golden cross resources ltd, through its wholly owned ... · golden cross resources ltd abn 65 063...

GOLDEN CROSS RESOURCES LTD ABN 65 063 075 178

22 Edgeworth David Ave Hornsby NSW 2077

Phone (02) 9472 3500 Fax (02) 9482 8488

QUARTERLY REPORT December 2007

HIGHLIGHTS • Over 5,000m of drilling has been completed on GCR properties since mid

September. Properties drilled to date are Canbelego, Cargo, Cullarin, West Wyalong, Kilparney and Rast. Results are awaited for all properties except Cullarin and West Wyalong – see below for results. Some drilling has been delayed: at Copper Hill due to landowner access issues and in Panama due to delays in approvals following the environmental impact survey.

• The Canbelego and Rast drilling followed up on targets generated by the recent IP survey (see announcement dated 7 November 2007) and airborne magnetic anomalies. Drilling progress has been good, and results are awaited. Drilling is continuing.

• At Copper Hill, further to the announcement dated 12 November 2007, additional soil and auger bedrock sampling is underway to the east of the Power prospect and mapping and sampling is progressing in the south of EL 6391. Potential joint venturers from overseas visited Copper Hill during the quarter.

• At West Wyalong, farm-in partner Argent Minerals intersected 2m at 19.1 g/t gold from 106m downhole, and 4m at 6.11 g/t gold from 28m.

• Labrador uranium rock chip assays are due in late January and early February. Spectrometer assays indicate values of over 500 ppm U in outcrop at Notakwanon. Geophysical survey results and photographs of the exploration effort during the 2007 field season were released to ASX on 20 November 2007.

• At Mt Isa GCR entered into a farm-in and joint venture agreement with Legend International Holdings Inc whereby Legend may earn an 80% interest in phosphate minerals on GCR’s three tenements by spending $3 million on exploration and development by 2012. GCR retains all rights to all other minerals, including uranium. Details of the agreement were released to ASX on 20 December 2007.

SUCCESSFUL SHARE PURCHASE PLAN GCR’s share purchase plan raised $2.4 million through the issue on 30 November 2007 of 64,551,645 shares at 3.75c per share. GCR’s cash reserves were $5.5 million at 31 December 2007. This healthy cash balance will allow GCR to mount a concerted exploration effort in 2008.

GOLDEN CROSS RESOURCES LTD

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FARM-INS UPDATE There are nine active farm-ins on GCR properties, whereby parties may spend up to $18.4 million to earn their interests. Details of the farm-ins are set out in the table below.

Property Farm-in Partner Can spend ($m)

Can earn(%)

2008 Exp. ($m)/JV age

Anniversary date

Broken Hill Vale (CVRD-Inco) 2.40 60 0.30 /Yr 2 5 May 2010 Cargo Cybele (Calibre) 5.00 70 0.75 /Yr 2 28 Nov 2010 Cullarin Tri Origin Minerals 0.20 51 0.05 /Yr 2 13 Sept 2010Kempfield Argent Minerals 2.75 70 0.30 /Yr 2 1 June 2013 Mt Isa Phosphates

Legend International 3.00 80 0.20 /Yr 1 7 Dec 2012

Mulga Tank Newport Exploration 2.75 75 - 80 1.10 /Yr 4 1 June 2009 Sunny Corner Argent Minerals 0.69 70 0.08 /Yr 2 1 June 2013 Wagga Tank Zinifex 0.55 51 0.05 /Yr 2 6 Feb 2011 West Wyalong Argent Minerals 1.03 70 0.11 /Yr 2 1 June 2013 Total 18.37 2.94

In the absence of any withdrawals from the farm-ins, approximately $3 million will be spent on these properties by farm-in partners during 2008. GCR is focusing its exploration effort on five prime areas:

1. Canbelego and Rast, NSW, where drilling is underway to test for high grade gold and copper mineralisation following assessment of airborne magnetic anomalies and a successful IP survey undertaken in 2007;

2. Bowen, Qld, where prospective targets will be drilled during 2008, including host rocks and structures similar to Conquest Mining’s Mt Carlton deposit;

3. Panama, where drilling is set to commence on IP targets generated by recent surveys on high grade gold veins at the Los Hatillos epithermal gold property. Six new tenements have been applied for.

4. Labrador, Canada, where airborne geophysical surveys have outlined prospective uranium targets and spectrometer assays indicate values of over 500 ppm U in outcrop at Notakwanon.

5. Copper Hill, NSW, where exploration continues at the Power prospect and in the south of the licence for high grade additions to the existing Copper Hill resource.

GCR is well placed; it has attracted capable farm-in partners, and the exploration teams have generated drill targets capable of delivering discoveries in the near future. GCR looks forward to results from both the farm-ins and its five main exploration properties in 2008. Further details of upcoming drilling and exploration programs are set out below.


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EXPLORATION PROPERTIES

Canbelego (near Cobar, totalling 787 sq km, GCR 100%, gold and base metals. 60 sq km around Mt Boppy subject to 5% net profits interest (NPI) to Nosebi Mining and Management Pty Ltd; 3 sq km NW of Pipeline property subject to 10% free carried interest to Metallic Resources Pty Ltd)

GCR’s Canbelego property surrounds the Mount Boppy gold mine, which to date has produced over half a million ounces of gold at a grade of 12 g/t, and over which GCR holds a 3% gross royalty. GCR is currently drilling the area for Mount Boppy-style mineralisation. GCR is also planning additional drilling for the Burra Copper prospect, to the south of Mt Boppy, where GCR drilling in 2004 intersected up to 12m at 2.8% copper from 136m, including 2m at 13.7% copper. Resources defined here could provide feed for mills and plants in the Cobar region. Drilling commenced during the December quarter on the Canbelego and nearby Rast properties (2,417 sq km, Figure 1), and is still underway. Early results yielded background gold values in two holes, and low but anomalous values in one hole at the Native Dog Prospect, southeast of Mount Boppy.

Rast (south of Cobar, southwest of Nymagee, totalling 800 sq km, GCR 100%, gold and base metals.)

GCR’s Rast properties cover Devonian volcanics and sediments overlying Ordovician sediments marginal to the Erimeran granite (Figure 1). The area has had very little detailed exploration in the past and GCR’s exploration team is confident that the area has potential to host a major base metal-gold/silver deposit. Drilling (3 holes to date) has targeted airborne magnetic anomalies and has intersected volcanic-sediment contact zones within the Devonian package and a zone of weakly mineralised Ordovician sediments at the C3 anomaly. Widespread disseminated pyrrhotite was noted in the C3 core, with trace chalcopyrite, sphalerite and galena. The presence of base metals mineralisation in this hole is encouraging at this early stage of exploration in a virgin area. Assay results are awaited. Additional adjacent ground, covering over 1,000 sq km, has been applied for in the district.

Bowen (Qld, 900 sq km, GCR 100% (held through KER), gold)

GCR holds newly granted tenements prospective for gold in the Bowen area of eastern Queensland. Primary exploration targets include porphyry-related bulk tonnage gold deposits and epithermal gold-silver deposits, with potential for a Silver Hill-style high-grade gold-silver discovery in epithermal and porphyry settings. Conquest Mining’s Silver Hill resource at Mount Carlton is reported to contain over 1 million ounces of gold and 33.4 million ounces of silver. GCR is establishing a field office in Bowen and will commence field work in January 2008. Previous drilling by WMC near Bowen, on the Mt Cavana tenement, yielded an intersection of 8m at 3.2 g/t gold, including 1m at 15.4 g/t gold.


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At Matrimony Ridge, located within the Mount Mackenzie EPM, a zone of highly altered, silicified, brecciated and gossanous rocks occur within a porphyry-style environment. Rock chips returned assays of 6.3 to 16.8 g/t gold and 105 g/t silver occur over a 100m long zone at the brecciated contact with a dacite dyke.

Panama - Los Hatillos (Panama, 74 sq km, GCR earning up to 70% by spending US$4m by 2012, gold)

GCR has applied for six new exploration areas in Panama, and generated good targets from its ongoing IP surveys, to be followed by drilling in early 2008. New Exploration Areas GCR has exercised its option to purchase the non-exclusive Panama exploration database received in June 2007 (see GCR announcement to ASX dated 31 May 2007). A review of the database by GCR geologists and a consultant geophysicist led GCR to apply for new ground in areas with known porphyry intrusives or with magnetic signatures warranting detailed investigation. Six new applications have been made to date (see Figure 2) bringing the area under GCR’s control to over 880 sq km. On grant of the concessions the areas will be explored for gold and base metals. IP Survey Results Most of the prospective high grade gold veins in the Veraguas - Los Hatillos farm-in area have been covered by IP surveys, with good drilling targets generated. Landowner access issues have prevented some of the veins from being fully surveyed. Drilling at Los Hatillos in 2008 Drilling will follow-on from the IP surveys, in early 2008, targeting high grade gold veins. At Veta Blanca, an environmental impact study is now complete and awaiting government approval. Drilling will start at Veta Blanca as soon as possible.

Labrador (Canada, 658 sq km, GCR may earn 50% by spending C$5.5m by 2012, uranium)

Encouraging uranium geophysical results were received from the airborne magnetic and radiometric survey flown over the properties during September. See PowerPoint presentation released to ASX on 20 November 2007. The first batch of uranium rock chip assays are due in late January and the second batch in early February. Spectrometer assays indicate values of over 500 ppm U in outcrop at Notakwanon (see Figure 3).

Copper Hill (near Orange, NSW, 93 sq km, GCR 100%, copper-gold)

Using metal price assumptions between long term average and current spot, Copper Hill can deliver a positive NPV based on current financial analysis. Capital cost estimates for an 8 million tonne per annum operation remain at $333 million, beyond GCR’s capacity to fund in the current market. GCR is seeking a joint venture partner requiring a steady supply of clean copper concentrate with gold credits and the financial capacity to fund the project through to start-up. Additional soil sampling and shallow drilling is being carried out at the Power Anomaly and diamond drilling is planned for the March 2008 quarter. The drilling will be somewhat restricted until a landowner access agreement can be determined by the


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Mining Warden, however one hole may be drilled into the Power Anomaly from an adjacent property. Geological mapping and rock and soil sampling in the Vale Head area and in the southern portion of the licence is also providing encouragement, with previously unknown copper occurrences and alteration zones being reported by the exploration team.

Mt Isa (Qld, 876 sq km, GCR 100%, uranium, copper-gold) (Legend International earning 80% interest in phosphates by spending $3m by 7 Dec 2012)

GCR announced on 18 December 2007 that it had entered into a farm-in and joint venture agreement with Legend International Holdings Inc (“Legend”). Under the agreement, Legend may earn an 80% interest in phosphate minerals on the tenements by spending $3 million on exploration and development by 7 December 2012. GCR retains all rights to all other minerals, including uranium. The properties consist of EPM 14905 “Quita Creek”, EPM 14906 “Highland Plains” and EPM 14912 “Lily and Sherrin Creek”, with a total area of 876 sq km. All are prospective for phosphates and uranium. Previous broad-scale exploration, including drilling, indicates potential for over 200 million tonnes of near-surface phosphatic rock at grades ranging from 13.4% to 18.7% P2O5. Phosphate is currently mined elsewhere in the Mt Isa area and phosphate production economics are enhanced by the presence of acid producing facilities (as a by-product of smelting at Mount Isa) and the rail and road infrastructure linking Mt Isa with the port of Townsville.

Mulga Tank (WA, 257 sq km, GCR 75% - 80% (held through KER), Newport earning 75% - 80% by spending C$2.5m by 1 June 2009 and completing a feasibility study, uranium-nickel)

King Eagle Resources (KER) holds the Mulga Tank property, 200 km NE of Kalgoorlie, where Newport Exploration Ltd (TSX:NWX) may earn a 75% - 80% interest by spending a total of C$2.5 million by 1 June 2009 and completing a feasibility study. Exploration efforts will now focus on the substantial 4.7 km x 3.2 km Minigwal Dunite (Peridotite) intrusive body, with potential to host a Mount Keith-style (517 Mt at 0.54% nickel) nickel deposit. Diamond drilling at Mulga Tank in 2005 identified an extensive mineralised zone averaging about 0.2% nickel and up to 0.5% nickel; Hole MTD001 returned 270m at 0.20% nickel, intersecting the serpentinised dunite from 67m, and MTD002 returned 212m at 0.19% nickel, from 60m. Shallow RAB samples assayed up to 2% nickel. KER holds the right to purchase, at any time, the 20% interest, free carried to decision to mine, in the Mulga Tank tenement, and the 25% interest in the EL application, held by a local prospecting syndicate.

Esmeralda (Qld, 90 sq km, GCR 100% (held through KER), gold, uranium) The Esmeralda tenement application, southeast of Croydon in the Georgetown Inlier of northern Queensland, is prospective for gold and uranium. The grant of the tenement is eagerly awaited, as previous exploration returned high-grade gold mineralisation, including trench assays of 1m at 36.8 g/t gold, 4m at 8.6 g/t gold and 2m at 16.7 g/t gold, and drill intersections of 2m at 5.4 g/t gold and 3m at 5.9 g/t gold. GCR is progressing native title issues prior to title grant.


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Cargo (60 sq km, GCR 100%, Au and Cu. Cybele can earn 70% by spending $5m by 281110)

A second phase diamond drilling program, comprising five holes for 1,700m, commenced in November 2007, targeting porphyry-style copper and gold mineralisation. Results are awaited.

Cullarin (147 sq km, GCR 100%, base metals, gold and silver. Tri Origin Minerals may earn 51% by spending $0.2 million by 28 November 2010). Formerly Breadalbane.

During the quarter farm-in partner Tri Origin Minerals completed 10 shallow RC holes for 474m at the Wet Lagoon anomalies and other mineralised occurrences. Best result was from hole CVTRC001, which was drilled 50m south of historical hole WL031 which returned 147m at 1.06 g/t gold, including 14.6m at 5.0 g/t gold from 16m. Hole CVTRC001 returned 23m at 0.30 g/t gold, 2.9 g/t silver and 0.13% lead from 16m. Further drilling is planned.

Broken Hill (405 sq km, GCR 100%, platinum group metals, gold and base metals.)

CVRD-Inco remains active in its joint venture over the southern part of the licence.

West Wyalong (114 sq km, GCR 100%, gold. Barrick Gold holds a 2.5% nsr royalty. Argent minerals may earn 70% by spending $1.03 million by 1 June 2013)

As announced to ASX on 12 December 2007, farm-in partner Argent Minerals was successful in its initial drilling campaign at West Wyalong, intersecting a previously unmapped gold reef, and unmined gold mineralisation below the workings of previously mined gold reefs. Hole APG003 intersected 2m at 19.1 g/t gold from 106m downhole in a wheatfield with no sign of old workings. Hole AMV002 at Mallee Vale reef in the north of the property, intersected 4m at 6.11 g/t gold, from 28m, below the old workings.

Sale of Adelong Gold Project During 2006 GCR sold its Adelong Gold Project to Tasman Goldfields Limited (ASX:TGX) for approximately $3 million plus a 1% gold production royalty capped at 2,500 oz, through the sale of GCR’s subsidiary, Challenger Mines Ltd. The first instalment of $500,000 in cash and $500,000 in shares was received in early January 2008.

ROYALTIES Details of GCR’s five royalties are set out on page 11 of the 2007 Annual Report, available at www.goldencross.com.au KIM STANTON-COOK, MANAGING DIRECTOR

The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Kim Stanton-Cook, who is a member of the Australian Institute of Geoscientists, is a full-time employee of GCR and has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Kim consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

http://www.goldencrss.com.au/


ABN 65 063 075 178

www.goldencross

GCR AT A GLANCE Directors Christopher Ryan, Chairman Kim Stanton-Cook, Managing Director David Timms, Director Kerry McHugh, Director Chris Torrey, Director Daven Timms, Alternate Director & Company Secretary Registered and Principal Office 22 Edgeworth David Avenue Hornsby NSW 2077 Australia Ph +612 9472 3500 Fax +612 9482 8488 Email [email protected]

Number of Shareholders At 10 January 2008 GCR had 3,057 shareholders. Cash Balance At 31 December 2007, GCR’s cash balance was approximately $5.5 million. ASX Listing Code The Company’s ASX listing code is GCR. Issued Capital GCR’s issued capital is approximately 631.1 million shares, 11.3 million employee options exercisable at 10 cents by 10.7.2012, and 5 million employee options exercisable at 8 cents by 31.3.2011

Drilling at the Rast Project, December 2008

.com.au Email : [email protected]

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20202020202020202020202020202020202020202020202020202020202020202020202020202020202020202020202020 Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000Scale 1:750,000

Granted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted TenementsGranted Tenements

ApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplicationsApplications

´

900,000 mN

800,000 mN

700,000 mN

700,

000

mE

700,

000

mE

800,

000

mE

800,

000

mE

900,

000

mE

900,

000

mE

1,000,000 mN

1,100,000 mN

600,

000

mE

300,

000

mE

400,

000

mE

400,

000

mE

500,

000

mE

500,

000

mE

1,100,000 mN

1,000,000 mN

900,000 mN

700,000 mN

800,000 mN

600,

000

mE

300,

000

mE

2005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182005-182004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-22004-04-2

2004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-12004-04-1

TonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosiTonosi

PanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanamaPanama

AguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulceAguadulce

ChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitreChitre

SantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiagoSantiago

La ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa ChorreraLa Chorrera

DavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavidDavid

Las TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas TablasLas Tablas

Puerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto ArmuellesPuerto Armuelles

PedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasiPedasi

PenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonomePenonome

ChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinolaChanguinola

AlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmiranteAlmirante

Bocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del ToroBocas del Toro

Chiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui GrandeChiriqui Grande

BoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteBoqueteVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcanVolcan

ToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleToleTole

SonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSonaSona

RemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemediosRemedios

PinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaPinoganaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYavizaYaviza

La PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa PalmaLa Palma

GarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachineGarachine

El ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl ValleEl Valle

PortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobeloPortobelo PalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenquePalenque

CanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasCanazasSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan FelixSan Felix

ColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColónColón

2007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-812007-81

2007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-832007-83

2007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-822007-82

2007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-972007-97

2007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-962007-96

2007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-952007-95

0 50 100

metres

200 Scale 1:5,000

GCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INCGCR PANAMA INC

TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008TENEMENTS JANUARY 2008

Area of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq kmArea of GCR Managed Tenements - 881 sq km

Area of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq kmArea of Joint Venture Managed Tenements - 0 sq km

GCR Tenements

GCR Only Applications

GCR Managed JV Granted

GCR Managed JV Applications

Material Corregimientos Distritos Provs Zones Has Tipo Status

oro y otros San Marcelo; Remance y Los Hatillos Cañazas y San Francisco Veraguas 2 4,501.18 CONTRATO Contrato

oro y otros Los Hatillos, El Cocal San Francisco, Calobre Veraguas 1 2,502.12 SOLICITUD Trámite de contrato

oro y otros Guoroní; Río Chiriquí, Loma Yuca; Guayabito; Krua, Rokay Peña Blanca Kankintú, Kusapín; Ñurum y Muna Comarca Ngobe Bugle 1 23,950.87 Solicitud Solicitud

oro y otros Buenos Aires (cabecera), Agua Salud; San José ÑurumM; Cañazas Comarca Ngobe Bugle y Ver 1 9,147.53 Solicitud Solicitud

oro y otros Valle Bonito; El Paredón; El Cuay, El Plátano, El Alto, Santa Fé (cabecera) Kusapín, Ñurum y Santa Fé Comarca Ngobe Bugle y Ver 1 5,794.69 Solicitud Solicitud

oro y otros Susama, Cerro Iglesias (Cabecera), Lajero;Cerro Puerco, Maraca, Alto Caba Nole Duima; Muna Comarca Ngobe Bugle 1 16,297.09 SOLICITUD Solicitud

oro y otros San Marcelo; Remance y Los Hatillos Cañazas y San Francisco Veraguas 2 4,501.18 CONTRATO Contrato

oro y otros Peña Blanca, Maraca, Chichica (Cabecera), Roka, Sitio Prado;Buenos Aires Muna y Ñurum Comarca Ngobe Bugle 16 56,316.68 SOLICITUD Solicitud

oro y otros El Potrero, El Harino, Piedras Gordas;Guzmán La Pintada y Natá Coclé 9 29,580.66 SOLICITUD Solicitud

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6,179,000 mN

6,177,000 mN

6,178,000 mN

547,000 mE546,000 mE

546,000 mE 547,000 mE544,000 mE

543,000 mE

543,000 mE

544,000 mE6,

182,

000

mN

6,18

3,00

0 m

N6,183,000 m

N6,182,000 m

N6,181,000 m

N6,180,000 m

N545,000 mE

545,000 mE

6,17

7,00

0 m

N6,

178,

000

mN

6,17

9,00

0 m

N6,

180,

000

mN

6,18

1,00

0 m

N

RUSTRUSTRUSTRUSTRUSTRUSTRUSTRUSTRUST-A--A--A--A--A--A--A--A--A-

SHEAREDSHEAREDSHEAREDSHEAREDSHEAREDSHEAREDSHEAREDSHEAREDSHEARED

NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 EASTEASTEASTEASTEASTEASTEASTEASTEAST

CROCSCROCSCROCSCROCSCROCSCROCSCROCSCROCSCROCS

NOTAK 2NOTAK 2NOTAK 2NOTAK 2NOTAK 2NOTAK 2NOTAK 2NOTAK 2NOTAK 2

ANTLERANTLERANTLERANTLERANTLERANTLERANTLERANTLERANTLER

NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 NOTAK 3 WESTWESTWESTWESTWESTWESTWESTWESTWEST


NOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTHNOTAK 1 SOUTH


BOO-RUNBOO-RUNBOO-RUNBOO-RUNBOO-RUNBOO-RUNBOO-RUNBOO-RUNBOO-RUN

LUNCH LUNCH LUNCH LUNCH LUNCH LUNCH LUNCH LUNCH LUNCH SPOTSPOTSPOTSPOTSPOTSPOTSPOTSPOTSPOT

600 800

S c a l e 1 / 1 0 , 0 0 0

1000200 4000

m e t r e s

Spectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppmSpectrometer Assays by U ppm

500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm500 to 3,343 ppm

250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm250 to 500 ppm

100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm100 to 250 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm0 to 100 ppm

((((((((((((((((((((((((((((((((((((((((((((((((( No AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo Assay

wwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwwNo AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo AssayNo Assay

Drawn By:

Filename:

Date Drawn:

ALTIUS RESOURCES INC.

Revised By:

25-Oct-2007

25-Oct-2007

Date Revised:

Area: North-central, LAB

UTM Zone 20 (NAD 27)Projection:

NTS Sheets:

Scale:

Map Number:

13M, 09, 16

2007NotakwaononMap.wor

C. Seymour

C. Seymour

Notakwanon PropertySPECTROMETER ASSAYS (U PPM)

021/10,000

Leucocratic granite and granodiorite gneissLeucocratic granite-tonalite orthogneiss

Granitoid PlutonsNain Igneous Complex

Gabbroid PlutonsIntermediate Plutons

Olivine diabase dikes

after Hill et al. 1981, (GSNL map 81-137)

Banded tonalite gneiss

Churchill Structural Province

Geology

Proterozoic

Leucocratic granite and granodiorite gneissGabbroid Plutons

2007 Altius Geological Mapping (modified from Hill et al. 1981)

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