Property Summaries

Mining Properties from the best Canadian Mining Companies

Addie 1 and Addie 2

Dajin Resources Ltd (DJI) has acquired an expansive land package in response to the sediment hosted gold discovery at Spanish Mountain in the Cariboo district. The Addie 1 property covering 8650 hectares lies directly on geological trend to the southeast. The Addie 2 land package consists of 26,200 hectares covering a massive area where provincial government databases indicate numerous geochemical and geophysical anomalies lie whithin permissive stratigraphy. This property also lies adjacent to the Eureka deposit where over $8 million in historic exploration targeted a significant sediment hosted gold system. These properties are owned 100% by Dajin which is planning a significant regional exploration program for 2006.

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Afton Rainbow Iron Mask

The historic Afton Mining camp took a major step forward in 2004 when Abacus Mining and Exploration Corp.(AME) completed agreements with Teck Cominco Ltd. and Discovery Enterprises Corp. to earn a 100% interest, in 52 mineral claims and 20 patented claims including the Crescent, Ajax East and Ajax West pits. Abacus has agreed to acquire the milling and processing facilities, tailings storage areas, associated permits and other infrastructure at the Afton mine which will enhance the opportunity to extract the Cu-Au Resources being expanded on the 100% owned mineral claims (subject to a 1.5% NSR). In consideration for the acquisition Abacus issues to Teck a total of 18.5 million common shares and total cash payments of $10.0-million over a period ending Nov 25th, 2007. Resource models based on 35,000 metres of diamond drilling indicate 84.8 million tones grading 0.352% copper and 0.125g/t gold combined for the DM and Rainbow Zones. Both remain open along strike and at depth. Two diamond drill rigs have been commissioned to complete up to 50,000 metres of drilling. The drill program is designed to explore on a property-wide scale that will test deep targets below the Ajax pits and expand the preliminary resources below and on strike at the Rainbow and DM zones.

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Babs Claims

The newly acquired Babs Property is located on the northeast side of Babine Lake, about 76 kilometres east of Smithers. Kenrich staked the 22,827-hectare property to cover a southeast-trending train of mineralized boulders with geological similarities to rocks and copper mineralization at the Granisle Mine, 14 kilometres to the northwest.

Kenrich is compiling results of historical exploration before launching exploration programs focused on copper and copper- molybdenum porphyry targets (with possible precious metal contents) this year. This project has good road access and can be explored on a year-round basis.

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Kenrich-Eskay Corporate Summary

Bear River

The Bear River Property is located near Stewart, B.C. Approximately 30,000 hectares are held under option and thirteen mineralized showings are known to exist within the property.

The Property is composed of five claim blocks: the Georgie River Block, 1,256 hectares, 20 kilometres south southwest of Stewart; the Tide North Block, 1,668 hectares, 40 kilometres north of Stewart; the Bitter Claim Block, 1,249 hectares, 10 kilometres east northeast of Stewart; the Surprise Creek Claim Block, 5,674 hectares, 35 kilmetres north northeast of Stewart; and the Bear River Block, 19,636 hectares, extending north and east of Stewart.

The Company spent $209,000 on exploration in 2006, and has spent approximately $250,000 in 2007 to date.

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Boundary

The Boundary Project is composed of 3 contiguous properties west of Rock Creek, BC. The most advanced property is the 2,700 hectare Old Nick property which hosts an historic low grade large tonnage nickel-cobalt resource and is 100% owned by Merit. A new NI43-101 resource is expected in 2007. The property looks attractive with current high nickel prices. Metallurgical work is planned in 2007. The 2,000 hectare Caramelia property also 100% owned by Merit covers the historic Camp McKinney gold mine that produced 80,000 ounces from high grade veins. The third property, the Rock Creek Joint Venture with 3,166 hectares has returned a drill intercept of 3.35m @ 52.2 g/t Au. .

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Brandywine

The Brandywine Property, located near Whistler, B.C., is approximately 1,400 hectares and is in good standing to 2010. Historical exploration expenditures exceed $1.6 million. Values in gold, silver, zinc and lead have been identified.

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Chubby Bear

The project area is located in the Cariboo mining district north of Quesnel along the 1300 road off Highway 26. Figure 1 below shows the location of the Chubby Bear project. The grid was accessible by vehicle via logging road. A total of 3 lines were marked out at 200m intervals with an approximate azimuth of 51 degrees for the survey. Pickets were placed every 25m along the line. Stations were labeled with the west end at 5300E and the east end at 7000E for a total length of 1700 meters. (more...)

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Chuchi

Central BC (90 km north of Fort St. James)

The Chuchi Property has major upside. Previous drilling by various major mining companies and has outlined a potential resource of low-grade copper. The 1989 discovery of the Mt. Milligan porphyry copper-gold deposits 32 km to the southeast re-ignited interest in this property as a potential look-a-like.

"The mineralization is significant in that it occurs from the top to the bottom of the holes, and that each of these holes ended in mineralization, indicating that mineralization has been extensively developed and is open to depth." (C. Rebagliati, P. Eng., June 24, 2005)

The company believes the potential for a large copper/gold porphyry exists and that more drilling can increase both tonnage and grade.

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Coastal Copper

The Coastal Copper Project covers more than 6,250 hectares in the historic Anyox mining camp, which came to prominence in the early 1900s and once boasted the largest copper smelter in the British Commonwealth. The project encircles (but excludes) two of the region’s pastproducing mines. Hidden Creek, the primary source of copper in the region, produced 21.78 million tonnes from eight orebodies averaging 1.57% copper, 9.26 g/t silver and 0.17 g/t gold from 1914 to 1935. The Bonanza Mine produced 647,910 tonnes averaging 2.51% cop-per from 1929 to 1935. Cominco (now Teck Cominco) purchased both mines in 1935 and explored the region with partners until the early 1990s. A number of massive sulphide prospects and showings were discovered as a result, including some on the Coastal Copper Project that will be explored with the benefit of historical data recently purchased from Teck Cominco.

The Coastal Copper Project covers favorable host rock known as the Anyox roof pendant, an isolated sequence of older volcanic, sedimentary and metamorphic rocks surrounded by younger intrusive granitic rocks. Recent studies by government geologists and other scientists show that the Anyox pendant is part of the 250-kilometre-long Eskay Rift, which hosts more than 60 VMS deposits including Eskay Creek.

The Coastal Copper Project is located on tidewater and is accessible by air or water, with rail transportation available at Kitwanga, south of nearby Kitsault. Hydro power will soon be available on the property.

For more detailed information on this project, please see our recent brochure:

kre-coastalcopper-mar06.pdf (6.0mb pdf file)

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Kenrich-Eskay Corporate Summary

Corey

Kenrich has a 20-year history in Northwestern BC, and helped pioneer the search for gold-rich VMS deposits in the Eskay Creek region at its wholly owned 10,200-hectare Corey Project. The company’s geological team believes that major goldrich VMS discoveries are most likely to be made within the confines of the Eskay Rift Basin, and that any new discovery has good potential to share the common characteristics of age, volcanic-sedimentary strata, metal contents, alteration and stockwork veins structures as those found at the Eskay Creek Mine.

The Company’s recent and ongoing exploration efforts are guided by extensive geological data covering the Eskay Creek camp compiled from company, governmental and academic sources. Since 2004, Kenrich has built on this work through closely spaced sampling of the volcanic-sedimentary rift succession and focused all exploration within the Eskay Rift. KRE’s geologists, working with respected VMS experts, have also developed an exploration “signature” for gold-rich VMS deposits in the Eskay Rift Basin running through the Corey property.

The 2007 program was designed to test previous Eskay-type discoveries and to follow-up electromagnetic anomalies defined by a recent airborne geophysical survey. Less than 50% of the planned drilling was completed because of the late snow melt, leaving some priority targets untested. The program confirmed that the C10, Red Lightning, HSOV and Spearhead Zones occur in a common stratabound sequence that underlies and extends into the Mandy Creek Valley.

As a result, this area and surrounding ridges will be a major focus of the $5-million proposed 2008 program. The main goals of the 2008 program are: to track the anomalous South Unuk mudstones, the feeder zone/massive sulphides identified at C10 and Red Lightning; test secondary targets including the Battlement and Spearhead Zones within the same prospective stratigraphy; and map two high-grade discoveries south of the HSOV and Spearhead Zones.

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Kenrich-Eskay Corporate Summary

Cowtrail

The Cowtrail property is located five kilometres southeast of the existing Mt. Polley mine (Imperial Metals Corporation) and covers a magnetic feature that extends to the northwest from a buried weakly mineralized alkalic intrusive discovered by drilling completed by Eastfield Resources Ltd. and Imperial Metals Corporation in 1998. Dajin Resources Corp. may earn a 65% interest in Cowtrail by making cash and share payments to Wildrose and completing $1M in exploration by November 2010. Dajin has recently completed approximately 35 kilometres of induced polarization survey on the property in which several anomalies were indicated. Drilling is planned for 2007. This property was transferred into Cariboo Rose Resources (CRV).

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Georgie River

The Georgie River Block:1,256 hectares, 20 kilometres south southwest of Stewart.

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Auramex Resources Corporate Summary

Greenwood

The Greenwood Gold Project, comprised of 3 advanced stage, high grade gold and copper properties, is located west of Grand Forks, British Columbia. The Lexington, Lone Star and Golden Crown properties collectively cover 3,200 hectare and are 100% owned by Merit Mining Corp. The Lexington and Golden Crown deposits have NI43-101 resources. The Lone Star deposit will have a NI43-101 resource in spring 2007. The Company will be completing a Preliminary Assessment (Scoping Study) on the Greenwood Gold Project shortly. The project is expected to be fast tracked to production once financed.

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G-South

The Ahbau Gold Zone is known since the 1950's and explored from the 1960's. Gold bearing sulphide veins are the target of interest. Mineralization consists of fault, fracture and shear zone controlled quartz-calcite veins and breccia zones. Veins locally contain 70 % sulphides, principally pyrite, pyrrhotite, sphalerite, galena and chalcopyrite in 30 % gangue of quartz and calcite. Faults and fractures commonly trend north and northwest. North trending structures dip moderately to steeply west and northwest trending faults tend to dip steeply. Gold values show little relationship to the proportion of sulphides. The Discovery Zone trends northeast and dips northwest moderately (Newton, D., 1988). (more...)

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Homestake Ridge

Drilling at Bravo’s 100% owned Homestake Ridge property encountered “Eskay Creek” style gold
mineralization (10.2 Metres of 15.7 g/t gold). NI43-101 InferredResource - 900,000 oz/gold.

Extensive approx. $3.0 million multi-rig, +7,500metre drill program underway
with excellent infrastructure, access and power being developed

The 100% owned Homestake Ridge project includes 14 claims for 116 units (2,725 hectares) and is located within the Skeena Mining Division of northwest British Columbia, 35 km southeast of Stewart.
Bravo has begun an aggressive drilling program of approximately 7,500 metres designed to further expand and evaluate the existing resource and to develop resources at several exploration areas. The summer multi-rig drill program will test extensions of the deposit, particularly to the northwest and southeast. Several holes will also explore for possible bonanza-grade feeder faults beneath the known stratabound mineralization.

In addition to the Main Homestake zone, additional targets have been identified along the mineralized horizon for over 3,000 metres of strike length. Two such targets, the Homestake Silver and Vanguard Gold zones, returned encouraging results from initial drilling during 2007 and will be further tested by drilling in 2008.

The Vanguard Gold zone, the Homestake Silver zone and the northwest extension of the Main zone are significant as they highlight the district-wide mineral potential of the Homestake Ridge project. Several other target zones have been identified, including the Vanguard Copper zone, where historical sampling of high-grade surface exposures in altered volcanic rock returned assays from chip and channel samples grading from 4.4% to 13.4% copper, 119 g/t to 296 g/t silver and 0.2 g/t to 3.8 g/t gold. An initial drill test of this zone is planned during the 2008 season.

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Jackpot

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Dajin Resources Corp. (“Dajin”) holds an option to purchase a 100% interest in 15 mineral claims covering 1,770 hectares of geological terrains that are prospective for zinc/lead deposits in the Ymir region in the Nelson Mining District of south eastern British Columbia. In addition, Dajin owns twelve (12) claims totalling 2,155 hectares which are on strike of the Badshot-Reeves Limestone zone to the south and contiguous to the other claims. This zone has hosted several producing zinc/lead mines including the Reeves MacDonald, Jersey and HB.

Zinc mineralization is observed intermittently for more than 2.7 kilometers on Dajin’s claims ranging from its zinc/lead deposit at the Jackpot prospect in the south to the Oxide and Last Chance prospects in the north. In the Government of British Columbia’s Minefile Website summary, Jackpot prospects report reserves “at about 3,000,000 tonnes of 5% combined zinc-lead mineralization” (non-NI 43-101 compliant and therefore of historical interest only and may not be depended on). The New Jersey Zinc Exploration Company (Canada) Ltd., a major mining company that was a previous operator at the Jackpot, reported potential for an additional 10 million tons of mineralization at an unspecified grade. A section through the Jackpot prospect announced by a previous owner, illustrated several layers of mineralization of 9.5% zinc over 10 feet, 4.8% zinc over 25.5 feet and 4.5% zinc over 4.5 feet.

At the Oxide prospect, zinc oxide mineralization occurring in a steeply dipping fault has been the target of exploration by adits, drill holes and trenches by several operators since the late 1940’s. All mineralization to date is oxide in character, but can locally contain zinc grades in excess of 16% over widths in excess of 5 metres. Zinc grades up to 23% have been reported for narrower intersections.

Nelson Mining District - Claim Blocks with Deposits
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The focus of Dajin’s initial work has been a series of zinc/lead soil samples that are interpreted to be in aggregate as much as 2,000 metres long and as much as 500 metres wide. Numerous zinc values greater than 900 ppm comprise the core of the anomaly. Mineralized boulders recently found along an access road crossing the main anomaly have been assayed with results up to 44% zinc. To the best of Dajin’s knowledge little or no surface exploration has been completed on these anomalies.

In 2006 an access road was constructed on the Oscar deposit in preparation for a trenching and sampling program. The program will re-commence in the summer of 2007 in preparation for a drill program in the fall.

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Mouse Mountain

The Mouse Mountain Property is a well developed target area with excellent data reporting on a long work history. The property has four known mineral occurrences spread along a 1500 meter long, north northwest trending zone on the northeast side of Mouse Mountain (Figure 14). The most significant prospect, the Valentine Zone, was drilled with 14 percussion holes by Bethlehem Copper in 1970. Quesnel Mines Ltd. stripped a part of the prospect in 1987 and sampled trenches. Teck Corporation completed the most substantive work at Mouse Mountain immediately after this. They focused on targets developed by Quesnel Mines, Placer Dome and others. Their work includes diamond drilling the "high grade" and Valentine zones and other targets and extensive ground geophysical work on three grids. (more...)

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Newton Mtn

Chilcotin Plateau in the Clinton Mining Division, BC (105 km WSW of Williams Lake)

The target deposit type sought at Newton Mtn is copper/gold porphyry and subject to rig availability, drilling is expected to start in late-April.

Short drill programs by Cyprus Exploration. (1972) Taseko Mines (1982) and Rea Gold (1992) have been encouraging with some copper-gold values reported. High Ridge believes the current zones of high priority have not been adequately tested and the full mineral potential of the Newton Mtn property may be more extensive than currently indicated by historic results. A potential higher-grade gold zone will be drilled, towards the existing copper/gold porphyry model.

Oxide

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Nelson Mining District - Claim Blocks with Deposits
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Silver Bay

Nelson Mining District, BC, on the east shore of Kootenay Lake.

The Property lies on the Crawford Peninsula 13 km south of Riondel and the past-producing Bluebell silver/lead/zinc mine. Previous work by Cominco and others suggests a favorable setting for silver/zinc/lead mineralization and the Company believes the high-grade sulphide boulders on the property indicate the potential for a similar setting to the Bluebell mine.

Assays are pending for some "float" boulders, and subject to good results the Company plans an extension magnetic grid program encompassing geophysics and geo-chemical mapping.

Slocan Silver Camp

Klondike Silver Corp. (KS)'s vast Slocan holdings contain several past producing mines where over 24 million ounces of silver, 190 million pounds of lead and 113 million pounds of zinc were recovered from approximately 1.6 million mined tons. This past production was discovered as a result of mineralization coming to the surface. Klondike Silver Corp. believes that a substantial amount of mineralization is yet to be discovered by modern exploration methods. To this end, recent trenches cut below the Wonderful mine on geochem and VLF anomalies produced very impressive results including samples up to 135 oz./ton silver and 70% lead and carrying up to 0.1 oz./ton gold. (See Nov.15, 2004 and Feb.19, 2005 News Releases).

These key new discoveries, only a kilometer from the Sandon mill, display the fine grained and sheared texture characteristic of high-grade Slocan silver ore. Application of modern geophysics, geochemistry and follow up trenching on the Wonderful property has strongly encouraged Klondike Silver to systematically apply this technique to the many, steeply dipping silver-lead-zinc veins near the northern margin of the Nelson batholith near Sandon. These vein systems, previously mined in the 1890's and early 1900's are largely covered by thick overburden and lend themselves well to the application of these specific exploration techniques.

Klondike Silver hopes to identify additional new, near surface, silver rich discoveries of both existing mine extensions and blind, overburden covered veins. Further trenching and preparations for diamond drilling along coincident VLF-EM and silver/lead soil anomalies will continue in the spring and summer of 2005. Prime exploration targets where likely vein extensions occur in overburden covered areas are; the Ruth Hope where 2.474 million ounces of silver and 22.3 million pounds of lead was recovered from only 66,754 mined tons; Silversmith where 7.2 million ounces of silver and 71.7 million pounds of lead was recovered from 391,331 mined tons; Hewitt where 1.9 million ounces of silver and 3.9 million pounds of lead was recovered from 124,000 mined tons and the Arlington where over 1.01 million ounces of silver and 2.9 million pounds of lead was recovered from 80,344 mined tons.

Spanish Mountain

ACREX VENTURES LTD. has optioned the Spanish Mountain claims, which are composed of 1,350 hectares of land in eight claims in two claim groups located near Likely in the Cariboo region of British Columbia. Previous exploration has found anomalous gold values in soils over an area of 125 hectares on the property. Several of the soil samples contained greater than 0.5 gram per tonne gold.

The property adjoins claims comprising the Spanish Mountain joint venture project of Skygold Venture Ltd. and Wild Rose Resources Ltd. Drilling results show intercepts of 86.9 metres (285feet) grading 1.3 grams per tonne gold and 21.4 metres (70 feet) grading 4.33 grams gold per tonne. The joint venture reported an intercept of 53.3 metres grading 2.05 grams gold per tonne.

The Company must pay $100,000 and issue to the optionor 200,000 shares over four years to exercise the option. The Company will also be obliged to issue a further 200,000 shares to the optionor upon the receipt of a positive feasibility report. The optionor retains a 3-per-cent net smelter return royalty, two-thirds of which the company will be able to purchase by the payment of $1-million upon commencement of production from the property.

Property Information

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Maps

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Storie Moly

The Storie Moly Project is located near the former Cassiar mine townsite in northwest British Columbia, Canada. For 2007, Columbia Yukon Explorations Inc. intends to proceed with an aggressive drill program of up to 40,000 metres to further test known mineralization along strike structural and geophysical targets An IP geophysical survey conducted in 1980 traces the known mineralized zone and its interpreted projection 400 metres to the east beyond the historical drill holes.The X-Fault to the south of the drilling has been trenched and contains similar molybdenite mineralization. The Company believes, from the work completed, that the overall size of the resource may be significantly larger than the historical resource.

Geology

The Storie deposit is located within the felsic intrusive phases of a late Cretaceous stock near the eastern margin of the Cassiar Batholith. Intrusive phases include a coarse-grained megacrystic quartz monzonite containing zones of finer-grained porphyritic to equigranular quartz monzonite with gradational contacts and quartz-feldspar porphyry dykes and stock. Mineralization occurs as sheet-like bodies gently dipping to the northwest.The control for the higher grade mineralization is the presence of shears parallel to the Crone Fault. The Storie deposit represents a 150 to 200 metre thick mineralized zone within and above the Crone Fault. The Crone Fault is a major northeast trending fault which dips 45 to 60 degrees to the northwest. The molybdenite mineralized zone has been traced from surface down to at least 336 metres in depth. The deposit is open along strike to the east and west and to depth.

Molybdenite occurs as selvages along quartz a d quartz-pyrite-bearing fracture , as smear or disseminations along fractures, and as disseminations mainly in quartz-feldspar porphyry dykes and stock.

Past 12 Month Performance

The Company’s 2006 exploration program of 5,000 metres of core drilling was designed to twin historical holes and give a level of confidence such that the new drill holes and historical holes could be used to calculate a NI 43-101 compatible mineral resource. The Company engaged Watts, Griffis and McOuat, Consulting Geologists and Engineers of Toronto, Ontario, to calculate a new resource in accordance with NI 43-101 standards.

2007 Program

Watts Griffis and McOuat Limited prepared a NI 43-101 compliant Mineral Resource estimate for the Storie molybdenum deposit using 38 drill holes, from drilling programs completed in 1979, 1980 and 2006. Using a cutoff of 0.035% Mo, a bulk rock density of 2.6 g/cm³, a maximum open pit mining depth of 325 metres and an assumed 1.5 to 1 waste to ore stripping ratio, the Storie deposit has been estimated to contain an Inferred Mineral Resource of 101.59 Mt grading 0.067% Mo.

The Storie Property has considerable exploration potential. The proposed 2007 drill program of up to 40,000 metres aims to upgrade the resource classification with infill drilling, to test the potential increase in the size of the resource along strike, and to explore south and north of the deposit. An IP geophysical survey of approximately 58 line-kilometres is planned to be conducted over and around the deposit. To date, the Company has completed 51 drill holes on the Storie Property for a total of 18,000 metres. The Company currently has four drills operating on the property and anticipates drilling up to 40,000 metres in 2007.

The 2007 drill program is on schedule and similar molybdenite mineralization is present to that encountered during the 2006 drilling program. The 2007 drilling program has extended the mineralized zone 125 metres east and the zone remains open. Two of the drills are focussed on infill drilling.

Metallurgical Testing

A large diameter core sample will be taken from the deposit for metallurgical testing, to assess the potential for acid rock drainage and metal leaching and for comparison of grade between NQ and HQ core sizes. This information will be used in a pre-feasibility study anticipated to start early next year. The second year of baseline environmental studies is now underway.

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Welbar

The Welbar Project comprises 3 claim groups totaling 2,470 hectares in the historic Wells-Barberville gold camp. The claims are 100% owned by Merit and are surrounded by International Wayside Gold Mines (IWA) claims. The claims are strategically located near IWA’s planned gold production sites. The Merit claims cover segments of the Barker-Rainbow contact with potential for replacement style high grade Au zones. Rainbow stratigraphy on the claims have the potential for high grade quartz veins and Bonanza Ledge style ore bodies. Claims cover multiple untested Au soil geochem anomalies.

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