Developing Bellechasse-­Timmins Gold Deposit

New Discovery Resulting in a 20KM Mineralized Gold Belt

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Message: Significance of holes 172 and 173

These 2 holes were drilled to test the north east limit of the deposit. They were both successful in hitting mineralization:

BD2011-172    114    122      8       0.63
BD2011-172    164    185      21      0.93
BD2011-173     23     83      60      0.90
including      23     31      8       0.94
including      47     61      14      2.80
Since both holes have collar locations that are 100m apart and they both hit, this area should add 
significant tonnage.  However, we do not have enough drill holes to this side of the deposit 
to include these results in our 43-101.  The company also admits that:
 Holes 172 and 173 confirmed mineralization at depth. This area of the property will require further work.
The surface distance between hole 157:
BD2011-157    1.2   69.0   67.8      0.53       0.53       
Including     8.0   24.0   16.0      1.01       1.01       
Including    58.0   69.0   11.0      1.12       1.12       
             94.0  123.0   29.0      0.66       0.66       
Including   106.0  123.0   17.0      0.83       0.83       
            177.0  237.0   60.0      0.52       0.52       
Including   179.0  188.0    9.0      1.53       1.53       
            333.0  382.0   49.0      2.53       2.05       
Including   333.0  339.0    6.0     10.13       9.07       
Including   354.0  358.0    4.0     10.27       6.02
and hole 173 is 313m. If we go to the end of zone 88, we have 470m in the other direction.
Now this is not all mineralized of course but is the surface area that we have drilled the most.
What it tell me is that we have lots more drilling to do and the original RE has the potential 
to be significantly increased over time.
Glorieux


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