FIRST YEAR ASSESSMENT REPORT

of

Prospectingand

Geophysics

on

LICENSE 13093M

Chamber Cove Property

St. Lawrence, Newfoundland and Labrador

NTS 13I/01

Submitted by

(License Holder)

JASON WHITE

Work Conducted: August 2007Total Expenditures: $1242.00Total Claims: 2Date: June 17th, 2008

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TABLE OF CONTENTS

1. INTRODUCTION 32. PROPERTY LOCATION AND ACCESS 33. CLAIM STATUS 34. PREVIOUS WORK 35. REGIONAL AND LOCAL GEOLOGY 76. EXPLORATION PROGRAM 2007 97. CONCLUSIONS 98. RECOMMENDATIONS 9

APPENDICES

APPENDIX I LIST OF EXPENDITURES 10APPENDIX II LIST OF PERSONAL 10APPENDIX III REFERENCES 11

LIST OF FIGURES

FIGURE 1. AREA LOCATION MAP 4FIGURE 2. CLAIM LOCATION MAP 5FIGURE 3. MINERAL OCCURRENCE LOCATIONS 6

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1. INTRODUCTION

Mineral License 13093M was staked in the area of Chamber Cove on a number of mineral occurrences containing fluorite, barite, zinc, copper and lead, with a noted silver assay greater than 68,000 ppm Ag. During field investigations of the property it was discovered that there is a significant amount of copper and barite in addition to this noted mineralization. In addition, the Little Salt Cove Vein strikes toward the property and is observed to be mined within 15m (+/- 5m) to the east of the license boundary.

June 21st, 2008Jason D. White

2. PROPERTY LOCATION AND ACCESS

The property is located 4.5km south west of town of St. Lawrence, and is accessible from a 1km hiking trail from the Iron Springs Mine Road. The northeast corner having the U.T.M. Coordinates of 5,193,000 N; 619,500 E of NTS 1L/14, Zone 21, NAD 27.

3. CLAIM STATUS

Mineral License 13093M was issued to Jason White in 2007.

4. PREVIOUS WORK

The details of the historical work remain somewhat ambiguous on this mineral licence, while it has been explored in the past and is in close proximity to two of the larger mines (Iron Springs and

• 1650-1750 - Spanish and/or Portuguese mined veins for lead content. • 1843 – Jukes notes occurrence of “galena and fluorite of lime” on west side of St Lawrence Hr.• 1850-1870 – Minor exploratory mining conducted by C.F. Bennett on veins containing Pb.• 1912 – Mr. Campbell, a butcher from St. John's, discovers fluorite in St. Lawrence• 1933 – 122 tons of fluorite were produced from the Little Salt Cove Vein• 1933 – 1977 – General exploration of the entire region specifically for flourite.• 1948 – Van Alstine produces geology report of area for the geological survey of Newfoundland.• 1996 – Burin Minerals explores the area, very little work done on this licence.

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Figure 3.Mineral Occurrence Locations

SCALE: 1 SQUARE = 1 KM, from map NTS 1L/14 (see figure 2.)

List of Mineral Occurrences

1. Chambers Cove No. 22. Lead Vein3. Chambers Cove Vein4. Salt Cove Valley Vein5. Little Salt Cove6. Chambers Cove No. 17. Beach Breccia Stack (from this years exploraiton)

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5. REGIONAL AND LOCAL GEOLOGY

The property covers the contact zone of the Carboniferous St. Lawrence Alaskite Granite Pluton, and the Proterozoic volcanics / sediments and Cambrian sediments of the Avalon Zone of the Appalachian Orogen (Howse, 1992).

Inlet Group, Bay View Formation:

Cambrian aged, grey / green siltstone, red micaceous sandstone and grey quartzite beds

St. Lawrence Granite:

Carboniferous aged, alkaline to peralkaline alaskitic granite, locally porphyritic.

The veins on the property are formed by fault fissures cutting both the St. Lawrence granite and the sedimentary units of the Inlet group, the veins therefore are of a latter date than both. Some authors have postulated the fluid composition of the veins is the same as the granite; a differing explanation would see the fluids from an entirely different source flooding the granites, being capped by the overlying sediments and veins forming where there had been significant faulting in both units, thus explaining the high concentration of F in the granites.

In the three mineral occurrences examined during the field visit were: the Little Salt Cove vein, Beach Breccia Stack; and the Salt Cove Valley Vein.

Little Salt Cove Vein had been backfilled, but one could see the locations of the past workings, which were at tide level, 1 to 2 m in width, and stretched inland to within 15 m of the boundary, the vein then followed in a north west direction across the property for a further few hundred meters. Location of the workings: 619,515 E, 5,192,499 N

The Second examined mineral occurrence was not noted on the MODS file, a “stack” of granite with a fluorite breccia and stockwork of veins directly on the beach of Little Salt Cove. Notable about this was the abundance of chalcocite disseminated in the granite and the malachite staining on the exposed rock. It appears exploration may have been conducted here before the major mining activities (pre 1930), as a 30 cm deep cut about a cubic meter in size was noted on the outcrop, the dimensions of which did not match the faulting and veining patterns of the granite and is was too angular (although slightly rounded time and the elements). In general the veins in the breccia / stockwork were in the range of 5 to 15 cm wide over a distance of > 10m long and 3 to 4 m across. In addition to the chalcocite / chalcopyrite in the granite, the breccia / stockwork of fluorite veins contained noteworthy galena as well as a significant amount of barite and a well formed mineral amber in colour, possibly the CdS mineral greenockite or its dimorph Hawleyite. Samples from this area have been noted to contain high silver content, though no official assay has been located to confirm the amounts. Location: 619,399 E; 5,192,313 N.

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The third location was the Salt Cove valley vein, several hundred meters up a small brook; the vein its self is not exposed, but an abundant amount of ore is seen on both sides of the valley. In this ore there is a striking amount of white to clear fluorite, possiably optical grade; banded barite with the exact same salmon colour seen in places such as Collier Point, Trinity bay; minor galena in cubes associated with the fluorite; greenockite crystals associated with the barite; and chalcodony. In general the ore is banded, with the amythyst coloured fluorite forming first, a sharp contact, then the off white chalcodony forming, a stidea is seen in the sharp contact onto which a thin 1mm band of yellow fluorite forms, which is intern covered by green fluorite having a sharp contact with a band of pink barite. In addition, there are hollows in the chalcodony from former minerals have been replaces by small growths of yellow fluorite crystals, this is also seen in the amythyst fluorite. Fluorite crystals have been observed up to 2 cm in diameter, these are generally clear with a slight coating of what has been assumed to be hematite, similar to the ore of the Iron Springs mine. Location: 619,367 E; 5,192,581 N.

Radiometric Survey:

Samples were tested in the Matty Mitchell Prospectors resource room using a Sintrex Sintillometer. A test sample of a known radioactive rock consisting of tantalite in pegmatite, sample MM-9028, was used as a control and had 3733 counts over 30 seconds.

In total 9 samples were tested 5 times, three from the Valley Vein and 6 from the Beach Breccia as follows:

SAMPLE AVERAGE COUNTS / 30 SECONDS

Valley barite and fluorite 686 countsValley Fluorite 664 countsValley Fluorite / Chalcodony 690 counts

Breccia Fluorite/Galena/Granite 722 countsBreccia Granite/Malachite/Quartz 651 countsBreccia Granite/Fluorite 640 countsBreccia Granite/Fluorite/Malachite 719 countsBreccia Granite/Fluorite (veinlets) 729 countsBreccia Granite/Fluorite/Barite 651 countsBreccia Granite/Fluorite/Malachite 752 counts

From the test we can conclude the radioactivity of the granite in direct contact with the veins is not highly radioactive. It must be noted that the granite did appear to be hydrothermally altered in this area and there exists a possibility the contact of the sedimentary formation and the granites may hold uranium mineralization.

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6. EXPLORATION PROGRAM 2007

The 2007 field season consisted of a one day exploration of the property focusing on three mineral occurrences: the Little Salt Cove vein, Salt Cove Valley Vein and the Beach Breccia stack; in addition, a radiometric survey of samples collected.

7. CONCLUSION AND RECOMMENDATIONS

The Chamber Cove property consists of a number of noteworthy mineral occurrences, which range from commercial grade barite and fluorite to the possibility of economic quantities of lead, zinc and copper with a significant silver bi-product.

Given the nature of the mineralization present, it is recommended to further prospect the property, trench noted veins such as the salt cove valley vein, assay noted mineralization and conduct an exploratory diamond drilling program.

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APPENDIX I LIST OF EXPENDITURES

Expense Amount Cost per unit Total cost Report writing 3 days $100.00 $300.00Field work 4 days $100.00 $400.00Radiometric survey 1 days $100.00 $100.00

Fuel 1 trip $200.00 $200.00Meals 4 $20 / person / day $80.00

Subtotal 1080 $1080.00Administration 15% $162.00 $162.00

Total $1242.00

APPENDIX II LIST OF PERSONAL

Name

Jason D. White 23 Emma's PlCBS, NL.

Darwin White23 Emma's PlCBS, NL

Joseph Lee 13 Albany Pl.St. John's, NL.

Norm PowerFoxtrap Access RdCBS, NL

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APPENDIX III REFERENCES

Collins, C.J.1984: Genesis of the St. Lawrence Fluorite Veins, as Indicated by Fluid Inclusion and Trace Element Data from Three Selected Veins. A Dissertation Submitted in Partial Fullfillment of the Requirements for the Degree of Bachelor of Science (Honours), Department of Earth Science, Memorial University of Newfoundland.

Davenport, P H1979: Ore-element distribution patterns in lake sediment associated with St Lawrence Granite, Newfoundland. In Prospecting in areas of glaciated terrain 1979

Farrell, H1967: Report on exploration and mining histories on property in the St Lawrence area, Newfoundland. Newfoundland Fluorspar Limited and St Lawrence Corporation of Newfoundland Limited.http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch04/001L_0084.pdf

Fitzpatrick, D J1970: Report on the geology and fluorite occurrences on Nalco lot 4 in the St Lawrence area, Newfoundland. Newfoundland and Labrador Corporation Limited.http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch02/001L_0076.pdf

Frew, A M1964: Diamond drilling data for fluorspar veins in the St Lawrence area, Newfoundland. Newfoundland Fluorspar Limited.http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch08/PDF/001L_0031.pdf

Geological Survey of Canada1971: Geological Survey of Canada, Geophysical Series Map 4534G

Hodge, B L1977: Appraisal of the Alcan production operations based on the St Lawrence fluorspar deposits, Newfoundland. Newfoundland and Labrador Geological Survey, Internal Collection, Company Report.

Howse, A1983: Fluorspar deposits of the St Lawrence area, Newfoundland: geology and economic potential. Government of Newfoundland and Labrador, Department of Mines and Energy, Mineral Development Division, Report 83-09.

Howse, C K1937: The fluorspar industry at St Lawrence, Newfoundland. Newfoundland and Labrador Geological Survey, Internal Report.

1939: Newfoundland Ships Fluorspar. Engineering and Mining Journal, vol. 140 no. 7

1951: Geology of the St Lawrence Fluorspar Deposits. Canadian Institute of Mining and Metallurgy, Transactions, volume 54, 1951, pages 295-301.

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Kauffmann, R, Jr1936: Reconnaissance of the regional and economic geology of the St Lawrence area, Newfoundland, with notes on fluorite. BA, Princeton University, Princeton, New Jersey

McClure, M E1954: Report on an em survey of known veins in the St Lawrence area, Newfoundland.Newfoundland and Labrador Corporation Limited.http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch08/PDF/001L_0018.pdf

Newfoundland Fluorspar Works1976: Diamond drilling logs and plans for holes drilled in 1976 on Meadows Wood vein and Doctors Pond area in the St Lawrence area, Newfoundland.http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch02/001L_0059.pdf

O'Brien, S J1977: The geology of the Grand Bank [1M/4] and Lamaline [1L/13] map areas, Burin Peninsula, Newfoundland. Government of Newfoundland and Labrador, Department of Mines and Energy, Mineral Development Division, Report 77-07, 1977.

Smith, W S1938: Report on St Lawrence Fluorspar. Newfoundland and Labrador Geological Survey, Internal Report.

1957: Report on Fluorspar, in the St Lawrence Area, Newfoundland. Newfoundland Fluorspar Limited.

Snelgrove, A.K.1953: Mines and Mineral Resources of Newfoundland, Information Circular No. 4. Department of Mines and Resources, Mines Branch, Geological Survey.

Strong, D F1974: Geochemistry of Eastern Newfoundland Granitoid Rocks. Province of Newfoundland and Labrador, Department of Mines and Energy, Mineral Development Division, Report 74-03.

1978: Geology of the Marystown [1M/3] and St Lawrence [1L/14] map areas, Newfoundland.Government of Newfoundland and Labrador, Department of Mines and Energy, Mineral Development Division, Report 77-08

Teng, H C1974: A lithogeochemical study of the St Lawrence Granite, Newfoundland.MSc, Memorial University of Newfoundland, St John's, Newfoundland

Tilsley, J E1972: An explanation of techniques and a discussion of fluorine geochemistry in geophysical and geochemical studies in the St Lawrence area, Newfoundland. David S Robertson and Associates Limite http://gis.geosurv.gov.nl.ca/geofilePDFS/Batch08/PDF/001L_0067.pdf

1973: Report on airborne e m and magnetic surveys of the St Lawrence claims area, Newfoundland. David S Robertson and Associates Limited, Newfoundland Fluorspar Works

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Tilsley, J E1975: Application of geophysical, geochemical and deep overburden sampling techniques to exploration for fluorspar in glaciated terrain. In Prospecting in areas of glaciated terrain 1975

Walthier, T N1948: Geology of the Lawn sulfide prospects, Burin Peninsula, Newfoundland. Newfoundland and Labrador Geological Survey, Internal Report

Williamson, D H1956: The geology of the fluorspar district of St Lawrence, Burin Peninsula, Newfoundland.Newfoundland and Labrador Geological Survey, Internal Report.

1957: St Lawrence fluorite district. In The geology of Canadian industrial mineral deposits, Sixth Commonwealth Mining and Metallurgical Congress, Canada, 1957-10-09, September 8 - October 9, 1957

Wilton, D H1976: Petrological Studies of the Southeast Part of the Burin Group, Burin Peninsula, Newfoundland. A Dissertation Submitted in Partial Fulfillment of the Requirements for the Degree of Bachelor of Science (Honours), Memorial University of Newfoundland, St John's, Newfoundland.

Wright, J A1980: Geothermal Measurements in Newfoundland. Canadian Journal of Earth Sciences, volume 17 number 10, 1980, pages 1370-1376

Van Alstine, R E1939: Summary field report, St Lawrence area, Newfoundland. Newfoundland and Labrador Geological Survey, Internal Report.

1944: The Fluorspar Deposits of St Lawrence, Newfoundland. Economic Geology, vol. 39 no. 2, 1944, pages 109-132.

1948: Geology and mineral deposits of the St Lawrence area, Burin Peninsula, Newfoundland. Newfoundland Geological Survey, Bulletin no. 23.

1976: Continental Rifts and Lineaments Associated With Major Fluorspar Districts. Economic Geology, vol. 71 no. 6, 1976, pages 977-987.

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