Scarlett Gold Property

New Westminster Mining Division, British Columbia, Canada NTS Map 092G

Prepared for:

New Target Mining Corp., Suite 510 – 580 Hornby Street Vancouver, British Columbia, Canada, V6C 2B3

Prepared by:

Afzaal Pirzada, P.Geo., Consulting Geologist, Geomap Exploration Inc. 14782 – 61A Avenue, Surrey, BC, V3S 2L8

January 11, 2021 Effective Date: January 11, 2021

1.0	SUMMARY 6
2.0	INTRODUCTION AND TERMS OF REFERENCE 10
2.1	Purpose of Report 10
2.2	Sources of Information 10
3.0	RELIANCE ON OTHER EXPERTS 11
4.0	PROPERTY DESCRIPTION AND LOCATION 11
5.0	ACCESS, CLIMATE, PHYSIOGRAPHY, LOCAL RESOURCES, AND INFRASTRUCTURE 17
5.1	Access 17
5.2	Climate 17
5.3	Physiography 17
5.4	Local Resources and Infrastructure 17
6.0	HISTORY AND PREVIOUS WORK 19
6.1	General History 19
7.0	GEOLOGICAL SETTING AND MINERALIZATION 24
7.1	Regional Geology 24
7.2	Property Geology 29
7.3	Mineralization 30
8.0	DEPOSIT TYPES AND MODELS 33
8.1	Porphyry Copper-Gold Deposits 33
	8.1.1Importance 33
	8.1.2Geographic Distribution 33
	8.1.3Geographic Distribution within British Columbia 33
	8.1.4Grade and Tonnage 34
	8.1.5Tectonic Setting 35
	8.1.6Geological Setting 35
	8.1.7Alteration 35
	8.1.8Structure and Mineralization Styles 36
	8.1.9Mineralogy 37
	8.1.10Morphology and Architecture 37
	8.1.11Genetic Model 37
	8.1.12Porphyry Copper Subtypes 37
	8.1.13Telescoped Intrusion Centered Ore Deposits 38
	8.1.14Exploration Models 39
9.0	EXPLORATION 43
9.1	Soil Sampling Geochemistry 43
	9.1.1Results Discussion and Recommendations 48
9.2	Rock Outcrop Chip Sampling and Mapping 48
	9.2.1Outcrop Rock Chip Sampling Geochemistry 48
	9.2.2Outcrop Rock Chip Sampling Results Discussion 50
9.3	Jewelry Box and Boom BoxOutcrop Channel Sampling 50
	9.3.2Outcrop Channel Sample Results Discussion 54

Scarlett Gold PropertyNI 43-101 Technical Report
------------------------------------------------------

9.4		Petrographic Studies 54
10.0		DRILLING 60
11.0		SAMPLE PREPARATION, ANALYSES AND SECURITY 60
12.0		DATA VERIFICATION 61
13.0		MINERAL PROCESSING AND METALLURGICAL TESTING 65
13.1		Chemical and Mineral Composition 67
13.2		Gold Deportment Mineralogy 67
13.3		Gold Liberation and Association 68
13.4		Silver Deportment Mineralogy 68
13.5		Conclusions and Recommendations 68
14.0		MINERAL RESOURCE ESTIMATES 69
23.0		ADJACENT PROPERTIES 69
23.1		Nicholas Gust (278107) 69
	23.1.1	SPANAR, SKY, NUMBER 1 SHOWING, CRICKMAR 70
	23.1.2	BDR08, CRICKMER, SPANAR 71
	23.1.3	R695NW, GOLDEN SUN 71
	23.1.4	SKY, NUMBER 4 SHOWING, CRICKMER 71
	23.1.5	ORO, K.D., 79 HILL, BLUE DEVIL, EDD, CRICKMAR, ALOUETTE LAKE 72
	23.1.6	R-190W, GOLDEN SUN 73
23.2		Daryle Friesen 73
	23.2.1	SEVENTYNINE CREEK, ORO 74
24.0		OTHER RELEVANT DATA AND INFORMATION 76
24.1		Environmental Concerns 76
24.2		Aboriginal Issues 76
25.0		INTERPRETATION AND CONCLUSIONS 76
26.0		RECOMMENDATIONS 78
27.0		REFERENCES 80
28.0		SIGNATURE PAGE 84
29.0		CERTIFICATE OF AUTHOR 85

LIST OF FIGURES

Figure 1: Property Location Map 14
Figure 2: Claim Map 15
Figure 3: Physiographic and Mineral Occurrences Map 16
Figure 4: Map of Lower Mainland Vancouver 18
Figure 5: 2009 ALS Chemex Rock Chip Sample Results Certificate 19
Figure 6: 2009 ALS Chemex Rock Chip Sample Results Map, Jewelry Box Vein Outcrop 20
Figure 7: Regional Geological Map 28
Figure 8: Local Geology Map 32
Figure 9: Anatomy of a telescoped porphyry Cu system (Sillitoe, 2010) 34
Figure 10: Generalized alteration-mineralization zoning pattern for telescoped porphyry Cu
systems (Sillitoe, 2010) 36
Figure 11: Generalized alteration and mineralization zoning associated with alkalic systems in
British Columbia (Wilson et al., 2003) 40
Figure 12: Relationship between ore deposition and an evolving plutonic system (Wilson et
al., 2003) 42
Figure 13: August 2020 Soil Sample Location Map 44
Figure 14: Gold, Au in Soils Sample Map 44
Figure 15: Silver, Ag in Soils Sample Map 45
Figure 16: Copper, Cu in Soils Sample Map 45
Figure 17: Zinc, Zn in Soils Sample Map 46
Figure 18: Lead, Pb in Soils Sample Map 46
Figure 19: Arsenic, As in Soils Sample Map 47
Figure 20: Tellurium, Te in Soils Sample Map 47
Figure 21: August 2020 Rock Outcrop Chip Sample Location Map 49
Figure 22: August 2020 Rock Outcrop Chip Sample Au and Cu Results Map 50
Figure 23: Jewelry Box Outcrop Channel Sample Zone 52
Figure 24: Boom Box Vein Outcrop Channel Sample Zone 53
Figure 25: Within the quartz interstices, spalerite (sl), galena (gn) and chalcopyrite (cp) are
finely intergrown. Photomicrograph in plane polarized light. 59
Figure 26: A very fine-grained particle of gold (Au) precipitated at the contact between the
sphalerite (sl) and chalcopyrite (cp). Photomicrograph in plane polarized light. 59
Figure 27: In the heterogeneous and strongly altered host rock, anhedral crystals of
amphibole (am), and irregular clusters of epidote (ep) and chlorite in the very fine
grained replacement aggregate of white mica and biotite (wm+bt). Photo in crossed
polarizers transmitted light. 60
Figure 28: Adjacent Properties Map 75

LIST OF TABLES

Table 1: Claim Data 13
Table 2: Longford Exploration Group Due Diligence Rock Sample Assay Procedures 23
Table 3: Longford Exploration Group Due Diligence Sample Assay Results 23
Table 4: Outcrop Rock Chip Sample Assay Highlights 49
Table 5: Jewelry Box Zone Outcrop Channel Sample Zone 51
Table 6: Boom Box Outcrop Channel Sample Zone 53
Table 7: List of samples with their magnetic susceptibility and petrographic classification 58
Table 8: Author collected samples; analytical package of Agat Laboratories 61
Table 9: Description of the Author Collected Samples 63
Table 10: Gold Assay Results 63
Table 11: Highlights of other elements assays 64
Table 12: Baseline Response to Different Process Routes 66
Table 13: Chemical and Mineral Composition of Jewelry Box Vein Composite 67
Table 14: PHASE 1 BUDGET 79

LIST OF PHOTOS

Photo 1: 2009 ALS Chemex Rock Chip Sample Results Photo, Jewelry Box Vein Outcrop 21
Photo 2: Jewelry Box Vein Samples collected on June 13, 2020 by the Longford Exploration
Group 21
Photo 3: Boom Box Vein Samples collected on June 13, 2020 by the Longford Exploration
Group 22
Photo 4: Quartz veining and structures within tonalite (August 2020 Property visit) 30
Photo 5: Photo of a sawn, in situ, grab sample of the Jewelry Box Vein 31
Photo 6: Photo of a sawn, in situ, grab sample of the Boom Box Vein 31
Photo 7: Sulphide mineralization in Jewelry Box Vein (Aug 2020 Property visit photo) 55
Photo 8: August 2020 Exploration work team members (August 2020 Property visit photo) . 62
Photo 9: 2020 Exploration work sampling location (August 2020 Property visit photo) 62

1.0 SUMMARY

Afzaal Pirzada of Geomap Exploration Inc. ("the author") was retained by New Target Mining Corp. ("NTM" or "the Company") to prepare an independent Technical Report on the Scarlett Gold Property ("the Property"). This report is intended to provide a detailed summary of the material scientific and technical information concerning the Property and, in so doing, fulfill the Standards of Disclosure for Mineral Projects according to Canadian National Instrument 43-101 ("NI 43-101"). This report is also being prepared to support an Initial Public Offering and listing of the Company's shares on the TSX Venture Exchange.

The Scarlett Gold Property consists of ten mining claims, covering approximately 1,473.23 hectares land located in the New Westminster Mining Division, Mission, British Columbia Canada. The Property claims are located approximately 25 kilometres north of Mission, BC and approximately 65 kilometres from Vancouver, BC. The Property is currently owned 100% by Infiniti Drilling Corporation (a company owned and controlled by Kristian Whitehead, P.Geo). New Target Mining Corp. has the option to acquire 100% of the right, title and interest in and to the Property from the current owner by making aggregate cash payments of $127,000.00, issuing an aggregate of 1,350,000 common shares, and carrying out exploration work totaling $800,000.00.

Geologically, the Scarlett Gold claims are underlain by coastal plutonic rocks. The coastal mountains are a part of the Fraser Belt, one of the world's great eugeosynclines. The foliated quartz diorite / tonalite of this area contains veins, boudins and veinlets of quartz and sulphides. Pods and stringers of pyrite are scattered irregularly within the exposed quartz rich showings. Throughout the area are numerous cappings of Mesozoic to Cenozoic Sedimentary rocks, the majority of which are probably roof pendants. The lithologies range from sandstone, shale and/or conglomerate with minor tuffs. The rocks of coast plutonic intrusives range in composition from granite to migmatite with inclusions of older sedimentary rocks and greenstone.

Locally, the Property is a part of the Stave Lake Pendent which is the most pronounced geological feature exposed intermittently over approximately three kilometres along the eastern shore of Stave Lake. It contains many areas of plutonic rock which could be more appropriately termed a migmatitic zone rather than a pendant. The eastern limits of the Stave Lake pendant are not accurately defined. The lake-shore exposures reveal a light-coloured, massive, granulitic-textured porphyry which grades into complex migmatitic zones containing hornblende quartz diorite and hornblende diorite. In its less altered form, the porphyry is composed of very fine-grained quartz and plagioclase crystals. The matrix consists of considerable sericite, with magnetite, pale green chlorite and trace epidote.

The northern part of the Stave Lake Pendent where the Property claims are located, has been mapped as Quartz Diorite having greater amounts of hornblende than biotite. The southern

part which is located south of the Property claims has been mapped as diorites in which hornblende is the exclusive mafic mineral. The medium-grained quartz diorite contains about 10% mafic minerals like hornblende and biotite: hornblende being more abundant than biotite. The rocks have been subjected to shearing with accompanying fracturing. Facture filling silicification, quartz veining, boudins and shear zones are prevalent.

Historically, the Fraser River Valley area in general was originally prospected during the 1860's gold rush which was originated from the discovery of placer gold in the Fraser River. Early reports of gold in quartz veins came from Hairsine Creek in the Stave Lake Dam area, the Ruskin dam area and the Hayward Lake area near Stave Falls. In 2009, the previous Property owner discovered two gold, silver and copper showings on the Property known as Jewelry Box and Boom Box veins, after the area was opened up due to construction of numerous logging roads to support several clear cut logging activities conducted in 2008 and 2009 on the Property.

GSC Memoir 335-Roddick, 1965, has suggested that the most likely model for sulphide deposits in the area seem to be those that combine to the maximum extent the following features: (1) a highly evolved plutonic rock, particularly one rich in quartz, such as biotite granodiorite; (2) a sulphur-bearing, permeable host rock; (3) structures that increase or localize permeability.

June 13th, 2020, The Longford Exploration Group consisting of a team of four geologists conducted a single day field trip to the Scarlett Gold Property. During their visit they collected five rock chip samples from the Jewelry Box Vein and adjacent outcrop as well as two rock chip samples from the Boom Box vein location. Samples were prepared and analyzed for gold and multi-elements at Bureau Veritas, Richmond, BC lab processing.

In August 2020, New Target Mining Corp. contracted Mr. Kristian Whitehead, P.Geo. of Infiniti Drilling Corporation to conduct exploration work on the Property which included prospecting, mapping and rock chip sampling; soil geochemistry along a survey grid, channel sampling along the outcrops hosting the 2 previously known mineralized veins on the property; conduct petrographic studies and bulk sample analysis on the Jewelry Box vein material.

Petrographic studies in 2020 indicate that gold-bearing quartz veins have quartz as the most abundant silicate and hosts subordinate amounts of sphalerite, pyrite, galena, chalcopyrite, and bornite all of which filled in the interstices of variably fractured and brittlely deformed quartz crystals. Very fine-grained particles of gold have been precipitated along the boundaries between sphalerite and chalcopyrite and or galena. Gold also occurs as inclusions within fractured pyrite and along the boundaries between the pyrite and hosting quartz.

The author visited the Property on August 29, 2020 to verify the ongoing exploration work on the Property, to view local geological conditions, rock outcrops, local structural trends, and controls of mineralization. Two grab rock samples were collected during this visit (Scarlett 1-AP from the Boom Box showing and Scarlett 2-AP from the Jewelry Box Vein). The results indicate

gold values of 44.2 g/t and 80.3 g/t and anomalous values of silver, lead, and zinc. These values are consistent with historical and current sampling data on the Property.

The data presented in this report is based on published assessment reports available from NTM, the British Columbia Ministry of Mines, Minfile data, the Geological Survey of Canada, and the Geological Survey of BC. A part of the data was collected by the author during the Property visit. All consulted data sources are deemed reliable. The data collected during the course of present study is considered sufficient to provide an opinion about the merit of the Property as a viable exploration target.

Based on its past exploration history, favourable geological and tectonic setting, presence of surface mineralization, and the results of present study, it is concluded that the Property is a property of merit and possesses a good potential for discovery of gold, silver, zinc and other mineralization. Good road access together with availability of exploration and mining services in the vicinity makes it a worthy mineral exploration target. The historical exploration data collected by previous operators on the Property provides the basis for a follow-up work program.

Recommendations

In the qualified person's opinion, the character of the Scarlett Gold Property merits the following phased work program, where each phase is contingent upon the results of the previous phase.

Phase 1 – Prospect Mapping, Sampling, Soil Geochemistry and Geophysical Surveys

Results generated from an August - September 2020 exploration work program defined several prospective targets. Follow up work should include further expanding and infill of the current established soil geochemistry grid, additional mapping, as well as conducting a localized potassic alteration mapping program to aid in vectoring toward the center of the anticipated porphyry target. Additionally, an initial series of up to 4 individual, 100 metre spaced ground Induced Polarization (IP) survey lines. The IP lines would be run north south in orientation and would be a minimum length of 600 metres to ensure ample depth of survey. The IP survey is intended to further trace the depth extent of known mineralized quartz veins as well as potentially assist in determining the location of an anticipated proximal near surface porphyry targets or mineralized fault structures. Lastly follow up work on current mineralized outcrop is warranted which would include; structural mapping, petrographic analysis and higher resolution prospecting. Total estimated budget for this work is $212,080.

Phase 2 – Drilling, Trenching and Sampling

Upon favourable results from the first phase, a subsequent drilling, trenching, surface Induced Polarization geophysical survey and extended soil and rock sampling program would be warranted. This work will be necessary to establish and define the trends and continuity of the anomalous surface mineralization. Initially, the following two areas are recommended for this work, the Jewelry Box and Boom Box zones. Work would include a total of diamond drilling of approximately 1,000 metres and a series of stripping/trenches of around the immediate two areas intended to expose outcrop.

Detailed scope of work, budget and final location of drill holes and trenching work will be dependent upon results of the Phase 1 work program.

2.0 INTRODUCTION AND TERMS OF REFERENCE

2.1 Purpose of Report

Afzaal Pirzada, P.Geo., (the "author") was retained by New Target Mining Corp. ("NTM" or the "Company") to prepare an independent Technical Report on the Scarlett Gold Property (the "Property"). This report is intended to provide a summary of material scientific and technical information concerning the Property and, in so doing, fulfill the Standards of Disclosure for Mineral Projects according to Canadian National Instrument 43-101 ("NI 43-101"). This report is also being prepared to support an Initial Public Offering and listing of the Company's shares on the TSX Venture Exchange.

2.2 Sources of Information

The present report is based on published assessment reports available from the British Columbia Ministry of Mines, Minfile data, and published reports by the Geological Survey of Canada ("GSC"), the Geological Survey of BC (BCGS), various researchers, websites, and personal observations. All consulted sources are listed in the References section. The sources of the maps are noted on the Figures.

The author carried out a visit of the Property on August 29, 2020. The scope of the property inspection was to verify historical and current exploration work, to take geological, infrastructure, and other technical observations on the Property and assess the potential of the Property for discovery of gold, silver and other economically important metals. The geological work performed included conducting due diligence surface grab sampling of the Jewelry and Boom Box veins and visiting various approachable historical and current exploration work areas.

There has been no material work conducted on the property since the author's August 29, 2020 site visit. Certain assays and results were processed and received subsequent to the author's August 29, 2020 site visit.

The author has reviewed the land tenure on the BC Mineral Titles Online (MTO) Database.

The information, opinions and conclusions contained herein are based on:

Information available to the author at the time of preparation of this report;
Assumptions, conditions, and qualifications as set forth in this report; and,
Data, reports, and other information supplied by NTM and other third-party sources.

3.0 RELIANCE ON OTHER EXPERTS

In respect to ownership information relating to the Property set out in Item 1.0 (Summary) and Table 1: List of Property Claims under Item 4.0 (Property Description and Location), the author has reviewed and relied on the Option Agreement and information provided by New Target Mining Corp., which to the author's knowledge is correct.

A limited search of tenure data on the MTO website on November 4, 2020, confirms the data supplied by NTM. However, the limited research by the author does not express a legal opinion as to the ownership status of the Property. This disclaimer applies to ownership information relating to the Property.

4.0 PROPERTY DESCRIPTION AND LOCATION

The Property is currently owned 100% by Infiniti Drilling Corporation (287680) (100%). Pursuant to a property purchase option agreement (the "Option Agreement") between the Optionor and New Target Mining Corp., dated August 5th, 2020, as amended on October 30, 2020 and December 16, 2020, the Company holds an option (the "Option") to acquire a 100% interest in the Claims by making cash payments, common shares issuances and exploration expenditures as follows:

In order to exercise the Option, Optionee (NTM) must:

(a) pay to Optionor (Infiniti Drilling Corporation) a total of $127,000, according to the following schedule:

i. $12,000 within 10 days after execution and delivery of this Agreement by both Parties; ii. $20,000 by the 12-month anniversary of the listing of NTM's shares on the TSX Venture Exchange (the "Listing Date");

iii. $20,000 by the 24-month anniversary of the Listing Date;
iv. $25,000 by the 36-month anniversary of the Listing Date;
v. $50,000 by the 48-month anniversary of the Listing Date;

(b) issue and deliver to Optionor

(i) 150,000 Shares within 10 days after the Listing Date;
(ii) 200,000 Shares by the 12-month anniversary of the Listing Date;
(iii) 200,000 Shares by the 24-month anniversary of the Listing Date;
(iv) 300,000 Shares by the 36-month anniversary of the Listing Date;
(v) 500,000 Shares by the 48-month anniversary of the Listing Date;

(c) incur minimum Expenditures on the Property of not less than an aggregate of $800,000 according to the following schedule:

i. $200,000 by the 12-month anniversary of the Listing Date; ii. an additional $200,000 by the 24-month anniversary of the Listing Date; iii. an additional $200,000 by the 36-month anniversary of the Listing Date; iv. an additional $200,000 by the 48-month anniversary of the Listing Date;

If NTM exercises the option and acquires the Property then it will be subject to a 1% net smelter returns royalty payable to the Optionor upon the commencement of commercial production.

The Property mineral claims were staked using the British Columbia MTO website. With the British Columbia mineral claim staking system there can be no internal fractions or open ground. In response to COVID 19 pandemic situation all mineral and placer claims that have a good to /expiry date before December 31, 2021 have been given extra time to register work or payment instead of work. Enough work or payment in lieu of work must be registered on or before December 31, 2021 to bring the good to/expiry date of the claim into good standing. The claim status is shown as "PROTECTED" on the MTO website. Any claim that has not been brought into good standing by December 31, 2021 will forfeit, as its good to/expiry date will be in the past.

The author undertook a search of the tenure data on the British Columbia government's MTO website which confirms the geospatial locations of the claims boundaries title information provided by NTM.

There were no historical Mineral Resource and Mineral Reserve estimates given.

The Mineral Tenure Act Regulation in British Columbia describe registering exploration and development for a mineral claim. The value of exploration and development required to maintain a mineral claim for one year is provided below:

Mineral Claim - Work Requirement:

$5 per hectare for anniversary years 1 and 2;
$10 per hectare for anniversary years 3 and 4;
$15 per hectare for anniversary years 5 and 6; and
$20 per hectare for subsequent anniversary years

The other option is payment in lieu of work which is double the amount mentioned in the above schedule. The claims are protected until December 31, 2021, thereafter, annual work of $7,366.15 will be required to for year 1 and 2 to keep these claims in good standing.

Mineral rights in British Columbia do not include surface rights. The surface rights on the Scarlett Gold Property are held by the Crown and a "Notice of Work and Reclamation Program" permit is required for drilling, trenching, setting up a camp and other intrusive work. There are

no known environmental liabilities and no permits have been applied for or acquired for the Property. Uranium and thorium exploration is not allowed in British Columbia. No permits are required to carry out the recommended phase 1 work program on the Property. There are no other known risks that may affect access, title or right to perform work on the Property. The Claim data is summarized in Table 1, a map showing the claims is presented in Figure 2.

Table 1: Claim Data

TitleNumber	Claim Name	Owner	TitleType	MapNumber	Issue Date	Good To Date	Status	Area (Ha)
1073677	SCARLETT	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JAN/04	2028/SEP/01	*PROTECTED	84.18
1073777	BARB	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JAN/09	2028/SEP/01	PROTECTED	63.14
1073803	KRISTIAN	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JAN/10	2028/SEP/01	PROTECTED	42.09
1076794	SCARLETTEXTENSION	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUN/16	2028/SEP/01	PROTECTED	105.22
1079326	SCARLETT 6	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/OCT/30	2021/OCT/30	PROTECTED	273.67
1077638	SCARLETT 5	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUL/28	2028/SEP/01	PROTECTED	168.36
1077675	SCARLETT 4	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUL/30	2028/SEP/01	PROTECTED	84.2
1077676	SCARLETT 3	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUL/30	2028/SEP/01	PROTECTED	147.3
1077677	SCARLETT 2	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUL/30	2028/SEP/01	PROTECTED	126.29
1077678	SCARLETT 1	INFINITIDRILLINGCORPORATION,(287680) (100%)	MineralClaim	092G	2020/JUL/30	2028/SEP/01	PROTECTED	378.78
				TOTAL AREA (HECTARES)				1,473.23

Note: Current Owner INFINITI DRILLING CORPORATION (287680) (100%) *PROTECTED from forfeiter until December 31, 2021 due to COVID 19 situation

Figure 1: Property Location Map

Figure 2: Claim Map

Figure 3: Physiographic and Mineral Occurrences Map

5.0 ACCESS, CLIMATE, PHYSIOGRAPHY, LOCAL RESOURCES, AND INFRASTRUCTURE

5.1 Access

The Scarlett Gold Property has good year-round road access from Vancouver British Columbia via Trans-Canada highway / BC1 E, then taking highway BC 7B at Mary Hill Bypass to Dewdney Trunk Road and Stave Lake. From Stave Lake Powerhouse, driving for approximately 20 km on a gravel road along Stave Lake provides access to the Property. A network of logging roads and trails traverse the mineral claim (Figure 2).

5.2 Climate

A mild climate prevails in the Property area, with warm, dry summers and autumns, and short winters. Dry forest conditions, usually in August, occasionally elevate the forest fire hazard to extreme. This may prompt a closure of forest lands which usually occur during the periods between July and October. Average temperature in summer is: high 23 deg C; low 12 deg C during the months of July and August, and average temperature in winter is: high 6 deg C; low 1 deg C during the months of December and January. Average annual precipitation is 997 mm (39 inches), and annual hours of sunshine are 1845 hours. Generally, exploration work can be performed throughout the year except for a few days of exceptional heavy snow which can restrict access to the Property.

5.3 Physiography

Elevations of the Scarlett Gold mineral claims range from 280 to 400 metres above sea level. Most of the Property area has gentle to moderate topography. Most of the area has been logged and is in various stages of regrowth with cedar, fir, alder and maple trees. The bush varies from dense second growth to clear-cut areas. Traverses on foot are difficult over much of the area due to thick bush and need trail cutting to carry out soil sampling and ground geophysics along a grid.

5.4 Local Resources and Infrastructure

The Property has excellent infrastructure support, located near the Vancouver Lower Mainland. Several cities of various sizes are located within half hour to just over an hour drive from the Property, including Mission, Maple Ridge, Burnaby, Surrey, Langley and Abbotsford, (Figure 4). The term "lower mainland" can have different interpretations; for some people it is equivalent to a "Greater Vancouver", while others would include everything out to Abbotsford or even Hope in the East. In this report the author has used it to describe the area from Vancouver in the west to Hope in the East, and from the American border to the South, to the town of Whistler and the Sunshine Coast to the North.

There are two main airports, Vancouver Internal Airport (YVR) and Abbottsford International Airport (YXX), and several floatplane bases. Vancouver is connected by rail, and road to rest of Canada and the USA. Vancouver port is a major hub for international trade and plays a vital economic role by connecting consumers and businesses with the global marketplace and supporting local employment. BC Hydro's Stave Lake Dam powerhouse is located about 25 kilometres from the Property and has an upgraded capacity of 90 megawatts. Vancouver has offices of hundreds of junior mining companies and a source of skilled exploration and mining workforce.

Figure 4: Map of Lower Mainland Vancouver (Source: https://wikitravel.org/en/Lower\_Mainland)

6.0 HISTORY AND PREVIOUS WORK

6.1 General History

The Fraser River Valley area in general was prospected during the 1860's gold rush which was originated from the discovery of placer gold in the Fraser River. Early reports of gold in quartz veins came from Hairsine Creek in the Stave Lake Dam area, the Ruskin dam area and the Hayward Lake area near Stave Falls. In the Alouette Lake – Stave Lake area free gold was known to occur in quartz veins in the early stages of the gold rush but it was not until 1938 that efforts were made to carry out some mining work and small scale production of gold in the area (AR 12915, 1984). In 1938, free gold was mined on 79 Hill near the headwaters of Seventy-nine Creek, located to the south of the Property (AR 16404, 1988) (Figure 6).

In 2009, then Property owner Chai Cha Na Mining Inc. of Mississauga, Ontario discovered two gold, silver and copper showings on the Property known as Jewelry Box and Boom Box veins shortly after the area was exposed during the construction of a logging road. Rock chip samples along the exposed outcrop were collected, logged into a database and shipped to ALS Chemex of North Vancouver for gold and multi element analysis. There was no additional follow up work conducted by this operator.

	ALS ChemexEXCELLENCE IN ANALYTICAL CHEMISTRYALS Canada Ltd.2103 Dollarton Hwy.North Vancouver BC V7H 0A7					To: CHAI CHA NA MINING INC.3045 SOUTHCREEK ROAD #11MISSISSAUGA ON L4X 2E9						Page: 2 - ATotal # Pages: 2 (A - C)Finalized Date: 19-NOV-2009Account: CHACHA
					Phone: 604 984 0221 Fax: 604 984 0218 www.alschemex.com				Project: 001
											CERTIFICATE OF ANALYSIS				VA09129182
Sample Description	MathiasAnalyteUnitsLOR	WEI-Z1Recycl Vitthtto.cu	Au-GRAZYAirport8.05	ME-ICP41Agppm0.2	ME-ICP41$\overline{M}$$\mathbf{u}$0.01	ME-ICPA1Aszioni$\overline{z}$	ME-ICP41$\ddot{\phantom{a}}$ppmw	ME (Cilia)theINDVY:10	MEJOR41theports0.5	ME-KOVetBi.pages×	ME-ICP-41Ca$\tilde{a}$0.01	ME-ICP41Ůdpom0.5	MEJCP41Coppm.٠	ME-ICPASCr.DOM۰.	ME-ICP41Cupipes٠	ME-ICP41Fe$\mathbf{u}$0.01
H540801H540802H540803H540804H540805		0.22O.R.R1.360.881.60	82.658.40.170.130.10	24.921.2840.30.2	0.333.600.752.232.20	$\overline{\phantom{a}}$$\mathbf{a}$з$\overline{\phantom{a}}$$\overline{z}$	$-10$450$-10$$+10$$+10$	2080303030	40.5$-0.5$48.5$-0.5$$+0.5$	٠٠÷$\mathbf{c}$	0.151.410.290.70	3.110.6$-0.5$1.7	6tž5n	×1412t	928023807373	1.792.871.252.79
H540806H540807H540808H540809H540610		1.142.481.221.221.82	1.4133.60.430.520.42	2819.40.60.40.3	1.590.652.942.222.50	1412ss13	515410$-10$$-10$$50 - 50$	50206050$y_0$	$-0.5$$+0.8$$-0.5$$-2.8$$+0.5$	$\triangleleft$13٠žہž	0.790.440.181.100.830.99	1.0$-0.5$148.00.80.649.5	13016044$\mathbf{a}$56	uū٠10Ħ13	34852490139S862	2.217.494.733.202.673.01
H540811H540812H540813		1.421.561.76	0.23$=0.05$$-0.05$	0.4$+0.2$0.2	1.802.612.10	$\overline{12}$ż÷	$50 - 50$41050	5013060	$-25$$+0.6$48.6	$\prec$ 2×$+2$	0.750.800.68	$-0.5$$65 - 5$$+0.5$	181112	111111	431223	279$2$ $ab$2.66
			Sample Description		MethodAnalyteUnitsLOR		WEI-21Recyd Wtkg0.02	Au-GRA21Auppm0.05	ME-ICP41	Agppm0.2
		H540801H540802H540803H540804H540805					0.220.681.360.881.60	92.658.40.170.130.10	0.40.30.2	24.921.2
		H540806H540807H540808H540809H540810					1.142.461.221.221.62	1.4133.60.430.520.42	2.819.40.60.40.3
		H540811H540812H540813					1.421.161.76	0.23< 0.05<0.05	0.450.20.2

Figure 5: 2009 ALS Chemex Rock Chip Sample Results Certificate

Figure 6: 2009 ALS Chemex Rock Chip Sample Results Map, Jewelry Box Vein Outcrop

Photo 1: 2009 ALS Chemex Rock Chip Sample Results Photo, Jewelry Box Vein Outcrop

On June 13, 2020 a crew of 4 geologists from the Longford Exploration Group conducted an initial review of the Property to establish road conditions and accessibility as well as to collect due diligence rock grab samples from both the Jewelry Box and Boom Box Veins.

Photo 3: Boom Box Vein Samples collected on June 13, 2020 by the Longford Exploration Group

The Longford Exploration Group submitted a total of 7 due diligence samples to Bureau Veritas of Vancouver, BC for gold and multi element analysis utilizing the following analytical procedures:

Procedure	Number of	Code Description	Test	Report	Lab
Code	Samples		Wgt(q)	Status
PRP70-500		Crush, split and pulverize 500g rock to 200 mesh			+1207420VAN
FS631		Metallic Sieve 500g to 150 mesh			VAN
Split +150 mesh		Analysis sample split/packet			VAN
Split -150		Analysis sample split/packet			VAN
FS631		Metallics Fire Assay for Au	30	Completed	VAN
AQ200		1:1:1 Agua Regia digestion ICP-MS analysis	0.5	Completed	VAN
FA530		Lead collection fire assay 30G fusion - Grav finish	30	Completed	VAN
AQ374		1:1:1 Agua Regia Digestion ICP-ES Finish	0.4	Completed	VAN
AQ371		1:1:1 Agua Regia Digestion ICP-ES Finish	0.1	Completed	VAN

Table 2: Longford Exploration Group Due Diligence Rock Sample Assay Procedures

Table 3: Longford Exploration Group Due Diligence Sample Assay Results

BUREAUVERITAS	MINERAL LABORATORIESCanada			Client:		460-688 West Hastings St.				Vancouver British Columbia V6B 1P1 Canada	Longford Exploration Services Ltd.
PHONE (604) 253-3158	Bureau Veritas Commodities Canada Ltd.9050 Shaughnessy St Vancouver British Columbia			Project:Report Date:		ScarlettAugust 07, 2020

	CERTIFICATE OF ANALYSIS
	Method	WGHT	M 150	FA430	FS600	FS600	FS600	AQ200	AQ200	AQ200	AQ200	AQ200
	Analyte	Wat	TotWt	Au	$+Au$	$+Wt$	TotAu	Mo	Cu	PЬ	Zn	Ag
	Unit	kg	я	ppm	ppm	я	ppm	ppm	ppm	ppm	ppm	ppm
	MDL	0.01	1	0.005	0.05	0.01	0.05	0.1	0.1	0.1	1	0.1
E5667060	Rock	1.02	464	0.024	0.08	24.87	< 0.05	0.3	8.9	7.1	77	< 0.1
E5667061	Rock	1.54	451	1.844	8.11	2748	2.23	0.9	940.8	9.2	49	2.7
E5667062	Rock	2.06	461	>10	205.90	26.97	41.25	14.5		3170.2 >10000 >10000		22.1
E5667063	Rock	1.79	452		>10 1664.06	23.40	253.86	3.8		6682.2 >10000 >10000		90.9
E5667064	Rock	2.45	497		>10 1622.47	21.85	275.16	3.2		5148.6 > 10000 > 10000		56.3
E5667065	Rock	0.48	376	>10	114.69	24.37	54.63	20	4835.1	258.0	214	18.4

7.0 GEOLOGICAL SETTING AND MINERALIZATION

7.1 Regional Geology

The Scarlett Gold claims are underlain by Coast Plutonic rocks. The coastal mountains are a part of the Fraser Belt (Kay, 1951, p. 35), one of the world's great eugeosynclines. The Fraser Belt participated in tectonic activity from late Paleozoic to the end of the Mesozoic, and possibly into the Tertiary. This activity involved sedimentation, vulcanism, regional folding, metamorphism and the development of large masses of plutonic rocks. Geological survey of Canada (GSC) geologists mapped a part of the Coast Mountain Range at 1 inch: 1 mile and 1 inch: 4-miles scales and published the data in the form of 3 maps and a detailed report (GSC Memoir 335-Roddick, 1965). Of the mountainous area covered in this report, about 80 per cent is underlain by plutonic rocks. Engulfed in these rocks are pendants consisting of sedimentary, volcanic, and metamorphic rocks. Because of their isolation in structurally complex pendants, and the lack of fossils and distinctive lithologies, the relationships between separate bodies of these rocks are extremely difficult to establish. These rocks have been mapped as individual formations but because of the limitation imposed by the mapping scale (1 in: 4miles), thick assemblages of strata have been lumped into groups as discussed below.

Twin Island Group

The Twin Islands Group probably contains the oldest rocks in the area, but its age has not been definitely established. This group comprises numerous isolated bodies of mediumto high-grade metamorphic rocks engulfed in large areas of plutonic rocks. It consists of mesozonal metamorphic rocks of volcanic and sedimentary origin. In order of decreasing abundance, the rocks composing this group are granulite, amphibolite, micaceous quartzite, phyllite, schist, and gneiss, with minor conglomerate, meta-andesite, rhyodacite, and hornfels. These rocks are commonly granitized, but as they contain rare granitic pebbles, they are not older than all the granitic rocks. Indirect evidence suggests that the Twin Islands Group is pre-Jurassic, and possibly late Paleozoic.

Bowen Island Group

Also thought to be pre-Jurassic are the altered andesitic flows and tuffs of the Bowen Island Group. The most abundant rock (possibly 75 per cent) in the group is a massive greenstone, derived apparently from tuffs and flows of calcic andesite composition. Locally it shows faint schistosity which parallels the interbedded sediments. The flows are locally amygdaloidal and porphyritic. The greenstone is normally dark grey-green and fine grained, and where least altered consists chiefly of hornblende and andesine. Although altered, most of the rocks in this group are much less metamorphosed than the Twin Islands Group and are possibly somewhat younger. Parts of the Bowen Island Group are granitized and cut by plutonic rocks. A few granitic pebbles, however, were found in this group also.

The Cultus Formation

The Cultus Formation consists mainly of blackish, salty, medium-bedded argillite with minor interbeds of shale, siltstone, fine greywacke, shaly limestone, and silicified argillite. Hillhouse (1956, p. 25) reported that a complete gradation exists between true argillite and greywacke. The greywackes consist mainly of shale and argillite fragments, with some fragments of volcanic rock, quartz, and plagioclase. Most of the argillite beds are 2 to 3 inches thick, and the greywacke beds may be as thick as 7 feet although much thinner in most places. The Cultus Formation is relatively unmetamorphosed, in sharp contrast with the highly metamorphosed rocks of Permian (and/or older) age which, outside the maparea, have been thrust over the Cultus Formation from the southeast. The Formation contains fossils of Lower and Middle(?) Jurassic age, is present only in the southeastern part of Pitt Lake map-area and is in fault contact with rocks of the Twin Islands Group.

The Harrison Lake Formation

The Harrison Lake Formation comprises a thick assemblage of porphyritic andesite and dacite. The characteristic rocks of this formation are metamorphosed, porphyritic andesite and dacite, containing phenocrysts of plagioclase and commonly of quartz. Most of these rocks fall near the dividing line between andesite and dacite. These, for convenience, are hereafter referred to as andesites. East of Pitt Lake map-area the formation contains coarse agglomerate and breccia which was not observed farther west. In Hope map-area Crickmay (1930b) found Middle Jurassic fossils in this formation. It appears to overlie unconformably rocks of the Chilliwack Group (Permian and older), and is overlain, possibly conformably, by beds containing Middle or early Upper Jurassic fossils. The Harrison Lake Formation forms several pendants in Pitt Lake map-area.

The Fire Lake Group

The Fire Lake Group consists primarily of a thick assemblage of strata of sedimentary and volcanic origin centered largely about Fire Lake in the northeastern part of Pitt Lake maparea. The group consists of three parts, the oldest of which is chiefly fine-grained, thinly bedded granulite, with minor andesite, limestone, and conglomerate. The middle part is composed chiefly of dark slate and argillite, with minor greywacke.

The upper part consists chiefly of a thick greenstone formation made up of mediumgrained plagioclase fragments in a very fine-grained, tuffaceous(?) matrix, chlorite schist, and minor conglomerate, quartzite, and greywacke. Fossils found in this group indicate that it is Upper Jurassic to Lower Cretaceous. Granitic debris is more common in this group than in any of the preceding units, but it is also cut and altered by plutonic rock. The group seems to be equivalent to the Gambier Group to the west.

The Gambier Group

The Gambier Group appears to lie unconformably on plutonic rocks in the Howe Sound area. The unconformity is marked by a coarse basal conglomerate bearing numerous granitic cobbles, and seems to be nearly vertical on Gambier Island, and dips gently to the

southeast on Mount Seymour. The group can be roughly divided into three units, but at no place in the area mapped are all units well exposed, although most of the group appears to be present in the Brunswick Mountain area and on Gambier Island. The best exposed section of the Gambier Group is on Brunswick Mountain, but is not very satisfactory, owing to discontinuous outcrops and possible structural complexity. Nevertheless, this section is the best known and its subdivisions are as follows: the oldest unit comprises andesitic flows (commonly porphyritic) and pyroclastic rocks; bottom not exposed, but at nearby Alberta Bay these rocks grade into coarse breccias and conglomerate containing granitic debris. The middle unit is composed mainly of dark argillite and slate with some interbedded fine-grained quartzite, grey arkose and quartzite, and dark fractured slates. The upper unit is composed of interbedded andesites and slaty tuffs (top not present). The group has undergone low temperature hydrothermal alteration and in places has been more severely altered by later granitic rock.

The Helm Formation

The Helm Formation, present only in the northwest corner of Pitt Lake map-area, consists of sedimentary strata, the upper part of which have been granitized. The Helm Formation is so named from its exposures on the southwestern, southern, and eastern margins of Helm Glacier. This formation underlies a total area of about 6 square miles of which about 25 per cent is concealed beneath ice of Quaternary volcanic rocks. The succession of sediments from Panorama Ridge on the southwest to the slopes above Cheakamus Lake on the northeast can be subdivided into 5 more or less distinct members. The lowest member, fully exposed on the south face and west end of Panorama Ridge, is made up almost exclusively of arenaceous sedimentary rocks: bluish-gray argillaceous quartzites and less common pale greenish greywackes predominate, conglomerates, containing granitic fragments, and argillites occur in a few widely scattered beds. The second member, present but rather poorly exposed on and near the eastern end of Panorama Ridge, consists of massive argillaceous quartzites and slaty argillites. Most of the third member is concealed by the eastern part of Helm Glacier, but limited exposures occur near both source and terminus of this body of ice. At the base, near the eastern tongue of Helm Glacier, a zone of conglomerate and quartzite rests with a sharp but apparently conformable contact on the underlying argillites of the second member; the corresponding beds, 1.5 miles (2.4 km) southeast, are quartzites and calcareous sandstones. The middle part of the succession consists of coarse sandstone characterized by grains of both clear and bluish-opalescent quartz and by abundant dark minerals, overlain by pale-greyish-brown calcareous sandstone and sandy limestone. In the upper part of the member, made up chiefly of dark argillaceous quartzite, slaty argillite is conspicuous. The fourth member consists predominantly of stratified argillite with minor quartzite. Rocks still higher in the succession, exposed north and northeast of Corrie Peak, have been dynamically metamorphosed, and their original character is uncertain. They now consist of amphibole and amphibole-biotite gneisses containing abundant quartz and plagioclase.

Roddick has examined several associated, similarly deformed formations contain Upper Cretaceous fossils, leading him to the belief that the Helm Formation is also about that age. Continental sediments mainly of Eocene age unconformably overlie granitic rocks along the southern front of the mountainous area. Associated with them are several basalt flows or sills.

In the Mount Garibaldi area Quaternary volcanism has built mountain peaks on the already high standing granitic terrane, and obstructed drainage in some of the valleys. Much of this volcanism seems to have taken place during the Pleistocene, but some is post-glacial.

About 80 per cent of the bedrock in the report area is plutonic rock (including migmatite). Although the exact percentages are of little significance, the relative order of magnitude may be true for the plutonic rocks throughout much of the· Coast Mountains. The most abundant single type is without question a quartz diorite containing more hornblende than biotite. This type forms from 25 to 30 per cent of all the plutonic rock in the maparea. The next most abundant single type is biotite>hornblende quartz diorite, which constitutes about 20 per cent of the plutonic rock. Hornblende diorite, gabbro, and migmatite amount to about 24 per cent of Pitt Lake map-area and only about 18 per cent of the Vancouver North Coquitlam areas. The disparity reflects the large migmatitic zone in the northern part of Pitt Lake map-area, and a more generally valid figure would probably fall between 15 and 20 per cent.

Figure 7: Regional Geological Map

7.2 Property Geology

These claims are located near the upper Stave River about 25 kilometres from the head of Stave Lake. The foliated quartz diorite / tonalite of this area contains veins of quartz. Pods of molybdenite are scattered irregularly in the quartz. Selected samples are reported to have yielded 1 to 2 percent molybdenum (GSC 335). Throughout the area are numerous cappings of Mesozoic to Cenozoic Sedimentary rocks, the majority of which are probably roof pendants. The lithologies range from sandstone, shale and/or conglomerate with minor tuffs. The rocks of Coast plutonic Intrusives range in composition from granite to migmatite with inclusions of older sedimentary rocks and greenstone.

The Stave Lake Pendent as described by Roddick (GSC Memoir 335, pp 21-22) is the most pronounced geological feature exposed intermittently over a distance of approximately two miles (3.2 km) along the eastern shore of Stave Lake. It contains many areas of plutonic rocks and could perhaps be termed a migmatitic zone rather than a pendant. Exposures of these rocks are restricted to shore cliffs, as the terrain, after rising sharply from the lake to about 2,000 feet (610 m), levels off into a low-relief surface covered by glacial drift and a heavy forest. Consequently, the eastern limits of the Stave Lake pendant are not accurately known. The lake-shore exposures reveal a light-coloured, massive, granulitic-textured porphyry which grades into complex migmatitic zones containing much hornblende quartz diorite and hornblende diorite. In its less altered form, the porphyry is composed of very fine-grained quartz and plagioclase crystals, averaging 0.02 mm in diameter and forming a granular matrix with much larger (1-4 mm) plagioclase phenocrysts. The matrix consists of considerable sericite, with magnetite and some pale green chlorite, but no other mafic minerals. Many of the plagioclase phenocrysts have been broken and the fractures filled with the fine-grained granulitic matrix material. Where more altered, the rock contains numerous irregularly shaped quartz and plagioclase porphyroblasts and a small amount of granulitic material, resulting in an extremely complex texture. Although at this stage former plagioclase phenocrysts have been destroyed, they remain roughly outlined by dense patches of sericite. Megascopically this rock has a plutonic appearance while still far from that stage microscopically.

The Scarlett Gold claims lie in the northern portion of the area between Alouette lake and Stave lake. The rocks underlying this area belong to Coast mountain intrusives as mapped by GSC geologist J.A. Roddick (GSC Memoir 335-Roddick, 1965) at 1 inch: 4 miles scale. The northern part has been mapped as Quartz Diorite having greater amounts of hornblende than biotite. The southern part which is located south of the Property claims has been mapped as Diorites in which hornblende is the only mafic mineral. The mediumgrained quartz diorite contains about 10% mafic minerals like hornblende and biotite: hornblende being more abundant than biotite. The rocks have been subjected to shearing

with accompanying fracturing. Facture filling silicification, and quartz veining in shear zones are common.

7.3 Mineralization

The foliated quartz diorite of the Scarlett Gold Property area contains veins of quartz with subordinate amounts of sphalerite, pyrite, galena, chalcopyrite, and bornite all of which filled in the interstices of variably fractured and brittlely deformed quartz crystals. Petrographic studies show that alteration is in the form of weak to strong white mica, epidote and chlorite. In the strongly altered rock, anhedral medium-grained crystals of quartz are associated with irregularly shaped replacement patches of white mica, chlorite, biotite, amphibole, epidote, and rutile. Subordinate and heterogeneously dispersed crystals of plagioclase are intergrown with the quartz. It should be noted that depth, width, and continuity of mineralization encountered to date is not currently known.

Photo 4: Quartz veining and structures within tonalite (August 2020 Property visit)

Photo 5: Photo of a sawn, in situ, grab sample of the Jewelry Box Vein

Photo 6: Photo of a sawn, in situ, grab sample of the Boom Box Vein

Figure 8: Local Geology Map

8.0 DEPOSIT TYPES AND MODELS

8.1 Porphyry Copper-Gold Deposits

Porphyry deposits are large, low to medium grade deposits in which primary minerals are dominantly structurally controlled and which are spatially and genetically related to felsic to intermediate porphyritic intrusions (Sinclair, 2007). Their formation is related to magma emplacement at relatively high levels in the crust, where the circulation of hydrothermal fluids facilitates scavenging, mobilizing and deposition of metals.

Porphyry copper systems are defined as large volumes of hydrothermally altered rock centered on porphyry copper stocks that may also contain skarn, carbonate-replacement, sediment-hosted, and high and intermediate sulphidation epithermal base and precious metal mineralization (Sillitoe, 2010).

8.1.1 Importance

Porphyry copper deposits account for approximately two-thirds of global copper production and more than 95% of world molybdenum production. Porphyry deposits are also major sources of gold, silver, and tin; significant byproducts include Re, W, Pd, Te and Se.

8.1.2 Geographic Distribution

Porphyry deposits occur throughout the world in a series of extensive, relatively narrow, linear metallogenic provinces. They are predominantly associated with Mesozoic to Cenozoic orogenic belts in western North and South America, around the western margin of the Pacific Basin, and in the Tethyan orogenic belt in eastern Europe and southern Asia. However, major deposits also occur within Paleozoic orogens in Central Asia and eastern North America and, to a lesser extent, within Precambrian terranes (Sinclair, 2007).

8.1.3 Geographic Distribution within British Columbia

Late Triassic to Early Jurassic Cu-Au and Cu-Mo porphyry deposits of the Stikine and Quesnel terranes are collectively the most important group of deposits in British Columbia (Nelson and Colpron, 2007). They include such long-time producers as Highland Valley, Gibraltar, Copper Mountain, Brenda, and Afton; projects such as Mt. Milligan, red Chris, Schaft Creek, Brucejack, and Kerr-Sulphuretts-Mitchell (KSM) are all moving towards production or are currently producing. Host intrusions range from 210 Ma (Galore, Highland Valley) to 183 Ma (Mt. Milligan). The abundance of porphyry and other deposits marks Stikinia and Quesnelia as remarkably rich metallotects, comparable to the modern arc setting of Papua New Guinea.

Figure 9: Anatomy of a telescoped porphyry Cu system (Sillitoe, 2010)

8.1.4 Grade and Tonnage

Porphyry deposits are large and range in size from tens of millions to billions of tonnes. In typical porphyry Cu + Mo + Au deposits, grades range from 0.2 to 1.0% Cu, <0.01 to 0.05% Mo, and 0.0 to 1.0 g/t Au. Some porphyry deposits exhibit exceptional size along with grade such as the Grasberg deposit in Indonesia, with a resource greater than 2.5

billion tonnes grading 1.1% Cu and 1.04 g/t Au (Freeport-McMoran Copper Gold Inc., Annual Report).

8.1.5 Tectonic Setting

Porphyry Cu system are generated mainly in magmatic arc environments subjected to broadly contractional settings, marked by crustal thickening, surface uplift and rapid exhumation (Sillitoe, 2010). Porphyry Cu deposits are typically located in volcanic or subvolcanic environments in subduction-related, continental and island-arc settings.

Fault and fault intersections are invariably involved in determining the formational sites and geometries of porphyry Cu systems and their constituent parts. Some investigators emphasize the importance of intersections between continental-scale transverse fault zones and arc-parallel structures for porphyry Cu formation (Richards et al., 2001).

8.1.6 Geological Setting

Porphyry deposit occurs in close association with porphyritic epizonal and mesozonal intrusions. There is a close temporal relationship between magmatic activity and hydrothermal mineralization. Commonly located in volcanic or sub-volcanic environments, host rocks typically include volcanics, intrusives (which may or may not be coeval with country rock) and volcano-sedimentary, epiclastic and pyroclastic rocks.

The composition of intrusions associated with porphyry deposits varies widely and appears to exert a fundamental control on the metal content of the deposits. Intrusive rocks associated with porphyry Cu-Au and porphyry Au deposits tend to be low-silica, relatively mafic and primitive in composition, ranging from calc-alkaline dioritic and granodioritic plutons to alkalic monzonitic rocks. Porphyry Cu and Cu-Mo deposits are associated with intermediate to felsic, calc-alkaline intrusive rocks ranging from granodiorite to granite in composition (Richards, 1990).

8.1.7 Alteration

Hydrothermal alteration is extensive and typically zoned on a deposit scale as well as around individual veins and fractures. Alteration zones on a deposit scale commonly consist of an inner potassic + sodic core characterized by K-feldspar and / or biotite (+ amphibole + magnetite + anhydrite), and an outer, more extensive zone of propylitic alteration that consists of quartz, chlorite, epidote, calcite and locally, albite associated with pyrite. Zones of phyllic (quartz + sericite + pyrite) and argillic alteration (quartz + illite + pyrite + kaolinite + montmorillonite + calcite) may be a part of the zonal pattern between the potassic and propylitic zones, or can be irregular or tabular, younger zones superimposed on older alteration and sulphide assemblages (Moyle et al., 1990).

Alteration mineralogy is controlled in part by the composition of the host rocks, and by the composition of the mineralizing system. In mafic host rocks with significant iron and magnesium, biotite is the dominant alteration mineral in the potassic alteration zone, whereas K-feldspar dominates in more felsic rocks (Sinclair, 2007). In more oxidizing environments, minerals such as pyrite, magnetite (+ hematite), and anhydrite are common, whereas pyrrhotite is present in more reduced environments (Rowins, 2000).

8.1.8 Structure and Mineralization Styles

As mentioned above, faults and fault intersections are invariably involved in determining the formation and geometry of the porphyry Cu systems. At a deposit scale, associated structures can result in a variety of mineralization styles, including veins, vein sets, stockworks, fractures, "crackle zones", and breccia pipes. Orientations of mineralized structures can be related to local stress environments around the tops of plutons or can reflect regional stress conditions.

8.1.9 Mineralogy

The mineralogy of porphyry deposits is highly varied, although pyrite is typically the dominant sulphide mineral in porphyry Cu + Mo + Au deposits. Principal minerals are chalcopyrite, bornite, chalcocite, tennantite, enargite, and other Cu sulphides and sulphosalts, molybdenite and electrum; associated minerals include pyrite, magnetite, quartz, biotite, K-feldspar, anhydrite, muscovite, clay minerals, epidote, and chlorite. In conclusion, gold-base metal vein mineralization can be indicative or associated with porphyry deposits.

8.1.10 Morphology and Architecture

The overall geometry of individual porphyry deposits is highly varied and includes irregular, ovoid, pipe-like, or cylindrical shapes, which may or may not be "hollow". Ore bodies are zoned, with often barren cores and crudely concentric metal zones, and may occur separately or overprint one another, vertically and laterally. Complex, irregular ore and alteration patterns arise from overprinting episodes of zoned mineralization and alteration of different ages.

8.1.11 Genetic Model

Porphyry Cu systems typically span the upper 4 km or so of the crust, with their centrally located stocks being connected downward to parental magma chambers at depths of perhaps 5 to 15 km. The water-rich parental magma chambers are the source of the heat and hydrothermal fluids throughout the development of the system. Large, poly-phase hydrothermal systems developed within and above genetically related intrusions are formed and are often long-lived.

Convection of hydrothermal fluids throughout the country rock and intruding stocks results in a focusing of metals along conduits and within permeability networks where hydro-fracturing has taken place. Effective scavenging of metals is facilitated by "organized" hydrothermal systems in a state of convection, while efficient metal deposition is enhanced by pore-fluid over-pressurization resulting in catastrophic failure and rapid remobilization and de-pressurization of metalliferous hydrothermal fluids.

8.1.12 Porphyry Copper Subtypes

8.1.12.1 Alkalic Copper-Gold Porphyry

Alkalic Cu-Au porphyry deposits are known in only a few mineral provinces worldwide, with British Columbia being the type are for such deposits (Chamberlain et al. 2006). Relatively unique, alkalic porphyry deposits are an especially Au-rich variety of porphyry deposits that still maintain good copper grades. Alkalic Cu-Au porphyry deposits differ from Cu or Cu-Mo dominant porphyry deposits in the following ways:

8.1.12.2 Tonnage and Grade

Tonnages of alkalic porphyry deposits are generally less than their Cu + Mo counterparts, while grades can be significantly higher, especially Au tenors. The Grasberg deposit, in Indonesia, with a resource of greater than 2.5 billion tonnes grading 1.1% Cu and 1.04 g/t Au (Freeport-McMoran Copper and Gold Inc., annual report 2000), indicates that this deposit type can contain major Au as well as Cu resources. Mineralization related to alkaline magmatism in arc terrains includes a disproportionately large share of the world's giant gold deposits when the small volume of alkaline relative to calc-alkaline rocks is taken into account (Sillitoe, 2006).

8.1.12.3 Alteration

Alkalic porphyry deposits have smaller and more cryptic alteration footprints (Figure 8.3). On the deposit scale, phyllic alteration is typically restricted to fault zones that penetrate late in the hydrothermal system. Furthermore, alkalic deposits lack advanced argillic alteration in most cases (Chamberlain et. al., 2006).

8.1.12.4 Tectonic and Geological Setting

Porphyry deposits associated with alkaline intrusions typically form in an island-arc setting, possibly during periods of extension. Geological compositions vary between silica-saturated (diorite and monzonite) or silica-undersaturated (pyroxenite and syenite) complexes (Chamberlain et. Al., 2006). The volcano-plutonic suites are generally considered more primitive and less felsic than those associated with Cu + Mo porphyry deposits.

8.1.12.5 Architecture

Alkalic systems often consist of numerous discrete bodies that can exhibit complex and variable geometries, from high-level breccia-hosted bodies (Mt. Polley) to deeper level intrusive-centered sulphide accumulations (Mt. Milligan or Lorrainne). Orebody geometries commonly mimic associated pipe-like intrusions (Deyell and Tosdal, 2004).

8.1.13 Telescoped Intrusion Centered Ore Deposits

Telescoping is the process of juxtaposing or overprinting early, deep mineralization, commonly of the porphyry type, and late, shallow, generally epithermal styles of precious and base-metal mineralization. Telescoping is attributed to synhydrothermal degradation of volcanic paleosurfaces, as a result of either rapid erosion under pluvial conditions or sector (and, less probably, caldera) collapse of the volcanic edifices. Paleosurfaces may be lowered easily by 1 km during the total life spans of hydrothermal systems, leading to the vertical compression of any contained ore deposits by at least 1 km.

Sector collapse may be triggered by volcanic tumescence (Sillitoe, 1994) due to synmineralization intrusion, and it may be facilitated by hydrothermal weakening of volcanic edifices. Sector collapse causes extensive ingress of meteoric and or ocean water to the magmatic environment and a decrease in confining pressure. The latter may induce hydrothermal brecciation, boiling and possible epithermal gold precipitation, and even accelerated efflux of magmatic fluids.

Telescoped systems (Figures 12 & 13) are believed to possess greater potential for the existence of both porphyry-type deposits at shallower than normal depths and giant ore deposits (Sillitoe, 1994).

8.1.14 Exploration Models

8.1.14.1 Geophysical Targeting

Several geophysical techniques can be effectively utilized while exploring for porphyry Cu + Mo + Au deposits. Most notably, magnetic, electromagnetic and Induced Polarization surveys are considered highly effective tools for detection of characteristic anomalies.

At a regional scale, airborne magnetic surveys are useful for mapping out the geological framework and for identifying magmatic arcs and their constituent elements. At a local scale, both airborne and ground magnetic surveys can be effective at targeting intrusions and associated mineral deposits. Primary magnetite typically forms as an accessory mineral within intrusive bodies, and secondary magnetite may result from hydrothermal alteration and or hornfelsing. It should be noted, however, that some deposits are characterized by magnetic lows due to the destruction of magnetite in phyllic alteration zones (Sinclair, 2007).

Electromagnetic airborne and ground surveys can be effective at delineating resistive, porphyritic intrusions as well as associated alteration halos. In the search for porphyry deposits, large circular or ovate resistivity highs are considered to be sources of potential interest (Lane, 2007b, AR#29339). A circular-like high resistivity anomaly directly coincides with the Mt. Milligan porphyry and might therefore reflect the potassic halo (Devine, 2012; Geotech Ltd., 2009).

At a local scale, ground Induced Polarization surveys have proved to be the most effective at detecting metalliferous bodies. At Copper Mountain, this technique was responsible for the discovery or extension of several new zones, with resulting chargeability anomalies having a shape that generally corresponds with the known shape of the ore bodies (Stanley et al., 1995).

Figure 11: Generalized alteration and mineralization zoning associated with alkalic systems in British Columbia (Wilson et al., 2003)

8.1.14.2 Geological Targeting

The presence of glacial cover in across large portions of BC make direct observation of alteration patterns in outcrop challenging. In these areas, local scale geological mapping is of limited effectiveness. At a regional scale, however, regional mapping can be useful at narrowing in on the prospective terranes and their constituent lithologies. And inferences can be made when used in conjunction with geophysical data.

8.1.14.3 Geochemical Targeting

At a local scale, soil geochemistry can be utilized as a means of direct detection of metalliferous bodies, though its effectiveness is invariably related to the presence and thickness of cover and or soils. New techniques in sampling and analysis have allowed for detection of buried deposits. By lowering thresholds with partial extractions of selectively sampled soil components, soil geochemistry can be effective in detecting porphyry Cu mineralization through transported glacial overburden of up to 100's of metres (Heberlein et al., 2010).

8.1.14.4 Geological Discussion

The distribution of base-metal sulphides in the Property area is reflected by that of the most common member, pyrite. The maximum concentrations are found in the pregranitic rocks near or in contact with, biotite-rich plutonic rock. In plutonic rock, pyrite is largely concentrated in hornblende diorite and to a lesser degree in hornblende-rich quartz diorite. It is rare in the more highly evolved (low mafic mineral content but biotite dominant) plutonic rock.

GSC geologist J.A. Roddick (GSC Memoir 335-Roddick, 1965) has suggested that the most likely sites for sulphide deposits seem to be those that combine to the maximum extent the following features: (1) a highly evolved plutonic rock, particularly one rich in quartz, such as biotite granodiorite; (2) a sulphur-bearing, permeable host rock; (3) structures that increase or localize permeability.

He further mentions that, "The plutonic rock that best meets these requirements will be a rock that has evolved from the quartz stage onward, after reaching (by faulting or intrusion) the vicinity of the host rock. The main problem is to determine if a plutonic rock that is highly evolved passed through the quartz and K-feldspar stages while in its present position with respect to the prospective host rock. An abundance of quartz veins and silicification in the contact areas is the best evidence that the plutonic rock was emplaced at about the right time for producing an ore deposit".

Let us look at the 3 conditions, favorable for the sulphide formation, one by one with respect to the area under study. (1) Presence of highly evolved Quartz rich plutonic rock: the area is underlain by such rocks mapped as Quartz Diorites by Roddick and identified as tonalites by the petrographic study report discussed in Section 9 of this report. (2) Presence of sulphur bearing host rock: although the source of sulphur is not known but the very presence of minerals like pyrite, sphalerite, chalco-pyrite, and galena shows that a sulphur bearing host rock was present at the time of emplacement of the plutonic rock. (3) Presence of suitable geological structure to increase permeability: the area is sheared and fractured.

The presence of silicification and abundant quartz veins in shear zones and fractures shows that the plutonic rock was evolved in the vicinity of the host rock and was emplaced at about the right time for producing a sulphide ore deposit.

Of course, many factors other than temperature are involved in mineral deposition. Composition of the wall rock, structure, permeability and pressure are obviously such factors, but composition of the ore-bearing fluids and such derivatives as partial concentrations, pH values, effectiveness of buffering and complexing components, etc., which directly affect mineral stability, are themselves largely dependent on temperature. The tentative and simplified outline of the process, which follows, has been divided into four parts: (1) establishment of an integrated fluid phase; (2) movement of 'ore' elements; (3) deposition; (4) evolution and survival of the deposit.

9.0 EXPLORATION

In August 2020, New Target Mining Corp. contracted Kristian Whitehead, P.Geo. of Infiniti Drilling Corporation to complete exploration work on the Property which included prospecting, mapping and rock chip sampling; soil geochemistry survey grid, channel sampling of the Jewelry and Boom Box vein occurrences. Additionally, petrographic and bulk sample metallurgical analysis was conducted specifically on the Jewelry Box vein material. The historical work reported on the Property was carried out as part of a larger exploration program by various operators and is discussed in Section 6 of this report.

9.1 Soil Sampling Geochemistry

During August 22nd through 31st, 2020, a soil sampling campaign was conducted on the Property with a focus on the northwestern portion of the Property. Sampling was conducted by a crew of 7 geologists which collected a total of 232 samples which were collected using an oriented grid which spaced sample locations by 50 metres both on an east-west and north south direction. Sampling was focused on the collection of approximately 500 grams of soil material derived from the B Horizon.

Upon the completion of the field sampling program soil samples were sorted, placed in rice bags and submitted to ALS Minerals located in North Vancouver an ISO Certified Laboratory for subsequent assay analysis for gold and multi-elements. The following assay processes were employed for each soil sample by ALS Minerals

PREP-41 – Preparation package for soils/sediments

ME-MS61L – Four acid soil package (Super Trace Lowest DL 4A by ICP-MS)

Au-OG43 – Ore Grade Au 25 gram

Figure 13: August 2020 Soil Sample Location Map

Figure 14: Gold, Au in Soils Sample Map

Figure 15: Silver, Ag in Soils Sample Map

Figure 16: Copper, Cu in Soils Sample Map

Figure 17: Zinc, Zn in Soils Sample Map

Figure 18: Lead, Pb in Soils Sample Map

Figure 19: Arsenic, As in Soils Sample Map

Figure 20: Tellurium, Te in Soils Sample Map

9.1.1 Results Discussion and Recommendations

Soil sample results yielded a multi-element anomalous coincident target in the southern limit of the August 2020 soil grid. Coincident anomalous copper, zinc, arsenic and tellurium results from the southern portion of the property suggest the presence of a buried target, potentially a porphyry copper – gold target, at depth. Due to the limited sampling conducted within this specific area additional sampling that expands this area to potentially constrain this anomaly is warranted. Additionally, follow up outcrop mapping and rock sampling in this immediate area is necessary to aid in explanation of such anomalous soil results.

9.2 Rock Outcrop Chip Sampling and Mapping

During the August 2020 soil sampling campaign, a coincident rock sampling and mapping program was also conducted on the property with a similar exploration focus on the northwestern portion of the property. Rock chip samples were collected by the same crew of geologists whilst traversing the soil location grid pattern. This coincident rock sampling program made good use of the methodical coverage of the property seeking any available outcrop to utilize towards rock sampling and geological mapping efforts.

A total of 45 rock chip samples were collected from rock outcropping locations encountered within the limits of the soil sampling grid. Samples were collected as representatively as possible with location and geological attributes recorded for future use. Upon completion of the program the rock samples were appropriately prepared and delivered to the Bureau Veritas laboratory of Richmond, British Columbia for analysis of gold and multi-elements.

9.2.1 Outcrop Rock Chip Sampling Geochemistry

Assay analysis for the rock samples were conducted utilizing one of two methods for gold analysis. Samples that demonstrated high sulfide content were specifically selected to have a screen metallic assay analysis for gold with the remaining samples been assayed for gold utilizing a more conventional 30-gram gravimetric fire assay. All chip channel samples were assayed utilizing Bureau Veritas laboratory of Richmond, British Columbia for assay analysis for gold and multi-elements. The following below assay processes were employed.

PRP70-500 – Crush and Pulverize, 500 grams

FA530-Au – 30-gram, Gravimetric Fire Assay

FS652-Au – Metallic Fire Assay with duplicate 50 gram minus fractions

MA370 – 0.5 gram, 4 Acid Digestion ICP-ES Finish

Figure 21: August 2020 Rock Outcrop Chip Sample Location Map

Table 4: Outcrop Rock Chip Sample Assay Highlights

Sample_ID	Type	Au_ppm	Cu_%	Pb_%	Zn_%	Ag_ppm
V083255	Outcrop, Rock	19.90	0.107	0.01	0.15	3.00
V083414	Outcrop, Rock	13.70	0.022	0.01	0.01	3.00
V083259	Outcrop, Rock	5.30	0.001	0.01	0.01	3.00
V083354	Outcrop, Rock	1.48	0.318	0.01	0.01	7.00
V083252	Outcrop, Rock	1.32	1.534	0.01	0.01	15.00
V083262	Outcrop, Rock	0.73	0.006	0.01	0.01	1.00
V083261	Outcrop, Rock	0.71	0.001	0.01	0.01	1.00
V083424	Outcrop, Rock	0.66	0.320	0.01	0.01	7.00
V083265	Outcrop, Rock	0.53	0.001	0.01	0.01	1.00
V083355	Outcrop, Rock	0.37	0.027	0.01	0.01	1.00
V083421	Outcrop, Rock	0.26	0.001	0.01	0.01	1.00
V083418	Outcrop, Rock	0.25	0.244	0.01	0.02	5.00

Figure 22: August 2020 Rock Outcrop Chip Sample Au and Cu Results Map

9.2.2 Outcrop Rock Chip Sampling Results Discussion

Several highly anomalous rock samples were collected through various locations throughout the sampling grid. Follow up work to determine additional features associated with each sample is warranted. Such attributes to be determined include: potassic alteration levels, structural attributes, and prospecting for other proximal outcrop. The relative abundance of samples yielding anomalous gold, silver and copper values throughout the program area demonstrates the robust nature of contributing source and further validates the postulation that the mineralizing system is much larger than a few isolated mineralized gold-base metal quartz veins. These results provide greater credence to the porphyry copper gold source model and justifies additional follow up exploration.

9.3 Jewelry Box and Boom Box Outcrop Channel Sampling

During the August 2020 exploration work program, a coincident chip channel rock sampling program was conducted on exposed outcropping areas which included the Jewelry and Boom Box Veins. Sampling carefully partitioned individual samples along the outcrop with specific delineated widths with individual veins isolated within their specific sample widths. This method of sampling allowed for the determination of the individual

vein contribution of the grades along the width of the outcrop. The results of the outcrop channel sampling are presented in the table below.

Hole ID	Sample ID	From (m)	To (m)	Width (m)	Au ppm	Cu %
Jewlery Box Zone	S194903	0.00	1.00	1.00	0.05	0.002
Jewlery Box Zone	S194904	1.00	2.00	1.00	0.05	0.004
Jewlery Box Zone	S194905	2.60	2.67	0.07	0.32	0.017
Jewlery Box Zone	S194906	2.00	3.00	1.00	0.05	0.007
Jewlery Box Zone	S194907	3.00	4.00	1.00	0.05	0.003
Jewlery Box Zone	S194908	3.30	3.45	0.15	0.05	0.018
Jewlery Box Zone	S194909	4.00	5.00	1.00	0.03	0.002
Jewlery Box Zone	S194910	4.15	4.18	0.03	0.75	0.005
Jewlery Box Zone	S194911	5.00	6.00	1.00	0.05	0.001
Jewlery Box Zone	S194912	6.00	6.50	0.50	0.40	0.005
Jewlery Box Zone	S194913	6.50	7.20	0.70	50.94	0.383
Jewlery Box Zone	S194914	7.20	8.00	0.80	0.05	0.007
Jewlery Box Zone	S194915	8.00	9.00	1.00	0.05	0.008
Jewlery Box Zone	S194916	9.00	9.60	0.60	0.05	0.004

Table 5: Jewelry Box Zone Outcrop Channel Sample Zone

Grade Width		From (m)	To (m)	Width (m)	Au g/t
SignificantIntersection		2.60	7.20	4.60	7.84
	Including	4.15	7.20	3.05	11.78

Figure 23: Jewelry Box Outcrop Channel Sample Zone

Hole ID	Sample ID	From (m)	To (m)	Width (m)	Au ppm	Cu %
Boom Box Zone	S195401	0.00	1.00	1.00	0.05	0.004
Boom Box Zone	S195402	1.00	2.00	1.00	0.05	0.021
Boom Box Zone	S195403	2.00	3.00	1.00	0.05	0.003
Boom Box Zone	S195404	3.00	4.00	1.00	0.05	0.012
Boom Box Zone	S195405	4.00	5.00	1.00	0.05	0.020
Boom Box Zone	S195406	5.00	6.00	1.00	0.05	0.014
Boom Box Zone	S195407	6.00	7.00	1.00	0.10	0.009
Boom Box Zone	S195408	7.00	8.00	1.00	0.05	0.002
Boom Box Zone	S195409	8.00	9.00	1.00	0.05	0.001
Boom Box Zone	S195410	9.00	10.00	1.00	0.05	0.005
Boom Box Zone	S195411	10.00	10.20	0.20	14.68	0.004
Boom Box Zone	S195412	10.20	11.00	0.80	0.05	0.009
Boom Box Zone	S195413	11.00	12.00	1.00	0.08	0.014
Boom Box Zone	S195414	12.00	13.00	1.00	33.52	0.037
Boom Box Zone	S195415	13.00	14.00	1.00	2.10	0.008
Boom Box Zone	S195416	14.00	15.00	1.00	0.05	0.001
Boom Box Zone	S195417	15.00	16.00	1.00	0.05	0.005
Boom Box Zone	S195418	16.00	16.90	0.90	0.05	0.001
Boom Box Zone	S195421	16.90	17.10	0.20	17.09	0.007
Boom Box Zone	S195419	17.10	18.00	0.90	0.05	0.002
Boom Box Zone	S195420	18.00	19.00	1.00	0.05	0.003
Boom Box Zone	S195422	19.00	20.00	1.00	0.05	0.003
Boom Box Zone	S195423	20.00	21.00	1.00	0.05	0.009
Boom Box Zone	S195424	21.00	22.00	1.00	0.05	0.004
Boom Box Zone	S195425	22.00	23.00	1.00	0.05	0.001
Boom Box Zone	S195426	23.00	24.00	1.00	0.05	0.001
Boom Box Zone	S195427	24.00	25.00	1.00	0.05	0.001
Boom Box Zone	S195428	25.00	26.00	1.00	0.05	0.002
Boom Box Zone	S195429	26.00	27.00	1.00	0.05	0.002
Boom Box Zone	S195430	27.00	28.00	1.00	0.27	0.005
Boom Box Zone	S195431	28.00	29.00	1.00	0.05	0.004
Grade Width		From (m)	To (m)	Width (m)	Au g/t
SignificantIntersection		6.00	17.10	11.10	3.82
	Including	10.00	14.00	4.00	9.67

Figure 24: Boom Box Vein Outcrop Channel Sample Zone

9.3.2 Outcrop Channel Sample Results Discussion

The rock chip channel work program sampled along the outcrop a variety of smaller veins and veinlets exposed on both the hanging and fall wall locations of both the Jewelry Box and Boom Box Veins yielding anomalous gold, silver and copper results. Several of these smaller veins and veinlets sampled had differing vein orientations of strike to the Jewelry Box and Boom Box Veins however were typically vertical to near vertical in their dip. Sampling of sections where no veins or veinlets were visible yielded weak to no anomalous values demonstrating mineralization is typically constrained to the veins and veinlets.

The multiple orientations of vertical to near vertical gold-base metal mineralized veining is suggestive of multiple mineralizing events from depth. Such vein types can be associated with porphyry copper gold models located within the pyrite or propyllitic halo.

9.4 Petrographic Studies

In August 2020, a total of twelve samples were selected for petrographic studies collected from the Jewelry Box and Boom Box vein showings of the Scarlett Gold Property. The study was carried out by Fabrizio Colombo, Ph.D., P.Geo. of Ultra Petrography and

Geoscience Inc. of Vancouver, BC. The scope of work was: (i) the petrographic rock classification; (ii) a brief microstructural description; (iii) the modal percentage and average grain size for each mineral; and (iv) a detailed description of the minerals in decreasing order of abundance.

Photo 7: Sulphide mineralization in Jewelry Box Vein (Aug 2020 Property visit photo)

Samples were cut and prepared as ~20 × 40 mm polished thin sections and were analyzed with a petrographic microscope under polarized transmitted and polarized reflected light.

In some cases (e.g., Samples 1, 2, and 3), the descriptions were merged due to the similarity of the thin sections. The magnetic susceptibility was measured with a hand-held

KT Magnetic Susceptibility tool and is intended to provide only an approximate estimate of the relative content of magnetic minerals within each sample.

Samples 1, 2 and 3:

Sample 1, 2 and 3—Gold-bearing quartz-sphalerite-galena-pyrite chalcopyrite vein-Quartz is the most abundant silicate and hosts subordinate amounts of sphalerite, pyrite, galena, and chalcopyrite, all of which filled in the interstices of variably fractured and brittlely deformed quartz crystals. Very fine-grained particles of gold precipitated along the boundaries between the sphalerite and chalcopyrite, between the sphalerite and the galena. Gold also occurs as an inclusion within the pyrite, along the boundary between the pyrite and the quartz, and within the fractures of the quartz.

Sample 4:

Scarlett Vein 1 - White mica-biotite-epidote-altered tonalite—Subhedral to euhedral crystals of plagioclase are moderately altered by very fine-grained white mica and subordinate epidote and are associated with anhedral crystals of quartz and lamellae of biotite and lesser hornblende. The mid- and upper part of the section shows an isotropic microstructure, while in the lower part, the biotite lamellae, the plagioclase, and the quartz show a preferred dimensional orientation defining a weak foliation in the granular microstructure.

Alteration: white mica: weak to strong after plagioclase in the upper part; intense in after plagioclase in the lower part; epidote: subtle to weak after plagioclase and biotite; biotite II: weak to strong after biotite I and hornblende; chlorite: weak after biotite.

Sample 5:

Scarlett Vein 2 - Biotite-white mica-tremolite/actinolite-chlorite-epidote altered hypabyssal rock(?) & Quartz filling domain—An irregular and quartz rich infill domain crosscut a strongly altered intrusive rock showing microstructural similarities with the less altered rock described as Samples 4 and 7. In the strongly altered rock, anhedral mediumgrained crystals of quartz are associated with irregularly shaped replacement patches of white mica, chlorite, biotite, amphibole, epidote, and rutile. Subordinate and heterogeneously dispersed crystals of plagioclase are intergrown with the quartz.

Alteration: white mica: intense after plagioclase(?), biotite: strong after ferromagnesian mineral(?); amphibole: moderate; epidote-Fe-chlorite: weak; rutile(?): subtle.

Sample 6:

Scarlett Vein 3—Quartz-white mica-alkali feldspar alteration zone & Quartz pyrite filling domain—Anhedral crystals of quartz are associated with irregularly shaped replacements of very fine-grained white mica. In the lower part of the thin section, very fine-grained

replacement aggregates of alkali feldspar and clay(?) filled in a sinuous shear zone. In the upper-right part of the section, a quartz-rich filling domain hosts a coarse-grained fractured crystal of pyrite.

Alteration: white mica: intense after plagioclase(?), alkali feldspar: moderate; Fe chloritealbite: weak; plagioclase-epidote-rutile: subtle.

Sample 7:

Scarlett Vein Host—Chlorite-epidote-actinolite(?) altered tonalite & Alkali feldspar veinlets & Epidote veinlets—Randomly oriented euhedral crystals of plagioclase, interstitial crystals of quartz, subhedral crystals of hornblende and pseudomorphs of chlorite after biotite define a medium-grained granular microstructure crosscut by veinlets of alkali feldspar and veinlets of epidote. Alteration: white mica: weak after plagioclase; epidote: subtle to weak after plagioclase; chlorite: strong after biotite I; pyrite: subtle: iron oxides: moderate after pyrite.

Samples 8 and 9:

Quartz-white mica-epidote-pyrite-chalcopyrite vein — These two thin sections are dominated by inequigranular crystals of quartz, and in Sample 8 host subordinate clusters of very fine-grained white mica, epidote, pyrite, and chalcopyrite.

Sample 10:

Quartz-white mica-pyrite vein & Altered hypabyssal rock(?)— This sample consists of two main domains, a quartz-rich vein domain, and a granular domain of quartz and white mica-rich pseudomorphs. Sparse crystals of pyrite and very rare rutile are dispersed within the quartz-rich vein domain.

Alteration: biotite II: strong after biotite.

Sample 11:

White mica-biotite-chlorite altered hypabyssal rock & Quartz clay-chalcopyrite filling domain—This section consists of two main domains, a strongly altered and sheared domain (A) and a quartz-rich filling domain (B). In Domain A, anhedral, and in some cases, fractured crystals of quartz are associated with anhedral pseudomorphs of very finegrained white mica, medium grained lamellae of biotite. The pseudomorphs and the quartz crystals show a preferred dimensional orientation and define a weak foliation. In Domain B, the prevailing quartz forms an inequigranular and deformed aggregate, in which subordinate chalcopyrite, clay, pyrite and iron oxides filled in some of the fractures within the quartz.

Alteration: white mica: strong after plagioclase; biotite II: strong after biotite I; Fe chlorite: weak after biotite I; alkali feldspar: weak; pyrite: subtle: iron oxides: subtle to weak after chalcopyrite and pyrite.

Sample 12:

Quartz-white mica-epidote-chalcopyrite-Fe-chlorite vein— Inequigranular crystals of quartz dominate the composition of this thin polished section, The quartz crystals are deformed and fractured, and the fractures are filled by subordinate amounts of very finegrained white mica, fine-grained epidote, chalcopyrite, and chlorite.

Table 7: List of samples with their magnetic susceptibility and petrographic classification

SampleNo.	Sample ID	MagneticSusceptibility$(SI \cdot 10^{-3})$	Rock Type	Alteration
$\mathbf{1}$	Sample 1	0.004
2	Sample 2	0.003	Gold-bearing quartz-sphalerite-galena-pyrite-chalcopyrite vein
3	Sample 3	0.009
4	Scarlett Vein 1	0.121	White mica-biotite-epidote-altered tonalite	white mica: weak to strong after plagioclase in theupper part; intense inafter plagioclase in the lowerpart; epidote: subtle to weak after plagioclase andbiotite; biotite II: weak to strong after biotite I andhornblende; chlorite: weak after biotite I
5	Scarlett Vein 2	0.16	Biotite-white mica-tremolite/actinolite-chlorite-epidote altered hypabyssalrock(?) & Quartz filling domain	white mica: intense after plagioclase(?), biotite:strong after ferromagnesian mineral(?); amphibole:moderate: epidote-Fe-chlorite: weak: rutile(?): subtle
6	Scarlett Vein 3	0.073	Quartz-white mica-alkali feldsparalteration zone & Quartz-pyrite fillingdomain	white mica: intense after plagioclase(?), alkalifeldspar: moderate; Fe-chlorite-albite: weak;plagioclase-epidote-rutile: subtle
7	Scarlett Vein Host	0.112	Chlorite-epidote-actinolite(?) alteredtonalite & Alkali feldspar veinlets &Epidote veinlets	white mica: weak after plagioclase; epidote: subtleto weak after plagioclase; chlorite: strong afterbiotite I; pyrite: subtle: iron oxides: moderate afterpyrite
8	Sample 1	0.005	Quartz-white mica-epidote-pyrite-
9	Sample 2	0.007	chalcopyrite vein
10	Sample 3	0.051	Quartz-white mica-pyrite vein & Alteredhypabyssal rock(?)	biotite II: strong after biotite I
11	Sample 4	0.113	White mica-biotite-chlorite alteredhypabyssal rock & Quartz-clay-chalcopyrite filling domain	white mica: strong after plagioclase; biotite II:strong after biotite I; Fe-chlorite: weak after biotite I;alkali feldspar: weak; pyrite: subtle: iron oxides:subtle to weak after chalcopyrite and pyrite
12	Sample 5	0.006	Quartz-white mica-epidote-chalcopyrite-Fe-chlorite vein

Figure 25: Within the quartz interstices, spalerite (sl), galena (gn) and chalcopyrite (cp) are finely intergrown. Photomicrograph in plane polarized light.

Figure 26: A very fine-grained particle of gold (Au) precipitated at the contact between the sphalerite (sl) and chalcopyrite (cp). Photomicrograph in plane polarized light.

Figure 27: In the heterogeneous and strongly altered host rock, anhedral crystals of amphibole (am), and irregular clusters of epidote (ep) and chlorite in the very finegrained replacement aggregate of white mica and biotite (wm+bt). Photo in crossed polarizers transmitted light.

10.0 DRILLING

To date there has been no drilling conducted on the Scarlett Gold Property by NTM.

11.0 SAMPLE PREPARATION, ANALYSES AND SECURITY

For the present study two rock grab samples were collected from each of the two main showings which are named "the Jewelry Box" and "the Boom Box" vein occurrences. The sampling approach for this reconnaissance work was to collect representative samples from each of the dominant rock type which is quartz diorite and style of mineralization present on the Property. The samples were collected from outcrops and placed in marked poly bags, sealed with zip ties, and shipped to the laboratory for analysis. The samples were under the care and control of the author and were personally dropped off to Agat Laboratories location in Burnaby, British Columbia.

Table 8: Author collected samples; analytical package of Agat Laboratories

Scarlett Gold PropertyNI 43-101 Technical Report






	January 2021

All the rock samples collected for the present study work were prepared and analyzed by
the Standards Council of Canada, using the following packages.

Table 8: Author collected samples; analytical package of Agat Laboratories

Product IDDescription
200006Dry sanples <5 Kg, 60C
200010Crush <5 Kg to 75% - 2mm

200014Pulverize 250 g in Cr Steel to 85% Passing 75um
200026Weight (kg) as received
200121Pulp Splitting Charge
201071Metals Package by 4Acid Digestion / ICP/ICPMS Finish
202122Screen Met Whole Sample, 1 mesh: +106um to extinction by 50g FA/ICPOES and -106um by FA/ICPOES

The samples from 2009 work by Chai Cha Na Mining were analyzed at ALS Chemex of NorthVancouver for gold and multi element analysis and Au-GRA21 package for gold (Figure 5).

Samples from June 2020 work of Longford Exploration Group were prepared and analyzed at Bureau Veritas of Vancouver, BC for gold and multi element analysis utilizing the following analytical procedures shown in Table 2.

Soil samples from the recent work of August 2020 by NTM were prepared and analyzed at ALS Minerals in North Vancouver, BC using packages PREP-41, ME-MS61L, and Au-OG43 as described in Section 9.1 of this report. The rock samples from the same program were prepared and analyzed at Bureau Veritas laboratory of Richmond, BC using packages PRP70-500, FA530-Au, or FS652-Au, and MA370 as explained in Section 9.2.1 of this report.

All the laboratories discussed are independent of NTM, Infiniti Drilling and the author. The laboratories have their own quality assurance and quality control procedures. For the present study, the sample preparation, security, and analytical procedures used by the laboratories are considered adequate. The August 2020 exploration program was conducted under the supervision of Kristian Whitehead who is a professional geoscientist and is also the Property vendor. No officer, director, employee or associate of NTM or Infiniti Drilling was involved in the sample preparation and analysis.

12.0 DATA VERIFICATION

The author visited the property on August 29, 2020 to verify the ongoing exploration work on the Property, view local geological condition, rock outcrops, local structural trends and controls of mineralization.

Historical grades and tonnages are taken from BC Minister of Mines reports and are deemed reliable. Historical geological descriptions taken from the British Columbia Minfile database and other reports were prepared and approved by the professional geologists or engineers and are deemed reliable.

Two samples were collected during this visit (Scarlett 1-AP from the Boom Box Vein and Scarlett 2-AP from the Jewelry Box Vein). Field description of the samples collected during the August 29, 2020 property visit is provided in Table 9.

Photo 8: August 2020 Exploration work team members (August 2020 Property visit photo)

Photo 9: 2020 Exploration work sampling location (August 2020 Property visit photo)

Table 9: Description of the Author Collected Samples

Sample ID	Easting	Northing	Elev.	Type	Description
			(m)
Scarlett 1-AP	0545601	5466513	264	Grab from Rock Outcrop	Quartz vein in tonalite / quartz diorite, brownish to dark
				(Boom Box Showing)	grey 5-10% sulphides, taken from EXP Sample 12m
Scarlett 2-AP	0545675	5466417	238	Grab from Rock Outcrop	0.7 m thick quartz vein in tonalite / quartz diorite, brownish
				(Jewelry Box Showing)	to dark grey 5-10% sulphides, taken from EXP Sample 6.5m

Table 10: Gold Assay Results

		Method				(202-120) Fire Assay - Metallic Gold - ICP Finish
		Analyte:	SampleLoginWeight	SampleWeight(+)	SampleWeight(-)	AuAssay(+)Fraction1	Au Assay (-)Fraction 1	Au Assay (-)Fraction 2	Total Au
Lab	Sample	Unit:	kg	g	g	ppm	ppm	ppm	g/t
Sample Id	Description	RDL:				0.001	0.001	0.001	0.001
1432210	SCARLET 1-AP		4.09	374	3360	189.91	70.6	65.7	80.3
1432211	SCARLET 2-AP		3.59	327	2900	54.7	44.2	41.9	44.2

Comments: RDL - Reported Detection Limit

Analysis performed at AGAT 5623 McAdam Rd., Mississauga, ON

Table 11: Highlights of other elements assays

											ICP
		Method:		(201-071) 4 Acid Digest - Metals Package, ICP/ICP-MS finish							OES*
		Analyte:	Ag	As	Co	Cu	Fe	Pb	S	Zn	Zn
		Unit:	ppm	ppm	ppm	ppm	%	ppm	%	ppm	%
Lab ID	Sample ID	RDL:	0.01	0.2	0.05	0.5	0.01	0.1	0.01	0.5	0.005
1432210	SCARLET 1-AP		23.8	3.4	20.1	5020	2.17	>10000	3.35	>10000	2.75
1432211	SCARLET 2-AP		4.95	3.7	107	278	4.68	92.1	2.78	93.5

Comments: RDL - Reported Detection Limit

1432210-1432211 As, Sb values may be low due to digestion losses.

Analysis performed at AGAT 5623 McAdam Rd., Mississauga, ON

*(201-079) Sodium Peroxide Fusion - ICP-OES finish

The samples were delivered by the author to Agat Laboratories in Burnaby, a recognized laboratory. The samples were prepared and analyzed at Agat Laboratories in Mississauga, Ontario. Gold assays for metallic screen are provided in Table 4 and highlights of the remaining elements in Table 5. The results of both the samples collected by the author are discussed below:

Sample SCARLETT 1-AP

Total weight of the sample was 4.09 kilogram out of which 374 grams (9.33% by weight) was retained in the coarse fraction and 3,360 grams passed to minus fraction.
Average gold assay of the coarse fraction is 189.91 grams per tonne (g/t) and fine fraction is 68.15 g/t with overall 80.3 g/t for the entire sample.
Silver (Ag) values are 23.4 g/t, copper (Cu) 5,020 parts per million (ppm) (0.5%), lead (Pb) over 10,000 ppm (>1%), and zinc 2.75%.

Sample SCARLETT 2-AP

Total weight of the sample was 3.59 kilogram out of which 327 grams (9.10% by weight) was retained in the coarse fraction and 2,900 grams passed to minus fraction.
Average gold assay of the coarse fraction is 54.7 grams per tonne (g/t) and fine fraction is 43.05 g/t with overall 44.2 g/t for the entire sample.
Silver (Ag) values are 4.95 g/t, cobalt 107 ppm, and iron (Fe) 4.68%.

The data collected during the present study is considered reliable because it was collected by the author. The data quoted from other sources is also deemed reliable because it was taken from, the assessment reports approved by the BC Ministry of Energy, Mines and Petroleum Resources, and other published geological and engineering reports and journals.

13.0 MINERAL PROCESSING AND METALLURGICAL TESTING

On September 9, 2020 a bulk sample consisting of 116.20 kilograms collected from the surface exposed Jewelry Box vein was submitted for initial Baseline Metallurgical Test work for gold and silver recovery to Bureau Veritas' Richmond, BC Laboratory. In concert with the metallurgical test work, Bureau Veritas was requested to provide a detailed mineralogical assessment of the Jewelry Box vein which included chemical and mineral composition as well as gold and silver deportment studies.

The principal objective of the scoping metallurgical testing program was to conduct baseline gravity, cyanidation, and flotation investigations to determine the amenability of the test sample to conventional mineral processing procedures.

The test sample assayed 10.48 ppm Au and 10 ppm Ag. Comminution Bond ball mill work index test at a closing screen of 150 mesh (105 Um) resulted in 13.0 kWh/tonne Bond mill work index, indicating a medium hardness character of the test sample.

Three process options including gravity concentration, bottle roll cyanidation, and sulfide flotation were evaluated at a target grind P80 70 Um in this test program.

The results showed that the test sample responded well to all three process options. The baseline responses of the test sample to different process options at P80 70 Um grind are presented in Table 12 and further summarized below.

Single pass gravity concentration with upgrading was able to recover 53.8% Au and 17.1% Ag into a gravity cleaner concentrate representing 0.05% feed mass and grading 10.4 kg/t Au and 2.5 kg/t Ag.
Bottle roll cyanidation of ground whole-ore yielded an encouraging gold recovery of 96.7% Au and 92.6% Ag.
Sulfide flotation was able to recover 96.2% Au and 54.8% Ag into a rougher concentrate representing 8.5% feed mass.

		Recovery	Tailings Grade
Process Option	Au, %	Ag, %	Au, g/t	Ag, $g/t$
Gravity	53.8	17.1	4.445	6
Cyanidation	96.7	92.6	0.325	$\leq$ 1
Flotation	96.2	54.8	0.355	6

Table 12: Baseline Response to Different Process Routes

In conclusion, the results from the scoping testing program showed that the test sample is generally amenable to gravity concentration, whole-ore cyanidation and flotation process options. The gold deportments by free gold and gold bearing minerals, as well as the gold liberation and associations with sulphide and non-sulphide minerals, were of particular interest. Based on the observed gold and silver deportment mineralogy, the potential metallurgical performances when processing this feed can be anticipated. Both a QEMSCAN Bulk Mineral Analysis and Trace Mineral Search for gold and silver were conducted on the unsized samples of the Jewelry Box Vein composites.

A combination of gravity pre-concentration followed by cyanidation or flotation of gravity scaled tails is recommended. A systematic metallurgical study is required to optimize process conditions and to determine the corresponding design parameters once the

process option is defined. An additional study to identify and quantify the gold and silver deportment mineralogy of the provided composite sample on an unsized basis is also recommended.

13.1 Chemical and Mineral Composition

The Jewelry Box Vein composite contained a total of about 5.2% sulphide minerals by weight. Pyrite was the dominant sulphide mineral in the composite and carried 95.0% of the total composite sulphur. Other observed sulphide minerals in the composite were sphalerite, chalcopyrite and galena.
Quartz was the primary non-sulphide gangue mineral in the Jewelry Box Vein composite and accounted for 82.8% of the total composite mass. Other identified silicates in this composite were muscovite/illite, K-feldspar, epidote, chlorite, biotite/phlogopite, plagioclase feldspar, and talc, which were in small to trace amounts. The composite also contained 0.7% by weight iron oxides, including iron metal, goethite and ilmenite.

Chemical Assays (% or g/t)				Mineral Contents (Wt. %)
Element	Symbol	Assays	Sulphide Minerals	Mass	Non-SulphideMinerale	Mass
Gold	Au	10.1	Chalcopyrite	0.16	Iron Oxides	0.65
Silver	Ag	14.7	Chalcocite/Covellite	0.01	Quartz	82.8
Copper	Cu	0.05	Galena	0.10	Muscovite/Illite	3.61
Iron	Fe	3.13	Sphalerite	0.18	K-Feldspar	2.25
Sulphur	S	2.47	Pyrite	4.74	Epidote	3.32
Zinc	Zn	0.12			Chlorite	0.99
					Biotite/Phlogopite	0.19
					Plagioclase Feldspar	0.58
					Talc	0.09
					Rutile/Anatase	0.22
					Others	0.15
			Total	5.19	Total	94.8

Table 13: Chemical and Mineral Composition of Jewelry Box Vein Composite

13.2 Gold Deportment Mineralogy

A total of 119 gold particles were detected in the Jewelry Box Vein composite. 99% of the gold by weight was present as native gold and electrum. The remainder of the composite gold primarily occurred as gold-tellurium minerals, including petzite (Ag3AuTe2), sylvanite (Au, Ag)2Te4), calaverite (AuTe2) and gold bearing hessite (Ag2Te).

It is of interest to note that approximately 80% of the gold occurrences in this composite was identified as gold-tellurium minerals. Further, the grain sizes of the gold-tellurium minerals were mostly finer than 5 microns or even finer than 2 microns in circular diameter. Due to the overall contained gold in gold-tellurium minerals representing less than 1% of the total composite gold, the gold-tellurium minerals may not affect much of the gold flotation performances or gold cyanidation leach process.

The gold grain sizes observed ranged from 0.3 to 37.4 microns in circular diameter but averaged at 2.4 microns. The gold distribution by gold grain size data indicates that nearly 90% of the gold occurrences were sized finer than 5 microns. It is of importance to note that over 50% of the composite gold was contained in the relatively large mineral particles, sized greater than 53 microns in circular diameter within fine grained relatively large pieces of pyrite or non-sulphide gangue.

13.3 Gold Liberation and Association

Above 75% of the unliberated gold occurrences were associated with pyrite. This observation might be favorable to the sulphide flotation when processing this ore feed. The gold associating with no-sulphide gangue or iron oxides likely will be lost into the tails during sulphide flotation.

The gold locking characteristics data indicates that the unliberated gold mostly presented exposed surfaces in the form of adhesions attaching to other minerals. The liberated gold and gold adhesions combined accounted for above 95% of the total composite gold. As a result, a gold recovery of above 95% from the ore feed likely can be anticipated when using the nominal cyanidation leach to process this ore.

13.4 Silver Deportment Mineralogy

A total of 142 silver particles (including the gold containing silver) were detected in the Jewelry Box vein composite. Above 96% of the silver within the composite was contained within the gold or gold minerals, including native gold (Au, Ag) and electrum (Au, Ag) goldtellurium minerals (petzite (Ag3AuTe2), sylvanite ((Au, Ag)2Te4), and calaverite (AuTe2). As a result, recovering the gold from the Jewelry Box Vein composite will consequently recover the majority of silver in this ore.

Less than 4% of the silver in the Jewelry Box vein composite was present as hessite (Ag2Te), acanthite or argentite (Ag2S) and jalpaite (Ag3CuS2).

The deportment mineralogy characteristics suggests that the silver recovery from the ore feed likely will be comparable to that of gold when using either sulphide flotation or cyanidation leach to process this material.

13.5 Conclusions and Recommendations

The Jewelry Box Vein composite presented a low sulphide mineralization and contained, in total, about 5.2% sulphide minerals by weight. Pyrite was the dominant sulphide

mineral in this composite and carried 95.0% of the total composite sulphur. Other observed sulphide minerals found within the composite included sphalerite, chalcopyrite and galena.

The Jewelry Box Vein composite assayed 10.1 grams per tonne gold, which was mostly presented as native gold and electrum. The gold grain sizes ranged from 0.3 to about 37.4 microns in circular diameter and averaged at 2.4 microns. At the primary grind size of around 75 Um P80, the gold liberation measured at 20.2% when estimated in two dimensions. The unliberated gold was dominantly associated with non-sulphide gangue and pyrite in binary or multiphase forms. Further, approximately 95% of the gold in the composite occurred as exposed surfaces: either liberated gold grains or gold adhesions. Based on the mineralogical observations above, a direct cyanidation leach process likely can be employed when processing this material.

14.0 MINERAL RESOURCE ESTIMATES

No Mineral Resource or Mineral Reserve estimates have been calculated for the Property.

Items 15 to 22 are not applicable at this time.

23.0 ADJACENT PROPERTIES

Until recently the north Mission area has remained relatively unexplored as historical discoveries and economic mines producing in the more northerly regions of the province have received more exploration attention. The mining industry in the Property area is limited essentially to non-metallic deposits-chiefly fire-clays, gravel, and building stone. Although no metalliferous mines are operating within the area, a vast number of mineral claims have been staked and restaked during the past 70 years. Most of these claims have been recorded by persons making brief excursions from the metropolitan area. Exploration of the more promising prospects has been carried on from time to time, and although this has involved underground work on several of the properties, none has been proved economic. (GSC 335).

The following information is taken from the publicly available sources which are identified in the text and in Section 27. The writer has not been able to independently verify the information contained. The information is not necessarily indicative of the mineralization on the Property, which is the subject of this technical report. Individual claim holders and their properties are discussed below.

23.1 Nicholas Gust (278107)

This individual is the owner of five mining claims (1073363, 1073375, 1075804, 1075692, and 1045416) located approximately 3 km south of the Scarlett Property. His property covers the following Minfile showings as recoded in the BC MTO database.

23.1.1 SPANAR, SKY, NUMBER 1 SHOWING, CRICKMAR

The Spanar showing is located on the east bank of Kearsley Creek, 1.1 kilometres southwest of the peak of Mount Crickmer and at an elevation of 892 metres. At the Spanar occurrence, a 5.5-metre long trench and a 7.3-metre long adit, striking 160 degrees, were excavated earlier this century. In 1938, native gold was mined from the Oro occurrence (MINFILE 092GSE041), near the headwaters of Seventynine Creek, between Alouette and Stave lakes. Prior to operations closing in 1939, some high-grade shipments were made from the mine. During 1976, the Spanar claims were staked 1500 metres south of Mount Crickmer. An old adit was subsequently relocated and extended approximately 5 metres. An induced polarization survey was also carried out. Between 1981 and 1987, Skyrocket Exploration and Resources Inc. held a large claim block between Stave and Alouette lakes. Exploration revealed spotty gold soil geochemical values; however, later that year a significant gold value was obtained from a major, northeasttrending shear zone. Follow-up sampling and percussion drilling work was done in and around Kearsley Creek in 1984. During 1988 and 1989, soil and rock sampling surveys were carried out on the Oro and Star claims by 007 Precious Metal Inc. In 1995, the area was prospected and sampled as the Crickmer claims. In 2008, the area was sampled and prospected as the Seventy Nine project by Crucible Resources.

The majority of the region is underlain by granodiorite to diorite intrusions of the Jurassic to Cretaceous Coast Plutonic Complex. Roof pendants of the Paleozoic Twin Island Group and Jurassic Harrison Lake Formation occur throughout the area. These are, locally, intruded by aplite and basaltic dikes.

In the area, mineralization was noted to occur in three distinct modes: 1) quartz-pyrite (± chalcopyrite and magnetite) stringers and veins up to 6 centimetres wide in unaltered quartz diorite, 2) quartz-pyrite lenses up to 0.40 metre wide in unaltered quartz diorite and 3) silicified or calc-silicate–altered shear zones up to 3 metres wide containing pyrite and trace chalcopyrite.

Several small, quartz-filled shear zones are developed in Late Jurassic quartz diorite of the Coast Plutonic Complex. The shear zones and surrounding quartz diorite are mineralized with pyrite. In 1977, a chip sample (14631), taken across 0.5 metre, 2 metres south of the portal of the adit, assayed 13.4 grams per tonne gold and 18.3 grams per tonne silver (Assessment Report 6325, page 8). In 1981, a grab sample from the adit portal area assayed 25.3 grams per tonne gold, 20.6 grams per tonne silver and 0.12 per cent copper (Assessment Report 10040). In 1987, a sample, from a 10-centimetre wide shear zone exposed in the north wall of an adit, assayed 56.0 grams per tonne gold, while a diamond drill hole (SK 1) yielded up to 16.8 grams per tonne gold over 2.4 metres (Assessment Report 16604).

23.1.2 BDR08, CRICKMER, SPANAR

The BDR08 occurrence is located on the northeast side of Kearsley Creek, at an elevation of approximately 700 metres.

Locally, a 2 to 6 centimetre wide quartz-pyrite stringer vein hosts gold, silver and copper values. In 1995, a chip sample (BDR08), taken across the vein, yielded 1.26 grams per tonne gold, 21.4 grams per tonne silver and greater than 1 per cent copper (Assessment Report 24209).

In 1938 and 1939, native gold was mined from the 79 Hill and Blue Devil workings, near the headwaters of Seventynine Creek between Alouette and Stave lakes. During 1976, the Spanar claims were staked 1500 metres south of Mount Crickmer. Between 1981 and 1987, Skyrocket Exploration and Resources Inc. held a large claim block between Stave and Alouette lakes. During 1988 and 1989, soil and rock sampling surveys were carried out on the Oro and Star claims by 007 Precious Metal Inc. In 1995, the area was prospected and sampled as the Crickmer claims. In 2008, the area was sampled and prospected as the Seventy Nine project by Crucible Resources.

23.1.3 R695NW, GOLDEN SUN

The R695NW occurrence is located on a logging road to the south west of Kearsley Creek, at an elevation of approximately 670 metres.

Locally, a 5-centimetre wide aplite dike is hosted in a north-south, vertical siliceous shear. In 1989, a rock sample (R695NW) assayed 21.5 grams per tonne gold and 3.0 grams per tonne silver (Assessment Report 19710).

23.1.4 SKY, NUMBER 4 SHOWING, CRICKMER

The Sky showing is located 500 metres southwest of Kearsley Creek and 3.5 kilometres southeast of Alouette Lake at an elevation of approximately 1075 metres.

In the area, mineralization was noted to occur in three distinct modes: 1) quartz-pyrite (± chalcopyrite and magnetite) stringers and veins up to 6 centimetres wide in unaltered quartz diorite, 2) quartz-pyrite lenses up to 0.40 metre wide in unaltered quartz diorite and 3) silicified or calc-silicate altered shear zones up to 3 metres wide containing pyrite and trace chalcopyrite.

Locally, a road-cut exposes a strong shear zone, cutting feldspar porphyry. The porphyry is enclosed in medium- to coarse-grained, altered Late Jurassic quartz diorite of the Coast Plutonic Complex. Mineralization consists of chalcopyrite, pyrite and arsenopyrite in a gangue of banded quartz.

In 1981, a sample (0031) taken across a width of 0.30 metre assayed 0.20 gram per tonne gold, 4.5 grams per tonne silver and 0.98 per cent copper, while another sample (0032) taken over 0.30 metre yielded 0.47 gram per tonne gold and 2.81 grams per tonne silver (Assessment Report 10040, Part 2, page 10).

In 1938, native gold was mined from the Oro occurrence (MINFILE 092GSE041), near the headwaters of Seventynine Creek between Alouette and Stave lakes. Prior to operations closing in 1939, some high-grade shipments were made from the mine. During 1976, the Spanar claims were staked 1500 metres south of Mount Crickmer. An old adit was subsequently relocated and extended approximately 5 metres. An induced polarization survey was also carried out. Between 1981 and 1987, Skyrocket Exploration and Resources Inc. held a large claim block between Stave and Alouette lakes. Exploration revealed spotty gold soil geochemical values; however, later that year a significant gold value was obtained from a major, northeast- trending shear zone. Follow-up sampling and percussion drilling work was done in and around Kearsley Creek in 1984. During 1988 and 1989, soil and rock sampling surveys were carried out on the Oro and Star claims by 007 Precious Metal Inc. In 1995, the area was prospected and sampled as the Crickmer claims. In 2008, the area was sampled and prospected as the Seventy Nine project by Crucible Resources.

23.1.5 ORO, K.D., 79 HILL, BLUE DEVIL, EDD, CRICKMAR, ALOUETTE LAKE

The Oro occurrence is a shear zone exposed in a roadcut 300 metres east of Seventynine Creek, 2.8 kilometres southwest of the peak of Mount Crickmer.

In the area, mineralization was noted to occur in three distinct modes: 1) quartz-pyrite (± chalcopyrite and magnetite) stringers and veins up to 6 centimetres wide in unaltered quartz diorite, 2) quartz-pyrite lenses up to 0.40 metre wide in unaltered quartz diorite and 3) silicified or calc-silicate altered shear zones up to 3 metres wide containing pyrite and trace chalcopyrite.

The shear zone strikes 160 degrees and dips 80 degrees east and hosts sulphides and vuggy quartz veins up to 0.3 metre in width. In 1983, a diamond drill hole is reported to

have yielded up to 1.7 grams per tonne gold over 10.05 metres (Assessment Report 16404, page 5). In 1987, a grab sample (9103) of massive sulphide from the shear zone assayed 2.32 grams per tonne gold, 22.4 gram per tonne silver and 0.2097 per cent copper (Assessment Report 16404, page 9).

Another showing, consisting of an extensive quartz vein of uncertain location, likely lying below the shear zone, strikes 125 to 135 degrees for 300 metres and dips 75 degrees southwest. The vein is bounded by a hanging wall of calcium-magnesium silicates and a footwall of slickensided greenstone. Mineralization consists of arsenopyrite, pyrite and chalcopyrite in a gangue of locally vuggy, fine-grained, banded grey and white quartz.

An unknown amount of high-grade, gold and silver production was reported for the 79 Hill and Blue Devil workings in 1938 and 1939. In 1939, a 612 kilogram bulk sample returned 62 grams of gold, 93 grams of silver, 2 kilograms of copper and 7 kilograms of lead. The workings lie in the vicinity of the above showings.

23.1.6 R-190W, GOLDEN SUN

The R-190W occurrence is located on a road to the northeast of Kearsley Creek, at an elevation of approximately 675 metres.

Locally, rusty quartz veins hosts chalcopyrite and pyrite. In 1989, a rock sample (R190W) assayed 2.655 grams per tonne gold and 4.0 grams per tonne silver (Assessment Report 19710).

In 1938 and 1939, native gold was mined from the 79 Hill and Blue Devil workings, near the headwaters of Seventynine Creek between Alouette and Stave lakes. Prior to operations closing in 1939, some high-grade shipments were made from the mine. During 1976, the Spanar claims were staked 1500 metres south of Mount Crickmer. An old adit was subsequently relocated and extended approximately 5 metres. An induced polarization survey was also carried out. Between 1981 and 1987, Skyrocket Exploration and Resources Inc. held a large claim block between Stave and Alouette lakes. Exploration revealed spotty gold soil geochemical values; however, later that year a significant gold value was obtained from a major, northeast- trending shear zone. Follow-up sampling and percussion drilling work was done in and around Kearsley Creek in 1984. During 1988 and 1989, soil and rock sampling surveys were carried out on the Oro and Star claims by 007 Precious Metal Inc. In 1995, the area was prospected and sampled as the Crickmer claims. In 2008, the area was sampled and prospected as the Seventy Nine project by Crucible Resources. In 2015, the area was prospected as the Bar-J claims.

23.2 Daryle Friesen

This individual holds only one cell claim (1074817) which covers a historical Minfile Number: 092GSE105 which is summarized in the MTO database as follows:

23.2.1 SEVENTYNINE CREEK, ORO

The Seventynine Creek occurrence is located on Seventynine Creek, approximately 100 metres downstream from its confluence with its major westerly tributary and at an elevation of 680 metres.

Locally, several pyritic and malachite-stained quartz veins, 0.10 to 0.50 metre in width, outcrop in Seventynine Creek. The veins dip vertically and strike 163 degrees southeast.

A grab sample (SZ10) from a 0.10 to 0.20 metre wide quartz vein assayed 15.9 grams per tonne silver and 3.181 per cent copper, while another grab sample (SZ9) assayed 0.54 gram per tonne gold, 11.4 grams per tonne silver and 1.152 per cent copper (Assessment Report 18145).

Figure 28: Adjacent Properties Map

24.0 OTHER RELEVANT DATA AND INFORMATION

24.1 Environmental Concerns

There is no historical production from mineralized zones on the property is limited, and the author is not aware of any environmental liabilities which have accrued from historical exploration activity. The Forestry department has put a barrier at the property entrance to prevent unauthorised dumping of waste.

24.2 First Nations

The land in which the mineral claims are situated is Crown Land and the mineral claims fall under the jurisdiction of the British Columbia Government. However, if NTM applies for permits from the Government of British Columbia, the Government may be required to consult with First Nations before a permit can be issued.

25.0 INTERPRETATION AND CONCLUSIONS

Geologically, the Scarlett Gold claims are underlain by Coast Plutonic Rocks. The coastal mountains are a part of the Fraser Belt, one of the world's great eugeosynclines. The foliated quartz diorite / tonalite of this area contains veins of quartz. Pods of molybdenite are scattered irregularly in the quartz. Throughout the area are numerous cappings of Mesozoic to Cenozoic Sedimentary rocks, the majority of which are probably roof pendants. The lithologies range from sandstone, shale and/or conglomerate with minor tuffs. The rocks of Coast plutonic Intrusives range in composition from granite to migmatite with inclusions of older sedimentary rocks and greenstone.

Locally, the Property is a part of the Stave Lake Pendent which is the most pronounced geological feature exposed intermittently over a distance of about over three kilometres along the eastern shore of Stave Lake. It contains many areas of plutonic rock and could perhaps be termed a migmatitic zone rather than a pendant. The eastern limits of the Stave Lake pendant are not accurately known. The lake-shore exposures reveal a lightcoloured, massive, granulitic-textured porphyry which grades into complex migmatitic zones containing much hornblende quartz diorite and hornblende diorite. In its less altered form, the porphyry is composed of very fine-grained quartz and plagioclase crystals. The matrix consists of considerable sericite, with magnetite and some pale green chlorite, but no other mafic minerals.

The northern part of the Stave Lake Pendent where the Property claims are located, has been mapped as Quartz Diorite having greater amounts of hornblende than biotite. The southern part which is located south of the Property claims has been mapped as Diorites in which hornblende is the only mafic mineral. The medium-grained quartz diorite

contains about 10% mafic minerals like hornblende and biotite: hornblende being more abundant than biotite. The rocks have been subjected to shearing with accompanying fracturing. Facture filling silicification, and quartz veining in shear zones are common.

In August 2020, New Target Mining Corp. contracted Infiniti Drilling Corporation to complete exploration work on the Property which included prospecting, mapping and grab rock sampling; soil geochemistry along a survey grid, sample assaying and petrographic studies on selected grab rock samples.

Petrographic studies in 2020 indicated that gold-bearing quartz veins have quartz as the most abundant silicate and hosts subordinate amounts of sphalerite, pyrite, galena, and chalcopyrite, all of which filled in the interstices of variably fractured and brittlely deformed quartz crystals. Very fine-grained particles of gold precipitated along the boundaries between the sphalerite and chalcopyrite, between the sphalerite and the galena. Gold also occurs as an inclusion within the pyrite, along the boundary between the pyrite and the quartz, and within the fractures of the quartz.

The author visited the Property on August 29, 2020 to verify the ongoing exploration work on the Property, to view local geological condition, rock outcrops, local structural trends and controls of mineralization. Two samples were collected during this visit (Scarlett 1-AP from the Boombox showing and Scarlett 2-AP from the Jewelry Box Vein).

The data presented in this report is based on reports available from NTM, the British Columbia Ministry of Mines, Minfile data, the Geological Survey of Canada, and the Geological Survey of BC. A part of the data was collected by the author during the property visit. All the consulted data sources are deemed reliable. The data collected during the course of present study is considered sufficient to provide an opinion about the merit of the Property as a viable exploration target.

There are some risks associated with the Property that it is close to the Vancouver Lower Mainland and the area has tourist's attraction. There are several gravel pits around this area which indicates exposure of the local population regarding mining operations.

Based on its past exploration history, favourable geological and tectonic setting, presence of surface mineralization, and the results of present study, it is concluded that the Property is a property of merit and possesses a good potential for additional discovery of gold, silver, zinc and other mineralization indicative of a proximal buried porphyry source. Good road access, nearby powerlines together with abundant availability of exploration and mining services in the vicinity makes it a worthy mineral exploration target. The historical and current exploration data collected by various operators on the Property provides the basis for follow-up work programs.

26.0 RECOMMENDATIONS

In the qualified person's opinion the character of the Scarlett Gold Property is sufficient to merit the following phased work program, where the second phase is contingent upon the results of the first phase.

Phase 1 – Prospecting Mapping, Sampling, Soil Geochemistry and Geophysical Surveys

The most recent August – September 2020 exploration work program provided significant surface mineralization discoveries thus a follow up work program which should include further expanding the soil and rock geochemistry grid in a continued effort to constrain the currently known surface mineralization on the Property. More specifically, it is recommended that an expanded soil survey be conducted to the south designed to define the Cu, Zn, As and Te soil anomaly.

A ground Induced Polarization (IP) survey over the currently known mineralization is also recommended to aid in determining the depth of known surface mineralization including the anomalous zones within the soil grid to aid in establishing the source of such mineralization. The IP survey should also be carried out on a north-south orientation with a minimum length of 600 metres to ensure ample depth of survey. Additional tasks include following up on recently discovered mineralized rock chip sample occurrences, continued ground prospecting, mapping and sampling work efforts on the remaining Property to seek to discover additional outcrops and related quartz veins over the greater extent of the unexplored portion of the Property. Total estimated budget for this work is $212,080.

Phase 2 – Drilling, Trenching and Sampling

If results from the first phase are positive, then a follow up drilling, trenching and expanded sampling program would be warranted. This work would help to further establish trends and continuity of the currently known anomalous surface mineralization as well as test depth extent of the mineralized veining systems and established IP anomalies. The Jewelry Box and Boom Box Vein areas are recommended for additional exploration work which includes a total of 1000 metres of diamond drilling as well as localized stripping and trenching seeking to expose near surface mineralized outcrop.

Detailed scope of work, budget and final location of drill holes and trenching work will be dependent upon results of Phase 1 work.

Item	Unit	UnitRate($)	Numberof Units	Total
Mapping, Trenching and Sampling
Geological mapping (geologist 1)	days	$650	10	$6,500
Geological mapping (geologist 2)	days	$650	10	$6,500
Prospecting / soil sampling (2 personcrew)	days	$800	20	$16,000
Ground geophysical survey	line-km	$7,500	10	$75,000
Line cutting-flagging of survey lines	line-km	$800	35	$28,000
Accommodations and Meals	day	$100	100	$10,000
Supplies	ls	$5,000	1	$5,000
Sample Assays	sample	$50	400	$20,000
Transportation Road	km	$1	10,000	$10,000
Data Compilation	days	$650	10	$6,500
Report Writing	days	$650	10	$6,500
Project Management	days	$700	4	$2,800
Sub Total				$192,800
Contingency 10%				$19,280
Total Phase 1 Budget				$212,080

Table 14: PHASE 1 BUDGET

27.0 REFERENCES

1.0 Baril, Joseph., 2015, Assessment Report on Bar-J claims, Joseph Baril, Geological Branch Assessment Report 35,821.
2.0 Chamberlain, C., Jackson, M., Jago, C., Pass, H., Simpson, K., Cooke, D., and Tosdal, R. (2006). Toward an Integrated Model for Alkalic Porphyry Copper Deposits in British Columbia (NTS 093A, N; 104G). Geological Fieldwork, pages 2007-1.
3.0 Devine, F. (2012). Porphyry Integration Project: Bringing Together Geoscience and Exploration Datasets for British Columbia's Porphyry Districts. Geoscience BC Summary of Activities 2011, Report 2012-1, p.19-28.
4.0 Deyell, C. and Tosdal, R. (2004). Alkalic Cu-Au deposits of British Columbia: Sulfur isotope zonation as a guide to mineral exploration. BC Ministry of Energy, Mines and Petroleum Resources, Geological Fieldwork 2004, Paper 2005 – 1, pages 191 – 208.
5.0 Diakow, Gerry., 2004, Prospecting Report on Birch Property, Geological Branch Assessment Report 27,440.
6.0 Diakow, Gerry., 2014, Geological Outcrop Survey of Bluestone Claims, Gerry Diakow, Geological Branch Assessment Report 34,559.
7.0 Galley, A.G., 1993, Semi-conformable alteration zones in volcanogenic massive sulphide districts: Journal of Geochemical Exploration, v. 48, p. 175-200.
8.0 Galley, A.G., and Koski, R.A., 1999, Setting and characteristics of ophiolite-hosted volcanogenic massive sulfide deposits, in Barrie, C.T., and Hannington, M.D., eds., Volcanic-Associated Massive Sulfide Deposits: Processes and Examples in Modern and Ancient Settings: Reviews in Economic Geology, v. 8, p. 215-236.
9.0 Galley, A.G., Bailes, A.H. and Kitzler, G., 1993, Geological setting and hydrothermal evolution of the Chisel Lake and North Chisel Zn-Pb-Ag-Au massive sulphide deposit, Snow Lake, Manitoba: Exploration and Mining Geology, v. 2, p. 271-295.
10.0 Giroux, G.H., 1977, Report on The Spanner Claims, Frank Noel, Geological Branch Assessment Report 6325.
11.0 Hardy, V.Ryback., 1981, Geochemical and Geophysical Report on Sky 101-107 Claims, Skyrocket Explorations and Resources Inc, Geological Branch Assessment Report 10,040.
12.0 Henneberry, R.Tim., 1996, Initial Assessment Report on Blue Granite Property, Mammoth Geological Ltd, Geological Branch Assessment Report 24,353.
13.0 Heberlein, D.R., Samson, H., and Geoconsulting, H. (2010). An assessment of soil geochemical methods for detecting copper-gold porphyry mineralization through Quaternary glaciofluvial sediments at Kwanika Central zone, north-central British Columbia. Geoscience BC Report 2010-03, page 89.
14.0 Huntley, David., and Thompson, David., 2013, Fraser Valley Geotour: Bedrock, Glacial Deposits, Recent Sediments, Geological Hazards and Applied Geology: Sumas Mountains and Abbotsford area, MineralED and Natural Resources Canada, Geological Survey of Canada.
15.0 Kidlark, Roger G., 1995, Geochemical Assessment Report on Crickmer Property, Mijodrag Gordic, Geological Branch Assessment Report 24,209.
16.0 Malowany, Kalina., and Brunetaud, Virginie., 2018, Lower Mainland Surficial Geology from Wisconsin Ice Age to Protocol 21, BCEIA BEST Conference 2018 Whistler BC, Core 6 Environmental.
17.0 Mark, David G., 2011, Geophysical Report on Alouette Property, Gerry Diakow, Geological Branch Assessment Report 31,858.
18.0 Mirfatahi, Lisa., 2010, Stave Lake Environmental Assessment Report, Abbotsford/Mission Water and Sewer Services, Report WSC 25-2010.
19.0 Moyle, A., Doyle, B., Hoogvleit, H., and Ware, A. (1990). Ladolan gold deposit, Lihir Island. Geology of the mineral deposits of Australia and Papua New Guinea, 2:1973-1805.
20.0 Richards, J.P. (1990). Petrology and geochemistry of alkalic intrusives at the Porgera gold deposit, Papua New Guinea. Journal of Geochemical Exploration, 35(1):141 199.
21.0 Richards, J.P., Boyce, A. J., and Pringle, M.S., (2001). Geologic Evolution of the Escondida area, Northern Chile: A model for spatial and temporal localization of porphyry Cu mineralization. Economic Geology, 96(2): 271-305.
22.0 Roberts, A.F., 1984, Assessment Report on Treasure II Claim, Wren Resources Inc, Geological Branch Assessment Report 12,765.
23.0 Roddick, J.A., 1965, Vancouver North, Coquitlam, and Pitt Lake Map-Areas, British Columbia with special emphasis on the evolution of the plutonic rocks, Geological Survey of Canada, Memoir 335.
24.0 Roddick, J.A., 1983, Geophysical review and composition of the Coastal Plutonic Complex, south of latitude 55o , in Roddick, J.A., ed., Circum-Pacific Plutonic Terranes: Geological Society of America, Memoir 159, p. 195 – 211.
25.0 Rosen, Von. G.E.A., 1982, Geophysical Report on Mud Mountain Claim, Geological Branch Assessment Report 10,197.
26.0 Rowins, S. M. (2000). Reduced porphyry copper-gold deposits: A new variation on an old theme. Geology, 28(6): 491-494.
27.0 Sanders, Arne., 1981, Evaluation Report on 101-102 Claims, Skyrocket Explorations and Resources Inc, Geological Branch Assessment Report 9450.
28.0 Sheldrake, Ronald F., 1981, Ground Magnetometer Survey on Claims, Gold View Mines Inc, Geological Branch Assessment Report 9412.
29.0 Sillitoe, R. H. (1994). Erosion and collapse of volcanoes: Causes of telescoping in intrusion-centered ore deposits. Geology, 22(10):945-948.
30.0 Sillitoe, R. H. (2002). Some Metallogenic Features of Gold and Copper Deposits Related to Alkaline Rocks and Consequences of Exploration. Mineralium Despositia, 37(1): 4–13.
31.0 Sillitoe, R. H. (2010). Porphyry Copper Systems. Economic Geology, 105(1): 3-41.
32.0 Skoda, E., 2005, Geophysical Program on MR Mineral Claims, Geological Branch Assessment Report 28,068.
33.0 Sokochoff, L., 1984, Geological and Geochemical Surveys Report on Treasure Mountain Claim, Module Resources Inc, Geological Branch Assessment Report 12,915.
34.0 Sokochoff, L., 1986, Geochemical Surveys Report on Treasure Mountain Claim, Module Resources Inc, Geological Branch Assessment Report 14,713.
35.0 Sokochoff, L., 1987, Geological Evaluation Report on Golden Sun Claim Group, Rudy Mitterer, Geological Branch Assessment Report 16,404.
36.0 Sokochoff, L., 1988, Geological Evaluation Report on Golden Universe Claim Group, Rudy Mitterer, Geological Branch Assessment Report 16,862.
37.0 Stanley, C., Holbek, P., Huyck, H., Lang, J., Preto, V., Blower, S., and Bottaro, J. (1995). Geology of the Copper Mountain alkalic copper-gold porphyry deposits, Princeton, British Columbia. Porphyry deposits of the Northwestern Cordillera of North America: Quebec, Canadian Institute of Mining, Metallurgy and Petroleum Special, 46: 537 – 564.
38.0 Vallabh, R., 1975, Work Done on CUMO Mineral Claims, Bond Street Transfer Corporation, Geological Branch Assessment Report 5529.
39.0 Warkentin, Doug., 2008, Reconnaissance and Sampling on 7 Claims, Crucible Resources Ltd, Geological Branch Assessment Report 30,285.
40.0 Zastavnikovich, S., 1986, Geochemical and Geophysical Assessment Report on Golden Universe Group Claims, Rudy Mitterer, Geological Branch Assessment Report 15,497.
41.0 Zastavnikovich, S., 1988, Geochemical Assessment Report on Golden Star and ORO 1-4 Claims, 007 Precious Metals Inc, Geological Branch Assessment Report 18,145.
42.0 Zastavnikovich, S., 1990, Geochemical Heavy Mineral Assessment Report on Golden Universe Mineral Claims, 007 Precious Metals Inc, Geological Branch Assessment Report 19,710.

28.0 SIGNATURE PAGE

Dated: January 11th, 2021 (Effective Date)

29.0 CERTIFICATE OF AUTHOR

I, Afzaal Pirzada, P.Geo., as an author of this report entitled, "Technical Report on the Scarlett Gold Property, New Westminster Mining Division, British Columbia, Canada, NTS Map 092G", dated January 11th, 2021 do hereby certify that:

1. I am a consulting geologist of: GEOMAP EXPLORATION INC. 14782- 61A Avenue, Surrey, British Columbia, Canada, V3S 2L8.
1. I have M.Sc. degree in Geology from Punjab University, Lahore, Pakistan in 1979.
1. This certificate applies to the report entitled "Technical Report on the Scarlett Gold Property, New Westminster Mining Division, British Columbia, Canada, NTS Map 092G", dated January 11th, 2021.
1. I am registered as a Professional Geologist in British Columbia (License #: 28657), Northwest Territories, and Nunavut (License # 1722) Canada.
1. I have been practicing my profession continuously since 1979 and have over thirtyfive years of experience in mineral exploration for uranium, base metals, PGE, lithium, graphite, gold and silver.
1. I have read the definition of "qualified person" set out in National Instrument 43- 101 ("NI43-101") and certify that by reason of my education, affiliation with professional associations and past relevant work experience, I fulfill the requirements to be a "qualified person" for the purpose of NI43-101.
1. I visited the property for one day on August 29, 2020 and I am the Author of the report. There has been no material work conducted on the property since the August 29, 2020 site visit. Certain assays and results were processed and received after the August 29, 2020 site visit.
1. I am responsible for all items of this report.
1. I have no interest, direct or indirect in the Scarlett Gold Property, nor do I have any interest in any other properties of New Target Mining Corp., nor do I own directly or indirectly any of the securities of neither New Target Mining Corp., nor do I expect to receive any such interest or securities in the future.
1. I am independent of New Target Mining Corp., and Infiniti Drilling Corporation (the Property Vendor) as that term is defined in Section 1.4 of NI 43-101.
1. I have no prior involvement with the Scarlett Gold Property other than as disclosed in item 7 of this certificate.
1. I have read National Instrument 43-101 ("NI43-101"), and the Technical Report has been prepared in compliance with NI43-101 and Form 43-101F1.
1. I am not aware of any material fact or material change with respect to the Scarlett Gold Property the omission of which would make this report misleading.
1. As at the date of this certificate, to the best of my knowledge, information and belief the technical report contains available scientific and technical information that is required to be disclosed to make this technical report not misleading.

Dated: January 11th, 2021

AI assistant

New Target Mining Corp. — Regulatory Filings 2021

48010_rns_2021-01-22_f398ebc5-8ea6-4274-91f1-5a90da997b84.pdf

Scarlett Gold Property

New Westminster Mining Division, British Columbia, Canada NTS Map 092G

LIST OF FIGURES

LIST OF TABLES

LIST OF PHOTOS

1.0 SUMMARY

Recommendations

Phase 1 – Prospect Mapping, Sampling, Soil Geochemistry and Geophysical Surveys

Phase 2 – Drilling, Trenching and Sampling

2.0 INTRODUCTION AND TERMS OF REFERENCE

2.1 Purpose of Report

2.2 Sources of Information

3.0 RELIANCE ON OTHER EXPERTS

4.0 PROPERTY DESCRIPTION AND LOCATION

Mineral Claim - Work Requirement:

Table 1: Claim Data

Figure 1: Property Location Map

Figure 2: Claim Map

Figure 3: Physiographic and Mineral Occurrences Map

5.0 ACCESS, CLIMATE, PHYSIOGRAPHY, LOCAL RESOURCES, AND INFRASTRUCTURE

5.1 Access

5.2 Climate

5.3 Physiography

5.4 Local Resources and Infrastructure

6.0 HISTORY AND PREVIOUS WORK

6.1 General History

Figure 5: 2009 ALS Chemex Rock Chip Sample Results Certificate

Figure 6: 2009 ALS Chemex Rock Chip Sample Results Map, Jewelry Box Vein Outcrop

Photo 1: 2009 ALS Chemex Rock Chip Sample Results Photo, Jewelry Box Vein Outcrop

Table 2: Longford Exploration Group Due Diligence Rock Sample Assay Procedures

Table 3: Longford Exploration Group Due Diligence Sample Assay Results

7.0 GEOLOGICAL SETTING AND MINERALIZATION

7.1 Regional Geology

Twin Island Group

Bowen Island Group

The Cultus Formation

The Harrison Lake Formation

The Fire Lake Group

The Gambier Group

The Helm Formation

Figure 7: Regional Geological Map

7.2 Property Geology

7.3 Mineralization

Photo 4: Quartz veining and structures within tonalite (August 2020 Property visit)

Photo 5: Photo of a sawn, in situ, grab sample of the Jewelry Box Vein

Figure 8: Local Geology Map

8.0 DEPOSIT TYPES AND MODELS

8.1 Porphyry Copper-Gold Deposits

8.1.1 Importance

8.1.2 Geographic Distribution

8.1.3 Geographic Distribution within British Columbia

Figure 9: Anatomy of a telescoped porphyry Cu system (Sillitoe, 2010)

8.1.4 Grade and Tonnage

8.1.5 Tectonic Setting

8.1.6 Geological Setting

8.1.7 Alteration

8.1.8 Structure and Mineralization Styles

8.1.9 Mineralogy

8.1.10 Morphology and Architecture

8.1.11 Genetic Model

8.1.12 Porphyry Copper Subtypes

8.1.12.1 Alkalic Copper-Gold Porphyry

8.1.12.2 Tonnage and Grade

8.1.12.3 Alteration

8.1.12.4 Tectonic and Geological Setting

8.1.12.5 Architecture

8.1.13 Telescoped Intrusion Centered Ore Deposits

8.1.14 Exploration Models

8.1.14.1 Geophysical Targeting

8.1.14.2 Geological Targeting

8.1.14.3 Geochemical Targeting

8.1.14.4 Geological Discussion

9.0 EXPLORATION

9.1 Soil Sampling Geochemistry

Figure 13: August 2020 Soil Sample Location Map

Figure 15: Silver, Ag in Soils Sample Map

Figure 17: Zinc, Zn in Soils Sample Map

New Target Mining Corp. Regulatory Filings 2021