Contact Lake

Iron Horse
At the Iron Horse occurrence, white quartz veins up to 120m long and 30cm wide cutting foliated granite of the Ross River Pluton occurs. A grab sample reported up to 3.2 g/t Au.

Thorensen
At the Thorensen occurrence with 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 property to the south where shafts were sunk and values of up to 47g/t were reported.

2010 Program

Strike Point
In Q1 2010, a technical committee was formed to provide the exploration strategy for the Strike Point Project option agreement. The committee consists of Bill Ferreira, Chief Project Geologist and Dale Ginn, CEO of San Gold plus Dan Beauchamp, QP for StrikePoint and Kris Raffle of APEX Geosciences Ltd., both representing StrikePoint Gold Inc.

There will be a ground magnetometer survey performed in the winter program and a drill program will be planned using this data, previous prospecting and mapping plus the LiDAR survey flown in 2009. The technical committee with provide a drill program to be executed in the Summer of 2010.

Contact Lake
The Contact Lake project will utilize previous prospecting and mapping data plus the LiDAR survey date to focus prospecting and mapping in 2010.