FireFly Metals Ltd. — Capital/Financing Update 2020

Mar 25, 2020

ASX: AUT 26 March 2020

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Multiple Shallow Walk Up Drill Targets Identified at the Pickle Crow Gold Project, Ontario

On track for maiden JORC 2012 compliant resource Q2 2020

Multiple drill ready high-grade gold targets identified in the 320 km[2] tenement package

Maiden drill program planned for commencement Q2 2020

Earn-in agreement at the Pickle Crow High-Grade Gold Project, Ontario, Canada

Historically produced 1.5 Million oz @ 16 g/t gold

Auteco Minerals Ltd ( AUT.ASX ) (‘Auteco’ or ‘the Company’) is pleased to provide an update on exploration activities from the Pickle Crow gold project in Ontario, Canada. Pickle Crow is one of Canada’s highest-grade historical gold mines that produced 1.5 Moz @ 16 g/t gold .[1]

Field activities, data compilation and resource modelling have commenced and continuing uninterrupted. It is currently anticipated that the developing COVID-19 situation will have minimal impact on Auteco’s 2020 field objectives which include:

JORC 2012 compliant resource update anticipated early Q2 2020

Underexplored with numerous walk-up targets

Major world class mining district

An Exploration team & Board of Directors with a proven track record of discovery success

CORPORATE DIRECTORY

Executive Chairman Mr Ray Shorrocks

Executive Technical Director Mr Sam Brooks

Non-Executive Directors Mr Steve Parsons Mr Michael Naylor

• ➢ A JORC compliant resource is anticipated to be completed in the coming quarter. This Resource will incorporate the extensive geological review of the project undertaken by Auteco Minerals and will focus on high-grade and underground mineable resource areas.

Maiden shallow diamond drill program anticipated late May 2020

• ➢ The company intends to commence its maiden drilling campaign at Pickle Crow. This will include a 5,000m drilling campaign to test high potential immediate walk up targets regionally and in the mine surrounds.

• ➢ Multiple shallow high-grade gold targets outside of the core mine trend have been identified during the data review related to four regional scale shear structures.

Tarp Lake Shear

• ➢ More than 14 kilometres of mineralised shear zone identified in mapping and drilling ➢ Surface grab samples to 2232.9 g/t gold

• ➢ Shallow drill intersections include:

• 1.8 m @ 66.9 g/t gold from 164 m in S-18

• 4.6 m @ 7.2 g/t gold from 76.9 m in GT90-12

• 36.0 m @ 1.5 g/t gold from 158 m in TL-29

Core Mine Shear

Company Secretary Mr Nicholas Katris

• ➢ Shallow drill intersections include:

• Springer Shaft Target: 1.7m @ 36.6 g/t gold from 15.1 m in CPSH-88-01

• F Vein Target: 4.6m @ 9.3 g/t gold from 27.1m in CP-88-92

CONTACT DETAILS

T: +61 8 9220 9030 E: info@autecominerals.com.au W : www.autecominerals.com.au

Principal and Registered Office Level 3, Suite 3 24 Outram Street West Perth WA 6005

• SW Powderhouse Target: 6.1m @ 7.3 g/t gold from 86.6 m in PL04-26

East Pat Shear

• ➢ Drill intersections from the East Pat Target include:

• 35.7 m @ 2.2 g/t gold from 21.5 m in PC-10-108

• 6.0 m @ 7. 7 g/t gold from 232 m in PC-10-145

Cohen -Mac Arthur Shear

• ➢ Drill intersections include:

• MacArthur Target: 14.3 m @ 1.5 g/t gold from 30.5 m in PC-10-067

• Kawinogans Target: 23.5 m @ 1.4 g/t gold from 196 m in PC-10-092

ACN: 110 336 733

As at 25 March 2020, the Company’s cash position was ~$1.2 million which represents sufficient liquidity to fund planned exploration activities.

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Auteco’s Executive Chairman, Mr Ray Shorrocks Commented:

“I’m delighted to provide an exploration update for the high-grade Pickle Crow Gold Project in Ontario. Exploration activities are proceeding in line with 2020 field objectives and Auteco is working to deliver a maiden JORC 2012 compliant resource for the Pickle Crow Mine area in the coming quarter. This resource will be focussed on the high-grade underground mineralisation at the Pickle Crow deposit that was the focus of profitable mining from 1935 to 1966.

Auteco intends to define and announce a maiden Resource, and then commence an initial shallow 5000m diamond drill program in late May, targeting shallow high-grade, walk-up drill targets to bring further define mineralised areas into JORC resource compliance.

At the same time Auteco geologists have been working to integrate regional datasets and in the process have identified multiple, high-grade and drill ready regional targets, related to four major structures with more than 110 kilometres of prospective strike. Work is continuing across the 320km[2] project area with geological, structural and geophysical reviews ongoing to be followed up with targeting, on ground testing and drilling in the coming field season”.

Regional Drilling Potential

Auteco Minerals Limited (‘Auteco’) is pleased to announce an exploration update from the Pickle Crow gold property, located in Ontario, Canada. Since the announcement of the acquisition on the 28[th] January 2020 (refer ASX 28/01/2020) the Company has completed significant data compilation and review of the available historic drill core over the greater tenement package. The work has identified multiple shallow drill ready, regional targets associated with four major mineralized shear zones within the Pickle Crow project area. Cumulatively there is more than 110km of underexplored strike on the structures which are very prospective for high-grade orogenic gold.

The regional scale structures form the conduits for gold mineralization in the Pickle Lake Greenstone Belt. The structures include the Core Mine Shear (which is related to the historic, high grade, Pickle Crow, Central Patricia and Dona Lake Gold mines) as well as the relatively underexplored Tarp Lake, Cohen- MacArthur and East Pat Shear Zones (refer Figure 1).

Much of the area has historically been held by multiple parties before its consolidation into a coherent land package by Auteco’s partner, First Mining Gold Corp. As a result, exploration outside of the main deposit area has been sporadic and unfocussed to date. This represents the first time a comprehensive review of regional datasets has been possible since the mine closure in 1966, with a lot of the data away from the central mine trend only being recorded in digital format for the first time.

Tarp Lake Shear

The Tarp Lake, regional scale shear zone trends NNE and extends more than 20km through the western edge of the Pickle Crow project area (refer Figure 1). It has been subjected to limited diamond drilling over more than 14 kilometers of its strike with three main target areas identified:

• ➢ Tarp Lake Target: Drill Intersections Including:

• 36.0 m @ 1.5 g/t gold from 158 m in TL-29

• 4.6 m @ 7.2 g/t gold from 76.9 m in GPT-90-12

• 5.2 m @ 4.5 g/t gold from 246.6 m in CGR91-15

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• ➢ Metcalf Target: Surface grabs to 2232.9 g/t gold and drill intersections include:

• 1.8 m @ 66.9 g/t gold from 164 m in S-18

• 1.8 m @ 25.8 g/t gold from 114.3 m in S-11

Core Mine Shear

In addition to the historic mine, multiple, underexplored, high-grade gold targets have been identified related to the Core Mine Shear (refer Figure 2). These include:

• ➢ Springer Shaft Target: Historical shaft which produced 13koz @ 24 g/t gold . Unmined drill intersections include:

• 1.7 m @ 36.6 g/t gold from 15.1 m in CPSH-88-01

• 0.8 m @ 69.4 g/t gold from 16.2 m in CPSH-88-03

• ➢ F Vein Target: Drill intersections include:

• 4.6 m @ 9.3 g/t gold from 27.1 m in CP-88-92 including 2.4m @ 21.4 g/t gold from 27.1 m

• ➢ SW Powderhouse Target: Drill intersections include:

• 6.1 m @ 7.3 g/t gold from 86.6m in PL04-26

• 3.0 m @ 11.1 g/t gold from 119.62m in PL04-29

Cohen – Mac Arthur Shear

The Cohen Mac Arthur shear has been observed on surface and in diamond drill core as a 50m wide high strain zone with coincident, intense ankerite-sericite alteration and quartz-carbonate veining. There has been limited exploration of second order structures related to the shear due to subdued topography and glacial till cover for much of its strike length. However, drilling around outcropping mineralization has identified two prominent target areas (refer to Figure 2 for location):

• ➢ Mac Arthur Target: Drill intersections include:

• 14.3 m @ 1.5 g/t gold from 30.5 m in PC-10-067

• ➢ Kawinogans Target: Drill intersections include:

• 23.5 m @ 1.4 g/t gold from 196 m in PC-10-092

East Pat Shear

The East Pat is almost entirely unexplored due to subdued topography and glacial till cover for much of its strike length. It was identified and drilled by previous explorer PC Gold in 2010 in the East Pat Target area (refer to Figure 2 for location):

• ➢ East Pat Target: Drill intersections include:

• 35.6 m @ 2.2 g/t gold from 21.5 m in PC-10-108

• 6.0 m @ 7.7 g/t gold from 232 m in PC-10-145

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Figure 1: Location of the high-grade, Pickle Crow and Central Patricia Gold Mines and regionally significant shear zones within the Pickle Crow tenement areas (refer to ASX announcement 28/01/2020[1] ).

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Figure 2: Location of the high-grade, Pickle Crow and Central Patricia Gold mines and targets related to the Core Mine, Cohen-MacArthur and East Pat shear zones. ([a] Sourced from Northern Miner, May 1984)

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The Pickle Crow Gold Project – Unlocking the Potential

Subsequent to historic mining that ceased in 1966 there has been limited exploration of the Pickle Crow Gold Project. Any work that has been conducted by modern explorers has been fragmented and focused on developing small remnant resources proximal to the old mine infrastructure.

Auteco intends to return to first principles at the project within the tenement area with a focus on discovering and developing new project scale, high-grade, near surface, JORC compliant gold resources.

As such, it is Auteco’s intention to define a maiden resource in this coming quarter. It is anticipated that any resource will reinforce the high-grade nature of the Pickle Crow Gold Project and underpin the exploration potential of the project.

Following this, Auteco intends to drill 5000m targeting high-grade, walk-up drill targets to bring further areas into JORC 2012 resource compliance.

High Grade Gold in one of Canada’s most Prolific Gold Belts

The Pickle Crow Project has been acquired due to the high potential of the project to host high grade lode style gold mineralization. The earn in of the Pickle Crow Gold Project also provides a base of operations in one of Canada’s most prolific high-grade gold producing terranes, the Birch-Uchi sub-province of the Superior Craton. The project consists of ~320km[2] of tenure in this highly prolific terrain that has been

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consolidated since 2014 from previously fragmented tenure around Pickle Crow for the first time. Due to the history of the area, only minimal modern exploration has been conducted at the project.

Major producing mining camps in the terrane include the Red Lake High Grade Gold Camp operated by Evolution Mining (historic production of over 25 Moz at +20 g/t gold[2] ) The project is also located proximal to Newmont Goldcorps’ Musselwhite deposit 2.3Moz Reserves[3] (refer to Figure 2 below).

Figure 2: Location of the high-grade, Pickle Crow Gold Project and regionally significant deposits and projects.

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About First Mining Gold Corp

First Mining Gold Corp. is a Canadian-focused gold exploration and development company advancing a large resource base of 7.4 million ounces of gold in the Measured and Indicated categories and 3.8 million ounces of gold in the Inferred category. First Mining’s primary focus is the development and permitting of its Springpole Gold Project and the advanced exploration of its Goldlund Gold Project, both located in northwestern Ontario. Springpole is one of the largest undeveloped gold assets in Canada, with permitting and a Pre-Feasibility Study underway. Goldlund is an advanced exploration stage asset where drilling in 2020 is planned to define both the extension of the existing resource area and to better define the regional scale potential. First Mining’s eastern Canadian property portfolio also includes Cameron, Pickle Crow, Hope Brook, Duparquet, Duquesne, and Pitt.

First Mining was created in 2015 by Mr Keith Neumeyer, founding President and CEO of First Majestic Silver Corp.

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About Auteco Minerals

Auteco Minerals Limited (ASX: AUT) is an emerging mineral exploration company currently focused on advancing high-grade gold resources at the Pickle Lake Gold Project in the world-class Uchi sub-province of Ontario, Canada. The Auteco Board of Directors and technical management team has a proven track record of discovering gold and creating wealth for shareholders and all stakeholders in recent years.

The Company also has a joint venture on the Limestone Well Vanadium-Titanium Project in Western Australia.

For further information, please contact:

Mr Ray Shorrocks Executive Chairman Auteco Minerals Ltd Phone: +61 8 9220 9030

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Notes

1 Refer Sedar Technical report for historical production -

https://www.sedar.com/GetFile.do?lang=EN&docClass=24&issuerNo=00022404&issuerType=03&projectNo=02810557&docId=4375165

2 Mineral Resources and Ore Reserves of Red Lake are taken from Goldcorp’s NI-43-101 Mineral Resources and Ore Reserves Update as at 30 June 2018 which was released by Goldcorp on 22 February 2019 and is available on www.sedar.com.

3 As at June 30th 2018. Further details Mineral Reserves and Resources for the Musselwhite Deposit are contained in Goldcorp’s annual information form for the year ended December 31, 2017 and the following technical reports for each of those properties, all of which are available under the Company’s profile at www.sedar.com.

Competent Person Statement

The information in this announcement that relates to Exploration Results, Mineral Resources, Ore Reserves or targets is based on information compiled by Mr Marcus Harden, who is a Member of the Australasian Institute of Geoscientists. Mr Harden is an employee of the Company and has sufficient experience in the style of mineralisation and type of deposit under consideration and qualifies as a Competent Person as defined in the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Harden consents to the inclusion of the information in this report in the form and context in which it appears.

Disclaimer

This report has been prepared Auteco Minerals Ltd (the Company) based on information from its own and third-party sources and is not a disclosure document. No party other than the Company has authorised or caused the issue, lodgement, submission, despatch or provision of this report, or takes any responsibility for, or makes or purports to make any statements, representations or undertakings in this announcement. Except for any liability that cannot be excluded by law, the Company and its related bodies corporate, directors, employees, servants, advisers and agents (Affiliates) disclaim and accept no responsibility or liability for any expenses, losses, damages or costs incurred by you relating in any way to this presentation including, without limitation, the information contained in or provided in connection with it, any errors or omissions from it however caused, lack of accuracy, completeness, currency or reliability or you or any other person placing any reliance on this announcement, its accuracy, completeness, currency or reliability. This report is not a prospectus, disclosure document or other offering document under Australian law or under any other law. It is provided for information purposes and is not an invitation nor offer of shares or recommendation for subscription, purchase or sale in any jurisdiction. This announcement does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. Each recipient must make its own independent assessment of the Company before acquiring any shares in the Company (Shares).

Forward Looking Information

This report contains forward-looking statements. Wherever possible, words such as “intends”, “expects”, “scheduled”, “estimates”, “anticipates”, “believes”, and similar expressions or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved, have been used to identify these forward-looking statements. Although the forward-looking statements contained in this release reflect management’s current beliefs based upon information currently available to management and based upon what management believes to be reasonable assumptions, The Company cannot be certain that actual results will be consistent with these forward-looking statements. A number of factors could cause events and achievements to differ materially from the results expressed or implied in the forward-looking statements. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. Forward-looking statements necessarily involve significant known and unknown risks, assumptions and uncertainties that may cause the Company's actual results, events, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although the Company has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be anticipated, estimated or intended, including those risk factors discussed in the Company’s public filings. There can be no assurance that the forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, prospective investors should not place undue reliance on forward-looking statements. Any forward-looking statements are made as of the date of this presentation, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, unless otherwise required by law. This presentation may contain certain forward-looking statements and projections regarding:

• estimated, resources and reserves;

• planned production and operating costs profiles;

• planned capital requirements; and

• planned strategies and corporate objectives.

Such forward looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors many of which are beyond the control of the Company. The forward looking statements/projections are inherently uncertain and may therefore differ materially from results ultimately achieved. The Company does not make any representations and provides no warranties concerning the accuracy of the projections and disclaims any obligation to update or revise any forward looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws.

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APPENDIX A:

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Table 1: Significant Intercept Table. Cut-off grade of 1 g/t Gold allowing for 1m internal dilution (NSI – No significant Intercept). All cords in NAD 83 z15 (except * in NAD83 z14).

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PL04-02	702151	5708277		180	-45	0	189.392					NSI
PL04-03	702198	5708280		180	-45	0	138.32					NSI
PL04-04	702183	5708088		180	-45	0	138.32		21.28	22.8	1.52	4.02
								incl	22.19	22.5	0.3	4.85
								and	22.5	22.8	0.3	5.46
									22.8	23.41	0.61	1.78
									46.82	47.42	0.61	4.28
PL04-05	702477	5708703		180	-45	0	123.12		87.25	87.55	0.3	2.58
									104.88	106.4	1.52	5.78
								incl	74.48	75.09	0.61	10.29
									105.49	106.1	0.61	3.25
PL04-06	702418	5708710		180	-45	0	107.92		31.92	33.44	1.52	1.68
									33.74	34.5	0.76	2.89
									34.5	34.96	0.46	22.37
									34.96	36.48	1.52	4.02
								incl	34.96	35.11	0.15	6.97
								and	35.11	35.72	0.61	6.34
									42.56	44.08	1.52	2.38
									47.12	48.64	1.52	1.18
									59.89	60.8	0.91	1.8
									60.8	62.32	1.52	1.26
PL04-07 PL04-08	702397 702397	5708550 5708552		0 180	-45 -45	0 0	113.392 120.08					NSI
												NSI
PL04-09	702472	5708575		180	-45	0	110.96					NSI

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Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PL04-10	702443	5708561		0	-47	0	65.968		31.01	31.92	0.91	1.13
PL04-11	702443	5708565		0	-45	0	162.64		113.7	114.3	0.61	3.51
									115.22	119.47	4.26	1.58
								incl	115.22	116.13	0.91	2.08
								and	117.04	117.65	0.61	1.56
								and	117.65	118.26	0.61	2.47
								and	118.26	118.86	0.61	2.05
									122.21	123.73	1.52	4.26
								incl	122.21	123.12	0.91	1.55
								and	123.12	123.73	0.61	6.96
									130.72	134.52	3.8	1.45
								incl	130.72	131.48	0.76	1.01
								and	131.48	132.24	0.76	1.39
								and	133	133.76	0.76	3.1
								and	133.76	134.52	0.76	1.05
									151.24	152	0.76	3.08
PL04-12	702465	5708573		345	-47	0	172.368					NSI
PL04-13	702183	5708088		180	-70	0	212.192					NSI
PL04-14	702121	5708059		0	-45	0	183.92					NSI
PL04-15	702121	5708059		180	-60	0	93.024		71.14	72.05	0.91	0.43
PL04-16	702540	5708726		240	-45	0	123.12					NSI
PL04-17	702480	5708736		180	-70	0	123.12					NSI
PL04-18	702480	5708736		0	-45	0	151.088		74.48	75.09	0.61	0.35
									75.09	75.7	0.61	9.39
									76.3	76.91	0.61	1.08
									76.91	77.52	0.61	0.54

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Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PL04-19	702443	5708719		120	-85	0	162.64		4.56	4.86	0.3	1.74
									13.38	13.68	0.3	0.8
									25.99	26.14	0.15	0.29
									26.75	27.36	0.61	0.71
									33.74	34.05	0.3	0.77
									35.57	35.87	0.3	1.47
									35.87	36.18	0.3	1.06
									37.39	37.7	0.3	0.68
									37.7	38	0.3	0.52
									38	39.52	1.52	2.68
								incl	38	38.3	0.3	5.87
								and	38.3	38.61	0.3	1.16
								and	38.61	38.91	0.3	1.21
								and	38.91	39.22	0.3	4.12
								and	39.22	39.52	0.3	1.03
									39.52	39.82	0.3	0.22
									39.82	40.13	0.3	1.51
									40.13	40.43	0.3	0.24
									40.43	40.89	0.46	1.04
									41.34	41.65	0.3	0.45
									42.26	42.56	0.3	0.53
									42.56	42.86	0.3	0.41
									51.07	53.5	2.43	4.08
								incl	51.07	51.68	0.61	0.87

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Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PL04-19	702443	5708719		120	-85	0	162.64	and	51.68	51.98	0.3	1.44
								and	51.98	52.59	0.61	6.02
								and	52.59	53.2	0.61	10.3
								and	53.2	53.5	0.3	0.26
									53.81	54.26	0.46	0.26
									55.33	55.63	0.3	0.33
									56.54	57.15	0.61	0.46
									57.76	58.06	0.3	0.27
									58.06	58.67	0.61	0.3
									69.01	69.31	0.3	2.2
									72.66	72.96	0.3	0.31
									73.26	73.57	0.3	0.23
									73.87	74.48	0.61	0.23
									74.48	74.78	0.3	1.24
									77.52	78.13	0.61	3.35
									78.13	78.74	0.61	0.36
									78.74	79.04	0.3	0.73
									79.04	79.65	0.61	0.56
									79.65	79.95	0.3	0.98
									84.51	84.82	0.3	0.45
									98.5	100.32	1.82	1.49
									102.45	103.06	0.61	0.61
									103.36	103.97	0.61	0.52
									104.88	106.4	1.52	0.31
									106.7	107.31	0.61	0.32

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Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PL04-19	702443	5708719		120	-85	0	162.64		107.31	107.92	0.61	0.28
									124.94	125.55	0.61	3.63
PL04-20	702978	5708599		0	-45	0	208.544					NSI
PL04-21	702443	5708719		220	-85	0	81.168					NSI
PL04-22	702443	5708719		297	-85	0	177.84		42.56	44.84	2.28	3.57
								incl	43.32	44.08	0.76	3.94
									48.64	49.25	0.61	2.34
									50.16	53.2	3.04	7.01
								incl	50.16	52.29	2.13	9.01
								and	50.77	52.29	1.52	10.11
								and	50.77	51.68	0.91	10.47
								and	51.68	52.29	0.61	9.76
									95.15	96.37	1.22	1.9
								incl	95.76	95.76	0	2.79
PL04-23	702978	5708599		0	-70	0	184.528					NSI
PL04-24	702978	5708599		345	-45	0	241.984					NSI
PL04-25	702978	5708599		15	-45	0	178.144					NSI
PL04-26	702443	5708719		353	-85	0	115.216		32.83	33.44	0.61	1.95
									36.02	37.24	1.22	1.41
									40.28	41.8	1.52	2.72
								incl	40.28	41.04	0.76	4.51
									43.47	44.08	0.61	1.92
									77.52	78.74	1.22	9.63
								incl	77.52	78.13	0.61	12.26
									86.64	92.72	6.08	7.31

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==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
								incl	86.64	91.2	4.56	8.89
									88.16	91.2	3.04	11.97
									88.16	89.68	1.52	14.22
PL04-27	702443	5708719		60	-85	0	150.48		41.04	41.8	0.76	1.95
									49.4	56.24	6.84	2.2
									49.4	50.16	0.76	2.65
									50.16	50.92	0.76	4.6
									53.96	56.24	2.28	3.06
									55.48	56.24	0.76	4.92
									90.44	91.96	1.52	1.86
									99.41	100.32	0.91	1.79
									101.08	101.84	0.76	1.25
PL04-28	702978	5708599		0	-50	0	170.24					NSI
PL04-29	702443	5708561		345	-45	0	159.904		119.62	122.66	3.04	11.06
									119.62	121.9	2.28	14.2
									119.62	121.14	1.52	19.03
									120.38	121.14	0.76	25.74
									124.94	125.7	0.76	1.2
									134.06	137.1	3.04	3.79
									134.06	134.82	0.76	2.59
									134.82	137.1	2.28	4.19
									135.58	136.34	0.76	6.43
									140.14	140.9	0.76	1
									141.66	142.42	0.76	1.26

14 | P a g e

==> picture [160 x 52] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-062	702711.5	5711162	337.7	138	70	0	509	509	70	96.1	26.1	0.21
									91.4	93.1	1.7	1.55
									92.4	93.1	0.7	2.24
									233	234	1	1.82
									325	356	31	0.21
									328	328.5	0.5	1.93
									351.5	353	1.5	1.53
PC-10-067	704235.2	5711758	340.5	138	-50	0	104	104	30.5	44.8	14.3	1.48
									30.5	33.1	2.6	4.99
									32	32.5	0.5	14.85
									44.3	44.8	0.5	7.38
									68.9	69.7	0.8	1.04
PC-10-069	704235.2	5711758	340.5	138	-75	0	149	149	35.5	41.8	6.3	2.99
									41.3	41.8	0.5	30.27
									53.75	61.5	7.75	0.41
									53.75	55.2	1.45	1.01
									61	61.5	0.5	1.81

15 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-071	705852.8	5712254	331.1	138	-52	0	308	308	41	53.38	12.38	0.22
									42	43	1	0.92
									89.42	91.52	2.1	0.4
									151.04	171.67	20.63	1.02
									151.04	160	8.96	1.41
									157	160	3	2.78
									158	159	1	4.2
									200	202	2	0.44
PC-10-070	704186.1	5711810	339.9	138	-49	0	191	191	121.5	122	0.5	9.35
									149	149.5	0.5	1.06
PC-10-072	704186.1	5711810	339.9	138	-66	0	233	233	134	134.95	0.95	1.15
									160.12	160.66	0.54	1.73
PC-10-073	704254.2	5711790	340.2	138	-50	0	128	128	50.6	55.5	4.9	0.91
									50.6	52.1	1.5	1.56
PC-10-074	704213.9	5711744	340.7	138	-50	0	95	95	29.5	31	1.5	0.83
									39	39.63	0.63	1
PC-10-075	704190.3	5711733	341.6	138	-51	0	137	137	44	45.5	1.5	0.35
PC-10-089	705908.8	5712192	333.9	140	-50	0	148	148	30.28	62.5	32.22	0.68
									43.1	62.5	19.4	0.84
									43.1	53.5	10.4	0.91
									43.1	44.3	1.2	2.81
									52.9	53.5	0.6	5.74

16 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-090	705957.3	5712211	333.5	140	-50	0	295	295	53.5	56.86	3.36	0.62
									54.5	55.4	0.9	1.14
									76	78.33	2.33	0.24
									131	159.6	28.6	0.15
									151.5	158.92	7.42	0.34
									151.5	153	1.5	0.96
									246.57	252	5.43	0.58
									246.57	249	2.43	0.94
PC-10-092	705819.9	5712291	334.1	140	-50	0	308	308	82.75	85	2.25	0.68
									84	84.5	0.5	1.88
									102.5	114	11.5	1.5
									107.5	112.25	4.75	3.38
									107.5	108.5	1	11.71
									196	219.5	23.5	1.41
									201	213	12	2.48
									211	213	2	9.14
									212	213	1	12.56
PC-10-094	702633	5711247	337.1	140	-70	0	45	45	Abandoned due to excessive overburden
PC-10-102	705871.7	5712155	334.5	140	-55	0	153	153	105.17	105.73	0.56	2.09

17 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-103	705954.3	5712212	333.2	180	-55	0	394	394	2.5	4	1.5	0.94
									121.6	130.05	8.45	0.4
									170.87	278.5	107.63	0.24
									171.3	176.6	5.3	2.45
									171.3	173	1.7	5.57
									172.2	173	0.8	10.19
									186.5	187	0.5	1.06
									222.5	223	0.5	2.11
									231	232	1	1.36
PC-10-104	705868.4	5712316	334.2	140	-50	0	437	437	10	11	1	4.04
									23	24.5	1.5	0.94
									123.85	132.3	8.45	0.22
									125	125.5	0.5	0.95
									211.85	230.1	18.25	0.17
									212.85	213.85	1	1.03
									280.65	313.86	33.21	0.11
									286.65	287.65	1	1.14
PC-10-105	702632.8	5711245	337.2	140	-50	0	500	500	79.9	213.97	134.07	0.24
									134.95	139	4.05	1.44
									160.5	203.7	43.2	0.42
									160.5	164	3.5	2.41
									161	161.5	0.5	5.81
									193.79	203.7	9.91	0.7
									203.17	203.7	0.53	2.81

18 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-106	705821.4	5712293	334.2	140	-70	0	461	461	117.5	125.3	7.8	0.64
									122	123	1	1.82
									155	164.35	9.35	1.08
									163.3	163.8	0.5	3.43
									314	315	1	1.48
PC-10-107	702577.1	5711068	339.7	140	-50	0	404	404	155.6	160.6	5	1.05
									159.1	160.6	1.5	3.26
									370.35	371.47	1.12	0.22
PC-10-108	702557.9	5711088	339.7	50	-52	0	380	380	114	251.5	137.5	0.75
									114	132	18	0.93
									129.5	130.7	1.2	6.8
									168	169.65	1.65	2.55
									169.5	169.65	0.15	4.1
									214.5	250.15	35.65	2.24
									232.8	250.15	17.35	4.01
									241.13	250.15	9.02	6.1
									242	243.5	1.5	31.03
PC-10-109	706005.1	5712243	332.2	235	-56	0	337	337	31	32.5	1.5	0.83
									160	175.9	15.9	0.49
									169.4	175	5.6	1.05
									169.4	170	0.6	3.11
									174.23	175	0.77	4.23
									235.4	239.8	4.4	0.32
									236.2	236.8	0.6	1.08

19 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-110	705918.6	5712342	333.9	140	-50	0	516	516	145.65	148.22	2.57	4.38
									146.65	148.22	1.57	7.09
									146.65	147.15	0.5	13.26
									235.43	237.63	2.2	0.51
									235.93	236.43	0.5	1.28
									403.5	413	9.5	0.25
									422.29	427.88	5.59	0.2
									460	469.3	9.3	0.51
									465	465.86	0.86	1.32
PC-10-112	705979.1	5712354	334.9	140	55	0	314	314	50.25	51.85	1.6	4.05
									188.28	188.95	0.67	1.69
PC-10-114	705771.4	5712270	331.9	164	-71	0	267	267	88.85	101.5	12.65	0.24
									96	97.04	1.04	0.81
									118.96	119.61	0.65	0.71
									120.69	121.07	0.38	0.58
PC-10-117	705771.3	5712271	331.9	140	-70	0	260	260	120.9	130.29	9.39	0.77
									120.9	127.77	6.87	0.91
									125.83	126.96	1.13	1.59
									188.85	194	5.15	0.2

20 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-10-119	702566.9	5711323	336.4	140	-70	0	401	401	32.3	142.5	110.2	0.39
									32.3	101	68.7	0.53
									35	38.6	3.6	0.97
									41.6	43.1	1.5	1.25
									58.7	61.4	2.7	1.1
									73.7	88.1	14.4	1.02
									73.7	75.2	1.5	4.8
									74.9	75.2	0.3	8.51
									259.9	313	53.1	0.85
									261.9	277.5	15.6	2.49
									267.4	274.2	6.8	3.39
									273.2	274.2	1	6.24
PC-11-121	702579.8	5711106	339	50	-50	0	284	284	76	223.64	147.64	0.19
									84.1	114.13	30.03	0.49
									84.1	91	6.9	1.45
									179	179.9	0.9	1.69
									199.8	201	1.2	1.11
									221	223.64	2.64	1.51
PC-11-123	702540.9	5711072	339	50	-50	0	75	75	Hole abandoned in overburden
PC-11-124	702541.2	5711073	339	50	-50	0	384	384	161.44	327.62	166.18	0.11
									161.44	179.5	18.06	0.43
									161.44	167.35	5.91	1.22
									165.7	167.35	1.65	2.07
									292.64	293.84	1.2	5.77
									292.64	293.34	0.7	8.87

21 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-11-125	702599	5711208	337	140	-70	0	308	308	38	232	194	0.27
									38	133.17	95.17	0.35
									38	40.39	2.39	3.9
									39.25	40.39	1.14	7.19
									39.68	40.39	0.71	8.74
									86.1	133.17	47.07	0.7
									113	133.17	20.17	1.55
									113.96	115	1.04	4.01
									122.25	133.17	10.92	2.24
									122.25	124	1.75	3.99
									129	133.17	4.17	3.45
									131	132.86	1.86	5.97
									210.49	211.05	0.56	1.58
									225.5	227.48	1.98	2.14
									226.19	226.76	0.57	3.28
PC-11-126	702671.4	5711278	337	140	-70	0	335	335	139.44	150.7	11.26	0.15
									222.46	225.5	3.04	0.59
									225	225.5	0.5	1.14
									290.95	291.86	0.91	0.74

22 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-11-128	702481.4	5711312	337	138	-50	0	383	383	157	327.9	170.9	0.18
									161	175.3	14.3	0.58
									161	162	1	1.46
									172.5	174.9	2.4	0.99
									204.5	219.05	14.55	0.72
									205	212.9	7.9	0.85
									205	209.45	4.45	1.06
									206.35	206.92	0.57	3.01
									260	261.1	1.1	1.5
									319.7	327.9	8.2	0.63
									320.2	320.9	0.7	4.51
PC-11-130	702458.4	5711263	337	138	-50	0	459	459	113	162	49	0.04
									160.75	162	1.25	0.36

23 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
PC-11-131	702655	5711290	337	230	-75	0	528	528	222	489	267	0.77
									224	475.05	251.05	0.82
									225	230.2	5.2	3.04
									256	282	26	1.22
									276	278	2	3.38
									377	466.45	89.45	1.46
									377	387.25	10.25	2.5
									380.1	381	0.9	6.92
									399	408.3	9.3	2.06
									403	406	3	3.07
									420	435.65	15.65	2.17
									434.4	435.65	1.25	6.95
									454.3	466.45	12.15	2.64
									455.3	459.55	4.25	4.02
639-1	701233.1	5708746	350	182	-50	0	183.92	183.92	103.7	104.31	0.61	3.429
									145.49	146.25	0.76	1.371
									148.99	149.45	0.46	2.4
639-2	701080.7	5708754	350	180	-50	0	183.92	183.92	175.07	175.38		1.371
639-3	700926.4	5708792	350	182	-50	0	193.98	193.98				NSI
639-5	700774.4	5708859	350	180	-55	0	256.2	256.2				NSI

24 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
640-1 686-1	701389.8 699937.9	5708814 5708777	350 346.22	180 188	-55 -50	0 0	258.03 279.38	258.03 279.38	100.14	100.45		10.286
									177.21	177.66		8.914
									182.54	183		3.086
696-1	700324.1	5708839	350	181	-60	0	308.05	308.05	295.85	296.31		1.959
									307.75	308.05		70.971
697-1	700267.8	5708686	350	180	-60	0	22.88	22.88				NSI
698-1	700332.7	5708688	350	180	-60	0	244	244	155.55	155.86		32.914
698-1A	700332.7	5708688	350	180	-60	0	154.48	154.48	134.2	134.66		4.8
698-2	700334.5	5708628	350	180	-60	0	136.64	136.64	95.77	96.46		4.457
700-1	700657.1	5709069	350	183	-55	0	364.48	364.48				NSI
700-2	700692.9	5709289	346.67	188	-60	0	396.81	396.81	158.6	158.91		2.057
700-3	700739.3	5709434	345.27	195	-52	0	256.81	256.81				NSI
701-1	700493.1	5708899	350	180	-60	0	133.59	133.59				NSI

25 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
CPSH-88-01	703315.9	5708008	350	150	-50	0	175.91	175.91	15.06	16.76	1.7	36.57
									20.42	21.03	0.61	1.36
CPSH-88-02	703306	5708007	350	183	-50	0	35.67	35.67	10.52	11.28	0.76	41.39
CPSH-88-03	703318	5707995	350	183	-70	0	42.38	42.38	16.15	16.92	0.77	69.4
CPSH-88-04	703317.1	5707993	350	183	-40	0	16.16	16.16	2.83	3.6	0.77	1.05
									4.21	4.45	0.24	1.02
CPSH-88-05	703283.9	5708017	350	183	-50	0	46.04	46.04	12.83	13.72	0.89	10.4
									16.09	16.31	0.22	15.85
CPSH-88-06	703345.3	5708010	350	183	-50	0	66.16	66.16				NSI
CPSH-88-07	703284.7	5708019	350	183	-70	0	47.87	47.87	16.79	17.98	1.19	1.98
CPSH-88-08	703293.5	5708017	350	183	-70	0	53.66	53.66	17.68	17.98	0.3	0.74
CPSH-88-09	703292.9	5708015	350	183	-50	0	47.87	47.87	15.42	15.73	0.31	1.81
CPSH-88-10	703300.4	5708015	350	183	-70	0	47.87	47.87	40.23	40.54	0.31	0.74
CPSH-88-11	703299.8	5708014	350	183	-50	0	44.83	44.83				NSI
CP-88-92	703100	5707982	350	150	-50	0	121.04	121.04	27.13	31.7	4.57	9.27

26 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
CP-88-72	703116.2	5708041	350	150	-50	0	197.87	197.87	17.49	17.83	0.34	0.94
									26.52	27.28	0.76	6.04
									51.87	54.86	2.99	0.31
									56.29	58.52	2.22	4.73
									65.53	66.14	0.61	0.28
									70.71	72.23	1.52	0.4
									121	121.61	0.61	0.28
CP-88-57	703145.2	5708108	350	180	-50	0	142.07	142.07	57.15	72.39	15.24	0.45
									64.77	71.62	6.86	0.88
CP-87-23	703170.7	5708142	350	183	-60	0	178.96	178.96	84.43	85.19	0.76	5.95
									87.47	89	1.52	0.99
									95.09	95.85	0.76	3.97
									109.27	110.03	0.76	0.34
									111.55	112.31	0.76	3.97
									113.84	115.36	1.52	1.93
									121.46	122.52	1.07	1.7
									128.31	128.92	0.61	0.51
CP-87-28	703230	5708170	350	183	-60	0	182.01	182.01	93.42	99.51	6.1	0.51
CP-88-55	703244.4	5708211	350	150	-50	0	154.57	154.57	2.44	3.81	1.37	0.43
									90.37	90.83	0.46	0.28
CP-87-25	703286.4	5708201	350	183	-60	0	191.16	191.16	80.16	80.77	0.61	2.84
									81.99	82.44	0.46	2.84
									143.55	145.08	1.52	1.28
									145.84	146.6	0.76	0.28
									183.18	183.63	0.46	0.28

27 | P a g e

==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation (m)	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
Tarp Lake
GPT-87-1	707381.7	5720758	366	295	-45	0	124.39	124.39				NSI
GPT-87-2	706580.3	5720554	366	295	-57	0	124.39	124.39				No assay available
GPT-87-4	706685.6	5720606	366	295	-58	0	243.6	243.6				No assay available
GPT-88-6	706698.9	5720803	366	310	-54	0	181.37	181.37				NSI
GPT-88-7	706719	5721026	366	310	-50	0	163.69	163.69				NSI
GPT-88-8	706584.5	5720900	366	310	-55	0	130.16	130.16				NSI
GPT-88-9	706445.1	5720480	366	360	-55	0	40.37	40.37				NSI
GPT-88-9A	706440.1	5720480	366	360	-50	0	181.67	181.67				NSI
GPT-90-11	706714.1	5720913	366	310	-50	0	201.83	201.83				NSI
GPT-90-12	706751.2	5720982	366	310	-50	0	179.88	179.88			4.6	7.2
GPT-90-13	706805.8	5721131	366	310	-50	0	271.34	271.34				NSI
GPT-90-14	706900.6	5721226	366	310	-50	0	106.71	106.71				NSI
CGR91-15*	291475	5721091	366	310	-50	0	258	258	245.4	255.4	10.1	2.74
									246.6	251.8	5.2	4.4
CGR91-16*	291431	5721017	366	310	-50	0	243	243	155.4	160.5	5	3.53
TL-22	706864	5720862	366	310	-50	0	282	282				NSI
TL-23	706970	5720985	366	310	-50	0	237	237				NSI
TL-24	706967	5721340	366	310	-50	0	180	180				NSI
TL-25	706823	5721447	366	310	-50	0	153	153				NSI
TL-27	706905	5720760	366	310	-45	0	153	153	110.5	118.5	8	1.1
TL-28	706823	5720645	366	310	-45	0	153.3	153.3	69	70.5	1	1
TL-29	706998	5720865	366	310	-45	0	245.4	245.4	158	194	36	1.5

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==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation (m)	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
Metcalf Target
S-1	704462.8	5715976	360	310	-50	0	unknown					No assay available
S-3	704423.9	5715872	360	315	-50	0	unknown					No assay available
S-4	704293	5715778	360	310	-50	0	unknown					No assay available
S-5	704344.5	5715744	360	310	-50	0	unknown					No assay available
S-7	704274.3	5715749	360	310	-50	0	unknown					No assay available
S-8	704299.3	5715730	360	310	-50	0	unknown					No assay available
S-9	704326	5715713	360	310	-50	0	unknown					No assay available
S-11	288403	5716286	360	310	-50	0	unknown		114.3	120.3	1.8	28.45
S-12	704335.5	5715788	360	310	-50	0	unknown					No assay available
S-14	288454	5716358	360	310	-50	0	unknown		64.6	66.3	1.7	16.11
S-16	704419.9	5715869	360	320	-50	0	unknown					No assay available
S-18	704374.1	5715853	360	310	-50	0	unknown		164	165.8	1.8	74.04
Mitchell Trench
CH-3											1	13.89
											0.6	19.47
											1.3	11.33
											2.2	6.65
D-18	703971	5715954	360	332	-58	0	109.9	109.9	93.9	95.1	1.2	0.85
									95.1	96	0.9	1.42
									101.5	101.8	0.3	1.98

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==> picture [159 x 51] intentionally omitted <==

Hole No.	Easting	Northing	Elevation (m)	Azimuth	Dip	Start Depth (m)	End Depth (m)	Drilled Length (m)	From (m)	To (m)	Width (m)	Au (ppm)
D-19	703883	5715890	360	332	-58		93.6	93.6	21.6	22.1	0.5	1.42
						0			62.2	63.9	1.7	0.85
D-20	703995	5715866	360	332	-53	0	125.9	125.9				NSI
D-21	704371	5715977	360	128	-50	0	70.73	70.73	55.9	56.3	0.5	3.69
									56.3	56.7	0.4	17.58
D-23	704386	5716003	360	128	-58	0	84.33	84.33				NSI
D-24	703995	5715958	360	321	-58	0	105.37	105.37				NSI

Table 2: Significant Grab Sample Table. All cords in NAD 83 z15

Sample ID,	Easting	Northing	Elevation	Au (ppm) 2232.9
JIGGER	702359	5713549	362

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APPENDIX B - JORC Code, 2012 Edition.

Section 1 Sampling Techniques and Data (Criteria in this section apply to all succeeding sections.)

Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
Sampling techniques	•	Nature and quality of sampling (eg	•	Drilling quoted with PC- prefix is from PC Gold
		cut channels, random chips, or		exploration with NQ diameter (47.6mm) drill core
		specific specialized industry		was recovered from drilling. Noramco drilling, CP-
		standard measurement tools		prefix is BQ diameter (36.5mm). All other quoted
		appropriate to the minerals under		intercepts are NQ diameter.
		investigation, such as down hole	•	The core was sawn in half following a sample
		gamma sondes, or handheld XRF		cutting line determined by geologists during
		instruments, etc). These examples		logging and submitted for analysis on nominal 1m
		should not be taken as limiting the		(1ft for historical drillholes) intervals or defined by
		broad meaning of sampling.		geological boundaries determined by the logging
	•	Include reference to measures taken		geologist.
		to ensure sample representivity and	•	Samples from PC Gold holes (PC- prefix) were
		the appropriate calibration of any		submitted to ALS Chemex in Thunder Bay and
		measurement tools or systems used.		North Vancouver for analysis. Samples were
	•	Aspects of the determination of		prepared for analysis using a jaw crusher which was
		mineralisation that are Material to		cleaned with a silica abrasive between samples
		the Public Report.		resulting in 90% of the sample passing through an 8
	•	In cases where ‘industry standard’		mesh screen. A split of the crushed sample
		work has been done this would be		weighing 1000g was then pulverized to 90%
		relatively simple (eg ‘reverse		passing a 150 mesh screen. Sample pulps were
		circulation drilling was used to		analysed for gold by Fire Assay using 50g sample
		obtain 1 m samples from which 3 kg		charge with atomic absorption spectroscopy (AAS)
		was pulverized to produce a 30 g		finish. If the returned assay result was equal to or
		charge for fire assay’). In other		greater than 5g/t then the sample was reassayed by
		cases, more explanation may be		Fire Assay with a gravimetric finish. Quoted
		required, such as where there is		historical drill results without the (PC- prefix) are
		coarse gold that has inherent		Fire Assay conducted by unknown laboratories and
		sampling problems. Unusual		with unknown preparation methods and assay
		commodities or mineralisation types		charge.
		(eg submarine nodules) may warrant	•	All samples >10g/t gold and samples collected from
		disclosure of detailed information.		PC gold drilling (PC- prefix) suspected of nugget
				gold were additionally sent for pulp metallics
				analysis.
			•	For a more complete discussion of sampling
				techniques see document ‘Updated Mineral
				Resource Estimate for the Pickle Crow Property,
				Patricia Mining Division, Northwestern Ontario,
				Canada’ NI-43-101 dated 15thJune 2018 and
				available from System for Electronic Document
				Analysis and Retrieval (www.sedar.com)for First
				Mining Inc.
Drilling techniques	•	Drill type (eg core, reverse	•	Drilling quoted with PC- prefix is from PC Gold
		circulation, open-hole hammer,		exploration with NQ diameter (47.6mm) drill core
		rotary air blast, auger, Bangka,		was recovered from drilling. Noramco drilling, CP-
		sonic, etc) and details (eg core		prefix is BQ diameter (36.5mm). All other quoted
		diameter, triple or standard tube,		intercepts are NQ diameter.
		depth of diamond tails, face-
		sampling bit or other type, whether
		core is oriented and if so, by what
		method, etc).
Drill sample recovery	•	Method of recording and assessing	•	All drilling quoted is NQ diamond core with the
		core and chip sample recoveries and		exception of Noramco drillholes (CP- prefix). RQD
		results assessed.		was recorded for all diamond drilling as per
	•	Measures taken to maximize sample		industry standard. A review of the available
		recovery and ensure representative		diamond drill core RQD’s from the Pickle Crow
		nature of the samples.		project (PC- prefix) indicated that nearly all of the
	•	Whether a relationship exists		holes produced excellent recoveries with an average
		between sample recovery and grade		of >90%. For drilling conducted by other operators
		and whether sample bias may have		recoveries are unknown although reports do not
		occurred due to preferential		highlight significant core loss.
		loss/gain of fine/coarse material.	•	A review of RQD results does not highlight a
				relationship between sample recovery and grade or
				highlight any sample bias due to loss of material.
Logging	•	Whether core and chip samples have	•	All PC Gold samples (PC- hole prefix) were
		been geologically and		geologically logged. Lithology, veining, alteration,
		geotechnically logged to a level of		mineralisation and weathering are all recorded in
		detail to support appropriate Mineral		the geology table of the drill hole database. Other
		Resource estimation, mining studies		quoted drillholes have been similarly logged but
		and metallurgical studies.		records are mostlyin report format.

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Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
	•	Whether logging is qualitative or	•	Geological logging of Diamond Core samples is
		quantitative in nature. Core (or		qualitative and descriptive in nature.
		costean, channel, etc) photography.	•	All holes quoted have been logged in their entirety.
	•	The total length and percentage of
		the relevant intersections logged.
Sub-sampling techniques and	•	If core, whether cut or sawn and	•	All drilling quoted from PC Gold exploration (PC-
sample preparation		whether quarter, half or all core		hole prefix) is.NQ diameter (47.6mm) drill core
		taken.		recovered from drilling. All other quoted intercepts
	•	If non-core, whether riffled, tube		are NQ diameter with the exception of Noramco
		sampled, rotary split, etc and		drilling (CP- Prefix) which is BQ (36.5mm)
		whether sampled wet or dry.		diameter. The core was sawn in half following a
	•	For all sample types, the nature,		sample cutting line determined by geologists during
		quality and appropriateness of the		logging and submitted for analysis on nominal 1m
		sample preparation technique.		(or 1ft) intervals or defined by geological
	•	Quality control procedures adopted		boundaries determined by the logging geologist.
		for all sub-sampling stages to	•	This sampling technique is industry standard and
		maximize representivity of samples.		deemed appropriate.
	•	Measures taken to ensure that the	•	PC Gold QA/QC protocols include the use of crush
		sampling is representative of the in-		duplicates, ¼ core field duplicates, the insertion of
		situ material collected, including for		certified reference materials (CRM’s) including
		instance results for field		low, medium and high-grade standards and coarse
		duplicate/second-half sampling.		blanks. This was accomplished by inserting the
	•	Whether sample sizes are		QA/QC samples sequentially in the drill core
		appropriate to the grain size of the		sample numbering system. One set of the four
		material being sampled.		QA/QC types were inserted every 30 samples
				consisting of 1 crush duplicate, 1 ¼ split field
				duplicate, 1 CRM (altering between low, medium
				and high standard) and 1 blank. This resulted in
				approximately every seventh sample being a
				QA/QC sample. QAQC procedures are not
				disclosed in previous reporting but results are
				consistent with visual observations of
				mineralization as recorded in the geological logs
				and qualitative proportions of logged veining and
				sulphide content.
			•	Sample size is deemed industry standard for
				Orogenic Gold deposits.
			•	For a more complete discussion of sampling
				techniques and sample preparation see document
				‘Updated Mineral Resource Estimate for the Pickle
				Crow Property, Patricia Mining Division,
				Northwestern Ontario, Canada’ NI-43-101 dated
				15thJune 2018 and available from System for
				Electronic Document Analysis and Retrieval
				(www.sedar.com) for First Mining Inc.
Quality of assay data and	•	The nature, quality and	•	Samples were submitted to ALS Chemex in
laboratory tests		appropriateness of the assaying and		Thunder Bay and North Vancouver for analysis.
		laboratory procedures used and		Samples were prepared for analysis using a jaw
		whether the technique is considered		crusher which was cleaned with a silica abrasive
		partial or total.		between samples resulting in 90% of the sample
	•	For geophysical tools,		passing through an 8 mesh screen. A split of the
		spectrometers, handheld XRF		crushed sample weighing 1000g was then
		instruments, etc, the parameters		pulverized to 90% passing a 150 mesh screen.
		used in determining the analysis		Sample pulps were analyzed for gold by Fire Assay
		including instrument make and		using 50g sample charge with atomic absorption
		model, reading times, calibrations		spectroscopy (AAS) finish. If the returned assay
		factors applied and their derivation,		result was equal to or greater than 5g/t then the
		etc.		sample was reassayed by Fire Assay with a
	•	Nature of quality control procedures		gravimetric finish. Quoted historical drill results
		adopted (eg standards, blanks,		without the (PC- prefix) are Fire Assay conducted
		duplicates, external laboratory		by unknown laboratories and with unknown
		checks) and whether acceptable		preparation methods and assay charge.
		levels of accuracy (i.e. lack of bias)	•	In addition to the Company QAQC samples
		and precision have been established.		(described earlier) included within the batch the
				laboratory included its own CRM’s (Certified
				Reference Materials), blanks and duplicates.
			•	Sample assay results were evaluated through
				control charts, log sheets, sample logbook and
				signed assay certificates to determine the nature of
				any anomalies or failures and failures were re-
				assayed at the laboratory. Check assaying was also
				conducted on 1 in every 20 samples. QAQC
				protocols are unknown for historical drill programs
				(without the PC- holeprefix).

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Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
			•	QA/QC work is industry standard and acceptable
				levels of accuracy and precision have been
				established.
			•	For a more complete discussion of QA/QC
				techniques and levels of accuracy obtained from
				sampling see document ‘Updated Mineral Resource
				Estimate for the Pickle Crow Property, Patricia
				Mining Division, Northwestern Ontario, Canada’
				NI-43-101 dated 15thJune 2018 and available from
				System for Electronic Document Analysis and
				Retrieval (www.sedar.com)for First Mining Inc.
Verification of sampling and	•	The verification of significant	•	Historical significant intersections quoted have
assaying		intersections by either independent		been verified by Independent Geological
		or alternative company personnel.		Consultants Micon International Limited. For more
	•	The use of twinned holes.		details see document ‘Updated Mineral Resource
	•	Documentation of primary data, data		Estimate for the Pickle Crow Property, Patricia
		entry procedures, data verification, data storage (physical and		Mining Division, Northwestern Ontario, Canada’ NI-43-101 dated 15thJune 2018 and available from
		electronic) protocols.		System for Electronic Document Analysis and
	•	Discuss any adjustment to assay		Retrieval (www.sedar.com)for First Mining Inc.
		data.	•	There are no twinned holes in the dataset but a
				comparison of the results of different drilling
				generations showed that results were comparable.
				For more details see document ‘Updated Mineral
				Resource Estimate for the Pickle Crow Property,
				Patricia Mining Division, Northwestern Ontario,
				Canada’ NI-43-101 dated 15thJune 2018 and
				available from System for Electronic Document
				Analysis and Retrieval(www.sedar.com)for First
				Mining Inc.
			•	Once all logging data was completed, core marked
				up, logging and sampling data was entered directly
				into the Gems Logger program (an MS Access-
				based database and stored on the onsite server. At
				approximately weekly intervals the server onsite
				was synchronized with the main server in Thunder
				bay. Only one individual was responsible for
				synchronizing the field and office databases.
			•	No adjustments were made to assay data but the
				procedure to determine which gold assay to enter
				into the database was as follows. If a pulp metallic
				assay was performed it was used. If a pulp metallic
				assay was not performed, then a gravimetric assay
				was used. If a gravimetric assay was not performed,
				then the AAS assay was used. If re-assays were
				preformed then the first analysis was used unless a
				QA/QC investigation proved that the first assay was
				suspect, in which case the second analysis was then
				used. For more details see document ‘Updated
				Mineral Resource Estimate for the Pickle Crow
				Property, Patricia Mining Division, Northwestern
				Ontario, Canada’ NI-43-101 dated 15thJune 2018
				and available from System for Electronic Document
				Analysis and Retrieval(www.sedar.com)for First
				Mining Inc. For all drilling not conducted by PC
				Gold (without the PC- hole prefix) no adjustments
				were made to the data.
Location of data points	•	Accuracy and quality of surveys	•	Upon completion of PC Gold drillholes collars (PC
		used to locate drill holes (collar and		Gold prefix) were surveyed by third party
		down-hole surveys), trenches, mine		contractors Delta Surveying and J.D.Barnes of
		workings and other locations used in		Thunder Bay to with +/- 1m using an SX Blue. For
		Mineral Resource estimation.		all other drilling hole collars were converted from
	•	Specification of the grid system		local grids or digitized from georeferenced maps.
		used.		They are recorded by the Ontario Ministry of
	•	Quality and adequacy of		Northern Development and Mines in freely
		topographic control.		available GIS datasets.
			•	A variety of down hole survey tools have been used
				on the property. All holes were surveyed at 50m
				intervals while drilling using an EZY Shot
				magnetic compass based tool supplied by the
				drillers. In conjunction with this, all holes were
				surveyed after completion with a non-magnetic
				down-hole instrument. A variety of tools were
				trialed includingMaxibore toolprovided byReflex

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Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
				Instruments, a Devifelx tool operated by TECH
				Directional services and an SPT North Seeking
				Gyro. For further details of survey reproducibility
				and tools used please refer to document ‘Updated
				Mineral Resource Estimate for the Pickle Crow
				Property, Patricia Mining Division, Northwestern
				Ontario, Canada’ NI-43-101 dated 15thJune 2018
				and available from System for Electronic Document
				Analysis and Retrieval (www.sedar.com)for First
				Mining Inc. For all drilling not conducted by PC
				Gold (lacking the PC- prefix) surveys were
				conducted during drilling with hole orientation
				recorded by the geologist in the field. Downhole
				surveys of dip are recorded by azimuths away from
				the collar are generally lacking.
			•	All location data is in UTM grid (NAD83 Zone 15)
				except where noted.
			•	Topographic Control for PC Gold drilling (PC-
				prefix) was from a DTM created with geophysical
				surveys and verified by drill collar surveys. For all
				other collar data elevation was estimated from
				contours provided from SRTM.
Data spacing and distribution	•	Data spacing for reporting of	•	Due to the nature of mineralisation the hole spacing
		Exploration Results.		is highly variable and of a progressive exploration
	•	Whether the data spacing, and		in nature.
		distribution is sufficient to establish	•	Data spacing for the quoted drilling is not sufficient
		the degree of geological and grade		to establish geological and grade continuities for
		continuity appropriate for the		regional targets.
		Mineral Resource and Ore Reserve	•	No sample compositing was applied.
		estimation procedure(s) and
		classifications applied.
	•	Whether sample compositing has
		been applied.
Orientation of data in relation	•	Whether the orientation of sampling	•	Drill hole orientations were designed to test
to geological structure		achieves unbiased sampling of		perpendicular or sub-perpendicular to the
		possible structures and the extent to		orientation of the intersected mineralisation.
		which this is known, considering the		Drilling was typically oriented perpendicular to the
		deposit type.		trend of geophysical anomalism and the mapped
	•	If the relationship between the		strike and dip of observed mineralisation on surface
		drilling orientation and the		and elsewhere in the project area.
		orientation of key mineralized	•	Due to the density of drilling and the orientation of
		structures is considered to have		drilling perpendicular to mineralized bodies there is
		introduced a sampling bias, this		limited bias introduced by drillhole orientation.
		should be assessed and reported if
		material.
Sample security	•	The measures taken to ensure	•	For PC Gold drilling (PC- prefix), once the core
		sample security.		samples were cut, bagged and sealed with zip ties,
				ten samples were put into rice bags which were
				sealed and secured with numbered security tags.
				Once samples arrived at the laboratory the security
				tags and corresponding samples were verified
				against onsite logs. Prior to shipment samples were
				stored in a locked building onsite. Site was always
				occupied, and no samples were left at the project
				during field breaks. For all other drillholes the
				measures taken to ensure sample security are
				unknown.
Audits or reviews	•	The results of any audits or reviews	•	An audit and review of sampling techniques and
		of sampling techniques and data.		data was conducted as part of NI-43-101 resource
				estimation by Independent Consultants Micon
				International. Please refer to document ‘Updated
				Mineral Resource Estimate for the Pickle Crow
				Property, Patricia Mining Division, Northwestern
				Ontario, Canada’ NI-43-101 dated 15thJune 2018
				and available from System for Electronic Document
				Analysis and Retrieval (www.sedar.com)for First
				Mining Inc.

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Section 2 Reporting of Exploration Results (Criteria listed in the preceding section also apply to this section.)

Criteria	JORC Code explanation	JORC Code explanation	Commentary	Commentary
Mineral tenement and land	•	Type, reference	•	The mineral concessions of the Pickle Crow project consist of
tenure status		name/number, location		106 patented mining claims covering 1,712ha and 88
		and ownership		contiguous, unpatented claims covering approximately
		including agreements		14,048ha. Of the 106 patented claims 98 (the Pickle Crow
		or material issues with		Lease) are held in the name of Teck Cominco Limited (Teck)
		third parties such as		and 8 are held in the name of PC Gold. The unpatented claims
		joint ventures,		are held in the name of PC gold. PC Gold has a lease on the 98
		partnerships,		patented claims held by Teck which expires in 2067. These
		overriding royalties,		leasehold claims are subject to two net smelter return (NSR)
		native title interests,		royalties totaling 1.25%. The other 8 patented claims (the
		historical sites,		Crowshore Patents), plus certain unpatented claims are subject
		wilderness or national		to NSR royalties ranging from 2% to 3%. A full list of
		park and environmental		tenements along with details of relevant NSR’s as they pertain
		settings.		to individual properties is given in Auteco ASX releases dated:
	•	The security of the		28/01/2020 and 17/02/2020. An additional 600 claims were
		tenure held at the time		staked by Auteco subsidiary, Revel Resource (JV) Ltd. and are
		of reporting along with		subject to the terms of the Earn-In-Arrangement.
		any known impediments to obtaining a license to operate in the area.	•	Auteco has entered into a binding term sheet agreement to acquire up to 80% of the Pickle Crow Gold Project from First Mining. A payment of C$50,000 has been made to First Mining. Subject to the completion of a formal agreement, the
				consideration for acquisition of the assets are as follows: Upon
				signing a formal agreement: A further C$50,000 and
				25,000,000 Shares in the capital of Auteco at a deemed issue
				price of A$0.008 per share. Stage 1 Earn-In (51%): Spending
				C$5,000,000 over three years comprising: Spending
				C$750,000 within a 12-month period ('Expenditure Payment
				1'): and Spending C$4,250,000 within a 24-month period after
				Expenditure Payment 1 is satisfied; and Subject to shareholder
				approval by Auteco, issuing to First Mining 100,000,000
				Shares in Auteco. (together 'Stage 1 earn in'). Stage 2 Earn-In
				(a further 19%): Expending exploration expenditure in the 24-
				month period commencing on the date that Auteco satisfies the
				Stage 1 Earn-in of C$5,000,000 ('Expenditure Payment 3');
				and Within 90 days of completing expenditure Payment 3,
				making a cash payment to Seller in the amount of C$1,000,000
				('Expenditure Payment 4'), (together the 'Stage 2 Earn In').
				Also, Buy In: May buy a further 10% interest by paying
				C$3,000,000 to First Mining; and a 2% Net Smelter Return
				granted after the Stage 2 Earn-In. Further details are included
				in ASX release (17/02/2020).
			•	For a more complete discussion of type, reference
				name/number, location and ownership including agreements or
				material issues with third parties such as joint ventures,
				partnerships, overriding royalties, native title interests,
				historical sites, wilderness or national park and environmental
				settings relating to the Pickle Crow Project please refer to
				document ‘Updated Mineral Resource Estimate for the Pickle
				Crow Property, Patricia Mining Division, Northwestern
				Ontario, Canada’ NI-43-101 dated 15thJune 2018 and
				available from System for Electronic Document Analysis and
				Retrieval(www.sedar.com)for First MiningInc.
Exploration done by other	•	Acknowledgment and	•	The first government survey of the area was performed by
parties		appraisal of exploration		William McInnes of the Geological Survey of Canada (GSC)
		by other parties.		along the Crow River from 1903 to 1905. Prospecting in the
				Pickle Lake area commenced in 1926. In 1927, Lois Cohen of
				Haileybury formed a prospecting group and early that winter
				sent Alex and Murdock Mosher in to stake the first claims
				(December 1927) on what ultimately became the Central
				Patricia Gold Mines property. These claims were optioned by
				F.M Connell and Associates in August 1928 and Central
				Patricia Gold Mines Limited was incorporated on February 19,
				1929. Diamond drilling commenced at Central Patricia in
				February 1929 and production in March 1930. The Central
				Patricia discovery paved the way from exploration in the
				region which led to the discovery and initial drilling (1929) of
				the first Pickle Crow orebody the No.1 Vein by Northern
				Aerial Mineral Exploration Limited, a company set up in 1928
				by J.E. (Jack) Hammell. In 1929 gold was also discovered by
				AlbanyRiver Miners Ltd.(AlbanyRiver)at the No.16 vein on

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the Albany River claims to the east of the then Pickle Crow property. Northern Aerial was acquired by Pickle Crow Gold Mines Limited (PCGM) in 1934 with Jack Hammell continuing as president. Production from the Pickle Crow mine began on April 17, 1935. Albany river sank the Albany shaft to a depth of 190m between 1933 and 1938 and completed extensive underground development. Winoga Patricia Gold Mines was created in 1936 and drilled 73 surface diamond drill holes on a pie-shaped property located between PCGM’s holdings and the Albany River Mines ground to the east. A mine shaft was subsequently sunk on the property in 1938. That same year, PCGM took over ownership of both Albany River Mines and Winoga Patricia Gold Mines through a new company called Albany River Gold Mines Ltd. It is believed that the Winoga Patricia Gold Mines shaft later became the No.3 Shaft of the Pickle Crow operation. The CohenMacArthur zone, located 2km to the north of the developing Pickle Crow mine, was discovered in 1933. A total of 14 surface diamond holes were drilled at Cohen-MacArthur in the winter of 1936. This property was optioned by PCGM in 1938, With the acquisition of the Cohen-MacArthur claims, PCGM became one of the largest land holders in the Pickle Lake area. The GSC completed a regional synthesis of the Pickle Crow Greenstone belt during this period as well. Ground and airborne geophysical surveys have been completed over all or parts of the Pickle Crow property at various times during its early history. A dip-needle survey completed in 1936 on the Pickle Crow property was useful in tracing out the bands of the iron formation. A detailed magnetic survey was carried out over the property by Teck (or its predecessor companies) around 1960. The property then underwent a series of ownerships until it became wholly owned by Teck in 1971. The property then sat dormant until 1973 when Pickle Crow Exploration Ltd. Reviewed the economics of reopening the mine. In 1978, a merger between Pickle Crow Explorations Ltd. And four other companies saw Teck’s ownership reduced to 44.6% and a new exploration company called HighlandCrow Resources Ltd. Highland Crow went on to option the property to Galant Gold Mines Limited in 1979. Gallant performed a VLF_EM geophysical survey and drilled 47 surface diamond drill holes for 7,356m. The only known soil geochemical survey done on the Pickle Crow property was completed for Gallant in 1983. Soil values ranged from 10 to 12,000ppb with the high values attributed to mine tailings and cultural anomalies. In 1983 the property returned to HighlandCrow. Noramco Mining Corp. bought Highland-Crow in 1988. Between 1985 and 1987 Highland-Crow completed linecutting, magnetometer and IP, geophysical surveying, geological mapping, surface trenching, diamond drilling and environmental baseline studies. Noramco drilled surface exploration holes, completed geophysical surveys and commenced dewatering of the No.1 shaft. Noramco drilled 286 surface diamond drill holes for 46,189m and 79 underground holes for 9,341m. Noramco also commissioned Historic (non-compliant) resource estimates. In 1994 Noramco changed its name to Quest Capital. Quest assigned its interest to Pickle Crow Resources Inc. A total of 4 surface diamond drill holes for 2,287m were completed. Quest then sold its interest to Wolfden Resource Inc who entered into an option agreement with Jonpol Explorations Ltd. Who drilled 18 surface diamond holes for 2,173.5m. Wolfden also entered into a surface mining agreement with Cantera Mining Limited in 2000. Canterra commenced building a 225tpd gravity mill on site in 2002 but was placed into receivership in 2004. In 2006 Wolfden transferred Pickle Crow to Premier Gold Mines Ltd. Before the property was sold to PC Gold in 2007. PC Gold then explored the property completing 184 holes for 62,968m by 2011 and 173 holes for 35,840.4m from 2011 to 2014 before commissioning an NI-43-101 compliant Resource Estimate. For further details please refer to document ‘Updated Mineral Resource Estimate for the Pickle Crow Property, Patricia Mining Division, Northwestern Ontario, Canada’ NI-43-101 dated 15[th] June 2018 and available from System for Electronic Document Analysis and Retrieval (www.sedar.com) for First Mining Inc.

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Geology	•	Deposit type,	•	The Pickle Crow Gold Deposit is considered to be an Archean
		geological setting and		low-sulphide gold-quartz vein type deposit, also known as
		style of mineralisation.		shear-hosted gold, Archean quartz-carbonate vein gold
				deposits, Archean lode gold, Archean mesothermal gold
				deposits or simply orogenic gold. The deposit occurs primarily
				within mafic volcanics and banded iron formation (BIF) units
				in the Pickle Crow assemblage of the Pickle Lake Greenstone
				belt in the Uchi Lake Subprovince of the Superior Craton of
				the Canadian Shield.
Drill hole Information	•	A summary of all	•	Refer to Appendix A for drill hole information for all reported
		information material to		drill holes for this JORC 2012 Table 1 and in accordance with
		the understanding of		ASX listing rule 5.7.2.
		the exploration results
		including a tabulation
		of the following
		information for all
		Material drill holes:
		o easting and
		northing of
		the drill
		hole collar
		o elevation or
		RL
		(Reduced
		Level –
		elevation
		above sea
		level in
		meters) of
		the drill
		hole collar
		o dip and
		azimuth of
		the hole
		o down hole
		length and
		interception
		depth
		o hole length.
	•	If the exclusion of this
		information is justified
		on the basis that the
		information is not
		Material and this
		exclusion does not
		detract from the
		understanding of the
		report, the Competent
		Person should clearly
		explain why this is the
		case.
Data aggregation methods	•	In reporting	•	All drill hole intersections are reported in Table 1, above a
		Exploration Results,		lower cut-off grade of 0.5g/t Gold or 1g/t as indicated, with no
		weighting averaging		upper cut off grade has been applied. A maximum of 1m
		techniques, maximum		internal waste was allowed. Tabulated results presented in the
		and/or minimum grade		main body of this release.
		truncations (eg cutting
		of high grades) and	•	Metal equivalent values are not used
		cut-off grades are
		usually Material and
		should be stated.
	•	Where aggregate
		intercepts incorporate
		short lengths of high-
		grade results and
		longer lengths of low-
		grade results, the
		procedure used for
		such aggregation
		should be stated and
		some typical examples
		of such aggregations

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		should be shown in
		detail.
	•	The assumptions used
		for any reporting of
		metal equivalent values
		should be clearly
		stated.
Relationship between	•	These relationships are	•	All intersections reported in Table 1 are down hole
mineralisation widths and		particularly important	•	The majority of the drill holes are drilled as close to
intercept lengths		in the reporting of		orthogonal to the plane of the mineralized lodes as possible. A
		Exploration Results.		number of drill holes have intersected the mineralisation at
	•	If the geometry of the		high angles.
		mineralisation with	•	Only down hole lengths are reported.
		respect to the drill hole
		angle is known, its
		nature should be
		reported.
	•	If it is not known and
		only the down hole
		lengths are reported,
		there should be a clear
		statement to this effect
		(eg ‘down hole length,
		true width not known’).
Diagrams	•	Appropriate maps and	•	An exploration plan is included in the body of this release as
		sections (with scales)		deemed appropriate by the competent person.
		and tabulations of
		intercepts should be
		included for any
		significant discovery
		being reported These
		should include, but not
		be limited to a plan
		view of drill hole collar
		locations and
		appropriate sectional
		views.
Balanced reporting	•	Where comprehensive	•	Any significant higher-grade zones in historical drilling are
		reporting of all		listed as included intervals in Table 1.
		Exploration Results is	•	All results above 0.5g/t lower cutoff or 1g/t are reported in
		not practicable,		Table 1 as indicated
		representative reporting
		of both low and high
		grades and/or widths
		should be practiced to
		avoid misleading
		reporting of
		Exploration Results.
Other substantive exploration	•	Other exploration data,	•	Appropriate plans are included in the body of this release.
data		if meaningful and
		material, should be
		reported including (but
		not limited to):
		geological
		observations;
		geophysical survey
		results; geochemical
		survey results; bulk
		samples – size and
		method of treatment;
		metallurgical test
		results; bulk density,
		groundwater,
		geotechnical and rock
		characteristics;
		potential deleterious or
		contaminating
		substances.

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Further work	•	The nature and scale of	•	Auteco Minerals intends to rapidly advance the Pickle Crow
		planned further work		towards drill testing and bringing mineralization into JORC
		(e.g. tests for lateral		2012 compliance.
		extensions or depth	•	An appropriate exploration target plan is included in the body
		extensions or large-		of this release.
		scale step-out drilling).
	•	Diagrams clearly
		highlighting the areas
		of possible extensions,
		including the main
		geological
		interpretations and
		future drilling areas,
		provided this
		information is not
		commerciallysensitive.

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