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Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT PARDEE AND DEVON TOWNSHIPS NTS 52A/04 THUNDER BAY MINING DIVISION ONTARIO, CANADA Justin Laberge, Project Geologist January 9, 2009

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Page 1: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4

ASSESSMENT REPORT ON 2007 DIAMOND DRILLING

ARROW PROJECT

PARDEE AND DEVON TOWNSHIPS NTS 52A/04

THUNDER BAY MINING DIVISION ONTARIO, CANADA

Justin Laberge, Project Geologist January 9, 2009

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Table of Content Summary ................................................................................................................................... 3 Introduction ................................................................................................................................ 3 Location and Access.................................................................................................................. 3 Property Status .......................................................................................................................... 5 Previous Work............................................................................................................................ 6 Regional Geology ...................................................................................................................... 6 Diamond Drilling......................................................................................................................... 8

Drill Logs ................................................................................................................................ 8 Drill Hole Plan and Sections ..................................................................................................12 Drill Core Assays...................................................................................................................17 Drill Core Geochemistry ........................................................................................................20 Drill Site Reclamation ............................................................................................................20

Project Personnel......................................................................................................................20 References ...............................................................................................................................21 Appendix...................................................................................................................................21 List of Figures Figure 1: Location of the Arrow Property, 45 km southwest of the city of Thunder Bay. ............. 4 Figure 2: Plan map showing the location of the 14 claims of the Arrow Property and the 2007 drill holes (black dots). ............................................................................................................... 5 Figure 3: Geological map of the Arrow Property......................................................................... 7 Figure 4: Best intersected mineralization in 07AR0001 -17.2 to 17.4 m. ...................................10 Figure 5: Plan showing the detailed location and trace of drillholes 07AR0001, 07AR0002 and 07AR0003, west of Crystal Lake. ..............................................................................................12 Figure 6: N-S section through 07AR0001 and 07AR0002. ........................................................13 Figure 7: N-S section through 07AR0003..................................................................................14 Figure 8: Plan showing the detailed location and trace of drillholes 07AR0004, east of the Arrow River. ........................................................................................................................................15 Figure 9: N-S section through 07AR0004..................................................................................16 List of Tables Table 1: List of claims on the Arrow Property ............................................................................. 6 Table 2: Summary of 2007 Drill Holes........................................................................................ 8 Table 3: Significant assay results from 2007 Arrow drilling........................................................17 Table 4: Assays for selected metals in core samples ................................................................17 Table 5: Selected elements from whole-rock geochemistry.......................................................20

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SUMMARY Four diamond drill holes were drilled in October 2007 on the Arrow Property in the Pigeon River – Arrow River area of the Thunder Bay mining district. The target of this drilling program was magmatic Ni-Cu sulfide mineralization hosted in gabbroic dikes in the vicinity of the Crystal Lake Gabbro. Drill results are summarized below: • Hole 07AR0001 intersected 22.6 m grading 0.48% Cu and 0.21% Ni from 16.4 m depth. The

disseminated mineralization occurs as 1-4% combined pyrrhotite/chalcopyrite, with highest grade over 0.4 m with ~6% interstitial pyrrhotite/chalcopyrite mineralization.

• Hole 07AR0002 intersected 32.85 m grading 0.27% Cu and 0.12% Ni, from 5.8 Mineralization occurs as 2% disseminated pyrrhotite/chalcopyrite (4:1).

• Holes 07AR0003 and 07AR0004 each intersected a non-mineralized gabbroic dike. Although low-grade mineralization of Cu-Ni sulfides was intersected, the volume of that mineralized zone is expected to be quite small. Metal tenors of sulfides in 07AR0001 and 07AR0002 are lower than those in the Crystal Lake Gabbro suggesting distinct mineralizing processes and/or events. INTRODUCTION In the fall of 2006, initial ground prospecting identified disseminated pyrrhotite-chalcopyrite mineralization with good tenors of Cu-Ni in the Pigeon River dike system west of the Crystal Lake gabbro. In March-April 2007, Kennecott Canada Exploration Inc. (KCEI) staked 14 claims for further work. More prospecting followed in 2007 following the acquisition of a new helicopter-borne magnetic and electromagnetic survey. Drill targets were selected based on this new data, and drilling took place in October 2007. This report presents only the results of the 2007 diamond drilling. The airborne geophysics results are not presented in this report, as they were submitted independently as a report prepared by Aeroquest International. The possible genetic association of some of the dikes mapped as Pigeon River dikes with the Crystal Lake Gabbro would make them good candidates as conduits to the known mineralized intrusion. Accumulation of massive to semi-massive sulfides in such conduits, such as that observed in Voisey’s Bay, was the target type for this exploration program. Four diamond drillholes were drilled on Kennecott Canada Exploration Inc’s claims to test this hypothesis. LOCATION AND ACCESS The project area is located in the Pardee and Devon Townships, within the Thunder Bay mining division, on NTS sheet 52 A/4. The area is 45 km southwest of the city of Thunder Bay, directly north of the Pigeon River, which follows the US border. The area can be accessed from Thunder Bay via highway 61 south and road 593 to the west. The drill sites for 07AR0001-07AR0002 are located 1 km west of Lenore Lake and 07AR0003 is located 0.6 km west of Crystal Lake, all on private land owned by Wolfwood Enterprises. Access to these sites is from road 593 is by all-terrain-vehicle, on logging trails. Drill site for 07AR0004 is located between the Arrow River and road 593, 2.5 km north of the old Pigeon River border crossing. The site is located on private land owned by Buchanan Forest

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Products and accessed by un-maintained logging trails from the Old Border gravel road, off road 593.

Figure 1: Location of the Arrow Property, 45 km southwest of the city of Thunder Bay.

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Figure 2: Plan map showing the location of the 14 claims of the Arrow Property and the 2007 drill holes (black dots). PROPERTY STATUS The property consists of 14 claims, made out of 103 claim units, for a total surface of 15.2 km2, 100% held by Kennecott Canada Exploration Inc.

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Table 1: List of claims on the Arrow Property

Claim # Units Twp Owner Recorded Area (Ha)

1238168 8 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/28/2007 172.2 1238182 6 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/28/2007 95.8 1238183 16 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/28/2007 201.8 1238184 3 Devon KENNECOTT CANADA EXPLORATION INC. (100%) 4/27/2007 28.6 1238185 3 Devon KENNECOTT CANADA EXPLORATION INC. (100%) 4/27/2007 44.4 1238186 3 Devon KENNECOTT CANADA EXPLORATION INC. (100%) 4/27/2007 44.8 3016282 6 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/28/2007 94.0 4210863 10 Devon KENNECOTT CANADA EXPLORATION INC. (100%) 3/28/2007 159.7 4210864 8 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 133.5 4210865 8 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 123.9 4210931 4 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 59.0 4210932 8 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 127.4 4210933 16 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 237.2 4210934 4 Pardee KENNECOTT CANADA EXPLORATION INC. (100%) 3/21/2007 65.5

103 1522.3 PREVIOUS WORK 1965-1966: Grasset Lakes Mines Ltd drills holes G-65-1 (99 m) and G-66-1 (441 m) on current claim 4210865 at the north end of the Arrow property. 1966-1968: Bordun Mining Corporation drilled 11 diamond drill holes totaling 2,192 m, in the Start Location, directly west of Crystal Lake and Lenore Lake. 1968-1969: I.C. Christopher drilled 3 diamond drill holes totaling 773 m, in the Stuart Location, immediately west of Bordun’s claims. 1998: Falcondridge acquires an airborne Dighem electro-magnetic and magnetic survey from Geoterrex-Dighem over a large area, some of which includes minor parts of the Arrow property. 1999: Falconbridge drills PR99-03 at a depth of 298 m, 640 m south of the Arrow property, on their grid PR-03 in the Stuart Location. 1999-2002: Dumont Nickel Inc. and North Atlantic Nickel Corp. drill 6 diamond drill holes totaling 2,482 m, at the northwestern end of the Arrow property. Only 3 of those holes are within current claim 4210863. 2002: McVicar Minerals Ltd and BHP Billiton acquire from Fugro Airborne Surveys a MEGATEM electro-magnetic survey in the Pardee and Crook townships, over an area which includes a minor part of the current Arrow property in the Stuart Location. REGIONAL GEOLOGY The geology of the Pigeon River area was initially mapped in 1935 by T.L. Tanton (Geological Survey of Canada) at a scale of 1:63,360, where undifferentiated diabase bodies where mapped out within Rove Formation sedimentary rocks. A very good detailed geological map of the Devon and Pardee Townships by J.J.C. Geul, at a scale of 1:31,680, was published by the

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Ontario Department of Mines in 1970, which differentiated diabase and gabbroic bodies as Logan sills, Pigeon River dikes and Crystal Lake Gabbro.

Figure 3: Geological map of the Arrow Property The Pigeon-Arrow River area occurs along the northern margin of the Proterozoic Mid-Continental (Keweenawan) Rift. The area is underlain by an early Proterozoic turbidite sequence of interbedded greywackes, shales and argillites of the Rove Formation, within the Animikie Group (Geul, 1970). Three major middle Proterozoic intrusive events are recognized in the area, intruding in the Animikie sediments: 1) Diabase sills (possibly correlative with the Logan sills), 2) Dikes of olivine diabase and quartz diabase of the Pigeon River and Arrow River series, which cross-cut the sills, 3) Crystal lake Gabbro intrusion which cross-cut the two other

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intrusion groups (Smith and Sutcliffe, 1987). The diabase sills are fine- to medium-grained tholeiitic diabases. They commonly form high relief plateaus with steep cliffs, or mesa, which are magnetically reversely polarized. The dikes are steeply dipping linear bodies up to 150 m thick, of equigranular to ophitic, fine- to medium-grained diabase. The dikes commonly form linear ridges characterized by strong magnetic highs. The Crystal Lake intrusion outcrops as a “Y” shaped body, with a 6 km long northwest trending northern arm, and a 2 km long east-northeast trending southern arm, which is parallel to the Pigeon River dike orientation. The intrusion contains gabbro, anorthositic gabbro, olivine gabbro and troctolite in 4 recognized zones: the Basal Zone, Lower Unlayered Zone, Cyclic Zone and Upper Zone (Cogulu, 1990). DIAMOND DRILLING Table 2: Summary of 2007 Drill Holes

Hole ID Easting Northing Elevation (m) Azimuth Plunge Depth (m) Gabbroic Dike Intersection

07AR0001 304309 5324604 378 350° -80° 228 3 - 130 m 07AR0002 304309 5324604 378 350° -45° 69 3 – 69 m 07AR0003 304303 5325079 345 335° -65° 282 201 – 254 m 07AR0004 298508 5323557 328 340° -75° 333 142 – 241 m

Drill Logs HOLE ID 07AR0001

CLAIM_No 1238182 AZIMUTH 350 PROJECT Arrow DIP -80

TWP/AREA Neebing STARTDATE 3-Oct-07 DH_Datum NAD83 ENDDATE 6-Oct-07 DH_Projection UTM zone 16N CoreSize NQ

EASTING 304309 CasingSize HQ NORTHING 5324604 Casing_Depth 3 m RL 378 m Depth_Bedrock 2.9 m

Date_Surveyed 10-Oct-07 Geologist Justin Laberge Survey_Method Handheld_GPS Hole_Type Diamond DEPTH 228 m Drill_Company Boart Longyear 07AR0001 – Lithology Log From To Lithology 0 2.9 Overburden 3.0 16.7 Medium grained gabbro, few siltstone inclusions up to 50

cm. 16.7 39.0 Porphyritic olivine gabbro (to troctolite?), with 30-70%

large phenocrysts 3 -15 mm of black soft altered Ol? in a medium grained matrix of Pl + green Cpx.

39.0 130.0 Medium to fine grained gabbro/diabase, homogeneous, equigranular.

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07AR0001 – Mineralization Log From To % sulfide Mineralization 13.6 16.7 <1 Disseminated Cpy-Po 16.7 17.1 1-2 Interstitial Cpy-Po, often also contained

within the altered dark phenocrysts 17.1 17.5 6 Interstitial Cpy-Po 17.5 39 1-4 Interstitial Cpy-Po, often also contained

within the altered dark phenocrysts 39 130 0 No sulfide HOLE ID 07AR0002

CLAIM_No 1238182 AZIMUTH 350 PROJECT Arrow DIP -45 TWP/AREA Neebing STARTDATE 6-Oct-07

DH_Datum NAD83 ENDDATE 8-Oct-07 DH_Projection UTM zone 16N CoreSize NQ EASTING 304309 CasingSize HQ

NORTHING 5324604 Casing_Depth 4.5 m RL 378 m Depth_Bedrock 3.5 m Date_Surveyed 10-Oct-07 Geologist Justin Laberge

Survey_Method Handheld_GPS Hole_Type Diamond DEPTH 69 m Drill_Company Boart Longyear 07AR0002 – Lithology Log From To Lithology 0 3.5 Overburden 3.5 39.7 Layered sequence. Variable compositions dominated by Ol-phyric gabbroic

troctolite (with relict olivine xtals up to 15 mm in size, often replaced by Serp+Mag+/-sulfides). Layers are a few dm to m thick often characterized by med gr sulphide-bearing Ol-phyric troctolite at the base, grading into a fine gr olivine leucogabbro with little to no sulfides at the top. Disseminated Po:Cpy mineralization.

39.7 54.0 Med to coarse grained anorthositic gabbro (layered?) 54.0 69.0 Fine grained, equigranular, homogeneous gabbro 07AR0002 – Mineralization Log From To % sulfide Mineralization 3.5 39.7 Tr-5%

Avg: ~2% Sulfide distribution is very variable within the layered sequence. More mafic lithologies, locally interpreted as the base of layers tend to be more sulfidic with up to 5% Po-Cpy (4:1) over cm to dm. Sulfides commonly occur in relict Ol phenocrysts (with Serp-Mag), but at higher grades occur interstitially, often partially enclosing silicates.

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Figure 4: Best intersected mineralization in 07AR0001 -17.2 to 17.4 m. HOLE ID 07AR0003

CLAIM_No 1238183 AZIMUTH 335 PROJECT Arrow DIP -65

TWP/AREA Neebing STARTDATE 9-Oct-07 DH_Datum NAD83 ENDDATE 12-Oct-07 DH_Projection UTM zone 16N CoreSize NQ

EASTING 304303 CasingSize HQ NORTHING 5325079 Casing_Depth 29 m RL 345 m Depth_Bedrock 26.8 m

Date_Surveyed 14-Oct-07 Geologist Justin Laberge Survey_Method Handheld_GPS Hole_Type Diamond DEPTH 282 m Drill_Company Boart Longyear 07AR0003 – Lithology Log From To Lithology 0 26 Overburden 26 192 Shale and siltstone thinly bedded. Increased calcite veining closer to

intrusive. 192 201 Hornfels with preserved sedimentary bedding. Corderite growth in thin shale

beds. 201 254 Fine to medium grained, leuco-gabbro/diabase. Homogenous ,

equigranular. 254 255 Hornfels with preserved sedimentary bedding. 255 282 Shale and siltstone thinly bedded.

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HOLE ID 07AR0004

CLAIM_No 4210934 AZIMUTH 340 PROJECT Arrow DIP -75

TWP/AREA Neebing STARTDATE 14-Oct-07 DH_Datum NAD83 ENDDATE 18-Oct-07 DH_Projection UTM zone 16N CoreSize NQ

EASTING 298508 CasingSize HQ NORTHING 5323557 Casing_Depth 15 m RL 328 m Depth_Bedrock 13.2 m

Date_Surveyed 24-Oct-07 Geologist Justin Laberge Survey_Method Handheld_GPS Hole_Type Diamond DEPTH 333 m Drill_Company Boart Longyear 07AR0004 – Lithology Log From To Lithology 0 13.5 Overburden 13.5 136 Shale and siltstone thinly bedded 136 142 Hornfels with preserved sedimentary bedding. Corderite growth in thin shale

beds. 142 241 Fine to medium grained, olivine leuco-gabbro. Homogenous , equigranular 241 244 Hornfels with preserved sedimentary bedding. 244 333 Shale and siltstone thinly bedded

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Drill Hole Plan and Sections

Figure 5: Plan showing the detailed location and trace of drillholes 07AR0001, 07AR0002 and 07AR0003, west of Crystal Lake.

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Drillholes 07AR0001, 07AR0002North-South Sectionat Easting 304305

on Claim # 1238182

Arrow Project

Kennecott Canada Exploration Inc.

SCALE 1 : 1125

-10 0 10 20 30

(m)

*unknown

W

S

E

NAZIMUTH = 180°

VERTICAL EXAG. 0.828

TOLERANCE +/- 26.43 m

SECTION TOP, BOT 400 m 100.1 m

EXTENTS 111.8 m 299.9 m

REF. PT. E, N 304300 m 5325000 m

SECTION SPECS:

TroctoliteTroctolite

SiltstoneSiltstone

ShaleShale

OverburdenOverburden

HornfelsHornfels

GabbroGabbro

AnorthositeAnorthositeLithology1ROCK CODES PAT LABEL DESCRIPTION

Ni R

BAR GRAPHS L/R COL

07AR0001Easting: 304309Northing: 5324604Elevation: 378Azimuth: 350Dip: -80Depth: 228 m

07AR0002Easting: 304309Northing: 5324604Elevation: 378Azimuth: 350Dip: -45Depth: 69 m

5324

580

N53

2458

0 N

5324

600

N53

2460

0 N

5324

620

N53

2462

0 N

5324

640

N53

2464

0 N

5324

660

N53

2466

0 N

5324

680

N53

2468

0 N

150 RL150 RL

200 RL200 RL

250 RL250 RL

300 RL300 RL

350 RL350 RL

400 RL400 RL

0 1000

2000

3000

4000

5000

6000

7000

0500 1000 1500 2000 2500 3000 3500 4000 4500 5000

50 m

100

150

200

228 m

07AR0001

50 m

69 m

0 7AR0002

Figure 6: N-S section through 07AR0001 and 07AR0002.

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Drillhole07AR0003

North-South Sectionat Easting 304278

on Claim # 1238183

Arrow ProjectKennecott Canada Exploration Inc.

07AR0003Easting: 304303Northing: 5325079Elevation: 345Azimuth: 335Dip: -65Depth: 282 m

SCALE 1 : 1417

-10 0 10 20 30 40

(m)

*unknown

W

S

E

NAZIMUTH = 180°

TOLERANCE +/- 65.55 m

SECTION TOP, BOT 347.6 m 34.8 m

EXTENTS 140.8 m 312.8 m

REF. PT. E, N 304300 m 5325000 m

SECTION SPECS:

Sand

SiltstoneSiltstone

ShaleShale

OverburdenOverburden

HornfelsHornfels

GabbroGabbro

CarbonateVeinCarbonateVeinLithology1ROCK CODES PAT LABEL DESCRIPTION

Ni R

BAR GRAPHS L/R COL

5325

060

N53

2506

0 N

5325

080

N53

2508

0 N

5325

100

N53

2510

0 N

5325

120

N53

2512

0 N

5325

140

N53

2514

0 N

5325

160

N53

2516

0 N

5325

180

N53

2518

0 N

5325

200

N53

2520

0 N

50 RL50 RL

100 RL100 RL

150 RL150 RL

200 RL200 RL

250 RL250 RL

300 RL300 RL

0

50 100 150 200 250

50 m

100

150

200

250

282 m

0 7AR0003

Figure 7: N-S section through 07AR0003.

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Figure 8: Plan showing the detailed location and trace of drillholes 07AR0004, east of the Arrow River.

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Drillhole 07AR0004

North-South Section at Easting 298490

on Claim # 4210934

Arrow ProjectKennecott Canada Exploration Inc.

SCALE 1 : 1857

-10 0 10 20 30 40 50 60

(m)

*unknown

W

S

E

NAZIMUTH = 180°

TOLERANCE +/- 47.4 m

SECTION TOP, BOT 375 m -35.1 m

EXTENTS 184.6 m 410.1 m

REF. PT. E, N 298500 m 5324000 m

SECTION SPECS:

ShaleShale

HornfelsHornfels

GabbroGabbroLithology1ROCK CODES PAT LABEL DESCRIPTION

Ni R

BAR GRAPHS L/R COL

07AR0004Easting: 298508Northing: 5323557Elevation: 328Azimuth: 340Dip: -75Depth: 333 m

5323

520

N53

2352

0 N

5323

540

N53

2354

0 N

5323

560

N53

2356

0 N

5323

580

N53

2358

0 N

5323

600

N53

2360

0 N

5323

620

N53

2362

0 N

5323

640

N53

2364

0 N

5323

660

N53

2366

0 N

5323

680

N53

2368

0 N

0 RL0 RL

50 RL50 RL

100 RL100 RL

150 RL150 RL

200 RL200 RL

250 RL250 RL

300 RL300 RL

350 RL350 RL

0 1000

2000

3000

4000

5000

6000

50 m

1 00

150

2 00

250

3 00

3 33 m

07AR0 004

Figure 9: N-S section through 07AR0004.

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Drill Core Assays Assays were determined by ALS Chemex in Vancouver, Canada. A suite of 38 elements (including Cu, Ni) was analyzed for by ICP-MS, after lithium borate fusion of the samples. Au, Pt, Pd was analyzed by fire assay using an ICP-MS finish. S was determined by leco furnace and infrared spectroscopy. Short intervals of low grade Cu-Ni mineralization were observed in 07AR0001 and 07AR0002. Best results include 22.6 m grading 0.48% Cu and 0.21% Ni in 07AR0001 from 16.4 m depth, and 32.85 m grading 0.27% Cu and 0.12% Ni in 07AR0002 from 5.8 m depth. Holes 07AR0003 and 07AR0004 intersected gabbroic dikes but no significant mineralization. Table 3: Significant assay results from 2007 Arrow drilling Assays (%) *Recalc to 100% sulfides HOLEID From (m) To (m) Interval Cu Ni S Ni* Cu* Ni/Cu 07AR0001 16.40 39.04 22.64 0.48 0.21 5.67 1.37 2.95 0.46 including 16.40 25.07 8.67 0.82 0.33 7.95 1.69 3.90 0.42 25.07 32.04 6.97 0.16 0.07 3.20 0.97 2.05 0.46 32.04 39.04 7.00 0.38 0.19 5.31 1.38 2.68 0.51 07AR0002 5.83 38.68 32.85 0.27 0.12 3.46 2.12 3.31 0.59 including 5.83 14.65 8.82 0.31 0.17 3.84 2.09 3.41 0.59 14.65 25.12 10.47 0.15 0.07 1.93 3.28 4.11 0.71 25.12 31.38 6.26 0.59 0.19 7.38 1.05 3.05 0.35 31.38 38.68 7.30 0.11 0.06 1.83 1.41 2.25 0.62 Table 4: Assays for selected metals in core samples

SAMPLE # HOLE ID From To Au Pt Pd Cu Ni S m m ppm ppm ppm ppm ppm %

40011001 07AR0002 4.33 5.83 0.004 0.009 0.02 253 411 0.22 40011002 07AR0002 5.83 7.33 0.042 0.062 0.299 3760 1870 5.02 40011003 07AR0002 7.33 8.83 0.041 0.06 0.275 3690 1920 4.89 40011004 07AR0002 8.83 10.33 0.064 0.078 0.412 5010 2000 7.28 40011006 07AR0002 10.33 11.83 0.008 0.014 0.044 831 669 0.78 40011007 07AR0002 11.83 12.35 0.043 0.051 0.258 4250 2910 4.93 40011008 07AR0002 12.35 13.15 0.005 0.01 0.026 627 475 0.61 40011009 07AR0002 13.15 13.65 0.027 0.043 0.186 3570 2240 2.94 40011011 07AR0002 13.65 14.65 0.024 0.039 0.157 3110 1880 2.4 40011012 07AR0002 14.65 16.15 0.01 0.026 0.042 828 663 0.48 40011013 07AR0002 16.15 17.7 0.003 0.007 0.015 280 382 0.19 40011014 07AR0002 17.7 19.2 0.055 0.092 0.385 3940 1270 5.7 40011016 07AR0002 19.2 20.14 0.064 0.045 0.223 2410 948 4.24 40011017 07AR0002 20.14 21.66 0.002 <dl 0.018 440 333 0.44 40011018 07AR0002 21.66 22.46 0.066 0.1 0.407 2630 614 3.99 40011019 07AR0002 22.46 23.96 0.009 0.016 0.048 906 807 0.76 40011021 07AR0002 23.96 25.12 0.023 0.042 0.149 1610 863 1.41 40011022 07AR0002 25.12 26.62 0.063 0.096 0.375 7000 2100 7.35 40011023 07AR0002 26.62 27.86 0.072 0.113 0.396 6220 1590 10.4 40011024 07AR0002 27.86 28.38 0.088 0.139 0.537 8560 2790 10.85 40011026 07AR0002 28.38 29.88 0.059 0.101 0.342 7040 2330 7.4 40011027 07AR0002 29.88 31.38 0.028 0.04 0.163 2650 1290 3.7

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Kennecott Canada Exploration Inc. – Arrow Project 2007 Diamond Drilling

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SAMPLE # HOLE ID From To Au Pt Pd Cu Ni S m m ppm ppm ppm ppm ppm %

40011028 07AR0002 31.38 32.07 0.019 0.033 0.123 1590 780 2.73 40011029 07AR0002 32.07 32.48 0.006 0.006 0.021 343 315 0.97 40011031 07AR0002 32.48 33.98 0.018 0.032 0.091 1140 535 2.12 40011032 07AR0002 33.98 34.98 0.01 0.017 0.061 962 569 1.83 40011033 07AR0002 34.98 35.6 0.004 0.01 0.024 402 291 0.46 40011034 07AR0002 35.6 36.15 0.02 0.033 0.103 1420 855 2.62 40011036 07AR0002 36.15 37.05 0.009 0.014 0.053 981 693 1.28 40011037 07AR0002 37.05 38.05 0.009 0.019 0.056 739 507 1.25 40011038 07AR0002 38.05 38.68 0.018 0.029 0.101 1850 1220 3.13 40011039 07AR0002 38.68 39.85 0.003 0.008 0.013 190 298 0.24 40011041 07AR0002 39.85 41.35 0.016 0.022 0.048 518 692 0.66 40011042 07AR0002 41.35 42.9 0.008 0.007 0.012 175 264 0.4 40011043 07AR0002 42.9 44.4 0.005 0.008 0.013 206 262 0.3 40011044 07AR0002 44.4 46.06 0.003 <dl 0.011 123 157 0.14 40011046 07AR0002 46.06 47.46 0.002 <dl 0.007 223 199 0.18 40011047 07AR0002 47.46 48.36 0.003 0.007 0.007 353 159 0.17 40011048 07AR0002 48.36 48.81 0.1 <dl 0.002 67 81 0.02 40011049 07AR0002 48.81 50.34 0.002 0.007 0.085 331 193 0.08 40011051 07AR0002 50.34 51.84 0.001 <dl 0.004 143 259 0.04 40011052 07AR0002 51.84 53.47 0.001 <dl 0.004 106 282 0.03 40011053 07AR0002 53.47 54.81 0.001 <dl 0.004 105 326 0.03 40011054 07AR0002 54.81 56.33 0.001 <dl 0.002 93 362 0.02 40011056 07AR0002 56.33 57.79 0.001 <dl 0.017 95 361 0.02 40011057 07AR0002 57.79 59.23 0.002 <dl 0.004 122 195 0.03 40011058 07AR0002 59.23 60.78 0.001 <dl 0.004 125 226 0.04 40011059 07AR0002 60.78 62.05 0.001 <dl 0.004 175 194 0.04 40011061 07AR0002 62.05 63.53 0.001 <dl 0.004 165 200 0.04 40011062 07AR0002 63.53 65.05 0.002 <dl 0.006 148 213 0.03 40011063 07AR0002 65.05 66.58 0.002 <dl 0.005 155 188 0.03 40011064 07AR0002 66.58 68.15 0.002 <dl 0.005 145 169 0.03 40011065 07AR0002 68.15 69 0.043 0.074 0.049 3250 4840 2.81 40011067 07AR0001 2.9 4.4 0.003 0.005 0.015 231 324 0.04 40011068 07AR0001 4.4 6.28 0.001 <dl 0.006 90 234 0.09 40011069 07AR0001 6.28 7.83 <dl <dl 0.007 72 265 0.04 40011071 07AR0001 7.83 9.32 0.001 <dl 0.003 75 336 0.5 40011072 07AR0001 9.32 10.8 <dl <dl 0.005 67 396 0.15 40011073 07AR0001 10.8 12.31 <dl <dl 0.009 107 468 0.15 40011074 07AR0001 12.31 12.85 0.001 <dl 0.013 188 377 0.15 40011076 07AR0001 12.85 13.32 <dl <dl 0.001 86 126 0.16 40011077 07AR0001 13.32 14.91 0.004 <dl 0.012 274 291 0.4 40011078 07AR0001 14.91 16.4 0.005 0.01 0.038 844 543 0.48 40011079 07AR0001 16.4 16.87 0.033 0.033 0.211 3360 2240 3.63 40011081 07AR0001 16.87 17.5 0.104 0.108 0.739 9040 6390 6.28 40011082 07AR0001 17.5 18.97 0.111 0.137 0.735 >10000 3880 8.04 40011083 07AR0001 18.97 20.47 0.155 0.201 1.005 >10000 2790 10.8 40011084 07AR0001 20.47 21.94 0.118 0.165 0.77 >10000 3940 8.31 40011086 07AR0001 21.94 23.42 0.051 0.073 0.342 5800 1640 8.49 40011087 07AR0001 23.42 25.07 0.044 0.066 0.278 6540 3490 6.32 40011088 07AR0001 25.07 26.1 0.01 0.037 0.062 1260 800 1.19 40011089 07AR0001 26.1 27.5 0.021 0.018 0.138 1930 673 3.01 40011091 07AR0001 27.5 29.04 0.012 0.024 0.076 998 546 2.69 40011092 07AR0001 29.04 30.54 0.017 0.014 0.087 1310 562 3.48 40011093 07AR0001 30.54 32.04 0.026 0.026 0.143 2250 815 5.01

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Kennecott Canada Exploration Inc. – Arrow Project 2007 Diamond Drilling

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SAMPLE # HOLE ID From To Au Pt Pd Cu Ni S m m ppm ppm ppm ppm ppm %

40011094 07AR0001 32.04 33.58 0.064 0.056 0.22 3970 1300 5.91 40011096 07AR0001 33.58 35 0.048 0.055 0.177 4370 2150 5.29 40011097 07AR0001 35 36.74 0.033 0.042 0.155 3700 1730 4.97 40011098 07AR0001 36.74 38.19 0.037 0.051 0.169 2950 1700 5.27 40011099 07AR0001 38.19 39.04 0.044 0.078 0.24 4010 3390 4.98 40011101 07AR0001 39.04 40.56 0.003 0.018 0.012 431 334 0.15 40011102 07AR0001 40.56 42 0.002 0.008 0.01 278 277 0.1 40011103 07AR0001 42 43.5 0.002 0.005 0.007 174 246 0.05 40011104 07AR0001 43.5 44.82 0.001 <dl 0.005 137 170 0.04 40011106 07AR0001 44.82 46.17 0.002 <dl 0.006 166 228 0.04 40011107 07AR0001 46.17 47.68 0.003 0.009 0.009 183 200 0.05 40011108 07AR0001 202.42 204 0.002 0.007 0.011 224 266 0.11 40011109 07AR0001 204 205.45 0.003 0.006 0.016 293 223 0.16 40011111 07AR0001 208.5 210 0.001 0.007 0.011 239 515 0.06 40011112 07AR0001 210 211.67 0.019 0.024 0.05 1030 892 0.4 40011113 07AR0001 211.67 213 0.004 0.009 0.012 346 300 0.17 40011114 07AR0001 213 214.5 0.008 0.01 0.017 400 335 0.22 40011116 07AR0001 214.5 216 0.003 <dl 0.002 153 93 0.27 40011117 07AR0003 198 199.5 0.001 <dl 0.001 38 68 0.02 40011118 07AR0003 199.5 201.26 0.001 <dl 0.001 42 75 0.02 40011119 07AR0003 201.26 202.75 0.002 <dl 0.004 100 81 0.15 40011121 07AR0003 202.75 204 0.002 0.006 0.006 143 89 0.08 40011122 07AR0003 204 205.3 0.003 0.01 0.008 191 96 0.11 40011123 07AR0003 205.3 205.93 0.004 0.008 0.008 199 94 0.1 40011124 07AR0003 205.93 207.44 0.002 0.006 0.007 191 91 0.08 40011126 07AR0003 210 211.48 0.002 0.008 0.007 272 228 0.05 40011127 07AR0003 247.5 249 0.005 0.011 0.008 196 122 0.08 40011128 07AR0003 252 253.5 0.002 0.009 0.008 223 103 0.14 40011129 07AR0003 253.5 255 0.002 0.01 0.009 221 108 0.13 40011131 07AR0003 255 256.5 <dl <dl 0.001 48 77 0.01 40011132 07AR0003 211.48 211.78 <dl <dl 0.001 58 89 0.02 40011133 07AR0003 249 249.3 <dl <dl <dl <dl <dl 0.01 40011134 07AR0004 140.25 141.78 <dl <dl <dl 109 68 0.31 40011136 07AR0004 141.78 142.3 0.001 0.008 0.004 205 83 0.15 40011137 07AR0004 142.3 143.8 0.053 0.084 0.052 3090 5090 2.6 40011138 07AR0004 149 149.64 0.001 0.006 0.006 315 182 0.1 40011139 07AR0004 151.24 151.54 <dl 0.005 0.003 227 124 0.13 40011141 07AR0004 236.15 236.45 0.002 0.005 0.002 106 90 0.04 40011142 07AR0004 237 238.5 <dl 0.005 0.001 48 83 0.02 40011143 07AR0004 238.5 240 <dl <dl <dl 27 22 0.07 40011144 07AR0004 240 240.5 <dl <dl <dl 36 32 0.1

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Kennecott Canada Exploration Inc. – Arrow Project 2007 Diamond Drilling

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Drill Core Geochemistry Whole-rock geochemistry and a suite of trace element analyses was done on selected samples for geochemical characterization, by ALS Chemex. Samples were submitted to lithium borate fusion, major elements analyzed by XRF and trace elements by ICP-MS. Full data set is attached as appendix. Table 5: Selected elements from whole-rock geochemistry

SAMPLE HOLE ID From To SiO2 TiO2 Al2O3 Fe2O3 MnO MgO CaO Na2O K2O S 40011155 07AR0001 7.25 7.47 45.09 0.87 16.01 12.65 0.23 10.31 7.19 2.39 0.54 0.05 40011156 07AR0001 18.40 18.62 31.76 1.01 9.22 30.51 0.13 4.46 4.19 2.25 0.45 9.96 40011157 07AR0001 21.35 21.59 29.34 0.93 9.14 30.98 0.12 3.97 5.07 1.23 0.27 10.45 40011158 07AR0001 27.89 28.19 38.3 1.66 10.96 16.05 0.12 3.89 3.74 2.95 1.87 2.83 40011159 07AR0001 36.00 36.29 39.38 1.03 12.93 21.48 0.12 5.58 6.47 2.15 0.47 5.14 40011160 07AR0001 129.00 129.25 46.57 1.44 16.87 13.18 0.18 8.69 10.18 2.42 0.33 0.06 40011150 07AR0002 7.33 7.53 46.07 0.76 12.89 18.75 0.09 4.62 1.18 1.91 2.23 3.95 40011151 07AR0002 9.33 9.57 42.48 0.86 11.58 23.32 0.09 2.74 2.7 1.68 1.53 7.27 40011152 07AR0002 15.15 15.32 44.51 0.86 17.33 10.67 0.17 10.06 8.23 1.87 1.07 0.07 40011153 07AR0002 30.17 30.37 44.5 1.68 11.39 19.44 0.15 4.04 6.61 1.99 0.97 3.55 40011154 07AR0002 59.00 59.23 47.47 1.43 16.06 13.39 0.18 7.92 10.36 2.61 0.32 0.05 40011132 07AR0003 211.48 211.78 49.24 2.02 15.01 14.04 0.19 6.26 9.04 2.67 0.8 0.05 40011133 07AR0003 249.00 249.30 49.04 1.95 15.18 13.84 0.2 6.36 8.82 2.61 0.94 0.09 40011139 07AR0004 151.24 151.54 49.18 2.09 14.85 14.39 0.2 5.32 8.58 2.67 0.94 0.09 40011141 07AR0004 236.15 236.45 53.13 1.71 14.14 12.79 0.18 4.87 7.9 2.63 0.94 0.07

Drill Site Reclamation The reclamation of the 3 drill sites and associated access trails was completed upon demobilization of the drill rig. The work involved backfilling of sumps, drill pad levelling and smoothing (back-blading) of access trails. The work was supervised by KCEI staff and Gord Persson from Bio-Consulting Ltd. All final sites have been photo documented. KCEI also replanted approximately 75 small pine trees at drill site 07AR0004 as requested by the land owner, Buchanan Forest Products. PROJECT PERSONNEL These Kennecott Canada Exploration Inc or Kennecott Exploration Company employees were involved in the completion of this drilling program. Name Position Residence D. Simpson Exploration Manager Vancouver, BC D. Rossell Senior Geologist Salt Lake City, UT C. Hyde Senior Geophysicist Vancouver, BC J. Laberge Project Geologist Vancouver, BC B. Pezaro Project Geologist Vancouver, BC K. Cliche Geologist Vancouver, BC P. Farah Site Coordinator Tamarack, MN M. Trainor Health and Safety Coordinator Salt Lake City, UT

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Kennecott Canada Exploration Inc. – Arrow Project 2007 Diamond Drilling

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REFERENCES Cogulu, E.H., 1990. Mineralogical and petrological studies of the Crystal Lake Intrusion, Thunder Bay, Ontario. Geological Survey of Canada Open File 2277. Geul, J.J.C., 1970. Geology of the Devon and Pardee Townships and the Start Location, District of Thunder Bay. Ontario Department of Mines Geological Report 87. Smith, A.R. and Sutcliffe, R.H. 1987. Keweenawan intrusive rocks of the Thunder Bay area. In Summary of Field Work, Ontario Geological Survey, Miscellaneous Paper 137, p. 248-255. APPENDIX Assay certificates from ALS Chemex.

Page 22: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

ALS Chemex To: KENNECOTT CANADA EXPLORATION INC. Page: 1 Finalized Date: 19-JAN-2008

Account: KA V 354-200 GRANVILLE ST .

EXCELLENCE IN ANAL YTICAL CHEMISTRY AlS Canada ltd.

VANCOUVER Be V6C 1S4

Project: V3743

P.O. No.: E40352

212 Brooksbank Avenue North Vancouver BC V7J 2C1 Phone: 604 984 0221 Fax: 6049840218 www.alschemeX.com

CERTIFICATE TB07124103

This report is for 145 Drill Core samples submitted to our lab in Thunder Bay, ON, Canada on 24-0CT-2007.

The following have access to data associated with this certificate: PETER ANDEXER J JUSTIN lABERGE I BEN PEZARO

To: KENNECOTT CANADA EXPLORATION INC. ATTN: JUSTIN LABERGE 354-200 GRANVILLE ST VANCOUVER Be V6C 1S4

ALS CODE

WEI-21

LOG-22 CRU-31 SPL-21

LOG-23 PUL-31

CRU-QC PUL-QC

ALS CODE

PGM-ICP23 ME-MSB1

S-IR08

This is the Final Report and supersedes any preliminary report with this certificate number. Results apply to samples as submitted. All pages of this report have been checked and approved for release.

SAMPLE PREPARATION DESCRIPTION

Received Sample Weight

Sample login - Rcd w/o BarCode Fine crushing -70% <2mm Split sample - riffle splitter Pulp Login - Rcvd with Barcode

Pulverize split to 85% <75 urn

Crushing QC Test Pulverizing QC Test

ANAL YTICAL PROCEDURES DESCRIPTION INSTRUMENT

Pt, Pd, Au 30g FA ICP ICP-AES 38 element fusion ICP-MS ICP-MS Total Sulphur (Leco) LECO

~ Signature: <::::: ------.-Colin Ramshaw, Vancouver Laboratory Manager

Page 23: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011000 40011001 40011002 40011003 40011004

40011005 40011006 40011007 40011008 40011009

40011010 40011011 40011012 40011013 40011014

40011015 40011016 40011017 40011018 40011019

40011020 40011021 40011022 40011023 40011024

40011025 40011026 40011027 40011028 40011029

40011030 40011031 40011032 /

40011033 40011034

40011035 40011036 40011037 40011038 40011039

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY AlS Canada ltd.

212 Brooksbank Avenue North Vancouver Be V7 J 2C1 Phone: 604984 0221 Fax: 6049840218 www.alschemex.com

WEI-21 CRU-QC PUL-QC PGM-ICP23 PGM·ICP23 PGM-ICP23 Recvd WI. Pass2mm Pass75um Au PI Pd

kg % % ppm ppm ppm 0.02 0.01 0.01 0.001 0.005 0.001

0.63 82.8 0.001 <0.005 <0.001 2.88 79.4 71.7 0.004 0.009 0.020 3.35 99.0 0.042 0.062 0.299 3.11 0.041 0.060 0.275 3.69 0.064 0.078 0.412

0.14 0.062 0.080 0.053 3.55 0.008 0.014 0.044 1.35 0.043 0.051 0.258 1.69 0.005 0.010 0.026 0.56 0.027 0.043 0.186

0.62 0.028 0.044 0.188 2.27 0.024 0.039 0.157 3.46 0.010 0.026 0.042 3.58 86.0 0.003 0.007 0.015 3.86 0.055 0.092 0.385

0.63 <0.001 <0.005 <0.001 2.31 0.064 0.045 0.223 3.39 0.002 <0.005 0.018 1.87 0.066 0.100 00407

3.45 0.009 0.016 0.048

0.13 0.042 0.079 0.051 3.30 0.023 0.042 0.149 3.78 0.063 0.096 0.375 3.28 0.072 0.113 0.396 0.71 0.088 0.139 0.537

0.65 0.088 0.133 0.526 3.97 0.059 0.101 0.342 3.74 0.028 0.040 0.163 1.45 0.019 0.033 0.123 1.08 0.006 0.006 0.021

0.66 <0.001 <0.005 <0.001 3.73 0,018 0.032 0.091 2.35 0.010 0.017 0.061 1.45 0.004 0.010 0.024 1.34 0.020 0.033 0.103

0.11 0.044 0.080 0.053 2.14 0.009 0.014 0.053 2.32 0.009 0.019 0.056 1.64 0.018 0.029 0.101 1.21 0.003 0.008 0.013

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 5T VANCOUVER BC V6C 184

Project: V3743

Page: 2·A Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

CERTIFICATE OF ANALYSIS TB07124103

ME-MSB1 ME-MSB1 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MSB1 ME-MS81 ME-MSB1 Ag Ba Ce Co Cr Cs Cu Dy Er

ppm ppm ppm ppm ppm ppm ppm ppm ppm 1 0.5 0.5 0.5 10 0.01 5 0.05 0.03

<1 4.0 2.5 0.5 <10 0.02 7 0.43 0.28 <1 384 34.1 52.6 190 4.56 253 2.97 1.76 2 317 36.4 380 180 1.57 3760 2.80 1.61 1 401 38.8 386 210 4.35 3690 3.14 1.78 2 308 40.0 487 210 7.37 5010 3.19 1.87

1 77.8 15.3 211 2280 2.74 3110 2.32 1.24 <1 308 35.3 89.1 220 5.59 831 2.73 1.64 1 313 28.0 402 200 2.37 4250 3.36 1.91

<1 183.5 17.2 85.6 180 3.71 627 1.88 1.07 1 300 23.4 291 210 0.93 3570 2.35 1.31

1 291 22.3 278 210 1.13 3060 2.17 1.27 1 247 29.0 240 180 2.63 3110 2.77 1.68

<1 177.0 16.9 95.9 160 4,33 828 2.31 1.28 <1 162.0 17.8 71.6 160 5.20 280 2.10 1.22 2 215 25.3 399 170 1.31 3940 2.99 1.71

<1 3.3 2.4 1.4 <10 0.02 12 0.36 0.23 1 298 23.2 285 200 2.20 2410 2.90 1.61

<1 224 28.1 70.9 170 4.20 440 3.04 1.74 2 192.5 27.2 234 140 2.99 2630 3.14 1.76 1 186.0 20.6 107.5 140 4.55 906 2.86 1.64

1 64.0 13.3 206 2390 2.58 2490 2.37 1.27 1 176.0 16.8 135.0 130 4.14 1610 2.46 1.38 3 142.5 22.9 443 140 6.10 7000 2.64 1.59 3 123.5 17.5 470 90 5.16 6220 2.31 1.33 2 128.5 20.8 628 120 6.14 8560 2.72 1.52

2 130.0 21.6 629 140 6.50 9380 2.67 1.55 1 151.0 31.5 529 170 5.24 7040 3.73 2.16

<1 250 37.7 262 180 4.99 2650 4.06 2.29 1 282 33.6 193.0 150 4.59 1590 3.02 1.96

<1 437 51.0 68.0 280 9.57 343 4.33 2.66

<1 12.4 3.2 2.3 10 0.24 16 0.40 0.33 1 300 33.1 152.5 190 5.85 1140 3.05 1.83

<1 255 31.7 143.5 170 3.98 962 3.13 1.86 <1 149.5 22.0 67.5 140 3.16 402 3.05 1.75 1 214 31.3 184.0 150 3.05 1420 3.91 2.33

1 62.3 13.3 201 2250 2.51 1910 2.30 1.22 <1 208 22.5 125.0 220 3.04 981 3.30 1.94 1 147.0 21.0 103.0 210 3.26 739 2.87 1.79 1 236 24.5 210 200 3.40 1850 3.10 1.86

<1 115.0 15.7 63.0 120 2.88 190 2.22 1.38

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Method Analyte Units

Sample Description LOR

40011000 40011001 40011002 40011003 40011004

40011005 40011006 40011007 40011008 40011009

40011010 40011011 40011012 40011013 40011014

40011015 40011016 40011017 40011018 40011019

40011020 40011021 40011022 40011023 40011024

40011025 40011026 40011027 40011028 40011029

40011030 40011031 40011032 J

40011033 40011034

40011035 40011036 I

40011037 40011038 40011039

ALS ~hemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver BC V7 J 2C1 Phone: 6049840221 Fax: 6049840218 www.alschemex.com

ME·MS81 ME-MSB1 ME-MSB1 ME-MSB1 ME-MSB1 ME-MS81

Eu Ga Gd Hf He La

ppm ppm ppm ppm ppm ppm

0.03 0.1 0.05 0.2 0.01 0.5

0.07 0.3 0.38 2.3 0.09 1.5 1.19 18.3 3.30 2.6 0.63 16.6 1.02 15.7 3.28 2.5 0.59 18.2 1.02 16.7 3.62 2.8 0.66 19.2 0.99 14.8 3.80 2.9 0.67 19.9

0.78 10.7 2.45 1.6 0,47 7.0 1.05 18.7 3.29 2.6 0.59 17.5 1.15 16.7 3.58 2.4 0.70 13.3 0.84 16.0 2.00 1.4 0.38 8,4 0.99 16.6 2.56 1.9 0.48 11,4

0.99 16.3 2.47 1.7 0,46 11.1 1.04 16.1 3.18 2.3 0.61 14.0 0.94 17.0 2.25 1.6 0.47 8.1 0.93 17.3 2.27 1.6 0,45 8.5 0.83 13.2 3.25 2.3 0.63 11.8

0.07 0.3 0.34 1.6 0.08 1.5 0.97 17.5 3.05 2.1 0.61 10.9 1.14 19.2 3.32 2.3 0.63 13.4 1.08 14.8 3.61 2,4 0.63 12.5 1.10 17.1 3.22 2.1 0.56 9.4

0.79 10.0 2,66 1.6 0.46 5.8 0.95 15.2 2.61 1.6 . 0,48 7.4 0.95 11.6 3.12 1.9 0.55 9.2 0.82 10.2 2.62 1.2 0.45 6.2 0.93 11.0 2.78 1.5 0.55 9.8

0.83 12.1 2.67 1.4 0.56 10.2 1.11 14.9 3.75 2.4 0.74 17.2 1.10 17.9 4.71 2.8 0.82 18.3 1.41 17.6 3.41 2.8 0.64 16.2 1.39 21.1 4.97 4.2 0.85 24.6

0.12 0.6 0.45 1.6 0.10 1.4 1.19 17.4 3.45 2.8 0.61 15.8 1.21 17.5 3.48 2.7 0.62 15.1 1.21 17.5 3.19 2.4 0.58 9.8 1.23 18.6 4.24 3.1 0.79 14.4

0.75 10.0 2.39 1.6 0.43 5.7 1.21 17.9 3.50 2.5 0.63 10.2 1.25 18.0 3.16 2.2 0.59 9.4 1.10 16.0 3.24 2.3 0.62 11.0 0.98 17.2 2.42 1.6 0.45 6.9

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 8T VANCOUVER BC V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME-MSB1 ME-MSB1 ME-MS81 ME-MSB1 ME-MS81 ME-MS81

Lu Me Nb Nd Ni Pb

ppm ppm ppm ppm ppm ppm

0.01 2 0.2 0.1 5 5

0.05 <2 0.3 1.5 <5 <5 0.27 3 7.0 16.8 411 11 0.23 27 6.4 17.2 1870 20 0.27 30 7.1 19.2 1920 19 0.27 44 7.3 19.7 2000 34

0.16 3 3.5 9,4 4680 22 0.25 5 6.5 16.8 669 13 0.27 32 6.9 15.6 2910 10 0.16 3 3.7 9.1 475 6 0.19 17 5.1 12.1 2240 9

0.19 15 4.9 11.7 2150 7 0.24 14 5.9 15.0 1880 16 0.18 3 4.3 9.6 663 9 0.18 2 4.2 9.8 382 5 0.24 32 6.1 14.2 1270 13

0.05 <2 0.2 1.5 5 <5 0.23 23 5.7 12.9 948 6 0.24 3 6.4 15.0 333 5 0.24 19 6.6 15.5 614 14 0.22 3 5.9 12.3 807 8

0.15 3 3.7 8.8 5040 23 0.18 4 4.9 10.4 863 9 0.22 25 5.8 13.8 2100 17 0.18 35 3.1 10.5 1590 19 0.22 64 3.7 11.7 2790 24

0.21 68 4.1 12.2 2520 23 0.30 49 7.1 17.5 2330 21 0.29 20 8.3 20.2 1290 11 0.29 12 7.3 17.1 780 10 0.38 8 11.7 25.9 315 9

0.05 <2 0.5 1.9 10 <5 0.27 12 7.0 17.2 535 8 0.26 10 8.1 16.7 569 7 0.24 3 6.3 12.8 291 <5 0.31 14 8.4 17.7 855 7

0.15 4 3.7 8.5 3990 18 0.27 8 7.2 13.5 693 8 0.24 5 6.1 12.7 507 6 0.25 14 6.2 14.0 1220 B 0.19 2 4.4 9.4 298 <5

Page: 2 - B Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

TB07124103

ME-MS81 ME·MS81 ME-MS81

Pr Rb Sm

ppm ppm ppm

0.03 0.2 0.03

0.38 0.3 0.33 4.33 69.6 3.49 4.52 68.6 3.49 4.87 79.4 3.82 5.00 72.4 3.80

2.11 16.2 2.38 4.39 75.3 3.39 3.66 52.8 3.45 2.20 41.7 1.97 3.03 46.2 2.70

2.90 47.2 2.56 3.64 40.9 3.21 2.26 38.2 2.28 2.32 36.2 2.16 3.33 44.2 3.20

0.39 0.2 0.32 3.09 51.7 2.97 3.67 40.0 3.29 3.66 36.0 3.50 2.77 28.8 2.83

1.90 13.8 2.25 2.33 25.8 2.47 3.06 29,4 2.97 2.32 20.8 2.48 2.77 25.2 2.73

2.91 25.3 2.74 4.22 29.3 3.89 4.91 56.8 4.46 4.31 64.4 3.44 6.44 107.5 5.30

0,49 2.4 0.45 4.31 76.8 3.64 4.13 64.3 3.61 3.03 29.6 3.03 4.20 51.4 4.16

1.87 14.2 2.25 3.10 33.9 3.32 2.85 26.3 2.96 3.35 59.5 3.16 2.19 17.2 2.26

Page 25: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011000 40011001 40011002 40011003 40011004

40011005 40011006 40011007 40011008 40011009

40011010 40011011 40011012 40011013 40011014

40011015 40011016 40011017 40011018 40011019

40011020 40011021 40011022 40011023 40011024

40011025 40011026 40011027 40011028 40011029

40011030 40011031 40011032 I

40011033 40011034

40011035 40011036 40011037 40011038 40011039

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7J 2C1 Phone: 6049840221 Fax: 6049840218 www.alschemex.com

ME-MSB1 ME-MSB1 ME-MSB1 ME-MS81 ME-MSB1 ME-MS81

Sn Sr Ta Tb Th TI

ppm ppm ppm ppm ppm ppm

1 0.1 0.1 0.D1 0.05 0.5

<1 2.1 <0.1 0.07 0.38 <0.5 1 238 0.5 0.52 3.82 <0.5 2 136.0 0.4 0.49 4.02 2.8 2 211 0.5 0.54 4.42 2.9 3 138.5 0.5 0.57 4.69 2.8

2 100.5 0.2 0.41 1.17 <0.5 1 246 0.5 0.48 3.99 <0.5 2 257 0.4 0.57 2.20 0.5 1 259 0.2 0.31 1.61 <0.5 1 153.0 0.3 0040 2.31 <0.5

1 162.5 0.3 0.39 2.21 <0.5 1 220 0.4 0.49 2.57 <0.5 1 277 0.3 0.38 1.07 <0.5 1 280 0.3 0.37 1.36 <0.5 2 193.0 0.4 0.52 2.06 1.0

<1 2.2 <0.1 0.06 0.34 <0.5 1 207 0.4 0.47 1.72 <0.5 1 319 0.4 0.52 2.35 <0.5 5 217 0.4 0.54 2.63 0.6 1 288 0.4 0.49 1.49 <0.5

2 88.1 0.2 0.41 1.05 <0.5 1 269 0.3 0.42 1.04 <0.5 1 151.0 004 0.48 2.14 <0.5 1 135.0 0.2 0.39 1.47 <0.5 2 139.0 <0.1 0.45 1.88 <0.5

2 146.5 0.1 0.46 1.79 <0.5 2 168.0 0.2 0.60 2.86 <0.5 2 209 0.4 0.71 4.14 <0.5 2 291 0.5 0.53 3.64 <0.5 1 230 0.8 0.79 5.90 <0.5

<1 7.0 <0.1 0.09 0.48 <0.5 1 318 0.5 0.55 3.74 <0.5 1 331 0.6 0.56 3.11 <0.5 1 308 0.4 0.52 1.74 <0.5 1 311 0.5 0.67 2.72 <0.5

2 92.9 0.2 0.42 1.07 <0.5 1 325 0.4 0.58 1.63 <0.5 1 308 0.4 0.53 1.62 <0.5 2 315 0.4 0.56 2.14 <0.5 1 300 0.3 0.42 1.05 <0.5

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 5T VANCOUVER BC V6C 154

Project: V3743

I CERTIFICA TE OF ANALYSIS

ME-MSB1 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Tm U V W Y Yb

ppm ppm ppm ppm ppm ppm

0.Q1 0.05 5 1 0.5 0.03

0.05 0.24 <5 3 2.6 0.30 0.26 1.80 187 3 16.7 1.69 0.25 2.07 137 9 15.4 1.55 0.27 2.46 155 2 17.4 1.70 0.27 2.66 142 4 17.6 1.76

0.18 0.48 118 2 12.1 1.03 0.25 1.94 156 4 15.0 1.61 0.28 1.13 222 2 18.3 1.79 0.16 0.77 143 3 10.1 1.02 0.20 1.12 210 3 13.1 1.27

0.20 1.08 203 4 12.5 1.21 0.24 1.27 188 7 15.9 1.58 0.19 0045 152 4 12.4 1.20 0.18 0.58 136 5 11.8 1.16 0.26 1.24 177 2 17.1 1.60

0.04 0.22 <5 6 2.3 0.25 0.24 0.91 209 6 15.7 1.51 0.25 1.43 157 5 16.9 1.59 0.24 1.59 149 3 16.1 1.65 0.22 0.80 146 4 14.3 1.46

0.16 0.41 146 4 11.2 1.05 0.19 0.52 128 4 12.2 1.26 0.22 1.54 155 10 14.0 1.55 0.19 0.85 115 7 11.7 1.19 0.21 1.16 147 9 13.5 1.49

0.23 1.11 152 7 14.2 1.35 0.26 1.59 170 8 18.5 1.98 0.34 2.05 194 6 20.6 2.22 0.29 1.71 134 1 16.0 1.88 0.39 3.09 205 1 21.8 2.42

0.05 0.32 5 <1 2.5 0.33 0.25 1.87 147 2 15.6 1.67 0.26 1.53 163 6 15.8 1.64 0.25 0.86 146 1 14.9 1046 0.32 1.35 165 1 20.5 2.01

0.16 0.44 116 3 11.1 1.00 0.27 0.88 174 <1 17.3 1.65 0.25 0.83 194 1 15.0 1.55 0.25 1.25 195 1 15.4 1.55 0.19 0.54 124 3 11.3 1.15

Page: 2 M C Total # Pages: 5 (A - C)

Finalized Date: 19..JAN M 2008 Account: KAV

TB07124103

ME-MSB1 ME-MSB1 S-IROB

Zn Zr S

ppm ppm %

5 2 0.01

11 91 0.01 102 100 0.22 186 97 5.02 132 107 4.89 151 112 7.28

152 60 2.82 114 98 0.78 117 92 4.93 91 52 0.61

129 70 2.94

135 67 2.92 151 85 2.40 108 62 0.48 107 61 0.19 142 85 5.70

19 60 0.01 115 79 4.24 115 89 0.44 163 84 3.99 108 74 0.76

154 54 2.89 98 58 1.41 156 68 7.35 148 50 10.40 141 56 10.85

168 56 11.10 181 92 7.40 130 107 3.70 106 110 2.73 101 151 0.97

15 62 0.02 117 102 2.12 107 101 1.83 94 85 0.46 78 117 2.62

134 60 2.94 121 93 1.28 95 80 1.25 66 84 3.13 79 58 0.24

Page 26: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011040 40011041 40011042 40011043 40011044

40011045 40011046 40011047 40011048 40011049

40011050 40011051 ~

40011052 40011053 40011054

40011055 40011056 40011057 40011058 40011059

40011060 40011061 40011062 40011063 40011064

40011065 40011066 40011067 40011068 40011069

40011070 40011071 40011072 I

40011073 40011074

40011075 40011076 40011077 40011078 40011079

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7J 2C1 Phone: 604984 0221 Fax: 6049840218 www.alschemex.com

WEI-21 CRU·aC PUL·QC PGM·1CP23 PGM-ICP23 PGM-ICP23

Recvd WI. Pass2mm Pass75um Au PI Pd

kg % % ppm ppm ppm

0.02 0.01 0.01 0.001 0.005 0.001

1.20 0.002 <0.005 0.006 3.94 0.016 0.022 0.048 3.65 0.008 0.007 0.012 3.99 0.005 0.008 0.013 3.64 0.003 <0.005 0.011

0.73 <0.001 <0.005 <0.001 3.69 0.002 <0.005 0.007 2.36 0.003 0.007 0.007 1.14 0.100 <0.005 0.002 3.42 0.002 0.007 0.085

0.12 0.043 0.067 0.046 3.95 0.001 <0.005 0.004 3.65 0.001 <0.005 0.004 3.89 0.001 <0.005 0.004 1.79 0.001 <0.005 0.002

1.71 0.001 <0.005 0.004 3.65 0.001 <0.005 0.017 3.83 0.002 <0.005 0.004 3.63 0.001 <0.005 0.004 3.94 0.001 <0.005 0.004

0.70 0.001 <0.005 <0.001 3.04 0.001 <0.005 0.004 3.97 0.002 <0.005 0.006 3.92 0.002 <0.005 0.005 3.71 0.002 <0.005 0.005

2.35 0.002 0.005 0.006 0.13 0.043 0.074 0.049 3.64 0.003 0.005 0.015 3.39 0.001 <0.005 0.006 1.49 <0.001 <0.005 0.007

1.53 <0.001 <0.005 0.005 3.03 0.001 <0.005 0.003 3.37 <0.001 <0.005 0.005 3.20 <0.001 <0.005 0.009 1.35 0.001 <0.005 0.013

0.60 <0.001 <0.005 <0.001 1.26 <0.001 <0.005 0.001 3.25 0.004 <0.005 0.012 3.14 0.005 0.010 0.038 1.30 0.033 0.033 0.211

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 8T VANCOUVER BC V6C 184

Project: V3743

Page: 3-A Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KA V

CERTIFICATE OF ANALYSIS TB07124103

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME·MS81

Ag Sa Ce Co Cr Cs Cu Dy Er

ppm ppm ppm ppm ppm ppm ppm ppm ppm

1 0.5 O.S 0.5 10 0.01 5 0.05 0.03

<1 108.5 15.5 59.1 120 2.87 177 2.24 1.33 <1 107.5 14.3 101.0 140 3.17 518 2.02 1.23 <1 110.0 16.0 73.9 330 1.37 175 2.43 1.49 <1 175.0 15.1 74.0 350 2.55 206 2.32 1.44 <1 91.7 13.7 68.3 430 1.51 123 2.39 1.42

<1 6.8 2.6 3.5 10 0.14 16 0.31 0.26 <1 111.0 16.6 74.4 120 1.94 223 2.77 1.62 <1 123.0 17.2 63.5 160 2.24 353 2.71 1.62 <1 527 53.5 23.9 180 3.24 67 3.70 2.23 <1 128.0 20.0 62.7 120 1.39 331 3.19 1.90

1 61.0 13.0 201 2300 2.48 1920 2.05 1.15 <1 105.0 16.5 61.5 170 1.04 143 2.74 1.60 <1 103.5 15.7 59.8 110 1.10 106 2.73 1.56 <1 99.3 15.6 60.4 110 1.12 105 2.66 1.46 <1 86.9 13.7 62.0 100 1.11 93 2.36 1.34

<1 92.1 15.0 67.1 110 1.18 122 2.44 1.41 <1 92.4 14.7 59.7 110 1.20 95 2.56 1.43 <1 119.0 21.2 56.5 170 1.12 122 3.82 2.14 <1 109.0 18.4 61.3 130 0.79 125 3.35 1.88 <1 142.5 23.9 67.5 160 0.82 175 4.44 2.46

<1 5.7 3.3 2.4 10 0.02 7 0.51 0.33 <1 132.0 25.3 64.3 150 0.65 165 4.55 2.54 <1 122.0 21.4 66.9 150 0.70 148 3.92 2.18 <1 131.5 23.9 62.7 150 0.65 155 4.42 2.48 <1 129.5 22.3 58.3 140 0.60 145 4.16 2.25

<1 122.0 21.1 61.1 140 0.64 145 3.85 2.21 1 61.5 13.2 210 2490 2.53 3250 2.31 1.17

<1 186.5 17.7 68.8 290 2.65 231 3.40 1.85 <1 148.0 16.1 63.6 260 2.80 90 2.87 1.60 <1 167.0 14.2 62.1 260 2.25 72 2.20 1.24

<1 166.0 14.3 66.0 270 2.24 78 2.27 1.22 <1 154.0 15.2 70.7 160 3.99 75 2.22 1.27 <1 117.5 14.3 74.6 130 3.38 67 2.32 1.28 <1 94.2 15.5 74.4 160 3.63 107 2.66 1.43 <1 167.5 19.1 73.1 320 2.48 188 3.28 1.82

<1 5.4 2.6 2.0 10 0.07 7 0.42 0.27 <1 604 56.1 30.7 220 4.79 86 4.10 2.44 <1 320 30.8 65.7 200 4.12 274 3.34 1.94 <1 263 24.9 77.4 160 3.81 844 2.91 1.63 1 145.0 24.4 311 160 1.91 3360 3.64 2.06

Page 27: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011040 40011041 40011042 40011043 40011044

40011045 40011046 40011047 40011048 40011049

40011050 40011051 40011052 40011053 40011054

40011055 40011056 40011057 40011058 40011059

40011060 40011061 40011062 40011063 40011064

40011065 40011066 40011067 40011068 40011069

40011070 40011071 40011072 I

40011073 40011074

40011075 40011076 40011077 40011078 40011079

ALS Chemex EXCELLENCE IN ANAL YT/CAL CHEMISTRY ALS Canada ltd.

212 Brooksbank Avenue North Vancouver BC V7 J 2C1 Phone: 604 984 0221 Fax: 6049840218 www.alschemex.com

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Eu Ga Gd Hf Ho La

ppm ppm ppm ppm ppm ppm

0.03 0.1 0.05 0.2 0.01 0.5

0.95 17.3 2.36 1.6 0.44 6.7 0.88 17.1 2.19 1.5 DAD 6.3 1.38 17.1 2.47 1.7 0.50 7.0 1.19 17.4 2.47 1.8 0.47 6.6 1.07 1S.0 2.43 1.7 0.48 5.9

0.11 0.7 0.37 1.7 0.09 1.2 1.11 19.2 2.84 1.9 0.55 7.2 1.0S 18.8 2.79 2.0 0.53 7.6 1.20 19.7 4.63 4.0 0.73 26.5 1.22 19.7 3.28 2.3 0.65 8.7

0.71 10.5 2.22 1.5 0.41 5.7 1.08 18.6 2.88 1.9 0.54 7.3 1.05 18.8 2.76 1.9 0.54 7.0 0.95 18.6 2.59 1.9 0.52 6.9 0.93 17.0 2.30 1.7 0,47 6.3

0.88 18.3 2.51 1.7 0,48 6.6 0.93 17.3 2.55 1.7 0.50 6.5 1.31 20.5 3.59 2.6 0.76 9.4 1.25 20.3 3040 2,4 0.64 8.1 1.59 23.0 4.46 3.0 0.88 10.7

0.11 0.8 0.52 2.8 0.11 1.7 1.58 21.1 4.86 3.1 0.91 11.2 1.37 20.4 4.00 2.6 0.77 9.4 1.51 20.2 4.52 3.0 0.88 10.5 1.46 20.9 4.23 2.7 0.82 9.8

1.39 20.2 4.06 2.6 0.78 9.3 0.77 10.1 2,49 1.5 0.44 5.8 1.30 19.7 3.39 2.2 0.68 7.8 1.07 18.8 2.81 2.0 0.58 7.1 0.89 16.7 2.38 1.6 0.43 6,4

0.93 17.9 2.31 1.6 0.44 6.4 0.89 18.7 2.41 1.6 0.44 6.8 0.94 18.4 2.56 1.6 0.45 6.5 0.93 16.9 2.68 1.8 0.50 6.9 1.15 18.8 3.35 2.2 0.64 8.5

0.08 0.6 0040 2.0 0.09 1.3 1.47 21.1 5.21 4.5 0.82 28.1 1.26 19.2 3.76 2.9 0.66 14.5 1.21 17.9 3.21 2.3 0.57 11.5 1.11 17.2 3.79 2.8 0.73 11.5

To: KENNECOTT CANADA EXPLORATION INC. 354~200 GRANVILLE ST VANCOUVER BC V6C 1S4

Project: V3743

Page: 3 M B Total # Pages: 5 (A ~ C)

Finalized Date: 19MJAN~2008 Account: KA V

CERTIFICATE OF ANALYSIS TB07124103

ME-MS81 ME-MSB1 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Lu Mo Nb Nd Ni Pb Pr Rb Sm

ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.01 2 0.2 0.1 5 5 0.03 0.2 0.03

0.18 2 4.3 9.2 254 <5 2.13 15.2 2.31 0.17 4 4.1 8.3 692 6 1.93 13.9 2.09 0.20 3 4.9 9.6 264 5 2.19 13.8 2.34 0.19 <2 5.0 9.0 262 21 2.04 10.8 2.13 0.19 <2 4.8 8.7 157 <5 1.94 7.3 2.30

0.05 <2 0.5 1.6 12 <5 0.41 0.7 0.34 0.21 <2 5.9 10.2 199 <5 2.36 11.0 2.59 0.22 <2 6.0 10.4 159 <5 2.29 18.1 2.58 0.34 2 10.6 25.5 81 7 6.64 105.5 4.81 0.26 <2 7.0 12.2 193 <5 2.76 11.7 2.96

0.14 3 3.6 8.1 3910 20 1.80 13.3 2.06 0.21 <2 5.9 9.9 259 <5 2.21 8.7 2.54 0.19 <2 5.1 9.6 282 5 2.06 9.7 2.35 0.18 <2 5.1 9.3 326 <5 2.09 8.3 2.46 0.16 <2 4.5 8.2 362 <5 1.81 7.6 2.00

0.18 <2 4.8 9.0 410 <5 1.99 7.8 2.24 0.17 <2 4.7 8.8 361 <5 1.98 7.6 2.22 0.29 <2 6.3 12.8 195 <5 2.90 9.9 3.28 0.25 <2 6.0 11.3 226 <5 2.54 6.9 2.96 0.32 <2 7.9 14.7 194 <5 3.25 8.3 3.81

0.05 <2 0.4 2.0 6 <5 0.49 0.4 0.46 0.34 <2 8.4 16.2 200 <5 3.43 7.7 4.13 0.29 <2 6.9 13.7 213 <5 3.01 7.1 3.40 0.32 <2 7.9 15.0 188 <5 3.32 7.4 3.89 0.29 <2 7.3 14.1 169 <5 3.10 7.5 3.61

0.29 <2 7.0 13.2 185 <5 2.94 6.8 3.42 0.14 3 3,3 8.4 4840 20 1.86 13.5 2.14 0.25 <2 5.6 11.2 324 <5 2.50 17.9 2.89 0.22 2 4.7 10.1 234 6 2.23 15.4 2.53 0.16 4 3.8 8.3 265 16 1.94 19.6 2.01

0.18 2 3.8 8.5 276 22 1.93 19.4 2.08 0.17 <2 4.0 8.7 336 7 2.06 20.0 2.08 0.16 <2 4.2 8.5 396 <5 1.92 13.7 2.17 0.18 <2 4.6 9.3 468 <5 2.11 12.4 2.36 0.23 <2 5.8 11.6 377 <5 2.61 19.0 3.03

0.05 <2 0.4 1.6 9 <5 0.41 0.6 0.36 0.37 5 10.5 27.1 126 12 6.88 109.0 5,40 0.27 5 7.0 15.9 291 12 3.97 63.3 3.56 0.23 2 5.7 13.6 543 8 3.23 55.1 3.07 0.28 16 6.9 14.1 2240 <5 3.31 29.0 3.42

Page 28: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011040 40011041 40011042 40011043 40011044

40011045 40011046 40011047 40011048 40011049

40011050 40011051 40011052 40011053 40011054

40011055 40011056 40011057 40011058 40011059

40011060 40011061 40011062 40011063 40011064

40011065 40011066 40011067 40011068 40011069

40011070 40011071 40011072 I

40011073 40011074

40011075 40011076 40011077 40011078 40011079

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be VlJ 2C1 Phone: 6049840221 Fax: 6049840218 www.alschemex.com

ME-MSB1 ME-MSB1 ME·MSB1 ME·MSB1 ME·MSB1 ME-MS81

Sn Sr Ta Tb Th TI

ppm ppm ppm ppm ppm ppm

1 0.1 0.1 0.01 0.05 0.5

1 295 0.3 0.40 1.03 <0.5 1 277 0.2 0.38 0.90 <0.5 1 270 0.3 0.43 0.88 <0.5 1 252 0.3 0.43 0.92 <0.5 1 274 0.3 0.42 0.61 <0.5

<1 10.3 <0.1 0.08 0.36 <0.5 1 306 0.4 0.47 0.72 <0.5 1 274 0.4 0.47 1.00 <0.5 2 147.5 0.7 0.68 7.64 <0.5 1 293 0.4 0.56 0.94 <0.5

2 93.0 0.2 0.38 1.01 <0.5 1 294 0.4 0.47 0.67 <0.5 1 332 0.3 0.45 0.65 <0.5 1 322 0.3 0.43 0.61 <0.5 1 329 0.3 0.39 0.54 <O~S

1 333 0.3 0.41 0.59 <0.5 1 306 0.3 0.42 0.57 <0.5 1 329 0.5 0.59 0.72 <0.5 1 313 0.5 0.56 0.64 <0.5 1 329 0.6 0.72 0.B7 <0.5

<1 8.9 0.1 0.08 0.49 <0.5 1 279 0.6 0.77 0.89 <0.5 1 307 0.6 0.65 0.74 <0.5 1 276 0.6 0.71 0.85 <0.5 1 303 0.5 0.66 0.80 <0.5

1 277 0.5 0.64 0.76 <0.5 2 84.5 0.3 0.38 0.94 <0.5 1 309 0.4 0.55 0.66 <0.5 1 263 0.4 0.45 0.75 <0.5 1 266 0.3 0.37 0.82 <0.5

1 273 0.3 0.38 0.78 <0.5 1 289 0.3 0.38 0.78 0.6 1 266 0.4 0.37 0.58 0.5 1 216 0.4 0.41 0.66 <0.5 1 267 0.5 0.54 0.87 <0.5

<1 6.7 0.1 0.06 0.34 <0.5 2 196.5 0.8 0.73 6.91 <0.5 2 279 0.6 0.58 2.90 <0.5 2 285 0.5 0.50 2.26 <0.5 3 211 0.5 0.61 1.71 0.7

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 5T VANCOUVER Be V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME·MSB1 ME·MSB1 ME-MS81 ME-MS81 ME·MSB1 ME·MS81

Tm U V W Y Yb

ppm ppm ppm ppm ppm ppm

0.01 0.05 5 1 0.5 0.03

0.18 0.50 120 5 11.4 1.12 0.18 0.38 126 <1 10.7 1.05 0.21 0.29 312 4 12.7 1.30 0.20 0.32 223 2 12.3 1.22 0.20 0.16 176 2 12.5 1.23

0.04 0.24 6 5 2.3 0.25 0.23 0.22 156 <1 14.9 1.39 0.23 0.39 185 <1 14.2 1.37 0.33 3.28 117 2 19.2 2.12 0.26 0.26 158 2 17.2 1.62

0.15 0.39 122 2 11.0 0.93 0.22 0.18 156 3 14.8 1.36 0.21 0.15 205 3 14.0 1.36 0.20 0.14 205 4 13.8 1.32 0.17 0.14 178 4 12.3 1.12

0.19 0.15 195 3 13.1 1.23 0.20 0.14 194 2 13.0 1.22 0.30 0.20 216 4 18.7 2.05 0.25 0.18 184 9 15.7 1.71 0.33 0.21 253 2 21.5 2.22

0.05 0.29 6 4 3.0 0.36 0.34 0.23 250 5 22.0 2.29 0.31 0.19 216 20 18.8 2.02 0.34 0.22 236 3 20.9 2.20 0.31 0.20 226 3 19.4 2.07

0.31 0.20 215 2 18.9 1.93 0.16 0.39 138 2 10.6 0.99 0.26 0.17 227 2 16.3 1.72 0.22 0.27 185 3 13.8 1.44 0.17 0.33 130 2 10.6 1.09

0.17 0.29 138 2 10.9 1.14 0.17 0.31 121 2 11.1 1.12 0.18 0.17 124 4 11.2 1.20 0.19 0.22 137 2 12.8 1.28 0.24 0.29 299 3 16.0 1.58

0.04 0.27 6 1 2A 0.30 0.34 3.65 156 4 21.2 2.40 0.26 1.39 191 4 16A 1.80 0.23 1.03 159 3 14.1 1.61 ~

0.28 0.80 164 2 17.8 1.95

Page: 3 - C Total # Pages: 5 (A - C)

Finalized Date: 19..JAN-2008 Account: KAV

TB07124103

ME-MSB1 ME-MS81 S-IR08

Zn Zr S

ppm ppm %

5 2 0.01

81 59 0.22 99 57 0.66 89 66 0.40

127 70 0.30 87 61 0.14

14 70 0.02 96 78 0.18

149 72 0.17 121 157 0.02 115 92 0.08

141 58 3.00 101 76 0.04 92 69 0.03 92 68 0.03 80 62 0.02

86 66 0.08 85 65 0.02 114 97 0.03 105 86 0.04 137 111 0.04

12 105 0.01 132 118 0.04 126 95 0.03 127 108 0.03 119 100 0.03

121 95 0.03 154 54 2.81 112 77 0.04 116 73 0.09 128 60 0.04

131 57 0.03 110 60 0.50 99 56 0.15

105 68 0.15 124 80 0.15

12 78 0.01 119 164 0.16 168 107 OAO 108 85 0,48 98 103 3.63

Page 29: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011080 40011081 40011082 40011083 40011084

40011085 40011086 40011087 40011088 40011089

40011090 40011091 40011092 40011093 40011094

40011095 40011096 40011097 40011098 40011099

40011100 40011101 40011102 40011103 40011104

40011105 40011106 40011107 40011108 40011109

40011110 40011111 40011112 /

40011113 40011114

40011115 40011116 40011117 40011118 40011119

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver BC V7J 2C1 Phone: 6049840221 Fax: 6049840218 www.alschemex.com

WEI-21 CRU-QC PUL-QC PGM-ICP23 PGM-ICP23 PGM-JCP23

Recvd WI. Pass2mm Pass7Sum Au PI Pd

kg % % ppm ppm ppm

0.02 0.01 0.01 0.001 0.005 0.001

0.13 0,050 0.073 0.050 1.48 0.104 0.108 0.739 3.16 0.111 0.137 0.735 3.80 0.155 0.201 1.005 1.84 0.118 0.165 0.770

1.59 0.100 0.151 0.660 3.73 0.051 0.073 0.342 4.14 0.044 0.066 0.278 2.53 97.0 0.010 0.037 0.062 3.55 0.021 0.018 0.138

0.53 <0.001 <0.005 <0.001 3.29 0.012 0.024 0.076 3.60 0.017 0.014 0.087 3.62 0.026 0.026 0.143 3.69 0.064 0.056 0.220

0.13 0.048 0.082 0.052 3.58 0.048 0.055 0.177 3.60 0.033 0.042 0.155 3.62 0.037 0.051 0.169 0.94 0.044 0.078 0.240

0.94 0.054 0.088 0.249 3.66 0.003 0.018 0.012 4,03 0.002 0.008 0.010 3.81 0.002 0.005 0.007 3.43 0.001 <0.005 0.005

0.62 <0.001 <0.005 <0.001 3.37 0.002 <0.005 0.006 4.06 0.003 0.009 0.009 3.87 0.002 0.007 0.011 3.79 0.003 0.006 0.016

0.13 0.052 0.073 0.053 3.53 0.001 0.007 0.011 3.91 0.019 0.024 0.050 3.47 0.004 0.009 0.012 1.58 0.008 0.010 0.017

1.65 0.004 0.005 0.010 3.24 0.003 <0.005 0.002 3.19 0.001 <0.005 0.001 3.27 0.001 <0.005 0.001 3.45 0.002 <0.005 0.004

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER BC V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ag 8a Ce Co Cr Cs

ppm ppm ppm ppm ppm ppm

1 0,5 0.5 0.5 10 0.01

1 65.0 14.2 226 2660 2.66 3 109.0 21.6 497 210 1.21 4 24.8 19.6 502 150 0.19 4 79.8 17.0 603 90 0.77 4 169.5 32.3 539 140 2.83

4 104.0 24.5 558 130 3.15 2 113.5 22.8 518 140 5.57 2 134.5 31.6 486 200 7.25

<1 158.5 22.8 123.5 190 3.83 1 208 43.0 186.0 170 2.87

<1 3.7 2,6 1.9 <10 0.03 1 466 47.3 149.0 190 2.38

<1 218 34.5 199.5 190 1.94 <1 174.0 29.4 258 200 0.79 <1 181.5 25.3 337 200 0.72

1 62.7 13,3 212 2480 2.55 1 114.0 29.7 343 420 3.16

<1 108.0 24.5 332 130 3.19 1 67.6 15.9 364 170 1.14 1 37.2 17.1 663 150 0.33

1 28.4 17.3 622 160 0.31 <1 215 20.7 83.9 130 2.23 <1 129.5 24.2 79.2 150 0.83 <1 124.5 22.8 71.1 150 1.27 <1 256 33.9 49.7 140 2.60

<1 8.2 3.2 2.0 <10 0.07 <1 104.5 18.0 68.5 160 1.03 <1 158.5 31.0 63.5 250 1.50 <1 135.5 24.3 68.5 180 1.35 <1 229 56.2 62.4 130 3.16

1 64.0 14.4 213 2540 2.61 <1 136.5 13.3 76.7 260 3.37 <1 274 17.0 94.7 230 2.90 <1 192.0 26.0 65.7 190 2,99 <1 424 44.4 49.2 200 4.77

<1 435 46.8 45.6 220 4.79 <1 740 64.3 24.3 200 6.36 <1 782 55.0 17.7 200 3.83 <1 939 62.1 20.3 210 4.96 <1 655 51.2 33.3 170 3.63

Page: 4-A Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

TB07124103

ME-MS81 ME-MS81 ME-MS81

Cu Dy Er

ppm ppm ppm

5 0,05 0.03

3060 2.52 1.23 9040 3.34 1.80

>10000 3.02 1.77 >10000 2.31 1.27 >10000 2.53 1.43

>10000 2.77 1.56 5800 2.74 1.45 6540 4.15 2.27 1260 3.27 1.76 1930 5.05 2.76

21 0.48 0.31 998 5.60 3.18 1310 4.14 2,32 2250 3.72 1.98 3970 3.52 2.13

3450 2.32 1.19 4370 3.47 1.83 3700 3.17 1.71 2950 2.83 1.54 4010 3.02 1.72

4430 3.02 1.79 431 3.70 2.05 278 4.29 2.49 174 4.08 2.33 137 4.53 2.61

7 0.49 0.33 166 3.47 1.89 183 5.55 3.08 224 4.45 2.50 293 8.87 4.95

2930 2.49 1.32 239 2.33 1.32

1030 2.66 '1.56 . 346 4.39 2.49

400 3.53 2.06

278 3.73 2.16 153 4.64 2.84 38 3.74 2.25 42 3.95 2.43 100 5.31 2.85

Page 30: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011080 40011081 40011082 40011083 40011084

40011085 40011086 40011087 40011088 40011089

40011090 40011091 40011092 40011093 40011094

40011095 40011096 40011097 40011098 40011099

40011100 40011101 40011102 40011103 40011104

40011105 40011106 40011107 40011108 40011109

40011110 40011111 40011112 /

40011113 40011114

40011115 40011116 40011117 40011118 40011119

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd,

212 Brooksbank Avenue North Vancouver BC V7 J 2C1 Phone: 604984 0221 Fax: 6049840218 www.alschemex.com

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ev Ga Gd Hf Ho La

ppm ppm ppm ppm ppm ppm

0.03 0.1 0.05 0.2 0.01 0.5

0.82 10.7 2.62 1.7 0.47 6.3 0,99 14.7 3.45 2,5 0.66 10.2 1.07 12.5 3.11 2.2 0.57 8.1 0.82 9.8 2,24 1.6 0,46 7,4 0.75 11.3 2,99 2,2 0,51 15.5

0.83 11.4 3.09 1.9 0.55 10,7 0.83 11.3 2.87 2.0 0.53 10,3 1.12 15.5 4.37 3.1 0.77 14.3 1.28 18.1 3.40 2.4 0.62 10.6 1.19 17.4 5.49 4.1 0.97 19.3

0.09 0.3 0.45 2.7 0.10 1.4 1.42 17.6 6.16 4.7 1.09 22.3 1.11 14.5 4.30 3.3 0.79 15.9 1.09 13.6 4.01 2.7 0.70 13.1 1.04 14.1 3.52 2.6 0.69 11.3

0.74 10.4 2.42 1.6 0.45 5.9 1.07 15.0 3.80 3.2 0.66 13.2 1.19 16.0 3.44 3.2 0.62 10.8 1.25 15.7 2.87 1.9 0.54 7.0 1.42 16.2 3.16 2.0 0.60 7.5

1.39 16.3 3.09 1.9 0.60 7.6 1.28 20.5 3.74 2.5 0.70 9.1 1.43 21.2 4.37 2.9 0.84 10.6 1.33 20.3 4.20 2.8 0.82 10.0 1.46 20.3 4.72 3.5 0.87 15.6

0.09 0.7 0.42 1.6 0.09 1.5 1.24 18.6 3.42 2.2 0.66 7.9 1.69 21,6 5.50 3,6 1.06 13.6 1.42 20.6 4.37 2.9 0.87 10.7 2.53 24.7 9.38 5.3 1.71 24.4

0.78 11.1 2.65 1.7 0.47 6.3 0.92 17.7 2.36 1.5 0.46 5.7 0.98 18.2 2.82 1.8 0.53 7.4 1,47 20.5 4.50 2.9 0.S7 11.6 1.53 22.9 4.41 2.9 0.70 21.4

1.44 24.9 4.63 3.2 0.73 23.0 1.33 23.9 5.53 4.3 0.93 32.6 1.02 19.8 4.70 4.4 0,77 27.1 1,01 21.9 4.85 4.5 0.79 31.0 1.69 20.2 5.94 4.2 0.98 24,4

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 8T VANCOUVER BC V6C 1S4

Project: V3743

I CERTIFICATE OF ANALYSIS

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MSB1

Lv Mo Nb Nd Ni Pb

ppm ppm ppm ppm ppm ppm

0.01 2 0.2 0.1 5 5

0.15 4 3.6 8.9 5150 22 0.24 22 6.4 12.5 6390 7 0.21 35 4.9 11.6 3880 19 0.18 36 2.8 9.6 2790 20 0.19 27 4.3 15.0 3940 19

0.22 32 4.1 13.3 2890 22 0.22 55 4.8 12.6 1640 14 0.31 41 7.9 17.2 3490 20 0.25 5 5.8 12.9 800 6 0.39 20 10.3 23.3 673 6

0.05 <2 0.3 1.6 8 <5 0.42 19 12.9 26.0 546 49 0.31 24 8,6 18.8 562 7 0.27 29 7.4 16.3 815 8 0.27 33 6.0 14.6 1300 14

0.15 4 3.5 8.5 4940 23 0.23 28 8.0 16.1 2150 29 0.25 27 7.0 14.1 1730 26 0.22 26 5.2 10,1 1700 28 0.23 15 5.6 10.7 3390 48

0.24 14 5.8 11.1 3140 22 0.28 <2 6.6 13.2 334 <5 0.34 <2 7.7 15.3 2n <5 0.31 <2 7.5 14.9 246 <5 0.37 2 9.4 18.9 170 7

0.05 <2 0.5 1.8 5 <5 0.27 <2 6.2 11.7 228 <5 0.42 <2 10.2 19.8 200 <5 0.34 <2 8.0 15.5 266 <S 0.65 2 15.4 35.8 223 <5

0.15 3 3.7 9.3 5140 23 0.18 <2 4.1 8.3 515 <5 0.21 3 4.7 10.3 892 8 0.33 <2 8.5 16.5 300 5 0.30 3 11.2 23.3 335 7

0.33 2 11.4 24.0 247 6 0.43 15 11.0 29.9 93 17 0,35 <2 9.7 26.2 68 12 0.38 <2 10.8 28.9 75 10 0.38 <2 9.8 26,6 81 18

Page: 4 - B Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

TB07124103

ME-MS81 ME-MS81 ME-MS81

Pr Rb Sm

ppm ppm ppm

0.03 0.2 0.03

1,97 14.2 2,33 2.88 20.9 3.04 2.62 9.5 2.90 2.25 14.4 2.30 3.87 27.7 2.93

3.22 17.1 2.74 2.96 19.6 2.80 4.19 23.2 3.97 3.00 25.0 3.02 5.61 49.6 5.13

0.40 0.4 0.35 6.26 78.5 5.99 4.59 75.2 4.30 4.08 42,8 3.78 3.49 38.0 3.47

1.92 13.8 2.19 4.08 36.5 3,86 3.43 24.8 3.06 2.30 19.3 2.50 2.42 7.3 2.70

2.46 5.9 2.61 2.98 25.4 3.30 3.43 8.1 3.73 3.25 9.1 3.58 4.62 48.6 4.28

0.50 1,2 0.39 2.62 7,1 2,88 4.44 12.0 4.82 3.53 11.3 3.90 8.10 18.7 8.46

2.06 13.9 2.28 1.87 16.3 2.13 2,37 25.8 2.43 3.72 21.7 4.01 5.88 120.5 4.59

6.23 132.5 4.80 8.31 209 5.n 7.00 141.5 5,03 7.90 170.0 5.35 6.78 86,8 5.82

Page 31: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011080 40011081 40011082 40011083 40011084

40011085 40011086 40011087 40011088 40011089

40011090 40011091 40011092 40011093 40011094

40011095 40011096 40011097 40011098 40011099

40011100 40011101 40011102 40011103 40011104

40011105 40011106 40011107 40011108 40011109

40011110 40011111 40011112 /

40011113 40011114

40011115 40011116 40011117 40011118 40011119

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7 J 2C1 Phone: 604984 0221 Fax: 604 984 0218 www.alschemex.com

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Sn Sr Ta Tb Th Tl

ppm ppm ppm ppm ppm ppm

1 0.1 0.1 0.01 0.05 0,5

2 91.2 0.3 0.43 1.05 <0.5 4 122.5 0.5 0,53 1.24 1.1 4 32.8 0.6 0.45 1.19 2.2 3 68.2 0.5 0.33 1.47 3.5 3 143.0 0.6 0.43 5.56 2.0

3 142.5 0.6 0.43 3.24 2.1 2 142.0 0.7 0.41 2.21 1.1 2 177,0 0,8 0.67 2.64 0.8 1 284 0.5 0.54 1.69 <0.5 1 217 1.0 0.83 4.05 <0.5

<1 3.0 0.1 0.06 0.42 <0.5 2 211 1,2 0.96 4.43 <0.5 2 232 0.9 0.68 3.17 <0.5 2 167.0 0.8 0.59 2.78 <0.5 2 160.0 0.7 0.59 1.64 0.5

2 84.4 0.3 0.41 1.01 <0.5 3 231 0.8 0.61 2.11 <0.5 2 267 0.7 0.54 1.43 <0.5 3 160.0 0.4 0.46 0.55 <0.5 4 83.9 0.4 0.49 0.58 <0.5

5 80.2 0.4 0.51 0.59 <0.5 2 334 0.5 0.59 0.72 <0.5 1 276 0.6 0.69 0.85 <0.5 1 274 0.6 0.64 0.79 <0.5 1 233 0,7 0.73 3,32 <0.5

<1 7.2 0.1 0.08 0.39 <0.5 1 251 0.5 0.54 0.65 <0.5 1 274 0.7 0,91 1.20 <0.5 1 289 0.6 0.73 0.89 <0.5 2 283 1.0 1.51 1.93 <0.5

2 91.8 0,3 0041 1.02 <0.5 1 338 0.3 0,38 0.46 <0.5 1 319 0.4 0.44 0.94 <0.5 1 322 0.6 0.72 1.02 <0.5 1 278 0.9 0.61 4.80 0.6

1 265 0.9 0.63 5.42 0.5 2 143.5 0.9 0.79 9.00 0.8 2 156.0 0.8 0.68 7.69 0.5 1 153.0 0.8 0.68 8.61 0.5 1 183.5 0.8 0.89 5.58 <0.5

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER Be V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME-MS81 ME-MS81 ME-MSB1 ME-MS81 ME-MS81 ME-MSB1

Tm U V W V Vb

ppm ppm ppm ppm ppm ppm

0.01 0.05 5 1 0.5 0.03

0.17 0.45 148 2 11.5 1,05 0.25 0.72 173 2 16.2 1.69 0.21 0.80 169 1 15.2 1.56 0.18 1.01 106 1 11.5 1.11 0.19 1.35 130 2 12.9 1.41

0.21 1.14 130 6 13.8 1.51 0.21 1.65 133 6 13.4 1.37 0.32 1.19 183 5 20.1 1.90 0.26 1.03 193 1 15.6 1.69 0.38 3.24 162 7 25.0 2.64

0.04 0.37 <5 1 2.6 0.35 0.45 3.15 211 12 28.5 3.18 0.33 2.21 196 10 20.3 2.16 0.28 1.82 188 7 17.9 1.90 0.29 0.89 217 7 17.2 1.91

0.17 0.41 138 4 11.0 1.02 0.26 0.64 201 7 16.9 1.73 0.23 0.41 140 4 16.1 1.83 0.22 0.14 200 1 13.8 1.43 0.25 0.13 204 1 15.0 1.59

0.25 0.14 223 2 15.3 1.56 0.30 0.18 221 2 18.4 1.91 0.35 0.20 249 2 21.3 2.26 0.31 0.20 229 2 20.0 2.00 0,37 1.39 196 1 21.4 2.37

0,04 0.25 5 3 2.6 0,30 0.28 0.17 212 1 16.6 1.80 0.45 0.29 300 3 26.9 2.88 0.35 0.21 243 1 21.6 2.24 0.70 0.49 198 3 44.4 4.38

0.17 0.41 152 1 11.8 1.11 0.20 0.12 141 2 11.6 1.23 0.21 0.38 184 1 13.5 1.43 0.35 0.27 247 1 21.9 2.29 0.32 2.23 207 3 17.6 2.03

0.32 2.48 220 3 18.7 2.14 0.43 7.48 152 3 24.0 2.83 0.32 3.11 111 3 19.1 2.23 0.37 3.52 128 2 20.0 2.46 DAD 2.18 179 1 25.4 2.71

Page: 4 - C Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

TB07124103

ME-MS81 ME-MSB1 S-IROe Zn Zr S

ppm ppm %

5 2 0.01

159 60 2.77 139 88 6.28 159 74 8.04 190 53 10.80 180 73 8.31

203 66 9.22 168 68 8.49 184 110 6,32 109 86 1.19 115 151 3.01

8 104 0.01 261 176 2.69 69 114 3.48 110 101 5.01 137 97 5.91

156 56 2.73 157 125 5.29 127 118 4.97 136 67 5.27 460 71 4.98

596 71 4.14 145 90 0.15 143 103 0.10 126 99 0.05 92 126 0.04

9 57 0.01 128 80 0.04 137 133 0.05 123 104 0.11 172 204 0.16

158 59 2.58 97 54 0.06 111 64 0040 130 108 0.17 91 104 0.22

99 113 0.15 113 155 0.27 93 165 0.02 82 163 0.02

181 156 0.15

Page 32: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011120 40011121 40011122 40011123 40011124

40011125 40011126 40011127 40011128 40011129

40011130 40011131 40011132 40011133 40011134

40011135 40011136 40011137 40011138 40011139

40011140 40011141 40011142 40011143 40011144

I

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY AlS Canada ltd.

212 Brooksbank Avenue North Vancouver Be VlJ 2C1 Phone: 604984 0221 Fax: 604 9840218 www.aJschemex.com

WEI-21 CRU-QC PUL-QC PGM·ICP23 PGM-ICP23 PGM-ICP23

RecvdWt. Pass2mm Pass75um Au PI Pd

kg % % ppm ppm ppm

0.02 0.01 0.01 0.001 0.005 0.001

0.62 <0.001 <0.005 <0.001 2.85 0.002 0.006 0.006 3.26 0.003 0.010 0.008 2.10 0.004 0.008 0.008 3.47 0.002 0.006 0.007

0.12 0.056 0.078 0.052 3.76 0.002 0.008 0.007 3.66 0.005 0.011 0.008 3.30 0.002 0.009 0.008 1.42 0.002 0.010 0.009

1.37 0.001 0.005 0.004 3.32 <0.001 <0.005 0.001 3.35 <0.001 <0.005 0.001 0.66 <0.001 <0.005 <0.001 1.25 <0.001 <0.005 <0.001

3.68 0.001 0.006 0.006 1.47 0.001 0.008 0.004 0.13 0.053 0.084 0.052 3.26 0.001 0.006 0.006 3.33 <0.001 0.005 0.003

0.71 <0.001 <0.005 0.001 0.85 0.002 0.005 0.002 2.89 <0.001 0.005 0.001 1.64 <0.001 <0.005 <0.001 3.34 <0.001 <0.005 <0.001

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE 5T VANCOUVER BC V6C 154

Project: V3743

I CERTIFICA TE OF ANALYSIS

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ag Ba Ce Co Cr Cs

ppm ppm ppm ppm ppm ppm

1 0.5 0.5 0.5 10 0.01

<1 16.2 3.3 1.9 10 0.10 <1 293 30.7 41.1 170 1.89 <1 267 34.6 51.1 150 1.88 <1 299 33.7 51.2 150 2.34 <1 324 31.2 49.1 140 1.90

1 64.6 13.6 205 2440 2.41 <1 197.5 31.1 56,4 210 1.91 <1 239 33.9 55.5 150 2.50 <1 613 34.2 54.3 160 2.72 <1 920 43.4 52.1 170 3.31

<1 915 41.7 46.7 150 3.60 <1 629 65.8 20.9 190 6.40 <1 762 68.8 23.9 200 6.39 <1 3.0 2.3 <0.5 <10 0.02 <1 388 43.1 26,2 130 1.69

<1 220 38.4 54.4 90 2.97 <1 417 44.8 52.4 80 2.29 1 64.0 14.0 219 2460 2.66

<1 209 36.0 56.5 100 3.26 <1 221 33.3 58.7 90 2.26

<1 362 43.1 41.2 140 5.32 <1 478 47.5 34.2 160 5.89 <1 685 67.6 22.3 200 6.86 <1 504 132.0 27.7 50 2.39 <1 548 117.5 24.7 70 2.70

Page: 5-A Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

TB07124103

ME-MS81 ME-MS81 ME-MS81

Cu Dy Er

ppm ppm ppm

5 0.05 0.03

15 0.49 0.30 143 3.88 2.22 191 5.27 3.13 199 5.69 3.19 191 5.37 2.93

3190 2.28 1.21 272 5.07 2.89 196 5.64 3.34 223 5.79 3.28 221 5.32 3.26

192 4.78 2.88 48 4.27 2.55 58 4.68 2.81 <5 0.36 0.25

109 3.70 2.22

233 5.53 3.05 205 5.79 3.35

3090 2.37 1.30 315 5.48 3.12 227 5.04 2.88

142 4.30 2.56 106 4.29 2.54 48 4.79 2.83 27 7.70 3.95 36 6.98 3.68

Page 33: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011120 40011121 40011122 40011123 40011124

40011125 40011126 40011127 40011128 40011129

40011130 40011131 40011132 40011133 40011134

40011135 40011136 40011137 40011138 40011139

40011140 40011141 40011142 40011143 40011144

I

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7J 2C1 Phone: 6049840221 Fax: 6049840218 www.alschemex.com

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Eu Ga Gd Hf Ho La

ppm ppm ppm ppm ppm ppm

0.03 0.1 0.05 0.2 0.01 0.5

0.11 0.7 0.47 1.8 0.10 1.6 1.30 18.2 4.14 3.0 0.77 14.2 1.66 21.5 5.44 3.9 1.08 15.1 1.65 21.7 5.60 3.9 1.07 15.1 1.61 20.9 5.25 3.7 1.03 13.9

0.73 10.2 2.41 1.5 0.45 5.9 1.53 20.3 5.12 3.7 1.02 13.7 1.60 22.5 5.61 4.0 1.08 15.1 1.82 21.8 5.87 4.1 1.12 15.1 1.63 21.1 5.79 4.3 1.12 20.1

1.52 21.3 5.24 3.9 1.02 20.3 1.31 22.2 5.79 4.6 0.83 33.0 1045 25.1 6.00 4.5 0.95 35.3 0.07 0.5 0.37 1.6 0.08 1.2 1.36 16.5 4.50 3.7 0.76 20.6

1.82 21.4 5.73 4.1 1.12 17.3 1.93 22.8 6.24 4.8 1.19 20.9 0.77 10.3 2.60 1.8 0.45 6.3 2.05 21.2 5.79 4.4 1.08 16.4 1.57 21.1 5.27 3.7 1.00 15.2

1.44 22.1 4.96 3.7 0.91 20.8 1.38 21.0 5.07 4.2 0.B7 22.7 1.56 23.6 6.21 4.4 0.97 35.2 3.34 26.1 12.10 8.9 1.45 64.0 3.08 25.5 10.90 8.0 1.31 55.7

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER Be V6C 154

Project: V3743

Page: 5 - B Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

CERTIFICATE OF ANALYSIS TB07124103

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MSB1 ME-MS81 ME-MSB1 ME-MS81 ME-MS81

Lu Mo Nb Nd Ni Pb Pr Rb Sm

ppm ppm ppm ppm ppm ppm ppm ppm ppm

0.01 2 0.2 0.1 5 5 0.03 0.2 0.03

0.05 <2 0.5 2.0 11 <5 0.51 1.7 0.41 0.33 <2 7.4 17.0 89 7 4.21 32.0 3.89 0.44 <2 9.4 20.8 96 5 4.77 24.2 4.96 0.44 <2 9.8 20.7 94 <5 4.79 27,6 5.16 0.41 <2 9.0 19.0 91 <5 4.37 27.8 4.73

0.15 3 3.5 8.6 4860 23 1.94 13.6 2.29 0.41 <2 9.1 19.2 228 <5 4.40 21.7 4.71 0.45 <2 9.6 20.8 122 <5 4.75 25.7 4.78 0.47 <2 9.8 20.8 103 <5 4.78 57.0 5.00 0.42 3 10.6 21.9 108 9 5.62 114.0 5.17

0040 3 9.9 21.3 99 8 5.49 131.0 4.95 0.38 <2 11.3 29.6 77 11 8.10 161.5 5.48 0.42 3 12.1 30.7 89 15 8.50 178.5 5.88 0.04 <2 0.3 1.3 <5 <5 0.35 0.3 0.30 0.31 <2 8.4 19.8 68 28 5.25 58.4 4.01

0.40 <2 10.1 21.0 119 6 5.08 24.3 5.03 0.49 <2 12.5 24.2 83 7 6.00 44.6 5.63 0.14 4 3.6 8.6 5090 22 1.88 14.2 2.20 0.43 <2 10.1 20.6 182 5 4.69 39.2 4.95 0.38 <2 9.3 18.9 124 16 4.25 41.7 4.48

0.38 <2 9.8 21.1 94 10 5.60 82.7 4.53 0.37 <2 10.3 21.7 90 14 5.87 108.5 4.66 DAD <2 11.9 31.4 83 18 8.70 170.5 6.09 0.45 2 39.8 63.9 22 21 17.05 5104 12.60 0.42 2 34.3 55.3 32 37 14.50 80.2 10.70

'-

Page 34: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011120 40011121 40011122 40011123 40011124

40011125 40011126 40011127 40011128 40011129

40011130 40011131 40011132 40011133 40011134

40011135 40011136 40011137 40011138 40011139

40011140 40011141 40011142 40011143 40011144

/

ALS Chemex EXCELLENCE IN ANAL YTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7J 2C1 Phone: 6049840221 Fax: 604 9840218 www.alschemex.com

ME-MSB1 ME-MSB1 ME-MSB1 ME-MS81 ME-MSB1 ME-MSB1

Sn Sr Ta Tb Th TI

ppm ppm ppm ppm ppm ppm

1 0.1 0.1 0.01 0.05 0.5

<1 7.9 0.1 0.07 0.39 <0.5 1 218 0.6 0.64 2.46 <0.5 1 239 0.7 0.87 1.94 <0.5 1 240 0.7 0.90 1.88 <0.5 1 240 0.7 0.87 1.77 <0.5

2 87.1 0.3 0.40 0.99 <0.5 1 265 0.7 0.82 1.65 <0.5 1 313 0.7 0.90 1.69 <0.5 1 277 0.7 0.92 1.91 <0.5 1 220 0.7 0.96 3.80 0.7

1 201 0.7 0.86 3.87 0.7 2 119.5 0.8 0.82 9.22 0.6 2 146.0 0.8 0.88 9.71 0.7

<1 2.0 <0.1 0.06 0.32 <0.5 1 177.5 0.6 0.67 5.31 <0.5

1 264 0.7 0.94 2.45 <0.5 2 247 0.8 1.06 2.92 <0.5 2 90.8 0.3 0.41 1.03 <0.5 1 261 0.7 0.91 2.11 <0.5 1 274 0.7 0.82 2.00 <0.5

1 226 0.6 0.80 4.79 <0.5 1 201 0.7 0.80 6.23 <0.5 2 150.5 0.8 0.91 9.31 <0.5 2 395 2.5 1.63 8.26 <0.5 3 319 2.2 1.50 8.29 <0.5

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER BC V6C 154

Project: V3743

Page: 5 - C Total # Pages: 5 (A - C)

Finalized Date: 19-JAN-2008 Account: KAV

CERTIFICATE OF ANALYSIS TB07124103

ME-MSB1 ME-MS81 ME-MS81 ME-MSB1 ME-MS81 ME-MS81 ME-MS81 ME-MSB1 S-IROB

Tm U V W Y Yb Zn Zr S ppm ppm ppm ppm ppm ppm ppm ppm %

0.01 0.05 5 1 0.5 0.03 5 2 0.01

0.04 0.26 5 1 2.6 0.33 17 67 0.01 0.33 0.95 215 1 20.2 2.15 121 117 0.08 0.45 1.32 275 1 27.3 2.84 134 146 0.11 0.46 0.55 290 1 27.9 3.04 138 151 0.10 0.43 0.49 270 2 26.1 2.79 132 141 0.08

0.17 0.40 144 <1 11.2 1.07 148 56 2.63 0.43 0.45 279 2 25.8 2.73 132 137 0.05 0.47 0048 287 <1 28.6 3.11 143 153 0.08 0.49 0.56 303 2 28.1 3.03 137 151 0.14 0.45 1.99 281 3 27.5 2.86 145 164 0.13

0,41 1.93 257 2 25.1 2.58 146 147 0.14 0.38 3.68 135 3 21.8 2.55 108 170 0.01 0.41 4.24 155 3 24.3 2.81 147 156 0.02 0.04 0.23 <5 1 2.2 0.28 <5 62 0.01 0.31 1.78 142 2 19.5 2.00 97 145 0.31

0.45 0.71 247 1 26.9 2.76 141 160 0.13 0.48 0.82 282 2 29.4 3.14 156 196 0.15 0.16 0.38 154 50 11.9 1.04 169 68 2.60 0.43 0.59 273 6 28.5 2.83 152 165 0.10 0.39 0.61 261 53 26.6 2.54 187 144 0.13

0.37 1.77 225 2 22.3 2.42 135 135 0.04 0.37 2.41 196 2 21.6 2.54 125 149 0.04 0.40 3.65 143 3 24.2 2.64 132 163 0.02 0.50 2.28 132 2 36.4 3.22 176 352 0.07 0.47 2.55 130 3 32.2 2.94 207 314 0.10

Page 35: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

ALS Chernex To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST

Page: 1 Finalized Date: 29-NOV-2007

Account: KAV VANCOUVER Be V6C 154 EXCELLENCE IN ANALYTICAL CHEMISTRY ALS Canada Ltd.

Project: V3743

P.O. No.: E40353

212 Brooksbank Avenue North Vancouver BC V7J 2C1 Phone: 604 9840221 Fax: 6049840218 www.alschemex.com

CERTIFICATE TB07124102

This report is for 15 Drill Core samples submitted to our Jab in Thunder Bay, ON, Canada on 24-0CT ·2007. .

The following have access to data associated with this certificate: PETER ANDEXER I JUSTIN LABERGE I BEN PEZARO

To: KENNECOTT CANADA EXPLORATION INC. ATTN: JUSTIN LABERGE 354-200 GRANVILLE 8T VANCOUVER Be V6C 154

ALS CODE

WEI-21

LOG-22 CRU-31 SPL-21

PUL-31 PUL-QC

ALS CODE

PGM-ICP23

ME-MS81

S-IR08 ME-XRF06

OA-GRA06

This is the Final Report and supersedes any preliminary report with this certificate number. Results apply to samples as submitted. All pages of this report have been checked and approved for release.

SAMPLE PREPARATION DESCRIPTION

Received Sample Weight Sample login - Rcd wlo BarCode

Fine crushing -70% <2mm

Split sample· riffle splitter

Pulverize split to 85% <75 urn

Pulverizing QC Test

ANAL YTICAL PROCEDURES DESCRIPTION INSTRUMENT

pt, Pd, Au 309 FA ICP ICP-AES 38 element fusion ICP-MS ICP-MS Total Sulphur (Leco) LECO Whole Rock Package - XRF XRF LOI for ME-XRF06 WST-SIM

Signature: ~ ___ C/~

Lawrence Ng, Laboratory Manager - Vancouver

Page 36: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011132 40011133 40011139 40011141 40011150

40011151 40011152 40011153 40011154 40011155

40011156 40011157 40011158 40011159 40011160

/

ALS Chemex EXCELLENCE IN ANALYTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7 J 2C1 Phone: 604 984 0221 Fax: 6049840218 www.alschemex.com

WEJ·21 PUL-QC PGM·ICP23 PGM·ICP23 PGM-!CP23 ME-MS81

RecvdWI. Pass75um Au Pt Pd Ag

kg % ppm ppm ppm ppm

0.02 0.01 0,001 0.005 0.001 1

0.36 92.2 0.006 0.006 0.012 <1 0.34 0.004 <0.005 0.008 <1 0.32 0.004 <0.005 0.007 <1 0.34 0.005 <0.005 0.008 <1 0.26 0.048 0.055 0.300 2

0.28 0.053 0.077 0.393 2 0.23 0.003 <0.005 0.005 <1 0.23 0.025 0.036 0.169 1 0.28 0.001 0.006 0.006 <1 0.24 <0.001 0.008 0.007 <1

0.29 0.146 0.242 1.155 5 0.30 0.238 0.392 1.665 6 0.34 0.009 0.013 0.109 <1 0.36 0.026 0.042 0.164 1 0.31 0.001 0.005 0.006 <1

Comments: MEXRF06: Samples with low total were rechecked and the low totals were confirmed.

To: KENNECOTT CANADA EXPLORATION INC. 354·200 GRANVILLE 5T VANCOUVER BC V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME·MS81 ME·MS81 ME-MS81 ME-MS81 ME-MS81 ME·MS81

Ba Ce Co Cr Cs Cu

ppm ppm ppm ppm ppm ppm

0.5 0.5 0.5 10 0.01 5

189.0 31.5 56.4 150 1.86 204 277 31.1 59.8 170 3.35 252 315 39.2 59.7 120 3.12 233 208 37.0 59.3 100 4.54 228 410 33.9 366 240 3.35 5440

283 42.1 511 210 6.62 7670 595 11.8 65,9 120 4.07 97

199.0 39.8 293 200 5.33 2550 103.5 17.3 70.0 270 1.08 194 185.0 13.1 62.8 200 2.09 93

30.0 15.9 544 90 0.18 >10000 81.3 19.4 625 140 3.03 >10000 308 47.2 166.5 180 1.04 1330

106.5 22.4 331 130 2.74 3530 109.0 19.5 73.3 190 0.69 204

Page: 2-A Total # Pages: 2 (A - D)

Finalized Date: 29-NOV·2007 Account: KAV

TB07124102

ME-MS81 ME-MS81 ME-MS81

Dy Er Eu

ppm ppm ppm

0.05 0.03 0.03

5.33 3.04 1.63 5.34 2.98 1.70 5,85 3,30 1.92 5.64 3.17 1.82 2.84 1.68 0.93

3.20 1.90 0.95 1.99 1.16 0.78 4.85 2.88 1.24 3.47 1.92 1.21 2.09 1.18 0.92

2.44 1.42 0.77 2.97 1.66 0.89 5.47 3.20 1.30 3.02 1.78 1.28 3.58 2.02 1.28

Page 37: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011132 40011133 40011139 40011141 40011150

40011151 40011152 40011153 40011154 40011155

40011156 40011157 40011158 40011159 40011160

/

ALS Chernex EXCELLENCE IN ANAL YT/CAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7J 2C1 Phone: 604 984 0221 Fax: 604 984 0218 www.alschemex.com

ME-MSB1 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81

Ga Gd Hf Ho La Lu

ppm ppm ppm ppm ppm ppm

0.1 0.05 0.2 0.01 0.5 0.01

22.1 5.49 4.0 1.06 13.9 0040 23.1 5.46 3.9 1.05 13.9 OAO 24.5 6.16 4,5 1.16 17.1 0.44 23.8 5.96 4.3 1,08 16,5 0.42 17.4 3.48 2.8 0.56 15.9 0.23

15.1 4.04 3.3 0.62 20.3 0.25 16.0 2.07 1.5 0.40 4.8 0.16 18.2 5.42 3.8 0.96 17.8 0.38 21.3 3.41 2.3 0.68 7.4 0.24 15.9 2.15 1.4 0.42 5.6 0.16

10.4 2.50 1.8 0.50 6.5 0.19 12.2 3,06 2.3 0.59 8.9 0.21 18.5 6.16 4.9 1.05 22,3 0.41 16.4 3.24 2.5 0.62 10.1 0.23 20.7 3.69 2.4 0.72 8.3 0.27

Comments: MEXRF06: Samples with low total were rechecked and the low totals were confirmed.

To: KENNECOTT CANADA EXPLORATION INC. 354·200 GRANVILLE ST VANCOUVER BC V6C 154

Project: V3743

I CERTIFICATE OF ANALYSIS

ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME-MS81 ME·MS81

Mo Nb Nd Ni Pb Pr

ppm ppm ppm ppm ppm ppm

2 0.2 0.1 5 5 0.03

<2 9.6 18.3 111 5 4.11 <2 9.4 18.4 135 7 4.13 <2 11.5 22.2 106 <5 5.03 <2 10.9 21.1 111 8 4.89 24 6.8 16.6 2910 8 4.19

39 6.5 19.9 3460 27 5.11 <2 3.8 7.3 306 <5 1.62 22 10.8 22.0 1430 <5 5.23 <2 6.1 11.0 189 <5 2.35 <2 3.7 7.5 262 71 1.70

35 3,0 9,3 3230 24 2.14 16 3.3 11.1 4040 18 2.57 18 11.2 25.6 481 <5 6.03 25 6.6 12.5 1550 13 2.93 <2 6.5 11.9 265 <5 2.59

Page: 2· B Total # Pages: 2 (A· D)

Finalized Date: 29·NOV·2007 Account: KAV

TB07124102

ME-MS81 ME-MS81 ME-MS81

Rb Sm Sn

ppm ppm ppm

0.2 0.03 1

21.1 4.55 1 34.0 4.53 1 32.9 5.41 1 34.3 4,93 1 79.3 3.32 2

64.4 3.90 2 44.1 1.78 1 40.0 4.86 1 6.3 2.85 1 22.4 1.85 1

10.2 2.27 2 8.7 2.55 3

59.9 5.59 1 18.6 3.01 2 6.4 3.05 1

Page 38: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte Units

Sample Description LOR

40011132 40011133 40011139 40011141 40011150

40011151 40011152 40011153 40011154 40011155

40011156 40011157 40011158 40011159 40011160

I

ALS Chernex EXCELLENCE IN ANALYTICAL CHEMISTRY ALS Canada Ltd.

212 Brooksbank Avenue North Vancouver BC V7 J 2C1 Phone: 604 984 0221 Fax: 604 984 0218 www.alschemex.com

ME-MS81 ME·MS81 ME·MS81 ME·MSB1 ME-MSB1 ME-MS81

Sr Ta Tb Th TI Tm

ppm ppm ppm ppm ppm ppm

0.1 0.1 0.01 0.05 0.5 0.01

287 0.6 0.89 1.75 <0.5 0.42 363 0.6 0.89 1.75 <0.5 0.42 282 0.7 1.00 2.28 <0.5 0.48 266 0.7 0.96 2.26 <O.S 0.44

191.5 0.4 0.49 3.79 2.1 0.24

126,0 0.4 0.59 4.37 2.6 0.26 276 0.4 0.35 0.45 <0.5 0.17

180,0 0.7 0.85 3.69 <0.5 0.36 283 0.4 0.57 0.63 <0.5 0.28 293 0.2 0.35 0.62 <0.5 0.17

27.2 0.2 0.41 1.02 2.6 0.21 135,0 0.1 0.51 1.41 2.5 0.24 147.5 0.7 0,99 4.10 <O.S 0.45 260 0.3 0.53 1.34 <0.5 0.24 282 0.4 0,62 0,71 <0.5 0.28

Comments: MEXRF06: Samples with low total were rechecked and the low totals were confirmed.

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER BC V6C 154

Project: V3743

Page: 2 .. C Total # Pages: 2 (A - D)

Finalized Date: 29 .. NOV-2007 Account: KAV

CERTIFICATE OF ANALYSIS TB07124102

ME·MS81 ME·MS81 ME-MS81 ME-MS81 ME·MSB1 ME·MS81 ME·MS81 S·IROB ME-XRF06

U V W Y Yb Zn Zr S Si02

ppm ppm ppm ppm ppm ppm ppm % %

0.05 5 1 0.5 0.03 5 2 0.01 0.01

0.49 299 5 27.2 2.74 146 142 0.05 49.24 0.50 306 2 27.7 2.78 149 139 0.09 49.04 0.67 312 3 30.6 3.04 161 167 0.09 49.18 0.69 289 2 28.5 2.86 157 155 0.07 53.13 2.11 163 10 14.9 1.61 146 107 3.95 46.07

2.51 128 3 16.3 1.74 145 119 7.27 42.48 0.12 112 2 10.3 1.04 83 47 0.07 44.51 1.97 192 12 25.3 2.47 136 136 3.55 44.50 0.15 261 4 17.5 1.72 124 80 0.05 47.47 0.23 135 1 10.6 1.03 260 48 0.05 45.09

0.75 141 4 12.9 1,34 188 70 9.96 31.76 1.07 144 2 15,5 1.52 233 81 10.45 29.34 3.07 203 3 28.5 2.93 138 168 2.83 38.30 0.40 151 2 15.7 1.57 121 95 5.14 39.38 0,17 225 2 18.1 1.83 123 82 0.06 46.57

Page 39: ASSESSMENT REPORT ON 2007 DIAMOND DRILLING ARROW PROJECT … · Kennecott Canada Exploration Inc., 354- 200 Granville St., Vancouver, British Columbia, V6C 1S4 ASSESSMENT REPORT ON

Method Analyte

Units Sample Description LOR

40011132 40011133 40011139 40011141 40011150

40011151 40011152 40011153 40011154 40011155

40011156 40011157 40011158 40011159 40011160

J

ALS Chemex EXCELLENCE IN ANALYTICAL CHEMISTRY AlS Canada Ltd.

212 Brooksbank Avenue North Vancouver Be V7 J 2C1 Phone: 604984 0221 Fax: 6049840218 www.alschemex.com

ME·XRF06 ME·XRF06 ME·XRF06 ME·XRF06 ME-XRF06 ME-XRF06

A1203 Fe203 CaO MgO Na20 1(20

% % CI/~ 0/0 % %

0.01 0.01 0.01 0.01 0.01 0.01

15.01 14.04 9.04 6.26 2.67 0.80 15.18 13.84 8.82 6.36 2.61 0.94 14.85 14.39 8.58 5.32 2.67 0.94 14.14 12.79 7.90 4.87 2.63 0.94 12.89 18.75 1.18 4.62 1.91 2.23

11.58 23.32 2.70 2.74 1.68 1.53 17.33 10.67 8.23 10.06 1.87 1.07 11.39 19.44 6.61 4.04 1.99 0.97 16.06 13.39 10.36 7.92 2.61 0.32 16.01 12.65 7.19 10.31 2.39 0.54

9.22 30.51 4.19 4.46 2.25 0.45 9.14 30.98 5.07 3.97 1.23 0.27 10.96 16.05 3.74 3.89 2.95 1.87 12.93 21.48 6.47 5.58 2.15 0.47 16.87 13.18 10.18 B.69 2.42 0.33

Comments: MEXRF06: Samples with low total were rechecked and the low totals were confirmed.

To: KENNECOTT CANADA EXPLORATION INC. 354-200 GRANVILLE ST VANCOUVER BC V6C 1S4

Project: V3743

I CERTIFICATE OF ANALYSIS

ME·XRF06 ME·XRF06 ME-XRF06 ME·XRF06 ME-XRF06 ME-XRF06

Cr203 Ti02 MnO P205 SrO 8aO '})o % "/0 % % %

0.Q1 0.01 0.01 0.001 0.01 0.01

0.02 2.02 0.19 0.204 0.03 0.03 0.02 1.95 0.20 0.206 0.04 0.04 0.01 2.09 0.20 0.226 0.03 0.04 0.01 1.71 0.18 0.186 0.03 0.04 0.03 0.76 0.09 0.089 0.02 0.05

0.03 0.86 0.09 0.111 0.02 0.04 0.02 0.86 0.17 0.091 0.03 0.03 0.02 1.68 0.15 0.185 0.02 0.03 0.03 1.43 0.18 0.128 0.03 0.02 0.03 0.87 0.23 0.085 0.04 0.03

0.02 1.01 0.13 0.107 <0.01 0.01 0.02 0.93 0.12 0.103 0.02 0.02 0.03 1.66 0.12 0.199 0.02 0.04 0.01 1.03 0.12 0.098 0.03 0.01 0.02 1.44 0.18 0.140 0.03 0.02

Page: 2 - D Total # Pages: 2 (A - D)

Finalized Date: 29-NOV-2007 Account: KAV

TB07124102

ME-XRF06 ME·XRF06

LOI Tota! Q' ,. ~~

0.01 0.Q1

0.10 99.65 0.65 99.89 1.13 99.67 1.09 99.64 9.92 98.61

11.35 98.52 4.44 99.37 8.19 99.22

-0.28 99.66 4.36 99.82

11.75 95.87 13.25 94.45 18.80 98.63 8.42 98.18

-0.24 99.83