geological assessment report on the raven

Geological Assessment Report on the Raven Property (2015), Harrison Lake Area,

British Columbia

New Westminster Mining Division

Mapsheet 92H/52 Latitude 49° 55’N Longitude 121° 48’W UTM Zone 10U Easting

598390, Northing 5491926, NAD 83

By:

David R. Deering, P. Eng.

December 29, 2016

tfuller

Text Box

BC Geological Survey Assessment Report 36465

Table of Contents

Page TABLE OF CONTENTS……………………………………………………………………….………………………2

LIST OF TABLES ……..……………………………………………………………….………………3

LIST OF FIGURES …………………………………………………………………………….………3

LIST OF APPENDICES..…………………………………………………….….…………………..3

1. INTRODUCTION….………………………………………………….………………………4

2. PROPERTY DESCRIPTION AND LOCATION …………….……………………….7

3. HISTORY…………….………………………………………………………….………………8

4. WORK PROGRAM….…………………………………………………………….………..11

5. STATEMENT OF EXPENDITURES………………..…………………………….……15

6. STATEMENT OF QUALIFICATIONS….…………….…………………………..……16

Geological Assessment Report on the Raven Property - 2016

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List of Tables

TABLE 1. RAVEN PROPERTY CLAIM STATUS………………………….…………………7

List of Figures

FIGURE 1. PROPERTY LOCATION MAP……………………………….….…………………5

FIGURE 2. RAVEN PROPERTY CLAIM MAP…….…………….…………….……………6

FIGURE 3. STRUCTURE AND GEOLOGY MAPPING

by HELGI SIGUREIRSON……….………………………….……………………14

List of Appendices

APPENDIX 1. Geominex Report (includes Dr. Allen Miller Report in Appendix A)

APPENDIX 2. Helgi Sigurgeirson Report

APPENDIX 3. Bushtech Road Report APPENDIX 4. Exploration and Development Work / Expiry Date Change Event Detail


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1. Introduction

The Raven Property mineral claims are located on Cogburn Creek, east Harrison Lake

area described in Minfile # 092HNW078 Raven Black.

The deposit type being evaluated on the Raven property is a medium- to coarse-

grained, black gabbro to norite, referred as pyroxenite for use as a dimension stone

and/or landscape/decorative aggregate product. This was the target of historical

exploration programs, recent programs and remains the focus of current exploration

efforts.

This report addresses geological mapping in the field which occurred during September

and November, 2015.

To date, David R. Deering, P.Eng. and George E. Nicholson, P.Geo., have directed and

managed the work.

The Raven property is comprised of 24 mineral claims located in the New Westminster

Mining Division. The mineral claims are centred at approximately Latitude

49° 34’N and Longitude 121° 40’W on NTS map sheet 92H/12E which is east of

Harrison Lake in the valley of Cogburn Creek and are shown on Fig 1. The mineral

claim ownership is held jointly 50% by David Deering and 50% George Nicholson.

Mineral Claim details are shown in Table 1 and Fig 2.

Geological Assessment Report on the Raven Property - 2016 4


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Table 1. Raven Property Mineral Claim Status

Access to the Raven Property from the village of Harrison Hot Springs is via Harrison

Lake East Forestry Road for 32 kilometres north to Cogburn Main road, then

approximately 12 km east along Cogburn Creek FSR to the Raven property.

Truck access to the Raven property is possible as the North Fork Bridge at 3.4km on

Cogburn Creek FSR was repaired in 2015 for normal vehicular crossing. The Hut Creek

bridge wash-out at approximately 8.5 km on the Cogburn Creek FSR has a temporary

span installed by Lakeside Pacific Forest Products Ltd. used for vehicular crossing. The

Raven Black Quarry (Minfile #092HNW078- Past Producer) is approximately 4km past

Hut Creek.

Title Number Area (ha) Good To Date 513069 20.951 2022/OCT/13 513070 20.952 2022/OCT/13 525861 83.792 2022/OCT/13 526189 20.949 2022/OCT/13 533278 20.947 2022/OCT/13 533279 20.947 2022/OCT/13 533280 20.949 2022/OCT/13 533281 20.949 2022/OCT/13 533282 20.949 2022/OCT/13 533284 20.948 2022/OCT/13 533285 20.948 2022/OCT/13 533286 20.95 2022/OCT/13 533287 20.95 2022/OCT/13 533290 20.952 2022/OCT/13 533292 20.952 2022/OCT/13 533296 20.952 2022/OCT/13 533297 20.951 2022/OCT/13 533299 20.951 2022/OCT/13 533301 20.951 2022/OCT/13 533411 20.951 2022/OCT/13 533412 20.949 2022/OCT/13 533413 20.949 2022/OCT/13 533414 20.947 2022/OCT/13 533416 20.947 2022/OCT/13

24 mineral claims 565.6330 Hectares


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The area of the mineral claims was logged at different times approximately 30 and 50

years ago and at one time was burned over. It is now partially overgrown with younger

cedar, hemlock and balsam. Numerous old logging spur roads and “skid- trails” exist

over the mineral claims area and several of these are overgrown with alder and willows.

An old spur road or skid trail approximately 35 meters in length on the north side of

Cogburn Main was identified in 2012 and its location plotted along-side a rock bluff face.

Logging operations are proceeding intermittently in the area from Lakeside Pacific

Forest Products Ltd., a dry-sort landing and Harrison Lake barge loading facility.

2. History

The first indications of a significant ore deposit in the region were discovered in 1923

along the Stulkawhits Creek, some 25 kilometres east of Harrison Lake. The Giant

Mascot mine (Pacific Nickel Mine), near Hope, British Columbia, was the only nickel

mine in the province.

From 1959 to the curtailment of operations in 1974 a total of 4.2 million tonnes of ore was

mined and milled with a mill grade of 0.77 % Ni and 0.34% Cu per ton or tonne.

In 1974/75 Giant Mascot Inc. (Giant Mascot), the successor company to Pacific Nickel

Mines Ltd., embarked on a limited exploration program of the ultramafic belt to the

north and west of the mine area and of the intrusive Spuzzum Diorite and located

smaller occurrences of copper – nickel mineralization in mafic – ultramafic rocks at the

headwaters of Talc and Daioff Creek near The Old Settler Mountain, about 6 kms south

of Cogburn Creek Valley. Giant Mascot Inc. defined a resource of 100 million tonnes

grading 0.22% Ni and 0.22% Cu.

Another zone was also located to the north along Settler Creek by Giant Mascot in the

mid 1970’s. This zone was reported in Minfile 092HNW045 to be in a “similar setting as

the Pacific Nickel Mine in ultramafic rocks intruding the “Cretaceous Settler schist.”


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Magnetite and pyrrhotite were reported (3% and 4% respectively) with minor

chalcopyrite. Six chip samples were taken between 2.44 metres to 16.5 metres with the

best assay reported as 0.08% Ni and 0.033% Cu per ton.

Although no other significant sulphide deposits associated with mafic- ultramafic rocks

have been located within the Cogburn Creek – Settler Creek area, the ultra– mafic rocks

have been periodically explored.

The mineral claims that cover outcrops of medium-grained mafic – ultramafic, of the

Raven property were first staked in 1990 and tested for dimension stone properties by

Granite Creation. In 1996, a program of quarrying at the site of current claim number

526189 (Minfile 092HNW078) produced a series of large test blocks. These blocks were

cut into sample tiles and polished for demonstration and sales purposes; however, no

information was reported (personal communication, M. Sanguinetti).

In 1999, an exploration program was initiated at the request of Granite Creation and

reported on by Sanguinetti. The work program conducted between December, 1999

through April, 2000 consisted of detailed mapping of the well-exposed outcrop on

current claim number 526189, collection of five samples for petrographic analysis,

repairs of a logging spur road with examination of outcrop, and diamond drill sites

selected. This was followed by a 396.81 meter NQ diamond drill program in 13 holes on

the old Raven #2, Raven #9 and Eagel#2 mineral claims (current claim numbers:

533412, 526189, 533297,513069, and 533290). For marketing purposes, a bulk sample

of unknown number of blocks was quarried at Minfile site # 09HNW078 using a

diamond wire saw. Several blocks were transported to the K&L Contracting Ltd.,

Rosedale, BC, gravel pit immediately east of the Agassiz Bridge on the north side of

Highway 9. (personal communication, M. Sanguinetti).

In 2006, David Deering obtained one block weighing approximately 1.6 tonnes from one

of the previous owners, Mr John Archachan. The block was one of several extracted from

the Raven Quarry Minfile Site in 2000 by Granite Creations. David Deering had the

block processed at Margranite Industries into 12”x12” x 3/8” polished tile for preliminary

evaluation.


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During the period July 19 and July 20, 2006 a work program collected 5 rock samples for

whole rock chemical analysis at Acme Laboratories (Reference: Assessment Report dated

March 31, 2007, EV# 4120909).

A work program for the period of May 26 and July 6, 2009 consisted of the collection of

25 rock samples (OX 1- OX 25) from 3 claim claims.

Three large rock samples were collected from the Raven Property. Samples were

delivered to Metro Laboratory Testing in Burnaby, BC by David Deering for processing.

The samples were subject to Unconfined Compressive Test (ASTM D7012).

Results from the unconfined compressive strength tests indicate that Raven black

granite is very strong rock with values ranging from 144 to 187.9 MPa (20,885- 27,122

psi). As a comparison, typical granite has an average value of 131 MPa (19,000 psi).

Test results indicate that Raven black granite rock is suitable for general building and

structural purposes however, further standard testing of Raven black granite is

recommended:

1) Test Method for Modulus of Rupture of Dimension Stone

2) Test Method for Abrasion Resistance of Stone Subject to Foot Traffic

3) Test Method for Freeze / Thaw Resistance of Dimension Stone

4) Other Physical Properties Tests


3. Work Program

3.1 GeoMinEx Consultants Inc. – Geological Assessment Report

Geological mapping by GeoMinEx Consultants Inc. Vancouver, BC, Canada was

carried out during the period September 18, 2015 & November 6, 2015; and

prepared a Raven Property, British Columbia, Canada NI 43-101 Technical Report,

Effective Date: December 31, 2015 which is located in the Appendix 1.

Recommendation by GeoMinEx are as follows:

“It is recommended that Raven Quarries carry out additional exploration efforts

on the Raven property. An initial $285,000 exploration program is

recommended. See table 26.0. The priority area in the central portion of the

Raven property contains intriguing outcrops of medium to coarse grained

ultramafic rock for potential use as dimension stone. The recommended Phase

One program focuses on a combination of detailed geological mapping and

geochemical sampling along with permitting, First Nations consultations,

administrative activities, ASTM test work and preliminary market studies.

Detailed geological mapping at the Raven #1 Quarry site and the proposed Raven

#2 Quarry site should include; determining the width and periodicity of fault-

fracture domains, alteration mapping on the intensity and frequency of annealed

“veins”, and geological mapping with geochemistry of outcrop samples to aid in

defining lithological variations along strike and vertically and which lithologies

are best suited for dimension stone. It may be necessary to strip outcrop areas i.e.

Raven #2 area, by removing thin overburden and trees and then wajax those

areas in order to have well exposed outcrop areas. The establishment of cut grid

lines perpendicular to the Cogburn Creek valley would aid in geological mapping

of outcrops above the valley floor on the steep-sided, heavily vegetated slopes.

Preliminary market studies include the preparation of tiles and aggregate for

presentation purposes. The author recommends that Raven Quarries continue

preliminary consultations with local First Nations representatives and complete

the required permitting and bonding required by the appropriate government

agencies. The size and scope of the Phase Two program, consisting of 2,000

metres of definition drilling, to be guided by the results of Phase One geological


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mapping and sampling, and extraction of up to 1,000 tonnes in block form and

1,000 tonnes for aggregate would be contingent on both the positive results of

Phase One exploration and preliminary market studies. A preliminary budget of

$2,669,000 is suggested.”

3.2 Helgi Sigurgeirson, P.Geo. - Memo Report

Geological mapping and prospecting by Helgi Sigurgeirson and David Deering was

carried out during the period September 11-14, 2015. Priority was given to the Raven

area around the previously quarried site (MinFILE: RAVEN BLACK #092HNW078)

past producer. The quarry site was surveyed (2 section lines across the outcrop area

and previous 1999 drilled holes DDH 1-3), and carefully mapped for fracture density

and the overall suitability of the site for continued test quarrying. Other areas

examined include the area around DDH 7-10 with an assessment of fracture density

and nearby outcrops. (See Figure 3 and Mapping Prospecting Report on the Raven

Black Rock Property, Dated October 2, 2015 - by Helgi Sigurgeirson, P.Geo. in

Appendix 2).

Conclusions reached for the priority area around the Raven Test Quarry, from the

memo report are as follows:

“The outcrop is essentially divided into a series of steeply west dipping panels by

the dominant joint set. The moderately dipping, NE striking joints would likely

make it difficult to extract large blocks out of the central part of the outcrop.

Overall, the degree of fracturing appears to be lower to the NE, but this can't be

confirmed due to cover. It should be possible to extract blocks from the west and

east ends of the outcrop, and possibly to the NE. Benching on the east side will

be limited by the presence of a small creek there. If the overburden is cut down

about 2 m to allow access to more rock and more outcrop is exposed by

stripping, approximately 8000 – 10 000 tonnes of stone may be accessible

(Figures 9 - 11). Assuming a waste factor of about 85%, it should be possible to

produce around 1500 tonnes of blocks. There is a discrepancy between the

amount of fracturing recorded in the drill logs of DDH 1 – 3 and the amount

seen on the outcrop. More fracturing is reported in the logs. This is likely due to

some fractures being missed in the outcrop exam, but may also reflect breakage

caused by the drilling process. The actual fracture density is probably between

the two. This is the main source of uncertainty in estimating the waste factor,


and therefore the volume of blocks that may be produced. Another source of

uncertainty is the ground profile and degree of fracturing in those areas to be

stripped.

Note that the outcrop should be cleaned off with a pressure washer and carefully

examined again before bulk sampling commences.”

3.3 Bushtech BC - Road Access Survey

An assessment of the network of roads near the proposed site was completed by

Bushtech BC Ltd. over 4 days during the month of September, 2015. Cogburn FSR

is the mainline consists of approximately 14 km of road that leads to the Raven

Quarry site located on the property and beyond. (See report in Appendix 3). The

Cogburn Creek FSR is in relatively good shape given the age and used for logging. A

concrete / steel bridge crossing at North Fork Creek was replaced in 2015; and, a

second bridge crossing at Hut Creek is a temporary bridge that provides access to

vehicular traffic. General road repairs are made on an annual basis by Lakeside

Pacific Forest Products Ltd. Several kilometers of the road are located on the

existing mineral tenures.

A fish study is required to confirm species in Cogburn Creek.


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4. Statement of Expenditures


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5. Statement of Qualifications - David R. Deering

I, DAVID R. DEERING of 7954-18th Avenue, Burnaby, British Columbia V3N 1J6 hereby certify that:

1. I graduated with a Dipl. Tech. (Mining Technology) from the British Columbia

Institute of Technology (BCIT) in 1969.

2. I graduated with a B. Sc. (Mining Engineering) degree from the Colorado School of Mines in 1971.

3. I have been employed in my profession with various companies since 1971.

4. I am a registered member of the Association of Professional Engineers and Geo-

Scientist of British Columbia and have been since 1981.

5. I am responsible for preparation of all sections of this report utilizing data summarized in the References section of this report.

6. Ownership interest of the mineral claim claims is held jointly 50 % by David

Deering and 5 0 % George Nicholson.

7. I am responsible for this report and the opinions expressed herein.

8. There are no material facts or material changes in the subject matter of this report that would mislead the reader.

Signed in Burnaby, British Columbia, on the 2 9 th day of December, 2016.


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APPENDIX 1

Geominex Report

Raven Property British Columbia, Canada

New Westminster Mining Division:

Latitude: 49° 55’ N Longitude: 121° 48’W UTM Zone 10U (NAD 83) 598390E/5491926N

NTS Map Sheet 92 H/12E

NI 43-101 Technical Report

Prepared for:

Raven Quarries Ltd. Vancouver, B.C., Canada V6B 1N2 Effective date: December 31, 2015 Prepared by:

Brian Game, P.Geo. GeoMinEx Consultants Inc.

TABLE OF CONTENTS Page 1.0 SUMMARY 1

2.0 INTRODUCTION AND TERMS OF REFERENCE 5

3.0 RELIANCE ON OTHER EXPERTS 8

4.0 PROPERTY DESCRIPTION AND LOCATION 9

5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE 14

AND PHYSIOGRAPHY

6.0 EXPLORATION HISTORY 15

7.0 GEOLOGICAL SETTING & MINERALIZATION 22

8.0 DEPOSIT TYPE 26

9.0 EXPLORATION 27

10.0 DRILLING 29

11.0 SAMPLE PREPARATION, ANALYSIS AND SECURITY 29

12.0 DATA VERIFICATION 30

13.0 MINERAL PROCESSING AND METALLURGICAL TESTING 31

14.0 MINERAL RESOURCE ESTIMATES 31

15.0 MINERAL RESERVE ESTIMATES 31

16.0 MINING METHODS 31

17.0 RECOVERY METHODS 31

18.0 PROJECT INFRASTRUCTURE 32

19.0 MARKET STUDIES AND CONTRACTS 32

20.0 ENVIRONMENTAL STUDIES, PERMITTING, 32

AND SOCIAL OR COMMUNITY IMPACT

21.0 CAPITAL AND OPERATING COSTS 32

22.0 ECONOMIC ANALYSIS 32

23.0 ADJACENT PROPERTIES 32

24.0 OTHER RELEVANT DATA AND INFORMATION 32

25.0 INTERPRETATION AND CONCLUSIONS 33

26.0 RECOMMENDATIONS 34

27.0 REFERENCES 37

28.0 AUTHOR CERTIFICATE, SIGNATURE AND CONSENT 39

LIST OF TABLES

Page

Table 4.2 Raven Property Claim Statistics 11

Table 6.4 Compressive Strength Results 21

Table 26.0 Proposed Exploration Budget 34

LIST OF FIGURES Figure 4.1 Location Map 10 Figure 4.2 Claim Map 12 Figure 6.1a 1999-2000 Diamond Drill Program Plan 16 Figure 6.1b Raven 1 Quarry Geology, Drill Hole Location And Sample Location Map 17 Figure 6.1c Raven 2 Quarry Site Drill Hole Locations 2000 18 Figure 7.1a Regional Geology Map 23 Figure 7.1b Regional Geology Map Legend 24 APPENDICES Appendix A: Structural and Alteration Observations in Pyroxenitic Dimension Stone by Allan Miller, PhD, P.Geo

Raven Property, British Columbia, NI 43-101 Technical Report Page 1

1.0 SUMMARY

This independent technical report summarizes known information pertaining to the Raven dimension stone project. This report describes the underlying geology of the project area, summarizes the property’s exploration history, reviews the nature of the property mineralization and makes recommendations for further exploration. This report was prepared at the request of Raven Quarries Ltd. (“Raven Quarries”) and was written under the guidelines of Canadian National Instrument 43-101.

The Raven dimension stone property is located in southwestern British Columbia, Canada, approximately 44 kilometers northeast of Harrison Hot Springs. The property is accessible from Harrison Hot Springs via the Harrison Lake East Forestry Service Road north for 32km to the Cogburn Main Road and then 12km east along the Cogburn Creek Forest Service Road.

The property consists of a single contiguous block of 25 mineral claims, covering 712.26 hectares or 1,760 acres. The sole registered owner of the claims comprising the Raven project is Raven Quarries Ltd. Raven claims are in the New Westminster Mining Division.

As of the effective date of this report, no exploration permits or reclamation bonds are in place for future large-scale mineral exploration. However, a Notice of Work application is in process, sufficient to complete the recommended Phase One and Phase Two work programs, and will be submitted to the B.C. government when all requirements have been met, including consultations with First Nations. Past work by previous explorationists had modest surface disturbance and pre-date requirements for modern type exploration permits. The recommended exploration programs will require B.C. Provincial permits, cash bonding and First Nations consultations to proceed. To the best of the author’s knowledge there are no existing environmental liabilities for the property.

Exploration at Raven has outlined significant large blocky outcrops of medium to coarse grained black ultramafic rock, locally termed pyroxenite, at two principal locations; the Raven #1 Quarry site and the proposed Raven #2 Quarry site. A prominent feature of the Raven pyroxenite is the presence of lighter blue-green annealed “veins” which impart a unique attractive appearance to the rock on both broken or cut and polished surfaces. Raven Quarries Ltd. intends to further explore the Raven property to determine if a commercially viable deposit or deposits of pyroxenite exists for dimension stone for polished building materials, building stone, large sized landscaping and decorative rock and crushed decorative landscape rock. Preliminary investigation by Raven Quarries indicates that the major potential value appears to be associated with the cut and polished rock.

The Raven property is located in the East Harrison Lake Belt (“EHLB”) which is comprised of two tectonostratigraphic units of different ages; the Triassic-Cretaceous greenschist facies volcanosedimentary Slollicum Schist, the Paleozoic-Mesozoic amphibolite facies volcanosedimentary Cogburn Schist, and two plutonic suites; the ultramafic rocks that form the Giant Mascot Intrusion and the meta diorite-gabbro of the Yellow Aster Complex. The latter two plutonic suites are spatially and temporally associated with the Cogburn Schist sequence. These tectonostratigraphic units are subsequently intruded by the mid to late Cretaceous dioritic


Spuzzum Pluton. The pyroxenitic rocks that underlie the Cogburn Creek area of the Raven property belong to the pyroxenite-peridotite-dunite suite that forms the central portion of the Giant Mascot Intrusive Complex.

The EHLB is located within the southwestern corner of the Coast Plutonic Complex. Folds and thrust faults in the EHLB define a north-northwest regional structural architecture. This regional structural pattern is overprinted by north and north-northeast faults; fault trends that should also be present on the Raven property.

The outcrops of ultramafic rocks of the Raven property were first staked in 1990 and then again in 1995 and tested for dimension stone properties by Granite Creation and Stoneworks Ltd. (“Granite Creation”). In 1996, a program of test quarrying at the Raven #1 Quarry site reportedly produced a series of large test blocks which were cut into sample tiles and polished for demonstration and sales purposes.

In December 1999 through April 2000, Granite Creation conducted exploration at Raven consisting of detailed structural mapping of the exposed outcrop at the Raven #1 Quarry site, collection of samples for petrographic analysis, examination of outcrop at the proposed Raven #2 site and a diamond drill program of 13 shallow holes.

Detailed structural mapping from the Raven #1 site was directed towards examining the outcrops for areas where standard sized blocks could be quarried without excessive loss due to fracturing, shearing or sulphide mineral content. Widely spaced fractures were mapped with the dominant direction of 155° to 160° with a steep dip of 68° to the west. Spacing between these fractures was noted to be from 3 to 14 metres. An easterly striking fracture was also mapped at 066° with a dip of 59° to the southeast. A series of narrow (1mm to 3mm) “veins” striking at 070° to 075° were noted as well. A petrographic description showed the vein to be a fracture which has been filled and healed with a fine grained fibrous aggregate of chlorite, with weak green-blue pleochroism, as well as fine opaques and a little quartz. It was noted by Granite Creations that these healed, vein-filled fractures imparted a greater strength to the host pyroxenite than rock without “veining”. The Raven #1 Quarry site contains a small inclusion of pale grey-green tuff on the east side, probably a xenolith. The petrographic description showed a crude layering around the xenolith as distorted flow layering or banding. A weak alignment of the larger clinopyroxene crystals was noted which gives the cut rock surface a unique reflective lustre.

Diamond drilling consisted of 396.8 metres in 13 shallow holes averaging approximately 30 metres. Three drill holes tested the Raven #1 Quarry site outcrop for frequency of fracturing and to explore the consistency of grain size, colour, texture and composition and form the basis for future extraction of dimension stone blocks and preliminary resource determination. A further ten diamond drill holes were drilled approximately 1,800 metres to the west in the area of the proposed Raven #2 Quarry site where an examination of outcrops indicated a similar pyroxenite composition with irregular chloritic veining as that observed at the Raven #1 Quarry site. The petrographic description of a sample collected in this area indicated that the outcrop was slightly more felsic than samples from the Raven #1 Quarry site.

In 2005 and 2006 the current claims comprising the Raven property were acquired through staking by 606896 B.C. Ltd., a company controlled by David Deering. A limited surface sampling program was conducted during July, 2006 consisting of the collection of six surface samples.


One rock sample from the Raven #1 Quarry site and five rock samples from a large boulder at the base of a large talus slope on the Cogburn Main road were submitted for whole rock analysis. Preliminary whole rock results showed that the large float boulder and the outcrop at the Raven #1 Quarry site are ultramafic rocks of very similar composition. In addition, Deering obtained a 1.6 tonne cut block stone from the Raven #1 Quarry site which was subsequently processed into 12 inch by 12 inch (30cm x 30cm) tiles.

In May and July, 2009 606896 B.C. Ltd. conducted a program of rock sampling to test a variety of ultramafic rocks in the Cogburn Creek valley containing minor amounts of sulphide mineralization for the presence of primarily Ni and Cu. A total of 25 samples were collected in the Cogburn Creek area. In addition, a 100kg sample of pyroxenite rock from the Raven #1 Quarry site was collected for future crushing and screen tests. Rock samples were analyzed by 35 element ICP-AES and values were low, ranging from 9 ppm to 495 ppm for Ni and 11 ppm to 303 ppm for Cu.

In December 2011, following an initial site visit in June 2008, McGauley Consultants Limited reviewed all of the relevant material regarding the Raven project and developed a proposed next phase for the project including a pre-feasibility study and business plan. The preliminary conclusions and discussions that McGauley presented included a highly conceptual estimate of the recoverable volume of dimension stone that could be used for decorative purposes utilizing existing geological information. As well, a preliminary value for the stone was developed by obtaining the value of dimension stone of similar characteristics.

In November 2012, Deering and Nicholson collected three large rock samples from the Raven property in order to perform compressive rock quality tests. Samples were taken from the waste lay down area directly across the road from the historical Raven #1 quarrying operation, from the Raven #1 Quarry site and from the bank of the north side of Cogburn Road. The samples were delivered to Metro Laboratory Testing Ltd. in Burnaby, B.C. and subjected to Unconfined Compressive Testing (ASTM D7012). Results from the unconfined compressive strength tests confirmed that the Raven pyroxenite is a very strong rock, suitable for general building and structural purposes.

In September 2015, Allan Miller, PhD, P.Geo of Geominex Consultants Inc. was contracted by Raven Quarries to geologically appraise the Raven property. Miller examined slabbed and polished samples of dimension stone from the Raven #1 Quarry site and conducted a detailed examination of outcrop at the #1 Quarry site and outcrops in the area of the proposed Raven #2 Quarry site. Miller examined the structure, alteration and primary magmatic variations of the pyroxenitic rocks and provided observations and recommendations for further work. Some of these recommendations have been integrated into the Phase One and Phase Two recommendations made by the author in section 26.0 of this report.

The author inspected the property on November 6, 2015. The independent property audit includes a general project site examination and review of property geology, including styles of alteration and examination of faulting/fracturing. The author reports that overall, geology, mineralization and showings referred to in the historical records are genuine. Independent visual assessments by the author have confirmed the nature of reported dimension stone mineralization.


It is recommended that Raven Quarries carry out additional exploration efforts on the Raven property. At an estimated cost of $285,000, the Phase One program should focus on detailed geological mapping and geochemical sampling at the Raven #1 Quarry site and the proposed Raven #2 Quarry site. Detailed mapping and sampling should be directed towards determining the width and periodicity of fault-fracture domains, alteration mapping on the intensity and frequency of annealed alteration “veins” , and geological mapping with geochemistry of outcrop samples to aid in defining lithological variations along strike and vertically and which lithologies are best suited for dimension stone. Phase One should also include permitting, First Nations consultations, administrative activities, ASTM test work and preliminary market studies.

The size and scope of the Phase Two program, consisting of 2,000 metres of definition drilling and extraction of up to 1,000 tonnes in block form and 1,000 tonnes for aggregate would be contingent on the positive results of Phase One exploration and preliminary market studies. A preliminary budget of $2,669,000 is suggested.


2.0 INTRODUCTION AND TERMS OF REFERENCE

2.1 Introduction

This technical report summarizes the exploration history and geological information for the Raven ultramafic intrusive rock occurrence. The property is located in southwestern British Columbia, approximately 44 kilometres northeast of Harrison Hot Springs. Past property exploration efforts have focused on a deposit of medium to coarse grained black pyroxenite, for potential use as a dimension stone, located in the central property area.

Raven Quarries Ltd. owns 100% of the mineral rights to the Raven property. Recommendations contained herein are for a Phase One exploration program including detailed geological mapping and geochemical sampling, permitting, First Nations consultations, administrative activities, ASTM test work and preliminary market studies. Phase Two exploration is contingent upon positive results of Phase One exploration, including positive feedback from preliminary market studies.

2.2 Terms of Reference

George Nicholson, director of Raven Quarries Ltd. requested the author review the Raven project and prepare a technical summary for the property. This report has been prepared under the guidelines of Canadian National Instrument 43-101 (“NI 43-101”). Raven Quarries requires a current NI 43-101 compliant technical report and has retained the author to update the company’s technical reporting. Raven Quarries Ltd. is a private registered company with an office at 701-675 West Hastings Street, Vancouver, British Columbia.

All currencies are in Canadian dollar denominations and measurements are in metric units (unless otherwise noted). All report plan and geology maps are plotted in NAD 83, Zone 10U as UTM coordinates, metric base (unless otherwise noted).

The author has reviewed the geologic data provided by Raven Quarries. While visiting the property on November 6, 2015, B. Game examined select showings and reviewed the historically reported mineralization.

2.3 Purpose of Report

The purpose of this report is to submit an independent evaluation of the exploration potential of the Raven property and to summarize the underlying data from which that assessment is made. Recommendations are made herein to undertake further exploration in order to determine the extent of mineralization currently known on the property. The report conforms to the guidelines of Canadian National Instrument NI 43-101.


2.4 Sources of Information

Sources of information utilized in the creation of this report include exploration, geological and other reports available in the public record and from private corporate files. Where cited, references are referred to in the text by author and date. Complete references are provided in Section 27. This report relies largely on the information contained in private corporate reports, published British Columbia Government reports and maps and also B.C. Government A.R.I.S. Assessment Report files. Recommendations made herein are based primarily on these documents.

The author conducted a research study of all available reports, publications and other documented results concerning the project. The studies were undertaken through various British Columbia and Canadian Government websites.

The author has had conversations with Raven Quarries’ principals regarding the property’s corporate files and also regarding Raven Quarries’ plans for the property.

2.5 Field Examination

The author of this report, Brian Game P.Geo, conducted a field visit to the Raven property on November 6, 2015. The following objectives were accomplished: project site examination, review of geology and styles of mineralization reported in the historical records. The author believes that sufficient sites of significance were inspected to make a quality assessment of the Raven property.

2.6 Definitions DDH diamond drill hole (core) NQWL NQ Wire Line diamond drill core km kilometer(s) cm centimetre(s) mm millimetre(s) m metre(s) ha hectare NAD North American Datum UTM Universal Transverse Mercator Cu copper Ni nickel Au gold Pt platinum Pd palladium py pyrite po pyrrhotite cpy chalcopyrite PGE Platinum Group Element ppm parts per million, equivalent to grams per tonne MPa mega Pascal Psi pounds per square inch


Data generated at Raven utilize SI (metric) units in this Technical Report. Assay and/or geochemical data may be presented as parts per million (ppm) and its’ equivalent grams per tonne (gpt) or ounces per tonne (opt). Where relevant, conversions between different units used in this report were calculated utilizing the factors supplied by the BC government Ministry of Energy Mines website using the following conversion factors. 1 meter 39.370 inches 1 meter 3.28083 feet 1 kilometer 3,280 feet 1 kilogram 2.20462 pounds 1 tonne 2,204.62 pounds 1 gpt 1 ppm 1 hectare 2.471 acres = 10,000 sq meters = 0.00386 sq miles 1 MPa 145.038 psi Outcrop: a surface exposure of bedrock Subcrop: a poor exposure of bedrock, which is not fully in place Float: rock found on surface from an undetermined bedrock source. Pyroxenite: an ultramafic plutonic igneous rock, primarily consisting of pyroxene group minerals such as augite, bronzite, diopside, enstatite or hypersthene. They are often coarse grained with large (>5mm) crystals. Dimension Stone: a natural rock which has been quarried and shaped to meet specific requirements for use in the construction, building and monument industries. A.S.T.M.: The American Society for Testing and Materials, founded in 1898, is a scientific and technical organization formed for “the development of standards on characteristics and performance of materials, products, systems and services and the promotion of related knowledge”. MPa: Mega Pascal Psi: pound force per square inch Pleochroism: a natural phenomenon in which a substance appears to be different colours when observed at different angles, especially with polarized light. All currencies are in Canadian dollar denominations and measurements are in metric units (unless otherwise noted).


3.0 RELIANCE ON OTHER EXPERTS

The author has relied on both private corporate and publicly available information on the Raven project. Critical components include historical property assessment reports, private company reports, B.C. and Canadian Federal Government publications and websites. The author has reviewed the private and public data and believes them to be accurate and reliable in their collection, disclosure and analysis of results and therefore can be relied upon and can be used for project evaluation and determination of value of the project. In cases of uncertainty, the author has qualified that information with accompanying clarification and explanation.

The author, not an expert in legal matters, is required by NI 43-101 to include a description of the property title, terms of legal agreements and related information in Section 4.2 of this report. The author has relied on property agreement information provided by George Nicholson and claim information from British Columbia Mineral Titles Office in order to provide summaries of title, ownership and related information. The author has relied on documents provided by George Nicholson (director of Raven Quarries). A careful review of the Raven claim title information was conducted by the author on November 10, 2015, via the British Columbia Mineral Titles inquiry website. The results of this review are discussed in Section 4.2 of this report. An independent verification of land title and tenure was not performed and as such this report does not represent a legal title opinion.


4.0 PROPERTY DESCRIPTION AND LOCATION

4.1 Property Area and Location

The Raven property is located in southwestern British Columbia, Canada in the New Westminster Mining Division approximately 44 km northeast of the village of Harrison Hot Springs (Figure 4.1). The property is centred approximately at latitude 49° 55’ North and longitude 121° 48’ West (UTM Zone 10U 598390E/5491926N NAD83) on NTS map 092H/12E or BCGS map 092H052 (Figure 4.1). The property stretches roughly 4 km east to west and 2 km north to south covering approximately 712 hectares.

4.2 Claims and Title

The Raven property consists of a single contiguous block of 25 Mineral Tenure Online (MTO) mineral tenures acquired through staking and encompasses an area of 712.26 hectares or 1,760 acres (Figure 4.2). All 25 of the claims are registered to Raven Quarries Ltd. Table 4.2 lists the details of the property mineral tenures.

By virtue of the Mineral Tenure Act of the Province of British Columbia, Raven Quarries has the right to access the land it legally owns for the purposes of conducting mineral exploration. The surface rights holder for the land covered by the Raven claims is property of the “Crown”, i.e. the Province of British Columbia (notwithstanding any ongoing First Nations treaty negotiations).

The common good standing date of 24 of the 25 Raven claims is August 15, 2017 with one recently acquired claim (tenure #1039284) in good standing until October 13, 2016. The mineral titles were acquired online and thus claim locations are determined as plotted on MTO maps. There are no claim posts or lines marking the location of the MTO claims on the ground. In order to maintain the Raven mineral tenures in good standing with respect to the British Columbia Government, certain annual cash payments (cash in lieu of work) or equivalent exploration expenses in on-the-ground-based exploration work must be applied to the claims (supported by assessment reports in the case of exploration work). Expenses from valid exploration programs can be applied to the mineral titles within one calendar year of when the work was performed and can extend the expiration dates of the property for up to a maximum of 10 years.


Figure 4.1 Location Map


Table 4.2 Raven Property Claim Statistics

Tenure Number

Claim Name

Property Owner

Issue Date

Good to Date Area (ha)

513069 BUF 1 Raven Quarries 19-May-05 15-Aug-17 20.95 513070 BUF 2 Raven Quarries 19-May-05 15-Aug-17 20.95 525861 RAV 1 Raven Quarries 19-Jan-06 15-Aug-17 83.79 526189 RAVEN BLACK Raven Quarries 25-Jan-06 15-Aug-17 20.95 533278 R 1 Raven Quarries 01-May-06 15-Aug-17 20.95 533279 R2 Raven Quarries 01-May-06 15-Aug-17 20.95 533280 R 3 Raven Quarries 01-May-06 15-Aug-17 20.95 533281 R 4 Raven Quarries 01-May-06 15-Aug-17 20.95 533282 R 5 Raven Quarries 01-May-06 15-Aug-17 20.95 533284 R 6 Raven Quarries 01-May-06 15-Aug-17 20.95 533285 R 7 Raven Quarries 01-May-06 15-Aug-17 20.95 533286 R 8 Raven Quarries 01-May-06 15-Aug-17 20.95 533287 R 9 Raven Quarries 01-May-06 15-Aug-17 20.95 533290 R 10 Raven Quarries 01-May-06 15-Aug-17 20.95 522292 R 10 Raven Quarries 01-May-06 15-Aug-17 20.95 533296 R 11 Raven Quarries 01-May-06 15-Aug-17 20.95 533297 R 12 Raven Quarries 01-May-06 15-Aug-17 20.95 533299 R 13 Raven Quarries 01-May-06 15-Aug-17 20.95 533301 R 14 Raven Quarries 01-May-06 15-Aug-17 20.95 533411 BUF 1 WEST Raven Quarries 02-May-06 15-Aug-17 20.95 533412 RQ 1 Raven Quarries 02-May-06 15-Aug-17 20.95 533413 RQ 2 Raven Quarries 02-May-06 15-Aug-17 20.95 533414 RQ 3 Raven Quarries 02-May-06 15-Aug-17 20.95 533416 RQ 4 Raven Quarries 02-May-06 15-Aug-17 20.95 1039284 Raven Quarries 13-Oct-15 13-Oct-16 146.62 Total Area 712.26 ha NOTE: The claim information of Table 4.2 is not a legal title opinion but is a compilation of claims data based on the author’s review of the government of British Columbia Mineral rights inquiry web site (December 10, 2015). The claims are located on BCGS Map 092H.052. The sole registered owner of the claims comprising the Raven project is Raven Quarries Ltd. (MTO Client #281955) of Vancouver, B.C. The principal known mineralized zones at Raven are the Raven #1 Quarry Site and proposed Raven #2 Quarry Site. The Raven # 1 Quarry site is called the Raven Black in the B.C. Minfile report (Minfile #092HNW078-Past Producer).These prospects are described in Section 7.2 and their locations relative to the property boundaries are shown in Figure 4.2.


Figure 4.2 Claim Map


4.3 Environmental Liability, Permits, Bonds and other Significant Risk Factors

The author, not an expert in political, environmental and societal matters, is required by NI 43-101 to comment on the environmental, permitting, First Nations treaty negotiations, societal and community factors related to the project. To this end, the author has relied on British Columbia and federal publications, reports and websites, guidance by Raven Quarries, and also a general working knowledge of the mineral exploration industry in British Columbia. The author has reviewed these data and believes them to be accurate and reliable in their collection and disclosure.

Potential environmental liabilities associated with historic exploration at the property have not been investigated thoroughly or verified by the author, but no significant environmental liabilities are apparent. Mine workings on the property consist of a small test quarry site where a limited amount of ultramafic rock was removed. There are no tailings ponds, waste deposits or other significant natural features on the claims that may impact future development of the property. There is a small amount of word debris associated with previous operations that could be hauled away or burned. No archeological studies have been carried out at Raven.

In order to conduct work on the Raven property, Raven Quarries must obtain permits from the British Columbia Ministry of Energy Mines and Petroleum Resources (“BCEMPR”). Raven Quarries has informed the author that a Notice of Work (“NOW”) for the B.C. government is in process, and will be submitted as soon as all conditions have been met. These conditions include consultations with First Nations and additional permits including Ministry of Forests License to Cut, Road Use from local logging interests as well as BCEMPR Bulk Sample and Explosives Storage permits and Emergency Response Plan. The property lies within the Coast Forest Region (Chilliwack District) of the British Columbia Ministry of Forests.

There are no First Nations reserves located on or in the immediate proximity of the Raven project.

According to information supplied to the author by Raven Quarries, the Company has engaged the services of Robert and Rebecca Hall from the Skowkale Indian band in Chilliwack, B.C., and part of the Sto’Lo Nation, to undertake the First Nations traditional territory reviews, recommendations and to establish relationships and carry out consultations. It has been confirmed that the Raven claims lie within Chehalis band territory and an initial meeting with Harvey Paul, the new chief of the band, has been completed. As well, two senior elders for the band were given a tour of the property on November 21, 2015 along the road of all the targeted activity sites within the pending Notice of Work

The author is not aware of any significant risks or uncertainties or any reasonably foreseeable impacts thereof that could reasonably be expected to affect the Raven project’s future potential, other than uncertainties related to ongoing First Nations treaty negotiations.

.


5.0 ACCESSIBILITY, CLIMATE, LOCAL RESOURCES, INFRASTRUCTURE AND PHYSIOGRAPHY

Access to the property is gained from the village of Harrison Hot Springs by taking the Harrison Lake East Forestry Road 32 km north to the Cogburn Main Road and then 12 km east along the Cogburn Creek Forest Service Road to the main property workings. Numerous old logging spur roads exist over the property, but are generally overgrown with alder and willows and immature mixed evergreens.

The area has a typical south coast climate characterized by a wide temperature range with warm summers, cool winters and moderate to high precipitation. At Harrison Hot Springs, the annual average temperatures are 17.8 degrees Celsius in summer and 2.5 degrees Celsius in winter, with annual rainfall averaging 206.1 cm and annual snowfall averaging 82 cm respectively.

The property is generally snow-free from about April to November. Normal surface operations should be completed during this period. Drilling and other surface operations including quarrying can be completed 12 months of the year with adequate winter equipment.

The most accessible major supply center is Hope (population 6,170), 30 km to the southeast where supplies and services adequate to explore the property can be found. The major communities of Chilliwack, Abbotsford, and Vancouver, located up to two hours drive away along Highway 1 to the west, also provide a wide variety of services.

A skilled labour force for mining and exploration is available in Hope, Chilliwack and Abbotsford, as well as a number of other surrounding communities.

The property has generally rugged topography. Overall relief is about 800 m with elevations ranging from about 400 m at the Raven #1 site to about 1200 m on the northern edge of the property. The valleys are steep sided with typical rain forest vegetation of the Coastal range of British Columbia. The area of the property has been logged at different times approximately 45 to 65 years ago and is now partially overgrown with cedar, hemlock and balsam. Undergrowth consists of salal, devil’s club and assorted berry bushes.

Despite the relatively rugged terrain, there exist ample areas on the property for all aspects of a large quarrying operation near the valley floor of Cogburn Creek, including adequate areas for plant, waste disposal, and other recovery designs. Water for mining purposes is abundant, most prominently from Cogburn Creek. The nearest power supply for a large mining operation is located approximately 20 km southeast of the property along American and Ruby Creeks. Intermittent active logging occurs in the area from Lakeside Pacific Logging Co. utilizing a dry-sort landing and Harrison Lake barge loading facility. Active logging operations are currently underway in the area with continued operations planned for 2016. Logging roads are maintained at main haulage standards with new bridges recently installed by Lakeside Pacific Logging. Grading and ditching of the haulage roads is an ongoing requirement.


6.0 EXPLORATION HISTORY The ultramafic rocks of the Stulkawhits Creek area and west across the area of the Cogburn Creek valley have been explored for copper, nickel and platinum group metals from the 1920’s culminating in the discovery and development of the Giant Mascot Ni-Cu-PGE mine located approximately 15 km southeast of the Raven property (Figure 7.1a). While no significant sulphide deposits associated with the diorite, gabbro and ultramafic rocks were located within the Cogburn Creek- Settler Creek area, the presence of ultramafic rocks was noted.

The Raven and Eagle claims, that cover outcrops of medium grained ultramafic rocks of the Raven property, were first staked in 1990 and then again in 1995 and tested for dimension stone properties by Granite Creation and Stoneworks Ltd. In 1996, a program of test quarrying on the Raven 9 claim (current MTO mineral tenures 526189 and 533412), the Raven #1 Quarry site, produced a series of large test blocks cut by diamond wire method. These blocks were reportedly cut into sample tiles and polished for demonstration and sales purposes (Sanguinetti, 2000). No information on the results of this work is available to the author.

6.1 Granite Creation and Stoneworks Ltd.: 1999-2000

In December 1999 through April 2000, Granite Creation conducted exploration consisting of detailed mapping of the well exposed outcrop at the Raven #1 Quarry site, collection of five samples for petrographic analysis, repairs of a logging road spur to the Raven #2 Quarry site with examination of outcrop, and a modest diamond drill hole program of 13 shallow holes.

The outcrop from which the test blocks had been previously quarried on the Raven#1 Quarry site was mapped in detail. Particular attention was directed towards examining the outcrops for areas where standard sized blocks could be quarried without excessive loss due to fracturing, shearing or sulphide mineral content. Detailed structural information was collected including orientations and spacing of principal and subsidiary fracture directions.

Compositions of four specimens from the Raven #1 Quarry site and one sample from a similar looking outcrop approximately 1,800 metres west of the #1 Quarry site were described in hand specimens and in thin sections in a report for Granite Creation by Leonard Gal, P.Geo.

During the period April 5 to April 15, 2000 a diamond drill program consisting of 396.81 metres of NQWL (47.6mm core diameter) diamond drilling in 13 holes was completed (Figures 6.1a, 6.1b & 6.1c). In addition, a logging road to the Raven #2 Quarry site was cleaned out, upgraded and culverts installed to provide access for diamond drill sites. Diamond drill holes 2000-1, 2000-2 and 2000-3 were drilled to test the Raven #1 Quarry site outcrop for frequency of fracturing and to explore the consistency of grain size, colour, texture and composition and form the basis for future extraction of dimension-stone blocks and a preliminary resource determination. Diamond drill holes 2000-4 through 2000-13 were drilled approximately 1,800 metres to the west at the proposed Raven #2 Quarry site. The drill core was taken to the village of Harrison Hot Springs where it was measured, logged and stored. In logging, special attention was paid to colour, grain size and frequency and angle


Figure 6.1a 1999-2000 Diamond Drill Program Plan


Figure 6.1b Raven 1 Quarry Geology, Drill Hole Location and Sample Location Map


Figure 6.1c Raven 2 Quarry Site Drill Hole Locations 2000


of fracturing. A number of samples were selected for petrographic work. Eight representative sections of 0.5 to 1.0 metre length were selected and polished to 5000 grit to display the favourable characteristics of the material as a commercial dimension stone.

Sulphide intervals were noted in DDH-2000-5 and two short samples were split. These two core samples as well as eight grab sludge samples from the collars of eight drill holes were submitted to Acme Analytical Laboratories of Vancouver, B.C. and analyzed for 30 element ICP-ES analyses and fire assay by ultra/ICP for Au, Pt and Pd. No significant results were obtained from these samples.

6.2 606896 B.C Ltd.: 2006 and 2009

In 2005 and 2006 the current claims comprising the Raven property were acquired through MTO staking by 606896 B.C. Ltd.

A limited surface sampling program was conducted by David Deering on behalf of 606896 Ltd, during the period July 19-20, 2006. A total of one rock grab sample was collected from the Raven #1 Quarry site and five grab samples were taken from a large float boulder, estimated by Deering to be greater than 500 tonnes, located at the base of a talus slope on the Cogburn Main road. In total, six samples were collected and submitted to Acme Analytical Laboratories in Vancouver, B.C. for whole rock analysis.

Preliminary whole rock results showed that the large float boulder and the outcrop at the Raven #1 Quarry site are of very similar composition.

In addition, Deering obtained a 1.6 tonne dimension cut block stone from the Raven #1 Quarry site that was stored at the Rosedale Gravel Pit. The cut block was processed into 12 inch by 12 inch (30 cm x 30 cm) tiles and the polishing index was measured at 9.40 indicating a quality finish. The polished tiles exhibited unique blue-green veinlets and high definition dark brown to black mass crystals (Deering, 2012).

On May 26 and July 6, 2009, 606896 B.C. Ltd. conducted a program of rock sampling to test a variety of the mafic-ultramafic rocks containing nil to 2% sulphides (py, po, cpy) for the presence of metals, particularly Ni and Cu. A total of 25 samples were collected; 20 from the south side of the Settler Main Forest Service Road (tenure #533292), one from the Raven #1 Quarry site (tenure #526189), and four from the catchment basin of a small drainage that flows into Cogburn Creek (tenure #513069). In addition, a 100 kg sample of pyroxenite rock from the Raven #1 Quarry site was collected for future crushing and screen tests.

Rock samples were taken as grabs from outcrop, sub-crop and float material along road cuts in the Cogburn Creek valley and were analyzed by 35 element ICP-AES at ALS Laboratory Group (“ALS”) of North Vancouver, B.C. Geochemical values ranged from 9 ppm to 495 ppm for Ni and, 11 ppm to 303 ppm for Cu.


6.3 McGauley Consultants Limited 2008 and 2011

In June 2008, McGauley Consultants Limited (David Phillip, P.Eng., Senior Mining Engineer and Terrence McGauley, P.Eng., Senior Civil Engineer) visited the Raven property with David Deering and reviewed reports and all available data.

In December 2011, McGauley, at the request of David Deering, reviewed all of the relevant material regarding the Raven project and developed a proposed next phase for the project including a pre-feasibility study and business plan. The preliminary conclusions and discussions that McGauley presented included a highly conceptual estimate of the recoverable volume of dimension stone that could be used for decretive purposes utilizing existing geological information. As well, a preliminary value for the stone was developed by obtaining the value of dimension stone of similar characteristics.

6.4 Deering/Nicholson: 2012

During the period November 11-12, 2012, Dave Deering, P.Eng and George Nicholson, P.Geo, both principals of Raven Quarries, collected three large rock samples from the Raven property in order to perform compressive rock quality tests. The three samples (RQ 1, RQ 2 and RQ 3) were taken from:

- RQ 1 from the south side of Cogburn Main Road at the waste-laydown area of large broken blocks directly across the road from the historical Raven #1 quarrying operation.

- RQ 2 from the Raven #1 quarrying site.

- RQ 3 from the bank of the north side of Cogburn Road.

Rock samples were taken from quarried rock pieces, outcrop, subcrop or float. A fourth sample RQ 4 was taken approximately 60 metres west of RQ 3 but was not tested due to excessive weathering.

The samples were delivered to Metro Laboratory Testing Ltd. (“MLT”) in Burnaby, B.C. by David Deering for processing. At MLT, the samples were subject to Unconfined Compressive Testing (ASTM D7012), a standard method to determine the unconfined compressive strength of intact rock core specimens

Five core samples were obtained from the three rock samples; from RQ 1 two core samples RQ 1-1 and RQ 1-2 drilled at 90° to each other, from RQ 2 two core samples RQ 2-1 and RQ2-2 drilled at 90° to each other, and from RQ 3 one core sample RQ 3-1.

Compressive strength results from testing and the minimum compressive strengths of the five core samples are shown in Table 6.4


Table 6.4 Compressive Strength Results

Sample Number MPa (mega Pascal) psi (pounds per square inch RQ 1-1 153.9 22,321

RQ 1-2 187.9 27,122

RQ 2-1 144.0 20,885

RQ 2-2 159.1 23,075

RQ 3-1 144.0 20,885

Results from the unconfined compressive strength tests confirmed that the Raven pyroxenite is a very strong rock, suitable for general building and structural purposes, with values ranging from 144.0 to 187.9 MPa (20,885-27,122 psi). As a comparison, typical granite has an average value of 131 MPa or 19,000 psi (National Building Granite Quarries Association Inc.).


7.0 GEOLOGICAL SETTING AND MINERALIZATION

7.1 Regional Geology and Structural Setting

The geological terrain east of Harrison Lake is comprised of two tectonostratigraphic units of different ages; the Triassic-Cretaceous greenschist facies volcanosedimentary Slollicum Schist, the Paleozoic-Mesozoic amphibolite facies volcanosedimentary Cogburn Schist, and two plutonic suites; the ultramafic rocks that form the Giant Mascot Intrusion and the meta diorite-gabbro of the Yellow Aster Complex. The latter two plutonic suites are spatially and temporally associated with the Cogburn Schist sequence. These tectonostratigraphic units are subsequently intruded by the mid to late Cretaceous dioritic Spuzzum Pluton (Figure 7.1a).

The Giant Mascot Intrusive Complex (GMIC) is a northeast trending composite zoned ultramafic intrusion that has an irregular outcrop distribution because of having been engulfed by the younger intrusive complex. The zoning is broadly represented by marginal facies comprised of hornblendite and hornblende pyroxenite with the central northeast trending core comprised of pyroxenite, minor feldspathic pyroxenite, peridotite, olivine peridotite and minor dunite. The latter three lithologies occur as elongated to sub equant domains in the pyroxenitic facies, a geometric relationship that suggests the peridotitic to dunitic facies may be intrusive into the pyroxenitic facies (Miller, 2015).

Numerous structural interpretations have been proposed for the East Harrison Lake Belt (EHLB) including most recently by Ash, 2002. The EHLB is located within the southwestern corner of the Coast Plutonic Complex. Folds and thrust faults in the EHLB define a north-northwest regional structural architecture. This regional structural pattern is overprinted by north and north-northeast faults; fault trends that should also be present on the Raven property (Miller, 2015).

7.2 Property Geology

The Raven #1 Quarry and the proposed Raven #2 Quarry are located several hundreds of metres north of Cogburn Creek (Figure 6.1). The pyroxenitic rocks that underlie the Cogburn Creek area belong to the pyroxenite-peridotite-dunite suite that forms the central portion of the GMIC.

There is approximately 25 to 40 percent outcrop exposed along logging road cuts and on steep, south facing cliffs on the Raven property. In outcrop and in drill core the pyroxenite, with gabbroic intervals, appears as a series of thick, fine to coarse grained flows or as a layered intrusion.

The outcrop from which test blocks had been previously quarried at the Raven #1 Quarry site was mapped in detail by M. Sanguinetti, P.Eng. in 1999-2000 (Figure 7.2). The predominant flow direction or grain of this outcrop is 130° to 138°. Widely spaced fractures were mapped of which the dominant direction is 155° to 160° with a steep dip of 68° to the west. Spacing between these fractures was noted to be from 3 to 14 metres, spacing between fractures that is wide enough and their frequency low enough to permit efficient quarrying of standard sized


Figure 7.1a Regional Geology Map


Figure 7.1b Regional Geology Map Legend


blocks without undue waste (Sanguinetti, 2000). An easterly striking fracture was also mapped at 066° with a dip of 59° to the southeast.

Compositions of four samples from the Raven #1 Quarry outcrop were described in hand specimens and thin sections by Leonard Gal, P.Geo of Cardinal Explorations Ltd. as gabbro and norite, composed essentially of orthopyroxene, plagioclase and clinopyroxene. This rock has been locally referred to as pyroxenite. The #1 Quarry pyroxenite outcrop contains a small inclusion of pale grey-green tuff on the east side, probably as a xenolith. The thin section shows a crude layering around the xenolith as distorted flow layering or banding. Throughout the specimen, a weak alignment of the larger clinopyroxene crystals was noted. This alignment gives the cut rock surface a unique reflective lustre.

Three prominent “veins” with widths of 1 to 3 cm, 10 to 12 cm and 18 to 20 cm, and numerous thin, 1 mm to 3 cm veins were mapped. On the weathered surface, these “veins” have weathered out above the pyroxenite surface in gentle relief due to their slightly higher silica content. On closer examination of the outcrop surface, a series of narrow (1 mm to 3 mm) “veins, striking at 070° to 075°, is apparent on the weathered surface. A petrographic description (Gal, 2000) from a section cut across a “vein” showed the “vein” to be a fracture which had been filled and healed with a fine grained fibrous aggregate of chlorite, with weak green-blue pleochroism as well as fine opaques and a little quartz. It was noted that these healed, vein-filled fractures imparted a greater strength to the host pyroxenite than rock without “veining”. In outcrop and hand specimens, these “veins” have a slightly paler bluish cast which gives the rock its unique feature.

Outcrops on a spur logging road approximately 1,800 metres west of the Quarry #1 site appear similar to the Raven Quarry #1 pyroxenite. The thin bluish chlorite “veining” is present in pyroxenite outcroppings exhibiting a common, wide-spaced (greater than 3 metres) jointing pattern at 240° to 260° with a steep southerly dip. A sample submitted for petrographic description (Gal, 2000) is described as a gabbronorite and is slightly more felsic than samples from the Raven #1 Quarry site.

7.3 Mineralization

Mineralization at the Raven property consists of a pyroxenite that is being investigated for its potential as a dimension stone product. Characteristics of the pyroxenite are described in detail in section 7.2 of this report.


8.0 DEPOSIT TYPES The deposit type being evaluated on the Raven property is a medium to coarse grained black ultramafic rock, referred to as pyroxenite, for use as a dimension stone product. This was the target of historical exploration programs and remains the focus of current exploration efforts.

The goals and methodologies for the recommended Phase One and Phase Two exploration programs in this report are tailored for the identification and delineation of a potential commercially viable dimension stone deposit. The combined use of geological techniques and drilling and bulk sampling are effective for the delineation of mineralized zones at Raven.

Besides the Raven occurrence, there is another minor Minfile occurrence located at Raven northwest of the proposed Raven 2 quarry site (Figure 6.1). The Cogburn Creek occurrence (092HNW073) is an outcrop of pelitic schist and gneiss of the Mesozoic Settler Schist containing up to 23 per cent kyanite porphyroblasts, which may reach 1.5cm in length and a few per cent coarse sillimanite as prisms in excess of 4cm long.


9.0 EXPLORATION

No exploration has been conducted by, or on behalf of Raven Quarries Ltd. The reader is referred to Section 6, Exploration History, for a description of exploration carried out prior to the current property ownership.

During the period September 17-18, 2015 Geominex Consultants Inc. (A. Miller, PhD, P.Geo) was contracted by Raven Quarries to geologically appraise the Raven property. The geological appraisal was confined to the examination of slabbed and polished samples of dimension rock from the Raven #1 Quarry site and a property visit and detailed examination of outcrop at the #1 Quarry site and outcrops in the area of the proposed Raven #2 Quarry site. The complete Miller report can be found in Appendix 1 of this report.

The preliminary results by Miller from this geological appraisal are as follows:

Structure

Geological studies in the Giant Mascot mine area as well as regional structural analyses have documented north to northeast and northwest fault sets. This same structural style is inferred in the Cogburn Creek area.

- Small-scale, narrow brittle faults with related fracture sets define domains of fractured rock in the best exposed area at the Raven #1 site. This fault-fracture zone is approximately 3-4 metres across. The distribution of these fault-fracture sets will influence the size of dimension stone blocks.

- The width and periodicity of these fault-fracture domains must be ascertained, and most importantly, the location of the master faults must be identified by mapping and diamond drilling. Faults and fractures will predetermine the size of blocks that can be extracted from proposed quarry sites.

Alteration

Hand specimen-scale alteration of the pyroxenite is recorded by an apparent orthogonal set of narrow chloritic veins, referred to as annealed alteration veins. It is proposed that these annealed alteration veins may be temporally related to syn-magmatic processes that formed the Giant Mascot Ni-Cu-PGE ore bodies.

- The presence of annealed veins in polished tiles apparently does not diminish the structural integrity of tiles and in fact adds a textural interest to polished tiles and slabs.

- This alteration is inferred to replace pyroxene and feldspars and the alteration products are chlorite+quartz+oxides of Ti, Ti+Fe and Fe with carbonate and quartz. Discolouration of the dimension stone by oxidation and secondary Fe-oxide is a concern, albeit minor based on observations of polished slabs and outcrops.

- It is possible that zones with higher concentrations of annealed altered veins may form domains that are less suitable for dimension stone.


- Alteration mapping and observations on the intensity and frequency of annealed altered veins in drill core must be documented.

Primary Magmatic Variations

- Based on published geochemistry, the ultramafic rocks that underlie the Cogburn Creek area vary from pyroxenite through feldspathic pyroxenite to olivine-bearing feldspathic pyroxenite. Small-scale magmatic layering is observed.

- Lithological variations along strike and vertically across the ultramafic unit in the Cogburn Creek area are present. It will be necessary to identify these lithological variations and the impact of hydrous annealed altered veins on these lithologies i.e. pyroxene and olivine replacement by chlorite and serpentinite.

- Geological mapping with geochemistry of outcrop samples and samples from drill core and petrography will aid in defining lithological variations and which lithologies are best suited for dimension stone.

- Leucocratic xenoliths varying in size from <1 to 7 cm are present in the ultramafic rocks. The distribution and density of these xenoliths is unknown. The colour contrast between pyroxenite and xenoliths is dramatic, but it is unknown if such a lithological contrast is a positive attribute for dimension stone.


10.0 DRILLING No drilling has been conducted by, or on behalf of Raven Quarries Ltd. on the property.

In 2000, Granite Solutions and Stoneworks Ltd. drilled 13 shallow NQWL diamond drill holes including three holes at the Raven #1 Quarry site and 10 holes in the vicinity of the proposed Raven #2 Quarry site (Figures 6.1a, 6.1b & 6.1c). The drilling contractor was Rainbow Drilling Ltd. of Ladner, B.C.

Core logging for the 2000 drilling was done in metric. Core was logged and stored at Harrison Hot Springs. No core from historical drilling remains.

From an examination of drill logs, drill recoveries were in general good. However, no detailed records were kept with respect to drill recovery and rock quality data.

11.0 SAMPLE PREPARATION, ANALYSIS AND SECURITY

The author considers all of the pre 2006 Raven geological, analytical and related data to be historical in nature and as such, makes no representation as to whether the historical information is complete or wholly accurate. While sampling methods and analytical procedures may not meet the current standards of National Instrument 43-101, and verification of the data is no longer possible, the work was completed by competent geologists and engineers. It is the opinion of the author that the sampling and analytical work was done to the highest standards of the day, and that the results may be relied upon and used for evaluation of the Raven property. There is no reason to believe that either sampling integrity or security was jeopardized at any time during the sampling programs reported in the project’s historical reports.

Limited 2006 and 2009 rock sampling by 606896 B.C Ltd. consisted of six samples in 2006 and 25 samples in 2009. All samples were grab samples and were taken using a rock hammer or moil from selected exposures at locations established using a Garmin GPS instrument. Samples were taken by, or under the supervision of David Deering, P.Eng or George Nicholson, P.Geo, both considered “Qualified Persons” under NI 43-101.

The samples were placed in plastic sample bags accompanied by numbered assay tags and delivered, in the case of 2006 samples, to Acme Analytical Laboratories Ltd. of Vancouver B.C, and in the case of 2009 samples, to ALS Labs of North Vancouver B.C., both ISO 9001:2000 certified laboratories.

The 2006 and 2009 rock samples were weighed, crushed and split and then pulverized to <150 mesh. For the 2006 samples, a 20g sample of the pulverized material was placed in a graphite crucible and a LiBO2 flux added, heated, dissolved in HNO3 and then analyzed by ICP-ES (Group 4a). For the 2009 samples, a 1g sample of the pulverized material was subjected to an aqua regia digestion and then analyzed for 35 elements by ICP-MS analysis (ME-ICP41).


At Acme and ALS, a suite of blanks, reference materials and duplicate samples were inserted by the labs into the sample stream. The results from the lab’s control samples were within the limits of instrumental and analytical accuracy. No corrective measures were taken by the labs. No control samples were submitted by 606896 B.C. Ltd. for their limited sampling programs. As the determination of chemical components is largely for the purposes of determining the relative presence of deleterious elements, rather than the determination of accurate estimates of metals, insertion of blanks, standards and duplicates are not necessarily appropriate in the case of the Raven Quarry Project.

The 2012 rock samples collected for Unconfined Compressive Testing (ASTM D7012) were placed in plastic sample bags, labelled in the field and then transported by truck to a storage facility in Langley, B.C. where they were stored in a locked facility. The samples were subsequently delivered to MLT in Burnaby, B.C. by David Deering for processing. MLT is a CCIL (Canadian Council of Independent Laboratories) certified lab specializing in material testing.

12.0 DATA VERIFICATION

12.1 Author’s Database Audit

A formal audit of the property database was not undertaken by the author. The author has selectively verified a number of rock sample and drill core data for the historical work against original assay certificates and their associated maps and drill logs in the various assessment reports. The author recommends that during future project data compilation or exploration, the database should be carefully audited and, if errors are found, corrected.

Property assessment and private reports were prepared to standards specific to the era of the BC Mining Act and they differ from those currently prescribed by National Instrument 43-101. Despite the differences between the standard to which these reports were prepared and that required by National Instrument 43-101, the data contained in these reports appear to be valid and reliable.

The sampling procedures, sample-handling protocols and quality control measures for the historical exploration programs of the Raven property are mostly non-existent. A comprehensive review of procedures and protocols of the Raven property is difficult to account. Overall, the author assumes the standard mineral exploration industry care and control typical of each exploration era was observed.

12.2 Author’s Field Visit

Prior to the field visit, the author examined slabbed and polished samples of dimension rock from the Raven property supplied by Raven Quarries. The author of this report, Brian Game, P.Geo, conducted a field visit to the Raven property on November 6, 2015. The following


objectives were accomplished: general project site examination and review of property geology, including styles of alteration and examination of faulting/fracturing.

The author believes that sufficient sites of significance were inspected to make a quality assessment of the Raven property. The author reports that, overall geology, mineralization and showings referred to in the historical records are genuine. Based upon the property examination and review of past exploration results, it is the author’s opinion that this is a property of merit and worthy of future exploration.

13.0 MINERAL PROCESSING AND METALLURICAL TESTING There has been no recent mineral processing or metallurgical testing on the Raven property.

14.0 MINERAL RESOURCE ESTIMATES There have been no mineral resource estimates for the Raven property.

It should be noted that in order to classify a mineral resource, the guidelines for the reporting of industrial minerals in the CIM Definitions Standards on Mineral Resources and Mineral Reserves referred to in National Instrument 43-101, contains an additional criterion of market viability for an industrial mineral project.

For an industrial mineral deposit to be classified as a mineral resource there should be recognition by the qualified person preparing the quantity and quality estimate that there is a viable market for the product or that a market can be reasonably developed. For an industrial mineral deposit to be classified as a mineral reserve, the qualified person preparing the estimate should be satisfied, following a thorough review of specific and identifiable markets for the product, that there is, at the date of the technical report, a viable market for the product and that the product can be mined and sold at a profit.

15.0 MINERAL RESERVE ESTIMATES There have been no Mineral Reserves estimated on the Raven property.

16.0 MINING METHODS There has been no work on mining methods at the Raven property.

17.0 RECOVERY METHODS There has been no work on recovery methods at the Raven property.


18.0 PROJECT INFRASTRUCTURE There has been no work on project infrastructure at the Raven property.

19.0 MARKET STUDIES AND CONTRACTS There has been no work on market studies and there are no outstanding contracts at the Raven property.

20.0 ENVIRONMENTAL STUDIES, PERMITTING AND SOCIAL OR COMMUNITY IMPACT There have been no environmental studies, permitting (other than permitting for exploration activities and drilling) or any work involving social or community impact at the Raven property.

21.0 CAPITAL AND OPERATING COSTS There has been no work on capital and operating costs at the Raven property.

22.0 ECONOMIC ANALYSIS There has been no economic analysis at the Raven property.

23.0 ADJACENT PROPERTIES This report is not relying on information from adjacent properties.

24.0 OTHER RELEVANT DATA AND INFORMATION The author is not aware of any other relevant information that could change the conclusions or recommendations of this report.


25.0 INTERPRETATION AND CONCLUSIONS The findings of the Raven property evaluation are as follows.

The Raven property is a dimension stone industrial mineral exploration property. It is located in southwestern British Columbia, Canada, where perennial access and logistics are straight forward and relatively inexpensive. Although the property is somewhat rugged, the main areas of interest on the property are at a relatively low elevation and moderate relief. Normal surface exploration programs including drilling and potential quarrying operations are possible throughout the year with adequate winter equipment.

Large blocky outcrops of medium to coarse grained black ultramafic rock, locally termed pyroxenite, have been outlined at two principal locations at Raven; the Raven #1 Quarry site and the proposed Raven #2 Quarry site. A prominent feature of the Raven pyroxenite is the presence of lighter blue-green annealed “veins” which impart a unique attractive appearance to the rock on both broken or cut and polished surfaces.

Detailed structural mapping and diamond drilling in 1999-2000 was directed towards examining the outcrops for areas where standard sized blocks could be quarried without excessive loss due to fracturing, shearing or sulphide mineral content. Widely spaced fractures were mapped of which the dominant direction is northwest. Spacing between fractures was noted to be from 3 to 14 metres, spacing between fractures that should be wide enough and their frequency low enough to permit efficient quarrying of standard sized blocks without undue waste. More work is required to better understand the nature of the ultramafic unit in the Cogburn Creek area including the width and periodicity of fault-fracture domains, the intensity and frequency of annealed altered “veins” and the lithological variations along strike and vertically. Additionally, preliminary market studies should be initiated in order to determine if a viable market for cut and polished dimension stone exists or can be reasonably developed.

The author is not aware of any significant risks or uncertainties or any reasonably foreseeable impacts thereof that could reasonably be expected to affect the reliability or confidence of this report’s exploration information and/or the Raven property’s future potential. Based upon the property examination and review of past and current exploration results, it is the opinion of the author that this is a property of merit and worthy of future exploration.


26.0 RECOMMENDATIONS

It is recommended that Raven Quarries carry out additional exploration efforts on the Raven property. An initial $285,000 exploration program is recommended. See table 26.0.

The priority area in the central portion of the Raven property contains intriguing outcrops of medium to coarse grained ultramafic rock for potential use as dimension stone. The recommended Phase One program focuses on a combination of detailed geological mapping and geochemical sampling along with permitting, First Nations consultations, administrative activities, ASTM test work and preliminary market studies. Detailed geological mapping at the Raven #1 Quarry site and the proposed Raven #2 Quarry site should include; determining the width and periodicity of fault-fracture domains, alteration mapping on the intensity and frequency of annealed “veins”, and geological mapping with geochemistry of outcrop samples to aid in defining lithological variations along strike and vertically and which lithologies are best suited for dimension stone. It may be necessary to strip outcrop areas i.e. Raven #2 area, by removing thin overburden and trees and then wajax those areas in order to have well exposed outcrop areas. The establishment of cut grid lines perpendicular to the Cogburn Creek valley would aid in geological mapping of outcrops above the valley floor on the steep-sided, heavily vegetated slopes. Preliminary market studies include the preparation of tiles and aggregate for presentation purposes.

The author recommends that Raven Quarries continue preliminary consultations with local First Nations representatives and complete the required permitting and bonding required by the appropriate government agencies.

The size and scope of the Phase Two program, consisting of 2,000 metres of definition drilling, to be guided by the results of Phase One geological mapping and sampling, and extraction of up to 1,000 tonnes in block form and 1,000 tonnes for aggregate would be contingent on both the positive results of Phase One exploration and preliminary market studies. A preliminary budget of $2,669,000 is suggested.

Table 26.0 Raven Exploration Budgets

Phase One Raven Exploration Budget

Geological Mapping and Sampling (20 days @ $700/day) 14,000 Sample analysis (100 @ $60/sample) 6,000 Grids, Stripping Outcrop (2 men @ $1000/day (all in) @ 25 days) 50,000 Room and Board 6,000 First Nations Consultations 25,000 Road Assessment 9,000 Notice of Work Permit 30,000 Environmental Management Plan 10,000 Executive Summary (Marketing Purposes) 10,000 ASTM Test Work 5,000


Preliminary Marketing Study/Travel 30,000 Sample Preparation (Tiles, Aggregate) 30,000 Transportation (Helicopter, Trucks) 10,000 Assessment Work 30,000 Management Fee 20,000 Total Cost $285,000 Suggested Phase Two Raven Exploration Budget Diamond Drilling @ $150/metre all in 2,000 metres @ $150/metre 300,000 Sample Analysis (200 @ $60/sample) 12,000 Petrographic Studies (20 @ $300/sample) 6,000 Rock Saw Cut and Polish 8,000 Mob/Demob 10,000 Project Manager (60 days @ $850/day) 51,000 Quarry Master (60 days @ $750/day) 45,000 Geologist (60 days @ $650/day) 39,000 Geological Technicians (2 persons) (120 days @ $350/day) 42,000 Quarry Labour (4 persons) (240 days @ $500/day) 120,000 Quarry Site Control Surveying 20,000 Environmental Studies 40,000 Road and Bridge Upgrades 250,000 First Nations Consultations 50,000 Site Preparation – stripping to bedrock, road access cuts, water, drainage, etc. 60,000 Diamond Wire Saw Machine 130,000 Production Drilling - quarry layout prep for diamond wire saw 120,000 Trucking to Langley, B.C. (2000 tonnes @ $30/tonne) 60,000 Sample Preparation – Industrial Processing of Cut Blocks (tile/slab-cut, polish and stabilize) 100,000 Fuel Tanks (2) 350 litre Enviro-Tanks 7,000 Sorting and Loading Equipment (60 days @ $1,000/day) 60,000 (1) 5 ton 4x4 Truck Rental (1 @ $250/day x 60 days) 15,000 (4) 4x4 Truck Rental (4 @ $125/day x 60 days) 30,000 (1) 4x4 Emergency Transport Vehicle (1 @ $85/day x 60 days) 5,100 (2) ATV (4-Trax) Rental (2 @ $125/day x 60 days) 15,000 Diesel Generator (25Kvw) and back-up (2 @ $2,500/month x 2 months) 10,000 Compressor (150cfm) 30,000 Gasoline (350 litres @ $1.30/litre x 60 days) 27,300 Diesel Fuel (700 litres @ $1.30/litre x 60 days) 54,600 Camp Construction (12-15 man camp) 40,000 Camp – Room & Board (960 man days @ $175/man day) 168,000 Supplies, Camp and Quarry 40,000 Radios, Satellite Phone, GPS 12,000 Reclamation Bonding 50,000 Marketing 200,000 Summary Report 30,000


Miscellaneous and Contingency 300,000 Management Fee 112,000 Total Cost $2,669,000


27.0 REFERENCES GOVERNMENT WEBSITES

Government of British Columbia Minfile web site: http://webmaps.gov.bc.ca

Government of British Columbia mineral deposit profiles web site:

www.em.gov.bc.ca/Mining/Geolsurv/MetallicMinerals/MineralDepositProfiles

Government of British Columbia Map Place web site:

www.em.gov.bc.ca/Mining/Geolsurv/MapPlace/default.htm

Government of Canada Weather website: www.weatheroffice.ec.gc.ca

British Columbia Treaty Commission website: www.bctreaty.net

British Columbia Ministry of Aboriginal Relations and Reconciliation: http://www.gov.bc.ca/arr/firstnation/

BC First Nations Summit website: http://www.fns.bc.ca/

Canadian Securities Administrators SEDAR filing system: http://www.sedar.com/homepage_en.htm

Indian and Northern Affairs Canada: www.ainc-inac.gc.ca

Ash, C. (2002): Geology of the east Harrison Belt, Southwestern British Columbia, in Ministry of Energy and Mines, Energy and Minerals Division, British Columbia Geological Survey Branch, Geological Fieldwork 2001. Paper 2002-1, pp. 197-210.

Deering, D. (2007): Sample Collection and Assays, Raven Quarry Property, New Westminster Mining Division, 92 H/12E, British Columbia Ministry of Energy, Mines and Petroleum Resources, Report 28,998 for 606896 B.C. Ltd.

Deering, D. (2008): Internal Summary Report on the Raven Property, Cogburn Creek, New Westminster Mining Division, for 606896 B.C. Ltd.

Deering, D. and Nicholson, G. (2009): Rock Sample Collection and Assays, Raven Quarry Property, New Westminster Mining Division, 92 H/12E, British Columbia Ministry of Energy Mines and Petroleum Resources, Report 31160 for 606896 B.C. Ltd.

Deering, D. (2012): Raven Property, Cogburn Creek, New Westminster Mining Division, British Columbia, Canada.

Deering, D, (2013): Rock Sample Collection and Unconfined Compressive Test (ASTM D7012), Assessment Report on the Raven Property, New Westminster Mining Division.

http://webmaps.gov.bc.ca/

http://www.em.gov.bc.ca/Mining/Geolsurv/MetallicMinerals/MineralDepositProfiles

http://www.em.gov.bc.ca/Mining/Geolsurv/MapPlace/default.htm

http://www.weatheroffice.ec.gc.ca/

http://www.bctreaty.net/

http://www.gov.bc.ca/arr/firstnation/

http://www.fns.bc.ca/

http://www.sedar.com/homepage_en.htm

http://www.ainc-inac.gc.ca/


Gal, L. (2000): Petrographic Report, Raven Quarries Project.

McGauley, T.C. (2009): Valuation, Raven Quarry Property, Harrison, British Columbia for 606896 BC Ltd.

McGauley, T.C. (2011): Proposed Pre-Feasibility Study and Business Plan Development Phase, Raven Quarry-Decretive Stone Project, Harrison Lake, British Columbia, Canada for David Deering.

Miller, A. (2015): Structural and Alteration Observations in Pyroxenitic Dimension Stone, Raven Property, Cogburn Creek, New Westminster Mining Division, British Columbia, for Raven Quarries Ltd.

Pinsent, R.H. (2002): Ni-CU-PGE Potential of the Giant Mascot and Cogburn Ultramafic-Mafic Bodies, Harrison-Hope Area, Southwestern British Columbia (092H), in Ministry of Energy and Mines, Energy and Minerals Division, British Columbia Geological Survey Branch, Geological Fieldwork 2001, Paper 2002-1, pp 211-236.

Sanguinetti, M. H. (2000): Geological Report on the Raven Quarry Property, Cogburn Creek Area, New Westminster Mining Division, 92H 12/E, Report 26,226 for Warner M. Streicek, Granite Creation & Stoneworks Ltd.

Sanguinetti, M. H. (2000): Diamond Drilling Report on the Raven Quarry Property, Cogburn Creek Area, New Westminster Mining Division, 92H 12/E, Report 26,422, for Warner M. Streicek, Granite Creation & Stoneworks Ltd.


28.0 AUTHOR CERTIFICATES, SIGNATURES AND CONSENT

BRIAN GAME, P. GEO

CERTIFICATE OF QUALIFIED PERSON

I, Brian D. Game, P.Geo. HEREBY CERTIFY THAT:

1. I am an independent consulting geologist, and principal of Geominex Consultant Inc., with a business office at #1205-675 West Hastings Street, Vancouver, British Columbia, Canada V6B 1N2.

2. I am a graduate of the University of British Columbia, Vancouver BC, with a Bachelor of Science in Geology (1985).

3. I am a registered Professional Geologist in good standing with the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC), member number 19896.

4. I have worked as a geologist continuously since my graduation from university in 1985 and have been involved in projects and evaluations exploring for gold and base metals in Canada, United States, Mexico, South and Central America, Philippines and Albania.

5. I have read the definition of “qualified person” set out in National Instrument 43-101 (“NI 43-101”) and certify that by reason of my education, affiliation with a professional association (as defined in NI 43-101) and past relevant work experience, I fulfill the requirements to be a “qualified person” for the purposes of NI 43-101.

6. I am responsible for the preparation of all items and sections of the technical report titled “Technical Report Raven Property” prepared for Raven Quarries Ltd. with effective date December 31, 2015 (the “Technical Report”) relating to the Raven Property.

7. I personally inspected the Raven Property on November 6, 2015.

8. I have no prior involvement with the Raven property, the subject of this technical report.

9. As of the effective date of the Technical Report, to the best of my knowledge, information and belief, the Technical Report contains all scientific and technical information that is required to be disclosed to make the Technical Report not misleading.

10. I am independent of Raven Quarries Ltd. applying all the tests in section 1.5 of NI 43-101.

11. I have read National Instrument 43-101 and Form 101F1, and the Technical Report has been prepared in compliance with the instrument and form.

”signed & sealed” Brian Game, B.Sc., P.Geo. Dated at Vancouver, B.C. December 31, 2015


APPENDIX A Structural and Alteration Observations in Pyroxenitic Dimension Stone By Allen Miller, PhD, P.Geo


SUMMARY with RECOMMENDATIONS

• The pyroxenitic rocks that underlie the Cogburn Creek area belong to the pyroxenite- peridotite-dunite suite that forms the central portion of the Giant Mascot Intrusive Complex (GMIC).

• The pyroxenite is a non-foliated, massive, black rock with a uniform fine-grain size and where observed sulphide poor. STRUCTURE:

• Geological studies in the Giant Mascot mine area as well as regional structural analyses have documented north to northeast and northwest fault sets. This same structural style is inferred in the Cogburn Creek area

o Small-scale, narrow brittle faults with related fracture sets defined domains of fractured rock in the best exposed area, Raven #1 quarry. This fault-fracture zone is approximately 3-4 meters across. The distribution of these fault-fracture sets will influence the size of dimension stone blocks.

o The width and periodicity of these fault-fracture domains must be ascertained and most importantly the location of the master faults must be identified by mapping, geophysical surveys and diamond drilling.

ALTERATION: • Hand specimen-scale alteration of the pyroxenite is recorded by an apparent orthogonal

set of narrow chloritic veins, herein called annealed alteration veins. It is proposed that these annealed alteration veins may be temporally related to syn-magmatic processes that formed the Giant Mascot Ni-Cu-PGE ore bodies

o The term annealed has been used because the presence of these veins in polished tiles apparently does not diminish the structural integrity of tiles and in fact adds a textural interest to polished tiles and slabs.

o This alteration is inferred to replace pyroxene and feldspars and the alteration products are chlorite+quartz+oxides of Ti, Ti+Fe and Fe with carbonate. Discolouration of the dimension stone by oxidation of secondary Fe-oxide is a concern, albeit minor based on observations of polished slabs and outcrops.

o Therefore zones with higher concentrations of annealed altered veins may form domains that are less suitable for dimension stone.

o Alteration mapping and observations on the intensity and frequency of annealed altered veins in drill core must be documented.

PRIMARY MAGMATIC VARIATIONS: o Based on published geochemistry, the ultramafic rocks that underlie the Cogburn

Creek area vary from pyroxenite through feldspathic pyroxenite to olivine-bearing feldspathic pyroxenite. Small-scale magmatic layering was observed.

o Lithological variations along strike and vertically across the ultramafic unit in the Cogburn Creek are present. It will be necessary to identify these lithological


variations and the impact of hydrous annealed altered veins on these lithologies i.e. pyroxene and olivine replacement by chlorite and serpentine.

o Geological mapping complimented with geochemistry of samples taken from outcrop and drill core and petrography will aid in defining lithological variations as well as defining which lithologies are best suited for dimension stone.

o Leucocratic xenoliths, varying in size from <1 to 7cm are present in the ultramafic rocks. The distribution and density of these xenoliths is unknown. The contrast in colour, black host rock versus white xenolith, is visually dramatic but it is unknown if such a lithological contrast is a positive attribute for dimension stone.

• It will be necessary to strip outcrop areas i.e. the Raven #2 area, and potentially other areas by removing thin overburden, removing trees and then wajax those areas in order have continuous to semi continuously exposed outcrop areas over which lithological, alteration and structural attributes can be collected and integrated into a geological model for identifying domains for potential dimension stone mining.


Background and scope of this report

The writer through GeoMinEx Consultants Inc. was asked to examine slabbed and polished samples of dimension rock from the Raven Property, Cogburn Creek, New Westminster Mining District, British Columbia. The following day, September 18, 2015, the writer spent approximately four hours combined examining the outcrop at the Raven #1 quarry site and outcrops in the area of the proposed Raven #2 quarry site. Both of these sites are hosted in ultramafic rocks belonging to the Giant Mascot Intrusive Complex.

Synoptic review - Geology Giant Mascot Intrusive Complex

The geological terrane east of Harrison Lake is comprised of two tectonostratigraphic units having different ages; the Triassic-Cretaceous greenschist facies volcanosedimentary Slollicum Schist and Paleozoic-Mesozoic amphibolite facies volcanosedimentary Cogburn Schist and two plutonic suites; the ultramafic rocks that form the Giant Mascot Intrusion and the meta-diorite-gabbro of the Yellow Aster Complex. The latter two plutonic suites are spatially and temporally associated with the Cogburn Schist sequence. These tectonostratigraphic units are intruded by the mid to late Cretaceous dioritic Spuzzum Pluton.

The Giant Mascot Intrusive Complex is a northeast trending composite zoned ultramafic intrusion that has an irregular outcrop distribution because of having been engulfed by the a younger intrusive complex (Figure 1). The zoning is broadly represented by marginal facies comprised of hornblendite and hornblende pyroxenite with the central northeast-trending core comprised of pyroxenite, minor feldspathic pyroxenite, peridotite, olivine peridotite and minor dunite. The latter three lithologies occur as elongated to sub equant domains in the pyroxenitic facies, a geometric relationship that suggests the peridotitic to dunitic facies may be intrusive into the pyroxenitic facies.

The Raven #1 Quarry and the proposed Raven #2 Quarry are located along the southern side of the pyroxenite, feldspathic pyroxenite-gabbro complex. This part of the complex is enclosed by plutonic rocks of the Spuzzum Pluton on the west, south and eastern sides and by metasedimentary rock of the Settler Schist on the northern side. The two quarry sites are located several hundreds of meters north of Cogburn Creek (Figure 2).

Observations on polished slabs from the Raven #1 Quarry

The writer examined polished and cut slabs of Raven #1 quarry stone on Sept 17 and 18, 2015 before proceeding to the Raven property near Harrison Hot Springs to examine the Raven #1 quarry and the Raven #2 potential quarry site.

The first observation when a polished slab was shown to the writer was of a non-foliated, massive black rock with uniform fine-grain size. The polished surface of the slab when rotated in the natural light produced a glitter from crystal facies, probably feldspar and possibly pyroxene.


Figure 1: Geology of the Giant Mascot Intrusive Complex, from Pinsent 2002.


Figure 2: Geology in the area of Cogburn Creek, Raven quarry area, from Pinsent 2002.


This reflective glint reminded me of an industrial rock called ‘Woolworthite’ which was used on the exterior facade of the now non-operational Woolworth department store chain. The formal rock name for woolworthite is lavarkite. Lavarkite from the Norwegian type locality is medium- to course-grained mafic rock that displays a blue-black iridescence or reflectance from schillerized feldspar and pyroxene. This reflectance observed from the Raven #1 quarry slabs is reminiscent of woolworthite however the smaller grain size is not comparable to woolworthite.

No sulphides were observed during the examination of polished hand specimens/blocks and tiles. This observation is significant because the samples were taken from the Giant Mascot Intrusive Complex that did host significant Ni-Cu-PGE sulphide ore bodies.

A third observation was that the slabs were crisscrossed by narrow ghost-like domains that were inferred to be annealed alteration zones. These alteration zones may be related to syn-intrusive hydrothermal processes based on the controversy regarding the origin of the Giant Mascot Ni-Cu-PGE ore zones, i.e. magmatic versus hydrothermal replacement. These inferred annealed alteration zones did not diminish the integrity of the polished slabs. However slabs that had been exposed to weathering showed small rusty patches sporadically along these inferred annealed alteration zones. An interpretation of these inferred annealed alteration zones could be that there has been chloritization of the feldspar and pyroxene. The chloritization would be accompanied with the formation of secondary titanium, iron-titanium and iron oxides. In particular the latter would be susceptible to secondary oxidation.

Outcrop observations in the Cogburn Creek area, Raven Quarries

Regional structural setting

Numerous structural interpretations have been proposed for the East Harrison Lake Belt (Ash, 2002). The East Harrison Lake Belt (EHLB) is located within the southwestern corner of the Coast Plutonic Complex in British Columbia, Canada. Folds and thrust faults in the EHLB define a north-northwest regional structural architecture. This regional structural pattern is overprinted by north and north-northeast faults, fault trends that should be present on the Raven property. A geological plan of the Giant Mascot Mine documents northwest and north to north- northeast trending faults associated with Ni-Cu-PGE ore bodies (Figure 3). In addition, the outcropping pattern of the Giant Mascot Intrusive Complex, albeit irregular, has a northeast trend. The recognition of these regional and local fault trends in the vicinity of the Raven property indicate that faults will be present in the area of the proposed quarries

One of the critical criteria that must be resolved/evaluated to establish the potential of the pyroxenite for dimension stone in the Cogburn Creek area, is the directions and frequency of faults and related fractures. Faults and fractures will predetermine the size of blocks that can be extracted from proposed quarry sites.


Figure 3: Geological plan showing fault trends in the Giant Mascot mine area, from Pinsent 2002.


Raven #1 Quarry

Alteration and structural overprints

The quarry face and glacially polished roche moutonnée outcrop surface at the Raven #1 quarry display numerous primary and secondary features that will have to be documented then integrated into the economic evaluation of the pyroxenite at the two Raven quarry sites.

There is an apparent orthogonal set of annealed alteration veins within the massive pyroxenite. Annealed alteration veins are up to 1 cm in width, measured on the quarry wall, have a greenish hue, unequivocally indicative of chloritization (Plate 1). Hairline narrow veins are easily identified by a white trace. It is inferred that these annealed altered fractures are comprised of chlorite+quartz+Ti-Fe oxides with carbonate; the former three minerals resulting from the degradation of magmatic minerals and the latter introduced during the alteration episode. The density of these annealed alteration veins could affect the integrity of large sized polished slabs/tiles.

Plate 1: Annealed alteration veins, black arrows, quarry face Raven #1 quarry.

A well delineated fault zone is displayed in the quarry face at the Raven #1 quarry (Plate 2A). The fault which trends approximately north-northeast and is steeply inclined displays a classical steep over geometry. This fault is brittle and at this locality contains no gouge. In addition, there are a series of subparallel fractures and linking cross fractures (Plate 2B). These fracture arrays are interpreted to be temporally related to the fault. These fault-fracture domains will definitely influence the blocking out of larger volumes of dimension rock.


Plate 2: Brittle faults and associated fracture arrays

Brittle faults identified in the Raven #1 quarry face (Plate 2) commonly display an increasing periodicity closer to the master fault. Detailed mapping of the fault-fracture pattern along with the drill core logging of fractures will add data that will aid in defining domains that will provide larger volumes of coherent dimension stone.

Raven #1 Quarry: Primary magmatic features

Pinsent (2001) using CIPW normative mineralogy compared the whole rock geochemistry of the ultramafic rocks in the Cogburn Creek area to similar ultramafic rocks from the Giant Mascot area. The Cogburn Creek ultramafic rocks ranged from feldspathic pyroxenite into the pyroxenite compositional fields, clearly indicating that magmatic differentiation occurred in the Cogburn segment of the Giant Mascot Intrusive Complex. Small-scale magmatic layering defined by discontinuous feldspar-rich domains was identified in the Raven #1 outcrop (Plate 3). The recognition of small–scale magmatic layering and a layer scale variation in ultramafic lithologies underlies the point that the dimension stone area that underlies the Cogburn property will not or may not be as texturally and compositionally uniform as the samples from the Raven #1 quarry. In addition, different ultramafic rocks will react differently to the hydrothermal alteration documented by the annealed chloritic fractures. All of these observations support the need for geological mapping, lithogeochemistry and petrography as a component to evaluating minable dimension stone domains along the 712.26 hectare Raven property.


Plate 3: Small-scale feldspar-rich magmatic layering in pyroxenite, blue arrows, Raven #1 outcrop surface. Note the chlorite altered fracture, black arrow and fractures, yellow arrows, and the sparsely distributed areas of rusty staining. The long dimension of these rusty areas is accented due to the slope of the surface outcrop.

Raven #2 Quarry Area

Structural overprints

The writer observed several geomorphological features while completing a short uphill traverse in the area of the proposed Raven #2 quarry. The traverse crossed a stepped-like contoured slope with the steeper parts trending roughly northeast, a trend that parallels Cogburn Creek, which could lie in a regional northeast fault-fracture system. Numerous north to north- northwest trending creeks drain into Cogburn Creek. It is of merit to note that this same direction, north to northwest trending faults, are associated with many of the ore bodies that collectively formed the Giant Mascot mine. Consequently, a similar structural style may be present in the Raven #2 quarry area, northeast and north-northwest faults-fracture zones.


Primary magmatic features

One of the polished slabs of pyroxenite examined in the Raven Quarry Ltd rock repository in Langley contained pea-side xenoliths derived from an intermediate light coloured plutonic rock. In the writer’s opinion, the sparse distribution of small xenoliths added another visual and textural dimension to this uniformly black rock, just as the annealed altered veins add a textural interest to the rock. An outcrop with equant to oblong xenoliths up to 7 cm in longest dimension was observed in the Raven #2 area (Plate 3). It is unknown what the impact of this textural variation will be, positive or negative, on the desirability and integrity of this rock as a dimension stone.

Plate 3: Multi-centimeter sized xenoliths in pyroxenite, Raven #2 area


References

Ash, C. 2002. Geology of the East Harrison Lake Belt, Southwestern British Columbia. in Ministry of Energy and Mines, Energy and Minerals Division, British Columbia Geological Survey Branch, Geological Fieldwork 2001. Paper 2002-1, p.197-210.

Deering, D.R. 2012. Raven Property, Cogburn Creek, New Westminster Mining Division, British Columbia, Canada. Internal unpublished report, 91p.

Pinsent, R.H. 2002. Ni-Cu-PGE Potential of the Giant Mascot and Cogburn Ultramafic-mafic bodies, Harrison-Hope Area, Southwestern British Columbia (092H). in Ministry of Energy and Mines, Energy and Minerals Division, British Columbia Geological Survey Branch, Geological Fieldwork 2001. Paper 2002-1, p. 211-236.


Certificate of Qualification

Allan R. Miller BSc, PhD, PGeo

CONSULTING MINERAL DEPOSITS GEOLOGIST

I, Allan R. Miller, as sole writer of this report entitled; “STRUCTURAL AND ALTERATION OBSERVATIONS IN PYROXENITIC DIMENSION STONE RAVEN PROPERTY, COGBURN CREEK, NEW WESTMINSTER MINING DIVISION, BRITISH COLUMBIA” for Raven Quarries Ltd., do hereby certify that;

• I am a Consulting Geologist since 1997. • I am a graduate of Carleton University, Honours B.Sc., 1971 in geology and of

University of Western Ontario, PhD, 1977 in geology and have been practicing continuously as a professional since graduation.

• I am in good standing as a registered member of the Association of Professional Geoscientists of Ontario (APGO).

• By reason of experience and education, I fulfill the requirements of a Qualified Person as set out in National Instrument 43-101, to act as a consulting geologist for this geological analysis.

• I have read National Instrument 43-101 and Form 43-101F1. This report has been prepared in accordance with generally accepted Canadian mining industry practice and is in compliance with National Instrument 43-101.This report is a statement of material facts and opinion and may be used by Raven Quarries Ltd. and its advisors in support of their evaluation of their property and for other public documents.

• As of the date of this certificate I am not aware of any changes in fact or circumstances as regards the subject matter of this report which materially affects the content of the report or the conclusions reached.

• This report is based on observations taken during outcrop examinations at the two potential quarry areas.

• I have written this report as a totally independent and unbiased geologist. Dated at Ottawa, this 31st day of October, 2015

“A.R. Miller” ___________________

Consulting Mineral Deposits Geologist Allan R. Miller, P.Geo APGO Reg. No. 0967

87 Findlay Avenue Ottawa, Ontario K1S 2V1 Phone: (613) 230-1676

APPENDIX 2

Helgi Sigurgeirson Report

Mapping Prospecting Report on the Raven Black Property, 2015

Date: October 2, 2015To: Dave DeeringFrom: Helgi Sigurgeirson

Re: Mapping, prospecting done at Raven Black Prospect September 11, 14 & 15, 2015.

Work done:1. Reconnaissance of drill sites 7 – 10 and assessment of fracture density in nearby outcrop.2. Evaluated the large boulder in the boulder field.3. Surveyed sections at test quarry site.4. Mapped structure and geology of test quarry site.5. Prospected in area of test quarry.

Results and conclusions

Reconnaissance of drill sites

The area of drill sites 7 - 10 was visited and the immediate area assessed with regard to fracture densityand the overall suitability of the site for test quarrying.

Results:In general the area appears to have a fracture density of about 1 per meter or less. Outcrops are generally blocky and irregular (Figure 1). Hummocky benches suggest the underlying rock is fairly uneven and fractured. Relatively flat, benches and faces with a lower fracture density were noted at several locations (Figure 2), notably at DDH 8 & 9, though these areas appeared to be small and the stone of marginal quality.

Figure 1: Blocky outcrop with frequent irregular fracturing.

Raven Dimension Stone Prospect Mapping & Prospecting Report - October 2, 2015

Page 1 of 13

Figure 2: DDH8 collar marked with pink flagging on a small relatively unfractured bench (UTM 597389E, 5491353N).

Conclusion:While these areas appear to be too fractured overall to justify test quarrying, it may be worth stripping the outcrops and examining them further, as the access is good. More prospecting should be done in this area and on the upper slopes to determine whether areas of less fractured rock can be found.

Evaluation of the large boulder

The large boulder in the boulder field about 500 m to the west of the test quarry site was examined to determine it's suitability for sawing into blocks (Figure 3).

Figure 3: Large boulder west of the test quarry site.


Page 2 of 13

Results:Uncertain. The structure is obscured by vegetation and moss. Areas of the boulder are clearly quite fractured, but there are also sections of the boulder that may be solid.

Conclusions:The area area of the large boulder should be cleared, the large boulder and any other prospective, accessible boulders nearby should be cleaned off and examined to determine whether they are suitable for cutting.

Structure and geology of the test quarry site

The test quarry outcrop was carefully mapped for structure and geology, with an aim of assessing the suitability producing blocks from this site, and of producing a bench plan for a bulk sample.

Results:Medium grained “black granite” (pyroxenite) with frequent veining. The veining generally follows the main joint sets, occurs on spacing of about a half meter. In places, veining appears to give way to an open fracture. Two near vertical dikes and several smaller inclusions and/or disrupted dikes were observed. One of these dikes is about 1 m in width (Figure 4). The dikes have well defined, planar boundaries, and appear to follow the dominant joint set (discussed below).Three joint sets were mapped in the exposed area at the test quarry site (Figures 5 – 7). The dominant joint is a SSE striking, SW dipping joint that occurs at a 1 – 4 m spacing across the outcrop (Figure 8). Two moderately dipping, anastomizing joint sets occur in the central part of the outcrop. They strike to the northeast and have opposite dips. Both appear to turn into, or splay off of, the dominant joint set. Diamond drill holes DDH1 and DDH2 were located and included on the maps and sections. Note that the location of DDH1 is UTM 598390 E and 5491945 N (Zone 10).

Figure 4: Dike outlined with orange paint.


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Raven D

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Figure 8: Steep and moderate joints painted on sawn quarry face.

Conclusions:The outcrop is essentially divided into a series of steeply west dipping panels by the dominant joint set.The moderately dipping, NE striking joints would likely make it difficult to extract large blocks out of the central part of the outcrop. Overall, the degree of fracturing appears to be lower to the NE, but this can't be confirmed due to cover. It should be possible to extract blocks from the west and east ends of the outcrop, and possibly to the NE. Benching on the east side will be limited by the presence of a small creek there. If the overburden is cut down about 2 m to allow access to more rock and more outcrop is exposed by stripping, approximately 8000 – 10 000 tonnes of stone may be accessible (Figures 9 - 11). Assuming a waste factor of about 85%, it should be possible to produce around 1500 tonnes of blocks. There is a discrepancy between the amount of fracturing recorded in the drill logs of DDH 1 – 3 and the amount seen on the outcrop. More fracturing is reported in the logs. This is likely due to some fractures being missed in the outcrop exam, but may also reflect breakage caused by the drilling process. The actual fracture density is probably between the two. This is the main source of uncertainty in estimating the waste factor, and therefore the volume of blocks that may be produced. Another source of uncertainty is the ground profile and degree of fracturing in those areas to be stripped. Note that the outcrop should be cleaned off with a pressure washer and carefully examined again beforebulk sampling commences.


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Scale = 1:250Figure 9: Bench Plan

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Elev. (m)

425

410

Section B

Scale = 1:250Figure 10: Section A - Bench Plan

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425

410

Section A

B

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335°155°

Scale = 1:250Figure 11: Section B - Bench Plan

Raven D



ctober 2, 2015

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Prospecting in the area of the test quarry site The area within about 150 m of the test quarry site, to the north and northwest, was prospected with the aim of locating more outcrop for potential quarry sites and to assess the overall fracture density in the area.

Results:Rounded, relatively unfractured outcrop was found about 150 m northwest of the test quarry site (Figure 12). Jointing appears to be similar in type and spacing to that seen at the test quarry site.

Figure 12: Rounded, relatively unfractured outcrops northwest of the test quarry.

Conclusions:The area of outcrop is fairly steep. The gentler slops between the test quarry site and the steeper outcrop should be explored by trenching, drilling and stripping. The general area should be prospected and mapped to determine the extents of the relatively unfractured rock and search for other potential quarry sites.


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Discussion

Summary:The test quarry site appears to have sufficiently widely spaced jointing to allow the extraction of 1500 tonnes of large blocks (c. 18 tonnes), depending on the amount of stripping and excavating done. However, it is likely that there will be more fracturing than has been observed, which would reduce the number of blocks obtained. Nearby outcrops of unfractured stone suggests that the area of the test quarry is prospective for suitably unfractured rock and should be explored through trenching, stripping and drilling. Clearing and stripping of select areas of the boulder field and benches to the west of the test quarry areashould be done to determine the degree of fracturing in the rock there. Observations to date indicate thestone in these areas is too fractured for block production.

Other Products:Smaller blocks produced during test quarrying (c. 5 to 12 tonnes) could be used for a number of other products. Tiles can be cut from smaller blocks. Previous testing by the author has determined that the stone splits well and could easily be made into split face products. The sale of smaller blocks could effectively double block production, though the value of the smaller blocks would be lower. Good quality blocks in the 10 tonne size range would likely sell for $200 to $300 per tonne, but it is difficult to predict the potential volume of sales without market testing.Crushing material from the talus slopes to produce aggregate for landscaping uses may be feasible, but would likely be limited by local demand. For example, if sorting, crushing and transport cost $70/tonneand the rock sold for $100 per tonne, then it would be necessary to sell considerably more than a few hundred tonnes per year to be worthwhile


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APPENDIX 3

Bushtech Road Report

PROJECT NO: RQL-16.01

Road Access Assessment Raven Quarry Project:

North East of Harrison Hot Springs, B.C.

Prepared for:

Raven Quarries Ltd. George Nicholson, P.Geo 701-675 West Hastings

Vancouver, BC V6B 1N2

Prepared by:

G. Davidson, RFT,

ABUSHTECH BC LTD

March, 2016

PROJECT NO: RQL-16.01 Cogburn Creek Area - Raven Quarries Ltd.

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TABLE OF CONTENTS

Assessment of Road Systems,

Accessing the Raven Quarry Project: Northeast of Harrison Hot Springs, B.C.

PROJECT NO: RQL-16.01

Introduction .................................................................................................................... - 3 -

Scope of Assessment....................................................................................................... - 3 -

Methodology ................................................................................................................... - 3 -

Findings .......................................................................................................................... - 4 -

Harrison East Forest Service Road ............................................................................... - 5 -

Cogburn Creek Forest Service Road ............................................................................. - 5 -

Access Roads .................................................................................................................. - 6 -

Road Information Tables: ............................................................................................. - 7 -

General Summary: ....................................................................................................... - 10 -

Conclusion: .................................................................................................................. - 10 -

Closure .......................................................................................................................... - 11 - Appendices: - Photos - Road Maps


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Assessment of Road Systems,

Accessing the Raven Quarry Project: Northeast of Harrison Hot Springs, B.C.

Introduction As requested, BUSHTECH BC has completed an assessment of road conditions accessing the Cogburn Creek Project, located approximately 43 kilometres northeast, by road, of the resort town of Harrison Hot Springs. The report herein details the scope, methodology, and findings of our assessment. The road was assessed in September of 2015 by Garry Davidson RFT, accompanied by Blaine Knapton. Access to the site was via light truck and ATV’s. The field assessment for this road took four full days to complete, including time required to access the area. For most of field work the weather conditions were very wet and rainy which provided us a good sample of hill side drainage patterns. Scope of Assessment The scope of this assessment was to inspect existing road systems and drainage structures for reconstruction requirements, and to determine if any barriers existed that would impede the safe passage of any equipment required for exploration or bulk sample extraction purposes. The following parameters were taken into consideration during the assessment: Intended use was to be for exploration purposes in the form of diamond drilling

and trenching work for the potential of bulk sample product removal. Existing access road prisms were to be cleared of vegetation and the running

surface made suitable for four-wheel drive pick-up access, structurally sound enough to support the intended equipment.

The largest (weight / size) pieces of equipment to use the roads were to be a 980 type wheel loader and a 350 size excavator for road reconstruction.

Methodology The field assessment generally comprises the review of several sources of information, in conjunction with the walkover of the proposed areas of concern, to identify and assess site-specific conditions. The information reviewed in course of this assessment included


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a 1:20,000 topographical map, Google Earth Pro and some ortho-photographs of the area. No terrain classification / mapping was available at the time of the assessment. Stream classifications are based on information taken from the provincial government website: http//webmabs.gov.bc.ca (Habitat Wizard). Stream widths were confirmed during the field assessment. During the walkover of the area a range of criteria relating to road construction are observed, marked and noted, leading to decisions and recommendations contained in this report. Generally, ground conditions such as rock content, overburden depths and consistency, vegetation, gravel sources, running surface condition, stream and culvert sizes/location and evidential weather history are all taken into account during the fieldwork. Additionally; original construction techniques, road positioning, grades and curve angles are also considered. The road was evaluated, measured, and subsequent works mapped, using a handheld GPS unit, Laser Range Finder and Suunto clinometer. Sections requiring special reconstruction techniques were documented with a digital camera and the GPS unit. Findings In this part of the report, the findings are discussed in text form or summarized in road tables. Excerpts from applicable publications describing methods and results listed in the tables may also be found in this section. The Construction Categories (CC) referred to in the following tables and road design is a method of estimating road building complexity and cost that has been used in the forest industry for decades. CC is determined on the basis of the percent rock in relation to the total volume of all materials. The percent rock is determined as follows: h2

% Rock = * 100% H2 Where:

h = the vertical cut height of all rock measured from the bottom of the ditch. H = the total vertical cut height of all materials including organic layers, glacial till and hardpan measured from the bottom of the ditch.


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Construction Categories (CC) CC 1 2 3 4 5 6

% Rock 0 1 – 12 13 – 37 38 – 62 63 – 87 88 + Construction Categories are determined by visual estimation only, no sub-surface excavation was conducted during this assessment. Observing existing local road cuts, conditions at the base of wind fallen trees and local rock outcroppings provides sufficient information to estimate construction categories with reasonable accuracy. Harrison East Forest Service Road Access to the Raven Project begins with the Harrison East Forest Service Road (FSR) which leaves Rockwell Drive approximately 6.5 kilometers north of the town of Harrison Hot Springs. During the field assessment for this project the FSR was evaluated for any deficiencies that might need improving or impede development of the Raven Project. The Harrison East FSR is a long established, well located road that has served the resource sector for many decades. No problems were noted as the maintenance obligations for this road are currently being properly kept up by a major local logging company and various other users. Lakeside Pacific Forest Products Ltd. (LPFP) was actively hauling logs over the FSR and adjacent spur roads at the time of the field work. Cogburn Creek Forest Service Road The Cogburn Creek FSR leaves the Harrison East FSR at about the 23 kilometer mark and winds its way for approximately 12 kilometres to the Raven Project site. LPFP is the designated primary user and currently holds a Road Use Permit for this FSR. LPFP was actively logging from the North Fork drainage at around 2 kilometre, conducting maintenance works at various other locations along the road and carrying out engineering activities further up the FSR. Raven Quarries Ltd. is currently negotiating a Road Use Agreement and maintenance/construction works arrangement with LPFP with the intent to utilize local equipment to develop the exploration program. This FSR has functioned as a logging road for several decades and will not require any structural upgrading to support any of the Raven Project’s operations. At the time of the assessment the FSR was in relatively good condition and would be suitable for access to the project site for exploration endeavors. Seasonal routine maintenance works and


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minor road repairs, mostly related to water management, will probably be required when exploration operations start up in the spring:

• Culvert and Ditch Line Maintenance - ensure water flow is unimpeded by material that may have sloughed over winter.

• Grading or clearing of the road running width in areas where surface erosion or rock fall would prevent safe vehicular passage.

• The Hut Creek (Ford) crossing will need to be assessed for safe 4X4 access prior to the first crossing in the spring to ensure winter storms have not gouged the channel excessively.

• Assessment and removal of any dangerous and/or wind fallen trees. Access Roads All proposed exploration and bulk sample activities for the Raven Project can be accessed using old, non-status logging roads. A Non-Status forest road is defined as an existing road on Crown land that is not being used under any authorization by a government agency. All of these access roads are located within mineral tenures controlled by Raven Quarries Ltd. It is estimated the last industrial use of these roads was around 40-50 years ago during the initial harvesting of the adjacent stands of timber. Since the logging took place the roads have sat unused and were not deactivated nor did they see regular maintenance. Considering the length of time these roads sat inactive, they remain in a relatively stable condition. Generally, all of the access roads that are intended for use by Raven Quarries Ltd. are located on moderately sloped terrain, mostly on slopes less than 40% with a few isolated sections of slopes greater than 50%. No road related terrain hazards were noted during the field assessment. The access roads have seen some amount of surface erosion and are heavily vegetated with conifer and deciduous trees. Re-activation works, using standard forest road construction techniques, will entail brushing, ditching, re-surfacing, water management and some areas of additional widening. Surfacing and other construction materials are readily available in the adjacent cut slope. Road and drainage structure specifics for the Access Roads are outlined in the following tables:


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Road Re-Construction Tables:

Stat

ion

(Hor

izon

tal

Dist

ance

&

UT

M

Coo

rdin

ate)

Ave

rage

G

rade

%

Ave

rage

S

ide

Slop

e w

ithin

roa

d pr

ism

%

Exi

stin

g R

unni

ng

Surf

ace

Wid

th (m

)

Con

stru

ctio

n C

ateg

ory

Dra

inag

e St

ruct

ure

&

Str

eam

In

form

atio

n

Terrain and Construction Comments

Road Information: Spur- Rav1

0+000 – 0+114 < 5 +40 / -30 4.5 1 Ditching and minor excavation to gain sufficient running surface is all that is required in this section.

0+114 < 10 +45 / -30 5 1 400 mm Size

NCD Use local coarse material to construct ditch-block and armor the inlet and outlet of culvert.

0+114 – 0+186 < 10 +35 / -30 4.5 1 Ditching and minor excavation to improve running surface is all that is required in this section.

0+186 10 +35 / -30 4.5 1 600 mm size

culvert required. S6 Stream

Use local coarse material to construct ditch-block and armor the inlet and outlet of culvert.

0+186 – 0+232 5 - 10 +35 / -30 4.5 1 Several seepages coming out of cut, ditch down to culvert at 0+186 0+232 – 0+295 10 – 15 +50 / -25 4.5 3 Solid rock noted in cut.

0+295 – 0+387 < 10 +40 / -30 4.5 1 Section crosses talus slope, lots of blocky construction material available. End of planned reconstruction.

Road Information: Spur – Rav2A

Stat

ion

(Hor

izon

tal

Dist

ance

&

UT

M

Coo

rdin

ate)

Ave

rage

G

rade

%

Ave

rage

S

ide

Slop

e w

ithin

roa

d pr

ism

%

Exi

stin

g R

unni

ng

Surf

ace

Wid

th (m

)

Con

stru

ctio

n C

ateg

ory

Dra

inag

e St

ruct

ure

&

Str

eam

In

form

atio

n


0+000 – 0+039 < 5 +45 / -30 4 1 Standard road reconstruction. Rock showing in cut, move road out to avoid rock and gain sufficient road width.

0+039 – 0+099 15 – 20 +65 / -55 2.5 3 Suspect rock in cut, place local blocky material on fill slope to gain desired running width. End of planned reconstruction.

NCD = Non Classified Drainage (seepage) Stream Class – S2 = up to 20 meters wide, fish bearing; S5 = >3 metres wide, non-fish bearing, S6 = up to 3 meters wide, non-fish bearing


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Road Information: Spur – Rav2 St

atio

n (H

oriz

onta

l D

istan

ce &

U

TM

C

oord

inat

e)

Ave

rage

G

rade

%

Ave

rage

S

ide

Slop

e w

ithin

roa

d pr

ism

%

Exi

stin

g R

unni

ng

Surf

ace

Wid

th (m

)

Con

stru

ctio

n C

ateg

ory

Dra

inag

e St

ruct

ure

&

Str

eam

In

form

atio

n


0+000 – 0+032 10 +30 / -30 4 1 400 mm

NCD Install Cross-Drain culvert at Junction with the Cogburn Creek FSR. Road surface severely eroded, use local materials from cut to widen and improve running surface.

0+032 10 +30 / -30 4 1 400 mm

S6 Install culvert at stream crossing, use local coarse material to construct ditch-block and armor the inlet and outlet of culvert.

0+032 – 0+137 > 10 +40 / -35 5 1 There is an old damaged and plugged 1000 mm culvert remaining in the road prism at 0+137. Remove culvert and dispose of in an environmentally sound manner.

0+137 10 - 15 +30 / -30 4.5 3 Construct Ford

S5

Stream has flooded in the past. Dispose of woody debris on the fill slope outside of the high watermark of stream. Use local coarse materials to build a wet crossing (Ford). Ensure there is a sufficient swale in the road grade to keep any high water in the stream channel.

0+137 – 0+222 10 - 15 +45 / -45 2.0 - 3.0 1 There is an old damaged and plugged 1000 mm culvert remaining in the road prism at 0+222. Remove culvert and dispose of in an environmentally sound manner

0+222 10 – 12 -35 / +50 4 3 Construct Ford

S5


0+222 – 0+313 10 – 15 -45 / +40 4 1-2 Standard road reconstruction, use local materials to gain sufficient width and improve running surface.

0+313 12 -45 / +40 4 3 400 mm

NCD Use local coarse material to construct ditch-block and armor the inlet and outlet of culvert.

0+313 – 0+378 15 – 20 -50 / +45 4.5 3 Standard road reconstruction, use local materials to gain sufficient width and improve running surface.

0+378 – 0+549 10 – 12 -50 / +50 4 1 Section crosses talus slope, lots of blocky construction material available. 0+564 10 -50 / +50 6 1 Appears to be suitable surfacing material in cut. Potential borrow pit location.



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Road Information: Spur Rav2– cont. St

atio

n (H

oriz

onta

l D

istan

ce &

U

TM

C

oord

inat

e)

Ave

rage

G

rade

%

Ave

rage

S

ide

Slop

e w

ithin

roa

d pr

ism

%

Exi

stin

g R

unni

ng

Surf

ace

Wid

th (m

)

Con

stru

ctio

n C

ateg

ory

Dra

inag

e St

ruct

ure

&

Str

eam

In

form

atio

n


0+564 – 0+969 10 – 15

+55 / -50 3 2 Section traverse talus slope, use local blocky materials to key into fill slope to obtain desired running surface width.

0+969 10 +50 / -50 4 3 Construct Ford

S5


0+969 – 1+120 < 10 +45 / -30 4 1 Standard road reconstruction, use local materials to gain sufficient width and improve running surface. End of planned reconstruction.

Road Information: Spur – Rav2B

Stat

ion

(Hor

izon

tal

Dist

ance

&

UT

M

Coo

rdin

ate)

Ave

rage

G

rade

%

Ave

rage

S

ide

Slop

e w

ithin

roa

d pr

ism

%

Exi

stin

g R

unni

ng

Surf

ace

Wid

th (m

)

Con

stru

ctio

n C

ateg

ory

Dra

inag

e St

ruct

ure

&

Str

eam

In

form

atio

n


0+000 – 0+085 5 – 10 +45 / -35 3.5 1 Standard road reconstruction, use local materials to gain sufficient width and improve running surface.

0+085 5 +50 / -30 3 2 Construct Ford

S5

Stream has flooded in the past. Dispose of woody debris on the fill slope outside of the high watermark of stream. Use local coarse materials to build a wet crossing (Ford). Ensure there is a sufficient swale in the road grade to keep any high water in the stream channel. There is an old damaged and plugged 1000 mm culvert remaining in the road prism at 0+137. Remove culvert and dispose of in an environmentally sound manner.

0+085 – 0+267 < 10 +35 / -40 4.5 3 Standard road reconstruction, use local materials to gain sufficient width and improve running surface. End of planned reconstruction.



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General Summary: Although some road sections, at times, cross over slopes greater than fifty percent, the materials in these sections tend to consist of coarse rock that are well drained, or the section is located on benchy ground offering little risk to downslope resources. Having said that, care must be taken to minimize the amount of material introduced on to the outside edge to avoid overloading the fill slopes. Utilizing keyed fill construction techniques on in these areas can provide a strong road prism while minimizing the risk of road related fill falures. Reconstructing the road to an average 4.5 meter running surface will help minimize the environmental foot print and provide a suitable passage way for the intended vehicle and equipment use. Excavated stumps, roots or cleared brush should not be placed in the road prism but be positioned flat against the fill slope well away from the high water mark of any stream and not interfere with ditch or culvert flow. Culverts have been prescribed where evidence of flow was noted but if additional flows are encountered during reconstruction more cross drain culverts may be required to maintain natural drainage patterns. Fords have been prescribed on the main creek channel that Spurs Rav2 and Rav2B intersect. In isolated locations where maintenance equipment may not be available on a continuous basis Fords require little maintenance, are storm proof and can be effective in reducing adverse impacts to the environment and road infrastructure where streams are prone to debris torrents. Ford construction should mimic the stream channel in width, shape and material. The size and shape of the largest cobbles and boulders in the stream channel provide a guide to the minimum size of rock to be used to construct the ford. The prescribed Ford locations are all rock controlled and have ample suitable material in which to build a durable crossing. Conclusion: No areas along any of the proposed access roads present any construction issue outside of the intended construction level that would entail additional professional assessment. Should differing ground conditions be revealed during road reconstruction the appropriate professional assistance ought to be contracted. Time and weather have had their effects on this road but the overall rock controlled nature of past road construction combined with the relatively moderate side slopes are major contributors to its present state. Considering that, I am confident that the intended road reactivation plans coupled, with careful construction techniques, well thought-out water management practices and an effective monitoring program, can be carried out with very low environmental risk.


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Upon seasonal shutdown or cessation of exploration activities it would be advisable to have the project area assessed for deactivation works. A well thought out deactivation plan will preserve the road prism, protect any assets and minimize any potential environmental impacts. Consult with the appropriate professional for assistance in establishing any deactivation prescriptions in the field. Closure This report was prepared for use by Raven Quarries Ltd, which includes distribution as required for purposes for which this assessment was commissioned. The assessment has been carried out in accordance with generally accepted engineering practices for the forest industry. Judgment has been applied in developing recommendations and conclusions included in this report. No other warranty is made, either expressed or implied to our clients, third parties, and any regulatory agencies that may be impacted by the recommendations. It is trusted that this report satisfies your present requirements. Should you have any questions regarding this report, or if additional information is required, please contact the undersigned at your convenience. Sincerely, BUSHTECH BC

Garry Davidson, RFT [email protected]

mailto:[email protected]

Spur Road RAV 1 – Sta. 0+186 Spur Road RAV 1 – Sta. 0+186

Spur Road RAV 2 – Sta. 0+032 – S6 Stream Spur Road RAV 2 – ~ 0+150 – Typical Condition

Spur Road RAV 2 – 0+222 S5 Stream – Ford Construction Spur Road RAV 2 – 0+222 S5 Stream – Ford Construction

Spur Road RAV 2 – 0+378 – Typical Condition Spur Road RAV 2 – 0+378 – Typical Condition

Spur Road RAV 2 – Sta. 0+969 – S5 Stream – Construct Ford Spur Road RAV 2 – Sta. 0+969 – S5 Stream – Construct Ford

Spur Road RAV 2B – Sta. 0+085 – S5 Stream – Ford Construction Spur Road RAV 2B – Sta. 0+085 – S5 Stream – Ford Construction

PROPOSEDROAD RECONSTRUCTION

December, 2015

- 0+114

- 0+232

- 0+387

ABUSHTECH BC LTD

0+000 Spur Road

RAV 1

December, 2015 ABUSHTECH BC LTD

0+137 -

- 0+222

0+000 Spur Road

RAV 2A

0+000 Spur Road

RAV 2B

0+313 -

- 0+564

RAV 2

- 0+085 - 0+267

- 1+120

0+969 -

APPENDIX 4

EV#5618073 dated 2016/Sept/11

Exploration and Development Work

/ Expiry Change Event Detail

geological assessment report on the raven

Documents