summary report on the adams plateau property

SUMMARY REPORT ON THE

ADAMS PLATEAU PROPERTY

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FAR RESOURCES LTD.

PREPAREDBY

CARL VON EINSIEDEL, PGEO.

AND

GEORGE NICHOLSON, P.GE0.

DATED

DECEMBER 30, 2005

TABLE OF CONTENTS

Page

SUMMARY

INTRODUCTION AND TERMS OF REFERENCE

DISCLAIMER

PROPERTY DESCRIPTION AND LOCATION

ACCESSIBILITY, CLIMATE, INFRASTRUCTURE, PHYSIOGRAPHY

GEOLOGICAL SETTING

KNOWN MINERAL OCCURRENCES IN THE SOUTH ADAMS LAKE AREA

ADJACENT PROPERTIES

DEPOSIT TYPES

HISTORY OF EXPLORATION

EXPLORATION AND DRILLING

EXPLORATION WORK COMPLETED IN 2004 and 2005

SAMPLE METHODS, PREPARATION, ANALYSIS AND SECURITY

DATA VERIFICATION

INTERPRETATION AND CONCLUSIONS

RECOMMENDATIONS

REFERENCES

AUTHORS CERTIFICATE

STATEMENT OF COSTS

LIST OF TABLES

Table 1. List of mineral claims and expiry dates

Table 2. Summary of historical drill hole results for the A2 Zone

Table 3A Geological legend to accompany Figure no.2, 4 and 5

Table 38 Geological legend to accompany Figure no.2, 4 and 5

LlST OF FIGURES

Figure 1.

Figure 2.

Figure 3.

Figure 3A

Figure 4.

Figure 5.

Figure 6.

Figure 7.

Figure 8.

Figure 9.

Figure 10.

Figure 11.

Figure 12.

Figure 13.

Regional Locator Map showing access roads

Regional Geology and Mineral Occurrence Map

Page

4

5

Historic Claim Locator Map (South Adams Lake Area) 11

Current Claim Locator Map (South Adams Lake Area) 12

Schematic Geological Cross Section of the Adams Lake area 15

Property Geology map showing location of mineralized zones 23 access roads, elevation surveys, A2 Zone IP survey grid (1984) and A2 Zone drill holes (1984-1987), gravity survey grid location

Drill Hole Location Map showing location of drill sections 24

AXL AREA - IP survey data - resistivity (from A.R. 22298) 2 5

AXL AREA - IP survey data - chargeability(fr0m A.R. 22298) 26

AXL AREA- Drill Section 1 (reproduced from A.R. 22298) 27




Gravity Survey Grid: Bouger Gravity Map (2.3 gmlcc) 32

LlST OF APPENDICES

APPENDIX 1: Memo dated July 27, 2003 from GEOSci regarding gravity modelling 36

APPENDIX 2: Memo dated May 17, 2004, SJ Geophysics regarding a gravity 47 survey at Adams Plateau

APPENDIX 3: Logistical Summary, Adams Plateau Gravity Survey, 58 MWH Geo-Surveys Inc.,November , 2005.

SUMMARY

Pursuant to an agreement dated July 25, 2003, Yale Resources Ltd. (formerly Mark-Can Investment Corp.) acquired an option to earn a 100% interest in the Adams Plateau Property, a VMS prospect (volcanogenic massive sulphide prospect) located approximately 25 kilometers north of the Trans Canada Highway in south central British Columbia. Pursuant to an option agreement dated August 15, 2005 Yale Resources Ltd. granted Far Resources Ltd. an option to earn up to 85% of Yale's interest in the Adams Plateau Property.

The property covers the western part of an area known as Adams Plateau (elevation 1800 meters a.s.1.) that is accessible via existing logging roads and four wheel drive roads. The initial property comprised approximately 2,000 hectares however, based on renewed exploration interest in the Adams Lake area the property was expanded by staking in March 2005 and now comprises 11,243 hectares.

Regional geological maps published by the British Columbia Department of Mines show that the Adams Plateau area is underlain by the Paleozoic aged Eagle Bay assemblage, a package of multiply deformed metavolcanic and metasedimentary rocks. The Eagle Bay metavolcanic rocks are of interest because they host several significant VMS occurrences, including the Homestake (also referred to as the Samatosum) and Rea Deposits located approximately 15 kilometers west of Adams Plateau. The same assemblage of rocks continues across the Adams Plateau Property and published technical reports document numerous partially explored mineral occurrences with characteristics similar to the Rea and Homestake in the vicinity of the Adams Plateau Property. Figure no.s 1. 2, 3 and 3A show the location of the property, regional geology, the original Adams Plateau Property, the expanded claim area, access roads and the locations of principal mineral occurrences.

Technical information published by the British Columbia Department of Mines Geological Survey Branch (reference publication quotes the November 30, 1987 Issue of the Northern Miner) indicates that ore reserves for the Rea Deposit were estimated at 376,000 tonnes grading 6.10 glt gold, 69.40 glt silver, 0.33% copper, 2.20% lead and 2.30% zinc. According to Spencer, 1992 (reference publication Assessment Report No.22298, page 5) the Homestake (Samatosum) deposit hosts reserves of 1.12 million tons averaging 0.04 ozlton gold, 21.22 ozlton silver, 1.16% copper, 3.2% lead and 2.89% zinc. It is important to note that the ore reserve estimates referred to in this paragraph relate to mineralized zones located 15 kilometers west of the subject property. It also important to note that these reserve figures were determined before the provisions of National Instrument 43-101 were implemented and therefore may be overstated. The quoted reserve figures are consistent with other published technical references and are believed to be accurate. The author has not made any attempt to independently verify the reserve figures. Finally, it is important to note that the information concerning mineralization identified at the Rea and Homestake deposits is not necessarily indicative of the mineralization on the property that is the subject of this technical report.

According to Spencer, 1992, the discovery of the Rea Deposit in the mid. 1980's and the publication of a government map outlining a belt of volcanic rocks with potential to host additional VMS deposits sparked extensive exploration in the region. Prior to the mid

1980's intermittent exploration work identified several sulphide occurrences in the northern part of the subject property however no systematic exploration had been carried out.

Between 1984 and 1987 Adams Silver Exploration carried out extensive exploration work in the Adams Plateau area including trenching, sampling, geophysical surveys and diamond drilling. This work was designed to evaluate potential extensions of previously identified sulphide mineralization in the northern part of the present claim area (referred to as the Elsie - Lucky Coon Zone) and also to evaluate sulphide mineralization identified in the southern part of the present claim area (referred to as the AXL Zone). In a report dated February 20, 1992, Spencer concluded that the central part of the AXL area, referred to as the A2 Zone, warrants additional exploration.

In 1997 Adams Silver Exploration allowed the claims covering the Adams Plateau area to lapse and the property was acquired by Carl von Einsiedel of Vancouver, British Columbia.

The most current technical data available for the A2 Zone consists of B.C. Department of Mines Assessment Report Nos 21 158, 21570 and 22298 prepared by B. Spencer, in 1991 and 1992. These reports describe an IP survey completed in 1984 and include summaries of drill hole analyses for a total of 12 drill holes which were drilled between 1984 and 1987 to test a chargeability anomaly identified by the IP survey.

According to Spencer, 1992, "Based on the geochemical analyses of diamond drill core, a mineralized rhyolite tuff unit has been defined which extends for over one kilometer in strike length, averages 17 meters in width and has an average metal content of 498 ppm. copper, 663 ppm. lead and 1,646 ppm. zinc." Spencer further notes that: "The alteration, mineralization and structure of the A2 Zone is similar to what could be anticipated in an area peripheral to a major volcanogenic massive sulphide deposit. Considering the gentle dip of the zone and the flat topography of the area further down dip exploration of the zone does not involve excessive incremental exploration costs. Further exploration of this zone by deeper drilling is, in my opinion, clearly warranted."

A review of the technical data regarding the A2 Zone carried out by the author during July 2002 supported the interpretation presented by Spencer. The Adams Plateau Property covers a northeast trending geological structure referred to as a synform or syncline (referred to as the Nikwikwai syncline). The known mineralization in the northern part of the property (Elsie-Lucky Coon Zone) occurs along the upper limb of the fold structure while the mineralization at the A2 Zone occurs along the lower limb of the fold structure. Although extensive shallow drilling has been carried out along the upper limb of the fold structure there has been relatively minimal drill testing along the lower limb of the fold structure. Figure No.4 is a schematic geological cross section which shows the possible down dip extensions of the AXL-A2 Zone.

Based on the geological descriptions provided by Spencer, it appears that the mineralization intersected in drill holes at the A2 Zone closely resembles the mineralization associated with the Rea and Homestake Deposits. For comparison .purposes the descriptions of these deposits that were published by the British Columbia Department of Mines (Report 1987-2) are included in the section titled "Known Mineral Occurrences in the South Adams Lake Area".

Based on the fact that potential extensions of the AXL - A2 mineralized zone may be present down dip of the mineralization tested by previous operators the author recommended completion of a gravity survey and a limited drilling program. The estimated cost of the program was $1 55,000.00.

During March and April 2004 Yale Resources Ltd. completed a 2.2 kilometer by 2.9 kilometer grid that covered the potential down dip extensions of the AXL - A2 area. Interpretation of the survey results by independent geophysicist, Trent Pezzot of SJ Geophysics Ltd., indicated a high priority target area in the south eastern part of the survey grid. It was noted however that extending the coverage to the east of the area of interest was recommended. During September and early October, 2005, Far Resources Ltd. extended the survey coverage and confirmed the presence of the positive gravity anomaly identified during the 2004 survey..

The original gravity survey proposal prepared by Trent Pezzot dated July 27, 2003 is attached as Appendix 1. The interpretation of the gravity survey work completed by Yale Resources in 2004 and interpreted by SJ Geophysics is attached as Appendix 2. The interpretation of the gravity survey work completed during September and October of 2005 by Far Resources Ltd. is attached as Appendix 3.

Based on the results of the exploration work completed to date it is recommended that Far Resources complete a staged program of geological work and drill testing to assess the expanded claim area and evaluate the gravity anomaly. The estimated cost of the initial exploration program is $115,000.00. In the event that drilling confirms the presence of significant VMS style mineralization a follow-up program of additional diamond drilling would be warranted (at an estimated cost of $240,000).. It is the author's opinion that, based on the results of previous exploration the proposed work program is justified.

Kev Town

City

1 Access roads

a Property Outline

0 10km scale

Note: map from http:llwebmap.em.gov.bc.calmapplacelminpotl bcgscfm

Adams Plateau Pro~ect

REGIONAL LOCATOR MAP

SHOWING ACCESS ROADS

Date: 2005 12 04 Figure No: 1

Table 3A - Leaend to accompanv Figure No. 2 ,4 & 5

DEVONO-MISSISSIPPIAN AND OLDER PARAUTOCHT~ONOUS ROCKS (EBP TO ma)

EAGLE BAY FORMATION (EBP TO EBG)

MISSISSIPPIAN

EBP DARK GREY PHYLLITE AND SLATE WITH INTER- = BEDDED SILTSTONE, SANDSTONE, AND GRIT; MINOR AMOUNTS OF CONGLOMERATE, LIME- STONE, AND METATUFF; =-LIMESTONE; K P v - METAVOLCANIC BRECCIA AND TUFF

DEVONIAN AND/OR MISSISSIPPIAN

EBF LIGHT TO MEDIUM GREY, RUSTY WEATHERING FELDSF'ATHIC PHYLLITE AND FRAGMENTAL PHYL- LlTE DERIVED FROM INTERMEDIATE TO FELSIC TUFF AND VOLCANIC BRECCIA; MINOR AMOUNTS OF DARK GREY PHY LLITE AND SILTSTONE; E x q - LIGHT GREY MASSIVE "CHERTY QUARTZITE" , (SILICEOUS EXHALITE 7)

DEVONIAN

EBA LIGHT SILVERY GREY TO MEDIUM GREENISH GREY SERICITE-QUARTZ PHYLLITE AND SERICITE- CHLORITE-QUARTZ PHYLLITE DERIVED FROM FELSIC TO INTERMEDIATE VOLCANIC AND VOL- CANELASTIC ROCKS INCLUDING PYRITIC, FELD- SPATHIC, AND COARSELY FRAGMENTAL VARIETIES; LESSER AMOUNTS OF DARK GREY PHYLLITE. SILTSTONE. AND GREEN CHLORlTlC PHYLLITE: INCLUDES BIOTITE-FELDSPAR-QUARTZ SCHIST AN0 GNEISS, BIOTITE-QUARTZ HORNFELS AND AMPHIBOLITE ADJACENT TO BALDY BATHOLITH; EEf-FELDSPAR PORPHYRY, FELDSPATHIC PHYL- LlTE, PYRITIC SERICITE-FELDSPAR-QUARTZ PHYL- UTE, METAVOLCANIC BRECCIA; Emi-SERICITIC QUARTZO-FELDSPATHIC SCHIST AND GNEISS DE- RIVED FROM FELSIC INTRUSIVE ROCKS; E B u - UNDIVIDED EBA and EBAi

DEVONIAN (7) AND/OR OLDER (7) (UNITS EBU TO EBG)

DEVONIAN (7) AND/OR OLDER (7) (UNITS EBU TO EEG) (CONTINUED)

EBL CALCAREOUS BLACK PHYLLITE. DARK GREY LIMESTONE AND ARGILLACEOUS LIMESTONE

EBS GREY AND GREEN PHYLLITIC SANDSTONE AND GRIT. PHYLLITE. AND QUARTZITE; LESSER AMOUNTS OF LIMESTONE, DOLOSTONE, GREEN CHLORlTlC PHY LLITE, SERICITE-QUARTZ PHY LLITE, AND FELDSPATHIC SERICITE-QUARTZ PHYLLITE; EL%- LIGHT GREY TO WHITE QUARTZITE: EXSC-LIME- STONE, DOLOSTONE, MARBLE; Em-GREENSTONE, PILLOWED METABASALT, CHLORlTlC PHYLLITE; Emq-CONGLOMERATE: W G R E Y PHYLLITE AND SILTSTONE; Et-SIDERITE-SERICITE-QUARTZ . PHYLLITE AND FELDSPATHIC PHYLLITE IMETA- TUFF); EM-PYRITIC SERICITE-QUARTZ PHYLLITE AND CHLORITOID-SERICITE-QUARTZ PHYLLITE

MEDIUM TO DARK GREEN CALCAREOUS CHLORITE SCHIST AN0 FRAGMENTAL SCHIST DERIVED LARGE- LY FROM MAFlC TO INTERMEDIATE VOLCANIC AND VOLCANICLASTIC ROCKS; LESSER AMOUNTS OF LIMESTONE AND DOLOSTONE; MINOR AMOUNTS OF OUARTZITE. GREY PHYLLITE, AND SERICITE- QUARTZ PHYLLITE; EEc-LIMESTONE, DOLO- STONE, MARBLE; EE~-TSHINAKIN AESTONE MEMBER-MASSIVE, LIGHT GREY FINELY CRYSTAL- LINE LIMESTONE AND DOLOSTONE: EEs-DARK TO LIGHT GREY SILICEOUS ANOlOR GRAPHITIC PHYLLITE. CALCAREOUS PHYLLITE, LIMESTONE, CALC-SILICATE, CHERTY QUARTZITE; MlNOR AMOUNTS OF GREEN CHLORlTlC PHYLLITE AND SERICITE-QUARTZ PHYLLITE; Ex@-LIGHT TO MEDIUM GREY QUARTZITE; EBp-DARK GREY PHYLLITE. CALCAREOUS PHYLLITE A N 0 LIME- STONE; MINOR AMOUNTS OF RUSTY WEATHERING CARBONATE-SERICITE-QUARTZ PHYLLITE (META- TUFF 7); EEg-POLYMICTIC CONGLOMERATE

LIGHT TO DARK GREEN CHLORlTlC PHYLLITE, DARK GREY PHYLLITE AND SILTSTONE, LIME- STONE. QUARTZITE

SPAPILEM CREEK-DEADFALL CREEK SUCCESSION (SWI GREY AND GREEN VESICULAR AND PILLOWED METABASALT, GREENSTONE, CHLORITE SCHIST; MINOR AMOUNTS OF BEDDED CHERT, SILICEOUS PHYLLITE AND FINE-GRAINED QUARTZITE

BANDED LIGHT GREY AND GREEN ACTINOLITE- QUARTZ SCHIST AND EPIDOTE-ACTINOLITE- QUARTZ ROCK; LESSER AMOUNTS OF GARNET- EPIDOTE SKARN, CHLORlTlC SCHIST, AND SERICITE- QUARTZ SCHIST

LOWER CAMBRIAN (7) AND/OR HADRYNIAN (7)

rH LIGHT TO DARK GREY QUARTZITE, MICACEOUS QUARTZITE, GRIT. AND PHYLLITE; LESSER AMOUNTS OF CALCAREOUS PHYLLITE, CARBONATE, AND GREEN CHLORlTlC SCHIST; NORTHEASTERN EX- POSURES INCLUDE STAUROLITE-GARNET-MICA SCHIST, CALC-SI LICATE SCHIST, AND AMPHIBOLITE

Table 3B - Leaend to accomDanv Fiaure No. 2 ,4 & 5

SYMBOLS

GEOLOGICAL CONTACT: DEFINED, APPROXIMATE, ASSUMED. . . . . .---. __,- ..---.. BEDDING, TOP KNOWN: INCLINED, OVERTURNED . . . . . . . . . . . . . . . . . . . . . . . -+

. . . . . . . . . BEDDING, TOP UNKNOWN: HORIZONTAL, INCLINED, VERTICAL. . + A

FACING DIRECTION OF PILLOWED BASALT: INCLINED.0VERTURNED A & . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

SYNMETAMORPHIC SLATY CLEAVAGE, SCHISTOSITY, OR GNEISSOSITY: HORIZONTAL, INCLINED, VERTICAL. . . . . . . . . . . . . . . . . . .+ "

MINERAL LINEATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ---+

POSTMETAMORPHIC CRENULATION CLEAVAGE. ty* INCLINED, VERTICAL . . . . . . . . . . . . . . . . . . . . . . . . . . . ., . . . . . . . . . . . . .

'XENULATION LINEATION -+ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

MESOSCOPIC FOLD AXIS: SYNMETAMORPHIC, POSTMETAMORPHIC. LATE KINK . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ++-+++

AXtAL TRACE OF SYNMETAMORPHIC FOLD: OVERTURNED ANTCLINE, OVERTURNED SYNCLINE; ESTABLISHED, INFERRED . . .

A X I A L TRACE OF POSTMETAMORPHIC FOLD: ANTIFORM, SYNFORM. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ++

LATER (SYN OR POSTMETAMORPHISM) WEST TO SOUTHWESTERLY DIRECTED THRUST FAULT; TEETH O N UPPER PLATE: - LL L A . . . . . . . . . . . . . . . . . . . . . . DEFINED. APPROXIMATE, ASSUMED

EARLY (PRE FOLDING AND METAMORPHISM) EASTERLY DIRECTED THRUST FAULT; TEETH ON UPPER PLATE: DEFINED, APPROXIMATE, ASSUMED - - & A . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

FAULT; DOT ON DOWNTHROWN SIDE, ARROWS INDICATE SENSE OF STRIKE SLIP MOVEMENT: DEFINED, APPROXIMATE, ASSUMED ( --*- ..-----. . . . . . . . . . . . . . . . . . . . . . . . -

':ONODONT FOSSIL LOCALITY: MISSISSIPPIAN, PENNSYLVANIAN, PERMIAN . . . . . . . . . . . . . . . . . . . . . . . a@@

LOCATION OF RADIOMETRICALLY DATED SAMPLE (Pb/U ON ZIRCONS AND Rb/Sr WHOLE ROCK): INDICATE A DEVONIAN AGE FOR UN lT EBA AND FOR UNlT I F p . . 0 . . . . . . . . . . . . . . . . . . . . . .

~ ~ I I N E R A L OCCURRENCE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ..' ....... ....... LIMIT OF GEOLOGICAL MAPPING OR OUTCROP.. . . . . . . . . . . . . . . . . . . . .

E E' LINE OF GEOLOGICAL CROSS-SECTION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .L------l

1OOG. . . . . . . . . . . . . . . . . . . . . . 'I'3POGRAPHICAL CONTOUR (200-METRE INTERVAL)

INTRODUCTION AND TERMS OF REFERENCE

G. Nicholson, P.Geo. (B.C.) of Vancouver, B.C., was retained by Yale Resources Ltd. (formerly Mark Can Investment Corp) a TSX listed public company based in Vancouver, British Columbia and Far Resources Ltd. to prepare an independent technical report on previous exploration and if warranted, to recommend an exploration program on the Adams Plateau Property, south central British Columbia.

This report was prepared in accordance with National Instrument 43-101. This report is based on a review of published B.C. Department of Mines Assessment Reports and geological reports, a review of technical reports by independent geophysicists regarding the gravity survey work completed by Yale Resources Ltd. and Far Resources Ltd and was supported by site visits on July 7, 2002 and September 25, 2005..

During July 2002 the author completed a review of the subject property for RCOM Ventures Inc. and prepared a technical report titled "Summary Report on the Adams Plateau Property" dated July 15, 2002. During August 2003 the author reviewed the technical work completed by RCOM Ventures Inc. and prepared a technical report dated August 27, 2004. This technical report summarizes exploration work completed by Yale Resources Ltd. and Far Resources Ltd. for the period ended November 30,2005.

DISCLAIMER

Nicholson has assumed that all the information and technical reports listed under "References" are accurate and complete in all material respects. Although Nicholson has carefully reviewed this information, he has not conducted independent corroborative analyses to confirm previous geophysical and drill assay data. He has not conducted an independent legal search to verify validity of title to the claims listed under "Property Description".

PROPERTY DESCRIPTION AND LOCATION

The Adams Plateau Property is located in the Kamloops Mining District in the Province of British Columbia. The original Adams Plateau property consisted of 81 claim units comprising a total area of 20.25 square kilometers. Based on renewed exploration interest in the Adams Lake area the Property was expanded by staking in March 2005 and now comprises 11,234 hectares. Table I lists the mineral tenure numbers which replace the former Adams Plateau mineral claims and also lists the new expansion claims.

The geographic centre of the property is UTM 11 5657518N and 315977E, NTS Map sheet 82M04E.

Figure No.1 shows the location of the property and the location of access roads in relation to the Trans Canada Highway and the communities of Chase and Salmon Arm. Figure no.3 is a copy of the BC Department of Mines Mineral Tenure Maps for the Adams Lake area and shows each of the original claims which comprised the Adams Plateau property. Figure 3A is the current B.C. Ministry of Energy and Mines claim map for the Adams Lake area and shows all of the current mineral claims which comprise the expanded Adams Plateau Property. This figure covers the same area as the regional geological map (Figure No.2) and shows the mineral claims covering the other known mineral occurrences in the Adams Plateau area.

It is important to note that a portion of the subject claim comprising approximately 5 claim units which was not formerly included within the Adams Plateau Property (referred to in the report dated August 27, 2003) is now included within the subject claim area

Pursuant to an agreement dated for reference June 15, 2003 and amending agreements dated September 30, 2003 and June 30, 2004 Yale Resources Ltd. (formerly Mark Can lnvestment Corp.) acquired an option to earn a 100% in the Adams Plateau Property. To earn the interest Yale Resources Ltd. (formerly Mark Can lnvestment Corp.) must make a cash payment of $10,000 within 60 days following the date that this agreement is accepted for filing with the TSX Venture Exchange and must carry out $150,000 in exploration expenditures on the claims on or before June 30, 2004. Mark Can lnvestment Corp. must also make a $50,000 payment on or before June 30, 2005. On completion of the cash payments and work commitments Mark Can lnvestment Corp. will have earned a 100% interest in the Adams Plateau property subject to a 1% N.S.R. Mark Can lnvestment Corp. may purchase up to one half of the Royalty for $600,000.00 in cash. Pursuant to the amending agreements Yale Resources has the option of making staged payments totalling $60,000 by June 30, 2007 and by incurring exploration expenditures of $150,000 by September 30, 2007.

Pursuant to an agreement between Yale Resources Ltd. and Far Resources Ltd. Far can earn a 70% interest by in the Adams Plate4au Property by making cash payments to Yale totalling $45,500 issuing 550 shares in stages and by incurring $875,000 in exploration expenditures over four years. Far can earn an additional 15% interest in the Adams Plateau Property by issuing 500,000 additional shares to Yale and by producing a feasibility study within an additional four years.

Table 1: List of mineral tenures for the Adams Plateau Property

Adams Plateau Property (August 27,2003 )

Tenure No.. 357078 357077 3641 28 357073 357074 357075 357076 5081 56 5081 57 5081 58 5081 59 508 160 508161 5081 62 5081 63

Area (ha.) 25.000 25.000 25.000 25.000 25.000 25.000 25.000

507.974 71 0.659 325.089 446.865 182.806 40.616 20.308

121.827

Expiry date 1011 I2006 101112006 1011 I2006 1011 I2006 101112006 1011 12006 1011 I2006 1011 /ZOO6 1011 I2006 1011 I2006 1011 I2006 1011 /ZOO6 1 01112006 10/1/2006 1011 I2006

sub-total: 2,530.964 (ha.)

Adams Plateau Property (expansion claims March 2005 )

su b-total 8,712.418 (ha.)

Registered Owner Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel

Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel Carl VonEinsiedel

Total area of Adams Plateau Claim Group 11,243.382 hectares.

W I R * L m u m -- -.a- -- "A"

w.." rl- -..,- -7 -.-. x*, ..?+. .-.c. -u - - "."":ca -,- +_.1:

me..-

Adams Plateau Project

HISTORIC CLAIM MAP SHOWING ORIGINAL ADAM PLATEAU PROPERN (2003)

4ND EXPANDED CLAIM BOUNDARY (2005)

late: 2005 12 04 Figure No: 3

YALE RESOURCES LTD

Adams Plateau Pmiect

CURRENT BC MINISTRY OF ENERGY AND MINES MINERAL TENUREMAP

late' 2005 12 04 Flgure ko' 3A

" - i

All of the subject claims are un-surveyed and are maintained by the annual completion of assessment work in eligible exploration expenditures or the payment of that amount of cash in lieu of exploration work.

No exploration work involving surface disturbance can be conducted in British Columbia without a work approval from the British Columbia Department of Mines. In general a bond equivalent to the cost of any environmental remediation work must be provided to the Ministry of Energy and Mines in advance of any exploration work.

There are no current work approvals in effect however, considering the extensive historic exploration in the Adams Plateau area Nicholson does not anticipate any unreasonable difficulties in obtaining the required work approvals. Nicholson is not aware of any outstanding environmental remediation work or other environmental liabilities required on the property.

ACCESSIBILITY, PHYSIOGRAPHY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE

The Adams Plateau Property is located 70 kilometers north east of the city of Kamloops in south central British Columbia. Access is via a network of logging roads and four wheel drive roads on the east side of Adams Plateau accessible from the community of Chase on the Trans Canada Highway (Highway No.1).

The property covers the gentle topography of the Adams Plateau on the divide between Adams Lake and Shushwap Lake. The elevation of the plateau is approximately 1600 - 1800 meters a.s.1. The plateau is bounded by moderately steep slopes on the east, west and south sides. The vegetation on the plateau consists of alpine spruce forest and second growth forest interspersed with wetlands, marshes and open grassed areas. Logging is ongoing east and north of the property and road access has been improved by a network of haulage roads. The climate is characterized by warm summers and only moderately cold winters although snowfall can be very heavy.

Figure No.5 is a detailed view of the property showing all of the existing access trails and four wheel drive roads which cover the subject property. Figure no. 6 is an orthophoto map showing the location of the 12 drill holes which were drilled to test the AXL A2 Zone by Adams Silver Exploration Ltd.

There is sufficient water for exploration purposes in Nikwikwai Lakes and various small creeks draining the wetland areas of the plateau.

GEOLOGICAL SETTING

The regional geology of the Adams Plateau area was compiled by Schiarizza and Preto, I984 (British Columbia Department of Mines Paper No:1987-2). This compilation includes a detailed description of the known mineral occurrences in the vicinity of the subject property and also includes a detailed geological map which is reproduced in Figure 2 of this report. A summary of the description of each of the mineral occurrences shown on the compilation map is included in the section titled Mineral Occurrences Known mineral occurrences

This area is underlain by metamorphosed volcanic and sedimentary rocks of the Devonian-Mississippian aged Eagle Bay Formation. This belt of rocks trends southeast from Barrier to Adams Lake and then swings to the northeast east of Adams Lake. These rocks have been folded and cut by low angle thrust faults with the result that correlation of specific units is difficult.

The map published by Schiarizza and Preto indicates that the Homestake (Samotosun) and Rea deposits are in the same structural plate and in similar lithologies as the rocks underlying the Adams Plateau property.

KNOWN MINERAL OCCURRENCES IN THE SOUTH ADAMS LAKE AREA

The following description was reproduced from the technical report published by Schiarriza and Preto, 1987. The number shown on Figure 2 refers to the number which prefaces each of the following descriptions.

Occurrence No.21: Twin Mountain

The Twin Mountain showing consists of sulphide-bearing quartz-carbonate-barite lenses within a conformable zone of relatively pyritic and calcareous chlorite-sericite-quartz schists of Unit EBG. The area was first staked in 1936 and the mineralized zone was traced for almost 1400 meters through 12 trenches. Further work was carried out in the early 1950's when two exploration tunnels were driven and also in the late 1960's when geochemical soil sampling outlined a zone anomalous in lead and zinc extending over 4.5 kilometers and co-incident with the exposed mineralization. The ground was restaked in 1980 and subsequently optioned to Falconbridge Copper (now Minnova Inc.)

The mineralization occurs within a conformable east dipping zone of grey pyritic and calcareous chlorite-sericite-quartz schists enclosed within darker green chlorite schists of unit EBG. The zone is several meters to more than 10 meters wide and has been traced through intermittent exposure with variable mineralization for a strike length of more than 4 kilometers. Galena-sphalerite-pyrite-chalcopyrite mineralization occurs in carbonate-quartz-barite lenses which are concordant to foliation in the enclosing schists. The lenses range up to several meters in thickness and locally display considerable pinch and swell. Precious metal values are generally low although a 1936 sample apparently yielded 17 grams gold per tonne across 60 centimeters (Minister of Mines Annual Report dated 1936, page D39).

- Adam's Plateau Property - -#--\

-*e4 / -

1 . / Approximate position of A2 mineralized zone

/ Target area of proposed Phase 1 gravity survey

note 1 : For geological legend see table 3.

Adarns Plateau Proiect

SCHEMATIC GEOLOGICAL CROSS SECTION OF THE ADAM'S LAKE AREA

Date: 2005 12 04 Figure No: 4

The presence of barite at the Twin Mountain showing is of particular interest; elsewhere in the map area it is known only in association with volcanogenic massive sulphides at Homestake and Rea. This, together with the extensive conformable strike length of the mineralized zone, has promoted speculation that the mineralization, previously referred to as a vein system, may be the product of an exhalative system associated with the volcanic rocks of unit EBG. Comparison with Homestake and Rea is tenuous however, since the rocks which host these deposits are inferred to be separated by a thrust fault from the overlying Unit EBG rocks.

I Occurrence No.22: Rea

The Rea massive sulphide deposit was discovered in 1983 by prospectors A. Hilton and R. Nicholl, both of Kamloops, B.C. and optioned to Falconbridge Copper (now Minnova Inc.). Drilling carried out in 1983 and 1984 indicated possible reserves of 136,080 tonnes grading 14.74 glt gold, 120 glt silver, 3.6% zinc, 3.1 % lead and 0.7% copper. More recent technical data published by the British Columbia Department of Mines (1 987) indicates that ore reserves for the Rea Deposit were estimated at 376,000 tonnes grading 6.10 glt gold, 69.40 glt silver, 0.33% copper, 2.20% lead and 2.30% zinc.

The Rea deposit sulphides occur within an overturned panel of Unit EBF metalvolcanic and metasedimentary rocks which dip at moderate angles to the northeast. The mineralization occurs mainly in two massive sulphide lenses approximately 200 meters apart and at the same stratigraphic level. Sulphide minerals include pyrite, sphalerite, galena, arsenopyrite, chalcopyrite and tetrahedrite-tennantite. The sulphides are structurally overlain by a thin felsic tuff and exhalative tuff sequence which is in turn structurally overlain by a thicker sequence of relatively mafic tuffs. These rocks display pyrite and sericite alteration, silicification, and local carbonatization and sodium enrichment characteristic of footwall alteration and feeder zones. Locally the sulphides are underlain by massive barite and by mafic tuffs which grade downwards into a sequence of argillites, siltstones and coarse wackes.

The overturned fragmental volcanics and metasediments at the Rea prospect belong to Unit EBF while mafic volcanic rocks exposed several hundred meters northeast of the prospect are assigned to unit EBG. According to the present interpretation, Unit EBG is in thrust contact with the underlying rocks of Unit EBF and the Rea deposit occurs within overturned Unit EBF rocks beneath this thrust.

Occurrence No.23: Homestake (Samatosum)

Homestake (Samatosum) is a polymetallic base and precious metallbarite deposit within Unit EBA. The mineralization was discovered in 1893 and underwent intermittent development until it was acquired by Kamad Silver in 1968. Reserve estimates vary but range up to about 1,000,000 tonnes grading 200 glt silver, 2.5% lead, 4.0% zinc, 0.5% copper and 28% barite. According to Spencer, 1992 the Homestake (Samatosum) deposit hosts reserves of 1.12 million tons averaging 0.04 ozlton gold, 21.22 ozlton silver, 1.16% copper, 3.2% lead and 2.89% zinc.

The Homestake deposit occurs near the top of a bleached, rusty weathering zone of pyritic sericite quartz schist which can be traced within Unit EBA for most of the distance between Johnson Creek and Squaam Bay. The schistosity and compositional layering dip at shallow to moderate angles to the northeast into the hillside. Mineralization, as

described in Minister of Mines Annual Reports (1927, 1936) occurs mainly in two tabular horizons generally separated by 4 to 5 meters of schist. The lower horizon consists mainly of barite which contains thin sulphide laminae. &ranges from less than one meter to several meters in thickness and generally comprises several barite bands separated by layers of schist. The upper horizon, usually less than a meter thick, contains most of the sulphides and silver mineralization. It consists of alternating bands of metallic minerals, barite and quartz sericite schist which are cut by veins and lenses of quartz. The metallic minerals include tetrahedrite, galena, sphalerite, pyrite, chalcopyrite, argentite, native silver and traces of ruby silver and native gold.

I Occurrence No.24, 25: Beca

i The Beca showings, located on the east side of Adams Lake southeast of Squaam Bay, 1 1 and the Joe showing approximately 2.5 kilometers further south along the lakeshore I consist of conformable sulphide lenses within northerly dipping phyllite and schist of Unit 1 EBA. The Beca showing has been known since at least 1926 (Minister of Mines Annual

Report 1926, page A186) when 5 tonnes of ore which yielded 31 grams of gold, 2,395 1 grams of silver and 1,498 kilograms of lead were reportedly shipped from the property.

The showings occur within a medium green, relatively chloritic phase of Unit EBA which locally contains lighter coloured siliceous clasts. The main mineralized zone consists of massive pods and lenses within a rusty siliceous schist which is about 0.5 meters thick where it is exposed at the mouth of a caved adit. The sulphides include pyrite, galena, sphalerite, arsenopyrite and chalcopyrite; three samples from this lens averaged 16.46 grams per tonne gold, 342.82 grams per tonne silver, 1.9% lead, 1.3% zinc and 0.8% copper. (Wojdak, 1977: Assessment report No.6680).

Occurrence No.26 - 31: Elsie, Lucky Coon, King Tut, Spar, Pet, Mosquito King

These showings comprise stratabound sulphides of silver, lead and zinc which occur within the metasedimentary rocks of Unit EBGs. Occurrence No.s 26, 27 and 28 are located along the upper limb of the Nikwikwaia synform on Adams Plateau. Occurrence no.s 29, 20 and 31 are situated in the eastern part of Adams Plateau approximately 10 kilometers east of the Adams Plateau Property.

The Adams Plateau showings occur within a dominantly metasedimentary succession (EBGs) of siliceous andlor graphitic phyllite, calcareous phyllite, streaky banded calc- silicate rock, limestone and quartzite. The metasediments are enclosed by chloritic schist and greenstone (Unit EBG) which lie stratigraphically beneath them and are intruded by abundant dykes and sills of quartz feldspar porphyry as well as by dykes of dark grey diabase.

Mineralization is generally hosted by siliceous to graphitic phyllite which may be intercalated with argillaceous limestone or calc silicate rocks. The mineralization comprises layers, lenses and pods of semi-massive to massive sulphides, usually within a siliceous gangue. The dominant sulphides are pyrite, galena, sphalerite and chalcopyrite; pyrrhotite is common on the eastern part of the plateau while arsenopyrite, tetrahedrite and argentite occur in the Lucky Coon area. The sulphide horizons are locally well banded and conformable to the schistosity and, where observed, bedding in

the host rock. A characteristic and perplexing feature of the sulphide horizons is their discontinuity and marked variability in width (from a few centimetres to as much as a few meters) along strike lengths which are in excess of several hundred meters in places. Much of this variation may be due to intense deformation. G. Dickie (in press) has noted that the sulphide horizons thicken in the hinge zones of both isoclinal, recumbent northeast to southwest plunging synmetamorphic folds, and upright east trending post metamorphic folds. He suggests that exploration should be directed toward linear plunging sulphide bodies localized and thickened in medium scale fold hinges.

ADJACENT PROPERTIES

For reference it should be noted that the claims which protect Occurrence No.s 24 and 25 referred to as the Beca and Joe showings adjoin the western boundary of the Adams Plateau Property but do not form part of the Adams Plateau Property.

For reference it should also be noted that the claims which protect Occurrence No.s 29- 31 referred to as the Spar, Pet and Mosquito Propsects adjoin the southeastern boundary of the Adams Plateau Property but do not form part of the Adams Plateau Property

DEPOSIT TYPES

The principal exploration model for the Adams Plateau Property is a volcanogenic massive sulphide deposit ("VMS"). Technical information published by the British Columbia Department of Mines Geological Survey Branch (reference publication quotes the November 30, 1987 Issue of the Northern Miner) indicates that ore reserves for the Rea Deposit were estimated at 376,000 tonnes grading 6.10 glt gold, 69.40 glt silver, 0.33% copper, 2.20% lead and 2.30% zinc. According to Spencer, 1992 (reference publication Assessment Report No.22298, page 5) the Homestake (Samatosum) deposit hosts reserves of 1.12 million tons averaging 0.04 oz/ton gold, 21.22 oz/ton silver, 1.16% copper, 3.2% lead and 2.89% zinc. It is important to note that the ore reserve estimates referred to in this paragraph relate to mineralized zones located 15 kilometers west of the subject property. It is also important to note that these reserve figures were determined before the provisions of National Instrument 43-101 were implemented and therefore may be overstated. The quoted reserve figures are consistent with other published technical referencdh and are believed to be accurate. Paper 1987-2 published by the Geological Branch of the British Columbia Department of Mines states on p.69 that: "reserve estimates (for the Homestake Deposit) vary but range up to about 1,000,000 tons grading 200 grams per tonne silver, 2.5% lead, 4.0% zinc, 0.5% copper and 28 per cent barite. In regards to the Rea Deposit, the same publication states that: "Drilling carried out by Falconbridge Copper in 1983 and 1984 indicated possible reserves of 136,080 tons grading 14.74 grams per tonne gold, 120 grams silver per tonne, 3.6% zinc, 3.1% lead and 0.7% copper in two massive sulphide lenses (Northern Miner, March 7, 1985). Additional reserves reportedly occur in another massive sulphide lens discovered by Falconbridge in 1985 (T. Hoy personal communication, January 1986)." The author has not made any attempt to independently verify the quoted reserve figures. Finally, it is important to note that the information concerning mineralization identified at the Rea and Homestake

deposits is not necessarily indicative of the mineralization on the property that is the subject of this technical report.

According to Spencer, 1992, massive sulphide deposits which occur in a volcanogenic environment are generally elongated with the long axis influenced by structural features. A width of 170 meters and a 600 meter strike length are dimensions which have been tabulated for deposits in excess of 6,000,000 tons in the Canadian Precambrian shield rocks. Spencer also quotes reserves for Westmin Resources H.W. deposit located on Vancouver Island as an example of the potential size of this type of deposit, at 15.2 million tons averaging 0.07 ozlton gold, 1.1 ozlton silver, 2.2% copper, 0.3% lead and 5.3% zinc and states that the ore body has a width of approximately 300 meters and a strike length of 1,000 meters. It is assumed that the reserve figure quoted by Spencer combines mined ore and remaining ore reserves. The quoted reserve is consistent with technical data published by the British Columbia Department of Mines which references a publication called Exploration and Mining in B.C., page 48 which states that the Mining Reserve as at January 1999 is 6,785,800 tonnes averaging 1.5 gram per tonne gold, 36.80 grams per tonne silver, 7.90% zinc, 1.5% copper and 0.5% lead. The author has not made any attempt to independently verify the reserve figures quoted for the HW Deposit.

The alteration, mineralization and structure of the A2 Zone is similar to what could be anticipated in an area peripheral to a major volcanogenic massive sulphide deposit.

The Nikwikwaia syncline is believed to represent a significant exploration target with potential to host a structurally controlled VMS deposit. . Preliminary gravity survey modelling confirms that a structurally controlled massive sulphide deposit could be detected by conventional gravity surveys.

The A2 Zone is considered to be more important than the Elsie - Lucky Coon Mineralized Zone primarily because the mineralization is hosted in felsic volcanic rocks and therefore may be very close to a potential sulphide source. Alternatively, published technical data concerning the Elsie - Lucky Coon Zone indicates that this mineralization is hosted by metasedimentary rocks and this implies that the mineralization may be more distal or farther from the source of the sulphides.

HISTORY OF EXPLORATION

Exploration of the Adams Plateau area has been carried out intermittently since 1927 with the discovery of the Elsie-Lucky Coon massive sulphide deposits which are located approximately four kilometers northeast of the AXL A2 Zone.

According to B.C. Department of Mines Annual Reports, in 1928 the Granby Consolidated Mining and Smelting Company ("Granby") optioned the property and completed 1,043 meters of trenching, 15.9 meters of drifting and 211.6 meters of diamond drilling. Limited work was carried out until 1975 and in 1977 this prospect was mined by two small open pits. According to the B.C. Department of Mines, 1,360 tonnes of massive sulphide mineralization averaging 0.5 gramltonne gold, 194 gramltonne silver, 10.3% lead, 3.8% zinc and 0.3% cadmium was shipped to the smelter in Trail, British Columbia.

In the late 1970's regional geological mapping was initiated by the B.C. Department of Mines and this mapping outlined regional structural features and stratigraphic controls to the known lead zinc silver mineralization increasing the potential favourable ground. From 1981 until 1997 Adams Silver Resources and their joint venture partners controlled much of the Adams Plateau area and were responsible for most of the recent exploration work in the area through the 1980's.

Between 1981 and 1984 Adams Silver Resources carried out geological mapping, soil sampling, airborne and ground geophysical surveys and a total of 7,756 meters of diamond drilling in 150 holes over an eight kilometer strike length of favourable rocks in the Adams Plateau area. This work resulted in extensions of the Lucky Coon mineralized zones and the discovery of an additional mineralized zone located in the southern part of the present claim area termed the AXL Zone.

Based on a review of published B.C. Department of Mines Assessment Reports filed by Adams Silver Resources in respect of this exploration work it is noted that additional ,

work was only recommended for the AXL A2 Zone.

This report summarizes available data for the AXL A2 Zone. Additional information regarding the mineralization at the Elsie-Lucky Coon Zone is contained in the references listed in the section titled References. As noted in the preceding section the AXL A2 Zone is considered to be more prospective than the Elsie-Lucky Coon Zone.

According to Spencer, 1992 the A2 Zone represents a unique area based on the data compiled over exploration of an eight kilometer strike length of this belt. Spencer notes that the A2 Zone exhibits extensive hydrothermal alteration (sericite) which is typical of the alteration encountered in close proximity to various known VMS deposits. Exploration work in this area consists of geological mapping, an IP survey and at least 12 diamond drill holes which were drilled to test a chargeability anomaly identified by the IP survey.

Figure no.5 shows the location of the IP survey and the diamond drill holes. Figure No.6 is an ortho-photo map which shows the location of the drill holes and the location of each of the drill sections. Figure no. 7 and 8. are the published IP survey results which are included in Assessment Report No.22298. Figure no.s 9, 1'0, 11 and 12 from

Assessment Report No.2298 are diamond drill sections which show the extent of the A2 Zone mineralization.

According to Spencer, 1992, "Based on the geochemical analyses of diamond drill core a mineralized rhyolite tuff unit has been defined which extends for over one kilometer in strike length, averages 17 meters in width and has an average metal content of 498 ppm. copper, 663 ppm. lead and 1,646 ppm. zinc." Spencer further notes that: "Given the alteration, mineralization and structure of the A2 Zone is similar to what could be anticipated in an area peripheral to a major volcanogenic massive sulphide deposit. Considering the gentle dip of the zone and the flat topography of the area further down dip exploration of the zone does not involve excessive incremental exploration costs.

Exploration work in this area consists of geological mapping, an IP survey and at least 12 diamond drill holes which were drilled to test a chargeability anomaly identified by the IP survey.

Figure no.5 shows the generalized geology of the central part of the present Adams Plateau Property and the location of the IP survey and the diamond drill holes completed to test the extent of the A2 Zone. Figure No.5 also shows the location of the proposed gravity survey grid.

The following table (Table 2) lists the 12 drill holes which were drilled to test the chargeability anomaly identified by the IP survey. Mineralized intervals and analytical results are shown in the drill sections. It is important to note that Spencer, 1992, states that in some cases only portions of the mineralized zones have been analyzed.

Figure No.4 is a schematic geological cross section of the Adams Plateau Property. The target area of the gravity surveys completed by Yale Resources Ltd. and Far Resources Ltd. is indicated as a shaded rectangle.

During late 2004 and early 2005 Amarc Resources Ltd. consolidated most of the mineral claims located on the west side of Adams Lake and carried out limited diamond drilling in the area of the former Rea,. Homestake and Twin mineraljzed zones. Initial results from drilling completed in March and April of 2005 were very encouraging and included widths of up to 18.3 meters averaging 0.64 g/t gold, 163 glt silver, 0.13% copper, 0.65% lead and 1.44% zinc (DDH MX5-08). Drill Hole MX5-03 intersected a 7.20 meter interval that averaged 2.7 glt gold, 459 glt silver, 1.27% copper, 5.95% lead and 9.17% zinc. However, follow-up results from three holes drilled in September and October of 2005 did not identify projected extensions of the mineralized zones encountered in initial drilling.

EXPLORATION AND DRILLING

No drilling has been carried out on the Adams Plateau Property by Yale Resources Ltd. (formerly Mark Can Investments Corp). Results of exploration carried out by Adams Silver Resources on the A2 Zone are described in the preceding section.

The drill sections shown in Figure No.9 -12 show that the A2 zone is dipping gently to west and also indicate that the mineralized zone appears to thicken in the central part of the A2 Zone. The author has not examined any of the drill core from the drilling carried out by Adams Silver and the author is not aware if any of the subject core is available for examination.

Table 2: Summary of historical drill hole results for the AXL area - A2 Zone (reproduced from B.C. Department of Mines Assessment Report No.s 22298, 21,570)

Hole No.

7

18

19

25

26

28

32

33

Interval (m)

90.0-99.5

16.4-28.0

15.4-25.6

22.0-26.8

15.6-32.7

22.0-33.9 33.9-42.2

51.8-74.4 83.5-95.7

13.5-26.5 59.3-59.8 64.2-64.5

38.1-38.7 66.9-86.0

80.7-97.5 172.4-1 80.5

102.5-103.8 125.9-134.9

87.5-105.8

KEY 52e Drill Hole Location, Numbec

,,f/ h a t o r Map showing Main Mineral" Zones

& 8 Gravity Survey Grid 8 !

PROPERM GEOLOGY MAP SHOWlNG MAIN MINERALIZED ZONES. ACCESS

ROADS. ELEVATION SURVEYS, A2 ZONE IP SURVEY AND DRILL HOLES (1984-7).

GRAVITY SURVEY GRID (2004,2005)

0 lk. d Date: 2003 12 04 Figure No: 5

YALE RESOURCES LTD.

A d a m Plateau Proect

DRILL HOLE LOCATION MAP SHOWING LOCATION OF

DRILL SECTIONS (FIGURES 9-12) 11 Date: 2005 12 04 Figure No: 6

I AXL GRID IP SURVEY DATA. 1

MIIJ GRID ST SECTIOTll Po!e d;pole IP $save RiSISTIVITY t i = Y

L I E 2200U [NORTH EtBl N = I u; ole Scparalion 25 Meters

L ; m !~OG!J 11Jorth End) SO i(e!sr C I florth o f PIP2

I IT: -,-. -- Date: 2005 12 04 FIGURE 7

AXL GRID IP SURVEY DATA. I

Date: 2005 12 04 1 FIGURE 8 I

-

- 1850 m elev. SOUTH

~ h y o l i f ~ r u f f s

f NOR7 H -

e -

--.

I

DATE 02/20/92 DWG. No.

Reproduced From Dept. Of Mines Assessment Report No. 22298 SCALE. I : 1000 SECTION 1 - -- -

I , , Cu, Pb,Zn fppm)

PJ .A Not assayed

- 1750 m elev

SECTION 32-33 W

NORTH c r) - 185C m eiev SOUTH

-

\

- 1750m elev

N A , [Jot ossoyed

Reproduced From Dept. Of Mines Assessment Re~ort No. 22298

RELATED DWGS 1

OR REVISIONS -

SECTION 34-35 W I

- 1850 m elev. SOUTH

Cu, Pb , Zn (ppm)

N .& Nor ossoyed

RELATED DWGS OR REVISIONS

YALE RESOURCES LTD.


SECTION 36-37 W

b

Reproduced From Dept. Of Mines Assessment Report No. 22298 FIGURE11 DATE 02/20/92

SCALE 1 : 1 ~

DWG. N ~ .

SECTION 3

Line 32 WEST Line 41

Rhyolite tuffs I GI -Greenstone

C C C ~ C - i Rhyolite tuffs - -

J 5% 779,596

A 2 - Mineralized tuffs - - . - - - . !Z, Z*,Go I -I

Rhyolite flows t .

Bwndory of strong Sericite alterorion

Foul! RELATED DWGS OR REVISIONS

Cu, Pb, Zn (ppm)

Not ossoyed


LONGITUDINAL SECT ION A 2 ZONE I SCALE (metres)

0 100 200 t~orizontal - DATE 02/20/92 DWG, NO,

I* S C A L E : O S S ~ ~ SECTION 4

0 i2? 40 Vertical I

Reproduced From Dept. Of Mines Assessment Report No. 22298

,=-

EXPLORATION WORK COMPLETED IN 2004 AND 2005 L

During March and April 2004 Yale Resources Ltd. completed a 2.2 kilometer by 2.9 kilometer grid that covered the potential down dip extensions of the AXL - A2 area. Interpretation of the survey results by independent geophysicist, Trent Peuot of SJ Geophysics Ltd., indicated a high priority target area in the south eastern part of the survey grid. It was noted however that extending the coverage to the east of the area of interest was recommended. During September and early October, 2005, Far Resources Ltd. extended the survey coverage and confirmed the presence of the positive gravity anomaly identified during the 2004 survey..

The original gravity survey proposal prepared by Trent Peuot dated July 27, 2003 is attached as Appendix 1. The interpretation of the gravity survey work completed by Yale Resources in 2004 and interpreted by SJ Geophysics is attached as Appendix 2. The interpretation of the gravity survey work completed during September and October of 2005 by Far Resources Ltd. is attached as Appendix 3. Figure 13 shows the target area identified by the gravity survey.

SAMPLE METHODS. PREPARATION ANALYSES AND SECURITY

Analytical procedures for drill core analyses are included in Appendix 1 of Assessment Report No.21570. This appendix lists the Laboratory which conducted the drill core analyses as.Eco-Tech Laboratories of Kamloops, B.C. Drill core samples were crushed to -80 mesh and dissolved in a hot aqua regia solution and then analyzed by standard atomic absorption techniques. Nicholson has not reviewed any of the original assay certificates for the drill hole results presented in Table 2. These analytical results are based on published technical reports and are believed to be accurate.

To confirm that the assay method is accurately described in Assessment Report No.21570 the author contacted ECO Tech Laboratories. The assay certificate was forwarded to Eco Tech on August 2oth, 2003 and the laboratory confirmed that the analytical method was accurately described. None of the existing data specifically discusses quality control measures or data verification. However, drill sample results are consistent with the mineralogical descriptions for the mineralized zones provided in the text of the source reports. Nicholson has no reason to suspect the credibility of the published analytical data.

DATA VERIFICATION

None of the drill core from the drilling at the AXL - A2 Prospect is available for viewing on site. The author was not able to verify the reported however drill sample results are consistent with the mineralogical descriptions for the mineralized zones provided in the text of the source reports. Nicholson has no reason to suspect the credibility of the published analytical data.

/

.$

@ / +/ A- *

A 2005 Stations

A 2004 Stations

*' . I

-- 'L2

I I 314500 315000 315500 316000

Area of Proposed Stage 1

I Diamond Dr~ll Program I

Adams Plateau Pro'ect

Bouguer Gravtty Anomaly Map Bouguer density 2.30 gm/cc

316500 317000 UTM Zone 11N

Terraln Corrected to 20 km

NAD83 Date 2005 12 04 Flgure No 13

/"- INTERPRETATION AND CONCLUSIONS

Based on the geological descriptions provided by Spencer, 1992, it appears that the mineralization intersected in drill holes at the A2 Zone closely resembles the mineralization associated with the Rea and Homestake Deposits.

The results of the gravity surveys competed during 2004 and 2005 have identified an area of elevated gravity response which may represent a buried zone of VMS style mineralization.

RECOMMENDATIONS

Based on the results of the exploration work completed to date it is recommended that Yale Resources Ltd. and Far Resources Ltd. complete a staged program of geological work and drill testing to assess the expanded claim area and evaluate the gravity anomaly.

The estimated cost of the initial exploration program is $1 15,000.00. In the event that drilling confirms potential for a significant VMS occurrence a much more extensive second stage program of drilling would be warranted. To properly evaluate a high priority target would involve completing at least four or five relatively deep drill holes and would require a budget allocation for a minimum of 2,000 meters of diamond drilling. The estimated cost of a follow-up diamond drill program consisting of a minimum of 2,000 meters of drilling would be approximately $240,000.00

Stage 1 : Geological work and drill hole for stratigraphic control

Crew mobilization, camp and logistics $ 7,500.00 Engineering and supervision 12,500.00 Geological work and sampling 15,000.00 Mobilization and accommodation for drill and crew 20,000.00 Stratigraphic drill hole (500 m. allowance @ $100) 50,000.00 Contingency 10,000.00

Total $1 15,000.00

Y- Stage 2: Follow-up diamond drill testing

Crew mobilization, camp and logistics $ 30,000.00 Engineering and supervision 25,000.00 Diamond drilling (minimum 2,000 meters @ $80.00) 160,000.00 Contingency 25,000.00

Total $240,000.00

In Nicholson's opinion the character of the mineralization indicated in the published technical reports regarding the A2 Zone is sufficient to merit the above recommended program. The second stage follow-up program of diamond drilling is contingent on positive results from the Stage 1 program.

REFERENCES

B.C. Department of Mines: Annual Reports: 1927(p.C199-C201), 1928 (p.C210), 1930 (p.Al84-A188), 1946 @.A1 32-A1 34).

B.C. Government Website for technical mapping: htt~://webma~.em.aov.bc.ca/ma~~lace/min~otlb~~s.cfm

B.C. Government Website for MlNFlLE mineral Reserve/Resource Inventory in 1999: htt~://em.aov,bc.ca/minina/GeolsurvlMinfile/~roducts/res/res-res. htm

Holbeck, P. and Thiersch, P. (1987) Report on the Adams Plateau. Geological branch Assessment report No. 16024.

Martin, D. (1984): Report on a Airborne EM Survey of the Adams Plateau Property for Adams Silver Resources Inc. Geological Branch Assessment Report No. 13 142.

Nicholson, G., P.Geo., (2002): Summary Report on the Adams Plateau Property dated July 15, 2002.

Oliver, J., (2005): Geological, Geochemical and Diamond Drilling Report on the Max Project., Kamloops area, southwestern, B.C.

Schiariua P. and Preto, V.A. (1987): Geology of the Adams Plateau - Clearwater - Vavenby Area. BCMEMPR Paper 1987-2,88p.

Schiariua P. and Preto, V.A. (1984): Geology of the Adams Plateau - Clearwater - Vavenby Area. BCMEMPR Preliminary Map No.56.

Spencer, BE. (1992): Report on the A2 Zone - AXL Adam 1 Mineral Claims. B.C. Department of Mines Assessment Report No. 22298.

Spencer, B.E. (1991): Report on a Geochemical Survey of Core from Diamond Drill Hole No.69; Adam 1 Mineral Claim. B.C. Department of Mines Assessment Report No. 21570.

Spencer, B.E. (1991): Report on the Geology and Mineralization of the AXL 3 - Adam 1 Mineral Claims. B.C. Department of Mines Assessment Report No. 21 158

Spencer, B.E. and Olfert: (1988): Report on Diamond Drilling Program; Bee 2A Mineral Claim and Lot 5228. B.C. Geological Branch Assessment Report No. 16950.

Spencer, B.E. (1986): Report on Diamond Drilling Program; AXL - Wad Property. B.C. Geological Branch Assessment Report No.14716.

Spencer, B.E. (1983): Soil Geochemistry on the Adams Plateau Property. B.C. Geological Branch Assessment Report No.11933.

STATEMENT OF COSTS

Prepared: December 30,2005

Owner: Yale Resources Ltd. Suite 600 - 890 West Pender St. Vancouver, B.C.

Re: Adams Plateau Project Statement of costs for infill gravity survey at Adams Plateau project

Engineering Fees: -project design, liason with client, presentation to Hunter Dickenson group, liason with sub-contractors

5 days charged @ $600.00 -site visit (September 28, 29, 2005)

2 days charged @ $600.00

Gravity Survey sub-contractor -completion of fill-in survey -logistics and operational report (attached to technical report)

Helicopter charter -air charter for field crew Sept. 26, 27, 28

Logistics, travel expenses -hotel, accommodation for field crew -vehicle rental, fuel

Laboratory assay costs, rock sawing

Large format prints for Yale re: expansion claims

Preparation of technical report -all inclusive charge for preparation of updated technical report

Total applied for assessment credit

b ,- k CERTIFICATE

e I: I, Carl von einsiedel, of 1124 - 470 Granville St., Vancouver, B.C. hereby certify that:

1. I am an independent consulting geologist with ofices located at 1124 - 470 Granville St., Vancouver, B.C., V6C-1V5

2. 1 graduated from the Carleton University in Ontario with a BSc. (1987) in Geology and have practised my profession continuously since graduation.

3. 1 am a registered member of the Association of Professional Engineers and Geoscientists of British Columbia since 1992 with membership number # I 22307.

4. 1 have practiced my profession as a geologist since my graduation from university in the private sector in Eastern and Western Canada, in parts of the United States and Mexico reporting on and managing several projects in mineral exploration.

5. 1 have read the definition of "qualified person" set out in National Instrument 43-101 ("NI 43-101") and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience. I fulfill the requirements to be a "qualified person" for the purposes of NI 43-101.

6. 1 personally examined the said property on September 28, 2005 for Yale Resources and I am familiar with the project area.

7. 1 have assisted with preparation of all sections of this report.

8. 1 have had prior involvement with the property that is the subject of the Technical Report. The nature of my prior involvement is that I am the registered owner of the mineral claims which are the subject of this Technical Report.

9. 1 am not aware of any material fact or material change with respect to the subject matter of the Technical Report that is not reflected in the Technical Report, the omission to disclose which makes the Technical report misleading.

Dated the.36th ay of Decembe~2005. 7 rr

"Carl von Einsiedel. "

Carl von Einsiedel, P.Geo.

CERTIFICATE

P - I, George Nicholson, P.Geo., of 21910 - 61st Avenue, Langley, B.C. hereby certify that:

1. I am currently a self employed consulting geologist with offices at 1210 - 675 West Hastings St., Vancouver, B.C.

2. 1 graduated with a degree in Bachelor of Science Degree with a major in Geology from the University of British Columbia in 1986.

3. 1 am a member of the Association of Professional Engineers and Geoscientists with the Province of British Columbia (Registration No.19796).

4. 1 have worked as a geologist continuously for a total of 17 years since my graduation from university.

5. 1 have read the definition of "qualified person" set out in National lnstrument 43- 101 ("NI 43-101") and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101 and past relevant work experience, I fulfill the requirements to be a "qualified person" for the purposes of NI 43-101.

6. 1 am responsible for the preparation of all sections of the technical report titled "Summary Report on the Adams Plateau Property" and dated August 27th, 2003 relating to the Adams Plateau Property as set out in Table 1 of the report. .I visited the property on July 7, 2002 for a one day site visit.

7. 1 have had prior involvement with the property that is the subject of the Technical report. The nature of my prior involvement is the preparation of a technical compilation report on the property for RCOM Ventures Inc. dated July 15, 2002.

8. 1 am not aware of any material fact or material change with respect to the subject matter of the Technical Report that is not reflected in the Technical Report, the omission to disclose which makes the report misleading.

9. 1 am independent of the issuer applying all of the tests in section 1.5 of National lnstrument 43-1 01.

10. 1 have read National lnstrument 43-101 and Form 43-101F1, and the Technical Report has been prepared in compliance with that instrument and form.

11. I consent to the filing of the Technical Report with any stock exchange and other regulatory authority and any publication by them, including electronic publication in the public company files on their websites accessible by the public, of the Technical Report.

Dated tbk-!i!!day of December, 2005.

APPENDIX I: Memo dated July 27, 2003 from GEOSci regarding gravity modelling

GeoSci Data Analysis Ltd. . 2060 148" Street, Surrey, B.C., Canada, V4A 8L5 Tel I Fax: (604) 535 - 4255 Ernail: [email protected]

Memorandum To: Carl von Einsiedel

Ram Explorations Ltd.

From: E. Trent Pezzot

re: Gravity Model Study, Adams Plateau Project

July 27,2003

This memorandum describes the results of a 2-D gravity model study intended to determine the applicability of a gravity survey to detect and outline a potential massive sulphide deposit in the Adams Lake plateau area of central B.C.

Sketch diagrams of a possible geological target were drawn by Carl von Einsiedel, based on known data from the area. These diagrams were used to construct digitized models of the potential targets and used as input for a proprietary 2-D gravity modeling algorithm. The software allows the user to interactively alter the model parameters (size, shape, depth, dip and density) then calculates and displays a profile of the theoretical results along a survey cross line. Estimates of the range of densities for the various rock units were determined from published texts. The range of possible size, shape and attitude of the target was estimated by Carl von Einsiedel of Ram Explorations Ltd.

Geological Model The geological model was based on a geological cross section published by the B.C Department of Mines (1987-2) as shown below on Figure 1.

Figure 1 : Geological Cross- Section - Adams Plateau

A geological cross-section (Figure 2) based on drilling in the area confirms the presence of mineralized tuffs on what might be the limb of a fold.

Page 1 of 10

Figure 2: Geological cross-section fi-om Assessment Report 22298

Two sketches showing the geological target were produced (Figures 3 and 4). The first defines the regional setting and the second shows a more detailed view.

Figure 3: Sketch of proposed target - Regional View

The regional model shows the massive sulphide target as the nose of a fold, located stratigraphically beneath a thin, westerly dpping greenstone layer.

Page 2 of 10

1 Figure 4: Sketch of proposed target - Detail View.

The detailed view suggests the greenstone layer wraps around the massive sulphide target.

Geophvsical Model

There are three significant geological units that were considered Bjr the modeling algorithm: a rhyolite host, a thin greenstone layer and an accumulation of barite and massive sulphides. The following density ranges for these rock types were cited in Applied Geophysics, by Telford, Geldart, Sheriff and Keys, published in 1976.

Host rhyolite tuffs and flows. Density range from 2.35 to 2.7, with an average of 2.52 gmlcc. Greenstone density is dependent on relative percentage of high density minerals and may range fi-om 2.75 to about 3.1 with an average of 2.8 gmkc.. Tar@: barite and wlphides. Density range highly variable and depends on massive nature of target. Possible range of 3.5 to 5 g d c c with a reasonable estimate of 4.4 gm/cc for massive deposit.

Input to the gravity algorithm takes the form of a digitized geological cross-section running perpendicular to the strike of the source body. It assumes the geological target has a strike length of at least 10 times its' width. If the target does not extend to these distances, the shape of the calculated profile will be distorted and the amplitude of the response will be exaggerated.

The model is built with discrete zones for each occurrence of each geological unit and the final gravity reading will be a sum of the contributions of these individual zones.

Page 3 of 10

Consequently, the model can be analyzed either in its' entirety, in parts, or as individual zones.

For each geological structure studied, models were run for the maximum, minimum and average density contrasts expected. This produces an estimate of the possible range of amplitudes that might be expected for these targets.

State of the art gravimeters are able to accurately measure the gravitational field to resolutions of 0.005 mgals. From a practical standpoint however, this degree of resolution for the final, reduced gravity measurement is rarely achieved. The ultimate resolution is still controlled by the accuracy of the positional surveying. Under good conditions, measuring the absolute elevation above sea level to within - 1 inch and the distance from the equator to within - 5 feet, an effective accuracy of < 0.1 mgals can be achieved. Under these conditions, one would expect to have confidence in gravity anomalies on the order of 0.3 mgals in amplitude.

Re~ional Model:

As shown on Figure 3, the regional model consists of a shallow, westerly dipping greenstone layer, some 10 - 15 metres thick in a rhyolite host. The exploration target is an accumulation of barites and sulphides, stratigraphically beneath the greenstone layer, in the nose of a fold or along the flank of a dome. In the sketch provided, the accumulation of massive sulphides and barite forms a body approximately 400 metres across and 75 metres thick, close to the ground surface. Results from three of the gravity modeling runs are presented below.

Model la: Combined greenstone and massive sulphides

As shown in Figure 5 below, a positive gravity response is produced directly over the massive sulphide body. The response is slightly asymmetric, biased towards the up dip edge of the bodies.

Page 4 of 10

. . .

Ada- Pla teau R e e r t v

P - D Grrvi ty Model

. .

Using the density criteria described above, the amplitude of this response will vary between a minimum of 1.46 mgals and a maximum of 5.05 mgals, with a probable amplitude of - mgals.

Model lb: Greenstone layer only. The contributionof the greenstone layer tothe overall response is relatively minimal, as illustrated in Figure 6 below.

ZONE DENSITY

Page 5 of 10

The greenstone contribution to the response will appear as a gradual increase as the unit approaches the surface, with a relatively sharp drop off at its' updip edge. The amplitude of this response should vary from a minimum of 0.03 mgals to maximum of 0.39 mgals. The probable response is in the range of 0.14 mgals. Regardless, the contribution of the dipping greenstone unit, with the exception of the updip edge, will likely be indistinguishable from regional effects.

If the entire package dips at a steeper angle, the response from the greenstone layer will appear more as a discrete high, however it will still exhibit gradually sloping flanks, even if the unit reaches the surface. Using the same density criteria, a vertically dipping greenstone unit, outcropping at the surface will produce a measured response ranging from - 0.02 to - 0.3 mgals, with an average of around O.11 mgals. Assuming the massive sulphide body remains in the same relative location with respect to the greenstone, the resulting model would produce a similar profile to that shown in Figure 5, with a minor bump on the (greenstone side) flank of the overall gravity profile.

. . . . . . . . . .

The contribution from the barite and massive sulphide unit forms the major component of . .

the overall response. As illustrated in Figure 7 below, this zone would produce an . . . . . . . . . . . . asymmetric (biased to the up dip edge) gravity high varying between 1.43 and 4.69 . . .

mgals, with a probable amplitude of - 3.37 mgals.

ZONE DENSITY C S M C C )

. . . .

. .

2-D Gravitv Mode l

and 150 metres depth.

Figures 8 and 9 below compare the theoretical gravity response with and without the contribution of the enveloping greenstone layer .~or this study, an intermediate size

Page 7 of 10

Using the density ranges described above, the gravity profile generated by the massive sulphide body alone ranges from to mgals, with a probable amplitude of about 2.34 mgals. The addition of a greenstone halo surrounding the massive sulphide adds - approximately 0.17 mgals to the probable response.

Explorations Ltd. A d u u Plateau P*opertY

8-D ( i r a ~ l t v Mode1

Figure 8: Detail gravity model, massive sulphide and greenstone units.

8-D Gravity Model

The remaining models are based on the presence of the barite and massive sulphide body only. One can expect a probable increase of about 5% in amplitude from the addition of a greenstone halo of the size illustrated on Figure 4.

Page 8 of 10

Effect of Size

The amplitude of the gravity response is directly proportional to t k volume of the massive sulphide unit.

The following table compares the amplitude of the theoretical response (based on the expected average densities) to three different sizes of massive sulphide bodies. For all three models, the upper limb of the massive sulphide is within 20 metres of the ground surface.

Cross-section size Amplitude (mgals) (horizontal metres x vertical metres) 100 x 50 0.7 200 x 100 2.34 300 x 150 4.06

Effect of Depth

The amplitude of the gravity response is inversely proportional to the depth to the body In addition, the shape of the gravity profile changes with depth, varying from a narrow, steeply sized anomaly when the target is at surface to a broader response from a deeper source.

The following table compares the amplitude of the theoretical response (based on the expected average densities of the averaged sized target) at increasing depth to the centre of mass.

Depth to Centre of Mass (metres) 100 150 200 250 300 350 400 450

Average Amplitude 2.34 1.76 1.35 1.04 0.85 0.69 0.55 0.39

An extension to this study shows that assuming a minimum anomaly amplitude of 0.5 mgals is required, a small target (1OOm x 50m) needs to be < 50 metres deep, a moderate targt (200m x 100m) needs to be < 400 metres deep and the larger target (300m x 150m) needs to be within 650 metres of the surface to be detected by the gravity technique.

Page 9 of 10

Effect of Dip

The dip of the source body is evident in the asymmetry of the gravityprofile. In the model provide, this effect is very minor because the bulk of the excess mass is contained in the nose of the fold, and could be well represented by a near spherical source. As shown in Figure 9 above, the flank of the gravity profile is slightly sharper (more vertical) towards the up dip edge of the model. This effect would be more pronounced if the cross-sectional view of the model were more elongated. If the limbs of the synform were thicker, the model would be more similar to a dyke-like body and the dip effects would be more pronounced.

Conclusions

The results of this 2-D gravity study suggest that the projected accumulation of barite and massive sulphide in the fold structures proposed would produce a measureable gravity response. The maximum depth to a detectable target depends on the relative density contrast between the host and the massive sulphides and also the size of the body. Under the most favourable conditions studied, the target might still be the detected up to a depth of 650 metres. However, a more realistic estimate is on the order of 400 metres.

Given the suspected shape of the target, the dip will have minimal effects on the measured response.

The presence of a greenstone unit surrounding the massive sulphide target will increase the amplitude of the observed response by about 5%.

Considering the size of the proposed targets, it is recommended that gravity data be gathered at a minimum 50 metre station interval, along lines spaced at a minimum of 200 metres apart and oriented perpendicular to the projected strike of the geology. There is no problem conducting the gravity survey during the winter months, when the ground is frozen and access across swampy parts of the project area is easier. However, one additional requirement under these conditions is that the thickness of any snow layer be accurately measured at each gravity station.

Respectfully submitted per Geosci Data Analysis Ltd.

E. Trent Pezzot, B.Sc., P.Geo. Geophysics, Geology

Page 10 of 10

APPENDIX 2: Memo dated May 17, 2004 SJ Geophysics regarding a gravity survey at Adams Plateau

/- SJ Geophysics Ltd. S.J. K Consultants Ltd.

1 1 762-9dth Avenue, Bus: (604) 582- 1 100 Fax: (604) 589-7466 Delta BC V4C 3R7 CANADA E-mail: trent~sjgeophysics.com www.sigeoph~sics.com

Memorandum To: Ram Explorations Ltd. From: Trent Pezzot Date: May 17,2004

Re: Adams Plateau Gravity

Sirs:

A gravity survey was undertaken on the Adams Plateau property in British Columbia, from March 18 to April 2,2004. The survey was completed by MWH Geo-Surveys Inc. under the direction of Kevin McNabb, geophysicist. A logistical report detailing the equipment, personnel and techniques used is being prepared by MWH.

An excel spreadsheet was provided to S.J.V. Consultants Ltd. by MWH for analysis. This file contained a list of 294 readings (including 22 repeats) with line, station, coordinates (elevation, UTM and latllong), observed gravity readings, terrain corrections and calculated bouguer gravity (for 3 densities). A pdf document showing a colour contour plan map for one of the calculated bouguer gravity values was also provided.

The data was reprocessed, using proprietary and industry software to confirm the reduced bouguer density calculations provided by MWH. Additional calculations were requested of and provided by MWH.

The exploration target is a massive sulphide body, possibly concentrated in the nose of or along a limb of a fold. A model study by the author (dated July 27,2003) addressed the applicability of the gravity technique for mapping this target. It was concluded that the projected target might be detected up to a depth of about 400 metres. A survey grid comprised of 50 metre stations on lines spaced at 200 metres was recommended.

A survey grid, approximately 2.5 x 2.2 km was established along a southeasterly trending structure. Lines were spaced at 200 metres apart and gravity stations read at 100 metre intervals. The grid covered what is thought to be a northwesterly dipping limb of a regional synforrn (see figure 1 below). Previous drilling off the southeastern corner of this grid revealed mineralized tuffs in a rhyolite host.

Insert Geoloaical Cross-Section from Geosci Data Analvsis Memorandum - Julv 27, 2003

Figure 1: Geological Cross-Section of target area.

There a couple of deficiencies in the survey that warrant mention. First, the 100 metre station interval is twice as wide as was recommended. The result is that localized, near surface ( < 100 metre deep) targets will not be resolved. Second, only 5 of the 11 lines extended the full width of the survey grid, many stopping a kilometre short of the eastern edge. Unfortunately, the most interesting target is located at the eastern end of two of the shortened lines and is not adequately profiled.

More than any other technique, gravity data is subjected to a series of data reduction procedures that can strongly affect the final maps that are interpreted. This is because adjustments required to compensate for variations in the gravity readings due to the such things as the position of the moon (tidal effects), distance from the equator (ellipticity of the earth), elevation and terrain effects are thousands of times greater than the amplitude of any anomaly.

One of the most critical factors in the analysis is a selection of a bouguer density, which is used to compensate for the effects of the large volume of rock extending from ground surface to a reference elevation (in this case sea-level). Data reductions were applied using a range of bouguer densities (from 1.9 to 2.7 gm/cc). Analysis with different bouguer densities does not dramatically affect small localized features however it does have a significant effect on regional trends. As shown on figure 2, higher density reductions generate a NE trending low coincident with topography.

. .

. . . . . . . . '.-

gravity and topographic profiles. Figure 3 below compares the gravity profile on line 2200N for different bouguer densities. Using this criterion, a bouguer density of 2.3 gmslcc was selected for this area. This agrees closely with a theoretical value of 2.35 gmlcc which was determined for last years model study.

Figure 2 -Plan Colour contour maps of Calculated Bouguer Gravity using different densities.

One method for determining the most applicable density is to minimize the correlation between the

Line 2200N

9.0000 - 19800 8 0000

= 7 0000 8 6.0000 5 5.0000 % 4 0000 5 30000 0 20000

10000 0.0000 18400

0 500 1000 1500 2000 2500 3000

Station (m)

Figure 3: Comparison of Topography to Calculated Bouguer Gravity for various densities. Minimal correlation observed for 2.1 - 2.3 gm/cc bouguer density.

The calculated bouguer gravity data was used as input to a 3-D inversion algorithm. This program generates a 3 dimensional block model showing one possible subsurface distribution of different density material that could produce the observed survey data. The solution is best viewed in the 3-D viewer provided that allows one to dissect the block and view it from different angles. The following images provide "snapshots" of this interpretation.

Although the interpretation would benefit from an extension to the existing survey to compensate for the undersampling and missing data, the interpreted 3-D inversion block model show very ' encouraging results. One area in particular (lines 200N to 800N, near station 18OOE) contains an anomalous response that fits the theoretical model.

I The following comments summarize the interoretation based on the 3-

Figure 4b: Inversion block model- Elevated viewfrom grid SW- shows topographic high running 0 NNE along the eastern halfof the grid

The inversion solution gives the perception of a regional "bowl" structure underlying the grid. This effect is the inversion algorithms attempt to compensate for regional trends that are not adequately resolved by the small, localized survey. The effect is most apparent at the edges of the block model and should not be considered a true representation of the geological structures. The geological model is more truthfully represented by trimming approximately 200 metres from the edges of the block.

b= fl

Figure. 5a: Inversion Block M o d e l Viavfrom . . . g i d SS . .

.. 3x0 . . . . . . .

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

r

I

- CutoffO.085 . . -Shows "bowl" effect. . . . . . . . . . . . . .

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

H50

'm

1

Figure 5b: Inversion Block Model - Viavfrom grid SSE - Cutoff 0.085 - trimmed 200 metresper side.

A series of localized gravity highs are located along the western edge of the survey block. These

@ anomalies are the response to single station gravity anomalies that are coincide with topographic high

. . . . .

. .

low and flanking, localized gravity highs, are considered unreliable. They are likely a result of the survey grid being established at the edge of the Adams plateau (immediately to the west).

'

The series of localized highs on the western half of the grid, along lines 1000N to 1400N are also considered very questionable.

. . . .

nse of the inversion model suggests a shallow westerly dipping stratigraphy with

. . .

(figure 8), in the profde of the data for line 400N below, the eastern flank of the gravity high

0 200 400 600 800 1000 1200 1400 1600 1800 2000

Station (m)

already discovered any surface deposits, is that any massive sulphide body would be buried. This interpretation is supported by the similar "fold" type response in the westerly dipping stratigraphy

. .

I A different view of the anomalous response shown above is provided on figure 10 below and 5a and 5b above. In these displays, the lower density material is cut out of the model, leaving only the @ higher density material visible. The Yold'' in the southeast comer of the grid is evident as a plug type body extending fkom ground surface to depth.

Figure 10: . . . . . . . .

. . . . . Summary . . . . . . . . . . . .

The interpretationof thegrayity. survey completed over the Adam Plateau supports the geological model of a westerly dipping stratigraphy. Thqe are . . several . areas where measuremen@ suggest high density sourcebodiesqe present:Thestroggest responsesare noted along the western edge of survey block but ire . considered . . . suspicioui in that there is a strong topographic . cbrrelation . . . and the proximity to . the:westem . . edge of the plateau might be 'false" anomalies.

. . . , . . . . . . . . . . . . . . . . . . . . . . . . .

0ne:high priority target is: flagged.It appe:qs as a high density "bump" on a westerly dipping stratigraphy, observed on lines 200N through 800N neq station 1700E,This anomaly exhibits the amplitude and character expectedikom a buried massive sulphidebod$aslpredicted by an earlier study. There h6%6verj in the survey coverage of this, area that complicite the interpretation. ~dditi '0Gl s ~ ~ e ~ i n ~ , e x t & d i f I g the coverage on lines 400N and:600~, to the east are recommended to delineate this target. Consideration should also bejafforded to reducing the stationinterval . . . to 50 metres in thisarea, in order to better estimate the depthto the source body.

. . .

APPENDIX 3: Logistical Summary, Adams Plateau Gravity Survey, MWH Geo-Surveys Inc., November, 2005.

MWH Geo-Surveys, Inc.

Logistical Summary Adams Plateau Gravity Survey, B.C.

for RAM Exploration

MWH Geo-Surveys Ltd. November 2005

INTRODUCTION:

Beginning September 26,2005 and concluding September 29, MWH Geo-Surveys Ltd. carried out a gravity survey at the Adams Plateau project in Central British Columbia at the request of RAM Exploration. This project was an extension of a March 2004 survey and was intended to add gravity survey coverage to further define a gravity high identified by the earlier survey.

A total of 56 new stations and 8 repeats were occupied during the 3 production days. The project total, including the 2004 work, is now 323 unique stations.

FIELD OPERATIONS:

Gravity stations were established at nominal intervals of 100 meters along and between lines. The summary data files for both acquisition periods have been grouped and ordered by line and stations identifiers and listed in Appendix 1.

Suwey Personnel: The personnel involved on this project were:

Graham Kraft Kaolin Pickett Kevin MacNabb

Gravity / GPS surveying Gravity / GPS surveying Gravity and GPS processing (off-site)

Gravity Instrumentation and Field Procedures: The gravity meter used on this project was LaCoste & Romberg Aliod lOOX gravity meter, serial #689. All gravity readings were taken within loops to and from a temporary base (established during the 2004 survey) to enable correction of instrument drift. A value of 980,632.555 milligals was assigned to the base station located at UTM coordinates 5646192.3N1334254.22E. Approximately 6 per cent of the complete project (27 stations) have been repeated with a standard deviation of repeats of .0 16 milligals.

GPS Suwey Instrumentation and Field Procedure: Three Thales Z Max dual frequency GPS receivers were used on this project. Gravity station positioning was established by post processed static and kinematic GPS methods as well as Real-time Kinematic positioning. A small network of control points was created by static GPS observations. The RTK acceptance criterion was set at 25 millimeters horizontal and 25 millimeters vertical. Elevation mask angle was 10 degrees with 2 second epochs. One of our 2004 control sites was relocated and used for this survey. This control information is listed below:

Pt. ID I Easting I Northing I Latitude I Longitude I Elevation I Height Base 2 1 3 1595 1.35 1 5658320.2 1 1 5 1.046893 1 -1 19.625800 1 1935.37 1 1920.183

DATA REDUCTION and INTEGRITY:

GPS Processing: All post processing and network adjustments were carried out using Trimble Total Control version 2.73. GPS data was processed using the most current NGS ant - info.003 antenna models. Orthometric elevations were derived from geoidal heights using the Canada HT-01 geoid model. Processed vectors were analyzed and adjusted by least squares using the adjustment module in TTC. All final GPS positions were exported in NAD83 geographic and UTM Zone 1 1 coordinates and subsequently used in the Bouguer gravity calculations.

Gravity: The L&R Aliod 1 OOX meter converts to milligals internally. Additional corrections were made for earth tides, drift between base ties and an adjustment to the defined base value. The results from these calculations are listed as Observed Gravity. The Observed Gravity values were corrected to Bouguer Gravity using survey positions provided from the GPS processing and the following formula:

gs =gobs - Y + (.3086 x h) - (.04193p x h) + dgr where: g B = Bouguer Gravity gobs = Observed Gravity

Y = Theoretical Gravity &T = Terrain correction h = Station elevation metres P = Density grnlcc

There are several theoretical gravity formulae available. We have used the most recently published formula (1 998) from The United States National Imagery and Mapping Agency (NIMA). According to this new formula, the theoretical gravity (Y) obtained from the gravity field of the WGS84 reference ellipsoid is

where (4) is the geodetic latitude. Using this formula requires a small Atmospheric Gravity Correction (6) because the WGS84 Earth's gravitational constant includes the mass of the atmosphere. This correction is given by

where h is the elevation with respect to sea level.

. . . .

Terrain Corrections: The mountainous terrain in the Adams Plateau area is a significant factor in the overall accuracy of the gravity survey. Accurate terrain corrections are therefore a critical component of a high precision gravity survey. To calculate precise terrain corrections over 450,000 positions were extracted from a high-resolution .dxf file supplied by RAM. The data was gridded to create a 5-meter elevation model of the survey area. This highly detailed DEM was used for the near and mid zone terrain corrections.

RasterTC, a program specifically designed to calculate accurate near-station terrain corrections for land gravity stations from a gridded elevation database, was used to compute the near zone terrain corrections. The inner zone corrections were computed to a radius of 175 meters.

Figure 1; Adams Plateau.5m DEM

5 meter' Digital Elevation Model, Adams Plateau, B.C.

The second stage of the terrain corrections involved the zone from 175 to 1200 meters radius. For these corrections, a second run of RasterTC was used to determine terrain corrections from the same detailed 5-meter grid.

MWH Geo-Suwtys Lfd. 2916 - 2qh Street, Vernon, B.C. V1T SA6 (250) 542-9897

. . . . . . . . . .

The final Outer Terrain corrections were calculated utilizing a Digital Elevation Model derived from the NASA Shuttle Radar Topography Mission Seamless data. This data was downloaded, leveled to our vertical datum, and gridded at 60-meter centers. The terrain corrections were run from 1.2 kms to 20 kms.

The results of the three terrain corrections processes are independently listed in the data file. The final terrain correction value is the sum of the three and is listed at a 2.0 g d c c value. In all cases, the actual terrain correction value used is a value scaled from the listed value at 2.0 g d c c to match the computed bouguer density.

Allen Cogbill developed the terrain correction code used by RasterTC; see Geophysics (Copbill, - 1990).

DATA PRESENTATION and SUMMARY:

Plan maps depicting the bouguer gravity and a high pass filtered, residual gravity map are attached to this report. An Excel file containing the principle facts is enclosed with this submission.

An interpretive report prepared by Trent Pezzot of SJ Geophysics Ltd. in May 17,2004 has also been appended to this summary. Trent noted that gravity high was exhibited on lines 200N to 800N near station 1700E. The additional data collected on this survey adds data to infill the southeastern area of the grid. The residual map computed at 2.3 g d c c continues to indicate the gravity high at the location noted by Trent.

Appendix I

JBouguer Contour Maps JFiltered Residual Gravity Map

J Summary Data Listing JEquipment Specifications JSJ Geophysics Ltd report

. . .

.

A 2004 Stations

UTM Zone 11N NAD83 MWH

Bouguer density 2.30 gm/cc C W - S U W ~ ~ ,

Terrain Corrected to 20 km - Inc.

RAM Exploration

Regional Removed

UTM Zone 11N NAD83 MWH

Bouguer density 2.30 gm/cc GeoSuwcya,

Terrain Corrected to 20 km

Line 03 Line 03 Line 03 Line 03 Line 03 Line 03 Line 03 Line 03 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 04 Line 05 Line 05 Line 05 Line 05 Line 05 Line 05 Line 05 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 06 Line 07 Line 07 Line 08 Line 08

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LaCoste & Romberg The first name in gravity since 1939

GETTING THE MOST FROM THE BEST SENSOR

ALlOD 100 Electronic Beam Nulling I LaCoste & Romberg, manufacturer of high precision gravity meters since 1 939, introduces an improved Aliod 100 linear electronic beam nulling system. This system is available with new or as an upgrade to your existing meters.* Now Featuring Continous Tide Corrected Data Logging via GARMlN iQueTM 3600 Handheld with GPS.

The Aliod 100 incorporates a user-friendly LCD interface which displays the gravity directly in mGal. The new Allod 100 beam nulling system has a range of 100 mGal with a resolution of either 0.01 or 0.0001 mGal.** Anyonewho can level and unclamp the gravity meter is able to obtain consistent and accurate gravity data. The electronic system can now be turned off for manual readings.

The Aliod 100 uses a 24 bit data acquisition system for gravlty and the levels (1 2 bit resolution for the meter temperature

,and battery voltage). The Aliod100 features continuous. tide :orrected data logging via the included GARMIN iQueTM 3600 handheld computer. New handheld computers include built-in GPS for latitude, longitude, and t~me for tide corrections. Data recorded with the handheld includes: Station Name, Date, Time, Gravity, Tide Corrected Gravity, Tide, Latitude, Long~tude, Elevation, Long Level, Cross Level, Sensor Temp,, Baitery Voltage, and Counter.

System Specifications Principle : Data stored on the iQue 3600 handheld can be uploaded Range:

Linear electrostatic beam nulling 100 mGal

a PC in spreadsheet format. Lost data is a thing Of the Past Dab Resolution: 0.01 (0.0001 mGal for Aliod loox**) ing the SD flash card and Auto-backup. Repeatability: 0.01 to 0.02 mGal

Linearity: Better than 0.01% Full Scale Electronic Drift: ~0.001 mGal /I000 hr.

The Aliod 100 includes our standard 2 year warranty

User-fnendly interfa Continous, Tide corrected data logglng w / ~ ~ u e ~ ~ 3600 handheld Dlsplays gravity directly in mGal

Temp. Range: - 4 0 ' ~ to + 4 5 ' ~ Integrated LCD: 2x20 character LCD with backlight Output: RS-232, External Port Data Logging: Continuous w/iQueTM handheld Data storage: SD Flash Card Tide Correction: Automatic Power Consumption: 12 [email protected]/2.3 Watts Input: 10-15 VDC

Range of 1 00 rnGc Data Resolution of 0.C

* Electronic Levels requ~red " Export License may be requlred

Specfivbons sublect to change

#Clue is a tradernam of GARMIN

LaCoste & Romberg 11 002 Metric Blvd, Ste 100 Austin. TX 78758, USA Tel: 512-346-0077; Fax: 512-346-0088 Email: [email protected]

I Internet: www.LaCosteRomberg.com 4123103

. . .

UPERIOR ORMANCE A MODULAR DESIGN

2-Max Surveying C;system

The Z-MaxTM surveying system from Thales Navigation is a precision GPS surveying solution designed for topography and wnstruction. Offering superior RTK pelformance, an innovative design and a total software solution, Z-Max delivers survey grade positioning on demand.

SUPERIOR RTK PERFORMANCE Z-Max rises above other GPS receivers with ADAPT-RTKTM. This breakthrough technology dramatically expands centimeter-accurate wverage by rapidly adapting to current conditions. With ADAPT-RTK, Z-Max ensures exceptional RTK coverage and data confidence. Z-Max is capable of using VRS and FKP, so that optimal results can be obtained in networks of reference stations.

INNOVATIVE MODULAR DESIGN Z-Max features a unlque modular design, with Interchangeable base and rover receivers, for quck and easy system optlmlzatlon in the f~eld. The versatile system offers options for power, portabil~ty, communlcatlons, data collection, downloading and post-processmg.

Wireless Roving: Integrated Bluetooth" advanced w~reless system enables a convenient cable-free RTK rover.

Long-Range Communication: UHF or cellular - or a un~quely wmbmed UHF + GSM module - slmply snap Into place.

New Vortex" UHF Antenna: Breakthrough technology ellmlnates convent~onal rad~o antennas and cables.

On-Board Software: A full range of optlons are avadable, mcludmg control, stop and go, RTK setup and data collection - all wlthout the need of an add~tional field controller.

www.thalesnavigation.com

THE TOTAL SURVEYING SOLUTION The Z-Max system leverages the latest in surveying technology by lntegratlng fleld and offlce software solutions focused on topographlc and construction surveying. W~th this comprehenswe suite of software tools, the Z-Max total su~eying solut~on can enhance your surveying capabilities, boost your productivity, improve your data quahty, and upgrade your delwerables.

FAST Survey" software 1s a powerful graph~cal field companion to Z-Max that enables feature coding, real-time lhne work, coord~nation of system setup, COG0 (Coordmate Geometry) and seamless connectlvlty to a varlety of optical total statlons - all available through a slmple touch-screen menu.

GNSS Studio" software is the Z-Max GPS surveying office manager, intuitively guiding you through the entire GPS data wllection process, from planning to professional quality deliverables.

THALES NAVIGATION

TECHNICAL SPECIFICATIONS

Features Benefi ts ~ ~

r 1 ADAPT-RTK. Automatic Decorrelation and I Adapts to different environments to maximize coverage area of centimeter-accurate solutions for RTK. Two second initialization I Parameter Tuning. (typical) baselines <20 km (12 miles) centimeter-level solution availability up to 50 km (31 miles) in long-range mode.

Tripod mounted data collection, cable-free RTK rover and RTK rover with a backpack, all with the same GPS receiver 2-Max modular design olatforrn.

I

On-Board control software I Perform control, topo and even RTK surveys all without the need for additional field computer and software.

I ~ ~ ~ ~ ~ , d t ~ ~ ~ r e for Topography I Move jobs from planning through deliverable with GNSS Studio office software and FAST S u n q field software. I .. . . - - . . . - - -

Bluetooth wireless connectivity Eliminates the cost and hassles of cables.

Modular Communications technology Flexible communications options, including Thales UHF, Pacific Crest UHF, GSM cellular and GSM plus UHF, are modular and simolv snao on to the Z-Max.

I . * .

Performance Specifications

Vortex UHF antenna technology

Modular, lithium-ion power technology -14 hour size - 7 hour size

Dual-frequency GPS all-in-view operation

P-Code decryption using patented 2-trackingTM technique

Automatic multipath mitigation

Reference station network compatibility

Static, Rapid Static * Horizontal 0.005 m + 0.5 pprn (0.016 ft + 0.5 ppm) Vertical 0.010 m + 0.5 pprn

(0.033 ft + 0.5 ppm)

UHF antenna integrated with range pole provides superior range and physical durability.

Smart battery system provides long runtime, an integral charger and up-to-the-minute capacity information and reliable, trouble-free operation.

Maximize GPS measurement redundancy for surveying by tracking all observables of all GPS satellites visible above the horizon.

The cleanest signal quality commercially available for civilian use.

Robust operation in real-world surveying environments.

Using the VRS or FKP positioning, Z-Max obtains optimal results from networks of reference stations in seconds.

Post-Processed Kinematic Horizontal 0.01 0 m + 1.0 pprn (0.033 ft + I .0 pprn) Vertical 0.020 m + 1.0 pprn (0.065 ft +I .0 ppm)

Real-Time DGPS position < 0.8 m (2.62 R)

Real-Time Kinematic Position (fine mode) Horizontal 0.01 0 rn + 1.0 pprn (0.033 ft + 1.0 ppm) Vertical 0.020 m + 1.0 ppm (0.065 ft + 1.0 ppm)

ADAPT-RTK Initialization

99.9% reliability

Typical 2 second initialization for baselines < 20 km

Thales Navigation, Inc. Corporate Headquarters, Santa Clara, CA, USA +1 408 615 5100 Fax +1 408 615 5200 Toll Free (Sales in USAICanada) 1 800 922 2401 Email professionalsalesOthalesnav~gat~on.com In South America t56 2 234 56 43 Fax t56 2 234 56 47 In China t86 10 6566 9866 Fax t86 10 6566 0246 Web site www.thalesnavigation.com

Technical Specifications

GPS Receiver Environmental Meets IP54 for moisture

Operating temperature: -30" to +55"C (-22" to +I 31 OF)

Storage temperature: -40" to +85"C (-40" to +185"F) Shock: 1.5 m (4.92 ft) pole drop

Vibration: MIL-STD-810F Method 514.4 (1-3.1.1, 1-3.4.8, 1-3.4.9) *

Physical Receiver Module: 1.371 kg (3.02 Ib) Antenna Module: 0.64 kg (1 .I 7 Ib) Power Module: 0.52 kg (0.96 Ib)

Power ' 9-24 VDC input 10-24 VDC output on serial ports Max-Run battery > 14 hrs. run-time Q 0 ?C Max-Lite battery > 7 hrs. run-time @ 0 GC

Memory

48 hours of 1 sec. raw GPS data with 64 MB Secure digital 128 MB SD card available

Languages Supported in Controller

English

French

German

Portuguese

Spanish

males Navigation follows a policy of continuous product improvement; specifications and descripfions are thus subject to change without notice. Please contact m a l e s Navigation for the latest product information.

O 2004 Thales Navigatlon. lnc All rlghts resewed Z~Max. ADAPT-RTK, Vortex and Z-Track~ng are trademarks of Thales Navigatlon All other product and brand names are trademarks of thelr respectwe holders (3 04) Pan 11 8302956

Standard Features Dual frequency with Z-Tracking On-board controller software 10 Hz Data recording

Optional System Components Thales Navigation UHF Communication Module

Pacific Crest UHF Communication Module GSM Communication Module GSM+UHF Communication Module Z-Max GPS Antenna

Padded Carry Bag Hard Shell Case

System So f tware

GNSS Studio Office Software L1 Processing RTK Support L1 + L2 Processing Option

FAST Survey Field Software GPS Control Optical Instrument Control

Advanced Road Construction (optional)

Performance values assume minimum of 5 satellites, following the procedures recommended in the product manual. High-multipath areas, high PDOP values and periods of severe atmospheric conditions may degrade performance.

teased on preliminary tests.

THALES NAVIGATION

summary report on the adams plateau property

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