RECEIVEDJUN O 5 2CG3

GEOSCIENCE ASSESSMENT OfFICE

Diamond Drill Hole BP -O l -2

Drilled l September, 2001 through 14 November, 2001

Core diameter BQ

Logged May 2003

Hole Position UTM Coordinates Zone 16 U (Pearson Twp)0313295 East5340124 North

Drill hole orientation vertical

O to 200.7 feet - (no casing) - diabase l gabbro - fine to medium grained at surface and becoming more coarsely crystalline at depth

- the central region from 20 to 170 feet would be more accurately described as magnetite, pyroxene gabbro - a hard massive mottled dark and light grey grains to 7 mm. max. having large euhedral laths of plagioclase feldspar - magnetite content would be approximately 15 to 20 'Yo

- finer grained region below 170 feet

- hyalolitic at contact

200.7 to 276.0 feet - mafic volcanic flows or diabase- vescicular- fine grained-hard- massive- dark grey

276.0 to 1059 feet -fine grained sediments interfingered with diabase- similar content of greywacke to black shale sediments and diabase (50 - 50 )- strata from one inch up to several tens of feet thick- a rare seam of sulphide in shales may be a millimeter thick or less and more

rarely a stratum can be 20 07o iron sulphides over two inches- strata oriented at right angles to core axis but diabase contacts can be erratic

52A04NK2002 2.25782 BLAKE 010

-2-

1059,0 to 1214.5 feet - gabbroic intrusive - magnetite pyroxene gabbro- strongly magnetic-hard- massive- medium grey mottled with > 15% blue-grey magnetite grains- 30 to 35 ^o white feldspar plagioclase laths to 7 mm.- more coarsely crystalline in central region and finer grained near upper

and lower contacts- a few percent iron and minor copper sulphide over 2 to 3 inches close to both contacts

1214.5 to 1275.0 feet - mostly grey wackes and grey shales bedded at right angles to core axis- not fissile- largely featureless except for bedding

1275.0 to 1558.5 feet - dark grey to black shales- finely bedded at right angles to core axis- strongly fissile- becoming blacker with increasing depth and more graphitic

1558.5 to 1568.5 feet - diabase dyke- fine grained- medium grey- moderately magnetic- some flow texture-3 o/o quartz -carbonate fracture fillings with traces py - fractures are rare

above and below dyke

1568.5 to 1812.0 feet - dark grey to black shales having variable graphitic component- bedded at right angles to core axis- strongly fissile

1812.0 to 1932.0 feet - gabbroic intrusive- visually and mineralogically identical to unit at 1059 to 121j4JLfeet- strongly magnetic ^-""" )- euhedral magnetite, pyroxene, and plagioclase graipsf to 7 or 8 mm.- more coarsely crystalline in central region and diabasic texturaliy near

margins

1932.0 to 1933.5 feet - greyish shales and greywackes- bedded at right angles to core axis- not fissile

1933,5 feet - end of hole

ONTMIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Work Report Summary

Transaction No: W0340.00973

Recording Date: 2003-J UN-04

Approval Date: 2003-JUN-09

Client(s):

117357 CHASCHUK, METRO

176448 NORTH, JON WILLIAM

Survey Type(s):

PDRILL

Status: APPROVED

Work Done from: 2001-AUG-01

to: 2001-NOV-14

Work Report Details:

Claimtt

TB

TB

TB

TB

TB

TB

TB

TB

1208382

1208383

1208384

1209667

1209668

1209727

1231680

1231681

Perform

SO

SO

SO

554,033

SO

SO

SO

SO

S54.033

External Credits:

Perform Approve

SO

SO

SO

S54.033

SO

SO

SO

SO

554,033

SO

Applied

S9.600

56,400

53,200

512,800

52,833

56,400

56,400

56,400

554,033

Applied Approve

S9,600

56,400

53,200

512,800

32,833

56,400

56,400

S6.400

554,033

Assign

so50

50

541,233

50

50

SO

SO

541,233

Assign Reserve Approve Reserve Approve

0

0

0

41,233

0

0

0

0

541,233

SO

SO

50

50

SO

SO

SO

SO

SO

SO

SO

50

SO

SO

50

50

SO

SO

Due Date

2005-JUN-20

2005-J UN-20

2005-JUL-05

2005-JUN-13

2005-JUL-31

2005-JUN-13

2005-SEP-17

2005-SEP-17

Reserve:SO Reserve of Work Report*: W0340.00973

SO Total Remaining

Status of claim is based on information currently on record.

52A04NE2002 2.25782 BLAKE 900

2003-Jun-23 10:53 Armstrong_d Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date: 2003-JUN-09

Ministers duDeveloppement du Nord et des Mines Ontario

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

METRO CHASCHUK R.R. #7THUNDER BAY, ONTARIO P7C 5V5 CANADA

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

Dear Sir or Madam

Submission Number: 2.25782 Transaction Number(s): W0340.00973

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached

Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work

report may be subject to inspection and/or investigation at any time.

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

Yours Sincerely,

Ron Gashinski

Senior Manager, Mining Lands Section

Gc: Resident Geologist

Metro Chaschuk (Claim Holder)

Assessment File Library

Metro Chaschuk (Assessment Office)

Jon William North (Claim Holder)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:18386

52A04NE2002 2.25782 BLAKE 200

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TOWNSHIP l ARIA PLAN PEARSON G-0582

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