Sail Pond Project

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• Aeromagnetic data was collected by the GSC during the 1950s to 1970s
• Noranda Exploration completed soil sampling program in 1981. Resulting in anomalous areas of elevated Zn, Cu, Pb, and Ag
• Aurion Minerals focused on white marble potential during 1987-1990
• Eagle Ridge Minerals conducted Airborne Mag and VTEM in 2009, flown by Geotech Ltd. VTEM identified 15 anomalous electromagnetic responses, 4 labeled as high priority targets
• Canada Bay resources conducted channel sampling in 2011, resulting in grabs of 1.015% to 13.75% Cu. 4 holes totaling 415 m assayed up to >10,000ppm cu, 235 ppm As, and 4.39 ppm Ag
• Prospector work covered southern portion of the property in 2011, and 2016 sampled 61 grab samples. Resulting in sample:
  • (406A) 764 g/t Ag, 4.0% Cu, 3.9% Pb, 1.92% Zn
  • (3) 18.2 g/t Ag, 0.55% Cu, 1.07% Pb, 1.39 % Zn
  • (Kearney 2016) 464 g/t Ag, 2.48% Cu, 2.48% Pb, 4.53% Zn

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• Rock grab sample 12591:
  • 2,030 g/t Ag, 7.08% Cu, 9.40% Pb, 2.54% Sb, 0.46 g/t Au (South Zone)
• Rock grab sample 8329:
  • 944 g/t Ag, 5.24% Cu, 7.6% Pb, 2.32% Zn, 0.30g/t Au (South Zone)
• Rock grab sample 12744:
  • 803 g/t Ag, 3.58% Cu, 0.11% Pb, 1.04% Zn, 0.92% Sb, 0.17 g/t Au (North Zone)
• Rock Grab samples are select mineralization and the grades are not indicative of the average grades found in the project
• 1.0 m channel sample:
  • 499g/t Ag, 2.66% Cu, 6.80% Pb, 0.27% Zn, 0.32% Sb, 0.33 g/t Au (Trench SPTR-10; North Zone)
• 2.9 m channel sample:
  • 180 g/t Ag, 0.97% Cu, 0.24% Pb, 0.18% Zn, 0.21% Sb (Trench SPTR-16; North Zone)
• 16.2 m channel sample:
  • 50.4 g/t Ag, 0.25% Cu, 045% Pb, 0.16% Zn (Trench SPTR-02; South Zone)