Extensive stream sediment and soil sampling campaigns have been completed by the previous owners with minimal drilling conducted to date. The results of the geochemical sampling included in the exploration database obtained by the Company indicate anomalous gold grades are present in the Famehub properties. Planned exploration work is required to define the extent of any potential gold mineralization.
*The Famehub properties are at an early exploration stage. No Mineral Resources or Mineral Reserves have been defined within the Famehub area exploration prospects. In the 1990's some Reverse Circulation drilling was carried out on the prospects by prior property holders. The Company's independent consultants are of the opinion that "the sampling practices for the Reverse Circulation drilling are not in accordance with the CIM guidelines as insufficient systematic and independent QAQC data was not included with the sample data and therefore it is not possible to comment on the reliability of the assay data." The consultants also stated "No data verification of the stream sediment, soil or rock chip sampling is currently possible as the samples were either not retained or have since been discarded and sample locations are inaccessible".