RED SPRINGS PROJECT

Located in Northwest British Columbia (Figure 1), the Red Springs Project involves a system of three or more copper/gold porphyries. This system has two distinct mineralized zones: an extensive thrust fault-hosted high-grade gold-bearing tourmaline breccia mineralized zone with cobalt, copper, antimony and bismuth credits; and a second zone with high-grade antimony-silver mineralization. The tourmaline breccia gold-cobalt mineralization represents the first of its type discovered in British Columbia.