TAGISH LAKE GOLD PROPERTY WHITEHORSE MINING
Transcription
TAGISH LAKE GOLD PROPERTY WHITEHORSE MINING
AMC Mining Consultants (Canada) Ltd BC0767129 Suite 1330, 200 Granville Street Vancouver BC V6C 1S4 CANADA T F E +1 604 669 0044 +1 604 669 1120 [email protected] TAGISH LAKE GOLD PROPERTY WHITEHORSE MINING DISTRICT NI 43 101 REPORT Longitude 135° 20’ W, Latitude 60° 10’ N prepared for NEW PACIFIC METALS CORP. Report Prepared by Brian O’Connor P.Geo. NUMBER 711039 September 02 2011 ADELAIDE +61 8 8201 1800 BRISBANE +61 7 3839 0099 MELBOURNE +61 3 8601 3300 PERTH +61 8 6330 1100 www.amcconsultants.com UNITED KINGDOM +44 1628 778 256 VANCOUVER +1 604 669 0044 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 1 SUMMARY AMC Mining Consultants (Canada) Ltd (AMC) was commissioned by New Pacific Metals Corp (New Pacific) to review a NI 43-101 report written by New Pacific. The report was reviewed by the B.C. Securities Commission; the review identified disclosure issues and this report is meant as an independent technical report compliant with Canadian National Instrument 43-101 (NI 43-101) for the Tagish Lake Gold Property (Tagish or the Property). AMC is of the understanding that this replacement report is acceptable in the pre July 1, 2011 NI 43-101 format. The author is the “Qualified Person” pursuant to NI 43-101 and is responsible for preparing this technical report. To prepare this report the author visited the site 25 July through 28 July 2011. Mr. O’Connor reviewed the available historical exploration data with Mr. Gerhard Jacob (exploration geologist) and Mr. Alex Zhang (chief exploration geologist) of New Pacific. 1.1 Introduction and Property Location Tagish is located 84 km by road south of Whitehorse, Yukon within the Whitehorse Mining District. It consists of 982 active quartz mining claims and three full Crown Grants totalling 178 km2. New Pacific completed the acquisition of the 100% interest in Tagish Lake Gold Corp (TLG) through a court-approved plan of arrangement under the Business Corporations Act of British Columbia. TLG will operate as a wholly owned subsidiary of New Pacific. 1.2 Geology and Mineralization Tagish is located within the Intermontane Belt of the Canadian Cordillera, and locally situated in a Tertiary subvolcanic to volcanic caldera system (Mt. Skukum Volcanic Caldera) which is underlain by a dome (or several dome) complexes. There are three known precious metal deposits in the Property: Mt. Skukum gold deposit, Skukum Creek gold-silver deposit and Goddell gold deposit. In addition, there are numerous mineral showings and geochemical anomalies within the claim block, such as the Charleston gold-silver showing, Becker-Cochran antimony mineralization, Porter-Antimony Creek silverantimony showing, and Raca gold-silver showing.. The Mt. Skukum gold deposit is a high level, epithermal, auriferous, quartz-calcite, vein type gold deposit, and hosted in open fractures in Tertiary andesitic volcanic rocks. Both grade and width of the auriferous veins change dramatically along strike and down dip with frequent swelling and pinch out. The Skukum Creek deposit is a mesothermal quartz sulphide vein type gold-silver deposit. In some documents it is also taken as the lower portion of an epithermal system. The quartz sulphide veins are hosted in Mesozoic intermediate to felsic intrusive rocks and emplaced along the contact of rhyolite/andesite dykes with intrusive rocks. The veins and dykes formed a unit which emplaced along shear zones and faults developed in intrusive rocks. Besides gold and silver, the veins contain varying amount of base metals. Geological data suggest AMC 711039 : September 2011 i NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report the gold-silver showings at the locations of Raca and Charleston are of a similar or same type of mineralization. The Goddell gold deposit is an epithermal deposit hosted in shear zones and associated with disseminated sulphides in altered monzonitic intrusive rocks and intermediate to felsic dykes. High grade gold is mostly associated with fine disseminated acicular arsenopyrite. Besides arsenopyrite and pyrite, gold mineralization is closely related to other sulphides such as stibnite in forms of veinlets and stockworks. Induced Coupled Plasma (ICP) results indicate the mineralization zone contains anomalous values of base metals. 1.3 Historical Exploration Historical work on the Property culminated with the discovery and resource definition of the three known deposits during the 1980s to 1990s. There are two years of gold production at the Mt. Skukum Gold Mine from 1986 to 1988 with total gold production of 77,790 ounces. Historical exploration consisted of surface geological surveys, geochemical surveys, ground and airborne geophysical surveys, trenching, and surface and underground drilling. Approximately 121,000m was drilled in more than 910 holes, and 7,630m of underground drifting and crosscutting were developed, mostly for the three deposits. 1.4 Metallurgy Testing From 1988 to 2006, various types of mineral processing and metallurgical test work have been completed on the ore of the Skukum Creek gold-silver deposit. Tests included grinding and flotation to produce bulk sulphide concentrates, as well as cyanidation of the flotation concentrates, cleaner flotation, specific gravity and bond work index determination. Settling tests were also conducted on flotation tailings. 1.5 Mineral Resources There are no current resource estimates for Tagish. There are historical resources as described in the History section of this report. 1.6 Conclusions and Recommendations Based on the review of the exploration reports, past operator status and existing infrastructure, the author is of the belief that further exploration on Tagish is warranted. The author agrees with the exploration budget for Phase 1 presented in Table 1.1 which would collect additional information on Tagish. AMC 711039 : September 2011 ii NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Table 1.1 Summary of the Phase 1 Property Exploration Budget for 2011-2012 Exploration Project Description Budgeted Amount $ Measurement Unit of Measure Unit Cost $ Surface construction New Camp 284,900 10,908 SQFT 26.12 Geology building 262,200 5,200 SQFT 50.42 11,500 900 SQFT 12.81 Road regrading & rebuilding 120,000 24 km 5,000 Subtotal 678,600 Dry room expansion Equipment Mining, Ventilation, Power generators - Goddell 614,800 Mining, Ventilation, Power generators Skukum 385,300 Office and computer equipment - Geology Environmental equipment Equipment for general operation Subtotal 86,400 5,000 305,900 1,397,400 Surface exploration Reporting & assessment 387,400 Staking & mapping 224,800 551 claim 408 37,900 1,500 ea 25 24,000 metre Sampling Geophysics 456,800 Surface drilling 3,508,400 Subtotal 4,615,300 146.2 Goddell Underground Exploration Site preparation Dewatering Underground drilling Equipment repair & maintenance Subtotal 446,500 128,100 16,200,000 3,729,400 23,000 litre 0.01 metre 162.1 91,100 4,395,100 Skukum Underground Exploration Site preparation Dewatering Underground drilling Equipment repair & maintenance Subtotal 583,000 134,300 19,160,352 litre 0.01 2,350,400 13,000 metre 180.8 8 month 174,938 59,800 3,127,500 Studies Environmental Study 266,700 Subtotal 266,700 General operation General operation Equipment repair & maintenance Subtotal Total AMC 711039 : September 2011 1,399,500 46,300 1,445,800 15,926,400 iii NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Phase 2 Contingent on the program as tabled for Phase 1 being successful in gathering a suitable level of information on the geology (sufficient to estimate an Indicated Resource), as well as engineering, legal, operating, economic, social, and environmental factors involved with Tagish. The author would agree New Pacific’s budget amount for a Feasibility study budget as presented in Table 1.2. Table 1.2 Summary of the Phase 2 Property Exploration Exploration Project Description Feasibility Study AMC 711039 : September 2011 Budgeted Amount $ Measurement Unit of Measure Unit Cost $ 575,900 iv NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report CONTENTS 1 SUMMARY ......................................................................................................................i 1.1 Introduction and Property Location...........................................................................i 1.2 Geology and Mineralization ......................................................................................i 1.3 Historical Exploration ............................................................................................... ii 1.4 Metallurgy Testing ................................................................................................... ii 1.5 Mineral Resources ................................................................................................... ii 1.6 Conclusions and Recommendations ....................................................................... ii 2 INTRODUCTION ........................................................................................................... 4 3 RELIANCE ON OTHER EXPERTS ............................................................................... 5 4 property description and location ................................................................................... 6 4.1 Location .................................................................................................................. 6 4.2 Tenure .................................................................................................................... 6 4.3 Property Description ............................................................................................... 7 4.4 Permits, Royalties, and Liabilities ........................................................................... 7 5 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY ................................................................................................................. 9 5.1 Topography, Elevation, and Vegetation ................................................................. 9 5.2 Accessibility and Proximity to Population Centre ................................................... 9 5.3 Climate ................................................................................................................... 9 5.4 Infrastructure ........................................................................................................ 10 5.4.1 Surface Rights, Power and Water ..................................................................... 10 5.4.2 Tailings and Waste Storage .............................................................................. 10 5.4.3 Processing Plant (Mill) ...................................................................................... 10 5.4.4 Underground Development ............................................................................... 10 5.4.5 Other Structures................................................................................................ 10 5.4.6 Local Labour Resources ................................................................................... 10 6 HISTORY ..................................................................................................................... 12 6.1 History of Ownership ............................................................................................ 12 6.1.1 Mt Skukum ........................................................................................................ 12 6.1.2 Skukum Creek .................................................................................................. 12 6.1.3 Godell................................................................................................................ 12 6.2 Historical Exploration ............................................................................................ 12 6.3 Historical Exploration Results ............................................................................... 15 6.4 Historical Sample Preparation, Analyses and Security ........................................ 15 6.4.1 General Comments ........................................................................................... 15 6.4.2 Mt. Skukum ....................................................................................................... 15 6.4.3 Skukum Creek .................................................................................................. 16 6.4.4 Goddell.............................................................................................................. 17 6.5 Historical Data Verification for Skukum Creek and Goddell Deposits .................. 17 6.6 Historical Resources and Reserves ..................................................................... 18 6.6.1 Resource Estimate 2003 Skukum Creek and Goddell ...................................... 18 6.6.2 Results of Estimate ........................................................................................... 19 6.6.3 Resource Update 2007 Skukum Creek Deposit ............................................... 20 6.6.4 Results of Estimate ........................................................................................... 21 AMC 711039 : September 2011 i NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 6.7 Historical Reserve Estimate of Lake Veins of Mt. Skukum Gold Deposit 1988 .... 21 7 GEOLOGICAL SETTING............................................................................................. 22 7.1 Regional Geology ................................................................................................. 22 7.2 Local Geology....................................................................................................... 25 7.2.1 Proterozoic to Paleozoic Metamorphic Rocks .................................................. 25 7.2.2 Probable Jurassic Volcanic and Siliclastic Rocks ............................................. 25 7.2.3 Intrusive Rocks ................................................................................................. 26 8 DEPOSIT TYPES ........................................................................................................ 31 9 Mineralization............................................................................................................... 32 9.1 Skukum Creek Deposit ......................................................................................... 32 9.2 Goddell Deposit .................................................................................................... 35 9.3 Mt. Skukum Deposit ............................................................................................. 37 10 EXPLORATION ........................................................................................................... 39 11 DRILLING .................................................................................................................... 40 11.1 Historical Drilling ................................................................................................... 40 12 Sampling Method and Approach ................................................................................. 41 13 SAMPLE PREPARATION, ANALYSES AND SECURITY ........................................... 42 14 Data Verification .......................................................................................................... 43 15 Adjacent Properties ..................................................................................................... 44 16 Mineral Processing and Metallurgical Testing ............................................................. 45 17 Mineral Resource and Mineral Reserve Estimates ...................................................... 46 18 Other Relevant Data and Information .......................................................................... 47 19 Interpretation and Conclusions .................................................................................... 48 19.1 Goddell ................................................................................................................. 48 19.2 Skukum Creek ...................................................................................................... 49 19.3 Raca ..................................................................................................................... 49 19.4 Charleston ............................................................................................................ 49 19.5 Mt. Skukum........................................................................................................... 49 19.6 Porter Structure .................................................................................................... 50 20 Recommendations ....................................................................................................... 51 20.1 Geological Surveys............................................................................................... 51 20.1.1 Mapping and Sampling .................................................................................. 51 20.1.2 Trenching ...................................................................................................... 51 20.1.3 Geochemical Surveys ................................................................................... 51 20.2 Exploration Program and Budget ......................................................................... 52 21 References .................................................................................................................. 55 22 Date and Signature Page ............................................................................................ 57 AMC 711039 : September 2011 ii NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report TABLES Table 1.1 Table 6.1 Table 6.2 Table 6.3 Table 6.4 Table 6.5 Table 6.6 Table 7.1 Table 16.1 Table 20.1 Summary of the Phase 1 Property Exploration Budget for 2011-2012 ........... iii Drilling and drifting conducted at the Skukum Creek Resource area (1985 to 2008) .............................................................................................. 13 Drilling and drifting conducted at the Goddell Resource area (1987 to 2004) .............................................................................................. 14 Drilling Conducted at Mt. Skukum (1982 to 1999) ........................................ 15 2003 Summary of Skukum Creek Resources Using a 3 g/t Cut-off Grade ... 20 2003 Summary of Goddell Resources Using a 3 g/t Cut-off Grade .............. 20 2007 Summary of Rainbow 2 and Berg Zones of Skukum Creek Resources..................................................................................................... 21 Stratigraphy Units of the Tagish Property ..................................................... 24 Results of Historical Mineral Processing and Metallurgical Tests Prior to 2000 .............................................................................................................. 45 Summary of the Property Exploration Budget for 2011-2012 ....................... 53 FIGURES Figure 4.1 Figure 4.2 Figure 5.1 Figure 7.1 Figure 9.1 Figure 9.2 Figure 9.3 Location and Access of the Property .............................................................. 6 Mineralized Zones and Infrastructure Relative to Property Boundaries ......... 8 Camp Layout on the Property Site ................................................................ 11 SimplifiedGeology Map of the Tagish Property ............................................ 23 Section 1400E of Skukum Creek .................................................................. 34 4375E Section of Goddell ............................................................................. 36 Simplified Geology Plan of the Mt. Skukum Deposit .................................... 38 APPENDICES APPENDIX A MINERAL TENURE AMC 711039 : September 2011 iii NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 2 INTRODUCTION AMC Mining Consultants (Canada) Ltd (AMC) was commissioned by New Pacific Metals Corp (New Pacific) to review a NI 43-101 report written by a non-independent consultant in the employ of New Pacific. The report was reviewed by the B.C. Securities Commission; the review identified disclosure issues and this report is meant as an independent technical report compliant with Canadian National Instrument 43-101 (NI 43-101) for the Tagish Lake Gold Property (Tagish). The author is the “Qualified Person” pursuant to NI 43-101 and is responsible for preparing this technical report. In preparation of this technical report the author visited the site 25 July through 28 July 2011. Mr. O’Connor reviewed the available historical exploration documents with Mr. Gerhard Jacob (exploration geologist) and Mr. Alex Zhang (chief exploration geologist) of New Pacific. The documents are listed in the reference section. The main sources of information are from the historical published and internal technical reports prepared by registered professionals including Chris Naas, P.Geo., CME Consultants Inc.; Douglas Roy, P.Eng., and Patrick Hannon, P.Eng., of MineTech International Limited; Todd Johnson, P.Eng.; B.W.R. McDonald, M.Sc; R.J.Roger, P.Eng.; A.J. MacDonald, Ph.D, etc., as listed in the reference list. AMC has reviewed and relied on the descriptions of sampling approaches, procedures and analysis methods from various published and internal technical reports of the operating companies at different stages. AMC 711039 : September 2011 4 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 3 RELIANCE ON OTHER EXPERTS In the disclosure of information relating to legal, title and related issues (see Section 4), AMC has relied on information provided by the Mining Recorder of Whitehorse, Yukon, and from New Pacific. AMC 711039 : September 2011 5 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 4 PROPERTY DESCRIPTION AND LOCATION 4.1 Location Tagish is located 84 km by road south of Whitehorse, Yukon within the Whitehorse Mining District (Figure 4.1). The 178 km2 property consists of 982 full or fractional mineral quartz claims and three full Crown Grants. All claims are active and in good standing. The approximate center coordinates of Tagish in degrees and minutes is Longitude: 135° 20’W and Latitude: 60° 10’ N. Figure 4.1 4.2 Location and Access of the Property Tenure New Pacific announced in a press release on January 5, 2011, that it had completed the acquisition of the 100% interest in Tagish Lake Gold Corp. (TLG) through a court-approved plan of arrangement under the Business Corporations Act of British Columbia. TLG will operate as a wholly owned subsidiary of New Pacific. TLG’s main asset is Tagish, which under previous operators was named the “Skukum Property”. The list of mineral claims is presented in Appendix A. According to the Mineral Tenure Commissioners office website, http://www.emr.gov.yk.ca/mining/mineral_tenure_commissioners_land_yukon.html, the following is required to retain the property: AMC 711039 : September 2011 6 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report “Continued tenure to the mineral rights is dependent upon work performed on the claim or a group of claims. When work has been done on a claim and is being used for the renewal of that claim, a full report of the work done must be submitted to the Mining Recorder Office. A renewal certificate will not be issued until the report and/or survey has been approved for the value required. The Quartz Mining Act (QMA) does not specify work to be performed, except in dollar terms. Renewal of a quartz claim requires that $100 of work be done per claim, per year, based on the Schedule of Representation Work outlined in the QMA. Where work is not performed, the claimant may make a payment in lieu of work. The fee for payment in lieu is $100 per claim per year plus $5 for the certificate of work per claim per year.” The QMA does entitle TLG to all “minerals” (as that term is defined in section 1 of the act) that lie within the claim boundaries continued down vertically, but does not include limestone, marble, clay, gypsum, or any building stone when mined for building purposes, earth, ash, marl, gravel, sand, or any element that may, in the opinion of the Yukon government, form a portion of the agricultural surface of the land. 4.3 Property Description The property boundaries are located by the claim posts which were placed to mark the perimeter claims. Figure 4.2 and Figure 5.1 display the mineralized zones, mine workings, infrastructure and important natural features on Tagish. 4.4 Permits, Royalties, and Liabilities TLG currently holds a Mining Land Use Permit (MLUP, Approval No. LQ00080a) for Tagish, which is valid until October 2011. TLG submitted an amendment to the current MLUP for underground drilling at the Goddell decline. A Schedule 3 Notification was issued by the Yukon Government in May 2011 to allow for the dewatering at the Goddell portal in an effort to prepare for the 2011 underground drilling and exploration program. TGL submitted a new Class 3/4 MLUP, a Type B Water Use License Application, and a Yukon Environmental and Socio-economic Assessment Act Application (YESAA) to the Yukon Government on May 13, 2011 to effect a 2012-2016 advanced exploration program at the Property. AMC is not aware of any litigation potentially, or environmental liabilities affecting Tagish. AMC 711039 : September 2011 7 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Figure 4.2 Mineralized Zones and Infrastructure Relative to Property Boundaries AMC 711039 : September 2011 8 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 5 ACCESSIBILITY, PHYSIOGRAPHY CLIMATE, LOCAL 5.1 Topography, Elevation, and Vegetation RESOURCES, INFRASTRUCTURE AND Tagish is located in the Wheaton River valley in the Coast Range Mountains of the southern Yukon Territory. The broad, flat, valley floor, at about 1000m elevation, is semi-arid with approximately 370 mm of precipitation per year, with about half falling as rain in the summer. Nearby peaks, rising to 2,300m, receive considerably greater amounts of precipitation, primarily as snow. The most common types of trees are white and black spruce, balsam fir, pine, tamarack, aspen, and balsam poplar. Wildflowers, including magenta fireweed, anemones, yellow potentilla, monkshood, arctic poppy, harebell, wild rose, lupines, lousewort, wintergreen and beardtongue are common. Vegetation around the site consists mainly of coniferous trees, willows and poplars. Alpine grass, lichen, and smaller shrubs are present above the treeline at about 1500m. 5.2 Accessibility and Proximity to Population Centre Tagish is accessible via the Alaska Highway, approximately 24 km from Whitehorse city center the turn off to the paved Klondike Highway is taken. Approximately 18 km is the connection with the gravel Annie Lake Road then 46 km further is the entrance to the Tagish property (Figure 4.1). The mineralized target zones are connected by small gravel roads. A heliport is available at the camp. Whitehorse, the Yukon capital (population 26,500), is the closest significant population center. The Whitehorse economy relies in part on the state of Yukon mining, and many of the businesses that provide services to the mining industry are headquartered in the city. Surface access to Whitehorse is provided by a network of highways, including the international Alaska Highway connecting the Yukon with the Alaska, British Columbia, and Alberta highway networks. Whitehorse is served by the Erik Nielsen Whitehorse International Airport and has scheduled service to Vancouver, Calgary, Edmonton, Fort Simpson, Yellowknife as well as Fairbanks, Alaska and Frankfurt, Germany during the summer months. 5.3 Climate The climate around Whitehorse can be classified as sub-arctic and alpine. The average summer high and low temperatures are 20°C and 7.6°C, respectively while the average winter high and low temperatures are -14°C and -23°C. Temperatures can reach as high as 35ºC in summer and as low as -50 º C in winter. The surrounding area is semi-arid and receives approximately 160 mm of rain and 145 cm of snow each year for a total of 270 mm of precipitation. The mean temperature is above zero between mid-April and mid-October, or six months per year. The air pressure is lower than standard at around 92 kPa. The prevailing winds are South-Southeast with an average yearly speed of 14 km/h, with extreme hourly speeds up to 70 km/h and extreme gust speeds up to 100 km/h. Permafrost is present on the North facing slopes and higher elevations of the surrounding hills. South facing slopes thaw to shallow depth during summer. The exploration program operates year around. AMC 711039 : September 2011 9 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 5.4 5.4.1 Infrastructure Surface Rights, Power and Water Figure 4.2 displays the sufficiency of surface rights for a mining operation. A diesel generator with a capacity of 180 kW is the main electrical power source for the camp, installed in May 2011; two smaller generators, each 40 kW, are utilized for standby and other applications in the operation. The previous operator used water from the Wheaton River. The present camp facility uses two boreholes as a water source. Recirculated water from the settling ponds adjacent to the Skukum Creek 1300 portal and the Goddell portal is used for the underground mine rehabilitation work, the underground exploration drilling, and the surface drilling programs. 5.4.2 Tailings and Waste Storage There is an existing tailings pond near the mill with an estimated capacity of 700,000 tonnes (Figure 4.2). The topography is suitable to establish waste rock storage areas or to expand the tailings storage capacity. There is potential for a portion of the tailings to be used as mine backfill. 5.4.3 Processing Plant (Mill) There is an existing mill, left over from the previous Mt Skukum mining operation (Figure 5.1). It consists of crushing, grinding, cyanidation, and Merrill-Crowe precipitation. It is housed in a preengineered steel building and has a rated capacity of 270 tonnes per day. There has been some vandalism and/or removal of electrical and other fixtures of the plant infrastructure. 5.4.4 Underground Development Two adits access the Rainbow Zone on the 1300m and 1350m levels. Footwall drifts run parallel the Rainbow Zone, toward and into the Kuhn Zone. The adit and footwall drifts are potentially large enough (approximately 3x3 mm) for production purposes. Numerous crosscuts access the main mineralized zone on both levels. A decline provides access to the 1275, 1250, and 1225m levels, all of which are used for diamond drilling. A raise connects the 1300 and 1350m levels in the Rainbow Zone and a vertical ventilation raise connects all levels with the surface at an elevation of approximately 1450m. Two raises connect the 1300 and 1350m levels within the Rainbow and Kuhn main mineralized zones. The latter provides the only access to the 1350m sublevel within the Kuhn Zone. 5.4.5 Other Structures There is a pre-engineered steel structure service building with 250m2 of floor space used for the exploration program. Also a full-service 50 person camp facility and a six-room office trailer, both of which are heated (Figure 5.1). 5.4.6 Local Labour Resources There is skilled and unskilled mine labour available in the region. AMC 711039 : September 2011 10 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Figure 5.1 Camp Layout on the Property Site AMC 711039 : September 2011 11 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 6 HISTORY Information in this section is primarily derived from the report “Review of the Skukum Property” prepared in 2001 by CME Consulting Ltd (CME), for TGL. In 1981, Agip Canada Ltd (Agip) discovered gold in the Skukum area. The discovery precipitated a staking rush. The subsequent exploration resulted in the discoveries of the Skukum Creek deposit by Omni in 1985 and the Goddell Gully deposit by Berglynn Resources Inc in 1988. 6.1 6.1.1 History of Ownership Mt Skukum Between February 1986 and August 1988, Mount Skukum Gold Mines Limited, a joint venture between Total Erickson Resources Ltd and Agip, produced 77,796 ounces of gold from 223,439 tons (or tonnes - reporting is inconsistent). Most of the mill feed came from a single vein in the oxidized Main Cirque Zone. Wheaton River Minerals Ltd (Wheaton) purchased 820 claims in July 1991 to hold 100% interest in the property. Omni purchased the Mt Skukum claims and the mill from Wheaton in September 1994. Omni re-staked 22 claims before 1996. During 1996-1997, Omni and Trumpeter Yukon Gold (TYG) jointly staked 135 claims (50/50 interest). During 1999, CME re-staked 25 full or fractional claims on behalf of the TYG/Omni partnership. 6.1.2 Skukum Creek The Skukum Creek deposit, was first staked by Omni with 138 claims in 1984. Omni expanded its land position by 44 claims by reaching an agreement in 1985 with Skukum Gold Inc. Omni staked or acquired additional claims between 1986-1998, bringing its total holding to 356 claims. Skukum Gold Inc and Omni formed a joint venture in 1988. The agreement was terminated in 1990. Ownership reverted back to Omni. Wheaton optioned the property in 1991. That option was renegotiated in 1992, Wheaton's option eventually expired. Omni and TYG amalgamated in 2000 to form TLG. 6.1.3 Godell Omni optioned it from an Arkona/276 Taurus Ventures Ltd partnership in 1995. The TYG/Omni partnership staked an additional 69 claims north of the property, covering the camp and mill site. They were registered under BYG Natural Resources. Before TLG was formed in 2000, all claims that were not registered in either Omni's or TYG's name were transferred to Omni. 6.2 Historical Exploration The historical exploration on the claims comprising the holdings of TLG is well documented in Naas reports of 2001, 2003, 2005, and 2007. Johnson 2010, and Roy and Hannon 2003 are also sources of exploration history. AMC 711039 : September 2011 12 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Historical exploration consisted of surface geological surveys, geochemical surveys, ground and airborne geophysical surveys, trenching, underground development, and surface and underground drilling. Approximately 121,000m was drilled in more than 910 holes, and 7,630 mm of underground drifting and crosscutting were developed for the three deposits. The following summary drilling tables are sourced from the above documents. Table 6.1 Drilling and drifting conducted at the Skukum Creek Resource area (1985 to 2008) Total amount of drilling completed (m) Years drilling and/or underground development completed Amount of Drift Completed (m) Companies Involved 23 (s) 2,322.61 (s) 1985 0 Aurum 55 (s) 8,301.47 (s) 1986 0 Aurum 69 UG and 11(s) 2,624.03 (s) 4,821.97 (UG) 1987 823; collar the 1,300 metre portal Aurum and Omni Resources Inc. 13 UG 24 (s) 1,416 (UG) 5,165 (s) 1988 1,571; collar the 1350 m portal Skukum Gold Inc. and Omni Resources Inc. 15 UG 1,647 UG 1996 100 Omni Resources Inc. 7 (s) 2,739 (s) 1997 ND Omni Resources Inc. Total Number of Drill holes completed 5 (s) 1,321.9 (s) 1998 ND Omni Resources Inc. 4 (s)15 UG 1,502.35 (s) 2,502.52 UG 2001 ND TLGC 5 UG 248 UG 2003 586 TLGC 14 UG 913.4 UG 2005 ND TLGC 72 UG 6,446.21 UG 2006 400 TLGC 13 UG 1,783.4 UG 2007 570 TLGC 3 UG 342.6 UG 2008 0 TLGC TOTALS 129 (s) 219 UG 23,976.36 (s) 20,121.1 UG 1985-2008 4,050 Various NOTES: UG = Underground; (s) = surface; TLGC = Tagish Lake Gold Corp.; ND = no data. The Skukum Creek 1,300 metre portal was collared in January 1987. Source from T.W. Johnson and J.Fan, 2010. AMC 711039 : September 2011 13 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Table 6.2 Drilling and drifting conducted at the Goddell Resource area (1987 to 2004) Years drilling and/or underground development completed Total amount of Total Number of Drill drilling completed holes completed (m) Amount of Drift Completed (m) Companies Involved 1987 13 (s) 2,857.19 (s) 0 Berglynn Resources Inc. and Skukum Gold Inc.; Skukum Ventures 1988 4 (s) 1,976.33 (s) 0 Skukum Gold 1990 7 (s) 1,573.08 (s) 0 Skukum Gold 1995 5 (s) 2,855.4 (s) 0 Aurum 1996-1997 40 UG 9,242.55 (UG) 780 Trumpeter Yukon Gold and Omni Resources 2003 3 (s) 974.74 (s) 0 TLGC 2004 2(s) ~900 (s) 0 TLGC and Yukon Government 2008 3 UG 342.6 UG 0 TLGC 1987-2008 TOTALS 34 (s) 43 UG ~11,136.74 (s) 9,585.15 UG 780 Various NOTES: UG = Underground; (s) = surface; TLGC = Tagish Lake Gold Corp.; ND = no data. The Goddell Gully has also been referred to as the Golden Tusk Zone and the PD Zone, and the Main Zone in previous reports; the Golden Tusk Zone stratigraphically overlies the PD. Zone by about 350m. The Goddell Gully portal was collared in 1996 and is located at 1,017.86m portal elevation. The two drill holes completed in 2004, numbers GG03 and GG04, should to be compiled into the Skukum drillhole database. (Johnson and Fan, 2010). AMC 711039 : September 2011 14 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Table 6.3 Years of Drilling Total Number of Total amount of Drill holes drilling completed completed (m) Target Zones Companies Involved 1982 29 3,325.80 Main Cirque Agip 1983 40 4,380.52 Main Cirque, Brandy Agip 1984 61 6,097.50 Brandy, cirque, lake Agip 1985 6 168.42 Cirque Ericson 1986 72 8,864.96 Brandy, Cirque, lake Mount Skukum Gold Mining 17,125.47 Evening, ocean, midnight, pika, falls, lake, Cirque, fox, wunder, brandy, gully Mount Skukum Gold Mining Mount Skukum Gold Mining 1987 6.3 Drilling Conducted at Mt. Skukum (1982 to 1999) 153 1988 106 12,373.45 Ocean, morning, pika, tango, lake, Cirque, fox, kiwi, brandy, sulphide 1989 14 3,214.73 Ocean, tango, goat Mount Skukum Gold Mining 1991 3 576.38 Ocean Wheaton River Mineral 1997 5 608.08 Ocean Omni Historical Exploration Results The exploration results are primarily discussed under Historic Resource Estimates. 6.4 6.4.1 Historical Sample Preparation, Analyses and Security General Comments Samples were analyzed at a number of laboratories, including Acme Analytical Laboratories Ltd, Bondar-Clegg Laboratories, and Chemex Labs, all located in Vancouver, British Columbia. Northern Analytical of Whitehorse, Yukon, Little Salmon Analytical of Carmacks, Yukon and Barringer-Magenta of Calgary, Alberta were also utilized. All laboratories conducted internal quality control procedures such as using standards and blanks as control samples and repeat assays. There are no documents available that describe the quality control measures taken by the previous operators. Since 1986 all results of assays are documented as printed copies in binders and are stored at the camp office. The assay results are accompanied by certified copies. The following is a description for the three deposits within the Tagish property. 6.4.2 Mt. Skukum No information was available concerning sampling or quality control procedures used for the Mt. Skukum deposit. A small analytical laboratory was set up on site during exploration and mining phases. Assaying procedures are unknown. Several external laboratory certificates were discovered, but those represent only a small portion of the number of assays that were carried out. No specific information on sample security was discovered. AMC 711039 : September 2011 15 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 6.4.3 Skukum Creek Prior to 2001 The available information indicates that all Skukum Creek samples were assayed by third party laboratories. No control samples are known to have been submitted by the Property owner, though some samples of higher grade were sent for re-assay at a second laboratory. Surface samples were analyzed using multi-element ICP with higher grade samples being re-assayed by fire assay. Drill core samples were almost exclusively fire assayed, though some were assayed using unspecified geochemical analyses. Metallic fire assays on selected samples were carried out to determine if coarse-grained gold was present. Results suggested that the gold was fine-grained. A notice regarding proper core handling procedures was found at the existing core logging facility, though no specific information on sample security was discovered. 2001 and After Records indicate that the practices employed in sample preparation, analysis and security followed industry practices and that they were in compliance with NI 43-101 standards and regulations. Sample preparation and analysis were carried out in accredited commercial laboratories including Eco-Tech Laboratory Ltd (Eco-Tech), based in Kamloops, BC and Acme Labs, based in Vancouver, BC. In 2002, samples were analyzed by ACME Labs (ISO 9002 certified), who applied multi-element analysis by ICP-ES after acid digestion. ICP-MS analysis after aqua regia digestion was used for gold. When gold values were greater than 900 ppb or silver values were greater than 100 ppm, they were re-analyzed using fire assay techniques. Bondar Clegg Canada Ltd (ISO 9002 certified) of North Vancouver, BC carried out check analyses (Naas, 2002). Eco-Tech Laboratory Ltd (Eco-Tech), based in Kamloops, BC has carried out TLG’s assaying since 2003. Samples are weighed to 30 grams and fused along with proper fluxing materials. The bead is digested in aqua regia and analyzed on an atomic absorption instrument. Overrange values for rocks are re-analyzed using fire assay and AAS finish methods. Appropriate reference materials accompany the samples through the process allowing for quality control assessment. Security was considered during diamond drilling. When a hole was approaching the mineralized zone, an experienced CME representative was constantly present at the rig. The core was never left unsupervised and was taken by the CME representative to a locked room at the end of shift. No one could enter the room without supervision. The core was cut using a rock saw and half the sample was placed in a sample bag. The bag was then heat-sealed and placed back in the locked room. A CME representative transported the samples to a reputable courier in Whitehorse where the accredited preparation laboratory organized transportation of pulp samples to assay labs by courier. AMC 711039 : September 2011 16 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 6.4.4 Goddell Third party laboratories appear to have analyzed all of the samples from Goddell Gully. Soil samples were analyzed for gold using unspecified geochemical methods. Silver and base metals results are also reported, but by what process those analyses were made is unknown. Drill core samples were analyzed for gold using both fire assay and unspecified geochemical methods. Silver and base metals were also inconsistently assayed. During the late 1990s, surface samples were analyzed using multi-element ICP and unspecified geochemical methods with higher-grade samples being re-assayed using fire assay analysis. Metallic fire assays on selected higher-grade samples were carried out. 6.5 Data Verification used for Historical Resource Estimate of the Skukum Creek and Goddell Deposits CME carried out a sample verification program in 1999 as part of a due diligence study. Six diamond drill holes were selected for re-sampling, four of which were from the Rainbow Zone of the Skukum Creek deposit and two of which were from the P.D. Zone of the Goddell Gully deposit. Forty-six samples were re-assayed using fire assay analysis and multi-element ICP. The re-assay was carried out by Chemex Labs of Vancouver, BC, while ACME Analytical Laboratories Ltd, also of Vancouver carried out the original assaying. Except for three samples, the verification samples showed acceptable correlation with historical counterparts/samples. It was thought that mislabeling may have been the reason behind the three samples with poor correlation. When the entire main mineralized zone of the drill hole from which the three samples were taken was re-sampled, acceptable correlation with historical results was obtained. In 2003, when Roy, P.Geo, of MineTech did a resource estimate, several verification samples were selected from existing drill core and channel samples to confirm the presence of mineralization. A total of five samples were selected. For the Skukum Creek deposit, one sample was selected from 1980s exploration, one from 1990s exploration, and one from underground channel sampling. From Goddell Gully, one sample was selected from 1980s exploration and one from 1990s exploration. Four additional verification channel samples were taken near historical samples in the Rainbow Zone on the 1,350, 1,300, and 1,250m levels. The results confirmed the presence of gold in all samples and silver in the Skukum Creek samples. The four core samples more accurately verified the original samples. Of those, two returned lower gold grades than the original samples, one returned a similar grade, and one returned a much higher grade. The channel samples were not taken in exactly the same locations as the original samples; however, they confirmed the presence of gold and silver in the underground workings. As such, Mr. Roy was satisfied with the data verification. In 2007 when Roy was retained by TLG to do a resource update of the Berg Zone and Rainbow Zone of Skukum Creek, he took several measures to verify the data. The verification measures include database checks for logical errors, checking the data file provided by TLG against the original assay certificates, taking verification samples from drill cores and checking a face sample taken from the 1,300 metre level. Roy concluded the results of verification sampling were within acceptable limits. AMC 711039 : September 2011 17 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 6.6 Historical Resources and Reserves There are numerous historical estimates of resources and reserves of the deposits in Tagish completed by in-house professionals of numerous companies and third party consultants since late 1980s. The most recent estimates were made by MineTech in 2003 on the Skukum Creek deposit and Goddell deposit and a 2007 resource update on the Skukum Creek deposit. The Mt. Skukum gold deposit has a historical reserve estimate dated 1988. The following is a summary of the historical estimates. No new exploration drilling has occurred since the above mentioned estimates were published. All of the following estimates are being treated as historical estimates by New Pacific. A Qualified Person has not done sufficient work to classify the historical estimates in this section as current mineral resources or mineral reserves. A Qualified Person should review the models that were created for the historical resources to confirm all the mineralization was outlined. The models should be rerun at current metal prices used for resource estimates. The historical resources should not be relied upon until the mineralization review is completed and the models are rerun at current metal prices. The historical estimates in this section use the categories set out in sections 1.2 of the NI 43-101 Standards of Disclosure for Mineral Projects. 6.6.1 Historical Resource Estimate 2003 Skukum Creek and Goddell For the purpose of this section the new NI 43-101 definition of historical resource is used. The historical estimate has not been verified by New Pacific as a current mineral resource and the estimate was prepared prior to New Pacific acquiring the property. MineTech was commissioned by TLG to complete a resource estimate for the Skukum Creek and Goddell deposits in August 2002, and this work was completed in June, 2003 with the technical report “Tagish Lake Gold Corporation Skukum Creek and Godell Gully Deposits”. The historical estimate uses metal prices of $300 Au and $4.50 Ag. The metal prices used are significantly lower than current metal prices and the estimate may not reflect the resource at current prices. The estimate uses the category definitions of resources as per section 1.2 of the instrument. Data Verification and Site Visit MineTech reviewed all technical reports provided by TLG and by CME, and examined the QA/QC program that formed the basis for the sampling system. Roy visited Tagish in September 2002 during a diamond drilling campaign supervised by CME, collected samples and verified the presence of gold and silver mineralization through an independent assay laboratory (ALS Chemex based in Vancouver), observed the sampling system, and discussed the geological setting with the site geologists. Methods of Estimation used for the Historical Mineral Resources The resource estimate was done using MicroLynx resource estimating and mine planning software. All drilling and underground channel sampling data was checked for errors and sample statistics were examined. AMC 711039 : September 2011 18 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report For Skukum Creek, all sample data were collected as of the end of 2002, totaling 5,135 gold samples and 4,885 silver samples. For Goddell, there were 3,949 core samples in total. At Skukum Creek, specific gravity was estimated using inverse distance weighting. At Goddell, an average specific gravity value of 2.7 t/m3 was used as no specific gravity sampling had been carried out. At Skukum Creek, drilling and sampling data were translated to 475,000m west and 6,675,000m south and rotated clockwise 35°. Drilling and channel samples were downhole composited or regularized over one metre intervals. Equivalent gold grades were calculated for each composited silver sample; however, gold and silver grades were calculated separately for each block. The equivalent grade was equal to the silver grade multiplied by the ratio $4.50/$300 or 0.015, where $4.50 and $300 were the average respective silver and gold prices (in $US per troy ounce). Cross sections were created to show geology and the equivalent gold grades at 1:1000 scale spaced 25m apart in the Rainbow and Kuhn Zones, and 50m apart in the Ridge Zone. Shear zone geology and an outline of "higher grade" material greater than 5 g/t within the shear zone were outlined on hard copies of the sections. Both shear zone and high grade outlines were digitized and solid models were made, producing eight shear zone subzones and twelve "outline" subzones. The high grade outline model was used to construct a block model with dimension of 2m3, subblocked five times across strike and twice down-dip. Concurrently, a polygonal resource estimate was carried out, consisting of calculating the average grade of all samples within each section that were within the outline. Calculating the area of each section and multiplying that by the section width and average specific gravity gave the mass of each section. Measured Resources were identified as blocks that were within 15m from two underground channel samples, Indicated Resources were identified as blocks that were within the outline and were less than 25m away from at least two samples. At Goddell, the same procedure for outlining geology was used as for outlining geology at Skukum Creek. An outline value (not an economical cut-off value) was created using 5 g/tonne as a guide for the outline's outer limits. East-west sections were created at 1:1,000 scale using a section spacing of 50m, except for a 100m portion over which a 25m spacing was used. Two zones were outlined and a specific gravity of 2.7 t/m3 was used. A block model was constructed with block dimensions of 2m3. Each block was subdivided five times across the strike dimension and twice in the vertical dimension to allow finer geology resolution. A polygonal method was used to estimate resources. Indicated Resource was defined as within 15m of sampling and Inferred Resources within 25m of sampling. 6.6.2 Results of Estimate A summary of the estimate results are shown in Tables 6.4 and 6.5 below. The total contained metal does not consider metallurgical recovery. An equivalent gold cut-off grade was calculated using $300 and $4.50 ($US per ounce) for gold and silver prices, respectively. Tonnage value of each zone is individually rounded. The subtotal is the rounded sum of the non-rounded values. AMC 711039 : September 2011 19 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Table 6.4 2003 Summary of Skukum Creek Resources Using a 3 g/t Cut-off Grade Measured Zone Tonnes Au Grade (g/t) Indicated Ag Grade (g/t) Ridge Measured+Indicated Tonnes Au Grade (g/t) Ag Grade (g/t) Tonnes Au Grade (g/t) Ag Grade (g/t) 60,000 5.14 145 60,000 5.14 145.00 Kuhn 51,000 10.88 95 260,000 5.19 127 310,000 6.12 122.00 Rainbow 165,000 3.79 266 550,000 6.05 198 710,000 5.53 214.00 Subtotal 220,000 5.46 226 870,000 5.73 173 1,080,000 5.68 184.00 Inferred Ag Grade (g/t) Zone Tonnes Au Grade (g/t) Ridge 68,000 5.56 157 Kuhn 39,000 4.02 129 Rainbow 43,000 5.53 225 Subtotal 150,000 5.15 169 Table 6.5 2003 Summary of Goddell Resources Using a 3 g/t Cut-off Grade Indicated 6.6.3 Inferred Zone Tonnes Au Grade (g/t) Metal (oz) Tonnes Au Grade (g/t) Metal (oz) PD 400,000 9.55 123,000 350,000 8.11 91,000 Resource Update 2007 Skukum Creek Deposit In November 2006, TLG again retained MineTech to do an update of the resource of the Skukum Creek deposit based on drilling on the Rainbow 2 and Berg Zones between 2003 and the end of 2006. A technical report titled “A Resource Report Update for the Skukum Property” was released in August 2007. The 2007 historical estimate was an update to the resources on the Goddell property based on drilling in the Rainbow 2 and Berg Zones. These zones are in addition to the zones in the 2003 historical estimate. The metal prices used in 2007 were $650 for Au and $13 for Ag. Data Verification and Site Visit Roy was the principal author of the resource report. He visited the project site in May 2007, spoke with site geologists, reviewed the QA/QC procedures, inspected the site and underground workings and verified assay data by both checking data against original assay certificates and taking verification samples. He concluded that the sample preparation, assay procedures and security measures were adequate, and the results of verification sampling were within acceptable limits (Roy and Hannon, 2007). AMC 711039 : September 2011 20 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Methods of Mineral Resource Estimate The resource estimate was done using Micromine Version 10.1.2. Prior to estimate, the supplied data was checked for logical errors. Gold equivalent was calculated based on metal prices of gold at US$650 and silver at US$13 per troy ounce to establish cut-off grade for the purpose of outlining mineralized zones and reporting resources, but block value was estimated separately for gold and silver. Top-cut values were set at 35 g/t for gold and 350 g/t for silver. Mineralized zones were interpreted on paper and then digitized in computer. A cut-off grade of 2 g/tonne of gold-equivalent over a minimum horizontal width of 1.2m was used. Inverse-distance weighting was chosen for grade estimation. Separate two-dimensional block models were created for each zone. Block dimensions were 5m x 5m (in the East and Elevation directions). Block thickness values (North direction) were calculated during the estimation process. The geometry of each zone was constrained by the geological outlines. Grade estimation was carried out using inverse distance weighting with a power of two. Horizontal thickness values were calculated for each drilling intercept and inverse distance (ID) weighting with a power of three was used to estimate block thickness values. Block specific gravity values were also estimated using inverse distance weighting with a power of two. Indicated Resource was defined as within the outlined geology and within 20m of at least two drilling intercepts, and Inferred Resource as within the outlined geology but within 40m of at least one drilling intercept. There was no Measured Resource category since no samples were from underground channel sampling. 6.6.4 Results of Estimate The resource estimate results in 2007 for Rainbow 2 and Berg zones are summarized in Table 6.6 using cut-off grades of 3 g/t and 4 g/t gold equivalent respectively (Roy and Hannon 2007, p.37 and p.41): Table 6.6 2007 Summary of Rainbow 2 and Berg Zones of Skukum Creek Resources Indicated Cut-off (g/t Tonnes AuEq) 6.7 Au Grade (g/t) Inferred Ag Au Metal Ag Metal Grade Tonnes (oz) (oz) (g/t) Au Grade (g/t) Ag Grade (g/t) Au Metal Ag Metal (oz) (oz) 3.0 126,000 8.0 101 32,408 409,000 101,000 7.2 99 23,380 321,000 4.0 110,000 8.8 108 31,000 382,000 81,000 8.4 106 21,876 276,000 1988 Historical Reserve Estimate of Lake Veins of Mt. Skukum Gold Deposit There were various versions of historical mineral reserve estimates of the Mt. Skukum deposit. The most frequently cited historical reserve estimate is the one of the Lake zones in an unpublished report by Macdonald of Agip in 1988. There was inadequate supporting data for the author to validate the estimate and the author does not consider the estimate to be reliable for public disclosure. The Lake Veins are mentioned in this section for the sole reason that the prospect has high exploration potential in the Lake Veins area. AMC 711039 : September 2011 21 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 7 GEOLOGICAL SETTING The Mt. Skukum, Skukum Creek and Goddell mineralization are geologically situated in a subvolcanic to volcanic caldera system which is underlain by a dome (or several dome) complexes. Subvolcanic stocks, dykes and breccias follow extensional and transtensional tectonic features of the stratovolcanic and volcanic edifices. The mineralization pulses were syn to late-tectonic and related to the Tertiary volcanism. 7.1 Regional Geology The regional geological setting of the Skukum project area is described in Hart and Radloff (1990), from which the following information is summarized. The project area is located within the Intermontane Belt of the Canadian Cordillera. The oldest rocks in the area are comprised of domains and screens of probable Paleozoic gneiss, assigned to the Nisling Terrane by Hart and Radloff (1990), and Jurassic andesitic volcanic and siliciclastic sedimentary rocks of the Stikine Terrane and Whitehorse Trough overlap assemblage. Stratigraphic and contact relationships are commonly obscured by the many intrusions associated with the Coast Plutonic Complex. Strata of the Jurassic Whitehorse trough are affected by a series of open to tight, northwest-trending folds that probably formed in Upper Jurassic to Lower Cretaceous time, approximately coeval with activity of the Skeena Fold Belt to the south in British Columbia. The folds are superimposed on earlier, probably pre-Triassic, metamorphic fabrics and the northwest-trending Tally-Ho shear zone, a major Late Triassic shear zone that is developed approximately 15 km to the northeast of the project area and which forms the easternmost limit of exposures of the Nisling Terrane. Mesozoic plutonic rocks, which underlie much of the project area, separate the Jurassic units and Nisling Assemblage into isolated domains and screens. Major intrusions include the Alligator Quartz Monzonite and the late Triassic or early Jurassic K-feldspar megacrystic Bennett Granite that are widespread east of the Wheaton River in the Skukum project area. The most abundant rock types in the region comprise metaluminous Cretaceous intrusions of the Coast Plutonic Complex, which are subdivided into several plutonic suites by Hart and Radloff (1990). The dominant Cretaceous suites in the project area include the Mt. McIntyre plutonic suite (96 to 119 Ma), comprising the Mt. Ward granite and Carbon Hill quartz monzonite, and the Whitehorse plutonic suite (116 to 119 Ma), locally represented by the Mt. McNeil granodiorite pluton. Isolated accumulations of mid- to late-Cretaceous volcanic rocks of intermediate composition of the Mt. Nansen Group are present regionally and are approximately coeval with the Coast Plutonic Complex. At the Skukum property, these rock types occur on the eastern flanks of Carbon Hill and southeast of Goddell Gully near the Becker-Cochran prospect, where they comprise green tuff and tuff breccia that unconformably overlie the Bennett Granite and Jurassic strata. Late Cretaceous and Early Paleocene brittle dextral displacement associated with widespread dextral displacement throughout the Cordillera is related to reactivation of the Triassic Tally-Ho shear zone. This phase of displacement formed a brittle fault system, termed the Llewellyn fault by Hart and Radloff (1990), which exploited parts of the earlier Tally-Ho structure. AMC 711039 : September 2011 22 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Subsidiary faults generated during this tectonic episode may subsequently have been remobilized during Eocene volcanic activity to locally form caldera-bounding structures; these may also have acted as permeable structural sites for the formation of the late-volcanic vein deposits hosted by faults and shear zones in the Skukum project area. Figure 7.1 SimplifiedGeology Map of the Tagish Property AMC 711039 : September 2011 23 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Table 7.1 Stratigraphy Units of the Tagish Property ERA PERIOD FORMATION LITHOLOGY Quaternary Unconsolidated surface alluvium Pleistocene Glacial and glaciofluvial deposits Cenozoic Erosional Interval Late Paleocene to Early Eocene Skukum Group (Mt. Skukum Volcanic Complex) Felsic to intermediate volcanic flows, breccias, ash to lapilli tuffs and related epiclastic rocks and pyroclastic flows, felsic dyke emplacement, quartz veining and mineralization. Paleocene - Unconformity (Intrusive Contact) Middle Cretaceous Coast Plutonic Complex (Mount McIntyre Plutonic Suite) Carbon Hill Plug: recessive, granular weathering biotite-quartz monzonite and granophyric, hornblende and alkali-feldspar granite Mid-Cretaceous dykes, plugs Siliceous pale green, saccharoidal rhyolite and aplite (Whitehorse Plutonic Suite) Mr. Anderson Pluton: Biotite and porphyritic hornblende granodiorite. Mount Nansen Group (Carbon Hill Volcanics) Undifferentiated volcanics, andesite flows and breccias, tuffaceous andesite. Lower Cretaceous - Erosional Unconformity Mesozoic Late Jurassic Tantalus Formation Chert pebble conglomerate, polymictic conglomerate and related siliciclastic rocks. Late Jurassic Volcanics Andesite porphyry flows, breccia, epiclastic rocks. Erosional Unconformity Early Jurassic Alligator Quartz Monzonite Foliated hornblende-quartz monzonite to granodiorite Bennett Granite Megacrystic, potassium feldspar-hornblende granite to granodiorite to quartz monzonite. Erosional Unconformity Paleozoic and Older (?) Late Triassic to Paleozoic Nisling Assemblage Rusty weathering metavolcanic schists, quartzite and marble; minor black argillite. (After G. L. Wesa and T. M. Elliott, 1999) AMC 711039 : September 2011 24 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 7.2 Local Geology The local geology at the Skukum property is shown in Figure 4.2. The following local geology descriptions were taken from Naas (2004). 7.2.1 Proterozoic to Paleozoic Metamorphic Rocks Metamorphic rocks of the Nisling Terrane underlie the western extent of the Property (Charleston area), and occur as isolated roof pendants in the Chieftain Hill and Goddell areas of the Property. The encountered metamorphic rocks comprise three units, the Nisling and Nasina assemblages as well as undifferentiated gneiss. Nisling Assemblage The Nisling Assemblage is comprised of rusty-brown weathering, competent non-fissile biotite, muscovite-quartz feldspar schist, quartzite and marble. A planar foliation is well developed parallel to compositional layering. Compositional layering is observed in the schists and quartzites from 1-2 cm wide and from 1-100m wide in the marbles. Nasina Assemblage These rocks are very similar to the Nisling Assemblage in composition but distinguishable by graphitic, commonly garnet-bearing quartz schists and lesser marble. The best exposures are seen to the west of Mt. Skukum. The rocks are also well foliated but fissile due to partings on the graphitic layers. The typical lithology is garnet-muscovite, garnet-graphite schists and carbonaceous quartzite. Undifferentiated Gneiss Feldspar-hornblende orthogneiss with minor biotite, epidote, and chlorite are found on Chieftain and Carbon Hills in the Wheaton River area. This unit is not in actual contact with the other two but has been included in the Nisling Terrane based on descriptions and other relationships determined by other workers. 7.2.2 Probable Jurassic Volcanic and Siliclastic Rocks Conglomerate Pebble conglomerate is present in several drill holes completed historically at the eastern end of the Rainbow zone, immediately southwest of Skukum Creek. The unit is composed of clastsupported conglomerate with rounded clasts of chert and quartzite in a pale green sericitic matrix. This unit probably belongs to the Jurassic Tantalus Formation (Hart and Radloff, 1990). It is present in an area of no outcrop and core is incomplete and partially lost for the holes containing this unit, so its contact relationships and orientation could not be assessed. Conglomerate that has been mapped along the southeastern flanks of Chieftain Hill by Mt. Skukum Mines (unpublished mine maps; Hart and Radloff 1990), and which is intercalated with Jurassic volcanic rocks, may also correlate with this unit. AMC 711039 : September 2011 25 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Intermediate Volcanic Rocks Holes drilled in the Rainbow East zone (RACA97-1 to RACA97-3) first pass through thick, recent talus of fresh Tertiary volcanic rocks, and then intersect pale grey, sericite+pyrite±magnetite altered, locally plagioclase±pyroxene porphyritic volcanic rocks of probable intermediate composition. Main rock types include massive, grey lapilli to block tuff and tuff breccia, and massive porphyritic flows or sub-volcanic intrusive rocks. These units are distinct from the fresh Tertiary volcanic units present in talus higher on the slope. Their altered state, close spatial association with Jurassic conglomerate of the Tantalus Formation that is present immediately across Skukum Creek, and occurrence of Cretaceous intrusive rocks within them suggest that they may correlate with Jurassic pyritic andesitic volcanic rocks present on the eastern flank of Chieftain Hill 2 km to the northeast. Since these volcanic units are present in an area of poor exposure under talus, their contact relationships with adjacent rock types is unknown. 7.2.3 Intrusive Rocks Ten types of intrusive rocks of widely variable composition and texture are identified underlying the Property. In general, the rocks comprise at least three larger intrusive masses and numerous dykes, including andesitic and rhyolitic dykes of Tertiary age. The dykes are most abundant within and immediately adjacent to major fault zones, which probably provided the structural control for their emplacement. In some cases, the appearance of certain types of dykes can be significantly modified by hydrothermal alteration and lead to confusion in assignment. 7.2.3.1 Pre-Tertiary Intrusions Biotite-hornblende granodiorite (Mt. McNeil pluton; Cretaceous) Within the Skukum project area, the Mt. McNeil pluton underlies the valley of Berney Creek, Mt. Reid and the south side of Skukum Creek, immediately to the south of the Mt. Skukum volcanic complex. Hart and Radloff (1990) report a 111 Ma U-Pb zircon age from the pluton in the Skukum project area. This intrusion is the most common host rock to the Skukum Creek deposits. It is characterized by large, euhedral hornblende grains that locally exceed 1 cm in length but which are mostly 3 to 6 mm long. The unit is coarse-grained and equigranular to seriate. It typically contains approximately 10% hornblende, 5% biotite, 25 to 30% quartz, 30 to 35% plagioclase and 20% K-feldspar, providing an IUGS classification as biotite-hornblende granodiorite. Fresh rock contains abundant magnetite. Partially disaggregated cognate xenoliths of fine-grained diorite are common. Where fresh, it is strongly and evenly magnetic. Hornblende and biotite have been at least partially replaced by greenish chlorite in even the freshest samples. Alteration is pervasive and much stronger close to major shear zones. K-Feldspar megacrystic biotite-hornblende granite (Bennett Stock; Triassic-Jurassic) Drill holes completed in the Rainbow East zone on the northeast side of Skukum Creek (holes RACA97-1 to 3) intersected a foliated K-feldspar megacrystic granite, which based on textural and mineralogical similarities is interpreted to be the Bennett granite which is widespread in the region. Doherty and Hart (1988) report a U-Pb zircon age for the Bennett granite of about 220 Ma, although other U-Pb dates in the region return approximately 175 Ma (J. K. Mortensen, pers. comm. 2002). AMC 711039 : September 2011 26 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report This unit is broadly similar to the biotite-hornblende Mt. McNeil granodiorite at Skukum Creek, but is distinguished by (i) the presence of megacrysts of euhedral K-feldspar up to several centim in size in a coarse-grained, equigranular matrix; and (ii) a higher K-feldspar/plagioclase ratio. It is properly called granite. This unit is invariably altered near veins and shear zones. Porphyritic hornblende monzonite to quartz monzonite This unit is present as irregular bodies and dark dykes within the Mt. McNeil pluton in the vicinity of the Skukum Creek deposits. It commonly contains inclusions of the Mt. McNeil granodiorite. The unit typically has a salt and pepper texture that reflects subequal concentrations of euhedral hornblende prisms and equant, white plagioclase phenocrysts. The groundmass is dark and fine-grained. Some variations on this rock type contain minor quartz. Plagioclase phenocrysts typically form approximately 40% of the rock, but locally exceed 50% requiring it to be called a porphyry. The moderate response to K-feldspar staining is consistent with monzonite. This rock type is common in the Skukum Creek area, but it was not observed at Goddell Gully or Chieftain Hill. Where present within or near mineralized shear zones, this unit is invariably altered. The rock locally contains minor cognate diorite xenoliths, but their concentration is markedly less than in the Mt. McNeil granodiorite. Biotite-pyroxene monzodiorite This rock type was observed only in the Skukum Creek area within the Taxi zone, and in DDH 98GE-1 located southeast of the Rainbow and Kuhn zones. In the Taxi zone, a diorite cross cuts the Mt. McNeil granodiorite, whereas at Golden Eagle an opposite relationship was observed. The intrusions in each example are medium-grained and equigranular. Quartz is locally present in minor (<5%) concentrations, and the rock is moderately magnetic. Biotite and pyroxene together make up 30 to 35% of the rock. Kfeldspar staining indicates that this rock type is most appropriately described as a biotite-pyroxene monzodiorite or quartz monzodiorite. Both dioritic bodies that were encountered have a weak foliation and are cut by chloritic and/or sericitic veinlets. Biotite granite This is a medium-grained, equigranular intrusive rock that occurs locally in the Taxi zone and in drill holes south of the Kuhn Fault. It typically has no or only minor alteration or fabric. Dykes of this rock type cross cut the Mt. McNeil granodiorite, but were not observed in contact with other intrusions. The rock is moderately magnetic and the only ferromagnesian phase is biotite. It is cut locally by chlorite or sericite veinlets. Hornblende-biotite quartz monzonite (Carbon Hill pluton of Mt. McIntyre Plutonic Suite) This is the main host rock to the Goddell Gully and Porter fault zones on the east side of the Wheaton River valley. Hart and Radloff (1990) report a poorly constrained K-Ar date of 96±15 Ma for this intrusion, which is broadly consistent with 107 to 110 Ma U-Pb zircon results obtained from other plutons of the same plutonic suite in the area. It is a medium-grained, equigranular rock with subequal K-feldspar and plagioclase and about 20% combined hornblende and biotite. It is moderately magnetic, but less so than the Mt. McNeil stock. It has invariably been affected by strong alteration where close to the Goddell Gully and Porter fault zones. No temporal relationships were observed with other intrusions except for cross-cutting Tertiary rhyolite and andesite dykes. AMC 711039 : September 2011 27 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Pegmatites and aplites These were observed mainly in the Mt. McNeil granodiorite in the Skukum Creek area. They are most abundant in areas that are also cut by biotite granite dykes, to which they might be related. They are late magmatic features that are cut by minor shear zones and altered. None of these dykes observed during this study exceed 0.5m in width (most are <5 cm wide), and they are widely dispersed through the host intrusions. One small aplite graded to a core of clear quartz, a pattern common to aplites in many systems. 7.2.3.2 Pre-Tertiary Volcanics (Mt. Skukum Volcanic Complex) The complex is an early Eocene, bimodal sequence of sub-aerial volcanic and volcaniclastic rocks that have been deposited over approximately 140 km2. The complex trends northeast in a 20 by 11 km ellipsoid, bounded by faults to the south and east, and divided into two parts by two north-south trending faults. The eastern part has been down dropped by as much as 300m relative to the western block (Pride, 1986). The eastern portion of the complex is comprised of mainly felsic pyroclastic rocks intercalated with brecciated flow-banded and spherulitic rhyolite lava flows. These felsic units are particularly thick in the northeastern and southeastern parts of the complex where prominent large-scale arcuate fracture systems, large slump blocks, vent facies pyroclastic rocks and other features indicate centres of volcanism and associated margins of nested caldera subsidence. The western block is underlain by at least 850m of andesite, which hosts the Mt. Skukum gold deposit. The andesite unconformably overlies the basement of metamorphic Nisling Terrane and intrusive Coast Plutonic Complex on a highly irregular erosional surface (Jago, 1991). The understanding of the stratigraphy of the Mt. Skukum Volcanic Complex has evolved over time by the various workers. The following terminology is based on the work of Hart and Radloff (1990): Ibex Formation: dark, vitreous, flow-banded rhyodacite flows with sparse feldspar phenocrysts and welded tuff and common granitic fragments. This unit may or may not be part of the Skukum Group but is found overlain by Butte Creek Formation. Mount Reid Formation: Massive, hematitic, clast-supported, cobble and boulder conglomerate with locally derived basement fragments. Butte Creek Formation: consists of three sub-units of well-bedded, pastel coloured felsic and altered felsic pyroclastic rocks with layers of grey, green and purple layers interlayered epiclastic sediments and tuffs, and undivided tuff and epiclastics. Watson River Formation: massive to poorly-bedded, dark-brown and purple to pale green columnar-jointed andesite and andesite porphyry flows, as well as pale green dacitic to andesitic lithic tuff. Vesuvius Formation: consists of a variety of rhyolite tuffs and flows, lithic tuffs, and a collapse breccia of large blocks of flow-banded rhyolite. The various sub-units range in colour from dark reddish-brown to green and tan to grey. AMC 711039 : September 2011 28 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 7.2.3.3 Tertiary Dykes and Stocks Andesite dykes These intrusions are widespread throughout the project area, but are generally most common within or adjacent to major fault zones (rhyolite dykes below). The most common types are either aphanitic and dark grey, or have a porphyritic texture defined by hornblende and plagioclase. Both types of dyke may be altered and locally mineralized. Some of the aphanitic dykes may be narrow equivalents of the porphyritic monzonite phase described above. The porphyritic examples are relatively more common at Goddell Gully. Staining indicates that the dykes are actually monzonite and porphyritic hornblende monzonite, with lesser andesite. The andesite was observed to cut most of the pre-Tertiary phaneritic intrusive rocks. Some andesite dykes are older than some rhyolite dykes. Several types of andesite dyke are probably present in the area, but additional work needs to be done. Andesite dykes that intrude pre-Tertiary rocks in the region may represent subvolcanic feeders to the Mt. Skukum volcanic complex. Rhyolite dykes These intrusions comprise a diverse group of felsic dykes that are variable in mineralogy, texture, and their spatial and temporal relationships to hydrothermal alteration and mineralization. Rhyolite dykes were observed to cut most intrusions on the Property, but have variable timing relative to andesites as noted above, suggesting multiple pulses of both intrusive types. Like the andesite dykes, rhyolite dykes commonly have a spatial association with, or are developed within, major east- and northeast-trending fault systems. In the Skukum Creek and Chieftain Hill areas, typical rhyolite characteristics include a buff to light grey colour, and an aphanitic texture with up to 10% clear, rounded to square and locally resorbed quartz phenocrysts (mostly <3 to 4 mm in size). Prominent flow banding is well developed near the contacts of many of the larger dykes. Three distinctive quartz±K-feldspar porphyritic dykes that are present in the Goddell Gully area along the Goddell fault belong to the rhyolite dyke group. These have been termed the North, Central and South marker dykes in old drill logs, based on a consistent and predictable distribution along strike. The North and South Marker dykes lack flow banding and have a higher concentration of K-feldspar phenocrysts and more variable concentrations of quartz phenocrysts than the Central Marker dyke. The Central Marker dyke has well-developed flow banding, overall texture, equant quartz phenocrysts, and alteration and disseminated pyrite that makes it much more similar to the mineralized rhyolite dykes at Skukum Creek. The relative age of the three rhyolite dykes at Goddell was not established. A single, narrow spherulitic rhyolite dyke was observed in the Ridge Zone. It is characterized by spherules <4 mm in size and several percent disseminated pyrite; the age of this intrusion relative to other types of rhyolite dyke is unknown but similar intrusions at Mount Skukum were considered by McDonald et al. (1990) to be among the youngest rock types in the area. Post-hydrothermal amygdaloidal andesite dykes These occur in several places at Skukum Creek. They are invariably fresh and undeformed, even where located close to known mineralization, and are consequently interpreted as posthydrothermal. These dykes range up to several metres in width. They have a fine-grained to aphanitic, dark-colored groundmass, and are distinguished by white to clear amygdules infilled AMC 711039 : September 2011 29 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report by quartz and/or calcite. Similar dykes were interpreted to be the latest stage of intrusive activity in the vicinity of the Mount Skukum mine (McDonald et al., 1990). Alteration Zones of strong porphyry type alteration can be observed across the entire Property. Stronger alterations occur along the fault controlled and affected outcrops. The dominating secondary (alteration) mineral besides the classic iron oxide (hematite) and iron hydroxide minerals (goethite, limonite) is sericite. Its occurrence is widely spread indicating hydrothermal fluids penetrated the various igneous host rocks. AMC 711039 : September 2011 30 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 8 DEPOSIT TYPES There are three known precious metal deposits on the Tagish Lake Property. They can be divided into three deposit types: epithermal auriferous quartz-calcite vein type, mesothermal gold-silver quartz sulphide vein type and the third one is an epithermal shear zone hosted disseminated sulphide associated gold deposit. Epithermal auriferous quartz-calcite vein type This type includes the zones of Lake, Main Cirque, Brandy and others at Mt. Skukum. Low temperature auriferous quartz-calcite veins emplaced along open space of fractures and faults formed at shallow level of Tertiary volcanic rocks of the Mt. Skukum volcanic caldera complex. Both gold grade and zone thickness change dramatically along strike and down-dip directions with frequent swelling and pinch-out. Free gold has been identified in the rocks and the mineralized veins contain little sulphides. Mesothermal gold-silver quartz sulphide vein type This type includes the zones at Skukum Creek, such the Rainbow Zone, Kuhn Zone, Raca Zone and other zones at the deposit. The mineralized vein at Charleston is also of this type. Mineralized quartz sulphide vein are emplaced along the contact of rhyolite dikes with surrounding intermediate to felsic intrusive rocks of Mesozoic age. The rhyolite dykes and mineralized veins are usually associated with shear zones and faults. The veins contain high grade gold and silver as well as varying amounts of base metals. Shear zone hosted disseminated sulphide associated gold deposit Goddell is typical for this deposit type. Mineralization is hosted and controlled by shear zones. Strongly altered intermediate-felsic dykes and fractured intrusive rocks contain densely disseminated arsenopyrite and pyrite with which gold is closely associated. The Becker-Cochran antimony deposit is of the epithermal quartz-sulphide, with stibnite as the dominating sulphide mineral, vein-type hosted in shear zones. Mineralized veins swell and pinch out frequently along strike and down-dip. The sheared host rock is strongly altered. AMC 711039 : September 2011 31 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 9 MINERALIZATION 9.1 Skukum Creek Deposit Skukum Creek is a structurally controlled, quartz-sulphide vein type, mesothemal polymetalic gold-silver deposit hosted in Mid-Cretaceous biotite-hornblende granodiorite of the Mt. McNeil pluton. The Skukum Creek deposit comprises two principal mineralization zones which are the Rainbow Zone and the Kuhn-Ridge Zone. Two minor zones are situated between them. They are the Sterling Zone and the Berg Zone. An additional small zone, called Rainbow-North Zone, is located close to the north footwall of the Rainbow Zone. The western section of the Rainbow Zone was historically called Rainbow Two Zone. A separate zone called Raca Zone is located to the north of the Skukum Creek. Raca has similar mineralization to that of all other zones of the Skukum Creek deposit, and might be the northeast extension of the Rainbow Zone. At Skukum Creek, all mineralized zones display similar mineralization and alteration. Gold-silver mineralization is associated with quartz sulphide veins and vein breccias. Sulphide minerals include pyrite, chalcopyrite, arsenopyrite, galena, sphalerite, stibnite, tetrahedrite, argentite, electrum and native gold (Baril and Lang 1989), suggesting a gold-silver dominated polymetal nature of mineralization. The mineralized veins are mostly associated with rhyolite and andesite dykes and emplaced along the contacts between dykes and granodiorite wallrock. The veins, breccias, dykes and anastomosing shears form an integrated package which emplaced along northeast trending dilational splay faults off the regional Bernie Creek fault-Wheaton River lineament. Rainbow Zone The Rainbow Zone strikes 50°-55°, generally dipping south at more than 70°-80° and locally of subvertical dip angles. The drill defined strike length is about one kilometer, but the east section of about 260m long (previously called Rainbow and Road zones) has been most intensely drilled and is of the most significant importance. Measured plus indicated resources have been obtained to the elevation of 1050m level (360m below surface). The zone bounds by a rhyodacite dyke (called Portal Dyke) to the East and is open at depth and to the West. Beyond the Portal Dyke the continuity of the Rainbow Zone is unknown due to thick overburden and lack of drilling. The west section of 700m long is not well exposed on surface due to talus covers, and was discovered and drill defined during the underground exploration campaigns implemented by CME Consulting from 2003 to 2007. Underground drilling incurred mostly about 100m up and down dip from the 1,300m level. The western section of the zone was also called the Rainbow 2 Zone in CME’s exploration documents (Naas et al. 2003, 2004, 2005, 2007) Kuhn-Ridge Zone The Kuhn-Ridge Zone is located to the south of the Rainbow Zone. It is sub-parallel to the Rainbow Zone with similar dip angle and direction. The total strike length is about one kilometer, but only the west 600m portion has been drilled. The best drilled part is the middle 200m long part where it intersects the Sterling and Berg zones where mineralization exhibits zoned intensity or plunging. The Kuhn-Ridge Zone is open along strike and down dip, but the east portion has never been sufficiently drill tested and the Kuhn gully is probably its surface expression. Similar to the Rainbow Zone, it may be cut off by the portal dike to the east. AMC 711039 : September 2011 32 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Sterling Zone The Sterling Zone is a structural step-over connection between the Rainbow Zone and the Kuhn-Ridge Zone. It strikes NNE and dips east at a steep angle. Its surface expression is a small gully between the Rainbow Zone and the Kuhn-Ridge zone. The strike length is about 300m, and it merges into the Rainbow Zone and Kuhn-Ridge Zone on either end. Although it has not been sufficiently drilled at depth, the most highly mineralized portion appears to be located near surface and close to the intersections with the Rainbow and Kuhn-Ridge Zones. Berg Zone The Berg Zone is a new discovery from a 2006 underground exploration drill program and was further explored in 2007 from the 1,300m level drift. It is also a step-over link between the Rainbow Zone and Kuhn-Ridge Zone. It strikes ENE, near sub-vertically but dips slightly south. Along its strike close to the west end intersection with the Rainbow Zone, mineralization increases. Rainbow-North Zone The Rainbow-North Zone is also a newly discovered zone by CME’s underground drill programs. However, it is not separately named in CME’s exploration reports. The zone is in the north footwall of and parallel to the Rainbow Zone. The sporadically drilled strike length is about 600m. To the east, it may follow a small gully on surface to the north of the Rainbow Zone however it has not yet been drill tested. Along its strike, mineralization increases near the west end intersection with the Rainbow Zone. Raca Zone The Raca Zone is a separate mineralization zone to the north of the Skukum Creek and it might be the east extension of the Rainbow Zone as it is roughly on Rainbow’s strike extension and displays very similar mineralization. The strike length is unknown as the outcrop is covered by surface talus and it has not been sufficiently drilled yet. From the information obtained from limited drilling it is obvious the zone is dipping south at a steep angle. Although the zone’s resource potential is unknown due to limited drilling, the discovery of the zone does provide direction to explore for new mineralized zones to the northeast extension corridor of the Rainbow and Kuhn zones. This corridor covers a strike length of about 2 km, located to the east limit of the Mt. Skukum Volcanic Complex, and extending from the Skukum Creek in the south to Chieftain Hill to the north. AMC 711039 : September 2011 33 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Figure 9.1 Section 1400E of Skukum Creek AMC 711039 : September 2011 34 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 9.2 Goddell Deposit The Goddell deposit is a structurally-controlled, disseminated sulphides-associated gold deposit hosted in the near east-west trending Goddell Fault Zone. There are two mineralized zones that were recognized based on completed exploration work up to this point: the Goddell Gully Zone (GG Zone) and the PD Zone. The GG Zone is sporadically exposed on surface in the Goddell Gully area with limited amounts of surface drilling intersecting the zone above the elevation of approximately 1,150m. The PD Zone is mainly intersected by underground drilling below the elevation of 870m. There is a gap of approximately 300 vertical metres between the two zones, but they are generally assumed to be two splays of a single mineralized zone, rather than two separate zones. However, based upon data review and section re-interpretation, it is recognized that the GG Zone and the PD Zone may be two separate zones. The two zones strike in roughly the same direction but have different dip angles. The merge (MG) of the two zones might explain the high grade and several metre wide intercepts intersected in the PD Zone by underground drilling. The outcrop of the PD Zone at surface seems to be is obscured by thick surface talus and has not been located on surface. The mineralization at Goddell is mainly characterized by abundant disseminated sulphides contained in intermediate to felsic dykes and breccias within the Goddell fault zone. Rich, fine, acicular arsenopyrite is the indication of high grade gold. Other sulphides include pyrite, stibnite, sphalerite and jamesonite. Compared to the PD Zone at greater depths the near surface GG Zone contains an higher abundance of stibnite pods. Besides the sulphide associated mineralization, that the gold mineralization is commonly associated with intensely microfractured and argillically altered quartz monzonite with no visible sulphides between multiple felsic dykes. Goddell Gully Zone The zone is also referred to as GG Zone (historically called Black Breccia zone or BB zone). It is sporadically exposed in the Goddell Gully area. Surface mapping in the Gully area indicates that mineralization is associated with east-west trending rhyolite dykes hosted in the Goddell fault and shear system, consisting of sulphides within quartz, barite, calcite and clay gouge. Close to surface, stibnite pods form the dominant mineralization of the zone (Roger, 1997). Shear comminuted pyrite imparted a black color to the zone. The zone strikes in a roughly east-west direction and is sub-vertical, consisting of multiple, discontinuous subparallel veins within a 5075m wide zone of intense shearing, brecciation and alteration cutting quartz monzonite. The total strike length is unknown due to a limited amount of drilling and poor surface exposure along strike, but the sporadically exposed portion in the gully area is about 500m. To the West, the zone is hidden beneath the Wheaton River valley sediments, and to the East up on top of the plateau it is covered by thick surface talus. PD Zone The PD Zone is defined by underground drilling. Historically the surface Golden Task zone (GT zone) was thought to be the surface extension of the PD zone. However a desk study by NEW PACIFIC of old data indicates the PD zone is likely a separate zone from the GG zone. The projected surface outcrop is about 200m to the south of the Goddell fault. It strikes nearly eastwest and is sub-vertical but generally dipping north. The drilled strike length is about 400m. The AMC 711039 : September 2011 35 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report intersection with the GG zone produced a wide high grade zone (Merge Zone) evidenced by underground drilling. Figure 9.2 4375E Section of Goddell AMC 711039 : September 2011 36 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 9.3 Mt. Skukum Deposit The Mt. Skukum deposit is a structurally-controlled, high level epithermal quartz-calcite gold vein deposit, hosted in andesite flows and tuffs of the Mt. Skukum Volcanic Complex of Tertiary age. The auriferous quartz calcite veins occur in shears and fault zones along caldera margin and are associated with collapse of nested calderas (Jago, 1991). The most common gold-bearing mineral is electrum. The veins contain small amounts of sulphides. Three veins, the Main Cirque Zone, Lake Zone and Brandy zone were systematically explored with drilling. Mining was only conducted at the Main Cirque Zone from February 1986 to August 1988. Additionally, there are a few satellite auriferous veins with insufficient drill exploration near the three veins. Main Cirque Zone The Main Cirque Zone strikes 030° to 040° across the valley floor area of the Main Cirque. It is hosted in an east-dipping, high angle fault zone called the Main Cirque Fault, which is an average of 10m wide, striking 030° to 040° and dipping 80° east. The ore zone comprises multiple emplacement, electrum- and native silver-bearing quartz-calcite-sericite veins with marginal stockwork and gouge zones (Doherty, 1984; McDonald, 1987). The ore zone has strike length of about 200m and average width of 5m, and was mined over a vertical distance of 80m from an elevation of 1,650m to surface at 1,730m (McDonald et. al., 1988). Lake Zone The Lake Zone is located 520m west of the Main Cirque Zone in the west cliff of Main Cirque. The zone comprises two interconnected veins hosted in gently westwards dipping, propylitic altered, porphyritic andesite and andesitic pyroclastic rocks (McDonald et. al., 1988). The veins occur as massive, fine-to-coarse grained quartz-calcite-sericite veins, breccias and stockwork. Drilling indicated two subparallel veins, LV1 and LV2, striking 014° and dipping west, and a vertical vein trending 020° called LV2-45 (McDonald et. al., 1988). These veins average less than one m wide but locally are up to a few metres wide and more than 600m along strike. Brandy Zone The Brandy Zone is about 360m to the west of the Main Cirque Zone. It comprises a series of up to six subparallel auriferous quartz-calcite veins striking 014° and dipping to the west at 55° to 70°. These veins occur across a width of 150m and over a strike length of 650m (McDonald et. al., 1988). The vein minerals consist of quartz, calcite, sericite and visible electrum. Veins range in width from 0.08m to 2.0m and average 0.2m wide. AMC 711039 : September 2011 37 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Figure 9.3 Simplified Geology Plan of the Mt. Skukum Deposit AMC 711039 : September 2011 38 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 10 EXPLORATION The present operator, New Pacific, has not completed sufficient exploration work to warrant discussion in this section. The exploration program of previous operators is discussed in the history section of this report. A budgeted exploration program is discussed in the recommendation section of this report. AMC 711039 : September 2011 39 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 11 DRILLING There are no current resource or reserve estimates included in this report in which drilling by New Pacific would be a factor. Below is a historical reference of past operators at Tagish. 11.1 Historical Drilling Tagish has had exploration drilling activity since the early 1980s. A total of approximately 121,500m of core drilling has been completed from both surface and underground. Most of the drilling is for exploration and resource definition at Mt. Skukum, Skukum Creek and Goddell. Detailed descriptions of the underground drill programs at Skukum Creek after 2001 are included in the annual technical reports prepared for TLG. Historical drilling prior to 2002 was described in various annual exploration and assessment reports prepared at different stages by different property owners such as Agip Canada Ltd, Trumpeter Yukon Gold Ltd (TYG), Omni Resources Inc. (Omni), Mount Skukum Gold Mines Limited, Total Energold Corp. and Total Erickson Resources Ltd. On site at the mill and camp, over 20,000m of diamond drill core is stored from previous drilling programs starting in 1984 at Skukum Creek, Goddell, Chieftain Hill and Mt. Skukum. Some core is stored near the confluence of Berney Creek and Skukum Creek. Some of the core racks collapsed due to heavy snow loads during the winters. AMC 711039 : September 2011 40 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 12 SAMPLING METHOD AND APPROACH The present operator, New Pacific, has not completed sufficient work on the property to warrant comment in this section. AMC is aware that a documented protocol is in place for future exploration programs. AMC 711039 : September 2011 41 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 13 SAMPLE PREPARATION, ANALYSES AND SECURITY The present operator, New Pacific, has not completed sufficient exploration work to warrant discussion of this section. AMC is aware that a documented protocol is in place for future exploration programs. AMC 711039 : September 2011 42 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 14 DATA VERIFICATION The present operator, New Pacific, has not completed sufficient work on the property to warrant data verification. Summaries of previous operator’s data verification can be found in the history section of this report. AMC 711039 : September 2011 43 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 15 ADJACENT PROPERTIES There are no adjacent properties that have not been discussed in previous sections of this report. AMC 711039 : September 2011 44 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 16 MINERAL PROCESSING AND METALLURGICAL TESTING From 1988 to 2006, various types of mineral processing and metallurgical test work have been completed on the ore of the Skukum Creek gold-silver deposit. A summary appears below of the results of historical tests prior to the year 2000 (Table 16.1). The most recent metallurgical test program was completed by Doug Warkentin, P.Eng. (Metallurgy) of Cantest Ltd., based in Burnaby, British Columbia (Warkentin, 2006). Tests included grinding and flotation to produce bulk sulphide concentrates, as well as cyanidation of the flotation concentrates to determine gold and silver recovery. Additional tests included cleaner flotation to evaluate possible concentrate quality, and ore characterization tests, including head assays, acid base accounting for environmental issues, specific gravity and bond work index determination. Settling tests were also conducted on flotation tailings. Test results are summarized below: • Flotation Recovery: gold 96%, silver and lead 88%, zinc 84% • Grade of concentrate: 75g/t Au, 3000 g/t Ag, 7% Pb and 5% Zn. • Cyanidation of concentrate: up to 90% for gold and 87% for silver from concentrate. Although the best results were achieved with the cyanidation of the concentrates, New Pacific is investigating the economic feasibility of simply producing and shipping flotation concentrate to smelters. Table 16.1 Year Results of Historical Mineral Processing and Metallurgical Tests Prior to 2000 Company Tested by 1988 Omni 1993 Wheaton 1997 BYG 1999 CME Types of Tests Results Bacon, Donaldson and Grinding, cyanidation, Associates under the direction and flotation of a bulk of Orocon Inc. and Melis sulphide concentrate. Engineering Ltd. Gold recovery 90-98% Silver recovery 93-98% Melis Engineering Bioleaching gold recovery 92%, silver recovery 95% Process Research Associates Ltd. Flotation/cyanide leaching gold recovery 92%, silver recovery 95% Flotation, cyanidation and pressure oxidation Flotation recovery 95% of gold and silver, total recovery after cyanidation 75% for gold and 72% for silver, increase to 92% for gold and silver by pressure oxidation increases Laurion Consulting Inc. AMC 711039 : September 2011 45 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 17 MINERAL RESOURCE AND MINERAL RESERVE ESTIMATES There are no current mineral resources or reserves for Tagish. Historical resources and reserves are discussed in the history section of this report. New Pacific is not treating the historical resources and reserves as current. AMC 711039 : September 2011 46 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 18 OTHER RELEVANT DATA AND INFORMATION Dewatering is underway at the Goddell portal. Drill stations have been constructed for underground drilling and a drill program is underway. A surface drill program is underway. Access roads and drill pads were built to commence surface drilling at Skukum Creek. Underground drilling is underway at Skukum Creek underground. New Pacific initiated an Environmental Assessment Study for Tagish. AMC 711039 : September 2011 47 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 19 INTERPRETATION AND CONCLUSIONS Exploration activities on Tagish were executed by numerous operators since the early 1980s. The activities were mostly focused on the three deposits: Mt. Skukum, Skukum Creek and Goddell. A large amount of exploration information has been generated. The author reviewed the available reports on the historical work in the preparation of this report. In the author’s opinion, there is no current resource estimate for Tagish. More exploration work is justifiable given that the project is at an advanced exploration to pre-development stage. Based on the results of reviewing historical exploration data, the author reasonably believes Tagish has further upside potential as an exploration property. With respect to each known deposit and important mineral showing on the Property, the following interpretations and conclusions are made by the author of this report. 19.1 Goddell Goddell is an altered and mineralized shear structure striking roughly E-W from Wheaton River Valley to Becker Cochran antimony deposit for a strike length of about 6 km. Historical exploration mostly focused on the Goddell Gully portion which is about 1,000m long on strike. Old drilling only focused on the PD zone at an area of 400m along strike from section 4200E to section 4600E and in a vertical extent of 170m from 870m level to 700m level. Results of data review and sectional study indicate the drill defined area is likely the merge of the two zones (PD and GG). The merge zone extends down dip and on strike. The merge could result in increase of both width and intensity (grade) of mineralization and provide prospective drill targets. The existing decline is about 780m long, providing drill access for underground drilling for a same strike extent. This area could be the immediate drill target for 2011 drill campaign. The entire Goddell structure is of a large, almost of regional scale, size and the Goddell Gully area is only a small portion. Throughout the whole structure along strike, results of historical surface geological surveying including chip sampling, soil sampling, mapping and trenching indicate that epithermal mineralization exists along the structure. The Becker Cochran antimony occurrence and the gold and mercury soil anomalies in the Horseshoe area which is located between the Goddell Gully and Becker Cochran, are good indications for epithermal gold mineralization. However, no sizable ore grade mineralization was located in past exploration. It is likely that sizable mineralization has not been discovered due to extensive thick talus covering, or the gold mineralization is controlled by elevation as the case at Goddell, which means gold mineralization occurs at the elevation of below 900m level. If this is the case, the Goddell decline should be extended to the East to provide more access for underground drill testing of the target area below the 900m level, where the “Merge zone” of PD and GG zones could exist. In conclusion, the Goddell structure is a very prospective target for exploration as historical exploration results warrant further work. AMC 711039 : September 2011 48 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 19.2 Skukum Creek Skukum Creek is a mesothermal, quartz sulphide, vein-type, gold-silver polymetallic deposit. Historical exploration focused on the Rainbow-Kuhn zone area to the south of Skukum Creek. Most drilling was done from the 1,300m level drift on a strike extent of 1,000m by vertical extent of 700m. Besides the major Rainbow and Kuhn-Ridge zones, there are minor zones such as Berg Zone, Sterling Zone and Rainbow North Zone. Historical NI 43-101 resource estimates completed by Roy and Hannon in 2003 and 2007 reported a total of Measured and Indicated Resources. However, New Pacific is not treating these estimates as current. Although a total of about 44,000m of drilling had been done in the past, there are still substantial open areas of each zone to be tested. The down dip extension of all zones beyond 1,000m level remains untested. The high grade shoots appear to rake to the east. eastwards. Future drilling should target the “high grade” shoots. 19.3 Raca Raca Zone stays to the north of the Skukum Creek and on the north east extension of the Rainbow zone. Mineralization style is identical to that of Rainbow zone. The gold-silver polymetallic quartz sulphide vein emplaced along the contact of rhyolite dykes with megacrystic granite. Only four holes were drilled and all hit the mineralization. The four holes only cover an area of 80m on strike extent by vertical extent of 140m. The drilled area is a very small portion of the potential Raca mineralized trend which is at least 1.5 km long as indicated by results of surface rock chip and soil sampling. In addition there are multiple potential mineralized zones associated with north east trending rhyolite dykes. Chip sample results of Westmont Resources indicate gold mineralization exists along the dykes but was never drill tested. It is the author’s conclusion that the Raca trend has the potential of host multiple Rainbow style mineralization zones. 19.4 Charleston The mineralization style of the Charleston vein is very similar to that of the mineralized zones at Skukum Creek. Quartz sulphide veins contain some high grade gold and silver as well as base metals. Chip sampling along surface outcrop and at underground faces generated very good values of gold and silver. However the vein was never drill tested due to access difficulty. The author believes Charleston is a good drill target for future exploration. 19.5 Mt. Skukum Mt. Skukum witnessed extensive exploration in the 1980s and had two years of commercial gold production at the Main Cirque vein from 1986 to 1988. Mineralization at Mt. Skukum is high level epithermal auriferous quartz calcite veins and stockworks hosted in open fractures in Tertiary andesitic volcanic rocks. Both grade and width of individual veins change dramatically in short distance of both strike and down dip. AMC 711039 : September 2011 49 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report The author’s opinion is that Mt. Skukum deserves more exploration and definition drilling. The current high commodity price will justify more efforts in the area; however, it may not be the top priority due to access difficulty and erratic nature of mineralization. 19.6 Porter Structure The Porter structure is about 2 km to the south of and roughly parallel to the Goddell mineralized zone. It is a strongly altered fault zone of over 100m of width, disturbed by the emplacement of intermediate to felsic volcanic dykes. Historical exploration focused on the valley bottom and the north side, including surface soil and rock chip sampling, mapping, a small amount of aditing and drilling, and generated very promising results of silver and base metals. To the north of the structure, mineralization is mostly narrow quartz sulphide vein type, and the existing results are not considered sufficient to warrant any drill testing work. There may exist a sizable vein type and other types of mineralization under the extensive thick talus covering, and more geology surveying should be done to define drill test targets. More interesting is the south side of the valley. A very limited amount of historical soil and rock chip sampling generated elevated to anomalous values of copper (hundreds ppm up to 1,300 ppm) and molybdenum (tens of ppm up to 300 ppm). A pyritic halo in felsic intrusive rocks covers an area of 200m by 200m. In general the author believes there may be potential for porphyry style mineralization in the area and anticipates that it may occur at depths below the 800m underground levels. This possibility could be tested and drill targets defined using geophysical surveys. AMC 711039 : September 2011 50 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 20 RECOMMENDATIONS The technical team of New Pacific conducted an extensive review and study of the historical exploration results on Tagish. Based on the results of the review, New Pacific reasonably believes that there is potential for new mineral resource discoveries on Tagish with further exploration, and as such has generated a series of priority exploration targets. To test these targets, various exploration methods will be employed including geological surveying, geochemical and geophysical surveying as well as diamond drilling. The total budget for these exploration programs is $16.5 million and was approved by the New Pacific board of directors on 20 May 2011. The author has reviewed and concurs with the proposed program. 20.1 Geological Surveys 20.1.1 Mapping and Sampling Although the Skukum project is in a highly advanced stage, there are remaining areas within the claim boundaries which require further geological investigation. These areas include Carbon Hill, Charleston Vein/Trend, Skukum Creek deposit-Chieftain Hill corridor, headwater area of the Skukum Creek, the south extension into the Alunite Cap area of the Lake and Main Cirque zones as well as their northern extension into the Middle Cirque area. At Carbon Hill, anomalous results were generated from past prospecting activities in the gully area where bedrock is well exposed. The results from different historical stages should be compiled, reviewed and verified by the new programs to generate additional drill targets in combination and correlation with other exploratory surveys. The Goddell Gully and the Antimony Creek are areas of high interest. Rock sampling includes continuous outcrop chip samples, grab samples and float samples as well as soil sampling. 20.1.2 Trenching Trenching will be applied where results of former rock and chip sampling and geochemical anomalies indicate near surface mineralization. Initial machinery-supported trenching will be perpendicular to the anticipated strike of the mineralization. If a mineralized trend is identified, excavations will follow the mineralization along strike. The following areas for trenching are: Charleston vein, Goddell fault, Porter fault, Skukum Creek Deposit-Chieftain Hill corridor and other areas indicated by geochemical anomalies. Total material being excavated for trenching over a five-year period is estimated at 10,000m3. 20.1.3 Geochemical Surveys Geochemical surveys of soil and talus fines will be carried out with special emphasis on (but not limited to) the Carbon Hill area as the Tertiary Mt. Skukum volcanic rock area was surveyed by Mt. Skukum Gold Mining during the 1980s. The purpose of the survey is to identify the strike extent of known mineralized zones such as the Goddell and Porter faults and to locate new mineralization in areas between them where the geomorphology results in cover of bedrock by talus and scree. AMC 711039 : September 2011 51 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Sampling will be done on 200m spacing grid lines with 20m station intervals. Contour sampling will be implemented where grid sampling is impeded by steep slopes. The survey grid will be consistent with geophysical grids. Geochemical surveys will likely be completed following an airborne geophysical survey as the airborne survey may provide preferential locations for geochemical surveys. If both geophysical and geochemical surveys produce anomalous results, drill targets will be determined. The area immediately south of the Porter structure should be surveyed by contour and grid soil sampling in due course to confirm if the gossanous area in felsic intrusions has economic mineralization potential. 20.2 Exploration Program and Budget For the 2011-2012 period, the following exploration program is recommended, which includes 24,000m of surface drilling and 36,000m of underground drilling (60,000m in total) with a total estimated expenditures of $16.5 million. The planned expenditures are broken down with the estimated costs, as follows: 1. Surface infrastructure ($678,000) -- The sum includes expansion of the camp from 25 persons to 50 persons by refurbishing an 11,000 ft2 camp facility already on site, refurbishing a 5,000 ft2 geological office, core logging facility and repairing some access roads. 2. Equipment ($1.39-million) -- This sum includes the purchase of generators, pumps, ventilation, electronic, communication and camp office equipment. 3. Surface drilling and geophysics ($4.61 million) -- A total of 24,000m of surface drilling is planned, of which 5,500m will be at the Raca site. The surface drilling is planned to test in areas of historical drilling and surface gold anomalies. In addition, several regional gold-silver targets have been planned for about 18,500m of surface drilling, including the Charleston gold-silver showing, and a copper-molybdenum anomaly at the Porter alteration structure zone. Concurrent with this surface drilling, an airborne geophysical survey of 1,000 line kilometres and ground survey of 40 line kilometres. 4. Underground drilling at Goddell ($4.39 million) -- Dewatering, rehabilitation and new drill station preparation at Goddell portal. Two underground drill rigs are planned to be utilized to carry out about 23,000m of underground drilling in approximately 60 holes. The underground drilling will focus on the area of 1,000m long and 600m down or up dip of the PD zone and the Merged zone. 5. Skukum Creek underground drilling ($3.12 million) -- At the Skukum Creek site, located at about 6 km southwest from the Goddell Portal, 13,000m of underground drilling (in about 50 holes) is planned to target depth extensions of four mineralized zones where historical drilling has only focused on portions of the four mineralized zones and only to about 300m from the surface. 6. Permitting ($840,000) – New Pacific plans to initiate the environmental assessment study for the Property, which is required to apply for the Quartz mining licence. It will also carry out a feasibility study, using an in-house technical team combined with outside consulting firms. AMC 711039 : September 2011 52 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 7. General operations ($1.44 million) -- These costs are for general operations such as camp operations, safety measures, and salaries and administration. Based on the review of the exploration reports, past operator status and existing infrastructure, the author is of the belief that further exploration on Tagish is warranted. The author agrees with the exploration budget for Phase 1 presented in Table 1.1 which would collect additional information on Tagish. Table 20.1 Summary of the Property Exploration Budget for 2011-2012 Exploration Project Description Budgeted Amount $ Measurement Unit of Measure Unit Cost $ Surface construction New Camp 284,900 10,908 SQFT 26.12 Geology building 262,200 5,200 SQFT 50.42 11,500 900 SQFT 12.81 Road regrading & rebuilding 120,000 24 km 5,000 Subtotal 678,600 claim 408 25 Dry room expansion Equipment Mining, Ventilation, Power generators - Goddell 614,800 Mining, Ventilation, Power generators Skukum 385,300 Office and computer equipment - Geology Environmental equipment Equipment for general operation Subtotal 86,400 5,000 305,900 1,397,400 Surface exploration Reporting & assessment 387,400 Staking & mapping 224,800 551 37,900 1,500 ea 24,000 metre Sampling Geophysics 456,800 Surface drilling 3,508,400 Subtotal 4,615,300 146.2 Goddell Underground Exploration Site preparation Dewatering Underground drilling Equipment repair & maintenance Subtotal 446,500 128,100 16,200,000 3,729,400 23,000 litre 0.01 metre 162.1 91,100 4,395,100 Skukum Underground Exploration Site preparation Dewatering Underground drilling Equipment repair & maintenance Subtotal 583,000 134,300 19,160,352 2,350,400 13,000 litre 0.01 metre 180.8 59,800 3,127,500 Studies Environmental Study 266,700 Subtotal 266,700 General operation AMC 711039 : September 2011 53 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Exploration Project Description General operation Equipment repair & maintenance Subtotal Total Budgeted Amount $ Measurement 1,399,500 8 Unit of Measure month Unit Cost $ 174,938 46,300 1,445,800 15,926,400 Phase 2 Contingent on the program as tabled for Phase 1 being successful in gathering a suitable level of information on the geology (sufficient to estimate an Indicated Resource), as well as engineering, legal, operating, economic, social, and environmental factors involved with Tagish. The author would agree New Pacific’s budget amount for a Feasibility study budget as presented in Table 1.2. Table 1.2 Summary of the Phase 2 Property Exploration Exploration Project Description Feasibility Study AMC 711039 : September 2011 Budgeted Amount $ Measurement Unit of Measure Unit Cost $ 575,900 54 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 21 REFERENCES B.Y.G Natural Resources Inc., 1997. Skukum Creek Property (Rainbow Zone) Feasibility Study by Normand Lecuyer Enterprise Inc. Doherty, R.L. and Hart, C.J.R., 1988. Preliminary geology of Fenwick Creek (105D/3) and Alligator Lake (105D/6) map area. Exploration and Geological Services Division, Yukon Region, Indian and Northern Affairs Canada, Open File 1988-2 (2maps) 1:50,000 scale. Freeze, J.C. 1986. Westmount Resources Limited, Geological Report on the Raca Claims 8-11, Chieftain Hill Property, Whitehorse Mining Division, Assessment Report # 091769. Hart, C.J.R. and Radloff, J.K., 1990. Geology of the Carcross, Fenwick Creek , Alligator Lake, Whitehorse and part of Robinson Map area (105D/2,3,6,11 & 7), Yukon. Exploration and Geological Services Division, Indian and Northern Affairs Canada, Open File 1990-4, 113p. Jacob, G.K.W., 2011. Quality Control and Quality Assurance Practices for core sampling, Tagish Lake Gold Corp., in-house procedure paper, April 2011. Jago, B.C, 1991. the Alunite Cap, a part of the Mount Skukum Property. Wheaton River Minerals Ltd. Johnson, T.W. and Jinsheng Fan, 2010. Skukum Project Exploration Report for 2009 Geochemical and Geophysical. Keyser, J.H., 1989. Summary Report on the Wheaton Gold Property., Lang, J. and Rhys, D., 2002. Field and Petrographic Evaluation of Structural Geology, Alteration and Mineralization in the Skukum Creek Project Area, Yukon Territory, With Recommendations for Exploration, Macdonald, A.J. and Z. Rognoni, Z., 1988. Lake Zone Reserves, Mt. Skukum: An Independent Appraisal. Macdonald, A.J., 1988. Geological Observations Mount Skukum Gold Mine, unpublished report. Macdonald, A.J., 1988. Cirque Zone Ore Reserve Mount Skukum Gold Mine, unpublished report. McDonald, B.W.R.; Haslinger, R.J.;Zuran, R.J. 1988. Mt Skukum Project, 1988 Exploration. Unpublished report, Total Energold Corp.-Agip Canada Ltd. Joint Venture 1988. McDonald, B.W.R.; Haslinger, R.J.; Zuran, R.J. and James, D.R.J., 1990. Mt. Skukum Project, Exploration 1989. unpublished report. Total Energold Corp.-Agip Canada Ltd. Joint Venture. Naas, C.O. and Roger R.J., 1999. Data Compilation Report on the Wheaton River Property for Trumpeter Yukon Gold Inc. CME & Company. Naas, C.O. and Roger R.J., 2000. Report on the 2000 Summer Work Program at the Skukum Property, Whitehorse Mining District, Yukon for Trumpeter Yukon Gold Inc. by CME & Consulting Ltd.. Naas, C.O., 2001. Review of the Skukum Property, Whitehorse Mining District, Yukon Territory for Tagish Lake Gold Corp. by CME Consulting Ltd. Naas, C.O. and Roger R.J., 2002. Exploration Program Technical Report Geological, Geochemical and Diamond Drilling Exploration of the Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. CME Consulting Ltd. AMC 711039 : September 2011 55 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report Naas, C.O. and Roger R.J., 2003. Technical Report Phase II Geological, Geochemical, Surveying and Diamond Drilling Exploration of the Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. by CME Consulting Ltd., February 24, 2003 Naas, C.O. and Roger R.J., 2004. Technical Report Phase III Underground Geological Mapping and Diamond Drilling of the Skukum Creek Deposit, Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. by CME Consulting Ltd., April 27, 2004 Naas, C.O. and Roger R.J., 2004. Technical Report Phase III Geological, Geochemical, Diamond Drilling and Data Compilation of the Carbon Hill, Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. by CME Consulting Ltd., April 30, 2004 Naas, C.O. and Roger R.J., 2005. Technical Report Phase IV Underground Diamond Drilling of the Skukum Creek Deposit, Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. by CME Consulting Ltd., October 28, 2005 Naas, C.O. and Roger R.J., 2007. Technical Report Phase V Underground Diamond Drilling of the Skukum Creek Deposit, Skukum Property, Whitehorse Mining District, Yukon Territory, Canada for Tagish Lake Gold Corp. by CME Consulting Ltd., July 21, 2007 Roger, R.J., Goddell Gully Mineral Deposits Review of 1996-7 Exploration Program, Omni Resources Inc., Mount Skukum Mineral Property, Yukon Territory, October 1997 Roger, R. J., 1996. Omni Resource Inc., Wheaton River Mineral Property, Yukon Territory, Technical Evaluation Report, July 1996 Roger,R.J. 1996. Omni Resource Inc., Wheaton River Mineral Property, Yukon Territory, Skukum Creek Mineral Deposit, Review of 1996 Exploration Program. Roy, W.D. and Hannon, P. 2003. Resource Report Tagish Lake Gold Corporation Skukum Creek and Goddell Gully Deposits. Roy, W. D. and Hannon, P., 2007. Resource Report Update for the Skukum Property, Wheaton River, Yukon, Canada. Tenney,D. 1997. Omni Resources Inc. and Trumpeter Yukon Gold Inc., Skukum Creek Mine, Yukon Territory, Rainbow Zone Report on Reserves. Wesa, G.L. and Elliott, T.M., 1999. Geological and Geochemical Report on the Goddell/Carbon Hill Property (MOM, POP, BERG, TECH, MIL & MB Claims), Whitehorse Mining District, Yukon Territory, Canada. AMC 711039 : September 2011 56 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report 22 DATE AND SIGNATURE PAGE CERTIFICATE OF QUALIFIED PERSON Tagish Lake Gold Property Whitehorse Mining District NI 43 101 Report for New Pacific Metals Corp. Date 2 September 2011 Brian F. J. O’Connor, P.Geo. I, Brian F J O’Connor, P.Geo. as an author of this report entitled “Tagish Lake Gold Property Whitehorse Mining District NI 43 101 Report”, prepared for New Pacific Metals Corp., dated September 2, 2011, do hereby certify that: 1. I am a Consulting Geologist with AMC Mining Consultants (Canada) Ltd. My office address is Suite 1330, 200 Granville Street, Vancouver, British Columbia, Canada V6C 1S4. 2. I am a graduate of the University of New Brunswick in 1985 with a Bachelor of Science degree in Geology. 3. I am a registered member of the Association of Professional Engineers and Geoscientists of BC. I have continually worked as a geologist for a total of 26 years. My relevant experience for the purpose of the Technical Report is: • • • • • Twenty-three years of experience as a geologist in mining and exploration environments. Preparation of numerous reviews and reports on exploration and mining projects in Canada and around the world. Chief Geologist with two mining companies in the province of British Columbia. Senior Geologist with mining and exploration companies in New Brunswick, Quebec, Ontario and British Columbia. Over 6 years experience specific to the exploration, evaluation and the mining of narrow vein deposits. 4. I have read the definition of "qualified person" set out in National Instrument 43-101 ("NI43-101") and certify that by reason of my education, affiliation with a professional association (as defined in NI43101) and past relevant work experience, I fulfill the requirements to be a "qualified person" for the purposes of NI43-101. 5. I visited the Tagish Lake Gold Property 25 July through 28 July 2011. 6. I am responsible for the preparation of this report, dated 2 September 2011. 7. I am independent of the Issuer applying the test set out in Section 1.4 of National Instrument 43-101. 8. I have had no prior involvement with the property that is the subject of the Technical Report. 9. I have read National Instrument 43-101, and the Technical Report has been prepared in compliance with National Instrument 43-101 and Form 43-101F1. 10. To the best of my knowledge, information and belief, the Technical Report contains all scientific and technical information that is required to be disclosed to make the technical report not misleading. Dated this 2nd day of September, 2011 Signed and Sealed, Brian F J O’Connor Brian F J O’Connor P. Geo. Principal Geologist AMC 711039 : September 2011 57 NEW PACIFIC METALS CORP Tagish Lake Gold Property NI 43 101 Report APPENDIX A MINERAL TENURE AMC 711039 : September 2011 58 Grant Number Reg Type Claim Name YB07446 Quartz BERG YB07447 Quartz YB07448 YB07449 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 1 Tagish Lake Gold Corp. - 100% Active YB67217 Quartz MIL BERG 2 Tagish Lake Gold Corp. - 100% Active YB67218 Quartz Quartz BERG 3 Tagish Lake Gold Corp. - 100% Active YB67219 Quartz BERG 4 Tagish Lake Gold Corp. - 100% Active YB67220 YB07450 Quartz BERG 5 Tagish Lake Gold Corp. - 100% Active YB07451 Quartz BERG 6 Tagish Lake Gold Corp. - 100% YB07452 Quartz BERG 7 YB07453 Quartz BERG 8 YB07454 Quartz BERG YB07455 Quartz YB07456 Quartz YB07457 Claim Owner Status 52 Tagish Lake Gold Corp. - 100% Active MIL 53 Tagish Lake Gold Corp. - 100% Active Quartz MIL 54 Tagish Lake Gold Corp. - 100% Active Quartz MIL 55 Tagish Lake Gold Corp. - 100% Active YB67221 Quartz MIL 56 Tagish Lake Gold Corp. - 100% Active Active YB67222 Quartz MIL 57 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB67223 Quartz MIL 58 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB67224 Quartz MIL 59 Tagish Lake Gold Corp. - 100% Active 9 Tagish Lake Gold Corp. - 100% Active YB67225 Quartz MIL 60 Tagish Lake Gold Corp. - 100% Active BERG 10 Tagish Lake Gold Corp. - 100% Active YB67226 Quartz MIL 61 Tagish Lake Gold Corp. - 100% Active BERG 11 Tagish Lake Gold Corp. - 100% Active YB67227 Quartz MIL 62 Tagish Lake Gold Corp. - 100% Active Quartz BERG 12 Tagish Lake Gold Corp. - 100% Active YB67228 Quartz MIL 63 Tagish Lake Gold Corp. - 100% Active YB07460 Quartz BERG 15 Tagish Lake Gold Corp. - 100% Active YB67229 Quartz MIL 64 Tagish Lake Gold Corp. - 100% Active YB07461 Quartz BERG 16 Tagish Lake Gold Corp. - 100% Active YB67230 Quartz MIL 65 Tagish Lake Gold Corp. - 100% Active YB07466 Quartz BERG 21 Tagish Lake Gold Corp. - 100% Active YB67231 Quartz MIL 66 Tagish Lake Gold Corp. - 100% Active YB07467 Quartz BERG 22 Tagish Lake Gold Corp. - 100% Active YB67232 Quartz MIL 67 Tagish Lake Gold Corp. - 100% Active YB07474 Quartz BERG 29 Tagish Lake Gold Corp. - 100% Active YB67233 Quartz MIL 68 Tagish Lake Gold Corp. - 100% Active YB07475 Quartz BERG 30 Tagish Lake Gold Corp. - 100% Active YB67234 Quartz MIL 69 Tagish Lake Gold Corp. - 100% Active YB07476 Quartz BERG 31 Tagish Lake Gold Corp. - 100% Active YA81767 Quartz MOM 1 Tagish Lake Gold Corp. - 100% Active YB07477 Quartz BERG 32 Tagish Lake Gold Corp. - 100% Active YA81768 Quartz MOM 2 Tagish Lake Gold Corp. - 100% Active YB07478 Quartz BERG 33 Tagish Lake Gold Corp. - 100% Active YA81769 Quartz MOM 3 Tagish Lake Gold Corp. - 100% Active YB07479 Quartz BERG 34 Tagish Lake Gold Corp. - 100% Active YA81770 Quartz MOM 4 Tagish Lake Gold Corp. - 100% Active YB07480 Quartz BERG 35 Tagish Lake Gold Corp. - 100% Active YA81771 Quartz MOM 5 Tagish Lake Gold Corp. - 100% Active YB07481 Quartz BERG 36 Tagish Lake Gold Corp. - 100% Active YA81772 Quartz MOM 6 Tagish Lake Gold Corp. - 100% Active YB07482 Quartz BERG 37 Tagish Lake Gold Corp. - 100% Active YA81773 Quartz MOM 7 Tagish Lake Gold Corp. - 100% Active YB07483 Quartz BERG 38 Tagish Lake Gold Corp. - 100% Active YA81774 Quartz MOM 8 Tagish Lake Gold Corp. - 100% Active YB07484 Quartz BERG 39 Tagish Lake Gold Corp. - 100% Active YA81775 Quartz MOM 9 Tagish Lake Gold Corp. - 100% Active YB07485 Quartz BERG 40 Tagish Lake Gold Corp. - 100% Active YA81776 Quartz MOM 10 Tagish Lake Gold Corp. - 100% Active YB07486 Quartz BERG 41 Tagish Lake Gold Corp. - 100% Active YA81781 Quartz MOM 15 Tagish Lake Gold Corp. - 100% Active YB07487 Quartz BERG 42 Tagish Lake Gold Corp. - 100% Active YA81782 Quartz MOM 16 Tagish Lake Gold Corp. - 100% Active YB07488 Quartz BERG 43 Tagish Lake Gold Corp. - 100% Active YA81783 Quartz MOM 17 Tagish Lake Gold Corp. - 100% Active YB07489 Quartz BERG 44 Tagish Lake Gold Corp. - 100% Active YA81784 Quartz MOM 18 Tagish Lake Gold Corp. - 100% Active YB07490 Quartz BERG 45 Tagish Lake Gold Corp. - 100% Active YA81785 Quartz MOM 19 Tagish Lake Gold Corp. - 100% Active YB07499 Quartz BERG 54 Tagish Lake Gold Corp. - 100% Active YA81786 Quartz MOM 20 Tagish Lake Gold Corp. - 100% Active YB07501 Quartz BERG 56 Tagish Lake Gold Corp. - 100% Active YA81787 Quartz MOM 21 Tagish Lake Gold Corp. - 100% Active YB07503 Quartz BERG 58 Tagish Lake Gold Corp. - 100% Active YA81788 Quartz MOM 22 Tagish Lake Gold Corp. - 100% Active YB07505 Quartz BERG 60 Tagish Lake Gold Corp. - 100% Active YA81789 Quartz MOM 23 Tagish Lake Gold Corp. - 100% Active YB07507 Quartz BERG 62 Tagish Lake Gold Corp. - 100% Active YA81790 Quartz MOM 24 Tagish Lake Gold Corp. - 100% Active YB07509 Quartz BERG 64 Tagish Lake Gold Corp. - 100% Active YA81791 Quartz MOM 25 Tagish Lake Gold Corp. - 100% Active YB07511 Quartz BERG 66 Tagish Lake Gold Corp. - 100% Active YA81792 Quartz MOM 26 Tagish Lake Gold Corp. - 100% Active YB07513 Quartz BERG 68 Tagish Lake Gold Corp. - 100% Active YA81793 Quartz MOM 27 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Number Grant Number Reg Type Claim Name YB07517 Quartz BERG YB07519 Quartz YB07521 YB07523 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 72 Tagish Lake Gold Corp. - 100% Active YA81795 Quartz MOM BERG 74 Tagish Lake Gold Corp. - 100% Active YA81796 Quartz Quartz BERG 76 Tagish Lake Gold Corp. - 100% Active YA81797 Quartz BERG 78 Tagish Lake Gold Corp. - 100% Active YA81798 YB07525 Quartz BERG 80 Tagish Lake Gold Corp. - 100% Active YB07527 Quartz BERG 82 Tagish Lake Gold Corp. - 100% YB07529 Quartz BERG 84 YB07531 Quartz BERG 86 YB07533 Quartz BERG YB07535 Quartz YB07537 Quartz YB07539 Claim Number Claim Owner Status 29 Tagish Lake Gold Corp. - 100% Active MOM 30 Tagish Lake Gold Corp. - 100% Active Quartz MOM 31 Tagish Lake Gold Corp. - 100% Active Quartz MOM 32 Tagish Lake Gold Corp. - 100% Active YA81799 Quartz MOM 33 Tagish Lake Gold Corp. - 100% Active Active YA81800 Quartz MOM 34 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA81801 Quartz MOM 35 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA81802 Quartz MOM 36 Tagish Lake Gold Corp. - 100% Active 88 Tagish Lake Gold Corp. - 100% Active YA81803 Quartz MOM 37 Tagish Lake Gold Corp. - 100% Active BERG 90 Tagish Lake Gold Corp. - 100% Active YA81804 Quartz MOM 38 Tagish Lake Gold Corp. - 100% Active BERG 92 Tagish Lake Gold Corp. - 100% Active YA81805 Quartz MOM 39 Tagish Lake Gold Corp. - 100% Active Quartz BERG 94 Tagish Lake Gold Corp. - 100% Active YA81806 Quartz MOM 40 Tagish Lake Gold Corp. - 100% Active YB07540 Quartz BERG 95 Tagish Lake Gold Corp. - 100% Active YA81807 Quartz MOM 41 Tagish Lake Gold Corp. - 100% Active YB07597 Quartz BERG 152 Tagish Lake Gold Corp. - 100% Active YA81808 Quartz MOM 42 Tagish Lake Gold Corp. - 100% Active YB07598 Quartz BERG 153 Tagish Lake Gold Corp. - 100% Active YA81809 Quartz MOM 43 Tagish Lake Gold Corp. - 100% Active YB07599 Quartz BERG 154 Tagish Lake Gold Corp. - 100% Active YA81810 Quartz MOM 44 Tagish Lake Gold Corp. - 100% Active YB07601 Quartz BERG 156 Tagish Lake Gold Corp. - 100% Active YA81813 Quartz MOM 47 Tagish Lake Gold Corp. - 100% Active YB07602 Quartz BERG 157 Tagish Lake Gold Corp. - 100% Active YA81814 Quartz MOM 48 Tagish Lake Gold Corp. - 100% Active YB07603 Quartz BERG 158 Tagish Lake Gold Corp. - 100% Active YA81815 Quartz MOM 49 Tagish Lake Gold Corp. - 100% Active YB07604 Quartz BERG 159 Tagish Lake Gold Corp. - 100% Active YA81816 Quartz MOM 50 Tagish Lake Gold Corp. - 100% Active YB07605 Quartz BERG 160 Tagish Lake Gold Corp. - 100% Active YA81817 Quartz MOM 51 Tagish Lake Gold Corp. - 100% Active YC18781 Quartz CHAR 1 Tagish Lake Gold Corp. - 100% Active YA81818 Quartz MOM 52 Tagish Lake Gold Corp. - 100% Active YC18782 Quartz CHAR 2 Tagish Lake Gold Corp. - 100% Active YA81819 Quartz MOM 53 Tagish Lake Gold Corp. - 100% Active YC18783 Quartz CHAR 3 Tagish Lake Gold Corp. - 100% Active YA81820 Quartz MOM 54 Tagish Lake Gold Corp. - 100% Active YC18784 Quartz CHAR 4 Tagish Lake Gold Corp. - 100% Active YA81821 Quartz MOM 55 Tagish Lake Gold Corp. - 100% Active YC18785 Quartz CHAR 5 Tagish Lake Gold Corp. - 100% Active YA81822 Quartz MOM 56 Tagish Lake Gold Corp. - 100% Active YC18786 Quartz CHAR 6 Tagish Lake Gold Corp. - 100% Active YA81823 Quartz MOM 57 Tagish Lake Gold Corp. - 100% Active YC18787 Quartz CHAR 7 Tagish Lake Gold Corp. - 100% Active YA81824 Quartz MOM 58 Tagish Lake Gold Corp. - 100% Active YC18788 Quartz CHAR 8 Tagish Lake Gold Corp. - 100% Active YA81825 Quartz MOM 59 Tagish Lake Gold Corp. - 100% Active YC18789 Quartz CHAR 9 Tagish Lake Gold Corp. - 100% Active YA81826 Quartz MOM 60 Tagish Lake Gold Corp. - 100% Active YC18790 Quartz CHAR 10 Tagish Lake Gold Corp. - 100% Active YA81828 Quartz MOM 62 Tagish Lake Gold Corp. - 100% Active YC18791 Quartz CHAR 11 Tagish Lake Gold Corp. - 100% Active YA81829 Quartz MOM 63 Tagish Lake Gold Corp. - 100% Active YC18792 Quartz CHAR 12 Tagish Lake Gold Corp. - 100% Active YA81830 Quartz MOM 64 Tagish Lake Gold Corp. - 100% Active YC18793 Quartz CHAR 13 Tagish Lake Gold Corp. - 100% Active YA81831 Quartz MOM 65 Tagish Lake Gold Corp. - 100% Active YC18794 Quartz CHAR 14 Tagish Lake Gold Corp. - 100% Active YA81832 Quartz MOM 66 Tagish Lake Gold Corp. - 100% Active YC18795 Quartz CHAR 15 Tagish Lake Gold Corp. - 100% Active YA81833 Quartz MOM 67 Tagish Lake Gold Corp. - 100% Active YC18796 Quartz CHAR 16 Tagish Lake Gold Corp. - 100% Active YA81834 Quartz MOM 68 Tagish Lake Gold Corp. - 100% Active YC18797 Quartz CHAR 17 Tagish Lake Gold Corp. - 100% Active YA81835 Quartz MOM 69 Tagish Lake Gold Corp. - 100% Active YC18798 Quartz CHAR 18 Tagish Lake Gold Corp. - 100% Active YA81836 Quartz MOM 70 Tagish Lake Gold Corp. - 100% Active YC18799 Quartz CHAR 19 Tagish Lake Gold Corp. - 100% Active YA81837 Quartz MOM 71 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Grant Number Reg Type Claim Name YC18800 Quartz CHAR YC18801 Quartz YC18802 YC18803 Claim Number Claim Owner Status Grant Number Reg Type Claim Owner Status 20 Tagish Lake Gold Corp. - 100% Active YA81838 Quartz MOM 72 Tagish Lake Gold Corp. - 100% Active CHAR 21 Tagish Lake Gold Corp. - 100% Active YA81839 Quartz MOM 73 Tagish Lake Gold Corp. - 100% Active Quartz CHAR 22 Tagish Lake Gold Corp. - 100% Active YA81840 Quartz CHAR 23 Tagish Lake Gold Corp. - 100% Active YA81841 Quartz MOM 74 Tagish Lake Gold Corp. - 100% Active Quartz MOM 75 Tagish Lake Gold Corp. - 100% Active YC18804 Quartz CHAR 24 Tagish Lake Gold Corp. - 100% Active YA81842 Quartz MOM 76 Tagish Lake Gold Corp. - 100% Active YC18805 Quartz CHAR 25 Tagish Lake Gold Corp. - 100% Active YA81843 Quartz MOM 77 Tagish Lake Gold Corp. - 100% Active YC18806 Quartz CHAR 26 YC18807 Quartz CHAR 27 Tagish Lake Gold Corp. - 100% Active YA81844 Quartz MOM 78 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA81845 Quartz MOM 79 Tagish Lake Gold Corp. - 100% Active YC18808 Quartz CHAR 28 Tagish Lake Gold Corp. - 100% Active YA81846 Quartz MOM 80 Tagish Lake Gold Corp. - 100% Active YC18809 Quartz YC18810 Quartz CHAR 29 Tagish Lake Gold Corp. - 100% Active YA81847 Quartz MOM 81 Tagish Lake Gold Corp. - 100% Active CHAR 30 Tagish Lake Gold Corp. - 100% Active YA82000 Quartz MOM 82 Tagish Lake Gold Corp. - 100% Active YC18811 Quartz CHAR 31 Tagish Lake Gold Corp. - 100% Active YA82001 Quartz MOM 83 Tagish Lake Gold Corp. - 100% Active YC18812 Quartz CHAR 32 Tagish Lake Gold Corp. - 100% Active YA82002 Quartz MOM 84 Tagish Lake Gold Corp. - 100% Active YC18813 Quartz CHAR 33 Tagish Lake Gold Corp. - 100% Active YA82003 Quartz MOM 85 Tagish Lake Gold Corp. - 100% Active YC18814 Quartz CHAR 34 Tagish Lake Gold Corp. - 100% Active YA82004 Quartz MOM 86 Tagish Lake Gold Corp. - 100% Active YC18815 Quartz CHAR 35 Tagish Lake Gold Corp. - 100% Active YA82005 Quartz MOM 87 Tagish Lake Gold Corp. - 100% Active YC18816 Quartz CHAR 36 Tagish Lake Gold Corp. - 100% Active YA82006 Quartz MOM 88 Tagish Lake Gold Corp. - 100% Active YC18817 Quartz CHAR 37 Tagish Lake Gold Corp. - 100% Active YA82007 Quartz MOM 89 Tagish Lake Gold Corp. - 100% Active YC18818 Quartz CHAR 38 Tagish Lake Gold Corp. - 100% Active YA93743 Quartz OMNI 1 Tagish Lake Gold Corp. - 100% Active YC18819 Quartz CHAR 39 Tagish Lake Gold Corp. - 100% Active YA93744 Quartz OMNI 2 Tagish Lake Gold Corp. - 100% Active YC18820 Quartz CHAR 40 Tagish Lake Gold Corp. - 100% Active YA93745 Quartz OMNI 3 Tagish Lake Gold Corp. - 100% Active YC18821 Quartz CHAR 41 Tagish Lake Gold Corp. - 100% Active YA93746 Quartz OMNI 4 Tagish Lake Gold Corp. - 100% Active YC18822 Quartz CHAR 42 Tagish Lake Gold Corp. - 100% Active YA93747 Quartz OMNI 5 Tagish Lake Gold Corp. - 100% Active YC18823 Quartz CHAR 43 Tagish Lake Gold Corp. - 100% Active YA93748 Quartz OMNI 6 Tagish Lake Gold Corp. - 100% Active YC19347 Quartz CHAR 44 Tagish Lake Gold Corp. - 100% Active YA93749 Quartz OMNI 7 Tagish Lake Gold Corp. - 100% Active YC19348 Quartz CHAR 45 Tagish Lake Gold Corp. - 100% Active YA93750 Quartz OMNI 8 Tagish Lake Gold Corp. - 100% Active YC19349 Quartz CHAR 46 Tagish Lake Gold Corp. - 100% Active YA93751 Quartz OMNI 9 Tagish Lake Gold Corp. - 100% Active YC19350 Quartz CHAR 47 Tagish Lake Gold Corp. - 100% Active YA93752 Quartz OMNI 10 Tagish Lake Gold Corp. - 100% Active YC19351 Quartz CHAR 48 Tagish Lake Gold Corp. - 100% Active YA93753 Quartz OMNI 11 Tagish Lake Gold Corp. - 100% Active YC19352 Quartz CHAR 49 Tagish Lake Gold Corp. - 100% Active YA93754 Quartz OMNI 12 Tagish Lake Gold Corp. - 100% Active YC19353 Quartz CHAR 50 Tagish Lake Gold Corp. - 100% Active Y 75415 Quartz POP 1 Tagish Lake Gold Corp. - 100% Active YC19354 Quartz CHAR 51 Tagish Lake Gold Corp. - 100% Active Y 75416 Quartz POP 2 Tagish Lake Gold Corp. - 100% Active YC19355 Quartz CHAR 52 Tagish Lake Gold Corp. - 100% Active Y 75417 Quartz POP 3 Tagish Lake Gold Corp. - 100% Active YA74385 Quartz CHIEF 2 Tagish Lake Gold Corp. - 100% Active Y 75418 Quartz POP 4 Tagish Lake Gold Corp. - 100% Active YA74395 Quartz CHIEF 12 Tagish Lake Gold Corp. - 100% Active Y 75419 Quartz POP 5 Tagish Lake Gold Corp. - 100% Active YA74396 Quartz CHIEF 13 Tagish Lake Gold Corp. - 100% Active Y 75420 Quartz POP 6 Tagish Lake Gold Corp. - 100% Active YA74397 Quartz CHIEF 14 Tagish Lake Gold Corp. - 100% Active Y 75421 Quartz POP 7 Tagish Lake Gold Corp. - 100% Active YA74398 Quartz CHIEF 15 Tagish Lake Gold Corp. - 100% Active Y 75422 Quartz POP 8 Tagish Lake Gold Corp. - 100% Active YA74399 Quartz CHIEF 16 Tagish Lake Gold Corp. - 100% Active Y 75423 Quartz POP 9 Tagish Lake Gold Corp. - 100% Active YA74400 Quartz CHIEF 17 Tagish Lake Gold Corp. - 100% Active Y 75424 Quartz POP 10 Tagish Lake Gold Corp. - 100% Active YA74401 Quartz CHIEF 18 Tagish Lake Gold Corp. - 100% Active Y 75425 Quartz POP 11 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Name Claim Number Grant Number Reg Type Claim Name YA74402 Quartz CHIEF YA74403 Quartz Claim Number Claim Owner Status Grant Number Reg Type Claim Name 19 Tagish Lake Gold Corp. - 100% Active Y 75426 Quartz POP CHIEF 20 Tagish Lake Gold Corp. - 100% Active Y 75427 Quartz POP Claim Number Claim Owner Status 12 Tagish Lake Gold Corp. - 100% Active 13 Tagish Lake Gold Corp. - 100% Active YA74404 Quartz CHIEF 21 Tagish Lake Gold Corp. - 100% Active Y 75428 Quartz POP 14 Tagish Lake Gold Corp. - 100% Active YA74405 Quartz CHIEF 22 Tagish Lake Gold Corp. - 100% Active YA81468 Quartz POP 15 Tagish Lake Gold Corp. - 100% Active YA74406 Quartz CHIEF 23 Tagish Lake Gold Corp. - 100% Active YA81469 Quartz POP 16 Tagish Lake Gold Corp. - 100% Active YA74407 Quartz CHIEF 24 Tagish Lake Gold Corp. - 100% Active YA81470 Quartz POP 17 Tagish Lake Gold Corp. - 100% Active YA74408 Quartz CHIEF 25 Tagish Lake Gold Corp. - 100% Active YA81471 Quartz POP 18 Tagish Lake Gold Corp. - 100% Active YA74409 Quartz CHIEF 26 Tagish Lake Gold Corp. - 100% Active YA81472 Quartz POP 19 Tagish Lake Gold Corp. - 100% Active YA74410 Quartz CHIEF 27 Tagish Lake Gold Corp. - 100% Active YA81473 Quartz POP 20 Tagish Lake Gold Corp. - 100% Active YA74415 Quartz CHIEF 32 Tagish Lake Gold Corp. - 100% Active YA81474 Quartz POP 21 Tagish Lake Gold Corp. - 100% Active YA74416 Quartz CHIEF 33 Tagish Lake Gold Corp. - 100% Active YA81475 Quartz POP 22 Tagish Lake Gold Corp. - 100% Active YA74417 Quartz CHIEF 34 Tagish Lake Gold Corp. - 100% Active YA81476 Quartz POP 23 Tagish Lake Gold Corp. - 100% Active YA74418 Quartz CHIEF 35 Tagish Lake Gold Corp. - 100% Active YA81477 Quartz POP 24 Tagish Lake Gold Corp. - 100% Active YA74419 Quartz CHIEF 36 Tagish Lake Gold Corp. - 100% Active YA81478 Quartz POP 25 Tagish Lake Gold Corp. - 100% Active YA74420 Quartz CHIEF 37 Tagish Lake Gold Corp. - 100% Active YA81479 Quartz POP 26 Tagish Lake Gold Corp. - 100% Active YA74421 Quartz CHIEF 38 Tagish Lake Gold Corp. - 100% Active YA81480 Quartz POP 27 Tagish Lake Gold Corp. - 100% Active YA74422 Quartz CHIEF 39 Tagish Lake Gold Corp. - 100% Active YA81481 Quartz POP 28 Tagish Lake Gold Corp. - 100% Active YA74423 Quartz CHIEF 40 Tagish Lake Gold Corp. - 100% Active YA81482 Quartz POP 29 Tagish Lake Gold Corp. - 100% Active YA74424 Quartz CHIEF 41 Tagish Lake Gold Corp. - 100% Active YA81483 Quartz POP 30 Tagish Lake Gold Corp. - 100% Active YA74425 Quartz CHIEF 42 Tagish Lake Gold Corp. - 100% Active YA81484 Quartz POP 31 Tagish Lake Gold Corp. - 100% Active YA74426 Quartz CHIEF 43 Tagish Lake Gold Corp. - 100% Active YA81485 Quartz POP 32 Tagish Lake Gold Corp. - 100% Active YA74427 Quartz CHIEF 44 Tagish Lake Gold Corp. - 100% Active YA81486 Quartz POP 33 Tagish Lake Gold Corp. - 100% Active YA74428 Quartz CHIEF 45 Tagish Lake Gold Corp. - 100% Active YA81487 Quartz POP 34 Tagish Lake Gold Corp. - 100% Active YA74429 Quartz CHIEF 46 Tagish Lake Gold Corp. - 100% Active YA81488 Quartz POP 35 Tagish Lake Gold Corp. - 100% Active YA74430 Quartz CHIEF 47 Tagish Lake Gold Corp. - 100% Active YA81489 Quartz POP 36 Tagish Lake Gold Corp. - 100% Active YA74431 Quartz CHIEF 48 Tagish Lake Gold Corp. - 100% Active YA81490 Quartz POP 37 Tagish Lake Gold Corp. - 100% Active YA74432 Quartz CHIEF 49 Tagish Lake Gold Corp. - 100% Active YA81491 Quartz POP 38 Tagish Lake Gold Corp. - 100% Active YA74435 Quartz CHIEF 52 Tagish Lake Gold Corp. - 100% Active YA81492 Quartz POP 39 Tagish Lake Gold Corp. - 100% Active YA74436 Quartz CHIEF 53 Tagish Lake Gold Corp. - 100% Active YA81493 Quartz POP 40 Tagish Lake Gold Corp. - 100% Active YA74437 Quartz CHIEF 54 Tagish Lake Gold Corp. - 100% Active YA81494 Quartz POP 41 Tagish Lake Gold Corp. - 100% Active YA74438 Quartz CHIEF 55 Tagish Lake Gold Corp. - 100% Active YA81495 Quartz POP 42 Tagish Lake Gold Corp. - 100% Active YA74439 Quartz CHIEF 56 Tagish Lake Gold Corp. - 100% Active YA81496 Quartz POP 43 Tagish Lake Gold Corp. - 100% Active YA74440 Quartz CHIEF 57 Tagish Lake Gold Corp. - 100% Active YA81497 Quartz POP 44 Tagish Lake Gold Corp. - 100% Active YA74441 Quartz CHIEF 58 Tagish Lake Gold Corp. - 100% Active YA81498 Quartz POP 45 Tagish Lake Gold Corp. - 100% Active YA74442 Quartz CHIEF 59 Tagish Lake Gold Corp. - 100% Active YA81499 Quartz POP 46 Tagish Lake Gold Corp. - 100% Active YA74443 Quartz CHIEF 60 Tagish Lake Gold Corp. - 100% Active YA81500 Quartz POP 47 Tagish Lake Gold Corp. - 100% Active YA74444 Quartz CHIEF 61 Tagish Lake Gold Corp. - 100% Active YA81501 Quartz POP 48 Tagish Lake Gold Corp. - 100% Active YA74445 Quartz CHIEF 62 Tagish Lake Gold Corp. - 100% Active YA81502 Quartz POP 49 Tagish Lake Gold Corp. - 100% Active YA74446 Quartz CHIEF 63 Tagish Lake Gold Corp. - 100% Active YA81503 Quartz POP 50 Tagish Lake Gold Corp. - 100% Active YA74447 Quartz CHIEF 64 Tagish Lake Gold Corp. - 100% Active YA81504 Quartz POP 51 Tagish Lake Gold Corp. - 100% Active YA74448 Quartz CHIEF 65 Tagish Lake Gold Corp. - 100% Active YA81505 Quartz POP 52 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Grant Number Reg Type Claim Name YA74449 Quartz CHIEF YA74450 Quartz Claim Number Claim Owner Status Grant Number Reg Type Claim Name 66 Tagish Lake Gold Corp. - 100% Active YA81506 Quartz POP CHIEF 67 Tagish Lake Gold Corp. - 100% Active YA81507 Quartz POP Claim Number Claim Owner Status 53 Tagish Lake Gold Corp. - 100% Active 54 Tagish Lake Gold Corp. - 100% Active YA74451 Quartz CHIEF 68 Tagish Lake Gold Corp. - 100% Active YA81508 Quartz POP 55 Tagish Lake Gold Corp. - 100% Active YC14135 Quartz CL 6 Tagish Lake Gold Corp. - 100% Active YA81509 Quartz POP 56 Tagish Lake Gold Corp. - 100% Active YC14136 Quartz CL 7 Tagish Lake Gold Corp. - 100% Active YA81510 Quartz POP 57 Tagish Lake Gold Corp. - 100% Active YC14137 Quartz CL 8 Tagish Lake Gold Corp. - 100% Active YA81511 Quartz POP 58 Tagish Lake Gold Corp. - 100% Active YC14138 Quartz CL 9 Tagish Lake Gold Corp. - 100% Active YA81512 Quartz POP 59 Tagish Lake Gold Corp. - 100% Active YC14139 Quartz CL 10 Tagish Lake Gold Corp. - 100% Active YA81513 Quartz POP 60 Tagish Lake Gold Corp. - 100% Active YC14140 Quartz CL 13 Tagish Lake Gold Corp. - 100% Active YA81514 Quartz POP 61 Tagish Lake Gold Corp. - 100% Active YC14141 Quartz CL 14 Tagish Lake Gold Corp. - 100% Active YA81515 Quartz POP 62 Tagish Lake Gold Corp. - 100% Active YC14142 Quartz CL 15 Tagish Lake Gold Corp. - 100% Active YA81516 Quartz POP 63 Tagish Lake Gold Corp. - 100% Active YC14143 Quartz CL 16 Tagish Lake Gold Corp. - 100% Active YA81517 Quartz POP 64 Tagish Lake Gold Corp. - 100% Active YC14144 Quartz CL 17 Tagish Lake Gold Corp. - 100% Active YA81518 Quartz POP 65 Tagish Lake Gold Corp. - 100% Active YC14145 Quartz CL 18 Tagish Lake Gold Corp. - 100% Active YA81519 Quartz POP 66 Tagish Lake Gold Corp. - 100% Active YC14148 Quartz CL 21 Tagish Lake Gold Corp. - 100% Active YA81520 Quartz POP 67 Tagish Lake Gold Corp. - 100% Active YC14149 Quartz CL 22 Tagish Lake Gold Corp. - 100% Active YA81521 Quartz POP 68 Tagish Lake Gold Corp. - 100% Active YC14150 Quartz CL 23 Tagish Lake Gold Corp. - 100% Active YA81522 Quartz POP 69 Tagish Lake Gold Corp. - 100% Active YC14151 Quartz CL 24 Tagish Lake Gold Corp. - 100% Active YA81523 Quartz POP 70 Tagish Lake Gold Corp. - 100% Active YC14152 Quartz CL 25 Tagish Lake Gold Corp. - 100% Active YA86194 Quartz POP 71 Tagish Lake Gold Corp. - 100% Active YC14156 Quartz CL 29 Tagish Lake Gold Corp. - 100% Active YA86195 Quartz POP 72 Tagish Lake Gold Corp. - 100% Active YC14157 Quartz CL 30 Tagish Lake Gold Corp. - 100% Active YA86196 Quartz POP 73 Tagish Lake Gold Corp. - 100% Active YB66982 Quartz DG 1 Tagish Lake Gold Corp. - 100% Active YA86197 Quartz POP 74 Tagish Lake Gold Corp. - 100% Active YB66983 Quartz DG 2 Tagish Lake Gold Corp. - 100% Active YA86198 Quartz POP 75 Tagish Lake Gold Corp. - 100% Active YB66984 Quartz DG 3 Tagish Lake Gold Corp. - 100% Active YA86199 Quartz POP 76 Tagish Lake Gold Corp. - 100% Active YB66985 Quartz DG 4 Tagish Lake Gold Corp. - 100% Active YA86200 Quartz POP 77 Tagish Lake Gold Corp. - 100% Active YB66986 Quartz DG 5 Tagish Lake Gold Corp. - 100% Active YA86201 Quartz POP 78 Tagish Lake Gold Corp. - 100% Active YB66987 Quartz DG 6 Tagish Lake Gold Corp. - 100% Active YA86202 Quartz POP 79 Tagish Lake Gold Corp. - 100% Active YB66988 Quartz DG 7 Tagish Lake Gold Corp. - 100% Active YA86203 Quartz POP 80 Tagish Lake Gold Corp. - 100% Active YB66989 Quartz DG 8 Tagish Lake Gold Corp. - 100% Active YA86204 Quartz POP 81 Tagish Lake Gold Corp. - 100% Active YB66990 Quartz DG 9 Tagish Lake Gold Corp. - 100% Active YA86205 Quartz POP 82 Tagish Lake Gold Corp. - 100% Active YB66991 Quartz DG 10 Tagish Lake Gold Corp. - 100% Active YA86206 Quartz POP 83 Tagish Lake Gold Corp. - 100% Active YB66992 Quartz DG 11 Tagish Lake Gold Corp. - 100% Active YA86207 Quartz POP 84 Tagish Lake Gold Corp. - 100% Active YB66993 Quartz DG 12 Tagish Lake Gold Corp. - 100% Active YA86208 Quartz POP 85 Tagish Lake Gold Corp. - 100% Active YB66994 Quartz DG 13 Tagish Lake Gold Corp. - 100% Active YA86209 Quartz POP 86 Tagish Lake Gold Corp. - 100% Active YB66995 Quartz DG 14 Tagish Lake Gold Corp. - 100% Active YA86210 Quartz POP 87 Tagish Lake Gold Corp. - 100% Active YB66996 Quartz DG 15 Tagish Lake Gold Corp. - 100% Active YA86211 Quartz POP 88 Tagish Lake Gold Corp. - 100% Active YB66997 Quartz DG 16 Tagish Lake Gold Corp. - 100% Active YA86212 Quartz POP 89 Tagish Lake Gold Corp. - 100% Active YB66998 Quartz DG 17 Tagish Lake Gold Corp. - 100% Active YA86213 Quartz POP 90 Tagish Lake Gold Corp. - 100% Active YB66999 Quartz DG 18 Tagish Lake Gold Corp. - 100% Active YA86214 Quartz POP 91 Tagish Lake Gold Corp. - 100% Active YB67000 Quartz DG 19 Tagish Lake Gold Corp. - 100% Active YA86215 Quartz POP 92 Tagish Lake Gold Corp. - 100% Active YB67001 Quartz DG 20 Tagish Lake Gold Corp. - 100% Active YA86216 Quartz POP 93 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Grant Number Reg Type Claim Name YB67002 Quartz DG YB67003 Quartz YA81543 YA81544 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 21 Tagish Lake Gold Corp. - 100% Active YA86217 Quartz POP DG 22 Tagish Lake Gold Corp. - 100% Active YA86218 Quartz Quartz ERN 1 Tagish Lake Gold Corp. - 100% Active YA86219 Quartz ERN 2 Tagish Lake Gold Corp. - 100% Active YA86220 YA81545 Quartz ERN 3 Tagish Lake Gold Corp. - 100% Active YA81546 Quartz ERN 4 Tagish Lake Gold Corp. - 100% YA81547 Quartz ERN 5 YA81548 Quartz ERN 6 YA81549 Quartz ERN YA81550 Quartz YA81551 Quartz YA81552 Claim Number Claim Owner Status 94 Tagish Lake Gold Corp. - 100% Active POP 95 Tagish Lake Gold Corp. - 100% Active Quartz POP 96 Tagish Lake Gold Corp. - 100% Active Quartz POP 97 Tagish Lake Gold Corp. - 100% Active YA86221 Quartz POP 98 Tagish Lake Gold Corp. - 100% Active Active YA86222 Quartz POP 99 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA86223 Quartz POP 100 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA93378 Quartz POP 101 Tagish Lake Gold Corp. - 100% Active 7 Tagish Lake Gold Corp. - 100% Active YA86224 Quartz POP 101 Tagish Lake Gold Corp. - 100% Active ERN 8 Tagish Lake Gold Corp. - 100% Active YA93379 Quartz POP 102 Tagish Lake Gold Corp. - 100% Active ERN 9 Tagish Lake Gold Corp. - 100% Active YA86225 Quartz POP 102 Tagish Lake Gold Corp. - 100% Active Quartz ERN 10 Tagish Lake Gold Corp. - 100% Active YA86226 Quartz POP 103 Tagish Lake Gold Corp. - 100% Active YA81553 Quartz ERN 11 Tagish Lake Gold Corp. - 100% Active YA93382 Quartz POP 103 Tagish Lake Gold Corp. - 100% Active YA81554 Quartz ERN 12 Tagish Lake Gold Corp. - 100% Active YA86227 Quartz POP 104 Tagish Lake Gold Corp. - 100% Active YA81555 Quartz ERN 13 Tagish Lake Gold Corp. - 100% Active YA93383 Quartz POP 104 Tagish Lake Gold Corp. - 100% Active YA81556 Quartz ERN 14 Tagish Lake Gold Corp. - 100% Active YA93384 Quartz POP 105 Tagish Lake Gold Corp. - 100% Active YA81557 Quartz ERN 15 Tagish Lake Gold Corp. - 100% Active YA93385 Quartz POP 106 Tagish Lake Gold Corp. - 100% Active YA85503 Quartz ERN 16 Tagish Lake Gold Corp. - 100% Active YA93386 Quartz POP 107 Tagish Lake Gold Corp. - 100% Active YA85504 Quartz ERN 17 Tagish Lake Gold Corp. - 100% Active YA93387 Quartz POP 108 Tagish Lake Gold Corp. - 100% Active YA85505 Quartz ERN 18 Tagish Lake Gold Corp. - 100% Active YA93388 Quartz POP 109 Tagish Lake Gold Corp. - 100% Active YA85506 Quartz ERN 19 Tagish Lake Gold Corp. - 100% Active YA93389 Quartz POP 110 Tagish Lake Gold Corp. - 100% Active YA85507 Quartz ERN 20 Tagish Lake Gold Corp. - 100% Active YA93390 Quartz POP 111 Tagish Lake Gold Corp. - 100% Active YA85508 Quartz ERN 21 Tagish Lake Gold Corp. - 100% Active YA93391 Quartz POP 112 Tagish Lake Gold Corp. - 100% Active YA85509 Quartz ERN 22 Tagish Lake Gold Corp. - 100% Active YA93392 Quartz POP 113 Tagish Lake Gold Corp. - 100% Active YA85511 Quartz ERN 24 Tagish Lake Gold Corp. - 100% Active YA93393 Quartz POP 114 Tagish Lake Gold Corp. - 100% Active YA85512 Quartz ERN 25 Tagish Lake Gold Corp. - 100% Active YA93394 Quartz POP 115 Tagish Lake Gold Corp. - 100% Active YA85513 Quartz ERN 26 Tagish Lake Gold Corp. - 100% Active YA93395 Quartz POP 116 Tagish Lake Gold Corp. - 100% Active YA85514 Quartz ERN 27 Tagish Lake Gold Corp. - 100% Active YA94672 Quartz POP 117 Tagish Lake Gold Corp. - 100% Active YA85515 Quartz ERN 30 Tagish Lake Gold Corp. - 100% Active YA94673 Quartz POP 118 Tagish Lake Gold Corp. - 100% Active YA85516 Quartz ERN 31 Tagish Lake Gold Corp. - 100% Active YA94674 Quartz POP 119 Tagish Lake Gold Corp. - 100% Active YA85517 Quartz ERN 32 Tagish Lake Gold Corp. - 100% Active YA94675 Quartz POP 120 Tagish Lake Gold Corp. - 100% Active YA85518 Quartz ERN 33 Tagish Lake Gold Corp. - 100% Active YA94676 Quartz POP 121 Tagish Lake Gold Corp. - 100% Active YA93875 Quartz GLEE 1 Tagish Lake Gold Corp. - 100% Active YA94677 Quartz POP 122 Tagish Lake Gold Corp. - 100% Active YA93876 Quartz GLEE 2 Tagish Lake Gold Corp. - 100% Active YB97801 Quartz PUP 29 Tagish Lake Gold Corp. - 100% Active YA93877 Quartz GLEE 3 Tagish Lake Gold Corp. - 100% Active YB97802 Quartz PUP 30 Tagish Lake Gold Corp. - 100% Active YA93878 Quartz GLEE 4 Tagish Lake Gold Corp. - 100% Active YA78390 Quartz PUP RAC 85 Tagish Lake Gold Corp. - 100% Active YA93879 Quartz GLEE 5 Tagish Lake Gold Corp. - 100% Active Y 60275 Quartz A 8 Tagish Lake Gold Corp. - 100% Active YA93880 Quartz GLEE 6 Tagish Lake Gold Corp. - 100% Active Y 60276 Quartz A 9 Tagish Lake Gold Corp. - 100% Active 10 Tagish Lake Gold Corp. - 100% Active 11 Tagish Lake Gold Corp. - 100% Active 1 Tagish Lake Gold Corp. - 100% Active RAC RAC YA93881 Quartz GLEE 7 Tagish Lake Gold Corp. - 100% Active Y 60277 Quartz A YA93882 Quartz GLEE 8 Tagish Lake Gold Corp. - 100% Active Y 60278 Quartz A YA93883 Quartz GLEE 9 Tagish Lake Gold Corp. - 100% Active YA92922 Quartz RAC AMC : 711039 - Appendix A : Mineral Tenure STEN Grant Number Reg Type Claim Name YA93884 Quartz GLEE YA93885 Quartz YA93886 YA93890 Claim Number Claim Owner Status Grant Number Reg Type Claim Owner Status 10 Tagish Lake Gold Corp. - 100% Active YA92923 Quartz STEN 2 Tagish Lake Gold Corp. - 100% Active GLEE 11 Tagish Lake Gold Corp. - 100% Active YA92924 Quartz STEN 3 Tagish Lake Gold Corp. - 100% Active Quartz GLEE 12 Tagish Lake Gold Corp. - 100% Active YA92925 Quartz GLEE 16 Tagish Lake Gold Corp. - 100% Active YA92926 Quartz STEN 4 Tagish Lake Gold Corp. - 100% Active Quartz STEN 5 Tagish Lake Gold Corp. - 100% Active YA93891 Quartz GLEE 17 Tagish Lake Gold Corp. - 100% Active YA92927 Quartz STEN 6 Tagish Lake Gold Corp. - 100% Active YA93892 Quartz GLEE 18 Tagish Lake Gold Corp. - 100% Active YA92928 Quartz STEN 7 Tagish Lake Gold Corp. - 100% Active YA93893 Quartz GLEE 19 YA93894 Quartz GLEE 20 Tagish Lake Gold Corp. - 100% Active YA92929 Quartz STEN 8 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA92930 Quartz STEN 9 Tagish Lake Gold Corp. - 100% Active YA93896 Quartz GLEE 22 Tagish Lake Gold Corp. - 100% Active YA92931 Quartz STEN 10 Tagish Lake Gold Corp. - 100% Active YA93911 Quartz YA93912 Quartz GLEE 37 Tagish Lake Gold Corp. - 100% Active YA92932 Quartz STEN 11 Tagish Lake Gold Corp. - 100% Active GLEE 38 Tagish Lake Gold Corp. - 100% Active YA92933 Quartz STEN 12 Tagish Lake Gold Corp. - 100% Active YA93913 Quartz GLEE 39 Tagish Lake Gold Corp. - 100% Active YA92934 Quartz STEN 13 Tagish Lake Gold Corp. - 100% Active YA93914 Quartz GLEE 40 Tagish Lake Gold Corp. - 100% Active YA92935 Quartz STEN 14 Tagish Lake Gold Corp. - 100% Active YA93915 Quartz GLEE 41 Tagish Lake Gold Corp. - 100% Active YA92936 Quartz STEN 15 Tagish Lake Gold Corp. - 100% Active YA93916 Quartz GLEE 42 Tagish Lake Gold Corp. - 100% Active YA92937 Quartz STEN 16 Tagish Lake Gold Corp. - 100% Active YA93917 Quartz GLEE 43 Tagish Lake Gold Corp. - 100% Active YA92938 Quartz STEN 17 Tagish Lake Gold Corp. - 100% Active YA93918 Quartz GLEE 44 Tagish Lake Gold Corp. - 100% Active YA92940 Quartz STEN 19 Tagish Lake Gold Corp. - 100% Active YA93919 Quartz GLEE 45 Tagish Lake Gold Corp. - 100% Active YA92941 Quartz STEN 20 Tagish Lake Gold Corp. - 100% Active YA93920 Quartz GLEE 46 Tagish Lake Gold Corp. - 100% Active YA92942 Quartz STEN 21 Tagish Lake Gold Corp. - 100% Active YA93993 Quartz GLEE 59 Tagish Lake Gold Corp. - 100% Active YA92943 Quartz STEN 22 Tagish Lake Gold Corp. - 100% Active YA93994 Quartz GLEE 60 Tagish Lake Gold Corp. - 100% Active YA92944 Quartz STEN 23 Tagish Lake Gold Corp. - 100% Active YA93995 Quartz GLEE 61 Tagish Lake Gold Corp. - 100% Active YA92945 Quartz STEN 24 Tagish Lake Gold Corp. - 100% Active YA93996 Quartz GLEE 62 Tagish Lake Gold Corp. - 100% Active YA92946 Quartz STEN 25 Tagish Lake Gold Corp. - 100% Active YA93997 Quartz GLEE 63 Tagish Lake Gold Corp. - 100% Active YA92947 Quartz STEN 26 Tagish Lake Gold Corp. - 100% Active YA93998 Quartz GLEE 64 Tagish Lake Gold Corp. - 100% Active YA92948 Quartz STEN 27 Tagish Lake Gold Corp. - 100% Active YA93999 Quartz GLEE 65 Tagish Lake Gold Corp. - 100% Active YA92949 Quartz STEN 28 Tagish Lake Gold Corp. - 100% Active YA94000 Quartz GLEE 66 Tagish Lake Gold Corp. - 100% Active YA92950 Quartz STEN 29 Tagish Lake Gold Corp. - 100% Active YA94001 Quartz GLEE 67 Tagish Lake Gold Corp. - 100% Active YA92951 Quartz STEN 30 Tagish Lake Gold Corp. - 100% Active YA94002 Quartz GLEE 68 Tagish Lake Gold Corp. - 100% Active YA92952 Quartz STEN 31 Tagish Lake Gold Corp. - 100% Active YA94003 Quartz GLEE 69 Tagish Lake Gold Corp. - 100% Active YA92953 Quartz STEN 32 Tagish Lake Gold Corp. - 100% Active YA94004 Quartz GLEE 70 Tagish Lake Gold Corp. - 100% Active YA92954 Quartz STEN 33 Tagish Lake Gold Corp. - 100% Active YA94005 Quartz GLEE 71 Tagish Lake Gold Corp. - 100% Active YA92955 Quartz STEN 34 Tagish Lake Gold Corp. - 100% Active YA94006 Quartz GLEE 72 Tagish Lake Gold Corp. - 100% Active YA92956 Quartz STEN 35 Tagish Lake Gold Corp. - 100% Active YA94007 Quartz GLEE 73 Tagish Lake Gold Corp. - 100% Active YA92957 Quartz STEN 36 Tagish Lake Gold Corp. - 100% Active YA94008 Quartz GLEE 74 Tagish Lake Gold Corp. - 100% Active YA92958 Quartz STEN 37 Tagish Lake Gold Corp. - 100% Active YA94009 Quartz GLEE 75 Tagish Lake Gold Corp. - 100% Active YA92959 Quartz STEN 38 Tagish Lake Gold Corp. - 100% Active YA94010 Quartz GLEE 76 Tagish Lake Gold Corp. - 100% Active YA92960 Quartz STEN 39 Tagish Lake Gold Corp. - 100% Active YA94011 Quartz GLEE 77 Tagish Lake Gold Corp. - 100% Active YA92961 Quartz STEN 40 Tagish Lake Gold Corp. - 100% Active YA94012 Quartz GLEE 78 Tagish Lake Gold Corp. - 100% Active YA92962 Quartz STEN 41 Tagish Lake Gold Corp. - 100% Active YA94013 Quartz GLEE 79 Tagish Lake Gold Corp. - 100% Active YA92963 Quartz STEN 42 Tagish Lake Gold Corp. - 100% Active YA94014 Quartz GLEE 80 Tagish Lake Gold Corp. - 100% Active YA92964 Quartz STEN 43 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Name Claim Number Grant Number Reg Type Claim Name YB95941 Quartz HO YB95942 Quartz YB95943 YB95944 Claim Number Claim Owner Status Grant Number Reg Type Claim Owner Status 1 Tagish Lake Gold Corp. - 100% Active YA92965 Quartz STEN 44 Tagish Lake Gold Corp. - 100% Active HO 2 Tagish Lake Gold Corp. - 100% Active YA92966 Quartz STEN 45 Tagish Lake Gold Corp. - 100% Active Quartz HO 3 Tagish Lake Gold Corp. - 100% Active YA82362 Quartz HO 4 Tagish Lake Gold Corp. - 100% Active YA82363 Quartz TECH 1 Tagish Lake Gold Corp. - 100% Active Quartz TECH 2 Tagish Lake Gold Corp. - 100% Active YB95945 Quartz HO 5 Tagish Lake Gold Corp. - 100% Active YA82364 Quartz TECH 3 Tagish Lake Gold Corp. - 100% Active YB95946 Quartz HO 6 Tagish Lake Gold Corp. - 100% Active YA82365 Quartz TECH 4 Tagish Lake Gold Corp. - 100% Active YB95947 Quartz HO 7 YB95948 Quartz HO 8 Tagish Lake Gold Corp. - 100% Active YB97764 Quartz TECH 5 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB26465 Quartz TECH 6 Tagish Lake Gold Corp. - 100% Active YB95949 Quartz HO 9 Tagish Lake Gold Corp. - 100% Active YA82368 Quartz TECH 7 Tagish Lake Gold Corp. - 100% Active YB95950 Quartz YB95951 Quartz HO 10 Tagish Lake Gold Corp. - 100% Active YA82369 Quartz TECH 8 Tagish Lake Gold Corp. - 100% Active HO 11 Tagish Lake Gold Corp. - 100% Active YA82370 Quartz TECH 9 Tagish Lake Gold Corp. - 100% Active YB95952 Quartz HO 12 Tagish Lake Gold Corp. - 100% Active YA82371 Quartz TECH 10 Tagish Lake Gold Corp. - 100% Active YB95953 Quartz HO 13 Tagish Lake Gold Corp. - 100% Active YA82372 Quartz TECH 11 Tagish Lake Gold Corp. - 100% Active YB95954 Quartz HO 14 Tagish Lake Gold Corp. - 100% Active YA82373 Quartz TECH 12 Tagish Lake Gold Corp. - 100% Active YB95955 Quartz HO 15 Tagish Lake Gold Corp. - 100% Active YA82374 Quartz TECH 13 Tagish Lake Gold Corp. - 100% Active YB95956 Quartz HO 16 Tagish Lake Gold Corp. - 100% Active YB97763 Quartz TECH 14 Tagish Lake Gold Corp. - 100% Active YB95957 Quartz HO 17 Tagish Lake Gold Corp. - 100% Active YA82376 Quartz TECH 15 Tagish Lake Gold Corp. - 100% Active YB95958 Quartz HO 18 Tagish Lake Gold Corp. - 100% Active YA82377 Quartz TECH 16 Tagish Lake Gold Corp. - 100% Active YB95959 Quartz HO 19 Tagish Lake Gold Corp. - 100% Active YA82378 Quartz TECH 17 Tagish Lake Gold Corp. - 100% Active YB95960 Quartz HO 20 Tagish Lake Gold Corp. - 100% Active YA82379 Quartz TECH 18 Tagish Lake Gold Corp. - 100% Active YB95961 Quartz HO 21 Tagish Lake Gold Corp. - 100% Active YA86013 Quartz TECH 19 Tagish Lake Gold Corp. - 100% Active YB95962 Quartz HO 22 Tagish Lake Gold Corp. - 100% Active YA86014 Quartz TECH 20 Tagish Lake Gold Corp. - 100% Active YB95963 Quartz HO 23 Tagish Lake Gold Corp. - 100% Active YA86015 Quartz TECH 21 Tagish Lake Gold Corp. - 100% Active YB95964 Quartz HO 24 Tagish Lake Gold Corp. - 100% Active YA92145 Quartz TECH 22 Tagish Lake Gold Corp. - 100% Active YB95965 Quartz HO 25 Tagish Lake Gold Corp. - 100% Active YA92146 Quartz TECH 23 Tagish Lake Gold Corp. - 100% Active YB95966 Quartz HO 26 Tagish Lake Gold Corp. - 100% Active YA92147 Quartz TECH 24 Tagish Lake Gold Corp. - 100% Active YB95967 Quartz HO 27 Tagish Lake Gold Corp. - 100% Active YA92148 Quartz TECH 25 Tagish Lake Gold Corp. - 100% Active YB95968 Quartz HO 28 Tagish Lake Gold Corp. - 100% Active YA92149 Quartz TECH 26 Tagish Lake Gold Corp. - 100% Active YB95969 Quartz HO 29 Tagish Lake Gold Corp. - 100% Active YA92150 Quartz TECH 27 Tagish Lake Gold Corp. - 100% Active YB95970 Quartz HO 30 Tagish Lake Gold Corp. - 100% Active YA92151 Quartz TECH 28 Tagish Lake Gold Corp. - 100% Active YA92967 Quartz KIR 1 Tagish Lake Gold Corp. - 100% Active YA92152 Quartz TECH 29 Tagish Lake Gold Corp. - 100% Active YA92968 Quartz KIR 2 Tagish Lake Gold Corp. - 100% Active YA92153 Quartz TECH 30 Tagish Lake Gold Corp. - 100% Active YA92969 Quartz KIR 3 Tagish Lake Gold Corp. - 100% Active YA92154 Quartz TECH 31 Tagish Lake Gold Corp. - 100% Active YA92970 Quartz KIR 4 Tagish Lake Gold Corp. - 100% Active YA92155 Quartz TECH 32 Tagish Lake Gold Corp. - 100% Active YA92971 Quartz KIR 5 Tagish Lake Gold Corp. - 100% Active YA92156 Quartz TECH 33 Tagish Lake Gold Corp. - 100% Active YA92972 Quartz KIR 6 Tagish Lake Gold Corp. - 100% Active YA92157 Quartz TECH 34 Tagish Lake Gold Corp. - 100% Active YA92973 Quartz KIR 7 Tagish Lake Gold Corp. - 100% Active YA92158 Quartz TECH 35 Tagish Lake Gold Corp. - 100% Active YA92974 Quartz KIR 8 Tagish Lake Gold Corp. - 100% Active YA92159 Quartz TECH 36 Tagish Lake Gold Corp. - 100% Active YA92975 Quartz KIR 9 Tagish Lake Gold Corp. - 100% Active YA92160 Quartz TECH 37 Tagish Lake Gold Corp. - 100% Active YA92976 Quartz KIR 10 Tagish Lake Gold Corp. - 100% Active YA92161 Quartz TECH 38 Tagish Lake Gold Corp. - 100% Active YA92977 Quartz KIR 11 Tagish Lake Gold Corp. - 100% Active YA92162 Quartz TECH 39 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Name Claim Number Grant Number Reg Type Claim Name YA92978 Quartz KIR YA92979 Quartz YA92980 YA92981 Claim Number Claim Owner Status Grant Number Reg Type Claim Owner Status 12 Tagish Lake Gold Corp. - 100% Active YA92163 Quartz TECH 40 Tagish Lake Gold Corp. - 100% Active KIR 13 Tagish Lake Gold Corp. - 100% Active YA92833 Quartz TEX 1 Tagish Lake Gold Corp. - 100% Active Quartz KIR 14 Tagish Lake Gold Corp. - 100% Active YA92834 Quartz KIR 15 Tagish Lake Gold Corp. - 100% Active YA92835 Quartz TEX 2 Tagish Lake Gold Corp. - 100% Active Quartz TEX 3 Tagish Lake Gold Corp. - 100% Active YA92982 Quartz KIR 16 Tagish Lake Gold Corp. - 100% Active YA92836 Quartz TEX 4 Tagish Lake Gold Corp. - 100% Active YA92983 Quartz KIR 17 Tagish Lake Gold Corp. - 100% Active YA92837 Quartz TEX 5 Tagish Lake Gold Corp. - 100% Active YA92984 Quartz KIR 18 YA92985 Quartz KIR 19 Tagish Lake Gold Corp. - 100% Active YA92838 Quartz TEX 6 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YA92839 Quartz TEX 7 Tagish Lake Gold Corp. - 100% Active YA92986 Quartz KIR 20 Tagish Lake Gold Corp. - 100% Active YA92840 Quartz TEX 8 Tagish Lake Gold Corp. - 100% Active YA92987 Quartz YA92988 Quartz KIR 21 Tagish Lake Gold Corp. - 100% Active YA92841 Quartz TEX 9 Tagish Lake Gold Corp. - 100% Active KIR 22 Tagish Lake Gold Corp. - 100% Active YA92842 Quartz TEX 10 Tagish Lake Gold Corp. - 100% Active YA92989 Quartz KIR 23 Tagish Lake Gold Corp. - 100% Active YA92843 Quartz TEX 11 Tagish Lake Gold Corp. - 100% Active YA92990 Quartz KIR 24 Tagish Lake Gold Corp. - 100% Active YA92844 Quartz TEX 12 Tagish Lake Gold Corp. - 100% Active YA92991 Quartz KIR 25 Tagish Lake Gold Corp. - 100% Active YA92845 Quartz TEX 13 Tagish Lake Gold Corp. - 100% Active YA92992 Quartz KIR 26 Tagish Lake Gold Corp. - 100% Active YA92846 Quartz TEX 14 Tagish Lake Gold Corp. - 100% Active YA92993 Quartz KIR 27 Tagish Lake Gold Corp. - 100% Active YA92847 Quartz TEX 15 Tagish Lake Gold Corp. - 100% Active YA92994 Quartz KIR 28 Tagish Lake Gold Corp. - 100% Active YA92848 Quartz TEX 16 Tagish Lake Gold Corp. - 100% Active YA92995 Quartz KIR 29 Tagish Lake Gold Corp. - 100% Active YA92849 Quartz TEX 17 Tagish Lake Gold Corp. - 100% Active YA92996 Quartz KIR 30 Tagish Lake Gold Corp. - 100% Active YA92850 Quartz TEX 18 Tagish Lake Gold Corp. - 100% Active YA92997 Quartz KIR 31 Tagish Lake Gold Corp. - 100% Active YA92851 Quartz TEX 19 Tagish Lake Gold Corp. - 100% Active YA92998 Quartz KIR 32 Tagish Lake Gold Corp. - 100% Active YA92852 Quartz TEX 20 Tagish Lake Gold Corp. - 100% Active YA92999 Quartz KIR 33 Tagish Lake Gold Corp. - 100% Active YA92853 Quartz TEX 21 Tagish Lake Gold Corp. - 100% Active YA61199 Quartz KUKU 1 Tagish Lake Gold Corp. - 100% Active YA92854 Quartz TEX 22 Tagish Lake Gold Corp. - 100% Active YA61200 Quartz KUKU 2 Tagish Lake Gold Corp. - 100% Active YB66866 Quartz TM 1 Tagish Lake Gold Corp. - 100% Active YA61201 Quartz KUKU 3 Tagish Lake Gold Corp. - 100% Active YB66867 Quartz TM 2 Tagish Lake Gold Corp. - 100% Active YA61202 Quartz KUKU 4 Tagish Lake Gold Corp. - 100% Active YB66868 Quartz TM 3 Tagish Lake Gold Corp. - 100% Active YA61203 Quartz KUKU 5 Tagish Lake Gold Corp. - 100% Active YB66869 Quartz TM 4 Tagish Lake Gold Corp. - 100% Active YA61204 Quartz KUKU 6 Tagish Lake Gold Corp. - 100% Active YB66870 Quartz TM 5 Tagish Lake Gold Corp. - 100% Active YA61207 Quartz KUKU 9 Tagish Lake Gold Corp. - 100% Active YB66871 Quartz TM 6 Tagish Lake Gold Corp. - 100% Active YA61208 Quartz KUKU 10 Tagish Lake Gold Corp. - 100% Active YB66872 Quartz TM 7 Tagish Lake Gold Corp. - 100% Active YA61209 Quartz KUKU 11 Tagish Lake Gold Corp. - 100% Active YB66873 Quartz TM 8 Tagish Lake Gold Corp. - 100% Active YA61210 Quartz KUKU 12 Tagish Lake Gold Corp. - 100% Active YB66874 Quartz TM 9 Tagish Lake Gold Corp. - 100% Active YA61211 Quartz KUKU 13 Tagish Lake Gold Corp. - 100% Active YB66875 Quartz TM 10 Tagish Lake Gold Corp. - 100% Active YA61212 Quartz KUKU 14 Tagish Lake Gold Corp. - 100% Active YB66876 Quartz TM 11 Tagish Lake Gold Corp. - 100% Active YA61213 Quartz KUKU 15 Tagish Lake Gold Corp. - 100% Active YB66877 Quartz TM 12 Tagish Lake Gold Corp. - 100% Active YA61214 Quartz KUKU 16 Tagish Lake Gold Corp. - 100% Active YB66878 Quartz TM 13 Tagish Lake Gold Corp. - 100% Active YA61215 Quartz KUKU 17 Tagish Lake Gold Corp. - 100% Active YB66879 Quartz TM 14 Tagish Lake Gold Corp. - 100% Active YA61216 Quartz KUKU 18 Tagish Lake Gold Corp. - 100% Active YB66881 Quartz TM 16 Tagish Lake Gold Corp. - 100% Active YA61217 Quartz KUKU 19 Tagish Lake Gold Corp. - 100% Active YB66882 Quartz TM 17 Tagish Lake Gold Corp. - 100% Active YA61218 Quartz KUKU 20 Tagish Lake Gold Corp. - 100% Active YB66883 Quartz TM 18 Tagish Lake Gold Corp. - 100% Active YA61219 Quartz KUKU 21 Tagish Lake Gold Corp. - 100% Active YB66884 Quartz TM 19 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Name Claim Number Grant Number Reg Type Claim Name YB97767 Quartz KUKU YA61221 Quartz YA61222 YA61223 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 22 Tagish Lake Gold Corp. - 100% Active YB66885 Quartz TM KUKU 23 Tagish Lake Gold Corp. - 100% Active YB66886 Quartz Quartz KUKU 24 Tagish Lake Gold Corp. - 100% Active YB66887 Quartz KUKU 25 Tagish Lake Gold Corp. - 100% Active YB66888 YA61224 Quartz KUKU 26 Tagish Lake Gold Corp. - 100% Active YA61225 Quartz KUKU 27 Tagish Lake Gold Corp. - 100% YA61226 Quartz KUKU 28 YA61227 Quartz KUKU 29 YA61228 Quartz KUKU YA61229 Quartz YA61230 Quartz YA61231 Claim Owner Status 20 Tagish Lake Gold Corp. - 100% Active TM 22 Tagish Lake Gold Corp. - 100% Active Quartz TM 23 Tagish Lake Gold Corp. - 100% Active Quartz TM 24 Tagish Lake Gold Corp. - 100% Active YB66889 Quartz TM 25 Tagish Lake Gold Corp. - 100% Active Active YB66890 Quartz TM 26 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66891 Quartz TM 27 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66892 Quartz TM 28 Tagish Lake Gold Corp. - 100% Active 30 Tagish Lake Gold Corp. - 100% Active YB66893 Quartz TM 29 Tagish Lake Gold Corp. - 100% Active KUKU 31 Tagish Lake Gold Corp. - 100% Active YB66894 Quartz TM 30 Tagish Lake Gold Corp. - 100% Active KUKU 32 Tagish Lake Gold Corp. - 100% Active YB66895 Quartz TM 31 Tagish Lake Gold Corp. - 100% Active Quartz KUKU 33 Tagish Lake Gold Corp. - 100% Active YB66896 Quartz TM 32 Tagish Lake Gold Corp. - 100% Active YA61232 Quartz KUKU 34 Tagish Lake Gold Corp. - 100% Active YB66899 Quartz TM 35 Tagish Lake Gold Corp. - 100% Active YA61233 Quartz KUKU 35 Tagish Lake Gold Corp. - 100% Active YB66900 Quartz TM 36 Tagish Lake Gold Corp. - 100% Active YA61234 Quartz KUKU 36 Tagish Lake Gold Corp. - 100% Active YB66901 Quartz TM 37 Tagish Lake Gold Corp. - 100% Active YA61235 Quartz KUKU 37 Tagish Lake Gold Corp. - 100% Active YB66902 Quartz TM 38 Tagish Lake Gold Corp. - 100% Active YA61236 Quartz KUKU 38 Tagish Lake Gold Corp. - 100% Active YB66903 Quartz TM 39 Tagish Lake Gold Corp. - 100% Active YA61237 Quartz KUKU 39 Tagish Lake Gold Corp. - 100% Active YB66904 Quartz TM 40 Tagish Lake Gold Corp. - 100% Active YA61238 Quartz KUKU 40 Tagish Lake Gold Corp. - 100% Active YB66905 Quartz TM 41 Tagish Lake Gold Corp. - 100% Active YA61239 Quartz KUKU 41 Tagish Lake Gold Corp. - 100% Active YB66906 Quartz TM 42 Tagish Lake Gold Corp. - 100% Active YA61241 Quartz KUKU 43 Tagish Lake Gold Corp. - 100% Active YB66907 Quartz TM 43 Tagish Lake Gold Corp. - 100% Active YA61243 Quartz KUKU 45 Tagish Lake Gold Corp. - 100% Active YB66908 Quartz TM 44 Tagish Lake Gold Corp. - 100% Active YA61244 Quartz KUKU 46 Tagish Lake Gold Corp. - 100% Active YB66909 Quartz TM 45 Tagish Lake Gold Corp. - 100% Active YA61245 Quartz KUKU 47 Tagish Lake Gold Corp. - 100% Active YB66910 Quartz TM 46 Tagish Lake Gold Corp. - 100% Active YA61246 Quartz KUKU 48 Tagish Lake Gold Corp. - 100% Active YB66911 Quartz TM 47 Tagish Lake Gold Corp. - 100% Active YA61624 Quartz KUKU 50 Tagish Lake Gold Corp. - 100% Active YB66912 Quartz TM 48 Tagish Lake Gold Corp. - 100% Active YA61639 Quartz KUKU 65 Tagish Lake Gold Corp. - 100% Active YB66913 Quartz TM 49 Tagish Lake Gold Corp. - 100% Active YA61640 Quartz KUKU 66 Tagish Lake Gold Corp. - 100% Active YB66914 Quartz TM 50 Tagish Lake Gold Corp. - 100% Active YA61671 Quartz KUKU 97 Tagish Lake Gold Corp. - 100% Active YB66915 Quartz TM 51 Tagish Lake Gold Corp. - 100% Active YA61672 Quartz KUKU 98 Tagish Lake Gold Corp. - 100% Active YB66916 Quartz TM 52 Tagish Lake Gold Corp. - 100% Active YA61673 Quartz KUKU 99 Tagish Lake Gold Corp. - 100% Active YB66917 Quartz TM 53 Tagish Lake Gold Corp. - 100% Active YA61674 Quartz KUKU 100 Tagish Lake Gold Corp. - 100% Active YB66918 Quartz TM 54 Tagish Lake Gold Corp. - 100% Active YA61768 Quartz KUKU 194 Tagish Lake Gold Corp. - 100% Active YB66919 Quartz TM 55 Tagish Lake Gold Corp. - 100% Active YA61770 Quartz KUKU 196 Tagish Lake Gold Corp. - 100% Active YB66920 Quartz TM 56 Tagish Lake Gold Corp. - 100% Active YA61771 Quartz KUKU 197 Tagish Lake Gold Corp. - 100% Active YB66921 Quartz TM 57 Tagish Lake Gold Corp. - 100% Active YA61772 Quartz KUKU 198 Tagish Lake Gold Corp. - 100% Active YB66922 Quartz TM 58 Tagish Lake Gold Corp. - 100% Active YA61773 Quartz KUKU 199 Tagish Lake Gold Corp. - 100% Active YB66923 Quartz TM 59 Tagish Lake Gold Corp. - 100% Active YA61824 Quartz KUKU 250 Tagish Lake Gold Corp. - 100% Active YB66924 Quartz TM 60 Tagish Lake Gold Corp. - 100% Active YA61825 Quartz KUKU 251 Tagish Lake Gold Corp. - 100% Active YB66925 Quartz TM 61 Tagish Lake Gold Corp. - 100% Active YA61856 Quartz KUKU 282 Tagish Lake Gold Corp. - 100% Active YB66926 Quartz TM 62 Tagish Lake Gold Corp. - 100% Active YA61857 Quartz KUKU 283 Tagish Lake Gold Corp. - 100% Active YB66927 Quartz TM 63 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Number Grant Number Reg Type Claim Name YB67028 Quartz LB YB67029 Quartz YB67030 YB67031 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 1 Tagish Lake Gold Corp. - 100% Active YB66928 Quartz TM LB 2 Tagish Lake Gold Corp. - 100% Active YB66929 Quartz Quartz LB 3 Tagish Lake Gold Corp. - 100% Active YB66930 Quartz LB 4 Tagish Lake Gold Corp. - 100% Active YB66931 YB67032 Quartz LB 5 Tagish Lake Gold Corp. - 100% Active YB67033 Quartz LB 6 Tagish Lake Gold Corp. - 100% YB67034 Quartz LB 7 YB67035 Quartz LB 8 YB67036 Quartz LB YB67037 Quartz YB67038 Quartz YB67039 Claim Owner Status 64 Tagish Lake Gold Corp. - 100% Active TM 65 Tagish Lake Gold Corp. - 100% Active Quartz TM 66 Tagish Lake Gold Corp. - 100% Active Quartz TM 67 Tagish Lake Gold Corp. - 100% Active YB66932 Quartz TM 68 Tagish Lake Gold Corp. - 100% Active Active YB66933 Quartz TM 69 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66934 Quartz TM 70 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66935 Quartz TM 71 Tagish Lake Gold Corp. - 100% Active 9 Tagish Lake Gold Corp. - 100% Active YB66936 Quartz TM 72 Tagish Lake Gold Corp. - 100% Active LB 10 Tagish Lake Gold Corp. - 100% Active YB66937 Quartz TM 73 Tagish Lake Gold Corp. - 100% Active LB 11 Tagish Lake Gold Corp. - 100% Active YB66938 Quartz TM 74 Tagish Lake Gold Corp. - 100% Active Quartz LB 12 Tagish Lake Gold Corp. - 100% Active YB66939 Quartz TM 75 Tagish Lake Gold Corp. - 100% Active YB67040 Quartz LB 13 Tagish Lake Gold Corp. - 100% Active YB66940 Quartz TM 76 Tagish Lake Gold Corp. - 100% Active YB67041 Quartz LB 14 Tagish Lake Gold Corp. - 100% Active YB66941 Quartz TM 77 Tagish Lake Gold Corp. - 100% Active YB67042 Quartz LB 15 Tagish Lake Gold Corp. - 100% Active YB66942 Quartz TM 78 Tagish Lake Gold Corp. - 100% Active YB67043 Quartz LB 16 Tagish Lake Gold Corp. - 100% Active YB66943 Quartz TM 79 Tagish Lake Gold Corp. - 100% Active YB67044 Quartz LB 17 Tagish Lake Gold Corp. - 100% Active YB66944 Quartz TM 80 Tagish Lake Gold Corp. - 100% Active YB67045 Quartz LB 18 Tagish Lake Gold Corp. - 100% Active YB66945 Quartz TM 81 Tagish Lake Gold Corp. - 100% Active YB67046 Quartz LB 19 Tagish Lake Gold Corp. - 100% Active YB66946 Quartz TM 82 Tagish Lake Gold Corp. - 100% Active YB67047 Quartz LB 20 Tagish Lake Gold Corp. - 100% Active YB66947 Quartz TM 83 Tagish Lake Gold Corp. - 100% Active YB67048 Quartz LB 21 Tagish Lake Gold Corp. - 100% Active YB66948 Quartz TM 84 Tagish Lake Gold Corp. - 100% Active YB67049 Quartz LB 22 Tagish Lake Gold Corp. - 100% Active YB66949 Quartz TM 85 Tagish Lake Gold Corp. - 100% Active YB67050 Quartz LB 23 Tagish Lake Gold Corp. - 100% Active YB66950 Quartz TM 86 Tagish Lake Gold Corp. - 100% Active YB67051 Quartz LB 24 Tagish Lake Gold Corp. - 100% Active YB66951 Quartz TM 87 Tagish Lake Gold Corp. - 100% Active YB67052 Quartz LB 25 Tagish Lake Gold Corp. - 100% Active YB66952 Quartz TM 88 Tagish Lake Gold Corp. - 100% Active YB67053 Quartz LB 26 Tagish Lake Gold Corp. - 100% Active YB66953 Quartz TM 89 Tagish Lake Gold Corp. - 100% Active YB67054 Quartz LB 27 Tagish Lake Gold Corp. - 100% Active YB66954 Quartz TM 90 Tagish Lake Gold Corp. - 100% Active YA94610 Quartz MB 1 Tagish Lake Gold Corp. - 100% Active YB66955 Quartz TM 91 Tagish Lake Gold Corp. - 100% Active YA94611 Quartz MB 2 Tagish Lake Gold Corp. - 100% Active YB66956 Quartz TM 92 Tagish Lake Gold Corp. - 100% Active YA94612 Quartz MB 3 Tagish Lake Gold Corp. - 100% Active YB66957 Quartz TM 93 Tagish Lake Gold Corp. - 100% Active YB67166 Quartz MIL 1 Tagish Lake Gold Corp. - 100% Active YB66958 Quartz TM 94 Tagish Lake Gold Corp. - 100% Active YB67167 Quartz MIL 2 Tagish Lake Gold Corp. - 100% Active YB66959 Quartz TM 95 Tagish Lake Gold Corp. - 100% Active YB67168 Quartz MIL 3 Tagish Lake Gold Corp. - 100% Active YB66960 Quartz TM 96 Tagish Lake Gold Corp. - 100% Active YB67169 Quartz MIL 4 Tagish Lake Gold Corp. - 100% Active YB66961 Quartz TM 97 Tagish Lake Gold Corp. - 100% Active YB67170 Quartz MIL 5 Tagish Lake Gold Corp. - 100% Active YB66962 Quartz TM 98 Tagish Lake Gold Corp. - 100% Active YB67171 Quartz MIL 6 Tagish Lake Gold Corp. - 100% Active YB66963 Quartz TM 99 Tagish Lake Gold Corp. - 100% Active YB67172 Quartz MIL 7 Tagish Lake Gold Corp. - 100% Active YB66964 Quartz TM 100 Tagish Lake Gold Corp. - 100% Active YB67173 Quartz MIL 8 Tagish Lake Gold Corp. - 100% Active YB66965 Quartz TM 101 Tagish Lake Gold Corp. - 100% Active YB67174 Quartz MIL 9 Tagish Lake Gold Corp. - 100% Active YB66966 Quartz TM 102 Tagish Lake Gold Corp. - 100% Active YB67175 Quartz MIL 10 Tagish Lake Gold Corp. - 100% Active YB66967 Quartz TM 103 Tagish Lake Gold Corp. - 100% Active YB67176 Quartz MIL 11 Tagish Lake Gold Corp. - 100% Active YB66968 Quartz TM 104 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Number Grant Number Reg Type Claim Name YB67177 Quartz MIL YB67178 Quartz YB67179 YB67180 Claim Number Claim Owner Status Grant Number Reg Type Claim Name 12 Tagish Lake Gold Corp. - 100% Active YB66969 Quartz TM MIL 13 Tagish Lake Gold Corp. - 100% Active YB66970 Quartz Quartz MIL 14 Tagish Lake Gold Corp. - 100% Active YB66971 Quartz MIL 15 Tagish Lake Gold Corp. - 100% Active YB66972 YB67181 Quartz MIL 16 Tagish Lake Gold Corp. - 100% Active YB67182 Quartz MIL 17 Tagish Lake Gold Corp. - 100% YB67183 Quartz MIL 18 YB67184 Quartz MIL 19 YB67185 Quartz MIL YB67186 Quartz YB67187 Quartz YB67188 Claim Owner Status 105 Tagish Lake Gold Corp. - 100% Active TM 106 Tagish Lake Gold Corp. - 100% Active Quartz TM 107 Tagish Lake Gold Corp. - 100% Active Quartz TM 108 Tagish Lake Gold Corp. - 100% Active YB66973 Quartz TM 109 Tagish Lake Gold Corp. - 100% Active Active YB66974 Quartz TM 110 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66975 Quartz TM 111 Tagish Lake Gold Corp. - 100% Active Tagish Lake Gold Corp. - 100% Active YB66976 Quartz TM 112 Tagish Lake Gold Corp. - 100% Active 20 Tagish Lake Gold Corp. - 100% Active YB66977 Quartz TM 113 Tagish Lake Gold Corp. - 100% Active MIL 21 Tagish Lake Gold Corp. - 100% Active YB66978 Quartz TM 114 Tagish Lake Gold Corp. - 100% Active MIL 22 Tagish Lake Gold Corp. - 100% Active YB66979 Quartz TM 115 Tagish Lake Gold Corp. - 100% Active Quartz MIL 23 Tagish Lake Gold Corp. - 100% Active YB66980 Quartz TM 116 Tagish Lake Gold Corp. - 100% Active YB67189 Quartz MIL 24 Tagish Lake Gold Corp. - 100% Active YB66981 Quartz TM 117 Tagish Lake Gold Corp. - 100% Active YB67190 Quartz MIL 25 Tagish Lake Gold Corp. - 100% Active YC07981 Quartz TM 118 Tagish Lake Gold Corp. - 100% Active YB67191 Quartz MIL 26 Tagish Lake Gold Corp. - 100% Active YC07982 Quartz TM 119 Tagish Lake Gold Corp. - 100% Active YB67192 Quartz MIL 27 Tagish Lake Gold Corp. - 100% Active YC07983 Quartz TM 120 Tagish Lake Gold Corp. - 100% Active YB67193 Quartz MIL 28 Tagish Lake Gold Corp. - 100% Active YC07984 Quartz TM 121 Tagish Lake Gold Corp. - 100% Active YB67194 Quartz MIL 29 Tagish Lake Gold Corp. - 100% Active YC07985 Quartz TM 122 Tagish Lake Gold Corp. - 100% Active YB67195 Quartz MIL 30 Tagish Lake Gold Corp. - 100% Active YC07986 Quartz TM 123 Tagish Lake Gold Corp. - 100% Active YB67196 Quartz MIL 31 Tagish Lake Gold Corp. - 100% Active YC07989 Quartz TM 126 Tagish Lake Gold Corp. - 100% Active YB67197 Quartz MIL 32 Tagish Lake Gold Corp. - 100% Active YC07990 Quartz TM 127 Tagish Lake Gold Corp. - 100% Active YB67198 Quartz MIL 33 Tagish Lake Gold Corp. - 100% Active YC07991 Quartz TM 128 Tagish Lake Gold Corp. - 100% Active YB67199 Quartz MIL 34 Tagish Lake Gold Corp. - 100% Active YC07992 Quartz TM 129 Tagish Lake Gold Corp. - 100% Active YB67200 Quartz MIL 35 Tagish Lake Gold Corp. - 100% Active YC07993 Quartz TM 130 Tagish Lake Gold Corp. - 100% Active YB67201 Quartz MIL 36 Tagish Lake Gold Corp. - 100% Active YC07994 Quartz TM 131 Tagish Lake Gold Corp. - 100% Active YB67202 Quartz MIL 37 Tagish Lake Gold Corp. - 100% Active YC07995 Quartz TM 132 Tagish Lake Gold Corp. - 100% Active YB67203 Quartz MIL 38 Tagish Lake Gold Corp. - 100% Active YC07996 Quartz TM 133 Tagish Lake Gold Corp. - 100% Active YB67204 Quartz MIL 39 Tagish Lake Gold Corp. - 100% Active YA82961 Quartz TREE 1 Tagish Lake Gold Corp. - 100% Active YB67205 Quartz MIL 40 Tagish Lake Gold Corp. - 100% Active YA82962 Quartz TREE 2 Tagish Lake Gold Corp. - 100% Active YB67206 Quartz MIL 41 Tagish Lake Gold Corp. - 100% Active YA82963 Quartz TREE 3 Tagish Lake Gold Corp. - 100% Active YB67207 Quartz MIL 42 Tagish Lake Gold Corp. - 100% Active YA82964 Quartz TREE 4 Tagish Lake Gold Corp. - 100% Active YB67208 Quartz MIL 43 Tagish Lake Gold Corp. - 100% Active YA82965 Quartz TREE 5 Tagish Lake Gold Corp. - 100% Active YB67209 Quartz MIL 44 Tagish Lake Gold Corp. - 100% Active Y 75547 Quartz WH 1 Tagish Lake Gold Corp. - 100% Active YB67210 Quartz MIL 45 Tagish Lake Gold Corp. - 100% Active Y 75548 Quartz WH 2 Tagish Lake Gold Corp. - 100% Active YB67211 Quartz MIL 46 Tagish Lake Gold Corp. - 100% Active Y 75549 Quartz WH 3 Tagish Lake Gold Corp. - 100% Active YB67212 Quartz MIL 47 Tagish Lake Gold Corp. - 100% Active Y 75550 Quartz WH 4 Tagish Lake Gold Corp. - 100% Active YB67213 Quartz MIL 48 Tagish Lake Gold Corp. - 100% Active Y 75551 Quartz WH 5 Tagish Lake Gold Corp. - 100% Active YB67214 Quartz MIL 49 Tagish Lake Gold Corp. - 100% Active Y 75552 Quartz WH 6 Tagish Lake Gold Corp. - 100% Active YB67215 Quartz MIL 50 Tagish Lake Gold Corp. - 100% Active Y 75553 Quartz WH 7 Tagish Lake Gold Corp. - 100% Active YB67216 Quartz MIL 51 Tagish Lake Gold Corp. - 100% Active Y 75554 Quartz WH 8 Tagish Lake Gold Corp. - 100% Active AMC : 711039 - Appendix A : Mineral Tenure Claim Number