The Betty East gold prospect in Western Nevada is 653 acres and lies near the southern end of the Manhattan Mining District, immediately north of Huntsman Exploration’s Baxter Springs project and less than 20km south along trend from Kinross Gold’s tier 1 Round Mountain gold mine (see Figure 1 and 2)

Two prospective trends are apparent in the soil geochemical data. One, known as “The Knolls,” trends northerly, has been explored previously and displays a pronounced epithermal Au-As-(Ag-Hg). The other is a newly-emerging and more extensive trend. It trends east-northeastward from the Knolls, and displays an Ag-As-Sb-Hg-Mo (Zn-Cu-W) signature (see figure 2, 3 and 4).

• The Knolls trend has locally very high gold-in-soil results, including values of 6270, 5060, 1185 and 690 ppb gold, within an envelope of anomalous gold and arsenic-in-soils (see Figure 3)
• The newly emerging east-northeast trend is extensive (>1.5km long by up to 1km wide) and displays elements of both epithermal and intrusive-related signature, with highly anomalous As-Hg-Ag-Sb-Mo, along with locally elevated gold and consistently elevated Zn-Cu-W. This trend appears to link up with the Knolls anomaly in the southwest part of the property.

Image 1. Nevada Regional Setting with B&C Springs Project

Image 2. Planview of Beatty East Property with Gold-in-soils up to 6.2 grams per ton

Image 3. Planview of Beatty East Property with showing large=scale high tenor Arsenic anomaly

The nature and full extent of the broad multi-element soil geochemical anomaly northeast of the Knolls will be a focus for the Company in the coming months, initially through mapping, prospecting, rock sampling and possibly further soil geochemical sampling. Plans for the Knolls area include an Induced Polarization (IP) survey, and a number of reconnaissance IP lines may also be run across the anomaly to the northeast. A property-scale airborne magnetometer survey is also being considered.

Image 4. Planview of Beatty East Property with showing silver-in-soil anomalies 9.95 grams per ton