?-

DIAMOND DRILLING

I ~SSESSMENT REPORT

on the

CATALAN COPPER PRO

McLeese Lake Area, B

NTS Map No. 93B/09

52’30” Latitude 122’ 1O’W Longitude

For: Operator, Stikine Gold Corp

Owner, Michael Mo Vancouver, B . C

Prepared By: John M. Mirko, ,- Brian Bowen,

and Mike Middleton

Date: July 12,2007

TABLE OF CONTENTS

1 .o 2.0

3 .O

4.0

5 .O

6.0

7.0

8.0

9.0

Page

Summary 1

Introduction 2

Location and Access 2

Physiography and Climate 2

Exploration History 4

Geology 4

2007 Diamond Drilling 6

Conclusions and Recommendations 7

Mineral Claim Data 4

Statement of Costs 8

Statement of Qualifications 9

References 12

Appendices

Appendix I: Drill Core Logs

Appendix 11: Drill Core Analytical Results and Methods of Analyses

List of Figures

Figure 1.

Figure 2.

Figure 3.

Figure 4.

Figure 5.

Property Location Map 3

Mineral Claim Map 5

Regional Geology Map In Pocket

Property Geology Map In Pocket

Geophysical, Geochemical and DDH Location Map In Pocket

1.0 SUMMARY:

In January, 2007, Stikine Gold Corporation commissioned Hi-Tech Drilling to drill a total of 665 meters from three diamond drill holes within their recently acquired Catalan property. Barney Bowen P.Eng. was recruited to log holes CC-07-01 and CC-07-04. Hole CC-07-03 was not logged but was identical to hole CC-07-01. Hole CC-07-02 was lost at a depth of 25 meters. A brief summary of the two logged holes are included in this report.

Diamond Drill Hole DDH CC-07-01

This hole was designed to test a coincident Induced Polarization chargeability high and a copper-in-soil anomaly in the range of 90 to 299 ppm. There is a low ground magnetics response in the immediate vicinity of the drill hole.

The hole encountered 51 m of overburden before cutting mainly graphitic argillite and lesser brecciated limestone throughout its remaining length to a total depth of 225 m. The rocks are likely part of the Late Paleozoic to Early Mesozoic Cache Creek Assemblage. No copper-molybdenum mineralization was noted in the core, but a few random 2-3 m sections were sampled as a check on precious metals content.

Diamond Drill Hole DDH CC-07-04

This hole was designed to test a northerly-trending ground magnetics high which is coincident with a linear, northerly-trending gulley which may represent a recessive fault zone. In the immediate area, the copper-in-soil response is in the range of 90 to 299 ppm and the IP chargeability response is not anomalous.

After penetrating through 24 m of overburden, the hole cut three main intervals of “foliated volcanic rock” (meta-andesite) from 92.1 - 109 m, 146.6- 163.2 m and 20 1-2 12.1 m. The first two intervals are variably mineralized with pyrite, chalcopyrite and minor molybdenite. One sub-interval, from 103.2- 103.7, carries strong chalcopyrite mineralization as veinlets and stockwork. The lower interval contained only trace amounts of pyrite and chalcopyrite.

Three intrusive rock types were noted. Foliated intrusive (meta-diorite?) is common mainly in the upper portion of the hole and contains little or no sulphides. It is cut by several narrow feldspar porphyry dikes which also carry little sulphide. Non-foliated intrusive sections are common in the lower half of the hole. This intrusive variety is relatively coarse-grained, locally feldspar porphyritic in texture and quartz dioritic to granodioritic in composition. It is variably altered with patchy epidote, chlorite after mafic minerals, minor quartz veins and local sections where textures are vague, possibly due to pervasive silica +/- sericite alteration. Its sulphide content is generally low, but minor chalcopyrite and lesser molybdenite were noted locally.

1

The three main intervals of meta-andesite were sampled, as were a few selected 2 m wide intervals of non-foliated intrusive. Assays returned values up to 1.38% Cu and 24 ppm Mo over 2 meters and 4.16% Cu and 3.5 ppm Mo over 2 meters.

In DDH CC-07-04, the copper-mol ybdenum mineralization is present mainly in meta- andesites which may be part of the Cache Creek Assemblage. The non-foliated intrusive, which is variably altered and carries minor copper-molybdenum mineralization, is spatially associated with the zones of mineralized meta-andesite. This intrusive is likely part of the Granite Mountain intrusive suite which is known to host the bulk-tonnage, low-grade, copper-molybdenum deposits at Gibralter Mine.

The area drilled in January 2007 on the Catalan property would appear to be situated near the eastern margin of the Granite Mountain batholith. A similar setting to it may be at the Sawmill Zone at the Gibraltar Mine, near the southern margin of the batholith. At Sawmill, mineralization consists of chalcopyrite, molybdenite and pyrite in quartz- carbonate veinlets parallel to foliation planes of Granite Mountain diorite. Associated alteration is sericitic and chloritic, and in some cases, epidote alteration. Drilling also encountered mineralization within meta-andesite and an intrusive quartz porphyry. The Sawmill Zone was outlined in 1979. As of December 3 I , 1992, geological resources were estimated at 68.5 million tonnes grading 0.244% Cu.

2.0 INTRODUCTION:

The Catalan Property is contained within NTS Map Sheet No. 93B/09 and consists of seven mineral claims. The property is located about 13km northeast of McLeese Lake, B.C. and 4km east of the Gibraltar Mine complex, in the Cariboo Mining Division.

The 2007 work program consisted of three diamond drill holes, designed to target previously untested copper-in-soil geochemical anomalies coincident with induced polarization (IP) and magnetic geophysical anomalies that were identified in 2005.

3.0 LOCATION AND ACCESS:

The claims are located 13km northeast of McLeese Lake, in the Cariboo Mining District, in south-central British Columbia (Figure 1). The center of the claim block is 8km east of the Gibraltar copper/molybdenum open pit mine. The property is accessible by a series of seasonal logging roads from McLeese Lake.

4.0 PHYSIOGRAPHY AND CLIMATE:

Topographic relief in the claim area is moderate with elevations ranging from 1,050 to 1,250 meters.

The area has a moderate climate with cold winters and warm summers. Air temperature ranges fiom -38"c to 35"c with annual precipitation of approximately 5 lcm, of which 17cm is snow. Maximum snow depth of one meter occurs in late February.

2

Figure 1 : Property Location Map

The area is covered by both logged and unlogged forest vegetation consisting of spruce, fir and pine trees with poplar, birch and alder common. Clearings, swamps and gullies are vegetated with willow, wild rose, grasses and shrubs.

5.0 MINERAL CLAIM DATA:

Pending acceptance of this assessment report, the mineral claims (see Figure 2) will be in good standing until at least July 20,2008.

The property consists of seven mineral claims named AP 1 to 6 and AP8. Tenure numbers are 514437,514445,514505,514507,514772,514778 and 520274. The claims are owned by Michael Moore of Vancouver B.C. and are under option to Stikine Gold Corporation, also of Vancouver B.C.

6.0 EXPLORATION HISTORY:

The earliest record of work in the area was on the Rainbow Claims near the Pollyanna pit at the Gibraltar Mine, 4km to the west, in 1917.

Subsequent work, partly on the existing claims, consisted of soil and silt geochemical surveys in 1970 (Assessment Report 3080), induced polarization in 1970 (Assessment Report 2936), and a soil geochemical survey by United Gunn Resources Ltd. in 199 1 (Assessment Report 25682).

7.0 GEOLOGY

The Catalan Claims are located within a wedge shaped block of Cache Creek sediments and volcanics which have been intruded by several diorite/granodiorite plutons, namely the Granite Mountain and Sheridan Creek plutons (see Figure 3 in pocket). The Granite Mountain pluton hosts the copper and molybdenite mineralization for Gibraltar Mine and extends into the western portion of the Catalan claims.

A well defined, faulted contact between the Cache Creek group and the Granite Mountain diorite exists along the western portion of the claims in a north-south direction (see Figure 4 in pocket). Geological mapping suggests that the Granite Mountain pluton has been offset by faulting in a northern direction within the claims. The offset portions of the pluton have become the focus of recent exploration activity.

A Induced Polarization and Magnetic surveys conducted in 2006 were used to complement previous soil surveys in the area. The survey outlined numerous anomalous zones that can be interpreted as the offset of the Granite Mountain diorite.

4

8.0 2007 DIAMOND DRILLING

The January 2007 work program carried out by Stikine Gold Corporation consisted of three diamond drill holes totaling 665 m designed to test areas of coincident soil geochemical and IP chargeability or ground magnetics geophysical anomalies (see Figure 5 in pocket).

Barney Bowen P.Eng. was recruited to log DDHCC-07-01 and DDHCC-07-04. DDHCC-07-03 was not logged but was identical to hole DDHCC-07-0 1. DDHCC-07-02 was lost at a depth of 25 meters. A brief summary of the two logged holes are included in this report.

Intervals selected for sampling were split by core splitter in the field, with half the core placed in 13 by 20 inch, 6 ml plastic bags and the other half of the core left in the core boxes for fbture reference. A total of 49 samples were shipped to Acme Analytical Laboratories Ltd. in Vancouver for ICP-MS analyses. Drill core logs and drill core analytical results and methods of analyses are presented in Appendices I and I1 respectively.

Diamond Drill Hole DDHCC-07-0 1

This hole was designed to test a coincident IP chargeability high and a copper-in-soil anomaly in the range of 90 to 299 ppm. There is a low ground magnetics response in the immediate vicinity of the drill hole.

The hole encountered 51 m of overburden before cutting mainly graphitic argillite and lesser brecciated limestone throughout its remaining length to a total depth of 225 m. The rocks are likely part of the Late Paleozoic to Early Mesozoic Cache Creek Assemblage. No copper-molybdenum mineralization was noted in the core, but a few random 2-3 m sections were sampled as a check on precious metals content.

Diamond Drill Hole DDHCC-07-04

This hole was designed to test a northerly-trending ground magnetics high which is coincident with a linear, norther1 y-trending gulley which may represent a recessive fault zone. In the immediate area, the copper-in-soil response is in the range of 90 to 299 ppm and the IP chargeability response is not anomalous.

After penetrating through 24 m of overburden, the hole cut three main intervals of “foliated volcanic rock” (meta-andesite) from 92.1 - 109 m, 146.6- 163.2 m and 20 1-2 12.1 m. The first two intervals are variably mineralized with pyrite, chalcopyrite and minor molybdenite. One sub-interval, from 103.2- 1 03.7, carries strong chalcopyrite mineralization as veinlets and stockwork. The lower interval contained only trace amounts of pyrite and chalcopyrite.

6

Three intrusive rock types were noted. Foliated intrusive (meta-diorite?) is common mainly in the upper portion of the hole and contains little or no sulphides. It is cut by several narrow feldspar porphyry dikes which also carry little sulphide. Non-foliated intrusive sections are common in the lower half of the hole. This intrusive variety is relatively coarse-grained, locally feldspar porphyritic in texture and quartz dioritic to granodioritic in composition. It is variably altered with patchy epidote, chlorite after mafic minerals, minor quartz veins and local sections where textures are vague, possibly due to pervasive silica +/- sericite alteration. Its sulphide content is generally low, but minor chalcopyrite and lesser molybdenite were noted locally.

The three main intervals of meta-andesite were sampled, as were a few selected 2 m wide intervals of non-foliated intrusive.

In DDHCC-07-04, the copper-molybdenum mineralization is present mainly in meta- andesites which may be part of the Cache Creek Assemblage. The non-foliated intrusive, which is variably altered and carries minor copper-molybdenum mineralization, is spatially associated with the zones of mineralized meta-andesite. This intrusive is likely part of the Granite Mountain intrusive suite which is known to host the bulk-tonnage, low-grade, copper-molybdenum deposits at Gibralter Mine.

9.0 CONCLUSIONS AND RECOMMENDATIONS:

Diamond Drill Holes CC-07-01 to -03 cut mainly graphitic argillite of the Cache Creek Assemblage. Only Hole CC-07-04 tested a more favourable setting of mineralized meta- andesites in contact with a weakly mineralized phase of the Granite Mountain batholith.

A better test for intrusive hosted copper mineralization similar to that which occurs at the Sawmill Zone might be about one kilometer to the north, where IP chargeability anomalies detected by Peter Walcott & Associates occur in an area of higher ground magnetics relief. The chargeability anomalies may be reflecting stronger sulphide mineralization associated with sericite-chlorite altered zones hosted in an intrusive phase of the Granite Mountain batholith. The area is low-lying and likely its overburden cover is similar to that of the area drilled in January 2007 (in the order of 25-40 m vertical depth). As such, its copper-in-soil response, which is generally lower than that in the January 2007 drill area, may not be a fair indication of the copper content of the underlying bedrock. One 200-250 m deep hole to test this northern target area is recommended.

7

STlKlNE GOLD CORP. CATALAN COPPER PROJECT ITEMIZED COST STATEMENT 2007

Period Period #o f # o f Per Beg End Hours Days Hour/Diem Total

CONTRACT LABOUR AND CONSULTING

John Mirko Mike Middleton

5-Jan-07 5-Feb-07 5-Jan-07 20-Feb-07 6-Feb-07 15-Feb-07

10 16

27

350 350 40

$3,500 5,600 1,080

GEOLOGICAL CONSULTING & MANAGEMENT

Mike Middleton B.K. Bowen D.P. Taylor J. Baker

8-Jan-07 20-Feb-07 12-Feb-07 20-Feb-07 20-Feb-07 21-Feb-07 1 -Feb-07 20-Feb-07

25.5 350 4.5 500 2 600 2 600

8,925 2,250 1,200 1,200

ASSAYS 49 core samples 91 1

MEALS & ACCOMODATION All In - 125 man days

Snacks

6 day period - 2 hrs/day

23 days - 125 hrs

5-Jan-07 7-Feb-07

EXCAVATOR

J.D. 750 DOZER

125 75 9,375 57

12

125

50

80

600

10,000

EQUIPMENT Propane, torches, pumps, tanks, etc. 224

REPORTS & MAPS 1,316

MATERIALS Sample bags, antifreeze, etc. 250

TRUCK Water pump 137.5 Water pump mobilization from Kamloops

80 11,000 352

DIAMOND DRILLING 691 meters, all in 126.973

LONG DlST PHONE, CELL PHONE, SATELLITE, INTERNET 808

4x4 TRUCKS * 2 27 DAYS Supplies

27 100 2,700 97

AlRLl N E One return flight Vancouver - Williams Lake, + taxis 582

$ 189,000.00

STATEMENT OF QUALIFICATIONS:

I, John M. Mirko, hereby certify that:

Since 1972, I have practiced my profession of prospecting and property evaluation including all phases of surface and underground exploration.

Clients and employers include; Manex Mining inc. 1972 Sumitomo Metal Mining Canada inc. 1973 Kerr Addison Mines Ltd. 1974-75 Newconex Ltd. 1976 And, Self employed to date with clients including, Hudson Bay Mining and Smelting Canada Inc., Galore Creek Area. U.S. Steel Ltd., Quesnel Area. Skylark Resources Ltd. And Pacific Rim Mining Corporation, worldwide.

July 12,2007

9

STATEMENT OF QUALIFICATIONS (continued):

I, Brian K. Bowen, of Surrey, in the Province of British Columbia, DO HEREBY CERTIFY THAT:

1. I am a Consulting Geological Engineer with an office at 12470 99A Avenue, Surrey, British Columbia, V3V 2R5, Telephone (604) 930-01 77.

2. I am a graduate of the University of British Columbia with a degree of Bachelor of Applied Science in Geological Engineering, obtained in 1970. I have been practicing my profession continuously in Canada and elsewhere since graduation.

3. I am a member in good standing of the Association of Professional Engineers and Geoscientists of the Province of British Columbia.

4. My input into this report is based mainly upon my logging of January 2007 drill core from the Catalan Copper property, supplemented by a brief review of past work on the property and its geological setting relative to the nearby Gibralter copper-molybdenum open pit mine.

5. I have no interest in the property reported on herein, nor in Stikine Gold Corporation and nor do I expect to receive any.

Dated at Surrey, British Columbia, this twelfth day of July, 2007.

July 12,2007 Surrey, B.C. BKB/bb

B. K. Bowen, P. Eng. Consulting Geologist

10

STATEMENT OF QUALIFICATIONS (continued):

I, Mike J. Middleton, of Burnaby, in the Province of British Columbia, DO HEREBY CERTIFY THAT:

Since 1987, I have practiced my profession of prospecting including all stages of mineral exploration.

I am a graduate of the British Columbia Institute of Technology with a degree of Technology in Mining, obtained in 2004.

Clients and employers include; CJL Ent. Ltd. Homestake Mining Barrick Gold Corp. Roca Mines Inc. Stikine Gold Corp.

Sincerely,

July 12,2007

11

REFERENCES:

Allen, A.R., 1971. Geophysical, Geochemical Survey, GR 1-20 claims. AR No. 3080;

Ash, C.H., Panteleyen, A., Maclellan, K.L., Payne, C.W., and Rydman, M.O., 1998. Geology of the Gibraltar Mine Area, (93B/08 & 09). British Columbia Ministry of Energy and Mines, Open File 1998-7.

Baird, Jon,G., June 30, 1970, Assessment Report on Induced Polarization Survey, No.2936.

Payne, C.W., 1991, Soil Geochem Report on the Copper King Project, A.R. No. 25682.

12

APPENDIX I

Diamond Drill Core Logs

Stikine Gold Corporation Catalan Property - AP Claims (Southern Block)

2007 Diamond Drill Hole Record Hole No: CC-07-01

I UTM Coordinates (NAD 83 - Zone 10): 1 Collar Data I Total DeDth

East: 556,OI 9

Elevation :

I 225 m

Date Dip: -50 Com pleted: 1 /28/2007

Hole Size: NQ2 Date: 2/14/2007 TOC: Logged By: B.K. Bowen, P. Eng.

I North: 5.81 7.980 I Azimuth : 170 I Date Started: 1 /23/2007 I

Garmin E-trex Collar Survey: GPS Total Casing: 51 m

M ul tis hot Survey: No Casing LIH: None RQD Log: No Hole Plugged: Yes

(but no ID on Pulse EM Survey: No ground)

Contractor: Hy-Tech Drilling Ltd. Core Storage: Near 150 Mile House, B.C.

(at Dewar Lake on road to

Horsefly)

Purpose: Hole CC-07-01 was designedto test a coincident IP chargeability high and a copper-in-soil anomaly in the range of 90 to 299 ppm. There is a low ground magnetics response in the immediate vicinity of the drill hole.

I Down-Hole Survey Data: No down-hole surveys were done

Hole Number: CC-07-01 From (m)

0

Stikine Gold Corporation 2007 Diamond Drill Hole Record

To Lithology (m)

51 OVERBURDEN

Page: 2 o f 2

Sample ID From (m) To (m) Length Mo (ppm) Cu (ppm)

51

I I 1 Incoherent graphitic argillite with centi-

225 MELANGE

I I lmeter scale anaular to sub-anqular

277447

blocks of fine-grained grey-coloured limestone

Some limestone beds more or less intact over a width of 2-3 m, but more common- ly, narrower limestone horizons are brecciated wl limestone blocks floating

111 114 3 4.3 53.0

in a matrix of graphitic argillite

277448 277449

Hole faulted throughout, wl some few meter wide sections of strona fault aouae

138 141 3 3.2 34.9 198 201 3 1.7 37.4

I ! Ideveloped ~

I

End of hole @ 225 m

GRAPUlrie ARCILLITC

Stikine Gold Corporation

C o I la r Data Azimuth : 40

DiD: -80

UTM Coordinates (NAD 83 - Zone 10): Total Depth: 216.0 m Date Started: 1 /30/2007

Com Dieted: 2/1/2007 Date

North: 5.81 7.933

TOC: Hole Size: NQ2

East: 555,732 Logged By: B.K. Bowen, P. Eng.

Date: 211 312007 Elevation :

Garmin E-trex Collar Survey: GPS

Multishot Survey: No

RQD Log: No Pulse EM Survey: No

Catalan Property - AP Claims (Southern Block) 2007 Diamond Drill Hole Record

Hole No: CC-07-04

Total Casing: 24.0 m Contractor: Hy-Tech Drilling Ltd. Near 150 Mile House,

(at Dewar Lake on road Casing LIH: None Core Storage: B.C.

Hole Plugged: Yes to Horsefly)

Purpose: Hole CC-07-04 was designed to test a northerly-trending ground magnetics high which is coincident with a linear, northerly-trending gulley which may represent a recessive fault zone. In the immediate area, the copper-in-soil response is in the range of 90 to 299 ppm and the IP chargeability response is not anomalous.

I Down-hole Survey Data: No down-hole surveys were done

Lithology

OVERBURDEN

Assay Results Sample ID From (m) To (m) Length Mo (ppm) Cu (ppm)

I I

I IClav-altered (weathered): limonite indura- I 24

I Ited, weakly foliated; minor quartz veinlets I

30.3 WEATHERED BEDROCK

& minor Mn02 on fractures

30.3 59.9 FOLIATED INTRUSIVE

Foliation variable @ 10-40 degrees CA

59.9

I I

I loutside of faulted interval from 35.2-53.3, much less oxides present; trace Py diss.

60.9 FELDSPAR PORPHYRY DIKE

60.9

Non-foliated intrusive dike; upper contact at 30 degrees CA (cuts across foliation), lower contact at 30 degrees CA (parallel to foliation): crowded feldspar porphvry

in groundmass; no sulphides noted

61 FOLIATED INTRUSIVE

I ]texture, w/ fine-grained chloritized mafics I

61 61.4 COMPOSITE DIKE

similar to 30.3-59.9

Upper & lower contacts sharp @ 30 degrees CA, parallel to foliation; upper 1/2 of dike is verv fine-grained and finely

277402 60 62 2 0.2 31.7

From To Lithology (m) (m)

~~

banded, medium grey-green, w/ no sul- phides; lower 1/2 is sparsely porphyritic feldspar porphyry w/ some chloritized mafic phenocrysts; moderately magnetic, epidote after feldsDar Dhenocrvsts. no

Assay Results Sample ID I From (m) 1 To (m) 1 Length I Mo (ppm) ICu (ppm)

I I I I I

61.4 I I I

I IQuartz dioritic to dioritic in composition; I

su I p h ides

63.1 FOLIATED INTRUSIVE

darker layers are chloritic; some epidote stringers along & cutting across foliation; little or no sulphides present

63.1 63.5 DIKE

Contacts parallel to foliation @ 20-30 degrees CA; mainly sparse porphyritic texture similar to lower 1/2 of 61-61.4

63.5 68.5 FOLIATED INTRUSIVE

In part, coarse-grained & non-foliated; locally contains coarse-grained chlorite & is moderately to strongly magnetic; also minor diss. eDidote present

-

68.5 68.8 DIKE

Contacts parallel to foliation @ 30-40 dearees CA: texture similar to 63.1-63.5;

From To Lithology (m) (m)

I I I I I I

I I I I I I

Assay Results Sample ID From (m) To (m) Length Mo (ppm) Cu (ppm)

I I I

I Iirreaular auartz vein to 3 cm w/ minor epi- I

68.8

dote and trace Py

92.1 FOLIATED TO NON-FOLIATED INTRUSIVE

277403 277404

Quartz dioritic to granodioritic in compo- sition: moderate eDidote diss.; verv little

74 76 2 0.1 11.8 88 90 2 0.5 4.2

277405

Andesitic in composition, w/ short ( 4 m) intervals of intrusive rock (including non- foliated intrusive rock & lesser crowded

90 92 2 0.6 35.7

feldspar porphyry dikes); interval is vari- ably mineralized, w/ generally 1-2% very finely diss. sulphides (Py > Cpy), w/ some short ( ~ 0 . 5 m) sections of heavier Cpy & Py as veinlets & fracture fillings

92.1

I I lsometimes associated w/ epidote +/- I

sulphide

109 FOLIATED VOLCANIC ROCK

I I lquartz veinlets; interval in general not very I

277406 277407

I I lmagnetic I

92 94 2 0.6 70.8 94 96 2 2.9 64.3

277408 277409

Quartz dioritic to granodioritic in compo- sit ion , re la t ivel y coa rse-g rained ; variably altered w/ some Datchv eDidote & fracture

96 98 2 15.2 932.7 98 100 2 24.0 1379.0

controlled day alteration present; minor auartz veinlets: Dossiblv minor Dervasive

277410 27741 1 277412 27741 3

100 102 2 4.6 152.5 102 104 2 3.5 4163.9

658.2 104 106 2 7.0 106 108 2 27.0 528.2

109 1302-NON-FOLIATED INTRUSIVE

277416 277417 277418

112 114 2 2.7 28.3 124 126 2 11.9 27.1

129.7 132.6 2.9 2.3 30.7

I I I I I I 277414 I 108 I 110 I 2 I 1 .I I 46.0 I I I I I I I 277415 I 110 I 112 I 2 I 1.3 I 12.4 I

I I I I I I

I I I I I I

Hole Number: CC-07-04 From (m)

Stikine Gold Corporation 2007 Diamond Drill Hole Record Page: 5 o f 6

Assav Results To Lithology (m)

Non-foliated intrusive (continued):

130.2

I I

I Isericite: trace CDV on fractures Iocallv 1 132.5 FOLIATED VOLCANIC ROCK

-

132.5 146.6

Some quartz veinlets w/ chlorite; only trace diss. Pv

NON-FOLIATED INTRUSIVE

Relatively coarse-g rained, texture is mainly porphyritic in feldspar; locally textures are vague, possibly due to pervasive silica +/- sericite alteration; trace Py diss. locally

27741 9 277420 277421

138 140 2 0.7 12.6 143 145 2 0.6 24.8 145 146.6 1.6 3.0 63.0

Variably q ua rtz-vei ned & e pidote-al te red ; locally strong Py diss., along foliation planes & in fractures; Py locally accom-

146.6

I lpanied by Cpy, but in general copper I

163.2 FOLIATED TO NON-FOLIATED VOLCANIC ROCK

mineralization in this interval not as strona as that from 92.1 - 109 m;

163.2 193.7 NON-FOLIATED INTRUSIVE

Locally quartz veins to 8-10 cm; some epidote veinlets; textures locally vague; occasional minor diss. Py & possibly trace diss. CDV locallv

Sample ID From (m) To (m) Length Mo (ppm) Cu (ppm)

Stikine Gold Corporation Hole Number: CC-07-04 2007 Diamond Drill Hole Record Page: 6 o f 6 From (m)

193.7

To Lithology Assay Results (m) Sample ID From (m) To (m) Length Mo (ppm) Cu (ppm) 195 FOLIATED VOLCANIC ROCK 277436 193 195 2 2.5 110.2

I

Interval carries minor sulphides only

195 197.3 NON-FOLIATED INTRUSIVE

I IFelsic or bleached in appearance; minor I 277437

quartz veins, some patchy epidote; hematite on fractures, trace Py diss.

195 197.2 2.2 0.5 7.3

277438 I I

I Ilnterval contains some sections of foliated I 197.2 199 1.8 3.2 263.9

intrusive rock; minor quartz+/-epidote+/- chlorite veinlets w/ trace Pv: also trace

197.3 201 FOLIATED VOLCANIC ROCK

at 20 degrees CA; otherwise only trace Py diss.; minor quartz+/-epidote+/- chlorite veinlets; also some patchy & diss. epidote

277439 199 201 2 4.6 55.9

Relatively coarse-grained; trace Py diss.

End of hole @ 216.0 m

201

Py diss.; no Cpy noted in interval

212.1 FOLIATED VOLCANIC ROCK

At one locality, Cpy & Py along foliation

I I I I I

277440 201 203 2 1.3 98.2 277441 277442

203 205 2 0.5 36.5 205 207 2 2.1 97.0

277443 277444 277445

207 209 2 0.9 80.2 209 21 1 2 1.5 16.7 21 1 213 2 4.0 32.0

277446 213 216 3 0.4 4.9 212.1 216 NON-FOLIATED INTRUSIVE

APPENDIX I1

Drill Core Analytical Results And Methods of Analyses

--. - \ _____ ACME AN€! TCAL LABORATORIES LTD. 852 E. HASTINGS ST. TOWER BC V6A 1R6 PHONE(604)253-3158 FAX(60 53-1716 1 (IS0 31 Accredited Co.)

GEOCHEMICAL ANALYSIS CERTIFICATE Stikine Gold Corp. PROJECT Catalan F i l e # A700918 Page 1

490 - 1122 M a i n l a n d S t . , V a n c o u v e r BC V 6 B 5 L 1 S u b m i t t e d by: M. M i d d l e t o n

SAMPLE#

G- 1 277401 277402 277403 277404

277405 277406 RE 277406 RRE 277406 277407

277408 277409 277410 277411 277412

277413 277414 277415 277416 277417

277418 277419 277420 277421 277422

277423 277424 277425 277426 277427

277428 277429 277430 277431 277432

277433 277434 277435 STANDARD DS7

J

Mo Cu Sample PPm PP* kg .2 .3 .2 .1 .5

.6

.6

.6

.5 2.9

15.2 24.0 4.6 3.5 7.0

27.0 1.1 1.3 2.7 11.9

2.3 .7 .6

3.0 3.0

24.8 .4 .3 .8 .5

1.2 .9

2.0 1.0 2.3

.4 1.3 2.1 19.3

2.3 2.6 31.7 11.8 4.2

35.7 70.8 76.1 78.7 64.3

932.7 1379.0 152.5

4163.9 658.2

528.2 46.0 12.4 28.3 27.1

30.7 12.6 24.8 63.0 181.0

92.9 62.2 27.3

1 5.38

( > I CONCENTRATION EXCEEDS UPPER L I M I T S . - SAMPLE TYPE: D R I L L CORE R 1 5 0

SOME MINERALS MAY BE PARTIALLY ATTACKED. REFRACTORY AND G R A P H I T I C S S a m p l e s beginning ‘RE’ are R e r u n s and ‘RRE’ are R e j e c t R e r u n s .

DATE RECEIVED: FEB 1 9 2007 DATE REPORT MAILED:.................

13.5 8.6

33.1 98.7 73.5 62.0 11.9

5.7 18.2 47.9 89.0

- 5.28 4.08 4 -40 4.38

5.42 5.78

5.80

5.02 5.38 6.04 5.64 5.82

6.30 5.24 4.80 7.48 6.24

3.96 5.44 5.50 4.60 4.26

5.68 5.24 5.50 5.92 5.62

5.72 5.70 5.46 5.14 5.32

5.36 5.68

- -

Stikine G o l d Corp. PROJECT Catalan FILE # A700918 Page 2 ACME ANALYTICAL

SAMPLE#

G- 1 2 7 7 4 3 6 2 7 7 4 3 7 2 7 7 4 3 8 2 7 7 4 3 9

2 7 7 4 4 0 2 7 7 4 4 1 2 7 7 4 4 2 2 7 7 4 4 3 2 7 7 4 4 4

2 7 7 4 4 5 RE 2 7 7 4 4 5 RRE 2 7 7 4 4 5 2 7 7 4 4 6 2 7 7 4 4 7

2 7 7 4 4 8 2 7 7 4 4 9 STANDARD DS7

ACME ANALYTICAL

M o Cu Sample

- 2 2 . 5 - PPm PPm kg

2 1 5 1 1 0 . 2 5 . 9 6 . 5 7 . 3 5 . 2 2

3 . 2 2 6 3 . 9 5 . 2 8 4 . 6 5 5 . 9 5 . 4 4

1 . 3 9 8 . 2 5 . 9 8 . 5 3 6 . 5 5 . 6 2

2 . 1 9 7 . 0 5 . 6 6 . 9 8 0 . 2 5 . 6 2

1 . 5 1 6 . 7 5 . 6 2

4 . 0 3 2 . 0 5 . 4 0 . 4 3 0 . 4 . 3 3 2 . 1 - . 4 4 . 9 7 . 8 2

4 . 3 5 3 . 0 5 . 9 6

-

3 . 2 3 4 . 9 6 . 7 4 1.7 3 7 . 4 4 . 9 0

1 9 . 7 1 0 0 . 0 -

Sample type: DRILL CORE R 1 5 0 . Samples beqinninq ‘RE’ are Reruns and ‘RRE‘ are Reject Reruns.

A l l resul ts are considered the conf ident ia l property o f the c l i e n t . Acme assumes the l i a b i l i t i e s f o r actual cost of the analysis only. Data( FA -