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CHALICE MINING LIMITED Interim / Quarterly Report 2016

Jan 28, 2016

64649_rns_2016-01-28_d5cd131e-d14e-426a-aa8f-b03d6a597392.pdf

Interim / Quarterly Report

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ABN 47 116 648 956

ASX Announcement

December 2015 Quarterly Report

Highlights:

  • Updated mineral resource estimate completed for the Cameron Gold Project in Ontario, Canada (including the Cameron deposit and the satellite Dubenski and Dogpaw deposits):

  • Measured and Indicated – 8.88 Mt grading 2.29 g/t gold for 652,000 ounces

  • o Inferred – approximately 14.92Mt grading 1.91 g/t gold for 917,000 ounces

  • Rock chip samples of up to 16.75 g/t gold and trench sampling results of up to 6.65 g/t gold over 2.0m returned from the first systematic, project-wide exploration program completed at the Cameron Gold Project, with better results including:

  • T33 prospect (rock chips)16.8 , 14.8 , 6.2 , 3.1 , 2.9 and 1.2 g/t gold ;

  • T33 prospect (trench sampling)6.6 g/t gold over 2.0m (including 12.0 g/t gold over 1.0m and 1.4 g/t gold over 1.0m) ;

  • Brooks Lake area (rock chips)8.9, 2.5, 1.5, 1.2 & 1.0 g/t gold ;

  • Pipestone area (rock chips)2.2, 1.6 & 1.4 g/t gold ;

  • o T13 prospect (trench sampling)1.7 g/t gold over 0.6m ; o Nolan prospect (rock chips and trenching) – 5.6 g/t gold and 5.0 g/t gold over 1.0m

  • Several new areas of coincidental pathfinder elements (including gold, arsenic, tungsten and antimony) have been identified from regional geochemical sampling, providing a pipeline of exploration opportunities for 2016.

  • Chalice continues to target additional high-potential opportunities both in the region and globally.

  • US$2M deferred consideration received from China SFECO Group subsequent to Quarter-end from the previous sale of its interest in the Zara Gold Project in Eritrea.

  • Chalice’s balance sheet remains strong with cash and receivables of ~A$39.4M at 31 December 2015.

Overview :

Chalice Gold Mines Limited (ASX: CHN, TSX: CXN – “Chalice” or “the Company”) is pleased to report on an active period during the December Quarter, during which it carried out work on a number of fronts to progress and de-risk its 100%owned Cameron Gold Project in Ontario, Canada (“the Project”).

Independent specialist resource and mining consulting group, Optiro Pty Ltd, completed an updated Mineral Resource estimate for the Cameron deposit, the main deposit within the larger Cameron Gold Project. In addition to achieving its objective of upgrading the Cameron deposit’s mineral resource estimate, this has allowed the Company to construct an updated 3D geological model of the deposit and further clarified its understanding of the controls on the mineralisation. As a result, the geological risks associated with the mineral resource model have been reduced.

Results from the first-ever modern, systematic exploration program to be undertaken at the Cameron Gold Project were interpreted during the quarter. This program generated a number of encouraging results, establishing a pipeline of exploration opportunities to be progressed during 2016.

==> picture [521 x 20] intentionally omitted <==

Chalice Gold Mines Limited, Level 2, 1292 Hay Street, West Perth, Western Australia T: +618 9322 3960 F: +618 9322 5800 E: [email protected]

www.chalicegold.com

1. Cameron Gold Project (Chalice 100%)

The Cameron Gold Project is an advanced resource project located in the highly mineralised southern part of western Ontario in Canada, approximately 80km south-east of the town of Kenora. The Project has a number of attractive attributes, including good grades, low political risk in a mature mining jurisdiction with low costs, conventional metallurgy, and a mid-sized gold project that is well within Chalice’s funding and development capability.

1.1 Updated Mineral Resource

In November 2015, Chalice updated the mineral resource estimate for the Cameron Gold Project with a revised NI 43101 Technical Report lodged as part of the Company’s ongoing disclosure obligations for its listing on the Toronto Stock Exchange.

The mineral resource estimate was based on an extensive re-logging program of 771 existing diamond drill, assay results from approximately 30,000 new samples were collected from existing core, and the construction of a new geological model.

The updated measured, indicated and inferred mineral resource for the Cameron Gold Project – including the Cameron deposit and satellite Dubenksi and Dogpaw deposits (which remain unchanged from those previously announced) – is summarised in Table 1 below:

Table 1: Consolidated Cameron Gold Project Mineral Resource estimate

Deposit Cut-
**offg/t **
Class Tonnes Gold
**g/t **
Gold
Ounces
Cameron
deposit1,2
0.5 g/t Measured 3,723,000 2.64 316,000
Indicated 4,101,000 1.92 253,000
M+I 7,824,000 2.26 569,000
Inferred 14,464,000 1.92 894,000
Dubenski
deposit2
1.0 g/t Measured - - -
Indicated 806,000 2.28 59,000
M+I 806,000 2.28 59,000
Inferred 392,000 1.44 18,000
Dogpaw
deposit2
0.5 g/t Measured - - -
Indicated 247,000 3.02 24,000
M+I 247,000 3.02 24,000
Inferred 64,000 2.27 5,000
Totals Measured 3,723,000 2.64 316,000
Indicated 5,154,000 2.03 336,000
M+I 8,877,000 2.29 652,000
Inferred 14,920,000 1.91 917,000

Mineral resources are not mineral reserves and do not have demonstrated economic viability. These mineral resource estimates include inferred mineral resources that are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorised as mineral reserves. There is also no certainty that these inferred mineral resources will be converted to the measured and indicated categories through further drilling, or into mineral reserves once economic considerations are applied. All figures are rounded to reflect the relative accuracy of the estimate and therefore numbers may not appear to add precisely.

The information relating to the Cameron Gold Project mineral resource estimate is extracted from the ASX Announcement entitled “Updated 1.57Moz Mineral Resource for the Cameron Gold Project” and the TSX news release entitled “Updated 652,000oz Measured and Indicated Mineral Resource and 917,000oz Inferred Mineral Resource for Cameron Gold Project in Canada” both released on 16 November 2015 and available to view at www.chalicegold.com and on SEDAR. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of mineral resources, that all material assumptions and technical parameters underpinning the estimates in relation to these deposits in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and

2

context in which the Competent and Qualifying Person’s findings are presented have not materially modified from the original market announcement.

1.2 Exploration Activities

During 2015, the Company undertook the first-ever modern, project-wide, systematic exploration program at the Cameron Gold Project.

Exploration activities completed as part of this initiative included a comprehensive surface sampling program that included channel sampling of 10 new targets located in priority areas that had been identified from a previous desktop study, widespread rock chip sampling across the entire property, six reconnaissance MMI soil sampling grids and a structural study of key mineralised outcrops.

The key outcomes of the new sampling included:

  • significant rock chip samples grading up to 16.8 g/t gold and trench sampling results of up to 6.6 g/t gold over 2.0m (see Figures 1 and 3, with further details provided below);

  • the identification of several new mineralised zones (Figure 2); and

  • an improvement in the Company’s understanding of the controls on mineralisation across the property.

The recognition of areas of co-incidental pathfinder elements (gold, arsenic, tungsten and antimony) in close proximity to either known mineral occurrences, 2015 trench anomalism or previously unexplored areas is encouraging and will be followed up in 2016.

==> picture [481 x 409] intentionally omitted <==

Figure 1: Map showing location of significant rock chip and trenching samples

3

*Rock chip and trench sampling is preliminary in nature and not conclusive evidence of the likelihood of the occurrence of a mineral deposit.

==> picture [508 x 435] intentionally omitted <==

Figure 2: Areas of anomalous gold, arsenic, tungsten and antimony

Reconnaissance Rock Chip Sampling and Trenching

Reconnaissance rock chip sampling was completed over 10 prioritised areas defined during a previous targeting exercise. As a further follow-up to anomalous rock chip samples, 10 targets were selected for stripping and 14 trenches were cleared with 579 channel samples obtained. Three of the 10 trenching areas returned anomalous results, which are summarised below. The first-pass results from these three areas are considered to be very encouraging and warrant additional follow-up.

  • T33 Prospect

The results from rock chip sampling and trenching at the T33 prospect have defined a new zone of mineralisation in the general area of the historic Kiryliw showing. The mineralisation occurs along a 500m trend on the west side of Sullivan Bay.

The highest value recorded from rock chips included 16.75 g/t gold (see Figure 3 for additional results ) and is adjacent to the stripping and trenching undertaken. Significant results from stripping and trenching the T33 prospect included 6.65 g/t gold over 2.0m (including 11.95 g/t gold over 1.0m and 1.35 g/t gold over 1.0m) (Figure 3) .

4

==> picture [376 x 464] intentionally omitted <==

Figure 3: Map of the T33 trench showing significant channel sampling and rock chip assays (UTM Nad 83 Zone 15)

Nolan Prospect

A single 5.6 g/t gold sample from the Nolan prospect defines a new mineralised zone along the contact between the west margin of the late tectonic syenite-phase of the Nolan stock and adjacent mafic volcanic flows. Results from stripping and trenching at the Nolan prospect included 5.0 g/t gold over 1.0m.

T13

Channel sampling at trench T13 returned an anomalous value of 1.7 g/t gold over 0.6 metres.

Regional Multi-element Geochemical Sampling

1,893 rock chip samples were collected on an approximately 400m x 400m grid. Several zones of anomalous pathfinder elements (arsenic, tungsten and antimony) with similar geochemical signatures to those seen at the Cameron deposit have been identified (Figure 2) .

5

These multi-element geochemical studies have identified trends of pathfinder elements which are similar to the Cameron deposit and commonly seen around shear-hosted gold deposits elsewhere in Canada. These trends will be field checked in 2016 before appropriate follow-up exploration programs are designed.

Brooks Lake Area

Rock chip samples from the Brooks Lake area of 8.9, 2.5, 1.5, 1.2 & 1.0 g/t gold in the south-eastern part of the Cameron Gold Project are from multiple exposures of a south-west striking zone that were sampled along a strike length of approximately 100m along the south shore of Brooks (Figure 1) . The sample trend may represent a strike extension to the historic Aremis showing, located approximately 120m to the north-east.

The mineralisation occurs along a north-east trending structure similar to the Monte Cristo fault in the Cameron Lake area. The area is among the more remote on the property and therefore comparatively little exploration has been completed to date in this area.

Pipestone Area

Samples from the Pipestone area in the south-eastern part of Cameron Gold Project, including grades of 2.2, 1.6 and 1.4 g/t gold define a new mineralised zone along a major northwest-trending mafic-intermediate volcanic contact along the Pipestone fault with no historical mineralisation having been documented from this area. Other samples from the area also contained anomalous gold but returned assays of less than 1.0 g/t Au.

Alteration Study

Spectral data from 4,294 samples were collected using a Halo scanner on all reconnaissance rock samples as well as along all trenches and from most of the 2010-2012 drill holes on the Cameron deposit. Anomalous white mica and Al-chlorite results are being combined with rock geochemistry to prioritise targets for follow-up in 2016.

Structural Study

A new structural mapping program was also completed during the summer on selected key deposits and locations within the property. The results, combined with the outcome of the summer’s re-logging and in-fill sampling program on the Cameron deposit, have significantly improved the Company’s understanding of the mineralisation controls on the property.

The information in this report that relates to exploration results in relation to the Cameron Gold Project is extracted from the ASX Announcement entitled “Cameron Project – Exploration Update” released on 7 December 2015. The Company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of mineral resources, that all material assumptions and technical parameters underpinning the estimates in relation to these deposits in the relevant market announcement continue to apply and have not materially changed. The Company confirms that the form and context in which the Competent and Qualifying Person’s findings are presented have not materially modified from the original market announcement.

2. Croteau Est Project

Following a strategic view of the Company’s exploration assets completed in December 2015, Chalice withdrew from the farm-in joint venture with Northern Superior Resources Inc. (TSX-V: SUP) without earning an interest in the project. Pursuant to the joint venture agreement, the Company met its minimum commitment to spend CAD$500,000.

3. US$2M Deferred Consideration Received from China SFECO Group

Subsequent to Quarter end, Chalice received deferred consideration of US$2 million from China SFECO Group following first gold pour from the Zara Gold Project in Eritrea. The US$2 million represents the final tranche for the sale of Chalice’s interest in the Zara Gold Project.

4. Tenement schedules

In accordance with ASX Listing Rule 5.3, please refer to Appendix 1 for listing of tenements.

6

5. Discussion on Quarterly Cash flow

Chalice’s cash reserves and receivables were A$39.4 million as at 31 December 2015 using a month end USD:AUD exchange rate of 0.73.

During the Quarter, the Company spent $1.7 million (YTD: $3.9 million) on exploration and evaluation activities, $0.2 million (YTD: $0.6 million) on administration and overhead costs and $0.3 million (YTD: $0.5 million) on business development activities.

The impact of foreign exchange rates on the Company’s USD cash balances was an exchange loss of $1.6 million for the Quarter (YTD: exchange gain – $1.8 million).

Further details are available in the attached Appendix 5B.

==> picture [110 x 55] intentionally omitted <==

TIM GOYDER Managing Director 29 January 2016

For further information, please contact: Tim Goyder Chalice Gold Mines Limited Telephone +61 9322 3960

For media inquiries, please contact: Nicholas Read Read Corporate Telephone: +618 9388 1474

7

Forward Looking Statements

This document may contain forward-looking information within the meaning of Canadian securities legislation and forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 (collectively, forward-looking statements). These forward-looking statements are made as of the date of this document and Chalice Gold Mines Limited (the Company) does not intend, and does not assume any obligation, to update these forward-looking statements.

Forward-looking statements relate to future events or future performance and reflect Company management’s expectations or beliefs regarding future events and include, but are not limited to, the estimation of mineral reserve and mineral resources, the realisation of mineral reserve estimates, the likelihood of exploration success, the potential future economics of the project, the timing and amount of estimated future production, costs of production, capital expenditures, success of mining operations, environmental risks, unanticipated reclamation expenses, title disputes or claims and limitations on insurance coverage.

In certain cases, forward-looking statements can be identified by the use of words such as plans, expects or does not expect, is expected, will, may would, budget, scheduled, estimates, forecasts, intends, anticipates or does not anticipate, or believes, or variations of such words and phrases or statements that certain actions, events or results may, could, would, might or will be taken, occur or be achieved or the negative of these terms or comparable terminology. By their very nature forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors may include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; future prices of mineral resources; possible variations in mineral resources or ore reserves, grade or recovery rates; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing or in the completion of development or construction activities; as well as those factors detailed from time to time in the Company’s interim and annual financial statements and management’s discussion and analysis of those statements, all of which are filed and available for review on SEDAR at sedar.com . Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on forward-looking statements.

8

Appendix 1 – Tenement schedules

The following information is provided in accordance with ASX Listing Rule 5.3 for the quarter ended 31 December 2015:

1. Listing of tenements held:

Location Project Tenement
No.
Registered Holder Nature of
interest
Australia Gnaweeda E51/0926
E51/0927
Chalice Gold Mines Limited and
Teck Australia PtyLtd
12.03%
Chalice Gold Mines Limited and
Teck Australia PtyLtd
12.03%
Canada Refer appendix 2.

2. Listing of tenements acquired (directly or beneficially) during the quarter:

There were no tenements acquired (directly or beneficially) during the quarter.

3. Tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter:

Location Project Tenement
**Type **
Tenement No. Registered Holder Nature of Interest
Canada Rainy River Claim 4260564 Coventry Rainy River Inc. 100%
Claim 4260565 Coventry Rainy River Inc. 100%
Canada Croteau Est. Refer appendix 3.

9

Appendix 2 - Tenements held (Canada)

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Cameron Claim 4283921 Cameron Gold Operations Ltd 100%
Cameron Claim 4283922 Cameron Gold Operations Ltd 100%
Cameron Claim 4283923 Cameron Gold Operations Ltd 100%
Cameron Claim 4283924 Cameron Gold Operations Ltd 100%
Cameron Claim 4283925 Cameron Gold Operations Ltd 100%
Cameron Claim 4283926 Cameron Gold Operations Ltd 100%
Cameron Claim 4283927 Cameron Gold Operations Ltd 100%
Cameron Claim 4283928 Cameron Gold Operations Ltd 100%
Cameron Claim 4283929 Cameron Gold Operations Ltd 100%
Cameron Claim 4283930 Cameron Gold Operations Ltd 100%
Cameron Claim 4283931 Cameron Gold Operations Ltd 100%
Cameron Claim 4283932 Cameron Gold Operations Ltd 100%
Cameron Claim 4283933 Cameron Gold Operations Ltd 100%
Cameron Claim 4283934 Cameron Gold Operations Ltd 100%
Cameron Claim 4283935 Cameron Gold Operations Ltd 100%
Cameron Claim 4283936 Cameron Gold Operations Ltd 100%
Cameron Claim 4283937 Cameron Gold Operations Ltd 100%
Cameron Claim 4283938 Cameron Gold Operations Ltd 100%
Cameron Claim 4283939 Cameron Gold Operations Ltd 100%
Cameron Claim 4283940 Cameron Gold Operations Ltd 100%
Cameron Claim 4283941 Cameron Gold Operations Ltd 100%
Cameron Claim 4283942 Cameron Gold Operations Ltd 100%
Cameron Claim 4283943 Cameron Gold Operations Ltd 100%
Cameron Claim 4283944 Cameron Gold Operations Ltd 100%
Cameron Claim 4283945 Cameron Gold Operations Ltd 100%
Cameron Claim 4283946 Cameron Gold Operations Ltd 100%
Cameron Claim 4283947 Cameron Gold Operations Ltd 100%
Cameron Claim 4283948 Cameron Gold Operations Ltd 100%
Cameron Claim 4283949 Cameron Gold Operations Ltd 100%
Cameron Claim 4283950 Cameron Gold Operations Ltd 100%
Cameron Claim 1105444 Cameron Gold Operations Ltd 100%
Cameron Claim 1105445 Cameron Gold Operations Ltd 100%
Cameron Claim 1161574 Cameron Gold Operations Ltd 100%
Cameron Claim 1161575 Cameron Gold Operations Ltd 100%
Cameron Claim 1210120 Cameron Gold Operations Ltd 100%
Cameron Claim 1210121 Cameron Gold Operations Ltd 100%
Cameron Claim 1210122 Cameron Gold Operations Ltd 100%
Cameron Claim 1210123 Cameron Gold Operations Ltd 100%
Cameron Claim 1210124 Cameron Gold Operations Ltd 100%
Cameron Claim 1210125 Cameron Gold Operations Ltd 100%
Cameron Claim 1210126 Cameron Gold Operations Ltd 100%
Cameron Claim 1210128 Cameron Gold Operations Ltd 100%
Cameron Claim 1210129 Cameron Gold Operations Ltd 100%
Cameron Claim 1210130 Cameron Gold Operations Ltd 100%
Cameron Claim 1210131 Cameron Gold Operations Ltd 100%

10

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Cameron Claim 1210132 Cameron Gold Operations Ltd 100%
Cameron Claim 1210133 Cameron Gold Operations Ltd 100%
Cameron Claim 1210134 Cameron Gold Operations Ltd 100%
Cameron Claim 1210135 Cameron Gold Operations Ltd 100%
Cameron Claim 1210136 Cameron Gold Operations Ltd 100%
Cameron Claim 4248906 Cameron Gold Operations Ltd 100%
Cameron Claim 4254297 Cameron Gold Operations Ltd 100%
Cameron Claim 4255667 Cameron Gold Operations Ltd 100%
Cameron Claim 4255668 Cameron Gold Operations Ltd 100%
Cameron Claim 4255669 Cameron Gold Operations Ltd 100%
Cameron Claim 4257392 Cameron Gold Operations Ltd 100%
Cameron Claim 4258281 Cameron Gold Operations Ltd 100%
Cameron Claim 4258282 Cameron Gold Operations Ltd 100%
Cameron Claim 4258283 Cameron Gold Operations Ltd 100%
Cameron Claim 4258284 Cameron Gold Operations Ltd 100%
Cameron Claim 4258285 Cameron Gold Operations Ltd 100%
Cameron Claim 4258286 Cameron Gold Operations Ltd 100%
Cameron Claim 4258287 Cameron Gold Operations Ltd 100%
Cameron Claim 4258288 Cameron Gold Operations Ltd 100%
Cameron Claim 4258289 Cameron Gold Operations Ltd 100%
Cameron Claim 4258290 Cameron Gold Operations Ltd 100%
Cameron Claim 4258291 Cameron Gold Operations Ltd 100%
Cameron Claim 4258292 Cameron Gold Operations Ltd 100%
Cameron Claim 4258421 Cameron Gold Operations Ltd 100%
Cameron Claim 4258422 Cameron Gold Operations Ltd 100%
Cameron Claim 4258423 Cameron Gold Operations Ltd 100%
Cameron Claim 4258424 Cameron Gold Operations Ltd 100%
Cameron Claim 4258425 Cameron Gold Operations Ltd 100%
Cameron Claim 4258426 Cameron Gold Operations Ltd 100%
Cameron Claim 4258427 Cameron Gold Operations Ltd 100%
Cameron Claim 4258428 Cameron Gold Operations Ltd 100%
Cameron Claim 4258429 Cameron Gold Operations Ltd 100%
Cameron Claim 4258430 Cameron Gold Operations Ltd 100%
Cameron Claim 4258431 Cameron Gold Operations Ltd 100%
Cameron Claim 4258432 Cameron Gold Operations Ltd 100%
Cameron Claim 4258433 Cameron Gold Operations Ltd 100%
Cameron Claim 4258434 Cameron Gold Operations Ltd 100%
Cameron Claim 4258435 Cameron Gold Operations Ltd 100%
Cameron Claim 4258436 Cameron Gold Operations Ltd 100%
Cameron Claim 4258437 Cameron Gold Operations Ltd 100%
Cameron Claim 4258438 Cameron Gold Operations Ltd 100%
Cameron Claim 4258439 Cameron Gold Operations Ltd 100%
Cameron Claim 4258440 Cameron Gold Operations Ltd 100%
Cameron Claim 4258441 Cameron Gold Operations Ltd 100%
Cameron Claim 4258442 Cameron Gold Operations Ltd 100%
Cameron Claim 4258443 Cameron Gold Operations Ltd 100%
Cameron Claim 4258444 Cameron Gold Operations Ltd 100%

11

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Cameron Claim 4258445 Cameron Gold Operations Ltd 100%
Cameron Claim 4258446 Cameron Gold Operations Ltd 100%
Cameron Claim 4258447 Cameron Gold Operations Ltd 100%
Cameron Claim 4258448 Cameron Gold Operations Ltd 100%
Cameron Claim 4258449 Cameron Gold Operations Ltd 100%
Cameron Claim 4258450 Cameron Gold Operations Ltd 100%
Cameron Patented
miningclaim
PA8441, 42185-0720
(LT)
K2766 Cameron Gold Operations Ltd 100%
Cameron Patented
miningclaim
PA8442, 42185-0722
(LT)
K2767 Cameron Gold Operations Ltd 100%
Cameron Patented
miningclaim
PA8443, 42185-0724
(LT)
K2768 Cameron Gold Operations Ltd 100%
Cameron Patented
miningclaim
PA9901, 42185-0726
(LT)
K4712 Cameron Gold Operations Ltd 100%
Cameron MLO 10384 K4709 Cameron Gold Operations Ltd 100%
Cameron MLO 10405 K4711 Cameron Gold Operations Ltd 100%
Cameron MLO 10406 K4710 Cameron Gold Operations Ltd 100%
Cameron MLO 10407 K4712 Cameron Gold Operations Ltd 100%
Cameron MLO 3366 K2767 Cameron Gold Operations Ltd 100%
Cameron MLO 3367 K2768 Cameron Gold Operations Ltd 100%
Cameron MiningLease 108466 CLM289. Claims K527548-
K527567,Nucanolan Property
Cameron Gold Operations Inc. 100%
Cameron MiningLease 108400 CLM305. Claim K465069-
K465075, K465351-K465358,
K519950-K519965, K561022-
K561025,K666295
Cameron Gold Operations Ltd 100%
Cameron MiningLease 108400 CLM306, Claim K386816-
K386818, K386888-K386900,
K533901-K533908,K666294
Cameron Gold Operations Ltd 100%
West Cedar Claim 3000802 Cameron Gold Operations Ltd 100%
West Cedar Claim 3000803 Cameron Gold Operations Ltd 100%
West Cedar Claim 3000804 Cameron Gold Operations Ltd 100%
West Cedar Claim 1149862 Cameron Gold Operations Ltd 100%
West Cedar Claim 1196649 Cameron Gold Operations Ltd 100%
West Cedar Claim 3001240 Cameron Gold Operations Ltd 100%
West Cedar Claim 3001298 Cameron Gold Operations Ltd 100%
West Cedar Claim 3010497 Cameron Gold Operations Ltd 100%
West Cedar Claim 3012199 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0208(LT) K9990 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0586(LT) K9991 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0585(LT) K9992 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0577(LT) K9993 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0587(LT) K9994 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0578(LT) K9995 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0579(LT) K9997 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0583(LT) K10010 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0796(LT) K10024 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0799(LT) K10025 Cameron Gold Operations Ltd 100%

12

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
West Cedar Patented
miningclaim
42185-0801(LT) K10026 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0803(LT) K10027 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0593(LT) K10028 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0594(LT) K10029 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0595(LT) K10030 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0588(LT) K9996 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0584(LT) K10011 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0580(LT) K10058 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0807(LT) K10000 Cameron Gold Operations Ltd 100%
West Cedar Patented
miningclaim
42185-0581(LT) K9999 Cameron Gold Operations Ltd 100%
West Cedar MLO 11143 K9990, K9992, K9993, K9996,
K9999, K10000, K10011,
K10058
Cameron Gold Operations Ltd 100%
West Cedar MiningLease 107495 K314926, K351875-K351876,
K314928-K314931,K273821
Cameron Gold Operations Ltd 100%
West Cedar MiningLease 107494 K314927, K314932, K351873,
K351874,K351877,K351878
Cameron Gold Operations Ltd 100%
Cameron Gold Claim 4276513 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276514 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276515 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276516 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276517 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276518 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276519 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276522 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276523 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267651 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267652 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283119 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283120 Rubicon Minerals Corp. Earning in,
Option
agreement

13

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Cameron Gold Claim 4283731 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283732 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283734 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267653 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4277987 Rubicon Minerals Corp. Earning, Option
agreement
Cameron Gold Claim 4267654 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267655 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267656 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4267657 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283735 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283736 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283737 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283738 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276506 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276512 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283111 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283112 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283113 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283114 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283115 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283116 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283117 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4283118 Rubicon Minerals Corp. Earning in,
Option
agreement

14

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Cameron Gold Claim 4274088 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274089 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274090 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274091 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274092 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274093 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274094 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274095 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274096 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4274074 Rubicon Minerals Corp. Earning in,
Option
agreement
Cameron Gold Claim 4276500 Rubicon Minerals Corp. Earning in,
Option
agreement
Ardeen Claim 1022635 Pele Gold Corporation 51%
Ardeen Claim 1022636 Pele Gold Corporation 51%
Ardeen Claim 1022637 Pele Gold Corporation 51%
Ardeen Claim 1135465 Pele Gold Corporation 51%
Ardeen Claim 1135466 Pele Gold Corporation 51%
Ardeen Claim 1157496 Pele Gold Corporation 51%
Ardeen Claim 1157497 Pele Gold Corporation 51%
Ardeen Claim 1157666 Pele Gold Corporation 51%
Ardeen Claim 1157667 Pele Gold Corporation 51%
Ardeen Claim 1157668 Pele Gold Corporation 51%
Ardeen Claim 1157670 Pele Gold Corporation 51%
Ardeen Claim 1157671 Pele Gold Corporation 51%
Ardeen Claim 1164874 Pele Gold Corporation 51%
Ardeen Claim 1164875 Pele Gold Corporation 51%
Ardeen Claim 1164876 Pele Gold Corporation 51%
Ardeen Claim 1164877 Pele Gold Corporation 51%
Ardeen Claim 1172315 Pele Gold Corporation 51%
Ardeen Claim 1172316 Pele Gold Corporation 51%
Ardeen Claim 1172317 Pele Gold Corporation 51%
Ardeen Claim 1172340 Pele Gold Corporation 51%
Ardeen Claim 1172345 Pele Gold Corporation 51%
Ardeen Claim 1172346 Pele Gold Corporation 51%
Ardeen Claim 1172347 Pele Gold Corporation 51%
Ardeen Claim 1172348 Pele Gold Corporation 51%

15

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Ardeen Claim 1172349 Pele Gold Corporation 51%
Ardeen Claim 1172350 Pele Gold Corporation 51%
Ardeen Claim 1172355 Pele Gold Corporation 51%
Ardeen Claim 1172356 Pele Gold Corporation 51%
Ardeen Claim 1172365 Pele Gold Corporation 51%
Ardeen Claim 1172366 Pele Gold Corporation 51%
Ardeen Claim 1172367 Pele Gold Corporation 51%
Ardeen Claim 1172368 Pele Gold Corporation 51%
Ardeen Claim 1172369 Pele Gold Corporation 51%
Ardeen Claim 1172375 Pele Gold Corporation 51%
Ardeen Claim 1172385 Pele Gold Corporation 51%
Ardeen Claim 1172386 Pele Gold Corporation 51%
Ardeen Claim 1172387 Pele Gold Corporation 51%
Ardeen Claim 1172388 Pele Gold Corporation 51%
Ardeen Claim 1172395 Pele Gold Corporation 51%
Ardeen Claim 1172396 Pele Gold Corporation 51%
Ardeen Claim 1195937 Pele Gold Corporation 51%
Ardeen Claim 1195940 Pele Gold Corporation 51%
Ardeen Claim 1196147 Pele Gold Corporation 51%
Ardeen Claim 1196239 Pele Gold Corporation 51%
Ardeen Claim 1196240 Pele Gold Corporation 51%
Ardeen Claim 1196870 Pele Gold Corporation 51%
Ardeen Claim 1196921 Pele Gold Corporation 51%
Ardeen Claim 1196923 Pele Gold Corporation 51%
Ardeen Claim 1196924 Pele Gold Corporation 51%
Ardeen Claim 1202036 Pele Gold Corporation 51%
Ardeen Claim 1202264 Pele Gold Corporation 51%
Ardeen Claim 1202265 Pele Gold Corporation 51%
Ardeen Claim 1202302 Pele Gold Corporation 51%
Ardeen Claim 1205201 Pele Gold Corporation 51%
Ardeen Claim 1205202 Pele Gold Corporation 51%
Ardeen Claim 1205203 Pele Gold Corporation 51%
Ardeen Claim 1205204 Pele Gold Corporation 51%
Ardeen Claim 1205287 Pele Gold Corporation 51%
Ardeen Claim 1209440 Pele Gold Corporation 51%
Ardeen Claim 1209441 Pele Gold Corporation 51%
Ardeen Claim 1209470 Pele Gold Corporation 51%
Ardeen Claim 1209697 Pele Gold Corporation 51%
Ardeen Claim 1209698 Pele Gold Corporation 51%
Ardeen Claim 1209770 Pele Gold Corporation 51%
Ardeen Claim 1210243 Pele Gold Corporation 51%
Ardeen Claim 1210245 Pele Gold Corporation 51%
Ardeen Claim 1210776 Pele Gold Corporation 51%
Ardeen Claim 1210792 Pele Gold Corporation 51%
Ardeen Claim 1215147 Pele Gold Corporation 51%
Ardeen Claim 1215148 Pele Gold Corporation 51%
Ardeen Claim 1215149 Pele Gold Corporation 51%

16

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Ardeen Claim 1215450 Pele Gold Corporation 51%
Ardeen Claim 1215451 Pele Gold Corporation 51%
Ardeen Claim 1215452 Pele Gold Corporation 51%
Ardeen Claim 1215453 Pele Gold Corporation 51%
Ardeen Claim 1215454 Pele Gold Corporation 51%
Ardeen Claim 1215751 Pele Gold Corporation 51%
Ardeen Claim 1215752 Pele Gold Corporation 51%
Ardeen Claim 1215758 Pele Gold Corporation 51%
Ardeen Claim 1215760 Pele Gold Corporation 51%
Ardeen Claim 1215831 Pele Gold Corporation 51%
Ardeen Claim 1215859 Pele Gold Corporation 51%
Ardeen Claim 1217105 Pele Gold Corporation 51%
Ardeen Claim 1224629 Pele Gold Corporation 51%
Ardeen Claim 3001505 Pele Gold Corporation 51%
Ardeen Claim 3001506 Pele Gold Corporation 51%
Ardeen Claim 3001507 Pele Gold Corporation 51%
Ardeen Claim 677468 Pele Gold Corporation 51%
Ardeen Claim 677469 Pele Gold Corporation 51%
Ardeen Claim 677470 Pele Gold Corporation 51%
Ardeen Claim 677471 Pele Gold Corporation 51%
Ardeen Claim 677472 Pele Gold Corporation 51%
Ardeen Claim 677473 Pele Gold Corporation 51%
Ardeen Claim 677474 Pele Gold Corporation 51%
Ardeen Claim 677475 Pele Gold Corporation 51%
Ardeen Claim 677476 Pele Gold Corporation 51%
Ardeen Claim 677477 Pele Gold Corporation 51%
Ardeen Claim 677478 Pele Gold Corporation 51%
Ardeen Claim 677479 Pele Gold Corporation 51%
Ardeen Claim 786521 Pele Gold Corporation 51%
Ardeen Claim 786522 Pele Gold Corporation 51%
Ardeen Claim 786523 Pele Gold Corporation 51%
Ardeen Claim 786524 Pele Gold Corporation 51%
Ardeen Claim 786525 Pele Gold Corporation 51%
Ardeen Claim 786526 Pele Gold Corporation 51%
Ardeen Claim 786527 Pele Gold Corporation 51%
Ardeen Claim 786528 Pele Gold Corporation 51%
Ardeen Claim 786529 Pele Gold Corporation 51%
Ardeen Claim 786541 Pele Gold Corporation 51%
Ardeen Claim 786542 Pele Gold Corporation 51%
Ardeen Claim 786543 Pele Gold Corporation 51%
Ardeen Claim 786544 Pele Gold Corporation 51%
Ardeen Claim 786545 Pele Gold Corporation 51%
Ardeen Claim 813157 Pele Gold Corporation 51%
Ardeen Claim 813158 Pele Gold Corporation 51%
Ardeen Claim 813159 Pele Gold Corporation 51%
Ardeen Claim 813160 Pele Gold Corporation 51%
Ardeen Claim 813161 Pele Gold Corporation 51%

17

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
Ardeen Claim 813162 Pele Gold Corporation 51%
Ardeen Claim 813163 Pele Gold Corporation 51%
Ardeen Claim 813164 Pele Gold Corporation 51%
Ardeen Claim 813165 Pele Gold Corporation 51%
Ardeen Claim 813166 Pele Gold Corporation 51%
Ardeen Claim 835178 Pele Gold Corporation 51%
Ardeen Claim 835179 Pele Gold Corporation 51%
Ardeen Claim 835184 Pele Gold Corporation 51%
Ardeen Claim 835185 Pele Gold Corporation 51%
Ardeen Claim 835186 Pele Gold Corporation 51%
Ardeen Claim 835187 Pele Gold Corporation 51%
Ardeen Claim 835188 Pele Gold Corporation 51%
Ardeen Claim 835189 Pele Gold Corporation 51%
Ardeen Claim 835190 Pele Gold Corporation 51%
Ardeen Claim 835195 Pele Gold Corporation 51%
Ardeen Claim 835196 Pele Gold Corporation 51%
Ardeen Claim 835197 Pele Gold Corporation 51%
Ardeen Claim 835304 Pele Gold Corporation 51%
Ardeen Claim 835305 Pele Gold Corporation 51%
Ardeen Claim 835306 Pele Gold Corporation 51%
Ardeen Claim 835307 Pele Gold Corporation 51%
Ardeen Claim 835308 Pele Gold Corporation 51%
Ardeen Claim 835309 Pele Gold Corporation 51%
Ardeen Claim 835310 Pele Gold Corporation 51%
Ardeen Claim 835311 Pele Gold Corporation 51%
Ardeen Claim 835312 Pele Gold Corporation 51%
Ardeen Claim 835313 Pele Gold Corporation 51%
Ardeen Claim 863760 Pele Gold Corporation 51%
Ardeen Claim 873515 Pele Gold Corporation 51%
Ardeen Claim 873516 Pele Gold Corporation 51%
Ardeen Claim 873517 Pele Gold Corporation 51%
Ardeen Claim 873518 Pele Gold Corporation 51%
Ardeen Claim 873519 Pele Gold Corporation 51%
Ardeen Claim 873520 Pele Gold Corporation 51%
Ardeen Claim 873522 Pele Gold Corporation 51%
South Cedartree Claim 4257501 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4257508 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4257510 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4257511 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4257515 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4257516 Rubicon Minerals Corp. Earning in,
option
agreement

18

Project Tenement
**Type **
Patent, Pin Number Claim Number Registered Holder Percentage
Ownership
South Cedartree Claim 4257517 Rubicon Minerals Corp. Earning in,
option
agreement
South Cedartree Claim 4260366 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4260514 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4266944 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4260515 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4260516 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4263609 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4272273 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4266941 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4266942 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4266943 Rubicon Minerals Corp. Earning in ,
option
agreement
South Cedartree Claim 4254638 Rubicon Minerals Corp. Earning in,
option
agreement
RainyRiver Claim 4254475 CoventryResources Ontario Inc. 100%
RainyRiver Claim 4254476 CoventryResources Ontario Inc. 100%
RainyRiver Claim 4254477 CoventryResources Ontario Inc. 100%
RainyRiver Claim 4254478 CoventryResources Ontario Inc. 100%
RainyRiver Claim 4254479 CoventryResources Ontario Inc. 100%
RainyRiver Claim 4260559 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4260560 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4260561 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4260562 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4260563 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4214439 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4214438 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4214440 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4214441 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4214442 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205814 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205815 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205816 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205817 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205818 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4250319 CoventryRainyRiver Inc. 100%
RainyRiver Claim 4205809 CoventryRainyRiver Inc. 100%

19

Appendix 3 - Tenements relinquished, reduced or lapsed (directly or beneficially) during the quarter (Croteau Est)

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 2188150 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188151 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188152 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188153 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188154 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188155 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2188156 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311841 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311842 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311843 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311844 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311845 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311846 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311847 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311848 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311849 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311850 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311851 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2311852 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315945 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315946 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315947 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315948 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315949 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315950 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315951 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315952 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315953 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315954 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315955 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315956 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315957 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315958 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2315959 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2319367 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2319368 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324226 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324227 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324228 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324229 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324230 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324231 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324232 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

20

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 2324233 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324234 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324235 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324236 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324237 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324238 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324239 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2324240 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255946 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255947 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255948 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255949 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255950 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255951 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255952 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255953 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255954 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255955 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255956 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255959 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255960 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255961 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255962 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255963 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255964 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255965 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255966 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255967 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255968 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255974 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255975 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255976 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255977 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255978 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255979 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2255980 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256044 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256045 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256072 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256073 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256074 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256075 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256076 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256077 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256078 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256079 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

21

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 2256080 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256081 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256082 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256083 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256084 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256087 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256088 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256089 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256090 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256091 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256092 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256095 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256096 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256097 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256098 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256099 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256100 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256103 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256104 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256105 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256106 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256107 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2256108 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258329 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258330 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258331 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258332 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258333 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258334 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258335 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258336 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258337 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258338 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258339 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258340 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258341 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258342 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258343 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258344 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258345 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258349 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258350 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258351 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258352 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258353 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258354 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

22

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 2258355 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258356 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258357 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258358 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258359 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258360 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258361 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258362 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258363 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258364 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258365 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258366 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258367 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258368 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258369 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258370 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258371 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258372 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258373 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258374 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258375 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258376 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258377 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258378 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258385 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258386 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258387 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258388 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2258389 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379575 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379576 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379577 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379578 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379579 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2379580 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2299232 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2299233 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2299234 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2302674 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2302675 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2302676 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2305054 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2307534 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2307535 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2307536 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2307537 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

23

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 2307538 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2307539 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2308046 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2308047 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2308048 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 2308049 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281268 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281269 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281270 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281271 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281272 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281273 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281274 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281275 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281276 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281277 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281278 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281279 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281280 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281281 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281282 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281283 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281284 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281285 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281286 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281287 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281288 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281289 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281290 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281291 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281292 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281293 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281294 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281295 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281296 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281297 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281298 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281299 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281300 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281301 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281302 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281304 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281305 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281306 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281308 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281309 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

24

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 5281310 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281311 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281312 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281314 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281315 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281316 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281317 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281318 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281319 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281320 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281321 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281322 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281323 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281324 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281325 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281326 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281327 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281328 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281329 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281330 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281331 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281332 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281333 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281334 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281335 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281336 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281337 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281338 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281339 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281340 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281341 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281342 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281343 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281344 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281346 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281347 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281348 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281349 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281350 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274521 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274522 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274523 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274524 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274525 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274526 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5274527 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

25

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 5274528 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279956 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279957 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279958 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279959 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279960 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279961 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279962 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279963 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279964 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279965 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279966 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279967 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279968 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279969 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279970 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279971 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279972 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279973 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279974 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279975 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279976 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279977 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279978 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279979 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279980 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279981 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279982 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279983 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279984 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279985 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279986 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279987 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279988 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279989 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279990 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279991 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279992 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279993 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279994 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5279995 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281345 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281351 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281368 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281369 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281370 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

26

Project Tenement
**Type **
Claim Number Registered Holder Percentage of
Ownership at start of
quarter
Percentage of
ownership at
end ofquarter
Croteau Est MiningClaim 5281352 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281353 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%
Croteau Est MiningClaim 5281357 Northern Superior Resources Inc.(81897)100% JV earningupto 65% 0%

27

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013

Name of entity

Chalice Gold Mines Limited

ABN
47 116 648 956
Quarter ended (“current quarter”)
47 116 648 956 31 December 2015

Consolidated statement of cash flows

Cash flows related to operating activities
1.1
Receipts from product sales and related
debtors
1.2
Payments for (a) exploration & evaluation
(b) development
(c) production
(d) administration
1.3
Dividends received
1.4
Interest and other items of a similar nature
received
1.5
Interest and other costs of finance paid
1.6
Income taxes paid
1.7
Other (provide details if material)
Net Operating Cash Flows
Current quarter
$A’000
Year to date
(6 months)
$A’000
7
(1,701)
-
-
(219)
-
17
-
-
(321)
52
(3,917)
-
-
(581)
-
49
-
-
(510)
(2,217) (4,907)
Cash flows related to investing activities
1.8
Payment for purchases of:
(a) prospects
(b) equity investments
(c) other fixed assets
1.9
Proceeds from sale of:
(a) prospects
(b) equity investments
(c) other fixed assets
1.10
Loans to other entities
1.11
Loans repaid by other entities
1.12
Other (provide details if material)
Net investing cash flows
1.13
Total operating and investing cash flows
(carried forward)
-
-
(6)
-
-
1
-
-
-
-
-
(27)
-
-
1
-
-
-
(5) (26)
(2,222) (4,933)
  • See chapter 19 for defined terms.

01/05/2010 Appendix 5B Page 1

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

1.13
Total operating and investing cash flows
(brought forward)
(2,222) (4,933)
Cash flows related to financing activities
1.14
Proceeds from issues of shares, options, etc.
1.15
Proceeds from sale of forfeited shares
1.16
Proceeds from borrowings
1.17
Repayment of borrowings
1.18
Dividends paid
1.19
Other (provide details if material)
Net financing cash flows
-
-
-
-
-
-
-
-
-
-
-
-
- -
Net increase (decrease) in cash held
1.20
Cash at beginning of quarter/year to date
1.21
Exchange rate adjustments to item 1.20
1.22
Cash at end ofquarter
(2,222)
40,565
(1,642)
(4,933)
39,865
1,769
36,701 36,701

Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities

1.23
1.24
Aggregate amount of payments to the parties included in item 1.2
Aggregate amount of loans to the parties included in item 1.10
Current quarter
$A'000
147
-
1.25 Explanation necessaryfor an understandingof the transactions
Item 1.7 - represents costs associated with business development activities.
Item 1.22 – USD cash held at the end of quarter ($25.5 million) is converted using a month end
USD:AUD exchange rate of 0.73.
Item 1.23 - Amounts paid to related parties includes remuneration, directors’ fees and consulting
fees paid to directors.

Non-cash financing and investing activities

  • 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

Subsequent to quarter end, the Company received deferred consideration of US$2 million from China SFECO Group following first gold pour from the Zara Project in Eritrea. The US$2 million represents the final tranche for the sale of Chalice’s interest in the Zara Project.

  • See chapter 19 for defined terms.

Appendix 5B Page 2

01/05/2013

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

  • 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest

Nil

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1
Loan facilities
3.2
Credit standby arrangements
Amount available
$A’000
Amount used
$A’000
Nil
Nil
Nil
Nil

Estimated cash outflows for next quarter

4.1
Exploration and evaluation
4.2
Development
4.3
Production
4.4
Administration
$A’000
1,021
-
-
405
Total 1,426

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as
shown in the consolidated statement of cash flows)
to the related items in the accounts is as follows.
Current quarter
$A’000
Previous quarter
$A’000
5.1
Cash on hand and at bank
5.2
Deposits at call
5.3
Bank overdraft
5.4
Other (provide details)
8,673 12,898
28,028 27,667
- -
- -
Total: cash at end of quarter(item 1.22) 36,701 40,565
  • See chapter 19 for defined terms.

01/05/2010 Appendix 5B Page 3

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Changes in interests in mining tenements and petroleum tenements

6.1
Interests in mining
tenements and
petroleum
tenements
relinquished,
reduced or lapsed
6.2
Interests in mining
tenements and
petroleum
tenements
acquired or
increased
Tenement reference
and location
Nature of interest
(note (2))
Interest at
beginning of
quarter
Interest at end
of quarter
Canada:
Ontario:
Rainy River:
-4260564
-4260565
Quebec:
Croteau Est:
- Refer appendix 1.
100%
100%
100%
100%
0%
0%
Nil

Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.

Total number Number quoted Issue price per
security (see
note3) (cents)
Amount paid up
per security (see
note3) (cents)
7.1
Preference
+securities
(description)
7.2
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns
of capital, buy-
backs,
redemptions
Nil Nil N/A N/A
N/A N/A N/A N/A
7.3
+Ordinary
securities
282,710,802 282,710,802 N/A N/A
  • See chapter 19 for defined terms.

Appendix 5B Page 4

01/05/2013

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

7.4
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through returns
of capital, buy-
backs
Nil
Nil
Nil
Nil
N/A
N/A
N/A
N/A
7.5
+Convertible
debt
securities
(description)
7.6
Changes during
quarter
(a) Increases
through issues
(b) Decreases
through
securities
matured,
converted
Nil N/A N/A N/A
Nil
Nil
Nil
Nil
N/A
N/A
N/A
N/A
7.7
Options
(unlisted)
Performance
Rights
1,050,000
500,000
Nil
Nil
Exercise price
$0.30
$0.25
Expiry date
30 June 2016
31 October 2017
3,147,457
5,448,380
Nil
Nil
N/A
N/A
30 June 2018
30 June 2019
7.8
Issued during
quarter
Options
Performance
Rights
7.9
Exercised
during quarter
Options
Performance
Rights
7.10
Expired during
quarter
Options
Performance
Rights
Nil Nil N/A N/A
1,664,707 Nil N/A 30 June 2019
Nil Nil N/A N/A
Nil Nil N/A N/A
Nil Nil N/A N/A
Nil Nil N/A N/A
7.11
Debentures
(totals only)
Nil Nil
7.12
Unsecured
notes(totals
only)
Nil Nil
  • See chapter 19 for defined terms.

01/05/2010 Appendix 5B Page 5

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Compliance statement

  • 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).

  • 2 This statement does give a true and fair view of the matters disclosed.

Sign here:

==> picture [100 x 40] intentionally omitted <==

Date: 29 January 2016

(Company secretary)

Print name: Leanne Stevens

Notes

  • 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

  • 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

  • 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

  • 4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

  • 5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

  • See chapter 19 for defined terms.

Appendix 5B Page 6

01/05/2013

Appendix 1 – Interests in mining tenements relinquished, reduced or lapsed

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2188150 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188151 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188152 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188153 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188154 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188155 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2188156 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311841 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311842 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311843 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311844 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311845 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311846 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311847 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311848 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311849 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311850 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311851 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2311852 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315945 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315946 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315947 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315948 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315949 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315950 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315951 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315952 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315953 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315954 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315955 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315956 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315957 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2315958 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

1

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2315959 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2319367 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2319368 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324226 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324227 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324228 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324229 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324230 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324231 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324232 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324233 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324234 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324235 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324236 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324237 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324238 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324239 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2324240 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255946 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255947 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255948 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255949 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255950 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255951 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255952 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255953 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255954 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255955 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255956 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255959 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255960 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255961 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255962 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255963 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255964 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

2

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2255965 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255966 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255967 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255968 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255974 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255975 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255976 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255977 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255978 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255979 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2255980 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256044 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256045 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256072 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256073 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256074 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256075 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256076 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256077 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256078 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256079 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256080 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256081 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256082 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256083 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256084 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256087 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256088 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256089 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256090 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256091 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256092 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256095 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256096 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256097 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

3

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2256098 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256099 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256100 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256103 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256104 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256105 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256106 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256107 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2256108 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258329 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258330 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258331 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258332 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258333 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258334 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258335 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258336 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258337 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258338 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258339 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258340 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258341 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258342 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258343 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258344 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258345 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258349 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258350 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258351 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258352 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258353 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258354 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258355 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258356 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258357 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

4

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2258358 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258359 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258360 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258361 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258362 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258363 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258364 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258365 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258366 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258367 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258368 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258369 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258370 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258371 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258372 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258373 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258374 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258375 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258376 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258377 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258378 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258385 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258386 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258387 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258388 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2258389 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379575 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379576 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379577 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379578 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379579 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2379580 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2299232 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2299233 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2299234 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

5

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 2302674 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2302675 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2302676 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2305054 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307534 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307535 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307536 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307537 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307538 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2307539 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2308046 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2308047 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2308048 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 2308049 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281268 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281269 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281270 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281271 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281272 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281273 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281274 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281275 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281276 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281277 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281278 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281279 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281280 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281281 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281282 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281283 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281284 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281285 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281286 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281287 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281288 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

6

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 5281289 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281290 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281291 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281292 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281293 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281294 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281295 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281296 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281297 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281298 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281299 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281300 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281301 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281302 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281304 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281305 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281306 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281308 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281309 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281310 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281311 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281312 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281314 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281315 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281316 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281317 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281318 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281319 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281320 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281321 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281322 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281323 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281324 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281325 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281326 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

7

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 5281327 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281328 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281329 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281330 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281331 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281332 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281333 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281334 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281335 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281336 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281337 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281338 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281339 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281340 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281341 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281342 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281343 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281344 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281346 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281347 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281348 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281349 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281350 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274521 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274522 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274523 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274524 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274525 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274526 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274527 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5274528 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279956 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279957 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279958 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279959 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

8

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 5279960 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279961 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279962 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279963 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279964 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279965 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279966 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279967 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279968 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279969 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279970 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279971 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279972 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279973 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279974 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279975 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279976 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279977 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279978 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279979 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279980 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279981 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279982 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279983 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279984 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279985 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279986 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279987 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279988 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279989 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279990 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279991 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279992 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279993 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5279994 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

9

Project Tenement Type Claim Number Registered Holder Interest at beginning of quarter Interest
at end of
quarter
Croteau Est Mining Claim 5279995 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281345 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281351 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281368 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281369 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281370 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281352 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281353 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%
Croteau Est Mining Claim 5281357 Northern Superior Resources Inc. (81897) 100% JV earning up to 65% 0%

10