NOT

Hole NOT-08-1G2 After 10.9 meters of overburden and limestone the hole entered a strongly altered peridotite. A mineralized deformation zone was encountered over a length of 29 meters between 39 and 68 meters downhole, comprising a 3 meter section of massive sulphide-magnetite breccia and units of sulphide breccia with widths ranging from a few centimeters to a maximum of 1 meter in length throughout the entire zone. The hole was terminated at 239 meters in an altered peridotite.

Hole NOT-08-1G3 After 11 meters of overburden and limestone the hole entered a strongly altered peridotite. The deformation zone was encountered between 43.3 and 46.7 meters (3.4 meters of core length) containing massive pyrrhotite-magnetite with chalcopyrite. Below the massive sulfide intersection, hole 1G3 contained two massive chromitite layers, the upper one being 5 meters thick starting at 123 meters to 128 meters, the lower one being three meters thick, terminating at about 143.7 meters core length.

Hole NOT-08-1G6 entered granodiorite until a depth of 81.5 meters. Following granodiorite, the hole entered strongly altered peridotite until encountering a deformation zone between 113.2 and 131 meters (17.8 meters of core length). sulphide breccia over intervals of a few centimeters up to 0.8 meters. These veins host semi-massive pyrrhotite, chalcopyrite and magnetite, and also showed a positive reaction to the DMG nickel test as in the previous holes. Chromitite seams and chromitite domains were encountered in this hole between 248 and 257 meters (9 meters of core length). A thin shear hosted sulphide zone was intersected from 257.5 to 258.2 meters downhole. This hole continued through a series of altered peridotite, non-altered peridotite and serpentinized dunite until its end at 348 meters. Hole NOT-08-1G8 This hole is still underway, and has encountered massive sulphide mineralization between 123 and 130 meters downhole (7 meters of core length) The tenor of mineralization is much stronger in this intersection, this hole continues to test for a down dip extension of the aforementioned chromitite and sulphide zones encountered in holes 1G6 and 1G3. The drill result intersections presented above are not true width. True width determination will be referred to once the resource estimate is completed.

SPQ/FWR/KWG

Hole FW-08-05 was designed to undercut hole FW-06-03, drilled at an inclination of -50, with an azimuth of 150 degrees, total depth of 327 meters. This hole was collared in overburden and entered granodiorite at 17.5 meters, then intersected peridotite at 46.5 meters. The hole remained in peridotite until it intersected three massive chromitite layers between 252.2 and 273.1, each being around 1 meter wide, within the peridotite. This intersection was followed by a very thick massive chromitite layer between 291.4 and 298.8 in fault (gouge) contact with underlying intermediate tuff (volcanic rocks). Pyrrhotite and chalcopyrite mineralization was observed in a short shear zone in peridotite between 69.1 and 69.3 meters.

Hole FW-08-06, located 100 meters grid west of FW-08-05, was drilled at an inclination of -50, with an azimuth of 150 degrees, to a total depth 384 meters, being the maximum length for the drill being utilized when drilling NQ core. The hole was collared in limestone, entered granodiorite at 17.8 meters, then intersected peridotite at 103.3 meters. At 330.2 meters, massive chromitite layering starts, interstitial rock at this location is described as pyroxenite/peridotite with local thin bands of massive magnetite. At 346.5 to 384 meters the rock is pyroxenite with short (1 m) chromitite beds, and erratic patches of fine grained pyrrhotite and pyrite throughout.

Hole FW-08-07, located 100 meters grid east of FW-08-05, was drilled at an inclination of -50, with an azimuth of 150 degrees. This hole was drilled to a final depth of 405.7 meters. Hole 7 encountered peridotite right away at 10 meter core length and the hole remained in peridotite until 194.7m. Chromitite layering started in a Pyroxenite, followed by short chromitite layers between 194.7 to 195 meters, and between 197.8 to 205.5 meters, followed by a thick bed of chromitite between 209.8 to 223.3 meters. This hole continued in pyroxenite until 300 meters where the hole entered gabbro and remained in this rock unit until 405.7 meters.