SAMEX PROPERTY

The Samex Property

The Samex Property is located to the Southwest and contiguous with Amex Exploration Inc.'s (TSX-V: AMX) Perron project, which has made several significant high-grade gold discoveries as shown in Figure 1. Further to the East is the past-producing Normetal mine, currently held by Starr Peak Exploration (TSX-V: STE), which was mined from the 1930's through to 1975 from surface to a depth of 2.4 km. Mineralization hosted on adjacent and nearby properties is not necessarily indicative of mineralization hosted on the Company's properties. The Property is underlain by a mafic-intermediate metavolcanics belt of the Stoughton-Roquemaure Group and the Hunter Mine Group, bordered to the North by a greywacke Unit of the Chicobi Group and to the South by the Abitibi Lake syn-tectonic pluton. The Property is crossed east-west by the Abitibi Thrust Fault, which dips at 70 degrees to the South. The overall lithological package strikes east-west and deeps steeply to the South and is contiguous to the Amex Exploration property to the North East. Historical exploration efforts across the Property have resulted in the discovery of 10 mineral showings (Mineral Deposit Inventory Record - Ontario Government) across the project. Historical exploration works include diamond drilling, overburden drilling, airborne magnetics, ground geophysics including magnetics and electromagnetics, geochemistry, geological mapping, and prospecting. Companies that conducted the work include but are not limited to Kennco, Canadian Superior Ltd., Asarco, Cominco, Eastern Mines Inc., Seal River Exploration, and East West Resources Corp. Showings range from anomalous copper and zinc associated with disseminated to massive sulfide layers (pyrrhotite/pyrite), gold in till from overburden drill sampling with a high amount of delicate gold grains, as well as trace to anomalous gold and copper in diamond drilling.