The Beresford Lake project includes ten claims and covers

2493 ha (5995 acres)

Access is provided by road and by many trails on either

side of Beresford Lake.

The property is underlain by folded, sheared and fractured

felsic and ultramafic volcanic rocks, gabbro and derived

sedimentary rocks at the contact between the Uchi and

North Caribou Subprovinces

Located about 120 metres west of the Beresford Project,

the Gunnar Mine hosts gold mineralization in shear zones

that strike 075-110° and dip steeply in quartz-carbonatechlorite

schist. The gold is found mostly in blue-grey mottled

quartz veins that contain minor sulphides, iron carbonate

and tourmaline.

From 259,681 tonnes of production that yielded 3103 kg

of gold, the average grade at the Gunnar Mine was 11.9

g/t Au and 1.3 g/t Ag.

About 3km further north but still 500m west of the Beresford

claims, the Oro Grande-Solo Mine produced 165 kg

of gold and 16.3 kg of silver from 9700 tonnes of ore from

a shaft for an average grade of 17.0 g/t Au. The ore was

produced from a quartz-filled shear zone striking 330° 65°

E in gabbro. The quartz vein is 2-6m wide and has a

strike length of 120m.

Similarly, 900m further north at the Mandalay several lowsulphide

quartz-filled shear zone occur in a zone 12m

wide and 850m long in gabbroic rocks. The grade reported

is 10.2 g/t Au over 6m.

The rocks that host the mineralization at Mandalay and

Oro Grande strike directly onto the Beresford Property

The Beresford Lake Shear Zone and the East Garner

Shear Zone have been mapped striking north through the

property

Additional quartz veins up to 150m long and 1-2m wide

often with a strike of 300-335° with variable quantities of

gold up to 1 g/t Au are present in volcanic and gabbroic

rocks at the Bermuda and Midway occurrences.

The 2009 exploration program will consist of additional

surface prospecting utilizing the results of reconnaissance

prospecting during 2008 together with the data obtained