FIRST YEAR ASSESSMENT REPORT LIC# 17117M SECOND YEAR ASSESSMENT REPORT LIC# 13250M

OF

PROSPECTING

SOCK POND BURIN PEN. NTS 1M/15

BY

NATHANIEL NOEL MSc.

FOR

E. MICHELE NOEL

MINERAL LICENCES: 13250 M 17117M

WORK CONDUCTED: LATE NOVEMBER 2009 TOTAL EXPENDITURES: 13250M 600.00 17117M 998.50

TOTAL CLAIMS: 13250M (2) 17117M (2)

Table of Contents Page Summary 1 Introduction 2 Location and Access 2 Physiography 3 Property Summary and Claim Status 3 Previous Work 4 Geology 4 Current Program 5 Work Done 5 Results 6 Conclusions and Recommendations 6 List of Expenditures 6 Appendix List of Figures Figure 1 Project Location Map 2 Figure 2 Claims Map 3 Figure 3 Outcrop of granite near test quarry 4 Figure 4 Polished slab of the granite. Slab is approximately 25 cm. across. 5

SUMMARY A total of 4 claims staked to cover the Sock Pond exposure of the Devonian Ackley Granite were examined. A small sample was taken, slabbed and polished, and then photographed to be included in a promotional brochure which was handed out at the 2010 Coverings Show in Orlando Florida. Due to the severity of the recession and its impact on construction and the stone industry, little interest was shown in this granite at this time.

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INTRODUCTION The project area consists of two contiguous licences 13250m and 17117m comprised of 2 claims each which cover an area of the Devonian aged Ackley Granite. The granite is a pink-red megacrystic unit. LOCATION AND ACCESS The project area is located on the west side of the highway 10 km north of the Terrenceville turn off on the Burin Peninsula highway (Figure 1 and 2). It is approximately 2 hours drive from St. John’s. It can be easily accessed from the highway by foot or ATV. A short dirt road accessing a trial quarry on the southern side of the property can also be used for access.

Figure 1 Project location map

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Figure 2 Claims map

PHYSIOGRAPHY The area consists of barren, gently rolling rises and depressions containing numerous rounded outcrops and abundant erratics. Overburden thickness is variable and reaches approximately 50 cm in the lower ground. The lower areas tend to be boggy. PROPERTY SUMMARY AND LICENCE STATUS The property license 13250m consists of 2 claims staked in the spring of 2007. License 17117m was staked in early 2010 and consists of 2 claims. These claims are in good standing. In early 2010 a new company, 61716 Newfoundland and Labrador Limited expressed an interest in the property. Both licenses are now in the process of being optioned by this new company.

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PREVIOUS WORK Little in the way of mineral exploration has been conducted in this area of the Burin Peninsula. The project area is underlain by massive megacrystic granite of Devonian age and a small test quarry located in the center of 17117m was operated by Eugene Kenny and yielded a number of blocks which were removed for testing. (Personal communication) Eugene Kenny had a small mining lease covering this quarry however that has since reverted back to the crown and is now included in this project area. GEOLOGY The project area is underlain by the Devonian Ackley Granite. In this location it consists of coarse grained megacrystic granite. (Figure 3) Immediately to the east and north, there are volcanic and volcanoclastic rocks of the Neohelikian Love Cove Group.

Figure 3 Outcrop of granite near test quarry

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CURRENT PROGRAM The current program consisted of sample collection and preparation of a polished slab of the granite. This slab was photographed and included in a promotional booklet which was distributed at the 2010 Coverings Show in Orlando Florida. Work Done Work was conducted from Conception Bay South. One day in late November of 2009 was spent travelling to the area and collecting a sample of the granite from the test quarry and one day was spent cutting and polishing a sample slab (Figure 4) to be photographed.

Figure 4 Polished slab of the granite. Slab is approximately 25 cm across.

The sample from the test quarry was carefully selected to minimize the effects of weathering. A promotional booklet which included this photo was then produced which was distributed at the 2010 Coverings Show in Orlando Florida. A copy of this booklet is included in the appendix of this report.

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RESULTS The material produced a suitable slab which polished well. (Figure 4) It was hoped that the deep red nature of the material might be considered reddish-brown since discussions at the Coverings show indicated that various shades of brown are considered popular at this time. Unfortunately, the current state of the economy has impacted severely on the dimension stone industry and this kind of stone is not in high demand or is more easily obtained from China or India. CONCLUSIONS The Sock Pond test quarry is capable of producing industry sized blocks and the granite is an attractive red color. Chris Trider of Macleod Resources in Cape Breton has expressed an interest in the material and it is hoped that a site visit can be arranged sometime this year. Should 61716 Newfoundland and Labrador Limited get other dimension stone quarries in the province in operation, it may be feasible to extract and sell some blocks from the Sock Pond quarry. LIST OF EXPENDITURES

EXPENDITURES COST

Days Worked (site visit and prospecting) (1 day @ 400.00/day) 400.00

Vehicle (gas and maintenance ) + Travel/ (1 days at 150.00/day) 150.00

Meals 40.00

Sample Prep 1 day @ 400.00 400.00

Administration and report writing (1 day) 400.00

Overhead @ 15% of 1390.00 208.50

Total 1598.50

ALLOCATION OF FUNDING 13250M………600.00 17117M………998.50

Appendix

NATURALLY-CANADIAN DIMENSION STONE

Naturally-Canadian Dimension Stone is a company that specializes in supplying stone blocks for the dimension stone industry. Our quarries are found throughout the island of Newfoundland, which is located on the east coast of Canada. When you see our magnificent stone, you will clearly understand why the island of Newfoundland is often referred to as “The Rock”

The geology of Newfoundland straddles the Appalachian Orogenic belt and provides a virtually untested and unlimited array of dimension stone resources. On the western side of the island, huge deposits of limestone and marble now exist where coral reef complexes formed 500 million years ago. Through central Newfoundland, slabs of ocean floor and deep rooted mantle material were ripped from the bowels of the earth and now outcrop as huge deposits of soapstone and serpentinite. In the east, late orogenic granites punched their way through the earths crust and now provide a spectacular array of colors and textures.

Our quarries comprise a broad selection of Soapstone, Serpentinite, Granite, and Marble representing a cross section through the ancient ocean called Iapetus, Through these quarries most of which are capable of yielding gang saw sized blocks, we are able to offer stone with a variety of colours and textures to suit all tastes.

The dimension stone industry in Newfoundland is young and Naturally-Canadian Dimension Stone is in the forefront. Our company was founded on exploration work which was conducted in the early 1990’s, which led to the discovery of a number of world class dimension stone deposits. In 2009, Naturally-Canadian Dimension Stone achieved the remarkable feat of bringing all of the most promising past-producing quarries and dimension stone prospects on the island together under one name and we are continuing to explore for new stone deposits, particularly exotic stones of ultramafic origin.

The following is a selection of stones we have to offer or are currently working on. If you have any questions regarding them or would like to receive additional information or samples, please do not hesitate to contact us at the following.

NATURALLY-CANADIAN DIMENSION STONE C/O NATHANIEL NOEL (OPERATIONS MANAGER) 88 LAWRENCE POND ROAD EAST CONCEPTION BAY SOUTH NL CANADA A1X 4C6

PH: 709-744-1115 (OFFICE)

709-687-0362 (CELL)

EMAIL: tundratrotter2005@yahoo.ca

OUR SOAPSTONES

BETTS COVE (BOREALIS BLUE, BOREALIS GREEN) The Betts Cove soapstone deposit is an exceptionally large and relatively new discovery of high grade talc-carbonate soapstone. The deposit is located near Betts Cove Newfoundland, Canada and measures over 2000 meters length and 300 meters width. Preliminary drilling has already shown that the soapstone can be quarried in gang saw blocks up to 30 tons or more with inferred resources well over 100,000,000 tons. The deposit is still open at depth. The soapstone is a blue-black color with cream or white coloured veins and is found in 4 distinct textures. These are as follows. Massive and sparsely veined Net veined Foliated Brecciated Definition drilling of the deposit is planned for the spring of 2010 and the initiation of test quarry operations is scheduled to begin in mid-late summer of 2010.

BURSEY’S HILL (NORTHERN AURORA) Bursey’s Hill is a new discovery of soapstone located just north of Gander, Newfoundland, Canada. The deposit is large, (estimated at over 50,000,000 tons) and consists of a silicified talc-carbonate soapstone. The silicification has resulted in the stone having the appearance of soapstone but being stronger and much more durable than regular soapstone. The stone contains a combination of colors including olive and grass green, turquoise, red, white and grey. It appears that gang saw blocks will be easy to obtain from this deposit due to its massive nature.

OUR SERPENTINITES

GREAT BEND SERPENTINITE (ARCTIC MIDNIGHT, FIRE ‘N’ ICE) The Great Bend Serpentine Deposit represents a potentially enormous dimension stone resource. Two types of stone in particular are found. The first, Arctic Midnight, is a very uniform black serpentinite. The second, Fire’n’Ice, occurs as a carbonatized serpentine breccia. Both deposits contain at least 50,000,000 tons of material but are most likely much larger in extent. Both deposits are scheduled for exploration work this summer including a diamond drill program and test block extraction. ARCTIC MIDNIGHT This black serpentinite was originally a layered ultramafic unit however the process of serpentinization has been pervasive and complete. To date no primary mineralogy has been observed. This enables the stone to take a very high polish. Small discrete serpentine veinlets are pervasive throughout, giving the material a very unique appearance. FIRE ‘N’ ICE A large area of carbonate alteration within the black serpentinite has produced a spectacular serpentine breccia. Even more striking is that further alteration and annealing of the breccia has produced concentric reaction rims around the breccia clasts. It is believed that this stone will produce spectacular patterns and textures and colors on the polished surface.

OUR GRANITES

HODGES HILL (NORTH ATLANTIC SALMON) The Hodges Hill granite (North Atlantic Salmon) is a medium to coarse grained per-alkaline granite which is a beautiful salmon pink color. Historically this material has been used to produce tiles and architectural stone for the interior of the new Arts and Culture Center in St. John’s Newfoundland known as “The Rooms” Test block removal and slabbing is planned for 2010 to produce large slabs for test marketing. Current field data estimates this resource to be at least 50,000,000 tons.

SOCK POND (ARCTIC CHAR) The Sock Pond granite, located in eastern Newfouldland, consists of a beautiful coarse grained pink-red megacrystic granite. Historically, test quarrying has shown this deposit can yield gang saw sized blocks. The estimated resource is greater then 50,000,000 tons.

PASS ISLAND (AUTUMN TUNDRA, ARCTIC SUNSET) The Pass Island Granite is found on the south coast of Newfoundland. It is comprised of two distinct granite phases, Autumn Tundra and Arctic Sunset, both of which are capable of producing gang saw sized blocks. Historically, Autumn Tundra was used to produce tiles for the external facing of the Law Society Building in St. John’s Newfoundland. Both deposits are estimated to be will in excess of 50,000,000 tons. AUTUMN TUNDRA Autumn Tundra consists of a coarse grained alkaline granite possessing deep reddish brown color. The stone is quartz rich and takes a very high polish. ARCTIC SUNSET Arctic Sunset is a very uniform coarse grained equigranular pink granite. Like Autumn Tundra, this is a quartz rich granite which takes a very high polish.

(GRANITES CONT’D)

LOON BAY (NORTH ATLANTIC MIST) The Loon Bay Granite is located on the North East Coast of the island. The granite is grey in color and looks remarkably similar to the well known Stanstead Grey. The granite is massive and can produce gang saw sized blocks. Further work on this deposit is planned for 2010.

TOPSAILS MASSIF GLACIER GREEN, SUNSET ORANGE, BOREALIS BURGUNDY The Topsails Massif referred to locally as the Topsails Intrusive Suite is located in central Newfoundland. It is regional in extent and contains a number of different granites possessing a variety of colours. Historically quarries were opened to provide large blocks which were used to construct trestle abutments for the Newfoundland Railway attesting to its strength and consistency. Examination for its dimension stone has shown the material to be very massive and that it can be quarried in gang saw sized blocks. GLACIER GREEN Glacier Green is a very consistent medium grained pastel green granite. Historically this granite reached the test quarry phase producing a number of gang saw sized blocks which were processed into countertop slabs. Further testing of this material is planned for 2010. SUNSET ORANGE Sunset Orange is a consistent medium grained orange granite. It is similar in texture to Glacier Green. Further testing of this material is planned for 2010. BOREALIS BURGUNDY Borealis Burgundy is a new discovery in the Topsails Massif. Polished slabs of the material are mauve in appearance and quartz rich. The extent of the deposit is not known at this time however further work is planned for 2010.

OUR MARBLES

Marbles in Newfoundland form a geographical belt which spans a distance of 400 kilometres (260 miles) This belt represents the eastern extension of an ancient carbonate reef complex which existed on the old coast of North America 450 million years ago. The colossal collision of the North American tectonic plate with Europe and Africa 400 million years ago produced the temperatures and pressures required to turn the carbonate to marble. Of particular interest is the purity of the marble units. They are very consistent and contain little in the way of silica. Naturally-Canadian Dimension Stone has now begun re-examining some of the well known marble prospects along this belt for their potential as dimension stone, as well as exploring for new ones.

PYES RIDGE (ATLANTIC ICE, BLACK ICE, ARCTIC EMBER Pyes Ridge is located on the north side of Deer Lake in Western Newfoundland. The ridge is composed entirely of marble and possesses a variety of colours. These colors range from white to cream, pink, blue, blue grey, and grey. Generally the marble here is fine grained and takes a very good polish. Exploration work is planned for Pyes Ridge in 2010. ATLANTIC ICE Atlantic ice consists of a blue-grey marble. Annealed fracture patterns are very consistent and the stone takes an excellent polish.

BLACK ICE

Black Ice is darker then its Atlantic Ice counterpart and contains softer breccia patterns. It too is very consistent and takes an excellent polish. ARCTIC EMBER Arctic Ember is composed of a soft buff-pink marble. This unit has softer breccia patterns and has been the subject of considerable exploration work in recent years.

LADYSLIPPER POND (ARCTIC DAWN) Ladyslipper Pond is located just south of Corner Brook on the west coast of Newfoundland. The area contains a number of marble units. One of particular interest contains a pink unit (Arctic Dawn) ARCTIC DAWN Arctic Dawn is a light pink marble containing angular breccia patterns in a dark pink matrix. The unit is fine grained and takes a very good polish. Exploration to determine the dimension stone potential of this occurrence will be conducted in 2010.

SILVER MOUNTAIN (ICE FOG) Silver Mountain is located in western Newfoundland. As the name suggests, the stone here consists of grey and white marble. This deposit differs from the previously described marbles in that it is much older (by hundreds of millions of years) In general it is slightly more coarse grained then its younger counterparts. Shown here is a picture of the grey unit. The white unit which has been described as “very white” is not shown. ICE FOG The grey marble (Ice Fog) is a beautiful soft grey color which actually resembles the well known granite “Stanstead Grey” in appearance. Some areas of the deposit exhibit a distinct banding consisting of lighter and darker grey layers.