A July 1986 study of mineralogy and metallurgy on Ontex’s Brookbank gold deposit was completed at the request of Hudson Bay Mining and Smelting Company Limited,(Minorca) who were considering taking the property to production. The mineralogical studies indicated that the precious metal mineralization consisted of gold-silver particles with an approximate GOLD to SILVER RATIO of 80:20

Excerpt from NEWS RELEASE July 9, 2009

---. ALL 10 HOLES COMPLETED INTERSECTED GOLD MINERALIZATION -----.

Holes B-09-05, B-09-05WD and B-09-07 targeted the Brookbank structure about 950 meters below the surface horizon. The holes sequentially targeted the Brookbank Zone from west to east and returned values of 1.32, 5.18 and 17.5 grams per tonne gold over narrow widths respectively. Values and widths increased trending eastward. Ontex has discovered silver veining in the deepest holes drilled to date. At about 650 meters down holes B-09-05 and B-09-05WD silver values were intersected of 10 grams over 1.5 meters and 23.2 grams over 1.1 meters respectively. ----.