NI 43-101 TECHNICAL REPORT ON THE SILICON RIDGE PRELIMINARY ECONOMIC ASSESSMENT QUEBEC – CANADA Prepared for ROGUE RESOURCES INC. Prepared by Yves A. Buro, P.Eng., Senior Geologist Schadrac Ibrango, P.Geo., Ph.D., MBA Lead Geology & Hydrogeology Ewald Pengel, P.Eng., Senior Process Engineer Daniel Gagnon, P.Eng., VP Mining and Geology Michel L. Bilodeau, P.Eng. M.Sc. (App.), Ph.D., Economic Analyst Mary Jean Buchanan, P.Eng., M.Env., Senior Project Manager Met-Chem, a division of DRA Americas Marc Arpin, P.Geo., M.Sc., M.Env., Director-Sustaining Capital Works, SNC-Lavalin Effective Date: September 14, 2016 Issue Date: October 26, 2016 Project Number: 2015-041 Rogue Resources Inc. Silicon Ridge Project – PEA NI 43-101 Technical Report IMPORTANT NOTICE This Report was prepared as a National Instrument 43-101 Technical Report for Rogue Resources Inc. (“Rogue”) by Met-Chem, a division of DRA Americas Inc. (“Met-Chem”). The quality of information, conclusions and estimates contained herein is consistent with the level of effort involved in Met-Chem’s services, based on: i) information available at the time of preparation, ii) data supplied by outside sources, and iii) the assumptions, conditions, and qualifications set forth in this Report. This Report can be filed as a Technical Report with Canadian Securities Regulatory Authorities pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects. Except for the purposes legislated under Canadian securities laws, any other uses of this Report by any third party are at that party’s sole risk. October 2016 QPF-009-12/C P:\2015-041\Admin\Communication\Rapports\Technical Report PEA\Final\2015-041 Rogue NI 43-101 PEA Final.docx Rogue Resources Inc. Silicon Ridge Project – PEA NI 43-101 Technical Report DATE AND SIGNATURE PAGE – CERTIFICATES Effective Date: September 14, 2016 Issue Date: October 26, 2016 October 2016 QPF-009-12/C P:\2015-041\Admin\Communication\Rapports\Technical Report PEA\Final\2015-041 Rogue NI 43-101 PEA Final.docx Michel L. Bilodeau,P.Eng., M.Sc.(App.), Ph.D. IndependentC onsultant 22 Labrador Street Kirkland, 8C, H9J 3W8 Telephone:5 I 4-426-421 0 Email. Michel.L. [email protected] CERTIFICATE OF AUTHOR To Accompany the Report titled NI 43-101 Technical Report on the Silicon Ridge Preliminary Economic Assessment, Qu6bec-Canada which is effective as of Septemberl4th,2016 and issuedon October26th,2016 (the "TechnicalReport") prepared for RogueResources Inc. (the "Corporation"). I, Michel L. Bilodeau,P.Eng. M.Sc.(App.), Ph.D., do herebycertify that: l) I am a retired (June 2009) Associate Professorfrom the Department of Mining and MaterialsEngineering of McGill University,3450University St., Montr6al,QC, Canada H3A2A7, and have continuedteaching on a contractbasis the mineral economicscourse of the mining engineeringprogram at McGill in the Winter terms of 2010, 2011 and20l2; 2) I am a graduate of Ecole Polytechniquede Montrdal with a B.Eng. in Geological Engineering(1970), and of McGill University with a M.Sc.(App.) in mineral exploration (1972)and a Ph.D.in mineraleconomics (1978); 3) I am a memberin good standingof the "Ordre des ing6nieursdu Qu6bec"(23799); 4) While employed at McGill (1975-2009),I have taught continuously in the areas of engineeringeconomy, mineral economicsand mining project feasibility studiesin the mining engineeringprogram dispensedby the University, and have carried out in the capacityof independentconsultant several assignments related to the economic/financial analysisof mining projects;after retiring from McGill, I have continuedmy activitiesin the capacityof independentconsultant up until the present; 5) I have readthe definition of "qualifiedperson" set out in National Instrument43-101 (NI 43-101) and certify that by reason of my education, affiliation with a professional association(as defined by NI 43-101) and past relevantwork experiencein the mineral industry that includesteaching for more than 30 yearsand consultingactivities over the past 25 years,I fulfill the requirementsto be a "qualified person" for the purposesof NI 43-101: 6) I haveparticipated in the preparationof the report titled "NI43-101 Technical Report on the Silicon Ridge Preliminary EconomicAssessment, Qu6bec-Canada" dated October 26th,2016,as an Economic/FinancialAnalyst Consultant.I am responsiblefor Section22; 7) I havenot visited the site; 8) I havenot had prior involvement with RogueResources and its Silicon Ridge project and property that is the subject of the Technical Report besidesthe presentTechnical Report; e) I statethat' as of the date of this certificate, to the best of my knowledge, information and belief, the Technical Report contains all scientific and technical information that is required to be disclosedto makethe TechnicalReport not misleading. l0) I have no personal knowledge, as of the date of this certificate, of any material fact or materialchange which is not reflectedin this TechnicalReport; 1l) I am independentof the issueras definedin section1.5 of NI 43-l0l; t2) I haveread National Instrument 43-101and Form 43-101F1,and the TechnicalReport has beenprepared in compliance with that instrument and form: This 26thday of October 2016. ffit$t{Et[. Bt!.otr]ERU MichelL. Bilodeau, ph.D. P.Eng.,M.Sc.(App.), OuEgEc.. Economic/FinancialAnalyst ?rqg11111lll' Consultantfor Met-Chem,a division of DRA Americas Rogue Resources Inc. Silicon Ridge Project – PEA NI 43-101 Technical Report Page i TABLE OF CONTENTS 1.0 SUMMARY ....................................................................................................................................................... 1 1.1 Introduction ............................................................................................................................................. 1 1.2 Property Description and Location ......................................................................................................... 1 1.3 History ..................................................................................................................................................... 2 1.4 Geological Setting and Mineralization .................................................................................................... 2 1.5 Deposit Types ......................................................................................................................................... 2 1.6 Exploration .............................................................................................................................................. 3 1.7 Drilling .................................................................................................................................................... 3 1.8 Sample Preparation, Analysis and Security ............................................................................................ 3 1.9 Data Verification ..................................................................................................................................... 4 1.10 Mineral Processing and Metallurgical Testing ........................................................................................ 4 1.11 Mineral Resource Estimates Statement ................................................................................................... 5 1.12 Mineral Reserve Estimate ....................................................................................................................... 7 1.13 Mining Methods ...................................................................................................................................... 7 1.14 Recovery Methods .................................................................................................................................. 8 1.15 Infrastructure ........................................................................................................................................... 9 1.16 Market Studies and Contracts ............................................................................................................... 10 1.17 Environmental Studies, Permitting and Social or Community Impact .................................................. 11 1.18 Capital and Operating Costs .................................................................................................................. 14 1.19 Economic Analysis................................................................................................................................ 16 1.20 Interpretation and Conclusions .............................................................................................................. 17 1.21 Recommendations ................................................................................................................................. 19 2.0 INTRODUCTION .......................................................................................................................................... 21 2.1 Terms of Reference - Scope of Study ................................................................................................... 21 2.2 Source of Information ........................................................................................................................... 22 2.3 Site Visit ................................................................................................................................................ 22 2.4 Contributing Authors and Qualified Persons .......................................................................................