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Ubique Minerals Limited Buchans Wiley Property 2016

Second and Third Year Assessment Report Review of All Data Available on Ubique Minerals Limited Claims and Review Recommendations Regarding Diamond Drilling on Unresolved Questions about Several Anomalies, on the Ubique Minerals Limited, Wiley Property in the Buchans Area of Central Newfoundland. Licence 022404M (42 claims)

Licence 021555m (6 claims)

NTS 12A/15

Total Expenditures:

Licence 022404M $15,493.38

Licence 021555M $1,580.00

Report Written By: Roland V. Crossley, P. Geo For Ubique Minerals Limited July 2016

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TABLE OF CONTENTS:

Page

1:1 Summary 4

1:2 Introduction 4

1:3 Location, Access, Climate and Topography 6

1:4 History and Exploration 6

1:5 Geology of Buchans Area 10

1:6 Mineralization 12

2:1 Clench Brook Area 12

2:2 Recommendations Clench Brook Area 13

2:3 Wiley Lake Area 15

2:4 Recommendations Willey Lake Area 20

2:5 Clench Brook South 20

2:6 Recommendations Clench Brook South 22

2:7 Conclusions 22

TABLE OF FIGURES: Page

FIGURE I Property Location 5

FIGURE II Claim Group 7

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FIGURE III Geology Map Ubique Minerals Claims 9

FIGURE IV Buchans Mine Section 11

FIGURE V Proposed Drill Holes Clench Brook 14

FIGURE VI Wiley Lakes Area-Geology, Mineralized

Float and Geochemical Anomaly 16

FIGURE VII Wiley Lake Area-Section A-A’ 17

FIGURE VIII Wiley Lake Area-Ice Movement and

Recommended Drill Holes Location 19

FIGURE IX Clench Brook South- Geology, Drill Holes,

Geophysics and Proposed Drilling 21 3:1 References 24

Appendix: 29

Expenditures: 29 Re-log BR-01-12-02 30 Re-log H-2944 31

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1:1: SUMMARY

This report was undertaken for Ubique Minerals Limited to review all the available information and re-assess earlier results. Three areas of interest were noted. 1. The Clench Brooke Area, associated with drill hole H-2944. Earlier reports recommended drilling in this area, which was not executed, with the exception of minor changes in the proposed holes. Strong evidence for possible improving mineralization down dip or along strike constitutes good reason to complete this drilling. 2. The Wiley Lake area, where drilling of soil geochemical and geophysical anomalies yielded nothing of interest, however data indicates the geochemical anomaly is in glacial till and is probably transported from the north. Drilling is highly recommended to the Northeast, were the area is believed to be underlain with felsic rocks of the Buchans formation. 3. The Clench Brook South area, associated with overlapping TDEM anomaly and IP anomaly. They appear to lie parallel and adjacent to the Powerline Thrust, which can be followed almost all the way back to the Buchans mine site. 1:2: INTRODUCTION The Ubique Minerals Limited Buchans Wiley Property is located about 4 km southwest of the town of Buchans, on NTS map sheet 12A/15. (See Fig. I and II). It contains two claim blocks, Licence 021555M and Licence 022404M, with a total of 48 claims. Assessment includes a review of all previous work, the reinterpretation of results as required, and the recommendations for drilling in the three main areas of interest: Clench Brook, Wiley Lake and Clench Brook South.

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1:3: LOCATION, ACCESS, CLIMATE AND TOPOGRAPHY Access is from the town of Badger, located on the Trans-Canada in central Newfoundland, via Route 370. It is 72 km to the town of Buchans. Access to the property is by gravel roads and various trails from Buchans, using four wheelers in summer and snowmobiles in winter. Climate is variable. The average temperature from June to September is 14.1C, and the average daily minimum from November to February is -8.4C. Extreme maximum for summer is 33C, and extreme minimum in winter is -33.5C. Average rainfall is 877mm, and average snowfall is 359.3 cm. The local terrain is relatively flat, with minor areas of low relief, generally ponds and bogs, with occasional hills. The elevation ranges from 250 to 450 meters above sea level. There are many small ponds and lakes on the property. The largest is Wiley Lake, approximately 1.5km by 1km. Clench Brook drains most of the property including Wiley Lake. It starts in the southwest corner and wanders across the middle of the property to the East, and eventually drains southward into Red Indian Lake. 1:4: HISTORY AND EXPLORATION The Buchans Wiley Property lies only about 4 km southeast of the original Buchans Mining operation. This area has a long and complex history, starting in 1905 with the discovery of mineralization by Matty Mitchell on what was to become the Buchans ore bodies. It was not till the development of selective flotation that mining development started in 1925. This was a joint venture, 50:50 between Asarco and the Anglo-Newfoundland Development Company. In 1926, the Oriental and Lucky Strike ore bodies were found using an early type of geophysics. In 1946, the Rothermere ore body was found, followed by the MacLean ore body in 1947. The last zone found was the MacLean Extension, in 1979. Production ceased in 1984 with a total production of 16,196,875 tonnes of ore at an average grade of 14.5% Zn, 7.6 Pb, 1.33%Cu, 126g/t Ag and 1.5g/t Au.

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Prior to 1991, the property was explored as part of the area licensed as a long-term venture by ASARCO and Abitibi Price Inc., and it also included several Reid lots. During this time, the area was covered by an airborne EM, magnetic surveys, and ground based EM, magnetic and Induced polarization surveys. Geochemistry using soils and local basal till coverage was undertaken in some areas. Geological mapping and a few scattered shallow diamond drill holes produced confusion, as it was extremely difficult to tell which of the four Buchans area formations you were in. In 1991, a large part of the area south west of Buchans was considered to be underlain by the Buchans footwall lithologies and thus given a low probability for ore potential. A reinterpretation by Thurlow et al. (1987) changed the original placement of the area to the Buchans Group and made it more favourable for possible ore development. Zagorevski et al. released a new geological map in 2009, based on lithogeochemistry and a partially revised stratigraphy. (Figure III). B.P. Resources Canada completed a large program of line cutting (67.5km) and 58.05 km of EM-37 TDEM surveys, and three areas were selected for diamond drilling. In 1992 Noranda completed 17.8 km of Bougouer gravity surveys to cover the TDEM anomalies found by B.P. Resources Canada in 1991. Gravity anomalies were identified, but were attributed to sedimentary horizons. Buchans River Ltd. and GT Explorations Ltd. carried out compilation and complete relogging of diamond drill core in 1997. In 1998-2001, Billiton Resources Canada Ltd. entered into a joint venture with Buchans River Ltd. and GT Exploration Ltd. They carried out limited MMI surveys, line cutting, IP surveys and a litho geochemical study, and drilled three holes. In 2005 Celtic Minerals Ltd. obtained 70 claims in the area and drilled three diamond drill holes in the Wiley Lake area. Nothing of interest was found.

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1:5: GEOLOGY OF BUCHANS AREA The following is largely from Thurlow’s “Geology of the Buchans Orebodies—A 1988 summary” The Buchans Group forms part of the Dunnage Zone of central Newfoundland, a deformed volcano-sedimentary terrain which records the opening and subsequent closure of the lower Paleozoic Iapetus Ocean. It is a complex assemblage of Middle Ordovician subaqueous mafic and felsic volcanic and volcanoclastic rocks and related proximal clastic sediments. Thurlow’s Buchans Group stratigraphy and geology is summarized in Fig. IV, a North - South schematic cross section. It consists of four felsic and mafic formations mixed with various amounts of sedimentary units, which are characterized by rapid lithologic variations and facies changes. Basaltic rocks are generally pillowed and amygdaloidal, and contain augite and plagioclase phenocrysts. Pillow breccias are commonly interbedded with pillow lava. Felsic rocks range from dacitic to rhyolitic composition and normally contain quartz and plagioclaise phenocrysts. These rocks are commonly coarsely fragmental and characterized by a bewildering array of fragment types, sizes and support styles, and by matrix compositions from pumiceous pyrclastics to volcanic wacke. Discontinuous lenses of siltstone, wacke and volcanic conglomerate are commonly associated with felsic pyroclastic sequences, chemical sediments are rare. Carbonate rocks and graphitic sediments are volumetrically less abundant than massive sulphides, though depositional-diagenetic calcite in void spaces and hematitic alteration are common. The deformation was inhomogeneous, with relatively thin brittle-ductile fault/shear zones separating unstrained volcanic panels. The thrust system is dominated by duplex and antiformal stack geometries, which are nested at a variety of scales ranging from orebody scale to that of the entire Buchans Group.

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1:6: MINERALIZATION The Buchans ore bodies are classified as a Kuroko-like, they are baritic and polymetallic and are the highest-grade massive sulphide deposits in Canada. In general there appears to be a close association with coarse-grained pyroclastic rocks and rhyolitic domes. There are three distinct ore types found in Buchans that are termed “stock work”, “in-situ” and “transported”. The stockwork consists of networks of veinlets and disseminated pyrite with minor base metal sulphides and barite. The host rocks are silicified and/or chloritized, and, in many places, may obscure the original host. Peripheral stockwork alteration is dominated by sericite and disseminated pyrite. Stock work ores tend to be more pyritic than high-grade ore bodies and are relatively higher in copper and poor in lead and zinc. The in-situ ores structurally over lie the stockwork mineralization. The ore is characterized by texture ranging from massive to brecciaed to streaky banded. Transported ore consists of unsorted, matrix-supported re-sedimented breccias deposits hosted within felsic pyroclastics. These deposits are believed to be developed by gravity flow of the in-situ ore down slope and re-deposited in lowland areas, where they are re-cemented. Grade is proportional to the abundance of very high grade black ore, yellow ore and barite, but not to the distance of transport from the source. 2:1: CLENCH BROOK AREA The Clench Brook area lies at the western end of the Wiley Lake claim group and north of Clench Brook. The area is of interest for several reasons: it is underlain by felsic rocks (diamond drill hole H-2944), there are several weak anomalous geochemical samples taken in the area, and it appears to be a long strike from the Clementine zone. See re-log in appendix. The felsic rocks are important, as there is a relationship between them and the various types of ore zones in the Buchans camp.

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DDH H-2944 was collared at -50 and at an azimuth of 270 true; it was drilled in December 1978 (Fig V). This hole penetrated a thick section of pyroclastic rocks containing rhyolitic fragments and pumice etc. After collaring through 9ft (2.7m) of overburden, it was in felsic rocks with occasional sediments to 670 ft (204.3m). From 670 to 700 (213.4m) from the end of hole, it was in Basaltic Lapilli Tuff, which was interpreted as possibly the “Clementine Footwall”. The hole from 520.0ft to 560.6ft (158.5 to 170.9m) intersected a zone of alteration with sericite and local strong black chloritic alteration and silicifacation, and with up to an estimated 15% pyrite associated with variable amounts of chalcopyrite, galena and sphalerite and some barite. The best assay obtained was from 540ft to 545ft (164.6 to 166.2m) and contained 175ppm Cu, 2165 ppm. Pb, 0.67% Zn, 4.1 ppm Ag and 328 ppb Au. Very little information is available for this area; however, a regional map indicates the local strike to be roughly North-South. One sedimentary unit in H-2944 yielded core angles at 45 to 50, therefore assuming a North-South strike; the dip must be very steep to almost vertical. One hole, H-2970, was drilled approximately 65 m diagonally behind 2944. It was in good felsic rocks, but was not deep enough to intersect the projected alteration zone. If the dip continued as shown on the sketch, the hole would have to have been as deep as 450 to 500m. 2:2 RECOMMENDATIONS CLENCH BROOK AREA The alteration zone plus the weak mineralization may indicate the nearby presence of better mineralization. Therefore the following is recommended: a hole drilled 50 m due east of H-2944 at minus 60and azimuth of 270. The final depth of the hole would be at least 300m and possibly deeper, to cut the down dip extension of the mineralization in H-2944. Depending on results, two additional holes are recommended, one, 50 m due south of H- 2944 drilled at -50 at azimuth 270 and two, 50 m north of H-2944 drilled at -50 at azimuth 270. The estimated depth would be in the range of 225m. See Fig V, which shows a plan and section with the proposed holes in blue.

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2:3: WILEY LAKE AREA WILEY LAKE GOCHEMISTRY, GEOPHYSICS AND DIAMOND DRILLING FIGURE VI DDH BR-01-19-01 was drilled on a soil geochem anomaly at -50, it failed to reach bed rock and was lost in overburden at 43 meters. The following appears in the log: “about 0.5 m of conglomerate with volcanic clasts was recovered” before it was lost. The log also notes, “mostly granitic and mafic boulders were found” in overburden. It also notes “minor boulders” with sp, ga and cpy in stockwork quartz veins” were recovered from the overburden. DDH BR-01-19-02 drilled at -90 about 50 m south, southeast of the failed hole-01-19-01; it was collared in bedrock at 33m. It was drilled to 108 m by Buchans Resources, and later deepened to 209 m by Celtic Minerals. The hole was logged as conglomerate and or polylithic coarse cobble to bolder conglomerate. Besides minor pyrite, no mineralization was found. DDH WL-06-03 drilled at -60 about half way between BR-01-19-02 and DDH 0205. The first 4.5m in bedrock was logged and polylithic breccia. The next 154.9m was logged as Mafic, possibly intrusive. The next 106 m was logged as Felsic volcanic breccias, and the final 13.5 m as siltstone and sandstone. Besides a few traces of pyrite, no mineralization was found. DDH 0205 drilled at -90 to a final depth of 1611ft (491.2m). The first 52ft (15.9m) was overburden, followed by 635ft (193.6m) of polylithic breccia with a mixture of basalt, rhyolite, pumice and limy clasts. This is followed by 231 ft (70.4 m) of mixed rhyolite and pumiceous pyroclastic breccia with one mafic dyke, the next 89 ft (27.1 m) could be a diabase or pillowed lava. The final 604 ft (184.1 m) is a mafic dyke. DDH WL-01-01 and 01-02 drilled on the northwestern edge of Wiley Lake. The rocks intersected appear to be structurally the lateral equivalent of the

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three holes to the east, with possible facies changes along strike of the pyroclastic conglomerate of these units to the east to more volcanic units. No mineralization was found in either hole. See projected section A-A’, Figure VII. It is obvious from the drilling that no explanation for the geophysical anomalies has been found. From the map and angles of drill holes, it is possible to conclude that the holes were drilled too far back from the anomalies to have intersected their cause, or the anomaly may follow along a contact between different rock units. Section A-A was constructed to look at what was occurring from west to east (Figure VII). It appears that the section is sub-parallel to strike and has not intersected any significant mineralization. A recent geology map by Zagorevski et al has determined, using lithogochemistry, that the rocks in this area are probably in the Sandy Lake formation, which is not known to contain ore. The geophysical anomalies are likely the result of minor pyrite mineralization on stratigraphic contacts or possible graphite. The assessment report by Geoterrex-Dighem shows a weak to moderate apparent conductivity anomaly that coincides with the centre of Wiley Lake; this can be compared to a slightly stronger response about Sandy Lake to the northeast of the town of Buchans. It was attributed to surficial material (swamps, clay etc.), therefore both can explain the geophysical anomalies of Wiley Lake. The geochemical anomaly also remains partly unexplained for different reasons. As the log indicates, some mineralized material was found in the overburden, and the depth of overburden indicates this is a thick pile of glacial till and was likely transported from elsewhere. Glacial maps of ice direction in this area show the major ice movement from southwest to south-southeast, and an average general direction of south-south west (see map of Wiley Lake Figure VIII). Several well mineralized pieces of angular float (see Quinlan) have been found along Clench Brook between Wiley Lake and north of Wiley Lake and the lake immediately to the east, having a good assay of up to 13.50% Zn, 1.84% Cu and 3.20% Pb plus 26.4 g/t Ag, and also several boulders of barite have been found (Figure VIII). Regional lithogeochemistry, Zagorevski et al., indicates a belt of felsic volcanics is

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believed to be part of the Buchans Fm and may underlie the area to the north and immediately to the south of the Power Line Thrust Fault. Thurlow, J.G. in his 1988 summary notes, “All major ore bodies are bounded on at least one side by thrust faults”. 2:4: RECCOMENDATIONS WILEY LAKE AREA The following is recommended: a fence of holes drilled at N 35 W. The first hole to be drilled at approximately 507,413E, 5,404,213N (NAD 27) at a dip of -90; it must penetrate at least 75 m of bedrock or more to ascertain if it is the correct zone for mineralization to be present. The first hole is to be followed by a second one 75 m south, and a third at 75 m north along the N 35 W line. They must penetrate enough bedrock to determine bedrock type and look for possible mineralization. Two more holes, 4 and 5 north or south, as dictated from data in holes 1, 2and 3. Follow-up drilling may be necessary, depending upon results (Figure VII). 2:5: CLENCH BROOK SOUTH This area is located near a contact defined by the Powerline Thrust Fault, where the strike changes from approximately north-south to approximately east northeast to west southwest (Figure IX). Buchans River drilled two holes, BR-01-12-02 and BR-01-12-02, at azimuth 270 to the west and northwest of an interesting geophysical target. Both were in felsic rocks and no mineralization was observed; the holes were apparently drilled on a MMI Geochemical anomaly. See re-log BR-01-12-02 in appendix. An IP anomaly is partially coincidental with a TEM conductor and parallel to the thrust fault with an approximate east-west strike. Remember Thurlow: “Major ore bodies are bounded on at least one side by a thrust fault”. See also report by ERA-Maptec Limited on relationship of Buchans ore bodies and faults.

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2:6: RECOMMENDATIONS CLENCH BROOK SOUTH One hole at approximately 503,219 E -- 5,402,788 N drilled on 163 Azimuth at -50 to a depth of 250 m; this hole should cross both the EM and IP anomaly. 2:7: CONCLUSIONS Three areas, Clench Brook, Wiley Lake and Clench Brook South have demonstrated they have excellent potential for finding economic mineralization. Therefore this drill is highly recommended. Estimated total meters of drilling: Clench Brook Hole 1 300m Hole 2 225m Hole 3 225m Willey Lake Holes 4-9 500m Clench Brook South Hole 10 250m Estimated Total for program 1525m Estimated cost for NQ drilling Mobilization and de Mob, 3000.00 Drilling 1525m @ $60.00 per meter 91500.00 Consumables, casing shoes, fuel, core boxes casing etc at 25% of drilling cost 22875.00 Supervision, core logging etc 20000.00 Total 137375.00 10% contingency 13738.00 Grand total $ 151113.00 Overall cost approx $ 99 per meter.

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Respectfully submitted, Roland V. Crossley P. Geo July, 2016

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3:1: WILEY LAKE REFERENCES MISSALANEOUS SOURCES Kean, B.F, Buchans Map Area (12A/15), Newfoundland Stuckless. Elliot, 2014. Buchans Wileys Property, Central Newfoundland, NTS 12A/15 Quinlan. Larry. 2016. Buchans Wiley Property, Prospecting With Rock And Soil Sampling. Buchans Area Newfoundland. NTS 12A/15 Thurlow, J.G, et al. 1981. Geology And Ore Deposits of the Buchans Area, Central Newfoundland. Geological Association of Canada Special Paper 22,1981. Thurlow, J.G., et al. 1987. Stratigraphy and structure of the Buchans Group. In Buchans Geology, Newfoundland. Edited by R.V. Kirkham, Geological Survey of Canada Paper 86-24. Thurlow, J.G. 1988. Geology of the Buchans Orebodies - a 1988 Summary, B.P. Canada. FROM NEWFOUNDLAND DEPT OF MINES AND ENERGY GEOFILES Delaney, P. , 2007. First year assessment report on diamond drilling on LIC. 1094M, Celtic Minerals, GeoFile Number 12A/15/1318 Delaney, P. 2001. Sixth year assessment report on geophysics, geochem and diamond drilling on Lic. 6166 Central Newfoundland. GeoFile Number 12A/0985

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ERA-Maptec Ltd. 2001. First year supplementary and sixth year supplementary report on geological exploration in the Buchans area’ central Newfoundland. Prepared for Billiton Exploration Canada Limited (joint venture partner) and Buchans River Ltd. (owner of the Property). GeoFile Number 12A/15/0921 Geoterrex-Dighem. 1999. Assessment report on geophysical exploration

For Billiton Exploration Canada Limited (joint venture partner) in the Red Indian Lake area, central Newfoundland. GeoFile Number NFLD/2764 & NFLD/3025

Grave, J., et al. 1992. Assessment report on prospecting, compilation Geophysical and geochemical exploration for 1991 near Buchans in central Newfoundland. GeoFile Number 12A/0666 G.W.H. van Hees, et al, 2012. Volcanology and Stratigraphy of

The Lunberg Zone, Buchans Newfoundland. GeoFile Number NFLD3165

Harris, J. et al. 2001. Eighth year supplementary report on compilation and geochemical exploration for property in the Clementine, Wiley Lake area near Buchans in central Newfoundland. GeoFile Number

12A /15/0979. Harris, J., et al. 2001. Assessment report on geochemical and geophysical

interpretation for 2001 submission for claim group in the Sandy Lake area, near Buchans in central Newfoundland by Billiton Resources Canada Incorporated (joints venture partner). GeoFile Number 12A/15/0990.

Harris, J. , 2001. Assessment report on geophysical and diamond drilling exploration for 2000 on claims in the Buchans area of Central Newfoundland. GeoFile Number 12A/15/0996

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Harris, J., 2001. Fifth supplementary assessment report on diamond drilling exploration for licence 5668M on claims in Wiley Lake area,

Buchans, central Newfoundland. GeoFile Number 12A/15/0975

Harris, J., et al. 2000. Second year, third year, fourth year and seventh year Supplementary assessment report on geophysical and diamond drilling exploration and relogging of core in the Clementine area near Buchans, Newfoundland by Billiton Exploration Canada (joint venture partner). GeoFile Number 12A/0947

Harris, J. , et al. 1997. First year, second year and third year supplementary assessment report on compilation on relogging of diamond drill core in the Clench Brook-Wiley Lake area, near Buchans, central Newfoundland. Report for GT Explorations Ltd. (owner of property) GeoFile Number 12A/15/0771

Harris, J., et al. 1997. First year, second year and third year supplementary assessment report on geochemical exploration and relogging of diamond drill core in the Clementine area, near Buchans in central Newfoundland. Report prepared for Newfoundland Mining and Exploration Limited, GT Exploration Ltd and Newmines (owners of the property). GeoFile Number12A/15/0769

Harris, J. et al. , 1997. First year assessment report on compilation and

re-logging diamond drill core for Licences 4901M and 5575M in the Clench Brook and Wiley Lake area near Buchans, central Newfoundland GeoFile Number 12A/15/0771

van Hees, G.W.H. et al, Volcanology and Stratigraphy of the Lundberg Zone, Buchans, Newfoundland. Current Research (2012) Newfoundland and Labrador Dept of Natural Resources, Geological Survey, Report 12-1, pages 147-166. GeoFile Number NFLD/3165

Jenner, G.A. , 2002. Assessment report on geochemical exploration for 2001 and for second year supplementary, forth year supplementary fifth and sixth year supplementary and seventh and ninth supplementary on claims in the Buchans area of central

Newfoundland. GeoFile Number 12A/1008

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Moore, P. et al, 2008. Report by Buchans River Limited on claim groups in The Buchans Area. 12 A/15. GeoFile Number 12A/15/1484

Moore, P., et al, 2005. Assessment report on compilation reserve estimation, geophysical, and diamond drilling exploration on Buchans area

central Newfoundland. GeoFile Number 12A/15/1368 Organ, J.S., 2014. TILL GEOCHEMESTRY OF THE RED INDIAN LAKE BASIN. GeoFile Number 12A/1562 Saunders, P., et al, 1998. First, second, third and fourth year assessment

report of geochemical exploration and relogging of diamond drill core for Newfoundland Mining and Exploration Limited (owner of Property) and GT Exploration (owner of property) in central Newfoundland. GeoFile Number12A/15/0842

Saunders, P. , et al. 1998. Fourth year assessment report on geochemical and relogging of diamond drill core prepared for Buchans River Limited (owner of property) in the Buchans area. GeoFile Number 12A/15/0810 Thurlow, J. G. , 1984. A field guide to Buchans area, GeoFile NFLD/1468 Thurlow, J.G. 1980. Report on exploration for 1979 on Anglo Newfoundland Development Charter and associated Reid lots 227-235 and 247 in Buchans area Newfoundland. GeoFile Number 12A/0272. Thurlow, J.G,. 1978. Diamond Drilling report for little Sandy River, Victoria Mine and Tulks east areas in the Buchans area

Newfoundland. GeoFile Number 12A/10/0230

Wallis, R.H., 2002. Third, sixth and seventh year supplementary, and ninth year supplementary assessment report on compilation and exploratory history for Buchans River limited (owner of the property) located near, Buchans, Newfoundland. GeoFile Number

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12A/15/0936. Zagorevski, A. et al, 2009, Provisional nomenclature of the volcanic rocks

in the Buchans area of central Newfoundland, GeoFile Number12A/1472.

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APPENDIX EXPENDITURES Report preparation, drafting, interpretation of data, trip to Buchans for the re-logging core, 217 Hours at $ 75.00 per hour. = $16275.00 Transportation to and from Buchans. = $612.00 Accommodation and meals. = $186.38 Total = $17073.38 Licence 021555M 6 claims expenditures $1580.00 Licence 022404M 42claims expenditures $15493.38

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RELOGS Re-Log BR-01-12-02 (Clench Brooke South Area) 28 July 2016 See original log from 2002 for more detail ( Note: distances in meters) 0-6.2 Overburden 6.2 – 155.0 Qtz, Feldspar, Porphyry, RYOLITE

Colour variable from pinking grey to pinkish brown to medium grey. Two groups of fracture filled fine network veins less then 2% of core. One set of veins approx 50% are calcite filled ( reacts with dilute HCL. Second set has a slight greenish tint, un- reactive to HCL, chlorite-epidote? 119.4-135.5 originally logged as felsic tuff could be flow banding.

155.0 EOH Comments: This gives the impression of one large rhyolite flow or possibly

a shallow intrusive or a rhyolite dome, with few signs of alteration it is not considered a potential target area.

R.V.C.

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Re-Log H-2944 28-29 July 2016 See original log from Dec. 1978 by J.G. Thurlow and first re-log by J. Harris 1997. Note: distances in feet. Some of the core has been disturbed and some distances could be off! 0.0 –9.0 Overburden 9.0-58.0 Felsic tuff , grey to greenish grey, tuffaceous matrix with

recognizable rhyolite fragments to 20-40 cm. Rhyolite ranges from massive fine grained or feldspar porphyritic. 1-2% calcite veins sup-parallel to 30 to core axis. 56.0 layering or bedding ~ 60 to core axis, defined by black chloritic bands 1-2 mm wide.

58.0-71.3 Pyroclastic breccia, contact gradational. Feldspar prophyritic

rhyolitic fragments from 2 to 20 cm. Tuff contains clots of black chlorite alteration to 2 cm.

71.3-88.0 Feldspar prophyritic Rhyolite. Grey with a pinkish cast.

1-3% veins of 3 types, one calcitic, two qtz, three chlorite-epidote? Occasional red hematite veins to 5 mm.

88.0-114.0 Pyroclastic breccia similar to (58.0-71.3), fragments to 25 cm.

< 1% calcite veins to 5 mm, minor qtz veins. Occasional clots of black chlorite to 2 cm in tuffaceous matrix.

114.0~283 Pumaceous tuff, green in colour due to alteration? See Thurlow log. 1-3 calcite veins up to 15 cm wide at various core angles. Occasional black clots of chlorite to 5 mm. Also see Harris’s Log.

~283-286.0 Siltstone both upper and lower contacts are conformable. Grey

to black in colour, fine grained. Bedding 45-50 to core axis. 286.0-411.1 Mixed unit appears to contain several volcanic cycles, rhyolitic

fragments and pumas in tuffs. Colour is variable from greenish

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grey to grey in tuffaceous zones which show weak bedding at 40-50to core axis. Rhyolite fragments range in colour from grey to brownish to pinkish grey, fragments appear to show chilled margins, most fragments are qtz feldspar porphyritic, size ranges from 1-2cm to 35 cm. Percentage of rhyolite fragments variable over length of unit. 1-2% veins mostly calcitic at various angles, occasionally hematitic. 358.3 –361.5 several thin siltstone bands light to dark grey, bedding 45-50 to core axis. Lower contact gradational.

411.0-433.5 qtz, feldspar, porphyritic rhyolite. Massive, colour pinkish to

brownish grey (resembles rhyolite in DDH BR-01-12-02). Minor veins <1% maximum width 1-2 mm, appear to be epidote of qtz filed no calcite. Lower contact gradational.

433.5-525.0 Felsic tuff, greenish to greenish grey to grey. Fragments are

predominately qtz, feldspar, porphyritic rhyolite with some pumiceous material, also some appear to have chilled margins. 437-489-1% small veins filed with qtz? And occasionally hematite, veins to 2mm. 489-420- 1% veins to 1 cm, increasing calcite content. 489 fault? Percentage of large fragments increase towards lower contact. Lower contact gradational.

525-556 Weakly mineralized zone, appears to be in conglomerate or breccia

with the fragments supported by felsic tuffs. (this section had been cut for assay and is badly deteriorated; see Thurlow and Harris for description.) Its colour is grey to light green. The pyrite seems to occur in two locations, one as small inclusions in the fragments and two as blobs in the tuffaceous material matrix. Due to the oxidation of the sulphides it is impossible to produce a good description from the core.

Lower contact gradational. 556-676 Feldspar porphyritic rhyolitic tuff, grey to occasionally reddish

brown, feldspar phenocrysts 1-4mm coloured from white to pinkish. Occasional calcite filled veins from 1-10mm wide at

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various core angles. Increasing hematite veining near lower contact also increasing mafic tuff clasts.

676-700 Mafic lapilli tuff. Greenish grey to grey in colour. Tuffaceous

sections tend to be greenish epidote of chloritized. Fragments are largely amygdoidal basalt, amygdules are filled with calcite or qtz. 1% small veinlets filled with calcite. Several thin siltstone bands near the bottom of the hole bedding at 55-60 to core axis

700 EOH

Comments: The weak to moderate alteration of most of core, plus the higher percentage of calcite and the weakly mineralized zone gives the impression that the hole may be near to a potential better-mineralized zone. As the drill holes to the North and West contain no significant mineralization, drilling to the South and East should be considered the first priority. R.V.C.