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Exploration and Evaluation Assets

The Company holds interests in the following mineral resource properties in Canada:

  1. Ballard Lake Property - Diamond and gold property located approximately 50 kilometres northeast of Wawa, Ontario, in which the Company owns a 100% interest, subject to a 2% net smelter royalty.
  2. Norwalk Property - Gold property located approximately 6 kilometres south of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty.
  3. Dill River Property - Gold property located several kilometres southeast of Wawa, Ontario, in which the Company has an option to earn a 100% interest, subject to a 2% net smelter royalty.