Technical Report
On the
Nahmint Property
Vancouver Island, British Columbia
Alberni Mining Division
NTS 092F006 & 092C096...
Contents
Summary
Introduction
Reliance on Other Experts
Property Description and Location
Accessibility, Climate, Local Re...
Figure 2f – 1:50,000 scale 2008-2013 Completed and Proposed Grid Areas – Nahmint Property
Figure 3a – 1:50,000 scale 2007-...
Figure 7i – 1:10,000 scale Cadmium Geochemistry – Monitor & Happy John Area
Figure 7j – 1:10,000 scale Zinc Geochemistry –...
Summary
The two groups of fifteen crown granted mineral claims known as the Three Jays group
of eight claims and the Monit...
Introduction
The authors were retained by Equitas Resources Corp. (“Equitas” or the “Company”) to
initiate and document th...
Reliance on Other Experts
Technical information in this report was derived from private Company files and
government publi...
Table 2 – Cell Mineral Claims
Tenure Number
525100
525102
525107
525109
525110
525111
525112
525113
525114
525116
525118
5...
the northern property boundary, which takes about 1.5 hours, and is open and
accessible by four wheel drive vehicles. The ...
convey ore from the upper workings. Minor production of direct shipping ore to
smelters occurred in two pulses, to Tacoma ...
Black Prince (MINFILE 092F 086)
Between two and six deposits of iron skarn, consisting of almost pure magnetite
occurring ...
Ocean Wave (MINFILE 092F142) and Orphan Boy (MINFILE 092F209)
Originally known as the Belvidere Group and located 1 km. no...
J & S (MINFILE 092F210)
In 1898, an iron skarn deposit was discovered and explored along the eastern shore of
Henderson La...
For Nahminto’s first systematic work program completed in the summer of 2008,
funded in part by Urastar Energy Inc. and in...
Table 3 – Assessment Work Summary
Year
1965
ARIS Report
00777
Company
Alberni Mines Ltd.
196970
02856
Nootka
Explorat...
Table 4 – Expenditure Summary for the Nahmint Property
Year
2005
2006
2007
2008
2009
2010
2011
2012
2013
Operator(s)
Nahm...
The legends for all report Figures 1c-1l for the Property area are from B.C. MapPlace,
with property geology units for Fig...
It should be noted the information presented in Table 5 is not necessarily indicative of
the mineralization on the Nahmint...
garnets and minor epidote, and yielded 50 ppm molybdenum, 3.4% copper, 3.5 ppm
silver, >100 ppm selenium, and 15% iron. Se...
covered by cell mineral claim 525109, and may represent part of the Sunshine MINFILE
092F129 developed prospect. Select gr...
Black Prince Area: (see Figures 6a-j and Appendix 1)
On July 25, 2008 Mr. Houle completed a traverse including prospecting...
On July 12, 2010 Mr. Houle re-located and obtained 3 select outcrop grab samples
(17326, 17327 and 17328) from a 0.05 m. t...
Happy John No.2 (UTM 357367E, 5428553N, 317 m. elevation)
On July 10, 2010 Mr. Houle located and selectively grab sampled ...
grab sample 362676 is a copper/iron endoskarn containing 5% tetrahedrite, 5%
chalcopyrite, traces of malachite, bornite, s...
Three Jays Mine Area (MINFILE 092F140): (see Figures 8a-o and Appendix 1)
#1 Tunnel Portal Area (UTM 362314E, 5433841N, 52...
backs of the crosscut or level drifts, but a muck pile at the base of, and apparently spilled
from, the failed East Winze ...
Sample PAC09-AR5 (200910) (UTM 363529E 5433177N 77 m. elevation)
Select float grab of skarn mineralization from a dump adj...
Sample E5123621 (UTM 361115E 5434899N 684 m. elevation)
Select outcrop grab taken by Ms. Ickringill of hematitic, weakly m...
Exploration
The 2013 work program completed by Equitas Resources Corp. resumed and expanded
the systematic exploration pro...
Drilling
No drilling has been done by Nahminto on the crown granted mineral claims or the
Nahmint property to date, nor ha...
also analyzed for 48 other elements using AGAT’s 201071 procedure using 4 acid
digestion with ICP/ICPMS-MS finish on a 1 g...
Adjacent Properties
There are no other contiguous adjacent properties as of the date of this report.
Mineral Processing a...
Nahmint Property Technical Report November 30, 2013 (Equitas Resources Corp. TSXv.EQT)
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Nahmint Property Technical Report November 30, 2013 (Equitas Resources Corp. TSXv.EQT)

Equitas Resources Corp. (TSXv. EQT) recently acquired the Nahmint Copper-Gold Porphyry Project near Port Alberni, British Columbia, Canada. In October 2013, EQT concluded a work program focused on the Three Jays region of the property and compiled this data along with the geological data to date which resulted in this Technical Report (NI-43101).
Published on: Mar 3, 2016
Published in: Investor Relations      Technology      Business      
Source: www.slideshare.net


Transcripts - Nahmint Property Technical Report November 30, 2013 (Equitas Resources Corp. TSXv.EQT)

  • 1. Technical Report On the Nahmint Property Vancouver Island, British Columbia Alberni Mining Division NTS 092F006 & 092C096 UTM Zone 10N 5432000 N 358000 E For Equitas Resources Corp. 1450- 789 West Pender Street Vancouver, B.C. V6C 1H2 By Jacques Houle, P.Eng. & Michelle Ickringill, B.Sc. Dated November 30, 2013 November 30, 2013
  • 2. Contents Summary Introduction Reliance on Other Experts Property Description and Location Accessibility, Climate, Local Resources, Infrastructure, Physiography History Geological Setting and Mineralization Deposit Types Exploration Drilling Sampling Method and Approach Sample Preparation, Analyses and Security Data Verification Adjacent Properties Mineral Processing and Metallurgical Testing Mineral Resource and Mineral Reserve Estimates Other Relevant Data and Information Interpretation and Conclusions Recommendations References Date and Signature Page Certificates of Authors Page 5 6 7 7 8 9 16 28 29 30 30 30 31 32 32 32 32 33 42 44 45 46 Tables Table 1 – Crown Granted Mineral Claims – Status as of November 30, 2013 Table 2 – Cell Mineral Claims – Status as of November 30, 2013 Table 3 – Assessment Work Summary Table 4 – Expenditure Summary Table 5 – Significant Porphyry/Skarn deposits on Vancouver Island Table 6 – Past Producers on or near Nahmint Property Table 7 – Proposed Work Program and Budget Summary Figures Figure 1a – 1:50,000 scale MTO Mineral Titles Map – Nahmint Property Area Figure 1b – 1:50,000 scale MTO Surface Rights Map – Nahmint Property Area Figure 1c – 1:50,000 scale MapPlace Infrastructure – Nahmint Property Area Figure 1d – 1:50,000 scale BCGS 2005 Geology – Nahmint Property Area Figure 1e – 1:50,000 scale GSC Total Magnetic Field – Nahmint Property Area Figure 1f – 1:50,000 scale GSC First Vertical Derivative – Nahmint Property Area Figure 1g – 1:50,000 scale RGS Gold – Nahmint Property Area Figure 1h – 1:50,000 scale RGS Copper – Nahmint Property Area Figure 1i – 1:50,000 scale RGS Molybdenum – Nahmint Property Area Figure 1j – 1:50,000 scale RGS Nickel – Nahmint Property Area Figure 1k – 1:50,000 scale RGS Lead – Nahmint Property Area Figure 1l – 1:50,000 scale RGS Zinc – Nahmint Property Area Figure 2a – 1:50,000 scale 2012 Airborne Digital Terrain Model – Nahmint Property Figure 2b – 1:50,000 scale 2012 Airborne Raw Potassium Count – Nahmint Property Figure 2c – 1:50,000 scale 2012 Airborne Total Magnetic Intensity – Nahmint Property Figure 2d – 1:50,000 scale 2012 Airborne Calculated Vertical Gradient – Nahmint Property Figure 2e – 1:50,000 scale 2012 Geophysical Target Recommendations – Nahmint Property 2 7 8 15 16 17 18 43
  • 3. Figure 2f – 1:50,000 scale 2008-2013 Completed and Proposed Grid Areas – Nahmint Property Figure 3a – 1:50,000 scale 2007-2013 Moss Mat Sample Locations – Nahmint Property Figure 3b – 1:50,000 scale Gold ppb in Stream Moss Mat Samples – Nahmint Property Figure 3c – 1:50,000 scale Copper in Stream Moss Mat Samples – Nahmint Property Figure 3d – 1:50,000 scale Molybdenum in Stream Moss Mat Samples - Nahmint Property Figure 3e – 1:50,000 scale Cobalt in Stream Moss Mat Samples – Nahmint Property Figure 3f – 1:50,000 scale Nickel in Stream Moss Mat Samples – Nahmint Property Figure 3g – 1:50,000 scale Lead in Stream Moss Mat Samples – Nahmint Property Figure 3h – 1:50,000 scale Cadmium in Stream Moss Mat Samples – Nahmint Property Figure 3i – 1:50,000 scale Zinc in Stream Moss Mat Samples – Nahmint Property Figure 3j – 1:50,000 scale Arsenic in Stream Moss Mat Samples – Nahmint Property Figure 4a – 1:50,000 scale 2007-2013 Rock & Soil Sample Locations – Nahmint Property Figure 4b – 1:50,000 scale Gold ppb in Rock Samples – Nahmint Property Figure 4c – 1:50,000 scale Copper ppm in Rock Samples – Nahmint Property Figure 4d – 1:50,000 scale Moly ppm in Rock Samples – Nahmint Property Figure 4e – 1:50,000 scale Cobalt ppm in Rock Samples – Nahmint Property Figure 4f – 1:50,000 scale Nickel ppm in Rock Samples – Nahmint Property Figure 4g – 1:50,000 scale Lead ppm in Rock Samples – Nahmint Property Figure 4h – 1:50,000 scale Cadmium ppm in Rock Samples – Nahmint Property Figure 4i – 1:50,000 scale Zinc ppm in Rock Samples – Nahmint Property Figure 4j – 1:50,000 scale Arsenic ppm in Rock Samples – Nahmint Property Figure 4k – 1:50,000 scale Bismuth ppm in Rock Samples – Nahmint Property Figure 4l – 1:50,000 scale Tellurium ppm in Rock Samples – Nahmint Property Figure 5a – 1:10,000 scale 2007-2009 Sample Locations – Ocean Wave & Orphan Boy Area Figure 5b – 1:10,000 scale Gold Geochemistry – Ocean Wave & Orphan Boy Area Figure 5c – 1:10,000 scale Copper Geochemistry – Ocean Wave & Orphan Boy Area Figure 5d – 1:10,000 scale Molybdenum Geochemistry – Ocean Wave & Orphan Boy Area Figure 5e – 1:10,000 scale Cobalt Geochemistry – Ocean Wave & Orphan Boy Area Figure 5f – 1:10,000 scale Nickel Geochemistry – Ocean Wave & Orphan Boy Area Figure 5g – 1:10,000 scale Lead Geochemistry – Ocean Wave & Orphan Boy Area Figure 5h – 1:10,000 scale Cadmium Geochemistry – Ocean Wave & Orphan Boy Figure 5i – 1:10,000 scale Zinc Geochemistry – Ocean Wave Area & Orphan Boy Figure 5j – 1:10,000 scale Bismuth Geochemistry – Ocean Wave & Orphan Boy Figure 6a – 1:10,000 scale 2007-2009 Sample Locations – Sunshine & Black Prince Area Figure 6b – 1:10,000 scale Gold Geochemistry – Sunshine & Black Prince Area Figure 6c – 1:10,000 scale Copper Geochemistry – Sunshine & Black Prince Area Figure 6d – 1:10,000 scale Molybdenum Geochemistry – Sunshine & Black Prince Area Figure 6e – 1:10,000 scale Cobalt Geochemistry – Sunshine & Black Prince Area Figure 6f – 1:10,000 scale Nickel Geochemistry – Sunshine & Black Prince Area Figure 6g – 1:10,000 scale Cadmium Geochemistry – Sunshine & Black Prince Area Figure 6h – 1:10,000 scale Zinc Geochemistry – Sunshine & Black Prince Area Figure 6i – 1:10,000 scale Arsenic Geochemistry – Sunshine & Black Prince Area Figure 6j – 1:10,000 scale Bismuth Geochemistry – Sunshine & Black Prince Area Figure 7a – 1:10,000 scale Moss Mat & Rock Sample Locations – Monitor & Happy John Area Figure 7b – 1:10,000 scale Soil Sample Locations – Monitor & Happy John Area Figure 7c – 1:10,000 scale Gold Geochemistry – Monitor & Happy John Area Figure 7d – 1:10,000 scale Copper Geochemistry – Monitor & Happy John Area Figure 7e – 1:10,000 scale Molybdenum Geochemistry – Monitor & Happy John Area Figure 7f – 1:10,000 scale Cobalt Geochemistry – Monitor & Happy John Area Figure 7g – 1:10,000 scale Nickel Geochemistry – Monitor & Happy John Area Figure 7h – 1:10,000 scale Lead Geochemistry – Monitor & Happy John Area 3
  • 4. Figure 7i – 1:10,000 scale Cadmium Geochemistry – Monitor & Happy John Area Figure 7j – 1:10,000 scale Zinc Geochemistry – Monitor & Happy John Area Figure 7k – 1:10,000 scale Arsenic Geochemistry – Monitor & Happy John Area Figure 7l – 1:10,000 scale Bismuth Geochemistry – Monitor & Happy John Area Figure 7m – 1:10,000 scale Tellurium Geochemistry – Monitor & Happy John Area Figure 7n – 1:10,000 scale Soil Geochemistry Compilation – Monitor & Happy John Area Figure 7o – 1:10,000 scale Geological Mapping – Monitor & Happy John Area Figure 7p – 1:2,500 scale Mapping - Happy John No.1 and Monitor Areas Figure 8a – 1:10,000 scale Stream Moss Mat Sample Locations – Three Jays Area Figure 8b – 1:10,000 scale Soil Sample Locations – Three Jays Area Figure 8c – 1:10,000 scale Rock Sample Locations – Three Jays Area Figure 8d – 1:10,000 scale Gold Geochemistry – Three Jays Area Figure 8e – 1:10,000 scale Copper Geochemistry – Three Jays Area Figure 8f – 1:10,000 scale Molybdenum Geochemistry – Three Jays Area Figure 8g – 1:10,000 scale Cobalt Geochemistry – Three Jays Area Figure 8h – 1:10,000 scale Nickel Geochemistry – Three Jays Area Figure 8i – 1:10,000 scale Lead Geochemistry – Three Jays Area Figure 8j – 1:10,000 scale Cadmium Geochemistry – Three Jays Area Figure 8k – 1:10,000 scale Zinc Geochemistry – Three Jays Area Figure 8l – 1:10,000 scale Arsenic Geochemistry – Three Jays Area Figure 8m – 1:10,000 scale Soil Geochemistry Compilation – Three Jays Area Figure 8n – 1:10,000 scale Geological Mapping – Three Jays North Area Figure 8o – 1:10,000 scale Geological Mapping with Interpretation – Three Jays North Area Appendices Appendix 1 – 2007-2013 rock sample locations, descriptions, geochemistry and highlights Appendix 2 – 2008-2013 soil sample locations, geochemistry and highlights Appendix 3 – 2007-2013 stream moss mat sample locations, geochemistry and highlights Appendix 4 – 2013 Analytical Certificates Appendix 5 – 2013 Assessment Cost Report, Statement of Work and Title Page 4
  • 5. Summary The two groups of fifteen crown granted mineral claims known as the Three Jays group of eight claims and the Monitor group of seven claims (the “Crown Grants”) along with the surrounding twenty one cell mineral claims are collectively known as the Nahmint Property (“Nahmint” or the “Property”) which together forms a large, contiguous, early stage copper +/-gold-silver-zinc-cobalt-molybdenum-rhenium-tellurium exploration property located along sheltered tidewaters of Southern Vancouver Island, British Columbia, Canada. Mineral rights to the 9,550 hectare property are held 100% by Nahminto Resources Ltd., subject to an option agreement with Equitas Resources Corp. The Property geology consists of a flat-lying sequence of layered rocks of Triassic to Jurassic age, including Karmutsen volcanics, Quatsino limestone, Parson Bay volcanics and sediments, and LeMare Lake volcanics. These layered rocks have been intruded and domed from beneath by a batholith or large sill of Jurassic Island Intrusive granodiorite and related stocks and dikes. Steeply-dipping, northwesttrending faults have deformed and offset the layered and intrusive rocks both vertically and horizontally. This represents the ideal geological setting on Vancouver Island for porphyry copper-gold-molybdenum and related copper, iron and gold skarn deposits. The Property hosts a continuum of styles of both metallic and industrial mineralization in past producers, prospects and showings documented in British Columbia MINFILE, or recently discovered and as of yet undocumented, as follows: • Copper-zinc-silver-gold-cobalt-tellurium-magnetite bearing Copper/Iron Skarn occurrences Monitor (092C007), Happy John (092C008), Defiance (092C009), Silver King (092C061), Black Prince (092F086), Sunshine (092F129),Three Jays (092F140), Ocean Wave (092F142), Orphan Boy (092F209) and Mark Murray • Sedimentary Limestone occurrence Hecate Mountain (092F411) The Property hosts three historic past producers of direct-shipping, high grade coppersilver-gold ore which yielded a total of 3,274 tonnes averaging 8.15% copper, 34.4 g/t silver and 0.61 g/t gold. These consist of the following occurrences: • Three Jays produced 1,981 tonnes @ 7.52% copper, 38.0 g/t silver and 0.97 g/t gold from 1898 to 1902 • Monitor produced 1,288 tonnes @ 9.08% copper, 28.8 g/t silver and 0.05 g/t gold from 1900 to 1918 • Sunshine produced 5 tonnes @ 17.4% copper and 43.6 g/t silver in 1916 These past producers were discovered, developed and mined in an era predating modern mineral deposit models and mining techniques. The tenures covering the MINFILE occurrences were consolidated under a single and seamless ownership structure in 2006. The Nahmint Property was subjected to modern, systematic exploration techniques beginning in 2008, and continuing intermittently until 2013. The Property warrants exploration for new mineral deposits of copper, silver, gold, cobalt, cadmium, bismuth, tellurium, magnetite, molybdenum, and/or rhenium. A 2-phase, $3.5 million work program is proposed over 3 years to define and delineate known occurrences and to discover new metallic deposits, targeting high grade skarn, bulk mineable porphyry and industrial mineral limestone/marble types, while establishing environmental and socio-economic programs necessary for long term success. 5
  • 6. Introduction The authors were retained by Equitas Resources Corp. (“Equitas” or the “Company”) to initiate and document the results of a field work program and to update earlier Technical Reports (NI-43-101 compliant) written by Mr. Jacques Houle, P.Eng. on the Nahmint Property, located on southern Vancouver Island, British Columbia. The main purposes of the report are as follows: • to summarize previous and to document new work on the Property and, • to make recommendations for further exploration and, • to fulfill the requirements of the Mineral Tenure Act and regulations and, • to help the Company obtain financing for exploration and development The report is based on the authors’ personal knowledge of the area, the crown grants, the property, and on a review of data from the Company’s files, and from published data including that from the British Columbia Ministry of Energy, Mines and Petroleum Resources and the Geological Survey of Canada. All information used to prepare this report is contained in the References section of the report. Mr. Houle is a Qualified Person as defined by National Instrument 43-101, and is independent of Nahminto. The authors visited and worked on the Property for the purpose of locating, examining, mapping and sampling exposed mineralization, and performing and/or managing portions of the 2007, 2008, 2009, 2010 and 2013 field programs on behalf of Nahminto or its partner companies on the dates as follows: • June 11, 14-15, 21, 2007 – for Nahminto Resources Ltd. and Discovery-Corp. Enterprises Inc. - property orientation to near the Three Jays occurrence; mapping and sampling the Mark Murray occurrence; mapping and sampling the Sunshine occurrence including an old adit and shaft – documented and filed in BC ARIS Report 29252 dated August 15, 2007. • September 10-13, 2007 – for Nahminto Resources Ltd. and Discovery-Corp. Enterprises Inc. - sampling at the Three Jays #1 Tunnel portal; mapping and sampling near the Orphan Boy and Sunshine occurrences; stream moss mat sampling along Handy Creek Main and Sing Main roads – documented and filed in BC ARIS Report 29574 dated December 17, 2007. • October 15, 2007 – for Nahminto Resources Ltd. - sampling and mapping of old trenches near the Monitor occurrence – documented and filed in BC ARIS Report 29660 dated January 22, 2008. • July 21-27, 2008 – for Nahminto Resources Ltd. and Urastar Energy Inc. prospecting and rock and stream moss mat sampling throughout the property – documented and filed in BC ARIS Report 30799 dated February 9, 2009. • October 5-9, 2009 – For Nahminto Resources Ltd. – prospecting, rock and soil sampling at the Three Jays area, and stream moss mat sampling the western shore of the Alberni Inlet – documented and filed in BC ARIS Report 31248 dated November 30, 2009. • July 6-13, 2010 – For Nahminto Resources Ltd. – prospecting, rock and soil sampling at the Monitor and Happy John Area – documented in BC ARIS Report 31708 dated October 15, 2010. • October 7-18, 2013 – For Equitas Resources Corp. – rock, soil and stream moss mat sampling at the Three Jays North Area – documented in this report dated November 30, 2013. 6
  • 7. Reliance on Other Experts Technical information in this report was derived from private Company files and government publications. Original data has been used where available. Reasonable care and diligence has been taken by the authors to verify all information. The authors have seen no reason to doubt the validity and accuracy of this source data and historical information. Property Description and Location The Nahmint Property is centred 25 kilometres south of the city of Port Alberni and Provincial Highway 4 along the western shoreline of the Alberni Inlet. The mineral rights to the cell mineral claims of the Nahmint Property are held 100% by private company Nahminto Resources Ltd. of Port Alberni, B.C. (FMC No. 209027), and consist of 21 contiguous cell mineral claims covering 9551.7 hectares. The western and south western boundaries of the cell mineral claims overlap a series of no registration reserves and clusters of mainly forfeited crown granted mineral claims along the shores of Henderson Lake and Uchucklesit Inlet, shown in Figures 1a and 1b from MTO. The mineral rights to the Three Jays and Monitor groups of crown granted mineral claims were purchased outright by Nahminto from Pacific Coast Copper Ltd. in late 2007, and consist of two separate groups of 15 crown grants which cover the former Three Jays and Monitor past producers of copper, gold and silver, and are surrounded and overlapped by the 21 contiguous cell mineral claims of the Nahmint Property. Fourteen of the crown grants are registered to Karen Woo of Vancouver, B.C., and held beneficially for Nahminto. The 15th crown grant (Monitor #2) is registered to Dana McClure, who may be deceased, and cannot be located. This crown grant has been allowed to forfeit by failure to make the 2008 and subsequent tax payments to the crown, and the mineral rights have reverted to Nahminto’s overlying cell mineral claim (525102). Both the cell mineral claims and crown granted mineral claims are subject to an option agreement dated October 16, 2013 with Equitas Resource Corp. Mineral tenure lists appear in Tables 1 and 2 below: Table 1 – Crown Granted Mineral Claims S.I.D. # 200280 200310 200440 200600 200730 200860 200990 201060 201190 201220 201350 201480 201510 201640 201770 Totals District Lot # 519 520 521 523 524 525 526 527 528 529 530 531 532 533 534 15 crown grants Registered Owner Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Nahminto c/o K.Woo Dana McClure Claim Name Southern Cross Pacific Norway Ballarat Three Jays Three Jays No.2 Three Jays No.3 Blue Jay Uncle Sam John Bull Nahwitka Nahwitka No.1 Fraction Monitor No.1 Monitor No.1 Fraction Monitor No.2 7 P.I.D. # 009-405-950 009-405-976 009-405-992 009-406-018 009-406-026 009-406-042 009-406-069 009-406-077 009-406-093 009-406-115 009-406-140 009-406-174 009-406-123 009-406-131 009-406-182 Area (ha.) 14.9 8.8 18.2 13.4 14.2 13.6 20.4 9.5 12.7 7.7 13.8 0.2 18.7 6.0 16.2 188.3
  • 8. Table 2 – Cell Mineral Claims Tenure Number 525100 525102 525107 525109 525110 525111 525112 525113 525114 525116 525118 529233 529289 529291 529292 529361 543420 543421 550478 943912 943913 Totals Tenure Type Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral Mineral 21 claims Claim Name TJM1 TJM2 TJM3 TJM4 TJM5 TJM6 TJM7 TJM8 TJM9 TJM10 TJM11 TJM12 TJM13 TJM14 TJM15 TJM16 TJM17 TJM18 HANDY CREEK TJM20 TJM19 Owner FMC (%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) 209027 (100%) Map No. 092F 092C 092C 092F 092F 092F 092F 092F 092F 092C 092C 092F 092F 092F 092F 092F 092F 092F 092F 092F 092F Good To Date 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 2015/dec/01 Status GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD GOOD Area (ha.) 529.358 529.885 445.0793 529.681 529.636 529.367 529.555 529.497 529.594 445.058 529.746 296.387 465.683 338.679 508.23 338.6 508.1662 105.8986 508.2345 296.3426 529.0068 9551.684 All of the known mineralized zones and mine workings are located either on the 14 owned crown granted mineral claims, on the 21 overlying cell mineral claims, or on the adjacent no registration reserves as described in the History and Geological Setting and Mineralization sections. The surface rights over most of the 15 crown granted mineral claims and the 21 cell mineral claims are held by the B.C. government as crown land, and there are some areas with timber licences held by logging companies, some small private land surface parcels and foreshore leases along the shore of Uchucklesit Inlet. Similar to elsewhere in British Columbia, no permit is required for non-mechanized exploration, but a valid permit is required to undertake any mechanized work on the Nahmint Property. Such permits are issued by the Inspector of Mines at the Victoriabased Southwest Regional Mining Operations Branch, Mining and Minerals Division, B.C. Ministry of Energy and Mines. This requires the submission of a Notice of Work and Reclamation Program Application, which Nahminto Resources did in May, 2012. A permit was issued on February 4, 2013 to Nahminto conditionally upon posting a $10,000 security for up to 2.5 km. of exploration trails and 25,000 metres of diamond drilling in the Three Jays and Monitor areas on the Property. In addition, owners of the surface rights of the private land covering a minor portion of the Nahmint Property must be notified in advance of any mining activity on their land, and fairly compensated for any and all damages inflicted to the surface rights, by the mineral tenure owner. Accessibility, Climate, Local Resources, Infrastructure and Physiography The Nahmint Property is centred 25 kilometres south of the city of Port Alberni and Provincial Highway 4 along the western shoreline of the Alberni Inlet. The property is in part accessible by road from Port Alberni by two alternate routes. The northern route follows Highway 4 west across the Somass River Bridge, then south along a series of logging roads mainly along the Alberni Inlet for approximately 50 kilometres to 8
  • 9. the northern property boundary, which takes about 1.5 hours, and is open and accessible by four wheel drive vehicles. The western route follows Highway 4 to the same turnoff, then west, south and east for approximately 75 kilometres to the western property boundary, which takes about 2 hours, and is open and accessible by four wheel drive vehicles. The lower elevations of the eastern and southern portions of the property are locally accessible by water from Port Alberni 20 to 40 kilometres south and west along the Alberni and Uchucklesit Inlets, which takes about 1 hour. The local infrastructure is good with extensive logging roads over most of the Nahmint property, and the sheltered Alberni and Uchucklesit Inlets along two sides. Exploration programs can be mobilized and serviced by road, air or water as required to different portions of the property. Upgraded and expanded roads and the installation of deep sea wharfs could provide excellent access for potential future mining operations on the property. Port Alberni is a resource community of about 17,000 people with abundant skilled labour, housing, services, hospital, airport and a deep sea port. Topographically, the property resembles a squat dome, and topography consists of terraced, flat-topped mountains incised by steep cliffs and valleys with fast-flowing, often seasonal creeks and rivers fed by small lakes. Elevations range across the property from sea level to about 1000 metres. Overburden on the property consists of thin, poorly developed soils with local pockets of thicker glacial till, and rock exposure averages about 10%. Vegetation is dense, second growth coniferous forest and fastgrowing alders along variably overgrown logging roads, with occasional patches of old growth hemlock, balsam, fir and cedar. Abundant fresh water sources occur across the property, available through appropriate permits for exploration or mining purposes. The climate in the area is a temperate coastal rain forest, with warm dry summers, and very wet conditions the rest of the year. Winters are relatively mild with moderate snowfall accumulations at higher elevations that linger along north-facing slopes well into the spring. Exploration is possible year round over most of the Nahmint property. History Brief summaries of each of the eighteen MINFILE occurrences located on, or covered by No Registration Reserves or other claims immediately adjacent to, the Nahmint Property summarized from Annual Reports of the B.C. Minister of Mines are as follows: Monitor (MINFILE 092C 007) Three copper skarn deposits (Maynard, Hedley and Leonard) were discovered between 1898 and 1916 along a 700 metre long north-westerly trend along the east side of Handy Creek near the shore of the Alberni Inlet on the contiguous crown granted mineral claims Uncle Sam, John Bull, Nahwitka and Monitor No.1 Fraction held by Karen Woo beneficially for Nahminto. These are now surrounded by cell mineral claim 525102 on the southern portion of the Nahmint Property. Shallow underground workings and surface trenches were excavated and an aerial tramway was installed to 9
  • 10. convey ore from the upper workings. Minor production of direct shipping ore to smelters occurred in two pulses, to Tacoma from 1900 to1902 and to Trail from 1916 to 1918, totalling 1,288 tons averaging 9.09% copper, 0.05 g/t gold and 28.8 g/t silver. Happy John (MINFILE 092C 008) Three copper skarn deposits were discovered between 1900 and 1918 along the west side of Handy Creek near the shore of the Alberni Inlet on the three, non-contiguous, forfeited crown granted mineral claims Happy John, Happy John No.1, No.2 and No.4. These are now covered by cell mineral claims 525102 and 525107 on the southern part of the Nahmint Property. Shallow underground workings and surface trenches were excavated on all the deposits, which are all within 2 km. of the Monitor deposits and may together represent a single, large cluster of copper skarns. Defiance (MINFILE 092C 009) Three iron skarn deposits were discovered between 1902 and 1916 in a cluster along a tributary of Handy Creek, due north of the Monitor and Happy John occurrences approximately 1 km. from the Alberni Inlet, also now covered by cell mineral claim 525102 on the southern portion of the Nahmint Property. Shallow underground workings and extensive surface trenches were excavated on some of the deposits. Analyses of magnetite-chalcopyrite dump material taken in 1917 yielded elevated copper and silver values, as well as iron. Silver King (MINFILE 092C 061) Three gold/copper skarn deposits were discovered along an 800 m. east-west trend approximately 300 m. from the Alberni Inlet and 1 km. west of the Monitor occurrence on the contiguous forfeited crown granted Silver King, Copper Queen and St. George claims. These are now covered by cell claims 525102 and 525107 on the southern Nahmint Property, but the western projection of the zone extends into a pre-existing no registration reserve along the east shore of Uchucklesit Inlet. Samples taken in 1986 from siliceous pyrrhotite-chalcopyrite skarn mineralization yielded elevated gold values. Southern Cross (MINFILE 092C 067) A copper skarn was discovered along the northeast shore of Uchucklesit Inlet on the forfeited crown granted Southern Cross mineral claim. This is included in a no staking reserve that pre-existed the surrounding cell mineral claim 525107, and is just beyond the southwest portion of the property boundary. Shallow underground workings and a trench were excavated in 1904-1906, and minor production of direct shipping ore in 1905-1906 totalled 290 tonnes averaging 2.1% copper and 17.7 g/t silver. Barclay Sound (MINFILE 092C 095) A 200 metre wide limestone deposit extending for 1.7 km. along the northeast shore of Uchucklesit Inlet and onto Limestone Island was discovered in 1911. It strikes northeasterly towards the Silver King skarn occurrence, and dips gently to the southeast. Most of the limestone deposit along the shore is in the no registration reserve, but its northeast projection is covered by cell claim 525102 on the southern Nahmint Property. 10
  • 11. Black Prince (MINFILE 092F 086) Between two and six deposits of iron skarn, consisting of almost pure magnetite occurring in thin sheets, were discovered near a stream along the eastern side of Cass Creek between 1910 and 1916. A sample of one of the deposits taken in 1916 averaged 70.2% iron. These deposits are covered by cell mineral claims 525109 and possibly 525110 in the central portion of the Nahmint Property. Torse (MINFILE 092F 118) This occurrence was originally discovered and staked as the Blue Bell Group in 18981899, then re-staked as the Torse Group (Torse No.1 to No.8 inclusive) and explored in 1917-1918. Two copper skarn deposits were discovered along the eastern side of Snug Basin, and explored by shallow underground workings and open cuts. All but the Torse No.5 crown granted mineral claims were forfeited and the area of the former claims and deposits is within a no registration reserve extending along the eastern shore of Henderson Lake and surrounding Snug Basin. The western edge of cell mineral claim 543421 overlaps the pre-existing no registration reserve, but does not cover any the known deposits of the Torse occurrence, beyond the western edge of the Nahmint Property. Sunshine (MINFILE 092F129) At least three deposits of variable iron and copper skarn were discovered between 1902 and 1918 along Cascade Creek, about 700 metres northeast of Uchucklesit Inlet on the contiguous forfeited Sunshine and Fern crown granted mineral claims. These are now covered by cell mineral claims 525109 and possibly 525107 on the southwest portion of the Nahmint Property, which extend to Uchucklesit Inlet between two no registration reserves. The deposits were explored by shallow underground workings, from which 5 tonnes were shipped in 1916, averaging17.4% copper and 43.6 g/t silver. Three Jays (MINFILE 092F140) The Three Jays was also called Hayes or Nahmint during its exploration and production history between 1898 and 1947, and is by far the most developed area on the Nahmint Property. Seven copper skarn deposits were discovered over a strike length of 1500 metres from the west shore of the Alberni Inlet along an east-west orientation, plus a disseminated copper zone, on the contiguous North Pole, Southern Cross, Pacific, Norway, Viking (forfeited), Ballarat, Three Jays No.2, Three Jays, Three Jays No.3 and Blue Jay (forfeited) crown granted mineral claims, which are held by Karen Woo beneficially for Nahminto. The deposits and the remaining crown grants are either on or surrounded by cell mineral claim 525100 on the northeast portion of the Nahmint Property. The deposits were explored by almost 1 km. of underground workings, including three tunnels, two shafts, and several trenches, plus an aerial tramway was installed to convey ore from the upper workings. From 1898 to 1902, 1,981 tonnes of direct shipping ore was sent to the Tacoma smelter, averaging 7.5% copper, 0.97 g/t gold and 38 g/t silver, with several stockpiles of mineralized material remaining on surface. 11
  • 12. Ocean Wave (MINFILE 092F142) and Orphan Boy (MINFILE 092F209) Originally known as the Belvidere Group and located 1 km. north of Snug Basin, these occurrence were covered by the once contiguous but now forfeited crown granted mineral claims Orphan Boy, Fisher Maid, Belvidere, Santa Cruz, Ocean Wave, Big Bear, Southern Cross, Alpha, Tortilla, and Belvedere No.1 Fraction. From 1899 to 1903, at least two clusters of copper skarn deposits approximately 500 m. were discovered and the northern occurrence (Ocean Wave) excavated by shallow underground workings. In 1965, a minor surface drilling program was completed on the southern occurrence (Orphan Boy), but no known documentation exists of this work. These deposits are now covered by a no registration reserve along the eastern shore of Henderson Lake, and cell mineral claim 543420 overlaps the pre-existing reserve and the deposits along the western edge of the Nahmint Property. Saucy Lass (MINFILE 092F156) Several copper skarn deposits were discovered from 1908 to 1920 on the contiguous forfeited crown granted mineral claims Saucy Lass, Saucy Lass No.1 and Saucy Boy, located along Cascade Creek approximately 1 km. from Uchucklesit Inlet. These were explored by shallow underground workings. The deposits occur along the eastern end of a no registration reserve and are overlapped by cell mineral claim 525109, straddling the southwest boundary of the Nahmint Property. Cascade (MINFILE 092F157) In 1904, an outcropping deposit of copper/gold skarn was discovered along the west side of Cascade Creek approximately 400 m. from Uchucklesit Inlet, developed with a short adit and shaft for drainage, and an aerial tramway was installed. The deposit was partially mined by open cut and a trial shipment of 113 tonnes was sent to the Tacoma smelter, which averaged 13% copper and 29 g/t silver. A subsequent survey of the deposit location by the mine operators showed it to be beyond the claim boundary, and all further work was suspended. The deposit is now covered by a no registration reserve at Kildonan, the historic site of a small settlement and current site of a private fishing lodge, and is overlapped by cell mineral claim 525109 beyond the southwest boundary of the Nahmint Property. Ivanhoe (MINFILE 092F160) From 1908 to 1909, three copper skarn deposits were discovered each about 100 metres apart just north of Snug Basin and explored with shallow underground workings. These are now covered by the no registration reserve along the east side of Henderson Lake, beyond the west boundary of the Nahmint Property. Rainy Day (MINFILE 092F166) Four parallel, northeast-trending copper skarn deposits were discovered within 50 metres of one another from 1898 to 1928, one of which was explored by shallow underground workings, on the forfeited Rainy Day crown granted mineral claim along the eastern shore of Henderson Lake. These deposits are covered by the no registration reserve, and overlapped by cell mineral claim 543420, beyond the northwestern boundary of the Nahmint Property. 12
  • 13. J & S (MINFILE 092F210) In 1898, an iron skarn deposit was discovered and explored along the eastern shore of Henderson Lake, approximately 500 m. northeast of the Rainy Day occurrence. This deposit is covered by the no registration reserve, and overlapped by cell mineral claim 543420, beyond the north-western boundary of the Nahmint Property. Hecate Mountain (MINFILE 092F411) This unexplored limestone occurrence is probably the strike extension of the Barkley Sound occurrence, located 2 km. to the southwest along the Alberni Inlet. Hecate Mountain is a 250 m. wide, gently northwest-dipping limestone band near the centre of the Nahmint Property at the junction of cell claims 525102, 525110 and 525112. Uchucklesit Inlet (MINFILE 092F413) This unexplored limestone occurrence is located just north of Snug Basin, near the Torse and Ivanhoe skarn occurrences. It is situated within a no registration reserve and beyond the western boundary of the Nahmint Property. Handy Creek (MINFILE 092F475) This unexplored limestone occurrence is exposed over an area of 1 by 2 kilometres, and is a flat lying lens partially exposed in section along the deep gorge at the Handy Creek Main bridge. It is covered by mineral cell claim 550478, which was purchased from Mr. Tim Henneberry in 2012, and now included in the Nahmint Property. Work in the area of the Nahmint property dates back to the late 1890’s with the discovery of mineralization at many locations along the nearby portions of the Alberni Inlet, Uchucklesit Inlet and Henderson Lake. Considerable exploration and development work was carried out on the property in the early 1900s, particularly on the Three Jays area, including underground workings on twelve different occurrences, each representing a separate cluster of skarn deposits. Most of the work was suspended by the onset of World War 1, and only sporadic exploration has occurred on some of the locations since then. Documented assessment work consists of six reports of exploration work completed prior to 1990 on isolated portions of the Nahmint Property by different operators who staked claims over reverted crown granted mineral claims and/or acquired titles to crown grants. Since 2007, eight additional technical assessment reports submitted by Mr. Houle as technical assessment work document both preliminary and systematic work programs, with details repeated or summarized in this report. See Table 3 below. For Nahminto Resources Ltd.’s three 2007 preliminary work programs, funded in part by Discovery-Corp Enterprises Inc., Mr. Houle or Mr. Herb McMaster took 38 rock samples in the Three Jays, Monitor, Sunshine, Ocean Wave/Orphan Boy areas, and also 11 orientation stream moss mat samples across the south-central portion of the Nahmint Property, documented in ARIS reports 29252, 29574 and 29660. 13
  • 14. For Nahminto’s first systematic work program completed in the summer of 2008, funded in part by Urastar Energy Inc. and in part by Nahminto, Mr. Houle and field crew members supervised by him took 45 rock samples and 44 stream moss mat samples across most of the Nahmint Property. For the second systematic work program completed during the fall of 2008, funded by Torch River Resources Ltd., Mr. Andris Kikauka, P.Geo., took 5 rock samples and 90 soil samples, and 173 ground magnetic readings in the Three Jays area of the property, and supplied all data to Mr. Houle. The two work programs are documented in ARIS report 30799. For Torch River’s spring-summer 2009 work program, Mr. Kikauka completed three phases of field work in March, May and August of 2009, targeting known skarn mineralization in four main areas on the Property. These areas consisted of Three Jays/Viking/Pacific, Monitor/Happy John, Ocean Wave/Orphan Boy, and Sunshine/Saucy Lass. Mr. Kikauka took 659 ground magnetic readings, 236 soil samples, and 23 select outcrop and/or float rock chip samples. All data from Torch River’s 2009 work program was supplied to Mr. Houle by Mr. Kikauka, and documented in ARIS report 31248. During the fall 2009 work program, Mr. Houle and field crew members supervised by him completed a one week field work program targeting primarily the Three Jays area and the creek outflows along the eastern side of the Nahmint Property. During early October, 21 outcrop or float rock samples, 49 soil samples and 15 stream moss mat samples were taken. This work program is also documented in ARIS report 31248. During the summer 2010 work program, Mr. Houle and field crew members supervised by him including Ms. Ickringill completed a one week field program targeting the Silver King, Happy John and Monitor areas in the southern portion of the Nahmint Property. During July, 43 outcrop or float rock samples and 137 soil samples were taken, and both targeted and grid-based geological mapping was also completed. This program is documented in ARIS report 31708. On September 4, 2011, Geotech Ltd. completed 126 line km. of airborne magnetics and VTEM over the Three Jays area of the Nahmint Property, and the results were modeled and interpreted by T. Pezzot, P.Geo. of Geosci Data Analysis Ltd. The magnetic component of this survey was very useful in generating geophysical targets, and is documented in ARIS report 32603. During February, 2012 Precision Geosurveys Inc. completed 953 line km of airborne magnetics and radiometrics over the Nahmint Property, and the results were also modeled and interpreted by T. Pezzot, P.Geo. of Geosci Data Analysis Ltd., shown in Figures 2a-2e, and is documented in ARIS report 33092. Again, the magnetic component of this survey was very useful in generating geophysical targets required ground follow-up work, shown in Figure 2f. The radiometric response was subdued due to snow cover, and only raw Potassium is shown. 14
  • 15. Table 3 – Assessment Work Summary Year 1965 ARIS Report 00777 Company Alberni Mines Ltd. 196970 02856 Nootka Explorations Ltd. • 1980 08286 • 1980 08898 Island Mining and Exploration Co. Ltd. Allan Ingleson 1986 15199 Chelan Resources Inc. • 1989 19484 Nitro Ltd. • 2007 29252 • 2007 29574 Discovery-Corp. Enterprises Inc. Nahminto Resources Ltd. 2008 29660 • 2008 30799 2009 31248 Nahminto Resources Ltd. Torch River Resources Ltd., others Nahminto Resources Ltd. 2010 31708 Nahminto Resources Ltd. • 2011 32603 • 2012 33092 2013 pending Nahminto Resources Ltd. Snowfield Dev. Corp., Nahminto Equitas Resources Corp, Nahminto Resources • • • • • • • Work Program Geological and ground magnetic geophysical surveys on the Orphan Boy claim and occurrence Geological and geochemical surveys on the Henderson Lake claims (covered the area of Torse, Ocean Wave, Ivanhoe, Rainy Day, Orphan Boy and J&S occurrences) Prospecting, geological and geochemical surveys on the IME claims (including crown grants and covering the Three Jays occurrence) Prospecting on the Rain Day claims (covering the Rainy Day and possibly J&S occurrences) Geological, geochemical and ground geophysical (magnetics and electromagnetics) surveys on the Liquid Sunshine Property (covering Happy John, Silver King, Southern Cross occurrences) Geochemical sampling on the Liquid Sunshine Property (covering Happy John, Silver King, and Southern Cross occurrences) Prospecting, geological mapping, rock sampling and geochemistry on portions of the Nahmint Property Prospecting, geological mapping, rock and stream moss mat sampling on portions of the Nahmint Property Prospecting, rock, soil, stream moss mat sampling, geochemistry on portions of the Nahmint Property Prospecting, rock, soil, stream moss mat sampling, geochemistry, and ground magnetics on portions of the Nahmint Property Prospecting, rock, soil, stream moss mat sampling, geochemistry, and ground magnetics on portions of the Nahmint Property Geological mapping, prospecting, rock, soil, and stream moss mat sampling, geochemistry on portion of the Nahmint Property Airborne magnetics and VTEM over the Three Jays area of the Nahmint Property Airborne magnetics and radiometrics over the entire Nahmint Property Geological mapping, rock, soil and stream moss mat sampling, geochemistry in the Three Jays area of the Nahmint Property; Property-scale remote sensing 15
  • 16. Table 4 – Expenditure Summary for the Nahmint Property Year 2005 2006 2007 2008 2009 2010 2011 2012 2013 Operator(s) Nahminto Resources Ltd. Nahminto & Discovery-Corp Enterprises Nahminto & Discovery-Corp Enterprises Nahminto, Urastar Energy Corp & Torch River Resources Ltd. Nahminto & Torch River Resources Ltd. Nahminto & Greenlight Resources Ltd. Nahminto Resources Ltd. Nahminto & Snowfield Dev. Corp. Nahminto & Equitas Res. Corp. Expenditures $ 609.11 $ 59,146.82 $ 175,482.95 $ 71,256.21 $ 80,487.01 $ 36,458.34 $ 48,075.41 $ 95,643.28 $ 58,736.39 Work Programs Title searches for crown granted claims Road work, Prospecting, Sampling, Geochemistry Road work, Prospecting, Geology, Sampling, Geochemistry Prospecting, Sampling, Geochemistry, Ground Geophysics Prospecting, Sampling, Geochemistry, Ground Geophysics Geological mapping, Prospecting, Sampling, Geochemistry Airborne magnetics and VTEM Airborne magnetics and Radiometrics Geological mapping, Sampling, Geochemistry Geological Setting and Mineralization The Nahmint property is situated near the south end of the Wrangellian Terrane of the Insular Belt. The region is underlain by four, thick discrete volcano-sedimentary sequences ranging in age from Palaeozoic to Cretaceous, which have been variably intruded by up to four intrusive suites each associated with major tectonic events and related folding and faulting. The oldest sequence in the area belongs to the DevonianPermian Sicker Group, which does not outcrop on the property. The middle two sequences consist of the Triassic-Jurassic Vancouver and Bonanza Groups, which are described in detail below and cover most of the property. The youngest sequence belongs to the Cretaceous Nanaimo Group, which is entirely clastic sediments and does not outcrop on the property. The only intrusive rocks known to outcrop on the property are batholiths, stocks and dikes of the Jurassic Island Intrusive Suite, but Triassic Mount Hall and Tertiary Mount Washington suite intrusives occur in the area. The Triassic-Jurassic Vancouver and Bonanza Groups were reclassified in 2007 by G. Nixon of the B.C. Geological Survey, based on his recent work on northern Vancouver Island. The Triassic Karmutsen Formation of the Vancouver Group consists of extensive, pillowed to brecciated volcanic flows with thin inter-flow limestones and porphyritic volcanics in the upper part of the unit. Overlying the Karmutsen is the massive to bedded Triassic Quatsino Formation limestone, also of the Vancouver Group. The base of the overlying Bonanza Group is the Triassic Parson Bay Formation, consisting of volcanic breccias and tuffs overlain by bedded limestone, siltstone, mudstone and shale. These are overlain by the Jurassic LeMare Lake subaerial volcanics, tuffs and minor sedimentary rocks, the top of the Bonanza Group. These volcano-sedimentary sequences are intruded by the Early Jurassic Island Intrusives, consisting of a batholith or sill of granodiorite and related sub-intrusive porphyritic stocks and dikes. 16
  • 17. The legends for all report Figures 1c-1l for the Property area are from B.C. MapPlace, with property geology units for Figure 1d including map symbols as follows: • Early-Middle Jurassic Island Intrusive granodiorites (EMJIgd) • Lower Jurassic Bonanza Group LeMare Lake calc-alkaline volcanics (lJBca) • Upper Triassic Bonanza Group Parson Bay volcaniclastics (incl. in IJBca) • Upper Triassic Vancouver Group Quatsino Formation limestones (uTrVQ) • Upper Triassic Vancouver Group Karmutsen Formation volcanics (uTrVK) The Island Intrusives are directly associated with documented calc-alkalic coppermolybdenum-gold porphyry and/or copper/lead-zinc/iron/gold skarn deposits in BC MINFILE elsewhere on Vancouver Island, which are documented in BC MINFILE and characterized in BC Mineral Deposit Profiles, but not necessarily NI3-101 compliant, with those having produced or containing greater than 100,000 tonnes listed in Table 5: Table 5 – Significant Porphyry/Skarn Deposits on Vancouver Island Deposit Name MINFILE Class M.Tonnes Cu% King Solomon Iron Chief Pb% Zn% Mo% Au g/t Past Producer 0.227 1.40 Dev. Prospect 0.181 72.0 Pearson Dev. Prospect 0.143 60.0 Blue Grouse Past Producer 0.249 Glengarry Past Producer 0.327 Indian Chief Past Producer 1,900 Brown Jug Dev. Prospect 1.000 35.0 Brynnor Past Producer 4.481 67.2 Iron Hill Past Producer 3.657 54.4 Iron Mountain Dev. Prospect 0.250 50.0 Iron Mike Past Producer 0.955 Little Lake Dev. Prospect 2.846 Ford Past Producer 1.681 73.4 Churchill Dev. Prospect 0.726 38.0 Iron Crown Past Producer 2.176 58.6 Old Sport Past Producer 2.621 Shamrock Dev. Prospect 0.180 26.0 Merry Widow Past Producer 3.372 49.7 Yreka Past Producer 0.145 2.71 Artlish Dev. Prospect 0.635 0.08 Bensen Lake Past Producer 0.064 1.92 Hiller 4 Dev. Prospect 3.357 Hiller 8 Dev. Prospect 0.180 Uebell Dev. Prospect 0.146 2.00 Island Copper Past Producer 363.4 0.34 0.01 0.10 Red Dog Dev. Prospect 25.00 0.35 0.01 0.44 Hushamu Dev. Prospect 304.0 0.21 0.01 0.29 2.73 Ag g/t Fe% 10.1 42.7 1.50 0.31 23.2 43.5 0.03 47.8 1.57 1.47 4.48 0.34 31.2 0.97 19.3 7.59 44.1 35.9 30.0 17 0.81
  • 18. It should be noted the information presented in Table 5 is not necessarily indicative of the mineralization on the Nahmint property that is the subject of this technical report. Immediately on* or near the crown grants and the Nahmint property are five additional past producers, all of the copper-gold-silver skarn deposit type, and all directly related to Island Intrusive Suite rocks, shown in Table 6 as follows (from MEMPR Annual Reports): Table 6 – Past Producers on* or near Nahmint Property Nahmint Class Tonnes Years Au Ag (%) Property Area Cu (g/t) (g/t) Monitor* Past Producer 1,288 1900-1918 9.08 Southern Cross Past Producer 290 1905-1906 2.10 Sunshine* Past Producer 5 1916 17.38 Three Jays* Past Producer 1,981 1898-1902 7.52 Cascade Past Producer 113 1904-1905 12.95 0.05 28.8 17.7 43.6 0.97 38.0 28.6 Mineralization observed, mapped and/or sampled both on the crown grants and on the surrounding cell mineral claims of the Nahmint property by the author and other workers on the property from 2007 to 2013 appears consistent with the historical descriptions of mineralization by previous workers. Key points observed by the author and/or others and rounded values of significant elements selected from the geochemistry analyses from each the mineralized exposures consist of the following, listed from west to east: Orphan Boy/Ocean Wave Area: (see Figures 5a-k and Appendix 1) Orphan Boy Adit (UTM 352454E, 5434054N, 156 m. elevation) On September 10, 2007 Mr. Houle completed prospecting, geological mapping and rock sampling of previously undocumented skarn mineralization exposed in rock cuts along the Sing Main logging road on the contiguous forfeited crown granted mineral claims Belvidere, Santa Cruse and Tortilla near the Orphan Boy 092F209 MINFILE occurrences now covered by cell mineral claim 543420. Select grab sample 362656 was taken from a 0.25 m. thick iron/copper exoskarn oriented at 3350/250, exposed over 10 m. strike length and hosted by a fine grained, foliated and pyritic rock within brecciated limestone in a rock cut. The sample contains 10-50% pyrite and 1-5% chalcopyrite as veinlets, stockworks and disseminations, with gangue mineralogy consisting of epidote and quartz stockwork stringers, and yielded 13% iron, 3.8% calcium, and 459 ppm barium. Select grab sample 362657 was taken from a 0.05 m. thick copper endoskarn/vein oriented at 3050/700, exposed over 10 m. strike length and hosted by a felsic intrusive rock in a rock cut. The sample contains rusty and vuggy semi-massive sulphides consisting of 25% chalcopyrite and 15% pyrite, with gangue mineralogy consisting of garnets and epidote, and yielded 24 ppm molybdenum, 15% copper, 5.0 g/t silver, 13% iron, and 3.1% calcium. Select grab sample 362658 was taken from a 1.5 m. thick iron/copper endoskarn oriented at 1550/500, exposed over 20 m. strike length in the road bed and in the adjacent rock cut which excavated an old adit oriented at 0500 Azimuth. The adit was apparently driven along the footwall contact of a fault oriented at 0750/700 which apparently offsets the skarn eastwards, and has a mafic intrusive hangingwall and a garnetite footwall. The sample contains 25% pyrite, 5% chalcopyrite as fracture fillings and aggregates within 25% magnetite, with gangue mineralogy consisting of mainly 18
  • 19. garnets and minor epidote, and yielded 50 ppm molybdenum, 3.4% copper, 3.5 ppm silver, >100 ppm selenium, and 15% iron. Select grab sample 362659 was taken from a copper endoskarns/porphyry oriented at 1100/900, exposed over 10 m. in a rock cut hosted by pyritic, silicified, foliated and fractured feldspar porphyritic intrusive. The sample contains 10% sulphides in aggregates consisting of 9% pyrite, 1% chalcopyrite, with gangue mineralogy consisting of 50% quartz eyes and stockworks and 25% epidote, and yielded 0.21% copper, 9.6% iron, and 21% calcium. Ocean Wave Road Cut (UTM 352455E 5434555N 362 m. elevation) On July 22, 2008 and again on July 24, 2008, the Mr. Houle completed geological mapping and rock sampling previously undocumented skarn mineralization exposed in a rock cut along the east side of a logging road branching north from the Sing Main logging road, east of Ocean Wave MINFILE 092F142 and on forfeited crown granted mineral claim Big Bear, now covered by cell mineral claim 543420. Select outcrop sample 813554 was taken by Mr. Houle from a 0.5 m. thick copper skarn vein @ 0500/900 cutting felsic intrusive with adjacent marbleized limestone, containing 35% garnets, 30% magnetite, 15% pyrite and 5% chalcopyrite, yielded 0.67% copper, 3.5 g/t silver, 29% iron, and 15% calcium. Another select outcrop grab sample 813555 was taken from 0.5 m. thick copper skarn 30 m. north of sample 813554 along a contact @ 3400/150 between overlying marbleized limestone and underlying felsic intrusive, containing 20% actinolite, 25% chlorite, 10% garnets, 25% magnetite and 10% chalcopyrite, yielded 2.8% copper, 10.2 g/t silver, 25% iron, and 6.1% calcium. Another select outcrop grab was taken by Mr. Houle 5 metres uphill from sample 813554 and 30 metres north of sample 813555 from the same sheared and rusty contact-controlled copper skarn exposed over 0.25 m. thick @ 3200/200, containing 65% quartz and 15% sulphide clusters consisting of 5% pyrite, 3% possible tetrahedrite and 1% chalcopyrite, which yielded 5.3 ppm molybdenum, 0.34% copper, 0.09% zinc, 6.2 g/t silver, 23% iron, and 3.6% calcium. During August, 2009 Mr. Kikauka visited and took seven mineralized outcrop samples (Ocean 09AR-101 to -107, re-numbered as 200918 to 200924) from the area of the forfeited crown granted mineral claims now covered by cell mineral claim 543420. Two samples yielded elevated copper values, and five yielded highly iron values of >9%. Sample Ocean 09AR-104 (200921) (UTM 352009E 5433845N 90 m. elevation) Select outcrop grab sample from the Orphan Boy reverted crown granted mineral claim, consisting of andesite containing pyrite, chalcopyrite, magnetite, epidote chlorite and garnet, which yielded 0.107% copper, 1.8 g/t silver, 2.43% calcium, and 8.52% iron. Sample Ocean 09AR-105 (200922) (UTM 352300E 5434463N 302 m. elevation) Select outcrop grab sample from the Ocean Wave reverted crown grant, consisting of limestone/andesite containing pyrite, chalcopyrite, magnetite, epidote chlorite and garnet, which yielded >1% copper, 3.1 g/t silver, 8.49% iron and 2.86% sulphur. Sunshine/Saucy Lass Area: (see Figures 6a-j and Appendix 1) Sunshine Adit (UTM 354329E 5430066N 289 m. elevation) On June 21, 2007 Mr. Houle completed a short prospecting traverse from the Har Main Road to a shallow shaft, short adit and muck pile of the Sunshine occurrence, where hand trenching, geological mapping and rock sampling (4 samples) were completed. The site is located on the forfeited Sunshine No.1 crown granted mineral claim, now 19
  • 20. covered by cell mineral claim 525109, and may represent part of the Sunshine MINFILE 092F129 developed prospect. Select grab sample 362652 contains 20-40% pyrrhotite/pyrite, 1-10% chalcopyrite, 1-10% bornite, 5% magnetite as fractured aggregates and stockworks with gangue mineralogy consisting of actinolite, pyroxene, garnets and chalcedonic quartz. The sample yielded 0.41% copper and 30% iron from a 1 m. thick iron/copper endoskarn oriented at 1700/900 along a sheared intrusive contact and exposed in the north side of a 1.5 m. deep shaft. Select grab sample 362653 contains 5-75% pyrrhotite, 5-10% chalcopyrite and up to 5% bornite as zoned stockwork stringers, with gangue mineralogy consisting of actinolite, garnets and pyroxene. The sample yielded 3.7% copper, 8.7 g/t silver, 37% iron and 2.3% calcium from a 1.0 m. thick copper endoskarn exposed over 7 m. along the back of the adit oriented @ 3500/700 along a sheared intrusive contact. Select grab sample 362654 taken from a 0.5 m. deep and 2 m. diameter overgrown broken rock pile near the adit and contains 40% chalcopyrite, 20% bornite and 10% pyrrhotite as semi-massive and banded sulphides, with gangue mineralogy consisting of garnets, pyroxene and chalcedonic quartz. This sample yielded 15% copper, 0.39% zinc, 29 g/t silver, and 36% iron. Sunshine Creek (UTM 354075E, 5430461N, 278 m. elevation) On September 13, 2007, Mr. Houle completed prospecting, geological mapping and rock sampling of previously undocumented skarn mineralization exposed in rock cuts and creek beds along the Har Main Road on the contiguous forfeited Fern and Wasp crown granted mineral claims now covered by cell mineral claim 525109. Select grab sample 362672 was taken from a 1.0 m. thick copper/iron endoskarn oriented at 1250/300 and exposed over a 5 metre strike length between a massive garnetite hangingwall and a vuggy limestone footwall in a creek bed just upstream from the Sing Main Road Bridge. The sample contains 20% pyrite, 5% chalcopyrite, 5% magnetite, 1% bornite and 5% garnets, and yielded 39% iron and 7.5% calcium. Select grab sample 362673 was taken from a 0.2 m. thick sheared copper endoskarn/vein oriented at 0700/750 which may offset the northwest projection of the zone sampled in 362672 to the northeast, exposed in the north side of the same creek. The sample contains 1% chalcopyrite, 1% bornite, 0.5% malachite, 70% garnets, 10% chalcedonic quartz, 10% calcite and 5% tourmaline, and yielded 0.33% copper, 16% iron, and 16% calcium. Select grab sample 362674 was taken from a 0.5 m. thick skarn halo along a contact at 1600/900 between massive garnetite to the east and limestone bedded at 1150/200 to the west exposed in the centre of the same creek five metres west of sample 362673. The sample contains 15% stockwork stringers consisting of 10% hematite, 4% pyrite, and 1% chalcopyrite and trace bornite with gangue mineralogy consisting of marble/limestone, epidote, actinolite and garnets. Sample 362674 yielded 5.2% copper, 0.10% zinc, 13.7 g/t silver, 0.24 g/t ppb gold, 23% iron, and 11% calcium. Saucy Lass Creek Canyon (UTM 353585E 5430737N 208 m. elevation) During August, 2009 Mr. Kikauka took two samples about 25 metres apart of skarn mineralization exposed in a creek canyon from the forfeited Saucy Lass crown granted mineral claim, now covered by cell mineral claim 525109. Both samples contained pyrite, chalcopyrite, magnetite, epidote, chlorite and garnet hosted in limestone/andesite. Saucy-09-AR-201 (200925) yielded 0.796% copper, 6.1 g/t silver, 2.22% calcium and 12.56% iron; and sample Saucy-09-AR-202 (200926) yielded 0.442% copper, >15% iron and >5% sulphur. 20
  • 21. Black Prince Area: (see Figures 6a-j and Appendix 1) On July 25, 2008 Mr. Houle completed a traverse including prospecting, geological mapping and rock sampling mainly along overgrown logging roads in the general area of the Black Prince MINFILE092F096 Fe skarn showing, with mineralization documented as follows, all situated on cell mineral claim 525109: Sample 813564 (UTM 10N 355094E 5431602N 568 m. elevation) A select float grab from road blast was taken by Mr. Houle from a 0.25 m. thick rusty, malachitic boulder of iron/copper skarn containing 25% magnetite, 50% pyrite and 5% chalcopyrite, which yielded 0.07% copper, 48% iron, and 5.0% calcium. Sample 813568 (UTM 10N 354118E 5430874N 402 m. elevation) A select outcrop grab was taken by Mr. Houle from a 0.25 m. thick iron/copper skarn @ 180/30 hosted by felsic intrusive exposed in a road cut, containing 10% garnets, 35% actinolite, 40% magnetite and 5% chalcopyrite, which yielded 33 ppm molybdenum, 1.85% copper, 7 g/t silver, 48% iron, and 5.5% calcium. Sample 813569 (UTM 10N 354016E 5430755N 361 m. elevation) A select outcrop grab was taken by Mr. Houle from a 0.5 m. thick, locally rusty and vuggy iron/copper skarn @ 195/80 adjacent to a 3 m. thick silicate skarn hosted by limestone exposed in a road cut, containing 75% magnetite, 3% pyrite, 7% chalcopyrite and traces of bornite, which yielded 52 ppm molybdenum, 0.91% copper, 0.02% zinc, 2 g/t silver, 51.5% iron, and 2.1% calcium. Silver King/Copper Queen Area: (see Figures 7a-p and Appendix 1) Samples 8890 and 8891 (UTM 355832E 5427841N 72 m. elevation) On July 7, 2010 two select outcrop grab samples were taken by Mr. Houle from a 0.25 m. thick replacement zinc/copper skarn body oriented @ 040/50 and exposed in the overgrown road-cut of Limestone Bay Road, located on the Silver King forfeited crown granted mineral claim now covered by cell mineral claim 525107. Sample 8890 contained 20% magnetite, 25% chalcopyrite, 10% pyrite, 5% bornite and 5% sphalerite, and yielded 3.8% zinc, 1.7% copper, 23.8 g/t silver, 153 ppm nickel, 244 ppm cobalt, 304 ppm arsenic, 10.2% iron and 12.7% calcium. Sample 8891 contained 2% each chalcopyrite, sphalerite and pyrite, and yielded 2.0% zinc, 0.38% copper, 194 ppm nickel, 147 ppm cobalt, 334 ppm arsenic and 11.4% calcium. Sample 8885 (UTM 356127E 5427774N 135 m. elevation) On July 6, 2010 Mr. Houle took a select outcrop grab sample from a 0.25 m. thick iron/zinc/copper skarn vein oriented @ 170/90 and exposed in an overgrown road-cut of a spur road above the Limestone Bay Road, located on the Copper Queen forfeited crown granted mineral claim now covered by cell mineral claim 525107. The sample contained mainly altered limestone and calcite stringers, 20% pyrite, 5% chalcopyrite plus sphalerite and 5% magnetite, and yielded 0.97% zinc, 0.24% copper, 1220 ppm arsenic, 18.2% iron, 8.2% calcium and >10% sulphur. Happy John Area: (see Figures 7a-p and Appendix 1) Happy John No.4 Open Cut (UTM 356644E, 5428200N, 357 m. elevation) 21
  • 22. On July 12, 2010 Mr. Houle re-located and obtained 3 select outcrop grab samples (17326, 17327 and 17328) from a 0.05 m. thick copper skarn oriented @ 070/20 and exposed in a small open cut located on the forfeited Happy John No.4 crown granted mineral claim now covered by cell mineral claim 525102. The three samples contained 15-50% sulphides including chalcopyrite, pyrite and minor sphalerite and bornite. Sample 17326 yielded 1.48% copper, 15.2 g/t silver, 248 ppm cobalt, 646 ppm arsenic, 14.2% iron, 6.3% calcium and 8.3% sulphur. Sample 17327 yielded 10.4% copper, 106 g/t silver, 507 ppm cobalt, 4000 ppm arsenic, 24.1% iron, and >10% sulphur. Sample 17238 yielded 8.2% copper, 71.8 g/t silver, 273 ppm cobalt, 2170 ppm arsenic, 10.7% iron and 7.6% sulphur. About 15 metres east of the open cut in a small creek, Mr. Houle located a 0.5 metre diameter angular boulder of copper skarn mineralization, from which 2 select grab samples (17329 and 17330) were taken. The two samples contained 6575% sulphides including chalcopyrite, pyrrhotite, pyrite and bornite. Sample 17329 yielded 1.65% copper, 17.2 g/t silver, 401 ppm cobalt, 693 ppm arsenic, 33.4% iron and >10% sulphur. Sample 17330 yielded 2.0% copper, 20.5 g/t silver, 445 ppm cobalt, 643 ppm arsenic, 27.6% iron and >10% sulphur. Mark Murray Road-cut (UTM 356847E, 5428456N, 402 m. elevation) On June 14, 2007 Mr. Houle completed geological mapping and rock sampling the recently identified Mark Murray showing, located in the road bed of the Sing Main Road on the site of forfeited Green Mountain crown granted mineral claim covered by cell mineral claim 525102. This occurrence may have been previously discovered and documented by the authors of assessment report 15199. Select outcrop grab sample 362651 contains 5-40% magnetite, 5-20% chalcopyrite, 5% pyrrhotite/pyrite and up to 5% bornite in semi-massive bands and stockwork stringers, with gangue mineralogy consisting of garnet, pyroxene and chalcedonic quartz. The sample yielded 1.9% copper, 0.26% zinc, 4.1 g/t silver, 28% iron and 6% calcium from a minimum 0.2 m. thick Fe/Cu endoskarn exposed in over 2 by 2 metres and oriented at 0600/ 300 along a sheared intrusive contact. The zone may be thicker but its lower contact was not exposed. On July 2, 2008 Mr. Dan Berkshire, prospector, re-sampled the showing, obtaining selected grab sample 813603 from a 1.5 m. thick Fe/Cu skarn at the contact @ 3150/900 between limestone and shattered volcanics, containing banded to semimassive sulphides including 25% pyrrhotite, 10% chalcopyrite, 5% sphalerite?, 5% brown sulphide?, trace bornite, 25% magnetite and 25% chlorite, which yielded 0.84% copper, 1.8 g/t silver, 25% iron, and 12% calcium. On July 12, 2010 Mr. Houle resampled the showing, obtaining two select grab samples (17332 being silicate-rich and 17333 magnetite-sulphide rich). Sample 17333 contained 25% magnetite, 15% chalcopyrite and 5% pyrite, and yielded 4.64% copper, 10.55 g/t silver and 31.8% iron. Happy John Adit (UTM 356974E 5428502N 407 m. elevation) In March-May, 2009 Mr. Kikauka took sample HJ09AR3 (200917) from 0.2 m. thick skarn zone exposed in a shaft near the boundary of forfeited crown granted mineral claims Green Mountain and Happy John, now covered by cell mineral claim 525102 approximately 100 metres east of the Mark Murray occurrence. The sample contained epidote, chlorite, actinolite, garnet, chalcopyrite, pyrite and magnetite hosted by basalt and limestone, and yielded 7.05% copper, 25.3 g/t silver, 650 ppm cobalt, 100 ppm tellurium, 41.2% iron and 12.2% sulphur. On July 10, 2010 Mr. Houle re-visited this location, obtaining three select grab samples including two from the brow of the adit portal (sample 17310 being limestone, and sample 17311 being silicate skarn, both oriented at 290/60), and sample 17312 from a 0.5 m. skarn boulder containing 2% chalcopyrite which yielded 0.48% copper, 9.9% iron and 10.1% calcium. 22
  • 23. Happy John No.2 (UTM 357367E, 5428553N, 317 m. elevation) On July 10, 2010 Mr. Houle located and selectively grab sampled (sample 17315) a 0.1 m. diameter angular boulder of copper skarn mineralization exposed beneath an overturned stump located on forfeited Happy John No.2 crown granted mineral claim now covered by cell mineral claim 535102. The vuggy, rusty sample contained 50% garnets and 5% chalcopyrite, and yielded 1.12% copper, 13.3% iron and 12.8% calcium. Happy John No.1 Open Cut #1 (UTM 357433E 5428134N 95 m. elevation) In March-May, 2009 Mr. Kikauka took sample HJ09AR1 (200915) from a 0.2 metre thick skarn zone exposed in a trench adjacent to an adit on forfeited crown granted mineral claim Happy John No.1, now covered by cell mineral claim 525102. The sample contained epidote, chlorite, actinolite, garnet, chalcopyrite, pyrite and magnetite hosted in basalt and limestone, and yielded 8.1% copper, 35.1 g/t silver, 56 ppb gold, 27.7% iron, 7.4% calcium and 4.3% sulphur. On July 9, 2010 Mr. Houle re-visited this location, obtaining two select grab samples (17307 and 17308) from a 0.2 m. thick exposure of copper/pyrite skarn oriented at 120/50, which contained mainly silicates plus variable magnetite, chalcopyrite, pyrite and bornite. Sample 17307 yielded 1.55% copper, 41.3 ppm molybdenum, 11.1% iron and 10% sulphur. Sample 17308 yielded 10.7% copper, 0.148% zinc, 23.8 g/t silver, 13.8% iron and 8.2% sulphur. Happy John No.1 Adit #1 (UTM 357391E 5428153N 128 m. elevation) On July 9, 2010 Mr. Houle relocated the shallow adit located just west and up-hill from Open Cut #1, also located on forfeited crown granted mineral claim Happy John No.1, now covered by cell mineral claim 525102, and took one select broken rock sample (17309) of primarily silicate skarn from the floor of the adit. The sample contained minor pyrite, sphalerite and magnetite, and yielded 0.39% copper and 0.48% zinc. Happy John No.1 Adit #4 (UTM 357450E 5428126N 88 m. elevation) On July 9, 2010 Mr. Houle relocated another shallow adit located just east and downslope from Open Cut #1, also located on forfeited crown granted mineral claim Happy John No.1, now covered by cell mineral claim 525102, and took three select broken rock samples (17304, 17305, 17306) of copper/iron skarn breccia from the floor of the adit. The samples contained variable silicates, magnetite, chalcopyrite, pyrite and bornite. Sample 17304 yielded 3.6% copper, 0.35% zinc, 19 ppm tungsten, 18% iron, and 10% calcium. Sample 17305 yielded 8.98% copper, 0.126% zinc, 19.5 g/t silver, 150 ppm cobalt, 190 ppm arsenic, 10 ppm bismuth, 15 ppm tungsten, 27.9% iron and 7.4% sulphur. Sample 17306 yielded 6.58% copper, 14.5 g/t silver, 15 ppm molybdenum, 879 ppm zinc, 115 ppm cobalt, 177 ppm arsenic, 16 ppm bismuth, 55 ppm tungsten and 38.7% iron. Monitor Area: (see Figures 7a-o and Appendix 1) Monitor Area Trench (UTM 357989E 5427780N 157 m. elevation) On October 15, 2007, Mr. Houle completed a prospecting traverse from the shore of the Alberni Inlet on the Nahwitka, Monitor No.1 and Monitor No. Fraction crown granted mineral claims of the Monitor Group. Two samples were taken one each from separate boulders in the east side of an overgrown broken rock pile forming one of two parallel rock walls adjacent to an overgrown 2 m. wide and 5 m. deep trench oriented at 1850 Azimuth. The site had been helicopter logged in recent years, and a functional helicopter pad was located 60 metres east and 20 metres up-hill of the trench. Select 23
  • 24. grab sample 362676 is a copper/iron endoskarn containing 5% tetrahedrite, 5% chalcopyrite, traces of malachite, bornite, sphalerite and galena, and 15% magnetite rimmed with hematite, and with gangue mineralogy consisting of 60% garnets and 10% calcite. The sample yielded 0.68% copper, 0.18% lead, 3.7% zinc, 12 g/t silver, 16% iron, and 17% calcium. Select grab sample 362677 is an iron/copper exoskarn containing 10% chalcopyrite, 2% pyrite, 1% tetrahedrite, traces of malachite and bornite, and 60% magnetite rimmed with hematite, with gangue mineralogy consisting of garnets and epidote. The sample yielded 13 ppm molybdenum, 5.0% copper, 0.13% zinc, 23 g/t silver, 31% iron, and 3.1% calcium. Neither sample was analyzed for tellurium. Monitor Area Shaft (UTM 357796E 5427915N 116 m. elevation) In March, 2009 Mr. Kikauka took sample MON09AR2 (2009012) from a 0.2 metre thick exposure of skarn mineralization oriented 1500/780 on the Nahwitka crown granted mineral claim. The sample contained epidote, chlorite, actinolite, garnet, chalcopyrite, pyrite and magnetite hosted in basalt and limestone, and yielded 3.41% copper, 0.223% lead, >1% zinc, 1096 ppm tellurium, 58.2 g/t silver, 225 ppb gold, 29.3% iron and 26.6% sulphur. On July 8, 2010 Mr. Houle and Ms. Ickringill re-visited this location and took four select grab samples, including two outcrop samples from the trench walls (8899 and 17302) and two float samples from immediate area of the trenches (8900 and 17301). Sample 8899 was taken from 0.3 m. thick copper/zinc skarn body oriented at 045/90 and exposed in the west wall of the open cut north of the shaft, contained abundant calcite and 5% chalcopyrite, and yielded 1.12% copper, 0.24% zinc, 15.8 ppm bismuth and 13.5% calcium. Sample 17302 was taken from a 0.3 m. thick copper skarn body oriented at 030/90 and exposed in the east wall of the same open cut, contained 15% pyrite, 10% chalcopyrite and minor bornite, and yielded 7.8% copper, 26.7 ppm molybdenum, 819 ppm zinc and 55.9 ppm bismuth. Sample 8900 was taken from a 0.15 m. broken fragment of copper skarn in the floor of the same open cut, contained 65% chalcopyrite and 5% bornite, and yielded 13.65% copper, 15.3 ppm molybdenum, 522 ppm zinc, 68.4 ppm bismuth, 204 ppb gold, and 12% iron. Sample 17301 was taken from a broken fragment of iron/zinc/copper skarn immediately west of the same open cut and directly beneath the site of sample tag MON09AR2, contained 40% magnetite, 40% sphalerite, 10% chalcopyrite and 5% pyrite, and yielded 12.3% zinc, 1.3% copper, 0.17% lead, 43.4 g/t silver, 106 ppm cobalt, 177 ppm bismuth, 42.5 ppm mercury, 1200 ppm tellurium, 67 ppb gold, 49.7% iron and 6.4% sulphur. East of Monitor Shaft (UTM 357913E 5427875N 188m. elevation) Also in March, 2009 Mr. Kikauka took sample MON09AR4 (200914) from a 0.2 metre thick exposure of pyritic quartz, also on the Nahwitka claim. The sample contained chlorite, jarosite, chalcopyrite, pyrite and hematite hosted in basalt or andesite, and yielded 1.02% copper, >1% lead, >1% zinc, 934 ppm tellurium, 45.6 g/t silver, 50 ppb gold, 28.3% iron and 5.27% sulphur. Shoreline Load-out Area (UTM 357497E 5427803 25 m. elevation) On July 8, 2010 the authors took 8 select grab samples (8892 to 8898, and 17303) of iron/copper skarn mineralization from a moss-covered 3 metre by 3 metre stockpile of broken rocks accompanied by possible mining artifacts located just above a small rocky beach on the west side of the Nahwitka claim. The samples contained highly variable amounts of magnetite, pyrite, chalcopyrite, sphalerite and bornite, and yielded average values of 3.7% copper, 439 ppm zinc, 9.2 g/t silver, 21.6 ppm molybdenum, 51.9 ppm tungsten and 2.9% sulphur, plus 4 of the samples yielded >50% iron. 24
  • 25. Three Jays Mine Area (MINFILE 092F140): (see Figures 8a-o and Appendix 1) #1 Tunnel Portal Area (UTM 362314E, 5433841N, 525 m. elevation) On September 11, 2007 Mr. Houle completed a prospecting traverse from logging roads on cell claims 525111 and 525100 and forfeited Viking crown granted mineral claim to the No.1 Tunnel portal on the adjacent Three Jays No.2 crown granted mineral claim of the Three Jays Group. Select grab sample 362660 was taken from a 0.2 to 2 m. thick copper/zinc exoskarn oriented at 1800/700 and cut by a fault at 2200/400 along the west rib of the portal collar. The sample contains variable semi-massive sulphides as ovoid aggregates consisting 10-50% chalcopyrite, 5-15% pyrite, 5-75% sphalerite, with gangue mineralogy consisting of banded limestone and garnets, but yielded only 191 ppm copper, 6.2% iron, and 1.3% calcium. During the period October 20-23, 2008, Mr. Kikauka traversed along flagged trails on cell mineral claim 525100 to undertake a due diligence program consisting of rock and soil sampling, and a magnetometer survey on the Three Jays No.2 crown granted mineral claim. Mr. Kikauka took a select grab sample TJ08AR4 (200804) from the same site as did Mr. Houle, consisting of a 1 m. thick copper skarn containing epidote, garnet, actinolite, chalcopyrite, pyrite and magnetite, which yielded 3.1% copper, 0.051% zinc, 36 g/t silver, 185 ppb gold,15% iron and 3.9% calcium. Shaft Area (UTM 362382E, 5433867N, 576 m. elevation) In October, 2008 Mr. Kikauka took a select sub-crop rock grab sample TJ08AR2 (200802) from near the Three Jays Shaft on the Three Jays No.2 crown granted mineral claim. This sample was taken from a 0.15 m. thick skarn boulder containing epidote, garnet, actinolite, chalcopyrite, pyrite and bornite, and yielded 7.2% copper, 0.043% zinc, 17 g/t silver, 45% iron, and 5.5% calcium. Shaft Dump Area (UTM 362280E, 5433860N, 575 m. elevation) In October, 2008 Mr. Kikauka took three select rock dump samples, which probably originated from the underground workings of the former Three Jays prospect, from an area of 60 m. by 20 m. and ranging in elevations from 540 to 600 m on the Three Jays No.2 crown granted mineral claim. Sample TJ08-AR1 (200801) yielded 32 ppm molybdenum, 0.45% copper, 2.2 g/t silver, 15% iron and 15% calcium. Sample TJ08AR3 (200803) yielded 20% copper, 0.092% zinc, 22 g/t silver, 250 ppb gold, 17% iron and 1.3% calcium. Sample TJ08-AR5 (200805) was taken from a 1 metre thick skarn boulder containing epidote, garnet, actinolite, chalcopyrite, pyrite and magnetite which yielded 33 ppm molybdenum, 0.20% copper, 0.01% zinc, 5.8 g/t silver, 390 ppb gold, 30% iron and 4% calcium. During the period March-May, 2009 Mr. Kikauka took three additional select rock dump samples from the same area, all of which consisted of skarn containing epidote, garnet, actinolite, chalcopyrite, pyrite and bornite hosted by marble. Sample TJ09-AR1 (200901) yielded 13.8% copper, 60.4 g/t silver, 160 ppb gold, 0.244% arsenic, 0.336% zinc, 31.2% iron and 21.2% sulphur. Sample TJ09-AR2 (200902) yielded 15.25% copper, 52.1 g/t silver, 105 ppb gold, 0.178% arsenic, 0.322% zinc, 28.4% iron and 17% sulphur. Sample TJ09-AR3 yielded 10.85% copper, 56.2 g/t silver, 325 ppb gold, 0.25% arsenic, 0.305% zinc, 32.4% iron and 22.4% sulphur. #2 Tunnel East Winze Chute Bottom (UTM 362294E 5433837N 502 m. elevation) calculated from #2 Tunnel Portal (UTM 362294E 5433762N 501 m. elevation) On October 8, 2009 Mr. Houle entered the #2 tunnel on the Three Jays No.2 crown granted mineral claim, and inspected the main crosscut and level drifts where safely accessible. No significant mineralized zones appeared to be exposed in the walls or 25
  • 26. backs of the crosscut or level drifts, but a muck pile at the base of, and apparently spilled from, the failed East Winze Chute contained up to 5% mineralized skarn, and two select grab samples 813912 and 813913 were taken from the muck pile. Sample 813912 was semi-massive sulphide replacement copper skarn containing chalcopyrite, pyrrhotite, bornite, actinolite and calcite, and yielded 12.1% copper, 0.196% zinc, 41.7 g/t silver, 0.45 g/t gold, 143 ppm molybdenum, 58.4 ppm lead, 435 ppm cobalt, 615 ppm arsenic, 13.9 ppm bismuth, 18.9% iron, 10.2% calcium and 13% sulphur. Sample 813913 was net-textured sulphide copper skarn containing chalcopyrite, magnetite, pyrrhotite, pyrite and garnets in a matrix of calcite and chlorite, and yielded 1.97% copper, 90 ppb gold, 4.5 g/t silver, 12.4% iron, 5.86% calcium and 3% sulphur. Viking Adit Area (UTM 362207E, 5433606N, 529 m. elevation) During March 2009 Mr. Kikauka took sample VIK09-AR1 (200904) from a 0.3 metre thick skarn zone exposed in a trench oriented 3150/800, located on the Viking crown granted mineral claim near an adit. The sample contained epidote, chlorite, actinolite, chalcopyrite, pyrite and magnetite hosted by basalt/andesite, and yielded 10.48% copper, 46.5 g/t silver and 280 ppb gold, with no geochemistry results reported. Mr. Kikauka also took select grab sample VIK09-AR2 (200905) of similar mineralization from a rock dump at the northeast end of the same trench approximately 75 metres down slope from VIK09-AR1. This sample yielded 15.0% copper, 58.9 g/t silver and 70 ppb gold, with no geochemistry results reported. Three Jays Beach Zone / Pacific Area: (see Figures 8a-o and Appendix 1) During March 2009 Mr. Kikauka took five mineralized rock samples (PAC09-AR1 to 5) (200906 to 200910) from the western portion of the Pacific crown granted mineral claim, an areas covered by heavily vegetated second growth scrub located between the two creeks which cross the claim. Sample PAC09-AR1 (200906) (UTM 363400E 5433100N 109 m. elevation) Select outcrop grab from a 0.2 metre thick skarn lens containing chalcopyrite, pyrite, magnetite, epidote, chlorite and actinolite hosted in basalt/andesite. This sample yielded 2.41% copper, 11.2 g/t silver, 450 ppb gold, 7.2% iron and 6.14% sulphur. Sample PAC09-AR2 (200907) (UTM 363451E 5433162N 100 m. elevation) Select float grab from sub-cropping skarn mineralization near an old trench and adit, which contained chalcopyrite, pyrite, magnetite, epidote, chlorite and actinolite hosted in basalt/andesite. This sample yielded 1.02% copper, 0.8 g/t silver, 49 ppb gold, 7.97% calcium, and 6.91% iron. Sample PAC09-AR3 (200908) (UTM 363476E 5433146N 93 m. elevation) Select outcrop grab of skarn mineralization from a trench following a NE-trending shear and short NW-trending adit, containing chalcopyrite, pyrite, magnetite, epidote, chlorite, and actinolite hosted in basalt/andesite. This sample yielded 2.39% copper, 2.5 g/t silver, 63 ppb gold, 7.38% iron and 1.91% sulphur. Sample PAC09-AR4 (200909) (UTM 363514E 5433191N 91 m. elevation) Select outcrop grab of skarn mineralization exposed in an adit trending 2250, containing azurite, chalcopyrite, pyrite, magnetite, epidote, chlorite and actinolite hosted in basalt/andesite. This sample yielded 0.64% copper, 0.5 g/t silver, 7 ppb gold, 1.92% calcium, and 4.99% iron. 26
  • 27. Sample PAC09-AR5 (200910) (UTM 363529E 5433177N 77 m. elevation) Select float grab of skarn mineralization from a dump adjacent to a trench, containing chalcopyrite, pyrite, magnetite, epidote, chlorite and actinolite hosted in basalt/andesite. This sample yielded 21.02% copper, 61.8 g/t silver and 475 ppb gold, with no geochemistry reported. Samples 813905 to 813908 (UTM 363483E 5433151N 92 m. elevation) On October 7, 2009 Mr. Houle entered the Beach Adit located on the Pacific crown granted mineral claim, and took two select grabs (813905, -06) and two representative chip samples (813907, -08) of sheared skarn mineralization oriented at 0400/900 exposed over 4 metres in thickness in both ribs of the adit. The select grabs consisted of 50-75% skarn, and the representative chips about 10% skarn mineralization, containing variable amounts and styles of chalcopyrite, pyrite, pyrrhotite, magnetite, bornite in a chloritic quartz-feldspar-pyroxene matrix. The two select grab samples averaged 3.4% copper, 4 g/t silver, 0.11 g/t gold, 245 ppm zinc, 762 ppm cobalt, 510 ppm arsenic, 22% iron, 1.7% calcium and 8.2% sulphur. The two representative chip samples averaged 0.72% copper, 1 g/t silver, 30 ppb gold, 212 ppm cobalt, 158 ppm arsenic, 11% iron, 2.4% calcium and 2.1% sulphur. Sample 813909 (UTM 363475E 5433146N 99 m. elevation) Also on October 7, 2009 Mr. Houle took a select outcrop grab sample from a 0.2 to 0.5 metre thick sheared skarn zone oriented at 3300/600 exposed in a trench 5-10 metres uphill from the Beach Adit, which may represent a mineralized fault window of the same zone exposed in the adit. The sample was fractured and silicified, contained chalcopyrite, pyrite, magnetite, and quartz stringers in a chlorite-epidote matrix, and yielded 2.1% copper, 2.6 g/t silver, 90 ppb gold, 165 ppm cobalt, 16% iron, 1.1% calcium and 3.3% sulphur. Shoreline Load-out Area (UTM 363616E 5433147N 15 m. elevation) Also on October 7, Mr. Houle prospected the shoreline area near the assumed former location of the ship load-out for the Three Jays past producer, located on cell mineral claim 525100. Eight separate float grab samples of skarn mineralization were taken (samples 813914-813821 inclusive), containing highly variable textures and amounts of chalcopyrite, pyrite, pyrrhotite, magnetite, bornite, sphalerite, quartz, calcite, chlorite, actinolite and occasionally garnets. The eight samples yielded average values of 6.7% copper, 0.14% zinc, 18 g/t silver, 0.38 g/t gold, 9.7 ppm molybdenum, 295 ppm cobalt, 349 ppm arsenic, 132 ppm selenium, 29% iron, 8.4% calcium and 14% sulphur. Three Jays North Grid Area: (see Figures 8a-o and Appendix 1) During October 2013, the co-authors of this report took 35 generally weakly mineralized select or random outcrop or float grab samples from the grid area during the course of geological mapping and soil geochemical sampling. Three rock samples yielded slightly elevated target or indicator elements as follows: Sample E5123614 (UTM 361527E 5434631N 751 m. elevation) Select outcrop grab taken by Ms. Ickringill of 1m. thick exposure of silicified, calcitic and magnetic, fine to medium grained and possibly recrystallized mafic volcanics with 35% quartz eyes containing clusters of fine grained chalcopyrite which yielded 543 ppm Cu. 27
  • 28. Sample E5123621 (UTM 361115E 5434899N 684 m. elevation) Select outcrop grab taken by Ms. Ickringill of hematitic, weakly magnetic mafic volcanics with 20% thin quartz-calcite-sulphide stockwork stringers containing clusters of fine grained chalcopyrite which yielded 840 ppm Cu. Sample E5123681 (UTM 360975E 5434785N 654 m. elevation) Select outcrop taken by Mr. Houle of 3 m. thick exposure of silicified, calcitic mafic volcanics with 25% quartz-calcite-sulphide eyes and thin stringers containing fine grained disseminated pyrite, directly below a contact with overlying limestone, yielded 58 ppb Au. Deposit Types Copper, Gold and Iron Skarn mineralization as well as marble deposits on the Nahmint Property area appear to have formed where the Island intrusives occur near the lower contact of the Quatsino limestone with the underlying Karmutsen volcanics. Evidence of this lithological relationship is both geological through regional and detailed mapping and geophysical through aeromagnetics. No diamond drilling has been documented. No mention of porphyry copper mineralization has been documented on the Nahmint Property but neither have such deposits been targeted by explorationists. Sedimentary limestone deposits consist of the extensive exposures of the Quatsino limestone unit. Descriptions of copper-gold-silver mineralization on the Nahmint Property area are based primarily on historical data compiled in the B.C. Minister of Mines reports from 1898 to 1918, when all sixteen documented skarn occurrences were discovered by prospecting, many were explored by shallow excavations and a few selectively mined. Only six assessment reports exist of work by explorationists from 1965 to 1989. Since most of the work was done on crown granted mineral claims which did not require assessment work, many details of the deposits and excavations are largely unknown. In the modern context of mineral deposits models, descriptions of the sulphide mineralogy of these skarn occurrences appear to represent mixed variations of three end-member types with local examples as follows: • Copper Skarns – mainly chalcopyrite with minor pyrrhotite, pyrite, magnetite, bornite (ie. Monitor, Happy John, Southern Cross, Torse, Sunshine, Three Jays, Ocean Wave, Saucy Lass, Cascade, Ivanhoe, Orphan Boy, Rainy Day) • Gold Skarns – mainly pyrrhotite with minor bornite, chalcopyrite, pyrite, magnetite (ie. Silver King) • Iron Skarns – mainly magnetite with minor chalcopyrite, pyrrhotite, pyrite, bornite (ie. Defiance, Black Prince, J & S) These may actually represent mineral zonation variations within individual deposits or clusters, which is also typical of skarns. Early workers appeared to target primarily high grade copper skarns as direct shipping ore, so pyrrhotite-rich gold skarns may have received less attention, similar to the iron skarns. Gangue mineralogy and deposit shapes are also highly variable, and are dependent on whether they are endoskarns (within the intrusives) or exoskarns (within the surrounding volcano-sedimentary rocks). 28
  • 29. Exploration The 2013 work program completed by Equitas Resources Corp. resumed and expanded the systematic exploration programs on the Nahmint Property commenced in 2008 and continued in 2009 and 2010, summarized in the History and Mineralization sections of this report. During early-mid October, 2013 Mr. Houle planned, supervised and helpt to complete a 10 day work program targeting the Three Jays North Grid Area in the northeast portion of the property to follow up an aeromagnetic anomaly. The program documented in this report consists of GPS-grid based geological mapping and soil, rock and stream moss mat sampling. Field personnel accessed the grid area by foot and a 4x4 truck traveling daily from Port Alberni. Personnel involved in the 2013 field program and their positions and responsibilities were as follows: • Jacques Houle, P.Eng. – Project Manager – mapping, rock and moss mat sampling • Michelle Ickringill, B.Sc. – Junior Geologist – mapping, rock sampling • Paul Carpenter – Field Assistant – soil sampling • Brant Protasiewich – Field Assistant – soil sampling • Herb McMaster Sr. – Prospector – logistics, security, road clearing • Herb McMaster Jr. – Field Assistant – road clearing During Equitas’ October field work program, 35 rock samples were taken primarily from weakly mineralized exposures in road-cuts or outcrops, and 6 stream moss mat samples were taken from the larger available creeks around the perimeter of the grid, concurrent with geological mapping. Also, 303 grid-based ‘B’ horizon soil samples were taken where available at 50 metre intervals along 100 metre spaced lines oriented at 035 degrees azimuth, using pre-programmed held-held Garmin 60Csx units. Basic gridbased geological mapping was completed at 1:5000 scale, and detailed geological mapping was completed at selected rock sample sites. During the 2013 program, all sample sites were located using Garmin 60Csx units, and marked in the field with metal tags inscribed with the appropriate sample numbers and marked with flagging tape, and all rock samples taken in duplicate, with a reference specimen for each retained. Microscope descriptions of saw-cut 1-3 cm. thick specimens from each rock sample pairs taken during the 2013 program were completed by Mr. Houle and appear with locations, geochemistry results and highlights in four tables contained in Appendix 1. The soil samples taken in 2013 appear with locations, geochemistry results and highlights in three tables contained in Appendix 2. The stream moss mat samples taken in 2013 appear with locations, geochemistry results and highlights in three tables in Appendix 3. Analytical certificates and chain of custody forms appear in Appendix 4. Sample locations and geochemistry results for selected elements of potential economic interest, or of use as pathfinders to them, are presented in Figures 3a-3j for stream moss mats and in Figures 4a-4l for rocks, all at 1:50,000 scale for the entire Nahmint Property. For the Three Jays Area, sample locations, geological mapping with and without interpretation, and geochemistry results are presented in Figures 8a-8o for each element of potential interest combining the three media types (stream moss mats, soils and rocks), including gridded soil geochemistry data for each element, including a map of soil geochemistry compilation and target identification, all at 1:10,000 scale. Samples taken in 2013 and covered by this report are included and presented with previous samples taken on the Property since 2007. 29
  • 30. Drilling No drilling has been done by Nahminto on the crown granted mineral claims or the Nahmint property to date, nor has any drilling been documented historically in the area. Sampling Method and Approach Rock sampling completed on the Nahmint Property by the authors or other field crew personnel during the 2013 program consisted of systematic location, observation and description of mineralized or otherwise interesting outcrop or float, and generally select or occasional random grab sampling of each site of interest. Cleaned geotuls, sledge hammers and/or moils were used to extract un-weathered samples wherever possible, each which was placed in a new poly ore bags fastened with cable ties or other means to prevent spilling, and identified using pre-numbered 3-part sample tags. At each sample site, the sampler recorded site characteristics and GPS locations on prepared forms, recorded the sample number as the waypoint in the GPS unit, and completed a scaled sketch where appropriate of the sample site on the back of the form. All rock samples were taken in duplicate, with like-numbered sample tag parts placed in each bag containing corresponding sample pairs. After the field program, one from each of sample pair was cut with a rock saw, described by Mr. Houle using a binocular microscope, and retained in secure custody as a reference specimen. Soil sampling completed on the Nahmint Property during the 2013 program consisted of using cleaned geotuls and/or plastic serving spoons to extract ‘B’ horizon soil samples where available as close as possible to each pre-programmed grid stations from depths ranging from surface to 0.55 metres. Each soil sample was place in a new kraft paper sample bag, and identified using pre-numbered 3 part sample tags, with like-numbered sample tag parts placed within and another part stapled onto the folded tops of each bag, which also served to seal the bag. In addition, the sampler recorded site characteristics site characteristics and GPS locations were recorded on prepared forms, and recorded the sample number as the waypoint in the GPS unit. Sample Preparation, Analyses and Security One from each of the 35 rock grab sample pairs plus all 303 soil samples and all 6 stream moss mat samples were sent by Mr. Houle on October 19, 2013 via Greyhound BPX from Nanaimo, B.C. to AGAT Laboratories’ facility in Burnaby, B.C., accompanied by chain of custody forms completed by Mr. Houle, also sent by email, which appear in Appendix 4. All samples were weighed, catalogued, and prepared according to media type by AGAT in Burnaby. Email confirmation of sample receipt, methods to be used, prices for services, and work order number assigned by AGAT was issued on October 21, 2013 by AGAT, which appears in Appendix 4. Rock samples were dried and fine crushed to 70% < 2 mm., and a riffle-split 250 g. portion of the sample was pulverized to 85% < 75 microns using AGAT’s 226001 procedure. The sample pulps were transferred to AGAT Laboratories’ facility in Mississauga, Ont., where each was analyzed for gold using AGAT’s 202052 procedure for trace Au at 0.001-10 ppm by Fire Assay with ICP finish on a 30 g. sub-sample; and 30
  • 31. also analyzed for 48 other elements using AGAT’s 201071 procedure using 4 acid digestion with ICP/ICPMS-MS finish on a 1 g. sub-sample. All 35 rock samples submitted for analyses yielded values below the upper detection limits of the analytical methods used, so no over limit analyses were required. Analytical results were issued in Report 13V772784 on November 13, 2013 by AGAT via email to Mr. Houle, who then issued copies to Mr. Jay Roberge of Equitas Resources Corp. and Mr. Jim Simpson of Nahminto Resources Ltd. by email. Upon instruction by Mr. Houle all rock sample pulps and rejects were disposed by AGAT using their 208003 and 208002 methods. Soil samples were dried and screened to -80 mesh fraction using AGAT’s 226012 procedure, after which the sub-samples were transferred to AGAT’s Mississauga laboratory where they were analyzed using the same procedures as the rock sample pulps, and the soil pulps and rejects disposed using the same methods as well. Analytical results were issued in Report 13V772800 on November 14, 2013 by AGAT via email to Mr. Houle, who then issued copies to Mr. Jay Roberge of Equitas Resources Corp., to Mr. Jim Simpson of Nahminto Resources Ltd., and to Ms. Ickringill by email. Stream moss mat samples were dried, disaggregated and the mineral portion screened to -80 mesh fraction using AGAT’s 226012 procedure, after which the sub-samples were transferred to AGAT’s Mississauga laboratory where they were analyzed using the same procedures as the rock and soil sample pulps, and the stream moss mat pulps and rejects disposed using the same methods as well. Analytical results were issued in Report 13V772765 originally on November, 2013 by AGAT via email to the author, who then issued copies to Mr. Jay Roberge of Equitas Resources Corp., to Mr. Jim Simpson of Nahminto Resources Ltd., and to Ms. Ickringill by email. One sample pulp did not contain sufficient material for multi-element analyses, so AGAT obtained additional material from the sample reject, completed the analyses, and re-issued Report 13V772765 on November 15, 2013 via email to Mr. Houle. AGAT is compliant with the ISO 9001:2008 registration and ISO 17025:2005 accredited methods in North America, is a participant in the CALA (Canadian Association for Laboratory Accreditation) Proficiency Testing Program, and is registered by the BC Drinking Water Agency under the EWQA Regulation. Due to budgetary limitations of the 2013 field programs, as in previous programs, no independent quality control measures, duplicates, standards, blanks or other check analytical and testing procedures were utilized by the authors, who relied exclusively on the internal QA/QC measures employed by the laboratory. However, these are considered adequate for the rock, soil and stream moss mat samples taken to date. It is planned to create property standards, to obtain blank material, and to send duplicate pulps to alternate laboratories in any significant future sampling programs, particularly if more representative outcrop chip or drill core samples are taken. Data Verification The geological mapping and the soil sample geochemistry results from the 2013 field program documented in this report strongly suggest the presence of non-outcropping skarn mineralization, and previous aeromagnetic responses suggest the presence of magnetite, commonly found with skarn mineralization both nearby at Three Jays and elsewhere on the property, and also in other skarn deposits. 31
  • 32. Adjacent Properties There are no other contiguous adjacent properties as of the date of this report. Mineral Processing and Metallurgical Testing No mineral processing or metallurgical testing has been completed by Equitas or Nahminto to date, nor is any documented from historical work on the various mineral occurrences covered by the Nahmint Property. All five local past producers were direct shippers of high grade copper mineralization to the smelters at Tacoma, Washington (now closed) or at Trail, B.C., according to the records in MEMPR Annual Reports. Mineral Resource and Mineral Reserve Estimates No mineral resource or mineral reserves estimates have been completed by Equitas or Nahminto to date. Some historical estimates have been documented for some of the crown granted mineral claims, but are not compliant with NI 43-101 and neither the author nor the Company have verified them. For these reasons the estimates made by others in the past are not included in this report. Other Relevant Data and Information The Nahmint Property represent a large, attractive early stage exploration project, with multiple clusters of skarn occurrences in a geological setting similar to active and successful mining districts elsewhere. However, the social license to develop and operate a mine is not guaranteed to the mineral tenure holder anywhere in British Columbia, including Vancouver Island. The only metal mine on Vancouver Island (Nyrstar’s Myra Falls Operation) is currently operating at far below its capacity, and no new metal mine has been permitted since the 1960’s. It is also possible that local surface tenure holders, recreation/conservation groups and/or communities may actively and successfully oppose future mine development in the area of the Nahmint Property. Finally, the treaty process between all First Nations and federal and provincial governments is still in progress with no final treaties anticipated for some time for all First Nations with traditional territory in the area of the Nahmint property. Co-operation agreements between local First Nations bands and any new mine proponent are usually required to develop a mineral property today in B.C. However, it is assumed under the B.C. government’s 2-Zone model that the Nahmint Property is available for future exploration, development and mining, and that the B.C. Ministry of Energy and Mines will act as an effective advocate and permitting authority on behalf of any proponent who follows its laws and regulations required during all stages of any future work on the Nahmint Property. The authors are not aware of any other information, the absence of which would make this report incomplete or misleading. 32

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