Aug. 9, 2011

Sample #

4778 4779 4780 4781 4782 4783 4784 4785 4786 4787 4788 4789 4790 4791 4792 4793 4794

Std OxL78 Blank

0.178 <.001

PolyMet Laboratories

10787

Au Qzlton

<.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001 <.001

6.103 <.03

Splits

g/tonne

<.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

Page 121: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

GERTIFICATE

Date:A u g . 9 , 2 0 1 1

Sample #

4064352135594075481 1

0.0420.0520.1 560.0340 . 1 1 0

1 .4401 .7835.3491 . 1 6 63 .771

PolyMet Laboratories

1 0788

Original

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

Check

Au g/tonneOzlton

0.036 1 .2340.056 1 .9200 .164 5 .6230.032 1 .0970 .122 4 .183

5 + 1 0

certifiedAssayer, fu

-

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10788 Job No. 0-155

Date: Original Check Aug. 9,2011

Au g/tonne Au g/tonne Sample # Ozlton Ozlton

4064 0.042 1.440 0.036 1.234 3521 0.052 1.783 0.056 1.920 3559 0.156 5.349 0.164 5.623 4075 0.034 1.166 0.032 1.097 4811 0.110 3.771 0.122 4.183

5 + 10

Certified Assayer:

Page 122: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

A Division of Polymet Resources Ltd.

1 Presley St, P.0. Box 699, Cobalt, Ontario, Canada POJ 1C0Tel: (705) 679-5500 . Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certiff that the assay results in the followingCertificates are factual and true.

Certificate #'s 11844, 1 1845, 11846, 11847 , I 1848, 11849,1 1 8 5 0 , I 1 8 5 1 , 1 1 8 5 7 , I 1 9 5 9 , I 1 8 5 9 ,

Certified by:PresidentlManager

Date: November 2l,20ll

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

LIlla. A Division of Polymet Resources Ltd. "

1 Presley St, P.O. Box 699, Cobalt, Ontario, Canada POJ 1 CO Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 11844, 11845, 11846, 11847, 11848, 11849, 11850,11851, 11857,11858,11859, & 11860

Certified bY>1!£~~) Ch~1Z:er

Certified by: -=-2(., ~---= ~ President/Manager

Date: November 21, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 123: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFIGATE

Date:N o v . 2 1 , 2 0 1 1

Sample #

06976069770697806979069802534

06981069820698306984069850698606987069880698906990069910699206993069940699506996

PolyMet Laboratories

I 1858

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0.002<.0010 . 0 1 60.0040.0320 . 0 1 0Pend0.024<.001<.001<.0010.0060.0140.0040.008<.0010 . 0 1 0<.0010.0060.006<.001<.001

0.069<.030,5490.1371.0970.343

0.823<.03<,03<.03

0.2060.4800.1370.274<.030.343<.030.2060.206<.03<.03

21 Splits1 PendStd OxL 93

Blank0.172<.001

5.897<.03

t ! t l icertified Assayer:

*j^h,_y"t*' " /

Poly Met Laboratories

CERTIFICATE 11858

Date: Splits Nov. 21,2011

Au g/tonne Sample # Oz/ton

06976 0.002 0.069 06977 <.001 <.03 06978 0.016 0.549 06979 0.004 0.137 06980 0.032 1.097 2534 0.010 0.343

06981 Pend 06982 0.024 0.823 06983 <.001 <.03 06984 <.001 <.03 06985 <.001 <.03 06986 0.006 0.206 06987 0.014 0.480 06988 0.004 0.137 06989 0.008 0.274 06990 <.001 <.03 06991 0.010 0.343 06992 <.001 <.03 06993 0.006 0.206 06994 0.006 0.206 06995 <.001 <.03 06996 <.001 <.03

Std OxL 93 0.172 5.897 Blank <.001 <.03

Client: Job No.

21 Splits 1 Pend

Certified Assayer: . / &-. ~j~_/ ~ ·1 {;i

Queenston (Lebel Project) 0-155

Page 124: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:N o v . 2 1 , 2 0 1 1

Sample #

069970699806999070001245109419094200942109422094230942409425094260942709428094290943009431

0.0020.006<.001<.001<,001<.001<.001<.0010.052<.001<.001<.001<.001<.001<.001<.001<.0010.008

0.0690.206<.03<.03<.03<.03<.03<.031.783<.03<.03<.03<.03<.03<.03<.03<.03

0.274

PolyMet Laboratories

1 1859

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

18 SplitsStd OxL 93Blank

0.172<.001

5.897<.03

/ l r lcertified Assayer:

UAIL W^*/tV

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 11859 Job No. 0-155

Date: Splits Nov. 21,2011

Au g/tonne

Sample # Oz/ton

06997 0.002 0.069 06998 0.006 0.206 06999 <.001 <.03 07000 <.001 <.03 12451 <.001 <.03 09419 <.001 <.03 09420 <.001 <.03 09421 <.001 <.03 09422 0.052 1.783 09423 <.001 <.03 09424 <.001 <.03 09425 <.001 <.03 09426 <.001 <.03 09427 <.001 <.03 09428 <.001 <.03 09429 <.001 <.03 09430 <.001 <.03 09431 0.008 0.274

18 Splits Std OxL 93 0.172 5.897 Blank <.001 <.03

Certified Assayer: ~ F

Page 125: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

A Division of Polymet Resources Ltd.

1 Presley St, P.0. Box 699, Cobalt, Ontario, Canada POJ 1C0Tel: (705) 679-5500 . Fax: (705) 679-5519

Email, [email protected] Website: www.polymetinc.com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certit/ that the assay results in the followingCertificates are factual and true.

Certifi cate #'s 10864, 10865, 10866,10870, & 10871

10867, 10868, 10869,

Certified by:

Certified by:President/Manager

Date: August L6,zOn

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief Assayer

A Division of Polymet Resources Ltd.

1 Presley St, P.O. Box 699~ Cobalt, Ontario, Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenstol1 Mining Inc.

(Lebel Project)

We certify that the assay results in the followil1g Certificates are factual and true.

Certificate #'s 10864, 10865, 10866, 10867, 10868, 10869,

10870, & 10871 / ~

Certified by: ~d .~ ~ ~ Chief Assayer ~

Certified by: __ ~ __ /~_--~_? ___ >

President/Manager

Date: August 16, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 126: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date.Aug. 16,2011

Sample #

0505905060050610506205063050640506505066050670506805069050700507 10507249024903490449054906490749084909

<.001 <.03<.001 <.03<.001 <.030 .166 5 .691<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.030.010 0 3430 .012 0 .4110.008 0.27 40.004 0.1370.020 0.686PendPend

PolyMet Laboratories

1 0867

Splits

g/tonne

Client: Queenston (Lebel Project)Job No. 0-155

AuOzlton

20 Splits2 PendStd OxL78

Blank0.176 6.034<.001 <.03 (

certiriedAssayer, r/%>dt

>d

PolyMet Laboratories Client:

CERTIFICATE 10867 Job No.

Date: Splits Aug. 16, 2011

Au g/tonne Sample # Oz/ton

05059 <.001 <.03 05060 <.001 <.03 05061 <.001 <.03 05062 0.166 5.691 05063 <.001 <.03 05064 <.001 <.03 05065 <.001 <.03 05066 <.001 <.03 05067 <.001 <.03 05068 <.001 <.03 05069 <.001 <.03 05070 <.001 <.03 05071 <.001 <.03 05072 <.001 <.03 4902 <.001 <.03 4903 0.010 0.343 4904 0.012 0.411 4905 0.008 0.274 4906 0.004 0.137 4907 0.020 0.686 4908 Pend 4909 Pend

20 Splits 0.176 6.034 2 Pend Std OxL78

Blank <.001 <.03 ~

Certified Assayer: (~.-~ ~~ .

Queenston (Lebel Project) 0-155

Page 127: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 16,2011

Sample #

491 049114912491349144915491 649174918491949204921492249234924492549264927492849334936

PolyMet Laboratories

1 0868

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

PendPendPend<.0010.0280.0520.026<.001<.0010.012Pend<.0010.004Pend0 . 0 1 00.006Pend0.0200.022Pend<.001

<.030 9601.7830.89 1<.03<.030.411

<.030.137

0.3430 206

0.6860.7 54

<.03

14 Spli ts7 PendStd OxL78

Blankat78<.001

6.1 03<.03

Certified Assayer:

PolyMet Laboratories

CERTIFICATE

Date: Aug. 16,2011

Sample #

4910 4911 4912 4913 4914 4915 4916 4917 4918 4919 4920 4921 4922 4923 4924 4925 4926 4927 4928 4933 4936

Std OxL78 Blank

10868

Au Oz/ton

Pend Pend Pend <.001 0.028 0.052 0.026 <.001 <.001 0.012 Pend <.001 0.004 Pend 0.010 0.006 Pend 0.020 0.022 Pend <.001

0.178 6.103 <.001 <.03

Certified Assayer:

Splits

g/tonne

<.03 0.960 1.783 0.891 <.03 <.03

0.411

<.03 0.137

0.343 0.206

0.686 0.754

<.03

Client: Job No.

14 Splits 7 Pend

Queenston (Lebel Project) 0-155

dr /~Q . ~~ a--

Page 128: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 16,2011

Sample #

4944492949304931493249344935493749384939494049414942494349454946494749484949495049514952

PolyMet Laboratories

1 0869

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0.0200 .016PendPend0.0220.012<.001Pend<.001<.001<.0010 .0160 006<.001<.001<.0010.0020 1660.008<.0010.002<.001

0.6860.549

0.7 540 .411<.03

< .03<.03<.03

0.5490.206<.03<.03<.03

0.0695.6910.274<.03

0.069<.03

19 Spl i ts3 PendStd OxL78

Blank0 .178<.001

6.1 03<.03

certiried Assayer, 4*-/ /--q

CERTIFICATE

Date: Aug. 16,2011

Sample #

4944 4929 4930 4931 4932 4934 4935 4937 4938 4939 4940 4941 4942 4943 4945 4946 4947 4948 4949 4950 4951 4952

Std OxL78 Blank

0.178

PolyMet Laboratories

10869

Splits

Au g/tonne Oz/ton

0.020 0.686 0.016 0.549 Pend Pend 0.022 0.754 0.012 0.411 <.001 <.03 Pend <.001 <.03 <.001 <.03 <.001 <.03 0.016 0.549 0.006 0.206 <.001 <.03 <.001 <.03 <.001 <.03 0.002 0.069 0.166 5.691 0.008 0.274 <.001 <.03 0.002 0.069 <.001 <.03

6.103

Client: Job No.

19 Splits 3 Pend

Queenston (Lebel Project) 0-155

Page 129: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 16,2011

Sample #

495349544955495649574958495949604961496249634964496549664967496849694970497 14972497349744975497649774978

PolyMet Laboratories

1 0870

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

<.00 1<.00 1<.001<.001<.001<.001<.001<.001<.00 1<.001Pend<.0010 . 0 1 8<.001<.001<.001<.00 1<.001<.001<.001<.001<.00 1<.00 1<.0010.050<.001

<.03<.03<.03<.03<.03<.03<.03<.03< .03<.03

<.030.617<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03<.031 . 7 1 4<.03

25 Splits1 PendStd OxL78

Blank0.174<.001

5.966<.03

Certified Assaver: 4/ 4L

CERTIFICATE

Date: Aug. 16,2011

Sample #

4953 4954 4955 4956 4957 4958 4959 4960 4961 4962 4963 4964 4965 4966 4967 4968 4969 4970 4971 4972 4973 4974 4975 4976 4977 4978

Std OxL78 Blank

PolyMet Laboratories

10870

Splits

Au g/tonne Ozlton

<.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 Pend <.001 <.03 0.018 0.617 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 0.050 1.714 <.001 <.03

0.174 5.966 <.001 <.03

Certified Assayer:

Client: Job No.

25 Splits 1 Pend

Queenston (Lebel Project) 0-155

Page 130: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Aug. 16,2011

Sample #

135240854086408740884090409140924098410841094 1 1 04112490849094910491 1491249204923492649334930493149374963

Check

Au g/tonneOzlton

0.050 1 .7140.808 27.7031.650 56.5726.518 223.47625.450 872.5791.932 66.2415.062 173.5560.210 7.2000.040 1 .37 10.054 1.8511.990 68.2291 .440 49.3720.034 1 .1660.054 1.8510.076 2.6060 060 2.0570.044 1.5090.026 0.8910.080 2.7 430.026 0.8910.064 2.1940.036 1.2340.044 1.5090.030 1.0290.128 4.3890.030 1.029

2 6 + 5 2

PolyMet Laboratories

10871

Original

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0.0600.9562.3467.35823.8121.8623.9460.3000.0440.0382.0421.3240.0360.0800.0940.0600.0440.0360.0560.0360.0540.0360.0340 0360.0720.036

2.05732.77780.435252.2768 1 6 . 4 1 863 841135.29310.2861 .5091.303

70.01245.3951.2342.7433.2232.0571.5091.2341.9201.2341 .8511.2341 . 1 6 61.2342.4691.234

Certified Assayer:

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 10871 Job No. 0-155

Date: Original Check

Aug. 16, 2011 Au g/tonne Au g/tonne

Sample # Ozlton Ozlton

1352 0.060 2.057 0.050 1.714

4085 0.956 32.777 0.808 27.703

4086 2.346 80.435 1.650 56.572

4087 7.358 252.276 6.518 223.476

4088 23.812 816.418 25.450 872.579

4090 1.862 63.841 1.932 66.241

4091 3.946 135.293 5.062 173.556

4092 0.300 10.286 0.210 7.200

4098 0.044 1.509 0.040 1.371

4108 0.038 1.303 0.054 1.851

4109 2.042 70.012 1.990 68.229

4110 1.324 45.395 1.440 49.372

4112 0.036 1.234 0.034 1.166

4908 0.080 2.743 0.054 1.851

4909 0.094 3.223 0.076 2.606

4910 0.060 2.057 0.060 2.057

4911 0.044 1.509 0.044 1.509

4912 0.036 1.234 0.026 0.891

4920 0.056 1.920 0.080 2.743 4923 0.036 1.234 0.026 0.891 4926 0.054 1.851 0.064 2.194

4933 0.036 1.234 0.036 1.234

4930 0.034 1.166 0.044 1.509

4931 0.036 1.234 0.030 1.029

4937 0.072 2.469 0.128 4.389 4963 0.036 1.234 0.030 1.029

26 + 52

Certified Assayer:

Page 131: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

@HWM@€ [email protected] 1 Pres'evij; ??,ffi::-i':?::ffi;l:#;

P'J 1(A Division of Polymet Resources Ltd'

R Email: [email protected] website: www.polyrnetinc.cor

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certi$r that the assay results in the followingCertificates are factual and true.

Certifi cate #'s 1126A,TT266,t1272,t r278,

tl26t, 11262,tr267, I t 268,11273, 1 1274,& rr279

Certified by:

11263, 1 1264, 11265,11269, 1 1270, Tr27 l ,l l27 5 , 1 127 6, r r277 ,

Certified by:

Date: September 26, 20Il

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

Chief Assayer

President/Manager

1 Presley Sf, P.O. Box 699, Cobalt. Ontario, Canada POJ 1 CO

Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 11260, 11261, 11262, 11263, 11264, 11265, 11266,11267,11268,11269,11270,11271, 11272, 11273, 11274, 11275, 11276, 11277, 11278, & 11279 /--

CertifiedbY:~ k ~ Chief Assayer

Certified by: #.. -= -

Presioent/Manager

Date: September 26, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 132: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Sept. 26,2011

Sample #

0724507246330607382073830738407385073860738707388073890739007391073920739307394073950739607397073980739907400

<.001 <.03<.001 <.03Pend0.01 8 0.6170.010 0 .343<.001 <.03<.001 <.03<.001 <.03<.001 <.03<.001 <.030.018 0 .6170.016 0 .5490.018 0 .617<.001 <.030 .012 0 .4110.014 0.4800.018 0 .6170.028 0.9600.026 0.891<.001 <.03<.001 <.030.014 0.480

PolyMet Laboratories

11271

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

211

SplitsPendStd OxL78

Blank0 .176<.001

6.034<.03

Certified Assayer

4

CERTIFICATE

Date: Sept. 26, 2011

Sample #

07245 07246 3306

07382 07383 07384 07385 07386 07387 07388 07389 07390 07391 07392 07393 07394 07395 07396 07397 07398 07399 07400

Std OxL78 Blank

0.176 <.001

PolyMet Laboratories

11271

Au Oz/ton

<.001 <.001 Pend 0.018 0.010 <.001 <.001 <.001 <.001 <.001 0.018 0.016 0.018 <.001 0.012 0.014 0.018 0.028 0.026 <.001 <.001 0.014

6.034 <.03

Splits

g/tonne

<.03 <.03

0.617 0.343 <.03 <.03 <.03 <.03 <.03

0.617 0.549 0.617 <.03

0.411 0.480 0.617 0.960 0.891 <.03 <.03

0.480

Client: Job No.

21 Splits 1 Pend

Queenston (Lebel Project) 0-155

Page 133: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:Sept. 26,2011

Sample #

074010740207403074040740507406074070740807409074100741107247072480724907250072510725207253072540725507256

<.001<.0010.0020 . 0 1 80.0200 . 0 1 8<.0010.0200.0280 .0180.008<.001<.001<.001<.001<.001<.001<.001<.001<.001<.001

<.03<.03

0.0690.6170.6860.617<.03

0.6860.9600.6170.274<.03<.03<.03<.03<.03<.03<.03<.03<.03<.03

PolyMet Laboratories

11272

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

21 SplitsStd OxL78Blank

0 .176<.001

6.034<.03

Certified Assayer. 4RJ

CERTIFICATE

Date: Sept. 26, 2011

Sample #

07401 07402 07403 07404 07405 07406 07407 07408 07409 07410 07411 07247 07248 07249 07250 07251 07252 07253 07254 07255 07256

Std OxL78 Blank

PolyMet Laboratories

11272

Splits

Au g/tonne Ozlton

<.001 <.03 <.001 <.03 0.002 0.069 0.018 0.617 0.020 0.686 0.018 0.617 <.001 <.03 0.020 0.686 0.028 0.960 0.018 0.617 0.008 0.274 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03 <.001 <.03

0.176 6.034 <.001 <.03

Certified Assayer:

Client: Queenston (Lebel Project) Job No. 0-155

21 Splits

Page 134: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

A Division of Polymet Resources Ltd.

1 Presley St, P.0. Box 699, Cobalt, Ontario, Canada POJ 1C0Tel: (705) 679-5500 . Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of AnalvsisQueenston Mining Inc.

(Lebel Project)

We certiff that the assay results in the followingCertificates are factual and true.

Certificate #'s 11844, 1 1845, 11846, 11847 , I 1848, 11849,1 1 8 5 0 , I 1 8 5 1 , 1 1 8 5 7 , I 1 9 5 9 , I 1 8 5 9 ,

Certified by:PresidentlManager

Date: November 2l,20ll

Disclaimer: The results included on this report relate only to the items tested.The Certificate of Analysis should not be reproduced except infull, without the written approval of the laboratory.

LIlla. A Division of Polymet Resources Ltd. "

1 Presley St, P.O. Box 699, Cobalt, Ontario, Canada POJ 1 CO Tel: (705) 679-5500 • Fax: (705) 679-5519

Email: [email protected] Website: www.polymetinc.com

Certificate of Analysis Queenston Mining Inc.

(Lebel Project)

We certify that the assay results in the following Certificates are factual and true.

Certificate #'s 11844, 11845, 11846, 11847, 11848, 11849, 11850,11851, 11857,11858,11859, & 11860

Certified bY>1!£~~) Ch~1Z:er

Certified by: -=-2(., ~---= ~ President/Manager

Date: November 21, 2011

Disclaimer: The results included on this report relate only to the items tested. The Certificate of Analysis should not be reproduced except in full, without the written approval of the laboratory.

Page 135: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFIGATE

Date:N o v . 2 1 , 2 0 1 1

Sample #

06976069770697806979069802534

06981069820698306984069850698606987069880698906990069910699206993069940699506996

PolyMet Laboratories

I 1858

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

0.002<.0010 . 0 1 60.0040.0320 . 0 1 0Pend0.024<.001<.001<.0010.0060.0140.0040.008<.0010 . 0 1 0<.0010.0060.006<.001<.001

0.069<.030,5490.1371.0970.343

0.823<.03<,03<.03

0.2060.4800.1370.274<.030.343<.030.2060.206<.03<.03

21 Splits1 PendStd OxL 93

Blank0.172<.001

5.897<.03

t ! t l icertified Assayer:

*j^h,_y"t*' " /

Poly Met Laboratories

CERTIFICATE 11858

Date: Splits Nov. 21,2011

Au g/tonne Sample # Oz/ton

06976 0.002 0.069 06977 <.001 <.03 06978 0.016 0.549 06979 0.004 0.137 06980 0.032 1.097 2534 0.010 0.343

06981 Pend 06982 0.024 0.823 06983 <.001 <.03 06984 <.001 <.03 06985 <.001 <.03 06986 0.006 0.206 06987 0.014 0.480 06988 0.004 0.137 06989 0.008 0.274 06990 <.001 <.03 06991 0.010 0.343 06992 <.001 <.03 06993 0.006 0.206 06994 0.006 0.206 06995 <.001 <.03 06996 <.001 <.03

Std OxL 93 0.172 5.897 Blank <.001 <.03

Client: Job No.

21 Splits 1 Pend

Certified Assayer: . / &-. ~j~_/ ~ ·1 {;i

Queenston (Lebel Project) 0-155

Page 136: QUEENSTON MINING INC. - Ontario...Queenston Mining Inc., Lebel Gold Property, 2011 Diamond Drill Report Page 4 1.0 EXECUTIVE SUMMARY This report considers two drill holes undertaken

CERTIFICATE

Date:N o v . 2 1 , 2 0 1 1

Sample #

069970699806999070001245109419094200942109422094230942409425094260942709428094290943009431

0.0020.006<.001<.001<,001<.001<.001<.0010.052<.001<.001<.001<.001<.001<.001<.001<.0010.008

0.0690.206<.03<.03<.03<.03<.03<.031.783<.03<.03<.03<.03<.03<.03<.03<.03

0.274

PolyMet Laboratories

1 1859

Splits

Au g/tonneOzlton

Client: Queenston (Lebel Project)Job No. 0-155

18 SplitsStd OxL 93Blank

0.172<.001

5.897<.03

/ l r lcertified Assayer:

UAIL W^*/tV

PolyMet Laboratories Client: Queenston (Lebel Project)

CERTIFICATE 11859 Job No. 0-155

Date: Splits Nov. 21,2011

Au g/tonne

Sample # Oz/ton

06997 0.002 0.069 06998 0.006 0.206 06999 <.001 <.03 07000 <.001 <.03 12451 <.001 <.03 09419 <.001 <.03 09420 <.001 <.03 09421 <.001 <.03 09422 0.052 1.783 09423 <.001 <.03 09424 <.001 <.03 09425 <.001 <.03 09426 <.001 <.03 09427 <.001 <.03 09428 <.001 <.03 09429 <.001 <.03 09430 <.001 <.03 09431 0.008 0.274

18 Splits Std OxL 93 0.172 5.897 Blank <.001 <.03

Certified Assayer: ~ F