The Golden Pine property is situated in south-central Parkin Township approximately 20 km north-northeast of Capreol which is in turn 30 km north of Sudbury. Access is by paved road and logging trails. The property comprises 17 unpatented mining claims. Each 40 acre mining claim consists of 22 units. The property is host to structurally-controlled epigenetic gold-silver-pyrite-quartz-carbonate veins hosted within molybdenum and barium-enriched altered rhyolite with a significant number of base metal occurrences.

There are currently five years in assessment credits applied in advance on the Golden Pine property.

Future Activities Contemplated on the Property
The Company started a mechanical stripping, power washing and channel sampling program in mid-November. Due to winter freeze-up, no power washing or channel sampling was completed and will be scheduled again in late spring or early summer, 2012.