52B09NE2009 2.26332 CONACHER 010

RECEIVED SEP 1 9 2003

GEOSCIENCE ASSESSMENT _____OFFICE______ASSESSMENT REPORT

ON THE

SHEBANDOWAN PROPERTY

CONACHER TOWNSHIP

THUNDER BAY MINING DIVISION

FOR

BAND-ORE RESOURCES LTD.

G. Cavey, P.Geo.

Sept 3, 2003

OREQUEST l TABLE OF CONTENTS

Table of Contents ...... i Introduction...... ! Property Description, Location, Access and Physiography ...... l History and Previous Work ...... 3 Geology...... ^ Regional Geology...... 5 Property Geology ...... 5 Mineralization...... ^ 2003 Exploration ...... ,8 Soil Geochemistry...... 8 Rock Sampling...... 9 Conclusions and Recommendations ...... 12 Qualifications - George Cavey, P.Geo...... 14 References...... 15

LIST OF FIGURES

Figure l Location Map Following Page l Figure 2 Claim Map Following Page l Figure 3 Regional Geology Following Page 5 Figure 4 Property Geology Following Page 5 Figure 5 Soil Geochemistry -Au Grid #1 Following Page 8 Figure 6 Soil Geochemistry -Au Grid #4 Following Page 8 Figure 7 Soil Geochemistry -Cu Grid #1 Following Page 9 Figure 8 Soil Geochemistry -Cu Grid #4 Following Page 9

LIST OF TABLES

Table I Claim Status 2 Table II 2003 Sample Summary 10 Table in 1984 Noranda Main Zone Trench Assays 11 Table IV Metallic Screen Analysis vs. Fire Assay 12

LIST OF APPENDICES

Appendix I 1999 Band-Ore Sample Results 18 Appendix n iPL Analytical Results 20 Appendix in iPL Procedures 25 INTRODUCTION This report presents a summary of recent geochemical work completed on of the Property owned by Band-Ore Resources Ltd. It is prepared by Orequest Consultants Ltd. The information herein is derived from a review of the documents listed in the References and from information provided by Band-Ore. The field was competed between July 26-29, 2003.

The property is located west of Thunder Bay, Ontario (Figure 1), in the Matawin Gold Belt, a 75 km long, six kilometre wide geological structure that contains more than 75 gold occurrences. Gold mineralization shows a close spatial association between the Timiskaming type porphyry intrusives in contact with Archean greenstones.

The author of this report is familiar with the subject matter covering the preceding and intervening years and the current publicly available body of data. OreQuest Consultants has worked on a number of gold exploration properties in the Shebandowan area from 1983-1990. The author has written two technical reports in whole or in part for Band-Ore on the subject property hi 1993 and 1996.

All reference to currency in this report is in Canadian dollars unless otherwise noted. All historic gold assays from the Band-Ore property exploration programs from 1937-1990 were reported in ounces per ton (oz/ton) which have commonly been converted to grams per tonne (g/t) in this report. Technical reports from 1984-1990 contain analyses in both formats although all fire analyses were completed in grams per tonne (g/t).

At the time of the property visits, the Thunder Bay mineral records indicated that all the unpatented claims were in good standing although assessment work is required prior to Oct l, 2003 to keep them in good standing. The work to keep the claims in good standing was completed in Aug 2003 but has not yet been filed for assessment purposes. In addition, the land registry office has indicated that the patented claims and mineral lease where also in good standing.

PROPERTY DESCRIPTION, LOCATION, ACCESS AND PHYSIOGRAPHY The property consists of 16 patented claims, one mining lease and 11 unpatented mining claims, located in Conacher Township within the Thunder Bay Mining division (Figure 2).

A complete list of claim numbers and expiry dates is listed in Table I. N A

MONTREAL

Lake Ontario U.S.A.

OREQUEST O 100 200 300 400km BAND-ORE RESOURCES LTD. Figure 1

SHEBANDOWAN PROPERTY LOCATION MAP

Ontario NTS 52B/9

SEPTEMBER 2003 XY3 5390000

5 389 000 C OREQUEST Lower Shebandowan Lake BAND-ORE RESOURCES LTD. Figure 2 500 1000 1500 SHEBANDOWAN PROPERTY SCALE CLAIM MAP Ontario Shebandowan Lake Management Plan (RAO) NTS 52B/9

SEPTEMBER 2003 XY3 TABLE I; CLAIM STATUS

Claim Number Acres No of Claims Recording Date Expiry Dates Unpatented TB 11 87494 40 1 Ol-Oct-01 Ol-Oct-03 TB 614741-614749 360 9 09-Nov-Sl 09-Nov-03 TB964523 40 1 10-Feb-87 10-Feb-05 Total 440* 11 Patented TB533943 41.98 1 Leased TB 17221 38.79 1 Patent TB21966 35.94 1 Patent TB22147 48.05 1 Patent TB26533-535 111.88 3 Patent TB26547 52.71 1 Patent TB26539 37.61 1 Patent TB26953-954 82.03 2 Patent TB27924 30.61 1 Patent TB28019 54.67 1 Patent TB28089-092 221.67 4 Patent Total 755.94 17 * - All Ontario unpatented claims are theoretically 40 acres (16 ha) in size, but in reality rarely are exactly 40 acres in size. Exact acreage is not known until the claims are legally surveyed.

The unpatented claims (11 claims) are currently in good standing as per the list in Table I. The unpatented Band-Ore claims are currently in good standing although 10 of the claims require assessment work prior to Oct l, 2003 and Nov 3, 2003 to keep them in good standing beyond their current expiry dates. The work to keep the claims in good standing was completed in July 2003 and summarized in this report. Upon approval of the assessment work, the 10 claims will be in good standing until Oct l, 2004 and Nov 3, 2004.

There are no known environmental liabilities either on the patented or unpatented claims which are the subject of this report. The author is not aware of any unusual permit requirements for the claims during the early exploration phases other standard permitting for any issues related to road bed improvements or stream bed crossings. Such permits are generally easily obtained. There are no known native land title issues in this area.

Parts of some of the claims lie within the "Shebandowan Lake Management Plan (SLMP)" which has been set up to ©"balance the sustainable use of natural resources with the protection and enhancement of the natural ecosystems". The SLMP has been set up by the Ontario Ministry of Natural Resources and applies to public lands such as crown land held in unpatented mineral claims. Portions of some of the unpatented claims will be affected by a "Restricted Area Order (RAO) which includes Shebandowan Lake and the immediate shoreline area for 300m inland of the lake. Exploration and mining are not affected but the normal permits related to streambeds will be required, for any work within the RAO. Portions of the No. 4 Zone and any extensions either west or east of the zone may be within the RAO. The RAO does not apply to subsurface work. Figure 2 shows the extent of the RAO and indicates which portions of the claims lie within the RAO.

The Shebandowan property is located on the north shore of Shebandowan Lake, approximately two kilometres west of Shebandowan and 80 kilometres west of Thunder Bay, Ontario (Figure 1). Approximately 10 kilometers to the southwest of the property is Inco©s recently shut down, Shebandowan Ni-Cu Mine.

The Trans Canada Highway (Highway 11) crosses the northern half of the property. Several bush roads branch off the highway providing access to both the cottage lots along the north shore of Shebandowan Lake and to most of the property. The property is also traversed by the C.N.R. railway and two transmission power lines. All essential services such as food and lodging are available in from the mining city of Thunder Bay including all heavy-duty equipment. Regular, daily scheduled airline companies including Air Canada, West Jet and Bearskin Airways service Thunder Bay.

Topography relief on the Shebandowan property is low and undulating with elevation not exceeding 100 feet. The crosses the eastern half of the property and flows into Shebandowan Lake. Bedrock exposure is generally poor and glacial cover is abundant in places.

Vegetation on the property is typical of most areas of . Much of the property is covered by swamp with stunted black spruce, larch, alder, and labrador tea growing from thick mats of lichen and moss. As elevation increases and drainage improves larger black and white spruce, jack pine, birch and aspen are common. One and possibly two generations of timber have been cut from some portions of the property and there are recreational cottage lots along the north shore of Shebandowan Lake.

Precipitation for the region is low to moderate. Winters can be extremely cold (-30 to -40 degrees celsius), for periods of several weeks, but temperatures usually average -10 to -20 degrees celsius over the entire winter. Snow accumulations vary from year to year with 100 to 200 centimetres of accumulation being common especially in wooded areas. Shebandowan Lake can begin to freeze over in early December and break up in mid to late April. Summers are often hot and dry with temperatures often reaching the 250 C to 300 C range. Periodic heavy rain and thunderstorms are common during the summer months. Exploration can take place year round with minor breaks during the spring thaw and winter freeze up.

HISTORY AND PREVIOUS WORK Gold was first discovered on the original Bandolac property in 1937. In 1939, the Rochon- Maney Mining Syndicate sold the property to the Bandolac Mining Company.

The original showing, exposed in 11 trenches, consists of a zone 7.2 feet wide by 400 feet long over which channel sample assays averaged 0.247 oz/ton gold. In 1940, Bandolac Mining Company completed 500 feet of drilling in seven short holes on the East Zone. It is reported that the nine intersections encountered averaged 0.21 oz/ton gold over 5.5 feet (Crosscombe, 1947). In 1944, a total of 13,382 feet of drilling was completed in 30 holes on the East Zone. The historic reports do not state if samples collected over disclosed vein widths represent true widths. During this same year Auband Mines Ltd. acquired the ground west of the Bandolac property and completed 10,121 feet of drilling in 19 holes on the West Zone (the western extension of Bandolac©s East Zone). During the war years, the company announced, on a number of occasions, preparation for shaft sinking and underground work. There are no records in the assessment files to indicate that this work was actually completed likely due to the effects of World War n on manpower and other resources. In 1945, Freeport Exploration Company leased both the Bandolac and Auband properties and completed a self-potential survey over the porphyry that hosts the East and West Zones. In addition, Freeport completed 5,057 feet of drilling in seven holes.

In 1946, Band-Ore Gold Mines Limited was incorporated to take over Auband Mines Limited. Band-Ore Gold Mines completed 7,694 feet of drilling in 7 holes, and were successful in defining the East Zone gold bearing structure over a strike length of 4,800 feet. In the same year Band Ore Gold Mines Ltd. took over the property and assets of the Bandolac Mining Company Limited. The East and West Zones were now part of one property controlled by Band Ore Gold Mines Ltd. In 1947, a report was prepared for Band-Ore stating a tonnage estimate of 687,400 tons to the 500 foot level averaging 0.265 oz/ton gold (estimate not to the required standards of NI43- 101). This estimate was arrived at by combining the reserves of five separate zones named A to E, which represent the former East and West Zones and now combined, make up the present day Main Zone. The Main Zone has also been called the No. l Zone by certain authors, for the purposes of this report the zone will be referred to as the Main Zone. The drill logs have not been located for any of the 1944-46 drilling.

No significant work was reported to have occurred on the property from 1947 until 1974 with the exception of a small drill program completed in 1966. A Mr. John Anderson who drilled three holes (170m) from the shores of Shebandowan Lake completed the drill program. Anderson reported intersecting sections of well mineralized core but no assay results were contained in the assessment file. Bonnacord Explorations Ltd. optioned the property from Band-Ore in 1974 and conducted a bulk sampling program on the Main Zone in 1974, the results of which were subsequently lost.

On September l, 1980 Mattagami Lake Exploration optioned the Band-Ore property. In the fall of 1980, 50.9 kilometres of linecutting, VLF, magnetometer and I.P. surveys were completed. Seven drill holes (BO-80-1 to 7) totaling 1125.6 metres were drilled to verify the presence of the five auriferous zones A-E. The best intersections included 1.2 metres of 0.235 oz/ton gold (BO-80-2), and 1.63 metres of 0.133 oz/ton gold (BO-80-7), true widths are unknown. A selected number of intercepts from various drill programs on the Main Zone have been included in Appendix I. In addition to geological work and IP surveys, Mattagami completed a program of drilling. Based on the earlier 1940©s Main Zone drilling, Watts, Griffis and McQuat, in 1980, estimated a reserve of approximately 705,000 tonnes grading 6.86 g/t gold above the 500 foot level.

During the fall of 1981 the No. 4 Zone was discovered by drilling some of the IP anomalies peripheral to the anomaly coincident with the Main Zone. The No.4 Zone lies approximately 800 metres southwest of the Main Zone and does not outcrop due to thick glacial till cover. During the summer of 1982 Mattagami completed 21 drill holes totaling 3512.2 metres on the No. 4 Zone (BO- 82 holes). The No. 4 Zone was tested over a strike length of 500 metres and to a vertical depth of 200 metres. The drilling determined that the zone consists of three sub-parallel zones referred to by Mattagami as the Telluride, Upper and Lower Zones. Possible geological reserves for these three zones were calculated by Noranda to be approximately 616,000 tonnes of 4.83 g/t gold and 7.71 g/t silver. The western extension of the No. 4 Zone lies outside the present day claim block, although much of the defined mineralized material lies with the Band-Ore property.

From 1984 to 1990 Noranda trenched a portion of the Main Zone and several of the I.P. conductors on the property. During this period of time Noranda Exploration drilled 18 drill holes totaling 3,639 metres on both the No. 4 zone and the Main Zone. In 1991 Noranda transferred its interest to Hemlo Gold Mines. Hemlo Gold Mines terminated the option later that year and returned the property to Band-Ore Resources Ltd. Noranda spent approximately 51,100,000 between 1980- 1991 on the property.

hi 1995, Band-Ore completed a one hole (698 ft-212.75 meter) drill program on claim TB614747 in the central portion of the property. This hole was drilled to examine the stratigraphy in an area with little or no outcrop. The hole was designed to test the geological contact between intermediate to mafic volcanics and the felsic to intermediate tuffs which host the No. 4 Zone approximately one kilometre to the west. The hole, S-95-1, intersected 318.5 ft (97 meters) of intermediate to mafic tuffs predominately consisting of ash to lapilli tuffs. The tuffs are in contact with a 163.2 ft (47.7 meter) thick agglomerate unit, which in turn is in contact with a 69.3 ft (21.1 meter) felsic tuff, a part of the felsic -intermediate volcanic unit. The hole did determine that the favorable horizon existed at depth but was unsuccessful in discovering any new mineralization in this area. No gold analysis higher than 0.01 oz/ton were detected.

Band-Ore also completed a prospecting, sampling program in the fall of 2000 over the area of the Main Zone. Further detail of this work is contained in the "Exploration" section of this report.

GEOLOGY Regional Geology The Shebandowan Lakes area contains east trending mafic to intermediate metavolcanics consisting of basalt, andesite, and dacite flows and tuffs with minor felsic volcaniclastics and metasediments underlies the Shebandowan Lake area. Gabbro, peridotite and feldspar (+A- quartz) porphyry sills and plugs (Figure 3) intrude the metavolcanics. Mafic intrusives referred to as gabbro and peridotite by Mattagami have been described as meta-diabase by Chorlton. A large quartz diorite stock underlies Lower Shebandowan Lake.

In 1994 government geologists first coined the term "Matawin Gold Belt (MGB)" to describe the 75 km long, six kilometre wide geological structure that contains more than 75 gold occurrences including the Band-Ore occurrences. Gold mineralization in the MGB shows a close spatial association between the Timiskaming type alkalic metavolcanics and intrusives and intrusives in contact with Archean greenstones and metasedimentary units.

Property Geology The property is underlain mainly by intermediate to mafic metavolcanic rocks with lesser felsic volcaniclastic rocks, gabbro and feldspar porphyry sills (Figure 4). The metavolcanic sequence Quetico Metasedimentary Superbelt

N

Northern iaht Gneiss LEGEND Terrain B Gold Occurrence OREQUEST Metasediments and Pyroclastic Rocks BAND-ORE RESOURCES LTD. Gabbro, Anorthosite Fault Figure 3 Late to Post-Tectonic Plutons O Pistol Lake SHEBANDOWAN PROPERTY Mafic, Ultramafic Metevolcanics; e Inco-Shebandowan Mine Locally Intrusive Bodies REGIONAL GEOLOGY e Narrows Felsic Metavolcanics; Altered Ontario Fissile Metavolcanics of Mafic- O 10km NTS 52B/9 Intermediate Composition l l adapted from Stott and Schnieders, 1983 SEPTEMBER 2003 XY3 5 391 000 N

OREQUEST BAND-ORE RESOURCES LTD. Figure 4

SHEBANDOWAN PROPERTY

Shebandowan Lake Management Plan (RAO) PROPERTY GEOLOGY Ontario NTS 52B/9

after Band-Ore; Duess 2000 SEPTEMBER 2003 XY3 is in contact with the Shebandowan Lake quartz diorite stock, which lies south of the property." Metavolcanic rocks on the property are east west trending and dip steeply to the north.

The intermediate to mafic metavolcanics consists of andesite and dacite flows, tuffs, breccias and agglomerates. A barren iron formation interbedded with dacitic flows is reported in the 1980 drilling. The felsic metavolcanic rocks are comprised of serialized and pyritized rhyolite tuffs and felsic fragmentals. The No. 4 Zone is hosted within a quartz-carbonate veined shear zone within sheared felsic volcanics in the southern half of the property.

Felsic intrusives on the property include an outcrop of syenite approximately 300 metres north of Blizzard Bay and the feldspar porphyry sill, which hosts the Main Zone. The feldspar porphyry has been intensely sheared locally, where it appears as a sericite schist with no apparent phenocryst phase and a higher than average pyrite concentration. Mafic intrusives on the property are mainly gabbroic sills with some peridotite noted. Contacts with the hosting metavolcanics are conformable, chloritized and sharp.

The metavolcanics underlying the property lie on the north limb of a large isoclinal anticline. Top determinations from pillowed flows in the general area indicates that the sequence is north facing (Huska, 1981). Three north trending faults are noted on the property, two of these east of the Swamp River have displaced gabbro sills as much as 100 metres on surface. The intensity of schistosity within the metavolcanics and porphyry is variable and for the most part east-west striking and sub-vertical. Sinistral shearing within the feldspar porphyry unit is most intense along trends parallel with local well developed schistosity. Foliation and fracture patterns observed on the property are likely associated with the emplacement of the Shebandowan Lake quartz diorite stock.

Mineralization Two distinct types of mineral occurrences have been identified on the Band-Ore property. The Main Zone (No. l Zone), discovered in 1937, consists of sheared and altered porphyry with disseminated and stringer pyrite mineralization. The No. 4 Zone consists of blue-grey quartz veining hosted in sheared and altered felsic to intermediate pyroclastics. The host rocks consist of intermediate to mafic metavolcanics are mainly comprised of well-foliated andesite and dacite flows, tuffs, breccias and agglomerates. To the north of this sequence lies the Postan Fault which marks the contact between the metavolcanics and the northern metasedimentary Quetico subprovince. To the south of the property is the Mabella Fault and associated Timiskaming-type sediments. Gold mineralization in the area is associated with sulphide bearing veins and pyritic stringers in sheared metavolcanic rocks and sheared felsic porphyry sills and plugs.

Pyrite occurs as fine disseminations and massive pods within mafic breccias and agglomerates. Noranda reported that their highest assay from this type of occurrence was 0.013 oz/ton gold, 0.15 oz/ton silver, and Q.04% copper. Trenching of an LP. anomaly approximately 300 metres northeast of the Main Zone, within a sheared sericitic/chloritic intermediate to mafic metavolcanic, returned a result of 0.16 oz/ton gold across two metres (true width unknown). There is no further description of this showing, however the showing seems to indicate the presence of significant gold mineralization within the intermediate to mafic metavolcanics. In 1989 a total of 15 trenches were excavated to test I.P. anomalies outside the drilled areas. Most of the trenches exposed sericite-chlorite schists; the best assay returned was 0.214 oz/ton gold from a grab sample although many of the samples returned lower grades.

Disseminated pyrite and pyritic lenses occur within the sheared and altered feldspar porphyry in the Main (No.l) Zone. Concentrations of disseminated pyrite are higher in sericitized zones (1- 20/*)) in semi-massive discontinuous lenses. Sampling of drill core indicates that gold values greater than 0.1 oz/ton occur only within seriticized zones with appreciable amounts of pyrite (Huska, 1981). In 1984 Noranda Exploration stripped the Main Zone exposing an area 120 metres by 10 metres. Noranda collected 107 diamond saw cut channel samples from the exposed outcrop, only eight samples returned values greater than 0.08 oz/ton Au. The highest values were 0.56 and 0.74 oz/ton Au. Sample widths were typically 0.50m, but final trench maps are missing from the assessment records so the actual sample widths and locations are not known. Noranda felt that because of the lack of continuity in mineralization on surface and in previous drilling, no further work would be required (Bellinger, 1992).

The most abundant sulphide noted from surface work by Mattagami and Noranda was pyrite, minor chalcopyrite associated with quartz veining was noted in drilling by Noranda. Clayton (1980) reports the occurrence of sphalerite and chalcopyrite within rusty shear zones. The highest base metal assay, reported from historic work on the property is from a grab sample which assayed Q.3% copper and 4.4*^ zinc (Crosscombe, 1947). Base metals were not routinely tested by any of the past explorationists so the 1947 assays cannot be considered indicative of base metal mineralization on the property. The highest precious metal results came from a grab sample, which returned a value of 15.7 oz/ton gold and 43.6 oz/ton silver. Precious metal values of this magnitude are not considered indicative of the mineralization at the Main Zone; assays do not normally exceed 1.0 oz/ton Au or Ag. Channel samples from the original trenches collected in 1947 on the Main Zone averaged 0.35 oz/ton gold over a true width of 7 feet and a strike length of 400 feet (Crosscombe, 1947). Locations for these samples were reportedly "imprecise at best; in some cases locations are not given" (Clayton, 1980).

No. 4 Zone gold mineralization occurs in structurally controlled quartz veins; quartz flooded zones and silicified pyritic tuffs. All mineralized zones exhibit some degree of silicification, quartz veining or quartz stockwork and are associated with disseminated pyrite. Ankerite alteration is abundant and forms a broad halo around the gold bearing zones. Fine-grained specks of tourmaline are common in the No.4 Zone, but it does not show preferential association with the gold mineralization. The No. 4 Zone is comprised of three sub-zones termed the Telluride, Upper and Lower Zones, and is hosted by sheared and altered felsic to intermediate pyroclastics. All three of the mineralized zones are associated with quartz veins including:

a) hydrothermal veins- beige to creamy white, competent containing banded pyrite mineralization, generally low silver and gold values. b) Bluish grey to grey pyritiferous veins- grey in colour, competent, generally contains the best gold values. c) Light greenish-grey veins- not common, competent and carry good gold values. d) White quartz veins- weakly mineralized, narrow ^lcm in width) and contain good values 8

2003 EXPLORATION Most of the previous exploration work completed on the property was done from 1937-90 and has been discussed hi the "History" section of this report. The only recent work completed on the property was a lone diamond drill hole in 1995 in the southeast corner of the property followed by a trench sampling program completed in the fall of 1999 (Duess 2000). Both of these programs were conducted by Band-Ore and were assessment work to maintain tenure of the unpatented claims. Band-Ore collected 119 grab samples from old pre-existing trenches excavated by Noranda from their work in the 80©s located on and around the Main Zone. In addition, the company collected another 45 prospecting rock grab samples from various locations within the claim block.

Many of the old trenches contain visible diamond saw cuts, presumably the result of Noranda collecting channel samples. The authors have been unable to find maps relating individual samples to specific sample cuts in the trenches. Of the 164 samples collected by Band-Ore in 1999, 26 returned values above l gram per tonne. The highest result was 32.2 g/t Au with most samples containing only trace values of gold. Most of the higher-grade samples came from Trenches "A", "B" or "D". A complete list of the 2000 Duess sample results from Trenches A, B, and D can be located in Appendix I.

The 1995 drill core is the only core on the property that is intact and labelled however no significant mineralization was intersected in this hole. The grab samples collected from the trenches in 1999 were successful in establishing the presence of gold within small pyritic lenses within the sheared feldspar porphyry of the main zone.

Soil Geochemistry Noranda using the standard technique of collecting a "B" horizon sample approximately 15- 20cm below the surface completed previous soil sampling surveys. The Noranda surveys found that typically that copper geochemical anomalies were located along road or old trails so felt that these results were likely contaminated. Noranda concluded:

"Difficulties in obtaining a consistent sample and soil contamination would appear to be contributing factors resulting in the ineffectiveness of this survey. A more effective geochemical technique may involve basal till sampling where the effects of topography and soil contamination would be minimal".

In 2003, in an attempt to determine if a different approach to soil geochemistry could be used to examine the many IP anomalies on the property, Band-Ore decided to complete two soil profile test grids over the Main and No.4 Zones. Five lines, 100 m in length and 100m apart were placed over each zone of interest, al total of 0.5km of lines per grid. Three pits where dug at 50m spacing along each line with a sample collected at approximately 30cm depth and a second sample collected at 60cm depth. The pits were completed using a combination of grub hoes, metal pry bars and hand gardening trowels. A total of 14 sample sites were completed on the Main Zone (Figures 5 and 7) and 15 sites over the No.4 Zone sample (Figures 6 and 8), all sample sites were located with a compass and hipchain and were recorded with a OPS. 1L1+OOE 1L2+OOE 1L3+OOE 1L4+OOE 1L5+OOE

100N

SON

, <2 1289,163 l L , <2 LO+00

4^2 <2,4 <2 , <2 <2,34 SOS

<2,317

<2, 2 2,12 <2 100S

OREQUEST BAND-ORE RESOURCES LTD. A sample Au ppb, B sample Au ppb Figure 5 SHEBANDOWAN PROPERTY SOIL GEOCHEMISTRY Au GRID #1 Ontario NTS 52B/9

SEPTEMBER 2003 XY3 .. ... V ..; ^ ,©* O ***j , "r V-* ;^

4LO+OOE 4L1+OOE 4L2+OOE 4L3+OOE 4L4+OOE

100N

. <2 <2© , <2 SON

, <2 , <2 1^2 L2. <2 LO+00

, <2 ^^2,10 ( ^2, SOS (l

100S

l- 150S

OREQUEST BAND-ORE RESOURCES LTD. A sample Au ppb, B sample Au ppb Figure 6 SHEBANDOWAN PROPERTY SOIL GEOCHEMISTRY Au GRID #4 Ontario NTS 52B/9

SEPTEMBER 2003 XY3 In general, samples collected at the 15-30 cm depth consisted of uniform coloured, orange- brown to brown, soil. A marked difference exists from the samples collected at the 50-60cm depth. Samples were orange-brown to brown or grey- brown and much coarser often containing abundant sand. Samples were collected in kraft paper sample bags labelled and sent to iPL Labs in Vancouver for ICP analysis, (Au with an AA finish). The 30 cm sample was collected from the "B" horizon, while it appeared that the 60cm depth encountered a transitional horizon between the "B" and "C" horizon. Full details on the analytical procedures used by iPL Labs have been included in Appendix III of this report.

Two of the planned sample sites over the Main Zone, Grid l, were located in swamps so no sample was collected at the predetermined site. Instead, samples were collected as close to the planned site as possible and were numbered accordingly. These sites were, Line 4E, Station 0+80S and Line 5E, Station 0+85S. All other sample collected from sites from both grids were dry, water was not a problem. Regionally, the terrain in the area of the No.4 Zone tends to contain abundant swamps or wet ground, which may hamper future sampling over a broader area centred on the No.4 Zone. The Main Zone sits on a prominent ridge, likely due to the siliceous component of the underling porphyry. Samples site located over the Main Zone porphyry were fairly easy to obtain, but as the sampling proceeded to the south, the wet ground surrounding the No.4 Zone was encountered which made the soil sampling more difficult.

In summary, results of the 2003 soil sampling indicated that of the 29 sites where two samples were collected from the two different depths 21 sites contained no detectable gold values (Figures 5 and 6). Five of the sites contained increases in gold values from the deeper sample, while three sites showed the sample collected from the upper sample returning a higher value than the deeper sample. Statistical analysis to determine background and anomalous values for the limited database was not completed since the database was too small to provide any meaningful statistical conclusions. Further sampling over a broader area and further sampling at greater depths (^ 1m) should be considered to determine if soil sampling at depth can assist in locating areas of gold mineralization.

In all cases, the copper values were higher at depth than from the shallower sample (Figures 7 and 8). The increase in copper values at depth could also be attributed to possible surface contamination due to effects of the nearby Inco Shebandowan Cu-Ni mine. Nickel values were less consistent. No detailed testing has been completed by any Ontario government department to determine if the area shows an increase in copper in the soils due to the effect of the mine. No additional testing for copper or nickel in any future soil sampling is recommended.

Rock Sampling A number of rock samples from the property in order to verify some of the historic data. It was decided that sampling of some of the structures exposed in the trenches would verify the existence of gold in the structures. Sample sites were selected based on the best grab sample locations of Band-Ore (from trenches located on Figure 4), all from the Main Zone. Table n summarizes the samples in July 2003. 1L1+OOE 1L2+OOE 1L3+OOE 1L4+OOE 1L5+OOE

100N

SON

29, 53 i 39,54 123,25 127,34 L27, 33 LO+00

15,21 33,44 29,81 12,22 20,30 SOS

169,263 21,31

32,33 28,44 25,85 100S

OREQUEST BAND-ORE RESOURCES LTD. A sample Cu ppm, B sample Cu ppm Figure 7 SHEBANDOWAN PROPERTY SOIL GEOCHEMISTRY Cu GRID #1 Ontario NTS 52B/9

SEPTEMBER 2003 XY3 4LO+OOE 4L1+OOE 4L2+OOE 4L3+OOE 4L4+OOE

100N

, 36 SON 70,139

, 30 61,101 l 36. 39 l 12,52 LO+00

20,31 40,39 16,311 28,63 t

100S

28,43 150S l

OREQUEST BAND-ORE RESOURCES LTD. A sample Cu ppm, B sample Cu ppm Figure 8 SHEBANDOWAN PROPERTY SOIL GEOCHEMISTRY Cu GRID #4 Ontario NTS 52B/9

SEPTEMBER 2003 XY3 10

TABLE II -2003 SAMPLE SUMMARY

Tag Sample Band-Ore Assay Sample Description Number Length Trench (R/t) Chip sample along Noranda saw cut east end of trench A near Duess sample 0.33 Au 88515 1 metre A 40 1 54, consists of feldspar porphyry containing 1 cm shear containing pyrite 1.0 Ag striking 090 degrees. 10.65 Chip sample near middle of trench A near Duess sample 40156, consists of 88516 1 metre A Au feldspar porphyry containing 5cm vertical shear containing massive pyrite 30.5 Ag striking 070 degrees. Chip sample near west end of trench A near Duess sample 40172 consists of 5.26 Au 88518 1 metre A feldspar porphyry containing two 5cm vertical shear containing pyrite striking 11.2Ag 070 degrees. Sample oriented about 040 degrees 1.4 2.77 Au Chip sample across sericite altered shear in porphyry containing abundant 88519 D metre 9.2 Ag pyrite and includes Duess samples 7481 through 7487 1.63 Au Chip sample oriented 000 degrees across very sheared porphyry with rusty 88521 1 metre B 4.2 Ag sericite near Duess 40187 0.5 0.04 Au Pieces of split core from one box at zone 4 dump, very rusty sericite sheared 88522 metre 0.4 Ag material possibly intermediate volcanics. Hole number and depth unknown.

These rock samples were taken to verify the existence of mineralization, with resultant analytical results being similar to the historic resources mentioned previously in this report. These samples do nothing to verify the tonnage and given the state of the core storage on the property it will be necessary to twin some of the past holes to verify the intersections. The actual location of the old holes may be difficult to determine as only two drill collars were found in the No.4 Zone area and none were seen in the Main Zone. More time in the field may reveal additional hole collars but confirmation of the historic resources will take a substantial amount of work.

Samples 88516 and 88518 were taken across the same shear about 20 meters apart. The shear continued both east and west of the samples but was not continuous throughout Trench A. The average of the two samples is 7.96 g/t Au. There is the possibility that numerous en echelon style mineralized lenses are present within the boundaries of the shear zones causing apparent discontinuity in trenches compared to that seen in the drilling.

All of the rock samples were subject to fire assay with AA finish and 30 element ICP. The results are shown in Appendix II and the iPL analytical procedures are shown in Appendix HI.

In the above samples silver appears to occur with gold in a three to one ratio. Copper values are generally less than 100 ppm. There is one elevated zinc value over G.1% in sample 88521 which also contained 2.7 ppm cadmium (other samples were below detection limit in cadmium). There are no significant quantities of mercury, antimony or arsenic in any of the samples with all results below detection limits.

Most of the historic samples discussed in this report were taken either in the 1980©s by Noranda or their wholly owned subsidiary Mattagami Lake Exploration Company Ltd. Noranda used standard techniques for that time, ICP with AA finish for gold analysis and fire assay for core 11 samples. Full details of all the sampling methods and assaying procedures are not available to the authors and this is not uncommon for work in these eras. Some of the old reports contain attached assay certificates, which provide some analytical information. For example, Noranda collected 107 channel samples from the Main Zone trench in 1984. Noranda sent the samples to "Warnock Mersey Professional Services" in Winnipeg for analysis. Warnock analyzed the samples using the one assay ton fire assay method. Seventeen of the samples were sent to "Custom Fire Assaying Ltd." in Cochenour, Ontario for checks although the report contains the results, there is no discussion of the analytical procedures. The following table indicates that Noranda was aware of reproducibility problems with the gold on the Band-Ore property:

TABLE III - 1984 NORANDA MAIN ZONE TRENCH ASSAYS

Laboratory (all analyses in oz/ton Au) Sample No Warnock Mersey Custom Fire Assaying 11972 0.03 0.02 11973 0.56 0.01 11974 0.74 0.26 11975 0.02 0.01 11976 0.13 0.08 11977 0.04 0.04 11990 Trace Trace 11992 0.21 0.2 11993 0.04 0.04 11994 0.01 Trace 11995 Trace Trace 12014 Trace Trace 12015 0.11 0.06 12016 Trace 0.04 12021 0.01 0.02 12022 0.21 0.26 12023 0.01 0.02

Noranda routinely used a 30-gram fire assay technique for gold analysis. Gold values range from 0.01 g/t to samples approaching 34 g/t. Coarse gold may be contributing to the erratic nature of the Noranda results. There is no detailed discussion of abundant visible gold noted but with values of nearly one oz/ton, coarse gold may be a problem, hi 2003, two samples were collect and analyzed with the metallic screen analysis method. In the case of the samples collected, there was not appreciable difference between a conventional fire assay and the metallic screen analysis. The following table summarizes the results of the two samples using the two analytical methods: 12

TABLE IV -METALLIC SCREEN ANALYSIS VS FIRE ASSAY (2003)

Sample Total weight +150M -1SOM Au+150 Au 150 Metallic Screen Fire Assay Number (grams) (grams) (grams) g/t g/t Au Total (g/t) Au (g/t) 88517 975.96 13.88 962.08 149.55 31.05 32.73 33.3 88520 1123.2 49.96 1073.24 16.9 8.85 9.21 9.7

Certain Noranda drill holes also indicated problems with reproducibility. Noranda used two labs for much of the drill core analysis, a facility in Pamour Ontario and Swastika Laboratories located in Swastika Ontario. Similar swings in assay values between the two labs were also noted from the drilling. Some metallic screen analysis was completed on certain holes and although the reports did not provide the breakdown of the gold distribution between the coarse and fine fractions, the metallic analyses likely provided an indication of the contained gold. Metallic screen analysis should be considered on core and selected trenches to attempt to reduce the effects of irregular distribution of gold in the samples as noted by Noranda.

CONCLUSIONS AND RECOMMENDATIONS The Shebandowan Property of Band-Ore Resources Ltd. is located along the north shore of Shebandowan Lake, approximately two kilometers west of the village of Shebandowan, and approximately 80 kilometers west of Thunder Bay. The property lies within the Matawin Gold Belt, a 75 km long, six kilometre wide geological structure that contains more than 75 gold occurrences. Gold mineralization in the Belt shows a close spatial association between the Timiskaming type porphyry intrusives in contact with Archean greenstones.

In 1944-46 drilling outlined a mineralized body named the Main Zone. In 1980, based on the earlier 1940©s Main Zone drilling, Watts, Griffis and McQuat, estimated a reserve of approximately 705,000 tonnes grading 6.86 g/t gold above the 500 foot level.

hi 1980 Mattagami Lake Exploration optioned the property and discovered the No.4 Zone mineralized body by drilling IP anomalies. The No. 4 Zone was tested over a strike length of 500 metres and to a vertical depth of 200 metres. Possible geological reserves for these three zones were calculated by Noranda to be approximately 616,000 tonnes of 4.83 g/t gold and 7.71 g/t silver.

To date much work has been performed on the property. A systematic program of drill testing I.P. anomalies was initiated by Mattagami and later carried on by Noranda but never completed. Since a great deal of ground geophysical surveys and geological mapping have already been conducted on the property, the majority of the proposed exploration program will be drill intensive focusing on targets defined by the existing data base. The passing of time has not been friendly to the database. Core is unavailable for re-logging or re-assaying and it may be difficult to orient the previous drill data on the ground.

The two known zones on the property will need to be verified at least in part while other anomalies are investigated. As the recently defined Matawin Gold Belt is more actively explored on other properties, new ideas for exploration targets may present themselves in addition to those already defined by previous operators. 13

After evaluation of the geochemical, geophysical and geological data, many questions regarding the potential of the property remain unanswered. It is recommended that an exploration program of follow up diamond drilling be initiated to test I.P. anomalies beyond the limits of the previous drilling. These areas would include testing the felsic porphyry west of and along strike of the Main zone as well as untested I.P. anomalies within the metavolcanic rocks adjacent to the felsic porphyry. Further sampling over a broader area and further sampling at greater depths ^ 1m) should be considered to determine if soil sampling at depth can assist in locating areas of gold mineralization.

No further work is recommended on the No. 4 Zone at this time. The work program recommended in this report refers to the Main Zone mineralization and possible extensions thereof. The dominant control on mineralization appears to be structural and further drill testing of the porphyry should focus on intersections of structural features oblique to the dominant east trending shearing within the Main Zone porphyry.

The success of I.P. surveys on the property seems to be substantiated by the I.P. targets drilled to date that contains auriferous mineralization. However, many of the I.P. anomalies remain untested. Approximately 1,500 metres of the feldspar porphyry unit west of the Main Zone remains untested by drilling. Coinciding with the western trend of the feldspar porphyry are two I.P. anomalies that are extensions of the anomaly overlying the Main Zone. Due to the absence of outcrop in this area it is recommended that this area be a high priority target for drilling.

Since the Main Zone mineralization has not been tested below the 500 foot level it is recommended that a portion of the proposed drilling test the down dip potential of the Main Zone. Additional holes are recommended to twin several of the old 1944-46 holes to understand the basis of the historic estimates. 14

QUALIFICATIONS

I, George Cavey, of 306-595 Howe Street, Vancouver British Columbia, hereby certify:

1. I am a graduate of the University of British Columbia (1976) and hold a B.Sc. degree in geology. 2. I am presently employed as a consulting geologist with OreQuest Consultants Ltd. of #306-595 Howe Street, Vancouver, British Columbia. 3. I have been employed in my profession by various mining companies since graduation, with OreQuest Consultants Ltd. since 1982. 4. I am a member of the Association of Professional Engineers and Geoscientists of British Columbia, and have been registered since 1992.1 am also a member of the Association of Professional Engineers, Geologists and Geophysicists of Alberta and the Association of Professional Engineers and Geoscientists of Manitoba. 5. I am responsible for preparation of all sections of this report utilizing data summarized in the References section of this report. 6. I most recently visited the subject property on July 26,27 and 29th, 2003. 7. I have had no recent direct involvement with the Band-Ore, Shebandowan property since I co- authored two reports for Band-Ore in 1993 and 1996 on the same subject property covered in by this report. I last visited the property in 1985. 8. I have been the author or co-author of an number of technical reports dedicated to exploration in the Band-Ore Shebandowan area including two reports written for Band-Ore Resources between 1993 and 1996 on the same property that is the subject of this report. 9. I am independent of Band-Ore Resources Ltd. 10.1 consent to the use of this report for the purpose of filing assessment work on the Band-Ore Shebandowan property.

George Cavey, P.Geo.

DATED at Vancouver, British Columbia, this 3rd day of Sept, 2003. 15

REFERENCES AGAR,G. 1984: Band-Ore Evaluation - Progress Report #1, Inco Metals Company June 25,1984 CHORLTON, L. 1987: Geological Setting of Gold Mineralization in the Western Part of the Shebandowan Greenstone Belt, District of Thunder Bay, Northwestern Ont; Ontario Geological Survey, Open File Report 5636. CALVERT, D and CLARK, J. 1999: Dan Calvert 1998 OPAP Program, Conacher Property, Conacher Township Jan, 1999 CALVERT SR, D and CALVERT JR, D. 2000: 1999 OPAP Report, Conacher Property, Conacher Township Jan, 2000 CAVEY, G. and TURNBULL, D 1993: Report on the Shebandowan Property, Conacher Township for Band-Ore Resources Ltd., May 3,1993. CAVEY, G. 1996: Letter to Band-Ore dated July 10,1996. CLAYTON, R.H. 1980: Summary Report for the Shebandowan Property of Band-Ore Resources Ltd., Watts, Griffis, and McQuat Ltd., Toronto, June 6, 1980. CLAYTON, R.H. 1980: Report on the Shebandowan Property of Band-Ore Resources Ltd., Watts, Griffis, and McQuat Ltd., Toronto, July 10, 1980. CLAYTON, R.H. 1984: Summary of Recent Work by Mattagami Lake Exploration on the Conacher Township Claims of Band-Ore Resources Ltd., Watts, Griffis, and McQuat Ltd., July 20, 1984. CROSSCOMBE, J.S. 1947: Report on the Property of Band Ore Gold Mines Limited, Thunder Bay Mining Division, Ontario, May 15, 1947. DUESS, R. 1992: Summary Report for the Shebandowan Property of Band-Ore Resources Ltd. DUESS, R. 2000: Geological Report for the Shebandowan Property, Band-Ore Resources Ltd. Jan 5, 2000. GREEN ICE INC. 2003: News Release dated July 29,2003. HATCH, H.B. 1946: Report on the Property of the Band Ore Gold Mines Limited; Shebandowan, Ont, April 1946. LAVIGNE, M. AND SCOTT, J. 1994: Report of Activities, 1993, Resident Geologist Program, Thunder Bay South Regional Resident Geologist Report, Ontario Geological Survey Open File #5892 LAROUCHE C., LICHTBLAU, A 1995: Evaluation of Previous Exploration Work and the Potential for Gold Exploration, Conacher- Hagy Properties for Landore Explorations Inc., Nov 30, 1995. MORIN, J.A. 1973: Geology of the Lower Shebandowan Lake Area, District of Thunder Bay, ODN Geological Report #11O 16 Vvv ! . :.v©-© l©-" ©- ^" O©CONNER, A. 1997: Report on Diamond Drilling, Shebandowan Project- Moose Calf Property, Shebandowan, Ont, Green Ice Corporation, Feb 23, 1997. O©CONNER, A. 1997: Report on Diamond Drilling, Shebandowan Project- Narrows Property, Shebandowan, Ont, Green Ice Corporation, April 1997. ONTARIO GEOLOGICAL SURVEY 1991: Airborne Electromagnetic and Total Intensity Magnetic Survey, Shebandowan Area Map 81575 scale 1:20,000. OSAMANI, I. 1997: Greenwater Lake Area , West Central Shebandowan, Greenstone Belt OGS Open File 296. SCHNIEDERS, B.R, SCOTT, J., SMYK, M. and O©BRIEN, M. 2003: Report of Activities, 2002, Resident Geologist Program, Thunder Bay South Regional Resident Geologist Report, Ontario Geological Survey Open File #6112 STOTT, G.M., SCHNIEDERS, B.R. 1983: The Geology of Gold in Ontario, A.C. Colvine; OGS Misc. Paper 110, Toronto, 1983. WITTE, M. 1981: Heap Leaching Metallurgical Studies on Several Ontario Gold Ores, Ontario Geological Survey Open File #6112

NORANDA/MATTAGAMI REPORTS

BELLO, A, CASEY, J. and PARKER, D. 1986: Diamond Drilling Report 1986-87, Band-Ore Property, N.T.S. 52B/9, Northwest Ontario District, Project 1245, Noranda Exploration Company Limited, May l, 1987. BELLINGER, W. and BELLO,A. 1988: Report of Work, Band-Ore Property, N.T.S. 52B/9, Northwest Ontario District, Project 1245, Noranda Exploration Company Limited, Thunder Bay, March 25,1988. BELLINGER, W. 1992: Summary Report, Band-Ore Property, Conacher Township, Ontario, N.T.S. 52B/9, Northwest Ontario District, Noranda Exploration Company Limited, Thunder Bay, January 24, 1992. CASEY, J. 1985: Final Report on the Sixth Program, Band-Ore Mines Option, N.T.S. 52B/9, Project 1245, Noranda Exploration Company Limited, Thunder Bay, Nov 21,1985. CASEY, J. 1985: Report on the Core Relogging Program, Band-Ore Option Property, No.4 Zone, N.T.S. 52B/9,, Project 1245, Noranda Exploration Company Limited, June 13,1986. HUSKA, K.J. 1982: Diamond Drilling Report and Pre Evaluation study on the Band-Ore Option, Conacher Township, Ontario; Mattagami Lake Exploration Company Limited, December 1982. HUSKA, K.J. 1981: Report on the Initial Program on the Band-Ore Option; Mattagami Lake Exploration Company Limited, January 1981. 17

NEILSEN, P. 1984: Geochemical Report, Band-Ore Extension, N.T.S. 52B/9, Project 1245, Northwest Ontario District, Noranda Exploration Company Limited, Thunder Bay, Nov 26, 1984. PARKER, D. 1986: Report on Work Diamond Drilling, Band-Ore Property, N.T.S. 52B/9, Northwest Ontario District, Project 1245, Noranda Exploration Company Limited, Thunder Bay, Dec 12, 86. PURDY, N. and CLUFF, R. 1984: Report on the Fifth Program, Band-Ore Mines Option, N.T.S. 52B/9,, Project 1245, Noranda Exploration Company Limited, Thunder Bay, Dec, 1984. SUTHERLAND, D. 1982: Memorandum Detail IP Survey Zones l A 8 Greenwich Option Shebandowan Ont. for Mattagami Lake Exploration Limited, March 1982. THOMPSON, K. 1989: Report on Diamond Drilling, Band-Ore Property, N.T.S. 52B/9, Northwest Ontario District, Project 1245, Noranda Exploration Company Limited, Thunder Bay, Oct 31. WALLIS, C.S. 1980: Summary Report of the Band-Ore Property, Noranda Exploration Company Limited, September 1980. 18

APPENDIX I

2000 BAND-ORE SAMPLE RESULTS 19

APPENDIX I- 2000 BAND-ORE SAMPLE RESULTS

Trench Duess Results Trench Duess Results Sample # Au (oz/ton) Sample # Au (oz/ton) A 40151 0.041 B 40175 O.OOl A 40152 0.019 B 40176 O.OOl A 40153 0.224 B 40177 O.OOl A 40154 0.045 B 40178 O.OOl A 40155 0.016 B 40179 O.OOl A 40156 0.156 B 40180 O.OOl A 40157 0.079 B 40181 O.OOl A 40158 0.370 B 40182 0.006 A 40159 0.069 B 40183 0.177 A 40160 0.005 B 40184 0.002 A 40161 0.045 B 40185 O.OOl A 40162 0.011 B 40186 O.OOl A 40163 0.013 B 40187 0.340 A 40164 0.001 B 40188 O.OOl A 40165 0.001 B 40189 0.001 A 40166 0.004 B 40190 0.001 A 40167 0.301 B 40191 0.003 A 40168 0.549 B 40192 0.002 A 40169 0.140 D 7481 0.143 A 40170 0.126 D 7482 0.941 A 40171 0.229 D 7483 0.324 A 40172 0.804 D 7484 0.014 A 40173 0.052 D 7485 0.384 A 40174 0.019 D 7486 0.012 D 7487 0.010 20

APPENDIX II iPL ANALYTICAL RESULTS 21

APPENDIX II - iPL ANALYTICAL RESULTS COPPER AND GOLD RESULTS ONLY Certificated 03H1222 Client: Orequest Consultants Ltd. Project: BANDORR No. of Samples: 58 Sample Type: Soil Date In: Aug 01, 2003 Date Out: Aug 11,2003 Grid l Grid 4 Line Station Au Cu Line Station Au Cu ppb ppm ppb ppm 1L1+OOE 0+OOSA ^ 29 4LO+OOE 0+00 A ^ 27 1L1+OOE 0+OOSB ^ 53 4LO+OOE 0+00 B ^ 104 1L1+OOE 0+50SA 4 15 4LO+OOE 0+50NA 97 50 1L1+OOE 0+50SB ^ 21 4LO+OOE 0+50NB 75 1L1+OOE 1+OOSA ^ 32 4LO+OOE 0+50SA ^ 24 1L1+OOE 1+OOSB 2 33 4LO+OOE 0+50SB 10 135 1L2+OOE 0+00 A 289 39 4L1+OOE 0+00 A 16 1L2+OOE 0+00 B 163 54 4L1+OOE 0+00 B ^ 30 1L2+OOE 0+50SA ^ 33 4L1+OOE 0+50NA ^ 14 1L2+OOE 0+50SB 4 44 4L1+OOE 0+50NB <2 36 1L2+OOE 1+OOSA 2 28 4L1+OOE 0+50SA ^ 20 1L2+OOE 1+OOSB 12 44 4L1+OOE 0+50SB 31 1L3+OOE 0+00 A ^ 23 4L2+OOE 0+00 A <2 61 1L3+OOE 0+00 B ^ 25 4L2+OOE 0+00 B <2 101 1L3+OOE 0+50SA ^ 29 4L2+OOE 0+50NA <2 70 1L3+OOE 0+50SB ^ 81 4L2+OOE 0+50NB <2 139 1L3+OOE 1+OOSA ^ 25 4L2+OOE 0+50SA 40 1L3+OOE 1+OOSB ^ 85 4L2+OOE 0+50SB ^ 39 1L4+OOE 0+00 A ^ 27 4L3+OOE 0+00 A <2 36 1L4+OOE 0+00 B ^ 34 4L3+OOE 0+00 B <2 39 1L4+OOE 0+50SA ^ 12 4L3+OOE 5+50SA <2 16 1L4+OOE 0+50SB ^ 22 4L3+OOE 5+50SB 31 1L4+OOE 0+80SA <2 169 4L3+OOE 1+50SA <2 28 1L4+OOE 0+80SB 317 263 4L3+OOE 1+50SB ^ 43 1L5+OOE 0+00 A ^ 27 4L4+OOE 0+00 A <2 12 1L5+OOE 0+00 B <2 33 4L4+OOE 0+00 B <2 52 1L5+OOE 0+50SA ^ 20 4L4+OOE 0+50SA 28 1L5+OOE 0+50SB 34 30 4L4+OOE 0+50SB <2 63 1L5+OOE 0+85 SA <2 21 1L5+OOE 0+85 SB ^ 31 22

ALL SOIL RESULTS

Note: Results from the following elements were included in the iPl ICP soil sample analysis but excluded from this Appendix as they were not consider either anomalous or relevant. Excluded elements were: Sb, Hg, Tl, Bi, Cd, Co, Ba, W, W, Cr, V, Mn, La, Sr, Zr, Se, Ti, Al, Mg, P. Certificate*: 03H1222 Client: Orequest Consultants Ltd. Project: BANDORR No. of Samples: 58 Sample Type: Soil Date In: Aug01,2003 Date Out: Aug 11, 2003

GRID1 Au Ag Cu Pb Zn As Mo Ni Ca Fe K Na /o Sample Name ppb ppm ppm ppm ppm ppm ppm ppm Vo ©/o Vo 1L1+OOEO+OOSA 0.1 29 9 45 < 5 2 39 0.8 3.3 0.07 0.14 1L1+OOE 0+OOSB 2 0.1 53 13 53 < 5 3 37 0.91 3.57 0.11 0.13 1L1+OOE 0+50SA 4 0.2 15 15 42 < 5 2 25 0.35 2.37 0.04 0.05 1L1+OOE 0+50SB 0.2 21 14 43 < 5 1 29 0.44 2.31 0.05 0.08 1L1+OOE 1+OOSA 0.1 32 11 176 < 5 3 44 0.25 4.12 0.08 0.06 1L1+OOE 1+OOSB 2 0.1 33 15 92 < 5 2 39 0.27 3.25 0.06 0.06 1L2+OOE 0+00 A 289 1 39 11 67 < 5 2 22 0.17 2.83 0.05 0.04 1L2+OOE 0+00 B 163 0.5 54 14 277 < 5 2 12 0.09 2.68 0.04 0.03 1L2+OOE 0+50SA 0.1 33 13 46 < 5 2 36 0.27 3.27 0.05 0.06 1L2+OOEO+50SB 4 0.1 44 10 38 <5 2 33 0.34 3.22 0.05 0.08 1L2+OOE 1+OOSA 2 28 17 181 < 5 2 37 0.24 3.89 0.1 0.05 1L2+OOE 1+OOSB 12 0.1 44 12 108 < 5 2 54 0.34 5.07 0.09 0.06 1L3+OOE 0+00 A 0.1 23 12 57 < 5 2 36 0.25 3.09 0.04 0.05 1L3+OOE 0+00 B ?2 0.1 25 10 51 < S 2 35 0.26 2.94 0.05 0.06 1L3+OOE 0+50SA 0.1 29 18 239 <5 2 44 0.29 4.29 0.08 0.05 1L3+OOE 0+50SB 2 O.I 81 14 274 <5 2 52 0.39 4.46 0.13 0.06 1L3+OOE 1+OOSA ^ 0.1 25 9 244 < 5 1 17 0.34 1.96 0.03 0.08 1L3+OOE 1+OOSB ^ O.I 85 13 520 < 5 2 20 0.36 2.16 0.04 0.07 1L4+OOEO+OOA ^ O.I 27 11 121 < 5 3 31 0.26 3.5 0.06 0.05 1L4+OOE 0+00 B ^ O.I 34 9 77 < 5 2 33 0.29 2.93 0.05 0.06 1L4+OOE 0+50SA O.I 12 12 198 < 5 2 29 0.19 3.65 0.07 0.06 1L4+OOEO+50SB <2 0.1 22 13 131 < 5 2 35 0.29 3.55 0.07 0.08 1L4+OOE 0+80SA <2 O.I 169 8 3831 < S 2 41 0.59 3.81 0.08 0.1 1L4+OOE 0+80SB 317 0.3 263 11 4492 <5 1 40 0.62 4.34 0.1 0.1 1L5+OOE 0+00 A <2 O.I 27 13 127 < 5 2 36 0.24 3.32 0.06 0.05 1L5+OOE 0+00 B O.I 33 12 58 <5 2 34 0.27 3.06 0.06 0.06 1L5+OOE 0+50SA ^ O.I 20 13 356 < 5 1 36 0.19 3.5 0.08 0.04 1L5+OOEO+50SB 34 0.1 30 13 360 <5 3 45 0.24 4.14 0.08 0.05 1L5+OOE 0+85SA <2 O.I 21 9 110 < 5 2 34 0.3 3.13 0.05 0.07 1L5+OOE 0+85SB <2 O.I 31 10 77 <5 2 34 0.34 3.19 0.08 0.09 23

GRID 4 Au Ag Cu Pb Zn As Mo Ni Ca Fe K Na Sample Name ppb ppm ppm ppm ppm ppm ppm ppm /o "/o ©/o "/o 4LO+OOE 0+00 A O.I 27 19 119 <5 3 42 0.22 4.42 0.12 0.04 4LO+OOE 0+00 B 2 O.I 104 17 124 <5 4 70 0.39 5.26 0.34 0.07 4LO+OOE 0+50NA 97 0.1 50 17 88 < 5 2 58 0.36 4.33 0.13 0.07 4LO+OOE 0+50NB 0.1 75 22 105 <5 3 62 0.39 5.27 0.13 0.07 4LO+OOE 0+50SA 0.1 24 18 122 < 5 2 48 0.21 3.64 0.09 0.05 4LO+OOE 0+50SB 10 O.I 135 18 109 <5 2 77 0.37 4.33 0.14 0.07 4L1+OOEO+OOA 0.1 16 18 166 <5 3 36 0.17 3.63 0.1 0.04 4L1+OOEO+OOB ^ 30 14 115 <5 3 44 0.26 3.78 0.09 0.05 4L1+OOEO+50NA ^ 0.1 14 16 92 <5 1 33 0.15 3.18 0.07 0.04 4L1+OOE 0+50NB O.I 36 13 75 <5 2 41 0.23 3.84 0.1 0.05 4L1+OOE 0+50SA ^ O.I 20 14 68 < 5 4 46 0.2 3.93 0.07 0.05 4L1+OOEO+50SB ^ O.I 31 10 49 <5 2 45 0.29 3.46 0.09 0.06 4L2+OOE 0+00 A ^ O.I 61 19 82 < 5 3 64 0.34 4.77 0.17 0.06 4L2+OOE 0+00 B ^ O.I 101 22 82 <5 4 77 0.46 4.94 0.2 0.07 4L2+OOE 0+50NA O.I 70 15 79 < 5 4 52 0.79 3.45 0.17 0.06 4L2+OOE 0+50NB <2 O.I 139 18 61 <5 3 82 0.73 4.07 0.31 0.08 4L2+OOE 0+50SA ^ O.I 40 14 80 <5 3 51 0.25 4.21 0.11 0.05 4L2+OOE 0+50SB <2 O.I 39 15 71 <5 3 46 0.27 3.63 0.11 0.05 4L3+OOE 0+00 A <2 O.I 36 10 38 < 5 1 39 0.34 3.03 0.08 0.07 4L3+OOE 0+00 B O.I 39 11 40 <5 2 48 0.37 3.12 0.11 0.07 4L3+OOE 5+50SA <2 O.I 16 12 67 < 5 3 37 0.24 3.48 0.08 0.05 4L3+OOE 5+50SB <2 O.I 31 13 54 <5 3 49 0.3 3.45 0.1 0.05 4L3+OOE 1+50SA ^ O.I 28 11 69 <5 2 31 0.42 3.1 0.14 0.05 4L3+OOE 1+50SB <2 O.I 43 13 72 <5 2 47 0.48 4.12 0.17 0.06 4L4+OOE 0+00 A O.I 12 6 28 < 28 0.27 2.49 0.06 0.06 4L4+OOE 0+00 B <2 O.I 52 12 51 <5 3 48 0.44 3.6 0.22 0.08 4L4+OOE 0+50SA <2 O.I 28 15 87 < 5 2 51 0.23 4.14 0.1 0.05 4L4+OOE 0+50SB <2 O.I 63 13 67 <5 3 57 0.33 4 0.16 0.06 24

ROCK SAMPLE RESULTS

Note: Results from the following elements were included in the iPl ICP rock sample analysis but excluded from this Appendix as they were not consider either anomalous or relevant. Excluded elements were: Sb, Hg, Tl, Bi, Cd, Co, Ba, W, W, Cr, V, Mn, La, Sr, Zr, Se, Ti, Al, Mg, P.

Certificated 03H1216 Client: Orequest Consultants Ltd. Project: BANDORE No. of Samples: 6 Date In: Aug01,2003 Date Out: Aug 08, 2003 Sample Au Ag Cu Pb Zn As Mo Ni Ca Fe K Na Number ppb ppm ppm ppm ppm ppm ppm ppm "/o 07o "/o "/o 88515 334 1 26 9 414 ^ 2 4 0.46 1.88 0.13 0.09 88516 10650 30.5 105 49 491 ^ 2 4 0.84 4.19 0.14 0.08 88518 5260 11.2 59 10 171 ^ 2 ci 0.26 2.94 0.13 0.08 88519 2770 9.2 132 4 374 ^ 2 2 0.66 4.33 0.14 0.08 88521 1630 4.2 112 13 1877 ^ 1 7 0.15 4.05 0.15 0.07 88522 44 0.4 44 3 62 ^ 2 27 3.39 3.25 0.16 0.1

METALLIC SCREEN ROCK SAMPLE RESULTS

Certificated 03H1222 Client: Orequest Consultants Ltd. Project: BANDORR No. of Samples: 2 Date In: Aug O l, 2003 Date Out: Aug 11,2003

Sample Total +150M -150M Au+150 Au-150 Au Total Name Sample g Sample g Sample g g/t g/t g/t 88517 975.96 13.88 962.08 149.55 31.05 32.73 88520 1123.2 49.96 1073.24 16.9 8.85 9.21

Sample Au Ag Ag Cu Pb Zn As Ca Fe Na Name g/t g/t ppm ppm ppm ppm ppm "/o "/o "/o 88517 33.3 75.2 68 47 15 156 0.63 9.46 0.06 88520 9.7 25.7 24 153 11 590 ^ 1.96 7.81 0.05 Note: Results from the following elements were included in the iPl ICP analysis of the rock samples but excluded from this Appendix as they were not consider either anomalous or relevant. Excluded elements were: Mo, Ni, Sb, Hg, Tl, Bi, Cd, Co, Ba, W, W, Cr, V, Mn, La, Sr, Zr, Se, Ti, Al, Mg, K, P. 25

APPENDIX HI iPL ANALYTICAL PROCEDURES 26

APPENDIX m- iPL ANALYTICAL PROCEDURES

1. METHOD OF 30 ELEMENT ANALYSIS BY AQUA REGIA DIGESTION/ICP

(a) 0.50 grams of sample is digested with diluted Aqua Regia solution by heating in a hot water bath, at about 95 Celsius for 90 minutes, then cooled and bulked up to a fixed volume with de-mineralized water, and thoroughly mixed. Digested samples are let settled over night to separate residue from solution. (b) The specific elements are determined using an Inductively Coupled Argon Plasma spectrophotometer. All elements are corrected for inter-element interference. All data are subsequently stored onto computer diskette.

Quality Control The machine is first calibrated using three known standards and a blank. The test samples are then run in batches.

A sample batch consists of 38 or less samples. Two tubes are placed before a set. These are an In-house standard and an acid blank, which are both digested with the samples. A known standard with characteristics best matching the samples is chosen and placed after every fifteenth sample. After every 38th sample (not including standards), two samples, chosen at random, are re- weighed and analyzed. At the end of a batch, the standard and blank used at the beginning is rerun. The readings for these knowns are compared with the pre-rack knowns to detect any calibration drift.

Note: Some elements may not be completely digested

2. METHOD OF GOLD ANAL YSIS B Y FIRE ASSA Y/AAS

(a) 10.00 to 30.00 grams of sample was weighed into a fusion pot which contained a combination of fluxes such as lead oxide, sodium carbonate, borax, silica flour, baking flour or potassium nitrate. After the sample and fluxes had been mixed thoroughly, some silver inquart and a thin layer of borax was added on top. (b) The sample was then charged into a fire assay furnace at 2000 F for one hour, at this stage, lead oxide would be reduced to elemental lead and slowly sunken down to the bottom of the fusion pot and collected the gold and silver along the way. (c) After one hour of fusion, the sample was then taken out and pour into a conical cast iron mould, the elemental lead which contained precious metals would stayed at the bottom of the mould and any unwanted materials called slag would floated on top and removed by hammering, a "lead button" is formed. (d) The lead button was then put back in the furnace onto a preheated cupel for a second stage of separation, at 1650 F, the lead button became liquefied and absorbed by the cupel, but gold and silver which had higher melting points would stayed on top of the cupel. (e) After 45 minutes of cupellation, the cupel was then taken out and cooled, the dore bead which contained precious metals was then transferred into a test tube and dissolved in hot Aqua Regia solution heated by a hot water bath. fi* . -- - -

27

(f) The gold in solution is determined with an Atomic Absorption spectrometer. The gold value, in parts-per-billion, or grams-per-tonne is calculated by comparison with a set of known gold standards.

Quality Control Every fusion of 24 pots contains 22 samples, one internal standard or blank, and a random reweigh of one of the samples. Samples with anomalous gold values greater than 1000 ppb are automatically checked by Fire Assay/AA methods. Samples with gold values greater than 10000 ppb are automatically checked by Fire Assay/Gravimetric methods.

3. METHOD OF METALLIC GOLD ANALYSIS BY FIRE ASSAY

Sample preparation: (a) Samples are crushed to -10 mesh, riffle split into 250 grams and pulverized, The coarse fraction is then screened out by using a 150 mesh size screen. The entire +150 mesh and a portion of minus are assay separately and a combined total gold in g/mt is calculated based on the weight of both fraction. (b) 20 to 30 grams of samples was weighed into a fusion pot with fluxes such as lead oxide, sodium carbonate, borax, silica flour, baking flour or potassium nitrate. After the sample and fluxes had been mixed thoroughly, some silver inquart and a thin layer of borax was added on top. (c) The sample was then charged into a fire assay furnace at 2000 F for one hour, at his stage, lead oxide would be reduced to elemental lead and slowly sunken down to the bottom of the fusion pot and collected the gold and silver along the way. (d) After one hour of fusion, the sample was taken out and pour into a conical cast iron mould. The elemental lead which contained precious metals would stayed at the bottom of the mould and any unwanted materials called slag would floated on top and removed by hammering, a "lead button" is formed. (e) The lead button was then put back in the furnace onto a preheated cupel for a second stage of separation, at 1650 F, the lead burton became liquefied and absorbed by the cupel, but gold and silver which had higher melting points would stayed on top of the cupel. (f) After 45 minutes of cupellation, the cupel was then taken out and cooled, the dore bead which contained precious metals was then weighed and transferred into a test tube and dissolved in hot Aqua Regia solution heated by a hot water bath. (g) The gold in solution is determined with an Atomic Absorption spectrometer. The gold value, in parts-per-billion, or grams-per-tonne is calculated by comparison with a set of known gold standards.

Quality Control Every fusion of 24 pots contains 22 samples, one internal standard or blank, and a random reweigh of one of the samples. Samples with anomalous gold values greater than 500 ppb are automatically checked by Fire Assay/AA methods. Samples with gold values greater than 10000 ppb are automatically checked by Fire Assay/Gravimetric methods. i Columbia Slreet CERTIFICATE OF ANALYSIS Vancouver. B.C. iI©LU3HI222 Canada V5Y 3E1 Phone (00-1) 879-7070 F ux (G04) 079-7090 F.rnail iplabOtolns nel Orcquest Consultants 26332 60 Samples Out: Aug 11, 2003 In: Aug 01, 2003 Page l of ||2 [122218:06:15:30081103:001] Project : BANDORE Shipper : George Cavey CODE AMOUNT TYPE PREPARATION DESCRIPTION PULP REJECT Shipment: P00: BZ11 2 Rock crush, split K pulverize 1211/Dis 03M/D1S Comment: B11100 58 Soil Dry 4 sift to -00 mesh, discard reject. IZM/Dis OOM/Dis NS-llo Sample Rep-flepHcate M-Honth Dis-t)1scard A ttfiltrf inol Cit **i**i n t-*r AnalyslVrAu(M©ciaVlic)"©Au(FAyAAii 30g) 1 ICT(AqU)30 tt Code Method Units Description Element Limit Limit Low High Document Distribution m51 080Z Spec Smpl g Total Weight (Z Decimal) Wt 0.01 99999.00 l Orequest Consultants Ltd. EH RT CC IN FX 02 080Z Spec Smpl g Weight (2 Decimal) wt 0.01 99999.00 306 - 595 Howe Street 11121 03 0802 Spec Smpl g -150H sample Weight (2 Decimal) wt 0.01 99999.00 Vancouver DL 3D EH BT BL 04 036B FA/AAS g/mt +150H Au Fire Assay g/mt Gold 0.01 10000.00 B.C. V6C 2T5 00100 05 0368 FA/AAS g/mt -150M Au Fire Assay g/mt Gold 0.01 10000.00 Canada At t: George Cjvey Ph:604^88-6788 06 0368 FA/AAS g/mt Total Au Fire Assay g/mt Gold 0.01 10000.00 Fx:6047688-9727 07 0364 FAGrav g/mt Au FA/Grav in g/mt Gold 0.07 9999.00 Em: gcaveyPorequest . com 08 0354 FAGrav g/mt Ag FA/Grav 1n g/mt Silver 0.3 9999.0 09 0313 FA/AAS ppb Au FA/AAS finish 30g Gold Z 10000 10 0721 ICP ppm Ag ICP Silver 0.1 100.0 11 0711 ICP ppm Cu ICP Copper 1 10000 12 0714 ICP ppm Pb ICP Lead 2 10000 13 0730 ICP ppm Zn ICP Zinc 1 10000 14 0703 ICP ppm As ICP Arsenic 5 10000 15 0702 ICP ppm Sb ICP Antimony 5 2000 s 16 0732 ICP ppm Mg ICP Mercury 3 10000 17 0717 ICP ppm Mo ICP Molydenum 1 1000 18 0747 ICP ppm Tl ICP (Incomplete Digestion) Thallium 10 1000 19 0705 ICP ppm B1 ICP Bismuth 2 2000 20 0707 ICP ppm Cd ICP Cadmium 0.2 2000.0 21 0710 ICP ppm Co ICP Cobalt 1 10000 22 0718 ICP ppm N1 ICP Nickel 1 10000 23 0704 ICP ppm Ba ICP (Incomplete Digestion) Barium 2 10000 24 0727 ICP ppm W ICP (Incomplete Digestion) Tungsten 5 1000 25 0709 ICP ppm Cr ICP (Incomplete Digestion) Chromium 1 10000 26 0729 ICP ppm V ICP (Incomplete Digestion) Vanadium 1 10000 27 0716 ICP ppm Mn ICP Manganese *- 1 10000 28 0713 ICP ppm La ICP (Incomplete Digestion) Lanthanum 2 10000 29 0723 ICP ppm Sr ICP (Incomplete Digestion) Strontium 1 10000 30 0731 ICP ppffl Zr ICP (Incomplete Digestion) Zirconium 1 10000 31 0736 ICP ppm Se ICP Scandium 1 10000 32 0726 ICP * T1 ICP (Incomplete Digestion) Titanium 0.01 10.00 33 0701 ICP 1 Al ICP (Incomplete Digestion) Aluminum 0.01 10.00 34 0708 ICP * Ca ICP (Incomplete Digestion) Calcium 0.01 10.00 35 0712 ICP * Fe ICP (Incomplete Digestion) Iron 0.01 10.00 36 0715 ICC t Mg ICP (Incomplete ©.©xjestion) Maonffs iiifti /fi) 01 ft 10.00 l N l v .ii-pir © K l Id p :: V.©. i" IN - i h l j i!03G Columbia SUocl CERTIFICATE OF ANALYSIS Vancouver, D.C iPL 03111222 Canada V5Y 3E1 Chone (604) 879-7878 Fax nmmwnoxM PIMMA uioMnxt uo (604) 879-7890 tlmoil iplab@lelus riel Orcquest Consultants Ltd. 60 Samples Out: Aug 11. 2003 In: AugOl. 2003 Page 2 of (2 [122218:06:15:30081103:001] Project : BANDORE Shipper : George Cavey Code Method Units Description Element Limit Limit Shipment: PW: Low High Comment: 0720 ICP * K 1CP (Incomplete Digestion) Potassium 0.01 10.00 0722 ICP X Na ICP (Incomplete Digestion) Sodium 0.01 10.00 0719 ICP * P ICP Phosphorus 0.01 B.00

Document Distribution- 1 Orequest Consultants Ltd. EN RT CC IN FX 306 - 595 Howe Street 11121 Vancouver OL 3D EH BT BL B.C. V6C 2T5 00100 Canada Att: George Cavey Ph:60V68B-6788 Fx:604X688-9727 Em: gcaveytforequest.com

l!© i©036 Columbia SlietM CERTIFICATE OF ANALYSIS V.©i©icijuvci. H C il©L 03111222 C;iiiadaV!iY 3H lw W JRiww* Phone (004) 879-7070 Fax (604)079-7890 Ginail iplabfllRlijs.nel Client : Orequest Consultants Ltd. 60 Samples Out: Aug 111. 2003 Page l of 2 Project: BAIIDORR 2-Rock 58-Soll [122216:57:24:30081103:001]- In : Aug 01, 2003 Section l of 3 Sample Name Type Total +150M -150H Au+150 Au- 150 Au Ttl Au Ag Au Ag Cu Pb Zn As Sb Mg Smpl g Smpl g Smpl g g/mt g/mt g/mt g/mt g/mt I'l'b ppm ppm ppm ppm ppm ppm ppm 88517 Rock 975.96 13.88 962.08 149.55 31.05 32.73 33.30 75.2 _ 68.0 47 15 156 '5 '5 '3 88520 Rock 1123.20 49.96 1073.24 16.90 8.85 9.21 9.70 25.7 ..— 24.0 153 11 590 '5 '5 '3 1L1+OOE 0+OOSA *2 0.1 29 9 45 '5 '5 '3 1L1+OOE 0+OOSB Soil •c? 0.1 53 13 53 '5 '5 '3 1L1+OOE 0+50SA Soil 4 0.2 15 15 42 '5 ^ '3 1L1+OOE 0+50SB Soil ^ 0.2 21 14 43 '5 '5 '3 1L1+OOE 1+OOSA Soil — — — — — — — — ^ 0.1 32 11 176 '5 ^ '3 1L1+OOE 1+OOSB Soil 2 0.1 33 15 92 '5 ^ '3 1L2+OOE 0+00 A Soil ?09 1.0 39 11 67 '5 ^ '3 1L2+OOE 0+00 B 163 0.5 5-1 14 277 '5 '5 '3 1L2+OOE 0+50SA Soil ^ 0.1 33 13 46 '5 '5 ^ 1L2+OOE 0+50SB Soil 4 '0.1 44 10 38 '5 '5 '3 1L2+OOE 1+OOSA Soil 2 '0.1 20 17 181 '5 ^ '3 1L2+OOE 1+OOSB Soil — — — — — — — — 12 0.1 4-1 12 108 '5 ^ '3 1L3+OOE 0+00 A Soil '2 'O.i 23 12 57 '5 '5 '3 1L3+OOE 0+00 B -. Soil <2 0.1 25 10 51 '5 '5 '3 1L3+OOE 0+50SA Soil '2 '0.1 29 18 239 '5 ^ '3 1L3+OOE 0+50SB Soil <2 'O.i 01 14 274 '5 '5 '3 1L3+OOE 1+OOSA Soil — — — _-_____ -.2 0.1 25 9 244 '5 ^ '3 1L3+OOE 1+OOSB Soil <2 <0.1 85' ' 13 520 '5 *5 '3 1L4+OOE 0+00 A Soil <2 'O.i 27 11 121 '5 '5 '3 1L4+OOE 0+00 B Soil — — — — — — — — '2 'O.i 34 9 77 '5 ^ '3 1L4+OOE 0+50SA Soil <2 <0.1 12 12 198 '5 '5 '3 1L4+OOE 0+50SB Soil <2 '0.1 22 13 131 '5 ^ '3 1L4+OOE 0+80SA Soil <2 '0.1 169 3 3831 '5 ^ '3 1L4+OOE 0+80SB Soil 317 0.3 263 11 4492 '5 ^ '3 1L5+OOE 0+00 A Soil — — — — — — — —. '2 '0.1 27 13 127 '5 '5 '3 1L5+OOE 0+00 B Soil '2 '0.1 33 12 58 '5 '5 '3 1L5+OOE 0+50SA Soil <2 '0.1 20 13 356 '5 '5 '3 1L5+OOE 0+50SB Soil 3* 0.1 30 13 360 '5 '5 '3 1L5+OOE 0+85SA Soil '2 '0.1 21 9 110 '5 '5 '3 1L5+OOE 0+85SB Soil '2 '0. 31 10 77 '5 '5 '3 410+OOE 0+00 A Soil <2 '0. 27 19 119 '5 '5 '3 4LO+OOE 0+00 B Soil — — — _____ <2 '0. 104 17 124 '5 '5 '3 4LO+OOE 0+50NA Soil 97 '0. 50 17 88 '5 '5 '3 4LO+OOE 0+50NB Soil <2 0. 75 22 105 '5 '5 '3 4LO+OOE 0+50SA Soil *2 0. H 18 122 '5 *5 '3 4LO+OOE 0+50SB Soil — — .,. — .... — — 10 '0. 135 in 109 '5 '5 '3 4l)*OOE 0+00 A Soil <2 O.I 16 18 166 '-5 •-•5 O

Him"! i"! |)P! J M ion o.o) o.t'i o.;.1 : o.yi o.ui o 01 o o- l Md* ir ."i Dot"1. 1. 'en sij'J-y no y-."-'-* op -©^ f. looon.or i;n!0!! OD mooo.oo 99^ ;m .'.' v Met' : 2036 Columbia Slieel CERTIFICATE OF ANALYSIS Vancouver, G.C. iPL 03111222 Canada V5Y 3t l Phone (604) 079-7070 Tax (601) 879-7898 INnillllllONU PIUMA UtOUIOH 110 :iient : Orequest Consultants Ltd. 60 Samples Out : Aug li 2003 Page 1 of 2 Project: BANDORR 2-flock 58-Soll r.l22216:57:24:300U1103:001] In : Auq 01. 2003 Section 2 of 3 Sample Name Ho Tl B1 Cd Co Ni Ba VI Cr V Mn La Sr Zr Se li Al Ca Fe Mg ppn ppm ppm ppm ppm ppm ppm ppra ppm ppm ppm ppm ppm ppm \ \ K 88517 3 •UO ^ *0.? 9 4 4 ,e5 46 9 327 3 31 10 ^ "0.01 0.79 0.63 9.46 0.47 88520 5 •UO ^ ^.2 li •a 24 ^ 46 16 966 3 79 8 •:1 •:0.01 1.27 1.96 7.81 0.69 1L1+OOE 0+OOSA 2 •ao ^ ^.2 19 39 120 ^ 52 142 323 13 3? 7 4 0.20 1.B6 0.80 3.30 0.90 1L1+OOE 0+005B 3 t!0 <2 ^.2 21 37 201 •e5 51 139 557 24 40 7 7 0.17 2.30 0.91 3.57 0.85 1L1+OOE 0+50SA 2 1 10 *2 "0.2 14 25 64 ^ 26 118 142 8 16 3 2 0.14 1.63 0.35 2.37 0.34 1L1+OOE 0+50SB 1 •ao <2 *0.2 13 29 75 ^ 30 120 136 9 21 3 3 0.15 1.79 0.44 2.31 0.41 1H+OOE 1+OOSA 3 *10 <2 e0.2 22 44 136 ^ 49 159 226 8 12 6 3 0.18 2.83 0.25 4.12 0.62 1L1+OOE 1+OOSB 2 ^0 ^ "0.2 18 39 92 ^ 40 140 225 10 14 7 3 0.15 2.42 0.27 3.25 0.52 1L2MJOE 0+00 A 2 ^0 ^ "0.2 14 22 66 c5 25 74 190 11 7 5 2 0.08 2.32 0.17 2.03 0.44 1L2+OOE 0+00 B 2 •ao ^ *0.2 13 12 66 ^ 17 39 338 13 6 5 2 0.03 1.76 0.09 2.68 0.41 1L2+OOE 0+50SA 2 *10 *2 "0.2 19 36 72 *5 42 176 197 10 10 7 4 0.17 2.61 0.27 3.27 0.56 1L2+OOE 0+50SB 2 •00 <2 ^.2 17 33 50 *5 36 199 197 13 12 8 3 0.1B 2.23 0.34 3.22 0.54 1L2+OOE 1+OOSA 2 *10 <2 ^.2 19 37 78 ^ 47 176 239 11 11 4 4 0.16 3.14 0.24 3.89 0.66 1L2+OOE 1+OOSB 2 <10 <2 ^.2 27 54 61 *5 51 352 348 11 13 6 4 0.28 2.09 0.34 5.07 0.69 1L3+OOE 0+00 A 2 <10 ^ ^.2 17 36 93 *5 44 126 176 9 14 , 4 3 0.16 2.58 0.25 3.09 0.49 1L3+OOE 0+00 B '\ 2 <10 <2 *0.2 17 35 95 <5 42 121 177 8 14 5 3 0.15 2.50 0.26 2.94 0.48 1L3+OOE 0+50SA 2 •ao <2 ^.2 17 44 183 c5 54 141 233 10 17 4 3 0.15 3. 87 0.29 4.29 0.65 1L3+OOE 0+50SB 2 *10 <2 ^.2 28 52 169 t5 91 172 566 12 17 6 f. 0.23 3.36 0.39 4.46 1.11 1L3+OOE 1+OOSA 1 <10

Minimum Deled icn 0.' . .'i 1 1 0.01 iiixTinuni iJetficl i. M u . 00 •O-M 203(3 Columbia Slieol CERTIFICATE OK ANALYSIS Vancouver, l). C. il'L 03111 222 Canada V5Y3C1 MSfi*36* Phone (604) 879-7078 ^(W "W *Tf " IP Tax (604) 879-7090 INtltNtllOMU PIAIM* lAIOUtOIT HO Email iplabOlalus riel Client : Orequest Consultants Ltd. 60 Samples Out: Aug \ l!. ?003 Page 2 of 2 Voject: BANDORR 2-Rock 58=5011 [122216:57:24:30081103:001] In : Aug 01. 2003 Section 1 of 3

Sample Name Type Total +150H -150H Au+150 Au-150 Au Ttl Au Ag Au Ag Cu Pb Zn As Sb Hg Smpl g Smpl g Smpl g g/mt g/mt g/mt g/mt g/mt ppb ppm ppm ppm ppm ppro ppm ppm

4L1+OOE 0+00 B Soil _ _ . _ _ .— _ . — r-2 ^0 1 30 14 115 *5 ^ c3 4L1+OOE 0+50N Soil —— — — —— — — . .. — <2 cQ.l 14 16 92 ^ ^ *3 4U+OOE 0+50 B Soil — — — — — — .- t? eQ.l 36 13 75 *5 ^ O 4L1+OOE 0+50SA Soil — — ~ .... — — *2 <0.1 20 14 68 ^ <5 O 4L1+OOE 0+50SB Soil — — — — .- — ... <2 cO.l 31 10 49 ^ *5 <3

4L2+OOE 0+00 A Soil — — — _____<2 .cO.l 61 19 02 t5 ^ ^ 4L2+OOE 0+00 B Soil — — — — — — — _<2<0.1 101 22 82 <5 <5 <3 412+OOE 0+50NA Soil — — — — _ — _ _ <2<0.1 70 15 79 ^ *5 <3 4L2+OOE 0+50NB Soil — — ______^ *0 . l 139 18 61 *5 <5 0 4L2+OOE 0+50SA Soil — — — — — — — — '-2 0.1 40 14 80 ^ <5 <3

4L2+OOE 0+50SB Soil — — — — — — — — <2 *0.1 39 15 71 <5 *5 <3 4L3+OOE 0+00 A Soil — — — — — — — — <2 tfl.'l 36 10 38 •^5 *5 O 4L3+OOE 0+00 B Soil — — — — .- — - ^2 ^.1 39 11 40 ^ <5 <3 4L3+OOE 5+50SA Soil _ _ _ _. _ _ . _ _ <2 *: 0 1 16 12 67 <5 <5 *3 4L3+OOE.5+50SB Soil . _. ^^ ._ . ^^^ ^^ ^ _ . _ _ ^2

4L3+OOE 1+50SA-; Soil ^^ ,_ _,. _ _ ^_ _ _ ^2 <^ i 28 11 69 <5 t 5 f 3 4L3+OOE 1+50SB Soil ^_ , ^.^ ^^, . _ . ._ ._ _ _ ^2 en 1 43 13 72 *5 ^5 <3 4L4+OOE 0+00 A Soil ——_ —_- _ —— — — —- .p.^- *,^c y -*uc n 1 1i 12 6 20 ^ <5 <3 4L4+OOE 0+00 B Soil — — — — — — _ _ c2 <0.1 52 12 51 <5 <5 ^ 4L4+OOE 0+50SA Soil — — — — — — — — c2 ^.1 28 -' 15 87 <5 <5 <3

4L4+OOE 0+50SB Soil 63 13 67 <5 *5 <3

Minimum Oeiec* ". " * 5.01 C. 01 0.01 01 0.01 0 L'i l'. 'J/ 0 J -' 1 i i fi i) i •'lAxifljim Di' t ("ri : : : ojiiso oo ?c?9y oy -.^^99 o"- ; ;'"'- oo ;^;i;fio IK; liioiu; u:; --vy) ov ••••w o i^r" * -HM i'lOl'O .^'00 i""'.".' Mi'lltOi) i i iUJo LoiuinUia btieel CERTIFICATE OF ANALYSIS Vancouver DC. il©LU3H1222 Conacta V5Y 3E t 9Jjf P~ WPS* Phone (004) 0/9-7870 fax (GO'1) 0/9-7U9U H* UHOIUIOM no ;iient : Orequest Consultants Ltd. 60 Samples Oul: Aug 1 1 4 P003 Page 2 of 2 'reject: BANDORR 2^ock 58-Soil [122216: 57:24:30081103:001] In : Any 01. 2003 Section 2 of 3 Sample Name Ho Tl Bi Cd Co Ni Ba W Cr V Mn La Sr Z r Se Ti A) Ca Fe Mg ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm * V V 4L1+OOE 0+00 B 3 •40 <2 0.2 20 44 129 •5 52 135 343 11 10 6 4 0.15 3.21 0.26 3.78 0.70 4L1+OOE 0+50N 1 "10 ^ <0.2 17 33 151 •5 42 104 208 9 10 5 3 0.12 2.99 0.15 3.18 0.56 4L1+OOE 0+50 B 2 "10 ^ •0.2 23 41 114 •5 57 .196 256 11 11 9 4 0.20 2.65 0.23 3.84 0.75 4L1+OOE 0+50SA 4 •40 •2 •0 2 22 46 103 •5 50 188 259 8 9 5 3 0.18 2.74 0.20 3.93 0.57 4L1+OOE 0+50SB 2 •40 •2 '0.2 21 45 97 •5 49 187 250 9 10 6 4 0.18 2.40 0.29 3.46 0.65 4L2+OOE 0+00 A 3 •40 •2 •O.? 28 64 110 •5 83 179 323 10 13 7 5 0.22 3.34 0.34 4.77 1.02 4L2+OOE 0+00 B 4 <10 •2 *0.2 34 77 102 5 102 171 377 15 16 7 7 0.23 3.85 0.46 4.94 1.28 4L2+OOE 0+50HA 4 <10 <2 •0.2 24 52 165 5 65 116 382 55 27 4 5 0.16 2.71 0.79 3.45 0.90 4L2+OOE 0+50NB 3 <10 *2 *0.2 26 82 160 •5 91 136 395 57 24 5 9 0.21 3.27 0.73 4.07 1.26 4L2+OOE 0+50SA 3 . <10 •2 *0.2 27 51 104 •5 65 162 209 9 11 6 4 0.19 3.18 0.25 4.21 0.72 4L2+OOE 0+50SB 3 • 10 •2 •0.2 22 46 80 •5 55 152 199 11 13 5 4 0.18 2.68 0.27 3.63 0.64 4L3+OOE 0+00 A 1 <10 •2 e0.2 17 39 86 •5 42 152 205 10 17 8 4 0.18 2.67 0.34 3.03 0.62 4L3+OOE 0+00 B 2 <10 •2 *0.2 19 48 95 •5 55 150 232 12 18 7 4 0.19 2.33 0.37 3.12 0.79 4L3+OOE 5+50SA 3 •40 •2 *0.2 18 37 123 •5 43 150 244 7 11 4 2 0.1C 2.27 0.24 3.48 0.57 4L3+OOE 5+SOSB 3 <10 •2 *0.2 22 49 1ZO •5 49 162 239 7 13 5 3 0.17 2.65 0.30 3.45 O.G6 4L3+OOE 1+50SA 2 •10 •2 •O. 2 18 31 82 •5 54 140 430 8 15 5 3 0.19 1.56 0.42 3.10 0.74 4L3+OOE 1+50SB ~ 2 <10 •2 •0.2 23 47 119 •5 72 162 3-19 10 16 7 4 0.21 2.44 0.48 4.12 1.03 4L4+OOE 0+00 A •4 <10 •2 *0.2 13 28 46 •5 27 156 200 6 11 4 2 C. 13 1.24 0.27 2.49 0.39 4L4+OOE 0+00 B 3 •10 •2 0.2 23 48 97 •5 59 160 361 14 22 9 5 0.19 2.69 0.44 3.60 1.00 4L4+OOE 0+50SA 2 •10 •2 •O. 2 21 51 127 •5 56 160 240 8 12 6 4 (M7 3.06 0.23 4.14 0.71 4L4+OOE 0+50SB 3 27 57 75 •5 59 225 335 10 11 7 4 0.21 2.11 0.33 4.00 0.79

•t MV Mm Deiection 1 lu i' U , i 1 5 J 1 i 1 1 i 0.0! 0.01 o c: fi. t i 0 01 M,.. .Mm |V-r eel mn 1000 loon ?nno ?orn i liiOC'O j, moo 1000 10000 10000 HUM,,. •COi. .ii noo 10. ("J 10 ('l.1 i,.-. .-.. ...p i' -"i ...p !C v. i C' o;; ;r.p : ;.T I.I 1 1 . 1 1 '. * l).l. ' Mr i 2030 Columbia SUcnl CERTIFICATE OF ANALYSIS Vancouver. 13.C il©L 03111222 Canada V5Y 3E l Phone (604) 079-7870 Fax (G04) 879-7B90 Client : OrequeU Consultants Ltd. 60 Samples Out: Aug HI. 2003 Page 2 of 2 Project: BANDOftf 2-Rock 58-Soll [122216:57:24:30081103:001] In : Aug 01. 2003 Section 3 of 3 i i Sample Name K Na P l l 4L1+OOE 0+00 B 0.09 0.05 0.10 t 411+OOE 0+50N 0.07 0.04 0.04 4L1+OOE 0+50 B 0.10 0.05 0.05 r 4L1+OOE 0+50SA 0.07 0.05 0.05 4L1+OOE 0+50SB 0.09 0.06 0.04 4L2+OOE 0+00 A 0.17 0.06 0.04 , 4L2+OOE 0+00 B 0.20 0.07 0.06 1 4L2+OOE 0+50NA 0.17 0.06 0.04 4L2+OOE 0+50NB 0.31 0.08 0.06 t1 4L2+OOE 0+50SA o.ir 0.05 0.03 l 4L2+OOE 0+50SB 0.11 0.05 0.02 | 4L3+OOE 0+00 A 0.08 0.07 0.04 ( 4L3+OOE 0+00 B 0.11 0.07 0.04 l 4L3+OOE 5+50SA 0.08 0.05 0.03 4L3+OOE 5+50SB ' 0.10 0.05 0.04 , i 4L3+OOE 1+50SA. 0.14 0.05 0.02 , 4L3+OOE 1+50SB ~ 0.17 0.06 0.03 * 4L4+OOE 0+00 A 0.06 0.06 0.03 j 4L4+OOE 0+00 B 0.22 0.08 0.05 : 4L4+OOE 0+50SA 0.10 O.OS 0.06 C 4L4+OOE 0+50SB 0.16 0.06 0.05 1

f J i;r

i

i

'••n imuii. Detect u-n 0.01 a. ui 0.01 "..)-imuif LVUU'c: 10.00 10.00 '. Hit ' ' Ml"! ir? i C" j.":1 2036 Columbia Stioel CERTIFICATE OF ANALYSIS Vancouver, B.C. iPL 03H1216 Canada V5Y 3E1 Phone (604) 879-70/8 Fax (604) 879-7898 INTERNATIONAL PLASMA LABORATORY LTD Email iplab@telns nnl Orequest Consultants Ltd. 6 Samples Out: Aug 08. 2003 In: Aug 01. 2003 [121615:04:49:30080803:001] rrujeti. : onnuunc Shipper : David Gunning CODE AMOUNT TYPE PREPARATION DESCRIPTION PULP REJECT Shipment: P0#: B211 6 Rock crush, split 4 pulverize 12M/D1S OSM/Dis Coninicnt: NS=No Sample Rep=Replicate M=Month Dis~Discard A li olirtlf**ll di j— 1 11 di y 1. 1 V.H1 ILJ UIIIHIKIBtnrkionr T —————————————————————————————————————————————————— " ———————— —————————————————————————————————————————————————————————————————————————————————————————————————————————— Analysis: ICP(AqR)30 Au(FA7AAS 30g) 1

m Code Method Units Description Element Limit Limit Low High 01 0313 FA/AAS ppb Au FA/AAS finish 30g Gold 2 10000 Document Distribution ———————————— 02 0721 ICP ppm Ag ICP Silver 0.1 100.0 1 Orequest Consultants Ltd. EN RT CC IN FX 03 0711 ICP ppm Cu ICP Copper 1 10000 306 - 595 Howe Street 11121 04 0714 ICP ppm Pb ICP Lead 2 10000 Vancouver DL 3D EM BT BL 05 0730 ICP ppm Zn ICP Zinc 1 10000 B.C. V6C 2T5 00100 Canada 06 0703 ICP ppm As ICP Arsenic 5 10000 Att: George Cavey Ph: 604/688 -6788 07 0702 ICP ppm Sb ICP Antimony 5 2000 Fx: 604/688 -9727 08 0732 ICP ppm Hg ICP Mercury 3 10000 Em: gcaveyPorequest.com 09 0717 ICP ppm Mo ICP Molydenum 1 1000 10 0747 ICP ppm Tl ICP (Incomplete Digestion) Thallium 10 1000 2 D. R. Gunning Consultant EN RT CC IN FX 11001 11 0705 ICP ppm Bi ICP Bismuth 2 2000 Langley DL 3D EM BT BL 12 0707 ICP ppm Cd ICP Cadmium 0.2 2000.0 B.C. 01100 13 0710 ICP ppm Co ICP Cobalt 1 10000 Canada 14 0718 ICP ppm Ni ICP Nickel 1 10000 Att: David Gunning Ph 1604/533 -5678 15 0704 ICP ppm Ba ICP (Incomplete Digestion) Barium 2 10000 FXI604/533-5648 Em: d gunningPtelus.net 16 0727 ICP ppm W ICP (Incomplete Digestion) Tungsten ' 5 1000 *o\'1^ ' s 17 0709 ICP ppm Cr ICP (Incomplete Digestion) Chromium 1 10000 18 0729 ICP ppm V ICP (Incomplete Digestion) Vanadium 1 10000 19 0716 ICP ppm Mn ICP Manganese 1 10000 st 20 0713 ICP ppm La ICP (Incomplete Digestion) Lanthanum 2 10000 c"v*- 21 0723 ICP ppm Sr ICP (Incomplete Digestion) Strontium 1 10000 ^ (V* 22 0731 ICP ppm Zr ICP (Incomplete Digestion) Zirconium 1 10000 C -~ 23 0736 ICP ppm Se ICP Scandium 1 10000 y; 24 0726 ICP * T1 ICP (Incomplete Digestion) Titanium 0.01 10.00 ' 25 0701 ICP * Al ICP (Incomplete Digestion) Aluminum 0.01 10.00 26 0708 ICP * Ca ICP (Incomplete Digestion) Calcium 0.01 10.00 27 0712 ICP * Fe ICP (Incomplete Digestion) Iron 0.01 10.00 28 0715 ICP X Mg ICP (Incomplete Digestion) Magnesium 0.01 10.00 f~ ^ 29 0720 ICP X K ICP (Incomplete Digestion) V \, Potassium 0.01 10.00 30 0722 ICP * Na ICP (Incomplete Digestion) Sodium 0.01 10.00

31 0719 ICP * P ICP Phosphorus 0.01 5.00 009

'C' " **

| /)

EN=^nvelope# RT^Rcport Style CCK'opies IN=lnvoices Fx=Fax(l=YesO=No) Totals: ^Copy 2^nvoice 1=3 '/i Disk \ sT~~j? [^Download 30=3 M)isk EM^-Mail BT'BBS Type BL~BBS(^ Yes (^No) 10=0)1670103 /2fc\ S * Our liability is limited solely to the analytical cost of these analyses. BC Certified Assaycr: David Chill t g^f*\l ' 2036 Columbia Street CERTIFICATE OF ANALYSIS Vancouver, B.C. iPL 03H1216 Canada V5Y 3E1 Phone (6(M) 879-7078 Fax (604) 879-7890 INTERNATIONAL PI ASMA U60HATOBV IIP Email [email protected] Client : Orequest Consultants Ltd. 6 Samples Out: Aug 08. 2003 Page l of Project: BANDORE 6-Rock [121615:04:49:30080803:001] In : Aug 01, 2003 Section 2 of Sample Name La Sr Zr Se Ti Al Ca Fe Mg Na ppm ppm ppm ppm * * X X X

88515 37 4 l ^.01 17 0.46 1.88 0.57 0.13 0.09 0.05 88516 42 10 04 0.84 4.19 0.57 0.14 0.08 0.04 88518 27 8 o.01 ,n 0.26 2.94 0.60 0.13 0.08 0.04 88519 47 9 a o.01 26 0.66 4.33 0.61 0.14 0.08 0.04 88521 24 8 o.01 1.10 0.15 4.05 0.55 0.15 0.07 0.04

88522 65 11 2 0.01 0.47 3.39 3.25 1.14 0.16 0.10 0.05

Minimum Detection - 2111 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 Maximum Detection 10000 10000 10000 10000 10.00 10.00 10.00 10.00 10.00 10.00 10.00 5.00 Method ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP —^No Test Ins—Insufficient Sample DcHDelay Max=No Estimate Rec=ReClleck n^xlOOO "/(^Estimate "/o NS^o Sample 2036 Columbia Street CERTIFICATE OF ANALYSIS Vancouver, B.C. Canada V5Y 3E1 IPL03H1216 Phono (GO'1) 079-7070 Fax (604)879-7898

INTERNATIONAL PI ASM* lAROHATORY ITD 6 Samples Out: Aug 08 j 2003 Page 1 of 1 Client : Orequest Consultants Ltd. Section 1 of 2 Droject: BANDORE 6-Rock [121615:04:49:30080803:001] In : Aug 01. 2003 Cr V Mn Sample Name Type Au Ag Cu Pb Zn As Sb Hg Mo Tl Bi Cd Co Ni Ba W ppb ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ^ 56 15 453 88515 Rock 334 1.0 26 9 414 ^ <5 ^ 2 ^0 <2 <0.2 7 4 95 llm 30.5 105 49 491 ^ ^ *3 2 ^0 <2 ^.2 7 4 43 ^5 55 8 529 88516 Rock 32 8 449 88518 Rock 5260 11.2 59 10 171 ^ ^ <3 2 ^0 <2 *0.2 5 *1 59 <5 9.2 132 4 374 *5 ^ <3 2 ^0 <2 -^0.2 7 2 49 ^ 58 11 503 88519 Rock 2770 47 11 539 88521 Rock 1630 4.2 112 13 1877 ^ ^ <3 1 <10 ^ 2.9 9 7 70 ^ 37 <5 54 7 840 88522 Rock 44 0.4 44 3 62 ^ ^ <3 2 <10 <2 ^0.2 14 27

**

Minimum Detection 2 0.1 l 2 l 5 5 3 l 10 2 0.2 l l 2 5111 Maximum Detection 10000 100.0 10000 10000 10000 10000 2000 10000 1000 1000 2000 2000.0, 10000 10000 10000 1000 10000 10000 10000 Method FA/AAS ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP ICP "No Test Ins^nsufficienl Sample De^Delay Max=No Estimate Rec=RcCheek m=xlOOO "/^Estimate "/r. NS^No Sample ONTMIO MINISTRY OF NORTHERN DEVELOPMENT AND MINES Work Report Summary

Transaction No: W0340.01495 Status: APPROVED Recording Date: 2003-SEP-19 Work Done from: 2003-JUL-26 Approval Date: 2003-OCT-20 to: 2003-SEP-03

Client(s): 215879 BAND-ORE RESOURCES LTD.

Survey Type(s): ASSAY GCHEM

Work Report Details: Perform Applied Assign Reserve Claim# Perform Approve Applied Approve Assign Approve Reserve Approve Due Date G 4000456 31,482 S1.482 SO SO S 1,482 1,482 SO SO G 4000467 31,483 S1.483 so so S 1,483 1,483 so so G 4040013 S988 S988 so SO 5988 988 so so TB 614741 SO SO 5400 S400 SO 0 SO so 2004-NOV-09 TB 614742 S989 S989 S400 S400 SO 0 S965 S965 2004-NOV-09 TB 614743 30 SO S400 S400 SO 0 SO 50 2004-NOV-09 TB 614744 SO SO S400 S400 SO 0 SO SO 2004-NOV-09 TB 614745 SO SO S400 S400 SO 0 SO SO 2004-NOV-09 TB 614746 SO SO S400 5400 SO 0 SO SO 2004-NOV-09 TB 614747 SO SO S400 5400 SO 0 SO so 2004-NOV-09 TB 614748 SO SO S400 5400 SO 0 SO SO 2005-NOV-09 TB 1187494 5988 S988 S800 5800 SO 0 S965 S965 2005-OCT-01

S5.930 S5.930 54,000 S4.000 53,953 53,953 S1.930 S1.930

External Credits: SO

Reserve: S1 ,930 Reserve of Work Report#: W0340.01495

S1.930 Total Remaining

Status of claim is based on information currently on record.

52B09NE2009 2.26332 CONACHER 900

2003-Oct-24 14:12 Armstrong-d Page 1 of 1 Ministry of Ministere du Northern Development Developpement du Nord and Mines et des Mines Ontario GEOSCIENCE ASSESSMENT OFFICE Date: 2003-OCT-20 933 RAMSEY LAKE ROAD, 6th FLOOR SUDBURY, ONTARIO P3E 6B5

BAND-ORE RESOURCES LTD. Tel: (888) 415-9845 1115 SUTTON DRIVE, SUITE 200 Fax:(877)670-1555 BURLINGTON, ONTARIO L7L 5Z8 CANADA

Submission Number: 2.26332 Transaction Number(s): W0340.01495 Dear Sir or Madam

Subject: Approval of Assessment Work

We have approved your Assessment Work Submission with the above noted Transaction Number(s). The attached Work Report Summary indicates the results of the approval.

At the discretion of the Ministry, the assessment work performed on the mining lands noted in this work report may be subject to inspection and/or investigation at any time. The revisions outlined in the Notice dated September 22, 2003 have been corrected. Accordingly, assessment work credit has been approved as outlined on the Declaration of Assessment Work Form that accompanied this submission.

If you have any question regarding this correspondence, please contact BRUCE GATES by email at [email protected] or by phone at (705) 670-5856.

Yours Sincerely,

Ron C. Gashinski Senior Manager, Mining Lands Section

Cc: Resident Geologist Assessment File Library Robert Leo Duess Band-Ore Resources Ltd. (Agent) (Claim Holder)

Band-Ore Resources Ltd. (Assessment Office)

Visit our website at http://www.gov.on.ca/MNDM/LANDS/mlsmnpge.htm Page: 1 Correspondence 10:18781 Mining Land Tenure ON1MUO CANADA Map

Date ? Time of ll*ut: Mon Od 20 15:04:29 EOT 2003 TOWNSHIP l AREA PLAN CONACHER G-0646

ADMINISTRATIVE DISTRICTS l DIVISIONS Mining Division Thunder Bay Land Titles/Registry Division THUNDER BAY Ministry of Natural Resources District THUNDER BAY

TOPOGRAPHIC Land Tenure

FtoMXKtl SatoM

['2,'j HWw"*. tSRf [S] •~.* rg w

[i "*" B3 - LS "- [SI ** H H "-

: ••n*^* t^/^iWSl •'j LAND TENURE WITHDRAWALS m

IMPORTANT NOTICiS

LAND TENURE WITHDRAWAL DESCRIPTIONS

**rr JifH.SWH "" "fi RtSHtI ONLY WITK*!**t4 CNOM DTAKIHft OMUBH W-TB-1MJ" SEC w* Jw!,*J0i ' 1 91BJI!rlVATW*l#ri(ftM(

Wi Ml.'wt m 10 O) 2.26332 o o GCHEM ASSAY

O l

71700fJE 718000E 71900CS 720000E 721000E

UTM Zano 1& K) JODOm flftf O O General Information and Limitations Area of Mafic Volcanics Main Zone \

tJvj'W//28 ^. \ Mafic Volcanics , ^;;.'" PORPHYRY A

Intermediate VoTcanics N6.2 Grid

Intermediate l Volcanics

No.4 Zone OREOUEST Band-Ore Resources Ltd.

SHEBANDOWAN LAKE PROPERTY Conacher Township G 646

Geological Compilation

52B09NE2009 2.26332 CONACHER 210 General Notes: LEGEND Exposed area consists entirely of feldspar porphyry. Trench Plan x Rock for the most part is massive to weakly sheared, SAMPLE NUMr3ER weakly altered with well preserved porphyritic textures. Trench A 54 (401) XX scale 1:500 More intensely sheared and altered (carbonate sericite) O 5 10 15m zones do occur and are best exposed in the west part of the trench. Sulphide mineralization is erratic, and is generally SCALE confined to sheared and altered sections, where up to 107D pyrite mineralization occurs. Several samples of trie mineral were collected returned values of up to 0.604 oz Au/ton.

75 72

covered

Sampling Results ? Results given in oz Au/ton Shear Zone (locally gossanous Sample Result * mineralization) 40151 0.041 pyrite 66 TO 70 40152 0.019 (gossanous) 40153 O.224 40154 0.045 40155 0.016 40156 0.156 40157 0.079 40155 0.370 40159 0.069 40160 0.005 40161 0.045 40162 0.011 40163 0.013 40164 O.OO1 40165 0.001 40166 0.004 40167 0.301 VIEW LOOKING EAST 4016S 0.549 40169 0.140 40170 0.126 Band-Ore Resources Ltd. 40171 0.229 SHEBANDOWAN PROPERTY 40172 O.5O4 40173 0.052 VIEW LOOKING WEST Conacher Township 40174 0.019 trencc-a.cdr Jan.5/00 Fig. 5 to CO o General Notes: Trench Plan Exposed rock in trenched area consisted entirely of porphyry, weathered white to 15m light grey in colour. Texture varies with deformation and alteration, i.e., from ^Trench B relatively massive and weakly altered to strongly altered - carbonate and sericite scale 1:500 and strong to intensely deformed - sheared and schistose, Sericite carbonate N schist is well developed in strongly sheared section with only occasional remnant View of Trench B Looking North massive section porphyry textures present if any at all. Sulphide mineralization is generally sparse, with the exception of occasional narrow sulphide seams parallel to foiiation and shearing, Shearing - schistosity is slightly variable at 900 and dip is vertical to '\ steep to the north. ovb — 5m 91,92 — *- ^— — ^ - 10m Highly variably from weakly to strongly sheared 65 0

* -———— -— ^ ~ ~^-~~ 1.2m wide strong shear - fault 22 - 23mS 90 Sample 401#3:narrow sulphide Relatively massive section wate - 20m —x-— seam in sheared and intensely 0.6m wide strong sk ar - fault Sampling Results \^ ^-' ^ sericite and carbonate altered Results given in oz Au/ton Gradatlonal contact-•s- *. porphyry, this sample returned 23 -49mS a value of 0.177 oz Au per ton. Sample Result Moderately to strongly sheared - schistose with occasional ^ 67 40175 cO.OOI narrow seams (Vtcm) or rusty sulphides, ^^^ water ^^^ 66 40176 < 0.001 8) 21(1m)^^V |jssr 40177 ^.OO1 —^^" 5=5 narrow sulphide seamearn ^d^ v^^r 4O176 ^.OO1 - 40m *t^.^ 63 40179 *:0.001 x ~^^^ Sample 40193: 0.6 metre wide shear zone 64 40100 •cO.OOl ovb -— ^^ --^ - intensely sheared porphyryr altered to sericite 62 40151 •cO.001 49 -54m5 x — ^^^^^^ carbonate schist. Very 0radational contacts 40162 O.OO6 Relatively massive to weakly sheared, weakly sericiticitic and weak se 0 — 4O163 0.177 carbonate alteration. 4O164 0.002 -- —— 40165 ^.OO1 4O166 ^.OO1 4O167 0.34O — 60m 72 -SOmS 40160 ^.001 Strongly sheared section. Sericite carbonate schistsjocallyistsjocally 40189 *:0.001 ovb 40190 O.OO1 rusty and mineralized with up to 170 pyrite. 40191 O.O03 60 40192 O.OO2 -r^'x 79 76 x — 77 s seams x — &0- - SOm "^ ---X-— LLl Weakly sheared, weakly to moderate sericite altereded section. ^^ .-.x.- 76 O CM Trace sulphide mineralization. •H— 75 LEGEND tO ovl? Band-Ore Resources Ltd. - 69m 61- SAMFLE NUMBER 5390215N (4O1) XX SHEBANDOWAN PROPERTY iow lying area View of Trench 5 Looking South Conacher Township Fig. 6 TRENCHE-BCDR Jan.5/00 to w o .~ 52B09NE2009 2.26332 CONACHER 240 Trench Plan Trench D scale NTS

LU O (O ^N 5390245N

Photograph showing horizontal exposure of sheared and altered porphyry (sericite carbonate schist). Schist is rusty and variably mineralized with pyrite and occasional flecks of green mica. Note bottom of trench filled with water.

Filled in overburden trench?

Grab samples 742-1 74S2 742-3 7454 7405 7436 Photograph of rusty mineralized schist 74S7 on vertical face, looking east. Grab samples collected from this location returned values 5m grab up to O.941 oz Au per ton. Zone is poorly exposed in this location. 2-3m deep ^ filled with water Strongly sheared rusty schi&t Sampling Results mineralized with Results given in oz Au/ton 2-570 disseminated N pyrite (along east wall) Sample Result 7451 0.143 7452 0.941 7453 O.324 Band-Ore Resources Ltd, 7454 0.014 7455 0.354 SHEBANDOWAN PROPERTY 7456 0.012 Conacher Township 7457 O.O1O TRENCHES.CDR Jan.^OQ Fig. 8