Lac Mineray Property DESCRIPTION OF THE LAC MINERAY PROPERTY 1. Context This mining exploration project undertaken in 2008 was meant  to search around the 3 mineralized sites previously updated in  order to discover more deposits near the showings and to  prospect the EM conductors localized with the airborne surveys.  Two sites with gold values (4.1g/t on 0.8m and 1,34g/t on  1.3m) and one showing with copper values (1,96% Cu) were  the priorities of the project. Works done east of the property  were the subject of previous Beep Mat exploration since a  1,96% Cu showing was found. Western regions were only  mapped by the geologists and geophysicists when previous work  was undertaken. The project lasted 12 days, from June 30 2008  to July 11 2008. Frederic Gaucher, prospector and blaster, David  Allaire and Alexandre Émond took part in all prospecting-  blasting work with the Beep Mat. Edwin Gaucher, Ing. Ph.D,  organized and oversaw the team at a distance.  2. Property, location and access The prospected region is located in the NTS 32J/11 division,  canton 1220. The region is accessible by forest road from  Chibougamau (164km from Chibougamau by the northern road-  see map annexed) or from Ouje-Gougoumou (take the gravel  road situated near the village-gatehouse). The gravel roads  were in good condition at the time of the project. An ancient  Native camp near Mineray Lake is located a few meters from the  road facilitates the installation of prospector's tents and access  to drinking water from the lake. Mineray Lake, located north of  the claims, offers the possibility of traveling in canoe to get  closer to the prospection targets located east of the property.  The bay east of the lake is an excellent site to moor the canoe  and to continue by foot using the "bear trail" to climb the hill to  reach the 2% Cu mineralized site. Walking seems the most  efficient way to reach the site west of the property after leaving  the road. The property investigated is 50% owned by Ex-In and  50% owned by Samuel R, Bosum. The property includes the  following 18 claims (CDC): 2043899, 2043900, 2043901 and  2165084 to 2165098 (see summary annexed). 3. Previous works Many previous works were listed by various companies,  especially west of the property where line cutting was already  done to execute MaxMin readings, VLF, PP and even a few DDH  (see report GM45797_CD and GM49263_CD produced by BMP  Utah Mines). Other previous works were executed by Freewest  Resources Canada and by Ex-In. Below is the list of some of  them: - Geology described by L.B. Gillet, 1964, RP550    - Report on Orientation Geophysical Surveys- Lac St-  Poncy  Property, July 24, 1987, submitted by Peter  Diorio (Mag, VLF,  IP, MaxMin II).    - Orientation Grid and Reconnaissance Exploration  Report,  Peter Legein, November 1987 (GM15797) - Report on the Lac St-Poncy Property-Diamond Drill  Program,  completed during July and August 1989,  submitted by Peter  Legein, October 1989 (GM49263) - Geological Report on the Perkins Lake Property, GM  58477,  submitted by Edwin Gaucher, October 1998  (GM58477). Below is a list of the exact localisation of the 3 mineralized  showings around which was directed the Beep Mat exploration  work in July 2008:  1. Gold showing with values of 4.1g/t on 0.8m.  Nad 83, zone 18U, 475429, 5611354 2. Gold showing with values of 1.34g/t on 1.3m.  Nad 83, zone 18U, 477839, 5611877 3. Copper showing with values of 1.96% on a sample taken  after blasting. Nad 83, zone 18U 478630, 5612536 (sample  #14232 and 26680). Beep Mat exploration works from June 30 to July 11 2008 were  executed by the Goldman Exploration company under  supervision by Explorateurs-Innovateurs de Quebec and Samuel  R. Bosum. The principal objective was to search the region  using the Beep Mat mainly around previously described showing  in order to find conductive zones possibly mineralized hidden  under shallow overburden or whose existence had not been  previously disclosed. In addition to the above work, the team  also prospected a part of the region full of undrilled airborne  anomalies. Our goal was to localize using the Beep Mat, to  check, blast, analyze, map and describe the largest number of  airborne conductors Input it was possible to find in the time  given. Anomalies located by the MRN maps didn't show any  traces of drilling at the region's level except the 6 DDH done by  the Utah Company in the zone west of the property (LSP-1 to  LSP-6). 4. Conclusion and recommendations The sample #113936 was collected on the extension of the  conductor where sample 26680 gave 1.96% Cu. Yet, analyzes of the sample #113936 gave 0,47% Cu. Sample 113935 who was  collected about 10m from the same horizon gave only 0.1% Cu.  Another sample, #113946, collected near the gold showing  (4.1g/t on 0.8m) had a 1g/t value. This sample was taken from  a rusted conductor, peaking at the surface and not very large,  whose outcrop is sometimes visible and sometimes dips below  the rocky crags. An east-west horizon at least 200m long by 0.5  to 3m width was identified on site: the trenches that were  sampled are identified on the terrain using orange tape while  the general axis of the conductive anomaly is identified with  pink tape. Two other samples were collected east of sample  #113946, at a distance of 87m (113950) and 167m (115001)  without any valid results. The axis of the conductor found with  the Beep Mat corresponds exactly to the MaxMin conductor  described in the report made by Peter Diorio. We hope to come  back on this slightly mineralized horizon and conductor for  review by a dozen trenches. The MaxMin readings done on the 2% Cu showing detected a  weak conductor on the 1+00W and 2+00W lines, a conductor  that could be the extension of the copper showing on line 0. It  certainly deserves to be examined by trenches or drilling.        © Copyright 2014 - All rights reserved Figure 1: Location Map  of the Lac Mineray Project  Click thumbnail to enlarge  © Copyright 2019 - All rights reserved Figures 2 and 3: Compilation Maps  of the Lac Mineray Project  Click thumbnail to enlarge  Figure 3: Beep Mat Crew at work  of the Lac Mineray Project  Figure 4: Sampling after the blast  Figure 5: Frederic Gaucher, B.Sc., Blaster  Sampling an EM conductor with the help of the Beep Mat