REVIEW of the ROCK CREEK RANCH PROPERTY Humboldt County, Nevada, USA for Discovery-Corp Enterprises Inc

REVIEW OF THE ROCK CREEK RANCH PROPERTY Humboldt County, Nevada, USA for Discovery-Corp Enterprises Inc.

by Christopher O. Naas, P.Geo. CME Consultants Inc.

October 25, 2010

Latitude 40° 51’ Longitude 117° 32’

SUMMARY

The Rock Creek Ranch property is located in Humboldt County, Nevada approximately 65 km east-southeast of Winnemucca. The Property falls within the Goldrun Mining District. The land status in this part of Nevada forms a checkerboard pattern of private lands and federal lands administered by the Bureau of Land Management (BLM), part of the U.S. Department of the Interior. The current Property consists exclusively of privately held lands.

The property lies on a southwestward projection of the Getchell trend, which hosts the Pinson, Turquoise Ridge, and Twin Creeks gold mines in the Osgood Mountains. The deposits are located along the Getchell fault zone, and are hosted by the Preble, Valmy, and Comus Formations at the Pinson and Getchell mines. These mines collectively host over 15 million ounces of gold.

The Property is located in the northern portion of the Sonoma Range. This range contains Cambrian to Cenozoic rocks that vary widely in composition have experienced multiple episodes of deformation. The Paleozoic rocks that host gold deposits along the Getchell Trend are represented on the northern third of the Property. The intrusions on the Property appear to be Tertiary granites and granodiorites, as well as Tertiary felsic to andesitic dykes. These intrude Paleozoic rocks of the Valmy formation: quartzites, intermediate to mafic flows and tuffs, and related rocks, the Preble formation: limestones, cherts, argillites, carbonaceous argillites, phyllites, quartzites and the Osgood formation: quartzites and argillites.

Exploration to date has yet to identify any gold deposits but there are several encouraging geochemical pathfinder anomalies and some anomalous gold encountered in surface samples and drilling. The Stony Basin area appears the most encouraging with broad anomalous gold zones such as 0.35 g/t over 54.00 metres and narrower zones of moderate grades such as 1.75 g/t over 4.57 metres. At the Ranch House are several promising drill hole intersection were encountered including 1.16 g/t Au over 6.10 metres.

Deep drilling was previously recommended to be carried out in areas of the surface and near surface gold and pathfinder anomalies. Only one deep hole has been completed in the Stony Basin area. That hole encountered a thick intrusive package at depth below the Upper Plate lithologies. The gold mineralization encountered on surface and the shallow drilling may represent ‘leakage’ from a deep, well-mineralized system. Further deep drilling would be required to test this hypothesis.

Recommendations based on this review include identifying available Bureau of Land Management lands that are available for staking to fill in the intervening gaps in the private lands that make up the current Rock Creek Ranch property. Exploration data received for this review show need of compilation and validation to assist and guide exploration of the property including the identification of drill targets. A compilation and validation program (including site visit and claim research in Reno) is estimated to cost approximately CDN$ 50,000.

TABLE OF CONTENTS page SUMMARY...... ii 1.0 INTRODUCTION AND TERMS OF REFERENCE ...... 1 2.0 RELIANCE ON OTHER EXPERTS ...... 1 3.0 PROPERTY DESCRIPTION AND LOCATION...... 1 3.1 TITLE...... 5 4.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY ...... 7 4.1 ACCESSIBILITY ...... 7 4.2 CLIMATE ...... 7 4.3 LOCAL RESOURCES...... 7 4.4 INFRASTRUCTURE...... 7 4.5 PHYSIOGRAPHY...... 7 5.0 HISTORY ...... 7 6.0 GEOLOGICAL SETTING ...... 9 6.1 REGIONAL GEOLOGY ...... 9 6.2 PROPERTY GEOLOGY ...... 11 6.3 ECONOMIC SETTING...... 12 6.3.1 Getchell Gold Trend ...... 12 6.3.2 Northern Battle Mountain Trend ...... 16 7.0 DEPOSIT TYPES...... 17 8.0 MINERALIZATION...... 17 9.0 EXPLORATION ...... 17 9.1 INTRODUCTION...... 17 9.2 EXPLORATION HISTORY...... 20 10 INTERPRETATIONS AND CONCLUSIONS ...... 27 10.1 INTERPRETATION...... 27 10.1.1 Stony Basin Area ...... 28 10.1.2 Ridge Spring Area ...... 28 10.1.3 Canyon Area...... 29 10.1.4 Ranch House Area ...... 29 10.1.5 North Ranch Area ...... 29 10.2 CONCLUSIONS...... 29 11.0 RECOMMENDATIONS ...... 31 11.1 PHASE 1 ...... 31 11.2 PHASE 2 ...... 31 12.0 REFERENCES...... 33 13.0 CERTIFICATE...... 35

iii

LIST OF TABLES page Table 1: Summary of geophysical surveying, Getchell/Getty (after Stewart and Gosson, 1989) ...... 20 Table 2: Summary of drilling, Getchell/Getty ...... 21 Table 3: Significant intersections, >0.5 g/t Au ...... 21 Table 4: Summary of geophysical surveying, Sovereign (after Stewart and Gosson, 1989)...23 Table 5: Summary of drilling, Sovereign ...... 23 Table 6: Significant intersections, >0.5 g/t Au ...... 23 Table 7: Significant intersections, >0.5 g/t Au (1990 drilling)...... 24 Table 8: Significant intersections, >0.5 g/t Au (1991 drilling)...... 25

LIST OF FIGURES page 1. General Location Map (1:5,000,000)...... 2 2. Property Location Map (1:250,000) ...... 3 3. Land Status Map, Rock Creek Ranch Area (1:100,000)...... 4 4. Land Status Map with Adelaide-Crown Property, Rock Creek Ranch Area (1:100,000).6 5. Regional Geology, Rock Creek Ranch Project (1:250,000) ...... 10 6. Economic Setting, Rock Creek Ranch Project (~1:380,000)...... 13 7. Exploration Highlights, Rock Creek Ranch Property (1:100,000)...... 19

LIST OF APPENDICES

I Abbreviations and Conversion Factors II Title Information a. Title Search Report (Mineral Interest Only) b. Surface Rights Agreement c. Surface Rights Current Ownership

1.0 INTRODUCTION AND TERMS OF REFERENCE

This report has been prepared by CME Consultants Inc. (CME) at the request of Discovery- Corp Enterprises Inc. (Discovery-Corp.). The report is a review of the geology, economic setting, and exploration history and results on the Rock Creek Ranch property located in Humboldt County, Nevada, USA.

Field validation was not carried out, as it was not within the scope of this report.

Abbreviations and conversion factors used in this report are presented in Appendix I.

2.0 RELIANCE ON OTHER EXPERTS

For reporting on exploration work CME has relied on historical reports and data supplied by Discovery-Corp., Mr. Buddy Shaw of the Shaw Family Trust, Reno, Nevada, and public domain sources of information.

With respect to property and title information, CME has relied on documents supplied by Discovery-Corp. and Mr. Buddy Shaw, as well as information available from the Humboldt County Recorder and the United States Department of Interior- Bureau of Land Management.

3.0 PROPERTY DESCRIPTION AND LOCATION

The Rock Creek Ranch property (the Property) is located in Humboldt County, Nevada approximately 65 kilometres east-southeast of Winnemucca (Figure 1). The Property falls within the Goldrun Mining District. The Property is located within the Winnemuca 1:250,000 map sheet and covers portions of the more detailed (1:24,000) Pole Creek, Golconda, Adelaide and Goldrun Creek 7.5 minute quadrangles.

The land status in this part of Nevada forms a checkerboard pattern of private lands and federal lands administered by the Bureau of Land Management (BLM), part of the U.S. Department of the Interior. Lode mining claims may be staked on the BLM lands. The current Property consists exclusively of privately held lands (Figures 2 and 3).

The Property is located in all or portions of: Township 34 North, Range 39 East: sections 1, 2, 3, 5, 9, 11, 12, 13, 15, 17, 21, 23, 25, 27, 29, 33, 34, and 35; Township 34 North, Range 40 East: sections 5 and 6; Township 35 North, Range 39 East: sections 22, 25, 28, 33, 35 and 36; and, Township 35 North, Range 40 East: sections 9, 17, 19, 20, 21, 29, 30, 31, 32 and 33.

3.1 TITLE

A copy of a title search carried out in 2008 details the mineral ownership interests in the Rock Creek Ranch property lands (Danner, 2008). This document does not represent a legal opinion of the status of the mineral rights of the Property. This document is presented in Appendix IIa.

Discovery-Corp, then operating as Getchell Resources Inc., acquired an undivided 50% interest in the mineral rights associated with the Property by agreement dated March 6, 1987 and April 8, 1987. The mineral rights are held by Prebble Resources USA, Inc (Prebble) a wholly owned subsidiary of Discovery-Corp. The other 50% interest of the mineral rights are held by the Shaw interest. Refer to the title search document in Appendix IIa for full details. There is no information pertaining to the surface rights in this document. The surface rights were held by Prebble for some time as they were sold in 1992, as detailed in a Surface Rights Agreement between Prebble and G. and E. Penola and R. and S. Segura. This agreement is included in Appendix IIb. A property title search on the Humboldt County website (www.hcnv.us) revealed that since 1993 the ownership of the surface rights has been transferred several times. The surface rights are currently held by Richard and Nancy Rosasco Trust of Golconda, NV. A listing of the parcels with the current and previous surface rights holders is presented in Appendix IIc.

Using the GeoCommunicator viewer, available through the BLM’s website, active lode mining claims are shown to occur on several sections that are part of the Property (Sections 1, 13, and 25 of T34N/R39E and Section 6 of T34N/R40E). The viewer does not display individual claims, rather it only shows that an active lode mining claim exists in a particular quarter-section. Sections with the active claims are shown in red hatching in Figure 3.

A technical report (Leavitt, 2009) on the Adelaide-Crown property immediately east of the Property was obtained which contained a detailed claim map of the Adelaide-Crown property. The Adelaide-Crown claim boundary was plotted in relation to the Property (Figure 4). Figure 4 shows a small overlap of the Property and Adelaide Crown property that explains why the BLM GeoCommunicator viewer reports active claim(s) on the private sections. Further investigation into this matter will require obtaining individual claim location maps from the BLM office in Reno, Nevada.

4.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY 4.1 ACCESSIBILITY

Access to the property boundary is provided by interstate highway (I-80) and county- maintained gravel roads. Access within the property boundary consists of a system of one lane dirt roads that deteriorate during the winter months.

4.2 CLIMATE

The area is semi-arid with annual precipitation of approximately 30 centimetres. Summers are hot (43°C) and dry, and winters are cold (-10°C) with moderate to heavy snow accumulations.

4.3 LOCAL RESOURCES

Winnemucca has a population of approximately 7,000 people, and offers a variety of accommodations and services. It is located on Interstate 80, the Union Pacific railroad, and has a municipal airport. The local economy is based on mining and ranching (Leavitt, 2009).

4.4 INFRASTRUCTURE

Little more than dirt roads and trails represent infrastructure on the property. The Rock Creek Ranch house is located on the property in Section 1 of Township 34N, Range 39E.

4.5 PHYSIOGRAPHY

The Property is located on the eastern flank of the Sonoma Range in north central Nevada. The relief is moderate with elevations ranging from 1,470 to 2,450 metres.

Vegetation consists mainly of sagebrush and grasses. Several natural springs are noted on the property.

5.0 HISTORY

Exploration in this area of Nevada began in 1866 with the discovery of copper, gold and silver at the Adelaide Mine. Alluvial gold mining began as early as 1886 and continued intermittently through 1905. A narrow gauge railroad was constructed in 1897 to ship copper concentrates from the Adelaide Mine to the smelter at Golconda. The Adelaide Crown mine and vicinity have been intermittently explored and developed from the 1920’s to the present. A cyanide mill was built in 1938 and over 200,000 tons of ore were treated in this facility.

The Adelaide mine was shut down in 1941 as production was shifted from gold to base metals for the war effort. Exploration for porphyry copper and molybdenum was initiated in the mid-1960’s and carried on until 1978. A small uneconomic resource was developed in the Gregg Canyon area (100Mt @ 0.1% Cu, 0.05% Mo)(Butterworth, 2000). The bulk of exploration in the area has focused on the Adelaide and Adelaide Crown deposits to the east of the Property. Exploration specific to the Property is discussed below.

Documents and data received report on work completed for the period of 1987 to 2000. This work was undertaken either by Discovery-Corp. (operating as Getchell) or that of the several joint venture partners. For consistency with the source reports, Discovery-Corp. will be referred to as Getchell in this section.

In 1987, Getchell formed a joint venture with Getty Resources Ltd. (Getty). In mid-1988 Getty appears to have dropped out of the joint venture. Shortly thereafter Getchell formed another joint venture with Sovereign Explorations Ltd (Sovereign). Details of either of these agreements were not available. Several reports, drill logs and maps were received that detail much of the work conducted during this time and is further reported in Section 9.0. Sovereign subsequently dropped out of the joint venture.

In 1989 FMC Gold Company (FMC) entered into a joint venture with Getchell to explore the Property. Details of this agreement were not available. Reports and maps were received that detail much of the exploration completed during FMC’s involvement from 1989 to 1991. A significant amount of exploration was conducted off the current Property area, focused around the Adelaide-Crown Mine area to the east of the Property. The decision by FMC to drop out of the joint venture was made sometime in late 1991 and surface reclamation was completed by December of that year (Dwelley, 1991).

No information has been received that indicates exploration, if any, was conducted on the Property between 1991 and 1997.

In 1997 White Knight Resources (White Knight) acquired the Property through a lease agreement with Discovery-Corp for shares and work commitments of White Knight (writ comm, A. Pannu, 2010). White Knight compiled all available data and staked additional lode mining claims to cover a northeast trending corridor of anomalous geochemistry and alteration as defined by previous exploration (Butterworth, 2000).

In January 1998 North Mining Inc. (NMI) entered into a joint venture with White Knight. NMI’s efforts were designed to test for Turquoise Ridge type mineralization (Butterworth, 2000).

In 2000, NMI terminated their agreement with White Knight (White Knight news release April 19, 2000). Subsequently White Knight announced they could not successfully renegotiate the underlying agreements on the Property therefore terminated all lease agreements and dropped the Property from their portfolio (White Knight news release July 20, 2000). The Property thus reverted back to Discovery-Corp.

No further exploration has been conducted on the Property since 2000 (writ comm, A. Pannu, 2010).

6.0 GEOLOGICAL SETTING 6.1 REGIONAL GEOLOGY

The following section on regional geology has been modified from Leavitt (2009) technical report on the Adelaide deposit for Golden Predator Mines US Inc.

The Property is located in the northern portion of the Sonoma Range (Figure 2). This range contains Cambrian to Cenozoic rocks that have experienced multiple episodes of deformation. At least three (or more) thrusts juxtapose autochthonous and allochthonous Paleozoic and Mesozoic sedimentary and metamorphic rocks, and have been assigned variably to the Roberts, Sonoma, and Golconda thrust systems (Gilluly, 1967; Stahl, 1989; Madden-McGuire and Marsh, 1991; and Dunston et al, 2001). The eastern side of the range is underlain by autochthonous or para-autochthonous Paleozoic rocks, mainly Preble Formation (Gilluly, 1967). The central portion of the range exposes rocks of the Valmy Formation, a remnant of the Roberts Mountains allochthon. They are preserved in a thrust sheet that moved westward in Jurassic time along the Sonoma thrust, its trace exposed along the western side of the range (Stahl, 1989). The trace of the thrust is truncated by the Golconda thrust to the south (Dunston et al., 2001). Permian to upper Triassic sedimentary and volcanic rocks crop out along the western margin of the range (Figure 5).

Lower Paleozoic rocks have been grouped into several distinct fault-bound assemblages or terranes in this region. The Osgood terrane includes intensely deformed and regionally metamorphosed marine rocks: Lower Cambrian Osgood Mountain Quartzite, Lower Cambrian to Lower Ordovician Preble Formation, and possibly some Comus Formation; bedding and foliation generally dip eastward, and folds verge westward (Madden-McGuire and Marsh, 1991). Regionally the Preble Formation consists of a lower phyllitic member, a middle calcareous member, and an upper phyllitic member, which are tightly folded, with a westward vergence (Madden-McGuire and Marsh, 1991; Chevillon et al., 2000). To the east, the Iron Point terrane includes the Comus Formation in its type locality (Edna Mountain); rocks are similar to those in the Preble Formation and consist of limestone, dolomite, chert, and phyllite that exhibit west verging folds, but the metamorphic fabric is less well developed. To the west, the Getchell terrane includes less deformed chert, clastic sedimentary rocks, and volcanic rocks of the Valmy and Vinini Formations. Compared to the Osgood terrane, folds are more open and overturned to the southeast (Madden-McGuire and Marsh, 1991).

Cretaceous granodiorite and quartz monzonite stocks have intruded the Valmy Formation on the eastern side of the range. Contact metamorphism produced hornfels and skarn containing tungsten, base metal, and precious metals in metasomatic replacements of limestone. Northerly trending Miocene dikes and small plugs, welded tuffs, and volcaniclastic rocks are scattered throughout the range, with a concentration of felsic dikes exposed in the northwestern portion of the range. Miocene welded tuffs and volcaniclastic rocks crop out extensively in the northeastern margins of the range, and locally overlie Cretaceous intrusions and Paleozoic rocks further south (Gilluly, 1967).

At least four deformational styles are evident in the region. A regional set of northeast- trending folds accompanied thrusting associated with the Devonian to Mississippian Antler Orogeny that formed the Roberts Mountain allocthon. The folds commonly are uncoupled along their hinges, and exhibit parallel fracture zones. Younger north to northwest-trending fractures, faults, and folds formed during a younger tectonic event. Further north, the Getchell fault along the east side of the Osgood Mountains predates the Cretaceous Osgood Mountains granodiorite stock; this fault has reactivated at least several times since. Strike- slip movement along this fault provided pathways for hydrothermal fluids and gold deposition (Berentsen et al, 1996; Hughes, 1997).

Regional maps display a northerly trending fault along the eastern side of the Sonoma range extending from at least the Rock Creek ranch south to the Granite Canyon pluton and traversing the Adelaide property. The fault has been interpreted variably as a thrust (e.g., Ferguson et al, 1951; Willden, 1964; Crafford, 2007) and a normal fault (Gilluly, 1967; Stewart and Carlson, 1978). This fault, known as the Adelaide (also the Getchell fault by Getchell Resources and Robber Creek fault by FMC), probably experienced normal movement similar to that of a basin and range style of structure (Gilluly, 1967), and, like the Getchell fault, may have reactivated an older structure. Cambrian Osgood Mountain quartzite is conformably overlain by the Preble Formation east of this structure and is exposed in the upthrown block approximately four miles NNE of the Adelaide-Crown project area; the Ordovician Valmy Formation lies to the west. The fault, or related strands, extends south through the property, juxtaposing the Valmy and Preble Formations. Much of the epithermal alteration and precious mineral mineralization appears to be localized along this structural zone.

The property lies on a southwestward projection of the Getchell trend, which hosts the Pinson, Getchell, and Twin Creeks gold mines in the Osgood Mountains. The deposits are located along the Getchell fault zone, and are hosted by the Preble, Valmy, and Comus Formations at the Pinson and Getchell mines. Associated north-south faults, locally northeasterly striking faults, and anticlinal hinges localized mineralization particularly at intersections with favorable lithologic units, as well as low angle faults and fracture zones (Chevillon et al, 2000).

6.2 PROPERTY GEOLOGY

The Paleozoic rocks that host gold deposits along the Getchell Trend are represented on the northern third of the Property. The Preble and Comus formations host most of the ore at the

Turquoise Ridge, Getchell, Preble and Adelaide mines. These mines collectively host over 15 million ounces of gold (Butterworth, 2000). The stratigraphy within the property boundary ranges from Cambrian to Oligocene in age and varies widely in composition.

The intrusions on the Property appear to be Tertiary granites and granodiorites, as well as Tertiary felsic to andesitic dykes. These intrude Paleozoic rocks of the Valmy formation: quartzites, intermediate to mafic flows and tuffs, and related rocks, the Preble formation: limestones, cherts, argillites, carbonaceous argillites, phyllites, quartzites and the Osgood formation: quartzites and argillites.

In general, the Roberts Mountain Thrust cuts the stratigraphy, and possibly runs northeast- southwest. The Sonoma Range ridge top on the west side of the map area is a severe structural depression, possibly of the scale of a couple of thousand feet. This obviously drops the stratigraphic section down, and hence infers that the Upper and Lower Plate contact (Roberts Mountain Thrust) would in fact be very deep.

6.3 ECONOMIC SETTING

The Property is located in the southwestward projection of the northeast-southwest Getchell gold trend as well as near the intersection of the Battle Mountain gold trend (Figure 6).

The Getchell Gold Trend is the host of several prolific gold mines, including Twin Creeks, Getchell, Turquoise Ridge and Pinson, as well as the past producing Adelaide and Adelaide- Crown mines located immediately east of the Property. Key deposits and mines of the trend are discussed below. Several mines in the northern portion of the Battle Mountain trend are also discussed.

6.3.1 Getchell Gold Trend Adelaide and Adelaide-Crown The Adelaide property, part of the Gold Run Mining District which has been active since the late 1870's, is located in southeastern Humboldt County, Nevada, about 18 miles south-east of Winnemucca. Golden Predator Royalty & Development Corp. controls over 92,000 acres covering 3.6 miles of strike along the mineralized Adelaide structure. The property comprises 90 unpatented claims and 75 leased unpatented claims. Approximately 220 percussion and reverse circulation holes and 18 core holes have been drilled in several areas by previous operators, including the Adelaide-Crown, Margarite-Recovery veins, and the Robbers Knob area. Each of these prospects in the district has various historic resources and reserves announced on them that are not compliant with NI43-101 resource categories. The property is located at the projected intersection of the Getchell and Battle Mountain-Eureka gold trends. The rock units underlying the property consist primarily of Cambrian Preble Formation and the Ordovician Valmy Formation that are separated by the Adelaide fault. The Adelaide property has been the focus of exploration over the last 30 years by a number of companies including FMC, Franco-Nevada and Newmont. (www.goldenpredator.com/s/Adelaide.asp)

Epithermal banded quartz-sulphide±adularia±electrum veins comprise the primary gold-silver occurrence on the Adelaide property. The veins occur along the northerly-trending Adelaide fault zone and are hosted by the Preble and Valmy Formations. The main veins trend north- northwest, dip approximately 70° to 85°W, and coalesce and diverge along strike. Three small open pits and older underground workings expose several main veins, splays, and stockwork zones; the main veins are typically 4 to 6 feet wide (Leavitt, 2009).

Golden Predator's drilling to date has focused on delineating zones of high grade on the Margarite and Crown veins zones, along with new target tests on other vein zones with favourable epithermal vein textures and surface geochemistry (Grindstone and Recovery veins). Golden Predator's work has highlighted a zone with 900 ft of strike on the Margarite vein zone with increasing grades with depth, and a zone of shallow high grade mineralization on an offset of the Crown vein to the north of historic open pit operations. Approximately 561 drill holes have been completed on the present property position since 1955. The Margarite vein structural zone is located in an area containing approximately 160 historic drill holes, the majority of which were testing shallow open pit gold-silver potential in the vicinity of previous production.

The largest past producer within the property, the Adelaide-Crown mine, operated from the early part of the century into the early 1940's. It has produced approximately 19,000 ounces of gold and 345,000 ounces of silver from a combination of open pit and underground workings. The most recent mining took place from 1988 to 1991; a small open pit operation produced a total of 4,917 oz gold and 53,474 oz silver from the Margarite and Recovery veins. (http://www.goldenpredator.com/s/Adelaide.asp)

Leavitt (2009) reports the last historical resource estimate at Adelaide-Crown to be 96,523 tons at 0.035 opt Au and 0.185 opt Ag 1991 (non-compliant 43-101 resource). No resource estimate has been completed for the Adelaide project

Preble The Preble disseminated gold deposit is located in the southern Osgood Mountains and was discovered shortly after ore-grade gold mineralization was drilled at the present site of the Pinson Mine in the Potosi mining district 25 km to the north. Mineralization at Preble is similar to that at the Pinson Mine and the Getchell Mine. The deposit occurs in the Cambrian Comus Formation, a carbonate and shale unit. The mineralized unit is reported to be in the middle portion of the formation, a carbonate debris flow. The economically viable portion of the deposit is reported to be at or near the surface, in rocks that have been affected by supergene oxidation. Carbonaceous, unoxidized ore at depth is reportedly not amenable to cyanidation without pretreatment. The gold is presumably free and of sub-micron size, as it is at other northern Nevada sediment-hosted, disseminated-gold deposits. Iron-oxide minerals, silica, and reportedly, rare oxide copper minerals are present in the altered rocks. The mineralization is associated with high-angle shear zones, has a high gold-silver ratio, and occurs in carbonate rocks with silicification (jasperoid) and pyrite. Arsenic, mercury, and antimony are important trace elements, and silica, kaolinite, and calcite are important gangue minerals (Bonham et al, 1985).

Mineralization at the Preble property reportedly has a tabular form striking northeasterly and dipping southeastward. This mineralization occurs in a broad northeast-trending zone of shearing, brecciation, and silicification. White calcite veins are common in limestone beds and quartz veinlets and stockworks are abundant in shale and phyllite (Crone et al, 1984, Crone, 1982). The deposit contains approximately 1.8 million tons of material grading 0.063 oz of gold per ton (Bonham et al, 1985). A 2006 resource estimate at Preble is estimated at 3.16 Mt at 3.19 g/t Au (Nevada Mineral Industry, 2006). It is not known if this represents a NI43-101 compliant resource.

Pinson The Pinson Mine produced over 987,000 ounces of gold from relatively low-grade oxidized ore by open pit mining methods prior to 2000. Gold production came from decalcified, locally silicified and/or argillized, fine-grained, limy sedimentary rocks of the Comus Formation. Mineralization is focused along and adjacent to the Getchell Fault zone. (http://www.atna.com/s/Pinson.asp)

In June 2007, Atna completed an updated Technical Report on the Pinson property and revised the mineral resource calculations based upon all available data from its work through June 2006. The total Pinson project has measured plus indicated gold resource totaling 2.5 million tons grading 0.424 ounce per ton gold containing 1.1 million ounces of gold and the inferred resource totaled 3.4 million tons grading 0.34 oz/ton gold containing 1.1 million ounces of gold and all categories were calculated at a gold cut-off grade of 0.20 ounce per ton.

Getchell/Turquoise Ridge The Getchell gold deposit was discovered in 1933 and began production in 1938, one of the three earliest disseminated gold deposits to be exploited in Nevada. Although plagued with metallurgical difficulties almost from the beginning, the Getchell mine produced over $25 million in gold up to 1967 when the mine closed. The Pinson gold deposit was discovered in the southern part of the district in the early 1970’s and is now in production. Exploration continues in the district for gold and other similar gold deposits are likely to be found within the Potosi district.

The gold deposits of the Potosi district are epithermal-replacement deposits that are localized along the Getchell fault system and related structures. The ore zones occur most frequently in interbedded limestones and shales. The ore zones are irregular pods that are essentially confined to fault zones and are usually long, narrow features. At the Getchell mine, mineralization is known to extend at least 3,000 feet down-dip on the main structure. To date, commercial deposits have been found at three localities along the fault trend (Getchell Mine, Section 4 Pit, and Pinson Mine) and the gold ores at these deposits are typical of other disseminated gold occurrences in Nevada. The gold occurs as micron- to sub-micron-size particles associated with arsenic, antimony, and mercury minerals. Gold mineralization is found at numerous other localities along the Getchell structure (Bonham et al, 1985).

The current Turquoise Ridge property consists of the Getchell mine (placed on care and maintenance in 2008) and the Turquoise Ridge mine. The mine is operated by Barrick Gold (75%) and Newmont Mining Corporation (25%). Ore is transported to Newmont’s Twin Creeks mill for processing. The refractory gold ore is treated using pressure oxidation technology and gold is recovered using conventional carbon-in-leach technology.

Based on their 25% interest Newmont reports proven and probable reserves of 10.4 million tons at 0.507 opt Au (Newmont Annual Report, 2009).

Twin Creeks Located 50 miles (80.4 kilometers) northeast of Winnemucca, Nevada, Twin Creeks is 100% owned by Newmont Mining Corporation. The Twin Creeks Mine was originally operated by Santa Fe Pacific Gold Corp. Little information is publicly available on the geology and mineralization of the deposit. Mining of high-grade ore continued after Newmont acquired it in 1997 (http://www.newmont.com/north-america/nevada). In 2006, proven and probable resources were estimated at 64.8 million tons at 0.077 opt Au (Nevada Mineral Industry, 2006). In 2009 Newmont reports proven and probable reserves of 50.2 million tons at 0.077 opt Au (Newmont Annual Report, 2009).

6.3.2 Northern Battle Mountain Trend Marigold/Millennium Marigold is located approximately 64 kilometres southeast of Winnemucca, Nevada. Barrick Gold has a 33% interest in the mine with the remaining interest owned by Goldcorp (http://www.barrick.com/GlobalOperations/NorthAmerica/MarigoldJV/default.aspx).

Marigold Mine is a run of mine heap leach operation that commenced production in 1988. The mine was transformed from a modest, conventional milling operation into a large and extremely efficient heap leach mine. Exploration led to the discovery of the Millennium ore body in the southern reaches of the property that then led to the Millennium Expansion project (http://www.goldcorp.com/operations/marigold/).

Gold is hosted in Paleozoic chert, argillite and carbonate rocks (Nevada Mineral Industry, 2006). Proven and probable reserves of Marigold/Millennium stand at 150 million tons at 0.016 opt Au with Indicated resources of 42 million tons at 0.016 opt Au (Barrick Annual Report, 2009).

Lone Tree Lone Tree is located in the Buffalo Mountain District and operated by Newmont. Mining was completed at Lone Tree in late 2006 with milling completed in early 2007 (Newmont Annual Report, 2007). The deposit is hosted in the Havallah Formation, Antler sequence and dacite porphyry. A 2005 report on reserves indicated 4 million tons of 0.080 opt Au (proven and probable) and measured and indicated resources of 3 million tons of 0.032 opt Au (Nevada Mineral Industry, 2006).

7.0 DEPOSIT TYPES

The Property is located at the intersection of the historic Getchell and Battle Mountain-Eureka gold trends. The deposit model being explored for is a “Fortitude” model gold deposit (or “Turquoise Ridge” type/”Carlin”-type deposit). These are bulk mineable, millable >20 million tonne deposits, averaging >5 g/t Au (Butterworth, 2000).

8.0 MINERALIZATION

Gold is hosted in epithermal veins, jasperoid bodies, intrusive granodiorite, mafic to felsic dykes, shattered and sanded quartzite, and phyllite. A broad, northeast trending, deep-seated fault zone (possibly the Robert Mountain Thrust?) is interpreted as providing a conduit for the numerous intrusive stocks and sills that have been emplaced in the area. This corridor has been intersected by at least four separate, north-south trending fault zones over a 15 km strike length. At least two of these north-south trending faults host several small gold resources including the Kramer Hill, Adelaide and Robbers Roost deposits.

9.0 EXPLORATION 9.1 INTRODUCTION

Information made available for this report included several reports, drill logs, and scanned maps covering exploration conducted by Getchell, Getty, Sovereign, FMC, and North Mining from 1987 to 2000.

Digital data in the form of a Microsoft Access database was also received. The database appears to be a compilation of all historical exploration conducted on and around the Rock Property, including much from the neighbouring Adelaide and Adelaide Crown properties currently being explored by Golden Predator. Geochemical data includes results of surface sampling (rock, soil, silt, and biogeochemical) and subsurface sampling (trenching, reverse circulation drilling and diamond drilling).

An evaluation of the data revealed that the database is incomplete, contains numerous discrepancies and inconsistencies and contains data unrelated to the Property. For example many surface samples do not have a sample location recorded. Other samples may have no analytical value assigned. Included in the rock and soil databases are samples from well outside the Property area.

Validation of the drill hole data (collar, survey and assay) in the digital database was undertaken to assist in the preparation of this report. Using the supplied scanned maps it was, for example, determined that there is duplication of drill hole collars in several instances. A full validation of this database will be required. The database includes numerous drill holes located around the Adelaide-Crown area east of, and off of, the Property.

Exploration totals for work carried out on the Property are listed below. Totals were determined from reports, maps, and the digital database, and should be considered as estimates due to the lack of an authoritative source in the received data. Some of this work will have been carried out on sections previously under claim (BLM lands) and are currently not part of the Property but have been included to give an indication of the scale of work undertaken. An accurate breakdown of the exploration totals will require further compilation and validation of the data. Surface Geochemistry: o Rocks: 1,327 samples; o Soils: 8,136 samples; o Stream sediments: 98 samples; and o Sagebrush (biogeochemical): 235 samples. Geophysics: o Ground magnetics: 45 line-miles (73 line-km); o VLF: 45 line-miles (73 line-km); o Induced Polarization (IP): 12 line-miles19 line-km; o Airborne EM and Magnetics: 687 line-miles (1,113 line-km); o Controlled Source Audio Magnetotelluric (CSAMT): 13 line-miles (21 line- km); and, o Gravity: 2 grids covering 1.04 square kilometers. Trenching: o 17 trenches: 18,219 feet (5,553 metres): Drilling: o Reverse Circulation (RC): 108 drill holes, 46,554 feet (14190.26 metres); and, o Diamond Drilling: 5 drill holes, 2,941 feet (896.42 metres)

Highlights of the results of historical exploration are presented in Figure 7.

Although exploration has been conducted over much of the Property, most detailed work has been completed in five principal areas of the Property (Figure 7). From south to north these areas are referred to as: Stony Basin (T34N R39E Section 35); Ridge Spring (T34N R39E Section 23); Canyon, (T34N R39E Section 11); Ranch House (T34N R39E Section 1 and 12 and T34N R40E Section 6); and; North Ranch (all sections in T35N R40E); includes Collared Lizard Hill (CL Hill) and Kramer Hill.

9.2 EXPLORATION HISTORY

In 1987 Getty Resources entered into a joint venture with Getchell to explore the Property, which continued until approximately mid-1988. No final report of this work has been received, but a series of maps were obtained that show that geological mapping and rock sampling, soil geochemistry, ground magnetic and VLF-EM surveys and reverse circulation (RC) drilling were conducted in the Stony Basin, Ridge Spring, Canyon and Ranch House areas. Property-wide geology and rock sample location maps were also included and several drill hole cross sections in the relevant areas. A controlled source audio magnetotelluric survey (CSAMT) and induced polarization (IP) survey were carried out in 1988. A summary of geophysical surveys is presented in Table 1.

Grids were established in each area and soil samples collected along with ground magnetics and VLF-EM surveying carried out. RC drilling was carried out in selected areas, namely the Stony Basin, Ridge Spring and Ranch House areas.

Table 1: Summary of geophysical surveying, Getchell/Getty (after Stewart and Gosson, 1989) Company Survey Type Area No. Lines Length (ft) Station Spacing Getchell/Getty IP Stony Basin 3 4200 300 IP Ranch House 4 6300 200 CSAMT Ranch House 1 1200 100 1 1800 100 1 2600 200 Mag & VLF Canyon 17 4600 100 Mag & VLF Ridge Spring 17 4400 100 Mag & VLF Stony Basin 20 2000 100 VLF Ranch House 13 3500 100

The IP survey conducted over 3 lines in the Stony Basin area indicates an anomalous zone approximately 500 metres by 500 metres in areal extent. The IP survey in the Rock Creek Ranch area (T34N, R39E/R40E) defined an anomalous area approximately 950 metres long and 120 to 240 metres wide trending NNE. (Cormier and Cartwright, 1988).

Surface geochemical sample totals are not available but based on the maps are estimated at 53 line-miles and 2,832 sample stations (100 foot spacing). The digital database reports 2,356 soil samples assigned to Getchell but this excludes samples from grids in the Canyon and Stony Basin areas. Soil samples were analyzed for arsenic, mercury and antimony for all grids with gold analyzed for samples from the Ranch House grid.

Rock sample totals are not clear. The digital database includes many samples that have no analytical value and when plotted appear to represent grid stations rather than actual rock samples. There are 140 samples in the database with an analytical value and thirteen of these have no location reported. The highest gold value recorded is 1.565 g/t Au, collected from CL Hill in the North Ranch area.

A total of 21 RC drill holes were completed in 1987 totaling 8,370 feet (2,551.18 metres), and collected 1,572 samples. Ten (10) holes were drilled in the Stony Basin area (Section 35, T34N/R39E). Eleven (11) holes were drilled in the Ridge Spring area (Section 23, T34N/R39E). During 1988 a further 29 RC drill holes were collared totaling 11,713 feet (3,570.13 metres) and 1,912 samples. Drilling targeted the Ranch House area and Kramer Hill in the North Ranch area (Figure 7).

Table 2: Summary of drilling, Getchell/Getty No. Total Year Type Area Section Township/Range Holes Footage 1987 RC Ridge Spring 11 3,870 23 T34N/R39E Stony Basin 10 4,500 35 T34N/R39E Total 21 8,370

1 T34N/R39E 1988 RC Ranch House 19 7,038 6 T34N/R40E Canyon 4 1,950 11 T34N/R39E North Ranch 5 2,280 17 T35N/R40E (Kramer Hill) North Ranch 1 445 31 T35N/R40E Total 29 11,713

Drilling in the Stony Basin returned several significant results (>0.5 g/t Au) from the 1987 campaign and presented in Table 3. Two of these holes, GH-35-01 and GH-35-10, have their last sample at end of hole reporting a gold value of greater than 0.5 g/t Au.

Table 3: Significant intersections, >0.5 g/t Au Area Hole From To Length Au (g/t) Ag (ppm) As (ppm) Stony Basin GH-35-01 114.30 131.06 16.76 0.58 3.3 479 GH-35-04 88.39 91.44 3.05 0.74 0.9 898 103.63 108.20 4.57 0.60 0.3 2053 112.78 114.30 1.52 0.53 2.3 880 115.82 117.35 1.53 0.55 6.7 659 147.83 149.35 1.52 0.73 12.1 647 GH-35-06 94.49 96.01 1.52 0.55 7.7 642 106.68 108.20 1.52 0.72 8.4 605 GH-35-07 131.06 135.64 4.58 0.92 10.0 1768 GH-35-10 170.69 172.21 1.52 0.81 14.7 1973 178.31 182.88 4.57 1.27 34.8 637 Ranch House GH-01-03 71.63 74.68 3.05 0.52 GH-01-09 76.20 77.72 1.52 0.52 GH-01-16 65.53 68.58 3.05 0.67 71.63 80.77 9.14 0.95

Sometime in mid-1988, a new joint venture was formed between Getchell Resources and Sovereign Explorations. A portion of a compilation report (Stewart and Gosson, 1989) for Sovereign was obtained that discussed the exploration carried out during this period.

Mapping: Collared Lizard Hill (Section 29, T35N/R40E) and Robbers Ridge (Section 13, T34N/R39E), Ridge Top Spring Area (Section 15, T34N/R39E) and Pole Creek Area (Section 14, T35N/R39E). Geochemical sampling included: o Rock sampling: 286 outcrop samples; 251 float samples o Soil sampling: 500 by 500 foot grid on Collared Lizard Hill. Samples were collected at 50 foot grid points. Sample material was dug from three 1-foot deep pits at each sample location and composited into a single sample. Material was generally collected from the C-horizon; o Biogeochemical (sage): At least 235 samples tested the area between Ranch House and Kramer Hill. Sage samples were analyzed by INAA and ashing/FA; and, o Stream sediment: At least 98 samples testing all major drainages.. Geophysics: o Induced Polarization (IP), o Controlled Source Audio Magnetotelluric Survey (CSAMT), o Magnetometer and VLF-EM; Reverse circulation (RC) drilling and diamond drilling.

Maps of sample locations for the stream sediment and sage brush sampling were received. Of the sagebrush samples 38 samples returned greater than 25 ppb Au, with a maximum of 1,460 ppb although no other anomalous samples surround this sample. A cluster of samples ranging from 25 ppb to 240 ppb Au are located north of the Ranch House on sections 30 and 31 of T35N/R40E. Individual results of the stream sediment sampling program are not available, but the map shows catchment areas based on anomalous levels of gold (>20 ppb Au), silver (>0.7 ppm Ag) and arsenic (>100 ppm As). Catchments noted in gold are found in the Pole Creek area (Section 22, T35N/R39E) and a narrow drainage on the southeastern portion of CL Hill. No soil sample maps were received and the digital database contains no soil samples assigned to Sovereign. The digital database reports 536 rock samples assigned to Sovereign, as compared to 537 reported by Stewart and Gosson (1989). Sample locations are only available for 201 samples. For those that can be located, samples were collected in the North Ranch area, focused around CL Hill.

A summary of geophysical surveys is presented in Table 4. Drilling exploration is summarized in Table 4. Butterworth (2000) included some details of the various geophysical surveys carried out by Sovereign.

Table 4: Summary of geophysical surveying, Sovereign (after Stewart and Gosson, 1989) Area No. Survey Type Lines Length (ft) Station Spacing IP Stony Basin 3 2100 300 Canyon 2 3600 300 North Ranch 3 3600 300 North Ranch 3 1200 100 CSAMT (Kramer Hill) 2 2400 200 North Ranch 2 2400 200 North Ranch 3 1200 1000 1 1200 200 1 2400 200 Mag Canyon 10 1000 50

Sovereign collared 18 RC drill holes totaling 6,435 feet (1,961.39 metres) and 4 diamond drill holes totaling 1,366 feet (416.36 metres) (Table 5). Only 259 samples are recorded in the digital assay file, representing drill holes SH-01-20, -21, -23, -24 and –25. Assays for 14 more holes are found on supplied drill logs but are not in the assay database. Assay results are available for only one diamond drill hole (SH-35-16). These results have not been included in the digital assay database.

Table 5: Summary of drilling, Sovereign No. Total Company Year Type Area Section Township/Range Holes Footage Sovereign 1988 RC Ranch House 5 1,300 1 T34N/R39E 3 880 13 T34N/R39E Stony Basin 5 1,795 35 T34N/R39E Collared Lizard 6 2,460 29 T35N/R40E Hill Total 19 6,435 Diamond Stony Basin 4 1,366 35 T34N/R39E Total 4 1,366

Drilling returned several greater than 0.5 g/t Au intersections from the Ranch House area and the Stony Basin area. Results are presented in Table 6.

Table 6: Significant intersections, >0.5 g/t Au Hole From To Length Au (g/t) SH-35-14 6.10 7.62 1.52 0.53 21.34 22.86 1.52 0.67 5.18 53.34 48.16 2.15 SH-35-15 99.06 102.11 3.05 1.02 123.44 126.49 3.05 1.11

In 1989 FMC Gold Company (FMC) entered into a joint venture with Getchell to explore the Property, which continued until 1991. A significant amount of exploration was conducted off the current Property area in and around the Adelaide-Crown Mine area to the east of the

Property. Only two third-party reports of FMC’s involvement on the Property have been received which report on the airborne geophysical survey and the ground magnetic survey. Several scanned map were received that show surface sample locations, drill hole locations, geology and alteration. Compiled digital data received includes rock sample results and drill hole data (collar, survey, assay). Validation of this data was confined to the drilling data.

In December 1989, a DighemIV EM/Resistivity/Magnetometer survey was flown. A total of 687 line-miles were surveyed with a line spacing of 1/8 mile at an azimuth of 090-270° (McConnell, 1990). No interpretation was supplied with the original survey. Butterworth (2000) indicates that the primary purpose was to map depth to bedrock, determine the primary near surface lithology and identify major structures concealed by shallow pediment cover. Butterworth concludes that FMC was attempting to define shallow conductors in an effort to obtain a direct response from potential shallow conductive gold skarn systems based on the Fortitude gold skarn model.

In 1990 FMC conducted RC drilling in several areas, some of which are not currently part of the Property: Ranch House area: 10 holes, 1,703.22 metres. All but one drill hole (RS-04) are located on the Property; Stony Basin area: 2 holes, 298.70 metres; and, North Ranch area: 13 holes, 2,377.13 metres. All but two drill holes (NR-06 and NR- 10) are located on the current Property. Ranch South area: 7 holes, 1,016.51 metres. All drill holes are collared off property (approximately 1 km NNE of the Adelaide-Crown mine); Torok Adelaide area: 1 drill hole, 109.73 metres (off Property);

Drilling encountered weakly anomalous results in the Stony Basin and Ranch House areas. In the Stony Basin area several zones of greater than 0.2 g/t Au was intersected, including 0.42 g/t Au and 2.2 g/t Ag over 10.6 metres (SB-01) and 0.33 g/t Au and 10.5 g/t Ag over 21.34 metres (SB-02). In the Ranch House area highlights included 1.96 g/t Au and 9.6 g/t Au over 3.05 metres (RS-05) and 1.95 g/t Au and 19.6 g/t Ag over 1.53 metres (RS-09). No significant results were returned from the Ranch North area drill holes. Intersections greater than 0.5 g/t Au are shown in Table 7.

Table 7: Significant intersections, >0.5 g/t Au (1990 drilling) Area Hole From To Length Au (g/t) Ag (g/t) Ranch House RS-05 129.54 132.59 3.05 1.96 9.6 RS-07 163.07 164.59 1.52 0.93 5.9 RS-09 79.25 80.77 1.52 1.95 19.6 150.88 152.40 1.52 1.75 0.4 Stony Basin SB-01 38.10 39.62 1.52 0.75 0.4 47.24 48.77 1.53 0.55 4.0 SB-02 143.26 144.78 1.52 0.75 20.4

In 1991 FMC carried out further exploration consisting of mapping and rock sampling, geophysics and RC drilling. Details of the mapping program are unknown other than 208 rock samples were collected. Geophysical surveys included a CSAMT survey in the North Ranch area (8 lines, 8.8 line-miles) and ground magnetic surveys in the Ranch House and Canyon areas as well as the Cumberland and Robber Creek areas (the latter two are off property)

The ground magnetic surveys in the Ranch House area included 1 east-west line, 2500 feet long, approximately 500 metres northeast of the ranch and 3 east-west lines, 3000 feet long at 500 foot spacings, approximately 500 metres southwest of the ranch. In the Canyon area, 5 NW-SE lines 4800 feet long, at 600 foot spacings were surveyed.

No interpretation of the original CSAMT survey was available. The survey data was however reprocessed and interpreted by NMI. A discrete resistor was identified which may represent a resistive intrusive buried 100 to 200 metres below the conductive pediment cover. All sections show a major resistive boundary at 200 to 300 metres depth from a conductive upper layer to a resistive basement (possible contact between a Tertiary volcanic and the Ordovician Valmy Formation). No interpretation of the magnetic surveys was presented in the received report other than a series of stacked profiles of the various surveyed lines. The data was acquired by NMI, but no new processing was undertaken (Butterworth, 2000).

Drilling was carried out over several areas some of which are not on the current property. Ranch House area: 14 holes, 2,721.87 metres. All but one hole (RS-22) are on the current property; Adelaide Crown Knob: 15 holes, 2488.70 metres. All holes are off-property; North Ranch area; 11 holes, 2362.20 metres. All but one hole are located on the property (10 holes on property) NR-14 to NR-22, RS-47; and, Cumberland area: 2 holes, 335.28 metres (off property).

Drilling in the North Ranch area during this time encountered no intersections greater than 0.5 g/t Au and only one sample returned greater than 0.2 g/t Au (NR-16; 0.37 g/t Au over 1.52 metres). Drilling the Ranch House area intersected spotty gold mineralization, mainly in drill hole RS-25 where several single sample intersections greater than 0.5 g/t Au were encountered (Table 8). A weak gold and silver zone is seen in hole RS-24 with 0.24 g/t Au and 24.1 g/t Ag over 6.09 metres. No gold intersections greater than 0.5 g/t Au are noted in this hole.

Table 8: Significant intersections, >0.5 g/t Au (1991 drilling) Area Hole From To Length Au (g/t) Ag (g/t) Ranch House RS-25 50.29 51.82 1.53 0.61 5.4 70.10 71.63 1.53 0.61 5.7 94.49 96.01 1.52 1.03 3.0 106.68 108.20 1.52 0.74 0.7 137.16 138.68 1.52 1.92 9.7

Eight (8) trenches were excavated by FMC with an approximate cumulative length of 809 metres and 239 samples collected. There is no information indicating when this work was done. The trenches were located in the Stony Basin (4), Ridge Spring (1) and Canyon (3) areas. No significant results were returned from this work.

In 1997 White Knight acquired the Property and compiled all available data as well as staked additional lode mining claims to cover a northeast trending corridor of anomalous geochemistry and alteration as defined by previous exploration. No reports on White Knight’s compilation work were available.

In January 1998 North Mining Inc. (NMI) entered into a joint venture with White Knight. Exploration by NMI focused on more detailed structural interpretations, and subsequent cross-section interpretations of key prospect areas, geological and structural mapping over the Stony Basin Prospect area. Gold anomalies and alteration associated with steeply dipping structures identified in trenches formed the main target. Further work was also completed involving re-interpretation of all previous work in the area. Even though significant zones of alteration and brecciation were noted, associated with faulting, gold values, pathfinder elements and base metal values were generally very low.

A reinterpretation of the airborne geophysics by NMI shifted the focus from shallow targets to the potential for deep targets located peripheral to postulated intrusives (Butterworth, 2000).

Exploration in 1998 consisted of soil and rock sampling carried out over four main prospective target areas: CL Hill/Kramer Hill (North Ranch area); Canyon/Ranch area (Ranch House area); Ridge Spring area; and, Stony Basin area. A total of 3,546 soil samples and 75 rock chip samples were collected and analyzed for gold and multi-elements. Rock and soil samples returned very weak gold values. Rock sampling returned a high of 0.64 g/t Au from the Stony Basin area. Gold-in-soils did not show any strong anomalies. Butterworth included a series of notes on the surface geochemistry looking at specific elements. He notes that mercury may be a good pathfinder element and mercury anomalies are present in the Ridge Spring and Canyon areas.

Detailed magnetic readings were planned to be collected from four surveys in the respective areas (Butterworth, 2000). No information of the size and location of the survey grids have been located but Appendix II of the Butterworth (2000) report includes the purpose and findings of the surveys. Two of the four survey areas were completed in the CL Hill and Canyon/Ranch areas. The planned Ridge Spring and Stony Basin were not completed due to onset of poor weather. No maps of results of the surveys have been located. At the CL Hill, the magnetics indicated a series of structural breaks through the hill. Another magnetic high was identified a surface mapped diorite and granodiorite stocks and dykes. A third discrete mag high appears associated with a magnetite rich quartzite. At the Canyon/Ranch area, one magnetic high appears associated with black carbonaceous to graphitic shale cut by numerous dykes and sills of diorite. Another magnetic high to the south appears to correlate with altered dykes and pyrrhotite-rich hornfels and skarn, similar to the Ridge Spring area. (Butterworth, 2000).

NMI also conducted a regional and detailed gravity survey during 1998. The detailed survey area was to include a 200 metre by 200 metre grid in the CL Hill, Ridge Spring and Stony Basin areas, and a 1 kilometre by 1 kilometre survey in the Ranch House area. No maps showing the actual locations of these surveys have been located. The Stony Basin survey was never started and the Ridge Spring survey was incomplete due to onset of poor weather.

NMI reportedly excavated 10 trenches in 1999 in the Ridge Spring area (White Knight news release, Sept 20, 1999). Received digital data shows only 9 trenches with a cumulative total of 4,475.5 metres (15,565 feet) with 976 samples collected. Trenches ranged from 28.5 metres to 1,165 metres in length with samples typically collected in 5 metre intervals. No economic gold intercepts were encountered. Only one gold value greater than 0.5 g/t Au was returned from the trenching program. Trench TRL003 intersected 0.68 g/t Au over 5 metres (910 to 915 metres).

RC drilling by NMI targeted the Stony Basin, Ridge Spring, Canyon, and Ranch House areas. Fourteen drill holes were completed with for total of 1,728.52 metres. One drill hole, RCR- 99-14 returned a single sample greater than 0.5 g/t Au: 0.53 g/t Au over 1.52 metres (60.96 to 62.48 metres) from the Ranch House area. Drill hole RCR-99-10 intersected a narrow silver and base metal zone from 134.11 to 137.16 metres returning 19.7 g/t Ag, 0.30% Pb, 0.19% Zn, 0.38% As and 490 ppm Sb in the Canyon area.

NMI intended to follow-up with two diamond drill holes, one each in the Stony Basin and Ridge Spring areas, targeting deeper into the Lower Plate lithologies. Only one hole, CH-99- 001, was completed in the Stony Basin area before the weather turned poor. The drill hole intended to test high angle structures identified in trench TRL006 where they intersect the Lower Plate lithologies. This drill hole, completed to a depth of 480.06 metres, returned a single sample greater than 0.5 g/t Au, 0.55 g/t Au over 1.53 metres (306.32 to 307.85 metres). The hole was terminated in a relatively unaltered granodiorite with an unknown thickness. The Lower Plate stratigraphic units were therefore not encountered. No information has been found in the received data as to the proposed locations of the other three deep drill holes.

No further work is documented on the Property following White Knight/NMI’s tenure.

10 INTERPRETATIONS AND CONCLUSIONS 10.1 INTERPRETATION

NMI reviewed and evaluated the prospects on the Property with respect to surface and drill hole geochemistry as well as the incorporating the various geophysical surveys completed prior to and during NMI’s work. Discussion is presented on an area basis, covering the key prospects drawn from Butterworth (2000) recommendations.

10.1.1 Stony Basin Area

The gold mineralization in the Stony Basin area is the most significant within the project area. Gold appears to be intimately associated with the granodiorite unit, and the alteration and faulting associated with its margins. There is a mercury alignment along a common structure and the significant intersections of anomalous gold associated with this structure or structures.

Drilling to date has been testing mostly near surface. Drill results have shown broadly anomalous gold zones (>0.2 g/t) such as 0.35 g/t Au over 54.00 metres (including 0.80 g/t Au over 5.22 metres) (GH-35-01), 0.71 g/t Au over 13.00 metres (GH-35-10) (including 1.75 g/t Au over 4.57 metres) and 0.48 g/t Au over 9.00 metres (SH-35-15) (Figure 7).

Butterworth remarks that these broad anomalous zones are the best of anywhere on the property and located within the Upper Plate lithologies. This suggests that potential exists at depth for a deposit with gold mineralization associated with north-south structures, granodiorite and Lower Plate lithologies (Butterworth, 2000).

NMI tested this with the single deep drill hole (CH-99-001) that terminated within a granodiorite intrusive. It is not known how thick this intrusive unit is and whether or not the prospective Lower Plate formations underlie this area. The Lower Plate is inferred to be on the order of 500 metres. Whether or not a viable target would be present at such depths is also unknown.

The Stony Basin prospect gives all indication of a gold mineralizing system at depth. There is a moderate correlation between the Adelaide Crown footprint and that at Stony Basin, however the system here is covered by Upper Plate lithologies on the order of 500 metres. The inference is that there may be a large system or very effective ‘leakage’ processes (Butterworth, 2000).

10.1.2 Ridge Spring Area

The Ridge Spring area is still relatively untested. Significant Hg, Au, Cu, Ba, As, Sb and Mo has been noted in the surface geochemistry and these elements show very strong correlation with gold in the Adelaide structural system to the east

RC drilling has been completed in the area and has only tested the Upper Plate rocks (Valmy Formation). The best drill hole intersection to date is 0.23 g/t Au over 1.52 metres (GH-23- 02) (Figure 7). Other drill holes showed weakly anomalous gold (>0.1 g/t Au). Despite these low grades and because they are associated with the Upper Plate lithologies, this does not preclude better gold grades at depth where the Lower Plate is postulated to occur. Deep drilling would be required in this area to test this hypothesis (Butterworth, 2000).

As at Stony Basin, the Ridge Spring prospect gives all indication of a gold mineralizing system at depth. There are strong correlations between the Adelaide Crown footprints, but as at Stony Basin, the system is covered by a thick sequence of Upper Plate lithologies (also on the order of 500 metres).

10.1.3 Canyon Area

Due to a paucity of geological information it is difficult to properly assess the prospectivity of this area. Drilling has indicated mainly the presence of the Valmy Formation (Upper Plate) and Tertiary dykes. Butterworth (2000) notes the possibility of Lower Plate lithologies being intersected in some drill holes although the location of the drilling and the known structure makes this seems unlikely. Little gold was returned from drilling, with the best being 0.34 g/t Au over 1.50 metres (RC-05) (Figure 7).

10.1.4 Ranch House Area

Butterworth (2000) comments that this area is structurally complex with a high density of Tertiary intrusives (rhyolites, basalts and andesites) which dominate the Upper Plate whereas the Preble Formation (shales and limestones) dominate the Lower Plate. Gold anomalies are probably related to the higher density of Tertiary intrusives within the area.

Drilling has identified numerous anomalous, though low-grade gold intersections, such as 0.70 g/t Au over 13.72 metres (GH-01-16), 1.14 g/t Au over 6.10 metres (RS-05), and 0.86 g/t Au over 4.57 metres (RS-25) (Figure 7).

This area is still largely untested and further drilling is required to define the extent of gold mineralization encountered in historic drilling. Both Lower and Upper Plate lithologies have been intersected in drilling, although the Upper Plate is still quite thick (on the order of 200 metres). Deep drilling was recommended to be conducted in the area targeting the inferred buried intrusives defined by the airborne geophysical survey.

10.1.5 North Ranch Area

Butterworth remarks that there is much Tertiary cover in this area of the Property. Rock sampling has returned samples of 1.565 g/t Au and 1.42 g/t Au around CL Hill. Further sampling in the area was recommended.

Drilling to the north of CL Hill returned no significant gold intersections (anything greater than 0.1 g/t Au was considered significant). Drilling to the south of CL Hill returned a best of 0.37 g/t Au over 1.52 metres (drill hole NR-16) (Figure 7)

A deep drill hole was recommended to target the inferred buried intrusives as defined by the airborne geophysical survey.

10.2 CONCLUSIONS

The Rock Creek Ranch property is located in Humboldt County, Nevada approximately 65 kilometres east-southeast of Winnemucca. The Property falls within the Goldrun Mining District. The land status in this part of Nevada forms a checkerboard pattern of private lands

and federal lands administered by the Bureau of Land Management (BLM), part of the U.S. Department of the Interior. The current Property consists exclusively of privately held lands.

Deep drilling was previously recommended to be carried out in areas of the surface and near surface gold and pathfinder anomalies. Only one deep hole has been completed, CH-99-001, in the Stony Basin area. This hole encountered a thick intrusive package at depth below the Upper Plate lithologies. The gold mineralization encountered on surface and the shallow drilling may represent ‘leakage’ from a deep, well-mineralized system. Further deep drilling would be required to test this hypothesis. A proposed 550-600 metre deep hole in the Ridge Spring area is shown on a cross section the Butterworth (2000) report for NMI. Other recommended drill sites by NMI are not known.

11.0 RECOMMENDATIONS 11.1 PHASE 1

Based on the review of the received reports and data, there is an abundance of data available that is in need of proper compilation and validation. The digital database received is in need of validation due to such issues as inconsistent coding, duplication of records and missing data, among others. Many entries in the drilling databases are for drill holes located off- property around the Adelaide-Crown and Adelaide mine areas. A compilation program would sift through the data and identify the data that corresponds to the current Property area as well as identify areas outside the Property that could be considered for acquisition. Selected scanned maps should also be digitized so they can be more readily integrated with GIS and other exploration software applications.

As part of the compilation program, targets would be identified and ranked by priority.

The administration of lands in this area of Nevada form a ‘checkerboard’ of private and publicly owned lands (Figure 2). There are numerous sections that are administered by the Bureau of Land Management between the privately held sections. Current claim status shows that much of the intervening BLM lands are open for staking. Staking this land may make for a more attractive land package. Staking could be undertaken immediately on available lands around the known areas of exploration, particularly in the Stony Basin and Ridge Spring areas (sections 34 and 22 of T34E, R39N, respectively. Following completion of data compilation, further staking may be warranted

The most recent deep drilling by NMI in 1999 was carried out on now lapsed claims staked on BLM land. Currently there are active lode mining claims in this section (Section 34 of Township 34E, Range 39N). The author does not know the actual locations of these claims based on the available sources. A visit to the BLM office in Reno would be required to properly identify the location and details of these claims.

A compilation and validation program (including site visit and claim research in Reno) is estimated to cost approximately CDN$ 50,000.

11.2 PHASE 2

Drilling on the Property is contingent upon the identification of high priority targets from the compilation program.

Likely targets for drill testing would be the Stony Basin area, with lesser priority on the Ranch House and Ridge Spring areas. The bulk of drilling carried out thus far has been reverse circulation. Future drilling is recommended to be core drilling.

An initial 1,500 metres in the Stony Basin would twin three RC drill holes (GH-35-01, GH- 35-10 and SB-02) for confirmation of historical grades, as well as test deeper into the

lithologies. Two of theses RC holes (GH-35-01 and -10) were stopped in gold mineralization and thus require bracketing of the mineralization. Deeper drilling would also follow-up on NMI’s hypothesis of potential leakage of an orebody at depth as well as supply better identification of geological units for correlative purposes.

In the Ranch House area, three (3) holes of approximately 200 metres each would confirm historic grades encountered in the RC drilling and return improved geological data of the lithologies of the area.

Respectfully Submitted,

Christopher O. Naas, P.Geo. CME Consultants Inc.

12.0 REFERENCES

Barrick Gold Corp. 2010. 2009 Annual Report

Berenstsen, E.J., Nanna, R.F., Hazlitt, J.S., and Estes, L.D. 1996. Discovery and geology of the Turquoise Ridge gold deposit: Mining Engineering, V. 48, n. 10, pp. 31-35.

Bonham, H.F. (Jr.), Garside, L.J., Jones, R.B., Papke, K.G., Quade, J., Tingley, J.V. 1985. NBMG Open File Report 85-3; A Mineral Inventory of the Paradise-Denio and Sonoma Gerlach Resource Areas, Winnemuca District, Nevada.

Chevillon, V., Berentsen, E., Gingrich, M., Howald, B. and Zbinden, E. 2000. Geologic overview of the Getchell Gold Mine geology, exploration and ore deposits, Humboldt County, Nevada, in Crafford, A.E.J. (ed.). Geology and ore deposits 2000: the Great Basin and beyond: Geological Society of Nevada Symposium Proceedings, Field Trip # 9, Geology and ore deposits of the Getchell region, Humboldt County, Nevada, p. 113-121.

Crafford, A.E.J. 2007. Geologic Map of Nevada: U.S. Geological Survey Data Series 249, 1 CD-ROM, 46 p., 1 plate.

Crone, W. R. 1982. The use of Fe/Mn oxide-rich fracture coatings in the geochemical exploration for precious metal deposits, a comparison with standard rock and soil geochemistry: Unpublished M.S. thesis, University of Nevada-Reno .

Crone, W. R., Larson, L. T., Carpenter, R. H., Chao, T. T., and Sanzolone, R. F. 1984. A comparison of iron oxide-rich joint coatings and rock chips as geochemical sampling media in exploration for disseminated gold deposits: Journal of Geochemical Exploration, v. 20, p. 161-178.

Danner, R. A. 2008. Report of findings on the Rock Creek Ranch Mineral Search; unpublished title search document.

Dwelley, P.C. and Foruria, J. 1990. Rock Creek Ranch Joint Venture, unpublished report for FMC Gold Company.

Dwelley, P.C. 1991. Final Report Rock Creek Ranch Joint Venture, unpublished report for FMC Gold Company. vol I

Dunston, J.F., Northrup, C.J., and Snyder, W.S. 2001. Post-latest Triassic thrust emplacement of the Golconda allochton, Sonoma Range, Nevada [abs.] in Geological Society of America Abstracts with Programs, v. 33, Paper No. 137-0.

Ferguson, H.G., Muller, S.W., and Roberts, R.J. 1951. Geology of the Winnemucca quadrangle, Nevada: USGS Map GQ-11.

Gilluly, J. 1967. Geologic map of the Winnemucca quadrangle, Pershing and Humboldt counties, Nevada: USGS Map GQ-656.

Hughes, G.J. 1997. A report to accompany the geologic, geochemical and geophysical compilation for the Rock Creek Ranch property, Humboldt County, Nevada: unpublished report for White Knight Resources.

Kretschmer, E. L. 1984. Guidebook geology of the Pinson Mine, Humboldt County, Nevada, in Slavik, Greta, Geological Society of Nevada 1984 Field Trip guide Reno Geological Society of Nevada,

Leavitt, E. D. 2009. Technical Report on the Adelaide Property, Humboldt County, Nevada, USA for Golden Predator Mines US Inc.

Madden-McGuire, D.J. and Marsh, S. P. 1991. Lower Paleozoic host rocks in the Getchell gold belt: Several distinct allocthons or a sequence of continuous sedimentation? in Geology, v.19, p. 489-492.

McKinney, J.E. 1991. Magnetic Survey on the Rock Creek Ranch Project; unpublished report for FMC Gold Company conducted by Great basin Geophysical.

Newmont Mining Corporation 2010. 2009 Annual Report

Stahl, S.D. 1989. Recognition of Jurassic transport of rocks of the Roberts Mountains allochthon: Evidence from the Sonoma Range, north-central Nevada in Geology Vol. 17, No. 7, pp. 645-648.

Stewart, J.H., and Carlson, J.E. 1978. Geologic map of Nevada: USGS Map, 1:500,000

Willden, R. 1964. Geology and mineral deposits of Humboldt County, Nevada: Nevada Bureau of Mines and Geology Bulletin 59, 154 p.

SEDAR White Knight Resources: News release September 20, 1999 News release April 19, 2000 News release July 20, 2000

Websites: Newmont Mining: http://www.newmont.com/north-america/nevada Golden Predator: http://www.goldenpredator.com/s/Adelaide.asp Atna Resources: http://www.atna.com/s/Pinson.asp Barrick Gold: http://www.barrick.com/GlobalOperations/NorthAmerica/MarigoldJV/default.aspx Humboldt County: http://www.hcnv.us

13.0 CERTIFICATE

I, Christopher O. Naas, P.Geo., do hereby certify that: 1. I am a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia (Registration Number 20082); 2. I am a graduate in geology of Dalhousie University (B.Sc., 1984); and have practiced in my profession continuously since 1987; 3. Since 1987, I have been involved in mineral exploration for precious and/or base metals in Canada, United States of America, Chile, Venezuela, Ghana, Mali, Nigeria, and Democratic Republic of the Congo (Zaire); for diamonds in Venezuela; and for rare metals in Nigeria. I have also been involved in the determination of base metal and gold resources for properties in Canada and Ghana, respectively, and the valuation of properties in Canada and Equatorial Guinea; 4. I am presently a Consulting Geologist and have been so since November 1987; 5. The opinions and conclusions contained herein are based on a review of previous records; 6. I have not visited the Rock Creek Property; 7. I have read the definition of “qualified person” set out in National Instrument 43-101 and certify that by reason of my education, affiliation with a professional association and past work experience, I fulfil the requirements to be a “qualified person” for the purposes of National Instrument 43-101; 8. In the disclosure of any information relating to legal, title, taxation, environmental, socio- political and related issues, I have relied on information provided to me by Mineral Titles Online, Discovery-Corp Enterprises Inc. and from public domain sources. 9. I do not own direct shares of Discovery-Corp Enterprises Inc. I am independent of Discovery-Corp Enterprises Inc. in accordance of Section 1.5 of National Instrument 43- 101; 10. I am not aware of any material fact or material change with respect to the subject matter of this report that is not reflected in this report, the omission to disclose which would make this report misleading. I reserve the right to amend or withdraw this report if there is a material change in any of the facts that I have relied upon. 11. I consent to the filing of this report with any stock exchange and other regulatory authority and the circulation of this report by Discovery-Corp Enterprises Inc. for the purpose of raising investment capital.

Dated at Richmond, British Columbia, this 25th day of October, 2010.

Christopher O. Naas, P.Geo.

APPENDIX I

ABBREVIATIONS AND CONVERSION FACTORS Appendix I Abbreviations and Conversion Factors

ABBREVIATIONS

Elements Abbreviations Ag Silver Az azimuth As Arsenic CDN$ Canadian dollars Au Gold ppm parts per million Ba Barium ppb parts per billion Cd Cadmium g/t grams per metric tonne Cu Copper oz/T troy ounces per ton Mo Molybdenum tpd metric tonnes per day Pb Lead Eq. Au Gold equivalent Sb Antimony UTM Universal Transverse Mercator Ti Titanium NAD83 North American Datum 1983 Zn Zinc °/ ‘ / “ degree/minute/second of arc Appendix I Abbreviations and Conversion Factors

CONVERSION FACTORS

Length 1 millimetre (mm) 0.03937 inches (in) 1 inch (in) 25.40 millimetre (mm) 1 centimetre (cm) 0.394 inches(in) 1 inch (in) 2.540 centimetres (cm) 1 metre (m) 3.281 feet (ft) 1 foot (ft) 0.3048 metres (m) 1 kilometre (km) 0.6214 mile (mi) 1 mile (mi) 1.609 kilometres (km)

Area 1 sq. centimeter (cm²) 0.1550 sq. inches (in²) 1 sq inch (in²) 6.452 sq. centimetres (cm²) 1 sq. metre (m²) 10.76 feet (ft²) 1 foot (ft) 0.0929 sq. metres (m²) 1 hectare (ha) (10,000 m²) 2.471 acres 1 acre 0.4047 hectare (ha) 1 hectare (ha) 0.003861 sq. miles (m²) 1 sq. mile (m²) 640 acres 1 hectare (ha) 0.01 sq. kilometre (km²) 1 sq. mile (m²) 259.0 hectare (ha) 1 sq. kilometre (km²) 0.3861 sq. miles (mi²) 1 sq. mile (m²) 2.590 sq. kilometres (km²)

Volume 1 cu. centimetre (cc) 0.06102 cu. inches (in3) 1 cu. inch (in3) 16.39 cu. centimetres (cm3) 1 cu. metre (m3) 1.308 cu. yards (yd3) 1 cu. yard (yd3) 0.7646 cu. metres (m3) 1 cu. metre (m3) 35.310 cu. feet (ft3) 1 cu. foot (ft3) 0.02832 cu. metres (m3) 1 litre (l) 0.2642 gallons (U.S.) 1 gallon (U.S.) 3.785 litres (l) 1 litre (l) 0.2200 gallons (U.K.) 1 gallon (U.K.) 4.546 litres (l)

Weights 1 gram (g) 0.03215 troy ounce (20dwt) 1 troy ounce (oz) 31.1034 grams (g) 1 gram (g) 0.6430 pennyweight (dwt) 1 pennyweight (dwt) 1.555 grams (g) 1 gram (g) 0.03527 oz avoirdupois 1 oz avoirdupois 28.35 grams (g) 1 kilogram (g) 2.205 lb avoirdupois 1 lb avoirdupois 0.4535 kilograms (kg) 1 tonne (t) (metric) 1.102 tons (T) (short ton) 1 ton (T) (short ton) (2000 lb) 0.9072 tonnes (t) 1 tonne (t) 0.9842 long ton 1 long ton (2240 lb) 1.016 tonnes (t)

Miscellaneous 1 cm/second 0.01968 ft/min 1 ft/min 50.81 cm/second 1 cu. m/second 22.82 million gal/day 1 million gal/day 0.04382 m3/second 1 cu. m/minute 264.2 gal/min 1 gal/min 0.003785 m3/minute 1 g/cu. m 62.43 lb/ cu. ft 1 lb/cu. ft3 0.01602 g/m3 1 g/cu. m 0.02458 oz/cu. yd 1 oz/cu. yd 40.6817 g/m3 1 Pascal (Pa) 0.000145 psi 1 psi 6985 Pascal 1 gram/tonne (g/t) 0.029216 troy ounce/ short ton (oz/T) 1 troy ounce/short ton (oz/T) 34.2857 grams/tonne (g/t) 1 g/t 0.583 dwt/short ton 1 dwt/short ton 1.714 g/t 1 g/t 0.653 dwt/long ton 1 dwt/long ton 1.531 g/t 1 g/t 0.0001 % 1 g/t 1 part per million (ppm) 1 % 10,000 part per million (ppm) 1 part per million (ppm) 1,000 part per billion (ppb) 1 part per billion (ppb) 0.001 part per million (ppm)

APPENDIX II

TITLE INFORMATION a. Title Search Report (Mineral Interest Only) b. Surface Rights Agreement c. Surface Rights Current Ownership

APPENDIX II

TITLE INFORMATION a. Title Search Report (Mineral Interest Only)

APPENDIX II

TITLE INFORMATION b. Surface Rights Agreement

APPENDIX II

TITLE INFORMATION c. Surface Rights Current Ownership

Private Land Information for Rock Creek Ranch

Property Title Search for current title holders for Rock Creek Ranch private lands.

http://www.hcnv.us:1401/cgi-bin/asw101

Current lands are held by

ROSASCO RICHARD & NANCY TRUST PO BOX 99 GOLCONDA, NV 89414

There is no information about surface and/or mineral rights on these lands in the information supplied via the website. This information should be included in the actual deed which should be available through the Humboldt County Recorder. The Recorder will also have documents on the Title Transfer.

Details of each parcel, including ID, legal name, and ownership history is presented below. The website source notes a caveat the ownership history may not be complete.

A second search on Prebble was carried out to confirm that all the Rosasco lands correspond to any associated with the Prebble lands. Results show 27 parcels with a Prebble hit, and correspond to the 27 parcels of Rosasco. This is presented at the end of this document.

Humboldt County Recorder: 775-623-6412

Deeds are located here. Office staff do not do searches but they can assist. A physical visit would be required. The deed may or may not indicate whether mineral rights are retained.

Humboldt County Assessor’s Office: 775-623-6310

Legal Description for Parcel # 008-451-21

Sect/ Town/ Legal Description Lot Block Range Acres SW 1/4 SW 1/4; N 1/2 SW 1/4; SW 1/4 NE 1/4; S 1/2 NW 1/4; 22 35 39 240.000

Ownership History for Parcel # 008-451-21

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO RICHARD 1998 2003 NANCY TRUST PO BOX 618 PO BOX 99 JAMESTOWN, CA 95327 GOLCONDA, NV 89414 HALL ROY L & BEA 1996 1999 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-451-23

Sect/ Town/ Legal Description Lot Block Range Acres E 1/2 SE 1/4; 22 35 39 80.000

Ownership History for Parcel # 008-451-23

REFER TO 00845136

Legal Description for Parcel # 008-451-28

Sect/ Town/ Legal Description Lot Block Range Acres NW 1/4 NW 1/4; 28 35 39 40.000

Ownership History for Parcel # 008-451-28

REFER TO 00845136

Legal Description for Parcel # 008-451-31

Sect/ Town/ Legal Description Lot Block Range Acres NE 1/4; N 1/2 SE 1/4; NE 1/4 SW 1/4; SE 1/4 NW 1/4; 28 35 39 320.000

Ownership History for Parcel # 008-451-31

REFER TO 00845136

Legal Description for Parcel # 008-451-36

Sect/ Town/ Legal Description Lot Block Range Acres ALL 25 35 39 640.000

Ownership History for Parcel # 008-451-36

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO RICHARD 1998 2003 NANCY TRUST PO BOX 618 PO BOX 99 JAMESTOWN, CA 95327 GOLCONDA, NV 89414 HALL ROY L & BEA 1997 1999 FRANKE P O BOX 218 GOLCONDA, NV 89414 HALL ROY L & BEA 1996 1998 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC C/O PIQUET RANCHES P O BOX 71 WINNEMUCCA, NV 89445

Legal Description for Parcel # 008-451-38

Sect/ Town/ Legal Description Lot Block Range Acres ALL 33 35 39 640.000 ALL 34 35 39 640.000 ALL 35 35 39 640.000 . TOTAL ACRES: 1,920.000

Ownership History for Parcel # 008-451-38

REFER TO 00845136

Legal Description for Parcel # 008-461-16

Sect/ Town/ Legal Description Lot Block Range Acres ALL 9 35 40 640.000

Ownership History for Parcel # 008-461-16

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO R J & N R 1998 2003 NANCY TRUST PO BOX 157 PO BOX 99 GOLCONDA, NV 89414 GOLCONDA, NV 89414 HALL ROY L & BEA 1996 1998 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 ROSASCO RICHARD 1997 1997

PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-461-17

Sect/ Town/ Legal Description Lot Block Range Acres ALL 17 35 40 640.000

Ownership History for Parcel # 008-461-17

REFER TO 00845136

Legal Description for Parcel # 008-461-23

Sect/ Town/ Legal Description Lot Block Range Acres ALL 19 35 40 622.500

Ownership History for Parcel # 008-461-23

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO RICHARD 1998 2003 NANCY TRUST PO BOX 618 PO BOX 99 JAMSTOWN, CA 95327 GOLCONDA, NV 89414 HALL ROY L & BEA 1996 1999 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-461-25

Sect/ Town/ Legal Description Lot Block Range Acres ALL 21 35 40 640.000

Ownership History for Parcel # 008-461-25

REFER TO 00845136

Legal Description for Parcel # 008-461-28

Sect/ Town/ Legal Description Lot Block Range Acres ALL 29 35 40 640.000

Ownership History for Parcel # 008-461-28

REFER TO 00845136

Legal Description for Parcel # 008-461-32

Sect/ Town/ Legal Description Lot Block Range Acres SE 1/4 SE 1/4; 28 35 40 40.000 ALL 31 35 40 624.000 S 1/2 32 35 40 320.000 ALL 33 35 40 640.000 TOTAL ACREDS 1,624.000

Ownership History for Parcel # 008-461-32

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO R J & N R 1998 2003 NANCY TRUST PO BOX 157 PO BOX 99 GOLCONDA, NV 89414 GOLCONDA, NV 89414 ROSASCO RICHARD 1997 1998

HALL ROY L & BEA 1996 1997 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-471-02

Sect/ Town/ Legal Description Lot Block Range Acres E 1/2; 5 34 39 320.000

Ownership History for Parcel # 008-471-02

REFER TO 00845136

Legal Description for Parcel # 008-471-04

Sect/ Town/ Legal Description Lot Block Range Acres ALL 3 34 39 641.080

Ownership History for Parcel # 008-471-04

REFER TO 00845136

Legal Description for Parcel # 008-471-06

Sect/ Town/ Legal Description Lot Block Range Acres ALL 1 34 39 708.470

Ownership History for Parcel # 008-471-06

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO R J & N R 1998 2003 NANCY TRUST PO BOX 157 PO BOX 99 GOLCONDA, NV 89414 GOLCONDA, NV 89414 ROSASCO RICHARD 1996 1998

HALL ROY L & BEA 1996 1997 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-471-07

Sect/ Town/ Legal Description Lot Block Range Acres ALL 9 34 39 640.000

Ownership History for Parcel # 008-471-07

REFER TO 00845136

Legal Description for Parcel # 008-471-09

Sect/ Town/ Legal Description Lot Block Range Acres ALL 11 34 39 640.000

Ownership History for Parcel # 008-471-09

REFER TO 00847109

Legal Description for Parcel # 008-471-11

Sect/ Town/ Legal Description Lot Block Range Acres E 1/2; 17 34 39 320.000

Ownership History for Parcel # 008-471-11

REFER TO 00845136

Legal Description for Parcel # 008-471-13

Sect/ Town/ Legal Description Lot Block Range Acres ALL 15 34 39 640.000

Ownership History for Parcel # 008-471-13

REFER TO 00845136

Legal Description for Parcel # 008-471-15

Sect/ Town/ Legal Description Lot Block Range Acres W 1/2; 13 34 39 320.000

Ownership History for Parcel # 008-471-15

REFER TO 00845136

Legal Description for Parcel # 008-471-16

Sect/ Town/ Legal Description Lot Block Range Acres ALL 21 34 39 640.000

Ownership History for Parcel # 008-471-16

REFER TO 00845136

Legal Description for Parcel # 008-471-18

Sect/ Town/ Legal Description Lot Block Range Acres ALL 23 34 39 640.000

Ownership History for Parcel # 008-471-18

REFER TO 00845136

Legal Description for Parcel # 008-471-19

Sect/ Town/ Legal Description Lot Block Range Acres E 1/2; 29 34 39 320.000

Ownership History for Parcel # 008-471-19

REFER TO 00845136

Legal Description for Parcel # 008-471-21

Sect/ Town/ Legal Description Lot Block Range Acres W 1/2; SW 1/4 SE 1/4; LOT 4 OF SE 1/4: 25 34 39 417.370 ALL 26 34 39 640.000 ALL 27 34 39 640.000 ALL 35 34 39 640.000 TOTAL ACREs: 2,337.370

Ownership History for Parcel # 008-471-21

REFER TO 00845136

Legal Description for Parcel # 008-471-22

Sect/ Town/ Legal Description Lot Block Range Acres ALL 33 34 39 640.000

Ownership History for Parcel # 008-471-22

REFER TO 00845136

Legal Description for Parcel # 008-481-01

Sect/ Town/ Legal Description Lot Block Range Acres SW 1/4 SE 1/4; 6 34 40 40.000

Ownership History for Parcel # 008-481-01

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO R J & N R 1998 2003 NANCY TRUST PO BOX 157 PO BOX 99 GOLCONDA, NV 89414 GOLCONDA, NV 89414 ROSASCO RICHARD 1997 1998

HALL ROY L & BEA 1996 1997 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Legal Description for Parcel # 008-481-02

Sect/ Town/ Legal Description Lot Block Range Acres ALL 5 34 40 637.460 N 1/2; N 1/2 SW 1/4; 6 34 40 385.760 TOTAL ACRES: 1,023.220

Ownership History for Parcel # 008-481-02

Current Owners Prior Owners Name From Name From To ROSASCO RICHARD & 2003 ROSASCO R J & N R 1998 2003 NANCY TRUST PO BOX 157 PO BOX 99 GOLCONDA, NV 89414 GOLCONDA, NV 89414 ROSASCO RICHARD 1998 1997

HALL ROY L & BEA 1996 1997 FRANKE GENERAL DELIVERY GOLCONDA, NV 89414 PENOLA G & E & 1993 1997 SEGURA R & S P O BOX 189 BATTLE MOUNTAIN, NV 89820 PREBBLE RESOURCES 1992 1994 USA INC

REFER TO 00845136

Search on Owner Name using “Prebble” in Humboldt County Assessor Data inquiry system

http://www.hcnv.us:1401/cgi-bin/asw101

(Parcel ID is linked to the web information)

008-451-21 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-451-23 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-451-28 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-451-31 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-451-36 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-451-38 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-16 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-17 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-23 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-25 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-28 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-461-32 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-02 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-04 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-06 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-07 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-09 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-11 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-13 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-15 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-16 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-18 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-19 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-21 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-471-22 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-481-01 PREBBLE RESOURCES USA INC <- Additional Owner Name 008-481-02 PREBBLE RESOURCES USA INC <- Additional Owner Name