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Page 1: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment
Page 2: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment
Page 3: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

  

CELTIC MINERALS LTD.  

 

Assessment Report  

Discussing  

Diamond Drilling  

on the  

Budgell’s Harbour Property, Central Newfoundland  Licences 8279M (7th Year), 10592M, 10667M, 10750M, 10839M (4th Year) and 12701M, 12923M, 13345M, 13353M, 13355M & 13356M (2nd Year)  

for  

Celtic Minerals Ltd.  

Total Claims: 156 Expenditures: $ 310,174.96 

Work Period:  January 1st – August 28th, 2008  

by  

Elliott Stuckless, BSc. Honors  

September 3rd, 2008 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

TABLE OF CONTENTS  

Page #  

1.0 Introduction                   4  2.0 Location & Access                   4  3.0 History of Land Tenure & Exploration            4  4.0 Geology                     8 

4.1 Regional Geology               8 4.2 Property Geology             10 

 5.0 2007  Exploration Program              12 

5.1 List of Personnel and Contractors          12 5.2 2008 Diamond Drilling Program          13 5.3 Recommendations & Future Plans          19 5.4 List of Expenditures                22 

 6.0 References                    23   

 LIST OF APPENDICIES     

  Appendix 1    Diamond Drill Logs  Appendix 2    Original Assay Certificates 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

LIST OF FIGURES 

 Page # 

 

FIGURE 1    Location Map               5 

FIGURE 2    Claim Map                 6 

FIGURE 3    Regional Geology Map             9 

FIGURE 4    Property Geology Map                            11 

FIGURE 5    Cross Section BH‐08‐08            15 

FIGURE 6    Cross Section BH‐08‐09             16 

FIGURE 7    Cross Section BH‐08‐10            18 

FIGURE 8    Cross Section BH‐08‐11                            20 

FIGURE 9    Cross Section BH‐08‐12            21 

                   

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

1.0 INTRODUCTION  This report discusses exploration work conducted on the Budgell’s Harbour Property – Licences 8279M (7th Year), 10592M, 10667M, 10750M, 10839M (4th Year) and 12701M, 12923M,  13345M,  13353M,  13355M  &  13356M  (2nd  Year).   Work  on  the  Budgell’s Harbour Property began  in  January 2008 when all previously  collected geological and geophysical data was compiled and new diamond drilling targets were selected.  In late January  –  Early  February,  Cabo  drilling mobilized  to  the  property  and  proceeded  to complete a 688.50 m, 5 hole diamond drill program.    The  purpose  of  exploring  this  property  is  to  evaluate  the  potential  for  the  Budgell’s Harbour Gabbro to host stratiform reef type platinum group metal mineralization.  The internal stratigraphy of  the Budgell’s Harbour Gabbro  is not well known, however  the intrusion is known to host mafic and ultramafic lithologies.  Many of the world’s largest Pt‐Pd deposits are hosted in well‐defined reefs occurring within layered intrusions at or near  the  contact  between mafic  and  ultramafic  rocks  and  not  necessarily  associated with the base.    Mineralization  of  this  type  tends  to  occur  as  relatively weak  sulphide  disseminations within  silicate  rocks and  chromitites.   PGE mineralization within  chromitites occurs as sparse sulphides within massive chromitite or within horizons hosting small amounts of chromite.    This  contrasts with  chromite  free  cumulate  rocks  in  the  hangingwall  and footwall regions of the mineralization.  2.0  LOCATION & ACCESS   The Budgell’s Harbour Property  is  located along  the shore of Notre Dame Bay on NTS Map Sheets 2E/06 and 2E/11 (Figures 1) in central Newfoundland.  The property is easily accessible via Highway 350, as well as by boat  from  the  town of Leading Tickles.   The area has rugged topographic relief covered by what appears to be a heavy first‐growth forest.   Relief  in access of 100m  is not uncommon.    In  the south, a  flat‐topped, steep sided hill rises 160m in less than 1 km of the surrounding ocean.  Although hilly, bedrock exposure is rare.  

 3.0  HISTORY OF LAND TENURE & EXPLORATION  The  Budgell’s  Harbour  Property  consists  of  11  licences  (8279M,  10592M,  10667M, 10750M,  10839M,  12701M,  12923M,  13345M,  13353M,  13355M  &  13356M), comprising 156  claims.    The  total  area  covered by  the property  is 39  km2  (Figure 2).  Table 1 describes the current licence status. 

  

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BuchansBuchansBuchansBuchansBuchansBuchansBuchansBuchansBuchansCornerbrookCornerbrookCornerbrookCornerbrookCornerbrookCornerbrookCornerbrookCornerbrookCornerbrook

Port Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux BasquesPort Aux Basques

St. AnthonySt. AnthonySt. AnthonySt. AnthonySt. AnthonySt. AnthonySt. AnthonySt. AnthonySt. Anthony

Grand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ WindsorGrand Falls ‐ Windsor

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ClarenvilleClarenvilleClarenvilleClarenvilleClarenvilleClarenvilleClarenvilleClarenvilleClarenville

St. John'sSt. John'sSt. John'sSt. John'sSt. John'sSt. John'sSt. John'sSt. John'sSt. John's

Scale: 1: 3,000,000

NAD 27 - Zone 21

Figure: 1

NTS: 12A/10

Celtic Minerals Ltd.B

Budgell's Harbour PropertyLocation Map

-50

Kilometres

0 50 100 150

BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR BUDGELL'S HARBOUR PROPERTYPROPERTYPROPERTYPROPERTYPROPERTYPROPERTYPROPERTYPROPERTYPROPERTY

Page 8: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN

5482000 mN5482000 mN5482000 mN5482000 mN5482000 mN5482000 mN5482000 mN5482000 mN5482000 mN

5483000 mN5483000 mN5483000 mN5483000 mN5483000 mN5483000 mN5483000 mN5483000 mN5483000 mN

5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN

5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN

5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN

5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN

5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN

5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN

E E E5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN

618000

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88888888888888888888888888888888888888888888888888888888888888888888888888888888888

NEWFOUNDLAND

Scale: 1:50,000

NAD 27 ‐ Zone 21

Figure: 2

NTS: 02E06 & 02E11

Celtic Minerals Ltd.

Budgell's Harbour PropertyClaim Location Map

Celtic Minerals Claims

Licence # of Claims Area (km )2

          8279M                             4                               1.00        10592M                           10                               2.50        10667M                             2                               0.50        10750M                           13                               3.25        10839M                             2                               0.50        12701M                             4                               1.00        12923M                             1                               0.25        13345M                           18                               4.50        13353M                           12                               3.00        13355M                           76                             19.00        13356M                           14                               3.50

           Total                           156                             39.00

 0 0 0 0 0 0 0 0 0

KilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometres

111111111 222222222 333333333 444444444

10839M10839M10839M10839M10839M10839M10839M10839M10839M

10750M10750M10750M10750M10750M10750M10750M10750M10750M

8279M8279M8279M8279M8279M8279M8279M8279M8279M

10592M10592M10592M10592M10592M10592M10592M10592M10592M

13345M13345M13345M13345M13345M13345M13345M13345M13345M

13356M13356M13356M13356M13356M13356M13356M13356M13356M

13355M13355M13355M13355M13355M13355M13355M13355M13355M

13353M13353M13353M13353M13353M13353M13353M13353M13353M

12701M12701M12701M12701M12701M12701M12701M12701M12701M

10667M

10667M

10667M

10667M

10667M

10667M

10667M

10667M

10667M

12923M12923M12923M12923M12923M12923M12923M12923M12923M

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

Table 1:  Licence Description LICENCE #  CLAIMS  LICENCE HOLDER ISSUANCE DATE REPORT DUE

8279M 10592M 10667M 10750M 10839M 12701M 12923M 13345M 13353M 13355M 13356M 

4 10 2 13 2 4 1 18 12 76 14 

Alterra Resources Alterra Resources Charlene King 

Alterra Resources David King David King David King Paul Chafe David King 

Celtic Minerals Ltd. Celtic Minerals Ltd. 

22‐11‐2001 10‐02‐2005 28‐03‐2005 04‐04‐2005 21‐04‐2005 16‐11‐2006 22‐12‐2006 16‐04‐2007 16‐04‐2007 16‐04‐2007 16‐04‐2007 

January 21st April 10th May 27th June 3rd June 20th 

January 15th February 20th June 16th June 16th 

June 16th 

June 16th  The  land  tenure,  geoscientific  examination  and  exploration  history  is  summarized  as follows:   1937:  The first recorded geological study of the Budgell’s Harbour area was by Dr. G.R. Heyl of Princeton University.   Despite  the  fact  this study was never completed, Heyl’s findings can be found in Geofile 02E/06/0029.  1956:  R.R. Potter included the area as part of a geological discussion in an exploration report on the Seal Bay – New Bay Pond areas (Geofile 02E/0077).  1962 – 1963:   H. Williams produced  the  first  complete map of  the area  (1  in  to 4 mi scale)  as  part  of  a  regional  geological mapping  initiative  by  the Geological  Survey  of Canada (Geofiles 02E/0109, NFLD/2035).  1967:  J.A. Helwig mapped the area at a 1:50,000 scale and provided interpretation of its stratigraphic  and  structural  history  as  part  of  his  PhD  thesis  for  Columbia University (Geofile 02E/0228).  1973:   Alex Harris  included  the  area  in  his  BSc  thesis  study  for Memorial University.  (Geofile 02E/0286)  1972‐1974:    Noranda  Exploration  held  the  area  under  NALCO  lot  002.    During  this period, Noranda  completed  geological mapping  and  prospecting,  ground  geophysical surveys  (EM, magnetics &  gravity)  and  an  extensive  (1271  sample)  soil  geochemical survey.  Results of this work included multiple sites of highly anomalous copper in soil, a strong magnetic response and one weak EM conductor.  Minor disseminated sulphides were noted and a single outcrop was reported as having malachite staining.  The copper 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

anomalies  were  not  explained,  but  rather  attributed  to  topographic  enrichment  or hydromorphic re‐distribution. (Geofiles 02E/0237, 02E/0333 and 02E/0334).  1975  –  1987:    The  area  was  included  in  numerous  academic  studies  as  per  those completed  by  H.G. Miller  in  1976  (Geofile  02E/06/0394),  P.L.  Dean  in  1978  (Geofile NFLD/0999), J.N. Prasad  in 1981 (Geofile 02E/0848) and H.S. Swinden  in 1983 (Geofile NFLD/2241).      1988 – 1989:  Noranda re‐evaluated the area, this time exploring for PGE’s.  Much of the work completed in the 1970s was confirmed and the area was thought to have potential as a platinum‐palladium target (Geofiles 02E/06/0592 & 02E/06/0665).  1997  –  2007:    Portions  of  the  current  claim  area  are  owned  by  prospectors  who performed  various  mapping,  prospecting  and  geochemical  surveys  (Geofiles 02E/06/0991, 02E/06/1104, 02E/06/1237 & 02E/06/1326).  2007:    Celtic Minerals  entered  into  an  option  agreement with  privately  held  Alterra Resources  and  its partners.    This  arrangement  could potentially  see Celtic  gain  100% ownership of the Budgell’s Harbour Property. Celtic completed Airborne gravity, IP and diamond drilling on the property.  4.0  GEOLOGY        4.1  Regional Geology       The  following description of the regional geology  (Figure 3)  is summarized  from Evans (1996) and Evans et al. (1989):    The  island of Newfoundland  forms  the northern end of  the Appalachian Orogen.   The geological subdivisions of the  island  from west to east, the Humber, Dunnage, Gander and Avalon, are based on stratigraphic and structural contrasts related to the formation and  later destruction of a  late Precambrian  ‐ early Paleozoic ocean known as  Iapetus, the  proto‐Atlantic  Ocean.    The  Humber  Zone,  in  the west,  a  remnant  of  the  North American continental margin,  is comprised of Paleozoic shelf  facies units  (sedimentary rocks) deposited on crystalline Precambrian  (Grenville) basement.   The Dunnage  zone units,  in  central  Newfoundland,  consist  of  ophiolitic  and  volcanic,  volcaniclastic  and sedimentary rocks of  island arc and back arc affinity that represent the vestiges of the Iapetus  (proto  Atlantic)  Ocean.    The  Gander  Zone,  in  east  central  Newfoundland,  is comprised of mainly deep water  sedimentary  rocks deposited  at or near  the eastern side  of  Iapetus.  The  Avalon  Zone,  in  eastern  Newfoundland,  is  composed  of  late Precambrian  volcanic,  sedimentary  and  plutonic  rocks  overlain  by  early  Paleozoic platformal  sedimentary  rocks  which  formed  part  of  the  European  continent  (Evans, 1996). 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

    

                      

        

Figure 3:  Geology of Newfoundland (After Colman‐Sadd et al., 1990)        

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

4.2 Property Geology  The high level Jurassic intrusion known as the “Budgell’s Harbour Gabbro” is composed of olivine gabbro, hornblende gabbro, biotite‐hornblende peridotite, diorite, diatreme breccias  and  lamprophyre dykes.    The  “Budgell’s Harbour Gabbro”  is  a differentiated alkaline  ultramafic  intrusion  that  is  probably  related  to  a major  fault  system  that  is interpreted to be part of the St. Lawrence rift system.    Chilled marginal facies have been observed at several points near the contact and in two outcrops from the top of the hill east of Budgell’s Harbour.   These  latter two are from near  the  center  of  the  outcrop  area  of  the  gabbo,  and  their  presence  suggests  the present erosional level is just below the original roof of the intrusion.    The  apparent  cylindrical  shape,  the  tectonic  setting,  the  suggested  mechanism  of magma  generation,  and  the  high  volatile  content  support  the  hypothesis  that  the emplacement was forceful.  A very forceful emplacement can produce a radial fracture pattern which offers an explanation of the observed radial distribution of  lamprophyre dykes surrounding the intrusion (Harris, 1973). (Figure 4)                          

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Region

carbonate limestone

chert

hypabyssal mafic

hypabyssal ultramafic

melange

plutonic intermediate

plutonic mafic

siliciclastic black shale

siliciclastic marine volcanic

siliciclastic marine conglomerate

siliciclastic marine sandstone

siliciclastic marine shale

volcanic felsic marine

volcanic mafic marine

Geology Legend

Lamprophyre Dykes

Scale: 1:50,000

NAD 27 ‐ Zone 21

Figure: 4

NTS: 2E

Celtic Minerals Ltd.-1

Kilometres

0 1 2 3

Budgell's Harbour PropertyProperty Geology Map

8888888888888888888888888888888888888888888888888888888888888888888888888888888888

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

5.0 2007 EXPLORATION WORK  

5.1 List of Personnel and Contractors                                          CELTIC PERSONNELName   Position  Address Barry Greene  V.P of Exploration  Grand Falls‐Windsor, NL Mark Graves  Exploration Manager  Wolfville, NS Elliott Stuckless  Lands Manager/Geologist  Botwood, NL Paul Delaney   Geologist  St. John’s, NL Isobel Wolfson  Geologist  Grand Falls‐Windsor, NL Tom McLennon  Prospector  Grand Falls‐Windsor, NL Lloyd King  Prospector  Conception Bay, NL Beatrice Baker  Office/Administration  Botwood, NL Lisa Gosse  Office/Administration  Grand Falls‐Windsor, NL Roland Janes  Assistant  Grand Falls‐Windsor, NL Bradley Collins  Assistant  Botwood, NL Keith Hart  Line Cutting  Botwood, NL Steven Regular  Line Cutting  Botwood, NL Joe McDonald  Line Cutting  Botwood, NL Greg Hancock  Line Cutting  Botwood, NL Greg Burt  Line Cutting  Botwood, NL 

                                        CONTRACTORSCompany  Service  Location Accurassay  Analytical Services  Gambo, NL; Thunder Bay, ON Cabo Drilling  Diamond Drilling  Springdale, NL Eastern Analytical  Analytical Services  Springdale, NL Myril’s Irving  Fuel  Botwood, NL Gill’s Construction  Heavy Equipment  Grand Falls‐Windsor, NL Mount Peyton Hotel  Accommodations  Grand Falls‐Windsor, NL Arjan Enterprises  Accommodations  Botwood, NL Riverwood Enterprises  Geophysical Interpretation  Ottawa, ON         

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

   5.2  2008 Diamond Drilling Program  The drilling program on  the Budgell’s Harbour property comprised 688.5m  in  five drill holes and occurred between January 29, 2008 and February 18, 2008.   Holes BH‐08‐08 and BH‐08‐09, drilled on licence 8279M and BH‐08‐10, drilled on licence 10592M (Figure 10) and  intended to evaluate first order platinum and palladium soil anomalies.   Holes BH‐08‐11 and BH‐08‐12 were drilled on  licence 10667M.   These holes were drilled  to further investigate anomalous PGE levels intersected in drill hole BH‐07‐01.    The 2007 drilling program was designed around a soil geochemical survey conducted by Noranda Exploration in the early 1970’s.  The 2008 drill program by Celtic Minerals Ltd. followed up on exploration work (i.e. soil geochemistry and diamond drilling) performed during  the  fall  of  2007.    An  IP  survey  was  conducted  by  GeoScott  Exploration Consultants  Inc.  of  St.  John’s,  NL  on  the  exploration  grid  however  none  of  the  IP responses were drill tested.  All drill core was sampled at 1.0 metre  intervals except where  the geology warranted modifying the sample thickness.  This would normally happen in regions where the host lithology was  intruded by  later  lamprophre dykes.   The core was delivered  to Eastern Analytical  Ltd.  for  sample preparation and analysis by  their  ICP‐30 analytical package.  Pulverized  samples were  couriered  to Accurassay  Laboratories  ,  Thunder Bay, ON  for analysis of gold, platinum and palladium by 30 g fire assay with ICP or atomic adsorption finish.    TABLE 2: Drill hole information; UTM coordinates are NAD 27 Hole   #  Northing  Easting  Azimuth Inclination Depth  Started  Finished 

08  5479977  614583  210°  ‐45°  116m  29/01/08  30/01/08 09  5480076  614332  300°  ‐45°  101m  04/02/08  05/02/08 10  5480500  614424    ‐90°  101m  08/02/08  08/02/08 11  5480340  613297  210°  ‐65°  269.5m  13/02/08  16/02/08 12  5480300  613238  210°  ‐45°  101  17/02/08  18/02/08 

 The following discusses the rational for each drill hole and the results.  BH‐08‐08:    This  hole was  drilled  to  test  a  three‐site  palladium  soil  anomaly  on  the western end of the exploration grid near L14+00N/7+00E.  The level of palladium at the three soil sites was 87 ppb, 96 ppb and 212 ppb.   The anomalies were also hosted  in a larger region of copper, nickel and manganese soil anomalies.  BH‐08‐08 did not intersect significant sulphide mineralization.  What mineralization that exists  comprises  trace  disseminated  pyrrhotite  and  a  1mm  thick  pyrrhotite  vein  at 47.6m.  The drill hole is entirely pyroxenite that is very magnetic and described as grey, medium‐coarse grained equigranular with  very  little  textural or mineralogic  variation.  

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

The pyroxenite hosts 5‐20% subhedral, equant to oval shaped pyroxene megacrysts. The pyroxene megacrysyts  lack  a  preferred  orientation  and  the  unit  does  not  exhibit  a tectonic, magmatic or flow fabric.  There  are  elevated  copper  values  of  800‐900  ppm  suggesting  weak  chalcopyrite mineralization  over  short  intervals  in  the  core.    Unusually  high  background    copper values averaging 390 ppm at 0.4‐31.0m and 153 ppm at 43.0‐66.0m are un‐explained but  likely  indicate  the  source  of  elevated  copper  in  the  surficial  environment.    The palladium  anomalies  are  explained  by  manganese  scavenging.    There  is  also  an anomalously high background of gold, platinum and palladium in the pyroxenite of BH‐08‐08 which  is a potential source for scavenged palladium  in the soils.   The pyroxenite hosts  detectable  gold  (>5ppb)  in  80%,  detectable  platinum  (<15  ppb)  in  45%  and detectable palladium (>10 ppb) in 60% of the core samples. (FIGURE 5)  BH‐08‐09:    This hole was drilled  to  test  coinciding  first‐order platinum  and palladium anomalies  at  L14+00N/4+50E which  occur within  larger  regions  of  second  and  third‐order platinum and palladium trends.  The platinum soil anomalies were 98 ppb and 357 ppb while the palladium anomaly was 153 ppb with a second order anomaly of 59 ppb.  The  platinum  and  palladium  soil  anomalies  also  coincide  with manganese  and  gold trends in the soil.  BH‐08‐09  intersected  trace  sulphide  mineralization  occurring  as  veins  and disseminations at 7.5m, 14.0m, 16.5m, 18.2m, 49.5m (w/ cpy) and 54.3m. Otherwise the hole  is  barren  of  mineralization.    The  drill  hole  is  entirely  pyroxenite  that  is  very magnetic  and  described  as  grey, medium‐coarse  grained  equigranular with  very  little textural  or  mineralogic  variation.    The  pyroxenite  hosts  5%  subhedral  pyroxene megacrysts. Pyroxene megacrysyts  lack a preferred orientation and  the unit does not exhibit a tectonic, magmatic or flow fabric.  Analytical values of 1000‐1100 ppm copper in three core samples attests to the very low grade nature of copper  in this hole.   However, the background copper  in BH‐08‐09 for the 105 core samples collected  is an extremely elevated 408 ppm.   Gold, platinum and palladium  also  have  very  high  background  levels  of  31  ppb,  43  ppb  and  36  ppb respectively.  Lithologic and alteration features in the host pyroxenite do not explain the presence of the elevated precious metals. It  is  interpreted  that  the  platinum  and  palladium  soil  anomalies  were  caused  by manganese scavenging of extremely high background precious metals that occur in the local bedrock and most likely in the surficial cover of this area. (FIGURE 6)  BH‐08‐10:    This  hole was  drilled  to  test  an  area  of  first  to  third‐order  platinum  and palladium soil anomalies near L18+00N/3+00E of the exploration grid.  BH‐08‐10 was  drilled  vertically  to  101.0m  and  intersected  pyroxenite  over  the  entire length of the hole.   Sulphide mineralization  intersected  in the hole was not significant.  

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

Trace  amounts  of  fine  disseminated  pyrrhotite were  noted  at  47.1m,  50.5m,  55.5m, 56.5m,  57.0m,  66.5m,  67.1m  and  67.9m.    Fine  grained  pyroxenite  occurring  at  47.4‐48.0m hosts 3‐5% pyrrhotite and trace amounts of chalcopyrite.  The drill hole comprises highly magnetic pyroxenite that is grey, medium‐coarse grained equigranular with very little textural or mineralogic variation.  The pyroxenite hosts 20% anhedral‐subhedral  pyroxene  megacrysts  that  are  0.5‐1.0cm  in  length.  Pyroxene megacrysyts  lack  a  preferred  orientation  and  the  unit  does  not  exhibit  a  tectonic, magmatic or flow fabric.  Compared to BH‐08‐08 and BH‐08‐09, the background copper and precious metal values are  low  in  BH‐08‐10.    Greater  than  90%  of  the  precious metal  values  are  less  than detection  limits  and  the  average  background  copper  content  is  83  ppm.    The  soil anomalies  in  this area are un‐explained.   Manganese scavenging does not seem  to be important.  (FIGURE 7)  BH‐08‐11:  This hole was drilled to explore continuity of a PGE enriched zone discovered in BH‐07‐01.   The  levels of gold, platinum and palladium were 168 ppb, 165 ppb and 2002  ppb  respectively  at  the  sampling  interval  of  146.04‐147.04m  in  BH‐07‐01.  Although  precious  metal  values  in  the  +100  ppb  range  are  not  un‐common  in  the Budgell’s  Harbour  Gabbro,  values  of  2  grams  are  rare.    BH‐08‐11  was  drilled  to determine  if  this enriched horizon continues  to depth,  i.e. about 50‐60m down‐dip of the zone in BH‐07‐01.  BH‐08‐11 intersected pyroxenite of varying textures intruded by a significant number of lamprophyric dykes.  The pyroxenite from the drill collar to 60.6m is very coarse grained and equigranular.    It has  the appearance of a pyroxene aggregate  comprising greater than  50%  pyroxene megacrysts.    Is  texturally  consistent  and  lacks  any  sort  of  fabric.  Very magnetic and hosts only trace amounts of pyrrhotite.   This pyroxenite  is  intruded by a crystal breccias dyke at 27.0‐36.0m.  The texture of this dyke varies from being fine grained equigranular to a crystal breccia aggregate hosting ~50% pyroxene crystals.  The pyroxenite  at 60.0‐128.0m  comprises  a heterogeneous  admixture of  fine  grained equigranular  pyroxenite  and  coarse  grained  pyroxenite magma with  contacts  varying from  sharp  to  gradational.   Pyrrhotite occurring  as  fine  to  coarse disseminations  and veins is very common.  Unit hosts trace chalcopyrite.  The copper grade at 100.4‐104.0m is about 0.12%.  Pyroxenite  at  128.0‐269.5m  is  typical  for  the  Budgell’s Harbour Gabbro.    It  is  coarse grained equigranular hosting 10‐20% pyroxene megacrysts and very magnetic.  The unit lacks tectonic, flow or magmatic textures as well as mineralogic and textural variation.  The mineralogic composition comprises 80% pyroxene, 10% magnetite, 2% plagioclase and  3‐4%  biotite  and  hornblende. Disseminated  pyrrhotite with  trace  chalcopyrite  is seen at 128.0‐145.0m 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

 The  zone of precious metal enrichment which possibly  could occur  at  180m was not located.    Elevated  copper  values  of  0.08‐0.09%  are  common  at  130.0‐148.0m.  Background copper is an elevated 494 ppm at 65.0‐187.0m.  Background precious metal values are  largely below detection  limit except at 128.0‐150.0m where gold, platinum and palladium average 22.8 ppb, 21.9 ppb and 17.7 ppb respectively. (FIGURE 8)  BH‐08‐12:  This hole was drilled to explore continuity of a PGE enriched zone discovered in BH‐07‐01.   BH‐08‐12 was drilled to determine  if this enriched horizon continues up‐dip and if present would likely occur at about 50m depth.  Pyroxenite seen in BH‐08‐12 is similar to that logged at 128.0‐269.5m of BH‐08‐11.  It is very  magnetic  and  coarse  grained  equigranular  hosting  20%  anhedral  to  subhedral pyroxene crystals that are 0.5‐1.0cm in length.  The unit contains 5‐10% fine, interstitial pyrrhotite  hosting  trace  to  3%  chalcopyrite  at  1.2‐35.0m  and  trace‐3%  pyrrhotite  at 35.0‐67.0m.  The copper grade at 1.2‐20.0m is 0.12% copper.  Detectable  levels  of  precious metals  are  the  norm  for  this  hole,  however  a  precious metal enriched horizon as seen in BH‐07‐01 was not detected.  The average background precious metal  content  at  1.2‐40.0m  for  gold, platinum  and palladium  is  an elevated 19.7ppb, 17.7 ppb and 18.0 ppb respectively.  (FIGURE 9) 

  5.3 Recommendations & Future Plans  

 Diamond  drilling  failed  to  intersect  significant  mineralization.  Zones  of  interstitial, disseminated  and  blebby  pyrrhotite  +/‐  chalcopyrite  did  not  host  attendant  gold  and PGE metallization.    At  this  time,  no  further work  is  recommended  for  the  Budgell’s Property. 

  

           

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5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN5484000 mN

5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN5485000 mN

5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN5478000 mN

5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN5486000 mN

5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN

5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN5479000 mN

EE E E E E E5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN5477000 mN

618000

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614000

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88888888888888888888888888888888888888888888888888888888888888888888888888888888888

NEWFOUNDLAND

Scale: 1:50,000

NAD 27 ‐ Zone 21

Figure: 10

NTS: 02E06 & 02E11

Celtic Minerals Ltd.

Budgell's Harbour PropertyDDH Location Map

Celtic Minerals Claims

DDH No. UTM E UTM N

     BH‐07‐08           614583              5479977     BH‐07‐09           614332              5480076     BH‐07‐10           614424              5480500     BH‐07‐11           613297              5480340     BH‐07‐12           613238              5480300 

 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

KilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometres

1111111111111111111111111111111111111111111111111 2222222222222222222222222222222222222222222222222 3333333333333333333333333333333333333333333333333 4444444444444444444444444444444444444444444444444

BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11BH-07-11 BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-12BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10BH-07-10

BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-09BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08BH-07-08

Page 25: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

     5.4 List of Expenditures

8279M 10592M 10667M 10750M 10839M 12701M 12923M 13345M 13353M 13355M 13356MATV Rentals 1,790.44$                        895.22$                         1,790.44$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Core storage 2,373.98$                        1,186.99$                      2,373.98$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Direct Drill Cost 35,578.78$                      16,559.71$                    60,746.27$                      ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Equip. Rental 400.00$                           200.00$                         400.00$                           ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Field Supplies  1,222.18$                        611.09$                         1,222.18$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Gasoline 1,501.69$                        750.85$                         1,501.69$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Geophysics Interp. 1,245.67$                        1,245.67$                      1,245.67$                        1,245.67$                  1,245.67$                  1,245.67$                  1,245.67$                  1,245.67$                  1,245.67$                  1,245.67$                  1,245.67$                 

Hotel & Meals  2,293.06$                        1,146.53$                      2,293.06$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Report/Map Draft & Digi. 1,386.59$                        693.30$                         1,386.59$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Safety Equipment 33.81$                              16.90$                            33.81$                              ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Salary ‐ Helpers  5,513.40$                        2,756.70$                      5,513.40$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Salary ‐ Prospectors 187.25$                           93.63$                            187.25$                           ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Salary ‐ Camp Labour 1,178.98$                        589.49$                         1,178.98$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Salary ‐ Geologist  3,901.81$                        1,950.91$                      3,901.81$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Sample Analyses 20,822.37$                      10,411.19$                    20,822.37$                      ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Satellite Communication 76.38$                              38.19$                            76.38$                              ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Site Prep. 12,472.43$                      6,236.21$                      12,472.43$                      ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Travel  140.34$                           70.17$                            140.34$                           ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           Vehicle Rental 2,140.44$                        1,070.22$                      2,140.44$                        ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                            ‐$                           

Sub‐Total 94,259.60$              46,522.95$            119,427.08$          1,245.67$          1,245.67$          1,245.67$          1,245.67$          1,245.67$          1,245.67$          1,245.67$          1,245.67$          270,174.96$          Administration Fee (15%) 14,138.94$                 6,978.44$                 17,914.06$                186.85$                186.85$                186.85$                186.85$                186.85$                186.85$                186.85$                186.85$                40,526.24$                

108,398.53$               53,501.39$               137,341.14$               1,432.52$             1,432.52$             1,432.52$             1,432.52$             1,432.52$             1,432.52$             1,432.52$             1,432.52$             310,701.20$               

TOTA

L

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

6.0  REFERENCES   Evans,  D.T.W.  (1996):    “Epigenetic  Gold  Occurrences,  Eastern  and  Central  Dunnage Zone,  Newfoundland”,  Government  of  Newfoundland  and  Labrador,  Department  of Mines and Energy, geological Survey Branch, Mineral Resources Report 9, 135pp.  Evans,  D.T.W.,  Kean,  B.F.,  Jenner,  G.A  and  Swinden,  H.S.  (1989):    “Volcanic  Rock Geochemistry as a Guide  for Massive Sulphide Exploration  in Central Newfoundland”, Government  of  Newfoundland  and  Labrador,  Department  of  Mines  and  Energy, Geological Survey Branch, Current Research Report 89‐01, pages 201‐219.  Colman‐Sadd,  S.P.,  Hayes,  J.P.,  and  Knight,  I.  (1990):    “Geology  of  the  Island  of Newfoundland”, Government of Newfoundland and Labrador, Department of Mines and Energy, Geological Survey Branch, Map 90‐001.  Heyl, G.R.  (1938):    “Geology and Mineral Deposits of  the New Bay area, Notre Dame Bay, Newfoundland”.   Newfoundland and Labrador Geological Survey,  Internal Report, Miscellaneous, 1938, 51pp.  [2E/06/0029].  Potter, R.R. (1956):  “Geological Report on Seal Bay to New Bay areas, Newfoundland”.  Newfoundland and Labrador Geological Survey, 1956, 32pp.  [02E/0077].  Williams, H. (1962):  “Geology, Botwood, West Half, Newfoundland”.  Geological Survey of Canada, Preliminary Map 19‐1962, 1962.   [02E/0109].  Williams,  H.  (1963):    “Botwood  Map  Area”.    Summary  of  Research:  Field  1962, Geological Survey of Canada, Paper 63‐01, 1963.  [NFLD/2035].  Helwig,  J.A.  (1967):   “Stratigraphic and Structural History of  the New Bay area, North Central Newfoundland”.   PhD  thesis, Columbia University, New York, New York, 1967, 248pp.  [02E/0228]    James, J.E.  (1973):   “Report on 1972 Field Work  in the NALCO Lot 2 Point Leamington Subconcession area, Newfoundland”.   Newfoundland and  Labrador Geological Survey, 1973.  [02E/0327]   Dimmell, P.M. and James, J.E. (1974):  “Report on 1973 Field Work in the NALCO Lot 2 Point  Leamington  area,  Newfoundland”.    Newfoundland  and  Labrador  Geological Survey, 1974, 175pp.  [02E/0333]  

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

James, J.E. (1975):  “Report on 1974 Field Work Including Geochemical and Geophysical Surveys  in  the  NALCO  Lot  2  Point  Leamington  Subconcession  Area,  Newfoundland”.  Newfoundland and Labrador Geological Survey, 1975, 7pp.  [02E/0334]  Harris, A. (1973):   “Geology of the Osmoton Arm‐Glovers Harbour Area, Central Notre Dame  Bay,  Newfoundland”.    BSc, Memorial  University  of  Newfoundland,  St.  John’s, Newfoundland, 1973, 116pp. [02E/0386]  Miller,  H.G.  (1976):    “A  Magnetic  Model  for  the  Budgell’s  Harbour  Stock, Newfoundland”.  Canadian Journal of Earth Sciences, Volume 13, Number 2, 1976, pages 231‐236.  [02E/06/0394]  Dean,  P.L.  (1978):  “The  Volcanic  Stratigraphic  and Metallogeny  of  Notre  Dame  Bay, Newfoundland”.  Memorial University of Newfoundland Geology Report 7, 1978, 216pp. [NFLD/0999]  Prasad,  J.N.  (1981):    “Paleomagnetism  of  the Mesozoic  Lamprophyre Dikes  in North Central  Newfoundland”.    MSc,  Memorial  University  of  Newfoundland,  St.  John’s, Newfoundland, 1981, 131 pp. [02E/0848]  Swinden, H.S.  (1983):   “Geological Setting and Volcanic Sulphide Mineralization  in  the Eastern Wild  Bight Group, Notre Dame  Bay”.    Preliminary  Current  Research  Reports, Government of Newfoundland and Labrador, Department of Mines and Energy, Mineral Lands Division, 1983, pages 49‐54. [NFLD/2241]  Reusch,  D  and  Graves,  G  (1988):    “First  Year  Assessment  Report  on  Geological  and Geochemical  Exploration  for  Licence  3023  on  Claim  Block  5100  and  Licence  3030  on Claim  block  5012  in  the  Budgell’s  Harbour  area,  Northern  Newfoundland”.  Newfoundland and Labrador Geological Survey, 1988, 25pp.  [02E/06/0592]  Basha, M.  (1989):    “Second  Year Assessment  Report  on Geochemical  Exploration  for Licence  3023  on  Claim  Block  5100  in  the  Budgell’s  Harbour  area,  Northern Newfoundland”.    Newfoundland  and  Labrador  Geological  Survey,  1989,  21pp.  [02E/06/0665]  Lewis, G (1997):  ‘First Year Assessment on Prospecting and Geochemical Exploration for Licence  5005M  on  Claims  in  the  Mill  Cove,  Osmonton  Arm  Area,  Central Newfoundland”.    Newfoundland  and  Labrador  Geological  Survey,  1997,  29pp.  [02E/06/0991]  Lewis, G (1998):  ‘First Year Assessment on Prospecting and Geochemical Exploration for Licence  5851M  on  Claims  in  the  Budgell’s  Harbour,  Osmonton  Arm  area,  Central Newfoundland”.    Newfoundland  and  Labrador  Geological  Survey,  1998,  25pp.  [02E/06/1104] 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

Reid,  C  (2002):    “First  Year  Assessment  Report  on  Prospecting  and  geochemical Exploration for Licence 8279M on claims in the Budgell’s Harbour area, Notre Dame Bay, Newfoundland”.      Newfoundland  and  Labrador  Geological  Survey,  2002,  20pp.  [02E/06/1237]  Reid,  C  (2004):    “Second  Year  Assessment  Report  on  Prospecting  and  geochemical Exploration for Licence 8279M on claims in the Budgell’s Harbour area, Notre Dame Bay, Newfoundland”.      Newfoundland  and  Labrador  Geological  Survey,  2004,  19pp.  [02E/06/1326]              

      

 

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Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

     

APPENDIX 1  

Diamond Drill Logs             

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DIAMOND DRILL LOG Hole Number Page No.BH-08-08 1

Drilling Company Collar Elevation Total Metreage Map Reference No.128m (approx). Collar: -45 210 degrees 116m 2E/06

Date: Hole Started Completed Date Logged NAD Easting Northing m ° no tropari test at Magnetic Declination LocationJan. 30, 2008 3/15/2008 NAD 27 614583 5479977 m ° bottom of hole

Exploration Co, Owner/Optionee Logged By NAD 83 m °Mark Graves m °

Grid 7+00E L14+50N m °Sample Metreage

Rock Type Ni Co Cr Au Pt Pd Cu AgFrom To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.00 2.80 Casing

2.80 116.00 Pyroxenite 0.40 405540 2.60 3.00 0.40 99 43 130 13 <15 139 358 0.2EOH 1.00 405541 3.00 4.00 1.00 106 46 141 10 25 12 337 0.2

1.00 405543 4.00 5.00 1.00 123 44 134 18 21 113 315 0.21.00 405544 5.00 6.00 1.00 104 45 137 9 19 <10 309 0.21.00 405545 6.00 7.00 1.00 108 43 125 9 15 <10 370 0.21.00 405546 7.00 8.00 1.00 106 41 128 10 16 <10 383 0.21.00 405547 8.00 9.00 1.00 111 44 130 8 <15 <10 380 0.21.00 405548 9.00 10.00 1.00 112 43 120 7 <15 <10 395 0.21.00 405549 10.00 11.00 1.00 122 47 131 8 20 11 435 0.21.00 405550 11.00 12.00 1.00 123 48 136 11 <15 10 449 0.21.00 405551 12.00 13.00 1.00 122 45 118 11 23 <10 449 0.21.00 405552 13.00 14.00 1.00 121 43 133 11 18 <10 400 0.21.00 405553 14.00 15.00 1.00 121 32 115 10 <15 <10 312 0.21.00 405554 15.00 16.00 1.00 130 34 117 18 <15 <10 323 0.21.00 405555 16.00 17.00 1.00 133 35 122 16 <15 11 333 0.21.00 405556 17.00 18.00 1.00 127 36 126 11 <15 <10 291 0.21.00 405557 18.00 19.00 1.00 126 33 129 13 17 40 319 0.21.00 405558 19.00 20.00 1.00 118 34 126 13 <15 <10 227 0.21.00 405559 20.00 21.00 1.00 119 34 162 17 39 20 237 0.21.00 405560 21.00 22.00 1.00 119 33 130 18 31 12 287 0.21.00 405561 22.00 23.00 1.00 121 33 137 19 36 11 329 0.21.00 405563 23.00 24.00 1.00 120 30 118 16 18 <10 299 0.21.00 405564 24.00 25.00 1.00 116 32 120 13 18 <10 318 0.21.00 405565 25.00 26.00 1.00 107 30 118 14 <15 <10 301 0.21.00 405566 26.00 27.00 1.00 118 33 141 16 18 14 430 0.21.00 405567 27.00 28.00 1.00 137 33 117 43 33 27 860 0.21.00 405568 28.00 29.00 1.00 146 33 131 67 26 31 928 0.21.00 405569 29.00 30.00 1.00 125 31 124 40 17 11 557 0.21.00 405570 30.00 31.00 1.00 125 31 121 77 54 47 418 0.21.00 405571 31.00 32.00 1.00 112 30 128 6 145 133 56 0.21.00 405572 32.00 33.00 1.00 107 29 125 6 27 12 38 0.21.00 405573 33.00 34.00 1.00 108 29 131 <5 <15 <10 32 0.21.00 405574 34.00 35.00 1.00 102 32 118 <5 <15 <10 52 0.21.00 405575 35.00 36.00 1.00 131 35 162 <5 <15 <10 34 0.21.00 405576 36.00 37.00 1.00 125 34 153 <5 <15 <10 36 0.21.00 405577 37.00 38.00 1.00 134 34 157 <5 <15 11 24 0.21.00 405578 38.00 39.00 1.00 131 32 160 <5 <15 <10 17 0.2

Description

Dip of hole atLocation of Hole in Relation to a Fixed Point on the ClaimCabo Drilling (Atlantic) Corp.

Jan. 29, 2008

Metreage

Celtic Minerals Ltd

Mineral Licence 8279MBearing(NTS)

Celtic Minerals Ltd. / Alterra

Osmonton Arm - Glover's Harbour,

Budgell's HarbourSample

Metreage by Tags

Newfoundland

Actual Sample

Length (m)Sample Number

Property Name

Assays

unit has a well developed jointing at 45-60o tca

extensively fractured fine grained mafic dyke at 93.1-94.0mminor serpentine on fractures as at 88.0m

1mm thick pyrrhotite vein at 47.6m; trace po at 47.7m

grey, medium - coarse grained equigranular, hypidiomorphic granular texture; megacrystic, hosts 5-20% subhedral equant to oval pyroxene crystals that are~1.0cm in length; very magnetic; very little textural or mineralogic variationpyroxene megacrysts lack a preferred orientation and frequently exhibit a cataclastic texture suggesting forceful injection without gravity settling

hosts 80% pyroxene, 5% plagioclase, 5% magnetite and 10% biotite and amphibole

mafic dykes at 34.6-34.8m, 45.5-45.7m, 47.2-47.4m (hosts 2-3% fine pyrrhotite), 67.0-68.0m, 72.4-72.7m, 74.0-74.2m and 78.4-78.6m

hosts 3-5% black inclusions at 46.0-56.0m, 1-3mm in diameter and sub-rounded, possible or mineral aggregate

mafic crystal breccia dyke at 83.0-86.4m, fine grained to aphanitic matrix hosting 20-30% anhedral-euhedral crystals dominated by pyroxene but may contain 5% olivine crystals; thin pyrrhotite veinlets at lower contact of the dyke; crystals vary from 1mm-10mm in length

5% miarolitic cavities at 60.0-66.0m and 77.0-81.0mtrace sulphides at 64.8m

lacks fabric of any sort - tectonic, flow or magmaticgenerally lacks sulphides

core is largely broken at 93.0-105.0m; brittle fracturing

leucocratic dyke at 69.7-70.4m

leucocratic dyke at 112.5-112.9m

fine grained mafic dykes at 110.5-111.0m, 111.5-112.5m that are extensively broken

fine grained biotitic dyke at 99.0-99.5m

BH-08-08_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-08 2

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 405579 39.00 40.00 1.00 134 33 186 <5 <15 27 27 0.21.00 405580 40.00 41.00 1.00 138 34 249 <5 <15 <10 24 0.21.00 405581 41.00 42.00 1.00 117 30 171 <5 <15 <10 37 0.21.00 405583 42.00 43.00 1.00 114 28 167 <5 <15 10 41 0.21.00 405584 43.00 44.00 1.00 131 35 142 5 17 16 105 0.21.00 405585 44.00 45.00 1.00 127 37 113 10 <15 <10 261 0.21.00 405586 45.00 46.00 1.00 74 35 62 <5 17 <10 123 0.21.00 405587 46.00 47.00 1.00 133 46 107 <5 17 <10 211 0.21.00 405588 47.00 48.00 1.00 114 41 96 9 <15 16 247 0.21.00 405589 48.00 49.00 1.00 126 38 103 13 44 26 214 0.21.00 405590 49.00 50.00 1.00 104 34 93 10 <15 10 206 0.21.00 405591 50.00 51.00 1.00 107 35 100 <5 <15 <10 130 0.21.00 405592 51.00 52.00 1.00 118 38 102 <5 <15 11 157 0.21.00 405593 52.00 53.00 1.00 104 38 92 5 15 25 151 0.21.00 405594 53.00 54.00 1.00 100 41 76 6 27 17 150 0.21.00 405595 54.00 55.00 1.00 101 37 94 5 <15 <10 126 0.21.00 405596 55.00 56.00 1.00 128 31 127 <5 <15 12 95 0.21.00 405597 56.00 57.00 1.00 129 32 107 6 16 13 195 0.21.00 405598 57.00 58.00 1.00 133 33 112 <5 <15 10 133 0.21.00 405599 58.00 59.00 1.00 122 36 117 6 15 <10 163 0.21.00 405600 59.00 60.00 1.00 131 36 119 195 0.20.45 405601 60.00 60.45 0.45 69 31 70 5 <15 23 104 0.20.55 405603 60.45 61.00 0.55 140 33 134 8 <15 17 126 0.21.00 405604 61.00 62.00 1.00 96 30 101 10 <15 15 103 0.21.00 405605 62.00 63.00 1.00 119 30 111 6 18 12 91 0.21.00 405606 63.00 64.00 1.00 134 29 121 9 <15 20 109 0.21.00 405607 64.00 65.00 1.00 113 34 94 7 <15 13 153 0.21.00 405608 65.00 66.00 1.00 100 28 107 6 17 17 132 0.21.00 405609 66.00 67.00 1.00 106 25 117 7 <15 22 54 0.21.00 405610 67.00 68.00 1.00 33 24 28 5 <15 <10 20 0.21.00 405611 68.00 69.00 1.00 94 25 87 11 18 15 218 0.21.00 405612 69.00 70.00 1.00 67 25 89 <5 <15 11 46 0.20.70 405613 70.00 70.70 0.70 16 7 111 <5 <15 10 32 0.20.30 405614 70.70 71.00 0.30 91 23 113 <5 <15 10 65 0.20.40 405615 71.00 71.40 0.40 77 22 127 <5 <15 11 26 0.20.60 405616 71.40 72.00 0.60 120 24 133 6 <15 <10 23 0.21.00 405617 72.00 73.00 1.00 69 31 71 6 <15 <10 102 0.21.00 405618 73.00 74.00 1.00 121 25 158 6 16 12 61 0.21.00 405619 74.00 75.00 1.00 87 23 98 11 <15 <10 55 0.21.00 405620 75.00 76.00 1.00 118 26 135 6 19 13 24 0.21.00 405621 76.00 77.00 1.00 86 22 119 6 16 <10 58 0.21.00 405623 77.00 78.00 1.00 90 24 120 11 62 32 48 0.21.00 405624 78.00 79.00 1.00 68 21 91 <5 <15 <10 48 0.21.00 405625 79.00 80.00 1.00 109 24 122 6 16 10 31 0.21.00 405626 80.00 81.00 1.00 110 24 109 <5 <15 <10 57 0.21.00 405627 81.00 82.00 1.00 103 30 99 <5 <15 <10 64 0.21.00 405628 82.00 83.00 1.00 89 28 103 9 <15 <10 60 0.21.00 405629 83.00 84.00 1.00 39 30 58 <5 <15 <10 39 0.21.00 405630 84.00 85.00 1.00 40 32 60 11 <15 <10 20 0.21.00 405631 85.00 86.00 1.00 40 29 66 <5 <15 <10 19 0.2

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

BH-08-08_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-08 3

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 405632 86.00 87.00 1.00 74 25 81 6 <15 13 49 0.21.00 405633 87.00 88.00 1.00 120 27 129 8 <15 13 58 0.21.00 405634 88.00 89.00 1.00 92 23 108 15 <15 12 86 0.21.00 405635 89.00 90.00 1.00 106 25 109 12 <15 12 92 0.21.00 405636 90.00 91.00 1.00 113 29 112 8 <15 13 93 0.21.00 405637 91.00 92.00 1.00 103 25 110 6 <15 13 47 0.21.00 405638 92.00 93.00 1.00 101 22 112 5 <15 <10 28 0.21.00 405639 93.00 94.00 1.00 54 18 89 6 <15 <10 42 0.21.00 405640 94.00 95.00 1.00 136 28 135 7 <15 11 78 0.21.00 405641 95.00 96.00 1.00 162 36 157 43 25 22 743 0.21.00 405643 96.00 97.00 1.00 149 37 116 68 18 <10 897 0.21.00 405644 97.00 98.00 1.00 123 30 150 82 45 26 526 0.20.70 405645 98.00 98.70 0.70 115 24 128 43 47 32 203 0.20.80 405646 98.70 99.50 0.80 27 19 41 6 <15 <10 26 0.20.50 405647 99.50 100.00 0.50 53 19 76 5 <15 <10 24 0.21.00 405648 100.00 101.00 1.00 106 24 136 5 <15 10 69 0.21.00 405649 101.00 102.00 1.00 87 24 85 5 16 13 53 0.21.00 405650 102.00 103.00 1.00 78 19 104 <5 <15 <10 31 0.21.00 405651 103.00 104.00 1.00 58 20 79 <5 <15 <10 64 0.21.00 405652 104.00 105.00 1.00 93 23 139 <5 <15 13 123 0.21.00 405653 105.00 106.00 1.00 149 38 143 16 21 <10 488 0.21.00 405654 106.00 107.00 1.00 154 38 107 17 21 <10 606 0.21.00 405655 107.00 108.00 1.00 124 30 146 <5 21 <10 110 0.21.00 405656 108.00 109.00 1.00 122 27 139 9 32 31 59 0.21.00 405657 109.00 110.00 1.00 128 31 150 28 20 25 110 0.21.00 405658 110.00 111.00 1.00 117 28 134 13 <15 33 106 0.21.00 405659 111.00 112.00 1.00 104 26 111 <5 <15 <10 39 0.21.00 405660 112.00 113.00 1.00 116 25 124 6 <15 <10 54 0.21.00 405661 113.00 114.00 1.00 56 16 124 <5 <15 <10 53 0.21.00 405663 114.00 115.00 1.00 152 29 98 7 <15 <10 298 0.21.00 405664 115.00 116.00 1.00 101 26 95 56 <15 <10 62 0.2

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

Celtic Minerals LtdSample

Metreage by Tags

BH-08-08_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-09 1

Drilling Company Collar Elevation Total Metreage Map Reference No.137m (Approx.) Collar: -45 300 degrees 101.0m m 2E/06

Date: Hole Started Completed Date Logged NAD Easting Northing 100m -47 Magnetic Declination Location5-Feb-08 3/15/2008 NAD 27 614332 5480076 m °

Exploration Co, Owner/Optionee Logged By NAD 83 m °Mark Graves m °

Grid 4+50E L14+00N m °Sample Metreage

Rock Type Ni Co Cr Au Pt Pd Cu AgFrom To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.00 2.50 Casing

2.50 101.00 Pyroxenite 0.40 405665 2.60 3.00 0.40 135 47 177 12 30 14 236 0.2EOH 1.00 405666 3.00 4.00 1.00 136 46 151 5 16 <10 150 0.2

1.00 405667 4.00 5.00 1.00 127 56 138 <5 20 14 187 0.21.00 405668 5.00 6.00 1.00 123 53 121 <5 <15 <10 214 0.21.00 405669 6.00 7.00 1.00 145 45 140 <5 <15 <10 248 0.21.00 405670 7.00 8.00 1.00 148 54 112 11 <15 <10 344 0.21.00 405671 8.00 9.00 1.00 147 52 122 <5 <15 <10 383 0.21.00 405672 9.00 10.00 1.00 136 61 97 5 <15 <10 404 0.21.00 405673 10.00 11.00 1.00 181 66 125 12 21 13 434 0.21.00 405674 11.00 12.00 1.00 176 54 142 <5 <15 11 198 0.21.00 405675 12.00 13.00 1.00 160 54 133 8 <15 <10 338 0.2

increased plagioclase to ~10% in pyroxenite at 37.0-44.0m 1.00 405676 13.00 14.00 1.00 153 47 146 7 21 <10 248 0.2unit is coarse grained equigranular at 53.0-101.0m 1.00 405677 14.00 15.00 1.00 139 45 168 <5 <15 <10 281 0.2

1.00 405678 15.00 16.00 1.00 158 50 139 <5 <15 <10 378 0.20.70 405679 16.00 16.70 0.70 142 54 138 8 <15 <10 359 0.20.91 405680 16.70 17.61 0.91 38 33 21 <5 <15 <10 49 0.20.39 405681 17.61 18.00 0.39 174 57 149 <5 <15 <10 308 0.21.00 405683 18.00 19.00 1.00 204 66 102 13 17 15 555 0.21.00 405684 19.00 20.00 1.00 220 69 163 18 20 17 572 0.21.00 405685 20.00 21.00 1.00 239 67 118 24 35 22 665 0.21.00 405686 21.00 22.00 1.00 248 66 132 28 <15 16 680 0.21.00 405687 22.00 23.00 1.00 242 64 176 25 <15 16 606 0.21.00 405688 23.00 24.00 1.00 186 53 153 25 26 17 475 0.21.00 405689 24.00 25.00 1.00 216 58 185 24 <15 21 469 0.21.00 405690 25.00 26.00 1.00 218 59 242 16 35 30 431 0.21.00 405691 26.00 27.00 1.00 157 49 129 17 20 16 319 0.21.00 405692 27.00 28.00 1.00 185 51 183 15 27 13 302 0.21.00 405693 28.00 29.00 1.00 199 55 184 26 44 33 414 0.21.00 405694 29.00 30.00 1.00 242 63 152 33 35 24 697 0.21.00 405695 30.00 31.00 1.00 219 67 130 48 59 61 603 0.21.00 405696 31.00 32.00 1.00 185 53 145 26 <15 19 568 0.21.00 405697 32.00 33.00 1.00 167 59 113 14 25 15 456 0.21.00 405698 33.00 34.00 1.00 169 51 121 14 24 19 418 0.21.00 405699 34.00 35.00 1.00 204 67 86 26 <15 14 548 0.21.00 405700 35.00 36.00 1.00 211 61 147 19 19 10 620 0.21.00 405701 36.00 37.00 1.00 241 61 148 97 33 15 656 0.21.00 405703 37.00 38.00 1.00 228 57 133 11 <15 <10 470 0.2

grey, medium - coarse grained equigranular; hypidiomorphic granular texture, weakly megacrystic, ~5% pyroxene megacrysts; lacks significant textural and mineralogic variation; very magneticwell developed jointing at 45o tcalacks tectonic, magmatic or flow fabric; no preferred crystal orientation

carbonate filled miarolitic cavities at 70.0m

mineralogic composition comprises 80% pyroxene, 2-3% interstitial plagioclase, 10% magnetite and 7-8% biotite and hornblende

Cabo Drilling (Atlantic) Corp.

4-Feb-08

Celtic Minerals Ltd

Mineral Licence 8279MBearing(NTS)Dip of hole atLocation of Hole in Relation to a Fixed Point

on the Claim

Celtic Minerals Ltd. / Alterra

Osmonton Arm - Glover's Harbour,

Budgell's HarbourSample

Metreage by Tags

Newfoundland

Actual Sample

Length (m)Sample Number

Property Name

MetreageAssays

Description

trace pyrrhotite as veins and disseminations at 7.5m, 14.0m, 16.5m, 18.2m, 49.5m (w/cpy) and 54.3m

hosts minor interstitial white, soft serpentine(?) like mineral as at 17.5-17.8m

mafic dykes at 16.9-17.4m, 55.4-55.8m, 82.8-83.7m, 84.9-85.7m, 93.5-94.5m (with a crystal breccia core at 93.8-94.1m) and 96.5-97.4m

BH-08-09_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-09 2

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 405704 38.00 39.00 1.00 241 58 131 13 <15 12 490 0.21.00 405705 39.00 40.00 1.00 260 59 149 17 <15 10 461 0.21.00 405706 40.00 41.00 1.00 245 64 149 19 <15 <10 454 0.21.00 405707 41.00 42.00 1.00 231 60 169 74 36 20 531 0.21.00 405708 42.00 43.00 1.00 248 62 163 89 45 28 580 0.21.00 405709 43.00 44.00 1.00 229 62 272 61 119 123 618 0.21.00 405710 44.00 45.00 1.00 262 75 146 52 58 103 786 0.21.00 405711 45.00 46.00 1.00 297 77 134 62 109 86 1131 0.21.00 405712 46.00 47.00 1.00 220 56 239 51 110 152 611 0.21.00 405713 47.00 48.00 1.00 190 54 202 33 49 38 344 0.21.00 405714 48.00 49.00 1.00 162 46 313 58 87 87 225 0.21.00 405715 49.00 50.00 1.00 236 57 251 78 118 163 750 0.21.00 405716 50.00 51.00 1.00 187 54 194 269 26 <10 481 0.21.00 405717 51.00 52.00 1.00 185 54 215 34 60 52 467 0.21.00 405718 52.00 53.00 1.00 204 61 278 35 115 114 525 0.21.00 405719 53.00 54.00 1.00 229 65 195 87 99 105 515 0.20.65 405720 54.00 54.65 0.65 214 54 250 35 74 65 517 0.20.64 405721 54.65 55.29 0.64 174 47 231 32 70 48 434 0.20.55 405723 55.29 55.84 0.55 71 34 72 13 53 25 124 0.20.71 405724 55.84 56.55 0.71 148 41 223 22 107 85 260 0.20.45 405725 56.55 57.00 0.45 178 50 320 25 108 122 209 0.21.00 405726 57.00 58.00 1.00 187 53 369 341 <15 10 245 0.21.00 405727 58.00 59.00 1.00 185 51 284 11 22 27 124 0.21.00 405728 59.00 60.00 1.00 188 50 238 39 146 89 331 0.21.00 405729 60.00 61.00 1.00 220 54 232 48 123 66 288 0.21.00 405730 61.00 62.00 1.00 219 55 251 29 110 64 172 0.21.00 405731 62.00 63.00 1.00 225 54 222 29 75 44 199 0.21.00 405732 63.00 64.00 1.00 227 55 203 56 57 20 225 0.21.00 405733 64.00 65.00 1.00 242 60 216 35 69 21 252 0.21.00 405734 65.00 66.00 1.00 225 55 223 23 80 72 301 0.21.00 405735 66.00 67.00 1.00 314 69 197 49 70 57 988 0.21.00 405736 67.00 68.00 1.00 221 53 247 33 142 131 276 0.21.00 405737 68.00 69.00 1.00 289 60 202 39 77 57 640 0.21.00 405738 69.00 70.00 1.00 281 60 271 87 88 75 584 0.21.00 405739 70.00 71.00 1.00 227 53 316 27 78 55 385 0.21.00 405740 71.00 72.00 1.00 178 45 312 22 54 36 216 0.21.00 405741 72.00 73.00 1.00 238 55 261 30 66 58 559 0.21.00 405743 73.00 74.00 1.00 205 49 309 24 70 39 466 0.21.00 405744 74.00 75.00 1.00 296 71 151 55 55 48 1163 0.21.00 405745 75.00 76.00 1.00 199 51 215 14 37 18 444 0.21.00 405746 76.00 77.00 1.00 223 54 203 63 104 259 562 0.21.00 405747 77.00 78.00 1.00 191 53 168 21 50 50 446 0.21.00 405748 78.00 79.00 1.00 264 64 164 24 45 72 584 0.21.00 405749 79.00 80.00 1.00 233 60 146 20 25 15 401 0.21.00 405750 80.00 81.00 1.00 223 62 155 19 27 19 509 0.21.00 405751 81.00 82.00 1.00 208 60 131 15 24 14 343 0.20.78 405752 82.00 82.78 0.78 229 66 161 17 21 16 414 0.20.96 405753 82.78 83.74 0.96 24 25 27 12 25 10 42 0.21.12 405754 83.74 84.86 1.12 190 48 166 15 41 24 266 0.20.80 405755 84.86 85.66 0.80 25 19 34 41 42 32 42 0.2

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

BH-08-09_ddh9/3/2008

Page 35: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-09 3

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.64 405756 85.66 86.30 0.64 198 48 170 14 38 16 317 0.20.70 405757 86.30 87.00 0.70 175 42 181 27 37 15 393 0.21.00 405758 87.00 88.00 1.00 190 45 184 17 34 19 378 0.21.00 405759 88.00 89.00 1.00 155 41 140 18 35 19 430 0.21.00 405760 89.00 90.00 1.00 142 43 190 12 30 11 335 0.21.00 405761 90.00 91.00 1.00 129 42 134 14 28 19 391 0.21.00 405763 91.00 92.00 1.00 141 40 161 13 23 19 428 0.21.00 405764 92.00 93.00 1.00 166 48 178 22 45 29 628 0.20.42 405765 93.00 93.42 0.42 132 39 174 14 37 17 314 0.21.08 405766 93.42 94.50 1.08 47 28 80 9 25 10 36 0.20.50 405767 94.50 95.00 0.50 165 44 163 18 32 22 406 0.21.00 405768 95.00 96.00 1.00 119 41 148 14 39 18 237 0.20.48 405769 96.00 96.48 0.48 142 43 155 8 29 12 327 0.20.97 405770 96.48 97.45 0.97 30 26 49 15 23 16 32 0.20.55 405771 97.45 98.00 0.55 160 44 160 17 32 23 312 0.21.00 405772 98.00 99.00 1.00 192 49 158 15 30 18 296 0.21.00 405773 99.00 100.00 1.00 163 48 154 11 40 17 197 0.21.07 405774 100.00 101.07 1.07 150 46 166 10 33 18 135 0.2

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

Celtic Minerals LtdSample

Metreage by Tags

BH-08-09_ddh9/3/2008

Page 36: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-10 1

Drilling Company Collar Elevation Total Metreage Map Reference No.118m (approx.) Collar: -90 101m 2E/06

Date: Hole Started Completed Date Logged NAD Easting Northing m Magnetic Declination LocationFeb. 8, 2008 3/16/2008 NAD 27 614424 5480500 m °

Exploration Co, Owner/Optionee Logged By NAD 83 m °Mark Graves m °

Grid 3+00E L18+00N m °Sample Metreage

Rock Type Ni Co Cr Au Pt Pd Cu AgFrom To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.00 0.70 Casing

0.70 101.00 Pyroxenite 0.40 405775 0.60 1.00 0.4 92 34 148 <5 <15 <10 50 0.2EOH 1.00 405776 1.00 2.00 1.00 123 49 133 <5 <15 <10 90 0.2

0.72 405777 2.00 2.72 0.72 104 49 140 6 <15 <10 71 0.20.28 405778 2.72 3.00 0.28 109 44 151 <5 <15 <10 58 0.20.69 405779 3.00 3.69 0.69 112 47 97 <5 <15 <10 83 0.20.69 405780 3.69 4.38 0.69 114 44 115 <5 <15 <10 75 0.20.62 405781 4.38 5.00 0.62 98 37 75 <5 <15 <10 66 0.21.00 405783 5.00 6.00 1.00 84 30 82 7 23 <10 51 0.21.00 405784 6.00 7.00 1.00 89 35 82 <5 <15 <10 51 0.21.00 405785 7.00 8.00 1.00 117 39 103 5 29 <10 75 0.21.00 405786 8.00 9.00 1.00 131 45 138 <5 <15 <10 65 0.21.07 405787 9.00 10.07 1.07 104 45 103 <5 <15 <10 62 0.20.93 405788 10.07 11.00 0.93 70 32 79 5 <15 <10 48 0.21.00 405789 11.00 12.00 1.00 67 31 76 <5 <15 <10 46 0.21.19 405790 12.00 13.19 1.19 84 35 90 <5 <15 <10 47 0.20.81 405791 13.19 14.00 0.81 163 63 149 <5 <15 <10 115 0.20.84 405792 14.00 14.84 0.84 114 45 112 <5 <15 <10 62 0.20.76 405793 14.84 15.60 0.76 79 37 93 <5 <15 <10 78 0.20.40 405794 15.60 16.00 0.4 109 43 114 <5 <15 <10 62 0.21.00 405795 16.00 17.00 1.00 113 44 114 <5 <15 <10 77 0.21.00 405796 17.00 18.00 1.00 127 45 127 <5 <15 <10 75 0.21.00 405797 18.00 19.00 1.00 126 42 137 <5 <15 <10 69 0.21.00 405798 19.00 20.00 1.00 114 40 113 <5 <15 <10 52 0.21.00 405799 20.00 21.00 1.00 108 44 106 <5 <15 <10 61 0.21.00 405800 21.00 22.00 1.00 100 42 105 <5 <15 <10 63 0.21.00 405801 22.00 23.00 1.00 100 42 111 <5 <15 <10 58 0.20.69 405803 23.00 23.69 0.69 107 39 97 <5 <15 <10 58 0.20.40 405804 23.69 24.09 0.4 37 22 42 <5 <15 <10 21 0.20.91 405805 24.09 25.00 0.91 103 39 102 <5 <15 <10 57 0.21.00 405806 25.00 26.00 1.00 95 38 113 <5 <15 <10 50 0.21.00 405807 26.00 27.00 1.00 120 43 106 <5 <15 <10 73 0.21.00 405808 27.00 28.00 1.00 102 41 113 <5 <15 <10 80 0.21.00 405809 28.00 29.00 1.00 104 43 104 <5 <15 <10 81 0.21.00 405810 29.00 30.00 1.00 122 49 107 <5 <15 <10 87 0.21.00 405811 30.00 31.00 1.00 119 46 83 <5 <15 <10 89 0.21.00 405812 31.00 32.00 1.00 117 46 88 <5 <15 <10 91 0.21.00 405813 32.00 33.00 1.00 117 47 92 <5 <15 <10 86 0.2

lacks tectonic, flow or magmatic fabric

mineralogic composition comprises 80% pyroxene, 10% magnetite, 2-3% plagioclase and 7-8% biotite and amphibolefine grained mafic dykes occur at 3.5-3.8m, 4.0-5.4m 6.0-7.8m 10.0-12.7m, 14.9-15.6m and 23.7-24.1mcompositional and textural contact at 37.0m that is 20o tca suggesting contacts within the intrusion are near vertical

trace, fine disseminated pyrrhotite at 47.1m, 50.5m, 55.5m, 56.5m, 57.0m, 66.5m, 67.1m and 67.9m

plagioclase content of unit increasing to 5-10% at 62.0-101.0m

magnetite rich (20-25%) at 34.5-34.7m and 36.0-37.0m

lacks mineralogic or textural variation

3-5% po with trace cpy in fine grained pyroxenite at 47.4-48.0m

Description

Dip of hole atLocation of Hole in Relation to a Fixed Point on the Claim

grey, coarse grained equigranular; hypidiomorphic granular texture; megacrystic, hosts 20% anhedral-euhedral pyroxene crystals that are 0.5-1.0cm in length

Cabo Drilling (Atlantic) Corp.

Feb. 8, 2008

Metreage

Celtic Minerals Ltd

Mineral licence 10592MBearing(NTS)

Celtic Minerals Ltd. / Alterra

Osmonton Arm - Glover's Harbour,

Budgell's HarbourSample

Metreage by Tags

Newfoundland

Actual Sample

Length (m)Sample Number

Property Name

Assays

BH-08-10_ddh9/3/2008

Page 37: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-10 2

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 405814 33.00 34.00 1.00 101 43 91 9 <15 <10 76 0.21.00 405815 34.00 35.00 1.00 99 47 76 <5 <15 <10 89 0.21.00 405816 35.00 36.00 1.00 116 45 110 <5 <15 <10 82 0.21.00 405817 36.00 37.00 1.00 149 66 117 <5 <15 <10 107 0.21.00 405818 37.00 38.00 1.00 70 39 54 <5 <15 <10 70 0.21.00 405819 38.00 39.00 1.00 128 46 92 <5 <15 <10 88 0.21.00 405820 39.00 40.00 1.00 118 45 100 <5 <15 <10 86 0.21.00 405821 40.00 41.00 1.00 154 57 103 <5 <15 <10 118 0.21.00 405823 41.00 42.00 1.00 142 51 117 <5 <15 <10 112 0.21.00 405824 42.00 43.00 1.00 150 55 112 33 <15 <10 141 0.21.00 405825 43.00 44.00 1.00 146 53 113 <5 <15 <10 137 0.21.00 405826 44.00 45.00 1.00 137 49 102 <5 <15 <10 126 0.21.00 405827 45.00 46.00 1.00 133 50 105 <5 <15 <10 104 0.20.90 405828 46.00 46.90 0.90 116 43 97 <5 <15 <10 89 0.21.10 405829 46.90 48.00 1.10 302 106 181 <5 <15 <10 354 0.21.00 405830 48.00 49.00 1.00 126 49 162 <5 <15 <10 66 0.21.00 405831 49.00 50.00 1.00 142 52 135 9 <15 <10 109 0.21.00 405832 50.00 51.00 1.00 123 44 125 <5 <15 <10 64 0.21.00 405833 51.00 52.00 1.00 127 42 128 <5 15 <10 64 0.21.00 405834 52.00 53.00 1.00 163 57 119 5 <15 18 136 0.21.00 405835 53.00 54.00 1.00 126 44 117 <5 24 <10 64 0.21.00 405836 54.00 55.00 1.00 142 50 120 <5 <15 <10 77 0.21.00 405837 55.00 56.00 1.00 164 60 116 5 <15 11 164 0.21.00 405838 56.00 57.00 1.00 214 69 136 <5 <15 <10 187 0.21.00 405839 57.00 58.00 1.00 130 52 93 <5 <15 <10 94 0.21.00 405840 58.00 59.00 1.00 126 49 95 <5 <15 <10 96 0.21.00 405841 59.00 60.00 1.00 123 50 87 <5 <15 <10 96 0.21.00 405843 60.00 61.00 1.00 117 47 90 <5 <15 <10 94 0.21.00 405844 61.00 62.00 1.00 128 54 87 <5 <15 11 108 0.21.00 405845 62.00 63.00 1.00 129 55 105 16 42 <10 121 0.21.00 405846 63.00 64.00 1.00 131 53 88 11 <15 <10 109 0.21.00 405847 64.00 65.00 1.00 115 49 120 10 30 <10 102 0.21.00 405848 65.00 66.00 1.00 119 52 107 6 26 <10 108 0.21.00 405849 66.00 67.00 1.00 115 50 110 <5 <15 <10 90 0.21.00 405850 67.00 68.00 1.00 122 51 94 <5 22 <10 101 0.21.00 405851 68.00 69.00 1.00 116 50 119 <5 <15 <10 99 0.21.00 405852 69.00 70.00 1.00 111 46 133 <5 21 <10 70 0.21.00 405853 70.00 71.00 1.00 118 43 131 5 34 <10 62 0.21.00 405854 71.00 72.00 1.00 138 45 133 <5 <15 <10 94 0.21.00 405855 72.00 73.00 1.00 135 48 155 20 <15 <10 87 0.21.00 405856 73.00 74.00 1.00 135 48 149 <5 23 <10 78 0.21.00 405857 74.00 75.00 1.00 118 48 106 8 <15 <10 100 0.21.00 405858 75.00 76.00 1.00 110 45 79 6 <15 <10 100 0.21.00 405859 76.00 77.00 1.00 139 50 144 <5 <15 <10 58 0.21.00 405860 77.00 78.00 1.00 146 47 140 <5 34 <10 67 0.21.00 405861 78.00 79.00 1.00 166 48 151 50 16 <10 86 0.21.00 405863 79.00 80.00 1.00 149 47 132 5 <15 <10 88 0.21.00 405864 80.00 81.00 1.00 151 50 145 <5 <15 <10 81 0.21.00 405865 81.00 82.00 1.00 143 46 145 <5 <15 <10 67 0.21.00 405866 82.00 83.00 1.00 154 48 148 15 46 <10 68 0.2

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

BH-08-10_ddh9/3/2008

Page 38: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-10 3

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 405867 83.00 84.00 1.00 151 49 129 <5 <15 <10 65 0.21.00 405868 84.00 85.00 1.00 144 46 142 <5 <15 <10 70 0.21.00 405869 85.00 86.00 1.00 137 46 122 <5 <15 <10 65 0.21.00 405870 86.00 87.00 1.00 143 46 142 <5 <15 <10 64 0.21.00 405871 87.00 88.00 1.00 135 45 116 44 <15 <10 57 0.21.00 405872 88.00 89.00 1.00 141 46 129 <5 <15 <10 69 0.21.00 405873 89.00 90.00 1.00 146 45 132 <5 <15 <10 57 0.21.00 405874 90.00 91.00 1.00 145 46 144 <5 <15 <10 62 0.21.00 405875 91.00 92.00 1.00 134 42 144 <5 <15 <10 54 0.21.00 405876 92.00 93.00 1.00 130 42 139 <5 <15 <10 52 0.21.00 405877 93.00 94.00 1.00 135 44 124 <5 <15 <10 82 0.21.00 405878 94.00 95.00 1.00 157 56 173 <5 <15 <10 90 0.21.00 405879 95.00 96.00 1.00 138 53 103 <5 <15 <10 111 0.21.00 405880 96.00 97.00 1.00 120 53 116 8 <15 <10 99 0.21.00 405881 97.00 98.00 1.00 119 50 128 <5 <15 <10 60 0.21.00 405883 98.00 99.00 1.00 139 48 132 6 <15 <10 55 0.21.00 405884 99.00 100.00 1.00 142 50 132 <5 <15 <10 62 0.21.00 405885 100.00 101.00 1.00 146 54 128 <5 <15 <10 75 0.2

END

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

Celtic Minerals LtdSample

Metreage by Tags

BH-08-10_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-11 Mineral licence 10667M 1

Drilling Company Collar Elevation Total Metreage Map Reference No.126m (approx.) Collar: -65 210 degrees 269.5m 2E/06

Date: Hole Started Completed Date Logged NAD Easting Northing m ° no tropari test at Magnetic Declination LocationFeb. 16, 2008 3/16/2008 NAD 27 613297E 5480340N m ° bottom of hole

Exploration Co, Owner/Optionee Logged By NAD 83 613342E 5480557N m °Mark Graves m °

Grid m °Sample Metreage

Rock Type Ni Co Cr Au Pt Pd Cu AgFrom To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.00 2.00 Casing

2.00 27.00 Pyroxenite 0.23 405886 1.77 2.00 0.23 103 45 121 13 <15 <10 78 0.21.00 405887 2.00 3.00 1.00 101 44 119 7 <15 <10 80 0.21.00 405888 3.00 4.00 1.00 96 40 108 19 27 <10 65 0.21.00 405889 4.00 5.00 1.00 104 40 102 13 16 <10 81 0.21.00 405890 5.00 6.00 1.00 114 44 108 12 <15 <10 93 0.21.00 405891 6.00 7.00 1.00 106 42 119 <5 56 <10 78 0.21.00 405892 7.00 8.00 1.00 100 40 115 13 <15 <10 70 0.21.00 405893 8.00 9.00 1.00 103 41 129 10 25 <10 73 0.21.00 405894 9.00 10.00 1.00 94 39 107 10 <15 <10 73 0.21.00 405895 10.00 11.00 1.00 87 40 134 12 17 <10 68 0.21.00 405896 11.00 12.00 1.00 99 46 155 5 <15 <10 77 0.21.00 405897 12.00 13.00 1.00 95 42 151 10 <15 <10 71 0.21.00 405898 13.00 14.00 1.00 103 44 147 8 <15 <10 76 0.21.00 405899 14.00 15.00 1.00 88 39 128 11 <15 <10 68 0.20.92 405900 15.00 15.92 0.92 88 41 129 20 21 <10 71 0.20.70 405901 15.92 16.62 0.70 70 34 110 11 <15 <10 54 0.20.38 405903 16.62 17.00 0.38 80 37 122 <5 <15 <10 58 0.21.00 405904 17.00 18.00 1.00 87 38 124 5 <15 <10 67 0.21.00 405905 18.00 19.00 1.00 72 35 103 15 <15 <10 75 0.20.61 405906 19.00 19.61 0.61 60 35 76 11 <15 <10 98 0.20.39 405907 19.61 20.00 0.39 83 39 114 6 <15 <10 91 0.21.00 405908 20.00 21.00 1.00 79 35 114 8 <15 <10 69 0.21.00 405909 21.00 22.00 1.00 82 36 113 <5 <15 <10 78 0.21.00 405910 22.00 23.00 1.00 75 33 119 <5 <15 <10 71 0.21.00 405911 23.00 24.00 1.00 89 38 141 <5 <15 <10 72 0.21.00 405912 24.00 25.00 1.00 93 40 131 <5 <15 <10 75 0.21.00 405913 25.00 26.00 1.00 88 37 117 <5 <15 <10 83 0.20.98 405914 26.00 26.98 0.98 91 37 114 <5 <15 <10 68 0.2

27.00 36.00 1.02 405915 26.98 28.00 1.02 55 33 61 <5 <15 <10 68 0.21.00 405916 28.00 29.00 1.00 78 39 109 <5 <15 <10 63 0.21.00 405917 29.00 30.00 1.00 46 27 58 13 <15 <10 58 0.21.00 405918 30.00 31.00 1.00 46 32 50 <5 <15 <10 67 0.21.00 405919 31.00 32.00 1.00 39 32 52 <5 18 <10 65 0.21.00 405920 32.00 33.00 1.00 39 33 37 <5 <15 <10 81 0.21.00 405921 33.00 34.00 1.00 38 32 31 <5 19 <10 77 0.21.00 405923 34.00 35.00 1.00 51 33 54 10 <15 <10 73 0.20.83 405924 35.00 35.83 0.83 71 37 80 9 <15 <10 70 0.2

Crystal Breccia Dyke

grey, texture varies from fine grained equigranular dyke material to a crystal breccia; each variant comprises about 50% of the dyke and is intermixed

crystal breccia dyke hosts ~50% angular pyroxene crystals in a fine grained matrix and hosts 3-5% hematitic inclusions

dyke is believed to be inherently part of intrusion and co-magmatic and not related to younger fine grained dykes

lacks minerologic or textural variation

fine grained dyke is featureless with 2-3% minute hematitic inclusions

lower contact is gradational over 10-20cm

trace-1% pyrrhotitehosts 1-2% red hematitic inclusions that are 1-2mm in length10cm of pyrrhotitic fault gouge at 16.0mlower contact is sharp and orthogonal tca with unit beneath

grey, very coarse grained equigranular, grain size is 0.5-1.0cm, in large part the unit looks like a megacrystic pyroxene aggregate; hypidiomorphic granular texture; unit is greater than 50% pyroxene megacrysts

mineralogic composition comprises 80% pyroxene, 10% magnetite, 2-5% interstitial plagioclase and 5-8% biotite and amphibole

Celtic Minerals Ltd.

Osmonton Arm - Glover's Harbour,

Budgell's HarbourSample

Metreage by Tags

Newfoundland

Actual Sample

Length (m)Sample Number

Property Name

MetreageAssays

Description

lacks tectonic, flow or magmatic fabric

Cabo Drilling (Atlantic) Corp.

Feb. 13, 2008

Celtic Minerals LtdBearing(NTS)Dip of hole atLocation of Hole in Relation to a Fixed Point

on the Claim

BH-08-11_ddh9/3/2008

Page 40: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-11 2

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

36.00 60.60 Pyroxenite 0.59 405925 35.83 36.42 0.59 68 40 47 15 57 14 102 0.20.58 405926 36.42 37.00 0.58 93 45 82 15 24 <10 120 0.21.00 405927 37.00 38.00 1.00 93 42 122 10 23 10 91 0.21.00 405928 38.00 39.00 1.00 91 44 121 43 33 <10 94 0.21.00 405929 39.00 40.00 1.00 98 44 117 <5 <15 <10 93 0.21.00 405930 40.00 41.00 1.00 109 47 123 <5 <15 <10 100 0.21.00 405931 41.00 42.00 1.00 117 48 126 <5 <15 <10 104 0.21.00 405932 42.00 43.00 1.00 109 47 125 <5 <15 <10 100 0.21.00 405933 43.00 44.00 1.00 107 46 125 14 <15 <10 95 0.21.00 405934 44.00 45.00 1.00 113 48 124 6 <15 <10 115 0.21.00 405935 45.00 46.00 1.00 112 47 116 <5 <15 <10 101 0.21.00 405936 46.00 47.00 1.00 98 44 93 13 <15 <10 115 0.21.00 405937 47.00 48.00 1.00 93 44 92 <5 <15 <10 116 0.21.00 405938 48.00 49.00 1.00 99 45 111 7 <15 <10 121 0.21.00 405939 49.00 50.00 1.00 105 46 102 <5 23 <10 125 0.21.00 405940 50.00 51.00 1.00 125 50 106 <5 <15 <10 148 0.21.00 405941 51.00 52.00 1.00 110 45 105 5 <15 <10 124 0.21.00 405943 52.00 53.00 1.00 121 52 111 <5 <15 139 151 0.21.00 405944 53.00 54.00 1.00 115 50 111 11 <15 <10 127 0.21.00 405945 54.00 55.00 1.00 113 51 125 9 <15 <10 126 0.21.00 405946 55.00 56.00 1.00 132 54 100 5 <15 <10 166 0.21.00 405947 56.00 57.00 1.00 111 44 80 7 <15 <10 118 0.20.94 405948 57.00 57.94 0.94 171 57 113 10 <15 <10 217 0.20.37 405949 57.94 58.31 0.37 185 61 109 9 <15 <10 239 0.20.48 405950 58.31 58.79 0.48 68 37 77 7 <15 <10 107 0.20.61 405951 58.79 59.40 0.61 196 63 113 8 <15 12 254 0.20.60 405952 59.40 60.00 0.60 216 61 103 6 <15 <10 246 0.20.69 405953 60.00 60.69 0.69 232 71 107 <5 <15 <10 280 0.2

60.60 128.00 Pyroxenite 0.66 405954 60.69 61.35 0.66 74 44 73 6 <15 13 130 0.20.65 405955 61.35 62.00 0.65 121 55 100 <5 <15 14 201 0.21.00 405956 62.00 63.00 1.00 141 55 116 <5 <15 <10 182 0.20.58 405957 63.00 63.58 0.58 163 58 141 <5 27 <10 199 0.20.42 405958 63.58 64.00 0.42 71 45 73 <5 <15 <10 146 0.21.00 405959 64.00 65.00 1.00 87 48 43 <5 <15 <10 185 0.20.97 405960 65.00 65.97 0.97 121 49 87 <5 25 <10 220 0.21.03 405961 65.97 67.00 1.03 161 58 72 7 36 <10 376 0.21.00 405963 67.00 68.00 1.00 225 70 128 8 <15 <10 563 0.2

-minor cpy at 100.0-108.0m 1.00 405964 68.00 69.00 1.00 238 75 113 <5 <15 12 493 0.21.00 405965 69.00 70.00 1.00 227 63 112 12 <15 11 700 0.21.00 405966 70.00 71.00 1.00 272 73 169 11 19 <10 861 0.21.00 405967 71.00 72.00 1.00 247 72 112 11 16 <10 713 0.20.60 405968 72.00 72.60 0.60 154 54 119 <5 <15 <10 283 0.20.57 405969 72.60 73.17 0.57 202 68 156 <5 <15 <10 422 0.20.33 405970 73.17 73.50 0.33 278 99 100 <5 21 <10 785 0.20.50 405971 73.50 74.00 0.50 145 64 44 <5 <15 <10 319 0.21.00 405972 74.00 75.00 1.00 119 52 86 <5 <15 <10 263 0.21.00 405973 75.00 76.00 1.00 40 33 39 <5 <15 <10 102 0.21.00 405974 76.00 77.00 1.00 37 30 37 <5 <15 <10 100 0.21.00 405975 77.00 78.00 1.00 57 41 44 <5 <15 <10 144 0.20.84 405976 78.00 78.84 0.84 181 61 142 6 <15 <10 467 0.2

grey, heterogenous admixture of fine grained equigranular pyroxenite and coarse grained pyroxenite magma, contacts between the two lithologies vary from sharp to gradational; hosts 70% coarse grained pyroxenite and 30% fine grained pyroxenite

-3-5% fine-coarse po at 92.0-104.4m; up to 10% po at 101.2-104.0m; hosts trace cpy mineralization; mineralization is mainly in coarse grained pyroxenite

Celtic Minerals LtdSample

Metreage by Tags

fine grained mafic dyke at 98.1-98.5m

same as at 2.0-27.0mfine grained mafic dykes at 38.2-38.3m and 58.3-58.7m

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

-coarse (1-2cm) blotchy po/cpy mineralization at 73.7-73.6m

-1-2% fine disseminated po at 107.0-115.0m-2-3% fine disseminated po at 116.0-122.5m-po mineralization occurs as blebs, disseminations and minor veinlets

-miarolitic cavities at 74.0-75.0m-2-3% fine-coarse po at 78.0-86.0m

BH-08-11_ddh9/3/2008

Page 41: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

DIAMOND DRILL LOG Hole Number Page No.BH-08-11 3

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.16 405977 78.84 80.00 1.16 366 96 87 8 21 13 727 0.21.00 405978 80.00 81.00 1.00 156 56 76 <5 37 <10 301 0.21.00 405979 81.00 82.00 1.00 210 56 145 <5 <15 <10 411 0.21.00 405980 82.00 83.00 1.00 130 60 77 <5 <15 <10 207 0.21.00 405981 83.00 84.00 1.00 256 76 117 17 <15 11 490 0.21.00 405983 84.00 85.00 1.00 139 52 54 <5 <15 <10 231 0.21.00 405984 85.00 86.00 1.00 294 84 78 15 18 17 716 0.21.00 405985 86.00 87.00 1.00 135 60 103 9 <15 11 298 0.21.00 405986 87.00 88.00 1.00 175 71 88 11 <15 <10 425 0.21.00 405987 88.00 89.00 1.00 80 48 44 <5 <15 <10 173 0.21.00 405988 89.00 90.00 1.00 105 57 62 <5 <15 <10 183 0.21.00 405989 90.00 91.00 1.00 90 54 35 7 <15 <10 191 0.21.00 405990 91.00 92.00 1.00 88 61 33 <5 <15 <10 199 0.21.00 405991 92.00 93.00 1.00 86 62 32 7 <15 <10 209 0.21.00 405992 93.00 94.00 1.00 264 66 112 16 26 19 717 0.21.00 405993 94.00 95.00 1.00 309 70 128 18 31 26 798 0.21.00 405994 95.00 96.00 1.00 423 98 86 19 37 25 1058 0.21.00 405995 96.00 97.00 1.00 279 82 48 9 18 14 524 0.21.16 405996 97.00 98.16 1.16 305 92 86 13 21 20 702 0.20.46 405997 98.16 98.62 0.46 130 44 42 7 17 <10 368 0.20.96 405998 98.62 99.58 0.96 348 82 117 8 20 18 683 0.20.84 405999 99.58 100.42 0.84 50 47 34 <5 <15 <10 220 0.20.58 406000 100.42 101.00 0.58 414 101 40 24 37 30 1467 0.21.00 406501 101.00 102.00 1.00 575 116 148 12 <15 26 1194 0.21.00 406503 102.00 103.00 1.00 664 127 157 13 23 19 1399 0.21.00 406504 103.00 104.00 1.00 719 133 173 11 <15 12 1697 0.21.00 406505 104.00 105.00 1.00 362 99 105 8 <15 13 733 0.21.00 406506 105.00 106.00 1.00 121 73 43 6 <15 <10 330 0.21.00 406507 106.00 107.00 1.00 213 76 79 7 <15 <10 523 0.21.00 406508 107.00 108.00 1.00 289 74 116 11 <15 <10 831 0.21.00 406509 108.00 109.00 1.00 86 55 57 <5 <15 <10 176 0.21.00 406510 109.00 110.00 1.00 131 72 34 5 <15 <10 333 0.21.00 406511 110.00 111.00 1.00 212 68 109 10 <15 11 557 0.21.00 406512 111.00 112.00 1.00 73 48 35 6 <15 <10 170 0.21.00 406513 112.00 113.00 1.00 97 51 73 7 <15 <10 281 0.21.00 406514 113.00 114.00 1.00 58 44 32 5 <15 <10 171 0.21.00 406515 114.00 115.00 1.00 94 56 47 8 <15 <10 265 0.21.00 406516 115.00 116.00 1.00 200 50 210 16 <15 13 587 0.21.00 406517 116.00 117.00 1.00 203 51 215 17 <15 15 627 0.21.00 406518 117.00 118.00 1.00 178 46 193 16 <15 <10 542 0.21.00 406519 118.00 119.00 1.00 258 62 158 15 <15 12 824 0.21.00 406520 119.00 120.00 1.00 431 91 123 20 30 21 1002 0.21.00 406603 120.00 121.00 1.00 195 49 149 30 82 26 460 0.21.00 406521 121.00 122.00 1.00 159 47 180 9 <15 13 418 0.21.00 406523 122.00 123.00 1.00 115 54 91 <5 <15 <10 298 0.21.00 406524 123.00 124.00 1.00 94 45 90 <5 <15 <10 279 0.21.00 406525 124.00 125.00 1.00 96 51 80 9 <15 <10 258 0.21.00 406526 125.00 126.00 1.00 47 42 35 9 19 <10 148 0.21.00 406527 126.00 127.00 1.00 77 53 44 9 16 <10 195 0.21.00 406528 127.00 128.00 1.00 78 53 38 10 <15 <10 209 0.2

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

Assays

Note out of sequence sample number

BH-08-11_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-11 4

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

128.00 269.50 Pyroxenite 1.00 406529 128.00 129.00 1.00 112 60 73 21 20 <10 331 0.2EOH 1.00 406530 129.00 130.00 1.00 234 56 152 26 32 15 757 0.2

1.00 406531 130.00 131.00 1.00 230 56 225 29 33 16 816 0.21.00 406532 131.00 132.00 1.00 156 44 178 24 37 12 527 0.21.00 406533 132.00 133.00 1.00 168 52 129 35 31 19 943 0.21.00 406534 133.00 134.00 1.00 210 52 229 21 16 15 713 0.21.00 406535 134.00 135.00 1.00 280 63 199 27 16 16 985 0.21.00 406536 135.00 136.00 1.00 310 67 207 23 26 23 970 0.21.00 406537 136.00 137.00 1.00 237 58 196 25 30 16 772 0.21.00 406538 137.00 138.00 1.00 105 53 59 13 <15 <10 296 0.21.00 406539 138.00 139.00 1.00 123 54 98 19 34 18 392 0.21.00 406540 139.00 140.00 1.00 239 53 135 31 38 25 898 0.21.00 406541 140.00 141.00 1.00 232 54 147 27 33 24 744 0.21.00 406543 141.00 142.00 1.00 208 47 174 23 <15 15 721 0.21.00 406544 142.00 143.00 1.00 179 45 169 20 <15 14 597 0.21.00 406545 143.00 144.00 1.00 204 51 150 35 30 24 878 0.21.00 406546 144.00 145.00 1.00 219 50 116 30 <15 19 860 0.21.00 406547 145.00 146.00 1.00 180 45 131 26 19 16 771 0.21.00 406548 146.00 147.00 1.00 124 48 87 19 <15 12 555 0.21.00 406549 147.00 148.00 1.00 260 65 94 22 32 32 953 0.21.00 406550 148.00 149.00 1.00 209 49 149 21 40 29 791 0.21.00 406551 149.00 150.00 1.00 191 50 143 20 <15 17 742 0.21.00 406552 150.00 151.00 1.00 213 60 167 6 <15 22 735 0.21.00 406553 151.00 152.00 1.00 151 42 144 5 <15 16 519 0.21.00 406554 152.00 153.00 1.00 115 41 113 <5 18 <10 304 0.21.00 406555 153.00 154.00 1.00 121 43 112 8 <15 <10 275 0.21.00 406556 154.00 155.00 1.00 136 52 93 10 <15 13 361 0.21.00 406557 155.00 156.00 1.00 118 55 83 7 26 <10 228 0.21.00 406558 156.00 157.00 1.00 117 46 133 <5 18 <10 199 0.21.00 406559 157.00 158.00 1.00 136 45 127 8 <15 12 313 0.21.00 406560 158.00 159.00 1.00 170 45 113 23 25 21 694 0.20.35 406561 159.00 159.35 0.35 145 48 167 11 <15 <10 422 0.20.80 406563 159.35 160.15 0.80 56 36 51 9 <15 10 91 0.20.85 406564 160.15 161.00 0.85 203 52 167 27 30 29 807 0.21.00 406565 161.00 162.00 1.00 198 47 151 20 <15 21 736 0.21.00 406566 162.00 163.00 1.00 135 41 169 12 <15 <10 307 0.21.00 406567 163.00 164.00 1.00 160 46 177 7 <15 10 266 0.21.00 406568 164.00 165.00 1.00 193 52 135 13 20 17 480 0.21.00 406569 165.00 166.00 1.00 141 43 146 11 <15 11 282 0.21.00 406570 166.00 167.00 1.00 149 42 147 6 <15 12 355 0.21.00 406571 167.00 168.00 1.00 147 43 134 6 <15 10 213 0.21.00 406572 168.00 169.00 1.00 157 48 157 <5 <15 <10 307 0.21.00 406573 169.00 170.00 1.00 179 48 162 10 <15 13 444 0.21.00 406574 170.00 171.00 1.00 166 43 164 11 <15 12 411 0.21.00 406575 171.00 172.00 1.00 203 47 163 15 <15 14 612 0.21.00 406576 172.00 173.00 1.00 193 49 187 6 <15 12 290 0.21.00 406577 173.00 174.00 1.00 201 51 175 8 22 11 333 0.21.00 406578 174.00 175.00 1.00 179 46 183 6 <15 13 308 0.21.00 406579 175.00 176.00 1.00 182 47 171 11 <15 15 469 0.20.60 406580 176.00 176.60 0.60 143 43 143 10 <15 13 325 0.2

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Assays

-1-2% pyrrhotite at 148.0-153.0m-1-2% disseminated pyrrhotite at 164.5-173.0m-trace pyrrhotite at 173.0-269.5m with 3-5% po at 255.3-257.0m

lacks tectonic, flow or magmatic texturelacks mineralogic and textural variation

grey, coarse grained equigranular, hosts 10-20% anhedral-euhedral pyroxenecrystals; hypidiomorphic granular texture; very magnetic

mineralogic composition comprises 80% pyroxene, 10% magnetite, 2% plagioclase and 3-4% biotite and amphibole

Actual Sample

Length (m)

fine grained mafic dykes at 159.4-160.1m, 176.6-177.1m, 188.7-189.1m, 190.9-191.6m, 227.1-228.0m, 237.7-238.0m, 241.0-243.3m, 254.2-255.3m (hosting a 3cm thick calcite crystal) and 268.2-268.5mhosts amphibole-plagioclase horizons at 235.7-236.0m, 240.0-240.4m and 243.2-244.7m

-hosts 3-4% fine to coarse (0.5-2.0mm) disseminated pyrrhotite evenly distributed through host at 128.0-142.0m

soft white-green serpentine-like minerals frequently filling voids that are 1-2mm in diameter and 2-3% modally

blebby pyrrhotite at 264.3; 1-2% disseminated po at 267.0-268.0mred hematitic inclusions at 266.0-269.5mfelsic fragments (xenoliths) at 268.9m

compositional layering at 40o tca at 230.3m suggesting vertical(?) lithologic contacts

BH-08-11_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-11 5

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.55 406581 176.60 177.15 0.55 61 32 44 <5 <15 <10 126 0.20.85 406583 177.15 178.00 0.85 155 44 113 11 <15 13 400 0.21.00 406584 178.00 179.00 1.00 132 37 153 8 <15 <10 289 0.21.00 406585 179.00 180.00 1.00 134 40 176 6 <15 <10 235 0.21.00 406586 180.00 181.00 1.00 155 46 178 7 <15 11 255 0.21.00 406587 181.00 182.00 1.00 143 43 171 <5 <15 10 199 0.21.00 406588 182.00 183.00 1.00 146 41 144 12 <15 <10 268 0.21.00 406589 183.00 184.00 1.00 156 48 163 12 <15 14 269 0.21.00 406590 184.00 185.00 1.00 138 43 165 <5 <15 <10 160 0.21.00 406591 185.00 186.00 1.00 167 47 185 14 <15 13 393 0.21.00 406592 186.00 187.00 1.00 163 46 143 16 <15 13 504 0.21.00 406593 187.00 188.00 1.00 121 48 120 <5 <15 <10 162 0.20.66 406594 188.00 188.66 0.66 130 49 131 <5 <15 <10 172 0.20.47 406595 188.66 189.13 0.47 43 28 41 <5 <15 <10 65 0.20.87 406596 189.13 190.00 0.87 135 47 136 <5 <15 <10 157 0.20.90 406597 190.00 190.90 0.90 140 49 141 <5 <15 <10 173 0.20.79 406598 190.90 191.69 0.79 26 29 17 <5 <15 <10 32 0.20.31 406599 191.69 192.00 0.31 130 44 168 <5 <15 <10 117 0.21.00 406600 192.00 193.00 1.00 133 43 154 <5 <15 <10 146 0.21.00 406601 193.00 194.00 1.00 135 44 121 <5 <15 <10 134 0.21.00 406604 194.00 195.00 1.00 162 51 136 21 77 22 173 0.21.00 406605 195.00 196.00 1.00 227 61 151 163 55 20 241 0.21.00 406606 196.00 197.00 1.00 184 55 147 9 22 <10 152 0.21.00 406607 197.00 198.00 1.00 188 55 155 7 18 <10 157 0.21.00 406608 198.00 199.00 1.00 170 54 156 <5 15 <10 144 0.21.00 406609 199.00 200.00 1.00 135 55 97 <5 <15 <10 154 0.21.00 406610 200.00 201.00 1.00 125 48 138 <5 <15 <10 102 0.21.00 406611 201.00 202.00 1.00 120 43 145 9 15 <10 64 0.21.00 406612 202.00 203.00 1.00 106 40 129 <5 <15 <10 77 0.21.00 406613 203.00 204.00 1.00 120 44 140 <5 <15 <10 83 0.21.00 406614 204.00 205.00 1.00 138 47 164 9 15 <10 67 0.21.00 406615 205.00 206.00 1.00 129 45 168 <5 17 <10 66 0.21.00 406616 206.00 207.00 1.00 143 46 169 <5 <15 <10 72 0.21.00 406617 207.00 208.00 1.00 135 47 152 <5 <15 <10 93 0.21.00 406618 208.00 209.00 1.00 135 43 168 7 <15 <10 97 0.21.00 406619 209.00 210.00 1.00 139 48 143 <5 <15 16 107 0.21.00 406620 210.00 211.00 1.00 151 48 186 <5 <15 <10 90 0.21.00 406621 211.00 212.00 1.00 137 45 144 <5 <15 <10 88 0.21.00 406623 212.00 213.00 1.00 148 44 175 7 <15 20 90 0.21.00 406624 213.00 214.00 1.00 118 40 123 <5 <15 <10 83 0.21.00 406625 214.00 215.00 1.00 146 45 166 8 23 <10 88 0.21.00 406626 215.00 216.00 1.00 156 47 134 <5 <15 <10 108 0.21.00 406627 216.00 217.00 1.00 144 44 148 8 <15 <10 99 0.21.00 406628 217.00 218.00 1.00 138 43 125 <5 <15 <10 94 0.21.00 406629 218.00 219.00 1.00 124 42 128 <5 <15 <10 90 0.21.00 406630 219.00 220.00 1.00 139 47 141 <5 <15 35 85 0.21.00 406631 220.00 221.00 1.00 127 43 138 11 <15 <10 73 0.21.00 406632 221.00 222.00 1.00 137 44 132 <5 <15 <10 79 0.21.00 406633 222.00 223.00 1.00 145 47 133 <5 <15 <10 88 0.21.00 406634 223.00 224.00 1.00 150 49 152 <5 <15 <10 78 0.2

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

Assays

BH-08-11_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-11 6

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

1.00 406635 224.00 225.00 1.00 120 44 130 <5 <15 <10 74 0.21.00 406636 225.00 226.00 1.00 144 49 147 <5 <15 <10 73 0.21.10 406637 226.00 227.10 1.10 131 46 134 11 <15 <10 74 0.20.79 406638 227.10 227.89 0.79 33 31 15 <5 <15 <10 40 0.21.11 406639 227.89 229.00 1.11 132 48 170 <5 <15 <10 66 0.21.00 406640 229.00 230.00 1.00 145 48 155 <5 <15 <10 80 0.21.00 406641 230.00 231.00 1.00 121 43 138 26 <15 <10 70 0.21.00 406643 231.00 232.00 1.00 85 42 87 5 <15 12 86 0.21.00 406644 232.00 233.00 1.00 124 53 117 10 23 <10 119 0.21.00 406645 233.00 234.00 1.00 79 45 63 <5 <15 <10 118 0.21.00 406646 234.00 235.00 1.00 66 45 64 7 <15 <10 109 0.21.00 406647 235.00 236.00 1.00 57 46 49 8 <15 <10 104 0.21.00 406648 236.00 237.00 1.00 85 48 89 6 <15 11 99 0.20.58 406649 237.00 237.58 0.58 131 55 145 6 <15 11 103 0.20.52 406650 237.58 238.10 0.52 47 36 21 <5 <15 <10 62 0.20.90 406651 238.10 239.00 0.90 129 50 122 8 <15 19 99 0.21.00 406652 239.00 240.00 1.00 81 41 99 13 <15 <10 77 0.21.09 406653 240.00 241.09 1.09 75 43 70 6 <15 <10 90 0.20.79 406654 241.09 241.88 0.79 46 33 34 <5 <15 <10 52 0.20.60 406655 241.88 242.48 0.60 61 47 37 24 <15 <10 102 0.20.12 406656 242.48 242.60 0.12 30 31 15 6 <15 <10 52 0.20.40 406657 242.60 243.00 0.40 34 40 35 5 <15 <10 56 0.21.00 406658 243.00 244.00 1.00 29 36 33 15 <15 <10 51 0.21.00 406659 244.00 245.00 1.00 56 40 50 5 <15 10 88 0.21.00 406660 245.00 246.00 1.00 119 46 123 28 <15 44 102 0.21.00 406661 246.00 247.00 1.00 140 51 162 75 <15 <10 98 0.21.00 406663 247.00 248.00 1.00 152 55 141 30 36 14 138 0.21.00 406664 248.00 249.00 1.00 146 61 101 <5 <15 <10 175 0.21.00 406665 249.00 250.00 1.00 137 61 122 <5 <15 <10 177 0.21.00 406666 250.00 251.00 1.00 130 60 95 <5 <15 <10 152 0.21.00 406667 251.00 252.00 1.00 147 55 136 <5 <15 <10 148 0.21.00 406668 252.00 253.00 1.00 131 49 154 <5 <15 <10 113 0.20.60 406669 253.00 253.60 0.60 140 52 162 16 <15 <10 126 0.20.65 406670 253.60 254.25 0.65 119 48 135 <5 <15 <10 112 0.20.93 406671 254.25 255.18 0.93 49 31 37 <5 <15 <10 52 0.20.82 406672 255.18 256.00 0.82 194 70 102 6 27 17 277 0.21.00 406673 256.00 257.00 1.00 183 64 185 44 17 16 309 0.21.00 406674 257.00 258.00 1.00 137 49 147 16 <15 <10 171 0.21.00 406675 258.00 259.00 1.00 159 53 160 8 <15 <10 171 0.21.00 406676 259.00 260.00 1.00 176 54 164 32 <15 <10 148 0.21.00 406677 260.00 261.00 1.00 170 53 144 6 <15 <10 144 0.21.00 406678 261.00 262.00 1.00 174 56 150 8 <15 <10 133 0.21.00 406679 262.00 263.00 1.00 194 60 142 <5 <15 <10 179 0.21.18 406680 263.00 264.18 1.18 184 61 124 16 22 19 172 0.20.30 406681 264.18 264.48 0.30 532 126 134 34 47 54 999 0.20.52 406683 264.48 265.00 0.52 205 56 155 30 36 25 513 0.21.00 406684 265.00 266.00 1.00 171 50 143 13 27 16 277 0.21.00 406685 266.00 267.00 1.00 145 50 161 5 18 <10 140 0.21.00 406686 267.00 268.00 1.00 148 56 129 6 <15 10 209 0.21.00 406687 268.00 269.00 1.00 127 50 128 <5 <15 <10 158 0.2

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

Assays

BH-08-11_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-11 7

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.53 406688 269.00 269.53 0.53 140 51 143 <5 <15 <10 135 0.2END

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

Assays

BH-08-11_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-12 1

Drilling Company Collar Elevation Total Metreage Map Reference No.126m (approx.) Collar: -45 210 degrees 101m 2E/06

Date: Hole Started Completed Date Logged NAD Easting Northing m ° no tropari test at Magnetic Declination Location18-Feb-08 3/17/2008 NAD 27 613238E 5480300N m ° bottom of hole

Exploration Co, Owner/Optionee Logged By NAD 83 m °Mark Graves m °

Grid m °Sample Metreage

Rock Type Ni Co Cr Au Pt Pd Cu AgFrom To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.00 1.20 Casing

1.20 101.00 Pyroxenite 0.80 406689 2.20 3.00 0.80 297 59 163 16 20 21 954 0.2EOH 1.00 406690 3.00 4.00 1.00 292 62 167 22 23 20 965 0.2

1.00 406691 4.00 5.00 1.00 625 104 158 21 <15 37 1878 0.21.00 406692 5.00 6.00 1.00 746 114 160 21 40 34 2113 0.21.00 406693 6.00 7.00 1.00 571 90 160 21 19 28 1669 0.21.00 406694 7.00 8.00 1.00 341 71 178 18 <15 20 977 0.21.00 406695 8.00 9.00 1.00 378 77 175 18 <15 20 997 0.21.00 406696 9.00 10.00 1.00 504 91 164 18 30 28 1432 0.21.00 406697 10.00 11.00 1.00 354 68 203 20 <15 22 1134 0.21.00 406698 11.00 12.00 1.00 245 55 167 17 <15 15 803 0.21.00 406699 12.00 13.00 1.00 343 68 158 17 24 18 1060 0.21.00 406700 13.00 14.00 1.00 323 71 194 14 21 14 886 0.21.00 406701 14.00 15.00 1.00 319 67 170 19 28 18 1006 0.21.00 406703 15.00 16.00 1.00 600 100 196 27 36 43 2004 0.21.00 406704 16.00 17.00 1.00 359 69 194 21 27 25 1225 0.20.82 406705 17.00 17.82 0.82 205 49 201 20 <15 12 765 0.20.50 406706 17.82 18.32 0.50 306 59 169 19 <15 19 1140 0.20.68 406707 18.32 19.00 0.68 366 69 254 24 32 34 1155 0.21.00 406708 19.00 20.00 1.00 307 61 175 23 28 23 1006 0.20.44 406709 20.00 20.44 0.44 301 60 255 17 17 16 850 0.20.51 406710 20.44 20.95 0.51 32 27 30 <5 <15 <10 44 0.21.05 406711 20.95 22.00 1.05 308 58 237 47 19 19 875 0.21.00 406712 22.00 23.00 1.00 288 56 189 30 27 17 880 0.21.00 406713 23.00 24.00 1.00 268 55 184 25 22 14 881 0.21.00 406714 24.00 25.00 1.00 193 45 182 14 <15 <10 535 0.21.00 406715 25.00 26.00 1.00 232 50 220 22 15 18 760 0.21.00 406716 26.00 27.00 1.00 240 53 215 20 <15 15 644 0.21.00 406717 27.00 28.00 1.00 242 57 201 19 <15 11 545 0.20.60 406718 28.00 28.60 0.60 373 69 244 32 31 35 1232 0.20.69 406719 28.60 29.29 0.69 316 67 261 28 27 24 941 0.20.37 406720 29.29 29.66 0.37 75 38 91 5 <15 <10 165 0.20.34 406721 29.66 30.00 0.34 250 60 321 21 31 16 658 0.21.00 406723 30.00 31.00 1.00 266 57 340 21 35 16 700 0.21.00 406724 31.00 32.00 1.00 327 61 259 27 28 18 1007 0.20.78 406725 32.00 32.78 0.78 348 63 246 36 27 26 1342 0.20.94 406726 32.78 33.72 0.94 260 54 279 22 17 14 726 0.21.02 406727 33.72 34.74 1.02 40 21 52 <5 <15 <10 60 0.2

red, jasperoidal inclusions at 83.3m and 85.7m

coarse grained equigranular pyroxenite at 83.0-101.0m

coarse plagioclase over 20cm at 87.9m

miarolitic locally-po veinlets and disseminations over 20cm at 86.4m-trace disseminated po at 85.8m and 88.2m

Budgell's HarbourSample

Metreage by Tags

Newfoundland

Actual Sample

Length (m)Sample Number

Property Name

Assays

Celtic Minerals Ltd

Mineral licence10667MBearing(NTS)

Celtic Minerals Ltd.

Osmonton Arm - Glover's Harbour,

Description

Dip of hole atLocation of Hole in Relation to a Fixed Point on the Claim

grey, coarse grained equigranular, hypidiomorphic granular texture; megacrystic - hosts 20% anhedral-euhedral pyroxene crystals that are 0.5-1.0cm in length

Cabo Drilling (Atlantic) Corp.

Feb. 17, 2008

Metreage

lacks tectonic, flow or magmatic layering

mineralogic composition comprises 75-80% pyroxene, 10% magnetite, 2-5% plagioclase and 5-10% amphibole and biotite

-5-10% fine (0.5-2.0mm) interstitial pyrrhotite at 1.5-35.0m hosting trace-3% cpy

-fine-medium grained pyroxenite occurs at 67.9-82.6m; hosts 2-3% blebby po and cpy at 67.9-72.0m-trace po and cpy at 72.0-82,6m with blotchy po +/- cpy at 74.1m, 74.4m, 81.5m and 81.8-82.1mfine grained mafic dykes at 29.2-29.6m, 33.5-34.7m, 39.2-39.3m, 49.0-49.3m,53.3-53.4m, 66.4-67.9m, 71.2-72.4m, 79.2-79.6m, 82.6-83.0m and 98.0-98.3m

difficult to determine jointing orientation, definitely one set at 45-60o tca

-trace-3% po occurs sporadically at 35.0-67.0m

-coarse po-cpy blebs at 32.5m-thin cpy veinlet at 17.4m

lacks mineralogic and textural variation

BH-08-12_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-12 2

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.66 406728 34.74 35.40 0.66 199 48 217 12 <15 <10 403 0.20.60 406729 35.40 36.00 0.60 215 48 224 15 <15 12 513 0.21.00 406730 36.00 37.00 1.00 266 55 186 38 22 18 762 0.21.00 406731 37.00 38.00 1.00 342 65 201 28 25 25 969 0.21.00 406732 38.00 39.00 1.00 294 59 166 24 <15 22 886 0.21.00 406733 39.00 40.00 1.00 233 57 167 21 24 18 689 0.21.00 406734 40.00 41.00 1.00 219 55 164 18 28 <10 570 0.21.00 406735 41.00 42.00 1.00 172 54 192 10 19 <10 306 0.21.00 406736 42.00 43.00 1.00 166 51 170 6 25 <10 290 0.21.00 406737 43.00 44.00 1.00 202 57 187 19 23 <10 438 0.21.00 406738 44.00 45.00 1.00 187 54 173 18 22 <10 439 0.21.00 406739 45.00 46.00 1.00 216 57 161 23 31 12 577 0.21.00 406740 46.00 47.00 1.00 186 56 172 6 21 <10 341 0.21.00 406741 47.00 48.00 1.00 199 57 182 13 17 <10 359 0.21.07 406743 48.00 49.07 1.07 192 58 174 9 30 <10 257 0.20.31 406744 49.07 49.38 0.31 47 35 43 <5 32 <10 77 0.20.62 406745 49.38 50.00 0.62 244 60 187 14 34 11 519 0.21.00 406746 50.00 51.00 1.00 221 59 201 12 37 <10 482 0.21.00 406747 51.00 52.00 1.00 185 51 164 8 47 14 324 0.21.00 406748 52.00 53.00 1.00 180 57 157 8 31 13 401 0.21.00 406749 53.00 54.00 1.00 186 57 175 8 35 <10 296 0.21.00 406750 54.00 55.00 1.00 219 56 188 16 24 <10 435 0.21.00 406751 55.00 56.00 1.00 216 52 205 27 35 21 759 0.21.00 406752 56.00 57.00 1.00 238 63 220 9 18 <10 347 0.21.00 406753 57.00 58.00 1.00 202 52 167 61 42 <10 361 0.21.00 406754 58.00 59.00 1.00 173 51 161 5 27 <10 303 0.21.00 406755 59.00 60.00 1.00 151 52 129 7 36 13 230 0.21.00 406756 60.00 61.00 1.00 181 55 183 <5 44 <10 173 0.21.00 406757 61.00 62.00 1.00 171 54 157 7 61 11 249 0.21.00 406758 62.00 63.00 1.00 148 53 187 <5 37 <10 133 0.21.00 406759 63.00 64.00 1.00 167 56 174 <5 44 <10 174 0.21.00 406760 64.00 65.00 1.00 174 53 174 <5 62 <10 200 0.20.65 406761 65.00 65.65 0.65 173 49 176 <5 77 <10 244 0.20.63 406763 65.65 66.28 0.63 230 61 212 20 46 18 590 0.21.45 406764 66.28 67.73 1.45 134 47 110 6 32 <10 284 0.20.57 406765 67.73 68.30 0.57 343 66 163 26 69 28 1242 0.20.70 406766 68.30 69.00 0.70 505 90 145 28 60 29 1851 0.21.00 406767 69.00 70.00 1.00 278 64 129 18 62 20 951 0.20.73 406768 70.00 70.73 0.73 321 76 64 33 72 33 1379 0.20.67 406769 70.73 71.40 0.67 151 54 36 9 55 13 456 0.20.80 406770 71.40 72.20 0.80 315 89 30 15 41 22 1194 0.20.80 406771 72.20 73.00 0.80 66 41 31 <5 26 <10 250 0.21.00 406772 73.00 74.00 1.00 39 21 27 <5 21 <10 168 0.21.00 406773 74.00 75.00 1.00 131 35 54 24 45 19 684 0.21.00 406774 75.00 76.00 1.00 80 34 60 11 19 <10 308 0.21.00 406775 76.00 77.00 1.00 41 29 70 <5 31 20 60 0.21.00 406776 77.00 78.00 1.00 36 27 48 <5 27 <10 60 0.20.50 406777 78.00 78.50 0.50 43 33 49 15 22 21 112 0.20.75 406778 78.50 79.25 0.75 52 56 27 <5 28 <10 117 0.20.42 406779 79.25 79.67 0.42 48 37 39 <5 17 <10 72 0.2

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

AssaysMetreage Description Sample

Number

BH-08-12_ddh9/3/2008

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DIAMOND DRILL LOG Hole Number Page No.BH-08-12 3

Sample MetreageRock Type Ni Co Cr Au Pt Pd Cu Ag

From To From To ppm ppm ppm ppb ppb ppb ppm g/t

0.73 406780 79.67 80.40 0.73 77 57 61 <5 <15 <10 123 0.20.60 406781 80.40 81.00 0.60 109 61 106 <5 <15 <10 135 0.21.00 406783 81.00 82.00 1.00 148 69 59 10 <15 17 279 0.20.60 406784 82.00 82.60 0.60 172 87 53 16 18 24 471 0.20.36 406785 82.60 82.96 0.36 32 33 13 7 <15 <10 49 0.21.04 406786 82.96 84.00 1.04 119 63 78 5 <15 <10 121 0.21.00 406787 84.00 85.00 1.00 159 78 87 <5 <15 <10 183 0.21.00 406788 85.00 86.00 1.00 170 71 96 11 <15 12 265 0.21.00 406789 86.00 87.00 1.00 139 75 82 7 <15 <10 171 0.20.68 406790 87.00 87.68 0.68 91 67 40 9 22 12 148 0.20.68 406791 87.68 88.36 0.68 98 74 40 7 <15 <10 152 0.20.64 406792 88.36 89.00 0.64 168 77 137 <5 <15 <10 166 0.21.00 406793 89.00 90.00 1.00 164 62 125 <5 <15 12 147 0.21.00 406794 90.00 91.00 1.00 173 68 190 6 <15 <10 127 0.21.00 406795 91.00 92.00 1.00 169 65 166 <5 <15 <10 98 0.21.00 406796 92.00 93.00 1.00 163 59 151 6 <15 <10 97 0.21.00 406797 93.00 94.00 1.00 148 64 158 <5 20 11 98 0.21.00 406798 94.00 95.00 1.00 117 51 132 17 47 <10 84 0.21.00 406799 95.00 96.00 1.00 130 58 148 24 83 <10 88 0.21.00 406800 96.00 97.00 1.00 141 56 152 16 49 <10 71 0.20.97 406801 97.00 97.97 0.97 148 58 131 15 37 <10 82 0.20.32 406803 97.97 98.29 0.32 52 32 35 7 <15 <10 54 0.20.71 406804 98.29 99.00 0.71 156 60 135 6 <15 13 90 0.21.00 406805 99.00 100.00 1.00 151 56 148 7 <15 <10 97 0.21.00 406806 100.00 101.00 1.00 145 52 157 <5 207 <10 98 0.2

END

Metreage Description Sample Number

Celtic Minerals LtdSample

Metreage by Tags

Actual Sample

Length (m)

Assays

BH-08-12_ddh9/3/2008

Page 49: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Budgell’s Harbour Property  Celtic Minerals Ltd.  7th Year Assessment 

      

APPENDIX 2  

Original Assay Certificates   

Page 50: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3298 405886 13 <15 <10

3299 405887 7 <15 <10

3300 405888 19 27 <10

3301 405889 13 16 <10

3302 405890 12 <15 <10

3303 405891 <5 56 <10

3304 405892 13 <15 <10

3305 405893 10 25 <10

3306 405894 10 <15 <10

3307 405895 12 17 <10

3308 405896 5 <15 <10

3309 Dup 405896 16 19 <10

3310 405897 10 <15 <10

3311 405898 8 <15 <10

3312 405899 11 <15 <10

3313 405900 20 21 <10

3314 405901 11 <15 <10

3315 405902 626 561 7987

3316 405903 <5 <15 <10

3317 405904 5 <15 <10

3318 405905 15 <15 <10

3319 405906 11 <15 <10

3320 Dup 405906 8 <15 <10

3321 405907 6 <15 <10

Page 1

Page 51: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3322 405908 8 <15 <10

3323 405909 <5 <15 <10

3324 405910 <5 <15 <10

3325 405911 <5 <15 <10

3326 405912 <5 <15 <10

3327 405913 <5 <15 <10

3328 405914 <5 <15 <10

3329 405915 <5 <15 <10

3330 405916 <5 <15 <10

3331 Dup 405916 <5 <15 <10

3332 405917 13 <15 <10

3333 405918 <5 <15 <10

3334 405919 <5 18 <10

3335 405920 <5 <15 <10

3336 405921 <5 19 <10

3337 405922 687 662 8320

3338 405923 10 <15 <10

3339 405924 9 <15 <10

3340 405925 15 57 14

3341 405926 15 24 <10

3342 Dup 405926 10 21 <10

3343 405927 10 23 10

3344 405928 43 33 <10

3345 405929 <5 <15 <10

Page 2

Page 52: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3346 405930 <5 <15 <10

3347 405931 <5 <15 <10

3348 405932 <5 <15 <10

3349 405933 14 <15 <10

3350 405934 6 <15 <10

3351 405935 <5 <15 <10

3352 405936 13 <15 <10

3353 Dup 405936 12 <15 <10

3354 405937 <5 <15 <10

3355 405938 7 <15 <10

3356 405939 <5 23 <10

3357 405940 <5 <15 <10

3358 405941 5 <15 <10

3359 405942 <5 <15 <10

3360 405943 <5 <15 139

3361 405944 11 <15 <10

3362 405945 9 <15 <10

3363 405946 5 <15 <10

3364 Dup 405946 <5 <15 <10

3365 405947 7 <15 <10

3366 405948 10 <15 <10

3367 405949 9 <15 <10

3368 405950 7 <15 <10

3369 405951 8 <15 12

Page 3

Page 53: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3370 405952 6 <15 <10

3371 405953 <5 <15 <10

3372 405954 6 <15 13

3373 405955 <5 <15 14

3374 405956 <5 <15 <10

3375 Dup 405956 <5 <15 <10

3376 405957 <5 27 <10

3377 405958 <5 <15 <10

3378 405959 <5 <15 <10

3379 405960 <5 25 <10

3380 405961 7 36 <10

3381 405962 565 593 8413

3382 405963 8 <15 <10

3383 405964 <5 <15 12

3384 405965 12 <15 11

3385 405966 11 19 <10

3386 Dup 405966 11 <15 <10

3387 405967 11 16 <10

3388 405968 <5 <15 <10

3389 405969 <5 <15 <10

3390 405970 <5 21 <10

3391 405971 <5 <15 <10

3392 405972 <5 <15 <10

3393 405973 <5 <15 <10

Page 4

Page 54: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3394 405974 <5 <15 <10

3395 405975 <5 <15 <10

3396 405976 6 <15 <10

3397 Dup 405976 6 <15 <10

3398 405977 8 21 13

3399 405978 <5 37 <10

3400 405979 <5 <15 <10

3401 405980 <5 <15 <10

3402 405981 17 <15 11

3403 405982 700 683 8491

3404 405983 <5 <15 <10

3405 405984 15 18 17

3406 405985 9 <15 11

3407 405986 11 <15 <10

3408 Dup 405986 13 <15 11

3409 405987 <5 <15 <10

3410 405988 <5 <15 <10

3411 405989 7 <15 <10

3412 405990 <5 <15 <10

3413 405991 7 <15 <10

3414 405992 16 26 19

3415 405993 18 31 26

3416 405994 19 37 25

3417 405995 9 18 14

Page 5

Page 55: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3418 405996 13 21 20

3419 Dup 405996 11 25 17

3420 405997 7 17 <10

3421 405998 8 20 18

3422 405999 <5 <15 <10

3423 406000 24 37 30

3424 406501 12 <15 26

3425 406502 670 599 9109

3426 406503 13 23 19

3427 406504 11 <15 12

3428 Dup 406504 9 18 21

3429 406505 8 <15 13

3430 406506 6 <15 <10

3431 406507 7 <15 <10

3432 406508 11 <15 <10

3433 406509 <5 <15 <10

3434 406510 5 <15 <10

3435 406511 10 <15 11

3436 406512 6 <15 <10

3437 406513 7 <15 <10

3438 406514 5 <15 <10

3439 Dup 406514 5 <15 <10

3440 406515 8 <15 <10

3441 406516 16 <15 13

Page 6

Page 56: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3442 406517 17 <15 15

3443 406518 16 <15 <10

3444 406519 15 <15 12

3445 406520 20 30 21

3446 406521 9 <15 13

3447 406522 649 704 9731

3448 406523 <5 <15 <10

3449 406524 <5 <15 <10

3450 Dup 406524 <5 <15 <10

3451 406525 9 <15 <10

3452 406526 9 19 <10

3453 406527 9 16 <10

3454 406528 10 <15 <10

3455 406529 21 20 <10

3456 406530 26 32 15

3457 406531 29 33 16

3458 406532 24 37 12

3459 406533 35 31 19

3460 406534 21 16 15

3461 Dup 406534 23 25 14

3462 406535 27 16 16

3463 406536 23 26 23

3464 406537 25 30 16

3465 406538 13 <15 <10

Page 7

Page 57: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3466 406539 19 34 18

3467 406540 31 38 25

3468 406541 27 33 24

3469 406542 621 523 7691

3470 406543 23 <15 15

3471 406544 20 <15 14

3472 Dup 406544 20 23 13

3473 406545 35 30 24

3474 406546 30 <15 19

3475 406547 26 19 16

3476 406548 19 <15 12

3477 406549 22 32 32

3478 406550 21 40 29

3479 406551 20 <15 17

3480 406552 6 <15 22

3481 406553 5 <15 16

3482 406554 <5 18 <10

3483 Dup 406554 <5 18 <10

3484 406555 8 <15 <10

3485 406556 10 <15 13

3486 406557 7 26 <10

3487 406558 <5 18 <10

3488 406559 8 <15 12

3489 406560 23 25 21

Page 8

Page 58: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3490 406561 11 <15 <10

3491 406562 9 <15 10

3492 406563 555 537 8236

3493 406564 27 30 29

3494 Dup 406564 27 26 26

3495 406565 20 <15 21

3496 406566 12 <15 <10

3497 406567 7 <15 10

3498 406568 13 20 17

3499 406569 11 <15 11

3500 406570 6 <15 12

3501 406571 6 <15 10

3502 406572 <5 <15 <10

3503 406573 10 <15 13

3504 406574 11 <15 12

3505 Dup 406574 13 <15 16

3506 406575 15 <15 14

3507 406576 6 <15 12

3508 406577 8 22 11

3509 406578 6 <15 13

3510 406579 11 <15 15

3511 406580 10 <15 13

3512 406581 <5 <15 <10

3513 406582 745 558 8702

Page 9

Page 59: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3514 406583 11 <15 13

3515 406584 8 <15 <10

3516 Dup 406584 9 <15 10

3517 406585 6 <15 <10

3518 406586 7 <15 11

3519 406587 <5 <15 10

3520 406588 12 <15 <10

3521 406589 12 <15 14

3522 406590 <5 <15 <10

3523 406591 14 <15 13

3524 406592 16 <15 13

3525 406593 <5 <15 <10

3526 406594 <5 <15 <10

3527 Dup 406594 <5 <15 <10

3528 406595 <5 <15 <10

3529 406596 <5 <15 <10

3530 406597 <5 <15 <10

3531 406598 <5 <15 <10

3532 406599 <5 <15 <10

3533 406600 <5 <15 <10

3534 406601 <5 <15 <10

3535 406602 630 485 7675

3536 406603 30 82 26

3537 406604 21 77 22

Page 10

Page 60: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3538 Dup 406604 25 84 21

3539 406605 163 55 20

3540 406606 9 22 <10

3541 406607 7 18 <10

3542 406608 <5 15 <10

3543 406609 <5 <15 <10

3544 406610 <5 <15 <10

3545 406611 9 15 <10

3546 406612 <5 <15 <10

3547 406613 <5 <15 <10

3548 406614 9 15 <10

3549 Dup 406614 <5 18 <10

3550 406615 <5 17 <10

3551 406616 <5 <15 <10

3552 406617 <5 <15 <10

3553 406618 7 <15 <10

3554 406619 <5 <15 16

3555 406620 <5 <15 <10

3556 406621 <5 <15 <10

3557 406622 603 563 8023

3558 406623 7 <15 20

3559 406624 <5 <15 <10

3560 Dup 406624 <5 16 <10

3561 406625 8 23 <10

Page 11

Page 61: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3562 406626 <5 <15 <10

3563 406627 8 <15 <10

3564 406628 <5 <15 <10

3565 406629 <5 <15 <10

3566 406630 <5 <15 35

3567 406631 11 <15 <10

3568 406632 <5 <15 <10

3569 406633 <5 <15 <10

3570 406634 <5 <15 <10

3571 Dup 406634 <5 <15 <10

3572 406635 <5 <15 <10

3573 406636 <5 <15 <10

3574 406637 11 <15 <10

3575 406638 <5 <15 <10

3576 406639 <5 <15 <10

3577 406640 <5 <15 <10

3578 406641 26 <15 <10

3579 406642 710 573 8640

3580 406643 5 <15 12

3581 406644 10 23 <10

3582 Dup 406644 6 <15 <10

3583 406645 <5 <15 <10

3584 406646 7 <15 <10

3585 406647 8 <15 <10

Page 12

Page 62: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3586 406648 6 <15 11

3587 406649 6 <15 11

3588 406650 <5 <15 <10

3589 406651 8 <15 19

3590 406652 13 <15 <10

3591 406653 6 <15 <10

3592 406654 <5 <15 <10

3593 Dup 406654 14 <15 15

3594 406655 24 <15 <10

3595 406656 6 <15 <10

3596 406657 5 <15 <10

3597 406658 15 <15 <10

3598 406659 5 <15 10

3599 406660 28 <15 44

3600 406661 75 <15 <10

3601 406662 536 563 8551

3602 406663 30 36 14

3603 406664 <5 <15 <10

3604 Dup 406664 <5 <15 <10

3605 406665 <5 <15 <10

3606 406666 <5 <15 <10

3607 406667 <5 <15 <10

3608 406668 <5 <15 <10

3609 406669 16 <15 <10

Page 13

Page 63: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3610 406670 <5 <15 <10

3611 406671 <5 <15 <10

3612 406672 6 27 17

3613 406673 44 17 16

3614 406674 16 <15 <10

3615 Dup 406674 6 <15 11

3616 406675 8 <15 <10

3617 406676 32 <15 <10

3618 406677 6 <15 <10

3619 406678 8 <15 <10

3620 406679 <5 <15 <10

3621 406680 16 22 19

3622 406681 34 47 54

3623 406682 468 596 8334

3624 406683 30 36 25

3625 406684 13 27 16

3626 Dup 406684 19 <15 23

3627 406685 5 18 <10

3628 406686 6 <15 10

3629 406687 <5 <15 <10

3630 406688 <5 <15 <10

3631 406689 16 20 21

3632 406690 22 23 20

3633 406691 21 <15 37

Page 14

Page 64: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3634 406692 21 40 34

3635 406693 21 19 28

3636 406694 18 <15 20

3637 Dup 406694 16 25 19

3638 406695 18 <15 20

3639 406696 18 30 28

3640 406697 20 <15 22

3641 406698 17 <15 15

3642 406699 17 24 18

3643 406700 14 21 14

3644 406701 19 28 18

3645 406702 807 981 17724

3646 406703 27 36 43

3647 406704 21 27 25

3648 Dup 406704 22 32 25

3649 406705 20 <15 12

3650 406706 19 <15 19

3651 406707 24 32 34

3652 406708 23 28 23

3653 406709 17 17 16

3654 406710 <5 <15 <10

3655 406711 47 19 19

3656 406712 30 27 17

3657 406713 25 22 14

Page 15

Page 65: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3658 406714 14 <15 <10

3659 Dup 406714 13 <15 <10

3660 406715 22 15 18

3661 406716 20 <15 15

3662 406717 19 <15 11

3663 406718 32 31 35

3664 406719 28 27 24

3665 406720 5 <15 <10

3666 406721 21 31 16

3667 406722 836 1016 16608

3668 406723 21 35 16

3669 406724 27 28 18

3670 Dup 406724 28 18 18

3671 406725 36 27 26

3672 406726 22 17 14

3673 406727 <5 <15 <10

3674 406728 12 <15 <10

3675 406729 15 <15 12

3676 406730 38 22 18

3677 406731 28 25 25

3678 406732 24 <15 22

3679 406733 21 24 18

3680 406734 18 28 <10

3681 Dup 406734 14 36 <10

Page 16

Page 66: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3682 406735 10 19 <10

3683 406736 6 25 <10

3684 406737 19 23 <10

3685 406738 18 22 <10

3686 406739 23 31 12

3687 406740 6 21 <10

3688 406741 13 17 <10

3689 406742 801 946 15395

3690 406743 9 30 <10

3691 406744 <5 32 <10

3692 Dup 406744 <5 25 <10

3693 406745 14 34 11

3694 406746 12 37 <10

3695 406747 8 47 14

3696 406748 8 31 13

3697 406749 8 35 <10

3698 406750 16 24 <10

3699 406751 27 35 21

3700 406752 9 18 <10

3701 406753 61 42 <10

3702 406754 5 27 <10

3703 Dup 406754 6 29 <10

3704 406755 7 36 13

3705 406756 <5 44 <10

Page 17

Page 67: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3706 406757 7 61 11

3707 406758 <5 37 <10

3708 406759 <5 44 <10

3709 406760 <5 62 <10

3710 406761 <5 77 <10

3711 406762 784 989 16606

3712 406763 20 46 18

3713 406764 6 32 <10

3714 Dup 406764 11 54 12

3715 406765 26 69 28

3716 406766 28 60 29

3717 406767 18 62 20

3718 406768 33 72 33

3719 406769 9 55 13

3720 406770 15 41 22

3721 406771 <5 26 <10

3722 406772 <5 21 <10

3723 406773 24 45 19

3724 406774 11 19 <10

3725 Dup 406774 15 32 26

3726 406775 <5 31 20

3727 406776 <5 27 <10

3728 406777 15 22 21

3729 406778 <5 28 <10

Page 18

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1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3730 406779 <5 17 <10

3731 406780 <5 <15 <10

3732 406781 <5 <15 <10

3733 406782 647 993 17169

3734 406783 10 <15 17

3735 406784 16 18 24

3736 Dup 406784 16 <15 24

3737 406785 7 <15 <10

3738 406786 5 <15 <10

3739 406787 <5 <15 <10

3740 406788 11 <15 12

3741 406789 7 <15 <10

3742 406790 9 22 12

3743 406791 7 <15 <10

3744 406792 <5 <15 <10

3745 406793 <5 <15 12

3746 406794 6 <15 <10

3747 Dup 406794 <5 <15 <10

3748 406795 <5 <15 <10

3749 406796 6 <15 <10

3750 406797 <5 20 11

3751 406798 17 47 <10

3752 406799 24 83 <10

3753 406800 16 49 <10

Page 19

Page 69: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Friday, March 28, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 19, 2008

Date Completed: Mar 28, 2008

Job #: 200830034

Reference:

Sample #: 421 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3754 406801 15 37 <10

3755 406802 944 1041 19092

3756 406803 7 <15 <10

3757 406804 6 <15 13

3758 Dup 406804 <5 <15 <10

3759 406805 7 <15 <10

3760 406806 <5 207 <10

PROCEDURE CODES: AL4APP

Certified By:

The results included on this report relateonly to the items testedThe Certificate of Analysis should notbe reproduced except in full, withoutthe writtenapproval of the laboratory

AL907-0283-03/28/2008 5:21 PM

Page 20

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1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3174 405775 <5 <15 <10

3175 405776 <5 <15 <10

3176 405777 6 <15 <10

3177 405778 <5 <15 <10

3178 405779 <5 <15 <10

3179 405780 <5 <15 <10

3180 405781 <5 <15 <10

3181 405782 851 558 8998

3182 405783 7 23 <10

3183 405784 <5 <15 <10

3184 405785 5 29 <10

3185 Dup 405785 <5 <15 <10

3186 405786 <5 <15 <10

3187 405787 <5 <15 <10

3188 405788 5 <15 <10

3189 405789 <5 <15 <10

3190 405790 <5 <15 <10

3191 405791 <5 <15 <10

3192 405792 <5 <15 <10

3193 405793 <5 <15 <10

3194 405794 <5 <15 <10

3195 405795 <5 <15 <10

3196 Dup 405795 <5 <15 <10

3197 405796 <5 <15 <10

Page 1

Page 71: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3198 405797 <5 <15 <10

3199 405798 <5 <15 <10

3200 405799 <5 <15 <10

3201 405800 <5 <15 <10

3202 405801 <5 <15 <10

3203 405802 524 546 9095

3204 405803 <5 <15 <10

3205 405804 <5 <15 <10

3206 405805 <5 <15 <10

3207 Dup 405805 <5 <15 <10

3208 405806 <5 <15 <10

3209 405807 <5 <15 <10

3210 405808 <5 <15 <10

3211 405809 <5 <15 <10

3212 405810 <5 <15 <10

3213 405811 <5 <15 <10

3214 405812 <5 <15 <10

3215 405813 <5 <15 <10

3216 405814 9 <15 <10

3217 405815 <5 <15 <10

3218 Dup 405815 <5 <15 <10

3219 405816 <5 <15 <10

3220 405817 <5 <15 <10

3221 405818 <5 <15 <10

Page 2

Page 72: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3222 405819 <5 <15 <10

3223 405820 <5 <15 <10

3224 405821 <5 <15 <10

3225 405822 665 570 8698

3226 405823 <5 <15 <10

3227 405824 33 <15 <10

3228 405825 <5 <15 <10

3229 Dup 405825 <5 20 <10

3230 405826 <5 <15 <10

3231 405827 <5 <15 <10

3232 405828 <5 <15 <10

3233 405829 <5 <15 <10

3234 405830 <5 <15 <10

3235 405831 9 <15 <10

3236 405832 <5 <15 <10

3237 405833 <5 15 <10

3238 405834 5 <15 18

3239 405835 <5 24 <10

3240 Dup 405835 7 <15 <10

3241 405836 <5 <15 <10

3242 405837 5 <15 11

3243 405838 <5 <15 <10

3244 405839 <5 <15 <10

3245 405840 <5 <15 <10

Page 3

Page 73: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3246 405841 <5 <15 <10

3247 405842 615 557 9284

3248 405843 <5 <15 <10

3249 405844 <5 <15 11

3250 405845 16 42 <10

3251 Dup 405845 <5 18 <10

3252 405846 11 <15 <10

3253 405847 10 30 <10

3254 405848 6 26 <10

3255 405849 <5 <15 <10

3256 405850 <5 22 <10

3257 405851 <5 <15 <10

3258 405852 <5 21 <10

3259 405853 5 34 <10

3260 405854 <5 <15 <10

3261 405855 20 <15 <10

3262 Dup 405855 8 16 <10

3263 405856 <5 23 <10

3264 405857 8 <15 <10

3265 405858 6 <15 <10

3266 405859 <5 <15 <10

3267 405860 <5 34 <10

3268 405861 50 16 <10

3269 405862 596 586 8975

Page 4

Page 74: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3270 405863 5 <15 <10

3271 405864 <5 <15 <10

3272 405865 <5 <15 <10

3273 Dup 405865 <5 15 <10

3274 405866 15 46 <10

3275 405867 <5 <15 <10

3276 405868 <5 <15 <10

3277 405869 <5 <15 <10

3278 405870 <5 <15 <10

3279 405871 44 <15 <10

3280 405872 <5 <15 <10

3281 405873 <5 <15 <10

3282 405874 <5 <15 <10

3283 405875 <5 <15 <10

3284 Dup 405875 <5 <15 <10

3285 405876 <5 <15 <10

3286 405877 <5 <15 <10

3287 405878 <5 <15 <10

3288 405879 <5 <15 <10

3289 405880 8 <15 <10

3290 405881 <5 <15 <10

3291 405882 624 519 7982

3292 405883 6 <15 <10

3293 405884 <5 <15 <10

Page 5

Page 75: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 25, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Mar 11, 2008

Date Completed: Mar 25, 2008

Job #: 200830031

Reference:

Sample #: 111 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

3294 405885 <5 <15 <10

3295 Dup 405885 6 19 <10

PROCEDURE CODES: AL4APP

Certified By:

The results included on this report relateonly to the items testedThe Certificate of Analysis should notbe reproduced except in full, withoutthe writtenapproval of the laboratory

AL907-0283-03/25/2008 12:22 PM

Page 6

Page 76: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2863 405665 12 30 14

2864 405666 5 16 <10

2865 405667 <5 20 14

2866 405668 <5 <15 <10

2867 405669 <5 <15 <10

2868 405670 11 <15 <10

2869 405671 <5 <15 <10

2870 405672 5 <15 <10

2871 405673 12 21 13

2872 405674 <5 <15 11

2873 405675 8 <15 <10

2874 Dup 405675 24 <15 <10

2875 405676 7 21 <10

2876 405677 <5 <15 <10

2877 405678 <5 <15 <10

2878 405679 8 <15 <10

2879 405680 <5 <15 <10

2880 405681 <5 <15 <10

2881 405682 489 501 9353

2882 405683 13 17 15

2883 405684 18 20 17

2884 405685 24 35 22

2885 Dup 405685 24 35 24

2886 405686 28 <15 16

Page 1

Page 77: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2887 405687 25 <15 16

2888 405688 25 26 17

2889 405689 24 <15 21

2890 405690 16 35 30

2891 405691 17 20 16

2892 405692 15 27 13

2893 405693 26 44 33

2894 405694 33 35 24

2895 405695 48 59 61

2896 Dup 405695 45 57 67

2897 405696 26 <15 19

2898 405697 14 25 15

2899 405698 14 24 19

2900 405699 26 <15 14

2901 405700 19 19 10

2902 405701 97 33 15

2903 405702 512 483 8252

2904 405703 11 <15 <10

2905 405704 13 <15 12

2906 405705 17 <15 10

2907 Dup 405705 16 30 15

2908 405706 19 <15 <10

2909 405707 74 36 20

2910 405708 89 45 28

Page 2

Page 78: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2911 405709 61 119 123

2912 405710 52 58 103

2913 405711 62 109 86

2914 405712 51 110 152

2915 405713 33 49 38

2916 405714 58 87 87

2917 405715 78 118 163

2918 Dup 405715 80 113 127

2919 405716 269 26 <10

2920 405717 34 60 52

2921 405718 35 115 114

2922 405719 87 99 105

2923 405720 35 74 65

2924 405721 32 70 48

2925 405722 594 530 9242

2926 405723 13 53 25

2927 405724 22 107 85

2928 405725 25 108 122

2929 Dup 405725 25 107 111

2930 405726 341 <15 10

2931 405727 11 22 27

2932 405728 39 146 89

2933 405729 48 123 66

2934 405730 29 110 64

Page 3

Page 79: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2935 405731 29 75 44

2936 405732 56 57 20

2937 405733 35 69 21

2938 405734 23 80 72

2939 405735 49 70 57

2940 Dup 405735 46 73 60

2941 405736 33 142 131

2942 405737 39 77 57

2943 405738 87 88 75

2944 405739 27 78 55

2945 405740 22 54 36

2946 405741 30 66 58

2947 405742 655 581 8465

2948 405743 24 70 39

2949 405744 55 55 48

2950 405745 14 37 18

2951 Dup 405745 18 25 20

2952 405746 63 104 259

2953 405747 21 50 50

2954 405748 24 45 72

2955 405749 20 25 15

2956 405750 19 27 19

2957 405751 15 24 14

2958 405752 17 21 16

Page 4

Page 80: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2959 405753 12 25 10

2960 405754 15 41 24

2961 405755 41 42 32

2962 Dup 405755 10 30 44

2963 405756 14 38 16

2964 405757 27 37 15

2965 405758 17 34 19

2966 405759 18 35 19

2967 405760 12 30 11

2968 405761 14 28 19

2969 405762 573 539 8677

2970 405763 13 23 19

2971 405764 22 45 29

2972 405765 14 37 17

2973 Dup 405765 14 33 22

2974 405766 9 25 10

2975 405767 18 32 22

2976 405768 14 39 18

2977 405769 8 29 12

2978 405770 15 23 16

2979 405771 17 32 23

2980 405772 15 30 18

2981 405773 11 40 17

2982 405774 10 33 18

Page 5

Page 81: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 29, 2008

Date Completed: Mar 11, 2008

Job #: 200830029

Reference:

Sample #: 110 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

PROCEDURE CODES: AL4APP

Certified By:

The results included on this report relateonly to the items testedThe Certificate of Analysis should notbe reproduced except in full, withoutthe writtenapproval of the laboratory

AL907-0283-03/11/2008 11:04 AM

Page 6

Page 82: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2364 405517 24 <15 12

2365 405518 20 18 28

2366 405519 34 21 34

2367 405520 6 <15 <10

2368 405521 8 <15 12

2369 405522 497 433 7354

2370 405523 6 <15 15

2371 405524 8 <15 10

2372 405525 <5 <15 12

2373 405526 <5 <15 11

2374 405527 <5 <15 <10

2375 Dup 405527 <5 <15 <10

2376 405528 <5 <15 13

2377 405529 10 <15 17

2378 405530 8 <15 20

2379 405531 9 <15 14

2380 405532 <5 <15 <10

2381 405533 14 <15 19

2382 405534 12 <15 20

2383 405535 7 <15 16

2384 405536 6 <15 16

2385 405537 18 <15 <10

2386 Dup 405537 27 <15 11

2387 405538 16 29 <10

Page 1

Page 83: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2388 405539 13 <15 <10

2389 405540 13 <15 139

2390 405541 10 25 12

2391 405542 603 423 7518

2392 405543 18 21 113

2393 405544 9 19 <10

2394 405545 9 15 <10

2395 405546 10 16 <10

2396 405547 8 <15 <10

2397 Dup 405547 9 18 <10

2398 405548 7 <15 <10

2399 405549 8 20 11

2400 405550 11 <15 10

2401 405551 11 23 <10

2402 405552 11 18 <10

2403 405553 10 <15 <10

2404 405554 18 <15 <10

2405 405555 16 <15 11

2406 405556 11 <15 <10

2407 405557 13 17 40

2408 Dup 405557 12 <15 14

2409 405558 13 <15 <10

2410 405559 17 39 20

2411 405560 18 31 12

Page 2

Page 84: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2412 405561 19 36 11

2413 405562 494 493 8209

2414 405563 16 18 <10

2415 405564 13 18 <10

2416 405565 14 <15 <10

2417 405566 16 18 14

2418 405567 43 33 27

2419 Dup 405567 53 41 28

2420 405568 67 26 31

2421 405569 40 17 11

2422 405570 77 54 47

2423 405571 6 145 133

2424 405572 6 27 12

2425 405573 <5 <15 <10

2426 405574 <5 <15 <10

2427 405575 <5 <15 <10

2428 405576 <5 <15 <10

2429 405577 <5 <15 11

2430 Dup 405577 10 <15 <10

2431 405578 <5 <15 <10

2432 405579 <5 <15 27

2433 405580 <5 <15 <10

2434 405581 <5 <15 <10

2435 405582 549 523 7899

Page 3

Page 85: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2436 405583 <5 <15 10

2437 405584 5 17 16

2438 405585 10 <15 <10

2439 405586 <5 17 <10

2440 405587 <5 17 <10

2441 Dup 405587 7 16 13

2442 405588 9 <15 16

2443 405589 13 44 26

2444 405590 10 <15 10

2445 405591 <5 <15 <10

2446 405592 <5 <15 11

2447 405593 5 15 25

2448 405594 6 27 17

2449 405595 5 <15 <10

2450 405596 <5 <15 12

2451 405597 6 16 13

2452 Dup 405597 7 <15 15

2453 405598 <5 <15 10

2454 405599 6 15 <10

2455 405600 No Sample Received

2456 405601 5 <15 23

2457 405602 635 491 7959

2458 405603 8 <15 17

2459 405604 10 <15 15

Page 4

Page 86: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2460 405605 6 18 12

2461 405606 9 <15 20

2462 405607 7 <15 13

2463 Dup 405607 8 20 10

2464 405608 6 17 17

2465 405609 7 <15 22

2466 405610 5 <15 <10

2467 405611 11 18 15

2468 405612 <5 <15 11

2469 405613 <5 <15 10

2470 405614 <5 <15 10

2471 405615 <5 <15 11

2472 405616 6 <15 <10

2473 405617 6 <15 <10

2474 Dup 405617 6 15 <10

2475 405618 6 16 12

2476 405619 11 <15 <10

2477 405620 6 19 13

2478 405621 6 16 <10

2479 405622 562 483 8356

2480 405623 11 62 32

2481 405624 <5 <15 <10

2482 405625 6 16 10

2483 405626 <5 <15 <10

Page 5

Page 87: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2484 405627 <5 <15 <10

2485 Dup 405627 6 <15 <10

2486 405628 9 <15 <10

2487 405629 <5 <15 <10

2488 405630 11 <15 <10

2489 405631 <5 <15 <10

2490 405632 6 <15 13

2491 405633 8 <15 13

2492 405634 15 <15 12

2493 405635 12 <15 12

2494 405636 8 <15 13

2495 405637 6 <15 13

2496 Dup 405637 9 <15 <10

2497 405638 5 <15 <10

2498 405639 6 <15 <10

2499 405640 7 <15 11

2500 405641 43 25 22

2501 405642 412 489 7667

2502 405643 68 18 <10

2503 405644 82 45 26

2504 405645 43 47 32

2505 405646 6 <15 <10

2506 405647 5 <15 <10

2507 Dup 405647 <5 <15 <10

Page 6

Page 88: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

2508 405648 5 <15 10

2509 405649 5 16 13

2510 405650 <5 <15 <10

2511 405651 <5 <15 <10

2512 405652 <5 <15 13

2513 405653 16 21 <10

2514 405654 17 21 <10

2515 405655 <5 21 <10

2516 405656 9 32 31

2517 405657 28 20 25

2518 Dup 405657 27 26 24

2519 405658 13 <15 33

2520 405659 <5 <15 <10

2521 405660 6 <15 <10

2522 405661 <5 <15 <10

2523 405662 432 434 7406

2524 405663 7 <15 <10

2525 405664 56 <15 <10

Page 7

Page 89: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

1046 Gorham StreetThunder Bay, ON Canada P7B 5X5

Tel: (807) 626-1630Fax: (807) 622-7571

[email protected]

Certificate of Analysis

Tuesday, March 11, 2008

Celtic Minerals Ltd.Suite 201, 20 High St.Grand Falls Windsor, NL, CANA2A1C6Ph#: (709) 489-6480Fax#: (709) 489-7092Email#: [email protected]

Date Received: Feb 26, 2008

Date Completed: Mar 11, 2008

Job #: 200830023

Reference:

Sample #: 148 Pulp’s

Acc # Client ID Au

ppbPt

ppbPd

ppbRh

ppb

PROCEDURE CODES: AL4APP

Certified By:

The results included on this report relateonly to the items testedThe Certificate of Analysis should notbe reproduced except in full, withoutthe writtenapproval of the laboratory

AL907-0283-03/11/2008 4:20 PM

Page 8

Page 90: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Assay CertificateClient: Celtic Minerals LimitedGeologi Paul Delaney Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187,Sample Core 403 Little Bay Road

Springdale, NfldDskFile 634-E86984 A0J 1T0

Signed by:______________________DateIn: February 29, 2008 Phone: 709-673-3909 Graham SmithDateOu March 13, 2008 Fax: 709-673-3408

Email:easternanalytical@nf.aibn.com--------------------------------------------------------------------------------------------------------------------------------------------------------------SAMPLE NiNUMBER %--------------------------------------------------------------------------------------------------------------------------------------------------------------4E+05 0.134E+05 0.134E+05 0.134E+05 0.154E+05 0.134E+05 0.174E+05 0.144E+05 0.154E+05 0.13

Page 91: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Assay CertificateClient: Celtic Minerals LimitedGeologi Paul Delaney Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187,Sample Core 403 Little Bay Road

Springdale, NfldDskFile 634-E86983 A0J 1T0

Signed by:______________________DateIn: February 29, 2008 Phone: 709-673-3909 Graham SmithDateOu March 12, 2008 Fax: 709-673-3408

Email:easternanalytical@nf.aibn.com--------------------------------------------------------------------------------------------------------------------------------------------------------------SAMPLE NiNUMBER %--------------------------------------------------------------------------------------------------------------------------------------------------------------4E+05 0.154E+05 0.144E+05 0.144E+05 0.154E+05 0.144E+05 0.14

Page 92: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Assay CertificateClient: Celtic MineralsGeologi Mark Graves Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187,Sample Core 403 Little Bay Road

Springdale, NfldDskFile 634-E86946 A0J 1T0

Signed by:______________________DateIn: February 18, 2008 Phone: 709-673-3909 Graham SmithDateOu March 06, 2008 Fax: 709-673-3408

Email:easternanalytical@nf.aibn.com--------------------------------------------------------------------------------------------------------------------------------------------------------------SAMPLE NiNUMBER %--------------------------------------------------------------------------------------------------------------------------------------------------------------4E+05 0.13

Page 93: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

ICP Geochemistry CertificateClient: Celtic Minerals LimitedGeologisPaul Delaney Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86928 A0J 1T0

DateIn: February 29, 2008 Phone: 709-673-3909DateOut March 10, 2008 Fax: 709-673-3408

Email:[email protected] ----------------------- ---------- ------------------------ ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------406689 10 39 20 6.78 0.03 1 1.77 5 193 0.15 1 0.51 0.5 0.68 28406690 10 77 43 6.62 0.14 1 1.90 5 189 0.23 1 0.74 0.5 1.22 33406691 10 44 32 8.30 0.09 1 2.03 5 175 0.16 1 0.51 0.5 0.83 34406692 10 37 34 8.94 0.08 1 2.09 5 180 0.15 1 0.48 0.5 0.70 37406693 10 39 51 7.97 0.10 1 2.15 5 176 0.17 1 0.52 0.5 0.82 36406694 10 39 35 7.34 0.07 1 1.71 5 225 0.19 1 0.49 0.5 0.85 27406695 10 35 31 8.19 0.05 1 1.72 5 266 0.19 1 0.48 0.5 0.87 28406696 10 37 32 8.82 0.06 1 1.31 5 269 0.19 1 0.53 0.5 1.03 31406697 10 29 26 7.75 0.05 1 1.65 5 245 0.20 1 0.42 0.5 0.79 29406698 10 35 32 7.01 0.07 1 2.14 5 220 0.17 1 0.43 0.5 0.77 31406699 10 26 22 8.01 0.04 1 1.87 5 259 0.14 1 0.37 0.5 0.63 29406700 10 27 23 8.52 0.03 1 1.68 5 292 0.15 1 0.41 0.5 0.70 27406701 10 34 36 7.54 0.06 1 1.87 5 235 0.18 1 0.48 0.5 0.86 29406702 10 29 10 4.40 0.02 1 4.41 5 43 0.21 1 5.04 0.5 1.73 38406703 10 27 25 9.35 0.05 1 1.94 5 237 0.16 1 0.45 0.5 0.74 29406704 10 39 44 7.16 0.09 1 2.17 5 191 0.17 1 0.46 0.5 0.96 29406705 10 43 41 6.63 0.07 1 1.86 5 227 0.20 1 0.53 0.5 0.96 22406706 10 82 59 6.74 0.17 1 1.69 5 206 0.21 1 0.74 0.5 1.47 27406707 10 35 44 7.87 0.08 1 2.78 5 208 0.12 1 0.44 0.5 0.77 34406708 10 65 93 6.92 0.14 1 2.39 5 200 0.18 1 0.79 0.5 1.34 34406709 10 20 26 7.19 0.03 1 2.30 5 229 0.12 1 0.35 0.5 0.76 25406710 340 81 76 5.90 0.32 1 2.45 5 146 0.21 2 1.35 0.5 4.06 64406711 10 27 38 7.23 0.05 1 2.04 5 250 0.12 1 0.38 0.5 0.73 24406712 10 28 50 6.86 0.06 1 2.23 5 227 0.12 1 0.42 0.5 0.70 27406713 10 33 55 6.92 0.08 1 2.13 5 235 0.15 1 0.46 0.5 0.82 27406714 10 28 35 6.52 0.04 1 1.97 5 249 0.10 1 0.38 0.5 0.73 25

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Client:GeologisProject:Sample:

DskFile:

DateIn: DateOut

-----------SampleNumber------------406689406690406691406692406693406694406695406696406697406698406699406700406701406702406703406704406705406706406707406708406709406710406711406712406713406714

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------

954 5 0.2 5 2 0.06 1.5 59 297 10 10 0.06 214 10 163965 5 0.2 5 2 0.07 1.5 62 292 10 10 0.15 245 10 167

1878 5 0.2 6 2 0.06 1.9 104 625 10 10 0.11 244 10 1582113 5 0.2 6 2 0.06 2.1 114 746 10 10 0.12 250 10 1601669 5 0.2 5 2 0.08 1.8 90 571 10 10 0.18 253 10 160

977 5 0.2 4 2 0.07 1.7 71 341 10 10 0.11 206 10 178997 5 0.2 5 2 0.10 1.8 77 378 10 10 0.10 197 10 175

1432 5 0.2 6 2 0.12 2.0 91 504 10 10 0.11 172 10 1641134 5 0.2 7 2 0.14 1.8 68 354 10 10 0.08 244 10 203

803 5 0.2 5 2 0.11 1.6 55 245 10 10 0.10 285 10 1671060 5 0.2 6 2 0.09 1.9 68 343 10 10 0.07 245 10 158

886 5 0.2 6 2 0.20 1.9 71 323 10 10 0.06 262 10 1941006 5 0.2 5 2 0.11 1.7 67 319 10 10 0.11 238 10 1701852 5 0.2 2 2 0.01 0.5 67 >1100 10 10 0.02 312 10 2362004 5 0.2 7 2 0.07 2.1 100 600 10 10 0.08 219 10 1961225 5 0.2 4 2 0.06 1.6 69 359 10 10 0.14 262 10 194

765 5 0.2 4 2 0.08 1.4 49 205 10 10 0.13 216 10 2011140 5 0.2 4 2 0.11 1.5 59 306 10 10 0.18 220 10 1691155 5 0.2 5 2 0.07 1.8 69 366 10 10 0.14 330 10 2541006 5 0.2 4 2 0.11 1.6 61 307 10 10 0.31 286 10 175

850 5 0.2 3 2 0.06 1.6 60 301 10 10 0.08 255 10 25544 5 0.2 2 2 0.01 1.3 27 32 10 25 0.25 1026 10 30

875 5 0.2 4 2 0.10 1.6 58 308 10 10 0.11 264 10 237880 5 0.2 5 2 0.11 1.6 56 288 10 10 0.17 301 10 189881 5 0.2 5 2 0.13 1.6 55 268 10 10 0.17 288 10 184535 5 0.2 4 2 0.14 1.4 45 193 10 10 0.11 273 10 182

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------406715 10 34 43 6.17 0.05 1 1.87 5 226 0.13 1 0.43 0.5 0.85 25406716 10 28 40 6.71 0.04 1 2.21 5 246 0.16 1 0.41 0.5 0.75 25406717 10 23 35 6.48 0.03 1 2.56 5 216 0.11 1 0.33 0.5 0.60 28406718 10 27 42 7.97 0.05 1 2.20 5 263 0.14 1 0.41 0.5 0.73 31406719 10 28 43 7.99 0.07 1 2.40 5 268 0.13 1 0.38 0.5 0.76 30406720 88 62 96 5.70 0.14 1 1.74 5 198 0.25 1 1.20 0.5 3.81 43406721 10 33 39 7.68 0.03 1 2.47 5 271 0.18 1 0.51 0.5 1.33 21406722 10 29 10 4.56 0.02 1 4.31 5 49 0.20 1 5.06 0.5 1.81 40406723 10 27 47 7.84 0.04 1 2.70 5 263 0.17 1 0.43 0.5 0.71 32406724 10 26 65 7.31 0.06 1 3.17 5 205 0.11 1 0.44 0.5 0.72 37406725 10 39 86 7.56 0.08 1 2.25 5 243 0.18 1 0.64 0.5 1.10 30406726 10 36 61 7.48 0.05 1 2.02 5 285 0.19 1 0.57 0.5 1.11 23406727 130 71 170 6.24 0.30 1 1.79 5 120 0.21 2 1.65 0.5 2.70 86406728 10 28 48 6.33 0.04 1 2.12 5 237 0.13 1 0.44 0.5 0.92 19406729 10 25 56 6.84 0.04 1 2.20 5 262 0.17 1 0.46 0.5 0.95 22406730 10 29 58 7.00 0.05 1 2.04 5 260 0.11 1 0.42 0.5 0.90 21406731 10 30 43 7.87 0.04 1 1.89 5 296 0.14 1 0.42 0.5 0.92 22406732 10 28 74 6.66 0.05 1 1.83 5 243 0.14 1 0.48 0.5 0.87 18406733 10 36 80 6.90 0.09 1 2.06 5 255 0.17 1 0.62 0.5 1.07 28406734 10 29 75 6.73 0.05 1 1.98 5 252 0.14 1 0.47 0.5 0.90 21406735 10 41 75 6.75 0.08 1 2.06 5 261 0.19 1 0.58 0.5 1.17 24406736 10 32 70 6.45 0.05 1 1.97 5 247 0.18 1 0.54 0.5 1.02 25406737 10 45 90 7.00 0.08 1 2.03 5 268 0.20 1 0.65 0.5 1.22 24406738 10 34 84 6.85 0.05 1 2.00 5 262 0.18 1 0.59 0.5 1.08 23406739 10 34 84 6.65 0.06 1 2.10 5 242 0.16 1 0.59 0.5 1.09 26406740 10 33 77 7.03 0.05 1 2.13 5 267 0.16 1 0.58 0.5 0.98 22406741 10 37 94 6.76 0.05 1 1.88 5 269 0.18 1 0.64 0.5 1.11 20406742 10 29 10 4.74 0.01 1 4.30 5 51 0.20 1 5.17 0.5 1.84 44406743 10 34 132 7.18 0.05 1 1.78 5 299 0.20 1 0.74 0.5 1.09 27406744 108 94 103 5.79 0.20 1 2.51 5 205 0.25 1 1.73 0.5 3.47 65406745 10 41 92 7.05 0.07 1 2.07 5 270 0.18 1 0.75 0.5 1.20 30406746 10 51 102 7.59 0.06 1 1.88 5 333 0.19 1 0.85 0.5 1.26 27406747 10 48 93 6.74 0.05 1 1.89 5 289 0.19 1 0.76 0.5 1.14 21406748 39 62 96 6.90 0.14 1 2.05 5 267 0.19 1 0.92 0.5 1.55 34406749 10 58 113 7.42 0.12 1 2.32 5 291 0.22 1 0.92 0.5 1.60 36406750 10 32 120 7.51 0.05 1 2.16 5 314 0.17 1 0.67 0.5 1.06 24406751 10 35 113 6.52 0.07 1 2.15 5 247 0.20 1 0.71 0.5 1.12 30406752 10 32 124 8.75 0.06 1 2.40 5 340 0.20 1 0.69 0.5 0.84 25406753 10 43 139 6.89 0.07 1 1.55 5 305 0.21 1 0.75 0.5 1.17 20

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SampleNumber------------406715406716406717406718406719406720406721406722406723406724406725406726406727406728406729406730406731406732406733406734406735406736406737406738406739406740406741406742406743406744406745406746406747406748406749406750406751406752406753

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------760 5 0.2 5 2 0.13 1.4 50 232 10 10 0.13 253 10 220644 5 0.2 3 2 0.10 1.5 53 240 10 10 0.12 263 10 215545 5 0.2 3 2 0.09 1.4 57 242 10 10 0.10 296 10 201

1232 5 0.2 6 2 0.12 1.8 69 373 10 10 0.13 271 10 244941 5 0.2 4 2 0.12 1.8 67 316 10 10 0.11 319 10 261165 5 0.2 2 2 0.03 1.2 38 75 10 12 0.27 397 10 91658 5 0.2 4 2 0.09 1.7 60 250 10 10 0.11 268 10 321

1741 5 0.2 2 2 0.01 0.5 66 >1100 10 10 0.02 321 10 233700 5 0.2 4 2 0.18 1.7 57 266 10 10 0.12 369 10 340

1007 5 0.2 6 2 0.12 1.6 61 327 10 10 0.18 393 10 2591342 5 0.2 6 2 0.16 1.7 63 348 10 10 0.26 289 10 246

726 5 0.2 4 2 0.13 1.6 54 260 10 10 0.17 226 10 27960 5 0.2 2 2 0.02 1.3 21 40 10 24 0.63 1027 10 52

403 5 0.2 3 2 0.10 1.3 48 199 10 10 0.11 229 10 217513 5 0.2 3 2 0.11 1.5 48 215 10 10 0.13 241 10 224762 5 0.2 4 2 0.10 1.6 55 266 10 10 0.14 226 10 186969 5 0.2 5 2 0.10 1.8 65 342 10 10 0.11 211 10 201886 5 0.2 4 2 0.11 1.5 59 294 10 10 0.17 211 10 166689 5 0.2 4 2 0.13 1.5 57 233 10 10 0.25 234 10 167570 5 0.2 4 2 0.11 1.5 55 219 10 10 0.18 227 10 164306 5 0.2 2 2 0.14 1.4 54 172 10 10 0.18 231 10 192290 5 0.2 2 2 0.15 1.3 51 166 10 10 0.17 218 10 170438 5 0.2 3 2 0.16 1.5 57 202 10 10 0.17 214 10 187439 5 0.2 3 2 0.17 1.5 54 187 10 10 0.19 231 10 173577 5 0.2 3 2 0.18 1.4 57 216 10 10 0.20 248 10 161341 5 0.2 3 2 0.19 1.5 56 186 10 10 0.19 260 10 172359 5 0.2 2 2 0.19 1.4 57 199 10 10 0.20 216 10 182

1728 5 0.7 2 2 0.01 0.6 70 >1100 10 10 0.02 321 10 230257 5 0.2 2 2 0.19 1.4 58 192 10 10 0.24 185 10 174

77 5 0.2 2 2 0.01 1.2 35 47 10 23 0.62 372 10 43519 5 0.2 3 2 0.16 1.5 60 244 10 10 0.23 221 10 187482 5 0.2 4 2 0.20 1.6 59 221 10 10 0.24 196 10 201324 5 0.2 2 2 0.19 1.4 51 185 10 10 0.25 212 10 164401 5 0.2 3 2 0.11 1.4 57 180 10 10 0.28 235 10 157296 5 0.2 2 2 0.15 1.5 57 186 10 10 0.28 281 10 175435 5 0.2 3 2 0.19 1.6 56 219 10 10 0.28 236 10 188759 5 0.2 5 2 0.21 1.4 52 216 10 10 0.41 263 10 205347 5 0.2 3 2 0.22 1.7 63 238 10 10 0.31 306 10 220361 5 0.2 2 2 0.19 1.4 52 202 10 10 0.30 206 10 167

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------406754 10 38 112 6.78 0.05 1 1.40 5 315 0.21 1 0.70 0.5 1.21 13406755 10 48 104 6.33 0.06 1 1.38 5 282 0.20 1 0.72 0.5 1.26 16406756 10 34 101 6.36 0.05 1 1.84 5 257 0.21 1 0.60 0.5 1.02 17406757 10 36 152 6.17 0.06 1 1.88 5 245 0.18 1 0.71 0.5 1.04 18406758 10 37 116 6.60 0.05 1 1.85 5 272 0.21 1 0.70 0.5 1.21 19406759 10 46 109 6.92 0.07 1 2.00 5 262 0.21 1 0.89 0.5 1.71 25406760 10 42 70 6.13 0.07 1 2.00 5 226 0.15 1 0.59 0.5 1.11 25406761 10 57 100 5.60 0.08 1 1.94 5 227 0.18 1 0.81 0.5 1.22 30406762 10 30 10 4.49 0.02 1 4.29 5 49 0.20 1 5.08 0.5 1.85 42406763 10 72 184 6.53 0.09 1 1.42 5 292 0.21 1 1.09 0.5 1.47 45406764 15 76 163 6.71 0.19 1 1.95 5 240 0.20 1 1.36 0.5 3.21 39406765 10 42 109 7.71 0.08 1 1.08 5 339 0.19 1 0.77 0.5 1.15 28406766 10 40 63 9.25 0.11 1 1.38 5 351 0.16 1 0.67 0.5 1.03 36406767 10 50 56 6.77 0.11 1 0.85 5 298 0.20 1 0.71 0.5 1.33 26406768 10 57 38 6.78 0.12 1 0.75 5 278 0.20 1 0.72 0.5 1.22 40406769 17 77 64 6.37 0.17 1 0.92 5 276 0.23 1 1.11 0.5 1.61 53406770 10 51 27 7.42 0.15 1 0.62 5 316 0.18 1 0.61 0.5 1.23 57406771 10 86 50 5.99 0.12 1 0.75 5 313 0.27 1 1.17 0.5 1.52 61406772 10 48 20 5.38 0.20 1 0.35 5 328 0.25 1 0.85 0.5 1.27 44406773 10 113 34 5.42 0.26 1 0.64 5 217 0.33 1 1.24 0.5 1.86 45406774 38 85 54 5.33 0.39 1 0.74 5 188 0.28 1 1.03 0.5 2.06 52406775 16 43 52 6.37 0.29 1 0.87 5 243 0.28 1 0.80 0.5 1.69 52406776 10 33 31 5.90 0.20 1 0.79 13 249 0.32 1 1.06 0.5 1.70 39406777 10 22 13 5.55 0.20 1 0.36 11 184 0.26 1 0.67 0.5 1.22 28406778 10 64 47 6.05 0.12 1 0.81 5 294 0.22 1 0.84 0.5 1.54 53406779 286 103 78 5.51 0.31 1 1.99 5 182 0.25 1 1.41 0.5 4.30 37406780 10 80 74 5.92 0.11 1 1.09 5 270 0.26 1 1.07 0.5 1.87 41406781 10 55 68 6.73 0.08 1 1.05 5 320 0.23 1 0.90 0.5 1.62 45406782 10 30 10 4.55 0.01 1 4.30 5 51 0.20 1 5.09 0.5 1.85 40406783 10 40 109 7.03 0.07 1 1.10 5 330 0.19 1 0.95 0.5 1.28 55406784 10 46 130 8.55 0.06 1 1.22 5 388 0.23 1 1.11 0.5 1.32 65406785 110 85 79 6.50 0.14 1 2.36 5 230 0.24 2 1.74 0.5 3.34 96406786 10 54 184 6.01 0.05 1 1.51 5 284 0.18 1 1.07 0.5 1.52 43406787 10 45 136 6.91 0.07 1 1.40 5 325 0.22 1 1.01 0.5 1.38 61406788 10 50 143 6.61 0.06 1 1.44 5 307 0.24 1 1.03 0.5 1.36 38406789 10 45 123 6.82 0.06 1 1.34 5 297 0.21 1 0.98 0.5 1.74 28406790 10 68 168 6.49 0.08 1 1.38 5 301 0.25 1 1.21 0.5 1.60 87406791 10 59 179 6.52 0.11 1 1.55 5 292 0.20 1 1.34 0.5 1.43 72406792 10 50 146 8.07 0.08 1 1.65 5 375 0.24 1 1.21 0.5 1.32 60

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SampleNumber------------406754406755406756406757406758406759406760406761406762406763406764406765406766406767406768406769406770406771406772406773406774406775406776406777406778406779406780406781406782406783406784406785406786406787406788406789406790406791406792

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------303 5 0.2 2 2 0.21 1.4 51 173 10 10 0.24 164 10 161230 5 0.2 2 2 0.15 1.3 52 151 10 10 0.27 173 10 129173 5 0.2 2 2 0.18 1.3 55 181 10 10 0.22 221 10 183249 5 0.2 2 2 0.22 1.3 54 171 10 10 0.32 220 10 157133 5 0.2 2 2 0.22 1.4 53 148 10 10 0.27 225 10 187174 5 0.2 2 2 0.19 1.4 56 167 10 10 0.27 237 10 174200 5 0.2 2 2 0.10 1.3 53 174 10 10 0.18 245 10 174244 5 0.2 2 2 0.15 1.2 49 173 10 10 0.29 225 10 176

1827 5 0.6 2 2 0.01 0.6 70 >1100 10 10 0.02 321 10 222590 5 0.2 2 2 0.15 1.5 61 230 10 10 0.40 138 10 212284 5 0.2 2 2 0.03 1.5 47 134 10 10 0.32 383 10 110

1242 5 0.2 7 2 0.11 1.8 66 343 10 10 0.21 118 10 1631851 5 0.2 8 2 0.10 2.2 90 505 10 10 0.17 169 10 145

951 5 0.2 5 2 0.07 1.6 64 278 10 10 0.16 103 10 1291379 5 0.2 5 2 0.05 1.6 76 321 10 10 0.11 91 10 64

456 5 0.2 2 2 0.04 1.4 54 151 10 13 0.21 120 10 361194 5 0.2 2 2 0.05 1.7 89 315 10 10 0.10 78 10 30

250 5 0.2 2 2 0.06 1.3 41 66 10 10 0.16 124 10 31168 5 0.2 2 2 0.04 1.1 21 39 10 10 0.04 170 10 27684 5 0.2 2 2 0.02 1.2 35 131 10 10 0.11 159 10 54308 5 0.2 2 2 0.01 1.2 34 80 10 17 0.15 175 10 60

60 5 0.2 2 2 0.01 1.4 29 41 10 10 0.14 295 10 7060 5 0.2 2 2 0.02 1.3 27 36 10 10 0.10 324 10 48

112 5 0.2 2 2 0.01 1.2 33 43 10 10 0.03 125 10 49117 5 0.2 2 2 0.05 1.3 56 52 10 10 0.19 112 10 27

72 5 0.2 2 2 0.01 1.2 37 48 10 20 0.21 443 10 39123 5 0.2 2 2 0.07 1.2 57 77 10 10 0.27 142 10 61135 5 0.2 2 2 0.10 1.4 61 109 10 10 0.29 128 10 106

1738 5 0.6 2 2 0.01 0.6 69 >1100 10 10 0.02 322 10 224279 5 0.2 2 2 0.17 1.5 69 148 10 10 0.41 98 10 59471 5 0.2 2 2 0.21 1.8 87 172 10 10 0.36 107 10 53

49 5 0.2 2 2 0.03 1.5 33 32 10 32 0.78 292 10 13121 5 0.2 2 2 0.16 1.3 63 119 10 10 0.47 121 10 78183 5 0.2 2 2 0.19 1.4 78 159 10 10 0.34 117 10 87265 5 0.2 2 2 0.17 1.4 71 170 10 10 0.38 103 10 96171 5 0.2 2 2 0.16 1.4 75 139 10 10 0.33 103 10 82148 5 0.2 3 2 0.07 1.4 67 91 10 10 0.46 112 10 40152 5 0.2 2 2 0.24 1.3 74 98 10 10 0.64 109 10 40166 5 0.2 2 2 0.26 1.7 77 168 10 10 0.54 121 10 137

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------406793 10 45 114 6.05 0.07 1 1.92 6 256 0.20 1 0.93 0.5 1.55 31406794 10 42 83 7.72 0.06 1 2.18 5 330 0.20 1 0.95 0.5 1.37 31406795 10 39 87 7.68 0.06 1 2.28 5 317 0.20 1 0.95 0.5 1.20 37406796 10 36 94 6.63 0.07 1 2.54 5 240 0.19 1 0.87 0.5 1.08 37406797 10 46 121 6.90 0.08 1 2.21 5 283 0.19 1 0.99 0.5 1.32 31406798 10 61 178 5.37 0.06 1 2.09 5 216 0.22 1 1.04 0.5 1.63 28406799 10 38 150 6.54 0.09 1 2.39 7 252 0.17 1 1.07 0.5 1.35 37406800 10 37 94 5.67 0.06 1 2.58 7 207 0.19 1 0.91 0.5 1.55 31406801 10 47 116 5.68 0.07 1 2.35 5 209 0.18 1 0.91 0.5 1.59 28406802 10 30 10 4.40 0.02 1 4.51 5 48 0.20 1 5.14 0.5 1.85 42406803 262 117 155 5.40 0.33 1 2.81 5 168 0.25 2 1.80 0.5 4.31 42406804 10 35 88 6.22 0.07 1 2.75 5 223 0.15 1 0.74 0.5 1.09 28406805 10 48 71 5.67 0.06 1 2.67 5 201 0.21 1 0.79 0.5 1.25 28406806 10 44 69 5.39 0.07 1 2.53 5 195 0.19 1 0.77 0.5 1.25 30

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SampleNumber------------406793406794406795406796406797406798406799406800406801406802406803406804406805406806

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------147 5 0.2 2 2 0.21 1.3 62 164 10 10 0.41 184 10 125127 5 0.2 2 2 0.18 1.6 68 173 10 10 0.33 217 10 190

98 5 0.2 2 2 0.20 1.6 65 169 10 10 0.34 209 10 16697 5 0.2 2 2 0.19 1.4 59 163 10 10 0.32 247 10 15198 5 0.2 2 2 0.19 1.4 64 148 10 10 0.42 199 10 15884 5 0.2 2 2 0.10 1.1 51 117 10 10 0.49 216 10 13288 5 0.2 2 2 0.20 1.4 58 130 10 10 0.50 252 10 14871 5 0.2 2 2 0.19 1.2 56 141 10 10 0.38 273 10 15282 5 0.2 2 2 0.17 1.2 58 148 10 10 0.34 253 10 131

1733 5 0.2 2 2 0.01 0.6 68 >1100 10 10 0.02 324 10 22954 5 0.2 2 2 0.01 1.2 32 52 10 18 0.34 429 10 3590 5 0.2 2 2 0.14 1.3 60 156 10 10 0.31 286 10 13597 5 0.2 2 2 0.16 1.2 56 151 10 10 0.29 268 10 14898 5 0.2 2 2 0.16 1.2 52 145 10 10 0.28 254 10 157

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ICP Geochemistry CertificateClient: Celtic Minerals LimitedGeologist: Paul Delaney Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86926 A0J 1T0

DateIn: February 29, 2008 Phone: 709-673-3909DateOut: March 12, 2008 Fax: 709-673-3408

Email:easternanalytical@nf.aibn.com------------------------------------- ---------------------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------405886 10 50 101 4.48 0.07 1 1.91 5 169 0.22 1 0.79 0.5 1.03 23405887 10 38 116 4.34 0.08 1 2.05 5 160 0.17 1 0.74 0.5 0.84 23405888 10 38 139 4.27 0.07 1 2.20 5 155 0.16 1 0.76 0.5 0.95 34405889 10 41 72 3.92 0.07 1 1.88 5 148 0.14 1 0.65 0.5 1.02 19405890 10 33 66 4.20 0.07 1 2.09 5 150 0.15 1 0.62 0.5 0.97 22405891 10 34 78 4.32 0.08 1 2.10 5 156 0.15 1 0.61 0.5 0.89 22405892 10 35 94 3.86 0.05 1 1.99 5 137 0.16 1 0.65 0.5 0.89 20405893 10 37 90 4.27 0.06 1 2.00 5 156 0.15 1 0.62 0.5 0.88 31405894 10 42 131 4.02 0.07 1 1.87 5 144 0.15 1 0.67 0.5 0.93 21405895 10 60 157 4.15 0.06 1 1.99 5 149 0.21 1 0.86 0.5 1.48 19405896 10 49 77 4.86 0.05 1 2.04 5 187 0.18 1 0.76 0.5 1.36 16405897 10 45 81 4.28 0.04 1 2.00 5 167 0.15 1 0.71 0.5 1.23 16405898 10 44 92 4.62 0.05 1 2.17 5 179 0.16 1 0.77 0.5 1.07 33405899 10 54 152 4.31 0.06 1 1.87 5 165 0.19 1 0.82 0.5 1.04 22405900 10 75 146 4.47 0.06 1 2.00 5 166 0.18 1 0.83 0.5 1.13 21405901 10 68 106 4.30 0.07 1 2.10 5 136 0.20 1 0.90 0.5 2.18 25405902 10 49 12 2.75 0.01 1 2.95 5 29 0.33 1 5.25 0.5 2.42 24405903 10 53 281 4.14 0.06 1 2.13 5 146 0.15 1 0.97 0.5 1.02 25405904 10 54 232 4.56 0.06 1 2.10 5 166 0.20 1 0.93 0.5 1.03 27405905 23 90 198 4.15 0.06 1 1.78 5 169 0.21 1 1.07 0.5 1.69 23405906 81 152 287 4.47 0.16 1 1.90 5 196 0.32 1 1.52 0.5 2.61 31

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Client:Geologist:Project:Sample:

DskFile:

DateIn: DateOut:

--------------SampleNumber--------------405886405887405888405889405890405891405892405893405894405895405896405897405898405899405900405901405902405903405904405905405906

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------

78 5 0.2 2 2 0.09 1.0 45 103 10 10 0.38 368 10 12180 5 0.2 2 2 0.10 1.0 44 101 10 10 0.41 258 10 11965 5 0.2 2 2 0.12 1.0 40 96 10 10 0.49 289 10 10881 5 0.2 2 2 0.09 0.9 40 104 10 10 0.31 232 10 10293 5 0.2 2 2 0.10 1.0 44 114 10 10 0.32 254 10 10878 5 0.2 2 2 0.10 1.0 42 106 10 10 0.32 264 10 11970 5 0.2 2 2 0.13 0.9 40 100 10 10 0.38 244 10 11573 5 0.2 2 2 0.13 1.0 41 103 10 10 0.37 264 10 12973 5 0.2 2 2 0.14 0.9 39 94 10 10 0.41 243 10 10768 5 0.2 2 2 0.14 0.9 40 87 10 10 0.45 256 10 13477 5 0.2 2 2 0.12 1.2 46 99 10 10 0.32 224 10 15571 5 0.2 2 2 0.12 1.0 42 95 10 10 0.32 210 10 15176 5 0.2 2 2 0.14 1.1 44 103 10 10 0.38 235 10 14768 5 0.2 2 2 0.16 1.0 39 88 10 10 0.41 223 10 12871 5 0.2 2 2 0.16 1.0 41 88 10 10 0.45 236 10 12954 5 0.2 2 2 0.06 1.0 34 70 10 10 0.42 380 10 110

1371 5 0.2 2 2 0.01 0.5 47 >1100 10 10 0.02 237 10 16258 5 0.2 2 2 0.19 0.9 37 80 10 10 0.66 242 10 12267 5 0.2 2 2 0.13 1.0 38 87 10 10 0.52 254 10 12475 5 0.2 2 2 0.05 1.0 35 72 10 14 0.55 213 10 10398 5 0.2 2 2 0.01 1.0 35 60 10 35 0.79 247 10 76

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------405907 36 101 222 4.34 0.07 1 2.03 5 175 0.25 1 1.12 0.5 1.94 35405908 10 65 221 3.74 0.05 1 1.83 5 138 0.19 1 0.88 0.5 1.27 24405909 10 64 194 3.84 0.06 1 1.76 5 146 0.19 1 0.83 0.5 1.16 18405910 10 101 179 3.64 0.05 1 1.80 5 148 0.25 1 1.04 0.5 1.55 22405911 10 54 106 4.32 0.04 1 1.90 5 169 0.21 1 0.76 0.5 1.02 19405912 10 47 138 4.28 0.04 1 1.95 5 161 0.16 1 0.74 0.5 0.93 31405913 10 61 146 3.77 0.06 1 1.82 5 147 0.18 1 0.82 0.5 1.22 19405914 10 99 189 3.97 0.08 1 2.22 5 148 0.23 1 0.96 0.5 1.58 25405915 54 137 231 4.47 0.16 1 1.98 5 177 0.27 1 1.19 0.5 2.27 44405916 32 101 132 5.22 0.15 1 2.13 5 216 0.22 1 0.93 0.5 1.80 37405917 63 115 184 4.35 0.19 1 1.62 5 177 0.25 1 1.05 0.5 2.10 55405918 84 160 249 4.84 0.27 1 1.76 5 206 0.28 1 1.29 0.5 2.61 54405919 94 140 357 4.69 0.24 1 1.80 5 189 0.31 1 1.40 0.5 2.55 56405920 100 166 260 4.50 0.32 1 1.75 5 185 0.28 1 1.32 0.5 2.89 60405921 91 132 363 4.36 0.24 1 1.88 5 172 0.23 1 1.41 0.5 2.62 66405922 10 51 12 2.84 0.01 1 3.11 5 30 0.35 1 >5.50 0.5 2.51 23405923 73 111 264 5.41 0.22 1 1.86 5 213 0.25 1 1.23 0.5 2.18 68405924 40 93 258 4.99 0.16 1 2.01 5 206 0.21 1 1.11 0.5 1.74 45405925 49 181 163 4.66 0.17 1 1.64 5 207 0.28 1 1.39 0.5 2.50 51405926 10 72 83 4.03 0.06 1 1.22 5 182 0.16 1 0.66 0.5 1.23 22405927 10 44 104 4.47 0.05 1 1.80 5 178 0.17 1 0.61 0.5 0.99 20405928 10 38 75 4.86 0.05 1 1.89 5 191 0.17 1 0.62 0.5 1.08 21405929 10 24 70 4.55 0.04 1 1.98 5 174 0.12 1 0.45 0.5 0.66 25405930 10 24 61 4.99 0.04 1 2.09 5 192 0.13 1 0.46 0.5 0.68 18405931 10 25 56 5.05 0.04 1 2.08 5 197 0.14 1 0.47 0.5 0.69 20405932 10 31 72 5.02 0.06 1 2.10 5 193 0.16 1 0.52 0.5 0.74 20405933 10 26 57 4.94 0.05 1 2.13 5 191 0.13 1 0.50 0.5 0.67 19405934 10 44 69 5.05 0.06 1 1.93 5 205 0.20 1 0.62 0.5 0.93 25405935 10 24 53 4.80 0.04 1 2.03 5 188 0.12 1 0.44 0.5 0.57 16405936 10 65 57 4.62 0.09 1 1.59 5 197 0.17 1 0.65 0.5 1.13 15405937 10 54 103 4.39 0.08 1 1.58 5 177 0.15 1 0.66 0.5 0.96 15405938 10 39 74 4.69 0.05 1 1.55 5 193 0.16 1 0.62 0.5 0.86 17405939 10 51 114 4.52 0.07 1 1.72 5 186 0.17 1 0.75 0.5 0.98 18405940 21 50 132 5.09 0.07 1 1.63 5 213 0.19 1 0.78 0.5 0.96 21

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SampleNumber--------------405907405908405909405910405911405912405913405914405915405916405917405918405919405920405921405922405923405924405925405926405927405928405929405930405931405932405933405934405935405936405937405938405939405940

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------91 5 0.2 2 2 0.03 1.0 39 83 10 12 0.59 266 10 11469 5 0.2 2 2 0.15 0.9 35 79 10 10 0.57 259 10 11478 5 0.2 2 2 0.17 0.9 36 82 10 10 0.49 241 10 11371 5 0.2 2 2 0.08 0.8 33 75 10 10 0.47 227 10 11972 5 0.2 2 2 0.15 1.0 38 89 10 10 0.32 234 10 14175 5 0.2 2 2 0.16 1.0 40 93 10 10 0.39 236 10 13183 5 0.2 2 2 0.10 0.9 37 88 10 10 0.42 226 10 11768 5 0.2 2 2 0.03 0.9 37 91 10 10 0.48 280 10 11468 5 0.2 2 2 0.01 1.1 33 55 10 27 0.56 290 10 6163 5 0.2 2 2 0.01 1.2 39 78 10 15 0.31 292 10 10958 5 0.2 2 2 0.01 1.0 27 46 10 30 0.40 247 10 5867 5 0.2 2 2 0.01 1.2 32 46 10 38 0.53 256 10 5065 5 0.2 2 2 0.01 1.1 32 39 10 43 0.81 226 10 5281 5 0.2 2 2 0.01 1.1 33 39 10 46 0.56 254 10 3777 5 0.2 2 2 0.01 1.1 32 38 10 44 0.85 267 10 31

1470 5 0.2 2 2 0.01 0.5 49 >1100 10 10 0.02 249 10 17273 5 0.2 2 2 0.01 1.3 33 51 10 34 0.61 274 10 5470 5 0.2 2 2 0.01 1.2 37 71 10 23 0.62 247 10 80

102 5 0.2 2 2 0.01 1.1 40 68 10 27 0.56 287 10 47120 5 0.2 2 2 0.10 1.0 45 93 10 10 0.26 177 10 82

91 5 0.2 2 2 0.12 1.1 42 93 10 10 0.28 245 10 12294 5 0.2 2 2 0.11 1.2 44 91 10 10 0.27 262 10 12193 5 0.2 2 2 0.09 1.1 44 98 10 10 0.25 251 10 117

100 5 0.2 2 2 0.09 1.2 47 109 10 10 0.24 266 10 123104 5 0.2 2 2 0.09 1.2 48 117 10 10 0.24 262 10 126100 5 0.2 2 2 0.10 1.2 47 109 10 10 0.27 271 10 125

95 5 0.2 2 2 0.09 1.2 46 107 10 10 0.26 278 10 125115 5 0.2 2 2 0.12 1.2 48 113 10 10 0.27 236 10 124101 5 0.2 2 2 0.08 1.2 47 112 10 10 0.22 247 10 116115 5 0.2 2 2 0.02 1.2 44 98 10 10 0.23 206 10 93116 5 0.2 2 2 0.08 1.1 44 93 10 10 0.31 209 10 92121 5 0.2 2 2 0.12 1.1 45 99 10 10 0.29 205 10 111125 5 0.2 2 2 0.14 1.1 46 105 10 10 0.39 221 10 102148 5 0.2 2 2 0.17 1.2 50 125 10 10 0.41 203 10 106

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------405941 25 59 178 4.93 0.08 1 1.81 5 199 0.23 1 0.92 0.5 1.11 17405942 10 50 13 2.65 0.01 1 2.98 5 29 0.33 1 5.21 0.5 2.43 24405943 10 59 107 5.12 0.07 1 1.57 5 225 0.22 1 0.80 0.5 1.07 24405944 10 35 75 4.83 0.05 1 1.97 5 192 0.15 1 0.57 0.5 0.72 20405945 10 49 89 5.12 0.04 1 1.81 5 213 0.20 1 0.71 0.5 0.87 16405946 10 42 76 4.75 0.08 1 1.95 5 187 0.17 1 0.62 0.5 0.86 20405947 10 49 124 4.06 0.09 1 2.17 5 139 0.18 1 0.69 0.5 1.05 23405948 10 37 69 4.70 0.05 1 2.20 5 159 0.15 1 0.50 0.5 0.84 29405949 10 48 75 5.49 0.04 1 1.84 5 210 0.16 1 0.56 0.5 0.95 21405950 62 66 47 5.17 0.17 1 1.73 5 180 0.27 1 1.17 0.5 3.20 34405951 10 54 85 6.13 0.07 1 2.13 5 205 0.18 1 0.66 0.5 1.22 28405952 10 26 101 5.52 0.04 1 2.63 5 165 0.13 1 0.51 0.5 0.79 33405953 10 38 70 6.85 0.07 1 2.41 5 236 0.19 1 0.61 0.5 0.88 36405954 36 185 185 5.44 0.25 1 1.46 5 236 0.34 1 1.42 0.5 2.27 23405955 10 137 84 5.51 0.12 1 1.35 5 219 0.25 1 1.03 0.5 1.65 16405956 10 75 106 5.94 0.09 1 1.77 5 236 0.26 1 0.86 0.5 1.23 20405957 10 57 72 6.49 0.07 1 1.61 5 275 0.23 1 0.76 0.5 0.97 18405958 42 >220 81 4.93 0.45 1 1.12 5 241 0.41 1 1.97 0.5 3.06 32405959 37 >220 124 4.99 0.27 1 1.50 5 233 0.41 1 1.71 0.5 2.89 23405960 10 86 100 4.36 0.07 1 1.34 5 183 0.22 1 0.85 0.5 1.32 30405961 10 64 87 4.30 0.06 1 1.37 5 183 0.23 1 0.89 0.5 1.08 21405962 10 51 11 2.54 0.01 1 3.00 5 28 0.31 1 5.14 0.5 2.42 29405963 10 41 53 6.52 0.04 1 1.90 5 279 0.19 1 0.66 0.5 0.85 26405964 10 37 55 6.25 0.05 1 1.77 5 248 0.14 1 0.60 0.5 0.81 22405965 10 45 56 5.15 0.04 1 0.98 5 236 0.17 1 0.66 0.5 1.03 22405966 10 33 24 6.81 0.03 1 1.54 5 284 0.11 1 0.44 0.5 0.70 19405967 10 45 46 6.16 0.03 1 1.25 5 274 0.17 1 0.69 0.5 1.06 24405968 10 49 116 4.92 0.05 1 1.29 5 221 0.17 1 0.81 0.5 1.13 20405969 10 47 113 6.54 0.05 1 1.16 5 282 0.14 1 0.69 0.5 0.96 22405970 10 75 95 8.11 0.05 1 1.18 5 341 0.22 1 0.98 0.5 1.12 35405971 10 159 143 6.38 0.08 1 1.37 5 272 0.35 1 1.67 0.5 1.60 32405972 10 122 145 5.53 0.06 1 1.30 5 238 0.24 1 1.26 0.5 1.63 32405973 89 >220 251 4.18 0.30 1 1.69 5 180 0.33 1 1.59 0.5 3.06 27405974 93 >220 291 4.52 0.29 1 1.71 5 190 0.36 1 1.69 0.5 3.04 32

Page 106: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

SampleNumber--------------405941405942405943405944405945405946405947405948405949405950405951405952405953405954405955405956405957405958405959405960405961405962405963405964405965405966405967405968405969405970405971405972405973405974

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------124 5 0.2 2 2 0.12 1.2 45 110 10 10 0.52 223 10 105

1328 5 0.2 2 2 0.01 0.5 47 >1100 10 10 0.03 238 10 160151 5 0.2 2 2 0.12 1.3 52 121 10 10 0.35 191 10 111127 5 0.2 2 2 0.11 1.2 50 115 10 10 0.29 244 10 111126 5 0.2 2 2 0.14 1.2 51 113 10 10 0.37 223 10 125166 5 0.2 2 2 0.10 1.2 54 132 10 10 0.31 237 10 100118 5 0.2 2 2 0.06 1.0 44 111 10 10 0.39 271 10 80217 5 0.2 2 2 0.08 1.2 57 171 10 10 0.26 279 10 113239 5 0.2 2 2 0.08 1.3 61 185 10 10 0.25 245 10 109107 5 0.2 2 2 0.01 1.3 37 68 10 11 0.19 461 10 77254 5 0.2 2 2 0.09 1.5 63 196 10 10 0.28 328 10 113246 5 0.2 2 2 0.10 1.3 61 216 10 10 0.32 371 10 103280 5 0.2 3 2 0.10 1.7 71 232 10 10 0.29 321 10 107130 5 0.2 2 2 0.01 1.3 44 74 10 22 0.43 208 10 73201 5 0.2 2 2 0.01 1.3 55 121 10 10 0.29 189 10 100182 5 0.2 2 2 0.08 1.4 55 141 10 10 0.36 243 10 116199 5 0.2 2 2 0.14 1.5 58 163 10 10 0.30 222 10 141146 5 0.2 3 2 0.01 1.2 45 71 10 18 0.20 186 10 73185 5 0.2 2 2 0.01 1.2 48 87 10 24 0.33 238 10 43220 5 0.2 2 2 0.04 1.1 49 121 10 10 0.28 190 10 87376 5 0.2 2 2 0.10 1.1 58 161 10 10 0.34 143 10 72

1380 5 0.2 2 2 0.01 0.5 48 1004 10 10 0.02 239 10 158563 5 0.2 4 2 0.09 1.6 70 225 10 10 0.22 246 10 128493 5 0.2 3 2 0.09 1.5 75 238 10 10 0.22 224 10 113700 5 0.2 3 2 0.10 1.3 63 227 10 10 0.19 139 10 112861 5 0.2 4 2 0.09 1.8 73 272 10 10 0.10 237 10 169713 5 0.2 3 2 0.10 1.5 72 247 10 10 0.18 166 10 112283 5 0.2 2 2 0.14 1.2 54 154 10 10 0.33 177 10 119422 5 0.2 3 2 0.14 1.6 68 202 10 10 0.25 189 10 156785 5 0.2 4 2 0.16 2.0 99 278 10 10 0.30 148 10 100319 5 0.2 2 2 0.14 1.5 64 145 10 10 0.49 169 10 44263 5 0.2 2 2 0.08 1.3 52 119 10 10 0.43 218 10 86102 5 0.2 2 2 0.01 1.0 33 40 10 42 0.58 294 10 39100 5 0.2 2 2 0.01 1.1 30 37 10 41 0.62 280 10 37

Page 107: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------405975 59 >220 125 4.53 0.33 1 1.52 5 219 0.42 1 1.76 0.5 3.23 29405976 10 43 37 6.68 0.04 1 1.35 5 307 0.13 1 0.55 0.5 0.91 23405977 10 55 92 7.10 0.06 1 1.42 5 289 0.17 1 0.95 0.5 1.03 24405978 10 60 158 4.81 0.05 1 1.38 5 213 0.21 1 1.01 0.5 1.11 23405979 10 39 53 5.83 0.04 1 1.54 5 247 0.17 1 0.53 0.5 0.89 25405980 10 112 133 5.95 0.06 1 1.40 5 283 0.26 1 1.24 0.5 1.68 25405981 10 68 87 6.08 0.05 1 1.30 5 261 0.20 1 0.79 0.5 1.23 18405982 10 52 11 2.65 0.01 1 3.08 5 30 0.33 1 5.33 0.5 2.51 23405983 10 74 113 4.33 0.05 1 1.22 5 200 0.20 1 0.96 0.5 1.34 23405984 10 71 65 6.46 0.09 1 1.23 5 263 0.23 1 0.89 0.5 1.38 39405985 10 49 79 5.53 0.05 1 1.63 5 245 0.17 1 0.76 0.5 1.17 25405986 10 74 71 5.49 0.07 1 1.24 5 251 0.22 1 0.86 0.5 1.50 24405987 10 148 154 5.46 0.07 1 1.35 5 251 0.31 1 1.38 0.5 1.87 34405988 10 196 114 6.57 0.07 1 1.28 5 305 0.36 1 1.71 0.5 1.81 28405989 10 114 126 5.12 0.05 1 1.26 5 238 0.25 1 1.19 0.5 1.49 46405990 10 107 83 5.95 0.06 1 1.28 5 298 0.27 1 1.22 0.5 1.56 28405991 10 118 85 6.04 0.07 1 1.13 5 306 0.29 1 1.24 0.5 1.55 23405992 10 35 38 5.37 0.03 1 1.29 5 215 0.15 1 0.51 0.5 1.02 20405993 10 26 27 6.01 0.03 1 1.59 5 228 0.12 1 0.40 0.5 0.78 17405994 10 52 54 7.62 0.04 1 1.11 5 316 0.20 1 0.79 0.5 1.46 12405995 10 70 80 6.64 0.06 1 1.12 5 307 0.23 1 0.98 0.5 1.45 32405996 10 57 80 7.44 0.04 1 1.30 5 334 0.26 1 1.04 0.5 1.48 55405997 64 82 82 5.43 0.18 1 1.70 5 188 0.25 2 1.40 0.5 3.33 52405998 10 60 45 7.10 0.13 1 1.59 7 242 0.17 1 1.10 0.5 2.87 33405999 140 >220 104 5.24 0.52 1 1.39 5 285 0.40 1 1.93 0.5 3.61 42406000 10 72 53 8.84 0.08 1 1.15 5 417 0.22 1 1.16 0.5 1.54 88406501 10 76 27 8.74 0.03 1 1.10 5 343 0.20 1 0.96 0.5 1.28 33406502 10 55 11 2.76 0.01 1 3.15 5 32 0.34 1 >5.50 0.5 2.62 23406503 10 38 22 8.37 0.03 1 1.90 5 258 0.13 1 0.57 0.5 0.84 31406504 10 54 21 9.29 0.04 1 1.78 5 246 0.16 1 0.62 0.5 1.07 27406505 10 81 51 8.23 0.07 1 1.43 5 342 0.23 1 0.90 0.5 1.23 55406506 10 128 76 7.79 0.09 1 1.27 5 408 0.29 1 1.39 0.5 1.94 54406507 10 84 45 7.46 0.09 1 1.52 5 364 0.22 1 0.98 0.5 1.53 44406508 10 101 47 5.98 0.05 1 1.59 5 247 0.18 1 0.72 0.5 1.35 20

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SampleNumber--------------405975405976405977405978405979405980405981405982405983405984405985405986405987405988405989405990405991405992405993405994405995405996405997405998405999406000406501406502406503406504406505406506406507406508

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------144 5 0.2 2 2 0.01 1.0 41 57 10 29 0.35 283 10 44467 5 0.2 3 2 0.11 1.6 61 181 10 10 0.11 246 10 142727 5 0.2 3 2 0.12 1.7 96 366 10 10 0.28 131 10 87301 5 0.2 2 2 0.11 1.1 56 156 10 10 0.48 130 10 76411 5 0.2 2 2 0.07 1.4 56 210 10 10 0.16 214 10 145207 5 0.2 2 2 0.07 1.3 60 130 10 10 0.39 192 10 77490 5 0.2 3 2 0.11 1.5 76 256 10 10 0.24 165 10 117

1362 5 0.2 2 2 0.01 0.5 49 1040 10 10 0.02 245 10 162231 5 0.2 2 2 0.09 1.0 52 139 10 10 0.43 169 10 54716 5 0.2 3 2 0.11 1.5 84 294 10 10 0.20 161 10 78298 5 0.2 2 2 0.12 1.3 60 135 10 10 0.31 213 10 103425 5 0.2 2 2 0.11 1.3 71 175 10 10 0.27 183 10 88173 5 0.2 2 2 0.03 1.2 48 80 10 10 0.42 198 10 44183 5 0.2 2 2 0.17 1.5 57 105 10 10 0.35 200 10 62191 5 0.2 2 2 0.11 1.1 54 90 10 10 0.38 167 10 35199 5 0.2 2 2 0.13 1.3 61 88 10 10 0.32 156 10 33209 5 0.2 2 2 0.11 1.4 62 86 10 10 0.27 136 10 32717 5 0.2 3 2 0.08 1.3 66 264 10 10 0.15 181 10 112798 5 0.2 4 2 0.07 1.4 70 309 10 10 0.11 208 10 128

1058 5 0.2 4 2 0.12 1.7 98 423 10 10 0.20 142 10 86524 5 0.2 3 2 0.15 1.5 82 279 10 10 0.28 120 10 48702 5 0.2 3 2 0.16 1.7 92 305 10 10 0.26 129 10 86368 5 0.2 2 2 0.01 1.3 44 130 10 23 0.55 460 10 42683 5 0.2 3 2 0.03 1.6 82 348 10 10 0.20 419 10 117220 5 0.2 2 2 0.01 1.2 47 50 10 28 0.29 161 10 34

1467 5 0.2 5 2 0.13 2.0 101 414 10 10 0.19 98 10 401194 5 0.2 4 2 0.08 2.0 116 575 10 10 0.10 94 10 1481405 5 0.2 4 2 0.01 0.5 52 1053 10 10 0.02 249 10 1671399 5 0.2 5 2 0.06 1.9 127 664 10 10 0.08 196 10 1571697 5 0.2 5 2 0.05 2.0 133 719 10 10 0.07 208 10 173

733 5 0.2 4 2 0.09 1.8 99 362 10 10 0.14 174 10 105330 5 0.2 3 2 0.10 1.7 73 121 10 10 0.27 156 10 43523 5 0.2 2 2 0.10 1.7 76 213 10 10 0.16 189 10 79831 5 0.2 3 2 0.09 1.4 74 289 10 10 0.16 198 10 116

Page 109: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406509 10 180 99 5.85 0.09 1 1.38 5 292 0.32 1 1.52 0.5 2.02 31406510 10 92 73 5.91 0.05 1 1.07 5 290 0.24 1 0.99 0.5 1.48 16406511 10 97 69 6.29 0.07 1 1.11 5 280 0.25 1 0.98 0.5 1.54 19406512 10 167 100 5.24 0.10 1 1.25 5 252 0.35 1 1.33 0.5 2.24 29406513 10 180 66 4.91 0.22 1 1.43 5 235 0.30 1 1.27 0.5 2.26 16406514 26 >220 138 4.40 0.30 1 1.24 5 227 0.43 1 1.99 0.5 3.02 34406515 10 82 97 4.97 0.07 1 1.47 5 235 0.22 1 1.11 0.5 1.63 18406516 10 29 23 5.86 0.02 1 1.57 5 255 0.13 1 0.37 0.5 0.69 9406517 10 32 34 5.80 0.04 1 1.69 5 244 0.15 1 0.41 0.5 0.76 14406518 10 32 21 5.56 0.03 1 1.69 5 238 0.13 1 0.36 0.5 0.64 14406519 10 36 31 5.57 0.04 1 1.39 5 214 0.09 1 0.43 0.5 0.77 27406520 10 40 29 7.52 0.04 1 1.07 5 303 0.14 1 0.51 0.5 0.97 13406521 10 34 35 5.69 0.03 1 1.28 5 263 0.14 1 0.48 0.5 0.83 13406522 10 52 11 2.60 0.01 1 3.05 5 30 0.33 1 5.32 0.5 2.52 23406523 10 95 52 5.61 0.04 1 1.25 5 278 0.25 1 1.11 0.5 1.43 10406524 10 170 61 4.64 0.13 1 1.32 5 226 0.28 1 1.41 0.5 2.15 23406525 10 181 57 5.40 0.11 1 1.29 5 272 0.33 1 1.53 0.5 2.08 20406526 10 >220 91 4.38 0.31 1 1.19 5 230 0.48 1 2.50 0.5 3.25 21406527 10 174 60 5.20 0.09 1 1.16 5 269 0.33 1 1.53 0.5 2.14 25406528 10 >220 76 4.86 0.21 1 1.14 5 251 0.35 1 1.81 0.5 2.68 23406529 10 95 66 5.71 0.11 1 1.19 5 274 0.23 1 0.95 0.5 1.61 20406530 10 32 27 6.09 0.04 1 1.77 5 210 0.12 1 0.37 0.5 0.73 18406531 10 31 23 5.85 0.03 1 1.71 5 230 0.16 1 0.35 0.5 0.74 28406532 10 68 32 4.40 0.05 1 1.39 5 187 0.14 1 0.60 0.5 0.95 11406533 10 186 40 5.63 0.05 1 1.42 5 252 0.27 1 1.45 0.5 1.50 23406534 10 79 24 5.94 0.02 1 2.19 5 227 0.15 1 0.66 0.5 0.77 20406535 10 55 19 6.25 0.02 1 2.63 5 206 0.14 1 0.50 0.5 0.68 23406536 10 27 24 5.97 0.03 1 2.33 5 194 0.10 1 0.34 0.5 0.51 34406537 10 29 20 5.46 0.03 1 1.83 5 199 0.11 1 0.35 0.5 0.58 22406538 10 >220 67 4.69 0.18 1 1.04 5 223 0.33 1 1.68 0.5 1.98 22406539 10 62 55 4.89 0.06 1 0.93 5 232 0.19 1 0.72 0.5 1.11 15406540 10 88 30 4.62 0.04 1 1.13 5 191 0.15 1 0.74 0.5 0.99 15406541 10 43 29 4.97 0.04 1 1.43 5 199 0.12 1 0.45 0.5 0.69 28406542 10 49 10 2.42 0.01 1 2.78 5 28 0.30 1 4.93 0.5 2.35 20

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SampleNumber--------------406509406510406511406512406513406514406515406516406517406518406519406520406521406522406523406524406525406526406527406528406529406530406531406532406533406534406535406536406537406538406539406540406541406542

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------176 5 0.2 2 2 0.04 1.3 55 86 10 10 0.32 173 10 57333 5 0.2 2 2 0.11 1.3 72 131 10 10 0.23 133 10 34557 5 0.2 3 2 0.10 1.4 68 212 10 10 0.20 160 10 109170 5 0.2 2 2 0.01 1.2 48 73 10 10 0.28 210 10 35281 5 0.2 2 2 0.01 1.1 51 97 10 10 0.19 206 10 73171 5 0.2 2 2 0.01 1.0 44 58 10 23 0.35 176 10 32265 5 0.2 2 2 0.05 1.1 56 94 10 10 0.30 181 10 47587 5 0.2 4 2 0.05 1.4 50 200 10 10 0.08 202 10 210627 5 0.2 4 2 0.05 1.4 51 203 10 10 0.11 220 10 215542 5 0.2 4 2 0.07 1.4 46 178 10 10 0.07 247 10 193824 5 0.2 4 2 0.08 1.4 62 258 10 10 0.11 217 10 158

1002 5 0.2 5 2 0.08 1.8 91 431 10 10 0.09 153 10 123418 5 0.2 3 2 0.07 1.4 47 159 10 10 0.12 172 10 180

1335 5 0.2 2 2 0.01 0.5 49 1005 10 10 0.02 243 10 163298 5 0.2 2 2 0.10 1.3 54 115 10 10 0.19 149 10 91279 5 0.2 2 2 0.01 1.1 45 94 10 10 0.22 167 10 90258 5 0.2 2 2 0.02 1.2 51 96 10 10 0.22 167 10 80148 5 0.2 2 2 0.01 0.9 42 47 10 14 0.27 178 10 35195 5 0.2 2 2 0.03 1.2 53 77 10 10 0.24 149 10 44209 5 0.2 2 2 0.01 1.0 53 78 10 10 0.28 150 10 38331 5 0.2 2 2 0.04 1.3 60 112 10 10 0.23 160 10 73757 5 0.2 4 2 0.05 1.3 56 234 10 10 0.09 243 10 152816 5 0.2 4 2 0.04 1.4 56 230 10 10 0.09 235 10 225527 5 0.2 2 2 0.05 1.1 44 156 10 10 0.11 193 10 178943 5 0.2 3 2 0.09 1.3 52 168 10 10 0.14 212 10 129713 5 0.2 4 2 0.12 1.4 52 210 10 10 0.08 346 10 229985 5 0.2 5 2 0.08 1.5 63 280 10 10 0.07 385 10 199970 5 0.2 5 2 0.08 1.5 67 310 10 10 0.08 340 10 207772 5 0.2 4 2 0.07 1.3 58 237 10 10 0.07 284 10 196296 5 0.2 2 2 0.08 1.0 53 105 10 10 0.20 148 10 59392 5 0.2 2 2 0.12 1.1 54 123 10 10 0.18 156 10 98898 5 0.2 4 2 0.10 1.1 53 239 10 10 0.10 198 10 135744 5 0.2 4 2 0.10 1.2 54 232 10 10 0.09 239 10 147

1335 5 0.2 2 2 0.01 0.5 47 954 10 10 0.02 221 10 147

Page 111: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406543 10 32 16 4.94 0.02 1 1.64 5 195 0.12 1 0.37 0.5 0.55 18406544 10 40 22 5.05 0.02 1 1.48 5 211 0.10 1 0.41 0.5 0.58 17406545 10 86 37 5.04 0.03 1 1.22 5 220 0.18 1 0.80 0.5 0.93 15406546 10 55 19 4.62 0.02 1 0.92 5 205 0.12 1 0.53 0.5 0.76 11406547 10 92 29 4.64 0.03 1 1.24 5 210 0.17 1 0.82 0.5 0.97 13406548 10 >220 35 5.12 0.12 1 1.07 5 239 0.31 1 2.03 0.5 2.05 14406549 10 125 31 6.84 0.04 1 0.84 5 308 0.20 1 1.06 0.5 1.44 15406550 10 47 19 4.95 0.03 1 1.21 5 218 0.13 1 0.47 0.5 0.67 26406551 10 47 35 5.09 0.05 1 1.33 5 221 0.12 1 0.51 0.5 0.72 14406552 10 56 36 6.10 0.04 1 1.05 5 285 0.16 1 0.63 0.5 0.92 11406553 10 66 29 4.24 0.03 1 1.29 5 191 0.16 1 0.63 0.5 0.84 11406554 10 118 67 3.99 0.11 1 1.47 5 182 0.18 1 0.96 0.5 1.70 18406555 10 >220 36 4.50 0.06 1 1.33 5 200 0.26 1 1.67 0.5 1.66 25406556 10 111 48 4.38 0.06 1 1.19 5 191 0.18 1 0.98 0.5 1.23 13406557 10 122 61 5.09 0.05 1 1.31 5 234 0.20 1 1.19 0.5 1.36 18406558 10 106 33 4.05 0.04 1 1.57 5 173 0.15 1 0.86 0.5 1.00 14406559 10 158 30 4.17 0.03 1 1.41 5 190 0.20 1 1.15 0.5 1.21 15406560 10 166 41 3.98 0.04 1 1.21 5 183 0.21 1 1.24 0.5 1.39 13406561 10 92 40 4.56 0.02 1 1.52 5 204 0.18 1 0.74 0.5 1.34 26406562 10 50 10 2.45 0.01 1 2.85 5 28 0.30 1 5.02 0.5 2.39 22406563 32 73 155 5.19 0.06 1 2.12 5 191 0.21 1 1.57 0.5 3.36 47406564 10 91 37 5.07 0.03 1 1.62 5 216 0.19 1 0.87 0.5 1.27 18406565 10 118 29 5.04 0.03 1 1.58 5 202 0.21 1 1.02 0.5 1.17 21406566 10 129 60 4.56 0.11 1 1.62 5 185 0.25 1 1.13 0.5 1.48 19406567 10 122 37 5.25 0.03 1 1.74 5 213 0.26 1 1.09 0.5 1.23 24406568 10 163 45 4.23 0.05 1 1.60 5 157 0.24 1 1.36 0.5 1.45 16406569 10 115 42 4.01 0.03 1 1.59 5 163 0.20 1 0.97 0.5 1.13 18406570 10 99 36 3.98 0.03 1 1.60 5 161 0.21 1 0.87 0.5 1.01 18406571 10 72 34 3.97 0.03 1 1.59 5 160 0.17 1 0.66 0.5 0.90 16406572 10 67 33 4.88 0.03 1 1.92 5 195 0.16 1 0.65 0.5 0.87 30406573 10 127 34 5.01 0.03 1 1.85 5 200 0.23 1 1.05 0.5 1.13 23406574 10 52 38 4.71 0.04 1 1.58 5 196 0.17 1 0.56 0.5 0.82 22406575 10 54 33 5.36 0.04 1 1.54 5 223 0.18 1 0.60 0.5 0.82 21406576 10 56 34 5.23 0.03 1 1.73 5 215 0.17 1 0.59 0.5 0.82 19

Page 112: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

SampleNumber--------------406543406544406545406546406547406548406549406550406551406552406553406554406555406556406557406558406559406560406561406562406563406564406565406566406567406568406569406570406571406572406573406574406575406576

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------721 5 0.2 5 2 0.11 1.2 47 208 10 10 0.06 279 10 174597 5 0.2 4 2 0.13 1.2 45 179 10 10 0.07 272 10 169878 5 0.2 5 2 0.15 1.2 51 204 10 10 0.12 228 10 150860 5 0.2 4 2 0.14 1.2 50 219 10 10 0.07 197 10 116771 5 0.2 3 2 0.07 1.1 45 180 10 10 0.10 176 10 131555 5 0.2 2 2 0.09 1.0 48 124 10 10 0.09 180 10 87953 5 0.2 4 2 0.09 1.5 65 260 10 10 0.09 141 10 94791 5 0.2 4 2 0.12 1.2 49 209 10 10 0.07 222 10 149742 5 0.2 5 2 0.13 1.2 50 191 10 10 0.11 240 10 143735 5 0.2 5 2 0.15 1.4 60 213 10 10 0.11 210 10 167519 5 0.2 3 2 0.07 1.0 42 151 10 10 0.10 192 10 144304 5 0.2 2 2 0.02 0.9 41 115 10 10 0.23 215 10 113275 5 0.2 2 2 0.07 0.9 43 121 10 10 0.11 199 10 112361 5 0.2 2 2 0.08 1.0 52 136 10 10 0.16 179 10 93228 5 0.2 2 2 0.11 1.1 55 118 10 10 0.22 185 10 83199 5 0.2 2 2 0.07 0.9 46 117 10 10 0.12 225 10 133313 5 0.2 2 2 0.06 0.9 45 136 10 10 0.10 202 10 127694 5 0.2 2 2 0.06 1.0 45 170 10 10 0.12 164 10 113422 5 0.2 2 2 0.05 1.1 48 145 10 10 0.09 178 10 167

1338 5 0.2 2 2 0.01 0.5 48 996 10 10 0.02 225 10 15191 5 0.2 2 2 0.13 1.1 36 56 10 13 0.99 395 10 51

807 5 0.2 3 2 0.06 1.2 52 203 10 10 0.12 192 10 167736 5 0.2 2 2 0.05 1.2 47 198 10 10 0.10 216 10 151307 5 0.2 2 2 0.08 1.0 41 135 10 10 0.19 236 10 169266 5 0.2 2 2 0.06 1.1 46 160 10 10 0.12 231 10 177480 5 0.2 2 2 0.06 1.0 52 193 10 10 0.16 211 10 135282 5 0.2 2 2 0.05 0.9 43 141 10 10 0.14 206 10 146355 5 0.2 2 2 0.06 0.9 42 149 10 10 0.12 213 10 147213 5 0.2 2 2 0.05 0.9 43 147 10 10 0.10 212 10 134307 5 0.2 2 2 0.06 1.2 48 157 10 10 0.12 255 10 157444 5 0.2 2 2 0.07 1.2 48 179 10 10 0.12 264 10 162411 5 0.2 2 2 0.07 1.2 43 166 10 10 0.14 235 10 164612 5 0.2 2 2 0.07 1.3 47 203 10 10 0.13 224 10 163290 5 0.2 2 2 0.06 1.2 49 193 10 10 0.12 240 10 187

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406577 10 67 41 5.34 0.04 1 1.72 5 212 0.19 1 0.71 0.5 0.97 28406578 10 85 34 5.07 0.03 1 1.70 5 207 0.22 1 0.81 0.5 1.01 18406579 10 98 40 4.92 0.04 1 1.63 5 206 0.24 1 0.92 0.5 1.22 22406580 10 129 74 3.79 0.05 1 1.47 5 151 0.22 1 1.18 0.5 1.43 18406581 129 83 79 4.05 0.17 1 1.82 5 128 0.18 1 1.00 0.5 3.10 40406582 10 49 10 2.45 0.01 1 3.00 5 26 0.32 1 5.16 0.5 2.40 23406583 10 183 52 4.36 0.08 1 1.20 5 202 0.27 1 1.48 0.5 1.76 20406584 10 44 32 4.19 0.04 1 1.58 5 175 0.17 1 0.50 0.5 0.83 20406585 10 68 28 4.74 0.03 1 1.62 5 207 0.19 1 0.66 0.5 0.95 21406586 10 134 35 5.01 0.03 1 1.53 5 217 0.27 1 1.14 0.5 1.29 26406587 10 50 46 4.69 0.05 1 1.63 5 196 0.18 1 0.60 0.5 0.93 21406588 10 42 53 4.45 0.07 1 1.59 5 198 0.18 1 0.58 0.5 0.99 19406589 10 31 45 4.86 0.05 1 1.89 5 193 0.15 1 0.49 0.5 0.78 21406590 10 56 38 4.76 0.04 1 1.61 5 204 0.18 1 0.63 0.5 1.01 22406591 10 43 38 5.25 0.04 1 1.40 5 232 0.20 1 0.52 0.5 0.99 26406592 10 33 35 4.73 0.04 1 1.41 5 207 0.17 1 0.46 0.5 0.80 20406593 10 48 44 3.99 0.05 1 1.25 5 185 0.17 1 0.61 0.5 1.22 15406594 10 77 36 4.31 0.04 1 1.16 5 205 0.17 1 0.60 0.5 1.34 14406595 159 66 50 3.38 0.19 1 1.70 5 117 0.18 1 0.90 0.5 3.25 28406596 10 52 40 4.19 0.04 1 1.24 5 198 0.17 1 0.58 0.5 1.22 22406597 10 56 52 4.19 0.06 1 1.30 5 194 0.20 1 0.72 0.5 1.45 15406598 64 49 132 4.06 0.15 1 1.47 5 152 0.20 1 1.04 0.5 1.77 68406599 10 38 40 4.36 0.05 1 1.87 5 172 0.17 1 0.51 0.5 1.13 19406600 10 36 39 4.24 0.04 1 1.55 5 178 0.17 1 0.50 0.5 0.94 16406601 10 37 50 4.47 0.06 1 2.22 5 165 0.15 1 0.56 0.5 0.90 21406602 10 52 12 2.76 0.01 1 3.35 5 32 0.35 1 >5.50 0.5 2.77 29406603 10 51 39 6.15 0.11 1 1.49 5 262 0.17 1 0.51 0.5 0.90 17406604 10 54 64 5.16 0.12 1 2.25 5 194 0.19 1 0.62 0.5 1.10 25406605 10 45 44 5.83 0.07 1 2.46 5 214 0.18 1 0.54 0.5 0.93 25406606 10 42 43 5.57 0.09 1 2.94 5 182 0.15 1 0.50 0.5 0.89 29406607 10 37 38 5.66 0.06 1 2.97 5 189 0.15 1 0.46 0.5 0.86 28406608 10 36 35 5.52 0.06 1 2.86 5 189 0.15 1 0.46 0.5 0.82 35406609 10 50 53 5.45 0.05 1 1.52 5 262 0.21 1 0.74 0.5 1.11 18406610 10 48 39 5.07 0.07 1 2.00 5 204 0.16 1 0.52 0.5 0.97 17

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SampleNumber--------------406577406578406579406580406581406582406583406584406585406586406587406588406589406590406591406592406593406594406595406596406597406598406599406600406601406602406603406604406605406606406607406608406609406610

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------333 5 0.2 2 2 0.07 1.3 51 201 10 10 0.16 229 10 175308 5 0.2 2 2 0.06 1.2 46 179 10 10 0.12 227 10 183469 5 0.2 2 2 0.07 1.2 47 182 10 10 0.16 217 10 171325 5 0.2 2 2 0.08 0.9 43 143 10 10 0.23 194 10 143126 5 0.2 2 2 0.01 1.0 32 61 10 16 0.26 670 10 44

1384 5 0.2 2 2 0.01 0.5 47 >1100 10 10 0.02 242 10 160400 5 0.2 2 2 0.06 1.0 44 155 10 10 0.17 169 10 113289 5 0.2 2 2 0.06 1.0 37 132 10 10 0.13 220 10 153235 5 0.2 2 2 0.07 1.2 40 134 10 10 0.12 234 10 176255 5 0.2 2 2 0.06 1.2 46 155 10 10 0.14 207 10 178199 5 0.2 2 2 0.07 1.1 43 143 10 10 0.18 220 10 171268 5 0.2 2 2 0.08 1.1 41 146 10 10 0.20 213 10 144269 5 0.2 2 2 0.08 1.2 48 156 10 10 0.19 262 10 163160 5 0.2 2 2 0.07 1.1 43 138 10 10 0.15 232 10 165393 5 0.2 2 2 0.07 1.3 47 167 10 10 0.15 192 10 185504 5 0.2 2 2 0.07 1.2 46 163 10 10 0.14 193 10 143162 5 0.2 2 2 0.06 1.0 48 121 10 10 0.18 164 10 120172 5 0.2 2 2 0.06 1.1 49 130 10 10 0.15 153 10 131

65 5 0.2 2 2 0.01 0.9 28 43 10 19 0.18 660 10 41157 5 0.2 2 2 0.07 1.0 47 135 10 10 0.17 154 10 136173 5 0.2 2 2 0.08 1.0 49 140 10 10 0.22 172 10 141

32 5 0.2 2 2 0.01 1.0 29 26 10 24 0.59 204 10 17117 5 0.2 2 2 0.06 1.0 44 130 10 10 0.16 260 10 168146 5 0.2 2 2 0.07 1.0 43 133 10 10 0.15 205 10 154134 5 0.2 2 2 0.07 1.0 44 135 10 10 0.21 299 10 121

1490 5 0.2 2 2 0.01 0.5 50 >1100 10 10 0.03 274 10 175460 5 0.2 2 2 0.05 1.4 49 195 10 10 0.11 208 10 149173 5 0.2 2 2 0.07 1.2 51 162 10 10 0.24 307 10 136241 5 0.2 2 2 0.07 1.4 61 227 10 10 0.19 319 10 151152 5 0.2 2 2 0.06 1.2 55 184 10 10 0.18 404 10 147157 5 0.2 2 2 0.06 1.3 55 188 10 10 0.16 397 10 155144 5 0.2 2 2 0.06 1.3 54 170 10 10 0.15 380 10 156154 5 0.2 2 2 0.11 1.2 55 135 10 10 0.23 196 10 97102 5 0.2 2 2 0.07 1.2 48 125 10 10 0.16 266 10 138

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406611 10 41 38 4.87 0.07 1 2.47 5 176 0.17 1 0.51 0.5 0.96 22406612 10 69 63 4.07 0.10 1 2.12 5 152 0.19 1 0.72 0.5 1.12 19406613 10 93 75 5.13 0.14 1 2.41 5 200 0.22 1 0.83 0.5 1.30 30406614 10 65 38 5.44 0.14 1 3.09 5 182 0.17 1 0.58 0.5 1.11 30406615 10 57 59 5.48 0.07 1 2.76 5 193 0.18 1 0.56 0.5 0.89 25406616 10 50 41 5.50 0.08 1 3.07 5 188 0.18 1 0.55 0.5 0.94 27406617 10 63 63 5.51 0.13 1 2.78 5 190 0.18 1 0.63 0.5 1.13 27406618 10 64 99 5.16 0.10 1 2.90 5 174 0.19 1 0.68 0.5 1.17 42406619 10 71 40 5.32 0.12 1 2.69 5 192 0.17 1 0.62 0.5 1.19 22406620 10 51 41 5.86 0.08 1 3.07 5 213 0.20 1 0.59 0.5 1.01 30406621 10 69 55 5.46 0.10 1 2.72 5 193 0.17 1 0.61 0.5 1.15 26406622 10 55 12 2.88 0.01 1 3.32 5 33 0.36 1 >5.50 0.5 2.72 29406623 10 81 57 5.68 0.12 1 2.61 5 200 0.24 1 0.73 0.5 1.19 26406624 10 85 64 5.13 0.15 1 2.33 5 185 0.21 1 0.67 0.5 1.37 28406625 10 77 51 5.74 0.15 1 2.74 5 212 0.20 1 0.64 0.5 1.18 28406626 10 83 46 5.08 0.10 1 2.92 5 171 0.18 1 0.71 0.5 1.19 30406627 10 59 47 4.80 0.09 1 2.70 5 167 0.19 1 0.59 0.5 1.01 30406628 10 47 52 4.58 0.10 1 2.63 5 153 0.14 1 0.52 0.5 0.88 27406629 10 76 73 4.70 0.13 1 2.45 5 177 0.19 1 0.68 0.5 1.26 25406630 10 65 59 5.49 0.12 1 2.83 5 203 0.19 1 0.63 0.5 1.11 26406631 10 74 59 4.66 0.11 1 2.42 5 168 0.19 1 0.70 0.5 1.44 22406632 10 86 76 5.00 0.12 1 2.54 5 188 0.20 1 0.74 0.5 1.34 30406633 10 57 60 5.46 0.10 1 2.36 5 216 0.18 1 0.60 0.5 0.98 21406634 10 63 44 6.08 0.08 1 2.55 5 241 0.20 1 0.63 0.5 0.94 23406635 10 79 73 5.17 0.12 1 2.36 5 196 0.17 1 0.72 0.5 1.26 25406636 10 91 55 5.58 0.10 1 2.72 5 205 0.22 1 0.78 0.5 1.26 24406637 10 59 50 4.82 0.08 1 2.26 5 187 0.16 1 0.62 0.5 1.31 22406638 61 54 161 6.93 0.08 1 1.94 5 197 0.17 1 1.47 0.5 2.91 74406639 10 71 53 5.41 0.08 1 2.61 5 203 0.21 1 0.71 0.5 1.30 32406640 10 95 56 5.45 0.12 1 2.62 5 209 0.19 1 0.78 0.5 1.23 25406641 10 181 71 5.15 0.13 1 2.51 5 176 0.17 1 0.73 0.5 1.51 27406642 10 54 12 2.68 0.01 1 3.18 5 30 0.34 1 >5.50 0.5 2.61 26406643 27 >220 132 4.67 0.13 1 2.13 5 216 0.39 1 1.71 0.5 3.15 23406644 10 127 53 5.75 0.12 1 1.60 5 273 0.25 1 1.01 0.5 1.68 23

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SampleNumber--------------406611406612406613406614406615406616406617406618406619406620406621406622406623406624406625406626406627406628406629406630406631406632406633406634406635406636406637406638406639406640406641406642406643406644

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------64 5 0.2 2 2 0.06 1.1 43 120 10 10 0.17 338 10 14577 5 0.2 2 2 0.08 0.9 40 106 10 10 0.24 281 10 12983 5 0.2 2 2 0.04 1.1 44 120 10 10 0.24 332 10 14067 5 0.2 2 2 0.05 1.2 47 138 10 10 0.15 426 10 16466 5 0.2 2 2 0.08 1.2 45 129 10 10 0.22 385 10 16872 5 0.2 2 2 0.07 1.2 46 143 10 10 0.18 409 10 16993 5 0.2 2 2 0.07 1.2 47 135 10 10 0.25 389 10 15297 5 0.2 5 2 0.05 1.2 43 135 10 10 0.32 415 10 168

107 5 0.2 2 2 0.05 1.2 48 139 10 10 0.15 361 10 14390 5 0.2 2 2 0.06 1.3 48 151 10 10 0.17 416 10 18688 5 0.2 2 2 0.07 1.2 45 137 10 10 0.19 416 10 144

1477 5 0.2 2 2 0.01 0.5 51 >1100 10 10 0.03 267 10 18190 5 0.2 2 2 0.09 1.3 44 148 10 10 0.21 408 10 17583 5 0.2 2 2 0.03 1.1 40 118 10 10 0.21 374 10 12388 5 0.2 2 2 0.07 1.3 45 146 10 10 0.19 397 10 166

108 5 0.2 2 2 0.07 1.1 47 156 10 10 0.18 409 10 13499 5 0.2 2 2 0.07 1.1 44 144 10 10 0.19 365 10 14894 5 0.2 2 2 0.08 1.0 43 138 10 10 0.21 359 10 12590 5 0.2 2 2 0.04 1.1 42 124 10 10 0.24 339 10 12885 5 0.2 2 2 0.08 1.2 47 139 10 10 0.21 392 10 14173 5 0.2 2 2 0.08 1.0 43 127 10 10 0.22 348 10 13879 5 0.2 2 2 0.04 1.1 44 137 10 10 0.25 361 10 13288 5 0.2 2 2 0.09 1.2 47 145 10 10 0.21 339 10 13378 5 0.2 2 2 0.08 1.4 49 150 10 10 0.16 364 10 15274 5 0.2 2 2 0.06 1.1 44 120 10 10 0.24 366 10 13073 5 0.2 2 2 0.08 1.2 49 144 10 10 0.19 394 10 14774 5 0.2 2 2 0.07 1.1 46 131 10 10 0.19 323 10 13440 5 0.2 2 2 0.06 1.3 31 33 10 24 0.86 393 10 1566 5 0.2 2 2 0.08 1.3 48 132 10 10 0.20 389 10 17080 5 0.2 2 2 0.07 1.3 48 145 10 10 0.19 378 10 15570 5 0.2 2 2 0.05 1.2 43 121 10 10 0.22 445 10 138

1400 5 0.2 2 2 0.01 0.5 49 >1100 10 10 0.02 258 10 17186 5 0.2 2 2 0.01 1.1 42 85 10 15 0.41 343 10 87

119 5 0.2 2 2 0.06 1.4 53 124 10 10 0.18 234 10 117

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406645 10 >220 95 5.05 0.18 1 1.29 5 254 0.47 1 2.56 0.5 2.84 19406646 10 >220 113 4.96 0.17 1 1.30 5 239 0.44 1 2.25 0.5 2.90 30406647 129 >220 142 5.40 0.20 1 1.82 5 267 >0.50 1 2.36 0.5 3.58 36406648 10 >220 76 5.29 0.21 1 1.64 5 247 0.35 1 1.71 0.5 2.79 24406649 10 65 38 5.24 0.05 1 1.85 5 236 0.17 1 0.74 0.5 1.52 27406650 66 100 240 5.47 0.10 1 3.11 5 224 0.24 1 1.97 0.5 2.54 63406651 10 80 47 5.15 0.08 1 1.82 5 223 0.17 1 0.78 0.5 1.39 21406652 15 193 89 5.13 0.15 1 1.84 5 234 0.33 1 1.30 0.5 2.67 25406653 16 192 142 4.72 0.11 1 1.76 5 223 0.35 1 1.53 0.5 2.83 31406654 248 91 191 5.19 0.07 1 1.93 5 196 0.27 1 1.51 0.5 3.94 61406655 135 >220 121 5.27 0.25 1 1.93 5 260 0.49 1 2.00 0.5 3.71 27406656 133 64 142 5.01 0.07 1 2.11 5 207 0.22 1 1.59 0.5 3.34 44406657 172 >220 137 4.77 0.29 1 2.18 5 223 >0.50 1 2.29 0.5 4.48 32406658 206 >220 154 4.88 0.25 1 2.02 5 244 >0.50 1 2.00 0.5 3.97 53406659 160 >220 147 4.79 0.21 1 1.83 5 235 0.45 1 1.88 0.5 3.53 29406660 10 83 46 5.09 0.08 1 2.02 5 201 0.15 1 0.69 0.5 1.15 21406661 10 54 41 5.50 0.05 1 2.72 5 202 0.14 1 0.56 0.5 1.13 22406662 10 55 13 2.75 0.01 1 3.26 5 32 0.35 1 >5.50 0.5 2.69 24406663 10 82 42 5.82 0.10 1 2.18 5 223 0.17 1 0.78 0.5 1.77 27406664 10 125 64 5.53 0.07 1 1.43 5 264 0.23 1 1.18 0.5 1.84 10406665 10 73 63 5.72 0.05 1 1.53 5 273 0.25 1 0.88 0.5 1.53 30406666 10 73 43 5.79 0.08 1 1.91 5 251 0.21 1 0.90 0.5 1.67 20406667 10 60 50 5.87 0.06 1 1.87 5 264 0.20 1 0.67 0.5 1.15 22406668 10 38 46 5.29 0.04 1 2.32 5 219 0.19 1 0.57 0.5 0.95 29406669 10 40 35 5.45 0.04 1 2.47 5 223 0.16 1 0.50 0.5 0.91 27406670 10 52 49 5.02 0.05 1 2.34 5 202 0.15 1 0.62 0.5 1.34 24406671 112 100 99 5.14 0.25 1 2.47 5 162 0.18 1 1.46 0.5 4.17 54406672 10 87 62 6.43 0.13 1 1.73 5 286 0.22 1 0.88 0.5 1.67 31406673 10 46 62 7.29 0.05 1 2.54 5 300 0.18 1 0.66 0.5 1.01 27406674 10 79 60 5.72 0.12 1 1.96 5 243 0.23 1 0.69 0.5 1.40 23406675 10 33 65 5.39 0.04 1 2.42 5 216 0.18 1 0.52 0.5 0.91 29406676 10 36 54 5.74 0.03 1 2.21 5 247 0.18 1 0.54 0.5 0.87 17406677 10 54 45 5.51 0.03 1 2.28 5 226 0.17 1 0.64 0.5 1.04 16406678 10 46 47 6.29 0.04 1 2.37 5 243 0.16 1 0.60 0.5 0.90 18

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SampleNumber--------------406645406646406647406648406649406650406651406652406653406654406655406656406657406658406659406660406661406662406663406664406665406666406667406668406669406670406671406672406673406674406675406676406677406678

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------118 5 0.2 2 2 0.01 1.1 45 79 10 10 0.26 201 10 63109 5 0.2 2 2 0.01 1.1 45 66 10 11 0.37 208 10 64104 5 0.2 2 2 0.01 1.2 46 57 10 19 0.46 300 10 49

99 5 0.2 2 2 0.01 1.2 48 85 10 10 0.23 248 10 89103 5 0.2 2 2 0.07 1.2 55 131 10 10 0.14 265 10 145

62 5 0.2 2 2 0.04 1.2 36 47 10 16 1.01 392 10 2199 5 0.2 2 2 0.07 1.2 50 129 10 10 0.16 249 10 12277 5 0.2 2 2 0.01 1.2 41 81 10 12 0.28 298 10 9990 5 0.2 2 2 0.01 1.1 43 75 10 15 0.45 288 10 7052 5 0.2 2 2 0.08 1.3 33 46 10 26 0.81 619 10 34

102 5 0.2 2 2 0.01 1.2 47 61 10 22 0.38 335 10 3752 5 0.2 2 2 0.07 1.2 31 30 10 21 0.99 382 10 1556 5 0.2 2 2 0.01 1.1 40 34 10 26 0.41 455 10 3551 5 0.2 2 2 0.01 1.2 36 29 10 36 0.41 378 10 3388 5 0.2 2 2 0.01 1.2 40 56 10 28 0.42 341 10 50

102 5 0.2 2 2 0.06 1.2 46 119 10 10 0.16 301 10 12398 5 0.2 2 2 0.07 1.3 51 140 10 10 0.16 375 10 162

1409 5 0.2 4 2 0.01 0.5 51 >1100 10 10 0.03 265 10 174138 5 0.2 2 2 0.05 1.4 55 152 10 10 0.16 411 10 141175 5 0.2 2 2 0.12 1.3 61 146 10 10 0.23 204 10 101177 5 0.2 2 2 0.11 1.4 61 137 10 10 0.24 207 10 122152 5 0.2 2 2 0.07 1.4 60 130 10 10 0.19 330 10 95148 5 0.2 2 2 0.10 1.4 55 147 10 10 0.19 260 10 136113 5 0.2 2 2 0.09 1.2 49 131 10 10 0.22 304 10 154126 5 0.2 2 2 0.06 1.3 52 140 10 10 0.15 319 10 162112 5 0.2 2 2 0.07 1.2 48 119 10 10 0.21 331 10 135

52 5 0.2 2 2 0.01 1.3 31 49 10 10 0.54 872 10 37277 5 0.2 2 2 0.07 1.5 70 194 10 10 0.22 218 10 102309 5 0.2 3 2 0.10 1.7 64 183 10 10 0.25 352 10 185171 5 0.2 2 2 0.04 1.4 49 137 10 10 0.20 298 10 147171 5 0.2 2 2 0.10 1.3 53 159 10 10 0.23 311 10 160148 5 0.2 2 2 0.09 1.4 54 176 10 10 0.21 278 10 164144 5 0.2 2 2 0.09 1.2 53 170 10 10 0.21 289 10 144133 5 0.2 2 2 0.10 1.3 56 174 10 10 0.21 302 10 150

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406679 10 43 39 5.88 0.04 1 2.08 5 253 0.18 1 0.56 0.5 0.86 18406680 10 52 47 5.55 0.04 1 1.72 5 247 0.18 1 0.63 0.5 0.94 21406681 10 59 22 8.23 0.04 1 1.12 5 279 0.17 1 0.56 0.5 0.86 11406682 10 54 12 2.71 0.01 1 3.16 5 33 0.34 1 >5.50 0.5 2.63 24406683 10 35 36 5.63 0.03 1 2.12 5 228 0.16 1 0.47 0.5 0.74 17406684 10 35 38 5.72 0.04 1 2.21 5 220 0.18 1 0.49 0.5 0.81 18406685 10 41 38 5.60 0.04 1 2.09 5 248 0.21 1 0.52 0.5 0.93 24406686 10 70 43 5.33 0.06 1 1.95 5 221 0.17 1 0.72 0.5 1.45 14406687 10 58 67 5.30 0.07 1 1.97 5 228 0.20 1 0.75 0.5 1.64 21406688 10 44 35 5.65 0.03 1 2.07 5 244 0.16 1 0.59 0.5 1.02 16

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SampleNumber--------------406679406680406681406682406683406684406685406686406687406688

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -----------179 5 0.2 2 2 0.09 1.3 60 194 10 10 0.16 265 10 142172 5 0.2 2 2 0.09 1.2 61 184 10 10 0.17 214 10 124999 5 0.2 4 2 0.09 1.9 126 532 10 10 0.07 153 10 134

1349 5 0.2 2 2 0.01 0.5 50 >1100 10 10 0.03 256 10 169513 5 0.2 2 2 0.08 1.3 56 205 10 10 0.15 268 10 155277 5 0.2 2 2 0.08 1.2 50 171 10 10 0.16 286 10 143140 5 0.2 2 2 0.08 1.3 50 145 10 10 0.15 269 10 161209 5 0.2 2 2 0.08 1.2 56 148 10 10 0.17 252 10 129158 5 0.2 2 2 0.10 1.2 50 127 10 10 0.27 270 10 128135 5 0.2 2 2 0.08 1.3 51 140 10 10 0.19 261 10 143

Page 121: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

ICP Geochemistry CertificateClient: Celtic Minerals Ltd.GeologisMark Graves Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86900 A0J 1T0

DateIn: February 18, 2008 Phone: 709-673-3909DateOut March 04, 2008 Fax: 709-673-3408

Email:[email protected] ----------------------- ---------- ------------------------ ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405775 10 52 124 4.96 0.06 1 1.36 5 186 0.31 1 1.19 0.5 0.83 22405776 10 58 149 5.26 0.07 1 2.00 5 183 0.16 1 0.84 0.5 0.77 24405777 10 64 151 5.78 0.05 1 1.74 5 223 0.21 1 0.98 0.5 0.79 30405778 10 72 120 5.98 0.07 1 1.80 5 225 0.25 1 0.94 0.5 0.98 16405779 10 41 127 5.27 0.07 1 1.42 5 176 0.16 1 0.76 0.5 0.69 14405780 10 46 138 5.21 0.08 1 1.58 5 174 0.16 1 0.71 0.5 0.73 15405781 10 53 98 3.91 0.22 1 0.95 5 52 0.21 1 0.56 0.5 0.94 24405782 10 44 12 2.51 0.01 1 2.65 5 27 0.28 1 4.68 0.5 2.14 27405783 10 45 92 3.59 0.19 1 1.05 5 71 0.20 1 0.62 0.5 0.93 22405784 10 40 142 4.04 0.13 1 1.25 5 101 0.19 1 0.74 0.5 0.95 24405785 10 45 136 4.17 0.18 1 1.35 5 92 0.19 1 0.65 0.5 0.90 26405786 10 43 183 5.80 0.10 1 1.87 5 193 0.18 1 0.79 0.5 0.73 13405787 10 52 186 4.85 0.12 1 1.76 5 175 0.15 1 0.83 0.5 0.80 29405788 10 48 198 4.35 0.12 1 1.43 5 118 0.18 1 0.87 0.5 1.02 21405789 10 50 175 4.22 0.14 1 1.27 5 106 0.21 1 0.88 0.5 1.06 23405790 10 46 145 4.68 0.08 1 1.68 5 152 0.19 1 0.75 0.5 0.88 25405791 10 45 154 7.73 0.11 1 2.26 5 288 0.18 1 0.81 0.5 0.71 16405792 10 37 133 4.90 0.07 1 1.91 5 183 0.16 1 0.78 0.5 0.61 10405793 10 47 116 4.17 0.17 1 1.25 5 111 0.18 1 0.61 0.5 0.97 19405794 10 48 159 4.82 0.08 1 1.97 5 183 0.19 1 0.86 0.5 0.85 14405795 10 45 155 4.28 0.08 1 1.95 5 147 0.16 1 0.80 0.5 0.66 10405796 10 47 171 4.63 0.07 1 2.13 5 156 0.18 1 0.78 0.5 0.62 31405797 10 69 197 4.41 0.09 1 2.09 5 149 0.18 1 0.84 0.5 0.75 10405798 10 47 175 4.58 0.07 1 1.95 5 172 0.17 1 0.90 0.5 0.79 14405799 10 43 144 4.50 0.09 1 1.99 5 169 0.16 1 0.85 0.5 0.78 10405800 10 65 146 4.28 0.07 1 1.80 5 166 0.20 1 0.89 0.5 0.78 8

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Client:GeologisProject:Sample:

DskFile:

DateIn: DateOut

-----------SampleNumber------------405775405776405777405778405779405780405781405782405783405784405785405786405787405788405789405790405791405792405793405794405795405796405797405798405799405800

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------

50 5 0.2 11 2 0.14 0.9 34 92 10 10 0.43 239 10 14890 5 0.2 3 2 0.09 0.9 49 123 10 10 0.46 264 10 13371 5 0.2 2 2 0.10 1.0 49 104 10 10 0.53 216 10 14058 5 0.2 2 2 0.05 1.1 44 109 10 10 0.46 240 10 15183 5 0.2 3 2 0.10 1.0 47 112 10 10 0.47 179 10 9775 5 0.2 2 2 0.07 1.0 44 114 10 10 0.44 195 10 11566 5 0.2 2 2 0.04 0.8 37 98 10 22 0.25 108 10 75

1198 5 0.2 17 2 0.01 0.5 44 928 10 10 0.03 219 10 14151 5 0.2 2 2 0.04 0.7 30 84 10 22 0.32 121 10 8251 5 0.2 2 2 0.05 0.8 35 89 10 19 0.50 143 10 8275 5 0.2 2 2 0.05 0.8 39 117 10 18 0.40 151 10 10365 5 0.2 2 2 0.13 1.0 45 131 10 10 0.55 208 10 13862 5 0.2 3 2 0.14 0.9 45 104 10 10 0.56 204 10 10348 5 0.2 2 2 0.05 0.8 32 70 10 22 0.65 220 10 7946 5 0.2 2 2 0.05 0.8 31 67 10 24 0.58 198 10 7647 5 0.2 2 2 0.07 0.9 35 84 10 13 0.51 278 10 90

115 5 0.2 4 2 0.15 1.4 63 163 10 10 0.55 286 10 14962 5 0.2 2 2 0.21 0.9 45 114 10 10 0.51 284 10 11278 5 0.2 2 2 0.04 0.8 37 79 10 18 0.36 208 10 9362 5 0.2 2 2 0.14 0.9 43 109 10 10 0.57 242 10 11477 5 0.2 2 2 0.17 0.8 44 113 10 10 0.54 227 10 11475 5 0.2 2 2 0.18 0.9 45 127 10 10 0.53 250 10 12769 5 0.2 2 2 0.17 0.8 42 126 10 10 0.60 232 10 13752 5 0.2 3 2 0.14 0.9 40 114 10 10 0.65 211 10 11361 5 0.2 2 2 0.14 0.8 44 108 10 10 0.62 223 10 10663 5 0.2 2 2 0.16 0.8 42 100 10 10 0.57 196 10 105

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405801 10 52 147 4.32 0.08 1 1.94 5 157 0.18 1 0.84 0.5 0.74 30405802 10 44 11 2.63 0.01 1 2.68 5 25 0.29 1 4.90 0.5 2.19 23405803 10 57 183 4.28 0.07 1 1.71 5 158 0.18 1 0.98 0.5 0.74 9405804 11 114 73 4.68 0.14 1 1.72 5 109 0.30 1 1.46 0.5 3.02 19405805 10 54 172 4.39 0.06 1 1.72 5 162 0.19 1 0.97 0.5 0.90 8405806 10 64 166 4.65 0.06 1 1.73 5 189 0.23 1 1.09 0.5 0.92 27405807 10 48 144 5.03 0.10 1 1.98 5 174 0.16 1 0.74 0.5 0.68 16405808 10 43 137 4.47 0.10 1 1.67 5 162 0.16 1 0.75 0.5 0.78 13405809 10 42 161 4.62 0.07 1 1.50 5 180 0.17 1 0.84 0.5 0.65 7405810 10 37 82 5.09 0.05 1 1.28 5 199 0.16 1 0.58 0.5 0.55 9405811 10 53 84 5.18 0.06 1 1.34 5 203 0.15 1 0.71 0.5 0.60 9405812 10 60 71 5.10 0.06 1 1.45 5 192 0.13 1 0.68 0.5 0.61 12405813 10 42 70 5.34 0.06 1 1.54 5 204 0.14 1 0.62 0.5 0.56 24405814 10 43 71 4.57 0.06 1 1.58 5 166 0.14 1 0.65 0.5 0.58 14405815 10 96 176 5.36 0.07 1 1.46 5 219 0.24 1 1.17 0.5 1.09 13405816 10 28 61 4.86 0.03 1 1.42 5 185 0.12 1 0.53 0.5 0.47 9405817 10 34 128 7.70 0.06 1 1.50 5 288 0.14 1 0.72 0.5 0.47 17405818 10 67 217 5.90 0.08 1 1.10 5 220 0.18 1 0.95 0.5 1.10 50405819 10 78 81 5.25 0.06 1 1.36 5 201 0.17 1 0.87 0.5 0.76 13405820 10 90 69 5.43 0.06 1 1.44 5 210 0.16 1 0.94 0.5 0.73 15405821 10 80 49 7.76 0.04 1 1.62 5 277 0.15 1 0.84 0.5 0.63 10405822 10 46 12 2.68 0.01 1 2.77 5 28 0.30 1 4.89 0.5 2.21 23405823 10 119 48 6.54 0.14 1 1.74 5 258 0.19 1 1.00 0.5 1.01 27405824 10 123 56 6.67 0.14 1 1.71 5 259 0.19 1 1.05 0.5 1.19 15405825 10 125 65 6.33 0.13 1 1.70 5 238 0.21 1 0.89 0.5 1.14 17405826 10 112 64 5.62 0.11 1 1.69 5 207 0.19 1 0.98 0.5 1.11 16405827 10 80 51 5.21 0.12 1 1.65 5 191 0.15 1 0.74 0.5 0.86 11405828 10 110 50 5.09 0.12 1 1.77 5 179 0.21 1 0.93 0.5 1.13 14405829 10 144 35 9.97 0.14 1 3.42 5 271 0.19 1 1.05 0.5 0.98 27405830 10 140 63 6.47 0.17 1 3.16 5 204 0.21 1 1.00 0.5 1.27 26405831 10 149 70 6.80 0.12 1 2.23 5 239 0.24 1 1.14 0.5 1.13 20405832 10 119 64 5.88 0.14 1 2.28 5 202 0.22 1 0.99 0.5 0.96 28405833 10 91 66 5.65 0.12 1 2.04 5 202 0.21 1 0.81 0.5 0.81 22405834 10 72 68 6.25 0.11 1 2.01 5 216 0.15 1 0.72 0.5 0.70 18405835 10 95 54 5.64 0.16 1 2.27 5 194 0.15 1 0.73 0.5 0.94 24405836 10 106 58 7.12 0.11 1 2.27 5 240 0.18 1 0.83 0.5 0.78 23405837 10 116 61 6.59 0.13 1 2.36 5 207 0.18 1 0.87 0.5 0.84 37405838 10 98 63 7.88 0.12 1 2.41 5 267 0.19 1 0.81 0.5 0.93 30405839 10 54 93 6.36 0.09 1 1.67 5 240 0.16 1 0.73 0.5 0.62 23

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SampleNumber------------405801405802405803405804405805405806405807405808405809405810405811405812405813405814405815405816405817405818405819405820405821405822405823405824405825405826405827405828405829405830405831405832405833405834405835405836405837405838405839

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------58 5 0.2 2 2 0.16 0.8 42 100 10 10 0.52 235 10 111

1268 5 0.2 14 2 0.01 0.5 44 962 10 10 0.02 219 10 14558 5 0.2 2 2 0.22 0.8 39 107 10 10 0.61 198 10 9721 5 0.2 2 2 0.07 0.9 22 37 10 10 0.25 655 10 4257 5 0.2 2 2 0.17 0.8 39 103 10 10 0.62 197 10 10250 5 0.2 2 2 0.18 0.8 38 95 10 10 0.66 188 10 11373 5 0.2 2 2 0.16 1.0 43 120 10 10 0.47 279 10 10680 5 0.2 2 2 0.11 0.9 41 102 10 10 0.48 201 10 11381 5 0.2 2 2 0.21 0.9 43 104 10 10 0.55 165 10 10487 5 0.2 2 2 0.19 1.0 49 122 10 10 0.31 161 10 10789 5 0.2 2 2 0.17 1.0 46 119 10 10 0.28 179 10 8391 5 0.2 2 2 0.12 1.0 46 117 10 10 0.23 176 10 8886 5 0.2 2 2 0.14 1.0 47 117 10 10 0.27 189 10 9276 5 0.2 2 2 0.16 0.9 43 101 10 10 0.28 207 10 9189 5 0.2 2 2 0.13 1.0 47 99 10 10 0.54 184 10 7682 5 0.2 2 2 0.18 0.9 45 116 10 10 0.28 207 10 110

107 5 0.2 3 2 0.31 1.5 66 149 10 10 0.47 313 10 11770 5 0.2 2 2 0.04 1.1 39 70 10 21 0.57 196 10 5488 5 0.2 2 2 0.16 1.0 46 128 10 10 0.25 199 10 9286 5 0.2 2 2 0.15 1.0 45 118 10 10 0.24 211 10 100

118 5 0.2 2 2 0.13 1.3 57 154 10 10 0.17 232 10 1031266 5 0.2 5 2 0.01 0.5 45 1003 10 10 0.03 228 10 147

112 5 0.2 2 2 0.09 1.3 51 142 10 10 0.16 246 10 117141 5 0.2 2 2 0.04 1.3 55 150 10 10 0.20 199 10 112137 5 0.2 3 2 0.02 1.2 53 146 10 10 0.23 209 10 113126 5 0.2 2 2 0.04 1.1 49 137 10 10 0.21 220 10 102104 5 0.2 2 2 0.06 1.1 50 133 10 10 0.17 197 10 105

89 5 0.2 2 2 0.07 1.0 43 116 10 10 0.15 255 10 97354 5 0.2 3 2 0.07 2.0 106 302 10 10 0.10 460 10 181

66 5 0.2 2 2 0.02 1.2 49 126 10 10 0.19 441 10 162109 5 0.2 2 2 0.06 1.3 52 142 10 10 0.22 317 10 135

64 5 0.2 2 2 0.10 1.1 44 123 10 10 0.19 319 10 12564 5 0.2 2 2 0.11 1.1 42 127 10 10 0.22 309 10 128

136 5 0.2 2 2 0.12 1.2 57 163 10 10 0.23 299 10 11964 5 0.2 2 2 0.09 1.1 44 126 10 10 0.16 366 10 11777 5 0.2 2 2 0.15 1.3 50 142 10 10 0.18 377 10 120

164 5 0.2 2 2 0.15 1.3 60 164 10 10 0.18 401 10 116187 5 0.2 2 2 0.14 1.5 69 214 10 10 0.21 444 10 136

94 5 0.2 2 2 0.23 1.2 52 130 10 10 0.34 310 10 93

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405840 10 45 86 6.07 0.09 1 1.47 5 243 0.18 1 0.73 0.5 0.66 21405841 10 61 85 5.70 0.07 1 1.39 5 220 0.19 1 0.81 0.5 0.68 17405842 10 50 14 2.96 0.02 1 3.03 5 33 0.33 1 5.45 0.5 2.43 27405843 10 60 118 5.48 0.07 1 1.37 5 212 0.18 1 0.90 0.5 0.70 16405844 10 71 83 6.33 0.07 1 1.33 5 255 0.19 1 0.89 0.5 0.73 12405845 10 65 83 6.81 0.06 1 1.13 5 290 0.21 1 0.84 0.5 0.70 12405846 10 52 91 6.27 0.06 1 1.25 5 257 0.16 1 0.73 0.5 0.57 13405847 10 41 119 6.41 0.07 1 1.36 5 221 0.19 1 0.74 0.5 0.58 26405848 10 43 82 6.77 0.07 1 1.17 5 244 0.19 1 0.68 0.5 0.58 22405849 10 50 83 6.85 0.07 1 1.18 5 253 0.18 1 0.71 0.5 0.66 31405850 10 62 100 6.36 0.09 1 1.30 5 221 0.18 1 0.82 0.5 0.76 21405851 10 65 90 6.80 0.09 1 1.38 5 244 0.20 1 0.82 0.5 0.82 24405852 10 91 83 6.51 0.11 1 1.96 5 202 0.21 1 0.93 0.5 0.84 28405853 10 107 88 5.89 0.08 1 2.01 5 173 0.20 1 1.01 0.5 0.79 26405854 10 73 107 5.59 0.08 1 2.01 5 160 0.19 1 0.90 0.5 0.69 34405855 10 111 96 6.40 0.08 1 2.25 5 192 0.21 1 1.07 0.5 0.84 26405856 10 110 74 6.78 0.08 1 2.29 5 214 0.21 1 1.03 0.5 0.81 25405857 10 83 89 6.14 0.10 1 1.72 5 213 0.18 1 0.91 0.5 0.76 19405858 10 77 98 5.37 0.09 1 1.46 5 185 0.19 1 0.89 0.5 0.78 17405859 10 94 79 7.22 0.07 1 2.65 5 228 0.20 1 0.94 0.5 0.67 43405860 10 81 99 6.11 0.10 1 2.84 5 167 0.19 1 0.86 0.5 0.70 31405861 10 97 73 6.13 0.13 1 2.82 5 171 0.20 1 0.83 0.5 0.95 31405862 10 48 12 3.02 0.01 1 2.94 5 29 0.30 1 5.30 0.5 2.42 23405863 10 89 72 5.76 0.12 1 2.81 5 157 0.18 1 0.79 0.5 0.84 26405864 10 93 67 6.64 0.15 1 3.13 5 180 0.18 1 0.78 0.5 0.90 29405865 10 71 79 5.84 0.12 1 2.91 5 158 0.18 1 0.74 0.5 0.83 27405866 10 81 67 5.89 0.15 1 3.10 5 158 0.17 1 0.71 0.5 0.85 28405867 10 75 62 5.74 0.17 1 3.13 5 148 0.15 1 0.71 0.5 0.93 29405868 10 70 67 5.49 0.14 1 2.86 5 156 0.16 1 0.64 0.5 0.90 38405869 10 69 62 5.41 0.15 1 3.04 5 145 0.13 1 0.62 0.5 0.82 32405870 10 75 59 5.57 0.15 1 3.08 5 154 0.16 1 0.62 0.5 0.92 33405871 10 69 58 5.39 0.16 1 3.12 5 138 0.14 1 0.55 0.5 0.86 32405872 10 68 70 5.43 0.13 1 2.87 5 153 0.14 1 0.60 0.5 0.99 33405873 10 77 73 5.48 0.14 1 3.09 5 140 0.15 1 0.60 0.5 0.80 40405874 10 67 81 5.75 0.14 1 3.15 5 148 0.17 1 0.65 0.5 0.81 30405875 10 63 69 5.40 0.12 1 2.78 5 146 0.16 1 0.61 0.5 0.77 27405876 10 73 70 5.27 0.12 1 2.90 5 141 0.17 1 0.63 0.5 0.87 29405877 10 95 88 5.63 0.19 1 2.60 5 169 0.24 1 0.72 0.5 1.34 28405878 10 76 75 7.48 0.10 1 2.95 5 217 0.18 1 0.75 0.5 0.64 43

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SampleNumber------------405840405841405842405843405844405845405846405847405848405849405850405851405852405853405854405855405856405857405858405859405860405861405862405863405864405865405866405867405868405869405870405871405872405873405874405875405876405877405878

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------96 5 0.2 2 2 0.27 1.2 49 126 10 10 0.34 262 10 9596 5 0.2 3 2 0.26 1.1 50 123 10 10 0.30 262 10 87

1351 5 0.2 2 2 0.01 0.5 48 >1100 10 10 0.03 248 10 16494 5 0.2 2 2 0.25 1.0 47 117 10 10 0.36 237 10 90

108 5 0.2 2 2 0.23 1.2 54 128 10 10 0.28 233 10 87121 5 0.2 2 2 0.24 1.3 55 129 10 10 0.28 211 10 105109 5 0.2 2 2 0.24 1.2 53 131 10 10 0.29 225 10 88102 5 0.2 2 2 0.31 1.4 49 115 10 10 0.39 241 10 120108 5 0.2 2 2 0.26 1.5 52 119 10 10 0.31 216 10 107

90 5 0.2 2 2 0.21 1.5 50 115 10 10 0.30 211 10 110101 5 0.2 2 2 0.21 1.4 51 122 10 10 0.37 205 10 94

99 5 0.2 2 2 0.16 1.5 50 116 10 10 0.36 229 10 11970 5 0.2 2 2 0.19 1.4 46 111 10 10 0.30 351 10 13362 5 0.2 2 2 0.22 1.2 43 118 10 10 0.28 351 10 13194 5 0.2 2 2 0.20 1.2 45 138 10 10 0.40 304 10 13387 5 0.2 2 2 0.16 1.3 48 135 10 10 0.32 341 10 15578 5 0.2 2 2 0.18 1.4 48 135 10 10 0.24 374 10 149

100 5 0.2 2 2 0.21 1.3 48 118 10 10 0.33 278 10 106100 5 0.2 2 2 0.20 1.1 45 110 10 10 0.36 219 10 79

58 5 0.2 2 2 0.23 1.5 50 139 10 10 0.26 429 10 14467 5 0.2 2 2 0.19 1.3 47 146 10 10 0.31 416 10 14086 5 0.2 2 2 0.08 1.3 48 166 10 10 0.27 414 10 151

1358 5 0.2 2 2 0.01 0.5 49 1018 10 10 0.02 236 10 16488 5 0.2 2 2 0.09 1.2 47 149 10 10 0.28 394 10 13281 5 0.2 2 2 0.09 1.4 50 151 10 10 0.25 446 10 14567 5 0.2 2 2 0.08 1.3 46 143 10 10 0.30 407 10 14568 5 0.2 2 2 0.09 1.3 48 154 10 10 0.24 437 10 14865 5 0.2 2 2 0.07 1.2 49 151 10 10 0.21 432 10 12970 5 0.2 2 2 0.05 1.2 46 144 10 10 0.26 404 10 14265 5 0.2 2 2 0.09 1.1 46 137 10 10 0.22 438 10 12264 5 0.2 3 2 0.04 1.2 46 143 10 10 0.23 439 10 14257 5 0.2 2 2 0.05 1.2 45 135 10 10 0.23 455 10 11669 5 0.2 2 2 0.02 1.2 46 141 10 10 0.28 413 10 12957 5 0.2 2 2 0.07 1.2 45 146 10 10 0.26 433 10 13262 5 0.2 2 2 0.08 1.3 46 145 10 10 0.29 442 10 14454 5 0.2 3 2 0.07 1.1 42 134 10 10 0.26 397 10 14452 5 0.2 2 2 0.05 1.1 42 130 10 10 0.25 423 10 13982 5 0.2 2 2 0.01 1.2 44 135 10 10 0.27 394 10 12490 5 0.2 3 2 0.17 1.5 56 157 10 10 0.30 434 10 173

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405879 10 80 70 6.83 0.10 1 2.12 5 224 0.16 1 0.71 0.5 1.00 27405880 10 37 75 6.31 0.08 1 2.28 5 183 0.14 1 0.66 0.5 0.49 24405881 10 68 85 6.51 0.12 1 2.90 5 175 0.17 1 0.73 0.5 0.70 28405882 10 49 11 2.92 0.01 1 2.97 5 28 0.30 1 5.31 0.5 2.44 23405883 10 64 72 6.11 0.10 1 2.98 5 167 0.15 1 0.70 0.5 0.71 34405884 10 52 85 6.35 0.11 1 3.01 5 176 0.16 1 0.69 0.5 0.64 31405885 10 57 76 6.37 0.12 1 3.19 5 168 0.17 1 0.69 0.5 0.71 50

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SampleNumber------------405879405880405881405882405883405884405885

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------111 5 0.2 3 2 0.08 1.5 53 138 10 10 0.27 358 10 103

99 5 0.2 2 2 0.24 1.3 53 120 10 10 0.39 336 10 11660 5 0.2 2 2 0.19 1.4 50 119 10 10 0.33 455 10 128

1367 5 0.2 2 2 0.01 0.5 50 964 10 10 0.02 236 10 16255 5 0.2 2 2 0.14 1.3 48 139 10 10 0.32 455 10 13262 5 0.2 3 2 0.17 1.3 50 142 10 10 0.35 454 10 13275 5 0.2 3 2 0.17 1.3 54 146 10 10 0.33 487 10 128

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Assay CertificateClient: Celtic MineralsGeologi Mark Graves Eastern Analytical LimitedProject: Budgell's Harbour P.O. Box 187,Sample Core 403 Little Bay Road

Springdale, NfldDskFile 634-E86891 A0J 1T0

Signed by:______________________DateIn: February 13, 2008 Phone: 709-673-3909 Graham SmithDateOu February 25, 2008 Fax: 709-673-3408

Email:easternanalytical@nf.aibn.com--------------------------------------------------------------------------------------------------------------------------------------------------------SAMPLE NiNUMBER %--------------------------------------------------------------------------------------------------------------------------------------------------------4E+05 0.144E+05 0.134E+05 0.134E+05 0.13

Page 130: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Assay CertificateClient: Celtic Minerals LimitedGeologist: Mark Graves Eastern Analytical LimitedProject: Budgell's Harbour P.O. Box 187,Sample: Core 403 Little Bay Road

Springdale, NfldDskFile: 634-E86835 A0J 1T0

DateIn: February 04, 2008 Phone: 709-673-3909DateOut: February 18, 2008 Fax: 709-673-3408

Email:[email protected] ------------------- -------------- -------------- -------------- -------------- -------------- ----------------------------------------------------------------SAMPLE NiNUMBER %------------------- ------------------- -------------- -------------- -------------- -------------- -------------- ----------------------------------------------------------------405622 0.14405642 0.14

Page 131: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

ICP Geochemistry CertificateClient: Celtic MineralsGeologisMark Graves Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86827 A0J 1T0

DateIn: February 13, 2008 Phone: 709-673-3909DateOut February 22, 2008 Fax: 709-673-3408

Email:[email protected] ----------------------- ---------- ------------------------ ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405665 10 31 39 4.39 0.04 1 1.07 5 229 0.15 1 0.44 0.5 0.61 20405666 10 28 40 4.39 0.03 1 1.16 5 233 0.13 1 0.39 0.5 0.65 18405667 10 36 30 5.45 0.07 1 1.55 5 285 0.14 1 0.42 0.5 0.99 43405668 10 38 22 5.03 0.07 1 1.30 5 269 0.12 1 0.40 0.5 1.06 25405669 10 21 38 4.12 0.02 1 1.37 5 210 0.12 1 0.44 0.5 0.83 24405670 10 35 38 5.20 0.07 1 0.91 5 312 0.13 1 0.49 0.5 1.05 24405671 10 33 30 5.15 0.03 1 0.92 5 317 0.16 1 0.57 0.5 1.12 24405672 10 41 46 6.66 0.07 1 0.91 5 367 0.18 1 0.63 0.5 1.09 50405673 10 26 25 5.85 0.01 1 0.87 5 347 0.12 1 0.49 0.5 0.96 20405674 10 23 38 4.46 0.03 1 2.41 5 199 0.16 1 0.39 0.5 0.76 26405675 10 27 22 4.68 0.02 1 0.88 5 282 0.14 1 0.43 0.5 0.95 18405676 10 27 41 4.05 0.02 1 1.58 5 214 0.12 1 0.46 0.5 1.05 15405677 10 35 42 4.07 0.03 1 1.14 5 243 0.15 1 0.57 0.5 1.40 21405678 10 34 39 4.91 0.02 1 1.01 5 284 0.13 1 0.54 0.5 1.22 19405679 10 33 36 4.46 0.02 1 1.14 5 253 0.12 1 0.62 0.5 1.55 17405680 44 62 120 4.12 0.18 1 2.19 5 168 0.18 1 1.65 0.5 3.05 50405681 10 25 31 4.38 0.02 1 1.54 5 234 0.11 1 0.44 0.5 1.49 13405682 10 61 13 2.50 0.01 1 3.47 5 32 0.34 1 >5.50 0.5 2.92 27405683 10 28 31 6.52 0.03 1 0.94 5 376 0.13 1 0.55 0.5 1.12 18405684 10 28 22 7.17 0.02 1 0.85 5 401 0.12 1 0.53 0.5 0.97 29405685 10 29 43 6.90 0.02 1 1.01 5 394 0.13 1 0.59 0.5 1.08 25405686 10 33 41 7.25 0.02 1 0.96 5 373 0.15 1 0.62 0.5 1.01 44405687 10 22 29 6.90 0.02 1 1.39 5 323 0.11 1 0.41 0.5 0.61 24405688 10 79 65 5.08 0.09 1 1.34 5 271 0.17 1 0.62 0.5 1.35 26405689 10 25 24 5.43 0.02 1 2.01 5 275 0.12 1 0.37 0.5 0.74 20405690 10 25 17 6.05 0.02 1 1.68 5 308 0.12 1 0.36 0.5 0.87 16

Page 132: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Client:GeologisProject:Sample:

DskFile:

DateIn: DateOut

-----------SampleNumber------------405665405666405667405668405669405670405671405672405673405674405675405676405677405678405679405680405681405682405683405684405685405686405687405688405689405690

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------

236 5 0.2 4 2 0.23 1.4 47 135 10 10 0.08 301 10 177150 5 0.2 3 2 0.20 1.4 46 136 10 10 0.08 255 10 151187 5 0.2 3 2 0.23 1.8 56 127 10 10 0.08 345 10 138214 5 0.2 4 2 0.17 1.6 53 123 10 10 0.07 309 10 121248 5 0.2 3 2 0.16 1.3 45 145 10 10 0.11 259 10 140344 5 0.2 4 2 0.18 1.7 54 148 10 10 0.09 207 10 112383 5 0.2 4 2 0.22 1.7 52 147 10 10 0.09 211 10 122404 5 0.2 6 2 0.38 2.2 61 136 10 10 0.11 342 10 97434 5 0.2 5 2 0.26 2.0 66 181 10 10 0.07 242 10 125198 5 0.2 3 2 0.13 1.4 54 176 10 10 0.12 324 10 142338 5 0.2 4 2 0.28 1.6 54 160 10 10 0.06 231 10 133248 5 0.2 3 2 0.09 1.3 47 153 10 10 0.12 193 10 146281 5 0.2 3 2 0.09 1.4 45 139 10 10 0.13 135 10 168378 5 0.2 4 2 0.17 1.6 50 158 10 10 0.11 206 10 139359 5 0.2 3 2 0.11 1.5 54 142 10 10 0.10 158 10 138

49 5 0.2 2 2 0.01 1.3 33 38 10 10 0.43 365 10 21308 5 0.2 3 2 0.06 1.4 57 174 10 10 0.09 201 10 149

1402 5 0.3 2 2 0.01 0.5 55 >1100 10 10 0.02 282 10 180555 5 0.2 6 2 0.32 2.1 66 204 10 10 0.09 259 10 102572 5 0.2 7 2 0.41 2.3 69 220 10 10 0.06 338 10 163665 5 0.2 7 2 0.29 2.3 67 239 10 10 0.13 270 10 118680 5 0.2 6 2 0.41 2.3 66 248 10 10 0.13 346 10 132606 5 0.2 5 2 0.38 2.1 64 242 10 10 0.08 350 10 176475 5 0.2 4 2 0.18 1.7 53 186 10 10 0.13 298 10 153469 5 0.2 4 2 0.16 1.8 58 216 10 10 0.08 296 10 185431 5 0.2 4 2 0.17 1.8 59 218 10 10 0.06 287 10 242

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405691 10 24 34 4.04 0.02 1 1.48 5 209 0.12 1 0.37 0.5 0.73 27405692 10 25 52 4.72 0.03 1 2.50 5 210 0.13 1 0.40 0.5 0.67 26405693 10 24 32 4.89 0.03 1 2.10 5 226 0.13 1 0.38 0.5 0.62 23405694 10 24 24 5.90 0.03 1 1.90 5 280 0.13 1 0.40 0.5 0.64 28405695 10 34 32 6.88 0.03 1 1.00 5 363 0.16 1 0.58 0.5 1.05 31405696 10 35 81 4.85 0.05 1 1.03 5 269 0.15 1 0.61 0.5 0.96 43405697 10 40 45 4.81 0.03 1 0.93 5 288 0.15 1 0.55 0.5 1.10 16405698 10 29 37 4.37 0.03 1 1.38 5 226 0.12 1 0.40 0.5 0.67 17405699 10 33 36 6.04 0.02 1 0.97 5 319 0.12 1 0.53 0.5 0.84 22405700 10 26 42 6.13 0.03 1 1.37 5 301 0.14 1 0.44 0.5 0.65 24405701 10 45 43 6.17 0.05 1 1.47 5 341 0.14 1 0.53 0.5 1.04 19405702 10 62 13 2.52 0.01 1 3.52 5 34 0.34 1 >5.50 0.5 2.94 29405703 10 39 111 5.52 0.09 1 2.07 5 279 0.12 1 0.60 0.5 1.44 31405704 10 60 39 5.87 0.09 1 1.86 5 314 0.15 1 0.51 0.5 1.14 14405705 10 27 25 6.09 0.03 1 2.18 5 303 0.11 1 0.35 0.5 0.69 18405706 10 27 31 6.52 0.03 1 2.14 5 311 0.12 1 0.39 0.5 0.68 25405707 10 38 28 5.96 0.04 1 1.44 5 325 0.15 1 0.45 0.5 0.90 16405708 10 28 25 6.20 0.03 1 1.84 5 312 0.12 1 0.40 0.5 0.89 35405709 10 40 32 6.71 0.03 1 1.53 5 364 0.17 1 0.54 0.5 1.32 25405710 10 31 46 7.40 0.03 1 1.20 5 380 0.15 1 0.56 0.5 0.84 22405711 10 66 120 6.88 0.08 1 1.11 5 366 0.18 1 0.86 0.5 1.04 27405712 10 29 53 5.16 0.03 1 1.53 5 255 0.12 1 0.52 0.5 0.88 21405713 10 35 48 4.98 0.05 1 2.29 5 229 0.10 1 0.41 0.5 0.78 35405714 10 30 43 4.17 0.03 1 2.29 5 186 0.09 1 0.38 0.5 0.90 19405715 10 32 40 5.21 0.04 1 2.06 5 246 0.13 1 0.42 0.5 0.86 24405716 10 44 59 5.62 0.04 1 1.11 5 327 0.13 1 0.59 0.5 1.24 18405717 10 38 57 5.39 0.04 1 1.10 5 296 0.16 1 0.60 0.5 1.12 19405717 10 38 56 5.47 0.04 1 1.12 5 302 0.16 1 0.60 0.5 1.15 21405718 10 44 67 6.10 0.05 1 1.30 5 329 0.18 1 0.71 0.5 1.13 26405719 10 28 47 6.76 0.02 1 1.44 5 345 0.14 1 0.59 0.5 0.87 24405720 10 28 60 4.70 0.04 1 2.12 5 215 0.11 1 0.50 0.5 0.77 22405721 10 45 65 4.31 0.05 1 1.35 5 251 0.15 1 0.67 0.5 1.28 23405722 10 63 14 2.43 0.01 1 3.44 5 34 0.32 1 >5.50 0.5 2.87 31405723 41 134 277 4.52 0.10 1 1.89 5 189 0.24 1 1.73 0.5 3.38 67405724 10 36 85 3.85 0.05 1 1.41 5 223 0.14 1 0.67 0.5 1.46 20405725 10 31 51 4.96 0.03 1 1.90 5 246 0.15 1 0.53 0.5 1.02 23405726 10 28 41 5.29 0.03 1 1.87 5 262 0.11 1 0.44 0.5 0.86 20405727 10 25 31 4.07 0.03 1 3.60 5 143 0.10 1 0.33 0.5 0.99 27405728 10 42 95 4.39 0.09 1 2.22 5 225 0.10 1 0.58 0.5 1.37 21

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SampleNumber------------405691405692405693405694405695405696405697405698405699405700405701405702405703405704405705405706405707405708405709405710405711405712405713405714405715405716405717405717405718405719405720405721405722405723405724405725405726405727405728

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------319 5 0.2 3 2 0.13 1.3 49 157 10 10 0.11 237 10 129302 5 0.2 4 2 0.14 1.5 51 185 10 10 0.14 373 10 183414 5 0.2 4 2 0.22 1.6 55 199 10 10 0.10 359 10 184697 5 0.2 5 2 0.37 1.9 63 242 10 10 0.09 411 10 152603 5 0.2 6 2 0.45 2.2 67 219 10 10 0.11 360 10 130568 5 0.2 5 2 0.34 1.6 53 185 10 10 0.21 281 10 145456 5 0.2 5 2 0.18 1.6 59 167 10 10 0.12 190 10 113418 5 0.2 4 2 0.18 1.5 51 169 10 10 0.11 246 10 121548 5 0.2 5 2 0.39 2.0 67 204 10 10 0.10 316 10 86620 5 0.2 5 2 0.42 2.0 61 211 10 10 0.10 362 10 147656 5 0.2 5 2 0.23 2.1 61 241 10 10 0.12 279 10 148

1416 5 0.2 2 2 0.01 0.5 56 >1100 10 10 0.02 285 10 178470 5 0.2 4 2 0.09 1.7 57 228 10 10 0.23 351 10 133490 5 0.2 4 2 0.06 1.9 58 241 10 10 0.09 235 10 131461 5 0.2 5 2 0.16 1.9 59 260 10 10 0.08 323 10 149454 5 0.2 5 2 0.29 2.0 64 245 10 10 0.09 411 10 149531 5 0.2 5 2 0.19 1.9 60 231 10 10 0.08 256 10 169580 5 0.2 5 2 0.23 2.0 62 248 10 10 0.09 343 10 163618 5 0.2 5 2 0.22 2.1 62 229 10 10 0.10 302 10 272786 5 0.2 7 2 0.52 2.4 75 262 10 10 0.15 389 10 146

1131 5 0.2 8 2 0.41 2.2 77 297 10 10 0.30 306 10 134611 5 0.2 4 2 0.27 1.7 56 220 10 10 0.19 300 10 239344 5 0.2 4 2 0.22 1.6 54 190 10 10 0.13 361 10 202225 5 0.2 3 2 0.17 1.3 46 162 10 10 0.12 325 10 313750 5 0.2 4 2 0.16 1.6 57 236 10 10 0.14 301 10 251481 5 0.2 5 2 0.24 1.8 54 187 10 10 0.17 219 10 194467 5 0.2 4 2 0.30 1.7 54 185 10 10 0.18 257 10 215460 5 0.2 5 2 0.31 1.7 53 182 10 10 0.18 262 10 218525 5 0.2 5 2 0.42 1.9 61 204 10 10 0.21 427 10 278515 5 0.2 5 2 0.40 2.1 65 229 10 10 0.18 407 10 195517 5 0.2 4 2 0.24 1.5 54 214 10 10 0.20 340 10 250434 5 0.2 6 2 0.17 1.4 47 174 10 10 0.21 227 10 231

1369 5 0.2 2 2 0.01 0.5 57 >1100 10 10 0.02 282 10 174124 5 0.2 6 2 0.16 1.5 34 71 10 10 0.82 671 10 72260 5 0.2 5 2 0.17 1.2 41 148 10 10 0.27 230 10 223209 5 0.2 3 2 0.26 1.5 50 178 10 10 0.17 330 10 320245 5 0.2 4 2 0.27 1.6 53 187 10 10 0.13 342 10 369124 5 0.2 3 2 0.07 1.3 51 185 10 10 0.11 420 10 284331 5 0.2 3 2 0.08 1.4 50 188 10 10 0.27 267 10 238

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405729 10 36 64 4.48 0.08 1 3.39 5 171 0.08 1 0.42 0.5 0.90 28405730 10 23 42 4.42 0.03 1 4.17 5 144 0.08 1 0.34 0.5 0.88 28405731 10 22 42 4.38 0.03 1 3.87 5 153 0.12 1 0.34 0.5 0.88 28405732 10 23 41 4.64 0.03 1 3.58 5 179 0.12 1 0.36 0.5 0.98 28405733 10 27 54 4.92 0.04 1 4.08 5 173 0.13 1 0.39 0.5 1.02 24405734 10 27 63 5.11 0.04 1 3.10 5 225 0.14 1 0.45 0.5 0.78 18405735 10 58 85 6.59 0.07 1 1.77 5 361 0.16 1 0.72 0.5 1.26 16405736 10 28 45 5.13 0.03 1 2.70 5 238 0.13 1 0.42 0.5 0.98 21405737 10 33 69 5.92 0.08 1 2.02 5 291 0.09 1 0.53 0.5 1.02 25405738 10 20 36 5.23 0.03 1 2.91 5 217 0.09 1 0.33 0.5 0.73 28405739 10 25 57 4.23 0.04 1 2.93 5 174 0.12 1 0.40 0.5 0.85 31405740 10 20 51 3.69 0.03 1 2.46 5 155 0.12 1 0.37 0.5 0.81 21405741 10 37 200 4.08 0.09 1 2.65 5 166 0.11 1 0.58 0.5 0.80 24405742 10 62 15 2.32 0.01 1 3.43 5 32 0.31 1 >5.50 0.5 2.83 28405743 10 34 90 3.44 0.08 1 2.27 5 146 0.15 1 0.59 0.5 0.83 19405744 10 40 91 5.53 0.06 1 1.49 5 292 0.12 1 0.74 0.5 0.95 41405745 10 30 53 4.94 0.04 1 1.81 5 263 0.15 1 0.48 0.5 0.97 18405746 10 27 49 5.14 0.03 1 1.96 5 265 0.12 1 0.44 0.5 0.91 22405747 10 32 99 4.59 0.05 1 1.78 5 232 0.09 1 0.56 0.5 0.73 23405748 10 27 58 4.98 0.05 1 3.59 5 197 0.11 1 0.44 0.5 0.74 31405749 10 22 48 4.65 0.03 1 3.62 5 190 0.09 1 0.36 0.5 0.71 32405750 10 25 45 4.90 0.04 1 3.08 5 221 0.10 1 0.41 0.5 0.72 30405751 10 21 79 4.27 0.03 1 3.68 5 163 0.09 1 0.40 0.5 0.49 35405752 10 34 180 4.73 0.06 1 3.83 5 184 0.11 1 0.58 0.5 0.69 40405753 134 78 363 2.84 0.15 1 1.46 5 125 0.17 1 1.09 0.5 2.59 53405754 10 21 58 5.24 0.03 1 3.25 5 159 0.13 1 0.43 0.5 0.72 30405755 142 88 344 3.69 0.12 1 1.59 5 125 0.20 1 1.42 0.5 2.21 53405756 18 25 56 5.48 0.04 1 2.96 5 179 0.15 1 0.46 0.5 0.72 26405757 27 25 45 5.22 0.03 1 1.58 5 227 0.16 1 0.49 0.5 0.83 16405758 12 21 46 5.27 0.03 1 2.02 5 211 0.13 1 0.43 0.5 0.81 21405759 24 26 64 4.45 0.05 1 1.43 5 192 0.12 1 0.59 0.5 0.99 16405760 10 25 82 4.47 0.04 1 1.69 5 190 0.16 1 0.7 0.5 1.11 17405761 10 45 109 3.83 0.04 1 1.55 5 156 0.16 1 0.73 0.5 1.25 23405762 10 46 11 2.19 0.01 1 2.75 5 25 0.29 1 5.07 0.5 2.24 29405763 10 39 28 3.73 0.02 1 1.63 5 149 0.15 1 0.57 0.5 1.37 17405764 10 38 36 4.87 0.03 1 1.20 5 233 0.15 1 0.64 0.5 1.54 14405765 10 67 28 4.34 0.02 1 1.50 5 189 0.11 1 0.48 0.5 1.46 11405766 66 75 154 4.29 0.15 1 2.35 5 137 0.21 1 1.44 0.5 2.44 42405767 10 46 32 4.80 0.03 1 1.54 5 218 0.13 1 0.5 0.5 1.18 11

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SampleNumber------------405729405730405731405732405733405734405735405736405737405738405739405740405741405742405743405744405745405746405747405748405749405750405751405752405753405754405755405756405757405758405759405760405761405762405763405764405765405766405767

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------288 5 0.2 3 2 0.13 1.4 54 220 10 10 0.18 428 10 232172 5 0.2 3 2 0.08 1.4 55 219 10 10 0.14 477 10 251199 5 0.2 3 2 0.08 1.4 54 225 10 10 0.13 441 10 222225 5 0.2 3 2 0.08 1.5 55 227 10 10 0.14 409 10 203252 5 0.2 3 2 0.08 1.5 60 242 10 10 0.17 450 10 216301 5 0.2 4 2 0.12 1.6 55 225 10 10 0.21 339 10 223988 5 0.2 5 2 0.24 2.1 69 314 10 10 0.28 242 10 197276 5 0.2 4 2 0.13 1.6 53 221 10 10 0.15 346 10 247640 5 0.2 5 2 0.23 2.0 60 289 10 10 0.22 324 10 202584 5 0.2 3 2 0.12 1.7 60 281 10 10 0.12 389 10 271385 5 0.2 3 2 0.11 1.4 53 227 10 10 0.16 357 10 316216 5 0.2 2 2 0.13 1.2 45 178 10 10 0.17 309 10 312559 5 0.2 3 2 0.18 1.4 55 238 10 10 0.34 326 10 261

1375 5 0.3 2 2 0.01 0.5 57 >1100 10 10 0.03 279 10 170466 5 0.2 3 2 0.17 1.1 49 205 10 10 0.30 272 10 309

1163 5 0.2 6 2 0.29 1.9 71 296 10 10 0.30 269 10 151444 5 0.2 4 2 0.14 1.6 51 199 10 10 0.17 271 10 215562 5 0.2 3 2 0.15 1.7 54 223 10 10 0.16 286 10 203446 5 0.2 4 2 0.29 1.6 53 191 10 10 0.27 306 10 168584 5 0.2 4 2 0.14 1.6 64 264 10 10 0.19 444 10 164401 5 0.2 3 2 0.08 1.6 60 233 10 10 0.15 422 10 146509 5 0.2 4 2 0.15 1.6 62 223 10 10 0.17 407 10 155343 5 0.2 4 2 0.13 1.5 60 208 10 10 0.22 452 10 131414 5 0.2 3 2 0.15 1.6 66 229 10 10 0.36 452 10 161

42 5 0.2 2 2 0.01 0.9 25 24 10 50 0.74 599 10 27266 5 0.2 2 2 0.09 1.5 48 190 10 10 0.23 382 10 166

42 5 0.2 2 2 0.01 1.1 19 25 10 53 1.05 498 10 34317 5 0.2 3 2 0.09 1.6 48 198 10 10 0.23 340 10 170393 5 0.2 2 2 0.08 1.6 42 175 10 10 0.19 187 10 181378 5 0.2 4 2 0.08 1.6 45 190 10 10 0.19 230 10 184430 5 0.2 2 2 0.11 1.3 41 155 10 10 0.29 175 10 140335 5 0.2 2 2 0.12 1.3 43 142 10 10 0.39 208 10 190391 5 0.2 2 2 0.07 1.2 42 129 10 10 0.38 231 10 134

1300 5 0.2 10 2 0.01 0.5 46 832 10 10 0.02 217 10 157428 5 0.2 2 2 0.03 1.1 40 141 10 10 0.13 204 10 161628 5 0.2 3 2 0.06 1.5 48 166 10 10 0.17 167 10 178314 5 0.2 2 2 0.02 1.3 39 132 10 10 0.08 226 10 174

36 5 0.2 2 2 0.01 1.3 28 47 10 20 0.48 429 10 80406 5 0.2 2 2 0.04 1.5 44 165 10 10 0.13 213 10 163

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405768 30 38 129 4.34 0.05 1 1.71 5 178 0.18 1 0.74 0.5 1.27 36405769 10 61 48 4.39 0.06 1 1.99 5 163 0.20 1 0.68 0.5 1.90 16405770 65 70 188 4.87 0.19 1 2.07 5 140 0.23 1 1.69 0.5 2.78 35405771 15 39 51 4.53 0.04 1 1.85 5 175 0.16 1 0.57 0.5 1.51 16405772 19 34 51 5.00 0.05 1 3.02 5 149 0.17 1 0.44 0.5 1.14 27405773 10 22 42 5.01 0.04 1 2.83 5 166 0.12 1 0.38 0.5 0.91 25405774 10 38 68 4.89 0.06 1 2.76 5 162 0.15 1 0.49 0.5 1.19 31

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SampleNumber------------405768405769405770405771405772405773405774

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------237 5 0.2 2 2 0.08 1.3 41 119 10 10 0.42 222 10 148327 5 0.2 2 2 0.04 1.4 43 142 10 10 0.17 289 10 155

32 5 0.2 2 2 0.01 1.4 26 30 10 16 0.54 714 10 49312 5 0.2 2 2 0.07 1.4 44 160 10 10 0.20 262 10 160296 5 0.2 2 2 0.06 1.5 49 192 10 10 0.18 398 10 158197 5 0.2 3 2 0.06 1.5 48 163 10 10 0.20 377 10 154135 5 0.2 2 2 0.07 1.4 46 150 10 10 0.22 377 10 166

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ICP Geochemistry CertificateClient: Celtic Minerals LimitedGeologisMark Graves Eastern Analytical LimitedProject: Budgell's Harbour P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86772 A0J 1T0

DateIn: February 04, 2008 Phone: 709-673-3909DateOut February 15, 2008 Fax: 709-673-3408

Email:[email protected] ----------------------- ---------- ------------------------ ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405517 10 25 49 4.18 0.04 1 1.02 5 184 0.19 1 0.62 0.5 0.76 10405518 10 26 49 3.92 0.04 1 0.91 5 181 0.20 1 0.65 0.5 0.89 8405519 10 29 47 5.02 0.04 1 1.01 5 224 0.18 1 0.67 0.5 0.95 37405520 10 45 72 4.18 0.06 1 1.21 5 180 0.16 1 0.77 0.5 0.99 8405521 10 29 67 4.10 0.05 1 2.17 5 128 0.17 1 0.58 0.5 0.78 12405522 10 53 10 2.76 0.02 1 2.54 5 30 0.35 1 5.34 0.5 2.49 31405523 10 31 78 4.62 0.05 1 2.37 5 138 0.18 1 0.66 0.5 0.70 14405524 10 25 76 4.60 0.04 1 2.69 5 127 0.17 1 0.61 0.5 0.85 30405525 10 30 75 4.65 0.05 1 2.11 5 155 0.16 1 0.65 0.5 0.96 15405526 10 109 122 5.48 0.13 1 1.35 5 239 0.30 1 1.19 0.5 2.00 21405527 10 64 45 5.23 0.29 1 1.49 7 99 0.34 3 1.45 0.5 2.30 51405528 10 41 67 4.18 0.08 1 1.28 5 168 0.25 1 0.74 0.5 1.13 4405529 10 39 70 4.19 0.06 1 1.59 5 161 0.23 1 0.76 0.5 0.93 30405530 10 45 84 4.50 0.06 1 1.67 5 173 0.18 1 0.77 0.5 0.92 4405531 10 39 71 4.36 0.09 1 2.31 5 137 0.18 1 0.63 0.5 0.83 12405532 10 29 53 4.51 0.06 1 2.63 5 137 0.22 1 0.58 0.5 0.70 13405533 10 34 54 4.66 0.07 1 2.07 5 166 0.20 1 0.59 0.5 0.71 10405534 10 32 50 5.52 0.05 1 2.07 5 206 0.17 1 0.55 0.5 0.67 11405535 10 37 61 4.61 0.06 1 1.63 5 180 0.19 1 0.67 0.5 0.79 11405536 10 38 59 4.37 0.05 1 1.59 5 176 0.15 1 0.55 0.5 0.95 9405537 10 49 49 5.60 0.06 1 1.08 5 251 0.26 1 0.74 0.5 1.08 11405538 10 36 60 4.25 0.05 1 1.04 5 182 0.20 1 0.63 0.5 0.88 28405539 10 37 53 5.45 0.05 1 1.36 5 222 0.23 1 0.64 0.5 0.83 11405540 10 22 59 4.70 0.04 1 0.86 5 246 0.22 1 0.52 0.5 0.52 6405541 10 22 68 4.93 0.04 1 0.97 5 253 0.27 1 0.57 0.5 0.55 9405542 10 54 10 2.69 0.02 1 2.64 5 30 0.34 1 5.45 0.5 2.56 30

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Client:GeologisProject:Sample:

DskFile:

DateIn: DateOut

-----------SampleNumber------------405517405518405519405520405521405522405523405524405525405526405527405528405529405530405531405532405533405534405535405536405537405538405539405540405541405542

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------

532 5 0.2 6 2 0.21 0.8 42 121 10 10 0.31 153 10 159427 5 0.2 4 2 0.18 0.7 38 103 10 10 0.33 124 10 154637 5 0.2 5 2 0.21 0.9 45 133 10 10 0.32 150 10 155343 5 0.2 2 2 0.22 0.7 59 115 10 10 0.42 123 10 69175 5 0.2 3 2 0.18 0.7 46 126 10 10 0.36 243 10 165

1469 5 0.2 2 2 0.01 0.5 51 936 10 10 0.03 209 10 155214 5 0.2 3 2 0.20 0.8 48 161 10 10 0.41 256 10 166136 5 0.2 3 2 0.17 0.8 46 141 10 10 0.40 301 10 168159 5 0.2 3 2 0.20 0.8 50 134 10 10 0.41 241 10 115212 5 0.2 3 2 0.07 1.0 61 86 10 10 0.51 157 10 55

23 5 0.2 3 2 0.01 0.9 21 31 10 10 0.48 830 10 49192 5 0.2 3 2 0.20 0.7 46 105 10 10 0.40 154 10 100248 5 0.2 3 2 0.22 0.7 43 114 10 10 0.42 179 10 116254 5 0.2 3 2 0.24 0.8 48 122 10 10 0.45 179 10 112267 5 0.2 3 2 0.15 0.8 48 139 10 10 0.38 246 10 120214 5 0.2 3 2 0.15 0.8 47 140 10 10 0.33 274 10 145476 5 0.2 5 2 0.17 0.8 48 145 10 10 0.31 233 10 106468 5 0.2 5 2 0.19 1.0 56 160 10 10 0.27 245 10 104391 5 0.2 3 2 0.22 0.8 48 136 10 10 0.36 184 10 103337 5 0.2 3 2 0.14 0.8 44 126 10 10 0.24 179 10 110623 5 0.2 4 2 0.21 1.1 49 149 10 10 0.27 143 10 109557 5 0.2 4 2 0.22 0.8 41 119 10 10 0.28 146 10 104650 5 0.2 5 2 0.31 1.0 50 140 10 10 0.27 233 10 135358 5 0.2 4 2 0.22 0.9 43 99 10 10 0.21 145 10 130337 5 0.2 4 2 0.24 0.9 46 106 10 10 0.26 167 10 141

1501 5 0.2 2 2 0.01 0.5 52 909 10 10 0.03 213 10 156

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405543 10 21 77 4.52 0.05 1 1.11 5 227 0.21 1 0.63 0.5 0.60 28405544 10 21 86 4.93 0.05 1 0.93 5 247 0.21 1 0.58 0.5 0.56 9405545 10 22 68 4.52 0.05 1 1.18 5 223 0.17 1 0.55 0.5 0.70 6405546 10 22 68 4.55 0.06 1 1.15 5 222 0.20 1 0.55 0.5 0.73 6405547 10 24 71 4.82 0.07 1 1.28 5 221 0.15 1 0.58 0.5 0.78 5405548 10 33 73 4.99 0.07 1 1.22 5 221 0.18 1 0.64 0.5 0.82 32405549 10 28 77 5.31 0.06 1 1.18 5 234 0.21 1 0.62 0.5 0.74 6405550 10 28 81 5.37 0.06 1 1.31 5 222 0.29 1 0.69 0.5 0.63 14405551 10 25 80 5.03 0.06 1 1.16 5 209 0.15 1 0.63 0.5 0.62 10405552 10 22 78 4.90 0.06 1 1.29 5 199 0.18 1 0.58 0.5 0.60 11405553 10 21 73 3.82 0.04 1 1.19 5 159 0.18 1 0.51 0.5 0.44 14405554 10 20 71 3.85 0.04 1 1.27 5 163 0.21 1 0.46 0.5 0.44 12405555 10 26 81 4.04 0.05 1 1.30 5 170 0.20 1 0.56 0.5 0.47 30405556 10 20 86 3.74 0.04 1 1.34 5 164 0.23 1 0.58 0.5 0.48 6405557 10 19 102 3.53 0.04 1 1.37 5 155 0.18 1 0.53 0.5 0.43 10405558 10 19 102 3.38 0.04 1 1.48 5 147 0.20 1 0.55 0.5 0.51 7405559 10 17 91 3.64 0.04 1 1.49 5 166 0.16 1 0.56 0.5 0.49 8405560 10 19 94 3.43 0.05 1 1.34 5 164 0.12 1 0.53 0.5 0.47 25405561 10 19 98 3.57 0.04 1 1.21 5 185 0.14 1 0.54 0.5 0.55 7405562 10 46 10 2.12 0.01 1 2.44 5 24 0.29 1 4.51 0.5 2.05 29405563 10 20 142 3.35 0.04 1 1.13 5 175 0.14 1 0.54 0.5 0.49 8405564 10 19 84 3.58 0.04 1 1.26 5 180 0.12 1 0.50 0.5 0.46 6405565 10 19 113 3.23 0.04 1 1.23 5 162 0.13 1 0.52 0.5 0.54 22405566 10 18 111 3.41 0.04 1 1.40 5 173 0.13 1 0.53 0.5 0.53 8405567 10 19 65 3.56 0.04 1 1.08 5 178 0.12 1 0.44 0.5 0.51 10405568 10 16 65 3.55 0.04 1 1.27 5 162 0.12 1 0.47 0.5 0.41 11405569 10 16 71 3.49 0.04 1 1.19 5 160 0.12 1 0.44 0.5 0.45 8405570 10 15 63 3.39 0.03 1 1.41 5 148 0.11 1 0.44 0.5 0.37 10405571 10 19 93 3.17 0.05 1 1.66 5 130 0.14 1 0.50 0.5 0.48 9405572 10 18 83 3.12 0.04 1 1.61 5 127 0.11 1 0.47 0.5 0.41 5405573 10 17 87 3.07 0.03 1 1.58 5 127 0.13 1 0.50 0.5 0.43 7405574 10 33 155 3.45 0.05 1 1.53 5 145 0.14 1 0.70 0.5 0.64 32405575 10 16 68 4.17 0.03 1 1.57 5 191 0.12 1 0.43 0.5 0.37 11405576 10 17 95 3.62 0.04 1 1.55 5 159 0.12 1 0.46 0.5 0.40 9405577 10 19 85 3.76 0.04 1 1.72 5 158 0.13 1 0.46 0.5 0.45 10405578 10 17 81 3.09 0.05 1 1.95 5 115 0.12 1 0.43 0.5 0.45 13405579 10 20 85 3.17 0.05 1 2.16 5 107 0.14 1 0.48 0.5 0.43 28405580 10 30 73 3.59 0.06 1 2.02 5 130 0.13 1 0.49 0.5 0.51 16405581 10 17 86 2.80 0.04 1 2.06 5 87 0.10 1 0.40 0.5 0.40 19

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SampleNumber------------405543405544405545405546405547405548405549405550405551405552405553405554405555405556405557405558405559405560405561405562405563405564405565405566405567405568405569405570405571405572405573405574405575405576405577405578405579405580405581

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------315 5 0.2 4 2 0.24 0.8 44 123 10 10 0.31 160 10 134309 5 0.2 4 2 0.24 0.9 45 104 10 10 0.28 146 10 137370 5 0.2 4 2 0.21 0.9 43 108 10 10 0.29 155 10 125383 5 0.2 4 2 0.21 0.9 41 106 10 10 0.29 144 10 128380 5 0.2 4 2 0.24 0.9 44 111 10 10 0.31 169 10 130395 5 0.2 4 2 0.23 0.9 43 112 10 10 0.35 185 10 120435 5 0.2 4 2 0.32 1.0 47 122 10 10 0.31 203 10 131449 5 0.2 5 2 0.36 1.0 48 123 10 10 0.37 227 10 136449 5 0.2 5 2 0.30 0.9 45 122 10 10 0.33 218 10 118400 5 0.2 4 2 0.26 0.9 43 121 10 10 0.33 202 10 133312 5 0.2 2 2 0.22 0.9 32 121 10 10 0.32 182 10 115323 5 0.2 3 2 0.19 0.9 34 130 10 10 0.28 176 10 117333 5 0.2 3 2 0.22 0.9 35 133 10 10 0.37 176 10 122291 5 0.2 2 2 0.21 0.9 36 127 10 10 0.43 147 10 126319 5 0.2 3 2 0.21 0.8 33 126 10 10 0.42 159 10 129227 5 0.2 2 2 0.19 0.8 34 118 10 10 0.43 154 10 126237 5 0.2 2 2 0.20 0.8 34 119 10 10 0.44 167 10 162287 5 0.2 2 2 0.21 0.8 33 119 10 10 0.40 155 10 130329 5 0.2 2 2 0.19 0.8 33 121 10 10 0.41 129 10 137

1338 5 0.2 2 2 0.01 0.5 43 998 10 10 0.02 192 10 134299 5 0.2 2 2 0.17 0.8 30 120 10 10 0.37 124 10 118318 5 0.2 2 2 0.17 0.8 32 116 10 10 0.36 137 10 120301 5 0.2 2 2 0.18 0.7 30 107 10 10 0.40 133 10 118430 5 0.2 2 2 0.19 0.8 33 118 10 10 0.42 148 10 141860 5 0.2 3 2 0.16 0.9 33 137 10 10 0.28 130 10 117928 5 0.2 2 2 0.19 0.8 33 146 10 10 0.33 151 10 131557 5 0.2 3 2 0.17 0.8 31 125 10 10 0.29 143 10 124418 5 0.2 2 2 0.18 0.8 31 125 10 10 0.32 159 10 121

56 5 0.2 2 2 0.17 0.7 30 112 10 10 0.38 174 10 12838 5 0.2 2 2 0.16 0.7 29 107 10 10 0.38 164 10 12532 5 0.2 2 2 0.17 0.7 29 108 10 10 0.41 146 10 13152 5 0.2 2 2 0.19 0.8 32 102 10 10 0.55 182 10 11834 5 0.2 2 2 0.20 1.0 35 131 10 10 0.29 187 10 16236 5 0.2 2 2 0.20 0.9 34 125 10 10 0.34 175 10 15324 5 0.2 2 2 0.14 0.9 34 134 10 10 0.34 164 10 15717 5 0.2 2 2 0.13 0.7 32 131 10 10 0.34 189 10 16027 5 0.2 2 2 0.14 0.7 33 134 10 10 0.37 226 10 18624 5 0.2 2 2 0.14 0.8 34 138 10 10 0.29 221 10 24937 5 0.2 2 2 0.11 0.7 30 117 10 10 0.30 211 10 171

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405582 10 47 10 2.19 0.01 1 2.58 5 25 0.30 1 4.69 0.5 2.14 28405583 10 18 76 2.56 0.04 1 1.78 5 89 0.10 1 0.45 0.5 0.42 15405584 10 28 94 3.35 0.05 1 1.64 5 141 0.12 1 0.53 0.5 0.46 25405585 10 36 84 3.53 0.05 1 1.16 5 179 0.14 1 0.62 0.5 0.65 10405586 10 77 250 3.64 0.09 1 1.27 5 158 0.16 1 0.98 0.5 1.26 21405587 10 46 106 3.73 0.05 1 0.89 5 201 0.15 1 0.71 0.5 0.68 9405588 10 55 143 3.63 0.08 1 1.11 5 177 0.15 1 0.84 0.5 0.88 14405589 10 44 118 3.16 0.04 1 0.91 5 162 0.16 1 0.71 0.5 0.66 16405590 10 47 120 3.17 0.04 1 0.82 5 158 0.17 1 0.80 0.5 0.75 17405591 10 137 64 3.22 0.07 1 0.97 5 151 0.22 1 1.10 0.5 0.92 24405592 10 84 106 3.18 0.04 1 0.96 5 144 0.20 1 0.93 0.5 0.70 13405593 10 117 85 3.10 0.06 1 0.78 5 144 0.21 1 1.05 0.5 0.99 12405594 10 184 116 3.36 0.10 1 0.87 5 151 0.28 1 1.37 0.5 1.35 12405595 10 150 106 3.13 0.09 1 0.85 5 148 0.27 1 1.31 0.5 1.30 15405596 10 64 94 2.65 0.06 1 1.78 5 90 0.18 1 0.82 0.5 0.75 25405597 10 83 57 3.07 0.09 1 1.15 5 140 0.20 1 0.95 0.5 0.94 13405598 10 49 103 2.88 0.05 1 1.37 5 118 0.16 1 0.65 0.5 0.66 16405599 10 39 113 2.97 0.05 1 1.21 5 131 0.15 1 0.65 0.5 0.54 16405600 10 30 136 2.64 0.04 1 1.27 5 110 0.16 1 0.60 0.5 0.63 20405601 51 112 452 3.17 0.08 1 1.41 5 122 0.17 1 1.05 0.5 1.37 47405602 10 46 12 2.26 0.01 1 2.62 5 26 0.30 1 4.70 0.5 2.13 29405603 10 37 154 2.87 0.04 1 1.48 5 101 0.16 1 0.71 0.5 0.63 25405604 10 62 114 2.51 0.06 1 1.09 5 93 0.15 1 0.80 0.5 1.00 26405605 10 41 59 2.64 0.08 1 1.22 5 101 0.15 1 0.58 0.5 0.80 22405606 10 71 38 2.55 0.09 1 1.53 5 94 0.15 1 0.71 0.5 0.80 16405607 10 41 35 2.37 0.05 1 1.14 5 85 0.16 1 0.59 0.5 0.72 20405608 10 86 35 2.05 0.12 1 1.05 5 67 0.19 1 0.86 0.5 1.07 16405609 10 66 29 2.02 0.09 1 1.65 5 57 0.15 1 0.75 0.5 0.92 24405610 10 58 119 3.87 0.11 1 1.51 5 108 0.15 1 1.50 0.5 2.65 51405611 10 60 48 2.34 0.09 1 1.35 5 73 0.15 1 0.70 0.5 0.92 33405612 10 49 89 2.26 0.09 1 1.30 5 67 0.15 1 0.72 0.5 1.06 37405613 10 11 50 0.87 0.01 1 0.39 5 26 0.14 1 0.45 0.5 0.49 34405614 16 53 44 2.38 0.09 1 1.28 5 73 0.14 1 0.64 0.5 0.93 26405615 37 44 57 2.51 0.09 1 1.46 5 81 0.18 1 0.72 0.5 0.98 40405616 14 65 58 2.36 0.08 1 1.76 5 82 0.15 1 0.56 0.5 1.01 23405617 40 51 54 3.14 0.11 1 1.43 5 110 0.18 1 0.91 0.5 1.21 38405618 10 57 57 2.59 0.07 1 1.52 5 99 0.17 1 0.75 0.5 0.75 18405619 34 64 65 2.50 0.09 1 1.39 5 75 0.16 1 0.92 0.5 0.97 31405620 10 36 66 2.70 0.06 1 1.81 5 80 0.14 1 0.55 0.5 0.64 28

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SampleNumber------------405582405583405584405585405586405587405588405589405590405591405592405593405594405595405596405597405598405599405600405601405602405603405604405605405606405607405608405609405610405611405612405613405614405615405616405617405618405619405620

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------1397 5 0.2 2 2 0.01 0.5 44 1047 10 10 0.02 204 10 140

41 5 0.2 2 2 0.13 0.6 28 114 10 10 0.34 182 10 167105 5 0.2 2 2 0.14 0.8 35 131 10 10 0.34 171 10 142261 5 0.2 2 2 0.14 0.9 37 127 10 10 0.35 117 10 113123 5 0.2 2 2 0.08 0.9 35 74 10 15 0.70 152 10 62211 5 0.2 2 2 0.15 0.9 46 133 10 10 0.41 85 10 107247 5 0.2 2 2 0.16 0.9 41 114 10 10 0.52 116 10 96214 5 0.2 2 2 0.10 0.8 38 126 10 10 0.40 88 10 103206 5 0.2 2 2 0.10 0.7 34 104 10 10 0.42 82 10 93130 5 0.2 2 2 0.08 0.8 35 107 10 10 0.27 109 10 100157 5 0.2 2 2 0.12 0.8 38 118 10 10 0.34 90 10 102151 5 0.2 2 2 0.04 0.7 38 104 10 10 0.32 72 10 92150 5 0.2 2 2 0.02 0.8 41 100 10 10 0.39 85 10 76126 5 0.2 2 2 0.02 0.7 37 101 10 10 0.38 82 10 94

95 5 0.2 2 2 0.07 0.6 31 128 10 10 0.37 159 10 127195 5 0.2 2 2 0.05 0.7 32 129 10 10 0.21 121 10 107133 5 0.2 2 2 0.05 0.7 33 133 10 10 0.34 137 10 112163 5 0.2 2 2 0.13 0.7 36 122 10 10 0.42 115 10 117195 5 0.2 2 2 0.12 0.6 36 131 10 10 0.48 130 10 119104 5 0.2 2 2 0.01 0.8 31 69 10 27 0.78 236 10 70

1310 5 0.2 2 2 0.01 0.5 43 1088 10 10 0.02 210 10 144126 5 0.2 2 2 0.08 0.7 33 140 10 10 0.51 169 10 134103 5 0.2 2 2 0.04 0.7 30 96 10 10 0.48 156 10 101

91 5 0.2 2 2 0.02 0.6 30 119 10 10 0.30 147 10 111109 5 0.2 2 2 0.04 0.6 29 134 10 10 0.20 189 10 121153 5 0.2 2 2 0.06 0.6 34 113 10 10 0.30 156 10 94132 5 0.2 2 2 0.02 0.5 28 100 10 10 0.20 134 10 107

54 5 0.2 2 2 0.03 0.5 25 106 10 10 0.24 176 10 11720 5 0.2 2 2 0.01 1.0 24 33 10 10 0.54 521 10 28

218 5 0.2 2 2 0.02 0.6 25 94 10 10 0.29 204 10 8746 5 0.2 2 2 0.01 0.6 25 67 10 12 0.47 220 10 8932 5 0.2 2 2 0.01 0.5 7 16 10 10 0.25 308 10 11165 5 0.2 2 2 0.01 0.6 23 91 10 15 0.36 242 10 11326 5 0.2 2 2 0.01 0.6 22 77 10 20 0.51 238 10 12723 5 0.2 2 2 0.02 0.6 24 120 10 10 0.28 214 10 133

102 5 0.2 2 2 0.01 0.8 31 69 10 19 0.59 217 10 7161 5 0.2 2 2 0.06 0.6 25 121 10 10 0.28 172 10 15855 5 0.2 2 2 0.01 0.6 23 87 10 19 0.47 225 10 9824 5 0.2 2 2 0.07 0.7 26 118 10 10 0.36 254 10 135

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405621 19 37 50 2.59 0.06 1 1.17 5 83 0.19 1 0.80 0.5 0.72 26405622 10 48 10 2.41 0.01 1 2.74 5 27 0.32 1 4.95 0.5 2.20 30405623 44 50 137 2.65 0.09 1 1.52 5 85 0.20 1 0.97 0.5 0.99 35405624 44 46 67 2.42 0.10 1 1.20 5 84 0.19 1 0.89 0.5 0.95 32405625 10 27 42 2.19 0.05 1 1.74 5 62 0.14 1 0.66 0.5 0.71 24405626 10 28 29 2.10 0.06 1 1.67 5 54 0.14 1 0.53 0.5 0.71 21405627 31 33 53 2.63 0.13 1 1.46 5 73 0.14 1 0.61 0.5 0.90 38405628 19 48 76 2.61 0.11 1 1.37 5 73 0.16 1 0.86 0.5 1.02 30405629 10 73 113 4.00 0.11 1 1.74 5 118 0.21 1 1.30 0.5 1.57 26405630 10 79 115 4.15 0.12 1 1.80 5 126 0.18 1 1.21 0.5 1.50 15405631 10 82 125 4.22 0.12 1 1.80 5 127 0.19 1 1.17 0.5 1.47 16405632 13 49 120 2.61 0.07 1 1.54 5 87 0.13 1 0.75 0.5 0.98 29405633 10 27 52 2.26 0.06 1 1.87 5 68 0.10 1 0.41 0.5 0.48 18405634 10 31 67 2.01 0.05 1 1.51 5 66 0.12 1 0.48 0.5 0.57 15405635 10 32 33 2.25 0.07 1 1.35 5 78 0.11 1 0.50 0.5 0.58 14405636 10 34 71 3.02 0.06 1 1.34 5 128 0.13 1 0.55 0.5 0.63 18405637 10 36 67 2.60 0.06 1 1.59 5 83 0.15 1 0.64 0.5 0.71 34405638 16 27 53 2.19 0.05 1 1.54 5 72 0.13 1 0.64 0.5 0.71 22405639 27 45 100 2.68 0.06 1 1.33 5 79 0.23 1 1.29 0.5 0.87 38405640 10 41 72 2.90 0.07 1 1.85 5 105 0.15 1 0.64 0.5 0.72 23405641 10 38 129 3.87 0.04 1 1.07 5 207 0.26 1 0.82 0.5 0.68 15405642 10 45 10 2.42 0.01 1 2.68 5 27 0.32 1 4.85 0.5 2.13 27405643 10 61 129 3.67 0.05 1 0.94 5 198 0.19 1 1.09 0.5 0.82 15405644 10 49 145 3.27 0.04 1 0.85 5 186 0.16 1 0.88 0.5 0.74 10405645 10 44 94 2.59 0.05 1 1.21 5 116 0.14 1 0.70 0.5 0.68 15405646 74 33 190 3.92 0.13 1 1.73 5 97 0.16 1 1.34 0.5 0.93 73405647 81 43 159 3.26 0.12 1 1.65 5 89 0.20 1 1.12 0.5 1.03 43405648 21 46 125 2.52 0.08 1 1.63 5 83 0.18 1 0.91 0.5 0.95 21405649 28 50 198 2.70 0.09 1 1.45 5 106 0.14 1 0.74 0.5 0.97 23405650 21 34 86 2.11 0.10 1 1.36 5 72 0.14 1 0.56 0.5 0.92 21405651 33 76 163 2.49 0.10 1 1.07 5 105 0.17 1 0.97 0.5 1.16 34405652 10 60 48 2.66 0.07 1 1.13 5 92 0.23 1 1.36 0.5 0.97 23405653 10 63 123 3.51 0.05 1 1.03 5 167 0.21 1 1.04 0.5 0.83 16405654 10 56 84 3.76 0.05 1 0.90 5 188 0.17 1 0.90 0.5 0.80 11405655 10 42 86 2.85 0.06 1 1.54 5 109 0.15 1 0.68 0.5 0.65 16405656 14 32 102 3.25 0.06 1 1.68 5 136 0.12 1 0.46 0.5 0.53 22405657 10 26 105 3.41 0.06 1 2.00 5 140 0.10 1 0.47 0.5 0.42 16405658 10 39 114 2.82 0.07 1 1.56 5 104 0.14 1 0.69 0.5 0.66 21405659 25 45 101 2.52 0.09 1 1.71 5 87 0.16 1 0.82 0.5 0.95 24

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SampleNumber------------405621405622405623405624405625405626405627405628405629405630405631405632405633405634405635405636405637405638405639405640405641405642405643405644405645405646405647405648405649405650405651405652405653405654405655405656405657405658405659

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------58 5 0.2 2 2 0.01 0.6 22 86 10 12 0.47 184 10 119

1368 5 0.2 2 2 0.01 0.5 44 >1100 10 10 0.02 219 10 15448 5 0.2 2 2 0.01 0.6 24 90 10 25 0.66 219 10 12048 5 0.2 2 2 0.01 0.6 21 68 10 24 0.59 200 10 9131 5 0.2 2 2 0.06 0.5 24 109 10 10 0.48 241 10 12257 5 0.2 2 2 0.03 0.5 24 110 10 10 0.37 203 10 10964 5 0.2 2 2 0.02 0.7 30 103 10 23 0.43 184 10 9960 5 0.2 2 2 0.02 0.6 28 89 10 22 0.51 184 10 10339 5 0.2 3 2 0.04 1.0 30 39 10 10 0.75 429 10 5820 5 0.2 4 2 0.06 1.1 32 40 10 10 0.70 417 10 6019 5 0.2 4 2 0.04 1.1 29 40 10 10 0.64 454 10 6649 5 0.2 3 2 0.02 0.7 25 74 10 10 0.48 203 10 8158 5 0.2 2 2 0.06 0.6 27 120 10 10 0.27 189 10 12986 5 0.2 2 2 0.06 0.5 23 92 10 10 0.28 165 10 10892 5 0.2 2 2 0.04 0.6 25 106 10 10 0.25 172 10 10993 5 0.2 2 2 0.03 0.7 29 113 10 10 0.33 161 10 11247 5 0.2 2 2 0.02 0.6 25 103 10 11 0.46 216 10 11028 5 0.2 2 2 0.02 0.5 22 101 10 12 0.52 190 10 11242 5 0.2 2 2 0.01 0.6 18 54 10 24 0.80 287 10 8978 5 0.2 2 2 0.04 0.7 28 136 10 10 0.39 229 10 135

743 5 0.2 2 2 0.14 1.0 36 162 10 10 0.45 98 10 1571357 5 0.2 2 2 0.01 0.5 43 >1100 10 10 0.02 213 10 152

897 5 0.2 2 2 0.17 0.9 37 149 10 10 0.58 82 10 116526 5 0.2 2 2 0.14 0.8 30 123 10 10 0.47 78 10 150203 5 0.2 2 2 0.06 0.6 24 115 10 10 0.34 153 10 128

26 5 0.2 2 2 0.03 0.9 19 27 10 48 >1.10 587 10 4124 5 0.2 2 2 0.01 0.8 19 53 10 42 0.87 449 10 7669 5 0.2 2 2 0.01 0.6 24 106 10 13 0.55 224 10 13653 5 0.2 2 2 0.01 0.7 24 87 10 17 0.55 170 10 8531 5 0.2 2 2 0.01 0.5 19 78 10 15 0.41 172 10 10464 5 0.2 2 2 0.01 0.6 20 58 10 23 0.59 157 10 79

123 5 0.2 2 2 0.06 0.6 23 93 10 10 0.56 168 10 139488 5 0.2 2 2 0.14 0.8 38 149 10 10 0.48 113 10 143606 5 0.2 2 2 0.10 0.9 38 154 10 10 0.35 91 10 107110 5 0.2 2 2 0.08 0.7 30 124 10 10 0.39 153 10 146

59 5 0.2 2 2 0.06 0.8 27 122 10 10 0.28 191 10 139110 5 0.2 2 2 0.11 0.8 31 128 10 10 0.29 231 10 150106 5 0.2 2 2 0.04 0.7 28 117 10 10 0.45 166 10 134

39 5 0.2 2 2 0.02 0.6 26 104 10 14 0.48 187 10 111

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm------------ ----------------------- ---------- ---------------------- ---------- ---------- ---------- ------------ ---------- ---------- ---------- ---------- ---------- ---------- ----------405660 20 29 78 2.39 0.07 1 1.63 5 75 0.20 1 0.62 0.5 0.72 19405661 10 37 57 2.11 0.08 1 1.02 5 52 0.23 1 1.02 0.5 1.12 18405662 10 44 10 2.01 0.01 1 2.24 5 22 0.28 1 4.22 0.5 1.93 22405663 10 28 51 2.45 0.08 1 1.22 5 80 0.16 1 0.62 0.5 0.53 26405664 10 34 148 2.44 0.08 1 1.33 5 106 0.11 1 0.60 0.5 0.49 14

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SampleNumber------------405660405661405662405663405664

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ----------- --------54 5 0.2 2 2 0.03 0.6 25 116 10 10 0.40 193 10 12453 5 0.2 2 2 0.04 0.5 16 56 10 10 0.36 456 10 124

1391 5 0.2 2 2 0.01 0.5 42 1061 10 10 0.02 181 10 125298 5 0.2 2 2 0.07 0.6 29 152 10 10 0.37 142 10 98

62 5 0.2 2 2 0.12 0.6 26 101 10 10 0.46 142 10 95

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Assay CertificateClient: Celtic Minerals LimitedGeologist: Mark Graves Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187,Sample: Core 403 Little Bay Road

Springdale, NfldDskFile: 634-E86767 A0J 1T0

DateIn: January 23, 2008 Phone: 709-673-3909DateOut: February 05, 2008 Fax: 709-673-3408

Email:[email protected] ------------------- -------------- -------------- -------------- -------------- -------------- ----------------------------------------------------------------SAMPLE NiNUMBER %------------------- ------------------- -------------- -------------- -------------- -------------- -------------- ----------------------------------------------------------------406422 0.14406482 0.13406502 0.13

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ICP Geochemistry CertificateClient: Celtic Minerals LimitedGeologisMark Graves Eastern Analytical LimitedProject: Budgell's Hbr. P.O. Box 187Sample: Core Little Bay Road

Springdale, NFDskFile: 634-E86725 A0J 1T0

DateIn: January 23, 2008 Phone: 709-673-3909DateOut January 31, 2008 Fax: 709-673-3408

Email:[email protected] ----------------------- ---------------------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406309 10 29 28 5.78 0.05 1 1.20 5 246 0.12 1 0.39 0.5 0.73 17406310 10 18 15 5.44 0.03 1 1.46 5 226 0.09 1 0.26 0.5 0.58 12406311 10 23 10 5.22 0.06 1 0.91 5 229 0.08 1 0.26 0.5 0.63 28406312 10 11 10 6.90 0.01 1 0.75 5 283 0.10 1 0.28 0.5 0.55 18406313 10 12 10 6.42 0.01 1 0.87 5 263 0.11 1 0.27 0.5 0.51 15406314 10 18 12 5.63 0.06 1 0.92 5 256 0.12 1 0.27 0.5 0.73 11406315 10 13 10 5.60 0.01 1 0.73 5 273 0.09 1 0.25 0.5 0.64 10406316 10 14 14 5.07 0.01 1 0.76 5 239 0.11 1 0.30 0.5 0.62 24406317 10 30 10 6.80 0.03 1 0.75 5 333 0.11 1 0.41 0.5 0.89 15406318 10 17 12 5.44 0.01 1 0.81 5 259 0.10 1 0.32 0.5 0.72 13406319 10 13 11 4.81 0.01 1 0.80 5 207 0.11 1 0.28 0.5 0.75 14406320 10 12 10 6.29 0.01 1 0.66 5 264 0.11 1 0.32 0.5 0.69 21406321 10 12 10 5.28 0.01 1 0.66 5 243 0.08 1 0.27 0.5 0.76 25406322 10 11 10 5.50 0.01 1 0.61 5 252 0.08 1 0.28 0.5 0.63 14406323 10 15 11 5.65 0.01 1 0.66 5 279 0.10 1 0.31 0.5 0.83 12406324 10 11 10 5.88 0.01 1 0.82 5 271 0.09 1 0.25 0.5 0.53 16406325 10 10 10 5.59 0.01 1 0.78 5 223 0.09 1 0.26 0.5 0.54 22406326 10 9 10 5.32 0.01 1 1.10 5 216 0.10 1 0.24 0.5 0.46 22406327 10 21 10 4.91 0.05 1 0.62 5 235 0.09 1 0.32 0.5 0.99 20406328 10 25 28 4.36 0.03 1 0.85 5 204 0.12 1 0.43 0.5 1.26 17406329 10 44 88 4.31 0.12 1 2.12 5 131 0.12 1 1.48 0.5 2.98 49406330 10 31 33 3.79 0.02 1 0.89 5 183 0.11 1 0.44 0.5 0.93 18406331 10 30 16 4.78 0.03 1 1.34 5 205 0.13 1 0.38 0.5 0.88 15

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Client:GeologisProject:Sample:

DskFile:

DateIn: DateOut

-----------SampleNumber------------406309406310406311406312406313406314406315406316406317406318406319406320406321406322406323406324406325406326406327406328406329406330406331

Signed by:______________________ G. Smith

(Concentrations in assay range may cause interferences in associated elements.)

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Cr

ppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------

472 5 0.2 3 2 0.08 1.6 55 151 10 10 0.09 158 10 143464 5 0.2 3 2 0.08 1.6 42 177 10 10 0.04 168 10 223487 5 0.2 3 2 0.23 1.5 49 172 10 10 0.02 197 10 112603 5 0.2 4 2 0.34 2.1 57 173 10 10 0.02 226 10 117747 5 0.2 4 2 0.36 1.9 50 183 10 10 0.03 219 10 137735 5 0.2 4 2 0.14 1.7 44 168 10 10 0.04 143 10 134574 5 0.2 3 2 0.09 1.7 43 149 10 10 0.03 103 10 158322 5 0.2 3 2 0.21 1.5 39 114 10 10 0.05 177 10 161425 5 0.2 4 2 0.28 2.0 48 149 10 10 0.03 185 10 150407 5 0.2 3 2 0.16 1.6 39 135 10 10 0.04 158 10 142419 5 0.2 3 2 0.26 1.4 38 127 10 10 0.04 210 10 128562 5 0.2 4 2 0.31 1.9 48 131 10 10 0.02 238 10 120560 5 0.2 4 2 0.21 1.6 43 122 10 10 0.02 175 10 108479 5 0.2 4 2 0.25 1.6 44 117 10 10 0.02 185 10 107459 5 0.2 4 2 0.12 1.7 39 111 10 10 0.03 115 10 105492 5 0.2 4 2 0.18 1.8 48 136 10 10 0.03 172 10 135525 5 0.2 5 2 0.34 1.7 48 144 10 10 0.03 262 10 173571 5 0.2 5 2 0.27 1.6 49 144 10 10 0.03 257 10 153531 5 0.2 4 2 0.20 1.5 41 127 10 10 0.03 193 10 70516 5 0.2 3 2 0.12 1.4 35 112 10 10 0.08 196 10 11937 5 0.2 2 2 0.08 1.3 33 27 10 10 0.52 563 10 11

433 5 0.2 3 2 0.07 1.2 34 105 10 10 0.11 102 10 110549 5 0.2 3 2 0.04 1.5 44 167 10 10 0.06 170 10 121

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406332 10 16 20 4.42 0.02 1 1.11 5 192 0.10 1 0.30 0.5 0.57 12406333 10 24 34 3.82 0.02 1 1.21 5 159 0.12 1 0.37 0.5 0.75 12406334 10 21 33 3.81 0.02 1 1.39 5 159 0.11 1 0.37 0.5 0.66 14406335 10 19 26 3.61 0.01 1 1.49 5 146 0.10 1 0.31 0.5 0.52 19406336 10 23 25 3.94 0.01 1 1.57 5 164 0.15 1 0.34 0.5 0.62 14406337 10 43 27 4.01 0.02 1 1.55 5 169 0.14 1 0.48 0.5 0.72 14406338 10 67 26 3.86 0.06 1 1.38 5 166 0.15 1 0.64 0.5 0.82 14406339 10 152 38 3.82 0.05 1 1.24 5 181 0.21 1 1.15 0.5 1.21 15406340 10 39 26 4.35 0.03 1 1.34 5 191 0.11 1 0.39 0.5 0.61 18406341 10 35 31 4.23 0.02 1 1.23 5 189 0.34 1 0.49 0.5 0.68 16406342 10 50 11 2.46 0.01 1 3.13 5 28 0.33 1 5.38 0.5 2.64 28406343 10 53 34 4.18 0.03 1 1.25 5 188 0.19 1 0.48 0.5 0.84 16406344 10 44 47 4.21 0.06 1 1.17 5 187 0.28 1 0.53 0.5 0.90 15406345 10 33 38 4.39 0.04 1 1.30 5 185 0.21 1 0.40 0.5 0.60 19406346 10 34 38 3.93 0.03 1 1.15 5 162 0.22 1 0.43 0.5 0.64 16406347 10 36 47 3.50 0.04 1 1.51 5 142 0.25 1 0.51 0.5 0.73 22406348 10 34 57 3.72 0.04 1 1.23 5 150 0.27 1 0.46 0.5 0.69 16406349 10 34 75 3.93 0.04 1 1.53 5 152 0.30 1 0.49 0.5 0.69 19406350 10 59 53 3.94 0.09 1 1.83 5 135 0.26 1 0.53 0.5 0.73 21406359 10 36 69 4.07 0.03 1 1.68 5 151 0.34 1 0.48 0.5 0.61 22406360 10 39 67 3.48 0.03 1 0.98 5 145 0.24 1 0.51 0.5 0.75 22406361 10 46 53 4.91 0.06 1 1.21 5 217 0.28 1 0.60 0.5 0.83 22406362 10 49 12 2.59 0.01 1 2.99 5 28 0.33 1 5.28 0.5 2.48 27406363 12 164 32 4.63 0.25 1 0.90 5 199 0.38 1 1.10 0.5 1.70 19406364 10 45 61 3.86 0.06 1 1.26 5 160 0.23 1 0.54 0.5 0.75 19406365 10 49 65 3.90 0.08 1 1.61 5 147 0.25 1 0.55 0.5 0.73 26406366 10 32 112 3.24 0.05 1 1.65 5 119 0.27 1 0.51 0.5 0.68 20406367 10 42 105 3.59 0.04 1 1.29 5 151 0.28 1 0.56 0.5 0.88 23406368 10 44 124 3.89 0.05 1 1.58 5 151 0.28 1 0.58 0.5 0.89 20406369 20 51 172 3.47 0.08 1 1.89 5 126 0.30 1 0.60 0.5 0.83 21406370 41 46 194 4.50 0.13 1 2.04 5 127 0.32 1 0.59 0.5 0.97 35406371 10 40 188 3.77 0.08 1 2.17 5 135 0.26 1 0.55 0.5 0.63 25406372 56 56 67 3.67 0.24 1 1.00 5 139 0.31 1 0.40 0.5 1.21 24406373 10 40 153 3.35 0.07 1 2.20 5 121 0.27 1 0.56 0.5 0.70 22406374 10 41 128 3.05 0.04 1 1.32 5 138 0.25 1 0.63 0.5 0.87 25406375 10 36 177 3.15 0.05 1 1.29 5 135 0.21 1 0.62 0.5 0.72 18

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SampleNumber------------406332406333406334406335406336406337406338406339406340406341406342406343406344406345406346406347406348406349406350406359406360406361406362406363406364406365406366406367406368406369406370406371406372406373406374406375

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------315 5 0.2 2 2 0.05 1.4 48 141 10 10 0.06 126 10 112190 5 0.2 2 2 0.06 1.2 42 118 10 10 0.11 150 10 132163 5 0.2 2 2 0.07 1.2 41 109 10 10 0.12 168 10 101210 5 0.2 2 2 0.05 1.1 41 119 10 10 0.08 170 10 98177 5 0.2 2 2 0.06 1.2 39 120 10 10 0.08 174 10 129146 5 0.2 2 2 0.05 1.2 41 136 10 10 0.08 163 10 124133 5 0.2 2 2 0.06 1.1 39 120 10 10 0.09 174 10 121266 5 0.2 2 2 0.08 1.1 39 138 10 10 0.09 178 10 128494 5 0.2 3 2 0.05 1.4 37 142 10 10 0.08 157 10 120396 5 0.2 3 2 0.08 1.3 35 124 10 10 0.10 163 10 178

1387 5 0.2 2 2 0.01 0.5 48 1023 10 10 0.02 250 10 157372 5 0.2 3 2 0.06 1.3 34 125 10 10 0.11 149 10 174563 5 0.2 3 2 0.13 1.3 39 149 10 10 0.13 173 10 140365 5 0.2 3 2 0.18 1.4 39 134 10 10 0.09 219 10 149373 5 0.2 2 2 0.15 1.2 42 136 10 10 0.10 182 10 115164 5 0.2 2 2 0.08 1.0 37 109 10 10 0.19 175 10 141311 5 0.2 2 2 0.11 1.1 41 132 10 10 0.15 169 10 139258 5 0.2 2 2 0.08 1.2 41 135 10 10 0.19 172 10 160271 5 0.2 2 2 0.07 1.2 41 151 10 10 0.12 231 10 133279 5 0.2 2 2 0.11 1.2 41 148 10 10 0.16 220 10 150480 5 0.2 3 2 0.11 1.1 39 147 10 10 0.16 139 10 108398 5 0.2 3 2 0.20 1.5 39 148 10 10 0.15 215 10 150

1350 5 0.2 2 2 0.01 0.5 46 1048 10 10 0.02 240 10 154227 5 0.2 2 2 0.05 1.4 40 93 10 11 0.09 239 10 94364 5 0.2 2 2 0.11 1.2 36 135 10 10 0.15 175 10 128318 5 0.2 2 2 0.13 1.1 37 136 10 10 0.16 229 10 131248 5 0.2 2 2 0.14 1.0 34 128 10 10 0.24 215 10 122362 5 0.2 2 2 0.12 1.1 36 131 10 10 0.22 175 10 128396 5 0.2 2 2 0.09 1.2 37 137 10 10 0.24 205 10 128123 5 0.2 2 2 0.03 1.0 35 118 10 10 0.31 236 10 120112 5 0.2 2 2 0.03 1.3 41 116 10 13 0.39 242 10 14684 5 0.2 2 2 0.10 1.1 35 129 10 10 0.31 255 10 130

138 5 0.2 2 2 0.02 1.1 34 73 10 27 0.10 194 10 119155 5 0.2 2 2 0.09 1.0 38 133 10 10 0.34 243 10 143370 5 0.2 2 2 0.12 0.9 33 109 10 10 0.31 156 10 111289 5 0.2 2 2 0.18 0.9 39 123 10 10 0.35 159 10 93

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406376 10 30 136 3.36 0.07 1 1.83 5 121 0.26 1 0.58 0.5 0.59 20406377 10 55 297 3.11 0.05 1 2.02 5 111 0.24 1 0.77 0.5 0.73 23406378 10 65 243 3.32 0.07 1 2.35 5 100 0.21 1 0.66 0.5 0.70 27406379 17 129 246 3.27 0.06 1 2.03 5 115 0.32 1 0.86 0.5 1.02 32406380 81 81 171 4.20 0.35 1 0.79 5 98 0.23 1 0.57 0.5 1.56 28406381 10 35 250 3.10 0.08 1 2.03 5 103 0.21 1 0.64 0.5 0.76 22406382 10 50 11 2.38 0.01 1 3.01 5 26 0.31 1 5.20 0.5 2.50 27406383 13 98 99 3.42 0.09 1 1.46 5 148 0.25 1 0.90 0.5 1.57 16406384 46 116 97 4.09 0.21 1 1.49 5 150 0.30 1 1.10 0.5 1.92 36406385 10 45 94 3.42 0.04 1 1.10 5 162 0.20 1 0.63 0.5 1.12 11406386 10 47 136 3.34 0.04 1 1.35 5 142 0.22 1 0.69 0.5 1.00 15406387 10 25 211 2.84 0.04 1 1.68 5 105 0.20 1 0.73 0.5 0.90 18406388 10 42 301 2.86 0.03 1 1.60 5 116 0.27 1 0.94 0.5 0.84 19406389 10 21 128 3.42 0.03 1 1.71 5 142 0.22 1 0.66 0.5 0.66 19406390 10 30 97 2.81 0.04 1 1.44 5 115 0.12 1 0.54 0.5 0.73 15406391 10 33 119 3.43 0.05 1 1.31 5 158 0.24 1 0.70 0.5 0.83 27406392 10 35 114 3.09 0.05 1 1.33 5 131 0.29 1 0.67 0.5 0.78 16406393 10 34 112 3.40 0.05 1 1.02 5 163 0.29 1 0.65 0.5 0.83 18406394 10 31 87 3.20 0.05 1 1.21 5 139 0.23 1 0.56 0.5 0.75 15406395 10 30 80 2.80 0.04 1 1.07 5 125 0.26 1 0.56 0.5 0.83 17406396 10 21 105 3.12 0.05 1 1.33 5 131 0.33 1 0.60 0.5 0.67 23406397 10 35 35 5.25 0.10 1 0.80 5 232 0.30 1 0.61 0.5 0.98 18406398 13 33 11 5.31 0.15 1 0.55 5 227 0.31 1 0.70 0.5 1.00 30406399 22 29 10 4.51 0.14 1 0.42 5 201 0.26 1 0.75 0.5 1.15 33406400 10 58 25 5.18 0.14 1 0.47 5 237 0.35 1 1.01 0.5 1.19 28406401 11 60 15 3.74 0.23 1 0.52 5 170 0.29 1 0.64 0.5 1.24 25406402 10 46 10 2.50 0.01 1 2.84 5 27 0.31 1 5.00 0.5 2.36 26406403 10 25 49 2.86 0.05 1 1.03 5 136 0.31 1 0.54 0.5 0.99 23406404 10 45 61 3.33 0.10 1 1.70 5 122 0.29 1 0.61 0.5 0.95 24406405 10 26 107 2.57 0.05 1 1.72 5 91 0.21 1 0.53 0.5 0.75 20406406 10 29 118 3.23 0.08 1 2.58 5 98 0.28 1 0.61 0.5 0.83 27406407 10 50 132 3.45 0.08 1 2.06 5 123 0.23 1 0.73 0.5 0.86 25406408 26 65 178 3.29 0.04 1 2.01 5 127 0.30 1 0.86 0.5 1.46 20406409 31 71 181 3.44 0.08 1 1.81 5 149 0.28 1 0.84 0.5 1.45 23406410 10 58 154 3.33 0.07 1 1.66 5 144 0.24 1 0.76 0.5 1.19 25406411 10 56 116 3.20 0.05 1 1.43 5 138 0.28 1 0.70 0.5 1.12 19

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SampleNumber------------406376406377406378406379406380406381406382406383406384406385406386406387406388406389406390406391406392406393406394406395406396406397406398406399406400406401406402406403406404406405406406406407406408406409406410406411

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------375 5 0.2 2 2 0.14 1.0 42 138 10 10 0.34 218 10 137264 5 0.2 2 2 0.14 0.9 39 141 10 10 0.54 212 10 106209 5 0.2 2 2 0.09 1.0 41 151 10 10 0.44 280 10 131198 5 0.2 2 2 0.05 0.9 38 139 10 10 0.47 250 10 139136 5 0.2 2 2 0.01 1.3 46 70 10 37 0.20 129 10 74119 5 0.2 2 2 0.12 0.9 38 121 10 10 0.48 230 10 123

1364 5 0.2 2 2 0.01 0.5 47 959 10 10 0.02 238 10 151160 5 0.2 2 2 0.01 1.0 34 101 10 10 0.28 214 10 121110 5 0.2 2 2 0.01 1.2 30 56 10 16 0.26 426 10 75325 5 0.2 2 2 0.10 1.1 39 106 10 10 0.26 115 10 106317 5 0.2 2 2 0.14 1.0 39 127 10 10 0.35 148 10 87161 5 0.2 2 2 0.19 0.8 35 120 10 10 0.57 186 10 117181 5 0.2 2 2 0.18 0.8 34 109 10 10 0.68 153 10 104243 5 0.2 2 2 0.19 1.0 36 130 10 10 0.49 182 10 114186 5 0.2 2 2 0.13 0.8 34 115 10 10 0.33 154 10 95325 5 0.2 2 2 0.15 1.0 34 115 10 10 0.40 143 10 114355 5 0.2 2 2 0.13 0.9 33 114 10 10 0.37 148 10 95422 5 0.2 2 2 0.12 1.0 34 111 10 10 0.33 126 10 105359 5 0.2 2 2 0.11 0.9 34 115 10 10 0.28 130 10 93291 5 0.2 2 2 0.10 0.8 29 100 10 10 0.30 124 10 96172 5 0.2 2 2 0.14 0.9 37 119 10 10 0.38 147 10 102304 5 0.2 2 2 0.05 1.5 51 102 10 10 0.16 139 10 87111 5 0.2 2 2 0.01 1.6 33 35 10 10 0.04 191 10 52106 5 0.2 2 2 0.01 1.3 31 29 10 10 0.02 160 10 43105 5 0.2 2 2 0.01 1.5 33 32 10 10 0.02 231 10 51136 5 0.2 2 2 0.01 1.1 32 71 10 10 0.05 211 10 122

1384 5 0.2 2 2 0.01 0.5 47 1065 10 10 0.02 229 10 146154 5 0.2 2 2 0.02 0.8 34 128 10 10 0.27 141 10 127142 5 0.2 2 2 0.04 1.0 37 133 10 10 0.25 275 10 131128 5 0.2 2 2 0.05 0.8 32 122 10 10 0.35 209 10 10271 5 0.2 2 2 0.09 0.9 34 151 10 10 0.43 343 10 18581 5 0.2 2 2 0.09 1.0 37 140 10 10 0.42 265 10 15192 5 0.2 2 2 0.08 0.9 34 109 10 10 0.57 246 10 119

201 5 0.2 2 2 0.02 1.0 38 125 10 10 0.49 208 10 104252 5 0.2 2 2 0.05 1.0 39 126 10 10 0.43 190 10 103299 5 0.2 2 2 0.06 0.9 41 130 10 10 0.38 169 10 100

Page 156: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406412 10 60 132 3.66 0.04 1 1.76 5 145 0.35 1 1.02 0.5 1.57 31406413 10 41 48 3.96 0.03 1 1.04 5 180 0.20 1 0.50 0.5 0.72 16406414 10 44 46 3.64 0.04 1 1.09 5 155 0.26 1 0.50 0.5 0.81 16406415 10 35 48 3.31 0.04 1 1.22 5 137 0.18 1 0.41 0.5 0.68 21406416 10 36 69 4.06 0.04 1 1.80 5 164 0.21 1 0.47 0.5 0.68 19406417 10 43 43 4.09 0.03 1 1.28 5 178 0.24 1 0.48 0.5 0.70 15406418 10 44 42 3.76 0.04 1 1.08 5 169 0.19 1 0.51 0.5 0.77 16406419 14 129 41 5.80 0.10 1 0.80 5 309 0.34 1 1.01 0.5 1.54 20406420 20 153 53 5.44 0.11 1 0.88 5 286 0.32 1 1.18 0.5 1.57 21406421 10 48 41 5.59 0.04 1 1.03 5 274 0.27 1 0.87 0.5 1.20 9406422 10 49 11 2.62 0.01 1 2.99 5 29 0.32 1 5.22 0.5 2.47 25406423 10 88 40 5.16 0.07 1 1.90 5 225 0.28 1 0.72 0.5 0.85 18406424 10 87 91 2.95 0.10 1 2.08 5 99 0.18 1 0.74 0.5 1.13 23406425 49 >220 121 5.23 0.30 1 1.35 5 204 0.41 1 2.29 0.5 2.99 34406426 10 96 44 4.36 0.08 1 0.99 5 224 0.21 1 0.73 0.5 1.26 11406427 10 107 52 3.88 0.14 1 1.68 5 157 0.17 1 0.73 0.5 1.13 27406428 34 45 149 5.34 0.11 1 1.96 5 167 0.19 1 1.56 0.5 2.48 55406429 10 108 51 5.06 0.09 1 0.82 5 269 0.24 1 0.92 0.5 1.36 18406430 10 63 46 3.77 0.05 1 0.74 5 194 0.15 1 0.56 0.5 0.80 16406431 10 91 33 3.66 0.23 1 1.39 5 125 0.15 1 0.58 0.5 1.14 21406432 10 63 37 4.29 0.10 1 0.65 5 234 0.17 1 0.57 0.5 0.94 22406433 10 85 48 5.49 0.24 1 1.69 5 221 0.19 1 0.99 0.5 1.28 22406434 10 46 64 3.70 0.12 1 1.45 5 148 0.13 1 0.39 0.5 0.68 21406435 22 138 99 4.44 0.29 1 1.22 5 175 0.24 1 0.86 0.5 1.49 22406436 10 58 55 3.68 0.17 1 1.97 5 119 0.13 1 0.40 0.5 0.81 23406437 15 >220 82 3.01 0.13 1 1.34 5 135 0.12 1 0.55 0.5 1.08 22406438 10 32 36 3.06 0.14 1 1.68 5 115 0.11 1 0.31 0.5 0.77 21406439 10 54 10 3.93 0.14 1 0.85 5 151 0.21 1 0.80 0.5 1.00 21406440 15 118 12 4.45 0.16 1 0.61 5 156 0.23 1 1.00 0.5 1.31 21406441 10 28 10 4.29 0.16 1 0.78 5 159 0.14 1 0.39 0.5 0.72 25406442 10 48 10 2.36 0.01 1 2.87 5 27 0.30 1 4.99 0.5 2.42 25406443 13 88 22 4.42 0.39 1 1.56 5 169 0.14 1 0.54 0.5 1.49 24406444 58 92 20 5.78 0.50 1 0.71 5 309 0.14 1 0.51 0.5 2.58 24406445 10 >220 70 3.68 0.30 1 1.34 5 140 0.22 1 1.28 0.5 1.76 23406446 10 126 38 5.11 0.18 1 2.34 5 150 0.18 1 0.75 0.5 1.09 39406447 10 57 35 4.80 0.07 1 0.60 5 223 0.13 1 0.64 0.5 0.89 22

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SampleNumber------------406412406413406414406415406416406417406418406419406420406421406422406423406424406425406426406427406428406429406430406431406432406433406434406435406436406437406438406439406440406441406442406443406444406445406446406447

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------223 5 0.2 2 2 0.06 1.1 37 102 10 10 0.49 297 10 123489 5 0.2 3 2 0.11 1.2 46 150 10 10 0.12 146 10 109298 5 0.2 2 2 0.10 1.1 44 144 10 10 0.11 159 10 110261 5 0.2 2 2 0.10 1.0 39 129 10 10 0.11 174 10 96155 5 0.2 2 2 0.08 1.2 41 135 10 10 0.15 216 10 12994 5 0.2 2 2 0.08 1.2 40 108 10 10 0.11 174 10 114

114 5 0.2 2 2 0.09 1.1 36 117 10 10 0.13 156 10 128396 5 0.2 2 2 0.05 1.7 47 123 10 10 0.10 143 10 69499 5 0.2 2 2 0.03 1.6 51 120 10 10 0.14 91 10 72329 5 0.2 3 2 0.13 1.7 61 109 10 10 0.10 78 10 89

1412 5 0.2 2 2 0.01 0.5 48 >1100 10 10 0.02 241 10 153212 5 0.2 2 2 0.05 1.5 49 180 10 10 0.10 224 10 189136 5 0.2 2 2 0.03 0.9 35 128 10 10 0.27 274 10 10373 5 0.2 2 2 0.01 1.5 34 31 10 19 0.41 256 10 37

360 5 0.2 2 2 0.04 1.3 37 132 10 10 0.13 123 10 114152 5 0.2 2 2 0.05 1.2 35 129 10 10 0.14 241 10 12753 5 0.2 2 2 0.03 1.6 33 36 10 10 0.72 422 10 23

258 5 0.2 2 2 0.06 1.5 44 127 10 10 0.11 138 10 115380 5 0.2 2 2 0.14 1.2 35 121 10 10 0.09 154 10 93153 5 0.2 2 2 0.03 1.1 34 89 10 10 0.07 297 10 83476 5 0.2 3 2 0.08 1.3 38 122 10 10 0.09 135 10 77218 5 0.2 2 2 0.09 1.6 42 126 10 10 0.06 406 10 13292 5 0.2 2 2 0.08 1.1 30 120 10 10 0.11 248 10 109

151 5 0.2 2 2 0.04 1.3 38 91 10 12 0.10 293 10 8394 5 0.2 2 2 0.04 1.1 34 136 10 10 0.09 282 10 166

142 5 0.2 2 2 0.01 1.0 33 111 10 10 0.19 201 10 88103 5 0.2 2 2 0.02 0.9 33 129 10 10 0.13 249 10 112113 5 0.2 2 2 0.01 1.1 28 33 10 10 0.04 285 10 28148 5 0.2 2 2 0.01 1.3 31 35 10 10 0.02 244 10 29112 5 0.2 2 2 0.02 1.3 28 36 10 10 0.02 281 10 28

1360 5 0.2 2 2 0.01 0.5 47 1023 10 10 0.02 278 10 142162 5 0.2 2 2 0.02 1.3 48 136 10 10 0.06 280 10 110177 5 0.2 3 2 0.01 1.8 58 62 10 27 0.06 175 10 2680 5 0.2 2 2 0.07 1.1 32 97 10 10 0.08 300 10 92

126 5 0.2 2 2 0.10 1.5 48 218 10 10 0.07 448 10 153288 5 0.2 2 2 0.07 1.4 61 126 10 10 0.09 128 10 37

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406448 10 55 25 5.13 0.09 1 0.59 5 253 0.16 1 0.56 0.5 1.02 19406449 18 55 33 5.84 0.08 1 0.58 5 284 0.16 1 0.61 0.5 1.02 19406450 20 70 28 5.36 0.14 1 0.54 5 254 0.16 1 0.73 0.5 1.21 22406451 10 66 43 5.12 0.09 1 0.56 5 245 0.17 1 0.70 0.5 1.14 28406452 10 101 30 6.66 0.37 1 0.76 5 340 0.18 1 0.84 0.5 2.28 22406453 10 122 31 4.64 0.16 1 0.89 5 216 0.18 1 0.93 0.5 1.66 17406454 10 127 22 4.41 0.47 1 0.77 5 227 0.16 1 0.85 0.5 2.34 25406455 101 73 39 3.84 0.30 1 1.46 5 66 0.18 2 1.18 0.5 3.06 46406456 21 182 37 4.66 0.38 1 0.82 5 228 0.26 1 1.30 0.5 2.40 28406457 10 131 37 4.82 0.17 1 0.69 5 240 0.23 1 1.12 0.5 1.69 19406458 10 47 20 4.23 0.12 1 1.01 5 185 0.12 1 0.41 0.5 0.83 15406459 33 >220 30 4.18 0.49 1 0.84 5 207 0.22 1 1.33 0.5 2.66 18406460 10 48 51 3.55 0.08 1 1.44 5 145 0.14 1 0.61 0.5 0.84 20406461 10 84 28 5.23 0.16 1 0.83 5 256 0.17 1 0.79 0.5 1.57 21406462 10 48 12 2.46 0.01 1 2.98 5 28 0.33 1 5.06 0.5 2.47 26406463 10 68 40 4.84 0.09 1 1.03 5 221 0.15 1 0.67 0.5 1.16 28406464 10 56 29 5.64 0.10 1 0.74 5 270 0.14 1 0.61 0.5 1.19 21406465 136 >220 74 5.03 0.27 1 1.33 5 270 0.30 1 1.31 0.5 3.47 29406466 10 61 30 6.12 0.08 1 0.85 5 283 0.13 1 0.63 0.5 1.48 29406467 14 33 44 7.71 0.03 1 0.82 5 363 0.15 1 0.60 0.5 0.97 31406468 10 106 39 7.18 0.05 1 0.78 5 334 0.21 1 0.96 0.5 1.47 41406469 10 31 39 7.04 0.04 1 0.73 5 318 0.15 1 0.54 0.5 0.82 37406470 13 33 67 5.29 0.04 1 0.79 5 250 0.12 1 0.55 0.5 0.95 24406471 20 43 62 7.13 0.05 1 0.86 5 317 0.16 1 0.71 0.5 0.96 33406472 24 32 59 6.56 0.04 1 0.83 5 298 0.13 1 0.58 0.5 0.93 29406473 32 30 51 5.97 0.04 1 0.94 5 270 0.15 1 0.57 0.5 0.97 37406474 42 41 55 6.35 0.05 1 0.78 5 283 0.17 1 0.61 0.5 0.92 34406475 31 25 58 6.43 0.04 1 0.82 5 291 0.14 1 0.56 0.5 0.81 35406476 18 53 63 4.17 0.04 1 1.01 5 195 0.15 1 0.59 0.5 1.11 21406477 10 45 50 3.77 0.04 1 0.95 5 172 0.14 1 0.52 0.5 0.89 20406478 10 169 21 6.81 0.15 1 0.81 5 319 0.31 1 1.26 0.5 1.82 27406479 10 45 63 4.75 0.05 1 1.15 5 216 0.14 1 0.59 0.5 0.91 27406480 10 40 70 3.90 0.05 1 1.55 5 172 0.11 1 0.50 0.5 0.72 17406481 22 38 61 3.99 0.05 1 1.49 5 177 0.13 1 0.49 0.5 0.70 21406482 10 46 14 2.60 0.01 1 2.94 5 29 0.33 1 5.08 0.5 2.43 27406483 17 24 80 4.77 0.04 1 2.43 5 175 0.12 1 0.44 0.5 0.59 25

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SampleNumber------------406448406449406450406451406452406453406454406455406456406457406458406459406460406461406462406463406464406465406466406467406468406469406470406471406472406473406474406475406476406477406478406479406480406481406482406483

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------333 5 0.2 2 2 0.08 1.6 60 118 10 10 0.07 113 10 47317 5 0.2 2 2 0.09 1.8 64 108 10 10 0.09 128 10 31217 5 0.2 2 2 0.07 1.6 61 81 10 10 0.07 122 10 22211 5 0.2 2 2 0.07 1.5 62 65 10 10 0.11 121 10 30239 5 0.2 2 2 0.03 2.0 60 74 10 11 0.10 167 10 29127 5 0.2 2 2 0.04 1.4 46 90 10 10 0.11 181 10 69161 5 0.2 2 2 0.01 1.4 54 65 10 10 0.06 113 10 35

3 5 0.2 2 2 0.01 1.2 15 13 10 14 0.28 1051 10 24166 5 0.2 2 2 0.01 1.4 49 67 10 12 0.10 132 10 41243 5 0.2 2 2 0.02 1.5 62 78 10 10 0.12 82 10 31165 5 0.2 2 2 0.04 1.3 52 104 10 10 0.06 145 10 56179 5 0.2 2 2 0.01 1.3 54 57 10 16 0.07 114 10 3983 5 0.2 2 2 0.07 1.1 42 97 10 10 0.21 158 10 80

229 5 0.2 2 2 0.03 1.6 56 103 10 10 0.09 161 10 351308 5 0.2 2 2 0.01 0.5 45 1029 10 10 0.03 247 10 152219 5 0.2 2 2 0.08 1.5 49 118 10 10 0.12 193 10 60265 5 0.2 2 2 0.11 1.8 59 104 10 10 0.08 166 10 35161 5 0.2 2 2 0.01 1.6 51 45 10 27 0.19 311 10 22323 5 0.2 2 2 0.10 1.9 50 106 10 10 0.11 301 10 41614 5 0.2 5 2 0.19 2.5 58 162 10 10 0.14 207 10 32566 5 0.2 3 2 0.16 2.3 51 132 10 10 0.13 299 10 53795 5 0.2 6 2 0.38 2.3 57 177 10 10 0.13 324 10 71540 5 0.2 3 2 0.21 1.7 49 172 10 10 0.21 196 10 71682 5 0.2 5 2 0.29 2.3 55 188 10 10 0.20 252 10 35668 5 0.2 4 2 0.29 2.1 49 159 10 10 0.19 239 10 76637 5 0.2 4 2 0.30 1.9 45 165 10 10 0.16 237 10 100716 5 0.2 4 2 0.35 2.0 49 180 10 10 0.14 280 10 96742 5 0.2 5 2 0.34 2.1 51 203 10 10 0.18 274 10 96440 5 0.2 2 2 0.10 1.3 37 167 10 10 0.19 190 10 96330 5 0.2 2 2 0.16 1.2 35 152 10 10 0.14 199 10 110158 5 0.2 2 2 0.07 2.2 56 82 10 10 0.05 219 10 75371 5 0.2 3 2 0.22 1.6 44 168 10 10 0.18 230 10 150203 5 0.2 2 2 0.08 1.3 37 145 10 10 0.22 168 10 140209 5 0.2 2 2 0.08 1.2 36 148 10 10 0.19 194 10 139

1246 5 0.2 2 2 0.01 0.5 44 >1100 10 10 0.03 243 10 154202 5 0.2 2 2 0.08 1.5 41 209 10 10 0.22 292 10 138

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Sample Ce Sr Ba Fe P Hg Mg As V Na Mo Al Be Ca ZnNumber ppm ppm ppm % % ppm % ppm ppm % ppm % ppm % ppm----------------------------------- ---------- ---------------------- ---------- ---------- -------------------------------- ---------- ---------- ---------- ---------- ---------- ----------406484 30 26 89 4.20 0.04 1 2.13 5 148 0.12 1 0.49 0.5 0.76 24406485 22 20 91 4.40 0.04 1 2.11 5 174 0.15 1 0.47 0.5 0.64 23406486 10 48 67 4.76 0.07 1 1.08 5 236 0.14 1 0.60 0.5 1.23 16406487 17 26 44 4.89 0.06 1 1.44 5 235 0.15 1 0.47 0.5 1.04 21406488 65 42 62 5.60 0.22 1 2.02 5 121 0.22 1 1.59 0.5 2.34 43406489 24 61 89 4.65 0.08 1 1.42 5 229 0.22 1 0.77 0.5 1.87 18406490 10 20 49 4.50 0.04 1 1.72 5 189 0.11 1 0.39 0.5 0.67 20406491 10 24 71 4.26 0.05 1 1.72 5 183 0.11 1 0.47 0.5 0.73 21406492 10 22 54 3.73 0.03 1 1.12 5 165 0.09 1 0.46 0.5 0.71 26406493 20 30 117 3.93 0.04 1 1.33 5 175 0.12 1 0.56 0.5 0.85 18406494 13 18 113 4.52 0.04 1 2.03 5 172 0.11 1 0.45 0.5 0.49 27406495 20 15 66 4.68 0.03 1 2.35 5 172 0.11 1 0.43 0.5 0.47 22406496 10 18 76 4.69 0.03 1 2.31 5 176 0.11 1 0.44 0.5 0.49 23406497 10 24 90 4.55 0.03 1 2.49 5 157 0.11 1 0.46 0.5 0.46 22406498 24 30 114 4.18 0.06 1 2.18 5 155 0.16 1 0.61 0.5 0.86 26406499 10 17 107 3.94 0.04 1 2.77 5 123 0.12 1 0.54 0.5 0.57 35406500 10 21 114 3.79 0.04 1 2.27 5 133 0.14 1 0.57 0.5 0.69 22406501 10 18 143 3.95 0.05 1 2.55 5 133 0.15 1 0.61 0.5 0.59 27406502 10 51 14 2.59 0.01 1 3.16 5 29 0.34 1 5.40 0.5 2.61 27406503 19 21 130 4.13 0.05 1 2.62 5 136 0.13 1 0.63 0.5 0.56 26406504 17 22 151 4.09 0.07 1 2.81 5 130 0.16 1 0.68 0.5 0.70 35406505 10 14 120 3.74 0.04 1 2.50 5 125 0.11 1 0.55 0.5 0.62 28406506 12 17 122 3.60 0.05 1 2.43 5 124 0.10 1 0.57 0.5 0.59 29406507 12 23 109 3.01 0.05 1 1.92 5 110 0.12 1 0.58 0.5 0.85 23406508 21 80 76 4.24 0.13 1 1.29 5 189 0.18 1 0.79 0.5 1.42 22406509 44 78 92 6.27 0.30 1 1.12 5 306 0.20 1 0.76 0.5 2.26 36406510 32 43 100 4.58 0.14 1 1.84 5 190 0.12 1 0.57 0.5 1.34 25406511 12 34 109 3.71 0.05 1 2.02 5 137 0.12 1 0.61 0.5 0.71 20406512 11 18 83 4.14 0.05 1 2.41 5 142 0.11 1 0.53 0.5 0.54 24406513 13 23 79 4.02 0.05 1 2.31 5 143 0.06 1 0.53 0.5 0.62 22406514 10 13 127 3.48 0.03 1 2.36 5 113 0.12 1 0.56 0.5 0.50 25406515 10 20 91 4.11 0.04 1 2.49 5 137 0.15 1 0.60 0.5 0.58 26406516 20 20 97 3.54 0.04 1 2.07 5 126 0.12 1 0.59 0.5 0.67 23

Page 161: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

SampleNumber------------406484406485406486406487406488406489406490406491406492406493406494406495406496406497406498406499406500406501406502406503406504406505406506406507406508406509406510406511406512406513406514406515406516

Cu Sb Ag Pb Bi Ti Cd Co Ni W La K Mn Sn Crppm ppm ppm ppm ppm % ppm ppm ppm ppm ppm % ppm ppm ppm

---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- ---------- -------------------142 5 0.2 2 2 0.12 1.4 37 155 10 10 0.27 250 10 137147 5 0.2 2 2 0.11 1.4 37 156 10 10 0.28 237 10 172266 5 0.2 2 2 0.05 1.5 44 135 10 10 0.21 129 10 120169 5 0.2 2 2 0.09 1.6 43 151 10 10 0.18 176 10 15611 5 0.2 2 2 0.01 1.8 23 20 10 12 0.71 666 10 20

315 5 0.2 2 2 0.01 1.5 45 147 10 10 0.29 181 10 124169 5 0.2 2 2 0.13 1.5 40 155 10 10 0.18 222 10 140147 5 0.2 2 2 0.13 1.4 40 144 10 10 0.23 211 10 162287 5 0.2 2 2 0.19 1.2 39 134 10 10 0.21 184 10 102301 5 0.2 2 2 0.13 1.2 38 141 10 10 0.31 168 10 160339 5 0.2 3 2 0.19 1.4 42 183 10 10 0.28 265 10 138242 5 0.2 2 2 0.12 1.5 45 191 10 10 0.26 256 10 159231 5 0.2 2 2 0.14 1.5 45 179 10 10 0.27 255 10 144193 5 0.2 2 2 0.14 1.4 43 187 10 10 0.31 268 10 133200 5 0.2 2 2 0.10 1.3 42 166 10 10 0.40 253 10 98217 5 0.2 2 2 0.17 1.2 41 171 10 10 0.43 298 10 121216 5 0.2 2 2 0.18 1.2 39 157 10 10 0.43 237 10 130227 5 0.2 2 2 0.20 1.3 41 162 10 10 0.49 269 10 156

1367 5 0.2 2 2 0.01 0.5 47 >1100 10 10 0.03 258 10 162204 5 0.2 2 2 0.21 1.3 43 168 10 10 0.51 277 10 142143 5 0.2 2 2 0.22 1.3 45 163 10 10 0.57 308 10 137181 5 0.2 2 2 0.17 1.2 41 165 10 10 0.46 295 10 137185 5 0.2 2 2 0.17 1.1 40 156 10 10 0.46 265 10 125166 5 0.2 2 2 0.15 0.9 35 130 10 10 0.41 215 10 112219 5 0.2 2 2 0.01 1.3 40 118 10 12 0.29 189 10 94343 5 0.2 2 2 0.01 2.0 55 112 10 22 0.29 215 10 84255 5 0.2 2 2 0.01 1.5 46 137 10 15 0.36 224 10 99182 5 0.2 2 2 0.19 1.2 41 145 10 10 0.45 210 10 117160 5 0.2 2 2 0.18 1.3 42 157 10 10 0.39 265 10 138151 5 0.2 2 2 0.17 1.3 39 150 10 10 0.38 255 10 161181 5 0.2 2 2 0.18 1.1 38 155 10 10 0.47 254 10 136204 5 0.2 2 2 0.19 1.3 43 164 10 10 0.44 277 10 161169 5 0.2 2 2 0.18 1.1 37 136 10 10 0.45 229 10 135

Page 162: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

New Budgell's Harbour Targets ‐ J. Keiley.xls

Target UTM E UTM N1 613268 54807562 613175 54805283 613300 54803594 613493 54806055 613770 54806596 614025 54805097 613553 54803208 613915 54802109 614070 5480097

10 614607 5479883

Page 163: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

5480500 mN5480500 mN5480500 mN5480500 mN5480500 mN5480500 mN5480500 mN5480500 mN5480500 mN

6155

00 m

E61

5500

 mE

6155

00 m

E61

5500

 mE

6155

00 m

E61

5500

 mE

6155

00 m

E61

5500

 mE

6155

00 m

E

5479500 mN5479500 mN5479500 mN5479500 mN5479500 mN5479500 mN5479500 mN5479500 mN5479500 mN

5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN5480000 mN

5481500 mN5481500 mN5481500 mN5481500 mN5481500 mN5481500 mN5481500 mN5481500 mN5481500 mN

6135

00 m

E61

3500

 mE

6135

00 m

E61

3500

 mE

6135

00 m

E61

3500

 mE

6135

00 m

E61

3500

 mE

6135

00 m

E

6130

00 m

E61

3000

 mE

6130

00 m

E61

3000

 mE

6130

00 m

E61

3000

 mE

6130

00 m

E61

3000

 mE

6130

00 m

E

5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN5481000 mN

6150

00 m

E61

5000

 mE

6150

00 m

E61

5000

 mE

6150

00 m

E61

5000

 mE

6150

00 m

E61

5000

 mE

6150

00 m

E

6140

00 m

E61

4000

 mE

6140

00 m

E61

4000

 mE

6140

00 m

E61

4000

 mE

6140

00 m

E61

4000

 mE

6140

00 m

E

6145

00 m

E61

4500

 mE

6145

00 m

E61

4500

 mE

6145

00 m

E61

4500

 mE

6145

00 m

E61

4500

 mE

6145

00 m

E

.................................................

.................................................

.................................................

..................................................................................................

.................................................

.................................................

.................................................

.................................................

.................................................

Scale: 1:15,000

NAD 27 ‐ Zone 21

Figure:  1

NTS: 2E/06

Celtic Minerals Ltd.

Budgell's Harbour PropertyProposed Diamond Drilling

.........................................................................................................................................................................................................................................................................................................................................................................................................................................................

.................................................

BH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐08                 613268                  5480756                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐09                 613175                  5480528                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐10                 613300                  5480359                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐11                 613493                  5480605                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐12                 613770                  5480659                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐13                 614025                  5480509                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐14                 613553                  5480320                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐15                 613915                  5480210                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐16                 614070                  5480097                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250mBH‐07‐17                 614607                  5479993                 250m

DDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTHDDH          UTM E       UTM N      DEPTH

0

Meters

500 1000 1500 2000 2500

................................................. Proposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole LocationProposed Diamond Drill Hole Location CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC Water Use LocationWater Use LocationWater Use LocationWater Use LocationWater Use LocationWater Use LocationWater Use LocationWater Use LocationWater Use Location

CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

CCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCCC

000000000

KilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometresKilometres

2.52.52.52.52.52.52.52.52.5 555555555

Page 164: 7th Year Assessment - Newfoundland and Labradorgis.geosurv.gov.nl.ca/geofilePDFS/ReceivedBatch52/002E_1586.pdfBudgell’s Harbour Property Celtic Minerals Ltd. 7th Year Assessment

Budgell’s Harbour, Description of Assessment Work.

a) During the period from July 27, 2007, through August 15, 2007, an Air-FTG® survey was flown over the Budgell’s Harbour area. The survey lines were flown in a north-south direction at a line spacing of 200 m. Tie lines were flown perpendicular to the survey lines at a spacing of 2000m. The survey was designed as an 80 m altitude standard tie drape, however data indicates some sections were flown quite higher due to topographic relief and aircraft performance restrictions. A total of 40 survey lines corresponding to 407 line km were acquired

b) Additional specifications related to the survey are included in the report by Bell Geospace Inc., attached to this document as Appendix A.

c) During November and December, an induced polarization (IP) survey was carried out by GeoScott Exploration Consultants Inc., of St. John’s, NL. The survey covered 6 lines 2500 metres long, spaced at 100 metres. Measurements were made with a multi-dipole array, with 25-metre dipoles and n = 1 to 6. Each of the six sets of readings was inverted with Res2DInv.

d) During April, Eastern Geophysics of Corner Brook, carried out an induced polarization (IP) survey over frozen water sections of the property. A total of 4 survey lines of varying length for an aggregate survey total of 33 kms were surveyed with the dipole-dipole array, 25m dipoles, and n = 1 to n = 6. Results of Geophysical Surveys: a) The airborne FTG gravity gradiometer survey results produce 9 tensors of the earth’s

gravitational field. Of these, 2 are equivalent components; hence 7 tensors are presented that accurately describe the near surface geometry of the high density geologic sources responsible for producing the gravity tensors. The high resolution provided by the FTG survey enables the interpreter to accurately compare gravity results with other geophysical survey results in order to prioritize areas for further investigation. A number of FTG gravity anomalies were recorded during the course of the survey that will be investigated during the 2008 field exploration season. It is interpreted that the recorded high TZZ gravity anomalies reflect denser hypabyssal mafic and ultramafic rocks.

b) The IP surveys were designed to define mineralized zones within and adjacent to plutonic rocks. Both IP surveys identified several anomalies. The GeoScott survey results were plagued with noisy readings attributed to magnetite. Field investigations of results will take place at a later date.

cindysaunders
Sticky Note
See 002E/1669 for Bell Geospace Report