GEOPHYSICAL REPORTFOR

HORNBY BAY EXPLORATION LIMITEDON THE

STOCK PROPERTY, STOCK TOWNSHIP PORCUPINE MINING DIVISION

NORTHEASTERN, ONTARIO

'' f.' * .""kv 4. .0

Prepared by: J. C. Grant, GET, FGAC April, 2001 ,,^"- ;

42A10SE2016 2.21049 STOCK 010

TABLE OF CONTENTSPage

INTRODUCTION........................................................................................... l

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

CLAIM BLOCK.............................................................................................. l

GROUND PROGRAM...................................................................................2,3

PERSONNEL.................................................................................................. 3

SURVEY RESULTS......................................................................................3,4

CONCLUSIONS AND RECOMMENDATIONS......................................... 4

CERTIFICATE

APPENDIX: a) SCINTREX ENVI MAG SYSTEMBRGM, OMNI PLUS MAG SYSTEM

LIST OF FIGURES l) LOCATION MAP2) PROPERTY LOCATION MAP3) CLAIM MAP

POCKET MAPS CONTOURED TOTAL FIELD MAGNETIC MAPPROFILED VLF-EM DIP ANGLE MAP

42A10SE2016 2.21049 STOCK 0 10C

Page l

INTRODUCTION:

The services of Exsics Explorations Limited were retained by the Company, Hornby Bay Exploration Limited, to complete a detailed ground geophysical program across a block of 8 unpatented mining claims located in the northeast corner of Stock Township of the Porcupine Mining Division in Northeastern, Ontario.

The purpose of this program was to outline the underlying geological characteristics of the property with the intent of identifying a favorable horizon for gold deposition. The ground program commenced on the 6th of April and was completed on the 10th of April, 2001. In all, a total of 10.1 kilometers of compass paced grid lines were established across the property of which 8.5 kilometers were then covered by the geophysical surveys.

This report will deal with the results of the ground program.

PROPERTY LOCATION AND ACCESS:

The Stock Property is located approximately 80 kilometers north-northeast of the City of Timmins and it is situated within the Porcupine Mining Division. More specifically it is situated in the northeast corner of Stock Township and represents the north half of Lots l and 2, Concession VI of the Township. Highway 577 represents the eastern boundary of the property and the Driftwood River cuts across the center of the grid in generally a north-south direction.

Access to the grid during the survey period was relatively easy. Highway 101 travels east from the City of Timmins and connects with Highway 11 south. Highway 577 travels due north, just past the bridge that crosses the Driftwood River, approximately 45 kilometers east of Timmins, and this Highway represents the eastern boundary of the grid and line 1600ME. A secondary gravel road swings off of Highway 577 and represents the Concession line between Concessions V and VI and allowed for foot access to the west side of the Driftwood River and the western section of the grid. Traveling time from Timmins to the grid area is approximately 60 minutes. Refer to Figures l and 2 for the location of the Property.

CLAIM BLOCK;

The claim numbers that make up the Stock Property are as follows.

P-l154349, P-l154350, P-l154351, P-l154352, P-l154353, P-l154353, P-l154354, P-l 154355, P-l 154356.

Refer to Figure 3 copied from MNDM Plan Map G-3248, for the positioning of the claims within the Township.

QUEBEC

LK MICHIGA

1 si1

7 /^-i^y/^—^ D NTARID

i ,^v i FV^ir1 ^ T?VPT nR A TITIM T TH S 1 X rjAolUo IliArLiVJrC/l llUiN LjllJ.4 f Li/ P - Q - Box l 860 - P4N-7X1 \;T Suite 13, Hollinger Bldjz, Tiinmtns Ont.

^ Telephone: 705-267-4151, 267-2424CLIENT: HORNBY BAY EXPLORATION LIMITEDPROPERTY: STOCK PROPERTYTITLE: STOCK TOWNSHIP

LOCATION MAP Fig 1Date: Apr.. 2001 Scale: l'^125miles NTS:Drawn: J. C. Grant Interp: J. C. Grant 1 Job No.:E-406

EXSICS EXPLORATION LTD.P.O. Box 1 890, P4N-7X1Suite 13, Hollinger Eldg, Timmins Ont.Telephone: 705-287-4151, 267-Z4Z4_^___

CLIENT: HORNBY BAY EXPLORATION LIMITED PROPERTY: STOCK PROPERTYTTTLE: STOCK TOWNSHIP

PROPERTY LOCATION MAP________________Fig. 2

Date: Apr.. 2001Prawn:J. C. Gr ant

Scale:!: 60.000 l NTS:Interp: J .C.Grant l Job No.:E-406

CLERGUE TDVNSHIP

STQCK TOWNSHIP

N

EXSICS EXPLORATION LTD.P.O. Box 1880, P4N-7X1Suite 13, Hollinger Bldg, Timmins Ont.Telephone: 705-267-4151, 267-2424

CLIENT: HORNBY BAY EXPLORATION LIMITED PROPERTY: STOCK PROPERTYTITLE: STOCK TOWNSHIP

CLAIM SKETCHDate: Apr.. 2001Drawn: J. C. Grant

Fig. 3Scale: 1:20.000 NTS:Interp: J .C.Grant Job No.:E-406

Page 2

GROUND PROGRAM:

The ground program consisted of a compass and paced metric grid which was to be covered by a detailed total field magnetic and VLF-EM survey. The grid consisted of lines spaced 100 meters apart commencing with line 1600ME and Highway 577 representing the eastern boundary and line 0+00 representing the western boundary. The Township line between Stock and Clergue represented the northern boundary of the grid and was labeled 800MN. The base line represented the southern boundary of the claim block. All of the cross lines were compassed and flagged with 25 meter stations.

As the grid was being established by one field crew, the same grid was being covered by a detailed magnetic and VLF-EM survey. These surveys were completed using the Scintrex Envi Mag system and the BRGM, OMNI PLUS magnetic system. Specifications for both of these units can be found as Appendix A of this report.

The following parameters were kept constant throughout the survey procedure. Magnetic Survey: Line spacing......................................................100 metersStation spacing.................................................. 25 metersReading interval................................................ 25 metersDiurnal Monitoring........................................... Base station recorderRecord intervals................................................ 30 secondsReference field.................................................. 58,500 gammasDatum subtracted.............................................. 57,000 gammasUnit accuracy.................................................... +I- 0 .1 gamma

Once the raw data was collected, it was corrected, leveled and then plotted directly onto a base map at a scale of l: 5000 and then contoured at 10 gamma intervals where ever possible. A copy of this contoured base map is included in the back pocket of this report.

VLF-EM Survey:Line spacing.....................................................100 metersStation spacing................................................. 25 metersReading interval............................................... 25 metersTransmitting station/Frequency.......................Cutler, Maine, 24.0Khz.Direction to Station......................................... 115 degreesParameters measured...................................... In phase and quadrature components, Tilt angle and

Field strength. Parameters Plotted.......................................... In phase component

Page 3

Once the raw data was collected it was plotted directly onto a base map at a scale of l :5000 and then profiled at lcm = +/-10%. Any and all conductors were then placed on the base map and these conductors were then plotted onto the magnetic contour map for correlation. A true cross over which would represent a type of conductor would be positive readings changing to negative readings in a south to north direction.

One must keep in mind that the VLF-EM survey is a good tool for mapping the geological characteristic of a property. However, it is also susceptible to all sorts of geological and topographical noise such as faults, shear zones, contact zones, dikes as well as creeks, rivers, outcrops to swamp contacts, clay ridges and troughs as well as electrically active areas. Thus, care must be used when interpreting the survey results and all conductors should be correlated to the magnetic survey and all other available surveys.

PERSONNEL.

The field crew directly responsible for the collection of all of the raw data were as follows.E. Jaakkola........................Timmins, OntarioJ. Derweduwen................. Timmins, Ontario

The entire program was completed under the direct supervision of J. C.Grant and all of the plotting and compilation was completed by In house staff.

SURVEY RESULTS:

Generally the magnetic and VLF-EM surveys were successful in locating and outlining the characteristics of the underlying geology. The most predominant magnetic features of the grid appear to relate to narrow, north-south striking magnetic highs that most probably relate to diabase dike like features. These dike like features can be observed striking parallel to lines 13DOME, 800Mn to 400MN, 1100ME, 425MN to BL, 900ME, 800MN to 475MN, 700 to 800ME, 300MN to the BL and 300ME from 800MN to line 400ME at the southern end.

What is of particular interest is that all of these dikes appear to have been offset by a major east-west to northeast-southwest striking structure which may represent the Pipestone Fault or a major splay fault or shear emanating from the Pipestone Fault.

This fault may also have been outlined by the two main VLF-EM zones, one which strikes from Line 0+00/462MN to line 1500ME/500MN and the second zone which strikes from line O+OO/ 312MN to and including line 1600ME/375MN. These two VLF zones may represent the northern and southern limits of the suspected fault and or shear zone.

Page 4

Another VLF zone of interest strikes across lines 1000ME/200MN to line 1300ME/225MN and may also be associated with the VLF zone striking across lines 700me7200Mn to 900ME/150MN. This zone in turn appears to have been offset by the Driftwood River which suggest that there may a second cross fault paralleling the strike of the River which is in a north-south direction.

Another VLF-EM zone of note is the zone striking across lines 300ME/687MN to 700ME/650MN. It appears to truncate next to the suspected fault paralleling the River on its eastern tip and it also appears to stop at the dike on its western tip. This zone also appears to relate to a slight unconformity in the north-south trending magnetics suggesting minor cross faulting and or shearing which may be related to the presence of the major, Pipestone fault.

CONCLUSIONS AND RECOMMENDATIONS:

Generally the property appears to be underlain by sediments that are situated between the Porcupine Destor Fault to the south and the Pipestone Fault to the north. The magnetic survey results also suggest that there appears to be a major fault and or shear zone striking east-west across the central north section of the grid. This is quite evident in the offsets in the dike like features as well as the bend in the Driftwood River.

The VLF-EM survey also suggest that there may be two possible splay faults and or shear zones that seem to emanate from the suspected Pipestone Fault as well as a possible cross fault paralleling the Driftwood River.

The property should be considered for further geophysical follow up surveys to better defme the VLF-EM targets and their validity. An Induced Polarization, (IP), survey should be done to define the VLF zones and to outline a horizon which would be considered a favorable horizon for gold deposition.

The Clavos Property which is situated in lot 12, concession VI of Stock Township represents a gold horizon in carbonatized basalts and argillite adjacent to the Pipestone fault and is known to host a nugget effect gold horizon ranging from .054 oz to 2.45 oz over widths of 10 to 5.7 feet*. Kinross has been actively drilling the Clavos deposit to boost the known gold reserve.

"Gold deposits of Ontario, Part l, MNR, Page 136, Clavos Porcupine Mines Ltd.

Respectfully submitted

J. C. Grant, CET, FGACApril, 2001.

CERTIFICATION

I, John Charles Grant, of 108 Kay Crescent, in the City of Timmins, Province of Ontario, hereby certify that:

1). I am a graduate of Cambrian College of Applied Arts and Technology, 1975, Sudbury Ontario Campus, with an Honors Diploma in Geological and Geophysical Technology.

2). I have worked subsequently as an Exploration Geophysicist for Teck Exploration Limited, (5 years), and currently as Exploration Manager and Geophysicist for Exsics Exploration Limited, since 1980.

3). I am a member in good standing of the Certified Engineering Technologist Association, (GET), since 1984

4). I am a Fellow of the Geological Association of Canada, (FGAC), since 1986.

5). I have been actively engaged in my profession since the 15th of May of 1975, in all aspects of ground exploration programs, including the planning and execution of field programs, project supervision, data compilation, interpretations and reports.

6). I have no specific or special interest in the herein described property. I have been retained by the property holders and or their Agent as a Geophysical Consultant and Contract Manager.

John Charles Grant, GET., FGAC.

APPENDIX A

ENVI-MAG Environmental Magnetometer/GradiometerLocating Buried Drams and Tanks?

ne ENVI-MAG is the solution to this environmental problem. ENVI-MAG is an inexpensive, lightweight, portable

VALKMAG" which enables you to survey rge areas quickly and accurately.

ENVI-MAG is a portable, proton precession agnetometer and/or gradiometer, for jotechnical, archaeological and environ

mental applications where high produc tion, fast count rate and high sensitivity

*e required. It may also be used for other applications, such as mineral exploration, and may be configured as a total-field

agnetometer, a vertical gradiometer ors a base station.

The ENVI-MAGeasily detects buried drums to depths of 10 feet or more

* more sensitive to the steel of a buried drum than EM or radarmuch less expensive than EM or radar

* survey productivity much higher than with EM or radar

Main features Include:* select sampling rates as fast as 2 times

per second* "WALKMAG" mode for rapid acquisition

of data* large internal, expandable memory* easy to read, large LCD screen

displays data both numerically and graphically

* EN VI MAP software for processing and mapping data

ENVI-MAG comprises several basic modules; a lightweight console with a large screen alphanumeric display and high capacity memory, a staff mounted sensor and sensor cable, rechargeable battery and battery charger, RS-232 cable and ENVIMAP processing and mapping software.For gradiometry applications an upgrade kit is available, comprising an additional processor module for installation in the console, and a second sensor with a staff extender.

ENVI-MAG Proton Magnetometer in operationFor base station applications a Base Station Accessory Kit is available so that the sensor and staff may be converted into a base station sensor.

**3atures and BenefitsWALKMAG"

Magnetometer/Gradlometerle "WALKMAG" mode of operation

voometimes known as "Walking Mag") is user-selectable from the keyboard. In this

ade, data is acquired and recorded at9 rate of 2 readings per second as the

operator walks at a steady pace along a |ine. At desired intervals, the operator

iggers" an event marker by a single key au-oke, assigning coordinates to the recorded data.

ve Simultaneous Gradiometermn optional upgrade kit is available to configure ENVI-MAG as a gradiometer to i ake true, simultaneous gradiometer

aasurements. Gradiometry is useful for geotechnical and archaeological surveys ' here small near surface magnetic

gets are the object of the survey.Selectable Sampling Ratesf 5 second, 1 second and 2 second i ading rates user selectable from the keyboard.

Large-Key KeypadThe large-key keypad allows easy access for gloved-hands in cold-weather opera tions. Each key has a multi-purpose function.

Front panel of ENVI-MAG showing a graphic profile of data and large-key keypadLarge Capacity MemoryENVI-MAG with standard memory stores up to 28,000 readings of total field meas urements, 21,000 readings of gradiometry data or 151.000 readings as a base station. An expanded memory option is available which increases this standard capacity by a factor of 5.

Easy Review of Data For quality of data and for a rapid analysis of the magnetic characteristics of the survey line, several modes of review are possible. These include the measure ments at the last four stations, the ability to scroll through any or all previous readings in memory, and a graphic display of the previous data as profiles, line by line. This feature is very useful for environ mental and archaeological surveys.Highly Productive The "WALKMAG" mode of operation acquires data rapidly at close station intervals, ensuring high-definition results. This increases survey productivity by a factor of 5 when compared to a conven tional magnetometer survey."Datacheck" Quality Control of Data"Datacheck" provides a feature wherein at the end of each survey line, data may be reviewed as a profile on ENVI-MAG's screen. Datacheck confirms that the instrument is functioning correctly and

allows the user to note the magnetic relief (anomaly) on the line.Large Screen Display"Super-Twist" 64 x 240 dot (8 lines x 40 characters), LCD graphic screen provides good visibility in all light conditions. A display heater is optionally available for low-temperature operations below 0"C.

Close-up of the ENVI-MAG screen showing data presented after each reading

Interactive MenusThe set-up of ENVI-MAG is menu-driven, and minimizes the operator's learning time, and on-going tasks.

Close-up of display of ENVI-MAG showing interactive set-up menu

Rechargeable Battery and Battery ChargerAn "off-the-shelf lead-acid battery and charger are provided as standard. The low-cost "Camcorder" type battery is available from electronic parts distributors everywhere.

HELP-Llne Available Purchasers of ENVI-MAG are provided with a HELP-LJne telephone number to call in the event assistance is needed with an application or instrumentation problem.ENVIMAP Processing and Mapping SoftwareSupplied with ENVI-MAG, and custom designed for this purpose, is easy-to-use, very user-friendly, menu driven data processing and mapping software called ENVIMAP. This unique software appears to the user to be a single program, but is in fact a sequence of separate programs, each performing a specific task. Under the menu system, there are separate programs to do the following:a) read the ENVI-MAG data and reformat it into

a standard compatible with the ENVIMAP software

b) grid the data into a standard grid formatc) create a vector file of posted values

with line and baseline identification that allows the user to add some title information and build a suitable surround

d) contour the gridded datae) autoscale the combined results of the

posting/surround step and the contouring step to fit on a standard 8.5 ins. wide dot- matrix printer

f) rasterize and output the results of step e) to the printer

ENVIMAP is designed to be as simple as possible. The user is required to answer a few basic questions asked by ENVIMAP, and then simply toggles "GO" to let ENVIMAP provide default parameters for the making of the contour map. The user can modify certain characteristics of the output plot. ENVIMAP'S menu system is both keyboard and mouse operable. HELP screens are integrated with the menu system so that HELP is displayed when ever the user requests it.Options Available* True simultaneous gradiometer

upgrade* Base station upgrade* Display heater for low

temperature operations* External battery pouch

SpecificationsTotal Reid Operating Range20,000 to 100,000 nT (gammas)Total Field Absolute Accuracy

V-1nT

Sensitivityi.1 nT at 2 second sampling rate

Tuningcully solid state. Manual or automatic, key- card selectable

Cycling (Reading) Rates0.5,1 or 2 seconds, up to 9999 seconds for ase station applications, keyboard selectableGradiometer OptionIncludes a second sensor, 20 inch C/im) staff xtender and processor moduleWALKMAG" Mode

0.5 second for walking surveys, variable rates 'ir h illy terrain

Igital DisplayLCD "Super Twist", 240 x 64 dots graphics, S line x 40 characters alphanumeric^

(splay Heateri hermostatically controlled, for cold weather operations

eyboard Input. 7 keys, dual function, membrane typeNotebook Functionl characters. 5 user-defined MACRO'S for lick entry

Standard MemoryTotal Field Measurements: 28,000 readings Gradiometer Measurements: 21.000 readings Base Station Measurements: 151,000 readingsExpanded MemoryTotal Field Measurements: 140,000 readings Gradiometer Measurements: 109,000 readings Base Station Measurements: 750,000 readingsReal-Time ClockRecords full date, hours, minutes and seconds with 1 second resolution, W-1 second stability over 12 hours

Digital Data OutputRS-232C interface, 600 to 57,600 Baud, 7 or 8 data bits, 1 start, 1 stop bit, no parity format. Selectable carriage return delay (0-999 ms) to accommodate slow peripherals. Handshaking is done by X-on/X-offAnalog OutputO - 999 mV full scale output voltage with keyboard selectable range of 1,10,100.1,000 or 10,000 nT full scalePower SupplyRechargeable "Camcorder" type, 2.3 Ah, Lead- acid battery.12 Volts at 0.65 Amp for magnetometer, 1.2 Amp for gradiometer.External 12 Volt input for base station operationsOptional external battery pouch for cold weather operations

Battery Charger110 Volt - 230 Volt. 50/60 Hz

Operating Temperature RangeStandard O0 to 60"C Optional -40"C to 600C

DimensionsConsole -10 x 6 x 2.25 inches

(250 mm x 152 mm x 55 mm)T.F. sensor - 2.75 inches dia. x 7 inches

(70 mm x 175 mm)Grad. sensor and staff extender - 2.75 inches

dia. x 26.5 inches (70 mm x 675 mm)T.F. staff -1 inch dia. x 76 inches (25 mm x 2 m)WeightConsole - 5.4 Ibs (2.45 kg)

with rechargeable battery T. F. sensor - 2.2 Ibs (1.15 kg) Grad. sensor - 2.5 Ibs (1.15 kg) Staff-1.75 Ibs (0.8 kg)

HodOfflc*??2 Snidercroft RoadConcord. Ontario, Canada L4K 1 BSTelephone: (905) 669-2280Fax: (905) 669-6403 or 669-5132Telex: 06-964570

In th* USA:Scintrex Inc.85 River Rock DriveUnit 202Buffalo. NY 14207Teleonone: (716)298-1219

Major Benefits of the OMNI PLUS* Combined VLF/Magnetometer/Gradiometer System

* No Orientation Required* Three VLF Magnetic Parameters Recorded* Automatic Calculation of Fraser Filter* calculation of Ellipticity* Automatic correction of Primary Field

Variations

Measurement of VLF Electric Field

Specifications*Frequency Tuning Range.

Transmitting Stations Measured.

Recorded VLF Magnetic Parameters

. 15 to 30 kHz, with bandwidth of 150 Hz; tuning range accommodates new Puerto Rico station at 28.5 kHz

. up to 3 stations can be automatically measured at any given grid location within frequency tuning range

Standard Memory Capacity

Display

.. Total field strength, total dip, vertical quadrature (or alternately, horizontal amplitude)

.. 800 combined VLF magnetic and VLF electric measurements as well as gradiometer and magnetometer readings

... custom designed, ruggedized liquid crystal display with built-in heater and an operating temperature range from -400Cto -i-550c.The display contains six numeric digits, decimal point, battery status monitor, signal strength status monitor and function descriptors.

RS232C Serial I/O interface ...... 2400 baud rate, 8 data bits, 2 stop bits, no parityrest Mode .................... A. Diagnostic Testing (data and programmable

memory) B. Self Test (hardware)

Sensor Head ................. .contains 3 orthogonally mounted coils withautomatic tilt compensation

Operating Environmental Range ...................... -400Cto 4-55 0 C;

O - I0007o relative humidity; Weatherproof

Power Supply ................ .Non-magnetic rechargeable sealed lead-acid 18VDC battery cartridge or belt; 18V DC disposable battery belt; 12V DC external power source for base station operation only.

Veights and Dimensions instrument Console ......... .2.8kg, 128 x 150 x 250 mmSensor Head................. 2.1 kg, 130 dia. x 130 mmVLF Electronics Module........ 1.1 kg, 40 x 150 x 250 mmLead Acid Battery Cartridge ... 1.8 kg, 235 x 105 x 90 mm Lead Acid Battery Belt ........ 1.8 kg, 540 x 100 x 40 mmDisposable Battery Belt ....... 1.2 kg, 540 x 100 x 40 mm

3reliminarv

EDA instruments Inc.,4Thorncliffe Park Drive,Toronto, OntarioCanada M4H1H1Telex: 06 23222 EDA TOR,Cables: instruments Toronto(416)425-7800

in USA,EDA instruments inc.,5151 ward Road,Wheat Ridge, ColoradoU.S.A. 80033(303)422-9112

Printed in canada

ONTARIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES

Transaction No:

Recording Date:

Approval Date:

Client(s):

176859

Survey Type(s):

W0160.00151

2001-APR-19

2001-JUN-29

Work Report Summary

Status: APPROVED

Work Done from: 2001 -APR-06

to: 2001-APR-16

NUFORT RESOURCES INC.

LC MAG VLF

Work Report Details:

Claim* Perform

P

P

P

P

P

P

P

P

1154349

1154350

1154351

1154352

1154353

1 1 54354

1 1 54355

1154356

3428

S428

S428

3428

3428

3428

1428

S428

33,424

External Credits:

Perform Approve

3428

3428

3428

3428

3428

3428

3428

3428

33,424

SO

Applied

3400

3400

3400

3400

3400

3400

3400

3400

33,200

Applied Assign Approve Assign Approve Reserve

3400

3400

3400

3400

3400

3400

3400

3400

33,200

30

30

SO

sosoSO

30

30

SO

0

0

0

0

0

0

0

0

30

328

328

328

328

328

S28

S28

S28

3224

Reserve Approve

328

S28

328

328

328

328

328

328

3224

Due Date

2002-APR-18

2002-APR-18

2002-APR-18

2002-APR-18

2002-APR-18

2002-APR-18

2002-APR-18

2002-APR-18

Reserve:

3224 Reserve of Work

3224 Total

Status

Report*: W01 60.001 51

Remaining

of claim is based on information currently on record.

42A10SE2016 2.21049 STOCK 900

2001-Jul-05 09:58 Armstrong.d Page 1 of 1

Ministry ofNorthern Developmentand Mines

Date:2001-JUL-03

Ministers du Developpement du Nord et des Mines Ontario

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

NUFORT RESOURCES INC.133 RICHMOND STREET WEST, APT.#408TORONTO, ONTARIOM5H 2L3 CANADA

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

Dear Sir or Madam

Submission Number: 2 .21049 Transaction Number(s): W0160.00151

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 GashinskiSupervisor, Geoscience Assessment Office

Gc: Resident Geologist

John Charles Grant (Agent)

Nufort Resources Inc. (Assessment Office)

Assessment File Library

Nufort Resources Inc. (Claim Holder)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:16093

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LEGENDInstrument: SCINTREX ENVI MAG, BRGM DMNI-IVParameters Measured' Earth's total nagne~tlc fieldAccuracy; */- 0 ,1 nana-teslasDlurnalS' Corrected by base station recorderContour Interval* 0,20,30,40,50,60..,,,,,Reference Field: 58500 gammasDatum Subtracted: 57000 gannas

r- ID

WALKER

TOWNSHIP N

TAYLDR TOWNSHIP

10*

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BL 0*00 IDD 130 ZOD

SCALE (h)

EXSICS EXPLORATION LTD.P.O. Box leeo, P4N-7X1Suite 1 3, Hollinger Bldg, TinLmins Onl-Tekphoner 705-367-4151, 567-8434^^^^

CUE NT: HORNBY BAY E XPLORATION UMITED //lPROPERTY: STOCK PROPERTYTITLE: STOCK TOWNSHIP '

TDTAL FIELD MAGNETIC SURVEYDeleiApr . 3001Drawn:.).C.Grant

Scale: 1 :2500]nterp J.C.Grant

NTS:Job No.:E-4Q6

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SHIP

AYLDR TOWNSHIP

VERTICALINPHASE (percent)

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STDCK TDWNSHIP

42A10SE2016 2.21049 STOCK 220

LEGEND

Instrument: SCtNTREX ENVI MAGTransnltter S tation' NAA C UTLER MAINEFrequency; 24.0 KHzParameters Measured' I NPHASE DIP ANGLEVertical Scalel- Icn^+X-lOXOpera t or : E .Jaakkola/J.DerWeduwen

EXSICS EXPLORATIONP.O. Box 1880. P4N-7X1Suile 13, Hollinger Bldg, Timmins O nl.Telaphone: 706-267-4161, 267-2424

LTD.

7GHENT: HORNBY BAY EXPLORATION LIMITEDPROPERTY: 3TOCK PROPERTYTITLE: STOCK TOWNSHIP

VLF-EM SURVEY,Date:Apr . 2QD1Drawn:J.C.Grant

Scale: 1:2500Interp J.C.Granl

NTS:Job No.:E-406