In October 2007, a definition drilling program was performed by Puma Exploration on the Hachey

Zone. Fourteen (14) diamond drill holes totalling 911 metres were drilled to confirm geological and

grade continuities. The best result was 1.6% Zn, 0.5% Pb, 82 g/t Ag and 0.54 g/t Au over 50.2 metres

(Puma Exploration press release of January 29, 2008).

In November 2007, Puma Exploration published the conclusions of the Hachey Zone metallurgical

testing by SGS Lakefield Research Laboratory in Ontario (Puma Exploration press release of

November 15, 2007). The metallurgical testing produced two distinct concentrates for zinc and lead.

The recovery was 84.1% for the zinc concentrate, 88.6% for the lead concentrate, and 74.8% silver

and 67.6% gold for lead concentrate (Lascelles and Unger, 2007b).

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