geological, geochemical & geophysical report on the

NTS 092H 09/E BCGS 092H.070 LAT. 49 40' 15" N

LONG. 120 10' 32" W

GEOLOGICAL, GEOCHEMICAL & GEOPHYSICAL REPORT ON THE EMPRESS MOLYBDENUM PROPERTY

For

Goldrea Resources Corp. and Nevada Clean Magnesium Inc

By

Andris Kikauka, P.Geo., 4199 Highway 101,

Powell River, BC V8A0C7

July 9,2014

G E O L O C T C A r S i m V S V ftR A N t f t ASSESSMENT REPORT

ldegroot

Text Box

BC Geological Survey Assessment Report 34817

BRITISH COLUMBIA The BtH Place on Earth

Ministry of Energy, Mines & Petroleum Resources Mining & Minerals Division Assessment Report BC Geological Survey Title Page and Summary

T Y P E O F R E P O R T [type of survey(s)]: . . T O T A L C O S T : » ~

A U T H O R ( S ) : Am^I S K\W<K^<K S I G N A T U R E ( S ) : . j^jL A~J*~^

N O T I C E O F W O R K P E R M I T N U M B E R ( S ) / D A T E ( S ) : Y E A R O F W O R K :

S T A T E M E N T O F W O R K - C A S H P A Y M E N T S E V E N T N U M B E R ( S ) / D A T E ( S ) : 5"$" / / "7 7*2,

C O M M O D I T I E S S O U G H T : M 0

M I N E R A L I N V E N T O R Y MINFILE N U M B E R ( S ) , IF K N O W N : 0^2HMfc b 4*4

MINING DIVISION: S 1 ^ , y ^ g e p N T S / B C G S . - O^XHoq E~ ? 09ZH4070

L A T I T U D E : 4 ^ ° 4 0 ' IS" " L O N G I T U D E : [ZO ° / Q g Z . " ( a t centre of work)

O W N E R ( S ) :

M A I L I N G A D D R E S S :

2A- 1 5 7 £ 2 . K a r l n ^ WLRYT Ho4c b e V4»E>

O P E R A T O R ( S ) [who paid for the work]:

1 ) S C L « V > 2)

M A I L I N G A D D R E S S :

Mfl^fk feiwjf r U N U - e . R o c k £ > f . oA7

P R O P E R T Y G E O L O G Y K E Y W O R D S (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude) logy, age, stratigraphy, structure, aiterauon.mineraiizauon, size ana anreuaej: , . . _

R E F E R E N C E S T O P R E V I O U S A S S E S S M E N T W O R K A N D A S S E S S M E N T R E P O R T N U M B E R S : Z o f l f l f 2 > o 3 4 t ) 0+2^>

Next Page

TYPE OF WORK IN THIS REPORT

EXTENT OF WORK (IN METRIC UNITS)

ON WHICH CLAIMS PROJECT COSTS APPORTIONED

(incl. support)

GEOLOGICAL (scale, area)

Ground, mapping 1'. 7,S0O 5" r U c f W c r

Photo interpretation

GEOPHYSICAL (line-kilometres)

Ground

Magnetic 3 . 2 ^ 5 * fcn* Electromagnetic

Induced Polarization

Radiometric

Seismic

Other

Airborne

GEOCHEMICAL (number of samples analysed for...)

son 2 o s a b l e s 3 0 eli^eJf I t P - M S

SiK

R o c k T Sables Id e\e*»*Jr \CP~MS Other

DRILLING

(total metres; number of holes, size)

Core

Non-core

RELATED TECHNICAL

Sampling/assaying

Petrographlc

Mlneralographic

Metallurgic

PROSPECTING (scale, area)

PREPARATORY / PHYSICAL

Line/grid (kilometres)

Topographic/Photogrammetric (scale, area)

Legal surveys (scale, area)

Road, local access (kilometres)/^

Trench (metres)

rail Road, local access (kilometres)/^

Trench (metres)

Underground dev. (metres)

Other

TOTAL COST: - 1 3 , 5 0 2 . U

7/5/2014 Mineral Titles Online 1.7.6

BRITISH C O L U M B I A

B.C . HOME

M i n e r a l T i t l e s

M i n e r a l C l a i m E x p l o r a t i o n a n d D e v e l o p m e n t W o r k / E x p i r y Da te C h a n g e

0 Se lec t I npu t M e t h o d 0 S e l e c t / I n p u t T e n u r e s 0 Input Lots 0 Link Event N u m b e r s 0 Data Inpu t Form 0 Up load R e p o r t 0 Rev iew Form Data Ed Process P a y m e n t • C o n f i r m a t i o n

Main Menu * Search for Mineral / * Placer / Coal Titles

* Search for Reserve Sites

+ View Mineral Tenures

<• View Placer Tenures

•*> View Coal Tenures

£WR£SS P R O T E C T

Mineral Titles Online

Mineral Claim Exploration and Development Work/Expiry Date Change

Contact Us • H e l p

Printer Version fQi

R e v i e w F o r m Da ta

R e c o r d e r : GOLDREA R E S O U R C E S C O R P . (127848)

R e c o r d e d : 2014/JUL/05

D / E D a t e : 2014/JUL/05

Event N U M ^ f ^ 5 S / / 7 7 Z R e v i e w F o r m Da ta

S u b m i t t e r : GOLDREA R E S O U R C E S C O R P . (127848)

E f f e c t i v e : 2014/JUL/05

W o r k T y p e :

T e c h n i c a l I t e m s :

Technical Work Geochemical , Geological, Geophysical , PAC Withdrawal (up to 30% of technical work performed)

W o r k S t a r t D a t e : 2014/JUN/09 W o r k S t o p D a t e : 2014/JUN/12 T o t a l V a l u e o f W o r k : $ 3502.11 Mine P e r m i t N o :

S u m m a r y o f the w o r k v a l u e :

T e n u r e N u m b e r

C l a i m N a m e / P r o p e r t y

I s s u e D a t e

G o o d T o

D a t e

N e w G o o d

T o D a t e

# o f D a y s F o r w a r d

A r e a in Ha

A p p l i e d W o r k V a l u e

S u b m i s s i o n

F e e

511295 2005/apr/20 2014/iul/31 2017/auq/31 1127 188.16 $ 3922.96 $ 0.00 502243 BILL1 2005/jan/12 2014/iul/31 2017/auq/31 1127 20.91 $ 435.88 $ 0.00

•> MTO Help

Download Spatial Data ~ Free Miner Landowner

Notification

hxtr rhis c-ser vice O

F i n a n c i a l S u m m a r y :

T o t a l a p p l i e d w o r k v a l u e : $ 4358.84

P A C n a m e : D e b i t e d P A C a m o u n t : C r e d i t e d P A C a m o u n t :

Goldrea Resources Corporation $ 856.73 $ 0.0

T o t a l S u b m i s s i o n F e e s : $ 0.0

T o t a l P a i d : $ 0.0

To continue click "Next".

COPYRIGHT DISCLAIMER PRIVACY ACCESSIB IL ITY

https ://www.mtonl i ne.g ov.bc.ca/mto/sowM i nQuesti onU pi oadReport do 1/2

http://www.mtonl

TABLE OF CONTENTS PAGE No.

1 SUMMARY 1

2 INTRODUCTION 2

3 DISCLAIMER 2

4 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE & PHYSIOGRAPHY 3

5 PROPERTY DESCRIPTION AND LOCATION 4

6 PROPERTY HISTORY 4

7 GEOLOGICAL SETTING 6

8 DEPOSIT TYPES 6

9 MINERALIZATION 7

10 EXPLORATION 7

11 DRILLING 11

12 SAMPLING METHOD AND APPROACH 11

13 SAMPLE PREPARATION, ANALYSIS AND SECURITY 11

14 DATA VERIFICATION 11

15 ADJACENT PROPERTIES 12

16 MINERAL PROCESSING AND METALLURGICAL TESTING 13

17 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES 13

18 CONCLUSIONS AND RECOMMENDATIONS 14

PREFERENCES 15

ITEMIZED COST STATEMENT

CERTIFICATE & DATE

LIST OF FIGURES

FIG 1 General Location Map

FIG 2 Claim Location Map

FIG 3 Claim Location Detailed Map

FIG 4 General Geology

FIG 5 Geology and Rock Geochemistry

FIG 6 Soil Geochemistry, Mo

FIG 7 Soil Geochemistry, Cu

FIG 8 Soil Geochemistry, Zn

FIG 9 Soil Geochemistry, Ag

FIG 10 Google Earth drill hole locations and rock chip sampli

FIG 11 Compilation Map

Fig 12 Magnetometer readings plan view, Main Zone

APPENDIX A GEOCHEMICAL ANALYSIS CERTIFICATE

APPENDIX B SOIL SAMPLE DESCRIPTIONS

APPENDIX C MAGNETOMETER READINGS

APPENDIX D NRC MAGNETIC OBSERVATORY PLOTS

APPENDIX E MINFILE DESCRIPTION

1 SUMMARY

The Empress Molybdenum Project is located in the Okanagan Range of the Cascade Mountains. The MTO mineral tenures 511295 & 502243 comprise an area of 209.07 hectares that are located approximately 30 km west-northwest of Summerland, BC.

The Empress molybdenum prospect outcrops on the crest of a broad west-trending ridge separating the headwaters of Empress Creek to the northwest from Shinnish Creek to the south. The Empress prospect covers a 730 X 360 meter area (elongated north-south) and consists of widespread, low-grade molybdenum bearing sulphide mineralization hosted in Middle Jurassic age, porphyritic biotite- hornblende quartz monzonite of the Osprey Lake Batholith. The Empress occurrence is classified as a Mo (Cu-Au) porphyry characterized by disseminated, fracture filling and quartz vein sulphide mineralization. Significant minerals include molybdenite, pyrite and chalcopyrite with accessory and minor quartz, K-feldspar, sericite, chlorite, kaolinite, and magnetite. Pyrite and molybdenite occur as disseminations and veinlets, and in quartz stringers in a north trending zone. Magnetite and increased K-feldspar is associated with fracture filling mineralization.

Exploration by Anaconda American Brass in 1968 identified zones of molybdenite bearing mineralization. In 1981 a total of 15 percussion drill holes (1,122 meters total depth) was carried out and analyzed for Cu & Mo at 3.05 m intervals.

In 2007 & 2008 Goldrea Resources & Molycor Gold performed a program of core drilling which involved a total of 19 drill holes (3,493 m total depth) were collared from 8 drill sites. Core was split & sampled at 3 m intervals. Significant results are listed as follows:

DDH 07-EMP-l: interval 3-21 m interval 33-54 m interval 147-153 m

DDH 07-EMP-2: interval 3-27 m DDH 07-EMP-3: interval 3-24 m DDH 07-EMP-4: interval 15-45 m

interval 45-75 m DDH 07-EMP-5: interval 6-36 m


interval 51-72 m DDH 07-EMP-7: interval 36-72 m DDH 07-EMP-8: interval 21-33 m DDH 08-EMP-10: interval 12-78 m

interval 102-105 m DDH 08-EMP-ll: interval 9-27 m

interval 54-66 m DDH 08-EMP-12: interval 9-57 m DDH 08-EMP-13: interval 75-96 m

interval 171-182.9 m DDH 08-EMP-14: interval 42-93 m

depth 18 m @ 0.077% Mo depth 21 m @ 0.075% Mo depth 6 m @ 0.077% Mo depth 24 m @ 0.080% Mo depth 21 m @ 0.064% Mo depth 30 m @ 0.093% Mo depth 30 m @ 0.038% Mo depth 30 m @ 0.076% Mo depth 33 m @ 0.034% Mo depth 24 m @ 0.073% Mo depth 21 m @ 0.053% Mo depth 36 m @ 0.090% Mo depth 12 m @ 0.117% Mo depth 66 m @ 0.087% Mo depth 3 m @ 0.120% Mo depth 18 m @ 0.137% Mo

depth 12 m @ 0.072% Mo depth 48 m @ 0.072% Mo depth 21 m @ 0.141% Mo depth 11.9 m @ 0.071% Mo

depth 51 m @ 0.068% Mo

1

DDH 08-EMP-15: interval 75-84 m interval 120-135 m

DDH 08-EMP-16: interval 108-135 m DDH 08-EMP-17: interval 15-33 m


interval 93-126 m

depth depth depth depth depth depth depth depth

9 m @ 0.084% Mo 15 m @ 0.108% Mo 27 m @ 0.083% Mo 18 m @ 0.070% Mo 42 m @ 0.093% Mo 42 m @ 0.060% Mo 15 m @ 0.066% Mo

33 m @ 0.123% Mo

Based on geochemical analysis of 2007-2008 diamond drill split core, and tabulation of resource blocks at 20 meter spacing, a total of 2 separate NI 3-101 compliant resource estimates were carried out by N . Tribe and Associates Ltd, Kelowna, BC summarized as follows:.

1 The first estimate was based on a metal price of $22/lb for Mo, and using a 0.02% Mo cut-off grade: INDICATED RESOURCE ESTIMATE 3,996,155 TONNES @ 0.0605% Mo

INFERRED RESOURCE ESTIMATE 3,497,771 TONNES @ 0.062% Mo

2 The second estimate was based on a metal price of $10/lb for Mo, and using a 0.05% Mo cutoff grade: INDICATED RESOURCE ESTIMATE 1,702,938 TONNES @ 0.0948% Mo


SOURCE: Sedar filing 'Progress Report & Resource Estimate on the Empress Molybdenum Property' by N . Tribe and Associates Ltd (www.sedar.com) filed on June 1, 2010 by Goldrea Res Corp (dated Oct 31,2008 and revised May 10,2010).

The 2008 technical report for Goldrea Res/Molycor Gold recommends core drilling a 2 phase program (4,800 & 9,555 meters respectively), at an estimated cost of $1,564,000.

2 INTRODUCTION

At the request of Goldrea Resources Corp and Nevada Clean Magnesium, geological, geochemical and geophysical fieldwork was carried out on by the writer on MTO tenures 502243 & 511295 (Empress mineral property). A statement of work was filed on MTO website (event 5511772) and a change of expiry date (Aug 31, 2017). This report supports the statement of work. The purpose of this report is to identify extensions of known mineralization and drill targets.

3 DISCLAIMER

This report is based on documents and technical reports prepared by various authors as well as fieldwork done by the writer. An informal review of mineral title and ownership of tenure 502243 & 511295 comprising the Empress property was completed by investigating records of the Mineral Titles Branch. There has been no legal survey of mineral title and ownership review.

2

http://www.sedar.com

4 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE & PHYSIOGRAPHY

The property is in the Okanagan region of British Columbia in the Similkameen and Osoyoos Mining Divisions. NTS 92 H/9E; 49 40TST, 120 10' W, in B.C. From the town of Summerland there is road access west along Trout Creek 22 kilometers to the Shinish Creek Forest Service Road. Shinish Creek is a tributary coming into Trout Creek from the south. The claims are in the upper eastern portion of the headwaters of Shinish Creek about 8 kilometers on the Shinish Creek Forest Service Road and then 3 kilometers east along connecting roads to the showings near 1600m elevation (5250 feet). The property consists of 2 Mineral Tenures, numbers 51129land 502243 in the Similkameen Mining Division.

From the town of Summerland, B.C. there is road access west along Trout Creek 26 kilometers to the junction of the Trout Creek Main and the Headwaters Main roads. Turn left and travel along the Shinnish Road and travel 6 km. to the junction, turn left and proceed 3 km to the property. Elevation at the showings is 1600 meters (5250 feet).

The property is situated on the west side of the Okanagan Valley. The mountain slopes on the property are slight to steep and are covered with glaciated overburden. The higher peaks are rolled worn tops from long receding glaciation and erosion. The terrain is entirely accessible on foot or vehicle. The elevation ranges from 1350 meters to 1700 meters (4,428-5,576 feet).

The Empress property is located on the edge of the Okanagan valley resulting in interior British Columbia weather patterns. Climate in the area is described as semi-arid and annual precipitation is less than 50 centimeters per year. There is medium snowfall accumulations in the winter and the summer months tend to be dry and hot.

The main town in the area is Summerland, population 12,000 and Penticton, population 36,000 both in the Okanagan valley; these communities are located 30 kilometers east and 25 kilometers south of the property, respectively. Commercial air service is available in Kelowna. These communities offer full service, supply, and infrastructure base. The procurement of adequate mining personnel should not present a problem. The Provincial Highway 97 and a major electrical grid service these communities.

Flora on the property consists of medium to dense forest with the exception of the logged off areas. The trees are medium to small in diameter and blow downs are normal. Undergrowth and small shrubbery is abundant within the treed area but minimal in size and density due to the acidic nature of the needle fall, yet healthy out in the logged off areas. The tree cover is mostly lodgepole pine with the occasional balsam, spruce and juniper. Fauna in the area include grouse, deer, moose, black bears, coyote, wolf and cougars.

3

5 PROPERTY DESCRIPTION AND LOCATION

The Empress property consists of two mineral tenures owned 50% by Goldrea Resources Corp and 50% by Nevada Clean Magnesium Inc. The property has not been legally surveyed. The properties are situated in the Similkameen Mining Division. Total area covered by the mineral claim is 209.07 hectares (516.6 acres). Details of the Empress mineral title is listed as follows:

Tenure Number

Claim Owner 50%

Claim Owner 50%

Map Number

Good To Date Mining Division

Area in Hectares

502243 127848 136247 92H Aug 31, 2017 Similkameen 20.91 511295 127848 136247 92H Aug 31, 2017 Similkameen 188.16

The author is not aware of any planned or existing land use that would adversely affect development of mineral resources on the Empress property.

6 PROPERTY HISTORY

In 1968, Anaconda American Brass outlined anomalous stream sediment from the upper Empress Creek area. Follow-up work included soil samples, trenches, seismic geophysics, and 1,122 meters (3,681 feet) of percussion drilling were carried out by Anaconda Canada Explorations Ltd in 1981. A summary of significant intercepts from the 15 percussion drill holes Anaconda drilled in 1981 are listed below:

Percussion drill hole number

From To Width %Mo

81-2 36.65 m 45.75 m 6.1m 0.037 81-4 21.35 m 24.4 m 3.05 m 0.070 81-7 24.4 m 27.45 m 3.05 m 0.038 81-9 9.15 m 57.95 48.8 m 0.050 81-11 36.6 m 39.65 m 3.05 m 0.038 81-13 30.5 m 33.55 m 3.05 m 0.056 81-14 33.55 m 36.6 m 3.05 m 0.030

The present claims were staked in 1995, and optioned to Verdstone Ventures (now Goldrea Resources) and Molycor Gold Corp (now Nevada Clean Magnesium Inc). Currently the claims are in a 50% joint venture between Nevada Clean Magnesium Inc and Goldrea Resources Corp.

Diamond drilling program commenced in November, 2007 and continued through the summer of 2008. The drilling program consisted of 9 drill holes ranging from 156.7-260.6 meters in depth drilled in the 2007 season and 10 drill holes ranging from 141.4 to 213.4 meters, drilled in the 2008 season. The objective of these drill holes is to test a 250 X 250 meter area for molybdenum (and copper-gold) bearing mineralization.

A comparison of ppm Mo geochemical results from 2007 diamond drill holes, and highlights from 1981 percussion drill holes suggest that recovery of molybdenite

4

mineralization significantly increases with core drilling (diamond drilling) as opposed to percussion drilling (where water has a tendency to rinse away molybdenite).

The drilling was done using BQTW wireline drilling equipment cutting core of 43 mm. diameter. The core was boxed, logged, split, with half sent to Pioneer Laboratories Inc. in Richmond for analysis. The boxes were then stacked in stacks on site at 703915E 5505825N on a platform of bush poles and covered with tarps.

The 2007 & 2008 Goldrea Resources & Molycor Gold core drilling involved a total of 19 drill holes (3,493 m total depth) collared from 8 drill sites. Core was split & sampled at 3 m intervals. Significant results are listed as follows:

DDH 07-EMP-l: interval 3-21 m interval 33-54 m interval 147-153 m

DDH 07-EMP-2: interval 3-27 m DDH 07-EMP-3: interval 3-24 m DDH 07-EMP-4: interval 15-45 m



interval 51-72 m DDH 07-EMP-7: interval 36-72 m DDH 07-EMP-8: interval 21-33 m DDH 08-EMP-10: interval 12-78 m

interval 102-105 m DDH 08-EMP-ll: interval 9-27 m


interval 171-182.9 m DDH 08-EMP-14: interval 42-93 m DDH 08-EMP-15: interval 75-84 m

interval 120-135 m DDH 08-EMP-16: interval 108-135 DDH 08-EMP-17: interval 15-33 m

interval 141-183 m DDH 08-EMP-18: interval 108-150 DDH 08-EMP-19: interval 63-78 m

interval 93-126 m

depth 18 m @ 0.077% Mo depth 21 m @ 0.075% Mo depth 6 m @ 0.077% Mo depth 24 m @ 0.080% Mo depth 21 m @ 0.064% Mo depth 30 m @ 0.093% Mo depth 30 m @ 0.038% Mo depth 30 m @ 0.076% Mo depth 33 m @ 0.034% Mo depth 24 m @ 0.073% Mo depth 21 m @ 0.053% Mo depth 36 m @ 0.090% Mo depth 12 m @ 0.117% Mo depth 66 m @ 0.087% Mo depth 3 m @ 0.120% Mo depth 18 m @ 0.137% Mo depth 12 m @ 0.072% Mo depth 48 m @ 0.072% Mo depth 21 m @ 0.141% Mo depth 11.9 m @ 0.071% Mo

depth 51 m @ 0.068% Mo depth 9 m @ 0.084% Mo depth 15 m @ 0.108% Mo

m depth 27 m @ 0.083% Mo depth 18 m @ 0.070% Mo depth 42 m @ 0.093% Mo

m depth 42 m @ 0.060% Mo depth 15 m @ 0.066% Mo depth 33 m @ 0.123% Mo

Based on geochemical analysis of2007-2008 diamond drill split core, and tabulation of resource blocks at 20 meter spacing, a total of 2 separate NI 3-101 compliant resource estimates were carried out by N . Tribe and Associates Ltd, Kelowna, BC described as follows:

5





The 2008 technical report for Goldrea Res/Molycor Gold by N . Tribe and Associates Ltd recommends drilling a 2 phase program (4,800 & 9,555 meters respectively), at an estimated total cost of $1,564,000.

7 GEOLOGICAL SETTING

The Empress Mineral Claim is located within the Okanagan batholith, a large intrusive body which in the claim area consists mainly of medium grained to course grained granite, granodiorite and porphyritic quartz monzonite.

The Empress property lies within the intrusive rocks within the Okanagan batholith. Previous petrographic examination of the diamond drill core from the Empress project, March 1996 and August 2005, identified 3 main rock types.

1. Medium grained granitic, with very minor granodiorite. Mafic minerals are virtually absent. Partial silicification with molybdenum blebs occurs adjacent to unit 3.

2. Coarse grained to megacryst quartz monzonite with large pink k-feldspar phenocrysts up to 4cm long. Mafic minerals (biotite, hornblende) are sparse and has very low magnetic content.

3. Fine to very fine grained pale rock described as aplite with varying degrees of silification and molybdenite mineralization.

8 DEPOSIT TYPES

Mineralization within the Empress property is characterized by intense clay (kaolinite-montmorillinite-sericite) alteration and minor silicification in fracture zones hosted felsic intrusive country rock with low F content (<0.1% F). The main zones of mineralization at Empress are 3-66 meter wide zones of low-grade (< 0.1% Mo), shallow east dipping tabular shaped zones containing disseminated and fracture filling molybdenite. There is low F porphyry molybdenum potential (i.e. open pit extraction of molybdenum bearing mineral resource with widths of mineralization exceeding 100 meters). The low F porphyry Mo deposit type is valid. The best economic potential on Empress is considered to be low F porphyry deposit type related molybdenite mineralization. Locally, higher grade shear/vein type mineralization (e.g. 1-2 meter width of > 0.5% Mo) is of secondary economic importance with respect to deposit type.

6

9 MINERALIZATION

The main mineralized showings consist of disseminated and fracture filling molybdenite and pyrite hosted in sheared and silicified, chlorite and sericite altered, medium to fine grained quartz monzonite, granite & granodiorite. Only occasionally are the mafic minerals (mainly biotite) fresh and not propylitized to show development of chlorite and minor pyrite. The mafic minerals give the groundmass a distinct green colour. Composition of the fine grained intrusive is typically one third K-feldspar, with 8-20% quartz, and minor plagioclase, plus some minor accessory minerals as carbonate, chlorite, sphene, sericite, epidote, pyrite, and molybdenite Mineralization consists of fine grained molybdenite along fracture planes with minor pyrite associated with silicification and shearing. Mineralization also occurs as disseminations. Hydrothermal alteration consisting of silica-clay-chlorite-potassium feldspar mineral assemblages are indicative of molybdenite mineralized porphyry systems. The alteration phases include silicification, open space quartz fillings in breccia, potassium metasomatism, clayed feldspars, sericite clay alteration, propylitic alteration, and molybdenite mineralization. Al l three phases of the intrusive show hydrothermal porphyry type of alteration, but because of their different grain sizes and ratios of phenocrysts and mafic minerals some of the alteration stages show up more in one unit than in the others. For example, the propylitic stage of porphyry alteration shows up least of all in the fine grained leucocratic aplitic Unit 3 because of the paucity of mafic minerals. Whereas the porphyritic Unit 2 with the most mafic minerals, shows the most and easiest seen alteration in the propylitic stage. Unit 1 also shows the effects of potassium alteration where the orthoclase phenocrysts and biotite become refreshed and quite glossy. The alteration sequence is likely an outer propylitic followed by argillic and then quartz sericite plus kaolinitic with a later potassium metasomatism. The pattern and sequence of alteration is complicated by the fact that the different zones show with greater or less intensity in the different rock types. Supergene alteration or weathering in and peripheral to known molybdenite mineralized zones shows as a brick red iron oxide stain on rock surfaces and especially along fracture planes. This red oxidation is routinely used as a primary prospecting tool.

The 2007-2008 drill program resulted in the discovery of fault/shear zone complex molybdenite mineralization with strong clay-chlorite in faults trending 030 and 130 degrees, dipping moderate to shallow to the east.

10 EXPLORATION

A total of 5 rock chip samples were taken from an area 25-125 m west and north of the 2007¬2008 core drilling program (Fig 5 & 10). A description of the rock samples are listed below:

Sample Easting NAD Northing NAD Elev Locality 83 83 (m) Sample Type

164951 Empress W central 703716 5505927 1590 angular float



164954 Empress W central 703806 5505966 1584 outcrop

164955 Empress N central 703978 5506054 1594 angular float

7

Sample ID Lithology

164951 Quartz Monzonite Orthoclase Porphyry


164953 Quartz Monzonite

164954 Quartz Monzonite


Alteration

kaolinite, sericite, chlorite. K-feldspar, silica, magnetite

kaolinite, sericite, chlorite. K-feldspar, silica




Sample ID

164951

164952

164953

164954

164955

Minerals

mo.,py.,l im.

mo.,py.,l im.

mo.,py.,lim.

mo.,py.,l im.

mo.,py.,cpy.,l im.

sulphide

%

oxide %

0.1

0.2

0.1

0.2

0.3

Vein-fracture

107

Dip

67

S

Width

(cm)

220

Sample ID

164951

164952

164953

164954

164955

Mo ppm

80 509 223 619 147

Cu ppm

6 19 14 12

220

Zn ppm

25 63 34 82

609

Ag ppm

0.2 0.2 0.3 0.2 3.1

The highest molybdenum content was found in outcrop (sample 164954, 619 ppm Mo) in an old trench. The outcrop is composed of fine grained, aplitic texture granite with minor kaolinite, sericite, chlorite, K-feldspar, quartz and magnetite alteration. The outcrop exhibits a WNW & NE trending and steeply dipping fracture/jointing structures. This outcrop is close to drill hole collar 2007-1, 2, & 3. The other rock samples 164952, & 164953 were taken from the trench areas west of sample 164954, and this area located 25-100 m west of drill hole collar 2007-1, 2, & 3 represents a potential future drill target area (Fig 10).

Rock sample 164955 is located 100 m northeast of sample 164954, and sample 164955 contains elevated Cu, Zn, & Ag values suggesting there is a zone of base metal enrichment adjacent to the Mo zone. There is a 150 X 75 area located about 550 m ENE of the main Mo zone that has a strong Cu in soil anomaly (several samples >1,000 ppm Cu). The elevated Cu zone also contains elevated Zn & Ag and requires follow-up exploration.

A total of 20 soil samples were taken in the area of the main Mo Zone, and results for Mo, Cu, Zn & Ag were plotted (Fig 6, 7, 8, & 9). A description of the soil samples are listed below:

8

Line 5505750 N 5505750 N 5505750 N 5505750 N 5505850 N 5505850 N 5505850 N 5505850 N 5505850 N 5505850 N 5505850 N 5505950 N 5505950 N 5505950 N 5505950 N 5505950 N 5505950 N 5505950 N 5505950 N 5505950 N

Station 703950 E 704000 E 704050 E 704100 E 703800 E 703850 E 703900 E 703950 E 704000 E 704050 E 704100 E 703700 E 703750 E 703800 E 703850 E 703900 E 703950 E 704000 E 704050 E 704100 E

Colour dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown dark brown

Depth cm

25

20

22

25

20

20

25

22

25

22

20

22

25

20

20

25

22

25

22

20

Texture Organics Comments

loam low

loam low

loam low

loam low

clay-silt medium swamp 703800-825 E

loam low Tolko rd 703870 E

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

loam low

Anaconda rd 703830 E

9

The geochemical analysis of Mo, Cu, Zn & Ag are listed below

ppm ppm ppm ppm Line Station Mo Cu Zn Ag 5505750 703950 N E 15 12 40 0.2 5505750 704000 N E 28 17 54 0.2 5505750 704050 N E 26 17 27 0.3 5505750 704100 N E 60 51 42 0.2 5505850 703800 N E 64 60 46 0.2 5505850 703850 N E 20 16 51 0.3 5505850 703900 N E 41 21 27 0.3 5505850 703950 N E 17 10 31 0.2 5505850 704000 N E 56 19 29 0.2 5505850 704050 N E 26 16 27 0.2 5505850 704100 N E 45 38 44 0.3 5505950 703700 N E 56 27 59 0.2 5505950 703750 N E 240 40 48 0.3 5505950 703800 N E 2080 51 31 0.2 5505950 703850 N E 51 29 42 0.3 5505950 703900 N E 24 20 31 0.3 5505950 703950 N E 21 27 32 0.2 5505950 704000 N E 155 75 44 0.3 5505950 704050 N E 43 35 29 0.2 5505950 704100 N E 24 34 42 0.3

Soil sample 5505950 N , 703800 E (2,080 ppm Mo in soil) is located 15 meters south of the trench where rock sample 164954 (601 ppm Mo in rock) is located. The close proximity to outcrop suggests the source of the 2,080 ppm Mo in soil anomaly is nearby outcrop. Further trenching in this area including the 5505950 N , 703750 E (240 ppm Mo in soil) would assess the geology and mineralization.

A Total of 3.225 line km of field magnetometer surveying was carried out over the Empress property on June 12,2014. The instrument used is a GEM GSM-19T v 7.0 proton magnetometer. The readings were taken at 25 meter intervals using a Garmin 60Cx GPS for survey location. Raw data was corrected for diurnal variation by looping. This was done by returning to a

10

common point and verifying reading over time intervals of 20-120 minutes, and comparing the correction with diurnal changes recorded by magnetic observatories run by Natural Resources Canada (Appendix D). Returned values from the Empress Main Zone (Fig 12) range from 54,821 to 55,252 nT (Appendix C). Results from ground magnetometer surveying of the Empress Main Zone indicate a broad 300 X 300 m area total field magnetic low (in the order of 100-200 nT strength) is associated with Mo mineralization, and a roughly encircling total field magnetic high rimming the center of the grid (Fig 12). The areas where the broad low meet the high readings represent alteration contact zones as it is probable that clay and silica alteration has removed magnetite that may have been present prior to alteration.

11 DRILLING

The Empress has been the subject of two episodes of core and percussion drilling. In 1981, Noranda Canada Exploration Ltd drilled and 1,122 meters (3,681 feet) in 15 percussion drill holes. In 2007 and 2008, Goldrea Res Corp/Molycor Gold Corp (now Nevada Clean Magnesium Inc) core drilled 19 drill holes (3,493 m total depth). The geochemical analysis results and cross sections of drill holes are recorded in assessment report 10,434 and Sedar filing 'Progress Report & Resource Estimate on the Empress Molybdenum Property' by N . Tribe and Associates Ltd (www.sedar.com) filed on June 1,2010 by Goldrea Res Corp (dated Oct 31, 2008 and revised May 10, 2010).

12 SAMPLING METHOD AND APPROACH

The writer sampled bedrock across the exposed width of mineralized and altered-silicified zones by collecting about 2 kg of 2-5 cm sized rock chips using a rock hammer. Rock chips were placed in a marked poly ore bag and shipped to Pioneer Labs for 30 element ICP analysis. Geochemical analysis methods and procedures used by Pioneer Labs are described in Appendix A (Geochemical analysis certificate 2141358). Soil samples were taken with a grubhoe from a depth of 20-25 cm from a poorly developed ' B ' horizon in the soil profile. Soil samples were placed in marked kraft bags, dried and shipped to Pioneer Labs for 30 element ICP geochemical analysis.

13 SAMPLE PREPARATION, ANALYSIS AND SECURITY

Rock and soil samples taken by the writer on the Empress property were not tampered with. The samples were prepared by Pioneer Labs performing crushing of rock chip samples to 2 mm and obtaining 250 grams by riffle split and pulverised to 0.1 mm. Soil samples are dried at 60 degrees C and sieved to -80 mesh. A 0.5 gram sample is digested in 3 ml of aqua regia, diluted with 10 ml water. Geochemical analysis is done using multi-element Perkins ICP MS (Appendix A, Pioneer Labs Report 2141358).

14 DATA VERIFICATION

Pioneer Labs Inc performs internal quality control by performing routine check analysis and standards analysis in order to verify data. The writer did not include duplicate samples and/or blank samples because of the reconnaissance nature of the program, and the fact that mineral

11


resource estimates using geo-statistical evaluation are not being done. The results of the geochemical surveys are intended to be a guide for exploration and do not constitute a mineral resource evaluation.

15 ADJACENT PROPERTIES

The Crow-Rea low F porphyry molybdenum (and shear/vein type molybdenum bearing mineralization) is located about 6 km east of the Empress mineral occurrence. In 1974 Noranda completed exploration that consisted geological mapping, magnetometer geophysics, soil geochemistry, trenching both bulldozer and blasted, and drilled two diamond drill holes (total depth 305 meters (1000 feet). In 1995, the Crow-Rea was staked and optioned to Verdstone Gold Corporation and Molycor Gold Corporations. In 2005 the claim was converted to mineral titles online cells. The claim is owned 50% by Goldrea Resources Corp (formerly Verdstone Gold) , and 50% by Nevada Clean Magnesium Inc (formerly Molycor Gold). In 1995 and 1996 Verdstone/Molycor conducted soil sample surveys, IP and magnetometer surveys, trenching, diamond drilling, geological mapping and reclamation fieldwork. Verdstone/Molycor mapping and drill core logging indicates chlorite, illite, kaolinite, pyrite, epidote, and felted biotite form of a secondary alteration assemblage. The general volume of pyrite (in the order of 1-2%) decreases when molybedenite is present, but there is a general increase in pyrite as a halo adjacent to stronger molybdenite mineralization.

A summary of significant drill hole intersections on Crow-Rea are listed as follows: Site# DDH # Depth ft Interval ft Interval m %MoS2 %Mo 3 95-7 0-26 26 7.93 0.142 0.085 3 95-8 0-16.5 16.5 5.03 0.110 0.066 3 95-9 0-128 128 39.01 0.273 0.164 3 95-10 23-26.3 3.3 1.00 0.058 0.035 3 95-11 3.3-6.6 3.3 1.00 0.130 0.078 3 95-12 20-42 22 6.70 0.258 0.155 3 95-13 13-33 20 6.10 0.153 0.092 4 95-15 0-3.3 3.3 1.00 0.131 0.079 4 95-15 26-29.3 3.3 1.00 0.042 0.025 4 95-16 70-86.5 16.5 5.03 0.091 0.055 4 95-16 102-133 31 9.45 0.118 0.071 4 95-17 0-49.5 49.5 15.09 0.123 0.074 5 95-19 56-76 20 6.10 0.206 0.124 5 95-20 33-36.3 3.3 1.00 0.546 0.328 5 95-20 76.5-86.6 10 3.05 0.040 0.024 5 95-20 210-216.5 6.5 1.98 0.072 0.043 5 95-21 55.5-62 6.5 1.98 0.104 0.062 5 95-21 108-144 36 10.97 0.213 0.128 5 95-22 13-16.4 3.4 1.04 0.138 0.083 5 95-23 13-36 23 7.01 0.054 0.032 5 95-23 92-95.4 3.4 1.04 0.148 0.089 5 95-23 101.8¬

105.4 3.4 1.04 0.041 0.025

12

Site # DDH # Depth ft Interval ft Intervalm %MoS2 %Mo 5 95-23 118-121.4 3.4 1.04 0.041 0.025 5 95-23 128-134 6.8 2.08 0.145 0.087 6 95-24 328-331.4 3.4 1.04 0.126 0.076 6 96-24 361-364.4 3.4 1.04 0.042 0.025 6 96-26 236.6-248 11.6 3.54 0.165 0.100 6 96-27 80-84 4 1.22 0.059 0.035 6 96-28 86.8-90 3.4 1.04 0.085 0.051 6 96-28 153.4-160 6.8 2.08 0.105 0.063 6 96-30 239-259 20 6.10 0.171 0.103

The HP is a low F porphyry Mo deposit type mineral occurrence located approximately 8 km northwest of Crow-Rea. The HP occurrence is 2.5 km east of Empress Creek and 5 km north of Shinnish Creek. The HP showings are hosted in Middle Jurassic Osprey Lake granite, quartz monzonite that is hydrothermally altered with a mineral assemblage of kaolinite-sericite-chlorite-montmorillinite. Disseminated fine grain molybdenite and chalcopyrite is sparse, and disseminated pyrite is common.

16 MINERAL PROCESSING AND METALLURGICAL TESTING

No metallurgical testing or mineral processing bench tests have been carried out on Empress property mineralization.

17 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES

In 2007 & 2008 Goldrea Resources & Molycor Gold core drilling involved a total of 19 drill holes (3,493 m total depth) collared from 8 drill sites. Core was split & sampled at 3 m intervals. Based on geochemical analysis of 2007-2008 diamond drill split core, and tabulation of resource blocks at 20 meter spacing, a total of 2 separate NI 3-101 compliant resource estimates were carried out by N . Tribe and Associates Ltd, Kelowna, BC summarized as follows:.





Source: Sedar filing 'Progress Report & Resource Estimate on the Empress Molybdenum Property' by N . Tribe and Associates Ltd (www.sedar.com) filed on June 1,2010 by Goldrea Res Corp (dated Oct 31,2008 and revised May 10,2010).

13


18 CONCLUSIONS AND RECOMMENDATIONS

The Empress prospect covers a 730 X 360 meter area (elongated north-south) and consists of widespread, low-grade molybdenum and copper bearing sulphide mineralization hosted in Middle Jurassic age, medium grained biotite hornblende granodiorite and quartz monzonite of the Osprey Lake Batholith. The Empress occurrence is classified as a Mo (Cu-Au) porphyry characterized by disseminated, fracture filling and quartz vein sulphide mineralization. Significant minerals include molybdenite, pyrite and chalcopyrite with accessory and minor quartz, K-feldspar, sericite, chlorite, kaolinite, and magnetite. Pyrite and molybdenite occur as disseminations and veinlets, and in quartz stringers in a north trending zone that displays NE and NW trending fractures and jointing. There is a significant resource of molybdenite on the Empress property and is worthy of further delineation of the mineralization by a program of diamond drilling, trenching and evaluation of the economics of resource extraction and mineral processing.

It is recommended to trench in the area of the outcrop where rock sample 164954 was taken and where soil sample 5505950 N 703800 E was taken (Fig 5 & 6). It is also recommended to drill approximately 12 vertical oriented drill holes (150 m depth) at 50 meter spacing in a grid pattern that include the following areas:

1- between DDH 07-7, 8, & 9 and DDH 08-10, 11, & 12. 2- west of DDH 07-7, 8, & 9. 3- between DDH 08-18, & 19 and DDH 08-10,11, & 12. 4- between DDH 08-13, & 14 and DDH 08-15, & 16.

(see Fig 10 for drill hole locations)

This program would involve niinimum disturbance because of reasonably good access to sites. The target for this proposed drilling would be to delineate approximately 5-8 million tonnes @ 0.06%Moor0.1%MoS 2

14

19 REFERNCES

MacRae, R, 1969, Geochemical Report on the Empress Claim Group, Anaconda American Brass Ltd., AR 2,008

MacRae, R, 1969, Geochemical Report on the Empress Claim Group, Anaconda American Brass Ltd., AR 2,036

Riccio, L, 1981, Drilling and Geochemical Report on the Empress Property, Anaconda Canada Exploration Ltd. AR 10,434

Tribe, N. , 2008, revised 2010, Sedar filing 'Progress Report & Resource Estimate on the Empress Molybdenum Property' by N . Tribe and Associates Ltd (www.sedar.com) filed on June 1, 2010 by Goldrea Res Corp (dated Oct 31, 2008 and revised May 10, 2010).

15


CERTIFICATE AND DATE

I, Andris Kikauka, of 4199 Highway 101, Powell River B.C. V8A 0C7 am a self employed professional geoscientist. I hereby certify that:

1. I am a graduate of Brock University, St. Catharines, Ont, with an Honours Bachelor of Science Degree in Geological Sciences, 1980. 2. I am a Fellow in good standing with the Geological Association of Canada. 3. I am registered in the Province of British Columbia as a Professional Geoscientist. 4. I have practiced my profession for twenty eight years in precious and base metal exploration in the Cordillera of Western Canada, U.S.A., Mexico, Central America, and South America, as well as for three years in uranium exploration in the Canadian Shield.. 5. The information, opinions, and recommendations in this report are based on fieldwork carried out in my presence on the subject property June 9-12,2014 during which time a technical evaluation consisting of geochemical sampling of rock and soil, geological mapping, and magnetometer geophysical surveying were carried out on the Empress mineral property by the writer as well as reports on mineralization and related physical properties. 6. I am employed as an independent consultant.. 7. I am not aware of any material fact or material change with respect to the subject matter of this Technical Report that is not reflected in the Technical Report, the omission to disclose which makes the Technical Report misleading. 8. I have no business interest in Goldrea Resources Corp and Nevada Clean Magnesium Inc. Recommendations in this report serve only as guidelines and are intended to fulfil the requirements for filing an assessment report.

Andris Kikauka, P. Geo.,

ITEMIZED COST STATEMENT-EMPRESS MINERAL TENURE 511295 & 502243 GEOLOGICAL, GEOCHEMICAL GEOPHYSICAL FIELDWORK PERFORMED JUNE 9-12,2014, WORK DONE ON MINERAL TENURE 511295 & 502243 SIMILKAMEEN MINING DIVISION, NTS 092 H/9 (TRIM 092H.070)

FIELD CREW:

Andris Kikauka (Geologist) 4 days (surveying, sampling, & mapping) $ 1,890.00

FIELD COSTS:

Mob/demob/preparation Equipment & Supplies Meals and accommodations Truck mileage & fuel ICP MS geochemical analysis (20 soil samples) ICP MS geochemical analysis (5 rock samples) Magnetometer rental Report

109.46 43.45

188.00 208.20 229.00 84.00 50.00

700.00

Total= $ 3,502.11

J." vr. - ' * *

K e n « ! l

"Af.>' Atortf 4f»n ~*? a* e' ITi Cascades

i daw' N^B iemo#w^

Glacier ) J •™ng ME. Baker I If! HOIMHW ffllH

V/ SMnno

Fig 1 Empress Mo Project General Location Goldrea Resources Corp/Nevada Clean Magnesium Inc

30 60 km

MineralTitles OniineBC Empress MTO tenure 502243 & 511295 Location

This map is a user generated static output from an Internet mapping site and is for general reference only. Data layers that appear on this map may or may not be accurate, current, or otherwise reliable. THIS MAP IS NOT TO BE USED FOR NAVIGATION.

40' N, 12gjTj f r

Que Wil l iams Lake

Revels toke

Victoria

Legend Indian Reserves National Parks Conservancy Areas

Parks Federal Transfer Lands Mineral Tenure (current)

Mineral Claim Mineral Lease

Mineral Reserves (current)

Placer Claim Designation Placer Lease Designation No Staking Reserve Conditional Reserve Release Required Reserve Surface Restriction Recreation Area Others

First Nations Treaty Related Lands

— First Nations Treaty Lands

j~l Survey Parcels

r—] BCGS Grid Contours (1;250K)

Contour - Index Contour - Intermediate Areaof Exclusion Areaof Indefinite Contours Annotation (1:2S0K) Transportation - Points (1:250K)

^ Airfield ^_ Anchorage • Seaplane

Scale: 1:184,137 Notes: Map Date: July 6, 2014

Fig 2 Empress Mo Project MTO tenure 502243 & 511295 Location NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

Empress Mo Project General Geology Egd

W F n "

W H 2 FISHER MAIDEN

MABEL

SIWASH C R E E K P L A C E R

Egd

KATHLEEN MOUNTAIN

JUNIPER

C A C H E

4$- Bankeir Osprey Lake

• HP

BLUBEL

PlRal

R.T.

_R.T. 2

GOLDEN LODE

EAST

JESSIE

DECANO ROSE-MUNRO LAKE

S W A N

DEMUTH

5? C R O W - R E A

GLA

ARNIE

UTHOLOGY LEGEND PtRal Pleistocene to Recent Al luvium ECsy Eocene Coryell Plutonic Suite Syenite, Monzoni te Egd Eocene granodiorite

EPeMk Eocene Penticton Group Undivided Volcanic Rocks MJgr Middle Jurassic Osprey Lake Granite, Orthoclase Porphyry, Aplite

S C A L E 1 : 150,000

2 0

K ILOMETERS

PACIFIC R O S E PARADISE R O S E

EPeMk

ECsy EPeMk

Fig 4 Empress Mo Project MTO General Geology NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

Empress Geochemical Rock Sample Locations

Fig 5 Empress Mo Project Rock Sample Geochemistry & Geology NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

Sample ID Easting NAD 83 Northing NAD 83 Sample Type Width (cm) M o ppm Cu ppm Zn ppm Ag ppm

164951 703716 5505927 angular float 8 0 6 2 5 .2

164952 703728 5505947 angular float 5 0 9 19 6 3 .2

164953 703743 5505949 angular float 2 2 3 14 3 4 .3

164954 703806 5505966 outcrop 220 6 1 9 12 8 2 .2

164955 703978 5506054 angular float 1 4 7 2 2 0 6 0 9 3.1

S C A L E 1 ; 7,500

200 200

M E T E R S

400 600

*.oc.k, SArvtpte Outcrop

LITHOLOGY LEGEND

Middle Jurassic Osprey Lake Intrusive Complex

1 Granite 2 Orthoclase Porphyry 3 Aplite

^ ^ x - F a u l t ^ J o i n t i n g / F r a c t u r i n g V

Empress Soil Geochemistry SWf^'^^i"* 1 ?¥TMH 1111111 H

• S Fig 6 Empress Mo Project Soil Geochemistry (ppm Mo) % NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division 1

B Goldrea Resources Corp/Nevada Clean Magnesium Inc

S C A L E 1 : 7,500 Soil Sample Location

200 200

M E T E R S

400 600

Empress Soil Geochemistry a ' * . ' i ' •

~:z-

t - i . • r ' ? "frV

• . . / •

• * • ? o

CM N N t -

:.W* m*- *- ^~ to

O CD v - O O) CD C O B

CD CM T - v - T - CO ;

• I

- 1

M T 0 Tenure

502243

Fig 7 Empress Mo Project Soil Geochemistry (ppm Cu) NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division] Goldrea Resources Corp/Nevada Clean Magnesium Inc

S C A L E 1 : 7,500

- J o J> o o o

•• V'- . :•

• Soil Sample Location

200 200

M E T E R S

400 600

• I . '•X: rf -

k

•k-V

Empress Soil Geochemistry

r n c r i x - C M ^ C M ^ O ^ C M

(O N T - O N ^ i ^ - lO (N 00 tN CM N "

S* ^ U0 CM ^ ^ |

Fig 8 Empress Mo Project Soil Geochemistry (ppm Zn) NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

S C A L E 1 : 7,500

7 : ' i«

I\/\T0 Tenure | 502243

- J 1 ' O

8 O m I

506000N

MTO Tenure 511295

• Soil Sample Location

200 200

METERS

400 600

CM| CO CO CM CM CM CO

Fig 9 Empress Mo Project Soil Geochemistry {ppm Ag) NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

S C A L E 1 : 7,500 Soil Sample Location

200 200

M E T E R S

400 600

Goog le earth J g 5 9 0 0 A Fig 10 Empress Mo Project Google Earth Looking N NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc Red pins= 2014 Rock chip sample ID numbers Blue Pins= 2008 DDH locations

Empress Geochemical & Geophysical Compilation Map

LEGEND D 30-100 ppm Mo in soil

J j 101-2080 ppm Mo in soil

^tt^l Magnetometer low <54,900 nT

Magnetometer high >55,00O nT

Fig 11 Empress Mo Project Compilation NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division g Goldrea Resources Corp/Nevada Clean Magnesium Inc

S C A L E 1 : 7,500

200 200

M E T E R S

400 600

Empress Main Zone Magnetometer Survev 5 Project MTO Magnetometer Survev ^ — J

Fig 12 Empress Mo project M ro Magnetometer Survey NTS 092H 09 E, BCGS 092H.070 Similkameen Mining Division Goldrea Resources Corp/Nevada Clean Magnesium Inc

O ^ C T i r H t D C s l i H r - C O - ^

T-HOOOOOCncncnO

©

CN CN O O CTi O

j- r LD

co

lO LO LO

-•Ln Ln Ln Ui Oi Oi 0 o o CO O 4^ 01 CO w

n c n ' c n J ? i ,<_n cn jfcji) cn | L n | L n en o i c n y i ( Ln Ln Ln O TO -J

. p i Ln L n l L n . L n | L r | B J i J i J i | L n l L n l L n | Ln Ln cn Ln

c n C O C n [ \ ) J i O - J I N > - J

L Q Lnfln i n

ro cn Cn"cn"cn"CO Cn <n Cl CO C> d x)1 -^i 1 1 vj 1 %| ^ 1 v l ' ^ J 1 ^ J 1

tnmiriifiifimiriinifim

co CN cn in ^ H H 'O' CTI cn , C * 0

Ln Ln cn ji»cn»jr to p w *£) N> AX> - J I—1 IN>

CN

CJT Ln Ln Ln ^ >^ i& ^

k£>- - J ( - J \ J i CO Ln . O |<1 . - i q

ro 0Mr> cn cn jco pi

Ln Ln Ln Ln >^ >b

CO KD KD CO ID O l O CO CO CO CO o

IfCoVcn /O

] 5 ^feg^f I© Ln Ln (jn Ln (ji On Ln

\ Ln u v

j i j i j i &1<JI]JJ js. as. <X> CO IJD X>10»LD <X)

U) O H K3 C o l L n l b Ln K) Ln J i J i Ln O M j C Q ^ N3 CTi

>x> co o i> CN ro "sr h (ji m o n co r-cn co cn cn cn co co ^ ^ ^ ^ ^

iT> m m; m in m m m m m mlm ) Li) li) li)|Li) LI) LI) Li) LI I Li) Li) U > J Li (

V -Ln Ln Ji.Ln -Ln C D f O i-'Acn CTikLn o % r cn ro r-tacn cn,"* ro a o o o

L n L n L n L n L n L n L n t n L n L n \ L n aj Ln Cn ^ j i j i j i L n J _ n j i j i j i j i J i J i J 5 " J i i l i '«'

- " T N ^ X ) X) co co cx) co \r> co- — - \ L n t ^ J i C I J ^ ^ C ^ ^ ^ I C n i i

"Ln - J O ~~l - J rfi U J \ tsJ N J

ro ro H r-I r iH LO T r- p

cn o/o cn

cn co cn ~ cn cn co

in/m ifll in m uo

r-/o> o uva>»£> <x> LOILO IT) J

olcol

4 « ? ^tifel

o o o m

>55,000 nT

55,000-55,050 nT

54,850-54,900 nT

<54,850 nT

S C A L E 1 : 6,000

100 0 100

M E T E R S

200

Instrument Used: GEM GSM 19T v 7.0 Proton Magnetometer (25 m spacing of reading Corrections for Diurnal Variation: Looping & Cross Reference of

3oo Date & Time for Natural Resources Canada Magnetic Observatories

P I O N E E R L A B O R A T O R I E S INC. #103-2691 V I S C O U N T W A Y RICHMOND, B C C A N A D A V 6 V 2R5 T E L E P H O N E (604)231-8165

G E O C H E M I C A L A N A L Y S I S C E R T I F I C A T E GOLDREA RES. CORP./ Multi-element ICP Analysis - 0.500 gram sample is digested with 3 ml of aqua regia, diluted NEVADA CLEAN MAGNESIUM CORP. to 10 ml with water. This leach is partial for Al, B, Ba, Cr, Fe, Mg, Mn, Na, P, S, Sn, Ti

and limited for Na and K. Analyst ^Z&dMA Project: Empress Mo APPENDIX fi\ Report No. 2141358 Sample Type: Soils/Rocks Date: June 27, 2014

ELEMENT Ag Al As B Ba Bi Ca Cd Co Cr Cu Fe K Mq Mn Mo Na Ni P Pb S Sb Sn Sr Te Ti TI V Zn SAMPLE ppm % ppm ppm ppm ppm % ppm ppm ppm ppm % % % ppm ppm % ppm % ppm % ppm ppm ppm ppm % ppm ppm ppm

L5505750N 703950E .2 .91 5 <5 37 <10 .10 <1 3 6 12 1.06 .06 .15 121 15 .04 2 .63 20 .04 <2 <2 8 <5 .04 <5 23 40 L5505750N 704000E .2 1.22 5 <5 52 <10 .12 <1 4 8 17 1.63 .08 .20 165 28 .05 5 .72 22 .01 <2 <2 12 <5 .06 <5 34 54 L5505750N 704050E .3 1.04 6 <5 51 <10 .07 <1 2 8 17 1.56 .05 .18 118 26 .05 2 .80 21 .05 <2 <2 11 <5 .06 <5 33 27 L5505750N 704100E .2 1.26 5 <5 81 <10 .26 <1 5 15 51 2.20 .23 .50 285 60 .05 7 .71 24 .05 <2 <2 23 <5 .09 <5 49 42 L5505850N 703800E .2 1.43 12 <5 74 <10 .21 <1 12 10 60 1.88 .13 .31 278 64 .05 6 .64 32 .07 <2 <2 21 <5 .06 <5 33 46

L5505850N 703850E .3 1.30 6 <5 45 <10 .11 <1 6 9 16 1.67 .05 .18 503 20 .05 7 .87 23 .04 <2 <2 10 <5 .06 <5 37 51 L5505850N 703900E .3 1.16 5 <5 44 <10 .08 <1 4 7 21 1.51 .05 .14 94 41 .05 5 .49 23 .03 <2 <2 9 <5 .06 <5 30 27 L5505850N 703950E .2 1.20 5 <5 37 <10 .08 <1 4 7 10 1.45 .03 .11 98 17 .05 2 .72 24 .02 7 <2 8 <5 .06 <5 31 31 L5505850N 704000E .2 1.33 10 <5 44 <10 .07 <1 5 7 19 1.59 .06 .17 89 56 .05 7 .62 23 .01 <2 <2 9 <5 .06 <5 34 29 L5505850N 704050E .2 .86 6 <5 46 <10 .09 <1 3 9 16 1.62 .07 .18 108 26 .04 3 .42 18 .06 <2 <2 10 <5 .04 <5 34 27

L5505850N 704100E .3 1.59 5 <5 75 <10 .15 <1 5 15 38 2.19 .18 .51 269 45 .05 7 .97 28 .04 <2 <2 16 <5 .11 <5 50 44 L5505950N 703700E .2 1.15 5 <5 45 <10 .14 <1 12 6 27 1.54 .07 .23 565 56 .05 6 .72 24 .02 <2 <2 12 <5 .06 <5 30 59 L5505950N 703750E .3 1.32 6 <5 68 <10 .15 <1 5 8 40 1.96 .10 .27 263 240 .05 6 .99 28 .06 <2 <2 15 <5 .08 <5 35 48 L5505950N 703800E .2 .77 5 <5 39 <10 .16 <1 2 5 51 2.32 .17 .38 130 2080 .04 3 1.14 64 .09 8 <2 8 <5 .03 <5 16 31 L5505950N 703850E .3 2.06 5 <5 43 <10 .06 <1 6 7 29 1.78 .04 .14 121 51 .06 5 1.01 28 .01 <2 <2 9 <5 .08 <5 37 42

L5505950N 703900E .3 1.38 6 <5 48 <10 .12 <1 5 7 20 1.52 .05 .17 150 24 .05 4 .87 19 .06 <2 <2 11 <5 .06 <5 32 31 L5505950N 703950E .2 .96 8 <5 46 <10 .13 <1 6 7 27 1.29 .07 .16 108 21 .05 5 .52 21 .04 4 <2 15 <5 .06 <5 29 32 L5505950N 704400E .3 1.83 18 <5 101 <10 .25 <1 5 23 75 2.56 .35 .91 324 155 .05 9 1.20 26 .11 <2 <2 27 <5 .14 <5 66 44 L5505950N 704050E .2 .94 5 <5 51 <10 .12 <1 3 12 35 1.54 .19 .46 153 43 .04 4 .76 18 .07 <2 <2 18 <5 .07 <5 35 29 L5505950N 704100E .3 .86 6 <5 42 <10 .12 <1 3 9 34 1.34 .13 .40 181 24 .04 5 .71 19 .01 2 <2 11 <5 .06 <5 30 42

164951 (Rock) .2 .20 19 <5 18 <10 .07 <1 2 24 6 .63 .15 .17 129 80 .05 3 .28 10 .02 <2 <2 4 <5 .04 <5 10 25 164952 (Rock) .2 .14 16 <5 8 <10 .06 <1 4 41 19 .76 .09 .10 75 509 .05 4 .20 25 .68 <2 <2 3 <5 .01 <5 4 63 164953 (Rock) .3 .11 6 <5 7 <10 .03 <1 4 41 14 .61 .06 .03 39 223 .05 5 .25 16 .30 <2 <2 5 <5 .01 <5 5 34 164954 (Rock) .2 .10 6 <5 11 <10 .02 <1 2 46 12 .78 .08 .04 70 619 .05 4 .19 15 .29 <2 <2 3 <5 .01 <5 4 82 164955 (Rock) 3.1 .50 22 <5 17 <10 .17 3.66 12 41 220 2.94 .28 .45 148 147 .05 10 .47 132 3.22 <2 <2 8 <5 .04 <5 33 609

For Mo>35 p p m , assay digest ion is required for correct data.

Goldrea Res. Corp./Nevada Clean Magnesium Corp. Page 1 Report No. 2141358

APpewotx 8 S O I L S A M P L E PES*-k(PTIONS Line Station Colour Depth cm Texture Organics Comments ppm Mo ppm Cu ppm Zn ppm Ag

5505750 N 703950 E dark brown 25 loam low 15 12 40 .2




5505850 N 703800 E dark brown 20 clay-silt medium swamp 703800-825 E 64 60 46 .2

5505850 N 703850 E dark brown 20 loam low Tolko rd 703870 E 20 16 51 .3








5505950 N 703800 E dark brown 20 loam low Anaconda rd 703830 E 2080 51 31 .2







A*>f>£WJ>/y C

/Gem Systems GSM-19T 6112151 v7 .0 7 XI 2006 M t - e 2 . v 7 j /ID 1 f i l e Olsurvey.m 15 II 00 fd" I /X Y nT sq cor-nT time 05650N 0003700 E 55099 .60 99 000000. 00 001154. 0 05650N 0003725 E 55093 .60 99 0 0 0 0 0 0 . 00 001254. 0 05650N 0003750 E 55047 .50 99 0 0 0 0 0 0 . 00 001334. 0 05650N 0003775 E 55034 .95 99 0 0 0 0 0 0 . 00 001422. 0 05650N 0003800 E 55092 .26 99 000000. 00 001518. 0 05650N 0003825 E 55063 .27 99 0 0 0 0 0 0 . 00 001610. 0 05650N 0003850 E 54961 .81 99 0 0 0 0 0 0 . 00 001714. 0 road 703848 E 05650N 0003875 E 55077 .24 99 0 0 0 0 0 0 . 00 001942. 0 05650N 0003900 E 54994 .94 99 000000. 00 002122. 0 05650N 0003925 E 54981 .40 99 000000. 00 002230. 0 05650N 0003950 E 54895 .25 99 0 0 0 0 0 0 . 00 002426. 0 05650N 0003975 E 54904 .26 99 0 0 0 0 0 0 . 00 002538. 0 05650N 0004000 E 54857 .55 99 000000. 00 002754. 0 05650N 0004025 E 54990 .98 99 0 0 0 0 0 0 . 00 002906. 0 05650N 0004050 E 54964 .36 99 0 0 0 0 0 0 . 00 003002. 0 05650N 0004075 E 55070 .90 99 0 0 0 0 0 0 . 00 003114. 0 05650N 0004100 E 54867 .37 99 0 0 0 0 0 0 . 00 003242. 0 05750N 0004100 E 54862 .27 99 000000. 00 003646. 0 05750N 0004075 E 54942 .82 99 0 0 0 0 0 0 . 00 003758. 0 05750N 0004050 E 54873 .22 99 000000. 00 003846. 0 05750N 0004025 E 54904 .30 99 0 0 0 0 0 0 . 00 003930. 0 05750N 0004000 E 54877 .30 99 000000. 00 004018. 0 05750N 0003975 E 54897 .34 99 000000. 00 004058. 0 05750N 0003950 E 54990 .70 99 0 0 0 0 0 0 . 00 004142. 0 05750N 0003925 E 54947 .18 99 000000. 00 004214. 0 05750N 0003900 E 54995 .46 99 000000. 00 004310. 0 05750N 0003875 E 55252 .45 99 000000. 00 004410. 0 05750N 0003850 E 55055 .73 99 0 0 0 0 0 0 . 00 004454. 0 05750N 0003825 E 54992 .75 99 0 0 0 0 0 0 . 00 004806. 0 05750N 0003800 E 54904 .09 99 000000. 00 004854. 0 05750N 0003775 E 54878 .52 99 0 0 0 0 0 0 . 00 004950. 0 05750N 0003750 E 55000 .33 99 0 0 0 0 0 0 . 00 005034. 0 05750N 0003725 E 55065 .70 99 000000. 00 005130. 0 05750N 0003700 E 54916 .31 99 0 0 0 0 0 0 . 00 005302. 0 05850N 0003700 E 55069 .02 99 0 0 0 0 0 0 . 00 005750. 0 05850N 0003725 E 55012 .99 99 000000. 00 005858. 0 05850N 0003750 E 54974 .37 99 0 0 0 0 0 0 . 00 005946. 0 05850N 0003775 E 54933 .81 99 0 0 0 0 0 0 . 00 010046. 0 05850N 0003800 E 54909 .75 99 0 0 0 0 0 0 . 00 010138. 0 05850N 0003825 E 54867 .33 99 000000. 00 010230. 0 05850N 0003850 E 54945 .86 99 0 0 0 0 0 0 . 00 010326. 0 05850N 0003875 E 54976 .73 99 000000. 00 010402. 0 05850N 0003900 E 54898 .96 99 000000. 00 010542. 0 05850N 0003925 E 54950 .15 99 0 0 0 0 0 0 . 00 010642. 0 05850N 0003950 E 54907 .38 99 000000. 00 010726. 0 05850N 0003975 E 54932 .72 99 000000. 00 010810. 0 05850N 0004000 E 54883 .84 99 0 0 0 0 0 0 . 00 010850. 0 05850N 0004025 E 54874 .25 99 0 0 0 0 0 0 . 00 010930. 0

05850N 0004050 E 54837 .01 99 0 0 0 0 0 0 . 00 011026. 0 05850N 0004075 E 54863 .41 99 0 0 0 0 0 0 . 00 011106. 0 05850N 0004100 E 54931 .54 99 0 0 0 0 0 0 . 00 011150. 0 05950N 0004200 E 54926 .72 99 000000. 00 013850. 0 05950N 0004175 E 54952 .27 99 0 0 0 0 0 0 . 00 013938. 0 05950N 0004150 E 54949 .63 99 0 0 0 0 0 0 . 00 014058. 0 05950N 0004125 E 55058 .67 99 000000. 00 014138. 0 05950N 0004100 E 54981 .77 99 0 0 0 0 0 0 . 00 014802. 0 05950N 0004075 E 54920 .24 99 0 0 0 0 0 0 . 00 014834. 0 05950N 0004050 E 54895 .98 99 0 0 0 0 0 0 . 00 014918. 0 05950N 0004025 E 54914 .81 99 0 0 0 0 0 0 . 00 015002. 0 05950N 0004000 E 54904 .69 99 0 0 0 0 0 0 . 00 015106. 0 05950N 0003975 E 54935 .47 99 0 0 0 0 0 0 . 00 015146. 0 05950N 0003950 E 54880 .52 99 000000. 00 015226. 0 05950N 0003925 E 54998 .29 99 000000. 00 015526. 0 05950N 0003900 E 54908 .04 99 0 0 0 0 0 0 . 00 015610. 0 05950N 0003875 E 54898 .35 99 0 0 0 0 0 0 . 00 015646. 0 05950N 0003850 E 54947 .35 99 0 0 0 0 0 0 . 00 015730. 0 05950N 0003825 E 54870 .27 99 000000. 00 015830. 0 05950N 0003800 E 54975 .11 99 0 0 0 0 0 0 . 00 015918. 0 05950N 0003775 E 54998 .09 99 0 0 0 0 0 0 . 00 020506. 0 05950N 0003750 E 54992 .78 99 0 0 0 0 0 0 . 00 020626. 0 05950N 0003725 E 55121 .97 99 0 0 0 0 0 0 . 00 020742. 0 05950N 0003700 E 54997 .60 99 000000. 00 020850. 0 06050N 0003700 E 55062 .32 99 0 0 0 0 0 0 . 00 021510. 0 06050N 0003725 E 55082 .05 99 0 0 0 0 0 0 . 00 021614. 0 06050N 0003750 E 55071 .54 99 000000. 00 021714. 0 06050N 0003775 E 55013 .70 99 000000. 00 021946. 0 06050N 0003800 E 54925 .74 99 0 0 0 0 0 0 . 00 022210. 0 06050N 0003825 E 54982 .97 99 0 0 0 0 0 0 . 00 022310. 0 06050N 0003850 E 54938 .32 99 000000. 00 022418. 0 06050N 0003875 E 54882 .33 99 000000. 00 022738. 0 06050N 0003900 E 54965 .03 99 0 0 0 0 0 0 . 00 022826. 0 06050N 0003925 E 54907 .68 99 000000. 00 022942. 0 06050N 0003950 E 54945 .82 99 0 0 0 0 0 0 . 00 023118. 0 06050N 0003975 E 54891 .54 99 0 0 0 0 0 0 . 00 023242. 0 06050N 0004000 E 54963 .06 99 000000. 00 023358. 0 06050N 0004025 E 54919 .80 99 0 0 0 0 0 0 . 00 023526. 0 06050N 0004050 E 54948 .96 99 0 0 0 0 0 0 . 00 023726. 0 06050N 0004075 E 54912 .88 99 0 0 0 0 0 0 . 00 023830. 0 06050N 0004100 E 55019 .39 99 0 0 0 0 0 0 . 00 031018. 0 06050N 0004125 E 55045 .36 99 0 0 0 0 0 0 . 00 031130. 0 06050N 0004150 E 54821 .00 99 000000. 00 031254. 0 06050N 0004175 E 54951 .27 99 000000. 00 031402. 0 06050N 0004200 E 54855 .49 99 0 0 0 0 0 0 . 00 031510. 0 06150N 0004200 E 54972 .02 99 0 0 0 0 0 0 . 00 031830. 0 06150N 0004175 E 54924 .75 99 000000. 00 031934. 0 06150N 0004150 E 54879 .07 99 000000. 00 032034. 0 06150N 0004125 E 54901 .88 99 0 0 0 0 0 0 . 00 032126. 0 06150N 0004100 E 54944 .02 99 0 0 0 0 0 0 . 00 032230. 0 06150N 0004075 E 54928 .02 99 0 0 0 0 0 0 . 00 032322. 0 06150N 0004050 E 54969 .19 99 0 0 0 0 0 0 . 00 032402. 0 06150N 0004025 E 54932 .72 99 0 0 0 0 0 0 . 00 032442. 0 06150N 0004000 E 54963 .25 99 000000. 00 032530. 0

HMhf xoue H / \ ^ £ T o M g T ; e ^ s^RV£7 DATA TIAHE IO. , lo[<^

06150N 0003975 E 55030. 44 99 000000. 00 032634. 0 06150N 0003950 E 55078. 62 99 000000. 00 032754. 0 06150N 0003925 E 55025. 55 99 000000. 00 033154. 0 06150N 0003900 E 54993. 63 99 000000. 00 033338. 0 06150N 0003875 E 54999. 05 99 0 0 0 0 0 0 . 00 033446. 0 06150N 0003850 E 55001. 16 99 000000. 00 033622. 0 06150N 0003825 E 55062. 67 99 000000. 00 033730. 0 06150N 0003800 E 55012. 46 99 000000. 00 033818. 0 06150N 0003775 E 55027. 63 99 000000. 00 033926. 0 06150N 0003750 E 55042. 69 99 000000. 00 034034. 0 06150N 0003725 E 55003. 42 99 000000. 00 034126. 0 06150N 0003700 E 55036. 10 99 000000. 00 034230. 0 06250N 0003700 E 55100. 75 99 000000. 00 034814. 0 06250N 0003725 E 55054. 76 99 000000. 00 034958. 0 06250N 0003750 E 55029. 58 99 000000. 00 035050. 0 06250N 0003775 E 55001. 94 99 000000. 00 035222. 0 06250N 0003800 E 55053. 10 99 000000. 00 035310. 0 06250N 0003825 E 55072. 89 99 000000. 00 035346. 0 06250N 0003850 E 54961. 75 99 000000. 00 035518. 0 06250N 0003875 E 54997. 43 99 000000. 00 035618. 0 06250N 0003900 E 54948. 94 99 000000. 00 035806. 0 06250N 0003925 E 55014. 22 99 000000. 00 035838. 0 06250N 0003950 E 54902. 89 99 000000. 00 035930. 0 06250N 0003975 E 55002. 20 99 000000. 00 040202. 0 06250N 0004000 E 54978. 05 99 000000. 00 040334. 0 06250N 0004025 E 54964. 68 99 000000. 00 040418. 0 06250N 0004050 E 54907. 43 59 000000. 00 040522. 0 06250N 0004075 E 54956. 25 99 000000. 00 040610. 0 06250N 0004100 E 54991. 29 99 000000. 00 040734. 0 06250N 0004125 E 54955. 60 99 000000. 00 040830. 0 06250N 0004150 E 55022. 66 99 000000. 00 040922. 0 06250N 0004175 E 55015. 89 99 000000. 00 041006. 0 06250N 0004200 E 54891. 81 99 000000. 00 041130. 0

Canadian Magnetic Observatories - 1 min data X (north) Y (east) Z (down)

Day 163 12 June 2014

-iacH 1Q0 nT

" : ^S^J j 1 1 I 1 1 I 1 1 I 1 1 I 1 1 I 1 1 <i. '

' ' I 1 1 I 1 1 I 1 1 I 1 1 I ' 1 I 1 |11 ' '

-iao

f V — : E U A -Eureka • variation

- R E S -Resolute Bay l variation

"CBB Cambridge Bay variation

BUG -Baker Lake

variation

7IQA -Iqalult

variation

YKC -Vellowknife • variation

FCC -Fort Churchill - variation

MEA Megnpok vanation

BRD -Brandon variation

STJ St Johns variation

0TT • Ottawa varfotlon

VIC • Victoria variation

0 3 6 Jun 12

9 12 15 19 21 24 0 3 6 UT, hours J u n 1 2 j u n 12

9 1 2 15 1 6 2.1 24 Q 3 6 UT, hDura J u n 1 £ J u f 1 1 2

& 12 15 16 21 24 UT, hours Jun 12

H ^ B Canada Canada Canada

A f P e N D ! ) ( £ MINFILE Detail Report BRITISH BC Geological Survey ' Ministry of Energy, Mines & Petroleum Resources

Location/Identification MINFILE Number: 092HNE044

Name(s): EMPRESS

WEST EMPRESS

Status: Prospect Mining Division: Similkameen

Electoral District; Yale-Lillooct Regions: British Columbia Forest District: Cascades Forest District

BCGS Map: 092H070 NTS Map: 092H09E UTMZone: 10 (NAD 83) Latitude: 49 40 15 N Northing: 5505864 Longitude: 120 10 32 W Easting: 703785 Elevation: 1612 metres Location Accuracy: Within 500M Comments: Collar of drillhole PDH-81-9,1.2 kilometres southeast of Empress Creek, l.S kilometres northeast of Shinish Creek and 7.7

kilometres east of Jeilicoe (Assessment Report 10434, Figure 4).

Mineral Occurrence

Commodities: Molybdenum, Copper

Minerals Significant: Molybdenite, Pyrite, Chalcopyrite

Associated: Magnetite, Quartz

Alteration: Silica, K-Feldspar, Sericite, Chlorite, Kaolinite

Alteration Type: Silicific'n, Potassic, Sericitic, Chlorine, Argil lie

Mineralization Age: Unknown

Deposit Character: Disseminated, Vein

Classification: Porphyry, Hydrothermal, Epigenettc

Type: L04: Porphyry Cu +/- Mo +/- Au

Dimension: 730x360x0 metres Trend/Plunge: 360

Comments: Mineralization occurs in a north-trending zone at least 730 metres long and at least 360 metres wide over most of its length.

Host Rock Dominant Host Rock: Plutonic

Stratigraphlc Age Group Formation Igneous/Metamorphic/Other Middle Jurassic Osprey Lake Batholith

Isotopic Age Dating Method Material Dated 166+/-1 Ma Lead/Lead Zircon

Ltthology: Biotite Hornblende Granodiorite, Quartz Monzonite

Comments: Isotopic age date from the Osprey Lake batholith is from Geological Survey of Canada Paper 91-2, page 95.

Geological Setting Tectonic Belt: Intermontane Physiographic Area: Thompson Plateau

Terrane: Plutonic Rocks

Inventory

Friday, April 1,2011 MINFILE Number: 092HNE044 Page 1 of2

Ore Zone:

Category:

Sample Type:

Comments:

Reference:

DRILLHOLE

Assay/analysis

Drill Core

Average grade of percussion-drill hole cuttings over IS.25 metres.

Assessment Report 10434, Appendix 2 (hole 81-9,12.2 to 27.45 metres).

Year: 1981

Report On: N

NI43-101: N

Commodity Grade Copper 0.0093 percent Molybdenum 0.0852 percent

Capsule Geology The Empress molybdenum prospect outcrops on the crest of a broad west-trending ridge separating the headwaters of Empress Creek to the northwest from Shinish Creek to the south. The occurrence is 1 to 2 kilometres north of Shinish Creek and 7.6 to 8.1 kilometres east of Jeilicoe.

The occurrence is hosted in medium-grained, equigranular biotite hornblende granodiorite and quartz monzonite of the Middle Jurassic Osprey Lake batholith.

Pyrite and molybdenite occur as disseminations and veinlets, and in quartz stringers in a north-trending zone, at least 730 and possibly up to 950 metres long and at least 360 metres wide over most of its length. Magnetite is associated with fracture controlled sulphides. This mineralization occurs in quartz-potassium feldspar alteration zones within the area of surface mineralization. The intrusive units have also undergone slight sericite, chlorite and kaolinite alteration. Pyrite and molybdenite were intersected in all of fifteen percussion holes drilled in this area. Traces of chalcopyrite were detected in four of the holes. Analytical results from the fifteen holes averaged 0.00111 per cent molybdenum (Assessment Report 10434, page 12). The best hole analysed 0.0501 per cent molybdenum over 48.8 metres, including 0.0852 per cent molybdenum and 0.0093 per cent copper over 15.25 metres (Assessment Report 10434, hole 81-9, page 12, Appendix 2).

The prospect was discovered and staked by Anaconda American Brass Ltd. in 1968 after elevated molybdenum values were detected in a stream silt survey. The company completed various geological, soil geochemical and geophysical surveys between 1968 and 1970. A number of trenches were excavated and 1122 metres of drilling were completed during this time. Anaconda Canada Exploration Ltd. drilled an additional 15 percussion holes totalling 1019 metres in 1981.

BibtioiFQphy EMPRAR*1968-203 EMPR ASS RPT 2008, 2036, *10434 EMPR GEM 1969-281; 1970-390 GSC MAP 888A; 1386A; 41-1989 GSC MEM 243 GSC P 85-1A, pp. 349-358; 91-2, pp. 87-107 CIM Special Volume 15, Table 1, Map B (Occurrence 21) (1976)

Date Coded: 1985/07/24 Coded By: BC Geological Survey (BCGS) Field Check: N

Date Revised: 1992/07/27 Revised By: Peter S. FischhTSF) Field Check: N

Friday, April 1,2011 MINFILE Number: 092HNE044 Page 2 of2

geological, geochemical & geophysical report on the

Documents