April 3rd, 2012
J. Frank Callaghan Director Andrew H. Rees B.Com Director Thomas J Kennedy B.Com, LLB Director Craig D. Thomas, LLB Director J. Frank Callaghan CEO Jovi Hsieh CA. CFO Nicholas Clive Aspinall P.Geo. Project Geologist Clifford H Frame P. Eng Advisor
Blende Project Yukon Territory – Silver-Lead-Zinc Blende-Ocelot Project Yukon Territory – Silver-Lead Zinc Kino Silver Project Yukon Territory- Silver, Gold Carlin Gold Yukon Territory- Copper, Gold Wann River Project NW British Columbia – Gold, Silver, Copper, Lead and Zinc Kaza - Northstar Project N. Central BC – Silver, Copper, Gold
Technical information in this presentation relating to the Company’s Blende Property contained in this presentation is derived from, and in some instances is an extract from, the technical report, entitled “Technical Report Blende Project” dated March 7, 2011 which was prepared by Barry Price of BJ Price Geological Consultants Inc. and Christopher Gallagher who are independent qualified persons (the “Blende Report”). The Blende Report was prepared in accordance with NI 43-101.
Large and growing land position in the Tintina Gold Belt, Yukon Territory Contiguous to RAU gold discovery ground (owned by ATAC Resources “ATC”: TSX -V) Ground work initiated for gold exploration within geological belt Assaying for gold in current resource 43-101 Ag, Pb, Zn inferred resource 10 km north of RAU Diamond drill exploration program planned for 2012 New gold claims staked adjacent to the west end of ATAC’s “Carlin Trend” New silver-gold claims staked east of Keno Hill near Bellekino high-grade silver mine
5,392.2 hectare land tenure and growing. 100% Blind Creek Over $11,000,000 spent on exploration by Blind Creek and previous operators (Billiton) Total of 25,200 m drilling in 132 holes completed to date Data from drill holes will be used to complete new NI43-101 compliant resource Exploration program for 2012 to substantiate and expand mineralization along strike Prospective claim extension 372 Pb-Zn-Ag claims staked between Blende and ATAC’s “Ocelot” Pb -Zn-Ag discovery
Zone Tonnes Zinc Lead Silver % % (grams/tonne) West Zone 15,300,000 3.04 3.23 67.5 East Zone 4,300,000 3.05 1.31 15.1 Totals 19,600,000 3.04 2.80 56.0 The tonnage and grade estimates were prepared by Billiton Canada Explorations Inc., a large integrated international company prior to the introduction of National Instrument 43-101. The term “reserves” may have complied with CIM categories at the time of the estimate, but does not comply with the definitions currently accepted by CIM as economic viability at present conditions has not been demonstrated; there is no current feasibility or pre-feasibility study and the estimate extended outside the pit design. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, the issuer is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not to be relied upon. In addition to the open pit tonnage and grade estimate noted above, Billiton Canada Inc. in 1991 also estimated what were termed “reserves” for an underground mineralized body at the East Zone.
Pb+Zn Block Section Thick Area Tonnag Pb Zn Ag e No No. m. M2 metric % % (opt) (%) 48ddh 48 50 m 4,318,89 1.31 3.05 0.44 4.37 blocks 6 The tonnage and grade estimates were prepared by Billiton Canada Explorations Inc., a large integrated international company prior to the introduction of National Instrument 43- 101. The term “reserves” may have complied with CIM categories at the time of the estimate, but does not comply with the definitions currently accepted by CIM as economic viability at present conditions has not been demonstrated; there is no current feasibility or pre-feasibility study and the estimate extended outside the pit design. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves, the issuer is not treating the historical estimate as current mineral resources or mineral reserves and the historical estimate should not to be relied upon.
Historic Resource Historic Resource Zinc 1,307,200,000 lbs Historic Resource Lead 1,204,000,000 lbs Historic Resource Silver 38,710,000 oz The estimates above are based on historically reported tonnages that are not NI 43-101 compliant. The tonnages are a calculation derived from Bruce Price P. Geo March 7 th 2011 NI 43-101 Technical Report.
Strata bound carbonate hosted Zn-Pb-Ag deposit Epigenetic, consisting of sphalerite, galena, smithsonite and minor chalcopyrite Known mineralization extends 8 km along a structural zone and is open in all directions Reserves based on open pit mining method Oxide mineralization not included in Biliton resource calculation Potential to increase grade and tonnage by 50% with oxides
Technical information in this presentation relating to the Company’s Wann River Property contained in this presentation is derived from, and in some instances is an extract from, the technical report, entitled “Technical Report on the Wann River Project within the Tagish Lake Group” dated August 30, 2010 which was prepared by Jean Paulter of JP Exploration Services Inc. who is independent qualified person (the “Wann River Report”) . The Wann River Report was prepared in accordance with NI 43-101.
Sampling returned up to: - 8.46 oz/t Gold - 43.4 oz/t Silver - 4.15% Copper - 4.75% Lead - 1.94% Zinc
Best Analysis Assays/Analyses Rock smpls collectd Returns Au Au Au Ag Ag Cu Pb Zn Mo over 800 m strike dist Sample ID ppb (g/t) oz/t (g/t) oz/t (%) (%) (%) (%) Location E 83351 >1000 263 8.46 1350 43.4 4.15 3.46 Lum#2 Tr.dmp E 83352 >1000 259 8.33 1065 34.24 2.75 4.45 1.36 Lum#2 Tr.dmp E 83353 >1000 25.5 0.82 149 4.79 Lum#2 Tr.dmp E 83355 >1000 149.5 4.81 639 20.54 2.91 4.75 1.94 Lum#2 Tr.dmp E 83356 >1000 55 1.77 381 12.25 2.65 1.74 Lum#2 Tr.dmp E 83358 >1000 52.1 1.68 788 25.33 1.79 5.76 1.04 Lum#1 Tr.dmp E 83359 >1000 8.29 0.27 448 14.4 Trail Vn float E 83362 >1000 30.3 0.97 3010 96.77 3.35 3.79 Trail Vn float E 83363 0.00 55.5 1.784 1.19 Trail Vn float E 83365 >1000 2.5 0.08 62.3 2.003 Brown Adit grab E83370 415 0.00 126 4.051 River Vn, f/wall E 83373 >1000 3.2 0.10 0 Lum#1 Tr.dmp E83384 >1000 3.4 0.11 320 10.29 Dutch vn chip/80 cm E83386 >1000 1.2 0.04 184 5.916 Trail Vn chip/80 cm E83395 >1000 15.9 0.51 440 14.15 1.04 Newfie Vn Grab E83396 >1000 5.2 0.17 116 3.729 Newfie Vn grab 65154 135 0.00 18.8 0.604 0.3 Lum#1 grab 65157 >1000 20.3 0.65 0 Lum#1 grab 65171 >1000 17.2 0.55 0 Trail grab oz/t = Troy Oz per metric tonne conversion @ 0.03215
800 metre by 180 prospective corridor – open to the SE Poly-metallic, epigenetic system related to a major fault zone - Llewellyn Fault Zone 4 km south of historic Engineer Gold Mine. Lake access to established roads and railway. At least two quartz vein systems and a quartz mineralized shear zone discovered to date, with further potential for extensions
Late Fall of 2009, discovered high grade gold-silver rock float on lake shore 2010 season follow-up defined 800x180m Corridor with 7 old trenches/showings (100+ years?) Spring 2011; Reconnaissance drilled 3,300m. Encountered multiple quartz stock works and quartz veins, returning up to 11.3 g/t Au and 226 g/t Ag within 1m quartz sections, hosted in highly altered Cretaceous diorite-granodiorite. Spring 2012: follow-up reconnaissance drilling planned to commence.
Similar adit geology to the NW indicates a possible disseminated shear quartz zone 2m thick 130m long Samples returned*: • 15.9 g/t gold • 440 g/t silver *Jean Pautler, August 30, 2010
Technical information in this presentation relating to the Company’s Kaza- Northstar Project contained in this presentation is derived from, and in some instances is an extract from, the technical report, entitled “NI -43-101 Compliant Report year-2005 Results from Diamond Drilling and Surface Exploration On the Northstar and Henry Lee Creek Project Areas, Kaza- Northstar Project Northern Hemisphere Development Corporation” dated April 7, 2006 which was prepared by Carl Schulze, BSc, PGeo of All-Terrane Mineral Exploration Services who is an independent qualified person for the (“Northstar Report”) . The Northstar Report was prepared in accordance with NI 43-101.
Northstar showing Kaza showing
Drill hole NS-04-01: 138 meters of 0.55% Copper, 1.6 g/t Silver including: 25.9 meters 1.17% copper, 4.2 g/t silver 14.4 meters 0.60% copper, 2.5 g/t silver 26.5 meters 0.52% copper, 1.1 g/t silver 21.7 meters 0.91% copper, 2.0 g/t silver Drill hole NS-04-04: 87.2 meters of 0.51% Copper, 1.2 g/t Silver including: 46.5 meters 0.78% copper, 1.9 g/t silver 19.4 meters 1.14% copper, 2.4 g/t silver
DDH Width Cu % 44’ 5 1.38 48’ 10 1.68 40’ 21 1.14 16’ 22 1.97 26’ 27 2.79 Trench Width Cu % 26’ 1 2.94 20’ 2 13.25
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