Northern Eagle Gold Property Pic Township-Hemlo Gold Mining Area Thunder Bay Mining Division Marathon Region, Northwestern Ontario, Canada

ASSESSMENT REPORT ON THE PROSPECTING AND ROCK SAMPLING PROGRAM NON-CONTIGUOUS CLAIM TB 4204055 - NORTHERN EAGLE GOLD PROPERTY PIC TOWNSHIP-HEMLO GOLD MINING AREA THUNDER BAY MINING DIVISION MARATHON REGION, NORTHWESTERN ONTARIO, CANADA

For

RR#1, Grann Drive, Shuniah, Ontario, Canada P0T 2M0

prepared by:

Allan J. Willy, P. Eng., P. Geo., VP Exploration, Jiminex Inc. [email protected] tel: 416-462-1930 December 11, 2011

Claim Maps: Pic Twp. G-0630 NTS Maps: Federal 42D09 - 1: 50 000 scale Ontario 2016550053800 - 1:20 000 scale UTM Co-ordinates: 16U 554500 E - 5389900 N (approx. centre of Claim TB 4204055)

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 TABLE OF CONTENTS

SUMMARY ...... 4

1. INTRODUCTION ...... 7

2. CLAIM DESCRIPTION AND LOCATION...... 7

3. ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY ...... 10 3.1 ACCESS ...... 10 3.2 CLIMATE ...... 10 3.3 LOCAL RESOURCES AND INFRASTRUCTURE ...... 10 3.4 PHYSIOGRAPHY...... 11 3.5 FIRST NATIONS OF THE REGION ...... 11

4. HISTORY ...... 12 4.1 REGIONAL HISTORY ...... 12 4.2 CLAIM TB 4204055 HISTORY ...... 14

5. GEOLOGICAL SETTING ...... 17 5.1 REGIONAL GEOLOGY ...... 17 5.2 CLAIM TB 4204055 GEOLOGY ...... 18

6. DEPOSIT TYPES...... 21

7. MINERALIZATION...... 24

8. RECENT EXPLORATION ...... 24

9. PROSPECTING AND SAMPLING PROGRAM 2011 ...... 24

10. ADJACENT PROPERTIES ...... 27

11. INTERPRETATION AND CONCLUSIONS ...... 28

12. RECOMMENDATIONS ...... 28

13. REFERENCES AND BIBLIOGRAPHY ...... 29

14. SIGNATURE PAGE ...... 31 2

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 CERTIFICATE: ALLAN J. WILLY, P.ENG., P.GEO...... 32

APPENDIX 1: LIST OF PERSONNEL AND SUPPLIERS ...... 33

APPENDIX 2: ASSAY CERTIFICATES ...... 34

LIST OF TABLES

Table 1 – 2011 Sample Locations, Descriptions and Results ...... …..……..….…25

LIST OF FIGURES

Figure 1 Location Map...... 8 Figure 2 Mining Claim Map...... 9 Figure 3 Michano Historical Prospecting Map...... 15,16 Figure 4 Regional Geology...... 19 Figure 5 Claim TB 4204055 Geology...... 20 Figure 6 Longitudinal Section of the Hemlo Gold Deposit...... 23 Figure 7 2011 Prospecting Sample Location Map...... 26

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 SUMMARY

In September 2011, Jiminex Inc. contracted prospector Leonard Windover of Marathon, Ontario to prospect on the 2-claim unit non-contiguous claim number TB 4204055 belonging to the Northern Eagle property paying particular attention to historical trenches and to selecting samples having quartz vein and/or sulphide mineralization. Mr. Windover collected 25 rock samples which mostly assayed below detection limit for gold with the exception of one moderately geochemically-anomalous sample returning a value of 64 ppb gold from a carbonate vein.

Claim TB 4204055 is a non-contiguous part of the Northern Eagle Claim Property currently under a 50-50 joint venture between Jiminex Inc. and Beaufield Resources Inc., Nepean, Ontario with Jiminex Inc. being the Operator. The Claim is located in the Hemlo-Marathon area, Northwestern, Ontario and close to the Village of Heron Bay on the Pic River First Nations reserve. Infrastructure is excellent with Trans-Canada Highway 17, a power transmission line, a Canadian Pacific rail line, the Pic River and Barrick Gold Corp.’s Hemlo gold mine all nearby.

The first recorded gold discovery in the region was in 1869 when Moses Pee-Kon-Gay located mineralized showings near the present town of Heron Bay located about one km west of Claim TB 4204055. Prospecting and exploration continued from this time at sporadic and low to moderate levels up to the discovery of the Hemlo gold deposit by International Corona Mines Ltd. in March 1981. Since this time, dozens of junior mining companies and several senior companies have explored the Hemlo greenstone belt west to Marathon and east to White River. After the mines started production, the Hemlo exploration frenzy began to slow down with exploration work being done by only a few junior and major mining companies. Of the three mines established on the Hemlo deposit, the Golden Giant Mine was closed by Newmont Mining Corp. in January 2006. Barrick Gold Corp. owns the David Bell and Williams Mines which still in operation. Total gold production from the three mines on this deposit to December 31, 2010 is 20,370,271 ounces and reserves/resources are stated as 1,661,000 ounces for a total of 22,031,271 ounces of gold.

The ground currently covered by Claim TB 4204055 was briefly explored by Lynx Canada Explorations in 1984 and by Hemlo Gold Mines Inc. in 1992. The most extensive work was done in 1996 by Duncan Michano, a prospector from Heron Bay, who conducted prospecting, trenching, soil sampling, geological mapping and assaying. A best assay of 2.9 gpt gold was obtained from weathered carbonate vein with quartz blebs, sericite, pink potassium alteration, varying amounts of pyrite and a trace of green mica. In 2009, Beaufield Resources Inc. flew

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 the Northern Eagle property, which includes Claim 4204055, using the VTEM and magnetic survey system of Geotech Ltd.

Claim TB 4204055 is located in the east-central part of the Archean Schreiber-Hemlo greenstone belt which is situated in the northern part of the Wawa Subprovince, Superior Province of the Canadian Precambrian shield. The Hemlo portion of this greenstone belt is bounded to the north, south and east by large granitoid complexes which are the same age or older than the metavolcanics. Metamorphosed mafic volcanic flow rocks and intermediate to felsic calcalkaline volcaniclastite sedimentary rocks form the western part of the Hemlo greenstone belt, whereas metamorphosed greywacke-mudstone and minor metaconglomerate sedimentary rocks are predominant over metavolcanic rocks in the eastern part. The rock units strike easterly, have steep to vertical dips, and are isoclinally folded and normal faulted. Metamorphism is lower greenschist in the west part of the Hemlo belt up to upper amphibolite facies in the east, with the Claim TB 4204055 entirely in the greenschist zone.

The geology underlying Claim TB 4204055, from the historic reports, is described as being felsic volcanics ranging from fragmentals to crystal to ash tuffs A chlorite-sericite schistose zone with pyrite was noted on the north slope of an easterly-trending valley located immediately north of the adit. This could represent the trace of the regional Hemlo-Heron Bay shear zone. The rocks are metamorphosed to greenschist facies. An adit exists near the river excavated a couple metres into a 12 metre wide carbonate vein with quartz veinlets, tourmaline and pyrite.

There are two exploration target/models for Claim TB 4204055: the typical gold-bearing quartz- carbonate veins hosted in Precambrian greenstone rocks in close proximity to regional and local shear zones and the deeper replacement ore zones in a similar geological environment which are typified by the deeper portions of the nearby Hemlo gold deposit. It appears that the first model is represented by the surface showing at Claim TB 4202055 in that historic values of up to a high of 2.90 gpt gold were collected from a highly altered and weathered carbonate vein with quartz blebs, sericite, pink potassium alteration, varying amounts of pyrite and a trace of green mica. However, the presence of the chlorite-sericite schistose zone might suggest possible replacement-style gold mineralization.

During this 2011 prospecting program 25 rock grab samples were collected which appeared to contain sulfides and/or quartz veins and were sent for gold assay. The gold assay results indicate that the only samples which showed weakly anomalous gold (maximum 64 ppb) were taken from the carbonate vein at the adit.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 Claim TB 4202055 appears to have potential to host gold mineralization especially of the quartz-carbonate vein type found on the Stenlund property to the west. However, a possibility exists for replacement gold mineralization such as that occurring at the Hemlo gold deposit. The chloritic-sericitic schist zone noted by Michano suggests that the regional Hemlo-Heron Bay shear zone crosses Claim TB 4204055 and could represent a locus for gold deposition.

Claim TB 4204055 should be examined by a professional geologist who may be able to locate the 1996 strippings and trenches done by Duncan Michano and may recommend further mapping, stripping, trenching and sampling to be followed by testing any defined target zones by diamond drilling. The 25 sample pulps from this sampling program, stored at ActLabs in Thunder Bay, should be run for Code 1H INAA(INAAGEO)/Total Digestion ICP(TOTAL) to check for the Hemlo gold deposit trace/alteration elements: As, Ba, Hg, K, Mo, S, Sb, Te, Tl and V.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 1. INTRODUCTION In late September 2011, Jiminex Inc., Shuniah, Ontario contracted prospector Leonard Windover of Marathon, Ontario to prospect on the non-contiguous claim number TB 4204055 belonging to the Northern Eagle Property. Mr. Windover was to pay close attention to historical trenches on the power line near the northern claim boundary and to selecting samples having quartz vein and/or sulphide mineralization. Mr. Windover and assistant prospected the claim on October 3, 4 and 6, 2011 and collected 25 grab samples which were sent for gold analysis at Activation Laboratories Limited (ActLabs) in Thunder Bay, Ontario.

Although Mr. Windover has recently taken a prospecting course, he was unable to describe these samples due to the complex nature of the rocks. Mr. James R. B. Parres, President & CEO of Jiminex Inc., was able to access and examine Mr. Windover’s samples numbered 1075051 to 1075061 before they were sent to Actlabs, but was unable to access to the other 13 samples 1075007-009, 10750011-014, 10750017-18, 1075020-21, 1075023 and 1075027. An attempt to examine the rejects at ActLabs indicated that all the samples were crushed to less than 1 mm size rendering a description impossible.

2. CLAIM DESCRIPTION AND LOCATION Non-contiguous Claim TB 4204055 is sited in Pic Township within the Hemlo gold mining area of Northwestern Ontario, Canada (Figure 1). The Claim is located 2 km southeast of Heron Bay and straddles the Pic River. The Claim TB 4204055 is situated on Federal Series NTS 1:50,000 scale map sheet 42D/09 and Provincial Series 1:20 000 scale map sheets 20 16 5500 53800 approximately centred on NAD 83 UTM co-ordinates zone 16U 554500 E - 5389900 N.

The claim has 2 claim units and is 32 ha in area (Figure 2). The assessment filing of this report should put the claim in good standing until February 16, 2013 at which point an additional $800 of exploration work must have been filed.

Claim TB 4204055 is a non-contiguous part of the Northern Eagle Claim Property (Figure 1) currently under a 50-50 joint venture between Jiminex Inc. and Beaufield Resources Inc., Nepean, Ontario with Jiminex Inc. being the Operator. The claims have not been legally surveyed. The government of Ontario owns the surface rights. The government of Ontario requires expenditures of $400 per year per unit, prior to expiry, to keep the claims in good standing for the following year. The report must be submitted by the expiry date. There are no known environmental liabilities associated with this claim. No permits are required for early- stage exploration work on this claim but care must be taken if any such activity may affect discharge of material of fluids into the Pic River. Pic River First Nations should be notified of any work which may occur on their traditional lands.

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The Claim TB 4204055 is accessed by motor vehicle from the turn-off to Marathon, Ontario using the Trans-Canada Highway 17 east to Highway 627, a distance of 7 km, then for a distance 5 km south to the Village of Heron Bay, contained within Pic River First Nation lands. Approximately one km south of Heron Bay is the Canadian Pacific rail line which leads east to the Pic River and a trestle crossing the river. Walking a distance of two km east on the tracks will attain a power transmission line which leads south to the northeast corner of claim TB 4204055, a distance of 1.5 km. Permission must be obtained from the CPR to cross the trestle over the Pic River and, of course, for personal safety as the rail line is active.

3.2 CLIMATE

Claim TB 4204055 is located in a region of subarctic continental climate with a moderating effect created by Lake Superior. Sub-zero Celsius temperatures occur from approximately November to April with averages ranging from one to minus 15 degrees with extremes of minus 50 degrees having been historically recorded. Positive Celsius temperatures occur approximately from May to October with averages ranging from plus five to plus 15 degrees and extremes of plus 33 degrees having been historically noted. Rain occurs mostly from May to October with total rainfall averaging 50 to 60 centimetres during this period. Snowfall and snow cover persists approximately from November to April with the average snow depth being around 0.50 metres and extreme depths of up to 1.5 metres having been recorded in the past. Lakes, rivers and swamps will often be frozen during this period and could be safe to walk on from December to March and possibly to position diamond drills on during January to mid-March. Safety precautions for both foot and heavy equipment travel over these frozen surfaces should be exercised.

3.3 LOCAL RESOURCES AND INFRASTRUCTURE

The Claim TB 4204055 has excellent infrastructure being near the Trans-Canada Highway 17, a freight line of Canadian Pacific Railways and a high-voltage (230 kV) electrical power line. Barrick Gold Corp. operates a gold mining and milling complex 25 km to the east on Highway 17 from the Highway 627 turnoff.

The Town of Marathon located about a half hour or less drive to the west can provide most non- technical exploration supplies such as groceries, fuel, hardware, lumber and such, whereas the 10

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 City of Thunder Bay located roughly a three and one half hours drive west is a much larger centre which can provide some technical exploration supplies, geological and geophysical consultants and contractors as well as assay laboratories. The Ontario MNDM maintains both a resident geologist and mining lands office in Thunder Bay. Thunder Bay and other closer population centres can probably supply some trained mine and mill labour, as well as a trainable labour supply. Pic River traversing the Claim TB 4204055 is adequate to supply water for any mining and milling operations.

There is a paved airstrip 1220 m long by 30 m wide at the Marathon airport but there is no scheduled aircraft service. An international airport is available at Thunder Bay as well as car and truck rental businesses. Wilderness Helicopters operates a charter aircraft service out of their main base located at the Town of Wawa and a satellite base at Marathon (tel. 807-229- 8692) and have a fleet of four Bell long ranger helicopters flown by exploration experienced pilots. Watson Skyways operates a fixed wing aircraft service out of Wawa .

3.4 PHYSIOGRAPHY

Claim TB 4204055 has fairly flat-lying topography about 200 masl in elevation. The claim is mostly covered by thick deposits of glaciofluvial sediments and glacial moraine. Outcrops comprise less than 5% of the area. The main drainage system is provided by the Pic River which cuts a northerly trending steep-sided valley across the western Claim TB 4204055.

The claim is forested with black spruce, jack pine and poplar with much of the area having been logged. One should be vigilant for bears, moose, and sometimes hunters while working on these claims.

3.5 FIRST NATIONS OF THE REGION

The Ojibways of the Pic River First Nation (Pic River 50 Indian Reserve created 1914) are situated on a 317 ha reserve at Heron Bay located about four km south by southwest of the southwest corner of the Claim TB 4204055 (www.picriver.com ). The entire Northern Eagle property and Claim TB 4204055, as well as most in the region including the Hemlo gold mines, lies within the Pic River First Nation traditional lands. In 2007, the total population was recorded at 964, with 480 persons living on the reserve. The Pic River First Nation claims that their ancestors have been active in the region for over 15,000 years and the earliest known Chief was Ahdegonse (Little Caribou) in 1840. At some unspecified time, probably well before 1945, a group left the Pic River First Nation to form their own band to the west of the Hemlo mines area on White Lake and White River (www.picmobert.ca). This group is now known as Pic Mobert 11

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 First Nation and in 1971 the Canada Indian Act proclaimed the Indian reservations of Pic Mobert North and Pic Mobert South.. The total on reserves population is about 241 as of the 2006 census.

Both Bands partake in hydroelectric development on the Black and White rivers, and the Pic River Band is involved with forestry operations and cable television/internet. Jiminex Inc. management should meet with the two band chiefs in regard to future exploration activities, as both groups claim traditional land rights covering the Northern Eagle property and Claim TB 4204055.

4. HISTORY 4.1 REGIONAL HISTORY

A generalized regional history has been gleaned from a number of sources including Muir (1982), Hart (1985), and Lefolii (1987), from various MNDM assessment files and from the internet. This regional history highlights what the author considers to be notable events leading up to the discovery of Hemlo gold mining camp in 1981 and to the first major gold exploration effort over the surrounding region including the area covered by the Northern Eagle property and Claim TB 4204055.

The first recorded gold discovery in the region was in 1869 when Moses Pee-Kon-Gay located mineralized showings near the present town of Heron Bay located about one km west of Claim TB 4204055. In 1927, Joe Lecours, master of the Hemlo CPR station, located a nearby reportedly rich gold find which returned assays of 5 to 94 g/t gold (0.15 to 2.74 oz./T gold). During 1931, part of the Hemlo area was included in the geological mapping of a larger area to the west by J.E. Thomson for the Ontario Department of Mines. In 1930, Bowhill Mines took a 225 kg bulk sample from the Pee-Kon-Gay prospect, which assayed 10.3 g/t gold (0.30 oz./T gold).

In 1944, Peter Moses of Heron Bay discovered gold along the main ore horizon of the current Hemlo gold deposit and showed it to Harry Ollmann of Bowhill Mines. Ollmann, a Heron Bay store keeper, and Dr. L.G. Williams, a Maryland U.S.A. radiologist, staked 11 mining claims in September 1945 which covered the Williams property. A gold-bearing pyrite mineralized zone was defined by 15 x-ray diamond drill holes with the best assay being 4.11 g/t gold (0.12 oz./T gold). The claims were surveyed and patented.

During 1946, Lakehead Technical Institute (now Lakehead University) professor and consulting geologist Trevor Page of Thunder Bay, Dr. Williams, Heron Bay prospector Moses Fisher and 12

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 Lakehead department head and geologist Mel Bartley staked 33 claims to the east, west and south of the patented Williams claims. Lake Superior Mining Corporation was formed to acquire these claims and conducted stripping, trenching and diamond drilling. The Lake Superior Shear Zone running east-southeast through the Williams claims was tested by 20 diamond drill holes to the east of the patented claims and resulted in a reserve estimate by Trevor Page of 28 675 tons grading 8.57 g/t gold (0.25 oz./T gold) to a depth of 91 metres. Later, in 1958, Page calculated reserves of 81 000 tons grading 6.86 g/t (0.20 oz./T) gold. Lake Superior Mining Corporation dissolved in 1965.

In 1972, Ardel Explorations Ltd. drilled 3 holes east of the Lake Superior Mining Corporation drill sites. The tonnage and grade was recalculated to 135 000 t grading 7.20 g/t gold (0.21 oz. /T gold). The claims lapsed and were later restaked by and optioned but no work was done and they lapsed. In 1978, Tom Muir (1982) mapped the area for the OGS.

During 1979 and 1980, Timmins, Ontario prospectors John Larch and Don McKinnon staked many claims surrounding the Williams patented claims and optioned them to Corona Resources (the Lake Superior Mining Corp. area) and to Golden Sceptre Resources and Goliath Gold Mines. Timmins consulting geologist David Bell began exploration on the Corona claims during November 1980 and diamond drilling commenced in January 1981.

The first 70 Corona drill holes were on the original Lake Superior Mining Corporation zone which delineated reserves of 681 000 t at 3.43 g/t gold (0.10 oz./T gold). Step-out drilling began and a discovery hole completed in May 1981, (drill hole CR81-76) intersected a weighted average of 10.63 g/t gold (0.31 oz./T gold) over 3.2 metres (10.5 feet).

Noranda Mines Ltd. started production from the Golden Giant Mine on the Goliath Gold Mines property in April 1985. Lac Minerals began production at the Page-Williams Mine on the Williams patented claims in December 1985, and Teck Resources-International Corona Resources started pouring gold at the David Bell Mine sited on the old Lake Superior Mining Corporation claims east of the Williams Claim property in October 1986.

Since the Hemlo gold mining camp discovery in 1981, dozens of junior mining companies and several senior companies have explored the Hemlo greenstone belt west to Marathon and east to White River. After the mines started production, the Hemlo exploration frenzy began to slow down with exploration work being done by only a few junior and major mining companies. No new gold deposits have been located since the discovery, however, a couple promising areas requiring further work have been outlined of which the Northern Eagle property and the Stenlund Claim property located near Heron Bay are notable examples.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

The Golden Giant Mine was closed by Newmont Mining Corp. in January 2006. Barrick Gold Corp. owns the David Bell and Williams Mines which still in operation. Total gold production from the three mines on this deposit to December 31, 2010 is 20,370,271 ounces and reserves/resources are stated as 1,661,000 ounces for an overall total of 22,031,271 ounces of gold (Scott et al., 2010).

4.2 CLAIM TB 4204055 HISTORY

There is no record of any exploration over claim TB 4204055 until after the Hemlo gold discovery by Corona Resources in May 1981. At this time intense claim-staking and Claim TB 4204055 optioning occurred in the region during the remainder of 1981 and into 1982.

The first work on the claim TB 4204055 appears to have been a VLF-EM geophysical survey and geological mapping over a grid consisting of 3.5 km of cut line by Lynx Canada Explorations Ltd. and Spartan Resources Inc. in 1984 ( R. Crowley, 1984). The mapping report describes the Claim TB 4204055 as being underlain by mafic to intermediate volcanics that strike easterly and dip moderately to steeply to the north. Seven outcrops were sampled and analysed for gold with the best value being 301 ppb in a “mafic-quartz mixture with massive to disseminated pyrite.

In 1992, Noranda Exploration Company Limited, for Hemlo Gold Mines Inc., conducted reconnaissance geological mapping along the north-south claim lines on the Moses Option (R. Calhoun). The rocks were mapped as felsic volcanics consisting of mainly pyroclastic and lapilli tuffs of medium grey to green with variable amounts of sericite. Two outcrop samples with 2- 5% pyrite returned assay values of 8 and 88 ppb in gold.

In 1996, Duncan Michano (1996) conducted soil sampling, mapping and sampling, stripping, blasting, sampling and assaying over the Claim TB 4204055 (Figure 4). A total of 65 rock grab samples returned a best assay value of 2.9 gpt (0.085 oz./T) gold. Michano concluded that it is possible a zone of anomalous gold values occurs across the northern part of the Claim TB 4204055. Twenty-seven soil samples were collected with the best analytical result being 175 ppb gold. Michano recommended further stripping, geophysics and diamond drilling which was never done.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

Legend for Figure 3 – Michano Historical Prospecting Map

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 16

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 5. GEOLOGICAL SETTING

5.1 REGIONAL GEOLOGY

Claim TB 4204055 is located in the east-central part of the Archean Schreiber-Hemlo greenstone belt which is situated in the northern part of the Wawa Subprovince, Superior Province of the Canadian Precambrian shield. The Hemlo portion of this greenstone belt is bounded to the north, south and east by large granitoid complexes which are the same age or older than the metavolcanics (Figure 4). Metamorphosed mafic volcanic flow rocks and intermediate to felsic calcalkaline volcaniclastite sedimentary rocks form the western part of the Hemlo greenstone belt, whereas metamorphosed greywacke-mudstone and minor metaconglomerate sedimentary rocks are predominant over metavolcanic rocks in the eastern part. The Proterozoic age Coldwell alkalic intrusion occurs on the west limit of the Hemlo greenstone belt (Jackson et al. 1998; Muir 1997, 2000; Thompson 2006). The rock units strike easterly, have steep to vertical dips, and are isoclinally folded and normal faulted. Metamorphism is lower greenschist in the west part of the Hemlo belt up to upper amphibolite facies in the east, with the Claim TB 4204055 entirely in the greenschist zone.

Two major rock sequences are recognized by Muir (1982) in the belt, the Playter Harbour and Heron Bay sequences. The Playter Harbour sequence is composed of tholeiitic basalt volcanic flows and tuffs, and the Heron Bay sequence is a diverse assemblage of mafic tholeiitic basalts, intermediate to felsic calc-alkaline volcanics and sedimentary rocks of volcanic derivation. The Playter Harbour sequence occurs in contact with the south edge of the Heron Bay Pluton. The Heron Bay sequence rock units are situated in contact with the north boundary of the Heron Bay Pluton and underlie Claim TB 4204055 and the mines of the Hemlo gold mining camp, which are located 25 km to the east.

The mafic tholeiitic volcanics of the Heron Bay sequence are massive to pillowed commonly variolitic flow and pyroclastic fragmental rocks. The intermediate to felsic calc-alkaline volcanics consist mainly of matrix-supported plagiophyric and lapilli tuffs (ash units) which show well-developed sedimentary features. The felsic flows are uncommon appearing as thin massive units whereas the crystal tuffs are common. Most of the metasedimentary rocks are distal clastic rocks such as siltstones, arkoses and wackes derived from unconsolidated volcanic rocks. In the Heron Bay sequence, the horizon hosting the Hemlo mineralization occurs at the interfingering of volcanic rocks and volcaniclastic sediments on the west with epiclastic wacke sedimentary rocks to the east.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 There are a number of east-westerly trending shear/fault zones transecting the Hemlo gold mining camp, the major ones being the Lake Superior shear zone associated with the main mineralized zone of the Hemlo gold deposit and the Hemlo fault zone to the south. From Muir’s geological map (2000), it appears that the Lake Superior shear zone and the Hemlo fault zone may join just west of the Hemlo mining camp and continue westward onto the Claim TB 4204055. This structure may bifurcate just over the eastern boundary of the Northern Eagle property to continue west-southwestwardly across the southern sector, and beyond where it crosses Claim TB 4204055, and west to north-westerly across the northern part of the claim block. This structure is also called the Hemlo-Heron Bay Shear Zone (Wild, 2005).

5.2 CLAIM TB 4204055 GEOLOGY

The geology underlying Claim TB 4204055, from the historic reports, is described as being entirely felsic volcanics ranging from fragmentals to crystal to ash tuffs (Michano, 1996, Figures 3 & 5). A chlorite-sericite schistose zone with pyrite was noted on the north slope of an easterly-trending valley located immediately north of the adit. This could represent the trace of the regional Hemlo-Heron Bay shear zone. The rocks are metamorphosed to greenschist facies. Carbonate (quartz-carbonate?) veins are found across the property. An adit exists near the river excavated a couple metres into a 12 metre wide carbonate vein with quartz veinlets, tourmaline and pyrite.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 560,000 -- 565,000

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One exploration target and deposit model for Claim TB 4204055 is the typical Precambrian greenstone belt gold-bearing quartz-carbonate vein systems associated with regional and local fault/shear zones often bearing a few percent pyrite or arsenopyrite and less frequently traces of chalcopyrite and galena. These are the types of deposits located in gold mining camps such as Red lake, Geraldton-Beardmore, Timmins and Kirkland Lake, Ontario. Also, the western part of the Hemlo gold deposit, as described below, and the Stenlund gold-bearing zones represent this target and model.

Another exploration target and deposit model for Claim TB 4204055 is gold mineralization similar to that of the world-class Hemlo deposit located about 25 km to the east. The Hemlo gold deposit was discovered in 1981 after years of intermittent largely unsuccessful exploration due to the lack of a surface exposure and any distinct geophysical response. Muir (2002) proposed that the Hemlo gold deposit is “an atypical, mesozonal-orogenic, disseminated-

replacement-stockwork deposit, broadly synchronous with D2 [second stage deformation] and “middle” stage granitoid plutonism, prior to or synchronous with peak regional metamorphism, and involving magmatic ± metamorphic fluids”.

The Hemlo deposit is located within the Schreiber-Hemlo greenstone belt at the Hemlo-Heron Bay Shear Zone (Wild, 2005). The deposit varies from 5 to 50 metres in thickness extending for approximately 3 000 metres in length to about 2 000 metres deep and dipping at 60 to 70o to the northeast. The ore zone gets thicker moving from the east to the west with a general decrease in average grade. The deposit plunges moderately to the west and is rarely exposed on surface. About 90% of the ore is below 500 vertical metres deep (Figure 6).

The Hemlo gold deposit is associated with high strain zones (D2 structurally-controlled) at a restraining bend in the Hemlo greenstone belt and the volcanic-sedimentary contact of the Moose Lake volcanic complex (Muir, 2002). The restraining bend relates to changes in the type of alteration and mineralization which requires the deposit to be subdivided into two segments: the West Segment and the Main Segment.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 The West Segment of the Hemlo gold deposit strikes west and exhibits many, lower-grade, irregularly mineralized west- to west-northwest-striking zones. The gold mineralization is locally fracture-controlled or disseminated. The Main Segment consists of two main tabular zones with mainly disseminated mineralization which strike to 290o and contain most of the ore. The two tabular zones are the Main Mineralized Zone hosted in the Lake Superior shear zone and the Lower Mineralized Zone occurring within the Moose Lake fault zone. The deposit is asymmetrically enveloped by an inner potassic-feldspar alteration zone grading out into a sericitic alteration zone, both combined having dimensions of about 4 km long and up to 400 metres wide.

The predominant emplacement controls appear to be the restraining bend, a competency contrast at a major rock contact and a permeable fragmental unit. Barite is associated with the deposit and is believed to be a product of the mineralizing hydrothermal system.

The main and lower ore zones of the Hemlo deposit are associated with a tight to isoclinal fold in the Moose Lake porphyry and occur at the geological contacts between the porphyry and metasedimentary rocks (Lin, 2001a). The Moose Lake porphyry is felsic containing abundant quartz (± feldspar) phenocrysts in a fine-grained matrix, and is considered to be volcanic. This unit grades from massive to fragmental in the west to only fragmental in the east. Barite is associated with both ore zones and forms part of the barite ore. There is a mafic fragmental unit at the contact between the Moose Lake porphyry and the hanging-wall sediments, consisting of felsic fragments in a biotite-rich matrix. This unit is considered to be the protolith of the ore as it is closely associated with the ore and is generally mineralized to lower subore grade in concentrations of one to two grams gold per tonne (Lin, 2001a).

Both the main and lower ore zones of the Hemlo deposit have feldspathic ore, sericitic ore and several minor types. The ore is variably enriched in molybdenum (as molybdenite), gold (in the native state), arsenic (as realgar), mercury (as cinnabar), antimony (both native and as stibnite), barium (as barite and barium-rich microcline), vanadium (as green vanadium-rich mica) and minor biotite. The ore normally contains 3 to 35 percent pyrite and molybdenite. The molybdenite imparts a bluish color to the ore and is a good indicator of the presence of gold. The feldspathic ore is typically of higher grade. The sericitic ore is strongly foliated and is composed of 40-60% quartz, 15-30% muscovite, feldspar, biotite and green mica. The sericitic ore can have up to 15 percent pyrite with traces of molybdenite. Usually, the sericitic ore surrounds the feldspathic ore and is of lesser grade (Lin, 2001a).

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 HEMLO GOLD DEPOSIT: SURFACE PLAN VIEW NEWMONT (GOLDEN GIANT) PROPERTY

NEWMONT (GOLDEN SCEPTRE) PROPERTY H

~ EmmO~ 0 250~ metres

~ Ore/subore zone r----1 Up-dip projection of ~ at surface [__J ore zone to surface

HEMLO GOLD DEPOSIT: PROJECTED LONGITUDINAL SECTION Main 111/illiams Mine ESE

! . • 0 ...... ·• ; .· ~<:> ~ - -- ... - :~·~tf,/ NEWMONT . ··~,'i f-.. (GOLIATH GOLD) _ __; .'Lower PROPERTY / Mineralized Zone (GGM) Approximate overall lateral extent of LMZ , -- • j Main Mineralized Zone Proven I probable ore; possible ore Diabase dike C Zone I North Zones 0 250 500 Proven I probable ore; possible ore L- -- 1 Property Lower Mineralized Zone -....r"~~ boundary metres Proven I probable ore

500m 500 m I C

90% gold ore Main Mineralized Zone Main Mineralized Zone ~ 20to200 ~ gram-metres ~ > 3glt ~ > 200 ~ gram-metres km Figure 6 - Longitudinal Section of the Hemlo Deposit (modified after Muir, 2002)

A.J. Willy, P.Eng. Jiminex Inc. JJDITDDDUO®~ ~UO@o Toronto, ON, Canada December 2011 I~ 7. MINERALIZATION

From the historical reporting and maps, claim TB 4204055 has quartz-carbonate veins hosted in felsic metavolcanics from which one grab sample was taken which assayed 2.90 gpt gold as well as 9 samples collected which are moderately to highly geochemically-anomalous in gold (Figure 3; Michano, 1996). The 2.90 gpt and higher geochemical values were from a highly altered and weathered carbonate vein with quartz blebs, sericite, pink potassium alteration, varying amounts of pyrite and a trace of green mica. This vein is sited in the trenched area on the power line close to the northern boundary of Claim TB 4304055 (Figure 3). It is in this locale that the best historical assays were obtained from grabs taken from the strippings and trenches located here and which seem to be associated with the major chloritic and sericitic shear possibly being the trace of the Hemlo-Heron Bay regional shear zone (Figure 5). In addition, an adit exists near the river which was excavated a couple metres into a 12 metre wide carbonate vein with quartz veinlets, tourmaline and pyrite. Two weakly geochemically- anomalous gold samples, 30 and 55 ppb, were taken from this adit. Results from the current sampling program by Jiminex Inc. appear in Section 9.

8. RECENT EXPLORATION

Beaufield Resources Inc. conducted an airborne versatile time-domain electromagnetic (VTEM) system and a caesium aeromagnetic survey in January 2009 (Geotech Ltd., 2009). A total of 447 line-km of survey lines were flown and six 1:10 000 scale colored maps were produced as follows: total magnetic intensity (TMI), VTEM B-Field Channel 27 Time Gate 2.307 ms, VTEM B-Field Profiles Time Gates 0.234 to 6.578 ms with TMI colour image, VTEM dB/dt Profiles Time Gates 0.234 to 6.578 ms, VTEM B-Field Calculated Time Constant (Tau), and the First Vertical Derivative of TMI (1VD). Claim TB 4204055 was covered during this survey which also covered most of the Northern Eagle property. No interpretation was done for this survey.

9. PROSPECTING AND SAMPLING PROGRAM 2011

Prospector Leonard Windover and assistant spent 3 days prospecting Claim TB 4204055 but did not locate the old trenches described by Michano (1996; Figure 3). However, Mr. Windover located the adit into the 12 m wide carbonate vein describe in Section 8. A total of 25 rock grab samples which appeared to contain sulfides and/or quartz veins were collected and sent for gold assay at ActLabs and UTM coordinates, descriptions where available and gold assay results appear in Table 1 and locations appear in Figure 7. From Table 1 gold assay results it appears that the only samples which showed weakly anomalous gold were taken from the carbonate vein at the adit. 24

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 Table 1: Sample Locations, Descriptions and Results, Claim 4204055, Hemlo, Ontario

Loc. UTM Co-ord. Assay Gold Description Map No. (16U) No. (g/t) 1 554805E-5389975N 1075051 <5 White qtz vein, minor chl 2 554801E-5389964N 1075052 7 mostly qtz and calc crystals 3 554801E-5389947N 1075053 <5 shd and silc mafic rock 4 554870E-5389886N 1075054 <5 ser sch, light colored 5 554870E-5389886N 1075055 <5 altered felsic rock 6 554869E-5389884N 1075056 <5 mafic rock 7 554766E-5389949N 1075057 <5 felsic porphyritic rock 8 554746E-5389932N 1075058 <5 felsic metased, very sheared 9 554748E-5389940N 1075059 6 felsic rock very sheared, altered, minor py 10 554726E-5389891N 1075060 8 intermed volc sheared, rusty 11 554712E-5389953N 1075061 6 intermed volc 12 adit 554476E-5389847N 1075007 <5 12 m wide carb vein in felsic fragmental volcs. 13 adit 554476E-5389847N 1075008 64 12 m wide carb vein in felsic fragmental volcs. 14 adit 554476E-5389847N 1075014 <5 12 m wide carb vein in felsic fragmental volcs. 15 adit 554476E-5389847N 1075021 5 12 m wide carb vein in felsic fragmental volcs. 16 adit 554476E-5389847N 1075025 <5 12 m wide carb vein in felsic fragmental volcs. 17 adit 554476E-5389847N 1075027 23 12 m wide carb vein in felsic fragmental volcs. 18 554853E-5389912N 1075009 9 No hand sample description, in felsic frag volcs. 19 554762E-5390004N 1075011 19 No hand sample description, in felsic frag volcs. 20 554815E-5389944N 1075012 7 No hand sample description, in felsic frag volcs. 21 554828E-5389898N 1075013 12 No hand sample description, in felsic frag volcs. 22 554389E-5390060N 1075017 <5 No hand sample description, in felsic frag volcs. 23 554389E-5390060N 1075018 <5 No hand sample description, in felsic frag volcs. 24 554883E-5389915N 1075020 <5 No hand sample description, in felsic frag volcs. 25* 554369E-5390212N 1075022 <5 No hand sample description, in felsic frag volcs. 26 554387E-5390060N 1075023 <5 No hand sample description, in felsic frag volcs. 27* 554369E-5390212N 1075024 <5 No hand sample description, in felsic frag volcs.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 10. ADJACENT PROPERTIES

The Hemlo gold deposit, located approximately 15 km east of the Northern Eagle property and Claim TB 4204055, is an adjacent property which has been discussed in Section 7. Deposit Types. The Stenlund property is located 2 km west of Claim TB 4204055 and is owned by Teck-Cominco. The Stenlund property consists of four sub parallel gold zones hosted in quartz-carbonate veins within felsic volcanics, mafic volcanics and quartz-feldspar porphyry (Wild, 2005). The Hemlo-Heron Bay regional fault is interpreted to transverse this property, as well as Claim TB 4204055, and be associated with the mineralized zones situated parallel, adjacent and up to 300 metres south of this regional structure. Though extensive diamond drilling has been done, no resources have yet been announced for this property.

The Stenlund property was first looked at in 1872 when Moses Peekongay discovered gold mineralization and in the next couple years a “shaft” was excavated to a depth of 17 metres on the “Heron Bay Mine”. Much later, in 1938, Bowhill Mines found another gold bearing vein on which a selective 225 kg bulk sample graded 10.3 g/t gold (0.30 ounces per ton). In 1979, Victor Stenlund staked the property and drilled several vertical holes near the workings. In 1983, during the Hemlo gold rush, Lytton Minerals actively explored this property and put down 67 diamond drill holes totalling 15,675 metres. From this time until present time, a total of 110 diamond drill holes totalling 34, 608 metres of core have been completed by various juniors and more recent years by Teck Cominco Corporation which now owns the Stenlund property.

The Main Zone (“Heron Bay Mine” zone) is about 1800 metres on strike and roughly 150 to 200 metres wide as defined by a series of en echelon quartz-carbonate veins with an alteration envelope of sericitization contained within a broader zone of carbonatization. The alteration envelope is strongly depleted in sodium and enriched in potassium, molybdenum, gold, zinc, copper and locally barium. Most of the 30+ diamond drill holes completed on this had strongly anomalous geochemical values in gold in the order of 100 to 200 ppb, with local “highs” of up to 4.1 g/t gold over 1.0 metres ( 0.12 ounces gold over 3.3 feet). Some higher grade gold values (greater than 13.7 g/t gold (0.40 ounces gold per ton) were obtained including a rather spectacular one grading 165.6 g/t gold over 0.30 metres (4.83 ounces gold per ton over 1.0 feet). These apparently had only limited lateral and vertical continuity.

The North Zone is roughly 300 metres north of the Main Zone and anomalous gold mineralization occurs in a corridor up to 50 m wide in carbonate-rich veins hosted in sheared felsic fragmentals and porphyry sills. Gold mineralization of up to 12.6 g/t gold over 3.0 metres (0.37 ounces gold per ton over 9.84 feet) at depths of 400 metres have been encountered. The C Zone is just north of the North Zone in the northwest part of the Stenlund property and occurs

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 discontinuously along a footwall contact of a large the quartz-feldspar porphyry sill. Drill assay results include 6.3 g/t gold over 4.1 m (0.18 ounces gold per ton over 13.45 feet) and 18.2 g/t gold over 1.5 m (0.53 ounces gold per ton over 4.9 feet). The porphyry Zone is north of the C Zone and consists of gold mineralization intersected over a strike of 200 metres on the upper contact of the same large quartz-feldspar porphyry sill. The gold mineralization is commonly associated with very hard, bleached zone in the quartz feldspar porphyry and contains 3-5% disseminated pyrite and variable frequency of quartz veining. One hole intersected 9.2 g/t gold over 4.2 metres (0.27 ounces gold per ton. over 13.8 feet). Broader zones of 0.8 to 1.4 g/t gold over 10-15 metres (0.02 to 0.04 ounces gold per ton over 30-50 feet) have also been intercepted by historical drilling.

Though comparisons have been made between the Hemlo gold deposit and the geology at the Stenlund property, this doesn’t appear to be a replacement-style like the major portion of the Hemlo deposit. Rather the Stenlund property has fracture-infilling similar to that occurring on the Golden Sceptre ground in the western portion of the Hemlo gold deposit. Perhaps, Stenlund-type mineralization may be found along or near to the Hemlo-Heron Bay regional fault where it crosses the Northern Eagle property and Claim TB 4204055.

11. INTERPRETATION AND CONCLUSIONS

Claim TB 4202055 appears to have potential to host gold mineralization especially of the quartz-carbonate vein type found on the Stenlund property to the west. However, a possibility exists for replacement gold mineralization such as that occurring at the Hemlo gold deposit. The chloritic-sericitic schist zone noted by Michano suggests that the regional Hemlo-Heron Bay shear zone crosses Claim TB 4204055 and could represent a locus for gold deposition.

12. RECOMMENDATIONS

The 25 sample pulps from this sampling program, stored at ActLabs in Thunder Bay, should be run for Code 1H INAA(INAAGEO)/Total Digestion ICP(TOTAL) to check for the Hemlo gold deposit trace/alteration elements: As, Ba, Hg, K, Mo, S, Sb, Te, Tl and V.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 13. REFERENCES AND BIBLIOGRAPHY

Beakhouse, G. P. Nature, Timing and Significance of Intermediate to Felsic Intrusive (2001) Rocks Associated with the Hemlo Greenstone Belt and Implications for the Regional Geological Setting of the Hemlo Gold Deposit, Ontario Geological Survey Open File Report 6020, 248p.

Clark, J.G., NI 43-101 Compliant Geological Evaluation Report of The Northern Willy, A.J. Eagle Gold Property – a Deep Exploration Target, Pic and Lecours (2009) Townships - Hemlo Gold Mining Area, Thunder Bay Mining Division, Northwestern Ontario, Canada, 53 p., an independent written for Jiminex Inc. and filed on SEDAR in Canada.

Calhoun, R. Noranda Exploration Company Limited for Hemlo Gold Mines Inc., (19920 Moses option, Report of Work: Prospecting, Ontario MNDMF assessment file AFRI # 42D09NW0001, 12p, 1 uncol. map

Crowley, R. No Title, VLF-EM ground geophysical survey and grid geological (1984) mapping for Lynx-Canada Explorations Ltd. and Spartan Resources Inc., Ontario MNDMF assessment file AFRI # 42D09NE0171, 14p, 2 uncol. maps

Geotech Ltd. Report on a Helicopter-Borne Versatile Time Domain Electromagnetic (2009) (VTEM) Geophysical Survey, Hemlo Property, Marathon, Ontario for Beaufield Resources Inc. A report filed with the Ontario MNDM, filing no. 2.41108, 27p., 6 col. 1:10 000 scale maps.

Hart, M. Golden Giant, Hemlo and the Rush for Canada’s Gold. 176p. (1985) Published by Douglas & McIntyre, Vancouver/Toronto, Canada, ISBN 0-88894-467-5.

Lefolii, K. Claims, Adventures in the Gold Trade. 264p. Published by Key Porter (1987) Books Limited Toronto, Ontario, Canada, ISBN 1-55013-000-5.

Lin, S. Stratigraphic and Structural Setting of the Hemlo Gold Deposit, (2001a) Ontario, Canada. IN: Econ. Geol. Vol. 96, pp. 477-507.

(2001b) Geology, The Hemlo Gold Camp, Ontario; Geol. Surv. Can., Map 1975A Scale 1:10 000.

Michano, D. Work assessment report, Michano/Moses claims, Heron Bay/Pic River (1996) and Black River Area, Summer 1996, Claims 102149 and 1021420, Ontario MNDMF assessment file AFRI#42D09NE0087, 121p, 14 uncol. maps and sketches.

Muir, T. L. Geology of the Hemlo Area, District of Thunder Bay. OGS Rep. 217, (1982) 65p., 1 col. map 2452 scale 1:31,680.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 (1982) Geology of the Heron Bay Area, District of Thunder Bay. OGS Rep. 218, 89p., 1 col. map 2439 scale 1:31,680.

(1997) Precambrian Geology, Hemlo Gold Deposit Area, OGS Rep. 289, 165p., 8 col. maps 1:5 000, one col. map 1:20 000.

(1998) 15. Project Unit 94-096. Detailed Geology of the Northern Eagle Claim TB 4204055 Barite Occurrence, Hemlo area, IN: Summary of Field Work and Other Activities 1998, OGS Misc. Pap. 169, eds. J.A. Ayer, C.L. Baker, J.C. Ireland, R.I. Kelly and P.C. Thurston, pp 91-103.

(2002) The Hemlo gold deposit, Ontario, Canada: principal deposit characteristics and constraints on mineralization. Ore Geology Reviews, Vol. 21, Issues 1-2, pp1-66.

(2003) Structural evolution of the Hemlo greenstone belt in the vicinity of the world-class Hemlo gold deposit. IN: Can. J. Earth Sci. 40: pp 395-430.

Muir, T., 15. The Regional Framework of the Hemlo Gold Deposit. IN: Jackson, S.L. Summary of Field Work and Other Activities 1999, OGS Open File & Beakhouse, G.P. Rept. 6000, eds. Baker, J.C. Ireland, R.I. Kelly and P.C. Thurston, J.A. Ayer, C.L. pp 15-1 to 15-6. (1999)

Muir, T., Geology and Gold Deposits of the Hemlo Area Revised Edition. Schneiders, B.R. Geol. Assoc. of Canada - Toronto’91, Hemlo Field Trip Guidebook, & Smyk, M.C. 120p. (1995)

Ontario Geol. Surv. Geological Compilation Eastern Half of the Schreiber-Hemlo (2000) Greenstone Belt, col. Map 2614, 1:50 000.

Rivard, D. Technical Report and Recommendations, August-Sept. 2007 (2007) Exploration Program Hemlo Property, Ontario. Ontario MNDM assessment file submission #2.36636.10, 18p., 2 col. 1:10 000 scale maps.

Ronacher, E. Assessment Report: Geocad Geotechnical Data Modelling, Northern (2010) Eagle Gold Property, Pic and Lecours Townships, Hemlo Gold Mining Area, Thunder Bay Mining Division, Northwestern Ontario, Canada, 39 p., Digital interactive pdf images. A private company report filed with the Ontario Ministry of Northern Development, Mines and Forestry, Mines and Minerals Branch assessment file office, Sudbury, Ontario

Scott, J.F. Report of Activities, 2010, Resident Geologist Program, Thunder Bay Campbell, D.A. , South Regional Resident Geologist Report, Thunder Bay South Lockwood H.C., District, Ontario Geological Survey, Open File Report 6263, 75p. Bennett, N.A., Brunelle, M.R. & Pelaia, R 30

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 (2010)

Thompson, P. H. A New Metamorphic Framework for the Hemlo Greenstone Belt: (2006) Implications for Deformation, Plutonism, Alteration and Gold Mineralization. OGS Open File Rep. 6190, 80p., 1 col. map 1:50 000.

Wild, C. J. Technical Report on the Stenlund Project, Pic Township, Ontario for (2005) Navasota Resources Ltd., a report filed on SEDAR (www.sedar.com) , 34p.

14. SIGNATURE PAGE

This report titled "Assessment Report on the Prospecting and Rock Sampling Program, Non- Contiguous Claim TB4204055-Northern Eagle Gold Property, Pic Township, Hemlo Gold Mining Area, Thunder Bay Mining Division, Marathon Region, Northwestern Ontario, Canada for Jiminex Inc." dated December 11, 2011 was prepared and signed by the following author:

Dated effective as of December 11, 2011

Allan J. Willy, P.Eng., P.Geo. Toronto, Ontario, Canada VP Exploration, Jiminex Inc.

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 CERTIFICATE: ALLAN J. WILLY, P.ENG., P.GEO.

To Accompany the Report titled "Assessment Report on the Prospecting and Rock Sampling Program, Non-Contiguous Claim TB4204055-Northern Eagle Gold Property, Pic Township, Hemlo Gold Mining Area, Thunder Bay Mining Division, Marathon Region, Northwestern Ontario, Canada for Jiminex Inc." dated December 11, 2011.

I, Allan J. Willy, P.Eng., P.Geo., do hereby certify that:

I reside in Toronto, Ontario, Canada

1. I am a graduate from the University of Saskatchewan, Saskatoon, Saskatchewan with Bachelor of Science (1972), a Bachelor of Science Advanced Certificate (1973) and a Post-graduate Diploma (1976), all in Geological Sciences, and I have practised my profession continuously since that time. I worked in uranium exploration between 1972 and 1982 and various commodities since that time with a specialty in Precambrian vein- type gold deposits.

2. I am a Professional Engineer licensed by the Professional Engineers Ontario (licence #50323500). I am also keep a Professional Engineer and Professional Geoscientist non-practice membership status with The Association of Professional Engineers and Geoscientists of Saskatchewan (licence # 4197).

3. I am not independent of Jiminex Inc. being the Vice-President of Exploration, Secretary and a Director holding securities in the company.

4. I have not visited Claim TB 4204055 but have visited the Northern Eagle Property.

5. I was solely responsible for all sections of this report.

______Allan J. Willy, P.Eng., P.Geo. December 11, 2011 Toronto, Ontario 32

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

APPENDIX 1: LIST OF PERSONNEL AND SUPPLIERS

Leonard Windover -- Prospecting -- Marathon, Ontario -- October 3, 4 and 6, 2011 Shawn Vasding ----- Assistant -- Marathon, Ontario -- October 3, 4 and 6, 2011

Allan J. Willy, P.Eng. – Geologist – Toronto, ON -- Report -- December 1-11, 2011

Activation Laboratories Ltd., Thunder Bay, Ontario – assaying – October 2011

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011

APPENDIX 2: ASSAY CERTIFICATES

ALLAN J. WILLY, P. ENG. VP EXPLORATION, December 11, 2011 Quality Analysis ... Innovative Technologies

Date Submitted: 25-Oct-11 Invoice No.: A11-12401 Invoice Date: 07-Nov-11 Your Reference: Misehkow River

Jiminex Inc. RR#1 Pass Lake Ontario P0T2M0 Canada

ATTN: Jim Parres CERTIFICATE OF ANALYSIS

12 Rock samples were submitted for analysis.

The following analytical package was requested: Code 1A2-Tbay Au - Fire Assay AA (QOP Fire Assay Tbay)

REPORT A11-12401

This report may be reproduced without our consent. If only selected portions of the report are reproduced, permission must be obtained. If no instructions were given at time of sample submittal regarding excess material, it will be discarded within 90 days of this report. Our liability is limited solely to the analytical cost of these analyses. Test results are representative only of material submitted for analysis.

Notes: If value exceeds upper limit we recommend reassay by fire assay gravimetric-Code 1A3 CERTIFIED BY :

Emmanuel Eseme , Ph.D. Quality Control

ACTIVATION LABORATORIES LTD.

1336 Sandhill Drive, Ancaster, Ontario Canada L9G 4V5 TELEPHONE +1.905.648.9611 or +1.888.228.5227 FAX +1.905.648.9613 E-MAIL [email protected] ACTLABS GROUP WEBSITE www.actlabs.com Activation Laboratories Ltd. Report: A11-12401 Analyte Symbol Au Unit Symbol ppb Detection Limit 5 Analysis Method FA-AA

1075051 < 5 1075052 7 1075053 < 5 1075054 < 5 1075055 < 5 1075056 < 5 1075057 < 5 1075058 < 5 1075059 6 1075060 8 1075061 6 1075062 22

Page 2 of 3 Activation Laboratories Ltd. Report: A11-12401 Quality Control

Analyte Symbol Au Unit Symbol ppb Detection Limit 5 Analysis Method FA-AA

OxJ80 Meas 2420 OxJ80 Cert 2331.000 OxJ80 Meas 2420 OxJ80 Cert 2331.000 OxF85 Meas 815 OxF85 Cert 805.000 OxF85 Meas 816 OxF85 Cert 805.000 1075054 Orig < 5 1075054 Dup < 5 1075062 Orig 22 1075062 Split 27

Page 3 of 3 Quality Analysis ... Innovative Technologies

Date Submitted: 12-Oct-11 Invoice No.: A11-11791 Invoice Date: 28-Oct-11 Your Reference: HEMLO

Jiminex Inc. RR#1 Pass Lake Ontario P0T2M0 Canada

ATTN: Jim Parres CERTIFICATE OF ANALYSIS

27 Rock samples were submitted for analysis.

The following analytical package was requested: Code 1A2-Tbay Au - Fire Assay AA (QOP Fire Assay Tbay)

REPORT A11-11791

Notes: If value exceeds upper limit we recommend reassay by fire assay gravimetric-Code 1A3 CERTIFIED BY :

Emmanuel Eseme , Ph.D. Quality Control

ACTIVATION LABORATORIES LTD.

1336 Sandhill Drive, Ancaster, Ontario Canada L9G 4V5 TELEPHONE +1.905.648.9611 or +1.888.228.5227 FAX +1.905.648.9613 E-MAIL [email protected] ACTLABS GROUP WEBSITE www.actlabs.com Activation Laboratories Ltd. Report: A11-11791 Analyte Symbol Au Unit Symbol ppb Detection Limit 5 Analysis Method FA-AA

1075001 < 5 1075002 < 5 1075003 < 5 1075004 < 5 1075005 < 5 1075006 < 5 1075007 < 5 1075008 64 1075009 9 1075010 < 5 1075011 19 1075012 7 1075013 12 1075014 < 5 1075015 < 5 1075016 < 5 1075017 < 5 1075018 < 5 1075019 < 5 1075020 < 5 1075021 5 1075022 < 5 1075023 < 5 1075024 < 5 1075025 < 5 1075026 < 5 1075027 23

Page 2 of 3 Activation Laboratories Ltd. Report: A11-11791 Quality Control

Analyte Symbol Au Unit Symbol ppb Detection Limit 5 Analysis Method FA-AA

OxJ80 Meas 2410 OxJ80 Cert 2331.000 OxF85 Meas 794 OxF85 Cert 805.000 1075010 Orig < 5 1075010 Dup < 5 1075020 Orig < 5 1075020 Dup < 5 1075027 Orig 23 1075027 Split 23

Page 3 of 3