The Strike Point Project contains 24 claims that cover an area of 3132 ha. The Contact Project has two claims and covers an area of 532

ha. Access is excellent with many roads and trails throughout the property.

Mineral occurrences Contact Lake

At the Iron Horse occurrence, white quartz vein up to 120m long and 30 cm wide cutting foliated granite of the Ross River Pluton. A grab

sample reported up to 3.2 g/t Au.

At the Thorensen occurrence within granodiorite, a shear zone 35m long by 6m wide contains several quartz veins with pyrite from which

three grab samples reported 7.2-23.4 g/t Au. Three holes were drilled and encountered several of the quartz veins. Similar occurrences

are present at Eva, Splay and Apex off the property to the south, where shafts were sunk and values of up to 47 g/t Au were reported.

Mineral occurrences Strike Point

To date the total gold production in the Rice Lake district has been estimated at 1.7 million ounces.Off the property, at the Rice Lake Gold

and the SG-1 mines, San Gold Resources mines gold from the San Antonio Mine (SAM) unit, a gabbroic body 15-190m thick that has

intruded volcanic rocks of the western Rice Lake greenstone belt. To the southeast of the Strike Point property, San Gold Resources is

exploring high grade gold mineralization in the volcanic rocks in the Hinge Zone along structures that strike about 050°.

Several shafts are present and small deposits have been mined in the area east of Bissett.

Sphalerite and chalcopyrite in mafic to intermediate volcanic and derived sedimentary rocks at Sink

Luana: Shear zones strike 270° for up to 300m and contain carbonate-rich quartz veins 0.5-2.0m wide containing minor gold with pyrite.

Vanson: quartz in pods and lenses in clastic sedimentary rocks. A four-level shaft was sunk and some gold was produced.

North Horseshoe Lake: chloritized felsic rock composed of sandstone or felsic volcanic rock contains an anastomosing quartz vein 20-50

cm wide with low values for gold. The vein was drilled but the reports and drill logs are not available.

The 2009 exploration program will consist of surface prospecting utilizing the results of airborne magnetic data, reconnaissance prospecting

during 2008 together with the data obtained from the recently flown LiDar survey.