I was doing a little digging into the North Rim property, as I was curious to why SLI let it lapse.

It looks like in August, 2012 when we were sitting with, I think, approximately $2,000,000.00 in the treasury, an assessment was done on the property. The final cost of this was $38,095.87. So, for some reason, with the treasury dwindling away, there seemed to be a need to spend this exuberant amount on assessing the North Rim? Take a look at the helicopter expenses, etc. Seems a bit much to me,but then what do I know??Anway, I thought I’d post some info on it, looks like some familiar names associated with the project. It will be interesting to find out who picked up the claims.

Exploration Work type Comment Days Totals

Personnel (Name)* / Position Field Days (list actual days) Days Rate Subtotal*

James Thom / Project Geologist Aug 11 to Aug 25 10 $550.00 $5,500.00

Gerrard Gallisant / Propsector Aug 11 to Aug 25 10 $300.00 $3,000.00

$0.00 $0.00

$0.00 $0.00

$0.00 $0.00

$0.00 $0.00

$8,500.00 $8,500.00

Office Studies List Personnel (note - Office onl Ho urs

Literature search $0.00 $0.00

Database compilation

Dorian Leslie (Dataprep,

georefernce, access maps) 4.0 $80.00 $320.00

Computer modelling $0.00 $0.00

Reprocessing of data $0.00 $0.00

General research $0.00 $0.00

Report preparation

James Thom & Dorian Leslie

(Report & Figures) 25.0 $100.00 $2,500.00

Other (specify)

$2,820.00 $2,820.00

Ground geophysics Line Kilometres / Enter total amount invoiced list personnel

Radiometrics

Magnetics Mag Rental and Operator (Matt Kootchin) $8,635.00

Gravity

Digital terrain modelling

Electromagnetics note: expenditures for your crew in the field

SP/AP/EP should be captured above in Personnel

IP field expenditures above

AMT/CSAMT

Resistivity

Complex resistivity

Seismic reflection

Seismic refraction

Well logging Define by total length

Geophysical interpretation

Petrophysics

Other (specify)

$8,635.00 $8,635.00

Geochemical Surveying Number of Samples No. Rate Subtotal

Drill (cuttings, core, etc.) $0.00 $0.00

Stream sediment $0.00 $0.00

Soil XRF analysis 350.0 $5.00 $1,750.00

Rock $0.00 $0.00

Water $0.00 $0.00

Biogeochemistry $0.00 $0.00

Whole rock $0.00 $0.00

Petrology $0.00 $0.00

Other (specify) $0.00 $0.00

$1,750.00 $1,750.00

Transportation No. Rate Subtotal

Barge Barge Crossing 2 trips 2.0 $250.00 $500.00

Airfare $0.00 $0.00

Taxi $0.00 $0.00

truck rental 10.00 $110.00 $1,100.00

kilometers $0.00 $0.00

ATV $0.00 $0.00

fuel $618.58

Helicopter (hours) 6 $998.00 $5,489.00

Helicopter Fuel (litres) 500.00 $1.95 $975.00

Other

$8,682.58 $8,682.58

Accommodation & Food Rates per day

Hotel 2 nights, 2 rooms @ 100 $0.00 $400.00

Camp Callinex Camp ( 3 men for 8 nights) 8.00 $707.25 $5,658.00

Meals Actual Cost $339.74

$6,397.74 $6,397.74

Miscellaneous

Telephone $0.00 $0.00

Survey Consumables

Sample Bags, Batteries, Bear

Spray, First Aid, Helicoper

Emergency Kit, Printed Maps $680.55

$680.55 $680.55

Equipment Rentals Weeks

Field Gear (Specify) Tents, Radios, GPS, Computers 1.00 $500.00 $500.00

Sat Phone Rental Rental + Minutes 1.00 $130.00 $130.00

$630.00 $630.00

Freight, rock samples

$0.00 $0.00

$0.00 $0.00

$0.00 $0.00

TOTAL Expenditures $38,095.87

http://aris.empr.gov.bc.ca/ArisReports/33485.PDF