CHICO CLAIMS

NO ACTIVITY PLANNED

In 2018, the Company received the finalized data from a ground-based induced polarization geophysical survey that was conducted in June 2017. The Company planned to carry out diamond drilling on the Chico property in late February 2018. Permitting and detailed planning for the program were confirmed. Chico drilling activity was expected to be conducted concurrently with a 10,000-metre winter drill program to be carried out by SSR Mining Inc. on Eagle Plain's Fisher property, located six km north of Chico. The Company's planned and permitted Chico drill program in Saskatchewan was subsequently suspended as a result of a request by the citizens of the community of Pelican Narrows and members of the Peter Ballantyne Cree Nation (PBCN). Eagle Plains Resources Ltd., as optionor and project operator, informed the Company of this request after a March 21, 2018, community meeting was convened in Pelican Narrows, attended by local stakeholders and Eagle Plains management. Following the meeting a decision was made by the Company and Eagle Plains to suspend the program indefinitely. The Company may revisit plans to explore the property in the future. Government permits to undertake the proposed drilling program were issued on Feb. 28, 2018, by the Saskatchewan Ministry of Energy. Due to the uncertainty, the Company has written down the project to $Nil in fiscal 2018 and 2019