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I I I I I I I I I I I I I I I I I I I Timmins Magnesite Project Globex Mining Enterprises Inc. R. V. Zalnieriunas P. Geol January 15, 2009 Rouyn-Noranda, QC fil e: ... \\DD2008.wpd Fall 2008 Diamond Drilling Diamond Drill Holes TM-05 to TM-21 (inclusive) Deloro Township, Ontario NTS: 42A16 RECEI GEOSCIENCE ASSESSMEm OFFICE J ·40 242 -

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Page 1: DIAMOND DRILL RPT DELORO TWP · GeoticLog and GeoticGraph software licenced from Geotic Inc., Val d'Or, QC. Logging data is stored as a MS-Access compatible" * .mdb" database file

I I I I I I I I I I I I I I I I I I I

Timmins Magnesite Project Globex Mining Enterprises Inc.

R. V. Zalnieriunas P. Geol January 15, 2009 Rouyn-Noranda, QC

file: ... \\DD2008.wpd

Fall 2008 Diamond Drilling

Diamond Drill Holes TM-05 to TM-21 (inclusive)

Deloro Township, Ontario NTS: 42A16

RECEI

GEOSCIENCE ASSESSMEm OFFICE

J ·40242 -

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Page: 1 Timmins Magnesite - 2008 Drilling Program

Introduction

Diamond drilling on the Timmins Magnesite project was carried out by Globex Mining Enterprises Inc. during the autumn and of 2009. The purpose of this work was to continue the delineation of the main magnesite alteration zones, on local grid sections 8+50E, 9+50E and 10+50E, in and immediately east of the current "in-pJace" blasted Pamour sample pit.

Property; Description and Location

The property is 100% held by Globex Mining Enterprises Inc .. The claims lie in south­central Deloro Township, approximately 11 kilometres southeast of Timmins, Ontario. The project consists of 19 unsurveyed mining claims, totalling 24 claim units of 16 hectares (more or less), covering an approximate area of384 hectares and an approximately equally sized area of severed, 'surface-rights-only' mining patents. (see Appendix A for claim data and Claim Map sketch Figure 1 below)

The claim group is approximately centred 1.5 kilometres east of Gold Lake and 1.5 kilometres north of the Deloro-Adams township line. The property lies within the Porcupine Mining Division and Timmins RGO of MNDM; Timmins MNR Administrative District; and Cochrane Land TitleslRegistry Division. Claim outlines are illustrated on claim map G-3993 and are within NTS 42A/6.

Access

Vehicular access to the claim group is provided by a road via Pine Street South from the City of Timmins, south for 12 kilometres to the McArthur Forestry Access road, east for 3 kilometres to the 'Wishbone' powerline and then northwards for 3 kilometres by a series of seasonal trails to the centre of the claims.

General Geology

The deposit is described in Ontario Geological Report 219, "Geology ofthe Timmins Area!! by D.R. Pyke (1982) and in the Ontario Geological Survey Study 28, ttTalc, Magnesite and Asbestos Deposits in the Timmins -Kirkland Lake Area, Districts of Timiskaming and Cochrane ll by Kretschmar and Kretschmar (1986).

In an initial description of the magnesite deposit, Griffis (1972), noted that:

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda, QC J9X 2JI

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Timmins Magnesite - 2008 Drilling Program

"This deposit is characterized by four distinct mineral assemblages. The central section of the carbonate zone contains medium grained magnesite, talc, quartz and accessory iron oxide minerals. One isolated outcrop at the east end of the carbonate deposit contains fine-grained magnesite and quartz with minor talc and hematite. A mineral assemblage consisting of fine-grained magnesite. talc, serpentine, and accessory iron oxides is also recognized in the eastern section and is in close proximity to serpentinite country rock in which minor magnesite is present. Petrographic evidence suggests that these assemblages represent various stages in the progressive alteration of a serpentinite parent rock.

Chemical and petrographic data from the various assemblages indicate that negligible amounts of magnesia were added to or removed from the system during alteration. Similarly, very little silica was added during alteration but it is possible that some SW2 was removedfrom the system during early stages of carbonatization. Volumetric changes due to carbonate alteration are minor, although a late-stage -of silicification probably resulted in a significant increase in the volume of the system. Published data on the system lvfgO-SW2-H20-C02 indicate that during early stages of alteration, temperatures may have been in the range 150-300°C but increased during the alteration which resulted in the magnesite-tale-quartz assemblage of the central section of the deposit. "

Previous Work

Page: 2

Early diamond drilling, in the area of the current project, was carried out by Porcupine Southgate and focussed on precious metal exploration. A total of 29 bore holes, totalling 8,108.6m were completed (MNDM Timmins RGO - Assessment File T-l 08). Some of these drill holes fall within the limits of the present claim block.

The current claim group was originally staked by Pamourex and fe-staked by Royal Oak Mines Ltd. during 1984-85.

The property had been originally examined for refractory magnesia potential by Canadian Magnesite Mines during the 1960's, during which time 8 diamond drill holes for 1,209.8m were completed in 1962 (MNDM Timmins RGO - Assessment File T-708).

Diamond drilling was continued by Pamourex in 1985, when a further 8 diamond drill holes were completed for 591.3m. (MNDM Timmins RGO - Assessment File T-2544) In addition, during 1986, Pam our Inc. using OMEP funding, completed a small scale pit sampling program. The primary purpose of this" 1986 bulk sampling program was to

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda. QC J9X 211

Tel.:(8191797-5242 Fax.: (819)797-1470 Email: "" ' 1.1.

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Page: 3 Timmins Magnesite - 2008 Drilling Program

provide a large quantity (15,000 tons) of broken, unweathered and representative magnesite-talc material, to be drilled, blasted and left in the pit, ready for loading and shipping to various potential J. V partners. /I (Pamour (1986) OMEAP report, gmx file Deloro-l03) "

The "Pamour Pit" is located between 1 + 1 OS to 1 +60S at 8+60E on the current (1998 Royal Oak) surface exploration grid. Note: a 5 ft bench of potentially oxidized material was first drilled and blasted off the surface. A subsequent blast was then carried out & left in place for future work. Some of this material has subsequently been used as evidenced by some trenching (ie reports of 1,620 tons shipped to Steeley Talc for processing etc. as available in Globex files).

The combined sampling and drilling efforts of Canadian Magnesite Mines and Pamour resulted in ultimately outlining in the mid- 1980's of a reported (non-NI 43-101 conformable) proven reserve of 20 million tonnes of material containing 52% magnesite and 28% talc.

The project was optioned by Magnesium Refractories Ltd during 1989-1994. Development efforts primarily consisted of completing additional mineral and metallurgical ore studies, which resulted in a positive feasibility study, but, the company was unable to raise funds for further work. During 1997, Royal Oak re-staked some claims and competed some additional studies in 1997-98.

Two drill holes, for a total of 151.0m, were completed by Pentland Firth Ventures Ltd. for Kinross in 1999 on section 7+00E. (DOH's KDE99-1 & 2, see Yule 1999). These holes were subsequently analysed by Globex Mining Enterprises Inc. early in the year 2000. Results reported in Zalnieriunas (2000a).

Two diamond drill holes (Zalnieriunas, 2000b) were completed by Globex in 2000 (ddh's TM-Ol amd TM-02), with an additional two diamond drill holes (TM-03 and TM-04) completed 200 1 (Zalnieriunas 2001), for a total of 342. 7m of coring on section 6+00E. The stratigraphic drilling by both Pentland Firth and Globex, during these years successfully extended substantial magnesite mineralized widths to more than 250 meters west of the "Pamour Pit". During the early part of this decade, Globex concentrated on scoping and developing this property as a magnesium metal project using magnesite (MgC03) as a primary feed stock.

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda, QC 19X 2]1

Tel.:(819)797-5242 Fax.: (819)797-1470 Email:' ,I" .. "1,,1,, ',!t""",,,,, "", Web: Idt:' """ ,',I .j" "n,,,,,,,:,, ,,'"

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Page: 4 Timmins Ma2nesite • 2008 DrilJin2 Pro2ram

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Figure 1: Claim Map and Location of 2008 Field Work

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda, QC J9X 211

Tel .:(8 19)797-5242 Fax .. (8 19)797-1470 Email: jnfb@giellgNminjnuyelll Web: hlle llwww\lIQ\JsW!ujoB·StllU

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Page: 5 Timmins Magnesite - 2008 Drilling Program

In 2007, preliminary laboratory work by Drinkard Metalox on selected Globex quartered core from section 6+00E, indicated that the intersected magnesite mineralization could produce a high quality magnesia and magnesia by-products, using hydrometallurgical techniques. Additional bench testing and engineering is currently underway, in order to investigate the potential of using these processing methods. Diamond drilling by Globex in the area of the "Pamour Pit" and the area immediately to the east was carried out in support of these studies. (Field work summarized in this report).

2008 Drill Program

Seventeen (17) drill holes, totalling 2,126.7m (TM-05 to TM-21 inclusive) were completed on sections 8+50E, 9+50E and 1 0+50E, within the core, central area of the Timmins talc-magnesite deposit. Work concentrated on stratigraphic drilling of the main southern magnesite lens, in the area of the Pamour Pit, for magnesite, talc, MgO (wt%) grades, deleterious materials and mineralogical zonation studies. A stratigraphic fence was also examined the northern magnesite zone, on section 10+50E.

Drill collars were established using the 1998 Royal Oak surface metric grid and hand held Garmin GPS instruments. Drilling was carried out by Timmins-based crews from Bradley Bro.' s Ltd.. A skid mounted, Longyear 17 A drill rig was mobilized into the property on October 21, 2008. Diamond drilling was completed on November 20, 2008, with all equipment de-mobilized out during the subsequent week. All core logging was completed by December 12, 2008 and a11 core cutting and geotechnical studies (RQD, specific gravity etc) were completed by January 9,2009. No drilling difficulties were experienced. Several diamond drill hole casings were found to make water. These sites are noted in the remarks section of the individual core log front pieces and all of these casings have been properly capped. These bore holes may provide an adequate source of water in the future, as lack of surface drilling water has proven to be an issue in the past.

Supervision and core logging was carried out by R.V. Zalnieriunas, P.Geo. with the geo­technical aid of Messrs. D. Vachon of Larder Lake and A. Sorochak of Matachewan, Ontario. Drill logging was carried out using an IBM X41 ThinkPad laptop using GeoticLog and GeoticGraph software licenced from Geotic Inc., Val d'Or, QC. Logging data is stored as a MS-Access compatible" * .mdb" database file. Description of these software programs is available at the company's web site (see www.geotic.net).

All physical work was carried out on claims P 850090, P 850094. P 850095, P 850096 and P 850097.

Core was transported to a rented core shack of Globex Mining Enterprises Inc. in Larder Lake, ON, where it was logged. Visual estimates of mineralization were completed as

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Page: 6 Timmins Magnesite - 2008 Drilling Program

part of the logging process and are reported within the drill logs. Assay results received to date consist of limited gold and nickle geochemical assays that were collected in pyritic wall rock sections to the principal magnesite target zones. Various geochemical whole rock analyses, scans and assays are pending, and will be reported at a later date. Drill logs and sections are appended below.

Table 1: 2008 Diamond Drill Program

DDH Claim Line (m) Station Elevation (m Azimuth Dip (m) EOH(m) No. (m) amsl) (deg)

TM-05 850094 L8+50 E 0+618 320.0m EL 358 -45 118.00 TM-06 850094 L8+31 E 1+218 322.0m EL 6 -45 120.25 TM-07 850094 L8+30 E 1+21 8 322.0m EL 96 -45 120.98 TM-08 850094 L8+50 E 1+828 325.0m EL 4 -45 122.00 TM-09 850094 L8+50 E 2+438 324.0m EL 360 -45 121.94 TM-10 850094 L8+49 E 3+048 322.0m EL 360 -45 121.94 TM-11 850097 L8+50 E 3+648 319.0m EL 358 -45 121.82 TM-12 850096 L9+50 E 3+668 320.0m EL 360 -45 56.00 TM-13 850095 L9+50 E 3+05 S 322.0m EL 358 -45 121.86 TM-14 850095 L9+50 E 2+498 322.0m EL 360 -45 121.54 TM-15 850095 L9+50 E 1+84 S 324.0m EL 2 -45 122.04 TM-16 850095 L9+50 E 1+278 325.0m EL 2 -45 122.03 TM-17 850095 L9+50 E 0+688 315.0m EL 2 -45 122.06 TM-18 850095 L10+50 E 0+708 313.0m EL 357 -85 152.09 TM-19 850095 L10+50 E 0+88 N 313.0m EL 176 -45 121.82 TM-20 850090 L10+50 E 1+42 N 313.0m EL 180 -45 140.00 IM-21 aQQQ8Q L,jQ+I.2Q E 1+88 t::i ~1;J Qw EL 1aQ -~Q 188.al

17 ddh Total= 2126.18

Discussion

Disclaimer: as noted above, except for a few gold assays, no anal)1ical results have been received to date for the current work program, therefore the following discussion should be viewed as being preliminary in nature only, and is restricted to visual observations of core.

At the present time, all marked core samples have been cut and submitted to Expert Laboratories, Rouyn-Noranda, QC. All ofthese sample have passed through the sample preparation process, in which samples are dried, crushed, riffled and pulped. Analytical results for samples marked for Au-Ni assay have been received and have been entered into the relevant drill logs. A set of sample pulps have been submitted to Activation Laboratories (ActLab), Ancaster, ON for geochemical analysis. A second set of riffled

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda. QC J9X 2Jl

Tel.:(819)797-5242 Fax.: (819)797-1470 Email' """:' i.i •• ,,,. "".\""". I ,,'" Web,: "I' II"" ,.1.,'10. ","!Un:. I, •• ,,,

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Page: 7 Timmins Magnesite - 2008 Drilling Program

coarse reject has been prepared and submitted to SGS Mineral Services of Lakefield Research Ltd. for mineral identification and probe work.

Geological core logging indicates that both of the historical magnesite-rich carbonate zones were intersected. In broad terms, the carbonate zone is developed at and within the upper contact(?) of an utramafic volcanic-sediment assemblage and a northerly mafic volcanic sequence. These alteration zone(s) can be regarded as an end member of a class of carbonate bodies, locally colloquially termed "green carbonate", "grey cabonate", etc of the carbonate-style ores of the Larder Lake Camp. This alteration is most likely a by­product of extensive fluid flow of a convective hydrothermal cell that was rooted on the north-northeast striking Shaw Creek Fault.

Observed visual alteration zonation patterns remain unchanged from that as inferred by Yule's (1999) lithological coding.

The core of the alteration zone is a massive, coarse grained, over-printed and re­crystalized magnesite and lesser talc unit (current litho code -mz) showing no visible relic original textures. Within surface strip zones (ie Pamour Pit area), this area shows a well developed set of quartz-carbonate extensional veins and stockworks, with subvertical to steep south dipping linker veins that strike easterly and sigmoidally curved, moderately dipping tension ladder structures. The presence of quartz veins probably played a role in forming positive weathering ridges, however, drilling indicates that the "high-grade" magnesite zones are wider than that exposed on surface, and carry much less veining than anticipated. Additional diamond drilling in other directions will be needed to confirm this interpretation. Typically, the core zone area is a leucocratic pale grey in colour showing localized medium pink to dark red (hematitic?) colour bands. Specularite (specular hematite) occurs ubiquitously throughout, either as fine grained disseminated grains and spots and as centimetric scale, disrupted (boudinaged?) coarse to medium grained cross cutting stringers. Specularite appears in part to be replacing subhedral to euhedral magnetite grain forms. Often, a set of centimetric dark grey fracture / joint controlled alteration is visible as stringers or stockwork. This will locally grade into areas of alternating cleavage controlled colour layering. This material is interpreted to represent black magnesium-rich chlorite development.

The transition zone has been logged as a talc-carbonate-chlorite zone (litho code -tz). It is physically similar to the above described core magnesite zone, other than it tends to be darker in tone (medium grey) due to the presence of aphanitic to fine grained black chlorite and tends to overall be more bladed to foliated in texture. The zone may be richer in talc (still to be determined as fact) and has strong carbonate groundmass developed, but, shows variable lesser amounts of magnesite in inverse proportion to developed ferro­dolomite (as evidenced by positive iron stain responses).

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The outer carbonate zone, logged as serpentine-tale-carbonate (litho code -sz) is characterized by the presence of medium green, vari-textured serpentine. The proportion of ferri-dolomite to magnesite has not yet been determined. As with the above mentioned core and transition zones, no calcite has been noted.

Based on the 1999 to current drilling results, the following geological observations and interpretations are proposed:

a) the immediate southern wall rock to the main southern magnesite zone appears to consist of a mixed sequence of extrusive ultramafic flows, locally spinfexed, and talc-chlorite schists. A sequence of intercalated talcose clastic sediments (therefore of ultramafic provenance) occurs towards the northern part of this band.These sediments range fromgenerally southerly talcose mudstones, pebbly siltstones to talcose monomictic conglomerates / re-worked debris flows generally found to the north. Minor intercalated bands of graphic mudstones have also been encountered and correspond to a formational airborne conductor. Overall facies changes and grading in the sediments suggests that stratigraphic tops face towards the south.

b) from L5+00E to L8+50E, the southern UM volcanics, sediments, and also the southern stratiform contact to the South Carbonate Zone strikes westerly and dips moderately at 70 to 60 degrees to the North. If the stratigraphic facing direction is to the south, then the sequence is overturned. Because a consistent set of "S­shaped" kink structures have been logged throughout this part of the assemblage, it may be anticipated that a second or third order anticlinal axis occurs to the south and a syncline to the north.

c) east ofL8+50E, the southern contact of the main South Carbonate Zone deflects to the northeast. This change in attitude is associated with areas of intersected fault gouges and shears, so that it is inferred that between L8+50E and LlO+50E the carbonate zone's contact is bound by a northeast striking set of post­alteration structures, dips of which have not been determined.

d) Taking into account the above points would imply that not only do the carbonate zones occur at a major MVO-UMV contact, marginal or at the intersection of regional scale faults or shears, but, also occur in or near the hinge of a synclinal structure.

e) the southern UM volcanics and sediments are intruded by a narrow, west striking, 85 degree south dipping feldspar porphyry dyke.

1) the northern contact of the main Southern Carbonate Zone appears to be sub-

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Page: 9 Timmins Magnesite - 2008 Drilling Program

parallel to a magnetic diabase sill that strikes to the east and dips at 60 degrees or less to the north.

g) preliminary interpretation of the Northern Carbonate Zone on LIO+50E indicates that it is arranged as an open synform. The cap rock for the most part is a calcitic mafic volcanic.

Recommendations

The first priority that remains is to integrate the outstanding geochemical analysis, as they become available, review these results and report them. In order to advance the project compilation efforts to a uniform database also need to be carried out so that proper sections and plans can be completed.

If further diamond drilling is warranted, a variographical study of magnesite, talc and extractable magnesia should be completed as an aid to determining an appropriate diamond drilling density pattern.

Completion of a 3D model, comprised of geological solids and grade blocks would also be an asset.

If a positive scoping study is arrived at, based on on-going metallurgical and engineering studies, a compressive drilling and sampling program will be needed to define mineral resources and / or reserves.

R.V. Zalnieriunas P.Geo. Chief Geologist Globex Mining Enterprises Inc. January 15,2009 Rouyn-Noranda, QC

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References

Griffis, R. (1972) Genesis of a Magnesite Deposit, Deloro Twp., Ontario; in Economic Geology, Vol. 67,1972, pp. 63-71

Kretschmar and Kretschmar (1986) Talc, Magnesite and Asbestos Deposits in the Timmins -Kirkland Lake Area, Districts of Timiskaming and Cochrane; Ontario Geological Survey Study 28

Pyke, D.R (1982) Geology of the Timmins Area; Ontario Geological Report 219

Yule, G. (1999) Kinross Magnesite Drill Program Summary; Pentland Firth Ventures Ltd. report dated November 1999 in company files.

Zalnieriunas, R.V. (2000a) Whole Rock Analytical Results for Diamond Drill Holes KDE99-01 and KDE99-02; Globex Mining Enterprises Inc., Timmins Magnesite Project, Deloro Township, Ontario, Canada, NTS: 42A/6; Globex Mining report dated: May 4,2000 Rouyn-Noranda, QC, file:

\\kde_ass.rpt.

Zalnieriunas, RV. (2000b) Timmins Magnesite Project, Globex Mining Enterprises Inc., Fall 2000 Diamond Drilling; Diamond Drill Holes TM-OI and TM-02; Deloro Township, Ontario, NTS: 42A16; Globex Mining report dated: December 14, 2000 Rouyn-Noranda, QC, file

\\dd2000.rpt.

Zalnieriunas, R.V. (2001) Timmins Magnesite Project, Globex Mining Enterprises Inc., Summer 2001, Diamond Drilling; Diamond Drill Holes TM-03 and TM-04; Deloro Township, Ontario, NTS: 42A/6; Globex Mining report dated October 4, 2001, Rouyn-Noranda, QC; file:\\dd200Lrpt;

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Timmins Magnesite - 2008 Drilling Program

APPENDIX' A'

Claim Data

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Timmins Magnesite - 2008 Drilling Program

Table 2: Timmins Magnesite Project Claim Data (as of January 15, 2009)

Claim Recording Claim Due Ownership Work Total Number Date Date (%) Required Applied

1207799 1997 -Aug-28 2009-Aug-28 100% $1,200 $12,000 1212628 1996-Feb-12 2009-Feb-12 100% $400 $4,400 1219705 1999-May-05 2009-May-05 100% $1,600 $12,800 725183 1984-Feb-28 2009-Feb-28 100% $400 $9,600 725184 1984-Feb-28 2009-Feb-28 100% $400 $9,600 781232 1984-Feb-28 2009-Feb-28 100% $400 $9,600 849849 1985-Jun-04 2009-Jun-04 100% $400 $9,200 849850 1985-Jun-04 2009-Jun-04 100% $400 $9,200 849851 1985-Jun-04 2009-Jun-04 100% $400 $9,200 850090 1985-May-07 2009-May-07 100% $400 $9,200 850091 1985-May-07 2009-May-07 100% $400 $9,200 850092 1985-May-07 2009-May-07 100% $400 $9,200 850093 1985-May-07 2009-May-07 100% $400 $9,200 850094 1985-May-07 2009-May-07 100% $400 $9,200 850095 1985-May-07 2009-May-07 100% $400 $9,200 850096 1985-May-07 2009-May-07 100% $400 $9,200 850097 1985-May-07 2009-May-07 100% $400 $9,200 850098 1985-May-07 2009-May-07 100% $400 $9,200 878736 1987-Feb-02 2009-Feb-02 100% $400 $8,400

19 claims Total = $9,600 $176,800

Notes: 1) all claims held in Deloro Township 2) O\\'Iler listed as Globex Mining Enterprises Inc. 3) $0 balance held in Bank 4) $1,877 held in Reserve 5) value of assessment work as represented by this report to be applied

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda QC 19X 211

Tel.:(819)797"5242 Fax.: (819)797-1470 Email: ",.1"" 1'.1,,[,,

Page: 12

Total Reserve

$14 $0 $0 $7

$34 $0 $7 $0

$14 $40 $54 $33

$0 $1,663

$11 $0 $0 $0 $0

$1,877

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I I I I I I I I I I I I I I I I I I I

Timmins Magnesite - 2008 Drilling Program

APPENDIX '8'

Diamond Drill Logs

TM-05 to

TM-21 (inclusive)

Globex Mining Enterprises Inc. 86, l4e rue, Rouyn-Noranda, QC J9X 2Jl

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Bradlev Bros. Ltd. RV. ialnieriunas PGeo.

1------.. Collar .. ~~---~----.---

Azimuth Plunge Length

f~--- Remarks

3580° -450° 118.00 m

Began projeci mob and setting up drill October 21. 2008; App.reotcasing bearing IS 1.5deg we,1 ofhne 8+50E. ('aging capped,

Core size: NQ core

Project: Globex

- - - - - -Globex

Claims title' 850094 TO .... TIship Deloro Range Lot

From 10/22/2008 Description date' 1013012008

- - - -Inc.

Section L8+50E Level . Surface Workplace

To 1012312008

~,.--------c:-:c~"""""-~ _ .. ,N:':A::D: .... 8: .. :3. _~ ___ --,..:c19::.c9-=8-=S=.uc..rn"'a:.:c .. e.:...::.G:..fi.:.:.d __ T_.:..F....:iec:.:ld=-C.:..o:...;o:.:f . ....:ds:.:.: ~= ..... ! .. _--,Sta(N)

Longitude (East) Latitude (North) Elevation

479750.0 849.7 5357919.0 -61 1 320.0 3200 00

Cemented' No Stored Yes

Globex Mining Entreprises fnc.

- - - -

1/1112009

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- - - - - - - - - -Globex

DESCRJPTlO~

2.94 -DB Ove-rbtrrdE:n casing pushed into bedrock to 176m

9.66 -mz Magnesite-TaJ(' Altered UM Volcani<' Wea'kly mottled and co\our banded: med and pale grey with occasional minor bands and WlSpS of vet low-grey_ medIum­coarse gratned, strongly re-crystahzed and carbonitJzed talcose volcanic, Unit is overall massive lookmg. shov¥ing weak bandmg generaHy sl1b-pataHe1 to 82 foliation planes at vari.ab1e COTe angles of25 to 70 dca (avg 5Odca) SectIOn sho\l.'S locally preserved 81 foliattons at a to IOdca as open arcuate planes or occ, open liS" kinks folded by S2 fohatlons of35 to 5Sdca Umt 1S essentially magneslte»talc with ~5(l/o disseminated specular hematite specks

Irregular. slightly xcutttng bottom contact (BC) on top of qtz--carb lens 17 70 -1" VND­

T.k-Csrboualt+/-Chlorite AlterE'(! liM Volcanic ;0"; VeiRE'(! monIed &. banded: grey, yellow and white~ medium gramed. banded and contorted magneslte~talc altered volcanics shoWlng minor inclusIOns and flamed bands of chlonte schist increasingly developed downhole. Patches, strtngerS and veins of whIte milky buH qtz. showing centemeter sca\e yeHow ankerite-laic haioes and rims developed thro Banding at 40-60dca .xcut & transposed by low angle slips at 20dca Sechoo grades 120¢m into next Unit at about 45dc~t Contact placed on top of 1cm qtz-carb stnnger oriented at 20dca

9.66 9.98 VErN,98%;QlzCar;T;80";; 9.66 Vein 930/. Quartz Carbonate- Tension 81)0 11.00

very cg milky qtziens with creamy yellow ankentic marg1ns 14.00

1755 18.00 VErN;98%;QtzCar;T; 15°;; Vein 9SlIy. Quartz Carbonate Tt"ttsion 15°

whIte speckled with 20010 orange mg dtS5 magnesite'} qe str l7.70 41.00 V6A, CARB; SILD

Andesite 200; Carboditi1:ed; Silicified medium-pale grey-green. fg. masSIve and variahl, carbonittzed mafic-intermediate voicanic as medium-thick flows and OC'casslOnallic chlantic flow top breccIas. SectIon shmvs 1rregular qtz-cakite ten:;;ion stnngers & thds thro, with occ irregular silicifICation bands anu short sections of buff seric!te-silica bleachmg Bedding SO at 45-55d(.'a; S I & S2 foliations at 0--20 and 30~60dca locally arranged in open "S:" kinks. minor sinis.tral 52 sHps at 4Odca~

Unrt grades downhole at -SSdca at base of mmor Scm chiofjtic hya:lotuIT tnto: 17.70 18.80 -carb; CHLC

Carbonate Zone (und('fined); Chloritie med. green-grey, strong mg destructive \VAD (,\vlute alto spob- J,ulimite") devel(Jped m strong ferrodolornhe-ddorite matnx~ no original textures left; grades! lOem into fg- aphanittc carb'd volcanic below. at 4Odca.,

26.00 2S.00 RMAS;25%;QtzChl;R;;;

3400 41.00

Replacement 25% Quartz Chlorite Replatement bleached lrregular siHt'n bands & .strs

STVolK;30%;Qtz(';R;;; StorkWOTk 30% Replucemt"nt

15.50

-

Project: Globex DOH :TM-05

- - - - - - - -

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mod green-grey, fg to locally aphamtlc, exsolved pat<Jhes and stingers of buff sericitic? fddspars. chilled contact phase of diabase drilled at a low contact angle or a me1l.m<orr,h.c

Minor randomly onented vroite qtz~ce thds and stringers developed filling with qt:strs locally showing open vug'5 No significant mmeralizatJon {(';SM). 62.00: Dr,ll.rs hlock error (block of 6S TEST)

sect\oo grades into '. 57.00 60 00 PyO. 1

PyTit~ 0.1-/" {hss:eminated

101.15 I3D;CRAC, VND­Di.base; Crackled; Veintd med grey-green, chilled mafic lithology (similar to above) probaMy a ch\l1ed dlaha;:,e cnntact zone~ STRONGLY FRACTURED AND SEALED by qtz-cc thds and stringers hosting minor trace to locally 1 % fg dlSsemlnaltd pynte. Veimng generatiy undulatmg along c()re axis ofOdcft, bUllocally 15 to 165dca and ,Ie whh minor bands and wan rock strmgers of green chlorite schist Wall rock locally micro..brecciated, sIlicified and/or carbonitized into pale grey patches & inocgular bands; BC~tmit grades into.

62.75 63.Sll Py35 Pyrite 3.5'%

dis,semlnated grains mainly ha\olng O.Scm qstT 65 00 6650 PyO I

Pyrite 111% diss. grams mainly mlower half of sample

66.50 6&.00 Pyl.5 Pyriie 1,50/.

diss grains we:lklv hatol.I\g folded arcuate qtz~to\lr ~'ein in upper half of sampie 6800 72 50 PyO 1

Pvrtte 0.1 %. trace ~ to locally 1/4% fg diss grams thra.

73.10 75.00 PyOS Pyri1~ 65"/,:o

mineralized & veined ~heared mtrusive 75.00 7950 PyO.l

PyriteO,I% trace to locally 1/4% m-vfg diss grains associated with qtz. thds at 0-\ Sdca

79.50 80.70 1'y.75 Pyrite,75%

1/2 TO 1% DlSS. GRAINS 8070 8150 Py4.9

Pyrite 4.9°jlj. <5%diss.

Project: Globex

'176507 76508

176509

I 176510 '27016 (Dbl)

DDH: TM-05

- - - - - -

123691 123691 '23691 123691 I

I

I' 23691 23691

-

12,691 :23691 23691

1

23691 23691

I

1

23691 23691

123691 '23691

Page: 3

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

~

ASSAYS DESCRIPTION

From To Number Lenglh S.G.(-) Au (ppb) Auchk (ppb) Au_FA (gil) Ni(ppm) Ni chk (ppm) Cert.No. (-)

Vein 100% Quartz Tourmaline Tension 200

I I I milky white very cg bull qv with minor ribbons of tour dev'd at bottom contact; minor dlss py thds dev'd m wall rock below vein: orientation as xcuttmg flat at 160dca

8\ 50 86.00 Py.\ 8UO

1

8300 176522 UO 285 115

no 23691 Pyrite.l"A. 83.00 84.50 76523 \.50 2.77 <5 630 23691

trace occ. py grain dlss thro 84.50 8600 76524 1.50

1

276 1 ;

550 23691 8600 101.15 PyOOI 86.00

187.50 176525 1.50 277 ,<5 470 i500 2369\

1 Pyrite 0.010/0 87.50 8900 76526 \.50 283

1 <5 770 23691

no 5ig. mineralization (NSM) 89.00 9050 176527 \.50 269 <5 610 2369\

90.50 9200 76528 I 50 274 <5 600 23691 90.50 92.00 SE29-08-01 (SId) \.50 579 2369\ 92 00 9350 76529 1.50 2.83 '<5 630 23691 93.50 9500 76530 1.50 2.78 9 650 23691 9500

19650 7653 I \.50 2.21 <5 6\.0 23691

96.50 19800 76532 \.50 2.88 <5 63,0 23691 98.00 199. 76533 \.50 278 <5 570 2369\ 99.50 101.15 76534 1.65 2.78 <5 590 2369\

\0\,\5 \\8.00 13D 101.15 102.00 76535 ~~5 2.79 <5 62.0 23691 Diabase 10200 102.92 76536 292 <5 650 23691 med to pale grey, fg to aphamtlc, massive chilled diabase? (as 41 00-627Sm) 102.92 104.00 76537 1.08 3.02 <5 <5 62.0 160.0 23691 minor weak sericitic patches & bands, minor exsolved saus'd feldspar disseminated stnngers, non-magnetic. 102.92 104,00 76539 (SId) 108 1746 1.820 800 23691

102.92 104.00 76538 (BIn) 1.08 <5 17.0 123691 118 OOm EOH (Drillers' report 121 m) 109.00 110.00 TMSG-05 1.00 291

11400 116.00 ThISG-06 '200 i 289 R.V. Zalmenunas P.Geo logged OcloOOr30, 2008 Larder Lake, ON

118.00 DDH end Number of samples! 55 Number of sam pIes QAQC: 8 TOlal sampled length: 104.06

- I

Project: Globex DOH: TM-05 Page: 4

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- -

From

2.94 5.oo s.oo 9.66 Il.oo 1400 1550 17 70 IS.SO 2000 23oo 26oo 29oo 34oo 41.00 45.50 54.00 55.50 57.00 58.50 60.00 6\.50 62.75 63 SO 6500 66.50 6S 00 69.50 7100 72.50 7370 75.00 7600 77oo 7S.50 79.50 80.70 81.50 83 oo

II :~~ 89oo 90.50 92oo 93.50 95oo 96.50 98.00 99.50

To

5.00 8oo 9.66 11.00 1400 1550 1770

11880

I;~~~ 26.00 29.00 3400 41.00 45.50 5400 5550 57.00 5S.50 60.00 6150 62.75

l iH~ 6800 69.50

1

7100 72.50 7370 75 00

17600

I

, 77.00 78 SO 79 SO

1

80.70 SI 50 83.00 84.50

I:~~~ 8900 9050 9200 93.50 9500 96.50 9800 99.50 101 15

-

Number

27001 27oo2 27003 27oo4 27005 27006

1

27007 2700S

1

27009 27010 27011

127012

76501 76502

1

76503 76504

I~~;~~ 176507 76508 76509 76510 76511 76512 76513 76514 76515

176516

1

76517 76518 76519 76520

1

76521 76522 76523

I

~:;;~ 76526 76527 76528 76529 76530 76531 76532 76533 76534

Project: Globex

- - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

ASSAYS

Length Qtz ('Yo) MgCOJ (Index) Talc (Index) CC (Index) F ... Carb (Index) Hem (Index) ChI (Index) Serp (Ind .. )

2.06 TR 6 4 0 TR 4 0 0 3.00 0.5 6 4 0 TR 4 0 0 1.66 2.0 6 4 0 TR 4 0 0 1.34 25 0 5 3 0 I 3 0 0 3.00 5.0 5 3 100 I 3 TR 0 \.50 1.0 6 4 ° 2 TR 0

77~ I~~ I~ I~R I~R I~ I~ I~ II~~~

11E Il~: I! I! Ii I~ I! 11 1500 1100 100 10 3 I~. 0 4 10 7.00 27.5 I~}' 0 3 lo~o

H~ U ~ ~ ! 164:4 ~ I~:: m g ~ ~ I~ I~ 1:00: I~ I~ ~:: ~o:o I~ I~ I! I~ I~ I~ ii~ IH I~ I~ I~ I: g ~ Ig

il! I~l I~ I: Il I: ! L I! l~~ W~o I~ I~ II;:' II~I 1

1

:000

Il II~~

i:11rr: Ih Il 11 11 I: I! 11

iii Ill} I~ I! Il I! II I; II 1.50 10.0 0 0 4 } 10 II 0

U~ lH ~ ~ ~ ! I~ 11 ~ 1 iE I;; I: I: ; I~ II Ii !

II

DOH: TM-05 Page: 5

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- - -

Project; Globex

I Nu.,b ••

176535

I;~;i~

i

TMSG.()5 TMSG.()6

- - - - - -Globex

- - - - - - - - - -If,nti',rnY·'<i.f' .. lne.

DOH: 1M·05 Page: 6

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From To Len. Joints Type

DESCRIPTION

i5.oo 8.00 300 100 83.33 23 60 &.00 lloo 3.00 100 95 15 20 11.00 14.00 300 100 83.33 25 85 1400 1100 3.00 100 93.33 19 60 1700 ,20.00 3.00 100 95 14 90 2000 :2300 3.00 100 9633 13 55 23 O(l 2600 3.00 100 100 5 ;5 2600 12<}00 3.00 100 'l4.33 18 55 2900 32.00 00 100 95 ') 20 3200

13500 100 98.33 14 65

35.00 3800 100 00 22 45

1

3800 14100

1300 100 90 IR 45

4100 44.00 3.00 100 97.67 12 ,44.00 14700 ,300 100 98.67 14

14700 15000 ,3.00 100 94.67 17

ISO()() I;~: I;: I()f) 94.67 20

53.00 100 87.67 19 ,5600 59.00 3.00 100 95.67 ]5

IS900 6200 13.00 100 93.33 22 ,6200

1

6500 3.00 100 90.67 24

16500 6800 ,3.00 100 92.67 21 6800 i7100 11.00 100 9333 23

17100 '7400 '3.00 100 9067 23 74.00 7700 ,,00 100 9067 18

00 gO 00 100 100 92 19 noo 3()f) 1()f) 96.67 20 86.00 100 94 I 19 8900 1()f) 100 ' 14 9200 100 92 17 95.00 100 97,67 13 98.00 100 98 12 )01.00 100 9667 13 104 (J(1 100 92.67 19 107.00 100 90 22 110,00 100 91 22

00 100 8667 21 1I6,()f) 100 9167 25

111800 150 82.5 17

Project: Globex DDH :TM-05 Page: 7

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

- -

Claims title: 850094 Section : L8+25E DDH: TM-06 Township : Deloro Level . Surface

Range Work place. Lot

Drilled by Bradley Bros. Ltd. From . 10/24/2008 To . 10/28/2008

I Described by . R.V. Zalnieriunas P.Geo. Description date 11/212008

I

Collar --~ -------

I

NAD83 1998 Surface Grid Field Coords: Line(E) - Sta(N) Azimuth 6.00 I I

I I Plunge _45.0 0 Longitude (East)

I 479731.0

I 830.6 830.6

Length . 120.25 m Latitude (North) 5357859.3 I -120.8 I -\20.8

I I

Elevation I 322.0 I 322.0 I

00 Down hole survey

I I ----

Type Depth Azimuth Plunge Invalid

Reflex EZ-Shot ! 4.00m 9.8' -44 0' I No Reflex EZ-Shot I 25.60 m 10.8' -44.5'

I§ I Reflex EZ-Shot I 55.60 m 9.7' -44.4' Reflex EZ-Shot I 85.60 m 85' -443' Reflex EZ-Shot 1'156om 8.1' -44.5'

I I I

I

I

I

I

,

I I I

I

I I I I I I

I

I

I

! I

I I

I I Remarks

I apparent casing az of Gdeg East; Hole ofT-set from Line 8+50E due to presence of Pam our Pit & loose rock muck

I II

Casmg capped

Core size: NQ core Cemented' No Stored: Yes

Project: Globex Globex Mining Entreprises Inc. 111\/2009

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1°00

1°94

I

I

Inw I

1

3680

I I 114595 1

1

4616

I

II 11 7160

3680

4595

46.16

7160

74.60

094-1587 pmk, orange & grey m7~ banding & foln at 75-50rlca 15.87 - 16 13' ground and lost core

Globex

as 1m bands haloing fra~tures (as

11:d 3 - 33.701 grey mz grading from wkly banded (g to co""",r & bladed downhole ",th occ strs of xcufling talc-serp as flats and CA', ono to Ode •• t 29.0-310m Wlth 45dea foln then to BC

section grades into -sz Strpentine--Carbonate--Tal~ Altered UM Volcanic 450

greenish .. grey, eg, thickly laminated to weakly banded carh>serp alten'tlon tranSttlon zone; well fohated at 4Qdca fl;attening to 20dea downhole; BC sharp at 38dca -tz Tl1lc-Carhooal~/ .. Chlorite Altered EM VuJcanic 35° mottled dark & med grey & white masslve,thickly banded and thickly l.minated; med. to very eg, qtz-earb schist / carb'a & altered UMV showing n1ll1or irreg splashes of serp" and Qce i/e minor bands of magneshte 52 schty at 35-40dca Ihro,

40 3 xcuttlng sliplband of60dc. sharp cuts eg chi foln of 25dca -Le LosICor<

-mz Magn .. itt-Talc Altered UM "okanic 60" mea mg, massive lookmg, fainWy banded & mottled eacb. altn z.one showing mmOf qtz-carb sIrs dev'd ptfat :25-45dcll.

spee hem thds along foln planes at 45 to 75dca:

46,16 M$9.0· minor serp.-chf decreasing downhole

57.74 ~ 57,85. ground & lost core; minor lim staining On upper wall

BC iITog, slepped but sharp at -SOde. 12; CARll Intermwiate Intrusive 500; Carbonitized med green with orange--green patches & bands, fg, massIve sencltic & siliclfied(?) zone - possible inter~mafic sill(?) showing weak pervasive F e-carb-l-talc alt'n overprint and minor mg spec. hem spotting thro;

P~ject : Globex

3680 3860 40.53 4300

4616 49.00 5200 55.00 57.85 6100 64.00 67.00 70.00

I

13860 14053

1

4300 45.95

1

1

1

i

1

4900 52.00

1

5500 5774

16100 16400 6700

27029 27030 27031 27032

1

27033 27034

127035 27036 27037

127038 127039 27040 27041

DOH :TM-06

- - - - - - -

1 180 i 1.93 12.47 1 2.95

I i

Page: 2

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74<;0 8022

45dca - possible flow top?;

BC 40dca sharp -mz

DESCRJPTlON

MUIRt'site-Talc Altered UM Volcanit: 400 med grey. mg. masswe to famt'y banded. \\'Cak'y fohated earoonale zone,

Globex

7546·7<>.00 colour moUled buff, pink. mown zone haloe, ,iboon c.rwerp"l! oDell' onenled 12dca at 45 6qlll

Be 35dca sharp 83 23 -mz; BAND; SILD

Mallnesit",T.le Altered liM VoIc."lc 35°; Sanded, Silicified grey, dark grey & green-grey, fg. qtz-caID stringed &. vemed c3rb-altn transition zone, generally ma."tslve lookmg to weakly toha~ed a~ "dea downhole; o;howmg carb-or qtz-c3rb stnngcr se1s at :!0.40.60, & 160dta; mod mafic (amphibole/tour?) and spec. hem spotting Ihro;

80.22 - 8048 dk grey fg massive mZ, BC 40dca sharp SO 48 - 80.88 carb stringer carb crackle zone -bro\VJ1vgreen, looks \ike a carb'd coined intruSIVe:' Be vague at -7Odca; 8088 .. 82.0~ massive qc strd mz, grades into' 82.0 - 83.23', foliated roz, minor qc strs:

grades at 25dca ptf into 89()(} V7;ALID

Mafie Vnlt-Ank 2SJj Altered orange. grey and green banded. mg, weakly folIated, weakly carb'd and moderately to strongly sIlicified and vveakly qtz stringered mafic vote., nllnor black spottmg thro, S2 f()in at 2S-40dca, grades at 20dca ptf into

\03.00 V7 \fafie Volcanic 200 m~d. green-grey, vfg, masslve to famltiy fohated med: flows ile with hyaiotuffs, hya\obrecciusiflow tops and minor thIck laminations of grey carbonaceous? interflow sediments: nllnor -xc.utting < t 0% white & OCC pink, qtz-cc $trs~ SO, 82 planes undulating In open "S~ flextures frorn 40 to Odca thro,

Grades on broken core into 103.00 12Q 25 V7; STRD; PYIC

!\>Iafic Volcanic 600; Stringf'rt"d; Pyritic med~pal-e green--grey, fg. mafic 'iok flows & breccias {similar 10 above} showing strong carb &/silica altn bandmg and variable cc-qtz strs & thds sealing fractures & joints thro

Veing.t 20, 40, 60, 110 & I SOd"", locally very vuggy; overall core very blocky,

fg dIS, pyrite developed at qc sIr walls mamly at 114.0 - 116 at < 5% hut locally 20';" py ; 20em

1202501 EOH [Drillers report 121m]

logged hy R.Y. Zalnieriunas P.Geo Nov 2,2008

Project: Globex

7460 76.00 76.00 76.10 76.20 7800

8323 86.00

89.00 Q4.00 99%

103.00 104.50 105.80 10680 108.30 109.80 llUO

DDH: TM-06

- -

1.50 1.50 1.50 1.50

-

10

- -

II

-

I 1

'84.0 88.0

1

540 750 71.0

1710

:75,0

I

- -

Page: 3

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- - - -

Larder Lake ON 11280 114.00 Py.OI

Pyrite.OI% trace

1l4.00 115.00 Py04 Pyrite 04%

diss 11500 11600 Py75

Pyrite 7.5% d,SS

116.00 117.00 Py02

DDHend

Pyrile02% dlSS

Number of samples : 51 Number of sam pl •• QAQC: Total sampled length: 109.49

Project: Globex

- - -

I}ESCRIPT(O~

- - - - -Globex Mi!l~!lg Enterprises Inc.

--T ~-

From To Number

11280 114.00 76547

114.00 115.00 76548 114.10 115.00 11420 111.00 115.00 11600 115.00 116.00

116.00 117.00 117.00 11800 11800 119.00 119.00 120.25

DDH :TM-06

- - - - - - -

ASSAYS

S.G H Au (ppbl Auchk (pph)

IuD 2.76 <5

280 1

73 1710 i 100

1090 <\

1

370

1080

11680 1.750 80.0

1100 3 1" 176 '72.0

i 100

11' 1800 11.00 07 17 LOO 97 1.-:-'5 81.0

23736

100 96 :<5 930 1.25 86 :<5 710

Page: 4

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- - - - - - - - - - - - - - - - - - -

Globex Inc.

.......

From Numb~ngth IQI1!(%) MgC03 (Index) T.I~(lnde.) Icc (Indtx) F ... Corb (Inde.) Serp (Ind .. )

0.94 21017 3.06 7.0 6 0 TR 0 4.00 27018 3.00 20 16 0 TR 0 7.00 127019 3.00 0.5 16 10 TR 10 0 10.00 27020 3.00 0.3

I~ 2 ,0 TR 10 0

1300 27021 2.87 0.5 2 '0 TR I~ 0 1613 '27022 2.87 0.3 6 2 !o TR 12 0

11900 22.00

127023 105 2 10 12 10 10

2200 25.00 127024 ' 15 6 2 10

I~ 0 0

2500 28.00 27025 1°5 6 4 10 ITR I 2800 31()O

1

27026 0,\ 6 2 0 ,0 10 3l.oo 27027 11.5 6 4 10 ITR ITR 3370 127028 ' 1.5 6 4 10 14 ,I Ii 36.80 27029 1150 3 3

10 II 13

38.60 40.53 27030 I~OIO :< 5 '0 'I ,0

14 Ii 4053 43.00 27031 14 1° 4 43.00 45.95 27032 IOJ 14 0 ,2

It 46.16 49.00 27033 0.2 '6 4 1°

I~ 12

4'100 52.00 27034 12

() 2 'TR ,0

I~ 5200 55.00 127035 2.0 2 10

55.00 57.14 27036 ,2() 2 !o TR 5785 61.00 27037 120 2 10 '2 10 0 6100 64.()0 27038 1.0 2 'I)

I~ '0 TR

64.00 67.00 105 2 0 1° ,0

6700 70.00 4 ,0 I~ '\ 2.5 ,TR 10

1

7000 71.60 :2.0 2 10 10

7160 73.<;2 130 4 10 II 1° 10

73.92 74.60 ,30,{) 1 10 ()

I~ !TR

14.60 7600 ITR 2 in 3 ITR

76.00 78.00 TR 2 '0 ()

18.00 80.22 ITR )0 0 80.22 8117 ,20 ,0 6 !TR ITR SII7 83.23 '30 ,2 Ig i4 '\

If 83.23 8600 150 'TR I~

ITR 86.()() 89.00 13.0 '0

i~ 1 89.00 9200 ITR io 14 Q4.oo 95.02 ,

10

I 14 1° 9'1.96 100.70 Is I, '4 103.00 10450 \75 10 0 I

i~ 13

)0 104.50 105.80 :"';

I; I~ 10580 10680 I ISO I~ 0 h 106.80 108.30 10.5 0 12

10830 '3.5 ,0 13 ,3 0 109.80 1 0 IlUG

Ii 3 ,0

112.80 4 10 11400 4 10 115.00 10 116.00 '0 117.00 !o 118.00

Project: Globex DDH :TM.06 Page: 5

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------------- ------

Pr~ject : Globex DDH :TM-06 Page: 6

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- - - - - - - - - - - - - - - - - - -

Globex Mining Enterprises Inc . ...... ~--~.--~.

100 9346 100 ,100

3.00 100 193.33 3,00 100 I :!67 !16.oo 3.00 95,67

19.00 3.00 '1567 89

12200 3,00 100 100 65 25.00 100 100 60 2800 100 98.33 9 40 31.00 100 9& 33 <) SO 34.00 100 100 12 70 31.00 100 9167 18 4()

40.00 100 %67 11 90 !43,00 100 9833 8 4Q '4600 98,33 95 9 50 ,49.00 94,67 94.67 <) 65 i52,00 100 98.33 10 15 155.00 100 100 10 60 !S8OO 9633 9461 6 85

1"100 100 100 " 4S

64.00 100 100 6 40 6100 100 91.33 8 20 :7000 100 9833 13 15 !73.00 100 100 6 25 7600 100 100 9 60

!79oo 100 98.33 8 80

i 8200 100 100 10 65

rSOO 100 100 7 2S

88.00 100 9733 9 20 91.00 10Q 8333 30 35

19400 lOO 90 is 70 19700 100 95 12 35

110000 100 100 I~ 50

100.00 103.00 100 100 12 10 103,00

110600 98,33 91.67 18 60

106.00 , \09.00 9833 8667 20 40 109.00

! : :;i:ii 100 85 22 \ 12.00 100 66.67 30 115,00 11800 100 76.61 22 25 118.00 12025 100 75.56 17

Project: Globex DDH: TM-06 Page: 7

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- - - - -

Drilled by . Bradley Bros Ltd. Described by : RV. Zalnieriunas P.Geo.

----- Collar --~---~

Azimuth Plunge Length

96.0° -45.0° 120.98111

- -

Longitude (East) Latitude (North) Elevation

- - - -Globex

From : 10/2812008

Reflex EZ-Shot Reflex EZ-Shot Reflex EZ-Shot

Description date: 1115/2008

m 55.60 m 8560m 1156001

102.6'" 1055' !O37"

- - - - - - - -Inc.

Workplace'

To 11129/2008

-46.8'

~----- Remarks ---~------~--~'---------------"""""""""'-----------------.......... -------.. ......... ---------------------~ locauon as hole Th1-06~ casing otT-site from line due to blasted Pamour pIt & loose muck, drilled to east under this pit to check for structure and continuity -rz

Cemented. No Stored: Yes

Project: Globex Globex Mining Entreprises Inc. 111112009

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- -

0.00 D~O

-

-OB Overburden

- - -

DESCRIPTION

casmg pushed mto bedrock to 2.36m

- - - -Globex

0.20 12098-mz Magnesit~ Talt Altered UM Volcanic pale pink & med. brmvnish~grey > mg, strongly reXtalized & c3rbonitized, banded volcamc sho\Vlng i/c dark grey J to 0 :2cm ifon rich? stingers: developed ptf and locally contorted. with minor cg milky bull vvhite qtz or cg creamy I to +5cm massive tarb (hard. dol +/ magnesite ",1th exsolved wonny qtz & not ankl vhs dev'd gen. prf at JO-5:Sdca~ Some minor yellow limomtlc? stained bands dev'd haloing joints at sub-meter scale

5.18 - 5340: ground & lost cor.

13 0: dk grey stringers al65 and 35dca

17.3 - 18.0: open "Z" kink fuld

33_] 6: bright orange-pink stained earn stringer - possibly rhodacrosite?

40.0 - 41.0: 27% qtz stock work as 16ctn qv flat at J05dca and minor 03 to 4cm qtz strs gen ptf at 25-35dca, also at 10 & 120dc.;

44 80 ~ 45,65: cg creamy carbonate vein (magnesite?) estTIV -30cm, Te at 20dca, Be Wdca,. iO%1 wall rock frags & ribbons, minor exsolved qtz

70.0 well foliated at 35dea

91 O. bandmg and fo1n at 37dca

104.92 - 106,92; pale yellOWish-green, fg, thickly laminated slllclfied? sericitlc bleach zone hosting 30cm fe-oxidlhmomtic band at 106 3m; avg folnfschty at 2Sdc.

108.0 - III 4: fg massive phase, wkly banded at 30dea

112.0", 12098- irreg 5 to +30cm white bull qtz stockwork veins. vits & strs showing pate creamy yellow ank? margins at rotating irreg, orientations thro at mainly 60 and 130-140,dca xcutting foJ;n of avS 45dca

120 9Rm EOH [Drillers report 121m]

logged by RV, Zalmcriunas P Gco NovS,2oo8 Larder Lake. ON

Project: Globex

- - - - - - - - -Inc.

ASSAYS

iLength ...

ISG(-) ; Number jAu(ppb) Au chk (ppb)

i

129&

1 mm

020 2J6 27056 1216 2.36 528 127057 :"91- !299 540 700 27058 li60 '305 7.00 10.00 127059 3.00

1

298 1000 1300

I"~ ,300 296

13.00

1

1600 27061 1300 301 16,00 1900 27062 '300 1300 1900 22.00 27063 ,301 22.00 25.00 27064

I~~ 25.00

rsoo

1

27065 28.00 3100 27066 28.00 31.00 27067 (Dbl) 304 3100 34.00 27068 3.00 34.00 ' 37.00 27069

1

298 37,00 40.00 27070 2.94 40.00 43.00 27071 :2.97 43.00 4600 27072 '298 46.00 49.00 27073 bs 49.00 52.00 ,27074 :296 52.00 5500 127075 1

295 55,00 ,5800 ,27076

1

298 5800

16

1.00

I""" 2.98

61.00 64.00 27078 lOO 64.00 :6700 27079 64.00 6700 27080 (Dbl) 10 6401

1

6700 ,21081 (BIn) 64,02 67.00 : 27082 (SId) 67.00 70.00 127083 10.00 7300 \ 27084 7300 /7600 mOSS 76.00 '7900 127086 79.00 8200 27087 82.00 18500 127088 85.00 !88.00 ·27089 88.00 \91.00 ,27090 91.00 '27091

1

9400 127092 94.00 97.00

97.00 1100.00 27093 100.00 103.00

121094

100.00 ,27095 (Dbl) 103.00 127096 104 92 :27097 10693 i27098 109,00

1

27099 27100

127101

,27102

DDH: TM-07 Page: 2

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-------------------Globex Mining Enterprises Inc.

DESCRIPTION ASSAYS

from To Number Length S.G.(-) Au (ppb) Auchk (ppb) Au FA(g!t) Ni(ppm) Ni chk (ppm) CertNo.(-)

118.00 120.98 27104 (SId) 2.98 Jl8.00 120.98 27103 (BIn) 2.98

120.98 DOH end Number of samples : 42 Number of sample. QAQC: 7

I I I I I Total sampled length: 120.66 I I

I I I I I

I I I I

I

I

I I

I

I

I

I

I

I

I I I I I

I I

I I I I I I I

I I I I I I II

I I i I ! I I I ! !

I ! I

I I

I I I I I

I I I I I

I I

I I I I I I I I I

I

I I I I I I I

I I II I

I

I I

I I I I

I I

i I

I

I I

I

I I I

I I I I I I

Project: Globex DDH: TM-07 Page: 3

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- - - - - - - - - - - - - - - - - - -Inc.

Seep (Index)

0 0 : 0

I~ I~ I~ I~

I~ 12

IE I: 10 :0

I~ I~ 10 :0

I~ 10

I~ ,0 IR 0 ,0 TR 0

l~ TR :; 1-

,2 TR ,2 ,0 : 5 :4 [0 TR 12 I~ I~

:2 TIt 2 12 I~ ITR ,0

12 () : TIt 4 I~ 2 10 10 4

I; 0 I~R 14 i~ 5200 0

5500 0 'TR 14

ig IIR ,2

0 12 0

IE ,2 Ig 0 I~ ()

':2 Ig 0 IIR 0 ~ 12 0 : 0

0 TR 14 I~ a IR i4 0 TR 1:2 0 TR 10 0 '0 '2 '0 0 [0 2 10 0 ,0 2 I~ 0 TR :2 0 2

I~ I' ,0

0 2 10

0 2 1° 11200 100 18 0

Ii u

115,00 3,00 5,0 0 0 118,00 100 4,0 0 0 120,98 \3,0 0 :2 0

1 I

Project: Globex DDH: TM-07 Page: 4

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- - - - - - - - - - - - - - - - - - -

Globex IU1ITPrnrIS:PS Inc.

DESCRIPTION

100 100 100 9833 13 100 100 9 100 98 12 100 99 9 90 100 9333 13 5S 100 99.33 13 50 100 100 9 6()

100 99.33 7 45 100 100 4 47 100 100 7 100 9813 9 100 9833 5 100 100 4 100 9833 10 tOo 100 12 100 100 8 100 100 8 100 98.33 11 100 9833 7 100 9167 9 100 93.33 10 100 9833 12 100 98.33 9 100 9833 12 100 100 10 100 100 8 100 %67 14 100 %67 13 100 100 9 100 lOa II 100 100 10 100 96.67 II 100 100 9 100 9667 12 100 96.61 10 100 100 11

Project: Globex DDH: TM-07 Page: 5

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- - - - -

: Bradley Bros. Ltd . RV. Zalnieriunas PGeo,

f---- Collar ----

AZImuth Plunge Length

, 4.00

, -45.0 0

. 122.00 m

Down hole survey

Remarks _.

- -

Longitude (East) Latitude (North) Elevation

- - - - -Globex ' ... IIIIUI2< F.nt,prl)ri!~p", Inc.

NAD83

~ Type

: Retlex El-Shol

I Ret1ex liZ-Shot Reflex EZ-Shot Reflex EZ-Shm Reflex El-Shot

From 10/30/2008 Description date: 111612008

1998 Surface Grid Field Coords

Oepth

960m 27.60m 57.60 In

87.60m l176001

Azimuth

3588' 3579° 3578" 3583' 356Y

849.5 -182.2 0,0

i -44 3' , -44.5'

I -452' -453' -450c

Note because of blasted Pamour pit, actual southern e\,1enSlOn of Line 8+50E dog legs and otT-set 0 80m east at statIOn 1+755 before continuing to south casing capped

Core size. NQ core Cemented No Stored Yes

Project; Globex Globex Mining Entreprises Inc.

-

"0 Xo No No

I :\'"

- -

To 10/3112008

- - - -

I/llJ2009

Page 35: DIAMOND DRILL RPT DELORO TWP · GeoticLog and GeoticGraph software licenced from Geotic Inc., Val d'Or, QC. Logging data is stored as a MS-Access compatible" * .mdb" database file

-

I

- - - - - - - - -

1700

Globex

DESCRIPTIO"!

485 -OB Overburden no core recovery

5,62 -mz; BLC'H Magno.lto-TaI, AII"e.! UM Volcanic; BI<ochtd pare orange, mg, fe-oxide stained carOOltized & talcose volcanic; ve-ry blocky & broken core ~ possIble weathered boulders / lim. \\:ater stained zone Be on borken core

17 00 -mz Magnesite-Talc Altered I:M Volcanic med grey. wkly foliated & banded, strongly reXtahzed. carb'd & takose volcamc; weak foliation at 60 to 20dca and locaily undulating along core aXIs; grades at

2800 -sz Serpentine-Carbonah~ .. Ta'( Altered liM Volcanic 20C'

I" 00

9500

mottled grey, -dark grey & orangeMgrcy. cg, reXtatized > massive to thickly fohated and carb s1nngered carbMtalc aheratton :z.one shov.i.ng vanable diss & stringer pale green serpantme and joint COnlroiled yeUow Fe-oxide stained handing thro; grades at SOdea ptf into -mz Magnesit .. Talc Altere.! liM Volcanic 50" med grey grading down hole to brown-grey and rnonled pink & grey. m-cg reXtalized carb'd-takose vok:

I I

Ii

'I 1 ;1

I

OC~ tension veins of qtz-carb dev'd ptf or xcutting at 70. 140 and 160dc<l, OCC sho'<AImg f:'mg black tour') blades m str walls or vems, dk grey spec, hem sIrs O.25Mlcm thick dev'd thro ptf and on xcuttmg It flats: and increasing in size and quantity dO'\lihole to the point at 7 i 0 - --;..84 0 a psuedc breccia appearance i5 deve\oped;

330. foln at 38dca,

S5 0 foln at 30dca,

79,0-81 0: foln at 20, 50, 140 anf 175dca

8797 - 8& '7. ,;ery meg dk grey-green vfg ch\ patch I 05S intrusion breccta roughly at 60dca sub--ptf,

section grades into'

00 lO\ to -sz Serptotine--Carbooate-Talc Alterftd UM Volcanic mottled pale bro\\11 carbonate zone (texturally similar to above) crackled v,,'lth dk grey spec·hem? thds devd on stockwurk thm. possible scme black chI?: occ treamy carb strs and irreg pa~e green serpentine thds & strs gen on

9966 100.60 VE!N;IOO'%;C.rQtz;T;25°;,

Project: Globex

- - - - - - - - -

127105 !238 27106 300

,27107 '3,00 '27108 I:: i 27109

i27 ]]0 300

127111 ,3,00

27112

1

200

271 !3 ;200 27114 2,00

127115 1300 27116 1300 27117 ; 3,00

, 27118 1300 127119 (Dbl)

1

300 ,27120 300 127121

I;~ 127122 27123 300 27124 3,00

121125 !3.00 :27126 300

127127 1

300 27128 ),00

,27129

I;~ 27130

1

27131 300 27132 3,00

1

27133 1300

27134

1

300 27135 3,00

127136 (Dbl) ,300 127137 (Bin) '2,90 ; 27138 (Std)

I27JJ9 127140 27141

DDH :TM-08 Page: 2

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- - - - - - - -

DESCRIPTION

Vein 100°/" Catbunate Quartz Tension 15(l pinkish-yellow cg carb (:<'1AGNESITP) breCCIa vein showing -. 30% irrcg cg bull minor trace serp on fractures near contact \VaIl5; structure sho","S minor < 1 to 0 Scm carb flames dev'd into lower contact at j 35 and

106.60 -rnz Magnesite-Talc Altered UM Volcanic med~dk grey, mg, massive to locally crackled Cut b~iak aim zone~ wkly foilated at 30.55dca,

Be sharp .t 40d" ptf 106.60 10800 ·sz

Serpentine-Carbonate--Talc Altered UM Volcanic 400 bro\\1\ carb zone (simi tar to 95.0 .. 101 1m} upper contact \'\>1\Iy sheared and fuliated at 40-50dc8. becommg massIve looking do'A'tl ho!e, grades at 45dca ptf mto

108 00 113 65 -ml M.gnesitt-Talc Allued UM Volcani< 45° med_ grey to greer'lish~grey magnesite-talc zone (similarto 101 1 ~ J06_6rn); "",II thinly banded at SOdca thro; poss trace chi thro; Be at 45dca ptf gradual

In 65 117.00 -sz Serpentine-Carbonate-Talc Altered l1M Volc;mie 45°

- -Globex

banded greenish~bro\\n & grey, \\'kly chic &, serp-beanng thro thickly laminated zone grading dov.nhole to massIve vole, fractured, brecciated & sealed by black spec .• hem strs & thds >30%1, appearsd to be a fractured flow top \l,~th strat tops fa;.;\ng downhole', s.ecrion grades at 35dca ptf info:

11700 1:'200 ·mz

DDH end

Magnesite--Talc Altered I;M Volcanic 350

med grey> massi \Ie carb~ta1c rutn zone zone; wk foliations a1 30 & 6Odca; rare carb str j lenses, generally massive t!4uib'Tanular & almost gramtlc looking;

12200m EOH 'drill.rs report 122m]

logged by RV Zalnierlunas P,Geo. No\<' 6,2008 Larder Lake, ON

Number of samples: 42 Numb .. of •• mplnQAQC: 5 Total ,ampled length: 116,38

Project: Globex

- - - - - - - - -

110800

I 10660 : 27144

i I

108.00 II LOO !27145 11100 1136S 127146

\ 11507 !

113.65 127147 142 11507 11700 27148 1.93

I i i

117.00 : 1 19 00 127149 00 119.00 ' 122.00 : 27150 ))900 12200 127151 (Obi)

I

DDH :TM-08 Page: 3

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- -

lOUD 103.50 106.60 108.00 1l1.OO 113.65 115.07 117.00 119.00

101 to 10350 106.60 10800 llioo 1 i3 65 115.07 11700 11900 122 00

-

27139 27140 27141 27142 27143 27144 27145

Project: Globex

-

00 ,300

li~~ 3.00 300

,300 '310

1

240 3.\0

1

140 3.00 265 1,42

i 1 93 '200 13.00

- - - -

0 0 0 0 ()

,0 '0 10 '0 10 :0

I~ ,0 !o !o

IL 0 12 '0 112 10 12 1

0 '2 ° 2 !2

Ii :TR '2 'TR

ITR iTR I I

I

- - - - - - - - - - -

I~ ,TR

l~ ,TR ITR !TR '0 10 0

10 '0 10 , 0 1-'0

I~ 10 ,4 10

I~ 10 0

:0 !4 ITR !6 '0 4 0

16 ITR

14 I~R 14

Ii 10 1

,2 I'IR II ,0 12 ,0

11 '0 4 a

,4 ,0 '4 'TR 16 10

Ii Ig I I

DDH :TM-08 Page: 4

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- - - - - - - - - - - - - - - - - - -1l'r1,t .. ,rn.·i.,.,,, Inc.

55 100 9867 45 100 98.33 90 100 96 85 100 94 25 100 100 75 100 9833 20 100 100 6 60 100 92.07 8 5 100 100 4 50 100 9567 \0 75 100 99.33 6 70 100 100 7 88 100 9933 7 40 100 100 9 80 100 n.33 S 30 100 98.33 9 45 100 99 10 :::0 100 9333 9 10 100 100 5 25 100 9833 8 60

100 92.67 10 15 100 9$ 67 <) SO 100 96.67 8 25 100 9'133 " 40 100 100 9 40 100 100 S 60 JOO 9733 9 40 100 98 9 50 100 99.33 6 40 100 9133 12 10 100 98 8 75 100 98 >1 30

Project: Globex DDH :TM-08 Page: 5

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

- .

Claims title 850094 Section . L8+50E DDH: TM-09 Township Deloro Level . Surface

Range Work place. Lot

Drilled by Bradley Bros. Ltd. From . 10/3112008 To 111112008

I Described by R.V. Zalnieriunas P.Geo. Description date 11114/2008 I

Collar

I

NAD83 1998 Surface Grid Field Coords: Line(E) - Sta.(N) Azimuth 360.0° Longitude (East)

I 479754.0

I 853.2 I 849.9 I

Plunge -45.0°

I

I Length 121.94m

Latitude (North)

!

5357738.0 I -242.2 -242.9 I Elevation 324.0

I 324.0 00

I Down hole survey -----

Type Depth Azimuth Plunge Invalid

Reflex EZ-S hot I 960m ! 3576" -45.4" I No Reflex EZ-Shot 16060m I 357.2" -46.3" No Reflex EZ-Shot 1 117.60m

1

353.3"

-47.1 " I No

\

I I

I I

I I I

I I

I

i I

I

I I I

I I I I I I

I

I

I

I I I

I I I

I

I I

Remarks

I casing capped

--------------------------------------------------------------------Core size: NQ core Cemented No Stored· Yes

Project: Globex Globex Mining Entreprises Inc. 1/1112009

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0.00 4.80

4 80 2300

4100

23.00

26.00

2%.49

2&.66

3586

38.25

4736

56.00

-DB Overburden Drillers report casing to 4m ~ no core recovery until about ---4 8m -sz; RlBD Serpentine-Carbonate-Talc Altered UM Volcanic 40"; Ribboned

Globex IYI.II.II"

pale green, vfg to fg serpentmized & caroonitlzed volcanic shoWIng uk grey to black .:hlispec,hem irreg ribbons J crenulated & disrupted strs & thds thro dev'd subptf at 40 to 50dca~ moderate orange stamed tlimortite I fe-oxides?) as meter sized bands., thro; pass trace m.-{;g splashes ofhnght green fuchslte! just greener serpent me, section grades at 45dca ptf into: -tz. BAh'D Talc-Carbonatel-I-Chlorite AUered I;M Volcanic 45"; Banded grey and greenish-grey, hx:ally orange~ f~mg. massive looking 1alcose carbonate altered volcamcs, shOWIng minor carb +!-trace qtz stringers at 30dca and thJckly banded & ilc as follO\vs:

26.00 -tz Talc·C.rbonatel-l-Chiorite Altered VM Volcanic

~ocaUy Fe-oxide banded /40+cm, minor eg ribbons serp; trace hi chl thds sub-ptf~ grades into 2849 -mz

Magnesite-Tal. Altered UM Volcani< with bl chlthds thro. wkly Fe-oxide stamed, shd & fol'd at 20 to )Ode.; grades into

2&66 --cv Carbonate Vein 300

orage. dear & huff, vcg, wonny, carb-talc seep? reaction zone! vem, margms gradational; grades into; 35.86 ·mz

Magn .. ;te-Talc Altered UM V oIeanit (Similar to 260-2845m) grey. mg, overall massive lookmg, wkly shd & foliated at I0-4Sdca (avg35); mod-wi< bL chi thds?, DCC traee serp spotting I wkly dev'd serp. matnx; Be sharp but curved contact at about 40dca overall (50-5dca}

J& 2" "'sz Serpentine--Carbonatl"-Tak AItE'rt"d l1M VoIt"snit

pale green-grey to multi-coloured, cg Inottled zone with a chilled pale grey talc schist-like upper contact: minor ferro-dol strslthds; wen fot at 20dca~ grades downhole 1010

41.00 -mz

·mz

Magnesite-Tale Altered UM V oleanie (similar to 26.0 -2849m) grey, mg. wk chi & serp thru; minor dk grey baltn thd, (polygonal jts? at ~O. 30 and 8-90dca,

sectJOn grades into next ubnlt I -1 m

Magnesite-Talc Altered lJM Volesnit grey, mg, massive altered C3rb-talc volcanic showlng Dec <lern dk grey stringers J selvages (pess healed polygonal jomt sutures); no significant penetrative fabric, enure section reXtahzed epJd1morphic equigranuJar;

be SHARP AT 35DC'A -tz T.lc-C.rbonatt+l-Chlorile Altered l;M Volcanic 35° grey to greenish..grey, m .. cg carb-talc transition zone"" becommg coarser gramed and dk grey strd'd downhole, thickly 'amid Vl1th core angles undulattng along core axis at 10 - 0 '" 160dca thro;

Pr~iect : Globex

5.00 800 ILOO 14.00 17.00 20.00

noD

2600

2900 32.00 35.00

38.00

41.00 4100 41.10 41.20 44.00 46.00 47.36 50.00 53.00

127158

127159 I

I I 27160

127161

127162

127163

1

I I

1

27164 27165 (Dbl) 27166 (Blnt

1

21167 (Std) 27168 27169

;21170

127171 27172

DDH: TM-09

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Page: 2

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6866

7300

1700

8340

9230

ceo ptnbsl'-i(lw. mmor scrp

DESCRIPTION

5308 - 53.16. mod green taIc vem dev'd wth yellow-orange carb wall, al 160dca

section grades mt{y -S?:

S.,.p ... tin.,.Ca,bonate-Talc AIt ... ed UM Volcanic

Globex

mottIed green, buff: orange & grey, massIve and lie rood banded, hrecciated & thIckly lammated at 30 115Odca, grades 1010

-tz Tah:-Corbonate+i-Chlorne Altered UM Volr.nie ( .. milarto 4736 - 5600m) meet grey, m-cg, nla5SIVe carl> Lone sbowmg vanaMe biack~dk grey cnlfspcc hem strs Of Jt sutures dev'd thro. mmor serp as splashes & occ sfr thds thro. minl)f Ctlfved cleavage of3O-lOdca dev'd m last few meters. BC xculling & sharp al 50dc. -52

Serpentine-Carbonate-Taic AUe-red UM Volcanic 500 \.imilarto56.oo-6100m); coarse black taJcose chI clots &. dIsrupted strs dev'd tllro. best in center of section. Vv'etik serp~ section grades. mto -tz Talc-C.rbooat,.;-I-Cblorit. Altered UM Volcanic (slmilartobI.OO- 68.66) gen. med grey, masswe looking wnh wfak~mod eM strs~ weak bands of perv. serp. gndmass and occ splasheslthds, grades into -mz Magnesite-Talc Altered UM Volcsnic (,lmil.rlo4100-47.361 rned grey, mg, massIve curb altn zone shoVvlog rare lem (-atb",jrace serp tens.lon vlts at 160dca; weak ribbonmg I suturing at 0 and SOdca "possibly reltc spinifex textures')

Be grades at 20tka mto -sz; RIBD Serpentine--CaTOOD1\tt-Talc Altered IJM Volcanic 20:'; Ribboned (sImilar to 4 80 - 23.00m) pale green. fg, thickly laminated & threaded by black chi thds & strs al JOde. Ihro;

85.8 - 8652, moo brecClilled, orange Fe---oxlde; limonite staned zone at 10 - 3Odca; section grades at 30dca into'

120 25 -tz; BAND Talc-Carbonate+I-Chiorile Altered I;M Volcanic JIl"; Banded (SImilar to 4U) - 23.0m) grey, brown-grey and dk grey; mottled talcose-carb altn zone, Jocaly bit brecCiated looking i/c \vltrh mmor serpentinJzed bands and vem1ng as fOUOM

95.00 97 75 -sz Supentine--Carbonatt:--Talc Altered tiM Volcanic-

Pr~ject : Globex

mottled, rouhly brecciated, crackled & mottled chl-carb +/-serp zone; fol'd at 45 & 20de.;

68.66 71.00

73.00 75.00

71.00 80.00

83.40 SS.40 86.52 &9.30

'12.30

95.00 97.75 100.00 103.00

!7100

1

7300

127178

127179

DDH: TM-09

-

270

2.75 2.25 300 2.40

2.92 297

:! 93 2.95

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Page: 3

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DESCRIPTION

Silica flood Zone; Stringered bleached mOllled & mod. sild earb schISt with ~ 30% free bun qtz patches & walls and fine black needles "ftourmaline? I amphibole

112.40 117 00 -sz. RIBD Scrpentin~CarooQatf"'T8Jc Altered UM Volcanic, Ribboned

pale green ,perv serp matrix earh '.one (as 4 g - 23 Om)

chI strs at 0 and lOdca thro 12025 12194 -mz

DDHend

Magnesite-Tale Altend UM Volcanic 6SU grey> mg, ma5si",e. strongiy reXtalized carb alto zone:

121.94m EOH [drillers report 122m]

logged by R V. Zalnienuna, P.Oeo Nov. 14. 2008 Larder Lake, ON

Number 6r samples ~ 44 Numberof.amplesQAQC: Tot.!sompled l •• gtb, 116_~4

Project: Globex

- - - -Globex Mining Enterprises Inc.

12025 120.::5 12025 120.25

DDH: TM-09

- - - - - - -

147

Page: 4

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ASSAYS

From To Number Length Qtz(%) MgCOJ (Index) Tale (In des) CC(lndex) Fe-Carb (Index) Hem (Index) Chi (Index) Serp (Index)

5.00 8.00 27152 300 TR 2 2 0 TR I TR 2 &.00 11.00 27153 3.00 4.0 2 2 0 I I TR 2 11.00 14.00 27154 3.00 TR 2 2 0 3 I TR 4 14.00 17.00 27155 3.00 TR 2 2 0 TR 4 TR 4 17.00 20.00 27156 3.00 TR 2 2 0 2 4 2 2 2000 23.00 27157 3.00 0.8 2 2 0 2 4 TR 0

23 00 26.00 2715& 13

.00

105 I; I; I~ 2 12 ITR ITR

2600 2900 27159 3.00 01 TR I; ,0

It 29.00 32.00 27160

1

300

1

08

Ii I~ I~ 2 I[ 3200 3500 27161 3.00 TR 2

I~ 3500 38.00 27162 3.00 TR I 3&.00 41.00 27163 300 TR TR 4100 44.00 27164 3.00 TR

I~ I; 10 0 I; 10 TR 4400 46.00 27168 2.00 0.0 I~ 0 ITR 0 46.00 47.36 27169 1.36 TR

Ii 2 TR 2

If 0

47.36 SO.OO 27170 264 0.0 3

I~ 0 2 I

50.00 5300 27171 3.00 0.0 4 TR 3 I 5300 56.00 27172 3.00 0.0 4

If 3 TR

56.00 59.00 27173 3.00 05 5 4 3

IL 3

59.00 61.00 27174 2.00 0.1 5 14 I~ 3 3 61.00 6300 27175 2.00 0.0 6

I~ 3 I

6300 66.00 27176 3.00 05 6

I~ IF I~ IF I

6600 68.66 27177

I;~ I.S 6 ITR

6866 71.00 127178 20 4

17

1.00 1

73

.

00 127179 2.00 I.S 14 I~ I~ I~ I! Ii Ii 73.00 75.00 27180 2.00 3.0 6 7500 7700 27181 2 00 OJ 5 ,I

I~~: 1

80

.

00 '27\82

1

300 O.S 6

I~ I~ I~R I~ IF I~ 83.40 127183 3.40 2.5 6

83.40 8540 271S4 2.00 TR TR 12 S540 Rfi 52 127185 1.12 I~ I~ I~ IV ITR 12 13 II

18652 189.30 27186 2.78 I~ I: 13 ' 3

Ik 18930 19230 127187 3.00 1.5 TR I;

12

12

9230 9500 27188 2.70 TR 2 2 I~ ITR 2 I; 95.00 97.75 27189 2.75 0.0 2 4 TR 2 97.75 100.00 27190

1

225 0.3 4 2

I~ I~ Ii I~ If 1100,00 1103.00 127191 3.00 0.8 4 2 103.00 105.40 27192 2.40 TR 4 2 105.40 10800 27193 2.60 5.0 3

II IL Ir I '"'00 I" '00 Im~ 1

300

1° I I~ I~ I~ I; 111.00 114.00 27195 3,00 ~ 114.00 117 00 27196 3.00 I~ 11700 120.25 27197 3.25 0.0 [4

I'~" r~ m.

1.69 0.0

Ib 12 10 12 12

0

1° 1 1 1

I I

I I

I I I I I Project: Globex DDH: TM·09 Page: 5

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Jointll Weathering Strength DESCRIPTION ....................... Type-

Angle

9062 50 90 10 98 20

11.00 3.00 lOa 96.67 90 20.00 3.00 100 96.67 70

12300 1,00 tOO 100 90 2600 1,·00 100 98.33 50

12900 1300 100 9833 25

32.00

I~~ 100 99.33 50

3500 100 100 70 3800 3.00 100 100 20 4100

1

300 100 99.33 S 70 44.00 3.00 100 100 5 30 4700 3.00 100 100 8 35

50.00 1300 100 100 9 40

5300 3.00 100 9933 7 75 56.00 3.00 100 100 8 20 59.00 3.00 100 9667 8 20

r200 3.00 100 99.67 8 65

6500 3.00 100 100 g 40 6800 3.00 100 93.33 6 5

,7100 3.00 100 100 7 60

17400

1

700 !OO 95 7 5 ,77 00 300 100 100 7 60 '80.00 3.00 100 100 4 85 1&300 3.00 100 100 5 85

18600 300 100 97.33 ]0 8900 3.00

1'00 9733 \3

3.00 100 100 6 3.00

1100 91 9

100 ·100 92 61 14 300 100 98.67 8 3.00 100 9567 13 HIO 100 90.67 16 100 100 98 12 3.00 tOO 9867 11 3.00 100 94.67 to 3,00 100 97.67 14

119.00 294 100 98.64 10

Project: Globex DDH: TM-09 Page: 6

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Claims title. 850094 Section 18+50E TO\\Tlship . Delaro Level . Surface Range Work place Lot

Drilled by Bradley Bros. Ltd. From .111112008 To Ili2/2008 Described by . RV Zalnieriunas P.Gco Description date· 11/19/2008

Collar ----NADg3 ) 998 Surface Gnd Field Coords Line(E) - Sta.(N)

Azimuth 360.0° Longitude (EaSI) 479753.0 849.1

Plunge ·45.0°

I II Length ·121.94 m Latitude (North) 5357676.0 -304.2 -304.3 Elevation 322 0 322.0 00 i

1)0w11 hole survey ~--- - - --c

:-TYPe Depth Azimuth Plunge Invalid

Reflex EZ·Shot 1

960m

1

3572

'

-45.6' No Reflex EZ-Shot . 60.60 rn 354.3' -45.4° No Reflex EZ·ShQt I 11760m 354.7<> -456' No

!

I

I

.- Remark> --Dnll site located just north ofmato access trail. Casing capped

NQ Cemented No Stored· Yes

Project: Globex Globex Mining Entreprises [nco 1/11/2009

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DESCRIPTION

000 365 -Oil Overburden Dnllers report 3m casIng ~ no core recovery

3.65 928 12 Intermediate Intrusive med grey_ fg, cru!led mter. intrusive - probably i:hiHed feid porphyry, shm.vlng mmor caro strs seaiing I1Teg. fractures and fAmg diss py of trace A 2% dev'd thro~

unit grades at 90dca mto. 365 600 Py2.5 365 450 89

Pydte2.5% 450 1600 LSO 77 df-mg diss as weak patcnt;!S & vague bands 450 :600 (Db!) L50

600 750 !'yLS 600 1750 1.50 70

Pyrite 1.5-/e f-mg dIssemmated thro

1

900 750 9.00 !'yO.25 750 150 272 Pyrite 0.25110

/.

chl'c chili zone, minor fg dlSs grains

1

1025 900 10.25 !'yOl 900 125 Pyrite.01 %

trace py gen at margins to breccia qc vein adev'd at contact I :8 10 03 -qv

Quartz Vein 75~'{j milky wlute, eg, quartz breCCia patches and ribbons at 60 and 120dca lfe with 251YQ thick nbbons of chi-talc waH rock. BC at -SOdea

1003 1540 V13, SPFX 10.25 11S1 4090 Ultram.afic Vokank 50°; Spinifexed )0.25 11181 (BIn) 51.0 med grey & white, talc-caro altered cg lJMV shoWlng very cg skeletal olivine crystal pseudomorphs as spmfex textures 1026 11.81 (Sid) 1780 0 (chicken tracks) trueo, II.Sl 13 00 ""'eak foliation & bandmg at 20dca: 13.00 1400 27203 g.rades into 1400

1540 3450 V13 23.00 Ultramafic V Qh:anic 35° 2600 med grey, t.lc-ohl-carb ahered fg UMVi ,lust. Ullckly lammated, banded, contorted and mildly brecciated volc 2700 grades at bas.e vf 50cm massive reaCHon rim intI),

4560 VI2B;CARB 34.50 14 SO Komatiitic Bssatt; Cubooitized 39.00 1.00 '286 med greerl~grey> (~. wkly sheared! foliated at 0.1 Ode3. stronlgy bleached & carbomnzed, showing wdl Je\'eioped white 40 VU ferro-dolo<nite spotting (WAD) .nd threads developed Ihro, weakly chJoritic & takase groundrnass with green chlorite increasing dO\\'llhole; section becomong thlckly lam'd & sne:ared looking dov..'l1hole,

Be on base of ntinor diss py strmger halos wan to qstt at :!Odca~ 4180 4300 Py02S

Pyrite .025°/. SULF SPOTTING lNCREASlNG DOWNHOLE

43 00 4400 Py.9 1.00 91 IS Pyrite.9%

Project: Globex DDH: TM-10 Page: 2

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00

51

Globex Mining Enterprises Inc.

4500

4751

4600

S4

Py25 Pyrite 2.5%

Mudstone 20" dark grey, vfg, masSIve thIck bed; BC- begins to grade I 50cm iute next unit at 25dca

46.00 4700 Po3 5, !'y6 Pyrrhottte J.5°k~ ,6·~

po as vfg WlSp, 4700 4800 Po5, Py 5

p)'rrhotite .50/.; Pyrite .5% po thds ass'd WIth <arb tMs, py dlss

5300 SI,FOLT Conglomerate 250

; Foli.atied med & pale green-grey. fg, chle, wei foliated & nbbon banded. ltlonomicttc pebble congo matnx supported, shows OCt

subangular sed rip-up cobbfes and well rounded ehpical sedimentary 11ne pebbles and fare " ..... 'hlte qtZ fn'lgn1.ent5: med-thickly bedded, matrIX chloritic & bit talcose; grades into next Untt at 25dca ptf

48.00 4900 !'yO 5 Pyrite 0,5%

5700 -tz Talc-C.rb.n.t.~I-Chlorit. Altered eM Volcanic med grey, mg, weakly chk ferro-dol +/- magnesite? altered hthology, marg1ns \.'ttll' ribboned and banded by dIsrupted thl strs & 40-50dca, Be ~90dca vague, irregular, breoclated& chlorite aher'Cd. grades into

64 00 $4, CARB Muds"'n. 35°, C.rboni!aed

mudstone, shows rare qtZ i sed pebbles, minor secth)flS of mg dis$ py (trace

Be on broken care

From To Number

44 00 45.00 76565

45.00

4600

47.00

48.00 4900 5000 53.00 5500

57.00 5900

6200 64 00 !'y05 6200 Pyrite 0.5·/.

f·mg diss py spot1in~ tnfO 6842 So; VND·; SHRD 64.00

Sediment undif. 6ll", Veined; She.red 66.00 med-dk green~grey &. white, fS, thinly lammated, mod. scnistose. chlontic sheared sediments! mudstones (similar to basal section ofumt above) Injected &. silicified v.1th cg bun white breccia qtz vem and \-va11 stnngers thro. qtz carries minor black cht I.nasSei. se<.::tiou tould be considered to be a healed $\hcified fault zone~

64,0 ~ 66 core betomes sheared at 3S-45ika & sliiiidfied, bit brecclated and possibiy weakly carbonaceous with minor <10% irreg qtz j qiz-carb str stockwork Increasmg dov.'llhoJe, BC' sharp at 60dca ptf 66 2·66 &4 b,,'d & sild eltle & .... tt, sencillc s.ds; 25-30% angular qtz and conloned qstrs, S2 at 60 and 30dea, grades at 60dca mt(.)" 66.84· 67 77: bull qlZ vein, masSIve, ",85% qtz., wall CaIry chi schISt angularwa\1 rock fragments, Be irreg & flamed

Project: Globex DDH: TM-l0

- - - - - - -

100

i200

i

I~~ ,

I

Page: 3

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION ASSAYS

From To Length S.G (-) Au (ppb) Au chk (ppb) Au] A (glt) Ni(ppm) Cert.No (-)

67.77 - 68 42· 5% qstr'd chic mudstone, strongly Fe-carb'd, blocky & broken core; foliated at 60dca 6842 68.54 -LC

LostCor'e

1

27213 1

246 no core recovery

54 77 00 -sz 6854 7100 289 Serpentine-Carbonate-Talc Altered UM Volcanic

I pale green-grey, mg, overall massive looking, weakly banded tu thit:kly lammated serp-carb-talc altn zone, fain S2 at 1 1 1

25-35dca, mmor <3% black 1-3+mm subround magnetite psudomorphs diss thro-now all hematite,

1300 1293

serp decreasing downhole; section grades at 20dca into

7100 7400 Py.5 7100 17400 127214 Pyrite .5% 7400 77 00

127215

I:: '292

mmor mg diss pynte thro 12.94 7700 101 00 -tz 77.00

18000

1"'>0 Talc-Carbonate+/-Chlorite Altered UM Volcanic 20° 8000

1

83

.

00 27217 300

1

294 pale grey to greenish-grey, mg-cg carb talc altn zone, minor serp" gndn1a5S, strong Fe-carb gndmass; massrve lookmg, thinly 83.00 8600 27218 300 2.97 banded to thickly laminated ptf at 20 and locally lOdca; 86.00 8900 27219 3.00 294 minor limonite bands dev'd haloing joints I water seams~ ace bright aqua-green fuchsitic? talc lenses/strs de,l'd gen ptf~ 89.00 I~;~ 27220

1

300 296 section grades into 9200 27221 3.00

1

296 95.00

1

9800 27222 300

1

296 98.00 101.00 27223 1300 2.96

10100 11000 V13, TLCS; CARB 10100

1

10400 27224 1300 292

I Ultramafic Volcanic; Talcose; Carbonitized 10400 107.00 27225

1300

1296

pale grey, fg., thinly banded! thickly laminated maSSl\'e talcose & bleached-carb'd UMV show1ng minOT strs fthds of dk grey 10700

1

11000

1

27226

1

300

1

298

1

polygonal jomt sutures, blaCK magnetic psuedomorphs (now spec.hem) and trace serp in gndmass,

II, ,"0"

wk foln at 40-45dca grades into 1 1

121 94 -tz ]]0.00

1

11300 127227

1

300

1

295

1 Talc-Carbonate+I-Chlorite Altered mf Volcanic 40° 113.00 11600 27228 300 296 (similar to 77 0-10 10m) 116.00 119.00 27229

1300

I~~ 119.00 1121.94 i 27230 1294 1

1 mod. nbbon banded/laminated, 119.00 1

121.94

127231 (Dbl) 1294 1298 I

1

DCC card»qtz strslthds-show oce vuggy patches, 11910 121 94 127232 (Bin)

1

284

1 I 11920 121.94 27233 (Std) 2.74 115 3 - 115 7. xcutting wkly chI'c & strongly talcose slip or xfault 1-2cm thick undulatmg at S-IOdca

I I I I I I II

121.94m EOH [Dnllers report 122m]

logged by RV Zalnienunas P Oeo

I I I

I

I I II 11121.94

Nov 19,2008 Larder Lake, ON

1 DDH end

I Number of samples: 48

I

I I I

Number of sam pies QAQC:

1

I

Total sampled length: 116.17

I I

1

I

I 1 I

I I

1 1

Project: Globex DDH: TM-IO Page: 4

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Number Length Fe-Carb (Ind •• )

76556 0.85 II {)

76557 1.50 [TR l~ 76558 1.50 II

76559 l.50 10

76560 1.25 32.0 10 Ig 76561 156 10 1 19 12 1° 1

0 27203 100 ,2 Ig \4

I: 14 14 14 1

0 14 14 10 I~

.0 10 16

10 10

In I: ·0 14 1° 10 !~R 10 i~ ,4 1°

10 10 11 Ig 10

I~ 0 I~ 1°

0 '0 '0 !o 'I 10 '0 10 0 14 12 [0

10 I; I~ (g ,0 j2 0 ,6 14 ,0 ;2

I: 12 10

1° I; 10 0 10

,0 ,.)

I~ 10 0 14 I~ I~ tl I)

16

10 Is

16 1° i 2

'2 ,6 ,0 12 I! I~ 11

I: l~ 'I 12

I; II 2 II II

I; I: 1

II 101.00 12 12 TR 104.00 !2 ,I 1° 10700 11000 I; I~ IJR 11000 11300 113.00 1I600 i2 I 116.00 1190{) 11900 III 94 \2

Pr~ject : Olobex DDH: TM-IO 5

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

From To I Len. Rec. RQD Joints

Weathering Strength DESCRIPTION % % Nmb. Type Angle

3.00 5.00

1

200 150 90 5 5.00 8.00 3.00 100 8167 10 8.00 1100

1

3.00 100 95 13

1100 1400 3.00 100 6167 17 1400 1700

1

300 100 85 12 1700 2000 3.00 100 75 14 2000 2) 00 300 100 8' 9

I I 11

2300 12600

1300

1100

18667 7

26.00 ,2900

I~ ~~ 1

100 ' 7333 13

i

2900

1

3200 100 100 8 3200 3500 3.00 100 70 15 3500 3800 3.00 100 100 5 38.00 4100 300 ' 100 80 6 4100

1

4400 300 1

100 96.67 8

1

4400 4700 300 1100

8833 8

I I~~~ 150 00 3.00 100 9333 12

1

53.00 ).00 100 7333 21 53.00 5600 3.00 100 96.67 10 56 00

15900

1300

1

100 7667 15 I

1

5900

1

6200 I~~~ 100 I:::: 15 I

1

6200 65 00 100

124 6500 6800

1

300 100 91.67 24 I I 1

6800

1

7100 3.00

1

100 95 12

I I 7100 74.00 300 100 90 12 I

1

7400 177 00 13.00 ' 100

1

95 \ ~3 i

I 7700 Iso 00

1

300 1100 100

1

! 8000 83 00 3 00 100 9667 I ~3

I 1

8300 ,8600

1

300

1

100

1

100

I I 8600 189 00 3.00 100 100 Ii 8900 9200 300 100 9667 I !I 92 00 9500 300 100 I 100 I I 19500 198 00 \300 1100 196.67 I ;) I

I

I

I

1

9800 110100 POO I :~~ I 95 ! 18 I

\ 101.00 10400 1300 \ 100 112

I I

104.00 10700 3 00 100 98.33 10 I

I f~~6 11000 3.00

1

100

'I:~ IiI I 1 1

111300 1300 100

11).00 11600 3.00 100 8833 11600 11900 3.00 100 100

II II

ll900 1121941294

1

100

1

9864

1

6

I I I

I I

I I

I I I I I

1

1

1 1

I Project: Globex DOH: TM-IO Page: 6

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- - - - - - -

DDH: TM-ll

Longitude (East) Latitude (North) Elevation

Project: Globex

- - - - -Globex Mining Enterprises Inc.

Claims title: 850097 Township . Deloro Range Lot

From . 1113/2008 Description date' 1112112008

- - - - - - -

Section : L87+50E Level : Surface Workplace'

i I

To . 1114/2008

NAD83 1998 Surface Grid Field Coords Line(E) - Sta.(N) .-.---~~

479754.0 852.8 849.8 5357617.0 -363.2 -363.8 319.0 3190 00

Type Depth Azimuth Plunge

Reflex EZ-Shot 1

9.60m

1

3570'

I -44.8' Reflex EZ-Shot 60.60 m 3573' I -39.6' Reflex EZ-Shot 1I176om

1

3587' 1-

392'

I I I I

I

I

I

I

I I I I

I I I

I

I I

I

I I

Cemented: No Stored: Yes

GJobex Mining Entreprises Inc.

I Invalid

I No No

1 No

I I

I

I I I

I

I

J

\

II

I

-.----------1,

111112009

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION ASSAYS

From To Number Length S.G.(-) Au (ppb) Au chk (ppb) Au FA (glt) Ni(ppm) Ni chk (ppm) CertNo. (-)

0.00 4.40 -DB Overburden Drillers report casing to 4m

440 8.30 V13 500 i 61 ITMSG-JO 100 293 Ultramafic Volcanic 35° pale grey, fg, mass lye, mod fohated, bIt bleached, carbonlt!zed and talcose UMV flows Wk perv Fe-carb gndmass thro Bedding SO contacts at 35dca ptf; I I

I I

452 - 488 dk grey, thm bedded lic intertlow seds, graphitic but non-conductive

6.5 - 6.95 broken & partly ground core, lost -50%

770 - 8 30 40% qtz stringered & silicified zone, ~SM

8 30 sharp xcutting Be on slip, bit undulating at 20dca 830 2370 S-; TLCS

Sediment uodif.; TaJcose pale grey and green-grey, fg, thinly bedded and thinly laminated talcose mudstones & mmor ile graphitic seds grading downhole into more chloritic pebbly mudstones and basal monomietle pebble conglomerate of ultramafic origm; Strong perv Fe-carb gndmass thro;

bedding and foliations rotatmg from 50-60dca to - 35dca dovmhole;

Be on broken ore 830 840 S4gf

Graphitic Mudsone dk grey, fg, thin bedded carbonaceous mudstone beds lie with 50% talcose mudstone, grades at 30dca ptb mto

840 9.50 S4 Mudstone

green-grey, fg, thin !aminaterd, talcose & chloritic sed, very blocky 950 10 00 -LC

Lost Core no sig core recovery

10.00 1090 S4gf Graphitic Mudsone

black & med grey, thin bedded carbonaceous mudstones & Ilc 50% talcose mudstones (as above); contorted & "M" folded; cleavage at 60dca, fold hmbs at 60 to 80dca, contact on broken core - grades into·

In: 10.90 1650 S4, TLCS 1100 1400 27234 300 277 NA

II

Mudstone: Talcose pale green-grey, vfg, thinly laminated mudstone or UM hyalotuff, lam's & beddmg bIt wedged at 45-55dca, locally 60dca, minor 5-8% white qtz-carb strs dev'd 1-2cm thick ptf; section grades into

16.50 19.90 VI3;BX-Ultramafic Volcanic 45°j Breccia

pale grey and green grey, mod to coarse, subround to subangular UMV breccia! debris flow, grades at 40dca ptf into

1990 2370 S I; TLCS; CHLC Conglomerate: Talcose. Chloritic

pale-med green-grey, matrix suported monomictic UM pebble cong, well fohated at avg 35dca, matnx chl'c

I I 2370 2400 -flt

Project: Globex DOH : TM-I I Page: 2

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

--

DESCRIPTION ASSAYS

From To Number Length S.G.(-) Au (ppb) Au chk (ppb) Au FA (glt) NI(ppm) Ni chk (ppm) CertNo. (-)

Fault I pnmanlly broken, crumbly recovered talc-chi schist fragments;

123828

Be stepped & undulating at 0 and 160dca, xcuts fo1n of 30dca 2400 4550 Mhc; BAND 34.00 3494 TMSG-II 0.94 291

Talc-Chlorite Schist 35°; Banded 38.00 4100 27235 300 289 NA med grey and green-grey, fg, med to thickly bandedd, locally contorted and mildly brecciated Tes showmg mod white carb

I knots & strs dev'd pts; Strong perv Fe-earb dev'd in gndmass thro; Schistosity variable from 30 to 65dca (avg 35dca); I I I I section moderately blocky & broken; I

I

43.73· mmor xcutting fault slip gouge at 90dca

I 4550 5300 Mile, fLTD Talc-Chlorite Schist; Faulted i (similar to aboye) I very blocky & broken COfe shOWing well developed fault gouge sections especially at 45.5 to 47.0 possibly pts of 35dca?

51 50 - 51 52 gritty pale grey talcose fault mud seam xcuts at 80dca

520- 53 0: base of section on 1m of gnd & lost core , ,

1

5300 7592 Mlic 5900 62< 27236 1

300

1

289 INA 123828

Talc-Chlorite Schist 35° 72.63 7360 TMSG-12 ,097 287 (as 24 0 - 45 5m)

I

med & pale grey, thickly laminated talc-chl-carb schist I altered UMV,

I I I I foilations undulating from 10 to 55 dca, avg 35dca; minor <5% qtz & qtz-carb knots & strs dev'd thro ptf;

I 674 - 71 8 more maSS1Ye, talcose UMV I TeS band, contacts at 70dca, foln at 40dca,

I I

I I

i

I

71 8 - 75.92: more chloritic hybridized contact zone, contorted 0 to 65dca, mmor bull qv at 72 25-72 38 at 90dca, NSM or

I I additional alteration

107m I

1.« Be' sharp on intrusl\'e contact at 105dca I 74.00 7592 PyO 5 74.00 7,0-' 1,0.., I.., Q7 1"'·8..,Q

II ,.,.~ , 1''''- ,. "' , -~ ,.J _"

Pyrite 0.5% I

11

7592 f-mg dlss grains

I

,

I

,

I

8100 12FP. CHIL

I I Feldspar Porphyry; Chilled

1271 II

mottled dk grey & broVvnish-grey, fg, sil'd & carb'd lookmg, <5% qtz-carb str'd & thdd dulled & hyhtidiLed inl~lfnedlak

127238 1308 1<5 123828

intrusive- probably porph. Unit carries occ xenolithic bands ofTCL / chi schist country rock oriented at 30dca; Minor cg diss pyrite cubes variable thro, rare mg po thds developed on Jomts;

7592 81.00 Py 1.5, PoO.5 7592 7900

11

8100

Pyrite 1.5%; Pyrrhotite 0.5% 79.00 81.00

1

27239 200

1

270 1<5 123828 1-2% py dlss, trace po on fractures or as diss grains 92 30 VI3, CARB; TLCS 8100 8300 27240 200 2.95 ,<5 23828

Ultramafic Volcanic; Carbonitized; Talcose 83.00 86.00 27241 300 i 289

i~!9 23828

med grey, mg, massive to locally bladed/ nbboned UMV showing mod perv. Fe-carb & talc gndmass and oce talc thds on 83.00 86.00 SG3I-08-0IB (Std 3 vO 23828 joints and rare white mottled qtz vlts / qstrs xcutting at 75, 50 and 160dca; 86.00 8900 27242 3.00 291 23828 avg fain ranges 40 to IOdca; grades at 45dea sub ptf into

13

.00

17 8900 92 00 PyO 75 89.00 9200 27243 288 23828

Pyrite 0.75% cg diss py cubes thro

I I I 9230 10100 VI3

Project: Globex DDH: TM-II Page: 3

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION From To Number Length !S.G (.)

ASSAYS

Au (pph) Au chk (ppb) Au FA (gil) Ni(ppm) Ni chk (ppm) CertNo (.)

Ultramafic Volcanic 45° med brOv.l1ish-grey, fg, mildly crackled, ""Iy chl'c'! moo perv Fe-carh'J massIve tlow(s). posSIbly w'ly slilcllied esp. rangmg dQ\.\'nhole & becoming bit flow brecctated; BC at 40dca ptf

9700 12182 POO2 98.89 9981 TMSG-13 0 85 Pyrrhotit~ 624

/.

I f~cg wisps, dots and occ grams of dIsseminated 1 to 3% po thro

~~~.! 101 no I~l S.:: S-;ALTD 10100 10400 100 81 <5 123828

Sediment undif. 4()C;: Altered 105.78 10678 100 80 123828 mottled and banded dk green-grey and pale greentsh-yellow, sIlicIfied, bleached and spotty sertcitlzed, fg, thickly lam'd 11600 119 00 ;;;:! 00 278 <5

sediments {mudstones and occ conglomeritic mudstones); locally highly contorted and \.\"ell foliated at 25 ~ 60dca, locally ll9.00 12182 82 shov,!mg mod "S" kink stpJctures, 11900 12182 27~4~ lObi) 8: 283 f-mg dlSS bro\\lTI po patches & zits de ..... 'd thro - bit magnetic, minor white +!~\'tIggy qtz-car strs & vlts xcuttmg / sub=ptf at 40 and IOOdca;

121 82m EOH [Drillers rpt 122m]

Jogged by RY. Zalmenunas P Geo Nov 21,2008 Larder Lake, ON

II2l. ODHend Number of samples: 18 !'iumber of samples QAQC: 2 Total sampled length: 40.65

• ,

I

Project: Globex DOH: TM-II Page: 4

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- - - - - - - - - - - - - - - - - - -

Globex Inc. ASSAYS

Number Qtz("!.) MgC03 (Index) Talc (Index) (Index) FM'arb (Index) Hom (Indn) : Chi (Index) ! Serp (Index)

TMSG-IO 27234

1

0 0 6 TMSG-ll 27235

I~ 2 0 6

27236 4 0 4 T!vISG-12 27237

10 0 4

27238

I~ 0 0

27239 0 0 27240 2 0 4 27241 2 0 4

1

6 0 4

70 0 6

0 0 ()

0 0 0 0 0 0

Project: Globex DDH: TM-ll Page: 5

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- - - - - - - - - - - - - - - - - - -Globex t.<>, .. ." .. i""",,, Inc.

100 100 100 100 100 85 100 100 100 9333 12 100 93.33 12 100 95 8 100 21 100 6333 18 100 70 30 100 50 13 100 9667 22 100 96.67 20 100 100 14 100 100 12 100 100 12 100 100 16 100 91.67 20 100 9S 12 100 9667 7 100 95 13 100 100 8 100 9661 9 100 100 9 100 Ion 10 100 100 13 100 90 13 100 90 23 100 9833 12 100 100 10 100 100 II 100 98.33 11 100 100 7 100 100 II

Project: Globex DDH: TM-l t Page: 6

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- - - - - - -

DDH: TM-12

Dnlled by Bradley Bros. Ltd. Described by . R.V. Zalnieriunas P.Geo.

- - - - -Globex Mining Enterprises Inc.

Claims title: 850096 Township Deloro Range Lot

From : 1114/2008 Description date: 1112112008

- - -

Section : L9+50E Level : Surface Work place'

To 1115/2008

- - - -

I I

I Collar -------~--------------------------------------------------------------.------------ ---

I Azimuth . 360.0° Plunge -45.0° Length 56.00 m

Longitude (East) Latitude (North) Elevation

NAD83

479856.0 5357615.0 320.0

1998 Surface Grid

954.8 -365.5 3200

Field Coords Line(E) - Sta.(N)

949.9 I -365.8 i 00 I

r----- Downholesu~ey -------------~==~==~======~~========~===.=======~========~=;~==~---------------Type Depth Azimuth Plunge Invalid

Reflex EZ-Shot ! 12.60 m ! 35740 -44.90

Reflex EZ-Shot 51.60 m I 35740 -45.40

I

No No

ii Remarks -----------___________________________________________________________ ---j

II Casing capped

Core size' NQ core Cemented . No Stored Yes

Project: Globex Globex Mining Entreprises Inc. 1/11/2009

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION From To !Number !Lenglh S.G (-)

ASSAYS

Au (ppb) Au chk (ppb) AuJA (gil) iN, (ppm) Ni chk(ppm) !Cert.No.(-)

0.00 1100 -OB Overburden minor fragments ofUMV. sed & granitlc boulders recovered

1I00 1400 MII,-Ilt

I Talc Stbist; Fault 5(f/~ med grey> fg ma,,:;ive till\' [<chi::.t Nmds. & fragment 3()G·~ pale grey ta1cose mud fault gouge, !Q~al fragment sho\\~ C A of IOdea;

13.0 - 140: GROL1\U & LOST CORE 1400 5600 Mlie: RIBD 1568

i~~~ iii~~-15 j !287 Ta1c-Chlorite Schist 22,5°; Ribboned 1700 1;;: med grey. fg, thickly laminated to thid, banded TeL shov.ring minor cam strs :hro oriented generally pts at 20-30dca, 50.00 I~~~ ~'~~~-16 ~. strong FeMcarb gndma.ss; ~SM, 5300 12 47 2 ~ 473 minor chi'c fault slip at 15dca

56 Om EOH [Drillers rpl S6mJ

logged by KV. Zalnienunas P Geo. Nov 21, 2008 Larder Lake, ON

156.00 DDH end

Number of samples: 4 :-lumber ofs.mpl .. QAQC, 0 Total sampled length: 7.43

! .

!

• Project: Globex DDH: TM-12 Page: 2

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------------- ------Globex Mining Enterprises Inc.

Projeet : Globex DDH: TM-12 Page: 3

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- - - - - - - - - - - - - - - - - - -Globex

9833 15 8167 18 100 7 %61 15 7833 12 8667 12 9167 l\)

9167 19 90 9 100 18

I Project: Globex DDH :TM-12 Page: 4

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- - - - -

DOH: TM-13

Drilled by . Bradley Bros Ltd Described by RY Zalnieriunas P Geo.

f----- Collar ----

I Azimuth 358.0° Plunge . -45 0" Length t21 86 m

i r--- 00\\11 hole survey

II

'I

II II

Ii

- -

LongItude (East) Latitude tNorth) Elevation

- - - - -Globex TPl'nW'ljilf'jil Inc.

Claims title. 850095 Township Deloro Range Lot

From . 11/5/2008 Description date' 11125/2008

c-N_A_D_8_3 __ __~l ___ 9_98_S~~urface Grid

953.0 -304.5 3220

1:-----casing making \Vater (-6 gpln) - ordered proper plug~style casing cap with ball valve (casing \vaslater used as water supply source}n -rz

Project: Globex Globex Mining Entreprises Inc.

- - - - - - -

Section L9+50E Level . Surface Workplace:

To 1116/2008

- Sta (N)

1111/2009

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- -

IJ 35

700

850

1000

1135 5537

l) 35

1210

'>500

37 6140

- - - - - - - -Globex

Overburden Casing pushed into bedrock to 7 07m 12. CHIL; ALTn Intermediatelntru,i,e: Chilled; Altered blotchy grey. dk green-grey and buff, fg, massive chtlled intrusive - probably porphyry equiv shoWing well dev'd patches & bands of seric alto & bleachmg and fg to vfg diss sulfides thro; Be 42dca sharp & jntn.l~jve

850 Py02; PoO 5 Pyrite 02%; Pyrrhotite O.S"/o:,

disseminated 10.00 Po02;PyO.I

Pyrrhotite 02%: Pyrite 0.1% disseminated

1135 Py3 5; PoLS Pyrite 3.5%: Pyrrhotite L5%

disseminated V13; TLCS; CARB Ultramafic Volcanic 400; Talc(Jse: Carbonitized

wkly reXtaJized and ,ahered yanably carb'd (mod-strong Fe-carb gndmass) UMV ShCM'ing Dec sections bands ofWAA (,\.vhite alteration spots - ankerite/ferro-dolomite");

along core axis at 0 -+:_1 Odcu; ',,,ic c-strs and qcstr thro;

14.0. 15_1 minor blades of probable relIC olivine xra1s.as v..-x spjnfex -2mm x 20+mm jn SIze, 495 - 55 37 becommg bit more chl'c &. wkly sericltl(:, generally blocky and mod broken core

BCsharp and wkly undulating at 35dca 1110 Py05

Pyrite 05% only trace po

15 to Pyu 001 Pyrite 0.001 %

no sig min1n

5780 PoOS Pyrrhotite OS~/o

t:mg disseminated blebs S4gf; Vl33S, 5435, INTC Graphitic Mudsoue 3So; Ultramafic Volcanic; Mudstone; Intercalated mixed i/c sediments & volcanics as follows:

5537 - 55.73 black carbonaceous: I graphltic mudstone, tnm!y lammated, mod qtz-carb stringered & threaded; core angles 35dca: section blocky & broken \¥1th botom contact (B(') on ground & lost core: grades into

55_73 - 58 35. med green-grey, mg. masSl\'C carb'd & scricJtJc; yolcanic, bit talcose. shov..:s weak xcuttmg qtz-carb strs at 60 & 30dea, wk faIn at 2S & Odoa, possibly altered komatiitic basalt', Be' meg at SDdca

Project: Globex

- - - - - - - - -Inc.

From To Length

I •

1238::2 700 50 1.50 162.0 157.0

123822 850 10.00 150 1400

10.00 1135 135 156.0 123822

:

1135 1210

12 iO 13 GO 76575 13.60 1510 176576 1360 1510 : 76577 (Obi) 13.61 15.10 i 76578 (BIn) 13 62 15.10 i 76579 (SId) 1746 L810 17.00 2000 127250 4100 42.00 TMSG-17 1.00

I

DDH :TM-13 Page: 2

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- - - - - - - - - -Globex

DESCRIPTION

00 Komatiitic Basalt 350

; Ma,"sive med, green-grey, mg, massive to mtldly brecciated & wkly sheared j foliated at I 55dca, mmor grey carb strs. strong perv. Fe-carb ground mass, vvk perv seridte? thiC.

6979 Be 20dca sharp S4.ALTO Mudsfone; AUered mottled dark grey and paler green-grey. bleaching & banding thro~, mod qc strs & grades into

cherty ~d, thick bed, ShOt ... l0g pater green chi', &!sericltJC mod perv. F e-carb gndmass,

6700 70.00 PoO.OJ Pyrrhotite a.01 %

trace coarse to fine diss blebs 73.66 VieS; MASS

K(}matiitic Basalti Massive (.s 61.4 - 67 Om) fine foln crenulated Jnto open "z" kinks at 4S-5dca, avg 4Odca; mod~strong perv Fe-carb gndmass;

grades on 20dca scour into" 77 50 S4

Mudstone 350

dk grey. "fg cherty mudstone (similarto 67 0 - 69 79) wkly foliated at 35dca; grades into

9860 S 1 Conglomerate 350

med grey, med to coarse, matrlx supported, monomictic pebble to cobble conglomerate sholAing 25 - 50"IQ subrourtd eliptical sedimen1anJ fragments &J rip-ups thro: moo - wk qtz-carb srrs & vlts thro.

5%, f-mg diss po blebs dcy1d as eliptical aug ens thra in upper third of section; umt oycrall appears to grade finer do\\nhole and !s thinly laminated at 25-3Qdca thro:

Be at 60dca on graded vague contact 77.70 80.00 POO)

Pyrrhotite 05 11/.

coarse irreg diss blebs aligned along foliation planes 11469 'in, BX-, C."-RB

lJltramafic Volcanic 600;

Project: Globex

- -

DDH: TM-I3

- -

1

278 j279

12 .. 88 285 2.90

- - - - -

Page: 3

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- - - -

DDR end Number of samples : 18 Number of samples QAQC: 6 Tot.! sampled length: 36.56

- - - - - -Globex

- - - - - - - - -

1 i DOH: TM-13 Page: 4

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- - - - - - - - - - - - - - - - - - -

a '0 a !o

0 'I :'0 0 10 i0700 0 !1 Ig () !a 110.00 09 0 I~ 0 '0 113.00 1:0

0

I~ a la

114.7Q I 13 0 11

116.00 LO i4

Ig 0 II

119.00 14 0 }

I

I I I

I I !

Project: Globex DDH: TM-13 Page: 5

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- - - - - - - - - - - - - - - - - - -GJobex Mining Enterprises Inc.

~ Rte. RQD Joints

From I To Len. % % Nmb. Type

We at bering

8.0011100 3.00 100 96.67 13 11.00 11400 300 100 91.67 IS

114.00 : 17.00 3.00 100 100 5 11700 '20.00 1 100 95 7 120.00

12300 ' 100 95 7

2300 12600 100 8167 11 '2900 100 8333 11

100 WO 6 100 100 11 100 9333 8 100 98.33 8 100 9667 8 100 85 10 100 100 17 100 100 18 100 75 20

5600 100 9667 14 59.00 100 86.67 17 6200 100 100 9

I ~~.~ 100 100 13 100 100 6

7100 100 100 8 1 7400 100 100 9 '7TOO lOO 97 6

100 9833 5 100 93 9 100 9333 18 100 95.67 II 100 9833 4 100 95 9 100 98 12 100 9767 13

104.00 lOa 9767 15 107.00 100 96 J2 110.00 100 9033 00

113.00 100 88 21 11600 100 95 10 119.00 100 100 6

Project: Globex DDH :TM-13 Page: 6

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- - - - - - -

DDH: TM·14

Drilled by . Bradley Bros. Ltd. Described by : R. V Zalnieriunas PGeo.

- - - -Globex

Claims title: 850095 To'Wnship : Deloro Range Lot

From . ! li6/2008 Description date. 11/27/2008

.......... ----~~ Collar --'---'~"----'-'---'--'~---------

Azimuth Plunge Length

. 360,0° : ·450° : 121.54111

f--. -,-"-,, ..... Down hole survey

Longitude (East) Latitude (North) Elevation

- - - - -Inc.

Section . L9+50E Level . Surface Work place:

To 11110/2008

~----- RemMks ------------- -------------------------.. - .. ---------.--------------------.---,-------------- ----------"",.-v.-ater noted flush WIth top of casing - ordered proper plug-style casing cap be instaHed .. rz

NQcore Cemented , No Stored' Yes

Pr~jcct : Globex Globcx Mining Entrcprises Inc.

- - -

1/1112009

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- - - - - - - - - -

1010

Globex

10 10 -OB

4080

4700

~'erburden ~Im of mixed VB, CARB L~tramafic Volcanic; C.,rbonitiiud med-dk grey, fg, med-thickly iaminated, talcose & chlontic banded to nbboned iiI; \"Iith massive bands of ah'd UrvtV showing moo-strong f .-<arb J!lldmass &. oee WAD; 10 10 - 20 0: mass:ve c3rb'd UMV, grades into: 20.0 - 330: well feliated &. banded &. ,heared UMV at 50-20 &. oee Odea; 330 - 39.8 handO<! talc-chi schist undulating at 25-Odca thro, grades into 39_8 - 40_8: fg, green massive taicose chlorite schist reactitlfi contact lone, wkly foliated at 50dca;

section grades at 50dca ptf into: S4; \1ASS Mudstone sua; Massive med grey to greenish-grey~ vfg massive mudstone bed shows minor «I~'O) etiphcal mudstone rip-up pebbles and <:lasts, wfdy rohated at 4Odca, trace sericite? moo. SIlicified; section mod crackled., fractured & seafed by irreg \"'ispy qt.z»carb thds & strs irreg thro, (race mg iucg po;

grades at 40dca ptf into 5170 S4; VND­

Mudstone; Veined dark green-grey, fg silicified sediments (as above} and minor thin bed ofm()llomltk sed, conglomcritic at 45dca; section mod fractured, cracked and well sealed with 30% white & dear, vcg ribbon qtz vlts, strs & thds, gen, oriented subptf (parallel to foliation) of 3010 7Odcqa. minor bleaching & \,,1< sericite dev'd at vlt walls, no sig sulfmjn'n~

Be on minor 35dca fault mud seam 6140 VU; BX-

Cltramafic Volcanic; Breccia med grey, fg, strongly Fe-carb1d, mildly hrecciated UtVfV ,grades below 57 4m into more mas.sive flow showing mod sericite alteration overprint. wkly fol'd at 50doa.

BC vague -%dca 66.06 MI, BAJ-.'D

Schist 65'°: Banded nUxed banded, green and grey schists as follows.

61.4U {)3.Su ivije

63.50 64 50

64 50 6523

ChlQrite Schist med green, f-mg, massive chic zone sho ... vs mod white card thds & spotting thro; 'Wi< diss py band dev'd at base I 4cm~ Be lrreg, banded & brCCCI'ated at 55dca

V;CARB Volcanic 6{)0; Carbonitized

pale-mg, greenish-grey, mg, massive, bleached looking, strongly carb1d vol\;, BC sharp at 60dca

MIc

Project: Globex

- - - - - - - - -

DDH :TM-14 Page: 2

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- -

6H6

7477

- - - - - -

DESCRIPTION

6566 -sil Silica flood Zone

med-pale grey_ m-cg, wkly foliated I banded at 0,5 & 20dea silica aim band, Be vague & diffuse at 3Sdca

6606 ~lIc

Chlorite Schist dk green-grey carb thdd chI schISt band, well shd! fol'd at a-lOdea, Be' curved, xcuttmg & sharp at -20dca

-sz;BAND St'rpeQtine-Carbonat~Talc Altered trM Volcanic 600~ Banded

- -Globex

pale greenish-grey. f~cg strongry reXtalized seqrcarb zone, shows mod -\vk F e-caro gtldrnass and med bands of lrmonrte :' fe..ooxide staining dev'd haloing oec joints:

753J into

Cblo,ile Schi,t dk green, wkl,Y talco.e, strongly carb chl'e altn band I bed; BC -45dca xculs foln of 25dca,

8700 -tz Talc-Ca,bonate+/-Chlorit. Altered UM Volcanic monied & speckled - aimost granitic looking, me<! yelloVvlSh-brown & med grey, \\jkly colour banded, stronly reXtalized tafc-carb- hem, spotted vok~ wily fol'd at 8Q and 20dca, section shows fare x<:utting bull qtz veins & vlts and grades into

98.S3 -lz Tale-Carbonate+/~(lIf-orite Altered U1\t Volcanic rued grey, m..cg, massive to wkiy banded! ribboned, bn dirty iooklllg I.;ail_"'-tak ReXta1i:ted 2:0n~, foliated at 45 to 25dca; grades mto

11006 -carb; VND-, SILD Carbonate lone (undt'finffi); Veined; Silicified mottled to banded, pare greenish-grey & fg, chic & Fe-o~{lde streaked carb zone, veli1ed & xeut qtz tensIon flats ( 175d<:'a) a.'1d iITeg creamy strs; wk black chI strs at 60 & grades ;nto

11154 -tz Tafc-Carbonate+f-Chlorite Altered U~1 Volcanic med grey, masSIve to \\ldy banded, strongly reXtahzed &. <am'd altn zone (as 87 0 - 9853m) fuin ranges IS

121.534m EOH [Dollers rpt 122m]

ODHend Number of samples: 28 Number of .ample. QAQC; Total sampled length: 75.45

Project: Globex

builiale

-

6610 68.00 7100 7400

7600 ?BOO 81.00 84.00 8700 8700 9000 93.00 9600 9853 101.46 104.00 107.00 IlIJ.OO 113 00 11600 119.00 119.00 119.10 119.20

-

DDH :TM-14

-

1.9()

- - - - - -

294 ,2%

I::: :293 :297 12.98 ,300 '302

1292

1293 /2% '298 1297

1308

Page: 3

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- - - - - - - - - - - - - - - - - - -

4 5 4 4 4 4 4 4

f400 7600 i2 ,78.00 14 18100 14 84.00 ,4

[8700 14

li::~ 4

I: :0 I~ 9600 10 1

9853 '1 ,0 13 10146 14 1° '1

1104.00 4 I~ ,0 14 107.00 4

I: !o '4

11000 4 10 12 113.00 4 1° ! 2

111600 4 ,4 ,0 ,0 ! 19.00 4

14 1° ITR II I' I I ,I I

I

II II

II

Project: Globex DDH: TM-14 Page: 4

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- - - - - - - - - - - - - - - - - - -

100 98 100 9433 100 100 100 94.67 100 8833 100 100 100 9333 6 100 83.33 19 100 6 100 98.33 6 100 9833 6 100 75 26 100 90 13 100 100 3 100 96 5 100 95.67 7 100 100 8 WO 9933 6 100 99.33 4 100 % 12 100 96.67 10 100 99 7 100 9DJ 8 100 100 100 99 3

1100 %33 5 11)0 98B 5 100 9567 15

1100 100 I 100 9767 4 100 98 6 100 9833 4 100 9667 5 100 100 6 100 100 9

Project: Globex DDH: TM-14 Page: 5

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- - - - - - -

DDH: TM-15

Drilled by . Bradley Bros. Ltd Described by • RV Zalnieriunas PGeo.

- - - -Globex

Claims title. 850095 TovlUship : Deloro Range Lot

From • 11/1112008 Description daie • 11/29/2008

-Inc.

:----- Collar .-..... ------.-----.. --.- --... _-- --~ .. ----... .. _ ....... _-------------1998 Surface Grid NAD83

AZImuth Plunge Length

.2.00

. ·45.0°

. 122.04 m

Longitude (East) Latitude tNorth) Elevation

4798510 5357797.0 324.0

950.4 -183.5 324.0

- -

Section Level

-

• L9+50E • Surface

Workplace.

To' 11/1112008

-

Down hole survey ------... - ... -------..':=:-==,==~===~==.:====~~~===~====!::;==;:;::;:::::=~---- ..... ----.

casing capped

Cemented. No Stored' Yes

Project: Globcx Globex Mining Entrcprises Inc.

- - -

111112009

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- - - - - - - - - -

7.00 -OB Overburden

12204

700

950 166D

1660 18.00

18.00 22.00

22.00 2649

26.49 2727

27.27

27 '!O 2870

2870 29.70

2q 70 3680

Project: Globex

earthy yeJlow, e.g, hmomte? stamed carll zone; grades into:

MASS ~1assi"e

med-pale grey, og carb zone, locally nbboned! l'ohated at 20dca ALTD Altered

yellow-grey, eg, masslve talc-earb, mod hmomtlc, grades into' CHLC Chloritie

pale yellotvish~grey. v. wkly hmoruttc. m~C'g carb 7()ne sho\vmg \V,sPS & Mrs black chI on jrs & as "ague bands, overall wkly fohated 30dca. oce bands at 70dea; grades at 70dca into

FOlT Folia/iN!

pmklsh~grey. tnwcg, wk.ly sheared equigranular, bit catac1astlc & mod foliated carb zone sho\ovs med~dk grey \VlSpy I chl\: &1 spec hem matnx, BC sharp at 5Sdca

FG.-Grain Size ~ fine

med, orange-pink IA1th black foln thds, granitic-looking; eacb zonf', thinlv latnmated & finelv foliated at 55deo: grad~s on rotated react,;n front at 70Ma into

AlTD Allered

FOLT Foli.tied

Veined

m~vcg foliated tarb zone, Into

pmKls.il-grey. eg, I;4J U LUIlt:,

-

q 50 1200 IS 00

-

DOH: TM-15

-

123

150

- - - - - -

307

Page: 2

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- - - - - - - - - -

3&80 3970

3970 5150

51 50 5322

5322

5900 6460

64 60 65 CJO

6590 7600

76,00 89.96

Project: Globex

V~iDed pmk-grey, fg, s!l'd & des:t alt'd carh 70ne

xcut by bull white tension qtz veins, yellow reactiOn nms:, Dec bIt Yuggy contacts and \\-Tinkled selvages~ grades into'

MASS

VND­Veined

Globex

foitated I banded at 3Odca, 100 and rarely 6Odca, veining sho\VS creamy

m-cg TOurrnahne? needJes &J black ehl colJoform

and bands of pink them'c'}) carb and rare xcutting pale SQdca, grades into:

pink-grey mottled, granitiC destructive textured carb zone (sImilar to 26.49-27.27rn) xcut & Hined bu 140dca, vlts locally show mg irreg black patches of greenish-yellow and white vhs onented 0, 90,

bJack spec hem, & poss. tourmalme needles; BC sharp 40dca

MASS

med grey, m-cg mas/ilve carb zone unIfonn to ~58, Om, below \, hit:h ;;HtdluJi: Dt-comes 5tnnge-re-d by O.5.cm dk grey chl-spec.hem nbbons spaced -8 I Oem apart at 40dca ptf:::::: PQSS alto along jtS- Or cleavage planes. section grades 11110

CHKD;BLAD Ch"'lu ... ~d; Bladed

med grey. zone shoVving minor pmk hem altn patches, stnngered, banded & bladed by dk grey to black 02 ~ black chI altd jt? j fracture o;elvages oriented 20. 45, I SOdca and grading dov.n hole into a l1led breccia showlog strong black str matrix thr.o:

at ~80dca

Silicified; Fuchsitic mottled & banded. dull ye!low~grcy, grey nnd bright green, s11'd & talcose, mildly brec<:iated & crackled sIlicified carbonate zone, lower ",all wkly foliated at 60-65da, grades prf into:

CHKD;BLAD Citequerw; iiiaoeu

mottled, dk grey, pmk & black, coarsely bladed & sltingered zone (as 59 0 - 64 6",) grades into'

BAND Banded

pinkisl'-gl·ey, m-fg carb ,.one, mod foliated & streaked vmh WlSPS of black thd, & oee sus of black-dk grey spec-hem"black chI as

at 16Q...180dca shOv.1ng exsolved styohtic qtz dey d

- - - - - - - - -

DDH: TM-15 Page: 3

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- - - - - - - - - -Globex

DESCRIPTION

Massn'e; Stringered med grey, mg, massive carb zone, shomng fare carb strs & thds and occ dk grey chic selvages! healedJts a140, 20,160 dca, wk perv Fe-mU'b gndmass thm;

94 42 ~ 94 SOL maSSlye creamy yellow carb vnlt at 33dca; TW'~5cm, minor rng greenish talc thds dev'd at upper contact;

102 55 - 102.75: O.5crn xcuttmg qtz-carb sir at 175dca haloed by mod f .-carb and shov" bright green fuchsite' dev'd with styolitk qtz:

seetton grades into 104.00 12204 MASS

()DH cnd

Massive med~pale grey. mg, massive carb zone shows rare darker grey thds ofjt? controlled chi i spec. hem altn as astamosing thds in tower quarter of section; wk perv, Fe4-carb gndmass thro;

11788 - 118.60: mottled & thinly banded orange Fe-cxlde stamed wall rock and thin (lem) xcutting dull semi~transiucent talc str at -170dca. bit vuggy; core rnod broken & blocky,

12056 - 12] ,06, ribboned pale grey and green carb-talc vein (sjmilar to above) oriented at 20dc.a. Vti< patchy brown-orange Fe-oxIde stained wall rock and minor spec hematite thds at contacts

i22.04m EOH [DriBers CP' 122m]

logged by RY Zalmeriun» P.Oeo. i'Jov 29, 2008 Larder Lake, ON

Number of samples: 46 Number of sample. QAQC: 5 Total sampled length: 115.04

Project: Globex

- - - - - - - - -ta ... , .. '''''''''' Inc.

From Number chk (ppb) Au]A (!Y") Ni (ppm) chk (ppm) Cert.No. (-J

89.96 27330 92.00 27331 9500 27332 98.00 101.00 101.00 104 00

10400 10700 300 J 01 I07.00 1 iO 00 300 1298 11000 113.00 300 : 98 113 00 11600 300 11300 116 00 3 00 300 J 13 10 116.00

I;~ 113 :0 11600 1\6.00 11788 1 88 3.02 117.88 12106 3 18 298 12106 12204 098 306

I

I I

DDH: TM-15 Page: 4

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- - - - - - - - - - - - - - - - - - -

Qtz(%) MgC03 (Index) Tak (Index)

.:2.0 2 2 1

120 6 2

105 6 2

IL 2

27297 TR 6 2 0 2 27298 TR 6 2 0 3 27299 :00 6 12 ,0 :2 27300

I~ 6

II

10 10 I; 27301 6 '0 ITR 27302 0.0 6 0 '0 0

i 2850 27303 220 5 0 0 :1 0 : 30.00 27304 0.5 6 jo TR 2 I : 3200 27305 0.8 6 I~ TR 2 0 3400 27J06 ITR 6 i2 0 0 36.80 27307 1400 5 13 '0 TR II 0 3970 27309 14.0 6 10 TR

I~ 4200 27310 :0.9 6 '2 10 TR 0 4400 27311 I~ 6 12

1

0 TR 0 4700 27312

io~ 6 I~ 1° TR 4 0

50.00 27313 6

I~ 0 TR 4

I~ 0

5150 27314

1

240 5 0 1 3 0 27315 05 10 TR 3 0

lIS 6

I~ 10 TR 1 13 0

0.9 6 10 0 2 3 0 250 .10 6 !o TR 4 6 0

27119 150 1 10 TR TR ITR 0 j27320 :10 6 ,2 :0 0 4 I: 0

127321 I;; 6

Ii :0 TR

27322 6 10 TR I: 27323 1.0 6 :0 TR 27324 7.5 6 0 TR 14

127325 135 6 12 :0 TR 14 27327

1

05 6 12 10 TR :2

1

27328 TR 6 i; 10 0 TR 27329 U 6

10 0 I I ,0

: Q2.00 27330 TR 6 ,0 2 1 ITR :0

1

9500 127331 IE 6 I~ TR

IE 10

98.00 27332 6 2 TR 10 10100 27333 6 ,0 TR '0

'fit (HI . II" {vi I ~7l11

I~; 6 :0 'fR

104.00 I i07.00 127;;5 6 0 TR Iii

10700 110.00 27336 100

6 ,0 TR ITR 11000 ,11100 27337 0.9 6 10 TR 12 113.00 : 116.00 27338 0.3 6 10 TR 'I 11600 117.88 27342 0.3 6 0 2 117.88 12106 27343 3.0 5 0 13 12L06 12204 27344 TR 6

12

Project: Globex DOH: TM·15 Page: 5

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- - - - - - - - - - - - - - - - - - -Globex Inc.

From To Len. RQD

Weathering OESCRIPTIO~ %

700 800 1.00 1165 265 II 8.00 11.00 3.00 : 100 8533 19 1100 1400 3.00 100 94 4 1400 1700 3.00 100 94.67 9 17.00 3.00 100 9733 8

300 100 9333 10 '.00 100 100 3

1300 100 9933 8 '3.00 100 96.67 6 3.00 100 96 67 9 3.00 100 8333 20 3.00 100 89 6 3.00 100 96.67 II 3.00 100 97.67 6 3.00 100 9833 7 3.00 100 9467 II 300 100 97.33 7 3.00 100 100 5 300 100 97.33 7 3.00 100 99 6 3.00 100 9533 II JOO 100 9433 12 3.00 100 99 7

100 97.67 9 100 96 10 100 100 5 100 9667 II iOG 100 7 100 96 10 100 9833 9 100 97.07 4 100 9967 4 100 9467 <)

100 95.67 II 100 100 3 100 100 3 100 9967 4 100 93.33 13 100 100 3 J(JU 100 1

Project: Globex DOH: TM-i5 Page: 6

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- - - - - -

DDH: TM-16

Drilled by Bradley Bros. Ltd Described by R.V. Zalnieriunas PGeo.

- - - - -Globex

Claims title, 850095 Township ; Deloro Range Lot

From 1111212008 Description date: 121212008

- - - - - - - -Inc.

Section ' L9+50E Level , Surface Work place'

To 11/12/2008

I~-------Collar --------------------------------- .............................. ------------------.......... -------------------------------------- .................... ,,---------- .... ---------------------~

Azimuth Plunge Length

, 2.0" -45,0° 122.D3 m

Longitude (Ea~t) Latitude (North) Elevation

I!----························· Down hole survey --.--_.-"" ................................................ --------'=~=~;=.====~~====~~~==~~:.::.:===::;==::.;:;=~---......... ------ -------------------------'---···-1 [nvalid

casing capped

Project: GJobex GJobex Mining Entreprises Inc. 1111/2009

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- -

140 S300

140

355

13.80

18.25

32.00

.17.00

40.00

6400

- - - - - - - -Globex

355m -mz Magnesite-Talc Altered U:M Volcanic banded grey. pmk and cx:c orange-pink, f-cg, reXtahzed carbonated UMV showmg vanable f-mg spec. hematite speckling and variable dk grey spec. hem! black chi thds, strs and bands dev'd as selvages on healed fractures and joints and vanable bull \vhite qtz vems, vlts & srrs showing typical creamy yellow earn alto at margins; banding & loin variable 10 to &Odca.

355

1380

18.25

3200

3700

4000

MASS

grades. mto BAND Banded

pink & grey grading to grey downhole, cg, thickly banded at SOdea earn altn zone; wkly foliated at 35rlca; mr qrz-carb strd dev'd in Center (lfsect!lm at 55 arl170dca, minor sr'sfblcdifg spec hem. altn xcuing a section grades 12m diffuse bandinto next Un!·

VND-;BLCH Veined; Bleached

pale grey, vfg-aphamt!c. massive carb alt'd zone groundmass shO\ .. mg 5·10% f-rng b!ack dlSS spec hem. grams thro and vanable whIte to pale cream qtz~carb strs, vhs & vems; overall section looks like an If Alasklte"; best veining occurs as a set of conJugate veins at 14.52~15.15 one-nted 150 & then 25dca, overall wk foln at 70dca. grades into:

MASS Massive

med green-grey. cg talcose carb zone shoWing mod f-mg diss spec hem grams and ocr dk grey healed polygonal jt selvages «lcm at 30,50 & 14Odca). grades nto

CHKD Cbequered

pale grey, fg, massive carb zonc,xcut,nboned &. checquered by <2cm irreg. dk grey chl'c'1 aftn selvages oriented at 'lO, 45, 5 & 120dca tbro; grades into

l\!ASS Massive

green-grey, cg, massive talcose--carb zone (as 18.25 - 32.00m) minor stnngering & banding tltro at 35 & 150dca

5100 RlBD Ribboned

-tz, RIBD

moo grey and mmor pink mottling, cg, thinly banded to wkly ribboned at 30-4Odca, whkly sheared earb zoneshowi.ng minor white or pink qtz-carb strs & vim de,,"d subptf at 25, 80 & 60dca thro, minor trace serp 10 gndmass, no sig. Fe~carb; grades at 35dca ptf into:

Talc-Corbonolr+/-Chlorite Altend t'M Volcanic 45°; Ribboned mod dlrty, greemsh-grey and minor mottled pmk, wkly banded or nbboned thro at avg 45dca by darker grey carb-chl

Project: Globex

140

3.55 550 5.50 8.50 IllS 1400 17.00

20.00 23.00 26.00 :::9.00

32.00 35.00

1'1\ 00

38.00

41 on 44.00 47,00 50.00

53.00 56.00 59.00

-

DOH: TM-16

- - - - - - - -

Page: 2

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- - - - - - - - - - - -Globex Mining Enterprises Inc.

green strs anastamoslng thro,

very angles at Q..20, 40-60dca; modereately blocky & broken core. gra.des Into

77 00 -Iz, -sz, INTC Talc-Cflrbonate+l-Chtorite- Altered UM Volcanic: Sffpenfin ..... CArbonate-Talr Alterf'd HM Volcanic: Intercalated greemsh-grey talc-earb (as 53.0 - 64.Orn) i/c WIth bladed yellow grey serp-carb (sImilar to 64 0 -69,0) as thick bands onented al35dca; grades mto

9535 -mz; MASS Magnt'site.-Talc Altered UM Volcanic; Massivt rned. grey, mooeg maSSive to locally faintly lammated I banded at 35-30dca y..ith laminations locally flextured (open "S" kmks) to Odca~ trace Fe-carb gndmass thro, trace occ serpentinized angular splashes f fragmel1ts beiow 87.0rn BC 20dea sharp ptf

Q" 4Q !\i1c; ('ARB LDlorite Schist 200; Carbonitized med green, mg, massive relic chlorite band! carb'd mafic volcamc No original textures apparent strong: f: .. rng \VAD ("v .. ilite a1tn spottmg - dolomlte") dev'd thro, and minor xcuttmg carb thds: Be SOdca plf

104 00 -Iz; BAND Talc-Carbonate+I-Chlorite- Altere-d UM Voitanic 400; Banded mottled med grey, grenlsh-grey, pmK, m-cg, thinly banded ¥ikly fol1ated & str'd curb altn zone at 40 and 15-0dca.

"" pefY Fe-<arb gndmass, grades into

122 03 -mz; MASS

DDHmd

Magnesite-Talc Altered UM Volcanic 35¢; Massive med grey, m-cg. masswe carb aIm zone (Similar to 77.0 ~ 95"3Sm) weak perv Fe-carb gndmass thro~ occ rare foln defined by alignment of famt spec hem as minor black - dk grey thds oriented at 35dca, rorc 1. SOdca xcuttmQ: irrq:: carb thas. locally fn!ded at 1)0-120<1ca ~1r sutrDtf at 2S-45dca.

1 22.03m EOH (drillers rpt 122m]

logged RV. Zalnienunas P.Geo. Dec 2,2008 Larder Lake. OX

Number of samples: 4J Numb .. or sample, QAQC: 5 Total sampled length: 1l0.63

Project: Globex

96.49 127381 98.50 101.00 27JS2 101.00 104.00

127383

! 104.00 107.00

1

27384 107.00 110.00 27385 110.00 113.00 127386 113.00 116.00 27387 11600 119.00 27388 119.00 12~.OJ 127389 11900 122.03 127390 (DbI) 11910 12203 27391 (BIn) 11920 12203 27392 (SId)

DDH: TM-16

- - - - - - -

~ 98

L14

Page: 3

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- -

From

1.40 3.55 5.50 8.50 1115 1400

11700

li:~ 2600 2900 3200 35.00 38.00 41.00 44.00 47.00 50.00 53.00 56.00 5900 62.00 64.00 6650 6900 7200 74.00 77.00 8000 83.00 8600 89.0U 9200 9535 96.49

1,10, on

98.50 101.00 104.00

"

11

11000 113.00

r:~

To 3.55 5.50 8.50 1115 14.00 17.00

12000 23.00 2600 2900 3200 35.00 38.00 41.00 44.00 4700 50.00 5300 56.00 59.00 62.00 64.00 6650

1

69

.

00 72.00 7400

177.00 80.00 83.00 86.00 8900 92.00 9535 96.49 98.50

10400 107.00

110

1.00

111000

1

113 00 11600 11900

I'" "'

-

Number

27345 27346 27347 27349 27350 27351

127352

lim~ 27355 27356 27357

127358 127359 27361 27362 27363 27364 27365 27366 27367 27368 27369 27370

1

27371 27372 27373

127374 27375 27376

127377

127378

127379

127380 27381

27383 27384

127382

0" ,",lR)

1

27386 27387 27388 27389

Project: Globex

-

Length

2.15 1.95 3.00 2.65 2.85 3.00

1300 3.00 3.00 300 300 3.00 3.00 3.00 3.00 300 3.00

1300 300

1

3.00

3.00

1

200 250 2.50 3.00 2.00 3.00 3.00 3.00 3.00

1300

1

300 335 114 201

I

, ;~~ 3.00 3.00 303

1

250 3.00 3.00

- -

Qtz(%)

3.5 5.0 0.0 180 08 200

11.0 ,1.0 1.0 3.0 0.3 0.5 3.5 1.0 5.0 03 20.0 3.0 0.8 1.0 TR

ITR TR ,1.0

I~ !2.5

ITR 0.1

10 8

100 au 00 1.5 0.5 TR I 5 0.0

I'~ 7.5

I"

MgC03 (Index)

6 6 6 5 6 5

16

11 6 6 6 6 5 G 6 6 6

I: !4

I: .4

I~ 16 6 6 0 4 6 6 6

I;

I

- - - - - - - - - - - - -Globex Mining Enterprises Inc.

ASSAYS .. - T- --

Talc (Index) CC (Index) Fe-Carb (Index) Hem (Index) Chi (Index) Serp (Index)

2 0 0 2 2 0 2 0 0 3 TR 0 2 0 0 4 TR 0 3 0 TR I TR 0 2 0 TR 2 TR 0 I 0 0 3 TR 0

13

10

10 2 I~ ITR I

Ii II I~ 2

11'

2 ITR 2 TR

2 TR

I ~ I

3 0 I

I~ 10

4 0 TR

I:

0 2 0 0 0 2 0 0

I~ 0

2 0 TR 0

12 10 I 14 0

I: ,0 I

I: I~ TR

10 I TR

14

I~ 2 TR

I~ I~ I: Ii TR 3

.4

I~ .1 ,4

I~ I: I; 1 ; I: .4

I~ ! 2 !4 !4

I~ I~ I~ I: I; 12 14 12 II

12 10 ITR 12 '2

10

12 2

I~ ITR 12

12 I~R 4 ITR 14 TR 16 10 I~ I~ 2 ! 3 14

I~ Ii I~ ,TR

IE II

I~ II

2

I~ I~ I~ I~R Ir 2 2 ,

I 1 I I I

DDH: TM-16 Page: 4

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

-

To Len. Rec. RQD Joints

Weathering Strength DESCRIPTION From % % Nmb. Type 1 Angle

0.00 3.00 3.00 100 100 10

I

3.00 5.00 200 100 81.5 14 5.00 8.00 3.00 100 98 3

1

800 1100 300 100 95.33 11 1100 14.00 3.00 100 100 5 1400 1700 3.00 100 97 10

1

1700

1

2000 3.00

1

100 95.67 6

I I I 2000 2300 1300 100 100 6

I

I 23.00 2600

1

300 1

100 99 7 j

I 2600 2900 3.00

1

100 97 8

I

I 2900 3200 300 100 98.33 3 3200 35.00 300 100 97.33 4

1 !

3500 3800 3.00

1

100 95 9 1 1 1 3800 4100 3.00 100 98.67 3

I

4100 4400 3.00

1

100 100 2 i I 44.00 4700 3 00 100 99.33 5

I

I

4700 5000 3.00 100 9633 8 I 50.00 5300 3.00 100 96.67 9

1

5300 5600 13.00

1

100 9467 9 1 I 1 5600 5900

1

300 100 100 12

1

1

I 5900

I~;~ 3.00 100 199

1

3 1 6200 300 , 100

1

9733 5 65.00 68.00

1

300

1

100 9367 19 I 1

I I

68.00 7100 3.00 100 87 16 I

I

I 7100

1

7400

1

300

1

100 I 94.67 '6

I

I

7400 7700 3.00 100 8767 I ~4 77 00 8000 300 100 9867

I 1

1

8000

1

8300

1

300

1

100

1

9467

1 ~7 8300 8600 3.00 100 90 8600 8900 3.00 100 94.33 Ryaa Q? 00 100

I :~~ 9Q 31. I 1

19500 1300 1 9867 14 I

1 I

1

92.00 i

1

9500 19800

I ~ ~~ 100 1100 I 3 ! !

9800 110100

I :~~ 197.33 I~

I

I

I 10100 104.00 3.00 95 I

I 1

I, 104.00 1107.00 I~~~

100

I :~o I~ I I I 100.00 119.00 100 113.00 116.00 3.00

1

100 95 I 116.00 11900 3.00 100 98 ! r~GG I :22GJ IJOJ I 'vv

Illll ! ";II.VJ

I

1 u 1

I I

I I I_~

Project: Globex DDH: TM-16 Page: 5

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- - - - - - - - - - - - - - -

Azimuth Plunge Length

, 2.0· -45.0°

, 122.06 m

hole survey -~ --_.

Longitude (East) Latitude (North) Elevation

Remarks --....... ------~ ...... --~-----water noted flush With top of casing - ordered proper plug~styJe casing cap be installed -rz

Project: Globex

Globex '<"1-111',,,,,,, Inc.

Claims title' 850095 TO\,nshlp Deloro Range Lot

Cemented. No

From 11/1312008 Description date' 12/3/2008

1998 Surtace .. G.:::r~id=--_., ...... :F~.c:ie~ld~C=oo=:r-=d.::s:-=,-:.: .. ': .... '-~1

Stored. Yes

Globex Mining Entreprises Inc.

Section : L9+50E Level : Surface Workplace:

To 11114{2008

- - - -

111112009

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- - - - - - - - - - - -Globex UUl .... ,<! I(ntf~rnrisj~s

DESCRIPTION

Overburden no core recovery

10.00 2800 -tnz; BAND Magnesite-Tale Altered UM Volcani< 40"; Banded yell~w, grey, and bit greenISh-grey, rn-eg, dlrt;' lookmg, weakly to mod Fe-carb'd banded and mod dk grey spec hem streaked, wldy chloritic taicosf""C8J b ahn zone

1000 1300 GOSS

13.00 2500

25.00 28.00

Gossanous dk yellow and grey banded, Fe-oxIde stamed (ltmomtlc) bi, blocky & vuggy weathered mne; grades into

BAND Banded

grey. pale-yellow-grey, med handed. to famtly thlCkly lam'u and ilc massive carb zone, \vk chl'e lams a1 SO 10 3ade. (avg 40); grades mto

C'HLC ChlnTili<

med..Jk grey, fg, wkly foliated at 20-35dea (avg 35), minor v..1SPS dk green to black chi increasmg downhole: grades at J Sdca into

5506 -tz; POLT T.lc-Carbonate+/-Chlorite Altered UM Volcanic: Foliatied green~grey, mg, mod banded, well foliated talc-<:hl-carb schist overall b~c(lmmg more chloritic do\\,n hoTe, section sho,",,'S mod pe:rv Fe--carb gndmass thro,

28.00 4100 CHLC; SPEC Chloritic; Speckled

greemsh-grey, f-mS> well foliated, thmly laminated, mod sheared carb-chl schist ShO""1tlg mg diss specks of spe<: hem / magnetite psuedonlorphs thm giVing overall very gritty core appearance; BC on broken Fe--oxide reaction band

41.00 41.44 Ml c; CARE

41.44 44.30

44.30 49.20

4920 5404

Project; Globex

Chlorit(" Schist; Carbonitized dk green, fg. qtz-earb str'd altn band, mod broken & blocky thro, Be on broken core .

CHLC'; SPEC' Chlo,ilic; Speckled

(as 28.0 - 41.0) foliated at 45dca grades mto;

Mlc; CARE; VND-Chlurite Sthist; Carbonitized; Veined

green, grey, and mottled yellow.grey~ f-mg, well sheared & foliated and moderately contorted and undulating chl--carb schists at 45~ 75dca to <15dca; shOWIng variable curb lams & strs dcv'd gen ptslptf and xcuttmg qtz or qtz~carb SITS & vlts dev'd as knots (boudens1 ) and vlts at 70, 50, 110 and 25-15dca with \VaIls at tulles blotchy yellow .. possibly sericitic? &1 serp'c

CHLC; SPEC Chloritic; Speckled

(similar to 4144 - 443rn) wkly banded, well sheared & foliated at 35dea thw,

10 00 13 00

13.00 1600 19.00 22.00 2200 :;5.00

2800 1100 34.00 37.00 40.00

43.00 43.00

I 127394

127395 127396 127397 27398 (Dhl)

27400 27401

DDH: TM-17

- - - - - - -

Page; 2

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- - - - - - - - - - - -Globex IV" ... ", ...

DESCRIPTlOri

5506 MIc; Cblorite Schist 40"; Graded

leucocratic v. pale grey m-cg carb schist Wlfh minor green chi thds gradmg dO\\'l1hole 10 medldk green chl-carb sctust, c:g, augened, fellated at Odca and 1 (}"35dca; BC sharp & xcuttlOg - bit vague at 40dca

66.40 V7; ('ARB; STRD Mafi(" Volcanic; Cnrbonitized; Stringered rued. green. mg. massive, reXtahzed. bit blotchy thlc & caicitic MVO shoWlng i 0-20'% white qtz*cc thds & occ strs xeutting m random orientation thm. moo. blocky core; Be on broken core

122.06 V7; VND-; Al TD Mafic Vo1canic; Veined; Altered med-dk green, fg. massive to locally lQliated &- ; brecciaed MVO xcut, fractured and sealed by vanabie +- I ()fill) white qtz-cc strs, vlts & thds as pervasive stock\vork and also sboWlng vanable coarse patches or bands of exsolved granophyric spar~ 'ocaB)" s.auser\t\zed and strong cc <lito &. banding thTD. core angles flexturing 40-20<1C3 & locally at Odea, mod to. strong'y b'ocky & broken tOTe;

122 06m FOH [drillers rpl 122m]

3. Larder lake. ON

7:' 6D 73.80 PylO Pyrite 19o/G

fg diss py band halomg qtz .. cc vlts & strs and on part dev'd on late fractures

122.(}6 DDH cnd Numb .. ofsampl .. : 35 Number of samples QAQC: T"t.I •• mpled length: S2.\l4

Project: Globex

\27410 127411

127412 ,27413

66.40 j6800 176580 68.00 6950 16581 6950 !7100 i 76582 nOD 72.50 ,76583 72 50

17400

1

76584

I I

74.00 7550 '76585 75.50 '77.00 176586 7700 In 50 76587 78.50 i8000 i76588 80.00 lSI 50 i 76589 81.50

18300 76590

8300 ,8450 ,76591 83.00 :8450 176592 (BIn) 83 10 8450 76593 (Sid) 8604

186

.60 TMSG-20

98.00 101.00 ,27414 113.00 1113 92 ITMSG-2t jiG nn : 111n~ ; )7t '" 1-- ."

DDH: TM-17

- - - - - - -

15 79.000 0 123851 83000 ,23851 69000 123851 72.000 '23851

195 65000 ~ 23851

1 50 I 50

JiSO

1150

,1 50 ;140 1688 ,0.56

1300

,0_92 ,",,:! A;::

Page: 3

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- - - - - - - - - - - - - - - - - - -

From To (Index) Talc (Index. CC i lOOO 1300 273')3 0 2

In.oo 16.00 127394 0 4

1600 1900 27395 0 4 0 ,1900 27396 0 4 2 0

!2200

1

27391 0 4 2 I; 0 :2500 27399 1:2 10 4 4 0

12800 IJlOO 27400 I; 1° 14 I~ 12 10 3100 3400 127401 ,0

11

14 :1 '27402

,. I: '0

I~: )7.00 [2 I~

4

1

4000 127403 1

300

I!~ ; ,4 ,TR 4000 43.00 27404 3.00 '0 I~ I: '0 43.00 46.00 27405 :300 4.0 4 2 10 10 4600 '49.00 127407

I~: 12uo 3 j3 \0

I~ I: 14

If '49.00 52.00 27408 1°9 14

If I~R I! 5200 55.06 127409 3.06 :1.0

I~ 55.06 58.00 27410 .2 94 125 3 ,0

5&.00 61.00 21411 300 .4.0 1° '5 1 1° 4 0

6100 6400 121412 kOD 17.5 :0 ,0 3 1

I~ I~ 10 64.00 66.40 27413 !240

112

.5 0 !o 5 TR '0

1

6640 16800 : 76580 11.60 3.5 0 0 4 6 10

,68.00 69.50 17658\ \$0

1:;0

Q \) 4 6 1°

r950 171.00 .76581 IUD 0 0 I

I~ 5 1°

7100 172.50 176583 11.50 ~.5 1° 0 1 6

10

72.50 74.00 ,76584 1.50 10.0 ,0 0 3

I~ ~7400

1

75

.

50 176585 ' 1.50

1

40 10 0 I! I~ 75.50 17.00 76586

1

150 6.0 I~ 0

177.00 78.50 ,76587 1.50 2.5 () 10 ,0 78.50

18000 76588

1

150 10.0

I~ 0

I~ Ig 0 80.00 81.50 76589 \.50 0 10

181.50 InDo 176590 150 0 10 !o Ii 76Sryl ~ 1.50 10 10 I~~~; 1

8450 ITMS(} ... 20

(l II

II ,8660 056 ,

10 Iqsoo i 10100 127414 )3.00 10 \l ll300 11392 1'MSG-21 Ion

10 10 119.00 1122.06 :27415 13.06 TR I I !

,I ! I

Project: Globex DOH :TM-17 Page: 4

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- - - - - - - - - - - - - - - - - - -Inc.

OESCR[PTION

14 16 II

17 29 32 25 17 10 19 11 31 19 1& 18 9 36 30 14 17 19 20 14 13 14 28 12

88 27 9{, 12 9S 33 It 9346 12

Project: Globex DDH: TM-17 Page: 5

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- - - - - - -

. Bradley Bros. Ltd by : KV. Zalnieriunas POeo

- - - -Globex

Claims title: 850095 Tovmship : Deloro Range Lot

From : 11/14/2008 Description date. 12/412008

-

1------ Collar _.--_ .. ----- ---.............. ---- - ----.... .

Azimuth Plunge Length

357.0° : -85.0° ·152.09111

c------ Down hole survey

----- Remarks --....... -----

Longitude (East) Latitude (North) Elevation

hOle put down to test for mineral continuity & zonation to depth; casing making""} gpm Vt(lter - ordered proper plug-sty!e casing cap be installed

core

Project: Globex

5357911.0 313 0

Cemented: No

1998 Surface Grid

1049.8 -69.8

Stored: Yes

Globex Mining Entreprises Inc.

- - - - - - -

Section : L10+50E Level : Surface Workplace.

To lli15/2008

1/1112009

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- -

312

7.40

8 10

3500

38.00

4\ 00

- - - - - - - -Globex Minil1lP

DESCRIPTION

Magne.ite-T.1e AlterOO UM Volcanic: Banded pale--med grey, locally yelJow, pink or dar-'her gre} , f-.::~, lughly rcXtalized, thIckly banded, and famtiy folIated to thICkly laminated taJcose-carb altn zone, avg, ~.nding & foln at 4O-45dc.; local lams at 20de.; xcut by mmor creamy white qtz-carb stringers at 20, 45, 60 & 80dca (avg (60dca),

810

3500

3800

4\ 00

45.00

at 35dca into CRAC,BAND CracklOO; Banded

med banded yellow & grey, mg-fg, massive carb zone Vv1th dk grey ;.:cuning network of meg thds sl.lpperposed thro at 45-55, IOS-135dca; grades into

STRD Stringered

pink-grey, fg hem stain zone, gradeslnto:

RffiD Ribboned

v,,1th OGC Limimtlc bands, m-cg, thiddy tam'd, mod follated earb zone:

grades mto'

MASS Massh'c

med grey, cg, massive: grades lnto: FOLT Foli.tiOO

(similar to 8.1 - 35.0m) bjl qe veined: grades into

MASS Massive

med~pale grey, eg. tnassive j4 j0 ~IIlZ; V ND-

Magnesitt-Talc Altered UM Volcanic 35()~ Veined mottled med grey and orangy~pink, f-mg, massive carb zone sho\\'ing mmor black chl/spec,hem thds at 40-45dca and 0-175dca, veined by buH y,:hte and creamy margmed carb~qtz veins/vlts :::--6cm 1'\/ oriented gen as tens.ion flats at 12G-13Sdca and hnker vems oriented 30-450ca subptf;

grades into' 81 50 -mz, ('RAe

Magnesite-Tale AlterOO UM Volcanic; Crackled dIrty med ,grey to greenish-grey with occ pink patches, maSSIve to faintly foliated at 45dca; mod

Project: Globex

- - - - - - - - -

500 98

8.00 11100 800 1!l00 03

11.00 11400 %

14.00 1

17.00 94 1700

1

2000 2S7 20.00 2300 2.98 2300 26.00 293 26t1Q

1

2900 2,96 2900 3200 299 3200 3500 297 35.00 3800 2.98

! 3800 14\ 00

299

41.00 4400 ·Hon

DDH: TM-18 Page : 2

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- - - - - - - - - -Globex

hem, thdd thro at random orintations; overall weak perv, Fe.-carb gndmass dev'd thro,; , section shows wk devd carb strs and 'lilts <l~ tare ";'lOcm Width of pale cream), cg carbonate (magn~slte!d{}lom\te) with later 'I

exsolved styolitic qtz dev'd as <lcm Jadders normal to vlt walls~ walis oec hem. pinkfrhodacroshe stained! handed and shows OCt; wall rock mdus-lon, carb veining at 20-35dta, rarely as 135dca flat str5.;

section gr~ies into" 8900 -mz; CRAC: Th'D·

Magnesite-Tate Altered liM Voieanic; CraddE'd; Veined mottled med greenish-grey, grey and dark purplish-grey, banded. sttingered &. crackled veri-teh'"tured carb aim zone mcreasmgly showig catb strs & len!;es dev'd downhole with minor exsolvcd qtz; overall veining xcuts foln of35da at 20-30da and [Qcatly !lOdea, trace mmor splashes dull green serp ass'.j with tv'S;

grades into' [ 13 00 -m", CRAe

Magnesite--Tah:: Altered liM Volcanic 35°; Cnu:kJed dirty med grey to stightly greentsh-grey. rng massive to faintly banded, foliated (thickty laminated takosc carb al1n lone oriented at 30-40dca.., showing minor xcutting irreg network of undulating dk grey healed jtJfracture- selvages of diss spec,hem;' cM gen, onented 2-40dca; Ot 160d~

ovcraJi specJlem decreasing dov..nhole wlth wk per\'. fe-carb gndmass tllm except in diffuse bands of carb i qtz-carb veing! stringertng~

Minor exsolved creamy \:arn (magnesite") knots & vlts dev'd sub-ptf. shows mmor Fe-carb on fractures! parting planes & occ «so[ved [ams; stye[ite. of qtz.

grades at 30-15dea into J 13 00 15209 -mz; FOLT, BAND

DDHend

MBgnesit .. Tak Altered UM Vol<l\ni< 32.5°; FoH.ti«l; Sanded med-pale grey, f-mg, thickly laminated, mod to faintly foliated tak-carb altn zone ,Ie Wlth mmor bands of pmkisn-grey I greenish g.rey carb ahn; avg foln 30-3:Sdca, minor diss spec hem thds ptf at 30aca & more rarely xcutting at J 2Odea., mlnor carb or qtl~carb strs dev'd ptf at 30dca " x'Cu1ting more rare~y at \ 50d\':3 35 flats with H315 esp showing serp ! talc altn as weB;

152.0901 EOH [Dn!lers rpt [52ml

logged by RV Zalnieriuna, P Oeo Dec. 4, 2008, Larder lake, ON

Number of sample.: 51 Number of samples QAQC; Total .. mp!ed length: 148.88

Project: Globex

- - - - - - - - -

i

127448

I~: 127449

127450 3.00 2745[ : 300

i27452 1300

127453 3.00 127454

1300

j27455 1300

iz7456 i 1300

i27457

1

300 : 27458 (Db[) 1.00 i 27459 {BIn) :2.90

11620 119,00 '27460 (Sid) 119.00 122.00

1

27461 12200 12500 17462 125.00 128.00 :27463 128.00 131.00 27464 131.00 13400 127465 [34,00 13700 ,27466 137.00 140.00 127467 140.00 14300 127468 143.00 14600 (27469 146.00 14900 27470 149.00 152,00 127471 14900 ,27472 (Dbl)

DDH: TM-t8 Page: 3

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- - - - - - - - - - - - - - - - - - -

:6 '6

1

45 16

,~ I~ ()

iU I;; ()

,0.8 '6 ,0 10 I

I~ 10

! 12.0 :0 16.0 '6 1° :7.0 16 10 100 16 10 '00 16 0

'6

I~ 16 2 '5

I~ 16 4

'6

I~ I; 2 ,0

l~ m ,0 I 1° '6 I~ " I~ 2 10

I~ 2 io ,~ , . 2

I~ 12

12 2

'2 2 2 ,2

12 1 :2 !2

I; I: 11 I~R I~ II

I; I I II 1° TR 12 ,I 1° I· 1m 12 'TR l~ ,0 I~ 2 2 I~ ,-

I~ !o :2 'TR ITR 12 1m

,0 '0 1m '0 12 '2

11 ib 11

10 12 12

1° ,I ,I 1° :0 ITR :1 ;1 ,m

1l6{llJ

I~ 10 II '\ '}

119.00 12 Ii I~ 12 12 12

I; '1 !2 ,I

,3

I~ 12 ,2

Project: Globex DDH: TM-18 Page: 4

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-------------------

Project: Globex DDH: TM·18 Page: 5

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- - - - - - - - - - - - - - - - - - -Globex Inc.

Joints Weathering Strength DESCRIPTION

Nmb. Type Angle

5 5

3.00 97 67 11 8.00 3.00 9533 11 1100 3.00 97 15 1400 3.00 96 20 1700 300 100

196 112

2000 3.00 100 9867 12 23.00 3.00 100 9733 '11 2600 3.00 100 100 7 2900 300 100 100 9 3200 3.00 100 9733 17 35.00 3.00 100 9633 10 3800 300 100 93 1J 4100 3.00 100 9733 15 4400 300 100 9867 9 47.00 300 100 100 7 5000 3.00 100 100 7 5300 3.00 100 97 14 56.00 :300 100 100 8

I~~~ 100 98 9 100 100 7

300 100 100 9 3.00 100 100 9

,3.00 100 9867 10 7700 1300 100 100 7 8000 13.00 100 95 8 8300

1

300 100 9667 6 8600 300 100 9833 7 8900 300 100 100 6 '.l200

1

300 100 9S 67 8 95.00

li~~ 100 99.33 10

9800 100 100 II 10100 3.00 100 100 6 10400 3.00 100 100 4

104 (JQ 10700

1

300 100 96.67 lJ 107.00 110 00 lOa 100 97.33 13 11000 113 00 3.00 100 9733 12 111 00 11600 ,100 100 903 12

11

11600 ; 119.00

1

300 100 98 7 119.00 i12200 3.00 100 98.67 II 12200

1

12500 '3.00 100 97.67 II 1125.00 12800 1300 100 96.67 10

128.00 13100 3.00 100 90 12 13100 134.00 3.00 100 100 12 13400 13700 3.00 JOO 88.33 28 137.00 140.00 3.00 100 100 6 140.00 14300 3.00

1100 9567 13

143.00 14600 3.00 JOO 9833 II 1%.00 14900 3.00 I JOO 100 9

Project: Globex DDH: TM-18 Page: 6

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-------------------Globex ~:!~""'e Emt::1 piises Inc.

From Len. R~D Joints We

I

% Nmb. Type Angle DESCRIPTION

149 ! 152 09 309 100 9385 to

I II II ! I:

\1

II i:

II I!

i I Project: Globex DDH: TM-18 Page: 7

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- - - - - - - - - - - - - - - - - - -Globex Minino Enu;1 "'II"~S Inc.

~ ''-'~

Claims title: 850095 Section . LlO+50E DDH: TM-19 TO\yllship Delmo Level . Surface

Range Work place' Lot

Drilled by Bradley Bros. Ltd. From 11116/2008 To 1111712008 II Described by . RV. Zalnieriunas P Geo. Description date 1214/2008 -----~. Collar

Field Coords: Line(E) NADg3 1998 Surface Grid StarN) Azimuth .176.0° Longitude (East)

Plunge . ·45.0° Latitude (North) q'iROr;'l () Length .12182 m Elevation i 313.0 313.0 00

Down hole survey Type Depth Azimuth Plunge Invalid

Retlex EZ-Shot 18.60m 1814' -438' No Reflex EZ·Shot 63.60 m 183.5' -43.6' No Reflex EZ·Shot 11760m 1829° -44 0:) No

I

I •

I

~- Remarks Dnll site located at west edge of main access traiL casing initially making -8 gprn water ~ later slowed down to half of that (ie ~4gpm water), ~ ordered proper plug-style casing cap WITH VALVE be Installed once drilling operations cease (use<! as water supply source later) - rz ,

I :,~-~~-~~~----........... .-----------................ ~~.~---------............ ~------------------------------.................................................. -------1

Core size NQ core Cemented' No Stored: Yes

Project: Globex Globex Mining Entreprises Inc. ll11i2009

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION ASSAYS

6.57 -OB

Number Length S.G (-) Au (pph) Auchk(ppb) Au]A(git) iNi(ppm) iNlchk(ppm) Cerl.No (-) I~~-~~~~~~~~- -~~~~------------------~--------+---~.-----~-------+~~-r~.

Overburden no core recovery" casing pushed mto bedrock to 7 Om

2172 V7; BAND, CARB 100 442 Mafic Volcanic~ Banded: Carbonitized 300 203 med green, fg. massive med bedded basaltic 00\\11, tic with mafic tuffs & breccias variably bleached & carb'd! gossaonously I hemahzed; I minor white .trs & vlts of bull whIte qtz dev'd ptf/plh or xcutting at 4()"70dca, avg beddmg - 70dca

below - t) Om w becoming increasingly sheared caroonJtlzed, schistose & foliated at 6Q..8Odca, i grades at SOden pts into: I

21 72 2885 Ml, TLCS I 2200 301 Schist il,SO, T aleose I orange-grey & white, f~mg, thj~ly laminated carb»chl»taIc schist oriented at 60-80dca, oce ,green talc-chJ bands dev'd pts, I mod. spotted Fe~oxlde (limonittc) staining & banding per\' thro; ! 27.2 - 27.5 poker chip, broken friable fault seam .. 90dca

I grades at -90dca into:

I 1885 3414 V 13; CARB; SHRD 3200

llltramafic Volcanic 85°: Carbonitized; Sheared med grey, fg, well foliated at 9O-80dea, bl! bleached, strongly Fe-carb'd slid liMY,

I section mod chl'e at 32 0<14 014 and shows some narrow bands of <Scm flow top breccias.; B(' 70dca on sharp chic reaction om

4448 -earb; BAND, BLCH, TLCS

I

3414 2.80 Carbonate Zone (undefined) 80", Banded; Bleached; Talcos. 37.00 3.00 pale grey, med banded &. i/c mixed strongly & carb'd & bleached UMV ifc with lunollltlc! 4000 27478 3.00 Fe~ox!de and med grey, m~cg gritty massive magnesite carb~talc zones sho-v.ing weaklY

1 43 00 27479

1148

ribboned, spec hem str, & thds dev'd at lO-90d.a,

I 1 mmor strs of serp~talc;

grades at-88d.ca on flamed eontact lnto: 1252 49.00 V; CARB;BLCH 4448 27480 285

Volcanic; Carbonhized; Bleacbed

1 I, no

mottled pale to med grey "fS ble.thed & carb'd UM" volcanIC - bit talcose, mod brecciated, sheared &. variable qlz-carb knotted &, veined, sectIOn overprinted by mod. bands of Fe-oxide staintng.

4500 45 Py05

I

.ti 00 77.1$.:1 )- RR

Pyrite 05%

1300 m-fg dissemmated pyrite cubes and grains

6515 V, GOSS; BAND; \'NI). 5000 27482 293 Volcanic 800; Gossanfius; &ndtd; V("in("d ,100 27483 hoo 281 green-grey, orange. white & brownish-grey, fg; thickly laminated, moderately sheared. locally thickly lammated at SO-oOd,.; 56.00 27484

1300 2.95

vanabJy chlOrine, bleached &. carb'ed \\ith overprint afmod to strong Fe-oxidesllimonite bands and heavily veined by coarse 5900 27485 I;~ 235 bull white breccia qtz vein and outboard stringers, locally - esp towards base host umt can be observed to be an U~1V; 6200 27486 293

6400 27487

1

175 298 8250 6575 27488 225 3 17

72.80 TMSG-23 1.00 2.76 mafic Intrusive. mod-wkty magnetic thro, so 00 27489 300 305

Project: Globex DDH: TM-19 Page: 2

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- - - - - - - - - - -Globex " ...... .,1< "'ni~"""n"I"'>"

Be on broken & partly ground core - possIbly at 70dca" 98 10 -sz; MASS; HRNC; REAC

Serpentine--Cnrbonate-Talc Altered UM Vokan!c; MMsive; Hornfelsic. Reacted mottled dk grey. aphanitic. mas:sive ''''lth vague rug carb spotting thro. minor carb thds.occ white carb I qtz sts/vlts, oce irreg green serp strs; moo. talcose thro & mod-strong perv -carb gndmass~ Be on aJcose broken COre reaction nnd -<iOdca?

99 80 I3D; CHIL Diabase; Chilled black. fg, massive, mod. magnetic. chilled diabase; Block), & broken thrQ Be on minor ground & lost tore section

102.56 ~sz

Sti-pentine-Carbonatf'-Talc Altered U!\-l Vulcanic green, grey & orange. mod thick banded talcose ~serp schiSts & i/c grey earb schists Vl<1th oce lim. overprints. banding & foln al 75dca; Be on ground & lost core

102.56 10606 V7, CARB Mafic Volcanic; Carbonitized tned green, fg. reXtalized & Fe-carb'd vole; maSSIve grades into

10606 121 82 -mz; FOLT

DOH end

Magnesite-Talc Altered FM Vokanic 700; Foliatifil med grey & occ med~ greenish~grey I pmk-grey, bit banded, thickly lam'd ta1c-carb alt'n zone foliated at 70~ 75dc8, shov.'S minor diss spec hem thds dev'd ptf, and rare xcuttiog ,">nite qtz !itt'S & thds at 45,80 and 9O-100dca;

121.82m EOH [dnllers rp1122m]

logged R V Zalnienunas P Geo Dec 4, Larder Lake, 0:-;

~umber of samples : 31 Number of .amples QAQC: 3 Total .ampled length; 76,42

Project: Globex

11920

DDH: TM·19

- - - - - - - -

Page: 3

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- - - - - - - - - - - - - - - - - - -

To Number Qtz(%) MgC03 (Ind •• )

TMSG-22 27473 50 27474 150 27475 is 27476 0.9 27477 15 I; 127478

I 2747Q

I~ 1

27480 27481

127482 1 in433 ·0 12748,1 0 27485 0 27486 27487 14 27488

10 TMSO-23 10 27489 27490 10 27491 2 4 16 27492 4

I~ 27493 0 0 117-494 4 I! 3 127495 0 0 ! 27496 14 0

11000 27497 4 ;2 ()

113 00 27498 2 2 0 11600 127499 I~R 0 11900 27500 121 82 i8001 !TR

! !

Project: Globex DDH: TM-19 Page: 4

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- - - - - - - - - - - - - - - - - - -

Globex Inc.

Len. ' Rec. RQDi Joints

Weathtring Strength DESCRIPTION % °/. Nmb.! Type Angle

0.43 100 76.74 5 100 100 62 17 3.00 100 60 50 300 100 7033 30 300 100 7667 26

Ion 8267 I R 100 86 23 IUO 60 40 100 7167 50 100 6333 29 100 74 30 100 7667 26 100 % 24 100 8867 16 100 78 33 100 75.67 30 100 80 30 100 8567 26 100 88 24 100 87 22 100 93 21 100 8333 26 100 95 13 100 8833 27 100 8833 27 100 96 16 100 9333 21 100 8933 26 100 8831 25 100 76.67 30 100 50 30 100 92.67 10 100 5333 40 100 63.33 30 100 8167 24 100 9433 23 100 94.67 15 100 9733 15

l1.Q,OO 11900 lOG !V\J :'2 119.00 12182 100 10284 15

Project: Globex DDH: TM-19 Page: 5

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- - - - -

TM-20

Drilled by : Bradley Bros. Ltd Described by . R V. Zalnienunas P.Geo,

Collar

AZImuth Plunge Length

180.0° . ·45,0· . 140.00111

- -

Longitude (East) Latitude (North) ElevatIOn

- - - - -Globex .... '"nr •• ' .. ., Inc.

Claims title: 850090 Township : Deloro Range Lot

NAD83

From : 1111812008 Description date, 12/5/2008

1998 Surface Grid

1050,5 141.2 313.0

- - -

Section : L 1O+50E Level : Surface Work place:

To. 11119/2008

I~······~~-- Down hole survey - .--.~~ .......... ~~~~~~-....... -'==~~~~~~~=.~~== .... = ... ==:;'.~=='=~~=:~PI~.n=,.~e~~~~~~~~I"...=V="I".::;"d"':=" =:;--~~~- .... . Tyfl" Depth Azimuth _b

~~~:~ ~f~~~:l1~~: : ~~;: I ~;~: I ~~s

Project: Globex

Reflex dip only I 81.6 1m: -12 6" INN' '°0 Reflex EZ-Shot 135 60 In 181 -42 10

Cemented No Stored: Yes

Globex Mining Entreprises Inc,

I

I u

- - - -

111112009

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- - - - - - - - - -Globex

DESCRIPTION

1588 -OB Overburden no core recovery~ casing pushed into bedrock to 15 97m

21 20 V7~ CARB; STRD Mafic Volcanic; Carbonitited; Stringered med green-grey and orange-grey lim_ stain banded, fg, massive MVO, fractured & sealed by ~ 10-15~'o Irregular white bull qtz strigers thro; mod~strong Fe--carb pen gndmass, moderately biocky & broken core, minor talcose shps dev'd on parting planes; becoming increasingly sheared at 85dca do~nhote; grades at 85dca pts into

2580 -fit, RCS Fault 80": Talcose rued olive green thm!y lamid, well sheared talcosc rr.ud gouge & "poker-<::hlp" mafic roe-k slivers onented at 70·85dca \vith rare qtz strs dev'd pts: mod-strong perv Fe--carb gndmass; VERY BLOCKY & BROKEN, but good core recovery,

sectIon grades at 80dca pts mto: 41 10 Mlc; TLCS

Chlorite Schist 77¢; Takose med green,. m-cg, thinly laminated, well sheared chl-carb schist shOWing strong perv. Fe-carb gndmass and occ minor bands of il c talcose fault gouge; NSM; Be at 85dca pts on minor aphanitiC chi reaction nm;

34.69 3.t 7S Milt Fault 85'

talcose gougy mud seam N.73 3988 -flt

Fault 85° dark brown. Fe-oxide stained fault gouge

10 5050 V13, V7:, INTC

4110

45.04

Ultramafic Volcanic; Mafic Volcanic; Intercalated pale-med grey, highly bleached & carb'd wkly taleose UMV's gen showing well dev'd white qtz-carb strs, Vnlts &- vems as stQck",vorl::, med-thin bedded, \/e \N1th med beds of green, fg, earb'd ,,11k basaltic flows breccia tops and oce mafic tuffs! hyalotuff<; overall banding, bedding & foll.tion at 70 de. (65-80dca); oce, scours show conflicting rapid reversals, indicating section i$ probably vel)' tightly isoclinal folded;; >!fades into·

4504 V13; VND-

4798 V7

pale grey, wkly banded, 25-35% qtl vejnlng in upper half of section. foliated 75dca~strong perv Fe-carb aitn, b1eached - tooks like magnesite zone in part; grades into

Mafic Volcanic dk green, fg, maSSive, vvkly shd , very strong fe-carb gndmass: Be sharp at 70dc.

4840 V\3 Ultramafic: Volcanic

pale-me<! grey, m-cg, carb'd & .It'd uMV; BC vague. !:,'Tades into

Project: Globex

- - - - - - - - -

2600 i 29 00

3100 13300 100 15

I

I

I

100 55

DOH: TM-20 Page: 2

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- - - - - -

DESCRIPTION

4970 5050 Ultramafic Volcanic

pale grey, fg. masSive flow, grades mto 5960 V7; CARB

:Mafic Volcallic; Carooniliztd med green, fg, massive, wkly foliated at 75-80dca, rare xcuttmg & occ folded whlte bull qtz strs, grades at 72dca into

7:; 12 Mlc; GRAD Chl.rit. Schist 72°; Graded (similar to 25.8 - 41 I)

-

med green,. wkl) takose on partmg planes, l11od. sheared & foliated at 70~90dca~ grades from cg chl..(;arb schist to 'l,fg chi schist dO~l1 hQJe~ grades at 75dca into

85 55 -earb; GRAD Carbonate Zone (undefined) 72·; Graded

- - -Globex

pale grey to brO\\l1ish-grey, massive vcg carb zone and mmor chliled bands If mjected aphanitlc diabase, grading dov.-nhole to l1ledJpale grey <:arb'd l!1vfV; Be on flamed & bx'd band at 72dca

77 78 10 [3D; CHIL Diabase 65°; ('hiIJed

black, aphamttc to vfg lntruslve, top contact mod bleached & reacted: BC sharp & rotated

7'1 10 79 25 I3D; CHIL Diabase 66'; Chilled

black, vfg, maSSIve, contacts reacted & sho\\'S lams of serpentme j 1 ~2nun. BC-66 -

91 29 V7. c.J\RB Mafic Volcanic 70"; Carbonitized med green. fg, gndmass; mod sheared & foHated at 72-605dca; Be 7Sdca on 1 {'Ill

9903 V 13; SHRD

106 00

Project: Globex

fe-<arb'd t;~IV, thmly banded! bedded, thickly lam'd & foliated at 75dca; ~,;,:h!,::t '.'.~th ~~;;.(:, ~~;b ::t::.: & tbe:: j,

- -Inc.

~umber

DDH: TM-20

-

!Length

1080 [300 ,222

I

1 178

1200

i 150 !200

1

m 1

3.00 195

,179

:271 2.00

- - - - - -

ASSAYS

Au (ppb) 'Au chk (ppb) : Au] A (git) NI (ppm) ~i chk (ppm) (-)

Page: 3

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- - - - - - - - - - - - - - - - - - -Globex Mining Emerprises Inc.

~~

I DESCRIPTION

ASSAYS

From To iNumber Length ISG (-) i Au (ppb) ! Au chk (ppb) Au Ni chk (ppm) Cert No~ (-)

Be sharp at 70dca on reactton roll front 111.86 [8027

I

11046 11441 -earb: HR."iC: BAND 110.46 140 2 89 Carbonate Zone (undefined); Hornfelsic; Banded 111 86 ,114.41 i8028 2,55 288 dark and med grey, blotchy & mod banded hybridIzed & diffuse black chi altd' carbonate contact zone; banding 65 & 9Odca: Be on broken core

114.41 14000 13D, !\1ASS 11441 11700 2,59 DlKbase; .!\lassn-'e 137,88 138.24 a 13 12 dark charcoal grey, fg. mod magnetic diabase mtrusive, top contact mod chilled aphamtic.

140 am EOH [Dnllers Rpt 140m]

fogged by R. V lalnlenunas P Geo. Dec 5,20GS Larder Lake, ON

140,00 DDHend Number of samples : 28 Number of samples QAQC: I Total •• mpled length: 56.16

• , I

ProJeet : Globex DDH: TM-20 Page: 4

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- - - - - - - - - - - - - - - - - - -

0 0

° 0

1° TR

1° TR

I~ 0 TR

'0 TR 0 6 0 6 0 0 6 0 2 4 0 4 4 0 4 0 I 0 14 ° I~ 10850 15 0

11046 4,0 0 llO,4() 11 J 86 50 0 \1 II 186 11441 25 I 114,41 11700 TR 137 SS 13824

Project: Globex DDH :TM-20 Page: 5

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- - - - - - - - - - - - - - - - - - -Globex Inc.

From To Len. Rec. RQD Joints

Weathering % % Nmb. Type Angle

1600 0.10 100 100 1700 100 100 93

100 44.33 35 100 21 100 100 18 100 100 67 25 100 60 }O

100 71 30 100 5367 28 100 2667 100 100 5467 30 100 7367 27 100 %67 16 100 9267 24 100 % 14 100 91.67 27 100 % 21 100 9467 17 100 99 15 100 8867 23 100 8833 28 100 8833 21 100 9667 20 100 94 21 100 100 14 100 95 20 100 9167 22 100 95.67 19 ]00 95 23 ]00 89 26 ]00 92 19 ]00 66.67 44 ]00 9867 'I ]00 6333 40 100 47 50 100 7667 25 100 85 28 100 9567 II HIt') 4..1 h7

100 9667 16 100 100 100 93.33 16

Project: Globex DOH :TM-20 6

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- - - - - -

,-DDH: TM-21

Drilled by Bradley Bros Ltd. Described by . KV. Zalnieriunas PGeo.

- - - - -Globex

Claims title. 850090 Township . Deloro Range Lot

From 1111912008 DescriptIon date: 12! 10/2008

Collar -"~--------------"""""----------""""---'---

- - - -Inc.

Section : LIO+50E Level Surface Work place'

To 11120/2008

Azimuth Plunge Length

ISO.O· r_~ .. ~ ________ ~~~~c=~ ... ~~ __ ,-~F~ie=cldc.c.c.~~ ... ~.,~~-Sta(N)

. -450· 199.81 m

Do'\,\'11 hole survey

Longitude (East) Latitude (North) Elevation

Type

Reflex EZ-Shot Reflex EZ-Shot Reflex EZ-Shot Reflex EZ-Shot Reflex dip only

IJ~~t_h ____ .

15.6Om 66.60m 117.60 m 16860 m 19560m

1049.5

Azimuth

180 ]0 -47.6' ]8140 -469u

182.9" -45.0" 184.4° -43

-43 SU

Invalid

No No No No ~o

- - - -

RemMks - .. ~------------ ......... ------~ .. ----.------------- .. ~-.... -----.------.. --------.-----.............. ---~~------- ..... . s1te ,,3m west of main access trail, castng capped;

All core mo\·ed to Larder Lake for loggmg and sampling Planned long term storage of core and sample rejects/pulps \\1H be Globex off-site co1d storage facility 111 Rouyn~Noranda, QC - rz

Cemented, No Stored' Yes

Project: Globex Globex Mining Entreprises Inc. lilll2009

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- - - - - - - - - -

1112

II 14

12.59

63

1185

1320

1451

1990

Globex

DESCRIPTION

733 -OB

1112

II 14

1259

1263

1285

13 :;0

1451

199{)

21 17

Overburden nQ core recovery -sz Serpentine-Carbonate-Talc Altered UM VolcAnic med grey & orange, cg, massIve earb attn wne sn(i.\VS mud mg spec hem spotting thro as magnetite psuedomOfPhs, moo. Fe-oxide / limonite banding, n1{.xt per\' Fe..-carb gndmass; mod. bl,ockly & broken BC sharp at 25dca -fit Fauh 25° med green ta.!cQSc gouge Mlc; CARB, TLCS Chlorite Sthist; Carbanj,tized. Talc6se grey & orange, cg lim spotted carb-serp? alln (as above) grading downhole into bleached banded & mottled streal:v grey & dk grey black cht~ta1c schist. cg & rnassive<. Be 52dca sharp -111 Fault med~pale green ta!co~ gouge &. fClck powder section all broken & friable; Be -SOdc.? -qv Quartz Vein 500 white, bult qv, ribbobned parallel to contact:; (pte) grades ptf into: -sz Serpentine-Carbonate-Tal<: Altue-d liM Volcani< mottled grey & orange, cg. massive carb alto zone, gradt,';'S into' Mltc:BAND ral~-Chl.ril. Schist 50'; S.lId.d black & fg, wkly carb 'ltd laleose - black chi shlS! banded & schIstose at 45 - 70dc3, grades -sz; FL TD; BLKY Serpentine-Carbi)nate-Tak Al(~r~d UM Volcank 55°; Fauhed; Blocky orange~grey and greenish-grey, m-cg, strongly reXtalized spec. hem spotted, limonite banded to spotted zone iic with minor sections & seams of gri\t01 fault gouge & takose mud seams thro at 90 ~ 75dta:

Blocky & broken soft & rubbly; ,,~~u..: 011Hl from

TakSoni't mea greenish-grey; aphanitic-vfg, massive talc attn zone - possibly an ultramafiC sediment? ! tuff; Be -90dca \)f\ broken crne

2260 -52

Serpentine-Carb()nate-T1llc Altered tiM Volcanic (similar to 12.85 - 13,20rn) minor 6cm band ofu.1c schlst I takose UMV {as above} located at 2:2 Om, foHo,\ved by a Scm bull qv; secrion grades into

2405 Mit

Project: Globex

-

733 9.00

12.59 14,51

14.51 17.00

-

I 1

8034

I

I I

I 18035 18036

DDH: TM-21

- - - - - - -

192

Page : 2

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc .

DESCRIPTION F;:;;;;;- To Number Length S.G.(-)

ASSAYS

Au (ppb) Auchk (ppb) Au]A(git) NI (ppm) Ni chk(ppm) CertNo.(-) ._M. ___

I Talc Schist (as 1990-cI17m) vfg, massive altered CMV grades at 90dca into

2S 7S Mlic 2600 29' 8039 2.' Talc~Chlorite Schist dk green-grey & white, mod qtz-carc str'd & carb thdd, black-chi thickly laminated, mod contorted TeS, I schty at 60dca; 1

'2875 grades at 60dca pts mto:

1

8040 13 00 1314 3200 -sz; FLTD, BLKY 2900 3200 Serpentine-Carbonate-Talc Alterf"d UM Voic.a(lie 60°; Faulted; Blocky (similar to 14 51 • 19.90m) limonitic I Fe-{lxlde stained; lie 2 to 6cm gritty fault gouge I fault talcose mud seams thro;

I I sectIOns very soft & broken thro,

I faults may in part be xcuttwg; I I grades into:

132 ' 4700 -sz; RIBD 32.00 35.00 ,8041

1

300

1

295 Serpentine--Carbonate-Talc Alten"d UM Yolcal1ic; Ribhoned 35.00 38 {JO 18042 300 298 mottled white, yellow-orange, and grey, m-cg, well foliated to thickly larninated, mod-wkl,y schistose to well foliated at 38.00 4100 : 8043

1

300 80-60dca with ile mod mass;\e bands ptf ofcarb-chl-talc +I-serp schist I alted carb UM 38.00 4100 18044 (Dbl)

I~ ~~ ,2.96

4100 44.00 :8045 1293

14700

44.00 47.00 18046 300

1

297 5600 -sz,Mllc 47.00 5000

18047 300 291

Serpentine-Carbonate--Tak Altt'rt'd LIM Volcnnk; Tai<:'--Chlorite Schist 50.00 53.00

1

8018

1

300 1297 orangy-grey, m--cg, well foliated to sheared, thlck1y lam'd carh altn zone foliated at 35-45dc:a and intercalated j interbanded 5300 56.00 8049 300

1

291 ,'.1th minor 3 to I :!cm slivers! bands of dark greenish~greyb rrs oriented subptf at 35dca, contacts at times vague & flamed

I If slightly xcuttmg,

18050 13 00 \ 295

grades at 35dca into 62.02 -sz; FLTD 5600 5900

Serpentine-Carbonate-Tal<' AJterro lM Voleani<' 35°; Faulted 5900 62.00 18051 h no 1

289 paie orange-grey, fg-mg. well foliated and banded at 45-60dca. ,Ie \\1th DCC +4cm gritty fault seams at 57 17, 5744, 6200 6500 18052 I.i(j(j 287 5807-5830 and 6O.30m, ! I 1 F e-oxlde J limomte stained wkly thro, 600 - 60.2. mmor green talc-chi schist band at ·47dca i

61.91- 62 02: green TeL band (as above) at Sldca, , I I grades into:

62' 6500 -sz; !\·11ie55

I I Serpentine-Carbonate-Talc Altered liM Volcanic 55°; Talc-Cblorite Schi.t 1 (as 470 - 56 Om) gen well foliated ibanded at 65dca

talc chi schist (reS) bands als follows

6266 -63 0: broad diffuse chi altn overprint pis

63 30 - 63 34 TCS str at 54dca sub-pts

63 77 - 64 0: vague diffuse I Project: Globex DDH:TM-21 Page: 3

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION ASSAYS

From To Number Length S.G. (-) Au (ppb) Au chk (ppb) Au FA (glt) Ni(ppm) Ni chk(ppm) CertNo. (-)

section grades at 65dca pts into I I 6500 72 83 -5Z; RIBD 65.00

1

6800

1

8053 3.00 2.90 Serpentine-Carbonate-Talc Altered UM Volcanic 65°; Ribboned 68.00 7050 8054 250 295 (simi\ar to 32.0 - 47 Om) 7050 72 83 8055 233 298 shows well dev'd mg dlss spec hem grams as psuedomorphs after magnetite thro,

I I I well froiiaku at 60dca thro, I I Be on broken core I

1

8056 I I

I In 83 71 87 -flt 72 83

1

7600 13 \ 7

1

289 Fault pale green talcose mud seam

72 87 81.00 -5Z; Mhc; BAND 76.00 ,7900 18057 1

300 \ 190 Serpentine-Carbonate-Talc Altered UM Volcanic; Talc-Chlorite Schist; Banded 7900 8200 8058 ,300 ,295 transitIOn zone I

1

serp-carb zone (as above) Increasingly banded & lie v.ith dk greenish-grey TCS;

\220

schty at 565dca but highly contorted & irereg grades at 5Sdca into

8100 8420 Mlic;CARB 82.00 8420

1

8059 1287

Talc-Chlorite Schist; Carbonitized

I I med grey, f&mg contorted mod sheared mod carb threaded & strmgered TCS with bleached bands of vague stronger earb

1

, alt'n overprinting subpts thro,

1

foln's 35-45dca steepening to 65dca dOVvnhole,

1 I I

Be at 145dca as xcuttmg altn front to local schty of 56dca I I

1

1

8420 9400 -tz 84.20

1

8600 \8060 \180 \297 Talc-Carbonate+/-Chlorite Altered UM Volcanic 8600 8800 8061 200 301 med grey, m-fg, wkly banded, bit contorted and locally massive lookmg, fahated at 6Sdca, mod carb str'd ptf and xcurtmg 8800 19\ 00

1

8062 I; ~~ ,296

I

With splashes of serp. noted at cstr wa1ls; 9100 9400 8063 \295 mod f&mg dlss spec hem after magnetite thro;

wk-mod perv Fe-carb gndrnass; \ I

r grades into , , , ,

9650 -rnz 94.00 ,9650

1

8064

1

250

1

296 '1agnesite-Talc Altered UM Volcanic

I

med grey, mod banded fg massive carb zone & foliated carb (as above); no sig Fe-carb gndmass noted; 1

11

9650 grades mto.

1

8065 \0100 -tz 96.50

1

9900

1

250

1

295 Talc-Carbonate+/-Chlorite Altered UM Volcanic 70° 9900 ,10100

I:: 200 295

(as S4 20 -94 oOm) i I

1110\ 00

only minor estrs dev'd ptf; folnlschty at 70dea thro; I grades into:

I 1 296 12500 -mz; FOLT; FLTD 10100 1104 00 1300

Magnesite-Talc Altered UM Volcanic; Foliatied; Faulted 10400 107 00

1

8068 3.00 1 296

I

pale grey, mg, massive to mod. foliated, strongly reXtalized UM, shows vanable f-mg spec.hem dlss spotting thro, wk perv 10700 II \0 00 8069 3.00 299 Fe-carb gndmass, no magnetic response and numerous seams lor bands ofv pale grey talcose fault muds I gouge dev'd 11000 II \3 00

8070 300 296 throughout section as follows 1!300 \\600 8071 300 290

I

11600 11900 8072 3.00 296 10166 - 101 71. fault gouge at 68dca pts 1\900 12200 8073 300 297 10171 - 101 9' broken & blocky core, mod fault thds on parting planes 122 00 112500 8074 3.00 296

Project: Globex DDH: TM-21 Page: 4

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- - - - - - - - - - - -Globex Mining Enterprises Inc.

DESCRIPTION

IOS.36 - lOS.S I fault mud seam -SOdca

10970 - 109 73. xcutting, wldy limonitic rault seam, gritty at 130dea rotated ~30deg clock"ise to foln plane of 64dca

117 14 - 117.80: 15% gritty talcose mud seams +5cm thick, tiC With waH rock fragments &; bands at -SOdea

120.00 - 1';:1 (;.0 ditto ~ltong + IOem grJrty talcose mud seams & ilthlC tragment bands at 8(}"'70lka & locally 60dca;

122.70 - 123 80. mod blocky, faulted &; fault gouged seam zone at bOdea

section grades at 75dca into"; 125.00 13735 -mz, BAND

Magnesite-Talc Altered lJM Volcanic '75°; Banded med grey. m-cg. spec herm spotted & speckled, wkly banded & foliated/sheared al 7Sde. carb altn zone Be on broken core

13735 13765 -flt Fault pale grey, \fg, talcose mud seam BC at SMc.

65 14120 -mz Magnesite-Talc Altered liM Volcanic (s.mtlarlo 1250-13735) becoming more cnlofltlc downhole and coarser grained

140 0 ~ 140.09 flunor dk gteentSh~gfey talc-chl schist band at 60dca pts,

sectlOn grades ! ~ 20cm mto 14120 142.59 Mlc; TLCS

Chlorite Schist i5c; Talcose very dk green-grey, \'g thIn lam'd. talcose chi sch~st & minor pts cstrs!cthds; Be' meg & mtrusive ~ 4Sdca

142.59 143 82 I3D; CHIL Diabase 45': Chilled black, aphanitic, hlghUy chtlled magnetic intrusive, Be 70dca sharp

143 82 173 00 VB, CHLC'; TLCS, CARE llJtn:amafi(' Volcanic 700~ Chloride: l'alcost!; (,arbonitiud dark green., fg, mod sheared, thin lamed but massive 100king UMV·T\1VO show coarse bands of variable mod-strong WAD ("white altn spots - dolomite") and morl~strong perv Feooearb gndmass, schtyifoln lIexturing 70-90dca (avg 8Odoo) thro; grades at 70dca pts mto

173.00 177.46 V13; Mlc70; ALTD; HRNC Ultramafic Volcanic 7W; Cblorite &bist; Altered; Hornfelsic med grey and blotchy black, vfg talcose black chI carbomtized schist I altered UMV showing 25*50% fg to eg irregular patches J spotting of black chi overprtnt;

Project: Globex

12500 11800 12800 13100 12800 13100 131.00 134.00 13400 13700 137.00 140.00

14000 14120

14120 14259

142.59 14382

14382 14700 159.2CI !t:0.75 162.00 1HOO

173.00 17600 17600 : 177.46

(Dbl)

8084 I 'H:/~"''''

ross

18086 8087

DDH :TM-21

-

I

1300 boo '300

1

3.00 300

·3.00

1.20

139

123

- - - - - -

Page: 5

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- - - - - - - - -Globex

Be sharp, flamed (calcite) reaction band 17746 199 81 I3D; MASS; MAG<:

Diabase 600 j Massivt; Magnetic dk charcoal grey, fg, massive dtabase intrusIve, magnetiC thro; trace qtz-carb (cc)-chl-epid thds xcuttlrlg thro, upper contact chuted glassy black! 1 Scm and shO\vs mlOor ca\Cite threads dev'd i first meter~

DDHend

199 81m EOl! [Drill." 'Pi 200]

logged by R V_ Za\nierrunasP.Geo December 10, ZOOS Larder Lake, 0:-;

Number of salllples; S8 Number of samples QAQC: 5 Total samplw length: 150,22

Project: Globex

- -

177.46 19700 19700 19710 19720

179.00 199.00 199.00 199.00 19900

-

I : 8088

1

8089

I

8090 (Dbl) 8091 (BIn) 8092 (SId)

DDH: TM-21

- - - - - - -

Page: 6

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- - - - - - - - - - - - - - - - - - -

From

7.33 900 :2 900

I :;~; 12 II 12 I: 1259 14.51 0 I~ 14.51 1700 2 4 :2 1700 2000 2 10 ,4 : 2 12 20.00

I"" i

1° I~ 13

13

2300 2600 0

I~ 2600 29.00 1° 1- 1° 16 ,0 ,4 :4 ,2

2900 3200

I~ I: I: '2

32.00 35.00 ,2 I; TR 3500 : 38.00 2 0 38.00 11!: 12 '0 4 4 \4 h 4100 :2

Ig Ii [: :4 :2

44.00 47.00 :2 12 If 47.00 :5000 13 b 50.00 15300

I~ 1° ' 4 12 53.00

156

.00 :0 :4 !4 : 3

I~ 56.00 5900 0 :6 4 '1R 59.00 !6200 12

1° 14 I~ 3 62.00 165.00 ji 0 4

13 ITR

6500 .6800 0 4 ,TR

I~ 70.50 12 0 :4 '4 ITR 72 83 '2 0 !4 14 II

: 76()O ' 2 0 14 14 13 IF 179

.00 12 0 ,4 :1 : 5

82.00 14 0 14 I> :4 !1 1

8420 4 0 14 14 4 TR ,8600 12 0 4 4 3 I .8800 2 0 14 14 I

1

9100 2 0 14 I~

:2 9400 0 I~ 12 1%50 0 I; '99.00

:~

110100 0 12 12

4 0 12 14 ,4

110400 2 I; ,4 :TR

10400 ,107.00 4 I~ 107.00 ,Il0 00 110.00 11300 i13.00 116.00 119.00 122.00 125.00 12800 131.00 134.00 137.00 14()00 14120

Project: Globex DDH :TM-21 Page: 7

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- -- - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

Project: Globex DDH: TM-21 Page: 8

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- - - - - - - - - - - - - - - - - - -Globex Mining Enterprises Inc.

From To Len. Rec. RQD Joints

Weathering Strength DESCRIPTION 0/0 0/0 Nmb. Type Angle

7.25 8.00

1

075 100 44 13 800 1100 3.00 100 7133 29 11.00 1400 300 100 83 30 1400 1700 3.00 100 49.67 20 17.00 20.00

1

300 100 4833 50 2000 2300 300 100 5333 50

1

23.00

1

2600 1

3.00 100

1

7867 40 1 1 2600 2900 300 100 9833 18

I ;~~ I I

1

2900

1

3200 100 2667

1

100 3200 3500 100 5333 50 3500 3800 3.00 100 6133 50 3800 \4100 3.00 100 9767 14

]4100 44.00

1

300 100 8867 19 4400 4700 3.00 100 9867 8 47.00

1

5000 3.00 100 98 10 5000 53.00

1

300 100 91.67 20 5300 5600 3.00 100 95 30 56.00 59.00

I~~~ 100 5067 50

5900

1

6200 100 78.33 30 6200 6500 300 100 8933 25

]6500 ]6800 3.00 100 83 20

1

6800 7100

1

300 100 94.67 13 7100

174

.00 3.00 100 95 20

7400 77 00 1300 100 9733 14

177.00 1

8000

1

300 100 8567 25 8000 8300 3.00 100 97.67 15 8300 186 00 3.00 100 99 13

186 00 \89 00

1

300 100 94 15 8900 9] 00 3.00 100 &O(b7 1~

95.00 li~10~O 3.00 100 9833 15 ]98 00 ]300 100 9867 12

1

10100 ]10400 3.00 100 85 30

110400 IlQ700 1

300 100 9433 16

1 ~~~~~ 11000 3.00 100 77 50 i 11300

13.00 100 6567 20

1113 00 111600

1

300 100 9633 16 116.00 11900 3.00 100 70 30

]11900 122.00 3.00 100 74.67 50 112200 ,12500 ,300 100 49 JJ I 100 r500

112800

1

300 100 88

122 128.00 13100 3.00 100 96 16 131.00 13400 3.00 100 95 21 13400 137.00 3.00 100 8667 40

1113700 1140.00 3.00 100 88 30 140.00 14300 300 100 59 30 143.00 146.00 3.00 100 96.33 14

1146.00 1149.00 3.00 100 8533 23 14900 152.00 3.00 100 93.67 19

1115200 115500 300 100 88.33 32 155.00 15800 300 100 8733 25

Project: Globex DDH: TM-21 Page: 9

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- - - - - - - - - - - - - - - - - - -

Globex Mining Enterprises Inc . From To Len.

Rec. RQD· Joints Weathering Strength

°/0 % ;>.!mb. Type Angle DESCRIPTION

15800 16100 3.00 lOG 94.67 14 161.00 164 00 300 100 100 12 16400 16700 3.00 100 92.33 15 167.00 17000 3.00 100 90.67 J3 170.00 173 00 3.00 100 100 12 17,00 17600 1,00 100 Q6 14 176.00 17900 1300 100 7667 40 17900 18200 I~: 100 58 50 182.00 18500 100 99 15 18500 18800 I~: 100 9567 14 18800 19100 100 78 20 191.00 l' 300 100 8667 19 194.00 19700 100 9467 17 197.00 19981 281 100 92.17 15

•• Project: Globcx DDH :TM-21 Pagc: 10

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I I I I I I I I I I I I I I I I I I I

Timmins Magnesite - 2008 Drilling Program

APPENDIX 'C'

Assay Certificates

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda, QC J9X 211

Page: 14

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- - - - -Laboratoire Expert Inc. 127, Boulevard Industriel Rouyn-Noranda, Quebec Canada, J9X 6f>2 Telephone: (819) 762-7100, Fax: (819) 762-7510

- - - - - - - - - - - -'It** Certificate of analysis ***

Date 2009/01/16

Page 1 of 1

I Client Globex Mining Enterprises Inc. --I I Addressee : Jack Stoch

76580

76581

76582

76583

76584

76585

76586

76587

76588

76589

76590

76591

76592

76593

86, 14eme Rue Rouyn-Noranda Quebec J9X 2J1

Au FA-GEO

ppb 5

II

25

15

62

195

6

<5

6

<5

<5

6

<5

1688

-_ .. __ .. _---

Telephone: (819) 797-5242 Fax: (819) 797-1470

------\------------ --_ .. _---------------Folder

Your order number

Project

23851

TIMMINS MAGNESITE f--------.. -~--- .. ----Total number of samples: 14

------------~-----------------------------Au-Dup FA-GEO

ppb )

15

<5

Au FA-GRAV

gil 0,03

175

Ni AAT·7

ppm 2

79

83

69

72

65

65

60

66

65

68

66

96

39

&3

Ni-Dup A"T-7 ppm

2

18

Joe Landers, Manager

- -

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- - - - -Laboratoire Expert Inc. 127. Boulevard Industriel Rouyn-Noranda. Quebec Canada. J9X 6P2

Addressee : Jack Stoch

86, 14eme Rue Rouyn-Noranda Quebec J9X 2J1

Au FA-GEO

ppb 5

76501 <5

SG31-08-01 988

76502 271

76503 <5

76504 <5

76505 <5

76506 <5

76507 <5

76508 <5

76509 <5

76510 298

76511 33

76512 <5

76513

76514

7651;; 71

76516 7

76517 <5

76518 15

76519 28

- - - - - - - - - -*** Certificate of analysis ***

Telephone: (819) 797-5242 Fax: (819)797-1470

Au-Dup FA-GEO

ppb 5

<5

Au FA-GRAV

gil 0.03

Ni AAT-7

ppm 2

87

80

57

55

76

64

69

72

83

65

54

7i

75

75

66

77

67

63

64

23691

TIMMINS MAGNESITE

number of samples: 39

Ni-Dup AAT-7 ppm

2

89

77

-i=---===---=~""" -Date 2008/11/19

Page 1of3

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- - - - -Laboratoire Expert Inc. 127. Boulevard Induslriel Rouyn·Noranda. Quebec Canada, J9X 6P2

Client

86, 14eme Rue Rouyn-Noranda Quebec

Designation

76520

76521

76522

76523

76524

76525

Blk.lJI

76526

76527

76528

SE29·08·01

76529

76530

76531

76532

76533

76534

76535

76536

76537

Au

28

67

15

<5

5

<5

<5

<5

<5

579

<5

9

<5

<5

<5

<5

<5

<5

<5

- - - - - - - - - - -*** Certificate of analysis *** Date 2008/11/19

Page 2of3

23691

TIMMINS MAGNESITE Telephone: (819) 797·5242

number of samples: 39 Fax : (819) 797·1470

Au·Dup Au Ni Ni·Dup FA·GEO FA-GRAV AAT·7 AAT·7

ppb gil ppm ppm 5 0.03 2 2

63

42

72

63

55

<5 47 50

77

61

60

63

65

61

63

57

59

f",

65

<5 62 60

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- - - - -Laboratoire Expert Inc. 127, Boulevard Industriel Rouyn-Noranda, Quebec Canada, J9X 6P2

: Jack Stoch

86, 14eme Rue Rouyn-Noranda Quebec

Desi!!nation

76538

76539

J9X 2J1

Au FA-GEO

ppb 5

<5

1746

- -

Telephone

Fax

Au-Dup FA-GEO

ppb 5

- - - - - - - -*** Certificate of analysis ***

: (819) 797-5242

: (819) 797-1470

Au FA-GRAV

gil O.oJ

1&2

Ni AAT-7

ppm 2

17

80

Ni-Dup AAT-7

ppm 2

23691

TIMMINS MAGNESITE

39

-20D8/11/19

Page 30f3

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-

'/ ' /.

- - - -Laboratoire Expert Inc. 127, Boulevard Industriel Rouyn-Noranda, Quebec Canada, J9X 6P2 Telephone: (819) 762-7100 Fax: (819) 762-7510

- -Client : Globex Mining Enterprises Inc.

Addressee : Jack Stoch

86, 14eme Rue Rouyn-Noranda Quebec Telephone

J9X 2J1 Fax

Au FA-GEO

ppb Designation 5

27234 N.A

27235 N.A

27236 N.A

27237 <5

27238 <5

27239 <5

27240 <5

27241 <5

SG3l-08-01 989

27242 24

27243

27244 <5

27245 <5

N.A Non applicable

- - - - - - - - - - -*** Certificate of analysis *** Date 2008/12/11

Page 1 of 1

Folder 23828 I

Your order number

Project TIMMINS MAGNESITE : (819) 797-5242

Total number of samples: 12 : (819) 797-1470

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- - - - -­Laboratoire Expert Inc. 127, Boulevard Industliel Rouyn-Noranda, Quebec Canada, J9X 6P2

-

Telephone : (819) 797-5242 Fax , (819) 797-1470

Au Au-Dup Au FA-GEO FA-GEO FA-GRAV

ppb ppb gil Designation 5 5 0,03

76556 <5

76557 <5

76558 <5

76559 <5

76560 <5

76561

76562 <5

76563 1678 1.78

76564 18

76565

76566 II

76567 141

76568 <5 <5

76569

76570 <5

- - ... - -Date 2008/12/04

Page 1 of 1

23777

TIMMINS MAGNESITE

Total number of samples: 15

Ni Ni-Dup AAT-7 AAT-7

ppm 2

47 49

23

28

35

247

409

51

83

619

1025

299

140

51 53

53

29

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-

,p'

- - - -Laboratoire Expert Inc. 127, Boulevard Industriel Rouyn-Noranda, Quebec Canada, J9X 6P2

86, 14eme Rue Rouyn-Noranda Quebec J9X 2J1

Au FA-GEO

ppb Designation 5

76571 <5

76572 <5

76573 <5

76574 <5

76575 14

76576 <5

76577 <5

76578 <S

76579 1746

- -

Telephone: (819) 797-5242

Fax . (819) 797-1470

Au-Dup Au FA-GEO FA-GRAV

ppb gIl 5 om

1.81

Ni MT-7

ppm 2

162

140

156

775

922

893

792

261

146

Ni-Dup MT-7

ppm 2

157

- - - -2008112/09

Page 1 of 1

23822

TIMMINS MAGNESITE

9

Joe ... a""~,,,.I"!'"

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- - - - -­Laboratoire Expert Inc. - - - -

/ Luce Lafleur, Office Manager

-Date 2008l11f26

Page 1 of 1

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I I I I I I I I I I I I I I I I I I I

E"li-iORT LABORATORY

Date: November 05, 2008

Your reference: Timmins Magnesite

Globex Mining Enterprises Inc. 86, 14th Street Rouyn-Noranda, Qc J9X 2J1

Attn: Jack Stoch

Elements

Totalldent FeO S04 C02 Hg

127 Boulevard Industrk~1 , Rouyn-Noranda, QC J9X EiP2 Tel: 81£'.762.7100 Fax: 819.762.7e,10

Or. J2.' (f}.l C21lflBJf.:.lI• f)

r~i NOV i I] 200B II, .' " ! J ! 'Tr\;";"'::;-i-;J'i"-\'l~U I.e c •. .." '-::./ _ 1..1 L.J __ I L

-------

Our reference: A08-6428 I Folder 23426

Number of samples: 1

Method

4E Exploration Titration Infrared Coulometry Cold vapour

Cc / ~2(i6:.fO

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- - - - - - - - - - - - - - - - - - -Report: A08-6428 Final Report

Report Date: 11/4/2008 Activation Laboratories

Analyte Symbol Au Ag As Ba Bi Br Cd Co Cr Cs Cu Hf Hg Ir Mo Ni Pb Unit Symbol ppb ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppb ppm ppm ppm Detection Limit 5 0.5 2 3 2 1 0.5 1 1 0,5 1 0.5 1 5 2 1 5 Analysis Method INAA MUL T INAA I TD-ICP INAA MUL T INAAIFUSICP TD-ICP INAA TD-ICP INAA INAA INAA TD-ICP INAA INAA INAA TO-ICP TD-ICP TD-ICP

1-pRS-062708 16 < 0.5 6 3 <2 2 <0,5 75 1030 " 0.5 2 < 0.5 < 1 <5 5 2240 <5

Page 1 of 4

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- - - - - - - - - - - - - - - - - - -Report: A08-6428 Final Report

Report Date: 11/, Activation Laboratories

Analyte Symbol Rb S Sb Sc Sa Ta Th U W Zn La Ce Nd Sm Eu Tb Yb Lu Mass CO2 Hg 804 FeO Unit Symbol ppm % ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm ppm 9 % ppb % % Detection Limit 20 0.001 0.2 0.1 3 1 0.5 0.5 3 1 0.2 3 5 0.1 0.1 0.5 0.1 0.05 001 5 0.3 0.Q1 Analysis Method INAA TO-ICP INAA INAA INAA INAA INAA INAA INAA TD-ICP INAA INAA INAA INAA INAA INAA INAA INAA INAA CaUL FIMS IR TITR 1-PR$.06270B < 20 0.002 1.3 3.8 <3 <1 <: 0.5 < 0.5 4 26 <: 0.2 <3 <5 < 0.1 < 0.1 < 0.5 < 0.1 <0.05 1.543 23.9 58 <; 0.3 1.29

Page 2 of 4

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- - - - - - - - - - - - - - - - - - -Report: A08-6428 Final Report

Report Date: 11/, Activation Laboratories

Analyte Symbol Si02 AI203 Fe203 MnO MgO CaO Na20 K20 Ti02 P205 LOI LOl2 Total 2 Total Be Sr Unit Symbol % % % % % % % % % % % % % % ppm ppm Detection Limit 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.005 0.01 0.01 0.01 0.01 1 2 Analysis Method FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS-ICP FUS·ICP FUS-ICP FUS-ICP

l-PRS-062708 30.3 0.38 5.28 0.06 33.86 002 < 0.01 0.04 0.02 <: 0.01 29.97 29.97 99.94 99.94 q "'2

Page 3 of 4

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- - - --Report: A08-6428

Report Date: 11/·

Analyte Symbol Unit Symbol Detection Limit

V ppm

5 Analysis Method FUS-ICP

1-PRS-062708 <5

Y ppm

1 FUS-ICP

< 1

- - -Zr

ppm 2

FUS-ICP

11

- - - -Final Report

Activation Laboratories

Page 4 of4

- - - - - - -

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I I I I I I I I I I I I I I I I I I I

Page: 15 Timmins Magnesite - 2008 Drilling Program

Plans (in Back Pocket)

a) Timmins Magnesite Property, DDH Compilation Plan, scale 1 :5,000 b) Section 865 East, scale 1 :500 c) Section 950 East, scale 1:500 d) Section 1050 East, scale 1 :500

Globex Mining Enterprises Inc. 86, 14e rue, Rouyn-Noranda, QC J9X 2Jl

TeL:(819)797-5242 fax' (819)797-1470 Email: "'\'"",;1,,.1,,, "!","l'''1'.,' Web' \01'" ""', ',:,k """"":,'1""