Report of the Diamond Drilling on the Rossmere Property Drill Holes RM-10-01 and RM-10-02

Thunder Bay Mining Division Conacher Township & Hagey Township Province of Ontario

Paul E. Nielsen, P.Geo

March 2010

For: Drift Lake Resources Inc. 8 Kennington Court Richmond Hill, ON L4E 2R7 TABLE OF CONTENTS

Introduction ……………………………………………………………………. 1

Property, Location and Access …………………………………………………. 1

Physiography …………………………………………………………………….. 2

Regional Geology ……………………………………………………………...… 2

Claim Status …………………………………………………………………….. 4

Previous Work ………………………………………………………………….. 5

Diamond Drill Results ………………………………………………………….. 7

Analytical Methods ………………………………………………………..…….. 8

Conclusions and Recommendations ……………………………………………. 8

Statements of Qualifications ……………………………………………………. 9

References ………………………………………………………………………. 10

Appendix A: Property Location Map, Claim Continuity Map

Appendix B: Plan Map, Drill Hole Cross Sections, Drill Logs, Assay Certificate INTRODUCTION

This report summarizes two diamond drill holes results on claim 3014046 drilled from February 19 to 25 of 2010. The two holes total 277m of diamond drilling on the Rossmere property. The Rossmere property consists of 21 contiguous mining claims (212 units) located in Hagey (G-0661), and Conacher (G-0646) Townships. The claims are registered to East West Resource Corporation which has recently been reorganized and renamed Rainy Mountain Royalty Corp. Currently Drift Lake Resources is funding an exploration program on the property under an agreement that will allow them to earn an interest in the property. The Rossmere Property is located approximately 75 kilometres west of the city of Thunder Bay, Ontario. This drill program tested IP anomalies that were discovered during a 2005 survey. The holes were designed to intersect the IP anomalies testing for gold potential in sulphide bearing zones. The property has shown highly anomalous gold soil values (with the highest assay being 788 ppb Au, by Kukkee in 2004). The property also covers a series of parallel shear zones and the extension of other known gold zones. The property is located contiguously north and east of Band- Ore's gold Property. Band-Ore's Main (No.1) Zone has an estimated reserve of 706,000 tons grading 6.86 grams per tonne (glt) gold above the 500-foot level as estimated by Watts, Griffis and McOuat in 1980. Another zone (No. 4) 800 metres southwest of this is comprised of three sub zones named Telluride, Upper and Lower Zones which consist of sheared and altered felsic to intermediate pyroclastics. Reserves on these sub-zones have been calculated by Mattagami Lake Explorations Ltd. (subsidiary of Noranda Mines Ltd.) to be approximately 616,000 tonnes of 4.83 g/t gold and 7.71 g/t silver.

PROPERTY, LOCATION AND ACCESS

The Rossmere property is located approximately 75 kilometres west of the city of Thunder Bay, Ontario. The property can be reached via highway 11/17 west from Thunder Bay then left onto Highway 11 at the Shabaqua junction. Follow Highway 11 to the Shebandowan dump road which allows access to the drill site areas.

1 PHYSIOGRAPHY

The Rossmere property consists of rolling hills and low swampy areas. The elevation of topographically high areas is generally about 470m, reaching a maximum of 503m on the property. These high ridges are generally not vertical. The topographically low areas of the property exist at elevations of about 450m. The property encompasses parts of Shafton Lake, and includes many smaller ponds and seasonal creeks. The Swamp River also flows through the property as well as Rossmere Creek. The low lying areas of the property consist of sphagnum bogs with black spruce trees and Labrador Tea ground vegetation. There are some eskers on the property with both steep and shallow sloping edges reaching lengths as long as 400m. There has been logging on the property anywhere from 25-30 years ago up to current cutting on some blocks. Many of the older logged areas are regenerating as a jack pine plantation. Much of the property has also been subject to a burn roughly 30 years ago. These areas are regenerating as poplar, birch and spruce groves primarily.

REGIONAL GEOLOGY

The regional geology of the lower Shebandowan area in which the Rossmere claims are located is underlain by east-trending metavolcanics and metasediments of Precambrian age. The Lower Shebandowan area consists of felsic to mafic intrusive rocks, and felsic to mafic metavolcanics. The north east end of the claims is covered by the metasedimentary rocks such as greywacke and biotite-quartz-feldspar schist. The boundary of these sediments occurs at the Postans Fault. The Postans fault affects the northeast claims and is topographically low in relief and almost entirely covered with swamp or overburden. Metavolcanics occur both to the north and south of Shebandowan Lake. These are intermediate to mafic in composition, with minor felsic sections. Pillowed outcrops such as the outcrop adjacent to Highway 11 on the north side and east side of Swamp River indicate the top of the sequence faces to the north. The Shebandowan Lake Stock occurs to the south of the property in the Hagey and Conacher Townships. The Shebandowan Lake Stock has a quartz diorite composition. The majority of the mapped areas consist of mafic to intermediate metavolcanics. These

2 units are moderately to highly altered, and mineral assemblages are typical of that of greenschist facies metamorphism. The rock units occur as a series of flows and pyroclastic rocks. The pyroclastic rocks include fine to medium grained tuff, lapilli tuff and tuff breccia. The tuff is generally white to pale green on the weathered surface east of the Swamp River. Within the tuff, felsic fragments give the tuff a knobby appearance; almost giving it a porphyritic looking texture. The greywacke along the Drift Lake Road north of Highway 11 is composed of fine-grained hornblende, brown biotite, quartz, feldspar, sericite, and magnetite (Morin, 1973). W.D. Birk reported sillimanite, almandine garnet and staurolite in some areas. As well, contained in the mapped areas of the Rossmere claims are gabbro bodies. These units tend to have a contact trending 110 degrees consistent with Postans Fault and with the foliation of the surrounding rock units. The gabbro is grey white to tan on the weathered surface, and mottled grey to green on fresh surfaces. The gabbro appears to have altered to chlorite, epidote and hornblende. The presence of quartz carbonate veins seem to increase near the contact boundaries of the gabbro bodies. The quartz veins range in size from a few millimeters up to roughly two meters in width. Some of the veining shows rusting to an orange- red colour accompanied by minor traces of green malachite staining. The quartz veins are sometimes associated with a pale pinkish red alteration mineral at the walls of the vein. On claim TB 4206013 encompassing approximately 500 square meters there is an area of pillows, chert bedding and flow breccias. These are associated with disseminated to large (up to 2cm) cubic euhedral pyrite. Often the sulfides are concentrated bands and seen as extensive rusting on weathered surfaces. There exists an area of feldspar porphyry units within claim TB 4206015 The deposit types being investigated encompass three different types of gold hosts. Targets are quartz feldspar porphyries similar to the ones found south of Pistol Lake. Shear hosted gold deposits similar to Band-Ore style deposits which lie adjacent to the claims mapped. Gold bearing quartz veins were also an exploration target investigated. The Rossmere property covers a number of anomalous gold values in altered carbonated sheared volcanics as well as an area of highly anomalous gold soil values. The property also covers a series of parallel shear zones and the extension of several other known gold zones. The alteration and setting is similar to that of the Porcupine Gold camp. Porphyry intrusions occur along the trend on the property that are directly related to the gold mineralization.

3 CLAIM STATUS

The property consists of 21 contiguous mining claims located in Conacher and Hagey township, part of the Thunder Bay Mining Division. Claim status is listed as follows:

CLAIM_NUMBER RECORDING DATE DUE DATE AREA_HA TOWNSHIP_AREA 4203452 8. Mar. 2005 8. Jun. 2010 75 CONACHER 4203453 8. Mar. 2005 8. Jun. 2010 38 CONACHER 4206014 12. Apr. 2005 12. Apr. 2010 219 HAGEY 4206015 12. Apr. 2005 12. Apr. 2010 155 HAGEY 4206016 12. Apr. 2005 12. Apr. 2010 221 HAGEY 4206017 12. Apr. 2005 12. Apr. 2010 176 HAGEY 4206018 12. Apr. 2005 12. Apr. 2010 185 HAGEY 4206019 12. Apr. 2005 12. Apr. 2010 154 CONACHER 4206020 12. Apr. 2005 12. Apr. 2010 247 CONACHER 4206021 12. Apr. 2005 12. Apr. 2010 189 CONACHER 4206022 12. Apr. 2005 12. Apr. 2010 250 CONACHER 4206023 12. Apr. 2005 12. Apr. 2010 127 CONACHER 4206024 12. Apr. 2005 12. Apr. 2010 243 CONACHER 4221511 1. May. 2007 1. May. 2010 145 HAGEY 4221512 1. May. 2007 1. May. 2010 139 HAGEY 4221513 1. May. 2007 1. May. 2010 103 HAGEY 4221514 1. May. 2007 1. May. 2010 200 HAGEY 4207820 26. May. 2006 26. May. 2010 276 HAGEY 3014046 2. Sep. 2003 2. Sep. 2010 66 CONACHER 3014047 2. Sep. 2003 2. Sep. 2010 57 CONACHER 3014048 2. Sep. 2003 2. Sep. 2010 73 CONACHER

4 PREVIOUS WORK

1938 - T.L. Tanton supervised regional mapping project. Geology of Shebandowan area, Ontario, Geological Survey of Canada Map 338A, scale 1 inch to 1 mile.

1973 - J.A. Morin supervised the mapping of the "Lower Shebandowan Lake Area, District of Thunder Bay, Ontario, (Map 2267) Ontario Division of Mines, Geological Report 110.

1981 - Mattagami Lake Exploration Ltd. drilled one hole of 152.4 metres on the current claim 4206016; no significant assays were returned, the highest being 0.019 oz/ton (651 ppb) gold.

1981 -82 - Greenwich Lake Explorations Ltd. performed a comprehensive exploration program, including diamond drilling, on the Frank West property west of current claim 4206016. During this program one hole was drilled on the current claim 420616 of 407 feet (124 metres); no significant assays were reported.

1988 - North Coast Industries Ltd. 10 Diamond Drill Holes were drilled on the Hag Lake Project, Shebandowan Ontario. Some of these holes may fall in a current East West Resources claim, TB 4203452, but the exact locations are unknown. The other holes border current claims. A number of these holes intersected anomalous, but sub-gram gold values.

1988 - Noranda Exploration Ltd. mapped and collected 66 soil samples for a humus geological survey. Samples were spaced at 50-metre intervals along north-south claim lines. Lines were also cut along 100m intervals totalling 9.0 kilometres. Exsics Exploration Ltd. conducted a magnetometer an Induced Polarization (IP) survey for Noranda Exploration Ltd. 16 surface outcrop samples were also sent for assay.

1988 - Newmont Exploration of Canada did geology, geochemistry and ground

5 magnetic surveys on 11 claim units southeast of Shafton Lake.

1989 - Noranda Exploration Ltd excavated 4 trenches uncovering 295 metres of bedrock and 75 samples were assayed. This was on the ground of current claim number TB 4206024.

1990 - Art Wallace, Dan Calvert and Allan Wing had a diamond drill (WC-90-01) hole drilled 498 linear feet in depth including 65.5 feet of overburden. Drilling was contracted to Forages Impact Drilling Inc. 53.3 linear feet in 23 samples were sent for assay from the drill hole, with no significant assays returned.

1991 - Ontario Geological Survey conducted an airborne electromagnetic and magnetic surveys. Map 81 560. This utilized a towed bird helicopter borne system (Aerodat).

1993 - B. DISilva and D. Parker conducted a geological mapping and geochemical prospecting program on the Shafton Lake Property. 179 rock samples were assayed by multi-element analysis.

1996 - I.A. Osmani supervised regional mapping project for the Ontario Geological Survey in the Upper and Middle Shebandowan Lake areas. Preliminary Map P.3312.

1998 - Strathcore Resources/Proam Exploration did an induced polarization (IP) survey. Data was provided by Magnum Explorations.

2004 - Ken Kukkee did a geochemical analysis on 18 humus samples, returning a high assay value of 788 ppb gold.

2005 - East West Resource Corporation had grid lines cut at 100m intervals totalling 20.4 kilometres and Geosig Inc conducted an induced polarization (IP) survey on 17 kilometres of this grid.

6 2006 - East West Resource Corporation conducted a mapping and prospecting program. 83 samples were sent for assays, with slightly anomalous gold values being returned in the assay results (a high of 36 ppb gold) along with anomalous copper and silver values.

2008 – East West Resource Corporation conducted a trenching program on the property.

2009 – East West Resource Corporation conducted a 4 drill hole program.

DIAMOND DRILL RESULTS

The drill program tested IP anomalies identified during a geophysical survey previously conducted on the property in August of 2005. The drill logs and cross-sections and plan are provided in Appendix A of this report. Four samples were sent from hole RM-10-01 and four samples from RM-10-02 were sent for assay to test for gold mineralization.

RM-10-01 The hole intersected graphitic fine grained metasediments throughout the entirety of the the hole from 19.0 to 101m. Heavily disseminated pyrite up to 15% by volume was intersected from 93.5 to 101m. The pyrite appears as disseminated euhedral grains in bands parallel to schistosity. Assay results yielded low gold values, the maximum being 0.013 ppm from 47.0-48.0 m.

RM-10-02 The hole intersected fine grained metasedimentary rocks with a minor band of siliceous tuff to a depth of 92.5m. The remaining portion of the hole intersected graphitic argillite to the end of the hole at 176m. Mineralization consists mainly of pyrite as wispy veinlets and heavily disseminated bands up to 10% by volume from 123.0 - 132.3 m. Assay results yielded low gold values, the maximum being 0.008 ppm from 89.7-91m.

7 ANALYTICAL METHODS

Eight drill core samples were assayed for gold mineralization by ALS Chemex. The data can be found in Appendix B. Samples are crushed in Thunder Bay and then sent to the laboratory in Vancouver. ALS Chemex has attained ISO 9001:2000 registration at all North American and Peruvian laboratories as well as the Brisbane, Australia site. The analytical method used involves fire assay of a 30g pulverized (<75 um) sample with atomic absorption finish. The ALS Chemex designated code is Au-AA23. A more extensive description of the analytical procedure is available on the ALS Chemex website at www.alsglobal.com.

CONCLUSIONS AND RECOMMENDATIONS

Drilling was designed to test for gold mineralization coincident with induced polarization anomalies discovered in a survey on the property in 2005. Both drill holes intersected up to 15% disseminated pyrite within graphitic argillite host rocks which would explain the source of the conductive zones. Assay results yielded only low gold values. Numerous other IP zones remain untested and further ground followup (mapping and prospecting) is recommended before further diamond drilling is carried out.

8 Statement of Qualifications

I, Paul E. Nielsen am a graduate of Lakehead University with a HBSc in Geology 1974.

I am a member in good standing of the Association of Professional Geoscientists of Ontario since 2004 (#1130)

I am a member of the Northwestern Ontario Prospectors Association (NWOPA) and the Ontario Prospectors Association (OPA).

I have been engaged in mineral exploration for gold and VMS deposits with junior and major mining companies throughout Canada for the past 36 years. Active projects were located in Northern Ontario, New Brunswick, Manitoba, Saskatchewan, British Columbia and the Northwest Territories.

______

Paul E. Nielsen, P.Geo.

March 22, 2010

9 REFERENCES

Canada Stockwatch, (2003) News release on the Band-Ore Gold deposits, August 8, 2003.

Kukkee, K., (2004) Humus samples from Swamp River Property. (www.goldpropertyavailable.com) “Golden Sceptre Property”

Morin, J.A., (1973) Geology of the Lower Shebandowan Lake Area, District of Thunder Bay, Ontario. Ontario Division of Mines, GR 110.

10 Appendix A

General Location Map Claim Contiguity Map

11 95 ° W 90 ° W 85 ° W 80 ° W

Hudson Bay 55 ° N °55

55 55 ° N Ontario

a b o it n a M

James Bay

Q 50 ° N °50

Lake e 50 50 ° N Nipigon b

Location Rossmere Property

Lake Superior

kilometres

95 ° W 90 ° W 85 ° W 80 ° W 696000 mE 704000 mE 712000 mE 720000 mE

SwampSwamp LakeLake CowlesCowles LakeLake AlphaAlpha LakeLake CowlesCowles LakeLake

UpperUpper SabrinaSabrina LakeLake 5396000 mN 5396000 LowerLower SabrinaSabrina LakeLake TwoTwo MileMile LakeLake DriftDrift LakeLake FarFar LakeLake

5396000 mN RossmereRossmere PropertyProperty LittleLittle KabaigonKabaigon LakeLake KabaigonKabaigon LakeLake

422151242215124221512 EastEast DivideDivide LakeLake 422151142215114221511 PostansPostans LakeEastLakeEast DivideDivide LakeLake 422151142215114221511 ShaftonShafton LakeLake PostansPostans LakeLake 422151342215134221513 422151442215144221514 420601442060144206014

AmpAmp LakeLake 420782042078204207820 420601742060174206017 420601542060154206015 PistolPistol LakeLake MatheMathePistolPistol LakeLake LakeLake 420602242060224206022 420602042060204206020 420602142060214206021 420602342060234206023 420601942060194206019 420601842060184206018 ShebandowanShebandowan LakesLakes 420601842060184206018 ShebandowanShebandowan LakesLakes 420601642060164206016 301404730140473014047 420601642060164206016 301404630140463014046 301404830140483014048 420345342034534203453 420345342034534203453 420602442060244206024 420345242034524203452 420602442060244206024 BLACKWELLBLACKWELL HAINESHAINES HAGEYHAGEY

LochLoch SmithSmith CONACHERCONACHER mN 5388000 LochLoch MacdougallMacdougall BowesBowes LakeLake LochLoch ErneErne ShebandowanShebandowan LakesLakes 5388000 mN

LochLoch MuichMuichConklinConklin LakeLakeLochLoch McLeanMcLean

ShebandowanShebandowan Ni/CuNi/Cu MineMine HolstromHolstrom LakeLake (past(past(past producer)producer)producer) Projection: UTMBeaverBeaver NAD83 LakeLake Zone15 Claim Contiguity 0 2.5 5 Map kilometers Rossmere Property

696000 mE 704000 mE 712000 mE 720000 mE Appendix B

Drill Hole Plan Map Drill Hole Cross Sections Drill Logs Assay Certificate 712,000 mE 712,500 mE 713,000 mE 713,500 mE

696000 mE 704000 mE 712000 mE 720000 mE

RM-10-02 176m 5396000 mN 5396000 5396000 mN

4221512 RM-10-02 4221511 4221514 4206014

4207820 4206015 4206017

4206022 4206020 4206021 4206023 4206019 4206018 4206016 3014048

3014047 4206024

3014046 5,391,500mN 4203452 4203453

RM-10-01 mN 5388000 101m 5388000 mN 5,391,500 mN 5,391,500

RM-10-01 0 2.5 5 kilometers

696000 mE 704000 mE 712000 mE 720000 mE

D u m p R o a d 5,391,000mN

v i

R Hwy 11 p

w 5,391,000 mN 5,391,000 S

Drift Lake Resources

Date:15/03/2010

Author: PN

Office: TB

Drawing: Pl03

Scale: 1:2500 Projection: UTM Zone 15 (NAD 83)

712,000 mE 712,500 mE 713,000 mE 713,500 mE 25 0 25 50

metres 5,391,430mN 5,391,450mN 5,391,470mN 5,391,490mN 5,391,510mN 480mRL 480mRL

RM-10-0

n 460mRL

460mRL Over Burde

Claim % 1 Pyrite 3014046 440mRL

5 0.00

440mRL Pyrite 1%

Pyrite 1%

Pyrite 10% 0.01 s 9 0.00 3 0.01

tic metasediment Pyrite 10%

Graphi

Pyrite 5% 420mRL 420mRL

Pyrite 10%

Pyrite 1%

leID o H

Pyrite 5%

Mineralization

Au (ppm) 400mRL

Major Litho 400mRL Unit Pyrite 1%

Pyrite 10% EOH

Pyrite 15%

RM-10-01 Drift Lake Resources Inc. 101m

Date:17/3/2010 Rossmere Property

Author: PN Diamond Drill Section 380mRL

Office: Hole RM-10-01 380mRL Drawing:

Scale: 1:250 Projection: Non-Earth (meters)

0 5 10

metres

5,391,430mN 5,391,450mN 5,391,470mN 5,391,490mN 5,391,510mN 5,391,600mN 5,391,620mN 5,391,640mN 5,391,660mN 5,391,680mN 5,391,700mN 5,391,720mN 5,391,740mN 490mRL 490mRL 470mRL 470mRL

RM-10-0

Overburden 450mRL 450mRL

ent 430mRL m

430mRL Metasedi

diment e 410mRL

tered metas

410mRL Al

Pyrite 1% 5 Claim 0.00 Tuff 3014046

Pyrite 1% 8

0.00 6 Pyrite 5% 0.00 390mRL 390mRL

Pyrite 5%

Pyrite 1-5%

Pyrite 1-5% Pyrite 1-5%

Pyrite 1-5%

Pyrite 1-5% 370mRL Pyrite 10% 370mRL

Graphitic argillite Pyrite 10%

5 0.00 Pyrite 1-5%

Pyrite 1-5% 350mRL

Pyrite 1%

Pyrite 1-5%

RM-10-02 176m 330mRL 330mRL

Drift Lake Resources Inc.

leID o H

Date:17/3/2010 Rossmere Property

Mineralization Author: PN Diamond Drill Section

Au (ppm) Office: Hole RM-10-02

Drawing: 310mRL Major Litho Unit Scale: 1:250 Projection: Non-Earth (meters) 310mRL

EOH 0 5 10

metres

5,391,600mN 5,391,620mN 5,391,640mN 5,391,660mN 5,391,680mN 5,391,700mN 5,391,720mN 5,391,740mN Drill Hole Log RM-09-01 Hole ID: RM-10-01 Project: Rossmere Year 2010 Claim: 3014046 TWP: Conacher Grid X: L1100E Easting: 713052.00 UTM Zone: 15 Grid Azimuth: 180 Dip -45 Length: 101.00m Casing: Left in Grid Y: Northing: 5391430.00 Datum: NAD83 True Azimuth: 180 Elev (m): Core Size: NQ Casing (m): 19 Target: IP Anomaly Drill Start: 20/02/2010 Log Start: 21/02/2010 Drill Company: North Star Drilling Drilled for: Drift Lake Resources Drll Finish: 22/02/2010 Log Finish: 23/02/2010 Foreman: Jamie Jaques Storage: 1158A Russell St. Thunder Bay, Ont. Surveyed Logged by: M. Husslage Checked by: P. Nielsen Comments:

From To Lithology Code 0.00 19.00 Overburden 14 19 101 Graphitic Metasediments 6 Drill Hole Log RM-09-01

From To Lithology Code Sample From To Width Au (ppm) H368502 27.50 28.50 1.00 <0.005 H368507 42.50 44.00 1.50 0.010 H368508 45.50 47.00 1.50 0.009 H368509 47.00 48.00 1.00 0.013

0.00 19.00 Overburden 14

Overburden consists of boulders of salt and pepper granite, pink feldspar granite and monzogranite. Some gravel size granite also present in the core.

19.00 101.00 Graphitic Metasediments 6

Unit is a light grey to black coloured, fine to medium grained schistosed graphitic metasediment with some tuffaceous sections. Core is highly fractured and in some section is rubble, due to the intensity of the schitosity. The fracture suirfaces of the breaks are smooth and shiny. The unit contains an abundance of pyrite occuring disseminated and as cubic euhedral grains, 1cm size some times in quartz eyes. Unit is highly schistosed with core angles occuring 40-60 deg tca. From 37.80-46.20m, the section has been altered to sericite the core has a bleached colour and is apanitic. From 40-41m a possible fault occurs, as the core is highly fractured and some core is missing. The fault could also be a zone of intense quartz veining along with weathering.Tuffaceous sections consist of lapilli angular fragments, smaller then 1cm and siliceous material being foliated and sheared. Minor carbonate material occuring on fractured surfaces and as hairline veinlets. Total carbonate is 1-3% to WR.

Mineralization

26.00 27.50 Pyrite 1% Section is a light grey coloured tuff with quartz veining cutting the core at varying angles. Pyrite occurs as disseminated cubic grains. 27.50 28.50 Pyrite 1% Section is a large quartz vein with carbonate in a tuff, core is broken up. Pyrite is disseminated. 32.00 33.50 Pyrite 1% Section is a tuff with some graphitic sections, unit is schistosed at 60 deg tca. Pyrite is disseminated and forming blebby euhedral grains. 38.00 39.50 Pyrite 1% Section is a sericite altered tuff with a quartz veining cutting the section at 39m. Trace pyrite. 39.50 41.00 Pyrite 1% Section is a sericite altered tuff that is highly fractured. Quartz veining throughout section and pyrite forming euhedral grains disseminated. 41.00 42.50 Pyrite 1% Section is a sericite altered tuff with trace pyrite 42.50 44.00 Pyrite 10% Section is a sericite altered tuff schistosed at 40 deg tca. Pyrite and possible pyrrhotite occuring as coarse grains that are sheared and as whipsy veins infilling around siliceous clasts. 45.50 47.00 Pyrite 10% Same as above. 47.00 48.00 Pyrite 10% Same as above. 49.00 50.00 Pyrite 10% Section is a dark grey to black coloured tuff. Section is foliated at 50 deg tca. Pyrite occurs at cubic grains that have been sheared around a large (5cm) clasts. 52.50 53.50 Pyrite 10% Section a dark grey tuff with quartz and pyrite occuring in microfolds. 53.50 54.50 Pyrite 10% Section is a dark grey tuff with pyrite occuring in quartz blebs. 56.00 57.50 Pyrite 5% Section is an alternating unit of tuff and graphitic schist with large grains of cubic pyrite forming in quartz eyes. Whispy hairling qtz viens cutting the core 70-80 deg tca. 57.50 59.00 Pyrite 5% Same as previous section. 71.00 72.50 Pyrite 5% Dark grey coloured schistosed tuff with cubic pyrite occruing disseminated and in qtz eyes. 72.50 74.00 Pyrite 5% Same as previous section. 74.00 75.50 Pyrite 5% Same as previous section. 75.50 77.00 Pyrite 5% Same as previous section. 77.00 78.50 Pyrite 5% Same as previous section. 78.50 80.00 Pyrite 5% Same as previous section. 80.00 81.50 Pyrite 5% Same as previous section. 81.50 83.00 Pyrite 5% Disseminated cubic pyrite occuring in a dark grey tuff with some graphitic sections. 83.00 84.50 Pyrite 5% Same as previous section. 84.50 86.00 Pyrite 5% Same as previous section. 62.00 63.50 Pyrite 10% Dark grey tuff with coarse grained pyrite forming in qtz eyes. Some thick qtz veining cutting section. 63.50 65.00 Pyrite 1% Dark to light grey tuff with disseminated pyrite. 65.00 66.50 Pyrite 1% Light grey tuff with disseminated pyrite. 89.00 90.50 Pyrite 1% Light grey tuff with disseminated pyrite. 90.50 92.00 Pyrite 1% Light grey tuff with disseminated pyrite. 92.00 93.50 Pyrite 10% Medium grey coloured tuff schistosed at 50 deg tca, with pyrite occuring disseminated. 93.50 95.00 Pyrite 15% Dark grey coloured tuff with graphitic sections. Pyrite is adundant, forming euhedral shaped grains that are sheared at 40 deg tca. 95.00 96.50 Pyrite 15% Dark grey coloured tuff with graphitic sections. Pyrite is adundant, forming euhedral shaped grains that are sheared at 40 deg tca. 96.50 98.00 Pyrite 15% Dark grey coloured tuff with graphitic sections. Pyrite is adundant, forming euhedral shaped grains that are sheared at 40 deg tca. 98.00 99.50 Pyrite 15% Dark grey coloured tuff with graphitic sections. Pyrite is adundant, forming euhedral shaped grains that are sheared at 40 deg tca. 99.50 101.00 Pyrite 15% Dark grey coloured tuff with graphitic sections. Pyrite is adundant, forming euhedral shaped grains that are sheared at 40 deg tca.

101 EOH

Checked Drill Hole Log RM-10-02 Hole ID: RM-10-02 Project: Rossmere Year 2010 Claim: 3014046 TWP: Conacher Grid X: Easting: 712996.00 UTM Zone: 15 Grid Azimuth: Dip 45 Length: 176m Casing: 21.0 Cemented Grid Y: Northing: 5391610.00 Datum: NAD83 True Azimuth: 20 Elev (m): Core Size: NQ Casing (m): Target: IP Anomaly Drill Start: 23/02/2010 Log Start: 06/05/2009 Drill Company: North Star Drilling Drilled for: Drift Lake Resources Drll Finish: 25/02/2010 Log Finish: 08/05/2009 Foreman: Jamie Jaques Storage: 1158A Russell St. Thunder Bay, Ont. Surveyed Logged by: M. Husslage Checked by: P. Nielsen, Comments:

From To Lithology Code 0.00 20.00 Overburden 14 20.00 74.20 Metasediments 6 74.20 74.90 Altered Metasediments 6 74.90 92.50 Tuff 4c 92.50 176 Graphitic Argillite 6aa Drill Hole Log RM-10-02 From To Lithology Code Sample From To Width Au(ppm) 0.00 20.00 Overburden 14

Overburden. Sand, gravel and a boulder of porphry. Casing was drilled down to 21m. H368536 74.20 74.90 0.70 0.005

20.00 74.20 Metasediments 6 H368537 89.70 91.00 1.30 0.008

H368538 91.00 92.50 1.50 0.006

H368653 131.00 132.20 1.20 <0.005

Unit is a light to medium grey coloured, fine to medium grained schistosed metasediment with tuffaceous sections. Core is hard and annealed with few fractures. The unit is schistosed at 60deg tca. The unit has quartz veins cutting the core at 60deg tca.

74.20 74.90 Altered Metasediments

Unit is a fine grained aphanitic light green to beige coloured metasediment that has been altered to epidote/sericite. Some euhedral pyrite grains forming along the contacts. Contacts are sharp and cut the core at 60 deg tca. Hariline size qtz veinlets cut the section at 50-60 deg tca.

Mineralization 74.20 74.90 Min % Style Py 1 Cubic grains Pyrite occurs in an epidote altered tuff.

74.90 92.5 Tuff 4c

Unit is a dark grey to black coloured tuff with some graphitic argillite sections. Unit is schistosed/foilated at 40-50 deg tca. The lapilli fragments are small and are siliceous. Some small microfolds are present in various sections.

Mineralization 89.70 91.00 Min % Style Py 1 Veinlets Pyrite occurs at margins of qtz-carbonate veins.

91.00 92.50 Py 1 Veinlets

92.50 176 Graphitic Argillite 6aa

Unit is a alternating between a highly schistosed graphitic argillite and a siliceous tuff. Dark grey to black coloured, depending on the amount of graphite. Lapilli fragments are sheared and vary in size from mm to 2cm. Some carbonate forming on fractured surfaces of core. Unit has disseminated pyrite at trace amounts throughout unit. Several zones are highly graphitic, ~60% to whole rock, and these could explain the conductor, they are from 130-135m and 140-146.5m. 176m is the end of the hole.

Mineralization 92.5 94 Pyrite 5% Disseminated pyrite forming with qtz in a schistosed graphitic argillite. 104 105.5 Pyrite 5% Light to medium grey coloured siliceous tuff with a whipy veinlet of Py being foliated at 60 deg tca. 107 108.5 Pyrite 5% Whispy pyrite forming veinlets in a graphitic argillite. 110 111.5 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 111.5 113 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 113 114.5 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 116.2 117 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 117.6 118.1 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 119 120.5 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 120.5 121.5 Pyrite 1-5% Bleby and disseminated pyrite in a schistosed graphitic argillite. 122 123.5 Pyrite 1-5% Disseminated pyrite forming blebby grains in graphitic argillite, large qtz veining cutting core 70deg tca at 122.5m 123.5 125 Pyrite 10% Blebby pyrite in a section of alteranting bands of tuffaceous material and graphitic argillite. 125 126.5 Pyrite 10% Sheared veinlet of pyrite + possible pyrrhotite in graphitic argillite 130 131 Pyrite 10% Same as previous section. 131 132.2 Pyrite 10% Same as above but with a large qtz vein 20cm thick, sheared at 80-90deg tca. 133.4 134.4 Pyrite 1-5% Disseminated and thin whispy veinlets of pyrite in graphitic argillite, qtz veinlets also cutting core at varying angles. 134.4 135.4 Pyrite 1-5% Disseminated and thin whispy veinlets of pyrite in graphitic argillite, qtz veinlets also cutting core at varying angles. 143 144.5 Pyrite 1-5% Disseminated and thin whispy veinlets of pyrite in graphitic argillite, qtz veinlets also cutting core at varying angles. 144.5 146 Pyrite 1-5% Disseminated and thin whispy veinlets of pyrite in graphitic argillite, qtz veinlets also cutting core at varying angles. 153.5 155 Pyrite 1-5% Disseminated and thin whispy veinlets of pyrite in graphitic argillite, qtz veinlets also cutting core at varying angles. 158 158.5 Pyrite 1% Hairline veinlet of pyrite occuring in graphitic argillite, some disseminated pyrite also occuring in section. 164.8 165.4 Pyrite 1-5% Sheared blebs of pyrite occuring in a graphitic and siliceous argillite. 166.5 167.5 Pyrite 1-5% Sheared blebs of pyrite occuring in a graphitic and siliceous argillite. 168.5 170 Pyrite 1-5% Sheared blebs of pyrite occuring in a graphitic and siliceous argillite. 173 175.5 Pyrite 1-5% Sheared blebs of pyrite occuring in a graphitic and siliceous argillite.

176 EOH

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91R1R@9)P1C47)6BG@4C3RQ6)GR)3)R4Cw6G)7151C4GwG)6BG@D1@9@91R0)G@1Y104@)CQ5v)Gy)RQ7@R4667w@BR4567)R4RRQv51@@)3y77 648)RBY@91RG)6BG@942)v))C09)0z)34C3466GB2)3YBGG)7)4R)y f{ B71C45R94Dx4C0BQ2)G4vBG4@BGwb4C48)G To: EAST WEST RESOURCE CORPORATION Page: 2- A ALS Chemex 1158 RUSSELL STREET Total# Pages: 2 (A) EXCELLENCE IN ANALYTICAL CHEMISTRY THUNDER BAY ON P7B 5N2 ALS Canada Ltd. Finalized Date: 15-MAR-2010 2103 Dollarton Hwy Account: NMZ North Vancouver BC V7H OA7 Phone: 604 984 0221 Fax: 604 984 0218 www.alschemex.com CERTIFICATE OF ANALYSIS TB10024579

Method WEI-21 Au·AA23 Analyte Recvd Wt. Au Units kg ppm Sample Description LOR 0.02 0.005

H368502 4.67 <0.005 H368507 4.28 0.010 H368508 4.47 0.009 H368509 2.18 0.013 H368536 2.30 0.005 H368537 3.06 0.008 H368538 4.60 0.006 H368653 3.33 <0.005