100% Owned Beauce Property, Quebec

In January 2007 the Company flew some 750 line km of magnetic, gradient magnetic and VLF surveys

over parts of the property. Results from the Gilbert River sector revealed a series of discordant structures

at the head of the basin, in relatively unexplored ground, which could be potential nugget source areas.

Compilations of the historic soil geochemical data (non 43-101 compliant) by the Company show multi-

element gold/arsenic/antimony anomalies in the vicinity of these discordant features. A similar series of

anomalies west of the Chaudiere River also show association with discordant structural features as seen

on the airborne magnetics. These latter exploration targets however, may be of a different character, i.e.

not necessarily related to high grade quartz veins. A drill hole put down in 1998 by the vendors (ddh M

98-11) and located in this area returned an arithmetic average calculated by the Company of 366 ppb Au

over 62.5 m in the hole which ended in mineralization at 108.5 metres (hole continuously sampled at half

metre intervals, assay by Chemitec Ltee, fire assay, AA finish). The rocks intersected consisted of

siliceous siltstones, tuffs, and minor argillite, carrying 1-2% disseminated pyrite with minor arsenopyrite

and occasional quartz veinlets with traces of pyrite. These results point to the possibilities of potentially

very large, low grade deposits in this environment. The Company has a drill program underway and the results are expected in 2010.